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SIM Hijacking Spree Ravages 40 Cryptocurrency Investors, Over $5M Stolen
A brief series of cyber attacks recently led to the theft of an astoundingly large amount of cryptocurrency. The perpetrator, Joel Ortiz, broke into his victims’ cryptocurrency accounts and withdrew funds. дальше »
2018-8-2 02:38 | |
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Crypto Gamblers Are Placing Blockchain Bets For Donald Trump’s Murder, UK Regulators Baffled
Blockchain and cryptocurrency technology has always lent itself to darker themes and nefarious uses. In the beginning days of Bitcoin, the primary use of the currency was on the underground black market. дальше »
2018-8-1 12:33 | |
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Check Which Coins You Can Spend With Debit Cards and Why Upcoming Fuzex Chooses BCH
Recently, we covered some of the most popular debit cards used for crypto payments and we’d like to tell you more about the cryptocurrencies they support. Most of these cards are issued by well-known names in the space, but a new project is now offering you fast and cheap transactions with BCH – a feature […] The post Check Which Coins You Can Spend With Debit Cards and Why Upcoming Fuzex Chooses BCH appeared first on Bitcoin News. дальше »
2018-8-1 08:05 | |
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Central TX Town hit Hard by Unemployment Finds Hope in Bitcoin Mine
Now the small town of Rockdale, about an hour northeast of Austin, is hoping the days of “used to” are used up. A Chinese company plans to open a Bitcoin mining operation in part of the old Alcoa plant just outside of town, bringing with it the prospect of 300-500 jobs, according to local media reports. дальше »
2018-7-31 20:36 | |
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Bodhi Bets on the Decentralized Prediction Marketplace
As with brick-and-mortar industries that are slowly fading away to the globalism of the online world, so too will the traditional prediction market industry have to innovate to keep up with the sheer efficiency, reliability and security that the decentralized prediction markets promise to bring. дальше »
2018-7-31 15:58 | |
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Employee Secretly Mined 500K Bitcoins Only To Lose Them Later
3dman_eu / Pixabay Bitcoin mining can be costly, so one crooked miner came up with a turnaround to lower his cost. This person used the resources of the company for which he was working to secretly mine Bitcoins, according to Rubase. дальше »
2018-7-31 10:28 | |
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Bitcoin ETF Rejection Sparks Firm’s Public Protest
Smarting from its bitcoin exchange traded fund (ETF) denial by the United States Securities and Exchange Commission (SEC), Van Eck is pushing back in a formal letter of protest. A public response published on the SEC’s site methodically addresses each concern the regulator used in its rejection: valuation, liquidity, custody, arbitrage, and manipulation. дальше »
2018-7-31 01:15 | |
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Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor
Archaeologists are arguing that a pre-modern stone money used by Micronesian islanders resembles a precursor to bitcoin and distributed ledger technology. Also Read: Largest Cannabis Community Market in Israel to Accept Bitcoin Payments Archaeologists Highlight Similarities Between Micronesian Stone Money and Bitcoin Scott Fitzpatrick, an archaeologist at the University of Oregon in Eugene, has argued that […] The post Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor appeared first on Bitcoin News. дальше »
2018-7-31 23:45 | |
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$243 Billion In Fines: Crypto Will Never Keep Up With Bank Fraud
When discussing cryptocurrency with friends and associates, I often hear a familiar refrain. “Isn’t Bitcoin used by criminals?” The short answer is yes – everything with any value is used by criminals, whether it’s art, money, jewelry, or more. дальше »
2018-7-31 21:24 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Tron Announces iPhone Giveaway to Celebrate Token Adoption by Exchanges
The Tron (TRX) team just announced an iPhone X giveaway competition for fans who post positive messages about the project on its social media. This is to celebrate the recent migration to its own blockchain (previously it used Ethereum), as well as increased collaboration with exchanges. дальше »
2018-7-30 15:54 | |
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Here Is How Bitcoin (BTC), ETH, XRP, LTC and more Would Look Like If They Were Cold Hard Cash
It is said that old habits are hard to break. Many of us are so used to the concept of carrying cold hard cash in our wallets, handbags and pockets that the concept of cryptocurrencies takes a while to fathom. дальше »
2018-7-29 12:43 | |
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Cryptocurrency like Bitcoin to be used by Iran to escape Donald Trump’s sanctions
The recent hustle-bustle between Iran and the United States of America seems to have taken a new turn. The Iranian government is all set to develop its own cryptocurrency in order to escape from the United States sanctions, as reported by a local newspaper. дальше »
2018-7-29 11:53 | |
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PR: Coinloan Opens Platform to Bridge Gap Between Lenders and Borrower
CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. дальше »
2018-7-28 12:30 | |
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Wondering Why Litecoin Creator Charlie Lee seems to be a Bitcoin Fan ?
Many within the cryptocurrency community might be perplexed that a founder of a Popular and Actively used cryptocurrency could be a strong Bitcoin fan instead of him solely making voices for the promotion of the activities of the cryptocurrency Litecoin he founded in 2011 while still working as a Google engineer, and then Coinbase before […] The post Wondering Why Litecoin Creator Charlie Lee seems to be a Bitcoin Fan ? appeared first on ZyCrypto. дальше »
2018-7-28 01:09 | |
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Canadian Cryptocurrency Miner to Install 85-Megawatt Power Substation
DMG Blockchain Solutions Inc. , a diversified blockchain company, is in the process of installing an 85-megawatt transformer and electric substation for the company's cryptocurrency mining facility, according to a company statement. дальше »
2018-7-27 17:49 | |
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Indian Government-Appointed Commission Recognizes Crypto as Means of Payment
The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. дальше »
2018-7-27 16:15 | |
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BitMEX Breaks Record for Bitcoin Trading Telling CoinJournal its Time to Rejoin the Party!
One of the most used cryptocurrency exchanges, BitMEX, has hit a record one million bitcoin traded in a single day. Co-founder and CEO Arthur Hayes gave CoinJournal his thoughts on why, and what the near future might hold. дальше »
2018-7-27 15:03 | |
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Only 33% of Bitcoin Payments Used to Purchase Goods, Economic Value in Question
As global investors flock to cryptocurrency as an investment vehicle, the use of cryptocurrencies for their intended purposes has come into question. New research suggests that only one-third of transactional activity occurring on the Bitcoin network is related to the purchase of goods or services. дальше »
2018-7-27 09:30 | |
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$77,000 Cash Seized by FBI, Suspects Say They Were Trying to Buy Bitcoin
Two bags carrying over $77,000 in cash were seized by the FBI in January at the Dallas Love Field Airport. The suspects claimed the money would be used to buy bitcoin. Smells Fishy — Or Like Weed The FBI filed a complaint for forfeiture in federal court last week after seizing two bags carrying more than $77,000 in cash earlier this year. дальше »
2018-7-27 00:00 | |
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How To Buy Crypto’s Bitcoin (BTC) And Ethereum (ETH) Without KYC ID
How To Buy Bitcoin And Ethereum Without Identification While many people are interested in buying and trading bitcoin and ethereum, they are often hampered by the highly rigorous verification process used by many exchanges. дальше »
2018-7-26 22:03 | |
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QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them
The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million bitcoins — but lost them. 3 Months, 4. 1 Billion USD The extraordinary claims came to light as part of an interview with CEO Sergey Solonin, who told the audience during a Moscow lecture on July 25 that the CTO had used the company’s ubiquitous payment terminals to mine bitcoin, starting in 2011. дальше »
2018-7-26 22:00 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Canada’s Central Bank Boasts Proof of Work Consensus System Benefits
The Central Bank of Canada has pioneered new research using the PoW or Proof of Work consensus in a new article on blockchain technology. The Bank of Canada or BoC has labeled Bitcoin’s Proof of Work system the best consensus algorithm used by any cryptocurrency. дальше »
2018-7-26 16:36 | |
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Crypto Pioneer Roger Ver Says BTC Community ‘Hijacked’ Satoshi’s Bitcoin Creation
According to some like Roger Ver, Bitcoin is a store of value and not a currency. To be a currency it would have to be used for making payments, then to become a store of value down the road. It’s not surprising, the CEO of bitcoin. дальше »
2018-7-26 09:51 | |
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“I sold my lambo to buy Bitcoin [BTC]”, says Bitcoin Jesus
During an interview with Naomi Brockwell, Roger Ver, the CEO of Bitcoin.com also known as the Bitcoin Jesus [for his early advocacy for bitcoin] speaks about Bitcoin and blockchain technology. Roger Ver said that he used to own a Lamborghini before Bitcoin [BTC] was even invented but he sold his Lambo to buy more Bitcoin because […] дальше »
2018-7-26 06:11 | |
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Bitmain Releases Internal Bitcoin Mining Hashrate Stats, Claims 4% Power
The largest mining company in the world, the Chinese Bitmain, has decided to publish regular reports on the size of its mining operations. This is part of a broader transparency initiative which will be used to open the company up before going public later this year with the Initial Public Offering (IPO). The Bitmain In-House […] дальше »
2018-7-26 22:48 | |
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U.S Court Orders Founder of Bitcoin Investment Scheme to Pay over $1.9 Million
A Colorado resident Dillon Michael Dean used his UK registered firm, The Entrepreneurs Headquarters Limited (TEH) in April 2018 to orchestrate a fraudulent bitcoin investment scheme that succeeded in generating a whopping $499,264. дальше »
2018-7-26 20:00 | |
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Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems
Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins. дальше »
2018-7-25 18:00 | |
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Founder of Bitcoin [BTC] based scam Bitfunder and Ukyo.Loan pleads guilty
On 24th July, Jon Montroll, the main accused in the $46 million Bitcoin fraud case, has pleaded guilty to obstruction of justice and fraudulence. Cott was responsible for establishing WeExchange Australia Pty Limited, which acted as a cryptocurrency exchange and depository. дальше »
2018-7-25 02:50 | |
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Canada’s banking insurer owns about 58% of Canadian citizenship for investment purposes
Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. According to the survey results, Canadians have mainly used the major cryptocurrency for investment purposes in 2017, rather than for transactions, which previously had been cited as the main reason for дальше »
2018-7-24 09:14 | |
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CFTC Demands Almost $2 Million from Illegal Bitcoin Pool Operator
In a case that has been developing over the past few months, the U. S. Commodity Futures Trading Commission (CFTC) has taken another step in its actions against Dillon Michael Dean and his U. K. -registered company The Entrepreneurs Headquarters Limited (TEH). дальше »
2018-7-24 00:00 | |
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Debunking Bitcoin Being Called Like the Early Internet
… Just as few people understood the power of the internet in the early ’90s, the same is true with Bitcoin. It’s a way of assuming your conclusion: “if we compare Bitcoin to THIS HUGE THING, then it must be HUGE too!” “But, the Internet!” was being used as a counterargument by Bitcoin advocates by дальше »
2018-7-22 00:09 | |
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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
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On Medium-of-Exchange Token Valuations
One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff. дальше »
2018-7-21 23:03 | |
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Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
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Changing the perception that Bitcoin is like the early Internet
… Just as few people understood the power of the internet in the early ’90s, the same is true with Bitcoin. It’s a way of assuming your conclusion: “if we compare Bitcoin to THIS HUGE THING, then it must be HUGE too!” “But, the Internet!” was being used as a counterargument by Bitcoin advocates by дальше »
2018-7-22 22:33 | |
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Bitcoin is being used by Chinese crypto millionaires to buy Real estate abroad! What a shocker!
Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad. дальше »
2018-7-21 15:12 | |
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Congressman who suggested Bitcoin [BTC] ban accused of conflict of interest
News emerged earlier today that Bitcoin [BTC] non-believer US Congressman Brad Sherman might have a conflict of interest in his agendas. The politician is facing flak over the past behavior of his biggest contributors. дальше »
2018-7-21 03:25 | |
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Bitcoin investors are gambling on BTC’s value for no social benefit, says Congressman
During the recent financial services committee hearing at the U.S Congress, a Congressman named Brad Sherman suggested a ban regarding the buying and mining of cryptocurrencies by US citizens. He also strongly believes that cryptocurrencies take resources away from various other required areas and are used to facilitate criminal activities. Brad Sherman stated: “Cryptocurrencies offer […] дальше »
2018-7-20 18:28 | |
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The Dark Side of Cryptocurrencies Highlighted yet Again at House Hearing
US senators are not convinced that cryptocurrencies could be used for positive purposes. During a House Financial Services Committee hearing titled ‘The Future of Money: Digital Currency,’ four witnesses spoke before the house to highlight the state of cryptocurrency. дальше »
2018-7-20 14:59 | |
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How The Most Valuable Crypto Companies Could Become Blockchain-Based Banks
Giant Cryptocurrency Firms Take A Leap, Possibly Establishing Banks? The notion of cryptocurrencies first stemmed in 2013 through the first ever digital currency, Bitcoin. While it took some time to get used to hearing “Bitcoin”, which to this day is somewhat problematic, between the years 2017 and 2018, more consumers have become cryptocurrency investors. With […] дальше »
2018-7-19 14:47 | |
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Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering
The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. дальше »
2018-7-19 14:05 | |
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Cryptocurrency Industry Needs to be Probed, Says U.S. Congressman
A Democratic lawmaker of the United States Congress wants the government to examine the use of cryptocurrencies for illegal activities critically. This call comes after revelations emerged last week that Bitcoin, a popular cryptocurrency played a role in the Russian meddling of the 2016 U. дальше »
2018-7-19 11:43 | |
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Crypto Company Alter Dispatches App to Exchange Bitcoin Commission-Free
One of the latest products is Change Wallet, a mobile app for trading Bitcoin and other cryptocurrencies with zero commission fees. Change CEO Predicts: Cryptocurrencies Will Be Used As Much As Fiat Money Change, a company headquartered in Estonia and financed from Singapore, has launched Change Wallet – a mobile app that allows users to дальше »
2018-7-19 10:45 | |
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Digital Currency Group’s Barry Silbert Says Bitcoin Price Has Bottomed Already in 2018
New Digital Currency Group Silbert Picks Up More Bitcoin, Hits Bottom The business, Digital Currency Group’s member, Barry Silbert is a huge advocate for Cryptocurrencies to be used a class of assets. дальше »
2018-7-19 09:43 | |
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U.S. Congressman Calls for Cryptocurrency Probe Following Mueller Indictment
A United States Congressman has called for a holistic cryptocurrency probe based on the recent revelation that Bitcoin was used by Russian operatives who meddled in the 2016 presidential elections. This is the latest in a line of regulatory measures by the country’s Congress concerning the emerging cryptocurrency market. Bitcoin Played a Role in the […] дальше »
2018-7-19 09:35 | |
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Crypto Company Change Launches App to Trade Bitcoin Commission-Free
A stream of positive developments and new products is helping to boost Bitcoin’s adoption rate. One of the latest products is Change Wallet, a mobile app for trading Bitcoin and other cryptocurrencies with zero commission fees. дальше »
2018-7-19 09:00 | |
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