Ford Test Driving Blockchain for Energy-Efficient Vehicles

Ford is giving a little more road to a blockchain pilot program aimed at improving fuel efficiency. On Tuesday, the auto-giant said it will use blockchain to monitor and automatically implement fuel efficient driving modes for a fleet of vehicles in Cologne, Germany. This is part of a wider pilot program also happening in London and […]

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Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US

One company is driving its business plan straight into the “bitcoin wastes too much energy” argument and has raised $30 million to do so. That’s according to Layer1 co-founder and CEO Alexander Liegl, which plans to bring wind-powered bitcoin mining rigs to West Texas early next year. The company is raising a total of $50 million at a $200 […]

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WATCH: MyCrypto CEO Taylor Monahan on Crypto Adoption and Ethereum

At Devcon 5 last week, CoinDesk’s Leigh Cuen sat down with MyCrypto CEO Taylor Monahan to chat about user adoption and the state of ethereum. Founded in 2015, MyCrypto makes the blockchain more accessible through customer-first products for ethereum and ERC-20 tokens. As Monahan told CoinDesk, MyCrypto focuses on the customer experience: “People are used […]

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CipherTrace’s Blockchain Forensics Service Now Covers 700 Crypto Assets

The transactions of over 700 cryptocurrencies are now searchable via the blockchain analytics offering from CipherTrace. That means more than 87 percent of the top 100 cryptocurrencies by volume can now be traced through the API service, the company said Tuesday. Backed by notable firms like Galaxy Digital, CipherTrace has most recently been involved in […]

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South Korea Aims to Put Trade Finance on the Blockchain by 2021

Trade finance in Korea is headed to the blockchain according to a CoinDesk Korea story and other local press reports. The transition could be completed by 2021, while foreign-exchange transactions are set to be conducted using the technology within months. In terms of trade finance, relevant documents will be shared on the blockchain so they can […]

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Libra is ‘Catalytic Event’ for Central Banks, Says Head of Sweden’s Riksbank

The Libra cryptocurrency payments project is shaking up central banking, according to the head of Sweden’s central bank. Speaking on CNBC’s “Squawk Box Europe,” Riksbank governor Stefan Ingves said the Facebook-led project has been an “incredibly important catalytic event” forcing central bankers to reconsider their primary product: money. Ingves said the Riksbank – which is […]

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Bitcoin Sees Little Price Boost from Long-Term Bull Cross

View Bitcoin continues to trade flat despite a bullish crossover of the 100- and 200-period moving averages on the three-day chart – a lagging indicator. BTC may lack clear directional bias for the next few weeks, historical data indicates. Daily and 4-hour charts continue to call a drop to recent lows below $7,800. A break […]

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WATCH: ‘Big Four’ Exec Says Privacy is Key to Enterprise Blockchain Adoption

A senior executive at Big Four auditor Ernst & Young (EY) thinks blockchain will revolutionize commerce – if the community can solve its privacy issues. “Blockchain is going to be the tool that ties together not just individual companies, but whole business ecosystems and networks,” says EY global innovation lead Paul Brody. “Enterprises will not […]

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Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury’s Split on Price

Is the next halving going to send bitcoin to the moon? Well, maybe not that fast. As the programmed reduction of the miners’ reward is approaching (expected to happen in May next year), people are disagreeing about its probable effects. Bitcoin has gone through the halving two times before, in November 2012 and July 2016, and both […]

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CoinShares, Blockchain Launch Gold Token Network on a Bitcoin Sidechain

Digital asset manager CoinShares is putting gold on the bitcoin blockchain. Working with wallet provider Blockchain and precious medal trader MKS (Switzerland) SA, the U.K.-based firm announced Tuesday a gold-backed network for trading tokens representing digitized physical gold, a project two years in the making. According to CoinShares, the network launches today with more than […]

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