European Commission to Invest €30 Billion in Technology Initiatives

Announcements, Blockchain, Investing | October 31, 2017 By:

The European Commission has committed 30 billion euros of funding on technology initiatives, including 2.7 billion euros to establish a European Innovation Council.

The investment would come through the European Union’s Horizon 2020 initiative, which to date has 77 billion euros at its disposal to support European scientific advancement.

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CoinList, The Godfather of Filecoin’s $257 Million ICO, Heads Out As An Independent

FinTech, ICO News, Investing, News, Regulation, Uncategorized | October 30, 2017 By:

CoinList is an organization dedicated to facilitating compliance and other technical issues on vetted initial coin offerings, and was the platform behind the $257 million Filecoin token sale, the largest initial coin offering to date.

The company is now independent after being incubated by AngelList,

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Economist Touts Sovereign Digital Currency Over Current Digital Landscape

Interviews, News, Regulation | October 30, 2017 By:

Central banks will make digital currency transaction more efficient and eliminate the illicit activity currently associated with cryptocurrencies, a prominent economist said Monday.

Barry Eichengreen, a professor at the University of California, Berkeley, spoke to CNBC Monday and said that cryptocurrencies would not play a major role in sovereign economies.  

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Making Money With Redundant Mining Hardware – OPINION

FinTech, Interviews, Investing, News, Opinion, Uncategorized | October 30, 2017 By:

Sergey Nikolenko is the mathematician of Neuromation, a company that combines artificial intelligence with the computing power of cryptocurrency miners into an integrated marketplace. In simple terms, by using synthetic datasets in machine learning, Neuromation will be able to drastically decrease the cost and adoption of widespread AI adoption,

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Cyprus Securities Regulator to Use Blockchain Technology

Announcements, Blockchain, FinTech | October 30, 2017 By:

The Cyprus Securities and Exchange Commission (CYSEC) is planning to use blockchain technology to facilitate digital payments.

CYSEC chair Demetra Kalogirou stated that some Cypriot investment firms have already been using blockchain to carry out over-the-counter (OTC) transactions, and added that the commission has issued a circular imposing restrictions on supervised companies.

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