Paul Krugman is Wrong Again

Paul Krugman, the famed economist who’s made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire – bitcoin. The surprising part is that Krugman has resorted to the same hackneyed arguments he always uses to attack cryptocurrency. It’s an odd decision from such a learned scholar when there are far more lethal lines of attack for a crypto sceptic to take. Also read: Japanese Bitcoin Exchanges Planning Several…

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Commonwealth Bank Boasting Blockchain-Enabled Global Trade Platform

In-house blockchain technology solutions continued to permeate supply chains as Australia’s Commonwealth Banks has successfully conducted a high-profile shipping experiment. ‘Agile, Efficient and Transparent’ Australia’s Commonwealth Bank has successfully shipped and tracked seventeen tonnes of almonds in a blockchain-based collaboration with five domestic and international supply chain leaders. The platform used purportedly utilizes distributed ledger technology, smart contracts, and the internet of things (IoT). Stated Chris Scougall, Managing Director of Industrials and Logistics in Client Coverage, CBA: Our blockchain-enabled global trade platform experiment brought to life the idea of a…

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Bitcoin Cash Fans Celebrate Independence Day One Year Later

Today is the one-year anniversary of the ‘Bitcoin Independence Day’ that took place on August 1 2017. Since that day the Bitcoin Cash (BCH) network and community have had a very productive year as the decentralized cryptocurrency has celebrated a ton of milestones including successful network upgrades, massive merchant adoption, and a wide variety of applications built using the BCH chain. Also Read: Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full August 1 2017, Bitcoin Independence Day A year ago today Bitcoin proponents celebrated independence…

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SIM-Swapping Bitcoin Thief Charged in California Court

Investigators have arrested and charged a 20-year-old college student with multiple counts of hacking and identity theft. Prosecutors accuse him of being part of a gang which stole $5 million of cryptocurrency by hijacking mobile phone numbers.  Caught by the Fuzz Following his arrest at LAX airport while on his way to Europe, Joel Ortiz was apparently quick to come clean. He told investigators that he and his “co-conspirators” controlled millions of dollars in cryptocurrency. Ortiz, originally from Boston, allegedly hijacked over 40 phone numbers using a technique known as SIM swapping. It is…

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Survey: Crypto Exchanges Want Regulation but See Strict Policies as a Threat

The majority of crypto exchanges want to see the industry regulated, although many consider excessive regulation to be the biggest threat, according to a new study. A third of the platforms in the poll also fear a market crash that could suddenly devalue digital assets. A fifth of the exchanges dislike anonymity.     Also read: Huobi Informs Users on Decision to Launch P2P Trading in India Crypto Exchanges Want Regulation A new study reveals that a sizable majority of crypto exchanges, 88%, would like to see regulation in place that can…

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75% of Millennials are More Likely to Date Someone Who is Into Bitcoin

A recently conducted study has reportedly found that 75% of millennials would be more likely to date someone who possesses knowledge about cryptocurrencies. The survey comes amid apparently increasing fascination with millenials’ views regarding cryptocurrencies. Also Read: Kim Kardashian Receives Her First Bitcoin Surveys Probe Millennials’ Views on Crypto An increasing number of companies have published surveys probing the views held by millennials regarding virtual currencies. A recent study claims to have found that “Over 75% of millennials [are] more likely to date someone knowledgeable about cryptocurrencies.” Despite the find, the survey…

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No Biggie: McDonald’s Own ‘Currency’ Is Just A (Physical) Commemorative Coin

McDonald’s will celebrate the 50th birthday of its flagship Big Mac burger by issuing its own “tangible” currency, the company revealed this week. MacCoin ‘Transcends Currencies’ As the company explains in a press release Sunday, the ‘currency,’ dubbed ‘MacCoin,’ will serve as a means of rewarding customers with free burgers and also serve as a collector’s item. “…We wanted a global celebration as unique as the burger itself,” McDonald’s said. The MacCoin transcends currencies to commemorate our global iconic burger while giving customers all over the world a chance to…

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PR: Keynote Brings the World Blockchain Forum to London

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The world’s largest blockchain conference explores the promise of blockchain technology, trends and investments. Keynote is excited to announce the program agenda for their next endeavour, the world’s largest two-day blockchain coming to London this September. The conference will feature a star-studded lineup of over…

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Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare

Institutional financial traders are about to receive access to new data feeds on fifty cryptocurrencies supplied by Cryptocompare. These will be added to Eikon, Thomson Reuters’ flagship financial information platform which was launched back in 2010. Also Read: Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All Increasing Demand for Crypto Coverage Toronto-headquartered multinational mass media and information firm, Thomson Reuters Corporation (NYSE: TRI), has entered into a strategic partnership with Cryptocompare, the cryptocurrency market data aggregator. Under the agreement, the aggregator will integrate order book and…

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Ripple Sees Use-Case Debut As DCEX Becomes First XRP-Based Exchange

Blockchain exchange tech company Alphapoint has announced registration is open for DCEX exchange, the first platform to use the Ripple XRP token as its base currency. DCEX To Open In ‘Coming Weeks’ In a press release July 30, the company announced DCEX, which caters to retail and institutional investors, would commence trading “in the coming weeks.” A total of 15 pairs will be available, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum classic (ETC), and Monero (XMR). In addition, users will also be able…

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