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Æ Ventures, an investment company providing initial funding, acceleration and advisory support to blockchain projects, announced that it’s Starfleet Accelerator program surpassed $1.6M in investments and opened applications for the third round.Mentoring and funding for blockchain startupsPer the press release shared with CryptoX on Sept. 26, the third edition
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Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products.The announcementAccording to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to
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Brazil has seen another tumultuous week in the cryptocurrency industry as the central bank of Brazil wants to use blockchain technology starting in 2020, the president of Unick Forex continues to claim they pay customers on time, and the Brazilian Securities Commission investigates the alleged fraudulent activities of more
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Ethereum Blocks Filling UpAs covered heavily by this outlet over recent weeks, the Ethereum network has been seeing more activity than ever before. In fact, the network has been used so much that miners of ETH recently opted to increase the capacity of blocks by 25% — allowing for more
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A new complaint filed in Utah accuses Overstock.com, former CEO Patrick Byrne and former CFO Greg Iverson of securities fraud.The complaintFiled on Friday, Sept. 27, the complaint requests a trial by jury, alleging that Byrne designed Overstock.com’s digital asset-based dividend as a means of punishing short sellers, which other
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The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of German Industries asking the government to create suitable conditions for
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The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners.According to a Sept. 27 announcement, the Cabinet of Ministers of the Republic of Uzbekistan has decreed that cryptocurrency miners must pay three times more the existing electricity tariffs. The provision follows an
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5.SegWit is associated with Bitcoin and its core principles, so its strengths and weaknesses will vary depending on who is observing it. SegWit’s ability to give blocks more weight, or transaction density, relies on the idea that some blockchain data will be kept off the original chain, which is instead
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The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at the precipice of another violent drop – a
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ConsenSys, a blockchain startup founded by Ethereum’s (ETH) co-founder Joseph Lubin, and the World Wildlife Fund (WWF) have jointly launched the Impactio platform to bring transparency into philanthropy.Per an announcement made on Sept. 24, a new partnership between ConsenSys and the WWF resulted in an Ethereum blockchain-based platform dubbed
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