Never Give Up On Your Internet Business

DSCF9585Does fear of failure keep you from starting exploring new ventures?
Have you ever asked yourself, why online success comes easily to other people, but seems to be eluding you all the time?
Have schemers driven you to the point of giving up?

My advice is short, sweet and to the point: You need to know that, it’s always too soon to quit! Remember quitters never succeed.

Successful people hang in there, they get back up when they fall and try again. You see, your friends who have become Online Success Stories didn’t throw in the towel and quit when the going got tougher, NO, No , No! They knew what they wanted in life and they wanted it badly enough to persevere through the desert, and what happened: They got to the other end. They paid the price and achieved their Online business dream. You CAN too ,only if you don’t quit on yourself and your internet venture.

Remember: It’s always too soon to give up. In other words, Never Give Up until you get the results that you after.
All the best!

Howard Mahere

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A Positive approach is a prerequisite for success

In the course of operating their businessess entrepreneurs meet challenging situations on a daily basis.  However, its how they react that determines their altitude.  It is very important for the business owner to know the value of challenges.  That challenges are meant to make us strong, many of the great achievers we see today turned obstacles into stepping stones and in the end became successful beyond measure.

Today, I have decided to share a story which I am sure will help to make us appreciate the role of obstacles in our different situations .  Lets learn to welcome challenges for our own growth.

Positive Approach

By: Author Unknown

A little girl walked daily to and from school.  Though the weather that morning was questionable and clouds were forming, she made her daily trip to school.  As the afternoon progressed, the winds whipped up, along with thunder and lighting.

The mother of the little girl felt concerned that her daughter would be frightened as she walked home from school, and she herself feared that the electrical storm might harm her child.

Following the roar of thunder, lightning, through the sky and full of concern, the mother quickly got in her car and drove along the route to her child’s school.

As she did so, she saw her little girl walking along, but at each flash of lightning, the child would stop, look up and smile.  Another and another were to follow quickly, each with the little girl stopping, looking up and smiling.

Finally, the mother called over to her child and asked, “What are you doing?”

The child answered, smiling, “God just keeps taking pictures of me”.

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Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See Green


Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See Green

Wednesday, July 18: crypto markets are continuing to climb fast, with 98 out of the 100 top cryptocurrencies by market cap in the green over the past 24 hours, according to data from Coinmarketcap.

Market visualization

Market visualization from Coin360

Bitcoin (BTC) has grown by $1,000 in just a couple of days, inching firmly to the $7,500 point after having reached an intraday high of $7,542. The top cryptocurrency is trading at around $7,429 at press time, up about 10 percent over a 24 hour period and having gained around 15 percent over the past month, reaching monthly highs.

Bitcoin price chart

Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) is still hovering around $500, trading currently at around $492. The top altcoin is up almost 4.5 percent over the past 24 hours, with an intraday high of $526.

Ethereum price chart

Ethereum price chart. Source: Cointelegraph Ethereum Price Index

Total market cap has broken $296 billion for the first time since June 11, when Bitcoin was below $7,000. The markets have gained over $40 billion over the past 7 days, with total market cap at around $295 billion by press time.

Total market capitalization

Total market capitalization chart. Source: Coinmarketcap

Stellar (XLM) and Cardano (ADA) have seen some of the biggest gains over the past 24 hours, up around 30 and 21 percent respectively. XLM is trading at $0.30 at press time, up around 59 percent over the past week.

Earlier today, Cointelegraph reported that Stellar has become the first blockchain protocol to acquire a Sharia compliance certification in the money transfer and asset tokenization field.

Cardano is trading at around $0.18, up about 41.5 percent over the past seven days.

Last week, one of the most popular U.S. crypto exchanges Coinbase announced that it is exploring addition of a number of new altcoins, including Stellar and Cardano.

Earlier today, billionaire investor and Avenue Capital Group co-founder Marc Lasry, claimed that Bitcoin could reach as high as $40,000 due to the  coin becoming more “mainstream.” Lasry suggested that Bitcoin investors will be “making 5 to 10 times their money in 3 to 5 years.”

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Cryptocurrency News!





Max Yakubowski

China to Lead International Standardization Research Group for IoT, Blockchain Tech





William Suberg

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier



Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18.

Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin to rise, noting

“As it gets more into the mainstream, and as more markets end up allowing it to trade where it’s freely tradable, to me that’s more of the bet.”

Lasry added that he foresaw Bitcoin investors “making 5 to 10 times their money in 3 to 5 years.”

Lasry had previously expressed regret at not purchasing Bitcoin sooner, with reports this week alleging that he had since converted one percent of his net worth to the largest cryptocurrency.

Lasry added in the CNBC interview that the reason he likes Bitcoin is “because it’s the one everybody is going to come to.”

Lasry’s prediction came amid a rapid uptick in Bitcoin’s fortunes, with the coin suddenly rising up to 12 percent July 17 and maintaining new levels above $7,400 since.

Institutional investors have become a significant talking point in recent weeks regarding Bitcoin, with commentators eyeing movement towards the crypto sphere from the likes of investment giant BlackRock as a possible sign major new interest is on the way.

At $40,000, Lasry’s prediction is meanwhile conservative in nature compared to figures like those proposed by Tim Draper, whose 2022 Bitcoin price forecast is currently set at $250,000.

Controversial crypto personality John McAfee, infamously bullish, has meanwhile doubled down on Bitcoin hitting the $1 million price point hitting as soon as 2020.






Marie Huillet

Malwarebytes’ Cybercrime Q2 2018 Report: Cryptojacking is Plateauing in Response to Markets



Interest in cryptojacking is potentially waning among cybercriminals in response to lower cryptocurrency market valuations, according to a report from MalwareBytes Labs released July 17.

Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.

The data and analysis laid out in Malwarebytes Labs’ “Cybercrime Tactics and Techniques: Q2 2018” report shows that while cryptojacking remains popular, decreases in detections of the activity across the board suggest that the trend may be beginning to decline:

“We are not certain which [cybercrime] threat is going to take over as the top detection next quarter, but it’s unlikely to be cryptominers.”

The report proposes that the activity is receding from the cyberthreat landscape due to criminals’ disappointing revenue returns, adding that it expects cryptojacking to “stabilize” in correlation with market trends in cryptocurrency.

The recent decline is predominantly among consumer targets, with Windows cryptomining malware detections dropping in Q2, despite “rating highly on overall detections for the quarter.”

According to the report, after a massive spike at the end of Q1 2018, malicious Android cryptominers have also seen an abrupt decline, with a 16 percent drop in mobile miners from April to May. Despite this dip, there were still 244% more malware miner detections in Q2 than in Q1, and the report suggests the Android landscape in particular could potentially see a future increase.

The report claims that enterprises at present remain more vulnerable to cryptojacking. Data for cryptojacking targeting businesses has fluctuated “every month since the crypto craze began,” with each 2018 quarter showing “some form of spike in detections, the first being in January and the second in May.”

The report notes that cryptojacking strategies are nonetheless diversifying. While Coinhive-relatedactivity continues to be detected at high volumes, other in-browser programs such as ‘Cryptoloot’ are becoming more popular, and attackers are increasingly “leveraging open source web mining code and adapting it to their needs.”
Malwarebytes Labs’ suggestion that cryptojacking was at its highest in Q1 2018 is echoed by a recent report published by McAfee Labs, which showed a staggering 629 percent rise in the activity in Q1 2018 over the preceding quarter. McAfee focused specifically on so-called coin minermalware, which works by using the Coinhive code





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Incoming Goldman Sachs CEO David Solomon More Keen on Bitcoin Than Predecessor

Goldman Sachs CEO David Solomon

Goldman Sachs announced today that David Solomon will be the company’s new CEO, shortly before the quarterly earnings call. Lloyd C. Blankfein will be stepping down as CEO, who began his tenure in 2006 and led the company through the dicey recession of the late 2000s.

Notably, Mr. Solomon is not the usual investment banker and investors expect him to shake up business as usual, according to the New York Times. He works as a DJ (under the name D.J. D-sol) in his free time, specializing in electronic dance music.

Solomon has stated that Goldman must “evolve its business and adapt to the environment,” if it is to stay competitive. Mr. Blankfein, the exiting CEO, was criticized before being slow to adapt the business.

Goldman Sachs smashed expectations for quarterly revenues on the earnings announcement today. Profits increased by 40% in Q2 alone ($2.47 billion), according to CNBC.

Building on Goldman’s Enthusiasm for Cryptocurrency

As CCN reported in June, Solomon showed interest in bitcoin and other cryptocurrency investments. The exiting CEO Mr. Blankfein’s interest in cryptocurrency has warmed through his tenure. On June 21, he went on the record saying that it’s “arrogant” to think cryptocurrency won’t be successful.

Currently, Goldman Sachs backs companies in the crypto space, such as the Circle, a parent company behind several large exchanges and startups. Based on Solomon’s comments, however, it’s safe to assume that the firm’s bullishness toward crypto and its technology will stay strong.

It should be kept in mind that Goldman Sachs denied that Mr. Blankfein would be resigning. Prior to the June interview with then-COO Solomon, the firm had also denied that they were creating a cryptocurrency trading desk. But as CCN reported, the firm had been working on a trading desk. As part of their trading desks and futures contracts, the firm has pushed to receive regulatory acceptance for cryptocurrency.

So far, it’s clear that Goldman Sachs plays their cards close to their chest. The announcements, therefore, come somewhat as a surprise, so cryptocurrency investors should keep abreast of the firm’s work and investments.

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Wilma WooWILMA WOO | JUL 17, 2018 | 16:00

Litecoin (LTC) creator Charlie Lee has advised cryptocurrency investors to buy Bitcoin (BTC) before any other asset – including Litecoin.


In a tweet dated July 17, Lee, who continues to pour time into Litecoin development and partnerships despite selling his own holdings earlier this year, appeared to refer to his creation as a “shitcoin.”

“There will be at most 21 million bitcoins in existence. There isn’t even enough BTC to go around for EVERY millionaire to own one. So before you buy any other coin (LTC included), try to own at least 1 BTC first,” he wrote.

“Once you have 1 BTC, buy all the shitcoins you want!”

Charlie Lee [LTC⚡]


There will be at most 21 million bitcoins in existence. There isn’t even enough BTC to go around for EVERY millionaire to own one. So before you buy any other coin (LTC included), try to own at least 1 BTC first. 🥅

Once you have 1 BTC, buy all the shitcoins you want! 😂

Lee has frequently championed the potential behind Bitcoin and Litecoin in recent months, last week describing the two coins’ Lightning Network implementation as “the ultimate decentralized exchange.”


Other moves involving Litecoin specifically, including a partnership with TokenPay to acquire 9.9 percent of a German bank this week, have drawn criticism, with trader Tone Vays publicly implying that Lee partnered with a “scam” company purely for financial gain.

Lee nonetheless vigorously defended the latest Bitcoin plug in the face of comments from those surprised by an apparent snub of Litecoin by its own developer.

Responding to other Litecoin investors, however, Lee appeared to stop short of telling them to sell their holdings for Bitcoin.

“…Do sell your shitcoins for BTC and LTC,” he added.

Litecoin investors have failed to see much action this year as prices remain on a slow downward trajectory, passing below $80 for the first time since November in late June and hovering around those levels since.

Prospective investors appear unfazed by fiat value, meanwhile, with recent surveys of US and South African markets revealing consumers still regret not buying in.

What do you think about Charlie Lee’s investment advice? Let us know in the comments section!

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Japan: Major Finance Firm SBI Opens Its Crypto Exchange to Traders

Japan: Major Finance Firm SBI Opens Its Crypto Exchange to Traders

Japanese internet giant SBI Holdings formally launched the public version of its cryptocurrency exchange VCTRADE, according to an official announcement July 17.

The move came after several months of delays as SBI conformed with regulatory demands for tightened security.

“Account opening is available for individuals from 20 to 70 years old residing in Japan,” a brief notice confirmed, adding that “applications for setting up accounts from corporate customers are not currently accepted.”

SBI has become an active blockchain presence over the past year, being notable for its endorsement of payment network Ripple.

VCTRADE initially catered to the network’s XRP token when the company launched a private trialof the platform in June, going on to add support for Bitcoin Cash (BCH) a week before Bitcoinitself.

Having appeared to meet the stringent security prerequisites for the cryptocurrency exchanges serving the domestic market, SBI now has an advantage over other actors in an increasingly crowded arena.

The next twelve months should see additional platform debuts in Japan from Yahoo! among others, while U.S. exchange Coinbase is also attempting to corner the space.

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UK Set to Become a Blockchain and Crypto Economy Leader, New Report Says

UK Set to Become a Blockchain and Crypto Economy Leader, New Report Says

A new report states the UK has the potential to become a leader in blockchain technology and the crypto economy by 2022, The Guardian reported July 16.

The new report was conducted by the Big Innovation CentreDAG Global, and Deep Knowledge Analytics, all companies aimed to connect business, academic, and public agencies to provide insights on new innovative technologies. According to the group’s analysis, Britain has the governmental, technological, and industrial resources to become a leader in the crypto economic ecosystem  and a global hub for the development of blockchain technology within the next few years.

The report states that more than £500 million in investments were made into British blockchain companies in 2017-2018.  The study’s authors consider the blockchain industry to still be in the early stages of development globally, leaving open the potential for Britain’s leadership.

Birgitte Andersen, chief executive of the Big Innovation Centre, told the Guardian that the UK parliament sees promise in blockchain technology and “has shown commitment to support the accelerated development of the digital economy via a variety of government initiatives.”

Sean Kiernan, the chief executive of DAG Global, predicts that the gap between Britain’s traditional and crypto economies will “lessen and eventually disappear” within the next few years, adding:

“The UK is a major global financial hub and in recent years has become a fintech leader as well. At the same time, it is starting to demonstrate significant potential to become a leader in blockchain technologies and the crypto economy.”

This report is not the first one that predicts the global transformation of the crypto economy. A recent study conducted by the Imperial College London and U.K. trading platform eToro found that cryptocurrencies have the potential to become a mainstream means of payment in the near future, as Cointelegraph reported July 9.

Meanwhile, the UK is taking steps towards implementing blockchain-based technologies both in the public and private spheres. A group of professors from Oxford are looking to create the world’s first “blockchain university,” with the goal of democratizing the traditional structure of higher education, Cointelegraph reported June 14. Previously, the National Archives of the UK revealed that it was considering adopting blockchain tech to create immutable entries for digital records

UK governors and politicians have also been publically promoting blockchain technology recently. As Cointelegraph reported July 4, housing minister Eddie Hughes has called on the country’s leaders to make blockchain development for government a priority “to enable social freedom, to increase efficiency, and to rebuild societal trust.”

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Bitcoin Scams News

Cryptocurrency investor beware!

Latest News on Bitcoin Scams | Cointelegraph

A scam is a way to steal money from people under false pretenses. The main feature of a Bitcoin scam, compared with other ways of stealing money, is that it usually takes advantage of people’s trust and negligence. Currently, the cryptocurrency market is not regulated enough to protect people from scams, so that is why it is such a common thing among users of digital currencies. Since many people try to earn money by investing in new projects that are related to cryptocurrency, ICOs are one of the most popular ways to commit fraud. Besides that, some emerging cryptocoins use a financial pyramid system. In addition, to avoid scams, it is better to use a verified exchange or trading platform.

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Universities Racing to Provide Lectures on Crypto: Opportunities and Pitfalls

Universities Racing to Provide Lectures on Crypto: Opportunities and Pitfalls

Universities Racing to Provide Lectures on Crypto: Opportunities and Pitfalls

Knowledge is power, particularly in the Information Age, where an understanding of ‘the new’ can provide an edge over the competition. This is why, barely a year since crypto exploded into mainstream awareness — and long before it’s likely to enjoy blanket adoption — it’s already been the object of a growing number of university courses. While a minority of these have focused on the actual coding, computer science and cryptography lying behind cryptocurrencies, most others have sought to provide a detailed introduction to crypto, so that a more business-focused audience will have the basis for deciding whether — and to what extent — it should adopt Bitcoins and blockchains.

In other words, increasingly profit-oriented universities are seeking to capitalize on the crypto-rush by offering the public nontechnical courses on cryptocurrencies. However, even if many of them are simply teaching students how to conceptualize blockchains as opposed to how to actually code and create them, students are reporting considerable satisfaction with the teaching they’ve received so far. And despite not necessarily providing them with the ability to build decentralized apps and currencies for themselves, the knowledge they’ve received may be vital if crypto is to be adopted on a mass scale in the future.

The United States

For the most part, the teaching of crypto takes place in the context of business-related programs, with very few universities offering specific degrees in cryptocurrencies or blockchains themselves. In the U.S., a number of high-profile MBA (Master of Business Administration) programs have been or are adding cryptocurrency courses, enabling students to gain a grounding in crypto at the same time as learning about accounting, finance, entrepreneurship, and so on. This is the case with the following institutions:

  • Stanford Graduate School of Business
  • Haas School of Business, UC Berkeley
  • NYU’s Stern School of Business
  • Fuqua School of Business, Duke University
  • MIT Sloan School of Management
  • UCLA Anderson School of Management
  • Georgetown University’s McDonough School of Business
  • The Wharton School (University of Pennsylvania)

To take an example, NYU’s Stern School of Business offers MBA students an introductory course titled, “Digital Currency, Blockchains, and the Future of the Financial Services Industry.” According to the course’s own outline, it aims “to equip the students to better understand the law and business of blockchain technology, both in its initial application in the digital currency Bitcoin, as well as in the applications currently being explored for a wide variety of uses and functions.”

Since the teaching is centred around understanding the applications of blockchain tech, its lectures cover such topics as payment systems through history, how blockchains work, criminality and cryptocurrencies, and managing bank runs. There is no coding or computer science-aspect of the course, which is typical across the institutions listed above, with students instead being schooled in the basic principles of cryptocurrencies and the impact they’ll likely have on the financial sector.

Given that only three of the schools listed above were offering their courses when Cointelegraph published a similar article on blockchains and universities roughly a year ago, their expansion signals that cryptocurrency courses are enjoying a steady growth. And what’s interesting about such growth is that it’s being driven, to a large extent, by the students themselves, who in some cases are pushing their universities to include modules, courses and lectures on crypto in their programs.

For instance, second-year MBA student Itamar Orr said in April that Stanford’s inclusion of its cryptocurrency course was in part the result of pressure heaped on the Graduate School of Business by him and 12 other students, who wrote a joint letter to the school demanding the addition of a crypto-themed module.

“Many of us will have to discuss blockchain at our jobs. It makes sense to teach it. It gets you a competitive advantage; it’s an extra hammer in your toolbox.”

Similarly, universities and professors themselves recognize the growing public demand for crypto courses, a demand that’s been heightened by the price movements that cryptocurrencies have enjoyed in recent months. David Yermack, a professor at NYU’s Stern School of Business, reported in February that the first lecture theatre he used for his Bitcoin and Cryptocurrencies course had a maximum capacity of 180 people, but he had to move to a bigger theatre that accommodates 225 people, after interest exploded in the new year. Likewise, Dawn Song, a professor at UC Berkeley, reports telling her students, “This is a very precious opportunity for you to be able to sit in this class […] There are a bazillion other students who are waiting for your spot.”

The rest of the world: MOOCs and courses

The supply and demand for courses in crypto is perhaps highest in the U.S., but that’s not to say such courses aren’t available elsewhere. In fact, there are a number of places outside of America where students can gain full degrees or qualifications in a crypto-related field.

In Cyprus, the University of Nicosia has offered a MSc in Digital Currencies since 2014, when it also launched the first module of this program as a free MOOC (massive open online course). Available online and worldwide, the program includes lectures on banking, regulation, blockchain applications, financial markets and digital currency programming. Its coverage is therefore quite broad, with its overview stating that it’s “designed to prepare participants to become competent professionals in the field of digital currency.”

The University of Nicosia isn’t the only place in Europe students can obtain a master’s degree in cryptocurrencies. The Universidad de Alcalá in Spain is now offering a “Máster en Ethereum, Tecnología Blockchain y Cripto-Economía,” which promises “to provide comprehensive training in the field of blockchain technology, DAOs and smart contracts, including cryptocurrencies as a special and transversal case, from a triple perspective: technological, economic-financial and regulatory.” A similarly tripartite focus is also evident with the Expert Master in Blockchain and Cryptoeconomics organized by the Universidad Autónoma de Madrid. Running from this September to May, it’s “aimed at providing professionals with the basic tools related to blockchain in these three fields: technological, economic and legal.”

And while its degree is a postgraduate diploma rather than a master’s, the Universidad Europea Madrid is also attempting to tailor its crypto program specifically for professionals. ItsPostgraduate Diploma in Bitcoin and Blockchain begins in October and last for six months, at the end of which students “will be able to analyze in a critical way the technical and legal viability of solutions based on blockchain technologies and to develop integral projects related to cryptocurrency.”

Another vocational diploma is available from the Buenos Aires Institute of Technology, in Argentina. The Diploma in Cryptoeconomies: Blockchain, Smart Contracts and Cryptocurrenciesis again targeted at people “with very basic knowledge and who want to learn the reasons, mechanics and disruptive opportunities at a monetary, technological level and as a form of investment.” It lasts only for a couple of months starting July 11, underlining the fact that its priorities reside more with introducing students to blockchains and cryptocurrencies than with fully teaching them how to be an integral and productive part of the cryptocurrency industry itself.

Again, short courses that cater to professionals and terminate in a certificate or diploma are becoming increasingly common throughout the rest of the world. In February, the RMIT University in Australia launched an eight-week online course, Developing Blockchain Strategy, in which — for the price of around $1,200 — students will receive an “introduction to the blockchain basics,” will then “look at the scope of the wider blockchain industry,” and finally will be advised on how to “apply these learnings to [their] own business.”

Back in Europe, the Copenhagen Business School in Denmark has been running a one-week Blockchain Summer School since 2016, with this year’s edition due to take place in August, and to “focus on the application of blockchain technology for generating business and social value.”

In Russia, three institutions added crypto-related courses to their financial programs at the end of 2017: Moscow State University, the Saint Petersburg State University, and the Higher School of Economics. Meanwhile, a couple of technical universities (Moscow Institute of Physics and Technology, the National University of Science and Technology) are adding courses on how to develop cryptocurrencies, highlighting the ways some nations are aiming to teach students the means of building blockchains, rather than of just understanding them on a conceptual and financial level.

Education, or profiteering as well?

But while there appears to be no shortage of courses and degrees for those interested in crypto, it’s still an open question as to just how valuable such courses and degrees are. Do they enable students to become active in cryptocurrencies and to design blockchains for themselves, or do they simply provide a higher, more marketable class of general knowledge?

As the above summaries reveal, most of them are tailored toward business professionals, who are either interested in beefing up their CVs with a fashionable qualification, or who actually want to decide whether it’s worth integrating blockchains or cryptocurrencies into their businesses. Universities therefore increasingly seek to capitalize on such people, and — given that the knowledge they’re imparting is sometimes ‘basic’ — it’s arguable as to whether their underlying motive in offering crypto courses is partly profit-driven, rather than being guided solely by a belief in the wider social, economic and political value of what they’re teaching.

Of course, there has been no admission from any of the universities concerned that they’re simply looking to make money out of the crypto craze, although the increasing commercializationof universities in general would strengthen such a suspicion. For example, between 1988 and 2018, the average tuition fee for an American private nonprofit university — i.e., Harvard, NYU, Duke, Georgetown, etc. — rose from $15,160 to $34,740 per year in real terms, representing an increase of 129 percent. In England, yearly tuition fees went from £0 (in 1998) to the current £9,250 in 19 years, catalysing a change that has seen universities becoming more driven by targets and teaching ‘outcomes’ in a bid to attract more student numbers — or, rather more “customers,” as one anonymous academic put it. And such a process has been exacerbated by the financial crisis, which, in the U.S., U.K., and other nations, left universities with less public funding, and therefore more impetus to find revenue streams for themselves.

There is, then, reason to think that some universities are being drawn toward crypto partly by their increasing corporatization and commercialization, especially when the tuition fees for their crypto-courses range from $1,200 — for a mere eight weeks at the RMIT University — to €12,080— for 18 months of studying online with the University of Nicosia. However, even if this is the case, the students that Cointelegraph has talked to indicate considerable satisfaction with the teaching and instruction they’ve received.

Christelle Bure, a director at a South African consultancy firm, is taking the MSc at the University of Nicosia, and — despite being in the early stages of the program — already reports gaining helpful knowledge.

“The free MOOC (Module 1) was a wonderful intro to crypto and blockchains. It covered information on both a business and technical level. Obviously, it is an intro course, but the knowledge I received was incredibly useful and helped me conceptually understand the what, how and why of crypto and blockchains.”

Another student at Nicosia who has actually completed the program is cryptocurrency journalist Caleb Chen, who confirms that, aside from looking at money and the markets, the degree also involves cryptographic and coding elements. “The nine course degree program had two paths, one for those with a developer background and one for those without,” he explains. And although he chose the non-developer route, the program still delved into how to understand and use cryptography.

“As an example, every student did have to create and sign their own multi-sig testnet transactions with the instructor as the 3rd key in one of the classes, even in the non-developer course path. The program in general definitely focused on design of blockchains and cryptocurrencies more than how to engineer or code them — though I imagine that may have been covered in the developer course path.”

Education = Adoption

Such accounts show that, even if some crypto courses are more introductory than intensive, there are others that provide students with a thorough and varied schooling in cryptocurrencies and blockchains — one that will actually help them play an active, rather than passive, role in the crypto industry. Added to this, while their numbers are still small, there are certain courses that do focus specifically on the technical aspects of crypto, such as Cornell University’s Distributed Consensus and Blockchains, Cryptocurrencies and Smart Contracts, and Blockchains, Cryptocurrencies, and Smart Contracts courses, which are all available through its computer science department, rather than through its SC Johnson College of Business.

Another example comes from the Massachusetts Institute of Technology (MIT), which runsCryptocurrency Engineering & Design and Shared Public Ledgers courses as part of its Digital Currency Initiative. In Europe, the University of Edinburgh now runs a Blockchains and Distributed Ledgers course for undergraduates at its School of Informatics, while the Varna University of Management in Bulgaria is planning to include a blockchain module in its Software Engineering program in the 2018/19 academic year.

While it may take other universities some time to catch up with such offerings, the more general and introductory courses on crypto are still very valuable — and not just in a professional sense. As highlighted PwC’s Daniel Diemers in a recent interview:

Adoption of new technologies requires more education.”

This is why the healthy growth in general and introductory courses on blockchains and Bitcoin is a very welcome development, since, even if these courses don’t necessarily breed the next generation of crypto coders and developers, they will breed the next generation of people ready to adopt what these coders and developers produce.

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FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

Good news indeed….enjoy!

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reportstoday, July 16.

The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other things focus on whether the company should invest in Bitcoin futures, FN reports, citing “two people familiar with the matter.”

In general comments to FN, a spokeswoman from BlackRock said the company had been “looking at blockchain for several years” but did not mention cryptocurrency.

Experts will be examining competitor moves, the publication paraphrases sources as revealing, indicating Goldman’s U-turn on its previously bearish stance had not gone unnoticed.

Goldman Sachs CEO Lloyd Blankfein had repeatedly told the media that Bitcoin “is not for him,” before a sudden announcement that a dedicated research team was looking at how Goldman could provide a range of cryptocurrency-based products in the wake of customer demand.

BlackRock could well follow suit, despite its CEO Larry Fink describing Bitcoin just prior to last year’s all-time price highs as “an instrument people use for money laundering.”

In February of this year, the company had already stated cryptocurrency options were “under close review,” eyeing “wider” use in future.

BlackRock had just under $6.3 trln in assets under management as of 2017.

The broader narrative that institutional money is waiting its ideal entry point meanwhile continues to circulate among commentators. Over the weekend, CNBC’s trading advisor Ran Neuner even suggested a future influx would “make 2017” –– and its highs –– “look like a warm-up.” All that is needed, he said, is a modest price uptick.

Bitcoin jumped about 4 percent this morning in just over two hours, evidently on the bullish news from BlackRock, currently trading at $6,605 at press time.

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Billionaire Peter Thiel, Bitmain Lead Investment Round in EOS Creator

Peter Thiel

Billionaire Peter Thiel and bitcoin mining giant Bitmain are headliners in a star-studded investment round for, the creator of the EOS cryptocurrency.

Billionaires Headline Funding Round announced the conclusion of the funding round on Monday, but the firm did not reveal its size or at what valuation it was conducted.

In any case, the offering attracted a cadre of high-profile investors.

Thiel, a PayPal co-founder and hedge fund manager, is a bitcoin bull, though in public statements he has been less optimistic about the prospects of other cryptocurrencies.

Bitmain, the world’s largest producer of cryptocurrency mining hardware, is at least three times the combined size of its competitors, several of whom are themselves believed to be worth more than $1 billion.

Other investors included hedge fund billionaire Alan Howard, who first invested in cryptocurrencies earlier this year and has since made a “sizable” bet on the nascent sector, as well as Louis Bacon, founder of Moore Capital Management.

“As prepares to announce its future plans, we’re excited to welcome key strategic investors aligned with our values of creating a more secure and connected world,” said CEO Brendan Blumer, who was mum on what those “future plans” involve.

The funding round marked the second time that had raised capital through traditional avenues. A previous funding round attracted investments from Galaxy Digital founder Mike Novogratz, Apeiron Investment Group founder Christian Angermayer, and Lansdowne Investment Company.

$4 Billion EOS Creator Keeps Raising More Money

Source: Shutterstock

The decision to seek outside funding has raised eyebrows, given that raised more than $4 billion in the year-long EOS initial coin offering (ICO), making it the highest-grossing token sale to date.

EOS launched last month amidst much controversy, but the cryptocurrency has nevertheless managed to retain its position as the fifth-largest cryptocurrency. As of the time of writing, the asset had a circulating market cap of $7.1 billion. obtained 100 million of the 1 billion EOS tokens distributed in the cryptocurrency’s Genesis block, and these tokens are currently worth nearly $800 million.

However, all of those funds are denominated in cryptocurrency, and — particularly given the recent decline in trading volume — it’s likely difficult to convert them into fiat currency without placing severe downward pressure on the cryptocurrency market.

Moreover, Bloomberg reports that the ICO funds are earmarked to fund the development of a blockchain-based operating system, though public details on this venture are scant. has also allocated $1 billion toward a VC operation designed to support development on the EOS platform.

Bitmain Diversifies Ahead of IPO

Bitmain CEO Jihan Wu | Source: YouTube/CoinGeek

As CCN reported, Bitmain — likely the most valuable company in the cryptocurrency industry — has increasingly been spreading its wings through strategic investments in other sectors as it prepares to go public in the near future.

In addition to its investment in, Bitmain has been an active participant in the EOS ecosystem. AntPool, its mining pool subsidiary, currently counts itself among the 21 entities — called “block producers” — that verify transactions and enforce the EOS constitution on the cryptocurrency’s network, for which it earns a portion of all newly-generated tokens.

Earlier this month, the firm paid $50 million to obtain a controlling stake in Norwegian software company Opera Software AS, creator of the Opera web browser. Days later, the firm announced it was adding a native Ethereum wallet and decentralized application (dApp) viewer to the Android version of its web browser.

The firm has also been leveraging its ASIC development business to carve out a corner in China’s artificial intelligence (AI) market.

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