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Thomson Reuters Demos New Ethereum Blockchain Use Cases

Microsoft wasn’t the only financial firm to voice its interest in ethereum today. At the software project’s annual developer conference, Devcon2, Thomson Reuters research scientist Dr Tim Nugent revealed a number of early-stage projects that the media giant is building on the decentralized application development platform. At the day’s final …

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World’s Largest Mining Company to Use Blockchain for Supply Chain

The world’s largest mining firm by market value intends to begin using the ethereum blockchain to improve its supply chain processes. BHP Billiton revealed at the second annual Global Blockchain Summit that it will use blockchain to record movements of wellbore rock and fluid samples and better secure the real-time …

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California Politician Faces Resignation Calls Amid Altcoin Controversy

A California politician has become embroiled in a growing controversy surrounding an investment company, an alternative digital currency and investors who say they’ve been duped. According to reports by The Pasadena Star-News, state and federal regulators are investigating US Fine Investment Arts Inc (USFIA), a company backing a digital currency …

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Class Action Lawsuit Filed Against Digital Currency Exchange Cryptsy

Two Florida law firms have filed a class action lawsuit in US district court against digital currency exchange Cryptsy and its CEO, Paul Vernon. Filed in the US District Court for the Southern District of Florida on 13th January, the case alleges negligence, unjust enrichment, conversion and violation of Florida’s …

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Once-Hyped UK Digital Currency Hullcoin Hijacked By Chinese Scammers

In 2014, a local government initiative in the United Kingdom unveiled Hullcoin, an effort to use cryptocurrencies to fight the problem of regional poverty. The project, fueled by donations and the power of a small-scale mining rig, drewheadlines at the time for its intersection of local governance and new technology. …

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Mystery of Cryptsy’s Collapse Grows as CEO’s Whereabouts Unknown

One month after a Florida court first appointed a receiver in charge of troubled digital currency exchange Cryptsy, the representative has filed a report detailing efforts to retain information about the whereabouts of Cryptsy assets, as well as CEO Paul Vernon. Entered by receiver James Sallah, the filing comes months …

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How Peercoin Got A Boost From Bitcoin’s Halving

Bitcoin mining is perhaps best viewed as a speculative endeavor. Miners take electricity and turn it into bitcoin, hoping that they can generate a profit when the cost of producing the digital currency is less than the amount spent on power. When they can’t, miners have two options – they …

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Steemit Bridges Blockchain and Social Media, But How Does It Work?

When an obscure cryptocurrency with a total market cap of approximately $14m skyrockets to over $400m, people take notice. But, when that cryptocurrency forms the backbone of a social media entity rewarding people for creating content, sometimes with thousands or tens of thousands of dollars for single posts, excitement and …

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Do Crypto-Token Sales Make Sense for Open-Source Projects?

Nick Tomaino is an early stage investor at Runa Capital and a former business development specialist at blockchain startup Coinbase. In this op-ed, Tomaino highlights how open-source developers have been incentivized historically and how this colors the ongoing discussion about applying blockchain-based ‘crypto-tokens’ to this use case. Spurred by Union …

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BTCPoint Creates 10,000 Bitcoin-Enabled ATMs Using Spanish Bank Network

Bitcoin-to-cash withdrawals are now available at 10,000 additional bank ATMs in Spain. The development is the result of agreements between BTCPoint, major national bank Banc Sabadell and Hal-Cash that will see the bitcoin service integrating with Banc Sabadell, Banco Popular, Abanca and EVO Bank units. “Once you send your bitcoin …

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Lamassu Plans Added Cost for Bitcoin ATM Operators

Lamassu has announced it will begin charging monthly subscription fees to pay for tech support and software upgrades. While the service is not mandatory, Lamassu said that it will no longer offer free support to customers after the start date. The actual fees required depend on the number of machines …

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Canadian University Adds Bitcoin ATMs to Bookstore Locations

British Columbia’s Simon Fraser University (SFU) announced today that its campus bookstore would begin accepting bitcoin payments starting 26th May. As part of the initiative, SFU will install bitcoin ATMs at its three bookstore locations in Burnaby, Surrey and Vancouver. The units will be provided by Ontario-based ATM operator BitSent, …

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First Spanish University Installs Bitcoin ATM on Campus

The number of global universities equipped with bitcoin ATMs increased on 22nd June with the announcement by Pompeu Fabra University (UPF) that it would install a unit on its Poblenou campus. With the news, Pompeu Fabra joins MIT in the US, Simon Fraser University in Canada and the University of …

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Mike Tyson: I’m Grateful to be Part of the Bitcoin Revolution

Mike Tyson says he is grateful to be part of the “bitcoin revolution”, though he admits he’s “no guru” just yet. The ex-heavyweight champion of the world spoke with CoinDesk prior to the launch of his first branded bitcoin ATM in Las Vegas yesterday morning. Positioned inside the Off The …

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Brazilian University Accepts Bitcoin, Installs Campus ATM

Faculty of Informatics and Management Paulista (FIAP), a São Paulo-based private university, has announced it will now accept bitcoin as payment for select courses. FIAP will begin accepting bitcoin for tuition payments on classes taken as part of its Shift program, which offers shorter courses on entrepreneurship, innovation, project management …

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From Seeds to Weed, Bitcoin Finds Home Where Commerce Goes Gray

It’s no secret that, in an effort to ease the concerns of global regulators and secure lucrative partnerships in the IT and banking sectors, the “bitcoin industry” has over the last year been on a steady campaign to rebrand as the “blockchain” or “digital asset” industry. But as much as …

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Why Bitcoin’s Scaling Debate is An Opportunity Not a Flaw

Nozomi Hayase PhD, is a writer covering issues of freedom of speech, transparency and decentralized movements. In this article, she argues bitcoin’s divisive scalability debate should be seen as just another phase in the growth for the digital currency project. The prolonged scaling issue has turned into what some have …

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