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Tag

Cryptocurrency
Developer non-consensus in the Bitcoin Cash community is giving coinholders holders some gravy.  BCH 24 hour volume has significantly increased from $200MM to exceed $1B.  Prices have driven the increase, jumping from $425-$619 at the time of writing. Coinbase and Binance have announced support for the fork.  Deposits and withdrawals will be paused on the...
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While still critical of cryptocurrency in the public sphere, the Bank of America (BoA) added another patent to it’s growing collection on October 30, 2018.  The bank now holds more than 50 cryptocurrency and blockchain patents.  Surpassing even Alibaba and IBM, this number is quite the contrast to the next highest bank/financial institution – the...
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On the weekend, an accomplished and well educated friend of mine had a chuckle and said: ‘I saw a spoof article the other day, but was a bit confused because it was from the CBC (Canadian Broadcasting Company, which is a pretty credible source), the article was titled: Bitcoin Mining in Medicine Hat.’  She thought...
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While there are not quite yet official direct regulations around cryptocurrency, there are some indirect regulations which apply, some of which are governed by FINTRAC.  We encourage every cryptocurrency user to stay ahead of the game by ensuring their exchange is registered with FINTRAC.   RELATIONSHIP TO FIAT. A huge problem in cryptocurrency is its...
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I realized the other day that our office is like a Big Bang Theory episode. Every day I come home chuckling about some hilarious scenario that presented itself and how we all reacted/overreacted/interacted with each other. We have the entire cast covered, from Penny, to Sheldon, to Raj and Emily among others. Yup, I know...
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The Stellar Development Foundation (SDF) is said to be launching a new decentralized exchange platform next month.  The foundation is developing a new protocol with functionality that improves liquidity issues with false buy/sell walls.  Users will only be able to buy or sell the exact amount their wallet holds. This indicates they are taking regulations...
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Cryptocurrencies are the newest step in a long tradition of currency evolution. While cryptocurrency may seem like a giant leap to many, every new innovation in currency made waves and had naysayers. What many people miss is that cryptocurrencies and their underlying technology are a work in progress. The innovation is relatively new, and it...
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