Month: July 2019

Because of its pseudo-anonymous, censorship-resistant nature, cryptocurrency has become a popular payment method in the adult entertainment industry. Pornsites, webcam sites and online sex shops have been using crypto to reduce their dependence on traditional payment services, which often impose restrictions and high transaction fees on these kinds of businesses — which are considered to
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Kyoto University and the University of Tokyo have joined Ripple’s University Blockchain Research Initiative (UBRI) per CoinDesk Japan. The 2018 program now boasts 33 participants including Princeton University, Carnegie Mellon, and the National University of Singapore, among others. Ripple committed $50 million toward the project to develop blockchain, cryptocurrency, and digital network programs. Funds sent
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Chinks are starting to appear in Apple, as quarterly earnings were generally unimpressive. When Apple reports a quarter like this, the stark contrast between the visionary Steve Jobs and game–manager Tim Cook becomes readily apparent. [embedded content] Sad, Sad Numbers Product revenues for the quarter were $42.35 billion, which is an incredible number on an
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Blockchains are all and well and good, but they won’t be enough to bring financial services to the underbanked and unbanked. At least, that was the drift of a U.S. Senate hearing Tuesday on cryptocurrency regulation, where lawmakers and witnesses scrutinized the oft-repeated claim that the technology will spur financial inclusion. During the Senate Banking
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Overnight, the bitcoin price flash crashed to $9,100 across major crypto exchanges in the likes of Bitstamp and Coinbase, dropping by nearly seven percent against the U.S. dollar. The bitcoin price flash crashed to $9,100, recovered beyond $9,500 within minutes (source: coinmarketcap.com) The bitcoin price flash crashed to $9,100, recovered beyond $9,500 within minutes (source:
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Bitcoin (BTC) users can now take advantage of the Lightning Network while sending coins on Blockstream’s Liquid sidechain.  Bitcoin’s Lightning Network designed to work across multiple chains Following the debut of support for stablecoin Tether (USDT) on Liquid, Blockstream CEO Adam Back confirmed on Twitter that the technology can also support Lightning payments. Using a
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Facebook has acknowledged what many have been saying – that regulatory issues may be an insurmountable barrier to the launch of its Libra global cryptocurrency project. In a frank disclosure in the firm’s latest quarterly report to the U.S. Securities and Exchange Commission (SEC), the firm said that the many barriers it will face regarding
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