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Blockchain Sports Betting App to Predict Outcome of World Cup Matches

A blockchain-based application that helps sports fans receive “reliable and transparent” betting advice has launched its main platform – only a couple of days after the football World Cup kicked off in Russia. BlitzPredict aims to provide innovative solutions to the issues that have plagued the betting industry in recent years by recording predictions on the outcome of sporting events ...

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EOS Block Producers Freeze User Funds to Prevent Theft, Resulting in Twitter Backlash

EOS has frozen seven accounts compromised by the registration process through phishing scams, according to a Steemit post by EOS42, an EOS block producer (BP) candidate. The news, published on June 17, has led to backlash based on allegations that the BPs have violated their own constitution. After the public learned of the account freezings, crypto enthusiast Nick Szabo referred ...

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How the Video Card Industry Learned to Love Crypto Mining

With profits soaring for some of the world’s biggest GPU manufacturers, it’s clear to see that crypto mining has had a powerful, and perhaps even a lasting effect on the video card production industry. This sudden and sharp increase can be explained by the growth of cryptocurrency in the last two years, as crypto miners snapped up these GPU chips ...

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Freedom of Press Foundation Starts Accepting Crypto, Sees $550K Donation on First Day

Nonprofit organization the Freedom of the Press Foundation (FPF) began accepting cryptocurrency donations June 18, opening its doors to Bitcoin and four altcoins. FPF, which formed in 2012, aims to support and protect free speech in the media, as well as campaign through whistleblower projects and raise awareness of threats to media publications. We are excited to launch a cryptocurrency ...

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‘Poketoshi’ Game Brings Nintendo’s Pokemon Onto Bitcoin Lightning Network

Portuguese software engineer João Almeida has created ‘Poketoshi,’ a platform that allows users to play Nintendo’s popular Pokémon game on the Lightning Network (LN), The Next Web reports today, June 19. pic.twitter.com/8KzX6LYX04 — João Almeida (@joaodealmeida94) June 19, 2018 Lightning Network is a second-layer solution to Bitcoin’s scalability limitations, opening payment channels between users that keep the majority of transactions ...

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Financial Watchdog to Issue Business Improvement Notices to 5 Crypto Exchanges

Japan’s Financial Services Agency (FSA) will be issuing business improvement notices to five registered cryptocurrency exchanges by the end of this week, Cointelegraph Japan reports Tuesday, June 19. According to the FSA inspections, crypto exchanges BitFlyer, Quoine, Bitbank, BITPoint Japan, and BtcBox do not have the proper internal management systems, including their measures to prevent money laundering. BitFlyer, Quoine and ...

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New Malta Bankers Association Chairman Praises Blockchain, Says Crypto ‘Here to Stay’

Marcel Cassar, the newly appointed chairperson of the Malta Bankers Association, said that blockchain tech sounds like a “banker’s dream.” Cassar also claimed that cryptocurrencies are “here to stay,” according to a June 17 interview with local news outlet The Malta Independent. Cassar begins the interview by noting that the banking industry has to keep up with the fast-changing digital ...

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Blockchain Network Takes on ‘Flawed’ Steemit by Offering Lifetime Earnings to Creators

A blockchain-based company is launching a content rewards platform that compensates creators – and says its platform boasts compelling advantages over “exploitative” mainstream rivals, all the while addressing flaws in other crypto-driven sites which offer a similar concept. UUNIO wants its service to threaten the likes of YouTube, where it claims some content creators are barely given $500 even if ...

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