Blockchain

South Korean Beachgoers Can Now Use Bitcoin to Pay for Services

A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use. According to ZDNet Korea, the firm partnered with card and cash payments provider Innotech for the token-powered payments solution in the Haeundae Beach System on the beaches …

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Title Token for Blockchain Estate Registry, Part 3

The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator of tokens across blockchains. The protocol conceptually comprises two major elements: The format …

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Major South Korean Bank Joins the Crypto Custody Business

KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of digital assets. The companies belonging to the partnership state that their inception into the crypto custody business is a response to regulatory …

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Podcast Host Lists Himself on Balancer: ‘EVAN’ Increases 500% in 2 Hours

The host of the ‘Week in Ethereum’ Podcast and former Director of ConseSys, Evan Van Ness is the latest person to tokenize himself on the blockchain — a growing trend in the gaming and marketing sectors. Within two hours of launch, a quarter of the EVAN tokens had been sold with the price per token …

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Kazakhstan May Tax Crypto Mining At a Flat-Rate of 15%

A proposal made by the government of Kazakhstan aims to impose a 15% flat-rate tax on crypto mining. The plan would use any funds accumulated through the tax to deal with the COVID-19 crisis in the country. According to Forbes, the Ministry of the Economy hopes to combat COVID-19 by funding countermeasures through the collection …

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Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta

“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate Xtheta’s global market advancement.” — Not long ago, an industry news story raised concerns in the Japanese digital currency community. …

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Much of Russia’s Blockchain Voter Data Is Now for Sale on the Dark Web

Passport data from 1.14 million Russians is now available for sale on underground shops via the dark web. This data was stolen from citizens who voted in the country’s recent constitutional reform referendum, which utilized Blockchain technology. According to Kommersant, quoting information provided by the hackers, illegal sellers have already sold over “30 thousand lines” …

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US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert …

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Blockchain Heroes Refuse to Accept ‘Old World’ Fiat Payments

Digital collectibles trading card series Blockchain Heroes launches this week, but won’t be purchasable with old school fiat or credit card payments. Instead trading card fans will only be able to buy packs using WAX tokens, currently priced at $0.05.  “We’re fighting the centralizers in the Blockchain Heroes universe,” said co-creator Joel Comm. “Why the …

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‘The Sandbox’ Game Announces $3M Token Sale Through Binance Launchpad

Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem’s main utility token, SAND. The sale will be held through the Binance Launchpad platform. The initial exchange offering, or IEO, will start on Aug. 13. This follows a private round investment by Binance Labs and will be only the third …

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