➡️Daily Crypto Report – December 19⬅️
1. South Korean exchange Youbit folds after cyberattack
2. G20 to discuss Bitcoin at upcoming summit
3. Dash Breaks $1000
4. Bitcoin cash has risen above $2500 setting a new all time high
1. South Korean cryptocurrency exchange, Youbit, filed for bankruptcy after a cyberattack. Formerly known as Yapizon, it is the second hack for the company this year. Security within cryptocurrency exchanges is a topic of fierce debate among investors leading many to wonder how to protect their digital assets – and whether to trust digital wallets. More: https://dowbit.com/youbit-folds-cyberattack/
2. French Finance Minister Bruno Le Maire is pushing for a discussion on Bitcoin regulation at the G20 summit in April 2018. Reuters reports that the minister will ask G20 president Argentina to put Bitcoin on the agenda. G20 representatives have already discussed Bitcoin with the Financial Stability Board (FSB), which has been reviewing the tech since 2016. More: https://dowbit.com/bitcoin-regulation-will-be-discussed-at-g20-summit/
3. Dash is a cryptocurrency which aims to revolutionize payments with the help of crypto. This coin is supposed to be fast and cheap, which makes it very efficient. For some time now we have seen a steady increase in value, but on December 17th there was a breakthrough of the first serious barrier — $1000. More: https://dowbit.com/dash-breaks-1000/
4. Bitcoin Cash is now breaking new records. Its price has just surpassed $2500 and it is growing steadily. This is similar to the sudden increases in BCH from November 10-12. Then, we saw a typical pump and dump scheme, will it be different now? More: https://dowbit.com/bitcoin-cash-2500/
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Topic: DowBit - Daily Press News (Read 3299 times)
➡️Cryptocurrency news – December 13⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. An uncertain IOTA partnership with Microsoft?
2. Ripple gains 90% as Asian banking giants test virtual fund transfers
3. Digital gold for black gold — oil rich nations eye crypto-alternatives to the US dollar
4. Super Bitcoin: new fork promises to ‘Make Bitcoin great again’
1. Yesterday, the Next Web portal announced worrying news about IOTA’s partnership with Microsoft — as well as many other technology and consulting companies. They suggest that IOTA does not cooperate closely with Microsoft. IOTA’s co-founder, Dominik Schiener, said that IOTA representatives never stated that any of the companies (Microsoft, Accenture, Deutsche Telekom, PwC, Fujitsu, etc.) were partners. IOTA calls them “participants”. More: https://dowbit.com/iota-partnership-microsoft/
2. Ripple’s XRP surges to an all-time high as Japanese and South Korean Banks begin testing blockchain-based virtual fund transfers on Friday. Asian banking giants have partnered with Ripple to facilitate international funds transfers while also cutting costs by up to 30%. More: https://dowbit.com/asian-banking-tests-ripple-blockchain-fund-transfers/
3. The growing popularity of cryptocurrencies may erode the dollar’s dominance. Western financial institutions, have dictated global commodities trade for decades. But now, many isolated nations are looking for alternatives. Digital currency may just be their solution. More: https://dowbit.com/digital-gold-for-black-gold-oil-rich-nations-eye-crypto-alternatives-to-the-us-dollar/
4. Bitcoin is being forked every month now. Besides the more established ones like Bitcoin Cash and Bitcoin Gold, we witnessed the appearance of Bitcoin Silver, Bitcoin Diamond and Lightning Bitcoin. On December 12, another fork happened – Super Bitcoin. The fork’s slogan is ‘Make Bitcoin great again!’. More: https://dowbit.com/super-bitcoin-new-fork-promises-to-make-bitcoin-great-again/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
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Dowbit.com is an international information service about cryptocurrencies.
1. An uncertain IOTA partnership with Microsoft?
2. Ripple gains 90% as Asian banking giants test virtual fund transfers
3. Digital gold for black gold — oil rich nations eye crypto-alternatives to the US dollar
4. Super Bitcoin: new fork promises to ‘Make Bitcoin great again’
1. Yesterday, the Next Web portal announced worrying news about IOTA’s partnership with Microsoft — as well as many other technology and consulting companies. They suggest that IOTA does not cooperate closely with Microsoft. IOTA’s co-founder, Dominik Schiener, said that IOTA representatives never stated that any of the companies (Microsoft, Accenture, Deutsche Telekom, PwC, Fujitsu, etc.) were partners. IOTA calls them “participants”. More: https://dowbit.com/iota-partnership-microsoft/
2. Ripple’s XRP surges to an all-time high as Japanese and South Korean Banks begin testing blockchain-based virtual fund transfers on Friday. Asian banking giants have partnered with Ripple to facilitate international funds transfers while also cutting costs by up to 30%. More: https://dowbit.com/asian-banking-tests-ripple-blockchain-fund-transfers/
3. The growing popularity of cryptocurrencies may erode the dollar’s dominance. Western financial institutions, have dictated global commodities trade for decades. But now, many isolated nations are looking for alternatives. Digital currency may just be their solution. More: https://dowbit.com/digital-gold-for-black-gold-oil-rich-nations-eye-crypto-alternatives-to-the-us-dollar/
4. Bitcoin is being forked every month now. Besides the more established ones like Bitcoin Cash and Bitcoin Gold, we witnessed the appearance of Bitcoin Silver, Bitcoin Diamond and Lightning Bitcoin. On December 12, another fork happened – Super Bitcoin. The fork’s slogan is ‘Make Bitcoin great again!’. More: https://dowbit.com/super-bitcoin-new-fork-promises-to-make-bitcoin-great-again/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
➡️Cryptocurrency news – December 12⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Ethereum rises to All-Time High of $545 – UBS to embrace Ethereum blockchain solutions
2. Litecoin price takes off –what happened?
3. Parity has invented a way to unfreeze your wallets!
4. The future of Dash – interview with Robert Wiecko from Dash Core Team
1. Ethereum Network crypto, Ether, remained stable last week. However, as of last night the digital currency established an all-time high at $545 — gains of 30%. As of press time, ETH is up 14% and trading at $533. Interestingly, Ether’s gains may be a result of a recent Ethereum blockchain pilot project launched by some of the world’s largest banks. But why would banks champion a technology designed to undermine them? More: https://dowbit.com/ubs-champions-ethereum-blockchain/
2. The Bitcoin network has come under fire recently for it’s cumbersome infrastructure. Litecoin’s network on the other hand, is proving to be fast and effective. The virtual silver began the week on the same trend and it’s currently valued a little over $300. The total increase over the year is more than 4000%! But what may have caused the spike we’ve seen on the last days? More: https://dowbit.com/litecoin-price-takes-off-what-happened/
3. Last month, a programmer froze ETH wallets — worth about $275 million– by mistake. Since then, Parity has been working on a way to unfreeze them.To tackle the problem, Parity wants to change the Ethereum Virtual Machine (EVM) protocol. This would be a virtual streamlining of the platform’s operation, freeing up blocked resources and preventing the situation from happening again. To implement the solution, it will require the “consent” of network maintainers. More: https://dowbit.com/parity-unfreeze-wallets/
4. The past few months have been really successful for Dash. Its price increased dramatically, it has excellent development opportunities ahead, and it’s taking steps towards social awareness by helping people in need. Dash was present at the Cryptocurrency World Expo, which took place on 1st and 2nd of December in Warsaw. One of the speakers there was Robert Więcko, Head of Project Management in the Dash Core Team. He shared his thoughts on future of Dash with us. More: https://dowbit.com/future-of-dash-robert-wiecko/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
Dowbit.com is an international information service about cryptocurrencies.
1. Ethereum rises to All-Time High of $545 – UBS to embrace Ethereum blockchain solutions
2. Litecoin price takes off –what happened?
3. Parity has invented a way to unfreeze your wallets!
4. The future of Dash – interview with Robert Wiecko from Dash Core Team
1. Ethereum Network crypto, Ether, remained stable last week. However, as of last night the digital currency established an all-time high at $545 — gains of 30%. As of press time, ETH is up 14% and trading at $533. Interestingly, Ether’s gains may be a result of a recent Ethereum blockchain pilot project launched by some of the world’s largest banks. But why would banks champion a technology designed to undermine them? More: https://dowbit.com/ubs-champions-ethereum-blockchain/
2. The Bitcoin network has come under fire recently for it’s cumbersome infrastructure. Litecoin’s network on the other hand, is proving to be fast and effective. The virtual silver began the week on the same trend and it’s currently valued a little over $300. The total increase over the year is more than 4000%! But what may have caused the spike we’ve seen on the last days? More: https://dowbit.com/litecoin-price-takes-off-what-happened/
3. Last month, a programmer froze ETH wallets — worth about $275 million– by mistake. Since then, Parity has been working on a way to unfreeze them.To tackle the problem, Parity wants to change the Ethereum Virtual Machine (EVM) protocol. This would be a virtual streamlining of the platform’s operation, freeing up blocked resources and preventing the situation from happening again. To implement the solution, it will require the “consent” of network maintainers. More: https://dowbit.com/parity-unfreeze-wallets/
4. The past few months have been really successful for Dash. Its price increased dramatically, it has excellent development opportunities ahead, and it’s taking steps towards social awareness by helping people in need. Dash was present at the Cryptocurrency World Expo, which took place on 1st and 2nd of December in Warsaw. One of the speakers there was Robert Więcko, Head of Project Management in the Dash Core Team. He shared his thoughts on future of Dash with us. More: https://dowbit.com/future-of-dash-robert-wiecko/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
➡️Cryptocurrency news – December 7⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Bitfinex defends itself by threatening critics with legal action
2. Steam abandons Bitcoin: cites instability and expense
3. Change your password: NiceHash advises users after hackers steal 4000 bitcoins
4. Seamlessly Buy, Sell, or Spend Cryptocurrencies with Revolut Banking APP
1. Largest crypto exchange Bitfinex has been engulfed in drama. Tether, the US dollar-backed cryptocurrency who shares the same owners are Bitfinex, has been accused of mismanagement. The community demanded an audit to help restore faith in the USDT token. Instead, Bitfinex is suing the critics, the most vocal being anonymous blogger “Bitfinex’ed”, whose post initially started the whole debacle. More: https://dowbit.com/bitfinex-defends-itself-by-threatening-critics-with-legal-action/
2. Steam is the world’s largest gaming platform that has made it possible for its users to pay with Bitcoin. This is no longer the case as Steam just dropped Bitcoin support. To illustrate the situation, Valve says that transaction prices can now reach $20. Three months ago, by comparison, these costs were around USD 0.20. More: https://dowbit.com/steam-abandons-bitcoin-cites-instability-and-expense/
3. NiceHash is the largest crypto-mining platform in the world. Hackers have stolen more than 4000 BTCs from the platform. At current market value, the value is over $50 million. Andrej Nabergoj, CEO of NiceHash released a statement saying that it was the victim of hackers after a security breach and that the company is working with authorities to resolve the issue. More: https://dowbit.com/hackers-steal-4000-btcs-nicehash/
4. London-based mobile banking app Revolut has announced users can now use popular cryptocurrencies together with twenty-five fiat currencies on the platform. Ease of use as well as transparent fees sets the startup apart from traditional banks. In addition to exchanging fiat currencies, Revolut aims to complement their current services with popular digital currencies such as Bitcoin, Litecoin, and Ether. More: https://dowbit.com/seamlessly-buy-sell-spend-crypto-revolut/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Bitfinex defends itself by threatening critics with legal action
2. Steam abandons Bitcoin: cites instability and expense
3. Change your password: NiceHash advises users after hackers steal 4000 bitcoins
4. Seamlessly Buy, Sell, or Spend Cryptocurrencies with Revolut Banking APP
1. Largest crypto exchange Bitfinex has been engulfed in drama. Tether, the US dollar-backed cryptocurrency who shares the same owners are Bitfinex, has been accused of mismanagement. The community demanded an audit to help restore faith in the USDT token. Instead, Bitfinex is suing the critics, the most vocal being anonymous blogger “Bitfinex’ed”, whose post initially started the whole debacle. More: https://dowbit.com/bitfinex-defends-itself-by-threatening-critics-with-legal-action/
2. Steam is the world’s largest gaming platform that has made it possible for its users to pay with Bitcoin. This is no longer the case as Steam just dropped Bitcoin support. To illustrate the situation, Valve says that transaction prices can now reach $20. Three months ago, by comparison, these costs were around USD 0.20. More: https://dowbit.com/steam-abandons-bitcoin-cites-instability-and-expense/
3. NiceHash is the largest crypto-mining platform in the world. Hackers have stolen more than 4000 BTCs from the platform. At current market value, the value is over $50 million. Andrej Nabergoj, CEO of NiceHash released a statement saying that it was the victim of hackers after a security breach and that the company is working with authorities to resolve the issue. More: https://dowbit.com/hackers-steal-4000-btcs-nicehash/
4. London-based mobile banking app Revolut has announced users can now use popular cryptocurrencies together with twenty-five fiat currencies on the platform. Ease of use as well as transparent fees sets the startup apart from traditional banks. In addition to exchanging fiat currencies, Revolut aims to complement their current services with popular digital currencies such as Bitcoin, Litecoin, and Ether. More: https://dowbit.com/seamlessly-buy-sell-spend-crypto-revolut/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
@drmarcobelli thank you!
➡️Cryptocurrency news – December 6⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Bitcoin Proves Irrestistible to Wall Street Exchanges, Big Fish Will Enter on December 10th and 18th
2. Winklevoss Twins are the First Bitcoin Billionaires
3. Mariah Carey, Sia, Slayer and other stars accept Monero!
4. Bypass sanctions with Bitcoin: A Ukrainian Shipping Firm Will Do Just That
1. Following a partnership with digital currency exchange, Gemini, CBOE will offer bitcoin futures starting December 10th. In the meantime, CME Group reversed course on bitcoin futures. In November, they finalized a deal with federal regulators to begin trading starting on December 18th. Not only will the move subject the bitcoin market to more federal oversight, but big investors may also try to short the digital currency. More: https://dowbit.com/bitcoin-proves-irrestistible-to-wall-street/
2. In a 2013 interview with the New York Times, the Winklevoss brothers claimed that they had BTC worth $11 million. They became the first people to openly admit that they possessed such digital assets. Today, at Bitcoin’s current rate, the value of the Winklevoss brothers’ assets has exceeded one billion dollars. Cameron and Tyler claim that since 2013 they haven’t sold any BTC. More: https://dowbit.com/winklevoss-twins-bitcoin-billionaires/
3. Project Coral Reef gathers 45 artists and 5 online shops, which will sell artists’ albums at a promotional prices during the holiday season — if you pay with Monero. The list of artists is impressive. Mariah Carey (author of the most popular Christmas hit of all time “All I want for Christmas”), Sia, Lana del Rey, metal legend Slayer, and many more! More: https://dowbit.com/mariah-carey-sia-slayer-and-other-stars-accept-monero/
4. Ukrainian shipping company, Varamar Ltd. will accept bitcoin. Citing red tape, and to bypass sanctions, bitcoin may revolutionize the industry – while also increasing transparency in one of the most corrupt countries on earth. According to founder Alexander Varvarenko, Odessa-based shipping firm Varamar Ltd. is finalizing its first transaction in bitcoin with a client. More: https://dowbit.com/bypass-sanctions-bitcoin-ukraine/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
➡️Cryptocurrency news – December 6⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Bitcoin Proves Irrestistible to Wall Street Exchanges, Big Fish Will Enter on December 10th and 18th
2. Winklevoss Twins are the First Bitcoin Billionaires
3. Mariah Carey, Sia, Slayer and other stars accept Monero!
4. Bypass sanctions with Bitcoin: A Ukrainian Shipping Firm Will Do Just That
1. Following a partnership with digital currency exchange, Gemini, CBOE will offer bitcoin futures starting December 10th. In the meantime, CME Group reversed course on bitcoin futures. In November, they finalized a deal with federal regulators to begin trading starting on December 18th. Not only will the move subject the bitcoin market to more federal oversight, but big investors may also try to short the digital currency. More: https://dowbit.com/bitcoin-proves-irrestistible-to-wall-street/
2. In a 2013 interview with the New York Times, the Winklevoss brothers claimed that they had BTC worth $11 million. They became the first people to openly admit that they possessed such digital assets. Today, at Bitcoin’s current rate, the value of the Winklevoss brothers’ assets has exceeded one billion dollars. Cameron and Tyler claim that since 2013 they haven’t sold any BTC. More: https://dowbit.com/winklevoss-twins-bitcoin-billionaires/
3. Project Coral Reef gathers 45 artists and 5 online shops, which will sell artists’ albums at a promotional prices during the holiday season — if you pay with Monero. The list of artists is impressive. Mariah Carey (author of the most popular Christmas hit of all time “All I want for Christmas”), Sia, Lana del Rey, metal legend Slayer, and many more! More: https://dowbit.com/mariah-carey-sia-slayer-and-other-stars-accept-monero/
4. Ukrainian shipping company, Varamar Ltd. will accept bitcoin. Citing red tape, and to bypass sanctions, bitcoin may revolutionize the industry – while also increasing transparency in one of the most corrupt countries on earth. According to founder Alexander Varvarenko, Odessa-based shipping firm Varamar Ltd. is finalizing its first transaction in bitcoin with a client. More: https://dowbit.com/bypass-sanctions-bitcoin-ukraine/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
It looks like coindesk 
Although nice topics you've got putting there.
Gl with this.
Although nice topics you've got putting there.
Gl with this.
➡️Cryptocurrency news – December 4⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Lightning Bitcoin: new fork with DPoS consensus and CPU mining
2. How Blockchain Could Save Democracy
3. “Big 4” Accounting firm PwC starts accepting Bitcoin
4. Bitcoin: A Timeline of What One Cost and How You Could Spend It.
1. Recently we have witnessed a great deal of Bitcoin clones. Forks have produced Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond – some have grown into serious coins, while others add little value to the community. It’s time to welcome another Bitcoin clone to the pack! Lightning Bitcoin (LBTC) will be released around block 499,999 – set to occur around December 23. More: https://dowbit.com/lightning-bitcoin-new-fork-with-dpos-consensus-and-cpu-mining/
2. Many governments, financial institutions, and just regular people are wary of bitcoin. Some refuse to recognize bitcoin as a fully-fledged currency, while others view it simply as a carrier of value. However, the opportunities that blockchain offers are undeniable. More: https://dowbit.com/how-blockchain-could-save-democracy/
3. Bitcoin has recovered from its 20% correction last week and is growing towards new ATH. Good news will undoubtedly accelerate this growth. Accounting giant PricewaterhouseCoopers (PwC) has started accepting Bitcoin as payment for its services in the Hong Kong office. More: https://dowbit.com/big-4-accounting-firm-pwc-starts-accepting-bitcoin/
4. Cryptocurrencies have come a long way. When Lazlo Hanyecz made the first real-world transaction by offering to pay 10,000 BTC ($25) for a pizza in 2010, investors scoffed at the fledgling currency. No one could have imagined where cryptocurrency development would lead us. More: https://dowbit.com/2774-2-bitcoin-infographic/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Lightning Bitcoin: new fork with DPoS consensus and CPU mining
2. How Blockchain Could Save Democracy
3. “Big 4” Accounting firm PwC starts accepting Bitcoin
4. Bitcoin: A Timeline of What One Cost and How You Could Spend It.
1. Recently we have witnessed a great deal of Bitcoin clones. Forks have produced Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond – some have grown into serious coins, while others add little value to the community. It’s time to welcome another Bitcoin clone to the pack! Lightning Bitcoin (LBTC) will be released around block 499,999 – set to occur around December 23. More: https://dowbit.com/lightning-bitcoin-new-fork-with-dpos-consensus-and-cpu-mining/
2. Many governments, financial institutions, and just regular people are wary of bitcoin. Some refuse to recognize bitcoin as a fully-fledged currency, while others view it simply as a carrier of value. However, the opportunities that blockchain offers are undeniable. More: https://dowbit.com/how-blockchain-could-save-democracy/
3. Bitcoin has recovered from its 20% correction last week and is growing towards new ATH. Good news will undoubtedly accelerate this growth. Accounting giant PricewaterhouseCoopers (PwC) has started accepting Bitcoin as payment for its services in the Hong Kong office. More: https://dowbit.com/big-4-accounting-firm-pwc-starts-accepting-bitcoin/
4. Cryptocurrencies have come a long way. When Lazlo Hanyecz made the first real-world transaction by offering to pay 10,000 BTC ($25) for a pizza in 2010, investors scoffed at the fledgling currency. No one could have imagined where cryptocurrency development would lead us. More: https://dowbit.com/2774-2-bitcoin-infographic/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
➡️Cryptocurrency news – November 27⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Litecoin has just established new ATH! Brief story of Silver Bitcoin
2. Problems of Bitcoin Gold – a series of unfortunate events
3. Xiaomi CEO linked to mining equipment manufacturer Bitmain
4. North Korea starts cryptocurrency university course
1. Since Friday Litecoin’s price is skyrocking! Just few hours ago it have crossed 80 $ and is still growing. At the time of realese Litecoin set an ATH at 84,54 and is valued around that number . We think that the remarkable growth needs to be noticed! A little bit of history about the 6th biggest coin, according to Coinmarketcap, is well deserved. More: https://dowbit.com/litecoin-has-just-established-new-ath/
2. Black clouds again gather over BTG. The issue of the wallet, which has led to the theft of users’ funds, has not yet come to an end, and another scandal is already in the pipeline. The development team revealed that hackers had access to the project’s repository in Github. A modified version of the files could be downloaded on Windows for about 4.5 days. Will there ever be an end to the problems of Bitcoin Gold? More: https://dowbit.com/problems-of-bitcoin-gold/
3. Xiaomi founder Lei Jun is a visionary and a progressive thinker. He entered the Forbes billionaire list in 2015 with $13.2 billion dollars. A year earlier he was named Businessman of the Year. The businessman’s assets are diverse: it now seems that he may be connected to Bitmain, the largest manufacturer of Bitcoin mining equipment in the world. If true, such information can be considered as a massive endorsement for Bitcoin. More: https://dowbit.com/xiaomi-ceo-linked-to-mining-equipment-manufacturer-bitmain/
4. North Korea appears to be strongly interested in cryptocurrencies, as it has been accused of stealing cryptocurrencies, hoarding, and mining. Now recent reports indicate that Pyongyang University is offering cryptocurrency course. Despite accusations which haven’t been fully confirmed nor denied, the university course on cryptocurrencies shows hard evidence that the regime sympathizes with cryptocurrencies. More: https://dowbit.com/north-korea-starts-cryptocurrency-university-course/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Litecoin has just established new ATH! Brief story of Silver Bitcoin
2. Problems of Bitcoin Gold – a series of unfortunate events
3. Xiaomi CEO linked to mining equipment manufacturer Bitmain
4. North Korea starts cryptocurrency university course
1. Since Friday Litecoin’s price is skyrocking! Just few hours ago it have crossed 80 $ and is still growing. At the time of realese Litecoin set an ATH at 84,54 and is valued around that number . We think that the remarkable growth needs to be noticed! A little bit of history about the 6th biggest coin, according to Coinmarketcap, is well deserved. More: https://dowbit.com/litecoin-has-just-established-new-ath/
2. Black clouds again gather over BTG. The issue of the wallet, which has led to the theft of users’ funds, has not yet come to an end, and another scandal is already in the pipeline. The development team revealed that hackers had access to the project’s repository in Github. A modified version of the files could be downloaded on Windows for about 4.5 days. Will there ever be an end to the problems of Bitcoin Gold? More: https://dowbit.com/problems-of-bitcoin-gold/
3. Xiaomi founder Lei Jun is a visionary and a progressive thinker. He entered the Forbes billionaire list in 2015 with $13.2 billion dollars. A year earlier he was named Businessman of the Year. The businessman’s assets are diverse: it now seems that he may be connected to Bitmain, the largest manufacturer of Bitcoin mining equipment in the world. If true, such information can be considered as a massive endorsement for Bitcoin. More: https://dowbit.com/xiaomi-ceo-linked-to-mining-equipment-manufacturer-bitmain/
4. North Korea appears to be strongly interested in cryptocurrencies, as it has been accused of stealing cryptocurrencies, hoarding, and mining. Now recent reports indicate that Pyongyang University is offering cryptocurrency course. Despite accusations which haven’t been fully confirmed nor denied, the university course on cryptocurrencies shows hard evidence that the regime sympathizes with cryptocurrencies. More: https://dowbit.com/north-korea-starts-cryptocurrency-university-course/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
➡️Cryptocurrency news – November 23⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. New Ethereum ATH and record number of transactions
2. 6 reasons why Dash price is going up
3. Bitcoin Cash: Are you trying to pump me up again? Well, not really
4. JP Morgan intrested in futures on Bitcoin
1. A few weeks ago, we discussed a new record number of transactions in the Ethereum network. Since then, Vitaliko Buterin has achieved another spectacular success. USD 402.37 is the new Ethereum ATH. After a relatively long period of stabilisation, the world’s second cryptocurrency world has recently entered an upward trend. How did this happen? More: https://dowbit.com/new-ethereum-ath-and-record-number-of-transactions/
2. Dash keeps soaring to new heights! Yesterday it went over $500, and it keeps going! Since yesterday, its ATH is $590 but, unfortunately, it didn’t break the record today, as the price slightly fell, to a bit over $560. Let’s take a look at 6 reasons why Dash is so hot right now. More: https://dowbit.com/6-reasons-dash-price-rising/
3. Bitcoin Cash is increasing in price. Again. It increased by almost 32% to $1568 on Thursday afternoon. Last week brought quite a bit of news fo Bitcoin Cash, but it seems that the price jump is mostly related to announcements about the Bitwala wallet and the cryptocurrency exchange, Bitstamp. More: https://dowbit.com/bitcoin-cash-are-you-trying-to-pump-me-up-again-well-not-really/
4. JP Morgan’s CEO, Jamie Dimon, has been a staunch opponent of Bitcoin for many years. According to the Wall street Journal, JP Morgan is considering making it possible for its clients to use the derivatives introduced by CME. This is certainly a change of opinion, which will attract great interest from all those who have recently been following the bank’s, and Jamie Dimon’s, activity. More: https://dowbit.com/jp-morgan-intrested-in-futures-on-bitcoin/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you next time!
Dowbit.com is an international information service about cryptocurrencies.
1. New Ethereum ATH and record number of transactions
2. 6 reasons why Dash price is going up
3. Bitcoin Cash: Are you trying to pump me up again? Well, not really
4. JP Morgan intrested in futures on Bitcoin
1. A few weeks ago, we discussed a new record number of transactions in the Ethereum network. Since then, Vitaliko Buterin has achieved another spectacular success. USD 402.37 is the new Ethereum ATH. After a relatively long period of stabilisation, the world’s second cryptocurrency world has recently entered an upward trend. How did this happen? More: https://dowbit.com/new-ethereum-ath-and-record-number-of-transactions/
2. Dash keeps soaring to new heights! Yesterday it went over $500, and it keeps going! Since yesterday, its ATH is $590 but, unfortunately, it didn’t break the record today, as the price slightly fell, to a bit over $560. Let’s take a look at 6 reasons why Dash is so hot right now. More: https://dowbit.com/6-reasons-dash-price-rising/
3. Bitcoin Cash is increasing in price. Again. It increased by almost 32% to $1568 on Thursday afternoon. Last week brought quite a bit of news fo Bitcoin Cash, but it seems that the price jump is mostly related to announcements about the Bitwala wallet and the cryptocurrency exchange, Bitstamp. More: https://dowbit.com/bitcoin-cash-are-you-trying-to-pump-me-up-again-well-not-really/
4. JP Morgan’s CEO, Jamie Dimon, has been a staunch opponent of Bitcoin for many years. According to the Wall street Journal, JP Morgan is considering making it possible for its clients to use the derivatives introduced by CME. This is certainly a change of opinion, which will attract great interest from all those who have recently been following the bank’s, and Jamie Dimon’s, activity. More: https://dowbit.com/jp-morgan-intrested-in-futures-on-bitcoin/
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See you next time!
➡️Cryptocurrency news – November 20⬅️
Dowbit.com is an international information service about cryptocurrencies.
1. Atomic swap between Bitcoin and Litecoin completed succesfully
2. Abucoins now offers BTG deposits and withdrawals
3. ‘Bitcoin Jesus’ Roger Ver declares Bitcoin Cash to be the real Bitcoin
4. Visa launches its pilot blockchain payment system!
1. This week, the Lightning Labs development team successfully swapped Bitcoin and Litecoin through its atomic swap channel. The coins changed hands with no transactions being recorded on blockchains. The test was done on a local machine, with two nodes being created to monitor Bitcoin and Litecoin testnets. Lightning Labs developer, Conner Fromknecht, created a lightning channel that sent litecoin from one node to the other, then the latter returned Bitcoin. More: https://dowbit.com/atomic-swap-between-bitcoin-and-litecoin-completed-succesfully/
2. Abucoins becomes the second cryptocurrency exchange to support Bitcoin Gold deposits and withdrawals, after the European giant HitBTC. Due to the high user demand for access to the forked coins, the exchange felt obliged to meet their needs whilst maintaining safety standards. According to the tweet, the available markets are BTG/PLN, BTG/EUR, BTG/USD and BTC/BTG. More: https://dowbit.com/abucoins-offers-btg-deposits-and-withdrawals/
3. Roger Ver is famous for his Bitcoin advocacy, but since Bitcoin Cash (BCH) came out, he insists that it is the future of Bitcoin. Earlier this year, divergent groups within Bitcoin’s community couldn’t agree on the scaling solution. Ver is adamant about Bitcoin Cash’s potential, tweeting constant praise. He says that Bitcoin Cash is not exactly a ‘better Bitcoin’, but a return to the original functionality that Bitcoin intended. More: https://dowbit.com/bitcoin-jesus-roger-ver-declares-bitcoin-cash-to-be-the-real-bitcoin/
4. In 2016, Visa announced its blockchain intentions, and now they have released their B2B Connect in a pilot version. This will facilitate international payments through direct blockchain transactions, reducing costs. During B2B Connect’s development, Visa cooperated with institutions such as the American Commerce Bank, the South Korean Shinhan Bank, and Chain, a blockchain tech startup. More: https://dowbit.com/visa-launches-its-pilot-blockchain-payment-system/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Atomic swap between Bitcoin and Litecoin completed succesfully
2. Abucoins now offers BTG deposits and withdrawals
3. ‘Bitcoin Jesus’ Roger Ver declares Bitcoin Cash to be the real Bitcoin
4. Visa launches its pilot blockchain payment system!
1. This week, the Lightning Labs development team successfully swapped Bitcoin and Litecoin through its atomic swap channel. The coins changed hands with no transactions being recorded on blockchains. The test was done on a local machine, with two nodes being created to monitor Bitcoin and Litecoin testnets. Lightning Labs developer, Conner Fromknecht, created a lightning channel that sent litecoin from one node to the other, then the latter returned Bitcoin. More: https://dowbit.com/atomic-swap-between-bitcoin-and-litecoin-completed-succesfully/
2. Abucoins becomes the second cryptocurrency exchange to support Bitcoin Gold deposits and withdrawals, after the European giant HitBTC. Due to the high user demand for access to the forked coins, the exchange felt obliged to meet their needs whilst maintaining safety standards. According to the tweet, the available markets are BTG/PLN, BTG/EUR, BTG/USD and BTC/BTG. More: https://dowbit.com/abucoins-offers-btg-deposits-and-withdrawals/
3. Roger Ver is famous for his Bitcoin advocacy, but since Bitcoin Cash (BCH) came out, he insists that it is the future of Bitcoin. Earlier this year, divergent groups within Bitcoin’s community couldn’t agree on the scaling solution. Ver is adamant about Bitcoin Cash’s potential, tweeting constant praise. He says that Bitcoin Cash is not exactly a ‘better Bitcoin’, but a return to the original functionality that Bitcoin intended. More: https://dowbit.com/bitcoin-jesus-roger-ver-declares-bitcoin-cash-to-be-the-real-bitcoin/
4. In 2016, Visa announced its blockchain intentions, and now they have released their B2B Connect in a pilot version. This will facilitate international payments through direct blockchain transactions, reducing costs. During B2B Connect’s development, Visa cooperated with institutions such as the American Commerce Bank, the South Korean Shinhan Bank, and Chain, a blockchain tech startup. More: https://dowbit.com/visa-launches-its-pilot-blockchain-payment-system/
➡️Sign for latest cryptocurrency news delivered via Facebook Messenger and be always up to date: https://m.me/Dowbit?ref=DailyNews
See you tomorrow!
Infographic. Proof of work vs proof of stake: https://dowbit.com/infographic-proof-of-work-vs-proof-of-stake/
Infographic: Future bitcoin value - https://dowbit.com/future-bitcoin-value-infographic/
Cryptocurrency news – November 6
Dowbit.com is an international information service about cryptocurrencies.
1. Ukraine works on cryptocurrency tax exempt
2. Is it the end of fiat money? Deutsche Bank strategist says so
3. You can buy Bjork’s new album using cryptocurrencies
4. Coinbase welcomes 100,000 new users!
1. Ukrainian parliament has put together a bill which will allow to change Ukrainian Tax Code and create a tax exempt from all cryptocurrency transactions, including mining, purchasing and selling them. The president of Ukrainian Parliament Taxation and Customs Policy Commission, Nina Yuzhanina, has submitted to the parliament a bill in regard to cryptocurrencies and its derivatives. More: https://dowbit.com/ukraine-works-on-cryptocurrency-tax-exempt/
2. Fiat money has disappointed us a few times already, causing the need for change. Jim Reid, the strategist from Deutsche Bank, wrote a paper that suggests fiat money will disappear from our economy, but it’s yet to be established what will be a replacement for it. He argues that it might be possibly replaced by cryptocurrencies. More: https://dowbit.com/is-is-the-end-of-fiat-money-deutsche-bank-strategist-says-so/
3. Bjork, an Icelandic artist, is a well-known persona in the music world. Her music and performances are reverberating in all corners of the world, especially since the artist has been on stage for more than 30 years. She’s known for breaking many artistic barriers, creativity… and this time Bjork will be also known for the first music album which can be purchased also via cryptocurrencies. More: https://dowbit.com/bjork-buy-new-album-cryptocurrencies/
4. After CME Group has announced its plans to introduce derivatives based on Bitcoin, within 24 hours the biggest US cryptocurrency exchange, Coinbase, has reached the record number of new users – over 100,000 new users have registered since CME made its announcement. Such radical growth of a number of users wasn’t caused by CME announcement only. October, in contrast to previous months, was marked by the considerable growth of cryptocurrency market value. More: https://dowbit.com/coinbase-welcomes-100000-new-users/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Ukraine works on cryptocurrency tax exempt
2. Is it the end of fiat money? Deutsche Bank strategist says so
3. You can buy Bjork’s new album using cryptocurrencies
4. Coinbase welcomes 100,000 new users!
1. Ukrainian parliament has put together a bill which will allow to change Ukrainian Tax Code and create a tax exempt from all cryptocurrency transactions, including mining, purchasing and selling them. The president of Ukrainian Parliament Taxation and Customs Policy Commission, Nina Yuzhanina, has submitted to the parliament a bill in regard to cryptocurrencies and its derivatives. More: https://dowbit.com/ukraine-works-on-cryptocurrency-tax-exempt/
2. Fiat money has disappointed us a few times already, causing the need for change. Jim Reid, the strategist from Deutsche Bank, wrote a paper that suggests fiat money will disappear from our economy, but it’s yet to be established what will be a replacement for it. He argues that it might be possibly replaced by cryptocurrencies. More: https://dowbit.com/is-is-the-end-of-fiat-money-deutsche-bank-strategist-says-so/
3. Bjork, an Icelandic artist, is a well-known persona in the music world. Her music and performances are reverberating in all corners of the world, especially since the artist has been on stage for more than 30 years. She’s known for breaking many artistic barriers, creativity… and this time Bjork will be also known for the first music album which can be purchased also via cryptocurrencies. More: https://dowbit.com/bjork-buy-new-album-cryptocurrencies/
4. After CME Group has announced its plans to introduce derivatives based on Bitcoin, within 24 hours the biggest US cryptocurrency exchange, Coinbase, has reached the record number of new users – over 100,000 new users have registered since CME made its announcement. Such radical growth of a number of users wasn’t caused by CME announcement only. October, in contrast to previous months, was marked by the considerable growth of cryptocurrency market value. More: https://dowbit.com/coinbase-welcomes-100000-new-users/
See you tomorrow!
Cryptocurrency news – November 2
Dowbit.com is an international information service about cryptocurrencies.
1. Amazon buys cryptocurrency-connected domains
2. Bitcoin Cash hard fork – yet another unnecessary split?
3. BitPay will halt deposits and withdrawals before SegWit2x
4. Ron Paul defends Bitcoin from US government
1. Amazon is always a hot topic among cryptomaniacs. This time, however, it’s not about Bitcoin payment availability. Most probably, Amazon wants to protects its brand. This might be the reason why the company bought domains such as amazonethereum.com, amazoncryptocurreny and amazoncryptocurrencies.com. More: https://dowbit.com/amazon-buys-cryptocurrency-connected-domains/
2. One fork isn’t equal to other. Lately we’ve witnessed various types of hard forks. Bitcoin holders had the possibility to get ‘free’ coins which took form of Bitcoin Cash and Gold. In the meantime, Ethereum experienced implementation of crucial changes (Byzantium) without creating new cryptocurrency. What will happen on the 13th of November, when Bitcoin Cash hard fork is planned? More: https://dowbit.com/bitcoin-cash-hard-fork/
3. On a post on their blog, BitPay has announced that it will support the chain that has the bigger difficulty after the fork. According to them, lots of users of the exchange support Segwit2x but there are also some that do not, and according to the post, this decision was taken in order to guarantee the safety and security of the users and their assets. Furthermore, BitPay has announced that it will halt all deposit and withdraw transactions 24 hours prior to the fork. More: https://dowbit.com/bitpay-will-halt-deposits-and-withdrawals-before-segwit2x/
4. Ron Paul, the Republican two-time Presidential candidate said that “Government should keep their nose out of bitcoin and allow competing currencies to thrive”. He admitted that government interest in cryptocurrencies made him ‘a little bit nervous’ and warned others to be more cautious. More: https://dowbit.com/ron-paul-defends-bitcoin-from-us-government/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Amazon buys cryptocurrency-connected domains
2. Bitcoin Cash hard fork – yet another unnecessary split?
3. BitPay will halt deposits and withdrawals before SegWit2x
4. Ron Paul defends Bitcoin from US government
1. Amazon is always a hot topic among cryptomaniacs. This time, however, it’s not about Bitcoin payment availability. Most probably, Amazon wants to protects its brand. This might be the reason why the company bought domains such as amazonethereum.com, amazoncryptocurreny and amazoncryptocurrencies.com. More: https://dowbit.com/amazon-buys-cryptocurrency-connected-domains/
2. One fork isn’t equal to other. Lately we’ve witnessed various types of hard forks. Bitcoin holders had the possibility to get ‘free’ coins which took form of Bitcoin Cash and Gold. In the meantime, Ethereum experienced implementation of crucial changes (Byzantium) without creating new cryptocurrency. What will happen on the 13th of November, when Bitcoin Cash hard fork is planned? More: https://dowbit.com/bitcoin-cash-hard-fork/
3. On a post on their blog, BitPay has announced that it will support the chain that has the bigger difficulty after the fork. According to them, lots of users of the exchange support Segwit2x but there are also some that do not, and according to the post, this decision was taken in order to guarantee the safety and security of the users and their assets. Furthermore, BitPay has announced that it will halt all deposit and withdraw transactions 24 hours prior to the fork. More: https://dowbit.com/bitpay-will-halt-deposits-and-withdrawals-before-segwit2x/
4. Ron Paul, the Republican two-time Presidential candidate said that “Government should keep their nose out of bitcoin and allow competing currencies to thrive”. He admitted that government interest in cryptocurrencies made him ‘a little bit nervous’ and warned others to be more cautious. More: https://dowbit.com/ron-paul-defends-bitcoin-from-us-government/
See you tomorrow!
Cryptocurrency news – October 26
1. Hong Kong Bitcoin Community against SegWit2x
2. Another BTC hardfork? Get ready for Bitcoin Silver!
3. 7nm Bitcoin mining chips from Japan – ICO will fund the project?
1. The closer we get to the awaited SegWit2x hard fork, the stronger gets the resistance against it. This time both the Hong Kong Bitcoin Community and Bitcoin Association of Hong Kong have issued a statement in which they officially condemn the Bitcoin hard fork.
More: https://dowbit.com/hong-kong-bitcoin-community-against-segwit2x/
2. Even more exchanges are pulling back SegWit2x support and there is a new fork on the horizon. This time, get ready for Bitcoin Silver. Developers team of Bitcoin Silver communicated through Bitcointalk forum, that their plan is to “Make Bitcoin decentralized again”.
More: https://dowbit.com/another-btc-hardfork-get-ready-for-bitcoin-silver/
3. GMO – Japanese internet group has announced their plans to start selling new generation of BTC mining chips. Funds for 7nm Bitcoin mining chips are going to be raised through ICO. GMO plans to spend 10 billion yen (almost 90 million dollars!) in total to develop ASIC chipsets and miniaturize the technology.
More: https://dowbit.com/7nm-bitcoin-mining-chips-ico/
See you tomorrow!
1. Hong Kong Bitcoin Community against SegWit2x
2. Another BTC hardfork? Get ready for Bitcoin Silver!
3. 7nm Bitcoin mining chips from Japan – ICO will fund the project?
1. The closer we get to the awaited SegWit2x hard fork, the stronger gets the resistance against it. This time both the Hong Kong Bitcoin Community and Bitcoin Association of Hong Kong have issued a statement in which they officially condemn the Bitcoin hard fork.
More: https://dowbit.com/hong-kong-bitcoin-community-against-segwit2x/
2. Even more exchanges are pulling back SegWit2x support and there is a new fork on the horizon. This time, get ready for Bitcoin Silver. Developers team of Bitcoin Silver communicated through Bitcointalk forum, that their plan is to “Make Bitcoin decentralized again”.
More: https://dowbit.com/another-btc-hardfork-get-ready-for-bitcoin-silver/
3. GMO – Japanese internet group has announced their plans to start selling new generation of BTC mining chips. Funds for 7nm Bitcoin mining chips are going to be raised through ICO. GMO plans to spend 10 billion yen (almost 90 million dollars!) in total to develop ASIC chipsets and miniaturize the technology.
More: https://dowbit.com/7nm-bitcoin-mining-chips-ico/
See you tomorrow!
Cryptocurrency news – October 25
1. Bitcoin scaling debate – the history of agreements
2. Bitcoin payments on amazon will happen?
3. It’s official: Russia regulates ICOs and mining
4. DEA: Bitcoin is used for money laundering
1. Among pros of transacting using Bitcoins, the first thing that comes to mind is its speed and relatively low costs. Unfortunately, as the BTC network develops and number of transactions and users started to grow like a flash, the situation is starting to change. Bitcoin scaling debate was supposed to provide solutions for constantly growing time and cost of transactions.
More: https://dowbit.com/bitcoin-scaling-debate-history/
2. The online retail giant Amazon could finally allow Bitcoin as a mean of payment relatively soon. At the moment it’s only a rumor, however, there are corresponding facts that Bitcoin payments on Amazon will happen even this year. Cryptocurrency community has created a petition in order to voice their need for Bitcoin payments on Amazon.
More: https://dowbit.com/bitcoin-payments-on-amazon-will-happen-rumour/
3. That was expected to happen sooner or later: Russia regulates cryptocurrencies and mining. As reported by the Russian media RNS, President Vladimir Putin has signed the bill on ICO regulation and cryptocurrency mining. Kremlin’s press service formally announced the news on Tuesday, explaining that ICO regulatory status will be similar to Russian regulation of IPOs.
More: https://dowbit.com/its-official-russia-will-regulate-icos-and-cryptocurrency-mining/
4. American Drug Enforcement Agency (DEA) released the report concerning drug trade. A big part of it was dedicated to cryptocurrencies and their use in illegal activity. DEA points out that many Chinese companies can be accused of money laundering due to using bitcoin in transactions.
More: https://dowbit.com/dea-bitcoin-is-used-for-money-laundering/
See you tomorrow!
1. Bitcoin scaling debate – the history of agreements
2. Bitcoin payments on amazon will happen?
3. It’s official: Russia regulates ICOs and mining
4. DEA: Bitcoin is used for money laundering
1. Among pros of transacting using Bitcoins, the first thing that comes to mind is its speed and relatively low costs. Unfortunately, as the BTC network develops and number of transactions and users started to grow like a flash, the situation is starting to change. Bitcoin scaling debate was supposed to provide solutions for constantly growing time and cost of transactions.
More: https://dowbit.com/bitcoin-scaling-debate-history/
2. The online retail giant Amazon could finally allow Bitcoin as a mean of payment relatively soon. At the moment it’s only a rumor, however, there are corresponding facts that Bitcoin payments on Amazon will happen even this year. Cryptocurrency community has created a petition in order to voice their need for Bitcoin payments on Amazon.
More: https://dowbit.com/bitcoin-payments-on-amazon-will-happen-rumour/
3. That was expected to happen sooner or later: Russia regulates cryptocurrencies and mining. As reported by the Russian media RNS, President Vladimir Putin has signed the bill on ICO regulation and cryptocurrency mining. Kremlin’s press service formally announced the news on Tuesday, explaining that ICO regulatory status will be similar to Russian regulation of IPOs.
More: https://dowbit.com/its-official-russia-will-regulate-icos-and-cryptocurrency-mining/
4. American Drug Enforcement Agency (DEA) released the report concerning drug trade. A big part of it was dedicated to cryptocurrencies and their use in illegal activity. DEA points out that many Chinese companies can be accused of money laundering due to using bitcoin in transactions.
More: https://dowbit.com/dea-bitcoin-is-used-for-money-laundering/
See you tomorrow!
Cryptocurrency news – October 24
Dowbit.com is an international information service about cryptocurrencies.
1. Bitcoin Gold – so far not so good?
2. Wolf of Wall Street: ICOs are scam
3. BitMEX told users to “sell ShitCoin2x”
4. British banks refuse to service DLT startups
1. Yesterday we’ve witnessed the anticipated Bitcoin hard fork. Although more people are focused on the November’s SegWit2x activation, the promise of ‘free coins’ has successfully brought attention of the cryptocurrency community and jacked up BTC price to new historical levels. So one can ask, where are my BTG? It seems that Bitcoin Gold after fork works worse than expected.
More: https://dowbit.com/bitcoin-gold-after-fork/
2. Jordan Belfort, the infamous Wolf of Wall Street, speaks about cryptocurrencies again! This time he critiques the ICOs: “Promoters are perpetuating a massive scam of the highest order on everyone. Probably 85 percent of people out there don’t have bad intentions, but the problem is, if five or 10 percent are trying to scam you, it’s a f**king disaster. It is the biggest scam ever, such a huge gigantic scam that’s going to blow up in so many people’s faces. It’s far worse than anything I was ever doing.”
More: https://dowbit.com/wolf-of-wall-street-icos-scam/
3. Over a week ago, cryptocurrency exchange BitMEX announced that it will not support SegWit2x. According to their blogpost, the exchange won’t deal with rival Bitcoin chains under any circumstances, because SegWit2x will put customers’ assets in danger. The exchange has published a trading strategy called “Trading ShitCoin2x”. The dedicated trading strategy is based purely on selling the ‘shitcoin‘.
More: https://dowbit.com/bitmex-told-users-to-sell-shitcoin2x/
4. British startups working with Distributed Ledger Technology have problems with access to banking services. The Information was brought by the UK Financial Conduct Authority. In in the report prepared, FCA stated that it’s witnessing a regular denial of banking services from certain banks to companies that use the regulatory sandbox program. It concerns mainly both electronic payments and digital currency companies.
More: https://dowbit.com/british-banks-refuse-to-service-dlt-startups/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Bitcoin Gold – so far not so good?
2. Wolf of Wall Street: ICOs are scam
3. BitMEX told users to “sell ShitCoin2x”
4. British banks refuse to service DLT startups
1. Yesterday we’ve witnessed the anticipated Bitcoin hard fork. Although more people are focused on the November’s SegWit2x activation, the promise of ‘free coins’ has successfully brought attention of the cryptocurrency community and jacked up BTC price to new historical levels. So one can ask, where are my BTG? It seems that Bitcoin Gold after fork works worse than expected.
More: https://dowbit.com/bitcoin-gold-after-fork/
2. Jordan Belfort, the infamous Wolf of Wall Street, speaks about cryptocurrencies again! This time he critiques the ICOs: “Promoters are perpetuating a massive scam of the highest order on everyone. Probably 85 percent of people out there don’t have bad intentions, but the problem is, if five or 10 percent are trying to scam you, it’s a f**king disaster. It is the biggest scam ever, such a huge gigantic scam that’s going to blow up in so many people’s faces. It’s far worse than anything I was ever doing.”
More: https://dowbit.com/wolf-of-wall-street-icos-scam/
3. Over a week ago, cryptocurrency exchange BitMEX announced that it will not support SegWit2x. According to their blogpost, the exchange won’t deal with rival Bitcoin chains under any circumstances, because SegWit2x will put customers’ assets in danger. The exchange has published a trading strategy called “Trading ShitCoin2x”. The dedicated trading strategy is based purely on selling the ‘shitcoin‘.
More: https://dowbit.com/bitmex-told-users-to-sell-shitcoin2x/
4. British startups working with Distributed Ledger Technology have problems with access to banking services. The Information was brought by the UK Financial Conduct Authority. In in the report prepared, FCA stated that it’s witnessing a regular denial of banking services from certain banks to companies that use the regulatory sandbox program. It concerns mainly both electronic payments and digital currency companies.
More: https://dowbit.com/british-banks-refuse-to-service-dlt-startups/
See you tomorrow!
Cryptocurrency news – October 23
Dowbit.com is an international information service about cryptocurrencies.
1. Wallets ready for Bitcoin Gold: how to be prepared for the fork?
2. Bank closes accounts because of Bitcoin transactions
3. Will Japan continue to be a cryptocurrency giant?
4. Is there a fair price for Bitcoin? BlackRock says no
1. Only a couple of hours are left before Bitcoin Gold hard fork is activated. Even though November SegWit2X hard fork is more important for BTC future, plenty of people hope for free tokens. So where should we keep our Bitcoins in order to receive BTG? Which wallets are ready for Bitcoin Gold?
More: https://dowbit.com/wallets-ready-for-bitcoin-gold/
2. And again, we’re witnessing a story where bank closes all accounts because of Bitcoin transactions. One of Reddit users reports that bank BNP Paribas is closing all of his bank accounts in less than 60 days because of “bitcoin”. The frustrated user is looking for other people with similar stories as he intends to contact some reputable journalists about doing a story on this subject.
More: https://dowbit.com/bank-closes-accounts-bitcoin-transactions/
3. Japan recognises Bitcoin as a legal mean of payment and therefore is the largest user of Bitcoin. Japan’s approach is very supportive towards ICOs. Co-founder of IndiesSquare, Kogi Higashi, is not convinced however, that Japan is a safe market for ICOs. He believes that the conservative and risk-free nature of many industries in Japan can trigger bans.
More: https://dowbit.com/will-japan-continue-to-be-a-cryptocurrency-giant/
4. Richard Turnill, the chief investment strategist for world’s largest asset manager, BlackRock, said that there is no ‘right or wrong’ price for Bitcoin. In an interview with Business Insider, he said that he doesn’t know what’s the “fair” price for Bitcoin.
More: https://dowbit.com/is-there-a-fair-price-for-bitcoin-blackrock-says-no/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Wallets ready for Bitcoin Gold: how to be prepared for the fork?
2. Bank closes accounts because of Bitcoin transactions
3. Will Japan continue to be a cryptocurrency giant?
4. Is there a fair price for Bitcoin? BlackRock says no
1. Only a couple of hours are left before Bitcoin Gold hard fork is activated. Even though November SegWit2X hard fork is more important for BTC future, plenty of people hope for free tokens. So where should we keep our Bitcoins in order to receive BTG? Which wallets are ready for Bitcoin Gold?
More: https://dowbit.com/wallets-ready-for-bitcoin-gold/
2. And again, we’re witnessing a story where bank closes all accounts because of Bitcoin transactions. One of Reddit users reports that bank BNP Paribas is closing all of his bank accounts in less than 60 days because of “bitcoin”. The frustrated user is looking for other people with similar stories as he intends to contact some reputable journalists about doing a story on this subject.
More: https://dowbit.com/bank-closes-accounts-bitcoin-transactions/
3. Japan recognises Bitcoin as a legal mean of payment and therefore is the largest user of Bitcoin. Japan’s approach is very supportive towards ICOs. Co-founder of IndiesSquare, Kogi Higashi, is not convinced however, that Japan is a safe market for ICOs. He believes that the conservative and risk-free nature of many industries in Japan can trigger bans.
More: https://dowbit.com/will-japan-continue-to-be-a-cryptocurrency-giant/
4. Richard Turnill, the chief investment strategist for world’s largest asset manager, BlackRock, said that there is no ‘right or wrong’ price for Bitcoin. In an interview with Business Insider, he said that he doesn’t know what’s the “fair” price for Bitcoin.
More: https://dowbit.com/is-there-a-fair-price-for-bitcoin-blackrock-says-no/
See you tomorrow!
Cryptocurrency news – October 17
Dowbit.com is an international information service about cryptocurrencies.
1) Lisk – smart money or a nail to the coffin?
2) Will China accept Bitcoin again?
3) IBM along with KlickEx and Stellar are creating a universal payment system
4) SEC Representative: Bitcoin bubble is real
1) Many people got interested in the Lisk project due to the upcoming rebranding, which was supposed to take place in September. In the past, when other cryptocurrencies were rebranding, their value would rise even by a few hundred percent in a very short period of time. This is one of the reasons why there was a significant inflow of new capital into Lisk, which made its price shoot up by over 300%. More: https://dowbit.com/lisk-smart-money-or-a-nail-to-the-coffin/
2) Undoubtedly, Chinese officials find it hard to accept Bitcoin and cryptocurrencies. There is no need to remind how drastic were the ICO and cryptocurrency exchange bans. We all remember how Bitcoin dropped from almost $5000 to $3100 as a result of Chinese regulations. However, there is still a chance that China will accept Bitcoin again. More: https://dowbit.com/will-china-accept-bitcoin-again/
3) IBM and KlickEx have announced that Stellar, a nonprofit organisation supporting an open source blockchain network, is a key element of a “new international payment solution”. IBM is already calling a group of large partner banks to take further initiatives in what is called the first public use of blockchain to facilitate international payments. Among the members there are National Australia Bank, TD Bank and Wizdraw (HK) of WorldCom Finance. More: https://dowbit.com/ibm-along-with-klickex-and-stellar-are-creating-a-universal-payment-system/
4) Among SEC representatives, Bitcoin is a very delicate discussion topic which can raise multiple controversies. This time, usual SEC’s Investor Advisory Committee meeting has turned into explosive dialogue. The tension was caused by one representative saying that Bitcoin bubble is real. More: https://dowbit.com/sec-committee-bitcoin-bubble-is-real/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1) Lisk – smart money or a nail to the coffin?
2) Will China accept Bitcoin again?
3) IBM along with KlickEx and Stellar are creating a universal payment system
4) SEC Representative: Bitcoin bubble is real
1) Many people got interested in the Lisk project due to the upcoming rebranding, which was supposed to take place in September. In the past, when other cryptocurrencies were rebranding, their value would rise even by a few hundred percent in a very short period of time. This is one of the reasons why there was a significant inflow of new capital into Lisk, which made its price shoot up by over 300%. More: https://dowbit.com/lisk-smart-money-or-a-nail-to-the-coffin/
2) Undoubtedly, Chinese officials find it hard to accept Bitcoin and cryptocurrencies. There is no need to remind how drastic were the ICO and cryptocurrency exchange bans. We all remember how Bitcoin dropped from almost $5000 to $3100 as a result of Chinese regulations. However, there is still a chance that China will accept Bitcoin again. More: https://dowbit.com/will-china-accept-bitcoin-again/
3) IBM and KlickEx have announced that Stellar, a nonprofit organisation supporting an open source blockchain network, is a key element of a “new international payment solution”. IBM is already calling a group of large partner banks to take further initiatives in what is called the first public use of blockchain to facilitate international payments. Among the members there are National Australia Bank, TD Bank and Wizdraw (HK) of WorldCom Finance. More: https://dowbit.com/ibm-along-with-klickex-and-stellar-are-creating-a-universal-payment-system/
4) Among SEC representatives, Bitcoin is a very delicate discussion topic which can raise multiple controversies. This time, usual SEC’s Investor Advisory Committee meeting has turned into explosive dialogue. The tension was caused by one representative saying that Bitcoin bubble is real. More: https://dowbit.com/sec-committee-bitcoin-bubble-is-real/
See you tomorrow!
Cryptocurrency news – October 16
Dowbit.com is an international information service about cryptocurrencies.
1. Residence in Notting Hill only for Bitcoin
2. Russia will issue ‘CryptoRuble’
3. South Korea will impose Bitcoin tax
1. Buyers wishing to purchase a residence in Notting Hill will have to be in hold of Bitcoins. The six-storey residence near Portobello Road is worth £17 million and will soon be available for sale. You will only be able to purchase it with Bitcoins. Most probably it is the first offer of this kind in London. More: https://dowbit.com/residence-in-notting-hill-only-for-bitcoin/
2. Recently, we’ve received various statements from Russian government. Both president Vladimir Putin and Russian Central Bank have issued statements on cryptocurrencies. Both of them were strongly skeptical about cryptocurrency development in Russia. Today we know that those words announced action, which can jumpstart the idea of national cryptocurrencies. However, the idea has taken a different turn than expected. More: https://dowbit.com/russa-will-issue-cryptoruble/
3. According to South Korean National Tax Service, authorities have discussed the possibilities of Bitcoin tax. Han Seung-Hee, commissioner of the National Tax Service proposed to lawmakers how to tax cryptocurrencies. Most likely, not only Bitcoin will be taxed but all cryptocurrencies. More: https://dowbit.com/south-korea-will-impose-bitcoin-tax/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Residence in Notting Hill only for Bitcoin
2. Russia will issue ‘CryptoRuble’
3. South Korea will impose Bitcoin tax
1. Buyers wishing to purchase a residence in Notting Hill will have to be in hold of Bitcoins. The six-storey residence near Portobello Road is worth £17 million and will soon be available for sale. You will only be able to purchase it with Bitcoins. Most probably it is the first offer of this kind in London. More: https://dowbit.com/residence-in-notting-hill-only-for-bitcoin/
2. Recently, we’ve received various statements from Russian government. Both president Vladimir Putin and Russian Central Bank have issued statements on cryptocurrencies. Both of them were strongly skeptical about cryptocurrency development in Russia. Today we know that those words announced action, which can jumpstart the idea of national cryptocurrencies. However, the idea has taken a different turn than expected. More: https://dowbit.com/russa-will-issue-cryptoruble/
3. According to South Korean National Tax Service, authorities have discussed the possibilities of Bitcoin tax. Han Seung-Hee, commissioner of the National Tax Service proposed to lawmakers how to tax cryptocurrencies. Most likely, not only Bitcoin will be taxed but all cryptocurrencies. More: https://dowbit.com/south-korea-will-impose-bitcoin-tax/
See you tomorrow!
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