Author page: Gary Smith

After announcing to host G20 summit in 2020, India is now showing interest in approving cryptocurrencies.

Yesterday one of the senior members of the second interdisciplinary committee expressed the possibility of the cryptocurrency to get legalized in India, as per the reports obtained by the NewIndianExpress. India’s current stance on the digital currency and the related assets is a clear and a strict, harsh ban, but with new changes such as India’s participation in the G20…

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Bank of America Discloses Innovative Blockchain Copyright Aiming Currency Management

Bank of America (BoA) is looking forward to copyright a structure by means of blockchain technology in order to progress currency management, as per the latest news available on Dec. 25th. Presented in the month of June 2017, the copyright mentions “banking structures functioned by information bearing evidence.” “Features of the news speak about organizing, constructing, and making the most…

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‘More Than 4000 Percent Growth in Crypto Mining Malware This Year’: McAfee Report 2018

As per the research conducted by the U.S. cybersecurity firm- McAfee, there has been a growth of over 4000 percent in crypto mining malware this year. The report elaborated that only in the third quarter of 2018, there have almost 4 million mining malware threats reported. Whereas, the years went by reported- less than 500,000 such cases. Further, the McAfee…

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Luno hiring 40 employees in such tough period

The current scenario does not at all look good for the crypto world. Bitcoin has attained the lowest price in the last fifteen months, various heavyweights such as ConsenSys are relieving their staff members, many ICO startups are facing issues related to cash shortage even before their product is being introduced into the market and such a situation does not…

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UNICEF Shortlists Six Blockchain Startups for Humanitarian Investments Venture

Post the introduction of the “blockchain call” in the market in the past; the United Nations International Children Education Fund (UNICEF) initiated their investments process into six different blockchain startups for humanitarian benefits. Among the UNICEF’s programme countries, one of them had been selected to be summoned in the early stage technology start-ups in January 2018, where they had received…

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Japanese Lawmakers Propose Tax System Changes to Encourage Cryptocurrencies

Japan has been actively seeking ways to simplify the current tax filing system for cryptocurrencies in order to ensure investors accurately report their gains, as per a Coindesk report. A representative of Japanese Political Party Nippon Ishin, Takeshi Fujimaki announced that they want to change the virtual currency taxation system to promote the wider penetration of virtual currency into society…

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Artificial Intelligence (AI) can Prevent Malicious Practices in Cryptocurrency in these Two ways

It seems like the two popular buzzwords AI (Artificial Intelligence) and Cryptocurrency, are all set to merge. As indicated by two analysts, AI can help foresee cryptographic money value, and additionally, it can rectify frauds before they take place. Jiahua Xu and Benjamin Livshits crafted an enlivened algorithm at Imperial College London that can foresee when fraud schemes are going…

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BSO Joins Forces with Kaiko, to Deliver Market Data in Real Time Cryptocurrency Exchanges

BSO (Ethereum network, cloud and hosting platform) has partnered with Kaiko (provider of institutional grade cryptocurrency market data). Gemini Exchange will be their first client. Gemini is a New York-based exchange. The company caters to individual traders and the institutional investors. Gemini Exchange is making a name for complying with regulators as it provides Federal Deposit Insurance Corporation (FDIC) insurance…

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