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Showing posts from December 25, 2017

How to Mine Dash if Youre a Beginner A Guide to Dash Mining with the Antminer D3

The post How to Mine Dash if You&8217re a Beginner A Guide to Dash Mining with the Antminer D3 appeared first on 99 Bitcoins.nDash is an altcoin that focuses on privacy and instant sending allowing confirmations to be done within a second. We&8217ve covered Dash and how to buy it in the past, today I would like to give you a detailed guide about how to mine it. Unlike Bitcoin, which uses the SHA-256 algorithm for Bitcoin mining, ...n

The Spirit Of Giving With Griff Green: Exclusive Interview On The Comment

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Russian Pyramid Scheme Mastermind Hawking Mavro Crypto

Sergei Mavrodi, the man behind the MMM pyramid scheme in Russia that resulted in at least 50 suicides, is back and relaunching his Mavro cryptocurrency. The crypto world can be a dangerous place. Not only do people have to contend with criminals hacking exchanges and emptying wallets, there are lots of shady characters pushing ICOs and other get-rich-quick schemes. One of the most outright brazen fraudsters is Sergei Mavrodi, the man behind the MMM pyramidnRead MorenThe post Russian Pyramid Sche

Belgium Central Bank Governor Declares Bitcoin is Not a Threat

National Bank of Belgium governor Jan Smets says that Bitcoin is not a threat, and he believes that a banking issued-cryptocurrency will be coming. It seems that every banker of prominence has an opinion on Bitcoin. Though they initially stuck their hands in the sand and ignored the cryptocurrency, Bitcoin&8217s amazing surge over 2017 has forced them to take notice. On the whole, bankers are not fans of Bitcoin as it represents an existential threat,nRead MorenThe post Belgium Central Bank

Multifunctional Mobile Financial Assistant Bloomzed Conducts the Primary Sale of BZT Crypto-Tokens

Imagine the situation that existing today financial instruments are combined within one application, and you no longer have to spend time searching for the necessary application for you, for installing it and for multiple switching between them during the day in your smartphone. Moreover, what if such application will relieve the need to carry cash and a lot of cards payment, discount, loyalty with you, and as a result, you will no longer need tonRead MorenThe post Multifunctional Mobile Financi

Blockchain Gambling Machine Placed in the Land-Based Casino

In the network appeared news that one of the offline casinos has placed a test model of the world&8217s first slot machine, fully working on blockchain technology. The futuristic style terminal developed by SmartPlay.tech represents the hardware realization of classical European roulette table. Many online casinos have already switched to cryptocurrencies and invest millions of euros in the rapidly developing bitcoin market. For example, the PlayAmo platform spent $ 2.5 million to expand its

Morgan Stanley Analyst True Price of Bitcoin Could Be Zero

In a recent report sent out to clients, Morgan Stanley analystJames Faucette cautioned that the &8220true&8221 value of Bitcoin might actually be zero. Zero. Zip. Nada. The report, titled Bitcoin Decrypted, discussed the difficultyin ascribing value to the digital currency, noting that it behaves like neither a currency nor a store-of-value commodity like gold, silver, etc&8230 Examining several keyfactors, Faucette points out Bitcoin can&8217t be valued as a currency because it

Crypto-Shekel May Be in the Cards for Israeli Lawmakers

Three government officials in Israels Ministry of Finance have confirmed they are considering issuing a state-sponsored cryptocurrency, the Shekel, to reduce the number of cash transactions within the middle eastern country. The Push for a Regulated Digital Currency The Bank of Israel is looking into the possibility of a state-sponsored digital currency, according to a few government officials that agreed to comment with the requirement of anonymity. The aim with this initiative is to reducenRea

Big Bitcoin Debate Rages On

Bitcoins colossal price swings in recent weeks have certainly grabbed the attention of both advocates and skeptics alike. Within just a couple of days, the digital asset&8217s price swung by $8,000 from just over $20k down to $12k and back up again to around $13.5k where it currently trades. The naysayers will be gloating while the investors will be looking at it as a simple market correction which offers another buying opportunity before it surgesnRead MorenThe post Big Bitcoin Debate Rages

Germany Joins European Drive For Global Regulation Of Bitcoin

The post Germany Joins European Drive For Global Regulation Of Bitcoin appeared first on CCNnGermany has joined the European push to regulate bitcoin out of concern it is being used by money-launderers, drug traffickers and terrorists. Germanys Finance Ministry welcomed French Finance Minister Bruno Le Maires proposal to ask the Group of 20 to consider joint bitcoin regulation, Bloomberg reports. The Italian government shares these concerns and is open &8230 ContinuednThe post Germany Joins

Bitcoin Mining Marketplace NiceHash Back Online, Promises Users Money Back

The post Bitcoin Mining Marketplace NiceHash Back Online, Promises Users Money Back appeared first on CCNnEarlier this month, as CCN reported, Slovenia-based bitcoin mining marketplace NiceHash was successfully breached, resulting in the loss of about 4,700 Bitcoin, at the time worth $62 million. Its users noticed that the marketplaces website had gone offline for an abnormally large period of time, before the company finally revealed it had been compromised. At &8230 ContinuednThe post Bitc

Insider Trading Is a Non-Crime Roger Ver Bites Back as GDAX Re-Opens Bitcoin Cash Trading

The post Insider Trading Is a Non-Crime Roger Ver Bites Back as GDAX Re-Opens Bitcoin Cash Trading appeared first on CCNnOutspoken bitcoin cash proponent Roger Ver downplayed accusations that Coinbase employees had engaged in insider trading prior to the public revelation that the company was adding full support for bitcoin cash. &8216Insider Trading Is a Non-Crime&8217 Roger Ver Speaking with CNBC on Wednesday, the early cryptocurrency investor and entrepreneur &8212 once known as B

Cryptocurrency Market Rebounds Within 24 Hours, Ethereum, Bitcoin Cash, Litecoin Rally

The post Cryptocurrency Market Rebounds Within 24 Hours, Ethereum, Bitcoin Cash, Litecoin Rally appeared first on CCNnWithin merely 24 hours after experiencing a major correction during which every single cryptocurrency in the market plunged in value, the cryptocurrency market has completely recovered. Speedy Recovery The market valuation of cryptocurrencies surged from $480 billion to nearly $600 billion, to the point before the correction on December 21. Today, on December 23, all &8230 Co

Belgium Central Bank Governor Bitcoin is Not a Threat Because Its Not Stable

The post Belgium Central Bank Governor Bitcoin is Not a Threat Because Its Not Stable appeared first on CCNnEarlier this week, the National Bank of Belgium governor Jan Smets said in an interview that bitcoin is not a threat to central banks because it is not stable. Its not stable like the euro, said Smets, adding creating blockchain-based digital cash could diminish our limitation to drop interest rates below zero. Flawed Argument Smets &8230 ContinuednThe post Belgium Central Bank Governo

ICOs Raise More Than $5 Billion This Year as Crowdfunding Market Evolves

The post ICOs Raise More Than $5 Billion This Year as Crowdfunding Market Evolves appeared first on CCNnThe post ICOs Raise More Than $5 Billion This Year as Crowdfunding Market Evolves appeared first on CCNn

Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors

The post Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors appeared first on CCNnIt took less than 24 hours for the bitcoin price to recover from a 30 percent drop. Earlier today, on December 23, the price of bitcoin recovered from $11,500 to $15,000, as the cryptocurrency market began to demonstrate optimistic signs of growth. Factors of Potential Short-Term Rally Since yesterday, the market valuation of cryptocurrencies has &8230 ContinuednThe post Bitcoin P

Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency Petro

The post Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency &8216Petro&8217 appeared first on CCNnAs covered by CCN, Venezuelan President Nicolas Maduro recently announced the creation of a new cryptocurrency during a Christmas television special. The new cryptocurrency, dubbed petro will be backed by commodity reserves, including oil, diamonds, and gold. Per the Venezuelan leader, it will help overcome the countrys financial blockade. At the time, opposition

BitPay Will Not Process Bitcoin Payments Below $100 Due to High Miner Fees

The post BitPay Will Not Process Bitcoin Payments Below $100 Due to High Miner Fees appeared first on CCNnBitPay, one of the largest bitcoin payment processing platforms for online merchants, will no longer process payments below $100 due to rapidly rising bitcoin transaction fees. No More $100 Transactions Over the past few months, the size of the bitcoin mempool has increased to more than 100 million bytes and the number of users, average &8230 ContinuednThe post BitPay Will Not Process Bi

What NASA, Uber, and Blockchain Startups Have in Common

The post What NASA, Uber, and Blockchain Startups Have in Common appeared first on CCNnIn November 2017, it was announced that Uber and NASA have partnered to begin developing a pilot project for air taxis. Coined Uber &8220Elevate&8221, the service is expected to have a similarbase fare as Uber &8220X&8221, creating a new ecosystem for passenger commuting and travel. On first thought, the idea of flying cars and commuter &8230 ContinuednThe post What NASA, Uber, and Blockcha

Security Tips for Wannabe Investors How to Identify ICO Scams

The post Security Tips for Wannabe Investors How to Identify ICO Scams appeared first on CCNnThe author, David Balaban, is a computer security researcher with over 15 yearsofexperience in malware analysis and antivirus software evaluation. In the current cryptocurrency climate heated up by the skyrocketing value of Bitcoin, people with financial resources on their hands treat startups in this domain as a promising opportunity to get the bang for their &8230 ContinuednThe post Security Tips f

Cryptocurrencies Decline on Christmas Eve Bitcoin, Ethereum, Ripple Down 10

The post Cryptocurrencies Decline on Christmas Eve Bitcoin, Ethereum, Ripple Down 10 appeared first on CCNnOn Christmas Eve, December 24, the price of leading cryptocurrencies fell by large margins. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, along with every other cryptocurrency in the market with the exception of a few have declined substantially in value. Out of the 10 most valuable cryptocurrencies in the market, Bitcoin Cash and Ripple have recorded &8230 ContinuednThe post Crypt

Ripple XRP Shows Resilience Amid Broader Holiday Slump

The post Ripple XRP Shows Resilience Amid Broader Holiday Slump appeared first on CCNnThe post Ripple XRP Shows Resilience Amid Broader Holiday Slump appeared first on CCNn

Swiss Online Bank Launches Bitcoin Product

The post Swiss Online Bank Launches Bitcoin Product appeared first on CCNnThere is a financial revolution on the way. A revolution born out of the need for greater accountability and transparency in the financial industry. A revolution bornon the disintermediation and decentralization of banking services and underpinned by technological tour de force, Bitcoin. Bitcoin has grown in leaps and bounds over the past few years, from &8230 ContinuednThe post Swiss Online Bank Launches Bitcoin Produ

Israel Central Bank Considers Digital Currency for Instant Payments

The post Israel Central Bank Considers Digital Currency for Instant Payments appeared first on CCNnThe Bank of Israel is reportedly considering issuing a digital currency to support a real-time nationwide payments system. In its advent to research and foster a real-time payments system in the country, the Bank of Israel sees a central bank-issued digital currency as an option for an effective and reliable infrastructure for immediate payments. For &8230 ContinuednThe post Israel Central Bank

Samsung SDS Successfully Pilots Blockchain Tech for Koreas Shipping Industry

The post Samsung SDS Successfully Pilots Blockchain Tech for Koreas Shipping Industry appeared first on CCNnA sweeping government-backed blockchain pilot application to record and track shipping logistics and documents related to import/exports has proven successful in South Korea. Samsung SDS, the IT subsidiary and technology provider of Samsung Koreas largest conglomerate, has successfully concluded a 7-month pilot of the application of blockchain technology to actual logistics locations in Ko

‘Twas The Night Before Crypto

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The Initial Christmas Offering

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