Cryptic Labs Has Just Taken Two Nobel Laureates As Advisors

Cryptic Labs, blockchain research firm and accelerator, added two Nobel-winning economists as advisors. Dr. Eric S. Maskin and Sir Christopher Pissarides will "provide insights into incentive mechanisms, game theory, and macroeconomic policies." A professor at Harvard Universiy, Dr. Maskim will help the company when it comes to knowledge of game theory and mechanism design, mainly how blockchain projects can develop…

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One of Ethereum’s First Whales is Funneling Millions in ETH to Bitfinex

An unknown investor transferred around 20,000 ETH to Bitfinex, worth around $5.5 million at the time of this posting. This transaction was first spotted by an attorney Zoe Dolan, who has been supervising wallets holding funds that originated in the Ethereum Genesis block for evidence of ’’capitulation’’. And even though the 20,000 ETH is just a sliver of the wallet’s…

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What You Should Know About Smart Contatcs

There isn’t a place in the blockchain world where there isn’t any talk of the blockchain technology itself and smart contacts. Blockchain represents a certain form of a secure, distributed ledger of transactions. In a distributed ledger, there should be lots of copies of the secured information that are synchronized and distributed geographically, as to provide redundancy and transparency. The…

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ICO Daily News: Clampdown of China Resumes

Clampdown of China Resumes The government of China started another wave of a clampdown on cryptocurrency investors. The clampdown is mainly focused on China’s internet giants Baidu, Alibaba and Tencent (commonly referred to together as BAT). The China’s Google – Baidu, allegedly has a restricted number of crypto chat rooms, like ’’Digital Currency Bar’’ and ’’Virtual Currency Bar’’, explaining:  ’’This…

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The Fluctuation Of Cryptocurrency Prices Are Killing ICO-Funded Blockchain Startups

The Ethereum price has plummeted to over 60% over the period of just last three months. This has directly affected every ETH-denominated token sale immensely. The ever-changing nature is an important element of the crypto world. And even though the majority of ICOs that were launched in 2017 had their price increased, 2018 is completely the opposite. With the uncertain…

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Overstock’s tZero Raises $134 Million In ICO’s blockchain subsidiary, tZero, raised $134 million in an ICO. Tzero was released in 2015 and represents an alternative trading system for securities. Another announcement was issued in last few days that a Chinese private equity company GSR Capital, is investing $270 million in tZero. $104 million in stock is included in the deal, as well as $30 million…

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