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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: finance

Commonwealth Bank Of Australia’s CFO Quits To Join EOS VC Firm

Category: Altcoins, Finance, News

Commonwealth Bank Of Australia’s CFO Quits To Join EOS VC Firm

The chief financial officer of the Commonwealth Bank of Australia, Rob Jesudason, is resigning to join a blockchain startup based in Hong Kong known as Block.one as the chief operating officer and president. Block.one is the startup backing the EOS (EOS) virtual currency which is currently the fifth largest in the world with regards to market capitalization and develops open…

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Genesis Global Trading Joins the League of Bitcoin Businesses Granted New York BitLicense

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Genesis Global Trading Joins the League of Bitcoin Businesses Granted New York BitLicense

Genesis Global trading, a reputable cryptocurrency brokerage that services institutional investors and high caliber bitcoin investors have finally succeeded where many firms have failed. The Digital Currency Group-backed firm is now one of five crypto-related businesses to have been granted the New York BitLicense, the others being Coinbase, bitflyer, and Circle Genesis Cracks the BitLicense Hard Nut Thursday, May 17,…

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PinkDate Brings Escort Matchmaking to a Blockchain

Category: ICO News

PinkDate Brings Escort Matchmaking to a Blockchain

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 is of a genuine, age-verified person. The escort wants to…

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iBlockchain Summit 2018 Wrapped Up: Impact and Opportunity

Category: Press Releases

iBlockchain Summit 2018 Wrapped Up: Impact and Opportunity

iBlockchain Summit, which was held from May 18-19 in Great China International Square, was a huge success with over 3,000 visitors attending. The Summit attracted blockchain enthusiasts from home and abroad to exchange insights on the hottest trend ‘blockchain’ this year. What will happen when blockchain regulation, transparency, smart contracts, government cooperation, fintech and cryptocurrencies meet the new Chinese markets?…

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After Bitmain, Cryptocurrency Exchange Coincheck Announces U.S. Expansion Plans

Category: Business, Finance, News

After Bitmain, Cryptocurrency Exchange Coincheck Announces U.S. Expansion Plans

Coincheck is plotting a major comeback after its credibility and prospects were brought into question early in 2018. The Japanese cryptocurrency exchange has rebranded itself after a major security breach led to the loss of $500 million worth of NEM coins. In similar news, the world’s largest mining company Bitmain announced their colossal expansion plans into the US on May…

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Tax Evasion: Bitfinex Cryptocurrency Exchange Set to Give Out Customer Data to Government

Category: Altcoins, Bitcoin, Finance, News, Regulation

Tax Evasion: Bitfinex Cryptocurrency Exchange Set to Give Out Customer Data to Government

Its stale news that world governments are finding it a herculean task getting cryptocurrency investors to pay their taxes. In the latest development, the fourth largest crypto exchange in the world, Bitfinex, is now working hand-in-hand with the government of the British Virgin Islands in a bid to clamp down on bitcoin tax evaders. Bitfinex Tax Office In a notice…

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Russia’s Largest Bank Conducts $12 Billion Transaction Using Smart Contracts

Category: Blockchain, Business, Finance, News, Tech

Russia’s Largest Bank Conducts $12 Billion Transaction Using Smart Contracts

Shunning blockchain and smart-contracts for years, financial institutions are finally waking up to the potential that decentralized technologies hold, with a flurry of government and corporate companies making moves into the sector. Mammoth Transaction, Minimal Traction According to an official release on May 16, 2018, Russia’s largest bank, Sberbank, recently utilized a Hyperledger Fabric-based smart-contract system to issued rouble-backed bonds…

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How the eToro Trading Platform Helps Investors Make Better Investment Decisions

Category: Altcoins, Bitcoin, Business, Finance

How the eToro Trading Platform Helps Investors Make Better Investment Decisions

Online trading and brokerage company eToro provides a number of features for its customers aimed at helping users acclimate to the platform and then use its several tools to make money. The company began in 2007 as an online trading platform and is now offering services aimed at cryptocurrency investors and traders. Lena Birse, for instance, said that while she…

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Indian Software Exporter Infosys Develops Blockchain-Powered Trade Finance Network

Category: Blockchain, Business, Finance, News, Tech

Indian Software Exporter Infosys Develops Blockchain-Powered Trade Finance Network

India’s second-biggest software service exporter, Infosys Limited, has developed a custom blockchain-powered trade finance network in a bid to overcome fraud in the Indian banking industry. To start, seven private lenders will test the trade finance network to increase security and transparency in the finance sector. Blockchain to Combat Banking Frauds The seven Indian private lenders that have enlisted to…

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Bitcoin, Not Blockchain, is a Bubble Says Alibaba Founder

Category: Bitcoin, Commentary, News

Bitcoin, Not Blockchain, is a Bubble Says Alibaba Founder

Jack Ma, the billionaire founder of Alibaba, is the latest member of the “blockchain only” movement. Speaking during the Second World Intelligence Conference in Tianjin taking place on May 16-18, Ma said that bitcoin, not blockchain is a bubble. He also expressed his dissatisfaction with the level to which the technology is being implemented. According to him, the technology behind…

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