Saturday, May 25Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

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Please share if you find this article interesting. Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain Altcoin TRON (TRX) launched a beta version of its independent public blockchain at 12 am UTC, today May 31, according to a press release shared with Cointelegraph. Tron is currently the tenth largest cryptocurrency by market capitalization. The move to Tron’s MainNet – also dubbed Odyssey 2.0 – is part of a transition away from the Ethereum (ETH) blockchain, which currently underpins the cryptocurrency’s network. According to the press release, MainNet’s beta testing period will span most of June. The full launch of the network’s Genesis block is set to take place on June 25, styled ‘Independence Day’ by the TRON foundation. Token ‘migration’ wil
Mary Meeker’s 2018 Internet Trends Report Shows Interest in Crypto ‘Exploding’

Mary Meeker’s 2018 Internet Trends Report Shows Interest in Crypto ‘Exploding’

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Please share if you find this article interesting. Mary Meeker’s 2018 Internet Trends Report Shows Interest in Crypto ‘Exploding’ Former Wall Street analyst Mary Meeker’s well-known annual Internet Trends report for 2018, published May 30, shows interest in cryptocurrency “exploding” since January of last year. The report also highlights that a course on Bitcoin (BTC) and cryptocurrency technologies made it into the top 10 most popular university classes in 2017. According to the report, “Bitcoin & Cryptocurrency Technologies” was one of the top courses of 2017 at Princeton University. The Internet Trends report, which was compiled by with help from Kleiner Perkins Partners, Hillhouse Capital, writes that it “use[s] data to tell stories of business-related trends we focus on. We
Spain: Innovation-Aimed Crypto Regulation Wins Cross-Party Support in Congress

Spain: Innovation-Aimed Crypto Regulation Wins Cross-Party Support in Congress

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Please share if you find this article interesting. Spain: Innovation-Aimed Crypto Regulation Wins Cross-Party Support in Congress Draft legislation that would favorably regulate blockchain technology and cryptocurrencies has received unanimous support in the Spanish Congress, Europa Press reported yesterday, May 30. The draft initiative, agreed upon with the majority parliamentary party Partido Popular (People’s Party), won the support of all parties present at the House Finance and Public Function Committee meeting on Wednesday.   The document calls for a review of regulations pertaining to cryptocurrencies such as Bitcoin (BTC), as well as to blockchain, proposing to introduce the technology to the Spanish market through “controlled testing environments,” commonly referred to a
Blockchain Fitness App Partners with Dallas Mavericks as Launch Nears

Blockchain Fitness App Partners with Dallas Mavericks as Launch Nears

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Please share if you find this article interesting. Blockchain Fitness App Partners with Dallas Mavericks as Launch Nears A blockchain-based app that motivates people to exercise and lead healthier lives has unveiled new partnerships with a major sports star and professional basketball team as it edges closer to launch. The Lympo app incentivizes everyday users to meet fitness goals – such as burning calories or paying frequent visits to the gym – and they are rewarded with a specially created crypto token when these achievements are reached. Its fitness wallet can be connected to an array of health apps and wearable devices, helping to end fragmentation in the marketplace and enabling users to benefit from an overall view of their progress. The LYM tokens they receive as a reward
ASUS to Release 20 Graphics Card ‘Mining Master’ Motherboard in Fall 2018

ASUS to Release 20 Graphics Card ‘Mining Master’ Motherboard in Fall 2018

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Please share if you find this article interesting. ASUS to Release 20 Graphics Card ‘Mining Master’ Motherboard in Fall 2018 U.S. hardware manufacturer ASUS formally announced the release of its “second generation” cryptocurrency mining motherboard on May 30. The new product, dubbed the H370 Mining Master Motherboard, sees the company attempt to corner the increasingly crowded market by targeting high-demand users. It follows the release of the B250 Mining Expert in August 2017. ASUS meanwhile said plans to launch its new offering in North America beginning in Q3 2018. “Since its release last year, the ASUS B250 Mining Expert made ambitious cryptocurrency hobbyist farms more accessible and industrial-scale operations more efficient,” an accompanying press release states, continui
Watch Out Crypto Exchanges, Decentralization Is Coming

Watch Out Crypto Exchanges, Decentralization Is Coming

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Watch Out Crypto Exchanges, Decentralization Is Coming Tom Goldenberg is a senior engineer at BCG Platinion | MAYA Design and founder of Blockchain Panel NYC. The views expressed here are his own. Cryptocurrency exchanges operate in a fluctuating industry that is bracing for change.With changes in regulation and customer sentiment rapidly shifting, it is anybody's guess what will happen in the next two to five years.Notably, a few big players – both centralized and custodial in nature – handle the bulk of trading volume for the $381 billion-worth of the world's crypto assets. Source: Coinhills.com In general, we can classify exchanges into three groups: Custodial exchanges Non-custodial exchanges Decentralized exchanges (DEXs) Of
Hong Kong: Central Bank Digital Currency ‘not Clearly Superior to’ Existing Infrastructure

Hong Kong: Central Bank Digital Currency ‘not Clearly Superior to’ Existing Infrastructure

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Please share if you find this article interesting. Hong Kong: Central Bank Digital Currency ‘not Clearly Superior to’ Existing Infrastructure Hong Kong will not currently issue a central bank digital currency (CBDC), citing the existence of already efficient payment infrastructure, according to a government press release published yesterday, May 30. Joseph Chan, the Acting Secretary for Financial Services and the Treasury in the Legislative Council, said in response to questions about both the People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) issuing digital currencies that although the HKMA is monitoring cryptocurrency development globally, they have “no plan to issue CBDC at this stage.” According to Chan, the Committee on Payments and Market Infrastruct
US: Inventor Of Beats Headphones Applies To SEC For $300 Mln ICO

US: Inventor Of Beats Headphones Applies To SEC For $300 Mln ICO

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Please share if you find this article interesting. US: Inventor Of Beats Headphones Applies To SEC For $300 Mln ICO Embattled headphone manufacturer Monster Products Inc. has applied to U.S. regulators to launch a giant $300 mln Initial Coin Offering (ICO), a Securities and Exchange Commission (SEC) filing signed May 25 confirms. Monster, which began trading in 1978 but in recent years became infamous for signing away the rights to its Beats headphones, now plans to issue 500 mln Monster Money Network (MMNY) tokens, selling 60% in its ICO. The SEC filing represents a registration of MMNY tokens as possible securities under U.S. law. The proceeds will go towards the creation of a platform, based on the Ethereum blockchain, to allow investors to use tokens for purchases, which Mons...
Going Up? Bitcoin Price Sets Sights on New Resistance

Going Up? Bitcoin Price Sets Sights on New Resistance

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Going Up? Bitcoin Price Sets Sights on New Resistance Bitcoin (BTC) is working its way through the key supply zone above $7,500 and could test resistance at $7,870 in the next 24 hours, the technical charts indicate. The cryptocurrency looked primed for a corrective rally yesterday, having created a bullish outside-day candle on Tuesday. However, the bulls had a tough time absorbing supply around 50-candle moving average (MA) on the 4-hour chart, located yesterday at $7,550. The repeated failure to beat the moving average hurdle ended in a downside break of the diamond pattern. The subsequent sell-off ran out of steam at $7,270, and led to a convincing move above the 50-candle MA, seen today at $7,441. As of writing, BTC is chang
Stock Trading App Removes Crypto Price Tracking After Debut

Stock Trading App Removes Crypto Price Tracking After Debut

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Stock Trading App Removes Crypto Price Tracking After Debut A popular Chinese mobile stock trading app appears to have removed its cryptocurrency price tracking feature just two weeks after the new service went live – possibly due to regulatory rumblings in the country. Reports first emerged on May 17 that the app – called Tong Huashun (or "Straight Flush" in literal translation) – had added the crypto-asset price tracking feature in its iOS version. The service offered a real-time price index for major cryptocurrencies by market capitalization, such as bitcoin, bitcoin cash, ethereum, XRP and litecoin, though did not provide in-app crypto trading. According to the company's 2017 financial statement filed with the Shenzhen Stock