Nydia Zhang of the Social Alpha Foundation: Using the Blockchain for Good

As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking. Zhang earned her bachelor’s degree in art history ...

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R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing  ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the ...

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Binance Showcase Decentralized Exchange Progress in Latest Video

Binance just offered its users an in-depth sneak peek of its forthcoming decentralized exchange (DEX). Announced in March of 2018, the decentralized exchange will be built on Binance’s own Binance chain, the soon-to-be base layer for BNB, Binance’s trading currency that is currently an ERC-20 token. A December 4, 2018, YouTube video posted by Binance’s official channel showcases the work ...

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Bitfury Is Implementing Lightning Into Crypto Payment Platform Paytomat

The Bitfury Group has recently announced a partnership with crypto payment processing system Paytomat, working to bring the Lightning Network to Paytomat’s participating merchants. According to a recent Medium post made by LightningPeach, “Bitfury’s in-house specialized Lightning Network engineering team,” the Bitfury Group is pouring its resources into Paytomat’s wallet and vendor system, enabling “users and merchants on the Paytomat ...

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BitGive Launches Bitcoin Donation Platform GiveTrack 1.0 on Mainnet

Having announced the beta version of its blockchain-based donation platform GiveTrack in 2017, the BitGive Foundation has now launched the GiveTrack 1.0 on the mainnet. The GiveTrack platform was created to bring transparency to the donation process. Using the platform, donations can be made with bitcoin, allowing donors to track the progress of the funds in real time, ensuring donations ...

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As It Ramps Up Enforcement, the SEC Has Been Looking Abroad for Assistance

2018 has been a hallmark year for the U.S. Securities and Exchange Commission (SEC)’s enforcement against cryptocurrency companies, and, according to one director, international collaboration with other regulatory agencies has played a supporting role in the SEC’s recent regulatory actions. Steven Peikin, co-director of the Division of Enforcement at the SEC, has credited international collaboration as a useful weapon in the ...

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Bitcoin’s Tech Trends of 2018: What This Year Brought Us (Part 1)

Where 2017’s dizzying price highs embedded “hodl” into the public consciousness, 2018 was the year in which “buidl” became a trend in the crypto-industry — and Bitcoin was no exception. Anticipated in Bitcoin Magazine’s first cover story of 2018, Bitcoin’s technological progress only accelerated this year. Improving Bitcoin from around the world, developers and entrepreneurs furthered Segregated Witness adoption, rolled ...

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South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real ...

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Bitfinex Gives Tether Competition, Adds Four of Market’s Top Stablecoins

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD). All stablecoins available on the exchanges will be traded against the U.S. dollar. Launched in 2018, ...

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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment

As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. The last time bitcoin experienced an adjustment on par with this recent one was on October 16, 2011, when it dropped 13.1 percent. Just over two weeks later, ...

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