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NEO Founder: Blockchain Infrastructure Not Ready for Mass Adoption

Bitcoinist spoke with NEO founder Da Hongfei at NEO DevCon in Seattle, who gave a detailed vision of the road ahead. Blockchain technology is still ahead of its time. Despite NEO’s evolution mirroring that of the wider Crypto market over the past 12 months, charismatic founder Da Hongfei assures an attentive audience at NEO DevCon Read more…

Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point
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Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point

JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin.’ Garlinghouse: JPM Coin ‘Misses The Point’ The plan, which would ostensibly make JPMorgan the first US bank to issue a token with a verifiable use case, surprised commentators when executives revealed Read more…

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Binance Chain Testnet to Be Released For Public Testing on the 20th of February

In a recent Ask-Me-Anything livestream session, the CEO of Binance, Changpeng Zhao, updated the crypto and investor communities on several developments surrounding the exchange and its projects. Of particular interest, was his answer regarding the launch of the Binance Chain network. During the livestream,  he informed that the Binance Chain testnet will become available in Read more…

Research: Mere 10% Of Ethereum (ETH) DApps Are Active Daily
Blockchain Cryptocurrency News Ethereum Market

Research: Mere 10% Of Ethereum (ETH) DApps Are Active Daily

Where’s Ethereum DApp Usage? Decentralized applications (DApps) were long hailed as one of the leading use cases for blockchain technologies. Through smart contracts, whether it be on Ethereum, EOS, Tron, or otherwise, the worlds’ current processes could be put on a blockchain, thus creating a society built on decentralization. But as it stands, adoption of Read more…

Blockchain and Crypto Enthusiast is Proposed by Brazil’s New President as Head of The Central Bank
Blockchain Cryptocurrency News Market

Blockchain and Crypto Enthusiast is Proposed by Brazil’s New President as Head of The Central Bank

Brazil’s new president, Jair Bolsonaro, has decided to promote a technological evolution and make the country a regional reference in the adoption and use of blockchain and digital assets to optimize the control and design of public policies. Economist Roberto Campos Neto: Courtesy UOL According to an article published by Reuters, Economist Roberto Campos Neto Read more…

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Iran Launches Gold-Backed Stablecoin Amidst US Sanctions

Iran is determined to find a way to prosper amid the unilateral sanctions imposed by the U.S. government, and the political team of Hasan Rohaní, president of the Persian country, is relying on the use of blockchain technologies as a way to counter U.S. influence in the world of international finance. Hasan Rohani. President of Read more…

‘Blockchain’ Being Used by London Rail Company to ‘Incentivize Changes in Passenger Behavior’
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‘Blockchain’ Being Used by London Rail Company to ‘Incentivize Changes in Passenger Behavior’

DOVU, a startup from London with goals of becoming the world’s leading marketplace for transport data, has reportedly commenced a working relationship with rail company Go-Ahead.  The working relationship has some serious investment interests behind it. DOVU launched two years ago and is backed by both Jaguar Land Rover’s InMotion Ventures and U.K. government-backed fund Creative England. Read more…

fidelity to launch cryptocurrency custody
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How Fidelity’s Bitcoin Custody Launch in Q1 2019 Crucially Shows Institutional Demand Still Exists

On January 30, Bloomberg reported that Fidelity, the world’s fourth-largest asset manager, is set to launch its Bitcoin custody service by the end of the first quarter of 2019. Three sources who asked to remain anonymous reportedly said that the plans are still private but the firm plans to introduce Bitcoin storage first, followed by Ethereum (ETH) custody. Why Fidelity Pushing Forward With Bitcoin Custody is Meaningful As one of the biggest mutual fund operators in the U.S., Fidelity works with more than 13,000 financial institutions. It established its intent to penetrate into the cryptocurrency sector in late 2018, with

The post How Fidelity’s Bitcoin Custody Launch in Q1 2019 Crucially Shows Institutional Demand Still Exists appeared first on CCN

6 Wealthiest Ethereum Wallets May Have Faked Decentralization
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6 Wealthiest Ethereum Wallets May Have Faked Decentralization

Something fishy took place in the world of Ethereum on Dec 1, 2018. New analysis from AI-powered blockchain investigator ORS CryptoHound has uncovered unusual activity on the Ethereum blockchain, which took place last month. ORS CryptoHound took a look at the one hundred largest Ethereum transactions for the last quarter of last year and, in doing Read more…

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Your Million Dollars Cryptocurrencies are Worthless (Unless they are Secured)

Security Remains a Major Obstacle for Adoption Digital money? Can we even trust them? This is probably one of the greatest obstacle hindering the mass adoption of cryptocurrencies. Back in early 2000s, people were asking the same of e-commerce and online shopping sites. As the e-commerce industry matures, processes were put in place to ensure Read more…