No, Bitcoin Cost Didn’t Fall Since a Minor Cryptocurrency Exchange was Hacked– Digital Coin Owner

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The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack ofCoinRail to be the culprit. Ho… Read More

Why blockchain is hot again in China with John Artman · TechNode

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Editor’s note: This originally appeared on Analyse Asia, a weekly podcast hosted by Bernard Leong, dedicated to dissecting the pulse of business, technology, and media in Asia. The podcast features guests from Asia’s vibrant tech community. John Artman, editor in chief from TechNode and host of China Tech Talk, joined us to discuss why blockchain is now hot again in China despite the ban on ICOs and cryptocurrency exchanges. We discussed the Chinese government’s recent enthusiasm in promoting the development of blockchain technologies, and the major applications that will emerge. Last but not least, we discuss how China’s development in blockchain might spur Chinese technology companies to go global. Listen to the episode here or subscribe. Here are the interesting show notes and links to the discussion (with time-stamps included): Why blockchain is hot again in China [3:37] Given that the Chinese government has banned ICOs and cryptocurrency exchanges, why is the story of blockchain becoming relevant in China again? [3:50] Why did the Chinese government banned the cryptocurrency exchanges given that bitcoin and ethereum are mainstream globally? [6:32] Where is the stage of development for China’s major blockchain players such as Neo and Qtum?  [8:46] What are the major applications …

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Litecoin will be an eco-system in the future. WallSt expert weighs in on exactly what Wall street is preparing.– CryptoYum

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Litecoin will be an eco-system in the future. WallSt insider weighs in on what Wall street is planning. submitted by /u/phreak303 [link][comments] READ FULL ARTICLE Read More

Bitcoin has lost more than half its worth since in 2015’s all-time high– Pingie.com

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On Sunday, the rate of Bitcoin continued to fall, losing 5 to 6 percent of its worth. According to CoinMarketCap, given that an all-time high of near $20,000 per bitcoin on December 17, 2017, the cryptocurrency has actually lost majority of its value, currently trading at around $7,200. Image thanks to: Cyrus Farivar Read More

No, Bitcoin Price Didn’t Fall Because a Minor Cryptocurrency Exchange was Hacked

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The Bitcoin cost has actually taken another huge dip over the weekend. Determining the precise reason for that advancement is not all that simple. Some people blame the hack of CoinRail to be the culprit. However, the exchange is a small platform with a less-than-great track record in South Korea. CoinRail Hack is Regrettable Whenever a cryptocurrency exchange is hacked, panic ensues. When it comes to CoinRail, the real effect on cryptocurrency markets is minimal. It was ranked outside of the top 80 by general trading platform. In addition, it mainly concentrates on trading smaller sized tokens with a low market cap and little market existence. With this information in mind, the hack of CoinRail is not essential for the major cryptocurrencies.Even so, some media sources gladly claim otherwise. It appears the cryptocurrency market has taken a nosedive. The connection with the Coinrail event, however, stays unproven and appears essentially non-existent. It is possible some of the taken funds from the exchange is converted to Ethereum or Bitcoin while doing so. That would represent limited amounts of either currency and can not activate a huge market sell-off. Alarming the cryptocurrency markets has actually ended up being worryingly easy nowadays . …