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Allianz Chief Economist Backs Crypto to Survive Current Market Selloff

Mohamed El-Erian, Chief Economist at Allianz, has stated that cryptocurrencies will survive the current market slump and achieve widespread acceptance subsequently. Speaking on November 27, 2018, at the Coindesk ‘Consensus: Invest in New York’ conference, El-Erian became a somewhat unlikely voice of support for crypto, declaring that not only will it survive and thrive, but the entry of institutional investors. дальше »

2018-12-1 14:00


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UAE Government Launch National Blockchain Technology and Artificial Intelligence Initiatives

At the Second United Arab Emirates (UAE)  Government Annual Meeting held in Abu Dhabi, the region’s authorities launched two national platforms targeted at reinforcing the UAE’s artificial intelligence (AI) and blockchain technology ecosystems and ultimately make the state a hotbed for new technologies, reported the Emirates News Agency on November 28, 2018. дальше »

2018-12-1 08:00


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Wall Street Continues to Experiment with Cryptocurrencies Despite Crypto Crash

Players in the mainstream finance sector continue to experiment with cryptocurrencies and blockchain technology despite the recent Bitcoin crash. According to the Financial Time’s Article published on November 28, 2018, many companies such as large proprietary traders and institutional investors are still looking to ride the cryptocurrency movement, as they believe that the tokenization of physical and tangible assets are. дальше »

2018-12-1 06:00


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Can Regulations Save Cryptocurrency Prices?

Bitcoin’s bearish year has, unfortunately, seen better days, especially since the cryptocurrency token’s value plunged over 12 percent, falling as low as $3,159. 94 on the Bitstamp digital exchange. According to The Week’s article published on November 26, 2018, greater regulatory oversight could help the cryptocurrency industry rebound from their Black Friday weekend lows. дальше »

2018-11-30 06:00


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Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash

Steemit, a decentralized social media platform has laid off 70 percent of its staff due to the prolonged bearish cryptocurrency market. According to a Youtube video posted on November 29, 2018, Ned Scott, the CEO of Steemit mentioned that the company will prioritize a restructuring and undergo further cost reduction strategies to ensure that the company remains economically sustainable. дальше »

2018-11-30 00:00


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U.S. Government Links Digital Currency-Addresses To Sanctioned Iranians

It’s the first time the U. S. Office of Foreign Assets Control (OFAC) has linked Bitcoin addresses to specific individuals. According to Bloomberg’s article published on November 29, 2018, the Treasury Department mentioned in a statement on Wednesday that the two Iran-based individuals, Mohammad Ghorbaniyan and Ali Khorashadizadeh, were responsible for facilitating ransom payments made in Bitcoin. дальше »

2018-11-29 20:00


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Swiss Court Orders Shut Down of Envion Cryptocurrency Mining Startup

Envion, a Switzerland-based startup that claims to make use of renewable energy in providing off-grid cryptocurrency mining, has reportedly been shut down by the cantonal court of Zug, in crypto-friendly Switzerland following an alleged illegal initial coin offering (ICO), according to a Handelsblatt Global report on November 28, 2018. дальше »

2018-11-30 18:00


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WTO Report: Blockchain Technology Could Add $3 Trillion to International Trade by 2030

A report published by the World Trade Organization (WTO), on November 27, 2018, claims that blockchain technology could potentially add $3 trillion to international trade and finance by 2030. However, it also mentioned that blockchain should not be considered a panacea, and a careful cost versus benefit estimate is required during its application. дальше »

2018-11-29 18:00


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Solar Energy-Powered Mining and PoS Could Make Cryptocurrencies Environmentally Sustainable

One of the chinks in the armor of blockchain technology is its intensive energy consumption. However, a report by Harvard Business Review, published November 27, 2018, sheds light on some of the lesser, and even nil, energy-consuming alternatives that can pave the way for DLT to be the global disruptor as it is often deemed to be. дальше »

2018-11-28 20:00


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Death of ICOs: Security Tokens Will Take Center Stage in 2019

ICOs might be the most popular way to raise funds in the crypto industry, but their fame could be short-lived. The potential market for security tokens is enormous, with estimates for the broader transition of financial assets to blockchain valued at up to US$24 trillion, the South China Morning Post reported on November 26, 2018. дальше »

2018-11-28 22:00


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AMF Condemns Keplerk’s Plans to Sell Bitcoins via French Tobacco Shops

The nation’s financial regulators have criticized Keplerk, a France-based financial technology (fintech) company, the Autorite des Marches Financiers (AMF)  for allying with tobacco retailers in the country to enable them to sell bitcoin to clients through its bitcoin vouchers beginning from January 2019, according to a Finance Magnates report  on November 26, 2018. дальше »

2018-11-27 06:00


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Overstock Founder Looks to Blockchain Technology As the Company’s Future

Internet Retailing giant Overstock is prepared to sell their online retail business by investing the company’s funds on tZero, a blockchain-based trading system, and other blockchain startups. According to the Wall Street Journal’s article published on November 23, 2018, while tZero is currently costing the company millions of dollars every month, Patrick Byrne, the chief executive officer of Overstock remains. дальше »

2018-11-26 16:00


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Crypto-Funds Face Existential Crisis as Bitcoin Prices Tumble

The springing up of “crypto” hedge funds in proportion to the rising market cap in 2017 led many to truly believe in the “institutionalization” of the asset class. A year later, few have survived, and those who are active have been facing an inevitable existential crisis, opinionated Anthony Pompliano via a blog post on November 21, 2018. дальше »

2018-11-26 12:00