LTCUSD is heading south but could be due to find support at the middle of its range or at the […] The post LTCUSD Technical Analysis for 01/11/2018 – Sideways Action appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
White shoe investment bank Goldman Sachs has had outsized influence on Wall Street and in government for years. The influential company now says Bitcoin and other digital currencies are real money. #BREAKING NEWS
InsurePal, the social proof blockchain-based insurance platform, announces upcoming crowdsale and addition of Bitcoin pioneer Charlie Shrem as an advisor. Any group, no matter how large or how small, is only as strong as the individuals that comprise the group. This thought is often expressed in the old adage that a chain is only as strong as its weakest link. Such sentiments are quite applicable to the business world. A business, no matter their product, succeeds because the people in it have experience, vision, and passion for what they do. To that end, InsurePal, the first decentralized, blockchain-based social proof insurance platform, has added Bitcoin pioneer Charlie Shrem to their experienced team in the role of advisor. In addition to that bit of news, InsurePal proudly announces that their pre-sale is sold out and that the platform’s crowdsale will begin […]
Blockexplorer.com has announced that it will henceforth refer to Bitcoin Cash as Bitcoin only and the “Blockstream fork of bitcoin” as Bitcoin Legacy. Also Read: Michael Novogratz $400 Million Bet: Form Giant Crypto Merchant Bank An Evolutionary Dead End Blockexplorer.com, which provides detailed information about bitcoin blocks, addresses, and transactions, will be supporting Bitcoin Cash over Bitcoin. Blockexplorer CEO Rick Falkvinge wrote in today’s announcement that the web tool is to change the default Blockexplorer.com to show Bitcoin (Cash) over Bitcoin Legacy. He explained that the current version of bitcoin is an evolutionary dead end: The Blockstream fork of bitcoin diverges so radically from the ideas presented in the Bitcoin white paper, that it is an evolutionary dead end. While it may still have high trading value, as a mere collectible of curiosity, the Blockstream fork of bitcoin is not part of […]
Ethereum Analysis January 11, 2018 ETH/USD Ethereum markets fell a bit during the trading session on Wednesday initially, reaching down towards the $1200 level, but then bounced to break above $1300 again. It looks likely that the market is going to continue to find buyers, as Ethereum has been a nice and steady rally. I… The post Ethereum Analysis January 11, 2018 appeared first on Altcoin Today.
DASH and Litecoin Analysis January 11, 2018 DASH/USD DASH drifted slightly lower during the trading session on Wednesday, trying to get support at the $1000 level. We have found it there, and we remain in a trading consolidation between 1000 on the bottom, and 1200 on the top. Ultimately, I think the market will probably… The post DASH and Litecoin Analysis January 11, 2018 appeared first on Altcoin Today.
Bitcoin Price Watch; Finally Some Reprieve! We are closing in on the end of the European session and it’s time to take the second of our twice daily looks at what happened in the bitcoin price today in an attempt to figure out if there’s any way we can use the action we’ve seen to… The post Bitcoin Price Watch; Finally Some Reprieve! appeared first on Altcoin Today.
Substratum is a project aiming to power the decentralized web by allowing free and equal internet access to users around the globe. The project promises to allow anyone to host a node and receive Substrate in return for contributing to the network. Currently the product is in closed-beta allowing only a select few participants, supposedly under an NDA, to test out the network. Substratum’s price rose from $0.30 to over $2.50 in the last month alone, heading straight to the moon. However, due to some new information recently released, we must look at Substratum’s dark side of the moon. Substratum CEO’s background The first piece of news that surfaced about the Substratum project is that Justin Tabb, Substratum’s CEO, has a questionable background. According to Polk county Sherrif’s public records, Justin Christopher Tabb was arrested in 2001 on multiple charges […]
Online gambling entrepreneur and billionaire Calvin Ayre has announced his next business venture to be cryptocurrency mining operations. According to Ayre the mining facility will dedicate its hashpower to the bitcoin cash blockchain only. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Mining Facility Dedicated to Bitcoin Cash Only The Antiguan businessman Calvin Ayre is well known for founding the Bodog entertainment brand and gaming platforms. Ayre is also known for his passion for cryptocurrencies particularly bitcoin cash (BCH) and was recently appointed the Antigua and Barbuda region’s Economic Envoy for Technology Development. “Mr. Ayre will advise the Government on the effective implementation of new technological developments in cryptocurrency and Bitcoin,” explained the government’s Director-General of Communications. On January 10, Ayre has revealed he has dedicated significant amounts of his investment funds towards creating a […]
New Voice for Crypto: Japanese Pop Group ‘Virtual Currency Girls’ A new wave of cryptocurrency popularity in Japan has spawned many things – the latest being a pop group known as the ‘Virtual Currency Girls.’ Due to its relaxed attitude towards cryptocurrencies, Japan’s government has created a thriving atmosphere for cryptocurrencies in the country. Eastern… The post New Voice for Crypto: Japanese Pop Group ‘Virtual Currency Girls’ appeared first on Altcoin Today.
Microsoft Welcomes Back Bitcoin Microsoft is welcoming Bitcoin back to its Windows and Xbox online stores. The move comes after the technology giant stopped letting customers use Bitcoin as payment for online games and apps earlier this week because of its volatility, tech website Bleeping Computereport said on Monday, citing unnamed sources. Microsoft (MSFT, -0.53%) has since reversed course and is now once again letting people add Bitcoin to their Microsoft-sanctioned digital wallets that they can then redeem as dollars, the company told Australian news website news.com.au on Wednesday. “We’ve restored bitcoin as a payment option in our store after working with our provider to ensure lower bitcoin amounts would be redeemable by customers,” the spokesperson told the publication. Microsoft first started accepting bitcoin as a payment method in 2014. Bitcoin has had a wild ride over the past 12 months, surging to record highs one day and then tumbling the […]
SwissBorg, based in Switzerland, is a WealthTech DAO aiming to change the way wealth management looks by offering cryptocurrency investment solutions backed by Swiss financial expertise to the world with a team of over 100 combined years of investment experience. Their ICO, active now, provides an accessible opportunity to manage a portfolio of crypto- assets through investment platform based on blockchain technology. Their Proof-of-Meritocracy smart contract system ensures there will be an active method for the community to influence the way the network will be developed. Disclosure: This is a Sponsored Article SwissBorg wants to revolutionize wealth management services with a community-centric approach powered by blockchain technology. Their ICO is active now, offering investors the chance to acquire the CHSB or SwissBorg network token. It is through this process of tokenization that anyone, be they individuals, DAOs, investment managers, or […]
As more and more inexperienced traders and investors jump aboard the burgeoning blockchain train, cyber security becomes a real and pressing issue. Unlike more institutionalized financial organizations which have secure platforms, crypto investing is more of a personal thing that can lead to software exploits for the unprotected and uninitiated. A report in SiliconAngle this week highlighted the dangers of using unsecured, public wireless hotspots. The threat now being that computers connected through open WiFi networks could be hijacked to mine for cryptocurrencies. Coffee Miner According to the report, the ‘CoffeeMiner’ exploit uses public wireless networks to inject crypto mining scripts into the browsing sessions of anyone connected to the access point. By employing a ‘man-in-the-middle’ technique to spoof Address Resolution Protocol (ARP) messages, access to the network can be easily obtained. The attacker can then intercept all traffic on […]
VISA Declares War On Bitcoin and Crypto Payment Cards – TenX, Cryptopay, Bitpay, Bitwala All Affected We have seen a number of businesses and startups over the past year begin issuing Visa-prepaid cards which allow your Bitcoin to be used for payment anywhere that accepts Visa, however over the past week we have heard from many of these card issuers informing users that their cards have been suspended. First of all we heard from Hong Kong startup TenX: Dear TenX users, On 4 Jan 2018, our European card issuer — Wave Crest Holdings Ltd. — received direction from Visa® to to stop payments of all prepaid Visa® debit card programs effective immediately, which our current TenX Card program falls under. Then soon after we heard from Bitpay, here’s what they had to say in the a statement they made earlier […]
Experty.io, a startup aiming to revolutionize the consultation market, will be launching its Initial Coin Offering in just a little over two weeks. What does this platform bring, and what problem does it solve? Experty.io – Connecting Advice Seekers to Knowledge Providers There is a substantial number of professionals around the world offering consultation services; from lawyers to doctors, many people are willing to share their experiences and advice to those that need it, possibly at a fee. However, finding an adequate consultant might not be as straightforward as most people think – there is no extensive directory of consultants where one can search for someone that will provide them with the advice they need. Even after locating a suitable person, rates still have to be negotiated before the actual consultation process can take place. Enter Experty.io. Experty aims to build […]
Days after President Nicolás Maduro announced the issuance of 100 million petro coins, the opposition-run Venezuelan parliament decreed that the proposed cryptocurrency violates the constitution, as borrowing must be approved by the legislature.
The Oracle of Omaha just doubled down on his Bitcoin predictions, while openly admitting he’s got no idea what he’s talking about. Back in 2014, legendary investor Warren Buffett went on CNBC’s Squawk Box and claimed that Bitcoin was, “a mirage,” warning investors to stay away from bitcoin and, indeed, the cryptocurrency space as a whole. At the time, the digital currency was trading at around $600 per coin. Fast forward a few years (a little more, to be accurate) and the Oracle of Omaha is at it again. This time around, however, Bitcoin is trading at around $14,000, having only recently corrected from highs just shy of $20,000 in December 2017. From Buffett’s initial warning to Bitcoin’s all-time high, that’s a more than 3,200% appreciation. By comparison, some of Berkshire Hathaway’s (Buffett’s publicly traded investment vehicle) most prominent holdings – […]
The South Korean regulators have started investigating two major cryptocurrency exchanges. The country’s National Tax Service has conducted an on-site investigation of Bithumb and Coinone. In addition, Coinone is also being investigated by the Korean police for allegedly offering illegal gambling services to investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Tax Authority Investigating Bithumb and Coinone The South Korean National Tax Service (NTS) has launched a tax investigation of two of the country’s largest bitcoin exchanges, Bithumb and Coinone, Yonhap reported on Wednesday. “The Seoul Regional Tax Office is investigating books and related materials including sales figures,” the news outlet described. Investigators were sent to Bithumb’s headquarters in Gangnam-gu and Coinone’s headquarters in Yeouido. “It’s true that the NTS has come out with an investigation, but it is difficult to confirm […]
Overstock Payments Glitch Mixes Up Bitcoin and Bitcoin Cash: Report Online retail giant Overstock.com has reportedly experienced a cryptocurrency payments bug that could have allowed customers to mint money simply via repeated cancellation of orders. Last week, North Carolina-based bank security firm Bancsec informed journalist Brian Krebs that Overstock.com had erroneously accepted bitcoin cash instead… The post Overstock Payments Glitch Mixes Up Bitcoin and Bitcoin Cash: Report appeared first on Altcoin Today.
Bitcoin Becomes A Trendy Way to Buy New Homes While some people still feel hesitant to accept cryptocurrencies, we see an increasing trend in the real estate markets. Over the last few months the number of sales of houses and land properties conducted in bitcoin have risen considerably. A New Way of Transferring Money Yee… The post Bitcoin Becomes A Trendy Way to Buy New Homes appeared first on Altcoin Today.
In the golden era of advertising, finding an audience was as easy as publishing an ad in a widely circulated newspaper, running a radio or TV spot, or putting up billboards in relevant areas. Not so anymore, but Blockchain can help.
Making digital currency part of everyday lives is any crypto enthusiast’s dream. However, implementing cryptocurrency into the current payment systems is often turns infeasible or too costly. PayCo is a payment solution interface that allows clients to pay with crypto and the merchant to receive the payment in fiat. The Problem Although some vendors and merchants are including crypto in their payment options, there are two major problems slowing down the process. One of them is the volatile value of cryptos. This makes them quite inconvenient as a medium of exchange. The second issue is that among thousands of cryptocurrencies, most stores accept only bitcoin. This is quite limiting as many people hold other kinds of digital currency. First up: Volatility The fluctuating value of digital currencies, as stated in the latest Bitcoin News, is very attractive for anyone interested […]
Propy, which aims to become the world’s first international real-estate marketplace, will donate 50,000 PRO tokens as rewards at the upcoming World Crypto Economic Forum’s Blockchain Hackathon. The company’s CEO and founder Natalia Karayaneva is among the impressive line-up of experts to speak at the conference, which will be held at the South San Francisco Conference Center on January 13-16, 2018. January 10, 2018 – Propy is pleased to announce their participation in the upcoming World Crypto Economic Forum (WCEF), on January 13 through 16th at the South San Francisco Conference Center. A potential Gamechanger of the global real estate sector, Propy will give away 50,000 PRO tokens worth $230,000 as of January 8th, 2018, listed on Huobi in rewards during the conference’s much anticipated Blockchain Hackathon. The tokens will be distributed from the donation pool that was set up […]
The financial sector has always had mixed opinions on Bitcoin. Goldman Sachs is a fine example of how quickly those […] The post Goldman Sachs Feels Some Cryptocurrencies Will Eventually Become Real Money appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
Wednesday 10th January 2018, Zug Switzerland – Fresh off a highly successful ICO in which it raised over $31 million from 15,000 participants, trade.io has announced the release date for a semi-decentralized application to verify trade data on the blockchain. In simple terms, trade.io has developed a method for clients to ensure the data being displayed by their broker has not been tampered with and is 100% “raw data”. The application, called “BTV” or Blockchain Trade Verification, will be displayed via a proprietary dashboard and can be offered by any broker, using data from any trading platform from any asset class. BTV utilizes IPFS & the Ethereum blockchain based smart contracts to validate the data. This will allow any broker offering FX, Crypto, CFDs or equities the ability to provide its clients the ultimate in transparency. CEO, Jim Preissler […]
If the internet truly is for porn, it only makes sense for the latter industry to have its own cryptocurrency. Several such projects have been created in recent years, although none of them gained any major traction. Fantasy Market’s investors will realize by now that the creator of this project has ripped them off completely. More specifically, the CEO has seemingly disappeared with their money, and no one has been refunded to date. What is the Deal with Fantasy Market? The concept of Fantasy Market was pretty interesting, to say the least. At its core, the project focused on building a new cryptocurrency designed to support the live streaming of adult content. Given the recent success of cam sites and whatnot, it is evident there’s a big market waiting to be tackled. Creating a native currency for this particular industry is not an easy feat, […]
It has been a while since we last heard from Chinese cryptocurrency exchanges. Ever since the CNY trading ban, very little has changed in that part of the world. In recent news, a Beijing district court has dismissed a lawsuit against such exchanges. Some traders had complained about exchanges being responsible for their financial losses. It was evident such claims wouldn’t hold up for long. A Decision in Favor of Chinese Cryptocurrency Exchanges All of this revolves around a few people who claimed to have lost money while trading Bitcoin on Chinese exchanges. More specifically, a Huobi user claimed that Bitcoin didn’t exist and that his previous trades should be invalidated. In a way, this statement makes some sense to people who have no clue as to how cryptocurrencies work. In the real world, however, such statements are quickly dismissed as delusional. It is impossible to trade something for real money […]
Wall Street Strategist Tom Lee Says Bitcoin Could ‘Easily Double’ in 2018 Tom Lee, co-founder and Wall Street strategist at Fundstrat Global Advisors, seems confident that the market is still going through a “price discovery process”, predicting Bitcoin could “easily double” in an interview with CNBC Jan. 9. In late November 2017, Lee was similarly… The post Wall Street Strategist Tom Lee Says Bitcoin Could ‘Easily Double’ in 2018 appeared first on Altcoin Today.
The Malaysian financial regulator has issued an order to the team behind an Initial Coin Offering (ICO) to halt any operations in the country. This is just another example of how authorities in different regions are trying to limit access to ICOs from the investing public under their jurisdictions. Also Read: New Monero Mining Malware Sends Proceeds to Kim Il Sung University, North Korea Malaysia Says No to ICO The Securities Commission Malaysia (SC) has announced on Tuesday that it directed the Copycash Foundation to immediately cease and desist of all its proposed activities, including a purported plan to launch an ICO on 10 January 2018. This SC directive covers all activities as described in Copycash Foundation’s white paper for the ICO, including any roadshows, seminars or promotional events related to the scheme in Malaysia. The commission says that the […]
Xarcade’s Discounted Sale Offer is a defining event that will create a paradigm shift in the gaming industry Everyone remembers […] The post The future of gaming is now appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated mainnet LN payments and claim transfers have close to zero fee settlements. Also read: New Monero Mining Malware Sends Proceeds to Kim Il Sung University, North Korea Taking Lightning Transactions Further By Playing With Real Bitcoin The Lightning Network (LN) node count has surpassed 610 nodes this week, and most of the action is taking place on Bitcoin’s testnet. However, news.Bitcoin.com recently reported on the company Bitrefill completing the first “real” LN payment on Bitcoin’s mainnet. Programmer Alex Bosworth paid his phone bill with no […]
The beginning new year has brought good news for the NEO environment. Since the January the 1st, different events are taking place and add interesting things to NEO and its… Continue reading “NEO Weekly News Roundup January 2018” The post NEO Weekly News Roundup January 2018 appeared first on .
The Monero community has been looking forward to hardware wallet integration for some time now. A community member is currently […] The post Monero Support for the Ledger Hardware Wallet Inches Closer to Completion appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
Following the issuance of its bitcoin bond, Japanese investment research group Fisco Corporation is now launching a cryptocurrency fund. The company is also planning to offer derivative products as well as several other crypto-related services. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Fisco Launching Crypto Fund Tokyo-based investment research group Fisco Corporation has announced the launch of a cryptocurrency fund. “It is being described as the first fund of its kind in Japan,” according to Nikkei. The fund will invest more than 300 million yen (~USD$2.67 million) in bitcoin and other cryptocurrencies as early as this month, the publication described. In addition, it will seek to profit from price differentials among domestic and foreign cryptocurrency exchanges. The news outlet added: Fisco will invest its own money and raise capital from two other […]
The advent of cryptocurrencies is triggering the creation of innovative business concepts and new Bitcoin-based financial instruments. Now, Michael Novogratz is starting a merchant bank, to be named Galaxy Digital, which will exclusively serve the cryptocurrency and blockchain space. Merchant Bank Dedicated to Cryptocurrencies to Reshape the Finance World Michael Novogratz, Chairman and Chief Executive Officer of Galaxy Investment Partners, is planning to establish and make public the first merchant bank that will focus on cryptocurrencies and blockchain-related ventures. Novogratz has already proposed a Transaction to establish Galaxy Digital as a full service, digital assets merchant bank, which will concentrate in the following areas: distinct trading, asset management, principal investment, and advisory work. A Bloomberg undisclosed source said that Novogratz “envisions Galaxy Digital as the Goldman Sachs of crypto.” And to achieve this objective: Novogratz is putting substantially all of […]
The other day we reported on the tech giant Microsoft removing the “redeem bitcoin” option from its payments page. One of our reporters spoke with a Microsoft agent who detailed that bitcoin was no longer supported. Later in the evening on January 9, two news outlets detailed they had chatted with a Microsoft spokeswoman who said, “We’ve restored bitcoin as a payment option in our store after working with our provider.” Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion Microsoft Temporarily Halts Bitcoin Payment Services The question on every bitcoin proponent’s mind — Does Microsoft still accept bitcoin for Windows services and Xbox accounts? Yesterday, news.Bitcoin.com’s Avi Mizrahi reached out to a Microsoft associate who revealed that the company had removed the “redeem bitcoin” link on December 26, 2017. From that point forward users did not see […]
Existing cryptocurrencies and digital assets need to keep upgrading their core software at all times. In the case of Ripple and XRP, a new Rippled client has been released. Version 0.81.0 introduces some big changes to improve overall scalability as well as a new recommended validator configuration. Users are advised to upgrade to this new version as soon as possible. All of this shows there’s room for further improvements as far as Ripple is concerned. Big Changes in the new Version of Rippled Although software updates don’t get highlighted often, it’s always worth paying attention to what is going on with Ripple. This ecosystem has received a lot of interest in recent months, and its developers have been working hard to move things along. The new version of Rippled contains some big changes which will help take this project to a whole new level […]
All-in-one blockchain solution and crypto token ARK is now the latest currency to be registered on digital currency exchange OKEx. Widely seen as the benchmark for the online Bitcoin futures industry, OKEx has served millions of clients from over 100 countries worldwide, with more than half originating from China. The robust platform has carved out a respectable name for itself in the industry and represents a strong partner for ARK’s potential on the open market. Disclosure: This is a Sponsored Article France-based ARK harbours ambitions of creating a user-centric platform with mass consumer adoption in mind. This “all-in-one” blockchain solution hopes to introduce an ecosystem of linked blockchains and a virtual spider web of endless use cases that will make ARK extremely flexible, adaptable and scalable for users, developers and start ups with innovative blockchain tech. How the ARK Project […]
It doesn’t happen all that often that exchange-traded cryptocurrencies turn into public stocks all of a sudden. In fact, this may have never happened before in the nine-year history of cryptocurrencies. Blocksafe is setting a very interesting precedent in this regard; that much is evident. The company is being removed from Bittrex because its shares will start trading on Nasdaq very soon. It’s a rather interesting development which few people had ever expected to see. A Solid Change for Blocksafe and TRIG For those unfamiliar with the Blocksafe project, allow us to briefly recap what this company does. Its bread and butter is the creation of a so-called global defense network utilizing blockchain technology. It will power the future of innovation in the world of enhanced defense technology. More specifically, Blocksafe claims to be the world’s first decentralized blockchain network for sensor-based systems. It’s quite the ambition to […]
Embattled photography giant Kodak has released a Bitcoin miner which has already earnt “scam” accusations from the Bitcoin industry. ‘The Dumbest Thing I’ve Seen At CES’ In an unlikely move by the company, which sought to change direction after financial problems brought it to the brink of collapse, the new Kodak ASIC KashMiner promises a $9000 dividend on a two-year contract. Along with the hardware, Kodak announced it would also launch an ICO for its new cryptocurrency dubbed KodakCoin. The range was revealed at the CES technology event in Las Vegas this week. Despite shares in Eastman Kodak jumping 44% after the reveal, tech sources remained highly skeptical, with journalist Christ Hoffmann calling the offering “the dumbest thing I’ve seen at CES” and Bitcoin author Saifedean Ammous labelling it outright as a “scam.” Kodak is selling a Bitcoin miner where […]
Down But Not Out: Ripple Bulls May Regain the Upper Hand The 50 percent decline of Ripple’s XRP token from the record highs may have strengthened the bears, but chart analysis indicates further downside may be limited. As per data source OnChainFX, the world’s third-largest cryptocurrency by market capitalization has depreciated by 16.85 percent in the… The post Down But Not Out: Ripple Bulls May Regain the Upper Hand appeared first on Altcoin Today.
Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and congestion. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading TNABC Closes Ticket Payments Using Bitcoin Bitcoin settlement times, and the fee market associated with transactions, have become a hot topic these days as on-chain fees have risen to $30-60 per transaction. These issues have made it extremely difficult for businesses to operate, and many merchants have stopped accepting bitcoin for services and goods altogether. Just recently the tech giant Microsoft announced temporarily removing the “redeem bitcoin” button […]
We are witnessing a healthy growth of decentralized blockchain-based lotteries and other fair games being launched, particularly on the Ethereum blockchain. The main idea is the same and that is to make lotteries popular, make its code open-source and render the whole system transparent along with respectable odds to win. The lottery industry is worth billions of dollars with popular names like Lotto in UK, Powerball in USA, etc keep coming to our minds but there are persistent problems with these lotteries as everything is kept under the wraps and unjust taxes have to be paid on every lottery win. Disclosure: This is a Sponsored Article The business is also very consolidated and old brands are systematically helped by governments both at the state and the federal level. So, unadulterated lotteries in the conventional model are extremely rare. Naturally blockchain […]
Over the past few years, we have seen multiple cryptocurrencies which were only meant to work within a specific area. Auroracoin is by far the most notorious example, and it ultimately failed to gain any real traction. NewYorkCoin, also known as NYCoin, is the latest attempt to achieve a similar goal. However, this project raises a lot of red flags, and the team’s intentions may be far less honorable than one would assume at first. People always have to be wary when it comes to projects like these, for obvious reasons. NewYorkCoin Seems Rather Shady Enthusiasts who have kept an eye on the developments in New York will know this state isn’t too welcoming when it comes to cryptocurrencies. More specifically, New York state is one of the more regulatory-hostile places in the US when it comes to Bitcoin and similar currencies. Ever since BitLicense […]
The idea of a decentralized music platform is certainly not a new one. It was all the rage once the capabilities of blockchain were fully realized by developers and the public itself. As the blockchain-based music industry expanded, the debate started on how to develop a perfect music sharing platform that will incentivize other people for maintenance of distributed servers and invest in the development in the first phase. Disclosure: This is a Sponsored Article There were some who favored a true blockchain-based solution. For example, every node gives a part of its storage to the network as part of the deal and thus they all benefit from it. It is good in theory, but not in practicality for just a music-based blockchain. So Voise, a blockchain-based music platform decided to deploy a system of masternodes on the Ethereum blockchain […]
Billionaire investor Michael Novogratz pulled back from bitcoin toward the end of last year, citing market volatility, and ultimately scrapped his much-anticipated crypto hedge fund as a result. He’s since returned with a market-defining announcement of plans to open a full service crypto merchant bank, which some are describing as the ecosystem’s Goldman Sachs, and he’s betting his entire $400 million worth of crypto assets on the ambitious project. Also read: Bitcoin’s Amazing 9th Birthday! Michael Novogratz is All-In The new year kicked off with a bang in only its second full week, as Canada-based Bradmer Pharmaceuticals revealed an ambitious partnership with famed investor Michael Novogratz to create what amounts to a crypto merchant bank, Galaxy Digital Holding. Embargoed against US newswires, the cumbersomely announced title, Galaxy Digital, First Coin and Bradmer Pharmaceuticals Announce Business Combination and Establishment of Blockchain, […]
The government of Australia is eyeing crypto traders as it establishes a taskforce to ensure tax compliance. If there’s one thing that’s near and dear to the hearts of national governments, it’s taxes. The gathering (and spending!) of revenue is what keeps the wheels of government turning. Of course, some cynical folks would say spending taxpayer money ensures that palms are greased and votes are bought. No matter the case, governments frown at any attempt to circumvent paying taxes, which is where cryptocurrency comes into play. Australia is the latest country to begin working on keeping a closer eye on crypto transactions for tax purposes. Nobody Escapes the Tax Man Due to its decentralized nature, cryptocurrency does pose some tracking and taxation challenges for governments. The Australian government is worried that people are not paying their fair share of taxes […]
The modern economy is moving away from manual labour and effort-intensive jobs, and has been doing so for some time. There is actually a website that tells anyone how much likely he is to lose his job in the next five years or so to automation! Disclosure: This is a Sponsored Article Retailers, cashiers, drivers, and other easily automated jobs are going to be lost in the coming years and it will be a challenge for the economy to be able to sustain this many number of mid-career workers and the influxes into other careers. It won’t be like the first industrial revolution in which out-of-work people were simply shifted to new factories where they could do the same manual labor. This time, it will be far more difficult as manufacturing is slowing down and also being automated. So, people […]
A new P2P cryptocurrency exchange service Streamity is set to launch a powerful P2P cryptocurrency exchange platform. This service is based on the smart contract for secure exchange…. Streamity to launch smart contract P2P cryptocurrency exchange was published on CryptoNinjas.
KROPS: Farmers Have a New Hope If We’ll Need a 70% Increase in Food Production by 2050, Farmers Will Need a Helping Hand Luckily, they have one. If you haven’t heard of KROPS yet, you will. The KROPS app is empowering farmers all over the world to, for the first time, run the… The post KROPS: Farmers Have a New Hope appeared first on Altcoin Today.
Parallels between cryptocurrency adoption now and internet adoption in the nineties are becoming more apparent every day. Even companies with storied pasts and friction-filled relationships with the digital age are beginning to look into how cryptocurrencies can benefit them. The most recent example of this involves Kodak and its ICO. That’s right, the photography company founded in 1888 is going to hold an ICO. Say “I want to adopt cryptocurrencies into my business model!” *SNAP* While that’s a bit of a mouthful, the sentiment is the same – it leaves smiles on many faces, particularly those of Kodak shareholders. Upon the announcement, the price per share skyrocketed to crypto-esque levels. It was an enormous 44% move for the under-10 dollar stock. This is part of an overall trend we are seeing in today’s markets. We just cannot get enough of all things […]
On Tuesday, the company announced KODAKOne, a blockchain-based platform that aims to assist photographers with the registration and licensing of their work, along with a token offering. Some are questioning the strategy.