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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Ethereum 

Fidelity, Deloitte, and Amazon Now Support Workshops for DLT Startups

Major global firms Fidelity, Deloitte and Amazon, have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11. The companies are backing the program along with 20 other firms, including Ethereum Foundation and ETH Global, Stellar Foundation, crypto analytics firm Messari, and Coinbase-backed NEAR Protocol, among the others. The new blockchain accelerator is an initiative of IDEO CoLab Ventures, the venture capital division of United States-based design consultancy firm IDEO. Supported by Fidelity, Deloitte and Amazon, as well as major crypto industry…

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Blockchain 

Bitcoin Startup Brings Lightning Network Payments to Amazon, Whole Foods

United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10. As previously reported, the Bitcoin (BTC) Lightning Network is a second-layer solution to bitcoin’s scalability limitations, opening payment channels between users that keep the majority of transactions off-chain, turning to the underlying blockchain only to record the net results. In its announcement, Fold reveals that participating selected retailers will settle users’ LN payments — denominated in…

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Bitcoin 

Satoshi Nakamoto Apparent Author of Two Upcoming Books on Amazon

Two different books published under Satoshi Nakamoto’s name have recently appeared on Amazon. According to Amazon, both of the books — Wave and Ripple Design Book and The Official Bitcoin Coloring Book — are scheduled for release on June 28. The profile of the author makes it clear that he indeed claims to be the same Satoshi Nakamoto who created bitcoin (BTC): “Satoshi Nakamoto is the renowned inventor of Bitcoin.” The author’s profile also states that “100% of his book royalties to support STEM and environmental education programs serving underprivileged…

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Blockchain 

Digital Asset Partners With Amazon AWS Aurora on Smart Contract Language Interoperability

Blockchain software firm Digital Asset has partnered with Amazon Web Services (AWS) Aurora to make its open-source smart contract language Digital Asset Modeling Language (DAML) more interoperable. The partnership was revealed in a press release acquired by a Cointelegraph correspondent at the IMN Synchronize Europe Conference in London on June 18. The partnership will enable multi-platform DAML support for various blockchain networks, notably including Hyperledger Fabric and blockchain consortium R3’s Corda, both specifically cited in the press release. Introduced in April 2016, DAML is an expressive language designed for financial…

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Ethereum 

Legal & General Partners With Amazon to Use Blockchain for Pension Deals

Online retail giant Amazon has partnered with United Kingdom-based insurance agency Legal & General to create a blockchain system for managing corporate pension deals, according to a report by Reuters on June 11. Legal & General will reportedly make use of the Amazon Managed Blockchain for its bulk annuity transactions, which happen when companies transfer their pension schemes to Legal & General for insurance. According to an article by the Financial Times, companies make bulk annuity transactions to insurers like this so that they are not ultimately responsible for personally…

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