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New Future of Finance story: A $31 million hack freaked cryptocurrency traders out and sent bitcoin’s price plunging

There’s a new “ #Future of Finance ” story on #Quartz : A $31 million hack freaked cryptocurrency traders out and sent bitcoin’s price plun...

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Wednesday, November 15, 2017

Blochchainify freedom by mining cryptocurrency for bail money

Blochchainify freedom by mining cryptocurrency for bail money
By Tristan Greene


The New Inquiry, a non-profit, recently unveiled its blockchain mining system designed to give freedom to people awaiting trial who can’t afford to post bail. Slacktivists unite: anyone can donate their unused processing power to the cause. Bail Bloc is software that lets you utilize unused processing power to mine for cryptocurrency, specifically Monero, which is then donated to the Bronx Freedom Fund. That donation is used to post bail for individuals who are incapable of coming up with the money to post their own bond, according to a white paper outlining how The New Inquiry intends to use the&;

This story continues at The Next Web

November 15, 2017 at 11:21AM
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The post Blochchainify freedom by mining cryptocurrency for bail money appeared first on Small Business Hacks drinkinGourd's Blog.

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