Tezos is one of the cryptocurrency ICOs which has received a lot of attention of late. After raising around US$232 million in short order, there are plenty of people with incredibly high expectations for this project. So far, it seems things are not exactly going according to plan, as an internal power struggle is diminishing the project’s chances of success. It was only a matter of time until something like this happened, to say the very least. Tezos Power Struggle is Problematic No one can deny any cryptocurrency ICO raising over US$200 million is bound to run into some trouble sooner or later. In the Source: http://bitnewz.net/news/article/Tezos-ICO-Threatened-by-Internal-Power-Struggle
Fight Breaks Out in $232 Million Project Tezos, Centralization Issue Which Buterin Warned
Earlier this week, the Wall Street Journal reported that the founders of Tezos, the Ethereum-based blockchain project which previously had raised $232 million from its initial con offering (ICO) have engaged in a legal battle over the ownership of the project. By far, Tezos, the blockchain project endorsed by billionaire investor Tim Draper, has run … Continue reading Fight Breaks Out in $232 Million Project Tezos, Centralization Issue Which Buterin Warned
Brickblock: The Go-to Platform for Trading Real-World Assets on the Blockchain
A lot has happened since the inception of the blockchain and subsequent rise of Bitcoin, not to mention countless other cryptocurrencies. The growth of the industry has been quite exponential indeed, and it doesn’t look like things are going to slow down anytime soon. But despite its growth, transactions that occur on the blockchain are … Continue reading Brickblock: The Go-to Platform for Trading Real-World Assets on the Blockchain
ECB President: Bitcoin Not 'Mature' Enough to Be Regulated
Mario Draghi, president of the European Central Bank (ECB), has said that cryptocurrencies are not "mature" enough to be regulated. Source: http://bitnewz.net/news/article/ECB-President-Bitcoin-Not-Mature-Enough-to-Be-Regulated
Bitcoin Price Nears $10,000 in Zimbabwe Due to a Lack of Cash in the Country
Most people are well aware of the proliferation of malicious Monero mining software and plugins. In most cases, such tools are embedded on various websites. The Pirate Bay, for instance, is doing exactly that. So far, the overall concept of in-browser Monero mining has garnered a very bad reputation. It turns out there is now a new type of malware which attempts to achieve a similar goal. WaterMiner is a pretty worrisome threat, to say the least. WaterMiner Continues the Malicious Monero Mining Trend In a way, no one should be surprised to find out there are many different projects focusing on mining Monero illegally. Ever Source: http://bitnewz.net/news/article/WaterMiner-Is-a-New-Monero-Mining-Malware-Strain
Public Sydney University Students can Earn Ethereum Through Mobile App Purchases
Students remain a key target group for cryptocurrency adoption. Several initiatives target students through airdrops of cryptocurrency education these days. A public university in Sydney is taking a different approach in this regard They will allow students to sign up for the Unify Rewards program. As a result, participants can earn small amounts of Ethereum … Continue reading Public Sydney University Students can Earn Ethereum Through Mobile App Purchases
Every Asset Ever: Circle Pulls 'Trigger' on Investment Product Pipeline
Circle is seeking to expand, and this time it's made a key acquisition to further its interests in applying cryptocurrencies to mainstream investing. Source: http://bitnewz.net/news/article/Every-Asset-Ever-Circle-Pulls-Trigger-on-Investment-Product-Pipeline
Can Crypto Save Art?
Can Crypto Save Art? Do you think that contemporary art is mostly nonsensical crap made so rich people can shuffle money around, increase their status and help pretentious artists abuse substances till they drop? If you agree with the previous you are not entirely wrong but there is more to this than first meets … Continue reading Can Crypto Save Art?
Ether prices continue to hold strong despite technical headwinds. At press time, the ether-US dollar (ETH/USD) exchange rate is roughly $305, up from a low of $287 in the wake of a recent software upgrade. And while the price may be down from a peak of $350 in the run-up to the release, the relative price […] Source: http://bitnewz.net/news/article/Ether-Prices-Hold-Above-300-as-Fork-Fears-Fade
Sweden’s Government Sells Bitcoin in Auction at a Premium Price
Mastercard Will Now Let You Pay With Blockchain-But Not Bitcoin
After developing its own version of the bitcoin technology over the past couple of years, Mastercard (MA, -0.83%) announced Friday that it is now ... Source: http://bitnewz.net/news/article/Mastercard-Will-Now-Let-You-Pay-With-BlockchainBut-Not-bBitcoinb
Using Bitcoin to buy a sandwich could trigger a tax bill
Retailers including some Subway sandwich shops are now accepting Bitcoin. But buyer beware. You'll have to report that transaction to the IRS! Source: http://bitnewz.net/news/article/Using-bBitcoinb-to-buy-a-sandwich-could-trigger-a-tax-bill
Beware of ICO Scams
The ICO crazy poses lots of unforeseen dangers even for experienced investors. This article aims to inform about the most common scams in relation to tokens sales. Don't lose your digital funds! Phishing websites You may come across messages in which links to phishing websites are shared. They may look very similar to wallet sites … Continue reading Beware of ICO Scams
Things are getting really choppy now in the bitcoin price. We noted this morning that action during the session today was likely to be a bit unpredictable and that, as a result, we were going to stick with our breakout strategy as opposed to trying to get too fancy with a combination of breakout and … Continue reading Bitcoin Price Watch; A Final Push
Prominent Hedge Fund Manager Expects Bitcoin Price to Achieve $1 Million in 10 Years
Mark Yusko, a prominent hedge fund manager and the founder & Chief Investment Officer at Morgan Creek Capital Management, stated that he expects the Bitcoin price to surpass the $1 million mark in the long-term. $1,000,000 (long-term) https://t.co/qRCB80u5ST - Mark Yusko (@MarkYusko) October 15, 2017 $21 Trillion Market Cap For Bitcoin, Possibility? Essentially, Yusko believes … Continue reading Prominent Hedge Fund Manager Expects Bitcoin Price to Achieve $1 Million in 10 Years
Vote for CoinDesk's Most Influential People in Blockchain 2017
Who made the biggest impact this year? Complete our "Most Influential" survey for a chance to win a 50 percent discount for Consensus 2018. Source: http://bitnewz.net/news/article/Vote-for-CoinDesks-Most-Influential-People-in-Blockchain-2017
Bitcoin Price is Stuck in Sideways Momentum as $5,700 Remains out of Reach
Not much is happening with the Bitcoin price right now. More specifically, we see some sideways trading momentum again, which is not entirely uncommon right before the weekend. That doesn’t mean we will not see any more Bitcoin price action in the next 48-72 hours, but it is doubtful things will turn out in a positive manner. For the time being, reaching $5,700 remains out of reach for Bitcoin. Sideways Bitcoin price Action is Boring With virtually all cryptocurrencies remaining pretty flat right now, it is evident there is nothing to be really excited about whatsoever. Even the Bitcoin price Source: http://bitnewz.net/news/article/Bitcoin-Price-is-Stuck-in-Sideways-Momentum-as-5700-Remains-out-of-Reach Source: http://www.bitnewz.net/rss/Feed/25