Category: cryptocurrencies

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Gold Ownership Has Been Difficult, Until the Days of Crypto

Innovations in blockchain technology are changing the paradigm and even the concept of possessing gold. Gold’s history as a symbol of value dwarfs that of any other artifact. Used as money in both ancient Greece and the Roman empire, gold was also the preferred method of payment for goods along the Silk Road. When modern…
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Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity

The third decade of the third millennium is returning humanity to the gold standard, but this time it will be backed with decentralized ledger technology. When markets are bleeding, investors turn to gold.  The celebrated precious metal and former reserve standard of the world’s monetary system is valuable for several reasons, but primarily because it…
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OmiseGO’s Parent Company Changes Name to SYNQA

Omise Holdings, parent company of OmiseGo, now goes by the name SYNQA. Asian fintech company Omise Holdings, now goes by the name SYNQA.  “Forging into 2020, this new corporate identity reinforces their position as a holding company with a portfolio of companies and as the go-to partner in Asia for all fintech and innovation matters,” an…
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Tracing Global Meat Related Risks With Blockchain Amid COVID-19

To gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs,…
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On the Darknet Side: The Role of Crypto as a Means of Exchange

Why is Bitcoin popular among cybercriminals, and what is the future of cryptocurrencies in the darknet? Due to the transition of many people around the world into a “stay at home” mode, where the only viable way of communicating and receiving something is through the global network, some new information regarding darknet activity has begun…
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The DeFi Hack: What Decentralized Finance Should and Shouldn’t Be

The DeFi sector will continue to grow in the future despite the difficulties that the industry has faced since the beginning of 2020, but be careful by choosing whom to trust. Decentralized finance, or DeFi for short, became a buzzword in 2019 following the valuations of MakerDao and Compound after both companies raised sizable rounds…
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Crypto Scammers Impersonate Members of Olympic Committee

A series of scam emails sent from Japan have been asking people to donate to the Olympic Games’ organization in Tokyo. The ongoing pandemic forced the postponement of the Olympic Games in Tokyo. This has triggered a series of online crypto-related scams, including an email from alleged members of the International Olympic Committee. In these…
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The Number of Women in Crypto Has Exploded In Q1 2020

A new study released by CoinMarketCap revealed an increasing growth among female crypto users in Europe and the Americas. CoinMarketCap released a report which indicates a 43.24% growth among female users in Q1 2020. According to the study, this is compared to a mere 15.5% increase seen in Q4 2019. 18-24 year old rose 65%, with…
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Study Shows UK Blockchain Companies Are Shifting Back To Traditional Funding Strategies

A study by MMC Ventures unveiled the return to the dynamics of traditional capital funding by blockchain companies. A new study released by venture capital firm, MMC Ventures, found that UK blockchain companies are turning to traditional capital raising strategies, noting that the Initial Coin Offering, or ICO, model is becoming “increasingly” difficult to utilize.…
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Miner Survivability Post-Halving: A Hash Rate Comparison

Poolin releases figures showing current hashrate distribution in the lower quartile to calculate miner capitulation after the halving of Bitcoin’s block subsidy. The market for selling hash rate in exchange for Bitcoin (BTC) has undergone staggering growth in the epoch since the last halving. There is almost 100 times the level of competition today as…
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