Crypto Traders See Red As Profit Taking Fuels Price Pullback


The cryptocurrency markets are full of ups and downs – but perhaps there hasn't been a day in history quite like today. Just hours after bitcoin set a new all-time high,...
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Blockchain Entrepreneurs Target Apple and Google at Token Summit

An inaugural conference focused on new use cases for cryptographic assets showcased today how blockchain-based applications that serve actual needs may be on the horizon. But not everyone at Token...
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Bitcoin's Price Tumbles More Than $400 From New High


Bitcoin prices fell sharply today after setting a new all-time high above $2,700 on the CoinDesk Bitcoin Price Index ( BPI ). The BPI hit a high of $2,791.70 today, data shows....
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Bank of Canada: DLT Won't Replace Canada's Payment System

Canada's central bank likely won't launch a wholesale payment system based solely on distributed ledger tech, one of its senior officials said today. Writing in an op-ed published by The Globe...
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LocalBitcoins Trader Pleads Guilty to Money Transmitter Charge

A Michigan LocalBitcoins trader plead guilty last week to operating an unlicensed money services business. Federal prosecutors alleged that Sal Mansy, a resident of Detroit, advertising a bitcoin buying and...
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Consensus 2017: Even Academics Can't Keep Pace With Blockchain Change

As blockchain startups take off, where will they find their workforce? The onus often falls on universities to develop young people with the requisite skills. As a result, universities are...
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ICOs Going Mainstream? Chat App Kik to Launch Token Sale

Messaging service Kik has revealed plans to launch its own cryptocurrency and ultimately create a new ecosystem for digital services. The new digital token, called Kin, will be launched on the ethereum...
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How Blockchain Tech Could Move Self-Driving Cars Into the Fast Lane

A future with autonomous vehicles is fast approaching – and with it, the idea that blockchain could connect automobiles and other Internet-of-Things (IoT) devices is getting its fair share of attention. Even though smart houses (where doors,...
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Consensus 2017: Advice From a Lawyer to ICOs: 'Don’t Be Stupid'

One expert blockchain attorney has simple advice for blockchain companies currently navigating regulatory uncertainty. Though the technology has been up for discussion for years, laws aren't very clear right now...
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Bitcoin, Ether Set New All-Time Highs Amid Market Boom


The price of bitcoin and ether, the digital tokens that power the bitcoin and ethereum blockchains, reached new all-time highs today. At press time, bitcoin had topped $2,500 and a...
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Consensus 2017: Blockchain Consortia in A Rapidly Changing Market

"Whatever we build today will probably have to be changed again." So said Eiki Hatakeyama of the Western Asset Management Company, highlighting a sense of realism that came through in a series of workshops...
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Consensus 2017: Bitcoin Exchange Execs See Promise in Multi-Token Future

How would you build a bitcoin exchange if you had to start from scratch? According to Adam White, head of Coinbase 's GDAX exchange, the answer is you wouldn't want...
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Coinbase Today: Armstrong Talks Token, ICOs and Blockchain's Netscape

You have to give credit where it's due – and looking at the increasingly strange and diversifying blockchain industry, it's not hard to view Coinbase as some sort of bastion...
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Wyre’s WeChat and Facebook Bot Authenticates Invoices on Ethereum

US blockchain payments firm Wyre has launched a new bot for Facebook Messenger and WeChat that authenticates invoices through a public blockchain. In WeChat or Messenger, a supplier sends the...
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Consensus 2017 Day 2 Recap: Finding Blockchain's Common Ground

Can regulators and the entrepreneurs who want to use blockchain to upend the markets and sectors they work in find common ground? The panels of the second day of Consensus 2017, in...
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Consensus 2017: The Ups and Downs of Digital Currencies

Against the backdrop of a climbing cryptocurrency market on Tuesday, two panels at CoinDesk's Consensus 2017 conference focused on both the promise and pitfalls of working with (or investing in) digital currencies...
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Consensus 2017: Blockchain and Healthcare's People Problem

Startups and healthcare companies are looking at blockchain as a possible way to give patients greater control over their data – but getting there might not be as easy as...
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Bitcoin's New Scaling 'Agreement': The Reaction

A meeting of bitcoin startup executives and miners held this weekend has resulted in the publication of a new proposal for how the open-source project should be upgraded to support...
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Consensus 2017: Decentralized Exchange 0x Wins Proof-of-Work Startup Competition

0x (pronounced “zero-ex”) took the top prize today during the second annual Proof of Work pitch competition at CoinDesk’s Consensus 2017 conference in New York. The startup is building a protocol to...
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Consensus 2017: Global Insurers Debate the Future of Prediction Markets

Having a window into the future would make the job of an insurer a whole lot easier – and blockchain could make that possibility a bit more realistic. The topic of...
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