Ether price has climbed over $300 for the first time in couple of weeks. On September 27th, Ether price level traded consistently above $300, as reported by Coindesk. With fear coming from regulations (China's ban on domestic exchanges to trade bitcoin) and the consistent rumors of different countries launching their own domestic digital currencies (Denmark,…
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Blockchain research and development pioneer nChain and software provider Bitcoin Unlimited (BU) announced a joint Gigablock Testnet Initiative to test the bitcoin network's ability to handle significantly larger block sizes. This global test network is another step in nChain's growing collaboration with BU on initiatives to help achieve massive on-chain scaling of the bitcoin network.…
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Korea JoongAng Daily, a North Korean news publication, announced that North Korean hackers tried, but failed to steal Bitcoin from several domestic exchanges. According to the North Korean magazine, the hackers used "spear-phishing", which basically means that the criminals sent what looked like "innocuous" emails that actually contained malicious software that harmed the host's computer.…
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The Financial Times reported that Mizuho Financial Group and Japan Post Bank are forming a consortium to launch a domestic digital currency: the J-Coin. The idea is to make Japanese people less dependent on cash and fiat money. According to FT, the Japanese consortium plans to launch the financial innovation just in time for the…
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Angel’s List reported that cryptocurrency job opportunities have increased by over 100% from March up until now. As Bitcoin price levels are going up and down constantly, the hunger for cryptocurrency jobs is going up with a tremendous speed. According to The Next Web, the current pay for crypto jobs is around 10-20% higher than…
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Bitcoin has outperformed all other asset classes and investments possible, with cumulative annual growth of around 500%. Although the currency is fluctuating between $3,000 to almost $5,000 per coin in the last several weeks, it is undeniable that bitcoin has grown to tremendous values and the trend is expected to continue. With these statistics in…
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The State Duma, Russia’s lower house of the Federal Assembly, announced that it may initiate a special bill in October that will regulate the trade of digital currencies, as reported by Jens Kalaene at RT. As many other big “players”, like China, are now trying to get hold of the overwhelming popularity of cryptocurrencies, with…
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On Thursday, 21st September, Bitcoin is again falling down, experiencing a 6% loss and trading at $3,656, as fear is amassing as China announced the crackdown of the digital currency. Last week, as China announced that its domestic exchanges will shut down bitcoin trading, the price went down to $3,000. That was the biggest drop…
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As reported by Bloomberg today, Bitcoin is facing another possible split in November, which would mean that the world will have three different versions of the cryptocurrency. With the growing popularity of the currency, miners and developers seek new ways to diversify the increasing “hunger” of the population. One of the “Bitcoin gurus”, Roger Ver,…
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According to CoinDesk, the US Senate passed a $700 billion defense bill that includes a mandate for the Department of Defense to conduct a study on blockchain and the technology behind it. On September 18th, along with the US military defense spending budget, an amendment suggested by Senator Rob Portman of Ohio, proposed a potential…
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