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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

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Category: Bitcoin

Ethereum Average Transaction Fee Surpassed Bitcoin, But its Inaccurate to Compare

Category: Altcoins, Bitcoin, Blockchain, Ethereum, Finance, News

Ethereum Average Transaction Fee Surpassed Bitcoin, But its Inaccurate to Compare

On July 16, 2018, the average transaction fee of ether, the native cryptocurrency of Ethereum, surpassed that of bitcoin. But, it may be premature to conclude that ether is lagging behind bitcoin in scalability. JZay, a bitcoin researcher, and investor shared a transaction fee comparison chart provided by crypto asset analytics platform Coinmetrics, as shown below. The chart portrayed a…

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Vietnam “Temporarily Suspends” Import of Cryptocurrency Miners

Category: Altcoins, Bitcoin, Mining, News

Vietnam “Temporarily Suspends” Import of Cryptocurrency Miners

The cryptocurrency industry in Vietnam is going through a rough phase. More than two months after a big scam scandal gotten the attention of the country’s government, the Vietnamese Central Bank is now following the government recommendations and has agreed shut down all support for cryptocurrency mining equipment imports. Vietnam’s Anti-Mining Stace In April 2018, a big scam affected dozens…

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HSBC Not Interested in Cryptocurrency Speculation, Supports Tokenization and Blockchain Technology

Category: Altcoins, Bitcoin, Blockchain, Business, News

HSBC Not Interested in Cryptocurrency Speculation, Supports Tokenization and Blockchain Technology

Banks and cryptocurrencies have not always been the best of friends, though the former is beginning to loosen up a bit. In the latest development, HSBC’s Global Head of Digital said on July 19, 2018, that the finance heavyweight is taking a ‘”cautious” approach towards cryptocurrencies due to the super volatile nature of digital assets. Tokenization better than Speculation In an…

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Cryptocurrencies: Digital Tulips or The Future of Fintech

Category: Altcoins, Bitcoin, Commentary, News

Cryptocurrencies: Digital Tulips or The Future of Fintech

Steve Bannon, in a conversation with CNBC, recently stated that he not only owns Bitcoin but refers to cryptocurrencies as “the future.” Meanwhile, hedge fund billionaire Ken Griffin of Citadel Investment Group indicated his reticence to purchase cryptocurrencies. Contrasting Viewpoints This highlights the great divide that cryptocurrencies have driven between the financial and political elite. While Bannon believes that there…

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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

Category: Bitcoin, Blockchain

Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. The Fed Won’t Regulate Digital Currencies According to a Bloomberg report,…

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CoinSmart Launches a Simplified Crypto Exchange for Canadian Crypto Traders

Category: Adoption, Altcoins, Bitcoin, Business, Exchange, Finance, News

CoinSmart Launches a Simplified Crypto Exchange for Canadian Crypto Traders

A new crypto exchange dubbed CoinSmart has opened shop on July 10, 2018, in Canada to address rising interest in cryptocurrencies among the Canadian population. Making Life Easier for “Crypto Curious” Community The exchange that comes with a tagline “you can actually understand” has capabilities of getting coins at one click, making crypto trading easy, offers 24 hrs support and…

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Have Institutional Investors Lost the Chance to Make Lambo Money in Crypto?

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

Have Institutional Investors Lost the Chance to Make Lambo Money in Crypto?

Bitcoin went on a serious bull run in 2017 and rose over 1,900 percent by the end of the year. Despite that, Wall Street remained largely skeptical on the subject of digital currencies throughout the past year. A few months into 2018, however, institutional investors are now announcing funds dedicated to the new asset class and have been directly investing…

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Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Category: Altcoins, Bitcoin, Development, Exchange, News

Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Koinex, a prominent Indian crypto exchange, has launched its peer-to-peer (P2P) service called Loop. Loop is a P2P trading platform for crypto assets transactions using fiat currency (INR). Koinex Loop – An Attempt to Preserve the Crypto Industry in India This step follows the move by another Indian exchange, WazirX, who started their P2P operations earlier. As a reminder, the…

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Bitmain Looks to Expand their Development Center in Israel; Opens Shop in San Jose, California

Category: Bitcoin, Business, Finance, Investment, News

Bitmain Looks to Expand their Development Center in Israel; Opens Shop in San Jose, California

Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports. Golden Opportunity to Grow According to Globes, an Israeli business news site, Bitmain,…

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Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims

Category: Altcoins, Bitcoin, Blockchain, Crime, News

Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims

In a somewhat surprising twist, Amit Bhardwaj, the man behind the notorious Bitcoin Ponzi scheme, has pledged to pay back his victims in Indian rupees (INR) according to report on July 18, 2018. The Schemer’s Path Towards Prison Bhardwaj caught the attention of police and global media houses in April 2018, when the police arrested him for setting up an…

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