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Crypto Onslaught in China Continues as Guangzhou Bans Cryptocurrency Events

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In an ongoing onslaught on the once-booming Chinese cryptocurrency industry, China’s Guangzhou Development District government has prohibited all physical venues from hosting digital currency-related promotions or events. Guangzhou Development District, which is one of China’s special economic zones, reportedly issued a circular to all local business on August 24 outlawing them from hosting any crypto-related … Read more

University College Oxford Set to Launch Blockchain Research Center

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University College Oxford has become the latest institution to establish a blockchain research facility. The university will now have an ultra-modern research center explicitly designed to research blockchain technology. The initiative will be spearheaded by the university’s cryptography expert, Professor Bill Roscoe, who has been researching automated verification and cryptography for over three decades. The … Read more

Rakuten Acquires Crypto Exchange to Fast-Track Into the Japanese Market

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Japanese mega e-commerce and internet company Rakuten Inc. is entering the crypto space. Instead of submitting a new application to the country’s financial regulator, Rakuten is acquiring an existing crypto exchange to fast-track into the Japanese crypto market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rakuten to Operate Crypto Exchange Rakuten Inc. announced … Read more

Yahoo Finance Users Can Now Trade Bitcoin, Ether, and Litecoin

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2018 seems to be a year of mainstream cryptocurrency adoption, as Yahoo Finance has joined the party by integrating buy and sell options for three cryptos. Yahoo Finance users can now buy and sell Bitcoin, Ethereum and Litecoin through the site’s portal. The three digital assets are currently ranked first, second, and seventh respectively in … Read more

California State Legislature Passes Law Establishing a Blockchain Working Group

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California’s state legislature has passed a bill which aims to form a working group on blockchain technology. According to the bill, the primary role of the working group will be to find out how blockchain can be introduced and used in government, schools, and other public institutions. It will also determine how blockchain can fit … Read more

Viabtc CEO Proposes BCH Organization to Establish Standards

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On August 31 the CEO of the firm Viabtc, Haipo Yang, published a blog post proposing the establishment of a standardization organization like the World Wide Web’s W3C consortium. Haipo Yang wants to start a similar group called the Bitcoin Cash Standard Organization (BCSO) in order to create standards and achieve better transparency when it … Read more

Kiev’s Bessarabsky Market Accepts Cryptocurrencies for Groceries

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Bessarabsky market, a landmark of Ukraine’s capital, is introducing crypto payments. Fruits and vegetables are already sold for a number of cryptocurrencies including bitcoin cash (BCH). The initiative to offer the alternative payment option aims to show how simple it is to use cryptocurrency in everyday life.   Also read: New Bill Clarifies Crypto Taxation … Read more

Bitcoin Price Watch: Currency Slides Back Up, Will Be Big in Five Years

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At press time, the father of cryptocurrency is back in the high $6,900 range and is trading for just shy of $7,000. After a minor dip that brought it down to about $6,800 yesterday afternoon, the asset is showing signs of recovery and moving back up the financial ladder. The brief fall comes from buyers’ … Read more

US Renewable Energy Sources Surpass Nuclear: Will it Affect Crypto Mining?

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According to new figures provided by the US Energy Information Administration and obtained by Cleantechnica, an energy-focused publication, renewable energy sources surpassed nuclear energy sources in 2018, which could have a profound impact on the global crypto mining sector. For many years, especially in December of 2017 during the peak of the cryptocurrency market, major … Read more

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