Billionaire Crypto Bull Thiel’s Block.one Seed Shares Reap Staggering 6,500% Profit

By CCN: Block.one is returning jaw-dropping profits to its earliest investors like Peter Thiel. It’s a stock buyback of epic speed and proportions. In only three years the blockchain startup is buying back shares sold in a seed round of funding in 2017. The ROI for anyone who cashes out will be as much as 6,567%. Where did Block.one come up with all that money in so little time? It executed the biggest ICO in cryptocurrency history. The company raised $4 billion over a year-long token sale of EOS coins to power Block.one’s EOS.IO blockchain. The year-long crowd-funded token sale

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YouTube Superstar PewDiePie Boosts Blockchain Platform with 67% Subscriber Spike

By CCN: Sweden’s Felix Kjellberg AKA PewDiePie, YouTube’s most popular streamer, has been up and running on cryptocurrency startup DLive for a little over a month and is already drawing in the crowds. DLive’s subscriber numbers are already up 67% since PewDiePie joined the platform. The company has not released official numbers regarding Kjellberg’s specific impact but it’s safe to say that most of their success can be attributed to Mr. Pie’s exclusive streaming deal. Signing established streamers will be key to stealing market share from current players like Twitch. PewDiePiew has nearly 96 million subscribers on YouTube and has

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‘Fraudulent Propoganda’: Co-Founder of China’s Blockchain Uber Slams EOS

By CCN: Weixing Chen, the founder and CEO of Kuaidi Dache, a Chinese taxi-hailing application, has expressed his concerns about crypto assets like EOS in a statement published on Weibo that prioritize scalability. A rough translation of his statement read: EOS is a good example. I have always said that there is no problem in trying technology. The problem is the fraudulent propaganda such as ‘Million TPS” and ‘Next Generation Operating System’. CnLedger, a trusted crypto news source based in China, confirmed to CCN that the Weibo account is, in fact, Chen’s and that he is well known in

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Bitcoin, Not Blockchain: People Feverishly Search for World’s First Crypto

By CCN: Around the world, the majority of searches related to cryptocurrency involve the word “Bitcoin,” a new report by ConsenSys concludes. Excepting a few Asian countries, most of the world wants to find information about Bitcoin. In the U.S., UK, Nigeria, Brazil, France, and elsewhere, roughly 70% or more of all crypto-related searches are for Bitcoin. Comparatively, Taiwan and Japan have an abiding interest in Ethereum, blockchain, and related cryptocurrency more broadly. Key Markets for dApp Development ConsenSys, which was among the first companies to develop for Ethereum, needs the data to understand where key markets might be. While

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F*ck Bitcoin: ‘Expert’ Says Startups Should Go All-In on Blockchain

By CCN: Bernhard Schroeder, an educational director of entrepreneur programs at San Diego State, implores entrepreneurs and investors to focus on the blockchain, rather than Bitcoin. In a new editorial today in Forbes. Schroeder classifies Bitcoin as a speculative investment which may or may not work out long-term, but lauds the merits of blockchain, which he describes as “a serious technology.” The Resurrection of the ‘Blockchain, Not Bitcoin’ Brigade Schroeder believes that “the real potential” for blockchain technology will emerge from the companies who decide to build on it. Hundreds of firms who tried and failed during the ICO boom

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Microsoft’s Blockchain Obsession, Including ID Push, Is Good for Bitcoin

By CCN: Does Microsoft consider blockchain to be the strongest technology in the world? Who knows, but they sure seem to recognize its growing mainstream status and view it as a potential moneymaker. The company recently announced that it would be building a decentralized identity (DID) network on top of the Bitcoin blockchain, the oldest and arguably most trusted blockchain within the space. The network will be built in accordance with standards set by the Decentralized Identity Foundation, which Microsoft claims can overpower the “throughput issues” commonly witnessed on the Bitcoin blockchain. How Can Bitcoin and Blockchain Be Improved? Microsoft

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William Shatner Beams Up Ethereum-Based Proof-of-Authenticity Token

By CCN: William Shatner announced he’s partnering with Mattereum to launch an Ethereum-based system that authenticates and digitally transfers ownership of physical items including collectibles. He tweeted: “Today I am announcing that I am partnering with Mattereum and other technology creators to establish an authentication system, it establishes an irrefutable, internationally recognized proof of authenticity.” Shatner gave a shout out to homeboys Elon Musk and Vitalik Buterin in a tweet with a video announcement: Cryptonians! My friends @VitalikButerin & @ElonMusk were trying to decide what to build on @Ethereum. I’ve been waiting & waiting 🙄 I finally decided to do

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Score! Major League Baseball Launches Crypto Collectibles Game

By CCN: A company called Lucid Sight announced its partnership with Major League Baseball last year. Now the deal is coming to fruition, with the launch of MLB Champions, a crypto collectibles game that allows you to own a digitized version of baseball cards and play with them. Did you miss @RandySaaf on @YahooFinance this morning? We got you covered! See what our CEO had to say about @MLBChampions ⚾️@MLB @MLB_PLAYERS #nft #blockchaingaming #eth #baseball #mlb #digitalcollectibles #PlayToOwn #P2O https://t.co/fxRt3GQcoP — Lucid Sight (@LucidsightInc) May 9, 2019 Genius! Digital Collectibles: Rarity Without Wear and Tear Digital collectibles are perhaps the

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Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch

By CCN.com: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players. Famed investor Mike Novogratz this week called Facebook’s looming service “stunningly important” to the crypto space. If executed correctly, he said, Facebook’s payment service will be a “big, big deal” and lend credibility to cryptocurrencies. If Facebook launches the stablecoin they are reportedly building,

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Chinese Authorities Probably Want to Exploit Blockchain to Secretly Monitor Citizens

By CCN.com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go. Until now, one refuge for its citizens has been in the wooliness of time; not even the all-powerful Communist party can always measure where people go, when, and what they do. But, with a state-mandated blockchain, this could begin to change. Those inside China will be aware of the fate that awaits Bitcoin and other major cryptocurrencies; these will not survive if the state is unable to

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