Month: November 2018

Bitcoin News Crypto Currency Daily Roundup November 29

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Bitcoin News The rundown: Bitcoin and all major currencies were down in the morning; New Zealand’s crypto platform Vimba introduces its crypto savings service in the U.K.; Pundi X launches the QEX fund in partnership with Quantum Energy Asset Management; Amazon announces two blockchain related services; and Vakt Global offers the “first enterprise grade” blockchain solution within the oil and gas market. Here is what is happening in the cryptocurrency market on Thursday. SEE: Blockchain Technology Partners Rolls Out Sextant On AWS Marketplace For Containers SEE: A Blockchain-Based Voting System…

The US Government Is Powerless to Block Bitcoin Addresses

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Economy & Regulation It has been widely reported this week that the U.S. government has blacklisted two BTC addresses linked to cyber crime. These particular addresses were singled out because their owners are believed to be Iranians, whose country is currently facing heavy economic sanctions from the U.S. While the BTC addresses are clearly connected to ransomware, mainstream media has gotten one crucial element of the story wrong: You can’t blacklist a bitcoin address. Also read: BCH Upgrades: What’s New and What’s Next Bitcoin: Unblockable Since 2009 The Office of Foreign…

BitTorrent Bullish On Blockchain, Now Accepts Bitcoins for Premium Products

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Image Credit: BitTorrent San Francisco-based BitTorrent, which is the company behind the world’s most popular peer-to-peer communications protocol and products namely BitTorrent and µTorrent, has started accepting cryptocurrencies for its premium digital products. In a press statement, the company said that customers can now pay for its Pro and Ads Free products using Bitcoin, TRON, and Binance Coin. They can purchase one-year subscriptions of BitTorrent or µTorrent products, including Ads Free and Pro for Windows. Pro includes anti-virus and anti-malware screening, file converting and playability in HD. “BitTorrent joins a…

TRON Announces $100 Million Blockchain Gaming Fund

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Decentralized internet protocol TRON announced its plans to launch a blockchain gaming fund dubbed TRON Arcade in a press release shared with Cointelegraph Nov. 29. TRON Arcade, which the company says is designed to “empower developers,” will see investment totalling a giant $100 million over the next three years. The move is another long-term commitment from TRON, which acquired file sharing giant BitTorrent earlier this year. According to TRON CEO Justin Sun, the Arcade will “play a crucial role” in the firm’s expanding popularity. “TRON strives to tackle existing issues…

Crypto Market Recovers, TRON Surges 33%

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Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Within the past 24 hours, the crypto market has added $19 billion to its valuation as the price of Bitcoin (BTC) surged to $4,300. After dropping to the low $3,000 region, Bitcoin engaged in an unexpected price rally, rising by more than 15 percent on a single day. The newly established momentum of Bitcoin allowed the rest of the cryptocurrency market to recover. Major digital assets…

Blockchain Technology Partner’s Sextant Blochain platform now on AWS Marketplace for Containers

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Enterprise blockchain firm Blockchain Technology Partners (BTP) has unveiled its blockchain management platform called Sextant on AWS Marketplace for Containers. The rollout is a major step forward since it represents the intersection of blockchain technology for business and cloud computing technology. Amazon’s AWS platform is popular as one of the best cloud computing platforms in the world. Meanwhile, Sextant is designed to help enterprises take advantage of blockchain’s full potential for business. With the help of Sextant, enterprises can navigate blockchain management with ease and, with the launch of AWS…

OTC Crypto Trading Is Alive and Substantial… But You Didn’t Hear That From Us

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OTC Crypto Trading Is Alive and Substantial… But You Didn’t Hear That From Us November 29, 2018 by Paul de Havilland OTC (over-the-counter) trading in cryptocurrencies is happening more than crypto markets realize. While difficult to quantify, Coinbase’s decision to launch an OTC trading desk earlier this month appears to confirm institutional interest in crypto in the background of a chilling bear market. Also read: Chinese Mining Operations Reportedly Closing Due to Crashing Crypto Markets Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Coinbase Joins Poloniex in Offering…

Hardware Wallet Ledger Nano S Announces Support for Monero

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Cryptocurrency hardware wallet manufacturer Ledger has updated its support of altcoin Monero (XMR) for its Nano S device, the company confirmed in a press release shared with Cointelegraph Nov. 29. The French company, which along with Trezor and KeepKey is one of the oldest hardware wallet manufacturers in the industry, said the Nano S was already compatible with Monero’s latest GUI 0.13 release. “We are thrilled to welcome another top-ten cryptocurrency to the Ledger platform with Monero,” CEO Eric Larchevêque commented, adding: “With this addition, Ledger devices now cover 90%…

FBI Arrests AriseBank CEO, Indicted for Fraud of Over $4 Million

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The CEO of cryptocurrency firm AriseBank was arrested by the FBI Nov. 28 on charges of defrauding hundreds of investors out of over $4 million. The news was reported in a release from the U.S. Attorney’s Office for the Northern District of Texas, published on the U.S. Department of Justice (DOJ)’s website Nov. 28. The arrested CEO, 30-year old Jared Rice, Sr., was previously the subject of a civil action filed by the U.S. Securities and Exchange Commission (SEC)’s Fort Worth regional office in February, and was indicted on three…

blockchain-based voting system; South Korea’s NEC is trialling the solution

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South Korea is among the few countries that are seriously engaging blockchain technology. According to a news release, the country’s elections authority is trialing a blockchain-based voting system. The move involves the Ministry of Science and ICT and the National Election Commission (NEC). The country’s Ministry of Science and ICT is working diligently to help the NEC hold better elections. Further, the agency will add artificial intelligence, big data, and IoT technology for more efficiency and service delivery. A blockchain-based voting system to uphold democracy Interestingly, the move comes just…