Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses

Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index. Despite a bullish […]

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IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5. The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs. […]

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Head of Russia’s Top Bank: the State Will Keep ‘Centralized Role’ in Money Emission

The CEO of Russia’s largest state bank Sberbank, Herman Gref said he could not yet foresee governments “yielding their centralized role” in fiat currency creation as part of his comments on cryptocurrency. Speaking to reporters during the Astana Finance Days international conference in the Kazakhstan capital July 4, Sberbank’s Herman Gref repeated the comments he […]

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EOS RAM Prices Skyrocket Amid Network Speculation

Prices for RAM on the EOS network have skyrocketed this week, reaching as high as almost 920 EOS (around $8,160 to press time) per 1MB of RAM, as data from MarketstackD.io indicates today, July 4. EOS Ram Buying Calculator. Source: MarketstackD EOS is a cryptocurrency token and an infrastructure for decentralized applications (DApps). As of […]

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Use Blockchain to ‘Rebuild Societal Trust’ and Save £8 Billion, Report Tells UK Gov’t

UK housing minister Eddie Hughes released a report into blockchain July 4, calling on the government to “show leadership” by making the technology and its benefits a priority. The report, ‘Unlocking Blockchain,’ makes several key proposals, using state projects currently underway in Estonia as the standard authorities should follow at home. “The state should focus […]

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