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South Korea Moving Towards Cryptocurrency Acceptance
South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. ‘The regulator isn’t opposed to cryptocurrencies’ On May 19, Bitcoinist reported that Korean regulators had agreed to apply the G20’s set of “unified regulations” in regards to cryptocurrencies. äàëüøå »
2018-7-8 06:00 | |
Bitcoin Hype ‘Has Barely Even Begun,’ Says Blockbid COO
Blockbid COO David Sapper believes the hype surrounding Bitcoin and other cryptocurrencies is just getting started, and will one day permeate our everyday lives. ‘More Mainstream Adoption in the Coming 18-24 Months’ Plenty of people are feeling the Bitcoin blues these days — and understandably so. äàëüøå »
2018-7-7 21:00 | |
Monero Gets A Second Layer
There is always experimentation, development, and innovation going on in the crypto space. Even established coins must continually evolve to keep pace with a changing environment. But it’s great to see development that adds significant value and capability to an existing coin rather than start a new ecosystem from scratch. äàëüøå »
2018-7-7 15:00 | |
Prominent Investor: Cryptocurrency Gives People an Easy Opt Out From US Dollar
Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting “Well, if central banks hadn’t created all those dollars,. äàëüøå »
2018-7-7 15:00 | |
Tom Lee: ‘Bitcoin Can Reach $25,000 by End of Year’
Still in a prevailing bear market, cryptocurrency volatility has investors wondering whether a trend reversal is imminent. Co-founder at Fundstrat Global Advisors, Tom Lee confirmed his Bitcoin price prediction of $25,000 by end-of-year on July 5, 2018. äàëüøå »
2018-7-7 14:00 | |
Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness
As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach. äàëüøå »
2018-7-7 03:00 | |
Vitalik Buterin Encourages Centralized Exchanges to ‘Burn in Hell’ at TechCrunch
Ethereum creator, Vitalik Buterin, was recently interviewed at the TechCrunch Sessions: Blockchain event, by Jon Evens. The discussion primarily focused around issues of centralization and decentralization in cryptocurrency. äàëüøå »
2018-7-7 23:48 | |
‘Why Don’t You Adopt It?’ Andreas Antonopoulos Advocates Decentralized P2P Commerce
Andreas Antonopoulos thinks it is not important whether retail giants such as Amazon adopt Blockchain, instead urging consumers to adopt it themselves. ‘Person-to-corporation-to-corporation-to-Visa-to-investment bank-to-MasterCard-to-corporation-to-JPMorgan Chase-to-corporation-to-person’ Speaking as part of a Q&A session during an appearance at the WeAreDevelopers World Congress in Vienna in May, the celebrated cryptocurrency educator said that commerce “has always been local” and decentralized technologies made it possible for it to become even more so. äàëüøå »
2018-7-7 23:00 | |
71% Forecast ‘Substantial Increase’ For Cryptocurrency by 2019 in Huobi Report
Over 70% of “global investors” responding to questions from major exchange Huobi believe the cryptocurrency market cap will expand by more than one third this year. Investors, Experts: Altcoins To See Rebound Part of findings in Huobi’s H1 market report, Global Blockchain Industry Overview and Prospects, published last month, those asked overwhelmingly favored a “substantial increase” in market value as the most likely outcome for the second half of 2018. äàëüøå »
2018-7-6 21:00 | |
Coinbase UK CEO Interview: Huge Interest From Institutional Investors Toward Crypto
Coinbase UK CEO Zeeshan Feroz is working to achieve a crypto revolution amidst hesitant bankers in a city torn over Brexit. During London Teck Week, he made a speech on blockchain’s potential to connect the unbanked and rebuild the entire financial system. äàëüøå »
2018-7-6 15:00 | |
Tom Lee: ‘We Still Think Bitcoin Can Reach $25,000 by the End of the Year’
Tom Lee has cut his year-end prediction for Bitcoin by 20 percent — but still thinks the first and foremost cryptocurrency will top $20,000 per coin in 2018. ‘Or Something Like That’ Tom Lee had previously held strong on his prediction that Bitcoin would reach a new all-time high of $25,000 by the end of 2018. äàëüøå »
2018-7-6 11:00 | |
U-Turn: Electroneum Fork Welcomes ASICs Back To ETN Network
The cellphone-based blockchain platform, Electroneum (ETN) performed a U-turn by bringing ASICs back to confirm transactions after originally forking to become ASIC-resistant. Electroneum’s founder and CEO, Richard Ells, said in the company’s Telegram group they decided to take ‘urgent action’ and re-introduce ASIC miners, reversing a fork that had integrated ASIC-resistant code at the end of […] The post U-Turn: Electroneum Fork Welcomes ASICs Back To ETN Network appeared first on Crypto Briefing. äàëüøå »
2018-7-6 01:30 | |
Bitcoin Reaching $100k is ‘Quite Likely,’ Claims ADVFN CEO
ADVFN CEO Clem Chambers believes the price of Bitcoin will revisit its all-time high before hitting $100,000. What Goes Down Must Come Up While chart watchers wonder whether Bitcoin’s latest movement is the start of a bull run or simply a guppy rally, various individuals in the financial world continue to make long-term predictions. äàëüøå »
2018-7-5 21:00 | |
Mithril Price Increase Is Good News And Not Just For Investors
The token for Mithril (MITH), a social media platform which plans to become the ‘Instagram of crypto’, has nearly doubled in value in less than two weeks. Ten days ago, MITH had been trading at $0. äàëüøå »
2018-7-5 19:06 | |
Tokenize It With Bitcoin! Giacomo Zucco Unveils Lightning Asset Protocol
BHB Network founder and self-confessed Bitcoin maximalist Giacomo Zucco has revealed a Lightning Network-enabled protocol for launching tokenized assets on the Bitcoin blockchain. In Support Of ‘Bitcoin-based Non-Bitcoin Assets’ RGB, “promoted” by the BHB Network, describes itself as “a completely free, open-source, non-profit and community-oriented effort… aimed at the development of standards and best practices to issue, transmit and store ‘Bitcoin-based non-bitcoin assets. äàëüøå »
2018-7-5 19:00 | |
‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners
The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster. äàëüøå »
2018-7-5 17:00 | |
South Korea Officially Recognizes Cryptocurrency Exchanges
South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy. Unveiling ‘Cryptoasset Exchanges And Brokerages’ As local news outlet The B-Chain reports, new “classification” of Blockchain-related industries means exchanges are now considered “cryptoasset exchanges and brokerages. äàëüøå »
2018-7-5 15:00 | |
MinerBit: Bitcoin (BTC) & Bitcoin Cash (BCH) Cloud Mining Plans?
MinerBit claims to be the leading mining company in Bitcoins, why we say ‘they claim' is because the company still has a long way to acquire such a title. Read on to find out why you should stay clear of the platform just yet. äàëüøå »
2018-7-5 13:17 | |
Malta Becomes First World Jurisdiction With ‘Legal Certainty’ for Cryptocurrency
The parliament of Malta has officially passed three bills into law establishing a ‘legal certainty’ for cryptocurrency businesses. The country’s policymakers approved their third and final reading on July 4. äàëüøå »
2018-7-5 13:00 | |
Cryptoindex Platform Wants to Become the ‘Dow Jones’ of the Crypto Market
Indices have proved their efficiency in the traditional markets – and now they are here to change the trading experience of the crypto investors. The AI-powered algorithm uses over 80 parameters to analyze over 1000 coins – and the result of its work is the balanced basket of top 100 cryptocurrencies. äàëüøå »
2018-7-5 12:31 | |
‘Unusual But Not a Hack’ — Trading Halted as Syscoin Price Spikes to 96 BTC
Syscoin’s blockchain experienced delays yesterday, coupled with a widely irregular trading activity that took place on Binance — temporarily giving SYS a price of over $640,000 per coin. Syscoin’s team took precautions to confirm the issues and requested a temporary halt of trading across cryptocurrency exchanges while they investigated. äàëüøå »
2018-7-5 11:00 | |
Horizontally Scalable Blockchain Lists Token and Launches ‘Flagship’ Product
The Constellation Labs DAG protocol (directed-acyclic-graph) passes listing on KuCoin Exchange, beginning trade on July 3. The project has raised $35. 2 million in January during its pre-sale. It pursues a goal to build a network with a high capacity of transactions, suitable for creating “consumer grade” applications. äàëüøå »
2018-7-5 02:00 | |
British MP Calls for UK Blockchain Chief in New Report
A U. K. MP has called on the government to appoint a Chief Blockchain Officer in a new report that backs the technology to be used in government. ‘Unlocking Blockchain’, which was distributed to all MPs, also argues for a blockchain competition to establish London as a blockchain hub. äàëüøå »
2018-7-5 21:00 | |
Binance Creates ‘SAFU’ Fund After Outage Becomes Marketing Gold
Cryptocurrency exchange Binance has reopened after what officials described as “irregular trades” led the platform to suspend activity July 3. Binance To Create ‘SAFU’ Fund In a summary of the events, Binance said the unusual trading came from “a number of API users,” triggering its internal risk management system. äàëüøå »
2018-7-5 21:00 | |
‘Intense’ Bitmain Lobbying Forcing Smaller Bitcoin Miners Out of Quebec
A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave suspecting unfair policies. ‘Very Saddened’ In a series of tweets June 28, D-Central founder Jonathan Bertrand claimed that due to conflicting interests and agendas at government level, as well as an “intense lobbying effort” from the world’s largest mining corporation Bitmain, had left smaller participants “completely stunned. äàëüøå »
2018-7-4 17:00 | |
EU Regulators Urged Not To Ban Cryptos Despite Supreme Court of India’s ‘Surprise” Decision: Litecoin, EOS, IOTA, Stellar Lumens, Tron Technical Analysis
Perhaps the debate of the day hovers around the diverging polices between those in the EU and India. EU Research findings strongly endorse cryptos while India’s Supreme Court has reasons to bar crypto dealings and get behind RBI’s decision to label them illegal. äàëüøå »
2018-7-4 03:02 | |
Bitcoin is ‘Number One’ for Institutional Investors, Claims Element Group
While everyone currently in the cryptocurrency space eagerly awaits the supposedly inevitable flood of institutional money, questions have been asked as to where said funds will go. Element Group’s Thejas Nalval claims Bitcoin is “number one on that list. äàëüøå »
2018-7-3 22:00 | |
‘Miners Are Miners Again’: Bitcoin Core Dev Launches Alternative Mining Protocol
Bitcoin core developer Matt Corallo has launched a mining pool which aims to increase decentralization as Bitcoin mining becomes increasingly monopolized. Corallo: Miners ‘Have No Control’ Beginning June 25 but still with what Corallo describes as “vulnerabilities,” the pool uses BetterHash, a protocol which seeks to offer mining pool users the option to use their own block templates rather than those prescribed by pool owners. äàëüøå »
2018-7-3 20:00 | |
116% Surge for WAX Coin: The Amazon of Virtual Goods
WAX Coin, the crypto for a platform with plans to be the ‘Amazon’ of in-game items, has been the biggest winner in the recent uptick in the crypto market. Having sunk to $0. 08 last Friday, WAX coin has since doubled in value, with its market cap surging by 116% from $59m to 128m. äàëüøå »
2018-7-3 17:22 | |
Bitcoin Market ‘Still in a Growth Phase,’ Says Bullish Trading Expert
Octagon Strategy trader Ryan Rabaglia reminds investors to look at the bigger picture for Bitcoin, while claiming increased regulation will eventually drive prices higher. ‘The Markets are Still in a Growth Phase’ A trending belief in the cryptocurrency space over recent months is that increased regulatory clarity will drive the price of Bitcoin higher and help it break out of a half-year-long bearish trend. äàëüøå »
2018-7-3 10:00 | |
‘Extinguishing Capacity’: Bitcoin Could Swallow All M1 Fiat At $223K Per Coin
$223,186 is the price Bitcoin would need to be in order to convert the entire world supply of fiat currency, industry figures calculated July 2. M1 Fiat Could Go At Less Than $250k Part of an ongoing debate on social media, Blockstream CEO Adam Back and CSO Samson Mow joined Bitcoin Think editor Beautyon in discussing the phenomenon of ‘hyperbitcoinization’ – the as yet untested process by which consumers abandon fiat en masse for Bitcoin. äàëüøå »
2018-7-3 00:00 | |
Formerly China’s ‘Top Three’ Crypto Exchange BTCC Relaunches With Its Native Token
The new exchange will also have an incentive model to reward customers for signing on its platform. The post Formerly China’s ‘Top Three’ Crypto Exchange BTCC Relaunches With Its Native Token appeared first on CoinSpeaker. äàëüøå »
2018-7-2 21:01 | |
‘Satoshi Nakamoto’ Releases Excerpts From Upcoming Book — Is it a Hoax?
This past Friday, someone claiming to be Satoshi Nakamoto — the person or collective people who created the cryptocurrency Bitcoin, posted a 21-page excerpt from a new ‘literary work. ’ Is it all just clever distractions from hoaxers, or will we soon know more about Nakamoto’s true identity? ‘…A Long Answer?” On June 29, a website, nakamotofamilyfoundation. äàëüøå »
2018-7-2 20:00 | |
BTCC Relaunch Suggests Exchange Will Create Binance-Style Token
Chinese-owned cryptocurrency exchange BTCC has formally announced the relaunch of its platform while hinting it will launch an internal token. BTCC Token Will Be ‘Fully Convertible’ In a release on July 2, BTCC — which is among the longest-running exchanges both in China and the world — revealed basic details about its token and plans to progressively introduce new trading pairs. äàëüøå »
2018-7-2 18:00 | |
CoinEx Volume Jumps 30,000% on New Trading Model, Overtakes Binance
CoinEx jumped past 70 exchanges in less than 24 hours as its trading volume rose from $5 million to $1. 5 billion following its adoption of a controversial new trading policy. Since offering a version of the ‘trans-fee’ mining model, it has moved into first place by exchange volume. äàëüøå »
2018-7-2 17:30 | |
Chinese Court Accepts Evidence On The Blockchain in Landmark Case
Chinese courts have recognized Blockchain-based evidence as suitable for use in legal proceedings in a landmark case commentators are saying “has huge implications. ” Court: ‘New’ Tech Should Not Get Unfair Treatment A judgement from the Internet Court of Hangzhou translated on social media by Messari head of business development Katherine Wu June 29 confirmed a defendant had used Blockchain to prove innocence. äàëüøå »
2018-7-2 16:00 | |
Jaxx Launches One Stop Shop Crypto Platform For Consumers
Jaxx. io, a popular cryptocurrency wallet, has just released a beta version of its next wallet edition, completely overhauling the previous version. Jaxx Liberty: A Cryptocurrency One Stop Shop? Decentral, a prominent Canadian ‘innovation hub’ for cryptocurrency and blockchain development, has just launched the Jaxx Liberty wallet. äàëüøå »
2018-7-2 14:30 | |
New Report Warns EU Policymakers Not to Ban Bitcoin
New research analysis on cryptocurrencies for the Economic and Monetary Affairs Committee of the EU parliament cautions lawmakers neither to ignore nor “attempt to ban” virtual currencies. A ‘Contemporary Form of Private Money’ The report, provided by Policy Department A at the request of the European Union Parliament’s Economic and Monetary Affairs Committee, is titled Virtual currencies and central banks monetary policy: challenges ahead. äàëüøå »
2018-7-2 14:00 | |