Tag: BTC

The Digital Currency Initiative (DCI), a cryptocurrency and blockchain-focused research community at MIT, are demonstrating an experimental use case in the backdrop of Bitcoin’s Lightning Network that would amalgamate smart contracts with the Bitcoin network to scale further. The Lightning Network is an open protocol layer that is built on the bitcoin blockchain network, enabling faster and cheaper transactions. The…

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CNBC Fast Money aired a segment with crypto investor Brian Kelly promoting Bitcoin Cash (BCH) on the channel, even stating that it is “the must-own digital currency” of the moment. According to Kelly, the altcoin’s worth will skyrocket thanks to the development fund being reportedly set up by bitcoin cash miners. Comparatively Speaking: BTC, BCH, and XRP Kelly continued, “You’re…

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For the average person, the mention of a pizza priced at a million dollars is sure to stir up imaginations of a gold-wrapper, diamond encrusted pizza made with the rarest caviar. However, ask any bitcoin enthusiast, and he is sure to point you towards the story of Laszlo Hanyecz. The Multi-million Dollar Pizza On May 18, 2010, Hanyecz, a Florida-based…

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A recent survey conducted by eToro, the social trading and multi-asset brokerage company, revealed that women only account for a tenth of crypto traders. This information solidifies the fact that gender inequality is still a major stumbling block for the crypto sector. Since the inception of Bitcoin, it has been for the most part judged as a male dominion. Women…

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After announcing the launch of bitcoin futures in December 2017, the Chicago Mercantile Exchange (CME) announced the launch of two Ethereum-focused indices on May 14, 2018, germinating speculation about the possible launch of an ether futures product in the near future. CME’s ETH Introduction According to an official press release, the world’s largest futures operator said that it would provide…

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Aditya Birla Group, one of India’s top business conglomerates is the first victim of a “cryptojacking” attack that occurred In April 2018. The attack was first detected in some of the conglomerates overseas subsidiary’s, but it quickly spread to manufacturing and other companies closer to home within days. First in India, but Illicit Mining Is a Long-Standing Problem Over 2,000…

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Bitmain co-founder Wu Jihan has revealed that his company has huge expansion plans for its Bitcoin mining operations in the U.S. during an interview with Bloomberg. On April 13, 2018, the mining firm announced that it had been given the green light to set up cryptocurrency mining operations stateside. Fast Moving Targets: Bitmain’s Growing Operation During the interview, Jihan revealed…

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Upbit, South Korea’s largest cryptocurrency exchange platform, is currently under investigation as it is suspected of engaging in false financial reporting activities, deceiving investors in the process as the price of bitcoin breaks below $9,000. Local media outlets in South Korea also report that the exchange’s office has been raided. The latest development follows is the a series of crackdowns…

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May 7 should be the start of a very exciting week in the cryptocurrency space. Bitcoin (BTC) has seen a price surge with renewed interest being spurred through conferences and the media. With an uptick in publicity and BTC’s price driving higher it seems like it will be an exciting week for coins like; BTC, DENT, DGB, and ENJ. A…

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A Norwegian bitcoin exchange Bitmynt AS has lost a lawsuit that was filed in 2017 against Nordea Bank AB. The lawsuit was filed by Bitmynt AS founder Sturle Sunde shortly after the bank suspended its account citing nefarious use in April 2018. The Verdict Judge Elisabeth Jordan Ramstad of Oslo District Court ruled that the decision taken by the financial…

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