ErosCoin – An open source solution for blockchain payment industries
Possibly the largest single factor currently holding cryptocurrencies back from mass adoption is their difficulty of use for the average person. While Bitcoin and Ethereum both provide the ability to transfer value quickly and securely without borders, they both suffer from a steep learning curve, which limits interest from merchants, consumers and payment providers, and restricts growth of their platforms. EROSCOIN is setting out to create a new blockchain that is very significantly differentiated from other existing cryptocurrencies, giving the industry a payment solution that can help to expand the ecosystem and expand user adoption. Disclosure: This is a Sponsored Source: http://bitnewz.net/news/article/ErosCoin--An-open-source-solution-for-blockchain-payment-industries
Bitcoin Exchange Operator Given 16-Month Prison Sentence
Coin.mx operator Yuri Lebedev has been sentenced to 16 months in prison, according to a new report. Source: http://bitnewz.net/news/article/Bitcoin-Exchange-Operator-Given-16-Month-Prison-Sentence
Coin.mx Team Member Jailed for Running Illegal Bitcoin Exchange
There is a new development in the ongoing Coin.mx court case. As most people are well aware, this particular cryptocurrency exchange operated without an official license, which prompted the US government to scrutinize all of its operators. Yuri Lebedev has been sentenced to 16 months in prison for his part in this Bitcoin exchange. It’s an interesting plot twist, to say the very least. Coin.mx Employee Faces Extended Jail Time The story of Coin.mx has been going on for quite some time now. Although the company saw initial success, it operated without an official license. At the time, there wasn’t any official Bitcoin regulation in place just yet, but Source: http://bitnewz.net/news/article/Coinmx-Team-Member-Jailed-for-Running-Illegal-Bitcoin-Exchange
Bitcoin "doesn't solve a main need in society right now," says Royal Bank of Canada CEO
Royal Bank of Canada CEO, David McKay, is joining in calls to question the utility and legitimacy of bitcoin. "I think some people will call it a fraud. Source: http://bitnewz.net/news/article/bBitcoinb-doesn39t-solve-a-main-need-in-society-right-now-says-Royal-Bank-of-Canada-CEO
Bitcoin Price Holds at $5,900 as Ethereum, Altcoins Contract
Sun Exchange allows long-term direct investment in Solar Energy using Bitcoin
A South African blockchain startup called Sun Exchange has successfully raised US$1.6 million in seed capital for their new investment platform, which aims to provide solar power for the developing world by enabling global investments through bitcoin.Initially launched in 2015 through crowdfunding, Sun Exchange is using blockchain technology to circumvent the chief barrier to affordable solar power, which is the initial financial cost. The company is enabling investors to purchase solar panels using bitcoin, among other currencies, which can then be rented to projects. The investors earn income as the solar panels they purchase produce power, and the company pays investors using bitcoin. Sun Exchange markets the solar panels for as little as $8 per unit, making the purchase extremely affordable. Source: http://bitnewz.net/news/article/Sun-Exchange-allows-long-term-direct-investment-in-Solar-Energy-using-Bitcoin
Don't Sell Your DNA to the Corporate Devil
Your DNA contains a lot of personal information. Simply speaking, genome is the code that runs in nucleus of almost every cell in your body. This extremely sensitive information has great potential for better healthcare and understanding of human nature. But, for sure, being careless about privacy is playing with fire when it comes to DNA. Disclosure: This is a Sponsored Article Here is the real-world example. Let’s suppose you have had a genetic testing for any reason last year. Today your insurance company refused to renew an insurance policy. The reason given to you was nonsense. Well, there is Source: http://bitnewz.net/news/article/Dont-Sell-Your-DNA-to-the-Corporate-Devil
Saudi Billionaire Alwaleed Sees Enron-Like Demise for Bitcoin
Saudi billionaire Prince Alwaleed is joining the long line of skeptics saying bitcoin is a bubble as the digital currency continues to set record highs. Source: http://bitnewz.net/news/article/Saudi-Billionaire-Alwaleed-Sees-Enron-Like-Demise-for-bBitcoinb
Bitcoin is 'Enron in the making': Saudi Prince Alwaleed
Add Saudi billionaire Prince Alwaleed bin Talal to the roster of high-profile investors and financiers who don't believe bitcoin and other ... Source: http://bitnewz.net/news/article/bBitcoinb-is-39Enron-in-the-making39-Saudi-Prince-Alwaleed
Pre-ICO Jury.Online starts now!
23 October 14:00 UTC – Jury.Online runs the start of Pre-ICO today Blockchain technology is becoming increasingly popular worldwide due to its fast and convenient tools allowing to simplify processes and make secured deals because of decentralization. This inability of supervision together with raising cryptocurrency market capitalizations, where bitcoin price is now striving to 7000$, … Continue reading Pre-ICO Jury.Online starts now!
Foxconn Backs $16 Million Series B for Bitcoin Startup Abra
Abra founder Bill Barhydt now envisions that bitcoin micropayments and smart contracts, combined with IoT, can underpin a new type of consumer credit. Source: http://bitnewz.net/news/article/Foxconn-Backs-16-Million-Series-B-for-Bitcoin-Startup-Abra
As Bitcoin Price Hits Record Highs, Australia’s Government Considers Digital Currencies and Tax Implications
Blockchain for Inclusion? Gates Foundation Strikes Tepid Tone at Money2020
While it sees potential for distributed ledgers in supporting its mission, the Gates Foundation also notes limitations to the technology. Source: http://bitnewz.net/news/article/Blockchain-for-Inclusion-Gates-Foundation-Strikes-Tepid-Tone-at-Money2020
Bithumb: Bitcoin price exceeds $6000, expected to surpass $7000
SEOUL, South Korea, Oct. 23, 2017 /PRNewswire/ -- According to Bithumb (CEO Kim, Dae-shik), the world's largest cryptocurrency exchange, Bitcoin ... Source: http://bitnewz.net/news/article/Bithumb-bBitcoinb-price-exceeds-6000-expected-to-surpass-7000
Bitcoin Price is Following a "Parabolic Trend," states Australian Mainstream Media
ABC News, a national news service in Australia, has reported that bitcoin price is following a "parabolic trend," as it surged from less than $4,500 to $6,199 within less than two weeks. Since early 2017, mainstream news networks and media outlets in major regions such as Australia, South Korea, Japan, and Switzerland have started to … Continue reading Bitcoin Price is Following a "Parabolic Trend," states Australian Mainstream Media
Bitcoin is Following a "Parabolic Trend:" Australian Mainstream Media
ABC News, a national news service in Australia, has reported that bitcoin price is following a "parabolic trend," as it surged from less than $4,500 to $6,199 within less than two weeks. Since early 2017, mainstream news networks and media outlets in major regions such as Australia, South Korea, Japan, and Switzerland have started to … Continue reading Bitcoin is Following a "Parabolic Trend:" Australian Mainstream Media
IOTA Network has Been at a Standstill for Almost 48 Hours
IOTA has proven to be an interesting creation. After being in development for a long time, the tokens were finally issued to investors earlier this year. The currency quickly entered the cryptocurrency top 10 as a result. Things have slipped a bit ever since, though. Moreover, it seems the network is undergoing some major issues … Continue reading IOTA Network has Been at a Standstill for Almost 48 Hours
Bitcoin Price Shrugs off the Weekend Slump in Search of a new All-time High
After a pretty boring day for Bitcoin traders, it seems things are slowly turning around. More specifically, the Bitcoin price has risen by 1.45% over the past 24 hours, effectively pushing the value back to $5,938. It is only a matter of time until we see a price of $6,000 again. We can only hope the Bitcoin price will effectively stay above that value for quite some time to come. Bitcoin Price is on the Road to $6,000 Again Every time the Bitcoin price sets a new all-time high, it is only a matter of time until the price dips Source: http://bitnewz.net/news/article/Bitcoin-Price-Shrugs-off-the-Weekend-Slump-in-Search-of-a-new-All-time-High Source: http://www.bitnewz.net/rss/Feed/25