Author Archives: creative

Bitcoin Mining: Questions On Whether It Is Still Worth All The Cost?

Bitcoin Mining Background As we all know, Bitcoin is the reward for miners for verifying their previous transactions. In order for this transaction to happen, Bitcoin mining needs to take place. This is achieved through a computer and a special piece of software. Both of which require an extensive amount of power when you consider the tough mathematical problems, which need to be deciphered in order to mine. At the very outset of Bitcoin mining, miners were cryptography lovers and experts. However, as Cryptocurrencies have become more […]

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Cryptocurrencies: Purchases in a Real Stock Exchange

Polymath Has Plans Polymath has been hard at work this week. Midweek, the company purchased domain name tokens.com. This is one of quite a few purchases over the last few days. The company finance team has certainly been busy that is for sure. What has been happening recently certainly mirrors the firm’s aim in taking over tokenized securities and their issuance. However, this is not the only target area for Polymath who is also in the midst of negotiations with the Barbados Stock Exchange in order to […]

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Why JP Morgan’s Blockchain Patent Application Is Not That Surprising

JP Morgan’s filing for a patent based on DLT does not mean they are now Bitcoin supporters. JP Morgan once again caused a bit of an upheaval within cryptocurrency circles last week – this time with the publication of their peer-to-peer (P2P) payments network patent application based on distributed ledger technology, like blockchain. Some crypto enthusiasts branded the move as “hypocrisy to the extreme.” The criticism is not unfounded but perhaps not accurate. The bank, and to a greater extent, their outspoken CEO, Jamie Dimon, has been […]

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Switzerland Formally Considers State Backed Cryptocurrency

Reuters reported Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study on the pros and cons of a Swiss “e-franc.” Also read: Alec Baldwin’s Lambo Movie Backed by Crypto Tech Switzerland Considers State Backed E-Franc Switzerland’s Federal Council explained why it was asking for a formal study of state backed cryptocurrency. “The Federal Council is aware of the major challenges, both legal and monetary, which would be accompanied by the use of an e-franc. It asks that the […]

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Blockstack Launches Decentralized Applications Store

The project that’s building a network for decentralized applications layer for the internet, Blockstack, has announced the launch of a new universal Dapp (decentralized application) store called App.co. The aggregated list of roughly 138 ecosystem-wide applications that offer utility by harnessing the benefits of decentralized technologies like blockchain, cryptocurrencies, IPFS, Zeronet, and more. Also read: EU Adopts Rules to Reduce Anonymity for Crypto Users App.co: An Aggregated List of Decentralized Applications One thing is for sure the internet is heading more and more towards a decentralized path […]

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South Korea to Follow G20 Unified Cryptocurrency Regulations

The South Korean government reportedly plans to soften its crypto regulations in line with the policies set by the G20 nations in an effort to create “unified regulations.” The Korean regulators have also agreed to apply the standards set by the Financial Action Task Force to its crypto policies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s Unified Crypto Regulations South Korea is reportedly planning to follow the policies set by the G-20 nations and soften its crypto regulations, the Korea Times reported. The G20 […]

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Swiss Government Requests Study on State-Backed Digital Currency

The Swiss Federal Council has called for a study to examine the associated risks and opportunities of a government-issued cryptocurrency, the e-franc. The Federal Council of the Government of Switzerland has requested a report on the risks and opportunities of introducing its own state-backed digital currency, or so called “e-franc”, Reuters reported May 17. The Federal Council moved to investigate the subject at the prompt of Swiss lawmaker and vice-president of the Social Democratic Party, Cedric Wermuth. Now, the lower house of the Swiss parliament has to […]

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Tel Aviv Stock Exchange Develops ‘First Of A Kind’ Blockchain Lending Platform

The Tel Aviv Stock Exchange has developed a blockchain platform for securities lending in partnership with Intel, Accenture, and fintech firm The Floor. The Tel Aviv Stock Exchange (TASE) has developed a “first of a kind” blockchain-based securities lending platform, according to a press release May 16. The new platform was completed in partnership with Israeli fintech firm The Floor, global professional services company Accenture, and Intel. The exchange will reportedly create one central platform called Blockchain Securities Lending (BSL), which aims to revolutionize the securities lending […]

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Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”

Russia’s Prime Minister Dmitry Medvedev has shed some light on the progress authorities are making towards adopting the long-awaited crypto regulations. Legislators will replace common words like “cryptocurrencies” and “tokens” with legal terms such as “digital money” and “digital rights”, he revealed. Two draft laws have been filed in the Duma. One of the bills is scheduled for first reading next week. Also read: EU Adopts Rules to Reduce Anonymity for Crypto Users Replacing “Slang” with “Strict Legal Concepts” The work on the Russian crypto regulations has […]

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THE TIDE IS CHANGING!

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