Cryptocurrency

It is a truth universally acknowledged that crypto aficionados love Burning Man. Both the long-running festival in the Nevada desert and the bitcoin ethos revolve around openness to exploring new governance models with fewer rules. Take me, for instance. I still have the colorful Burning Man ticket from 2010, when, like so many future bitcoiners,
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ConsenSys spin-out BlockApps is working with Bayer Crop Science, the controversial agricultural giant formerly known as Monsanto. The multinational corporation is collaborating on several BlockApps pilot projects, CoinDesk has learned, although the firm declined to specify how many. The projects began as proof-of-concept implementations in 2018. Michael Pareles, the global digital strategy manager of Bayer’s
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Luxury brand conglomerate LVMH, owner of the iconic Louis Vuitton label, is preparing to launch a blockchain for proving the authenticity of high-priced goods, CoinDesk has learned. Code-named AURA, the cryptographic provenance platform is expected to go live in May or June with Louis Vuitton and another LVMH brand, Parfums Christian Dior. It will then be
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ConsenSys Ventures, the investment arm of ethereum development studio ConsenSys, has selected 10 blockchain startups for the second cohort of its accelerator program Tachyon. Announcing the news on Monday, ConsenSys Ventures said that the selected startups for the Tachyon 2.0 program are focused on building new blockchain-based solutions across data privacy, encryption, healthcare and decentralized
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Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ———— In 2018, the ethereum network has been hobbled by delayed protocol upgrades, ICO boom hangover and the overall crypto winter. However, several fundamental indicators, which, in theory, should be indicative of positive price momentum, are pointing to
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According to financial news outlet Cheddar, Facebook has acquired a blockchain startup called Chainspace. Another move for the tech giant into the cryptocurrency space perhaps? Chainspace Founded by University College London researchers, the Chainspace blockchain describes itself as “a planetary scale smart contracts platform” and is comprised of a “distributed web of blockchains for scalability, speed,
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Yesterday, a rather shocking cryptocurrency anti-money laundering report was released by the crypto analytics company CipherTrace. This report states that around $1.7 billion worth of cryptocurrency was obtained illegally in 2018. What’s more surprising is that crypto hacks happened three times more than in 2017. No wonder institutional investors don’t want to put big money into
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An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto scam likens to a typical get-rich-quick scheme and operates through several websites, though
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It bodes well for cryptocurrencies everywhere that the CEO of the world’s largest exchange, NASDAQ, has their back. Specifically, Adena Friedman thinks they “deserve an opportunity to find a sustainable future in our economy.” The comments were made yesterday by Friedman in a posting on her LinkedIn profile. The president and CEO of the Nasdaq exchange was writing
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Researchers from several leading American universities are working on creating a cryptocurrency that can make a real competition to Bitcoin. Specialists plan to develop their own network for the coin, which is characterized by the speed of financial transactions and many other features. This work is carried out by professionals from such well-known educational institutions,
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