Tag: bitcoin

Microsoft CEO Issues Blockchain Challenge to Interbank Messaging Service Swift

Microsoft CEO challenges Swift to develop ‘useful’ applications of Blockchain technology. Technology firm Microsoft chief executive officer (CEO) Satya Nadella has issued a challenge to the interbank messaging service Swift to develop ‘useful’ applications of Blockchain technology. Nadella issued the challenge during the last day of the three-day Sibos 2017 annual financial conference, […]

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Using Bitcoin to Buy Things Could Trigger IRS Tax Bill

Using Bitcoin to buy everyday things, such as a burger, could trigger a tax bill from the IRS due to cryptocurrency being considered property. However, there is potential relief on the way in the form of new legislation. The last few years have seen a meteoric rise in cryptocurrency, which has been quite exciting for […]

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Bank of America Files Patent for Blockchain-based Processing System

Bank of America has filed a pair of patents for a Blockchain technology-based system aimed to improve the tracking of file transfer processing in real time. Bank of America has filed a pair of patents for a Blockchain-based system aimed to improve the tracking of file transfer processing in real time. Under the system, a […]

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World’s First Cloud-Based Betting Platform VIABET Announces ICO

VIABET, a new and innovative casino, is soon to launch its cloud-based betting platform that will allow its users to become the casino. [Note: This is a press release.] Online gambling is one of the largest and most rapidly expanding industries today. However, there is a widely recognized need for a system that would provide […]

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Will Decentralized Exchanges Replace Peer-to-Peer Exchanges Completely?

The continuous growth of cryptocurrencies comprise technical difficulties as well as problems exterior to cryptocurrencies themselves, including a lack of clear regulatory guidelines and security issues caused by independent, centralized services. The continuous growth of cryptocurrencies is a journey that has had multiple roadblocks along its way. Not only are technical difficulties bound to happen, […]

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UTRUST Attending Blockchain Conferences in Europe, Asia and North America Ahead of November 2nd ICO

Bitcoin Press Release: Two weeks ahead of its ICO on November 2nd 2017 (2pm UTC), cryptocurrency payments solution UTRUST has confirmed participation in key blockchain conferences across Europe, North America and Asia. These represent ongoing efforts to raise awareness and build new partnerships as part of UTRUST’s bid to be the world’s leading digital and […]

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Why Bitcoin and Crypto Market Cap will Hit $1 Trillion in 2018

All ICO advancements in 2017 would appear tiny compared with what is waiting for the crypto market in the year to come. New regulatory, financial and other factors play their role. So here is the thing that most people don’t understand is going on when it comes to crypto currencies, Bitcoin, Blockchain, and especially ICO’s. […]

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UBS: Crypto is Doomed to Low Demand… Unless You Pay Taxes With It

UBS investment bank is downbeat about cryptocurrency’s future despite its support of Blockchain. Swiss investment bank UBS says Bitcoin is in a “speculative bubble” and needs government permission not to fail. In a whitepaper published a week ago, UBS, which is at the same time a major proponent of Blockchain technology, said demand […]

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BitGo Engineer Jameson Lopp Swatted for Bitcoin Views

Jameson Lopp, an engineer with BitGo, was the victim of swatting after someone called in a fake hostage situation to the police. It’s nothing new to see an argument break out on the internet. In fact, it’s insanely routine, but a lot of people do take it too far and engage in massive flame wars […]

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BANKEX Developed Plasma-like Protocol in 36 hours at World’s Largest Ethereum Hackathon in Waterloo Mentored by Vitalik Buterin

ETHWaterloo, the world’s largest Ethereum hackathon, concluded this weekend, on October 14th and 15th, in Waterloo, Canada. It turned out extremely informative and fascinating, and it demonstrated how much Ethereum has grown. Consider these facts: there are 50 thousand Ethereum developers in the world, 63% of central banks work with the technology, and, in 4 […]

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