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Osato Avan-Nomayo · April 30, 2018 · 7:00 pm<!– Excerpt Oscar Mayer, the famous bacon brand has created a new cryptocurrency called bacoin. The company made the announcement on April 30, introducing the new coin.  Bacoin: The First Ever Bacon-backed Crypto Bacoin is a promotional campaign cryptocurrency that is backed by real Oscar Mayer bacon. …

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[unable to retrieve full-text content] Citron calls bitcoin strategy ‘nonsense’  CNBC Full coverage Source link

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The Australia and New Zealand Banking Group (ANZ) has announced a blockchain solution aimed to improve efficiency in the insurance industry. Working with tech giant IBM and financial services firm Suncorp New Zealand, ANZ is building a blockchain-based platform aimed to ease the transfer of data and premium payments between brokers and insurers, ultimately making …

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The United Nations Children’s Fund (UNICEF) is seeking to harness supporters’ computers to raise donations via cryptocurrency mining. To that end, the organization has launched “The Hope Page” – a website that mines cryptocurrency with the help of visitors’ computer processing power. The non-profit described in a statement that site will “allow Australians to provide help …

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Wilma Woo · April 30, 2018 · 5:00 pm<!– Excerpt A Japanese regulatory working group focussing on cryptocurrencies has suggested exchanges should not be “allowed” to trade certain altcoins including Dash and Monero. FSA Suggests Altcoin Squeeze As Forbes reports citing a meeting of the group, which consists of industry experts organized by Japan’s regulator …

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Payments giant Mastercard wants to patent a way to quickly add new nodes to a blockchain network, new filings reveal. In a patent application published Thursday by the U.S. Patent and Trademark Office, the company outlines a method by which nodes can connect with and verify the contents of a particular blockchain. Per Mastercard, the idea is …

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Shares of Square fell Monday after noted short-seller Andrew Left’s Citron Research said excitement over the payments processor’s bitcoin trading product was overdone. div > div.group > p:first-child”> The stock briefly lost 3.8 percent to $45.76 a share before recovering much of its losses and closing 0.48 percent lower. Square is a “collection of yawn …

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Georgi Georgiev · April 30, 2018 · 3:00 pm<!– Excerpt Cryptocurrency trades surge in Malta, making the tiny nation a predominant leader in the field, surpassing countries like Japan, Korea, China, and the USA. A research carried out by Morgan Stanely also shows that Belize is second to the lead. Malta, the New Leader in …

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Despite last weeks ban on the cryptocurrency market by central banking authorities, Iran is still moving ahead with plans to develop an experimental local coin, according to a government minister. Just last week Iran’s central bank prohibited banks in the country from dealing in cryptocurrencies, citing fears of associated money laundering. In related financial news, Iran moved …

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After a brutal start to the year for cryptocurrency investors, Bitcoin bounced back big time in April. As of April 1, each unit of Bitcoin was selling for $6,816, roughly one-third of the value that Bitcoin hit at its peak (near $20,000) last December. At the end of April, though, Bitcoin was worth roughly $9,300. …

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