The New York Times is apparently hunting blockchain talent to develop a proof-of-concept that will implement the tech in news publishing. United States news giant the New York Times (NYT) has evidently been hunting blockchain talent to develop a proof-of-concept (PoC) that will implement the tech in news publishing. The development was revealed in an […]
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Dubai-based crypto firm ABBC Foundation agreed to stop using name “Alibaba” after legal action by Chinese e-commerce giant Alibaba Group. Dubai-based crypto firm ABBC Foundation has agreed to stop using the name “Alibaba” for its cryptocurrency after legal action by Chinese e-commerce giant Alibaba Group, Reuters reported on March 11. The decision from ABBC Foundation […]
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Long Blockchain Corp (i.e., Long Island Iced Tea), has reached an agreement to sell its beverage business. On March 6, Long Blockchain Corp., previously known as Long Island Iced Tea, reached an agreement to sell its beverage business. In December 2017, the firm rebranded itself to focus on blockchain development and enjoyed a 289 percent […]
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The mining giant has yet to confirm the news officially, which appeared in a Chinese finance newspaper. Chinese cryptocurrency mining manufacturer Canaan Creative has completed a multimillion-dollar funding round, local finance news outlet Securities Times reported on March 11. Canaan, which has not officially confirmed the report, is rumored to have raised an unspecified sum […]
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Chad Cascarilla, CEO of blockchain trust company Paxos, has revealed that the company’s gold-backed cryptocurrency will be launched in 2019. Blockchain trust company Paxos’ digital token backed by precious metals will be launched “definitely this year,” said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11. During the interview, […]
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A Barclays analyst stated that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021. Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11. Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new […]
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On-chain Crypto Lending: The Path To The Mainstream. One of the hottest topics in cryptocurrency right now is the potential ability for distributed ledger technology to transform the borrow and lending activities in traditional banking. This helps banks solve two major issues: application of legal actions and liquidity. But “on-chain” technology could solve another essential, […]
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Adoption of Bitcoin payments by Kroger and Starbucks may be tipping point for crypto. It’s no secret that cryptocurrencies don’t receive many plaudits in the mainstream media as reliable means of payment. Critics have even claimed that Bitcoin “sucks” as a payment mechanism. Yet, despite that blinkered skepticism, cryptocurrency payments actually grew last year. Payment […]
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A user managed to create a transaction for 1 trillion EOS tokens, several times more than the entire circulating supply. Blockchain protocol EOS (EOS) has dismissed worries over a recent transaction that hypothetically would be worth over $3 trillion. As picked up by Whale Alert, a Twitter account monitoring large transactions on cryptocurrency blockchains, […]
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In major news this week, university students seem to be making a profit mining crypto, and Jack Dorsey buys $10,000 of BTC a week. Top Stories This Week Research: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners According to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry […]
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