Author: Tommy

22 European Nations Formed New Blockchain Partnership

Twenty-two European countries have established new blockchain partnerships with the aim of exchanging and sharing information about the technology. Countries including the United Kingdom, France, Germany, Norway, Spain and the Netherlands signed a statement on Tuesday to announce the establishment of a new European blockchain partnership. The cooperation aims to reduce the separation of technologies by sharing the technical and management experience of member countries and aims to promote the application of blockchain technology in the digital market throughout Europe. Mariya Gabriel, the European digital economics and social commissioner, said that all public services will use blockchain technology in...

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Rockefeller Family will Enter the Crypto through Cooperation with CoinFund

April 9, according to “Fortune” magazine, Venrock, a venture capital firm owned by the Rockefeller family, the top consortium in the United States, will work with digital currency investment company CoinFund to help entrepreneurs establish blockchain-based businesses. In 1946, Rockefeller Brothers was founded by Lawrence S. Rockefeller of the Rockefellers. In August 1969, the company was renamed Venrock. So far, Venrock has invested in more than 440 companies, including Intel, Apple, DoubleClick, 3Com, of which 125 companies have successfully listed, and the total investment exceeds 2.5 billion US dollars. Today, the company is embarking on a new field: cryptocurrency....

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Strict Regulation and Supervision of Virtual Currency is Still the Major Trend

The sharp decline in the prices of virtual currency such as Bitcoin is closely related to the increasingly stringent regulation pressures in the world. With the virtual currency becoming more and more fierce, and becoming a concentrated area for various illegal financial activities. The regulation of Bitcoin and other virtual currencies becomes stricter in the future is a trend. In recent days, virtual currencies such as Bitcoin have started to “fall”. According to Bitstamp’s data, on March 30, Bitcoin fell below the $7,000 mark to $6,929, and fell by 12% in 24 hours. At the end of last year, Bitcoin...

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Bank of Korea: More Than 20% Citizens Have the Awareness of Cryptocurrency

According to a survey conducted by the Bank of Korea (BOK) on March 27, young citizens in their twenties and thirties need not only to become familiar with cryptocurrencies but also to join the frenzy of digital currency. BOK’s survey revealed that 21.6% of the 2511 respondents knew the digital currency. In this 21.6% of cases, the awareness rate of respondents in twenties and thirties respectively rose to 29.4% and 40.3%. On the other hand, among those who are eager to invest in encryption technology, the proportion of people under the age of 20 is 24.2%, while that of...

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U.S. Approved Power Company Taxation of Companies with Over 300 Kwh of Electricity

According to a ruling announced by the New York Public Service Commission on Thursday (March 22), cryptocurrency miners who purchase electricity from certain New York power companies will face a new tariff on electricity since March 23. The commission approved 36 northern municipal utility companies to impose additional fees on companies with a maximum electricity demand of more than 300 kWh. Just a few days ago, the City of Plattsburgh, New York, where the two bitcoin mining companies were located, also approved an 18-month cryptocurrency mining ban to maintain its electricity supply. Shone Anstey, CEO and co-founder of Blockchain Intelligence...

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