Monthly Archives: May 2018

Litecoin (LTC) Founder To Leave For the Better of Decentralization – Litecoin Payment Support

For the last 24-hours, the pair LTC/USD is the highest gainer in the top-ten group of leading coins with 4.71 percent in the green pushing the value reach $168.64 upon entering the weekend.   Source: coinmarketcap As it seems now, in the next couple of hours or day Litecoin token value will run for a retest of the $170.00 to close above successfully which marks an important level to clear as it tanked the last time the coin when the market was going for a reverse in […]

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JPMorgan Files Patent for Blockchain-Powered Interbank Payments

JPMorgan Chase & Co., one of the biggest American multinational investment banks is showing an apparent change of rhetorics towards crypto but, above all, towards the use of blockchain technologies as tools to improve the global economic system. Although a few months ago, its CEO Jamie Dimon made some harsh statements against Bitcoin, accusing it of being a “fraud” —a fact that catalyzed a bearish trend in bitcoin according to several analysts— a later rectification in a much sober tone was seen as a small victory for the […]

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Blockchain Asset Company Huobi Group Announces Expansion to Canada

On May 4, 2018, at EDCON in Toronto, Canada, the Huobi Group announced its plans to expand to the Canadian market with a fully operational office in Toronto by the end of the year. This expansion marks the blockchain asset company’s second move into North America this year after setting up operations in San Francisco, and it comes just weeks after Huobi announced it would be opening European operations with an office in London, as well. The expansion will include “all the arms of the Huobi Group,” […]

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Today in Bitcoin (2018-05-04) – Bitcoin targets $10K Breakout – Bitcoin.com Lawsuit – Arizona Taxes

Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Join our new Patreon: https://www.patreon.com/wcn 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 —- Bitcoin Sets Sights Above $10K After Bull Breakout – CoinDesk https://www.coindesk.com/bitcoin-sets-sights-10k-bull-breakout/ Plug Pulled on Bitcoin.Com Lawsuit After Donation Shortfall – Bitcoinist.com Arizona’s Bid to Accept Crypto for Taxes Suffers Setback – CoinDesk https://www.coindesk.com/arizonas-crypto-tax-bill-undergoes-major-changes/?utm_content=buffer95f1e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer Bitcoin price: How to value bitcoin and other cryptocurrencies—in theory — Quartz How to value cryptocurrencies—in theory, anyway He Fled an Iceland Prison. Now He Wants to Go […]

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Cardano [ADA] Technology to Find Utilization in Ethiopia’s Agritechnology Industry

Ethiopia – African nation has announced that Cardano’s blockchain technology will be studied and explored out for use cases in the nation’s Agritech industry. The announcement has come to public via Charles Hoskinson twitter profile as he let know that a formalized contract has been made with the Ethiopian Ministry of Science and Technology. Just signed an MOU with the Ethiopian Ministry of Science and Technology to explore training blockchain developers and use Cardano in the Agritech Industry pic.twitter.com/r06W0RSZye — Charles Hoskinson (@IOHK_Charles) May 3, 2018 Accordingly to […]

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Crypto-to-Cash Lending is Growing Quite Popular These Days

Over the past year, cryptocurrency-backed lending has grown very popular with organizations like Salt Lending, and Unchained Capital trying to capture a piece of this emerging industry. Projects like Salt Lending have issued millions worth of crypto-backed loans so far and the teams behind these digital currency operations believe crypto-to-cash lending is going to be a pretty big deal in the future. Furthermore, this week a company called Nexo also plans to offer a digital currency for cash lending platform and raised $50Mn USD in capital from […]

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A 51% Attack on Bitcoin Means Mutually Assured Destruction

What would happen if bitcoin were to suffer a 51% attack? It’s a hypothetical question, but one that has troubled some of the community’s brightest minds. Just as army generals play out countless war games, enacting doomsday scenarios, bitcoin defenders like to ponder ways in which the decentralized cryptocurrency could be attacked and brought to its knees. Also read: Taking the New On-Chain BCH-Powered Social App Blockpress for a Test Flight Contingency Planning for a Worst Case Scenario A 51% attack, also known as a majority attack, refers […]

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Pornhub Induces TrafficJunky To Accept Verge (XVG)

TrafficJunky, an online advertising network, which claims to be serving more than 4 billion daily impressions, has highlighted it will start accepting Verge cryptocurrency as a payment option starting from Monday, May 7th, 2018. The ads network made this disclosure a few weeks after Pornhub and Brazzer announced their partnership with the cryptocurrency. Pornhub, an affiliate of TrafficJunky network, was not revealed by Verge until 75 Million in XVG was raised during an announced crowdfunding which was succeeded by plummeted market value and preceded by Verge hack […]

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Underperforming Tokens on Kucoin Will Be Sent for a Timeout

Kucoin exchange has devised a novel way of dealing with underperforming tokens. Rather than delist them, or leave them to die a slow death, it will send them to a “special treatment area”. Once placed on the token equivalent of the naughty step, they will be given a chance to buck up or risk being permanently removed. Also read: Tempers Flare at Milken Institute Cryptocurrency Conference Kucoin Sends Badly Performing Tokens to the Naughty Step Tokens that develop a low trading volume can expect placement in a special […]

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“Where Coffee Just Grows”: Connecting Ethiopian Agritech to the Blockchain

Blockchain technology holds great promise in Ethiopia, the largest coffee producer in Africa, but getting a foothold in the country is a challenge due its constraining bureaucracy. One blockchain company is finding inroads by directly collaborating with the government. IOHK, the company behind the Cardano blockchain, has announced a partnership with the government of Ethiopia to explore how blockchain technology could benefit the country. As part of that, IOHK is offering to train up to 100 Ethiopian software developers in the Haskell programming language. On Thursday, May […]

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