As we reported last month, cryptocurrency developers try to optimize their blockchains for standard computer equipment, to discourage large entities from cornering the market in mining their coins. Monero may hard fork to reject a Bitmain ASIC, and the developers of Ethereum have been trying to keep it ASIC-resistant. Bytom is embracing ASICs and the […]
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DoubleLine Capital CEO, Jeffrey Gundlach believes that Bitcoin is proving to be a new stock market indicator. He was one of the “50 Most Influential” according to Bloomberg Markets Magazine in 2012, making his opinions carry a great deal of weight. According to Gundlach, “Bitcoin closed at the low of the year last week, SPX […]
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Health care insurers UnitedHealth Group, Humana and MultiPlan have partnered with provider Quest Diagnostics in a study on utilizing blockchain technology to improve health care data. They are not the first companies to look at marrying healthcare with the blockchain. Medicalchain is one health records company looking to solve this problem, which currently has voluntary […]
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Mailchimp has joined the bandwagon against ICOs by prohibiting email campaigns on their platform, according to the company’s acceptable use policy. This puts them in the same anti-crypto coalition as Facebook, Twitter and Google, with their plans to ban ICO ads. According to Mailchimp’s modifications to their Terms of Use, “we cannot allow businesses involved […]
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Digix DAO (DGD), #28 by market capitalization with a total market cap of $500 million has partnered with Traceto.io as the KYC service provider for the Digix marketplace. KYC, or Know Your Customer is the process of verifying the identities of clients and investors. It is part of the Anti-Money Laundering (AML) regulations that govern […]
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The Lightning Network now has more nodes than Bitcoin Cash, suggesting widespread and adoption. In mid-January, there were only 29 nodes running Lightning Network on the Bitcoin mainnet. Now, just over two months later, it has 1,368 nodes, compared to 1,286 Bitcoin ABC nodes. There are already 29 insanely brave nodes running Lightning Network on […]
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Although it’s debatable whether Cambridge Analytica actually did anything outside of Facebook’s Terms of Service, with regard to how the organization collected and utilized customer data, the #DeleteFacebook campaign is very real. Highly influential people have joined the bandwagon, including tech titan Elon Musk who took down the Facebook pages for Tesla and SpaceX. Facebook […]
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While regulators in Japan are tightening up on the cryptocurrency and ICO industry, the Japanese IT manufacturer, Fujitsu has opened an international Blockchain Innovation Center in Brussels, Belgium, according to a press release. Fujitsu describes itself as a “global information and communication technology (ICT) company.” As a leading ICT company in Japan, it offers a […]
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UK bank, Santander has confirmed that it will release an international money transfer app within a few months, powered by Ripple, as reported by Business Insider. According to the Santander UK CEO, Nathan Bostock, “This spring, if no one beats us to it, we will be the first large retail bank to carry out cross-border […]
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IBM released a new blockchain product, targeted to start-ups that are not quite ready for their enterprise application development solution. In addition, IBM will offer new services that are designed to commercialize blockchain applications. Unlike the trustless public blockchains that underpin cryptocurrencies like Bitcoin and Ethereum, IBM’s permissioned blockchain network limits the number of trusted […]
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