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Will Blockchain Protect The World Economy From Financial Crises?

Will Blockchain Protect the World Economy from Financial Crises?

In the blockchain movement’s ideology, the 2008 financial crisis holds a special spot. A critical juncture in the history of global capitalism, it readily provides a bedrock narrative that justifies the very purpose of a decentralized digital currency. This is what happens when we put too much trust in centralized custodians of wealth; this is…
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Washington Utility Temporarily Stops Accepting Applications For Crypto Mining

Washington Utility Temporarily Stops Accepting Applications for Crypto Mining

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…
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Former Pershing Exec Jeff Horowitz Joins Coinbase As Chief Compliance Officer

Former Pershing Exec Jeff Horowitz Joins Coinbase as Chief Compliance Officer

Major U.S. cryptocurrency wallet and exchange Coinbase announced in a July 31 blog post that ex-Pershing exec Jeff Horowitz will join the company as its Chief Compliance Officer. Horowitz previously worked as the managing director and global head of compliance at Pershing LLC — a BNY Mellon Company — as well as leading a variety…
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Bodhi Bets On The Decentralized Prediction Marketplace

Bodhi Bets on the Decentralized Prediction Marketplace

As with brick-and-mortar industries that are slowly fading away to the globalism of the online world, so too will the traditional prediction market industry have to innovate to keep up with the sheer efficiency, reliability and security that the decentralized prediction markets promise to bring. Augur (REP) has grabbed headlines lately with the launch of…
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