Two men were arrested today for conning up to 1,800 people in Ghaziabad, India with a fake cryptocurrency company. The con involved 30 core (300 million Indian Rupees which is US$4.4 million). The fake company Ripple Future promised depositors to triple their deposits in 250 days. Two men were arrested today for allegedly duping as many [...]
The Bulls for Bitcoin like Tim Draper and John McAfee are still predicting Bitcoin to reach $25,000 in 2018 and $250,000 in 2022. There is also the prediction that cryptocurrencies will become a $20 trillion market by 2021. This is based on institutional projects and institutional investors putting money into the cryptomarkets in a big way. [...]
The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also benefit from trustless exchange. They propose the atomic swaption, which extends the atomic swap to allow for such exchanges. Crucially, [...]
The South Korean government is warning that the claimed discovery of a Russian shipwreck that could have $130 billion in gold might be cryptocurrency and stock market scam. Shinil Group claimed they discovered the wreck of Russian warship Dimitry Donskoi on Sunday and touted rumors that there could be 200 tons of gold coins and 3200 [...]
Dogecoin can now be bought commission-free on Robinhood Crypto. Litecoin and Bitcoin Cash were added to Robinhood last week. There are now five different cryptocurrencies on Robinhood. Robinhood Crypto is currently available in 17 states: AZ, CA, CO, FL, IN, MA, MI, MS, MO, MT, NJ, NM, PA, TX, UT, VA, and WI.
Oasis Labs is building a privacy-first, high-performance cloud computing platform on blockchain. Oasis Technology has the following capabilities: * Privacy-preserving smart contracts: programmed and self-enforceable privacy protection without relying on any central party. Privacy is built into each layer from the application down to hardware. * High-performance for real-world complex applications. Oasis believes scalability is more [...]
Twelve Russian nationals have been indicted for committing federal crimes that were intended to interfere with the 2016 U.S. presidential election. All twelve defendants are members of the GRU, a Russian Federation intelligence agency within the Main Intelligence Directorate of the Russian military. These GRU officers tried to hack into the computer networks of the Democratic [...]
China’s central bank says the buying and selling of bitcoin in RMB has fallen from a peak of 90% of the world’s total to less than 1% since September 2017. In February 2018, the People's Bank of China (PBOC) issued a statement that it would block access to all domestic and foreign cryptocurrency exchanges and ICO [...]
eToro and the Imperial College of London have a 25 page paper that describes how cryptocurrencies can become mainstream. * Cryptocurrencies can become units of account only if there is a friendly and conducive regulatory environment. * This could then allow businesses to accept cryptocurrencies as payment systems in a broader context. * The wider use [...]
IBM has a US$740 million (A$1 billion) contract with the Australian government to power everything from hardware and cloud services to AI, quantum computing and blockchain research. Australia wants more self-service, automation and digitization to Australia's government services. There will be joint programs in cybersecurity, enhancements to existing contracts with several agencies and the deployment of [...]
Bitcoin was 85% of the overall cryptocurrency market in January 2017. Bitcoin dominant has slopped to 43% of the overall cryptocurrency market. It was as low as 33% in January 2018. SOURCE - coinmarketcap
Coinbase is best for beginners and allows you to use your bank account, credit card or PayPal to purchase major cryptocurrencies. Binance lets you trade up to 300 different coins and the fees are far lower than Coinbase. If you want to get involved in Ripple, Stellar or many of the other coins, then Binance is [...]
