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September 18, 2019

US FDA to Hold Meeting on Blockchain and AI in Food Traceability

The United States Food and Drug Administration (FDA) will hold a public meeting at which it will discuss its “New Era of Smarter Food Safety” initiative.

Per a Sept. 17 announcement, the FDA set up a meeting with a group of international stakeholders on October 21, 2019, to discuss public health challenges and the implementation of the Food Safety Modernization Act. Specifically, the FDA intends to establish “a more digital, traceable, and safer system” to protect consumers from contaminated food.

Efficient tracking of contaminated food

The initiative proposes to deploy technologies such as blockchain, artificial intelligence, [...]

 
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September 17, 2019

A top UK lawyer say the UK crypto market is looking good

It is pretty fair to say that when people think of regulatory bodies and governments in the crypto industry it not normally positive.

This time a leading UK lawyer Martin Bartlam, a partner at DLA Piper and one of the world’s leading legal experts in financial technology, says that the UK’s track record on cryptocurrencies had been “incredibly positive.”

“It’s almost hardest to see what [the UK’s] done, but in a way that is the beauty of it,” said Bartlam. “They’ve not made it more complicated, there’s no additional compliance or analysis that you need to do,”

“They’ve really kind of created an opportunity for people to do [...]

 
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September 16, 2019

Bitcoiners should be wary of forks, not altcoins – Ari David Paul

A prominent bitcoin supporter and a co-founder of a crypto asset investment company BlockTower Ari David Paul believes that altcoins pose no threat to Bitcoin as they use different Proof-of-Work algorithms; however, forks that interfere with the mining of the SHA-256 algorithm might be dangerous rivals in hash wars.

“It makes sense for bitcoiners to be extremely antagonistic to contentious hard forks like 2x which threaten the BTC security model. It makes no sense to be antagonistic to altcoins that use a different PoW algo or another consensus mechanism.” he wrote in a Twitter thread.

He believes that at this stage altcoins satisfy the demand for certain [...]

 
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September 16, 2019

How Crypto Became a Gambler’s Paradise – Bitcoin News

Comparing cryptocurrency trading to gambling is like comparing crypto tribalism to religion: the analogy is correct, but it’s also tired. What bears emphasizing, then, isn’t that crypto trading and crypto gambling are often indistinguishable, but the extent to which the two disciplines permeate the cryptosphere. From the most popular dapps to the leading hacks, everything of interest within the space can be interpreted as a form of gambling. It’s the reason why crypto is so fascinating and so addictive.

The gamification of everything is the endgame of life itself. Soon it will be impossible to go for a jog without receiving a high score or being showered in shitcoins for [...]

 
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September 13, 2019

Venezuela just got its first Bitcoin ATM – Decrypt

After years of waiting, and despite a relatively high and impressive volume of Bitcoin trading, Venezuela has finally got its very first Bitcoin ATM.

According to the CoinATMRadar, the Latin American firm PandaBTM has installed a crypto ATM in San Antonio del Táchira. The machine is located inside a small convenience store, called Viajes e Inversiones HC (Travel and Investments HC), by the side of the main road towards Colombia.

The ATM supports Bitcoin (BTC), Bitcoin Cash (BCH), and DASH, as well as sovereign bolivars (the official currency of Venezuela) and Colombian pesos. (Both fiat currencies are used interchangeably among residents of the [...]

 
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September 12, 2019

Bitcoin and Altcoins Still Stuck in a Corrective Phase

Bitcoin is moving as we said yesterday and today it has improved a bit, moving at around $10,150 (+1%). Meanwhile, the top altcoins retrace a bit, with Litecoin (-2.6%), Cardano (-2.37%), Binance Coin (-3.9%), and Bitcoin SV (-4.3%) being the most bearish. The market cap of the crypto market improved and is now at $260.2 Billion, and Bitcoin dominance grew to 70% again.

Today’s news tells that France’s Economy and Finance minister Bruno Le Maire said at the opening of the OECD conference on cryptocurrencies that France would block Libra’s development in Europe because it threatens the monetary sovereignty of governments. Also, Santander announced today [...]

 
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September 12, 2019

Crowd Favorite Civilization VI ‘Red Death’ Hops on Fortnite’s Battle Royale Train

Battle Royale games have exploded in popularity since H1Z1 launched in 2017. The game sold over one million copies while in early access. Household names such as Fortnite and Apex Legends, though, have outshone the Steam-based game. Viewer counts for H1Z1 plummetted, resulting in a broke-ass league and player-oriented payment issues.

Sid Meyer’s Civilization 6 has decided to put a strategic spin on the battle royale genre. Unlike Ubisoft’s poor Ghost Recon decisions, the concept of a strategic—not tactical—battle royale may reap greater success.

Folding the elements into a cohesive and unique game generally works much better than hacking out the dredges of a [...]

 
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September 12, 2019

Why many people are investing in Bitcoin

Many people are backing Bitcoin because it offers bigger returns than any other asset. It has a lower risk of inflation and its adoption rate is also growing worldwide. Bitcoin is very handy, coming with lucrative uses while providing easy access to investors. The cryptocurrency also maintains a high level of privacy and is still gaining positive reactions from the public.

Indeed, the world of currency is evolving. Technological innovations have brought a great new way of making payments without the need for using real money or negotiating with the bank. This is the reason why Bitcoin has been introduced in the financial community.

Although it’s not undoubtedly [...]

 
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September 11, 2019

Chinese Police Raid Offices of ‘Well Known Crypto Project’ – Bitcoinist.com

Tether, the issuer of the USDT dollar-pegged coin, is running the money printer again, increasing the supply to 4.088 billion USDT. After Bitcoin (BTC) price once again threatened to…

For most people, a week isn’t a long time. But in the fast-paced world of bitcoin and cryptocurrency, it’s enough to change the face of everything with just seven days left until…

Bitcoin price levels quickly bounced off the triangle support at $9,400 back up to just below $11,000 at the beginning of September. Since then BTC has formed a falling wedge and looks…

The police in China have carried out another raid on a cryptocurrency project, sealing up offices belonging to [...]

 
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September 11, 2019

Tom Lee: Thanks to the FED, Bitcoin Can Update Historic Highs | The Coin Shark

Tom Lee, one of the founders of Fundstrat Global Advisors, believes that lowering the FED rate will allow Bitcoin to update local highs and reach $20,000 per coin by the end of this year.

The expert explains this forecast by the fact that Bitcoin is now being used to hedge risks. When the Central Bank lowers rates, liquidity in the market rises, and investors direct funds both to high-risk instruments and to safe assets for hedging.

Now, according to some experts, Bitcoin has begun to be used as a new safe asset, which with a decrease in the Fed rate, will lead to a rise in demand for it and will contribute to a price increase.

Meanwhile, this mechanism [...]

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Venezuela just got its first Bitcoin ATM – Decrypt
 
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AltCoins
 
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