Monthly Archives: May 2018

Russia Central Bank Regulatory Platform to Test ICO

Initial Coin Offering technology or ICO is about to be piloted by Russia at its central bank’s regulatory platform. The platform was designed to test unregulated tech since its launch in April 2018. The process is thought out to end with results that will give various conclusions which are related to digital token assets. It targets to launch the first transaction that includes tokenized assets and assess the characteristics of the transfer while mitigating associated risks. The corporate and investment banking business of Russia’s state-owned bank the […]

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Why Choosing Litecoin as Abra Wallet Declares Support for LTC

Being one of the most explosive cryptocurrencies of 2017, Litecoin and various other altcoins have cemented their places in the top of the market cap crypto list. Keeping that in mind, for those that have still not stepped in, Litecoin could be a wise choice to go. Litecoin & Abra – [LTC] When it comes to Abra’s smart contract investing choice and solution, the CEO of the platform has added that they are strong supporters of the project of Litecoin as it would become the primary asset […]

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2 Million Revolut Customers Get More Cryptocurrency Access

In the heady days of 2017, Revolut Ltd promised it would continue to add cryptocurrency choices for its customer base. The future promise was made after its rollout of onboarding bitcoin core (BTC), litecoin (LTC), and ether (ETH) to eager users. Just this week, the England-based company made good by further adding bitcoin cash (BCH) and ripple (XRP). Also read: Bitcoin Use Case: Limiting Government Growth Revolut Adds Bitcoin Cash and Ripple to its Crypto Offerings In a series of questions and answers format for their unconventional […]

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John McAfee Predicts Bitcoin (BTC) Will Reach 15k by June

John McAfee makes another of his famous predictions, this time adventuring on a one-month time analysis for several events, including the behavior of various cryptocurrencies. In a tweet published on May 24, he mentioned that although his specialty is long-term predictions, this was a special occasion: My short term price predictions: in a major dip, with nearly everything dropping, the price of Docademic doubled since my prediction. The market will turn before June 12th and my predictions will hit. My algorithms predicted Trump’s June 12th date. They […]

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Podcast Platform Castbox Launches Blockchain Project to Reward Creators

Award-winning global podcast platform Castbox has announced the release of ContentBox, a blockchain-based infrastructure for decentralized digital content. The project is backed by Bo Shen — the founder of Fenbushi Capital and an early adopter of Ethereum — who will serve as both a cornerstone investor and strategic advisor to the team. Shen said, “The nature of blockchain technology is to take a slice of the pie from vested interest groups, where you are bound to encounter resistance. To get your project off the ground, you must […]

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The Bitcoin Group #177 – Price Manipulation – Weakest Link – Clean Up – Bullish Bulls

Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Join our New Patreon: https://www.patreon.com/wcn Subscribe to the WCN Audio Podcast on Itunes: https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2 Featuring… JW Weatherman (https://twitter.com/WeathermanIam) Andy Hoffman (https://twitter.com/Andy_Hoffman_CG) Gabriel D Vine (https://twitter.com/GabrielDVine) and Thomas Hunt (https://twitter.com/MadBitcoins) THIS WEEK: —————————- Bitcoin Price Manipulation Probe Launched By Justice Department – Bloomberg https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe Bitcoin Gold’s 51% attack is every cryptocurrency’s nightmare scenario — Quartz Every cryptocurrency’s nightmare scenario is happening to Bitcoin Gold Altcoin Verge Hacked For Second Time In Two Months, Around $1.4 Mln Stolen https://cointelegraph.com/news/altcoin-verge-hacked-for-second-time-in-two-months-around-14-mln-stolen Thomas H. Ptacek on Twitter: “Black Hat […]

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Chinese Exchange Launching Southeast Asian Crypto Trading Hub

Chinese exchange Zb.com has set up a branch in Thailand with a plan to turn it into the regional crypto trading hub in Southeast Asia. The move came as the Thai government finalizes the country’s regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Creating Regional Hub Dawei Li. (Photo credit/Matichon) Chinese cryptocurrency exchange and wallet provider Zb.com recently announced that it has set up a full-fledged branch in Thailand, called Zbthailand (Zbth), with the aim for it to […]

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First Bitcoin Mining Conference Hashes Over the High Cost of Energy

Bitcoin mining uses as much electricity as Ireland, and by the end of 2018, the Bitcoin network will be using as much energy as Austria, according to a new report by Alex de Vries of the Experience Center of PwC in the Netherlands. Billed as the first serious, peer-reviewed study of energy use in crypto mining, the report has set off alarm bells, adding to current concerns about the impact of future mining energy consumption on environmental issues like climate change. At the first-ever conference for crypto […]

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Pornhub is “Cheating” on XVG and Flirting With Another Crypto

When Verge announced a partnership with Pornhub, the news spread like wildfire. Inside the crypto sphere, everyone had some reaction, whether it was a joke or a serious one. Some analysts predicted a rise in prices – which indeed occurred – while others were in charge of analyzing the possible implications that this alliance could bring for a massive adoption in the markets. “The future has cum.” That was the slogan with which Verge’s team announced the partnership, showing a futuristic commercial in which a senior man […]

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Op Ed: The Benefits of Incentivizing Node Operators in Public Blockchains

The cryptocurrency industry has seen tremendous growth this year, with a 3,363 percent increase in market capitalization and a 216 percent increase in cryptocurrency and asset exchanges. While this is certainly promising, it foreshadows a unique scalability problem. At present, most crypto companies are almost entirely dependent on the charity of “nodes” to establish and enforce the rules of their platform — all with little or no incentive to do so. For years, this has been the industry standard, and, so long as the system isn’t overwhelmed, […]

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