Money and Democracy: How the Elite Manipulated Ledgers and Created a Social Ranking System

[ad_1] Money is one of the most important but least understood manmade tools in existence. For more than 5,000 years humans have used a tool of exchange called money to facilitate trade. During this timespan, the evolution of money has evolved into a system of information, a social contract, and a ranking system. Also Read: IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users Introducing the General Ledger The evolution

Iran Finalizes Electricity Tariff Scheme For Cryptocurrency Miners

[ad_1] Based on a recent report, the Iranian Economic Commission has finalized an electricity tariff scheme for cryptocurrency miners. According to an announcement made by Iran’s Energy Minister Homayoon Ha’Keri, although the tariff scheme has been finalized, and it is awaiting approval from the Cabinet of Iran. The cabinet consists of various ministers as well as other officials carefully selected by the president himself. Although the head of Iran Electrical

Blockchain Project Aims to Apportion and Tokenize the Moon

[ad_1] A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface. Dubbed Diana — after the Roman goddess of the hunt and the moon — the project launched on July 19, just one day before the 50th anniversary of the Apollo moon landing. The goal of this project is purportedly to “secure the possible right of man to the Moon to propose

Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners

[ad_1] The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune. Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, it is awaiting approval from the Cabinet of Iran — a governmental body consisting of various ministers and other officials chosen by the president. While Ha’eri did not elaborate on

Number of Crypto Notables on Buffett Lunch Guest List Grows

[ad_1] Justin Sun, the founder of Tron and winner of the annual auction for a lunch with renowned investor Warren Buffett, has invited more notable figures from the crypto industry to attend. Earlier today, July 21, Sun invited the founder and CEO of trading platform eToro, Yoni Assia, to the lunch with the chairman and CEO of Berkshire Hathaway via tweet. Assia quickly responded saying, “Justin, it is my honor to

Bank of America Has Filed For a Ripple Related Blockchain Patent

[ad_1] According to a recent report, the Bank of America has filed for a patent for a settlement system citing the Ripple ledger. Going by the file uploaded, the patent in question describes a system using distributed ledger technology (DLT) as an interbank communication tool. The file was published on July 6, 2019. According to the patent filed, the proposed system is going to enable real-time settlement and transactions will

Libra Won’t Launch Until Regulators Are Satisfied

[ad_1] Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied. Speaking to Reuters at the G7 summit in Chantilly, France on July 18, Coeure said that the proposed stablecoin must be guaranteed to be safe for users before it can launch:“You’ve got to be safe, robust and resilient from day one. It’s not a learning process: either

Bakkt Set to Commence User Testing For Bitcoin Futures on July 22

[ad_1] Bakkt, a subsidiary of the Intercontinental Exchange (ICE), based in Atlanta U.S, is going to start accepting testing for its Bitcoin futures starting tomorrow, July 22, 2019. Adam White, the Chief Operating Officer at Bakkt revealed in a recent blog post that the company’s Bitcoin futures will be listed and traded on ICE Futures U.S. and cleared at ICE Clear U.S. The Digital Asset Markets is in Need of Better

Libra Special! Top Stories, Price Movements, Quotes and FUDs of the Week

[ad_1] Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekLibra hearings: Hostility and criticism as Congress grills Facebook executiveA godsend to drug dealers. More dangerous than 9/11. A global economic threat. Congress was given

Bank of America Files Patent for Settlement System Citing Ripple

[ad_1] Bank of America has filed for a patent for a settlement system citing the Ripple ledger, according to a filing on Google Patents.The patent in question — the application of which was published on June 6 — describes a system using distributed ledger technology (DLT) as an interbank communication tool. The proposed system would enable real-time settlement with transactions being communicated through a shared, decentralized ledger to which both