Monthly Archives: July 2019

Blockchain Project Aims to Apportion and Tokenize the Moon

A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface. A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface.  Dubbed Diana — after the Roman goddess of the hunt and the moon — the project launched on July 19, just one day before the 50th anniversary of the Apollo moon landing. The goal of this project is purportedly to “secure the possible right of man to the Moon […]

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Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners

The Iranian Economic Commission has reportedly finalized a power pricing scheme for cryptocurrency miners. The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune.  Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, it is awaiting approval from the Cabinet of Iran — a governmental body consisting of various ministers and other officials chosen by the president.  While Ha’eri did not elaborate on the exact […]

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Number of Crypto Notables on Buffett Lunch Guest List Grows

Tron founder Justin Sun has invited more notable figures from the crypto space to a lunch with Warren Buffett. Justin Sun, the founder of Tron and winner of the annual auction for a lunch with renowned investor Warren Buffett, has invited more notable figures from the crypto industry to attend.  Earlier today, July 21, Sun invited the founder and CEO of trading platform eToro, Yoni Assia, to the lunch with the chairman and CEO of Berkshire Hathaway via tweet. Assia quickly responded saying, “Justin, it is my […]

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European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied

Benoit Coeure of the European Central Bank said that Libra cannot launch until regulators are satisfied it is safe. Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied.  Speaking to Reuters at the G7 summit in Chantilly, France on July 18, Coeure said that the proposed stablecoin must be guaranteed to be safe for users before it can launch: “You’ve got to be safe, robust and resilient from day one. It’s not a […]

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Hodler’s Digest, July 15–21: Libra Special! Top Stories, Price Movements, Quotes and FUDs of the Week

U.S. politicians tell a Facebook exec that Libra endangers Americans more than 9/11, BitMEX lands in hot water and Vitalik Buterin reveals his big idea for Ethereum. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Libra hearings: Hostility and criticism as Congress grills Facebook executive A godsend to drug […]

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Bank of America Files Patent for Settlement System Citing Ripple

Bank of America has filed a patent application for a settlement system citing the Ripple ledger. Bank of America has filed for a patent for a settlement system citing the Ripple ledger, according to a filing on Google Patents. The patent in question — the application of which was published on June 6 — describes a system using distributed ledger technology (DLT) as an interbank communication tool. The proposed system would enable real-time settlement with transactions being communicated through a shared, decentralized ledger to which both the […]

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Iran Has Not Issued Any Licenses for Importing Crypto Mining Equipment

Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government. Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government. Deputy President of the Islamic Republic of Iran Customs Administration (IRICA) Jamal Arounaghi said that the agency has not issued any licenses for importing cryptocurrency mining devices into the country, multilingual Tehran-based news outlet Mehr News Agency […]

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Crypto Banking Firm FairX Shuts Down Due to Lack of Financing

FairX, a financial services company involved with banking and digital assets, has shut down its operations as it failed to establish a licensed national bank. FairX, a financial services company involved with banking and digital assets, has shut down its operations as it failed to establish a licensed national bank. According to a FairX Twitter thread on July 19, the company has fallen short of setting up a licensed national bank due to a lack of funding. FairX was trying to raise funds for the planned bank […]

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Samourai Wallet: Wasabi’s CoinJoin Management Lacks Privacy

Samourai Wallet raised concerns over the alleged lack of privacy ensured by the CoinJoin implementation of competing wallet Wasabi. The official Samourai Wallet Telegram account raised concerns over the alleged lack of privacy ensured by the CoinJoin implementation of competing wallet Wasabi on July 18.  According to Samourai Wallet, Wasabi wallet CoinJoin transactions are often not as private as they are purported to be. The company pointed out: “With Wasabi if you are mixing 10 BTC [Bitcoin], I can trivially track that 10 BTC as it is […]

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Deutsche Bank Collapse Could Crash Global Financial Markets

German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of the too-big-to-fail banking system falters, it could trigger another global financial crisis. Also Read: Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin Deutsche Bank Struggles to Survive Deutsche Bank AG, the […]

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