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Blockchain

Stock Market Reels as Trump Doubles Down on Mexico Threats

By CCN: The stock market is continuing to plunge. That’s because of the U.S.’ whipsaw approach to trade negotiations. Just yesterday, Vice President Pence visited Canada to promote the new USMCA trade deal which is set to replace NAFTA. He assured folks that Congress would vote for its approval this summer. It seems he forgot…

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Blockchain

Vanguard’s $1.3 Trillion Blockchain Makes Bundesbank Look Foolish

By CCN: Vanguard, the world’s largest provider of mutual funds, is using blockchain to power their enterprise. The investing giant, which popularized mutual funds and exchange-traded funds (ETFs) for the common investor, has been using distributed ledger technology to manage $1.3 trillion worth of index funds, Forbes reports. Vanguard’s Blockchain Manages More Than $1 Trillion…

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Blockchain

Ernst & Young Exec: Most Ethereum Decentralized Apps Not Used Productively

Ernst & Young’s Global Innovation Leader for blockchain said that 83% of DApps on the Ethereum network are “not in the most productive uses” Read the original post: Ernst & Young Exec: Most Ethereum Decentralized Apps Not Used Productively

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Blockchain

Tether Stablecoin Now Available on EOS Blockchain

Tether’s U.S. dollar-backed stablecoin USDТ is now on the EOS blockchain, following peer review by EOS Canada Read the original post: Tether Stablecoin Now Available on EOS Blockchain

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Blockchain

Big Four Auditing Firm EY Open Sources its Ethereum Private Transaction Solution

The code for rendering Ethereum transactions private developed by big four auditing firm Ernst & Young has been released and open sourced Read the original post: Big Four Auditing Firm EY Open Sources its Ethereum Private Transaction Solution

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Blockchain

Galaxy Digital Founder Michael Novogratz: BTC Will Consolidate in $7,000-$10,000 Range

Bitcoin will consolidate in the $7,000-$10,000 range, according to founder and CEO of cryptocurrency merchant bank Galaxy Digital Michael Novogratz Read the original post: Galaxy Digital Founder Michael Novogratz: BTC Will Consolidate in ,000-,000 Range

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Blockchain

Japan Leads G20 Nations’ Plot of a Global Cryptocurrency Exchange Register

By CCN: The hurdles of using crypto in money laundering are set to increase if plans by G20 countries materialize. Per Nikkei Asian Review, G20 countries are working on a deal aimed at creating a cryptocurrency exchange registry. The world’s most powerful economies hope the move will seal a loophole money launderers have exploited since…

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Blockchain

Exclusive: Bitfinex CTO Reveals Stablecoin Tether is Launching on EOS Blockchain

By CCN: Speaking to CCN, Bitfinex CTO Paolo Ardoino stated that Tether, the world’s largest stablecoin in market valuation, is launching on the EOS blockchain protocol. The launch of Tether on EOS follows its release on the TRON blockchain network in April. Why tether is operating on EOS In an interview, Ardoino stated that the…

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Blockchain

Irish University to Offer Blockchain Master’s Degree Following New Partnership

Ireland has a new master’s program in blockchain tech, co-developed by ICT Skillnet and Dublin City University for professionals in the IT field Read the original post: Irish University to Offer Blockchain Master’s Degree Following New Partnership

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Blockchain

Wall Street’s Bitcoin King Defends Crypto Against CNBC FUD

By CCN: CNBC in a recent interview shot a string of arrows seemingly to burst the so-called bitcoin price bubble. Nonetheless, the cryptocurrency emerged unharmed thanks to Bart Smith. The digital asset head of Susquehanna International Group, a Pennsylvania-based trading firm, appeared on Squawk Box to discuss what possibly drove bitcoin up 145% year-to-date. While…