Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

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A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible. Also read: Crypto Enthusiasts Unite in 4 Indian Cities…

Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018

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A survey has determined that advertisers believe the word “blockchain” to have been the most overrated of 2018. This is hardly a surprise as many companies from fields completely unrelated to cryptocurrency claimed to use or test blockchain technology last year with little to show for it. Also Read: In the Daily: Shapeshift Beta, Coinsquare…

A Millennial and Crypto Love Story: How This Generation Is Ghosting Banks

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America’s youth has long been in a bad relationship with banks. Their predatory, self-serving practices have left a bad taste in the mouths of many young consumers, who have historically acclimated and resigned themselves to the system as they aged. Millennials have been accused of killing almost every industry, from golf to napkins, but now…

Washington State Introduces Bill Encouraging Development of Blockchain and DLT

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The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled digital signatures and licenses and provide the legal recognition necessary to enforce these standards. On Jan. 25th, the Washington State Senate introduced SB 5638, an act “relating to the…

Nevada Saw an Influx of Blockchain Recorded Marriages in 2018

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According to public records obtained from Washoe County, home to one of the marriage epicenters of the world in Reno, Nevada, the region saw over 950 blockchain recorded marriages in 2018. Moreover, about 250 miles away in Elko, Nevada, county officials are recording birth certificates using blockchain technology. Also read: Connecticut Software Engineering School Receives $10,000…

Telecom Giant China Mobile Is Developing a Blockchain Water Purifier

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A water purifier launched by China Mobile is connected to the internet of things and will reward usage with crypto tokens.

Analysis: Understanding the SEC’s Stance on Crypto

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Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect.…

New Legal Framework in Switzerland Gives Boost to Blockchain

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The Swiss State Secretariat for International Finance (SIF) announced the Federal Council’s adoption of a recent report—Legal Framework for Distributed Ledger Technology and Blockchain in Switzerland—and expressed their intent to assist in developing laws for new technologies, specifically distributed ledger technology and blockchain innovation. Switzerland: Blockchain Safe Haven? In a Dec. 14th press release, the Swiss…

Eight Reasons to Use Cryptocurrency Payments in 2019

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This article on cryptocurrency payments was written by Thomas Highwater, who is an avid fan of all things crypto-related. Mr. Highwater teaches high-school level robotics and programming. *** While there is a growing number of fiat based-payment processors with a variety of practical tools and methods of payment, adding cryptocurrency payments into the mix provides…