Bithumb hack emphasizes need for Security in Crypto Industry

Korean Crypto Exchange Bithumb lost more than $30 million in the most recent crypto hack, further emphasizing the need for security in the industry. With blockchain technologies, the repercussions of a hack are much greater than in traditional technology.  Bloomberg reported that Exchanges are a juicy target for hackers, with more than a billion dollars worth of cryptocurrency being stolen.     In response to the latest hack, industry leaders highlight the importance to build confidence in the industry, follow best practice, implement a regulatory framework as well as decentralise…

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The relationship between education and blockchain

The UK Department for Education has announced they have no immediate plans to include cryptocurrency and blockchain as topics in the UK school curriculum.       The announcement is timely considering the ongoing conversation surrounding the incorporation of blockchain and cryptocurrency education into the curricula of several leading universities, including New York University (NYU) and the University of Cambridge, which introduced a module in blockchain to its Masters in Finance degree in 2016.   With third-level institutions steadily incorporating blockchain into their existing curricula, it is becoming increasingly apparent…

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Chinese Web Tycoon Launches Revolutionary Blockchain Company

  One of the youngest Chinese billionaires places his stake in the digital currency space   Los Angeles, California – Zhou Yahui landed on the scene 2008 by founding Kunlun Tech, one of the biggest Chinese web game developers and operators, which led him to purchasing a stake in the Grindr App for $155 million. Yahui then purchased a stake in Rovio Entertainment of Finland, the company behind the online game Angry Birds. It doesn’t stop there. His latest transaction was the acquisition of the web browser Opera which exceeds…

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Smart Contracts: The bright future has arrived.

    Nowadays you won’t surprise anybody by bringing up cryptocurrency during your lunch break. Today is just the right day to begin developing daily habits in order to take advantage of all of the amazing possibilities of blockchain. Just think of a situation in which a person goes through the inheritance procedure. You might have seen that many times on TV, and we hope that you haven’t actually experienced it yet.     Well, going back to the situation, depending on the laws in your country, it will still…

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Tether and Bitcoin price inflation linked to possible manipulation

Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex, Director of Research at CoinDesk, Nolan Bauerle responded.      “Bitcoin is a super volatile asset driven by a global retail investment crowd. Everyone who watches this crowd knows they use Tether to take a ‘dollar’ position when bitcoin dips. They reenter the bitcoin market when they feel the price is at a floor with the goal to have more bitcoin than at the start of the…

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CoinMirror Announces Beta Launch with Upgradeable Smart Contracts

  CoinMirror Begins Mission to Fulfill the Promise of Democratized Investing   Berlin, DE: Today, CoinMirror, a syndicated ICO investing platform, announced that they have launched their Beta. After beginning development work only 4 months ago, CoinMirror’s mission to provide high-quality ICO investment access to retail investors looks primed for success.     Regarding CoinMirror’s upgradeable Smart Contracts, co-founder Dan de Sa said, “In a short period of time, CoinMirror has raced to the forefront of upgradeable Smart Contract development. I am immensely proud of Rick Chen, our founder, and…

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Global Blockchain Services Firm WACHSMAN Recruits Key Executives from Jefferies and J.P. Morgan to Lead New Strategy Division

  Wachsman amplifies service offerings beyond public relations and events management with first major agency expansion   NEW YORK, NY — June 12, 2018 — Wachsman, one of the world’s leading blockchain professional services firms, has hired senior bankers from investment banks Jefferies and J.P. Morgan to lead a new blockchain strategy and advisory division. Formerly Senior Vice President, Technology Investment Banking Group at Jefferies, Michael Chang joins Wachsman as Managing Director and will lead the firm’s new Strategic Advisory Group in New York.     Chang will be supported…

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GECKO Governance Launches Compliance Solution For ICO Market Following Approval by Isle of Man Regulator

    Former SEC Senior Compliance Examiner joins stellar advisory board     Dublin, Ireland – 12 June 2018 – GECKO Governance, the multi-award winning RegTech regulatory solution for financial compliance, has announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry. The platform provider also announced today that Dan Viola, former Senior Compliance Examiner at…

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Streamr’s DATA Token Now Listed on Leading Cryptocurrency Exchange, Binance

Announcement follows the launch of Streamr’s real-time data Marketplace Zug, Switzerland – June 8, 2018 — Streamr, the blockchain-backed data platform, today announced that its token (DATA) has been listed on Binance, the largest cryptocurrency exchange in the world by trading volume. The announcement comes at a time of great vibrancy within the Streamr community, following the launch of Streamr’s real-time data Marketplace in May 2018. DATA is available for trading immediately.     Commenting on the announcement, Henri Pihkala, CEO and Co-Founder of Streamr said, “This listing is yet another vote of confidence for…

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The Auto Block: Blockchain for Automotive Industry

The Blockchain technology was featured on Gartner’s Top 10 Strategic Technology Trends list back in 2016. This ingenious trend has gained quite a lot of popularity in the last few years and even though it was initially developed for the digital currency, Bitcoin, it has proven useful in many other areas such as the internet and automation.     In a nutshell, the Blockchain technology makes it possible for information to be recorded and distributed, without being copied. While Blockchain has a lot of other benefits as well, the one…

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