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Yellen’s Optimism May Weigh on BTC-USD
Janet Yellen hinted that the Federal Reserve could raise interest rates for a second time this year at the annual Jackson Hole economic Symposium, stating that the case for another hike had “strengthened”. The Federal Reserve Chairwoman stated, “In light…
Steemit Criticized For Ponzi Scheme-Like Network
Steemit, the so-called ‘incentivized social media platform’ has been criticized for various obvious reasons. Some experts are concerned with the technical side of the platform and are suspicious of the financial ponzi-scheme like nature of the network. One of these…
A Bus, A Family, and the Rise of Crypto
Tuesday, August 23rd at 8:07 PM: A large, unwieldy bus with the look of a museum relic from the 1960’s comes ambling along 17th Street in downtown Denver, Colorado in search of a place to park. It pulls to the…
Nxt ‘Megalodon’ Offers Bounty of $150,000 to Support Ardor Blockchain
Since its inception in 2013, the Nxt Community always manifested a great commitment, and supportive engagement, for the project. Now, a leading investor within the community known as the ‘Megalodon’, referring to the fact this individual is the single largest…
Chinese Government Agency Awards Creator of Bitcoin Resource Platform
Eric, the creator of Bitcoin resource platform and news network cnLedger, received a grant for cryptocurrency and blockchain research by National Natural Science Foundation of China earlier this week. CnLedger, which notably runs the @cnLedger Twitter handle, is a media…
Controversy Behind Bitfury’s White Paper on Untangling Transactions
The Bitfury group, a leading blockchain company that controls nearly 8.6% of the Bitcoin network’s hashrate distribution, recently released a White Paper entitled “Shared Send Untangling in Bitcoin,” which attempts to discuss the techniques of “shared send” transactions and categorize…
Monero Appreciation Intensifies on Darknet Adoption
Monero’s (XMR) recent upsurge intensified at the start of this week on plans for adoption by two large, darknet markets but where will the cryptocurrency head next? Posting an all-time high at $7.00, XMR-USD on the Poloniex exchange has since…
Chronicled’s Open Registry Combines Blockchain and IoT
There seems to be an obvious correlation between blockchain technology and the Internet of Things. As more devices are connected to the internet, sharing information and real-time micropayments become more important. The blockchain is more than capable of accommodating these…
Major Banks to Mint Their Own Virtual Currency
It was only a matter of time until the financial sector started creating their own virtual currency. Four of the world’s largest banks are creating their own utility settlement coin, which will run on distributed ledger technology. This project is…
ICONOMI’s New Financial Instruments for the Decentralized Economy
Investors unfamiliar with cryptocurrencies may be hard pressed to select ones to build a portfolio with. At first, there was bitcoin and litecoin, analogous to gold and silver, but bitcoin’s dominance has been challenged recently by the rise of cryptocurrencies…
Ethereum Classic Lays Out Roadmap
It has been just over a month since Ethereum Classic was brought into existence and supporters of this chain of Ethereum recently presented a roadmap for the next couple of years at the first Ethereum Classic (ETC) meetup in London,…
Syscoin Creators Introduce Blockchain Foundry; to Launch Blockmarket
The creators of Syscoin, a cryptocurrency designed to replicate the zero cost financial network of Bitcoin and offer other innovative built-in services like encrypted messaging, have announced the establishment of Blockchain Foundry, a company focused on the development of various…
Will Rakuten’s Acquisition of Bitcoin Startup Affect International Retail Industry?
Japan’s largest e-commerce platform and internet corporation Rakuten has acquired a Bitcoin payment startup called Bitnet, to establish a blockchain lab for extensive research and testing. Considering the dominant market share of Rakuten over the Japanese e-commerce industry, many believe…
Identity to Capitalize on Blockchain: BTCMANAGER’s Week in Review August 22
Compiled from contributions by Amy Castor, Michael Scott, Jamie Holmes and Joseph Young. Mysterious Group Claims They Hacked NSA, Asking for 1 Million Bitcoin A group of hackers known as “Shadow Brokers” appear to have hacked a cyber attack group…
Ripple CTO: Why Blockchain Can’t Gain Wide Adoption
Over the past few years, the blockchain technology has become the most popular trend in the fintech space due to the devotion of major banks and financial institutions in the development of blockchain-based products. Yet, the financial industry has failed…
China’s Largest Online Video Firm to Implement Blockchain
Leshi, the largest online video company in China with over US$1.6 billion annual revenue, has announced its plans to implement the blockchain technology at the Ministry of Electronics Standards Institute (MESI). The company has established two subsidiary organizations under its…
South Korea Establishes Fintech Center for Bruneian Startups
The Korea Fintech Industry Association (KFIA), which has been heavily involved in the development of fintech services and platforms in South Korea, have announced their plans to secure a strategic partnership with Brunei that will allow startups to collaborate and…
Bitcoin.org Warns Bitcoin Community of State-Sponsored Attack
Bitcoin.org, a website controlled by individuals selected by none other than Satoshi Nakamoto many years ago, officially released a warning that state-sponsored hackers may tamper with the binaries for the upcoming Bitcoin Core release, version 0.13.0. When a piece of…