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Showing posts from February, 2018

PR: Education Ecosystem Announces Token Exchange Listings and Chance to Win Three Tesla Model S Cars

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Education Ecosystem (LiveEdu)   has announced that their Education token will be issued to crowdsale contributors and also listed on exchanges this week. CEO, Dr. Michael J. Garbade had this to say, “As ICO contributors know, due to legal restrictions we could not start work with centralized exchange listings until our ICO Round I was closed. This issue slowed us down but we have made progress with the help of our advisors. We have already closed deals with three exchanges where Education tokens will be listed, namely Bibox, Gate.io and Exchange 3. Exchange 3 will announce the listing themselves due to their policy. Our goal after these three listings is to get listed on two Tier 1
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Lawyers Discuss Challenges Posed by Cryptocurrencies During Divorce

Several lawyers have discussed some of the challenges that arise from cryptocurrency ownership during divorce. The anonymous nature of cryptocurrencies creates the possibility for spouses to accumulate wealth that is concealed from their partner. However, this often can lead to parties searching for “pots of gold” that don’t exist. Also Read:  Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Cryptocurrency Holdings Complicate Divorce Proceedings Several lawyers specializing in divorce have shared some of the issues that are now arising during the judicial separation process as a consequence of cryptocurrencies. One of the major challenges posed by cryptocurrencies is the ability for an individual to hide assets from their partner, owing to the anonymizing qualities of cryptocurrency. Toby Yerburgh, the head of family law of Collyer Bristow in the UK, recently told media that “Often in a divorce one spouse is looking for a pot of gold that doesn’t exist.
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Report: Crypto Miners Bought 3 Million GPUs Last Year

More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.   Also read: AMD Increases GPU Production to Match Crypto Mining Demand Rising Mining Costs to Slow Down Demand Over three million Graphics Processing Units (GPUs) have been sold to cryptocurrency miners last year, Jon Peddie Research announced in its latest report . The total sales of video cards have reached $776 million, according to the market research firm, which does not expect prices to go down in the near future. The study covers data from the top three producers of GPUs – AMD, Nvidia and Intel. Recently, Advanced Micro Devices acknowledged shortages of its Radeon cards because of their use in mining applications. The company plans to increase their production, as news.Bitcoin.com report
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Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’

This week the ‘bitcoin-friendly’ financial institution Silvergate Bank sold 9.5 million shares that raised a sum of $114Mn USD during the common stock sale. Some of the capital injection was provided by the venture capital firm Digital Currency Group who welcomed Silvergate Bank into the company’s growing list of partners and subsidiaries. Also read:   Indians Look to Buy Bitcoin Overseas as Regulations Tighten ‘Bitcoin-Friendly’ Bank Raises $114 Million in Private Placement Silvergate Bank is a financial institution that has bolstered bitcoin-based companies for quite some time. Silvergate was known for providing banking services to crypto-startups when other banks refused to work with those types of companies. According to the company, the bank has a relationship with fifteen cryptocurrency-focused businesses, and in April of last year, Silvergate collaborated with the blockchain surveillance company Elliptic. Moreover, back in 2014 the president and CEO of Silvergate Bank, A
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Bill Gates Says Crypto Has Caused Deaths in a Fairly Direct Way

One of the world’s most affluent persons, Bill Gates, appears to have bought in to the rhetoric of popular media and government law enforcement accounts. Recently, Mr. Gates and his wife submitted to a Reddit Ask-Me-Anything (AMA), and Mr. Gates’ gave some unusual views on cryptocurrency.   Also read:   How To Regain Control From Nanny Zuck Bill Gates Was Once Pro Crypto The popular social media billboard platform, Reddit, is famous for its innovative feature, Ask-Me-Anything (AMA). It’s a freewheeling, open (mostly) question and response thread placing constituents or fans in near direct contact with the connected, famous, powerful. Microsoft founder Bill Gates, 62, for close to a quarter century has occupied the title of  Forbes ‘ richest person in the world. Estimates in the many tens of billions float about Mr. Gates, as he’s since retired from active corporate and software development duty and instead developed into a philanthropist of the first order. Indeed, he and notoriou
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British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators Bust Bitcoin Drug Ring at Naval Academy Amsterdam Bitcoin Mule The Dutch Public Prosecutor has demanded that the court give a 38-year-old British man five years in prison for allegedly laundering about €11.5 million in bitcoin between 2014 and 2016. This money is suspected as originating from illegal drugs deals and the trade of other prohibited goods on dark web marketplaces, the Public Prosecutor said on Wednesday. According to the allegations, the man living in Amsterdam profited by taking bitcoins from his clients and exchanging them for fiat cash, charging an “unusually high” commission of between 5 to 8 percent. This hefty commission was the price customers paid for
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Swiss Stock Exchange Chairman Advocates National Cryptocurrency

The chairman of Switzerland’s stock exchange, Romeo Lacher, has spoken in favor of developing a Swiss national cryptocurrency. Mr. Lacher suggested that the proposed “e-franc” would provide a boost to the Swiss economy, in addition to comprising a payment system offering benefits over traditional systems. Also Read:  Chinese Entrepreneur Warns Against Mining and ICO Bans   Swiss Stock Exchange Head Advocates Development of “E-Franc” Robert Lacher, the head of Switzerland’s stock exchange, has spoken in favor of the development of a Swiss national cryptocurrency backed by the country’s central bank. Mr. Lacher stated his belief that “there would be a lot of upsides” to developing a state-administered cryptocurrency, adding that the stock exchange “would be strongly supportive” of any initiative in favor of such. “An e-franc under the control of the central bank would create a lot of synergies — so it would be good for the economy,” Mr. Lacher said, adding “I don’t like cash.” Sw
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Forking Today; Bittrex’ Stance on Bitcoin Private Angers Zclassic Bagholders

In less than six hours, zclassic will fork to create bitcoin private, a new privacy-oriented coin that uses zk-snarks to obfuscate transactions. Holders of bitcoin and zclassic will both be eligible to receive bitcoin private (BTCP) on a 1:1 basis. There’s just one problem: 93% of all zlcassic (ZCL) is on Bittrex exchange, which until today had neglected to pass comment on whether it would support the fork. As the price of ZCL has dropped sharply, bagholders have expressed their anger at Bittrex’ slowness to act. Also read:   Bitcoin Private Fork Aiming to Make Bitcoin More Anonymous Bitcoin Private Angers the Public Bitcoin private has been a long time coming, with the fork of zclassic announced back in December of last year. Since then, traders have been steadily accumulating ZCL, causing its price to rise from $4 in early December to a high of almost $200. Everyone knew that ZCL would dump hard, but few expected it to do so before the fork. In the last 48 hours that’s what’s hap
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PR: Brahma OS Is the Decentralized Value Operating System Based on Revolutionary Blockchain Technology

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SINGAPORE – The advent of blockchain technology is provoking a revolution of the Internet of Value. In the blockchain world, Ethereum, NEO, EOS and other blockchain-based computing platforms exploit land to run applications. On this land, a variety of application chain of different functions spring up, for example: Rebo network for cross-border payment, CVC with the function of authentication and Distributed File System IPFS. However, in the world of the blockchain, there is a lack of infrastructure with multiple functions which offer a variety of decentralized services. Brahma OS aims to fill that void. What is Brahma OS? Taking the widely used mobile Android system as an entry po
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PR: Viola.AI Announces Worldwide Community-Choice Campaign for the Name, Look and Persona for the World’s Smartest Love Advisor

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The world’s first Blockchain & AI driven Marketplace for love, Viola.AI is the solution to the current dating and relationships challenges worldwide. She will be the first dating and relationship A.I. that evolves with the users to help them in the stages of dating, couple-hood to marriage. Viola.AI will serve users from helping people find love, helping romance blossom, and helping sustain the relationship right till their twilight years. The team of Viola.AI, who is also behind the dating giant Lunch Actually Group with over 14 years of success record and regional presence in Asia, has sold out their pre-sale 5 days early back in January 2018 and recently clinched The Investor
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Las Vegas Strippers Accept Bitcoin via QR Tattoos

There has been a lot of talk recently about the missing representation of women in the male-dominated cryptocurrency ecosystem. While Las Vegas strippers are not the representation some hoped for, they are an example of how bitcoin can help working women control their financial affairs and avoid potential problems with prudish banks. Also Read: Bitpay Bans Payments to Merchants of Explicit Content, Cloud-Mining and Gambling Bitcoin Dancers A Las Vegas news show has featured a segment on an adult entertainment venue in the city which enables its dancers to get payments from clients directly via bitcoin transfers. The use of the cryptocurrency was primarily showcased as a privacy enhancing measure (preventing your wife from seeing the payments on the credit card bills) as well as an attraction for affluent bitcoin investors. The Las Vegas strip club is called the Legends Room and we reported about its opening back in May 2017. The local news team interviewed the founder, Nick Blom
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