Monthly Archives: May 2018

Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin

This week, Elias Valentin Smith, a 20-year-old man from New Zealand, successfully appealed his prison sentence for drug dealing with bitcoin as a teenager. This was despite the fact that the court system considered the use of bitcoin as a sign of criminal sophistication. Also Read: Bitcoin Is Not Used by Organized Crime Says Hong Kong Government Not Dark Enough Net Last month, Elias Valentin Smith of North Shore, Auckland, was sentenced to two years and three months in jail for fourteen drug-related charges by the Auckland […]

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Darknet Markets: Learning How to Get There is Half the Battle

So you’ve recently heard about a place called the Deep Web, and the underground darknet markets (DNM) that reside there offering narcotics like cannabis online. Using these websites and the wares these markets sell may be illegal in your country, so learning to take the necessary precautions before visiting a DNM is an absolute must. Educating yourself on the basics of operations security (Opsec) is a great idea before exploring the depths of DNMs found on the invisible web. Also read: Six Alternatives to Telegram for Cryptocurrency Communities […]

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Today in Bitcoin (2018-05-03) – Goldman Sachs to trade Bitcoin – Sell in May? Not Today.

Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Support the Show: https://www.patreon.com/madbitcoins Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2 Check out the brand new http://WorldCryptoNetwork.com/ Follow WCN on Twitter: https://twitter.com/WorldCryptoNet Track the Mayer Multiple on WCN: https://www.worldcryptonetwork.com/price —- ‎9571.40 USD / BTC – Average United States Dollar Bitcoin Price https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd http://www.btcsatoshi.com/ Goldman Sachs to Open a Bitcoin Trading Operation https://www.cnbc.com/2018/05/03/goldman-sachs-to-open-a-bitcoin-trading-operation.html Sell In May and Go Away? Not for Bitcoin Bulls – CoinDesk https://www.coindesk.com/sell-in-may-and-go-away-not-for-bitcoins-bulls/ Dowsing – Wikipedia https://en.wikipedia.org/wiki/Dowsing 3 Things That Could Lift Bitcoin Prices To New Highs https://www.forbes.com/sites/panosmourdoukoutas/2018/05/02/3-things-that-could-lift-bitcoin-prices-to-new-highs/#18711f6d762c The End Of Easy Money […]

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Ethereum (ETH) Could Turn Out As The Best Contender Even Against Bitcoin – Reddit Co-Founder

“I’m most bullish about Ethereum simply because people are actually building on it,” These are the words of the co-founder of the very popular social news aggregator Reddit – Alexis Ohanian, who is pointing towards Ethereum for those that want to be part of the winner zone while recommending to look past Bitcoin [BTC] which is leading the crypto-list by market capitalization. The tech executive now is working full time at – Initialized Capital, his venture capital company, which in the past has bet on cryptocurrency related firms and […]

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Op Ed: Can Solar Power Drive Bitcoin Mining in Africa?

While many in the West often overlook Africa as an emerging blockchain innovation center, a deeper look across the continent tells a very different story. The Blockchain Africa Conference came to a close last month in Johannesburg, South Africa. Around the same time, the Kenyan government set up a task force to study the impact of the technology. There are plenty of other blockchain communities growing around Africa too, in places like Nigeria, Sudan and Algeria. Although not without difficulties, the growing connectivity and an advancing computer […]

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IOTA (MIOTA) Price Takes Over as Qubic – Project Q is Finally Revealed

The clear winner as it is turning out to be for today’s crypto-market trading is IOTA against the US Dollar as it climbed to 17.00% increase in the last 24-hours making it to $7.1 bln market capitalization. There could be many factors impacting the excellent performance of the pair and some of them will be mentioned below. Source: coinmarketcap The $2.66 level has not been met since mid-January when all digital currency tokens were suffering under heavy selling. In our most recent IOTA price related writing, we mentioned […]

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46% of This Year’s ICOs Launched with Nothing More Than an Idea

They say that everyone has at least one brilliant idea; it’s just that most people never do anything with it. It’s one thing to have a eureka moment, but implementing it requires time, effort, and capital. Thanks to the advent of ICOs, at least one of those problems has now been solved. Almost half of this year’s crypto projects launched their ICO with little more than a white paper and an idea. Also read: Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token […]

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Cardano [ADA] Founder Hits Africa, To Train Blockchain Developer

While Ethiopia seems to be getting attached to various news surrounding blockchain, the road to Africa’s success through blockchain technology looks to be paved as the co-founder of Cardano blockchain technology headed for Ethiopia, signing a Memorandum of Understanding (MoU) during the visit. Charles Hoskinson‏, team lead developer at Cardano foundation, also a co-founder of IOHK, on Twitter today announced the signing of a memorandum between Cardano and the Ethiopian Ministry of Science and Technology in a bid to promote the presence of blockchain technology in the […]

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CFTC’s Christopher Giancarlo Criticizes Outdated Regulatory Mandate

The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. Giancarlo acknowledges the inappropriateness of the CFTC’s antiquated regulatory apparatus when assessing the innovative phenomena of bitcoin and cryptocurrencies. When asked of the legal classification of bitcoin, Mr. Giancarlo stated: “It’s a […]

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PR: DASHUB Selects Clears for KYC and AML Compliance

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. -DASHUB Inc., signs commercial agreement with Clears as its exclusive KYC/AML user verification solution.- -Clears provides DASHUB’s users with international compliance, data privacy, security, and frictionless interaction using the blockchain- NYC-New York- May 03rd 2018 – ​Clears, a revolutionary data-less Know Your […]

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