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Sberbank, Russia’s Largest State-Owned Bank, is Eyeing Ethereum Integration

Sberbank, Russia’s Largest State-Owned Bank, is Eyeing Ethereum Integration

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Sberbank, Russia’s Largest State-Owned Bank, is Eyeing Ethereum Integration Sberbank, a major state-owned bank in Russia, has joined the Enterprise Ethereum Alliance (EEA), to test the applicability of the Ethereum blockchain network on existing banking infrastructures and systems. Earlier this week, 48 new members including HP and Japanese telecom KDDI have joined the EEA, the Ethereum blockchain consortium led by the Ethereum Foundation. Today, the EEA houses some of the largest conglomerates in the finance and technology sectors, such as Intel, JPMorgan, Santander, and Microsoft. Sberbank’s Vision in Ethereum Integration Since the beginning of 2017, many major financial institutions in Russia have started to consider the integration of Ethereum to automate operations which otherw
Trump’s Attorney General Jeff Sessions: ”Bitcoin is a big problem” – Bitcoin News

Trump’s Attorney General Jeff Sessions: ”Bitcoin is a big problem” – Bitcoin News

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Trump's Attorney General Jeff Sessions: ”Bitcoin is a big problem" - Bitcoin News Featured President Donald Trump’s Attorney General, Jeff Sessions, testified before the Senate Committee on the Judiciary. The committee is given rather broad powers concerning federal criminal law and internet privacy. During a quick exchange, hours into the hearing, Mr. Sessions was asked about the “dark web.” His answers might foreshadow what’s ahead for digital privacy and bitcoin users. Also read: Two U.S. Senators Submit a Bill to Investigate Digital Currencies Jeff Sessions and Dianne Feinstein Find Consensus Upon returning from morning recess, a skeletal assembly remained in the Senate hearing chamber. Even a sizeable number of the committee’s own members bailed. At three hours, forty thre
Goldman Sachs Will Start Bank Money ‘Stampede’ Into Bitcoin: Ritholtz CEO

Goldman Sachs Will Start Bank Money ‘Stampede’ Into Bitcoin: Ritholtz CEO

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Goldman Sachs Will Start Bank Money ‘Stampede’ Into Bitcoin: Ritholtz CEO Ritholtz Wealth Management CEO Josh Brown has said the “stampede is coming” for Bitcoin from banks - as soon as next year. In a piece on Reformed Broker, Brown, who is a legacy finance figure openly supportive of cryptocurrency, said Goldman Sachs is rumored to be the major institution to take Bitcoin mainstream with Wall Street. “I mentioned a few weeks back that you can practically smell it in the air – the big money is coming into this space. I can’t imagine how that doesn’t blow the price up into the stratosphere,” he wrote. GS going into Bitcoin “The big rumor going around last night is that Goldman Sachs is going to launch market-making in crypto currency for their clients in the third quarter of 2018.
PR: Smartbillions Blockchain Lottery Continues Ticket Sales and ICO Success! – Bitcoin News

PR: Smartbillions Blockchain Lottery Continues Ticket Sales and ICO Success! – Bitcoin News

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PR: Smartbillions Blockchain Lottery Continues Ticket Sales and ICO Success! - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. WWW: www.SmartBillions.com LINK: PARTICIPATE IN THE ICO The SmartBillions ICO begun on October 16th with dynamic interest on the part of both Players and Investors growing consistently! After the latest version of the lottery platform was launched on October 14th, it gained significant traction early on. Currently, more than 6000 tickets have been played and there have been almost 300 wins
Sweden Latest Government to Auction Bitcoins, Turns Tidy Profit – Bitcoin News

Sweden Latest Government to Auction Bitcoins, Turns Tidy Profit – Bitcoin News

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Sweden Latest Government to Auction Bitcoins, Turns Tidy Profit - Bitcoin News Featured Asset forfeiture goes digital, as governments around the globe attempt to profit from the world’s most popular cryptocurrency’s soaring value. Sweden joins its ranks, auctioning off bitcoin at a sizeable margin. Also read: Ross Ulbricht’s 144,336 Bitcoins Sweden Lives in a Digital World “Now you can buy bitcoin at the Crown Bailiff,” Sweden’s Crown Bailiff Authority excitedly headlined a recent site press release. Kronofogden is a government debt collection bureau, and with the full power of the state it is the only governmental of its kind in the country allowed to seize money, assets, and property from debtors. Johannes Paulson, Operations Developer for the agency, explains how assets “are
Bitcoin Surging Means New Storage Fears as Users Take Extreme Measures – Bitcoin News

Bitcoin Surging Means New Storage Fears as Users Take Extreme Measures – Bitcoin News

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Bitcoin Surging Means New Storage Fears as Users Take Extreme Measures - Bitcoin News Hardware Bitcoin millionaires are now a thing, and so are thousandaires. It’s been a good, good year for users of the world’s most popular cryptocurrency. With sums exceeding expectations by a lot, problems arise. Keeping it all on a smartphone no longer seems reasonable. Exchanges prove insolvent. And so storage has become an obsession, leading to interesting extremes and hardware innovations.  Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough Swiss Mountain Storage “This is not a race. It is a chess game, Xapo’s head of security, Carlos Rienzi, warns. “You have to think about the opponent’s next movement. You can never relax.” Xapo was born ultimately from its found
Gates Foundation Launches Blockchain-based Mobile Payments Solution

Gates Foundation Launches Blockchain-based Mobile Payments Solution

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Gates Foundation Launches Blockchain-based Mobile Payments Solution The Bill and Melinda Gates Foundation has launched the Mojaloop open-source payments software to provide an interoperability layer between financial institutions, payment providers, and other companies offering payment services to the poor and unbanked people around the world. The mobile payments system employs the Interledger technology that was developed by distributed ledger technology (DLT) startup Ripple. According to the foundation’s deputy director of financial services for the poor, Kosta Peric, the new software is aimed at resolving the issues with respect to the interoperability of digital payments. He also issued an invitation to players in the banking and payments industries to test the system. "Interop
Australian University Allows Students to Earn Ethereum from Campus Purchases

Australian University Allows Students to Earn Ethereum from Campus Purchases

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Australian University Allows Students to Earn Ethereum from Campus Purchases An Australian university has partnered with Blockchain startup to offer Ethereum-based rewards program. Students at the University of New South Wales (UNSW) will soon be able to earn Ether tokens for purchases made on-campus. The program runs from October 6 to November 20, 2017. According to the startup’s managing director, Andrew Lowe, they are excited to monitor how the student members will respond to the program due to the sharp rise in the value of Ethereum. "Last month, the value of Ether rose by 30%, so we're excited to see how members respond to this type of loyalty currency vs. traditional approaches such as points. We're confident they'll find it much more engaging, but the research will give us a
Coinmall Hopes to Build an Ebay for Digital Goods Powered by Cryptocurrency – Bitcoin News

Coinmall Hopes to Build an Ebay for Digital Goods Powered by Cryptocurrency – Bitcoin News

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Coinmall Hopes to Build an Ebay for Digital Goods Powered by Cryptocurrency - Bitcoin News Services This week we looked at a new cryptocurrency-based marketplace called, Coinmall.io, a platform that allows users to purchase digital goods with bitcoin and litecoin. Further, news.Bitcoin.com discussed the marketplace platform with its founder, Yousef Abdulhassan, who explains the project recently launched its alpha version this month. Also Read: Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity  Coinmall Launches Alpha Marketplace Offering Digital Goods for Cryptocurrencies Coinmall’s founder Yousef Abdulhassan explains that his new marketplace is a global, pseudonymous, and free market where users can buy and sell digital goods for cryptocurrencies. A
First World Fat Cat Jamie Dimon Doesn’t Understand Poverty, Bashes Bitcoin

First World Fat Cat Jamie Dimon Doesn’t Understand Poverty, Bashes Bitcoin

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First World Fat Cat Jamie Dimon Doesn’t Understand Poverty, Bashes Bitcoin It’s said how little Jamie Dimon knows about the needs of people who live in the countries of South America, Central America, Africa and Asia. Dimon keeps finding new ways to show his lack of understanding of Bitcoin, and of the economic realities of most of the world’s population. He recently said: “If it can be done digitally with the Blockchain, so be it. But it will still be a dollar cryptocurrency. What I have an issue with is a non-fiat cryptocurrency. So crypto sterling, euro, yen, they are all fine. I don't personally understand the value of something that has no actual value.“ Fat cats For an American millionaire with a narrow view of the world, he may be right. But for the inhabitants of more than