#Blockchain

Robinhood CEO Provides Insight on Firm’s Cryptocurrency and Bitcoin Business

June 26, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News

The trading platform, Robinhood, is quickly gaining relevance in the crowded space of stock brokers by offering no-fee trading on equities, options, and cryptocurrencies. Robinhood’s Cryptocurrency Model Valued at an estimated $5.6 billion, Robinhood is the world’s second most valuable private trading company. It has over four million customer accounts,...

Swiss Bank Bearish on National Digital Currency

June 26, 2018 by Kieran Smith at Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

Speaking at the 2018 Crypto Valley Blockchain conference in Zug, Switzerland, on June 23, 2018, Thomas Moser voiced his doubts about the creation of an ‘e-franc’ Swiss bank crypto. Swiss Official Reveals Cryptocurrency Concerns Moser, a member of the Swiss National Bank's board of governance, said that the initial interest...

BTCManager’s Week in Review – Bitcoin Plummets Below $6,000 Mark as Bithumb Gets Hacked and Mt.Gox Creditors Reimbursement to be in BTC/BCH

June 25, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Crime, Ethereum, Finance, News, Regulation, Tech

For the first time since the start of the year, the price of bitcoin dipped below $6,000 per coin, which marks a 10 percent decline versus the previous week and an over 50 percent drop year-to-date. The continuance of the bitcoin price decline was driven by the hack of Korean...

News Update: ZClassic and Anonymous Bitcoin

June 25, 2018 by Crypto Advocate at Altcoins, Bitcoin, Blockchain, Commentary, News, Tech

IN May 2018, Anonymous Bitcoin (ANON) met one of their first deadlines and announced that Ran Neuner, one of the world’s most influential individuals in Crypto, would be their newest advisor. You can see him all summer long reporting for CNBC as the "Crypto Trader." Ran’s expertise and following in...

Israeli Cybersecurity Experts Predict More Attacks on Crypto-Related Businesses in 2018

June 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Commentary, Crime, News, Regulation

At a time when the cryptocurrency sector is nearly saturated with heists, hacks, and more 'cryptocrimes,' Israeli cybersecurity experts say more turbulence await crypto investors this year, as blockchain-based digital currency attacks will surpass other types of cyberattacks in 2018. Blockchain Suffering Reputational Damage Present at the Tel Aviv University...

ICOBox and Lition Announce Significant Partnership for Token Support

June 25, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, News, Tech

Lition has signed up with ICOBox, the world’s premier service provider for conducting ICOs. The latter will provide advice to help ensure Lition has the best support possible while they prepare to launch their ICO later this summer. The Lition Token The Lition Energy Exchange brings transparency and sustainability into...

Bitmain’s Hashrate Steadily Reaching 51 Percent of Bitcoin Network, Already at 42 Percent

June 25, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Mining, News

Bitmain’s concerning hashrate dominance on the Bitcoin’s network reached a new high on June 24, 2018, after reports suggested it nearing the fatal 51 percent figure. Rising Concerns As per a report on Trustnodes, the Chinese mining equipment manufacturer controls over 42 percent of the network hashrate if data from...

Huobi Global Ecosystem Invests in Global Risk Exchange

June 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, News

Huobi Global Ecosystem Fund has invested in Global Risk Exchange (GRE), a blockchain-based, decentralized and open global risk exchange market, China Money Network reports. As stated, the investment would be used to secure the progress of the international distribution and ecological construction of GRE. Global Risk Exchange Global Risk Exchange...

U.S. Supreme Court Mentions Bitcoin as Potential Medium of Exchange

June 25, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

The US Supreme Court has referenced Bitcoin and cryptocurrencies in a case. While the case wasn’t focused on cryptocurrency regulations, it marks a crucial moment in cryptocurrency history. The Supreme Court had openly considered cryptocurrencies a potential medium of exchange in the future. Court Mentions Cryptocurrencies In Wisconsin Central Ltd....

ZCash “Overwinter” Upgrade is Coming, Sets the Groundwork for Further Substantial Developments

June 25, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, News, Tech

On June 26, 2018, privacy-centric protocol Zcash will undergo its first hard-fork. The upgrade is named “Overwinter” and takes place at block 347,500 assuming a hash rate of 150 seconds per block. Setting the Foundation According to a Zcash Foundation post on the development, the hard fork serves to fortify...

BitFlyer Hit With “Business Improvement Order,” Suspends The Creation of New Accounts

June 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, News

Japan’s largest cryptocurrency exchange, BitFlyer, has placed a moratorium on the creation of new accounts following intervention from the country’s principal financial services regulator, the FSA. The restriction was put in place after the FSA placed a ‘Business Improvement Order’ on the exchange on June 22, 2018. BitFlyer received the order alongside...

Ethereum’s Billionaire Co-Founder Bullish on the Chinese Cryptocurrency Sector, Lists Qtum and VeChain

June 25, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Commentary, Ethereum, News

Cryptocurrency billionaire Anthony Di Iorio, co-founder of Ethereum and early investor in Bitcoin, is turning towards the Chinese cryptocurrency market in hopes of repeating his investment success. VeChain and Qtum on Billionaire's List In an interview with Bloomberg on June 22, 2018, Di Iorio expressed his thoughts on the cryptocurrency...

Chinese Police Raid Illegal Bitcoin Miner’s Home, Seize 200 Computers

June 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Crime, Mining, News

A private residence in Anhui Province, Eastern China has become the scene of yet another incident of electricity theft in an illegal cryptocurrency mining operation, with a police raid revealing an illicit setup of 200 computers mining bitcoin and ethereum. The story, which was reported in Chinese media is yet...

EOS “Constitution” Blocks 27 Accounts

June 24, 2018 by contributor at Altcoins, Blockchain, Business, News

The controversies surrounding EOS cease to decrease, as the blockchain protocol raised eyebrows on June 22, 2018, in regard to its rather centralized approach to governance. Governing Like a Bank According to the "Emergency Measure of Protection Order" released by the EOS Core Arbitration Forum (ECAF), 27 block producers maintaining...

Stellar in Negotiations to Purchase Chain for $500 Million XLM

June 24, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, News, Tech

Negotiations are underway for Stellar to purchase Chain, a blockchain tech startup, for $500 million worth of Stellar Lumens (XLM). Stellar Eyeing to Scoop Chain Engineering Talent San Francisco-based blockchain company, Chain, built a platform called Sequence. Sequence is described by Chain as a “ledger-as-a-service that enables organizations to securely...

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