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Monthly Global Public Chain Assessment Index From China Will Track Bitcoin, Bitcoin Cash, Cardano, Ethereum, Litecoin, and More

May 15, 2018 by Priyeshu Garg at Altcoins, Bitcoin, News

The Chinese CCID think tank hosted a seminar on public blockchain technology on May 11, assessing the current status of adoption, possible application as well as announcing the monthly Global Public Chain Assessment Index. The symposium also acted as a special promotion of blockchain as the solution to many aspects...

Vipnode’s Economic Incentive Node Model Serves to Avoid Ethereum’s Past Network Clog

May 14, 2018 by contributor at Ethereum, News, Tech

The Ethereum Foundation’s grant program, which funds the groundwork for ensuring deserving blockchain teams contribute to the growing decentralized ecosystem, has funded Vipnode, a subscription-based node model that aims to avoid a repeat of the network’s infamous jam of December 2017. CryptoKitties And Network Clog Andrey Petrov, an Ethereum developer...

An electrified pick axe with a gauge on it. Red cave looking background. How to boost mining power? Russia's Tech savvy make a move.

First-Time Disclosure: Crypto Sales Account for 9 Percent of Nvidia’s Q1 Revenue

May 14, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Ethereum, Mining, News, Tech

Graphics processor maker Nvidia Corp. disclosed that sales of graphics processing units (GPUs) to cryptocurrency miners equated to $289 million in the first quarter of 2018, forming only nine percent of its overall reported revenue of $3.21 billion for the period. Financial analysts had estimated sales of around $200 million...

Bulletproofs can Help Bitcoin to Process Anonymous Payments Efficiently Says Developer

May 14, 2018 by Joseph Young at Altcoins, Bitcoin, News, Tech

Adam Gibson, a Python developer and bitcoin researcher, stated private or anonymous bitcoin transactions are large in size but can be scaled with solutions like bulletproofs. Private Transactions are Larger than Public Ones Anonymous transactions are larger in size than normal transactions. As such, most blockchain projects consider scalability as...

IRS: Cryptocurrency is a Property & Swaps are Taxable

Israel’s Tax Authority is Using Social Media to Track Down Bitcoin Tax Evaders

May 14, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

It is known that Israeli bitcoiners are required by law to pay a 25 percent capital gains tax while crypto-related businesses must compulsorily send their 25 percent tax plus another 17 percent VAT to the authorities. However, since the bill became law, quite a few people and businesses in Israel’s...

Ethereum Client Geth 1.8 Iceberg Announced

Ethereum Futures Live On Trading Platform Crypto Facilities

May 14, 2018 by Priyeshu Garg at Ethereum, Finance, News

A remarkable leap forward for the Ethereum community as May 11, 2018, marked the debut of ether futures on a regulated trading platform. This new development with potentially far-reaching consequences took place in the United Kingdom where Crypto Facilities, a regulated trading platform answerable to the Financial Conduct Authority (FCA),...

Choon: Music and Streaming on the Ethereum Blockchain

May 13, 2018 by Nuno Menezes at Business, Entertainment, Ethereum, News

Choon is a new music streaming service, and digital payments ecosystem developed to deliver new solutions for the music industry’s most fundamental problems, with industry veterans advising the project. The platform is built to let artists earn cryptocurrency for each stream of their tracks. The platform offers a music streaming...

Crystal Token: Introducing the Next Generation Smart Investment Platform

May 13, 2018 by Nuno Menezes at ICO/IEO

Crystal Token is a new cryptocurrency project that is committed to deliver an innovative platform for smart investments, Virtual Staking, Automated trading with A.I. support and several other investment plans designed an ongoing passive income to satisfy the investment needs of amateur, professional and institutional investors alike. The Problem According...

Blockchain-vended Beer Can Soon Become a Reality

May 13, 2018 by contributor at Altcoins, Blockchain, Entertainment, News, Tech

After the burgeoning of the cryptocurrency sector in 2017, the industry’s next step to move forward with working products, and real world uses-cases that propel blockchain technology and its related sectors as a whole forward. With this in mind, blockchain-based identity verification (IDV) platform Civic shall unveil a fully functional...

10 Charts Which Show This is Just The Beginning of Crypto

May 13, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, Finance, News

The cryptocurrency market has been hailed as a nascent market that continues to experience exponential growth. Though not comprehensive, attempts have been made to define this growth using parameters such as the number of cryptocurrencies listed on the CoinMarketCap, which currently stands at 1,595. Besides listed cryptocurrencies, other parameters of...

Washington County Gives Go-Ahead for Bitmain’s Subsidiary Ant Creek’s Mining Operation

Bitmain’s Jihan Wu: “We Have Really Huge Expansion Plans for U.S.”

May 12, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Ethereum, Mining, News

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...

“eBay for CryptoKitties:” OpenSea Raises $2 Million in Funding

May 12, 2018 by Priyeshu Garg at Altcoins, Blockchain, Ethereum, Finance, News, Tech

Of all the things carried on the non-fungible token standards like ERC-721, CryptoKitties epitomizes the de facto fun use case for blockchain. As the first genuinely recreational use DApp, CryptoKitties and other items of that nature will now have a new trading place. A CryptoKitty eBay OpenSea is a new...

Major Ethereum Scaling Solution Casper to Enter Testnet Soon

Ethereum Developers Publish Much-Awaited Casper FFG Network Update

May 10, 2018 by contributor at Altcoins, Commentary, Ethereum, News, Tech

Marking a significant step in its development, Ethereum’s developers published its much-awaited Casper FFG on May 8, 2018, in a bid to eventually drive the network away from its currently used Proof-of-Work (PoW) protocol to a Proof-of-Stake (PoS) protocol. Casper FFG Marks a Step Ahead Posted on GitHub by developer...

Huobi’s Report on Cryptocurrencies Reveals that Investors Remain Optimistic

Huobi Research Shows Increase in Investors’ “Bullish Sentiment” Regarding Cryptocurrency

May 10, 2018 by contributor at Altcoins, Bitcoin, Commentary, Ethereum, News

On May 5, 2018, Singapore-headquartered crypto-exchange Huobi released its “Cryptocurrency Investor Sentiment Index Report April,” which collated data from thousands of users on their sentiments about the digital assets market. The results were certainly positive, and represented an increase of 17 percent in investor’s “bullish sentiment.” For the report, which...

Bitcoin Evangelist Michael Novogratz Joins Forces with Bloomberg to Launch Cryptocurrency Index

May 10, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Ethereum, Finance, News

Former Wall Street executive, Mike Novogratz's crypto dream is gradually coming to fruition as his cryptocurrency merchant bank. Galaxy Digital LP has struck a strategic partnership deal with Bloomberg to create a cryptocurrency index called the Bloomberg Galaxy Crypto Index (BGCI). In the May 9 announcement, the firms have stated...

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