Scalability, Privacy And Governance – Main Problems For DApps, Says Qtum Co-Founder Ethereum’s functionality has lured a huge number of new ICOs onto the platform, as companies seek to easily create coins or tokens with various features. However, the recent CryptoKittiesDApp has proven that the network can be slowed by transaction volume. And while smart contracts have made the Ethereum… The post Scalability, Privacy And Governance – Main Problems For DApps, Says Qtum Co-Founder appeared first on Altcoin Today.
Venezuela’s first state-run cryptocurrency will be backed by three of the country’s major natural resources. Venezuela previously announced their intention to step into the crypto spotlight by creating their own digital currency, the Petro. The country’s president, Nicolás Maduro, noted that the creation of the state-controlled crypto is a way to “innovate toward new forms of international finance for the economic and social development of the country.” Sidestepping Those Sanctions It could also be due to the fact that the crypto industry has grown exponentially in Venezuela on the back of the country’s economy suffering high levels of inflation and the introduction of US-led financial sanctions. Maduro made reference to the latter, stating that the purpose of the Petro is to “advance the country’s monetary sovereignty, to carry out financial transactions and to defeat the financial blockade against the country.” Backed […]
If you know how hot South Koreans are for crypto, this may not come as much of a surprise. According to a new survey, 3 out of every 10 South Korean workers have some investment experience with cryptocurrencies. Nearly 1 in 3 Invested in Cryptocurrency This Wednesday, web-based job portal Saramin published the results of a survey that included 941 salaried South Korean citizens. Saramin found that 31.3% of respondents held a position in cryptocurrency. Revealing their reasons for investing in crypto, 54.2% of the individuals surveyed believed that these investments were the fastest way to make money, and 47.8% indicated that investing small amounts of money into cryptocurrency was easy enough to justify the decision. According to the data, 44.1% of surveyed workers have invested less than 1 million won (US$930). Some 18.3% have invested 1 to 2 million won, while another 9.8% invested between 2 […]
The financial services giant is planning on offering digital asset trading beginning in the summer of 2018, sources close to the bank have reported. Old Money Moving In Goldman Sachs is becoming one of the first large banks in the US to embrace Bitcoin and other crypto-currencies, as the bank is currently building a team to tackle many of the issues that will come from implementing the trading. A major issue now is how the bank plans on storing the assets, as they will have custodial control of the assets. The bank is also one of the first to support the Bitcoin Futures trading, which has been recently launched by some US exchanges, namely CBOE and the CME Group. Similar scale national banks have held off on clearing those futures, as worries about the volatile nature surrounding Bitcoin’s price along […]
One of the key functions of the blockchain is the ability to mark data permanently. This immutability has primarily been used to record currency transactional data, but this ability can theoretically be extended to permanently record other secondary information. It is this ability that holds promise for the blockchain to be an all-encompassing solution for verification of various assets. Disclosure: This is a Sponsored Article Devery.io is building a protocol layer above Ethereum to enable third party developers to easily build product verification services on the Ethereum blockchain through APIs. Further, the Devery Protocol connects provenance systems into one central hub. The current provenance landscape is fragmented, and Devery aims to unify them into one central look-up for consumers. There are various real world use cases that would benefit from this solution. Specifically, governments and private corporations today run registries […]
Director of UK-Based Crypto Exchange Kidnapped in Kiev Pavel Lerner, the managing director of the cryptocurrency exchange EXMO was abducted by “unknown persons” in Kiev, reports Ukraine-based web publication Strana.ua. According to their sources, Lerner was held while leaving his office in the center of town and driven off in a black Mercedes-Benz. Currently, multiple investigations are underway… The post Director of UK-Based Crypto Exchange Kidnapped in Kiev appeared first on Altcoin Today.
The ICO pre-sale is now open for the platform that will create a new value economy to reimagine the digital experience Dubtoken is a new digital token designed to monetize video content using the Interactive Video and Experience Protocol (IVEP), together reimagining the digital experience ecosystem Content creators will be better rewarded, and audiences will experience more personalized and informative viewing experiences, resulting in higher engagement and ROI for publishers outside of platforms such as Facebook and Instagram Invalid bot traffic and ad fraud will be countered significantly by introducing a unique human proof score leveraging blockchain technologies Interactive smart objects and functions using digital layers will sit on top of streaming content, enabling personalization of digital experiences in real time, powered by artificial intelligence Toronto, Ontario – IVEP Association, in collaboration with mobile video creation platform dubdub, announces its […]
Last year brought terms like bitcoin and cryptocurrency to the vocabulary of more than half the world’s population. Estimates indicate that as many as 1 in 20 people own some form of this new asset class. However, many people entering the space are left without a clear-cut strategy as to which cryptocurrencies to hold that may appreciate over time. One start-up proposes a potential solution in a completely unique way. Optitoken (ERC20) is the first algorithmically traded crypto portfolio, which will allow token holders exposure to a cryptocurrency that systematically implements strategies solely with the intent of increasing its value. OptiToken uses profits created by trading amongst a carefully selected basket of tokens in a manner designed to maximize profit. The project introduces the idea of “Strategic Scarcity” and coin supply control, amongst other interesting strategies put in place solely […]
Blockchain Will Fulfill the Broken Promise of the Internet For Creatives, Says INK COO In a presentation at BlockShow Asia, Daniel Zhai, COO of Blockchain startup INK Labs Foundation, introduced the company’s Intellectual Property Assets Exchange built on the Qtum Blockchain. The platform will help artists both protect and monetize their creative works. According to Zhai’s presentation, current global… The post Blockchain Will Fulfill the Broken Promise of the Internet For Creatives, Says INK COO appeared first on Altcoin Today.
As more and more money flows into the cryptocurrency markets, a belief has emerged that to have a worthwhile and profitable interaction with cryptocurrency, a sizable initial investment must be made. For potential supporters without the financial means to do so, it may appear as if their window of opportunity has already passed. Years ago, the approach to cryptocurrency was completely different. A significant portion of individuals supporting Bitcoin and other currencies did not invest their own money. Of those who did make a financial investment to accumulate coins, many purchased less than US$100 of cryptocurrency. Rather than investing money, these individuals invested their time, enthusiasm, and skills to increase their holdings, through a number of opportunities. While this approach is no longer as popular as it was then, those opportunities still exist, and many new ones have emerged. Here are three approaches to getting involved in […]
To invest or not to invest in cryptocurrencies and initial coin offerings (ICOs). That is the challenge of many millennials. The spend-it-now generation is having a hard time saving for retirement. Mobile apps and automated robo-investment advisors have made it easier than ever to set up and manage an investment portfolio, but beating inflation is hard to do in today’s low interest rate environment. Millennials concerned with ideally growing and preserving their portfolio value are challenged. Disclosure: This is a Sponsored ArticleOver the past decade, the average US inflation rate was 3.2 percent while the average interest rate on savings accounts is currently less than one percent. An inflation-proofed cryptocurrency portfolio could help lower volatility and reap higher returns. After removing the effects of inflation from 10-year S&P 500 returns, the value of every dollar invested would have grown to […]
Four Tips for Cryptocurrency Users in the New Year While 2017 may have been the year that cryptocurrencies really started to get on people’s radar, I’m predicting that 2018 will be the year we see them become more widely adopted. Whether you’re just getting into cryptocurrencies now or are already a veteran, here are some tips… The post Four Tips for Cryptocurrency Users in the New Year appeared first on Altcoin Today.
If you’ve interacted with Facebook, you may have had run-ins with spam bots that infest your profile (or your friends’ profiles) and post links or advertisements without your permission. Well, the same malware that tells your friends to “Check out this link for 90% off a BRAND NEW pair of Ray Bands. WOW!” is now being used to mine cryptocurrency. A downloaded client runs mining software that contributes hashing power to the malware’s source server. Unaware Facebook users may have downloaded this bot through links shared on Facebook Messenger. Mining on Someone Else’s Dime You could be mining cryptocurrency without even knowing it, all because of a mining bot spread through Facebook Messenger. Lenart Bermejo and Hsia-Yu Shih originally covered the revelation in a Trend Micro report. The malware, called Digimine, originated in South Korea and propagates itself through Facebook’s messaging app, and is […]
Fedcoin Could Be Coming Soon, But Would It Really Challenge Bitcoin? The idea of “Fedcoin,” a cryptocurrency sponsored by the U.S. government and managed by the Federal Reserve, has been around for quite some time. “Imagine that the Fed, as the core developer, makes available an open-source Bitcoin-like protocol (suitably modified) called Fedcoin,” a Federal Reserve VP speculated already… The post Fedcoin Could Be Coming Soon, But Would It Really Challenge Bitcoin? appeared first on Altcoin Today.
If you are a developer, develop! Add value to the Blockchain universe. If you are not, get involved in other ways, there is room for absolutely everybody to help grow this space. (Joshua Lavin) #BLOCKSHOW
Bookmaking is a growing industry and an important contributor to the economy in many developed nations. Take an example of the United Kingdom, where bookmaking generated GBP 2.3 bln towards the national GDP. The betting landscape though is changing with the advent of new technology. More people are comfortable placing bets online using their portable devices and expect the convenience that they have become accustomed to in other sectors to be extended to betting as well. The availability of 24 hours, 365 days a year betting has changed the consumer mindset. Disclosure: This is a Sponsored Article The consumer also expects the online betting industry to be more reliable as things go online, Management Today UK reports, “Currently, online represents a third of the market, but it’s where all the growth is. By way of illustration, consider William Hill’s latest […]
Soon, Dubai will be the first city in the world to have self-flying taxis and Robocop. There is no more befitting place than Dubai to talk about advanced technologies and impactful projects. On December 13th, 2017, in a joyous event, PIN Community gathered 100 leaders from 20 countries at Hyatt Regency Hotel in Dubai to share about the technologies of the future – Blockchain, Artificial Intelligence (A.I.), and Big Data – and how they all come together to enable and strengthen a “Sharing Economy 2.0″ within their PIN Platform. Jimmy Robinson – the Dubai representative of PIN Community – was welcomed to talk about the PIN Community and its roadmap on combining all 4 discussed elements (Blockchain, A.I., Big Data, and Sharing Economy) into its products including the Collaborative Investment & Saving Portal, Direct Ad-Network, PIN Auction, and PIN Pay. […]
While 2017 may have been the year that cryptocurrencies really started to get on people’s radar, I’m predicting that 2018 will be the year we see them become more widely adopted. Whether you’re just getting into cryptocurrencies now or are already a veteran, here are some tips for the upcoming year. Note: this is not financial or investing advice. Always do your own research and make your own choices. Do your own research, and be thorough! One of the most common questions I get asked when at events or by friends and family is, “What is the next big coin I should invest in?” Frankly, I hate this question, because everyone should really be doing their own research into what projects and cryptocurrencies they wish to spend their money on. Not only is that the adult thing to do, but it also saves […]
Organized by American and Chinese companies, including SV Insight, Draper Dragon and Consensys, the Blockchain Connect Conference will take place in January 2018, in San Francisco, CA. The international lineup of both the organizers and the speakers serves to underscore the idea behind the event – bridging the gap between Chinese and US Blockchain communities and allow for better cooperation between them.
We use to hear that the cryptocurrency mining is a very power-consuming activity. Most of the Bitcoin enemies complain that Bitcoin mining is a waste o energy compared with other… Continue reading “Mining Power is not a Waste of Energy: Could be Used for Neuroscience” The post Mining Power is not a Waste of Energy: Could be Used for Neuroscience appeared first on .
Bitclub To Revamp Their Operations and Website in 2018 The relatively secretive Mining pool, Bitclub has announced they will be making some huge changes to their operations over the next few months. Following a recent security exploit, Bitclub made a number of announcements to it’s current members: The Security Exploit A few days ago we found a security exploit that was uploaded into one of our testing environments through a trusted 3rd party provider. This 3rd party has verified the exploit on their end and after looking into the log records we know exactly what happened. Luckily, our system is set up to lock itself down in case of a threat or unusual activity and this attempt was shut down very quickly (within 15 min). However, due to the access attained we are not taking any chances with member accounts […]
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, […]
In her op-ed article that was published on Yahoo Finance in late December 2017, Sheila Bair said that governments should ensure that policies covering digital currencies shouldn’t feed the frenzy and should not make their own value judgments about Bitcoin. #NEWS
It was only a matter of time until authorities pulled the reins in on one of the biggest crypto trading nations in the world. South Korea, which is responsible for as much as 25% of total crypto trading volume, said on Thursday it will impose additional measures to regulate speculation in crypto within the country. South Korea Will Ban Anonymous Crypto Trading As previously reported that more regulations are expected, South Korean regulators have confirmed additional measures to curb illegal activities at cryptocurrency exchanges. According to Reuters, the government noted that trading prices of most digital currencies were much higher on South Korean exchanges than they were on exchanges in other countries. A government spokesperson made the following statement: The government had warned several times that virtual coins cannot play a role as actual currency and could result in high losses […]
Ripple Price Technical Analysis – XRP/USD Remains Buy on Dips Ripple price is placed nicely in the positive area against the US Dollar and Bitcoin. XRP/USD remains buy on dips near the $1.10 and $1.05 support levels. Key Highlights Ripple price is moving higher and it recently broke the $1.15 resistance area against the US… The post Ripple Price Technical Analysis – XRP/USD Remains Buy on Dips appeared first on Altcoin Today.
Ethereum Price Technical Analysis – ETH/USD Short-term Correction Ethereum price is currently correcting lower against the US Dollar and Bitcoin. ETH/USD might decline in the short term to test the $700-715 support area. Key Highlights ETH price is moving lower from the $761 swing high and is now below $740 against the US Dollar. There… The post Ethereum Price Technical Analysis – ETH/USD Short-term Correction appeared first on Altcoin Today.
MOST ALT COINS ARE GIVING UP THEIR GAINS WITH DASH AT $800 A POSSIBILITY DASH at $800? Yes, maybe, maybe not. Who knows, no one got future prices mapped out but if it does hit that level and some buyers jump in, please don’t look back. Just buy. Like other crypto-currencies, the 61.8% Fibonacci level… The post MOST ALT COINS ARE GIVING UP THEIR GAINS WITH DASH AT $800 A POSSIBILITY appeared first on Altcoin Today.
Bitcoin Cash Price Technical Analysis – BCH/USD to Retest $2500? Bitcoin cash price is trading lower from $3000 against the US Dollar. BCH/USD might decline further towards the $2500 and $2400 support levels. Key Points Bitcoin cash price is moving lower from the $2960 swing high against the US Dollar. There was a break below… The post Bitcoin Cash Price Technical Analysis – BCH/USD to Retest $2500? appeared first on Altcoin Today.
Bitcoin Price Technical Analysis for 12/28/2017 – Reversal Formation Spotted! Bitcoin price is completing a head and shoulders pattern, which is considered a classic reversal signal, on its 4-hour time frame. Bitcoin Price Key Highlights Bitcoin price failed to sustain its bounce past the area of interest at $16,000. Price now appears to be completing… The post Bitcoin Price Technical Analysis for 12/28/2017 – Reversal Formation Spotted! appeared first on Altcoin Today.
The majority of cryptocurrencies have been taking a break this week with very little movement in either direction. This morning, however, saw declines across the board during the Asian trading session, all except Ripple which bucked the trend again and saw gains. Bitcoin had rebounded a little from its previous slump to $12,000 but it was short-lived, the digital currency is going through another sell-off from a high of $16,900 yesterday down to $14,700 today and still falling. Ethereum has also pulled back a little to the $700 level, likewise with Bitcoin Cash which is down from $3,000 to $2,600. Litecoin which has been stable at $280 for a week has also dropped 12% in the past 24 hours falling to $250 at the time of writing. Ripple on a Roll One winner has again emerged, emulating its actions a […]
A major Israeli broker has defied central bank Bitcoin warnings to advocate Bitcoin trading options on the country’s largest stock exchange. What’s Good For CBOE Is Good For Us In comments to local media outlet Globes, Julien Assous said there is “definitely room” for listing Bitcoin futures on the Tel Aviv Stock Exchange (TASE). Assous is CEO of IBI Brokerage, as well as chairman of an association made up of non-banking TASE members. In stark contrast to Israel Securities Authority chairman Shmuel Hauser, who this week said he would “not allow” cryptocurrency companies to list on TASE, Assous sees a major advantage for Israel in doing so. “It’s an opportunity for the local stock exchange to take the lead on a global level,” he stated. “What is good for the CME and CBOE stock exchanges, which are the world’s largest […]
Popular crypto exchange Poloniex has announced today that it has completed a major upgrade to its customer identification and verification systems. As a result, the company will soon require legacy accounts to become verified… Poloniex users need to verify after upgrade to ID and verification system was published on CryptoNinjas.
Major Korean Banks Drop Bitcoin Point Swap Services South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Major Banks Move Away… The post Major Korean Banks Drop Bitcoin Point Swap Services appeared first on Altcoin Today.
Bitcoin fork Segwit2X became the main news of the year. According to coinmarketcap.com, in just 3 days Bitcoin market capitalization increased by 40,000,000,000 USD! With the upcoming fork date, which will take place on December 28 at block 501451, the price of the B2X futures also increased by 75% in just one day. What caused such an unprecedented interest in Segwit2X? At the moment, futures of this fork are already traded on many exchanges, such as HitBTC, YoBIT, and are also available in wallets – Freewallet, Zumminer, and others. After the launch of the fork, each BTC owner will be able to get B2X in a 1:1 ratio, and also a very nice bonus. As you know, Satoshi Bitcoins, mined during the first years of the network existence, will be proportionally distributed among those who supported the cryptocurrency, and this […]
Russia Unveils Proposed Regulation Putting Limits on ICOs and Investors The Russian finance ministry has unveiled its proposals for the regulation of initial coin offerings (ICOs) in the upcoming bill to be submitted this week. They include the maximum amount an ICO can raise as well as an investment limit for unqualified investors. Proposed Limits… The post Russia Unveils Proposed Regulation Putting Limits on ICOs and Investors appeared first on Altcoin Today.
The train has left the regulation station as Russia prepares to submit their draft law on controlling regulating the country’s booming crypto industry. The wheels continue to turn as Russia moves forward with its plan to regulate cryptocurrencies and ICOs within the country and to provide a definitive framework for trading in the industry. According to EconoTimes, Russia’s Finance Minister, Anton Siluanov, had this to say: The Ministry of Finance has prepared a draft law, currently under consideration, which will determine the procedure for issuing, taxing, buying and circulation of cryptocurrency. Crypto Will Not Be Seen as a Currency State-operated news agency RIA Novosti has reported that the draft will be submitted on the 28th of December. Anatoly Aksakov, who is the chairman of the State Duma committee for the financial market, has said, through a rough translation, that cryptocurrencies will be […]
On Greed and Growing Up: Why Crypto Looks A Lot Like Wall Street I first seriously heard about cryptocurrency while I was working on Wall Street. This was in 2013. I was trading Argentine credit. One of my local brokers in Buenos Aires wanted to know if I had knew anything about bitcoin. Argentina, at… The post On Greed and Growing Up: Why Crypto Looks A Lot Like Wall Street appeared first on Altcoin Today.
ATB Coin the Latest to Face Class-Action Suit After ICO Following similar suits against Tezos and Centra, another initial coin offering that opted not to register with the Securities and Exchange Commission (SEC) faces a class-action lawsuit alleging its cryptocurrency should be considered a security. On December 21, Raymond Balestra filed a class action suit in… The post ATB Coin the Latest to Face Class-Action Suit After ICO appeared first on Altcoin Today.
Bitpay Starts Implementing Bitcoin Payment Protocol Invoices Decreasing Wallet Support This week the cryptocurrency payment processor Bitpay implemented the BIP70 Payment Protocol into their debit card bitcoin-to-dollar-load invoices. According to the company, the feature will prevent common payment errors and offer better security against man-in-the-middle attacks. Using the Payment Protocol to Prevent Error and Man-In-the-Middle… The post Bitpay Starts Implementing Bitcoin Payment Protocol Invoices Decreasing Wallet Support appeared first on Altcoin Today.
Israel Weighs “Digital Shekel,” Its Own National Cryptocurrency Israeli officials are debating whether or not to create their own cryptocurrency, joining a growing list of governments that have proposed their own state-sponsored digital currencies in 2017. ISRAEL DEBATES THE MERITS OF CRYPTO The Israeli government may create its own “digital shekel,” according to sources close to… The post Israel Weighs “Digital Shekel,” Its Own National Cryptocurrency appeared first on Altcoin Today.
A cryptocurrency charity event organized for Covenant House Toronto raised three times their goal, netting $70,000 in Ethereum. It’s always amazing what can happen when people have control over their economic decisions. No red tape, no dealing with bank regulations, or dealing with bureaucratic nonsense. People tend to be able to accomplish far more on their own when left unfettered, and this is definitely seen when it comes to charity. Case in point is the recent crypto charity event for Covenant House Toronto that far exceeded expectations. Over $61,000 raised at #merrymerkle so far! Thanks to Robbie & Andreas for making tonight possible pic.twitter.com/NDdan6HkIX — Covenant House TO (@CovenantHouseTO) December 22, 2017 Gather Around the Merkle Tree The event in question is the Merry Merkle Tree event that was held on December 21st. More than 200 people attended the event, […]
Propy, the world’s first international real-estate marketplace to utilize blockchain, has just launched the alpha open version of its blockchain-based transaction tool. This new transaction tool will allow individuals to buy and sell properties… Propy’s new launch: Now possible to buy properties in the US for bitcoin was published on CryptoNinjas.
Bitcoin Boasting Strong Recovery After Post-Dip Volatility This morning Bitcoin (BTC) surged to a peak of $16,930 and the total cryptocurrency market cap hit a high of 603 bln, after a steady past couple of days of growth. The market recovery comes in the wake of a major dip at the end of last week that was followed by several… The post Bitcoin Boasting Strong Recovery After Post-Dip Volatility appeared first on Altcoin Today.