In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms […]
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Vitalik Buterin says that currency digitization is inevitable and believes decentralized privacy currency would be more appealing to people than state-controlled digital currencies. With governments increasingly looking at launching their own digital currencies, you might worry that crypto just can’t compete with national financial infrastructures. Not so, says Ethereum co-founder Vitalik Buterin. Buterin spoke with […]
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Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent […]
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Walmart joins Hyperledger to have a larger role in the open-source community, discusses further plans for the future. Speaking at the Hyperledger Global Forum 2020 in Phoenix, Arizona on March 3, Walmart’s director of software engineering for blockchain platforms, Archana Sristy, briefly discussed why the company joined Hyperledger. During a panel entitled “Blockchain in Action: […]
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PwC legal leader Günther Dobrauz recently praised the people responsible for Cardano development. The legal leader at Big Four auditor PwC, Gunther Dobrauz, recently praised the people responsible for Cardano’s (ADA) development. A huge part of the future In a Mar. 3 tweet, Dobrauz claimed that he has long been saying that decentralization is the […]
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Big Four accounting firm KPMG issued a new report on crypto assets, estimating that more than $9.8 billion in cryptocurrency has been stolen by hackers since 2017. Owning cryptocurrency is still considered a risk by institutional investors, according to a March 2 KPMG report shared with Bloomberg. The accounting firm estimated that more than $9.8 […]
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EOSIO says reports of EOS network degradation are inaccurate, blockchain is performing at levels exceeding the capacities of major crypto exchanges. Earlier in January 2020, Block.one released EOSIO 2.0 as an upgraded set of protocol improvements for the software underlying the $3.2 billion EOS blockchain. Following the release of the new version of EOSIO, some […]
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Kraken donated 17.5 Bitcoin to San Francisco’s anarchist hackerspace Noisebridge to keep the space running. On Feb. 27 Noisebridge advocate and attendee John Backus woke up to see that approximately 17.513 Bitcoin (BTC) – equivalent to about $156,000 at the time – had been deposited into Noisebridge’s cryptocurrency wallet. The unexpected deposit came from U.S. […]
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Due to a proposed tax plan and a multimillion-dollar hack, it’s been a rough couple of weeks for BCH. Each crypto token commands a small army of fierce supporters. For many, the sole cryptocurrency that is worthy of such staunch support is Bitcoin (BTC). But what truly is Bitcoin, what is its purpose, and how […]
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Human resources firm Randstad, which recently became a global leader in the sector, has chosen to further automate its workflow using a smart contracts-focused blockchain. Human resources firm Ranstad, which recently became global leader in the sector, has chosen to further automate its workflow using a smart contracts-focused blockchain. The firm’s 40,000 employees will be […]
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