Monthly Archives: May 2018

Bermuda Signs MOU with Blockchain Project Shyft for $10 Mln in Economic Development

Bermuda signs memorandum of understanding with Shyft blockchain network that provides compliance and identity checks. The Government of Bermuda has recently signed a memorandum of understanding (MOU) with Shyft network which provides blockchain-based ID solutions for Know-Your-Customer (KYC) and anti-money laundering (AML) compliant data transfers, Shyft reported in a blog post May 15. NEWS: Shyft Signs MOU With The Government Of Bermuda, Pledges To Invest $10M In Education And Economic Development https://t.co/0YpifGCFpc #consensus #blockchain #bitcoin Great day for our team, @josephweinberg @BermudaPremier, and @trunomi team ⚡ pic.twitter.com/35fUHcJS6I […]

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Investment Platform Etoro Launches in the US with 10 Cryptocurrencies

Social trading platform Etoro is expanding into the US. Pre-registration has already begun. Initially, 10 cryptocurrencies will be offered, but the company plans to add more throughout the year. The company’s crypto business has boomed in recent years, with 70% of its users reportedly trading cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Etoro Launching in the US Social investment platform Etoro has announced that it is expanding into the US market. CEO Yoni Assia unveiled the company’s plans at the Consensus conference on Tuesday. According […]

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Blockstack Announces “Ecosystem-Wide, Universal” Dapp Store

Blockstack Public Benefit Corporation (Blockstack PBC) has released the first “ecosystem-wide, universal” Dapp Store with over 150 Dapps on launch. With the growth in number of blockchain-based decentralized apps (Dapps) that are running on various networks and protocols, it is becoming increasingly difficult for users to locate and make use of these Dapps. According to the announcement, the Blockstack Dapp Store is “a discovery tool for decentralized apps built on Blockstack, Ethereum, EOS, IPFS, Steem, and more … serving as an aggregator of usable Dapps for gaming, […]

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SEC Launches Mock ICO to Show Investors Warning Signs of Fraud

The SEC Office of Investor Education and Advocacy launched a fake ICO website to illustrate common warning signs of a scam. Office of Investor Education and Advocacy at the US Securities and Exchange Commission (SEC) has launched a fake initial coin offering (ICO) website,  according to a press release May 16. The goal of the site is to increase awareness of the typical warning signs of scam ICOs and to promote investor education. SEC Investor Ed office launches mock ICO website: https://t.co/ZP9hyrfCsP #howeycoins #ICO — SEC_News (@SEC_News) […]

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Bitcoin Price Declines To Nearly $8k Amidst Bing Crypto Ad Ban

Crypto markets see a sharp decline over 24 hours, almost all of top 100 altcoins on Coinmarketcap are in the red. May 16: Crypto markets have seen a sharp decline over the past 24 hours with almost all of top 100 coins listed on Coinmarketcap (CMC) in the red. Market visualization from Coin360 After losing the $9,000 support on May 11, Bitcoin (BTC) continued its fall, now approaching the $8,000 level. Having lost almost 3 percent of its value in 24 hours to press time, the original […]

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32MB Blocks Means Bitcoin Cash is Prepared for Mass Adoption

On May 15, 2018, the Bitcoin Cash (BCH) network upgraded the chain’s base block size from 8MB to 32MB. The software advancement makes blocks big enough to process lots of transactions over time — which gives developers plenty of breathing room to adjust the size if it starts getting closer to its limit. Unfortunately, many misdirected individuals assume the BCH chain will start processing 32MB blocks right away, which could lead to a blockchain chain that’s much larger in gigabyte size and takes longer to download. However, this is […]

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Blockchain.com Hires Author of First Cambridge Crypto Course to Head New Research Team

Garrick Hileman, the University of Cambridge’s first ‘cryptocurrency academic,’ has joined Blockchain as head of research. Cryptocurrency data resource and wallet provider Blockchain.com announced it had hired a Cambridge academic as its new head of research May 16. In a blog post, Blockchain.com revealed that Garrick Hileman, author of multiple cryptocurrency research publications, would “lead a new research arm aimed elevating block chain (sic) technology to its full potential.” The move marks the second high-profile hire for the company in weeks, April seeing ex-Goldman Sachs executive Breanne […]

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“Stablecoin” Trueusd Pumps After Binance Listing

It’s customary for cryptocurrencies to pump after securing a Binance listing. Every week a handful of tokens enjoy the “Binance bounce”, gaining as much as 50% in a matter of hours. Trueusd (TUSD) was meant to be different though. It’s a stablecoin whose job is to stay as close to the US dollar as possible. And yet, when Binance announced that it was adding TUSD, the unthinkable happened. Also read: Circle Raises $110Mn With Plans to Launch USD-Backed Coin How Trueusd Became a False Stablecoin Stablecoins are a […]

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HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus

With HTC entering the race, a second cryptocurrency supporting smartphone created by a major electronics manufacturer is now on its way to the market. Could this be the start of a trend by all device makers to embed features such as hardware wallets into phones to help increase sales among more tech savvy consumers?   Also Read: Samourai Wallet Creates App for Transactions Over Mesh Networks Exodus From Fiat to Crypto Taiwanese consumer electronics manufacturer High Tech Computer Corporation or HTC (TWSE: 2498), will release its own […]

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Russia’s Digital Economy Bill Supported by State Duma Committee in Move Towards Crypto Regulation

The State Duma’s Committee for Legislative Work will support a digital economy initiative that will “minimize” the risks of citizens using digital assets. Russian State Duma’s Committee for Legislative Work will support the first reading of an initiative that will add the basic norms of digital economy to the Russian Federation Civil Code.  This is the latest step on the road to regulating cryptocurrency in the country, local news outlet Izvestia reports Wednesday, May 16. Pavel Krasheninnikov of political party United Russia and head of the Legislative […]

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