While Bitcoin price levels have now bounced back to $4,080, up from all-time lows of $2,941, Pirate Bay is now testing a new strategy for mining cryptocurrency – using their visitors’ computers without asking for permission. The torrent website used a tool developed by Coinhive, a crypto miner, and tried to free the tracker’s site…
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Quantum computing may be the next big thing. The concept of quantum computing comes from the fact that unlike the bit in the classical silicon computer, which is basically a binary choice of either one or zero, a qubit (the core of quantum computers) will alternate between one, zero or a position of in-between these…
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Only a couple of days after China announcing the domestic ban of several exchanges trading bitcoin, the cryptocurrency is back with 30% price increase in several days. The news that the Chinese exchange bans will not really impact the overall cryptocurrency industry around the globe calmed the markets. Only in the afternoon today, September 18th,…
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Bitcoin trading specialist BitKan has postponed its major Blockchain Global Summit, and moved it from Beijing to Hong Kong, following last week's crackdown on all things cryptocurrency by Chinese authorities. China government officials indicated that they were going to close down all Bitcoin exchanges operating from the country, as well as ban all Initial Coin Offerings…
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After hitting historic lows of $3,000 in the last week, Bitcoin is now stabilizing its price level with rising $600 and gradually shaking away the China new cryptocurrency policies and JP Morgan's CEO slandering comments. According to CryptoCompare data from this morning, September 15th, the price of Bitcoin has risen with around 2% to $3,620.…
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Up until recently, national banks and governments enjoyed a full monopoly over people. With the rise of cryptocurrencies and the sharp rise in fintech, "people's currency" is becoming more and more popular around the world. However, the monopoly over money has become a serious issue for both institutions and big-time CEOs. As a result, the…
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SETL and four asset management firms announced today the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology. The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes,…
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As BTCChina announced that it will stop new users from registering from September 30th, the price of bitcoin fell down with $1000 since the start of the month. With speculation about the Chinese government banning all exchanges from trading bitcoin and launching their own cryptocurrency, and the comments of JPMorgan Chase CEO, Jamie Dimon, who…
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“Cashless India”, the Digital India Program of the Indian government, was announced over an year ago with the vision to transform India into a digitally empowered society and familiarize the country with digital currency and the future demise of cash. Thus, the Central Bank of India is currently looking into digitalizing the fiat rupee in…
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As of 2017, according to the Lawnmower Blockchain Index, blockchain assets outperform by far all global bond and stock indices, with +374% up as opposed to equities with +15.7% and bonds with +3.95%. At such growth levels and the overall bullishness of investors around the globe, it is no wonder that the cryptocurrency frenzy is…
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