Monthly Archives: May 2018

“It Never Was a Security”: Ethereum Under The Regulatory Spotlight

Ethereum is under the spotlight of US regulators that are considering whether the cryptocurrency should be classed as a security. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. Ethereum (ETH), the second largest cryptocurrency by market capitalization, is facing scrutiny from American regulators this month. The cryptocurrency is subject to a looming enquiry by the US Securities […]

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Cryptocurrency Bets Surge at Kentucky Derby

Betting with cryptocurrencies has grown significantly, including at the most famous US horse race, the Kentucky Derby. Using them to place bets on some of the web’s largest sportsbooks yields a number of benefits such as no fees and more frequent withdrawals. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rising Trend of Crypto Bets International online horse racing news service US Racing recently reported “a non-insignificant trend in cryptocurrency being used to place wagers on the Kentucky Derby,” which is taking place at Churchill Downs […]

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How to Create a Bitcoin Paper Wallet or Paper Bill

Bitcoin might be digital but it’s equally suited to being stored and shared in the analogue world. Whether you’re looking for a way to safely store your coins, to issue paper bills that are made out to a specific bitcoin address and amount, paper is your friend. A printer and a little know-how is all it takes. Also read: The Idiot-Proof Vault: A Simple Cold Storage Guide Why Create a Paper Wallet? Exchange accounts can be hacked, mobile wallets breached, and smartphones lost, stolen or destroyed. But paper? […]

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EOSIO Announces Dawn 4.0 Update, Full Release Slated For June

The Dawn 4.0 update of EOSIO platform claims to allow DApps running on different blockchains to purchase unused RAM from each other. Block.one CTO Daniel Larimer has announced the release of EOSIO Dawn 4.0, the latest version of the architecture of EOSIO platform for decentralized applications (DApps). The update includes a number of changes in preparation for the full launch of EOSIO 1.0 in June, according to Larimer’s Medium post Saturday, May 5. Block.one is an open source software publisher currently working on EOSIO, a decentralized operating […]

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Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining Farms

State news agency Telesur reports Venezuela president Nicolás Maduro has announced formation of a youth bank funded by the country’s recently launched cryptocurrency, the Petro. Mr. Maduro also took the opportunity to urge countrymen to continue mining its state-backed digital money, including creation of mining farms. Also read: Only 1% of Business CIOs are Actually Using ”Blockchain” Technology Venezuela’s President Creates Crypto Funded Youth Bank Embattled Venezuelan president Nicolás Maduro, ahead of a contentious May 20 national election, has launched a ‘youth bank,’ funded by the state-backed […]

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Bitcoin Magazine’s Week in Review: Putting Blockchain Tech on the Map

The Lightning Network continues to make news and Bitcoin Magazine’s latest cover story looks at what the future might hold for the innovative technology. Also new this week, BTC Media’s highly anticipated 2018 “Map of the Blockchain/Crypto Ecosystem” was also unveiled. It’s full of creative visual treats highlighting the state of the sector and its explosive growth. Developing interest and commitment to blockchain technology is also continuing to grow around the world. In the Middle East, the Mobility Open Blockchain Initiative (MOBI) was announced at the Dubai-hosted […]

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Another Indian Company Challenges Ban on Crypto Banking

RBI’s ban on crypto-related banking services has been challenged again. Maharashtra-based Flintstone Technologies has turned to the High Court in Delhi to seek withdrawal of the April 6 circular issued by the Reserve Bank of India, calling it “arbitrary, unfair and unconstitutional.” The company points out that the central bank has not provided any reasons for the imposed restrictions. Also read: Indian Investors Flock to Trade Crypto Ahead of RBI Ban RBI’s Ban Faces another Challenge An Indian crypto trading company has raised another challenge to the […]

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BTC Tantalizingly Close To Smashing $10K Globally, Already There On Asian Markets

Crypto markets are consolidating a rally to levels not seen since early March, with BTC brushing $10k and total market cap at $470 bln. Saturday, May 5 : All eyes are on the markets this week as they consolidate a rally to levels not seen since early March, with Ethereum (ETH) and Bitcoin (BTC) leading the way, as data from Coin360 shows. – Market visualization by Coin360 Bitcoin (BTC) has been tantalizingly close to breaking the $10,000 threshold, trading at $9,942 to press time, and as high […]

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Everyone in This Village Now Owns Cryptocurrency

In a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space All Residents Own Crypto In the Ukrainian village of Elizavetovka of the Petrykivsky district in the Dnipropetrovsk region, all residents reportedly now own some crypto, according to local media. At a recent […]

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Pro-BTC Wall St Analyst Urges Not To Buy Crypto Now, Despite Recent Rally

The first Wall Street brokerage analyst to cover BTC extensively has urged investors to think twice before entering the crypto market, despite recent rallies. Nick Colas, the first Wall Street brokerage analyst to cover Bitcoin (BTC) extensively, has urged investors to think twice before entering the crypto market, despite the market’s recent rally, in an interview with CNBC May 4. Colas has a well established reputation among Wall Street professionals, having authored Convergex’s popular Morning Markets Briefing for 14 years. He refuted the idea that in the […]

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