Argo Blockchain Sees Mining Revenue Rise Tenfold in 2019 By Cointelegraph



Publicly-listed mining company Argo Blockchain had a tenfold increase in revenue for 2019 over the previous year, ProactiveInvestors reports on Jan. 20. Its shares bounced as the company plans further expansion in the upcoming year.

Argo Blockchain PLC is a company operating mining rigs for profit, as well as providing Mining-as-a-Service (MaaS) to institutional investors who are “looking to hold specific coins but do not want to procure via exchanges.”

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Huobi Joins Blockchain Turkey Platform to Boost Local Ecosystem By Cointelegraph



Major crypto exchange Huobi becomes a member of the Blockchain Turkey Platform to cooperate with local players on blockchain efforts.

Five months after officially entering the Turkish market, Huobi joined the Blockchain Turkey Platform as a “Platinum” member, the global crypto exchange announced on Jan. 15, according to a press release shared with Cointelegraph Turkey. Founded by the Turkish Informatics Foundation in 2018, the Blockchain Turkey Platform (BCTR) is an independent, non-profit organization that aims to create a healthy blockchain ecosystem in Turkey. The platform has members from banking and finance, venture capitalism, technology, and crypto industries.

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Unpacking the Potential of Blockchain and Infrastructure in Africa By Cointelegraph



The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African trade, such as the African Continental Free Trade Agreement, are setting the table for an environment conducive to rapid growth, where both energy and financial infrastructure are a primary focus.

Africa’s untapped economic potential is no secret. The continent’s population has soared past more than 1.3 billion, which accounts for roughly 17% of the world’s population and is mostly comprised of young people, with two-thirds of the population below the age of 24.

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$17M Funding Round in Startup to Bring Blockchain Tech Into ETFs By Cointelegraph


$17M Funding Round in Startup to Bring Blockchain Tech Into ETFs

As a exchange-traded fund (ETF) continue to elude U.S. markets, one startup has secured $17 million that seem earmarked to bring blockchain tech to ETFs.

WisdomTree announced investment in a startup called Securrency Inc., one of the top institutional-grade blockchain builders in the financial and regulatory space, per a Jan. 7 press release.

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China Continues to Streamline Its Blockchain Patent Application Process By Cointelegraph


China Continues to Streamline Its Blockchain Patent Application Process

The National Intellectual Property Administration (NIPA) in China continues to clarify the guidelines for blockchain patent applications, which are set to become effective as of Feb. 1.

At the end of December 2019, the NIPA announced the revised guidelines to patent applications for new emerging technologies such as blockchain, artificial intelligence, big data, and business rules and methods.

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Key Players in Crypto and Blockchain Share Their New Year’s Wish for 2020 By Cointelegraph


Key Players in Crypto and Blockchain Share Their New Year’s Wish for 2020

The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with (BTC) crashed to as low as $3,800, leaving numerous experts to paint a gloomy picture of a longstanding bear market and call the downturn in the first half of 2019 the longest and harshest in the crypto history. While cryptocurrency markets were struggling to recover, corporate and central bank digital currencies have quietly become a focus of attention.

The blockchain sector has seen exponential growth in 2019, as it became recognized by governments and institutions around the world as a transformative technology. This year, blockchain adoption reached new highs as it continued to find new use cases. News broke with an array of exciting blockchain-related developments, with the United Nations-led International Organization for Migration launching a blockchain tool to prevent the exploitation of migrant workers, and Chinese President Xi Jinping giving a seminal public endorsement of blockchain technology.

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United Nations Must Embrace Blockchain: UN Secretary-General By Cointelegraph


United Nations Must Embrace Blockchain: UN Secretary-General

United Nations (UN) secretary-general António Guterres said the organization must embrace blockchain technology. According to a Dec. 28 Forbes report, Guterres believes that blockchain should be among the technologies used by the UN.

“For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable Development Goals,” he said.

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University of California at Santa Barbara Just Finished Its First Accredited Blockchain Course By Cointelegraph


University of California at Santa Barbara Just Finished Its First Accredited Blockchain Course

The University of California at Santa Barbara (UCSB) has just concluded its first accredited course focused on blockchain and distributed ledger technology.

The course, which was taught as a computer science class through the College of Creative Studies, was formed in response to requests from the Blockchain Acceleration Foundation (BAF), a nonprofit organization composed of students, professors, blockchain advocates, and interested individuals who want to facilitate the mass adoption of blockchain technology.

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China to expand blockchain pilot, study forex reforms for cryptocurrency: regulator By Reuters


China to expand blockchain pilot, study forex reforms for cryptocurrency: regulator

SHANGHAI (Reuters) – China will expand the scope of its blockchain cross-border financing pilot platform, a senior official at the country’s foreign exchange regulator said on Tuesday.

Lu Lei, deputy head of the State Administration of Foreign Exchange (SAFE) make his remarks at a forum in Beijing, where he said the regulator will strengthen the integration of fintech and the foreign exchange market, while maintaining a grip on supervising technology development.

“We will gradually expand the scope of the pilot and the application scenarios of blockchain technology in cross-border financing and macro prudential management,” Lu said.

“At the same time, (the government) will push forward a prospective study on foreign exchange reforms to deal with cryptocurrency and explore the construction of the foreign exchange regulation and technology system under the new situation.”

Lu added that the SAFE’s cross-border financing blockchain platform is currently the only one registered by a central state agency at the Cyberspace Administration of China ().

The platform, first launched in March, has expanded to 19 provinces and cities in November from 9, according to Global Times, a newspaper published by the official People’s Daily.

China has studied the application of blockchain and artificial intelligence in cross-border financing with a focus on risk management, and will further liberalise its capital markets.

Blockchain has attracted a lot of attention in the past few months after Chinese President Xi Jinping said China should accelerate the development of blockchain technology, a digital ledger that forms the backbone of many cryptocurrencies such as bitcoin.

His remarks sparked a rush into the shares of firms engaged in, or believed to be engaged in blockchain or digital currency-related businesses.

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If Blockchain History Were the Original Star Wars Trilogy By Cointelegraph


© Reuters. Bitcoin Wars: If Blockchain History Were the Original Star Wars Trilogy

A long time ago in a galaxy far, far away… or maybe 2008 just feels like a long time ago.

It is a period of civil war. Rebel cypherpunks are under the leadership of 900-year-old Jedi Muppet Satoshi Nakamoto, who managed to create secret plans for improving the galaxy’s financial infrastructure by removing the need for trusted financial intermediaries. The plans involve THE BLOCKCHAIN, a mystical force that binds the galaxy together.

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