Bitcoin (BTC) transaction fees have dipped below than those of Bitcoin Cash (BCH), marking a blow to one of the hard fork’s central remits. Battle Of The Satoshis Data from monitoring resources Wednesday confirms the turnaround as BTC continues to see a drop in transaction fees not seen for six months. In terms of satoshis, the cryptocurrency’s smallest possible unit, BCH’s lower value means a transaction fee of 10,000 sat provides worse value than an equivalent 10,000 sat fee sent in BTC. The drop also marks a 97% decline to about…
Read MoreMonth: February 2018
Tesla Hit by Hackers Who Used its Systems to Mine Cryptocurrency
Elon Musk might be able to send his personal Tesla car into space, he might change the way humanity produces and stores energy, and he might even build a colony on Mars one day. However, even this real-life Iron Man apparently can’t escape the reach of crypto mining hackers. Also Read: US Federal Authorities Arrest Man for Selling 9.99 Bitcoin Tesla Cloud Mining Tesla (NASDAQ: TSLA), the electric car manufacturer based in Palo Alto, California, is the latest corporation to fall victim to ‘cryptojacking’, according to newly released research from…
Read MorePR: SaaS Company Axpire – for a Better Future
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. aXpire is an ERP SaaS company offering a suite of products to increase efficiency of service spend and general profit margins. We recently underwent a token sale where we reached our $20m hardcap in only 89 hours. As we relaunch our website, we think now…
Read MoreSmartbtc Sees the Need for Centralized Python-Based Smart Contracts
Just recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was met, Smartbtc’s Python contract executed on February 19. Also read: United Bitcoin May Be the Most Controversial Fork to Date Python Based Contracts Tethered to BTC Payouts Smartbtc is a platform that facilitates smart contracts tethered to BTC chain payouts, and contracts are written entirely…
Read MoreSteven Seagal Punches His Way into the Crypto World
Another celebrity has entered the cryptocurrency world. This time, it’s Steven Seagal as the action movie star endorses Bitcoiin2Gen. There are times when you think things couldn’t get more interesting in the crypto world, but then it does. Such a time is now as the up-and-down world of Bitcoin and its cryptocurrency brethren have been graced by the deadly mitts of Steven Seagal. The 1990s action movie star is officially endorsing the Bitcoiin2Gen cryptocurrency. From Team Seagal Steven has just become the worldwide ambassador for the Bitcoiin 2nd Generation crypto…
Read MoreItaly Completes Consultations on Registration of Crypto Companies
Public consultations on a new regulatory regime for crypto companies in Italy are now closed. Interested parties were invited by the Ministry of Economy and Finance to share suggestions and comments on a draft decree introducing registration and reporting requirements in the sector. The new set of rules will come into force within 3 months of adoption. Also read: Spain Mulls Tax Breaks for Blockchain and Crypto Firms Italy Trying to Understand the Phenomenon The ministerial decree has been designed to “explore and understand the various aspects of the virtual…
Read MoreHow Machine Learning Could Reinvent the Way We Invest in Cryptocurrencies
Over the past few years, we have witnessed an increasing adoption of data science to improve the accuracy of our predictions. The result has been astounding and has completely revolutionized organizations across a huge range of industries. In particular, it has had a great impact on the investment industry. We’ve now reached the point where has become so fierce that simply doing some research and ‘trusting your gut’ simply won’t cut it anymore. If you want to stay ahead of the curve, you’re going to have to work for it.…
Read MoreVenezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million
Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private pre-sale of Venezuela’s oil-backed cryptocurrency, the petro, was scheduled for February 20 at 8:30 am (Venezuela time 04:00 UTC), according to the petro’s whitepaper. However, at midnight local time on February 20, the government announced…
Read MoreICOs Have Raised $2 Billion This Year – Mostly from Private Sales
Despite the quality of this year’s initial crowd offerings being patchy at best, investors’ appetite for them remains unsated. $2 billion has been raised already, placing 2018 on course to comfortably surpass 2017’s total of $5.7 billion. But with the structure of these sales now geared increasingly towards private investors, the public have been left to fight for the scraps. Data shows that 84% of all ICO fundraising this year has come from private and presales. Also read: Crypto Index Fund Bitwise Delivers 45% Return in First Two Months Private Sales…
Read MoreSp8de Hits the Jackpot with Two New Advisors
Sp8de is changing the online gambling game, from a jackpot-based ICO to using a Cardano-based blockchain. Now, with the addition of two new advisors, the platform hopes to continue its trailblazing journey. Online gambling is not only a multi-billion-dollar industry, it also provides a convenient outlet for people to relax from the comfort of their own home, while still potentially making some money. When combined with the security and efficiency of blockchain technology, online gambling takes a big step into the fast-approaching digital future, a future that Sp8de wants all…
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