Month: July 2019

Telecom Giant Verizon Seeks Blockchain Experts to Develop Distributed Networks

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One of the giants in the telecommunication industry, Verizon, is looking to make its way into the blockchain community. The company is looking to hire a competent blockchain team for development of a distributed network in its upcoming projects. According to new jobs posted Verizon’s job posting site, the company is “focusing on emerging technologies” for developing new networks for all Verizon branches, including the Verizon Business Group, Global Technology Services, and Verizon Consumer Group. Currently, the company seeks five different blockchain engineers and an overall of 21 roles that…

Greek Billionaire Creates Cannabis-Pegged Stablecoin and Global Hemp Exchange

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What a beautiful time to be alive! The world just witnessed the launch of the first-ever global cannabis bank and a new related crypto stablecoin, SWX Coin. The Swissx Cannabis Bank, as it is fondly called, was launched on July 26 by the Greek billionaire, Alkiviades David. According to David, the goal is to revolutionize the cannabis industry, and he hopes to do this through the Swissx Bank which also operates a unique crypto coin and the Swissx Global Hemp Exchange. It is an indisputable fact that the burgeoning world…

Bitcoin Falls Under $9,600 as Most Altcoins See Major Losses

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Sunday, July 28 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, at the same time that Bitcoin (BTC) fell below the $9,600 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by 5.2% on the day, trading at $9,538 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 12.68%. Bitcoin 7-day price chart. Source: Coin360 The Bank of China, one of the four biggest state-owned commercial banks in the country, recently released an infographic on…

Syndicate Casino – An Online Bitcoin Casino

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Online gambling has become much more reliable with the advent of distributed ledgers. The TRON network boasts of a number of users but does not have much variety when it comes to the games that can be played. Syndicate Casino offers customers a fresh new experience in online gambling, allowing them to play a plethora of games for bets as low as €.5. Explore a Number of Games with Potential Rewards Your typical physical casino would have a number of different games, but all of them would be the same…

SEC Approves the Sale of PoQ Tokens Without Registration as Securities

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A gaming company known as Pocketful of Quarters (PoQ) has recently received the blessings of the U.S. Securities and Exchange Commission (SEC) to issue crypto tokens in its platform without registration PoQ plans on issuing the token dubbed Quarter in its gaming platform to enable players enjoy real-time gameplay without spending a fortune. Quarters are ERC-20 tokens, which will be issued on the Ethereum (ETH)trade blockchain. The platform, which is already furnished to the highest level, is ready to commence activities immediately after launch. If anything, this is one of…

Is US Environmental Tax Policy Hindering Solar Power to Fuel Digital Technologies?

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Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal of the technological/infrastructure, financial and regulatory/tax policy barriers. In a series of articles, we will evaluate the tax, digital technology and solar policies (including space power satellites) of the top CO2 emitting countries. The United States is at the forefront of blockchain and artificial…

Bitcoin (BTC) Price Weekly Forecast: Risk Of Significant Downside Break

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After a short term upside correction, bitcoin price failed to surpass $10,200 against the US Dollar. The price formed a double top near the $10,200 level and declined below the $10,000 support. There is a crucial bearish trend line forming with resistance near $10,350 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could breakdown if it continues to struggle near $10,000, $10,200 and $10,400. Bitcoin price is currently under pressure after it failed again near $10,200 against the US Dollar. BTC price could decline…

Ethereum Price Weekly Forecast: ETH Bulls Facing Uphill Task

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ETH price remained supported above the $200 level and recovered slightly support against the US Dollar. The price climbed above $220, but it faced a strong resistance near the $225 level. Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently at a risk of more losses unless it climbs above the $225 and $235 resistances. Ethereum price is showing signs of weakness against the US Dollar and bitcoin. ETH price…

Codebase focusing Investments on Cannabis sector and Blockchain Ventures

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Codebase, an investment company with a mission is to make strategic investments in emerging sectors and markets has announced that its future investments will also include innovative business opportunities in the cannabis sector and Blockchain technologies with select exposure to cryptocurrencies. Codebase’s management has already founded multiple publicly traded cannabis companies on Canadian exchanges, delivering significant returns to shareholders. With the growth of legal CBD and cannabis regions and countries worldwide, Codebase’s relationships and experience puts the Company in a prime position to make strategic investments in companies at early…

US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto

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Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out in favor of developing a permissive regulatory apparatus to prevent stifling innovation in the cryptocurrency sector. Several days prior to the hearing, the passing of the Blockchain Promotion Act signposted the government’s intention to develop a prudent legislative framework to oversee possible implementation of blockchain technology in various public sectors. Skepticism pertaining to the operation of Facebook and…