Day: August 31, 2018

Bitcoin Hovers Near $7K, as Wider Market Tips Back Into the Green

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Friday, August 30: following the mid-week’s strong upswing, the crypto markets subsequently saw widespread corrections, but most cryptocurrencies are today consolidating these higher lows. The vast majority of cryptos are in the green, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,925 at press time, up around 1 percent on the day, according to Cointelegraph’s Bitcoin price index. Having broken through the $7,000 threshold earlier this week, the top coin began to dip August 29, trading as low as $6,827 by August 30. Bitcoin’s…

Bitcoin Gets a Mention on Rapper Eminem’s New Album ‘Kamikaze’

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Bitcoin (BTC) got a new mainstream mention from U.S. rapper Ryan Daniel Montgomery, better known as Royce Da 5’9,’ in a track featured on Eminem’s new album “Kamikaze,” Forbes reports August 31. Rappers Eminem and Royce Da 5’9’ have collaborated several times throughout their careers, having recorded a combined 66 songs that have made it into the Billboard Hot 100 record chart. Eminem announced his tenth album “Kamikaze” in a tweet Friday, August 31, without much preceding promotion. According to Forbes, in “Not Alike,” the ninth track on the new…

Proactive Steps and Expert Advice

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Has the cryptocurrency exchange which you typically trade on already been hacked? If not yet, this is highly possible. Centralized exchanges, which Vitalik Buterin wished would “burn in hell,” can manipulate users’ funds and face regular attacks, while decentralized ones seem to have not yet found a balanced compromise between security and usability. At the same time, the experience of traditional banks in ensuring cybersecurity is still not in demand within the crypto industry, which leads to users’ millions of dollars theft or data breach, like in an incident happened…

Bitcoin Price Changes With Google Search Activity

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A policy advisor for the Netherlands’ central bank has claimed that Bitcoin price changes coincide with Google searches for the cryptocurrency, CNBC reports Friday, August 31. In an interview with the network Wednesday, De Nederlandsche Bank’s Joost van der Burgt said that the trend became clearer last December with the advent of the first Bitcoin futures hitting the market. “Every time bitcoin was in the news, be it positive or negative, the price went up accordingly,” he said. Bitcoin’s failure to compensate for losses which began in the last weeks…

Blockchain Job Industry Sees Sustained Uptick Despite Volatile Crypto Markets

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Data indicates that the blockchain job industry has seen a sustained uptrend in Asia, while cryptocurrency-specific applications appear to wax and wane with volatile markets, CNBC reports August 31. Recruitment firm Robert Walters told CNBC that it has seen a 50 percent increase in the number of roles related to blockchain or cryptocurrencies in Asia since 2017, noting that developers skilled in Python language programming are among the most coveted of applicants. Data from job search engine Indeed’s main Asian markets — comprising Australia, India, Singapore and Malaysia — reportedly…

Bitcoin Price to Hit $96K in 5 Years, ICO Advisory Firm Satis Group Reveals in a Report

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Initial coin offering advisory firm Satis has published a new report devoted to examination of the current value of the cryptocurrency market and actual value of assets underlying token prices. The published report also contains some predictions about the potential development of the market in the future and some points cannot but give hope to crypto investors. Though at the press time, according to the data provided by CoinMarketCap, Bitcoin is traded for $6,931 having gained less than 1% over the last 24-hour period, the researchers suppose that Bitcoin’s price…

Storing Private Keys in DNA with the Blockchain technology

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Private keys technology can go a long way Carverr a biotechnology firm will be developing an innovative new method to store private keys in synthetic deoxyribonucleic acid (DNA). Having control over the private keys in Bitcoin or any other cryptocurrency, give the ability to the holder to, properly store and secure their funds. Carverr will have a five vials with DNA sequences pegged to the private keys. DNA stores the entire genome of all living organisms, and is the oldest form of memory storage we know of. A Scientist can…

Bitcoin, Ethereum and Litecoin Trading Now Available on Yahoo Finance

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Yahoo Finance has quietly integrated trading with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform, Morgan Creek Digital founder announced in an August 29 tweet. “The Virus Is Spreading” In what many news outlets have described as a big step forward for mainstream crypto adoption, Yahoo Finance has launched a new option allowing its users to buy and sell Bitcoin, Ethereum, Bitcoin Cash and Litecoin. The popular finance platform, which previously only focused on traditional forex and capital markets, introduced the new “Buy” and “Sell” buttons next to…

South Korean Province to Issue Own Coin as Gov’t Says Crypto Should Be ‘Accepted’

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The government of a South Korean province will issue its own blockchain-based digital currency in a move to replace a state loyalty scheme, local media first reported Monday, August 27. Officials in Gyeongsangbuk-do will partner with blockchain startup Orbs to create Gyeongbuk Coin, which it will roll out to consumers in lieu of the existing “Hometown Love Gift Cards.” Gyeongsangbuk-do includes South Korea’s fourth-largest city, Daegu, with Gyeongbuk Coin set to see merchant acceptance across the region. “There are still many problems to be solved by notifying merchants of the…

The Lisk Core 1.0 Mainnet is Live

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The Lisk Core 1.0 Mainnet is Live August 31, 2018 by Paul de Havilland The Lisk Core 1.0 mainnet is live as of August 30th. The migration commenced on the 29th. The public blockchain platform that allows users to develop decentralized blockchain apps hard forked at block height 6,901,027. Also see: Old Bitcoin Whale? Wallets See Flurry of Txs After Years of Inactivity Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Zug-Based Lisk Foundation Starts New Era The Lisk Foundation, based in Zug, Switzerland, is managed by…