Monthly Archives: November 2018

Bitfury Partners With Russian Economics University to Establish Blockchain Accelerator

Mining and blockchain firm Bitfury has partnered with Russia’s oldest economics university to develop a blockchain course aimed at preparing specialists for the field. Multisectoral blockchain company Bitfury has partnered with the Plekhanov Russian University of Economics to create an accelerator for blockchain projects, Russian crypto news outlet Forklog reports Nov. 21. In addition to supporting the development of blockchain projects, the university will provide courses and additional education dedicated to “training specialists who are able to create innovative projects using digital technologies in a short time.” […]

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Op-Ed: To Achieve Mass Adoption We Must Fight for ‘Blockchain Inclusion’

The following piece on blockchain inclusion was written by Alexander Vasylchenko. He is the CEO and founder of Sofitto and the creator of Sugi-Card, which is a cold-storage cryptocurrency wallet. Alexander is also the former CTO of Mycelium, one of the first secure mobile Bitcoin wallets, created in 2013. Cryptocurrencies have only been around for a decade, but their impact on global and local economies is palpable. Last month, a pilot project launched in Uganda provided 1,000 farmers with cryptocurrency loans. In a country where almost half the […]

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Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, Dash: Price Analysis, Nov. 23

While a price crash can indicate decaying asset class fundamentals, markets often get the fundamentals of new technology wrong. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Does a crash in prices indicate the decaying fundamentals of an asset class? In many instances it does, but the market usually […]

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‘Asia’s Got Talent’ for Crypto Startups: BlockShow Opens Pitch Competition in Singapore

BlockShow Asia 2018 launches pitch show for blockchain startups at Blockchain Week, taking place in Singapore. BlockShow is preparing a live-streamed business pitch competition for startups, called EXP20, which will take place on Nov. 29, 2018. The event is a new segment of their Asia Blockchain Week programme, that will be hosted in Singapore from Nov. 27 until Dec. 1, 2018. Dubbed “the largest blockchain technology roadshow” by Venturebeat, Asia Blockchain Week addresses the rise of the Asian economy and the region’s growing interest in blockchain technology. […]

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Indian State Working to Help Cryptocurrency Businesses Grow

An Indian minister has reportedly revealed that a state government is working to protect businesses operating without a regulatory framework in India. They include cryptocurrency exchanges and crypto-accepting merchants. The move follows the arrests of the founders of a crypto exchange after they tried to set up an ATM-like kiosk at a local mall. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Innovation Authority India’s Social Welfare Minister Priyank Kharge has reportedly revealed that the Karnataka state government “is working on setting up an Innovation Authority” […]

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Bitcoin Hits Another Low, Bitcoin Cash Is Down Almost 50% on the Week

Bitcoin dropped to as low as $4,195 earlier today, Bitcoin Cash is down almost 50 percent over the past 7 days. Friday, Nov. 23: Crypto markets are facing another significant decline today, with Bitcoin (BTC) seeing another yearly low, and Bitcoin Cash (BCH) dropping almost 50 percent over the past 7 days, according to data from CoinMarketCap. The major 20 cryptocurrencies by market cap are all red this Black Friday, with some altcoins losing more than 10 percent over the past 24 hours at press time. Market […]

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Major South Korean Satellite Operator KT SAT to Focus on Blockchain, Other New Tech

KT SAT, South Korea’s sole satellite communication operator, is exploring blockchain benefits for the satellite industry. The satellite operator owned by South Korea’s largest telecommunications company KT Corporation is exploring blockchain, local newspaper EDaily reports Friday, Nov. 23. KT SAT, which is reportedly Korea’s sole satellite communication operator with 50 years of satellite expertise, has set up a working group to address the use of major emerging technologies, including blockchain, in order to expand the existing limits of the satellite industry. Announced yesterday, Nov. 22, at the […]

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Singapore Grants RMO License for CapBridge to Operate New Security Exchange

Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018. The exchange is designed to organize liquidity for private companies prior to exit events like an M&A (merger and acquisition) or an IPO (initial public offering). In an interview with Bitcoin Magazine, CEO and founder of CapBridge Johnson Chen said that the process of obtaining the license took nearly two years. […]

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Overstock CEO Reveals Estimated Date for Selling Retail Business to Focus on Blockchain

Founder and CEO of U.S. retail giant Overstock reveals estimated date for selling his retail business to invest more in blockchain projects. Patrick Byrne, founder and CEO of U.S. retail giant Overstock, is planning to sell the retail arm of his company to focus on blockchain by early next year, The Wall Street Journal (WSJ) reports Nov. 23. Byrne, known in the blockchain industry for his commitment to the technology, did not disclose the details of the agreement, nor did he name potential buyers; he did however […]

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German Federal Economic Ministry Wants to Combat Tax Fraud with Blockchain

The German Federal Ministry for Economic Affairs and Energy is considering blockchain use in combating tax evasion schemes. The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using blockchain, German business news outlet WirtschaftsWoche reported Nov. 22. Following the major European tax fraud scheme CumEx-Files, the BMWi has suggested that distributed ledger technology (DLT) is capable of making the tax system more efficient in terms of fraud prevention. Discovered in 2017, the CumEx-Files was a tax fraud scheme […]

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