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New Karate Combat League Arena Features Bitcoin Symbol

News Just recently the web portal Karate.com owned and operated by a company called Karate Combat launched a professional combat league. The new league is meant to promote fighters from all around the world and showcase their fighting skills. One unique thing about the event, ‘Karate Combat: Inception’ is the fact there is a giant bitcoin symbol in the middle of the ring. Also read: “I don’t want this” says Mt Gox CEO Mark Karpeles in Surprise ‘Ask-Me-Anything’ The New Martial Arts League Karate Combat Features a Bitcoin Symbol in the Center Ring Martial arts (MA) and karate have become very popular sports these days, and mainstream audiences have been patronizing this activity for quite some time. One bitcoin-centric group called Bitproj.org, a nonprofit that dedicates raised funds towards increasing bitcoin awareness, decided to spread the message to MA fans. Bitproj has sponsored the league Karate Combat, and for doing so the arena features a bitcoin symbol in the middle of the fighting ring. Karate Combat’s launch has recently been featured in Sports Illustrated online publication which also shows a good crisp image of the bitcoin symbol inside the ring. Karate Combat CEO Michael DePietro explains that Karate …

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Feedspot RSS Feed | Cryptocurrencynews Made it into the Top 100!

We at Cryptocurrencynews.com, CCN, are excited to announce that we have been placed into the Top 100 Cryptocurrency Blogs, as rated by Feedspot. Our site was ranked as number 38, and we’re honored to be included among the best of the best. Now, account holders of Feedspot will be able to subscribe to the Cryptocurrencynews.com RSS feed to get all the latest updates from us. Feedspot is an advanced RSS Reader. Trying to stay up-to-date on the latest news can be a daunting task, especially if you’re used to checking multiple sites for your news sources. It allows you to put all of your daily reading into just one location. And now, that location can include us! Feedspot isn’t just for crypto enthusiasts either. You can find sites for almost any topic. From lifestyle to travel to food and beyond – it has the internet crowd covered. >> March Overview: what coins were movers and what coins were losers? On the feed, you can opt to get email alerts, subscribe to an individual website’s RSS feed, or subscribe via Facebook or Google Plus for that site. Some of the other sites on the Top 100 list include Cointelegraph and CoinDesk. The Top 100 Cryptocurrency …

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YouToken Disrupts Fintech | 2018 Global Blockchain Forum

HomePress ReleaseYouToken Disrupts FinTech and Crowdfunding at 2018 Global Blockchain Forum April 4, 2018 YouToken (YTN) presented their innovative blockchain-based crowdfunding platform to over 1,400 attendees at the 2018 Global Blockchain Forum in Santa Clara, California. Dozens of promising startups attended the event with YouToken leading the way in the FinTech and crowdfunding disruption sector. Based on blockchain technology, the platform aims to connect investors with entrepreneurs via crypto tokens and ultimately capitalize on a project in its early stages of success. Everyone from blockchain enthusiasts to VCs and Stanford, Princeton and Johns Hopkins professors gathered around YouToken’s booth to take part in interactive video demonstrations and see first hand what the newly released entrepreneur marketplace looked like. Also on hand was YouToken’s team to support individuals in grasping the concept of “human intelligence tokenization.” By minting each entrepreneur on the platform their own personal, creator tokens (expressed as YTN_creatorname), YouToken discovered a way for early-stage entrepreneurs to literally sell their ideas to investors in exchange for starting capital on their project. In return, investors get a chance to capitalize on a young creator at their earliest stages of success. In addition, the platform offers four unique smart contract options …

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Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

Regulation During the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what legal problems may arise. Also Read: Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company Chinese Corporate Executive Arrested in Tokyo The Japanese police revealed on Tuesday that they arrested a Chinese citizen in Tokyo for allegedly selling client accounts, at cryptocurrency exchanges he opened, to a group of criminals. The man is reportedly named Lin Xiaolin, and said to be a 30 years old corporate executive living in the Japanese capital city. According to reports from China, the executive was arrested on March 15, 2018. He allegedly opened the accounts at a cryptocurrency exchange in Tokyo by accessing its server from his home country under the identity of a Vietnamese individual. The Chinese man has denied these allegations. The police said that after opening an account, Lin immediately sold it off to a criminal group for approximately 100,000 …

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Bitcoin Price | Could It Plunge Another 50% Before Stabilization?

Bitcoin price has already lost more than 60% of its value from its all-time high and analysts expect BTC to make a further price correction before the coin completely stabilizes. Warnings and price crash predictions from analysts along with bans from big banks and social media platforms have significantly impacted cryptocurrency trader’s sentiments. Bitcoin price recovered slightly from the lows of $6,500 that it hit during the weekend; BTC trades in the range of $7000 today after a death cross pattern failed to create any significant impact on price. Analysts, however, expect bitcoin to fall another 50% in the days to come before creating a sustainable uptrend. Steve Bellotti of Digital Currency Holdings believes BTC price could hit the $3000 level, representing a decline of 50 – 60% from its current level. Steve Bellotti, also thinks that bitcoin and other cryptocurrencies will present better buying opportunities in the days to come. He said: “So, if you are patient, you are putting capital to work, this is a great opportunity versus right in December right before Christmas time where there was an awful lot of hype in the market, a lot of new retail customers joining every day etcetera and that …

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Ethereum and OmiseGO Team Up

OmiseGo [OMG] is the 21st largest cryptocurrency by market cap. The project’s founder, Jun Hasegawa, and Ethereum’s founder, Vitalik Buterin, just donated the equivalent of $1 Million USD in OMG tokens to refugees. The pair used the GiveDirectly platform as a way to deliver the funds to the individuals living in extreme poverty. GiveDirectly broadcasted the donation to the public by saying: “The crypto economy has grown immensely over the last year, bringing a great deal of wealth to many people and organizations within the ecosystem. In part, we simply see an exciting opportunity to share that wealth. We hope the fortunes made in the crypto space will lead not too extravagant lifestyles but to extravagant generosity.” OmiseGo has entered into a fierce industry of seeking to unbank the banked using digital assets and blockchain technology. Presently, there are just under 6 billion “banked” individuals in the world. There is a group of individuals that value the concept of not relying on global financial services that would benefit from these decentralized crypto platforms emerging. It seems that OmiseGo has also shifted its target audience, as presently there are more than 65 million individuals that are displaced from their homes. In order …

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Ripple (XRP), IOTA (MIOTA), Bitcoin (BTC)

Crypto has flip-flopped back into the red. How far have Ripple (XRP), IOTA (MIOTA), and Bitcoin (BTC) dropped? Ripple (XRP) Ripple is currently selling for $0.502886, which puts the coin down 6.70% in the past 24 hours. Source: CoinMarketCap Ripple is working with BPG Group to release a new XRP gateway in May, called “eMetals.” BPG Set to Launch a New Ripple Gateway Called ‘eMetals’ https://t.co/031jLogpCo — BPG Group (@BPG_XAU) April 3, 2018   Use the #Ripple network to buy, spend and trade #Gold, #Silver, #Platinum, #Palladium and #Rhodium (XAU, XAG, XPT, XPD and XRH). For more information please visit eMetals platform https://t.co/e3dt62cmsw — BPG Group (@BPG_XAU) March 6, 2018 The collaboration isn’t doing anything for Ripple’s price right now, but perhaps when the gateway launches, we’ll see evidence of movement reflected in XRP’s price. Although eMetals isn’t pushing people towards XRP right now, this is just one of the moves Ripple is making that is setting the ground for growth in the future. >> What else has Ripple been up to? IOTA (MIOTA) IOTA is currently selling for $0.993160, which puts the coin down 8.84% in the past 24 hours. Source: CoinMarketCap IOTA has crawled its way back into the …

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What is Bitcoin? Bitcoin Explained Simply for Dummies

Last updated on April 4th, 2018 at 01:54 pm Today we’re going to start from scratch and answer the third most searched term on Google today – What is Bitcoin? If you’re worried that we’re going to get too technical and use a lot of complicated words – don’t. Here at 99Bitcoins we translate Bitcoin into plain English so even if you have no technical background you’ll be able to understand everything. By the end of this course you’ll know more about Bitcoin and how it works than 99% of the population. Let’s get started… What is Money? Before we talk about Bitcoin I want to take a moment and talk about money. What is money exactly? At its core, money represents value. If I do some work for you, you give me money in exchange for the value I gave you. I can then use that money to get something of value from someone else in the future. Throughout history, value has taken many forms and people used a lot of different materials to represent money. Salt, wheat, shells and of course gold have all been used as a medium of exchange. However, in order for something to represent …

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South Korea Orders 12 Crypto Exchanges to Revise Consumer Contracts

Regulation South Korea’s financial watchdog today ordered a dozen cryptocurrency exchanges to update their adhesion contracts, which the agency claims causes problems for users in withdrawals, and generally puts the businesses way ahead of consumers on all levels. Also read: Trezor to Implement Bitcoin Cash Addresses South Korea Orders Exchanges to Revise Adhesion Contracts The Republic of Korea Fair Trade Commission (KFTC), the country’s regulatory authority for economic competition, “ordered 12 cryptocurrency exchanges to revise their adhesion contracts, which largely fail to provide adequate protection for consumers,” according to Yonhap. Consumer protection in South Korea is regulated under several acts, including the Consumer Protection Act, and also more specific acts, such as the Adhesion Contract Act, enacted December 31, 1986. It was later updated for the internet age, and is known as The Act on Consumer Protection in Electronic Commerce (E-Commerce Act). Its charter provides a shield on the consumer side during online transactions. It’s the main law the KFTC is appealing to. The KFTC is also looking over standard terms and conditions guidelines, and these are enforced via the Regulation of Standardized Contracts Act (RSCA). With the RSCA, the onus is on the business to disclose all …

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Tron [TRX] Test Net Update

Just four days ago, the Tron Foundation launched the first part of their team’s lofty project roadmap to decentralize the internet and give the power back to the creators. Tron’s ICO concluded back in September of last year and has been highly criticized for how long it has taken the team to release a Tron test net. Many investors, jumped on the TRX train when the coin shot up in price in mid-December through to mid-January but they were quick to criticize and sell when the coin took a nosedive of nearly -80%, in less than two weeks. Many new crypto investors jumped on altcoins seeing major gains due to “FOMO”, without actually researching the project or its roadmap. The Tron test net is the very first step for the team and it has been long awaited. Last week in the ramp up to the launch, TRX jumped nearly 75% in its price reaching above $0.0514 – the highest in weeks. During the test net launch, however, TRX corrected and it seems investors took their profits from the recent spike. In three days, the Tron team launched 126 nodes in 5 different continents. The majority of which were in the United States but China is currently running 24 …

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