Elon Musk and Jack Dorsey have a lot in common. Both are genius tech entrepreneurs and both are at the helm of multiple companies – Twitter and Square for Dorsey and Tesla, The Boring Company, and SpaceX for Musk. But only two out of three publicly traded companies named are beating the S&P 500, while
Month: July 2019
Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity. “Before ethereum, developers had to design
On July 31, the U.S. Federal Reserve and its chairman Jerome Powell officially announced a 25-basis point cut. The U.S. stock market and the S&P 500 reacted with a sharp correction, indicating that the rate cut has been priced into the equities markets. The S&P 500 has dropped by more than one percent following the
According to CoinDesk, LedgerX has launched the first physically-settled Bitcoin futures contracts in the US. The news comes at a time when Intercontinental Exchange’s Bakkt and TD Ameritrade’s ErisX have struggled to launch amid regulation issues. LedgerX Launches Bitcoin Futures Contracts LedgerX is now the first Bitcoin futures provider in the US that offers physical
A stablecoin project for the marijuana industry has joined a Arizona fintech sandbox. According to Arizona’s Attorney Generals Office, startup Alta was accepted into the office’s fintech program. The seventh startup to join to date, Alta is looking to address the banking needs of a $350 million statewide industry. Current federal regulations prohibit bank involvement
A judge has struck down a libel lawsuit against Roger Ver, an early bitcoin investor, that was filed by Satoshi Nakamoto claimant Craig Wright. Wright alleged that Ver defamed him in a YouTube that was published in mid-April, in which Ver denounced Wright’s claim to be bitcoin’s anonymous creator, Satoshi Nakamoto. The video was also
So it appears that gamers may be getting a new Hitman installment at some point. Following the success of developer IO Interactive’s Hitman 2 in 2018 on Xbox One, PlayStation 4, and PC, a statement from IO Interactive’s Hakan Abrak suggests that a Hitman 3 lies ahead. In a documentary by Noclip called “The Fall
Bitcoin Cash (BCH) development continues as software engineers have revealed two distinct concepts that aim to boost the BCH network. Bitcoin Cash developer Tom Zander has announced new documentation concerning the vision of a double-spend proofs, which now exists as a pull request to the alternative BCH implementation Flowee the Hub. Additionally, Electron Cash developer
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Like. Comment. Subscribe. Which country will embrace Bitcoin first?? 👀 Had fun on @SquawkCNBC with @andrewrsorkin @MelissaLeeCNBC @JoeSquawk @Melt_Dem and @elerianm this morning. Give them each a follow! pic.twitter.com/Ic3XD5osIe — Pomp 🌪 (@APompliano) July 30, 2019 Singapore Could Embrace Bitcoin First, Pompliano Tells CNBC https://dailyhodl.com/2019/07/30/td-ameritrade-veteran-steers-launch-of-new-crypto-exchange/ https://www.cnbc.com/2019/07/30/bitcoin-blockchain-launches-crypto-exchange-to-take-on-coinbase.html Chairman Crapo: "I’m pretty confident we couldn’t succeed" in
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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. EO coin showed bullish sentiment this July on the back of numerous new pairs being listed on EO.Trade
A Canadian judge approved more than $1.6 million in fees for firms that are seeking to recover funds from the now-defunct Canadian crypto exchange QuadrigaCX. Nova Scotia Supreme Court Judge Darlene Jamieson ruled Wednesday that all activities undertaken and fees incurred by Ernst & Young (EY), Stikeman Elliot (EY’s legal counsel), Kirkland & Ellis (EY’s
Craig Wright, who desperately wants you to believe that he created Bitcoin, made an appearance at an event hosted by the Financial Times this past Friday. Vaudeville, the organizers said, is “where film noir meets performance finance.” Craig Wright Berates Audience, Promises to Donate $8 Billion from Satoshi Hoard FT’s own Jemima Kelly referred to
Kyoto University and the University of Tokyo have joined Ripple’s University Blockchain Research Initiative (UBRI) per CoinDesk Japan. The 2018 program now boasts 33 participants including Princeton University, Carnegie Mellon, and the National University of Singapore, among others. Ripple committed $50 million toward the project to develop blockchain, cryptocurrency, and digital network programs. Funds sent
A rule embedded within litecoin’s (LTC) code is set to soon reduce rewards for the miners who today ensure transaction processing on the world’s fourth-largest blockchain by total value. In approximately five days, litecoin will undergo a scheduled reward halving – a process aimed at preserving cryptocurrency’s purchasing power. The mining reward is currently set at 25 litecoins ($2,500)
The US Federal Reserve is expected to cut the target interest rate on Wednesday for the first time since the global financial crisis a decade ago. This policy shift is gasoline for bitcoin. To cut rates, the Fed will increase the supply of US dollars, thus cannibalizing its value. It’s a stark reminder that fiat
The regulated spot and futures crypto exchange Kraken announced a wire service through Etana Custody that will allow users to transact in U.S. dollars, euros, Canadian dollars, British pounds, and Japanese yen from anywhere in the world. Though the new feature is available immediately to Kraken’s Intermediate and Pro clients, across nearly 180 countries, it requires
The National Basketball Association (NBA) and Dapper Labs are teaming up to announce the launch of a digital platform for blockchain-based collectables, NBA Top Shot. According to the companies, fans of the game can buy, sell, and trade digitally collectable in-season moves like “Kevin Durant’s 3-point shot or Joel Emiid’s dunk.” Digital collectables can be
The China Electronic Information Industry Development (CCID) that operates directly under the Ministry of Industry and Information Technology, released its latest crypto rankings, excluding bitcoin from the top 10. In May, as reported by CCN, the CCID ranked bitcoin as 12th in the Global Public Blockchain Technology Assessment Index, placing blockchain protocols with significantly smaller
Russia’s second largest airline is touting the benefits of blockchain technology after a ticketing platform it developed raked in over $1 million in a month. According to an announcement from S7 Airlines on Wednesday, the positive figure for July is poof that blockchain tech can be of benefit at boosting businesses’ sales. “Thanks to this new technology,
The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U.S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission. The cryptocurrency mining rigs maker is seeking to raise approximately $200 million from
CALABASAS, CA (July 31, 2019) – Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.com’s booking engine from their mobile app. The partnership will help crypto travelers find the best deals on flights and hotels
B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3’s Corda platform. Revealed Wednesday, the release of B3i’s v1.0 of its Property Catastrophe Excess of Loss Reinsurance product comes a year after the firm’s announcement that it would use Corda to build its future products. The
Amsterdam, Netherlands — July 30, 2019 — Dusk Network, the privacy-oriented blockchain protocol, has announced the public release of its Testnet (Shin 殉星). Testnet Shin features the first-ever implementation of private Proof of Stake, made possible by the novel Segregated Byzantine Agreement (SBA) consensus protocol and zero-knowledge cryptography. With the release of their Testnet, the
Canaan Creative, the major bitcoin miner manufacturer, is said to have confidentially filed for an IPO in the U.S. According to a report from IFRAsia on Wednesday citing “people with knowledge of the matter,” the Hangzhou, China, based firm is seeking to raise $200 million via the public listing. A report from Bloomberg in January, also suggested Canaan’s
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete. Also read: Calls Intensify for Indian Government to Regulate Cryptocurrency Finance Minister
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China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects ranked. Also read: G20 Leaders Issue Declaration on Crypto Assets –
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