PayPal Launches Blockchain-Based Innovation Reward System for Employees

  Major global online payments system PayPal has launched a blockchain-based reward system for its employees. Financial news channel Cheddar reported on the platform launch Thursday, Dec. 6, citing PayPal's director of innovation Michael Todasco. According to Cheddar, the program was prepared by PayPal's innovation team, which is based in San ...
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Crypto-lawyer tweetstorm pours cold water on VanEck/SolidX bitcoin ETF hopes

A noted crypto-commentator has given a gloomy outlook on the chances of VanEck/SolidX's ETF proposal getting the thumbs up in February. One of the big cryptocurrency narratives of 2018 has been the initial expectation, and eventual disappointment, surrounding the US Securities Exchange Commission (SEC) approval of a bitcoin Exchange Traded Fund. Su...
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Facebook Recruiting Blockchain Experts, Looking to Expand Team

  Facebook has recently opened several new blockchain positions on Facebook Careers . The social media titan is looking to hire a marketing specialist, three blockchain engineers, and a blockchain data scientist. According to the information in the job description, facebook is looking to expand its recently-launched blockchain team: "At Facebo...
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8 Teams Are Sprinting to Build the Next Generation of Ethereum

  "We don't want to reinvent the wheel when building [ethereum] 2.0." Speaking to the complementary efforts of developers working on two separate upgrades to the ethereum blockchain – one dubbed ethereum 2.0 and the other dubbed ethereum 1x – Raul Jordan insists upgrades to be included in ethereum 1x on a shorter time horizon would have benefi...
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eCl@ss and the IOTA Foundation Announce Partnership to Standardize Internet of Things Payments and Data Transmission

  New Partnership Will Drive Faster, More Efficient Communication and Payments Between IoT Devices (BERLIN, GERMANY — December 5, 2018) — IOTA Foundation , a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development, today announced a new partnership with eCl@ss to standardize and simplify co...
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Eight Reasons to Use Cryptocurrency Payments in 2019

  This article on cryptocurrency payments was written by Thomas Highwater, who is an avid fan of all things crypto-related. Mr. Highwater teaches high-school level robotics and programming. *** While there is a growing number of fiat based-payment processors with a variety of practical tools and methods of payment, adding cryptocurrency paymen...
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IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System

The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned oil company in the United Arab Emirates ( UAE ) — is reportedly among the world's leading energy and petrochemical groups, ...
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Bill Gates: Digital Currency Will Help the Poor

  Microsoft's Bill Gates is one known in the past for expressing admiration for cryptocurrencies and in a recent video, he has done just that claiming that digital technology has the means to empower the world's poorest. Although the Microsoft principal founder has cooled to Bitcoin in recent years, there was a time he would express more upbea...
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Why bitcoin — by design — won’t become worthless, according to this crypto heavyweight

Bitcoin protocol is set up to be adjusted as mining conditions worsen, says teaching fellow Andreas Antonopoulos As bitcoin flounders to its lowest level in 14 months, concerns over mining profitability have some wondering if the best-known cryptocurrency is headed for a hard landing as those solving the complicated puzzles hit the off-switch on th...
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Zhao: Binance Chain to Be Ready in “Months,” Enabling Projects to Issue Tokens

  Some of Asia's most wealthy people have gathered in Singapore today to learn about blockchain technology and crypto from the planet's most influential thought leaders in the space. Amongst those presenting at Forbes Asia's "Decrypting Blockchain for Business" event was Binance's Changpeng Zhao and BTCC's Bobby Lee. Interest in Blockchain Rem...
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The Week: Nasdaq BTC Futures, Hashrate Falls, Bitcoin ETF Discussions

  Last week saw numerous important and positive institutional and regulatory announcements. Ohio announced it will allow companies to pay taxes with bitcoin, VanEck and Nasdaq partner to launch bitcoin futures and two bitcoin addresses were sanctioned by OFAC. Bitcoin's dominance fell from 53.9% where it was a week ago, to 53.5%. The total cry...
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The Trade Of The Decade: Betting On Bitcoin

  Despite this year's bloodbath in the crypto-asset space, the industry will likely still generate considerable investor surplus in the long-run. In fact, an investment in a basket of the top crypto-assets (largely Bitcoin) has the best chance to deliver the most attractive risk-adjusted returns over the next 10-years, compared to less controv...
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Binance CEO Says 2019 Is When Cryptos Achieve Mass Adoption

  Although the cryptocurrency market is in a bear trend, there are some figures that believe the market will grow during the next year. During a conversation with The Street a few days ago, Changpeng Zhao, Binance CEO, said that in 2019 cryptocurrency adoption will increase. Changpeng Zhao Believes Adoption Will Increase in 2019 During 2018, t...
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Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

  Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF). In the latest push to convince the regulator to approve a rule change which would open the door for the country's fi...
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Coinbase Launches an OTC Trading Desk to Cater for Demand from Institutional Clients

  News reaching Ethereum World News indicate that the popular cryptocurrency exchange of Coinbase is launching an OTC (Over The Counter) trading desk to cater for its Institutional clients. According to Cheddar – a mainstream financial news outlet – the need to open the new OTC desk was as a result of demand from its institutional investors/cl...
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CRYPTOCURRENCIES WILL SURVIVE AND GAIN WIDER ACCEPTANCE, SAYS ALLIANZ CHIEF ECONOMIC ADVISOR

  Mohamed El-Erian, chief economic advisor at Allianz, told the New York 'Consensus' conference yesterday that cryptocurrencies are here to stay. His positive outlook comes despite the prolonged slump that has blighted markets all year. INSTITUTIONS ESTABLISHING A 'FOOTHOLD' In fact, El-Erian thinks the recent meltdown was a predictable part o...
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Amazon Has Launched a New Service for Building Blockchains

  Tech giant Amazon is launching a blockchain service to help clients develop blockchain networks without incurring the costs of creating their own platform. Announced Wednesday at Amazon's re:Invent conference, the Amazon Managed Blockchain platform "is a fully managed service that makes it easy to create and manage scalable blockchain networ...
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Mike Novogratz: Financial Institutions Will Step In And Crypto Market Will Flip Next Year

  The crypto market grew by many folds in 2017, especially during the bullish peak period of December. The year saw various businesses sprout up, with some floating ICOs as a means of raising capital. However, 2018 has brought in some serious changes, most notable of which is the regulators' growing interest in the industry. The crypto market ...
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How Blockchain Needs Regulation to Mature

Blockchains and their cryptocurrencies are energetically following a path similar to other major leaps in technology that have come before it. Like automobiles, electricity, or the world wide web, the technology and communities behind blockchain tech are growing and innovating far ahead of existing regulations or social safety nets. On one hand, re...
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BITCOIN WILL BE THE AMAZON OF CRYPTOCURRENCY, SAYS VC ADVISOR

If the present cryptocurrency price drop is akin to the dot-com crash of 2000, then Lou Kerner believes Bitcoin will be the Amazon of the cryptocurrency era. The top-ranked virtual currency is currently down 77 percent from its mid-December all-time high. 'HODLERS' GAIN REWARDS EVERY COUPLE OF YEARS Speaking recently to CNBC , the CryptoOracle part...
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