Monthly Archives: June 2018

PR: EO Obtains Licenses for Crypto-Fiat Exchange and Wallet as Its Initial Coin Sale Continues

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. EO, a four-platform-ecosystem has obtained two licenses to for its upcoming crypto fiat exchange and wallet. This makes it one of the first crypto-based companies to receive a license prior to launching of its crypto products and it can officially allow the […]

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To Better Organize, Decentralize: Matan Field of DAOstack

It’s time to move past the inefficiency of antiquated organizational structures, and blockchains are the key. So say the creators of DAOstack, a solution that’s designed to intuitively move people into systems of decentralized governance and away from the traditional top-down hierarchies that predominate the planet today. DAOstack CEO Matan Field was the featured guest on Episode #237 of Epicenter, joining hosts Brian Fabian Crain and Sébastien Couture for a deep dive into his personal journey with, and considerable ambitions for, the company he co-founded. It’s the […]

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Data Shows Switch From ‘Hodlers’ to Speculators in Bitcoin in Last 6 Months

Chainalysis data shows new trends in Bitcoin ownership, with short-term speculators now nearly equalling long-term investors. Data from Chainalysis shows that the amount of Bitcoin owned by long-term investors is now almost equalled by short-term speculators, according to Financial Times report June 8. Chainalysis is a blockchain research company that analyzes “connections between entities on the Bitcoin blockchain.” Since December 2017, the amount of Bitcoin held by day traders has risen to 5.1 mln BTC, almost equaling the amount held by long-term investors — those who have […]

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Bitcoin Set to Challenge Downtrend in ‘Next Couple of Days’, Says Fundstrat Advisor

According to Robert Sluymer of Fundstrat Global Advisors, Bitcoin is set to hit “very” important price levels “literally in the next couple of days.” Robert Sluymer of Fundstrat Global Advisors spoke to CNBC Thursday, June 7, about his view that Bitcoin (BTC) is set up for a price breakout in the near future. During a Bitcoin price explanation, Sluymer said that he believes there is “some very important levels coming up for Bitcoin literally in the next couple of days.” Even though Bitcoin’s price had failed to […]

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Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro

This week three luxury apartments located in Budva, Montenegro sold for 420 BTC (3.2Mn USD) according to Notary Office and the firm Astra Montenegro Investment Association (AMIA). Furthermore, the AMIA has been successfully promoting the use of digital currencies in Budva and has convinced the neighboring Dukley hotel, Beach Lounge, and Marina to accept BTC. Also Read: Mike Hearn’s Crowdfunding Project Has Been Resurrected — Meet Lighthouse.cash Montenegro Real Estate, and Three Establishments Welcome Cryptocurrency Acceptance Three apartments have sold in the region of Budva, Montenegro, a country […]

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‘Chinese Google’ Baidu to Release Interstellar Blockchain Game

Chinese search engine giant Baidu will be launching an interstellar blockchain game that allow users to build planets and travel through space. Chinese search engine Baidu has created a blockchain-based game called “Du Yuzhou” (The Universe) where users will receive “elements” to build their own planets while using blockchain features, Coindesk reports Friday, June 8. The website announces an “open blockchain interplanetary journey,” describing the game as “a magical world made up of all kinds of rare elements” with each user having a “unique planet” that can […]

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Bitcoin in Brief Friday: Bitpanda Offers New Coins, Microsoft Dips Data Center in the Sea

In today’s Bitcoin in Brief we cover a recent announcement by a leading European crypto exchange – Bitpanda is adding two new coins, IOTA and Komodo. While on the Old Continent, Microsoft has immersed a whole data center off the coast of Scotland. And in Japan, a startup uses artificial intelligence, augmented reality and blockchain technology to create a “virtual human agent.” Also read: Bitcoin in Brief Thursday: New Tech and a Quick Way to Make a Fortune in Crypto Bitpanda Lists IOTA and Komodo Bitpanda, one […]

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Fortune: R3 Blockchain Consortium Is ‘Running out of Money’, Director Denies Rumors

Fortune has reported that blockchain consortium R3 is facing financial troubles based on claims from former employees, while R3 denies the allegations. While last year R3 had implied that the company had a larger goal of raising $200 mln in funding, R3 told Fortune that the figure came from a now-cancelled plan to sell a stake in a research subsidiary. The unnamed former R3 employees told Fortune that the consortium’s internal financial targets are “10X short” of their revenue, with the figure described as “laughably off.” Charley […]

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Cryptocurrency Not Yet Usable as Money, Russian Rating Agency Concludes

A Russian credit rating agency has released a report finding cryptocurrency not yet ready to be used as a means of payment. A report from Russian Analytic Credit Rating Agency (ARCA) released Thursday, June 7, states that cryptocurrency is not yet usable as a means of payment. According to ARCA, cryptocurrency “does not currently fully perform any of the functions of money” as the exchange rate volatility is too high — comparable with the volatility of food prices — to allow it to be efficient as payment. […]

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Alipay’s Parent Company Secures $14 Bln for Blockchain Development

Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform. Alipay’s operator Ant International has entered into “definitive agreements” with investors to secure $14 bln in a Series C equity financing round. The money will be spent to pursue blockchain and technological innovation, according to a company announcement today, June 8th. Recently valued as high as $150 bln, China’s Ant International plans to invest the capital in accelerating Alipay’s blockchain, artificial intelligence (AI), security, and Internet […]

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