Blockchain 

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It’s less of a surprise, then, that cloud computing giants — such as Amazon, Microsoft, Oracle and Google’s parent company Alphabet — are leading the charge to merge blockchain, especially the enterprise type, and the cloud. Microsoft in particular has been actively engaging with blockchain startups that are developing blockchain solutions for the enterprise market, working with them to deploy their solutions on the Microsoft Azure cloud infrastructure. The…

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Bitcoin 

When to Sell Bitcoin? ‘Never’ — Mark Yusko Says BTC Like Amazon Stock

Bitcoin (BTC) is a buy and it has never been the right time to sell it, serial investment manager Mark Yusko has told mainstream media viewers. Yusko on Bitcoin: All indicators rising Speaking to CNBC in an interview on Sept. 27, the founder, CEO & chief investment officer of Morgan Creek Capital Management compared Bitcoin’s ten-year history to Amazon.  He was responding to concerns from regular cryptocurrency host Melissa Lee over the Bitcoin price, which fell below $8,000 on Thursday. For Yusko, while the price of Bitcoin can go up…

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Blockchain 

Amazon Web Services Announces Cryptography-Using Quantum Ledger Database

Amazon Web Services, Inc., an Amazon.com company, announced that the Amazon quantum ledger database (QLDB) was now available. Transparent and immutable transaction log According to a post on Sept. 10 from Amazon Web Services (AWS), the newly available Amazon QLBD is a new class of database that provides a transparent, immutable and cryptographically verifiable transaction log ‎owned by a central trusted authority. The post continues to explain that Amazon QLBD eliminates the need to engage in the complex development effort of building one’s own ledger-like applications or rely on the…

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Blockchain 

Foundation Uses Blockchain and Crypto to Help Save the Brazilian Amazon

Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech. Deforestation and fires in the Brazilian Amazon On Sept. 4, the Rainforest Foundation reached out to the crypto and blockchain community to ask for their support to fight against deforestation and forest fires in Brazil. The post on the foundation’s website states: “Since Bolsonaro took office in January, deforestation in the Brazilian Amazon is up 75% and forest fires in the Brazilian…

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Blockchain 

Why Does Amazon Want to Hire Blockchain Experts for Its Ads Division?

Earlier this month, Amazon announced plans to hire blockchain experts for its advertising division. But how can the use of blockchain technology possibly resolve the pain points in the advertising industry? For the crypto industry, which is worth more than $240 billion, you’d think standard business tools like a shared database would be de rigueur in the digital advertising industry — but you’d be wrong. In reality, the industry uses very outdated, manual, time-consuming processes when it comes to selling, payment, verification and other critical functions.  New tools for digital…

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Bitcoin 

BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity

Controversial cryptocurrency payments processor BitPay is facing another PR nightmare after the company rejected a $100,000 donation to an Amazon rainforest charity. BitPay leads Amazon Watch to compliance dead end According to a social media complaint by Amazon Watch, an organization which seeks to support the Amazon rainforest’s ecology and indigenous peoples, the payment failed to pass BitPay’s internal checks.  The would-be donor was trying to contribute due to the ongoing wildfires in the Amazon, the charity suggests, but could not complete the payment in Bitcoin (BTC). Officials attempted to…

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Bitcoin 

Funds ‘SAFU’ After Amazon Web Services Error Stops Withdrawals

Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals.  According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, while funds security was not compromised.  “Funds are #safu,” he wrote on Twitter, employing a now well-known catchphrase he had previously inadvertently created while confirming there was no danger to cryptocurrency holdings. “Funds are SAFU” after AWS error busts withdrawals The issue, he explained, centered on Amazon Web Services (AWS). Problems with caching were…

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Blockchain 

Amazon Tech Experts-Backed Blockchain CRM Network Raises $3.5M

Cere Network, a San Francisco-based blockchain customer relationship management (CRM) startup, has completed a $3.5 million funding round. The seed round involved major global blockchain investors, including Binance Labs, a venture arm of Binance, the second biggest crypto exchange by trading volumes to date. Other investors included Neo Global Capital, Fenbushi Capital, Arrington XRP Capital, Kenetic Capital, Alphabit Fund, Block VC, Kosmos Capital, LD Capital, Monday Capital, Pre Angel Fund and Republic Labs. Alongside with the investment, Cere Network announced the launch of a new office in New York, as…

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Blockchain 

Amazon Wants to Build a Blockchain for Ads, New Job Listing Shows

Amazon is looking to hire a software development engineer to develop an advertisement blockchain. Amazon works on an advertising blockchain Amazon posted a job offer on LinkedIn for a software development engineer for its Colorado team, who is supposed to work on an advertisement blockchain. The online retail behemoth aims to grow its advertisement business by leveraging its online retail data, industry-leading cloud services, and a fast-moving startup culture. The post declares: “Our new team in Boulder, CO is looking for a Sr Software Engineer to work within our Advertising…

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Bitcoin 

Bill Miller Hedge Fund Surges 46% Thanks to Bitcoin, Amazon

The hedge fund of famous investor Bill Miller saw 46% growth in the first half of 2019, reportedly in some part from investing in Bitcoin (BTC). Citing an investor document, Bloomberg reports on July 26 that Miller achieved such outstanding results by investing in Bitcoin among other high-performing stocks. Alongside Bitcoin, other investments in the Miller’s fund reportedly include Amazon, security system firm ADT, as well as Avon Products. The 69 year-old investor reportedly found success by following a similar investment strategy as he used during his three-decade run at…

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