Monthly Archives: July 2018

World’s Number Four Telecoms Provider Files Blockchain Contract Storage Paten

Japan’s Nippon Telegraph and Telephone is mulling over using blockchain for contract storage, a patent filing reveals. The world’s fourth-largest telecoms provider, Japan’s Nippon Telegraph and Telephone (NTT), has filed a patent for using blockchain tech for contract agreement, according to a U.S. Trademark and Patent Office (USPTO) release on July 19. NTT’s patent application writes that a problem with contracts on blockchain is that each transactions “contains only the electronic signature of the sender” as the “evidence of contract agreement by the receiver is not left […]

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‘I’d Like to See Us Test $5,000’: BitMEX CEO Pragmatic on Bitcoin Price Rise

Arthur Hayes of BitMEX has countered hype surrounding this week’s Bitcoin price rise, warning the “worst” is still to come. Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have been scrabbling for explanations since Wednesday, July 17, when Bitcoin’s price jumped from $6700 to $7500 in under an hour. For Hayes, however, the behavior is all too familiar, siding with bearish […]

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Coinmarketcap Responds to Accusations of Aiding Wash Trading

Coinmarketcap (CMC), the web’s most popular cryptocurrency tracker website, has responded to accusations that it is implicit in supporting wash trading. This week, a platform called Crypto Exchange Ranks published detailed allegations of how CMC incentivizes exchanges to report fake volume. In a new blog post, Coinmarketcap has detailed its determination to support “transparency and clarity”. Also read: How Coinmarketcap Incentivizes Exchanges to Report Fake Volume Coinmarketcap Cleans Its Shop As news.Bitcoin.com reported yesterday, Coinmarketcap has been taking flak for blindly publishing suspicious data from certain crypto exchanges. […]

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PR: Cozystay Implements Blockchain Technology in the Vacation Rental Sharing Economy

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. Vancouver, BC, Canada – Cozystay Holdings Inc. (Cozystay) is excited to announce its partnership with Singapore-based Share Everything Lab Pte. Ltd. (SEL) to bring blockchain technology to the vacation-rental sharing economy. SEL is developing a protocol that will decentralize and revolutionize the […]

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Bitcoin Skeptic Peter Schiff to Joe Rogan: BTC Will Plummet, Voorhees Debate Rigged

At the hour and twenty four minute mark, slightly more than half way in their time together, famed bitcoin (BTC) skeptic Peter Schiff brought the conversation back to his favorite foil: cryptocurrencies are bunk. It was Mr. Schiff’s third appearance on The Joe Rogan Experience podcast, and he took the opportunity to blast the world’s most popular decentralized money, insist a recent debate between him and the CEO of Shapeshift on the subject was rigged, and how he believes BTC’s price will crash further to $1,000 and […]

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How Can Fiat Currencies Help?

Using Fiat Currencies Most of the industry leaders in Cryptocurrencies would agree that this new industry is here to stay and therefore we just need to embrace it and learn to understand and optimise the use of it. And if we want the industry to be as consistent and rewarding as possible then it is very necessary to also ensure that public Blockchains can use fiat currencies for their transactions. Especially now when the Cryptocurrency industry is still so new to so many people and vast majority […]

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Huobi Launches Huobi Cloud for Establishing and Operating Digital Assets Exchanges

Huobi Group has launched a new platform, Huobi Cloud, that allows users to build digital asset exchanges on top of Huobi’s existing platform. Huobi Group has announced the launch of a new platform, Huobi Cloud, that will allow users to build digital asset exchanges on top of Huobi’s existing platform. According to a statement shared with Cointelegraph, more than ten multinational companies have already become partners with Huobi Cloud. The new product is aimed at establishing over-the-counter (OTC) and digital asset exchanges. Partners will also be able […]

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Japan: Internal Affairs Minister Denies Involvement in Crypto-Related Gov’t Investigation

Japan’s Internal Affairs minister has denied pressuring a government investigation into the operation of an unregistered crypto exchange. Japan’s Internal affairs minister Seiko Noda has denied her involvement in a government investigation into the operation of a non-registered cryptocurrency exchange, local news outlet the Asahi Shimbun reported July 19. In January, the Financial Services Agency (FSA) reportedly suspected a Tokyo-based company of violating the law by operating a non-registered cryptocurrency exchange. The FSA requested a written response to its concerns from the company, arguing that it “did […]

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Decentralized Recruitment Marketplace to Protect Workers From Inflation

sponsored An alternative currency backed by labor hours promises to “uberize” real-world professions for hire and to eliminate the impact of inflation. Australia-based startup ChronoBank has launched the beta of LaborX, a decentralized marketplace for labor hiring. As the ChronoBank white paper claims, it aims to “revolutionize the short-term recruitment of real-world professions” by practically making any kind of work available on-demand — paid per hour, per day or even per second. The company currently focuses on tech personnel, but the principle can be extended to members […]

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Chip Manufacturer Cuts Revenue Forecast Due to Weak Demand for Crypto Miners, Again

Semiconductor and chip manufacturer TSMC lowered its annual revenue estimates again due to a weak demand for cryptocurrency miners. Taiwan Semiconductor Manufacturing Co. (TSMC), a leading producer of microchips, has decreased its annual revenue and capital expenditure estimates following growth rate reduction in the smartphone and cryptocurrency mining fields, Business Times reported July 19. TSMC produces chips for tech giants like Nvidia Corp., Apple Inc., and Qualcomm Inc. TSMC cut its revenue growth forecast for 2018 to “a high single digit percent” from ten percent, and lowered […]

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