Please share if you find this article interesting. Bitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the Closet - Bitcoin News The Daily In today’s Bitcoin in Brief we’re talking about big money and big expectations. While the ratio between bulls and bears is constantly changing in the crypto market arena, experts working with venture capital investments and large crypto trades report positive trends and share optimistic sentiments. On that backdrop, “Why is our digital society still using a yellow metal to store value?” is a good question. Bitcoin to Reach $90k in Two Years, Potentially $700k The future of Bitcoin was one of the hot topics at this year’s Sohn Investment Conference. The leading cryptocurrency is the first viable candidate to replace gold a
Please share if you find this article interesting. PR: First Cryptocurrency with an Encrypted Reference Line Can Now Be Traded (RECO) - Bitcoin News 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. A new cryptocurrency has recently become available. It is called RECO, which stands for “reference line coin”. It is the first cryptocurrency that offers the ability to send the recipient an encrypted reference line when making transactions. “This is unique and new,” says Christian Kassler, developer of the RECO cryptocurrency and
Please share if you find this article interesting. Blockchain Project To Make Affiliate And Referral Marketing Accessible To All Businesses A new platform is using Blockchain to make smart marketing programs affordable and practical for small and medium-sized businesses. Gagapay Network says word-of-mouth marketing is one of the most powerful tools around for establishing a loyal base of frequent customers – with research by Nielsen suggesting 89 percent of shoppers trust recommendations from people they know above everything else. Despite this, the start-up argues that too few companies are embracing this technique – often because they have no understanding of which strategy will yield the best results or lack the time and manpower to manage and track a program. In its white pap
Please share if you find this article interesting. Georgia Has Become Eurasia's Cryptocurrency Mining Epicenter - Bitcoin News Mining Typically when people think of bitcoin mining operations they look to countries like Iceland and mainland China. However, most people do not know that the small country of Georgia, a region of Eurasia, is ranked the second most profitable area in the world for cryptocurrency mining just below China. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Cryptocurrency Miners Are Flocking to the Small Country of Georgia The country of Georgia is well-known for its wine, but these days the region has also become known for its blossoming cryptocurrency mining hub where entrepreneurs are looking to profit. Geo
Please share if you find this article interesting. Exchanges Suspend ERC20 Token Deposits After Discovery of Smart Contract Bug - Bitcoin News Security Ethereum’s smart contract bugs just keep on coming. Exchanges including Okex, Poloniex, Coinone, and Hitbtc today suspended deposits of ERC20 tokens following the discovery of a batch overflow bug written into the smart contracts governing numerous coins. The news comes in the same week that the ethereum community voted against restoring the lost ether that was locked up in the Parity smart contract bug last year. Also read: Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs Ethereum Tokens Battle a Nasty Bug Creating an ethereum token that is free from exploitable bugs is a lot harder than it sounds. Earlie
Please share if you find this article interesting. The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters Bitcoin's limited supply is about to get a bit more limited. Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming day, data from Blockchain.info shows, a development that would mark yet another milestone for the world's first cryptocurrency. That's because as per bitcoin's current rules, only 21 million bitcoin can ever be created. Stepping back, the milestone, the first million-bitcoin marker to be crossed since mid-2016, is perhaps noteworthy as yet another reminder of the technology's core computer science achievement - digital scarcity created and enabled by shared software. In short, bitcoin's code, since clon...
Please share if you find this article interesting. Chilean Anti-Monopoly Court Orders Banks To Re-Open Crypto Exchange’s Accounts Major Chilean cryptocurrency exchange Buda has persuaded a court to order the re-opening of its accounts at two major Chilean banks, Bloomberg reports April 25. Chile’s anti-monopoly court published the ruling on its website, ordering state bank Banco del Estado de Chile and Itau Corpbanca to re-open Buda’s accounts while the exchange’s lawsuit continues against 10 banks, including the aforementioned two. Buda sued the banks after what it said was an “unjustified” closing of its accounts. Earlier this month, a group of exchanges in Chile filed legal action against the banks’ decision to shut down their accounts. Buda, Orionx, and CrytpoMarket say that
Please share if you find this article interesting. Spanish BBVA Becomes First Global Bank To Issue Loan Using Blockchain Banco Bilbao Vizcaya Argentaria (BBVA) became the first global bank to issue a loan using Blockchain technology, FT reports April 25. The Spanish multinational bank said it conducted the entire loan process, from the negotiation of terms to the signing, on a mutually distributed ledger that informed both the bank and the borrower of the loan’s progress. Using Blockchain reportedly cut the negotiation time for the €75 mln loan from “days to hours”. BBVA called the process a “significant advance in the exploitation of [distributed ledger] technology”. BBVA CEO Carlos Torres Vila said that the bank had “several more transactions in the immediate pipeline”, and tha
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 25 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. A survey by Thomson Reuters shows that one in five financial institutions is planning to start cryptocurrency trading within the next 12 months. The survey included large banks, hedge funds and asset managers. This will probably mean a huge flood of fresh money will vie for the limited number of digital cryptocurrencies. Goldman Sachs has ...
Please share if you find this article interesting. Security Firms Offer Protection for Crypto Traders in Moscow - Bitcoin News Security Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia. Also read: Chinese Merchants in Moscow Convert Most of Their Cash to Crypto Bitcoin Worth Millions Snatched By Crypto Crooks Several security companies in the Russian capital are now offering protection services to people trading cryptocurrencies offline. Deals often take place right on the street and involve crypto transactions