Monday, March 18, 2019

Cryptopia Cuts / Biohacking / Burj Khalifa Tokens / Vectordash

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1. Cryptopia, the New Zealand cryptocurrency exchange hacked in January, will give users "haircuts" on lost cryptocurrency as they attempt to restart operations. A Twitter user posted an update from the company, which states that BTC owners will receive a 14 percent cut, LTC owners a 43 percent cut, and ETH users a 100 percent cut. It was not clear if the cuts would come from crypto held just in hot wallets, or all wallets. The platform did not mention any details about compensation with respect to token loss. –AMB CRYPTO

Cryptopia users to get haircut
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2. CoinDesk editor Bailey Reutzel implanted an RFID chip in her hand that allows her to access her bitcoin wallet. Reutzel, who chronicled the experience in this video, had the chip implanted at a body hackers conference in Austin. The chip allows her to access her wallet, and instantly connect any NFC-enabled phone to a website, simply by moving it close to her hand. Reutzel added that the chip company, VivoKey, will add a new API in the next few days that will make the chip an authenticator key. –COINBEAT

Coindesk editor implants RFID chip
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3. Emaar Properties, the real estate developer behind the Burj Khalifa, plans to create a digital token and its own blockchain platform. The company's token will serve as a way to reward customers. People will be able to use it for real estate, malls, hospitality, entertainment, facilities management and online shopping. The Al Maktoum family, the royal ruling family of Dubai, owns part of Emaar Properties, which despite owning the landmark skyscraper, saw its shares drop 39 percent last year. –REAL DEAL

Burj Khalifa developer to create digital token
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4. Startup Vectordash plans to pay cryptocurrency miners to rent their GPUs as part of a new cloud gaming service. The company charges customers $28 per month to render games on the cloud so they can be run on non-gaming laptops. In order to provide the requisite power, the company will pay GPU renters between $60 and $105 per month for the graphics processing real estate. With a bear cryptocurrency market, Vectordash hopes to take advantage of miners that have GPUs with little to do. –TECH CRUNCH

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5. The US Securities and Exchange Commission plans to host a public forum on distributed ledger technology and digital assets on May 31 in Washington, D.C. –COIN TELEGRAPH

6. Riot Blockchain, the biotech firm bitcoin-mining company, plans to launch an exchange before the end of the second quarter this year. –CCN

7. Block.One CEO Brendan Blumer argues bitcoin will replace gold as a store of value and will not scale because "it doesn't need to." –BITCOINIST

8. Crypto data researcher Kevin Rooke tweeted that bitcoin's daily trading volume hit its highest levels last month since April. –NEWS BTC

9. Despite some setbacks, the cryptojacking market continues to go strong. –HELP NET SECURITY

10. An API to track bitcoin futures data has been launched. –COINDESK

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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: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside) and Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram).

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