June 27, 2018

Bitcoin Won’t See Widespread Adoption in Australia, RBA Official Says

A senior official at the Reserve Bank of Australia (RBA) said that bitcoin is unlikely to be widely adopted in the country. He outlined the digital currency’s price volatility as well as the stability of the Aussie dollar as the main reasons. No to Bitcoin Speaking at an Australian Business Economists event earlier today, Tony Richards, RBA’s payments policy division head, stated that bitcoin is unlikely to be adopted Down Under. According to Richards, one of the main reasons that Bitcoin is supposedly doomed to fail in Australia is the stability of the country’s fiat currency – the Australian Dollar: The stability of the Aussie dollar means bitcoin is unlikely to be widely adopted. […] When a country doesn’t have a credible currency, then people might look for other ones. […] Whether those are cryptocurrencies or something like the US […]
June 27, 2018

Crypto Exchange Resumes Trading in India Despite Problems with Banks and RBI

Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Belfrics Resumes Trading Operations in India Belfrics, which claims to be “India’s fastest growing cryptocurrency exchange and blockchain development platforms,” announced on Tuesday that it has resumed trading operations in India. The exchange also said that it has added four new coins to its platform: bitcoin cash (BCH), ether (ETH), ripple (XRP), and litecoin (LTC). Prior to the additions, only BTC trading was available. The company further unveiled its plan to launch 20 new cryptocurrencies in the next 6 months. Jabeer KM, the COO of Belfrics Group, […]
June 27, 2018

Japan’s Finance Minister Balks at Changing Crypto Tax Rules

Japan’s top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies.
June 27, 2018

ING Bank Survey Reveals Interest In Crypto Will Double In Near Future

ING Bank has published a survey on cryptocurrencies, saying that interest in the technology is expected to double in the future
June 27, 2018

Facebook Now Allowing Some Cryptocurrency Ads

Facebook is changing its tune a bit when it comes to cryptocurrency ads. The social media giant had banned all such ads back in January but has now reversed that decision to a degree. Some major news hit the cryptocurrency space just a short time ago. Facebook, the social media juggernaut, decided to change its mind when it comes to cryptocurrency advertising. However, this is not a full reversal as some forms of advertising are still banned. Lowering the Boom It was back in January when Facebook joined with the likes of Google and Twitter in banning cryptocurrency ads. While the action was painted as a way to protect users, the reality is that it was probably done to protect the social media platform from being sued. The latter half of 2017 was wild as Bitcoin and other cryptocurrencies kept […]
June 27, 2018

Vitalik Buterin Demands Court Challenge Against New nChain Patent

Ethereum co-founder Vitalik Buterin has openly criticized Blockchain research company nChain’s latest patent award, calling for opponents to challenge it in court. Pure Invention? nChain, whose chief scientist Craig Wright claims to be Bitcoin creator Satoshi Nakamoto while heavily endorsing altcoin Bitcoin Cash, received its latest European patent for what it describes as a “digital security invention.” “This Deterministic Key Generation technique provides for improved secure communication between a pair of nodes or parties on a network, while being able to keep their private keys secret,” a press release issued June 25 claims. nChain is attempting to create a raft of Blockchain-based tools to facilitate transactions worldwide through what it calls the “Internet of Transactions.” The company, often via Wright as a spokesperson, continues to hit the headlines in the cryptocurrency industry for its controversial approach to marketing. Last month, […]
June 27, 2018

Meet Three More Applications That Utilize Bitcoin Cash OP_Codes

Over the past month or so since the most recent Bitcoin Cash (BCH) network upgrade, a lot of developers have created platforms and extensions that utilize the re-enabled Satoshi OP_Codes. There’s been a bunch of social media applications like Memo and Blockpress that allow users to submit data that’s tied to the BCH protocol in an on-chain fashion. Now there’s an application that combines all of the data sent on-chain through a platform called Chainfeed — A tool that displays a global real-time news feed powered by bitcoin cash. Also read: A Character Called Bitpico Thinks He Can Stress-Test the BCH Network Three Apps That Showcase the Bitcoin Cash Network’s OP_Return Innovation @_Unwriter Over the past few weeks since the successful Bitcoin Cash network upgrade this past May lots of BCH supporters have been experimenting with the new OP_Codes and OP_Return transactions. Immediately […]
June 27, 2018

Switzerland Creates Working Group to Help Blockchain Companies Open Bank Accounts

The Swiss Bankers Association has created a working group to assist blockchain companies in opening up bank accounts in the country
June 27, 2018

Major VC Firm Raises $300 Million for Its Dedicated Crypto Fund

Amid the correcting market, leading venture capital firm Andreessen Horowitz raised $300 million, designated for its dedicated cryptocurrency fund. The company has revealed its plans to invest the money over the next two to three years. A Patient Approach Andreessen Horowitz is a major VC firm which has set its sight on the cryptocurrency market, raising a total of $300 million planned for future investments. General partner at the company, Chris Dixon, told CNBC that the firm has taken a rather patient, long-term approach towards the space. According to him, the money will be invested within the next two to three years, and the investments are to be held for up to ten years. What is more, the fund aims to acquire a fairly diversified portfolio of crypto-based assets from early-stage coins and tokens to more advanced and later-stage networks. According […]
June 27, 2018

Nasdaq Report: Only Five Percent of Stock Market IT Providers Have Deployed Blockchain

A report commissioned by Nasdaq says that only five percent of IT providers for stock markets have implemented blockchain in any form
June 27, 2018

Self Sovereign Reputation Will Change How We Buy & Sell Online

What happens when huge marketplaces like eBay, Amazon, and Etsy no longer own your selling reputation? Seller reputation is one of the most important factors that a buyer considers when purchasing on marketplaces like eBay, Amazon, and Etsy. Buyers will often pay higher prices from a seller with better reputation, rather than taking a risk with lower prices from a low reputation seller. As a result, sellers work extremely hard to maintain pristine seller reputation through great customer service, fast shipping, and quality products. Self Sovereign Reputation Will Change How We Buy & Sell Online was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 27, 2018

NXT POS Block Skipping Attack Myth

NXT POS Block Skipping Attack Myth was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 27, 2018

Top 10 Blockchain App Development Consultant

Top 10 Blockchain App Development Consultant was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 27, 2018

Four (Revised) Questions for Ari David Paul of BlockTower Capital

Four (Revised) Questions for Ari David Paul of BlockTower Capital was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 27, 2018

Today’s Crypto News on Asia — Jun 25

Alipay launches real-time payment over blockchain; another mining IPO; Korea funds blockchain pilot projects; Binance Lab and Binance Research In our Weekly over this past weekend, we shared an interview of Binance’s CEO, Changpeng Zhao, where he discussed his plans for the Binance Research team and Binance Labs. I’ve appended the piece at the bottom of the email in case you missed it. Next week, I will be at the Techcrunch’s Blockchain conference in Zug from Wednesday to Friday. Guests will include Vitalik, CZ as well as Mona El Isa, CEO and co-founder of Melonport. If you happen to be there too, I would love to meet! And if you haven’t known about this before, definitely consider going now 🙂 Today’s Crypto News on Asia — Jun 25 was originally published in Hacker Noon on Medium, where people are continuing the conversation by […]
June 27, 2018

Global Coin Weekly — Exchange updates; EOS; China and Korea

🌟 Quote of the week “Investors in cryptocurrencies should realise that, once the regulators start banning and inspecting these ICOs and cryptocurrency operations, they will find fraud, losses and manipulations that ultimately will lead to tears. Trust in blockchain, as in anything else, needs to be earned, not created through hype.” -Andrew Sheng, SCMP. Sums up a lot of the regulatory happenings in Asia in the last week. The regulations arising s not a bad thing for the industry at all… 💼 Top News from this past Week Two trends happening in exchanges right now: 1) Binance and OKEx are both piloting “membership programs” where members will get access to the exchanges’s management systems and backends support. 2) Exchanges like FCoin and OKEx are all releasing “trans-fee mining” models. EOS freezes 27 accounts, with “logic and reasoning to be provided later.” 🇰🇷 In Korea, Bithumb lost […]
June 27, 2018

The Bahamas Intends To Become The Global Testing Ground For Government Blockchain Integration

During a recent speech, the deputy prime minister of the Bahamas suggested that the island nation may be the ideal testing ground for blockchain integration and is examining a possible central bank digital currency.
June 27, 2018

ERC1155 May Help Make Ethereum Gamer Friendly

A new token standard intended to fix some major problems for gamers and developers has been announced by Enjin.
June 27, 2018

TRON Celebrates Official Mainnet Launch, Burns 1 Billion TRX Tokens

TRON (TRX) has officially activated its mainnet. The self-proclaimed competitor of Ethereum will now be electing its Super Representatives. ‘Independence Day’ The tenth largest cryptocurrency in terms of market capitalization celebrated its ‘independence day’ on June 25. #TRON Independence Day live stream starts now, join us to be part of the free, decentralized internet. https://t.co/M5uzhyfjYf — Justin Sun (@justinsuntron) June 25, 2018 TRON’s mainnet was officially launched on May 31. Odyssey 2.0, as it is dubbed, is intended to be a fully functional public blockchain which supports the creation of decentralized applications (dApps). The goal of the TRON network is to become a formidable competitor to Ethereum. Its Odyssey release uses a Delegated Proof-of-Stake (PoS) consensus algorithm and relies on 27 block validators — dubbed Super Representatives (SRs) — to produce the blocks and verify transactions. Furthermore, the official blog post noted […]
June 27, 2018

Interest in Bitcoin Set to Double in Europe, New Survey Suggests

People hear and know more about cryptocurrencies with every passing day, and according to a new survey, interest in Bitcoin is expected to increase twofold in Europe. The poll gauges the awareness of cryptocurrencies and the expectations for their future. The research covers over a dozen European nations, but also the United States and Australia, presenting some unexpected findings.   Also read: Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies Lower Income Countries Know More About Bitcoin The survey, carried out by Ipsos for the Dutch banking giant ING, reveals how cryptocurrencies such as Bitcoin are perceived in 2018. It does so by interviewing almost 15,000 respondents in 15 European countries, the United States and Australia. The authors aimed to better understand how people around the world spend, save, invest and feel about digital money. They also sought answers to the question, […]
June 26, 2018

Dapp.com Set To Create a Trend Towards Decentralized Application Environment

San Francisco, June 26, 2018 — Dapp.com has been launched with the intent of creating new opportunities for developers of Dapp (Decentralized Applications) and blockchain enthusiasts. They aim to create a new scope for technology exploration, project reviews, and play around with upcoming technologies. Kyle Lu, the founder and CEO of Dapp.com, was a former Partner and VP at Achain, an Asia-based blockchain platform that allows developers of all levels of experience to deploy tokens, smart contracts, and blockchain network. Kyle has shown an active interest in blockchain advancements around the globe. He is a regular speaker at crypto conferences. His interests are centered around topics like blockchain technology adoption and application. He is enthusiastic about the scope of the rising technologies and confident about the opportunities the future of blockchain and smart contracts hold. Kyle has a history of successful ventures in […]
June 26, 2018

Speakers at Congressional Hearing Warn of Crypto Use in Foreign Political Meddling

During today’s hearing on shell companies and virtual currencies’ role in foreign political interference, witnesses agreed that crypto plays a role in campaign meddling
June 26, 2018

Here’s How Blockchain Can Improve Your Phone’s Security

Cyber theft and eavesdropping are common problems in today’s connected world. But innovations in blockchain-powered phone security could make it that much harder for criminals to hack our mobile devices. The blockchain is viewed as a decentralized database but its disruptive applications now include protecting our digital identities and securing data. Mobile is indispensable to our busy lives. However, smartphones aren’t just communication gadgets anymore. They’ve become powerful digital wallets that store our bank info, credit card numbers and bitcoin passphrases. Thus, a hacked phone can be comparable to getting robbed and losing your IDs and money. For years, tech giants like Apple have incorporated biometrics into phone systems to improve security. Fingerprint and eye scans, as well as, facial ID are becoming common ways to authenticate a valid user. But online fraudsters are also finding creative ways to gain […]
June 26, 2018

Nebulas selected by China’s MIIT in Global Public Chain Evaluation

SAN FRANCISCO, June 26, 2018 — Last week, the CCID Blockchain Research Institute under the Ministry of Industry and Information Technology (MIIT) in China released the initial list blockchain projects included in its Global Public Chain Technology Evaluation. Nebulas is selected as one of the projects on the list. The Global Public Chain Technology Evaluation aims to provide an objective review of the technological development of the top global public blockchains, and increase transparency into blockchain trends and innovations. The evaluation index will be released regularly every month. This will also provide consulting services for governments, enterprises, scientific research institutes and technologists. At the moment, 30 projects have been chosen by the MIIT for evaluation, including Nebulas, up from 28 projects during the last evaluation round. Selected blockchain projects were handpicked by MIIT and did not apply to be included on their list of […]
June 26, 2018

An Interview with the Founders of Bitcoin Origin – The World’s First Multi-Fork Blockchain

Cryptocurrencies have certainly gained ground with the mainstream adoption of the technology while making huge strides in the financial and technological spheres of the world. 2017 alone was a year of events where the popularity of cryptocurrencies soared and the world saw the niche industry transforming into a major global industry. Nonetheless, cryptocurrencies and the Blockchain Technology is still growing with multiple opportunities abound. Bitcoin Origin is one such growing technology that is making waves in the crypto-market to establish itself as an environmentally friendly Blockchain technology that supports sustainable coin production methods. We spoke with Greg Van Der Spuyt and JP Van Der Spuy, the founders of Bitcoin Origin Foundation about the Bitcoin Origin’s Technology and the future of its Blockchain. Here are some excerpts from the interview: Why do you fundamentally believe in the technology you’re developing? Greg: […]
June 26, 2018

Clarity announces Token Sale bounty for crypto community

1 Million CLRTY tokens up for grabs for bounty participants Clarity, the creators of the platform set to revolutionize interactions between small businesses and investors, have announced the launch of their official bounty program to reward their supporters with CLRTY tokens. A total of 1 Million CLRTY tokens have been allocated ahead of Clarity’s $50m launch for their community to help raise awareness across social platforms, including Reddit, Medium, YouTube and Twitter, as well as providing translation services. With a total of 10 different bounty programs, participants will be required to meet certain benchmarks for generated content and posts to be rewarded. Details of each can be found at https://clarityproject.io/bounty-programs/. With the bounty set to continue until the latest scheduled Token Sale close date November 22nd, Clarity will award participants on a week-by-week basis, ensuring that those involved in the […]
June 26, 2018

‘Precursor of Price Going Up’: Tether Grants Another $250M in USDT Tokens

Controversial stablecoin Tether (USDT) has issued $250 million dollars worth of tokens — which Litecoin creator Charlie Lee sees as a bullish sign.   ‘Precursor of Price Going Up’ Tether has issued 250 million tokens (worth US$250) on June 25, according to Omni explorer. This follows its previous grant issued on May 18 of another $250 million dollars in USDT — which some speculated caused Bitcoin’s price to rise by about $300 in the following three days. However, the general downtrend resumed as the short-lived bull run fizzled out towards the end of the month. Nevertheless, the news caught the attention of Litecoin’s founder, Charlie Lee, who believe it is a sign that the price will go up sooner or later. According to Lee, issuance of USDT could be compared to depositing cash in a cryptocurrency exchange with the caveat that these […]
June 26, 2018

Bitfinex Users Say Fiat Deposits Are Not Being Processed

It seems that some users are having problems when depositing funds in Bitfinex. According to Bitsonline, there have been several reports of consumers that their deposits bounced back. Other errores… Continue reading “Bitfinex Users Say Fiat Deposits Are Not Being Processed” The post Bitfinex Users Say Fiat Deposits Are Not Being Processed appeared first on .
June 26, 2018

TOP 5 Cryptocurrency Development Services

TOP 5 Cryptocurrency Development Services was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 26, 2018

Today’s Crypto News on Asia — June 7th

Thailand developing digital currency; Bitmain mulling IPO, Binance AMA and bank in Malta; Vietnam potentially ban mining equipments; China Central Bank reducing “financial” risk To get the latest alerts on China and Asia Cryptocurrency happenings, subscribe to our newsletter below. It’ll be a quick, hassle-free update to your inbox daily. Today’s Crypto News on Asia — June 7th was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 26, 2018

Shortly After Bitfinex CSO’s Departure, Tether Mysteriously Mints 100 Million USDT

It took a few days, but Tether’s popping once again.
June 26, 2018

Top 20+ ICO Marketing Agencies | PR Firms | Cryptocurrency Marketing Services, Agency

Top 40+ ICO Marketing Agencies Top 20+ ICO Marketing Agencies | PR Firms | Cryptocurrency Marketing Services, Agency was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 26, 2018

This New Trick Helps Exchanges Artificially Pump Up Their Trade Volume

Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions, something critics call a backdoor ICO ripe for manipulation. Also Read: If You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators Trading as Mining High trade volume has been a measure bitcoin exchanges competed on for a long while now. And some supposedly used various methods just to increase their numbers along the years, from zero-fee transactions to encouraging algos. Recently there were even accusations that some hired their own market makers just to constantly trade and even counting both sides of any trade, effectively doubling the real action. And now some have started to just pay traders for using their platforms instead of waiting for organic growth. Apparently invented […]
June 26, 2018

EOS Block Producer Hears About ECAF Freeze Order A Little Too Late

Block producer EosStore failed to comply with the recent EOS Core Arbitration Forum order, leading to the loss of 3,570 EOS tokens from one account. Developer Simon Wang didn’t know about the order, and also, he was busy with some other stuff.
June 26, 2018

US: Florida to Create Position of Crypto Chief to Oversee Industry

Florida CFO Jimmy Patronis has called for the creation of the position of cryptocurrency chief to regulate the crypto industry within the state
June 26, 2018

Senator: Cryptos Pose ‘Host of Challenges’ for Congress

DarkTower director Scott Dueweke said cryptocurrencies are “tailor made” for foreign powers hoping to influence American elections.
June 26, 2018

Will Bitcoin Replace Popular Casino Payment Methods

Will Bitcoin Replace Popular Casino Payment Methods   Lately it seems that everyone has an opinion on bitcoin. Whether its journalists, bloggers or even futurists predicting the importance of cryptocurrency, bitcoin has definitely made an impact. However, the question on many people’s mind is whether bitcoin is poised to replace cash in the future and… The post Will Bitcoin Replace Popular Casino Payment Methods appeared first on Altcoin Today.
June 26, 2018

Ukraine Not Regulating the Cryptocurrency Mining Industry

Cryptocurrency regulation can come in many different forms and shapes. The mining aspect of this booming industry can be subjected to specific rules accordingly. For now, Ukraine is not interested in regulating cryptocurrency mining just yet. Crypto Mining in Ukraine Similar to a lot of other countries, cryptocurrency is very popular among enthusiasts in Ukraine. This is especially true where the local freelance community is concerned. Additionally, the mining of Bitcoin and altcoins has taken off in Ukraine over the past few years. It is an interesting business model, yet one which has some regulators concerned. Given Bitcoin’s “wasting” of electricity, that is not entirely surprising. As such, there were some concerns as to whether or not officials would regulate this industry. The way things stand right now, there is no need for a specific license or other documentation to mine […]
June 26, 2018

BeeChat Messenger App Launches In South Korea

China’s popular blockchain-based messenger app recently launched a Korean version.
June 26, 2018

Daniel Diemers From PwC Strategy& Switzerland: Adoption of New Technologies Requires More Education

What blockchain can do for the financial sector and whether Swiss crypto-francs are a good idea, interview with PwC’s Strategy&’s Daniel Diemers
June 26, 2018

Coinsecure Exchange Reveals Compensation Plan With a Catch

The Delhi-based cryptocurrency trading platform Coinsecure has officially announced its claims process for customers who were affected by the culprit who stole 438 BTC from exchange this past April. The firm plans to compensate Coinsecure users with Indian rupee as long as they sign an agreement that releases the company from any future liability. Also Read: A Character Called Bitpico Thinks He Can Stress-Test the BCH Network Coinsecure Announces Compensation Plan for the April 9 Theft Offering Impacted Customers Repayment in Indian Rupee On April 9 the Indian exchange, Coinsecure, lost approximately 438.31859715 BTC when the funds were stolen from an offline wallet. At the time of the incident, the loss accounted for over $3Mn USD worth of bitcoins and 11,000 Coinsecure customers were affected. Moreover, after the theft Coinsecure accused the company’s chief scientist Dr. Amitabh Saxena in playing a role […]
June 26, 2018

Blockchain Music Streaming Service To Increase the Amount Musicians Earn for Their Work

A new platform powered by blockchain promises to pay artists 80 percent of streaming revenue from their tracks #SPONSORED
June 26, 2018

How Likely is Uniform State Regulation for Blockchain Businesses?

In July 2017, the Uniform Law Commission (“ULC”), a non-profit which was established in 1892 to provide states with drafts of uniform state laws in areas in which uniformity would be appropriate, created a uniform model law called the Uniform Regulation of Virtual-Currency Businesses Act (the “Act”) to provide a consistent framework across states for […] The post How Likely is Uniform State Regulation for Blockchain Businesses? appeared first on Blockchain Beach | Blockchain News and Events.
June 26, 2018

Florida Is Creating Its Own Crypto Czar

Florida’s chief financial officer has created a new “crypto czar” to oversee regulation of the cryptocurrency and ICO space.
June 26, 2018

Expert Claims Cryptocurrency Market Will See Further Bearish Pressure

The cryptocurrency market finds itself at a bit of a crossroads. Prices remain relatively low with no real improvements in sight. In fact, some experts consider the most recent bounce back is only temporary. The market will seemingly turn full-on bearish once again in the very near future. The Bitcoin Rollercoaster Continues Over the past twelve months, there has been plenty of cryptocurrency market activity. Bitcoin reached a new all-time high in late 2017, dragging other cryptocurrencies along for the ride. A joyous occasion at that time, even though many suspected it wouldn’t be sustained for long. A massive market cap growth for no apparent reason is a sign of possible market manipulation. Since the start of 2018, nearly all of those gains have been eradicated in the process as all markets have suffered from setback after setback. Bitcoin, for […]
June 26, 2018

Bitcoin Is “Epidemic of Enthusiasm” Says Nobel Prize Winner Robert Shiller

Nobel economics prize winner Robert Shiller says that Bitcoin is a “social movement,” whose popularity is not reducible to “a rational response to new information”
June 26, 2018

Swiss NGO to Accept Crypto Donations for Food, Healthcare, Education for African Children

A Swiss-based NGO that provides food, healthcare, and education for African children will now be adding a donate in crypto option
June 26, 2018

Facebook Renouncing Ban on Cryptocurrency Ads

After a somewhat successful attempt at banning deceptive cryptocurrency advertising on their popular social media platform, Facebook has loosened their restrictions. The Ban On Crypto On January 30th of this year, Facebook launched an effort to ban all cryptocurrency-related advertising on their platform in an attempt to protect naïve social media users from falling victim to the scams running rampant in the industry. At the time, Rob Leathern, Product Management Director at Facebook, told media: We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency. Leading advertisers Google, Twitter and Snapchat quickly joined the anti-crypto movement and banned cryptocurrency ads across their networks as well, citing the same reasons as Facebook. The suppression was not entirely effective, […]
June 26, 2018

TRON Price: Onslaught Drives Price Below $0.4 in Quick Succession

The expected bearish pressure is hitting all cryptocurrency markets once again. Bitcoin is on the verge of dropping below $6,100 again, and all other currencies are taking a similar approach. It would appear the TRON price has taken a major beating again, even though it seems the worst may be yet to come. TRON Price is Fighting for Stability It has become more than apparent 2018 will not be the year of cryptocurrency except for the wrong reasons. As of right now, the industry looks ill and is bleeding value all over the floor. Fighting this trend is proving to be extremely difficult, as there nothing happening to warrant even the slightest of increases right now. More importantly, any small increase is pushed down immediately, which doesn’t bode well. For the TRON price, the year 2018 has been a mixed […]
June 26, 2018

Facebook Relaxes Ban, Accepts Some Crypto Ads

Now, at least some, crypto advertisers will find that they can post crypto ads on Facebook – if they are approved through an application process.
June 26, 2018

Facebook Reverses Ban on Cryptocurrency Ads, Maintains Ban on ICOs

Facebook has updated its policy to allow cryptocurrencies to once again be advertised, while upholding its ban on the promotion of ICOs and binary options
June 26, 2018

Andreessen Horowitz Launches $300 Million a16z Cryptocurrency Fund

Andreessen Horowitz is set for an even deeper foray into the cryptocurrency market. The Silicon Valley Venture Capital (VC) firm recently announced the launch of a $300 million cryptocurrency fund. Dubbed “a16z crypto,” the fund will focus on non-speculative use cases of blockchain technology. Details of the a16z Cryptocurrency Fund Announcing the fund, Chris Dixon, General Partner at Andreessen Horowitz, said that a16z crypto would invest in cryptocurrency companies and protocols. Dixon also explained that the firm was committed to leveraging traditional VC values into improving the digital currency space. The a16z cryptocurrency fund will provide access to the firm’s operating teams. Thus, virtual currency startup entrepreneurs will be able to benefit from the technical expertise of the company’s operating teams. According to Dixon, Andreessen Horowitz is committed to participating actively in the governance of companies that will benefit from […]
June 26, 2018

If You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators

While everyone is looking for an indication that institutional money is about to flood into bitcoin and revive the market, we just got another conformation that crypto has indeed entered the big leagues. Companies in the industry are now putting former regulators on their payroll, as is common for Wall Street mega banks, government-supported telecom monopolies, competition-stifling tech giants and the like. Also Read: Bitcoin in Brief: New Patents, Research Centers and a $300M Fund Another Regulator Gets a Big Paycheck Along the announcement of its new $300 million a16z crypto fund, Andreessen Horowitz also revealed it had hired Katie Haun as its newest general partner. While most tech publications hailed the move in the name of diversity and inclusivity, due to her gender, few took note that she is yet another in a string of government lawyers and regulators […]
June 26, 2018

People’s Bank of China Files Patent for Digital Currency Wallet

The Digital Currency Research Lab at the People’s Bank of China has filed a new patent for a digital wallet that would allow users to track their transaction histories
June 26, 2018

South Korean Firms Flock to Singapore for ICO Purposes

Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes ICOs, for Now It is always interesting to keep tabs on how the world of initial coin offerings is changing. With hundreds of companies attempting to raise millions of dollars every month, the competition isn’t slowing down by any means. At the same time, all of these companies face a high degree of regulatory scrutiny. An initial coin offering is still an awkward business model due to the involvement of tokens which potentially violate existing securities laws. In the United States, there has been an […]
June 26, 2018

Hedge Fund Sell-Offs ‘Could’ Artificially Lower Bitcoin Prices, Predicts Blockchain VC

Hedge funds ending their one-year lock-up period could take Bitcoin prices temporarily lower, blockchain VC Spencer Bogart predicts
June 26, 2018

Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking

Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.
June 26, 2018

Survey: Ownership of Bitcoin Could Double in the Future

New research has found that interest in Bitcoin could double in the future despite the fact that the currency fell to its lowest level this year over the weekend. 16% Expect to Own Crypto in the Future The latest consumer economic report comes from Dutch banking giant ING. It found that one in 10 Europeans currently own cryptocurrency. However, it determined that 16 percent of respondents expect to own digital currency in the future, reports the Independent. The survey was conducted across 13 countries, with around 15,000 people participating. Of the results, 15 percent indicated that they would consider receiving their salary in cryptocurrencies such as Bitcoin. This is despite fluctuating market prices. Jessica Exton, a behavioral scientist at ING, added: Based on our survey, ownership of cryptocurrencies could more than double in the future – although we do not know when… The […]
June 26, 2018

Andreessen Horowitz Launches a16z crypto Fund, Adds Kathryn Haun As General Partner

Katie Haun is the first woman to become a general partner at the venture capital firm.
June 26, 2018

Korea’s Exchange Hacks: What the Country’s Crypto Scene Is Saying

Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.
June 26, 2018

PR: Noah Project Partners with Dakak Beach Resort

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. The travel industry is considered as the fastest-growing economic sector in the world. According to the report of the UNWTO (World Tourism Organization), it provides about 10% of the global GDP and 30% of total export of services. For some countries, for example, Aruba, Malta, the Maldives, Cape Verde and others, tourism has become the main driver of socio-economic development through the creation of jobs, infrastructure and export revenues. At the same time, more and more people visit other countries for tourism purposes every year. In 2016 the number of international tourist arrivals (overnight visitors) […]
June 26, 2018

DEPOsiting the future

By now we’ve all heard about how blockchain tech is about to revolutionize almost every industry. But let’s be realistic – most industries are actually in no hurry to embrace a technology that’s a bit too revolutionary for them. It could take several more years for us to see a major shift. Disclosure: This is a Sponsored Article There are some industries, however, that are already looking around for profitable ways to implement blockchain and tokenization. Banking comes to mind. We all know about Ripple being a favorite among banks for fast and cheap cross-continental transactions. But there’s another major banking function that seems to be just as ripe for blockchain implementation. And that’s consumer lending. When applied to traditional loans, blockchain offers numerous advantages like transparency, efficiency, security, and most significantly – the use of cryptocurrency as collateral. The […]
June 26, 2018

Crypto Markets See More Red as Prices Slump Downwards

Crypto markets are down, despite some commentators’ expectations of a Bitcoin price rise following Tether’s release of 250 million tokens yesterday
June 26, 2018

EOS CTO Claims it Takes Three Parties to Reject Ethereum Transactions

It has become apparent that there is a lot of friendly competition among existing and new blockchain projects. In most cases, competition is a good thing, as it leads to innovation. However, the ongoing spat between EOS and Ethereum supporters is taking an interesting turn. Centralization is always a big concern when dealing with blockchain projects, after all. Removing Centralization From Blockchain and Cryptocurrency On paper, both blockchain technology and cryptocurrencies are designed to introduce a whole new level of decentralization. Bitcoin, for example, is touted as a global form of payment which doesn’t need anyone’s approval to be transferred around the world. However, there have been some centralization concerns when it comes to mining pools, network nodes, and the developers maintaining this particular project. Those issues are not unique to Bitcoin, though. Various other currencies and projects have received a […]
June 26, 2018

‘Roger Ver Will Now Cry’: Stress Testers Start Attack on Bitcoin Cash

BitPico, a group of “Bitcoin developers, miners and whales” which previously stress-tested the Lightning Network, has begun attacking altcoin Bitcoin Cash (BCH). ‘The Bcash attack has been started’ In a series of tweets beginning June 22, the group, whose members’ identities remains unclear, declared that having tested Lightning’s mainnet implementation for rigidity via a coordinated attack, it would do the same to test the BCH network – this time using a 51% attack. “The [Bitcoin Cash] attack has been started; it will continue to run as we work to amplify it over the coming months,” the first announcement reads. “We expect to have 5000 Bcash attack nodes in roughly 6 weeks and then we will multi-fork the chain. [Roger Ver] will now cry.” The #bcash $bch @bitcoin attack has been started; it will continue to run as we work to […]
June 26, 2018

Bitcoin Price Watch: Currency Sinks By $100

At press time, bitcoin has sunk to $6,200, and is trading for approximately $100 less than where it stood during yesterday’s afternoon hours. It appears the bears have not given up the reins just yet, and we still have a lot of catching up to do. Financial analyst Spencer Bogart says that bitcoin prices this year have been “unjustifiably low,” which he believes could still change in the future. He says the intense rise of bitcoin in 2017 called for a heaving correction in which several crypto hedge funds – built last year – are now “hitting their one-year lock up.” “If we go back to the summer of 2017, when crypto prices were booming, there were about 100, 200, maybe 300 new crypto hedge funds that were formed,” he explained in a recent interview. “They are saying, ‘Hey, I […]
June 26, 2018

Blocknomics to Drastically Expand Bitcoin Ecommerce Implications

A central goal among Bitcoin enthusiasts in early days of cryptocurrency was a growing presence of Bitcoin the e-commerce space. Since Laszlo’s famous first Bitcoin trade of 10,000 Bitcoin for Papa John’s pizza, merchant adoption of Bitcoin throughout e-commerce sectors continues to grow, Disclosure: This is a Sponsored Article Despite the ICO craze of last year, that saw the creation of thousands of new cryptocurrency projects, many focused specifically on coins geared towards e-commerce, Bitcoin remains the e-commerce King. Hundreds of online retailers now accept Bitcoin and have been for several years, including major retailers like Overstock, Newegg, Microsoft, and Expedia, all of whom have been accepting Bitcoin since 2014 or earlier. With the help of Bitcoin-friendly services like Purse.io and Gyft, Bitcoin can now be used to purchase almost anything.Since 2015, Blockonomics has been a pioneer in streamlining Bitcoin […]
June 26, 2018

Are You Ready for What Happens If Satoshi’s Coins Move?

There’s nothing remarkable about a bitcoin transaction; it happens hundreds of thousands of times a day. But there’s one set of addresses whose contents are watched with hawk eyes. Should so much as a satoshi move from one of those wallets, it will spark global headlines and make the markets go loco. That’s because those wallets belong to Satoshi Nakamoto and if his coins move, all hell breaks loose. Also read: Satoshi Nakamoto Known to CIA? FBI? Created by NSA? Search Intensifies Speculating About Satoshi’s Next Move Is Wargames for Bitcoiners Governments frequently play out wargames in which they enact various doomsday scenarios. A nuclear missile from a rogue state; a dirty bomb detonated by a terrorist group; chemical warfare on the streets of a major city: all these scenarios, and more, have been played out countless times by army generals […]
June 26, 2018

Canada’s Investment Industry Organization to Issue Proposals on Blockchain, Crypto Regulations

Canada’s Investment Industry Regulatory Organization has formed a working group to recommend a regulatory response to blockchain’s impact on capital markets
June 26, 2018

Overwinter Is Here: Zcash Claims ‘Successful’ First Hard Fork

Zcash has successfully activated its Overwinter hard fork, setting the privacy-focused cryptocurrency up for its major Sapling upgrade in the autumn.