Menu

Blockchain

Bitcoin Price Says Goodbye To $4K Again as $3K Support Could Be Next

November 30th, 2018

The Bitcoin price fellow below $4000 again November 30 as upward momentum stalled, taking the largest cryptocurrency to local lows of $3920. $4.4K Spelled Rejection For Bitcoin The turnaround continues the trend of volatility which began two weeks ago with the advent of the Bitcoin Cash hard fork. In the intervening period, analysts and pundits…

SEC Settles Charges Against DJ Khaled and Floyd Mayweather for ICO Promotion

November 30th, 2018

The US Securities and Exchange Commission (SEC) has settled charges against DJ Khaled and Floyd Mayweather Jr for unlawful ICO promotion. Both celebrities have agreed to pay the financial penalties without admitting or denying the findings. Failure to Disclose In an official release dated November 29, the SEC has announced the settlement of charges against…

Best Bitcoin Wallet – How to Securely Store Bitcoin with Software, Apps and Hardware

November 30th, 2018

Bitcoin is a digital currency. As such, the approach to acquiring and storing it differs greatly from conventional, fiat currencies. Technically, bitcoins don’t exist in any physical shape or form and, therefore, cannot really be stored. Rather, it’s private keys used to access your public bitcoin address that needs to be stored. That’s where bitcoin…

Amazon Unveils ‘Immutable’ Quantum Ledger Database Product

November 30th, 2018

Amazon’s digital arm Amazon Web Services (AWS) revealed two new blockchain-inspired products despite the current cryptocurrency bear market. Amazon Marching Forward Despite the recent decrease across the entire cryptocurrency market, Amazon digital arm AWS (Amazon Web Services) revealed two new blockchain-oriented products, CNBC reports. According to the company’s CEO, AWS is merely responding to increasing…

Simplicity Language to Give Bitcoin Ethereum-Like Smart Contract Capabilities

November 29th, 2018

Simplicity, a combinator-based, typed, and functional language for blockchain applications can reportedly enable Bitcoin’s Script language to handle more complex yet reliable smart contracts. Bitcoin Script Language is Limited, For Now According to a new research from Blockstream on Simplicity – a blockchain applications language – distributed ledgers pose a range of unique challenges, which make traditional…

Bitcoin Will ‘Unequivocally’ Survive, Says NYSE Chairman

November 29th, 2018

Jeff Sprecher, Chairman of the New York Stock Exchange, stated his belief in the future existence of bitcoin and cryptocurrencies. Answering the question, ‘Will digital assets survive?’ he said, “The unequivocal answer is ‘Yes’.” In Need of Reassurance Following yesterday’s news that Allianz’s Chief Economic Adviser is vouching for the longevity of bitcoin, NYSE Chairman,…

Deutsche Bank Gets Raided After Calling Bitcoin a Risk for Criminal Activity

November 29th, 2018

Deutsche Bank headquarters got raided this week as another bank that regularly criticizes Bitcoin is again suspected of money laundering. Deutsche Bank Haunted by Panama Papers As Bloomberg reported November 29, an investigation into two employees at the lender has even resulted in its Frankfurt headquarters being searched, with shares falling almost 5 percent. Deutsche…

AMZN! $4K Bitcoin Still Historically Outperforming Amazon Stock

November 29th, 2018

Bitcoin price held above $4000 November 29 as talk turns to the cryptocurrency’s continuing appeal over major stocks such as Amazon in recent years. BTC Still Beats Amazon Even at $4K After a dip to lows around $3500, something not seen in over a year, Bitcoin managed to reclaim and hold onto the $4000 mark…

US Gov’t Sanctions First Bitcoin Addresses

November 29th, 2018

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators.” The actions include publishing the perp’s cryptocurrency wallet addresses, and warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions. Involvement in the SamSam Ransomware Attacks The OFAC stated that the…

‘Buyers Will be Able to Verify the Origin of Gold’ -Innnovaminex CEO [Interview)

November 29th, 2018

We spoke with Fernando García Sanz, CEO of InnovaMinex on their new platform that is applying blockchain technology in the physical mining of gold.  Blockchain technology is the technology of the future, which allows us to expand the boundaries of business in its usual sense. It can be used in various fields, including the mining industry….