The Austrian government is backing a project that would let citizens submit data about industrial waste heat spots for district heating, receiving tokens as reward. An Austrian project is set to use blockchain to help find waste heat hotspots in the cities of Vienna and Graz. Launched by the Austrian Institute of Technology (AIT) on […]
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The United Nations has released a report to raise governmental and international awareness for blockchain’s application in the seafood value chain. Blockchain has become one of the most discussed technologies in relation to supply chain management, given its ability to provide transparency and traceability within a number of value chains. The Food and Agriculture Organization […]
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A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown. New China-based mining pool Lubian accounts for 5.15% of the total Bitcoin (BTC) hash rate, just three weeks after processing its first block. The pool was originally spotted by BlockBeats, a Chinese blockchain news outlet, on May […]
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Telegram CEO announces the end of Telegram Open Network and Gram following regulatory battle. Per a May 12 message from Telegram CEO Pavel Durov, the company is calling it quits on the Telegram Open Network and the linked GRAM tokens following a lengthy battle with the United States Securities and Exchange Commission. Disclaimer: This story […]
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Research Fellow Martin Chorzempa argued that China’s blockchain strategy is entirely focused on domestic objectives during Consensus. Martin Chorzempa, a research fellow at the Peterson Institute for International Economics, provided insight into the motivations and objectives underpinning the development of China’s state-backed Blockchain Service Network (BSN) while speaking at Consensus:Distributed on May 12. Chorzempa highlighted […]
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Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless. Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. EST on Monday, May 11, as block number 630,000 was successfully mined. The Bitcoin block reward has now gone down from […]
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As FATF’s purported deadline for the travel rule is just a few weeks away, crypto regulation expert Siân Jones argues that its adoption could take years. Last year, the Financial Action Task Force (FATF) asked global jurisdictions to adopt its anti-money laundering, or AML, guidelines for crypto. As the apparent deadline is just a few […]
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Smoother conditions follow Bitcoin’s third block subsidy halving on Monday, but anticipation is building as fiat continues to wane. Bitcoin (BTC) was fighting for $9,000 support on May 12 as more public praise surfaced amid continued dismal conditions for the world economy. Cryptocurrency market daily overview. Source: Coin360 BTC price unmoved by halving Data from […]
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Anthony Pompliano argued that government stimulus measures will drive the adoption of alternative stores of value and non-correlated assets at Consensus. Anthony “Pomp” Pompliano, the co-founder of Morgan Creek Digital, argued that the United States government’s response to the COVID-19 lockdown will drive new users to adopt cryptocurrencies. During a discussion with Binance CEO Changpeng Zhao […]
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A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain. The Shanghai branch of the People’s Bank of China (PBoC) published an article detailing the signs of a financial scam, mentioning virtual currency and blockchain as signs of a fraudulent offering. The […]
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