Monthly Archives: May 2018

Charlie Lee: Litecoin is “Extremely Secure”

In a recent tweet, Charlie Lee stated that Litecoin is an extremely secure cryptocurrency, discarding the possibility of a 51% attack. The tweet calms the anguish of many users given the recent wave of attacks on several altcoins as a result of the exploitation of their consensus algorithms. In lite of recent 51% attacks and https://t.co/yfy2GcBfQE info, rest assured that the Litecoin is extremely secure and mining is very healthy. 👍🚀– Pools are well distributed (largest 22%)– Hashrate up 50x (past 1 year)– High capital costs to […]

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Korean Supreme Court Rules Cryptocurrency Is Asset With Economic Value

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme Court Has Ruled Supreme Court of South Korea. South Korea’s top court ruled on Wednesday that the government could confiscate cryptocurrencies as crime profits since they are assets with economic value. The case involves Ahn, who operated an […]

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Scotland Hospital Opens Rehab Center for Crypto-Trading Addicts

We all indulge in guilty pleasures from time to time. Whether it’s chocolate, alcohol or something completely different, everyone has something that tantalizes their senses. For some people, that “something” is cryptocurrency. Now, a hospital in Scotland is working to help those who have taken their love of crypto a bit too far. Castle Craig Hospital — Scotland’s largest addiction treatment facility — has developed a center specifically dedicated to help cryptocurrency addicts. Representatives explain that “cryptocurrency users can get hooked by the volatile fluctuation of prices […]

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The 1 Bitcoin Show- BTC will create corporate job openings, BTC banks, mainstream ETH fail, EOS-yawn

Smart banks will become Bitcoin banks and take advantage of the 80%’s laziness. Hilarious Motley Fool Ethereum tweet. I do not care about EOS- just another Altcoin flavor of the month. In the next decade many smart holders will quit their corporate jobs because of BTC! Zcash and Rocketman WU talk. When Govs buy BTC- https://twitter.com/pierre_rochard/status/1001795402834817024 Bitcoin will free people from corporate jobs- https://www.bloomberg.com/news/articles/2018-05-30/traders-with-pockets-full-of-cryptocurrencies-quit-wall-street Bitcoin Banks- https://twitter.com/TuurDemeester/status/1001650398401384450 Bitcoin as a proprietary eponym- https://twitter.com/alistairmilne/status/1001372809262755841 How do 80%ers spell Ethereum? https://twitter.com/themotleyfool/status/1001882239272177664 Rocketman Wu talk- https://forum.z.cash/t/so-i-had-a-videochat-with-jihan-wu/29379/3 Boca Raton June 12th- […]

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Bitcoin Talk Show #56 – SKYPE WorldCryptoNetwork (2018-04-06) #LIVE

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 Call Us LIVE! SKYPE WorldCryptoNetwork Check out the brand new http://WorldCryptoNetwork.com/ Follow WCN on Twitter: https://twitter.com/WorldCryptoNet Powered by WPeMatico

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BitBay: Poland’s Largest Cryptocurrency Exchange Announces Move to Malta

Poland’s largest cryptocurrency exchange platform, BitBay announced on May 29 that it would cease operations in the country in favor of a move to Malta. The platform revealed the decision in a statement published on its website. BitBay blamed the increasing operational restrictions brought about by the refusal of banks to offer services to the firm as the reason for the move. BitBay was established in 2014 in Katowice, Poland. The platform offers trading support for 29 digital currencies including Bitcoin, Ethereum, and Litecoin. The crypto exchange […]

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Zcash (ZEN) Team Getting Ready for Sapling Hard Fork Upgrade

The party behind the currency hailed as untraceable, has released software that holds in itself ground supporting elements for the planned and designed Sapling upgrade, that will come real later this year. Based on the blog released notes on Wednesday, the 1.1.1 update implements the first consensus laws making prepares ready for a Sapling supported testnet. According to the first announcement of Sapling in Feb, the upgrade will speed up transactions for the platform. For everything to shoot-off, the developers added that only the block-point when the hard […]

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Austrian Financial Market Authority Stops ‘Active Managed Mining’ Operation

The cryptocurrency industry have created a host of legal questions as old definitions are forced on brand new innovations. Should switching between the most profitable coin to mine at each time be considered some type of fund management? Austrian regulators seem to think so. Also Read: Bitcoin in Brief Wednesday: China Fights Impersonators and Fraudsters Unauthorized Alternative Investment Fund Management The Austrian Financial Market Authority (FMA), Austria’s integrated supervisory body, has announced that, by means of a procedural instruction, it prohibited the business model of Invia Gmbh, a […]

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Ripple (XPR) Going for $5 by the End of the Year

Being one of the most influential and impacting cryptocurrencies in the crypto-verse, the third largest coin Ripple XRP has been swimming below the $1.00 mark for months now. However, many are forecasting that this will change very soon in investment terms. The change predicted will be very positive in return, if it turns out right,  making XRP one of the best choices out there for a stepping in path. Future Changing Virtual Currency – Ripple Even that it is considered a centralized digital currency and criticized for that […]

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Chinese President Xi Jinping Endorses Blockchain– It’s a ‘Breakthrough’ Technology

Chinese President, Xi Jinping, has endorsed blockchain technology by calling it a ‘breakthrough’ technology. The Chinese leader commented positively about distributed ledger technology in a speech during this week. China has been embracing the technology behind Bitcoin in many different fields and by a wide range of enterprises. China Embraces Blockchain Technology According to CNBC, Mr. Xi Jinping talked about how the different new technologies that are spreading around the world will change the way in which enterprises evolve. “A new generation of technology represented by artificial […]

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