Author Archives: creative

California State Senator Promotes Blockchain Bill For Recording Stock Information

California State Senator advances bill that would allow corporations to record stock data, such as issuances and transfers, on a Blockchain. Last week, Senator Bob Hertzberg (D), who represents California’s 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial information platform Equities.com reported April 23. SB 838 would allow corporations to apply “Blockchain technology or one or more distributed networks” to record and keep the “names of all of the corporation’s stockholders of record, the address and number of shares registered in the […]

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Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism

One of bitcoin’s leading luminaries, Vinny Lingham has an opinion on everything and an uncanny ability to sense market movements, earning him the moniker of Bitcoin Oracle. News.Bitcoin.com caught up with the serial entrepreneur to get his thoughts on bitcoin cash, Lightning Network, token models and more. Also read: Five Reasons Why Bitcoin Cash is About to Win Big Vinny Lingham on Regulation On April 20, over 1,000 delegates gathered at the Fairmont in Santa Monica for Start Engine’s ICO Summit 2.0. The event began sharply at 8:30am, […]

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Binance And Crypto Savannah Partner To Bolster Ugandan Economy

Major crypto exchange Binance partners with Ugandan Crypto Savannah Blockchain innovation hub to support the country’s economy. Leading global cryptocurrency exchange Binance has recently partnered with Ugandan Blockchain organization Crypto Savannah in order to support economic development of the East African country, according to a tweet from Binance CEO Changpeng Zhao April 22. @binance will partner with @cryptosavannah @AggieKonde @HelenHaiyu to support Uganda’s economic transformation and youth employment through blockchain, embracing the 4th industrial revolution. We will do this by creating thousands of jobs and bringing investments […]

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Half of the ICO Money in Russia Went to Pyramids

Russian ICOs attracted a total of $300 million last year but half of the funds went to financial pyramids, according to the Russian Association of Cryptocurrencies and Blockchain. The organization that represents the crypto community in the country is now working on an ICO standard to help investors distinguish real projects from fraudulent schemes. Russian ICOs account for 10% of global volume. Also read: Russia’s Supreme Court Overturns Decision to Block Bitcoin Website Russia Expects Up To $1.5 Billion from Coin Offerings At least $150 million dollars […]

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Suspect In Iceland Bitcoin Mining Heist Arrested in Amsterdam

The Icelandic fugitive connected to a burglary of Bitcoin mining hardware has been arrested in Amsterdam. An Icelandic fugitive suspected in a major theft of Bitcoin mining equipment earlier this year was arrested by Amsterdam police, the Associated Press reported April 23. Stefánsson fled the low-security ‘open prison’ Sogni on April 17 and flew to Sweden. He reportedly used another man’s passport when he boarded a flight at Keflavik International Airport. He had been under detention since the beginning of February for involvement in a series of […]

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Tim Draper Says Bitcoin Is Bigger Than The Industrial Revolution In Debate With Skeptics

American VC investor and famous Bitcoin bull Tim Draper argues during a debate with Bitcoin skeptics that the technology is “bigger than the internet”. American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin (BTC) is “bigger than the internet,” and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23. During the debate – which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and against two crypto […]

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British Finance Expert To Sue Facebook For Scam Cryptocurrency Ads

Martin Lewis, a prominent financial journalist and consumer finance expert, is set to issue High Court proceedings against Facebook for advertisements using his face and name. Martin Lewis, an English finance journalist and money-saving expert, is set to issue High Court proceedings against Facebook Monday April 23, accusing the social network of defamation related to deceptive cryptocurrency advertisements, according to Lewis’s blog post on April 20. Lewis will launch legal action against the company claiming that within the last year the social platform has published more than […]

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Kraken: NY Attorney General’s Inquiry ‘Publicity Stunt,’ Japan’s VC Act ‘Good Example’

Crypto exchange Kraken has detailed a general overview of their position on regulation while explaining their negative response to NY Attorney General’s inquiry. Crypto exchange Kraken has responded to the New York Attorney General’s (NYAG) inquiry launched last week into cryptocurrency exchanges, calling the initiative a “publicity stunt,” and referring to Japan’s virtual currencies act as a “good example” of “relatively” reasonable regulation, according to a blog post April 22. Attorney General (AG) Eric T. Schneiderman launched the “Virtual Markets Integrity Initiative” on April 17 by sending […]

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 23

Technical analysis on top 9 cryptocurrencies. 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. Cryptocurrency and the Blockchain technology has been attracting a large number of Wall Street executives to the industry. The latest addition is the former financial regulator, Gary Gensler, who was the Chairman of Commodity […]

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Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially

Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becoming one of the most powerful computational systems in the world. Also read: Play Music on Jukebox.cash – a Bitcoin Cash Infused Global Playlist BTC Mining Hashrate Unphazed by ‘Crypto Winter’ There has been a massive decline in fiat […]

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