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Posts published in “Blockchain”

Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

Bitmain Woes

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil.” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. The 23 employees at the Ra’anana site will not be

The post Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame appeared first on Bitcoinist.com.

‘You Will Be Kicked Out’ – China Officially Bans Security Token Offerings (STO)

The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies.  China: STO is ‘Illegal Financial Activity’ In continuation of its crackdown on digital currencies, China’s central bank has officially halted security token offerings, South China Morning Post reports. Speaking at an internet finance forum in Beijing, Pang Gongsheng, deputy governor at PBoC, said: The STO business that has surfaced recently

The post ‘You Will Be Kicked Out’ – China Officially Bans Security Token Offerings (STO) appeared first on Bitcoinist.com.

A Southern European Blockchain Bloc Has Formed. What Next?

This week, officials from seven European Union nations issued a joint statement declaring their intentions to individually and collectively undertake further embraces of blockchain technology. The officials hailed the “enormous potential for growth in the digital sector” as a principal driver of the campaign. Will the new European blockchain bloc inspire other E.U. nations to …

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The post A Southern European Blockchain Bloc Has Formed. What Next? appeared first on Bitsonline.

Coinbase CEO: Crypto in VR is the Next Big Application of Blockchain

Either it will be the best thing the crypto world will ever experience or a farce in the name of the best thing the world will ever experience. That’s pretty much the discussion around virtual reality (VR), a technology which allows humans beings to experience an immersive illusion of being somewhere else. Many Hollywood blockbusters,...

The post Coinbase CEO: Crypto in VR is the Next Big Application of Blockchain appeared first on NewsBTC.

Elevate Health Says People Can Live Longer With Blockchain Rewards

Should health insurance agencies offer incentives for “good behavior?” How would they monitor this? Bitsonline spoke to Simon Lewis of Elevate Health about “lifestyle illnesses,” how they’re a huge drain on national healthcare systems and the insurance industry — and how his company could help people save money (and their lives) by avoiding them. Also …

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PayPal Blockchain Experiment: a Token for Internal Company Rewards

Online payments giant PayPal has launched an in-house reward system for its employees that’s underpinned by a blockchain and an associated token. The token, which can’t be redeemed for cash but can be traded within the company, is aimed at giving PayPal employees perks and hands-on experience with distributed ledger tech.  Also see: After Hash War …

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Now’s the Time for Blockchain Companies to Deliver: Gabriel Yang of Beyond Blocks

“For a market that’s crashing, the vibe seems to be very good.” Bitsonline spoke to Beyond Blocks CEO Gabriel Yang in the closing stages of his company’s Summit Bangkok in Thailand last week. How do event organizers maintain a positive attitude at a time when many investors are turning away from blockchain and crypto? Or …

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Despite Evidence to the Contrary, Joseph Lubin Claims Ethereum Adoption Growing

Joseph Lubin, co-founder of Ethereum and founder of ConsenSys claims Ethereum adoption is growing rapidly. Is he looking at the same metrics as everyone else? Also see: How Thailand Is Staying Ahead by Regulating ICOs and Blockchain Investments Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Ethereum Adoption Boom? A Bit Too …

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The post Despite Evidence to the Contrary, Joseph Lubin Claims Ethereum Adoption Growing appeared first on Bitsonline.

Six EU Nations Sign Agreement to Regulate Distributed Ledger Technology (DLT)

EU DLT European Union

The Government of Malta this week announced the signing of a joint declaration of cooperation on Distributed Ledger Technologies (DLT). They joined a group of six other Southern European countries; France, Italy, Portugal, Spain, Greece, and Cyprus. Transformative Technology The countries released a joint-statement noting a shared view that the digital sphere is an ideal policy area for future cooperation. It also claims that DLT (a.k.a. blockchain technology) and other emerging technologies, such as 5G

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U.S. Department of Homeland Security Blockchain Consideration Grows

The Department of Homeland Security’s (DHS) research and development unit, the Science and Technology Directorate (S&T), has launched a Preventing Forgery and Counterfeiting of Certificates and Licenses program. The initiative will focus on the potential of blockchain in curbing forgeries and fraud in the government sector. Also see: As Binance DEX Nears, Changpeng Zhao Says ‘Instant …

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