June 23, 2018

Indian Crypto Exchanges Prepare for RBI Ban – New Trading Tools, No Fiat

As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. Zebpay plans to continue crypto-INR trading pairs even after the ban. Unocoin has launched a weighted basket order tool to simplify crypto investing. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space No Fiat Withdrawals But Trading to Continue The date for India’s crypto banking ban imposed by the Reserve Bank of India (RBI) is drawing near. All regulated banks and financial institutions must stop servicing cryptocurrency exchanges by July 5. Zebpay, a leading cryptocurrency exchange in India, warned its customers this week that their “rupee withdrawals could stop,” citing RBI’s order. The exchange wrote: If Zebpay bank accounts are disrupted, rupee deposits and withdrawals will become impossible…[However] […]
June 23, 2018

South Korea: Reports of 10% Tax on Cryptocurrency Gains Are Fake

South Korea’s Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments.  10% Tax on Crypto Grains is Fake News Taxation has been a hot topic in the cryptocurrency world this year. Governments want their piece of the pie and traders are anxious to know how badly their tax collectors plan to gouge them. Luckily, many governments have already announced their stances on the matter. Some have chosen complete leniency—as with Thailand who waived taxes on cryptocurrency gains altogether—but others have taken cruel action to deter investors as with the United States who imposed a capital gains tax on every single microtransaction. One nation that has remained relatively quiet on the matter is South Korea and that has led to a lot of speculation from Korean crypto enthusiasts. Recently, reports have been circulating, stemming from an article […]
June 23, 2018

Bitfinex Loses Chief Strategy Officer

Last year, Bitfinex chose to sever relations with customers in the United States. Now the fourth-largest cryptocurrency exchange is losing their chief strategy officer (CSO), Phil Potter. The ongoing regulatory overtures by the US government has had some consequences. One such consequence was that Bitfinex, the world’s fourth-largest cryptocurrency exchange, decided to no longer do business with individuals from the USA back in August 2017. CSO Leaving Now, another consequence of the exchange turning away from working with the US is happening. The company’s chief strategy officer, Phil Potter, is leaving the company. In a statement, he says: As Bitfinex pivots away from the U.S., I felt that, as a U.S. person, it was time for me to rethink my position as a member of the executive team. In addition to leaving the exchange, Potter is also leaving his post […]
June 23, 2018

Are General Purpose Blockchains the Right Solution?

Are General Purpose Blockchains the Right Solution? was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 23, 2018

Top Five Biggest Crypto Mining Areas: Which Farms Are Pushing Forward the New Gold Rush?

Mining industry overview: Who will prevail in the cryptocurrency mining market in 2018? Top five biggest farms which mine Bitcoin on an industrial scale
June 23, 2018

CNBC Holds “Funeral” For Bitcoin, Brian Kelly Says Bitcoin is Still Not Dead

CNBC Holds “Funeral” For Bitcoin, Brian Kelly Says Bitcoin is Still Not Dead   CNBC is back again, with more cryptocurrency antics on the ‘Fast Money’ segment. However this time, Fast Money host, Melissa Lee, took jabs at the cryptocurrency market, holding a ‘funeral’ for Bitcoin. Fast Money Holds “Funeral” For Bitcoin, As Bitcoin approached $6,000, the aforementioned… The post CNBC Holds “Funeral” For Bitcoin, Brian Kelly Says Bitcoin is Still Not Dead appeared first on Altcoin Today.
June 23, 2018

Bitcoin Price Watch: Is the Recent Drop Part of a Bigger Picture?

At press time, bitcoin is retaining its $6,100 price from yesterday. The currency fell to this position from $6,700 after Japan’s Financial Services Agency (FSA) sent notifications to more than five digital currency exchanges saying that they must heighten their security measures against money laundering after noticing weaknesses in their infrastructures. Bitcoin has continued to suffer drops over the past week. Its initial slump to $6,700 occurred after hovering at the $7,600 mark for some time, and now the price is just $100 away from its February low. While bitcoin did drop below $6,000 during yesterday’s evening hours, things didn’t last, and the coin quickly pushed itself back up to $6,100, where it has been ever since. Bitcoin has allegedly lost over 70 percent of its value since December, when it managed to strike near the $20,000 range. However, many […]
June 23, 2018

Mt. Gox Bankruptcy Ends with Possibility of $1.2 Billion in Cryptocurrency Paid to Creditors

One of the most seismic hacks in Bitcoin history was Mt. Gox, the largest exchange at the time. Now a Japanese court rules that the exchange’s bankruptcy is over, opening the door for victim payouts. There have been quite a few hacks of Bitcoin exchanges over the years, but none have had the impact like the Mt. Gox hack. The exchange was once the largest one in the world, but it collapsed after 850,000 bitcoins were stolen. Pillage and Plunder At the time, the coins were worth $473 million. Today, they’re worth a jaw-dropping $5.2 billion. However, all was not lost as 200,000 bitcoins were found and then frozen as bankruptcy proceedings began. This, naturally, left many customers holding the bag, but now there’s a ray of light at the end of the tunnel. The Tokyo District Court put a […]
June 23, 2018

6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen. Coincidentally, in the days following the hack, there was a large marketwide dip — Bitcoin and Ethereum dropped 11 and 15 percent, respectively. Even those who don’t use Bithumb weren’t very pleased after the hack — as Bitcoin transaction speeds and fees soared, due to the exchange moving huge amounts of cryptocurrencies away from its hot wallets. On a small positive note, Bithumb promised to fully reimburse all those who had cryptocurrency stolen from them. (More) Trouble In Paradise For EOS […]
June 23, 2018

Are Centralized Exchanges Breaking the Crypto Promise?

Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37.2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail. Last December, another South Korean exchange called Youbit filed for bankruptcy after suffering hacks. Of course, these hacks are still much smaller than the infamous Mt. Gox hack. With such a terrible track record, why would anyone still work with crypto exchanges? Bitcoin, the world’s first cryptocurrency, was a direct response to the Great Recession of 2008; as central bodies collapsed, it offered a peer-to-peer, independent alternative with which to transfer funds. Blockchain is all about decentralization and removing the intermediaries which profit off one’s earnings and impose their biased will. But by removing them, we are also […]
June 23, 2018

What Is Forging, and Is It a Viable Alternative to Bitcoin Mining?

As more and more people join the cryptocurrency conversation, Bitcoin mining has been thrust into the limelight. And just like everything surrounding this inherently controversial industry, it’s shrouded in misconceptions. Bitcoin mining is disastrous for the environment. It’s expensive. It’s draining the earth’s natural resources. These are all valid arguments, but they are based on blinkered statistics. It takes a lot of power to mine Bitcoin and other cryptocurrencies; that’s no lie. But when we hear cries of “A single Bitcoin uses 32 terawatts of energy each year!” and “Mining Bitcoin can power 3 million US households,” we conveniently ignore the bigger picture. Bitcoin mining is no worse than, say, the energy we use to stream movies on Netflix, heat our houses, and update our statuses. Or take our cars on short journeys, deepen our carbon footprint by flying, eating […]
June 23, 2018

The Bitcoin-Culture Invasion: T-Shirts, Hats, Candles, Mugs, and More

Over the past year and a half bitcoin and cryptocurrencies have caused a serious hype that’s stretched a bit into the mainstream. These days people hear about digital currencies more often and one reason is due to all the fantastic crypto-infused products that have invaded pop culture. Cryptocurrency clothing, knitted sweaters, socks, coffee mugs, and backpacks sporting digital currency symbols, has grown quite extensive. Also read: Bitcoin in Brief: Plagiary, Numerology, and Nano Does a No-No The Crypto-Pop Culture Invasion: The Amount of Cryptocurrency Branded Products Out There Invading Our Mainstream Culture Would Make Andy Warhol Smile    Today we’re gonna talk about the massive amounts of goods available these days that show off everyone’s favorite cryptocurrencies in a fashionable sense. Back in the early days, you’d be lucky to get a bitcoin embroidered hat or a silk screened t-shirt […]
June 23, 2018

State of Cryptocurrencies: Summer 2018

by Adam Taché. Foreword This article will provide a comprehensive overview of the current state of the cryptocurrency ecosystem as of Summer 2018. This includes high-level introductions and discussions on top current and upcoming projects: Bitcoin, Bitcoin Cash, Chia, smart contract platforms (Ethereum, DFINITY, Cosmos, EOS, Filecoin, Rchain, Tezos, Algorand), privacy coins (Zcash, Monero, Grin/MimbleWimble, Mobilecoin), and stablecoin projects (Basis, MakerDAO). Bitcoin Overview: Bitcoin is the original decentralized, programmable cryptocurrency and market leader, and was launched in January 2009 by anonymous developer(s) using the pseudonym Satoshi Nakamoto. It’s primarily referred to as “sound money” and digital gold; proponents believe it may eventually transcend the store of value function to become the world reserve currency and international standard of value, and others view it as a hedge against adverse macroeconomic scenarios. State of Cryptocurrencies: Summer 2018 was originally published in Hacker Noon on […]
June 23, 2018

Bitcoin Price Hits Four-Month Low

The bears have been out in force throughout 2018, and they’re not done yet. The overall Bitcoin price hit a four-month low yesterday due to multiple issues. 2018 has not been a good year when looking at the overall Bitcoin price. The number one cryptocurrency by market cap reached almost $20,000 back in mid-December 2017, but this year has been one for the bears. Down, Down, Down Bitcoin hit a fourth-month low in price yesterday, coming in at $6,006. A lot of people predicted that the cryptocurrency’s value would rise a number of times this year, such as after the Consensus conference, but those predictions have come to naught so far. Some have claimed that there are multiple issues pushing the downward Bitcoin price. There have been a couple of exchange hacks this year, with Coinrail being targeted first and, […]
June 23, 2018

Decentralized Applications Stack

Decentralized Applications Stack was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 23, 2018

4 Blockchain Entrepreneurs Win $100K Thiel Awards

Entrepreneurs and developers behind four different blockchain startups can add their names to the list of Thiel Fellowship awardees.
June 23, 2018

Litecoin Founder Remains Optimistic Despite Recent Bithumb Hack

Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto exchange. The hack does not in any way reflect weaknesses in blockchain technology and should not lead to a price drop, Lee noted. Lightning Network, Security Measures, and a Bear Market The hack of Bithumb does not change the fundamentals of Bitcoin or the other cryptos, Lee stated in the interview. Drawing parallels between the hack and a bank robbery, the computer scientist who previously worked at Google and Coinbase said: Because it’s like, if a bank gets broken into and gold gets stolen, does that affect the price of […]
June 23, 2018

Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

Cardano co-founder Charles Hoskinson: Wall Street’s interest in crypto once regulation is sorted will bring in “tens of trillions of dollars”
June 23, 2018

Blockchain — A Musician’s best friend?

Musicians for the past couple of decades, have seen a huge decline in their net revenue from album sales, the most basic reason for the same have been the high constituting margins of record companies and production houses. This disrupted the state of musicians throughout the world, leaving them with striking low income for their talent. While there have been numerable amounts of attempts to lower the existence of such middlemen none have achieved a margin higher than 20 percent to the musicians. In 1999, Napster a company launched with the aim to create an environment to directly connect the fans with the musicians by use of a real time peer-to-peer file sharing system had given the world the first blood. Napster was later shut down due to alleged copyright infringements as well as a bankruptcy order of the courts. Today, blockchain […]
June 23, 2018

MIT Media Lab Project Enigma Partners with Intel on Privacy Research

American multinational technology company Intel has partnered with Enigma on research and development of privacy in computational technologies. Announcing the partnership in a blog post, Enigma said that it was excited to work with Intel as it seeks to advance its protocol and privacy technologies for public blockchains. The partnership comes a few weeks before Enigma launches its testnet and, later this year, its mainnet. Enigma will have access to Intel’s Software Guard Extensions (SGX) which will become central to its privacy-focused technologies, the company revealed. Partnering to Address Blockchain’s Biggest Challenges Enigma addresses two key challenges facing blockchain technology: privacy and scalability. Usually, various projects have focused on one while neglecting the other. Promising to turn ‘smart contracts’ into ‘secret contracts’, Enigma’s protocol withholds the input data in ledger transactions from the nodes that execute the code. This protects […]
June 23, 2018

 3 Altcoins & One ICO Worth Immediate Attention

Bitcoin and altcoins, in particular, have had some tumultuous times the past few months. However, it has become increasingly evident the majority of the ‘new’ traders were wiped out from the markets. Now that consolidation has occurred there could be bullish signs beginning to brew. Bitcoin, Altcoins in a Sea of Red It is never enjoyable to open one’s portfolio to witness a sea of red. However, this theme has become all too common in the past six months. The altcoin season of 2017 seems like a thing of history as the market has retracted more than 60%. Right? Well, it depends who is asked. Corrections are exceptionally healthy especially in markets that fluctuate hundreds of percent North and retract well over 50 percent. No one said crypto was easy to stomach. It is a fickle ‘asset/investment.’ With such extreme […]
June 23, 2018

US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Undermining US Laws Deputy Assistant Director of the US Secret Service’s Office of Investigations, Robert Novy, gave a testimony before the House of Representatives Financial Services Subcommittee on Terrorism and Illicit Finance on June 20. Novy explained that his agency is primarily concerned with the use of cryptocurrencies “in criminal schemes that undermine the integrity of financial and payment systems, their use in cases of fraud, and their general use as a means of money laundering,” stating: While some digital currencies have operated lawfully, others have been used extensively […]
June 23, 2018

Safest Wallets To Hold Ripple in 2018 | Beginner’s Guide

There many options of Ripple XRP wallets available and it can be pretty difficult to choose the right one. This guide will help you decide what kind of Ripple wallets… Continue reading “Safest Wallets To Hold Ripple in 2018 | Beginner’s Guide” The post Safest Wallets To Hold Ripple in 2018 | Beginner’s Guide appeared first on .
June 23, 2018

US Congresspeople Who Own Cryptos Will Have to Identify Themselves

The time to take a stand on cryptos for US House members has come. Those who have bashed cryptos in public but have secretly been investing in them will now be outed, thanks to a new memo issued by the House Ethics Committee. The committee announced that it had decided to consider cryptos as “other forms of securities” for the purpose of financial disclosure. Members of Congress who own cryptos valued at $1,000 or more will be required to include this information on their annual financial disclosure statements. The memo also laid out policies regarding the involvement of members in ICOs as the country awaits the SEC’s assessment on how the prevailing securities laws apply to them. Mining Included as Well Cryptocurrencies are still a new industry, and existing oversight bodies have yet to come up with comprehensive policies to […]
June 23, 2018

EOS Block Producers Reportedly ‘Ordered’ to Freeze 27 Accounts, ‘Reasoning’ to Follow

EOS Core Arbitration Forum allegedly orders the freezing of 27 accounts with the “logic and reasoning” for the order to be posted later
June 23, 2018

Coinage CEO: Market Needs to Move Beyond Bitcoin

Bitcoin is still the king of the cryptocurrency world, with almost every altcoin heavily tied to its price. Coinage CEO Chad Pankewitz, however, believes the market needs to move beyond Bitcoin if it is to have a sustainable future. Future of Trading Digital Assets There are dozens of exchanges currently open to the public and almost all of them use Bitcoin as a trading pair to hundreds of other altcoins. Using Bitcoin is often the only way to purchase many other cryptocurrencies, especially projects that have yet to gained widespread recognition. Coinage CEO Chad Pankewitz thinks that a Bitcoin decoupling needs to happen sooner rather than later. He told Venture Beat: From a long-term perspective, we want to take a stand, and the first steps toward moving the market away from being tied to Bitcoin…There are thousands of projects in […]
June 23, 2018

Wendy McElroy: Crypto as Class Warfare

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 1 Crypto as Class Warfare “Antagonism between the classes will be removed. I do not envisage a dead and artificial level among the people. There will be a variety among them as there is among the leaves of a tree. There will certainly be no have-nots, no unemployment, and no disparity between classes and masses such as we see to-day. I have no doubt whatsoever that if non-violence in its full measure becomes the policy of the State, we shall reach essential equality without strife.” -Mahatma Gandhi Cryptocurrency is the realization of an anarchist dream that dates back centuries:  a free currency and a free banking system. Crypto is in its infancy, which means  its future applications are electrifyingly unpredictable, except in one regard: […]
June 23, 2018

Bitcoin Price Analysis: Is It Over?

Is contagion from India’s Zebpay flash crash to $5,700 responsible for the pullback in bitcoin price or something else in the works? Market Overview Up till yesterday, BTC traded within a narrowing triangle, leaving investors guessing which side the cryptocurrency would choose but as a third attempt to surpass $6,800 failed, BTC briefly reversed back below the $6,700 support and $6,600 protected against further decline. Fast forward to Friday and BTC broke the support at $6,720, $6,550 and as mentioned earlier, touched a new monthly low near $6,075. Generally, the king of cryptocurrencies has been in a downtrend since dropping out of the ascending wedge on June 4th, but there are other factors that could be contributing to the current pullback. This week’s $30 million Bithumb hack appears to have had limited impact on BTC price and its not yet […]
June 23, 2018

Want to Take a VR Tour Inside a Cloud Mining Farm?

Regardless of your knowledge of cryptocurrency mining, you should seriously consider taking a virtual tour of HIVE Blockchain’s new spacious mining farm. Located in Sweden, the tour gives novices and experts alike the chance to see for themselves what exactly a mining farm looks like. For the less knowledgeable, it also serves as an opportunity to understand what goes on inside the halls of a large-scale crypto mining operation—which, unlike traditional mining operations, is completely digital. HIVE’s latest facility isn’t your uncle’s desktop mining setup. In fact, mining farms this massive in scale only come along rarely, and when they do, it’s uncommon that their owners allow the general public a peek inside, free of charge. But that’s precisely what HIVE Blockchain (TSX.V: HIVE) did when they released a 360° VR tour inside of their massive Sweden-based mining farm last […]
June 23, 2018

Crypto Markets Fall Further Amidst Week of FUD From Asian Sector

Crypto market slumps further despite positive news of an end to the Mt. Gox Bitcoin sell offs
June 23, 2018

Will Switzerland Become a Crypto Friendly Country? Latest News & Developments

We have been writing so many times about how blockchain is changing different industries, governments and companies. And in general, distributed ledger technology is going to change the way in… Continue reading “Will Switzerland Become a Crypto Friendly Country? Latest News & Developments” The post Will Switzerland Become a Crypto Friendly Country? Latest News & Developments appeared first on .
June 23, 2018

What Is CEEK Cryptocurrency?

It is estimated that nearly 60 million concert tickets are sold in North America each year, thus indicating a strong demand for live entertainment on this side of the globe. However, it should be noted that many top performers are still not able to meet the hundreds of venue requests that they receive on a near-daily basis, creating significant missed revenue opportunities. CEEK is an all-new entertainment ecosystem that is powered by Ethereum-based smart contracts and governed via the use of a native blockchain protocol. In its most basic sense, CEEK enables concert-goers to virtually experience live performances by their favorite bands and artists without having to physically be present at the venue. As a result of this, performers can potentially sell an unlimited number of virtual tickets as well as authentic digital merchandise. From a functional standpoint, CEEK allows […]
June 23, 2018

Crypto Non-Profits Are Flawed – Zcash Thinks It Can Change That

Ahead of the Zcash Foundation’s first big gathering, crypto aficionados are watching to see if the non-profit can redeem a maligned governance model.
June 23, 2018

Crypto Trading 101: A Beginner’s Guide to Candlesticks

If you have ever been confused by patterns flashing on crypto charts, this crash course on candlesticks will help clear a few things up.
June 23, 2018

Supremes Uphold Cell Privacy, Hope for Ross Ulbricht

The United States Supreme Court, in a 5-to-4 decision for the case Carpenter v. United States, ruled cops cannot access cell phone tracking information without a warrant. Around the country, privacy advocates and the mainstream media are hailing it as a “landmark” case. We’re told it has implications, “significance” for not only Fourth Amendment searches and seizures, but also for First Amendment expressions of speech. While better than the alternative, Friday’s decision is far from a satisfying answer.   Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Supreme Court Issues Narrow Cell Phone Privacy Victory For the cryptocurrency community, cell phones, smart phones, mobile phones are a vital part of life. The misnomer is that they’re referred to as “phones.” They’re of course much more. They are computers, hot hard drives many of us use as […]
June 23, 2018

DICE’s Investment Mining Explained

Cryptocurrency is the new money. Being widely adapted over the initial years of friction in acceptance, the world is ready for the innovation it is about to bring. Along with Cryptocurrency, comes the new found freedom for traders and startups. Cryptocurrency ecosystem coined a new term of raising capital – the Initial Coin Offering (ICO). Although it opened up new gates of raising funds for the tech start-ups, but with lots of advantages, ICO carries its baggage of problems too, such as – An organization with physical nature of commodities cannot digitize its products hence are not able to move to cryptocurrency platform. The process to reach ICO itself is very time consuming and expensive. Proof-of-work poses challenges and problems like higher computation power consumption. DICE cryptocurrency comes as a potential solution to all these challenges and opens up the […]
June 23, 2018

What Is 21e8?

If you’ve spent much time on crypto Twitter within the past couple of days, you may have seen some discussion and even hysteria regarding a recently-mined block. Block #528249’s six leading characters were “21e800”, a phrase that has grabbed the attention of conspiracists and curious individuals throughout the cryptocurrency space. “An Exceptionally Simple Theory of Everything” is often referred to as E8 Theory, the mathematical model on which it is based. The Theory of Everything asserts that the interaction of all forces within the universe can be explained through a single mathematical model. It was first introduced in 2007, and remains unproven. E8 Theory provides a major stepping stone in unlocking the potential of quantum computing. Quite possibly the longest and most cryptic hashtag to gain traction on Twitter, #00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a has been the source for discussion on whether or not 21e800 carries […]
June 23, 2018

3 Reasons Why ‘This Is Not the Funeral For Bitcoin,’ According to Brian Kelly

While some analysts are stereotypically predicting Bitcoin’s funeral following its continued bearish trend, trader Brian Kelly has urged followers to cool their jets and look at the bigger picture. 3 Reasons Why Bitcoin is Not Dead There are three primary reasons why Bitcoin’s current price action is not indicative of the first and foremost cryptocurrency’s untimely death, according to popular trader Brian Kelly. “This is not the funeral for Bitcoin whatsoever,” the CNBC “Fast Money” analyst told viewers following the cryptocurrency market leader’s most recent plunge. “All of a sudden we’re declaring that the Bitcoin funeral is here.” That sentiment, Kelly argues, is a positive sign for an impending reversal of price action. He explained: When we start to declare a funeral, and things get really horrible, the sentiment is approaching the lows. So, hopefully, we’ll use that funeral FUD […]
June 23, 2018

Cryptocurrency Trading Will Change Forever with AI Trader

One of the most important GPU based mining firms, known as Kingdom Mining, announced the launch of an autonomous cryptocurrency trading platform known as AI Trader. Just two weeks after… Continue reading “Cryptocurrency Trading Will Change Forever with AI Trader” The post Cryptocurrency Trading Will Change Forever with AI Trader appeared first on .
June 23, 2018

Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned

According to a board member at the Swiss National Bank, enthusiasm has waned for issuing a state-backed digital currency
June 23, 2018

Plair (PLA): Distributing Wealth to Gamers

Plair life (PLA): Distributing Wealth to Gamers Plair (PLA): Distributing Wealth to Gamers was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
June 23, 2018

The Daily: Analysts Predict Bitcoin Will Rebound, Enthusiasm for State Coins Lost

In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. Another senior Swiss central banker has noted the diminishing enthusiasm of governments to mint digital coins. Venezuela gives an example – Caracas has recently fired the nation’s crypto superintendent, reportedly for failing to raise billions through Maduro’s favorite El Petro.  Also read: Bitcoin in Brief: Plagiary, Numerology, and Nano Does a No-No Bottom Line: Bitcoin Will Recover It takes a lot of optimism to make bullish predictions at a moment like this, but if it’s a relatively long term prognosis for growth, preceded by a short term one for further drop, then it does sound like a safe bet. Todd Gordon, founder of Tradinganalysis.com, […]
June 23, 2018

EOS Decides to Freeze 27 Accounts – Which Are the Reasons Behind That?

Some days ago, EOS was able to finish its Mainnet token swap, an important event after launching its mainnet. Its blockchain network has been live for just a week, but… Continue reading “EOS Decides to Freeze 27 Accounts – Which Are the Reasons Behind That?” The post EOS Decides to Freeze 27 Accounts – Which Are the Reasons Behind That? appeared first on .
June 23, 2018

John McAfee Survives Assassination Attempt

John McAfee is one of the most important figures in the cryptocurrency space. He is always giving comments about Initial Coin Offerings, virtual currencies and politics in general. This time,… Continue reading “John McAfee Survives Assassination Attempt” The post John McAfee Survives Assassination Attempt appeared first on .
June 23, 2018

PR: Propy to Hold Real Estate Auction on Blockchain

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. Global property store with a decentralized registry Propy in collaboration with Hilton & Hyland Real Estate, a leading luxury brokerage are selling ownership for Rome’s architectural Masterpiece el Palazzetto Mansion in a historical blockchain auction. Set to begin on June 28th, 2018 at noon PST, the event will accept offers both in USD and in cryptocurrency. The Palazzetto Mansion was built by geniuses of the Italian Renaissance and it is located in the center of Rome’s historic Palazzo Albertoni Spinola declared World Heritage site by Unesco. This prestigious area and its richness of prominent archaeological […]
June 23, 2018

Bank of England to Rebuild Settlement System to Interface with Blockchain Platforms

The Bank of England will rebuild its Real Time Gross Settlement system to interface with platforms using distributed ledger technology
June 23, 2018

Do Banks Even Want to Go Blockchain?

Here’s why some banks are not really happy about moving to blockchain
June 23, 2018

What is WaykiChain (WICC) – All You Need to Know

WaykiChain is a blockchain-based gambling platform that supports Turing devices. Other highlights include the fact that it makes use of a DPoS (Delegated Proof-of-Stake) consensus mechanism, that it generates a… Continue reading “What is WaykiChain (WICC) – All You Need to Know” The post What is WaykiChain (WICC) – All You Need to Know appeared first on .
June 23, 2018

Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019

Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019 Todd Gordon, founder of TradingAnalysis.com predicted Bitcoin (BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft June 22. Gordon suggested that BTC will drop below $5,000, subsequently hitting $10,000 by the end of the year, citing significant market volatility to be the… The post Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019 appeared first on Altcoin Today.
June 23, 2018

Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list. At just 7.94 cents per kilowatt-hour, the town’s commercial electricity rates are more than 21% lower than the national average. City leaders have been using these lower prices to entice new businesses into the area – and it appears to be working. Walmart and FedEx both have data centers in the area which require large amounts of electricity to run. Bitcoin mining farms have similar power needs, making Colorado Springs a great place to set up shop. […]
June 23, 2018

Quebec Hikes Electricity Price: Crypto Miners to Pay up to 3 Times Current Rate

The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations. In addition, several crypto-related proposals have been submitted including one that requires crypto firms to bid for power. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Price Hike for Crypto Miners Quebec, a province in eastern Canada, offers one of the lowest power rates in North America. Its electricity is generated, transmitted, and distributed by the country’s largest electric utility, Hydro-Quebec, which was formed by the government in 1944, and currently has over 4 million customers. The utility has been courting cryptocurrency miners for months to use its surplus electricity. However, due to an overwhelming number of requests for crypto mining operations, the province has decided that it “will make electricity […]
June 23, 2018

Content Creators Get what they Deserve with Decentralized Platform ICST

Blockchain startup ICST (Individual Content and Skill Token) from the People-Joy Foundation deliver an ecosystem for the creation, publication, promotion, and trading of individual content and skill. June 23nd, 2018, Singapore, Malaysia – The boom of blockchain technology has caused many new industries to emerge and thrive; new skills, services, and products that can be distributed through the internet have allowed even the most novice of content creators to make money. An almost endless list of possibility has emerged, online gaming, YouTube, Social media, independent music production, and blogging are to name but a few of the ways that independent content creators can make a name for themselves. However, despite the rapid growth of independent content and skill sharing, the relatively infantile industries are struggling with some fundamental issues. Industry Problems and ICST ICST has taken a look at these […]
June 23, 2018

SEC Continues to Receive Numerous Complaints Involving Coinbase

Coinbase is one of the largest cryptocurrency trading platforms to date. It is accessible in many countries and is quickly expanding its presence. Even so, the SEC has received a growing number of complaints regarding this company, which is rather worrisome. Mounting Complaints About Coinbase While many people put their faith in the Coinbase trading platform, some users are regretting doing so. As is usually the case when companies become popular overnight, there are things which will need to be improved upon. The company has seemingly done a relatively good job of fortifying its market position. Even so, there are a growing number of complaints regarding this exchange. Most of those complaints have been filed with the SEC, which has already received over 200 pages of negative comments, documentation, and so forth. That is not a positive development for this particular […]
June 23, 2018

Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019

Market analyst predicts Bitcoin to drop to $4,000 prior to a rebound above $10,000 by 2019
June 23, 2018

Goldman Sachs CEO: Bitcoin ‘Not for Me’

In a somewhat surprising interview, Goldman Sachs CEO Lloyd Blankfein said that while Bitcoin was “not for me,” he did say that he could envision a future for the cryptocurrency. A lot of the traditional financial giants expended a lot of effort and time denigrating the rise of cryptocurrency. What a difference a year or so makes. JP Morgan CEO Jamie Dimon once called Bitcoin a “fraud,” but now many of the investment powerhouses are dipping their toes into the cryptocurrency space. Bitcoin ‘Not for Me’ CNBC caught up with Goldman Sachs CEO Lloyd Blankfein at a talk at the Economic Club of New York. On the subject of cryptocurrency, he was extremely open-minded, a refreshing change of pace from many of the Wall Street titans. He talked about how the economic system used to be based on gold but […]
June 23, 2018

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 22

What are the buying opportunities? See in our latest price analysis
June 23, 2018

Litecoin Sinks to Lowest Price in 7 Months

Litecoin Sinks to Lowest Price in 7 Months Litecoin’s (LTC) price hit a seven-month low on Friday as the cryptocurrency markets turned risk-averse. The world’s sixth largest cryptocurrency by market capitalization fell to $84.39 at 14:00 UTC – its lowest level since November 29, according to CoinDesk’s Litecoin Price Index – and was last seen at $84.99,… The post Litecoin Sinks to Lowest Price in 7 Months appeared first on Altcoin Today.
June 23, 2018

Designing Multi-Token Economies

Blockchain projects and decentralized applications (Dapps) typically revolve around one cryptoasset. The payment, utility and security functionalities of are bundled together; but what if they weren’t? A single token model makes funding, development and user experience easy. However, in a world of infinite and programmable digital assets, this would be only scratching the surface of what is possible. We are experiencing an explosion of token engineering, cryptoeconomic primitives, token building blocks and design patterns. Token building blocks still center around the use of a single fungible token (FT), but with emerging markets for non-fungible tokens (NFTs) and crypto collectibles, the world of blockchain based games and applications is about to get rocked! In this post, I explore the design of multi-token economies. I will show how permissionless innovation, building on top of single token economies today can expand value for the […]
June 23, 2018

‘Future Is Bright’ – Ethereum Co-Founder Bullish On Multi-Trillion Dollar Cryptocurrency Market

Co-founder and former Ethereum CEO Charles Hoskinson makes a bold statement on his positive outlook for the future of the cryptocurrency market.  Chomping At The Bit Charles Hoskinson – co-founder and previous CEO of Ethereum and current CEO of Input Output HK (IOHK) – shared a hopeful and uplifting sentiment today on Twitter today: What’s often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, wall street is showing up to the party with all their locked up capital. That’s tens of trillions of dollars entering the space eventually. Future is bright — Charles Hoskinson (@IOHK_Charles) June 21, 2018 Hoskinson references the ‘broken record media’ – mostly mainstream news sources – that are constantly claiming that Bitcoin and cryptocurrencies are simply a ‘bubble‘ that is ready to burst. Currently, the […]
June 23, 2018

Crypto Facilities Launches Litecoin-Dollar Futures Contracts

It was only a matter of time before new futures contracts involving different cryptocurrencies came to market. Contrary to what most people expected, it appears Litecoin futures are of great interest to Crypto Facilities. It is an interesting concept which will bring more attention to one of the older alternative currencies still on the market. Litecoin Futures Could Be a Game Changer When Bitcoin futures were first introduced, a lot of people had high expectations of them. On paper, they are a perfect solution to expose institutional investors to cryptocurrencies without having to buy cryptocurrencies directly. It is a system that works well, although it has not become all that popular just yet. Even so, there is no time to stand still in this industry, as innovation remains critical. UK-based Crypto Facilities has been looking at other ways to introduce new […]
June 23, 2018

Crypto Markets, Weak Demand from Miners Hurt GPU Producers

Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up. Also read: Bitcoin Businesses Denied Banking Services in Ireland Excess Inventory Due to Weak Sales in the Crypto Segment Recent tech media reports suggest that the leading video card maker, Nvidia, is experiencing excess inventory issues in the GPU channel. The surplus is most likely the main reason for the delay in the launch of Nvidia’s new gaming card based on the Volta architecture, which was expected to replace the Pascal generation. The postponement was confirmed in comments made by Nvidia CEO Jen-Hsun Huang during Computex 2018. He said […]
June 23, 2018

Bahamas Central Bank to Launch Pilot Digital Currency

The Bahamas’ central bank has announced plans of introduction of a national digital currency, as well as develop blockchain-based projects
June 23, 2018

Perfect Day: 24 Hours with Blockchain (Part 2)

This is Part 2 of a story following a young man living in a fully decentralized world through an hypothetical 24 hour-scenario using solely current projects based on Blockchain technology. Click here to start with Part 1. 01:00 PM This morning of decentralized hard work and Colombian coffee have made me hungry. I am supposed […] The post Perfect Day: 24 Hours with Blockchain (Part 2) appeared first on Blockchain Beach | Blockchain News and Events.
June 23, 2018

EOS’ Blockchain Arbitrator Orders Freeze of 27 Accounts

For the second time in EOS’ infancy, transactions are being censored. For some, it’s a way to stop scammers. For others, it’s centralized overreach.
June 23, 2018

Bitcoin Price Falls Below $6,000 to Hit New Low for 2018

The price of bitcoin slid below $6,000 on Friday, hitting a new low for 2018.
June 23, 2018

What Is Taxbit?

Filing taxes pertaining to Bitcoin and other cryptocurrencies remains a very big problem for a lot of people. While some interesting tools exist, the process needs to be made easier and more straightforward. Taxbit can be a very helpful tool in this regard, although it may not be for everyone. The Idea Behind Taxbit On the surface, Taxbit is designed to make filing taxes associated with Bitcoin and various altcoins a lot more straightforward. Its tax engine will let you “view the real-time tax impact of all your crypto transactions”. That is certainly a very different take on things, and one that can offer a degree of convenience which other tools do not provide at this time. How Does it Work? Having the ability to gauge the real-time tax impact of one’s cryptocurrency transactions is a big deal. One of […]
June 22, 2018

Mayo Clinic Looks To Blockchain For Medical Record Storage

The high-profile healthcare center is researching how blockchain technology may enhance the security of stored electronic health records.
June 22, 2018

Walmart Awarded Patent for Blockchain-Based Medical Records System

Retail corporation Walmart has been awarded a patent for a healthcare information system, which will store medical data on a blockchain from a wearable device
June 22, 2018

Crypto Sports Betting Comes Of Age For Russian World Cup

We are now enjoying the Football World Cup that is taking place in Russia and there has never been such an important number of Bitcoin sports betting options. Indeed, during… Continue reading “Crypto Sports Betting Comes Of Age For Russian World Cup” The post Crypto Sports Betting Comes Of Age For Russian World Cup appeared first on .