Cryptocurrency Insurance Is Going To Be A Necessity

Have you ever thought about cryptocurrency insurance, does it apply to you?

The insurance industry has a lot to gain from the cryptocurrency economy, so you know they want in on it. Luckily to the consumer’s benefit, this might actually be something useful. A handful of insurance agencies have already starting adopting cryptocurrency plans, agencies such as XL Catlin, Great American Insurance Group, Chubb, Mitsui Sumitomo Insurance, and Line which is a messaging app that is soon to feature loans and insurance policies, along with transacting crypto.

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Google Randomly Removed MetaMask

Google randomly removed MetaMask?

What is MetaMask?

As per their about page:

MetaMask is a bridge that allows you to visit the distributed web of tomorrow in your browser today. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node.

MetaMask includes a secure identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.

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Some Countries Are Embracing Cryptocurrency

Which countries are accepting and embracing cryptocurrency?

Today the cryptocurrency industry faces some pretty serious regulatory issues. Fundamentally cryptocurrency is supposed to have decentralized power and authority, so the model from the floor up is going to take some work in order for global adoption to take place. Regulations to protect the consumer/user is warranted, but it gets messy when we start talking taxes.

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Blockchain vs. Distributed Ledger Technology

Why does blockchain differ from distributed ledger technology?

Blockchain technology and distributed ledger technology are indeed different, and the two terms will be brought up together more often as time goes on. The terms are not interchangeable and there are some fundamental differences that separate the two.

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AID:Tech – Delivering Enterprise Level Blockchain Solutions

So let’s begin with this and introduce AID:Tech, a company that is focused on blockchain solutions for the world’s arising issues. Taken from their “about us”, they were the first company to deliver aid to Syrian refugees completely transparently by using blockchain technology.  No other company as matched blockchain solutions like this.

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First Bitcoin ETF Denied By SEC

The Winklevoss brothers were denied the first Bitcoin ETF by the SEC, also known as the Securities and Exchange Commission. A major blow to the growing cryptocurrency reputation and adoption. An ETF is an “exchange-traded fund”, an investment tool that monitors bonds, asset portfolios, and benchmark indexes. ETF’s can also be traded similar to a stock on exchanges, an extremely useful tool in trading.

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Bitmain Bringing More Transparency To The Table

According to a blog post directly from Bitmain themselves, they have released a transparency policy for shipping and mining practices. This was an extremely smart step for Bitmain, because as their company grows, it will be important to have high ethical standards and practices. This is going to set the pace and standard for other mining hardware manufacturers.

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New Drug Wipes Out Malaria In A Single Dose — But There’s One Hitch

“The world now has a potent, new weapon against malaria — one that can wipe out the parasite from a person’s body with a single dose.

But before many people around the world can use it, scientists have to overcome a big obstacle.

On Friday, the U.S. Food and Drug Administration approved a drug to cure a type of malaria that’s been hard to stop. Called Plasmodium vivax, the parasite can hide out in a person’s liver for months and cause multiple rounds of malaria — even after being treated. Some people can have more than a dozen lapses.

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Coinbase Offering Gift Cards

Coinbase is selling new gift cards that you can purchase with cryptocurrency. They are loaded with fiat currency but can be purchased with crypto! Not something new to the industry, but a nice addition for Coinbase.

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UK-based Cryptocurrency Exchanged Teaming Up

A UK-based cryptocurrency exchange has chosen to join the fight against market manipulation, alongside Coinbase and Gemini! This exchange is Coinfloor.
 
There method for fighting? Score. A program developed by Trading Technologies. Score uses AI to detect market manipulations and other anomalies. Something we hope to see many other exchanges implement!

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