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Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

Massachusetts Institute of Technology. Photo: Oliver Dunkley / FlickrUntil now, everybody has been talking about Bitcoin, the most popular and widely used digital currency. However, Bitcoin is unable to process thousands of transactions a second. Researchers from the Massachusetts Institute of Technology (MIT), UC-Berkeley, Stanford University, Carnegie Mellon University, University of

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Tron Price Tumbles after Ex-Employee Throws Shade on BitTorrent Project

The Tron price went into free fall shortly after a former executive torched the company’s BitTorrent Project. It has since staged a small comeback. As of this writing, Tron (TRX) was trading at US$0.023, down 8.9% on relatively high volume. The company has been under fire for several days. Last week, former chief

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Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency’ Project

Brazilian President Jair M. Bolsonaro has recently revealed through social media his administration has shut down a project that would see Brazil launch an “indigenous cryptocurrency.” The revelation came as he was criticizing the “BNDES black box” referring to contracts associated with the National Bank for Economic and Social Development, a

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Government Suspends Indigenous Crypto Plans as New President Criticizes Project

Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet.Bolsonaro claimed that the new government will soon open “a black box” — a reference to an airplane’s flight recorder

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Blockchain Project Aims to Reform Traditional Lottery in Nigeria

On Dec. 13, Quanta Plc., owner of Quanta Technology Limited, a blockchain lottery operator, announced it had signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL). As Quanta reports, this is ”the world’s first deal to reform traditional lottery.” The companies say that Quanta’s blockchain-based lottery

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Italian Financial Regulator Issues Cease and Desist Order to Crypto-Related Project

The financial regulator of Italy has barred a cryptocurrency-related project from operations for the provision of allegedly unauthorized investment services, according to an official statement published Dec. 14.Founded in 1974, the Italian National Commission for Companies and the Stock Exchange — or Commissione Nazionale per le Società e la Borsa

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Wyoming Targets Land Records in Blockchain Project With Overstock

Wyoming has continued its blockchain integration via a new partnership with online retailer Overstock targeting land records, a press release confirmed Dec. 20.Signing a Memorandum of Understanding (MoU) with administrators in Teton County, Overstock subsidiary Medici Land Governance will seek to develop and release a “blockchain-based land records and information

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Blockchain Journalism Project Civil to Launch in February Despite Token Sale Flop

Blockchain media startup Civil will launch in February, despite the fact their CVL token sale failed earlier this year, according to the company’s blog post published Dec. 19.Civil is a blockchain-based platform for journalism that focuses on building a new media ecosystem with its native CVL token, which will purportedly

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