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.
According to Bloomberg, Google searches for “buy Bitcoin” has exceeded Google searches for “buy gold.” Under Canadian Bill C-45, Canada is planning to legalize cannabis sales in 2018. IBM has suggested the use of blockchain to track marijuana supplies . Bitcoin developer Jimmy Song believes SegWit2x will be nuanced and that straight cancellation of 2x or full surrender by Bitcoin Core is highly unlikely . An unknown user killed the Parity library contract, freezing over 500k Ether . South Korean exchange Coinone has added Litecoin trading to it’s platform. CME Group has released contract specifications for Bitcoin futures trading. Support Daily Crypto: https://dailycrypto.io/support
Coinbase had 100,000 new users join after CME announcement to begin trading in Bitcoin futures . Roger Ver, CEO of Bitcoin.com commented on BCH “at the end of the day, it’s whatever cryptocurrency is most useful for people, that’s the one they’re going to use” . Blockchain.info will, like many others follow the chain with the most accumulated difficulty and refer to that chain as Bitcoin . The Ethereum network will continue to be mined using the current Proof of Work (PoW) Consensus Algorithm, but 1 out of every 100 blocks will be validated using the new Proof of Stake consensus algorithm . Argentina’s largest futures market, the Mercado de Termino de Rosario (called Rofex) is considering offering Bitcoin futures to its clients . Support Daily Crypto: https://dailycrypto.io/support
BitDegree is the world’s first blockchain-powered online education platform with token scholarships & tech talent acquisition. It is also a unique tool for businesses to recruit tech talent and shape global education to their needs. Think about it as Coursera and HackerRank merged together, powered by decentralized blockchain technology. Andrius Punta is the Co-founder & CEO of BitDegree. BitDegree: bitdegree.org Support Daily Crypto: dailycrypto.io/support
CryptoShuffler malware replaces wallet addresses copied to users’ clipboards with public keys belonging to a hacker . Popular cryptocurrency hacks and scams include: Deceitful URLs Misleading or Fraudulent Token Sales Hijacking Web Browsers or Processing Power for Mining Tokens According to segwit.party, OB1, Civic and Bitso have pulled out of the New York Agreement for the SegWit2X hard fork . A bill has been submitted to the Ukrainian parliament to amend the country’s tax code to exempt cryptocurrency income and profits from taxation . On an interview with Bloomberg TV, Goldman Sachs Chairman & CEO Lloyd Blankfein says that he is open to the cryptocurrencies . China’s top bitcoin exchanges are now shifting to the over-the-counter (OTC) markets due to strict Chinese regulations . OKEx and Huobi Pro plan to introduce peer-to-peer trading platforms that support fiat currency transactions as an alternative for the country’s domestic cryptocurrency investors . Support Daily Crypto: https://dailycrypto.io/support
The United States Securities and Exchange Commission’s (SEC) issued an investor alert on celebrity endorsements of ICO’s. Credit Suisse CEO Tidjane Thiam believes that Bitcoin is in a bubble because it is being used as an investment rather than a currency. Chinese cryptocurrency exchanges are moving to nearby Asian countries with friendly regulations. In Regulation News: * Central Bank of Kenya (CBK) – CBK and Capital Markets Authority are planning to meet in early 2018 to discuss fintech and cryptocurrency regulations. * Central Bank of Swaziland (CBS) – CBS Governor Majozi Sithole claimed that the central bank is advancing research on cryptocurrency technology. * Reserve Bank of Australia’s (RBA) – RBA has acknowledged that attempting to regulate core protocols relating to cryptocurrencies Is unlikely to be effective because of the fluidity of cryptocurrencies such as bitcoin across borders. * New Zealand Financial Markets Authority (FMA) – FMA has considered all tokens to be securities, even non-financial products. NOTE: This is an emergent and evolving highly technical space. You should understand how involvement in this space impacts you and acknowledge all risks before participating or implementing any recommendations.
Coinbase added mobile application updates and an update on the Segwit2x hard fork on November 16th. According to a Whois Lookup, the domains amazonethereum.com, amazoncryptocurrency.com and amazoncryptocurrencies.com were recently registered and are linked to Amazon Technologies, Inc. . The rise in popularity of ICO’s has brought many scammers into the space. It is important to understand and evaluate an ICO before considering to invest [try this guide] . Joseph Lubin commented about Amazon, Google and Apple, having no sure signs of a major relationship with Ethereum technology “Apple seems to be largely uncaring and unaware. Google is making investments, but it’s not clear that they have lot of activity going on” . NOTE: This is an emergent and evolving highly technical space. You should understand how involvement in this space impacts you and acknowledge all risks before participating or implementing any recommendations.
ULedger is a Boise, ID based blockchain firm that provides trustless, independent certification of data content at a point in time tied to a particular identity. Accomplished via Blockchain, ULedger creates an audit trail that can never be changed and consensus of the truth of the content through multiple versions of the audit trail created among many nodes. Josh McIver is the Co-Founder & CEO and Taulant Ramabaja is the Co-Founder & CTO of ULedger. ULedger: https://uledger.co Support Daily Crypto https://dailycrypto.io
Today marks 9 years since Satoshi Nakamoto released the Bitcoin white paper called “Bitcoin: A Peer-to-Peer Electronic Cash System.” The governor of the central bank of Taiwan suggested that anti-money laundering regulations cover Bitcoin . The Winklevoss twins could be the world’s richest celebrity Bitcoin holders, reportedly holding 1% of the bitcoin supply . CNBC’s Brian Kelly 3 reasons to invest in Bitcoin . Freelancer.com reports 82% growth in blockchain and cryptocurrency jobs during the 3rd quarter . The hard fork part of the New York Agreement is scheduled to take place within about two weeks . Support Daily Crypto: https://dailycrypto.io/support
PayPal co-founder Peter Thiel believes that Bitcoin could be digital gold . Warren Buffett commented on bitcoin being in a bubble "You can’t value bitcoin because it’s not a value-producing asset" . In a CNBC interview Ethereum co-founder Joseph Lubin “it makes externalities tangible so you can trade them” . There are now more than 120 hedge funds focused on bitcoin and digital currency with over $2.3 Billion in assets under management . Central bank of South Korea announced that they would consider Bitcoin as a commodity rather than a currency . Support Daily Crypto: https://dailycrypto.io/support
Coinbase will call the chain with the most accumulated difficulty Bitcoin after the Segwit2x Hard Fork . GDAX announced a security update for API traders that allows IP address whitelisting for API keys . BTC China announced it will shut down the exchange and stop providing withdrawal services on October 30th . Singapore’s central bank announced they will NOT be regulating cryptocurrencies and will be collaborating Hong Kong . Algeria’s 2018 Finance Bill states transfer or ownership of Bitcoin and other cryptocurrencies will become illegal in the country . Bankera announced its ICO scheduled for November 27th . Support Daily Crypto: https://dailycrypto.io/support
Steve Wozniak supports bitcoin and blockchain technology as he took the stage to discuss at Money20/20 in Las Vegas . Interest in Ripple has grown as it has partnered with banks and financial institutions around the world . Lack of an official national currency in Zimbabwe has led to demand for new valuation on bitcoin upwards of $10,000 per coin . Russian President Vladimir Putin has mandated new regulations around cryptocurrencies . Bank4YOU Group will launch an ICO campaign on October 26th to accelerate its service rollout across Africa, Asia, and Latin America . Cboe Global Markets Inc is also planning to launch a Bitcoin ETF either later this year or early in 2018 . The Bitcoin Gold hard fork segment is derived from howtotoken.com. Support Daily Crypto: https://dailycrypto.io/support
Cointal, the first multi-cryptocurrency peer-to-peer marketplace launched today . MasterCard announced their B2B payments blockchain technology-based payments network . Australian University of New South Wales (UNSW) and a Blockchain startup are piloting an Ethereum-based rewards programs for students . LedgerX reached $1 Million in trading volume within one week of their soft launch . The GDAX exchange is integrating Quantconnect’s trading algorithm features onto their platform . European Central Bank president Mario Draghi states Bitcoin and other cryptocurrencies aren’t mature enough to consider for regulation . Support Daily Crypto: https://dailycrypto.io/support
Bitcoin just hit a new record high of just over $6,000. Bitcoin creator Satoshi Nakamoto is now the 247th richest person in the world . Australian tech entrepreneur Craig Wright admitted he’s not Satoshi Nakamoto . 49% of the 23,000 CNBC survey respondents agreed that Bitcoin will reach $10,000 and above . United Kingdom’s Financial Conduct Authority (FCA) reports bank discrimination against distributed ledger technology (DLT) firms . Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz reports that tokens may “transform” from securities into commodities . Cryptosis, an addition to cryptocurrencies . Support Daily Crypto: https://dailycrypto.io/support
Goldman Sachs has advised clients to beware of cryptocurrencies and still favors gold . Adam Newbold launched a project for translating the Bitcoin Whitepaper to Braille  [Bitcoin White Paper in Braille]. Financial analyst and founder of fundtrat Tommy Lee explains why he believes bitcoin will reach $25,000 within the next five years . Starting in 2018, Australians will no longer have to pay goods and services tax (GST) on cryptocurrency purchases . U.S. Attorney General Jeffrey Sessions is concerned about the use of bitcoin on the dark web . Unikrn, a blockchain-powered platform aims to disrupt the esport gambling industry . Support Daily Crypto: https://dailycrypto.io/support
Coinbase is participating in HackerOne’s Hack The World program providing winners with rewards up to $10,000 . Bitcoin communities in South Korea, Brazil, and Argentina are opposed to the Segwit2x Bitcoin hard Fork . Bitshare has updated its BitShares-Core system bringing fixes to handle the events of Black Swans . Norbloc, a blockchain startup focused on know-your-customer (KYC) solutions has raised $1.6 million in a new seed funding round . Joe Pindar, director of strategy at security firm Gemalto argues that blockchain technology remains more important in the long term than any currency . Support Daily Crypto: https://dailycrypto.io/support