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Cryptocurrency is now part of the 2020 election thanks to candidate Andrew Yang
CNET también está disponible en español. Clearer rules for bitcoin and other virtual currencies will help the US innovate, argues Yang, a Democratic presidential candidate. Democratic presidential candidate Andrew Yang Cryptocurrency is now an official issue in the US presidential election. You're probably most familiar with cryptocurrency by way of bitcoin, which soared in value in 2017 then mostly collapsed in 2018. But the technology spreads far beyond that, and presidential candidate Andrew Yang says now's the time for clearer government rules to encourage its development in the US. Yang, a tech entrepreneur and now one of at least 18 Democratic challengers to Donald Trump, is far from the frontrunner for an election that's still a year and a half away. But the fact that he's weighing in at all shows that cryptocurrency and related technology, like blockchain, isn't just an obsession of crypto-anarchists who want a high-tech alternative to a safe full of Krugerrands.
April 20, 2019 9:25 AM

US Presidential Candidate Yang Promises 'Clear' Bitcoin Regulation
Reading: US Presidential Candidate Yang Promises ?Clear? Bitcoin Regulation Esther Kim | Apr 19, 2019 | 12:00 Esther Kim | Apr 19, 2019 | 12:00 2020 US Presidential hopeful Andrew Yang has given the clearest sign yet that he welcomes Bitcoin, releasing a dedicated statement on cryptocurrency regulation this week. Yang, whose pitch revolves around radical economic policy such as installing a Universal Basic Income (UBI), said that he would create ?clear? legislation on crypto, using pro-industry legal schemes such as that of Wyoming as role models. ?Investment in cryptocurrencies and digital assets has far outpaced our regulatory frameworks in the US,? he summarized.
April 19, 2019 12:03 PM

Belarus President Proposes Giant Data Centre for Bitcoin Mining
Several recent reports suggest that the crypto mining industry is witnessing a massive meltdown, however, some countries still remain hopeful of its future. In what can be considered a populist move, the president of Belarus, Aleksandr Lukashenko, has decided to support the development of a giant data center dedicated to Bitcoin mining. Lukashenko recently held a meeting with the members of the Belarus IT sector to discuss the benefits of moving towards a digital economy. The president also discussed different possibilities and measures needed to be taken to achieve it. Belarus? national news agency BeITA reported that the meeting took place at the national Hi-Tech Park (HTP). 
April 18, 2019 9:42 AM

West Virginia will use blockchain voting in the 2020 presidential election
West Virginia made history last year as the first US state to use mobile blockchain voting for a midterm election. While the process seems to have gone smoothly, the state drew a lot of criticism for applying a new technology to something as sacred as the ballot. Here?s how it worked. Military voters overseas (or UOCAVA voters) in select West Virginia counties could cast their ballot via Android or Apple smartphones. Ballots were then stored on a network of blockchain servers. More detailed information can be found here. Last year, I wrote about West Virginia?s foray into blockchain voting for CNN. Recently I spoke again with Donald Kersey, elections director and deputy legal counsel in the West Virginia Secretary of State?s Office, to discuss went well ? and not so well ? in November.
April 15, 2019 11:17 AM

New Australian On Ramp for Stellar
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Coinbase's newest team members helped authoritarian regimes worldwide to monitor journalists and dissidents
Last week Coinbase, America?s biggest cryptocurrency exchange, proudly announced that it was acquiring Neutrino, a startup focused on blockchain analysis?using public blockchain data to trace cryptocurrency transactions. In its announcement, Coinbase wrote that Neutrino?s technology will help make cryptocurrency ?safer and more accessible for people all over the world? by helping track thieves and terrorists. In turn, robust blockchain analytics will help crypto exchanges maintain stable fiat banking relationships and, generally, integrate with mainstream finance. No wonder, then, that Coinbase says it is ?excited to welcome to the Coinbase family!? But observers on Twitter, including analyst Arjun Balaji, quickly noticed a major problem with Coinbase?s new family members: many of them are former leaders of Hacking Team, an Italian spyware vendor. Though ostensibly a creator of tools to monitor and fight crime and terrorism, Hacking Team also sold those tools to repressive regimes, possibly in violation of international controls on such tools. Those regimes, in turn, used the tools to monitor and endanger journalists, activists, and political dissidents.
February 27, 2019 7:22 AM

General Motors Teams Up With Blockchain Startup To Combat Identity Fraud
The financing arm of General Motors, General Motors Financial, announced on Monday that it will be teaming up with Spring Labs, a blockchain startup to search for a solution to identity verification. Spring Labs, which boasts the likes of former Trump economic advisor Gary Cohn on their board of advisors, stated that GM is exploring an acquisition of a stake as well as other use cases. Notably, a GM Financial spokesperson declined to comment on the possibility of the of GM or the subsidiary becoming a shareholder of Spring Labs. ?We are actively exploring the development of auto finance and GM specific use cases, in addition to the identity verification products being developed.?
February 13, 2019 12:58 PM

QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEOs Bitcoin Wallet
On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange ?inadvertently? moved $370,800 in Bitcoin to a cold wallet controlled by CEO Gerald Cotten, who passed away. The report of the monitor read: ?On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately CAD $468,675 to Quadriga cold wallets which the Company is currently unable to access.? ?The Monitor is working with Management to retrieve this cryptocurrency from the various cold wallets, if possible.?
February 13, 2019 10:52 AM

Interim President of Venezuela Juan Guaidó Talked about Bitcoin in 2014, Called Petro a Scam
Thousands of people have taken to the streets in a massive protest against the authoritarian regime of Nicolas Maduro in Venezuela, the young Juan Guaidó who is the national assembly speaker proclaimed himself as the interim President of Venezuela in the streets of Caracas. The Trump administration officially recognized Juan Guaidó as the President of Venezuela, other countries like Canada, UK, EU, Colombia, Argentina, Brazil, Peru, etc have also shown support to Guaidó. But countries like Russia, Iran, Cuba, and Mexico are still in favor of Maduro who made fun of 35-year-old Guaidó. Due to corruption and socialist policies of the Maduro regime, the Venezuelan economy is in the ruins. The country?s currency Bolivar has inflated 13 Million Percent as estimated by the IMF. To combat the problem Maduro launched a Cryptocurrency called Petro which is supposed to be backed by the country?s oil reserves. Launched in February last year the Petro is nowhere to be seen in Venezuela according to reports from Reuters.
January 25, 2019 4:44 PM

Interview Series Michael Stiegelmeyer, COO & President of Planet Digital Partners
Michael Stiegelmeyer is the Executive Vice President of Finance and Operations for Planet Digital Partners. Since 2013, Mr. Stiegelmeyer has served as CEO of The 1441 Group, LLC and ZAGS, LLC. The 1441 Group, LLC is a business development and sales company focused on development sales and marketing for toy, video games, CE, sporting goods, and other consumable products in the U.S. ZAGS, LLC is a distribution sales company focused on opportunistic general merchandise sales with key U.S. retail accounts throughout the U.S. AT: Can you tell us a little bit about Planet Digital Partners and the team behind it?
January 24, 2019 12:16 AM

Coinbase Status - Incident History
The URL we should send the webhooks to We'll send you email if your endpoint fails
January 17, 2019 1:59 PM

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