Coinbase CEO: ‘I’ve Come To Enjoy’ Bitcoin Price Lows

Coinbase CEO Brian Armstrong says he “enjoys” Bitcoin price downturns as it “distracts” those not “making progress.” Armstrong: Downmoon ‘Allows For Progress’ In a series of tweets aimed at the employees of the United States’ largest cryptocurrency exchange and wallet provider, Armstrong compared three cycles of Bitcoin prices from 2013, 2014, and 2017, respectively — noting the market leader’s “up and down cycles.” He commented: After many years of this, I’ve come to enjoy the down

The post Coinbase CEO: ‘I’ve Come To Enjoy’ Bitcoin Price Lows appeared first on Bitcoinist.com.

Walmart Awarded Patent for Blockchain Based Energy Management

A recent document released by the US Patent and Trademark Office (USPTO) reveals Walmart has filed a patent for managing demand on an electrical grid using cryptocurrency and blockchain technology. The patent was filed on December 13, 2017, and released by the USPTO on June 14, 2018. It shows Walmart has sought to protect its intellectual property for “Managing demand on an electrical grid using a publicly distributed transactions ledger.” The application is for a

The post Walmart Awarded Patent for Blockchain Based Energy Management appeared first on Bitcoinist.com.

Bitcoins Seized From Bankrupt BitGrail by Italian Authorities

Authorities in Italy have seized bitcoins from the company wallets of controversial exchange BitGrail as part of standard pre-bankruptcy proceedings. BitGrail was hacked in February 2018, with $170 million dollars’ worth of Nano stolen — which subsequently lead to a major price crash for the coin. BitGrail’s blog was updated today, June 15, 2018, with the following announcement: On June 5, 2018, pursuant to the Tribunal of Florence orders, the Bitcoins contained in the company’s

The post Bitcoins Seized From Bankrupt BitGrail by Italian Authorities appeared first on Bitcoinist.com.

Wells Fargo Halts Credit Card Cryptocurrency Purchases

Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit cards.  Joining the Ranks U.S. financial services company Wells Fargo and Company has announced that it will no longer allow customers to use bank-issued credit cards for cryptocurrency purchases. With this move, Wells Fargo joins the ranks of other major U.S. banks who have already prohibited the purchase of cryptocurrency with their

The post Wells Fargo Halts Credit Card Cryptocurrency Purchases appeared first on Bitcoinist.com.

COBINHOOD Planning New Decentralized Exchange Platform

Popular cryptocurrency trading platform COBINHOOD has announced plans to launch a new decentralized exchange platform (DEX) with financial backing from IDG Capital.  From CEX To DEX Cryptocurrency exchange COBINHOOD recently released plans for a brand new decentralized cryptocurrency trading platform called DEXON. This new project has significant financial backing from investment firm IDG Capital, which currently handles over $20 billion USD in assets. DEXON aims to become a big player in the banking industry and

The post COBINHOOD Planning New Decentralized Exchange Platform appeared first on Bitcoinist.com.

Huobi: ‘Our Dream is To Run on the Public Blockchain, Become a DAO’

Huobi Group — whose Huobi cryptocurrency exchange is in the global top three by volume — has announced the launch of the Huobi Chain Project (HCP), along with a $100 million USD funding plan to build a next-generation, autonomous, decentralized exchange platform.  Huobi CEO: ‘We Firmly Believe in a Decentralized Future’ Huobi Group announced today the launch of the Huobi Chain Project, along with $100 million USD in funding to build “a next-generation self-regulating and decentralized

The post Huobi: ‘Our Dream is To Run on the Public Blockchain, Become a DAO’ appeared first on Bitcoinist.com.

Bitfinex Survives DDoS Attack Hours After ‘Infrastructure’ Outage

US cryptocurrency exchange Bitfinex has recovered after a two-phase outage saw hackers launch a DDoS attack on its website. ‘Back To Normal Operations’ Updates on the exchange’s dedicated incident log confirmed the attack lasted approximately two hours, beginning around 13:00 UTC. In a fresh update, published at 16:40 UTC, officials announced the attack was over and the exchange was “back to normal operations.” Analyzing the events, Bitfinex acknowledged hackers had exploited earlier downtime due to

The post Bitfinex Survives DDoS Attack Hours After ‘Infrastructure’ Outage appeared first on Bitcoinist.com.

Tezos Launch Sees Investors Panic Over Lost Passwords

Tezos took investors by surprise again over the weekend as many appeared to realize they did not have access to a crucial password needed to claim funds.  Your Private Key Is Not Enough The issue, which has gained significant traction on social media, became apparent after Tezos developers announced an incoming beta release of the platform. As part of the announcement, developers requested those who contributed to Tezos’ July 2017 ICO to “verify” their stake

The post Tezos Launch Sees Investors Panic Over Lost Passwords appeared first on Bitcoinist.com.

No One to Blame for ASKfm’s Tragic Mt. Everest Expedition

A recent expedition to the summit of Mt. Everest, which saw the placement of ASKfm tokens at its peak, has ended in the tragic disappearance of a Nepalese guide. ASKfm, a cryptocurrency company centered around a global social networking site where users create profiles and can send each other questions, recently sponsored four cryptocurrency enthusiasts’ climb to the top of Mount Everest. As a promotional stunt for ASKfm’s initial coin offering (ICO), the climbers placed

The post No One to Blame for ASKfm’s Tragic Mt. Everest Expedition appeared first on Bitcoinist.com.

ASKfm Reaches New Peak, Scales Everest

As everyone knows, Bitcoin has had an ultra-impressive run. Now, initial coin offerings (ICOs) are the cryptocurrency space’s hottest offerings, thanks to their ability to provide high returns on investment. Having said that, not all ICOs are created equal. Some will barely reach the finish line, let alone shoot the moon. With investors always looking for “the next Bitcoin,” the race to take the next big ICO to the moon is already underway!  The Highest

The post ASKfm Reaches New Peak, Scales Everest appeared first on Bitcoinist.com.

Facebook Auto Publish Powered By : XYZScripts.com