Tag: Altcoin

  • Austrian Regulator Freezes Crypto Mining Firm Amid Investigation

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    Austria’s Financial Market Authority has barred a cryptocurrency mining firm from operating, alleging that the company violated the nation’s banking laws. The regulator announced Tuesday that it had “prohibited the business model of INVIA GmbH,” a mining firm, claiming that it was offering an unauthorized Alternative Investment Fund in violation of the Austria Banking Act. […]

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  • Chinese Ride Hailing Giant Didi Chuxing to Launch a Blockchain Uber

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    Weixing Chen, co-founder of the Didi Chuxing ride-hailing company, one of the largest technology startups in the global market, is partnering with Yang Jun, co-founder of Meituan, a Chinese on-demand local services firm, to offer a ride-hailing app supported by blockchain technology. Didi Chuxing is valued at close to $60 billion, and is seeking an IPO at […]

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  • World’s Largest Diamond Retailer Joins De Beers Blockchain Project

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    Signet Jewelers, the world’s largest retailer of diamond jewelry, has joined Tracr, the diamond blockchain program being developed by South African gem juggernaut De Beers Group. Signet is part of a growing chorus of industry giants that are part of the Tracr pilot program, which will track each diamond that gets mined on a shared […]

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  • Blockchain News Today: Serious Incentives for Blockchain Initiatives in China

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    The Blockchain Industry Center in Hangzhou, east of China, announced that millions of dollars worth of support will be given to businesses that want to do business on this area. The new policy requires the center to be structured like the Silicon Valley; even if it is stated that it offers serious money support and […]

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  • Chinese Government Orders Faster Blockchain Development, Urgently Seeking Results

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    The State Council of China ordered local financial authorities and government-funded research centers to focus on the development of blockchain technology and accelerate the commercialization of the blockchain. The official statement of the State Council of China released on May 24 read: “To build a regional equity market in Guangdong, according to the opening up of […]

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  • Bitcoin Wallet Xapo Implements Scaling Solution SegWit

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    Ted Rogers, the president at Xapo, a widely utilized cryptocurrency wallet and vault, has revealed that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core development team. SegWit Adoption and Importance of Xapo Earlier this month, Tom Metcalf at Bloomberg reported that Xapo’s cold wallet stored in its underground bunkers in […]

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  • The Record-Breaking $152 Million Battle Over Blockchain Betting Tool Augur

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    Three years ago, Augur, a prediction market system that runs on the ethereum blockchain, held one of the first initial coin offerings (ICOs), long before the funding mechanism gained mainstream momentum. Between August 7 and September 5, 2015, the project issued 8.8 million reputation (REP) tokens from a maximum circulating supply of 11 million tokens, […]

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  • Interactive Digital Signage 101

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    By Alex Mardikian The future of outdoor advertising lies with interactive digital signage. DOOH is present all over the globe and is fast becoming the preferred choice for marketers in cities and metros everywhere. It is easy to set up once the hardware and software have been tested for durability and performance in a given […]

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  • Manufacturing and Blockchain: Prime Time Is Yet to Come

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    By Alex Mardikian Since the Industrial Revolution in the 18th and 19th centuries, manufacturing has exponentially increased in volume and demand; supply chains have grown ever more complex, and industry has progressively required less direct manual labor. To add even more complexity, we now have a need not only for supply chain management (SCM) but also for […]

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  • MIT Tests Smart Contract-Powered Bitcoin Lightning Network

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    An MIT test is providing a rare glimpse of how bitcoin might truly work at scale. Revealed to CoinDesk last week, the prestigious U.S. university has been quietly demoing an experimental use case for bitcoin’s lightning network, one that showcases how it might be combined with smart contracts to not only handle millions of transactions, but […]

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