What Is Bitcoin, and How Does It Work?

The record of all Bitcoin transactions that these computers are constantly updating is known as the blockchain. Why do criminals like Bitcoin? Criminals have taken to Bitcoin because anyone can open a Bitcoin address and start sending and receiving Bitcoins without giving a name or identity. There is no central authority that could collect this information. Bitcoin first took off in 2011 after drug dealers began taking payments in Bitcoin on the black-market website known as the Silk Road. Although Read more …

Bitcoin Bug Bites Japan and South Korea as China Clamps Down

“Japanese people tend to be very conservative with their investments, but once they get triggered they go all in,” said Yuzo Kano, the founder and chief executive of bitFlyer. In South Korea, trading ticked up after the country’s largest company, Samsung, announced in May that it had joined a large alliance of global companies aimed at finding corporate use for the software behind Ethereum. Ethereum includes a virtual currency, Ether, but it is also software that allows parties to enter Read more …

Rhea Token sale starts on Monday 2nd October

Rhea is launching the Crypto20 trading platform, a capitalization index of the top 20 cryptocurrencies enabling investors to hedge their investments across a range of the top rated, by market cap, cryptocurrencies. The Rhea ICO will begin on Monday, October 2nd. Simplifying Crypto Investing with Rhea and the Crypto20 Cryptocurrency investment can be a minefield for those new to the industry, presenting a wide range of options combined with what can often be a steep learning curve. With the Crypto20 Read more …

Paycent- Enabling Everyone in the Payment Chain

Paycent is a global mobile dual e-wallet that can be funded with cryptocurrencies and fiat, all within the same application. Paycent is continuously expanding into the fiat ecosystem, having partnership talks with several governments, banks, and companies. The company already has a live working product and committing to keep improving the Paycentos Wallet. The application … Continue reading Paycent- Enabling Everyone in the Payment Chain The post Paycent- Enabling Everyone in the Payment Chain appeared first on NEWSBTC. Source

After Months of Build-Up, BlockMason’s Credit Protocol Token Sale Set To Begin

Just two months after BlockMason revealed their first fully-functional application, Friend in Debt, the startup is set to begin their highly anticipated token sale for the Credit Protocol. The last several weeks have seen BlockMason release a number of high-profile announcements, including the addition of Anthony Di Iorio, founder of Jaxx and co-founder of Ethereum, to their advisory team. Beyond this exciting development, BlockMason has generated headlines in recent weeks as one of the first companies following the SEC’s Investigative Read more …

CRYPTO20 – An Autonomous, Tokenized, Crypto Index Fund

CRYPTO20 is an autonomous crypto-only index fund that tracks the top 20 cryptocurrencies in the same way the S&P 500 tracks the top 500 US company stocks. C20 is the fund’s token and represents an investor’s share in the fund. [Note: This is a press release.] Token-holders are able to liquidate the C20 token for their share of the underlying assets via the smart contract. By going directly to the end-user as a cryptocurrency itself, CRYPTO20 gives investors the ability Read more …

Senate 2018 Budget Adds $1.5 tln to National Debt: Bitcoin Bubble?

The US Senate Budget Committee has released its 2018 proposed budget for approval in the larger congressional body. The proposal will then be matched with the House proposed budget and worked out for final approval, before being sent to the White House. The Senate proposal contains provisions that will increase federal spending for this year, adding a jaw-dropping $1.5 tln to the national debt over the next year. Committee members have suggested that the tax cuts would produce economic gains, Read more …

Bitcoin Price Prediction Until August 2019 — Crypto News 24/7

We believe that a combination of price analysis and fundamental analysis is the most appropriate way to come up with a legitimate bitcoin forecast. Fundamentally, the bitcoin usage data look great: usage of bitcoins keeps on increasing, and that is exactly what it fundamentally is all about. Because of the fact that bitcoin is a form of money, the widening acceptance of bitcoin is the most fundamental data point to consider. According to many forecasts and specialist, Bitcoin will not pass Read more …

Sweden Poised to Become Leading Scandinavian Cashless Society through Bitcoin

Sweden is fast-moving to follow through on its plans to become the world’s first cashless society. While this is seen as a good sign for digital currencies on a new progressive frontier, it brings issues, such as privacy concerns, when every transaction is surveyed. Nevertheless, the country is still rooting for Bitcoin as the answer to provide anonymity similar to the traditional cash system. Potential profits in cashless As seen by many of Sweden’s financial institutions, companies make no profit Read more …

US State Department to Host Blockchain Forum on October 10

The US State Department will host a forum on Blockchain on Oct. 10. The event will take place in George C. Marshall Center, Washington, DC where various offices from the State Department and other parts of the US government, as well as those from the private sector, will join the one-day workshop organized by the Blockchain@State initiative. According to the group, the mission of the event is to “explore both the policy implications and potential applications” of the tech within Read more …

Bahrain is Eyeing at Becoming Middle East Pioneer in Blockchain

Bahrain, one of the major oil-producing country in UAE, is turning to digital currencies as part of their financial structure.  According to Khalid Al Rumaihi, the chief executive of the Economic Development Board of Bahrain, the adoption of digital currencies in the system of Bahrain had been suggested over time through the finance ministry of the country. This has lead to a conclusion of the issuance of “bonds on a digital currency.” Become pioneer of the growing cryptocurrency industry Bahrain Read more …

EloPlay – Leveling the eSports Playing Field

EloPlay, the eSports platform that allows players to organize and participate in tournaments with decentralized prize pools, has announced its upcoming token sale to raise funds for the integration of additional blockchain-based features. Why eSports Needs EloPlay Competitive video gaming, better known as eSports, is an industry that is increasing in popularity at an astronomical rate. This year alone, the breakout sport has amassed a worldwide audience of over 400 million and estimated earnings of over $695 million. In fact, Read more …