Monday, July 22Your Daily Bitcoin & Altcoin News Portal

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Bitcoin Millionaire Erik Finman Challenges Jamie Dimon to a Boxing Match – Bitcoin News

Bitcoin Millionaire Erik Finman Challenges Jamie Dimon to a Boxing Match – Bitcoin News

BITCOIN
Bitcoin Millionaire Erik Finman Challenges Jamie Dimon to a Boxing Match - Bitcoin News Interview This past June news.Bitcoin.com reported on the entrepreneur, Erik Finman, who became a bitcoin millionaire at 18 years old. However, Finman became well known before making his first million when he put $1000 into bitcoin in May of 2011 that later turned out to be a really good investment.  Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Finman’s investment grew to be worth over $100,000, and he was able to create his own startup. He later sold the company in 2015 for 300 BTC when bitcoin was roughly $200 per coin. This June Finman said he day traded his bitcoins and gathered a total of 403 bitcoins, and when the price hit $2,710 per BTC, he
CryptoGirl
PR: Appian the World’s First Ethereum App Store Launches ICO – Bitcoin News

PR: Appian the World’s First Ethereum App Store Launches ICO – Bitcoin News

BITCOIN
PR: Appian the World’s First Ethereum App Store Launches ICO - 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. The highly anticipated Appian ICO has been set to launch today. The Appian team is building a revolutionary app store on top of the Ethereum blockchain. App stores have traditionally been centralized, like the Apple App Store or Google Play. Appian is completely changing that. Appian gives freedom to users and developers. Anyone can develop for the app store. Anyone can leave feedback for apps. Great apps
CryptoGirl
Bernanke: “Eventually Governments Will Take Any Action They Need to Prevent Bitcoin” – Bitcoin News

Bernanke: “Eventually Governments Will Take Any Action They Need to Prevent Bitcoin” – Bitcoin News

BITCOIN
Bernanke: "Eventually Governments Will Take Any Action They Need to Prevent Bitcoin" - Bitcoin News News Former Federal Reserve (Fed) Chairman Ben Bernanke’s recent comments about bitcoin and its network add to his growing list of hardening stances toward the world’s most popular cryptocurrency. No stranger to bitcoin, Mr. Bernanke has made several statements, at least one official, since its inception.   Also read: JP Morgan Boss Can’t Stop Talking About Bitcoin — Calls Investors “Stupid” Toronto, Canada is host to an invitation-only, exclusive event. Swell, a three day conference sponsored by Ripple, a real-time gross settlement program and favorite among mainstream banks, ends October 18. Billed as bringing “together leaders in banking and blockchain who are committed to ch
CryptoGirl
Wall Street Driving Bitcoin Price 6k Surge, Says Bloomberg

Wall Street Driving Bitcoin Price 6k Surge, Says Bloomberg

BITCOIN
Wall Street Driving Bitcoin Price 6k Surge, Says Bloomberg Wall Street is driving Bitcoin’s price rise this month according to Bloomberg, even as Goldman Sachs still picks gold over crypto. In comments on Bloomberg TV, the publication’s analyst Edward Robinson said bank clients are “knocking on the door” after seeing charts showing Bitcoin’s 2017 growth. He commented: “I think Wall Street may actually be responsible for driving the price, because it’s with every announcement that Wall Street is thinking of embracing Bitcoin as a new asset class that we start to see this surge.” The debate over Bitcoin’s attractiveness versus precious metals meanwhile is becoming a preoccupation for major investment bank Goldman Sachs. After its CEO suggested an open-minded approach to crypto earl
CryptoGirl
JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges

JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges

BITCOIN
JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges Markets and Prices CNY to bitcoin trading now accounts for approximately only 1% of all bitcoin trade occurring on exchanges, according to cryptocompare data. The Chinese cryptocurrency crackdown has drastically altered the global composition of bitcoin markets. 60% of bitcoin trading currently occurs through Japanese markets, with the U.S. and South Korean markets also comprising a significant share of the global bitcoin trade. Also Read: Preparing for the Bitcoin Hard Forks: A Step-By-Step Walk-through Japan Now Exerts Dominance Within the Bitcoin Markets Last week, news.Bitcoin.com published a story that explained Japanese bitcoin trading comprises approximately 60% of all volume. Japanese trading volume
CryptoGirl
Technologically Inept Football Manager Punts ICO

Technologically Inept Football Manager Punts ICO

BITCOIN
Technologically Inept Football Manager Punts ICO There have been a number of strange celebrity endorsements in recent months for ICOs, from Floyd Mayweather to Paris Hilton, but football manager Harry Redknapp seems to take the oddity-cake. Harry Redknapp, a famous face and name around English football, has tweeted - which is rare enough as it is - that he is “proper excited” about ICO Electroneum. Redknapp has stated publicly, when charged with a tax evasion charge in 2012, that he is technologically inept. At that time, he said he didn’t know how to work a computer, had never heard of email and had never sent a text message. ICO fever Celebrity endorsements have become quite regular for ICOs, with their details however remaining shaded. Stox, a prediction market ICO, used Floyd Ma
CryptoGirl
Fred Wilson Denies Crash Prediction But Stresses 3-5% Ideal Crypto Holdings

Fred Wilson Denies Crash Prediction But Stresses 3-5% Ideal Crypto Holdings

BITCOIN
Fred Wilson Denies Crash Prediction But Stresses 3-5% Ideal Crypto Holdings Serial investor Fred Wilson has hit back at press reports that traders should have “10-20 percent” of assets in cryptocurrency. In a blog post this weekend subsequently circulated by Bloomberg, Wilson, who is a famous advocate of crypto and has expressed caution on ICOs, said that around five percent is a more sensible upper limit. “I think that’s likely at the high end of what the average person should have, but I also think it’s not a ridiculous number for the average person to have,” he wrote. He added he himself had crypto investments amounting to around five percent of his portfolio. A previous post had been taken out of context, Wilson continued, by Twitter users incorrectly propagating the 10-20 perce
CryptoGirl
500 Million Users Affected Every Month By Pirates to Mine Cryptocurrency

500 Million Users Affected Every Month By Pirates to Mine Cryptocurrency

BITCOIN
500 Million Users Affected Every Month By Pirates to Mine Cryptocurrency Experts at AdGuard have suggested that the new phenomenon that has seen a couple of sites caught using website visitor’s CPU power to mine cryptocurrency, may in fact be a bigger issue than first believed. First there was illegal torrent site, The Pirate Bay, that was shown to be secretly mining Monero through Javascript; a way for them to increase their revenue separate from advertising. Then it was online streaming site, ShowTime, that also exhibited the same Javascript. However, the pirate mining pandemic seems to be much larger as AdGuard have suggested that over 220 sites are actively, and mostly secretly, doing it, affecting over half-a-billion users a month. Solving math problems Many of these sites, esp
CryptoGirl
Fork Wars: SWAT Team Targets BitGo’s Lopp in Suspected Bitcoin Troll

Fork Wars: SWAT Team Targets BitGo’s Lopp in Suspected Bitcoin Troll

BITCOIN
Fork Wars: SWAT Team Targets BitGo’s Lopp in Suspected Bitcoin Troll BitGo engineer Jameson Lopp reportedly received a visit from a police SWAT team, after the Bitcoin capacity debate turned personal. "In statements on Twitter, Lopp, who is well-known for his critical stance on Bitcoin forks, said a “fake hostage situation” led “dozens of cops with rifles” to his home Monday." While it is unknown what specifically sparked the escalation, Lopp immediately received support against what he called the “anonymous coward,” himself responding that he was “not so easily intimidated.” Dear anonymous coward who just sent dozens of cops w/ rifles to my house w/a false hostage situation report: I am not so easily intimidated. — Jameson Lopp (@lopp) October 16, 2017 Among those to take his si
CryptoGirl
Bitmex Exchange and Samourai Wallet Details Plans on How to Handle Upcoming Forks – Bitcoin News

Bitmex Exchange and Samourai Wallet Details Plans on How to Handle Upcoming Forks – Bitcoin News

BITCOIN
Bitmex Exchange and Samourai Wallet Details Plans on How to Handle Upcoming Forks - Bitcoin News Announcements Bitcoin Mercantile Exchange (Bitmex) and Samourai Wallet (Samourai) have each released details on action plans regarding the expected fork at block height 494,784. This mid-November triggering of Segregated Witness 2 (Segwit2x) is proving to be a battleground for passionate bitcoiners on all sides. Those hostile to the fork are themselves torn between outright refusal and suggestions for future acceptance.   Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough 494,784 and Samourai Wallet Out of London, privacy wallet proponents blasted Segwit2x as “not only a contentious and unneeded change to the current rules of Bitcoin,” The Local Talent Pub’s