Cryptocurrency markets are seeing some gains today as most digital assets are up over the past 24-hours between 3-15 percent. Bitcoin Cash (BCH) values spiked considerably during the day’s trading sessions on May 5 touching a high of $1,740 per BCH. At the time of publication, the price of BCH is hovering around $1,720 per coin, adding another $500Mn in 24-hour trade volume. Also read: Court Orders Chilean Banks to Re-Open Crypto Exchange Accounts Bitcoin Cash Markets See Action as BCH Values Spike Considerably During the Weekend Trading Sessions Bitcoin Cash…
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Ethereum Classic (ETC) Investment Trust Approved Following Protocol Upgrades
Fans of the “original” Ethereum, Ethereum Classic (ETC), have received some good news ahead of the project’s planned upgrades. Institutional Investment According to a press release from Grayscale Investments, LLC, common units of fractional undivided beneficial interest (“Shares”) in Ethereum Classic Investment Trust have been approved by the U.S. Financial Industry Regulatory Authority, Inc. (FINRA) for a public quotation (OTCQX:ETCG) on OTC Market’s OTCQX® Best Market. The Ethereum Classic Investment Trust was launched in 2017 as a private, open-ended trust which holds Ethereum Classic (ETC). As such, it derives its value…
Read MoreTech Tomorrow Starts Today: Creating a Blockchain-Powered City
2017 is widely regarded as the beginning of the blockchain era. Though the concept itself was born in 2008 with the advent of Bitcoin, it was 2017 when the blockchain fever burst out: thousands of companies, from small start-ups to high-tech giants such as IBM, Microsoft, Rakuten, and Telegram, joined the technology race. Having gone viral, blockchain encompasses new spheres and evolves into new forms. When a year ago it was about developing single products based on decentralization, now the blockchain evangelists dare dream of globalization and creation of the…
Read MorePavo Performs Ongoing California Installations of Their IoT Blockchain Solution for Agriculture
Modern agriculture is an over $5 trillion industry that faces more unique obstacles than ever before. Climate change and jurisdictional regulations continue to challenge farmers, who are tasked with meeting the nutritional needs of an ever-growing world population with fewer and fewer land resources. Traditional agricultural techniques alone can no longer accommodate world demand, while catastrophic weather events can wipe out an entire region’s crops, driving up costs globally. Farmers are eager to adopt new farming techniques, and many are willing to implement new innovations in AgTech to help them…
Read MoreEveryone in This Village Now Owns Cryptocurrency
In a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space All Residents Own Crypto In the Ukrainian village of Elizavetovka of the Petrykivsky district in the Dnipropetrovsk region, all residents reportedly now own some crypto, according to local media. At a recent village council meeting,…
Read MoreBank of Korea Considering a Cashless Future via Central Bank Digital Currency
The Bank of Korea is seriously considering the possibility of launching a Central Bank Digital Currency (CBDC) into the world’s third-largest cryptocurrency market. Considering a Cashless South Korea The Bank of Korea has officially confirmed that it has launched a study into cryptocurrencies, with plans to offer official recommendations regarding the digital assets. According to The Korea Times, the central bank also plans to consider introducing a Central Bank Digital Currency (CBDC) before July. Stated the bank: A taskforce has been studying the possibility of issuing a CBDC and how…
Read MoreTop Ten Surprising US States for Cryptocurrency
Reward Expert used Google Trends traffic data for keywords such as Litecoin, Ripple, Ethereum, Bitcoin, and cryptocurrency in an effort to gauge US states interest levels for cryptocurrency during a three month period this year. The company then determined a weighted average and ranked US states by interest and usage. Also read: Only 1% of Business CIOs are Actually Using ”Blockchain” Technology Ten US States Where Crypto is Taking Off Coming up with its findings also involved Geographic Information Systems (GIS) Data “containing the locations of all known establishments…
Read MoreRichard Branson Speaks Out Against Fake Bitcoin Stories and Scams
British entrepreneur Richard Branson has spoken out over the “worrying” spread of bitcoin scam stories and ads. Some of the most common are false endorsements and fake binary trading schemes, he warns. Advising everyone to remain vigilant, Branson suggests that users should report fake stories to the platforms which have published them. Also read: Facebook to Be Sued for Defamation Related to Scammy Crypto Ads Billionaire Linked To “Get-Rich-Quick” Schemes Virgin Group founder, Sir Richard Branson, has voiced his concerns over the “worrying” rise in bitcoin-related online scams involving his…
Read MoreCould Blockchain be the Future of Football?
The days when crypto and blockchain were relegated to the sidelines are long gone. This disruptive technology is slowly but surely being moved to the center of the playing field, even in the sports industry. We’re not just talking about eSports gambling platforms. We’re talking about real-world interest and well-known names who are showing a keen curiosity for how blockchain technology can be incorporated into this fast-paced industry. According to BBC, premier league football club, Arsenal, went on to sign a sponsorship deal with CashBet and even soccer god Lionel…
Read MoreHow the 4th Pillar Secures Private Documents While Saving the Environment
The 4th Pillar has already impressed early investors with its unique and eco-friendly business solutions. Perhaps one of its most impressive features, however, is its IPFS-based sensitive document distribution system alongside a new registered mail postal service. Protecting Sensitive Documents The 4th Pillar is a human resource (HR) and finance platform for both individuals and organizations, with a highly experienced team running the show. It’s based on the Ethereum blockchain and utilizes smart contracts, wallets and an IPFS protocol to solve everyday problems experienced by both job seekers and prospective…
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