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Bitcoin and cryptocurrency round-up 1 May 2018

Posted: 1 May 2018 5:28 pm
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What's happening in cryptocurrency?

The blockchain solution insurance needs, a simple guide to Ethereum vs EOS, ASIC ICO crackdown, blockchain opiate tracking and Ethereum price analysis.

1. "Back in my day..."

"Back in my day we had to process batched payments by insurance brokers on behalf of their clients, including every single time someone requested a quote, paid their premiums or renewed a policy. And we did it all by hand. None of those fancy blockchain universal source of truth things the younger generation takes for granted."

"Psh, whatever gramps," said the young upstart to the grizzled old insurance administrator.

2. Spot the difference

Two smart contract-focused platforms – EOS and Ethereum – might look similar from the outside, but the more similar two things are the more important their differences become.

3. Australian consumer law rule number one: Don't be a jerk

Some ICOs are apparently having trouble with the cardinal rule of Australian consumer law.

And ASIC isn't happy.

4. A catastrophic opioid epidemic... on the blockchain!

Is there anything distributed ledger technology can't do?

Yes. Solve America's opioid epidemic.

5. Ethereum price analysis: Walk it off edition

Ethereum's prices have been looking rather healthy over the last month, despite running into some trouble lately.

But it's probably nothing, right? Shake it off, Eth, you'll be alright. Probably.

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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