January 9, 2019

Thai Ministry of Finance Gives Digital Asset Business Licenses to Four Firms

January 9, 2019 boss

The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8. According to the announcement, the licenses were issued by the finance ministry “under the recommendation of the SEC Board.” The four companies that received a license are digital asset exchanges Bitcoin Exchange Co., Ltd., Bitkub Online Co., Ltd., and Satang Corporation, and cryptocurrency brokerage firm Coins TH Co., Ltd. Another application to operate a digital assets exchange — filed by…

Dollar Vigilante: Bitcoin (BTC) Nearing Bottom, Institutional Money To “Explode Crypto”

January 9, 2019 boss

Bitcoin Is Infantile, But It’s Revolutionary Nonetheless Jeff Berwick, the so-called Dollar Vigilante (a skeptic of the U.S. fiat system), recently sat down with BlockTV, an up-and-coming crypto-centric media outlet, to discuss his optimistic outlook on Bitcoin (BTC). It should come as no surprise that Berwick was bullish on decentralized cryptocurrencies, especially considering his seeming distaste for government-issued currency, but his comments held credence nonetheless. @DollarVigilante Jeff Berwick says we have nearly reached a #crypto bottom and predicts a 2019 explosion. #bitcoinsummit #bitcoin pic.twitter.com/FMoeWJt7Rk — BLOCKTV (@BLOCKTVnews) January 9, 2019…

Dollar Vigilante: Bitcoin (BTC) Nearing Bottom, Institutional Money To “Explode Crypto”

January 9, 2019 boss

Tron (TRX) Price Rises Up to 53% in Five Days

January 9, 2019 boss

The Tron price (TRX) on Wednesday maintained its bullish momentum despite a watchful sentiment across other cryptocurrencies. The TRX/USD rate today peaked towards 0.0306, up 53% for the week after posting five consecutive daily buying sessions. On a 24-hour adjusted timeframe, the pair has posted a whopping 13.56% gain against the US dollar. The strong buying sentiment has prompted Tron’s market capitalization to jump two ranks, leaving Craig Wright’s Bitcoin SV and stablecoin Tether behind. Tron is also showing strong muscles against Bitcoin. According to an aggregate price index, the…

Crypto Exchange Gate.io Confirms 51% Attack on Ethereum Classic, Promises Refunds

January 9, 2019 boss

Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. Gate.io Research has published its analysis of ETC transactions on its platform during the alleged attack, claiming it has detected seven rollback transactions — four of which were reportedly conducted by the attacker, transferring a total of 54,200 ETC in total (worth $271,500 at press time). Gate.io reports that the incident occurred over a period of 4 hours…

Single Wallet Owner Possesses 51% of Hashrate

January 9, 2019 boss

The NicheHash crypto mining marketplace contains the majority of the hashpower on the Dash network. A concerned Reddit user raised the alarm today. Single Miner Mining More Than 50% of All Dash Blocks Source: CoinWarz Dash has a total of almost 1,900 Terrhashes per second at time of writing. Meanwhile, NiceHash is responsible for more than 1,000 TH/s across over 25,000 miners. Over $2.2 Million Earned by Single Miner Analysis by the concerned Reddit user found that three of the top addresses over the last few thousand Dash blocks are…

From Bitcoin to Brexit, Here’s What Investors Need to Watch for in 2019

January 9, 2019 boss

Is it possible that the US Federal Reserve’s decision to tighten its balance sheet contributed to bitcoin and the wider cryptocurrency market losing steam in 2018? If so, what should crypto investors expect from the independently-run central bank in the future? Mati Greenspan, the senior market analyst at trading platform eToro, explored these and other questions in a wide-ranging webinar session on Tuesday. Fed’s Balance Sheet Reduction May Have Shaken Bitcoin Speaking on how even diverse asset classes can show correlation, Greenspan said that the Fed’s ongoing quantitative tightening…

From Bitcoin to Brexit, Here’s What Investors Need to Watch for in 2019

January 9, 2019 boss

US Dept. of Energy Grants $4.8 Million to Fund Research of Tech Including Blockchain

January 9, 2019 boss

The Department of Energy (DOE) of the United States has announced $4.8 million in funding for university research of technologies including blockchain, according to an announcement published Jan. 7. The funding has been announced by the department’s office of fossil energy. Projects eligible for funding include those researching emerging technologies, “such as blockchain and decentralized, peer-to-peer [P2P] internet protocols” to secure data from fossil power generation sensors. The developed systems would be used to securely process data from the sensors and other unspecified information flows within distributed sensor networks for…

Singaporean Government Backs International Blockchain Incubator LongHash

January 9, 2019 boss

Singaporean Government Backs International Blockchain Incubator LongHash January 9, 2019 by Akshay Makadiya Global blockchain startup accelerator LongHash has launched an incubation program with the aim of turning early stage blockchain ideas into real-world working businesses. Backed by the Singaporean government, the program hopes to accelerate blockchain adoption in the country. Also see: Japan’s FSA Reportedly Honing In On Crypto ETF Decision Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts LongHash to Support Five Startups International blockchain incubator LongHash has picked its maiden batch, consisting of five…