Many in Japan feared its cryptocurrency market would grind to a halt following the hack of the Tokyo-based exchange, Coincheck. It appears that those fears were unwarranted, however, as the exchange is set to remain operational under Monex Group. More Than Profitable Monex Group Inc., a Japanese online brokerage, finalized its acquisition of Coincheck last week for nearly 3.6 billion yen ($33 million). The acquisition comes after Coincheck’s security was penetrated on January 26th, earlier this year. Hackers breached the firm’s unsecured digital wallet and were able to steal NEM currency valued at $534 million at the time of the theft. After the hack, Coincheck vowed to reimburse NEM users who lost funds, estimated to cost the company $430 million. The official announcement of the acquisition came on April 6th from Monex CEO Oki Matsumoto. It’s been known for some […]
Google Co-Founder Highlights Crypto Mining Impact In a letter to investors, Google co-founder Sergey Brin said that demand for the powerful computers used to mine ether and other cryptocurrencies has contributed to a “boom of computing.” Brin wrote Saturday that several factors have led to a surge in computing power that has seen search giant Google’s own… The post Google Co-Founder Highlights Crypto Mining Impact appeared first on Altcoin Today.
Ripple’s Enterprise Blockchain Network Adds a New Bank Ripple’s global network of banks and payment providers has a new member. Announced Monday, BankDhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology, a press release states. As such, the… The post Ripple’s Enterprise Blockchain Network Adds a New Bank appeared first on Altcoin Today.
On Tuesday, reports regarding the notorious Facebook investor and venture capitalist Peter Thiel and his Founders Fund was revealed. According to sources familiar with the matter, Thiel’s fund has made an investment in the startup Tagomi, a firm that plans to execute cryptocurrency buy and sell orders as a brokerage service dealing with institutional investors and family offices. Also read: This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification Peter Thiel’s Founders Fund Helps Inject $15.5 Million in Capital Into the Cryptocurrency Startup Tagomi Systems The Peter Thiel Founders Fund is betting that institutional investors want to get in on bitcoin and cryptocurrency markets. Thiel’s venture-capital firm maintains the biggest portfolios in Silicon Valley and just recently it made an early-stage investment in Tagomi Systems Inc. The Wall Street Journal reports that Tagomi is a startup […]
Ethereum Price Technical Analysis – Can ETH/USD Break This? Key Highlights ETH price started an upside move and recovered above the $640 resistance against the US Dollar. There is a major bearish trend line forming with resistance at $674 on the hourly chart of ETH/USD (data feed via Kraken). A break above the $674 and… The post Ethereum Price Technical Analysis – Can ETH/USD Break This? appeared first on Altcoin Today.
The Central Bank of the Argentine Republic (BCRA) has this month eased regulations regarding automatic teller machines in the country. The (perhaps unexpected) upshot of this has been a plan to install 4000 new crypto-enabled ATMs. Rules, Rules, Rules The new regulations do not contain any direct reference to bitcoin or cryptocurrency. Rather, they allow the installation of ATMs in non-banking establishments, such as supermarkets, shopping centers, and cinemas. In addition, the regulations allow independent players into the market. Until now there have only been operating licenses for the local Banelco and international Link networks. And all of the ATMs belonging to these two networks have been on banking premises. The Central Bank has provided a framework of rules by which independent and third-party tellers can integrate into the existing payment system. So… Cryptocurrency How? One of the first major players […]
Blockchain Beach attended Day 1 of the largest Crypto event in Los Angeles. Read below for some highlights or you can see the full set of our live tweets here. The opening Keynote came from Hashgraph CEO, Mance Harmon. He had a surprising quote: “First off, @hashgraph is not a Blockchain.” –@ManceHarmon pic.twitter.com/bdBOtCcgzY — Blockchain […] The post Crypto Invest Summit: Day 1 Recap appeared first on Blockchain Beach | Blockchain News and Events.
Bitcoin Cash Price Technical Analysis – Can BCH/USD Break 100 SMA? Key Points Bitcoin cash price started a recovery and traded above the $1,300 level against the US Dollar. There is a key connecting bearish trend line forming with resistance at $1,365 on the hourly chart of the BCH/USD pair (data feed from Kraken). The… The post Bitcoin Cash Price Technical Analysis – Can BCH/USD Break 100 SMA? appeared first on Altcoin Today.
The list of crimes to earn the opprobrium of IOTA fans is growing by the day. Journalists who fail to pen fawning hagiographies of David Sønstebø and his team are singled out for persecution by IOTA acolytes. But it’s not just reporters who are blacklisted: anyone who tweets a link to an IOTA story – or who even likes a tweet – is also deemed an enemy combatant. Also read: London-Based LBX Exchange Adds Bitcoin Cash to Its Offerings IOTA’s Defenders Go on the Warpath As someone famous once said, “The essence of propaganda consists in winning people over to an idea so sincerely, so vitally, that in the end they succumb to it utterly and can never escape from it.” It’s an ethos that a subset of the IOTA community have taken to heart. Last week, the Financial Times’ Jemima Kelly […]
Furthering its interest in blockchain-based technology, MasterCard has filed a patent for a system designated to increase the speed with which blockchain nodes are being verified. It seems the bees in the company’s crypto department have been busier than one may think. Earlier in April, MasterCard Labs, the company’s innovation section, said that they’re looking to hire 175 more staff members, including blockchain experts. The company has now filed another blockchain-related patent, dated April 26th, for a system that would supposedly take care of a rather pressing issue. The Problem at Hand In the aforementioned patent application, MasterCard clearly outlines some of the benefits of using blockchain-based technology, saying that: One of the benefits of the blockchain is it can serve as an immutable ledger that stores a record for every transaction ever conducted via that blockchain. As such, […]
Ever since Reddit pulled the plug on r/darknetmarkets, deep web users have been starved of real time information on trustworthy sites and vendors. Deep Dot Web is one of the few remaining clearnet portals where information on darknet markets (DNMs) can be found. DNMs were bitcoin’s first “killer app”, and to this day provide one of the most tangible uses for cryptocurrency. Also read: Six Alternatives to Telegram for Cryptocurrency Communities Without the Darknet We Probably Wouldn’t Be Here It is no exaggeration to say that were it not for deep web marketplaces, and specifically Silk Road, there’s a chance that bitcoin might never have taken off. At the very least, its adoption would have been hindered. VCs courting crypto funds; entrepreneurs seeking to tokenize the world; startups putting improbable things on the blockchain; ICOs amassing ether: none of these things […]
KR1, one of the first token investment funds backing digital-asset based organizations today announced that the company has made partial sells of several of its holdings over the last quarter. The sales include iXLedger, formerly InsureX (IXT) project, Bluzelle (BLZ) project,… KR1 takes profits on IXledger, Bluzelle and Enigma tokens; buys WAVES
BRD, a cryptocurrency wallet application service for iOS and Android today announced its “Augustus” release is finally here. The BRD team said that this release marks its “biggest update ever and marks a major milestone on its journey from simple bitcoin… BRD crypto wallet app releases major “Augustus” update
Square shares slipped slightly after Andrew Left of Citron, a stock commentary source, alleged that the company’s bitcoin trading was insignificant and overhyped. Square Shares Decline Square stock dipped briefly on April 30 losing 3.8 percent to land at $45.76 per share. The stock later rebounded but still closed out with a 0.48 percent loss. This decline followed a tweet by Citron on April 30 saying that Wall Street was “drunk on bitcoin.” This statement appears to a reference to the bitcoin trading on the P2P Square Cash app. Citron also declared that the volume of bitcoin trading on the company’s platform had been insignificant despite the hype. $SQ Short term tgt $30 started as innovative pymt co. – now just another processor. 15x rev growing slower than $FB. Collection of yawn businesses. WallSt drunk on Bitcoin nonsense, SQ-Cash to BTC […]
There’s a constant feud these days between Bitcoin Core (BTC) supporters and Bitcoin Cash (BCH) proponents right down to the nitty-gritty of nearly every topic in the space, and the arguments continue to this day, relentlessly. One such example is the Bitcoin Cash article hosted on Wiki has been page protected for a couple weeks now for “vandalism.” Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million Bitcoin Cash Wiki Article Gets Locked Down Due to Constant Vandalism The Wikipedia website is a collaborative effort that allows anyone to edit and contribute additions to Wiki articles for the sake of documenting history online. So often times subjects are edited by anyone online but, if the subject is contentious, an ‘editing war’ can erupt. This means editors argue about the neutrality of the article and Wiki’s dispute […]
The Financial Services and Treasury (FSTB) of Hong Kong has released its Money Laundering and Terrorist Financing Risk Assessment report which indicates that cryptocurrencies are left out of organized crime or ML/TF concerns. Amid the growing crypto-related regulatory chaos and tense debate on the matter of combating financial crime, the FSTB released a report which sheds light on a few key matters. Crypto is Not a Threat. Period. The cryptocurrency market has long been the subject of criticism and negativity – not just by so-called ‘experts’ but by government banks and agencies as well. To add insult to injury, the vast majority of the arguments against crypto lack any hard, verifiable facts. Earlier in April, Mark Carney, Bank of England’s governor, once again bashed cryptocurrency, claiming that a ‘huge amount’ of illicit activity is run through cryptocurrency. Yet, the facts, […]
Coinmama, a service which allows easy premade package buying of bitcoin and ether, has this past week added Litecoin (LTC), Cardano (ADA), and Bitcoin Cash (BCH) to its easy to buy token packages. The service is available in 188 countries,… Coinmama adds buy support for LTC, ADA, and BCH
Venezuela is leveraging its oil wealth to shoehorn president Nicolas Maduro’s Petro cryptocurrency into foreign markets. Coinsecure Goes For Petro? The practice came to light following local media in India reporting Caracas had offered a 30% discount on its crude oil imports if the government paid in Petro. At the same time, a delegation visited India in March and came to an agreement with embattled local Bitcoin exchange Coinsecure to offer the trading of Petro for Bitcoin and rupees. By the same token, other exchanges could interact with the coin through a white label agreement, Business Standard reported on April 29. Coinsecure CEO Mohit Kalra told the publication: That would be run by their brand name, but the back-end will be us. We plan to provide them with 10-15 cryptocurrency players. Kalra: Venezuela ‘Going To Different Countries’ Venezuela has seen mixed reactions […]
Circle, the peer-to-peer payments technology company who acquired Poloniex, the largest altcoin/cryptocurrency exchange in the U.S. back in February 2018 has made their first mark announcing today new and improved trading fees for users. The team admitted this was an… Cryptocurrency exchange Poloniex sets new & improved trade fees
Japanese brokers already dominate the global online retail FX and CFD market by trading volumes. And it now looks like they will try to leverage their country’s receptive regulatory environment to expand internationally with crypto too. The latest example is an app in the UK created by two groups headquartered in Tokyo. Also Read: Bitcoin in Brief Tuesday: IOTA Ditched, Bitcoin Taking Over Popular Culture Pipster Z.com Trade, the international brand of Japanese forex giant GMO, has announced it will launch a new FX and cryptocurrency mobile trading application in partnership with Finatext UK. Named “Pipster,” the app is expected to be released for Android and iOS in the coming months. The developers say that the concept behind Pipster is to provide simplified, smarter trading platform to a new generation of traders. It is said to include price indicators based […]
Today May 1st, new Singapore cryptocurrency exchange Kryptono opened for account registration and is expected to open to the public for trading on June 1, 2018. The exchange launched alongside the platform’s native KNOW token. This token will be used… New Singapore crypto exchange Kryptono opens for registration
eXeBlock, today has announced the development of a blockchain sidechain that will allow all bitcoin owners direct access to the company’s decentralized applications (DApps) and DApps being developed by third-party developers. eXeBlock has invested nearly 1,000 hours in programmer and… eXeBlock to begin development of bitcoin payment sidechain
Vertcoin’s official Twitter account was hacked earlier today, with the attackers posting tweets attempting to scam users out of their bitcoins. ‘We’re giving away 10 BTC!’ At around 4:00 PM Tuesday, the Vertcoin Twitter page announced a fake Bitcoin giveaway as a celebration of Vertcoin’s success. The tweet asked users to send 0.005 BTC to an address to enter, with the winner to be announced on May 3. This is an all too common crypto-scam on Twitter, with fake accounts impersonating major players in the space announcing fake ETH giveaways with dozens of replies saying it worked. What makes this scam different, however, is that this is the first time hackers managed to take control of a legitimate account in order to perpetrate the scam. Hey, everyone! Vertcoin and staff are pleased to announce that we’re doing a 10 BTC […]
In the world of smart contracts and ERC20 tokens, independent audits should have been the norm by now. So far, that has not been the case, yet companies such as Quantstamp are trying to make a positive impact in this area. The company recently conducted a security audit of Binance’s ERC20 tokens, and found no real issues to speak of. Binance is Doing the Right Thing It is evident that there is a huge lack of proper independent audits of exchanges, smart contracts, and ERC20 tokens. Although Ethereum’s token standards are impressive and intriguing, there is a real chance that some issues will arise. In particular, the recent issues with ERC20 token smart contracts which allowed for a massively inflated supply have sparked a lot of debate and concern in the industry. This is where Quantstamp and other companies can make a positive impact in the future. […]
Founders Fund, a VC firm backed by billionaire Peter Thiel has invested in a Tagomi System, a new startup that helps big investors trade bitcoin. Greg Tusar, the former electronic trading chief at Goldman Sachs is reported to be one of the startup’s co-founders. Simplifying the Trading Process for Institutional Investment Executing large orders in the crypto market is a tedious process. This is due to the fragmented nature of the cryptocurrency market. There are numerous exchange platforms all over the world with no central connection between them. Also, many of these platforms impose limits on trading volumes and deposits/withdrawals. As a result, many large-scale crypto transactions are executed over-the-counter. With cryptocurrency prices notoriously volatile, the time taken to execute a significant trade could result in enormous losses for the trader. To solve this issue, Tagomi plans to appropriate an automated […]
Mr. Shankar Biswas, BFEX’s co-founder, explains BFEX’s concept in his own words. While counting down on our Pre-Sale, let’s learn more about what we stand for and our solutions for the world’s problem. Credit Decisions need better data BFEX (Bank Future Exchange) plans to break the cycles of debt and repayment, and find ways to build financial inclusion and momentum. Did you know a large chunk of the world’s population does not have a bank account? Financial independence is a pressing modern day issue: people in almost all developing nations experience difficulty receiving financing from traditional financial institutions. Managing their day to day finances is a tough ask. The genesis of this unfortunate story is credit bureaus using archaic credit scores, leaving millions of potentially creditworthy individuals “un-scorable” thereby excluding them and shackling their ability to improve their lives. There […]
The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors. Also Read: Bitcoin in Brief Tuesday: IOTA Ditched, Bitcoin Taking Over Popular Culture The $8 Billion Unicorn San Francisco-based cryptocurrency exchange Coinbase has reportedly seen its market valuation skyrocket to as high as $8 billion. To help put this figure into perspective, Nasdaq Inc., which operates the NASDAQ market and eight European stock exchanges, only has a market cap of less than $15 billion. Last summer, before the bitcoin trading mania reached its peak around the end of 2017, Coinbase was priced by VC investors at an approximated […]
INGOT Group has created a first-of-its-kind blockchain ecosystem named INGOT Coin that promises to link the existing financial markets and the rapidly emerging crypto markets like never before. INGOT Group claims that this specialized ecosystem will make the customers more confident and increase market liquidity, while providing more efficient market pricing and access to funds for a wide variety of stakeholders. April 28, 2018: INGOT Group, a multi-industry company with industry-specific professionals, is all set to bring about a groundbreaking impact on the existing financial markets. By creating a revolutionary blockchain based ecosystem named INGOT Coin (IC), they have finally made it possible to build a new pathway between the crypto and the current traditional market participants, enabling them to diversify their portfolio in an efficient and secure manner. The vision of the IC Ecosystem is to revive the lost unity […]
A few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on trading advice, and lifetime trading advice memberships. The CFTC is looking for restitution of all of the funds solicited, and the case may also see a jury trial. This week news.Bitcoin.com spoke with Patrick McDonnell about the charges against him, and he told us the entire case is “politically motivated” and the charges against him have been “fabricated.” Also read: Japan’s SBI Unveils New Plans to Start an Exchange for Major Cryptocurrencies One Man Against the CFTC and CME Group Earlier this week news.Bitcoin.com spoke […]
Lightstreams, an open ecosystem for streaming music, video and any digital content announced the launch of its blockchain protocol that aims to fix the mounting privacy issues holding back mainstream adoption of the technology. Today, any information stored on a… Lightstreams to launch new protocol to fix blockchain privacy problems
A new initiative called The Blockpass Identity Lab was announced today, which will be built at Edinburgh Napier University’s Merchiston campus as part of a £600,000 collaboration between the university and Hong Kong-based Blockpass. The new research facility will explore ways… Edinburgh Napier University and Blockpass building Blockchain Identity Laboratory
One of the world’s largest providers of human location data to the advertising industry is changing its business model in the wake of the Facebook scandal and is aiming to put consumers back in control by partnering with blockchain-backed data… Streamr and Fysical partner to reshape human location data market
SBI Holdings has made its intention to enter the cryptocurrency industry pretty clear in the past twelve months. The group intended to launch a cryptocurrency exchange in late 2017, but those plans were postponed in the end. It now seems the company has updated its original plans, as the launch of their exchange will still be going ahead in the coming months. SBI Holdings Wants in on the Cryptocurrency Action Japan has proven to be a very open-minded country when it comes to Bitcoin and other cryptocurrencies. It is also one of the few countries in the world where Bitcoin is considered to be a legal form of money. As such, the ecosystem can genuinely thrive in that part of the world without risking government intervention unless things get really dicey. Major companies in Japan have been looking to enter the cryptocurrency […]
All systems are go for The 4th Pillar – a platform which will revolutionize digital identity control in the fields of human resources and finance. The project has officially opened its pre-sale whitelist, offering a 30 percent bonus on a 0.1 ETH minimum investment. Take Control of Your Professional Identity The 4th Pillar has successfully created an environmentally-friendly and futuristic blockchain-based hub which is set to serve, disrupt, and forever change the way both the human resources and finance industries function. The platform will develop the world’s first blockchain-based employee identity ledger, which will provide users with an effective way to enter their work-related information. In doing so, both employers and organizations will receive a revolutionary and indispensable tool to be used in for recruiting. Users on The 4th Pillar platform are given complete control over their professional identity, as […]
Those seeking an immediate and secure way to donate to the Rohingya refugee crisis in Bangladesh have a new avenue thanks to UNICEF Australia, which is continuing its foray into the cryptospace like a growing number of its fellow UN branches.
Bitcoin has fallen by roughly $400 and is now trading for $8,900. Yesterday, we discussed potential resistance between the $9,000 to 9,300 range, and now that speculation is crossing into reality, though it’s unclear if the currency is slated to stay here for much longer. Prior to the drop came a bitcoin trading ban in Iran. The country has long allocated fears and rising concerns due to money-laundering, volatility and the loss of investor assets, and now it appears they’ve become too much to bear. Crypto trading – predominantly bitcoin trading – was halted in Iran earlier this week, and now the country is issuing a state-based virtual coin to help boost the country’s economy. Iran’s national form of fiat – the rial – ultimately plunged following President Trump’s pressure on European nations to assist the United States in rebuilding […]
When it comes to cryptocurrency, getting more consumers interested in this form of money is a big challenge. This is why things such as tipbots and airdrops often work quite well. It now seems Nano can be distributed through any messaging service one can think of. This is all made possible by the NanoMate project, which will take this altcoin to the next level if there is enough interest. The NanoMate Service Gets an Upgrade People familiar with the Nano ecosystem will have heard of NanoMate before. This service is designed to take Nano to the next level by letting people introduce their friends to this altcoin. More specifically, users can send Nano to anyone else in the world simply by entering an email address. This was already a pretty popular solution which has offered a lot of convenience, but there was still plenty of room […]
A few of months ago the IOHK team led by Ethereum Classic Developer Alan McSherry announced version 1.0 of Mantis, an Ethereum Classic client built in Scala. Ethereum Classic Daedalus wallet gets new update
Abra, an all-in-one cryptocurrency wallet and exchange has announced the addition of five new additional cryptocurrencies, or “altcoins” to its platform enabling users to now buy, sell, hold and invest across 25 cryptocurrencies and 50 fiat currencies. Crypto wallet Abra adds support for Monero, NEM, NEO, Lisk, and Verge
CFTC Chair says Bitcoin Has Elements of all Asset Classes Bitcoin is part currency, part security, and part digital coin according to the head of the Commodity Futures Trading Commision (CFTC). CFTC Chair Struggles to Define Bitcoin As the ecosystem around Bitcoin and cryptocurrency continues to evolve the various regulatory bodies in the US still struggle… The post CFTC Chair says Bitcoin Has Elements of all Asset Classes appeared first on Altcoin Today.
Various central banks have shown a keen interest in creating their own digital currencies. Doing so is very different from drafting a whitepaper about it. It now seems most countries have put those plans on ice indefinitely, though Iran is an exception. That nation has decided to experiment with a new cryptocurrency, even though the trading of actual cryptocurrencies such as Bitcoin is officially banned in the country. Iran Takes a Contrarian Step While it is only a matter of time until we see more central bank-issued digital currencies come to market, most governments have given up on this concept for the time being. That comes as quite a surprise, even though these governments acknowledge that digitizing existing currencies can be done in far more centralized ways than looking at a new cryptocurrency. At the same time, countries are open-minded toward dealing with Bitcoin, which […]
United States Securities and Exchange Commission (SEC) commissioner, Robert Jackson, has expressed his belief that initial coin offerings (ICOs) will be legitimized under existing securities legislation. Despite the optimistic outlook, the commissioner has criticized the current state of the ICO industry. Also Read: Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov SEC Commissioner Expects ICOs Have Legitimate Future In an interview with CNBC, SEC commissioner, Robert Jackson, recently expressed cautious optimism regarding ICOs – predicting that initial coin offerings will be conformed to the rubric of existing securities regulations in future. “Down the road, I think we will be thinking about ways to make those investments work consistent with our securities laws,” Robert Jackson said. Commissioner Claims ICO Market Currently Resembles Wild West Despite the commissioner’s optimism surrounding the future prospects of the ICO industry, Robert Jackson […]
Authorities have found a new scapegoat to blame for the ongoing opioid drug epidemic going on in the United State: Bitcoin. Eagle Scout Turned Drug Dealer Aaron Shamo is a Utah native who discovered Bitcoin and cryptocurrency in 2009, soon after it was created. He began mining for Bitcoin while he was a student a Utah Valley University. He continued to accumulate more of the cryptocurrency as he made his way through life over the next few years, seeing his investment culminate with Bitcoin’s highest recorded price amidst a crypto-craze late last year. It appears that Shamo’s wealth is not a result of early investment or a lucrative trade. Law enforcement says that he utilized the internet to sell narcotics and accepted Bitcoin for the transactions. Shamo is accused of selling fentanyl, a deadly opioid that is 50 to 100 […]
Kenya is a country where cryptocurrencies can genuinely thrive. This will only happen with some decent governmental guidance, though. As such, the local Capital Markets Authority wants to establish a new agency to monitor cryptocurrency activity in the country. This should not lead to any stringent regulatory measures in the future. In a way, it is good to see Kenya getting involved in cryptocurrencies. Although Bitcoin and altcoins have always made an impact in this country, it seems things are advancing quite rapidly. The Capital Markets Authority acknowledges something will need to change. Establishing a new body to monitor cryptocurrencies is one way of achieving that goal. This new agency will mainly be tasked with answering questions regarding cryptocurrencies that arise in the future. Kenya’s Capital Markets Authority Focuses on Bitcoin Regulators all over the world are monitoring cryptocurrencies as […]
A crypto mining company has sent a balloon into the stratosphere to mine bitcoin on the edge of space, reaching over 35,000 meters in altitude. The company also shared the results of its survey on what the price of bitcoin would be this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Space Launch PR Stunt Miner One launched a “high-altitude balloon with bitcoin mining equipment” on Monday which it calls “Space Miner One (SMO).” The organization describes itself as neither a pool nor a cloud, but “a community of people who want to mine cryptocurrency profitability.” The group is “so bullish on bitcoin” that it hopes this PR stunt will be seen as “a symbol that [the price of] bitcoin will go to 35,000 and beyond.” The large latex balloon filled with helium has a parachute attached. It […]