VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS98.60%
Net Worth
0.485USD
STEEM
0.006STEEM
SBD
0.934SBD
Effective Power
5.007SP
├── Own SP
0.629SP
└── Incoming DelegationsDeleg
+4.378SP
Detailed Balance
| STEEM | ||
| balance | 0.003STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.003STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.629SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.378SP | SP |
| Effective Power | 5.007SP | SP |
| Reward SP (pending) | 0.337SP | SP |
| SBD | ||
| sbd_balance | 0.001SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.933SBD | SBD |
{
"balance": "0.003 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.003 STEEM",
"vesting_shares": "1022.803968 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7120.855838 VESTS",
"sbd_balance": "0.001 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.933 SBD",
"conversions": []
}Account Info
| name | davidlanz |
| id | 710901 |
| rank | 1,412,406 |
| reputation | -36066792541 |
| created | 2018-02-05T00:05:39 |
| recovery_account | steem |
| proxy | None |
| post_count | 1,316 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-05-12T10:56:15 |
| last_root_post | 2018-05-12T10:56:15 |
| last_vote_time | 2018-02-06T02:29:51 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.003 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.001 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1022.803968 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7120.855838 VESTS |
| reward_vesting_balance | 688.011021 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2018-02-05T00:14:30 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"active": {
"account_auths": [],
"key_auths": [
[
"STM8JaKT9jdMks3NVkdrcKtFgCY8tgy8qqbcdtPNqsuvxHy5KNpgs",
1
]
],
"weight_threshold": 1
},
"balance": "0.003 STEEM",
"can_vote": true,
"comment_count": 0,
"created": "2018-02-05T00:05:39",
"curation_rewards": 1,
"delegated_vesting_shares": "0.000000 VESTS",
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779059850
},
"guest_bloggers": [],
"id": 710901,
"json_metadata": "{\"profile\":{\"profile_image\":\"https://lh3.googleusercontent.com/WtLkgCOBHyIlALNYy6BcZsPCF2qYTAlCX8IXN_ts9Rc4omnrXPGKcTli1Kzq1npeo-H9vsJDb2yvK41ykL_jMbqdprvYxOkzgfT2OJh77NjIec7U10kuKYmC4GVoVfd-ElaE2yRC25JZ-CGnRZ729DEfy5hpSrKL1HYKn8-tQEvQTrGpaT37pfLZouNXmes51JEPBZHVDIiBiBIkWwCT2XQxzDCDbKEmsbgBIHZNtGif2yGUwGtzsWNT0cTL_jazCPcRwcG8N-SKegzx9OOIIQY87dmMnro3p-7KlHbQxrOT5Po0CL-jmekcQOsWO-aRbwAQ7vv23wOIYxSy3E9mh9HaR6-ZekWUh6hqaliKSrhYg9aId0AxsPUnwxPux-aRy5cBGeooQOupKr09xk0RF2PZeRcFaQ6ZA2CGdQAnKQzJZ8QM2DrFjkKbr7NjN52MiqgEiOoRwx47ueW9_zoIFMzDMPz20fEJ4NPYqXLT6PQdauRjhxb71Z8HbsUB2fH0ys9kYZ6aUHqikngSenDAnMv7wDd2w86R3wOFaIebvKh2DpiwupXLP0oPHEHs-cb9QBzw8ZCw9WO2zh96YxMNMHRTPib04uG_K9gUcJI=s48-no\",\"cover_image\":\"https://lh3.googleusercontent.com/C3ptl52WnuySLd061Dei0QE5CpAUaY4alFsdk_HXgTG0fwrNpmWLPl8CCS9P0vxCeteVD0Wi4pkeq_jywafGjbQ3_UqWjNf1S9irbnd_iHTQONMelbwtK43jK6It66sSSi_HgDZMnfazhTPW0Me6S1jrwbynC21hZn5F4soEKMHtEHfLfsXHnTrB8eLARBWg1n3euR-gAwOvktpBr8Vs6ZrHbPffPC0WswCyQjJhZxF9Bd-0vgQDkQgn8LMtyvE_GXvm-cczSyfzoIOy3pfrpHa2TZxyq_h-dOhuEGxSG5jleMHCHZThmZGQW2CKTkt_QvzLTMS8Lee9Hg2Mwntj7iWwSi30pof526qQHOhdycN-FKUE4bhRTKvarbGKCP7ec3XX4hJRFBAVzem2Su5IK_EJPbLcPR7Rk8zKnn8ptfIgxUvdqbxUTXU5LR65oZjUZmqZelo2I-j2fUvoGblbhuQcBDVfM06aC3s5KOmCg0v_qbrAPtGcxIQz33hjwivLxLfhKFQplrnsE7o8ybrdE8dDXNxVapn-FSzs8XKIK37E39r3sQvURmZebB9sxQl_EJQj1-loERdC08RwAC0rKw7S46Onrpz7SFCH2Yc=w1429-h949-no\",\"name\":\"DavidLanz\",\"about\":\"life is short play more\",\"location\":\"New York\",\"website\":\"http://blog.roodo.com/davidlanz\"}}",
"last_account_recovery": "1970-01-01T00:00:00",
"last_account_update": "2018-02-05T00:14:30",
"last_owner_update": "1970-01-01T00:00:00",
"last_post": "2018-05-12T10:56:15",
"last_root_post": "2018-05-12T10:56:15",
"last_vote_time": "2018-02-06T02:29:51",
"lifetime_vote_count": 0,
"market_history": [],
"memo_key": "STM63GNvKo3aXqLG6A8Fp8Wu3pFiXkDDcmCFh8QQY3r3sqx7EDyat",
"mined": false,
"name": "davidlanz",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"other_history": [],
"owner": {
"account_auths": [],
"key_auths": [
[
"STM7eGZgyTBz7yrkf3DjDvUXzPYh5LLFQFpJ4F6eEZgQ3b2SjwDp6",
1
]
],
"weight_threshold": 1
},
"pending_claimed_accounts": 0,
"post_bandwidth": 0,
"post_count": 1316,
"post_history": [],
"posting": {
"account_auths": [],
"key_auths": [
[
"STM6NdMVG8a553GxAWqH3LMSB9dJJaaXVZMr4Mi1oUURUBGESXRg5",
1
]
],
"weight_threshold": 1
},
"posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://lh3.googleusercontent.com/WtLkgCOBHyIlALNYy6BcZsPCF2qYTAlCX8IXN_ts9Rc4omnrXPGKcTli1Kzq1npeo-H9vsJDb2yvK41ykL_jMbqdprvYxOkzgfT2OJh77NjIec7U10kuKYmC4GVoVfd-ElaE2yRC25JZ-CGnRZ729DEfy5hpSrKL1HYKn8-tQEvQTrGpaT37pfLZouNXmes51JEPBZHVDIiBiBIkWwCT2XQxzDCDbKEmsbgBIHZNtGif2yGUwGtzsWNT0cTL_jazCPcRwcG8N-SKegzx9OOIIQY87dmMnro3p-7KlHbQxrOT5Po0CL-jmekcQOsWO-aRbwAQ7vv23wOIYxSy3E9mh9HaR6-ZekWUh6hqaliKSrhYg9aId0AxsPUnwxPux-aRy5cBGeooQOupKr09xk0RF2PZeRcFaQ6ZA2CGdQAnKQzJZ8QM2DrFjkKbr7NjN52MiqgEiOoRwx47ueW9_zoIFMzDMPz20fEJ4NPYqXLT6PQdauRjhxb71Z8HbsUB2fH0ys9kYZ6aUHqikngSenDAnMv7wDd2w86R3wOFaIebvKh2DpiwupXLP0oPHEHs-cb9QBzw8ZCw9WO2zh96YxMNMHRTPib04uG_K9gUcJI=s48-no\",\"cover_image\":\"https://lh3.googleusercontent.com/C3ptl52WnuySLd061Dei0QE5CpAUaY4alFsdk_HXgTG0fwrNpmWLPl8CCS9P0vxCeteVD0Wi4pkeq_jywafGjbQ3_UqWjNf1S9irbnd_iHTQONMelbwtK43jK6It66sSSi_HgDZMnfazhTPW0Me6S1jrwbynC21hZn5F4soEKMHtEHfLfsXHnTrB8eLARBWg1n3euR-gAwOvktpBr8Vs6ZrHbPffPC0WswCyQjJhZxF9Bd-0vgQDkQgn8LMtyvE_GXvm-cczSyfzoIOy3pfrpHa2TZxyq_h-dOhuEGxSG5jleMHCHZThmZGQW2CKTkt_QvzLTMS8Lee9Hg2Mwntj7iWwSi30pof526qQHOhdycN-FKUE4bhRTKvarbGKCP7ec3XX4hJRFBAVzem2Su5IK_EJPbLcPR7Rk8zKnn8ptfIgxUvdqbxUTXU5LR65oZjUZmqZelo2I-j2fUvoGblbhuQcBDVfM06aC3s5KOmCg0v_qbrAPtGcxIQz33hjwivLxLfhKFQplrnsE7o8ybrdE8dDXNxVapn-FSzs8XKIK37E39r3sQvURmZebB9sxQl_EJQj1-loERdC08RwAC0rKw7S46Onrpz7SFCH2Yc=w1429-h949-no\",\"name\":\"DavidLanz\",\"about\":\"life is short play more\",\"location\":\"New York\",\"website\":\"http://blog.roodo.com/davidlanz\"}}",
"posting_rewards": 653,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"proxy": "",
"received_vesting_shares": "7120.855838 VESTS",
"recovery_account": "steem",
"reputation": -36066792541,
"reset_account": "null",
"reward_sbd_balance": "0.933 SBD",
"reward_steem_balance": "0.003 STEEM",
"reward_vesting_balance": "688.011021 VESTS",
"reward_vesting_steem": "0.337 STEEM",
"savings_balance": "0.000 STEEM",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"sbd_balance": "0.001 SBD",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"sbd_seconds": "0",
"sbd_seconds_last_update": "2018-05-09T01:27:24",
"tags_usage": [],
"to_withdraw": 0,
"transfer_history": [],
"vesting_balance": "0.000 STEEM",
"vesting_shares": "1022.803968 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"vote_history": [],
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779059850
},
"voting_power": 0,
"withdraw_routes": 0,
"withdrawn": 0,
"witness_votes": [],
"witnesses_voted_for": 0,
"rank": 1412406
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 4.378 SP to @davidlanz2026/05/17 23:17:30
steemdelegated 4.378 SP to @davidlanz
2026/05/17 23:17:30
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 7120.855838 VESTS |
| Transaction Info | Block #106142299/Trx 8cc24e90d86a5c90fcdf13f695e3eed1321db33d |
View Raw JSON Data
{
"block": 106142299,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "7120.855838 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-17T23:17:30",
"trx_id": "8cc24e90d86a5c90fcdf13f695e3eed1321db33d",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.711 SP to @davidlanz2026/05/11 23:57:39
steemdelegated 2.711 SP to @davidlanz
2026/05/11 23:57:39
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 4408.645433 VESTS |
| Transaction Info | Block #105971066/Trx b30d539eb5821f392af9936bf7274e4bdf33f00d |
View Raw JSON Data
{
"block": 105971066,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "4408.645433 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-11T23:57:39",
"trx_id": "b30d539eb5821f392af9936bf7274e4bdf33f00d",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 4.386 SP to @davidlanz2026/04/25 22:40:03
steemdelegated 4.386 SP to @davidlanz
2026/04/25 22:40:03
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 7133.371594 VESTS |
| Transaction Info | Block #105509981/Trx d41b618dbc5bd09815b95f295a72854fc37f7ea7 |
View Raw JSON Data
{
"block": 105509981,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "7133.371594 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-04-25T22:40:03",
"trx_id": "d41b618dbc5bd09815b95f295a72854fc37f7ea7",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 2.736 SP to @davidlanz2026/01/23 05:13:15
steemdelegated 2.736 SP to @davidlanz
2026/01/23 05:13:15
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 4450.192252 VESTS |
| Transaction Info | Block #102848718/Trx 194ac628254c4595e7bf7da758e4f4eab2478f2b |
View Raw JSON Data
{
"block": 102848718,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "4450.192252 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-01-23T05:13:15",
"trx_id": "194ac628254c4595e7bf7da758e4f4eab2478f2b",
"trx_in_block": 2,
"virtual_op": 0
}bvale809replied to @davidlanz / re-davidlanz-2018214t17425847z2025/07/05 23:24:48
bvale809replied to @davidlanz / re-davidlanz-2018214t17425847z
2025/07/05 23:24:48
| author | bvale809 |
| body | 1 |
| json metadata | {"format":"markdown+html","community":"esteem","app":"steemit/0.2"} |
| parent author | davidlanz |
| parent permlink | cryptocurrency-news-canada-build-digital-bitcoin-vault-to-protect-investors-from-hacking |
| permlink | re-davidlanz-2018214t17425847z |
| title | |
| Transaction Info | Block #97067511/Trx e1fa692faf590319eedec66483262368be109c90 |
View Raw JSON Data
{
"block": 97067511,
"op": [
"comment",
{
"author": "bvale809",
"body": "1",
"json_metadata": "{\"format\":\"markdown+html\",\"community\":\"esteem\",\"app\":\"steemit/0.2\"}",
"parent_author": "davidlanz",
"parent_permlink": "cryptocurrency-news-canada-build-digital-bitcoin-vault-to-protect-investors-from-hacking",
"permlink": "re-davidlanz-2018214t17425847z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2025-07-05T23:24:48",
"trx_id": "e1fa692faf590319eedec66483262368be109c90",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.837 SP to @davidlanz2024/12/17 00:33:09
steemdelegated 2.837 SP to @davidlanz
2024/12/17 00:33:09
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 4614.411449 VESTS |
| Transaction Info | Block #91295142/Trx 5685e5f17920f0ff30988d7499a38feae8aceee5 |
View Raw JSON Data
{
"block": 91295142,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "4614.411449 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2024-12-17T00:33:09",
"trx_id": "5685e5f17920f0ff30988d7499a38feae8aceee5",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.941 SP to @davidlanz2023/11/13 16:16:48
steemdelegated 2.941 SP to @davidlanz
2023/11/13 16:16:48
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 4783.544981 VESTS |
| Transaction Info | Block #79849372/Trx e72e6af35c260c20eded5c46cf4aa7f8c00fb2a0 |
View Raw JSON Data
{
"block": 79849372,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "4783.544981 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-11-13T16:16:48",
"trx_id": "e72e6af35c260c20eded5c46cf4aa7f8c00fb2a0",
"trx_in_block": 4,
"virtual_op": 0
}steemdelegated 4.747 SP to @davidlanz2023/09/21 20:42:00
steemdelegated 4.747 SP to @davidlanz
2023/09/21 20:42:00
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 7720.823767 VESTS |
| Transaction Info | Block #78346478/Trx 391a4808236e1702f34ee7e8b3117018feac8b76 |
View Raw JSON Data
{
"block": 78346478,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "7720.823767 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-09-21T20:42:00",
"trx_id": "391a4808236e1702f34ee7e8b3117018feac8b76",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 4.883 SP to @davidlanz2022/11/03 10:38:24
steemdelegated 4.883 SP to @davidlanz
2022/11/03 10:38:24
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 7942.505205 VESTS |
| Transaction Info | Block #69111992/Trx 6b9a663caf20eab18f4e05d30c9f494c89e022cd |
View Raw JSON Data
{
"block": 69111992,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "7942.505205 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-11-03T10:38:24",
"trx_id": "6b9a663caf20eab18f4e05d30c9f494c89e022cd",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 5.019 SP to @davidlanz2022/01/17 09:59:36
steemdelegated 5.019 SP to @davidlanz
2022/01/17 09:59:36
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 8163.038436 VESTS |
| Transaction Info | Block #60808264/Trx 66ecd75e0c50167a73934725f802b1c3f57fd1ae |
View Raw JSON Data
{
"block": 60808264,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "8163.038436 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-01-17T09:59:36",
"trx_id": "66ecd75e0c50167a73934725f802b1c3f57fd1ae",
"trx_in_block": 9,
"virtual_op": 0
}steemdelegated 5.132 SP to @davidlanz2021/06/13 23:57:06
steemdelegated 5.132 SP to @davidlanz
2021/06/13 23:57:06
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 8346.807094 VESTS |
| Transaction Info | Block #54606699/Trx a42a8a06822ffe0923821ec1de8756759344aa61 |
View Raw JSON Data
{
"block": 54606699,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "8346.807094 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2021-06-13T23:57:06",
"trx_id": "a42a8a06822ffe0923821ec1de8756759344aa61",
"trx_in_block": 4,
"virtual_op": 0
}steemdelegated 5.247 SP to @davidlanz2020/12/11 10:17:24
steemdelegated 5.247 SP to @davidlanz
2020/12/11 10:17:24
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 8534.229068 VESTS |
| Transaction Info | Block #49354194/Trx 0941ed95946ef6c1da85db8666834f99db532cb7 |
View Raw JSON Data
{
"block": 49354194,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "8534.229068 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-11T10:17:24",
"trx_id": "0941ed95946ef6c1da85db8666834f99db532cb7",
"trx_in_block": 4,
"virtual_op": 0
}steemdelegated 1.176 SP to @davidlanz2020/12/06 03:54:33
steemdelegated 1.176 SP to @davidlanz
2020/12/06 03:54:33
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49205759/Trx b9677d693061eff72eaa1ecf6d02e6be5b4642c9 |
View Raw JSON Data
{
"block": 49205759,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "1912.543513 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-06T03:54:33",
"trx_id": "b9677d693061eff72eaa1ecf6d02e6be5b4642c9",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 5.251 SP to @davidlanz2020/12/05 11:51:54
steemdelegated 5.251 SP to @davidlanz
2020/12/05 11:51:54
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 8540.595707 VESTS |
| Transaction Info | Block #49186868/Trx 4cde676537de314fdd2bdd3e4e6cbb6b666a6bd6 |
View Raw JSON Data
{
"block": 49186868,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "8540.595707 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-05T11:51:54",
"trx_id": "4cde676537de314fdd2bdd3e4e6cbb6b666a6bd6",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 1.180 SP to @davidlanz2020/11/02 13:51:03
steemdelegated 1.180 SP to @davidlanz
2020/11/02 13:51:03
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48255700/Trx 15cc913e9c1d531aa014f786de010db252ddc990 |
View Raw JSON Data
{
"block": 48255700,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "1920.017158 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-11-02T13:51:03",
"trx_id": "15cc913e9c1d531aa014f786de010db252ddc990",
"trx_in_block": 6,
"virtual_op": 0
}steemdelegated 5.376 SP to @davidlanz2020/05/09 04:51:06
steemdelegated 5.376 SP to @davidlanz
2020/05/09 04:51:06
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 8743.242281 VESTS |
| Transaction Info | Block #43215998/Trx fd61b020835898af58d1913d7e2c9cd0c5d977ed |
View Raw JSON Data
{
"block": 43215998,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "8743.242281 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-09T04:51:06",
"trx_id": "fd61b020835898af58d1913d7e2c9cd0c5d977ed",
"trx_in_block": 4,
"virtual_op": 0
}steemdelegated 1.201 SP to @davidlanz2020/05/08 08:19:18
steemdelegated 1.201 SP to @davidlanz
2020/05/08 08:19:18
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43191937/Trx a5e36d6222baece6be2e478b80fc99c4ba3f0406 |
View Raw JSON Data
{
"block": 43191937,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "1953.311140 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-08T08:19:18",
"trx_id": "a5e36d6222baece6be2e478b80fc99c4ba3f0406",
"trx_in_block": 21,
"virtual_op": 0
}2020/02/05 01:04:57
2020/02/05 01:04:57
| author | steemitboard |
| body | Congratulations @davidlanz! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@davidlanz/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@davidlanz) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=davidlanz)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-a-better-rich-list-comparator"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-a-better-rich-list-comparator">SteemitBoard Ranking update - A better rich list comparator</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | davidlanz |
| parent permlink | electrum-imposter-shuts-down-website-after-being-exposed-as-bitcoin-stealing-malware |
| permlink | steemitboard-notify-davidlanz-20200205t010457000z |
| title | |
| Transaction Info | Block #40539634/Trx 3ca002ee6837af112df696224a128ce95a3b03ef |
View Raw JSON Data
{
"block": 40539634,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @davidlanz! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@davidlanz/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@davidlanz) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=davidlanz)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-a-better-rich-list-comparator\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-a-better-rich-list-comparator\">SteemitBoard Ranking update - A better rich list comparator</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
"parent_author": "davidlanz",
"parent_permlink": "electrum-imposter-shuts-down-website-after-being-exposed-as-bitcoin-stealing-malware",
"permlink": "steemitboard-notify-davidlanz-20200205t010457000z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2020-02-05T01:04:57",
"trx_id": "3ca002ee6837af112df696224a128ce95a3b03ef",
"trx_in_block": 8,
"virtual_op": 0
}steemdelegated 5.476 SP to @davidlanz2019/07/28 21:50:18
steemdelegated 5.476 SP to @davidlanz
2019/07/28 21:50:18
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 8906.547044 VESTS |
| Transaction Info | Block #35068376/Trx a61020f92c199a57849471e209b6d4c0b0d00057 |
View Raw JSON Data
{
"block": 35068376,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "8906.547044 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2019-07-28T21:50:18",
"trx_id": "a61020f92c199a57849471e209b6d4c0b0d00057",
"trx_in_block": 16,
"virtual_op": 0
}2019/02/05 00:20:51
2019/02/05 00:20:51
| author | steemitboard |
| body | Congratulations @davidlanz! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@davidlanz/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_[Click here to view your Board](https://steemitboard.com/@davidlanz)_</sub> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | davidlanz |
| parent permlink | electrum-imposter-shuts-down-website-after-being-exposed-as-bitcoin-stealing-malware |
| permlink | steemitboard-notify-davidlanz-20190205t002050000z |
| title | |
| Transaction Info | Block #30066602/Trx ca0e649470276c46049759bc07b69f16c2213ce7 |
View Raw JSON Data
{
"block": 30066602,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @davidlanz! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@davidlanz/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_[Click here to view your Board](https://steemitboard.com/@davidlanz)_</sub>\n\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
"parent_author": "davidlanz",
"parent_permlink": "electrum-imposter-shuts-down-website-after-being-exposed-as-bitcoin-stealing-malware",
"permlink": "steemitboard-notify-davidlanz-20190205t002050000z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2019-02-05T00:20:51",
"trx_id": "ca0e649470276c46049759bc07b69f16c2213ce7",
"trx_in_block": 2,
"virtual_op": 0
}2018/09/20 10:03:45
2018/09/20 10:03:45
| author | coinswitch |
| body | Things seem to have changed a bit since then. Check this out - https://coinswitch.co/news/ethereum-price-prediction-2018-eth-price-may-touch-1221-usd-in-2018-updated-09-15-2018 |
| json metadata | {"tags":["cryptocurrency"],"links":["https://coinswitch.co/news/ethereum-price-prediction-2018-eth-price-may-touch-1221-usd-in-2018-updated-09-15-2018"],"app":"steemit/0.1"} |
| parent author | davidlanz |
| parent permlink | ethereum-price-prediction-2018-will-ethereum-go-up-how-high-will-eth-go |
| permlink | re-davidlanz-ethereum-price-prediction-2018-will-ethereum-go-up-how-high-will-eth-go-20180920t100344492z |
| title | |
| Transaction Info | Block #26106975/Trx 513e3f1613386f85724d447f2ff43a1ad840c33e |
View Raw JSON Data
{
"block": 26106975,
"op": [
"comment",
{
"author": "coinswitch",
"body": "Things seem to have changed a bit since then. Check this out - https://coinswitch.co/news/ethereum-price-prediction-2018-eth-price-may-touch-1221-usd-in-2018-updated-09-15-2018",
"json_metadata": "{\"tags\":[\"cryptocurrency\"],\"links\":[\"https://coinswitch.co/news/ethereum-price-prediction-2018-eth-price-may-touch-1221-usd-in-2018-updated-09-15-2018\"],\"app\":\"steemit/0.1\"}",
"parent_author": "davidlanz",
"parent_permlink": "ethereum-price-prediction-2018-will-ethereum-go-up-how-high-will-eth-go",
"permlink": "re-davidlanz-ethereum-price-prediction-2018-will-ethereum-go-up-how-high-will-eth-go-20180920t100344492z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2018-09-20T10:03:45",
"trx_id": "513e3f1613386f85724d447f2ff43a1ad840c33e",
"trx_in_block": 11,
"virtual_op": 0
}steemdelegated 5.598 SP to @davidlanz2018/08/11 13:00:57
steemdelegated 5.598 SP to @davidlanz
2018/08/11 13:00:57
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 9105.193015 VESTS |
| Transaction Info | Block #24974563/Trx bb4f57d26251e457f9a60a3e593cd2d3263aa621 |
View Raw JSON Data
{
"block": 24974563,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "9105.193015 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2018-08-11T13:00:57",
"trx_id": "bb4f57d26251e457f9a60a3e593cd2d3263aa621",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 18.135 SP to @davidlanz2018/05/18 23:47:09
steemdelegated 18.135 SP to @davidlanz
2018/05/18 23:47:09
| delegatee | davidlanz |
| delegator | steem |
| vesting shares | 29496.390741 VESTS |
| Transaction Info | Block #22551634/Trx cc7f05976fc743d3bcf555a035237d4e3c93caab |
View Raw JSON Data
{
"block": 22551634,
"op": [
"delegate_vesting_shares",
{
"delegatee": "davidlanz",
"delegator": "steem",
"vesting_shares": "29496.390741 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2018-05-18T23:47:09",
"trx_id": "cc7f05976fc743d3bcf555a035237d4e3c93caab",
"trx_in_block": 21,
"virtual_op": 0
}davidlanzreceived 0.028 SBD, 0.013 SP author reward for @davidlanz / indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade2018/05/18 13:30:51
davidlanzreceived 0.028 SBD, 0.013 SP author reward for @davidlanz / indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade
2018/05/18 13:30:51
| author | davidlanz |
| permlink | indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade |
| sbd payout | 0.028 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 20.346722 VESTS |
| Transaction Info | Block #22539309/Virtual Operation #5 |
View Raw JSON Data
{
"block": 22539309,
"op": [
"author_reward",
{
"author": "davidlanz",
"permlink": "indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade",
"sbd_payout": "0.028 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "20.346722 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2018-05-18T13:30:51",
"trx_id": "0000000000000000000000000000000000000000",
"trx_in_block": 4294967295,
"virtual_op": 5
}davidlanzreceived 0.028 SBD, 0.014 SP author reward for @davidlanz / japan-bolsters-crypto-exchange-regulations-to-prevent-another-coincheck2018/05/14 05:46:00
davidlanzreceived 0.028 SBD, 0.014 SP author reward for @davidlanz / japan-bolsters-crypto-exchange-regulations-to-prevent-another-coincheck
2018/05/14 05:46:00
| author | davidlanz |
| permlink | japan-bolsters-crypto-exchange-regulations-to-prevent-another-coincheck |
| sbd payout | 0.028 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 22.386431 VESTS |
| Transaction Info | Block #22414829/Virtual Operation #9 |
View Raw JSON Data
{
"block": 22414829,
"op": [
"author_reward",
{
"author": "davidlanz",
"permlink": "japan-bolsters-crypto-exchange-regulations-to-prevent-another-coincheck",
"sbd_payout": "0.028 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "22.386431 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2018-05-14T05:46:00",
"trx_id": "0000000000000000000000000000000000000000",
"trx_in_block": 4294967295,
"virtual_op": 9
}2018/05/12 22:42:42
2018/05/12 22:42:42
| author | steemcleaners |
| body | [Source](https://finance.yahoo.com/news/chinese-researchers-create-index-rank-010041503.html) [Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah). [More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/) If you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A) |
| json metadata | {"app":"steemcleaners/0.2","format":"markdown+html","community":"steemcleaners"} |
| parent author | davidlanz |
| parent permlink | chinese-researchers-create-index-to-rank-blockchain-projects |
| permlink | re-davidlanz-chinese-researchers-create-index-to-rank-blockchain-projects-20180512t224242332z |
| title | |
| Transaction Info | Block #22377567/Trx 9f8ab9cade88a90bee9e2204c2ae9d0364a54524 |
View Raw JSON Data
{
"block": 22377567,
"op": [
"comment",
{
"author": "steemcleaners",
"body": "[Source](https://finance.yahoo.com/news/chinese-researchers-create-index-rank-010041503.html)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
"json_metadata": "{\"app\":\"steemcleaners/0.2\",\"format\":\"markdown+html\",\"community\":\"steemcleaners\"}",
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"permlink": "re-davidlanz-chinese-researchers-create-index-to-rank-blockchain-projects-20180512t224242332z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2018-05-12T22:42:42",
"trx_id": "9f8ab9cade88a90bee9e2204c2ae9d0364a54524",
"trx_in_block": 26,
"virtual_op": 0
}2018/05/12 21:04:51
2018/05/12 21:04:51
| author | steemcleaners |
| body | [Source](https://www.ccn.com/huawei-to-debut-bitcoin-wallet-btc-com-in-mobile-payments-push/) [Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah). [More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/) If you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A) |
| json metadata | {"app":"steemcleaners/0.2","format":"markdown+html","community":"steemcleaners"} |
| parent author | davidlanz |
| parent permlink | huawei-to-debut-bitcoin-wallet-btc-com-in-mobile-payments-push |
| permlink | re-davidlanz-huawei-to-debut-bitcoin-wallet-btc-com-in-mobile-payments-push-20180512t210450460z |
| title | |
| Transaction Info | Block #22375610/Trx d0eb05c32e30d7ef6d77bb4ed630f64319a6049a |
View Raw JSON Data
{
"block": 22375610,
"op": [
"comment",
{
"author": "steemcleaners",
"body": "[Source](https://www.ccn.com/huawei-to-debut-bitcoin-wallet-btc-com-in-mobile-payments-push/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
"json_metadata": "{\"app\":\"steemcleaners/0.2\",\"format\":\"markdown+html\",\"community\":\"steemcleaners\"}",
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"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2018-05-12T21:04:51",
"trx_id": "d0eb05c32e30d7ef6d77bb4ed630f64319a6049a",
"trx_in_block": 16,
"virtual_op": 0
}2018/05/12 18:46:27
2018/05/12 18:46:27
| author | thelonelypost |
| body | EOS certainly is positioning itself as the next Ethereum. It's all about the dapps though. They're promising a lot, but we'll see. It's fast and scalable though. Hopefully it'll continue to rise through the launch of the mainnet. |
| json metadata | |
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2018/05/12 12:35:51
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/south-korea-biggest-cryptocurrency-exchange-121815458.html |
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2018/05/12 12:35:39
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/10/South-korea-bitcoin-altcoins-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/south-koreas-biggest-cryptocurrency-exchange-investigated-by-local-police-market-drops/" title="South Korea’s Biggest Cryptocurrency Exchange Investigated by Local Police, Market Drops"> <img alt="South Korea Upbit bitcoin altcoins" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/10/South-korea-bitcoin-altcoins-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><span style="font-weight: 400;">UPbit, South Korea’s biggest cryptocurrency exchange, was investigated by local police and 10 investigators after its headquarters in Seoul were raided. Chosun, the country’s biggest mainstream media outlet, reported that the South Korean authorities are suspecting UPbit of illicitly moving customer funds to the account of its executives.</span></p> <h2><b>Investigation Ongoing</b></h2> <p><span style="font-weight: 400;">On May 10, the Seoul local police and 10 investigators from the Korean Financial Intelligence Unit (KIU) and Korean Financial Services Commission (FSC) raided the headquarters of <a href="http://ccn.com/tag/upbit">UPbit</a> and seized their offices to conduct an official investigation into the suspicious movement of funds from the UPbit cryptocurrency exchange to the personal accounts of UPbit executives.</span></p> <p><span style="font-weight: 400;">Chosun along with other mainstream news networks including Hani reported that the South Korean police is extensively investigating allegations of fraud and the illicit movement of funds from client wallets.</span></p> <p><span style="font-weight: 400;">The general reaction from the cryptocurrency community in <a href="https://www.ccn.com/south-korea-has-no-choice-but-to-legalize-icos-and-it-may-happen-soon/">South Korea</a> and the global cryptocurrency space has been that UPBit executives should not have had the motivation to commit such crimes given that cryptocurrency exchanges have generated hundreds of millions of dollars in profits on a quarterly basis since early 2017.</span></p> <figure class="wp-caption aligncenter" id="attachment_136740" style="width: 750px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange.jpg" title="South Korea’s Biggest Cryptocurrency Exchange Investigated by Local Police, Market Drops"><img alt="upbit" class="wp-image-136740" data-size="1000x667" height="500" sizes="(max-width: 750px) 100vw, 750px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-360x240.jpg 360w" width="750"/></a><figcaption class="wp-caption-text">UPbit, South Korea’s largest cryptocurrency exchange, has been raided by local police.</figcaption></figure> <p><span style="font-weight: 400;">The investigation into UPbit is still ongoing and the local police is yet to release its finalized report on the situation. But, as it did with Coinnest, if the South Korean authorities discover clear evidence in the movement of client funds to external accounts, it could result in the exchange either permanently or temporarily shutting down.</span></p> <p><span style="font-weight: 400;">“We have secured hard disks and accounting books through confiscation. Analysis is expected to take days,” the authorities said, adding that the final report on the UPbit case will be released next week.</span></p> <p><span style="font-weight: 400;">Meanwhile, the exchange operator’s development team stated that the platform is still operational and will continue to service users until further notice is sent by the local police.</span></p> <p><span style="font-weight: 400;">“UPbit is currently under investigation by the prosecution, and we are working diligently. UPbit services such as all transactions and withdrawals are operating normally. Your assets are kept securely in your account, so you can rest assured that you can use UPbit services.”</span></p> <h2><b>Coinnest Situation</b></h2> <p><span style="font-weight: 400;">Last month, the president of Coinnest, formerly a major cryptocurrency exchange in South Korea, was <a href="https://www.ccn.com/korean-cryptocurrency-exchange-executives-detained-in-embezzlement-probe/">arrested</a> for allegedly stealing user funds and allocating them to his own personal cryptocurrency accounts. According to Hani, Coinnest was once the third biggest cryptocurrency exchange in South Korea, which also operated a major cryptocurrency mining operation.</span></p> <p><span style="font-weight: 400;">Local police and investigators discovered that the funds of clients were sent to the personal accounts of executives at Coinnest and immediately arrested its president.</span></p> <p><span style="font-weight: 400;">Coinnest is still functioning, after its board announced that it has replaced the executive team of the company and will continue to operate as a local cryptocurrency trading platform.</span></p> <p><span style="font-weight: 400;">Overall, the cryptocurrency market’s reaction to the investigation into UPbit could be considered as an exaggeration to an ongoing investigation and investors on the trading platform are still able to trade and withdraw their funds. But, analysts have stated that the case has led the cryptocurrency market to decline by large margins over the past 12 hours.</span></p> <p><em>Images from Shutterstock</em></p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/10/South-korea-bitcoin-altcoins-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/south-koreas-biggest-cryptocurrency-exchange-investigated-by-local-police-market-drops/\" title=\"South Korea’s Biggest Cryptocurrency Exchange Investigated by Local Police, Market Drops\">\n<img alt=\"South Korea Upbit bitcoin altcoins\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/10/South-korea-bitcoin-altcoins-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><span style=\"font-weight: 400;\">UPbit, South Korea’s biggest cryptocurrency exchange, was investigated by local police and 10 investigators after its headquarters in Seoul were raided. Chosun, the country’s biggest mainstream media outlet, reported that the South Korean authorities are suspecting UPbit of illicitly moving customer funds to the account of its executives.</span></p>\n<h2><b>Investigation Ongoing</b></h2>\n<p><span style=\"font-weight: 400;\">On May 10, the Seoul local police and 10 investigators from the Korean Financial Intelligence Unit (KIU) and Korean Financial Services Commission (FSC) raided the headquarters of <a href=\"http://ccn.com/tag/upbit\">UPbit</a> and seized their offices to conduct an official investigation into the suspicious movement of funds from the UPbit cryptocurrency exchange to the personal accounts of UPbit executives.</span></p>\n<p><span style=\"font-weight: 400;\">Chosun along with other mainstream news networks including Hani reported that the South Korean police is extensively investigating allegations of fraud and the illicit movement of funds from client wallets.</span></p>\n<p><span style=\"font-weight: 400;\">The general reaction from the cryptocurrency community in <a href=\"https://www.ccn.com/south-korea-has-no-choice-but-to-legalize-icos-and-it-may-happen-soon/\">South Korea</a> and the global cryptocurrency space has been that UPBit executives should not have had the motivation to commit such crimes given that cryptocurrency exchanges have generated hundreds of millions of dollars in profits on a quarterly basis since early 2017.</span></p>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_136740\" style=\"width: 750px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange.jpg\" title=\"South Korea’s Biggest Cryptocurrency Exchange Investigated by Local Police, Market Drops\"><img alt=\"upbit\" class=\"wp-image-136740\" data-size=\"1000x667\" height=\"500\" sizes=\"(max-width: 750px) 100vw, 750px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/upbit-south-korea-cryptocurrency-exchange-360x240.jpg 360w\" width=\"750\"/></a><figcaption class=\"wp-caption-text\">UPbit, South Korea’s largest cryptocurrency exchange, has been raided by local police.</figcaption></figure>\n<p><span style=\"font-weight: 400;\">The investigation into UPbit is still ongoing and the local police is yet to release its finalized report on the situation. But, as it did with Coinnest, if the South Korean authorities discover clear evidence in the movement of client funds to external accounts, it could result in the exchange either permanently or temporarily shutting down.</span></p>\n<p><span style=\"font-weight: 400;\">“We have secured hard disks and accounting books through confiscation. Analysis is expected to take days,” the authorities said, adding that the final report on the UPbit case will be released next week.</span></p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the exchange operator’s development team stated that the platform is still operational and will continue to service users until further notice is sent by the local police.</span></p>\n<p><span style=\"font-weight: 400;\">“UPbit is currently under investigation by the prosecution, and we are working diligently. UPbit services such as all transactions and withdrawals are operating normally. Your assets are kept securely in your account, so you can rest assured that you can use UPbit services.”</span></p>\n<h2><b>Coinnest Situation</b></h2>\n<p><span style=\"font-weight: 400;\">Last month, the president of Coinnest, formerly a major cryptocurrency exchange in South Korea, was <a href=\"https://www.ccn.com/korean-cryptocurrency-exchange-executives-detained-in-embezzlement-probe/\">arrested</a> for allegedly stealing user funds and allocating them to his own personal cryptocurrency accounts. According to Hani, Coinnest was once the third biggest cryptocurrency exchange in South Korea, which also operated a major cryptocurrency mining operation.</span></p>\n<p><span style=\"font-weight: 400;\">Local police and investigators discovered that the funds of clients were sent to the personal accounts of executives at Coinnest and immediately arrested its president.</span></p>\n<p><span style=\"font-weight: 400;\">Coinnest is still functioning, after its board announced that it has replaced the executive team of the company and will continue to operate as a local cryptocurrency trading platform.</span></p>\n<p><span style=\"font-weight: 400;\">Overall, the cryptocurrency market’s reaction to the investigation into UPbit could be considered as an exaggeration to an ongoing investigation and investors on the trading platform are still able to trade and withdraw their funds. But, analysts have stated that the case has led the cryptocurrency market to decline by large margins over the past 12 hours.</span></p>\n<p><em>Images from Shutterstock</em></p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app2018/05/12 12:10:15
davidlanzpublished a new post: chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app
2018/05/12 12:10:15
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app/" title="Chinese Messaging Giant WeChat Shuts Down 3rd Party Blockchain App"> <img alt="" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><a href="https://web.wechat.com" rel="noopener" target="_blank">WeChat</a>, a popular Chinese Super App developed by Tencent which offers multiple products like messaging, social networking and payments within the same app has blocked a third party Blockchain app.</p> <p>WeChat is one of the world’s largest platform with more than 1 Billion active users worldwide. WeChat has support for ‘Mini-Programs’ where developers can create applications to run within the messaging platform. The company just suspended Xiao Xieyi, the first blockchain mini-program on the platform.</p> <p>Xiao Xieyi, which was launched on Wednesday allowed users to create encrypt and create contracts on the Ethereum Blockchain without having to leave WeChat. Tencent blocked the mini-program in just one day after it was launched.</p> <p><img alt="" class="size-medium wp-image-136726 aligncenter" data-size="628x1080" height="300" sizes="(max-width: 174px) 100vw, 174px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg 174w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-595x1024.jpg 595w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-360x619.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain.jpg 628w" width="174"/></p> <p>Xiao Xieyi was developed by Beijing based blockchain company called Niuco Box. Users would be able to create contracts on the blockchain for a flat fee of 3 RMB ($0.50)which would be used to pay the miners who write the contract on the blockchain.</p> <p>WeChat gave the following statement on Xiao Xieyi’s suspension:</p> <blockquote><p>“Xiao Xieyi has been suspended due to violation of the service. We apologize, the content of the program has been suspended due to the fact that the content is not authorized on the platform.”</p></blockquote> <p>China took a hard stance against Cryptocurrencies this year, entirely banning their trade and ICOs. However, they are extremely optimistic about Blockchain. The government is hoping to have <a href="https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/">Blockchain standards</a> in place by 2019 for products and services to make use of. Just last month, a $1.6 Billion fund was created to support local Blockchain startups with the help of the Government.</p> <p>However, the developer claims the App was not suspended because they use Blockchain, but because they encrypt the data. Wang Dengke, the founder of Niuco Box told Securities Daily, <em>“Mini-Programs are not allowed to have encryption features. We need to tweak the code to remove encryption, and if everything goes according to our plans, we should be back on WeChat within two days.”</em></p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app/\" title=\"Chinese Messaging Giant WeChat Shuts Down 3rd Party Blockchain App\">\n<img alt=\"\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><a href=\"https://web.wechat.com\" rel=\"noopener\" target=\"_blank\">WeChat</a>, a popular Chinese Super App developed by Tencent which offers multiple products like messaging, social networking and payments within the same app has blocked a third party Blockchain app.</p>\n<p>WeChat is one of the world’s largest platform with more than 1 Billion active users worldwide. WeChat has support for ‘Mini-Programs’ where developers can create applications to run within the messaging platform. The company just suspended Xiao Xieyi, the first blockchain mini-program on the platform.</p>\n<p>Xiao Xieyi, which was launched on Wednesday allowed users to create encrypt and create contracts on the Ethereum Blockchain without having to leave WeChat. Tencent blocked the mini-program in just one day after it was launched.</p>\n<p><img alt=\"\" class=\"size-medium wp-image-136726 aligncenter\" data-size=\"628x1080\" height=\"300\" sizes=\"(max-width: 174px) 100vw, 174px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg 174w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-595x1024.jpg 595w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-360x619.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain.jpg 628w\" width=\"174\"/></p>\n<p>Xiao Xieyi was developed by Beijing based blockchain company called Niuco Box. Users would be able to create contracts on the blockchain for a flat fee of 3 RMB ($0.50)which would be used to pay the miners who write the contract on the blockchain.</p>\n<p>WeChat gave the following statement on Xiao Xieyi’s suspension:</p>\n<blockquote><p>“Xiao Xieyi has been suspended due to violation of the service. We apologize, the content of the program has been suspended due to the fact that the content is not authorized on the platform.”</p></blockquote>\n<p>China took a hard stance against Cryptocurrencies this year, entirely banning their trade and ICOs. However, they are extremely optimistic about Blockchain. The government is hoping to have <a href=\"https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/\">Blockchain standards</a> in place by 2019 for products and services to make use of. Just last month, a $1.6 Billion fund was created to support local Blockchain startups with the help of the Government.</p>\n<p>However, the developer claims the App was not suspended because they use Blockchain, but because they encrypt the data. Wang Dengke, the founder of Niuco Box told Securities Daily, <em>“Mini-Programs are not allowed to have encryption features. We need to tweak the code to remove encryption, and if everything goes according to our plans, we should be back on WeChat within two days.”</em></p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: augur-price-rallies-10-defies-market-downturn-after-binance-listing2018/05/12 11:25:45
davidlanzpublished a new post: augur-price-rallies-10-defies-market-downturn-after-binance-listing
2018/05/12 11:25:45
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-cryptocurrency-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/augur-price-rallies-10defies-market-downturn-after-binance-listing/" title="Augur Price Rallies 10%, Defies Market Downturn After Binance Listing"> <img alt="augur price" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-cryptocurrency-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>The Augur price (REP) saw huge gains Friday after Binance listed the token for trading. In wake of the down market for cryptocurrency, Augur is the only top-100 coin or token to post a 10% gain over USD for the day.</p> <p>Augur’s trade volume has ballooned roughly 1900% since May 10 (in USD). The price has also increased about 26% since the close of day May 10, from $44.28 to $55.93 as of this writing. The marketcap has increased roughly 11% to $615,232,200.</p> <figure class="wp-caption alignnone" id="attachment_136763" style="width: 621px"><a href="https://www.worldcoinindex.com/coin/augur"><img alt="" class="ccn-pop" data-size="621x600" height="600" sizes="(max-width: 621px) 100vw, 621px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18.png" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18.png 621w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18-300x290.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18-360x348.png 360w" title="Augur Price Rallies 10%, Defies Market Downturn After Binance Listing" width="621"/></a><figcaption class="wp-caption-text">Augur Price Chart | Soure: WorldCoinIndex</figcaption></figure> <p>Binance <a href="https://twitter.com/binance/status/994834357322960896">announced</a> the new listing overnight Thursday. Augur’s trading volume and price immediately ratcheted up. Binance is the world’s largest cryptocurrency exchange, with the firm <a href="https://medium.com/binanceexchange/binance-monthly-highlights-month-8-4196bf56042">reporting</a> 7.9 million total users on March 15.</p> <p>Binance is moving full steam ahead with listing ERC20 tokens like Augur. This comes at a time when its competitor Coinbase is slow to list them, despite a recent <a href="https://www.ccn.com/coinbase-announces-it-will-add-erc20-support/">announcement</a> to support them. The exchange offers trading for 312 cryptocurrencies, according to <a href="https://coinmarketcap.com/exchanges/binance/">CoinMarketCap</a>, but has come under more <a href="https://www.ccn.com/binance-receives-warning-from-japan-plans-to-move-hq-to-malta/">regulatory pressure</a> recently. The exchange still enjoys a large influx of new user registrations.</p> <p>Still in beta phase, <a href="http://www.augur.net/about/">Augur</a> is a “a decentralized oracle and prediction market platform.” The token is one of the first in the field of prediction markets and influenced other projects that followed.</p> <p>While Augur has received criticism in the past for <a href="https://www.ccn.com/eth-and-augur-investor-hacked-ethereum-price-dives-further/">security concerns</a> and <a href="http://augur.strikingly.com/blog/why-we-must-delay">delays</a>, the project is gaining traction with new development. <a href="https://medium.com/@AugurProject/augur-weekly-development-update-may-9th-d6cc565153f5">A weekly development update on May 9th</a> touts new completed development features and clearer road map.</p> <p>“The team has been working on Augur App this past week, a small electron application that packages Augur Node and the Augur UI so you can use Augur locally with an Ethereum node of your choosing. It will take care of running Augur Node in the background and auto-deploy the Augur UI locally in your browser. This will allow for users to have a single-click solution for using Augur locally,” the update said.</p> <p>The update goes on to highlight a tentative road map for new development.</p> <p>“We have our deployment timeline (<em class="markup--em markup--p-em">tentatively</em>) set internally. We’re working out final tasks regarding the deployment process, REP migration, and some code complete features this week,” the update said.</p> <p>This solid development progress comes on the heels of continued good news for the project, such as <a href="https://medium.com/@AugurProject/augur-weekly-development-update-may-2nd-3b523e160680">a grant</a> for the bounty program.</p> <p>Time will tell when the project will exit the beta phase, which it has stayed in for quite some time. However, with development efforts solidifying and new exchange listings, the outlook could be improving.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"author": "davidlanz",
"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-cryptocurrency-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/augur-price-rallies-10defies-market-downturn-after-binance-listing/\" title=\"Augur Price Rallies 10%, Defies Market Downturn After Binance Listing\">\n<img alt=\"augur price\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-cryptocurrency-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>The Augur price (REP) saw huge gains Friday after Binance listed the token for trading. In wake of the down market for cryptocurrency, Augur is the only top-100 coin or token to post a 10% gain over USD for the day.</p>\n<p>Augur’s trade volume has ballooned roughly 1900% since May 10 (in USD). The price has also increased about 26% since the close of day May 10, from $44.28 to $55.93 as of this writing. The marketcap has increased roughly 11% to $615,232,200.</p>\n<figure class=\"wp-caption alignnone\" id=\"attachment_136763\" style=\"width: 621px\"><a href=\"https://www.worldcoinindex.com/coin/augur\"><img alt=\"\" class=\"ccn-pop\" data-size=\"621x600\" height=\"600\" sizes=\"(max-width: 621px) 100vw, 621px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18.png\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18.png 621w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18-300x290.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/augur-price-char-Worldcoinindex-5-12-18-360x348.png 360w\" title=\"Augur Price Rallies 10%, Defies Market Downturn After Binance Listing\" width=\"621\"/></a><figcaption class=\"wp-caption-text\">Augur Price Chart | Soure: WorldCoinIndex</figcaption></figure>\n<p>Binance <a href=\"https://twitter.com/binance/status/994834357322960896\">announced</a> the new listing overnight Thursday. Augur’s trading volume and price immediately ratcheted up. Binance is the world’s largest cryptocurrency exchange, with the firm <a href=\"https://medium.com/binanceexchange/binance-monthly-highlights-month-8-4196bf56042\">reporting</a> 7.9 million total users on March 15.</p>\n<p>Binance is moving full steam ahead with listing ERC20 tokens like Augur. This comes at a time when its competitor Coinbase is slow to list them, despite a recent <a href=\"https://www.ccn.com/coinbase-announces-it-will-add-erc20-support/\">announcement</a> to support them. The exchange offers trading for 312 cryptocurrencies, according to <a href=\"https://coinmarketcap.com/exchanges/binance/\">CoinMarketCap</a>, but has come under more <a href=\"https://www.ccn.com/binance-receives-warning-from-japan-plans-to-move-hq-to-malta/\">regulatory pressure</a> recently. The exchange still enjoys a large influx of new user registrations.</p>\n<p>Still in beta phase, <a href=\"http://www.augur.net/about/\">Augur</a> is a “a decentralized oracle and prediction market platform.” The token is one of the first in the field of prediction markets and influenced other projects that followed.</p>\n<p>While Augur has received criticism in the past for <a href=\"https://www.ccn.com/eth-and-augur-investor-hacked-ethereum-price-dives-further/\">security concerns</a> and <a href=\"http://augur.strikingly.com/blog/why-we-must-delay\">delays</a>, the project is gaining traction with new development. <a href=\"https://medium.com/@AugurProject/augur-weekly-development-update-may-9th-d6cc565153f5\">A weekly development update on May 9th</a> touts new completed development features and clearer road map.</p>\n<p>“The team has been working on Augur App this past week, a small electron application that packages Augur Node and the Augur UI so you can use Augur locally with an Ethereum node of your choosing. It will take care of running Augur Node in the background and auto-deploy the Augur UI locally in your browser. This will allow for users to have a single-click solution for using Augur locally,” the update said.</p>\n<p>The update goes on to highlight a tentative road map for new development.</p>\n<p>“We have our deployment timeline (<em class=\"markup--em markup--p-em\">tentatively</em>) set internally. We’re working out final tasks regarding the deployment process, REP migration, and some code complete features this week,” the update said.</p>\n<p>This solid development progress comes on the heels of continued good news for the project, such as <a href=\"https://medium.com/@AugurProject/augur-weekly-development-update-may-2nd-3b523e160680\">a grant</a> for the bounty program.</p>\n<p>Time will tell when the project will exit the beta phase, which it has stayed in for quite some time. However, with development efforts solidifying and new exchange listings, the outlook could be improving.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: 8216flippening8217-between-bitcoin-038-ethereum-will-happen-in-2018-roger-ver2018/05/12 11:13:57
davidlanzpublished a new post: 8216flippening8217-between-bitcoin-038-ethereum-will-happen-in-2018-roger-ver
2018/05/12 11:13:57
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/flippening-between-bitcoin-ethereum-will-happen-in-2018-roger-ver/" title="‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver"> <img alt="flippening" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Bitcoin cash promoter Roger Ver believes BCH will one day overtake BTC to become the world’s most valuable cryptocurrency. But before that happens, he believes ethereum will take bitcoin’s crypto-crown.</p> <p>Ver, once known as “Bitcoin Jesus,” told <a href="https://www.independent.co.uk/life-style/gadgets-and-tech/news/ethereum-price-latest-updates-bitcoin-cash-roger-ver-crytocurrency-flippening-a8345166.html">The Independent</a> that so-called technologically superior cryptocurrencies like ethereum and bitcoin cash will surpass bitcoin in value in the coming months and years. Ver sees ethereum surpassing bitcoin by year’s end and bitcoin cash by 2020.</p> <p>Analysts refer to this supposed development as “<a href="https://www.ccn.com/no-flippening-ethereum-price-recovers-correction/">The Flippening</a>.”</p> <p>Ver pointed to slow transaction times and high fees undermining bitcoin. He noted that more than 1,500 cryptocurrencies have entered the market since bitcoin’s 2009 inception in attempts to overcome bitcoin’s “limitations.”</p> <p>Bitcoin’s rise in value in the last year has carried other cryptocurrencies, with Ethereum and Bitcoin Cash outpacing bitcoin.</p> <h2>ETH And BCH Outpace Bitcoin</h2> <figure class="wp-caption aligncenter" id="attachment_93316" style="width: 1024px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg" title="'Flippening' Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver"><img alt="roger ver" class="wp-image-93316 size-large" data-size="1265x621" height="503" sizes="(max-width: 1024px) 100vw, 1024px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-300x147.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-768x377.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-640x314.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-360x177.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg 1265w" width="1024"/></a><figcaption class="wp-caption-text">Rogver Ver was once known as “Bitcoin Jesus.” Now, he has thrown his weight behind bitcoin cash, which he believes better represents Satoshi Nakamoto’s vision for cryptocurrency. | Source: YouTube</figcaption></figure> <p>Bitcoin’s price has jumped 450% from $1,700 to $9,360 in the past 12 months, while Ethereum has gained 1,000% (to $764) and Bitcoin Cash moved from $500 in August to $1,655.</p> <p>Ethereum has five times as many units in circulation as bitcoin, making its market cap slightly less than half of bitcoin’s.</p> <p>Ver stated in January that <a href="https://www.ccn.com/bitcoin-cash-will-surpass-bitcoin-formula-says-roger-ver/">BCH will continue in its steady growth and surpass BTC</a> in the near future.</p> <p>“BCH is the same version of bitcoin that everyone fell in love with and used from 2009 until 2017,” he said. “It has the same economic code that led to it becoming a worldwide phenomenon. I’m sure that formula will continue to work for BCH into the future, and it will surpass BTC in usage, popularity, and market cap in the near future.”</p> <h2>Uncertainties Remain</h2> <p>Not all cryptocurrency experts agree with Ver.</p> <p>Michael Jackson, Skype’s former COO now working at Mangrove Capital Partners, said bitcoin can overcome its shortcomings and thereby offset other cryptocurrencies’ benefits.</p> <p>Jackson said solutions are being sought for bitcoin’s scalability issues. He further noted that bitcoin is by far the best-known cryptocurrency and the reserve cryptocurrency.</p> <p>Ver acknowledged that bitcoin could remain the top cryptocurrency, but he doesn’t think it is likely. He said bitcoin cash’s utility could drive its price to hundreds of thousands of dollars.</p> <p>While this is not guaranteed, bitcoin cash has more than doubled in the past month, and the interest of big investors could cause its value to double by next week, Ver said.</p> <p>In the short term, though, the entire market has suffered a setback, with both ethereum and bitcion cash taking bigger hits than bitcoin.</p> <p>The cryptocurrency market has <a href="https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/">declined by more than $50 billion</a> over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</p> <p>Where bitcoin fell 8.68%, ethereum lost 11.96% and bitcoin cash dropped 17.07%, according to CCN’s <a href="http://ccn.com/marketcap">cryptocurrency market cap</a> index.</p> <p> </p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/flippening-between-bitcoin-ethereum-will-happen-in-2018-roger-ver/\" title=\"‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver\">\n<img alt=\"flippening\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Bitcoin cash promoter Roger Ver believes BCH will one day overtake BTC to become the world’s most valuable cryptocurrency. But before that happens, he believes ethereum will take bitcoin’s crypto-crown.</p>\n<p>Ver, once known as “Bitcoin Jesus,” told <a href=\"https://www.independent.co.uk/life-style/gadgets-and-tech/news/ethereum-price-latest-updates-bitcoin-cash-roger-ver-crytocurrency-flippening-a8345166.html\">The Independent</a> that so-called technologically superior cryptocurrencies like ethereum and bitcoin cash will surpass bitcoin in value in the coming months and years. Ver sees ethereum surpassing bitcoin by year’s end and bitcoin cash by 2020.</p>\n<p>Analysts refer to this supposed development as “<a href=\"https://www.ccn.com/no-flippening-ethereum-price-recovers-correction/\">The Flippening</a>.”</p>\n<p>Ver pointed to slow transaction times and high fees undermining bitcoin. He noted that more than 1,500 cryptocurrencies have entered the market since bitcoin’s 2009 inception in attempts to overcome bitcoin’s “limitations.”</p>\n<p>Bitcoin’s rise in value in the last year has carried other cryptocurrencies, with Ethereum and Bitcoin Cash outpacing bitcoin.</p>\n<h2>ETH And BCH Outpace Bitcoin</h2>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_93316\" style=\"width: 1024px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg\" title=\"'Flippening' Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver\"><img alt=\"roger ver\" class=\"wp-image-93316 size-large\" data-size=\"1265x621\" height=\"503\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-300x147.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-768x377.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-640x314.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-360x177.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg 1265w\" width=\"1024\"/></a><figcaption class=\"wp-caption-text\">Rogver Ver was once known as “Bitcoin Jesus.” Now, he has thrown his weight behind bitcoin cash, which he believes better represents Satoshi Nakamoto’s vision for cryptocurrency. | Source: YouTube</figcaption></figure>\n<p>Bitcoin’s price has jumped 450% from $1,700 to $9,360 in the past 12 months, while Ethereum has gained 1,000% (to $764) and Bitcoin Cash moved from $500 in August to $1,655.</p>\n<p>Ethereum has five times as many units in circulation as bitcoin, making its market cap slightly less than half of bitcoin’s.</p>\n<p>Ver stated in January that <a href=\"https://www.ccn.com/bitcoin-cash-will-surpass-bitcoin-formula-says-roger-ver/\">BCH will continue in its steady growth and surpass BTC</a> in the near future.</p>\n<p>“BCH is the same version of bitcoin that everyone fell in love with and used from 2009 until 2017,” he said. “It has the same economic code that led to it becoming a worldwide phenomenon. I’m sure that formula will continue to work for BCH into the future, and it will surpass BTC in usage, popularity, and market cap in the near future.”</p>\n<h2>Uncertainties Remain</h2>\n<p>Not all cryptocurrency experts agree with Ver.</p>\n<p>Michael Jackson, Skype’s former COO now working at Mangrove Capital Partners, said bitcoin can overcome its shortcomings and thereby offset other cryptocurrencies’ benefits.</p>\n<p>Jackson said solutions are being sought for bitcoin’s scalability issues. He further noted that bitcoin is by far the best-known cryptocurrency and the reserve cryptocurrency.</p>\n<p>Ver acknowledged that bitcoin could remain the top cryptocurrency, but he doesn’t think it is likely. He said bitcoin cash’s utility could drive its price to hundreds of thousands of dollars.</p>\n<p>While this is not guaranteed, bitcoin cash has more than doubled in the past month, and the interest of big investors could cause its value to double by next week, Ver said.</p>\n<p>In the short term, though, the entire market has suffered a setback, with both ethereum and bitcion cash taking bigger hits than bitcoin.</p>\n<p>The cryptocurrency market has <a href=\"https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/\">declined by more than $50 billion</a> over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</p>\n<p>Where bitcoin fell 8.68%, ethereum lost 11.96% and bitcoin cash dropped 17.07%, according to CCN’s <a href=\"http://ccn.com/marketcap\">cryptocurrency market cap</a> index.</p>\n<p> </p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 10:56:15
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-wallet-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/electrum-imposter-shuts-down-website-after-being-exposed-as-bitcoin-stealing-malware/" title="Electrum Imposter Shuts Down Website after Being Exposed as ‘Bitcoin-Stealing Malware’"> <img alt="bitcoin wallet" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-wallet-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Copycat bitcoin wallet service “Electrum Pro” has shut down its website after the company it was attempting to impersonate released evidence demonstrating its software was “bitcoin-stealing malware.”</p> <p>As CCN <a href="https://www.ccn.com/bitcoin-stealing-malware-btc-wallet-electrum-exposes-malicious-copycat/">reported</a>, the team behind Electrum (electrum.org) — a popular lightweight bitcoin wallet that has been around since 2011 — released evidence on GitHub demonstrating that the so-called Electrum Pro (electrum.com) was actually malware designed to steal users’ recovery seeds.</p> <blockquote class="twitter-tweet" data-dnt="true" data-width="500"> <p dir="ltr" lang="en">Here is a verifiable proof that "Electrum Pro", a fake version of <a href="https://twitter.com/ElectrumWallet?ref_src=twsrc%5Etfw">@ElectrumWallet</a>, is in fact Bitcoin-stealing malware:<a href="https://t.co/FvhkTp29wI">https://t.co/FvhkTp29wI</a></p> <p>— Electrum (@ElectrumWallet) <a href="https://twitter.com/ElectrumWallet/status/994203725429460993?ref_src=twsrc%5Etfw">May 9, 2018</a></p></blockquote> <p><script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"><br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-wallet-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/electrum-imposter-shuts-down-website-after-being-exposed-as-bitcoin-stealing-malware/\" title=\"Electrum Imposter Shuts Down Website after Being Exposed as ‘Bitcoin-Stealing Malware’\">\n<img alt=\"bitcoin wallet\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-wallet-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Copycat bitcoin wallet service “Electrum Pro” has shut down its website after the company it was attempting to impersonate released evidence demonstrating its software was “bitcoin-stealing malware.”</p>\n<p>As CCN <a href=\"https://www.ccn.com/bitcoin-stealing-malware-btc-wallet-electrum-exposes-malicious-copycat/\">reported</a>, the team behind Electrum (electrum.org) — a popular lightweight bitcoin wallet that has been around since 2011 — released evidence on GitHub demonstrating that the so-called Electrum Pro (electrum.com) was actually malware designed to steal users’ recovery seeds.</p>\n<blockquote class=\"twitter-tweet\" data-dnt=\"true\" data-width=\"500\">\n<p dir=\"ltr\" lang=\"en\">Here is a verifiable proof that \"Electrum Pro\", a fake version of <a href=\"https://twitter.com/ElectrumWallet?ref_src=twsrc%5Etfw\">@ElectrumWallet</a>, is in fact Bitcoin-stealing malware:<a href=\"https://t.co/FvhkTp29wI\">https://t.co/FvhkTp29wI</a></p>\n<p>— Electrum (@ElectrumWallet) <a href=\"https://twitter.com/ElectrumWallet/status/994203725429460993?ref_src=twsrc%5Etfw\">May 9, 2018</a></p></blockquote>\n<p><script async=\"\" charset=\"utf-8\" src=\"https://platform.twitter.com/widgets.js\"><br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 10:50:39
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/blockchain-experts-tell-congress-crypto-233041830.html |
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2018/05/12 10:50:36
| author | davidlanz |
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2018/05/12 10:50:24
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/US-Congress-building-night-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/blockchain-experts-tell-congress-how-this-tech-can-combat-the-flow-of-counterfeit-goods/" title="Blockchain Experts Tell Congress How Crypto Tech Can Combat the Flow of Counterfeit Goods"> <img alt="congress" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/US-Congress-building-night-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Leveraging blockchain technology can help improve supply chain management and shipping as well as help protect United States companies from pirated products shipped from other countries which are causing unfair competition and disrupting markets.</p> <p>This claim emerged from presentations and testimonies from experts who spoke at the Congressional hearing of the United States Subcommittee on Oversight and Subcommittee on Research and Technology on Tuesday. The hearing focused on leveraging blockchain technology to improve supply chain management and to combat counterfeit goods such as medicines and children’s products.</p> <p>Ralph Abraham, chairman of the oversight subcommittee highlighted in his opening sentiments that “leveraging blockchain technology” could help “improve supply chain management and combat counterfeit” goods. He said <a href="http://ccn.com/tag/blockchain">blockchain technology</a> could benefit both the private and public sectors despite concerns around overregulation of the technology.</p> <p>Said Abraham:</p> <blockquote><p>“We understand that the tech can benefit both the public and private sectors and seek to understand what can be done to ensure that this tech is appropriately leveraged.”</p></blockquote> <p>The issue of regulation and standardisation of blockchain platforms took center stage, with Chris Rubio, vice president for global customs brokerage staff at UPS saying the United States government had to “take balanced approach to regulating and allowing the technology to grow” and provide solutions to logistical and supply chain problems and challenges.</p> <p>“I know the patch of global regulation that stifle innovation,” he said. “The international community must come together to ensure that there is one unified standards for blockchain.”</p> <figure class="wp-caption aligncenter" id="attachment_116076" style="width: 750px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain.jpg" title="Blockchain Experts Tell Congress How Crypto Tech Can Combat the Flow of Counterfeit Goods"><img alt="blockchain" class="wp-image-116076" data-size="1000x750" height="563" sizes="(max-width: 750px) 100vw, 750px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-300x225.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-768x576.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-640x480.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-360x270.jpg 360w" width="750"/></a><figcaption class="wp-caption-text">Source: Shutterstock</figcaption></figure> <p>The Department of Homeland Security’s Science and Technology director, Dr. Douglas Maughan highlighted that blockchain platforms were promising value solutions, underpinned by “rapid growth of interest across both private and public” sectors across the world.</p> <p>Dr. Maughan said from a government perspective, blockchain technology holds the potential for enhanced transparency and auditing of public service operations. It also helps enhance “greater supply chain visibility to combat the distribution of counterfeit products and automation of paper based” processes.</p> <p>Manufacturers and producers of baby care products such as Luv N’ Care are of the view that blockchain technology will help combat the distribution of counterfeit products. Robert Chiavello, who represented the company at the congressional hearing, said blockchain was the right technology solution to determine the authenticity of products from production to final delivery point.</p> <p>He said:</p> <blockquote><p>“Today the pirated products we are facing are coming in by post with a foreign entity using e-retailers. They are copying our pics from our websites and then they use digital advertising and consumers think the products is related to us and companies then post the products straight to the consumer.”</p></blockquote> <p>The hearing was also told that blockchain enables collaboration in the shipping and logistics industry through ensuring the security and the flow of trustworthy of information. The industry has been <a href="https://www.econotimes.com/China-begins-work-to-establish-national-standards-for-blockchain-technology-Report-1303652">pushing for standardized and collaborative blockchain</a> approaches, with China already working on this.</p> <p>This will allow participants under the platform to track and locate data on the processing of cargo and will also make it easy to access critical information for all partners to a transaction. Blockchain will help to “ensure real time visibility and enhances authentication” of transactions.</p> <p>Michael White, the head of global trade digitization at Maersk, told the hearing that supply chains were critical in global trade, with 80% goods traded around the world carried by shipping companies who now need enhanced and centralised management and monitoring platforms such as blockchain.</p> <p>The underlying values of deploying blockchain in the supply chain far exceeds its current limitations, although developers are continuously working on refining their platforms and applications, other members said.</p> <p>“Blockchain could bring together buyers and sellers together. Blockchain could enable greater transparency and assurances that duties are paid. Blockchain can have ability to track through supply chain. We have seen the tech used to track products such as diamonds and mangoes. It ensures standards are met each step of the way,” Rubio concluded.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/US-Congress-building-night-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/blockchain-experts-tell-congress-how-this-tech-can-combat-the-flow-of-counterfeit-goods/\" title=\"Blockchain Experts Tell Congress How Crypto Tech Can Combat the Flow of Counterfeit Goods\">\n<img alt=\"congress\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/US-Congress-building-night-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Leveraging blockchain technology can help improve supply chain management and shipping as well as help protect United States companies from pirated products shipped from other countries which are causing unfair competition and disrupting markets.</p>\n<p>This claim emerged from presentations and testimonies from experts who spoke at the Congressional hearing of the United States Subcommittee on Oversight and Subcommittee on Research and Technology on Tuesday. The hearing focused on leveraging blockchain technology to improve supply chain management and to combat counterfeit goods such as medicines and children’s products.</p>\n<p>Ralph Abraham, chairman of the oversight subcommittee highlighted in his opening sentiments that “leveraging blockchain technology” could help “improve supply chain management and combat counterfeit” goods. He said <a href=\"http://ccn.com/tag/blockchain\">blockchain technology</a> could benefit both the private and public sectors despite concerns around overregulation of the technology.</p>\n<p>Said Abraham:</p>\n<blockquote><p>“We understand that the tech can benefit both the public and private sectors and seek to understand what can be done to ensure that this tech is appropriately leveraged.”</p></blockquote>\n<p>The issue of regulation and standardisation of blockchain platforms took center stage, with Chris Rubio, vice president for global customs brokerage staff at UPS saying the United States government had to “take balanced approach to regulating and allowing the technology to grow” and provide solutions to logistical and supply chain problems and challenges.</p>\n<p>“I know the patch of global regulation that stifle innovation,” he said. “The international community must come together to ensure that there is one unified standards for blockchain.”</p>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_116076\" style=\"width: 750px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain.jpg\" title=\"Blockchain Experts Tell Congress How Crypto Tech Can Combat the Flow of Counterfeit Goods\"><img alt=\"blockchain\" class=\"wp-image-116076\" data-size=\"1000x750\" height=\"563\" sizes=\"(max-width: 750px) 100vw, 750px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-300x225.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-768x576.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-640x480.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/blockchain-360x270.jpg 360w\" width=\"750\"/></a><figcaption class=\"wp-caption-text\">Source: Shutterstock</figcaption></figure>\n<p>The Department of Homeland Security’s Science and Technology director, Dr. Douglas Maughan highlighted that blockchain platforms were promising value solutions, underpinned by “rapid growth of interest across both private and public” sectors across the world.</p>\n<p>Dr. Maughan said from a government perspective, blockchain technology holds the potential for enhanced transparency and auditing of public service operations. It also helps enhance “greater supply chain visibility to combat the distribution of counterfeit products and automation of paper based” processes.</p>\n<p>Manufacturers and producers of baby care products such as Luv N’ Care are of the view that blockchain technology will help combat the distribution of counterfeit products. Robert Chiavello, who represented the company at the congressional hearing, said blockchain was the right technology solution to determine the authenticity of products from production to final delivery point.</p>\n<p>He said:</p>\n<blockquote><p>“Today the pirated products we are facing are coming in by post with a foreign entity using e-retailers. They are copying our pics from our websites and then they use digital advertising and consumers think the products is related to us and companies then post the products straight to the consumer.”</p></blockquote>\n<p>The hearing was also told that blockchain enables collaboration in the shipping and logistics industry through ensuring the security and the flow of trustworthy of information. The industry has been <a href=\"https://www.econotimes.com/China-begins-work-to-establish-national-standards-for-blockchain-technology-Report-1303652\">pushing for standardized and collaborative blockchain</a> approaches, with China already working on this.</p>\n<p>This will allow participants under the platform to track and locate data on the processing of cargo and will also make it easy to access critical information for all partners to a transaction. Blockchain will help to “ensure real time visibility and enhances authentication” of transactions.</p>\n<p>Michael White, the head of global trade digitization at Maersk, told the hearing that supply chains were critical in global trade, with 80% goods traded around the world carried by shipping companies who now need enhanced and centralised management and monitoring platforms such as blockchain.</p>\n<p>The underlying values of deploying blockchain in the supply chain far exceeds its current limitations, although developers are continuously working on refining their platforms and applications, other members said.</p>\n<p>“Blockchain could bring together buyers and sellers together. Blockchain could enable greater transparency and assurances that duties are paid. Blockchain can have ability to track through supply chain. We have seen the tech used to track products such as diamonds and mangoes. It ensures standards are met each step of the way,” Rubio concluded.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: chinese-researchers-create-index-to-rank-blockchain-projects2018/05/12 10:44:30
davidlanzpublished a new post: chinese-researchers-create-index-to-rank-blockchain-projects
2018/05/12 10:44:30
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/chinese-researchers-create-index-to-rank-blockchain-projects/" title="Chinese Researchers Create Index to Rank Blockchain Projects"> <img alt="china" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) <a href="http://www.ccidgroup.com/gzdt/11333.htm">announced</a> its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological merit.</p> <p>The CCID is part of the Ministry of Industry and Information Technology, a state agency of the People’s Republic of China. It is responsible for the regulation and development of technology in the region, as well as the development of the knowledge economy within government.</p> <p>The intention is to provide a list of projects that researchers can evaluate as they seek to build out their own blockchain applications.</p> <p>The 28 cryptocurrencies in the inaugural index are: Ark, Bitcoin, Bitcoin Cash, BitShares, ByteCoin, Cardano, Dash, Decred, Ethereum, Ethereum Classic, Hcash, IOTA, Komodo, Lisk, Litecoin, Monero, NANO, NEM, NEO, QTUM, Ripple, Siacoin, Steem, Stellar, Stratis, Verge, Waves and Zcash.</p> <p>The announcement from the CCID stated that the intention was to “scientifically evaluate the development level” of blockchain technologies. This is to assist in providing “professional consulting services for the government, enterprises, research institutes, and technology developers.”</p> <figure class="wp-caption aligncenter" id="attachment_116488" style="width: 750px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg" title="Chinese Researchers Create Index to Rank Blockchain Projects"><img alt="china" class="wp-image-116488" data-size="1000x667" height="500" sizes="(max-width: 750px) 100vw, 750px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-360x240.jpg 360w" width="750"/></a><figcaption class="wp-caption-text">State-backed researchers in China have created an index to rank blockchain projects deemed to have technological merit.</figcaption></figure> <p>The researchers used a number of criteria to select blockchain companies to include in the index, including:</p> <ol> <li>The project should have its own independent main chain</li> <li>Nodes can be freely created</li> <li>It should have a published block explorer where block information can be easily tracked</li> <li>It needs to run on open source code</li> <li>It should have an open website that project team members that are contactable</li> </ol> <p>At the seminar, Zihe Huang, deputy director of the China Electronic Information Industry Development Institute, indicated that particular attention is being paid to industry research, as well as to the technology behind blockchain. The formation of a dedicated CCID Blockchain Research Institute and the China Ecological Blockchain Alliance, will further efforts to organise and improve blockchain technology development, industry and policy research, for the benefit of the Chinese government and society.</p> <p>Earlier this week, it was announced that China’s government had begun working on <a href="https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/">national standards</a> for blockchain technology and last month, the National Audit of the People’s Republic of China released an article indicating it was <a href="https://www.ccn.com/china-pins-hopes-on-blockchain-technology-for-government-audits/">looking at blockchain</a> to improve government auditing functions</p> <p>These announcements demonstrate a marked softening in China’s stance on blockchain and cryptocurrencies since last September. Back then, China’s central bank <a href="https://www.ccn.com/breaking-chinas-central-bank-bans-icos/">announced an immediate blanket ban</a> on all initial coin offerings (ICOs). Its more tolerant view of crypto indicates that the Chinese government wants a major role on the world stage in formally reviewing and evaluating blockchain technologies – at a time when independent research-led analysis is not readily available.</p> <p><em>Images from Shutterstock</em></p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/chinese-researchers-create-index-to-rank-blockchain-projects/\" title=\"Chinese Researchers Create Index to Rank Blockchain Projects\">\n<img alt=\"china\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) <a href=\"http://www.ccidgroup.com/gzdt/11333.htm\">announced</a> its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological merit.</p>\n<p>The CCID is part of the Ministry of Industry and Information Technology, a state agency of the People’s Republic of China. It is responsible for the regulation and development of technology in the region, as well as the development of the knowledge economy within government.</p>\n<p>The intention is to provide a list of projects that researchers can evaluate as they seek to build out their own blockchain applications.</p>\n<p>The 28 cryptocurrencies in the inaugural index are: Ark, Bitcoin, Bitcoin Cash, BitShares, ByteCoin, Cardano, Dash, Decred, Ethereum, Ethereum Classic, Hcash, IOTA, Komodo, Lisk, Litecoin, Monero, NANO, NEM, NEO, QTUM, Ripple, Siacoin, Steem, Stellar, Stratis, Verge, Waves and Zcash.</p>\n<p>The announcement from the CCID stated that the intention was to “scientifically evaluate the development level” of blockchain technologies. This is to assist in providing “professional consulting services for the government, enterprises, research institutes, and technology developers.”</p>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_116488\" style=\"width: 750px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg\" title=\"Chinese Researchers Create Index to Rank Blockchain Projects\"><img alt=\"china\" class=\"wp-image-116488\" data-size=\"1000x667\" height=\"500\" sizes=\"(max-width: 750px) 100vw, 750px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-360x240.jpg 360w\" width=\"750\"/></a><figcaption class=\"wp-caption-text\">State-backed researchers in China have created an index to rank blockchain projects deemed to have technological merit.</figcaption></figure>\n<p>The researchers used a number of criteria to select blockchain companies to include in the index, including:</p>\n<ol>\n<li>The project should have its own independent main chain</li>\n<li>Nodes can be freely created</li>\n<li>It should have a published block explorer where block information can be easily tracked</li>\n<li>It needs to run on open source code</li>\n<li>It should have an open website that project team members that are contactable</li>\n</ol>\n<p>At the seminar, Zihe Huang, deputy director of the China Electronic Information Industry Development Institute, indicated that particular attention is being paid to industry research, as well as to the technology behind blockchain. The formation of a dedicated CCID Blockchain Research Institute and the China Ecological Blockchain Alliance, will further efforts to organise and improve blockchain technology development, industry and policy research, for the benefit of the Chinese government and society.</p>\n<p>Earlier this week, it was announced that China’s government had begun working on <a href=\"https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/\">national standards</a> for blockchain technology and last month, the National Audit of the People’s Republic of China released an article indicating it was <a href=\"https://www.ccn.com/china-pins-hopes-on-blockchain-technology-for-government-audits/\">looking at blockchain</a> to improve government auditing functions</p>\n<p>These announcements demonstrate a marked softening in China’s stance on blockchain and cryptocurrencies since last September. Back then, China’s central bank <a href=\"https://www.ccn.com/breaking-chinas-central-bank-bans-icos/\">announced an immediate blanket ban</a> on all initial coin offerings (ICOs). Its more tolerant view of crypto indicates that the Chinese government wants a major role on the world stage in formally reviewing and evaluating blockchain technologies – at a time when independent research-led analysis is not readily available.</p>\n<p><em>Images from Shutterstock</em></p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 10:38:54
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/cryptocurrency-market-drops-further-bitcoin-092325130.html |
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2018/05/12 10:38:48
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}davidlanzpublished a new post: cryptocurrency-market-drops-further-bitcoin-price-at-8250-and-tokens-down-202018/05/12 10:38:36
davidlanzpublished a new post: cryptocurrency-market-drops-further-bitcoin-price-at-8250-and-tokens-down-20
2018/05/12 10:38:36
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-price-fall-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/cryptocurrency-market-continues-to-fall-bitcoin-at-8250-and-tokens-down-20/" title="Cryptocurrency Market Drops Further: Bitcoin Price at $8,250 and Tokens Down 20%"> <img alt="Bitcoin price" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-price-fall-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><span style="font-weight: 400;">The cryptocurrency market has continued to fall over the past 24 hours, after seeing a decline of more than $40 billion on May 11. The bitcoin price fell to $8,250 while the majority of tokens recorded losses in the 20 percent range. </span></p> <h2><b>UPbit + Mt. Gox</b></h2> <p><span style="font-weight: 400;">On May 11, CCN reported that UPbit, South Korea’s biggest cryptocurrency exchange, was raided and investigated by local police, the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC). </span></p> <p><span style="font-weight: 400;">The two-day raid at the UPbit headquarters led local investors in the South Korean cryptocurrency exchange market to panic sell, eventually affecting the global cryptocurrency market.</span></p> <p><span style="font-weight: 400;">The UPbit case coincided with the movement of more than 8,000 bitcoins from the Mt. Gox trustee, who previously stated that he will not sell any more of its funds until September of this year. The sudden sale of the Mt. Gox trustee funds and the unexpected investigation into UPbit led the entire cryptocurrency market to demonstrate a daily loss of $30 billion, from $400 billion to $370 billion.</span></p> <p><span style="font-weight: 400;">Last week, the cryptocurrency market peaked at $470 billion, as tokens such as Ziliqa (ZIL) and 0x (ZRX) along with both bitcoin and Ethereum recorded gains in the 5 to 40 percent range. Since then, the cryptocurrency market has recorded a loss of $100 billion, within a seven-day period. The market lost more than 20 percent of its value over the past week.</span></p> <p><span style="font-weight: 400;">Large-scale investors and analysts including Fundstrat’s Tom Lee and CNBC Fast Money’s Brian Kelly have expressed their optimism towards the short-term trend of the bitcoin price given the start of the Blockchain Week in New York marked by the opening of Consensus 2018, the largest cryptocurrency conference in which institutional investors, cryptocurrency startups, developers, and traders come together.</span></p> <p><span style="font-weight: 400;">Earlier this week, BKCM founder Brian Kelly said on CNBC’s Fast Money that he was shocked investors did not push the valuation of the cryptocurrency market upwards after reports about the entrance of the New York Stock Exchange (NYSE) were released.</span></p> <p><span style="font-weight: 400;">“I’m actually a bit shocked that the market did not pick up on this. Dominic Chu of CNBC said that investors will get physical delivery of bitcoin. That doesn’t sound that interesting except for the fact that it means ICE Exchange has a custody solution. That has been the big hurdle. How do you hold onto these assets. These are generally bear instruments, just like gold bearer bonds. That’s the big deal. They have come up with a custody solution for institutional holders,” said Kelly.</span></p> <p><span style="font-weight: 400;">With the Blockchain Week starting in May 15, the entrance of Goldman Sachs and NYSE into the cryptocurrency market, and the rising interest of institutional investors for cryptocurrencies like bitcoin and Ethereum, investors have expected the market to surge in the short-term.</span></p> <p><span style="font-weight: 400;">However, several events including the Mt. Gox sale and the UPbit case led the cryptocurrency market to slump over the past five days.</span></p> <h2><b>Where Does the Market go From Here</b></h2> <p>The cryptocurrency market has declined by more than 20 percent over the past week. But, given the upcoming events including the Blockchain Week in New York, it is likely that the market will see a recovery in volume across major exchanges, allowing the market to rebound.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-price-fall-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/cryptocurrency-market-continues-to-fall-bitcoin-at-8250-and-tokens-down-20/\" title=\"Cryptocurrency Market Drops Further: Bitcoin Price at $8,250 and Tokens Down 20%\">\n<img alt=\"Bitcoin price\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Bitcoin-price-fall-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market has continued to fall over the past 24 hours, after seeing a decline of more than $40 billion on May 11. The bitcoin price fell to $8,250 while the majority of tokens recorded losses in the 20 percent range. </span></p>\n<h2><b>UPbit + Mt. Gox</b></h2>\n<p><span style=\"font-weight: 400;\">On May 11, CCN reported that UPbit, South Korea’s biggest cryptocurrency exchange, was raided and investigated by local police, the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC). </span></p>\n<p><span style=\"font-weight: 400;\">The two-day raid at the UPbit headquarters led local investors in the South Korean cryptocurrency exchange market to panic sell, eventually affecting the global cryptocurrency market.</span></p>\n<p><span style=\"font-weight: 400;\">The UPbit case coincided with the movement of more than 8,000 bitcoins from the Mt. Gox trustee, who previously stated that he will not sell any more of its funds until September of this year. The sudden sale of the Mt. Gox trustee funds and the unexpected investigation into UPbit led the entire cryptocurrency market to demonstrate a daily loss of $30 billion, from $400 billion to $370 billion.</span></p>\n<p><span style=\"font-weight: 400;\">Last week, the cryptocurrency market peaked at $470 billion, as tokens such as Ziliqa (ZIL) and 0x (ZRX) along with both bitcoin and Ethereum recorded gains in the 5 to 40 percent range. Since then, the cryptocurrency market has recorded a loss of $100 billion, within a seven-day period. The market lost more than 20 percent of its value over the past week.</span></p>\n<p><span style=\"font-weight: 400;\">Large-scale investors and analysts including Fundstrat’s Tom Lee and CNBC Fast Money’s Brian Kelly have expressed their optimism towards the short-term trend of the bitcoin price given the start of the Blockchain Week in New York marked by the opening of Consensus 2018, the largest cryptocurrency conference in which institutional investors, cryptocurrency startups, developers, and traders come together.</span></p>\n<p><span style=\"font-weight: 400;\">Earlier this week, BKCM founder Brian Kelly said on CNBC’s Fast Money that he was shocked investors did not push the valuation of the cryptocurrency market upwards after reports about the entrance of the New York Stock Exchange (NYSE) were released.</span></p>\n<p><span style=\"font-weight: 400;\">“I’m actually a bit shocked that the market did not pick up on this. Dominic Chu of CNBC said that investors will get physical delivery of bitcoin. That doesn’t sound that interesting except for the fact that it means ICE Exchange has a custody solution. That has been the big hurdle. How do you hold onto these assets. These are generally bear instruments, just like gold bearer bonds. That’s the big deal. They have come up with a custody solution for institutional holders,” said Kelly.</span></p>\n<p><span style=\"font-weight: 400;\">With the Blockchain Week starting in May 15, the entrance of Goldman Sachs and NYSE into the cryptocurrency market, and the rising interest of institutional investors for cryptocurrencies like bitcoin and Ethereum, investors have expected the market to surge in the short-term.</span></p>\n<p><span style=\"font-weight: 400;\">However, several events including the Mt. Gox sale and the UPbit case led the cryptocurrency market to slump over the past five days.</span></p>\n<h2><b>Where Does the Market go From Here</b></h2>\n<p>The cryptocurrency market has declined by more than 20 percent over the past week. But, given the upcoming events including the Blockchain Week in New York, it is likely that the market will see a recovery in volume across major exchanges, allowing the market to rebound.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 10:08:39
| author | davidlanz |
| body | <p><img src="https://cdn.images.express.co.uk/img/dynamic/22/590x/958130_1.jpg"></p><br><h2>Follow @davidlanz for real-time crypto news!<h2> |
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2018/05/12 08:41:30
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/8-200-btc-moved-mt-111741980.html |
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}davidlanzpublished a new post: 8200-btc-moved-from-mt--gox-wallet-possible-sell-off-affects-bitcoin-price2018/05/12 08:41:12
davidlanzpublished a new post: 8200-btc-moved-from-mt--gox-wallet-possible-sell-off-affects-bitcoin-price
2018/05/12 08:41:12
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/" title="8,200 BTC Moved From Mt. Gox Wallet, Possible Sell-Off Affects Bitcoin Price"> <img alt="bitcoin reputation" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" sizes="(max-width: 712px) 100vw, 712px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg.jpg 950w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg-300x169.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg-400x225.jpg 400w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg-890x500.jpg 890w" width="712"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><span style="font-weight: 400;">The Mt. Gox trustee, who was tasked to sell about 200,000 bitcoin after the bankruptcy of the now-defunct cryptocurrency exchange Mt. Gox, is suspected to have dumped another 8,000 bitcoin on the cryptocurrency market. </span></p> <h2><b>Domino Effect</b></h2> <p><span style="font-weight: 400;">As CCN <a href="https://www.ccn.com/wall-street-adopting-bitcoin-will-lead-crypto-market-to-surge-brian-kelly/">reported</a> yesterday, CNBC’s Fast Money contributor and BKCM founder Brian Kelly stated that the entrance of major financial institutions and banks into the cryptocurrency market could allow the cryptocurrency market to surge in value and cryptocurrencies to be considered as an emerging asset class.</span></p> <p><span style="font-weight: 400;">Currently, Kelly stated that cryptocurrencies are bearer instruments and it is difficult for institutional money to flow into the market.</span></p> <p><span style="font-weight: 400;">“I’m actually a bit shocked that the market did not pick up on this. Dominic Chu of CNBC said that investors will get physical delivery of bitcoin. That doesn’t sound that interesting except for the fact that it means ICE Exchange has a custody solution. That has been the big hurdle. How do you hold onto these assets. These are generally bearer instruments, just like gold bearer bonds. That’s the big deal. They have come up with a custody solution for institutional holders,” </span><a href="https://www.ccn.com/wall-street-adopting-bitcoin-will-lead-crypto-market-to-surge-brian-kelly/"><span style="font-weight: 400;">said Kelly.</span></a></p> <p><span style="font-weight: 400;">Following the logic of Kelly, the cryptocurrency market is very volatile and its daily trading volume is relatively low compared to other traditional assets and markets like the NASDAQ and gold. As such, the movement of funds of less than a billion dollars could drastically impact the market and the rates of cryptocurrencies, especially if large amounts of bitcoin are sold on public cryptocurrency exchanges.</span></p> <p><span style="font-weight: 400;">Over the past few months, despite of the criticism from the cryptocurrency market, the Mt. Gox trustee has continued to sell <a href="https://www.ccn.com/bitcoin-drops-8300-mt-gox-trustee-sell-off-continues-market-drops/">massive chunks</a> of bitcoin on cryptocurrency exchanges, even after acknowledging that the sell off of tens of thousands of bitcoins can easily move the market that is already highly volatile.</span></p> <p><span style="font-weight: 400;">Today, on May 11, various reports have suggested that the recent price dip of bitcoin and other cryptocurrencies was triggered by the sell off of Mt. Gox coins. Four wallets of the Mt. Gox trustee moved around 2,000 bitcoins each, sending over 8,000 bitcoins in total over the past 24 hours. Considering that the Mt. Gox trustee was asked to sell over 200,000 bitcoins and convert it to Japanese yen by local financial authorities, it is evident that any external movement of the Mt. Gox trustee’s funds likely means that they are being sold on cryptocurrency exchanges.</span></p> <p><img alt="" class="aligncenter size-large wp-image-136732" data-size="1202x628" height="535" sizes="(max-width: 1024px) 100vw, 1024px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-1024x535.png" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-1024x535.png 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-300x157.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-768x401.png 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-640x334.png 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-360x188.png 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1.png 1202w" width="1024"/></p> <h2><b>Over-The-Counter (OTC) Market</b></h2> <p><span style="font-weight: 400;">Similar to how most institutional traders and retail investors purchase and sell large batches of cryptocurrencies, the Mt. Gox trustee could use the <a href="https://www.ccn.com/goldman-sachs-isnt-launching-a-bitcoin-trading-desk-because-it-already-owns-one/">over-the-counter (OTC) market</a> and directly deal with large-scale investors that are willing to purchase thousands of bitcoins.</span></p> <p><span style="font-weight: 400;">Instead, the Mt. Gox trustee has opted to sell its funds on cryptocurrency exchanges, creating a domino effect across all major exchanges and leading the cryptocurrency market to drop by large margins.</span></p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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| title | 8,200 BTC Moved From Mt. Gox Wallet, Possible Sell-Off Affects Bitcoin Price |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/\" title=\"8,200 BTC Moved From Mt. Gox Wallet, Possible Sell-Off Affects Bitcoin Price\">\n<img alt=\"bitcoin reputation\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" sizes=\"(max-width: 712px) 100vw, 712px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg.jpg 950w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg-300x169.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg-400x225.jpg 400w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2015/03/Mt-Gox.jpg-890x500.jpg 890w\" width=\"712\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><span style=\"font-weight: 400;\">The Mt. Gox trustee, who was tasked to sell about 200,000 bitcoin after the bankruptcy of the now-defunct cryptocurrency exchange Mt. Gox, is suspected to have dumped another 8,000 bitcoin on the cryptocurrency market. </span></p>\n<h2><b>Domino Effect</b></h2>\n<p><span style=\"font-weight: 400;\">As CCN <a href=\"https://www.ccn.com/wall-street-adopting-bitcoin-will-lead-crypto-market-to-surge-brian-kelly/\">reported</a> yesterday, CNBC’s Fast Money contributor and BKCM founder Brian Kelly stated that the entrance of major financial institutions and banks into the cryptocurrency market could allow the cryptocurrency market to surge in value and cryptocurrencies to be considered as an emerging asset class.</span></p>\n<p><span style=\"font-weight: 400;\">Currently, Kelly stated that cryptocurrencies are bearer instruments and it is difficult for institutional money to flow into the market.</span></p>\n<p><span style=\"font-weight: 400;\">“I’m actually a bit shocked that the market did not pick up on this. Dominic Chu of CNBC said that investors will get physical delivery of bitcoin. That doesn’t sound that interesting except for the fact that it means ICE Exchange has a custody solution. That has been the big hurdle. How do you hold onto these assets. These are generally bearer instruments, just like gold bearer bonds. That’s the big deal. They have come up with a custody solution for institutional holders,” </span><a href=\"https://www.ccn.com/wall-street-adopting-bitcoin-will-lead-crypto-market-to-surge-brian-kelly/\"><span style=\"font-weight: 400;\">said Kelly.</span></a></p>\n<p><span style=\"font-weight: 400;\">Following the logic of Kelly, the cryptocurrency market is very volatile and its daily trading volume is relatively low compared to other traditional assets and markets like the NASDAQ and gold. As such, the movement of funds of less than a billion dollars could drastically impact the market and the rates of cryptocurrencies, especially if large amounts of bitcoin are sold on public cryptocurrency exchanges.</span></p>\n<p><span style=\"font-weight: 400;\">Over the past few months, despite of the criticism from the cryptocurrency market, the Mt. Gox trustee has continued to sell <a href=\"https://www.ccn.com/bitcoin-drops-8300-mt-gox-trustee-sell-off-continues-market-drops/\">massive chunks</a> of bitcoin on cryptocurrency exchanges, even after acknowledging that the sell off of tens of thousands of bitcoins can easily move the market that is already highly volatile.</span></p>\n<p><span style=\"font-weight: 400;\">Today, on May 11, various reports have suggested that the recent price dip of bitcoin and other cryptocurrencies was triggered by the sell off of Mt. Gox coins. Four wallets of the Mt. Gox trustee moved around 2,000 bitcoins each, sending over 8,000 bitcoins in total over the past 24 hours. Considering that the Mt. Gox trustee was asked to sell over 200,000 bitcoins and convert it to Japanese yen by local financial authorities, it is evident that any external movement of the Mt. Gox trustee’s funds likely means that they are being sold on cryptocurrency exchanges.</span></p>\n<p><img alt=\"\" class=\"aligncenter size-large wp-image-136732\" data-size=\"1202x628\" height=\"535\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-1024x535.png\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-1024x535.png 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-300x157.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-768x401.png 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-640x334.png 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1-360x188.png 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wallet1.png 1202w\" width=\"1024\"/></p>\n<h2><b>Over-The-Counter (OTC) Market</b></h2>\n<p><span style=\"font-weight: 400;\">Similar to how most institutional traders and retail investors purchase and sell large batches of cryptocurrencies, the Mt. Gox trustee could use the <a href=\"https://www.ccn.com/goldman-sachs-isnt-launching-a-bitcoin-trading-desk-because-it-already-owns-one/\">over-the-counter (OTC) market</a> and directly deal with large-scale investors that are willing to purchase thousands of bitcoins.</span></p>\n<p><span style=\"font-weight: 400;\">Instead, the Mt. Gox trustee has opted to sell its funds on cryptocurrency exchanges, creating a domino effect across all major exchanges and leading the cryptocurrency market to drop by large margins.</span></p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade2018/05/12 08:34:48
davidlanzpublished a new post: indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade
2018/05/12 08:34:48
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/Bitcoin-India-flag-1-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade/" title="Indian Exchanges pivot to Crypto-to-Crypto trading amid RBI Banking Blockade"> <img alt="" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/Bitcoin-India-flag-1-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>On April 6th, 2018, the Reserve Bank of India (RBI) <a href="https://www.ccn.com/india-bans-banks-from-processing-cryptocurrency-purchases/">announced</a> that within three months entities registered with them should stop dealing with cryptocurrencies or companies that deal with cryptocurrencies.</p> <p>This includes banks, mobile wallets, and domestic payment gateways. It was the first time the any government entity announced a rule that would affect cryptocurrency trading in India. There was no ban on trading Cryptocurrencies. Instead, not letting banks provide their services to exchanges heavily handicaps them because they will no longer be able to process fiat payments.</p> <p>To prevent a complete shutdown of trading, Cryptocurrency exchanges have been rampantly adding crypto-to-crypto trading pairs which never existed a few months ago.</p> <p>Just last week, <a href="http://www.zebpay.com" rel="noopener" target="_blank">Zebpay</a>, India’s largest Cryptocurrency exchange announced six new crypto-to-crypto trading pairs. These include Ethereum, Bitcoin cash, and Ripple against BTC. Another popular exchange, <a href="http://www.unocoin.com" rel="noopener" target="_blank">Unocoin</a> announced a new app where users would be able to trade popular cryptocurrencies against other cryptocurrencies.</p> <p>Speaking with the <a href="https://economictimes.indiatimes.com/markets/stocks/news/rbi-curbs-bring-about-crypto-to-crypto-trade/articleshow/64106156.cms" rel="noopener" target="_blank">Economic Times</a>, Ajeet Khurana, the CEO of Zebpay said <em>“Even if there was no RBI circular, the crypto to crypto product would have happened. However, because of the circular and the fact that fiats may no longer be in the picture, it definitely did hurry up and encourage the solution sooner.”</em></p> <p>It is estimated that India has over 5 Million active traders and this is only set to increase. As the government clamps down fiat trades, traders have moved to over the counter solutions like <a href="https://localbitcoins.com" rel="noopener" target="_blank">LocalBitcoin</a>. Though India has a large number of traders, it makes up less than 1% of daily volume.</p> <p>Both traders and exchanges are not happy with RBI’s decision. Four different exchanges (Coindelta, Koinex, ThroughBit, and CoinDCX) have<a href="https://www.ccn.com/four-crypto-exchanges-combat-indian-central-banks-bitcoin-blockade-in-supreme-court/"> moved to the Supreme Court</a> against the RBI. Another exchange, CoinRecoil has moved to the Delhi High Court, <a href="https://www.ccn.com/delhi-high-court-issues-notice-to-rbi-union-of-india-and-gst-council-in-coinrecoils-petition/">accusing RBI</a> of violating the Constitution through the ban. The court has admitted this case and a notice has been issued to the RBI for a hearing on May 24th, 2018.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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}davidlanzpublished a new post: ethereum-futures-launch-on-regulated-uk-trading-platform2018/05/12 08:11:12
davidlanzpublished a new post: ethereum-futures-launch-on-regulated-uk-trading-platform
2018/05/12 08:11:12
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/ethereum-futures-launch-on-regulated-uk-trading-platform/" title="Ethereum Futures Launch on Regulated UK Trading Platform"> <img alt="ethereum futures" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>The world’s first regulated ethereum futures will soon begin trading on UK cryptocurrency trading platform Crypto Facilities.</p> <p>The London-based firm — which is regulated by the Financial Conduct Authority (FCA) — on Friday announced that it will list an <a href="https://www.ccn.com/cboe-completes-upgrade-other-crypto-futures-coming/">ethereum futures</a> contract, providing institutional investors with the ability to go long or short on the price of ether without the regulatory and custodial risks associated with trading the underlying asset. The contracts will begin trading at 4 pm UK time.</p> <p>Crypto Facilities chief executive Timo Schlaefer said in a statement that he believes the presence of regulated futures will bring more liquidity to ethereum, which is already the world’s second largest cryptocurrency by market cap.</p> <p>He said:</p> <blockquote><p>“Ether is the second most liquid cryptocurrency after Bitcoin, trading in the billions of dollars daily, and we are excited to be launching ETH futures. The Ethereum network is the pre-eminent blockchain for smart contracts, and we believe this new trading instrument will attract more investors and bring greater liquidity to the marketplace.”</p></blockquote> <p>Chicago-based trading firm Akuna Capital and London-based market maker B2C2 will provide liquidity for the ethereum futures product.</p> <p>Toby Allen, head of digital assets at Akuna, said that the firm is “looking forward to seeing this much-needed product fill a gap in the market. The addition of a futures product enables crypto traders to take both long and short positions in ETH and is another giant leap in the development of the crypto asset class.”</p> <p>Crypto Facilities already offers <a href="https://www.ccn.com/ripples-xrp-futures-gets-listed-derivatives-exchange/">futures trading</a> for bitcoin and Ripple’s XRP token, and its trading data is included in CME Group’s Bitcoin Reference Rate (BRR), which is used to calculate the pricing of the Chicago-based exchange’s <a href="https://www.ccn.com/cme-bitcoin-futures-exchange-is-officially-live-inflow-of-10-billion-expected/">bitcoin futures</a> product.</p> <p>Last week, researchers at the Federal Reserve released a report arguing that the launch of bitcoin futures on CME triggered a widespread cryptocurrency market decline because it provided bears with the opportunity to easily take up short positions on the nascent asset. However, most analysts believe that the presence of these financial products is likely bullish for the asset class over the long term.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/ethereum-futures-launch-on-regulated-uk-trading-platform/\" title=\"Ethereum Futures Launch on Regulated UK Trading Platform\">\n<img alt=\"ethereum futures\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>The world’s first regulated ethereum futures will soon begin trading on UK cryptocurrency trading platform Crypto Facilities.</p>\n<p>The London-based firm — which is regulated by the Financial Conduct Authority (FCA) — on Friday announced that it will list an <a href=\"https://www.ccn.com/cboe-completes-upgrade-other-crypto-futures-coming/\">ethereum futures</a> contract, providing institutional investors with the ability to go long or short on the price of ether without the regulatory and custodial risks associated with trading the underlying asset. The contracts will begin trading at 4 pm UK time.</p>\n<p>Crypto Facilities chief executive Timo Schlaefer said in a statement that he believes the presence of regulated futures will bring more liquidity to ethereum, which is already the world’s second largest cryptocurrency by market cap.</p>\n<p>He said:</p>\n<blockquote><p>“Ether is the second most liquid cryptocurrency after Bitcoin, trading in the billions of dollars daily, and we are excited to be launching ETH futures. The Ethereum network is the pre-eminent blockchain for smart contracts, and we believe this new trading instrument will attract more investors and bring greater liquidity to the marketplace.”</p></blockquote>\n<p>Chicago-based trading firm Akuna Capital and London-based market maker B2C2 will provide liquidity for the ethereum futures product.</p>\n<p>Toby Allen, head of digital assets at Akuna, said that the firm is “looking forward to seeing this much-needed product fill a gap in the market. The addition of a futures product enables crypto traders to take both long and short positions in ETH and is another giant leap in the development of the crypto asset class.”</p>\n<p>Crypto Facilities already offers <a href=\"https://www.ccn.com/ripples-xrp-futures-gets-listed-derivatives-exchange/\">futures trading</a> for bitcoin and Ripple’s XRP token, and its trading data is included in CME Group’s Bitcoin Reference Rate (BRR), which is used to calculate the pricing of the Chicago-based exchange’s <a href=\"https://www.ccn.com/cme-bitcoin-futures-exchange-is-officially-live-inflow-of-10-billion-expected/\">bitcoin futures</a> product.</p>\n<p>Last week, researchers at the Federal Reserve released a report arguing that the launch of bitcoin futures on CME triggered a widespread cryptocurrency market decline because it provided bears with the opportunity to easily take up short positions on the nascent asset. However, most analysts believe that the presence of these financial products is likely bullish for the asset class over the long term.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}2018/05/12 08:05:21
2018/05/12 08:05:21
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/" title="Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly"> <img alt="bitcoin price" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><span style="font-weight: 400;">The cryptocurrency market has declined by more than $50 billion over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</span></p> <h2><b>Bitcoin Price at $8,500</b></h2> <p><span style="font-weight: 400;">Over the past 24 hours, the bitcoin price has dropped by more than 8 percent mainly due to two major factors: police raid into the headquarters of major South Korean exchange UPbit and the selloff of 8,000 bitcoin by the Mt. Gox trustee.</span></p> <p><a href="https://www.ccn.com/south-koreas-biggest-cryptocurrency-exchange-investigated-by-local-police-market-drops/"><span style="font-weight: 400;">As CCN reported</span></a><span style="font-weight: 400;">, the Seoul police along with the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) have initiated an investigation into South Korea’s biggest cryptocurrency exchange UPbit with allegations of fraud and illicit movement of client funds to the accounts of the exchange’s executives.</span></p> <p><span style="font-weight: 400;">The local police has yet to release its final report on the case and is expected to confirm its findings on Monday next week.</span></p> <p><span style="font-weight: 400;">“We have secured hard disks and accounting books through confiscation. Analysis is expected to take days,” the authorities said, adding that the final report on the UPbit case will be released next week,” said local financial authorities.</span></p> <p><span style="font-weight: 400;">The sell off of cryptocurrencies by South Korean traders on UPbit along with the <a href="https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/">possible sale of 8,000 bitcoins</a> by the Mt. Gox trustee led bitcoin and the rest of the cryptocurrency market to fall. </span></p> <p><span style="font-weight: 400;">The Mt. Gox trustee previously stated that it is not in its plans to sell off parts of its 200,000 bitcoin holdings until late September. But, it moved more than 8,000 bitcoins to external wallets, triggering a domino effect across major cryptocurrency exchanges.</span></p> <h2><b>Market Turns Red </b></h2> <p><span style="font-weight: 400;">The entire market has fallen on May 11, without any exception. Even tokens such as ICON (ICX), Ontology (ONT), EOS, OmiseGo (OMG), and Ziliqa (ZIL), which have recorded massive gains against both bitcoin and the US dollar over the past two weeks, have recorded large losses in the range of 5 percent to 20 percent.</span></p> <p><span style="font-weight: 400;">Gifto (GTO), STORM, Dent, Status (SNT), and other tokens which recorded 30 to 50 percent gains over the past month fell by more than 20 percent.</span></p> <p><span style="font-weight: 400;">As shown in the graphic provided by Coin360, the entire market has demonstrated significant losses over the past 24 hours.</span></p> <p><img alt="" class="aligncenter size-large wp-image-136749" data-size="1914x918" height="491" sizes="(max-width: 1024px) 100vw, 1024px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-300x144.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-768x368.png 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-640x307.png 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-360x173.png 360w" width="1024"/></p> <p><span style="font-weight: 400;">Ran Neuner, the producer of CNBC’s CryptoTrader, who has offered extensive coverage of the South Korean cryptocurrency market this week, stated that local investors believe traders on UPbit sold their cryptocurrencies on the platform with the intention of moving them to other platforms or cryptocurrency exchange. As such, investors expect the market to rebound soon.</span></p> <p>“Korea: This selling is coming from people taking their funds out of Upbit as they are concerned. These people are crypto investors and won’t leave crypto — they will go to other exchanges and buy there. expect a huge bounce,” said Ran.</p> <p>As the market did in previous Mt. Gox sell offs, the cryptocurrency market is expected to rebound swiftly especially if police reports that are expected to be released next week show that UPbit did not engage in any suspicious or criminal activity.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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| title | Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/\" title=\"Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly\">\n<img alt=\"bitcoin price\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market has declined by more than $50 billion over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</span></p>\n<h2><b>Bitcoin Price at $8,500</b></h2>\n<p><span style=\"font-weight: 400;\">Over the past 24 hours, the bitcoin price has dropped by more than 8 percent mainly due to two major factors: police raid into the headquarters of major South Korean exchange UPbit and the selloff of 8,000 bitcoin by the Mt. Gox trustee.</span></p>\n<p><a href=\"https://www.ccn.com/south-koreas-biggest-cryptocurrency-exchange-investigated-by-local-police-market-drops/\"><span style=\"font-weight: 400;\">As CCN reported</span></a><span style=\"font-weight: 400;\">, the Seoul police along with the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) have initiated an investigation into South Korea’s biggest cryptocurrency exchange UPbit with allegations of fraud and illicit movement of client funds to the accounts of the exchange’s executives.</span></p>\n<p><span style=\"font-weight: 400;\">The local police has yet to release its final report on the case and is expected to confirm its findings on Monday next week.</span></p>\n<p><span style=\"font-weight: 400;\">“We have secured hard disks and accounting books through confiscation. Analysis is expected to take days,” the authorities said, adding that the final report on the UPbit case will be released next week,” said local financial authorities.</span></p>\n<p><span style=\"font-weight: 400;\">The sell off of cryptocurrencies by South Korean traders on UPbit along with the <a href=\"https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/\">possible sale of 8,000 bitcoins</a> by the Mt. Gox trustee led bitcoin and the rest of the cryptocurrency market to fall. </span></p>\n<p><span style=\"font-weight: 400;\">The Mt. Gox trustee previously stated that it is not in its plans to sell off parts of its 200,000 bitcoin holdings until late September. But, it moved more than 8,000 bitcoins to external wallets, triggering a domino effect across major cryptocurrency exchanges.</span></p>\n<h2><b>Market Turns Red </b></h2>\n<p><span style=\"font-weight: 400;\">The entire market has fallen on May 11, without any exception. Even tokens such as ICON (ICX), Ontology (ONT), EOS, OmiseGo (OMG), and Ziliqa (ZIL), which have recorded massive gains against both bitcoin and the US dollar over the past two weeks, have recorded large losses in the range of 5 percent to 20 percent.</span></p>\n<p><span style=\"font-weight: 400;\">Gifto (GTO), STORM, Dent, Status (SNT), and other tokens which recorded 30 to 50 percent gains over the past month fell by more than 20 percent.</span></p>\n<p><span style=\"font-weight: 400;\">As shown in the graphic provided by Coin360, the entire market has demonstrated significant losses over the past 24 hours.</span></p>\n<p><img alt=\"\" class=\"aligncenter size-large wp-image-136749\" data-size=\"1914x918\" height=\"491\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-300x144.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-768x368.png 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-640x307.png 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-360x173.png 360w\" width=\"1024\"/></p>\n<p><span style=\"font-weight: 400;\">Ran Neuner, the producer of CNBC’s CryptoTrader, who has offered extensive coverage of the South Korean cryptocurrency market this week, stated that local investors believe traders on UPbit sold their cryptocurrencies on the platform with the intention of moving them to other platforms or cryptocurrency exchange. As such, investors expect the market to rebound soon.</span></p>\n<p>“Korea: This selling is coming from people taking their funds out of Upbit as they are concerned. These people are crypto investors and won’t leave crypto — they will go to other exchanges and buy there. expect a huge bounce,” said Ran.</p>\n<p>As the market did in previous Mt. Gox sell offs, the cryptocurrency market is expected to rebound swiftly especially if police reports that are expected to be released next week show that UPbit did not engage in any suspicious or criminal activity.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: facebook-may-issue-its-own-cryptocurrency-report2018/05/12 07:59:27
davidlanzpublished a new post: facebook-may-issue-its-own-cryptocurrency-report
2018/05/12 07:59:27
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/facebook-cryptocurrency-bitcoin-blockchain-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/facebook-may-issue-its-own-cryptocurrency-report/" title="Facebook May Issue Its Own Cryptocurrency: Report"> <img alt="facebook cryptocurrency" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/facebook-cryptocurrency-bitcoin-blockchain-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Social media giant Facebook is exploring the benefits of releasing its own cryptocurrency, financial news outlet Cheddar reported on Friday.</p> <p>Citing anonymous sources familiar with the matter, senior reporter Alex Heath said that the company — whose $533 billion market cap is a $140 billion larger than the current <a href="http://ccn.com/marketcap">cryptocurrency market cap</a> — is holding serious, high-level discussions about directing the focus of its blockchain research team toward releasing its own cryptocurrency.</p> <p>Heath said:</p> <blockquote><p>“Sources say that Facebook is specifically interested in creating its own digital token, which would allow its more than two billion users to facilitate transactions without government-backed currency. Facebook is also looking at other ways that it could use this core blockchain technology that underpins these popular cryptocurrencies like bitcoin and ethereum.”</p></blockquote> <p>He added that the company is also evaluating how it can use blockchain technology to improve identity verification and secure its backend infrastructure — perhaps even including how it manages customer data.</p> <p>As CCN <a href="https://www.ccn.com/facebook-taps-coinbase-board-member-to-lead-blockchain-initiative/">reported</a>, Facebook announced last week that it had created a new team dedicated to researching blockchain technology. That team is led by Facebook executive David Marcus, who is also a sitting member of the <a href="http://ccn.com/tag/coinbase">Coinbase</a> board of directors.</p> <blockquote class="twitter-tweet" data-dnt="true" data-width="500"> <p dir="ltr" lang="en">SCOOP: Facebook is exploring the creation of its own cryptocurrency to facilitate digital payments for its two billion users.</p> <p>Cheddar senior reporter <a href="https://twitter.com/alexeheath?ref_src=twsrc%5Etfw">@alexeheath</a> has all the details.<a href="https://twitter.com/hashtag/CheddarScoops?src=hash&ref_src=twsrc%5Etfw">#CheddarScoops</a> <a href="https://twitter.com/hashtag/CheddarLIVE?src=hash&ref_src=twsrc%5Etfw">#CheddarLIVE</a> <a href="https://t.co/Zt8MC3MD6P">pic.twitter.com/Zt8MC3MD6P</a></p> <p>— Cheddar (@cheddar) <a href="https://twitter.com/cheddar/status/994950539430445056?ref_src=twsrc%5Etfw">May 11, 2018</a></p></blockquote> <p><script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"><br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/facebook-cryptocurrency-bitcoin-blockchain-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/facebook-may-issue-its-own-cryptocurrency-report/\" title=\"Facebook May Issue Its Own Cryptocurrency: Report\">\n<img alt=\"facebook cryptocurrency\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/facebook-cryptocurrency-bitcoin-blockchain-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Social media giant Facebook is exploring the benefits of releasing its own cryptocurrency, financial news outlet Cheddar reported on Friday.</p>\n<p>Citing anonymous sources familiar with the matter, senior reporter Alex Heath said that the company — whose $533 billion market cap is a $140 billion larger than the current <a href=\"http://ccn.com/marketcap\">cryptocurrency market cap</a> — is holding serious, high-level discussions about directing the focus of its blockchain research team toward releasing its own cryptocurrency.</p>\n<p>Heath said:</p>\n<blockquote><p>“Sources say that Facebook is specifically interested in creating its own digital token, which would allow its more than two billion users to facilitate transactions without government-backed currency. Facebook is also looking at other ways that it could use this core blockchain technology that underpins these popular cryptocurrencies like bitcoin and ethereum.”</p></blockquote>\n<p>He added that the company is also evaluating how it can use blockchain technology to improve identity verification and secure its backend infrastructure — perhaps even including how it manages customer data.</p>\n<p>As CCN <a href=\"https://www.ccn.com/facebook-taps-coinbase-board-member-to-lead-blockchain-initiative/\">reported</a>, Facebook announced last week that it had created a new team dedicated to researching blockchain technology. That team is led by Facebook executive David Marcus, who is also a sitting member of the <a href=\"http://ccn.com/tag/coinbase\">Coinbase</a> board of directors.</p>\n<blockquote class=\"twitter-tweet\" data-dnt=\"true\" data-width=\"500\">\n<p dir=\"ltr\" lang=\"en\">SCOOP: Facebook is exploring the creation of its own cryptocurrency to facilitate digital payments for its two billion users.</p>\n<p>Cheddar senior reporter <a href=\"https://twitter.com/alexeheath?ref_src=twsrc%5Etfw\">@alexeheath</a> has all the details.<a href=\"https://twitter.com/hashtag/CheddarScoops?src=hash&ref_src=twsrc%5Etfw\">#CheddarScoops</a> <a href=\"https://twitter.com/hashtag/CheddarLIVE?src=hash&ref_src=twsrc%5Etfw\">#CheddarLIVE</a> <a href=\"https://t.co/Zt8MC3MD6P\">pic.twitter.com/Zt8MC3MD6P</a></p>\n<p>— Cheddar (@cheddar) <a href=\"https://twitter.com/cheddar/status/994950539430445056?ref_src=twsrc%5Etfw\">May 11, 2018</a></p></blockquote>\n<p><script async=\"\" charset=\"utf-8\" src=\"https://platform.twitter.com/widgets.js\"><br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 07:42:18
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/planet-uranus-told-ex-nfl-180513748.html |
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2018/05/12 07:42:03
| author | davidlanz |
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}davidlanzpublished a new post: the-planet-uranus-told-this-ex-nfl-star-to-buy-bitcoin-8212-and-he-listened2018/05/12 07:41:42
davidlanzpublished a new post: the-planet-uranus-told-this-ex-nfl-star-to-buy-bitcoin-8212-and-he-listened
2018/05/12 07:41:42
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/astrology-ricky-williams-bitcoin-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/the-planet-uranus-told-this-ex-nfl-star-to-buy-bitcoin-and-he-listened/" title="The Planet Uranus Told This Ex-NFL Star to Buy Bitcoin — and He Listened"> <img alt="ricky williams" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/astrology-ricky-williams-bitcoin-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Ricky Williams is a former NFL star, and now he’s looking to the stars for investment advice.</p> <p>It’s not unusual for professional athletes to turn to financial services after earning millions of dollars in their career and looking for ways to manage it. For Williams, a former Heisman Trophy winner, the future is in astrology, and when he looked up, the stars aligned for him to buy cryptocurrencies. Williams told <a href="https://www.cnbc.com/2018/05/09/astrology-is-telling-ex-nfl-star-ricky-williams-to-invest-in-bitcoin.html">CNBC</a>:</p> <blockquote><p>“When I look at things, I tend to look at astrology to get insight. The insight that got me interested in Bitcoin was the planet Uranus is about to enter into Taurus.”</p></blockquote> <p><a href="https://www.bustle.com/p/may-2018-new-moon-astrology-predictions-that-every-sign-should-know-about-9007721">In astrology</a>, a new moon is synonymous with new beginnings, and for Williams, that means entering the cryptocurrency market. This month, astrologists have much to celebrate with the moon rising in Taurus, a sign of positive things to come. But in a rare occurrence, Uranus, which Williams describes using familiar cryptocurrency features like “revolution” and “innovation”, happens to be moving away from Aries and inching closer to Taurus, which like cryptocurrency prices is reflective of some volatility.</p> <blockquote class="twitter-tweet" data-dnt="true" data-width="500"> <p dir="ltr" lang="en">Morning Quote [<a href="https://t.co/AoK3E8hJLh">https://t.co/AoK3E8hJLh</a>] <a href="https://twitter.com/hashtag/RW?src=hash&ref_src=twsrc%5Etfw">#RW</a> <a href="https://twitter.com/hashtag/Astrology?src=hash&ref_src=twsrc%5Etfw">#Astrology</a> <a href="https://twitter.com/hashtag/Astrologic?src=hash&ref_src=twsrc%5Etfw">#Astrologic</a> <a href="https://t.co/VM63CVJcGV">pic.twitter.com/VM63CVJcGV</a></p> <p>— Ricky Williams (@Rickthelaureate) <a href="https://twitter.com/Rickthelaureate/status/991350539844808704?ref_src=twsrc%5Etfw">May 1, 2018</a></p></blockquote> <p><script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"><br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/astrology-ricky-williams-bitcoin-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/the-planet-uranus-told-this-ex-nfl-star-to-buy-bitcoin-and-he-listened/\" title=\"The Planet Uranus Told This Ex-NFL Star to Buy Bitcoin — and He Listened\">\n<img alt=\"ricky williams\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/astrology-ricky-williams-bitcoin-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Ricky Williams is a former NFL star, and now he’s looking to the stars for investment advice.</p>\n<p>It’s not unusual for professional athletes to turn to financial services after earning millions of dollars in their career and looking for ways to manage it. For Williams, a former Heisman Trophy winner, the future is in astrology, and when he looked up, the stars aligned for him to buy cryptocurrencies. Williams told <a href=\"https://www.cnbc.com/2018/05/09/astrology-is-telling-ex-nfl-star-ricky-williams-to-invest-in-bitcoin.html\">CNBC</a>:</p>\n<blockquote><p>“When I look at things, I tend to look at astrology to get insight. The insight that got me interested in Bitcoin was the planet Uranus is about to enter into Taurus.”</p></blockquote>\n<p><a href=\"https://www.bustle.com/p/may-2018-new-moon-astrology-predictions-that-every-sign-should-know-about-9007721\">In astrology</a>, a new moon is synonymous with new beginnings, and for Williams, that means entering the cryptocurrency market. This month, astrologists have much to celebrate with the moon rising in Taurus, a sign of positive things to come. But in a rare occurrence, Uranus, which Williams describes using familiar cryptocurrency features like “revolution” and “innovation”, happens to be moving away from Aries and inching closer to Taurus, which like cryptocurrency prices is reflective of some volatility.</p>\n<blockquote class=\"twitter-tweet\" data-dnt=\"true\" data-width=\"500\">\n<p dir=\"ltr\" lang=\"en\">Morning Quote [<a href=\"https://t.co/AoK3E8hJLh\">https://t.co/AoK3E8hJLh</a>] <a href=\"https://twitter.com/hashtag/RW?src=hash&ref_src=twsrc%5Etfw\">#RW</a> <a href=\"https://twitter.com/hashtag/Astrology?src=hash&ref_src=twsrc%5Etfw\">#Astrology</a> <a href=\"https://twitter.com/hashtag/Astrologic?src=hash&ref_src=twsrc%5Etfw\">#Astrologic</a> <a href=\"https://t.co/VM63CVJcGV\">pic.twitter.com/VM63CVJcGV</a></p>\n<p>— Ricky Williams (@Rickthelaureate) <a href=\"https://twitter.com/Rickthelaureate/status/991350539844808704?ref_src=twsrc%5Etfw\">May 1, 2018</a></p></blockquote>\n<p><script async=\"\" charset=\"utf-8\" src=\"https://platform.twitter.com/widgets.js\"><br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: nvidia-made-289-million-from-cryptocurrency-mining-in-q12018/05/12 07:23:54
davidlanzpublished a new post: nvidia-made-289-million-from-cryptocurrency-mining-in-q1
2018/05/12 07:23:54
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/nvidia-made-289-million-from-cryptocurrency-mining-in-q1/" title="Nvidia Made $289 Million from Cryptocurrency Mining in Q1"> <img alt="nvidia" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion. According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners.</p> <p>Nvidia expected to make $200 Million through cryptocurrency sales but made nearly 50% more. Though their crypto sales has outperformed their expectations, they expect it to come down in the coming months. With ethereum being the most popular cryptocurrency being mined on GPUs, Bitmain is expected to take a significant portion of chip-related market share <a href="https://www.ccn.com/ethereum-asic-miners-set-to-hit-the-market-as-bitmain-begins-taking-preorders/">when the Antminer E3 launches</a> later this year.</p> <p>In fact, <a href="https://www.ccn.com/bitmains-profits-rival-chipmaker-nvidia-analysts-say/">Bitmain reported more revenue</a> last year than Nvidia, whose product line also includes components for cloud computing and AI. Nvidia reported $3 Billion in operating profit for the year, while Bitmain made nearly $4 Billion selling ASIC miners.</p> <p>Though Nvidia might not have the revenue of Bitmain, they made more crypto hardware sales than their GPU rival AMD. AMD reported first-quarter revenue of $1.65 Billion out of which 10% was crypto sales, indicating they made only $165 Million. Like Nvidia, AMD also expects mining revenue to decline in the coming days.</p> <p>Jensen Huang, the CEO of Nvidia, explained:</p> <blockquote><p>“The reason why they bought [GPU cards] is for gaming, but while they are not gaming; while they are at school, at work, or in bed — they will turn it on and do a little mining. There’s nothing wrong with that.”</p></blockquote> <p>When the demand for consumer GPUs for cryptocurrency mining shot through the roof, Nvidia <a href="https://www.ccn.com/nvidia-prioritizes-gamers-cryptocurrency-miners-amid-card-shortages/">tried controlling the sales</a> and ultimately failed. In some markets, retailers sell these graphics cards for as much as twice their actual cost because of the demand. However, the firm appears to have finally <a href="https://www.ccn.com/nvidias-ceo-admits-crypto-is-here-to-stay/">come to terms</a> with cryptocurrencies, and the upcoming ASIC Miner from Bitmain might finally free up their supply constraints.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/nvidia-made-289-million-from-cryptocurrency-mining-in-q1/\" title=\"Nvidia Made $289 Million from Cryptocurrency Mining in Q1\">\n<img alt=\"nvidia\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion. According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners.</p>\n<p>Nvidia expected to make $200 Million through cryptocurrency sales but made nearly 50% more. Though their crypto sales has outperformed their expectations, they expect it to come down in the coming months. With ethereum being the most popular cryptocurrency being mined on GPUs, Bitmain is expected to take a significant portion of chip-related market share <a href=\"https://www.ccn.com/ethereum-asic-miners-set-to-hit-the-market-as-bitmain-begins-taking-preorders/\">when the Antminer E3 launches</a> later this year.</p>\n<p>In fact, <a href=\"https://www.ccn.com/bitmains-profits-rival-chipmaker-nvidia-analysts-say/\">Bitmain reported more revenue</a> last year than Nvidia, whose product line also includes components for cloud computing and AI. Nvidia reported $3 Billion in operating profit for the year, while Bitmain made nearly $4 Billion selling ASIC miners.</p>\n<p>Though Nvidia might not have the revenue of Bitmain, they made more crypto hardware sales than their GPU rival AMD. AMD reported first-quarter revenue of $1.65 Billion out of which 10% was crypto sales, indicating they made only $165 Million. Like Nvidia, AMD also expects mining revenue to decline in the coming days.</p>\n<p>Jensen Huang, the CEO of Nvidia, explained:</p>\n<blockquote><p>“The reason why they bought [GPU cards] is for gaming, but while they are not gaming; while they are at school, at work, or in bed — they will turn it on and do a little mining. There’s nothing wrong with that.”</p></blockquote>\n<p>When the demand for consumer GPUs for cryptocurrency mining shot through the roof, Nvidia <a href=\"https://www.ccn.com/nvidia-prioritizes-gamers-cryptocurrency-miners-amid-card-shortages/\">tried controlling the sales</a> and ultimately failed. In some markets, retailers sell these graphics cards for as much as twice their actual cost because of the demand. However, the firm appears to have finally <a href=\"https://www.ccn.com/nvidias-ceo-admits-crypto-is-here-to-stay/\">come to terms</a> with cryptocurrencies, and the upcoming ASIC Miner from Bitmain might finally free up their supply constraints.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 05:24:33
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/chinese-messaging-giant-wechat-shuts-093700413.html |
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}davidlanzpublished a new post: chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app2018/05/12 05:24:03
davidlanzpublished a new post: chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app
2018/05/12 05:24:03
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app/" title="Chinese Messaging Giant WeChat Shuts Down 3rd Party Blockchain App"> <img alt="" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><a href="https://web.wechat.com" rel="noopener" target="_blank">WeChat</a>, a popular Chinese Super App developed by Tencent which offers multiple products like messaging, social networking and payments within the same app has blocked a third party Blockchain app.</p> <p>WeChat is one of the world’s largest platform with more than 1 Billion active users worldwide. WeChat has support for ‘Mini-Programs’ where developers can create applications to run within the messaging platform. The company just suspended Xiao Xieyi, the first blockchain mini-program on the platform.</p> <p>Xiao Xieyi, which was launched on Wednesday allowed users to create encrypt and create contracts on the Ethereum Blockchain without having to leave WeChat. Tencent blocked the mini-program in just one day after it was launched.</p> <p><img alt="" class="size-medium wp-image-136726 aligncenter" data-size="628x1080" height="300" sizes="(max-width: 174px) 100vw, 174px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg 174w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-595x1024.jpg 595w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-360x619.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain.jpg 628w" width="174"/></p> <p>Xiao Xieyi was developed by Beijing based blockchain company called Niuco Box. Users would be able to create contracts on the blockchain for a flat fee of 3 RMB ($0.50)which would be used to pay the miners who write the contract on the blockchain.</p> <p>WeChat gave the following statement on Xiao Xieyi’s suspension:</p> <blockquote><p>“Xiao Xieyi has been suspended due to violation of the service. We apologize, the content of the program has been suspended due to the fact that the content is not authorized on the platform.”</p></blockquote> <p>China took a hard stance against Cryptocurrencies this year, entirely banning their trade and ICOs. However, they are extremely optimistic about Blockchain. The government is hoping to have <a href="https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/">Blockchain standards</a> in place by 2019 for products and services to make use of. Just last month, a $1.6 Billion fund was created to support local Blockchain startups with the help of the Government.</p> <p>However, the developer claims the App was not suspended because they use Blockchain, but because they encrypt the data. Wang Dengke, the founder of Niuco Box told Securities Daily, <em>“Mini-Programs are not allowed to have encryption features. We need to tweak the code to remove encryption, and if everything goes according to our plans, we should be back on WeChat within two days.”</em></p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/chinese-messaging-giant-wechat-shuts-down-3rd-party-blockchain-app/\" title=\"Chinese Messaging Giant WeChat Shuts Down 3rd Party Blockchain App\">\n<img alt=\"\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/texting-760x400.png\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><a href=\"https://web.wechat.com\" rel=\"noopener\" target=\"_blank\">WeChat</a>, a popular Chinese Super App developed by Tencent which offers multiple products like messaging, social networking and payments within the same app has blocked a third party Blockchain app.</p>\n<p>WeChat is one of the world’s largest platform with more than 1 Billion active users worldwide. WeChat has support for ‘Mini-Programs’ where developers can create applications to run within the messaging platform. The company just suspended Xiao Xieyi, the first blockchain mini-program on the platform.</p>\n<p>Xiao Xieyi, which was launched on Wednesday allowed users to create encrypt and create contracts on the Ethereum Blockchain without having to leave WeChat. Tencent blocked the mini-program in just one day after it was launched.</p>\n<p><img alt=\"\" class=\"size-medium wp-image-136726 aligncenter\" data-size=\"628x1080\" height=\"300\" sizes=\"(max-width: 174px) 100vw, 174px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-174x300.jpg 174w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-595x1024.jpg 595w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain-360x619.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/wechat-blockchain.jpg 628w\" width=\"174\"/></p>\n<p>Xiao Xieyi was developed by Beijing based blockchain company called Niuco Box. Users would be able to create contracts on the blockchain for a flat fee of 3 RMB ($0.50)which would be used to pay the miners who write the contract on the blockchain.</p>\n<p>WeChat gave the following statement on Xiao Xieyi’s suspension:</p>\n<blockquote><p>“Xiao Xieyi has been suspended due to violation of the service. We apologize, the content of the program has been suspended due to the fact that the content is not authorized on the platform.”</p></blockquote>\n<p>China took a hard stance against Cryptocurrencies this year, entirely banning their trade and ICOs. However, they are extremely optimistic about Blockchain. The government is hoping to have <a href=\"https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/\">Blockchain standards</a> in place by 2019 for products and services to make use of. Just last month, a $1.6 Billion fund was created to support local Blockchain startups with the help of the Government.</p>\n<p>However, the developer claims the App was not suspended because they use Blockchain, but because they encrypt the data. Wang Dengke, the founder of Niuco Box told Securities Daily, <em>“Mini-Programs are not allowed to have encryption features. We need to tweak the code to remove encryption, and if everything goes according to our plans, we should be back on WeChat within two days.”</em></p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 05:18:54
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/ |
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2018/05/12 05:18:09
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/" title="Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly"> <img alt="bitcoin price" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p><span style="font-weight: 400;">The cryptocurrency market has declined by more than $50 billion over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</span></p> <h2><b>Bitcoin Price at $8,500</b></h2> <p><span style="font-weight: 400;">Over the past 24 hours, the bitcoin price has dropped by more than 8 percent mainly due to two major factors: police raid into the headquarters of major South Korean exchange UPbit and the selloff of 8,000 bitcoin by the Mt. Gox trustee.</span></p> <p><a href="https://www.ccn.com/south-koreas-biggest-cryptocurrency-exchange-investigated-by-local-police-market-drops/"><span style="font-weight: 400;">As CCN reported</span></a><span style="font-weight: 400;">, the Seoul police along with the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) have initiated an investigation into South Korea’s biggest cryptocurrency exchange UPbit with allegations of fraud and illicit movement of client funds to the accounts of the exchange’s executives.</span></p> <p><span style="font-weight: 400;">The local police has yet to release its final report on the case and is expected to confirm its findings on Monday next week.</span></p> <p><span style="font-weight: 400;">“We have secured hard disks and accounting books through confiscation. Analysis is expected to take days,” the authorities said, adding that the final report on the UPbit case will be released next week,” said local financial authorities.</span></p> <p><span style="font-weight: 400;">The sell off of cryptocurrencies by South Korean traders on UPbit along with the <a href="https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/">possible sale of 8,000 bitcoins</a> by the Mt. Gox trustee led bitcoin and the rest of the cryptocurrency market to fall. </span></p> <p><span style="font-weight: 400;">The Mt. Gox trustee previously stated that it is not in its plans to sell off parts of its 200,000 bitcoin holdings until late September. But, it moved more than 8,000 bitcoins to external wallets, triggering a domino effect across major cryptocurrency exchanges.</span></p> <h2><b>Market Turns Red </b></h2> <p><span style="font-weight: 400;">The entire market has fallen on May 11, without any exception. Even tokens such as ICON (ICX), Ontology (ONT), EOS, OmiseGo (OMG), and Ziliqa (ZIL), which have recorded massive gains against both bitcoin and the US dollar over the past two weeks, have recorded large losses in the range of 5 percent to 20 percent.</span></p> <p><span style="font-weight: 400;">Gifto (GTO), STORM, Dent, Status (SNT), and other tokens which recorded 30 to 50 percent gains over the past month fell by more than 20 percent.</span></p> <p><span style="font-weight: 400;">As shown in the graphic provided by Coin360, the entire market has demonstrated significant losses over the past 24 hours.</span></p> <p><img alt="" class="aligncenter size-large wp-image-136749" data-size="1914x918" height="491" sizes="(max-width: 1024px) 100vw, 1024px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-300x144.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-768x368.png 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-640x307.png 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-360x173.png 360w" width="1024"/></p> <p><span style="font-weight: 400;">Ran Neuner, the producer of CNBC’s CryptoTrader, who has offered extensive coverage of the South Korean cryptocurrency market this week, stated that local investors believe traders on UPbit sold their cryptocurrencies on the platform with the intention of moving them to other platforms or cryptocurrency exchange. As such, investors expect the market to rebound soon.</span></p> <p>“Korea: This selling is coming from people taking their funds out of Upbit as they are concerned. These people are crypto investors and won’t leave crypto — they will go to other exchanges and buy there. expect a huge bounce,” said Ran.</p> <p>As the market did in previous Mt. Gox sell offs, the cryptocurrency market is expected to rebound swiftly especially if police reports that are expected to be released next week show that UPbit did not engage in any suspicious or criminal activity.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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| title | Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly |
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"author": "davidlanz",
"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/\" title=\"Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly\">\n<img alt=\"bitcoin price\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bitcoin-price-crash-fall-decline-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market has declined by more than $50 billion over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</span></p>\n<h2><b>Bitcoin Price at $8,500</b></h2>\n<p><span style=\"font-weight: 400;\">Over the past 24 hours, the bitcoin price has dropped by more than 8 percent mainly due to two major factors: police raid into the headquarters of major South Korean exchange UPbit and the selloff of 8,000 bitcoin by the Mt. Gox trustee.</span></p>\n<p><a href=\"https://www.ccn.com/south-koreas-biggest-cryptocurrency-exchange-investigated-by-local-police-market-drops/\"><span style=\"font-weight: 400;\">As CCN reported</span></a><span style=\"font-weight: 400;\">, the Seoul police along with the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) have initiated an investigation into South Korea’s biggest cryptocurrency exchange UPbit with allegations of fraud and illicit movement of client funds to the accounts of the exchange’s executives.</span></p>\n<p><span style=\"font-weight: 400;\">The local police has yet to release its final report on the case and is expected to confirm its findings on Monday next week.</span></p>\n<p><span style=\"font-weight: 400;\">“We have secured hard disks and accounting books through confiscation. Analysis is expected to take days,” the authorities said, adding that the final report on the UPbit case will be released next week,” said local financial authorities.</span></p>\n<p><span style=\"font-weight: 400;\">The sell off of cryptocurrencies by South Korean traders on UPbit along with the <a href=\"https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/\">possible sale of 8,000 bitcoins</a> by the Mt. Gox trustee led bitcoin and the rest of the cryptocurrency market to fall. </span></p>\n<p><span style=\"font-weight: 400;\">The Mt. Gox trustee previously stated that it is not in its plans to sell off parts of its 200,000 bitcoin holdings until late September. But, it moved more than 8,000 bitcoins to external wallets, triggering a domino effect across major cryptocurrency exchanges.</span></p>\n<h2><b>Market Turns Red </b></h2>\n<p><span style=\"font-weight: 400;\">The entire market has fallen on May 11, without any exception. Even tokens such as ICON (ICX), Ontology (ONT), EOS, OmiseGo (OMG), and Ziliqa (ZIL), which have recorded massive gains against both bitcoin and the US dollar over the past two weeks, have recorded large losses in the range of 5 percent to 20 percent.</span></p>\n<p><span style=\"font-weight: 400;\">Gifto (GTO), STORM, Dent, Status (SNT), and other tokens which recorded 30 to 50 percent gains over the past month fell by more than 20 percent.</span></p>\n<p><span style=\"font-weight: 400;\">As shown in the graphic provided by Coin360, the entire market has demonstrated significant losses over the past 24 hours.</span></p>\n<p><img alt=\"\" class=\"aligncenter size-large wp-image-136749\" data-size=\"1914x918\" height=\"491\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-1024x491.png 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-300x144.png 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-768x368.png 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-640x307.png 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/red-360x173.png 360w\" width=\"1024\"/></p>\n<p><span style=\"font-weight: 400;\">Ran Neuner, the producer of CNBC’s CryptoTrader, who has offered extensive coverage of the South Korean cryptocurrency market this week, stated that local investors believe traders on UPbit sold their cryptocurrencies on the platform with the intention of moving them to other platforms or cryptocurrency exchange. As such, investors expect the market to rebound soon.</span></p>\n<p>“Korea: This selling is coming from people taking their funds out of Upbit as they are concerned. These people are crypto investors and won’t leave crypto — they will go to other exchanges and buy there. expect a huge bounce,” said Ran.</p>\n<p>As the market did in previous Mt. Gox sell offs, the cryptocurrency market is expected to rebound swiftly especially if police reports that are expected to be released next week show that UPbit did not engage in any suspicious or criminal activity.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade2018/05/12 05:06:24
davidlanzpublished a new post: indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade
2018/05/12 05:06:24
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/Bitcoin-India-flag-1-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade/" title="Indian Exchanges pivot to Crypto-to-Crypto trading amid RBI Banking Blockade"> <img alt="" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/Bitcoin-India-flag-1-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>On April 6th, 2018, the Reserve Bank of India (RBI) <a href="https://www.ccn.com/india-bans-banks-from-processing-cryptocurrency-purchases/">announced</a> that within three months entities registered with them should stop dealing with cryptocurrencies or companies that deal with cryptocurrencies.</p> <p>This includes banks, mobile wallets, and domestic payment gateways. It was the first time the any government entity announced a rule that would affect cryptocurrency trading in India. There was no ban on trading Cryptocurrencies. Instead, not letting banks provide their services to exchanges heavily handicaps them because they will no longer be able to process fiat payments.</p> <p>To prevent a complete shutdown of trading, Cryptocurrency exchanges have been rampantly adding crypto-to-crypto trading pairs which never existed a few months ago.</p> <p>Just last week, <a href="http://www.zebpay.com" rel="noopener" target="_blank">Zebpay</a>, India’s largest Cryptocurrency exchange announced six new crypto-to-crypto trading pairs. These include Ethereum, Bitcoin cash, and Ripple against BTC. Another popular exchange, <a href="http://www.unocoin.com" rel="noopener" target="_blank">Unocoin</a> announced a new app where users would be able to trade popular cryptocurrencies against other cryptocurrencies.</p> <p>Speaking with the <a href="https://economictimes.indiatimes.com/markets/stocks/news/rbi-curbs-bring-about-crypto-to-crypto-trade/articleshow/64106156.cms" rel="noopener" target="_blank">Economic Times</a>, Ajeet Khurana, the CEO of Zebpay said <em>“Even if there was no RBI circular, the crypto to crypto product would have happened. However, because of the circular and the fact that fiats may no longer be in the picture, it definitely did hurry up and encourage the solution sooner.”</em></p> <p>It is estimated that India has over 5 Million active traders and this is only set to increase. As the government clamps down fiat trades, traders have moved to over the counter solutions like <a href="https://localbitcoins.com" rel="noopener" target="_blank">LocalBitcoin</a>. Though India has a large number of traders, it makes up less than 1% of daily volume.</p> <p>Both traders and exchanges are not happy with RBI’s decision. Four different exchanges (Coindelta, Koinex, ThroughBit, and CoinDCX) have<a href="https://www.ccn.com/four-crypto-exchanges-combat-indian-central-banks-bitcoin-blockade-in-supreme-court/"> moved to the Supreme Court</a> against the RBI. Another exchange, CoinRecoil has moved to the Delhi High Court, <a href="https://www.ccn.com/delhi-high-court-issues-notice-to-rbi-union-of-india-and-gst-council-in-coinrecoils-petition/">accusing RBI</a> of violating the Constitution through the ban. The court has admitted this case and a notice has been issued to the RBI for a hearing on May 24th, 2018.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/Bitcoin-India-flag-1-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/indian-exchanges-pivot-to-crypto-to-crypto-trading-amid-rbi-banking-blockade/\" title=\"Indian Exchanges pivot to Crypto-to-Crypto trading amid RBI Banking Blockade\">\n<img alt=\"\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/12/Bitcoin-India-flag-1-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>On April 6th, 2018, the Reserve Bank of India (RBI) <a href=\"https://www.ccn.com/india-bans-banks-from-processing-cryptocurrency-purchases/\">announced</a> that within three months entities registered with them should stop dealing with cryptocurrencies or companies that deal with cryptocurrencies.</p>\n<p>This includes banks, mobile wallets, and domestic payment gateways. It was the first time the any government entity announced a rule that would affect cryptocurrency trading in India. There was no ban on trading Cryptocurrencies. Instead, not letting banks provide their services to exchanges heavily handicaps them because they will no longer be able to process fiat payments.</p>\n<p>To prevent a complete shutdown of trading, Cryptocurrency exchanges have been rampantly adding crypto-to-crypto trading pairs which never existed a few months ago.</p>\n<p>Just last week, <a href=\"http://www.zebpay.com\" rel=\"noopener\" target=\"_blank\">Zebpay</a>, India’s largest Cryptocurrency exchange announced six new crypto-to-crypto trading pairs. These include Ethereum, Bitcoin cash, and Ripple against BTC. Another popular exchange, <a href=\"http://www.unocoin.com\" rel=\"noopener\" target=\"_blank\">Unocoin</a> announced a new app where users would be able to trade popular cryptocurrencies against other cryptocurrencies.</p>\n<p>Speaking with the <a href=\"https://economictimes.indiatimes.com/markets/stocks/news/rbi-curbs-bring-about-crypto-to-crypto-trade/articleshow/64106156.cms\" rel=\"noopener\" target=\"_blank\">Economic Times</a>, Ajeet Khurana, the CEO of Zebpay said <em>“Even if there was no RBI circular, the crypto to crypto product would have happened. However, because of the circular and the fact that fiats may no longer be in the picture, it definitely did hurry up and encourage the solution sooner.”</em></p>\n<p>It is estimated that India has over 5 Million active traders and this is only set to increase. As the government clamps down fiat trades, traders have moved to over the counter solutions like <a href=\"https://localbitcoins.com\" rel=\"noopener\" target=\"_blank\">LocalBitcoin</a>. Though India has a large number of traders, it makes up less than 1% of daily volume.</p>\n<p>Both traders and exchanges are not happy with RBI’s decision. Four different exchanges (Coindelta, Koinex, ThroughBit, and CoinDCX) have<a href=\"https://www.ccn.com/four-crypto-exchanges-combat-indian-central-banks-bitcoin-blockade-in-supreme-court/\"> moved to the Supreme Court</a> against the RBI. Another exchange, CoinRecoil has moved to the Delhi High Court, <a href=\"https://www.ccn.com/delhi-high-court-issues-notice-to-rbi-union-of-india-and-gst-council-in-coinrecoils-petition/\">accusing RBI</a> of violating the Constitution through the ban. The court has admitted this case and a notice has been issued to the RBI for a hearing on May 24th, 2018.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}2018/05/12 04:42:36
2018/05/12 04:42:36
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/ethereum-futures-launch-regulated-uk-131504983.html |
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}davidlanzpublished a new post: ethereum-futures-launch-on-regulated-uk-trading-platform2018/05/12 04:42:00
davidlanzpublished a new post: ethereum-futures-launch-on-regulated-uk-trading-platform
2018/05/12 04:42:00
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/ethereum-futures-launch-on-regulated-uk-trading-platform/" title="Ethereum Futures Launch on Regulated UK Trading Platform"> <img alt="ethereum futures" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>The world’s first regulated ethereum futures will soon begin trading on UK cryptocurrency trading platform Crypto Facilities.</p> <p>The London-based firm — which is regulated by the Financial Conduct Authority (FCA) — on Friday announced that it will list an <a href="https://www.ccn.com/cboe-completes-upgrade-other-crypto-futures-coming/">ethereum futures</a> contract, providing institutional investors with the ability to go long or short on the price of ether without the regulatory and custodial risks associated with trading the underlying asset. The contracts will begin trading at 4 pm UK time.</p> <p>Crypto Facilities chief executive Timo Schlaefer said in a statement that he believes the presence of regulated futures will bring more liquidity to ethereum, which is already the world’s second largest cryptocurrency by market cap.</p> <p>He said:</p> <blockquote><p>“Ether is the second most liquid cryptocurrency after Bitcoin, trading in the billions of dollars daily, and we are excited to be launching ETH futures. The Ethereum network is the pre-eminent blockchain for smart contracts, and we believe this new trading instrument will attract more investors and bring greater liquidity to the marketplace.”</p></blockquote> <p>Chicago-based trading firm Akuna Capital and London-based market maker B2C2 will provide liquidity for the ethereum futures product.</p> <p>Toby Allen, head of digital assets at Akuna, said that the firm is “looking forward to seeing this much-needed product fill a gap in the market. The addition of a futures product enables crypto traders to take both long and short positions in ETH and is another giant leap in the development of the crypto asset class.”</p> <p>Crypto Facilities already offers <a href="https://www.ccn.com/ripples-xrp-futures-gets-listed-derivatives-exchange/">futures trading</a> for bitcoin and Ripple’s XRP token, and its trading data is included in CME Group’s Bitcoin Reference Rate (BRR), which is used to calculate the pricing of the Chicago-based exchange’s <a href="https://www.ccn.com/cme-bitcoin-futures-exchange-is-officially-live-inflow-of-10-billion-expected/">bitcoin futures</a> product.</p> <p>Last week, researchers at the Federal Reserve released a report arguing that the launch of bitcoin futures on CME triggered a widespread cryptocurrency market decline because it provided bears with the opportunity to easily take up short positions on the nascent asset. However, most analysts believe that the presence of these financial products is likely bullish for the asset class over the long term.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/ethereum-futures-launch-on-regulated-uk-trading-platform/\" title=\"Ethereum Futures Launch on Regulated UK Trading Platform\">\n<img alt=\"ethereum futures\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-futures-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>The world’s first regulated ethereum futures will soon begin trading on UK cryptocurrency trading platform Crypto Facilities.</p>\n<p>The London-based firm — which is regulated by the Financial Conduct Authority (FCA) — on Friday announced that it will list an <a href=\"https://www.ccn.com/cboe-completes-upgrade-other-crypto-futures-coming/\">ethereum futures</a> contract, providing institutional investors with the ability to go long or short on the price of ether without the regulatory and custodial risks associated with trading the underlying asset. The contracts will begin trading at 4 pm UK time.</p>\n<p>Crypto Facilities chief executive Timo Schlaefer said in a statement that he believes the presence of regulated futures will bring more liquidity to ethereum, which is already the world’s second largest cryptocurrency by market cap.</p>\n<p>He said:</p>\n<blockquote><p>“Ether is the second most liquid cryptocurrency after Bitcoin, trading in the billions of dollars daily, and we are excited to be launching ETH futures. The Ethereum network is the pre-eminent blockchain for smart contracts, and we believe this new trading instrument will attract more investors and bring greater liquidity to the marketplace.”</p></blockquote>\n<p>Chicago-based trading firm Akuna Capital and London-based market maker B2C2 will provide liquidity for the ethereum futures product.</p>\n<p>Toby Allen, head of digital assets at Akuna, said that the firm is “looking forward to seeing this much-needed product fill a gap in the market. The addition of a futures product enables crypto traders to take both long and short positions in ETH and is another giant leap in the development of the crypto asset class.”</p>\n<p>Crypto Facilities already offers <a href=\"https://www.ccn.com/ripples-xrp-futures-gets-listed-derivatives-exchange/\">futures trading</a> for bitcoin and Ripple’s XRP token, and its trading data is included in CME Group’s Bitcoin Reference Rate (BRR), which is used to calculate the pricing of the Chicago-based exchange’s <a href=\"https://www.ccn.com/cme-bitcoin-futures-exchange-is-officially-live-inflow-of-10-billion-expected/\">bitcoin futures</a> product.</p>\n<p>Last week, researchers at the Federal Reserve released a report arguing that the launch of bitcoin futures on CME triggered a widespread cryptocurrency market decline because it provided bears with the opportunity to easily take up short positions on the nascent asset. However, most analysts believe that the presence of these financial products is likely bullish for the asset class over the long term.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 04:37:18
| author | thelonelypost |
| body | That sounds like a great idea. I hope others do the same. Or at least follow the progress of this association. Some standards are much needed. And it's great that it's self governed. There is a bit of risk that they work in their self interest. But we have to start somewhere. |
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2018/05/12 04:29:33
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/facebook-may-issue-own-cryptocurrency-152202238.html |
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cheetahupvoted (0.08%) @davidlanz / facebook-may-issue-its-own-cryptocurrency-report
2018/05/12 04:29:30
| author | davidlanz |
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davidlanzpublished a new post: facebook-may-issue-its-own-cryptocurrency-report
2018/05/12 04:29:18
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/facebook-cryptocurrency-bitcoin-blockchain-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/facebook-may-issue-its-own-cryptocurrency-report/" title="Facebook May Issue Its Own Cryptocurrency: Report"> <img alt="facebook cryptocurrency" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/facebook-cryptocurrency-bitcoin-blockchain-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Social media giant Facebook is exploring the benefits of releasing its own cryptocurrency, financial news outlet Cheddar reported on Friday.</p> <p>Citing anonymous sources familiar with the matter, senior reporter Alex Heath said that the company — whose $533 billion market cap is a $140 billion larger than the current <a href="http://ccn.com/marketcap">cryptocurrency market cap</a> — is holding serious, high-level discussions about directing the focus of its blockchain research team toward releasing its own cryptocurrency.</p> <p>Heath said:</p> <blockquote><p>“Sources say that Facebook is specifically interested in creating its own digital token, which would allow its more than two billion users to facilitate transactions without government-backed currency. Facebook is also looking at other ways that it could use this core blockchain technology that underpins these popular cryptocurrencies like bitcoin and ethereum.”</p></blockquote> <p>He added that the company is also evaluating how it can use blockchain technology to improve identity verification and secure its backend infrastructure — perhaps even including how it manages customer data.</p> <p>As CCN <a href="https://www.ccn.com/facebook-taps-coinbase-board-member-to-lead-blockchain-initiative/">reported</a>, Facebook announced last week that it had created a new team dedicated to researching blockchain technology. That team is led by Facebook executive David Marcus, who is also a sitting member of the <a href="http://ccn.com/tag/coinbase">Coinbase</a> board of directors.</p> <blockquote class="twitter-tweet" data-dnt="true" data-width="500"> <p dir="ltr" lang="en">SCOOP: Facebook is exploring the creation of its own cryptocurrency to facilitate digital payments for its two billion users.</p> <p>Cheddar senior reporter <a href="https://twitter.com/alexeheath?ref_src=twsrc%5Etfw">@alexeheath</a> has all the details.<a href="https://twitter.com/hashtag/CheddarScoops?src=hash&ref_src=twsrc%5Etfw">#CheddarScoops</a> <a href="https://twitter.com/hashtag/CheddarLIVE?src=hash&ref_src=twsrc%5Etfw">#CheddarLIVE</a> <a href="https://t.co/Zt8MC3MD6P">pic.twitter.com/Zt8MC3MD6P</a></p> <p>— Cheddar (@cheddar) <a href="https://twitter.com/cheddar/status/994950539430445056?ref_src=twsrc%5Etfw">May 11, 2018</a></p></blockquote> <p><script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"><br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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2018/05/12 04:23:45
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/bitcoin-troubling-payment-system-bank-160500950.html |
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2018/05/12 04:23:33
| author | davidlanz |
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davidlanzpublished a new post: bitcoin-a-8216troubling8217-payment-system-bank-of-america-executive
2018/05/12 04:23:15
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-bitcoin-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/bitcoin-a-troubling-payment-system-bank-of-america-executive/" title="Bitcoin a ‘Troubling’ Payment System: Bank of America Executive"> <img alt="bank of america" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-bitcoin-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Bank of America remains hawkish toward cryptocurrency as a form of payment, due to its disruption of the banking sector’s regulations on transparency. Cryptocurrencies present authorities with more challenges for catching “bad guys,” a company executive said Thursday.</p> <p>Cathy Bessant, <a href="https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/">Bank of America</a>‘s chief technical officer, set the tone for what she sees as two distinct uses for cryptocurrency: payments and investing. As a form of payment, cryptocurrency is dangerous because it is not in line with banking’s policies for tracking payments.</p> <p>“The way we sort of quote-unquote catch bad guys is by being transparent in the financial [movement] of money,” she said, speaking from CNBC’s <a href="https://www.cnbc.com/2018/05/10/bitcoin-as-a-payment-system-is-troubling-bofa-tech-officer-says.html">Capital Exchange</a> breakfast series in Washington, D.C. “Cryptos is the antithesis of that.”</p> <p>She added:</p> <blockquote><p>“As a payment system, I think it’s troubling, because the foundation of the banking system is on the transparency between the sender and the receiver, and cryptocurrency is designed to be nothing of the sort. In fact [it’s] designed to be not transparent.”</p></blockquote> <p>Casting cryptocurrency in a good guy vs. bad guy narrative is a common theme for traditional banks and investment funds. Executives undervalue key pain points that cryptocurrencies attempt to resolve in the financial sector (such as slow payment settlement and transaction fees), while sounding alarm bells for criminal activity. As CCN <a href="https://www.ccn.com/bitcoin-nearly-as-bad-as-trading-harvested-baby-brains-berkshire-vc-munger/">reported</a>, Berkshire Hathaway VC Charlie Munger said Bitcoin was almost as “bad as trading baby brains.”</p> <figure class="wp-caption aligncenter" id="attachment_136747" style="width: 750px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin.jpg" title="Bitcoin a 'Troubling' Payment System: Bank of America Executive"><img alt="bank of america" class="wp-image-136747" data-size="1000x667" height="500" sizes="(max-width: 750px) 100vw, 750px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-360x240.jpg 360w" width="750"/></a><figcaption class="wp-caption-text">Like many large institutions, Bank of America has instituted a policy that bars customers from using its credit cards to buy bitcoin and other cryptocurrencies.</figcaption></figure> <p>Though Bessant does not see legitimate use cases for crypto as a form of payment, customers can still invest in cryptocurrencies such as bitcoin — just not with Bank of America-issued credit cards. BofA views cryptocurrencies loosely as stocks. Their customer policies thus reflect this line of thinking.</p> <p>“Just like we don’t allow stocks to be purchased on our credit cards, we’re not going to allow cryptos or other currencies to be purchased on our credit cards,” Bessant said.</p> <p>So while some banks classify concurrency payments with credit cards as cash advances (with high fees), BofA <a href="https://www.ccn.com/jpmorgan-bank-america-say-no-crypto-transactions-credit-cards/">doesn’t allow them</a> at all.</p> <p>As regulations for cryptocurrency are still in early stages, BofA stands out as a financial giant with a tough stance on the debate. To BofA it seems that the cryptocurrency space is full of hackers and modern day Robin Hoods. However, the bank is making improvements towards security every day, according to Bessant.</p> <p>“Awareness is higher, the sophistication of our defense and detection efforts are growing every day. There are more players in the mix with a lot of expertise, and the threat environment is beginning to show patterns that make prediction and even automated prediction something we can do every day. So I do believe we’re in a better place,” Bessant said.</p> <p><em>Images from Shutterstock</em></p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-bitcoin-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/bitcoin-a-troubling-payment-system-bank-of-america-executive/\" title=\"Bitcoin a ‘Troubling’ Payment System: Bank of America Executive\">\n<img alt=\"bank of america\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-bitcoin-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Bank of America remains hawkish toward cryptocurrency as a form of payment, due to its disruption of the banking sector’s regulations on transparency. Cryptocurrencies present authorities with more challenges for catching “bad guys,” a company executive said Thursday.</p>\n<p>Cathy Bessant, <a href=\"https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/\">Bank of America</a>‘s chief technical officer, set the tone for what she sees as two distinct uses for cryptocurrency: payments and investing. As a form of payment, cryptocurrency is dangerous because it is not in line with banking’s policies for tracking payments.</p>\n<p>“The way we sort of quote-unquote catch bad guys is by being transparent in the financial [movement] of money,” she said, speaking from CNBC’s <a href=\"https://www.cnbc.com/2018/05/10/bitcoin-as-a-payment-system-is-troubling-bofa-tech-officer-says.html\">Capital Exchange</a> breakfast series in Washington, D.C. “Cryptos is the antithesis of that.”</p>\n<p>She added:</p>\n<blockquote><p>“As a payment system, I think it’s troubling, because the foundation of the banking system is on the transparency between the sender and the receiver, and cryptocurrency is designed to be nothing of the sort. In fact [it’s] designed to be not transparent.”</p></blockquote>\n<p>Casting cryptocurrency in a good guy vs. bad guy narrative is a common theme for traditional banks and investment funds. Executives undervalue key pain points that cryptocurrencies attempt to resolve in the financial sector (such as slow payment settlement and transaction fees), while sounding alarm bells for criminal activity. As CCN <a href=\"https://www.ccn.com/bitcoin-nearly-as-bad-as-trading-harvested-baby-brains-berkshire-vc-munger/\">reported</a>, Berkshire Hathaway VC Charlie Munger said Bitcoin was almost as “bad as trading baby brains.”</p>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_136747\" style=\"width: 750px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin.jpg\" title=\"Bitcoin a 'Troubling' Payment System: Bank of America Executive\"><img alt=\"bank of america\" class=\"wp-image-136747\" data-size=\"1000x667\" height=\"500\" sizes=\"(max-width: 750px) 100vw, 750px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/bank-of-america-credit-card-bitcoin-360x240.jpg 360w\" width=\"750\"/></a><figcaption class=\"wp-caption-text\">Like many large institutions, Bank of America has instituted a policy that bars customers from using its credit cards to buy bitcoin and other cryptocurrencies.</figcaption></figure>\n<p>Though Bessant does not see legitimate use cases for crypto as a form of payment, customers can still invest in cryptocurrencies such as bitcoin — just not with Bank of America-issued credit cards. BofA views cryptocurrencies loosely as stocks. Their customer policies thus reflect this line of thinking.</p>\n<p>“Just like we don’t allow stocks to be purchased on our credit cards, we’re not going to allow cryptos or other currencies to be purchased on our credit cards,” Bessant said.</p>\n<p>So while some banks classify concurrency payments with credit cards as cash advances (with high fees), BofA <a href=\"https://www.ccn.com/jpmorgan-bank-america-say-no-crypto-transactions-credit-cards/\">doesn’t allow them</a> at all.</p>\n<p>As regulations for cryptocurrency are still in early stages, BofA stands out as a financial giant with a tough stance on the debate. To BofA it seems that the cryptocurrency space is full of hackers and modern day Robin Hoods. However, the bank is making improvements towards security every day, according to Bessant.</p>\n<p>“Awareness is higher, the sophistication of our defense and detection efforts are growing every day. There are more players in the mix with a lot of expertise, and the threat environment is beginning to show patterns that make prediction and even automated prediction something we can do every day. So I do believe we’re in a better place,” Bessant said.</p>\n<p><em>Images from Shutterstock</em></p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 04:05:45
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://www.cryptobudha.com/2018/05/11/flippening-between-bitcoin-ethereum-will-happen-in-2018-roger-ver/ |
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2018/05/12 04:05:42
| author | davidlanz |
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}davidlanzpublished a new post: 8216flippening8217-between-bitcoin-038-ethereum-will-happen-in-2018-roger-ver2018/05/12 04:05:30
davidlanzpublished a new post: 8216flippening8217-between-bitcoin-038-ethereum-will-happen-in-2018-roger-ver
2018/05/12 04:05:30
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/flippening-between-bitcoin-ethereum-will-happen-in-2018-roger-ver/" title="‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver"> <img alt="flippening" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Bitcoin cash promoter Roger Ver believes BCH will one day overtake BTC to become the world’s most valuable cryptocurrency. But before that happens, he believes ethereum will take bitcoin’s crypto-crown.</p> <p>Ver, once known as “Bitcoin Jesus,” told <a href="https://www.independent.co.uk/life-style/gadgets-and-tech/news/ethereum-price-latest-updates-bitcoin-cash-roger-ver-crytocurrency-flippening-a8345166.html">The Independent</a> that so-called technologically superior cryptocurrencies like ethereum and bitcoin cash will surpass bitcoin in value in the coming months and years. Ver sees ethereum surpassing bitcoin by year’s end and bitcoin cash by 2020.</p> <p>Analysts refer to this supposed development as “<a href="https://www.ccn.com/no-flippening-ethereum-price-recovers-correction/">The Flippening</a>.”</p> <p>Ver pointed to slow transaction times and high fees undermining bitcoin. He noted that more than 1,500 cryptocurrencies have entered the market since bitcoin’s 2009 inception in attempts to overcome bitcoin’s “limitations.”</p> <p>Bitcoin’s rise in value in the last year has carried other cryptocurrencies, with Ethereum and Bitcoin Cash outpacing bitcoin.</p> <h2>ETH And BCH Outpace Bitcoin</h2> <figure class="wp-caption aligncenter" id="attachment_93316" style="width: 1024px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg" title="'Flippening' Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver"><img alt="roger ver" class="wp-image-93316 size-large" data-size="1265x621" height="503" sizes="(max-width: 1024px) 100vw, 1024px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-300x147.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-768x377.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-640x314.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-360x177.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg 1265w" width="1024"/></a><figcaption class="wp-caption-text">Rogver Ver was once known as “Bitcoin Jesus.” Now, he has thrown his weight behind bitcoin cash, which he believes better represents Satoshi Nakamoto’s vision for cryptocurrency. | Source: YouTube</figcaption></figure> <p>Bitcoin’s price has jumped 450% from $1,700 to $9,360 in the past 12 months, while Ethereum has gained 1,000% (to $764) and Bitcoin Cash moved from $500 in August to $1,655.</p> <p>Ethereum has five times as many units in circulation as bitcoin, making its market cap slightly less than half of bitcoin’s.</p> <p>Ver stated in January that <a href="https://www.ccn.com/bitcoin-cash-will-surpass-bitcoin-formula-says-roger-ver/">BCH will continue in its steady growth and surpass BTC</a> in the near future.</p> <p>“BCH is the same version of bitcoin that everyone fell in love with and used from 2009 until 2017,” he said. “It has the same economic code that led to it becoming a worldwide phenomenon. I’m sure that formula will continue to work for BCH into the future, and it will surpass BTC in usage, popularity, and market cap in the near future.”</p> <h2>Uncertainties Remain</h2> <p>Not all cryptocurrency experts agree with Ver.</p> <p>Michael Jackson, Skype’s former COO now working at Mangrove Capital Partners, said bitcoin can overcome its shortcomings and thereby offset other cryptocurrencies’ benefits.</p> <p>Jackson said solutions are being sought for bitcoin’s scalability issues. He further noted that bitcoin is by far the best-known cryptocurrency and the reserve cryptocurrency.</p> <p>Ver acknowledged that bitcoin could remain the top cryptocurrency, but he doesn’t think it is likely. He said bitcoin cash’s utility could drive its price to hundreds of thousands of dollars.</p> <p>While this is not guaranteed, bitcoin cash has more than doubled in the past month, and the interest of big investors could cause its value to double by next week, Ver said.</p> <p>In the short term, though, the entire market has suffered a setback, with both ethereum and bitcion cash taking bigger hits than bitcoin.</p> <p>The cryptocurrency market has <a href="https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/">declined by more than $50 billion</a> over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</p> <p>Where bitcoin fell 8.68%, ethereum lost 11.96% and bitcoin cash dropped 17.07%, according to CCN’s <a href="http://ccn.com/marketcap">cryptocurrency market cap</a> index.</p> <p> </p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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| title | ‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver |
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"author": "davidlanz",
"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/flippening-between-bitcoin-ethereum-will-happen-in-2018-roger-ver/\" title=\"‘Flippening’ Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver\">\n<img alt=\"flippening\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/ethereum-flippening-bitcoin-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Bitcoin cash promoter Roger Ver believes BCH will one day overtake BTC to become the world’s most valuable cryptocurrency. But before that happens, he believes ethereum will take bitcoin’s crypto-crown.</p>\n<p>Ver, once known as “Bitcoin Jesus,” told <a href=\"https://www.independent.co.uk/life-style/gadgets-and-tech/news/ethereum-price-latest-updates-bitcoin-cash-roger-ver-crytocurrency-flippening-a8345166.html\">The Independent</a> that so-called technologically superior cryptocurrencies like ethereum and bitcoin cash will surpass bitcoin in value in the coming months and years. Ver sees ethereum surpassing bitcoin by year’s end and bitcoin cash by 2020.</p>\n<p>Analysts refer to this supposed development as “<a href=\"https://www.ccn.com/no-flippening-ethereum-price-recovers-correction/\">The Flippening</a>.”</p>\n<p>Ver pointed to slow transaction times and high fees undermining bitcoin. He noted that more than 1,500 cryptocurrencies have entered the market since bitcoin’s 2009 inception in attempts to overcome bitcoin’s “limitations.”</p>\n<p>Bitcoin’s rise in value in the last year has carried other cryptocurrencies, with Ethereum and Bitcoin Cash outpacing bitcoin.</p>\n<h2>ETH And BCH Outpace Bitcoin</h2>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_93316\" style=\"width: 1024px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg\" title=\"'Flippening' Between Bitcoin & Ethereum Will Happen in 2018: Roger Ver\"><img alt=\"roger ver\" class=\"wp-image-93316 size-large\" data-size=\"1265x621\" height=\"503\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-1024x503.jpg 1024w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-300x147.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-768x377.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-640x314.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver-360x177.jpg 360w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/10/Roger-Ver.jpg 1265w\" width=\"1024\"/></a><figcaption class=\"wp-caption-text\">Rogver Ver was once known as “Bitcoin Jesus.” Now, he has thrown his weight behind bitcoin cash, which he believes better represents Satoshi Nakamoto’s vision for cryptocurrency. | Source: YouTube</figcaption></figure>\n<p>Bitcoin’s price has jumped 450% from $1,700 to $9,360 in the past 12 months, while Ethereum has gained 1,000% (to $764) and Bitcoin Cash moved from $500 in August to $1,655.</p>\n<p>Ethereum has five times as many units in circulation as bitcoin, making its market cap slightly less than half of bitcoin’s.</p>\n<p>Ver stated in January that <a href=\"https://www.ccn.com/bitcoin-cash-will-surpass-bitcoin-formula-says-roger-ver/\">BCH will continue in its steady growth and surpass BTC</a> in the near future.</p>\n<p>“BCH is the same version of bitcoin that everyone fell in love with and used from 2009 until 2017,” he said. “It has the same economic code that led to it becoming a worldwide phenomenon. I’m sure that formula will continue to work for BCH into the future, and it will surpass BTC in usage, popularity, and market cap in the near future.”</p>\n<h2>Uncertainties Remain</h2>\n<p>Not all cryptocurrency experts agree with Ver.</p>\n<p>Michael Jackson, Skype’s former COO now working at Mangrove Capital Partners, said bitcoin can overcome its shortcomings and thereby offset other cryptocurrencies’ benefits.</p>\n<p>Jackson said solutions are being sought for bitcoin’s scalability issues. He further noted that bitcoin is by far the best-known cryptocurrency and the reserve cryptocurrency.</p>\n<p>Ver acknowledged that bitcoin could remain the top cryptocurrency, but he doesn’t think it is likely. He said bitcoin cash’s utility could drive its price to hundreds of thousands of dollars.</p>\n<p>While this is not guaranteed, bitcoin cash has more than doubled in the past month, and the interest of big investors could cause its value to double by next week, Ver said.</p>\n<p>In the short term, though, the entire market has suffered a setback, with both ethereum and bitcion cash taking bigger hits than bitcoin.</p>\n<p>The cryptocurrency market has <a href=\"https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/\">declined by more than $50 billion</a> over the past 24 hours, as the bitcoin price declined by more than 8 percent and other major cryptocurrencies along with tokens experienced an intensified movement on the downside.</p>\n<p>Where bitcoin fell 8.68%, ethereum lost 11.96% and bitcoin cash dropped 17.07%, according to CCN’s <a href=\"http://ccn.com/marketcap\">cryptocurrency market cap</a> index.</p>\n<p> </p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 03:53:48
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://finance.yahoo.com/news/nvidia-made-289-million-cryptocurrency-211458635.html |
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}cheetahupvoted (0.08%) @davidlanz / nvidia-made-289-million-from-cryptocurrency-mining-in-q12018/05/12 03:53:45
cheetahupvoted (0.08%) @davidlanz / nvidia-made-289-million-from-cryptocurrency-mining-in-q1
2018/05/12 03:53:45
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}davidlanzpublished a new post: nvidia-made-289-million-from-cryptocurrency-mining-in-q12018/05/12 03:53:33
davidlanzpublished a new post: nvidia-made-289-million-from-cryptocurrency-mining-in-q1
2018/05/12 03:53:33
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/nvidia-made-289-million-from-cryptocurrency-mining-in-q1/" title="Nvidia Made $289 Million from Cryptocurrency Mining in Q1"> <img alt="nvidia" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion. According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners.</p> <p>Nvidia expected to make $200 Million through cryptocurrency sales but made nearly 50% more. Though their crypto sales has outperformed their expectations, they expect it to come down in the coming months. With ethereum being the most popular cryptocurrency being mined on GPUs, Bitmain is expected to take a significant portion of chip-related market share <a href="https://www.ccn.com/ethereum-asic-miners-set-to-hit-the-market-as-bitmain-begins-taking-preorders/">when the Antminer E3 launches</a> later this year.</p> <p>In fact, <a href="https://www.ccn.com/bitmains-profits-rival-chipmaker-nvidia-analysts-say/">Bitmain reported more revenue</a> last year than Nvidia, whose product line also includes components for cloud computing and AI. Nvidia reported $3 Billion in operating profit for the year, while Bitmain made nearly $4 Billion selling ASIC miners.</p> <p>Though Nvidia might not have the revenue of Bitmain, they made more crypto hardware sales than their GPU rival AMD. AMD reported first-quarter revenue of $1.65 Billion out of which 10% was crypto sales, indicating they made only $165 Million. Like Nvidia, AMD also expects mining revenue to decline in the coming days.</p> <p>Jensen Huang, the CEO of Nvidia, explained:</p> <blockquote><p>“The reason why they bought [GPU cards] is for gaming, but while they are not gaming; while they are at school, at work, or in bed — they will turn it on and do a little mining. There’s nothing wrong with that.”</p></blockquote> <p>When the demand for consumer GPUs for cryptocurrency mining shot through the roof, Nvidia <a href="https://www.ccn.com/nvidia-prioritizes-gamers-cryptocurrency-miners-amid-card-shortages/">tried controlling the sales</a> and ultimately failed. In some markets, retailers sell these graphics cards for as much as twice their actual cost because of the demand. However, the firm appears to have finally <a href="https://www.ccn.com/nvidias-ceo-admits-crypto-is-here-to-stay/">come to terms</a> with cryptocurrencies, and the upcoming ASIC Miner from Bitmain might finally free up their supply constraints.</p> <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/nvidia-made-289-million-from-cryptocurrency-mining-in-q1/\" title=\"Nvidia Made $289 Million from Cryptocurrency Mining in Q1\">\n<img alt=\"nvidia\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/05/nvidia-gpu-cryptocurrency-ethereum-mining-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion. According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners.</p>\n<p>Nvidia expected to make $200 Million through cryptocurrency sales but made nearly 50% more. Though their crypto sales has outperformed their expectations, they expect it to come down in the coming months. With ethereum being the most popular cryptocurrency being mined on GPUs, Bitmain is expected to take a significant portion of chip-related market share <a href=\"https://www.ccn.com/ethereum-asic-miners-set-to-hit-the-market-as-bitmain-begins-taking-preorders/\">when the Antminer E3 launches</a> later this year.</p>\n<p>In fact, <a href=\"https://www.ccn.com/bitmains-profits-rival-chipmaker-nvidia-analysts-say/\">Bitmain reported more revenue</a> last year than Nvidia, whose product line also includes components for cloud computing and AI. Nvidia reported $3 Billion in operating profit for the year, while Bitmain made nearly $4 Billion selling ASIC miners.</p>\n<p>Though Nvidia might not have the revenue of Bitmain, they made more crypto hardware sales than their GPU rival AMD. AMD reported first-quarter revenue of $1.65 Billion out of which 10% was crypto sales, indicating they made only $165 Million. Like Nvidia, AMD also expects mining revenue to decline in the coming days.</p>\n<p>Jensen Huang, the CEO of Nvidia, explained:</p>\n<blockquote><p>“The reason why they bought [GPU cards] is for gaming, but while they are not gaming; while they are at school, at work, or in bed — they will turn it on and do a little mining. There’s nothing wrong with that.”</p></blockquote>\n<p>When the demand for consumer GPUs for cryptocurrency mining shot through the roof, Nvidia <a href=\"https://www.ccn.com/nvidia-prioritizes-gamers-cryptocurrency-miners-amid-card-shortages/\">tried controlling the sales</a> and ultimately failed. In some markets, retailers sell these graphics cards for as much as twice their actual cost because of the demand. However, the firm appears to have finally <a href=\"https://www.ccn.com/nvidias-ceo-admits-crypto-is-here-to-stay/\">come to terms</a> with cryptocurrencies, and the upcoming ASIC Miner from Bitmain might finally free up their supply constraints.</p>\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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}davidlanzpublished a new post: chinese-researchers-create-index-to-rank-blockchain-projects2018/05/12 03:34:09
davidlanzpublished a new post: chinese-researchers-create-index-to-rank-blockchain-projects
2018/05/12 03:34:09
| author | davidlanz |
| body | <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg"></p><div class="entry-content"> <div class="post-thumbnail"> <a href="https://www.ccn.com/chinese-researchers-create-index-to-rank-blockchain-projects/" title="Chinese Researchers Create Index to Rank Blockchain Projects"> <img alt="china" class="attachment-large-thumb size-large-thumb wp-post-image" height="400" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg" width="760"/> </a> </div> <div class="content-ads"> <div class="widget text-12 widget_text"><h6 class="widget-title font-weight-bold">Advertisement</h6> <div class="textwidget"><p></p> <div id="div-gpt-ad-1524167859587-0" style="height: 90px; width: 728px;"> </div> </div> </div> </div> <em><a href="https://hacked.com/continue-reading">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/> <p>At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) <a href="http://www.ccidgroup.com/gzdt/11333.htm">announced</a> its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological merit.</p> <p>The CCID is part of the Ministry of Industry and Information Technology, a state agency of the People’s Republic of China. It is responsible for the regulation and development of technology in the region, as well as the development of the knowledge economy within government.</p> <p>The intention is to provide a list of projects that researchers can evaluate as they seek to build out their own blockchain applications.</p> <p>The 28 cryptocurrencies in the inaugural index are: Ark, Bitcoin, Bitcoin Cash, BitShares, ByteCoin, Cardano, Dash, Decred, Ethereum, Ethereum Classic, Hcash, IOTA, Komodo, Lisk, Litecoin, Monero, NANO, NEM, NEO, QTUM, Ripple, Siacoin, Steem, Stellar, Stratis, Verge, Waves and Zcash.</p> <p>The announcement from the CCID stated that the intention was to “scientifically evaluate the development level” of blockchain technologies. This is to assist in providing “professional consulting services for the government, enterprises, research institutes, and technology developers.”</p> <figure class="wp-caption aligncenter" id="attachment_116488" style="width: 750px"><a class="ccn-pop" href="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg" title="Chinese Researchers Create Index to Rank Blockchain Projects"><img alt="china" class="wp-image-116488" data-size="1000x667" height="500" sizes="(max-width: 750px) 100vw, 750px" src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg" srcset="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-360x240.jpg 360w" width="750"/></a><figcaption class="wp-caption-text">State-backed researchers in China have created an index to rank blockchain projects deemed to have technological merit.</figcaption></figure> <p>The researchers used a number of criteria to select blockchain companies to include in the index, including:</p> <ol> <li>The project should have its own independent main chain</li> <li>Nodes can be freely created</li> <li>It should have a published block explorer where block information can be easily tracked</li> <li>It needs to run on open source code</li> <li>It should have an open website that project team members that are contactable</li> </ol> <p>At the seminar, Zihe Huang, deputy director of the China Electronic Information Industry Development Institute, indicated that particular attention is being paid to industry research, as well as to the technology behind blockchain. The formation of a dedicated CCID Blockchain Research Institute and the China Ecological Blockchain Alliance, will further efforts to organise and improve blockchain technology development, industry and policy research, for the benefit of the Chinese government and society.</p> <p>Earlier this week, it was announced that China’s government had begun working on <a href="https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/">national standards</a> for blockchain technology and last month, the National Audit of the People’s Republic of China released an article indicating it was <a href="https://www.ccn.com/china-pins-hopes-on-blockchain-technology-for-government-audits/">looking at blockchain</a> to improve government auditing functions</p> <p>These announcements demonstrate a marked softening in China’s stance on blockchain and cryptocurrencies since last September. Back then, China’s central bank <a href="https://www.ccn.com/breaking-chinas-central-bank-bans-icos/">announced an immediate blanket ban</a> on all initial coin offerings (ICOs). Its more tolerant view of crypto indicates that the Chinese government wants a major role on the world stage in formally reviewing and evaluating blockchain technologies – at a time when independent research-led analysis is not readily available.</p> <p><em>Images from Shutterstock</em></p> <b>Follow us on <a href="https://telegram.me/ccncom">Telegram</a>.</b><br/> <b>Advertisement</b><br> <div id="div-gpt-ad-1524167859587-2"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); }); <br<h2>Follow @davidlanz for real-time crypto news!<h2> |
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"body": "<p><img src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg\"></p><div class=\"entry-content\">\n<div class=\"post-thumbnail\">\n<a href=\"https://www.ccn.com/chinese-researchers-create-index-to-rank-blockchain-projects/\" title=\"Chinese Researchers Create Index to Rank Blockchain Projects\">\n<img alt=\"china\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" height=\"400\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/China-flags-760x400.jpg\" width=\"760\"/> </a>\n</div>\n<div class=\"content-ads\">\n<div class=\"widget text-12 widget_text\"><h6 class=\"widget-title font-weight-bold\">Advertisement</h6> <div class=\"textwidget\"><p></p>\n<div id=\"div-gpt-ad-1524167859587-0\" style=\"height: 90px; width: 728px;\">\n\n</div>\n</div>\n</div> </div>\n<em><a href=\"https://hacked.com/continue-reading\">Join our community of 10 000 traders on Hacked.com for just $39 per month.</a></em><br/>\n<p>At a seminar held in Beijing today, the China Center for Information Industry Development (CCID) <a href=\"http://www.ccidgroup.com/gzdt/11333.htm\">announced</a> its inaugural monthly Global Public Chain Assessment Index, a ranking of cryptocurrencies and other blockchain projects that the Chinese government considers to possess technological merit.</p>\n<p>The CCID is part of the Ministry of Industry and Information Technology, a state agency of the People’s Republic of China. It is responsible for the regulation and development of technology in the region, as well as the development of the knowledge economy within government.</p>\n<p>The intention is to provide a list of projects that researchers can evaluate as they seek to build out their own blockchain applications.</p>\n<p>The 28 cryptocurrencies in the inaugural index are: Ark, Bitcoin, Bitcoin Cash, BitShares, ByteCoin, Cardano, Dash, Decred, Ethereum, Ethereum Classic, Hcash, IOTA, Komodo, Lisk, Litecoin, Monero, NANO, NEM, NEO, QTUM, Ripple, Siacoin, Steem, Stellar, Stratis, Verge, Waves and Zcash.</p>\n<p>The announcement from the CCID stated that the intention was to “scientifically evaluate the development level” of blockchain technologies. This is to assist in providing “professional consulting services for the government, enterprises, research institutes, and technology developers.”</p>\n<figure class=\"wp-caption aligncenter\" id=\"attachment_116488\" style=\"width: 750px\"><a class=\"ccn-pop\" href=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg\" title=\"Chinese Researchers Create Index to Rank Blockchain Projects\"><img alt=\"china\" class=\"wp-image-116488\" data-size=\"1000x667\" height=\"500\" sizes=\"(max-width: 750px) 100vw, 750px\" src=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg\" srcset=\"https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins.jpg 1000w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-300x200.jpg 300w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-768x512.jpg 768w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-640x427.jpg 640w, https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Bitcoin-china-coins-360x240.jpg 360w\" width=\"750\"/></a><figcaption class=\"wp-caption-text\">State-backed researchers in China have created an index to rank blockchain projects deemed to have technological merit.</figcaption></figure>\n<p>The researchers used a number of criteria to select blockchain companies to include in the index, including:</p>\n<ol>\n<li>The project should have its own independent main chain</li>\n<li>Nodes can be freely created</li>\n<li>It should have a published block explorer where block information can be easily tracked</li>\n<li>It needs to run on open source code</li>\n<li>It should have an open website that project team members that are contactable</li>\n</ol>\n<p>At the seminar, Zihe Huang, deputy director of the China Electronic Information Industry Development Institute, indicated that particular attention is being paid to industry research, as well as to the technology behind blockchain. The formation of a dedicated CCID Blockchain Research Institute and the China Ecological Blockchain Alliance, will further efforts to organise and improve blockchain technology development, industry and policy research, for the benefit of the Chinese government and society.</p>\n<p>Earlier this week, it was announced that China’s government had begun working on <a href=\"https://www.ccn.com/china-government-to-establish-national-blockchain-standards-by-2019-report/\">national standards</a> for blockchain technology and last month, the National Audit of the People’s Republic of China released an article indicating it was <a href=\"https://www.ccn.com/china-pins-hopes-on-blockchain-technology-for-government-audits/\">looking at blockchain</a> to improve government auditing functions</p>\n<p>These announcements demonstrate a marked softening in China’s stance on blockchain and cryptocurrencies since last September. Back then, China’s central bank <a href=\"https://www.ccn.com/breaking-chinas-central-bank-bans-icos/\">announced an immediate blanket ban</a> on all initial coin offerings (ICOs). Its more tolerant view of crypto indicates that the Chinese government wants a major role on the world stage in formally reviewing and evaluating blockchain technologies – at a time when independent research-led analysis is not readily available.</p>\n<p><em>Images from Shutterstock</em></p>\n<b>Follow us on <a href=\"https://telegram.me/ccncom\">Telegram</a>.</b><br/>\n<b>Advertisement</b><br>\n<div id=\"div-gpt-ad-1524167859587-2\">\n<script>\r\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1524167859587-2'); });\r\n<br<h2>Follow @davidlanz for real-time crypto news!<h2>",
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2018/05/12 03:28:15
| author | davidlanz |
| body | <p><img src="https://cdn.images.express.co.uk/img/dynamic/59/590x/957815_1.jpg"></p><br><h2>Follow @davidlanz for real-time crypto news!<h2> |
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| title | Facebook Messenger users warned of ‘nasty’ malware that attacks accounts and steals cash |
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}davidlanzpublished a new post: bitcoin-price-ethereum-and-bitcoin-cash-investors-at-war2018/05/12 03:22:24
davidlanzpublished a new post: bitcoin-price-ethereum-and-bitcoin-cash-investors-at-war
2018/05/12 03:22:24
| author | davidlanz |
| body | <p><img src="https://cdn.images.express.co.uk/img/dynamic/22/590x/958173_1.jpg"></p><br><h2>Follow @davidlanz for real-time crypto news!<h2> |
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