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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Hong Kong: National Stock Exchange Calls for Fintech and DLT Laws

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

Hong Kong: National Stock Exchange Calls for Fintech and DLT Laws

The Hong Kong Stock Exchange (HKEX) has published a paper on October 18, 2018, arguing that the nation’s existing financial laws should apply to Fintech, cryptocurrency and distributed ledger technology (DLT) ecosystems. Similar Regulatory Framework In a 26-page research report titled: “Financial Technology Applications And Related Regulatory Framework,” the HKEX, noted that since Fintech and blockchain technology are utilized by…

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Chinese Authorities Propose the First Set of Blockchain-Specific Regulations

Category: Altcoins, Business, News, Regulation, Tech

Chinese Authorities Propose the First Set of Blockchain-Specific Regulations

The Cyberspace Administration of China (CAC) published a draft policy framework on Oct 19, 2018, to regulate blockchain-powered services in the country. The leading internet censorship agency said it is open for public feedback till November 2, 2018, before finalizing the implementation of the new policy. First Step Toward Blockchain Regulation? If implemented, the new policy dubbed “The Regulation for…

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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

Category: Bitcoin, Mining, News, Platform

Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business. Giga-Watt Lays off 80 Percent of Staff and Suspends Construction…

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$50 Million ICO Stopped by Australia’s Securities Watchdog

Category: Altcoins, Blockchain, Ethereum, News, Platform, Tech

$50 Million ICO Stopped by Australia’s Securities Watchdog

The country’s securities regulator has halted global Tech Exchange’s initial coin offering (ICO) project planning to raise as much as US$50 million, the company announced on October 22, 2018. Watchdog Halts ICO Australia’s main financial regulatory body has halted an ICO that was planning on raising $50 million to commence the process of tokenization. The ICO, initiated by Global Tech…

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EY Report: 86 Percent of ICO Tokens Are Now Below Their Listing Price

Category: Altcoins, Exchange, Finance, News, Platform, Tech

EY Report: 86 Percent of ICO Tokens Are Now Below Their Listing Price

According to a 2017 ICO report by Ernst and Young (EY), published on October 19, 2018, 86 percent of the tokens from ICOs in 2017 are currently below their listing price, with 30 percent having lost all of its value. Demand For ICOs Continues to Grow in 2018 According to the EY report, while ICOs were a popular and new…

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Visa Looking to Launch Blockchain Solution for B2B Cross-Border Payments

Category: Altcoins, Business, Finance, News, Platform, Tech

Visa Looking to Launch Blockchain Solution for B2B Cross-Border Payments

In a bid to make it easier for financial institutions to send cross-border payments globally, in a fast, secure and cost-efficient way, Visa is joining forces with IBM and Bottomline Technologies to launch its B2B Connect distributed ledger technology (DLT) solution powered by Linux Foundation’s Hyperledger Fabric framework by the first quarter of 2019, reported Finextra on October 22, 2018….

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The Government of Gibraltar to Create Blockchain-Related Education Courses

Category: Adoption, Blockchain, Business, News, Regulation

The Government of Gibraltar to Create Blockchain-Related Education Courses

The Government of Gibraltar recently launched the New Technologies in Education (NTiE) Advisory Group, a group responsible for addressing the growing demand for skills in the emerging technology sector. According to the Gibraltar Chronicle’s article published on October 19, 2018, one of their focus areas is to create educational material on innovative technologies like blockchain. Government Partners with University of…

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Web3 Summit Pt.1: Metaphorical Mental Models and The New Internet

Category: Blockchain, Ethereum, News, Platform, Tech

Web3 Summit Pt.1: Metaphorical Mental Models and The New Internet

Navigating the emerging Web3 ecosystem can seem like translating a massive marketing plan. Small startups will decentralize this, others will offer micropayments for that, and they’re all going to “right” the wrongs of the Internet. While some of this is true, the term doesn’t seem to capture the actual stack of technologies that will make up this next step. A…

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Ethereum Marketplace LocalEthereum now Enables External Wallets

Category: Altcoins, Blockchain, Ethereum, Exchange, News, wallet

Ethereum Marketplace LocalEthereum now Enables External Wallets

LocalEthereum, one of the largest decentralized peer-to-peer Ethereum marketplaces, now enables users to connect external wallets to their account instead of using a username and password combination, the company announced in a press release on October 22, 2018. LocalEthereum Integrates with Popular Ethereum Wallets Cryptocurrency marketplace LocalEthereum has added support for users to sign in with external ethereum wallets, enabling…

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Privacy-Centric Digital Currency PIVX Partners with UFC Fighter Cris Cyborg to Push Crypto Awareness

Category: Adoption, Altcoins, Business, Entertainment, Finance, News

Privacy-Centric Digital Currency PIVX Partners with UFC Fighter Cris Cyborg to Push Crypto Awareness

On October 20, 2018, the privacy-focused cryptocurrency project PIVX announced on Twitter that is has entered into a partnership with UFC featherweight champion Cris Cyborg and that it will join Team Cyborg ahead of her next title fight in December. PIVX’s Push for More Awareness PIVX emerged in early 2017 and quickly gained in popularity and value due to its…

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