May 25, 2018

Ethereum price Needs to Find Stability at $600

It is evident the cryptocurrency market recovery process is still in full effect as we speak. Whether or not this will lead to any major changes, remains to be seen. More specifically, things look somewhat promising now, but things can turn around fairly quickly these days. For now, the Ethereum price seems to be on the right track, as $600 is well within reach. Can the Ethereum Price Reach $600? After yesterday’s cryptocurrency market onslaught, any bets are off the table as of right now. Over the past week, it appeared as if the Ethereum price would successfully surpass $750, but that momentum quickly turned against the world’s second-largest cryptocurrency by market cap. Instead of reaching $750, the value quickly began to drop to $700 or lower. In the past few days, the Ethereum price took another solid beating, just […]
May 25, 2018

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

Bitcoin in Brief today features a couple of announcements adding to the growing number of bitcoin cash adoptions. A luxury cryptocurrency concierge now accepts BCH for the items it offers to the crypto rich – a logical step, according to its founder. An online travel agency is introducing three new coins to its payment options, including bitcoin cash, after “a huge uptick in the number of customers requesting alternative currencies”. Also, a cold wallet for institutions hits the market soon.    Also read: Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street Luxury Purveyor White Now Accepts Bitcoin Cash A US-based luxury crypto concierge service is now accepting bitcoin cash (BCH). The White Company, founded by former executive at Formula 1 and LVMH, Elizabeth White, offers high-end products and luxury brands, including fine watches and sports cars. […]
May 25, 2018

Barcelona Ready to Create a Blockchain Hub on its City Centre

There are different countries and nations that are starting to create crypto-friendly regulatory environments for blockchain-related business to settle their operations. This time, the Spanish city of Barcelona will create… Continue reading “Barcelona Ready to Create a Blockchain Hub on its City Centre” The post Barcelona Ready to Create a Blockchain Hub on its City Centre appeared first on .
May 25, 2018

Bitcoin Faces First Close Below This Key Long-Term Support in 2.5 Years

If bitcoin closes the week below the 50-week moving average it will increase the likelihood of a sell-off to $6,000
May 25, 2018

Alabama Securities Watchdog Hits 3 ICOs with Cease-and-Desists

The U.S. state of Alabama has issued cease-and-desist orders to three ICOs that were allegedly soliciting residents with unregistered securities.
May 25, 2018

Traders Think Regulatory Crackdown on Cryptocurrency Market Is a Good Thing

The cryptocurrency market is undergoing a shift as the issue of regulation remains at the fore of discussion; yet, according to some traders regulating the industry will be a good thing. Host of CNBC Africa’s ‘Crypto Trader’, and founder of OnChain Capital, Ran Neu-Ner, said on ‘Fast Money’ yesterday that with regulations put into place it will ‘open the floodgates for new money to come into crypto.’ He added that he encourages a crackdown in the market: “I hope that they can catch the people [conducting fraudulent activities], because we have to weed out the bad actors. If we have bad actors, it’s going to create a lack of trust in this asset class. If we want to make this a real asset class, with real people, then let’s weed out the bad actors. But the first step is, let’s legislate first; […]
May 25, 2018

Another One Bites the Dust: ShipChain Served with Cease and Desist Order

The Securities Division of the Office of the Attorney General in South Carolina has served ShipChain with an administrative order to cease and desist from conducting business transactions within the state. The ruling comes down after it was determined that the tokens offered by ShipChain during its ICO fell under the state’s legal definition of securities.  Oversight and tough calls are rampantly increasing on behalf of the Securities and Exchange Commission (SEC) in what is supposed to be an attempt to protect investors from fraudulent ICOs. Earlier this year, the SEC issued a report warning that certain ICOs might be classified as securities and, as such, exchanges which feature them needed to register with the SEC and to comply with the underlying regulations. In March, the State of Massachusetts led the march against ICOs, shutting down five different ICOs. Now, the State of […]
May 25, 2018

New Betting Trends: Bitcoin Betting on eSports Games

2018 seems to have been the year that consensus was reached around the world that Bitcoin, is here to stay. It’s been a wild ride for the cryptocurrency in the last few years. But having gained a serious foothold in industries like online betting, and having slowly edged its way into the mainstream consciousness, we can expect Bitcoin to be around for a long time to come. In fact, it’s likely to get a lot bigger in the coming years. Regardless of the future, we can say with certainty that Bitcoin is ‘trending’ in some sectors, one of which is eSports betting. You can bet using Bitcoin on games such as: ● Counter-Strike: Global Offensive ● Starcraft 2 – Wings of Liberty ● Hearthstone ● League of Legends If you’re interested in betting on CS: GO check out esportbets.se. Betting […]
May 25, 2018

Tencent to Use the Blockchain to Help China’s Taxman Authenticate Invoices

Tencent Holdings is turning to the blockchain technology to help the Chinese city of Shenzhen fight fake invoices and prevent businesses from taking advantage of tax loopholes. Shenzhen-based Tencent, who own the popular messaging-social-media-and-payments app WeChat, has teamed up with the Shenzhen branch of the State Administration of Taxation. Both organisations are hoping that the use of the blockchain will ensure the authenticity of invoices, according to a report from the South China Morning Post. In Chinese, the legal proof of payment is called a fapiao. In a statement, Tencent said: “We hope to make every fapiao checkable, verifiable, reliable and traceable, and use blockchain technology to manage the whole circulation process of fapiaos.” According to Pony Ma Huateng, Tencent’s chairman and chief executive, this represents the first application of the distributed ledger being used to check invoices in China. In Shenzhen, a fund has been established to focus on […]
May 25, 2018

Weiss Ratings Says People May Purchase Cryptocurrencies to Avoid Financial Crisis

Cryptocurrencies have been created as a way to avoid traditional financial institutions, and therefore, financial crisis. According to Weiss Ratings, the important independent rating agency believes that Americans may be… Continue reading “Weiss Ratings Says People May Purchase Cryptocurrencies to Avoid Financial Crisis” The post Weiss Ratings Says People May Purchase Cryptocurrencies to Avoid Financial Crisis appeared first on .
May 25, 2018

EOS Price Shows Strong Gains After Tough First Half of the Week

Even though all of the cryptocurrencies are slowly going back in the green, it remains to be seen how long this positive momentum will last. Yesterday was a rather troublesome day for all currencies, which also makes it slightly easier to recover the massive losses. The EOS price is definitely on a roll right now, thanks to a solid 12.63% increase over the past few hours. The EOS Price Recovery is in Effect After the steady declines yesterday, it is rather impressive to see some cryptocurrencies gain any sort of momentum in the past few hours. So far, the EOS price is clearly in the lead when it comes to short-term gains, although this momentum may not necessarily last all that long. Even so, EOS holders will be quite pleased with this latest development, even though there’s still a lot […]
May 25, 2018

Pink Taxis, Red Flags: A Deep Dive Into a Sketchy ICO

No team, plagiarized white paper, McAfee pump, promises of bitcoin-like returns, brand hijacking, a fake blog. Welcome to ICO-land.
May 25, 2018

Czech Utility Company Introduces Crypto Payments

One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to the energy sector.   Also read: Poll: Bitcoin More Popular With Czechs than the Euro Reaching Out to the Young People The firm in question, Pražská Plynárenská, is not new to the concept of diversification. It is one of the major suppliers of natural gas in the Czech Republic, serving 420,000 homes and businesses. The company is also an electric and heating utility which installs photovoltaics and gas-operated boilers, its website shows. According to its Bloomberg overview, Pražská Plynárenská is engaged in assembling and maintaining […]
May 25, 2018

What is Nexo (NEXO) – All You Need to Know

Nexo Introduction Nexo is a blockchain-based overdraft system that allows users to make instant crypto loans. At the moment, there is no other way in which crypto owners can use… Continue reading “What is Nexo (NEXO) – All You Need to Know” The post What is Nexo (NEXO) – All You Need to Know appeared first on .
May 25, 2018

Study Claims Cryptocurrency Values Based on Investor Sentiment

A recent study by the Warwick Business Schools claims that the whims and caprices of investors dictate cryptocurrency prices. The study, also claims that economic indices do not play a significant role in shaping the market dynamic. In short, cryptos are only worth as much as people are willing to pay for them. Cryptocurrency Value is Subject to Mood Swings Assistant finance professor at Warwick Business School, Daniele Bianchi, is the author of the research paper. The study considered the top 14 cryptocurrencies based on their market capitalization. The primary conclusion drawn was that hype and emotions played the most significant roles in determining whether the price of a cryptocurrency rises or falls. According to Bianchi: There is research showing limited similarities between Bitcoin and gold but looking across the 14 biggest cryptocurrencies the high volatility of their price means […]
May 25, 2018

Bitcoin Origin: Building Innovative, Decentralized, and Efficient Blockchain Solutions

Distributed ledger is the fundamental aspect of blockchain technology that incorporates all previous transactions. It is called distributed ledger due to the fact that it isn’t stored in a central… Continue reading “Bitcoin Origin: Building Innovative, Decentralized, and Efficient Blockchain Solutions” The post Bitcoin Origin: Building Innovative, Decentralized, and Efficient Blockchain Solutions appeared first on .
May 25, 2018

Blockchain Micro-Learning Platform to Help Students Earn as They Learn

A blockchain micro-learning platform is planning to incentivize students by offering them crypto tokens when they complete courses #SPONSORED
May 25, 2018

Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products from Japanese internet giant GMO may be nearing to a close, as the company announced Thursday: GMO Internet Group will launch GMO miner B2, which is our own high-performance computer for mining (mining machine), on Wednesday, June 6, 2018. We will mass-produce the world’s first mining machine equipped with a cutting-edge 7 nm process based semiconductor chip (7nm mining chip; ‘GMO 72b’), which will be shipped at the end of October 2018. Illustration of GMO miner B2 provided by GMO. The company has been working […]
May 25, 2018

Norfolk Southern the Latest Railway to Join Blockchain Transport Group

Norfolk Southern is the latest railway to join the Blockchain in Transport Alliance.
May 25, 2018

US: Shipping Startup Refutes Claims of Securities Laws Violations by State Regulator

Shipping startup ShipChain denies allegations by state regulators that it broke securities laws during its SHIP token sale
May 25, 2018

Could Cryptocurrency Be a Red Flag for U.S. Workers Seeking Security Clearances?

Technology and military experts suggest that candidates for defense jobs may not be able to obtain a necessary security clearance if they own Bitcoin or other cryptocurrencies.  The Struggle for Tech Talent in the Defense Sector The Pentagon is struggling to hire new tech talent. Unlike the private sector, the Department of Defense and certain other government agencies require a candidate to obtain necessary security clearances in order to be hired. This leaves a very shallow pool of tech candidates. Now a new question has arisen that could drain that pool even further. Is Owning Cryptocurrencies a Potential Security Risk? A recent article by Bloomberg Quint reports that the Defense Department and other agencies are debating whether owning cryptocurrencies like Bitcoin, Ethereum or Ripple may trigger a red flag for a security clearance. According to the report, there are currently around […]
May 25, 2018

EY’s Maritime Blockchain Insurance Tech Is Now Live

A group of companies piloting a blockchain-based insurance platform for global shipping industry said the technology is now live in commercial use.
May 25, 2018

Singapore Proposes Regulatory Changes Which Could Green-Light Blockchain Related Exchanges

The Monetary Authority of Singapore (MAS) has proposed changes to its current regulations which are expected to lower the market entry for blockchain related exchanges. A Regulator Responds to Blockchain & a Changing Financial Landscape According to reports, MAS  – which is Singapore’s central bank and financial regulator – has issued a consultation paper in which it is reviewing the current regulatory framework which has been in place since 2002. This is to accommodate the demands of a dynamic financial services landscape. All financial institutions and other interested parties have been invited to submit written comments to the paper by 22 June 2018. The authority has stated that the current regulatory framework cannot handle the demands of new business models that rely on emerging technologies. One of these changes is blockchain technology and its related services, referenced in the consultation paper as  “new […]
May 25, 2018

Police Officers in Ukraine Caught Secretly Mining Crypto at Work for Four Months

Employees of a regional police department in Ukraine were recently caught mining cryptocurrencies using the department’s resources, according to the court document. They had been mining for four months before they got caught and their mining farm seized. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Police Mining Farm Discovered Employees of the National Police of Ukraine reportedly set up a cryptocurrency mining farm in their workplace and mined cryptocurrencies for four months before they were caught, local media reported this week. The employees work at the Rivne Oblast regional police headquarters’ Communications Department. This information was revealed in the Rivne City Court document number No. 569/8710/18, Finclub reported. Ukrainian news agency Glavcom elaborated, “In April of this year, employees of the Department of Homeland Security of the Police Headquarters in Rivne Oblast identified the [crypto mining] equipment at […]
May 25, 2018

The Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue

(TL;DR: It has nothing to do with storage space limits) This is an indirect response to the following article by Afri Schoedon, a developer for the Parity Ethereum client, written less than a year ago: The Ethereum-blockchain size will not exceed 1TB anytime soon. I want to make it clear that I have respect for almost all of the developers in this space, and this is not intended to attack anyone. It’s meant to elaborate on what the real concerns are and explain how the original article does nothing to address those real concerns. I would actually love to see something that does, because then we can throw it into Bitcoin. That being said, there are some developers who mislead, obscure, ignore, and attack via protocol confusion like what occurred with 2X and the replay protection drama, but most aren’t like that. […]
May 25, 2018

Regulators on the hunt: Operation Crypto Sweep has begun.

United States Is Cracking Down On ICO Fraud — Operation Crypto Sweep Has Begun Regulators on the hunt: Operation Crypto Sweep has begun. was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 25, 2018

Uncensorable marketplaces

Uncensorable marketplaces was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 25, 2018

Building Layr: An Experimental Decentralized Cloud Storage System

With proofs of retrievability, file healing, and smart-contract powered payments Preamble This is a story about how three developers, inspired by the movement towards decentralization, built an experimental, decentralized cloud storage system. My goal in writing this is not only to explain some of the core challenges we faced and how we solved them, but to introduce readers to the problem space of decentralized cloud storage in general. Our process of development was, and continues to be, iterative. For each challenge we faced, we followed a systematic approach consisting of research, tradeoff-analysis, design, and implementation phases. The system I have described in this article is the final result of our first holistic iteration of development. Building Layr: An Experimental Decentralized Cloud Storage System was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to […]
May 25, 2018

The 4 Traits I Look For In Blockchain Projects I Advise

The 4 Traits I Look For In Blockchain Projects I Advise was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 25, 2018

24/05/2018: Biggest Stories in the Cryptosphere

by BlockEx 24/05/2018: Biggest Stories in the Cryptosphere was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 25, 2018

Tectonic Shifts at Consensus ‘18

Tectonic Shifts at Consensus ‘18 was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 25, 2018

How Blockchain Will Make Electronic Voting More Secure

How Blockchain Will Make Electronic Voting More Secure was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 25, 2018

Korea’s Government-backed HOOXI Campaign Issues W Green Pay (WGP), First Blockchain Enabled Reward System For GHG Reduction by Individuals

HOOXI campaign, backed by the Korean government and endorsed by Korean superstars, ventures into blockchain Anticipated HOOXI mobile application to be launched later this year; a solution to reward individuals contributing to Greenhouse Gas (GHG) reduction Globally first to incentivize individuals contributing to GHG reduction using blockchain technology Singapore, May 24, 2018 — W Green Pay (WGP), the blockchain from HOOXI, Korea’s government-backed Greenhouse Gas (GHG) reduction campaign, is taking a different tack at encouraging individuals to reduce GHG. While GHG reduction initiatives have been around, HOOXI is the first to directly reward individuals for reducing GHG. HOOXI is now venturing into adopting blockchain technology to help enable the reward system and facilitate the on-going reward distribution to individuals. W-Foundation, an international non-profit organization established in 2012 and a designated donation organization entitled by the Ministry of Strategy and Finance of Korea, […]
May 25, 2018

SAVII Digital Crypto & Blockchain Podcast Series Reaches Record Downloads

An international marketing agency based in Parnu, Estonia has released a series of educational podcasts for crypto and blockchain enthusiasts, of which their latest podcast has been downloaded over four thousand times in the last 24 hours. Savii Digital, a digital marketing agency focused on cryptocurrencies, blockchain technology and ICO promotion, has been producing a crypto and blockchain themed library of podcasts for anyone who wants to educate themselves on cryptocurrencies and blockchain technology. Crypto and Blockchain Talk is the name of their totally free and entertaining podcast series that has been on the market only for two months, with nine episodes in total. Still, this engaging podcast series has gained bright exposure and positive feedback within this time, and the downloads are a reflection of the popularity of these topics . The host of the show, Aviva Õunap, an […]
May 25, 2018

Only Few Days Left To Buy Game Stars Tokens With a 30% Bonus

The Game Stars gaming platform is a new project in the cryptocurrency market. Due to the wide prospects and high speed of development it raised a great interest among the crypto community. The proof is the successful completion of the pre-sale — all the tokens were sold out in a short time. Currently, the 1st round of Tokensale goes on. Very favorable conditions for investment are offered. Before May 27 you can buy GST tokens with a 30% bonus — it will automatically be credited to your account. Game Stars is preparing a revolution in the eSports market. Participation in the project is beneficial for all registered users. The project team has developed an effective growth strategy for GST tokens. Gamers, ad-managers and other participants need tokens to use the platform solutions. The growth in the value of coins will […]
May 25, 2018

Alphacat: Leveling the Playing Field for Cryptocurrency Investors

Anybody who has been following the cryptocurrency markets for a while knows that trading bots are a big influence on the wild price swings that we see. In the past, trading bots were utilized by Wall Street firms in order to buy and sell commodities with speed and precision. That was all well and good for large, rich companies but it meant that the average trader was left at a huge disadvantage. Well, now AIphacat’s AI powered robots are changing the game and leveling the playing field for all cryptocurrency investors, no matter what size their portfolio is. Imagine if you could have predicted that Bitcoin would jump from under $12,000 on December 6th, 2017, to over $18,000 in the space of just 48 hours, or you had known that it would drop back down to $12,000 just a few […]
May 25, 2018

Leading ICO Launchpad TokenMarket Becomes Member of the AMLT Token Network by Coinfirm

London, United Kingdom – May 24, 2018 – After the recent completion of its AMLT token sale, Coinfirm has on-boarded the first AMLT Network Member: TokenMarket. The AMLT Network was created to provide evidence for all actors in the crypto economy and help determine their further participation in the global financial system by illustrating their risk rating and in effect increasing the transparency and safety of the ecosystem. This aligns with TokenMarkets vision for the future of the token economy as the AMLT network will enable the ability to detect then report fraudulent actors and actions related to crypto addresses, including phishing scams, counterfeit transactions and ransomware attacks. The service makes it easy to ensure token sales have fair global reach and buyers honest without need to resort to hard country blocks or other excessive measurements. “TokenMarket and Coinfirm are […]
May 25, 2018

Tezos Community Petitions to End the Class Action Lawsuits

Tezos was conceived as a governance-based blockchain to rival Ethereum, but it’s become more synonymous with protracted legal battles and internecine conflict. As the latest class action lawsuit drags its way through the courts, the Tezos community has petitioned for an end to all the legal turmoil so that everyone can move on. Also read: US Justice Department Investigates Price Manipulation in Bitcoin Market Tezos Community Prepares an Amicus Brief Tezos community leaders are sick of all the lawsuits, so much so that they’re preparing to go to court themselves – to put an end to all the courtroom battles. The Stop The Class Action Lawsuits Against Tezos petition, which is to be filed in a San Francisco Court, asserts that the class actions filed by various other Tezos investors have no merit and should be dismissed. They write: We do […]
May 25, 2018

The Record-Breaking $152 Million Battle Over Blockchain Betting Tool Augur

An investor and three founders are being sued in a landmark cryptocurrency case centered on the ethereum decentralized application Augur.
May 25, 2018

James Rodríguez Announces to Launch Cryptocurrency with SelfSell

SINGAPORE, May 24, 2018 – The Golden Boot winner of the 2014 World Cup, James Rodriguez, announced today on his social media platform that he has signed an agreement with blockchain-based startup platform SelfSell, to launch his own cryptocurrency as a new vehicle to reflect his brand values, and build stronger fan relationships.   In the announcement made by the Colombian, Real Madrid and Bayern Munich star, the “JR10 Token”, which is named after him, will be available for pre-purchase via the SelfSell App on 27 May, making him the first international football player on active duty to break into the blockchain world through his own cryptocurrency asset.    The announcement comes as the player prepares for the 2018 World Cup, and bids to repeat the goalscoring success of four years ago. James attributes the growth in his professional football […]
May 25, 2018

Reshaping Shopping with Blockchain and AI – OSA DC Launches Token Sale

New York, N.Y, May 24, 2018 – OSA Decentralized (OSA DC), a team of experts in artificial intelligence, blockchain technology and the retail industry, has launched a token sale. The company’s goal is to use capital raised in the sale to scale their AI-powered blockchain platform and provide the entire retail industry with a much-needed digital overhaul.   Due to antiquated, analog-based systems still used in product ordering, shipping, and inventory management, retailers lose more than $400 billion each year. This also causes overstocking or under stocking, as many stores fail in their efforts to manage inventory based on customer demand. Supermarkets and grocery store chains lose an additional $100 billion annually when high volumes of unsold perishable foods pass their expiration dates and are discarded. OSA DC’s data and retail experts are dedicated to bringing order to the industry’s […]
May 25, 2018

Coinjar Launches Cryptocurrency Exchange Supporting AUD Pairings

Coinjar has announced the launch of a cryptocurrency exchange that will exclusively offer AUD currency for fiat pairings. The exchange currently offers AUD and BTC pairings for bitcoin, Ethereum, Litecoin, and Ripple. Also Read: US Justice Department Investigates Price Manipulation in Bitcoin Market Coinjar Launches New Australian Cryptocurrency Exchange Australian-founded cryptocurrency company Coinjar has announced that it has launched a cryptocurrency exchange exclusively offering fiat pairings in AUD. Coinjar exchange currently provides support for BTC, ETH, LTC, and XRP pairings. In addition to AUD pairings, all supported altcoins are available to trade against BTC also. The company is offering tiered accounts to users, with free accounts being charged a 1% fee for both orders that make and take liquidity from the order books. ‘Trader’ and ‘Premium’ accounts are also available for $500 AUD and $5000 AUD annually respectively – offering significantly […]
May 25, 2018

European Parliament Takes Step Toward Embracing Distributed Ledger Technology

A committee in the European Parliament passed a resolution that could lead to the use of distributed ledger technology throughout the continent.
May 25, 2018

American Express Could Use Blockchain to Protect Clients’ Identities and Combat Fraud

US-based financial corporation American Express is researching how blockchain technology can provide solutions to issues such as fraud and identity protection. More and more financial services companies are exploring how blockchain technology can make a difference, not only in their existing processes but also in providing improved user experiences for their clientele. Amex on Board the Blockchain Train Mastercard is turning to the crypto-supporting technology as is American Express. According to TechRadar, the latter will make a concerted effort to research how blockchain may not only protect their customers against fraud but also how it can keep their identities safe too. While at the Oktane18 conference in Las Vegas, the company’s VP of technology, Tereasa Kastel, chatted about the future blockchain plans of American Express: American Express is a very innovative company. They were working on blockchain specifically for financial transactions, […]
May 25, 2018

South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency

The central bank of South Africa will classify digital currencies “cyber-tokens,” claiming they don’t fit the definition of money
May 25, 2018

Meet Your Local EOS Block Producer Candidates

EOS will be the latest of the Smart Contract platforms to launch with their Mainnet going live in early June. Although the tools and infrastructure for the protocol is being built by Block.one, the live network will be operated by a combination of twenty-one different Block Producers in a Delegated Proof of Stake (DPoS) system. […] The post Meet Your Local EOS Block Producer Candidates appeared first on Blockchain Beach | Blockchain News and Events.
May 25, 2018

Shanghai Startup to Use Blockchain to Verify Wine Origin, Fight Counterfeits

Shanghai-based startup VeChain intends to verify the whole wine supply chain with blockchain technology
May 25, 2018

BCH Payment Processor Bitek Allows Colombian Merchants to Convert to Pesos

Two Bitcoin Cash (BCH) proponents, Javier Barrera and Andrés Rivera, believe the evolution of cryptocurrency will be bolstered by the BCH network so they recently developed a payment processor called Bitek.co. The company offers merchant processing with payable invoices, and accounting services as the Bitek platform provides merchants with the ability to accept BCH and convert all or a percentage of the funds into Colombian pesos. Also Read: Markets Update: Stormy Weather Continues to Plague Cryptocurrency Traders Bitek: Promoting the Use of Bitcoin Cash in Columbian Markets There’s a new payment processor for the Bitcoin Cash (BCH) network called Bitek.co  — a system that allows merchants from Colombia to accept BCH and convert to pesos immediately if they choose. The business model is similar to the Bitpay service as Bitek offers BCH-based merchant processing, invoices, and accounting services its customers. Bitek […]
May 25, 2018

Russian Central Bank to Pilot First Official ICO

Russian state-owned bank Sberbank and the National Settlement Depository will test the country’s first official ICO using the Russian central bank’s regulatory sandbox
May 25, 2018

‘I’ve Got More Money Than Your Country,’ Craig Wright Tells Rwanda

NChain CTO and self-proclaimed creator of Bitcoin Craig Wright has told members of a conference in Rwanda that he “has more money than their country.” Wright: ‘Quite Frankly,’ I’m Richer Than You Speaking at the Transform Africa Summit 2018 in the capital of Kigali, Wright made various assertions about his abilities to transform Africa using blockchain technology. The remarks formed part of a presentation titled “Bitcoin Cash: The Cryptocurrency & Blockchain For Africa.” Wright, who is known to be infamously outspoken, has caused anger in the cryptocurrency industry on multiple occasions through the use of coarse language to support claims such as altcoin Bitcoin Cash’s superiority over Bitcoin and that he is the latter’s founder, Satoshi Nakamoto. In Kigali, the Australian businessman appeared to continue the same traditions. “The fact of the matter on this is you can open up […]
May 24, 2018

ZIXX CRYPTOCURRENCY IS NOW TRADING – High-reward masternode cryptocurrency with dedicated charity nodes is live

24 MAY 2018: New masternode cryptocurrency Zixx is live and comes with some notable features. As standard, it offers secure, instant and private transactions. Benefits include high rewards, charity projects, low maximum coin supply, low coin emission, a useful bot and a full-time team. The most significant difference is that Zixx allocates a huge percentage (80%) of its rewards to masternode holders. This strategy aims to avoid the volatility often created by other distribution models. Zixx is now trading on the popular cryptocurrency exchange, CryptoBridge. For more, join the Zixx community at zixx.chat. Charity Nodes Zixx runs dedicated charity nodes to raise funds for worthy causes. Any member of the community can propose a registered charity to receive funding. Each quarter, the masternode holders vote on how to allocate the charity fund. CEO, Gerry explained “We live to give, and […]
May 24, 2018

The Sweet Smell of Success: Unilever-Owned Schmidt’s Naturals Adds Bitcoin as Payment Option

There are a lot of odd things you can buy with Bitcoin – spy gear, lasers, alpaca socks, and now, high-end deodorant. ‘Scent or Payment Method’ Deodorant maker Schmidt’s Naturals is the latest company to let online shoppers buy its products with Bitcoin. Co-founder and CEO Michael Cammarata claims Bitcoin has accounted for 5 to 10 percent of online sales since they started accepting the cryptocurrency on May 14. “It’s starting to be a percent of sales more than we expected,” he said in an interview with Cheddar. The all-natural deodorant comes in scents like lavender, tea tree, bergamot, and cedar and will set you back about $9, or 0.0011 BTC, a stick. Schmidt’s is the first company owned by hygiene giant Unilever to accept cryptocurrency as a payment method. Cammarata said: It kind of was actually a last minute surprise. We got […]
May 24, 2018

Qilimanjaro Brings Revolutionary Quantum Cloud Computing to the Masses

Quantum computing and blockchain startup Qilimanjaro aim to open up the power of quantum computation to the world via the cloud. May 24 th , 2018,  – Quantum computing is no longer a term that sparks the imaginations of science fiction fans, in fact, it is no longer a far-off a dream. A number of the most prominent tech companies such as IBM, Microsoft and Google are all invested in the race to build a fully-fledged quantum computer with the goal of achieving “quantum supremacy”. It is a milestone in computing technology and a term that refers to the moment when a quantum device performs a certain computation that can’t be reproduced on a  raditional computer. This is expected to be achieved by late-2018. Quantum Cloud Computing with Qilimanjaro The technological breakthrough represents one of the most significant and prosperous advances in the modern […]
May 24, 2018

German Bank and Steel Conglomerate Execute Forex Transaction via Blockchain

German Commerzbank and Thyssenkrupp have completed a blockchain pilot transaction of a forex forward worth €500,000
May 24, 2018

Zimbabwe High Court Reverses Central Bank’s Cryptocurrency Ban

Just recently news.Bitcoin.com reported on the Zimbabwe-based exchange Golix filing a lawsuit over the recent Reserve Bank of Zimbabwe (RBZ) ‘cryptocurrency ban’ that was issued in a financial guidance circular earlier this month. Now, according to numerous regional reports, the Zimbabwe High Court has ruled in favor of the trading platform’s argument because the RBZ failed to show up to the trial.   Also read: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now Harare High Court Reverses RBZ Cryptocurrency Ban Multiple regional news outlets and individuals on social media have reported that the Zimbabwe High Court has lifted the RBZ ban against cryptocurrency activities taking place within the country. The local digital asset exchange Golix decided to take the case to the High Court stating the RBZ had no right to enforce such laws and only the […]
May 24, 2018

More Americans Will Turn to Crypto If Fed Relaxes Post-2008 Measures, Analysts Say

As the U.S. Fed considers relaxing post-2008 bank regulations, Americans may conclude crypto is a safer bet, analysts argue
May 24, 2018

Mining Malware Continues To Dominate Cybersecurity Threats By Seeking Out New Vulnerabilities

Cryptojacking is fast becoming the biggest cybersecurity threat to businesses, which are being increasingly caught out by old server vulnerabilities
May 24, 2018

ShipChain Pushes Back Against Securities Violations Claims

In a statement, ShipChain said it did not violate securities laws or offer its token for sale in South Carolina.
May 24, 2018

Kepler Pre-Sale White Listing Now Underway

The gates of Kepler Technologies pre-sale white listing were opened on May 23 and it is currently possible for investors from all around the world to take part. In order to participate, all you need to do is register and get whitelisted and then reserve the amount of KEP you are planning on buying during this stage. The pre-sale will begin on May 29 and last for three weeks, ending on June 19. There is a total amount of 4,000,000 KEP tokens for sale that will be topped off with a 30% bonus on all purchases. The minimum investment amount is just 0.2 ETH and there is no maximum, making this a great opportunity for you to be part of something big. There is no guarantee as to when the tokens available during this stage will be sold out, so […]
May 24, 2018

Bitcoin Gold Network Loses Millions From A 51 Percent Attack

A person or group made off with $18 million in bitcoin gold after gaining control of 51 percent of the network’s hash power.
May 24, 2018

Monetary Authority Of Singapore Cautions Digital Token Exchanges

The Monetary Authority of Singapore has shut down an ICO and issued a warning to eight digital token exchanges about possible securities law violations.
May 24, 2018

Bitcoin Gold Hacked for $18 Million

It appears Bitcoin Gold (BTG) has been double spend attacked over and over again, totalling something in the neighborhood of $18 million at current prices. BTG forums seem to have been tracking the hack, going as far back as last week, monitoring the controversial coin’s hashrate, ultimately determining a 51% attack was under way. Also read: Roger Ver and Ryan X. Charles Reveal the Future of Cash Bitcoin Gold Gets $18 Million Haircut “An unknown party with access to very large amounts of hashpower is trying to use ‘51% attacks,’” Bitcoin Gold forum poster Mental Nomad announced a week ago, “to perform ‘double spend’ attacks to steal money from Exchanges. We have been advising all exchanges to increase confirmations and carefully review large deposits.” A founding economic principle of bitcoin was its alleviation of the double spend problem. It was […]
May 24, 2018

Payments Platform Uphold Completes XRP Ledger Integration

Digital payments startup Uphold has completed its integration with the XRP ledger, it announced Thursday.
May 24, 2018

Bank of Spain Governor: Cryptocurrencies Pose ‘More Risks Than Benefits’

Spanish central bank governor Luis Maria Linde believes cryptocurrencies are dangerous, but is open to blockchain technology.
May 24, 2018

Diamond Industry Giants Partner With Blockchain Startup to Tokenize Gems

Diamond Industry Giants Partner With Blockchain Startup to Tokenize Gems Two leading diamond industry players have agreed to work with blockchain startup D1 Mint Limited to tokenize diamonds, according to a May 23 press release shared with Cointelegraph. D1 Mint Limited, the creator of the diamond-backed crypto asset D1 Coin, has signed its first purchase agreement… The post Diamond Industry Giants Partner With Blockchain Startup to Tokenize Gems appeared first on Altcoin Today.
May 24, 2018

Bitfinex Reportedly Tied To Puerto Rico’s Noble Bank International

According to a Thursday report, Noble Bank International has provided its banking services to Bitfinex since sometime in 2017. The cryptocurrency exchange seems to have cycled through a series of banking relationships after Wells Fargo abruptly ended its relationship with the company in April 2017.
May 24, 2018

Korean Exchange Korbit To Delist Privacy Coins, Other Cryptocurrencies

A South Korean cryptocurrency exchange has revealed that it will delist Monero, Zcash, Dash, Steem, and Augur.
May 24, 2018

Ireland Clarifies Taxation of Crypto Transactions

The Irish revenue service has published a manual with guidelines aimed at eliminating the uncertainty surrounding the taxation of crypto transactions. Investors and traders of digital coins, businesses working with cryptocurrency and tax advisors, of course, can now find answers to many but not all of their questions. The notice has been issued at a time when tax authorities across Europe are trying to tap into crypto incomes and profits in the absence of dedicated regulations in most cases.   Also read: Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash Cryptos to Be Treated Under ‘Normal’ Tax Rules The “Tax and Duty Manual” issued by authorities in Ireland attempts to clarify matters related to crypto taxation and mostly confirms that the existing regulations apply to the crypto sector. The document provides guidelines on the tax treatment of various transactions […]
May 24, 2018

Operation Cryptosweep Finds Canadian Targets In British Columbia And Ontario

Canadian securities commissions aid in the hunt for cryptocurrency scams.
May 24, 2018

CryptoWild, the Newest Online Casino Accepts Bitcoin, Litecoin, Bitcoin Cash and Ethereum

Everything is getting Wild at CryptoWild, and they are inviting all crypto enthusiasts to join in on the ride.  CryptoWild is the newest of the Cryptocurrency Online Casino fold and… Continue reading “CryptoWild, the Newest Online Casino Accepts Bitcoin, Litecoin, Bitcoin Cash and Ethereum” The post CryptoWild, the Newest Online Casino Accepts Bitcoin, Litecoin, Bitcoin Cash and Ethereum appeared first on .