Monthly Archives: May 2018

Ex-Goldman Sachs President Says Global Cryptocurrency Will Come, But It’s Not Bitcoin

There will be a cryptocurrency of the future and it will not be Bitcoin, says ex-Goldman Sachs president, ex-member of Trump administration. Gary Cohn, former Goldman Sachs President as well as former chief economic advisor to US President Donald Trump, believes that there will a global cryptocurrency in the future, but it will be a coin “more easily understood” than Bitcoin (BTC), CNBC reports May 8. Cohn told CNBC that he thinks there will be a “global cryptocurrency at some point where the world understands it and […]

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Why We Shouldn’t Listen To Warren Buffet: Expert Take

Now Wall Street is better not to listen, if they do not want to become history. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to george@cointelegraph.com. The views and opinions expressed here are solely those […]

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Banks and Blockchain: Wait-and-See Approach or FOMO?

Different major banking institutions are looking at blockchain technology. One of the first major waves of Bitcoin and cryptocurrency adoption was when Wall Street players began looking into Bitcoin as a speculative asset with the promise of massive gains. It split the community as some embraced it, while others shunned it. Now however, banking and cryptocurrencies, especially the blockchain aspect of the digital currency, has attracted newcomers. Banks such as Goldman Sachs have gone from ignoring the technology to hiring a crypto trader as head of digital […]

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Bitmain’s Antminer Z9 Mini Designed to Mine Zcash, Threatens ASIC Resistance

Mining hardware manufacturer Bitmain has announced the release of its new Antminer Z9 mini, an ASIC (application-specific integrated circuit) miner capable of mining any cryptocurrency running the Equihash proof-of-work (PoW) algorithm. This includes, most notably, Zcash. The company made the announcement via its Twitter page: “Pleased to announce the Antminer Z9 mini, an ASIC miner to mine #Equihash-based cryptocurrencies. To prevent hoarding and to let more individuals worldwide get one, we’ve set a limit of one miner per user. Order … now while stock lasts!” Zcash (ZEC) […]

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Colorado Passes Bill Advocating Blockchain For Gov’t Data Protection And Cyber Security

The Colorado Senate has passed a bill advocating blockchain use to secure state records and fight cyber security attacks against state government. The Colorado Senate passed a bill on May 7 that involves using blockchain tech for government record keeping and cyber security. Senate Bill (SB) 18-086 requires the governor’s office of information technology (OIT), the department of state, and the department of regulatory agencies to consider using encryption techniques and blockchain tech in order to protect confidential state records from criminal, unauthorized, or inadvertent manipulation or […]

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NYT Report: Parent Company to NYSE Is Planning a Bitcoin Exchange

Intercontinental Exchange, also known as ICE, the parent company of the New York Stock Exchange (NYSE), wants to establish its own cryptocurrency exchange. The New York Times (NYT) first reported on the developments on May 7, 2018, after four individuals divulged the plans and related emails to the newspaper. While sparse in exact details, the report reveals that the exchange, which would be built for “large investors” in mind, would permit direct bitcoin trading, not futures contracts as we’ve seen with the CBOE and CME. According to […]

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Distributed Event Series and the Let’s Talk Bitcoin Network Present:

In partnership with the Distributed Event Series and the Let’s Talk Bitcoin Network, “Distributed Dialogues” gives listeners a detailed look into the cryptocurrency and enterprise blockchain ecosystem by giving voice to the people, ideas and projects that make it possible.  Jennifer O’Rourke on the Illinois Blockchain Initiative and the “correct” digital identity solution. This first episode of “Distributed Dialogues” features an interview with Jennifer O’Rourke, former business liaison with the Illinois Blockchain Initiative. The Initiative took a three-pronged strategy to quickly gain knowledge, facilitate development of the technology ecosystem and actively experiment […]

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Blockchain Is ‘World-Changing’, Says U.S. Congressman During Supply Chain Hearing

Subcommittees of the U.S. House of Representatives discussed various productive uses of blockchain in supply chain management during a hearing today. Two United States House Subcommittees held a hearing today, May 8, on how blockchain tech can be used in supply chain management. The hearing concluded that the technology has a wide variety of applications, despite its current lack of industry-wide standards. The Subcommittee on Oversight and the Subcommittee on Research and Technology discussed blockchain applications with four witnesses from both the public and private sector today. […]

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PR: ASKfm to Tokenize Social Interactions. 215 Million Users Involved

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Rumor confirmed Leaks have appeared all over the web for the past month or so, but it’s official now. ASKfm announced its blockchain-based upgrade ASKfm 2.0 claiming to monetize knowledge in all of its forms. No wonder such a move form a […]

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BMW Pilots ‘Gamified’ Crypto Reward System To Incentivize Drivers To Track Mileage

BMW and crypto startup DOVU have piloted a tokenized rewards system that would encourage drivers to track mileage on their vehicles. BMW has completed a pilot together with crypto startup DOVU, an official blog post from DOVU outlined today, May 8. The pilot introduces a tokenized rewards system using DOVU’s ERC-20 token, DOV, that encourages drivers to track mileage on their leased vehicles. In their blog post, DOVU points out that preserving the residual market values of leased vehicles is “literally where [BMW] makes its money,” and […]

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