Monthly Archives: October 2018

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled. On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are and have been processing as usual without the slightest interference. After some mild clarifications, tension is rising in the crypto community – the spread between Bitcoin prices on Bitfinex and other exchanges, […]

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The Daily: Huobi Unveils HUSD, New Cryptocurrency Loans Launch

It’s been a week for stablecoin stories in the crypto sphere, and while we’d like to have started the weekend on a different tack, Huobi’s effort was too intriguing not to share. We’ll also detail the latest cryptocurrency lending options in Saturday’s edition of The Daily and consider a topical Halloween costume for bitcoiners. Also read: Bitcoin Cash Merchant Directory Marco Coino Surpasses 500 Listings Stablecoins Get Meta With HUSD Stablecoin mania is spreading, and now it’s starting to get meta. Huobi, the world’s second-largest exchange by trading […]

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Bitcoin Intentions: Are We Aiming to Replace the Status Quo or Become Them?

When the idea of a working digital currency like bitcoin was introduced, many of its early adopters disliked the current bureaucratic system, with a cartel of bankers pulling the world’s monetary strings. Over time, however, something weird has happened and the idea of permissionless innovation perverted into people literally asking nation states for permission, begging for ETFs, and creating a settlement layer for the ‘new 1%.’ Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty Bitcoin Changed Everything — But Some People Want to Pervert the Original […]

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Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook

During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase in demand for its 7-nanometer processing chips from the high-end smartphone industry. Also Read: $50 Million Bitcoin Mining Farm Opens in Armenia TSMC Anticipates Weakened Fourth Quarter Growth Lora Ho, the chief financial officer and senior vice president of finance for TMSC, predicts that declining demand […]

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Wendy McElroy: Crypto Anarchism and Civil Society – The Technology is the Revolution

The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 3 Crypto Anarchism and Civil Society. The Technology is the Revolution. by Wendy McElroy Not only is democracy mystical nonsense, it is also immoral. If one man has no right to impose his wishes on another, then ten million men have no right to impose their wishes on the one, since the initiation of force is wrong (and the assent of even the most overwhelming majority can never make […]

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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight

With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U.S. officials clamp down on unscrupulous coin offerings and crypto companies. Instead, stablecoins crowded headlines this week, as tether — among others — had difficulties retaining its peg, and top exchanges rolled out support for some of the asset class’ regulatory-compliant newcomers. All the while, developers remind us that, even in bear markets, the tools of innovation continue to work […]

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Ethereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019

Ethereum (ETH) core developers have reached a consensus to delay a planned hard fork of the protocol , dubbed “Constantinople,” until January 2019. Ethereum (ETH) core developers have reached a consensus to delay a planned hard fork of the protocol until January 2019, in a meeting Friday, Oct. 19. The fork, dubbed “Constantinople,” was first trialed on Ethereum public testnet Ropsten on Oct. 13, and had been slated to be activated on the main Ethereum blockchain by the end of Oct.-Nov. this year. A testnet is essentially […]

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The Home GPU Mining Dream Is Dead – What To Do Next?

talking about the falling profits and inevitable end of home GPU mining. Sign up with coinbase. buy or sell 100 dollars in crypto currency and get 10 dollars of bitcoin for free with this link to coinbase. https://www.coinbase.com/join/59ab37900671d100b3c25cc5 Want to donate to the channel? Donate Litecoin and send me an email saying how much you sent and I’ll try to thank you at the end of the next video! https://steemit.com/@mrsotko Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum donation address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin donation address: 144vfND4SGhYxyjAWKHBETGncuwdYKmoyG mrsotko@gmail.com Powered by WPeMatico

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Blockchain Tutorial #64 – How To Receive Monero Wallet

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Ernst & Young Report: One Year on, ICOs’ Fate Is ‘Worse Than We Thought’

Big Four auditor EY’s report has found that 86% of 2017 ICO tokens are currently trading below their listing price, with 30% having lost “substantially all value.” A new report published Oct. 19 by Big Four auditor Ernst and Young has found that initial coin offerings (ICOs) that raised capital in 2017 have done “little to inspire confidence” one year on. The report, which is dedicated to what EY dubs the “The Class of 2017,” revisits the same projects the firm first analyzed back in Dec. 2017; […]

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