From Health Care to Mining, Central Asia Stays on the Blockchain Beat

Central Asia following the sweeping global crypto and blockchain trend, with concrete adoption and utilization cases across the region. Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology has become so popular that it is now a major talking point not only in the financial sector but also in politics and governance. The seven “-stan” countries of Central and South Asia — Pakistan, Kazakhstan, Afghanistan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan — haven’t shied away from the…

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SLP Token Market Cap Surpasses $50 Million

For over a year now, the Simple Ledger Protocol (SLP) token universe has grown quite vast. There are now more than 6,000 SLP tokens in existence and a number of SLP tokens have seen price discovery. Moreover, tokens listed on our SLP market capitalization aggregator show in the last two months SLP valuations have doubled. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange Data Shows SLP Token Market Cap Doubled in Value Since August 2018, the Simple Ledger Protocol (SLP) ecosystem has continued to grow relentlessly and there…

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German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets

Berlin-based fintech company solarisBank has established a subsidiary, solaris Digital Assets GmbH, to provide a custody solution for digital assets. Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets. Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application programming interface (API)-accessible platform, which gives access to the full range of solarisBank’s digital white-label banking services. No need to apply for a license The announcement further reads that solaris Digital Assets will operate in…

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US SEC Charges Shopin Founder With Orchestrating Fraudulent $42 Million ICO

Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses. The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO). In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds of investors in an ICO that raised more than $42 million from August 2017 to April 2018. According to the SEC, Shopin’s actions constituted an unregistered securities offering of Shopin Tokens. Eyal told investors he…

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ConsenSys Is Shutting Down Offices in India and the Philippines

ConsenSys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices would be closing down. Consensys founder Joseph Lubin has informed teams in India and the Philippines that their offices will be closing down. Consensys confirmed to Cointelegraph that local offices in India and the Philippines would indeed be shut down and that 11 employees are being laid off. A spokesperson for ConsenSys said: “A total of 11 roles were eliminated in India and the Philippines due to a realignment of the sales and services…

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Waves To Launch Blockchain-Agnostic Interoperability Protocol

Russian blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. Open-source blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. It will also operate as a data oracle, feeding data from the outside world to the blockchain. Sasha Ivanov, founder of Waves platform and Waves Enterprise, announced the new project on Dec. 11 at the Waves Meetup in Berlin.  Trying to decide the problem of blockchain interoperability Gravity Hub is essentially a blockchain that doesn’t have any tokens, but that…

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AI Research Reveals Crypto Leaders Are Angry and Depressed

An artificial intelligence-driven personality research on the characteristics of crypto industry leaders such as Vitalik Buterin, Justin Sun, and Brian Armstrong found that intellect, liberalism, and cautiousness are their top personality traits. And a comparison with general tech titans showed that crypto leaders are 98.4% more likely to demonstrate anger and 46.4% more likely to harbor depression. Also Read: Research Exposes Anti-Bitcoin Bias in Mainstream Media IBM Watson Picks the Brains Behind Crypto Clovr, a research-focused cryptocurrency company, has performed a personality analysis on the characteristics of 17 cryptocurrency leaders…

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Why Bitcoin Price Is Headed to 7-Month Low If $7K Support Fails

Bitcoin price continues to yield to bears and could collapse to $6.5K or below if $7,080 and $6,800 fail to hold as support. For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes.  Earlier in the week, MATIC made headlines after dropping more than 60% in the span of a few minutes and a few other Binance IEO tokens followed with double-digit losses.  Fast forward to today and many…

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Circle Cuts Another 10 Employees, Rejects Connection to CEO Stepping Down

Payments company Circle lays off another ten employees, saying the move is not related to the CEO’s recent transition out of his role. Payments company Circle has reportedly laid off another ten employees, following the news that its CEO Sean Neville quit his position — events that the firm says are unlinked. On Dec. 11, a Circle representative told Cointelegraph ”we’ve streamlined some departments and eliminated about 10 roles.” The spokesperson confirmed that the company was looking to focus on its stablecoin, USDC. Earlier today, the company minted another $2.8…

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VC Firm Andreessen Horowitz Announces Instructors at Free Crypto School

Venture capital firm Andreessen Horowitz has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. Venture capital firm Andreessen Horowitz (a16z) has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. On Dec. 11, the venture capital firm announced that experienced entrepreneurs, builders, investors and experts in the cryptocurrency and blockchain industry will coach students by sharing lessons they’ve learned, bring new project ideas, and share information to help them get started…

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