Monthly Archives: July 2018

A Basic Guide to the Digital Age: Breaking Down Congress’ Crypto Hearing

Yesterday, Congress addressed in two full hearings why it’s time to start taking a closer look at why and how digital assets, including cryptocurrencies, are impacting U.S. marketplaces. The following condensed information is a run-down of what the House Committee on Agriculture and the U.S. Commodity Futures Trading Commission (CFTC) discussed during the hearings regarding cryptocurrency and distributed ledger technology (DLT). Congress Has a Vested Interest in Securities and Economic Growth Some might find it odd to see the House Committee on Agriculture represented at a hearing […]

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Dala Adds Stellar Blockchain to Ecosystem, Reveals Multi-Chain Strategy

Dala has officially announced a new multi-chain strategy that will include Stellar, the technology behind the seventh largest cryptocurrency (lumens) by market cap. Dala is looking to create the most decentralized financial system available by bring together top blockchains and protocols. It hopes to reach developing markets by establishing a decentralized system that allows users to borrow, earn, save and transact funds. Dala says it will be using Stellar for payments, along with Ethereum for its smart contract capabilities. Stellar promises speedy and low-cost transactions for customers, and […]

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Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices

On July 16th, Hut 8, one of Canada‘s foremost Bitcoin mining firms, announced that the construction of its newest mining facility was complete. The press release issued by the company states that its new Bitcoin mining facility, located in the small Canadian city of Medicine Hat, has been recently completed, including the recent electrification of 24 “BlockBox” datacenters. Hut 8 revealed that this operation was completed two months ahead of its September 2018 deadline, as a result of their “employees hard work” and help from third-party entities. […]

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BCH Roundup: Markets Spike While the Community Debates Token Protocols

There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months. Also read: Ross Ulbricht Joins Twitter This Week’s BCH Network and Market Action    In twelve days the Bitcoin Cash community will be celebrating the anniversary of the blockchain split that occurred last […]

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WCN @ MisesU ~ Joined by Dr. Walter Block and Dr. Bob Murphy and Ricardo!

The Mises University is the most pristine event in Austrian Economics, the study of the economy of a free society. Max is attending the classes and will interview the professors & attendees about economics, Bitcoin & freedom. Donate Bitcoin to the World Crypto Network: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Support the Show: https://www.patreon.com/madbitcoins Donate Bitcoin to the Mises Institute: 1HF7EcMX5u3cMBeo4NBeN7vym36cg7gS6v Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2 Find all videos of WCN @ Mises University 2018: Call Us LIVE! SKYPE: WorldCryptoNetwork Check out the brand new http://WorldCryptoNetwork.com/ Thanks to the Mises Institute […]

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Ethereum-based BitMart Token (BMX) Now Listed on CoinMarketCap

BitMart token (BMX) has been listed on CoinMarketCap (CMC) with price of $0.0542 USD as of writing. BitMart Exchange itself was listed on CMC in early June and currently has a daily trading volume of $22,630,975.23, earning it a top 50 ranking on CoinMarketCap. What is BMX? BMX, is an ERC-20 based token issued by BitMart Exchange with a total volume of 1,000,000,000 tokens. When users conduct transactions on BitMart, they will get a discount on the trading fee if they use BMX, no matter what tokens […]

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Ethereum (ETH) The Main Catalyst for Blockchain to Have Success

Well known and much-respected CEO of fintech company Circle – Jeremy Allaire, praises Ethereum for the enormous success cryptos had the past year. The comments were added during an interview for CNBC. “Right now Ethereum has an enormous amount of developer activity…One of the things that really catalyzed the [cryptocurrency] market last year was actually that ethereum, in particular, kind of got to a place where you could build apps on top of it,” he said. “You could issue new tokens on top of it; you could […]

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Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch

A new test network has been launched for Raiden, the ethereum payments channel project. Announced at the Dappcon developer conference in Berlin on Thursday, the release features a minimal implementation of the scaling solution that will allow ethereum tokens to be traded on off-chain payment channels. Notably, this particular testnet will be the final one to battle-test the tech before it goes live for everyday users. “It’s the first step towards going to the mainnet,” Lefteris Karapetsas, core developer of the project, told CoinDesk. While Raiden saw a testnet […]

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Ethereum’s Most Heated Tech Debate Is Proving It’s Far From Over

Ethereum’s most polarizing debate is back – and, arguably, as complex as ever. Largely undiscussed since April, the question of whether the world’s second-largest blockchain would consider a system-wide software upgrade as a way to return $239 million lost due to a mishap at a major startup resurfaced with a new round of infighting among stakeholders this week. Sparked in the days prior to a meeting in Berlin meant to address decision-making challenges on the decentralized network, the issue revolves around a code proposal called ethereum improvement proposal […]

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Ethereum Client Removes Graphical Interface in Major Upgrade

Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI). In effect, the changes mean that Parity’s “wallet” – that is, its repository of private keys – does not now exist for general, non-technical consumers. All “installers and operating-system specific packages” have also been removed. According to newly published details for the Parity 2.0 client, the software is being positioned as “expert software for production use and shouldn’t be considered end-user software or an ‘Ethereum Wallet’.” At […]

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