ICOs, or initial coin offerings, seem to have replaced the IPOs, the initial public offerings, in hype and attention. With the cryptocurrency market capitalization currently going through $200 billion, it is interesting to note the differences between ICOs and IPOs. An ICO, or an initial coin offering, is a sort of a crowdfunding project, with…
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Cargill, the American agricultural company, has decided to use the technology of blockchain to track the origins of Thanksgiving Turkey. Blockchain has seen so many applications in so many industries and sectors, that it is not surprising at all to see that kind of innovation employed by a big US company. The testing will be…
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After banning domestic exchanges from trading bitcoin and cryptocurrencies, the People's Bank of China may be thinking of developing a domestic currency after all. China seems to be eager to join the "cryptocurrency hype", especially after the total market capitalization of digital currencies hit $200 billion, with the major driver being Bitcoin, which surpassed the…
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As blockchain has already disrupted industries and countries from Russia to Australia, Malta is not in line to disrupt the online gaming industry through blockchain. Time of Malta reported: "The Malta Gaming Authority (MGA) is leading by example in establishing Malta as a frontrunner in this regard, and, in the White Paper published in July…
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Despite Bitcoin's hockey-stick price chart over the last week, hitting $7,500 level, still, the general perception of the digital currency is that it can be largely used for illegal purposes like drug and human trafficking, terrorist financing and others. Now, Vatican City is working with major financial institutions to better understand the use of crypto…
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India seems to be going out on a limb with the technology of blockchain, since many Indian companies are now using it for improvement of various services and products. The India Times reported that Bajaj Finserv, the holding company of Bajaj Group's NBFC and insurance firms, is using blockchain technology for services like travel insurance, for…
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SIA and R3 announced that they have launched a strategic partnership aimed at speeding up the global development and adoption of blockchain applications by leveraging SIAnet’s 600 nodes provided to financial institutions, corporates and public administrations. As part of the partnership, SIA will build a secure and protected network called SIAchain, which will be integrated…
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The price chart of Bitcoin now resembles a "hockey stick". A constantly increasing price with time, with only small corrections here and there. Bitcoin is now trading at around the $7,300 level, hitting new all-time highs almost every week for the past month. With 889% growth this year, according to Coinbase, Bitcoin has helped the…
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With the surge of thousands of ICOs each month, and the unbelievable growth of the digital currency industry, the next coin in line is not other but the SatanCoin. The SatanCoin was created to serve no real purpose except for the fun part of ICOs and tokens. The web page states:"Damned are thy mortal coins".…
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With Bitcoin coming up at $7,400 this past week, more prominent public figures are expressing negative opinions on the actual viability of the digital currency. After JP Morgan Chase's CEO, Jamie Dimon, and the Chairman and Founder of Bridgewater Associates, Ray Dalio, called bitcoin a "fraud" and a "pyramid scheme", the next CEO who put…
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