On Monday, Ripple announced that it was partnering with 17 different universities, including MIT, the University of North Carolina and the University of Pennsylvania to help increase awareness and adoption of Blockchain technology and the cryptocurrency industry.
Cryptocurrency News
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EOS Launches Blockchain
Last updated: June 11, 2018, 2:53 pm Cryptocurrency NewsEOS finally launched its own Blockchain this weekend on June 2 after a long one-year Initial Coin Offering. This ICO garnered massive $4 billion in funds – make the EOS ICO the largest till date. The last day of the ICO ended with the price of EOS at $12.32 per token.
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Asus Builds Motherboard for Crypto Mining
Last updated: June 11, 2018, 2:53 pm Cryptocurrency NewsThis is definitely good news to anyone who is interested in digital assets, as Asus is looking to build a powerful motherboard specifically designed for crypto mining. Perhaps the company has understood the need for such power, as a miner certainly requires a robust equipment. This should only boost the interest of many when it comes to cryptocurrency mining.
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TRON Blockchain Launched
Last updated: June 2, 2018, 12:28 pm Cryptocurrency NewsAfter months of preparation, TRON has finally launched its own Blockchain. The project went live on May 31, and this marked the beginning of the transition from the Ethereum ERC-20 Blockchain to its own TRON Blockchain. The launch went off without any glitches or hiccups, which is a credit to the TRON team.
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German Authorities Sell $14mn in Cryptos
Last updated: June 1, 2018, 9:38 am Cryptocurrency NewsEarlier this week, German media reported that local law enforcement sold confiscated cryptocurrencies, making about €12 million (~$14.02 million) from the sale. This was an emergency sale, since the treasury was worried about the massive fluctuations in current cryptocurrency prices. Emergency sales are usually reserved for perishable items such as food, or items like cars that depreciate in value.
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EOS Launch Scheduled for June 2
Last updated: June 1, 2018, 5:14 am Cryptocurrency NewsAfter a unique Initial Coin Offering that lasted one full year, the most eagerly anticipated Blockchain – EOS – is finally going to launch on June 2. Block.one, the company behind EOS, has raised more than $2 billion through its ICO. The company has received massive support for this new Blockchain on the promise that it is going to be massively scalable and is much more user friendly than any of the current Blockchains in the industry.
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South Korea May Lift ICO Ban
Last updated: May 30, 2018, 10:47 am Cryptocurrency NewsAccording to the latest news reports, South Korea’s government is planning to lift its ban on Initial Coin Offerings (ICOs). The country’s National Assembly, which is the legislative division of the government, is lobbying for the removal of the ban on ICOs.
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Lifespan of Blockchain Project 1.22 Years
Last updated: May 30, 2018, 10:46 am Cryptocurrency NewsAccording to a newly released report by Chinese researchers, the bulk of Blockchain projects have a very short lifespan, averaging just over 1 year. This information was released to the public by the Director of Cloud Computing and Big Data Research Institute, He Baohong, at the International Big Data Industry Expo 2018, which was held in the city of Ghuizhou. This institute is a part of the China Academy of Information and Communications Technology (CAICT).
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Bitcoin Still a Good Bet
Last updated: May 28, 2018, 8:49 am Cryptocurrency NewsDespite the fact that Bitcoin has been struggling to maintain its price in the cryptocurrency market, the world’s number one cryptocurrency is still a good bet. According to venture capitalist Spencer Bogart, Bitcoin will trade at a minimum of $10,000 by the end of 2018.
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Czech Energy to Crowdfund Using Cryptocurrency
Last updated: May 27, 2018, 7:53 am Cryptocurrency NewsPražská plynárenská, a Czech energy and gas company, is poised to crowdfund all of its energy projects using cryptocurrencies. This will be done throughout Prague, giving the company a new investment platform, one that is kind of unique in the industry it is in.