June 25, 2018

Andreessen Horowitz Hires First Female General Partner for Crypto Fund

Venture capital firm Andreessen Horowitz has hired its first female general partner to manage the company’s newly formed cryptocurrency fund
June 25, 2018

Two Japanese Exchange Execs Resign From JVCEA After FSA Actions

Two vice presidents of the Japan Virtual Currency Exchange Association have left the organization after receiving business improvement orders from the Financial Services Agency.
June 25, 2018

How Commerzbank Is Throwing Out the Business Blockchain Playbook

How Commerzbank Is Throwing Out the Business Blockchain Playbook With a plethora of business blockchains vying for prominence, banks are under increasing pressure to pick a winner – after all, without network effects, surely the benefits would be lost? While that might be conventional wisdom, Commerzbank AG, one of Germany’s largest financial institutions, is taking… The post How Commerzbank Is Throwing Out the Business Blockchain Playbook appeared first on Altcoin Today.
June 25, 2018

Coinbar Group invests in ARXUM shortly after ICO announcement

Shortly after ARXUM’s ICO announcement, the Singaporean blockchain advisory and private investment group Coinbar invested in the ARXUM project. ARXUM, a project that changes the manufacturing industry by interconnecting manufacturers, suppliers and customers in a network running on blockchain, announced its ICO last week. Shortly after, Coinbar Group, which is a private investment group consisting of academics, venture investors, market analysts, consultants and developers, invested a substantial (undisclosed) amount of ETH in the ARXUM project. Coinbar has previously invested in ICO’s of well-known players such as IOTA, Kyber Network and Zilliqua. “ARXUM’s Production Protocol has the chance to drive the technology change in the manufacturing industry towards fully digitalized processes. This will help manufacturers to build Smart Factories and customized mass production” — Mr Sebastian Bausch, CEO of Coinbar Group said. “We are pleased to have won Coinbar Group as a strategic […]
June 25, 2018

ConSensys’ Ajit Tripathi: ‘Rebellious Teenager’ Crypto Is Maturing

Ajit Tripathi of ConsenSys, formerly of Wall Street, compares crypto to a misbehaving — but learning — teenager and regulators to his parents in an interview with CT
June 25, 2018

Andreessen Horowitz Has Launched a $300 Million Crypto Fund

Silicon Valley investment powerhouse Andreessen Horowitz (a16z) has launched a new $300 million fund focused on cryptocurrencies.
June 25, 2018

Arbitration Forum Orders More EOS Accounts Frozen, But Apparent Hoax Muddies Waters

After the controversial freeze of seven EOS accounts last week, another freeze order has been issued by the EOS Core Arbitration Forum. But confusion reigns as block producer EOS New York releases a statement about a hoax order.
June 25, 2018

WALLET PROJECT X “WPX” The First Peer-to-Peer Decentralized & Secure DApp, NO FEE Exchange…

WALLET PROJECT X “WPX” The First Peer-to-Peer Decentralized & Secure DApp, NO FEE Exchange Accepting Cryptocurrency and Fiat Currency With Real-Time Market Data, to Provide the Best Exchange Possible in a Secure Environment Powered by Project X Open Source’s X Consensus A Third Generation Smart Contract Multi-Blockchain, to learn more visit PXOS.org By My Disrupt, June 25th, 2018 WALLET PROJECT X “WPX” The First Peer-to-Peer Decentralized & Secure DApp, NO FEE Exchange… was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Research: ETFs Could Lead Bitcoin Price to $35,000 and It Isn’t Far Away

Research: ETFs Could Lead Bitcoin Price to $35,000 and It Isn’t Far Away According to a cryptocurrency research group, the bitcoin price could increase to over $35,000 with the emergence of a bitcoin exchange-traded fund (ETF), which isn’t that far away. Road to $35,000: Institutional investors or ETFs Prominent investors including Ari Paul, the co-founder… The post Research: ETFs Could Lead Bitcoin Price to $35,000 and It Isn’t Far Away appeared first on Altcoin Today.
June 25, 2018

Coinbase Still Struggling with Growing Pains

The explosive growth of cryptocurrency over the last few years is phenomenal. The Coinbase exchange has expanded alongside cryptocurrency but is still struggling with growing pains. It’s been a thrilling ride on the Cryptocurrency Express over the last few years. Bitcoin started off 2017 at around $1,000 but burst upwards to over $19,000 by the end of the year. Bitcoin’s success had a positive effect on altcoins as they too gained in value. This led to a massive influx of people looking to trade, which has led to some issues with San Francisco-based Coinbase. Explosive Expansion As the cryptocurrency space expanded, more and more people were looking to trade, and Coinbase became a popular option. The cryptocurrency exchange had 4.7 million users in 2016. That number surged to a whopping 11.7 million users by October 2017. This represents an increase […]
June 25, 2018

Looking Beyond the Lightning Network Hype: Every Day Users Experience Issues

Over the past few months, there’s been a lot of headlines and new wallets created for the notorious Lightning Network — The second layer payment protocol that’s being touted as a solution to the BTC chain’s scaling issues. The project is in its very early stages as the technology is still in beta, but people are actually using the protocol on main-net with real funds. So far this technology still seems very far away, and some people looking beyond the hype are finding individuals and groups who are testing this second layer are running into problems. Also read: Bitcoin and Mnemonics: The Art of the Secret Phrase  Lightning Network Tipping Turns Out to be Not So Easy For a while now in the cryptocurrency space people have been hearing about the Lightning Network (LN), new LN wallets, and areas on the internet […]
June 25, 2018

After US Blocks MoneyGram Acquisition, Ant Financial Launches Blockchain-Based Remittance Service

“Traditional financial institutions serve 20 percent of people and make 80 percent of profits. New financial institutions should [serve] 80 percent of people and make 20 percent of profit,” declared Jack Ma, executive chairman of Alibaba.
June 25, 2018

Tron Claims Its Blockchain Is Live, But Its Token Migration Isn’t Over

Tron says its technology officially went live today, but the migration of its users funds from ethereum to its mainnet has yet to be fully completed.
June 25, 2018

Bitmain Raises $400 Million Prior to its $12 Billion ICO, Growing Dominance

Bitmain Raises $400 Million Prior to its $12 Billion ICO, Growing Dominance Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.com and Antpool, contain 27% and 15.3% of Bitcoin’s hashrate respectively. Bitmain surprisingly owns and manages… The post Bitmain Raises $400 Million Prior to its $12 Billion ICO, Growing Dominance appeared first on Altcoin Today.
June 25, 2018

Bitcoin to $5000 By End of Summer, Suggests Chief Trader

There is only one question on the mind of cryptocurrency enthusiasts at the moment: Where will Bitcoin go from here? According to one expert trader, the outlook does not look promising this summer.  Cryptocurrency is ‘Vulnerable’ Bitcoin dropped to a new yearly low of roughly $5750 before experiencing a rescue bounce of sorts back up to roughly $6200. At the time of this writing, Bitcoin is trading at $6156 — but Jordan Hiscott, Chief Trader at Ayondo Markets, thinks the worst has yet to come. Hiscott told Express.co.uk that he expects prices to decline further as the dog days of summer progress, noting: The ability to trade and get access to both positions and funds hugely affects the perception of the stability of crypto assets as a whole. This is important as not having the backing of governments, unlike fiat currencies, […]
June 25, 2018

What Is That Mysterious About the Bitcoin Block Hash 21E800

The crypto community has been in hysteria over block #528249. With its block hash 21e800 having such a low probability of occuring, some members of the crypto community believe there is a hidden message from Satoshi Nakamoto. What could be the other explanations?
June 25, 2018

Japan’s Finance Minister Wants to Change Crypto Taxation, Doubts Public Acceptance

Japan’s Minister of Finance suggests changing crypto tax group to “separate self-assessment taxation,” but thinks public may not think it is fair
June 25, 2018

Monero Price: Big Gains may not Result in Stable Support

It has been a rather interesting 24-hour period for most cryptocurrencies on the market today. Interestingly enough, most people tend to overlook the Monero price in this regard. While it may not be in the top 10 any longer, it is evident the 24-hour gains should not be overlooked by any means. Monero Price Surge is Surprising For one of the top cryptocurrencies with perhaps the lowest trading volume of the top 15, the Monero price is doing surprisingly well. Although this gain is mainly materializing thanks to the rise in Bitcoin’s value, it would appear this anonymity-oriented altcoin is in high demand as of right now. Whether or not that is due to its rising popularity on the darknet, remains to be seen. Even so, the Monero price has noted a strong 5.67% value increase in the past 24 […]
June 25, 2018

How Did ICOs Raise Over $10B in 2018 Despite the Bear Run?

When the bumpy ride began for Bitcoin in January, it was hard to see the ICO funding landscape continue its momentum from 2017. But here we are in June 2018 with the numbers looking better than ever. The Conundrum While the dominant cryptocurrencies, BTC and ETH have been slipping, ICO funding has in fact gone up. One might expect mega sales like Telegram and EOS to have skewed this data, but the $10B raised so far in 2018 is almost twice as last year. This seems counter intuitive as one would expect a bull run like 2017 to supplement ICO funding, and not a bear run like 2018. However, Prospect Theory does provide an explanation for this unusual occurrence. Prospect Theory: Loss-Aversion Prospect Theory is a behavioral economic theory developed by Nobel winner Daniel Kahneman and Amos Tversky. The theory analyzes […]
June 25, 2018

Diamond Offshore Drilling Announces Blockchain Drilling Service

The contract offshore drilling company will offer a blockchain-based application for optimizing well construction and related activities, with a focus on supply chain management.
June 25, 2018

Blockchain CEO Says Bitcoin Adoption Will Take Long Time, Survivors Will Win

Blockchain CEO Says Bitcoin Adoption Will Take Long Time, Survivors Will Win CNBC’s Brian Kelly believes that sentiment surrounding the cryptocurrency market has hit the bottom, along with adoption rates. But Peter Smith, CEO of Blockchain, believes that this should be of no worry as users should stay in the market “for the long haul.”… The post Blockchain CEO Says Bitcoin Adoption Will Take Long Time, Survivors Will Win appeared first on Altcoin Today.
June 25, 2018

Alleged Fraudster Arrested in China Over $15M Mining Hardware Con

When making investment decisions it is always important to remember the old saying, “If something looks too good to be true, it probably is.” This is especially true if anyone promises you a bitcoin mining rig, which people wait for months in advance, at just a third of the retail price. Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin The $15 Million Sting The cryptocurrency market is usually hit with rather sophisticated cyber crimes like ransomware, hacking and malicious code injections. Still, good old fashioned methods of separating people from their money have not disappeared. A new example of this comes from China where a man allegedly made about $15 million by just appealing to people’s greed, promising mining hardware at a huge discount, and simply running away with the money. Mr. Zhang, a resident of […]
June 25, 2018

Do The Exits Of TRON And ICON Indicate Trouble Brewing For Ethereum?

Is the timing of the departures a coincidence or a reflection of deeper problems?
June 25, 2018

Gift Cards Highlight the Potential of Spending Crypto as Actual Currency

The number of use cases related to cryptocurrency is relatively small. Especially for regular consumers, there is little to no appeal in this regard. As such, gift cards may present an interesting stepping-stone toward taking cryptocurrency mainstream in the years to come. Gift Cards and Crypto People who have been involved with cryptocurrency for some time now know of gift card services related to Bitcoin. Gyft and eGifter are two interesting examples in this regard. Users can purchase major brand gift cards with cryptocurrency. As such, they can – indirectly – spend cryptocurrency at said retailer whenever they feel the need to do so. It is a concept that works quite well, although still only targets a niche market. Another interesting solution comes in the form of Fold. This mobile application lets users buy virtual Starbucks debit card balances with […]
June 25, 2018

How blockchain is changing banking, and why Ripple could disrupt the entire industry

How blockchain is changing banking, and why Ripple could disrupt the entire industry was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Spain’s Securities Market Watchdog Completes Blockchain Test

A pilot test was successfully conducted for a Spanish-backed blockchain project to increase the efficiency of registering issuances.
June 25, 2018

Coinbase: Over 100 Pages of SEC Complaints Reveal Fraud Allegations

Leading U.S. cryptocurrency exchange Coinbase is under heavy criticism by its users for being underprepared to handle increasing demand. Coinbase Not Ready For Its Own Success The criticism was documented by a five-month Freedom of Information Act (FOIA) process, which comprised a total of 134 pages of complaints filed by users of the exchange with the U.S. Securities and Exchange Commission (SEC). Mashable obtained the complaints received by the SEC and the California Department of Business Oversight filed by users of the leading U.S. cryptocurrency exchange. Widespread frustration with the platform is evident as customer service fails across the board. However, this is not the first time Coinbase is under the public’s crosshair. In December, traders accused Coinbase of “insider trading” following events of the failed Bitcoin Cash (BCH) launch on GDAX. In March, the exchange was also hit with a […]
June 25, 2018

Bitcoin Price Watch: Currency Jumps By $200

At press time, the father of cryptocurrencies has incurred a $200 rise and is now trading for roughly $6,300. This marks some good news for investors and traders, who up to this point, have probably lost some serious cash after bitcoin fell by over $1,500 in just the last two weeks. In early June, the currency was trading for roughly $7,600, where it hovered for some time. Unfortunately, while many traders were waiting for $8,000 next, bitcoin had other plans, and decided to take a little trip down south – all the way to $6,100, where it has been trading at for the last 72 hours. According to Fortune Magazine, the bitcoin hype has come to a screeching halt thanks to new reports that the price was subject to mass manipulation through trading schemes that involved tying bitcoin to Tether. […]
June 25, 2018

The Future of Decentralized Exchanges: What do DEXs have for Cryptosphere.

The Future of Decentralized Exchanges: What do DEXs have for Cryptosphere. was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Who Killed the ICO?

There is a lot of talk about securities tokens, but they don’t apply for networks and applications. If you register a token as a security then you can’t use it in your application or you will then be trading securities every time someone wants to participate in your game or dating app, or whatever you’ve […] The post Who Killed the ICO? appeared first on Blockchain Beach | Blockchain News and Events.
June 25, 2018

World’s Fourth Largest Crypto Exchange Huobi Appoints CEO for New US Platform

Crypto exchange Huobi has appointed former photography app Meitu exec Frank Fu as CEO for its newly launched U.S. platform
June 25, 2018

KaratGold Coin (KBC) Gets Enlisted on HitBTC Following One the Biggest ICO’s ever in History

KaratGold Coin (KBC), a game changing cryptocurrency representing cryptonized gold that can be transferred cost efficiently, securely and in real-time across borders, is now listed in HitBTC. A venture from… Continue reading “KaratGold Coin (KBC) Gets Enlisted on HitBTC Following One the Biggest ICO’s ever in History” The post KaratGold Coin (KBC) Gets Enlisted on HitBTC Following One the Biggest ICO’s ever in History appeared first on .
June 25, 2018

PR: Ingot Leads the Formation of Komorebi Alliance

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It is no secret that the recent volatility in the market has been extreme with Bitcoin and Ethereum prices in freefall. Market participants are suffering losses but also given the opportunity to invest at lower prices to gain if the market pulls up. Cryptocurrency investor Brian Kelly, states on CCN “Referring back to the basic rule of investing, Kelly noted that during a period in which the market is extremely bullish and optimistic, it is better to sell and eye a timely opportunity to enter and when the market is overly pessimistic, it is wise […]
June 25, 2018

Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds

International shipping giant Merck may be looking to blockchain technology to protect against counterfeit goods, according to a patent application.
June 25, 2018

Banks Have Become Skeptical of Crypto: Swiss National Bank Executive

When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability. This is according to an alternate member of the Swiss National Bank’s governing body, Thomas Moser. In his view, it has now become a waiting game in which everyone is waiting for someone else to make the first move. While issuing digital currencies has some advantages for central banks, they pose huge risks which outweigh the benefits. In the long term, central banks will probably issue digital currencies, but for now, it’s unlikely that any central bank will take the risk, Moser stated. Too Many Rough Edges Initially, there was a lot of interest in cryptos as everyone considered the implications they would […]
June 25, 2018

Controversial Tether Releases $250 Mln in USDT, Twitter Awaits Bitcoin Price Jump

Tether issues 250 million more USDT tokens, commentators discuss possible BTC price jump
June 25, 2018

Veridium Announces Stellar Partnership and New Advisory Board Members

Veridium Announces Stellar Partnership and New Advisory Board Members   HONG KONG, June 2018: Veridium Labs Ltd ,an environmental blockchain company that has created the world’s first environmental social impact token, is announcing today two company developments: the addition of new key advisory board members and a partnership and integration onto the Stellar Network. Last month, Veridium… The post Veridium Announces Stellar Partnership and New Advisory Board Members appeared first on Altcoin Today.
June 25, 2018

Abandoned Intel Manufacturing Complex Bought for $13M to Mine Bitcoin

Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm.    Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin New 85,000 Square Feet Mining Operation 3G Venture II, a California-based company, has paid $13 million for a big chuck of an abandoned Intel chip manufacturing complex at Garden of the Gods Road in Colorado. The owner of the company, John Chen from Los Angeles, reportedly plans to use the facility to mine bitcoin. The deal includes 30 acres and over 700,000 square feet in several buildings, with bitcoin mining planned for three buildings, totaling about 85,000 square feet, […]
June 25, 2018

25/06/2018: Biggest Stories in the Cryptosphere

by BlockEx 25/06/2018: Biggest Stories in the Cryptosphere was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Nvidia Suffers a Setback as Demand for Mining GPUs Plummets

The past twelve months have been interesting for graphics card manufacturers. Both AMD and Nvidia benefited from the sudden cryptocurrency mining craze. For the latter company, they may have overestimated the popularity of this trend. As such, there is now an excess of GPU inventory, which poses its own set of problems. Crypto Mining Takes off Given the massive increase in the cryptocurrency prices throughout late 2017 and early 2018, an interesting trend took place. More specifically, there was a major increase in the demand for GPUs. For Nvidia and AMD, this was considered a positive development. Being able to sell more units due to this trend was quite a bonus. Now that everything has returned to normal, demand for GPUs is tapering off. Nvidia may have overestimated the popularity of cryptocurrency mining after all. After announcing no new generation […]
June 25, 2018

Japan: VPs of Crypto Self-Regulatory Body Quit After Receiving Exchange Compliance Orders

Japan’s Virtual Currency Exchange Association has lost both its vice presidents, after their exchanges received regulatory notices
June 25, 2018

China’s Crypto Ratings Index Puts EOS in Top Slot, Drops Bitcoin

China’s Global Public Chain Assessment Index has released its second monthly evaluation of blockchain networks – with perhaps surprising results.
June 25, 2018

Tezos, A Launch Story: What’s Left Before the $232 Million Tech Goes Live?

Tezos announced its handing the blockchain over to the community after launch. And that’s not the only way the project is similar to EOS.
June 25, 2018

New Data Shows No Evidence of Bitcoin Price Manipulation as Whales ‘Hodl’

The mainstream media narrative that Bitcoin is a “ponzi scheme” and bagholders are selling is false, new data showing Bitcoin user ‘hodl’ behavior claims. Whales Are ‘Hodling’ The findings, uploaded to Twitter by commentator and researcher BambouClub June 25, focuses on so-called ‘Bitcoin days destroyed’ (BDD) as a variable by which to judge investor sentiment, which he explains is “totally unaffected” by bitcoin price 00. In line with other recent research pieces, BDD trends from Bitcoin’s creation in 2009 to the present day demonstrate that more Bitcoin holders are storing, rather than trading or selling, their bitcoins. The trend runs contrary to opinions in many mainstream news media pieces, which claim Bitcoin is a “bubble” or has had its halcyon age and will now only disappoint – or even defraud – investors. “…BDD fell sharply in Jan ’18 and has […]
June 25, 2018

Former GoDaddy VPs Developing a Mobile-Focused Blockchain Payments System

The blockchain industry has been attracting the best minds from some of the most renowned institutions in the world. Whether to launch their own startups or join the boards of existing ones, these high-ranking executives have left their lucrative posts with the firm conviction that blockchain technology is the future. Two former GoDaddy executives are just the latest to make the switch to launch Celo, a blockchain-based platform for fast, secure and cost-effective mobile payments. Celo promises to make mobile, blockchain-powered payments as easy as sending texts. The startup has received the backing of some of the most renowned venture capital firms and individuals including the CEO of Twitter and Square, Jack Dorsey. Fighting the Monopolization of the Internet Like many other blockchain enthusiasts, the founders of Celo are led by a burning desire to fight for the little man. […]
June 25, 2018

How Can 0x Help You Build Decentralised Applications

How Can 0x Help You Build Decentralised Applications was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Building A Cross-Game Item Future

In-game items are the main drivers of revenue in free-to-play game economies, and yet we’re still a long ways away from unlocking their true potential. Dated game design techniques have kept our items trapped in 1-sided game economies, hidden behind in-app purchase-locked loot boxes. What if we release them from these shackles, and make our in-game items usable across ALL our games? This is a new frontier enabled by cross-game items. It will create a wealth of opportunities — not just for players and developers — but also for a vast spectrum of value creators that are yet to be discovered. Building A Cross-Game Item Future was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Major European Regulator, Banks Collaborate on Blockchain Warrant-Issuance System

Eight European financial giants are working together on a blockchain system to track the issuance of warrants
June 25, 2018

Blockchain Workshops: The Complete List For 2018

Blockchain Workshops: The Complete List For 2018 was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

EOS Price: Solid Double-Digit Percentile Gains Paint Interesting Outlook

It is oddly refreshing to see all cryptocurrency markets in the green after another troubling weekend. With all currencies losing anywhere from 4% to 25% between Friday afternoon and Sunday evening, things were not looking good by any means. If the EOS price is any indication, those losses will be recovered fairly quickly. EOS Price Rises Again As is usually the case when all cryptocurrency markets lose a lot of value, the underlying reason is anything but obvious. This past weekend was no different in that regard, as all markets suffered from a massive setback. In the case of the EOS price, those losses were quite steep, but so are the gains in the past 24 hours. To put this into perspective, the EOS price dropped from over $9.6 all the way to $7.1 over the course of the weekend. […]
June 25, 2018

McAfee Resurfaces After Alleged Assassination Attempt

Perhaps the most exciting person within the cryptocurrency space to follow is McAfee Antivirus creator John McAfee. Controversial in the world of crypto for his knack of influencing ICOs and shitcoins through his personal Twitter account, McAfee seems to find himself in increasingly bizarre and dangerous situations. However, the events of the past few days have certainly been out of the ordinary, to say the least, even for a man like McAfee. The incredibly transparent nature of the eccentric cybersecurity magnate’s Twitter account has made @officialmcafee a likely follow for anyone in the cryptocurrency space. However, McAfee’s tweets over the past couple of days have highlighted something much darker and somber than usual. According to his Twitter, days prior, John McAfee was subjected to a failed assassination attempt. I apologize for my three day absence but I was unconscious for two days […]
June 25, 2018

Cryptic Labs and LongHash form strategic partnership for blockchain research

Cryptic Labs and LongHash today announced a strategic partnership to co-incubate blockchain start-ups and to promote the understanding and research of cryptography in the context of blockchain technology…. Cryptic Labs and LongHash form strategic partnership for blockchain research
June 25, 2018

Here Are Some More Things That Really Don’t Need Blockchain

Every week, the news.Bitcoin.com inbox, and that of every other crypto newsdesk, fills up with press releases festooned with gratuitous use of the word ‘blockchain’. We’re not against blockchain technology – all of our favorite cryptocurrencies are reliant on it – but we’re vehemently against things being given blockchain that have no right to that moniker, like the following examples. Also read: Bitcoin and Mnemonics: The Art of the Secret Phrase Blockchain, Because 2018 Bemoaning gratuitous appropriation of blockchain isn’t anything new; this publication, and many others, have been bemoaning its brand-jacking for months. Since PR companies don’t seem to have taken the hint, it behoves us to name and shame some of the more egregious cases, in the hope that others take the hint. We’ll start with Our Music Festival. The event, scheduled for San Francisco on October 20, will […]
June 25, 2018

Chinese Police Arrest Man for $15 Million Bitcoin Mining Machine Fraud

A man in China has been arrested for reportedly conning $15 million worth out of 50 investors after claiming he had a reliable supply of Bitcoin mining machines. Defaulting on Orders The suspect, surnamed Zhang, is from eastern China in the Anhui province. Zhang is in his 20s and is reported to have written in online posts that he had a reliable supply of Bitcoin mining machines. According to a report from the South China Morning Post, late last year saw high demand for these machines. This was due to increasing Bitcoin prices. At the time, market values for a Bitcoin mining machine were around 30,000 yuan, or $4,600. However, the suspect was charging only 10,000 yuan, or $1,500. There was also the promise that they would be delivered two months after payment had been received. Investors who may have initially been […]
June 25, 2018

Crypto Exchange Huobi Poaches App Exec to Lead New US Branch

A senior executive from the provider of China’s top photo-retouching app will now lead HBUS – the U.S. arm of crypto exchange Huobi.
June 25, 2018

Jeff Garzik’s Metronome ICO Sells 50% Of Tokens to ‘Three Investors’

Former Bitcoin core developer Jeff Garzik has sold almost half of the available tokens in his Metronome project’s initial coin offering to just three investors. Metronome: Empty-Handed Investors Vent Scorn Data from the Ethereum Blockchain confirms the giant transactions, which appear to have angered potential investors who claim they were unable to purchase tokens themselves. Metronome, which Garzik initially revealed via his startup Bloq in October 2017, is designed to be a cross-blockchain cryptocurrency affording users the ability to ‘swap’ between different cryptocurrencies’ blockchains using the same coin. Coming at the height of Bitcoin community controversy over SegWit2x — which Garzik endorsed — Bloq nonetheless claimed Metronome would constitute a “thousand-year cryptocurrency.” “Institutional investors should be very excited to see something like this,” co-founder Matthew Roszak said at the time, as quoted by Bloomberg. Final day (action day) of the #Metronome […]
June 25, 2018

Billionaire Novogratz Is Investing Hundreds of Millions of Dollars in Bitcoin and Crypto Startups

Mike Novogratz, a billionaire investor who formerly managed Fortress Investment Group and Goldman Sachs, is said to be investing hundreds of millions of dollars in emerging Bitcoin and crypto startups. Chasing Big Money This week, Business Insider reported that an insider within Mike Novogratz’s cryptocurrency company and investment firm Galaxy Digital has said that the firm secured hundreds of millions of dollars from its clients and other investors in the traditional finance industry to back innovative and emerging crypto startups that can bridge the gap between Wall Street and the cryptocurrency markets. Initial coin offering (ICO) projects and custodian solution providers will likely be the focus of Galaxy Digital, given the interest of Novogratz in Ethereum and highly anticipated ICOs like EOS, and his specialty in the traditional finance sector. For many months, multi-billion dollar companies within the cryptocurrency market […]
June 25, 2018

Bringing in old-school traders to crypto

Bringing in old-school traders to crypto was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 25, 2018

Will Blockchain Produce a New Generation of Retail Algorithmic Traders?

Even as cryptocurrency trading expands in popularity, the complexities of the market keep it somewhat inaccessible to many retail traders. Unlike the rigidly scheduled equities markets, cryptocurrencies are traded around the clock and experience significant volatility even from minute to minute. For most everyday market participants, this means losing out on opportunity windows and an uncertain trading outlook. Yet, the challenging features have concurrently encouraged solutions that, while once pertaining exclusively to equities and other established asset markets, are now being given a technological upgrade thanks to blockchain. Algorithmic trading tools were once solely the purview of sophisticated institutional investors. With automated searches, analytics, and preset trades programmed to execute if conditions were met, algorithmic trading meant decisions could be made in mere milliseconds. Now cryptocurrency is getting the same treatment thanks to blockchain. For companies creating cryptocurrency trading platforms and […]
June 25, 2018

IdenityMind and blockchain developer Applicature sign referral agreement

IdentityMind Global, a SaaS platform that builds, maintains and analyzes digital identities and Applicature, a blockchain development agency working on projects in the blockchain and cryptocurrency industries, announced the signing… IdenityMind and blockchain developer Applicature sign referral agreement
June 25, 2018

Bitcoin ETFs Could Help BTC Price Reach $35,000 Dollars

During the last years, there have been several attempts to create Bitcoin and cryptocurrency exchange-traded funds – also known as ETFs. This time, according to a cryptocurrency research group, the… Continue reading “Bitcoin ETFs Could Help BTC Price Reach $35,000 Dollars” The post Bitcoin ETFs Could Help BTC Price Reach $35,000 Dollars appeared first on .
June 25, 2018

Huobi’s U.S. partner HBUS appoints Frank Fu as CEO

HBUS, the exclusive, soon to launch U.S. strategic partner of Huobi, one of the top blockchain asset and crypto exchange providers, today announced the appointment of Frank Fu as Chief Executive… Huobi’s U.S. partner HBUS appoints Frank Fu as CEO
June 25, 2018

Crypto-IoT security startup Acreto partners with New Alchemy to manage token sale

Crypto-IoT security startup Acreto announced they will partner with New Alchemy, a blockchain consultancy to run its upcoming token sale. Acreto’s platform secures distributed and mobile ecosystems, and… Crypto-IoT security startup Acreto partners with New Alchemy to manage token sale
June 25, 2018

Researchers at MIT Create a Robot That Is Controlled by the Human Brain

Researchers at the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory (CSAIL) program have created a robot that can be directed to carry out complex tasks and movements simply by watching the user and receiving signals from the human brain. Robot That Learns From Humans This week, MIT showcased a robot that can be fully controlled with brainwaves and hand gestures without being in direct contact with the hardware. As seen in the video provided by MIT below, the robot system, dubbed Baxter, allows users to assist robots in carrying out certain tasks and instantly correct mistakes made by the robot with brain signals and finger movements. The MIT researchers’ motivation for creating the brainwave and finger movement-driven robot is to allow a human to lead and control an array of robots carrying out tasks that may be […]
June 25, 2018

Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill

In today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their crypto holdings, while a Republican Rep. calls for “light touch” ICO regulations. Also read: This Week in Bitcoin: McAfee Backs Off, Crypto World Cup and the Mystery of 21e8 Chief of Strategy Leaves Trading Platform Bitfinex Phil Potter, the Chief Strategy Officer of Bitfinex, is leaving his post at the exchange, Reuters reported quoting both him and the company. Potter will be replaced by Chief Executive JL van der Velde, Bitfinex announced. Speaking of new opportunities he did not specify, Potter stated: As Bitfinex pivots […]
June 25, 2018

Leading Chinese Bitcoin Miner Manufacturer Files for IPO in Hong Kong

One of China’s largest Bitcoin mining hardware makers, Ebang Communication, has filed an application for an IPO with the Hong Kong Stock Exchange
June 25, 2018

AlipayHK Opens Blockchain Remittance Corridor to the Philippines

The payment affiliate of China’s e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.
June 25, 2018

Bitcoin’s Defense of $6K Raises Odds of Relief Rally

Bitcoin could trade on a positive note for the rest of the week, if prices close today above Sunday’s high of $6,250.
June 25, 2018

Summer Bitcoin Analysis: The Good, The Bad, And The Ugly

The price action of Bitcoin is on everyone’s mind as we roll steadily towards the start of 2018’s third quarter. Let’s take a look at a few different scenarios for the rest of Bitcoin’s summer and the second half of the year.  To The Moon And Back It is best that we first take a look at the Bitcoin chart on a macroscopic level to get an idea of where we have been, as well as the potential avenues we could go down for the remainder of 2018. Below is the daily Bitcoin price from the end of April 2017 until the present. Looking at the beginning of September 2017, Bitcoin reached a then-all-time high of $5,000. At that time, the level acted as a resistance and sent the price back down for a re-test of the previous top of […]
June 25, 2018

John McAfee Remains Bullish About Bitcoin’s Price Amid Decline

The important cybersecurity and cryptocurrency figure, has shown support for Bitcoin amid a bear market. Bitcoin has been traded under $6,000 for some time. And this has been worrying some… Continue reading “John McAfee Remains Bullish About Bitcoin’s Price Amid Decline” The post John McAfee Remains Bullish About Bitcoin’s Price Amid Decline appeared first on .