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Author: Bitcoinist

Walmart to Suppliers: Start Using Blockchain to Track Lettuce

Walmart to Suppliers: Start Using Blockchain to Track Lettuce

Retail grocery giants Walmart and Sam’s Club are asking lettuce suppliers to put data about the vegetable’s supply chain on blockchain within the next year. In the wake of disease outbreaks that have amplified consumer concerns about food safety, executives at Walmart and Sam’s Club have made the decision to fight back against food contamination with blockchain. According to a September 24th blog post from Walmart, both grocery chains asked lettuce suppliers via letter to

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Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentiment

Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentiment

Chris Kline, co-founder and COO at Bitcoin IRA, identifies the signs that lead him to predict Bitcoin price will reach USD $40,000 in the next few months. Kline: Bitcoin Price Might Surpass USD $40,000 by the End of 2018 Bitcoin’s (BTC) sustained steady rise towards the USD $7,000 price mark is causing investors to pore over data trying to identify indicators that can confirm whether the bearish trend is now reversing course. In a Forbes article,

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Winklovoss’ Gemini Exchange Looks to Challenge Coinbase in the UK

Gemini, a New York-based cryptocurrency exchange owned by the Winklevoss Twins is eyeing a move to the UK. Winklevoss Twins Look to Set Up Shop in The UK According to the Financial Times, inside sources revealed that Gemini is serious about a foray into the UK market. Furthermore, reports indicate that the platform has gone ahead to hire consultants charged with working out modalities for such an expansion project. Commenting on the proposed plans, the

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BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’

Agustin Carstens BIS

The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks.’ Headlines Impact Price According to the newest study on cryptocurrencies released by BIS, cryptocurrencies’ valuations are broadly impacted by news regarding national regulations, despite attempting to operate out of their reach. Purportedly, news which

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Slushpool Unveils Braiins OS Allowing Bitcoin Miners ‘To Take Back Control’

Braains OS slush pool

Braiins Systems, the Czech operator of the first Bitcoin mining pool Slush Pool, revealed an alpha version of its Braiins OS operating system September 23, aimed at “pleasing” miners. Open Source ‘First’ Braiins, which by its own admission has not “drawn much attention to itself” while running Slush Pool, wrote in a blog post about the release it wished to “change” its image, becoming more of an active force in altering the Bitcoin mining landscape.

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Cryptocurrency Trading Volume to Grow 50% in 2019, New Study Says

trading volume bitcoin

A new study on cryptocurrency trading and custody trends holds that digital currency trading is going to grow by 50 percent in 2019 while overtaking the US Corporate Debt trading volume in 2018. Measurable Growth A study called Crypto Asset Market Coverage Initiation: Trading & Custody reveals that cryptocurrency trading volume is about to grow further. The research shows that digital currency trading volume will overtake the US Corporate Debt trading in 2018. It’s also

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John Newbery: I’m Responsible For ‘Worst Bitcoin Bug Since 2010’

Bitcoin Core developers have decried infighting between Bitcoin (BTC) and Bitcoin Cash (BCH) supporters after John Newbery claimed responsibility for last week’s CVE-2018-17144 network bug. ‘Embarrassed And Sorry’ In comments on Twitter September 23, Newbery, who is tasked with checking the Bitcoin codebase, said it was because of him that the bug had gone unnoticed. As Bitcoinist reported, the incident occurred last week, with Core developers urging the entire network to upgrade to a patched

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In Taiwan, A Politician Has Accepted The First Ever Bitcoin Donation

In Taiwan, Political Figures Advocate For Cryptocurrency

The lively political system in Taiwan continues to foster interest, discussion, and even the use of cryptocurrencies, as more people express an interest in technological innovation.  Officials in Taiwan have taken a marked interest in virtual currency and blockchain. Dialogue and discussion about both technologies has made its presence felt in the political sphere. In April, Bitcoinist reported that the Asian nation was set to introduce clearly defined digital currency regulations focusing on combating money laundering.

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Dubai is Building a Blockchain-Powered Government

Dubai

Smart Dubai is a government and city-led initiative to make Dubai the “smartest and happiest” city in the world. This week saw Dubai’s the government’s payment portal become blockchain-based. First Blockchain-Powered Government The online payment portal DubaiPay will now use blockchain technology for real-time reconciliation and settlement of transactions. This is another step towards Dubai’s goal of becoming the world’s first blockchain-powered government by 2020. Dubai’s government is currently working on a total of 20 use

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Stellar Surges 50 Percent in Last 7 Days

Stellar Continues to Surge, Up 50 Percent in Last 7 Days

Stellar (XLM) remains one of the best performers during the last 7 days. Stellar has seen an increase upwards of 20 percent for the day, and more than 50 percent for the week, now standing as the sixth largest cryptocurrency. Today Was a Good Day… Again The last few days have seen serious price action, with the overwhelming majority of cryptocurrencies marking notable increases. The serious uptick was marked by Ripple’s (XRP) rally on Friday

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Top Global Bitcoin Destinations — Travel Enthusiast

World Bank Teams Up With Commonwealth Bank To Release Blockchain Bond For Sustainable Development

Are you a Bitcoin enthusiast who also likes to travel? There are a few locations around the world where you can enjoy the freedom of cryptocurrency payments while taking in beautiful sights. Bitcoin Making Traveling Easier These days, with Bitcoin and other cryptocurrencies, it is becoming easier to travel to certain destinations without having to worry about overseas travel cash limit. For this author, it is as easy as converting fiat to BTC, going abroad

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Bitcoin Price Analysis: Is Bitcoin Approaching a Turning Point?

Bitcoin Price Analysis: Is Bitcoin Approaching a Turning Point?

Bitcoin surprised the world and rallied after the SEC postponed a decision on the Van Eck/ Solid X Bitcoin ETF. At the same time, XRP, ETH and few other altcoins posted impressive gains. Are cryptocurrencies approaching a turning point? Market Overview This has been a fantastically exciting week for cryptocurrencies. XRP pulled off a 100% gain, Stellar Lumens is on a run and Bitcoin (BTC) managed to briefly pop above $7,800. The crypto-hemisphere is also

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