Market Update 6.17.18– Bitcoin Core Variation 0.16.1 is Formally Here

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Markey News Bitcoin Core Version 0.16.1 is Officially Here The highly anticipated latest version of Bitcoin Core (version 0.16.1) has been officially released. The new major version comes with a handful of new features and performance improvements, as well as bug fixes and updated translations. Interestingly, it has removed the miner block size recalling the infamous depreciation of the “blockmaxsize” option for miners. It was basically meant to limit their blocks’ sizes in the previous version. Moreover, the upgrade directly affects wallets that were created in 0.16 and later. It is also worth noting that they are not entirely compatible with previous versions and, more importantly, will not work if minters try to utilize newly created wallets in older versions. According to Bitcoin Core developer Jimmy Song, the latest version’s most notable addition is none other than the “native SegWit support (bech32).” See the full report here. Embed from Getty Images CIA Neither Denies Nor Confirms Satoshi Nakamoto’s True Identity It holds true that the U.S. Central Intelligence Agency has been probing at the existence of Satoshi Nakamoto, the person (or perhaps a group of individuals) who is believed to be the developer behind cryptocurrency Bitcoin. Apparently, the agency has …

Bank Blockchain Budgets Increased by 67% in 2017

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The use of blockchain technology in the financial industry has seemed to be increasing recently, and proof can be found in a recent report by the US-based market intelligence company Greenwich Associates. Greenwich interviewed over 200 participants in the study over blockchain budgets, team sizes, use case exploration, key challenges and other issues to get its results. According to the report, companies in the financial services industry spent about $ 1.7 billion USD on blockchain in 2017, which is an increase of 67%. The number of companies that created a dedicated blockchain initiative doubled in 2017, while the report also has stated that “the typical top-tier bank” has approximately 18 employees working full-time on blockchain technology. Nearly 14% of the banks and other companies that were interviewed had said that they were successful in releasing a blockchain solution. The reduction of costs that comes with the use of blockchain technology is called “the biggest driver of blockchain investment,” although the study does mention that it can potentially be used for “creating revenue opportunities” and “shortening settlement time.” >>>Edgar Allan Poe and ‘The Raven’ Inspired the Qravity Blockchain Platform It’s estimated that nearly one in ten companies have a budget for blockchain that is …

Bitcoin, Ethereum Rally on SEC News; Charts Remain Negative – Trader Now

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Cryptocurrency News and Talking Points — SEC classification state that Bitcoin (BTC) and IG Customer Belief programs how customers are presently placed in a large range of cryptocurrencies and how positioning has actually changed over the recently– and positioning continues to look extremely extended. Bitcoin, Ethereum Rates Rally on SEC Classification According to the SEC’s William Hinman, the 2 biggest cryptocurrencies, Bitcoin and Ether, The BTC and ETH ruling imply that these tokens are allowed to be traded on unregulated exchanges while lots of ICOs may have a hard time to discover exchanges ready to host them. Bitcoin and Ether rallied on the news but the The CFTC is still investigating the cryptocurrency market over claims of market control, while the function of Tether is also under the microscope.Bitcoin, Ethereum Charts Remain Weak Bitcoin’s pullback to a current level of$ 6,570 still leaves the token over$1,000 lower than rates seen last Sunday and below the 20-, 50- and 200-day moving averages, a negative set-up. BTC is likewise battling different resistance levels– previously support levels– and requires to make a clean break above the$7,050–$ 7,250 zone to restore bullish belief. A relocation listed below Wednesday’s low around $6,130 opens the method …

Bitcoin May Close the Year lower Than Previous Expectations

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Forbes reports that their interactive Bitcoin Rate Estimator has actually been adjusted to show present truths in the bitcoins have actually been mined in a producing system that was coded to be increasingly hard with time. This means that theoretically, the volume of bitcoins in circulation is managed by the constraint put on mining making it a possibility that future value of the coin will be much greater than what it currently is. This is the reasoning behind investors hold Bitcoin at the wallets and the reason that core enthusiasts view the coin as long term assets.Since December when BTC cost peaked at almost $20,000 with transaction volume peaking in mid January, there has been a downward pattern normally described as corrections where financiers with no intention of holding unto the coin has actually generally sold off and contribute to its descent.La entrada Bitcoin May Close the Year lower Than Previous Expectations aparece primero en Crypto Economy.

Threats and benefits of regulating an exchange on Blockchain

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Expert Guest Post by Ian Gauci, Partner at GTG advocates & Afilexion Alliance. Human existence is marked by several instances which had a prolong and lasting impact and were predominately led by innovation. Within this context, the Maltese Government is seeing innovation in the regulation of new innovative industries so that it would be at the forefront of technologies such as digital ledger technology. Distributed Ledger Technology, of which Blockchain is a member, like the world wide web/internet, is a foundational technology and intrinsically can have foundational elements, regenerative elements as well as distinctively disruptive elements. This innovative technology might not only create novel niches of the economy, morph or eradicate existing ones but it can also change the social fabric of our society, putting the citizen at the heart of a decentralised and disintermediated ecosystem. Santander, which is one of the most prominent international banks, is one of the many institutions to embrace this technology and has launched a blockchain-based foreign exchange service that uses Ripple’s technology. The service, called Santander One Pay FX, uses technology developed by blockchain firm Ripple and is currently live in Spain, the UK, Brazil and Poland. Lately following the publication of the bills aimed …