Paxful, the peer-to-peer cryptocurrency marketplace, has launched the #BuiltwithBitcoin initiative to improve the lives of others via direct action. Throughout 2017, news about Bitcoin and other cryptocurrencies focused on their ever-increasing value. It became commonplace to read about the latest Bitcoin millionaire and how many people were becoming rich due to cryptocurrency. Yet lost in all the hype and buzz is the fact that Bitcoin can also serve as a vehicle for doing good in the world. Making the world a better place is the hallmark of the #BuiltwithBitcoin initiative…
Read MoreMonth: February 2018
Coinbase Confirms Drastically Overcharging Users Debit/Credit Purchases, Draining Accounts
Anyone getting involved in cryptocurrency should be well aware that the emerging market carries its fair share of risk. However, popular San Francisco-based exchange Coinbase has taken it to another level by severely overcharging users debit and credit cards – reportedly upwards of 50x the correct amount. Coinbase Admits to Accidentally Draining Users’ Bank Accounts Coinbase – one of the most popular digital currency exchanges – has admitted to accidentally draining users’ bank accounts by severely overcharging their past cryptocurrency purchases. This news comes as some users have been taking…
Read MoreBREAKING: Coinbase Confirms Drastically Overcharging Users Debit/Credit Purchases, Draining Accounts
Anyone getting involved in cryptocurrency should be well aware that the emerging market carries its fair share of risk. However, popular San Francisco-based exchange Coinbase has taken it to another level by severely overcharging users debit and credit cards – reportedly upwards of 50x the correct amount. Coinbase Admits to Accidentally Draining Users’ Bank Accounts Coinbase – one of the most popular digital currency exchanges – has admitted to accidentally draining users’ bank accounts by severely overcharging their past cryptocurrency purchases. This news comes as some users have been taking…
Read MoreCPChain Expands Their Team and Partnerships to Support Their Blockchain-Based Vision for IoT
The Internet of Things (IoT) has a growing problem with data security, sovereignty, and efficiency. Cyber-Physical Chain (CPChain) is looking to address these problems and is hitting the ground running with partnerships, exchanges, and team growth. Blockchain’s Role in IoT As the global adoption of IoT environments continues to flourish, plenty of concerns related to both data security and systems-efficiency have become commonplace. The goal of CPChain is to establish a world-class data-driven platform for IoT environments by incorporating the greatest elements of distributed storage, encrypted computations, and blockchain technology.…
Read MoreJapan’s GMO to Launch BTC, BCH Cloud Mining Service in August
Japanese technology conglomerate GMO Internet is about to launch a new cloud offering for mining BTC and BCH. If you have at least $5 million that you want to invest in such a venture, and don’t want the hassle of opening your own mining farm, applications start next month. Also Read: Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC GMO Internet Group (TYO:9449) has announced the expansion of its recently launched cryptocurrency business with a new cloud mining service, which will be launched in August 2018 if everything…
Read MoreTim Draper: Why Would I Sell Bitcoin, The Future of Currency?
Venture capitalist and Tezos investor Tim Draper has said that a “very large portion” of the $86 trillion global currency market “will be crypto” in future. ‘Why Would I sell The Future For The Past?’ Speaking to Bloomberg on the current state of Bitcoin Thursday, Draper, who has long been bullish on its place in the future economy after making huge purchases, reiterated his commitment to stay invested. “I’m looking at it in a very different way because I think Bitcoin is the future currency,” he told hosts when asked…
Read MoreSyncFab to Create Manufacturing Jobs Through Blockchain
This Silicon Valley company is running a successful token presale and is backed by a real business. One tech company wants to create real jobs for real people with the help of blockchain. Even though SyncFab is based in Silicon Valley, the company founders believe they can add new industrial jobs in Middle America, among other regions. Their plan is to connect machine shops and manufacturers over the newest technology. The ultimate goal is to create a blockchain marketplace where machine-shop operators and their customers can connect instantly and seamlessly.…
Read MorePR: Bitcoin Holders, Claim Your BCP & BCPC Now or the Amount of Bitcoin Parallel Coins Will Decrease
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. Bitcoin holders at the block height of 507,000, please note that our official gateway channel for claiming Bitcoin Parallel coins was opened at 09:00:00 GMT on February 12, 2018. Please visit our official website as soon as possible and start claiming your BCP and BCPC for…
Read MoreMarkets Update: Bitcoin Recovers to Test $10,000 Area
The BTC markets have ramped up to test the $10,000 USD area on leading exchanges following a break above resistance at $9,000. Bitcoin has recovered by more than 60% since testing the $6,000 area on February 6th. Also Read: Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC Bitcoin Tests $10,000 Bitcoin has produced bullish action in recent days, forming an inverse head and shoulders pattern on the 4-hourly chart before breaking above resistance at roughly $9,000 area yesterday. The bearish action of recent weeks saw bitcoin lose approximately 65%…
Read MoreCoincheck Produces Recovery Plan While Investors Flock to Withdraw Funds
Japanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Coincheck’s Improvement Plans Coincheck has submitted a report to the Japanese Financial Services Agency (FSA) as mandated under the Order to Improve Business Operations. The…
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