Category: Business
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Technology Giant Sony, Offers Solutions To Strengthen Hardware Based On Blockchain In Two Patents
According to the documents published by the US Patent and Trademark Office (USPTO) on August 2, Japanese electronics giant Sony has applied for two patents to stimulate blockchain-based ecosystems. With these patents, Sony intends to advance the design and organize the blockchain hardware by bringing in new circuits in the distributed ledger technology processes. The…
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Now Coinbase Is In The Final Testing Stage For The Introduction Of Ethereum Classic
Coinbase, the leading cryptocurrency trade exchange, earlier this week, declared that it is now functional on the final parts for testing support for ETC (Ethereum Classic). Coinbase, in June, disclosed that it had intentions to include Ethereum Classic to its registered assets with reports to follow and at present, in its most recent update, it…
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Thousands Of Bitcoin ATMs Now Present All Over The World
The media this week reported a milestone of the 3,500 threshold being reached for BATMs (bitcoin ATMs) installed all over the world. One of the objectives behind BATMs is simplicity of onboarding to the realm of crypto. Currently, almost 9 BATMs are being installed each day. General Bytes and Genesis Coin make up over 50%…
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To Reach, $825 Million Target, Organized Crypto Trading Groups Manipulated Markets
According to a study published on August 5, the Wall Street Journal Manipulation of cryptocurrency is carried out mainly by trading groups that are organized using services such as Telegram. After the WSJ discovered the results of the research performed on cryptocurrency markets, the WSJ mentioned that synchronized pump and dump schemes have witnessed how…
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UBS Strategists Say, Key Factor Plummeting The Global Bitcoin Breakout Is Lacking Stability
A Swiss investment bank and financial services firm, Union Bank of Switzerland said that the volatility and scale of Bitcoin are still too high to use the digital currency as money, CNBC reported. In a note to customers, according to UBS analyst, Yoni Tevez, until legal support gets efficient enough and technical obstacles are surpassed,…
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LedgerX Clocks Record Trade For Bitcoin Options
LedgerX, the bitcoin derivatives trading provider, claims that it witnessed a record amount of trading over the course of past 2 Months. The company (in July alone) cleared $50 Million in derivatives volume, claimed Juthica Chou, chief risk officer and president, to the media in an interview. Previously this month, the company also executed its…
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Patent Filings By Sony Hint At Operation On Crypto Mining Hardware
Sony, the Japanese technology giant, wishes to patent 2 hardware approaches for maintaining and hosting blockchains, claims the newly published papers. The two filings from Sony are entitled “Device and System” and “Electronic Node and Method for Maintaining a Distributed Ledger,” unveiling for the first time that the firm is operating on blockchain-associated hardware concepts.…
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Starbucks Clarifies Cryptocurrency Payment Not Accepted For Its Coffee, In Response To Media Misrepresention
Starbucks said it would not consider and accept Bitcoin (BTC) or other cryptocurrencies as a type of payment, despite misleading media reports, spokeswoman of told Motherboard on Friday, August 3. Earlier on Friday, the Intercontinental Stock Exchange announced, that operates the New York Stock Exchange plans to create a new global platform and ecosystem for…
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VoxWeb To Roll Out Its Vollar Cryptocurrency
VoxWeb, the Singapore-located social media company, declared its plans to roll out Vollar, its cryptocurrency. The firm claims that Vollar will allow VoxWeb to monetize via fintech-based and social-commerce solutions without any requirement to serve targeted advertisements. It also plans to resolve the primary challenges in the mass acceptance of volatility, cryptocurrencies, and liquidity via…
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Overstock’s tZero Ends Its Security Token Offering
tZero, the token platform subsidiary of Overstock.com, is formally concluding its STO (security token offering). In addition to this, the platform claimed that there will not be additional expansion, as per its interview with the media. The interview claimed that investors with completely executed SAFEs (Simple Agreements of Future Equity) have a deadline till this…