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Jeju Governor Pushing To Create A Blockchain Hub City On His Island

Exchanges Protest as Korea Removes Crypto Businesses from Tax Reduction Bill

August 14, 2018 by Joseph Young at Adoption, Blockchain, Exchange, News

Local crypto exchanges and blockchain-related non-profit associations have started to formally protest against the government of South Korea for its controversial decision to remove cryptocurrency businesses from its tax reduction bill. Why Are Crypto Businesses Eliminated from the Bill? Earlier this month, the government of South Korea released a proposal...

Blockchain Technology Flying around earth like superman

Oracle, Social Reality Inc., and Riot Blockchain, Inc. Embrace Blockchain Technology

August 14, 2018 by Aisshwarya Tiwari at Adoption, Blockchain, Mining

Much has been said about the massive potential of blockchain technology to revolutionize the world as we know it. Blockchain ensures a transparent, decentralized mechanism that could eliminate many of the problems being faced by corporate and government sectors. Several organizations are working to bring blockchain into daily industry operations...

Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under

August 13, 2018 by contributor at Blockchain, Ethereum, Finance, News

The Commonwealth Bank of Australia (CBA) was awarded the rights to issue and operate financial bonds solely powered by blockchain technology, as reported by mortgagebusiness on July 13, 2018. World’s First Blockchain Bond Termed the world’s first bond “created, allocated and managed using blockchain technology,” the CBA holds the distinction...

BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon

August 13, 2018 by Alex Lielacher at Adoption, Altcoins, Bitcoin, Blockchain, Development, Exchange, News

Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon: BTCManager’s Week in Review August 13 The price of bitcoin dropped by almost ten percent week-on-week, continuing last week’s decline, suggesting that we may not have seen the bottom of this year’s bear market yet. Last week,...

Gitcoin Funding Bounties to Foster Integration of ENS into dApps

August 13, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Ethereum, News

The Gitcoin team, a prominent community that promotes collaboration in open source software development by offering incentives to participating developers, is now offering bounties to dApp developers for integrating Ethereum Name Service (ENS) into their existing technological mechanism. As per the announcement made on August 9, 2018, Gitcoin is sponsoring bounties...

Peter Thiel and Reid Hoffman: Crypto is Libertarian and AI is Communist

August 13, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Development, News, Tech

Peter Thiel and Reid Hoffman, the two original members of the PayPal Mafia, engaged in a rigorous debate at Stanford University in early 2018 concerning the relationship between technology and politics. The discussion was focussed on decentralized and centralized technologies like cryptocurrencies and artificial intelligence, and how their underlying technical...

Incentives Tokens, Priveleges, Rewards, and Penalties in Cryptoeconomics

Incentives: Tokens, Privileges, Rewards, and Penalties in Cryptoeconomics

August 13, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Mining

Cryptoeconomics refers to the use of cryptography in order to create economic systems. This fairly new branch of economics came into existence following Satoshi Nakamoto's creation of Bitcoin in 2009. Following the creation of a large number of altcoins, cryptoeconomics is now the backbone of an industry that possesses significant...

Singapore VC Firm Launches $10 Million Fund for Cryptocurrency and Blockchain Startups

August 13, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Investment, News

A Singapore-based venture capital firm, Golden Gate Ventures, made an announcement via Reuters on August 10, 2018, that the company is primed to establish a $10 million fund to invest in blockchain and cryptocurrency startups. A Budding Partnership The new fund, dubbed "LuneX," will primarily be used for investment in...

Private Equity Firm GSR Capital Invests $270 Million in Blockchain Startup tZero

August 12, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Finance, News

Hong-Kong private equity company GSR Capital is set to invest a whopping $270 million in Overstock’s blockchain based startup tZero. According to a press release published on August 9, 2018 Overstock also confirmed that GSR Capital would make an additional investment of about $30 million in tZero’s ICO, thus pushing...

West Virginia’s Blockchain-Based Military Mobile Voting App Attracts Negative Attention

August 12, 2018 by Cindy Huynh at Altcoins, Blockchain, News, Tech

According to CNN, West Virginian soldiers residing overseas will become the first group in the US to test a blockchain-based voting smartphone application. The blockchain-based application should make it easier for overseas troops to participate in the upcoming November 2018 elections. A group of computer security experts has however expressed...

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