Post of the Day

66% of Funding to Stop the AI Apocalypse Comes from Crypto Donors

66% of Funding to Stop the AI Apocalypse Comes From Crypto DonorsHave you ever suffered from existential dread about what will happen when the smart contracts will be smarter than you? Or that a blockchain can become self aware and force humans to bend to its will? Or maybe that a super AI will simply repurpose all the molecules on earth to produce paper clips? Well, […]

The post 66% of Funding to Stop the AI Apocalypse Comes from Crypto Donors appeared first on Bitcoin News.

Several Factors Are Driving Renewed Bullish Sentiment for Bitcoin

Bullish sentiment for Bitcoin is gaining renewed momentum. Investors and financial experts are suggesting a variety of catalysts to explain Bitcoin’s rally, such as regulatory softening by some governments and new technological developments. Even PayPal’s Chief Financial Officer now predicts that Bitcoin might become a favorite payment method. In the meantime, Coinbase and Bitfinex are implementing SegWit to reduce transaction costs. Several Factors Are Fueling Bitcoin’s Rally Bitcoin’s current rally has many drivers. One of

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Bitcoin Price Technical Analysis for 02/22/2018 – Potential Bounce Targets

Bitcoin Price Key Highlights Bitcoin price is still in correction mode but appears to be bouncing off the trend line support. Applying the Fibonacci extension tool shows how high price could go if the trend line holds. Technical indicators are signaling that the uptrend is about to resume. Bitcoin price is finding support at the … Continue reading Bitcoin Price Technical Analysis for 02/22/2018 – Potential Bounce Targets

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Canadian Researchers to Team Up With Indian Tech Industry to Explore Blockchain

Government-backed researchers in Canada are planning to unite with India’s technology industry association NASSCOM to research blockchain. Together, the two hope to create an global epicentre for studying the implications and applications of the innovative tech leading to increased “high-end technology capabilities.” Blockchain: Beyond Cryptocurrency The teaming up of Canada’s Blockchain Research Institute (BRI) and … Continue reading Canadian Researchers to Team Up With Indian Tech Industry to Explore Blockchain

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PayPal CFO: Bitcoin’s Success is Very Likely

There’s a lot of doubt surrounding Bitcoin’s potential as a viable, real-world currency – but PayPal’s chief financial officer sees only positive things in the dominant cryptocurrency’s future. A ‘Very High Likelihood’ of Success According to John Rainey, PayPal’s chief financial officer, Bitcoin, and other cryptocurrencies will one day become a popular method of payment – just not yet. Rainey told The Wall Street Journal: Given the volatility of bitcoin right now, it’s not a reliable

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Bitcoin Skeptic Dennis Gartman Duped by Dubious Blockchain Investment

Bitcoin Skeptic Dennis Gartman Duped by Dubious Blockchain Investment‘Commodities King’ Dennis Gartman has been left with a red face and diminished pension fund after investing in a dubious blockchain company. Shares in Riot Blockchain Inc plunged by 30% following a CNBC investigation, leaving Gartman’s fund in a negative balance for the year to date. The trader has previously described bitcoin as being “nothing […]

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Bitfinex Commencing SegWit Scaling Improvement – Bitcoin

Bitfinex Trading Bitcoin

Bitfinex – Hong Kong-based exchange platform which is on the 4th position by trading volume among the largest processing trading places with $1.6 bln in the last 24-hours has announced yesterday, Feb 20, that it is ready to initiate the Segregated Witness or SegWit scale upgrade for Bitcoin. Paolo Ardoino – Bitfinex CTO, was quoted in the […]

The post Bitfinex Commencing SegWit Scaling Improvement – Bitcoin appeared first on Ethereum World News.

IOTA Crypto: Accusations, Development and Price

Cryptocurrency

First of all, it is of standard before stepping in to invest or trade a particular cryptocurrency that is changing hands in the market, you have to do your own research with no importance as to which coin it is. At the same time, as you are going link after link, platform after platform, you […]

The post IOTA Crypto: Accusations, Development and Price appeared first on Ethereum World News.

BitFunder Founder Charged by SEC for Stealing $61 Million Worth of Bitcoin

Today, the U.S. Securities and Exchange Commission (SEC) brought charges against Jon E. Montroll and his exchange BitFunder for operating an unregistered securities exchange and defrauding users. On top of that, the agency also charged the operator — Montroll — with making false and misleading statements in connection with an unregistered offering of securities. BitFunder was … Continue reading BitFunder Founder Charged by SEC for Stealing $61 Million Worth of Bitcoin

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Ripple Keeps Making Friends – RippleNet Provides a Gateway to Emerging Markets

There is an ever-growing international need for effective, transparent, and low-cost payments which engage with emerging markets. Ripple appears to be the frontrunner when it comes to providing said service, thanks to a whole slew of new partnerships. Making Waves RippleNet, Ripple’s decentralized global network of banks and payment providers utilizing Ripple’s distributed financial technology, has been garnering all sorts of attention from established financial institutions lately. RippleNet is powered by xCurrent, and provides real-time

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Bitcoin Usage Falls to Its Lowest in Months

Bitcoin Usage Falls to Its Lowest in MonthsThere’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why […]

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Iran: Central Bank Doesn’t Recognize Cryptocurrencies but Plans to Create Its Own

Late last year, it was reported that the Iranian government was interested in utilizing Bitcoin and other cryptocurrencies as a way of bypassing economic sanctions levied against the country. But the government has apparently changed its mind: Today, the Central Bank of Iran announced that it has never recognized Bitcoin as an official currency and conducts … Continue reading Iran: Central Bank Doesn’t Recognize Cryptocurrencies but Plans to Create Its Own

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Japanese Crypto Exchange Accidentally Gives Bitcoins Away for Free

The post Japanese Crypto Exchange Accidentally Gives Bitcoins Away for Free appeared first on CCN

Bitcoin skeptics such as JPMorgan CEO Jamie Dimon have often claimed that Bitcoin is “worth nothing.” For approximately 18 minutes at one cryptocurrency exchange in Japan, these skeptics were right. On Tuesday, Zaif — a cryptocurrency exchange operated by Osaka-based Tech Bureau Corp. — revealed in a statement that a technical error had allowed several

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Ripple Submits White Papers for Peer Review; Adds Itaú Unibanco, IndusInd, InstaReM, Beetech and Zip Remit

XRP future

Ripple, the enterprise blockchain solution for global payments, submitted two white papers for peer review today as it looks at improving the long-term health and stability of the XRP ledger. The San Francisco-based startup submitted its first paper, Analysis of the XRP Ledger Consensus Protocol, which builds on its previous algorithm analysis from 2014. Essentially, […]

The post Ripple Submits White Papers for Peer Review; Adds Itaú Unibanco, IndusInd, InstaReM, Beetech and Zip Remit appeared first on Ethereum World News.

5 Interesting Token Sale Projects to Look at in February and March

With so many ICOs launching all the time, how do you know which ones will bear fruit? Here are five interesting token sale projects to watch in February and March. Hicky – Blockchain Based Dating App to Verify Super Secure Connection Experience Hicky is a decentralized dating app (DApp) and can be thought of as Tinder on the Blockchain. Token economy, as well as the power of the blockchain, is used by Hicky to ensure

The post 5 Interesting Token Sale Projects to Look at in February and March appeared first on Bitcoinist.com.

‘Very Hard to Regulate Cryptocurrency,’ Says US Lawmaker

The post ‘Very Hard to Regulate Cryptocurrency,’ Says US Lawmaker appeared first on CCN

US lawmakers may be eager to regulate cryptocurrency, but they’re quickly finding that it’s easier said than done. In an interview with Fox Business, House Representative David Schweikert (R-AZ) said that regulators must focus their efforts on application-level oversight of the cryptocurrency markets, as the underlying technology is “very hard” to regulate. “It’s actually very

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New Jersey High School Offering Lessons In Cryptocurrency and Blockchain

Union Catholic High School in Scotch Plains, New Jersey is teaching its students about cryptocurrencies. Mr. Tim Breza’s Business and Personal Finance Class is the focus of a CNBC documentary that is showcasing how cryptocurrencies like Bitcoin and associated blockchain technologies are being introduced and taught in high school and college classrooms. Mr. Breza, a 28-year-old … Continue reading New Jersey High School Offering Lessons In Cryptocurrency and Blockchain

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You Can Now Tokenize Yourself

You Can Now Tokenize YourselfThe future was meant to involve flying cars and jetpacks. Instead, it involves tokenizing yourself on the blockchain. It was Andy Warhol who famously observed that in the future everyone will be famous for 15 minutes. That fame, it now appears, may come in the form of the ultimate crypto vanity project: tokenizing yourself and […]

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Finland to Auction 2,000 Bitcoins Seized in Silk Road-Linked Drug Busts

The post Finland to Auction 2,000 Bitcoins Seized in Silk Road-Linked Drug Busts appeared first on CCN

Finland’s government is preparing to hold its first Bitcoin auction. The Treasury Department has recommended that the government auction off the approximately 2,000 BTC it seized in connection with drug busts nearly two years ago, according to a report from Finnish-language media outlet Helsingin Sanomat. “We recommend public auction for the [sale of the] bitcoins.

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Bitcoin for Boobs – Who’s Currency Is Failing Now, Carney?

Bitcoin can be a virtual minefield of information for a newbie, but ‘Bitcoin for Boobs’ aims to… No, wait a minute. You can now buy body modification for bitcoin and ethereum at a plastic surgery clinic in Houston, Texas. Seriously, What Can’t You Buy with Bitcoin? The list is becoming shorter and shorter, and thanks to Memorial Plastic Surgery in the good ole US of A, we can now cross boobs off that list. And

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Could US Law Enforcement Benefit from Storing Cryptocurrency Seizures on a Blockchain?

As cryptocurrency usage becomes more widespread both above and below the law, various authorities are increasingly required to perform seizures on funds used in criminal cases. Thanks to the various anonymity properties of digital coins, however, it’s proving difficult to track these forfeitures. This lack of transparency leaves critics of the government musing over the … Continue reading Could US Law Enforcement Benefit from Storing Cryptocurrency Seizures on a Blockchain?

The post Could US Law Enforcement Benefit from Storing Cryptocurrency Seizures on a Blockchain? appeared first on NewsBTC.

PR: Bitcoin Holders, Please Claim Your BCP and BCPC, as They Will Be on Exchanges Soon

Claim Your Bitcoin ParallelThe mainchain energy coin BCP and the sidechain clearance coin BCPC belongs to Bitcoin’s Parallel Ecosystem. All Bitcoin holders of BTC chain at the block height 507,000 on January 30th 2018 have the privilege to claim their BCP and BCPC coins for free from February 12th 2018.

The claiming rate started from 1 BCP and 1,000 BCPC per BTC and would decrease afterwards day by day. 24 hours after 9:00:00 GMT February 12, 2018, BCP and BCPC has entered into a phase that is reduced by 2% every 24 hours. Then after being decreased to 50%, the distribution rate will enter into the second phase, decreasing by 1% every week until it finally becomes zero. Therefore, Bitcoin holders who have not yet claim the coins please visit our official website to apply for coin claim as soon as possible, as the amount of BCP and BCPC claimable will decrease every day.

The post PR: Bitcoin Holders, Please Claim Your BCP and BCPC, as They Will Be on Exchanges Soon appeared first on Bitcoin News.

Bafin Clarifies Stance on ICOs as More Germans Ask About Tokens

Bafin Clarifies Stance on ICOs As More Germans Ask About TokensGermany’s financial regulator has clarified its position on initial coin offerings. Bafin admitted it was receiving many inquiries about the status of tokens and cryptocurrencies distributed to investors through ICOs. The federal agency advised interested parties to refer to regulations applicable to traditional financial instruments and comply with current requirements. A new survey found out […]

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Augmented Reality Company CryptoHunt Announce Token Sale to Fund Platform Development

The post Augmented Reality Company CryptoHunt Announce Token Sale to Fund Platform Development appeared first on CCN

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Cryptohunt has announced a TGE, as well as a demo of their AR based video game. The demo will be playable on Android and iOS platforms alike, providing

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Hackers Cryptojack Tesla’s Cloud to Mine Monero

The post Hackers Cryptojack Tesla’s Cloud to Mine Monero appeared first on CCN

According to RedLock, a boutique tech security consultancy, crypto-jacking is set to become one of the biggest security concerns for enterprise computing worldwide. RedLock’s latest research noted a changing security context; one that underpins a changing landscape from data theft to computational power theft. Tesla, a RedLock client, was reportedly a victim of a serious crypto-jacking

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