Category: News Updates

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

Bitcoin.org Redesign Goes Live, Removes References to Pro-SegWit2x Companies

The famous payment network – Bitcoin.org has managed to launch its new design for the website on the 13th of June, 2018. If you look at the website, then you would realize that the references and the links to its partners like Coinbase, Blockchain, and Bitpay have been removed. Discussions on the Reference Removal  The…
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Japanese Syndicate Wallet Hacked, $10 Million Reported Missing

On the 1st of June, 2018, many had gathered for the Shopin’s Token Generation Event. It had used a hot MyEtherWallet which was a storage wallet. The wallet contained a huge amount of different tokens, which included 61 million Shopin Tokens. This event among many, had also involved a Japanese Syndicate. In some time, after…
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Vitalik Is Being Cautious Of Online Voting Using Blockchain Technology

  On 6th of June, 2018, Vitalik Buterin, who is the co-founder of Ethereum and Bitcoin Magazine, tweeted on his official Twitter account about the effectiveness of the blockchain technology used in Online Voting. What was the issue? A recent news story broke out regarding the first state in the United States, West Virginia, which…
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Cryptocurrency Market Sheds $25 Billion Overnight

  The weekend was extremely terrible for the crypto market due to a huge decline just overnight. On the 10th of June, 2018,  CCN.com reported that there was a large scale decline in the entire cryptocurrency market which accounted to be more than $25 billion! The report said that this could have happened due to a…
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Life Is Too Short To Read Fake Crypto News

Fake news is spreading everywhere, be it family related news, political/entertainment related news or even business-related news. Hence, it’s obvious that there is fake news spreading even in the crypto world. The websites or even experts related to the cryptocurrency news are in fact guilty for spreading such fallacious or rather unverified news. The reasons…
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Tron Founder Justin Sun Acquires BitTorrent after Legal Battle

On 12th of June, the founder of the well-known cryptocurrency- Tron, Justin Sun, has acquired BitTorrent Inc. at last, after over a month long struggle. What is TRON? Tron is a blockchain-based, decentralized protocol project that aims to be a content distribution platform for the digital entertainment industry. As of April 2018, the public chain…
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Wells Fargo Bans Customers from Buying Cryptocurrency with Credit Cards

In a recent report from Fortune, one of the biggest names in the banking sector, Wells Fargo, is said to join the other financial institutes in order to raise a ban against the usage of cryptocurrency. What does the report say? Wells Forgo is considered as the third largest bank in the United States with…
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No Miners? Intel Seeks to Automate DLT Block Verification

Intel, an American multinational company which is also considered as the pioneer of semiconductors and a huge software giant, has reportedly been looking for protection of a new way for the verification of the transactions on a distributed ledger. What is a distributed ledger and what is a DLT? Ledgers are basically a foundation for…
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LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business

Everyone knows Bitcoin could be easily used for any illegal services or activities such as gambling, trading, etc. Theresa Tetley from Southern California is one among the traders who have now been sentenced to prison. What exactly was the crime? The prosecutors mentioned that the fifty-year-old Theresa Tetley, who had worked in the Bitcoin Trading…
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Op-ed: Cryptocurrency is Emerging as a Mainstream Asset Class

Any kind of tech would encounter its initial stages with disdain as well as criticism. Much like the Kodak and Digital Camera revolution, Cryptocurrency also faced many obstacles among the traditional bankers/investors. In recent times, Cryptocurrency has made its place as a mainstream asset class which originally had a mystery creator till its market-cap expanded…
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