Future Tech And Its Transformative Potential: Rafal Szymanski’s Expert Take

Rafal Szymanski dives deeper into future tech such as AI, virtual reality, augmented reality, and, of course, blockchain, and explains how they are already proving their worth. Virtual Reality: A Paradigm Shift So far, our overall experience with the world of internet has been two-dimensional at best. The closest we’ve come to interact with this […]

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Japan’s Biggest Bank Will Use Ripple for Cross-Border Payments to Brazil

Japan’s biggest bank MUFG and Brazil’s Banco Bradesco are to collaborate on a new cross-border payment service based on Ripple technology. Memorandum of Understanding The two banks signed a Memorandum of Understanding (MOU), agreeing to co-develop the system. Mitsubishi UFJ Financial Group is Japan’s largest banking group and recently announced it would launch its own […]

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CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim […]

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Without a Digital Currency, Sweden Faces the Privatization of Money

Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future […]

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How To Mine Bitcoin More Efficiently…Use An Actual Mine in Norway

Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a costly business, both in financial and ecological terms. But Northern Bitcoin claims to have cut their price and energy costs by utilizing a former metal […]

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Decentralized Exchanges Can’t Escape the SEC, Warns Its Cyber Chief

The U.S Securities and Exchange Commission (SEC) has filed charges in the first-ever case involving a decentralized Ethereum-based exchange. The head of the SEC’s new cyber unit has followed with a warning that decentralized exchanges must be compliant as well, adding that creators will be held responsible. On November 8, 2018, the SEC brought charges […]

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After Midterm Elections, ‘Experts’ Vehemently Oppose Blockchain Voting

After this week’s highly-fraught midterm elections, some commentators believe that blockchain is more useless than ever for voting. After Tuesday’s crucial midterm elections, commentators — many of them academics and researchers — reinforced the importance of traditional voting methods, offering a strong critique blockchain. Midterm Voices   NBC’s Jasmin Boyce reported on a number of voices that […]

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A Few Lessons From Facebook On Blockchain Mass Adoption

Chris Hughes became super wealthy thanks to his Facebook stock. Now, this entrepreneur from Silicon Valley wants to restore the middle class, and believes this can be done through his idea. His new book, Fair Shot, outlines a guaranteed income for the poor in the US. “Most Americans cannot find $400 in the case of […]

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Charlie Shrem Wins Latest Battle in Winklevoss Twins $32M Lawsuit

Charlie Shrem scored an important first goal in his ongoing legal match against the Winklevoss twins. A judge has lifted a previous order which froze Shrem’s assets, in the $32 million case. The Mighty Thaw As Bitcoinist reported last week, the Winklevii are pursuing Shrem for $32 million dollars over an alleged 5,000 stolen bitcoin. […]

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Trezor Model T Now Supports 10 More Cryptos Including Monero, Ripple

Popular cryptocurrency hardware wallet Trezor has introduced two firmware updates on both of its models – Trezor Model T and Trezor One. The move comes shortly after the wallet enabled its users to exchange directly through its interface. Trezor Model T Supports More Cryptocurrencies According to the official release, the new firmware for Trezor Model […]

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