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Moscow’s government is planning to use ethereum as part of a system for allotting trading spots during weekend farmers markets. The system will record applications submitted by farmers, who compete for a limited number of commercial plots. Some 15,000 trading spots are up for grabs, with the market season stretching between April 20 and November …

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Interest in blockchain technology is waning, research firm Gartner said in its latest “Hype Cycle for Emerging Technologies” report. Gartner included blockchain, along with four other emerging technologies, as one of five trends that can blur the lines between humans and machines, according to a news release on August 20. Blockchain technology is at the edge …

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Less than a month after delaying a decision on a bitcoin-based exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) is poised to approve or disapprove another pair of proposed ETFs.  Officials at the U.S. securities regulator are set to make a decision on the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF …

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Shipping giant UPS has filed for a new patent that uses blockchain as part of a distributed system for sending packages worldwide. The patent application, published on Aug. 16 by the U.S. Patent and Trademark Office (USPTO), further reveals the company’s interest in using blockchain to re-envision how shipments move around the world. Entitled “Autonomous …

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From longer approval processes to the threat they might lose access to the European market, it’s safe to say U.K. blockchain startups are looking for contingency plans. A quick recap: in 2016, the U.K. held a referendum on whether to stay in the European Union (E.U.), with a majority of voters opting to leave the …

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U.S. banking giant Capital One is working on using blockchain technology to usher in more convenient and secure user authentication methods for instances such as banking security. In a continuation of a patent application submitted to the U.S. Patent and Trademark Office (USPTO) back in June 2017, Capital One sets out a blockchain system that …

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A newly published Coinbase patent seeks to protect a way of making bitcoin purchases more secure for customers. In the filing, published August 14, the U.S.-based cryptocurrency exchange outlined how it could develop a payment portal which would allow users to pay using bitcoin directly from their digital wallet. “It may be a security concern for …

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Candidates for public office in California may soon be able to accept cryptocurrencies as donations. The California Fair Political Practices Commission met on Thursday to discuss a number of election issues facing the Golden State, including whether candidates for public office can accept cryptocurrencies as part of campaign donations. Ultimately, the commissioners didn’t make a decision …

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The Union of European Football Associations, or UEFA as it’s more commonly known, has just announced the completion of a “successful” trial of a mobile ticketing app built with blockchain. Aimed to make ticket sales for soccer matches “more simple and safe,” the effort saw the organization test the app at this week’s UEFA Super Cup …

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The legal woes of biotech company-turned-crypto miner Riot Blockchain don’t appear to be slowing down. In the firm’s latest 10-Q quarterly report, filed to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Riot Blockchain provided more details about the SEC’s investigation into the firm’s blockchain pivot, noting that the regulator is now looking into …

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A U.S. district judge has denied an investor’s effort to move a lawsuit against payments firm Ripple to a lower court. Judge Phyllis Hamilton of the Northern District of California denied Ryan Coffey’s motion to remand his suit against Ripple Labs and affiliated entities back to the Superior Court of San Francisco after Ripple escalated the suit …

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Marijuana advocacy publication High Times is walking back a previous announcement indicating that it would accept bitcoin when it launches its initial public offering (IPO). The company said last week that it would accept bitcoin and ether – the cryptocurrency of the ethereum network – as part of its IPO, which seeks to raise as …

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A draft proposal by the European Parliament’s Committee on Economic and Monetary Affairs suggests creating new regulations for public initial coin offerings (ICOs), according to a document published Friday. Ashley Fox, a Member of the European Parliament (MEP) representing the United Kingdom, wrote a draft report on proposed regulations for Europe’s crowdfunding platform operators and companies. …

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Two newly-published patent applications from Microsoft suggest that the software giant is looking at the use of trusted execution environments, or TEEs, within its blockchain offerings. But what exactly is a TEE? According to information gathered from two filings published by the U.S. Patent and Trademark Office Thursday, a TEE is specified to store “a …

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The Financial Crimes Enforcement Network (FinCEN) receives more than 1,500 reports every month from financial institutions regarding cryptocurrencies, a top official said Thursday. FinCEN director Kenneth Blanco, speaking at the Chicago-Kent Block (Legal) Tech Conference, discussed the role his agency takes in regulating cryptocurrencies. He noted that while cryptocurrencies can prove beneficial for certain use …

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Token trading platform Templum Markets has launched a sale of a security token on behalf of a popular Colorado resort. Accredited investors can now indirectly own shares in the St. Regis Aspen Resort by purchasing so-called “Aspen coins” through the regulated broker, the company announced Wednesday. Templum will accept U.S. dollars, bitcoin and ethereum from …

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A recent study published by the National Bureau of Economic Research (NBER) suggests that cryptocurrency markets move depending on the type of attention they receive – unlike traditional financial markets. In contrast with other traditional financial assets, cryptocurrencies don’t behave or respond to the same set of market factors as traditional financial instruments but instead, move …

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A Chinese cryptocurrency trader who was sent bitcoin in error must repay an exchange even if it broke domestic rules, a Beijing court has ruled. In a judgement made on July 31 and released on Thursday, an intermediate Beijing court upheld a decision made by a district court early this year that a bitcoin trader named …

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Japanese IT giant GMO has just reported making an operating profit of 255 million yen (about $2.3 million) for its cryptocurrency business in the second quarter of this year. The firm released its financial report following an earnings call on Thursday, which indicated that the company’s crypto segment made a total of 2.6 billion yen, or $23 …

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California-based business and financial software company Intuit has been awarded a patent for processing bitcoin payments via text message. The patent, published by the U.S Patent and Trademark Office (USPTO) on Tuesday, details how a system of virtual accounts could enable two users to transfer funds using mobile phones. The company first filed the patent in 2014, …

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