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Category: Bitcoinist

Tech Talent Exodus Towards Blockchain Could be an Indicator of Crypto Success

Tech Talent Exodus Towards Blockchain Could be an Indicator of Crypto Success

Facebook may have made a significant blockchain hire recently, but there is a shift occurring in the technological landscape as leading tech giants are seeing an exodus of their top talent toward careers in blockchain. Could this be an indicator of success for the cryptocurrency sector? Just last week, Facebook hired its first Director of Engineering for blockchain technology. Though it looks like this was an internal promotion of the engineer, Evan Cheng, who has

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UK Mosque Raises 14,000 GBP in Cryptocurrency Donations Despite Concerns of Islamic Leaders

After announcing in early May that it would begin accepting cryptocurrency Sadaqah (donations), the Shacklewell Lane Mosque collected a staggering 13,983 GBP in digital currency during Ramadan.  The Turkish-run mosque in Hackney, East London initiated its plan to accept cryptocurrency earlier this summer, becoming the first in the country — and one of only a few in the world — to take digital currency as a form of donation. The Mosque partnered with London-based blockchain startup

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Luxury Platforms Have China’s New Millionaires Spending Their Cryptocurrency

Luxury

It’s no secret that Bitcoin and other cryptocurrencies have made many people quite wealthy. While some choose to simply exchange their bitcoins for fiat, others prefer to spend their wealth on luxury platforms like Dadiani Fine Arts and The White Company. When Lambo? More like when Rolls-Royce? Eleesa Dadiani is the founder of the former. Her London-based fine art gallery accepts a range of cryptocurrencies as payment including Bitcoin, Ethereum, and Ripple. The gallery forms

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Poloniex Launches Its official Mobile App for Android and iOS

Poloniex, the US-based cryptocurrency exchange platform, has launched a trading app for mobile users. This is the first official mobile app from Poloniex and is available on Android and iOS. Poloniex Trading on Your Mobile Phone Poloniex is owned by Circle, a finance company backed by Goldman Sachs. According to an announcement made on Circle’s blog, this will be the only officially supported Poloniex app in both the Android Play store and the iOS App

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Ex-Macau Gangster’s ICO Raises $750 Million in Under Five Minutes

Ex-Macau Gangster’s ICO Raises $750 Million in Under Five Minutes

Wan Kuok-koi, a former Macau triad also known as “Broken Tooth”, has teamed up with a Chinese firm to fund chess and poker tournaments in the Asian country. According to reports, Wan’s ICO for “HB” tokens was able to accrue $750 million in less than five minutes. Former gangster Wan Kuok-koi witnessed the launch of his ICO at a posh event in Cambodia and continued to find success selling his HB tokens in Thailand and

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COBINHOOD Launches Cryptocurrency/Fiat Trading Pairs

COBINHOOD Launches Cryptocurrency/Fiat Trading Pairs

COBINHOOD, a zero-fee cryptocurrency exchange platform has launched a new feature that allows users to trade cryptocurrency/USD trading pairs. The move is in keeping with the platform’s aim to claim a much more significant stake in the emerging virtual currency exchange market. Cryptocurrency/Fiat Trading on Cobinhood Based on the new feature, users will be able to trade USD in exchange for virtual coins and vice versa. Before the announcement, COBINHOOD only dealt in crypto/crypto trading

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Lack of Bitcoin-Based ETFs Challenges Cryptocurrency Investment Markets

With the decision on whether a cryptocurrency-based exchange traded fund (ETF) will ever launch in the U.S still sitting firmly with the Securities and Exchange Commission (SEC), experts continue to speculate on the market and its potential.  Managed investment funds based on cryptocurrencies may offer a less risky investment route for concerned investors, or a more familiar route for traditional, institutional investors. Though CBOE and CME Group launched bitcoin-based futures in December 2017, and the

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Russian Intelligence Officers Mined Bitcoin To Fund Attacks Against U.S. Democracy

The U.S. Department of Justice (DoJ) indicted 12 Russian intelligence officers for conspiring to influence the 2016 U.S. presidential elections. The indictment alleges these officers used Bitcoin to fund their hacking operations. Russian Intelligence Officers Used Bitcoin On July 14, 2018, the DoJ indicted 12 officers of the Russian intelligence agency, the Main Intelligence Directorate of the General Staff (GRU). These GRU agents allegedly executed large-scale hacking attacks aimed at interfering with the 2016 U.S.

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Module Poised to Refashion the World of Mobile Device Storage

Module Poised to Refashion the World of Mobile Device Storage

The era when smartphone users walked around with gigabytes of unused and underutilized storage space has come to an end. Module has developed a revolutionary blockchain-based technology that will allow individuals to lease their unused storage space for a variety of uses and be rewarded for it! Their talented group of Japanese programmers is developing a radical new solution to the cloud storage and data mining industry’s shortcomings. It is estimated that 2.53 billion smartphones

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3 Altcoin Winners and a Loser for the Week (THC, XMR, ZEN and VTR)

With terms like Bull and Bear being thrown around on a daily basis, it is becoming increasingly obvious. No one truly knows when the trends will switch. However, when they do those that remained loyal to crypto will reap tremendous rewards. There are multiple coins this week that should have significant fluctuations in value: THC, XMR, ZEN, and VTR. The Market The crypto market seems to be a tumultuous one with BTC having been as

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Bitcoin Bearish Trend May Be Over Very Soon

Trends tend to be reversed. The year of 2018 has seen Bitcoin (BTC) demonstrate both its volatility and bearish nature. However, the second half of 2017 the crypto community witnessed the exact opposite. What does the remainder for 2018 have in store? Bitcoin Last Week Bitcoin’s price bounced around due to FUD regarding a hack on Binance and positive news about Coinbase’s announcement of Coinbase Custody. Launching the service was great for the crypto-community because

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‘Scams’ And ‘Lies’: Tone Vays Takes Aim at TokenPay, Verge and Litecoin

Litecoin

Cryptocurrency trader and analyst Tone Vays has hit out at Litecoin and the self-professed “world’s most secure coin,” TokenPay — accusing the latter of being an outright “scam.” Vays: TokenPay is a Verge ‘Byproduct’ TokenPay, which together with Litecoin this week confirmed it would purchase 9.9 percent of German bank WEG, previously agreed to work with controversial cryptocurrency Verge to release a cryptocurrency debit card. While the TokenPay-Litecoin deal could ultimately see the two control 90 percent

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