After the price fall of Bitcoin and other cryptocurrencies recently, and after the comment from Jamie Dimon, the CEO of JP Morgan Chase that bitcoin may be a "fraud" and that he will "fire anyone at the company who trades it", the CEO of Goldman Sachs may be feeling different about what bitcoin is and…
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Business Insider reported that Oracle introduced its Blockchain Cloud Service on October 2nd, as the company is making steps to outcompete giants like Microsoft and IBM. Obviously, the new cloud service will be used for sharing data in a more secure way. While the service will be made available to users later this year, Oracle was…
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Unlike other countries that may believe the technology behind Bitcoin, Blockchain, is a "fraud" and may trigger financial crisis in the future, Ukraine is turning to blockchain to manage its farmland registry. Bloomberg reported that Ukraine believes that the system they are using now for managing the land ownership may be subject to fraud and…
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Crypto Valley Association (CVA), the Swiss-based not-for-profit association supporting the development of blockchain and cryptographic related technologies and businesses, today distributed a paper on behalf of MME and Blockhaus, proposing a new method for token classification. Both MME, the leading Swiss consultancy firm for law, tax and compliance in Blockchain applications and Blockhaus, a developer of decentralized investment banking platform…
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In 2015, Cointelegraph reproted that Sweden is to become the first ever cashless country in the world. A study conducted by KTH Royal Institute of Techonlogy, around six banks were refusing to operate with cash. Naturally, Bitcoin was rumored to have great future in the country's plans for becoming fully "cashless" society and first Scandinavian country…
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Singapore is undoubtedly one of the most popular and thriving melting pots today in the world for fintech and finance. The cryptocurrency boom does not make an exception. Today, the price level of Ripple jumped with 11%, as reported by MoneyMorning, when a new Ripple office was opened in Singapore. In addition, news that Japan…
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SEB, the Nordic financial services group, and Nasdaq, Inc. (Nasdaq:NDAQ) have announced a joint project to test a developed prototype for a mutual fund trading platform based on blockchain technology. The aim is to increase efficiency in the processing of purchases and sales of fund units and to create a unit ledger – an area…
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As reported by Bloomberg today, Bitcoin is facing another possible split in November, which would mean that the world will have three different versions of the cryptocurrency. With the growing popularity of the currency, miners and developers seek new ways to diversify the increasing “hunger” of the population. One of the “Bitcoin gurus”, Roger Ver,…
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When China announced that all its domestic exchanges will stop trading Bitcoin from September 30th this year, the digital cryptocurrency markets have seen a huge dip in prices: Bitcoin alone was down with 40%, Ethereum with 10% and overall, last week was a "bearish" one for the "people's currencies". Just before the ban, the Initial…
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According to CoinDesk, the US Senate passed a $700 billion defense bill that includes a mandate for the Department of Defense to conduct a study on blockchain and the technology behind it. On September 18th, along with the US military defense spending budget, an amendment suggested by Senator Rob Portman of Ohio, proposed a potential…
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