Saturday, December 7, 2019
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Vitalik Buterin Donates 300k USD to Crypto Startups Focused on Scaling Ethereum (ETH)

Vitalik Buterin surprised the crypto community after a seemingly sudden decision to make several $100K worth of ETH donations to various projects focused on the development of software solutions for the Ethereum network. A Small Debate Sparked it All The situation came after a debate via Twitter with Ameen Soleimani, CEO of

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Bakkt Focused on Bitcoin for its Nature, Liquidity and Legal Status.

Bakkt’s decision to postpone its Bitcoin (BTC) futures market caused disappointment in several members of the crypto community who were hoping to see a last bullish run in the prices of the popular cryptocurrency thanks to a possible increase in trading volume. However, despite the disappointment, Bakkt’s team has been emphatic

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Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.Both investments are said to have been spearheaded by one

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Everest, and 1000 Alternatives, announce new partnership to accelerate blockchain innovation and spur economic development in Kenya, Nigeria and Rwanda, with the goal of extending that progress throughout Africa. The partnership will utilize 1000 Alternatives’ incubators in each country to train entrepreneurs to build distributed applications (“DApps”) on top of the Everest platform. Development of DApps on top of the Everest platform will create jobs, reduce the costs of doing business and grant greater economic access to millions of individuals previously lacking access to these connective technologies. The Everest-enabled DApps will have a variety of applications, including micro-banking with built-in know your customer (“KYC”) / anti-money laundering (“AML”) and value storage; healthcare services with native document storage and sharing; and app-based mortgage lending with native KYC, document storage and messaging. “We are thrilled to partner with Everest, which is focused on the use of blockchain technology for social good,” said Athman Ali, CEO of 1000 Alternatives. “We see a lot of opportunity in the use of blockchains to reduce middle-men costs and we are excited about having access to the Everest platform to empower our entrepreneurs to build modern distributed applications.” “Our partnership with 1000 Alternatives enables entrepreneurs across Africa to leverage the distributed foundation and powerful technology stack of the Everest platform, creating new and innovative applications and quickly bringing them to market,” said Bob Reid, CEO and co-founder of Everest. “We are excited about this new partnership and look forward to seeing entrepreneurs leverage these existing, proven technologies to develop and deliver unique DApps.” Everest, founded in 2016, is a leader in biometric identification, digital wallet and distributed ledger (blockchain) technologies, offering an integrated suite of tools to deliver a full eBanking platform. The Everest platform provides many of the atomic tools required to develop DApps, including EverID, a biometrically based digital identity; EverWallet, a multi-currency and document storage solution; and EverChain, a high-speed distributed ledger. The Everest protocol and application programming interface (“API”) enable many functional services to be built using the same primitives used to make EverID and EverWallet. 1000 Alternatives was founded in 2018 with locations rolling out in Singapore, Kenya, Rwanda and Nigeria, and incubates, invests in and scales profitable lock-step ventures that deliver positive social impact through their products and services.

ADVERTISEMENTS Everest, a biometry-based, value transfer company, and 1000 Alternatives, a leader in social impact development, are joining to accelerate blockchain innovation and economic development in Kenya, Nigeria and Rwanda. The goal of the partners is to extend that progress throughout Africa in the near future. The partnership will

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Roger Ver May Launch A Bitcoin Cash (BCH) Focused Crypto Exchange

Bitcoin Cash Advocate Roger Ver Looks Into Exchange Offering  Despite the stagnating crypto market, industry leaders continue to develop this nascent industry at a breakneck pace. And so far, this development has primarily taken the form of the establishment and launches of crypto-focused platforms. Roger Ver, an industry veteran and outspoken

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BlackBerry Introduces Blockchain-Backed Platform Focused on Healthcare Services

As part of its pivot into security and computing, software company and former smartphone manufacturer BlackBerry has released a blockchain-powered platform. The new product  focuses on the healthcare field, according to a press release published Oct. 4.Per the announcement, BlackBerry has partnered with technology firm ONEBIO to develop a blockchain-backed

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US Lawmakers Say IRS Too Focused on Enforcement, Should Provide Clarity for Crypto Taxation

U.S. lawmakers have called on the Internal Revenue Service (IRS) to issue clarified and “comprehensive” crypto taxation guidance, in an open letter submitted yesterday, September 19.The letter was sent to acting IRS commissioner David Kautter by Congress members David Schweikert, Darin LaHood, and Brad Wenstrup, Kevin Brady and Lynn Jenkins

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