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Vehicle Lifecycle Blockchain Can Save You From Inflated Garage Bills

Do you trust your vehicle service centre? More importantly, should you? According to comparethemarket.com, the average car owner in the UK has paid £350 or $462 on repair shop bills over last 12 months. They also figured out that 75 percent of the drivers had no clue what they were being charged for. Things are not better across the Atlantic either, with USA Today saying that the average cost for

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Bitcoin Demand Surges in Zimbabwe Following Successful Coup

The price of Bitcoin surged by as much as 10% on the Zimbabwean exchange Golix in mid-November 2017 after the military successfully staged a coup d'état. The country is already known not to have a strong economy; Zimbabwe’s peak month of inflation was November 2008, when the rate of inflation hit an estimated at 79.6 billion percent.Based on data from the Golix website, Bitcoin’s price has sk

When the right to be forgotten becomes possible on the Ethereum blockchain

Storing diplomas or data on the blockchain will certainly infringe regulations on personal data’s protection. Lexing Alain Bensoussan’s Legal Opinion analyses compliance of the BCDiploma solution with the GDPR.The general regulation on personal data (GDPR) will be the new reference text on the protection of personal data, defined as “all information related to a physical person”. It will t

Coinbase Announce Cryptocurrency Custodianship as Institutional Money Floods In

Markets and Prices It’s hard to keep pace with the spate of stories surrounding institutional support for bitcoin right now. From futures contracts to bitcoin trading desks, big money is pouring into cryptocurrency. Coinbase have thrust their weight behind the growing movement, announcing a digital custody custodianship for institutions amidst a sl

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Crypto Trading and Traditional Assets: New Options for Investors

While trading of crypto-assets is booming, some investors are looking for options to trade traditional assets like stocks via cryptocurrencies. Three new operators are among those developing trading platforms to meet this need, with blockchain-based tokens pegged to the underlying assets.AnkorusAnkorus is establishing a platform that will permit trading traditional assets, including stocks, bonds,

RepuX Announces Upcoming Token Generation Event for its Blockchain-Backed, Data Sharing and Rewards Platform

Kraków, Poland; November 17th, 2017 — RepuX released its white paper today outlining its Ethereum-backed platform for Small and Medium Enterprises (SMEs) to earn rewards for sharing data on a decentralized network. Developers can use the data provided by SMEs to build Decentralized Applications (Dapps) that can then be sold back to SMEs to grow their businesses. This system of exchange and rewa

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Bitcoin Breaks Through $8,000 Following Massive Head Fake

Bitcoin just surmounted the $8,000 level, topping out at $8,020 on Bitfinex before retreating to $7,900 at press time. By now, reading about Bitcoin’s breach of its previous high might be getting repetitious, so strong has the currency’s bull run been. This time is an exception, though, because Bitcoin just pulled the mother of all head fakes.Looking backAbout a week ago, the SegWit2x hard for

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Virtual Currency Exchanges and US Customers Beware, IRS is Coming: Expert Blog

In the aftermath of Satoshi Nakamoto’s groundbreaking paper in 2009, money began travelling via a new financial route - virtual currencies. The first Bitcoin exchange was established on February 6, 2010 where Bitcoin traded for the first time for 0.3 cents.Last June, the American Institute of Certified Public Accountants (AICPA) asked the Internal Revenue Service (IRS) for more guidance on virtu

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Why ICO Landscape Has Shifted From ‘Bootstrapped’ Projects

With 75% of ICOs now failing the reach their soft cap, the entire market has changed direction. This may also squeeze out the scammers and raise the bar beyond pure start ups entrepreneurs…Our London correspondent Nick Ayton explores the very essence of an Initial Coin Offering (ICO) and the rapidly maturing market that is already very different from six months ago. It looks like we may soon see

Investor Sureties on Hand with DeHedge

Blockchain technology company DeHedge, established by the group of successful investors, aims to become the first on the global market to provide securities and insurance services for cryptocurrency projects worldwide.The risks involved in investing into an attractive ICO are many. An almost complete lack of government control, bylaws, regulations or rules makes it difficult to distinguish good in

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