A blockchain payment system can empower refugees – if they participate in its design

A blockchain payment system can empower refugees – if they participate in its design

In Lebanon, around 350,000 Syrian refugees don’t have access to enough safe and nutritious food. To stem the crisis, the World Food Programme (WFP) of the United Nations introduced an electronic voucher system to distribute food aid. People are given debit cards loaded with “e-vouchers” that they can use in certain shops to buy food.…
SEC puts a stop to Telegram’s cryptocurrency plans in the US

10 things you need to know before the opening bell

ReutersHere's what you need to know.  1. HSBC is sinking after the bank reported an 'unacceptable' 24% decline in profits in its latest earnings. Acting CEO Noel Quinn announced that the company would be remodelling.  2. The EU had agreed to delay Brexit till January 31 2020. EU leaders met on Monday and agreed unanimously…
Why China’s Digital Currency Is a ‘Wake-Up Call’ for the U.S.

Why China’s Digital Currency Is a ‘Wake-Up Call’ for the U.S.

Why China’s Digital Currency Is a ‘Wake-Up Call’ for the U.S.
Block.one illegally sold securities to build the EOS cloud computing service, SEC finds

Block.one illegally sold securities to build the EOS cloud computing service, SEC finds

The firm behind blockchain-powered cloud computing service EOS EOS must pay $24 million for violating US securities law with its initial coin offering (ICO). “Block.one did not register its ICO as a securities offering pursuant to the federal securities laws, nor did it qualify for or seek an exemption from the registration requirements,” said the…
Satoshi Nakaboto: ‘Bitcoin price shoots up 15% after Chinese president embraces blockchain’

Satoshi Nakaboto: ‘Bitcoin price shoots up 15% after Chinese president embraces blockchain’

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you whats been going on with Bitcoin in the past 24 hours. As Nikola Tesla used to say: Lets get it!…
China goes bullish on blockchain – Business Insider

China goes bullish on blockchain – Business Insider

China is really bullish on blockchain, the technology that verifies bitcoin transactions. An official at China's central bank official has urged commercial banks to "step up their application" of blockchain. Li Wei is the head of the technology department a…
The Key to Attracting More Blockchain Developers? It’s the Computation, Stupid

The Key to Attracting More Blockchain Developers? It’s the Computation, Stupid

The cryptosphere is suffering from a talent drought. Despite all the entrepreneurs, visionaries, gurus, whizkids, architects, and pioneers who have piled in over the past decade, there is still one critical area where the industry is underserved: developers. …
What’s Going to Happen With Bitcoin?

What’s Going to Happen With Bitcoin?

Giz AsksGiz AsksIn this Gizmodo series, we ask questions about everything from space to butts and get answers from a variety of experts.Since its inception in 2009, Bitcoin has made and ruined fortunes, helped sell fentanyl and books about cryptocurrency, withstood literally millions of jokes and just as many predictions of imminent collapse, and—through a…
Knotel raises $400 million to lease and manage coworking spaces

Knotel raises $400 million to lease and manage coworking spaces

Knotel, a New York startup that designs and operates bespoke spaces for brands, today announced that it’s secured $400 million in funding at a valuation of $1 billion led by Wafra, an investment arm of Kuwait’s Sovereign Wealth Fund, with participation from Mori Trust, Itochu, and Mercuria. The capital infusion brings its total raised to…
Facebook’s ‘cryptocurrency’ Libra unveils official backers, but its future is still uncertain

Facebook’s ‘cryptocurrency’ Libra unveils official backers, but its future is still uncertain

Facebook has managed to officially sign up 21 organizations to its Libra Association following several high-profile departures from its controversial ‘cryptocurrency’ project. According to a press release, Andreessen Horowitz, Ribbit Capital, Spotify, Coinbase, Uber Technologies, Vodafone, and Xapo are among those who signed the Libra Association’s charter. Additionally, the Libra Association also appointed its board…
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