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Want to study Bitcoin (BTC)? Actually, now you can major in cryptos.
New York University has become the first U.S. college to offer a major in cryptocurrencies through the Stern School of Business. Stern was the first school to offer undergraduate courses in crypto and blockchain — doing so in 2014 in which only 35 students signed up. This school year, NYU has doubled its course offerings that now cater to hundreds of students.
Wall Street is realizing the power of crypto. Fidelity Investments CEO Abigail Johnson announced on Friday that the fourth-largest asset management firm in the world with $ 2.5 trillion in assets under management plans to roll out cryptocurrency and blockchain products and services by end of 2018.
“We’ve got a few things underway, a few things that are partially done … We hope to have some things to announce by the end of the year,” said Johnson at Boston Fintech Week 2018.
The University System of Georgia (USG) announced the launch of a state-wide fintech academy on on Sept. 11. It is the largest education effort of its kind in the United States. While individual universities have offered blockchain courses, such as Stanford and NYU, Georgia is opening the program to all current students across all colleges
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LG Uplus, the cellular carrier subsidiary of South Korean conglomerate LG Corp., is set to trial a cross-carrier blockchain payments service for overseas travelers. Dubbed the ‘Cross-Carrier Payment System’ (CCPS), the project sees the LG mobile carrier arm collaborate with partners in Japan, Taiwan and the United States to enable global mobile payment services among
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According to Business Insider’s Frank Chaparro, sources close to Citibank revealed that the $ 175 billion New York-based bank will offer crypto custody solutions to institutional investors. Through the launch of a product called Digital Asset Receipt (DAR), Citigroup will enable institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Similar to … Continued
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Investors may now have a new way of purchasing cryptocurrencies without actually having to own them. Manhattan, New York-based banking giant Citigroup has reportedly developed a product which could reduce the risk hedge funds and asset management firms are exposed to when they invest in cryptocurrencies. According to the Business Insider, the instrument which was … Continued
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A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered.
Introducing Hacking Insurance
A major South Korean insurance company, Hanwha Insurance, is reportedly introducing a new type of cyber insurance product this month aimed at providing compensation for hacking damages of domestic crypto exchanges, local media reported this week.
The Asia Times described:
A business magnate’s Twitter account got hacked and started promising free Bitcoin and Ethereum to its 22.5 million followers. Elon Musk, CEO & co-founder of Tesla, became the victim of growing hacking incidents on Twitter – for the second time. As the tycoon got busy posting philosophical tweets, his impersonator with a verified Twitter account
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Bethesda has recently followed up their latest gameplay trailer for Doom Eternal with three teasers that show off new explosive forces alongside trademark Doom gunplay. The latest teaser trailer provides an extended view at Phobos, an extendable blade, shoulder-mounted rocket launchers, and the new Meat Hook modification for the Super Shotgun. Players will be paired against […]
“Make sure to close the door behind you,” Mathis Schultz, the CEO of Northern Bitcoin, said to me in a near shout. As we entered the backside of the shipping container, partitioned for the ASIC miners’ exhaust, Schultz wanted to make sure the heat emitted wouldn’t mingle with the temperature-controlled front end of the shipping container.
The door opened, my senses, already ringing from the blaring of the ASICs’ mechanized grind, were ignited. Like stepping from one climate zone to the next, I was greeted by a wave of hot air, the collective, arid exhaust from the shipping container’s 210 Antminer S9s.
A new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $ 20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities.
American troops serving overseas will be able to cast their votes in West Virginia through a mobile voting platform based on blockchain technology in the federal elections in November 2018.
The mobile voting platform, Voatz, will use facial recognition software to match each user’s “selfie-style video of their face” to their government-issued ID, according to a CNN report. Once approved, voters will be allowed to cast their ballot on the app. Ballots will then be anonymized and recorded on the blockchain.
Voatz is a Boston-based startup that combines internet-based voting with blockchain technology. The platform was created to encourage citizen engagement and tackle low participation in local elections.
Binance Labs has invested in cryptocurrency loans company Libra Credit who will offer fiat and cryptocurrency loans to BNB holders using their coins as collateral.
The latest venture by the investment arm of the world’s largest cryptocurrency exchange, Binance, will take advantage of a growing demand for the liquidity of crypto-assets. Binance Labs is a social impact fund which incubates and invests in cryptocurrency and blockchain projects.
Libra Credit is branded as a decentralized digital asset financial services platform, and it has a primary focus on lending. Its initial coin offering (ICO) with the coin (LBA) ended May 5, 2018, having raised $ 26 million. Libra is planning to launch both a desktop lending platform and a mobile application for borrowers.
Five universities across three Spanish-speaking countries are now offering crypto courses. Among major topics of studies are Bitcoin, Ethereum, cryptocurrencies, blockchains, initial coin offerings (ICOs), smart contracts, DAOs, and crypto-economics.
Universidad de Alcalá, Spain
Universidad de Alcalá is a public university located in Alcalá de Henares, Madrid. It is a Unesco world heritage site and one of the longest standing European universities, dating back to the year 1293.
The school now offers a course entitled “Master in Ethereum, Blockchain Technology and Crypto-Economics.”
While most financial institutions have continued to be proponents of the ‘blockchain is good, cryptos are bad’ narrative, two of Russia’s largest banks are piloting a new cryptocurrency program for their clients. The two, Sberbank and Alfa-Bank, will offer their clients shares in a special new fund that will list six cryptocurrencies initially. The platforms will source their market data from some of the leading crypto exchanges including Kraken and Bitstamp. The initiative is geared towards the promotion of cryptocurrencies as legitimate financial assets in a country that has sent mixed signals to the crypto community.
Indian cryptocurrency exchanges have followed the Supreme Court’s suggestion for them to present their cases to the Reserve Bank of India. They have sent letters to the central bank, offering alternatives to the RBI’s banking ban.
Supreme Court’s Suggestion
Cryptocurrency exchanges in India have reportedly sent their pleas to the Reserve Bank of India (RBI) as directed by the Supreme Court’s ruling last month.
As institutional capital in the crypto space increases regularly, the need for blockchain technology and related enterprise support is at an all-time high, and several companies are working hard to provide both as the arena expands.
One of those companies is Coefficient Ventures, a crypto fund set on financing blockchain systems worldwide. Thus far, the company has made over 25 investments in companies and applications like Filecoin for decentralized storage; Raiden for scalability; and Zeppelin to improve smart contract capabilities.
Speaking with Bitcoin Magazine, founding partner Chance Du described how she sees a central role for blockchain investment across all sectors of the global economy.
Last fall, the company Blockstack launched a Signature Bounties campaign in order to offer rewards for individuals and teams to build decentralized platforms. So far the campaign has helped produce popular apps like the messaging app ‘Stealthy,’ and ‘Graphite’ documents platform. Now Blockstack has announced it is partnering with the peer-to-peer exchange Shapeshift to offer a $ 50K bounty to a developer who can build a universal wallet application.