Deep-Sea Treasure Hunting on the Blockchain

With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep-sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology. Using an approach that tokenizes shipwrecked items found on the seafloor, the founders behind blockchain startup PO8 intend to revitalize marine archaeology in the region ...

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Strategic Partnership Announced Between TokenPay and Litecoin Foundation

In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9.9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval. On July 10, 2018, that 9.9 percent stake has been transacted to the Litecoin Foundation in exchange for a marketing and technology service agreement ...

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Bitcoin Price Analysis: Breach Below Trading Range May Spark Spring Retest

After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics. However, today’s pullback has us retesting the ...

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Augur Launches Decentralized Prediction Marketplace

Augur, a blockchain-based predictions platform, has opened to the general public. The platform becomes the “world’s first” decentralized prediction-market platform. Augur was created by the Forecast Foundation, a not-for-profit corporation whose goal is to build “open-source, public forecasting tools.” Prediction markets — which are a general type of financial market — have long been dominated by the likes of Paddy ...

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CBOE Files with SEC for Bitcoin ETF

The United States Securities and Exchange Commission (SEC) is examining an application from the Chicago Board Options Exchange (CBOE) Global Markets which, if approved, could grant the company a coveted bitcoin ETF license, and bring new waves of institutional investors to the bitcoin arena. The process began in June 2018, when the SEC recently sought comments from industry professionals regarding ...

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Expanding the Practical Use of Blockchain Technology Within Insurance

The Institutes RiskBlock™ Alliance is joining forces with Accenture in a move that will see both companies expand the use of blockchain technology within the insurance sector. Accenture joins the Alliance as the lead framework architect responsible for developing a “production-grade platform” to create and implement blockchain use cases. The Institutes RiskBlock Alliance is a consortium of industry experts who ...

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Bitcoin Magazine’s Week in Review: Exchanges, Altcoins and Allegations

Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API. On the topic of regulation, the EU has put out another report on virtual currencies warning officials not to ignore them but treat them like any other financial instrument; the SEC is ...

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Swiss Stock Exchange Operator Plans to Launch Crypto Exchange

SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch “the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading” while providing a safe environment where digital assets can be issued and existing securities and non-bankable ...

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HBUS Opens its Digital Currency Trading Platform to U.S. Customers Today

HBUS, a virtual currency marketplace and the U.S. strategic partner of Huobi, has begun accepting new registration from U.S. residents, starting today July 6, 2018. American customers will be able to deposit cryptocurrencies such as bitcoin and ether on its platform. However, users won’t be able to trade or make withdrawals until the marketplace goes live on July 10, 2018. ...

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