How blockchain technology could revolutionize the markets

admin Blockchain, Blockchain News, Blockchain Start-Ups, blockchain technology, BlockChain Technology Opinions, CoinGreed, Crowdfunding, Crypto News, Digital Currencies, Investments 0 Comments

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SEC Details Reasons For ICO ‘Suspensions,’ Warns About Pump-And-Dump

SEC Details Reasons For ICO ‘Suspensions,’ Warns About Pump-And-Dump

admin Bitcoin Regulations, bitcoin scams, Blockchain News, Blockchain Start-Ups, ICO's 0 Comments

The US Securities and Exchanges Commission (SEC) has issued a warning about ICOs and reasons it could “suspend” them in future. A circular from the regulator’s Office of Investor Education and Advocacy Monday focuses on “potential scams involving stock of companies claiming to be related to, or asserting they are engaging in” ICOs. In the bulletin, the SEC highlights three reasons it could “suspend trading” for “public interest” if an ICO provider is found to have fallen short of the law. These are: “A lack of current, accurate, or adequate information about the company – for example, when a company has not filed any periodic reports for an extended period; Questions about the accuracy of publicly available information, including in company press releases and reports, about the company’s current operational status and financial condition; or Questions about trading in the stock, including trading by insiders, potential market manipulation, and the ability to clear and settle transactions in the stock.” The update follows legislative clarifications from the SEC last month, in which it stated it would look at tokens on a case-by-case basis to establish whether or not each constitutes a security under its jurisdiction. In an explicit nod to some of the more volatile tokens which have entered …

Bitcoin Price Might Exceed $1 Million, More Millionaires in World Than Bitcoins

Bitcoin Price Might Exceed $1 Million, More Millionaires in World Than Bitcoins

admin Bitcoin Entrepreneur, Bitcoin News, Bitcoin Price, Blockchain News, CoinGreed, The Future Of Money 0 Comments

START MINING BITCOIN NOW! – LIVE STREAM While sources differ on the number of millionaires in the world, Credit Suisse estimates the number at about 35 million. This figure accounts for all “financial and nonfinancial wealth,” including assets, collectibles, and homes. This is a remarkable number when compared to the total number of Bitcoins that will ever exist. While there are roughly 35 million millionaires in the world, there will only ever be a maximum of 21 million Bitcoins. That’s right–there will never be enough Bitcoins in existence for every millionaire in the world to own even a single one. Why is Bitcoin valuable? While you let that thought sink in, let’s consider what gives Bitcoin its value. Granted that there are numerous features we could cite, including a global network, an immutable Blockchain and a means to transfer wealth from one person to another without ever involving a middleman. These are all fine features, to be sure. But what really makes Bitcoin valuable are two properties: scarcity and authenticity. Digital scarcity Bitcoin has value for the same reason gold has value: people want it and there isn’t enough to go around. New gold can’t merely be created; one has to find a …

Quantum Computing Key to Secure Blockchain: Carnegie Mellon Chief Scientist

Quantum Computing Key to Secure Blockchain: Carnegie Mellon Chief Scientist

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While Blockchain technology is a relatively new innovation, it has been steadily gaining recognition recently. According to Gregory Shannon, Chief Scientist of Carnegie Mellon University, Blockchain is a technology that has now found its way out of the encryption community and into other sectors as well. He states that it will be ideal for the economic systems around the world and also the healthcare and medical industry. Quantum computing effects Although encryption of data is a rather safe mode of transferring data through several networks, quantum computing could allow a third party to break through the encryption which can be an actual threat to encryption technology such as Blockchain technology. However, Shannon believes that by the time quantum computing can be used for breaking encryptions, they would have already made a quantum-resistant protocol. To do this, they must also make use of quantum computing.  As long as the encryption is kept secure by the development of these security measures, data can be transferred without much risk of a breach. With Blockchain technology impacting so many parts of the globe, it is essential to make sure that the technology is very secure and safe because it contains information and important data of many people from around the world.