Telecom Giant AT&T Now Accepts Bitcoin Payments

On May 23, telecom giant AT&T announced that customers can now pay their bills through Bitpay. The firm has become the first major U.S. mobile and landline carrier to accept BCH and BTC for payments. Also Read: US Copyright Office Responds to Craig Wright’s Bitcoin Registrations AT&T Now Accepts Crypto Payments American multinational telecom conglomerate AT&T has partnered with Bitpay to allow users to pay their bills with cryptocurrencies. Customers can use the AT&T online platform when they log on to their accounts online and select Bitpay as a payment…

Morgan Creek CEO Says Every Investor Should Hold Some Bitcoin

CEO of Morgan Creek Capital Mark Yusko says bitcoin (BTC) should be in every investor’s portfolio in an interview with CNBC on May 22. Yusko remarked that he thinks BTC investments will far outperform the S&P 500 investment fund over the next 10 years.When asked about putting money into BTC, Yusko said: “Bitcoin is a great diversifying asset. It has very low correlation. It should be in everybody’s portfolio.” Yusko also recalled his $1 million ‘Buffet Bet 2.0’, in which Morgan Creek Digital made an open bet that its Digital…

Crypto Markets Turning Green, Oil Prices Tumble

Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360. Market visualization from Coin360 The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually reaching its intraday high of $7,946. At press time, bitcoin is trading at around $7,914, up 2.64% over the past 24 hours. Bitcoin 24-hour price chart. Source: CoinMarketCap The second-largest cryptocurrency, ether (ETH), has also taken an upturn and is currently trading at around $246.50, up 0.60% on the day.…

Bitcoin (BTC) Will Cost About 9500 USD by The End of the Year, Panel of Experts Predicts

Bitcoin (BTC) is having a good season. The rebound after testing the 3000 USD zone is already evident, and many analysts think that, after a stability period of several months, the market is now on the verge of a new bullish streak. A study conducted by Finder, contrasted the opinions of 10 prominent experts in cryptocurrencies, who shared their predictions regarding Bitcoin’s performance in the months to come. Although there were different points of view, all showed an optimistic outlook. All experts agree that Bitcoin will end the year with profits,…

Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the High Court in Hong Kong, Zhao claims Sequoia Capital China prevented him from raising capital between Dec. 27, 2017 and March 1, 2018 at the height of the bitcoin bull market. Zhao Seeks an Accounting of Damages Zhao did not respond to repeated requests for comment from CCN about his…

EOS BP, Explained | Cointelegraph

2. It is based on a consensus mechanism called delegated proof-of-stake (DPoS). On a PoW blockchain like bitcoin, miners employ large amounts of computational power to solve complex mathematical equations. Once the equation is solved, the miner publishes the answer for verification by the other miners on the network, and consensus is reached. The block is then added to the chain, the miner that solved the equation collects his/her block reward, and everyone moves on to the next equation. On a PoS network like Cardano, nodes stake an amount of…

Finance IT Infrastructure Firm Partners With Institutional Crypto Exchange Seed CX

Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23. The partnership aims to allow institutional clients of Avelacom —  an IT infrastructure provider for the financial services industry — to utilize Seed CX’s real-time market data and order-routing products. Currently, Seed CX provides services of a licensed exchange for institutional trading and settlement of spot digital asset products, with plans to offer its products for Commodity Futures Trading Commission-regulated digital asset derivatives. Managing Director of Avelacom Aleksey…

Maltese Government Awards 19 Blockchain Scholarships Using DLT Fund

The Maltese government has awarded 19 students blockchain scholarships worth a total of 160,000 euro ($179,000), local publication the Malta Independent reports May 23. The scholarships were granted by Silvio Schembri, Parliamentary Secretary for Financial Services, Digital Economy and Innovation, using the $351,000 scholarship fund that was set up by Malta Digital Innovation Authority (MITA) and the University of Malta in August 2018. According to the Malta Independent, all the awardees will further apply for a Master’s degree in blockchain and distributed ledger technologies (DLT), with separate groups of students…

Vitalik Buterin Proposes Privacy Solution for Ethereum (ETH) Transactions

Vitalik Buterin, co-founder of Ethereum, has proposed a new implementation for Ethereum that would provide a degree of anonymity to ‘one-off’ ETH transactions. With cryptocurrency adoption gaining steam throughout the first half of 2019, some of the industry focus is beginning to shift on towards privacy and protecting the anonymity of cryptocurrency users–all while maintaining the integrity of public blockchains. It may seem contradictory that an open-ledger, open-source technology like cryptocurrency would attempt to disguise itself with anonymous transactions. However, as Buterin writes in a post published on Wednesday, “We…

E-Commerce Giant Alibaba to Integrate Blockchain Into Intellectual Property System

Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said that Alibaba is in the process of upgrading the filing of intellectual property rights by utilizing blockchain. Alibaba is planning to fully implement the technology in September, after which it will be expanded to digital copyright protection, including visual content. The system will purportedly allow electronic deposits from international brands to directly link…