Bank of America Bitcoin Wallets blockchain Cryptocurrency News 

Is This Bank’s Blockchain-Powered Crypto Wallet a Game Changer?

Bank of America is creeping into the crypto space and has filed a patent application for a blockchain crypto wallet. | Source: Shutterstock By CCN Markets: Bank of America (BofA) continues its steady creep into the crypto world, filing another blockchain-related patent application. This new one is particularly interesting because it’s for a crypto wallet. CCN discussed the move with several crypto players. Here’s what they had to say. Is BofA’s move game-changing? BofA’s latest crypto-related patent application was published by the U.S. Patent and Trademark Office on Aug. 15….

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blockchain Blockchain News Crypto 

Blockchain Hype Turns to Mainstream Adoption in Billion-Dollar Corporations

By CCN.com: Forty percent of senior finance executives expect their firms to invest in blockchain technology over the next two years, according to a recent survey by audit firm Grant Thornton LLP. That’s in addition to the 22 percent who report their firms have already implemented the technology. This marks a dramatic change from only a year ago, when blockchain was more talked about than practiced, according to Chris Stephenson, Business Consulting principal at Grant Thornton LLP and author of the report. In its 2019 CFO Survey, Grant Thornton along…

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blockchain Blockchain News Crypto south korea Vitalik Buterin 

Vitalik Buterin Urges South Korea to Deregulate Blockchain, Embrace Crypto

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws are overly restrictive and therefore,…

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Bitcoin Business Bitcoin Companies blockchain Blockchain News Ernst & Young Smart Contracts 

Former Ernst & Young Analyst Disillusioned by the Blockchain

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. A recent article in Barron’s describes Angus Champion de Crespigny, who spent ten years at professional services firm Ernst and Young and led the blockchain financial services division for years and was the subject of the article entitled “This Blockchain Believer Turned Heretic Is Still Bullish On Bitcoin,” as a “major skeptic.” Champion de Crespigny describes himself as an “experienced executive with 11 years in financial services, evangelist for bitcoin…

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blockchain Blockchain News Korean SymVerse Thomas Sargent 

Korean Firm Aims to Make Blockchain Faster

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. According to local news outlet Joongnag Daily, a blockchain company based in Korea believes that it has found what it takes to revolutionize blockchain technology and bring even quicker pace to the way that transactions are being carried out. SymVerse, a blockchain firm that was established earlier this year, hosted an event and held a demonstration on Wednesday, November 28, 2018. Choi Soo-hyuk, CEO of SymVerse, calls…

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Ajit Pai bitcoin blockchain Blockchain News netneutrality regulation 

Net Neutrality Killer Ajit Pai Casts an Eye over Regulating Blockchain

The man who killed net neutrality in the US is racing-up with innovations like blockchain to effectively regulate them. Ajit Pai, the chairman of the US Federal Communications Commission (FCC), said that his office would be looking into the emerging technologies for their potential impact on the telecom sector. Naming artificial intelligence, machine learning, and quantum computing alongside blockchain, the 45-year old telecom regulator added that their regulatory frameworks would evolve according to the growth of the firms in these “dynamic industries.” “We don’t have jurisdiction over these firms, but…

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blockchain instawallet Paymium 

Crypto Wallet Blockchain Files Complaint Against Copycat Website

Cryptocurrency web wallet provider Blockchain has filed a complaint in a U.S. federal court alleging attempted deception by a copycat website. In a blogpost, Blockchain — whose website is hosted at blockchain.com — identifies the platform, blockchain.io, as a deliberate impostor that is attempting to rebrand itself in order to continue in its usual insincere practices from years back. Deliberate Attempt to Mislead Blockchain’s major concern over this development as reported includes the fact that the establishment is confusing customers and misleading them into thinking that they are “Blockchain”. This…

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blockchain Blockchain News DLT education 

University of Malta Launches €300,000 Blockchain Scholarship Fund

Malta continues to take the lead in the cryptocurrency and blockchain sector with an interesting new development in the educational sector. The University of Malta and the Malta Information Technology Agency have signed an agreement where a fund of EUR300,000 will be made available for those students who wish to pursue their studies in blockchain and distributed ledger technology in the forthcoming academic year. The fund will be available for those students who will be specialising in ICT, law, finance and engineering. The scholarship fund, which will be split over…

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alibaba Bitcoin Opinion blockchain jack ma 

Bitcoin? Not For Me: Alibaba Founder Jack Ma

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Chinese business magnate Jack Ma is confused by bitcoin and is not interested in learning more about the emerging cryptocurrency asset class, even though his company is pouring significant resources into blockchain development. Speaking with CNBC, the founder and executive chairman of tech conglomerate Alibaba, said that he was repeatedly asked about bitcoin at the World Internet Conference, which was held this week in Wuzhen, China. “I said honestly, I know very little about it, and I’m…

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