Thursday, December 13Your Daily Bitcoin & Altcoin News Portal

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CryptoGirl
Omni Layer Fork Called ‘Wormhole’ Debuts for Bitcoin Cash – Bitcoin News

Omni Layer Fork Called ‘Wormhole’ Debuts for Bitcoin Cash – Bitcoin News

BITCOIN
Please share if you find this article interesting. Omni Layer Fork Called 'Wormhole' Debuts for Bitcoin Cash - Bitcoin News News According to a report on the social media platform Yours.org, software developers associated with the mining giant Bitmain plan on launching a smart contract protocol for the Bitcoin Cash (BCH) network. The project called ‘Wormhole’ will utilize the increased data-carrier-size and OP_Return transactions alongside a protocol based on the Omni Layer project. Also read: Group or Tokeda? A Look at the BCH Color Coin Debate Bitmain Developers Debut the Omni Layer-Forked Wormhole Protocol for Bitcoin Cash On July 16 a report written on the platform Yours.org detailed that Bitmain developers are in the midst of creating a smart contract system for the Bit
CryptoGirl
Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom – Bitcoin News

Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom – Bitcoin News

BITCOIN
Please share if you find this article interesting. Change.org Petition Attempts to Fight for Ross Ulbricht's Freedom - Bitcoin News News After being denied a post-conviction relief extension in February 2018, Ross Ulbricht’s family and legal team filed a Petition of Certiorari with the U.S. Supreme Court based on constitutional violations in the investigation and at sentencing. The petition was supported by 21 organizations, however, the Court denied Ulbricht’s petition on June 28. The fight to free Ross Ulbricht, 33, is now reinforced with a new petition created on Change.org, 3 days ago by FreeRoss.org. There are currently 6,242+ signatures and the petition aims at reaching 7,500. Also read: Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition “It’s Not
CryptoGirl
Boeing to Develop Blockchain-Enabled Unmanned Vehicles in New Partnership

Boeing to Develop Blockchain-Enabled Unmanned Vehicles in New Partnership

BITCOIN
Please share if you find this article interesting. Boeing to Develop Blockchain-Enabled Unmanned Vehicles in New Partnership Boeing is partnering with an artificial intelligence (AI) company to develop pilotless vehicles and other products using blockchain, it announced in a press release July 17. Texas-based SparkCognition, a company which Boeing invested in in a $32 million funding round last month, will work with the aviation giant on a platform which will track unmanned air vehicles and allocate flight corridors. As a byproduct of this development, the partnership “will also provide a standardized programming interface to support package delivery, industrial inspection and other commercial applications,” the press release explains. A buoyant SparkCognition CEO Amir Husain sa
CryptoGirl
UK Set to Become a Blockchain and Crypto Economy Leader, New Report Says

UK Set to Become a Blockchain and Crypto Economy Leader, New Report Says

BITCOIN
Please share if you find this article interesting. UK Set to Become a Blockchain and Crypto Economy Leader, New Report Says A new report states the UK has the potential to become a leader in blockchain technology and the crypto economy by 2022, The Guardian reported July 16. The new report was conducted by the Big Innovation Centre, DAG Global, and Deep Knowledge Analytics, all companies aimed to connect business, academic, and public agencies to provide insights on new innovative technologies. According to the group’s analysis, Britain has the governmental, technological, and industrial resources to become a leader in the crypto economic ecosystem  and a global hub for the development of blockchain technology within the next few years. The report states that more than £500 mill
CryptoGirl
IT Giant Oracle Confirms General Release of Its Blockchain Cloud Service

IT Giant Oracle Confirms General Release of Its Blockchain Cloud Service

BITCOIN
Please share if you find this article interesting. IT Giant Oracle Confirms General Release of Its Blockchain Cloud Service US computer technology multinational Oracle confirmed the general release of its blockchain platform in an official press release July 16. The launch follows a series of trials with banking, business and government clients. Oracle Blockchain Cloud Service (OBCS) focuses on transaction efficiency and supply chain authentication, using Hyperledger Fabric as its basis. Existing users of a pre-release version of the product include Arab Jordan Investment Bank (AJIB), Indian Oil and Nigeria Customs, according to the press release. “Blockchain promises to be one of the most transformative technologies of our generation,” Oracle Cloud Platform executive vice presi
CryptoGirl
US Ranked Top Destination for Coin Offerings, Majority of ICOs Identified as Scams – Bitcoin News

US Ranked Top Destination for Coin Offerings, Majority of ICOs Identified as Scams – Bitcoin News

BITCOIN
Please share if you find this article interesting. US Ranked Top Destination for Coin Offerings, Majority of ICOs Identified as Scams - Bitcoin News Crowdfunding The US remains a leading destination for ICO projects according to a new study that also ranks Switzerland and Singapore in the top three. The report notes that authorities in other jurisdictions, like Russia and Estonia, are working to adopt favorable regulations in order to attract more crypto startups. The findings coincide with another study identifying 78% of all ICOs as scams. Also read: Less Than Half of ICOs Survive Four Months After Sale, Study Finds A Third of the Largest ICOs Held in the US Despite regulatory uncertainty, the United States has established itself as the leading destination for companies co...
CryptoGirl
Bitcoin Price Retakes Key Moving Average for First Time in Two Months

Bitcoin Price Retakes Key Moving Average for First Time in Two Months

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Price Retakes Key Moving Average for First Time in Two Months Bitcoin (BTC) scaled the crucial 50-day moving average (MA) on Monday for the first time in nearly two months, taking its price above $6,700. The corrective rally picked up a pace 24 hours ago, possibly due to reports stating that BlackRock, INC – the world's largest asset manager and exchange-traded fund (ETF) provider – is considering venturing into cryptocurrency markets. Later in the day, BlackRock CEO Larry Fink clarified rumors by stating that there isn't a huge demand for cryptocurrencies.  Still, BTC remained bid and closed (as per UTC) above the 20-day MA for the first time since May 20, validating the argument that a short-term bottom has been made at
CryptoGirl
New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption

New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption

BITCOIN
Please share if you find this article interesting. New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption A startup blockchain company, with a team featuring former executives from Samsung Electronics, have unveiled plans to invigorate the way cryptocurrency mining is performed – creating an infrastructure designed to enhance profit and help blockchain technology become more prolific in everyday life. 12SHIPS says it wants to tackle some of the issues that miners currently face as they use air cooling systems. The company claims many of the methods used at present are incredibly energy intensive and create dust – byproducts which have a detrimental effect on the performance of semiconductor chips. To maximize their output, the firm is introducing an immer
CryptoGirl
Largest Association of Investment Professionals Adds Crypto to Curriculum – Bitcoin News

Largest Association of Investment Professionals Adds Crypto to Curriculum – Bitcoin News

BITCOIN
Please share if you find this article interesting. Largest Association of Investment Professionals Adds Crypto to Curriculum - Bitcoin News Finance CFA Institute, with over 150,000 members, is adding cryptocurrency topics to its curriculum for the first time. The course material will be released in August. A record 227,031 people in 91 countries and territories reportedly registered to take CFA exams this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Added to CFA Curriculum The world’s largest association of investment professionals, CFA Institute, “is adding topics on cryptocurrencies and blockchain to its Level I and II curriculums for the first time next year,” Bloomberg reported. A global, not-for-profit organization, CFA Institute offers a