Blockchain 

Crypto Wallet Says It Offers 1,000 EOS Accounts for Free

A crypto wallet provider says it has launched a giveaway that allows 1,000 users to get a free EOS account. Lumi Wallet notes the giveaway is taking place on a first-come, first-served basis. Instead of answering quiz questions, preparing a submission or entering into a lottery system, all that participants need to do is sign up in EOS for free. The promotion will end when all of the accounts have been snapped up. The company says the giveaway is in partnership with Minergate and Changelly, and comes as Lumi vies to become…

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Bitcoin 

Canadian University Offers Graduate Training in Blockchain Tech

Canadian-based University of British Columbia (UBC) has announced a blockchain and distributed ledger technology training program for master’s and PhD students. UBC announced the development in a press release on June 11. The training path is reportedly designed to build competency around blockchain tech, and is focused on its application in four public benefit areas: health and wellness, clean energy, regulatory technology and Indigenous issues. UBC says they hope to train 139 students over a six-year period, and graduates should have the tools to evaluate blockchain solutions as well as…

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Blockchain 

Chinese City Offers Rent Subsidies, Cash Rewards to Blockchain Businesses

Fuzhou, China is offering rent subsidies to blockchain businesses in a bid to accelerate the industry’s growth, the state-run People’s Daily reported on June 11. The incentive is part of three measures designed to help the sector, and will enable companies to receive up to 600,000 yuan ($86,800) in relief on rent bills per year for three years. Traditional companies will also be encouraged to build blockchain applications, and will be eligible to receive a 20% subsidy on the cost of their development. Projects that win awards for scientific and technological progress, or…

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Blockchain 

Crypto Company Offers Decentralized Trading and Analytical Engine That Ranks Crypto

A new digital assets ecosystem is offering decentralized crypto trading to businesses and individuals, delivering wallet-to-wallet transactions and “cutting-edge analytical tools” that enable users to make informed decisions about the cryptocurrencies they hold, buy and sell. Volentix’s “four pillars” will underpin the beginnings of its digital assets ecosystem — one of which is VDEX, or Volentix Decentralized Exchange, its flagship product. The project describes VDEX as a “next generation, extensible and customizable decentralized crypto exchange,” with an emphasis on ensuring that the assets and data of every user remain individual…

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Blockchain 

SL Benfica Offers Cryptocurrency Payment Option for Online Store

Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6. According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments option. Fans and customers can now buy tickets any products on the club’s website with Utrust’s native token (UTK), or with top cryptocurrencies bitcoin (BTC) and ether (ETH). Utrust purportedly supports instant crypto-to-fiat conversions, allowing SL Benfica to essentially pocket its revenue directly in cash. The press release explains that this allows the club to avoid…

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Bitcoin 

Firefox Quantum Offers Anti-Cryptojacking Feature

Firefox Quantum, the latest version of open-source internet browser Firefox, has a new privacy toggle that protects against cryptojacking, according to a blog post by Mozilla on May 21. Mozilla previously warned official blog post that websites can deploy scripts that launch a crypto miner on a user’s machine without them being aware — a practice known as cryptojacking. To combat these exploitative practices, Mozilla partnered with online privacy company Disconnect to create a crypto mining blocker for their browser. Users can now toggle an opt-in feature, that purportedly blocks…

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Bitcoin 

Berkshire Hathaway CEO Warren Buffett Offers Fresh Metaphor for Bitcoin as a ‘Seashell’

Outspoken crypto critic and Berkshire Hathaway CEO Warren Buffett has again derided bitcoin (BTC) for its purported lack of real use value, likening the coin to a seashell that “just sits there.” Buffett used this latest cryptocurrency metaphor during a press meeting ahead of the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, CNBC reported on May 4. The CEO — who also serves as chairman of the ~$248 billion revenue multinational holding conglomerate Berkshire Hathaway — is well-known for his scathing stance toward cryptocurrencies, memorably characterizing bitcoin as “probably…

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Bitcoin 

Binance Singapore Launches But Offers Just One Trading Pair, Report

Binance has launched a new cryptocurrency exchange in Singapore after months of anticipation, TechCrunch reported on April 23, albeit with limited features. Users of the platform are only able to purchase bitcoin (BTC) using Singapore dollars (SGD,) meaning far fewer trading pairs are available for consumers compared with the company’s main exchange. The Binance Singapore website suggests that the service is being offered in conjunction with Xfers, a local payment service that claims to offer a crypto wallet approved by Singaporean regulators. Three steps are listed for new customers: creating an account with Binance Singapore,…

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Bitcoin 

Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and Offers Fixed Rates

A crypto company is launching “one of the first inter-blockchain, mobile decentralized exchanges” on April 23 — and says its platform is going to solve major problems currently seen in its centralized counterparts. According to the SovereignWallet Network, M.DEX is designed to address three key issues that have been having a detrimental effect on the usability and security of crypto transactions, for experienced consumers as well as newcomers. The first concerns the high risk of hacking associated with centralized exchanges. SovereignWallet says many of these rivals regularly perform virtual trading on…

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Blockchain 

Blockchain Ecosystem Offers $1.5 Million DApp Development Fund, Tech Support and Marketing

An established blockchain ecosystem has launched a decentralized application (DApp) funding program worth $1.5 million to incentivize developers and enthusiasts to build applications with real value. WaykiChain says it will offer support of up to $15,000 for every decentralized application, along with other services that include tech support, branding and product marketing. The company hopes this program will help eliminate worries for developers and put them on a solid financial footing. Over time, WaykiChain believes this initiative will lead to a “long-lasting, stable, efficient, fair and sustainable ecosystem” where developers…

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