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Crypto exchange Binance to back decentralized bank in Malta. Binance, a large cryptocurrency exchange, is reportedly among a number of investors backing a decentralized bank to be launched in Malta, according to CoinDesk. The exchange had confirmed it has acquired a 5 percent stake in the so-called Founders Bank at a EUR 133 million pre-investment valuation, CoinDesk has cited Bloomberg. Founders Bank will have systems based on blockchain technology and will partner with fundraising platform Neufund in an issuance of its own “legally-binding” equity tokens, according to Binance. However, in order to officially operate its business, the bank is hoping to obtain a license from the EU state’s government. If approved, the bank might become the world’s “first decentralized and community-owned bank,” as per the report, with token investors effectively owning the bank. Binance, which was founded in Hong Kong in July 2017, revealed in March 2018 that it planned to set up an office and fiat-to-cryptocurrency exchange in Malta. In June 2018, Binance further announced it is backing a program by the Malta Stock Exchange to support fintech startups and entrepreneurs. #bitcoin #monero #ripple #bitcoincash #crypto #money #coinbase #binance #cryptocurrency #bitmain #blockchain #wtc #EOS #ICO #altcoin #altcoins #ethereum #blockchain #freedom #litecoin #cryptocurrencysharks #elite #follow #industry #stellar #malta #worldcup #france #russia2018 #billions #millions

Announced on Thursday, the five-year, AUD $1 billion (~USD $740 million) contract is Australia’s latest attempt to make good on its goal to become one of the world’s “top-three digital governments” by 2025 by investing in research into blockchain technology, as well quantum computing and artificial intelligence. IBM already had agreements in place with four federal agencies, and this new contract — which was spearheaded by the Digital Transformation Agency (DTA) and runs through June 2023 — will extend the public-private partnership to the remainder of the government as well. IBM already had agreements in place with four federal agencies, and this new contract — which was spearheaded by the Digital Transformation Agency (DTA) and runs through June 2023 — will extend the public-private partnership to the remainder of the government as well. The role of this particular contract will be to develop blockchain and other digital technology initiatives for the government of Australia. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Another win for IBM, are they going to be Microsoft at blockchain development? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖ #segwit #segwit2x #bitcoincash #eth #btc #cryptocurrency #ico #ai #smartcontracts #initialcoinoffering #ethereum #ether #bitcoin #altcoin #litecoin #cryptonaire #sharecrypto #blockchain #coinbase #steemit #monero #bitcoins #cryptocurrencies #cryptocurrencynews

US House of Representatives Hosts "The Future of Money: Digital Currency" Hearing on Capitol Hill Lawmakers from the Financial Services Committee are hosting the event this Wednesday (Jul 18th) after several hearings on money laundering and enhanced-privacy coins. Despite some concerns surrounding crypto, Congress released a report praising cryptocurrency. An excerpt reads: “Some critics of currencies controlled by government fiat welcome cryptocurrencies because their supply is preprogrammed and perceived as unchangeable. For example, only 21 million bitcoins will ever be issued and the last fraction of a bitcoin will be issued in approximately 2140. Additionally, the creator of Ethereum designed its mining reward to decline exponentially as more miners create blocks, and according to his calculations the supply will be just over 100 million ether… Cryptocurrencies and ICOs create headlines, and the pace of financial innovation in the blockchain space amazes skeptics. Yet, with all the headlines focusing on the financial applications, people may miss the digital revolution now happening with other blockchain applications. Even worse, people could be frightened about new developments with the technology as they associate blockchains with the negative headlines. Blockchain technology offers a decentralized, secure, and efficient way to store almost any form of data across multiple platforms.” Do you think this is a good or a bad sign? Let us know in the comments. #cryptonews #cryptocurrency

#NEO NEO is still following a falling wedge that is slowly pushing the price down since January 2018. Many top cryptocurrencies are approaching the end of important chart patterns and this leads traders to believe that there will be a strong market action, with an increase of the volatility in the last part of 2018. In my opinion, the best strategy to follow is to buy at the bottom of any important chart pattern. So NEO, at the moment, is not a good opportunity. The price is at $33.50 and the bottom of the wedge is around $25. #bitcoin #ethereum #ripple #xrp #bitcoincash #eos #litecoin #stellar #lumen #cardano #ada #iota #tether #binance #money #cryptocurrency #cryptocurrencies #altcoin #altcoins #trading #steem #steemit #forex #neousd #usd #investment #finance

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Excuse = bullshitting yourself.

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