Blockchain can contribute to trade cost savings by replacing the paper-heavy custom processes that slow down trade. In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their […]
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Before humanity’s era of cryptocurrencies begins, let’s take a look at the challenges facing the technology that stands behind them all. The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial […]
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The NBA notified Brooklyn Nets’ player Spencer Dinwiddie that he cannot tokenize his $34 million contract. The National Basketball Association (NBA) notified Brooklyn Nets’ player Spencer Dinwiddie that he cannot tokenize his $34.4 million contract. As The New York Times reported on Sept. 27, the NBA pointed out that Dinwiddie’s initiative goes against the collective […]
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Fuel purchases at United Petrol stations to feature a 20% payback in INCNT tokens by Australian startup Incent. Australian startup Incent plans to offer a 20% payback in its INCNT token on fuel purchases at United Petrol stations for a limited time. Incent announced in a press release published on Sept. 26 that participants will […]
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Cryptocurrency exchange Coindirect launches an over-the-counter brokerage service in South Africa. Cryptocurrency exchange Coindirect launches an over-the-counter (OTC) brokerage in South Africa. As industry news outlet CoinInsider reported on Sept. 27, the platform creates a vast liquidity pool by integrating with global platforms, allows for Bitcoin (BTC) price locks after a confirmation and for instant […]
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Bitcoin’s Lightning Network developer Rusty Russel discloses the network’s vulnerability, offers a solution. Bitcoin’s (BTC) Lightning Network (LN) developer Rusty Russel has published the full disclosure of the network’s vulnerability discovered in August, accompanied by a solution. Russel pointed out that the vulnerability appeared while opening funding channels. The described process does not require that […]
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Crypto traders use tools designed for traditional markets without realizing the value of on-chain data that makes it easier to spot Bitcoin’s price tops and bottoms. Blockchains produce huge amounts of data and it seemed that only data scientists and blockchain research firms like Chainalysis and CipherTrace were making use of it. Recently, crypto investors […]
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Technical analysts anticipate Bitcoin’s price to recover in the short term in a relief rally following a minor rebound to $8,200. Subsequent to the recovery of the Bitcoin price (BTC) movement from $7,700 to around $8,200 in the past 24 hours, technical analysts anticipate Bitcoin and other major crypto assets to recover in the short […]
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A look at the journey of Patrick Byrne and Overstock.com to be pioneers of the crypto/blockchain ecosystem. On Sept. 19, former Overstock.com CEO Patrick Byrne sold his entire stake in the firm, which accounted for 13% of the company and was worth over $90 million. While the move surprised many, those closely following Patrick’s eccentric […]
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An employee at a nuclear research center was fined $7000 for illegally mining Bitcoin on a supercomputer. An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC). Convicted to pay $7,000 fine According to a Sept. 27 article by Russian news outlet Meduza, […]
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