The short-term rebound on February 19, saw Bitcoin surge to the $4,000 price level, leaving several cryptocurrency investors hooked and some analysts keeping their attitude inert. Bitcoin could “melt our faces off” in the long run with an amazing rebound.

While the last cycle gave back around 16x, as Bitcoin swung from $1,200 to $20,000, the next trend could likely bring much higher returns. According to Survivalism, a financial revolution prepper, a pump to around $750,000 seems to be irrational.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/start-bull-run/

The latest research from the Smart Agrifood observatory at the School of Management of the Politecnico di Milano gives a clear outlook of the Italian market of Agriculture 4.0. Digital innovations such as Blockchain technology, the internet of things, smart contracts, artificial intelligence and others have entered the Agrifood chain with massive solutions which have triggered competitiveness in the overall industry. Therefore, it has increased the quality and traceability of Made in Italy food products.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-provides-solutions/

The latest credit card fee increases have generated debate over the comparative advantages of using cryptocurrencies such as Bitcoin, Ripple, Ethereum and others.
Some big firms like Overstock, see savings from processing digital currency payments, but this doesn’t sway and convince every user in the cryptocurrency industry, at this particular stage, cards still aren’t an enhanced and healthier alternative for users.

Here are some of the reasons as to why credit cards are a mediocre payments technology currently, just a decade when the technology for digital currency payments turn out to be very sophisticated: https://coinidol.com/major-advantages-cryptocurrency/

Internet users have recently reported being provoked to open a phishing email containing crypto ransomware links. Cybercriminals used the ransomware program ‘GandCrab’ to encrypt victim’s data and requested a payout in Bitcoin or Dash for lifting a block from their files.

According to a report released by the Mimecast Threat Labs Team, criminals used GandCrab to encode user’s files. Victims of a cyber attack were sent emails containing romantic lines, namely ‘This is my love letter to you’, ‘Wrote my thoughts down about you’, ‘My letter just for you’ and ‘Felt in love with you.’

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-ransomware-attacks/

Italy has been doing everything possible to make ends meet as far as blockchain, cryptocurrency, artificial intelligence, smart contract, the internet of things and other innovative technologies are concerned. The Italian government passed a set of rules and regulations, launching a main overarching legal foundation for the rationality, validity and enforceability of innovative technologies.

Consequently, Italy becomes one of the first nations to launch an overarching set of rules on blockchain technology and smart contracts, largely applicable to all kinds of transactions. Implying that anyone is able to gain from technical features of these innovations within an effective legal framework.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-legally-recognized/

Italy is open to innovations and cryptocurrency adoption due to its security and decentralized nature. Indeed, the only way one can get access to crypto funds is possessing an alphanumeric private key.

However, even such a good solution has its dark side. It is impossible to gain access rights to cryptocurrency funds in case their owner is dead. There’s no institution that could regulate succession rights as the blockchain network, which is the basis of any crypto, is decentralised and immutable.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrency-inheritance-problem/

XMR developers, and the whole team at large, are ready and in high gear to fork their network on Saturday, March 9th 2019 in order to lower the effectiveness of ASICs (application-specific integrated circuits). The hard fork might cause a change to the Monero proof-of-work (PoW) algorithm and also lower the hash rate competences of ASIC miners by a significant factor of over 2.5.

The effort is undertaken to highly reduce hash rate enabling small-scale mining activities using graphics processing units (GPUs) thus contending effectively and further making the XMR PoW systematic algorithm less ASIC-friendly.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/monero-prevent-mining/

The authority responsible for the regulation of the blockchain and cryptocurrency industry, known as the National Superintendence of Cryptos Related Activities of Venezuela, SUNACRIP, recently released regulations dealing with the sending and receiving of remittances in digital currency friendly nations within the South American continent.

This new policy explains in detail the needs, procedures and payments which MUST be fulfilled by natural and legal users that attempt to employ crypto in sending money to their respective firms and businesses in Venezuela. The norm was officially published under Providence 009-2019 and also signed by manager Joselit Ramirez.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrency-payments-venezuela/

The famous cryptocurrency exchange Coinbase, based in the US, has officially announced encrypted storage support for their official Coinbase Wallet seed or private keys on iCloud and Google Drive. The announcement was made on Tue Feb 12.

According to a statement, the cryptocurrency exchange indicated that enabling its customers to upload their private keys to cloud strongly averts the loss of keys, which are very hard to find.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/backup-private-keys/

After the hack that saw over $16.2 million illegally stolen from New Zealand’s hacked cryptocurrency exchange, police in New Zealand has given the go-ahead to Cryptopia, a crypto exchange that was recently hacked, to reopen and start operating at any time it's ready, according to a report on Wed February 13, 2019, by the New Zealand Herald, a local news outlet.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptopia-hack-police/

According to research on the ground, the production-weighted cash cost to create 1 Bitcoin (BTC) averaged approx. $4,060 worldwide in the fourth quarter (Q4) of 2018, analysts from JPMorgan Chase Co. reveal. This cost is much higher than the current Bitcoin price as Bloomberg reports.

BTC itself is currently changing hands at around $3,600 with a market cap of over $63.796 billion. It doesn’t appear like such a big deal. However, there is a huge feast around the average, implying that there are several vibrant losers and winners.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-mining/

Discover Trade Mining on the CODEX Exchange

In pursuit of new ways to ensure high-yielding opportunities for today's cryptocurrency traders, the CODEX exchange has embarked upon a rather promising solution, called Trade Mining.

Also known as Transaction Fee Mining, it is pretty much an unworn approach to the platform's native token distribution, established to reward active users for trading on selected markets with their very own EOS-based purposeful token, CDX.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mining-codex-exchange/

The Commissioner of the US Security and Exchange Commission (SEC), Hester Peirce, aims at opening the SEC to innovation, invention and entrepreneurship. Of late, the leaked interviews of Hester gave the crypto industry hope for Bitcoin (BTC) exchange-traded fund (ETF) approval. Hester, also known as the Crypto Mom, calls for an innovative and improved regulatory framework which is more malleable to the cryptocurrency field.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-etf-hope/

The probability of discovery of lost bitcoin Keys trends towards zero. Legends, parables and myths twist around the positions of the millions of Bitcoin (BTC) lost so far. Unmatched, however, is the Bitcoin prosperity of BTC developer Satoshi Nakamoto, seemingly ruined forever and a day. A quite short about the interests of cryptography. Satoshi has certainly taken security extremely seriously.

Cryptocurrency is going well, but the problem comes when a user loses a private key because of his/her carelessness or negligence. However, it’s that simple and easy. The SHA-256 (Secure Hash Algorithm) hash function is an important tool for security in the BTC system.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/lost-bitcoin-stories/

The leading digital currency by crypto market capitalization, Bitcoin, has been struggling to survive in the tough conditions of a prolonged bear market. With traders losing their last hope, Chinese Bitcoin bull predicts a large upward movement to $740,000.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bull-run-cryptocurrency/

LALA Launches ARAX - Most Advanced Multi Currency Crypto Wallet

LaLa World, a Singapore based FinTech organization, launched its multi- cryptocurrency wallet today. The wallet, christened ARAX, supports multiple Blockchains, coins, and tokens natively. Arax Wallet will address the absence of utility of cryptocurrencies which has impeded global adoption of these digital assets.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/lala-launches-arax/

MinexPay Launches The First Truly Global Cards for Crypto Payments

Estonian company MinexSystems has commenced the full start of operation of its two primary products, MinexPay and Minex Web Wallet, which in conjunction create one of the most completed cryptocurrency card ecosystems on the market. Minex Web Wallet is a secure web wallet system which offers storage and control over several digital assets, as well as activation and control of the cards purchased via MinexPay. MinexPay offers a card program, which can be used both for crypto online and offline payments and ATM withdrawals, with very attractive limitations.

Unlike any other crypto cards, MinexPay cards are available literally worldwide: anyone from a UN-recognized country without any imposed sanctions can order themselves and use a MinexPay card with the same limits and rules as anyone, anywhere on the globe, which in practice makes it the world’s first ever globally accessible crypto payment card.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/minexpay-launches-cards/

Historical Perspective: Why Blockchain is more Advantageous than the Dot-Com Bubble

Looking through the lens of history, investors need to invest in blockchain technology. Some should also consider switching from investment in stocks (futures) to blockchain (cryptoassets) as their chief investment. The concept that the world has gained shifts from centralization to decentralization. The level of freedom among human beings is steadily rising.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-dotcom-bubble/

The two groups of high-level experts selected by the Italian government first met at the Ministry of Economic Development to explain two major national strategies in the sectors of blockchain technology and artificial intelligence (AI). The next meeting is scheduled for Fri Feb 8, Agora Vox reports.

One of the selected experts in the blockchain technology group, Gian Luca Comandini, elaborates that:

“It is important not to lose further time and ground and work hard to achieve the set goals.”

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italy-plans-strategy/

New Zealand Police continue to excellently investigate the Cryptopia hack that took place on Monday, January 24, 2019. Via an official press release, the Police revealed on Feb 7, that the probe is progressing on well. Cryptopia is a cryptoasset exchange that is based in New Zealand.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/new-zealand-authorities/