Former US Regulator Wants to Label XRP and Ether as Securities

Former US Regulator Wants to Label XRP and Ether as Securities
Source: Themerkle.com

It has become more than apparent that regulators will continue to focus their attention on the cryptocurrency industry for quite some time to come. Gary Gensler, a former regulator in the Obama administration, has made some very interesting comments. In his opinion, both Ethereum and XRP were issued and traded in violation of American securities regulations. It seems doubtful there will ever be evidence to back up such claims.   Another Attempt to Disrupt Cryptocurrency’s Momentum Most cryptocurrency enthusiasts are all too aware that regulators often try to disrupt positive momentum in the cryptocurrency industry. Every time the Bitcoin price goes up after a rough period, some form of regulatory news will pop up out of nowhere to scare off potential investors. We have seen this cycle repeat itself multiple times over, with China issuing new guidelines, banks cracking down on exchanges, and so forth….

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Facebook to Be Sued for Defamation Related to Scammy Bitcoin Ads

Facebook to Be Sued for Defamation Related to Scammy Bitcoin Ads
Source: Bitcoin.com

In what is being referred to as a “groundbreaking lawsuit”, United Kingdom financial guru Martin Lewis is taking aim at Facebook’s lack of vigilance with regard to fake accounts. Mr. Lewis claims his likeness and reputation were used in multiple fraudulent instances, peddling mostly investment advice for assets such as bitcoin. Also read: James Bond-Like Villain in $2 Million Bitcoin Heist Caught in Amsterdam Facebook to Be Sued for Defamatory Bitcoin Ads “I will issue High Court proceedings against Facebook,” the popular UK financial advisor posted in lieu of his regular column, “to try and stop all the disgusting repeated fake adverts from scammers it refuses to stop publishing with my picture, name and reputation.” Mr. Lewis is proprietor of a consumer finance site and host of Independent Television’s (ITV) The Martin Lewis Money Show. “Within the last year,” a press…

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Video Digest, April 25: Central Bank of Iran Bans Cryptocurrency Dealings, Bitcoin Price Finally Hits $9,000, Russia to Put More Regulations on Cryptocurrency Market, Amazon to Enter the World’s Cryptocurrency Market

Video Digest, April 25: Central Bank of Iran Bans Cryptocurrency Dealings, Bitcoin Price Finally Hits $9,000, Russia to Put More Regulations on Cryptocurrency Market, Amazon to Enter the World’s Cryptocurrency Market
Source: Coinidol.com

Apr 25, 2018 at 15:47 // News Welcome to Coin Idol TV News channel. Today we are featuring the most interesting news or the cryptocurrency world. The burning topics are: Central Bank of Iran bans cryptocurrency dealings, bitcoin price finally hits $9,000, Russia to put more regulations on cryptocurrency market, namely ICOs, Amazon to enter the world’s cryptocurrency market by implementing blockchain. [embedded content] The Central Bank of Iran (CBI) has put a ban on the country’s banks from offering services to all cryptocurrency exchange firms due to money laundering concerns in the country. The Islamic Republic News agency (IRNA) on Sunday reported that the CBI’s Supreme Committee, in charge of curbing money laundering and stopping capital flight in Iran, issued a circular disallowing banks and other financial institutions from carrying out transactions that enable buying, promoting and selling cryptocurrencies….

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55 Percent Against Ethereum’s Parity Wallet from Returning “Locked-Up” Ether

55 Percent Against Ethereum’s Parity Wallet from Returning “Locked-Up” Ether
Source: Btcmanager.com

After a single buggy smart contract in the Parity Ethereum wallet locked-up 600,000 ETH in November 2017, the ongoing GitHub debate raised in the Ethereum Improvement Proposal (EIP) 999 is heating up. Smart Contracts Not Completely Bug-Free The wallet was infiltrated “accidentally” by GitHub user ‘devops199,’ who found out that a bug in the smart contract could be exploited to gain complete ownership of all underlying contracts. Ironically, the bug was caused by Parity’s multiple signatory code – which was supposed to increase security. To combat this, an EIP-999 was raised to discuss a potential update that would “patch” the faulty smart contract and allow users to gain access to their ‘locked’ ETH. At the time of writing, the locked ETH equates to a staggering $418 million. And since every decision on open-source projects needs to be publicly approved, the…

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The Pillar Project Adds Token Camp, Stellar Lineup to Summer Unconference

The Pillar Project Adds Token Camp, Stellar Lineup to Summer Unconference
Source: Bit-media.org

The Zug-based nonprofit building the world’s most advanced cryptocurrency and token wallet announce exciting additions to its summer unconference. London, United Kingdom – April 25th, 2018 – The Pillar Project, a Swiss non-profit foundation building the innovative Pillar smart wallet for cryptocurrencies and tokens, announces several exciting additions to its unconference in Vilnius, Lithuania, from July 15th – 22nd, 2018.     The Pillar unconference is an unstructured, crowd-sourced event for entrepreneurs, technologists, the Pillar community, and those interested in learning more about cryptocurrencies, blockchain, and decentralized technologies.   Famed technologist Vinay Gupta, one of the original members of the Ethereum Foundation, Lex Sokolin, Global Director of Fintech Strategy and Partner at Autonomous Research, as well as YouTube celebrity Jsnip4, will join the lineup of speakers expected to attract more than 500 blockchainers to the Lithuanian capital.     Sokolin, an…

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Fundstrat Survey Shows Institutional Investors Are Confident Bitcoin has Bottomed Out

Fundstrat Survey Shows Institutional Investors Are Confident Bitcoin has Bottomed Out
Source: Livebitcoinnews.com

The positive momentum among cryptocurrency enthusiasts should not be overlooked whatsoever.  In fact, it seems most experts are convinced the bearish trend for 2018 has come to a full step. Even institutional investors appear to be thinking along the same lines, which is a bit surprising. If Bitcoin has indeed bottomed, things will get rather interesting from here on out. It is difficult to say how the Bitcoin price will evolve. Everyone has a different take on the world’s leading cryptocurrency. With short-term bearish pressure forming right now, anything is possible. Even so, institutional investors remain confident things will get better from here on out. A survey shared by Fundstrat’s Thomas Lee paints a very interesting picture in this regard. Institutional Investors Turn Bullish on Bitcoin The Fundstrat survey shows how most investors consider the Bitcoin price bottom to be…

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Connecting People Worldwide with Avatar-Based Platform that Makes Omnipresence a Reality

Connecting People Worldwide with Avatar-Based Platform that Makes Omnipresence a Reality
Source: Themerkle.com

Advanced technologies like artificial intelligence (AI) and virtual reality (VR) are struggling to provide unparalleled user experiences. Live streaming videos, VR games, and tele-tourism are gaining popularity, providing the average consumer with new ways of interaction and connection to the outside world. However, people don’t want to live in a virtual space; they want to enjoy real-life experiences and benefit from deeper connections to satisfy their needs. Disclosure: This is a Sponsored Article With the help of modern mobile technologies, telepresence platform Ubiatar has turned to Blockchain technology to develop UbiatarPlay, a new project that will take tele-tourism to the next level. The Ubiatar service already has the technology, software, and apps to help UbiatarPlay gain recognition. With over 1,000 active users, and currently available on the Android and iOS marketplace, Ubiatar puts ubiquity into the hands of the people….

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5 Reasons to Invest in Paymon

5 Reasons to Invest in Paymon
Source: Coinidol.com

Apr 25, 2018 at 15:15 // News Paymon is an IT-company devoted to improving blockchain technologies. After the first round of ICO on March 5, the startup took up developing its own blockchain and cryptocurrency: PMNC (Paymon Coin). At the moment, Paymon is conducting the second round of ICO that ends on May 3. So, here are 5 reasons why it is worth investing in this project. 1. The Team is Open, Innovative & Dynamic The Paymon team is young, ambitious and open to its investors and users. These students from Russia came together not for ICO, but for the project. They’ve been working together as a team for two years, and it’s easy to get to know them personally. They take part in blockchain-conferences, and aren’t afraid to show their faces and names on social media. It’s easy to…

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KittyRace Lets CryptoKitties Race One Another on the Blockchain

KittyRace Lets CryptoKitties Race One Another on the Blockchain
Source: Themerkle.com

It was only a matter of time until we saw some further developments in the CryptoKitties department. That particular project has raised a lot of money and attention over the past few months. KittyRace aims to build further on this concept by letting owners of CryptoKitties race their cats against one another. Whether or not there will be much of an interest in doing so is a different matter altogether. KittyRace Also Welcomes Spectators It is quite interesting to see how KittyRace aims to make an impact on the blockchain asset space. More specifically, the project takes a page out of the book of CryptoKitties and goes one step further. More specifically, this new platform lets owners of CryptoKitties race their assets against one another. While no one has asked for such a service, it is still pretty interesting to keep an…

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82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds

82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds
Source: Bitcoinist.com

Fundstrat Global Advisors cofounder Tom Lee has revealed traditional finance strongly favors cryptocurrency after a personal survey convinced him “big money” will soon enter the market. Lee: Results Are ‘Leading Indicator’ For Crypto Capital Influx Uploading the results of a questionnaire he delivered to invitees of a small gathering April 23, Lee, who is famous for his positive Bitcoin price outlook, said the “small group” of institutional investors “believe BTC has bottomed.” Attending were a crypto and traditional macro hedge funds, players Lee described as “long-only.” “We see this as a leading indicator for inflows of big money into Crypto,” he commented. Among the feedback from the funds was a 60/40 split against John McAfee’s prediction Bitcoin will hit $1 million by the end of 2020, while the most popular price zone for the end of this year was between…

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Sensor Data Exchange Platform DataBroker DAO Announces Worldwide Roadshow Dates

Sensor Data Exchange Platform DataBroker DAO Announces Worldwide Roadshow Dates
Source: Bitcoinprbuzz.com

Bitcoin Press Release: Global marketplace for selling and buying sensor data, DataBroker DAO, has announced a set of dates where it will taking part in different summits and conferences, meetings, and appearances to interact with the public. 25th April, 2018: DataBroker DAO, a decentralized platform that enables individuals and organizations to sell and buy sensor data for research and analysis, has announced a list of dates for its globe trotting roadshow, starting April 16th. Modern technology has seen an explosion of different sensor devices being in our daily lives. DataBroker DAO plans to allow owners of these devices to sell their data to buyers, unlocking a largely untapped market. Researchers and organizations have a tough time looking for data from users, often buying it at a hefty premium from big data companies. The source and ethical collection of data is…

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Bonpay Moves Beyond Bitcoin Wallet to Become a Cryptocurrency Payment Platform

Bonpay Moves Beyond Bitcoin Wallet to Become a Cryptocurrency Payment Platform
Source: Bitcoinprbuzz.com

Bitcoin Press Release:  Last year Bonpay launched a simple and secure crypto wallet that quickly found its niche on the market. At that time Bonpay was a start-up, run by a small team of enthusiasts who wanted to make using cryptocurrency easy and simple. But we believed that we could become something more and needed funding to prove it. Since Bonpay Wallet will always be free, we decided to crowdsource the money. April 25, 2018, London –  In late October 2017 BonPay launched their token sale and gathered more than 10 000 000 USD to create a full-fledged cryptocurrency payment system. Now Bonpay are ready to report on how they are putting the money to good use. New features and updates Mobile version. While IOS and Android apps are in the pipeline, at Bonpay they understand that not everyone wants…

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Indian Central Bank Challenged in High Court over “Unconstitutional” Crypto Regulation

Source: Btcmanager.com

The High Court of Delhi has sought a response from the Central Government of India over a statement issued by the Reserve Bank Of India on April 6, 2018. Amidst other restrictions, it barred banks and other financial institutions across the country from providing any banking services to companies involved in dealing with cryptocurrencies. The High Court also directed the GST Council and RBI to present their argument by the date of the next hearing. A Petition Challenging RBI Circular Ahmedabad based Kali Digital Ecosystems Private Limited had first filed a writ petition on April 16, 2018, arguing that the RBI regulation was a violation of articles 19(1)(g) and 14 of the Indian constitution. Kali Digital Ecosystems operates a multi cryptocurrency exchange. Kali Digital Ecosystems has reportedly hired the legal firm Khaitan and Co. as its legal council. The petitioners…

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Exploring Papyrus Technological Infrastructure

Exploring Papyrus Technological Infrastructure
Source: Coinidol.com

Apr 25, 2018 at 14:36 // News Over the past couple of years, Blockchain technology has quickly risen to mainstream prominence and it is believed that it will shake up and disrupt various industries such as Banking, Energy, Music, VR/AR, Health Care and several others. However, one of the industries that is most in need of a blockchain intervention is Digital Advertising. Traditional Digital Advertising has established a notorious image for itself — one that is characterized by a lack of infrastructure to curb fraudulent practices that prevent over 50% of ads from ever reaching the public, and internal inefficiencies that cost publishers approximately $51 million per day. The major issues being faced by digital advertising can be traced back to three sources — lack of transparency in the organizational structure, fraudulent activities, and a lack of privacy management. As…

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Bitnation’s Blockchain Jurisdiction is Released for Android and iOS

Bitnation’s Blockchain Jurisdiction is Released for Android and iOS
Source: Themerkle.com

After three years of market research and engineering, Bitnation’s long-awaited smartphone-based Blockchain jurisdiction has hit the Google Play and iOS stores. Over 15,000 citizens have already been registered in advance of release. Over 100 autonomous voluntary nations have already been created on the software, and over 450 had been registered in advance of release. Is this the beginning of a new era of peer-to-peer governance? Disclosure: This is a Sponsored Article Founded in 2014 by CEO Susanne Tarkowski Tempelhof, Bitnation is a team of 22 engineers and governance experts headquartered in Amsterdam. They won the prestigious UNESCO NetExplo Grand Prix in 2017 and now their goal is to create a configurable peer-to-peer jurisdiction that anyone can use anywhere from their smartphones — literally putting the law into everyone’s hands. The first version is available to download for Android from Google…

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Gemini Teams Up With Nasdaq to Monitor Market for Abusive Trading Practices

Gemini Teams Up With Nasdaq to Monitor Market for Abusive Trading Practices
Source: Livebitcoinnews.com

The bitcoin exchange created by Cameron and Tyler Winklevoss is teaming up with Nasdaq Inc., in a bid to boost defenses against bad actors. Under an agreement, the Gemini Exchange will use Nasdaq’s surveillance software, SMARTS, to monitor the market for abusive trading practices, the Wall Street Journal reports. Cameron Winklevoss, president and co-founder of Gemini, said in an interview that: We’re doing this because we believe in the importance of creating a rules-based marketplace. We believe this is where things are headed. News of the partnership comes at a time when global regulators are stepping up their efforts to look into the practice of how cryptocurrency exchanges operate. The U.S. Securities and Exchange Commission (SEC) is one agency that is taking a keen interest in the market. Last week, it issued a subpoena against Riot Blockchain, a company that changed…

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Electroneum Hard Fork Electronero Combines Features From Different CryptoNote Currencies

Electroneum Hard Fork Electronero Combines Features From Different CryptoNote Currencies
Source: Themerkle.com

When several weeks go by without a cryptocurrency hard fork, one would almost assume something is wrong. Luckily, that is not the case, and a new currency has been announced. Known as Electronero, this new altcoin is a hard fork of the Electroneum currency, which also borrows a lot of functionality from Monero. It’s an interesting mix of various features combined into a potentially powerful project. Under the Hood of Electronero Anyone who has paid attention to the cryptocurrency ecosystem will have noticed that not every currency provides privacy or anonymity features. In most cases, one has to look into CryptoNote currencies, all of which contain privacy and anonymity-oriented features. Monero is a pretty good example of how CryptoNote-based currencies are worth paying attention to. As such, it is not entirely surprising to see developers take an interest in hard forking existing CryptoNote…

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Two Big Crypto Startups Are Out to Build One Universal Wallet

Two Big Crypto Startups Are Out to Build One Universal Wallet
Source: Coindesk.com

If the future is to bring an endless variety of cryptocurrencies and tokens, the world will need a wallet that can hold them all. Now, two of the most prominent startups in the sector are teaming up to entice developers to build just that. Announced Wednesday, decentralized internet startup Blockstack (through its venture capital fund, the Blockstack Signature Fund) and exchange platform ShapeShift are jointly offering a $50,000 bounty to the team or developer that makes the best open-source “universal” crypto wallet. Contestants need to use Blockstack’s authentication, storage and encryption technology combined with ShapeShift’s API for token exchange. The goal is to build a wallet that supports almost any native token, even tokens that haven’t been created yet, before the deadline on June 29. Xan Ditkoff, head of growth and business development at Blockstack, explained: “We’re super early in this space….

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B21 Joins the DNA Fund Portfolio

Source: Coinspeaker.com

The DNA.Fund has expanded its portfolio of promising clients with the addition of cryptoasset portfolio manager B21. B21 is the world’s first personal wealth manager exclusively focused on cryptoassets. Their aim is to bring cryptoasset investing to the mass market, making investing in cryptoassets easy and available to everyone. The B21 team is  focused on building a community of global investors to drive growth and adoption of blockchain technologies. B21 is differentiating itself by developing a platform which makes the currently complex cryptoasset markets easily manageable over a smartphone application. B21 allows customers to invest in cryptoassets like Bitcoin, Ethereum and EOS as well as other altcoins using local fiat currency. The company are solving on ramping, user interface and trust issues by launching an easy to use, transparent and regulated service1 targeted at the general public. With the B21 application…

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Snoop Dogg to Perform at Ripple’s Invite-Only Blockchain Party in NYC

Source: Coinspeaker.com

Less than a month is left till XRP Community Night. The event is for invited guests only. But 10 users will have a chance to win a ticket. Ripple has announced that in the framework of Blockchain Week NYC in May they are going to hold their XRP Community Night featuring a live music performance by Snoop Dogg who has already shown his interest in cryptocurrencies. The event itself is aimed at celebration of the company’s hard work on developing its XRP token and ledger technology. In their blog post Ripple team described their VIP event the following way: “As special thanks to those who are building liquidity, validating transactions, developing on the XRP Ledger, looking to xRapid as a liquidity solution and sharing the good word about XRP’s many benefits, we’re hosting a special night.” The event is for invited guests…

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Bettium, Peer-to-Peer Blockchain Analytical Platform, Announces Token Sale

Bettium, Peer-to-Peer Blockchain Analytical Platform, Announces Token Sale
Source: Coinidol.com

Apr 25, 2018 at 13:49 // News Bettium has announced today the token sale to raise funds for its analytical blockchain platform for P2P betting, designed to combine the familiar features of online betting with unprecedented new capabilities, such as a built-in AI assistant, Big Data analytical tools and algorithmic betting. The platform will serve both amateurs and betting professionals in a unified ecosystem based on the blockchain with all its associated advantages: decentralization, reliability, transparency, scalability and unprecedented performance. “The online betting market is on the threshold of tectonic change. Blockchain will revolutionize the industry, significantly expanding the user base by ushering in new standards for functionality and reliability that will radically change the way individuals interact with each other. The Bettium platform will present a cleaner, more responsible alternative to the traditional bookmaker, fundamentally altering perceptions of sports…

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Chinese Authorities: We Have Successfully Shutdown all ICOs and Cryptocurrency Businesses in China

Source: Btcmanager.com

China declared total war on its local virtual currency environment by placing a blanket ban on initial coin offerings (ICOs) and cryptocurrencies such as bitcoin and other altcoins, late 2017. Now, the Chinese authorities have declared total victory, stating that all relevant businesses have indeed been crushed. A Close Watch on Fundraisers According to Reuters, major financial regulatory bodies in the Asian nation, including the Peoples Bank of China (PBOC), have pledged to keep a close watch on private lenders, securities firms and futures trading companies. These steps have been taken in a bid to crackdown on corrupt fundraising practices as well as ensuring firms are not charging investors exorbitant interest rates. China’s buckling down on the sector is no doubt related to the bad actors taking advantage of the decentralized and unregulated nature of the global digital currency space…

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Squeezer a Blockchain Development Platform Based on Microservices

Squeezer a Blockchain Development Platform Based on Microservices
Source: Themerkle.com

Nick Chisiu, former ConsenSys consultant announces his new company, Squeezer, is the world’s first platform in today’s blockchain industry to merge it with the power of microservices. After Nick stopped working as a blockchain consultant for ConsenSys, he coupled with a diverse portfolio of projects. Disclosure: This is a Sponsored Article In 2015, Nick created the Squeeze Framework, turning his vision into reality, merging microservices with the power of the blockchain. The Squeezer Framework is very popular among the cryptocurrency community, the Framework see’s an impressive 75,000 downloads per month globally. Blockchain popularity props up microservices application As blockchain popularity and market demand made Nick determined to further the development of the platform, Nick has come up with the unique idea of further developing Squeezer by upgrading the blockchain connector based on microservices, The sing unified blockchain connector will allow…

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DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

Source: Coinjournal.net

Decentralized Alternative Cabs Serving & Empowering Everyone (DACSEE), a ride-hailing platform built on blockchain technology targeting the Asian market, has launched its mobile application, debuting in Malaysia, the startup announced on Wednesday. DACSEE is now available for Android users in Malaysia. The iOS app will be available on April 27. The startup said the mobile […] The post DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia appeared first on Coinjournal.

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BaaSid Represents a 100% Decentralized Personal Information Network

Source: Coinspeaker.com

[embedded content] Nowadays reality dictates information to replace the most precious assets alike money and gold, eventually becoming the currency of the world that might be efficiently used to influence public perception. Where the merchants of the past century were obsessed over how to use television to beam ideal images of their goods into clients’ homes, today’s companies hope that big data will allow them to easily manipulate customers’ deepest hopes and fears. However, the approaches to collect needed data frequently step out of legal borders while these companies do not disdain to use malicious activities to reach their ultimate goals. Explicit example depicts the recent scandal over Cambridge Analytica that was accused of developing an app conceived to collect demographic data on tens of millions of Facebook users, largely without their knowledge and consent. The fallout of Cambridge Analytica…

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Analysts Predict Upcoming Bitcoin ‘Price Explosion’

Analysts Predict Upcoming Bitcoin ‘Price Explosion’
Source: Bitcoinist.com

Analysts seem to anticipate another Bitcoin “price explosion” that may even lead to its value surpassing the 2017 all-time highs. Positive price predictions are raining like cats and dogs as buy orders now comprise a major part of the market’s activity. At the time of press, April 25th, Bitcoin is trading at $9,385.69, marking a 1.63% increase in the last 24 hours alone. At the same time, buy orders comprise around 88% of the market’s activity, according to TurtleBC. Is History Repeating Itself? The substantial increase in the buy orders percentage is placing a lot of buying pressure on the cryptocurrency market in general. To put it in perspective, the last time the number was so high was back in March 2017. At that time, the price of one bitcoin was a little bit more than $1,000, and we all know…

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St. Louis Fed Sees no Point in Central Banks Creating Monopoly Cryptocurrencies

St. Louis Fed Sees no Point in Central Banks Creating Monopoly Cryptocurrencies
Source: Themerkle.com

In the world of cryptocurrency, there is a fair amount of competition as of right now. Until very recently, it seemed central banks would get in on the action as well, yet they have decided not to pursue this option any longer. A new report by the St. Louis Fed states that cryptocurrency developers are “welcome to create anonymous forms of money”. It’s a surprising line in an otherwise standard report. Anonymous Cryptocurrencies Get Positive Remarks Truth be told, the report by the St. Louis Fed is pretty interesting. It touches upon the concept of cryptocurrencies and how central banks should play no active role in this area. Various financial institutions have made it clear they will no longer pursue this avenue in the future, and it seems there is a very good reason for doing so. Decentralization of transaction handling is not…

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New Self-Regulatory Rules for Crypto Exchanges in South Korea Clarified

New Self-Regulatory Rules for Crypto Exchanges in South Korea Clarified
Source: Bitcoin.com

The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in charge of leading the efforts has clarified the differences between the new and old self-regulatory rules for its 23 exchange members. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Promoting Safe Crypto Trading Jeon Ha-jin’s interview.The Korean Blockchain Association, known for its efforts to spearhead self-regulation among the country’s cryptocurrency exchanges, has unveiled and clarified its self-regulatory rules. In an interview with Asia Economic TV on Tuesday, Jeon Ha-jin, chairman of the association’s self-regulatory committee, explained how the group and its exchange members are in the process of implementing self-regulation, adding that in the future: The role and responsibility of the blockchain association will be significant until a safe and sound cryptocurrency trading culture is formed….

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Power Ledger Hits Japan with Blockchain-Enabled Energy Trading

Source: Btcmanager.com

On April 24, 2018, Power Ledger announced a pivotal partnership with Japanese electricity firm Kansai Electric Power Co. (KEPCO). Green Innovation The Australia-based startup is on a mission to disrupt the energy sector with blockchain technology. The platform provides peer-to-peer renewable energy trading — giving residential and commercial businesses a mechanism that allows them to decide who they want to sell their surplus energy to, and at what price. The trial will initially focus on ten homes in Osaka city, with the aim of providing the community with cheap power and the ability to sell their energy to their peers. KEPCO will build “virtual power plants” and storage capacity that enables consumer-generated electricity to support local energy demands, as stated in the post on Medium. KEPCO will allow Power Ledger to access meter data, and in return Power Ledger will…

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Financial Firms Will Launch Cryptocurrency Trading Services in the Next Twelve Months, Report Claims

Financial Firms Will Launch Cryptocurrency Trading Services in the Next Twelve Months, Report Claims
Source: Livebitcoinnews.com

Financial firms are showing an increased interest in cryptocurrencies. That is a surprising development, although one that comes at a critical time. Bitcoin and all other currencies direly need an influx of institutional money to keep the train rolling. According to Thomson Reuters, one in five finance firms will launch crypto trading in 2018 or early 2019. With financial firms getting interested in Bitcoin trading, exciting things are bound to happen. Right now, buying cryptocurrencies often requires the use of an exchange or another trading platform. That is not the most convenient way of dealing with things by any means. As of right now, that situation will seemingly come to change. Financial firms show an interest in trading cryptocurrencies as of right now. Financial Firm’s eye the Bitcoin Market A survey by Thomson Reuters paints an interesting picture in this…

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VTOS Announces Token Sale for Decentralized Social Networking Platform

VTOS Announces Token Sale for Decentralized Social Networking Platform
Source: Themerkle.com

The VTOS team has announced a token generation event (TGE), which will be launched on May 28th with the intention of making the platform’s native token publicly available for purchase. Disclosure: This is a Sponsored Article Over 2.5 billion people around the world are now involved with social networking in some way, shape, or form. This constitutes around 33% of the entire global population, and is therefore a huge market that the startup thinks it can take advantage of by providing an alternative to the current industry giants in this space. VTOS itself is the product of an emerging trend among blockchain startups to leverage the tech for content sharing and social media applications. Some other examples include Steemit (Think crypto-fueled version of Reddit) Yours (similar to Steemit, with BCH as a native currency), and Synereo. Masternodes key distinction for…

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Republic of San Marino to Become Next Blockchain Center

Republic of San Marino to Become Next Blockchain Center
Source: Coinidol.com

Apr 25, 2018 at 12:23 // News The Republic of San Marino is placing itself to become a ground-up hub for Blockchain. This has come through an announcement from the San Marino Innovation Institute, the formation of a new company which under San Marino law will be devoted to developing a first-ever ecosystem for blockchain innovation. Hands-on and legislative work will start instantly in order to create an infrastructure and legal framework catered to the country’s goal of becoming a center for developing the blockchain industry. What will this Technology Help? A move that was motivated by ongoing European personal and private data management initiatives  indicates that the joint daring undertaking will help San Marino to support Polybius’ Digital ID technology that will enable it to create new and world-leading identity mechanisms for authentication and verification. Ivan Turygin, Co-founder of…

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On Chain VS. Off Chain Governance: The Ins And Outs

Source: Coinjournal.net

To understand the importance of blockchain governance and the debate surrounding it, It is important to first define blockchain governance and it’s role in the entire blockchain ecosystem. Blockchain governance in cryptocurrencies relates to decisions about two things: the rules of the protocol (the code) and the incentives the network is based on (the economics). […] The post On Chain VS. Off Chain Governance: The Ins And Outs appeared first on Coinjournal.

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Bitcoin SegWit support enabled on crypto exchanger ALFAcashier

Source: Cryptoninjas.net

ALFAcashier, a site to buy, sell, and exchange bitcoin and other cryptocurrencies today announced they now support Bitcoin Segregated Witness (SegWit) transactions for all users. SegWit is a soft fork upgrade to the Bitcoin network which composes transactions considerably more efficient as well as secure. Bitcoin SegWit support enabled on crypto exchanger ALFAcashier

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Compliant Airdrops: CoinList to Offer Investors Free Crypto Giveaways

Compliant Airdrops: CoinList to Offer Investors Free Crypto Giveaways
Source: Coindesk.com

Who thought giving something away could be so complicated? That’s the question crypto innovators have had to come to terms with since the concept of “airdrops” – or the practice of gifting tokens in massive giveaways – has come under the scrutiny of government regulators. But with the launch of a new product Wednesday, CoinList, an initial coin offering (ICO) facilitator spun out of the renowned startup incubator AngelList, is looking to streamline the process of airdrops in a way that doesn’t run afoul with the law. Aptly named Airdrops, the product runs users through compliance checks and attestations so that a token issuer can give CoinList’s users free tokens. On top of that, if the issuer is looking for users that meet certain criteria (be it a profession or location), they can verify that users actually fit those backgrounds. In this way, CoinList…

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Bitcoin Price Sees Less Volatility Compared to Altcoins for a Change

Bitcoin Price Sees Less Volatility Compared to Altcoins for a Change
Source: Themerkle.com

The bearish momentum across all cryptocurrency markets is intensifying as we speak. This takes a lot of people by surprise, even though it seems there are a lot of flesh wounds first and foremost. While some currencies are down in the dirt, the Bitcoin price has remained above $9,000 in surprising fashion. Maintaining this price point will not be easy, even though the overall trading volume is spiking quite hard. Bitcoin Price Might Stay Above $9,000 Looking at the cryptocurrency charts right now, it is evident the altcoins are taking a massive beating for no apparent reason. Surprisingly, Bitcoin is not following this quick downtrend, even though the Bitcoin price is still going down. With a 2.29% drop compared to 10% or more for all other cryptocurrencies, things are not looking all that bad for the world’s leading cryptocurrency either….

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BitMari Successfully Performs First Lightning Network Transaction

Source: Btcmanager.com

A Zimbabwean startup, BitMari, has successfully performed a bitcoin Lightning Network test transaction with Tanjalo, a platform for bitcoin trading in Nigeria. This achievement marks a milestone for payments in Africa as users of this platform should expect lightning fast and extremely low fees on bitcoin transactions. Cross-border Payments Easier With Lightning Network Zimbabwe is a country that over the years have suffered from an extremely high inflation rate. Sending money outside the country is a tall order, however, BitMari the employs blockchain technology to tackle the problems faced by Zimbabweans in sending cross-border payments. The company has also partnered with Agribank to handle transactions for their customers, and BitMari was the first bitcoin-related company to receive a money transmitting license from the Reserve Bank of Zimbabwe. The co-founder and CTO of Tanjalo, Tim Akinbo, initiated the transaction and was…

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Chinese Police Confiscate 600 Bitcoin Mining Machines

Chinese Police Confiscate 600 Bitcoin Mining Machines
Source: Livebitcoinnews.com

Chinese police have reportedly confiscated 600 bitcoin mining machines following reports of irregular electricity usage. In the China city of Tianjin officials are continuing their crackdown on the cryptocurrency market in a country that was once the location for a large number of bitcoin mining operations. According to a report from the Xinhua News Agency: “Eight high-power fans were also seized”, adding that it was the “largest power theft case in recent years,” reports CNBC. Last September, Chinese authorities took decisive steps to stamp out the cryptocurrency market in the country. As a result, it banned trading and mining activities, which saw many moving offshore or shutting down. In the Tianjin case, five people are under investigation while another has been detained. The use of bitcoin mining equipment has generated much interest in the last few years. This is due to the fact…

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LIGER, for the BULL in you during BEARISH times

Source: Coinspeaker.com

If the past year taught us something about cryptocurrencies, it is how volatile in nature this digital currency is. The overall Market Cap in 2018 has halved from the Peak of $835 Billion from 2017. Futhermore, for a market driven by sentiments, ‘NEWS’ has been a primary differentiator in case of a nascent segment like Cryptocurrency. ‘News’ Adding Fuel to People’s Fears First, the news of Nobuaki Kobayashi selling $400 Million worth of BTC broke. Adding to this, speculations about him still having $1.7 Billion of BTC that he could dump at the Exchanges led to a selling spree in BTC. There were also rumours about BINANCE servers getting hacked, which saw a massive crash in the prices across the Crypto market. The lack of regulation of Crypto Exchanges by SEC, led to the announcement of them not being ‘Exchanges’…

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DateCoin (DTC) and DeHedge sign hedge agreement

Source: Cryptoninjas.net

DateCoin (DTC) and DeHedge, the cryptocurrency hedging platform today announced a newly signed agreement to hedge a limited volume (2 million) of DTC tokens. The hedged DTC tokens will soon be available on the DeHedge platform. DateCoin (DTC) and DeHedge sign hedge agreement

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Republic of Georgia Emerges as a Global Leader in Cryptocurrency Mining

Republic of Georgia Emerges as a Global Leader in Cryptocurrency Mining
Source: Bitcoinist.com

The former Soviet Republic of Georgia is positioning itself as one of the leading countries in the cryptos space and is now ranked second in the world for cryptocurrency mining after China. This has been the result of the country’s electricity subsidies and fair regulation. Powered by an Accommodating State Despite its obvious economic benefits, cryptocurrency mining has always been scrutinized by would-be investors because of its huge energy requirements. This actually reduces its value case in other jurisdictions. The tiny nation of Georgia has, however, reportedly remained attractive for mining because of its electricity subsidies with some regions that already have lower rates for electricity like the Alazani Valley attracting a lot more mining activity. The country also relies on cheap hydropower. All this has brought in some foreign investors, including, most notably, BitFury which reportedly controls most of the mining activity – as much…

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Russia Supreme Court: Embargo Placed on Bitcoin Website Must Be Reviewed

Source: Btcmanager.com

Russia’s stance on bitcoin and cryptocurrencies, in general, remains very unclear. While the authoritarian nation has embraced the gospel of distributed ledger technology (DLT) wholeheartedly, the story is not the same for the monetary applications that rest on top of blockchain protocols. Bitcoin not Legal Tender It all began in 2016 when bitcoin became a forbidden fruit in Russia. As such, The Vyborgsky District Court of St. Petersburg, following the request of the Prosecution Office, blocked Bitcoininfo.ru site. According to the court, portraying the flagship cryptocurrency as a “virtual payment instrument and a store of value,” is a violation of the country’s Federal Act. According to RAPSI, the country’s legal information agency, the Supreme Court of Russia has ordered the St. Petersburg City Court to consider an appeal to the ban of the website. Notably, in 2017, the Oktyabrsky District…

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TD Ameritrade is World’s First Brand to Place an Ad in the Bitcoin Blockchain

Source: Coinspeaker.com

TD Ameritrade introduced the first advertisement created in blockchain, highlighting the way how the world is changed by new technologies. TD Ameritrade, a widely-known investing and trading platform, has wowed the trading community becoming the first company to create an advertisement in the blockchain, as it was first reported by MediaPost. The campaign that was named “Greetings from the Blockchain” is address to the fast growing community of blockchain investors and supporters. And its main aim is to show the role of new technologies in changing consumer behavior, needs, demands and expectations. TD Ameritrade has always loved innovations and has always been striving for applying them in the company’s activities, trying to find the most creative ways to do it. On their web site the company’s team proudly wrote: “Through a series of transactions we became the first brand to…

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