Betting on Blockchain with Dragon Inc.

Mon Jan 22 12:56:00 UTC 2018

Leading the Path to the Largest Token Sale of $500,000,000 (ASEAN – January 22, 2018) Dragon Inc. is now officially ready to launch its Casino & VIP rooms blockchain-based solution after successfully raising more than USD $6 million in Pre-Token Sale funding for their project in December 2017. Together with the USD $265 million already

Blockchain Technology Could Help The London Bullion Market Association Stop Fraud In The Markets

Wed Jan 24 01:00:00 UTC 2018

The London Bullion Market Association is looking into whether blockchain can reduce money laundering in the spot markets. One of the most interesting potential use cases for Bitcoin (and increasingly other cryptocurrencies) is that of a safe haven asset. When people think that the economy is going to take a turn for the worse, they’ve got a handful of options as far as what to do with their money is concerned. Cash is one, but Read More The post Blockchain Technology Could Help The London Bullion Market Association Stop Fraud In The Markets appeared first on Bitcoinist.com.

Small Tech Startup Develops New Way Anyone Can Save Animals, Without Spending Money

Tue Jan 23 21:30:00 UTC 2018

Veggie is a cryptocurrency similar to Bitcoin, designed to raise funds for animals. Using their new software Veggie-qt, users generate a cryptocurrency called Veggie. The user keeps 75% of the coins they generate. The remaining 25% is sent to a separate animal fund. The Veggie community votes on which animal charities and initiatives to support with the separate animal fund. Users don’t need to spend any money to make a real difference to the welfare Read More The post Small Tech Startup Develops New Way Anyone Can Save Animals, Without Spending Money appeared first on Bitcoinist.com.

ICO’s Lose 10% of Funds to Criminals, New Ernst & Young Report Finds

Tue Jan 23 20:00:00 UTC 2018

“More than 10%” of ICO funds fall into the hands of hackers and not investors, according to new research by Ernst & Young. ICO Risks – From Phishing To FOMO In a report published this week, in collaboration with Group IB, the professional services giant reviewed 372 ICOs and warned about what it views as the ICO market’s “big risks.” These include phishing, failure of organizers to meet stated goals and even so-called ‘FOMO’ (‘fear of Read More The post ICO’s Lose 10% of Funds to Criminals, New Ernst & Young Report Finds appeared first on Bitcoinist.com.

Pivots Towards the Blockchain – Loony or Smart?

Tue Jan 23 17:30:00 UTC 2018

Kodak and Long Island Iced Tea have both been criticised recently for loony pivots towards the blockchain to attract feverish cryptocurrency investors. But, can you blame them when shares for the former rose as much as 90% after announcing their new KodakCoin, and the latter share-price spiked 289% after changing their name to Long Blockchain Corporation. Consequently, a cacophony of warnings about the dangers of investing in cryptocurrencies has arisen as similarities between the dotcom Read More The post Pivots Towards the Blockchain – Loony or Smart? appeared first on Bitcoinist.com.

Does the IRS Fear Bitcoin?

Tue Jan 23 16:00:00 UTC 2018

An op-ed in the New York Times theorizes that the IRS fears Bitcoin due to tax evasion. What actions could the IRS take to combat this? The Internal Revenue Service (IRS) is one of the most feared federal agencies in the United States. They can garnish wages, levy fines, put liens on personal property, and even send you to jail for failing to pay the appropriate taxes. Which is why it’s interesting to see an Read More The post Does the IRS Fear Bitcoin? appeared first on Bitcoinist.com.

DNA Data Marketplace on the Blockchain

Tue Jan 23 11:30:00 UTC 2018

Big data is big money, and corporations such as Google and Facebook have made billions out of your personal information. Medical and genetic data is worth even more, and companies may be profiting from it whenever you take a genetic test. The solution in giving people back control over their genetic and DNA data is the blockchain. According to reports, consumer genetic testing saw unprecedented public demand last year.  Companies, such as AncestryDNA, carried out Read More The post DNA Data Marketplace on the Blockchain appeared first on Bitcoinist.com.

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