Month: October 2018

Charlie Shrem on the Evolution of Crypto, Centralization, and Stablecoins

Charlie Shrem founded BitInstant in early 2011, a now-defunct platform for exchanging dollars into bitcoin. BitInstant operated until 2013 and amassed over 700,000 locations, attracting investments from prominent cryptocurrency figures like Roger Ver ($125,000) and a group of investors led by Winklevoss Capital Management ($1.5 million). Prior to its shut-down, BitInstant was processing nearly 30% …

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Elastos CMO Fay Li on Bitmain Merged Mining, Trinity, and Beyond

If you’re reading this, chances are you’re somewhat immersed in the Internet world and digital economy. You’ve likely purchased songs, movies, and books that all live online. These digital assets are “yours” in as much as you have rights to access them at any time. This seems like a fair reasonably contract, although slightly less …

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Cryptocurrency Roundup App Gets $100,000 Shark Tank Investment

Services that allow individuals to invest small amounts of money on a recurring basis have become popular in recent years, especially for young people. An automatic cryptocurrency buying app that rounds up everyday purchases has just secured a $100,000 investment on Shark Tank. Also Read: Cointext Launches SMS Bitcoin Cash Wallet in 4 New Markets …

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What Is the Komodo Platform (KMD)? | All You Need to Know

What Is the Komodo Platform? The Komodo Platform is an end-to-end blockchain solution you can use to launch your own independent blockchain or initial coin offering (ICO). However, the project expands far beyond that. Komodo is an ecosystem that also includes a decentralized exchange and a cryptocurrency anonymizer to improve the privacy of your transactions. …

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Bakkt Bitcoin Futures to Start Trading in December

Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade “will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Also read: Yahoo! Japan Confirms Entrance Into the Crypto …

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Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still …

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What is SelfKey (KEY)? | A Beginner’s Guide

What is SelfKey? SelfKey is a self-proclaimed identity management platform that allows individuals and organizations to keep full control of their identity. The creators have introduced a concept known as the Self-Sovereign Identity (SSID). The SelfKey foundation manages the project and plans to govern it based on principles of self-sovereign identity. In other words, the …

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Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes

Not a lot has changed since our last markets update four days ago as cryptocurrency markets continue moving sideways in a consolidated pattern. The top five digital assets have seen modest northbound gains this week, with increases between 1-5% over the last seven days. This Sunday, Oct. 21, the entire cryptocurrency economy of over 2,000 …

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