Sunday, July 22Your Daily Bitcoin & Altcoin News Portal

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Bitcoin Fork SegWit2x Makes Enemies In Brazil, Argentina As 50 Sign Opposition Letter

Bitcoin Fork SegWit2x Makes Enemies In Brazil, Argentina As 50 Sign Opposition Letter

BITCOIN
Bitcoin Fork SegWit2x Makes Enemies In Brazil, Argentina As 50 Sign Opposition Letter A group of Latin American Bitcoin businesses and entities has issued a joint letter expressing “deepest concerns” over SegWit2x. The letter, signed by around 50 supporters from the Brazilian and Argentinian Bitcoin space, went live on Medium Wednesday. The collective “opposition” to the forthcoming Bitcoin hard fork is the the latest to come from the industry, which has already seen exchanges and others signal public condemnation. Last week, South Korea’s largest Bitcoin meetup released a similar open statement denouncing SegWit2x. “We do believe the NYA signatories have the best of intentions in attempting to improve Bitcoin’s protocol, and we also recognize the invaluable service historic
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Bitfinex to Terminate Services to US Retail Customers by November 9

Bitfinex to Terminate Services to US Retail Customers by November 9

BITCOIN
Bitfinex to Terminate Services to US Retail Customers by November 9 Markets and Prices Bitfinex has announced its plan to terminate all services for U.S. individual customers by November 9th 2017. Their announcement comprised a follow-up to a statement issued in August, which indicated the company was suspending all new requests for account verification from U.S. individuals. Also Read: The Controversy Surrounding Tether’s USD “Backing” Continues Bitfinex Will Suspend Trading, Deposits, and Withdrawal Services to U.S.-Based Customers Bitfinex will be terminating “trading, deposits and withdrawal functionality for all U.S. customers”, which will come into effect “no later than November 9, 2017.” The announcement urges all U.S.-based customers to withdraw their cryptocurrency to
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Fork Debate Drops to New Low, Outspoken Developer Lopp’s Home Surrounded by Police – Bitcoin News

Fork Debate Drops to New Low, Outspoken Developer Lopp’s Home Surrounded by Police – Bitcoin News

BITCOIN
Fork Debate Drops to New Low, Outspoken Developer Lopp's Home Surrounded by Police - Bitcoin News News Debate is a central part of the cryptocurrency community at large. Open forums such as Bitcoin.com have fostered mostly healthy fork debate about Bitcoin’s future. It appears at least one participant wished to stifle debate, and in a horrible way.  Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough Fork Debate Turns Ugly and Dangerous Online forums were bursting with outrage over a new low in the fork controversy popularly known as Segwit2x or the scaling debate. “They essentially tried to get him or his family killed, only takes a simple mistake and [you’re] dead, happens regularly with [SWAT]. Essentially attempted murder, IMO. Whoever did that to hi
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PR: Secure Identity Ledger Corporation Goes Direct to Consumer with Initial Coin Offering: New Blockchain Platform to Put Consumers in Control of Their Online Identities – Bitcoin News

PR: Secure Identity Ledger Corporation Goes Direct to Consumer with Initial Coin Offering: New Blockchain Platform to Put Consumers in Control of Their Online Identities – Bitcoin News

BITCOIN
PR: Secure Identity Ledger Corporation Goes Direct to Consumer with Initial Coin Offering: New Blockchain Platform to Put Consumers in Control of Their Online Identities - 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. FALLS CHURCH, Va., /PRNewswire/ — Secure Identity Ledger Corporation (SILC) ℠, the first digital identity platform for every person, business and machine, announced the opening of its Initial Coin Offering (ICO). The ICO is currently ongoing.Unlike other ICOs this year, SILC did not offer its tokens
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Moving Science, Meeting Needs, and Making Money With Zenome

Moving Science, Meeting Needs, and Making Money With Zenome

BITCOIN
Moving Science, Meeting Needs, and Making Money With Zenome Blockchain seems to be ubiquitous in the tech world, with countless ways for people to monetize information. This growing field of technology is used to build decentralized networks, and so it provides a platform for consumers to have access to and monetize personal data. There is a market, however, where substantial value has not been capitalized upon, though it is one of the fastest growing. This market is genomic data - the information coded into genes. Genetic information has increasingly immense value. The market capitalization in just 2010 was approximately $5.9 bln, analysts project growth to increase tenfold by 2020, crossing $60 bln. This growth rate has been driven largely by growth in genetic testing technology, ...
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Dutch Bank Flustered Over the Amount of Electricity Bitcoin Consumes – Bitcoin News

Dutch Bank Flustered Over the Amount of Electricity Bitcoin Consumes – Bitcoin News

BITCOIN
Dutch Bank Flustered Over the Amount of Electricity Bitcoin Consumes - Bitcoin News Featured Dutch bank ING is flustered over the fact bitcoin consumes so much energy. Recently, the bank released a report saying bitcoin transactions consume as much electricity as a house does in a month. They seem to believe this is problematic, since traditional electronic payment methods do not use near as much energy, according to the bank. They went on to say fiat cash will still be how people get paid and pay taxes.  Also read: Bitmex Exchange and Samourai Wallet Details Plans on How to Handle Upcoming Forks How Much Energy Bitcoin Consumes An ING senior economist, Teunis Brosens, explained why power usage is so high. “By making sure that verifying transactions is a costly business, the i
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Exodus Integrates Bitcoin Cash Into Their Multi-Asset Wallet – Bitcoin News

Exodus Integrates Bitcoin Cash Into Their Multi-Asset Wallet – Bitcoin News

BITCOIN
Exodus Integrates Bitcoin Cash Into Their Multi-Asset Wallet - Bitcoin News Wallets Exodus, a multi-asset wallet platform, just integrated Bitcoin Cash functionality. This makes a total of 16 digital assets a user can store on the Exodus wallet. The company press release said Bitcoin Cash along with ethereum classic were added after extensive testing.  Also read: Australian Bitcoin Adoption Increases Following Regulatory Amendments The site said, “In our latest update, Exodus welcomes Bitcoin Cash (BCH) and Ethereum Classic (ETC) to our family of assets. Thanks to our extensive testing community, both assets made it through our beta program and are now released for official Exodus support!” Why Bitcoin Cash now? News.Bitcoin.com reached out to co-founder of Exodus, JP Richardso
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Former Fed Chairman Ben Bernanke Believes Bitcoin Unlikely to Succeed

Former Fed Chairman Ben Bernanke Believes Bitcoin Unlikely to Succeed

BITCOIN
Former Fed Chairman Ben Bernanke Believes Bitcoin Unlikely to Succeed Ben Bernanke, the former Chairman of the Federal Reserve, made his views against Bitcoin clear at a conference organized by Ripple in Toronto. Echoing the views of J.P. Morgan CEO Jamie Dimon, Bernanke feels that the decentralized nature of Bitcoin, which puts it outside government control, will trigger its downfall. Speaking at Swell, a three day conference organized by Ripple in Toronto, Bernanke said: “Bitcoin is an attempt to replace fiat currency and evade regulation and government intervention. I don’t think that’s going to be a success.” He attributed the current run up in price of Bitcoin to its speculative nature and felt that Bitcoin hasn't proven itself as a transactional currency. In his opinion the
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Ethereum, Blockchain Can Help Building Decentralized Workforce Network

Ethereum, Blockchain Can Help Building Decentralized Workforce Network

BITCOIN
Ethereum, Blockchain Can Help Building Decentralized Workforce Network Today’s workforce is as centralized as it can possibly be. According to a report by census.gov, 51.6 percent of the US population works at large enterprises. In order to increase efficiency as far as possible, these corporations often have large headquarters and rigid lines of command. However, with the advent of the internet, there has been a strong shift away from this model, towards freelancing. This semi-decentralized type of work has made it possible to complete certain tasks much more efficiently. It also enabled businesses to massively cut costs by centralizing only key operations. Companies like Uber and Airbnb have already effectively applied this model and disrupted entire industries in the process. Rec
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The Digital Asset Exchange Huobi Pro Provides Users With Fork Plans – Bitcoin News

The Digital Asset Exchange Huobi Pro Provides Users With Fork Plans – Bitcoin News

BITCOIN
The Digital Asset Exchange Huobi Pro Provides Users With Fork Plans - Bitcoin News News Huobi the cryptocurrency exchange based in China announced its Segwit2x contingency plans for the firm’s trading platform Huobi Pro. The exchange details that it plans to support all the tokens that derive from the planned Segwit2x hard fork. Also read: JP Morgan Boss Can’t Stop Talking About Bitcoin — Calls Investors “Stupid” Huobi Pro Will Support All Coins Deriving from the Segwit2x Hard Fork On October 17 the trading platform Huobi Pro revealed its decision-making process concerning the upcoming fork scheduled for mid-November. The company says it remains dedicated to providing first-class digital asset trading services, and dealing with forks is no different. “Huobi Pro does not have th