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Centralized Cryptoruble Not Possible, Minister Tells Putin

Blockchain The Russian Ministry of Finance is not against a national cryptocurrency, provided the state does not participate in it. The creation of a centralized coin, like the cryptoruble, seems impossible, as cryptocurrencies are based on decentralized ledgers, Finance Minister Anton Siluanov told President Putin, according to Russian media.  

Say Goodbye to the Freeloaders – Make Your Data Pay

Last year Facebook reeled in revenue of $40.65 billion and its net income grew by a massive 56%. How does it make so much money from the social network? Well, it does it by monetizing the data that its users voluntarily provide, as well as the data users don’t even know they are providing.With two billion users of the platform worldwide, Facebook likes to position itself as service that aims to

66% of Funding to Stop the AI Apocalypse Comes from Crypto Donors

Security Have you ever suffered from existential dread about what will happen when the smart contracts will be smarter than you? Or that a blockchain can become self aware and force humans to bend to its will? Or maybe that a super AI will simply repurpose all the molecules on earth to produce paper clips? Well, worry no more because the crypto commu

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New Jersey High School Offering Lessons In Cryptocurrency and Blockchain

Union Catholic High School in Scotch Plains, New Jersey is teaching its students about cryptocurrencies. Mr. Tim Breza’s Business and Personal Finance Class is the focus of a CNBC documentary that is showcasing how cryptocurrencies like Bitcoin and associated blockchain technologies are being introduced and taught in high school and college classrooms.Mr. Breza, a 28-year-old history and fi

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Patent Stockpiling: Bank of America Holds 45 Crypto-Related Patents

A patent grants its holder exclusive rights to an invention, such as a piece of technology, for a certain period of time. While designed as a means of protecting the intellectual property of inventors, the system is not without its critics who believe that patenting deters innovation and wastes resources.Consider crypto founding fathers like Satoshi Nakamoto, individuals and groups who place ideas

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Cryptokitties is Coming to Mobile: Will Ethereum Handle the Extra Traffic?

The blockchain-based game that caused the Ethereum network to grind to halt in December last year could be about to draw in a lot more users. This is because CryptoKitties is getting launched as a Chinese-language iOS application. The mobile edition is expected to be available on February 16 in Greater China and Singapore. The game’s production studio, Axiom Zen, are unsure how successful the ne

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4NEW: BLOCKCHAIN POWERED BY FREE ENERGY

The first law of Thermodynamics states “Energy is neither created nor destroyed. It simply transforms itself from one form to another.” No where is this law better applied than in the case of 4NEW, the world’s first waste to energy power plant entirely integrated on the blockchain.When interviewing for this story with the founder, Mr. Varun Datta, the elegant architecture of the 4NEW vision

4NEW: Blockchain Powered by Free Energy

The first law of Thermodynamics states “Energy is neither created nor destroyed. It simply transforms itself from one form to another.” Nowhere is this law better applied than in the case of 4NEW, the world’s first waste to energy power plant entirely integrated on the blockchain.When interviewing for this story with the founder, Mr. Varun Datta, the elegant architecture of the 4NEW vision b

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Ripple’s Global Financial Network Partners With China-Based Payment Provider

LianLian International, a China-based payment services provider, has partnered with RippleNet in order to offer faster and less expensive cross border transactions to their customers across the US, Europe, and China, according to a Feb. 7 announcement on Ripple’s blog.RippleNet is Ripple’s decentralized global network, made up of banks and other financial institutions, that handles the real-ti

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Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List

Forbes, known for its “World’s Billionaires List”, published a list of the richest people in cryptocurrency for the first time, Tuesday Feb. 6.The goal of publishing such a list, according to Forbes Editor Randall Lane, is to“[provide] a snapshot of a pivotal moment, part of the transparency needed to pull crypto away from its provenance as the favorite currency of drug dealers and into th

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