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EY Scales its Blockchain API Services for Upgrading Supply Chain Management

EY – a Big Four accounting firm – launched a new application programming interface (API) for its blockchain platform, allowing enterprise users to transact on public blockchains without dealing with the complexity of entire DLT systems. New API for EY OpsChain EY OpsChain, part of the giant’s blockchain platform, is a subsidiary dedicated to solving issues in procurement, supply chain, and traceability through the use of notarization and tokenization. The newly announced EY...

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Bentley University Students Can Pay for Tuition with Crypto

Bentley University – a private higher education institution in Massachusetts – has announced that it’s going to start allowing students to pay for their tuition with cryptocurrencies like bitcoin. Bentley University Says “Yes” to Crypto Payments University president E. LaBrent Chrite explained in an interview: Bentley University is at the forefront in preparing business leaders with the skills and knowledge to succeed in the changing world economy. We’re proud to embrace...

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California Considers Lifting Ban on Crypto Donations for Political Campaigns

California’s state regulator – Fair Political Practices Commission (FPPC) – will consider allowing the use of cryptocurrencies for political campaign donations four years after banning them. Potential Law Amendments During its most recent Commission Meeting, the FPPC disclosed it had arranged a “pre-notice discussion” where it will contemplate whether to enable digital asset political donations in the state. The conversation will be held later this week (May 19): “The...

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Dogecoin Co-Founder Says 95% of Crypto Projects Are Scams, Elon Musk Reacts

Billy Markus, co-founder of the popular memecoin Dogecoin (DOGE), said the great majority of cryptocurrency projects in the industry are nothing but scams and garbage with no real value to offer. Markus: 95% of Crypto Projects are Scams In a recent tweet, the Dogecoin creator argued that 95% of cryptocurrencies are worthless as they have succeeded in destroying the reputation of the entire industry. According to Markus, top traditional financial players and most mainstream...

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Edward Snowden was Involved in the Development of Zcash

For many years, crypto traders were under the impression that someone named John Dobbertin was the elusive man behind the legendary Zcash, an anonymous form of cryptocurrency. It now looks like that name is nothing more than a pseudonym to hide the real identity of one of the coin’s main developers. That developer is Edward Snowden, the NSA whistleblower who fled to Russia in 2013. Edward Snowden and His History with Zcash Snowden is a former employee of the National...

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Expectations v Reality: Vitalik Buterin on His Vision for Ethereum 

Vitalik Buterin – co-founder of Ethereum – outlined some of his conflicting realizations and beliefs around cryptocurrency on Monday. He detailed the way that his idealistic vision for how Ethereum should grow – and what it should become – is failing to match reality. Comparing Ethereum and Bitcoin The programmer – who has never hesitated to criticize Bitcoin in the past – began his lengthy Twitter thread with a display of admiration for the primary crypto network. While...

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Okay Bears NFT Collection: The Complete Guide

Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana. At the time of this writing in May 2022, the collection has also become the most actively traded one on OpenSea, surpassing the likes of the Bored Ape Yacht Club, Azuki, CloneX, and others. The following is a deep dive on Okay Bears and everything there is to know about the collection.  What Are Okay Bears NFTs? Okay Bears is a collection of 10,000 non-fungible tokens...

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Connecticut Mansion Owner Is Selling Her House for BTC or ETH

A large, $6.5 million mansion on the coast of Connecticut is up for sale. What’s the big clincher? The seller is willing to accept cryptocurrencies like bitcoin or Ethereum, marking the first time something like this is being done in the area. A Mansion Owner Will Sell Her House for Crypto The property’s listing agent Kevin Sneddon affirms the media and any potential buyers that this is not a joke. The owner is serious about crypto offers, and all looking to trade their...

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Jack Dorsey Responds to SBF’s Comments on Bitcoin Scaling and Proof of Work

Jack Dorsey was not pleased with FTX CEO Sam Bankman Fried (SBF)’s recent criticisms of Bitcoin’s viability as a payments system. The Block Head confronted him yesterday over his failure to acknowledge the lightning network and provided defense for the necessity of mining. SBF’s Interview The conflict began when SBF responded to some backlash over his comments about Bitcoin in an interview with the Financial Times. While he stood by his claim that Bitcoin cannot sustain high...

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Sutor Bank: Lehren des Luna-Crashs

Kryptowährungen haben in den vergangenen Wochen deutlich an Wert verloren. Noch einmal beschleunigt hat diese Entwicklung der Zusammenbruch des Kryptowerts Luna, ein Coin, der mit dem Stablecoin TerraUS (UST) gekoppelt ist. „Das Geschäftsmodell der Terra-Blockchain, eine Basis für algorithmische Stablecoins anzubieten, ist gescheitert“ sagt Hartmut Giesen. „Viele Anleger haben hier investiert, ohne den Coin und sein Geschäftsmodell wirklich verstanden zu haben.“ Eine Grundregel für...

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