Tag: Crypto
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Birthday blues for bitcoin as investors face year-on-year loss
byBitcoin was heading toward a year-on-year loss on Wednesday, its 10th birthday, the first loss since last year’s bull market, when the original and biggest digital coin muscled its way to worldwide attention with months of frenzied buying. By 1300 GMT, bitcoin BTC=BTSP was trading at $6,263 on the BitStamp exchange, leaving investors who had bought it […]
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Brazilian Bitcoin Exchange Wins Standoff as Bank Reopens Account to Avoid Fines
byBanco do Brasil reportedly even held $32,300 of the exchange’s funds in limbo. A lawsuit against it was filed on Sept. 12. Initially, an injunction was denied, but judge Fátima Rafael, from the Federal District Court, later gave the financial institution a 24-hour period to reopen Bitcoin Max’s accounts or face a fine of about […]
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Did a Canadian Crypto Exchange Steal All Its User Funds?
byBy Laura Desmond Canada just renegotiated NAFTA, legalized marijuana, and is now the scene of crypto’s most recent exit scam A small crypto exchange in Canada is crying “hack”, but it appears they pulled off an exit scam disappearing with ~$6 million worth of bitcoin. An exit scam is when an exchange builds up a reserve […]
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Do Security Tokens Need a New Blockchain? Benefits and Challenges Part II
byBy Laura Desmond This is the second part of an essay that debates the value proposition of a new blockchain for security tokens. In the first part, we discussed some of the challenges of the current generation of security token platforms that justify the case for a new blockchain for security tokens. Today, I would like […]
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Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto
byVenezuela’s controversial state-owned cryptocurrency the Petro is now available for purchase for fiat and crypto, Venezuelan Economy Department announced on Twitter Monday, Oct. 29. According to an infographic included in the tweet, Petro can now be purchased directly from the country’s treasury via the coin’s official website or from six crypto exchanges authorized by the government. The state-issued coin can be purchased […]
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How One Blockchain Startup is Transforming Travel and Increasing the Accessibility of Cities
byWe all know that social networks and digital content distribution is controlled by a small number of large companies. The strength of these companies lies in the content that millions of users create and share on a daily basis. In platforms like Facebook and Twitter, users are not only customers who consume advertising or pay […]
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It’s not too late to “break in” to crypto
byI receive a lot of emails from crypto enthusiasts asking for advice on how to “break in” to crypto. And I totally get it! After all, crypto is a highly technical and multi-disciplinary field that moves at a breakneck speed. Having been on the other side, I know and empathize with the struggle of trying […]
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3 Applications of Cryptocurrency Beyond Peer-to-Peer Payments
byDigital currency isn’t just a new way to pay; it’s a new way to play the game of business. To be sure, digital currency markets have had their ups and downs. A recent study by Gallup shows that only 2 percent of investors are currently purchasing Bitcoin or other cryptocurrencies, but one in four is intrigued. With major […]
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Parity to Help Zcash (the Currency) Gain Independence From Zcash (the Startup)
byThe privacy-centric zcash cryptocurrency just took a small step toward greater decentralization. Revealed exclusively to CoinDesk, ethereum-focused startup Parity Technologies is partnering with the non-profit Zcash Foundation to create the first zcash node software that isn’t built or managed by the Zerocoin Electric Coin Company led by Zooko Wilcox. As part of that shift, the foundation is looking to hire four engineers […]
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To Be or Not to Be a Utility or a Security Token: That is the Question
byBy Laura Desmond 2017 was a crazy year in cryptocurrency with digital tokens raising an estimated 5.6 billion dollars. The majority of tokens released in 2017 claimed to be utility tokens to avoid any friction with the SEC but in fact were actually security tokens. What is the difference between the two tokens plus what […]
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