EOS Hype Builds as Over 50 Candidates Vie for 21 Supernodes (bitcoinmagazine.com)

EOS is scheduled to migrate from the Ethereum network to its own on June 2, 2018, and a slew of candidates are vying for one of twenty-one supernodes that will support this new mainnet. Since the first week of March, the platform’s Steemit account, EOS Go, has posted weekly reports on the organizations that have submitted themselves for consideration.A mixture of big and little fish, the candidate pool includes upward of 50 different…

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WikiLeaks Store Secures New Payment Processor After Losing Coinbase Support (bitcoinmagazine.com)

WikiLeaks has had to find alternative solutions for its online shop. On April 20, 2018, the whistle-blowing document depository revealed in a tweet that Coinbase has shut down the WikiLeaks’ online store account.With Coinbase out as a payment processor, WikiLeaks’ online shop has turned to…

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Promoted: ShoCard’s Use Cases Bring Blockchain Solutions Where They’re Most Needed (bitcoinmagazine.com)

Some blockchain applications are solutions looking for problems, but there are other issues that are just begging for help from decentralized technology. Managing and authenticating identity is one of the latter.Traditional authentication processes in many industries use easily guessable identity questions, forgeable documents and unwieldy manual checks. As such, they are ripe for disruption. Armin Ebrahimi, CEO and founder of the blockchain-based ID management company…

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Saudi Telecom and ConsenSys Boost Blockchain Infrastructure in Middle East (bitcoinmagazine.com)

Saudi Arabia is rebuilding its country’s industry and government infrastructure in line with its Vision 2030 commitment to become a world leader in the adoption of blockchain infrastructure technology.ConsenSys, the world’s largest Ethereum blockchain design studio, is partnering with the Saudi Telecom Company (STC), to help make this happen. In a Memorandum of Understanding (MOU) signed recently, the two companies agreed to work together to design…

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Bitcoin Magazine’s Week in Review: Acquisitions and Inquisitions (bitcoinmagazine.com)

Coinbase continues to grow with its acquisition of Earn.com this week, getting both a CTO and a company out of the deal. In the meantime, the New York Attorney General is working to bring greater transparency into how cryptocurrency exchanges operate with a letter and a three-page questionnaire going out to 13 exchanges, one of which is Coinbase.The seemingly neverending struggle to find a new online ad model continues with a new proof of concept slated to be released next month from a…

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“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor” (bitcoinmagazine.com)

Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.”Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change this, venture capital firms Andreessen Horowitz and Union Square Ventures have gathered a team of lawyers and investors known as the “Venture Capital Working Group” to meet with the U.S…

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Brazil’s Largest Brokerage Firm May Be Launching an OTC Bitcoin Exchange (bitcoinmagazine.com)

Brazil is home to half of South America’s population and wealth, and right now, the country’s largest investment broker firm may be primed to launch an over-the-counter (OTC) bitcoin exchange.XP Investimentos has not made any official announcements on the matter, but according to reports in…

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Salon Joins With AdLedger and IBM to Trial a Blockchain Approach to Ad Tech (bitcoinmagazine.com)

A digital media pioneer, liberal news and commentary site Salon launched in November 1995 just as online news was starting to get its teeth. This was back when the internet was still ramping up. Publishers and advertisers had a simpler relationship then.Despite its wonders, the internet has made advertising models increasingly complicated. Where advertisers and publishers once had a one-on-one relationship, today’s ads go through a series of…

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When the Taxman Comes Knocking, Will Americans Report Crypto Gains? (bitcoinmagazine.com)

Cryptocurrency investors appear to be skirting their taxes. Whether keeping with crypto’s anti-establishment roots or for lack of ability, American cryptocurrency practitioners are testing the IRS’s tolerance for crypto tax evasion.Tax day in the United States is tomorrow, April 17, 2018, but according to the popular tax filing service Credit Karma, few cryptocurrency holders have reported earnings or losses on their 2017 tax documents. Out of the company’s 250,000 new filings, under 100…

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Bitcoin Magazine’s Week in Review: Startups Are Making Progress (bitcoinmagazine.com)

Golem has lumbered in from the wilderness now with its first beta release, the Brass Golem, bringing the notion of Airbnb for computers to life on Ethereum. Also in Ethereum news, Ether Capital seeks to be a steadying and calming force in the Ethereum technology and ICO space.Samsung has now confirmed that it is manufacturing ASIC chips for Halong Mining, while the ASIC-resistant hashing algorithm that is part of Ravencoin has peeked its head above the clouds with a new white paper and…

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