Please share if you find this article interesting. PR: The Okoin VR Project - Facts and Trends - 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. We can not stay away and remain silent about the current situation on the market. Certainly, we are closely following the evolution of the crisis of confidence in the crypto industry as a whole, and we want to express to you our point of view, give comments on the state of things in our project on the latest developments. Our team, in what is now happening on the crypto...
Please share if you find this article interesting. CoinDesk Releases 2018 Bitcoin and Blockchain Industry Report If bitcoin is in a bubble, it is one of the few in the history of finance – if not the first – that expanded with negligible use of credit. That's just one of the unique takeaways from CoinDesk's State of Blockchain 2018 report, the latest in the quarterly series setting out our in-depth research on the rapidly evolving world of cryptocurrencies and the technologies they've inspired. Released Wednesday, the report provides a 160-plus slide analysis of some of the data points propelling this story forward. The report covers public blockchains, DLT, consortium chains, initial coin offerings (ICOs), trading and investments, and regulation, and also features the results of
Please share if you find this article interesting. Ripple’s Global Financial Network Partners With China-Based Payment Provider LianLian International, a China-based payment services provider, has partnered with RippleNet in order to offer faster and less expensive cross border transactions to their customers across the US, Europe, and China, according to a Feb. 7 announcement on Ripple’s blog. RippleNet is Ripple’s decentralized global network, made up of banks and other financial institutions, that handles the real-time confirmations of financial transactions. Brad Garlinghouse, CEO of Ripple, tweeted that Ripple “just opened the door to the largest e-commerce market in the world”: We just opened the door to the largest e-commerce market in the world for our #RippleNet partner
Please share if you find this article interesting. Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List Forbes, known for its “World’s Billionaires List”, published a list of the richest people in cryptocurrency for the first time, Tuesday Feb. 6. The goal of publishing such a list, according to Forbes Editor Randall Lane, is to “[provide] a snapshot of a pivotal moment, part of the transparency needed to pull crypto away from its provenance as the favorite currency of drug dealers and into the adolescence of a legitimate asset class.” While compiling a list of the world’s traditional billionaires is a relatively straightforward task, calculating the exact amount of wealth of the world’s richest crypto tycoons is more difficult. Cryptocurrencies are by definition
Please share if you find this article interesting. What Reasons Are Left to Buy Bitcoin Today? There is little doubting why, in the run up to Bitcoin all time high of $20,000, people were entering the cryptocurrency market. There was a promise of massive growth, potentially huge returns on investment, and a story already told of missing out as an early adopter. People thus flooded the market, entering for all the wrong reasons, really. However, this created a massive spike in interest and a massive spike in price. Things have changed somewhat now, with Bitcoin heading towards $6,000 rather than above $20,000, and this has caused a huge sell off as investors now flood out of the market. But what reasons remain today for people to buy Bitcoin? Get in for the right reasons The issue...
Please share if you find this article interesting. Forbes’ Inaugural Crypto Rich List Is Crass Yet Compelling - Bitcoin News Economics Ogling the fortunes of the filthy rich is a popular pastime with the poorer segments of society. It’s been that way for centuries, with 1849 marking the debut of Who’s Who, a 250-page guide “of living noteworthy and influential individuals, from all walks of life, worldwide.” In more recent years, Forbes has picked up the baton with its annual Rich List which reveals how the 1% are faring. Predictably, the U.S. publication has now launched its own crypto edition for the community to pore over. One name who doesn’t make the list, though, is the most famous and moneyed of all – Satoshi Nakamoto. Also read: You Can Now Buy Luxury Stuff With Bitc
Please share if you find this article interesting. Leading Australian Banks Allow Customers to Purchase Cryptocurrencies Regulation Three of Australia’s ‘big four’ banks have issued comments regarding their respective policy positions with regards to their customers’ ability to purchase cryptocurrency using accounts issued by said banks. The statements come weeks after reports surfaced detailing an apparent banking embargo on the part of Australian banks targeting cryptocurrency businesses. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners ANZ and Westpac Allow Customers to Purchase Cryptocurrency for Now According to the Australian Broadcasting Corporation, a spokesperson representing Australia and New Zealand Banking Group (ANZ) stated that the bank “does n
Please share if you find this article interesting. China Lines Up its KO Punch, Will it Work? China has not had the steadiest relationship with Bitcoin. Once, it was the center of the cryptocurrency universe, until it got too big for its boots and starting drawing attention from the controlling government. The bans came, first for ICOs then for exchanges, yet, this only slowed rather than stopped the growth of Bitcoin in general, and cryptocurrencies as a whole, in the People’s Republic. The idea was to stamp out Bitcoin and its affiliates as the Chinese government took exception to this freedom of money and the movement of it over the borders. However, even though these bans were unprecedented and harsh, they never really laid the killing blow. Total Blackout The idea is now tha
Please share if you find this article interesting. New Research Suggests Ripple Is Even More Centralized Than Previously Thought - Bitcoin News Altcoins Despite being associated with cryptocurrencies such as bitcoin and ethereum, ripple’s status as a decentralized currency is a matter of dispute. Critics have taken aim at XRP for years, claiming that Ripple exerts an unprecedented degree of control over transactions, something the company has always denied. A new report from Bitmex Research, whose cryptocurrency analysis carries great weight, suggests that ripple may be even more centralized than previously thought. Also read: The Rise and Fall of Ripple is a Case Study in Mass Hysteria Bitmex Goes Forensic On Ripple The Bitmex blog, operated by the exchange famed for its 10
Please share if you find this article interesting. Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank The European Central Bank (ECB) has moderated its stance on cryptocurrency regulation Wednesday, Feb. 7, describing it as “not exactly very high on its to-do list” in a brief interview with CNBC. The ECB’s Chair of the Supervisory Board Daniele Nouy added that although she had “no clue” whether new regulatory moves on crypto would come from Europe in the future, involvement of ECB-regulated banks in the sphere was “very, very low”. “We scrutinize the issue in a regulatory perspective, we are ready to do something if it was needed, but so far it's not exactly very high on our to-do list,” she told the network. The comment come ahead of an increasingly-a