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Monthly Archives: July 2018

DCEX Uses Ripple Tech | The Exchange Based on Ripple (XRP)

DCEX uses Ripple tech, entering the crypto market as a brand new decentralized cryptocurrency marketplace with Ripple (XRP) at its core. According to a press release published yesterday, the San Francisco-based platform just opened registration for institutional and retail investors. DCEX Uses Ripple Tech The new platform was developed by the blockchain firm AlphaPoint and in its beginning stages will offer only 15 different cryptocurrency to cryptocurrency trading pairs, all against XRP—the base trading crypto on DCEX. The 15 cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), EOS, IOTA (MIOTA), and ZCash (ZEC). In addition to the 15 already supported on DCEX, the company plans to add Cardano (ADA) and NEO in the near future as well. Some more exciting news is that DCEX will make all of these assets included in the Bloomberg Glaxay Crypto Index. This index tracks the most ‘liquid’ cryptocurrencies and presents itself as an institutional benchmark for the cryptocurrency market. Since DCEX was built on Ripple technology, it only makes sense that XRP would be its base currency. According to the press release, DCEX believes that using XRP as its base allows for high-speed transfers that will help users on the platform take …

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Bitcoin News Summary – July 9, 2018

Here’s what happened this week in Bitcoin in 99 seconds.   Crypto’s combined market cap rose over 15% from $233 billion late last week to its current level of $270 billion. Trading volumes on Binance and Houbi exchanges were up by over 100% over the last 10 days, with the volume on South Korean exchange Bithumb increasing by 230%. South Korea intends to legalize crypto and related companies. This will establish a firm legal basis for crypto in the country. Further details are expected later in the month. Binance deposits and withdrawals were suspended for several hours this week, with the exchange citing system maintenance as the reason. A glitch was reported whereby a user was charged $625,000 for the purchase of a single Syscoin, valued at around 26 cents. It was also reported that Binance has generated $300 million in total from its 10 million customers for the year-to-date. The exchange stated it expects to reach as much as $1 billion on turnover for the year. Coinbase officially launched its new Coinbase Custody service. This service caters to hedge funds and financial institutions, making it easy for them to hold crypto in high-security, cold storage accounts. Finally, Investments by …

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The Daily: Russians Used Bitcoin to Hack US Elections, Trader Bets on the Price of BTC

The Daily Russian intelligence officers accused of meddling in the 2016 presidential elections in the US have used bitcoin to finance their campaign, cover the tracks and obscure their identities, a new federal indictment suggests. You can check the details in today’s edition of Bitcoin in Brief. Also in the daily, billionaire Steven Cohen invests in crypto hedge fund, mysterious expert bets that 1 BTC will cost more than the Berkshire Hathaway’s share in five years, and a leading horse-betting platform now accepts BTC and BCH. Also read: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards Russian Agents Used Bitcoin, Mined Cryptocurrency Rod Rosenstein This Friday, a federal indictment announced by Deputy Attorney General Rod Rosenstein turned another page in the story of the alleged Russian meddling in the last US presidential election, and it features cryptocurrency. According to the document, which was released just before a major summit between Trump and Putin in Helsinki next week, Russian agents used cryptos like bitcoin in their campaign to influence the outcome of the 2016 vote. Authorities in Washington claim that hackers working for the Russian foreign military intelligence paid in crypto for servers in the US and Malaysia, website domains, and virtual …

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The Crypto Show: Cody Wilson Discusses Bitcoins Roll In Getting 3D Printed Guns Off The Ground & His Recent Defeat Of The Us Government, Gun Control Is Dead!

We kick off todays show having a little fun talking about stupid shit the government does. Then a little bit of Bitcoin 101 before Cody Wilson joins in to talk about the role Bitcoin played in getting his project off of the ground as well as his very recent victory over the State Dept. in regards to his project from 6 yrs ago DefCad.org that released the first 3D printed gun files, on to the internet. Cody says this victory in essence has put an end to gun control forever. Not only will he bring DefCad back, he’s planning on expanding that file library exponentially.   Sponsored by: Dash, CryptoCompare and Defense Distributed Links LogosRadioNetwork https://www.amazon.com/dp/1119365597/ref=cm_sw_r_sms_c_api_IQPczbQHWJKP8 TheCryptoShow FreeRoss Social Media The Crypto Show on Facebook @TheCryptoShow @The_Crypto_Show @the_crypto_show instagram The Crypto Show YouTube Tip with Crypto BTC: 139R6K7fxTYaFf2aXTid84Le1ayqMVvSCq Dash: XoeHNrTMKcLWxZpKfUnDMpRbHFNgFmRrLF LTC: LUTJtk4QqXLiDkK8pDKK3jM73VVwbp7oSr BCH: qrf5qmpya8zetcefupdcaew9ch87egl6us7xvrfzh4 ETH: 0x10cfd6916832566e82b3ab38cc6741dfd7e6164fo Views: 669 Source

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Joseph Stiglitz on Bitcoin | Bitcoin “Exists Because of the Abuses”

Joseph Stiglitz: Not everyone is a fan of Bitcoin. Despite proclamations from supporters about its revolutionary technology and the “freedom” it offers its users, many are still not convinced. If you’re Bitcoin, it must not bode well for you to have a major critic in the form of Nobel-winning economist and Columbia Professor Joseph Stiglitz. Today, Stiglitz spoke with Financial News of his concern about the adoption of the unregulated financial asset which he believes elicits illegal behaviors as it has no central authority and its users can be totally anonymous. He has spoken to Bloomberg on several occasions before about his distaste for Bitcoin. Joseph Stiglitz Has Concerns about Bitcoin The economist’s concerns center around the potential for criminal enterprises to take complete advantage of the network: “You cannot have a means of payment that is based on secrecy when you’re trying to create a transparent banking system…If you open up a hole like Bitcoin, then all the nefarious activity will go through that hole, and no government can allow that.” Despite his concerns, he believes that once the market is truly big enough, regulators will enforce rules which would render the coin useless. Currently, the cryptocurrency market is still considered …

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Facebook Finally Focuses on Blockchain Technology | CryptScout.com

The social media juggernaut, Facebook, is finally diving deep into the world of Blockchain technology. Although there have been recent reports of the company exploring this technology, it wasn’t widely publicized. David Marcus previously led Blockchain at Facebook but, the company has just shuffled several executive positions indicating that they’re going big on this new technology.According to recent reports, Evan Cheng, a director of Engineering at Facebook has changed his LinkedIn profile’s position to Director of Engineering, Blockchain. This has also been confirmed by Facebook. Evan Cheng is a highly experienced “low-level” programmer and he led the Programming Languages and Runtimes Department for 3 years. Evan Cheng had previously worked at Apple as a Senior Manager, Low Level Tools, during which he worked on compilation technology and back-end engineering. Interestingly, he also tweets regularly about Blockchain technology and is an advisor to many blockchain startup companies including ChainLink and Zilliqa. Instagram’s former Vice President of Product, Kevin Weil also has a new role as VP of Product, Blockchain at Facebook. There seems to be an uptick in the number of companies embracing Blockchain technology, and it’s not too long before we experience this technology on a daily basis! By Tim …

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Crypto Daily News | Vitalik Buterin on Centralized Exchanges; HBUS Open

In today’s edition of Crypto Daily News, we cover why Vitalik Buterin slammed centralized cryptocurrency exchanges, the Philippines making moves in cryptocurrency, and HBUS’s opening in the United States. Crypto Daily News: Vitalik Buterin Hates Centralized Exchanges On July 6th, Vitalik Buterin spoke in a ‘fireside‘ chat with Jon Evans at the TechCrunch Session focused on the blockchain. Most of the session was about Buterin’s hate for centralized cryptocurrency exchanges. “I definitely hope centralized exchanges go burn in hell as much as possible,” Buterin told Evans heatedly. His ideal situation would be to have crypto-to-crypto exchanges, but those are a long way from making their way to the market. There would be no ‘login’ or ‘sign up,’ and the money would be sent to a wallet or an output address. The exchange would only act as an input/output tunnel. Buterin’s biggest frustration with centralized exchanges has to do with the fees associated with them. Some exchanges charge $10 – $15 million to let people trade their tokens on the exchange. Ultimately, the Ethereum co-founder feels it would be difficult to live in a world where everything is either centralized or decentralized because everyone has different needs. Crypto Daily News: The Philippines …

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Buy Stuff with Bitcoin | Which Online Stores Accept CryptoCurrency?

At the time Bitcoin was launched, there were many skeptics who saw BTC merely as a passing trend that would eventually disappear as fast as it appeared. But this has not happened. Now, nearly a decade later, Bitcoin is still very much with us today and has had a profound impact on the online trade industry. Who would have thought something that only exists in virtual reality would one-day out-trump gold in its value? However, it has not been without its problems – the words Mt. Gox come to mind. But with each disaster comes new and improved mechanisms to protect Bitcoin users. Now, nearly a decade on from its inception, Bitcoin is being taken seriously as a mainstream means of transaction. That is good news for all those traders who have been holding on to their supply of Bitcoin until the right moment. Because the value of Bitcoin is sky high compared to fiat currencies, you could make a number of handsome purchases with it before even thinking about mining for more. While Bitcoin has come a long way since its initial launch back in ’09, it still has a long way to go before reaching the same level …

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Crypto World Cup Day 21

It’s Crypto World Cup Day 21. Justin Sun takes on Willy Woo and Charlie faces off against CryptoYoda. Who will move on and who will be knocked out? Today’s the final day of the quarterfinals and the last chance to take your guesses at the final two teams who will be moving into the semifinal round. How did the games go today? Let’s take a look! Check out the results and highlights of today’s games Match 1: Willy Woo 0-2 Justin Sun On paper, this seemed like it would be a simple match. No way, the hardcore fans all said, no way would Willy Woo beat Justin Sun. And they were right. Justin Sun got two goals, while Woo was left with zip, zilch, nada, thus knocking him out of the competition and catapulting Sun into his much desired semi-final place. Troniacs are still screaming, and the parties will, no doubt, be going all through the night. Match 2: CryptoYoda 2 (3)-2 (4) Charlie Lee Perhaps the more nail-biting match of the day was CryptoYoda facing off against Charlie Lee. We’ve been waiting a long time for this game, and boy, it did not disappoint! CryptoYoda scored the first goal …

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Bitcoin News Summary – July 2, 2018

Here’s what happened this week in Bitcoin in 99 seconds.   Facebook will rescind its ban on crypto ads across its social media platform. The ban was instituted in January. The move stoked rumors that Facebook is intending to launch its own crypto or even acquire US exchange giant, Coinbase. For now, all that’s clear is that crypto ads will be reaching more eyeballs. Silicon Valley investment firm Andreessen Horowitz introduced a new $300 million Dollar crypto venture fund, known as a16z crypto.  The fund will invest globally into crypto projects with proven applications, regardless of the current bearish market conditions. Chinese crypto company, BTCC, is selling a 49% stake in its crypto mining business for nearly $19 million USD. BTCC’s mining pool currently accounts for 1.6% of network hashrate. The contract stipulates a yearly profit expectation of roughly $3.8 million USD. According to results of a survey, 35% of Europeans believe Bitcoin to be the future of online payment. Two thirds of Europeans are aware of crypto and 15% of respondents wish to be paid in it. The survey was conducted by Dutch banking group, ING, who questioned about 15,000 people. the American financial regulator, the SEC, sought public …

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