Rumita Patel
Humanity has a pretty messed up relationship with monetary value. There’s the $200 billion USD cryptocurrency market, where huge sums of capital seemingly with nothing more productive to do go to tumble and multiply, while public institutions and infrastructure slowly crumble form under-investment. How do we value the Earth as climate change continues to threaten…
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In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a…
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Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. Also read: Yahoo!…
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This is part 2 of an introductory series, written to explain some of the high level concepts within the world of cryptoassets and blockchain technology.Part 1 Money hasn’t had an upgrade in a while. Although it has taken many forms throughout history, we’ve settled into a world consisting of hundreds of government issued, or “fiat”…
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Governor John Kasich from the Midwestern state of Ohio signed a bill this week that formally recognizes data recorded on a blockchain and electronic signatures as having legal bearing in a court of law. The state joins Vermont and Arizona, two states that have already passed laws that recognize blockchain-based transactions. Also read: Philippines Building Crypto…
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All it takes is one misinterpreted text to land you in a heap of trouble with a friend, significant other, or colleague. Even serial texters aren’t immune — studies show that most recipients fail to tell the difference between sarcasm and seriousness about 44 percent of the time. That’s why Es Lee, a Harvard graduate…
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An Indian state is working with Tech Mahindra to build a new district within the state capital dedicated to incubating blockchain startups
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At the International Blockchain Congress held in Goa, experts on the technology as well as stakeholders from the government, police and academia discussed the importance of adopting blockchain. Blockchain, as the world knows, is a nascent technology. It is to us now what the internet was for the early nineties. But while the internet decentralised information, blockchain…
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Access to cheap electricity can make or break a cryptocurrency mining operation, and firms angling to strike it rich in an industry where delays can and will cost digital money will do just about anything to get it, as soon as they can. The latest move in the quest for bargain-basement kilowatt hours, as quickly…
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Wyre Co-Founder and CEO Michael Dunworth explains the vision behind his company, the evolving world of cryptocurrency and how blockchain technology is designing the future.
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