Day: September 17, 2018

Elon Musk Asks Dogecoin Creator to Help Fight Crypto Scam Bots on Twitter

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The CEO of SpaceX and Tesla Elon Musk asked Jackson Palmer, the creator of Dogecoin (DOGE), to help him combat “annoying” cryptocurrency scammers on Twitter in a tweet Monday, September 17. Mentioning Palmer in his tweet, Musk wrote: “@ummjackson if you can help get rid of the annoying scam spammers, that would be much appreciated.” Palmer replied almost immediately, urging Musk to reach out to him using direct messages. The creator of Dogecoin promised to send Musk the script that could solve the problem: “If you DM me (your DMs…

Ethereum Dapp Bancor Is Expanding to EOS for Fast, Free Transactions

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Bancor, one of the most popular and valuable decentralized applications on ethereum, is expanding to the EOS blockchain. According to a company announcement, the “decentralized liquidity network,” which allows users to trade a range of ethereum-based tokens without depositing funds in an exchange or matching trades in an order book, will bring that capability to EOS. The new cross-chain product, called BancorX, will allow users to trade between select EOS-based tokens – which have yet to be specified – as well as between EOS- and ethereum-based tokens. “Bancor is now…

Seoul-Based Food Delivery Service Now Accepts Bitcoin Cash

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This week Bitcoin Cash (BCH) fans were pleased to hear another well-known merchant is now supporting BCH for payments. The South Korea-based food dispatch platform called Shuttle Delivery now accepts BCH for door-to-door meal deliveries throughout the Seoul region. Also read: Gemini Dollar Code Review Reveals the Stablecoin’s Accounts Can Be Frozen Food Service Shuttle Delivery in South Korea Now Accepts Bitcoin Cash People visiting and residents of the Seoul region in South Korea can now use bitcoin cash to pay for tasty cuisine delivered straight to their door. The firm, Shuttle Delivery,…

Dogecoin Creator Helps Elon Musk Eliminate Ethereum Scammers on Twitter

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Elon Musk, the acclaimed founder and CEO of Tesla and SpaceX, recently reached out to Dogecoin creator and Adobe product lead Jackson Palmer to eliminate Ethereum giveaway scammers on Twitter. For many months, ETH giveaway scams have plagued Twitter by spamming messages on the feed of public figures in and outside of the crypto sector to lure new users into falling for obvious phishing scams such as: “send one ETH and get 2 ETH back!” Elon Musk Reaches Out to Palmer In May, Palmer introduced a script that automatically blocks…

Bitcoin Price Intraday Analysis: BTC/USD Wedge Support Broken

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Bitcoin price on Monday depreciated against the US Dollar after consolidating sideways for the whole Asian and European sessions. The BTC/USD at the beginning of the US trading hours formed lower lows towards 6239-fiat. Before that, the pair was trading sideways owing to minimal momentum. It kickstarted the Asian session with just shy of 6500-fiat and recorded marginal gains as the day matured. BTC/USD started retracing below 6500-fiat during the early European session, displaying weak pullbacks from the said psychological level. And, right around the time of this writing, and…

Cryptocurrency Stands to Win Big in the Football Sector

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As advocates of blockchain put forward theses for revolutionizing a plethora of industries around the world, European football — one of the most ubiquitous industries — is not an exception. French soccer club Paris Saint-Germain (PSG) revealed in a Sept. 11 press release shared with Cointelegraph that it is partnering with blockchain platform Socios.com. The main outcome of the partnership is to launch a Fan Token Offering (FTO) that will give fans access to Saint-German club tokens, which come with voting rights and can also be representative of VIP status…

Cryptocurrencies Are ‘Perfect,’ But Often Used for Illicit Activities

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Cryptocurrencies are “perfect”, but are often used for bad purposes, executive chairman of multinational Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) Francisco Gonzalez Rodriguez stated in an interview with CNBC Friday, September 14. Gonzalez has claimed that the world is going through “an incredible digital revolution” which will eventually lead to a new world order. However, the BBVA executive has also stressed that there are “ripple effects” that must be understood. He further explained the risks of digital technologies: “Cryptocurrencies are perfect, but are used for bad purposes today,…

Blockchain Will Be ‘Meaningless’ Unless It Helps Build Greener Future

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Jack Ma, the founder of Chinese e-commerce giant Alibaba, has said that blockchain and other advanced technologies still need to prove they can help evolve society in a “greener and more inclusive” direction. His remarks came as part of a keynote delivered at the World Artificial Intelligence Conference in China September 17, as local outlet cnBeta reports. While Ma’s keynote focused on the challenges and common (mis)perceptions surrounding the advent of artificial intelligence (AI) in particular, he reserved a place for blockchain and internet of things (IoT) technology as technological…

Blockchain Will Be ‘Meaningless’ Unless It Helps Build Greener Future

boss

Jack Ma, the founder of Chinese e-commerce giant Alibaba, has said that blockchain and other advanced technologies still need to prove they can help evolve society in a “greener and more inclusive” direction. His remarks came as part of a keynote delivered at the World Artificial Intelligence Conference in China September 17, as local outlet cnBeta reports. While Ma’s keynote focused on the challenges and common (mis)perceptions surrounding the advent of artificial intelligence (AI) in particular, he reserved a place for blockchain and internet of things (IoT) technology as technological…

Crypto Market Steadies at $202 Billion. Low Bitcoin Volume Remains a Concern

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Over the past 24 hours, the crypto market has consistently demonstrated stability in the $202 billion region, as Bitcoin and Ethereum remained above $6,400 and $220. Yesterday, on September 16, CCN reported that the volume of Bitcoin is a concern, as it recorded nearly 30 percent drop in volume in a period of three days. As of September 17, the volume of Bitcoin still remains below $3.3 billion, down quite significantly from its $4 billion daily trading volume recorded last week. For Bitcoin to demonstrate gradual recovery from the $6,400…