[promoted] GXChain and the Blockchain Data Economy

Imagine a new digital economy, one that allows everyday people to take full control of their personal data. Complete with a public chain for data transactions and application development, this system would foster a trustworthy, domain-wide data exchange that capitalizes on the torrent of advancements taking place through blockchain technology. дальше »

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Bitcoin Mining Company Long Blockchain has moved into the Loyalty Market

Long Blockchain Corp. , the drinks manufacturer turned blockchain startup, announced that it had again changed its line of business and will now also focus on loyalty schemes, local news outlet Long Island Business News reported July 31. дальше »

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Largest Crypto Miner To IPO In Hong Kong

This week, it was reported that the co-CEO of Bitmain Technologies, the world’s largest cryptocurrency mining company, has revealed plans to conduct an initial public offering in Hong Kong. The IPO would give early investors, including Sequoia Capital and IDG Capital, an opportunity to cash out. дальше »

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South Korean authorities are investigating a possible crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck. дальше »

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Binance Exchange is Acquiring Cryptocurrency Wallet Provider Trust Wallet

Binance is Buying Crypto Wallet Provider Trust Wallet Binance, one of the world’s largest crypto exchanges, just made its first acquisition. The company is purchasing crypto wallet provider and decentralized application browser Trust Wallet. дальше »

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Sky Mining CEO Disappears With $35 Million, Claims Medical Issues

The CEO of Vietnam-based mining platform Sky Mining has allegedly disappeared with over $35 million in company and investor funds, claiming that medical issues have required him to temporarily leave the country. дальше »

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Crypto mining applications are no longer being accepted by the Washington Utility

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before дальше »

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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds after Citing Low Profitability and Rising Expenses

The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »

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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses

The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »

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What is crypto done in the meeting?

The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. Tam told investors to go дальше »

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Pantera Capital Reports Lifetime Return of More Than 10,000%

Major cryptocurrency investment firm, Pantera Capital, has reported a lifetime return of more than 10,000% on its fund. The company has announced the impressive return in celebration of its five-year anniversary. дальше »

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Google Bans Crypto-mining Apps on Play Store, Changes Developer Policy

A radical change in the Android Developer Policy by Google has now outlawed crypto-mining apps, aside from cracking down on repetitive content. The changes were first reported by Android Police, and these changes suggested that the company has a very critical point of view on crypto mining and would not allow it on their devices. дальше »

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Complete refunds guaranteed by a ICO platform after being involved in a $7 million hacking incident

Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. CEO Anti Danilevski wrote in a blog post that the startup’s team discovered some 70 million KICK tokens missing from its wallet after the KickCoin smart contract owner’s private key was compromised. Several users’ wallets дальше »

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ICO Platform Promises Full Refund Following $7 Million Hack

Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported.  дальше »

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Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada

In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […] The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News. дальше »

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Mike Novogratz’s Galaxy Digital Posts Multi-Million Dollar Losses in Q1 of 2018

Billionaire cryptocurrency investor and owner of Galaxy Digital, Mike Novogratz, has reported company losses totaling $134 million in Galaxy Digital’s quarterly disclosure. The report details $85. дальше »

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Etherscan Successfully Stops Suspected Hacking Attempt

BlockExplorer tech company Etherscan has announced in a Reddit Post today, July 23rd, that a suspected hacking attempt was made on their network and has been subsequently stopped. All user funds are reported at this time to be safe. дальше »

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Xiongan calls in ConsenSys to bring blockchain technology to China, transforming dusty landscape into dream city.

China’s Xiongan New Area government has signed a Memorandum of Understanding (MoU) with ConsenSys to bring blockchain technology to the “smart city,” the South China Morning Post reported July 23. ConsenSys, a blockchain software technology company focusing on Ethereum (ETH) development, has confirmed they will advise the Xiongan government on blockchain and software solutions in дальше »

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Binance Plans to Enter South Korea

Binance, the world’s largest cryptocurrency exchange by trading volume, is purportedly about to enter the South Korean market.   Binance Expanding to South Korea The world’s most popular cryptocurrency exchange is supposedly planning to continue its expansion by entering the South Korean market, according to Business Korea. дальше »

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Samsung outs its upcoming Galaxy Watch by accident

Samsung may have just spilled (some of) the beans on its next wearable: CNET reported that it spotted a listing for the Galaxy Watch on the company’s site for a brief while. Sadly, there’s not much else to dig into, especially now that the page has been taken down. дальше »

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Etherscan Successfully Stops Suspected Hacking Attempt

BlockExplorer tech company Etherscan has announced in a Reddit Post today, July 23rd, that a suspected hacking attempt was made on their network and has been subsequently stopped. All user funds are reported at this time to be safe. дальше »

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Crypto Custodian Services to Launch in Hong Kong

A prominent South East Asia-based fund management company is considering the launch of a cryptocurrency custodial service targeting regional institutional investors. The Demand for Cryptocurrency Custodians As reported by South China Morning Post on July 22, 2018, the Singapore-based Fusang Investment Office is planning to offer cryptocurrency holding services after clients expressed rising interest in […] The post Crypto Custodian Services to Launch in Hong Kong appeared first on CryptoSlate. дальше »

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The Ukraine Financial Stability Council supports the Kriptokorons company’s regulatory conception

The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. дальше »

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JAPAN: The domestic affair minister Crypto-refuses to involve government intelligence involvement

Japan’s Internal affairs minister Seiko Noda has denied her involvement in a government investigation into the operation of a non-registered cryptocurrency exchange, local news outlet the Asahi Shimbun reported July 19. дальше »

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Hyperloop TT strikes deal to build test track in China

Hyperloop Transportation Technologies (HTT), a crowdsourced enterprise, has struck a deal with China to build a test track in the Chinese province of Guizhou. Engadget reported that the track will cover a distance of 10 km. дальше »

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Messaging App, Kik, Debuts Kinit For the First Time

Canadian messaging application Kik has launched its first beta product called Kinit, which is related to the company’s Kin token, TechCrunch reported July 18. The ICO for the Kin token concluded in September 2017, having raised almost $100 million from more than 10,000 participants in 117 countries. Kinit is a wallet app designed for active дальше »

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90% of Canadian Company Rivemont Crypto Fund’s Assets Held by Fiat

Canada-based Rivemont Crypto Fund, run by a portfolio management firm Rivemont Investments, holds around 91 percent of its $2. 3 million of assets in fiat currency, with only 9 percent in Bitcoin (BTC), Bloomberg reported July 17. дальше »

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Civic (CVC) Acquires Identity.com, Future Crypto-Based Personal Data Marketplace

Blockchain identity startup Civic just acquired Identity. com. The startup plans to turn the domain into a personal data marketplace powered by blockchain technology and cryptocurrencies. As reported by Coindesk, Civic purchased the domain for an unidentified sum of money. дальше »

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Kodak ‘KashMiner’ Deemed A Scam By Critics And The SEC

One of the world’s foremost news sources, the British Broadcasting Company, recently reported that a Kodak-branded “Bitcoin miner” has been found to be a scam by critics and experts on the matter. дальше »

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Hong kong Block chain Finance Trade

Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT дальше »

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Rolls-Royce unveils its concept for a hybrid flying taxi

The race to launch flying taxis hotted up over the weekend, as Rolls-Royce revealed its interest in designing one. Fun fact: it’s not the luxury car brand from the UK that you’re thinking of. It’s actually the parent company that shares the same name that made the announcement. дальше »

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No.2 Korean Exchange Bithumb Enters Into The Japanese And Thai Market.

Exchanges One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working on obtaining regulatory approval from the Thai Securities and Exchange Commission (SEC), local media reported Friday. дальше »

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Bank Must Resume Business With Crypto Exchange Orionx According to Chilean Court

Chilean Court of Appeals has ruled in favor of crypto exchange Orionx, resolving that the state-owned bank Banco Estado should reopen the company’s deposit account, local news outlet La Tercera reported July 12. дальше »

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BitMOR: South Dakota’s Bitcoin Mining Business To Sell Crypto Equipment

As reported by Argus Leader, BitMOR sells equipment and services for crypto mining activities. BitMOR is a new cryptocurrency mining company that sells mining equipment to interested individuals and companies in the region (South Dakota). дальше »

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The Surface Phone isn’t being killed, just ‘significantly reworked’

It’s been a whirlwind month for rumors on Project Andromeda, better known as the quasi-mythical Surface Phone. First the Verge reported it was coming soon. Then Mary Jo Foley from ZDNet said to not expect it this year – or maybe ever, leading to a petition to save Andromeda that has thus far garnered over 15,000 signatures. дальше »

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Elm And IBM To Work Together To Deploy Blockchain Solutions In Riyadh

Saudi company Elm is going into a partnership with IBM to facilitate the implementation of blockchain in Riyadh municipality. ITP.net, a Dubai-based news agency reported on Wednesday that Riyadh municipality would be going into a partnership with US technology Giant IBM to enable the implementation of the blockchain technology in payment and government services. Riyadh […] дальше »

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Fully autonomous trains are better suited for moving ores than people

Australian mining company Rio Tinto’s high-tech train completed the first fully autonomous delivery of iron ore in Western Australia’s Pilbara. The autonomous train, consisting of three locomotives, carried about 28,000 tonnes of iron ore across 280 km from the company’s mining operations in Tom Price to the port of Cape Lambert on July 10. дальше »

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The main Korean logistics company connects Blackhawe to Lotte Transport Alliance

South Korea’s Lotte Global Logistics, a major Seoul-headquartered logistics and shipping firm, has joined the Blockchain in Transport Alliance (BiTA), FreightWaves reported Monday, July 9. The BiTA trade association was formed in 2017 to popularize and develop blockchain applications in the transport and logistics industries, as well as to establish industry standards for adoption of дальше »

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Google ‘Already Failed to Be on the Bleeding Edge’ of Blockchain Technology

Google co-founder Sergey Brin claimed that the American multinational technology giant failed to put itself at the forefront of what many hail as the next great technological revolution — blockchain technology. дальше »

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MyEtherWallet [MEW]: Most popular VPN service hacked again

MyEtherWallet [MEW], one of the most successful services on the internet for managing cryptocurrencies, has suffered a security breach yet again. MyEtherWallet’s tweet | Source: Twitter The company reported that Hola, a widely-used VPN service, was compromised for a period of five hours. дальше »

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The Czech company announces the $ 100 million Venture Fund for Israeli companies

Investment banking firm Benson Oak revealed it would pump “around $100 mln” into Israel-based startups with an “emphasis” on blockchain, local Israeli news outlet the Jerusalem Post reported today, July 9. дальше »

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Future Utopias in a Blockchain World

Cryptocurrency run ‘utopias’ are popping up on both land and sea. These blockchain backed projects, outfitted with sustainability technology, paint a possible look into the future. On Land: Bitcointopia in Nevada Local news outlet The Nevada Independent, reported today that Bitcointopia, Inc. дальше »

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Facebook hires new ‘director of blockchain’ – will Facebook create a cryptocurrency?

The social media giant named Evan Cheng as its first Director of Engineering, Blockchain, TechCrunch reported. Cheng has been part of Facebook since 2015, according to his personal LinkedIn profile. дальше »

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Facebook Director of Engineering transfer to same posture at Company’s Blockchain

Evan Cheng, Facebook’s Director of Engineering of three years, has now moved to the same position at the company’s recently established blockchain team, TechCrunch reported Friday, July 6. The software engineer has updated his LinkedIn profile to reflect the newly acquired position, and the change has also been confirmed to TechCrunch by Facebook. Prior to дальше »

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FedEx company partners use Pharmacist Black Pharmacy for cancer medicine

The FedEx Institute of Technology has announced its partnership with pharmacy services company Good Shepherd Pharmacy to develop new blockchain-based infrastructure to help cancer patients get medications, news outlet Commercial Appeal reported July 6. дальше »

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Bitcoin [BTC] mining company Bitmain completes Series B funding round, alleged IPO to follow

According to sources, Bitmain, the Chinese Bitcoin [BTC] mining company, has recently closed a Series B funding round. This values the firm at $16 billion. The news emerged from the Chinese business media outlet Caixin, which reported earlier today that Bitmain had new equity funding. дальше »

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Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […] дальше »

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Square Confirms Withdrawn Application to the FDIC

On July 5, it was confirmed that Square Inc. had withdrawn its application to open a new depository bank, but said it will refile later this year with the Federal Deposit Insurance Corp. However, its application with the Utah Department of Financial Institutions remains active. дальше »

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Japanese Man Free Company Electricity $ 500 Mutual Inc Mining

Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing дальше »

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