Cointelligence Blog

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Chinese regulators fail to slow Bitcoin’s tremendous growth

Despite the shut down of exchanges, Chinese investors continued trading Bitcoin and investing in ICOs. Investors simply switched to peer-to-peer trading, thus eliminating the need for an exchange’s involvement.
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Half a million ETH frozen as Parity Wallets get hacked

At least $150 million worth of Ethereum funds have been “frozen” after an accidental exploitation of a code bug. Over a hundred miners using multi-signature wallets to store their Ether virtual coins have permanently lost access to their accounts.
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Millennials more likely to invest in cryptocurrency, study finds

The latest study suggested that Millennials are more likely to invest in cryptocurrency than any other age group.
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BitTorrent creator launches world’s first eco-friendly cryptocurrency

Bram Cohen from BitTorrent created a cryptocurrency which uses fewer resources.
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Sweden and New Zealand release ICO-related regulation statements

Sweden’s financial regulators have issued a statement detailing the risks related with ICO investments. On the other hand, the statement issued last month by New Zealand’s Financial Market Authority (FMA) regarding cryptocurrency services encouraged ICOs and the cryptocurrency industry.
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Upcoming Bitcoin hard fork, SegWit2x, cancelled for lack of consensus

Mike Belshe, project lead for the Segwit2x hard fork, just announced that the controversial Bitcoin protocol upgrade has been cancelled. The split that was expected to occur on or around November 16th, has been suspended indefinitely.
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UFC caught running covert mining scripts

The popular sports platform’s fans have been accusing it of running a mining script without their consent.
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Bitcoin price to reach $8000 says Goldman Sachs analyst

Goldman Sachs’ chief technician stated that Bitcoin will soon reach up to $8 000.
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New blockchain technology claims to be 10x more efficient

The latest blockchain technology, Graphene, promises to be quicker and more efficient than current technology.
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State Bank of India employs Blockchain to manage KYC system

One of the biggest banks of India, the State Bank of India (SBI), disclosed its plans to implement Blockchain solutions in the management of Know Your Customer (KYC) protocols, among other financial processes.
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