Day: July 9, 2019

CRPT Gains Momentum As Crypterium Burns 100,000+ Tokens

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Crypterium, a London-based startup led by former Visa executive Steven Parker, has burned over 100,000 CRPT tokens. The company’s token is used as fuel for all crypto-fiat transactions available in the Crypterium App, reflecting a volume of about $20 million. This news follows the launch of the Crypterium Card, the first cryptocurrency card available around the globe. Nearly 4,000 Cards were shipped to 70+ countries in the first week since its launch, the company reported in a press release. The global crypto card works with Bitcoin, Litecoin, Ethereum, and USD…

Why Is Scalability So Important for Blockchain Solutions?

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Bart Wyatt leads Block.one’s Blockchain Team and is responsible for guiding the development of the company’s strategic vision for EOSIO. Bart came to Block.one as a veteran in the industry with six years dedicated to asset tokenization and decentralized identity. Prior to joining Block.one, Bart oversaw technology teams at several firms that specialized in personal privacy solutions, deniable attestations, and degradable cryptographic proofs, gaming and advertising technology. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. In the…

Blockchain Startup Solve.Care Partners with Uber to Transport Patients

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Blockchain healthcare startup Solve.Care has partnered with Uber Health to transport patients, Solve.Care announced in a press release shared with Cointelegraph on July 9. Per the release, Uber Health’s transportation services will be integrated into Solve.Care’s personal healthcare coordination and administration app Care.Wallet. Within the app, patients will reportedly be able to schedule an Uber Health ride, which claims to be compliant with the Health Insurance Portability and Accountability Act of 1996. Furthermore, patients will also be able to pay for the service with their Care.Wallet and share the costs…

Scientist Mines Bitcoin on Computer Model Used by Apollo Missions

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An American computer scientist has managed to mine Bitcoin (BTC) on a 52-year-old Apollo Guidance Computer (AGC), British tech media outlet IT Pro reports on July 9. Ken Shirriff, a specialist in reverse engineering, has reportedly worked out a code that enabled him to mine Bitcoin on one of the first integrated circuit-based computers that were used to navigate the first moon landings by the National Aeronautics and Space Administration (NASA) in the 1960s. As Shirriff wrote on his personal website, the machine on which he managed to integrate Bitcoin…

Bitcoin Marketplace with 300 Payment Methods Integrating into Large Crypto Exchange

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A peer-to-peer Bitcoin marketplace that offers more than 300 ways to buy Bitcoin has announced it is being integrated into BitMart, a global digital asset trading platform. Paxful enables its users to purchase Bitcoin using bank transfers, debit cards, online wallets like PayPal and an array of gift cards — including well-known brands such as Amazon, iTunes, Google Play and Steam Wallet. Many of these payment methods enable consumers to access the cryptocurrency instantly. The platform has now entered into a joint venture with BitMart, a digital asset trading platform…

The Libra Infographic | CCG

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What is Libra? Facebook says Libra is a “global currency and financial infrastructure”. In other words, it is a digital asset built by Facebook and powered by a new Facebook-created version of blockchain, the encrypted technology used by bitcoin and other cryptocurrencies. Why is it called Libra? The name Libra comes from the basic Roman measurement of weight. The abbreviation lb for pound is derived from Libra, and the £ symbol originally comes from an ornate L in Libra. Why is Facebook launching a cryptocurrency, and are they allowed? Facebook…

Grayscale Bitcoin Trust is Up Almost 300%, Reveals WSJ

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Grayscale Investments’ Bitcoin Trust generates an appreciation YTD of 296%. This is an elevating growth as compared with established investments displayed in the Global Dow (12.9%) and S&P 500 (18.7%) over an equal time frame. The latest impressive data from Morningstar through the Wall Street Journal (WSJ) reflects approximately 300% growth on Grayscale Investments’ Bitcoin Trust (GBTC). Bitcoin Trust Performance By the end of last month, the Wall Street Journal report revealed that the financial amazing gains had awarded Grayscale Investments’ Bitcoin Trust (GBTC) as the most competitive performing fund…

Singapore’s Tax Agency Bids to End Value-Added Tax on Cryptocurrencies

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Singapore’s tax agency is thinking of removing goods and services tax (GST), also known as value-added tax (VAT), from cryptocurrency transactions that function or are meant to function as a medium of exchange. Last Friday, the Inland Revenue Authority of Singapore (IRAS) published a document detailing what the Authority refers to as “Digital Payment Tokens.” The IRAS proposed to exempt entities that deal with such digital assets from GST liabilities. Under the current existing rules, cryptocurrency users are charged twice when they pay for goods or services using the various…

ICO publishes annual report covering an ‘unprecedented’ year

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The public has woken up to the potential of their personal data, the Information Commissioner has said as the ICO’s annual report for 2018-19 was published today. Elizabeth Denham also said it covered an ‘unprecedented’ year for the regulator. Ms Denham continued: “The ICO has covered an enormous amount of ground over the last year – from the introduction of a new data protection law, to our calls to change the freedom of information law, from record-setting fines to a record number of people raising data protection concerns. “The biggest…

Physical Bitcoin (BTC) Sold on eBay for nearly $100,000

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A super-rare physical bitcoin from the early 2010s which stored the value of a single bitcoin hit the online auction site eBay on July 1, 2019, fetching $99,000 in just a few days. Bullish on Bitcoin On July 1, 2019, a physical bitcoin coin was listed on eBay. The item at issue was a 2011 Casascius gold coin containing one entire bitcoin, featuring intact packaging making it a mint-condition gold coin (MS65). The value underlying the physical coin has not yet been redeemed. The private key for the bitcoin is…