Wednesday, October 17, 2018

Steve Wozniak / Recycling / Fernando Haddad / Warning Signs

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Here are the 10 most important stories about bitcoin and cryptocurrencies today

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1. Apple co-founder Steve Wozniak has co-founded a blockchain-based venture capital fund. Named EQUI Global, the firm will target "sophisticated" investors that are focused on investing in other venture capital firms. Wozniak's firms will allow investors to purchase EquiTokens, the company's own crypto exchange based on the ethereum blockchain. –COIN TELEGRAPH

Wozniak co-founds crypto-based venture firm
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2. Vancouver-based startup Plastic Bank has created a blockchain-based system that lets people trade plastic for goods and services. The company wants to help promote plastic recycling in developing nations, which contribute disproportionately to the amount of plastic in the oceans. Plastic Bank's system lets locals trade collected plastic for health care, tuition, cooking oil, and other valuable items. –NBC NEWS

Plastic Bank uses blockchain to help recycle plastic
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3. Fernando Haddad, the presidential candidate for the Brazil Workers' Party, has published his government reform plan on blockchain. He decided to use blockchain after a long-term struggle with what he believed to be erroneous news reports. By using blockchain, Haddad said he can ensure that the information will not become compromised, laying out his ideas for the country's future. –COIN TELEGRAPH

Brazilian politician puts plan on blockchain
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4. There is no known correlation between the price of bitcoin and stocks, but that does not mean one cannot learn from the other. There is a growing belief that bitcoin – seen as a high-risk asset among institutional vendors – would feel the effects of a coming crash before traditional assets. As a result, institutional investors could use a bitcoin as a warning signal for the larger financial market. –NEWS BTC

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5. $194 million worth of bitcoin was transferred between accounts on Tuesday, costing just $0.01 in fees. –CCN

6. Argentina, Venezuela, and Egypt all posted record peer-to-peer bitcoin trading volumes. –BITCOINIST

7. Coinbase will now let users buy and sell ethereum token 0x. –COINDESK

8. Abu Dhabi will collaborate with a Belgium port on a blockchain trade program. –COINDESK

9. Bitcoin mining can help nuclear reactors. –BITCOIN.COM

10. Tether's struggles may benefit bitcoin, along with major altcoins. –COINNOUNCE

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Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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