Blockchain Technology

Bitcoin has held up relatively well this week despite negative headlines about regulatory crackdowns. For analysts with a long-term view, that price action fits with their thesis that increased scrutiny will shake out the bad actors and make the markets healthy enough for institutions to invest. “In the long run this is WILDLY bullish,” Brian
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OPP Open WiFi, a blockchain-backed global community of WiFi hotspot hosts and providers, has officially announced its Initial Token Offering (ITO) beginning on June 1, 2018. The sale will be divided into three rounds, starting with a private sale and ending with a public sale with incentivized bonuses rewarding early-bird contributions. OPP tokens, which are
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However, corrections offer an opportunity to evaluate risk and how well positioned they are for an eventual bear market. By comparing the intensity, recovery and duration of corrections and bear markets and their impacts on investors, we can assess where risk management efforts should focus. Investing opens investors up to the possibility of losses —
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HybridBlock, a Hong Kong based cryptocurrency trading and education platform, will begin its public token sale starting on May 23, 2018. The public sale follows a successful pre-sale that included thousands of contributions, whitelist registrations, and community growth to over 25,000 supporters. HybridBlock is creating an ecosystem of cryptocurrency buying and trading solutions to empower
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Ternio, the creator of the highly scalable blockchain framework Lexicon, has released a third-party audit of its technology. The verification report highlights the ability for Ternio’s blockchain to process more than 1 million transactions per second, fully decentralized and on-chain, making it the fastest blockchain in the world. This marks a quantum leap forward in transaction
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Former head of J.P. Morgan’s blockchain arm is no longer on Wall Street. But the former insider says major banks like her former employer could get into the cryptocurrency business imminently. “I think it’s coming sooner than people probably think,” Amber Baldet, Former head of J.P. Morgan’s blockchain arm told CNBC’s “Power Lunch” Friday. “But
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Edgar Su | Reuters A woman pays for her coffee with cryptocurrency at Ducatus cafe, the first cashless cafe that accepts cryptocurrencies such as Bitcoin, in Singapore December 21, 2017. Just over a month ago, the ARK Innovation ETF (ARKK) took home ETF.com’s “ETF Of The Year” award for delivering on its purpose of serving
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Crypto trader Ran Neu-Ner told CNBC that the U.S. Securities and Exchange Commission needs to establish ICO (initial coin offerings) regulations — or risk stifling an entire American industry. “My fear is that the U.S.A. may actually be falling behind,” Neu-Ner said on “Fast Money” Thursday evening. Neu-Ner, who is host of CNBC Africa’s “Crypto
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Investors have sent $1 billion into digital coin projects that flash warning signs for fraud, The Wall Street Journal reported Thursday, citing its own analysis. In a review of 1,450 digital coin offerings, the Journal said it found 271 bore red flags such as plagiarized documents or fake executive information. Investors have already claimed losses
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Steve Eisman, the investor whose forecast of the financial crisis was depicted in “The Big Short,” criticized a German bank and digital currencies on CNBC’s “Squawk Box” Thursday. The Neuberger Berman portfolio manager confirmed his fund is short Deutsche Bank. “Deutsche Bank has a very simple problem. It doesn’t make money. That’s a pretty shocking
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Former head of J.P. Morgan’s blockchain arm Amber Baldet has finally announced her next move. The former bank executive started a new blockchain company called Clovyr. “It’s a way to help people think differently about decentralized application design,” Baldet said Monday at the Consensus blockchain conference in New York. Baldet’s post-J.P. Morgan plans have been
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“Whilst we apologize for any delays, Consensus 2018 has received overwhelming interest and is the largest blockchain-focused event ever held in the United States,” Jacob Donnelly, director of marketing at CoinDesk, said in a statement. “We are working to reduce the wait time.” During last year’s conference, bitcoin accelerated its gains above $2,000. The cryptocurrency
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One of Wall Street’s biggest bulls sees blockchain playing a big role as an economic growth driver. It still may be considered an emerging technology, but Federated Investors portfolio manager Steve Chiavarone is folding the electronic system, which records cryptocurrency transactions, into his stock market forecast. “This is going to be one of five key
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“At Goldman you’re always looking for alternative asset classes, and I said, maybe this is an alternative investment that we should start to take seriously,” Matta said. The mania around the rise of cryptocurrencies has parallels to the dot-com boom from 20 years ago. Then, too, it wasn’t uncommon for Wall Street bankers to head
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While he’s bullish on digital payments through apps such as Alipay, Venmo, PayPal and Square, Roubini said blockchain and cryptocurrencies will not play a role in the future of finance. “I’m affirmative on that significant disruption, but most of this has nothing to do with blockchain, nothing to do with cryptocurrency,” he said. The economist
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The growth of bitcoin “mining” activity could send the cryptocurrency’s price as high as $64,000, investment research firm Fundstrat said Thursday. Bitcoin is created through an energy-intensive process known as mining, in which computers receive the cryptocurrency as reward for solving complex mathematical equations. Processing power to guess the solution is known as “hash power,”
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