Capital continues to flow into the growing esports industry, and this week was more of the same with several funding rounds by major esports organizations. The first, and most notable, was the $ 19 million Series A for Fnatic, a professional esports organization headquartered in London that fields teams in multiple games including Fortnite, CS:GO, League of Legends and Rocket League. […]
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KuCoin 2.0 Is Live and the Early Reviews Are Looking Good
KuCoin, a Singapore-based crypto exchange, completed its version 2.0 upgrade this morning, and the initial reactions have been positive. As we previously reported, 2.0 brings the following changes to the platform: Advanced API designed to offer an easy and efficient way to develop a programmatic trading strategy with Level 2 and Level 3 data. Added Limit, Stop, […]
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Traders: Bitcoin Trend Looking Ugly, Why a Slow Drop Below $3,000 is Expected
In the last 24 hours, the crypto market has slightly declined by $ 2 billion in valuation as the Bitcoin price fell by one percent. The decline in the value of major crypto assets in the likes of Ripple (XRP) and Ethereum (ETH) which recorded drops in the range of three to five percent prevented the market from continue recovering. From January 30 to January 31, the crypto market seemed to be rebounding as its valuation rose from $ 111 billion to $ 115 billion. But, in the past 12 hours, the valuation fell back to $ 112 billion, unable to sustain its momentum.
Sorry GunBroker, FreedomCoin isn’t the Token Your Gun-Toting Bitcoin Users are Looking For
Yesterday, much like any other day, I received dozens of press releases from blockchain companies and crypto public relations firms, the bulk of which were anything but newsworthy. However, given my personal interest in hunting and shooting sports, one immediately piqued my interest: GunBroker will start accepting cryptocurrency payments. Major Firearms Marketplace Embraces Cryptocurrency GunBroker, for non-shooting sports aficionados, is one of the most popular online platforms for third-party firearm sales. Using the platform, buyers and sellers throughout the United States can easily execute gun transactions across state lines. Every transfer must go through a Federal Firearms License (FFL) holder,
Toyota Shares Looking Bearish after 1.7 Million Vehicle Recall
Toyota has revealed it will recall another 1.7 million vehicles worldwide over airbag faults. The auto industry stalwart’s share price could be hit in the next session of trading. 23 Deaths Caused Worldwide by Takata Air Bag Inflators The latest recall is actually part of an ongoing recall program for Toyota which began in 2016
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Bitcoin Price Looking to Retest Yearly Low at $3,455 as Bears Gain Foothold
The bitcoin price on Wednesday plunged as much as 4.3 percent as the market continued to erase gains made during the weekend trading session. The BTC/USD index on Coinbase today established an intraday low at 3663-fiat after the 50-period moving average on the hourly chart capped the upside attempt. The pair nevertheless is trending inside
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As It Ramps Up Enforcement, the SEC Has Been Looking Abroad for Assistance
2018 has been a hallmark year for the U.S. Securities and Exchange Commission (SEC)’s enforcement against cryptocurrency companies, and, according to one director, international collaboration with other regulatory agencies has played a supporting role in the SEC’s recent regulatory actions.
Steven Peikin, co-director of the Division of Enforcement at the SEC, has credited international collaboration as a useful weapon in the agency’s arsenal for bringing fraudulent or unregistered actors to justice. Peikin made this opinion known at a speech he delivered at the Harvard Law School’s Program on International Financial Systems (PIFS) for Regulators of Securities Markets on December 3, 2018.
Why International Bitcoin Adoption Is Looking Good
Listen Here – https://soundcloud.com/cryptodaily/why-international-bitcoin-adoption-is-looking-good
We have seen some drastic movements in the markets this week, with many people looking towards the United States SEC, who are currently sat on a large number of Bitcoin ETF decisions. The markets are very sensitive to decisions that are made within the SEC, we only need to look back to earlier this year when the SEC rejected a large Bitcoin ETF application made by the Winklevoss twins.
To recap: According to Fox Business, the SEC have commented on their decision to reject the Winklevoss ETF:
Litecoin Is Looking To Take The Top Spot From Bitcoin
Listen Here – https://soundcloud.com/cryptodaily/litecoin-news-that-you-need-to-hear
The Litecoin Foundation, led by Charlie Lee and the team behind Litecoin have made a very exciting announcement recently, one that promises to bolster the use and reputation of Litecoin for sometime to come. As many of you will already know, Litecoin looks to improve on many of Bitcoin’s problems. Litecoin promises a faster network with cheaper transaction fees. The latest update promises to improve on this, making Litecoin cheaper and quicker than ever before.
Litecoin Fees to lower by 10x in next Core Release.@thrasher_au @LitecoinProject #Litecoin https://t.co/AAkBdzZkMr
— Litecoin.Com (@LitecoinDotCom) October 19, 2018
Cryptocurrency Market Sentiment is Looking up: Huobi Research
Bitcoin’s recent sell-off notwithstanding, cryptocurrency investors are beginning to grow more optimistic about the market’s short-term direction. That’s according to the latest Market Sentiment Index Report from Huobi Research, which identified a slight uptick in investor optimism over the previous month. Released on Friday, the September report is based on from survey data compiled from
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Women Are Looking to Shake Up Male-Dominated Crypto Industry
As the cryptocurrency and blockchain industries continue to evolve, some women are working to promote a culture of inclusiveness in a traditionally male heavy field.
While the creation stories behind cryptocurrencies like Bitcoin (BTC) 00 and underlying blockchain technology feature many twists and turns, one thing remains constant.
The vast majority of people in the field, from the earliest adopters to today’s Twitter personalities, are still mostly men, though there are efforts to change this such as the upcoming Crypto Springs conference with its lineup of female speakers.
Ethereum Price Under $200 – Things Are Not Looking Good
After hitting a one year low earlier last week, the Ethereum price has been struggling to stay above the $ 200 level. At the time of writing ETH is trading at $ 196, down over 10% in the past 24 hours. What is going on? What does the future hold for Ethereum? This article will attempt to answer these questions.
What is going on with the Ethereum price?
Other than the obvious factors such as the whole cryptocurrency market falling along with Bitcoin, thus dragging the Ethereum price down. There are rumors floating around that ICOs are liquidating their ETH holdings to recover some value. In the month of September alone, ICOs only raised roughly $ 21 million, which is nothing compared to the hundreds of millions that was being raised last year.
Top 4 Attack Types For Criminals Looking to Steal Cryptocurrency
Cryptocurrency users are under constant threat from hackers and scammers looking to steal their digital wealth. Even though some incidents are difficult to avoid, it would appear the major security risks still remain in place after many years. The following examples are ranked in terms of reverse popularity among criminals.
#4 The 51% Attack
Even though it would appear most cryptocurrency networks are safe from a 51% attack these days, that is not necessarily the case for some of the altcoins. During the years 2017 and 2018, numerous 51% attacks were attempted or successfully executed against various cryptocurrencies. Bitcoin Gold suffered a major attack in this regard. Rumors also circulated Verge underwent the same issue, although that was never officially confirmed by the developers. This will always remain a lingering threat, as it is not necessarily expensive to pull off such attacks.
An Update Venezuela’s Petro, It’s Looking Worse Than We Thought
The oil-backed Petro, Venezuela’s own sovereign cryptocurrency has hit headlines very recently after authorities in Venezuela announced they would be using the Petro as a tether to the Bolivar, the Venezuelan FIAT currency that is currently struggling under hyperinflation.
To give you some context around what is happening in Venezuela, according to Wired, it’s all a bit of a mess:
“The International Monetary Fund recently forecast that Venezuela’s economy will shrink about 18 per cent this year, while inflation is set to surge to one million per cent.
Blockchain Company Skycoin Looking to Break into the Korean Market
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Are Facebook Looking To Build Their Own Cryptocurrency Exchange?
Facebook, without a doubt the worlds biggest social network. Rife with controversy, uncertainty and questionable compulsiveness, there’s a chance that you probably just switched Facebook off to come and read this article. Hey, you might even have seen the article shared on Facebook.
What we are trying to put across here, is the sheer size of Facebook as a social network and as a site of cultural phenomenon. Facebook have an international reach with more than 2.2 billion users and a net income of $ 15.943 billion in 2017.
Lyn Ulbricht and the Effort to Free Ross: Looking at “the End of the Road”
The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates.
Among the people most passionate in their belief that Ulbricht has been given an unfair shake by the American justice system is his mother, Lyn Ulbricht. Her staunch support of her son should come as no surprise, and it’s a stance that has seen her make her case — that Ross was unjustly convicted and sentenced — to audiences of CNN, the Wall Street Journal and international media of every stripe.
Liverpool Looking to Use Blockchain to Become World’s First Climate Positive City
The Liverpool City Council is looking to become the world’s first climate positive city by the end of 2020 after agreeing to a partnership with an eco-digital company to integrate its blockchain-powered platform into daily operations.
The city of Liverpool has been working steadily to become more environmentally conscious. From 2012-2016, the city saw a 550 percent increase in renewable energy installations and produced 558,000 fewer tonnes of CO2. Additionally, Liverpool stated in February that it would be replacing more than 15,000 street lights with LED bulbs to save energy.
Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead
It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin. Then, we continue to review the history of Bitcoin from its Cypherpunk days, with the latest installment of The Genesis Files, this time paying tribute to Wei Dai and his “b-money” protocol.
South Korea has seen one of their cryptocurrency exchanges hacked this week, with Coinrail reporting a major theft. Meanwhile, Coinbase has added more tokens and a crypto index fund to its exchange offerings.
Bitcoin Magazine’s Week in Review: Looking to the Past and the Future
South Korea just ruled that bitcoin is a legally recognizable asset, which is good news for investors, but not such good news for convicted criminals that had managed to hold onto their cryptocurrency in the past. While 5,300 miles away in Slovenia, we see BTC City adopting full cryptocurrency support via blockchain by all vendors in the shopping center. Meanwhile, The Woz continues to have a sunny outlook on Bitcoin and predicts that, within 10 years, bitcoin will become a unifying currency around the world.