Day: June 13, 2019

John McAfee Unveils Magic Crypto Trading Portal, Site Suffers DoS Attack

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By CCN Markets: It’s never a dull day in crypto when John McAfee is involved. The outlandish computer programmer and businessman just launched his latest venture – a crypto trading portal. Knighted as McAfee Magic, the platform is live but has already experienced a few hiccups.   McAfee updates his followers. | Source: Twitter The site has experienced repeated denial-of-service (DoS) attacks preventing users from logging in to experience “the Magic”. His latest tweets, however, suggest the service is up and running at almost 100% functionality. What McAfee Magic Has…

Crypto Wallet Provider BRD Partners With Wyre to Roll Out US Bank Transfer Support

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Global mobile crypto wallet provider BRD has announced a partnership with blockchain payments and infrastructure firm Wyre that will enable its United States-based customers to purchase cryptocurrencies using bank transfers. The news was revealed in a press release shared with Cointelegraph on June 13. According to the press release, U.S. customers will be able to purchase bitcoin (BTC), ether (ETH) and dai (DAI) by directly linking their BRD wallet to their bank account and making a low-fee transfer. The new service is reportedly supported by over 1,700 U.S. banks, and…

Bitcoin SV (BSV) Jumps 15% with Investors Sold on Financial Times Coverage

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By CCN Markets: Bitcoin SV price (BSV) jumped massively on Thursday as investors took cues from the project’s mention in a Financial Times report. The BSV-to-dollar surged by more than 15-percent to establish an intraday high of $219. That brought the pair’s weekly gains up by approx 19-percent, indicating a favorable bullish revival after last week’s depressive performance. As of 0930 UTC, Bitcoin SV was trading at $212.52 on Bittrex exchange, with its market capitalization lurking around $3.78 billion. At its highest, the BSV net valuation was $4.198 billion, per…

Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash

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On June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin.io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network backed 1-to-1 for U.S. dollars. Also read: Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading Coinex Lists the USD-Backed Stablecoin USDH The digital currency trading platform Coinex, an exchange well known for offering a wide range of BCH paired markets, has announced the listing of a new stablecoin backed…

Consensus 2019: Opportunities and Challenges of Blockchain in China & the U.S.

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Since 2015, Consensus ,  the annual gathering of the cryptocurrency and Blockchain technology worlds organized by CoinDesk ,  has attracted academics, policymakers, major companies, developers, founders and investors across the cryptocurrency and Blockchain business to explore, collaborate and debate the future of the industry under one roof. As the most influential annual Blockchain event in the industry, Consensus 2019 brings together founders and experts in Blockchain, as well as Wall Street giants, Fortune 500 companies and leaders in finance, technology and politics. advertisement Spark Blockchain is a Blockchain consulting and incubation service…

Italy’s Terrifying Currency Scheme is Insanely Bullish for Bitcoin

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By CCN Markets: The Italian government is mulling the decision to issue a “parallel currency” in a move that could plunge the eurozone into crisis – and provide the best case yet for mass bitcoin adoption. In the same week, the Italian deputy prime minister proposed a tax grab on cash and valuables stored in safety deposit boxes. These crisis policies expose deep cracks in the fiat monetary system. The move prompted money historian Rebecca L. Spang to call for a new foundation of money. “The time has come for…

Italy’s Terrifying Currency Scheme is Insanely Bullish for Bitcoin

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By CCN Markets: The Italian government is mulling the decision to issue a “parallel currency” in a move that could plunge the eurozone into crisis – and provide the best case yet for mass bitcoin adoption. In the same week, the Italian deputy prime minister proposed a tax grab on cash and valuables stored in safety deposit boxes. These crisis policies expose deep cracks in the fiat monetary system. The move prompted money historian Rebecca L. Spang to call for a new foundation of money. “The time has come for…

When Coding and Personal Interests Collide

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In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum (ETH) network. As a rule, the reason lies in disagreements related to the philosophy of the project, its development or financial components. Various views on how the platform should be managed led to the conflict of interest at the headquarters of MakerDAO. It all started with the fact that Andy Milenius, the company’s chief…

Meet the Startup Attracting Attention, and Investments from Notable Blockchain Pioneers

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The Marlin Protocol was conceptualized with the sole purpose of making blockchain technology scalable enough to introduce into industries with potential and existing high throughput and growth rates. Marlin’s solution is sleek and simple, so much so that Binance Labs and key industry leaders such as Rogelio Choy have embraced the concept and are supporting further development of the Marlin Protocol. How important is communication efficiency and mass scalability within public blockchains? According to Eaze’s Rogelio Choy, former CEO of BitTorrent, and the entire team at Binance Labs, it is…

Buy Bitcoin: Hong Kong Protests Spark Fervor Regarding Freedom

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Bitcoin (BTC), a digital currency not bound by the traditional rules of fiat, may seem nebulous and useless, but geopolitical and macroeconomic events are quickly proving its viability. Over the past week, Hong Kong has seen a growing amount of political unrest as a result of proposed legislation from the local government, which would allow local authorities to ship purported criminals from the “Special Administrative Region” of China to the mainland. The Hong Kong Protests On Sunday, an estimated one million individuals from Hong Kong — a supposed one in…