According to the cointelegraph report, the Austrian Research Promotion Agency (FFG) coordinated and the COMET Center approved the Austrian Blockchain Center (ABC) in Vienna on the basis of a press release on November 29. ABC involves 21 research institutes, 54 companies, 17 related participants, and 16 international institutions and companies. According to the release, the research center will be multidisciplinary, focusing on applications in the Internet of Things (IoT), finance, energy, logistics and public management. The
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It XBT.NET reported, according to an official statement November 27, 2018 release, the Canadian luxury jeweler Birks Group support Bitcoin (BTC) payment services provided by encryption money to provide payment provider Bitpay. Bitpay’s software allows retailers to instantly convert bitcoin payments into local currency, avoiding price fluctuations in the cryptocurrency they choose. According to Birks Group, the Bitcoin payment option provides customers with cryptocurrencies a faster, simpler, and more secure purchase. Their customers can now use BTC to
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The Justice Department of the North District of Texas issued a news on the US Department of Justice (DOJ) website on November 28, saying that AriseBank CEO Jared Rice, Sr. was arrested on Wednesday by the FBI for defrauding investors of $4 million . Earlier this year, the US Securities and Exchange Commission also filed a civil lawsuit against Rice, 30. At the time, Rice was charged with three securities fraud offences and three wire fraud offences. According to a press release issued
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Binance stops providing services to Belarusian users
According to Mars Finance reported encryption Currency Exchange Binance has recently notified customers of Belarus, will no longer provide service in the country/region. Previously, there have been reports of such restrictions on residents of other countries in the Islamic Republic of Iran and Zimbabwe that were subject to economic sanctions. Belarusian users cannot access the global exchange According to Forklog, Binance, the world’s largest digital asset trading platform, does not specify when this restriction will take effect. However, the exchange pointed out that
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UBS Global Chief Economist said that Crypto has fatal flaws, but he is wrong
According to the US Patent and Trademark Office (USPTO) 11 Yue 27 released a document showing that the US technology giant Intel to “high-performance Bitcoin mining ” applied for a new patent. According to reports, Intel’s patent is dedicated to ” utilizing optimized data paths to improve the efficiency of hardware accelerators using SHA-256 hashes ” , reducing the energy consumption of bitcoin (BTC) mining by 15 %. The document states that “the SHA engine cluster may consume a lot of power, ” adds: “ This patent will use an ASIC– based, energy-efficient SHA engine that consumes less power in the bitcoin mining process. ” According to Cointelegraph3 May 30 news day, he said this spring,
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