Ex-Federal Reserve Chairman Greenspan: ‘No Point’ Issuing Central Bank Digital Currency

Ex-Federal Reserve Chairman Greenspan: ‘No Point’ Issuing Central Bank Digital Currency

The former Federal Reserve chairman Alan Greenspan said at a conference that it is pointless for central banks to issue their own digital currencies. Presenting his views, Greenspan said that national (fiat) currencies are backed up by sovereign credit and therefore are far superior to digital assets proposed by tech giants like Facebook. “There’s no point for them to do it,” Alan Greenspan affirmed a financial conference in China. Describing the importance and potential of…

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Venture Capital Firm Andreessen Horowitz Presents Free Crypto Startup School

Venture Capital Firm Andreessen Horowitz Presents Free Crypto Startup School

Andreessen Horowitz, the Silicon Valley-based venture capital firm with $10 billion assets under management, announced the a16z Crypto Startup School, a free seven-week blockchain and crypto learning program. The program will start next year in February. In the announcement, Andreessen Horowitz said that interested individuals will hear from leading technologists and investors in the field of blockchain and cryptocurrenciesm and learn on how to create blockchain or crypto startups. Blockchain and cryptocurrencies are relatively new…

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Report: In 4 Years the Number of Crypto Jobs Multiplied by Nearly 15

Report: In 4 Years the Number of Crypto Jobs Multiplied by Nearly 15

With the ever-increasing adoption of Bitcoin(BTC)trade and other cryptocurrencies, it’s no surprise that there is a soaring demand for professionals in this area. Let’s explore the job growth in crypto-related fields, and attempt to estimate the demand for blockchain talent and crypto experts for the upcoming year. The website Beseen has published a short report on how Bitcoin, alt-coins, and blockchain have affected the job market. The report analyzes the millions of job posting available…

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Canadian Couple Tries to Sell their House in Bitcoin; “It’s the Future”

Canadian Couple Tries to Sell their House in Bitcoin; “It’s the Future”

A couple from Calgary in Canada, Jennifer Blachette and Martin Kanka, are selling their house and asking for 27.1 Bitcoin(BTC)trade instead of dollars. This might be the first case of its kind that has drawn a lot of attention from media outlets. The local news outlet CTV News Calgary reported that the husband and wife Blachette and Kanka have recently put their house for sale. The surprising thing about it that caught the attention of…

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Tether Calls Explosive Research about Bitcoin Manipulation “Flawed Paper”

Tether Calls Explosive Research about Bitcoin Manipulation “Flawed Paper”

The stablecoin Tether (USDT) has been in the news pretty much since Bitcoin(BTC)trade skyrocketed to its all-time high of $20K at the end of 2017. Several controversies and lawsuits have been hovering around Tether, alleging it manipulatively pushed the Bitcoin’s price to astronomical heights. Several researchers have even published a thorough hypotheses about it. University of Texas’s Professor John Griffin and Ohio State University’s Amin Shams have published a paper that claims Tether was responsible…

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The UN: North Korea Laundered Money via Hong Kong-Based Blockchain Company

The UN: North Korea Laundered Money via Hong Kong-Based Blockchain Company

The United Nations is accusing North Korea of using a blockchain firm in Hong Kong to carry out money laundering schemes and other illicit activities. The English version of the Korean news outlet Chosun reported that the UN Security Council’s Sanctions Committee has initiate the investigation on North Korea regarding the issue. North Korea has a proven history of cyber attacks and home-grown hackers. The country has about 200 groups of hackers overseas and the…

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Coca-Cola Employs SAP’s Blockchain to Enhance Supply Chain Productivity

Coca-Cola Employs SAP’s Blockchain to Enhance Supply Chain Productivity

Coke One North America (CONA), the IT platform of the North American beverages company giant Coca-Cola, is implementing the blockchain technology of the German software firm SAP. The aim is to improve the company’s complex production process and supply chain operation by increasing efficiency, bringing transparency in inventory and enabling faster payment processing. Blockchain has been around for a decade now and many business entities and organizations, including corporate giants like Microsoft and Amazon, have…

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Research: One Buyer on Bitfinex Manipulated Bitcoin’s Price in 2017

Research: One Buyer on Bitfinex Manipulated Bitcoin’s Price in 2017

Bitcoin(BTC)trade touched its all-time high of nearly $20,000 in December 2017, and now researchers at the University of Texas and Ohio State University believe that this rally was fueled by a single big money movement in a new research paper. The academic paper also alleges that the USD-backed stablecoin Tether (USDT) is responsible for the astronomical rise in the BTC price in 2017, allegation which has already been raised previously and that is investigated by…

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Crypto Entrepreneur Bobby Lee Claims Giving Bruce Willis Bitcoin; Users Express Disbelief

Crypto Entrepreneur Bobby Lee Claims Giving Bruce Willis Bitcoin; Users Express Disbelief

Imagine a conversation between a crypto nerd and one of the most popular Hollywood stars who has little or no idea about cryptocurrencies… The founder of the Ballet Hardware cryptocurrency wallet and board member of the Bitcoin Foundation, Bobby Lee, has recently posted series of tweets in which he described his conversation on Bitcoin(BTC)trade and related tech with the popular movie star Bruce Willis. Lee also received mix replies on Twitter from crypto enthusiasts and…

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DEA Official: Cryptocurrencies Fuel the Opioid Crisis in the US

DEA Official: Cryptocurrencies Fuel the Opioid Crisis in the US

Cryptocurrencies have become one of the favorite ways to get away from legal authorities for individuals dealing with selling controlled substances such as opioids. The opioid crisis has become a serious issue as it kills 130 people every day in the U.S. due to overconsumption of opioids in the form of prescription pain relievers, heroin, and synthetic opioids such as fentanyl. Now, the fight against the opioid crisis is getting tougher as the criminals have…

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