Monthly Archives: May 2018

Moral Food: A Fish’s Trek From ‘Bait to Plate’ on the Ethereum Blockchain

It’s a little bit like “Finding Nemo” – except at the end, you get to eat the fish. During the Ethereal Summit, hosted May 11-12 by ethereum startup/incubator ConsenSys in Queens, New York, attendees were given an immersive experience to highlight the benefits a blockchain could have of tracking goods as they move along the supply chain. While blockchain’s use for supply chain management is being tested for a whole host of products by startups and tech heavyweights alike, during the summit, Viant, an ethereum-based supply chain […]

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Losing the Hoodie: Crypto Fashion Gets Loud and Proud In New York

“Make blockchain stylish again, that’s my motto.” So quipped the emcee of the third Ethereal Summit in Queens, NY, during one of the final talks of the two-day event. He’d been asking attendees to ask embarrassing questions they might have about the technology. Joseph Lubin, founder and CEO of event host ConsenSys, had touted the occasion as a way to bring those outside the space into the fold. Artists, musicians, entrepreneurs, enterprise executives and government activists all blended with the usual crowd, and it was obvious. While the reclaimed […]

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Tron (TRX) Adds Virtual Machine TronVM v.0.1 Launch to the Schedule

Tron’s much anticipated end-of-month events are nearing with every second passing by. The mainnet launch is one of the most discussed topics around now in the crypto-community. According to Tron’s website – Tron.network the countdown for its network launch is at 17 days 00 hours 55 min and 40 seconds. In the same respectful and very communicative manner as always, Justin Sun continues to update TRX enthusiasts and crypto-lovers. This time with a letter he wrote commenting that the target is set for TRON to reach at […]

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Only 8.5% of Bitcoin and Cryptocurrency Traders Are Female

A new demographic analysis of people trading in cryptocurrencies has brought up some intriguing results such as that only very few are female, most have little to no previous experience, and many are students or working in sales and marketing roles. Also Read: Israel Tax Authority Hunts for Bitcoin Traders on Social Media Understanding Trading Demographics Market analysts for the social investing network and multi-asset brokerage, Etoro, have conducted a research of their vast user base to help the company better understand exactly who are bitcoin and […]

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100+ Crypto Exchanges in South Korea – Government’s Real-Name System Ineffective

There are reportedly more than 100 exchanges in South Korea, most of which are not using the government’s real-name system. None of the small and medium-sized exchanges can use this system since banks have opted to only provide this service to the country’s largest exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 30% Conversion Rate It has been over 100 days since the government’s real-name system was implemented at the end of January. However, most crypto transactions are still not made through this system. All […]

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Morgan Stanley Says Banks Could Use Cryptocurrencies to Mitigate Financial Crises

Things are getting more interesting in the cryptoverse, as more interesting research is being carried out. Every sector in the world is clutching on to cryptocurrencies and the technology that powers them – Blockchain. A report released by a team of researchers at Morgan Stanley revealed that Bitcoin and cryptocurrencies could help central banks to cut interests rates, which would help reduce the impact of any financial crisis in the future. During the last global financial crisis of 2007 – 2008, central banks imposed lower interests rates as […]

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Litecoin (LTC) Now Functions In A Cross-Blockchain Decentralized Application

Blocknet has confirmed in a tweet yesterday that Litecoin (LTC) is now matching with the Blocknet protocol. This infers that LTC can now function in a cross-blockchain decentralized application (dApps). In a tweet by Blocknet, it was stated that “#litecoin now has simple integration with cross-blockchain dApps with #Blocknet! @litecoin brings new momentum to the future of cross-chain ecosystems. http://blocknet.co/coins  + Trade $LTC on new #BlockDX#DecentralizedExchange dApp #coinaday.” In a separate message on Blocknet’s medium page, a socio blogging platform, it was stated that “Litecoin is compatible […]

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Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period

Zimbabwe’s central bank issued Circular to Banking Institutions No. 2/2018: Virtual Currencies, effectively banning all crypto activity in the African nation. Businesses dealing in decentralized currencies have 60 days to comply. Also read: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now Zimbabwe Bans Crypto Issued 11 May, the Reserve Bank of Zimbabwe, the country’s central bank, laid out seven points in ordering the shutter of things crypto within the southeast African nation. Referencing two previous circulars going back as far as three years ago, […]

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Traditional Traders and Bankers Migrating to Crypto (BTC, ETH, XRP, LTC) Based Jobs

They say that the early bird catches the worm. This wise saying applies to the current happenings in the crypto-verse 100%. If you are a shrewd crypto trader, you usually browse coinmarketcap.com on a daily basis to identify potential gems before they become popular. The same principle can be applied to traditional bankers and traders abandoning ship from the big shot banks, and switching to the exciting world of cryptocurrencies and their exchanges. This world is dominated by Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and numerous other […]

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