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OKEx Launches a ‘Timeless’ Bitcoin Derivatives Product

December 5th, 2018

On Monday, Malta-based Crypto Exchange, OKEx, launched a product which it says, ‘perfects’ its derivatives product suite. The ‘Perpetual Swap’ is a peer-to-peer virtual derivative with no expiry date, and daily settlement. Letter Swap In a fancy South Korean hotel ballroom, rife with media and guests shipped in from around the world, OKEx excitedly launched…

Best Bitcoin Brokers

December 5th, 2018

Bitcoin — the world’s largest and most popular cryptocurrency — has surely made a name for itself as a desirable asset to trade. Reaching an all-time high value upwards of $20,000 in January 2018, the market’s first and foremost digital currency gained widespread popularity. Trading Bitcoin (BTC), however, comes with a lot of specifics. Below…

Binance to Launch Binancechain For ‘Millions of Coins,’ CEO Confirms

December 4th, 2018

The world’s largest cryptocurrency exchange by means of traded volumes will be launching its own public blockchain in “a couple of months or so,” according to its CEO, Changpeng Zhao.  ‘There Will be Millions of Coins and Thousands of Blockchains’ Speaking at the stage of Forbes Asia Forum: Decrypting Blockchain, the CEO of the Binance…

Man Tortured For His Bitcoin: 4 Ways to Protect Your BTC Funds

December 4th, 2018

A Bitcoin trader from South Africa has reportedly been drugged, kidnapped, and tortured over his Bitcoin holdings. The assault happened after the man followed an invite to an anonymous presentation, highlighting the threats lurking on the internet.  Kidnapped Over Bitcoin A bitcoin trader from the area of Lanseria in Johannesburg, South Africa, has reportedly been…

Paris Protests See Support for Bitcoin Against Unchecked Money Printing

December 4th, 2018

The Paris protests have a lot more to do with Bitcoin than you think. Why? Because the root cause is not tax hikes, but unchecked money printing that erodes citizens’ savings and purchasing power. (Fiat) Money is the Root of All Evil Paris is on fire, experiencing the worst riots since the 1960s. Video footage…

Vertcoin 51% Attack Could Have Caused $100K in Double Spending

December 4th, 2018

Vertcoin has been experiencing ongoing 51% attacks, reportedly resulting in $100K of double spending on the network.  Rough Couple of Months for Vertcoin In a detailed blog post, Coinbase security engineer Mark Nesbitt revealed that Vertcoin’s network went through repeated 51% attacks, with the largest reorganization having a length of 310 blocks and a depth…

It’s Now Easier (And More Profitable) to Mine Bitcoin After Difficulty Drop

December 4th, 2018

As Bitcoin mining hash rate has decreased amid lower prices, the mining difficulty has adjusted by design, making it easier to mine bitcoin.  Bitcoin mining difficulty adjusts to lower price For most of 2018, while the bear market persisted, mining hash rate and difficulty for Bitcoin continued to increase. Now it appears that the mining…

Bitcoin, Blockchain Jobs Openings Are Booming Hitting 18-Month High

December 3rd, 2018

The Bitcoin and Blockchain jobs industry is booming despite price deflation, a new survey from Glassdoor has revealed. 1775 Bitcoin, Blockchain Jobs In August The findings, which originally appeared in mid-October, covered an 18-month period from April 2017 through August 2018. In that time, the number of job openings “related” to both Bitcoin and Blockchain…

Japan’s FSA Set to Regulate ICOs Next Month

December 3rd, 2018

Japan’s Financial Services Agency (FSA) is reportedly set to introduce a regulatory framework governing initial coin offerings (ICOs). FSA to Limit Participation Capabilities Citing sources familiar to the matter, local Japanese media Jiji Press reports that the country’s Financial Services Agency is set to introduce regulations on initial coin offerings. The financial watchdog will submit…

Bitcoin Mining: Everything You Need to Know

December 3rd, 2018

Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems. While distinct, there are certain similarities between bitcoin mining and actual mining for precious metals such as gold, for example….