On Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy. Also Read: Indian Exchange Takes Central Bank to Court Over Bank Ban Mining Operation Antpool Burns 12% of BCH Network Fees Found in Mined Blocks Antpool is one of the oldest mining pools in the cryptocurrency…
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Blockchain Meets Movie Industry as White Rabbit Teams Up with Production Company K5
Blockchain start-up White Rabbit, developers of a browser plugin that allows users to legally stream movies and television series from any open streaming service, has announced a strategic partnership with K5 International, a subdivision of K5 Media Group, a renowned media production company that has produced Oscar-nominated films. Financial details of the partnership, which was announced in Variety and The Hollywood Reporter, where not disclosed, however, the deal conditions suggest that K5 will grant White Rabbit users access to its library of 50-plus movies while the company’s co-founder Daniel Baur will join…
Read MoreMarkets Update: Altcoins Rally During Week of Bullish Action for Crypto
The cryptocurrency markets have enjoyed a strong week, with BTC, BCH, and many altcoins generating significant gains in recent days. There is considerable uniformity shared among major altcoin markets, with many cryptocurrencies recovering to test the 0.236% retracement areas after breaking above descending trendlines. Also Read: Kraken CEO Condemns “Hostile” Questionnaire Issued by New York AG BCH Gains Over BTC Whilst bitcoin (BTC) has made gains of 10%, this past week has seen Bitcoin Cash (BCH) perform with considerable strength, ramping up to gain nearly 50% against the dollar in just…
Read MorePR: Green Energy Crypto Credits.Energy ICO Is Now Live
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. Credits.Energy, the “crypto with a mobile mining app that supports green energy,” aims to virtually eliminate the cost of supporting renewable energy. We asked Credits.Energy COO, Jared Wells, to explain what the current barri-ers to entry are in the renewable energy market: “Mainstream adoption of…
Read MorePlay Music on Jukebox.cash – a Bitcoin Cash Infused Global Playlist
Just recently a developer launched a new bitcoin-centric web application called Jukebox.cash, an online Jukebox that features a global playlist shared in real time. Users from all around the world can choose music video selections from Youtube for a fraction of bitcoin cash (BCH), and the video will be played on the Jukebox.cash platform. Also read: Bitcoin Cash Gains Advance 4% Above BTC Jukebox.cash an Online Jukebox That Plays a Global Playlist in Real-Time for Small Fractions of BCH A jukebox is a classic machine that allows individuals to play songs…
Read MoreWendy McElroy: Here, There Is No State
The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 2. Here, there is no State. The core innovation of cryptocurrency is decentralization—the diffusion of functions or power across a broad network. The decentralization of crypto is what yanked financial control away from concentrated authorities, like central banks, and into the hands of individuals. Yet some people argue that decentralization does not exist in crypto. The argument comes from a tension between the original vision of Bitcoin and the hundreds of cryptocurrencies, the hundreds of communities…
Read MoreHow Various Countries Benefit & Suffer from Regulation Arbitrage Today
Initially dismissed as a fleeting, fringe trend by banks and regulating bodies, cryptocurrency was left largely untouched for a long time. For years, the crypto market was like the wild west. But as the cryptocurrency market and the hype around it continue to boom, financial players and governments are beginning to wake up, all scrambling to figure out just how they’ll conquer this new frontier while creating some serious arbitrage opportunities. [Editor’s note: This is a guest article submitted by Gregory Klumov, CEO of Stasis.net] Governments are racing to clamp down…
Read MoreEntersoft – a New Weapon in the Fight Against ICO Scams?
Brisbane-based platform Entersoft is providing comprehensive security solutions for the ICO industry, saving these companies from the threat of hacks and scams. Even though 2017 was the year of the crypto, the ICO industry enjoyed a major ripple effect. Startups were springing up and raising millions in just a few hours, or even minutes. Everybody wanted to be a part of the digital revolution, and rightly so. However, along with this interest in ICOs, came the threat of hacks and cybersecurity breaches. In fact, according to Business Insider Australia, it is…
Read MoreRussia’s Supreme Court Overturns Decision to Block Bitcoin Website
The Supreme Court of the Russian Federation has struck down the ban imposed on the Bitcoininfo.ru portal. The outlet is one several dozens of crypto-related websites that have been taken offline by the Russian authorities in the past few years. The decision sets a precedent which and is likely to determine the faith of many other online editions. The ruling should also put an end to arbitrary decisions by Russian prosecutors and judges. Also read: Russian Supreme Court to Decide the Fate of Bitcoin Sites Setting a Precedent for All…
Read MoreTaiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce
The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference call, the Taiwan Semiconductor Manufacturing company announced revenues of 248 billion TWD (approximately $8.46 billion USD) during the first quarter of 2018 – a 6.1 percent year-on-year increase. The company also recently revealed that March comprised…
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