Monthly Archives: June 2018

Spanish Ruling Party Proposes to Use Blockchain in Country’s Administration

A group of 133 deputies from Partido Popular have proposed to use blockchain in the country’s public administration. 133 deputies from the Spanish ruling party, Partido Popular, have proposed a bill to use blockchain in the public administration of Spain, CriptoNoticias reports Saturday, June 30. The bill was introduced to the Spanish Congress on June 22 and published on the official website of the legislative branch on June 26. It hasn’t been reviewed by other deputies yet. The Congress website has not provided any further information on […]

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Expedia Drops Bitcoin Payments, Official Confirms

Travel booking platform Expedia has stopped accepting bitcoin (BTC). A company representative confirmed the policy change, while stating that various payment options are being continuously evaluated without elaborating on the details. Expedia has been supporting bitcoin payments since 2014.  Also read: Russian Railways Eyes Crypto for Tickets, Blockchain for Cargo Expedia Confirms Suspension of BTC Payment Option Expedia.com, one of the world’s largest travel sites offering booking services for flights, hotels, and car rentals, is currently not accepting bitcoin (BTC). This week, the news was shared on […]

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Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation

Over the past few weeks, the cryptocurrency Bitcoin Cash (BCH) has seen a lot of new infrastructure support, applications, and protocol innovation. While everyone has been watching the bearish markets across the digital currency economy, in general, there’s a lot of action happening within the BCH ecosystem that supersedes its current price speculation. Also read: Crypto Business Is Now Legal in Belarus The BCH Train Continues to Truck Along BCH proponents have been able to continue the focus towards spreading adoption and lately there’s been a lot of […]

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Recently Found Double Spending Vulnerability Is Not Tether’s Own, SlowMist Confirms

SlowMist has confirmed that Tether’s double-spending vulnerability was not caused by its blockchain, but rather by some crypto exchanges’ poor practices. China-based cybersecurity firm SlowMist has confirmed that a recent double-spending vulnerability it found in Tether (USDT) is not inherent to the cryptocurrency itself. Instead, it is enabled by some crypto exchanges’ databases not strictly verifying the status of the “valid” parameter of incoming USDT transactions. SlowMist explained this in a comment to its own Tweet June 28. On June 28, SlowMist detected a vulnerability that allowed […]

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Volume Rankings Report for June 2018: Trading Activity Drops Across Crypto Markets

Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day Trade Volume Declines Across Crypto Markets BTC has maintained its significant lead as the most traded cryptocurrency, with BTC pairings producing roughly $125.6 billion USD worth of trade over the course of the last 30 days. […]

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Arbitration on a Governed Blockchain: EOS’ Crisis of Dispute Resolution

As EOS finds itself in trouble again, big changes in platform governance might be on the way. Another week, another squabble involving the beleaguered EOS blockchain. The platform that has recently sustained a round of criticism for its lack of decentralization and its underwhelming technical robustness is now going through a governance crisis. The problem partly stems, quite ironically, from the lack of the system’s mediating capacity and centralized enforcement over the pool of Block Producers – twenty-one entities elected by token holders and responsible for validating […]

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Blockchain’s Impact on Food and Farming, Explained

Blockchain could make it easier to discover the journey that agricultural products take, reduce the frequency and severity of food safety scares, and transform the industry. Is it possible to track where food comes from? Several companies have launched services allowing shoppers to see a product’s journey from farm to fork, but they often depend on retailers agreeing to be transparent. When you pop into a store to buy fresh fruit, vegetables or meat, it’s common for the packaging to reveal which country it is from. Some […]

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Wendy McElroy: Crypto and the Structure of Class Warfare

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 2 Crypto, and the Structure of Class Warfare The wall separating state and society is crumbling. Or, rather, the state is taking a jackhammer to it in an aggressive attempt to control every aspect of productive and cooperative life…The people you deal with on a daily basis are ceasing to be good neighbors, honest merchants, and disinterested strangers. They are becoming state informants who monitor your expression, your money, your behavior […]

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Crypto Markets Rebound Significantly After a Week of Losses

Crypto markets see substantial growth after Bitcoin suffered two dips below $6,000 this week. Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with Cardano (ADA) being the biggest winner – up 18.6 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin is up around 8 percent over the 24 hour period, trading at $6,391 at press time. Bitcoin price chart. Source: Cointelegraph Bitcoin […]

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Media: Payments Provider Qiwi Launches Russia’s ‘First’ Crypto Investment Bank

Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports. Qiwi Blockchain Teсhnologies (QBT) has launched a crypto investment dubbed “HASH,” local news outlet Kommersant reports June 29. QBT is a subsidiary of Russia’s leading payment service provider Qiwi. HASH, built on a “classic investment banking model” according to Kommersant, will provide a platform for initial coins offerings (ICO). Yakov Barinsky, QBT’s Chief Financial Officer (CFO), explained that HASH would “assist companies to […]

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