ConsenSys Academy Announces Winners Of First Ever Global MBA Blockchain Venture Competition


Toquity | INSEAD |Ownership recording on the Ethereum blockchain
d.rect | Berkeley Haas FinTech Club |Decentralized international roaming data exchange protocol
Carriage | TECH CLUB — Harvard Business School |Electric vehicle charging infrastructure

Celeri | Berkeley Haas FinTech Club |Securitization
Go-To-Market Pangea | Berkeley Haas FinTech Club |Real estate investment democratization
Kivio | MIT FinTech Club |Smart Contracts and document management for ocean-freights
Judg.io | Penn Blockchain club|Dispute resolution infrastructure via smart contract subjectivity

#blockchain #blockchainmind #blockchaintoronto

The Biggest Cryptocurrency Hacks in History


Cryptocurrencies burst onto center stage in 2017, delivering what might very well be historic gains. For the year, the aggregate value of all digital currencies soared from a starting value of $17.7 billion to an ending value of roughly $613 billion. That works out to an increase of more than 3,300%! By comparison, the stock market has historically gained 7% a year, inclusive of dividend reinvestment and when adjusted for inflation. It would take traditional equities decades to deliver similar returns.

But that’s not to say that the cryptocurrency ride hasn’t been without its bumps in the road. Earlier this year, virtual currency investors got their first taste of a major correction in years. After briefly hitting an all-time market cap high of $835 billion on Jan. 7, 2018, the combined market value of cryptocurrencies slid by 70% over the next three months. Even though they’ve nearly doubled off their recent lows, virtual currencies’ combined market cap is down by 23% year to date (through May 5, 2018).

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