The FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017. The United States Department of Justice is seeking the owners of crypto funds that were held by CoinGather — a small crypto exchange that was seized by the Federal Bureau of Investigations, or FBI,…
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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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TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance. Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing out of older ASIC models. However,…
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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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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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Facebook’s Calibra team introduces a new protocol for distributed auditing of assets that could have saved Mt. Gox. In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures. The team led by Konstantinos…
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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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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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DLT firms are targeting the copyright industry, with Ontology partnering with social creator platform OGQ to copyright 250 million pieces of digital content. Blockchain platform Ontology announced a partnership with social creator platform OGQ to use the Ontology blockchain to ensure copyright protection for content created through the platform. OGQ allows users to upload and…
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China has consolidated more than half of the world’s Bitcoin mining operations. What threats could the situation create? Could China take over the Bitcoin (BTC) ecosystem? It’s a very real possibility, and it could happen very quickly because China controls more than half of the world’s Bitcoin mining operations — upward of 65% of the…
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