Monthly Archives: July 2018

Bitcoin Graffiti: How the Economic Revolution Has Painted the Streets

As bitcoin and the idea of decentralized technologies continue to disrupt the economy there’s been a new wave of artists that use the cryptocurrency’s symbolism in many different ways. Some of these creators are fairly unknown and use graffiti to describe the revolutionary aspects of bitcoin in the rebellious form of street art.     Also read: Privacy-Centric ‘Bob Wallet’ Adds Bitcoin Cash Support Over the past few years bitcoin and cryptocurrencies have become popular and last year the technology entered a new phase of attention as a […]

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Platform for Enterprise Blockchain Adoption Nets $45 Mln From A16ZCrypto, Binance

A California-based startup is seeking to make blockchain more business-friendly amid mixed opinions of its prospective uptake. Blockchain cloud computing platform Oasis Labs announced July 9 that it has raised $45 mln from major investors as part of its plan to help companies adopt blockchain. In a press release, Oasis, which has University of California professor Dawn Song as its CEO and co-founder, described its plans to build a “decentralized internet” by resolving businesses’ “concerns” about implementing the technology. “Blockchains are poised to revolutionize much of the […]

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Stop Looking for the Next Bitcoin

Did you hear about the next bitcoin? There’s this little-known cryptocurrency that experts are tipping to be bigger than bitcoin. This is your chance to get in on the ground floor and join the next great wealth creation event. You might have missed bitcoin and ethereum, but you haven’t missed the boat, because the next bitcoin is right here. But quick! You’ll need to get in fast before the masses find out. Also read: Kumamoto Electric Company and OZ Mining Corporation to Start Mining in Southern Japan X […]

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‘First Universal Wallet’ Supports EOS Mainnet and Offers Free Account Name Registration

sponsored The company behind the “world’s first” multi-asset, universal wallet has started supporting the EOS mainnet — and is offering the free registration of EOS account names. The company behind the “world’s first” multi-asset, universal wallet that can store multiple cryptocurrencies and tokens has started supporting the EOS mainnet — and is offering free registration of EOS account names as part of a campaign running from July 6-18. Infinito Wallet, which began supporting EOS on June 7, says its special offer is on a first-come, first-served basis. […]

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Indian Crypto Exchanges Forge Ahead With Solutions to RBI Ban

Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban in Effect The crypto banking ban by the Reserve Bank of India (RBI) went into effect at the end of last week. The central bank issued a circular three months ago, banning all financial institutions under its control from […]

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Czech Firm Reveals $100 Mln Venture Fund for Israeli Startups With ‘Emphasis’ on Blockchain

Blockchain startups in Israel are the main focus of a new venture fund from Benson Oak, local media reports. Investment banking firm Benson Oak revealed it would pump “around $100 mln” into Israel-based startups with an “emphasis” on blockchain, local Israeli news outlet the Jerusalem Post reported today, July 9. The Czech-headquartered giant’s subsidiary Benson Oak Ventures will focus specifically on the Israeli market. Having already raised $25 mln, a further $75 mln is expected, with the company expressing its belief in the potential of both Israel […]

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The Daily: Bitmain Valued at $12 Billion, New US Crypto Exchange Opens for Business

In today’s edition of Bitcoin in Brief we cover how Bitmain’s valuation reached $12 billion, the opening of a new US-based crypto exchange, and Binance’s decision to donate $1 million to flood victims in Japan. Additionally, we explore what parts of the current crypto ecosystem Vitalik Buterin hates. Also Read: Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims Bitmain Valued at $12 Billion Bitmain Technologies Ltd., the Beijing-headquartered bitcoin mining machines (ASIC chips) producer, has raised up to $400 million in its latest […]

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Kumamoto Electric Company and OZ Mining Corporation to Start Mining in Southern Japan

Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020. Also read: Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner Kumamoto Electric Power Company to Offer Cheap Rates Kumamoto City in the Kumamoto Prefecture are located on the Kyushu island in southern Japan. Kumamoto Electric Power Company is also set on spreading crypto mining factories throughout Japan, according to a statement, […]

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Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?

Bitcoin is the most used cryptocurrency as money, but its rivals are more usable. It’s no secret that most mainstream economists don’t think too highly of cryptocurrencies. Not only have Bitcoin, Ethereum and the rest produced the “greatest bubble in history,” but they’re “neither a serious method of payment nor a good way to store capital” — at least according to the Bank of America and Nouriel “Dr Doom” Roubini, respectively. However, while traditional financial experts have spent countless hours complaining that the volatility of cryptocurrencies renders […]

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Policy Easing, New Crypto Classification in South Korea

South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Policy Easing South Korea has been actively revising and updating […]

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