Prominent Bitcoin investor and Gemini Exchange co-founder Cameron Winklevoss says that the future of money is currently being built with Bitcoin and crypto and that it’s ‘crazy’ to be sitting on the sidelines. ‘The Future of Money is Literally Being Built’ Popular cryptocurrency commentator and a prominent Bitcoin investor Cameron Winklevoss has argued the craziness of investing in the crypto space. He said: “Some people think it’s crazy to invest in crypto. Maybe. But definitely not as crazy as sitting on the sidelines when the future of money is literally being built before your eyes.” The Winklevoss twins, in general, have been more than well-known in the space. Earlier in January, they said that Bitcoin will pass the $7 trillion gold market cap. Mr. Wonderful Disagrees One of those who seem to believe that investing in Bitcoin is more than […]
When it comes to self-driving technology, there are many potential implications to keep in mind at all times. To date, the number of autonomous vehicle son the public road has remained fairly limited. In the US, there will be a real-world trial by USPS involving self-driving trucks for mail delivery. A remarkable milestone which can make the whole system a lot more efficient. USPS Bets big on Self-Driving Trucks It is remarkable to see how well-known companies and service providers are willing to go when it comes to autonomous vehicles. Despite there still being plenty of risks associated with this technology, it is fairly obvious there are a lot of potential advantages to explore as well. As far as USPS is concerned, the company wouldn’t mind testing the waters in terms of making mail delivery more efficient along the way. […]
Although blockchain has become almost synonymous with cryptocurrency, they are, in fact, very different. Cryptocurrency are digital assets, like Bitcoin, that serve as a medium of exchange to secure financial transactions. The past few years have been a very exciting time for many traders as fortunes were made and lost before one could blink. Blockchain technology, on the other hand, is changing the world in a very different way than cryptocurrency. Many companies in all sorts of different industries are attempting to integrate blockchain technology into their daily operations in an effort to radically transform their respective fields. One industry that appears to be gaining significant traction thanks to the implementation of blockchain technology is the genomic data industry. Growth of Genomics In order to determine what kind of impact blockchain technology can have on a particular industry, it’s important […]
May, 2019 – Adelaide, Australia – TrustEd, an Australian start-up dedicated to bringing transparency to verification of academic credentials via blockchain, and Binance, the world’s largest cryptocurrency exchange and developer of proprietary blockchain Binance Chain, have entered an agreement to launch TrustED on Binance Chain. The world’s largest cryptocurrency exchange Binance has recently launched the main net for Binance Chain, a blockchain software system initially developed by Binance and its development community. Boasting one second block times, transactions that take place on the innovative Binance Chain can be confirmed in nearly an instance. Binance Chain is poised to be a revolutionary stepping stone in the bid to bring cryptocurrencies and blockchain technology to the masses. TrustED, a startup out of Adelaide, Australia was founded in 2017 with the aim to on-board academic institutions such as universities and trade schools. TrustED offers educators the technology and training in […]
In an impressive rally, Bitcoin SV is up over 60% almost setting a new all time high and currently trading at $102. The recent price spike comes due to news breaking out about Craig Wright being granted copyright registrations for the Bitcoin whitepaper and code. In the press release published, Wright was granted two registrations from the Copyright office: U.S. copyright registration no. TXu 2-136-996, effective date April 11, 2019, for the paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System, with year of completion 2008. The registration recognizes the author as Craig Steven Wright, using the pseudonym Satoshi Nakamoto. U.S. copyright registration no. TX-8-708-058, effective date April 13, 2019, for computer program entitled Bitcoin, with year of completion 2009 and date of first publication January 3, 2009. The registration recognizes the author as Craig Steven Wright, using the pseudonym Satoshi Nakamoto. Wright […]
Stellar (XLM) is a cryptocurrency, a digital asset, a medium of exchange for secure financial transactions. Cryptocurrencies use a decentralized control as opposed to common central banking systems. This decentralization is usually controlled by a distributed ledger technology like blockchain processes. The well-known Bitcoin currency, first released in 2009, is considered as the first decentralized cryptocurrency. However, since its release, over 4.000 alternative cryptocurrencies have been created. Stellar (XLM) is one of them, and it may unveil more value than most current altcoins. The internet is made up of network servers containing our date, websites and applications. Like the Internet, Stellar is a network of decentralized servers in many locations that power the distributed ledger. This ledger records every transaction in the system for people and companies alike. A complete copy of the global ledger exists on each Stellar server. […]
This is Part 2 of this series. For Part 1, click here. New Coins on the Block Grin and Beam are two of the newest privacy coins to come to market. They are both implementations of a proposed design for a new blockchain called MimbleWimble, which has generated significant buzz in the blockchain community due […] The post Going Deep on Privacy: MimbleWimble (Part 2) appeared first on Blockchain Beach | News and Events.
The independent rating agency Weiss Ratings seems to be bullish about Cardano (ADA), one of the largest digital currencies in the market. The blockchain project has been discussed […] The post Weiss Ratings Considers Cardano An Effective And Profitable Blockchain Platform appeared first on UseTheBitcoin.
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The XRP is recovering on May 21 after the previous selloff, trading around $0.4013. Long term wise, after getting to the bottom at $0.2780, the crypto started trading sideways near $0.4540. On H4, the price is testing the ascending channel support, which may then push the XRP to the resistance at $0.4540, and then to the ascending channel upper boundary at $0.5240; this is well confirmed with the MACD heading upwards. On H1, the price is making lower highs, which is forming a descending channel. With the Stochastic headed down, the price may well hit the current channel support and reach first $0.3460 and then the major channel boundary at $0.3460. After analyzing Ripple quarterly reports, Coin Metrics discovered discrepancies with the blockchain, which means the coins are allocated not in the way […]
Upon receiving an email from cryptocurrency exchange Kraken, customers were able to purchase tokenized stock in the company for a minimum of $1,000. Reportedly, the exchange has already been able to raise 70 percent of the $10.2 million mark it set out to reach, but income requirements have stopped some from being able to participate.
With $19 million to be doled out over the next 12 months for Ethereum 2.0 scaling projects, the Ethereum Foundation also plans to fund development on the current network and work to promote developer growth and awareness.
Phone and internet service provider AT&T claims that it is not responsible for a series of recent SIM-swapping complaints. Was AT&T’s Security Lacking Somehow? Recently, Live Bitcoin News reported on a man named Michael Terpin, an AT&T customer that had allegedly been the victim of SIM-swapping. Terpin alleges that a man bypassed his phone’s security to gain access to some of his online accounts, of few of which were crypto-related. He then managed to steal Terpin’s login information and steal millions in crypto funds. The culprit has since been charged for the crime and a court has ruled that he must pay back everything he stole. At first glance, it appears this case is closed. But Terpin is taking things a few steps further. He alleges that AT&T’s security protocols weren’t strong enough, which is what allowed the culprit to […]
There are certain mainstream media outlets which are well known for their generally anti-Bitcoin stance in published ‘news’ stories. But at least they usually try to back up their position with something vaguely resembling an argument. No such qualms for The New York Post in its latest cryptocurrency article, “Bitcoin will soon be worth zero.” At Least Four Factual Errors In Just 89 Words 89 words (and 4 numbers). That’s all New York Post columnist, John Crudele, felt was required to back up his headline assertion. “But wait,” I hear you cry, “That’s not enough to put forward a well reasoned argument, or even a solid opinion.” And you’d be right. It was however enough to make at least four factual errors, and of course required the omission of several important considerations. There was also a worrying lack of actual […]
The U.K. financial watchdog earlier today released a report that indicates that cryptocurrency and forex scams have more than tripled over the past year. However, the total number […] The post FCA: Cryptocurrency And Forex Scams Tripled In the U.K. Over The Past Year appeared first on UseTheBitcoin.
It has been a rather quiet week for Bitcoin so far. Despite a very promising start to May of 2019, the uptrend has ground to a halt. While that is not entirely unexpected, a lot of traders and speculators are growing antsy once again. There are several reasons as to why the Bitcoin price uptrend has stalled. How much of a role these all play in the big picture, is up for debate. The Bitcoin Mempool is Filling up Again There are always some things going on with Bitcoin which most people will not notice immediately. As has been the case for some time now, there will be periods when the BTC transaction queue fills up quickly and confirmations will take longer to materialize. While this problem can usually be solved by simply paying a higher transaction fee, it is […]
During a recent interview with Yahoo Finance, Eric Finman, teen crypto millionaire noted that the top cryptocurrency had four urgent issues it had to fix if it was […] The post Teen Crypto Millionaire: Bitcoin Should Solve These Four Problems Or Die appeared first on UseTheBitcoin.
Cryptocurrency is becoming a legitimate industry, but it’s probably not happening fast enough. Fraud Is Still Too Consistent A new report suggests that more than $32 million was lost to cryptocurrency scams in 2018. This is a raging sign that the industry still lacks appropriate regulation and that hackers and malicious actors are still too active throughout the space. What can we do about this? It’s a question that’s likely on enthusiasts’ minds everywhere, whether they’re longtime traders with tons of experience or they’ve traded only .0001 percent of a bitcoin in the past. Either way, regardless of what you’ve traded or invested in, if you have a stake in the industry, consistent fraud is likely to pose a threat to you one way or another. The Financial Conduct Authority released data regarding the massive losses incurred over the previous […]
Ethereum price is consolidating lock step with Bitcoin price but the current hourly chart suggests the top altcoin could be staging another attempt at $260. Ethereum Market Overview After rallying more than 100 percent since April, Bitcoin price has taken a slight breather and Ethereum (ETH) appears to be doing the same. Yesterday the market paused while waiting for the SEC’s decision on a Bitcoin-ETF and even though the unsurprising delay seems to have had little impact on price action, Bitcoin and Ethereum could trade sideways for a tad bit longer. Let’s have a look at the charts to see what the short-term outlook is. ETH/USD 1-HR, 4-Hr Charts Since dropping from a 2019 all-time high to $222.88 ETH price 00 is slowly gearing up to tackle $260. However, momentum halted as Bitcoin double-topped and dropped on 8.7 percent Monday. […]
On May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made by Bitcoin.com’s CEO, Roger Ver, at the five-star Navis Design Hotel. Also read: Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy Using the Elipay System to Purchase Goods and Services With Crypto in Croatia On Monday, Croatia got a crypto boost during a grand opening event that showcased a few Elipay merchants. The Elipay system allows for payments with crypto at both online and physical stores throughout the area. The Elipay mobile application integrates with existing Point of Sale (PoS) merchant systems and the platform was already supported by hundreds of locations in […]
CryptoNinjas CULedger, a credit union-owned CUSO that focuses on delivering applications to credit unions through its cross-border DLT platform, today announced it has expanded its partnership with enterprise software firm R3 to further support domestic and cross-border payments for credit unions on the Corda… CULedger expands partnership with R3 to support cross-border blockchain payments
An IT contractor is under fire for allegedly using government computer networks to mine cryptocurrency. When Crypto Doesn’t Belong A 33-year-old man in Sydney, Australia was charged by the Australian Federal Police (AFP) force for utilizing government-based equipment and laptops to mine digital currencies while serving as a tech contractor. It is estimated that the man earned more than $9,000 in Australian dollars through mining. He is set to appear today in an Australian court. He is facing two criminal counts, including one for restricting data without authorization, and one for modifying data to “cause impairment.” If found guilty, he could face up to 12 years in an Australian prison. Federal officials have also raided the mans home and confiscated several pieces of personal equipment including a cell phone, employee ID cards, a laptop and several “data files.” AFP acting […]
Bitcoin exchanges are surging in popularity during the 2019 bull-run, with Binance entering the top 1000 most popular websites in the world. Binance Reenters Top 1000 Websites Statistics from Alexa.com reveal a renaissance in exchange popularity after a lengthy bear market quashed interest. This week, Binance rose to position 913 in global rankings, marking its peak in popularity since bitcoin price 00 fell from $6500 to around $3100 in November 2018. Close behind it were other major platforms, such as Coinbase, which ranked 1258th worldwide, and Bittrex (3128). Even the embattled Bitfinex, subject to an ongoing lawsuit over $850 million in missing funds, has upped its popularity, currently sitting within the top 5000 sites. Regardless of the platform in question, the past two months since the price of bitcoin began its surge upwards have cemented a return to form for […]
CryptoNinjas IdentityMind, a SaaS platform for online risk management and compliance automation, today announced that Bittrex, the US-based cryptocurrency exchange and technology platform, will be utilizing IdentityMind’s Digital Identities Platform for automated Transaction Monitoring as a core function of its AML program for both… Crypto exchange company Bittrex to use IdentityMind for AML support
Top 5 SEO mistakes (and fixes) in the Blockchain and Crypto Industry I have a personal theory that many developers in the blockchain and crypto space dislike Google’s centralized omnipotent power so much, that they have simply abandoned the task of having their website rank on it. While I respect committed political views, I wonder how are we going to drive the blockchain revolution and enable my mom, Marina, living a lost town in Argentina to pay for her groceries in Ether, if all the promising startups which pledge to make the decentralization odyssey mainstream, don’t show up on Google. Or any other search engines. I’ve worked in digital marketing and SEO industry for almost 10 years. After 6 months of optimizing dozens of websites in the blockchain and crypto space, I’ve come across 5 common SEO errors. Here they are: Hubris: I’m too […]
After signing an “exclusive” streaming deal with the blockchain-based streaming service DLive, controversial YouTuber PewDiePie has helped the site reach five million monthly active users and over 70,000 streamers.
Image: Pixabay In the year 1991, Stuart Haber and W. Scott Stronetta first described cryptographically as a secured chain of the block following their intensive work in this field, they wanted to create a system which could timestamp documents that could not be tampered with. The first conceptualized blockchain was introduced by a person known as Satoshi Nakamoto in the year of 2008 and improved the system using a methodology similar to Hashcash and implement the first cryptocurrency Bitcoin the following year. Since nobody knows anything about this mysterious character, the uncertainty of Satoshi’s identity has produced a host of bitcoin conspiracy such as 4 noteworthy Asian tech giants explicitly Samsung, Toshiba, Nakamichi, and Motorola created bitcoin, it can be a project of American intelligence agencies and many more. Now, Blockchain the technology behind bitcoin is being widely accepted by many industries […]
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official tax guidelines. Also read: Last Will Platform Allows Your Loved Ones to Inherit Your BCH IRS Pressured to Issue New Crypto Tax Guidelines In September 2018, news.Bitcoin.com reported on a group of U.S. bureaucrats who sent a formal letter to the IRS asking for more clarification in regard to the way cryptocurrencies are taxed in America. U.S. representative Kevin Brady, Tom Emmer and a variety of other state officials insisted in the letter that digital asset taxation needs clearer guidelines. Since the tax agency’s official statement in 2014, the current guidance for taxpayers is to file each and every […]
CryptoNinjas BTSE, a licensed digital assets exchange, today announced the launch of a new futures trading platform, BTSE Futures, along with its 100x leveraged Bitcoin futures product. BTSE Futures is scheduled to begin trading in June 2019. The new BTSE Futures platform supports fiat… BTSE launching new leveraged bitcoin futures product
With Bitcoin spiking more than 120 percent since the start of 2019, the U.S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U.S. Congressmen, the IRS Commissioner Charles Rettig declared that clear-cut Bitcoin tax guidelines were a top priority for the agency. The letter was in reply to an April 2019 letter from the 21-member congressional coalition led by Rep. Tom Emmer (R-MN). An excerpt from the reply sent by Commissioner Rettig reads: I share your belief that taxpayers deserve clarity on basic issues related to the taxation of virtual currency transactions and have made it a priority of the IRS to issue guidance. Specifically, your letter mentions (1) acceptable methods for calculation cost basis; (2) acceptable […]
CryptoNinjas Voyager Digital, a licensed and regulated crypto asset brokerage, today announced it will utilize Ledger Vault’s multi-authorization cryptocurrency wallet management solution. Ledger Vault’s asset management system will be integrated into Voyager’s crypto trading platform to increase the security of its holdings. Ledger Vault… Ledger Vault to provide custody for Voyager’s crypto trading platform
Blockchains are amazingly popular nowadays. But what is a blockchain? How do they work, what problems do they solve and how can they be used? As what the name indicates, a blockchain is a chain of blocks that contains information. This process was originally described in 1991 by a group of researchers and its original purpose was to timestamp digital documents so that’s it’s not possible to backdate or tamper with them which is almost like a notary. However, it went by mostly unused until it was adapted by Satoshi Nakamoto in 2009 to create the digital cryptocurrency called Bitcoin. A blockchain is a distributed ledger that is completely open to anyone. They have an interesting property: once some data has been recorded inside a blockchain, it becomes very difficult to change it. So how does that work? Well, let’s a closer look […]
There appear to be numerous conflicting pieces of information regarding the Cobinhood cryptocurrency exchange. While it is evident for everyone to see the company is struggling, tales of its exit scam are vastly overstated. Moreover, there is plenty of DXN token drama, which also affects this trading platform at an unfortunate time. There are still a lot of unanswered questions, but it seems the company will continue to operate for the foreseeable future. The Cobinhood Story Escalates Anyone who has kept a close eye on what is happening to Cobinhood may have noticed the company is struggling. Ever since one of the founders left the company – some claim he was fired from the position – there have been a lot of questions as to how things would progress for the trading platform as a whole. It is not uncommon […]
CryptoNinjas Ontology, a high-performance public blockchain project, and a distributed trust collaboration platform, recently released its design for a lightweight and safe multichain system and cross-chain solution. The solution uses the Ontology blockchain as the main chain, and supports both side-chains whose architecture is… Ontology releases design for lightweight multichain solution
Disclosures continues to be one of the existential challenges to the security token industry. In a market without any information about active digital securities, the opportunities for achieving fair trading remain very limited and that dynamic gets worse as the market growths. When comes to security tokens, disclosures is not a problem with a unique solution. Quite the opposite, there are numerous models that can be applied to enable better information flow for digital securities . In the past, I’ve outlined some ideas about the challenge of disclosures in security tokens. Today, I would like to propose four different models that might help to tackle this challenge for both basic and really sophisticated scenarios. It is natural to think about disclosures as an information flow problem but I think that perspective results constrained when comes to security tokens. After all, asset classes […]
The 6 Major Industries Blockchain is Likely to Disrupt Blockchain Just a short measure of time has gone since 2019 begun, yet we’ve had an opportunity to see how the absolute most significant Blockchain patterns will reshape the space throughout the following year. Numerous individuals are resistant to innovative changes in both their own lives and at the workplace. Be that as it may, what they regularly need is the vision to perceive how the innovation they are opposing will improve their lives later on. Developing innovations are energizing and bring development and new open doors over the globe. They transform ourselves by adjusting the manner in which we think and work regularly. Technological advancement can affect much more than our everyday lives. Truth be told, it can disturb whole ventures and change the manner in which we work together. On developing […]
CryptoNinjas Today, iFinex, the company operating crypto exchange Bitfinex and sister-brand Ethfinex announced the launch of Tokinex, its new token sale platform. Tokinex allows users to discover, as well as participate in, curated, pre-vetted token sales from projects in the crypto space, directly from… Ethfinex and Bitfinex launch new token sale platform Tokinex
CryptoNinjas Bitwala, a Germany based cryptocurrency company with customers in more than 30 European countries, today announced it is strengthening its senior leadership with Philipp Beer as Chief of Growth. In this newly created role, Philipp is responsible for the strategic growth and the… Philipp Beer joins blockchain banking company Bitwala as Chief of Growth