Monthly Archives: July 2018

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. Bitcoin and cryptocurrency mining is usually off limits to those who cannot afford the expensive mining computers […]

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Texas State Securities Board Issues Cease and Desist Order to Crypto Promoters

The Texas State Securities Board has taken emergency action against a network of fraudulent crypto-related firms. The Texas State Securities Board (SSB) has issued an emergency cease and desist order to a network of cryptocurrency-related firms, the SSB announced in an official statement July 12. SSB commissioner Travis J. Iles took emergency action on July 11, suspending a group of crypto-related companies that allegedly offered fraudulent crypto investments to state residents. According to the order, the companies are immediately suspended from offering securities in Texas until the […]

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Tether Announces Appointment of New Chief Compliance Officer

Tether has announced the appointed of Leonardo Real, a former anti-money laundering (AML) quality control manager at Bank of Montreal, as the company’s new chief compliance officer (CSO). The announcement comes just one week after Phil Potter, one of Tether’s directors, announced that he will be leaving sister company, Bitfinex. Also Read: Japanese Police Seize Cryptocurrency for Parking Violations Tether Announces New CCO Leonardo Real, former AML control manager of Canada’s fourth-largest financial institution, Bank of Montreal, has been announced as Tether’s new chief compliance officer. A press […]

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Op-Ed: Bitcoin’s Roots in the Great Law of Peace

Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. With steady increase in value over the years, this new invention of money has established its position in finance. The gold rush pushed by the price explosion reached its peak at the end of 2017. Halfway into this year, bitcoin has moved into a bear market. As the price plunged, followed by exchange […]

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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert

When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. For example, the unpredictable value swings can cause coin holders, savvy and suckers alike, to suffer life-changing losses. An exchange can get hacked and attacked, allowing hard-won earnings to vanish into the coffers of criminals without a trace. The blockchain, in all its beauty, is gobbling up power as it grows, raising questions about its environmental impact as it drives decentralization. […]

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Nchain Group Granted Three New Blockchain Patents

The blockchain technologies research and development firm, Nchain, has acquired three new patents that have been issued by the European Patent Office. The company’s latest intellectual property invented by Nchain’s chief scientist, Dr. Craig Wright, cover “digital rights management using blockchain.” Also read: Mainstream Media Claims Bitcoin Burns More Energy Than Ireland – Does It? Nchain Acquires Three New Blockchain Patents Nchain says that the Bitcoin Cash (BCH) network has the ability to disintermediate the current intermediaries within our financial transactions. Digital rights management allows creators of […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 13

As some investors are leaving crypto, large institutional players are moving in, as they see value around the current price levels. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Recommending investors to sell their Bitcoin in December of last year was against the general consensus, especially considering the […]

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US DoJ Charges 12 Russian Officials With Cryptocurrency-Funded Elections ‘Interference’

The U.S. Department of Justice has charged 12 Russian intelligence officers with crypto-funded attempts to “interfere” in the 2016 U.S. presidential elections. The U.S. Department of Justice (DoJ) released an indictment on July 13 charging twelve Russian nationals with committing federal crimes — funded by cryptocurrencies — with the aim of “interfering” in the 2016 U.S. presidential elections. According to the DoJ’s announcement, Russian officials from two units of the Russian government’s Main Intelligence Directorate (GRU) used cryptocurrencies like Bitcoin (BTC) — which they allegedly mined and obtained […]

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Want to Develop Bitcoin Cash Apps? Bitcoin.com Has You Covered

This week Bitcoin.com is thrilled to announce a new platform called Developer.bitcoin.com. The web portal is dedicated to Bitcoin Cash (BCH) software developers and provides them with a wide variety of tools that can supercharge their workflow. We want the Bitcoin Cash network to change the world for the better and Bitcoin.com’s suite of developer applications allows anyone to produce world-class platforms within this innovative ecosystem. Also read: Crypto Phones, Spy Games, Binance CEO vs Vitalik Meet Bitcoin.com’s Developer Platform: Priming the Flames of Passionate Bitcoin Cash […]

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PR: Challenging Ethereum – DBX Public Chain Offers a New Business Application Model

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. As many of new public chains became available on mainnet this year and openly compete with blockchain product like Ethereum , 2018 has been known as ‘the first year of public chains’. Public chains have been drawing lots of attention in blockchain […]

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