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Blockchain Association of Canada Merges with Chamber of Digital Commerce 

Blockchain Association of Canada Merges with Chamber of Digital Commerce 

The Blockchain Association of Canada announced on February 5, 2019, that they have merged with the Chamber of Digital Commerce Canada.

Stronger Together

Across the world various blockchain advocacy entities such as Blockchain for Europe have been formed to bring some order to the industry and encourage collaboration. Most recently, The Blockchain Association of Canada has undergone a merger and is now a part of the Canadian Chamber of Digital Commerce.

The announcement of the merger was made on February 5, 2019, via a press release on their website. The Blockchain Association of Canada was the largest Blockchain association in the country and Tanya Woods, the former Executive director and policy strategist of the BAC, will now act as the managing director of the Chamber of Digital Commerce Canada.

Speaking on Tanya’s expertise, Perianne Boring founder, and president of the Chamber of Digital Commerce said:

“Tanya brings more than a decade of strategic advocacy experience and is a trusted advisor to the blockchain community and the Canadian Government at the highest levels. She is a strong advocate for the Canadian blockchain community,”

The Chamber of Digital Commerce was first created in 2014 and is the world’s largest Blockchain trade association acting as home to over 200 companies that wish to explore blockchain such as Microsoft, Overstock and IBM.

Canada Calling

While many associations exist for the purpose of furthering blockchain adoption, too many of them defeat the purpose which is uniformity within the industry. By having the BAC merge with the Chamber of Digital Commerce, a larger and stronger body is created. Canada, on its part, has been quite accepting of blockchain and is currently looking into the use of cryptocurrency in political donations. The team behind the Chamber is Digital Commerce are looking at Canada becoming a blockchain hub in the end few years.

Don Tapscott, executive chairman of the Blockchain Research Institute and advisory board member of the Chamber of Digital Commerce said:

“Canada is well positioned to be a global leader in the burgeoning blockchain economy,”

He continues:

“It is critical for Canada to have a unified local community driving blockchain adoption and I am pleased to see the Chamber of Digital Commerce’s investment in the Canadian blockchain economy.”

Blockchain association of canada merges with chamber of digital commerce 

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Published at Wed, 06 Feb 2019 23:00:30 +0000

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Crypto Pundit John Mcafee Hacked but Hodling

The markets have shown declines across the board this morning, possibly due to a sell-off during the Asian trading session following government regulation in South Korea. bitcoin and all of its brethren slid overnight by an average of around 12%, and only Ripple seems to have survived.

News can be a big influence on the nascent cryptocurrency market, as can social media, such as Reddit, Facebook, and Twitter. One such crypto aficionado who has taken to social media in recent weeks to air his views is outspoken British-American computer programmer and businessman John McAfee.

Hodl or Die

In an article on MarketWatch, bitcoin bull McAfee remained confident and told those holding the digital currency to keep doing so, despite it shedding 40% off its record high in the past two weeks. McAfee, who founded the self-named anti-virus company in 1987, took to Twitter, where he has been spending a lot of time lately, and posted:

For you who are long term investors like myself: (those who always make the most returns), bitcoin is still the crypto giant. It is at a low price, and will never be cheaper. It will be ten times this price in 2018. Remember – it has the lowest circulating supply of any coin.

Known his for candid comments, McAfee stated at the end of November that he would eat his own manhood if a bitcoin was not worth a million dollars by 2020. He has since become quite a character in the crypto sphere.

Hacked Off

In an ironic twist, the former cyber security chief found himself at the wrong end of the digital divide today when his Twitter account was hacked. McAfee has been using the account to post daily altcoin recommendations, which have largely resulted in somewhat predictable pumps and dumps. Critics have labelled this as market manipulation, but in an unregulated market such as crypto, anything goes. McAfee recently changed the daily coin recommendation to a weekly occurrence.

The hackers had started to post their own coin recommendations using McAfee’s account, which had over half a million followers at the time. Coins pumped during the incursion were BAT, NXT, and Siacoin.

He replied with the following post after users started posting screenshots onto social media:

Urgent: My account was hacked. Twitter has been notified. The coin of the day tweet was not me. As you all know… I am not doing a coin of the day anymore!!!!

In an attempt to extricate himself from the digital abyss, McAfee did post the following:

Though I am a security expert, I have no control over Twitter’s security. I have haters. I am a target. People make fake accounts, fake screenshots, fake claims. I am a target for hackers who lost money and blame me. Please take responsibility for yourselves. Adults only please.

What the hack does is highlight the nature of things in crypto land. It will hopefully serve as a warning that nobody, not even the ex-boss of a cyber security firm, is immune. Take care of your coins!

What are your thoughts on John McAfee: crypto legend or market manipulator? Share your thoughts in the comments below.

Images courtesy of Twitter/@officialmcafee and Wikimedia Commons.

The post Crypto Pundit John Mcafee Hacked but Hodling appeared first on Bitcoinist.com.

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