Crypto Startups More Valuable Than Blockchains — Can the Trend Change?

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Twitter Facebook LinkedIn In the crypto bull market of late 2017, when tokens reached a valuation of tens of billions of dollars, blockchain networks comfortably surpassed the valuation of commercial companies in the cryptocurrency ecosystem. At the time, for venture capital investors, direct investments in digital assets and cryptocurrencies seemed substantially more profitable than early-stage […]

Activision Alums Raise $16 Million to Build EOS-Focused Blockchain Game Studio

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Twitter Facebook LinkedIn Mythical Games is “a next-generation game technology studio.” Their focus is online games where players own the assets they develop or acquire in the game – true digital ownership powered by the blockchain, as opposed to managed digital ownership backed by centralized servers. It’s an important difference. When a player acquires assets […]

Report: Bitcoin Scam Compromising Google and Target Accounts Came from Third Party App

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A recent Bitcoin scam on Twitter that compromised several major companies verified accounts came from a third-party app, tech news outlet the Next Web (TNW) reports Friday, Nov. 16, citing social media officials. Speaking to TNW, a Twitter spokesperson confirmed that the attack came from an outside software provider and not from Twitter’s own system. […]

Report: Crypto and Oil Market Slumps Are Sign of Approaching ‘Flash Crash’ in Markets

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Analysts from Bank of America Merrill Lynch have said that the crash in cryptocurrency and oil markets are indicators of a looming “flash crash” in markets, Reuters reported Nov. 16. The strategists reportedly suggested that rising volatility across various asset classes and deleveraging, such as that which happened in oil markets over the past weeks, […]

Bitcoin Cash: Where the 4th-Largest Cryptocurrency Stands the Day after the Fork

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Twitter Facebook LinkedIn Yesterday, the Bitcoin Cash network activated its second scheduled semi-annual hard fork since the cryptocurrency split away from the original Bitcoin blockchain. Unlike the previous protocol upgrade, however, this fork was contentious, with development teams launching two competing, incompatible BCH implementations. Background: Another Fork in the Bitcoin Cash Road The group adhering […]

Iran Close to Shifting Rial to Digital Currency Due to Sanctions

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Iran is about to launch its Rial digital currency, which is being developed by the Informatics Services Corporation. According to the agency’s CEO, Seyyed Abotaleb Najafi, the coin will support Iran’s fiat. As things stand, the Western Asian nation has been blocked from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) monetary system and is […]

Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

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Acting U.S. Attorney General Matthew Whitaker once was involved in an alleged scam promoting strange inventions, including a time-travel cryptocurrency. Attorney General Matthew Whitaker Backed an Alleged Scam Company Earlier this month, United States President Donald Trump ousted Attorney General Jeff Sessions from his post after Trump grew increasingly frustrated with Sessions’ recusal from the […]