Cryptocurrency news

• Bitcoin Tops 159 Individual Countries in Energy Consumption at $2 Billion Per Year

  04-02-2018 22:59 via newsbtc.com
  According to data consultant Alex de Vries and his Bitcoin Energy Consumption Index, the process of transacting with and mining the digital currency translates to huge real-world energy consumption. So much so that verifying Bitcoin transactions tops 159 individual countries in energy consumption. In total, the whole Bitcoin network spends almost $2 billion per year mining.
  As a refresher: Every Bitcoin transaction must be verified by a key group of users called miners. Using specializ
  
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• One Week Later: Update on the CoinCheck hack

  04-02-2018 22:00 via crypto-news.net
  January 26th marked the date when CoinCheck, a top performing Japanese cryptocurrency exchange publicly shared that they’ve been hacked. Soon after information was shared that Ripple and XEM were stolen, but the former was dismissed as additional info transpired that Ripple tokens were taken out of the exchange as a precaution.
  This is a follow up from a previous article, and we suggest reading that first if this is the first time you are hearing about the theft.
  At the time of writing the
  
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• Ehab: A Decentralized Platform for the Disruption of Housing Development

  04-02-2018 21:55 via newsbtc.com
  Through the Ehab platform, housing can become a people-led process which will result in more better livable places being built. The evolution of housing has kept pace with other technological developments throughout most of human history. Looking back, one can find consistent changes in the design of houses, which has shifted from being a basic shelter from the elements and enemies to palatial homes of comfort and great splendor, but only for those who can afford such luxury. As cities emer
  
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• Kingsley Advani: Blockchain Permits Young Crypto-Enthusiast Create Own Career Path

  04-02-2018 20:30 via newsbtc.com
  Last summer, 24-year-old Kingsley Advani set his sights on becoming a cryptocurrency king after seeing the once-in-a-lifetime returns the coins were bringing in. Inspired, Advani invested everything he had, $34,000, in cryptocurrencies like Bitcoin and startups working on related technologies. In six months, he watched his net worth balloon to seven figures.
  At a time when many people his age are trying to climb the ranks at their given employers, Advani has carved out his own prospects: Now wor
  
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• Betting on Superbowl…with Ethereum

  04-02-2018 17:41
  The post Betting on Superbowl…with Ethereum appeared first on CCN
  Tonight at 6:30 PM EST traders will tear themselves away from exchanges around the United States and turn on the Superbowl. It’s unfortunate, but if they miss it, there’ll be very little to talk about with their non-crypto friends on Monday. This year cryptocurrency professionals and enthusiasts around the world can combine their two loves with
  The post Betting on Superbowl…with Ethereum appeared fir
  
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• Cardano (ADA) Daily Analysis, February 4, 2018: Trades Inside Range

  04-02-2018 17:02 via newsbtc.com
  Key HighlightsCardano dropped 10.52% on Sunday morning to trade at $0.4386, as the majority of cryptocurrencies managed to hold on to intraday gains by the close. 
  Cardano finished the previous week on a downward trajectory, recovering from the previous week’s closing $0.418.
  There was a strong resistance at $0.52 levels through the previous week, which held Cardano back from testing $0.56 resistance levels.
  Cardano tested the $0.30 and bounced back following to hit the $0.52. Cu
  
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• R_Block Announces the Launch of New CVTokens for Blockchain Based Hiring Network

  04-02-2018 16:20
  The post R_Block Announces the Launch of New CVTokens for Blockchain Based Hiring Network appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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• Enron 2.0: How Cryptocurrency Could Lead to Another Meltdown

  04-02-2018 15:48
  The post Enron 2.0: How Cryptocurrency Could Lead to Another Meltdown appeared first on CCN
  Cryptocurrencies have changed the way we view economics. Cryptocurrency entrepreneurs have found ways to tokenize everything from time to real estate. What struck my attention most, though is the tokenization of power. Commoditizing power is nothing new. The idea has been around as long as electricity itself and the liquidity of this market led to great
  The post Enron 2.0: How Cryptocurrency Could Le
  
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• Credit Card Companies are Disallowing Users From Purchasing Cryptocurrencies

  04-02-2018 14:25 via feedproxy.google.com
  
  Major credit card issuers and financial service providers Citigroup, Discover, JPMorgan Chase, and Bank of America are disallowing their clients from purchasing cryptocurrencies with credit cards. This week, in an official statement provided to Bloomberg, Bank of America announced that both individual and institutional clients will no longer be able to invest in the cryptocurrency […]
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• BitFury Launches Blockchain Investigation Tool to Fight Bitcoin Crime

  04-02-2018 14:05
  The post BitFury Launches Blockchain Investigation Tool to Fight Bitcoin Crime appeared first on CCN
  Bitfury, a well-known industry group which started in 2011 as a Bitcoin mining company and has since grown into a multinational blockchain research group, has moved into the law enforcement space with the release of its new tool Crystal. The Crystal tool was designed with two main use cases in mind. The first of which
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• Can’t Even Trust the Admins Now – Employees of Seele Allegedly Steal $2 Million

  04-02-2018 13:35
  Seele claims that the admin accounts were impersonators.
  
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• Can’t Even Trust the Admins Now – Alleged Employees of Seele Steal $2 Million

  04-02-2018 13:35
  Seele claims that the admin accounts were impersonators.
  
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• (+) Cryptos Surrender Gains After Weekend Bounce; Ethereum Leads Decline

  04-02-2018 12:47
  The post (+) Cryptos Surrender Gains After Weekend Bounce; Ethereum Leads Decline appeared first on CCN
  The post (+) Cryptos Surrender Gains After Weekend Bounce; Ethereum Leads Decline appeared first on CCN
  
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• Malware Monero Miner Targets Google’s DoubleClick

  04-02-2018 12:18
  The post Malware Monero Miner Targets Google’s DoubleClick appeared first on CCN
  Trend Micro, a provider of security software, hardware and services, discovered a malvertising campaign on high traffic websites used by Coinhive, a JavaScript code that allows website admins to mine Monero with visitor’s CPUs. The attackers targeted Google’s DoubleClick, which provides Internet ad serving services for distribution, Trend Micro reported on its security intelligence blog.
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• XinFin unveils XDC, the hybrid Blockchain protocol; opens its utility token sale

  04-02-2018 11:29 via newsbtc.com
   
  XinFin opens token sale of it’s utility tokens, unveils the first of it’s kind hybrid blockchain XDC protocol
   
  Singapore based XinFin unveiled the first of its kind Hybrid Blockchain protocol architecture for enterprise adoption for global trade and finance market, opens sale of it’s utility tokens.
  (For Immediate Release) XinFin unveiled its Hybrid Blockchain network, powered by the XDC protocol. The XDC protocol enables real world enterprises to work with Blockch
  
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• Why Crypto Is Spreading Up the Dublin Coast

  04-02-2018 11:20
  The crypto landscape in Dublin has changed rapidly, and with an enthusiasm perhaps disproportionate to the city's scale.
  
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• LitePay and LitePal – Two New Litecoin Payment Processing Services on the Way

  04-02-2018 11:04
  LitePay is to launch this week, and LitePal later this year.
  
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• The Decentralized Web Just Might Need Databases, Too

  04-02-2018 10:45
  Bluzelle, which raised $19.5 million in an initial coin offering (ICO), says a decentralized version of structured databases would be more resilient.
  
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• South Korea Finance Minister: Cryptocurrencies are Necessary For Blockchains to Operate

  04-02-2018 10:09 via newsbtc.com
  Kim Dong-yeon, the Finance Minister of South Korea, firmly stated that cryptocurrencies as incentive systems are necessary for public blockchain networks to operate.
  “Blockchain technology can disrupt and revolutionize the world. But, for open-source blockchain networks, cryptocurrencies are necessary as incentives for individuals to participate in the network.”
  Yeon’s statement was released this week, following the official decision of the government to not ban cryptocurrency
  
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• SportyCo Sponsors La Liga Dream Team Espanyol

  04-02-2018 10:00 via newsbtc.com
  Football does not get a greater stage than La Liga, Spain’s best of the best. Attracting footballing legends from across the globe La Liga is home to some of the best teams on the planet. One such team, RCD Espanyol, has announced its new sponsor, blockchain sports financing company SportyCo.
  Barcelona’s RCD Espanyol is one of the top teams in the division, they are proud to announce a partnership with SportyCo. The team will have the opportunity to promote SportyCo to a global audie
  
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• SportyCo Joins Espanyol, The World’s Top Football Team, As Key Sponsor

  04-02-2018 09:44
  The post SportyCo Joins Espanyol, The World’s Top Football Team, As Key Sponsor appeared first on CCN
  This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. SportyCo, a technology project designed to reshape the world’s sports financing industry, has become the new sponsor of Espanyol, a mainstay of La Liga, Spain, and probably the world’s,
  The post SportyCo Joins Es
  
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• Music Meets Crytpo: Introducing the Virtual Currency Girls, Japan’s Latest J-Pop Sensation

  04-02-2018 09:27
  The post Music Meets Crytpo: Introducing the Virtual Currency Girls, Japan’s Latest J-Pop Sensation appeared first on CCN
  A new music group has captivated the Japanese Pop scene, and they’re capitalizing on cryptocurrency’s rising popularity in Japan to step out into the spotlight. Say hello to the Virtual Currency Girls, the eight-woman pop group derived from the One Hundred Constellations underground music collective.  Sporting eclectic outfits of maid uniforms and lucha
  
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• Bitcoin Price Weekly Analysis – BTC/USD Recovery to Fade Soon?

  04-02-2018 08:08 via newsbtc.com
  Key PointsBitcoin price declined sharply this past week and traded towards $7,500 against the US Dollar.
  There was a break below a crucial bullish trend line with support at $10,800 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX).
  The pair traded as low as $7,599 and it is currently correcting higher toward the $9,500 level.Bitcoin price is recovering after a major decline below the $8,000 level against the US Dollar. BTC/USD is struggling to move above $9,500 and it may move
  
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• Fighting for Bitcoin – Is Cryptocurrency Trading a Threat to Government Policies?

  04-02-2018 07:27
  The post Fighting for Bitcoin – Is Cryptocurrency Trading a Threat to Government Policies? appeared first on CCN
  The mere fact that Bitcoin is decentralized concerns governments at global scale because only a centralized system can be in full control. Mark Zuckerberg argued in a recent statement that the people once believed in the decentralized nature of technology. Over the years, they’ve lost faith because governments are now using it to manipulate the
  The post Fighting for Bitcoi
  
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• Ethereum Price Weekly Analysis – ETH/USD Facing Crucial Resistance

  04-02-2018 06:48 via newsbtc.com
  Key HighlightsETH price declined sharply this past week and traded as low as $740 against the US Dollar.
  There was a break below a major bullish trend line with support at $1,115 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
  The pair is currently correcting higher, but it is facing a major resistance on the upside at $1,020.Ethereum price is in a bearish zone against the US Dollar, but it is stable against Bitcoin. ETH/USD is currently recovering higher, but it is facing a crucial hu
  
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