As the flying taxi swoops past a building-sized electronic billboard, my robot driver flicks a switch. A screen bursts into life: Five high-pitched squeals in unnecessarily shiny costumes make a noise vaguely resembling music. The message is clear. I swipe my communicator against the console in the taxi and gasp at the questionable number of credits it takes for the ride. And the relentless pounding rain tries and fails to wash the criminal scum from the streets far below. High-tech Highway When many of us think of Japan, it is perhaps something…
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Coingeek to Fund the BCH Anonymizer Mixing Platform ‘Cash Shuffle’
On March 28 the Calvin Ayre-owned blockchain and mining firm, Coingeek, announced it would be funding the privacy-centric bitcoin cash (BCH) project ‘Cash Shuffle.’ The project Cash Shuffle is a mixer tool designed to shuffle BCH to increase transaction anonymity. Also read: China’s Huawei Rumored to Partner with Cold Storage Smartphone Maker Blockchain Firm Coingeek Funds the Privacy-Centric BCH Mixing Platform Cash Shuffle Over the past few months, the company Coingeek has been investing in blockchain projects across the bitcoin cash ecosystem. The firm owned by the entrepreneur Calvin Ayre has…
Read MoreCryptojacking Up 8,500% Last Year: Stay Protected!
The rampant interest in the field of cryptocurrencies and the rise in value of Bitcoin in the second half of 2017 was accompanied by an explosive spike in coin mining scripts, otherwise known as ‘cryptojacking.’ Very Low Entry Barrier In a report on the Cyber Security Threat Landscape, cybersecurity software company Symantec noted that the number of cryptojackings skyrocketed by as much as 8,500% in the last quarter of 2017. This happened in the wake of Bitcoin’s ramping rally and the overall spike of interest towards the cryptocurrency field during…
Read MoreCboe Answers SEC Concerns Over Bitcoin ETFs
Nearly four months after Bitcoin futures hit Wall Street, trading giant Cboe Global is still working to allay U.S. Securities and Exchange Commission (SEC) concerns over Bitcoin Exchange Traded Funds (ETFs). Cboe Global and CME Group were approved by the SEC to offer Bitcoin-based futures last year, and Wall Street cryptocurrency trading began in December 2017. The natural next step for cryptocurrencies to integrate into global traditional markets is ETF trading. Cboe is one of a number of companies with bitcoin-linked ETFs waiting for approval from the SEC. Significant Investor…
Read MoreLitecoin Foundation Apologizes for Not Doing Enough Due Diligence on Litepay
Failure of a project is a natural and common thing when investing in startup ventures, especially when it comes to cutting edge technologies such as cryptocurrency applications. Doing due diligence won’t prevent failed investments made in good faith, but it can make sure to weed out projects that will raise obvious red flags if vetted thoroughly. In the case of Litepay, this has evidently not been done, and a lot of the community is now angry. Also Read: Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads Oops The…
Read MoreEthereum Mining Faces ‘A Centralization Problem’
As Ethereum (ETH) struggles to break free of its steep downward trend, rumors of a new Bitmain ASIC mining rig continues to hold the price down. A Changing Landscape for Ethereum Mining Rumors are swirling through the cryptocurrency market in regards to a new ASIC mining rig from Bitmain, built specifically for Ethereum mining. According to a CNBC report cited by TechCrunch, the rumors surfaced after analyst Christopher Rolland visited China and learned of a new Ethereum-dedicated ASIC chip in development. Wrote Rolland in a note to clients: During our…
Read MoreNew Study: 80% of ICOs are Scams, Only 8% Reach an Exchange
Using publicly available sources, Satis Group LLC classified initial coin offerings (ICOs) with market capitalizations of at least 50 million USD by quality, following an ICO’s evolution from white paper, fundraising, to eventual trading online. Their findings include the eye-popping claim that 80% of ICO’s are scams, and only 8% managed to trade on a exchange. Also read: China’s Huawei Rumored to Partner with Cold Storage Smartphone Maker Study Claims 80% of ICOs are Scams New York-based Satis Group LLC, formed from the ashes of The Argon Group firings last year,…
Read MoreLitecoin Is the Dark Web’s Favorite Altcoin
Litecoin has unexpectedly increased in preference among internet users looking to transact cryptocurrencies for illicit services. It is now the second most popular cryptocurrency on the Dark Web — behind only Bitcoin. A Lite in the Darkness Litecoin (LTC) is now the most popular altcoin on the Dark Web. According to a report from Recorded Future, Litecoin has unexpectedly surpassed other cryptocurrencies in preference “and is currently the second most dominant coin on the dark web after Bitcoin.” Notes the company: Contrary to what we learned by observing the chatter…
Read MoreMandela’s Golden Hands Sell for $10 Million in Bitcoin
A Canadian businessman agreed to sell four gold castings of South African leader Nelson Mandela’s hands. For $10 million in bitcoin, a cryptocurrency firm launching an initial coin offering (ICO) has agreed to the purchase, promising a world tour of the art pieces in an effort to educate more people about Madiba’s legacy. Also read: China’s Huawei Rumored to Partner with Cold Storage Smartphone Maker Mandela Art Sells for $10 Million in Bitcoin South African-turned-Canadian businessman Malcolm Duncan has sold the four piece Nelson Mandela Golden Hands Collection, castings in…
Read MorePR: Credits.Energy – New Revolutionary Cryptocurrency with Mobile Mining App Aims to Support Renewable Energy and Sustainable Projects
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. CRED (CX) is a new state of the art universal cryptocurrency with its own mobile app that is dedicated to supporting renewable energy and solving the pesky issues posed by other cryptocurrencies. Denver, CO. March 2018. A new unique cryptocurrency is set to introduce a…
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