Bitcoin in Brief Thursday: Busted in Bangkok

In today’s edition of Bitcoin in Brief, there’s a lot to chew over. The crypto-coaster dazes Asian millennials, Kucoin asks some awkward questions, everyone wants to own an exchange, and why do so many bitcoiners get busted in Bangkok? Also read: Bitcoin in Brief Wednesday: Satoshi’s Millions and the Price of Publicity Kucoin Has a Question or Two On Wednesday, Kucoin exchange announced it had beefed up its security. As part of its new verification procedure, all existing customers are required to set two security questions and agree to a set…

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India Searches for Ethereum Over Bitcoin

For nearly half a year, India’s crypto enthusiasts have been searching for the cryptocurrency ethereum (ETH) over bitcoin (BTC). At the end of February, researchers confirmed ETH searches were twice as likely over BTC. Could the world’s second most populated country be souring on the world’s most popular cryptocurrency? Also read: Trezor to Implement Bitcoin Cash Addresses India Is Searching More for Ethereum, According to Researchers According to Jana, a free internet provider in India, “Ethereum topped bitcoin as the most searched-for cryptocurrency in India over the past five months, commanding…

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Bitcoin vs Oil and Gold: There Is a Difference

It’s an easy comparison to make: Bitcoin mining versus gold and oil extraction. All – in the abstract sense for bitcoin – involve unearthing resources, all have had bumpy price histories, and all have been labeled as disruptive in their time. Also read: Crypto Exchanges Charging Up To $3 Million To List Tokens Gold vs Oil vs Bitcoin There are crucial differences between the three assets, especially when it comes to tracking what happens to supply after an increase in price. Twitter user @WallSt_Dropout produced a series of fascinating charts…

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Bitcoin: Over $6 Trillion Served with a $10 Billion Daily Market

Bitcoin has become a $10 billion daily market in 2018, with the total sent using the cryptocurrency since 2009 adding up to a giant $6 trillion. $10 Billion Per Day Data from several resources compiled and uploaded to Twitter by metrics commentator Josiah Hernandez April 3 shows that regardless of price slumps, Bitcoin’s popularity endures. “Anyone doubting bitcoin’s role as a medium of exchange is clearly not looking at the data,” he commented. Just as bullish investor Trace Mayer, who noted Bitcoin’s continued usage similarly shows its underlying strength linking…

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Mining at University – Does It Make Sense?

Post-secondary students have found ways to utilize and take advantage of benefits seen at universities to get into the cryptocurrency space via mining, but is it worth it? The Growth of Crypto Mining There has been no doubt that cryptocurrency mining has absolutely exploded over the course of 2017. The growth in the mining space, which keeps the blockchain secure, came on an unprecedented level with many blockchain networks experiencing a exponential growth in the amount of miners and mining difficulty. In some regard, most cryptocurrency mining is really easy…

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To Do List of a Guy Who Just Won 37 Bitcoins

A big win on FortuneJack changes everything. That thunderous sound you can hear in the distance? That’s everyone you’ve ever met charging forwards to remind you what great friends they have always been to you. New doors of opportunity are opening everywhere, and there are a dozen business deals a day to choose from. So where should a man with a Bitcoin fortune focus his attention? ONE: Book a Fortnight at Rehab Look, we all know the first things that everyone does after a 37 Bitcoin win. We’re all only…

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Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

During the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what legal problems may arise. Also Read: Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company Chinese Corporate Executive Arrested in Tokyo The Japanese police revealed on Tuesday that they arrested a Chinese citizen…

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Cryptocurrency Mining Industry Sees Influx of New Hardware

On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for coins like monero, and a slew of other mining devices. Also Read: Reddit Removes Bitcoin Payment Option, Censors Darknet Forum The Latest Ethhash and Cryptonight Miners Bitmain is a well-known manufacturer of cryptocurrency mining hardware…

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Ethereum Interest Tops Bitcoin in India

Though Bitcoin remains the brand most associated with cryptocurrency, Ethereum is topping the charts in India. Ethereum Rising When one mentions cryptocurrency, it’s safe to assume that Bitcoin is the first thing to pop into the average person’s head. However, that may no longer be the case in India. The world’s second most populous country is finding its citizens more interested in Ethereum — the second-largest cryptocurrency by market capitalization — than Bitcoin. As reported by Quartz, data provided by free internet provider Jana in its latest Mobile Majority report…

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PR: Blockchain Games Operator True Flip Enters the Slot Market with Chain’s Code

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. True Flip, the blockchain fair games operator, has developed and launched its first slot game. Chain’s Code is available now at cc.trueflip.io with bets starting at 0.000020 BTC and up to 5 BTC as the Superprize. Costa Rica Chain’s Code features a single-line slot machine…

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