Monthly Archives: July 2018

Google Co-Founder Sergey Brin Reveals He Is an Ethereum Miner

Google’s co-founder Sergey Brin has made the surprise revelation that he is an Ethereum miner, calling the crypto global network “extraordinary.” Google’s co-founder Sergey Brin made the surprise revelation that he is an Ethereum (ETH) miner at the Blockchain Summit in Morocco Sunday, July 8. Brin is currently the president of Alphabet, Google’s parent company which formed as part of the tech giant’s restructuring back in 2015, but his “side hustle” is apparently mining the world’s second largest cryptocurrency, Ethereum, together with his 10-year old son. Brin […]

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Trading Opens on Huobi’s New US-Based ‘Strategic Partner’ HBUS

Huobi, currently the world’s third largest crypto exchange, has opened trading on its newly created U.S.-based “strategic partner” HBUS. Huobi crypto exchange has opened trading on its newly created U.S.-based “strategic partner” HBUS, according to a press release shared with Cointelegraph today, July 10. Huobi’s new cryptocurrency marketplace comes via a San Francisco-based partner company called HBUS, whose creation was first announced in early June. As of 10 a.m. (Pacific Time) today, HBUS is live for trading, supporting 22 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), […]

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People’s Bank Of China Vice Governor: ‘We Must Remain Vigilant’ and Stop Rogue ICOs

China has doubled down on its zero-tolerance policy towards ICOs, which it says it will “crush” if they attempt to operate in the country. The People’s Bank of China (PBoC) doubled down on its rhetoric regarding ICOs July 9, warning those who attempt to serve Chinese residents that it would “crush” their operations. In a circular and subsequent report in local media outlet Yicai, the Chinese central bank’s vice governor Pan Gongsheng strongly reiterated the ongoing ban on ICOs and the need to uphold regulatory mandates. “We […]

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Malta to Host ‘World’s First ICCO’ as Palladium, Bittrex Build New Crypto Exchange

Palladium plans to use its ICCO to raise funds for a cryptocurrency exchange, investments and acquiring part of a European bank. Malta-based company Palladium will launch the world’s first so-called initial convertible coin offering (ICCO) with two partners including Bittrex, a press release announced July 10. Palladium, which wants to build a regulated cryptocurrency exchange in Malta, will seek to distribute $150 million in tokens in the ICCO, scheduled to begin July 25. The exchange, which will operate under full regulation of Malta’s increasingly crypto-friendly jurisdiction, will […]

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PR: DECOIN.IO Crosses Soft Cap with Exciting Developments on the Horizon

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. The high growth rates seen in the crypto space over the first half of 2018 have been exceeded in June, a month that saw a spike and tremendous rise in investor interest towards ICO that could offer real potential value to investors. […]

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Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose Momentum

Digital asset markets have failed to surpass heavy resistance over the weekend, and during the early morning trading sessions on Tuesday, July 10, as well. The top cryptocurrencies have slid in value once again as Bitcoin Core (BTC) has tumbled to $6,377 after touching the $6,830 region. Meanwhile, Bitcoin Cash (BCH) prices hovered around $785 per coin a few days ago but the price has dropped to $696 since that vantage point. Overall the leading digital currencies are down between 4-15 percent in value over the past […]

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Augur Launches Decentralized Prediction Marketplace

Augur, a blockchain-based predictions platform, has opened to the general public. The platform becomes the “world’s first” decentralized prediction-market platform. Augur was created by the Forecast Foundation, a not-for-profit corporation whose goal is to build “open-source, public forecasting tools.” Prediction markets — which are a general type of financial market — have long been dominated by the likes of Paddy Power and DraftKings, which are centrally owned, operated and regulated.   This centralization causes all kinds of problems, such as restrictions for users in certain regions, higher […]

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Payment Service CoinGate Launches Bitcoin Lightning Network Pilot for 100 Merchants

CoinGate, a payment gateway, will allow 100 merchants to trial a Bitcoin Lightning Network version of their service. Cryptocurrency payment gateway CoinGate is launching a pilot program for 100 merchants to test transactions on a Bitcoin Lightning Network (LN) variant of their service, according to news shared with Cointelegraph today, July 10 According to CoinGate’s blog post, the merchants taking part in the LN trial include esports betting websites, online stores with crypto merchandise, servers and hosting services, and adult entertainment websites. The post notes that Lightning […]

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Crypto Markets Take Deep Plunge, Market Cap Back to Monthly Lows

Crypto markets have taken a deep plunge after ten days of somewhat stable growth, Bitcoin is back to around $6,400. Tuesday, July 10: crypto markets have taken a deep plunge today, after a week of relatively stable growth. All but one of the top 20 cryptocurrencies by market cap are in the red, with total market capitalization going back to its monthly low levels. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,417 point at press time. The top cryptocurrency is down almost 6 percent […]

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NZ Exchange Cryptopia Starts Planned Maintenance Early, Users Report Withdrawal Issues

New Zealand crypto exchange Cryptopia brought its planned maintenance forwards this week, then encountered “unexpected issues” requiring investigation. New Zealand digital assets exchange Cryptopia raised concern this week among users after bringing its planned maintenance window forwards “due to unforeseen circumstances.” The announcement was made on the platform’s Twitter account yesterday, July 9. The emergency outage, instigated ahead of schedule, raised yet further questions when it took rather longer than the expected “90 minutes,” which Cryptopia said was because of “unexpected issues” that required further investigation. Although […]

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