Losses in traditional finance during the COVID-19 pandemic could underline the benefits of cryptocurrencies to the world. In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their […]
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The European Central Bank is looking to renovate its payments infrastructure, studying both public and private solutions, with or without blockchain. A blog post from the European Central Bank (ECB) discusses the importance of resilient payment mechanisms. While the report focuses on legacy systems, it also mentions novel blockchain-based technologies like the digital euro. Published […]
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Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years. Over the last decade, cryptocurrency mining has been given a bad rap for the sheer amount of electricity required to power the industry. Back in 2017, it was pointed out that the collective power consumption of […]
Continue ReadingBlockchain is being leveraged to connect buyers with non-traditional suppliers producing masks and other PPT needed to combat COVID-19. Shortages of personal protective equipment, or PPE, used by health care professionals are posing a tremendous challenge to the United States health care system as a result of the coronavirus pandemic. According to the Centers for […]
Continue ReadingHong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development of the digital yuan. As China is moving forward with blockchain projects amid the COVID-19 crisis, the government has tapped another tech partnership to continue the development of China’s digital yuan. Domestic artificial intelligence (AI) startup SenseTime has partnered […]
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Telos has announced three gaming partnerships that will enable developers to integrate blockchain-based functionality to games on the Unity and Steam platforms. The second most active blockchain, Telos, has announced partnerships with three gaming companies on April 28, bringing blockchain features to games on the Unity and Steam platforms. Telos’ partnership with Blockbastards will see […]
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Decentralized file- and web-hosting protocol InterPlanetary File System announced its largest upgrade so far. Decentralized file- and web-hosting protocol InterPlanetary File System (IPFS) announced its largest upgrade so far. According to an announcement shared with Cointelegraph, the developers will release IPFS version 0.5. on April 28. IPFS 0.5 reportedly makes uploading new data 25 times […]
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After recovering the funds from a $25 million hacks, dForce has reportedly refunded all its affected users. Decentralized finance protocol dForce has reportedly refunded all users who were affected in a recent $25 million hack. According to a tweet on April 27, “Over 90% of assets have been distributed to users in less than 24 […]
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Digital signatures, electronic identification and electronic signatures: Could Europe’s experience with their regulation help Australia (and not only)? Europe has been running a legislative framework for electronic signatures and digital identities since 1999. In 2014, the European Parliament introduced a significant upgrade by presenting electronic identification and trust services for electronic transactions in the internal […]
Continue ReadingIntroducing his latest revamp of the popular price model, analyst PlanB adds gold and silver and almost trebles his previous forecast. The latest version of a popular and thus far accurate Bitcoin (BTC) price model predicts an average price of $288,000 — and it could happen this year. In a blog post introducing the third […]
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