Blockchain Journalism Startup Civil Refunds Investors after Failed ICO

Initial coin offering (ICO) operator Civil will refund investors due to the blockchain startup’s failure to reach its minimum sale cap. Civil will conduct another token sale in further efforts to build their Journalism business. Civil ICO Civil’s first ICO began in September and wrapped up this week. Their mission, according to their website, “is to help power

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Ubisoft Joins Blockchain Game Alliance as Publishers Anticipate Death of the Video Game Console

The video game console is dying, and AAA game publisher Ubisoft wants to help craft the standards that guide the development of one of the technologies that may one day replace it: blockchain. Ubisoft Joins Blockchain Game Alliance Toward that end, the French gaming giant has signed on as a founding member of the Blockchain

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ConsenSys Has Begun Using Ethereum to Supply Electricity to Texas

Grid+, a blockchain startup operated by ConsenSys, the largest blockchain software company in the world operated by Ethereum co-creator Joseph Lubin, has successfully started to supply electricity to its clients in Texas. Milestone Reached: Grid+ Texas has begun flowing power to its first four customers! — Grid+ (@gridplus_energy) September 21, 2018 Through the use of

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Interview: Ethereum Development Studio ConsenSys CSO Sam Cassatt

We had the opportunity to interview Sam Cassatt at TechCrunch Disrupt SF. Sam is the Chief Strategy Officer of ConsenSys and has great involvement throughout the organization. Sam has an interesting background in that he worked on biocomputation in the field of Cognitive Science at John Hopkins and then consulted around the topic for years.

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Interview: Joseph Lubin, Co-Founder of Ethereum & ConsenSys

We were able to sit down with Ethereum and ConsenSys Founder Joseph Lubin last week at TechCrunch Disrupt SF and talk to him about some of the projects that ConsenSys is working on. [Editor’s Note: This interview has been edited for clarity] CCN: What is ConsenSys? Joseph Lubin: ConsenSys is a venture development studio with

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Ethereum Co-Founder Defends Tether Against Bitcoin Price Manipulation Claims

One of the cryptocurrency community’s most respected voices is throwing his support behind tether (USDT), the controversial “stablecoin” that critics allege has been used to manipulate the bitcoin price. Joseph Lubin, an Ethereum co-founder, told Yahoo Finance that he “believes” USDT is backed by physical dollars at a 1 to 1 ratio, as the token’s

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Bank of America Blockchain Patents Are ‘Meaningless’: Former VP

If patent applications were directly correlated with a company’s commitment to innovating in a particular field, then Bank of America would doubtlessly be one of Wall Street’s biggest blockchain bulls. The bank, the second largest financial institution in the U.S., has filed for approximately 50 patents related to blockchain technology, many of which also establish

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Cryptocurrency Funds, Led by Ether, Take A Brutal Beating

Crypto funds, led by Ether, took a beating in the past week as the market continues to struggle. Autonomous Next, a financial researcher, noted in a recent post that its BITA 50 index, which tracks the top 50 crypto coins, has struggled in the past year. At least half of the crypto funds are losing

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Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth

Ethereum co-founder Joseph Lubin said that he does not see the recent slump in cryptocurrency prices as a constraint to growth in the market. In a recent interview with Bloomberg, Lubin said the collapse in prices is not a new development as it has always been present in the “blockchain ecosystem since 2009 when Bitcoin

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China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push

Government officials in Xiongan New Area have announced a partnership with Ethereum development studio ConsenSys to develop blockchain initiatives for China’s “dream city.” According to the South China Morning Post, the Xiongan government has signed a memorandum of understanding (MoU) with the U.S.-based ConsenSys to “establish Xiongan as a next-generation smart city and a leading

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