Ethereum(Eth) and Ripple(XRP) are ‘Noncompliant Securities,’ Says Fmr. CFTC Chairman

The two most valuable altcoins are most likely “noncompliant securities” under US law, claims a former markets regulator. Gary Gensler, a former head of the Commodity Futures Trading Commission (CFTC), said that he believes Ether and XRP have been issu…

MIT Media Lab Uses the Bitcoin Blockchain to Issue Academic Certificates

Members of the MIT Media Lab have related in a Medium post what they have learned from designing a system for issuing academic certificates using bitcoin blockchain technology. The team released version 1 of its code under its open source license to allow others to experiment with similar ideas. The lab wants to share its ideas behind the […]

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MIT’s Digital Currency Initiative Establishes $900,000 Bitcoin Developer Fund

The Digital Currency Initiative (DCI) in part with the MIT Media Lab has announced in a blog post that a $900,000 Bitcoin Developer fund has been started to help fund independent research of Bitcoin associated technology. Appropriately, the fund has a specific wallet set up to accept funding donations in the form of Bitcoin as […]

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MIT Media Lab Director: How The Bitcoin Blockchain Can Unlock The Internet’s Full Potential

Brian Forde, MIT Media Lab’s director of digital currency, explained how bitcoin and the blockchain could transform the way the world does business during a podcast interview presented by Inc. Uncensored. A team of Inc. editors, led by Editor James Ledbetter, introduced Forde and asked him to give an overview of bitcoin and the blockchain […]

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How Bitcoin Could Prevent a Future Greece

It might be too late for bitcoin to save Greece from its currency crisis, but the digital currency is evolving fast enough that there’s a good chance it will help future crises. Christopher Mims, a writer for The Wall Street Journal, claims in today’s edition that digital currency is “at an inflection point” and evolving faster than most people realize. “Whatever happens to bitcoin itself, the technology underlying it opens up previously unimagined possibilities for the future of just about anything humans exchange,” Mims stated. For Greeks to get ahold of bitcoin, they need to buy euros, which is the last […]

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