China’s central bank relies on centralization and suppression of open technologies such as blockchain, with its next step being to issue a national stablecoin. The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. […]
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Australian software programmer Rusty Russell warns users of security issues found in various Bitcoin’s Lightning Network projects, urges to update the software. Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.” Urgent update recommended On […]
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Kavita Gupta, former ConsenSys ventures head, joins security token offering project Dusk Network that aims to help companies tokenize their equity shares. Former blockchain firm ConsenSys’ ventures head Kavita Gupta joined security token project Dusk Network. As industry news outlet The Block reported on Aug. 30, Gupta joined Dusk Network, an Amsterdam-based startup trying to […]
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Can PAC give crypto a push? BitPAC — conceivably the only active crypto-centric political action committee — announced its plans to hold an ICO… Earlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering (ICO). The committee will reportedly issue a […]
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Solving the blockchain scalability challenge requires coming up with new consensus mechanisms that support different nonfinancial use cases. Blockchains and the related field of decentralized technologies represent a massive opportunity for humanity — not to mention the fact they appeared with almost perfect timing. Our largest institutions have become so powerful that they can take […]
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In a proof of concept demonstration, a Jaguar I-Pace uses Iota’s DLT to track and display the car’s energy source and usage to the public. Distributed ledger technology (DLT) company Iota partners with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota […]
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American aircraft giant Boeing is joining the governing council of enterprise-focused decentralized network Hedera Hashgraph, according to Coindesk. Major global aerospace manufacturer Boeing has reportedly joined the governing council of enterprise-focused decentralized network Hedera Hashgraph. Ten members so far The American aircraft giant is the 10th firm in the list of Hedera’s governing council members, […]
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Bitwala launches smartphone Bitcoin banking app for customers in 30 European countries. On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an […]
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Winnipeg Bitcoin ATMs targeted with “out of order” signs. Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin. Low-tech hack attack […]
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Seychelles-based securities exchange MERJ plans to distribute its equity to Europe using digital tokens by partnering with blockchain service provider Globacap. Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap. A […]
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