Porsche is officially the first automobile manufacturer to both implement and successfully test the blockchain directly in vehicles, thanks to Berlin-based start-up XAIN. Blockchain. There is No Substitute. In the race to implement blockchain technology into consumer automobiles, Porsche is firmly in the lead. According to the company’s official newsroom, the German automobile manufacturer tested remotely locking and unlocking vehicles via a blockchain-powered app, as well as temporarily granting access authorizations. Additionally, Porsche is testing new business models based on encrypted data logging, with goals of improving autonomous driving functionality. As noted by Oliver Döring, Financial Strategist at Porsche, blockchain technology holds tremendous potential in the world of high-performance automobiles. Said Döring: We can use blockchain to transfer data more quickly and securely, giving our customers more peace of mind in the future, whether they are charging, parking or need to give […]
Nissi Online Casino is the latest online gaming platform from SG International NV registered in Curacao and featuring over 3000 games from some of the best game developers such as Betsoft, Microgaming, and Netent. The casino also features live gaming from Netent and Evolution Gaming. Players who sign up for a member account can expect to enjoy the following benefits: 1. A wide selection of great games Nissi Online Casino has a number of great games available to suit the tastes of even the most discriminating of players. These include classic and video slots, table games, card games, live casino, and many others. Popular titles under slot games include; Blackbeard’s Quest, Fruits n Stars, 777 Diamonds, Reel Gems and many others. Popular table games like Blackjack, Baccarat, Poker, and craps are also available in several variations including High Limit Baccarat, […]
For those who thought things couldn’t get worse for Coincheck, the reality is very different. The mounting lawsuits are a big problem already, but it’s only the tip of the iceberg. According to BIG Blockchain Intelligence Group, the stolen funds have been laundered through a Vancouver-based exchange. That in itself is pretty worrisome, although recovering the money is no longer an option. It is evident the theft of Coincheck’s funds has been a cause of concern. With 500 million NEM stolen, things are not looking good. So far, there has been no trace of this fund whatsoever. If the BIG Blockchain Intelligence Group is to be believed, they found how the money was laundered. It seems a Canadian exchange is involved in this particular development. This is the result of an internal investigation, although few details have been made public […]
Another challenge besides considering transaction or confirmation times on the blockchain is the price. A $100 value of Bitcoin one day can decline over 20% within a 24hrs range. The… Continue reading “One Platform, Two Tokens, Bringing Stability To Cryptocurrency Volatility” The post One Platform, Two Tokens, Bringing Stability To Cryptocurrency Volatility appeared first on .
Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation Singapore’s central bank has said it is again looking at cryptocurrency regulation, appearing to amend previous comments about a hands-off approach, Reutersreported Thursday, March 1. Part of a speech quoted by various publications Thursday saw the Monetary Authority of Singapore (MAS) deputy managing director Ong Chong Tee note… The post Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation appeared first on Altcoin Today.
The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity in Thailand Publicly-listed and private companies in Thailand are hurrying to launch their initial coin offerings (ICOs) ahead of regulations, Thai Rath reported, adding that they “fear the regulators will make it more cumbersome for issuers and investors.” Recently, J Ventures, a subsidiary of Jay Mart Plc which is listed on the Stock Exchange of Thailand (SET), became the first listed company to hold an ICO. The company sold out its 100 million digital tokens and raised 660 million baht (~USD$21 million). Project Planning Service […]
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. Since coin claiming began at 09:00 GMT on 12 January 2018, the number of people registered at the Bitcoin Parallel website has skyrocketed. In order to maintain the Bitcoin Parallel Ecosystem, the Bitcoin Parallel Foundation has formulated a declining distribution rule. Bitcoin holders at block height of 507,000 receive BCP and BCPC at BTC: BCP = 1: 1, BTC: BCPC = 1: 1,000. But since 09:00 GMT on 13 February 2018, the distribution rate decreased by 2% every 24 hours. After being decreased to 50%, the distribution rate would then enter into a second phase, […]
The news that mobile payment app Circle had acquired Poloniex had many people’s interest piqued, but the real story behind it is the way in which Goldman Sachs is maneuvering into the cryptocurrency space #ANALYSIS
Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to crypto-investing. Never put in money that you cannot afford to lose. Cryptocurrency markets are extremely volatile. Invest at your own risk. How to Buy/Sell Cryptocurrency with TD Sequential indicator was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Israel is a pretty intriguing country when it comes to cryptocurrencies in general. So far, we have not seen any major regulatory actions in that part of the world. That makes it all the more surprising to see the Supreme Court of Israel intervene in a recent spat between one of the country’s banks and a cryptocurrency exchange. The outcome is surprisingly positive and will hopefully set a global precedent. Israel’s Supreme Court Intervenes in Favor of Cryptocurrency Bits of Gold, an Israeli cryptocurrency exchange, has seen great success over the years. Unfortunately, its bank partner did not see things the same way and decided to block the activity of this cryptocurrency company. It is always unfortunate when things like this happen, although it has almost become the new normal. This particular incident got a lot of attention because many people think the bank in […]
Crowd Genie, a Singapore-based company, is holding their own ICO to create a tokenized platform that aims to make lending across borders possible through blockchain. Paving The Way for a Business Loans Asset Exchange Crowd Genie is a peer to peer lending platform that allows SMEs in Singapore to receive financing from multiple investors. This platform allows borrowers and investors to circumvent banks, minimizing the time and cost that are often a result of the bureaucratic structure of banks. The platform has been operational for over 18 months now, and in March 2017 the company was granted a dealing in securities license by the Monetary Authority of Singapore. What makes Crowd Genie unique is the fact that it matches borrowers looking for debt financing with lenders looking for debt investments. This is possible thanks to the automated AI-powered credit scoring engine that […]
Cryptocurrency wallets have always presented a mix of convenience and potential security issues. For the most part, the top cryptocurrency wallets do not suffer from any major vulnerabilities. In the case of Jaxx and Bitcoin.com’s Bitcoin Wallet, things are very different. Cheetah Mobile Blockchain Research Lab recently highlighted some major security flaws affecting both of these wallets. Bitcoin.com’s Bitcoin Wallet Flaws The research which Cheetah Mobile Blockchain Research Lab provided us paints a worrisome outlook for Bitcoin.com’s Bitcoin wallet. Given its widespread popularity, it is even more worrisome to learn that this software has a big problem under the hood. More specifically, the mnemonic phrases – or recovery seeds – used by the Bitcoin Wallet are stored in plain text in the local “mwallet” file. While that may not seem worrisome to the average consumer, it poses a big risk to users. Given […]
Concise who, what and why: In layman’s language Circle’s Acquisition of Poloniex was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Play2Live CryptoMasters was scheduled to release of the 2.0 version of MVP with advanced player and P2P CDN, that was tested during the broadcast of the tournament. Play2Live (P2L), the first full-blown blockchain-based streaming platform for gamers and esports fans successfully hosted and broadcasted the world’s first esport tournament with the main prize – 2 000 000 LUC (Level Up Coin) tokens ($100,000). Eight international teams — 7 invited and 1 from the open qualifiers, took part in the tournament. It has resulted in the triumph of AGO, a Polish esports organization, that took the main prize of 1 000 000 LUC tokens ($ 50,000). The second team was Space Soldiers (Turkey), which received 400 000 LUC tokens ($ 20,000), the third and the fourth place with 200 000 LUC tokens ($ 10,000) prize pools were taken by the teams […]
If you’re a lazy reader like me.. https://medium.com/media/f665d1549334b3e605aa7a5b1ffa0fd7/hrefhttps://medium.com/media/51f9551520fc32682233b5023a55b6f3/href Traditional currencies like USD and EUR can be stored in banks or wallets. But with cryptocurrencies, it might get little complicated. Cryptocurrencies are stored on the blockchain. Just like banks have account name & number, cryptocurrencies have addresses to their wallets on the blockchain. Each wallet has a public address and a private address. Public address is where you can receive token/altcoin at, while the private address is the key to access your wallet or to send token/altcoin. To be precise, you never store a token/altcoin in your wallet. What you store is the public and private keys/addresses in your wallet. There are 5 different types of wallets: Desktop Wallets — Desktop wallets can be downloaded and installed on a computer, as the name suggests. However, there’s always a risk if your desktop gets hacked or gets […]
The State Financial Monitoring Service of Ukraine has published its official position on crypto matters. While offering some borrowed definitions of terms like virtual currency and mining, the agency notes that changes to the legal status of cryptocurrencies in the country are expected. Also read: Uzbekistan to Legalize Bitcoin and Support Developers Due Diligence In a statement published on its website, SFMS said it was constantly collecting, processing and analyzing financial data, including crypto-related information. According to the official announcement, the agency is following transactions that are subject to regular monitoring, but not only. Dubious money flows outside the mandatory scope are also monitored. Ukraine’s financial watchdog has drawn attention to one of its main priorities – the implementation of customer due diligence measures. The agency believes regulatory efforts in that area should be focused on cryptocurrency exchanges, wallet providers […]
Cryptocurrency payments company CoinGate recently announced its service is now suitable to be used for token crowdsales and ICO applications. Blockchain projects can now use CoinGate to accept Bitcoin, Ethereum and 50 other cryptocurrencies… CoinGate now provides payment collection solution for token sales was published on CryptoNinjas.
A man from Pennsylvania has been sentenced to spending a year and a day in federal prison for selling $1.5 million in Bitcoin to undercover federal agents. A person selling Bitcoin face-to-face with strangers may worry about being robbed by criminals. Such instances are becoming a bit more common as the acceptance and use of the cryptocurrency continues to go up. A man from Pennsylvania found himself in a tight situation by selling Bitcoin, but he didn’t find himself the target of a criminal assault. Instead, he found himself in legal hot water by selling the virtual currency to undercover federal agents, and now he’s going to jail for it. Crypto Seller Blues The Bitcoin seller is Eldon Stone Ross, 24, and he was charged with conducting an unlicensed money transmitting business after being nabbed by federal authorities. Between January […]
Ever since the begging of their ICO the Sp8de community wanted a more detailed roadmap that outlines what the team wants to do in the next one year and in the long haul. The team noted that there have been worries that, since Sp8de will be utilizing Cardano blockchain to create its products, there might be delays in production. Sp8de have provided a detailed roadmap for their plans for the next one year which is also in line with Cardano’s roadmap! Firstly, Sp8de show that they will be listed on an exchange before the end of March 2018. What is intriguing to see is that they will start developing their products on Solidity while waiting for Cardano to introduce their smart-contract functionality and then migrate on Cardano which means that Sp8de will have no delays in introducing their MVP and […]
Plus- A few Airdrops I look forward to. They say that there’s nothing in the world such as a free lunch. I find the word Free to be the most ironic word in the history of spoken languages. Everything ever offered to you free of cost usually comes with an attached T&C, or is contingent on an item you purchase prior to it, or is of subs-standard quality, or is a 100 different reasons which I choose not to list. Hence, I usually run the other direction when someone pitches a “Free of cost” product to me. However, the world of Crypto gives zero shits about the rules and standardized systems of the normal, traditional world. Remember James Bond ? The type of man who follows his own rules, has a self-affirmed code of conduct, an own set of ethics, and who can piss in […]
Everyone in the cryptocurrency world has their own opinion regarding this industry. The so-called influencers in this space can often be found on Twitter and other social media platforms. Below are some of the people well worth keeping an eye on, in no particular order. CryptoCobain By far one of the more intriguing “color commentators” in the cryptocurrency ecosystem goes by the handle of @CryptoCobain. Although it appears that he is trying to quit this ecosystem once and for all, it seems to be a matter of time until he makes a full return. One could say CryptoCobain is as entwined with cryptocurrency as blockchain is with Bitcoin. It’s not always a happy marriage, but the associated parties are simply stuck with one another for the time being. Chris Dunn For those among us who like to hear something new about technical analysis without […]
Demons in Digital Gold, Part 8 Xenon-135: anticipating knock-on effects was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
The price of bitcoin slipped yesterday following news that the U.S. Securities and Exchange Commission (SEC) was investigating the crypto market. In a report from CNBC, citing information from the Wall Street Journal, the SEC had reportedly issued a number of subpoenas in order to gather information from tech companies and advisors linked to the cryptocurrency market. In particular the agency is looking into initial coin offerings (ICOs) and how they are structured. Unlike public offerings, ICOs aren’t heavily regulated, the report stated. As a result, bitcoin saw its price drop from above $11,000 yesterday to $10,358 into the early hours of trading Thursday, according to CoinMarketCap. It has since rallied back, and at the time of publishing was valued at $10,739. The news comes at a time when there is heightened attention being focused on the crypto market. At […]
There are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a license for the time being. However, going forward, only those with sufficient safety and customer protection measures are likely to be approved. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 100+ Firms Have Applied The Japanese Financial Services Agency (FSA) has been busy with over 100 applicants waiting for approval to operate cryptocurrency exchanges, local media reported. According to Business Insider Japan, these companies include major banks, brokerage firms, and major FX companies. The Yomiuri Shimbun newspaper elaborated, citing a source: More than 100 firms are planning to enter the cryptocurrency exchange business, which has kept the […]
Circle-Poloniex Deal Presages the Future of Cryptocurrency Exchanges When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers… The post Circle-Poloniex Deal Presages the Future of Cryptocurrency Exchanges appeared first on Altcoin Today.
Litecoin Booms in February But ‘Golden’ Crypto Takes Price Podium Dismal? Not quite, but the crypto markets had a rough ride in February. What began with a sell-off in bitcoin, one that pushed the total market capitalization of all cryptocurrencies to a 10-week low of $276 billion, has ended in a seeming recovery, with the total value hitting $450 billion… The post Litecoin Booms in February But ‘Golden’ Crypto Takes Price Podium appeared first on Altcoin Today.
Dietz backs PolySwarm’s mission to disrupt the $8.5 billion cyber threat intelligence industry. SAN JUAN, PUERTO RICO — March 1, 2018 — Decentralized IT security marketplace PolySwarm (www.polyswarm.io) today announced a $500,000 investment from Swarm Syndicates, led by Joel Dietz. He personally invested in PolySwarm’s ongoing Nectar (NCT) token sale. PolySwarm has raised $22 million to date, with additional backers including Science Blockchain and BlockTower Capital. “PolySwarm has all of the hallmarks of a good investment, including a strong market opportunity and an industry-leading team,” said Joel Dietz, co-founder of Swarm Fund. “We look forward to following PolySwarm as they decentralize cyber security.” Today’s antivirus and IT security market is dominated by single vendor offerings that often miss emerging threats. PolySwarm incentivizes a global community of information security experts to disrupt the $8.5 billion cyber threat intelligence industry, providing enterprises and […]
Good news that may impulse crypto adoption in Germany. According to the Ministry of Finance, Peter Altmaier, individuals that use cryptocurrencies as a means of payment will bot be taxed.… Continue reading “Germany Will Not Tax Individuals Using Cryptocurrencies as a Means of Payment” The post Germany Will Not Tax Individuals Using Cryptocurrencies as a Means of Payment appeared first on .
It appears that the allure of free electricity and computer systems, courtesy of the tax payers, might be too hard for some government workers all over the world to resist. After it was recently revealed that Russian nuclear scientists were arrested for mining bitcoin on the job, now it is reported that American IT staff apparently lost their jobs for doing the same in Louisiana. Also Read: British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money Mining Bitcoin in Louisiana Louisiana’s Attorney General is reportedly conducting a criminal investigation against his own office’s former IT personal, including an ousted director, over allegations they used state resources to mine bitcoin. The AG office’s Louisiana Bureau of Investigation reportedly questioned the suspects after authorities discovered “hardware” that they believed could have been used for mining bitcoin. It has not been […]
Overstock.com’s blockchain tech subsidiary tØ (tZERO) today announced the start of it subsequent sale period for its preferred equity tokens (tZERO Security Tokens) after raising $100 million in its pre-sale period from strategic purchasers at… tZERO’s security token sale hits next phase after $100 million presale was published on CryptoNinjas.
Bill Gates States Cryptocurrency “Has Caused Deaths in a Fairly Direct Way” On Tuesday, Microsoft co-founder and avid philanthropist Bill Gates participated in an Ask-Me-Anything (AMA) session on Reddit, where users of the site present questions on any topic for the billionaire to answer. Among questions of coding semantics and peanut butter sandwiches, one Redditor asked for… The post Bill Gates States Cryptocurrency “Has Caused Deaths in a Fairly Direct Way” appeared first on Altcoin Today.
Banks all over the world have shown increasing interest in cryptocurrencies as of late. Rabobank in the Netherlands is probably the most open-minded institution in this regard. Its Rabobit service will be of great interest to a lot of cryptocurrency users in the future. A Closer Look at the Rabobit Service As the name Rabobit somewhat suggests, Rabobank has officially entered the cryptocurrency world. Although most people knew the bank was experimenting with this new form of money, it largely remained unclear what its long-term vision entailed exactly. It seems we now have an answer, as the Dutch financial institution wants to let users store and manage their cryptocurrencies in a secure manner. To do so, Rabobank is currently developing a service known as Rabobit. It will serve as a cryptocurrency wallet managed by the Rabobank team. For a lot of cryptocurrency users, […]
Bitcoin Cash Price Surpasses $1,275 Again as Markets Bounce Back With all cryptocurrency markets attempting to transition from a bear market to full-throttle bullish momentum, interesting things will happen in the coming days and weeks. The way things look right now, the Bitcoin Cash price is bound to gain a fair bit of value throughout… The post Bitcoin Cash Price Surpasses $1,275 Again as Markets Bounce Back appeared first on Altcoin Today.
Japan’s Banking Giant SBI Delays Launch Of Crypto Exchange To ‘Strengthen Security’ Japan’s financial services conglomerate SBI Group announced in a post on its site Tuesday, Feb. 27 that it has to postpone the launch of its planned cryptocurrency exchange. In the public announcement, SBI apologized for the delay and explained that the company had to postpone the launch of… The post Japan’s Banking Giant SBI Delays Launch Of Crypto Exchange To ‘Strengthen Security’ appeared first on Altcoin Today.
When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers of the exchange either, who might finally experience something resembling customer service. The ramifications of the deal extend far further, however, hinting at the shape of U.S. cryptocurrency trading to come. Also read: Cryptocurrency Exchange Poloniex Has Been Bought by Circle More Compliance, Less Securities On the surface, the Circle-Poloniex deal looks like a simple changing of the guard: out with the old, in with the new. As a holder of a coveted Bitlicense, and the operator of several popular trading apps, Circle is everything Poloniex is not: mobile, user-friendly, and well connected. Its […]
Ripple has quickly become one of the more intriguing projects in the world of digital currencies. Although the project is not even remotely similar to cryptocurrency, a lot of people see the value in what the company aims to provide. As such, it was only a matter of time until copycat currencies tried to capitalize on the Ripple name. RippleByte appears to be the first major currency to do so, although it is not exactly something most people will care about. Is RippleByte a Decentralized Ripple? Anyone who has paid attention to Ripple and its XRP asset will notice that its infrastructure is unique. There is no mining involved and it is impossible to stake coins, yet the total coin supply is fixed. Over half of the available XRP is locked in escrow contracts for the foreseeable future, which makes this native asset quite interesting […]
The Bitcoin price continues to fascinate mainstream and niche media sources alike. It’s hardly surprising given its volatility. After a meteoric rise throughout most of 2017, it fell from around… Continue reading “Bitcoin Price Goes Up Again: What are the Reasons?” The post Bitcoin Price Goes Up Again: What are the Reasons? appeared first on .
As cryptocurrency investing is becoming more mainstream, it keeps attracting wealthier and more cautious established players. To answer the need for enhanced security by such investors, one of the biggest names in the gold business, Goldmoney, has now expanded its bitcoin cold storage service to include ethereum and bitcoin cash. Also Read: Las Vegas Strippers Accept Bitcoin via QR Tattoos Goldmoney Expands Cold Storage Goldmoney, a precious metal investment service and payment network traded on the Toronto Stock Exchange (TSX:XAU), is expanding its bitcoin (BTC) cold storage to include two more cryptocurrencies. The company has announced that ethereum (ETH) is now available to all its ‘Full Verified Goldmoney Holding Owners’ as a fully-reserved offline investable asset, with bitcoin cash (BCH) to follow in the coming weeks. Clients can now directly purchase auditable and AML-compliant (Anti-Money Laundering) ethereum and sell their […]
Have you ever wondered what you would do if you had all the money in the world? Everyone has. But we take it to be just daydreaming. Disclosure: This is a Sponsored Article According to researchers, at least in the US, while entering the top 20% income distribution can be achieved through education and hard work, entering the top 1% is almost impossible if you don’t have a wealthy background. It’s also well known that nobody becomes rich by saving up under the mattress. You could take 20% of your income each month and save it, but if you’re making $50 or $60 k a year (rough averages for the US and EU), it’ll take you around 65 years to get to your first million. That’s a bad deal. Check any publication on the matter, you’ll see one thing: millionaires and […]
With all cryptocurrency markets attempting to transition from a bear market to full-throttle bullish momentum, interesting things will happen in the coming days and weeks. The way things look right now, the Bitcoin Cash price is bound to gain a fair bit of value throughout the day. Thanks to the current 5.4% gain, the Bitcoin Cash price has already surpassed $1,250 once again. Another leg up for the Bitcoin Cash Price? Given all of the volatility plaguing the cryptocurrency industry right now, any short-term gain needs to be put into its proper perspective. While things may look either decent or terrible for a specific currency, there’s a good chance the momentum will turn around before the week is over. As such, the current 5% Bitcoin Cash price gain looks pretty good, but maintaining this momentum may prove to be difficult […]
New research shows that fintech funding in Hong Kong more than doubled in 2017 compared to the previous year. Data from Accenture analysis of data from CB Insights, a global venture-finance data and analytics firm, shows that fintech funding rose to US$545.7 million in 2017 from US$215.5 million in 2016 and US$107.5 million in 2015, according to a report from the South China Morning Post. Last year saw the biggest fundraising in Hong Kong by WeLab, a peer to peer lender, which raised US$220 million in November. According to Musheer Ahmed, interim general manager of the FinTech Association of Hong Kong, there have been two developments in the past two years that has made Hong Kong attractive to investors. Banks went from being skeptical about fintech, to realising it can be beneficial to them. Following on from this, they moved from reviewing proofs of […]
Bitcoin is making a bullish future for itself this month, with signs pointing moonwards even without sky-high price predictions. Bitcoin: A Parabolically Bullish Trend Two months after Bitcoinist eyed three ways Bitcoin is “parabolic,” there are now (at least) seven ways its price and adoption trend will continue upwards. While January 2018 saw price declines culminating in an equivalent 70% crash from all-time highs of almost $20,000 just one month earlier, February’s technical revolution is already turning the situation on its head. Those were some of the arguments commentator Armin van Bitcoin noted in a tweet about the outlook for Bitcoin this week. The bullish case for #bitcoin: – price had a 70% crash– #segwit adoption exploding– 900+ lightning nodes on mainnet– banks blocking #crypto payments– Bill Gates spreads fud– fake Satoshi fraud unveiling– Ver’s silence deafening What more do […]
The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy Estate The Moscow Arbitration Court ruled this week that cryptocurrency cannot be used to pay creditors in the bankruptcy case of Russian citizen Ilya Tsarkov, who filed bankruptcy in October of last year. Interfax reported from the courtroom that the appointed trustee for the case, Aleksey Leonov, proposed “to collect [Tsarkov’s] digital savings as a debt payment.” He claimed that cryptocurrency “is definitely an asset that can be sold,” adding that it will not contradict the country’s current legislation, the news outlet detailed, as translated […]
Hong Kong, 28th February 2018 – ALAX, is a Mobile Game Distribution Platform, based on blockchain technology, which is set to transform the gaming industry around the world. Project is a joint venture between DECENT (blockchain technology company) and Dragonfly (game distribution platform) which aims to provide a platform for content creators and gamers alike, including ‘unbanked’ consumers in emerging markets. The ALAX partnership means DECENT’s proprietary blockchain technology will have potential to reach out to Dragonfly’s 100 million active users. ALAX implements a 2 token model on their platform, each of which has its own set of functions – ALA and ALX tokens. Why has ALAX chosen to implement a two token model? “Well, this choice was quite easy for us, since we wanted to be fair towards both the developer and the end user. By having two tokens […]
This week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’ Coincheck Faces Another Class Action Lawsuit 132 investors have filed a lawsuit against Coincheck with the Tokyo District Court on February 27 according to the regional publication Sankei. Coincheck was hacked on January 26 for roughly $530Mn worth of digital assets. The exchange detailed it was making arrangements to pay the 260,000 customers back at 81 U.S. cents per token. Additionally, news.Bitcoin.com reported on the trading platform submitting its refund plan to the Japanese Financial Services Agency (FSA). On February 15 a group […]
China has been one of the most aggressive countries towards cryptocurrencies. Indeed, it has banned all Initial Coin Offerings (ICOs) from its country and has banned crypto exchanges to operate.… Continue reading “Cryptocurrency Chat Groups Targeted by China Ahead of New Possible Regulations” The post Cryptocurrency Chat Groups Targeted by China Ahead of New Possible Regulations appeared first on .
Multiverse is a term describing a hypothetical circumstance that combines our universe with other, parallel universes. It’s only a theory. The main point to understand is that multiverse puts together… Continue reading “Multiversum: Introducing the Evolved New-Generation Blockchain” The post Multiversum: Introducing the Evolved New-Generation Blockchain appeared first on .
Unlocking Business Investment for Retail Participants Great ideas often have the humblest beginnings, and it’s only after a ‘Eureka!’ moment that many realize their true potential. An excellent example is Avon, one of today’s most popular cosmetics companies, which began as a single door-to-door book salesman named David H. McConnell. McConnell noticed that he made more book sales when offering free samples of perfume to his female customers, and so he decided to drop the books permanently, setting up shop as the California Perfume Company. His business took off, but like many, it required more working capital to get further off the ground. In histime, obtaining new business funding was only possible through banks or by borrowing money from friends and family, so McConnell likely went to the local branch and made his pitch. What eventually resulted is a multi-billion-dollar […]
The total number of Bitcoin Core nodes currently stands at 9,499, marking an impressive surge since the Bitcoin Cash hard-fork that occurred on August 1st of last year. Bitcoin Node Count Goes Parabolic Contrary to the many cries of doom and gloom, admonishing against a network split last spring, the Bitcoin network not only survived the August 1st hard-fork but appears to be stronger than ever. Hard Fork seems imminent. Scary is that majority fork would be called BTC. This is a huge concern… https://t.co/ANp87RmuyV — Vinny Lingham (@VinnyLingham) March 17, 2017 Currently, the number of Bitcoin Core nodes stands at 11,466 reachable nodes in total. Meanwhile, data-omitting duplicate and non-listening nodes shows that 9,499 are currently online compared to just 5,620 at the time the fork occurred, according to data from CoinDance. The chart also shows that the pace […]
Saint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying and selling cryptos. Also read: Russian Authorities Criticized over Proposed Crypto Regulation Site Owners Win Important Battle In what seems to be a small, but important victory for the Russian crypto community, the City Court of Saint Petersburg has struck down a ban that affected more than 40 websites related to bitcoin. It was imposed by a district court in May 2017, after a request from the Prosecutor’s Office in the Northern Capital of Russia. The measure effectively restricted access to the internet platforms and prevented […]
Not only in Kenya, but all around the world, cryptocurrencies have gained the attention of investors, governments and enterprises. The debate over the legal situation of these virtual currencies and… Continue reading “Kenya’s Government Ready to Set Up a Blockchain Taskforce” The post Kenya’s Government Ready to Set Up a Blockchain Taskforce appeared first on .
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. Many credit card companies offer the moon to consumers such as free gifts or reward spending programs, but those perks seemed to be missing in the world of Cryptocurrency, that is, until now. ValueCash is the first Cryptocurrency exchange ecosystem that rewards its users’ earnings and spending. Los Angeles, ValueCash announced this week that they will be launching an Initial Coin Offering that is sure to stir up the competition in the world of cryptocurrency trading. ValueCash is a decentralized cryptocurrency and exchange where its token holders can make payments for goods and services while […]
The world of cryptocurrency is always full of surprises. Some of the market movements are not entirely surprising, although that doesn’t make them any less intriguing to keep an eye on. The Waltonchain price, for example, has seen a massive dip over the past 24 hours thanks to their social media campaign turning into a bit of a disaster. Waltonchain Price Takes a Major Beating Even though the start of 2018 was not all that terrible for WTC, things have taken a big turn for the worse. More specifically, in the first weeks of 2018, we have seen the Waltonchain price from $10 all the way to $40. Such spectacular gains are not uncommon in the world of cryptocurrency, even though this value is driven by speculation first and foremost. In a way, it is not entirely surprising to see […]