Monthly Archives: March 2020

Libertarian Presidential Candidate Proposes ‘AmeriCoin’ to Achieve American Dream

Libertarian Adam Kokesh has appointed Alastair Caithness to work on the development of the AmeriCoin cryptocurrency. Adam Kokesh, the first libertarian candidate of the 2020 U.S. presidential race, has appointed Alastair Caithness as his chief blockchain policy advisor. The purpose of this role will be to work on the development of a sovereign cryptocurrency, known as AmeriCoin. Going forward, Caithness will focus on the development of a cryptocurrency pegged to all the assets of the Federal government. These include the U.S. government’s substantial land, energy, gold, timber […]

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Brave Made the Biggest BAT Acquisition to Date

Brave made its biggest acquisition of Basic Attention Tokens to date. March 9, Brave purchased 534,441 Basic Attention Tokens (BAT). This came one day before Brave announced a partnership with TAP Network, which enables convertibility of BAT into “gift cards from hundreds of top national brands”.  Brave’s Purchases of BAT Brave shares 70% of all advertisement revenue with its users: “Reward comes in the form of Basic Attention Tokens, purchased with advertiser dollars (or other fiat currency, when the advertiser does not pay in BAT. These routine […]

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WHO Labels Coronavirus a Pandemic — Is Crypto Safe?

The World Health Organization has declared coronavirus a pandemic, but the crypto space may be a haven during the storm. The World Health Organization, or WHO, just officially classified coronavirus as a pandemic. At present, it is unclear whether Blockchain markets will be negatively impacted by this news, or provide safety from the storm. Officially known as COVID-19, the WHO said coronavirus has spread enough globally to warrant classification as a pandemic, CNBC reported on March 11. “In the past two weeks the number of cases outside […]

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Chinese Banks Use Blockchain Platform to Process Millions in Foreign Trade

Chinese banks have successfully used a trade finance blockchain platform to process over $56 million in international trade payments. Over 20 banks in Chongqing China have used a trade finance platform powered by blockchain to process over $56 million in foreign trade transactions. It has completed a total $460 million in export trade financing after a year-long pilot program, according to Chongqing Daily’s March 11 report.   The blockchain platform reportedly allows stakeholders to verify export receivables, tax documents and credit information automatically, which reduces labor-intensive processes and […]

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Alibaba Files for a Blockchain Transaction System in Brazil

Alibaba has registered a patent in Brazil that aims to establish a blockchain-based transaction system. Chinese e-commerce giant Alibaba has registered a blockchain-based system patent in Brazil under the category of “insurance,” “financial business” and “monetary business,” according to the March 10th edition of the Industrial Property Magazine (NPI). As reported by the NPI, the name of the mechanism is “Ant Unicorn.” Regarding the financial solution, the patent covers real estate services, credit card payment systems, invoice processing and the strengthening of security to process transactions. The report […]

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What Mainstream Financial Advisors Are Saying About Bitcoin

Amid global market instability, some financial advisors have reportedly mentioned Bitcoin to their clients. During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC).  Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial advisors have told them recently, given the current falling market.  Some Advisors say buy during market decline Amid coronavirus concerns and oil trade events, traditional markets have taken a hit over the […]

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Meet the Benevolent Mischief-Maker: A Q&A With Meltem Demirors of CoinShares

Here’s our one-on-one interview with the chief strategy officer of CoinShares. It seems Meltem Demirors does a little bit of everything. The crypto journeywoman has served as vice president of Digital Currency Group, a member of the World Economic Forum’s Blockchain Council, an advisor to MIT Media Lab, and a lecturer at the University of Oxford’s business school. She even co-hosts a well-subscribed podcast with her friend and fellow crypto hound Jill Carlson, though that project is on hiatus. These days Demirors mostly wears the hat of […]

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Russia Updates Its Laws for Cryptocurrencies

Russia’s relationship with blockchain and cryptocurrency wasn’t clear, but the country is making steps toward digital economic development. The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report says. Accordingly, Russia has been updating its bribery and Anti-Money Laundering laws regarding cryptocurrencies to aid its burgeoning digital economy. Related: Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default Cryptocurrency […]

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Berkeley Blockchain Xcelerator Reveals Projects for 2020 Cohort

A joint venture by organizations on the UC Berkeley campus has selected 17 startups for its third cohort. The Berkeley Blockchain Xcelerator announced the selection of 17 startups for its third cohort, scheduled to take place in the spring of 2020. The accelerator is a joint venture between organizations on the California-based UC Berkeley campus. The venture, made up of the Sutardja Center for Entrepreneurship & Technology, Berkeley Engineering, the Berkeley Haas School of Business, and Blockchain at Berkeley, announced the selections in an official statement on […]

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Bitcoin Clings to $7.8K but WHO Pandemic Declaration Sinks Markets

Bitcoin bulls defended the $7.8K support as traditional markets continued to retract due to COVID-19, will Bitcoin prove itself as a volatility hedge? As equities markets across the globe continue to post hefty losses, Bitcoin (BTC) traders fought to keep the digital asset above the $7,800 support. Less than an hour ago the Dow closed down more than 1,400 points and the S&P 500 posted a 4.89% loss as the World Health Organization officially announced that the Coronavirus is now classified as a pandemic. The WHO announcement […]

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