Targeting Media Ecology, PR Chain Reshapes Global Media Credibility with Blockchain

Targeting Media Ecology, PR Chain Reshapes Global Media Credibility with Blockchain
Source: Themerkle.com

With the full development of the Internet, Internet media is now everywhere in our life. Media has grown to be the most important cornerstone of modern economy as its intangible value gradually surpasses the tangible ones. Like any other technology, media industry has encountered bottleneck, and it is one that is hard to overcome. However, blockchain technology may provide solutions to break through, and PR chain is such an innovator and pioneer mastering this technology in modern era… The gust of blockchain was quietly picking up and has swept across the world; the myth of so many people getting rich from blockchain attracted a group of speculators. Compared with such speculators who want to become rich overnight, the founding team of PR Chain is really different. The chairman and CEO of PR chain, Zhou Haomin (Jeremy); co-CEO and COO Hu…

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Cloud-Mining Service Hashflare Terminates Bitcoin Mining Contracts

Cloud-Mining Service Hashflare Terminates Bitcoin Mining Contracts
Source: Forklog.net

Cloud-mining company Hashflare has announced Friday, July 20, it has terminated all active bitcoin mining contracts because they are no longer profitable. The announcement was both posted on HashFlare’s Facebook page and sent to users via email. The company stated: Dear users! As you know, the last few months have been a difficult time for the cryptocurrency market, which has also affected the operation of our service. We have made every possible effort in order to resolve the problem that has arisen – for instance, we have considered a variety of technical solutions, which would have allowed us to lower expenses related to maintenance and electricity. However, due to the general instability of the market, the actions we have taken could not significantly influence the current situation. For over a month our users encountered a situation when the payouts were…

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Billionaire Investors Trash Bitcoin Despite Recent Uptrend

Billionaire Investors Trash Bitcoin Despite Recent Uptrend
Source: Themerkle.com

Bitcoin has no intrinsic value, and those who invest in it only do so in the belief that they’ll find a greater fool who’ll buy it at a higher price. This is according to billionaire investor Howard Marks who in a recent interview tore into Bitcoin, stating that it does not have any substance. His sentiments were echoed by another billionaire and hedge fund mogul, Ken Griffin, who stated that the reason he has stayed away from investing in Bitcoin is that he doesn’t believe in it. However, cryptos found an unlikely proponent in Marc Lasry, yet another billionaire investor, who stated that he believes Bitcoin will hit $40,000 as more merchants begin to accept it and trading becomes easier. Invest in More Meaningful Ventures, Not Crypto Ken Griffin didn’t mince his words as he called out Bitcoin for its…

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Huobi Launches Service to Build Crypto Exchanges in the Cloud

Huobi Launches Service to Build Crypto Exchanges in the Cloud
Source: Coindesk.com

Huobi, the world’s third-largest cryptocurrency exchange platform by trade volume, is now offering a business arm to help customers build their own digital asset exchanges. Dubbed the Huobi Cloud, the service is set up to provide clients “a one-stop solution … [to enable] its partners to build secure and stable digital asset exchanges quickly,” according to the official press release, though it did not provide specifics on what it will offer these partners. The company goes on further to explain: “Over the past five years, Huobi has accumulated rich and valuable [research and development], security, compliance and operational experience through its digital asset trading platforms … Huobi is looking to share its expertise and experience with the entire blockchain ecosystem and through this, develop the industry further to achieve mutual benefits for all stakeholders.” As such, Huobi Cloud is envisioned…

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Bitcoin Price Increase Turns Long-Term Bear Bullish

Bitcoin Price Increase Turns Long-Term Bear Bullish
Source: Bitcoinist.com

Staunch Bitcoin bear Boris Schlossberg, Managing Director of FX strategy at BK Asset Management, has expressed positive sentiment on key matters surrounding the world’s largest cryptocurrency’s recent rally. TA Driving Breach of Resistance Levels Speaking to CNBC’s “Trading Nation,” Schlossberg noted a few important points about Bitcoin’s 00 recent price surge. He said: After consolidating for months around the $6,000 level, bitcoin had a burst of activity over the past few days, rising by nearly 16 percent since Monday alone; much of that gain came from a sudden 11 percent rally on Tuesday as it appeared several technical levels were broken. Bitcoin saw an unprecedented rise in its price on July 17. The cryptocurrency gained nearly $700 in a little less than 45 minutes, once again grabbing everyone’s attention. Schlossberg noted earlier this year that should Bitcoin ever fall below…

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Bitcoin Could Triple Market Cap by Luring Investors from Gold

Bitcoin Could Triple Market Cap by Luring Investors from Gold
Source: Livebitcoinnews.com

Financial experts often compare Bitcoin to gold. Both assets are scarce, valuable, and preserve some of their value over time. VanEck’s Gabor Gurbacs, however, is confident Bitcoin can triple its market cap if it takes away part of the precious metal’s market share. Gurbacs Is Bullish on Bitcoin Over the past few years, numerous comparisons between Bitcoin and gold have been drawn. None of these comparisons really hold up over time. Both forms of value are very different at their core. Gold is a much better store of value than Bitcoin due to its lower volatility. However, that doesn’t make the world’s leading cryptocurrency completely useless to investors and speculators. Vaneck’s Gabor Gurbacs is confident things will turn around for Bitcoin and that precious metal investors will start turning to the “digital gold” of cryptocurrency. With the current price increase in mind,…

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This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data

This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data
Source: Bitocoinmagazine.com

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others.In a Medium post, the company, which describes itself as a “blockchain-based Wikipedia,” wants to make it “economically irrational” for false information to be shared. DIRT is looking to create a protocol for crowdsourcing information using the Ethereum blockchain to organize the world’s data and make it freely accessible to everyone.Flushed with cash, DIRT plans to release its protocol along with its token in the coming months. The tokens will be based on the Ethereum ERC20 standard, and they are central to the company’s plans to crowdsource trusted data at scale.Speaking to Bitcoin Magazine,…

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What Is Provenance?

What Is Provenance?
Source: Themerkle.com

Hundreds of companies are exploring use cases within the blockchain industry. It is evident there are a lot of potential use cases to explore, even though very few of them will impact the real world. Provenance is taking a different approach by streamlining the supply chain model to empower all cogs in the proverbial machine. The Idea of Provenance Bringing blockchain technology to the supply chain is not a unique business model. Provenance will face stiff competition from a lot of other companies in this area. Provenance seeks to empower all participants in the supply chain, including retailers, producers, partners, and shoppers. Bringing more transparency to supply chains could unlock a lot of new use cases. How Does it Work? Provenance aims to achieve many goals in the coming years. Engaging shoppers with information gathered from suppliers will help create…

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Governance Remains a Big Problem in the Age of new Technology

Governance Remains a Big Problem in the Age of new Technology
Source: Btcmanager.com

According to Business Development director at Massari’s Katherine Wu, when it comes to governance in the cryptocurrency sector, Wu believes it’s important to look at the concept of management on an international level and understand its relationship with the history of politics and law. Wu argued on Token daily that the fundamental idea of governance also stems from human nature and behavior. Although the cryptocurrency industry may implement new features and economic incentives, we as a community, still face the age-old governance problems that plague international politics today. These governance challenges are, however, now presented in a new way. Why Governance is an Age-old Problem According to international relations theory, the definition of global governance is the total aggregate of values, norms, procedures, and institutions that help parties identify, understand, and address cross-border issues. Global governance, therefore, encompasses much more…

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$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls

$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls
Source: Coindesk.com

$8,000? It’s not out of the question. With no price pullback happening in the wake of Tuesday’s sudden surge, the technical charts indicate bitcoin could soon close in on this key psychological benchmark. First, an expected pullback was not without merit (the charts were looking overextended on Tuesday when the 4-hour RSI reached its highest level since 2016), but since Wednesday, the world’s largest cryptocurrency has largely consolidated gains in a narrow range between $7,246 and $7,588. As the trading range tightens and the technical indicators regain composure, the probability of bullish continuation increases. At press time, the CoinDesk Bitcoin Price Index shows bitcoin is changing hands at $7,609.87, up 1.86 percent on a 24-hour basis. Daily chart Bitcoin (BTC) has been in a clear consolidation mode since the conclusion of Tuesday’s rally, but the daily bias remains bullish. Price is…

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Introducing Your Gateway to the Internet of Value: How Blockchain.io Takes on Investors’ Favorite Worst Crypto Dilemma

Source: Coinspeaker.com

It is very likely that in the near future we will heavily rely on them to store and exchange value; we are confident that many other applications will come up from this groundbreaking invention. In short, the Crypto revolution is to us now what the Internet represented in the early 2000’s: a huge promise to transform our lives in ways we could not fully comprehend at the time. The buzz around the Crypto industry brings around a flood of information full of enthusiasm since it advances the conversation on the development of digital economy. However, it seldom helps investors choose among the different features and technicalities that exist on the exchange market. Should one prioritize a high-level security by using a decentralized Exchange, or is it better to entrust a third-party for the sake of high liquidity and considerable cutbacks…

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Achieving Truly Useful Proof of Work: Toby Simpson of Fetch.ai

Achieving Truly Useful Proof of Work: Toby Simpson of Fetch.ai
Source: Bitocoinmagazine.com

What’s the best that can happen? That’s the focus of Fetch.ai in the realm of artificial intelligence (AI).Episode 025 of the What Bitcoin Did podcast featured a wide-ranging conversation between host Peter McCormack and Fetch co-founder/CTO Toby Simpson about both best-case and worst-case outcomes for AI. But it wasn’t all speculation: developments with Fetch in the here and now provided plenty of insight into the ever-increasing interconnection between AI and decentralization.Fetch, based in Cambridge, U.K., describes itself as “a decentralized digital world in which useful economic activity can take place,” one with an adaptive, self-organizing smart ledger at its core. While not available for a public test just yet, it claims to have a functioning internal system that has brought its plans to life. Within that system, Simpson fondly refers to the virtual “world” that is being incubated. In it,…

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This Week on Crypto Social Media: Barry Silbert, Bernie Sanders and ‘Supine Ignorance’

This Week on Crypto Social Media: Barry Silbert, Bernie Sanders and ‘Supine Ignorance’
Source: The-blockchain.com

Each week, Blockchain News brings you the best social media tidbits, FUD and other oddities from the cryptosphere’s social media landscape. Silbert: “The bears ran out of energy” Barry Silbert, founder and CEO of Digital Currency Group, spoke with CNBC on July 18 about the bear / bull market, the Securities and Exchange Commission, Wall […] The post This Week on Crypto Social Media: Barry Silbert, Bernie Sanders and ‘Supine Ignorance’ appeared first on Blockchain News.

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Samsung Stores in the Baltic States Now Accept Cryptocurrencies

Samsung Stores in the Baltic States Now Accept Cryptocurrencies
Source: Bitcoin.com

On Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Through a partnership with the payment processing firm Coppay, customers shopping at the Samsung stores in Tallinn, Riga, Vilnius, and Kaunas will be able to pay with BTC, ETH, DASH, NEM, STEEM, XRP, and LTC. Also read: Philippines Embraces Cryptocurrency: Exchanges Issued Provisional Licenses Samsung Stores in Three Baltic States Accept Cryptocurrencies The platform Coppay is a European fintech firm that offers payment gateways for cryptocurrency paying customers throughout 31 merchant locations. Now the company has announced that Samsung is truly embracing its slogan to “Turn on Future” by accepting seven different cryptocurrencies. The digital currencies the Samsung stores will be accepting for payments include bitcoin core (BTC), dash (DASH), NEM (XEM), steem (STEEM), ripple (XRP), litecoin (LTC), and ethereum (ETH). …

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Meet The Best Blockchain Investors And ICO Projects On Asian World Blockchain Roadshow With IDACB

Source: Coinspeaker.com

WBRShow is a blockchain tour organized by IDACB to establish communication between trustworthy ICO teams and the best investors. IDACB is aimed at gathering all the most perspective ICO projects together and introducing them to the investors. WBRShow Part 2 takes place on July, 28 – August, 5. Hanoi (Vietnam), Hong Kong (China), Macao (China), Seoul (South Korea), Tokyo (Japan) – all these crypto capitals are included in the tour. Two WBRShow Pitch Sessions, giving ICO teams an opportunity to promote their projects, will be held during each meeting. Participants will have an opportunity to communicate one by one on Coffee-breaks and at a Cocktail Party which will be held afterward. Preappointed meetings with the investors are also available. The meetings will take place in 5* hotels. Hanoi – Hilton Hanoi Opera; Hong Kong – Mandaring Oriental; Macau – Mandarin…

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Hit the Road, Jack. Wanchain 2.0 and WanLabs Kick Off European Tour

Hit the Road, Jack. Wanchain 2.0 and WanLabs Kick Off European Tour
Source: The-blockchain.com

Around the corner from the Bank of England, one of the very institutions they seek to disrupt, Wanchain are brewing up a quiet revolution. With investor interest reaching fever pitch when the world’s first platform for private cross-chain smart contracts launched back in January, the world is now waiting for Wanchain’s next act: the incorporation of cross-chain […] The post Hit the Road, Jack. Wanchain 2.0 and WanLabs Kick Off European Tour appeared first on Blockchain News.

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What Is TCXHub?

What Is TCXHub?
Source: Themerkle.com

Competition is heating up in the world of cryptocurrency exchanges. There is a growing demand for decentralized solutions. Although TCXHub may not be completely decentralized, it allows users to trade any cryptocurrency against any other. It’s an interesting idea that can make the cryptocurrency ecosystem a lot more competitive. The Idea Behind TCXHub TCXHub is a new cryptocurrency trading platform for users to explore. The platform is very different from what other companies offer, even though it is still an exchange platform at its core. TCXHub will support all coins and tokens across every current and future creation platform on the market. This will allow for some very unique trading pairs. How Does it Work? Users can trade any cryptocurrency against any other digital asset. It does not matter whether the exchange itself lists a particular trading pair, and it…

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Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims

Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims
Source: Btcmanager.com

In a somewhat surprising twist, Amit Bhardwaj, the man behind the notorious Bitcoin Ponzi scheme, has pledged to pay back his victims in Indian rupees (INR) according to report on July 18, 2018. The Schemer’s Path Towards Prison Bhardwaj caught the attention of police and global media houses in April 2018, when the police arrested him for setting up an elaborate multi-level marketing scam in which he illegally acquired baffling $300 million. Promising a highly inflated ten percent monthly return of bitcoin investments for 18 months under multi-level marketing (MLM) schemes such as Bitcoin Growth Fund, Bhardwaj tricked around 8,000 people in India who fell for the charms of the mastermind’s fairy tales about bitcoin. Of course, the investors never saw a dime of their invested money again. Bhardwaj established his bitcoin empire and the first online retail marketplace accepting…

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XRP is Not a Real Cryptocurrency, Says Expert

XRP is Not a Real Cryptocurrency, Says Expert
Source: Bitcoinist.com

The argument over whether XRP is a security remains a popular debate in the cryptocurrency industry. Now, one expert is saying that XRP isn’t even a “real cryptocurrency.” Meanwhile, the SEC has yet to issue any official word of whether or not it considers XRP to be a security.  Major Players Shying Away from XRP Coinbase recently announced that it was considering adding five more tokens to its catalog of supported cryptocurrencies. Stellar Lumens is one of the prospective tokens that the San Francisco-based cryptocurrency exchange platform is looking to add. Many market observers are aware of the rivalry between Ripple and Stellar. Less than a fortnight ago, Steven Cohen announced that he would be investing in a cryptocurrency-based hedge fund – Autonomous Partners. The Ariana Simpson-led hedge fund doesn’t invest in XRP tokens. Commenting on the matter, Simpson said:…

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