Month: October 2017

Artificial Intelligence (AI) startup SingularityNET, recently covered by Wired as “the most tech-hype idea of the year,” wants to democratize AI research and facilitate the emergence of human-level AI on a decentralized, open-source platform. SingularityNET operates on a belief that the benefits of AI should not be dominated by any small set of powerful institutions but should be shared by all. A key goal of SingularityNET is to ensure the technology is benevolent according to human standards, and the network Read more …

The U.S. Securities and Exchange Commission (SEC) is suing a Philadelphia day trader for alleged fraud, claiming they used bitcoin to hide their profits. On Oct. 30, the SEC filed suit against Joseph Willner, accusing him of illegally taking over more than 100 brokerage accounts and using the victims’ funds to artificially inflate stock prices that he would then trade against advantageously. In order to hide the profits of those activities, the SEC said, Willner used an unnamed bitcoin exchange Read more …

Markets and Prices The price of bitcoin has reached another all-time high this week touching an average of $6,420 across popular exchanges. The decentralized currency continues to rise upwards this year, the value of one bitcoin has climbed more than 500 percent in 2017. Also Read: Extreme Cold Storage: A Fortress of Solitude for Bitcoins The Decentralized Cryptocurrency Bitcoin Reaches Another All-Time High 2017 has become bitcoin’s year of consecutive all-time highs (ATH), and the currency’s value hasn’t Read more …

Finance On October 31 the world’s largest options and futures exchange, CME Group, has announced it will be launching a bitcoin-based derivatives marketplace for future contracts during Q4 of 2017. The U.S. headquartered financial markets company says there is “increasing interest” for cryptocurrency options and futures products for mainstream investors. Also read: Over $1 Million in Bitcoin Swaps and Options Traded on Ledger X in its First Week The World’s Leading FX Marketplace Will Launch bitcoin-based derivatives In Read more …

In early September, China banned initial coin offerings (ICOs) and a week later Chinese authorities shut down major cryptocurrency exchanges in the country. In this article, we will delve into how this ban impacted the whole crypto economy not just in China, but around the world. Currently in China, many are still concerned about ICO regulation. Despite this worry, business keeps on going as usual with companies saying they cannot stop now that the trend has begun. Even with the Read more …

Younger Americans appear to be more interested in cryptocurrencies compared to other age groups.  That’s according to the latest survey published by digital student loan servicer LendEDU, which asked roughly 1,000 U.S. citizens about ether and Ripple’s XRP token at the end of October. The questions ranged from whether people had heard of ether and XRP to if they would invest in the cryptocurrencies.  According to the survey, 31.6 percent of respondents have heard of ethereum (with 18.2 percent planning to invest Read more …

NewsBTC: You have created a unique product, which at the moment has virtually no competitors on the market: a system for lending using blockchain technology. Tell us about it. Vladimir: Our credit token really is a revolutionary product. It stands alone against the background of what we’re doing with our main token. You could say that our major contribution to the development of the blockchain community is comparable, for example, to the Commit project that TenX recently presented. What we’re Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. After months of closed development, the team behind the open source Xenio project have released version 0.2 of their blockchain source code, the first in a planned series of tiered releases of the greater Xenio Read more …

Swarm, a cooperative ownership fund for investment assets, has raised $5.5 million in an initial coin offering (ICO). Philipp Pieper, a partner at the company, told CoinDesk that 637 contributors took part in the token sale, which was split into two phases. All told, those backing the project gave 18,048 ethers in exchange for 8,171,014 SWM tokens, with almost all of the funding being raised during the pre-sale. Owners of Swarm Fund tokens can vote now on the way in which Read more …

With a cryptocurrency à la Bitcoin Catalonia could reduce its economic dependence on Spain and the euro. The separatists are not lacking in thinking about this – the problem would rather be implementation. An independent Catalonia would have two fundamental economic problems. On the one hand, there is logically a very close link with the rest of Spain, especially in finance. On the other hand, it is unclear whether the breakaway region, if it were a republic of its own, Read more …