Montana: Power Block Coin, LLC to Build $251 Million Data Center to Mine Cryptocurrency

Source: Newsbtc.com

Power Block Coin, LLC’s proposal to invest $251 million to build a cryptocurrency mining farm in Montana Connections, a special tax district west of the city of Butte, has been given the green light. This Wednesday, Butte-Silver Bow Council of Commissioners voted unanimously (9-0) to allow Utah-based Power Block Coin, LLC — a subsidiary of Blue Castle Holdings Inc. — to build a campus of high-powered data centres in special tax district Montana Connections. The company plans to spend $251 million on improvements to the site over 36 months. The Campus Power Block Coin plans to harness 135-megawatts of power on its campus. As per the proposal to the county, the company will do this by building a substation at Montana Connections, which will be built in two phases over 24 months. Out of the $251 million total, $8 to $10…

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Taiwan: Suspects in $100k Bitcoin Robbery Arrested

Source: Newsbtc.com

Four men have been arrested in Taiwan in connection with a Bitcoin robbery. During the incident, the suspects were able to make off with Bitcoin worth over 5 million Taiwanese dollars – the equivalent of around US$170,000. Authorities have deemed it the first case of Bitcoin robbery in the nation. Suspects Posed as Potential Buyers of Bitcoin According to local authorities, the victim was lured to the city of Taichung. He was under the impression that he was meeting a group to sell them Bitcoins. After meeting with three men, the victim – surnamed Tai – showed them proof that he did indeed have the Bitcoin needed to make the trade on his phone. It was then that the suspects assaulted both Tai and his friend. The victims suitably incapacitated, the three men then sent 18BTC from the wallet on…

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Cryptosphere Veteran Sunny King Creates New Blockchain Database Platform

Source: Newsbtc.com

Sunny King, a well-known anonime figure in the crypto industry, has returned to lead a new project called VEE as their chief architect and bring a database platform for blockchain applications. The VEE team is currently on a promotional spree having visited Korea, Japan, Singapore, Hong Kong and will go over Europe in February. The 5th generation of Bitcoin Short for Virtual Economy Era, VEE is an open source blockchain platform that will empower developers to build applications. It has a modular structure, which supports multiple consensus algorithms and a secured network that helps both in-chain and cross chain transactions. Aside from being a platform, VEE also has a blockchain database cloud feature (claiming to be blockchain 5.0) allowing not only developers but also corporations and industries to create a decentralized and scalable database. To boost the blockchain incorporation of…

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Blockchain can Save the Asset Management Industry Billions Every Year

Source: Newsbtc.com

Digital solutions will go a long way in the financial industry. Right now, a lot of processes still require manual labor. It is cost-inefficient, cumbersome, and introduces unnecessary delays. The asset management sector can certainly benefit from the performance increase provided by blockchain technology. Blockchain in the Financial Sector It is evident distributed ledgers will play a big role in the future of finance. Not just in terms of banking or remittance either. Instead, new research indicates blockchain can revamp the asset management business as a whole. More specifically, the technology can automate buying and selling of funds, which will lead to major cost reductions. Giving investors more bang for their buck is always an option worth looking into. Looking at the current daily trading volume across the busiest markets, total savings may add up to $2.7bn. That is a…

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AT&T and Bayer tap Blockchain to Disrupt Digital Advertising

Source: Newsbtc.com

Digital advertising is an industry prone to disruption in many different ways. Major brands are trying to introduce a new degree of transparency to this industry in the future. Even AT&T and Bayer are banking big on blockchain technology in this regard. Disrupting Digital Advertising It is unclear what the future will hold for digital advertising. The current business model suffers from a lack of transparency. At the same time, advertising fraud is on the rise. Something will need to change sooner rather than later. Bayer, the pharmaceutical giant, has been vocal about issues affecting the digital media supply chain. More specifically, the company warned about fraud and waste since 2016. Ever since that time, very little action has been undertaken to improve that situation. Using blockchain technology to alleviate some of these concerns is certainly an option worth exploring….

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Stablecoin Done Right for Traders Miners and Merchants

Stablecoin Done Right for Traders Miners and Merchants
Source: Newsbtc.com

  The crypto world needs a stablecoin it can trust. In case you are new to this game, let’s explain that a little further. No, we’re not talking about making Bitcoin, Ethereum et al less volatile. That’s something that will likely come with age. Instead, we are talking about solving a problem that confronts all crypto traders – where to hide when the going gets tough? The market is falling precipitously and as an investor or trader you want to protect your portfolio from losses. If your coins are on an altcoin exchange that doesn’t handle fiat then your options are limited to using a token issued byTethercalled UST or the lesser known Dai token from MakerDAO. Tether, as its name suggests, has its valued tethered to that of the US dollar. This is what is known as being “pegged”…

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SP8DE distribution changed, unsold tokens go to investors!

Source: Newsbtc.com

  Editorial  Chapter 1 The SP8DE project has begun with a complete lack of external financial support, zero self-funding, and obviously no marketing budget to attract at least some attention of the masses. The world of ICO markets is tough. This market today is a wild west: the one law in existence is that of self-interest, and for most the only shepherd is greed. Every single unit of traffic, every single lead is stretched until the limit by the other ICO projects that are simply too many for this narrow market. Add to this,one of the biggest surges in the aggregate capitalization of cryptocurrency markets that has squeezed the last fresh cash flows out of the ICO domain. The rapidly accelerating tendency of the investment public to invest less in ICOs than ever before seemed like a shining apex at…

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SP8DE Distribution changes

Source: Newsbtc.com

  Editorial  Chapter 1 The SP8DE project has begun with a complete lack of external financial support, zero self-funding, and obviously no marketing budget to attract at least some attention of the masses. The world of ICO markets is tough. This market today is a wild west: the one law in existence is that of self-interest, and for most the only shepherd is greed. Every single unit of traffic, every single lead is stretched until the limit by the other ICO projects that are simply too many for this narrow market. Add to this,one of the biggest surges in the aggregate capitalization of cryptocurrency markets that has squeezed the last fresh cash flows out of the ICO domain. The rapidly accelerating tendency of the investment public to invest less in ICOs than ever before seemed like a shining apex at…

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When the whole world is not enough! Discover the unique universe of UnicornGo

Source: Newsbtc.com

Just imagine! 450 million US dollars, that is how much NASA will spend for the launch of its Discovery Program. But that would still not fulfill the dream of space travel for Earth’s citizens. Thankfully, we live in an age of high technology, when every smartphone user can suddenly find themselves in the new blockchain universe UnicornGo. Galaxy guardians Here it is. The Promised Land, where fulfillment, abundance and happiness reign. Animals of unprecedented beauty stroll here. Online collectibles game UnicornGo is an invitation to a different blockchain dimension, the main inhabitants of which are unicorns. Today, earthlings can not only find themselves on another planet at the a click of a button, but can also adopt their very own fantasy pet. These surprisingly cute, mythical creatures with the owner’s request can breed offspring, play and enjoy the gifts of…

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Bitcoin Market Dominance Rises, Transaction Fees Fall

Bitcoin Market Dominance Rises, Transaction Fees Fall
Source: Newsbtc.com

The ratio of Bitcoin’s market dominance compared to all other digital currencies has generally getting smaller since early 2017. This period can be considered the ‘big bang’ for cryptocurrencies, when they literally all exploded onto the scene and inflated into the virtual universe. Over the past week however Bitcoin’s dominance has picked up and its transaction fees have fallen. Over the first half of 2017 Bitcoin’s market share plummeted from almost 90% to around 37%. This was largely at the expense of Ethereum which skyrocketed in price from around $10 to over $400 during the same period. Other altcoins such as Ripple’s XRP also chomped away at the Bitcoin behemoth as the crypto train gathered momentum. The latter half of 2017 saw Bitcoin steadily rise back up to a high of 64% market dominance in early December as traders soon…

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Digix Dev Update — Feb 13th 2018, Audit Fixes, Kovan Deployment, UIUX Testing for Marketplace and…

Source: Blog - Digix

Digix Dev Update — Feb 13th 2018, Audit Fixes, Kovan Deployment, UIUX Testing for Marketplace and PoA, CryptoKittiesTech Development — Final audit reportAs mentioned in our previous dev update, we have attached the final audit report provided by our security auditors as well as the responses and fixes that we have worked on the past two weeks.Audit Report linkhttps://drive.google.com/file/d/1jwO3Ilp-5zl5hU0mWlGclXF6xJ60Klg-/view?usp=sharingResponses and Fixeshttps://drive.google.com/file/d/1gB8Hvf1uSqJMUkMkCEF6VUChJuao18gL/view?usp=sharingAll DGX 2.0 contracts have therefore now been deployed onto the Kovan Testnet.You may visit https://digixdev.com/marketplace/ for a trial of our soon to be launched Digix Marketplace as well. For those who already signed up for the demo previously, there are no significant changes apart from having the UI interface with the newly deployed contracts on Kovan.What we are busy with until the launch of DGX 2.0 in Q1 2018?End user and operational testing of Proof of Asset Protocol (PoA) and MarketplaceDigix is a hybrid company that has an operational team…

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Digix FAQ

Source: Blog - Digix

The recent surge in interest in Ethereum and Digix has been overwhelming and we would like to redirect any supporters of Digix to official sources of information so as to be better informed of our developmental progress. This represents a great opportunity for us to provide useful links and resources so that a newcomer can easily learn about what Digix has to offer to the ethereum ecosystem.Once again, we are always very humbled and thankful for your support.What are Digix Gold Tokens (DGX)?1 DGX represent 1 gram of physical Gold bullion that are stored in the vaults here in Singapore, via Safehouse. More information about how DGX is created can be found in the original whitepaper that we have published here. (please note that some details may have changed in the ensuing developmental period)As some public coverage may have mistaken DGD for…

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Partnership Announcement: MakerDAO and Digix: DGX gold tokens to play a crucial role in the DAI…

Source: Blog - Digix

Partnership Announcement: MakerDAO and Digix: DGX gold tokens to play a crucial role in the DAI stablecoin31 Jan 2018 — MakerDAO and Digix are proud to announce a partnership that combines the best of both projects to deliver the ultimate stablecoin to the blockchain ecosystem: the Dai Stablecoin backed by Digix Gold tokens (DGX) as collateral.Cryptocurrency and blockchain technology has long been seen as the next big technological breakthrough, but in the almost 10 years since Bitcoin’s creation the promise of p2p digital cash has been held back by one big drawback: the high market volatility of cryptocurrencies.Dai and DGX are the leading solution to this problem, with both taking a different but complementary approach. Dai uses a fully decentralized system of smart contracts to create a decentralized stablecoin that is pegged to 1 USD and backed by diversified collateral on-chain, making…

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Digix Dev Update — 30th Jan 2018 Final Audit, Deployment to Kovan, Republic Protocol, Presentations…

Source: Blog - Digix

Digix Dev Update — 30th Jan 2018 Final Audit, Deployment to Kovan, Republic Protocol, Presentations and MeetupsTech DevelopmentFinal Draft Audit Report DeliveredThe final draft audit report has been delivered by our smart contract security auditors. Our devs have already began looking at the issues identified and will be fixing them in the interim. The report together with our responses, would be published as we did similarly in our last developmental update.We remain confident of launching DGX 2.0 in Q1 2018.Deployment of contracts onto KovanWe would be deploying our full suite of smart contracts for DGX 2.0 onto the Kovan Public test net this week once the bugs highlighted in the audit report are addressed.Business DevelopmentPartnerships: Republic Protocol and DigixWe recently announced a partnership with Republic Protocol. Republic Protocol is creating a decentralised dark pool exchange for cross-chain atomic trading, with bitcoin (BTC), ether (ETH) and ERC-20…

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TenX Community Rocket Chat

Source: Blog - Tenx-wallet

You must be wondering, why are we switching chat community platforms again? Well, it was a Riot at first but we’ve had time to re-evaluate the requirements of our community and we’ve been listening to a lot of your feedback. Also party parrots. I mean come on, who doesn’t miss these guys?If you’ve been on Riot already, you’ll come to see that Rocket has many of the features and more that you’ve come to appreciate, along with the safety and full control that Slack was lacking. We think you’ll like it and find it a simpler experience, perhaps closer to what you’re familiar with in terms of chat apps. We’ll still have Riot on until the end of January and will shut it down as Rocket will become the primary chat platform for TenX.You can join the Rocket server here directly from…

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Transcript of Jan 9, 2018 — TenX Q&A Livestream: Token structure, Wavecrest, Banking Licence

Source: Blog - Tenx-wallet

https://medium.com/media/9b4995dd847ed6602a9e342244bee779/hrefBelow is a transcript of the above YouTube Q&A livestream with questions taken from this Reddit thread.We’re gonna talk about WaveCrest, we’re going to talk about banking license and more.I think you deserve the answers to your questionsWe have a lot of people here today, we have our entire support team here, helping me out. Nothing would be possible without Mike, Brendon, Steven, Bettina and more.While you are coming in, I’m going to announce something that I will repeat later on. We have a number of meetups planned for this month. We are going to have a couple of them in Germany, in German. You can find them on the facebook groups, on our websites. It’s going to be in Frankfurt on the 15th of January, Switzerland on the 16th, Munich on the 20th, Singapore in the office on the 25th, and Paris…

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Some TenX PAY Token Clarifications After Statements By SEC

Source: Blog - Tenx-wallet

We would like to follow up on our previous blog post published on 5 December 2017 and address potential questions you may have with respect to the recent statement made by the Chairman of the SEC and the press release issued by the SEC on 11 December 2017.Our position has not changed — we view PAY token holders as potential customers of the services of the TenX platform, which is why it would be great if PAY tokens could be obtained from multiple crypto exchanges and reach more potential customers. At the same time, we would like to clarify that we cannot provide any assurance that PAY tokens have any potential to be listed or traded on any particular crypto exchange or secondary market because the decisions to list, or make available for trading, any digital asset are taken by crypto exchanges and…

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TenX update 5th Jan 2018: WaveCrest, Outlook 2018, New Currencies, Special Cards…

Source: Blog - Tenx-wallet

https://medium.com/media/a96ac2e81891f683b091d69e62c336ea/hrefSummary on WaveCrest card situationFor those of you who have the card now, which is no longer working, we are going to send you a replacement. This does not affect our partnership with our new issuer. Most of you already know that we are in the process of going live with our new issuer. For us, WaveCrest was always seen as an intermediary step, we always wanted to transition everyone over to our new card issuer.We asked our new card issuer about this and asked if this was a general issue or one that was specific to WaveCrest. It was very clear that this was a very specific issue to WaveCrest. None of the other roadmaps will be affected. This is something that is key to our success as a company.We will announce further details as to the process on how to…

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TenX Q&A Livestream and transcript — 21 Nov, 2017

Source: Blog - Tenx-wallet

https://medium.com/media/15cf9dcf6f55150d779d15ecb9c93b24/hrefBelow is a transcript of the above YouTube Q&A livestream with questions taken from this Reddit thread.Wonderful Tuesday to everyone, no matter where you are from.We have had a lot of progress in the last couple of days and weeks, and it is always great to be here with you.Tell me where you guys are from, I always like to see where everyone is from.Let’s give people some time to come in. I want to give you guys a tour of our new office, we had our office party on Friday, and have been here for about 2 weeks.As always, there will be some insights from my side, stuff that has been have been happening in the past two weeks. We are going to go through the questions from reddit, and then the questions in the chat.Thanks for being here, please interact with us, but please…

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TenX Q&A Livestream and transcript — Nov 7, 2017

Source: Blog - Tenx-wallet

https://medium.com/media/d48a4a2d4b2db37e4232ce4eadb1de73/hrefBelow is a transcript of the above YouTube Q&A livestream with questions taken from this Reddit thread.For those of you that are part of this for the very first time, how it works is that we do this Q&A twice a month, every two weeks.I’m one of the co-founders of TenX, and I try to summarise everything that is happening here and answer all of your questions.How we do this is that we have a reddit thread that people can upvote or downvote.Then we pick around 10–15 of the most upvoted questions depending on the time available. At the same time, we also pick questions out of the chat. This allows us to be informative while letting everyone enjoy themselves.02:05 Banking License Many of you have noticed that I’ve been travelling for the past week.I just came back, and you wanted to know…

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Merry TenXmas

Source: Blog - Tenx-wallet

From all of us here at TenX, we want to wish our amazing community a Merry Christmas, happy holidays, and an epic new year.We have many exciting updates planned for next year. Our ultimate goal at TenX is to reinvent payments, and with your continued support there is no doubt we can pull this off. Here’s a few things to look out for in 2018:Roll-out of cards to more countries around the worldArrival of Founders’ and Limited Edition cardsUpdates on the COMIT networkMarketing — lots and lots of marketingMultiple new asset wallet integrationsMany more unannounced features — we think you’ll LOVE the ideas we’ve been brewing upTo finish 2017 with a bang, we wanted to gift you all with something that we have been working long and hard on since before our token sale. As of today, we will begin to roll out Ethereum for all users!This is a major update…

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Introducing a gate between the EURO and the Ardor ecosystem to allow companies to adopt the blockchain technology without friction

Source: Blog - nxt.org

The Ardor ecosystem makes one step further to the implementation of the Blockchain technology for small and medium companies. Jelurida, has partnered with Ardorgate to deliver an Ardor based Euro pegged child chain token named AEUR. The new AEUR token provides quick and simple entry point into the crypto world using Euro. Each AEUR token will always equal exactly 1€ and this is guaranteed and backed by by Ardorgate, which has partnered with MISTERTANGO bank as the payment processor. Using the AEUR token users can trade assets on the Ardor platform and easily exchange into ARDR or child chain coin/token. “I decided to start this project because I see huge potential on eliminating additional steps, when people exchange crypto to fiat, sell items for crypto, doing ICO, etc. Thanks to Ardorgate many use cases will become available making them faster and…

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The Cryptum ICO is Now Open Funding the First Crypto Mining Board Game

The Cryptum ICO is Now Open Funding the First Crypto Mining Board Game

Last month we have shared some information about an interesting new crypto crowdfunding campaign coming soon with the ultimate goal to fund the The First Crypto Mining Board Game. Today the Cryptum ICO has officially started and will take place in the next 30 days (Stage 1) distributing up to 1 Million CRTM tokens to users that decide to support the project with ETH or BTC. Any remaining tokens that are not distributed during the first stage plus an extra 100 thousands will be available for distribution in the second stage of the funding and you will be able to participate with multiple different altcoins. More details about the parameters of the Cryptum ICO are available here, but do note that the first 24 hours of the crowdsale there is a 16% bonus available, then the next 4 days it…

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JSEcoin – Javascript Embeded Cryptocurrency for Webmasters

JSEcoin – Javascript Embeded Cryptocurrency for Webmasters

It seems that there is an interesting new cryptocurrency called JSEcoin that is targeted at offering webmasters a different way to monetizing their website traffic. Essentially allowing visitors to the website to mine the cryptocurrency with the help of small piece of javascript code embedded on the blog or website. The algorithm is not very heavy or demanding and the mining process itself does not seem to be taking too much CPU resources (it is CPU only), so the computer remains responsive and working just fine as if it is not calculating anything. This is making it pretty interesting for owners of big websites with more visitors, especially visitors that stay longer, but also makes it easy for regular users that are not yet into cryptocurrencies to actually get into mining this new cryptocoin as it only requires you to…

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BitMain Apparently Releasing 8x GPU AMD and Nvidia Miners in China

BitMain Apparently Releasing 8x GPU AMD and Nvidia Miners in China

It seems that BitMain is willing to extend its presence from just the ASIC mining market as the company is apparently releasing two new devices for miners that are essentially dedicated GPU miners. For now the devices dubbed G1 with 8x GeForce GTX 1060 GPUs and G2 with 8x Radeon RX570 GPUs are only listed on the Chinese website of the company with prices only in CNY. This means that they are most likely targeted initially for the Chinese miners market and may not be sold outside of the country. Inside the server like cases we are expecting to see mining versions of the GPUs being used as this is the way to go with such solutions intended for large scale mining operations and not for small home miners. As one would expect the devices are targeted at Ethereum (ETH)…

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BaikalMiner Baikal Giant X10 ASIC Miner Coming Soon

BaikalMiner Baikal Giant X10 ASIC Miner Coming Soon

It seems that BaikalMiner also wants to join in the recent wave of new and much faster second generation X11 ASIC miners with their Baikal Giant X10 that was just announced on their twitter account (still not on the official website). The device is supposedly going to offer 10 GHS hashrate for X11 (DASH) at 800W of power usage as well as Quark and Qubit algorithms initially with lower power usage. Support for X13, X14 and X15 is not available on this device, but there is a mention of a future update that will add 4 new algorithms. The miner will supposedly be available at a price of $1188 USD with deliveries starting by the end of October. It is certainly not the fastest, but pricing does seem pretty reasonable for what you get in terms of hashrate and the…

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Gigabyte GA-H110-D3A 6x PCI-E GPU Mining Motherboard

Gigabyte GA-H110-D3A 6x PCI-E GPU Mining Motherboard

The chances are not many of you have heard about the Gigabyte GA-H110-D3A motherboard that is intended for 6x GPU mining rigs and the reason for that is probably the fact that Gigabyte hasn’t been promoting this product much as a mining motherboard. Gigabyte is a bit late on the GPU mining front with a motherboard designed for mining rigs with the GA-H110-D3A, even though the motherboard comes with up to date specs. That however does not mean that the company hasn’t been offering other higher-end products that are good to go for use for crypto mining, there are quite a few of these already and we have been using some of the models ourselves. The GA-H110-D3A however is still new for us and we are going to be giving it a try and sharing our experience with the motherboard…

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Russia Faces Internal Battle Over Bitcoin – Forbes

Forbes Russia Faces Internal Battle Over BitcoinForbesThe Finance Ministry said recently that it wants to allow for bitcoin and other digital currencies to be traded on the Moscow Stock Exchange (MOEX), opening up the market to qualified investors as early as next year. Qualified investors are required to … Original Source

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Regulators Approve First Bitcoin Fund Manager

The British Columbia Securities Commission (BCSC) has approved First Block Capital Inc.’s first Bitcoin registration. The Vancouver-based financial institution aims to be a registered fund manager and a market dealer to duly operate and circulate a Bitcoin investment fund in Ontario, Canada and British Columbia. Canada has been consistently one of the few countries that embrace Blockchain and its potentials. While other countries threaten to brand ICOs and cryptocurrencies as illegal, Canada has been exploring other possible ways to best regulate and embrace other potential use cases of the technology to improve its public services. Cryptocurrency investments welcome in Canada According to Zach Masum, manager of legal services, capital markets regulation, and leader of the BCSC Tech Team, the cryptocurrency investments are gaining attention in Canada as it is new and a novel form of investing in the country. Moreover,…

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Cryptocurrency Agnosticism and a Vision for Privacy

Which cryptocurrency is the best? That’s a heated question to ask and an impossible one to answer. Particl, an ecommerce blockchain startup, wants to free users from having to answer that question. The project is building a cryptocurrency-agnostic ecommerce platform, where users can buy and sell using the coin of their choice. Here’s how Particl’s platform will work and why its cryptocurrency-agnostic approach is so innovative. Defining Cryptocurrency Agnosticism A cryptocurrency-agnostic platform is just what it sounds like. It means that the platform has the ability to support all cryptocurrencies, without preference for any particular one. On Particl’s platform, you can buy with Bitcoin. You can buy with Ethereum. And you can buy with PART, the native utility token on Particl – regardless, every cryptocurrency used for buying on the Market is treated equal. Buyers can even use different coins…

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Bitcoin’s price tanks after report China plans further crackdown

Philippe Lopez | AFP | Getty Images A man walks out of a shop displaying a bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong on February 28, 2014. The price of bitcoin fell sharply after a report China’s regulators are planning a further crackdown on the digital currency. Local outlet Caixin is reporting the Asian country is planning to shut down local bitcoin exchanges, according to a Google translation. Bitcoin’s price fell 7 percent Friday following the news, according to Coindesk market data. Earlier in the week on Monday, Chinese regulators announced a ban on organizations from raising funds using initial coin offerings (ICOs), which sparked a $200 decline in the price of bitcoin. Original Source

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Will Gold Make You 25,000% Richer Like Bitcoin?

Gold has always been considered a safe haven asset. Now Bitcoin is appearing to exhibit gold-like properties. Will Bitcoin replace gold as the new safe haven asset? Anti Danilevski, CEO of KICKICO, a Russian blockchain platform for initial coin offerings, explains that during financial difficulties, Bitcoin has already been performing in analogous ways to gold — representing a calm harbor for investors. “During the last year S&P 500 index was decreased, gold (GLD) increased by 14.4%, whereas Bitcoin increased by 74.9%,” Danilevski said. “During the last five years, S&P 500 increased by 68.8%, gold decreased by 26.5%, whilst bitcoin grew by an impressive 24.9%.” Danilevski believes cryptocurrency is not only a good backup plan, but compared to gold, it grows considerably more in its price with a growing market. Taking into consideration the recent events such as the clash between…

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Cryptocurrency Market Cap Climbs Over $150 Billion

The past week has been a prime illustration of the way in which the cryptocurrency can move up and down both very quickly and by large margins. Last weekend, nearly all of the top digital currencies fell precipitously in value, some declining by as much as 50% in price over a span of just 24 to 48 hours. According to Coin Desk, the industry fell by about 25% overall during that time, and the fall started just after digital currencies had reached an all-time high. The quick sell-off had some analysts wondering if this was the beginning of a crash. And yet, just a few days later, the industry has regained much of that lost ground, growing by about $150 billion to reclaim some of the value which was lost. 17% Regained by Wednesday After the drop of about 25%,…

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Howard Marks Issues a Mea Culpa on Bitcoin, But He’s Still Not Investing

Billionaire investor Howard Marks, who ignited a fierce backlash from cryptocurrency advocates after dubbing bitcoin a “fad” in July, has a had change of heart. Well, sort of. Photographer: Christopher Goodney/Bloomberg Bitcoin, in fact, boasts a key attribute that may spur the digital method of exchange to serve as an alternative to legal tenders and as a store of value in the years to come: the simple fact that people believe in it. “What bitcoin partisans have told me subsequently is that bitcoin should be thought of as a currency — a medium of exchange — not an investment asset,” the Oaktree Capital Group LLC co-chairman wrote in a client memo Thursday. There’s no obvious reason why government-issued fiat currencies are superior to digital currencies, he adds. “So my initial bottom line is that I see no reason why bitcoin…

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Bitcoin Regulation: A Necessary Evil

Bitcoin Regulation: A Necessary Evil | Investopedia‘; String.prototype.replaceAll = function (find, replace) { return this.replace(new RegExp(find, ‘g’), replace); } if (user_info) { user_menu = user_menu.replaceAll(‘{name}’, user_info.name); $(‘.menu.member .menu-items’).html(user_menu); $(‘#headerNL’).attr(“href”, “/accounts/subscriptions/?id=” + user_info.uid); } $(‘header .menu-header’).on(‘click’, function(e) { if ($(‘#state-indicator’).css(‘z-index’) 0) { from = $(‘input[name=”SearchValue”]’).attr(‘data-from’); window.location = ‘/search/default.aspx?q=’ + searchString + ( from ? ‘&from=’ + from : ”); } } Investopedia does not provide tax, investment, or financial services. The information available through Investopedia’s Advisor Insights service is provided by third parties and solely for informational purposes on an “as is” basis at user’s sole risk. The information is not meant to be, and should not be construed as advice or used for investment purposes. Investopedia makes no guarantees as to the accurateness, quality, or completeness of the information and Investopedia shall not be responsible or liable for any errors,…

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Bitcoin: When Fear Is Good – Winklevoss Bitcoin Trust ETF (Pending:COIN)

There isn’t enough fear of Bitcoin (BTC). Released to the world in 2009, Bitcoin is an open-source form of crypto-currency. It was designed to be a trustworthy means of exchanging value with no need to rely on government or other central repositories. Indeed, many of its earliest (and most vocal) backers are very distrustful of government and very interested in all aspects of privacy. Blockchain, the digital ledger tech underlying Bitcoin, is very interesting and has a lot of the major players in business and finance looking to use it for various applications. Year-to-date BTC has seen a meteoric rise catching the eye of many an investor and the public in general. ^NYB data by YCharts Recently, my brother’s father-in-law came to me and asked if he should invest in Bitcoin. Such has been the fervor around Bitcoin that even…

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ICO launch, crowdsale marketing, legislation – these and other topics to be covered by ICO Event Moscow speakers

ICO launch, crowdsale marketing, legislation – these and other topics to be covered by ICO Event Moscow speakers

September 20, the Russian capital will host ICO Event Moscow, an event dedicated to cryptocurrency crowdsale. Leading Russian and foreign experts will tell how to launch ICO, consider legal aspects of crowdsale and discuss market trends. ICO event Moscow is a kind of a “spin-off” of Blockchain & Bitcoin Conference, the largest network of events in the CIS dedicated to blockchain and cryptocurrencies. How to start ICO for a startup? What to do in order not to stall after crowdsale? How to invest in tokens? These and other questions will be answered by the speakers of ICO event Moscow. Christophe David is a representative of the European crypto community, Chief Financial Officer at DomRaider. Basing on 20 years of experience in managing various companies, the speaker will cover legal aspects of preparing for ICO in Europe. The report will be…

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DECENT Expands Offices To New York City

DECENT Expands Offices To New York City

The Swiss company DECENT, known for producing a digital content distribution platform based on their own adaptation of blockchain technology, is hiring employees from around the globe and increasing their reach with new offices popping up at a number of locations in recent months. Their latest plans are to expand to New York City. DECENT launched its digital content distribution platform only in June of this year. Since then their number of employees has grown by 20%, and with this rapid increase in size, they are looking to broaden their reach to new strategic locations in different countries. After Slovakia, Switzerland, Armenia and two locations in China, the New York office will be the sixth place of company operations. They believe that adding a global dimension to their company will appeal to potential new members of their team and draw in additional interests from their growing community of followers. “I…

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