Month: May 2018

Following Warren Buffet and his understudy Charlie Munger’s words on Bitcoin earlier this week, technology-focused investor Chamath Palihapitiya has come to digital currency’s defence. Despite claiming to be a Buffet ‘disciple,’ he also states that Buffet is wrong about Bitcoin. Palihapitiya: “Not Everybody is Right All the Time” Speaking in an interview with CNBC’s ‘Squawk Box,’ the former Facebook employee-turned venture capitalist espoused the virtues of Bitcoin with refreshing insight. He also stated that Warren Buffet’s ‘circle of competence’ didn’t necessarily Read more …

News Several films featuring Bitcoin are coming out before the summer. The main character in “Superfly”, a remake of the 1972 crime drama “Super Fly”, is now “swapping cash for crypto.” Director X’s debut movie is scheduled for release on July 15. And in Russia, two college students are chasing a hard disk storing a fortune in Bitcoin, after they sold the wrong PC to a pawn shop. The film should be ready by the end of Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Early bitcoin investor and prominent bitcoin cash (BCH) supporter Roger Ver recently participated in VI Bitconf, a cryptocurrency conference held in São Paulo, Brazil. According to local news outlet Portal do Bitcoin, Ver wasn’t physically there, as he participated while in Tokyo. Nevertheless, the chief executive officer of controversial website Bitcoin.com used the opportunity to promote Bitcoin Cash as the “real bitcoin” and even offered $100 Read more …

New research into the current state of global bottom-up adoption of cryptocurrencies was released in a report by Dalia Research on their Medium blog, May 9. The report shows differences in crypto ownership and knowledge along lines of education, gender, and nationality. The analysis attempted to “measure the spread of awareness, knowledge, buying intention and ownership of cryptocurrency,” in a survey of over 29,000 internet-connected people in 8 countries with the largest cryptocurrency markets (US, UK, Germany, Brazil, Japan, South Read more …

The co-founder of online social news forum Reddit has said that cryptocurrencies are ‘fuel for a new internet’ and that they are an opportunity for people to have ‘a store of value.’ Alexis Ohanian was appearing as a guest on the Late Show with Stephen Colbert yesterday when he made these comments. After talking about how he met his wife Serena Williams, an American professional tennis player, Colbert moved the conversation to the digital currency space and Ohanian’s involvement with it. Read more …

Researchers have identified patterns in certain kinds of zcash transactions that weaken their anonymity, according to a paper published Tuesday. George Kappos, Haaroon Yousaf, Mary Maller and Sarah Meiklejohn found that when coins move from “unshielded” to “shielded” and back to “unshielded” addresses, they lose much of the anonymity that zcash users expect. The University College London team wrote that their “relatively simple heuristics … reduce the size of the overall anonymity set by 69.1 percent.” Zcash, one of the most Read more …

The Chief Digital Officer Global Forum (CDX) summit series is gearing up for its next installation in New York. Established in 2013, the summit has set up shop in Chicago, San Francisco, Singapore and, most recently, Las Vegas, with focuses on emerging innovations in mobile, IoT and digital advertising technologies. To be held on May 11, 2018, in Columbia University’s Lerner Hall, this latest installment will concentrate on advancements in blockchain technology and its application to traditional industries. To this Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. According to a patent filing made public by the United States Patent and Trademark Office on May 8, 2017, Cameron and Tyler Winklevoss have won a patent for settling exchange-traded products (ETPs) with digital currencies, including bitcoin, ripple, dogecoin and ethereum. ETPs are derivative-based investments that are traded on a securities exchange. An ETP is generally valued on the basis of a benchmark stock or commodity, Read more …

According to an investor in the technology industry, Bitcoin could experience a similar fate to Sony’s Betamax video format. Glenn Hutchins feels that another cryptocurrency could rise up and take Bitcoin’s current position as the number one digital currency by market capitalisation. Glenn Hutchins: Bitcoin Could be Overtaken by Another Coin Hutchins spoke earlier today on CNBC’s ‘Squawk Box.’ The founder of multi-billion dollar private equity firm Silver Lake Partners stated that he felt Bitcoin could end up obsolete to another Read more …

Vancouver-based blockchain and cryptocurrency firm DMG Blockchain Solutions Inc. has announced the official launch of its BitScore web API. The platform is designed to provide cryptocurrency deposit and withdrawal risk-scoring for both anti-money laundering (AML) and anti-fraud compliance. DMG Blockchain Solutions seeks to manage, operate and develop end-to-end solutions for monetizing the blockchain ecosystem, and BitScore is already being used by crypto exchanges and enterprise payment platforms so they can assess their risks of legal non-compliance. BitScore was engineered by Read more …

China’s most popular messaging application, WeChat, has frozen a third-party blockchain application designed to introduce the nascent technology to a wide user base. The mini-program, called Xiao Xieyi (or Mini Protocol in a literal translation), was launched on Wednesday and touted as a service that would allow users on WeChat to initiate contractual agreements, according to the Chinese business news outlet Caijing. However, the app, which is owned by Tencent, suspended the program within a day. Upon reaching consensus, the tool – Read more …