‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm

‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm
Source: Dailysatoshi.com

The Bitcoin Cash civil war is just days away from culminating in a contentious blockchain split, and the lead developer of the faction with the minority hashrate has advised that the development community should “get a patch ready” in case they need to pursue an emergency hard fork to change the cryptocurrency’s Proof-of-Work (PoW) algorithm. The post ‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm appeared first on CCN The post ‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm appeared first on Your Daily Satoshi.

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ALAX taps DECENT’s DCore blockchain to bring mobile gaming content to millions

Source: Cryptoninjas.net

CryptoNinjas ALAX, a Hong Kong and Geneva-based global mobile games distribution platform that connects game publishers with mobile gamers worldwide, has announced its strategic move to DECENT’s customizable blockchain, DCore. DCore is a blockchain technology capable of processing… ALAX taps DECENT’s DCore blockchain to bring mobile gaming content to millions

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Trojans, Malware, and Sextortion Dominate Leading Trends in Bitcoin Cybercrime

Trojans, Malware, and Sextortion Dominate Leading Trends in Bitcoin Cybercrime
Source: Livebitcoinnews.com

Cybercriminals continue to devise and perfect new strategies to steal Bitcoin and other cryptocurrencies. In 2018 alone, the activities of these online syndicates have led to the theft of hundreds of millions of dollars. Here are some of the popular tactics used by these criminals to steal cryptocurrency online. Trojans and Malware Recently, Live Bitcoin News reported on Swiss authorities warning cryptocurrency exchange platforms of the emergence of modified e-banking trojans. This strain of trojans targets cryptocurrency trading platforms. Cybersecurity firm Kaspersky Labs says hackers have also created a new iteration of the deadly Rakhni trojan. This particular variant is capable of performing both cryptojacking and ransomware exploits on the target victim. Apart from trojans, other forms of malware also constitute a danger to cryptocurrency owners and users. Recently, Kaspersky Labs also warned that syndicates like the North Korea-based Lazarus…

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Traders Now Betting 2-to-1 the Bitcoin Cash Fork Will Cause Price Decline

Traders Now Betting 2-to-1 the Bitcoin Cash Fork Will Cause Price Decline
Source: Coindesk.com

Bitcoin cash bears are lining up. There are now almost twice as many open short positions betting that the price of bitcoin cash (BCH) will fall as there are longs betting on a rise in its price. According to data from crypto exchange Bitfinex, which allows margin trading for multiple cryptocurrencies, there are currently 89,457 open BCH short positions and 53,322 longs. This is, perhaps no coincidence, since there is a network update scheduled for bitcoin cash set to take place on Nov. 15. Under one possible outcome, BCH will split into two chains – centered around the Bitcoin ABC and Bitcoin SV code implementations – resulting in two distinct cryptocurrencies (and what is effectively a doubling of one’s holdings). While margin traders are strongly favoring a bearish outcome, both longs and shorts reached all-time highs in the last 24-hours. Shorts positions…

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Blockchain Game-Changer Nagezeni is Now Available on CoinSuper

Blockchain Game-Changer Nagezeni is Now Available on CoinSuper
Source: Coinidol.com

Nov 13, 2018 at 17:18 // News Nagezeni, a project developing a crowd-tipping solution in cryptocurrency, enters crypto exchanges. Starting from November 12, users will be able to acquire NZE tokens on CoinSuper, one of the largest platforms in Asia. Customers can trade, buy, and sell their coins in a convenient and secure way. Note that the NZE/BTC pair will available at first. Founded in Hong Kong in 2017, CoinSuper has quickly gained the popularity among traders and now is included in the top 25 exchanges with a daily trading volume of $150 million – $200 million, according to Coinmarketcap. The exchange counts more than one million users allowing them to deal with 75 pairs of cryptos. CoinSuper provides both fiat-to-crypto and crypto-to-crypto exchanges in BTC, BCH, ETH, and others. Besides, customers can trade in USD, which also attracts people….

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Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months
Source: Coinidol.com

Nov 13, 2018 at 17:02 // PR Recently launched cloud server cryptocurrency mining service, Splitt is now making the heads turn in the global crypto community. Designed to make cryptocurrency mining user-friendly and safe for all, Splitt has secured an investment of well over $5 million from more than ten thousand investors over the last three months. Splitt, a recently launched cryptocurrency mining service equipped with a cloud server, is now taking giant strides towards becoming a highly preferred choice amongst the crypt mining enthusiasts around the world. Following its mega launch in August, Splitt has done well to secure close to one hundred thousand users and ten thousand investors in less than three months. Official sources have revealed that the company has already received an investment of more than five million for further development of the business.    As…

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Bitcoin Cash’s ‘Hash War’ Solidifies as Network Hard Fork Approaches

Bitcoin Cash’s ‘Hash War’ Solidifies as Network Hard Fork Approaches
Source: Coindesk.com

Ahead of Thursday’s hard fork of bitcoin cash, the war of the mining pools is becoming even more lopsided. Data from Coin Dance indicates that bitcoin cash mining pools which have pledged support for the Craig Wright–led result of the fork, Bitcoin SV, control some 76.39 percent of the hash power utilized in mining blocks over the last 24 hours. While bitcoin cash will almost certainly split after the fork, questions remain about which of the two resulting coins – Bitcoin ABC and Bitcoin SV – will succeed. Wright in particular has vowed to destroy the ABC network, going so far as to threaten ABC proponents on Twitter. SV’s hash power advantage is up from 73.62 percent just a day ago. In particular, CoinGeek, the platform owned by Wright supporter Calvin Ayre, jumped from controlling about 30.6 percent of the…

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Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans

Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans
Source: Btcmanager.com

Blockchain Valley Ventures (BVV), a Switzerland-based venture capital firm and accelerator, has announced it is launching a new regional unit in Singapore. The company revealed the move during the Singapore Fintech Festival on November 12, 2018. BVV’s Asian Expansion With the island nation as their next stop, the Swiss blockchain firn has prepared the foundation for bolstering its presence in Asia….Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’
Source: Bitcoinist.com

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future. “10 (years) of cash transfusions from central banks – masking the globe’s economic death in 2008 – hasn’t worked,” he wrote on Twitter. “Dow 10,000 here we come. (Bitcoin) will make new (all-time high).” 10 yrs of cash transfusions from central banks – masking the globe’s economic death in 2008 – hasn’t worked. Dow 10,000 here we come. #Bitcoin will make new ATH. — Max Keiser, tweet artist…

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Digital Bank Revolut Surpasses 3 Million Customers

Digital Bank Revolut Surpasses 3 Million Customers
Source: Bitcoin.com

U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also read: Huobi Opens in Russia, Plans Startup Accelerator and Mining Hotels Fintech Startup Defies Skepticism The company marked the milestone on Twitter: “Three years ago, banks and investors laughed at us. Today, we have signed up three million customers and no one is laughing now. Thank you!” The announcement came about three months after Revolut launched a new debit card that offers support for some of the leading digital coins. Revolut Metal is the platform’s premium service. For a monthly fee of €13.99 (less than $16), users can get a free…

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Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report

Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report
Source: Dailysatoshi.com

Bitmain, the world’s largest bitcoin mining firm, has reportedly undergone a major board reshuffle ahead of its initial public offering (IPO), which should set a record for the nascent cryptocurrency industry. Bitmain Sees Major Board Shakeup — CEO Jihan Wu Loses Voting Rights Citing company information registered with the local government, Chinese industry media outlet The post Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report appeared first on CCN The post Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report appeared first on Your Daily Satoshi.

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BLOCKCHAIN & DIGITAL ECONOMY 2019

BLOCKCHAIN & DIGITAL ECONOMY 2019
Source: Coinidol.com

Nov 13, 2018 at 16:18 // PR 13 – 14 March, 2019Dead Sea – Jordan Why the 2nd Blockchain & Fintech Summit is Different?    1 – Jordan is positioning itself as a financial hub for the entire region.    2 –  New platforms, systems, solution and Crypto currencies. 3 – New vision, new mission and new markets.    4 – Speakers and participants will focus on the development of the Fintech, Crypto and Blockchain sector, its current condition and potential, key challenges, problems and their solutions. The conference will allow the discussion of aspects of digital economy regulation solutions.    5 – The event program includes presentations, which will be interested for software developers, as well as investors and entrepreneurs who are going to promote and their businesses.    6 – B2B BROKERAGE EVENT is a series of 20-…

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Binance to Suspend Trading for Eight Hours Due to System Upgrade

Binance to Suspend Trading for Eight Hours Due to System Upgrade
Source: Livebitcoinnews.com

Cryptocurrency exchanges need to keep their infrastructure up-to-date at all times. For Binance, tomorrow marks such an important day. Although the company isn’t changing anything major, the company will temporarily suspend all services. During this eight-hour period, users will need to look for other trading alternatives. Binance System Upgrade Announcement On Monday, popular cryptocurrency exchange Binance announced that it will go offline for an eight-hour period beginning at 2:00 am UTC on November 14. A system upgrade will be performed, albeit no details of the upgrade have been made public at this time. As the platform will be offline, no deposits, withdrawals, or trading will be completed. It is unclear if this Binance upgrade has to do with the upcoming Bitcoin Cash hard fork. The platform will support this fork through a balance snapshot to be taken on November 15th….

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How to use a Blockchain to Prevent Election Rigging

Source: Coinjournal.net

Last Wednesday, after a mid-term election that saw more voters than any previous mid-term in more than 50 years, defeated independent candidate Tim Canova posted a video to his Twitter account. The video, shot by a concerned citizen, appears to show election officials driving up in their personal vehicles and putting provisional paper ballots into […] The post How to use a Blockchain to Prevent Election Rigging appeared first on Coinjournal.

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WIRESUMMIT 2018: Exclusive Gathering of Investors and Blockchain-Startups is Around the Corner

WIRESUMMIT 2018: Exclusive Gathering of Investors and Blockchain-Startups is Around the Corner
Source: Coinidol.com

Nov 13, 2018 at 15:44 // PR WIRESUMMIT 2018, an upcoming blockchain event for the broader Blockchain communities is around the corner. The exclusive gathering of investors and Blockchain startups is being organized in the capital city of India on December 2, 2018. Sources close to the organisers stated that they are strategically hosting the event in New Delhi with an expectation to attract blockchain enthusiasts, experts, influencers, investors; owing to its strategic location and proximity to government organisations. With every event, the #WireSummit is committed to becoming the largest and the most extensive Blockchain-oriented event of 2018 in the industry. The event is organised by one of the most well-known news platforms in the industry, BTCWIRES. The Blockchain news outlet has in the past covered various global blockchain conferences and summits.    The theme of the event will revolve…

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Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned?

Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned?
Source: Dailysatoshi.com

This week, the U.S. officially removed Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, disallowing the Central Bank of the Islamic Republic of Iran from working with financial institutions worldwide. Iran could eye a switch to crypto as a response, as it hinted in early 2018. The U.S. government imposed strict sanctions The post Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned? appeared first on CCN The post Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned? appeared first on Your Daily Satoshi.

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Top 5 Possible Applications for Internet of Things and Blockchain

Top 5 Possible Applications for Internet of Things and Blockchain
Source: Coinidol.com

Nov 13, 2018 at 15:09 // News Financial technology has gained true respect around the world. Tech experts, as well as ordinary people, appreciate the perspectives and new gains this innovation can bring. Internet of Things (IoT) and Blockchain properties are able to improve and simplify many aspects of a company’s operating system. Working together, IoT and Blockchain can change the way things are done today, enhance transparency and guarantee security. Digital supply networks operate much better than conventional linear supply chains due to their core technology.    Top Five Use Cases    First of all, the application of IoT and Blockchain should be beneficial for tracking items. Adequate supply chain operation demands a lot of money be spent, even though it may still lack the tracking function. This puts consumer safety and company profit under threat. In this case,…

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Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam

Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam
Source: Bitcoinist.com

Pure Bit lured investors in with promises of a rewarding ICO then mysteriously vanished, taking 13,000 worth of ETH with them. There’s a Sucker Born Every Minute The South Korean exchange is accused of pulling an exit scam after raising nearly 13,000 ETH ($2.7 million) in ICO funds. A few months ago ICOs were banned in South Korea. In response, the team behind Pure Bit operated anonymously. It’s likely that investors weren’t wary of this, as investing in cryptocurrencies is extremely popular in South Korea.  As is typical for these scams, the Pure Bit team appears to have shut down its website, shifted 13,000 ETH 00 from its wallets, and essentially deleted all social media, including its Kakao group chat before making a final post saying “sorry,” and “thanks.” Investors will probably have an incredibly difficult time recovering their funds…

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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses

Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Source: Btcmanager.com

Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2.6 billion ($22.8 million) “despite the harsh external environment.” Crunching the Numbers The report shows promising figures for the Japanese internet company….Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment

The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment
Source: Bitcoin.com

In today’s edition of The Daily, we feature an upcoming bitcoin cash token backed by physical diamonds and an American coffee company that has decided to add cryptocurrencies to its payment options. Additionally, we look at a public mining company that may get a dual listing in Canada, as well as the latest investment by Bitfury. Also Read: GMO Internet Reports Crypto Exchange Profit Up Over 34% in Q3 2018 Rosetta Coffee Adopts Bitcoin Payments Rosetta Coffee, a specialty coffee company based in Lynchburg, Virginia, and Outer Banks, North Carolina, has announced that it will soon adopt cryptocurrency payment options. On the client-facing side of the business, transactions will go through Shopping Cart Elite’s e-commerce platform. With this, the online store will be able to accept BCH, BTC, BCD, DASH, ETH, LTC and XZC. Rosetta Coffee emphasized that farmers will also…

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CommerceBlock partners with Securosys to secure keys of its public blockchain

Source: Cryptoninjas.net

CryptoNinjas Securosys, a Swiss cybersecurity and encryption provider and London-based CommerceBlock today announced their long-term collaboration. Securosys will provide secure key management for CommerceBlock’s public blockchain based infrastructure. This collaboration will bring performance, security, and scalability… CommerceBlock partners with Securosys to secure keys of its public blockchain

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