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Shitcoin.com Owner Andreas Brekken Controls 49 Percent of Bitcoin Lightning Node Network

July 16, 2018 by Priyeshu Garg at Bitcoin, News

Andreas Brekken, the CEO of Shitcoin.com, controls 49 percent of the Bitcoin Lightning Network, according to reports. Speculation and concerns have resulted among users. Lightning Network’s Immense Growth The Bitcoin Lightning Network began its operations six months ago and had since seen stable growth in the number of active nodes...

VanEck and SolidX File for Physically Traded Bitcoin ETF

VanEck and SolidX File for Physically Traded Bitcoin “Solid” ETF

July 16, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Finance, News

New York-based investment management firm, VanEck has partnered with SolidX blockchain and Fintech company, as part of a strategic move to launch a Bitcoin-backed ETF. A Tall Ambition? According to an ETF Strategy report,VanEck asset management company in conjunction with SolidX blockchain and Fintech firm have drafted a joint SEC...

Michael DuBose: The U.S. Must Emulate Europe’s Lead on Cryptocurrency Regulations

July 16, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Crime, News, Regulation, Tech

While the European Union (EU) has taken more proactive steps to regulate the region’s cryptocurrency industry, the United States seems to be dragging its feet in the matter. Following Europe Now, a keen industry observer, Michael DuBose, the former chief of Computer Crime and Intellectual Property Section (CCIPS) at the...

Billionaire Steven Cohen’s Invests in Cryptocurrency Hedge Fund

July 16, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Finance, Investment, News

Billionaire Steven Cohen, the founder of Point72 Asset Management, is reportedly jumping on the crypto bandwagon with his first investment in a crypto hedge fund Autonomous Partners. Cohen would be investing in the crypto hedge fund through his private investment vehicle, Cohen Private Ventures. With all his three decades of...

Diversify with eToro’s Upgraded Stocks Offer

July 15, 2018 by Nigel Dollentas at Altcoins, Bitcoin, Business, Investment

In terms of investing, risk is defined as the chances of loss relative to an expected return. Hypothetically, if two assets are expected to return the same amount but one is a low-risk bond, and the other is a riskier real estate asset, the bond would be the preferred choice....

Cryptocurrency’s People-Oriented Nature Beats Traditional Monetary System

July 15, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Commentary, Finance, Investment, News, Tech

At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can't function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is...

Cryptocurrency Mining Malware Affects League of Legend Gamers in Philippines

Cryptocurrency Mining Malware Affects League of Legend Gamers in the Philippines

July 15, 2018 by contributor at Altcoins, Bitcoin, Ethereum, Mining, News

Players of the widely popular game League of Legends (LoL) in the Philippines faced a predicament after a significant cryptocurrency mining malware came to light on July 11, 2018. Garena+ Client Causes Havoc Daily eSports detailed the latest instance of the widespread mining attack, a first-of-its-kind. LoL players in the...

China To Crackdown on Both National and International Bitcoin Exchanges

Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring

July 15, 2018 by Pratik Makadiya at Bitcoin, Crime, News, Regulation

On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China's Guangdong Province. Squashing Gambling Rings in China The police in Guangdong Province said that the total amount...

Using Crypto Tools in Bull and Bear Markets

July 15, 2018 by Peter Borovykh at Altcoins, Bitcoin, Finance, Trading Strategies

Volatility. It is perhaps the singular word that best encapsulates the cryptocurrency market and how people look at it. For crypto skeptics, volatility is their indicator to stay clear of risk. However, for crypto enthusiasts, volatility is the number one sign that faster and more meaningful returns are close at...

CheapAir Adds Support For Bitcoin Cash, Dash, and Litecoin for Flights and Hotel Bookings

Cheapair.com Announces BTCPayServer as its Solution to Bitcoin Payment Processing Problem

July 15, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Business, News, Tech

On July 13, 2018, American travel agency Cheapair.com has announced that it will no longer use a third party to process bitcoin payments from customers, following its much-publicized problems after Coinbase discontinued its support for the platform. Coinbase Troubles and Solution In a statement on the company website signed by...

July 2018 Blockchain Events and Cryptocurrency Conferences

July 15, 2018 by Crypto Advocate at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

The number of blockchain conferences around the world continues to grow. This technology is reportedly as innovative as the Internet and thus only a matter of time before it is a necessary technology to have to compete in the business world. Attend one of these conferences and gain useful knowledge...

New York Looks to Attract Cryptocurrency Miners With New Electricity Tariffs

July 14, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Mining, News, Regulation

The state of New York has approved a new set of utility rates aimed at attracting further investment from crypto miners into the state. Under the new framework, crypto miners who have descended on upstate New York to take advantage of low electricity prices will now be able to negotiate...

Co-Creator: ETH Price Drop Makes Sense, Ethereum is in Great Shape

July 14, 2018 by Joseph Young at Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, News

During an interview on First on CNBC, Ethereum co-creator Joseph Lubin, the founder, and CEO of blockchain software studio ConsenSys, said that the price drop of ether, the native cryptocurrency of Ethereum, makes sense and that the network itself is in great shape. Co-Creator Speaks About Ether Lubin, who has...

Russia to Allow Cryptocurrencies Trading on Stock and Commodity exchanges

Russian Intelligence Officers Face Criminal Charges after Using Bitcoin to Infiltrate Hillary Clinton’s Election

July 14, 2018 by contributor at Bitcoin, Crime, Finance, News, Regulation

On July 13, 2018, an 11-count federal indictment was filed against twelve Russian military intelligence officers allegedly infiltrating Hillary Clinton’s presidential campaign in 2016. The accused used cryptocurrencies to finance their operations and avoid the strict financial scrutiny that accompanies fiat operations. Russian Intelligence Held Responsible Digital Trends reported the...

Dirt Protocol Raises $3 Million to Create A Decentralized Information Verification Platform

July 14, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Business, News, Platform

According to TechCrunch, Dirt Protocol, a platform that uses blockchain technology to verify information, raised $3 million in seed funding from some venture firms and angel investors. Dirt Protocol Provides the Tools For Developers to Build their Databases Venture Beat reported that Dirt Protocol is creating a “Wikipedia for structured...

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