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Bitcoin Stabilizes above Important $6,000 Resistance as Bulls Manage to Fight Off Bears: Week in Review September 17

by Alexander Lielacher at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

The price of bitcoin closed the week three percent higher, around the $6,500 mark, as bulls managed to regain the upper hand to allow bitcoin to remain above its most recent $6,000 resistance. In the past seven days, blockchain media was filled with stories of regulators cracking down on fraudulent cryptocurrency business and their operators, which shows that authorities are…

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Global Islamic FinTech Summit 2018 • September 18-19, 2018

  The inaugural Global Islamic Fintech Summit aims to serve as a platform for knowledge transfer and networking between three…

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Liverpool FC Partners with TigerWit and Blockchain Trading App, Newcastle and Cardiff Consider Cryptocurrencies

Category: Adoption, Blockchain, Business, Entertainment, Finance, News

Liverpool FC Partners with TigerWit and Blockchain Trading App, Newcastle and Cardiff Consider Cryptocurrencies

Global fintech company TigerWit Limited has partnered with Liverpool FC and launched its blockchain-based trading app. According to the press release published on September 17, 2018, TigerWit will gain increased exposure as Liverpool FC’s new official foreign exchange trading partner. TigerWit to Increase Brand Recognition The press release noted that as TigerWit becomes Liverpool FC’s official partner, this sponsorship agreement…

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This Company Is Using Bitcoin to Help Others Pay for Ransomware Attacks

Category: Bitcoin, Business, Commentary, Crime, News

This Company Is Using Bitcoin to Help Others Pay for Ransomware Attacks

A company based in Norwalk, Connecticut is helping small businesses deal with ransomware attacks by negotiating with cybercriminals to reduce ransom amounts and paying them in bitcoin, a Forbes report from September 17, 2018, showed. When “Never Pay” Is not an Option While ransomware attacks have become a new normal to many big companies dealing with a lot of private…

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SBI Holdings to Use Ripple’s Distributed Ledger Technology for Mobile App

Category: Altcoins, Blockchain, Business, Finance, Investment, News

SBI Holdings to Use Ripple’s Distributed Ledger Technology for Mobile App

Japanese Fintech giant SBI Holdings will launch a Ripple-based mobile application called Money Tap by the end of 2018. Takashi Okita, the CEO of SBI Ripple Asia, announced the news via a tweet on September 12, 2018, and shared a website of the new mobile application. Money Tap: Easy Bank Transfers without Additional Fees According to The Next Web, Money…

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Reddit User Exposes his Crypto Astroturfing Operation

Category: Altcoins, Bitcoin, Business, News, Platform

Reddit User Exposes his Crypto Astroturfing Operation

The shadowy world of spam marketing and sock puppeting on behalf of cryptocurrency and blockchain projects has hit the headlines for its impact on Twitter users. The ubiquitous “crypto giveaway” scam has targeted everyone from Roger Ver to Pope Francis. Less known is how this complex shilling operation functions on sites like Reddit and Bitcointalk, which are even more critical…

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Content Delivery Network Provider CloudFlare Debuts IPFS Gateway

Category: Adoption, Blockchain, Business, Development, News, Platform

Content Delivery Network Provider CloudFlare Debuts IPFS Gateway

Content delivery network service provider Cloudflare announced September 17, 2018, their new Interplanetary File System (IPFS) gateway in a blog post. The gateway is the first product part of their Distributed Web Gateway project, which is their initiative to support the emerging distributed web. Traditional vs. IPFS IPFS was a project first designed by Juan Benet but is now an…

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The 21-Day Bitcoin Challenge: Can you Survive on Nothing but Cryptocurrencies in China?

Category: Bitcoin, Business, News, Regulation

The 21-Day Bitcoin Challenge: Can you Survive on Nothing but Cryptocurrencies in China?

A Chinese Bitcoin enthusiast is currently filming her attempt to survive 21 days by living on nothing but bitcoin. A recent documentary shows her trying to retrieve food, housing, and necessities all through cryptocurrency transactions done on her phone. The cryptographic adventure is airing on iQiyi, China’s Netflix equivalent, TechCrunch reported on September 17. Social Experiment Amidst a Government Crackdown…

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South Korean Telecoms Giants Set to Offer Blockchain-Based Mobile Payments Solution

Category: Adoption, Blockchain, Business, Finance, News

South Korean Telecoms Giants Set to Offer Blockchain-Based Mobile Payments Solution

South Korean mobile carrier and global electronics giant LG Uplus has joined forces with Far EasTone Telecommunications, SoftBank, and TBCASoft, to develop a cross-carrier blockchain payments solution to enable local mobile phone subscribers from different networks to make quick payments with their phones when they travel abroad, reported The Korea Times on September 16, 2018. Lightning Fast DLT-powered Payments Per…

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The Big Discussion: Are Stablecoins Quintessentially “Shitcoins”

Category: Altcoins, Business, Finance, News, Tech

The Big Discussion: Are Stablecoins Quintessentially “Shitcoins”

Stablecoins have been praised as the solution to crypto’s volatility problem with the potential to revolutionize crypto trading and expand crypto adoption by making cryptos more attractive to merchants due to reduced price risk. The Winklevoss Twins recently launched the Gemini Dollar, touting it as the world’s first fully regulated stablecoin that will change the crypto market. A deep dive…

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Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Category: Altcoins, Business, Finance, Investment, News, Tech

Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Although Indian regulatory bodies have maintained their distance from cryptocurrencies – this attitude has not deterred ‘cryptojackers’ from indirectly mining cryptocurrencies off of government websites. Per a report by The Economic Times, published on September 17, 2018, ‘cryptojacking’ continues to be a menace for the websites in the country. Cryptojacking on a Climb Hackers continue to mine cryptocurrencies taking advantage…

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Press releases:

The Co-founder of Bitcoin Gold Will speak at the key Blockchain and Cryptocurrency Forum Blockchain Life 2018

Satoshi United Blockchain Conference Goes to Dubai for the Next Edition

The Road to Mass Adoption in the Crowded World of Crypto Startups

The Cryptoinfluence Summit: Promoting Collaborations to Fuel the Mass Adoption of Blockchain Technology

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