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Blockchain Technology Breaks Down Borders – Travelchain Token Sale Launches Today

One of the thing that is so often said about blockchain technology is that it is helping to create a world without borders. A world that you can interact with in a truly global sense.And with regards to money this has largely been true.If you own a given cryptocurrency, owning it in France is not functionally different from owning it in Russia or Canada or Brazil. And there is no functional differ

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Substratum answers censorship call

Web censorship is on the rise, according to research by Freedom on the Net, two-thirds of all internet users live in countries where criticism of the government, military, or ruling family is subject to censorship. The World Economic Forum reported that global internet freedom declined in 2016 for the sixth consecutive year, 2017 is likely to be even worse.Internet freedom in the US was

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Company Behind $16K Smartphone Raises $110M In ICO

SIRIN Labs, a producer of privacy-focused smartphones, has managed to raise $110 mln in the first 24 hours of its recent token sale, according to a press release published by the team. The substantial response to their campaign is notable against a backdrop of the overall market of the Initial Coin Offerings (ICOs) facing a period of decline.A likely reason for the strong response on the ICO’s f

Venezuelans Turn to Bitcoin as Government Crackdown on Mining Intensifies

Economics In contrast to many people around the world, who adopt bitcoin to make a quick profit, citizens of Venezuela use the currency as a matter of sheer survival. Venezuelans resort to the cryptocurrency to stay afloat, fighting the rising tides of hyperinflation. Even in the face of fierce government crackdowns, which are only getting worse

Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions

Economics While the rising transactions fees are making bitcoin less usable for everyday purchases, its strength is drawing in companies and nation states looking to use the cryptocurrency. This is especially true for those locked out of the international financial system, as can be seen by the thinking of a top Putin aide.Also Read: Israeli PM Netan

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UK Regulator Gives Warning to Bitcoiners

The top brass at one of the UK’s leading financial regulators has given a stark warning to those investing in Bitcoin. Andrew Bailey of the Financial Conduct Authority said that people who had bought Bitcoin better be prepared to “lose all their money”. Presumably, he meant just the portion that they’d invested in cryptocurrency, however.For Bailey, without central banking, or government b

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South Korea Moves to Regulate Domestic Bitcoin Trading, Exchanges

Since late November 2017, South Korea has looked to regulate cryptocurrency trading in domestic exchanges, including Bithumb, Coinone and Korbit, The Korea Herald reports. Now, trying to tame the wave of wild cryptocurrency speculation in the country, South Korea is imposing trade bans for minors and looking for ways to impose taxes on investment returns.South Korea is the world’s third lar

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Varad Shambhawa from Indicoin Speaks to NewsBTC About the Platform

Indicoin has been making a lot of noise in the recent days, thanks to its innovative blockchain solution. The NewsBTC team decided to catch up with the platform’s creators to get some insight into the platform.Speaking to us, Varad Shambhawa, Community Admin Indicoin had the following to say NewsBTC: What’s your story? How you came up with the idea of Indicoin?Varad: India as a country is

Despite Regulation, Russians Plan to Build Europe’s Largest Mining Farms

Featured Undeterred by upcoming federal restrictions on Bitcoin, regional authorities in Moscow have announced intentions to attract European mining companies and investors. Cheap electricity and developed infrastructure will provide the incentives and more than 150 mining farms in the metro area are taking advantage of them already. A Russian compan

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Israeli PM: Bitcoin Could Replace Banks

In a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He based his claim on the trustless nature of Blockchain technology and on Bitcoin’s continuous, notable growth this year.In the video, Netanyahu stated confidently that banks will eventually become outmo

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