News

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Boeing to Develop Blockchain-Enabled Unmanned Vehicles in New Partnership
19 July, 2018 08:00
Boeing is partnering with an artificial intelligence (AI) company to develop pilotless vehicles and other products using blockchain. Texas-based SparkCognition, a company which Boeing invested in in a $32 million funding round last month, will work with the aviation giant on a platform which will track unmanned air vehicles and allocate flight corridors.

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Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities
18 July, 2018 08:00
Cryptocurrency exchange and wallet service provider Coinbase has received approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list digital coins considered to be securities

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Russian researchers will create a system for cross-blockchain data transmission
17 July, 2018 18:00
Russian IT experts proposed the creation of a number of Ethereum blockchain-based dApp-projects, which will connect different blockchain networks both with social media networks and each other. “Island 10-21” educational course participants presented several projects for effective blockchain-based social media data exchange.

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Green World to Release Taiwan Dollar-pegged Stablecoin, TWDT
17 July, 2018 08:00
Taiwan-based technology company Green World Fintech Service has announced that they will be launching their own stablecoin. The coins, to be called TWDT, will be ERC20 tokens that run on the Ethereum network. They will be pegged on a one-to-one basis with the Taiwanese Dollar. The system has a few measures in place to discourage money laundering through a patented process for dollar-to-token conversions, and tokens can be bought online or at retail terminals.

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University Researchers Turn to Blockchain to Preserve Cultural Heritage
16 July, 2018 18:00
A team from China's Tsinghua University has filed a patent application detailing a role for blockchain technology in protecting cultural heritage. According to a patent filing submitted in April and revealed on Friday, three faculty members of the university have developed a concept for a system that can store and share digital versions of culturally important objects using a blockchain.

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Slovakia’s Central Bank Building Gets Lit at Night With ‘Bitcoin Logo’ Projector by Angry Crypto Fans
16 July, 2018 08:00
On Thursday (12  July 2018), the building housing Slovalia's central bank, Národná banka Slovenska (NBS), as well as several other banks, in Bratislava, the country's capital, were briefly lit at night with a "Bat-Signal" type Bitcoin logo projector/spotlight as part of a stunt by a Slovakian cryptocurrency activist group.

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University Researchers Turn to Blockchain to Preserve Cultural Heritage
15 July, 2018 12:00
A team from China's Tsinghua University has filed a patent application detailing a role for blockchain technology in protecting cultural heritage. According to a patent filing submitted in April and revealed on Friday, three faculty members of the university have developed a concept for a system that can store and share digital versions of culturally important objects using a blockchain.

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Crypto Exchange Binance Backs Plans to Create First Decentralized, Tokenized Bank
13 July, 2018 18:00
The world’s second largest crypto exchange, Binance, is backing plans to create a blockchain-based bank with tokenized ownership. The future “Founders Bank” would be owned by digital token investors and be based in Malta, known for its robust and transparent crypto regulatory climate.

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Cartier Owner Richemont Plans to Track Diamonds With Blockchain
13 July, 2018 08:00
Richemont, the Swiss luxury goods giant that owns Cartier, is turning to blockchain in a move aimed to bring transparency to its supply chain.

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HTC Exodus Phone to Support Crypto Wallet, CryptoKitties, Instead of Native Blockchain
12 July, 2018 18:00
Electronics giant HTC will not be releasing a smartphone with a native blockchain network for crypto trading between users as previously announced. Instead, the company will introduce a smartphone containing a cryptocurrency wallet and CryptoKitties, the Ethereum-based decentralized application (DApp) game.

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Malta to Host ‘World’s First ICCO’ as Palladium, Bittrex Build New Crypto Exchange
12 July, 2018 08:00

Malta-based company Palladium will launch the world’s first so-called initial convertible coin offering (ICCO) with two partners including Bittrex. Palladium, which wants to build a regulated cryptocurrency exchange in Malta, will seek to distribute $150 million in tokens in the ICCO, scheduled to begin July 25.

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KBA: All Exchanges Meet Requirements
11 July, 2018 18:00

The Korean Blockchain Association (KBA) announced the results of their regulatory review of Korean exchanges. They found that all exchanges under review met at least the minimum requirements of the self-imposed regulations.

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London school of economics to offer online cryptocurrency course

11 July, 2018 08:00

The London School of Economics, a leading British research university with an esteemed reputation in politics and economics has taken a step into the world of cryptocurrency. According to reports the institution recently started offering an online course on digital currencies running under the name “Cryptocurrency Investment and Disruption.” The six-week course – whose first class starts in mid-August – is expected to provide students with practical knowledge on cryptocurrencies together with the “theoretical thought leadership for which LSE is renowned.”

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$24 000 000 were stolen from Bancor cryptocurrency exchange
10 July, 2018 18:00

Bancor, a popular cryptocurrency trading platform, recently fell victim to cybercriminals who stole about $24 000 000 worth of ethers by means of exploiting a vulnerability in wallet firewall.

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New CryptoKitty For Charity Released At Blockchain Summit Hosted By Richard Branson

10 July, 2018 08:00

CryptoKitties formed a partnership with ACTAI Global and Ocean Elders to create “Honu,” the world’s first “sea-loving CryptoKitty.” Honu was bred specifically to serve as an environmental ambassador to help protect the planet’s oceans and wildlife.

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This German Bank Offers Corporate Bank Accounts to EU Crypto Firms
9 July, 2018 18:00

Berlin, Germany-based solarisBank has received the licenses necessary to offer business banking accounts to Blockchain and cryptocurrency firms operating in the European Economic Area. Companies in the space can consequently open a ‘Blockchain Company Account’ using fiat currencies.

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IBM Signs a $740 Million Blockchain Deal with the Australian Government
9 July, 2018 08:00

Blockchain enticed IBM has signed a whopping $740 million deal with the Australian government. IBM will use their expertise in the Blockchain domain in building up tough data security for the land down under.

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6th richest Bitcoin [BTC] address activated on 1st July 2018
6 July, 2018 18:00
According to Bitinfocharts, the Bitcoin wallet address which was activated on 1st July 2018 is ranked among the top 10 richest Bitcoin [BTC] addresses. The wallet address is on the sixth position with a total of 8,5947.12 BTC, valued at $566 million, at press time. The addresses holding the most number of Bitcoin tokens belong to exchange platforms, including Bitfinex, Binance, Bittrex, Bitstamp, and Huobi.

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Founders of Turcoin “national cryptocurrency” were put under arrest and await trial
6 July, 2018 08:00

On July 2, Turkish law enforcers arrested the founders of Turcoin cryptocurrency on charges of fraud and running a financial pyramid. Turcoin was being promoted as Turkish “national” cryptocurrency. The cryptocurrency was issued by Hipper company, founded by Sadun Kaya and Muhammed Satıroğlu in 2017.

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Venezuela to Finance Villas for the Homeless with Oil-Backed Cryptocurrency Petro
5 July, 2018 18:00

Venezuela’s minister of Habitat and Housing, Ildemaro Villarroel, recently revealed that the country’s government is planning to finance the construction of villas using its oil-backed cryptocurrency, the Petro. The villas will be financed as part of the country’s housing project “la Gran Misión Vivienda Venezuela (GMVV),” which according to sources aims to give “homeless families a decent and accessible housing solution, using data provided by the community interested in solving the problem of family housing deficit.”

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President of Uzbekistan signed a decree on legalizing cryptocurrencies, blockchain and mining
5 July, 2018 08:00
A technological revolution is unfolding in Uzbekistan. The government has just legalized blockchain technologies, crypto assets and cryptocurrency mining. Soon, the country will see the introduction of blockchain to public administering system and the legalization of cryptocurrencies and cryptocurrency transactions.

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Viber considers launching its cryptocurrency in Russia
4 July, 2018 18:00
Rakuten Inc., which owns Viber messenger, plans to launch Rakuten Coin in Russia by 2019. According to the statement made by Viber’s CEO Djamel Agaoua, the company is now looking into the peculiarities of the Russian jurisdiction with the purpose of launching its own cryptocurrency.

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Philippes to issue 25 cryptocurrenc exchange licenses in economic zone
4 July, 2018 08:00
The Cagayan Economic Zone Authority (CEZA), a government-operated economic zone in the northern tip of the Philippines, will open its doors to as many as 25 cryptocurrency exchange operators in its tax-friendly jurisdiction. The move to license – effectively legalize – crypto exchanges will follow a strict integrity check, coinciding with wider regulations for the cryptocurrency sector. Each cryptocurrency exchange will be required to invest at least $1 million within two years of operations in the zone as well a physical presence via an office in the zone.

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Banks Conduct Cross-Border Trades on IBM-Powered Blockchain
3 July, 2018 18:00
A group of European banks has announced that they have completed a series of cross-border financial trades through a jointly developed blockchain platform. Built on IBM's Blockchain Platform, We.Trade was established by Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Société Générale and UniCredit, in a bid to boost the efficiency of cross-border financial transactions.

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New Clipboard Hijacker Malware Monitoring 2.3 Million Crypto Addresses
3 July, 2018 08:00
The crypto world is riddled with malware pitfalls created by bad actors looking for a free ride. Clipboard hijacking is just one of the many ways wallet addresses can be manipulated and its nothing new, but updated malware has recently been detected which is capable of monitoring 500 times as many addresses as viruses found in the past. Transferring cryptocurrency requires long and hard to remember wallet addresses which most people simply copy and paste from one application to another. Hackers recognize that the average user does this and have created malware which monitors Windows clipboards for cryptocurrency addresses. When one is detected its swapped out for an address they control.

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Bank of America Acknowledges Cryptocurrencies as a Threat to Their Business
2 July, 2018 09:00
In one what may be considered as the first time that a large financial institution has gone on record to claim that cryptocurrencies may be a threat to their business, Bank of America made several claims to this fact in an official filing with the Securities Exchange Commission. Bank of America recently filed a 10-K as part of its yearly filing procedures with the US SEC. In the report, the bank noted that they do acknowledge cryptocurrencies as a threat to their business.

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Bitfury will help Bermuda to build a blockchain-based land registry system
30 June, 2018 08:00
Bitfury Group has signed an agreement with the Government of Bermuda to add blockchain technology to the Island’s land-registry system. The memorandum of understanding advances Bermuda’s mission to improve government services for citizens by implementing blockchain-based solutions.

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Kaspersky Warns on Rapid Spread of Malicious Crypto Miners
29 June, 2018 18:00
Kaspersky Lab, the Russian cybersecurity company, said in a new report that ransomware attacks – where a malicious file locks a computer until a ransom is paid – have declined by nearly half as the perpetrators instead move to deploy crypto-mining malware instead. This is largely because crypto mining is now more profitable than ransomware, according to the report.

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Binance Set to Launch Its First Crypto-Fiat Exchange in Uganda
29 June, 2018 08:00
Changpeng Zhao, the CEO and founder of Binance, said the company is about to launch a crypto-fiat exchange in Uganda.  The new platform, Binance Uganda, will be the company’s first foray into fiat-crypto trading - supporting the Ugandan Shilling, alongside major cryptocurrencies - and is set to launch imminently.

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Coinbase CEO Unveils Crypto Charity for the Unbanked
28 June, 2018 18:00
CEO of cryptocurrency exchange Coinbase Brian Armstrong has announced the launch of a charitable initiative to “financially empower people by distributing cryptocurrency globally,” The non-profit initiative GiveCrypto intends to raise funds from crypto owners and distribute small amounts to people who live in emerging markets, more specifically to those going through financial crisis. According to the announcement, the initiative aims to “help people in need by sending money to them directly,” “advance real-world usage and benefits of cryptocurrency,” and “provide universal access to an open financial system.”

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US State Seeks to Confiscate $24 Million in Dark Web Bitcoin
28 June, 2018 08:00
The U.S. government is seeking to forfeit 4,000 bitcoins that were seized during a crackdown of vendors on darkweb marketplaces - an amount that worth over $24 million as of press time. According to an announcement published by the Department of Justice for the District of Maryland, the prosecutors indicted two men, who allegedly manufactured drugs and distributed them through darkweb marketplaces.

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Facebook Reverses Ban on Cryptocurrency Ads, Maintains Ban on ICOs
27 June, 2018 18:00
Facebook is reversing its ban on cryptocurrency advertisements and will now allow some preapproved advertisers to promote crypto businesses and services, like exchanges. Advertisers that are approved by Facebook through an application process can promote crypto products, though ads promoting binary options and ICOs, initial coin offerings, are still banned. Interested advertisers may have to show Facebook “licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business” in order to receive permission to run crypto ads.

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Good news!
27 June, 2018 12:30
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PBoC Filings Reveal Big Picture for Planned Digital Currency
27 June, 2018 08:00
The Digital Currency Research Lab at the People's Bank of China has filed more than 40 patent applications so far – all as part of an aim to create a digital currency combining the core features of cryptocurrency and the existing monetary system.

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EU Adopts new AML directive to combat cryptocurrency crimes
26 June, 2018 18:00
The European Union recently adopted a new anti-money laundering (AML) directive specifically targeting cryptocurrencies. It is the fifth AML directive of the EU, and aims to detect, investigate, and prevent financial crimes in the region. The directive tagged “Directive (EU) 2015/849” allows Financial Intelligence Units (FIUs) to access cryptocurrency wallet information. These security agencies will be able to identify the owner of a cryptocurrency address, based on this latest policy.

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London Becomes Home to World's First Crypto Sculpture
26 June, 2018 08:00
This week the UK is displaying the world's first public sculpture dedicated to the rapidly growing cryptocurrency ecosystem. "Crypto Connection - powered by Eidoo", created by contemporary artist Federico Clapis and commissioned by the multi-currency crypto wallet and hybrid exchange Eidoo, is an imposing three meter bronze statue that poses questions about the future of global financing and the impact cryptocurrencies will have on future generations.

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AlipayHK Opens Blockchain Remittance Corridor to the Philippines
25 June, 2018 18:00
Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba, has launched a blockchain-based cross-border settlement service for consumers. By integrating its AlipayHK in Hong Kong service with GCash – a Philippines-based mobile payment service – using blockchain tech, Ant Financial says the service will save users from having to go to intermediaries and that it will settle their transactions within "seconds."

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Bahamas Central Bank to Launch Pilot Digital Currency
25 June, 2018 08:00
The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency. Speaking at the Bahamas Blockchain and Cryptocurrency Conference, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the development of a fully digital payment service is “the way forward for this era of governance.”

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World’s Largest Sustainable Tuna Fishery Launches Ethereum Blockchain
24 June, 2018 11:55
Pacifical, world’s largest sustainable tuna fishery, will launch a blockchain initiative covering all its MSC (Marine Stewardship Council) certified sustainably caught tuna by the end of July 2018.

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Stanford Univ. Launches Blockchain Research Center, Supported by Ethereum Foundation
23 June, 2018 11:55
Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation. The university reportedly established the center in order to examine how blockchain technology can transform traditional business interactions, according to their official announcement.

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The Blockchain Global Summit 2018 will start on July 14 in Hong Kong
22 June, 2018 18:00
The Blockchain Global Summit 2018 will have a first stop on its global tour in Hong Kong on July 14. The event will be jointly hosted by Sanyan Blockchain and Bianews – two competitive blockchain media in China. They plans to invite the heads of blockchain organizations, celebrities, experts, technical geeks, and major investors all over the world to share, discuss and exchange various latest thoughts, technologies and development in an effort to accelerate the theoretical and technological innovation on Blockchain and drive the progress of the relevant industry

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IOST Blockchain Incubator Launches With $50 Million Fund
22 June, 2018 08:00
Bluehill, a startup incubator for global blockchain projects, launched after raising $50 million to support the IOST blockchain ecosystem. The firm said in a release that it is now taking in applications from startups on a rolling basis and on average invests $500,000 into a project with "both seed investments of $100,000 and follow-on investments in the low millions."

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Europol Taps Exchanges to Crack Down on Crypto Crimes
21 June, 2018 18:00
There has been an obvious correlation between cryptocurrency and online crime. Nipping this trend in the bud has proven to be extremely challenging as of late. To counter this ongoing threat, Europol is sitting down with European cryptocurrency exchanges. The goal is to crack down on further illicit activity in a more aggressive manner.

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IBM Introduces a Free Blockchain Program for College students in India
21 June, 2018 08:00
The rise of blockchain technology is fueling demand in relevant ability units, with institutes and international locations across the world launching instructional initiatives. The newest to introduce such a program is the Indian state of Tamil Nadu. In collaboration with American technology large IBM, India’s Nationwide Programme on Technology Enhanced Studying (NPTEL) launched a 12-week on-line course on blockchain structure, design and makes use of.

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Kenya's First Bitcoin ATM Up, Offers Instant Cash Purchases
20 June, 2018 18:00
East Africa's first digital currency automated teller machine has been installed in Nairobi, making it possible to buy bitcoins and litecoins instantly in cash. The ATM allows traders to buy the cryptocurrencies in small tokens for as low as $5, and pay for them in dollars or Kenya shillings.

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UBS CEO: Blockchain Is 'Almost a Must' for Business
20 June, 2018 08:00
The CEO of Swiss financial services giant UBS Group AG endorsed blockchain technology in an interview, suggesting that it is "almost a must" for business.

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Australia tightens control over the collection of taxes from cryptocurrency deals
19 June, 2018 18:30
After moving to request all cryptocurrency exchanges to report to the country’s watchdog agency, the Australia Taxation Office (ATO) will be collecting Capital Gains Tax (CGT) on cryptocurrency gains, essentially classifying them as assets.

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Mining Consumes Half as Much Power as BECI Estimates – Coinshares
19 June, 2018 08:00
A report published by Coinshares has found that the total energy consumption of bitcoin mining to be 35 tw/h, or roughly half of that produced by Mr. de Vries’ study based on Digiconomist’s BECI.The report finds that the bitcoin mining industry to be primarily fuelled by renewable energy sources, particularly hydropower.

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CoinsBank organizes a Mediterranean block cruise
18 June, 2018 18:30
From 7. September  to 11. September, 2018, for the third time, a 4-day cruise is planned, organized by CoinsBank. The cruise will bring together hundreds of crypto industry professionals, renowned thinkers and enthusiasts from all over the world, the main target is to accelerate the growth of the blocking community, fostering the formation of links between its participants.

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Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies
18 June, 2018 08:00
Ukrainians are increasingly aware of cryptocurrencies, and 13 percent of those using the Internet own digital coins, according to a new survey. The total of the daily turnover on the three leading cryptocurrency exchanges in the country currently reaches $2 million USD.  

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Oxford College Are Developing A College On The Blockchain
17 June, 2018 13:00
A crew of professors and researchers from Oxford College are working collectively to determine the worlds first Blockchain College. The crew are absolutely set on making certain that this new thought can become a real-world academic institution and already, the crew are seeking degree-granting powers from regulators inside the European Union.

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Walmart Awarded Patent for Crypto-Powered Energy Consumption Management System
15 June, 2018 18:00
U.S. retail giant Walmart has won a patent for the development of an electrical grid that will be powered by Bitcoin (BTC) or other digital currency, according to a patent application published by the U.S. Patent and Trademark Office (USPTO).

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In Bitcoin we trust: former Augur CEO founded a blockchain-based religion
15 June, 2018 08:00
Matt Liston, former CEO of the blockchain startup Augur, decided to establish “0xΩ” (“Zero Ex Omega”), his own religion based on blockchain. According to Liston, the fanaticism of keen blockchain supporters has much in common with religious beliefs. He is going to contribute to the development of new technologies by means of appealing to spiritual values.

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Russia will try a blockchain-based alternative to SWIFT system
14 June, 2018 18:00
Big financial and technological market players from Russian FinTech distributed ledger technology development Association (FTA) will test blockchain system prototypes designed for financial transaction reporting, alternative to SWIFT system.

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A 'Crypto Shopping Mall' Is Being Tested in Slovenia
14 June, 2018 08:00
A major shopping center based in Slovenia is widening a cryptocurrency payments pilot. BTC City Ljubljana, located in Slovenia's capital of Ljubljana, will allow a group of 150 people to use cryptocurrencies at 24 businesses located in the sprawling complex, which according to online materials boasts over 500 storefronts. Those include services for clothing and electronics as well as restaurants.

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Bitfury will develop a blockchain solution for personal data storage and processing
13 June, 2018 19:00
Bitfury Group will create a blockchain app which will aid businesses in complying with new EU regulations concerning the principles of personal data protection. This will be the world’s first technical platform designed to secure the risks associated with personal data processing.

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Irish Governmental Agency for Foreign Investment Leads Blockchain Development Initiative
13 June, 2018 08:00
IDA Ireland, a governmental agency responsible for attracting foreign direct investment (FDI), is leading an initiative to promote blockchain investment and development in the country. The IDA is set to launch the project “Blockchain Ireland,” that intends to promote the technology as well as to attract and collaborate with international companies working with blockchain technology.

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US Bank Wells Fargo Bans Crypto Purchases With Its Credit Cards
12 June, 2018 18:00
Wells Fargo, which is the third largest bank by assets in the US, said that its customers are now prohibited from purchasing digital currency on their credit cards issued by the financial institution.

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CME and BTC Exchange Dispute Led US Regulators to Open Price Manipulation Probe
12 June, 2018 08:00
Regulators from the US Commodity Futures Trading Commission (CFTC) reportedly demanded extensive trading data from several cryptocurrency exchanges. Regulators requested data in order to investigate whether manipulation might be compromising prices in digitalcurrency markets.

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Apple Store banned cryptocurrency mining apps
11 June, 2018 18:00
Apple Inc. has reconsidered its AppStore policy and officially banned all cryptocurrency mining applications at the AppStore. The new restrictions also cover all software designed for ICO promotion and token trading developed by organizations without proper licenses.

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Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote
11 June, 2018 08:00
The Swiss city of Zug will conduct a blockchain-powered trial municipal vote this summer. The event, which is scheduled to take place between June 25 and July 1, will reportedly be Switzerland’s first municipal vote using blockchain.

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$1.1 Bln in Crypto Has Been Stolen This Year
8 June, 2018 18:00
Cybersecurity company Carbon Black announced that roughly $1.1 bln worth of digital currency has been stolen in the first half of 2018.

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Andy Warhol Painting to Be Sold via Blockchain in ‘World’s First’ Crypto Art Auction
8 June, 2018 08:00
Blockchain platform Maecenas has announced, that it will hold the “world’s first cryptocurrency art auction”. The platform will be selling fractional ownership of Andy Warhol’s 14 Small Electric Chairs – worth $5.6 mln – at crypto-friendly UK fine art gallery Dadiani Syndicate on June 20.

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Konstantin Khabensky will launch a blockchain project for financing a movie filming
7 June, 2018 18:00
Russian actor and director Konstantin Khabensky launches his own blockchain-platform Cinematix to raise funds for film production. The blockchain-platform is intended to attract investments from Russia, United States, India and other Asian countries.

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Vietnam’s Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports
7 June, 2018 08:00
Vietnam’s Ministry of Finance (MoF) has proposed a temporary blanket ban on crypto mining hardware imports, alleging that crypto mining hardware can be used to launch new digital currencies that are “very difficult to regulate.”

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Fujitsu Rolls Out System That Turns Reward Points into Blockchain Tokens
6 June, 2018 19:00
Japanese IT giant Fujitsu says it has launched a blockchain-based data storage system that can be used by retail merchants to tokenize traditional promotional tools such as coupons and reward points.

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Cryptocurrencies Legalized as Commodities in Indonesia
6 June, 2018 08:00
Bappebti, the Indonesian Commerce Ministry’s Futures Exchange Supervisory Boards has legalized cryptocurrencies as commodities within the state. Bappebti’s directive comes even because the state’s central financial institution doesn’t acknowledge cryptos as technique of payments.

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Almost Half of Young Germans Are Interested in Cryptocurrency Investment
5 June, 2018 18:00
A study conducted by Postbank has found that in the 18-34 age group, 46 percent of Germans are interested in cryptocurrency as an investment.

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Netherlands' Land Registry to Test Blockchain Solution for Real Estate
5 June, 2018 08:00
The Netherlands’ Land Registry is expected to test blockchain technology for national real estate data and expects a blockchain solution will be integrated into its system “within one to three years.”

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Bullish BTC ads projected to 330,000 daily visitors in Times Square
4 June, 2018 15:00
Perhaps in an effort to break the bear run, Cointelegraph has been posting ads on Times Square. The ads are quite simple, posting and explaining slang terms like "To the moon: The thrill you feel when Bitcoin's price skyrockets," also explaining HODL and Nocoiner.

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Microsoft recently held talks to acquire software developer platform GitHub
4 June, 2018 08:00
Microsoft is reportedly talking about buying GitHub, a platform for software developers last valued at $2 billion.

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Japan's FSA Bans Private Cryptocurrencies
1 June, 2018 15:00
Japan’s Financial Security Agency (FSA) has announced that there will be an outright ban on all cryptocurrencies that provide a sufficient degree of anonymity. The ban will come into effect on June 18, 2018, and will impact trading of a few major cryptocurrencies that offer privacy-rich features. They include Monero (XMR), Dash (DASH), Augur's reputation token (REP), and ZCash (ZEC).

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Inventor of Beats Headphones Applies to SEC for $300 mln ICO
1 June, 2018 08:00
Embattled headphone manufacturer Monster Products Inc. has applied to U.S. regulators to launch a giant $300 mln Initial Coin Offering (ICO)

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TapJets Inc - The World's Largest Private Jet Instant Booking Platform - Adds Litecoin (LTC) as New Payment Option
31 May, 2018 18:00
TapJets, the private jet instant booking platform, has added Litecoin (LTC) as an approved form of payment, giving customers yet another instant payment option to augment traditional credit card payments and bank transfers. This new offering allows TapJets' customers to instantly book private flights from their smartphones and head to the airport while the blockchain transaction is completed in the background.

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Northern Philippine To Become a Blockchain and Cryptocurrency Hub
31 May, 2018 08:00
The Philippine government is trying to attract virtual currency, blockchain and fin-tech companies to the northern Philippines. There is an intention to transform this region in the next FinTech hub in Asia and attract offshore companies related to the technology sector.

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UK Financial Conduct Authority To Investigate 24 Cryptocurrency Companies
30 May, 2018 18:00
UK Financial Conduct Authority (FCA) announced it had launched an investigation into 24 #cryptocurrency companies due to potential price manipulation of several cryptocurrencies.

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UK hospitals starts "crypto addiction" therapy
30 May, 2018 08:00
Castle Craig Hospital in the Scottish county of Peeblesshire has begun offering the country’s first cryptocurrency “addiction” therapy as officials say Bitcoin represents a “classic bubble.”

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331 Japanese Cryptocurrency Investors Made at Least $1 Million in Profit Last Year
29 May, 2018 18:00
Mainstream media outlets in South Korea and Japan JoongAng and Nikkei have reported that the National Tax Agency (NTA) of Japan is fully aware that 331 investors in the Japanese cryptocurrency sector recorded a profit of $1 million through trading, generating more than $331 million in total.

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South Korea’s Biggest Cryptocurrency Exchange Will Ban Trading in North Korea and Iran
29 May, 2018 08:00
Bithumb, South Korea’s biggest cryptocurrency exchange has banned digital asset trading in North Korea, Iran, Iraq, Sri Lanka, and seven other countries that are considered as high-risk jurisdictions by the Non-Cooperative Countries and Territories (NCCT) Initiative.

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South African Authorities Investigate $80 Million Crypto Investment Scam
28 May, 2018 18:00
South African authorities are investigating a company called Bitcaw Trading Company for investment fraud following a loss of more than 1 billion rand (approx $80 million) affected 28,000 people

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London mosque will accept crypto for alms-giving
25 May, 2018 18:00
Shacklewell Lane Mosque in London could be Britain’s first to accept bitcoins and ethereum for alms-giving during Ramadan.  

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Clandestine miners from Orenburg paid over $1 000 000 in compensation to the energy company
25 May, 2018 08:00
Cryptocurrency miners from the Russian city of Orenburg, who were detained for the illegal consumption of a huge amount of electric power for feeding their mining farm, decided to cooperate with law enforcers and paid over $1 000 000 worth of rubles in compensation for the damages caused by their actions.

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European Parliament Takes Step Toward Embracing Distributed Ledger Technology
24 May, 2018 18:00
A committee in the European Parliament passed a resolution that could lead to the use of distributed ledger technology throughout the continent.

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Singapore Proposes Regulatory Boost for Decentralized Exchanges
24 May, 2018 08:00
The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, is proposing changes to existing regulations that would ease market entry for blockchain-based decentralized exchanges.

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BTCBIT.NET Exchange service warns!
23 May, 2018 19:00


Dear Customers!

Due to received messages from our customers, we pay your attention to increased fraud incidences from group of persons who are posing as representatives of BTCBIT.NET. Do not agree with false offers or some kind of mailing from companies that have similar names to ours. Scammers, using the company logo of exchange services BTCBIT.NET, as well changing one letter in the title or adding a symbol, thereby using similar names. Before responding on any offer or message, please check the accuracy of the name and contact details, which are listed on our website https://btcbit.net/ in the "Contact" section. Administration of the exchange service BTCBIT.NET will never ask for your personal data or passwords from your profiles.

Be careful and do not give in to the intrigues of scammers!

Sincerely,
BTCBIT Team.

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CFTC Issues New Guidance on Cryptocurrency Derivatives
23 May, 2018 18:00
The Commodity Futures Trading Commission (CFTC) released this new guidance on Monday, providing exchanges with a set of best practices to follow as they develop and launch these nascent cryptocurrency derivatives products.

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A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments
23 May, 2018 08:00
Argentina's Banco Masventas has revealed that starting Monday it will enable customers to send cross-border payments using bitcoin. 

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Bitcoin Pizza Day: How is Bitcoin Doing Eight Years Later
22 May, 2018 18:00
Bitcoin Pizza Day saw the purchase of Laszlo Hanyecz worth “only” around $83 million - much less compared to peak BTC prices. Spending 10,000 BTC eight years ago turned into one of the strongest memes of the cryptocurrency world.

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Canadian Regulator Warns Investors of Five Cryptocurrency Firms
22 May, 2018 11:00
The Ontario Securities Commission has issued a warning against five unlicensed crypto companies involved in schemes to encourage investors to trade or invest in cryptocurrencies. The regulator started gathering information about these platforms after receiving complaints about them.

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Crypto Utopia: Man-Made Floating Pacific Islands Will Accept Cryptocurrency
21 May, 2018 13:00
Startups Blue Frontier and Seasteading have issued their own cryptocurrency, which will be used on artificial floating islands, free from government restrictions.

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Bitfinex reminded to customers of the need to provide documents to the tax authorities of their countries
19 May, 2018 10:00
Bitfinex, an exchange famed for its opaque banking arrangements, has begun ordering its users to submit their tax details. The platform, which is registered in the British Virgin Islands, a known “tax haven”, will retain this information and may share it with tax authorities in their customers’ jurisdiction. The news has caused quite a stir. 

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Switzerland Formally Considers State Backed Cryptocurrency
18 May, 2018 18:00
Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study on the pros and cons of a Swiss “e-franc.”

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China Releases Cryptocurrency Grades: Ranks Ethereum 1st and Bitcoin 13th
18 May, 2018 08:00
The China government produced its public Blockchain and cryptocurrency ratings May 17, placing Ethereum top of the list, but Bitcoin only on 13th of 28 cryptocurrencies under inspection.

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First Facebook and Google, Now Bing Moves to Ban Cryptocurrency Advertising
17 May, 2018 11:00
Bing, search engine from Microsoft, will no longer shows ads for products related to cryptocurrency, including ICO and unregulated binary options

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HTC Plans to Ship a Blockchain Phone This Year
16 May, 2018 18:00
The Taiwanese electronics maker HTC on Tuesday unveiled the Exodus smartphone, which would serve as both a mobile connecting point to the world of decentralized networks and a storage device for those who want to carry their crypto in their pocket.

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HSBC bank completes its first blockchain transaction
16 May, 2018 08:00
UK-based HSBC Holdings, one of the world’s biggest international banking and financial services companies, has carried out its first blockchain transaction.

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Change of the legal entity of the exchange service "BTCBIT.NET"
15 May, 2018 12:00
Change of legal entity BTCBIT.NET in 2018 became a logical decision in the development of the exchange service.
Our company strives to simplify exchange possibilities for all users over the world, despite the regular changes in the global business environment. Our customer needs are changing aswell, that’s why our company becomes more developed and modern.

Current company requisites:
BTCBIT Sp. z o.o.
Reg. Nr. (KRS): 0000725294
Address: Ul. Transportowa, nr 11, lok. 7, Slubice, 69-100, Poland

Our target - strong and focused environment on clients, which corresponds to the modern world, where we live and work. It based on our main values:
• Availability of our financial service throughout the world;
• modern technologies;
• Innovativeness;
• Unlimited development;
• Constant motion;

Thank you for using our exchange service BTCBIT.NET

Sincerely,
BTCBIT Team

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LG Has Launched Its Own Blockchain Service Called Monachain
15 May, 2018 08:00
South Korean LG Corporation’s subsidiary LG CNS which supplies information technology services has launched its own Blockchain technology called Monachain. Monachain is designed to ease blockchain-based logistics in several fields like manufacturing, finance, and communication.

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The World Bank elaborated on the profitability of cryptocurrencies in Europe and Central Asia
14 May, 2018 18:00
The World Bank (WB) advises European and Central Asian countries to use blockchain technology in its new “Cryptocurrencies and Blockchain” report.

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Zimbabwe’s Central Bank Bans Financial Institutions From All Crypto Dealings
14 May, 2018 11:00
Zimbabwe’s central bank has recently banned domestic financial institutions from dealing with cryptocurrencies, reported local media NewsDay. According to the report, the Reserve Bank of Zimbabwe’s (RBZ) director and registrar of banking institutions Norman Mataruka issued a circular ordering all financial institutions to terminate servicing cryptocurrency exchanges within 60 days and begin to liquidate existing crypto-related accounts.

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Huawei launches a Bitcoin wallet for mobile phones
11 May, 2018 19:00
Huawei Technologies Co., a Chinese multinational communications technology company, has announced that mobile phone users will be able to download Bitcoin (BTC) starting May 11. Huawei is releasing BTC.com’s Bitcoin wallet in its AppGallery app store, which will be pre-installed on all new Huawei smartphones.

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Xapo startup keeps $10 000 000 000 worth of bitcoins in a Swiss military bunker
11 May, 2018 08:00
Cryptocurrency wallet and cold storage provider Xapo now holds about 7 percent of the world’s bitcoin reserves worth $ 10 000 000 000 in a decommissioned Swiss military bunker. The total amount stored at Xapo’s premises exceeds the deposits kept in 98 percent of U.S. banks taken together.

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French artist collected 0.11 BTC in donations through adding Bitcoin QR-code to his works
10 May, 2018 17:00
French street artist Pascal ‘PBOY’ Boyart has been marking his #artworks with QR-codes linking to his Bitcoin wallet. As a result, the donations amounted at $ 1000 worth of bitcoins (roughly 0.11 BTC) in half a year period.

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Popularization of cryptocurrency, using cryptocurrency ATMs
9 May, 2018 18:00
Bitcoin Automated Teller Machines (ATMs) keep on spreading across the world, their total number already being close to 3 000.

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Ethereum Classic announced hard fork aimed at removing the difficulty bomb
9 May, 2018 12:30
The developers of Ethereum Classic announced a hard fork, the purpose of which will be to remove the so-called “difficulty bomb”.

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BMW Test Drives Blockchain for Car Mileage Tracking
8 May, 2018 19:00
Global auto giant BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program.

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South Korean Top Regulator Considers Easing Cryptocurrency Regulations
8 May, 2018 10:00
The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector.

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Cardano Signs Agreement with Ethiopian Government to Introduce Blockchain Technology to Agritech
7 May, 2018 12:00
The Ministry of Science and Technology of Ethiopia and one of the most important blockchain platforms, Cardano, has signed a Memorandum of Understanding (MOU). According to the document, the company helps Ethiopian developers to introduce the blockchain into the information processes of the agricultural sector.

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Alibaba Group Holdings LTD lawsuit is rejected
2 May, 2018 12:00
A U.S. us federal judge rejected Alibaba Group Holdings Ltd.’s move to block Dubai cryptocurrency firm Alibabacoin Foundation. In his ruling judge said it failed to show that the use of the Alibabacoin name would hurt its business prospects.

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World leaders in the cryptocurrency trade.
2 May, 2018 12:00
Thanks to its well-defined regulatory framework, Malta now accounts for the largest share of cryptocurrency trading volume in the world. The top 5 countries by cryptoсurrency trade volume are, in order, Malta, Belize, Seychelles, the US and South Korea, whereas the countries that are home to the largest number of exchanges are the UK, Hong Kong, USA, Singapore and Turkey.

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Donation collection through mining
1 May, 2018 11:20
The United Nations Children's Fund (UNICEF) is seeking to harness supporters' computers to raise donations via cryptocurrency mining. To that end, the organization has launched "The Hope Page" - a website that mines cryptocurrency with the help of visitors' computer processing power.

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Signing a Memorandum of Understanding
30 April, 2018 11:05
Bermuda’s Premier David Burt has signed a memorandum of understanding (MOU) with Binance Group. The MOU states, the Binance Foundation provide up to $10 million of university training in Bermuda in blockchain technology development.

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Increased demand for mining chips
27 April, 2018 10:50
Samsung Electronics has reported 58 percent year-on-year growth in its operating profits for Q1 2018 - an increase driven in part by strong demand for cryptocurrency mining chips.

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Modum blockchain integration
26 April, 2018 11:00
Switzerland’s national postal service Swiss Post will integrate a blockchain-based solution developed by industry startup Modum in deliveries of pharma shipments and other temperature-sensitive products.

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China's negative position with regards to ICO and cryptocurrency
25 April, 2018 11:15
The Chinese government has recently reiterated its negative stance towards ICOs and cryptocurrency exchanges, claiming that financial authorities will continue to monitor private lenders’ interest rates to combat illegal fundraising.

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