Month: November 2017

Finance After funding two cryptocurrency-related companies, the Irish state agency Enterprise Ireland (EI) suddenly reversed course, asking the same companies to take down all public mention of its support. The bitcoin/crypto community in Ireland is not pleased.  Also read: UK & Taiwanese Regulators Weigh-in on Bitcoin Laundering, France ponders ICOs Enterprise Ireland’s Love/Hate of Cryptocurrency Earlier last month, Enterprise Ireland without warning “ordered two fintech firms to remove website information and amend details in an investment prospectus that Read more …

Panama-based Prime-Ex Perpetual reports that their minimum raise goals are almost secure as their pre-sale winds down. “We’re sitting approximately 60,000 tokens away from our minimum raise goals this morning, and we expect to achieve our baseline objectives sometime today,” reports John Gilbert, CEO of Prime-Ex Perpetual. “We have through the 8th of November for our pre-sale, so those interested in buying PEX-Tokens should take advantage of this last chance to buy our tokens at a discount.” Once their minimum Read more …

Cryptocurrency commentator WhalePanda has published what he describes as “final thoughts” on SegWit2x prior to its fork date Nov. 16. One of the most outspoken sources against SegWit2x and its proponents, the Twitter personality released a dedicated blog post Monday in which he repeated accusations that the hard fork is “just another attack against Bitcoin.” “Do you really want to give up your financial freedom and independence and put it in the hands of a couple of VC’s and CEO’s?” Read more …

The last few days have been adventurous for the cryptocurrency market. Bitcoin price reached up towards $7,500, while almost $10 bln worth of trading was accounted for, more so, the market cap of the cryptocurrency world reached a record $200 bln. However, since those momentous numbers were hit a few days back, more interesting happenings have occurred. There has been a slip back on a lot of the altcoins, while Bitcoin has remained steady, but even with that altcoin dive, Read more …

With Bitcoin’s Segwit2x fork looming next week it pays to know what the top exchanges are going to do about it. Some are in full support and some are not so welcoming of the new protocol change which will effectively double the block size from 1Mb to 2Mb. There is essentially a battle raging between the miners and developers of the Bitcoin community. The majority of miners are for it at the moment, their adoption of the new software upgrade Read more …

Bitcoin seems to have more forks than an Italian restaurant at the moment, each one spurring another blockchain and another version of the digital currency. Last week was the Bitcoin Gold fork, before that there was Bitcoin Cash, and next month an even bigger fork awaits the world’s most popular cryptocurrency. Segwit2x calls for a specific change to Bitcoin’s rules and protocols which would make some rules valid that were not previously. Essentially the fork will change the size of Read more …

The money raised by initial coin offerings (ICOs) has now surpassed early stage venture capital (VC) funding. As of August 2017, the amount raised was US$ 1.2 bln according to CNBC. ICOs are now an accepted way out for startups who would like to raise funds to get their projects off the ground. Yet, what exactly is an ICO? The Economist perhaps has come up with a decent enough definition, “ICO “coins” are essentially digital coupons, tokens issued on an Read more …

As Tezos faces a public lawsuit from its ICO investors, Alex Tapscott’s NextBlock Global has opted to return funds to investors. In a further hurdle on ICOs’ path to legitimacy, the startup announced Sunday it had made the decision after Forbes broke a scandal about it inventing ‘advisors.’ “As a young company, we have stumbled in our efforts to take our company public and we will work hard to rebuild the trust of those we have disappointed,” a press release Read more …

There is always a growing demand for Bitcoin hardware wallets. Ledger and TREZOR are the clear market leaders in this regard. It seems we now have a new limited edition hardware wallet by the latter company. Only 4,000 units of the Model T will be created, making it somewhat of a collector’s item. Pre-orders for this wallet are open now and the product should start shipping in January of 2018. It is always good to see more Bitcoin hardware wallet Read more …

Perhaps calling the Bitcoin ecosystem ‘The Wild West’ is a little over the top as the environment has become a lot more secure and come a lot more into the light of the mainstream. However, its decentralized nature still leaves it open to attacks which can lead to a loss of fortune and there is almost no recourse. However, a few simple tips and tricks can help those who are serious about cryptocurrency keep their digital currencies a lot more Read more …

Bitcoin price analyst Tone Vays has called the “top” of the latest Bitcoin bull run at $7,500. On analysis of monthly charts, Vays, who correctly predicted Bitcoin’s month-long surge pattern, said it would be “very difficult” to sustain continued growth. “I think we’ve topped,” he said in a video update on the previous five weeks’ price performance. Just explained my #Bitcoin TOP call at $7,500 $BTCUSD. Right or Wrong the Troll ARE/WILL BE out in full force! https://t.co/ngyRXwjQwr — Tone Read more …

Technology Atomic swaps between blockchains have become a hot topic that has sparked a lot of interest due to the decentralized nature of the exchange process. This week a developer that goes by the name of “Deswurstes” or “MCCCS” has accomplished a successful bitcoin cash atomic swap test. Also Read: Uruguay to Launch Digital Currency, “Not Bitcoin” it Stresses Introducing Bitcoin Cash to the Atomic Swap Protocol On November 4, bitcoin cash (BCC) was tested using the Decred/atomic Read more …