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Singapore May Become First Country to Fully Embrace Cryptocurrencies

Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus.  Singapore “Does Not Regulate Technology Itself But [Its] Purpose” It seems that the Singaporean government has a well-thought-out plan for introducing cryptocurrencies into their economy, according to TechCrunch. The Singapore Consensus 2018 welcomed thousands of cryptocurrency visionaries, entrepreneurs, and experts to discuss and create new links that might form the foundation of

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Weiss Ratings: Bitcoin Will Lose 50% of Its Market Share to Ethereum in 5 Years

Ethereum Weiss Ratings half dominance

Weiss Ratings, a provider of market research and stock analysis on ETFs, mutual funds, cryptocurrency, banks, and insurance companies, made a bold move saying that Ethereum will overtake 50% of Bitcoin’s market share in the next 5 years. Bitcoin a “One Trick Pony” Weiss Ratings came out swinging September 18, making a bold prediction that Bitcoin (BTC) will lose half of its market share to Ethereum (ETH) within five years. Furthermore, the research provider referred

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Handling of Recent Bitcoin Bug Ruffles Feathers

Bitcoin Bug

Bitcoin Core developers urged all nodes to implement a patch on Friday, September 21, in order to prevent the exploitation of a recently discovered bug in the Bitcoin protocol. The bug, called CVE-2018-17144, was originally reported to the Bitcoin Core team by Bitcoin Cash developer Awemany on September 17. A Bug in the System The discovery of the bug and the Core developers attempts to address it have caused ruffled feathers in the crypto community. Allegations

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Cryptocurrency Enthusiasm Is Fueling A New Eclectic Arts Culture

arts bitcoin art cryptocurrency

Artists are bringing the digital nature of cryptocurrency to life by creating and displaying eclectic and unique pieces that draw inspiration from the buzz around virtual currency. The art world has long been regarded as a stodgy traditional institution that is merely a place for the wealthy. Rapid changes in the technological sphere are now getting people in the industry to think about when these two worlds will collide. A growing number of artists have

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Crypto-Lobbyists in D.C. Fight For the Best Frameworks

A handful of cryptocurrency and blockchain lobbyists are working to promote and explain the technology to U.S lawmakers and regulators.  The hope is to nurture the development of regulatory frameworks which will help the crypto-space, rather than hinder it. The Blockchain Association One of the capital’s newest lobbying groups, the Blockchain Association, launched officially in September with the goal of winning over federal lawmakers and U.S regulators. Its members include some of the largest exchanges

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In Argentina, Investors Flock to Safe-Haven Bitcoin

The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall. The number of stores accepting Bitcoin also continues to rise. Bitcoin Is a Safe-Haven During an Economic Crisis As the country’s currency plunges, Argentinian investors and ordinary people are exchanging

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Three Pro-Cryptocurrency Bills to Be Introduced to Congress

Three pieces of legislation will be brought before Congress by the co-chair of the Congressional Blockchain Caucus. Their intent is to streamline the growing industry by introducing concise and transparent guidelines for businesses and investors, while also providing a safe harbor for taxpayers who use cryptocurrencies.    Accelerating the Development of Blockchain Tech Congressman Tom Emmer (R-MN) announced September 21 that he will be introducing three bills aimed at supporting blockchain technology and digital currencies.

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Switzerland Fights to Keep its Crypto Companies

Switzerland Fights to Keep its Crypto Companies

More than 500 blockchain and cryptocurrency startups have found a home in Switzerland. The country hopes to become the ultimate blockchain capital of the world. The country has introduced a new plan to strengthen the previously edgy relationship between cryptocurrency startups and Swiss banks. New Guidelines for Banks Who Want to Befriend Cryptocurrencies According to Reuters, The Swiss Bankers Association (SBA) released a set of guidelines Friday targeting the Swiss banks interested in collaborating with

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Top 4 Cryptocurrencies Ready to Beat BTC in Q4 2018: INS, XRP, ANON, ILK

Cryptocurrencies

As the market sentiment is clearly turning bullish it is very important to begin targeting promising cryptocurrencies before their initial pump in value. 4 Cryptocurrencies to Watch in Q4 The prior two weeks VIBE and TRIG were highlighted for their upcoming news and undervalued nature. These 2 coins provided returns in excess of 100% and 250% respectively in the following 72 hours. The remainder of 2018 has four more promising projects that are currently all

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Houston Rockets Inks Sponsorship Deal with Bitcoin Mining Pool ‘AntPool’

Houston Rockets

Popular National Basketball Association (NBA) team, Houston Rockets, recently entered into a sponsorship agreement with AntPool, one of the largest Bitcoin mining pools. The deal sees the Bitmain-owned AntPool sponsoring the Rockets for the upcoming 2018/2019 NBA season. Houston Rockets…to the Moon? According to SportsPro Media, the deal followed AntPool’s announcement of its newly built Texas-based U.S. office. Commenting on the agreement, John Corley, the Houston Rockets vice president, said: The Rockets are always looking

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Tilray & Marijuana Stocks Smoke Cryptocurrency, Then Go Poof

The financial markets were ablaze this week with high volatility in cannabis shares unseating cryptocurrency as the trade of choice. References to cannabis in news articles were almost double that of cryptocurrency. But big falls on Friday, coupled with almost unilateral gains across crypto, showed how schizophrenic the weed market can be. Tilray. When Lambo? Tilray was the name on everyone’s lips this week. On Tuesday the Canadian company announced DEA approval to export a

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China, Russia, USA in Race to Use Blockchain for Military Operations

military russia usa china

A number of defense officials and armed forces across the globe are starting to look into blockchain’s potential in areas related to military activity. Militaries across the world are always looking for cutting-edge technologies to get a leg up on the competition. Blockchain is certainly not escaping scrutiny. Officials inside of defense agencies are particularly interested the technology’s distributed consensus and anonymity capabilities. NATO has been looking into blockchain’s use cases in regards to military

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