DLT Voting Would Likely Benefit Democrats: UNSW Professor

Professor Richard Holden thinks exploring distributed ledger technology for voting in US elections could put voter fraud lawsuits to bed. Richard Holden, an economics professor at the University of New South Wales Business School, says using distributed ledger technology could allay Republican concerns over mail-in voter fraud — but would likely benefit the Democratic Party.  Holden spoke at the Unitize conference on July 9 on The Law and Economics of Blockchain. The university professor said distributed ledger technology (DLT) has the potential to increase voter turnout and have a “meaningful…

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4 Ways Live Poker Is The Most Social Way To Gamble Online

Sociability heightens the enjoyment you can get from gambling. And no game oozes more social interaction than poker. Playing offline or in a less interactive online lobby can be fun. But they lack the people and personality which makes poker come alive. On the other hand, live poker embraces the best of online and blends it with a genuine casino atmosphere. Not to mention you can soak up the fun without having to step foot outside your own door. Read on to discover why live poker is the most social…

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Community Asked for Input to Guide Australia’s Blockchain Roadmap

The Australian Government has reached out to the blockchain community to help identify opportunities for blockchain adoption in the supply chain and credentialing sectors. The Australian National Blockchain Roadmap Steering Committee has reached out to the wider blockchain community in order to create working groups to explore specific applications of the technology within the supply chain, agricultural and educational sectors. The invitation on the Australian Government’s Department of Industry, Science, Energy and Resources’ website asks interested parties to submit their expressions of interest before the 22nd of July. The working…

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Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale

Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can be used to lend to cannabis startups in need of funding. Cryptocurrencies and cannabis culture go hand in hand in the eyes of many, and the company Ceres seems to be a firm believer of this theory. On…

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New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds

New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. A New York Supreme Court has found that veteran cryptocurrency exchange Bitfinex and its related stablecoin company Tether (USDT) must face claims they concealed the loss of commingled corporate and client funds. The claims were brought by New York Attorney General Letitia James, who has accused firms associated with Bitfinex and several associated companies of hiding more than $850 million in lost…

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Analyst Explains Why Bitcoin Is Trading Almost Exactly Like the S&P 500

On Wednesday, Bitcoin was pushing $9,500. The cryptocurrency had finally begun to rally after sustaining a dip to $8,900 on the weekend. Many said that BTC was poised to rally even higher. One trader, for instance, shared charts indicating that Bitcoin was on track to hit $10,500, then $11,500 as bullish momentum ramped up. But the S&P 500 has had other plans for this nascent market. On Thursday, the leading U.S. stock market index plunged at the open. As of the time of this article’s writing, the S&P 500 is…

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Islanders Demand Return of ‘.IO’ Domain From Colonizers

The ‘.io’ domain name has become part of a complaint against the U.K. for alleged human rights violations tied to its continuing administration of territories in the Indian Ocean. The popular ‘.io’ domain name has become part of a complaint against the United Kingdom for  alleged human rights violations tied to its continuing administration of territories in the Indian Ocean.  Sales of the ‘.io’ domain name are being contested as a part of a complaint filed by former islanders of the Chagos Archipelago, which has been at the center of…

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Coinbase Eyeing US Stock Market Listing as Early as This Year

Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public. Instead of an initial public offering (IPO}, where new shares are created, Coinbase is considering a direct stock market listing, Reuters reported, quoting three sources familiar with the plans. In a direct listing, “no new shares are created and only existing, outstanding shares…

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This Technical Pattern Just Flashed a Major Warning Sign for Bitcoin

Bitcoin’s momentum has stalled after it broke above its previous resistance at $9,300 The cryptocurrency is now flashing some signs of weakness as it struggles to push any higher One analyst is pointing to a technical pattern that BTC is currently forming that is strikingly similar to that seen right before its massive plunge in March If this pattern does replicate itself, it could lead the crypto significantly lower in the days and weeks ahead It is important to note, however, that large whales on Bitfinex have been offloading their…

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Successful Ransomware Attacks Decline in 2020

A report published by Emsisoft revealed a strong decline in successful ransomware attacks during Q1 and Q2 2020. The number of successful ransomware attacks witnessed a decrease between January and April 2020 in the U.S. public sector amid the COVID-19 crisis. However, researchers have recently noticed that trend reversing, with incidents now starting to increase. According to the study by the malware lab, Emsisoft, the figures show a decline in comparison to the 966 targeted establishments that were successfully attacked at the cost of $7.5 billion. Strong decline in the…

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