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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 16

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 16

BITCOIN
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 16 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Fundstrat's Thomas Lee believes that Bitcoin mining is an unprofitable venture at current prices. A model developed by his data science team has pegged the breakeven price at $8,038. If prices fall further, the miners will start to lose money on their operations. Shone Anstey, co-founder and president of Blockchain Intelligence Group opine...
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US State Department And Coca-Cola To Use Blockchain Technology To Fight Forced Labor

US State Department And Coca-Cola To Use Blockchain Technology To Fight Forced Labor

BITCOIN
Please share if you find this article interesting. US State Department And Coca-Cola To Use Blockchain Technology To Fight Forced Labor The beverage giant Coca-Cola is teaming up with the US State Department and three other companies to launch a project that uses Blockchain technology to create a secure registry of workers worldwide, Reuters reports March 16. According to the International Labor Organization, nearly 25 mln people work under forced labor conditions globally, 47 percent of whom live in the Asia-Pacific region. Beverage companies have faced pressure from regulators to address  the issue of forced labor in countries where they get their sugarcane. Last year, global supply-chain transparency organization KnowTheChain released a study which showed that most food and be
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Bitgrail Plans To Refund Hacked Users With Self-Issued Token, But Not Allowed To Sue

Bitgrail Plans To Refund Hacked Users With Self-Issued Token, But Not Allowed To Sue

BITCOIN
Please share if you find this article interesting. Bitgrail Plans To Refund Hacked Users With Self-Issued Token, But Not Allowed To Sue Italy-based cryptocurrency exchange Bitgrail announced that it promises to refund Nano (XRB) tokens stolen in a February hack amounting to $195 mln, so long as users sign an agreement to forgo any legal action, Bitgrail announced March 14. In a press release on its website, Bitgrail said that, “the use of the platform for the victims of the theft will be bound by the signature of a settlement agreement. The latter will be characterised by an expressed renouncement from the users to every type of legal action, and will have to be formalized through the compilation of a form.” Bitgrail will not take responsibility for the security breach, stating t
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Slovenian City Unveils World’s First Public Bitcoin Monument

Slovenian City Unveils World’s First Public Bitcoin Monument

BITCOIN
Please share if you find this article interesting. Slovenian City Unveils World's First Public Bitcoin Monument News The Slovenian city of Kranj has inaugurated what it claims to be the world’s first public Bitcoin monument. A roundabout in Slovenia’s fourth largest city now hosts a large ‘B’ in the center that connects two roads at Kranj’s city center. Also Read: Soon There Will Be More Bitcoin Investors Than Stock Traders in Indonesia Slovenian Roundabout Becomes Tribute to Bitcoin The Slovenian city of Kranj recently unveiled a public monument to bitcoin and blockchain technology, of which it claims is the first in the world. The monument was financed by major bitcoin exchange Bitstamp, and blockchain software company 3fs. The three-tonne metal sculpture is situated near
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Korean Regulator Warns Kakao’s ICO Abroad Could Violate Crypto Regulations – Bitcoin News

Korean Regulator Warns Kakao’s ICO Abroad Could Violate Crypto Regulations – Bitcoin News

BITCOIN
Please share if you find this article interesting. Korean Regulator Warns Kakao's ICO Abroad Could Violate Crypto Regulations - Bitcoin News Regulation Responding to media reports that South Korean internet giant Kakao plans to raise funds using an initial coin offering (ICO) abroad, the country’s financial regulator reportedly warned that the ICO could violate current cryptocurrency regulations. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies ICOs Abroad Could Still Violate Korean Laws Kakao Corp, which operates the country’s most popular chat app, Kakao Talk, plans to raise funds through an ICO overseas as well as issue its own Kakao coin, according to local media reports. Choi Jong-ku. At a press conference held at the government buildin
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Ukraine to Legalize Crypto Mining as Economic Activity – Bitcoin News

Ukraine to Legalize Crypto Mining as Economic Activity – Bitcoin News

BITCOIN
Please share if you find this article interesting. Ukraine to Legalize Crypto Mining as Economic Activity - Bitcoin News Economy & Regulation The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. Also read: Ukraine’s Financial Watchdog Clarifies Stance on Cryptos Easing the Pressure on the Crypto Community Ukraine’s legislature does not seem to be in a hurry to adopt new crypto legislation, but the executive power in Kiev has taken matters into its own hands. At a meeting on Thursday, the Minister of Economic Development Stepan Kubiev ordered several other
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US: Plattsburgh NY Introduces Temporary Ban On New Crypto Mining Operations

US: Plattsburgh NY Introduces Temporary Ban On New Crypto Mining Operations

BITCOIN
Please share if you find this article interesting. US: Plattsburgh NY Introduces Temporary Ban On New Crypto Mining Operations The small US city of Plattsburgh NY has unanimously passed a measure to ban crypto mining in the town, Vice reported March 15. The city council unanimously approved an 18 month moratorium on crypto mining activities in Plattsburgh. The moratorium only affects new Bitcoin mining operations and does not affect ones already existing in the city. The idea of a moratorium was first introduced by mayor Colin Read in January after residents reported inflated electricity bills: “I’ve been hearing a lot of complaints that electric bills have gone up by $100 or $200. You can understand why people are upset.” Plattsburgh benefits cheap electricity provided by a hy
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Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion – Bitcoin News

Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion – Bitcoin News

BITCOIN
Please share if you find this article interesting. Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion - Bitcoin News Featured In just three years, Robinhood Financial LLC has exploded. It gained traction as a free stock trading smartphone application (app). At the start of this year, they announced incorporation of bitcoin and ether trading, using free trades as a loss leader to gain customers. The model seems to be working, as the Wall Street Journal is reporting the startup will soon be valued over 5 billion USD. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Robinhood Booms with Crypto It’s a daring business model. Sell trades to market makers, collect interest on users’ escrowed cash, and essentially give away free trades of stoc
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France Warns of 15 Unauthorized Cryptocurrency Investment Platforms – Bitcoin News

France Warns of 15 Unauthorized Cryptocurrency Investment Platforms – Bitcoin News

BITCOIN
Please share if you find this article interesting. France Warns of 15 Unauthorized Cryptocurrency Investment Platforms - Bitcoin News Regulation The French financial regulator has issued a warning and published a list of 15 unauthorized cryptocurrency exchange and investment platforms. These companies keep marketing to the French public despite the agency’s warnings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies France Warns of Unauthorized Crypto Platforms The Autorité des Marchés Financiers (AMF) issued a warning on Thursday regarding cryptocurrency platforms that have been blacklisted by the agency. The AMF is France’s stock market regulator, an independent public body responsible for safeguarding investments in financial instruments a
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Security Settles on Ethereum in First-of-a-Kind Blockchain Transaction

Security Settles on Ethereum in First-of-a-Kind Blockchain Transaction

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Security Settles on Ethereum in First-of-a-Kind Blockchain Transaction In a first-of-a-kind transaction happening Friday, all it takes to switch from the old world of centralized clearing houses to the frontier of decentralized blockchains is the press of a button. A company called Marex is issuing two separate structured notes. Both notes were created using ResonanceX, an investing platform built by Guillaume Chatain, a former managing director at JPMorgan Chase. The first note will be settled the old-fashioned way, on Clearstream, the European clearing house. But the second, otherwise identical note will be registered, cleared and settled on the public ethereum blockchain. All the issuer has to do to change this parameter is se