Tag: Blockchain

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Australia’s eSafety Commissioner touts blockchain as a solution to trolls

Australia’s eSafety Commissioner has suggested blockchain-based digital IDs as a potential solution to fight online abuse and trolling. Australia’s eSafety Commissioner Julie Inman Grant has suggested a blockchain-powered ID solution could help tackle cyber abuse and trolling while allowing users to maintain a level of anonymity. Speaking to New South Whales media outlet The Sydney…
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Crypto and blockchain: What the Brazilian market can expect for 2021

Cointelegraph Brasil invited some of the country’s top crypto and blockchain experts to chart the next steps for the market. 2020 will be remembered as one of the most difficult years for contemporary societies: Countries and entire populations have faced lockdowns and economic crises, financial markets still suffer from the severe impacts of the economic…
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Enjin Coin surges 71% after becoming first regulatory approved gaming token in Japan

The asset recently received the blessing of the Japanese Virtual Currency Exchange Association. On Jan 19, Blockchain-based Enjin Coin (ENJ) became the first gaming cryptocurrency to be legally authorized for trade by the Japanese Virtual Currency Exchange Association, or JVCEA. This coincided with a sudden 71% increase to the coin’s dollar value which occurred within…
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How compliance software detects fraud and money laundering involving crypto

As the crypto markets mature and institutional money flows into the space, technology to detect fraud and money laundering involving digital assets is more important than ever. The crypto industry has boomed over the past 12 months. While 2019 began with a total market cap of $200 billion, the explosion in Bitcoin’s value resulted in…
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Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track

Volatility and funding rates surge, but large BTC holders continue to accumulate. As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly offset by the decrease in addresses…
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Reuters: Gary Gensler, MIT blockchain professor and Obama’s CFTC chair, to head Biden SEC

Gensler taught a course on “blockchain technology’s potential use — by entrepreneurs and incumbents — to change the world of money and finance.” President-elect Biden has finally decided on his nominee to head the Securities and Exchange Commission. At least according to Reuters’ anonymous sourcing in a Tuesday report, Gary Gensler will be Biden’s nominee…
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Rep. Soto seeks to create office to ‘coordinate’ Federal use of blockchain tech

The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.” A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology.  Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an…
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These 2020 blockchain tech developments have set the stage for 2021

2020 has been a stellar year for blockchain technology, laying important foundations for the year ahead. January will mark 12 years since the Bitcoin genesis block. In that time, blockchain technology has made many significant strides forward. The launch of Ethereum in 2015 introduced smart contracts and token minting. Subsequent years saw developments in areas,…
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Japan’s crypto market matured in 2020, but 2021 may see huge growth

2021 may be the year of natural selection for the Japanese crypto industry. In 2020, the Japanese crypto industry seems to have entered its maturation phase. With new crypto laws established in May, large exchanges have solidified their leading positions, while crypto startups and unregulated businesses have exited the market. However, it seems that a…
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Waves Enterprise and Conflux partner to promote hybrid blockchain adoption

Waves Enterprise and Conflux Network are working together to enable companies in Asia to adopt hybrid blockchain data storage protocols. Corporate blockchain solutions provider Waves Enterprises has partnered with Chinese decentralized ledger technology (DLT) startup Conflux Network to boost hybrid data transactions in permissioned networks. The collaboration, announced on Thursday, will see Waves Enterprise using…
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