Defi or decentralized finance: One area in cryptocurrencies attracting huge attention is Defi or decentralized finance. This refers to financial services using smart contracts, which are automated enforceable agreements that don’t need intermediaries like a bank or lawyer and use online blockchain technology instead. Defi, most of it built on the Ethereum blockchain network, is the next step in the revolution in disruptive financial technology that began eleven years ago with Bitcoin.
Eco Association develops blockchain governance framework: The eco – Association of the Internet Industry e. V. and the Institute for Internet Security if(is) of the Westphalian University of Applied Sciences are developing standards with five other partners in order to create a governance framework that represents a framework for the implementation of control mechanisms for a consortium blockchain.
Stock exchanges in Vienna and Singapore accept Bitcoin and Ethereum: The Vienna Stock Exchange, or Wiener Börse, has become the third official regulated market worldwide to list a Bitcoin product. The exchange listed 21 Shares AG’s Bitcoin and Ethereum exchange-traded products, “ABTC” and “AETH”, on September 1st. Thomas Rainer, Wiener Börse’s head of development, emphasized that the listing allows experienced, local investors to access the benefits that a stock market can offer to crypto traders, including monitored, regulated, and transparent trading with real-time information and secure settlement via their regular brokers.
The NEAR Blockchain: Bitcoin is considered digital gold. Ethereum, on the other hand, is the market leader in the use of smart contracts. NEAR protocols are blockchain designed to provide the power and user experience to move towards the general adoption of decentralized applications. This could guarantee security, decentralization and scalability.
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ETF: First German blockchain etf-nachrichten.de
Blockchain: Return to a healthy interest system btc-echo.de
Financial method: New method based on blockchain cvj.ch
Google: Automatic Speech Recognition techcrunch.com
Blockchain collides with GDPR: The blockchain technology is on a collision course with the EU’s General Data Protection Regulation (GDPR). According to current law, it must be possible to enforce the “right to be forgotten” – people who don’t want to be found by search engines should be able to enforce their right to delete certain information connected to them. Blockchain technology, however, is based on unchanged data with the purpose of increased transparency and tracking. The fact that personal data can be saved in blockchain protocols also collides with the regulation.
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Tether surpasses Bitcoin and Paypal’s daily transfer value: This week CryptoCompare data shows the price of Bitcoin started testing the $12,000 area once again, but moved back down below $11,200 during a correction. Since then, thanks to the Federal Reserve’s new attitude towards inflation, it has been moving up and is now trading at $11,600.
“Blockchain solutions have the potential to disrupt existing markets, to create new markets, and to drive tremendous consumer benefits. As with any new technology, though, it’s not guaranteed that these benefits will arise – and there is also the potential for abuses. As antitrust enforcers, we have the opportunity – and the obligation – to help markets realize the vast potential benefits from new technologies like blockchain and artificial intelligence, while avoiding the potential pitfalls.”
The antitrust chief of the US justice department and Vitalik Buterin, co-founder of Ethereum, share the vision of a blockchain for American antitrust law.
Investor lost 1400 Bitcoin in one simple mistake: A Bitcoin investor who downloaded an older version of the popular cryptocurrency wallet Electrum and updated its app with a fake update message appearing on the app has lost 1400 Bitcoin,