In a tweet, the CEO of Binance, Changpeng Zhao (aka “CZ”), announced on Wednesday that banks are not needed forever for money transfer. The future of cryptocurrencies is controversial What was the trigger for this tweet? We get to the bottom of the tweet of CZ. Earlier in the day,…
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On Wednesday (March 20), Jack Dorsey, CEO of Twitter and Square, announced that Square, the startup of FinTech, is hiring four full-time “crypto engineers” to “work full-time on open source contributions to the ecosystem. of bitcoin / crypto “and proceeded to explain why. Dorsey, a big crypto fan Dorsey has…
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One of the most popular questions asked about Bitcoin is how many Bitcoins are there. The short answer is quite popular. Many would assert that there are 21 million Bitcoins. This is without getting into the intricacies of money supply within the Bitcoin network. People who ask how many Bitcoins…
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Bitcoin is a technology, a currency, a P2P protocol, the foundational basis of a decentralized world, Bitcoin Cash or Gold or another new cryptocurrency, a bubble, a scam, a blockchain, a payment network, a new type of money, a commodity, a value, an ideal. All these definitions have come up…
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While Bitcoin is down over 81 percent from its peak, crypto enthusiasts still hold firm belief in the leading cryptocurrency. Experts are calling out a bottom to be near and a good year ahead for the crypto market. 2019 Crypto Bull Run Bitcoin is expected to go lower than its…
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Bitwala plans its own expansion financing through a security token offering. Not the first smart move by the blockchain company. Blockchain financing via the issue of profit participation rights The rather young company Bitwala is often dubbed as Blockchain Bank. And the service provider quite rightly bears this name, as…
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As a number of recent developments, such as Vitalik Buterin’s latest topical update on Ethereum, Samsung’s consumer oriented cryptographic solution and the growing Bitcoin Lightning Network, easily demonstrate, now is the perfect time for industry stakeholders do tests, and then publish the stellar results. Some companies may have missed the…
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Bitfury is one of the high caliber fintech companies and a European company based in Amsterdam. Originally Bitfury’s focus was primarily in the bitcoin mining area. But now the finntech provides solutions for intellectual property decentralization such as music and healthcare for improved quality standards and patient safety. So Bitfury…
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The US regulator, the Securities and Exchange Commission (SEC), announced that it is organizing a public forum on distributed record technology (DLT) and digital assets in May. The news was revealed in an SEC press release today, March 15. About the Fintech Forum The Commission’s Strategic Innovation and Financial Technology…
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About 10 years ago, the first and so far best known so-called cryptocurrency was created: Bitcoin. The basis of Bitcoin is a set of technology building blocks The technology and concepts are constantly being developed and are by no means uniform. Likewise, new areas of application are constantly being added:…
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