BitcoinMoschiach (OP)
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September 07, 2018, 09:24:06 AM |
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Chinese Justice Department Uses Blockchain to Track Parolees Officials in the southern Chinese city of Zhongshan have instituted a blockchain system to track the movements of those on parole in the district. The new blockchain network is said to improve the quality of community correction that the justice department can serve, upgrading its ability to track parolees activities around the clock. Monitoring the community prisoners previously had restrictions imposed, including regional and time constraints. The blockchain system, however, lets officials view data at any time from any location. Read the full article at https://bitcoinnews.com/chinese-justice-department-uses-blockchain-to-track-parolees/ |
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BitcoinMoschiach (OP)
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September 07, 2018, 10:36:33 AM |
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AsicBoost Gaining Usage, Bitcoin Mining More Profitable AsicBoost is a relatively new technology that optimizes Bitcoin mining, increasing profitability by up to 20%, which can be the difference between an unprofitable mining operation and a profitable one. According to the AsicBoost block explorer, blocks mined with it began to sporadically appear in March 2018 but now consistently account for 4-6% of all Bitcoin blocks that are mined, and this percentage is steadily growing long term. Read the full article at https://cointelegraph.com/news/robinhood-plans-to-launch-ipo-seeks-cfo-amid-audits-from-regulators |
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CryptoPushkin
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September 07, 2018, 10:44:16 AM |
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Hello cryptocurrency enthusiasts, traders, investors, innovators, miners, and advocates! I will be posting BitcoinNews articles and videos in this thread, from https://bitcoinnews.com/ . We cover the full spectrum of Bitcoin, blockchain, and cryptocurrency news with about 10 new stories being published per day. I hope you find the videos educational, and I will always be checking in to answer any questions, comments, or critiques. To start, here is a video about hyperbitcoinization, an optimistic way to start this thread  Hyperbitcoinization: The End Of Fiat Currency, $100M Bitcoin? Hyperbitcoinization is defined Bitcoin commentator ObiWan Kenobit as “a theoretical state wherein Bitcoin displaces legacy currencies and becomes the dominant if not only method to exchange value”. Hyperbitcoinization was first discussed by Nakamoto Institute founder Daniel Kraswisz in 2014, and ObiWan Kenobit thinks it could lead to Bitcoin prices as high as USD 100 million per coin. Read the full article at https://bitcoinnews.com/hyperbitcoinization-the-end-of-fiat-currency-100m-bitcoin/Video: https://www.youtube.com/embed/6SlPtBB-eAwI like such insane extreme scenarios, it doesn't matter how unlikely they are. Of course one should carefully avoid to confuse them with reality. |
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BitcoinMoschiach (OP)
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September 09, 2018, 09:34:50 AM |
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More Americans Choosing Bitcoin ATMs Despite Regulations Despite the higher fees associated with buying or selling Bitcoin via specialized Bitcoin ATMs, quicker and more reliable delivery have seen rising popularity for the machines in the United States, even as ATM networks struggle to expand within strict regulations in the country. Read the full article at https://bitcoinnews.com/more-americans-choosing-bitcoin-atms-despite-slow-network-growth/ |
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BitcoinMoschiach (OP)
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September 09, 2018, 09:46:32 AM |
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Luxury Car Dealer First in US to Accept Bitcoin Post Oak Motor Cars, a luxury car dealership in Houston, Texas has become the first Bentley, Bugatti and Rolls-Royce dealer in the United States to accept Bitcoin, and also Bitcoin Cash. This is yet another milestone in Bitcoin’s worldwide adoption and another indication that it can be used as a currency to buy or sell anything no matter how expensive. Read the full article at https://bitcoinnews.com/luxury-car-dealer-first-in-us-to-accept-bitcoin/ |
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BitcoinMoschiach (OP)
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September 09, 2018, 10:02:49 AM |
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15.8 Million UK Residents Own or Are Considering Bitcoin A recent survey by Bitcoin wallet Luno has shown the desire by UK residents for the launching of a “Bitcoin Barometer” which monitors the numbers of those currently involved in crypto. The barometer, which was launched today, shows that an estimated 15.8 million UK residents either currently own or would consider owning cryptocurrencies in the future. Read the full article at https://bitcoinnews.com/15-8-million-uk-residents-own-or-are-considering-bitcoin/ |
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BitcoinMoschiach (OP)
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September 09, 2018, 10:15:27 AM |
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Uzbekistan Legalizes Cryptocurrency, Sets Regulations The President of Uzbekistan, Shavkat Mirziyoyev, has declared that cryptocurrency is legal, and has announced some initial regulations for trading and mining crypto. A new set of laws specifically for crypto are going to be developed by the government, which has decided not to use existing securities laws for crypto. One positive thing right off the bat is it appears Uzbekistan will not be taxing crypto revenue. Read the full article at https://bitcoinnews.com/uzbekistan-legalizes-cryptocurrency-sets-regulations/ |
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September 09, 2018, 10:20:57 AM |
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Bittrex, Cryptofacil to Launch Crypto Exchange in the Caribbean and Latin America Bittrex has partnered with Cryptofacil, a new crypto exchange headquartered in the South American nation of Uruguay, to launch a crypto exchange across the Caribbean and Latin America. This is a major milestone since this region has lacked a major crypto exchange up until now. This new exchange will have over 200 cryptocurrencies and 270 token pairings. Read the full article at https://bitcoinnews.com/bittrex-cryptofacil-to-launch-crypto-exchange-in-the-caribbean-and-latin-america/ |
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September 09, 2018, 10:29:22 AM |
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Approved Swiss Blockchain Startup Goes for Banking License A Swiss blockchain company which has gained regulatory approval in the alpine pro-cryptocurrency nation is to seek a banking license. Startup Smart Valor has won approval to operate in the country’s buoyant financial market and will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). Read the full article at https://bitcoinnews.com/approved-swiss-blockchain-startup-goes-for-banking-license/ |
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September 09, 2018, 10:46:36 AM |
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“Most Original Altcoin Dev” Creating Supernode Proof-of-Stake (SPoS) Sunny King, the developer of Peercoin and Primecoin, is developing a new cryptocurrency algorithm called Supernode Proof-of-Stake (SPoS). Considering King has been called “the single most original altcoin developer out there” by Ethereum’s Vitalik Buterin, it may be worth looking into this new algorithm. Read the full article at https://bitcoinnews.com/most-original-altcoin-dev-creating-supernode-proof-of-stake-spos/ |
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BitcoinMoschiach (OP)
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September 09, 2018, 10:52:55 AM |
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Bithumb Airdrop Causing $247 Million in Wash Trading Daily Bithumb is conducting season 1 of its ‘Super Airdrop Festival‘, where it refunds traders 120% of trading fees. It has set aside a limit of KRW 1 billion per day for the refunds, which comes out to KRW 167 million (USD 149,000) of rewards each day. Clever traders have seized this opportunity to make profits by conducting wash trading. Read the full article at https://bitcoinnews.com/bithumb-airdrop-causing-247-million-in-wash-trading-daily/ |
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