Even the FDA uses blockchain Federal agencies have turned to blockchain for its transparency, efficiency, security and flexibility. According to FedTech magazine, several federal agencies like the U.S. Food and Drug Administration, or FDA, and the Department of Treasury began using blockchain. Officials in the US Food and Drug Administration needed an effective way to help […]
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Would a 20% block reward reduction matter in the long run? Charles Hoskinson’s IOHK recently published two Ethereum Classic Improvement Proposals, or ECIPs, meant to help the struggling chain recover after a slew of recent 51% attacks. The first introduced a checkpoint system to prevent the possibility of such attacks, and the second proposed a decentralized treasury — a seemingly […]
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This week the Fed signaled that further monetary expansion is planned, meanwhile interest in Bitcoin and DeFi continues to skyrocket. This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path. Before […]
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It’s not a group of 1980s rappers, it’s North Korea’s second most notorious hacking gang. A group of North Korean hackers is engaged in a massive campaign targeting U.S. financial institutions and cryptocurrency exchanges around the world — with US authorities warning of the high level of threat it poses to the country. According to […]
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Tyler Winklevoss believes Bitcoin price is headed to $500,000 in the long term if it overtakes gold. Tyler Winklevoss, one of the first reported Bitcoin (BTC) billionaires and the co-founder of Gemini, believes the ultimate bull case for Bitcoin means reaching a target of $500,000. The theory for a $500,000 long-term Bitcoin price is straightforward. […]
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After numerous extensions, Celsius’s equity crowdfunding raise has attracted 1,000 investors and more than $20 million. Blockchain-based lending platform Celsius (CEL) Network has raised $20.17 million from more than 1,000 investors with one day to go in its recently extended crowdfunding offering. The most recent extension occurred long after passing the $17 million ‘target’, which […]
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Former U.S. Homeland Security Department general counsel, Stevan Bunnel, has been appointed as Libra’s top lawyer. Stevan Bunnel, former general counsel for the U.S. Department of Homeland Security (DHS), has been revealed as the Libra Association’s new leading lawyer. Since leaving the Homeland Security Department in 2017, Bunnell co-chaired the data privacy-focused legal practice O’Melveny […]
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The information will be used to develop regulation aimed at tackling the illicit use of cryptocurrencies. On Monday, two Democratic Representatives asked the Trump administration to provide more information on cryptocurrency recently seized from terrorists. According to an Aug. 26 report by The Hill, the request is related to the millions of dollars in crypto […]
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A combination of frightening macro phenomena and Bitcoin strength spells bullish for Kraken’s Dan Held. Bitcoin (BTC) is “at the beginning” of an extended bull run and there are increasingly clear reasons to accept it. That was the opinion of Dan Held, head of growth at United States cryptocurrency exchange Kraken, who listed the latest […]
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The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact. The nation of Qatar is a World Bank “high-income economy,” backed by the world’s third-largest natural gas and oil reserves. It has the third-highest GDP per capita in the world (by purchasing power parity), […]
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