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Blockchain Life 2021

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Coinbase Acquires Ethereum-powered Exchange Paradex and Retires GDAX

May 25, 2018 by Cindy Huynh at Altcoins, Business, Ethereum, News

Global cryptocurrency exchange Coinbase recently announced on Wednesday, May 23, 2018, the acquisition of Paradex, a relay platform that allows users to trade cryptocurrencies directly with one another. According to Reuters, Coinbase is looking to improve the technology and expand Paradex’s service globally. Paradex is seen as a decentralized exchange...

DoJ Probe to Examine Bitcoin Exchanges For Alleged Price Manipulation

May 25, 2018 by contributor at Bitcoin, Finance, News, Regulation

The U.S. Department of Justice (DoJ) has been keeping an eye on the alluring volatility of the price of bitcoin, with reports emerging of a launch of criminal probe for price manipulation on exchanges. Bloomberg reported May 24, 2018, the DoJ is not amused by bitcoin’s price swings, and is...

2018 U.S. China Blockchain and Digital Currency Conference Announced

May 24, 2018 by Guest Post at Press Releases

The 2018 U.S. China Blockchain and Digital Currency Conference at LAX Marriott Hotel on August 22, 2018, is organized by Blockchain China Connect, Artisan Business Group, Inc., and partnered with FundingPost.com. The conference is the only Sino-U.S. investment and funding focused event for blockchain and cryptocurrency industry. Hundreds of blockchain entrepreneurs, investors,...

The State of Cryptocurrency Adoption by Online Merchants

May 24, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

Online payments have always been identified as a real area for disruption by cryptocurrencies. The emergence of digital currencies supported by trusted blockchain technology, offering fast and low-cost transactions have all the makings of an online merchant favorite. It makes sense for a predominantly internet-enabled commerce market to be facilitated...

Ireland Releases Guidance on Cryptocurrency Taxes

May 23, 2018 by contributor at Altcoins, Bitcoin, Ethereum, Finance, News

Ireland has announced that Irish-based companies handling transactions via digital currency will be faced with the “normal” tax rules according to the country’s tax authorities in an announcement on May 15. Tax Clarification Required A lot of concerns and queries by potential cryptocurrency focussed businesses culminated to the announcement by...

Tradeshift Uses the Blockchain to Create a Compatible Payments System

May 23, 2018 by Cindy Huynh at Altcoins, Finance, News, Tech

Tradeshift, a supply chain payments company recently launched a service called Tradeshift Pay that allows payments and financial solutions to work with “all major blockchain technologies including ethereum and hyperledger.” The interoperable solution enables the writing of all transactions onto a public ledger to secure a clear record and create...

CFTC Chairman to Senators on Bitcoin: “We owe it to this new generation to respect their interest”

CFTC Opens the Door to More Cryptocurrency Derivatives with New Advisory

May 23, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, News, Regulation

The U.S. Commodity Futures Trading Commission (CFTC) has issued a new advisory according to a May 21 announcement, which exchanges and clearinghouses planning to list cryptocurrencies derivatives must adhere. The instructions are in response to growing industry concerns about the vetting process for new derivative products pegged around digital currencies....

BestMixer.io: A New Bitcoin Mixer Enters Market

May 23, 2018 by Guest Post at Press Releases

5/21/2018 – BestMixer.io, a bitcoin mixer, has made its entry into the cryptocurrency mixer market. Cryptocurrency mixers, also known as bitcoin mixers or bitcoin tumblers, serve the purpose of breaking connections between coin senders and coin receivers The idea is to provide coin owners with privacy since all cryptocurrency transactions...

Jaxx Liberty and Unity Token Unveiled by Decentra at Consensus Afterparty

May 23, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, Ethereum, News, Tech

Canada based blockchain technology company Decentral Inc. announced the launch of its next endeavor, dubbed “Decentral project.” Decentral Inc. is the company responsible for the multi-platform cryptocurrency wallet Jaxx. On May 16, 2018, they unveiled three new launches that included Jaxx Liberty, the Decentral Unity token and two new pieces...

What is STEEM and is it a Good Investment

Steemit Announces over 1 Million Users

May 23, 2018 by Nigel Dollentas at Altcoins, Blockchain, Ethereum, News

Steemit has recently announced that they have surpassed 1,000,000 users. The content platform is also ecstatic with the user activity the platform is receiving, regarding transactions over a 24 hour period, daily visitors, and unique accounts. Steemit Has More Transactions Than All Other Crypto’s The Steem (STEEM) blockchain now processes...

Islamic Finance and the Blockchain are Getting Closer

UK Mosque Plans to Accept Bitcoin and Ethereum for Alms and Zakat this Ramadan

May 22, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Commentary, Ethereum, Finance, News

While Islam frowns at high-interest rate lending, currencies not backed by commodities or assets, and Ponzi schemes, the Shacklewell Lane mosque in London has caught the bitcoin bug and has made it possible for Muslims in the area to give alms and make donations to the mosque with cryptocurrencies. Bitcoin...

Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21

May 21, 2018 by Alex Lielacher at News Digest

Consensus, the biggest annual bitcoin conference, was held in New York in the past week but failed to spark the expected bitcoin rally that financial commentators like Fundstrat’s chief analyst Tom Lee predicted. Instead, the price of bitcoin dropped after the conference concluded and remained mostly unchanged versus last week’s...

Goldman Sachs’ Cryptocurrency Trading Desk Contradicts Anti-Crypto Stance

Goldman Executive Left Wall Street to Cryptocurrency Sector, Here’s Why

May 21, 2018 by Joseph Young at Altcoins, Bitcoin, Finance, News, Regulation

Timothy Tam, a former statistical arbitrage trader at Goldman Sachs and senior trader at major Asian hedge funds who managed more than $1.5 billion by trading equities, foreign exchange, and convertible bonds, recently explained why he had to leave Wall Street to enter the rapidly growing cryptocurrency sector. Escaping Wall...

PinkDate Brings Escort Matchmaking to a Blockchain

May 21, 2018 by Rahul Nambiampurath at ICO/IEO

Privacy has always been a concern for those seeking escort services online. It’s a time-consuming hassle for both parties because there has been no effective online platform, like dating sites offer, to reliably search and find a pre-verified escort or client. The client needs to be assured that the profile...

Ex-Deloitte Executive to Raise $150 Million to Build “Ethereum of Supply Chain”

May 21, 2018 by contributor at Blockchain, Business, Ethereum, Finance, News, Tech

Eric Piscini, the brains behind Deloitte’s blockchain prowess, has left the company. Currently boasting 1,200 employees, and starting with just three, Piscini was instrumental in scaling the blockchain operation to $50 million. Now, he has stepped down and decided to travel a different road. A Bright Future As per a...

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