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Further Controversy for Tether as Data Suggests Market Manipulation on Kraken
After accusations that Tether was used to manipulate Bitcoin’s price during the cryptocurrency market’s 2017 peak, experts are now looking closely at Tether’s logic-defying activity on the exchange Kraken. дальше »
2018-6-30 15:15 | |
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To Build Bitcoin Cash Mobile Wallet Startup Raises $600K
CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, just closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions дальше »
2018-6-30 01:46 | |
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Bitcoin Magazine’s Week in Review: Charity Funds and Dark Web Run-Ins
This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model. дальше »
2018-6-30 20:56 | |
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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |
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Tether In Controversial Double Spend Attack
Tether is a cryptocurrency with a growing reputation. Very recently, Tether has been noted to have some impact on the value of Bitcoin, in fact research has recently found that Tether has been used to manipulate the price of Bitcoin, bringing into question a whole host of problems and questions. дальше »
2018-6-29 16:30 | |
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Expedia Stops Accepting Bitcoin Payments in a Surprise Move
News spread that one of the largest travel websites in the world, Expedia, has stopped accepting Bitcoin payments according to a Reddit user: “Expedia. com, one of the largest sites to book flights/hotels on used to take bitcoin for years… i went on there to look at flights and noticed they no longer accept it. дальше »
2018-6-29 13:59 | |
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How can your smart fridge be Bitcoin for criminals?
It could be mining bitcoin for criminals. So-called “crypto-jacking” attacks have become a growing problem in the cybersecurity industry, affecting both consumers and organizations. дальше »
2018-6-29 13:49 | |
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Cryptocurrency May Be Used to Disrupt Elections or As Legit Campaign Donations
Critics have always been vocal about the potential usage of cryptocurrency in money laundering and the financing of a host of illegal activities. Recently, one more item has been added into their list of potential crypto issues when a cybersecurity consultant warned that these digital assets might be used to disrupt the US election process. дальше »
2018-6-29 12:04 | |
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Facebook Reverses Cryptocurrency Ad Ban Amidst Rumors of a Coinbase Acquisition
Facebook has reversed its blanket ban on cryptocurrency ads and will now allow pre-approved crypto businesses to advertise. However, ICOs and binary options will still be prohibited from the platform. дальше »
2018-6-29 03:24 | |
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Bitcoin Whitepaper’s ‘Known Problems’ Show Years of Progress
Bitcoin. org contributor David A. Harding has released a summary of “known problems” in the Bitcoin whitepaper, highlighting the cryptocurrency’s metamorphosis in its first years of existence. Theory vs. дальше »
2018-6-28 17:00 | |
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$17 Million in Bitcoin Seized in Dark Web Undercover Sting Operation
US Prosecutors seized over $22 million in assets from two men in Maryland on charges of production and selling counterfeit drugs through the Dark Web. $17 million (at the time of seizure) of the amount was in Bitcoin (BTC) and other cryptocurrencies. дальше »
2018-6-28 04:00 | |
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Monero (XMR) – Bitcoin (BTC) Atomic Swaps Could Be A Game Changer For Privacy Coins
Monero (XMR) is hailed as the king of privacy coins and a notable contemporary of Bitcoin (BTC). The cryptocurrency has not been in the news the same way as other cryptocurrencies of its stature, including Bitcoin (BTC). дальше »
2018-6-27 22:30 | |
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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust. дальше »
2018-6-27 20:26 | |
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Top 7 Ways Blockchain Can Be Used to Benefit Capital Markets
Blockchain technology has many benefits that lend themselves nicely to capital markets. As fears of disruption and job losses begin to subside, smart traders and asset managers are waking up to the possibilities. дальше »
2018-6-27 20:00 | |
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Can Cryptocurrency be Weaponized to Derail US Electoral Process
A US Senate committee was convened yesterday to hear out the issue of cryptocurrency potentially being used to influence future elections as primaries were being held in several states. Bitcoin is a Weapon As Bloomberg reported, the senators were gathered to hear about how cryptocurrency is a tool, almost tailor-made, that bad actors can use. дальше »
2018-6-27 12:00 | |
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Andreessen Horowitz Has Launched a $300M Crypto Fund
Andreessen Horowitz has launched a $300 million crypto fund dedicated to investing in cryptocurrencies and other blockchain-related projects. The fund, named a16z crypto, signals that the firm is diving deeper into the cryptocurrency space to grow its existing portfolio, which includes digital currency exchange Coinbase. дальше »
2018-6-27 21:34 | |
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‘Crypto Virgins’ Are Driving The Price Of Bitcoin
Very recently, news has found that stablecoin, Tether, has been accused of being used to manipulate the price of Bitcoin. You can see our coverage of this story, here- https://cryptodaily. co. uk/2018/06/new-reports-find-that-tether-is-being-used-to-manipulate-bitcoin-price/ We all know that the cryptocurrency markets are volatile and thus, we all know that lots of influencing factors can change the price of Bitcoin, be that political, traditional-financial or indeed, crypto-financial. дальше »
2018-6-26 13:30 | |
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Enjin Coin CTO Creates ERC-1155, a New Token Standard for Ethereum
Witek Radomski — co-founder and CTO of Enjin Coin — has developed ERC-1155, a new standard for defining video game tokens on the Ethereum blockchain. Radomski’s journey to improve the gaming experience began 12 months ago in June 2017, when he created code for the first non-fungible token. дальше »
2018-6-26 00:25 | |
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Chinese Crypto Miner Trying to Defraud Electricity Company Busted
Chinese police, recently, seized over 200 computers used to mine the digital currencies Bitcoin and Ethereum after a miner tried to defraud an electricity company over his power bills. The Xinhua News reported that the man stole 150,000kW hours of electricity in just one month. дальше »
2018-6-26 22:32 | |
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Incent Loyalty celebrates ‘Bitcoin Pizza’ moment with first real-world transaction
Incent has been used to settle a $1,400 bill with a local restaurant – the token’s very own Bitcoin Pizza moment! Every year, on 22 May, the crypto community marks Bitcoin Pizza Day. Back in 2010 Laszlo Hanyecz, a developer and early adopter, paid 10,000 BTC, worth $50 at the time, to have two Papa […] дальше »
2018-6-24 16:00 | |
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Experts say Cryptocurrency Crimes will be on the Rise this Year
The cryptocurrency space is filled with crime. Bitcoin and other cryptocurrencies are used everyday for the dealing of contraband goods and prohibited services. Cryptocurrency Exchanges are being hacked and robbed of millions at an increasing rate, money laundering efforts are being aided by various coins, and ICO scams continue to cast doubt over the […] The post Experts say Cryptocurrency Crimes will be on the Rise this Year appeared first on ZyCrypto. дальше »
2018-6-24 21:22 | |
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A 230 Billion Won Government Pump Awaits Korean Blockchain Sector
The Ministry of Science and ICT of South Korea announced its blockchain technology development strategy on June 21. The government aims to provide 230 billion won (~$207 million) for boosting development of distributed ledger technology in the country. дальше »
2018-6-23 14:38 | |
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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. дальше »
2018-6-23 03:42 | |
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BBVA Signs Agreement With Repsol to Develop Blockchain Financial Solutions
BBVA and Repsol have signed an agreement to work together on developing a blockchain financial solution that renews a 325-million-euro credit line. The revolving credit facility (RCF) is being used on the blockchain for the first time. дальше »
2018-6-22 23:10 | |
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Craig Wrigh Directed as Satoshi in Chinese University Textbook
News According to reports a Chinese economics textbook that’s used in some of China’s leading universities states that the notorious Dr. Craig Wright is Satoshi Nakamoto, the creator of Bitcoin. The university textbook authored by Frederic Mishkin calls Wright an “Australian geek” who invented the cryptocurrency bitcoin almost ten years ago. Also Read: “I Am the дальше »
2018-6-22 03:22 | |
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Craig Wright Referenced as Satoshi in Chinese University Textbook
According to reports a Chinese economics textbook that’s used in some of China’s leading universities states that the notorious Dr. Craig Wright is Satoshi Nakamoto, the creator of Bitcoin. The university textbook authored by Frederic Mishkin calls Wright an “Australian geek” who invented the cryptocurrency bitcoin almost ten years ago. дальше »
2018-6-22 00:20 | |
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St. Louis Fed Now Tracking Prices of 4 Prominent Cryptos
Federal Reserve Bank of St. Louis has included prices of four top cryptocurrencies in its research database. The Feds announced the move on Tuesday, indicating that the Federal Reserve Economic Data (FRED) will now include price data of Bitcoin, Bitcoin Cash, Ethereum and Litecoin, provided by Coinbase. дальше »
2018-6-21 20:59 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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UBS CEO Claims Blockchain Is an Opportunity for Businesses
UBS Group CEO Sergio Ermotti is not a fan of cryptocurrencies. However, he said that blockchains could be used to reduce costs in the financial services industry and noted that it could help in improving gross margins. дальше »
2018-6-20 23:03 | |
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Bitfury Integrates Java, Allows for Private Chain Anchoring to Public Networks
Mining firm and blockchain software service company Bitfury wants to expedite blockchain development for traditional enterprise and business. Working toward this goal, the company announced today that it’s introducing Java binding for its blockchain service, Exonum. дальше »
2018-6-20 20:13 | |
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Why Bitcoin [BTC] will not break the Internet with its bandwidth needs
OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”. дальше »
2018-6-19 10:01 | |
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Blockchain-Based Community Currencies to Be Launched in Kenya
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. дальше »
2018-6-19 01:01 | |
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Bitcoin Futures Are Manipulating the Price Says Analyst
Traders used to joke that they are half long and half short on bitcoin at the same time, but jokes are usually funny because they tend to be half-truths and... The post Bitcoin Futures Are Manipulating the Price Says Analyst appeared first on Trustnodes. дальше »
2018-6-18 14:28 | |
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Should Cryptocurrencies be Taught in Schools?
Even though the concept of bitcoin or cryptocurrencies is still not clear to many people around the world, the latest debate has been on whether cryptocurrencies or its backbone ‘blockchain technology‘ should be introduced in the global educational system. дальше »
2018-6-17 01:07 | |
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Bitcoin 101: How Did It All Begin & Is It Here To Stay?
Have you ever heard of Bitcoin? Bet, the answer is “yes”. Since its humble beginnings in 2009 when only cypherpunks and tech geeks had heard of it, Bitcoin has evolved into a mature digital currency used by millions worldwide. дальше »
2018-6-16 22:38 | |
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Rebuttal To Tether Manipulating The Price Of Bitcoin
New research published this week by professors at the University of Texas allegedly found that Tether, a cryptocurrency pegged to the U. S. dollar, was used to manipulate the price of bitcoin during the peak of its rally in 2017. дальше »
2018-6-16 04:16 | |
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Vote Threshold Is Met: EOS Can Finally Launch Its Platform
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. дальше »
2018-6-15 03:10 | |
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Get Them While You Can Gamers, Graphics Cards Prices Have Crashed
As the exchange rates for all cryptocurrencies declined this year, so did the attraction of GPU mining using graphics cards. As a result, the prices of cards that can be used for both gaming and mining have been cut drastically and leveled off, bringing them back into more affordable territory. дальше »
2018-6-15 00:20 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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SEC Director of Corporate Finance: Ether Is Not a Security
In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security. дальше »
2018-6-14 21:32 | |
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New Research Claims Bitcoin Price was Manipulated using Tether (USDT)
New research out of the University of Texas alleges that the price of Bitcoin throughout its bull run in 2017 was being manipulated using Bitfinex’s Tether currency. Tether May Have Been Used to Prop Up Bitcoin A recently published paper by Professor John Griffin and graduate student Amin Shams examined the traffic of cryptocurrencies on. дальше »
2018-6-14 12:00 | |
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New Reports Find That Tether Is Being Used To Manipulate Bitcoin Price
In an unexpected turn of events, a new report by the University of Texas has found that ‘stablecoin’ Tether could be being used to manipulate the price of Bitcoin and thus, change the direction of the markets. дальше »
2018-6-14 05:00 | |
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New Coinbase Additions: Ethereum Classic and Crypto Index Fund
Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund. дальше »
2018-6-14 01:32 | |
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Suggested Regulations Could Create Major Changes in Canadian Crypt Businesses
The Canadian crypto business community is still assessing the new proposed regulations but a number of experts have told Bitcoin Magazine that the impact on the community will be “massive” and “significant” and may result in a shake-up and consolidation of companies, including blockchain companies currently in the space. The language used could mean a дальше »
2018-6-13 23:02 | |
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