Australian University Allows Students to Earn Ethereum from Campus Purchases An Australian university has partnered with Blockchain startup to offer Ethereum-based rewards program. Students at the University of New South Wales (UNSW) will soon be able to earn Ether tokens for purchases made on-campus. The program runs from October 6 to November 20, 2017. According to the startup’s managing director, Andrew Lowe, they are excited to monitor how the student members will respond to the program due to the sharp rise in the value of Ethereum. "Last month, the value of Ether rose by 30%, so we're excited to see how members respond to this type of loyalty currency vs. traditional approaches such as points. We're confident they'll find it much more engaging, but the research will give us a
Coinmall Hopes to Build an Ebay for Digital Goods Powered by Cryptocurrency - Bitcoin News Services This week we looked at a new cryptocurrency-based marketplace called, Coinmall.io, a platform that allows users to purchase digital goods with bitcoin and litecoin. Further, news.Bitcoin.com discussed the marketplace platform with its founder, Yousef Abdulhassan, who explains the project recently launched its alpha version this month. Also Read: Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity Coinmall Launches Alpha Marketplace Offering Digital Goods for Cryptocurrencies Coinmall’s founder Yousef Abdulhassan explains that his new marketplace is a global, pseudonymous, and free market where users can buy and sell digital goods for cryptocurrencies. A
First World Fat Cat Jamie Dimon Doesn’t Understand Poverty, Bashes Bitcoin It’s said how little Jamie Dimon knows about the needs of people who live in the countries of South America, Central America, Africa and Asia. Dimon keeps finding new ways to show his lack of understanding of Bitcoin, and of the economic realities of most of the world’s population. He recently said: “If it can be done digitally with the Blockchain, so be it. But it will still be a dollar cryptocurrency. What I have an issue with is a non-fiat cryptocurrency. So crypto sterling, euro, yen, they are all fine. I don't personally understand the value of something that has no actual value.“ Fat cats For an American millionaire with a narrow view of the world, he may be right. But for the inhabitants of more than
Star Jets International Now Accepts Bitcoin Payments - Bitcoin News Featured Star Jets International LLC now accepts bitcoin payments for private jet flights. The company is a wholly owned subsidiary of Advanced Defense Technologies, Inc. Customers who use Star Jets get to leverage all the advantages of using a corporate jet, according to an Econotimes article. Also read: Bitcoin Cash Developers Propose New Address Format Furthermore, customers have access to over 5,000 jets domestically and roughly 15,000 across the globe. The company allowing bitcoin transactions may now open up a new realm of possibilities for the company along with a new customer base. Bitcoin is Becoming Increasingly Accepted The CEO of Star Jets, Ricky Sitomer, mentioned bitcoin is becoming a more widel
Lucyd Building Blockchain-fueled Smartglasses With Mass Appeal In the 2013 novel Memories with Maya by Clyde Dsouza, the plot revolves around the artificial intelligence based augmented reality (AR) smartglasses called Wizer. While we have read and seen a lot about AR in sci-fi, the truth is that the real world debut of AR-based smartglasses has been less than spectacular. The most popular product to date has been Google Glass, but even that has been discontinued by Google for a variety of reasons, although it was recently reintroduced with a limited focus on workplace efficiency. Meanwhile, Lucyd wants to streamline the way you do just about everything. Lucyd’s 13 exclusive AR patents hold a lot of promise and can enable us to use a more natural interface to communicate with the cl
Bitcoin, Ethereum, Litecoin: Price Analysis, October 19 The views and opinions expressed here are solely those of authors/contributors 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. * All the market data is provided by the HitBTC exchange. Market Analysis 19.10.2017 This week, Bitcoin has continued growing and reached new record highs at $5,885, then traded at $5,550 to $5,700. However, negative news followed by a correction also had an impact on the leading cryptocurrency. During trading time on Wednesday, Bitcoin dropped to $5,100 after the US Commodity Futures Trading Commision announced that tokens were to be equated with stock goods. If this happens, cry...
Tezos Founders Enter Legal Battle for Control of $400m in Raised Funds Altcoins Founded by husband and wife, Kathleen and Arthur Breitman, Tezos is a decentralized platform that hosts smart contracts that seeks to compete with ethereum. Tezos’ initial coin offering (ICO) did not have a cap on investment and raised approximately $232 million – at the time comprising the largest ICO crowdsale to date. The 65,703 bitcoins (BTC) and 361,122 ETH raised by the company is now worth more than $400 million USD. Also Read: Russian Regulators Consider Establishing a ‘Crypto-Detective Agency’ The Breitmans Are Reported to Be Attempting to Attain Greater Control Over Tezos’ Finances The Breitman couple has become embroiled in a legal dispute with Johan Gevers – the president of a Swiss foun
A Look at Five Different Cryptocurrency Hardware Wallets and Prices - Bitcoin News Hardware As bitcoin and alternative digital currencies grow more valuable, the demand for hardware wallets has grown significantly. Currently, there are a lot more options than when the first bitcoin hardware wallets came out and a lot more features. Here’s a look at some of the most popular cryptocurrency physical storage devices out on the market today. Also read: CEX.io and Unocoin Announce Fork Arrangements Hardware Wallet Advantages A cryptocurrency hardware wallet is a physical device that stores private keys in a protected area within the device. People appreciate hardware wallets because they act similarly to a paper wallet but are far more functional for spending and receiving purposes.
Caveat Emptor? Black Monday 30th Anniversary Sees Bitcoin Beating Bubble Fears Thursday marks the thirtieth anniversary of the infamous Black Monday on Wall Street, but for the crypto industry it’s “just Monday.” Oct. 19, 1986 still strikes fear into the hearts of die-hard bankers as the date of the single biggest one-day stock market collapse in history. ‘Suffering’ 23 percent losses, legacy finance quickly understood what happens when automated trading goes wrong. For Bitcoin and altcoin markets, however, 23 percent is an almost daily occurrence for one investor or another. As serial investor Alex Tapscott noted this week, any Monday could be a far worse Black Monday for Bitcoin, but the panic is comparatively negligible. 30th anniversary of Black Monday, when markets dropped 23%
Why Bitcoin and Crypto Market Cap will Hit $1 Trillion in 2018 So here is the thing that most people don’t understand is going on when it comes to crypto currencies, Bitcoin, Blockchain, and especially ICO’s. Many people are star-struck with the gains made in 2017 with $2 bln invested into ICOs and think this is a breakthrough moment. Let me tell you it is not. We haven’t seen anything yet as 2018 will dwarf 2017 advancements by a factor of x10 or x20. In 2018 there will be $20 bln to $25 bln invested in ICOs and it won’t stop there as the major pieces start to fall into place as the real big game unfolds. Then kaaaaBOOM! Heading to trillion The market cap if crypto will explode and pass $500 mln, and start to head to $1 tln. But how - I hear you say? Simply through institutional mo