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At stakeInvest: ethereum economy, a full day of conversation, workshopping and networking around the future of money, goes live today at 9 a.m. ET.Starting off with a keynote speech from Ethereum co-creator Vitalik Buterin, the virtual event will also see appearances from MakerDAO Co-Founder Rune Christensen, Gauntlet CEO Tarun Chitra and
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Blockchain technology has the potential to boost the global GDP by $1.76 trillion, according to a new PwC report titled “Time For Trust,” with 40 million jobs “enhanced” in the process. But despite forecasting blockchain’s increasing economic impact over time, PwC dismisses the technology’s rising importance in China. Source: PwC ‘Time
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In this issue Why did Square acquire US$50 million in bitcoin?Google Cloud joins Block.one networkDigital currency initiatives advance globallyIn China: central bank pushes 50,000 people to spend new e-RMB; Hong Kong as DCEP’s sandboxFunding spotlight: betting on cryptocurrency in India From the Editor’s DeskDear Reader,What’s happening in this part of the world,
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A study conducted by the World Economic Forum and Global Blockchain Business Council reveals the reasons why the blockchain industry still lacks well-defined standards on the global level.Dubbed the Global Standards Mapping Initiative, the study notes that the gaps, divergence and overlap in the standard-setting landscape of the blockchain industry
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The Global Standards Mapping Initiative is the most "comprehensive" attempt so far to survey blockchain technical standards, the WEF said. Source
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Venture capitalist Tim Draper’s investment office Draper Goren Holm is sinking larger investments in virtual currency-only startups.Draper Goren Holm, a cryptocurrency investment firm in Los Angeles, told CryptoX that it raised $25 million for its first venture capital fund to buffer its startup accelerator and back blockchain companies at higher
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The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes. Source
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CryptoX is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum's past, present and future. Every day until the event the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses us. Today's intro is written by CryptoX research
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Blockchain governance suite Boardroom has announced a $2.2 million funding round led by Standard Crypto, with additional participation from Variant, CoinFund, Framework and Slow Ventures.“We are seeing an accelerating volume of protocols interested in public governance enter the market each month,” Jake Brukhman of CoinFund said in a press release.Boardroom
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IBM Watson Health says the digital pass would help individuals safely return to shared physical spaces like work, school, flights or stadiums. Source
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