Monthly Archives: August 2018

Capital One Applies for Blockchain-Based Collaborative Authentication System Patent

Bank holding Capital One has applied for a patent for the development of a blockchain-powered user authentication system. American bank holding corporation Capital One has filed a patent application for the implementation of blockchain technology in user authentication, according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 16. According to the document, the inquiry is a continuation of a patent application submitted by Capital One to the USPTO in June 2017. The proposed system is designed to receive, store, record, and retrieve […]

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Developing an ICO Project in Russia Can Cost as Little as $1,500

The average cost to develop an ICO project in Russia is hovering around $18,000 USD but the price can go down to as little as $1,500, according to a study that explores the market for such services. The hourly rate for a blockchain developer is averaging a little over $44, the authors found after surveying 60 companies.   Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Elaborate Projects Can Reach $50,000 USD If you’ve ever wondered how much it would cost to create […]

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Coinbase Seeks Patent for Security-Enhanced Bitcoin Payment System

U.S.-based digital currency exchange Coinbase has filed a patent on a new Bitcoin payment system designed to make cryptocurrency payments safer. The new platform will provide an added layer of security for users’ keys and allow them to make Bitcoin payments directly from their digital wallets. A segment of the patent filing states, “It may be a security concern for users that the private keys of their Bitcoin addresses may be stolen from their wallets. Existing systems do not provide a solution for maintaining security over private […]

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All Top 10 Cryptocurrencies in Green, Bitcoin Breaks $6,500

All top 10 coins by market cap are in the green today, XRP is up almost 18% after the announcement of a partnership with 3 exchanges. Friday, Aug. 17: all top ten cryptocurrencies by market cap have seen green today, with Ripple (XRP) and EOS up over 15 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps gaining momentum, seeing a steady growth today with its price hovering around $6,500 point. The top cryptocurrency is trading at $6,495 at press […]

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Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts

In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions. He subsequently filed a complaint with Kifid (Financial Services Complaints Institute), a resource that mediates between consumers and small businesses when there are complaints about financial products or services. According to the complaint, the banks claimed the man’s transactions were denied due to fraud prevention measures. It argued, however, that fraud prevention isn’t the reason why ING […]

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Blockchain Used to Trace Deadly Chemical Linked to $289 Mln Monsanto Cancer Lawsuit

Food safety firm ZEGO is using blockchain to test products for residue of a deadly chemical tied to the recent $289 million Monsanto lawsuit. Food safety firm ZEGO is using blockchain to test products for residue of a deadly chemical tied to a recent $289 million Monsanto lawsuit, according to a press release published August 16. Earlier this month, Monsanto was fined $289 million in damages after a court ruled in favor of a plaintiff’s claims that the company’s use of a herbicide containing glyphosate had caused […]

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Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

Kryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly received a bomb threat amid intensifying complaints of noise pollution. Kryptovault currently operates facilities in the Norwegian cities of Follum, Honefuss, and Dale. The threat received stated: “This is sabotage. If you […]

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[promoted] Equity Trust Forges a New Path for Crypto-Based IRA Investments

Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings. One company with a strong foothold in this investment space is Equity Trust, a financial services company that allows individual investors to diversify their retirement investment portfolios through asset class options like private equity, precious metals, tax liens and real estate […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, ETC: Price Analysis, August 17

Cryptocurrencies are pulling back, but is this really a cue to start buying? Let’s check the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The cryptocurrency market capitalization has risen above the $215 billion mark once again. A resilient Bitcoin was the main reason for the pullback. […]

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Russian Independent Electoral Watchdog to Pilot Blockchain for Voting System

A Russian independent electoral watchdog is reportedly trialing a blockchain-based electronic voting system. A Russian independent electoral watchdog is trialing a blockchain-based electronic voting system, local news platform Tass reports August 17. The non-profit Association of Independent Public Observers, dubbed “National Public Monitoring” (NOM), announced the pilot at a press conference in Moscow on Friday. NOM federal coordinator Roman Kolomystev, told reporters: “As part of our congress, we are launching a pilot electronic voting system built on a blockchain system.” The inaugural Russian Congress of Public Observers […]

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