The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches Coinall

The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches Coinall

In this week’s daily editions of Bitcoin in Brief we reported about Coinbase increasing trading limits, Shapeshift acquiring Bitfract, Okex launching a white label platform called Coinall, and much more. The most commented-on article during the week covered the ‘Rich Dad, Poor Dad’ author, Robert Kiyosaki, which came out in favor of cryptocurrencies.

Also Read: Opera Browser Opens Its Built-in Cryptocurrency Wallet to Desktop Users

New Education Centers

The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches CoinallA number of new academic education centers around the world devoted to the research of the technology behind cryptocurrency were featured on Monday. China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS), a financial advisory services provider, has reached an agreement with Tsinghua University to establish an “Industry Trusted Blockchain Application Technology Joint Research Center”. The Istanbul Blockchain and Innovation Center was inaugurated at Bahçeşehir University. And Seven Stars Cloud Group, Inc. (NASDAQ: SSC), the fintech firm of Chinese media tycoon Bruno Wu, has announced that it will be establishing its global headquarters for technology and innovation, called Chain Valley, in Connecticut, transforming a Uconn campus into a center for research.

Robinhood Crypto Expands Service

On Tuesday, we reported that Robinhood, the US stocks app, has added another two states where cryptocurrency trading is now supported for its clients, Iowa and Georgia. The app also now supports Ethereum Classic (ETC), in addition to its previous offering of BTC, BCH, ETH, LTC and Doge. In total, Robinhood Crypto is now available in 19 US states. Additional stories included a Chinese user of Okcoin who is suing the exchange over his missing bitcoin cash following last year’s fork and a cybersecurity research that found trading venues experienced a massive surge of user data leaks.

Coinbase Increases Trading Limits

The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches CoinallThe main story on Wednesday covered a few new developments at Coinbase. Users are now able to buy digital coins right after they deposit funds from their bank account, cutting down a process that took days of waiting before. The company also announced an increase of the daily trading limits for US users, and for verified customers, the maximum allowable purchase will jump from $25,000 weekly to $25,000 per day. The exchange also noted that once the funds are transferred, there are no longer any limits to how much users can buy or sell at a time. The exchange also informed its clients of the completion of its final testing for the addition of ethereum classic (ETC).

Shapeshift Acquires Bitfract

A couple of investments by established crypto companies made headlines on Thursday. Shapeshift completed the acquisition of Bitfract, a software firm which recently developed a service that allows users to swap from one cryptocurrency to many in an instant. Following the sale, the tool will be maintained and continue to operate, and the functionality that the platform provides (multiple output transactions) will be incorporated into Shapeshift’s core platform. Bitmain made a $3 million seed investment in Tribeos – a digital advertising platform built on Bitcoin Cash (BCH), utilizing smart contracts to fight ad fraud.

Okex Launches White Label Platform

The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches CoinallOn Friday, we reported that Okex launched a new platform called Coinall, a white label solution which is part of its Open Partnership program that started a couple of months ago. Participants in the Open Partnership program will now be able to take advantage of a variety of services offered by the exchange, including its clearing system, cold and hot storage, applicable anti-money laundering (AML) and know your customer (KYC) procedures. Developers also claim that it is an autonomous, community-run crypto-trading platform.

Crypto Expected at 5% of US Investments

A study that found that digital coins are becoming a permanent part of many investment portfolios was featured on Saturday. The Harris Poll survey, conducted on behalf of the American Institute of CPAs (AICPA), has established that cryptocurrencies will represent 5 percent of the investments of those 35 percent of Americans that consider themselves investors or plan to invest in 2019. At the same time, the study found that “cryptocurrency appears to be foreign to many investors. According to the survey, nearly half of U.S. adults (48 percent) are not familiar with Bitcoin, Ethereum, or Litecoin.”

Rich Crypto Dad, Poor Fiat Dad

The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches CoinallThe most commented-on article during the week covered the author of the best-selling book ‘Rich Dad, Poor Dad’, Robert Kiyosaki, which has spoken in favor of cryptocurrencies during a recent podcast. Mr. Kiyosaki described the fiat US Dollar as a government “scam” and predicted that precious metals and cryptocurrencies will outlast fiat currencies as the people’s money. Join the discussion.

This Week in Bitcoin Podcast

Catch the rest of this week’s news in the This Week in Bitcoin podcast with host Matt Aaron.

What other stories in the Bitcoin world caught your attention this week? Share your thoughts in the comments section below.

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South Korean Government to Promote Blockchain Training as Part of ‘4th Industrial Revolution’

South Korea’s Ministry of Science and ICT will promote the training of blockchain technology as part of an effort to prepare young people for what it calls the “Fourth Industrial Revolution.” Blockchain technology is included in courses that have recently been announced by the Ministry of Science and ICT. The Ministry of Science and ICT

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Op-Ed: A Beginner’s Guide to the Economics behind Security Token Offerings

The problem is not with the vehicle, the problem lies in the gold-rush mentality. When everybody starts mining for gold, the percentage of people who strike gold falls naturally. This is Economics 101. Economics 101 Scarce resources do better in terms of valuations than abundant resources. Take water, for example, it is an abundant resource … Continued

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London School of Economics Launches “Cryptocurrency Investment and Disruption” Course

London School of Economics Launches “Cryptocurrency Investment and Disruption” Course

The London School of Economics, one of the leading academic institutions for higher learning in the world, is the latest university to offer a course on cryptocurrency. For just £1,800, and about sixty hours of learning, you too can be a certified crypto academic.

Also Read: The Pirate Bay Is Again Using Users’ CPUs to Mine Crypto

Certified Crypto Course

London School of Economics Launches “Cryptocurrency Investment and Disruption” CourseThe London School of Economics and Political Science (LSE) has launched a new online certificate course titled “Cryptocurrency Investment and Disruption” headed by Dr Carsten Sørensen, Associate Professor of Information Systems and Innovation. LSE has thus joined the growing list of top notch institutions offering crypto classes such as Cambridge, NYUNorthwestern, Stanford, Wharton and Georgetown, as well as others.

The new LSE crypto educational option seems to be quite accessible as there are no prerequisites for the course and its cost is also not unreasonable at just £1,800. It starts on 14 August 2018, and will take six weeks to complete (excluding orientation) with an estimated commitment of about seven to ten hours per week. This course is also certified by the United Kingdom CPD Certification Service, if that is relevant for you.

“Understand the Causes of Things”

London School of Economics Launches “Cryptocurrency Investment and Disruption” CourseExplaining the rational behind the course, the institution states that, “For over one hundred years, LSE’s motto has been to ‘understand the causes of things’. This online certificate course pairs practical cryptoasset knowledge with the theoretical thought leadership for which LSE is renowned.” In practice, the classes listed seem to offer rather practical investment skills, like how to interact with cryptocurrency exchanges, how to use wallets, and how to evaluate the analytics of an ICO (Initial Coin Offering).

In a more broad perspective, students will also explore how cryptocurrencies will shape the future of money, markets and industries. And the course is meant to provide the information, knowledge and frameworks of blockchain technologies and cryptocurrencies – needed to understand how they operate and the implications for business and the economy. And just to be on the safe side, the institution adds that, “You will not be given cryptocurrency investing advice, or investment or financial advice of any nature.”

Are you interested in attending an academic cryptocurrency course? Share your thoughts in the comments section below. 


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Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

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Control of Highly Demanded Crypto Classes May Spark Turf War at Universities

Control of Highly Demanded Crypto Classes May Spark Turf War at Universities

Can only a law professor teach about smart contracts? Universities have faced several challenges with adding crypto classes to their curriculum such as a scarcity of knowledgeable lecturers and an ecosystem that develops much faster than they can reprint books. Now they also have to worry about different departments bickering over control of the multifaceted subject.

Also Read: You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport

Academic Tug of War Over Crypto Classes

Control of Highly Demanded Crypto Classes May Spark Turf War at UniversitiesBitcoin, cryptocurrency and blockchain classes are all the rage at academic institutions around the world, from Chicago to Brazil and even North Korea. In fact, they are now in such high demand that academics fear they might lead to a turf war between computer science, economics, law, accounting, finance departments and business schools.

Garrick Hileman, who lectured about cryptocurrencies as part of a master of finance course at the University of Cambridge, told the Financial Times that: “It wouldn’t surprise me to see some turf wars break out over who owns the blockchain curriculum at business schools.”

David Yermack, professor of finance at New York University Stern School of Business, started teaching about Bitcoin to MBA students back in 2014. He explains that: “It’s interdisciplinary. The computer science and finance industries have merged and this needs to happen in universities too. But universities are bureaucratic — it will be political and take time.”

Demand From Students, Finance and Tech Companies

Control of Highly Demanded Crypto Classes May Spark Turf War at UniversitiesThe reasons for the strong demand for blockchain courses include of course the great price rally of 2017, but also the new avenues opened up by smart contracts and ICOs. “The increase in value in the cryptos played a large part in the increase in public interest,” explained Jens Martin, a director at University of Amsterdam Business School. “However, we feel that the finance industry is very interested in the technology itself and the possibilities it offers. We see many applications not only from people with a banking background, but a more diverse group who are interested in applying these concepts to finance.”

Robert Wardrop, director of the Cambridge Centre for Alternative Finance at the Judge Business School, said that demand for teaching crypto skills is mainly coming from tech companies such as Amazon, Google and Microsoft. “The core focus of interest is growing from non-financial firms.” These “are essential to related projects that these businesses are working on. Understanding issues like asset tokenisation is quite fundamental . . . in terms of your business model but also to your capital raising,” he added.

Should Bitcoin classes be part of computer science or finance programs? Share your thoughts in the comments section below. 


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Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

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IBM Launches a Free Blockchain Program for Students in India

The rise of blockchain technology is fueling demand in relevant skill sets, with institutes and countries around the world launching educational initiatives. The latest to introduce such a program is the Indian state of Tamil Nadu. In collaboration with American technology giant IBM, India’s National Programme on Technology Enhanced Learning (NPTEL) launched a 12-week online … Continued

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What’s Next for Cryptocurrency? Distribution of Power

On this third and final piece about different cryptocurrency purposes and the role education plays in regulation, I aim to discuss why the concentration of power among cryptocurrency holders will dictate how bitcoin gets adopted. My expectation is that whatever I write makes you think on how could power be better distributed. Hopefully,  I’ve saved … Continued

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Stanford, Wharton and Georgetown Expand Bitcoin Business Classes

Stanford, Wharton and Georgetown Expand Bitcoin Business Classes

2018 is shaping up to be the year of bitcoin in academia as more and more institutes for higher education enter the field. The latest example comes from a number of top ranked business schools in the US that are expanding their offering due to student demands.

Also Read: Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Competitive Advantage

Stanford, Wharton and Georgetown Expand Bitcoin Business ClassesStanford University’s Graduate School of Business will offer a full-time cryptocurrency course beginning this May. The new class came about following a coordinated campaign by MBA students who see the innovative concept as vital for their future careers. “Many of us will have to discuss blockchain at our jobs. It makes sense to teach it,” explained second-year student Itamar Orr. “It gets you a competitive advantage; it’s an extra hammer in your toolbox.”

A group of students petitioned the school’s leadership to add the full-time class as before it only covered the field on a pop-up basis. Once Stanford opened the class to registration the wider demand was confirmed as it was closed with over fifty candidates on the waiting list.

Susan Athey, the technology professor who will teach the new class, commented to CNBC: “The fluctuations in the prices have everyone mesmerized: Just how did this happen? Many people have gone boom or bust and that’s, of course, exciting, attracts a lot of interest and motivates people to understand what’s going on.”

Critical Mass Achieved

Stanford, Wharton and Georgetown Expand Bitcoin Business ClassesThe Wharton School at the University of Pennsylvania will also offer a cryptocurrency class this fall for the first time. Professor Kevin Werbach said: “We’re at the point where there’s a critical mass to teach this domain. There will be a real phenomenon in business for the foreseeable future, and five years down the road there won’t be too many major business schools that don’t offer similar classes.”

It’s not just students that are asking for more classes but industry as well. John Jacobs, executive director of Georgetown University’s McDonough School of Business, revealed he is “constantly” getting calls from Wall Street and consulting firms’ recruiters saying, “You need to train them. We need people to understand how to apply blockchain technology.” He added that: “Any world-class program is going to have to equip students in this field to compete. It’s everywhere we turn around.”

As we previously reported, other universities located in financial centers are such as Chicago and New York, have also recently begun responding to students’ demands for bitcoin education.

Would you attend a university course to teach you about bitcoin? Share your thoughts in the comments section below. 


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Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

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Top Business Schools Add Bitcoin Classes, Expand Cryptocurrency MBA Course Offerings

Top-ranked business schools have hopped on the bitcoin bandwagon by expanding their course offerings on cryptocurrencies and blockchain. The move to offer more crypto-related MBA classes was fueled by growing demand from students, as well as from corporate recruiters, especially those in venture capital. Kevin Werbach, a professor at the Wharton School of the University … Continued

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Bitcoin Classes Are All the Rage for University Students in Chicago

Bitcoin Classes Are All the Rage for University Students in Chicago, Illinois

Hosting the CME, the Cboe and many investment funds, Chicago is an American and global financial trading powerhouse. As such it should come as no surprise that students in the region are clamoring to learn about a major part of the economy of the future, bitcoin.

Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Bitcoin Education

Bitcoin Classes Are All the Rage for University Students in Chicago, IllinoisFinance, business and computer science students in Illinois are demanding to learn more about bitcoin and the technology that powers it – and university professors are showing they are up for the challenge.

While in the recent past discussions about bitcoin were left to the end of the semester as a fun afterthought, learning about cryptocurrency is today an integral part of finance studies. “My students are starting the class thinking about it now,” DePaul University assistant professor Lamont Black told the Chicago Tribune.

Illinois Institute of Technology is set to offer its first class on blockchain this summer. University of Illinois at Chicago professor Gib Bassett, head of the finance department, will teach about bitcoin in his Chicago Exchanges MBA course this month for the first time in a decade due to students’ demands. “They want to hear about bitcoin. Their parents have told them it’s a tulip bubble,” he said, referring to the tulip bulb market in 1600s Holland that bloomed dramatically, then crashed. “It’s crazy, it’s ridiculous, and their friends who invested three years ago are millionaires…There’s clearly a generational component to this.”

Don’t Fall Behind

Bitcoin Classes Are All the Rage for University Students in Chicago, Illinois“It’s not so much about being ahead; it’s making sure that you’re not going to be behind,” said Sarit Markovich, an associate professor at Northwestern University’s Kellogg School of Management. She began discussing bitcoin in class five years ago but back then, “It was hard for me to fill up the course,” Markovich said. “Students were interested in typical traditional banking. They were like, ‘We don’t want to hear about that. … Tell us about mergers and acquisitions.’” In 2017 this changed drastically as over 50% of students became eager to learn about cryptocurrency. Now she has approval to create a new class focused on the subject for MBA students.

Andrew Miller, an assistant professor of electrical and computer engineering at University of Illinois at Urbana-Champaign, is preparing to teach a class on smart contracts and says interest is surging. Enrollment was very fast as students see it as an opportunity to enter the financial technology development world. “A whole lot more seems possible,” he said.

Are you considering taking any bitcoin classes at university level? Share your thoughts in the comments section below!


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Do you like to research and read about Bitcoin technology? Check out Bitcoin.com’s Wiki page for an in-depth look at Bitcoin’s innovative technology and interesting history.

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Australian University Launches Nation’s First Open Blockchain Course

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Australian public research university RMIT is launching the country’s first dedicated online short course on blockchain technology, the underlying innovation behind cryptocurrencies like bitcoin. The emergence of blockchain as a disruptive, game-changing technology has spurred Melbourne-based RMIT University to offer Australia’s first online course on the sector. The 8-week program, titled ‘Developing Blockchain Strategy’, will

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Ellen DeGeneres Is ‘Down With’ Bitcoin

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If there was any doubt that bitcoin is making its way into the mainstream, Ellen DeGeneres has just dispelled those myths. Telling her audience that she’s ‘down with’ bitcoin, Ellen used her comedic talent to describe bitcoin by comparing the top cryptocurrency to a goat and even talking BTC price. She used her ability to communicate … Continued

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‘Humans Die. Cryptocurrencies Don’t’: Why You Should Begin Planning Your Estate Immediately

The post ‘Humans Die. Cryptocurrencies Don’t’: Why You Should Begin Planning Your Estate Immediately appeared first on CCN

Five years ago, 26-year-old Matthew Moody was killed as the result of a tragic plane crash in California. Moody, a prolific Bitcoin miner, left behind what is likely a small fortune. “My son was actually one of the earliest people to mine it,” said his father, Michael Moody, in a Bloomberg interview detailing the family’s … Continued

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There Has Been An Awakening. Have You Felt It? [Part 3]

The post There Has Been An Awakening. Have You Felt It? [Part 3] appeared first on CCN

This is the first opinion piece in a four-part series that explores the advent of bitcoin as a store of value and the implications of valuing the cryptocurrency in fiat. Read the first part here and the second here. Fees: The Third Bottleneck Just like price, transaction fees can very easily scare away people from entering … Continued

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Australian High School to Host ‘Educational Presentation’ on Cryptocurrencies

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The soaring interest in cryptocurrencies like bitcoin in the mainstream has compelled one high school in Australia to reportedly host an information night on cryptocurrencies. In an email sent to students’ parents, Brisbane-based St. Laurence’s College said it intends to hold an “educational presentation” on cryptocurrencies after being made aware of senior students purchasing and … Continued

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