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Blockchain

Billionaire Charlie Munger Destroys Elon Musk’s Hyperinflated Sense of IQ

While answering questions at Los Angeles-based news outlet Daily Journal Corp’s annual meeting, Charlie Munger, Vice Chairman of investment giant Berkshire Hathaway and longtime partner of fellow billionaire Warren Buffett, took a thinly-veiled shot at Elon Musk, founder and CEO of automobile company Tesla Inc. Munger, who serves as the chairman of Journal Daily Corp,…Continue readingBillionaire Charlie Munger Destroys Elon Musk’s Hyperinflated Sense of IQ

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Blockchain

Report: Swiss Fintech Market Grew by 62 Percent in 2018

A new study from the Lucerne University of Applied Sciences analyzes Switzerland’s fintech sector growth in 2018 Read the original post: Report: Swiss Fintech Market Grew by 62 Percent in 2018Continue readingReport: Swiss Fintech Market Grew by 62 Percent in 2018

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Blockchain

Putin’s Bitcoin Regulation Deadline Might Not Lead to Actual Crypto Rules

Bitcoin skeptic Vladimir Putin has set a July 2019 deadline for crypto regulations to be put in place in Russia. Putin made the announcement on the Kremlin website in a February 27 notice. In his order, President Putin told the Russian State Duma and the Council of the Federation of Russia to adopt cryptocurrency rules by…Continue readingPutin’s Bitcoin Regulation Deadline Might Not Lead to Actual Crypto Rules

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Blockchain

Ethereum’s Constantinople, St. Petersburg Upgrades Have Been Activated

Ethereum’s Constantinople and St. Petersburg upgrades have gone live in accordance with the schedule Read the original post: Ethereum’s Constantinople, St. Petersburg Upgrades Have Been ActivatedContinue readingEthereum’s Constantinople, St. Petersburg Upgrades Have Been Activated

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Blockchain

German Government to Introduce Blockchain Strategy in Mid-2019

An official statement by the Cabinet of Germany says that the country’s blockchain strategy will be introduced in mid-2019 Read the original post: German Government to Introduce Blockchain Strategy in Mid-2019Continue readingGerman Government to Introduce Blockchain Strategy in Mid-2019

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Blockchain

Trump Fails to Rein in Nuclear Nations: North Korea Summit Breaks Down While India-Pakistan War Looms

America’s presence as a global superpower is on thin ice under President Donald Trump. The president is struggling to reign in three of the biggest nuclear military nations, North Korea, India, and Pakistan. In the past, the US has played a crucial diplomatic role in easing nuclear tensions around the world. Not any more. Yesterday,…Continue readingTrump Fails to Rein in Nuclear Nations: North Korea Summit Breaks Down While India-Pakistan War Looms

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Blockchain

Singapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round

GIC Private Limited, the sovereign wealth fund of Singapore, was one of the investors in Coinbase’s $300 million fundraising round last year, it has now been revealed. While there were other investors in the Series E round, GIC’s participation was closely guarded until now, per Bloomberg. Other investors who took part in the fundraising round…Continue readingSingapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round

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Blockchain

Report: Blockchain Home Equity Loan Platform Raises $65 Million

Figure, a new financial services startup founded by SoFi founder and former CEO Mike Cagney, has raised $65 million from major venture capital funds Read the original post: Report: Blockchain Home Equity Loan Platform Raises MillionContinue readingReport: Blockchain Home Equity Loan Platform Raises $65 Million

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Blockchain

Swiss Blockchain Hackathon in June Includes Partnerships With PwC, Amazon Web Services

Switzerland will host the Swiss Blockchain Hackathon in June 2019; the event has partnered with major firms like Amazon Web Services and PwC Read the original post: Swiss Blockchain Hackathon in June Includes Partnerships With PwC, Amazon Web ServicesContinue readingSwiss Blockchain Hackathon in June Includes Partnerships With PwC, Amazon Web Services

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Blockchain

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst

Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. “Cryptocurrency systems (e.g., Bitcoin, Ethereum, Ripple) are potentially disruptive to private payment systems,” Ellis wrote in a client note. “Their core design…Continue readingBitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst