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Korea May Use Blockchain to Verify Food and Livestock, with Waltonchain Partnership

July 19, 2018 by Joseph Young at Blockchain, News, Regulation, Tech

The development company behind the Internet of Things (IoT)-focused public blockchain network, Waltonchain, has secured a strategic partnership with the South Korea Food and Livestock Promotion Center, to encourage the usage of the blockchain in the agricultural and food distribution sector. The South Korea Food and Livestock Promotion Center is...

Blockchain-Based Healthcare Startup Aenco Joins Enterprise Ethereum Alliance

July 19, 2018 by contributor at Blockchain, Business, Ethereum, News

The Enterprise Ethereum Alliance (EEA) added Aenco, the world's first blockchain-based healthtech digital financing solutions provider, to its impressive lineup of partner companies on July 18, 2018. EEA Grows Member Count According to a press release on Markets Insider, Samoa-based Aenco officially joined the EEA, a non-profit organization which connects...

0x Protocol Aims to Supersede Centralized Exchanges as ICO Funds are Utilized for Development

July 18, 2018 by contributor at Altcoins, Blockchain, Exchange, News, Tech

For a market clamored on supporting decentralized frameworks, cryptocurrency exchanges are the digital asset sector’s single point of ideological failure. While decentralized exchanges (DEX) can serve as a fundamental challenge concerning fund storage and liquidity, companies like 0x are swiftly building turnarounds. Build Your own DEX Technically similar to Ethereum...

SEC Stops Kodak-Branded “KashMiner” Bitcoin Mining Scheme

July 18, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Mining, News

The U.S. Security and Exchange Commission (SEC) has put a stop to a Kodak-branded cryptocurrency mining scheme including a Kodak KashMiner device, the company confirmed on July 16, 2018. The KashMiner "Scam" Spotlite USA, the company behind the product, first put the bitcoin mining computer named Kodak KashMiner on display...

PoWx’s Optical Proof of Work May Solve two of Bitcoin’s Biggest Problems

July 18, 2018 by Nigel Dollentas at Bitcoin, Blockchain, Development, Mining, News, Tech

With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love. The premise, in short, hopes to replace energy costs with manufacturing costs. Miner Profitability and Environmental Concerns PoWx is...

Brazilian Authorities Shutter International Cocaine Ring Financed Using Bitcoins

July 18, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Crime, News

The Brazilian Police force has successfully arrested several members of an international drug syndicate using cryptocurrency to launder proceeds from their illicit deals. End of the Road According to local news Folha de S. Paulo, Brazil's Federal Police have apprehended 12 people in connection with an international drug trafficking gang...

Monero Announces Successful Completion of “Bulletproof” Protocol’s Audit

Monero Announces Successful Completion of “Bulletproof” Protocol Audit

July 18, 2018 by Cindy Huynh at Altcoins, Blockchain, Development, News

Monero, a privacy-focused open-source cryptocurrency announced via Twitter that Kudelski Security, an independent Swiss cyber and media security solutions company, has completed the first successful technical audit of Monero compatible Bulletproofs on July 16, 2018. Monero also embedded a draft of the full report in a tweet. While there were a...

Man looking at Ether and Bitcoin sit in the water

Bitcoin Payments Processor BitPay Granted BitLicense

July 18, 2018 by contributor at Bitcoin, Blockchain, Ethereum, News, Regulation

After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business. U.S.-based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS)...

Global Regulators “FSB” Announce Cryptocurrencies Are Being Monitored

July 18, 2018 by John Iadeluca at Blockchain, News, Regulation

The regulators behind G20, the Financial Stability Board (FSB) have begun research on cryptocurrencies and their potential effects on the overall global economy. This comes months after the G20 meeting, in which a compromise was reached amongst different regulators and marketplaces. The monitoring that will be completed will mostly be...

Billion Dollar Hedge Fund Manager Believes Tech Talent is Moving in Waves

Billion Dollar Hedge Fund Manager Believes Blockchain Talent Is Moving in Waves

July 18, 2018 by John Iadeluca at Blockchain, News

The founder of crypto’s biggest hedge fund, Polychain Capital, discussed the current movement of top-tier talent in the tech sector from traditional entities to blockchain-based projects. Olaf Carlson-Wee, Polychain’s CEO, gave his input on why he believes crypto is in its best state yet in an interview with Fortune’s “The...

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