Category: Uncategorized

A crypto mining company has sent a balloon into the stratosphere to mine bitcoin on the edge of space, reaching over 35,000 meters in altitude. The company also shared the results of its survey on what the price of bitcoin would be this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Space Launch PR Stunt Miner One launched a “high-altitude balloon with bitcoin mining equipment” on Monday which it calls “Space Miner One (SMO).” The organization describes itself as neither a pool nor a cloud, but “a community…

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Cryptocurrency news and information portal Bitcoin.com has changed its website content after over 1,000 people are looking to sue it for fraud. Bitcoin Cash Is Bitcoin Cash The lawsuit, which is being brought against the St. Kitts-registered company for its use of the terms ‘Bitcoin’ when referring to altcoin Bitcoin Cash, is in the final stages of accruing legal assistance before releasing details to members. The process has drawn attention to, among other issues, Bitcoin.com’s practice of referring to Bitcoin (BTC) as ‘Bitcoin Core’ and Bitcoin Cash (BCH) and ‘Bitcoin.’…

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Telegram is great…when it works. Unfortunately, the crypto world’s favorite messaging app is prone to periodically going down due to technical failures and what seems like repeated attempts by the Russian security services to meddle. Over-reliance on Telegram is a classic case of over-centralization. For cryptocurrency projects seeking a fallback alternative, the following options are worth a look. Also read: Japan’s SBI Unveils New Plans to Start an Exchange for Major Cryptocurrencies Telegram’s Centralized Tech Can’t Be Trusted Telegram CEO Pavel Durov embodies many of the qualities that cryptocurrency users espouse.…

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Circle Invest is set to add Zcash to its cryptocurrency trading portfolio. Circle, the payments startup firm announced this in a blog post on April 30. Zcash becomes the sixth cryptocurrency in the Circle Invest trading catalog. Zcash Support The addition of Zcash is the first of many announcements scheduled for the next three weeks. Hello, Zcash . A new coin just joined the Circle Invest family, and it’s available for you to buy right now. Learn more here: https://t.co/pR0y6T1H2K — Circle Invest (@circleinvest) April 30, 2018 Circle invest traders…

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From hit TV shows to viral ads, the bitcoin revolution is inspiring the creative minds who shape modern pop culture. Two recent examples come from HBO’s Silicon Valley and the Oscar Mayer meat company which created its own “bacon-backed cryptocurrency”. These stories and more are in today’s edition of Bitcoin in Brief. Also Read: Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance Bacoin Oscar Mayer, the meat brand owned by the world’s fifth-largest food and beverage conglomerate Kraft Heinz (NASDAQ: KHC), has announced it launched the “first-ever…

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UNICEF Australia has launched a cryptocurrency mining program to raise funds for its humanitarian activities. The aid organization is utilizing the computing power of website visitors to mine cryptocurrency. UNICEF is part of the UN but receives its funding from external charitable donations. Crypto Mining for Charity The Hopepage is the name of the initiative created by UNICEF Australia to raise funds for relief programs across the world. The project is a web-based cryptocurrency mining platform that utilizes a portion of the site visitor’s CPU to mine cryptocurrency. UNICEF Australia…

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The Japanese financial regulator has confirmed that so far eight companies have expressed the intention to withdraw their applications to operate cryptocurrency exchanges. Meanwhile, about 100 more companies are seeking to enter the market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FSA Confirms Eight Want Out The Japanese Financial Services Agency (FSA) held a study group to discuss the state of cryptocurrencies in Japan last week. Among observers of the meeting were representatives from the Bank of Japan, the Ministry of Justice, the Consumer Affairs Agency, and the…

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The cryptocurrency market is shifting into a higher gear as influential investors’ money is about to enter and play a key role in the cryptocurrency industry. Indeed, the growing interest of financial institutions in trading Bitcoin is transforming the cryptocurrency market. Meanwhile, experts are already debating whether retirement plan sponsors should include Bitcoin in 401(k) plans. Big Money Players are Replacing Retail Bitcoin Investors The theory that big financial institutions are reshaping the market is gathering steam. In an article entitled “Bitcoin frenzy settles down as big players muscle into…

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Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to regulate cryptocurrencies. Also read: Russians Owe 13% Tax on Their Crypto Incomes Taxis Taking Bitcoin Cash Taxi drivers in Rostov on Don are obviously among those Russians who don’t want to wait for a permission to…

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NEO is the first Chinese cryptocurrency to gain global acceptance, and as a result, has generated huge amounts of interest – both in terms of investment and media coverage. Created by Da Hongfei and his company Onchain, it was originally launched in 2014 as AntShares, but rebranded three years later and enjoyed a breakout year. In 2017, NEO became one of the top-10 cryptos in terms of market capitalization, with its value rising by thousands of percentage points. It reached a high of $187.41 per token in January 2018, according to…

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