Daily Crypto - Bitcoin, Blockchain, Ethereum, Altcoin & Digital Cryptocurrency World News
Summary: Daily Crypto is a daily update on digital currencies and the blockchain revolution. Tune in for daily updates on bitcoin, altcoins, exchanges, regulations, upgrades and blockchain developments. Visit us at dailycrypto.io or tune in anywhere you listen to podcasts.
The volume of LocalBitcoins in Venezuela has increased from around $9 billion to $40 billion Venezuelan bolivars . A hacking method has been revealed that is designed to steal Ethereum from senders via malware . JP Morgan uses Zcash integration zero-knowledge security layer (ZSL) on its Quorum blockchain . Bloomberg reports Wall Street support is the reason bitcoin price has increased . The Commodity Futures Trading Commission issued guidance for virtual currencies via LabCFTC in the form of a document titled, “A CFTC Primer on Virtual Currencies” . Brazil’s central bank president Ilan Goldfajn compared bitcoin to a pyramid scheme . Appia, a decentralized app store on the Ethereum blockchain launched it’s token sale today. Support Daily Crypto: https://dailycrypto.io/support
The Ethereum Byzantium hard fork was a smooth success today. The Bill & Melinda Gates Foundation released an open-source software to support efforts that expand access to financial services in developing countries . Cathie Wood, the CEO of ARK Invest, believes that cryptocurrencies will become so valuable and widespread in the future that it will lead to all money transfers becoming free . Numerous Bittrex users have been reporting the closing of their accounts for no apparent reason . The French Department of Finance has now recognized cryptocurrencies as an alternative form of payment . Eloplay, an eSports blockchain-based gaming platform with Smart Tournaments, launched it’s token sale today . Support Daily Crypto: https://dailycrypto.io/support
Adguard discovered 500 million people are mining cryptocurrencies without knowing it . The president of the World Bank, Jim Yong Kim compares Bitcoin transactions to Alibaba  [CNBC Interview]. UTRUST crowdsale was able to successfully secure $3.5 Million in private funding . Russia will issue its own “CryptoRubble” . An Ethereum Geth bug that could lead to a denial of access attack (DoA) has been found . FidentiaX is building the one of the world’s first marketplace for tradable insurance policies by disrupting the status quo by empowering policyholders to monetise policies on the blockchain . Support Daily Crypto: https://dailycrypto.io/support
Christine Lagarde, managing director of the International Monetary Fund (IMF) quoted “I think that we are about to see massive disruptions” . The Bank of Lithuania is opposed to cryptocurrencies . New York judge will revisit the Bitlicense case in 2018 . Gibraltar, a British Overseas Territory has published draft regulations for blockchain startups . As a digital payments platform Alt Thirty Six has turned to Dash as a “payment method of choice” . Support Daily Crypto: https://dailycrypto.io/support
JPMorgan Chase chief executive Jamie Dimon has said he won’t be commenting on bitcoin anymore . Coinbase announces instant Bitcoin, Ethereum and Litecoin purchases of up to $25,000 . The Ethereum byzantium hard fork is expected to occur on Monday, October 16th between noon and 1pm universal time (Ethereum Blog) . SALT, an Ethereum based service that provides blockchain backed loans has just been added to Open Market and ShapeShift . F2Pool a bitcoin miner that mines 10% of the blocks on the Bitcoin network has just dropped their support for the Segwit2x bitcoin hard fork . Support Daily Crypto: https://dailycrypto.io/support
Billionaire Michael Novogratz predicted that Bitcoin’s price is likely to be over $10,000 in six to 10 months . Trace Mayer predicts Bitcoin price will reach $27,395 in February of 2018 . Vladimir Putin stated “It is important not to create unnecessary barriers [on cryptocurrencies]” . Bitcoin.org released an announcement stating storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended during the hard fork in November . Support Daily Crypto: https://dailycrypto.io/support
The Russian Central Bank is working to block access to cryptocurrency exchange websites . Chinese mining operations may be shutting down and moving to new ventures . Lufthansa entered into a deal with Swiss startup Winding Tree, a decentralized business-to-business marketplace built on the Ethereum blockchain . Rumors arise that the Chinese government may have entered the cryptocurrency market with Ping An Bank Co., Ltd . Daniel Masters, a former global commodities trader at JPMorgan Chase commented on his support for cryptocurrencies . Support Daily Crypto: https://dailycrypto.io/support
Coinme.com launches 10 additional Bitcoin ATM’s . Slight panic arises towards the upcoming bitcoin fork this November . The CEO of Mastercard, Ajay Banga commented that non-government mandated cryptocurrencies are “junk” . Harvard business professor Kenneth Rogoff believes that blockchain technology will thrive in the long run, but that the price of Bitcoin will collapse . Pacific island nation of Vanuatu accepts Bitcoin payment for citizenship . Auctus reaches 959 ETH in October 3rd-6th ICO . Support Daily Crypto: https://dailycrypto.io/support
In The News: The amount of money raised on the Blockchain by ICOs, has surpassed $1.2 billion dollars this year . Cryptonetix will move its blockchain from WAVES to Ethereum . A Bitstamp user has confirmed being robbed of his bitcoins . GDAX and Bitfinex released statements on Bitcoin hard fork in November 2017 – users will have access to both chains  . The Ethereum blockchain is expected to undergo an upgrade called Byzantium on October 16th . Drivezy plans to accept bitcoin payment and launch ICO for nearly 18,000 ETH . Support us with crypto: Bitcoin: 1NEM9TGhqJwxJ7r6Qje3CsZXdoFYbxrKeF Ethereum: 0x9cbdc2155471042c33acb1d0cc4ff8b57e4fbf40 Litecoin: LRgccrhq3CAXwm4z16HUWmWHSwr4FPDPHx Visit us @ https://dailycrypto.io
In The News: Goldman Sachs CEO Lloyd Blankfein has said he’s “still thinking” about Bitcoin . LAToken announced they will hold the 2017 LAT Blockchain Economic Forum in New York City from October 31st through November 1st . Rumors have spread of a possible discovery of Satoshi Nakamoto . After the security failure of Equifax, reports indicate that the Trump administration is exploring alternatives to the standard means of identity . Japanese energy supplier Remixpoint has recently launched a new electricity service with bitcoin payments . BCH is expected to decline to $320 USD range . Get $10 worth of free Bitcoin from Coinbase > https://goo.gl/JS8ocN Support us with crypto: Bitcoin: 1NEM9TGhqJwxJ7r6Qje3CsZXdoFYbxrKeF Ethereum: 0x9cbdc2155471042c33acb1d0cc4ff8b57e4fbf40 Litecoin: LRgccrhq3CAXwm4z16HUWmWHSwr4FPDPHx Visit us: https://dailycrypto.io
In The News: Overstock.com launch a joint venture with tZERO, RenGen LLC and the Argon Group providing an Alternative Trading System (ATS) . The Trump Administration focuses on Blockchain technology adoption in government operations . Japan approved 11 companies to operate cryptocurrency exchanges in the country . The local government in Dubai has officially launched its own cryptocurrency called emCash . Hackers reveal a vulnerability in 2 factor authentication SMS interception for stealing bitcoins from a Coinbase account . German exchange Bitcoin.de will support Ethereum trading in the coming weeks . Get $10 worth of free Bitcoin from Coinbase > https://goo.gl/4LMrjB Support us with crypto: Bitcoin: 1NEM9TGhqJwxJ7r6Qje3CsZXdoFYbxrKeF Ethereum: 0x9cbdc2155471042c33acb1d0cc4ff8b57e4fbf40 Litecoin: LRgccrhq3CAXwm4z16HUWmWHSwr4FPDPHx Daily Crypto Report from dailycrypto.io.
News In Brief: James Altucher states Amazon will accept Bitcoin and Amazon could make the announcement as early as October 26th at 4pm . James Dimon, CEO of JP Morgan Chase warns gov. will ban Bitcoin; as he states cryptocurrencies are “worth nothing” to him . Legalizing Bitcoin in Malaysia could bring millions of new users . AngelList reports cryptocurrency job openings have doubled in the last 6-months . Coinbase launched Litecoin and Ethereum vaults . Charlie Lee comments there is no truth to China banning mining or network . Market 09-24-2017 13:10:00: BTC: $3,682 USD ETH: $285 USD LTC: $48 USD Get $10 worth of free Bitcoin from Coinbase > Support us with crypto: Bitcoin: 1NEM9TGhqJwxJ7r6Qje3CsZXdoFYbxrKeF Ethereum: 0x9cbdc2155471042c33acb1d0cc4ff8b57e4fbf40 Litecoin: LRgccrhq3CAXwm4z16HUWmWHSwr4FPDPHx In The News: James Altucher, a reputable American entrepreneur and venture capitalist announce via his paid subscription based newsletter that Amazon will accept Bitcoin. He states that Amazon could make the announcement as early as October 26th at 4pm. This comes after eBay expressing interest in accepting Bitcoin payment . Amazon web services has already been working with Digital Currency Group, one of the biggest investors in cryptocurrency technology . James Dimon, CEO of JP Morgan Chase warns governments will ban Bitcoin; as he states cryptocurrencies are “worth nothing” to him . During his interview in New Delhi India, he commented that cryptocurrencies are created “out of thin air” with no value but he failed to understand the same can be said about fiat money . Legalizing Bitcoin in Malaysia could bring millions of new users. In a short period of time, the country’s national currency declined by around 2 percent in value, and the central banks imposed strict capital controls, prohibiting any offshore trading of the Malaysian ringgit. Through the decentralized network of bitcoin, citizens of Malaysia will be able to send money back to their families offshore . AngelList reports cryptocurrency job openings have doubled in the last 6-months. During the first half of 2017 alone there was more money invested in cryptocurrency startups than in all of 2016 combined. The price run-up of Bitcoin and Ethereum in 2017 is attracting more people into the space for the first time, and the level of interest from the investor community is also at a record high . Coinbase launched Litecoin and Ethereum vaults for holding cryptocurrencies. The vaults add an extra layer of security such as a 48-hour withdrawal process with email confirmation requests
Japan now owns nearly 50% of crypto market share . JP Morgan reveals they are looking for a Blockchain Technician . ICOBox closed their token sale at nearly $16M USD . Vitalik Buterin suggests Ethereum will have visa-scale transaction capacity in two years . Pirate Bay founders launch ‘Njalla’ which offers anonymous domain registration for Bitcoin users. Ray Dalio, the founder of Bridgewater Associates, believes Bitcoin is in a bubble. Floyd Mayweather endorses Centra . SEMrush study suggests Bitcoin price has a 91% correlation with the volume of Google search requests for bitcoin-related terms . Get $10 worth of free Bitcoin from Coinbase. Support us with crypto: Bitcoin: 1NEM9TGhqJwxJ7r6Qje3CsZXdoFYbxrKeF Ethereum: 0x9cbdc2155471042c33acb1d0cc4ff8b57e4fbf40 Litecoin: LRgccrhq3CAXwm4z16HUWmWHSwr4FPDPHx Visit us: https://dailycrypto.io
In The News: Tommy Lee “Bitcoin Is The Best Investment.” Get $10 worth of free Bitcoin from Coinbase. Support us with crypto: Bitcoin: 1NEM9TGhqJwxJ7r6Qje3CsZXdoFYbxrKeF Ethereum: 0x9cbdc2155471042c33acb1d0cc4ff8b57e4fbf40 Litecoin: LRgccrhq3CAXwm4z16HUWmWHSwr4FPDPHx Visit us: https://dailycrypto.io