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Crunch Report | CNN shuts down Casey Neistat’s Beme

Robinhood is going to let you buy and sell crypto soon, CNN shuts down Casey Neistat’s Beme and Sotheby’s acquires Thread Genius. All this on Crunch Report. Read More

Crunch Report | South Korea Announces New Cryptocurrency Regulations

South Korea announces new cryptocurrency regulations coinciding with the drop in bitcoin prices, YouTube gets pulled from Fire TV and SoftBank will now own about 15 percent of Uber. All this on Crunch Report. Read More

Floyd 'Crypto' Mayweather is totally into cryptocurrencies

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Floyd Mayweather — the same one that’s fighting Conor McGregor on Aug. 26 — is serious about cryptocurrencies. 

The boxing champ is promoting an ICO (Initial Coin Offering) of a startup called Hubii. In an Instagram post, which shows him posing in a (probably very expensive) suit, he described Hubii as “smart contract for sports.” He also wrote we can now start calling him Floyd “Crypto” Mayweather (his standard nickname is “Money”). 

This is the second ICO Mayweather is promoting. In July, he hyped up the ICO of a prediction market platform Stox, which went on to raise $33 million in Ethereum in less than two days.  Read more…

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This ethereum-based project could change how we think about digital art

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Someone owns this picture.

Image: Cryptopunk

No, not the copyright to the picture. They own the picture itself. You can, of course, download a version, but that’s just a copy. Someone owns the original. It is art, and it has an owner.

What does that mean in the digital age? That’s what the guys at Larva Labs want to find out.

The image above is just one of 10,000 pieces of art released last week as part of an experiment called CryptoPunks. What makes this project unique is that each image is tied to a piece of computer code on the blockchain-based Ethereum platform. That means the owner of each piece of art is clear—and that ownership can be transferred.  Read more…

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