Wednesday, August 22Your Daily Bitcoin & Altcoin News Portal
DST Global Denies Bitmain IPO Investment Few Days After SoftBank, Tencent’s Involvement Called Into Question

DST Global Denies Bitmain IPO Investment Few Days After SoftBank, Tencent’s Involvement Called Into Question

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Please share if you find this article interesting. DST Global Denies Bitmain IPO Investment Few Days After SoftBank, Tencent’s Involvement Called Into Question Investment firm DST Global has confirmed that it “has never invested” into the cryptocurrency mining giant Bitmain’s pre-IPO in an email to Cointelegraph August 21. Cointelegraph received an anonymous tip today, claiming that DST Global has not participated in Bitmain’s $400 million funding round earlier this year, despite reports to the contrary. After being asked to confirm the rumour, John Lindfors, a managing partner at DST Global, has said this in an email to Cointelegraph today: “I can confirm that DST has never invested in Bitmain.” The news follows days after another major player, Uber’s largest investor SoftBank
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Major Players Use Blockchain to Streamline Agribusiness’ Creaking Supply Chain

Major Players Use Blockchain to Streamline Agribusiness’ Creaking Supply Chain

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Please share if you find this article interesting. Major Players Use Blockchain to Streamline Agribusiness’ Creaking Supply Chain Agriculture is proving to be one of the most promising sectors for the growth and implementation of blockchain technologies. The mammoth industry suffers from a number of endemic issues. Agricultural trade relies on complex relationships between farmers and retailers, as well as convoluted supply chain procedures which can complicate payments and product providence. As demand for agricultural trade becomes increasingly international, suppliers and innovators alike are looking to bring the trade into the twenty first century by capitalising on blockchain’s distributed ledger technology. What blockchain can do for transparency and traceability One of blo
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Markets Update: BTC Shorts Approach Record Highs This Week – Bitcoin News

Markets Update: BTC Shorts Approach Record Highs This Week – Bitcoin News

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Please share if you find this article interesting. Markets Update: BTC Shorts Approach Record Highs This Week - Bitcoin News Market Updates Cryptocurrency markets have been consolidating after a few volatile spikes and subsequent dumps over the last few weeks. Now a lot of crypto-traders are uncertain what will happen next, but quite a lot of people are showing pessimism by betting against cryptocurrencies like BTC with short positions. At the moment, BTC/USD short positions on Bitfinex are slowly approaching the all-time high that took place this past April. Also read: Testing the Newly Transformed Non-Custodial Coinbase Wallet    BTC/USD Shorts Stack Up Last April, BTC/USD short positions on Bitfinex reached a high of over 40,000 and now market shorts are climbing awfully
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BlockShow Americas 2018 Day Two Kicks Off, Discusses Benefits of Crypto, Bitcoin ETF

BlockShow Americas 2018 Day Two Kicks Off, Discusses Benefits of Crypto, Bitcoin ETF

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Please share if you find this article interesting. BlockShow Americas 2018 Day Two Kicks Off, Discusses Benefits of Crypto, Bitcoin ETF BlockShow Americas 2018 has started yesterday in Las Vegas, bringing together more than 1,500 attendees and 80 speakers in the crypto and blockchain industries to discuss widely debated topics on the new technology and its impact on the global community. At the first day of the event on August 20, industry experts discussed major issues, including the new perspectives offered by the technologies and the question of interaction between major financial institutions and crypto, as well as the role of a proper regulatory approach to bring on the “blockchain future.” Specifically, BlockShow speakers expressed their stance at a number of panels such as
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IRS Offshore Amnesty is Closing, But Crypto Investors Still Have Time: Expert Take

IRS Offshore Amnesty is Closing, But Crypto Investors Still Have Time: Expert Take

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Please share if you find this article interesting. IRS Offshore Amnesty is Closing, But Crypto Investors Still Have Time: Expert Take 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. This text shouldn’t be considered as legal advice. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Tak
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Network Incompatibility Discussed After Bitcoin ABC Launches Latest Version – Bitcoin News

Network Incompatibility Discussed After Bitcoin ABC Launches Latest Version – Bitcoin News

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Please share if you find this article interesting. Network Incompatibility Discussed After Bitcoin ABC Launches Latest Version - Bitcoin News News On August 20, 2018, maintainers of the most used full node BCH client have announced the release of Bitcoin ABC version 0.18.0. The version release follows the recent announcement from the firm Nchain, who recently revealed they were launching a client called Bitcoin SV, but with completely different upgrade features. Also read: Fivebucks.com: Meet the Freelancer’s Marketplace Powered by Bitcoin Cash Bitcoin ABC Developers Launch Version 0.18.0 With Consensus Changes Even though Bitcoin ABC was late on delivery the developers released exactly what they initially described in the development team’s roadmap five days later on August
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Altcoins See Red, While Bitcoin Shows Dogged Resilience

Altcoins See Red, While Bitcoin Shows Dogged Resilience

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Please share if you find this article interesting. Altcoins See Red, While Bitcoin Shows Dogged Resilience The crypto markets are somewhat bearish today, August 21, with virtually all of the top twenty coins by market cap seeing losses of 3-6 percent on average, as Coin360 data shows. Bitcoin (BTC) continues to show relative resilience – the top coin nonetheless continues to trade below the $6,500 price point. Despite a short-lived market recovery August 17, most of this week has seen distinctly lacklustre price performance across the board. The hangover from mid-August’s market crash continues. Market visualization from Coin360 Bitcoin (BTC) is seeing virtually no change over the past 24 hours at press time, trading at around $6,400, according to Cointelegraph’s Bitcoin price i
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PR: Bithumb to Refund New Users up to 70% on Fees – Bitcoin News

PR: Bithumb to Refund New Users up to 70% on Fees – Bitcoin News

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Please share if you find this article interesting. PR: Bithumb to Refund New Users up to 70% on Fees - 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. Bithumb to refund new users up to 70% on feesNew users outside Korea to be reimbursed for transaction fees incurred when depositing cryptocurrency on the exchange within the event period. For a limited time, Bithumb, a global cryptocurrency exchange, is offering a refund of up to 70% on transaction fees as an expression of appreciation for new users’ support. Bith
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Dead Man’s Switch App Wins Tokyo Hackathon for Bitcoin Cash Grand Prize – Bitcoin News

Dead Man’s Switch App Wins Tokyo Hackathon for Bitcoin Cash Grand Prize – Bitcoin News

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Please share if you find this article interesting. Dead Man’s Switch App Wins Tokyo Hackathon for Bitcoin Cash Grand Prize - Bitcoin News News Thirty four tech-savvy engineers, enthusiasts and students gathered at Hash Hub, the co-working space in the Tokyo University neighborhood to participate in a hackathon organized and sponsored by Crypto Age, Yenom and Bitcoin.com last weekend. Also read: Yenom Launches Bitcoin Cash Library Implemented in Apple’s iOS-language Swift “Clock Wallet” Team Wins 1 BCH Prizes in BCH have been awarded to the 3 best teams able to deliver a working mobile app prototype in two days. The hashtag for the event read #ビットコインしろ in Japanese, roughly meaning “let’s Bitcoin”, except it’s imperative, so rather “Do Bitcoin!” an organizer explained. Winners
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Research: Global Automotive Blockchain Market Set to Reach $1.6 Billion by 2026

Research: Global Automotive Blockchain Market Set to Reach $1.6 Billion by 2026

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Please share if you find this article interesting. Research: Global Automotive Blockchain Market Set to Reach $1.6 Billion by 2026 The volume of the global automotive blockchain market is set to reach $1.6 billion by 2026. This estimation comes from a PR Newswire article published August 21, citing a report by Business Intelligence and Strategy Research (BIS Research). The BIS Research report forecasts that during the period from 2018 to 2026, the automotive blockchain market will grow at a Compound Annual Growth Rate (CAGR) of 65.80%, reaching $1,575 million by 2026. The research was based on a financial analysis of the key market players: Ethereum (ETH), Ripple Labs Inc., IBM Corporation, BigChain DB, R3, and some others. The projected “robust growth” of the automotive blockcha