Tag: obitx

  • Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum

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    Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also remains as […]

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  • 5 Social Media Trends CMOs Need To Keep Their Eyes On

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    CMOs need to possess a wide range of skill sets in order to be effective. Okay, that ends the ridiculously-obvious portion of our show. The fact is it’s no longer enough to be a Madison Avenue creative thinker who doesn’t know the ins and outs of social media, or understand the power of high-converting digital […]

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  • India’s Supreme Court Sets September Date for Final Cryptocurrency Petition Hearing

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    India’s Supreme Court has upheld the central bank’s directive of prohibiting banks from offering services to the domestic cryptocurrency sector following a hearing today. On Friday, India’s Supreme Court held its latest hearing of the case against the Reserve Bank of India’s (RBI) circularforbidding all regulated financial institutions, including banks, to provide services to business in […]

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  • We Are Now Living in a New Geologic Age, Experts Say

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    We are all in the midst of a new geological age, experts say. This age, dubbed the Meghalayan, began 4,250 years ago when what was probably a planetwide drought struck Earth, according to the International Union of Geological Sciences (IUGS). The Meghalayan is just one of three newly named ages, the IUGS said in an […]

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  • Barclays Pursues Blockchain Patents to Create Digital Currency Network

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    Barclays, the UK’s biggest bank, has applied for three U.S. patents that collectively outline a system that uses blockchain technology to combine the pseudonymity of cryptocurrency with the legacy financial system and its KYC/AML regime. The London-based bank first applied for the three patents in July 2016, though they were only published by the U.S. […]

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  • OKEx, Malta Stock Exchange Partner to Develop Security Token Trading Platform

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    Malta continues to be at the forefront of the crypto space with OKEx, one of the world’s largest cryptocurrency exchanges, announcing a partnership with the Malta Stock Exchange to create a new security token trading platform. The new exchange will operate under the name OKMSX and bring together OKEx‘s expertise in the digital assett market along and […]

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  • Bank of America Reveals Blockchain Patent for External Data Validation

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    Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation of data, according to a United States Patent and Trademark Office (USPTO) patent filing released July 17. BoA’s patent filing proposes using blockchain for tracking resource information and confirming resource transfers, noting that “A need currently exists for providing a […]

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  • Litecoin Founder Says in ‘Best Case’ Recent Bank Stake Could Result in Crypto Services

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    Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. In his post, Lee mentioned the possibility of the bank offering crypto services. Last week, the Litecoin Foundation acquired a 9.9 percent share in WEG Bank through […]

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  • Pop Icon Peter Gabriel Has Invested in a Blockchain Startup

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    Legendary musician Peter Gabriel is backing UK-based blockchain startup Provenance, though the full amount of Gabriel’s investment has yet to be disclosed. Gabriel, formerly the lead singer of rock band Genesis, invested in Provenance along with Working Capital Fund, Digital Currency Group, Merian Ventures and Plug and Play, according to a news release. The funding round comes […]

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  • US Congressman Calls for Ban on Crypto Buying and Mining

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    A U.S. lawmaker has called for a blanket ban on cryptocurrency buying. Congressman Brad Sherman is no stranger to controversial statements on the subject – back in March he called cryptocurrencies “a crock” – and during the Wednesday hearing of a subcommittee for the House of Representatives Financial Services Committee, he went so far as to advocate keeping Americans […]

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