The crypto industry has a major problem with how trading volumes are reported to data aggregators like CoinMarketCap.com. Much of the volume is overstated for a variety of reasons, and complaints of “fake volume” permeate the industry. Numerous studies have been conducted that document the “fake” level and disclose the reasons for such misrepresentations, but…
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Facebook is surely at the forefront of cryptocurrencies and blockchain, it appears. After the company began a hiring spree back in 2018, the idea of creating a FaceCoin or a specific blockchain network was on. Here is what Leaprate reported back then: According to CCN, Facebook is probably exploring options for providing blockchain-based payment methods…
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Amazon was long rumoured to be launching some type of blockchain or crypto-related product. There were even rumours that Amazon was going to launch its very own coin. While many of these were outright wrong, or wrong for now, Amazon did open up to the technology of blockchain. In particular, Amazon Web Services (AWS) announced…
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Nike (NYSE:NKE), probably the world's best known sports footwear and apparel company, has filed trademark for "Cryptokicks" and has sparked the interest of the general public whether or not the sports giant is thinking of going into the crypto space. According to press, it was on April 19th that Nike filed a trademark for the word…
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Blockchain is literally used in every industry and sector now. If a company knows how to add value through blockchain, then it surely do so given the advantages that the technology offers. The latest of the corporate giants to be eyeing blockchain is the cigarette and tobacco manufacturing company Philip Morris. As reported by press,…
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Samsung, the South Korean electronics giant, is reported to be developing its very own blockchain network on Ethereum and also considering the opportunity to launch its very own Samsung Coin in due course. According to press, the blockchain team that is developing the blockchain mainnet based on Ethereum is part of the wireless division of…
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Despite China’s anathema for all things crypto, Donald Tapscott, chairman of the Blockchain Research Institute and noted author on blockchain matters, believes that, over time, Chinese officials will get over their fears and embrace cryptocurrencies. In an interview with Bloomberg, he noted: In 20 years, we’re not going to be using bitcoin in China. The…
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The first of the "grand masters" in art has officially gone on blockchain. One of Rembrandt's 17th-century etchings has been validated and thus, immortalized through the power of blockchain. The ultimate goal is to protect the art work from art fraud. The etching in question is the famous “The Virgin and Child in the Clouds”.…
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Who knew? Who knew that while investors were enduring the consequences of Crypto Winter, lo and behold, some of the largest corporations around the world were hard at work behind the scenes embracing blockchain technology and developing their own workable solutions, while crypto development companies continued to search for the “killer app” that would reshape…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 10, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Token Taxonomy Act Underwhelms: A crypto-friendly bill has been reintroduced to Congress, but the new version does…
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