Month: September 2018

John McAfee: Without Freedom You’re Nothing, Blockchain Will Set You Free

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John McAfee: Without Freedom You’re Nothing, Blockchain Will Set You Free September 26, 2018 by Akane Yokoo “I’ve lived long enough to know that the only value in life is to become free,” says colorful blockchain commentator and investor John McAfee. Describing why he loves cryptocurrency, he stresses that this means “freedom from”. Government regulations are a big thing to be free from — he says he now knows “which ones I can walk around without paying attention to, and get away with”. Is he right? Also see: Crypto Leaders Urge…

Companies, Investors Circumvent Chinese ICO Ban

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An investigation by the Xinhua News Agency has shown it is possible to bypass China’s Initial Coin Offering (ICO) ban, according to an article published September 26. The investigation has shown that despite the government’s efforts to crack down on “ICO illegal financing,” investors can circumvent the law by using a “foreign shell” company, among other possibilities. Xinhua reports that after China’s crypto regulations became more stringent, domestic virtual currency exchanges went overseas for registration — while appearing to be shut down within the country — and were still able…

BCH Bulls Aim at $600 after Adding $2 Billion

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A combination of upbeat sentiment, positive news as Google reversal of crypto bans and favorable technical formation mean Bitcoin Cash bulls are back. Thanks to yesterday’s 18 percent surges, prices are likely to spring back towards the all-important $600 resistance and previous bear breakout level. Latest Bitcoin Cash News Perhaps, to counter competition—Gemini, Bittrex and crypto apps as Robinhood, CoinBase is planning to rapidly increase their coin and token listings. The US based Crypto exchange is a big player in the crypto world enjoying pioneer status. It describes itself as…

Swiss Startup Raises $103 Million to Launch Cryptocurrency Bank

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Switzerland-based startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to set up a bank offering cryptocurrency-related services, Reuters reported September 26. SEBA is reportedly headed by former UBS bankers — Guido Buehler as chief executive and Andreas Amschwand as chairman — and plans to apply for a banking and securities dealer license from Swiss financial market regulator FINMA. A license would allow the firm to conduct crypto trading and investments business for other banks and qualified investors. Buehler told Reuters that SEBA aims to become a…

Litecoin, EOS, Monero, Cardano, Stellar Lumens Price Analysis

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Across the sphere, bulls are dominant and that is visible as far as altcoins are concerned. EOS, Litecoin, Stellar Lumens and Cardano are rejecting lower lows. Most noteworthy are movements in ADA. Here, prices are bouncing building bull momentum as prices align with last week’s surges. All in all, we recommend buys at spot prices with targets at immediate resistances. EOS Price Analysis Swap.Online, a cross chain hot wallet, is now live. Unlike most hot wallet platforms, Swap.Online did execute atomic swaps between EOS and BTC on its test-net and…

Galaxy Digital’s Novogratz: Bitcoin (BTC) Is Literally Digital Gold, Upside Likely

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“Bitcoin Doesn’t Even Need A Use Case To Be Valuable” On Wednesday afternoon, Mike Novogratz, a well-recognized cryptocurrency proponent and former institutional investor, made a surprise appearance on CNNMoney’s “Markets Now” segment to discuss “The Future Of Money.” Are cryptocurrencies about to make a comeback? Bitcoin bull @Novogratz explains why he expects crypto prices to rally in the fourth quarter despite recent turmoil https://t.co/agzrCJr0hK pic.twitter.com/KIc5CTtCri — CNNMoney (@CNNMoney) September 26, 2018 Novogratz, who is also the founder and CEO of Galaxy Digital, a crypto and blockchain-focused merchant bank, opened up…

West Virginians Begin Using Blockchain-Based Mobile Voting App

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West Virginians have begun using a blockchain-based mobile voting app for casting absentee ballots in the upcoming midterm elections, Slate reported September 25. Citizens of West Virginia that currently live overseas have reportedly started using  a blockchain-enabled application for voting on Friday, September 21. The application — dubbed Voatz — will allow voters registered in 24 countries to cast absentee ballots via smartphone, mainly targeting military members stationed abroad. The pilot project for remote voting, which was only available to a select group of voters, started in March and was…

Blockchain Mass Adoption to Come through Games, but “Killer Apps” Needed

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With the recent increase in popularity of the blockchain technology, many believe that it is only a matter of time before this tech enters the mainstream. However, to do that, it will first need a catalyst, and many have been wondering for a while just what that might be. According to Loom Network’s recent Medium post, blockchain technology may have found that catalyst in various blockchain-based games. The post pointed out that the numerous recent announcements made by the company revolve around Zombie Battleground, a collectible card game based on…

Deloitte to Assist Insurance-Focused Blockchain Consortium to Expand Into Canada

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‘Big Four’ audit and consulting firm Deloitte will help The Institutes RiskBlock Alliance blockchain consortium expand into Canada, according to an announcement published September 25. RiskBlock Alliance is a U.S.-based consortium launched in 2017, which focuses on the application of blockchain technology in the insurance industry, with more than 30 participant organizations. The alliance is reportedly looking to launch blockchain-based applications, including a proof of insurance app, which is “a first notice of loss data-sharing process and a smart contract-enabled subrogation tool.” In the coming months, Deloitte will reportedly help RiskBlock…

Is it time for Bitcoin’s Wild Financial Run to Be Reined in?

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Satoshi Nakamoto set the spark under a massive pile of bone-dry lumber: Bitcoin and the thousands of projects inspired are allegedly setting fire to every conceivable industry on the planet. Bitcoin and Cryptocurrency What made Bitcoin so revolutionary was the fact it was the first widespread decentralized currency. No central bank or authority is dictating policies on the currency. In its place, developers, hard-line code, and a robust community would dictate changes. While Bitcoin has, for the most part, run its course unaffected by legal authorities for the first nine…