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Menampilkan postingan dari April, 2016

Digital Revolution with DECENT Software Sale

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DECENT is a Decentralized Content Distribution Platform that is Open-Source and utilizes Blockchain to ensure security. Intended for creative people, authors, bloggers, publicists and their fans and followers it allows borderless publishing of any text, picture, video or music content. Intention of the project is to revolutionize Data Distribution on the Internet. DECENT is acting as a resourceful and independent unit. It allows information sharing without any boundaries or restriction. DECENT has come a long way so far and to bring the ideas of digital revolution into the reality, DECENT Software Sale begins in June. Matej Michalko, Founder of DECENT is proud to announce DECENT Software Sale in order to continue with the development of blockchain based content distribution DECENT Platform: After a successful period of enormous hard work, development and attendance on different conferences and meetups we reached our first milestone! DECENT Software Sale is a one-time opportun...

Looting of the Fox: The Story of Sabotage at ShapeShift

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Bitcoin, as any system of man, exhibits together both the highest ideals of utopia, and the lowest residual trash of society. [Note: some names & sensitive details have been changed] This is the story of how ShapeShift, a leading blockchain asset exchange platform, was betrayed. Not once, not twice, but three times in less than a month. In total, nearly two-hundred thousand dollars in cryptocurrency was stolen by thieves within and without, not to mention the significant resources expended in its wake. Nevertheless, no customer funds were ever lost or at risk, a milestone for an industry pocked with past tragedy, and ShapeShift itself has adapted and rebuilt, humbled by the experience learned, and ever more resolute in its mission of safe, frictionless asset exchange. In the spirit of Bitcoin’s openness, we wanted to share this story with the community; may you be informed, entertained, reflective, and ever-diligent in your own affairs. The Backstory Since it...

IOSCO Warns Investors on Crowdfunding & Bitcoin Risks

The International Organization of Securities Commissions – IOSCO – has put crowdfunding on their list of investors risks, together with Bitcoin and other cryptocurrencies. Also read: ‘Bitcoin’ Becomes Trademark in Russia to Prevent ‘Patent Trolls’ IOSCO Eyes Cryptocurrency & Crowdfunding Risks Investors all over the world are looking for ways to diversify their portfolio. Rather than sticking with government bonds, stock market trading , or foreign currency, new and disruptive models are starting to gain more traction. Among these concepts are both crowdfunding and digital currencies, both of which pose a significant investor risk according to IOSCO. Security regulators from all over the world make up  IOSCO , which has the primary goal of implementing and promoting adherence to the international strategies of securities regulation. Moreover, ISCO members seek to share their knowledge and guidance with investors all over the world, making them aware of potenti...

Trump Gets Stumped by Bitcoin Billboards

If Mexico doesn’t pay for a wall with the US, Donald Trump announced he will try to cease money transmissions to the country. Many have laughed at the concept especially those who bolster the digital currency Bitcoin. One cryptocurrency company, Genesis Mining has announced a billboard campaign that shows the virtual money’s ability to trump the candidate’s financial speed bump. Also read: Fedspeak: What the Federal Reserve Really Thinks About Bitcoin Your Wall Won’t Stop Bitcoin, Mr. Trump Recently U.S. presidential candidate Donald Trump revealed his idea to block remittances from immigrants from Mexico and stop them from sending money to their homeland. The Republican billionaire says he plans have the country pay for his proposed border wall to stop illegal immigration in a two-page memo he wrote to the Washington Post. Mexican officials have scoffed at this, but Trump says if they don’t pay he will create a financial wall stopping the remittance flow into ...

‘Bitcoin’ Becomes Trademark in Russia to Prevent ‘Patent Trolls’

Following three unsuccessful attempts by various firms to register the “Bitcoin” trademark in Russia, the Russian patent agency, Rospatent has granted the request for LLC “Bitcoin” to Russian Blockchain.community founder, Alex Fork. Also read: Russia’s Central Bank Officially Announces Blockchain ‘Work Group’ ‘Bitcoin’ Trademark Established in Russia Request No. 552645 to trademark the name “Bitcoin” has been granted in Russia, reported Russian media outlet Plusworld. The new rights holder of LLC “Bitcoin” is Alex Fork, a Russian cryptocurrency enthusiast and the author of Russia’s first book on Bitcoin.  He is also the  head of the “ Future Fintech ” accelerator in Moscow and the founder of Blockchain.community , a “voluntary association of enthusiasts, specialists, entrepreneurs, and services interested in studying, developing and applying blockchain technologies,” according to their website.  Alex Fork Fork told the public...

Ethereum’s Price Drop Reverses

The price of Ethereum has taken a significant dive over the past few weeks giving skeptics some confirmation that the currency was in a bubble. It has lost over 40% of its value since its peak at above $15 USD about a month ago. Now it appears that the recent downward trend is taking a U-turn. Also read:  ‘They’re Missing the Point!’ – Antonopoulos Slams Banks’ Blockchain Romance  Ethereum’s Market Cap Plunges Ethereum has been the talked about in great detail by the cryptocurrency community, industry executives and investors alike for the past few months. It seemed nothing could stop the programmable currency’s climb to the top as it slid into the second position below Bitcoin’s market capitalization. Positive news  kept the coin rallying as it broke into unicorn status and its market cap reached the one billion dollar mark. Headlines such as  Microsoft’s Azure program using the Turing complete token and R3 CEV connecting eleven lenders toget...

Coincheck Taking Bitcoin Donations for Japan Earthquake Victims

Japanese bitcoin exchange Coincheck is collecting donations for victims of the powerful earthquakes that struck the country’s southwest in the past week. Also read: Fedspeak: What the Federal Reserve Really Thinks About Bitcoin Bitcoin Donations Accepted At the time of writing, the fund had already received 26.865 BTC (around USD$11,615) from 146 donors. At least 29 people were killed and almost 2,000 injured when two quakes struck near Kumamoto City on Kyushu island. The first quake, measuring 6.2 magnitude on the scale of energy released, occurred in the evening of April 14, killing 10 and demolishing several buildings. That quake turned out to be only a foreshock, with a yet more powerful tremor (7.0 magnitude) hitting the region again just after midnight on April 16, causing more death and damage. Aftershocks continue to terrify residents. Still Many Unknowns The death toll continues to rise as rescuers work to clear the rubble from collapsed buildings. More t...

Bitcoin Exchanges Reveal ‘Real’ USD/CNY Rates, Says Bobby Lee

The occasional price spread between Chinese and other bitcoin exchanges can allow users to gain insight into ‘real’ USD/CNY exchange rates over official ones,  BTCC CEO and Bitcoin Foundation Board Member  Bobby Lee  told Bitcoin.com Also read: Fedspeak: What the Federal Reserve Really Thinks About Bitcoin ‘Real’ CNY/USD Rates Revealed Since the Chinese yuan (aka renminbi or CNY) is a controlled currency, its value is fixed to the USD at around 6.5 and is not freely traded on markets. There is, as with other countries under currency controls, a thriving black market in currency exchange, particularly for Chinese wanting to convert CNY into US dollars to send overseas. Black market rates tend to offer a truer indication of a fiat currency’s real value. But what is that rate, which changes daily? Unless you can obtain a quote from a Chinese street money changer directly, it can be hard to find out. Exchanges like Lee’s BTCC may be an indicator. Sometimes, f...

Fedspeak: What the Federal Reserve Really Thinks About Bitcoin

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Federal Reserve Governor,  Lael Brainard ,  praised the potential of blockchain technology while tip-toeing around Bitcoin in a recent speech. But did Brainard really ignore the elephant in the room or was her message, in fact, a cryptic rallying cry for the banking industry to unite against this decentralized, peer-to-peer, and open-access monetary system? Also read:  ‘They’re Missing the Point!’ – Antonopoulos Slams Banks’ Blockchain Romance  Federal Reserve Tip-Toes Around Bitcoin, Lauds Blockchain Lael Brainard On April 14, U.S. Federal Reserve Governor Lael Brainard gave a speech on blockchain (distributed ledger) technology at the Institute of International Finance Blockchain Roundtable in Washington, D.C.  The Institute is a global advocacy association for the financial industry, with close to 500 members from 70 countries. Throughout the speech titled “The Use of Distributed Ledger...

Datt Rebrands to ‘Yours’ with Trustless BTC Micropayments

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Datt is a decentralized and open-source content sharing platform, which offers integrated Bitcoin payments. The people behind this project recently unveiled their roadmap for this project, and a live version should be released by May 15, 2016. Also read: Japanese Negative Interest Rates Boost Vaultoro Gold Trading Datt Roadmap for 2016 Datt is the brainchild of Ryan X. Charles, Steven McKie, and Clemens Ley. A s consumers increasingly use ad blockers,  monetizing content creation is becoming more difficult every year. But this project can change all of that, as they will use Bitcoin micropayments to let consumers pay creators in a frictionless manner. Now that the roadmap has been released for this project, things are bound to get very exciting in the coming weeks. Although these time estimates may be off by a small margin, the current plan includes launching Datt on the mainnet by May 15, 2016. However, some changes have been proposed as part of this dev...

Japanese Negative Interest Rates Boost Vaultoro Gold Trading

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Bitcoin-to-gold exchange Vaultoro has noted a 13% surge in gold trading in Japan, which is possibly tied to the central bank’s negative interest rates.  Also read: ‘They’re Missing the Point!’ – Antonopoulos Slams Banks’ Blockchain Romance Vaultoro Trading Volume Surges in Japan Plenty of countries around the world are dealing with financial turmoil , and Japan is no different in that regard. The country is dealing with negative interest rates and expected inflation , which makes investors and enterprises think twice of where to invest their money. Gold seems to be an interesting choice, but it is not that easy to obtain in large quantities  for most people. Companies such as Vaultoro,  aim to  make the process a lot easier using bitcoin. Buying Bitcoin in Japan has become more convenient with the recent launch of the CoinCheck exchange, among other initiatives. Since Vaultoro allows for the exchange between Bitcoin and gold – and vice versa – th...

How To Short Bitcoin: 5 Ways To Profit From a Falling BTC Price

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 The price of any currency or asset goes both up and down over time – and Bitcoin is no different. If you have developed an interest in Bitcoin as an investment, rather than just a way to make payments and avoid feeding the sins of the banking industry, you should therefore consider looking at ways to make a prifit from a falling bitcoin price as well as increases in value. Buy and hold (or hodl as many bitcoiners say) can be good sometimes, but it can’t be the best option 100% of the time – sometimes you will need to ‘go short’ – effectively betting on the price going down. See Also: How To Make a Profit Trading Bitcoin There are various different ways that you can ‘go short’. Of course if you own a large stash of BTC then you can just sell a few in the hope of buying them back later at a cheaper price. This is the easiest way, but there are other methods that can potentially give you a larger profit – although be warned that this usually means they will also give ...