Bitcoin ‘Halving’ 2020: What Will the Price of Bitcoin Be?

The halving, the 50 percent reduction in block rewards on the Bitcoin blockchain, is only two years away. Unless there is an abnormal change in hashrate, the reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020. The burning question is what effect will the block reward reduction have on the price of Bitcoin? A Little Bit of History Bitcoin is less than a decade old. Thus, history might not paint a complete Read more …

Crypto Payment Gateway to Help Start-ups Increase Adoption of Custom-made Tokens

A company that describes itself as a “pioneer in the digital payments space” has unveiled plans to become the first company to offer payment processing capabilities for transactions involving ERC20-compliant tokens. CoinPayments, which was established back in 2013, says its payment gateway has the potential to help fledgling crypto start-ups increase adoption for their custom-made tokens (ERC20), without the need for each company to code their own payment processing solutions. The feature also means customers who have invested in new Read more …

Officials in Venezuela Begin Confiscating Imported Bitcoin Mining Hardware

Venezuela is an important region in the cryptocurrency world. So far, consumers and corporations have shown a keen interest in cryptocurrency. It seems that situation may come to change fairly soon. Local sources indicate the government is confiscating any hardware related to cryptocurrency mining. The Bitcoin Situation in Venezuela Over the past few years, the financial turmoil in Venezuela has become more apparent. Its national currency is losing value fairly quickly. This has caused many different issues for both corporations Read more …

Bittrex Lands Bank Agreement to Help Customers Buy Bitcoin With Dollars …

Seattle-based cryptocurrency exchange Bittrex Inc. has established a formal agreement with Signature Bank in New York to allow corporate clients in specific states to purchase virtual tokens using USD. The move is designed to increase the amount of institutional capital making its way through the crypto space. Chief executive officer of Bittrex Bill Shihara says the exchange has been working on this partnership for months. “It’s been a long path,” he commented. “It’s not just about banks being able to Read more …

Mastercard Looks to Blockchain to Make Coupons Immutable

A new patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of consumer coupons. The application for a “Method and System for Authentication of Coupons via Blockchain” was published on May 31 by the U.S. Patent and Trademark Office (USPTO). It envisions utilizing the tech “specifically [for] the storage of coupon data in a blockchain to ensure redemption only by authorized individuals and immutability of coupon data.” The Read more …

Crypto Exchange Huobi Quietly Opens Office in Brazil and Starts Hiring …

Huobi, the third largest crypto exchange by 24-hour trading volume, is reportedly setting up an office in Brazil. According to reports in Portal du Bitcoin, representatives of Huobi were seen distributing business cards during Bitconf, a major cryptocurrency conference held in São Paulo, Brazil, on May 5-6, 2018. The Singapore-based exchange has yet to make an an official statement on the matter, but according to Portal du Bitcoin, which broke the news on Tuesday, May 29, 2018, Huobi has already Read more …

Keplertek’s Pre-Sale Is Now Live!

While landing on the moon, Neil Armstrong said, “That’s one small step for man, one giant leap for mankind.” Now, it’s time to go beyond the moon and take humanity to next level.  The Future is Here Every investment in Keplertek is one small step for man, today, and one giant leap for mankind, tomorrow. Yes, this is a chance to accelerate and usher in a revolutionary future — one which humanity will never forget. Keplertek’s Pre-sale is up and running, Read more …

US Crypto Exchange Signs Agreement to Offer Fiat-Crypto Trading to Corporate Clients

Seattle-based crypto exchange Bittrex has signed a banking agreement that will allow corporate investors to trade selected cryptocurrencies for fiat, Bloomberg reports today, May 31. Bittrex, which supports over 200 cryptocurrencies and reportedly has over 3 mln customers worldwide, will cooperate with New-York based Signature Bank to launch fiat trading for Bitcoin (BTC), Tether and TrueUSD. Speaking of the new banking deal, Bittrex CEO Bill Shihara is quoted as saying that the process “had been a long path”: “They really Read more …

Research Paper Refutes Threat to Bitcoin Posed by Quantum Computing

Jeffrey A. Tucker has penned an article to accompany a little-reported research paper that was published last October. The economics writer met with one of the paper’s authors recently to discuss the threat posed to the Bitcoin network by quantum computing. Quantum Computing Poses Little Real Threat to Bitcoin After meeting with Gavin K. Brennen, a researcher at the Centre for Quantum Technologies at the National University of Singapore, Tucker has concluded that quantum computing was not nearly the fatalistic Read more …

BitBay Suspends Polish Operations, Heads to Crypto-Friendly Malta

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Poland’s biggest cryptocurrency exchange, BitBay, is moving on to greener pastures. The company announced the suspension of its operations in Poland, where banks have been less than cooperative. BitBay is headed to the island country of Malta, which has given itself the nickname of Blockchain Island. BitBay is leaving the city of Katowice where it was founded in 2014 to bring cryptocurrency trading to Poland. It’s not the Read more …

Crypto Ecosystem Will Not See Regulation for Years

Kathryn Haun, board member of Coinbase and HackerOne claimed that cryptocurrency and blockchain will not see regulation for years, Techcrunch reports May 31. Haun made her statements on regulation at the Code Conference in California today. Haun drew parallels between the internet and crypto, claiming that the in the early days of the internet, users called for one single regulatory body, which never took place. As per Haun, crypto and blockchain are following the same scheme of the development. She Read more …

Apple Sides with Russian Govt, Restricts Telegram, Claims Pavel Durov

News If there’s a sacred line the crypto community insists shouldn’t be crossed, it’s Thou Shalt Never Cooperate with Government Prohibitions. Apple Inc., the world’s most valuable company, appears to have ventured into such territory, according to Telegram’s founder Pavel Durov. He claims the maker of iPhone, iPad, and other iconic hardware, is purposefully restricting Telegram’s program updates on Apple’s latest operating system rollout in an effort to appease Russian authorities.   Also read: Philippines’ Crypto Wallet Reaches 5 Million Read more …