Monthly Archives: May 2018

Cblocks Moves to Canada Citing Regulatory Hurdles

Miami-based Cblocks has announced that it will relocate to Canada, citing a lack of regulatory clarity regarding cryptocurrency in the United States as the principal catalyst for the move. Also Read: South Korean Top Regulator Considers Easing Cryptocurrency Regulations Cblocks to Relocate to Canada Cblocks, a Miami-based company that generated $32,000 in a month through selling beginner traders mystery boxes of assorted cryptocurrencies, has announced its intention to move to Canada. Cblocks has cited regulatory hurdles as the principal reason for the relocation, claiming that lawyers from two […]

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Munger Scales New Metaphorical Heights With Bitcoin Bashing, Compares Crypto To Organ Trading

Charlie Munger has further embellished his uniquely imaginative vision of BTC, comparing cryptocurrencies to “trading freshly harvested baby brains.” Charlie Munger’s uniquely imaginative vision of Bitcoin (BTC) was given yet a further twist today, as the Berkshire Hathaway vice chairman compared cryptocurrency trading to dealing in “freshly harvested baby brains.” During an interview with Yahoo Finance May 7, Munger was asked if there were anything he could recognize of value in the crypto phenomenon. He replied: “The computer science behind Bitcoin is a great triumph of the […]

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Japanese Investment Matchmaking Platform To Make Humans ‘Financially Autonomous’

sponsored A Japanese venture says its mission is to make investments and the crypto market available to everyone – regardless of their background and wealth. As of autumn 2017, assets under management by the hedge fund industry were estimated at $2.5 tln. A Japanese venture is set to reshape this booming marketplace through Blockchain technology, and aims to challenge the handful of dominant players in the sector by seizing a 1 percent share of the sector.     SPINDLE, which plans to connect cryptocurrency hedge funds and users […]

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ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against Offerings

Mike Finch, the co-founder of ICO Alert, has discussed the present state of the initial coin offering (ICO) industry. Mr. Finch shared his assessment that although the social media advertising ban has had a significant adverse effect upon the performance of promotional campaigns for ICOs, the number of new ICOs brought to market has significantly risen when compared with last year. In other ICO news, regulators in Colorado are investigating two companies that it believes have unlawfully promoted ICOs to Colorado citizens. Also Read: 46% of Last Year’s […]

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Breaking Bitcoin Conference Heading for Lisbon This Summer as “Building on Bitcoin”

The Breaking Bitcoin conference, first organized last summer in Paris, is returning for its second edition under the name “Building on Bitcoin,” this time in Lisbon. While the event in the French capital was centered around security, the one in the Portuguese capital will focus on second-layer technologies and other creative uses of the Bitcoin protocol. “The Bitcoin blockchain is pretty limited in terms of features and flexibility; many newcomers think you can’t build anything with it,” Chainsmiths managing director and conference co-organizer Kevin Loaec told Bitcoin […]

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Coincheck Resumes Monero Withdrawals and Sales

Japanese exchange Coincheck has announced partial resumption of operations with Monero. Its clients will be able to withdraw and sell XMR, but purchases are still unavailable. All previous requests for transactions have been canceled and users will have to initiate new transfers. They will be required to confirm the destination address, and state the purpose of each transaction.  Also read: Coincheck Recorded Profit Despite the Hack While Victims Hit with Taxes Identity Verification Introduced Hacked Japanese exchange Coincheck has announced it is partially resuming operations with the […]

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GlobalData: South Korea Among the World’s Leading Markets for Blockchain Technology

The blockchain is widely considered to be one of the most revolutionary forms of technology in modern society. While it is typically used for recording financial transactions in real time, the blockchain is also being studied and explored by enterprises around the world for its abilities to store additional data in a safe and cost-effective manner. According to leading data and analytics firm GlobalData, South Korea is a solid leader in the blockchain community. Businesses like Korea Telecom (KT), for example, are already working to determine how […]

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Australia: Disused Coal Plant To Become ‘Blockchain Applications Complex’

A new partnership worth almost $200 mln AUD is looking to source cheap power to mine Bitcoin in Australian power station for ten years. Two blockchain companies have partnered to launch a $190 mln Bitcoin mining operation in a disused coal plant in Australia. The deal was confirmed in an official announcement May 7. In a statement on the Australian Securities Exchange (ASX) Australian startup IoT Blockchain and mining hardware distributor Royalti Blockchain Group revealed their joint plan to build a mining complex in a disused power […]

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PR: Acorn Collective – How the Blockchain Is Being Blended with Crowdfunding, and Making Staggering Results

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Prior to the revolution of the World Wide Web, entrepreneurs with big dreams would have to jump through hoops to secure funding from venture capitalists or bank loans, and local community projects would have to source cash donations or government backing to […]

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Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could

Bitcoin is something Bill Gates “would short if there was an easy way to do it,” he has told CNBC this week. Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.” In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself. “As an asset class, you’re […]

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