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BITCOIN PRICE: 5,558.31     HIGH: 5,610.00     LOW: 5,199.80

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Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

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Tag: China

New Report Reveals Worrying Trend of Continued Decline in Internet Freedom

Category: Commentary, News, Regulation, Tech

New Report Reveals Worrying Trend of Continued Decline in Internet Freedom

In a report titled, “Freedom on the Net 2018: The Rise of Digital Authoritarianism,” an independent human rights watchdog, Freedom House, has uncovered alarming levels of declining Internet freedom across the world. The Rise of Digital Authoritarianism Freedom House is a non-governmental organization dedicated to upholding democracy and human rights. The organization has been in existence since 1941 and creates…

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BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain

Category: Altcoins, Blockchain, Business, Ethereum, Exchange, Finance, News, Platform, Tech

BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain

One of Spain’s leading banks, Banco Bilbao Vizcaya Argentaria (BBVA), has successfully signed off the terms of a $150 million syndicated loan with the help of blockchain technology, reports Finextra, November 7, 2018. Multi-million Loan carried over a Private Blockchain Notably, the syndicated loan transaction was carried out over a private blockchain network in the presence of two legal advisors,…

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Crypto Exchange BTCC Shutting Down its Mining Pool Business

Category: Altcoins, Blockchain, Exchange, Mining, News, Platform, Tech

Crypto Exchange BTCC Shutting Down its Mining Pool Business

After four years of operation, Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business, BTCC Pool Limited, the company announced on their website on November 6, 2018. Mining Company BTCC Pool Shut Down Indefinitely A major crypto exchange based in Hong Kong has announced that it will be shutting down its mining pool business. BTCC crypto exchange,…

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Chinese Court: Bitcoin Is Property and Protected by Law

Category: Bitcoin, Finance, News, Regulation

Chinese Court: Bitcoin Is Property and Protected by Law

A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value. China Validates Bitcoin Trading Contracts Finance…

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China’s Lufax P2P Lending Platform Eyes Blockchain Technology

Category: Blockchain, Business, Development, Finance, News, Platform

China’s Lufax P2P Lending Platform Eyes Blockchain Technology

Lufax, China’s leading peer-to-peer lending and wealth management platform, has hinted its working on integrating distributed ledger technology (DLT) into its operations to reduce cost and increase transparency, reported The South China Morning Post on November 2, 2018. Lufax Joining the Blockchain Movement Per sources close to the matter, Lufax has reportedly declared that it will be integrating blockchain technology…

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Hong Kong Exchanges and Clearing Adopts Blockchain Technology

Category: Adoption, Blockchain, Business, Finance, News

Hong Kong Exchanges and Clearing Adopts Blockchain Technology

Hong Kong Exchanges and Clearing (HKEX), China’s publicly-traded holding company that claims to be one of the most extensive market operations in the world, is developing a distributed ledger technology (DLT) powered platform aimed at helping international investors trade mainland Chinese shares via the Hong Kong Stock Connect platform, reported Channel NewsAsia on October 30, 2018. HKEX Joins the Blockchain…

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Bitcoin Remains Firmly at its $6,500 “Stablecoin” Mark: BTCManager’s Week in Review

Category: Bitcoin, Blockchain, Exchange, Finance, Investment, News, Platform, Tech

Bitcoin Remains Firmly at its $6,500 “Stablecoin” Mark: BTCManager’s Week in Review

The price of bitcoin barely moved in the past seven days – ranging from $6,450 to $6,550, to close the week effectively unchanged around the $6,500 mark. This week’s headlines have been driven by more adoption-positive news such as Visa saying that it will consider adopting cryptocurrencies if that will be the way the market evolves, Bakkt confirming the launch…

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Shenzhen Court Says Bitcoin Should Be Legally Protected as Property

Category: Bitcoin, Finance, News, Platform, Regulation

Shenzhen Court Says Bitcoin Should Be Legally Protected as Property

An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018. Chinese Court Confirms Bitcoin Protected by Law The Shenzhen Court of International Arbitration published a case analysis on October…

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China’s First Blockchain Security Testing Center is Coming to Changsha

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

China’s First Blockchain Security Testing Center is Coming to Changsha

China is ready to establish its first blockchain security testing center – courtesy of an agreement signed between The National Computer Network Emergency Coordination Center and the economic development zone of Changsha, China News Service reported on October 24, 2018. Security Testing Center to Be Launched in Changsha As per the agreement signed, the proposed security testing center will be…

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China’s People Capital VC Firm Partner Xunlei to Launch DLT Laboratory

Category: Adoption, Blockchain, Business, News, Platform

China’s People Capital VC Firm Partner Xunlei to Launch DLT Laboratory

People Capital, the investment and venture capital arm of China’s leading newspaper, People’s Daily Online, has formed a strategic alliance with Xunlei Limited, a Chinese multinational technology company and online service provider, to develop a distributed ledger technology (DLT) laboratory to explore the groundbreaking technology in various scenarios, reported Business Wire on October 23, 2018. Blockchain Technology for Innovation Per…

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