When you think of children’s books, the first thing that comes to mind might be bright and colorful teachings about the basics of language and arithmetic.Graeme Moore, a 27-year-old Toronto resident, has written something a little different.Considered just as crucial, by many, as basic arithmetic and language are, an introduction to the world of cryptocurrency is … [Read more...] about B is for Bitcoin – An Interview with Author, Graeme Moore
CUSD, The First USD-Pegged Stablecoin on EOS
New York blockchain startup Carbon-12 Labs (“Carbon”) has released a new stablecoin on the EOS network as per a November 9th announcement. The stablecoin is known as CarbonUSD (“CUSD”) and was previously launched on the Ethereum blockchain on September 12th. The coin can be swapped between the Ethereum and EOS blockchains. What is CUSD? Stablecoins are designed to remove the … [Read more...] about CUSD, The First USD-Pegged Stablecoin on EOS
Irish Blockchain Startup to Automatically Compensate Airline Customers
An Irish blockchain startup known as Travacoin is aiming to ensure fair compensation for airline passengers. As reported in the Irish Times, the startup is seeking EUR 1.5 Million in funding to turn its product into a fully working solution. Travacoin is based in University College Dublin and has received government funding for their project. They are currently involved in … [Read more...] about Irish Blockchain Startup to Automatically Compensate Airline Customers
Craig Wright Versus Roger Ver – Fragmentation in the Bitcoin Cash Community
The Bitcoin v Bitcoin Cash civil war is well known and documented. It occurred due to a split in the Bitcoin community about the block size issue. Dissenters formed their own cryptocurrency, heralded as being faster and cheaper, known as Bitcoin Cash (BCH). For a while, it was, though this is no longer the case with innovations in the Bitcoin blockchain such as Lightning … [Read more...] about Craig Wright Versus Roger Ver – Fragmentation in the Bitcoin Cash Community
Landmark Case – 16 Major Banks Sued For Rigging Fiat FX Market
As reported by Reuters, 16 major banks (mainly US-based) are being sued by institutional investors and others for rigging the fiat FX market. Blackrock and Allianz are some of the institutional investors taking the banks to court. The banks being sued include - Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, … [Read more...] about Landmark Case – 16 Major Banks Sued For Rigging Fiat FX Market
Stellar Foundation Planning Biggest Airdrop in Cryptocurrency History
Announced on the 6th of November, the Stellar Foundation is planning the biggest airdrop in cryptocurrency history thus far. USD 125 Million in Stellar Lumens tokens (XLM) are to be given away to those who have a Blockchain wallet. Blockchain (formerly Blockchain Info) are the creators of the most popular online crypto web wallet, which is facilitating the airdrop. The Stellar … [Read more...] about Stellar Foundation Planning Biggest Airdrop in Cryptocurrency History
Japanese Bank to Launch Yen-Pegged Stablecoin FBC
The First Bank of Toyama is said to be experimenting with its own stablecoin backed on a 1-to-1 ratio with the Japanese Yen, though full details have yet to be released. The Japanese bank has a market capitalization of nearly USD 26 Billion and was established in 1944. Multiple Japanese institutions launching stablecoins The new coin is to be called the First Bank Coin (FBC), … [Read more...] about Japanese Bank to Launch Yen-Pegged Stablecoin FBC
eToro Investment Platform Donates USD 1 Million to GoodDollar Wealth Inequality Experiment
Investment platform eToro has announced a USD 1 Million donation towards the GoodDollar open source wealth inequality experiment. GoodDollar makes use of a cryptocurrency which would allow the unbanked to benefit from social interest income based on a type of universal basic income (UBI). The GoodDollar experiment The GoodDollar experiment is a universal basic income model … [Read more...] about eToro Investment Platform Donates USD 1 Million to GoodDollar Wealth Inequality Experiment
Elon Musk Impersonators Steal GBP 120,000 in Bitcoin Scam
As reported by the Telegraph, bitcoin scammers were able to steal GBP 120,000 in BTC while impersonating Elon Musk on Twitter. First, the hackers took over the accounts of two UK companies, Matalan and Pathé UK. Once these accounts were taken over, the names were changed to Elon Musk, and a cryptocurrency giveaway was set up. The two company profiles kept the blue verification … [Read more...] about Elon Musk Impersonators Steal GBP 120,000 in Bitcoin Scam
Bancor X Crypto Exchange Goes Live to Facilitate Blockchain Interoperability
In a November 5th Twitter post, Bancor announced the launch of a new type of exchange which will facilitate instant cross-chain transactions between cryptocurrencies. The new exchange is called ‘BancorX,’ and it will enable seamless conversion for over 110 ERC-20 and EOS cryptocurrencies. As per the post -“We are thrilled to announce that our Cross-Blockchain Decentralized … [Read more...] about Bancor X Crypto Exchange Goes Live to Facilitate Blockchain Interoperability
US Healthcare Firm iAM Turns to Blockchain to Prevent Medical Data Fraud
Fraud is a serious concern in the US health industry, which is estimated to be worth over USD 3 Trillion. There have been multiple instances where people pose as doctors and issue unsafe medication to patients. Other fraud scenarios involve fake insurance claims through the falsification of medical data. To fight this phenomenon, a company known as Instant Access Medical (iAM) … [Read more...] about US Healthcare Firm iAM Turns to Blockchain to Prevent Medical Data Fraud
Crypto Loans on the Rise – BTC Used as Collateral for Canadian Dollars
It is now possible to attain a loan for Canadian Dollars (CAD) using bitcoin as collateral. The ability to use crypto as a form of collateral for fiat is a sign of further legitimacy for the sector. More providers are expected to follow suit and offer crypto loans, with a wider range of fiat currencies for a larger range of acceptable cryptocurrencies used as collateral. The … [Read more...] about Crypto Loans on the Rise – BTC Used as Collateral for Canadian Dollars
Deloitte Announces Plans to Place Digital Identity on the Blockchain
On November 5th, Deloitte announced via a press release a partnership with Attest Inc to facilitate government digital identity on the blockchain. Users will be able to store government and corporate identities on a distributed ledger. Through this technology people will be able to control their digital identities and who has access to them. The project is focused on giving … [Read more...] about Deloitte Announces Plans to Place Digital Identity on the Blockchain
Overstock CEO Says that Imminent Collapse Will Facilitate Global Crypto Adoption
Patrick Byrne, CEO of Overstock, has revealed his opinion that a financial collapse is imminent and that it will be the final push for global crypto adoption. Byrne cites Venezuela as a case study where a collapse of the fiat financial system has already facilitated crypto adoption. Bitcoin trade volume and DASH usage have increased drastically in Venezuela following the … [Read more...] about Overstock CEO Says that Imminent Collapse Will Facilitate Global Crypto Adoption
Dogecoin Creator on the “Re-Centralization” of Cryptocurrency
In a submission to the Diar publication, Dogecoin creator Jackson Palmer has outlined some of the concerning trends that are taking place in the DLT industry, most notably that people are completely forgetting that the DLT industry was designed to replace the current infrastructure, not integrate into it. Dogecoin was created in December 2013 as a joke but quickly developed a … [Read more...] about Dogecoin Creator on the “Re-Centralization” of Cryptocurrency
IBM Applies for Blockchain-Based Augmented Reality Patent
IBM is setting the standard as world leaders for blockchain deployment. Many top companies go to IBM for consultation on how to build, maintain and deploy distributed ledgers, and they have 89 patents outstanding in relation to blockchain technology. Their most recent patent has extended beyond blockchain and concerns augmented reality (AR). The AR blockchain patent … [Read more...] about IBM Applies for Blockchain-Based Augmented Reality Patent
Lition Decentralized Energy Project Powering Over 700 German Homes
An Ethereum-based decentralized energy project is reported to be sustaining over 700 households in Germany. Lition was launched earlier this year and currently operates in over 10 cities in Germany, where it is a licensed energy supplier. Lition is built on the Ethereum blockchain and uses smart contracts to connect buyers and sellers. It claims cost savings of … [Read more...] about Lition Decentralized Energy Project Powering Over 700 German Homes
Dash Text to Bring Crypto-SMS Payment Service to Venezuela
Privacy network Dash has announced the release of a crypto-SMS service ("Dash Text") where residents of Venezuela can pay for goods and services via SMS. The service is currently in beta testing mode. Dash has a strong presence in Venezuela after the complete collapse of the economy which rendered the national currency worthless. Dash Text goes live Dash Text was created … [Read more...] about Dash Text to Bring Crypto-SMS Payment Service to Venezuela
Whiteblock Blockchain Testing Indicates Serious Flaws in EOS Network
Whiteblock Inc, one of the world’s foremost blockchain testing firms offering Blockchain Testing as a Service (BTaaS), has released a damning report on the EOS network. The benchmark blockchain testing project was requested by a number of companies, and it is the first independent benchmark test on EOS.Whiteblock’s data has been used by entities such as Google, Microsoft, … [Read more...] about Whiteblock Blockchain Testing Indicates Serious Flaws in EOS Network
Nasdaq Claims to Have Answers to Crypto Manipulation, Community Remains Skeptical
As reported by Bloomberg, US stock exchange Nasdaq believes it can solve the serious issue of manipulation in the cryptocurrency market. A report released on the first of November by Nasdaq indicated that the exchange had significant experience in dealing with the manipulation and fraud issues so prevalent in the cryptocurrency industry. Nasdaq uses 'SMARTS' technology which is … [Read more...] about Nasdaq Claims to Have Answers to Crypto Manipulation, Community Remains Skeptical