Bitcoin Expert

Cointed: The Hottest Crypto ATM Provider Shares It All The crypto world, with all its freedom, risks and rewards, seems like something out of a western. Within this wild west-like world, see seeing a company committed to transparency and accountability to its community is a rare treat. But there are some who do it. If you missed the news, Cointed (a major crypto ATM provider and exchange) has just released its Transparency report . In it, you can find everything about their company structure, ownership as well as get the details surrounding their different businesses. Here, we’ll highlight the things you MUST check out from the report. If you want to learn about the company structure and ownership, check out this article . Want to learn more about Cointed and the future of money? Check out our full profile of one of the hottest crypto players out there! Crypto ATMs Cointed own a total of 120 crypto ATMs located in Austria, Italy, Hungary, Spain, Lichtenstein, Bangkok. They hav...

Turkish Football Team Buys Player With Bitcoin Harunustaspor, a Turkish amateur football team, just bought a player using bitcoin. The Bitcoin space might be struggling from a price and a sentiment perspective right now but that hasn’t stopped the flow of quirky news that’s become prevalent over the last six months or so, as the cryptocurrency and blockchain spaces have moved out from under the radar and into the mainstream. The latest report of this type has come out of Turkey, which (as many reading will likely already be aware) has had something of a turbulent relationship with cryptocurrency over the last few months. The BBC reported today that a Turkish football (soccer, for our North American friends) club has signed a new player using bitcoin. At the top tier of football in Europe, when a club says they have acquired a new player through purchase or transfer, it normally means that the club in question has paid another club for the player that’s being transferred. That’s n...

Rent A Rig And Mine Any Coin You Want With Rent A Hash If you are looking to get into the cryptocurrency mining game or you have a special project that requires additional hashing power, Rent A Hash is the kind of service you are looking for.  Rent A Hash is a professional mining platform that allows you to rent hashing power as it becomes available on the platform for the period of time you need to achieve your goals. You will not have to deal with setting up rigs, importing machines or GPU cards, renting and maintaining warehouses, securing the site or paying the bills. You can get all the advantages of having a rig without the work involved with a reliable hash power supplier. How Does Rent A Hash Work? If you are looking to rent a rig, here is how Rent A Hash works: Open your account at https://rentahash.io/ Login and start looking for the kind of rig you would like to rent from the list. You can organize your search according to several categories, including speed, price...

Coinfirm Gets Over 16k ETH in Token Sale and Adds Internationally Recognized Joey Garcia to Advisory Board January 31, 2018 – Leading token sale advisory firm TokenMarket has supported Coinfirm , a global RegTech enterprise focused on anti-money laundering for Blockchain, to sell $19 million worth of AMLT Tokens . Combined with its successful Token Sale, Coinfirm has also announced today it has added one of the industry’s most renowned lawyers, legal pioneer Joey Garcia. Garcia of Gibraltar law firm powerhouse ISOLAS joins an advisory board of the leading regtech company that already includes veterans of the world’s largest banking and software companies. He further has been recognized as one of the 12 best blockchain lawyers in the world by Chambers and Partners for helping shape the regulatory environment. Pawel Kuskowski, CEO and Founder of Coinfirm, said: We are delighted to be able to count on Joey’s deep knowledge and experience of the blockchain compliance and regulatory l...

Goldman Sachs Is Not Starting A Crypto Trading Desk, But They Did Invest In One Goldman Sachs’ CEO Leo Blankfein says Sachs will not be opening a crypto trading desk, even though the bank invested in crypto trading desk Circle in 2015. Leo Blankfein, CEO of Goldman Sachs , refuted the Bloomberg report that Goldman Sachs will be opening a crypto trading desk in an interview with CNBC , although the New York bank has owned a stake in a crypto trading desk since 2015. In 2015, Goldman Sachs’ principal investment strategy group , which invests specifically in technology companies, participated in a $50 mln funding round with Bitcoin-startup Circle Internet Financial. The deal closed on April 29, 2015, when Bitcoin (BTC) was trading at around $225.59, according to CoinMarketCap . By press time, BTC was trading around $10,040, about a 4400 percent increase from when Goldman Sachs invested in the Bitcoin-startup. Circle is made up of Circle Pay , which is a fiat money sending service...

Big Investors Coming: A New Decentralized Exchange Makes Plans to Lure Them All sponsored A projects bets on innovative hybrid protocol mixing Blockchain and proprietary centralized platform. The  Legolas project , founded in France in 2017, is going to launch an innovative cryptocurrency and fiat exchange in Q3 2018. Despite its relatively recent emersion on the Blockchain startups map, the Legolas Exchange has definitely made a splash, having raised over 1,500 BTC (about $15 mln) during its private sale that was closed at the beginning of 2018. Previously, in November 2017, the project team announced a partnership with the Makor Group, an international brokerage firm specialized in cash equities, fixed income, derivatives and FX. Forecasting a huge catch Together, Legolas Exchange and the Makor Group plan to build the first regulated and secure cryptocurrency exchange corresponding to the needs of institutional investors. Over the last 10 years, institutional money managers ...

Samsung ASIC Chips - Positive News for Miners Samsung’s foray into ASIC chip manufacturing is good news for the global mining community. Technology giants Samsung are said to be entering the cryptocurrency world in a move that has positive ramifications for miners at large. As reported earlier this week in Korean news outlet The Bell , the South Korean conglomerate will produce Application-Specific Integrated Circuits (ASIC) processing chips in its own foundry in a deal with Taiwanese manufacturer TSMC. Ironically, TSMC provides the ASIC chips used in Bitmain’s Antminers, but it’s new partnership with Samsung could well provide the first real competitor to Bitmain’s chip manufacturing ventures. Bitmain’s stranglehold Chinese mining giant Bitmain has long had a monopoly on the mining community. Having developed ASIC chips, Bitmain quickly turned the Bitcoin mining game on its head. ASIC miners, which are highly efficient at solving the SHA256 algorithm used to confirm transactions...

Media’s Role in Blockchain and Crypto, Interview With TechCrunch’s Mike Butcher Cointelegraph caught up with the experienced Tech Journalist, Editor-at-Large at TechCrunch Mike Butcher to talk about the World Economic Forum in Davos, media coverage of crypto, and highlights on Blockchain development. Cointelegraph had a chance to work together with different incredible media at the World Economic Forum in Davos. We were exchanging ideas, feedbacking on events, chasing speakers together to get an interview. But with one colleague we just couldn’t help making an interview ourselves- Mike Butcher is the one who set a trend of quality for tech journalism, the one who made first steps of media covering the development of Blockchain and crypto, the editor-at-large at TechCrunch. We discussed with Mike the media’s role in the digital economy and media driven market volatility, the modern reporter’s responsibility to the market and their readers, as well as his work in reporting on Telegra...

South Korea Ends Anonymous Cryptocurrency Trading, Exchanges to Finally Add New Users As of Jan. 30, South Korean cryptocurrency traders will no longer be able to trade cryptocurrencies like Bitcoin and Ethereum anonymously. As of Jan. 30, South Korean cryptocurrency traders will no longer be able to trade cryptocurrencies like Bitcoin and Ethereum anonymously. Last week, major cryptocurrency exchanges in the local market including Korbit and Bithumb announced that starting Jan. 30, anonymous traders will be prohibited from investing in the market. Beginning today, investors are required to undergo a rigorous verification process to invest in the market. The Korbit team said in a statement obtained by Cointelegraph: “Non-Korean nationals, both resident and non-resident, will not be allowed to deposit KRW at any domestic cryptocurrency exchanges when the new KRW deposit method is implemented. In order to comply with the identification and anti-money laundering regulations bei...

Blockchain Startup to Bring a Casino Platform You Don’t Need to Trust sponsored ‘Don’t trust us; trust the code’: The company aims to overcome the obstacles plaguing the gambling industry, even in the decentralized world. Gambling has been part of human history since the very beginning and its reputation never really has improved over time. The arrival of Blockchain technology might truly make a difference. SP8DE, a new Blockchain-based gaming project, aims to bring a platform capable of supplying unbiased public randomness for developing and running casino apps. No more trust issues SP8DE is built on Ouroboros, the POS protocol underlying Cardano Blockchain. The company intends to overcome the obstacles plaguing the gambling industry, even in the decentralized world. First, each block has to be mined which can cause delays in the settlement of values, something no casino can afford if they want to keep their gamblers happy in the highly competitive industry. Blockchain settlemen...

Venezuela Says Crypto Mining Now ‘Perfectly Legal,’ Announces Petro Presale While announcing Petro coin presale, Venezuela has dramatically U-turned on its cryptocurrency mining policy, announcing it is now “perfectly legal”. Venezuela’s government has said cryptocurrency mining is now “completely legal” as it plans the presale of its Petro coin for next month. In comments during a TV address quoted by local news outlet TeleSur, the country’s newly-dubbed ‘cryptocurrency superintendent’ Carlos Vargas confirmed that citizens mining Bitcoin and other cryptocurrencies were not breaking the law. Last year, Venezuela made headlines on several occasions after reports emerged that police were cracking down on mining operations, accusing those involved of sapping power from the national grid. “It is an activity that is now perfectly legal,” Vargas announced in a dramatic U-turn. He continued: “We have had meetings with the Supreme Court so that people who have been victims of seizures...

Over 1 Mln People Sign Up For Early Access To Robinhood’s Zero-Fees Trading Service Zero-fee crypto trading could really throw a cat among the exchange pigeons as Robinhood breaks the mold. One of the biggest gripes in the current crypto space, especially with the most popular Bitcoin being at the helm, is the expensive fees that are part and parcel of trading. Robinhood, however, took the whole scaling issue and flipped it on its head simply by offering zero-fees . It is a bold move by the mobile trading app, and the one that immediately challenges the hegemony of the major exchanges that currently rule the crypto space, such as Coinbase . Coinbase and other major exchanges are not fully decentralized , and they are using their power to hold a monopoly over the space. So, when a company like Robinhood comes in, using equally centralized methods , but methods that take away this power from those at the top, perhaps this is a revolutionary idea. Zero-fees are certainly enticing C...

Bitfury Launches New Software To Fight Bitcoin Crime Blockchain tech group Bitfury launches Crystal — a software stack designed to fight crime that involves Bitcoin. Blockchain  tech group Bitfury , founded in 2011 as a Bitcoin mining  company, has launched a software stack called Crystal that is designed to help fight crimes involving Bitcoin , according to a press release issued Tuesday, Jan. 30. Crystal will allow users to detect and examine criminal activity that takes place on the Bitcoin Blockchain and avoid interacting with coins that are associated with illegal transactions. Crystal’s free demo version is available for individuals starting Jan. 30, while a full version for corporate clients will begin shipping in March 2018. According to Bitfury, it took about two years to develop Crystal. The company set out in 2015 with the idea to provide a tool that would help financial and government institutions fight against criminal activity committed with Bitcoin. “Th...

Blockchain Platform to Offer Effective Identity Management and Enhance KYC Procedures sponsored Blockchain technology could enable the possibility of data control and proper identity management by their real owners. Blockchain technology has enabled the possibility of data control and proper identity management by their real owners. It is this technology that Persona , a start-up, has employed in order to ensure that users achieve hassle-free identity management, signing-on for all websites through its single channel. Hosting individual data using the Persona platform could offer individual owners the ability to have total control of their data in a granulated manner. This implies that unlike what is currently obtained, identity owners will be able to determine the level of information that they share per time with any given network. Conquering existing limitations Data governs the digital world and every day millions of individuals share their personal details in order to gain a...

Turkey: Football Chairman ‘Proud’ To Hire Player For Bitcoin In New First Turkish football club continues Bitcoin sports trend by signing player to be paid in Bitcoin, despite uncertain regulatory environment. Turkish football team Harunustaspor announced Tuesday, Jan. 30, that it will pay a player partially in Bitcoin (BTC) , local news outlet CNN Turk reports . As chairman of the amateur club Haldun Şehit told CNN Turk, the move was completed to hire 22-year-old Omar Faruk for 2000 lira ($528) in BTC and 2500 lira ($661) in cash. OFFICIAL: Turkish amateur side Harunustaspor have signed 22-year-old Omar Faruk in return for Bitcoin. pic.twitter.com/zAt4LJrIVB — SPORF (@Sporf) January 30, 2018 The move is likely a first in semi-professional sporting circles for player hiring. It follows a bigger move in December in which Bitcoin Suisse opted to pay Denmark club Rungsted Seier Capital’s top player exclusively in Bitcoin , as part of a three-year sponsorship deal. Referring to the...

South Korea Government ‘Will Not Ban Or Suppress’ Cryptocurrency – Minister South Korea’s government has confirmed it has “no intention” of banning or “suppressing” cryptocurrency trading in fresh comments on the industry. ‘No Intention To Ban’ In comments Wednesday quoted by Reuters , finance minister Kim Dong-yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the country. Kim had faced a 200,000-strong petition demanding he be fired from his position after the comments, which along with those by justice minister Park Sang-ki, sent shock waves through cryptocurrency markets and sparked public outrage. “There is no intention to ban or suppress cryptocurrency,” he said. The confirmation may come as less of a surprise to some, as Seoul moves forward with regulatory improvements to the exchange sector at breakneck speed in recent weeks. In addition to tax and security obligations,...

Major Japanese Chat App LINE To Open Crypto Exchange For Its 200 Mln Monthly Users Popular Japanese chat app LINE, which boasts a monthly user base of 200 million, seeks permission to launch a new cryptocurrency exchange Major Japanese social messaging app LINE has announced today, Jan. 31, that it is launching its own crypto exchange and in-app trading space for its 200 million active monthly users. According to LINE’s official statement today, their application to operate a new cryptocurrency exchange is currently sitting before Japanese regulators. Japan began operating a licensing scheme for cryptocurrency exchanges in 2017. The government has seen approved over twenty exchanges joining what become a popular industry , involving several major corporations. In its official statement LINE said it was establishing a new company, LINE Financial Corporation, to serve as a base to “provide a variety of financial services, including a place to exchange and transact virtual currenc...

Multiple ‘Charlie Lee’ Imposter Twitter Accounts Promise Fake LTC Giveaway Multiple fake Charlie Lee accounts on Twitter promise free Litecoin to people that send them Litecoin. Twitter has seen an influx of “ Charlie Lee ” this week, with not just one, but multiple imposters posing as the Litecoin (LTC) creator and promoting a fake LTC giveaway. I am donating 180 Litecoin to the LTC community. First 60 transactions with 0.3 LTC sent to the address below will each receive 3 LTC to the address the 0.3 LTC came from LKGMCZZxp4hSCkwDQCuefBiwh93diTKt2z Don't miss out. Claim your LTC now! — Charlie Lee [LTC] (@SatoshiLitez) January 29, 2018 Most of the imposters are using Twitter accounts with names very similar to the real Charlie Lee, @SatoshiLite , such as @SatoshiLitez and @SatoshiLitee_ , whose Twitter profiles exactly match those on the real Charlie Lee’s page. The only thing that differs between these scammers is the amount of LTC being given away, ranging from 50 to...

Japan’s Popular Line Chat App to Launch Cryptocurrency Exchange Japan’s popular chat app, Line, has announced that they have filed to launch a cryptocurrency exchange within the app. While some countries are clamping down on cryptocurrency and exchanges, Japan has opened their doors. This had led to a marked rise in crypto-related businesses seeking to do business within the country. Of course, there are home-grown businesses looking to hop on board the crypto train as well. The latest to do so is Line, the popular chat app, who has filed an application to open up an cryptocurrency exchange within the app. Leveraging the Numbers This is a pretty interesting move, and one that could do quite well. Line is extremely popular, boasting 200 million active monthly users. The chat app already has a mobile payment service within the app, called Line Pay, that has 40 million users. Overall, Line Pay had a total transaction volume of roughly $4 billion in 2017. Line is leveraging their num...

Facebook Banning ICO Ads a Good Thing for Crypto Anyone that has spent any time on ‘the social network’ will be well aware that 80% of what you see there is digital dross. Facebook is renowned for disseminating clickbait, scams, fraudulent adverts, and malware. Finally, the company has made some moves to clean up its act where ICOs and cryptocurrency advertising is concerned. Both Facebook and Google have recently been caught getting paid for adverts to fraudulent websites. Just last week it was discovered that Google’s DoubleClick ad platform was propagating mining malware via YouTube. The ad revenue buck is the bottom line for these two monopolies it seems. Curbing Crypto Ads This week it was reported on CNBC that Facebook has announced that it would be banning all ads for ICOs and crypto in what it deems “financial products and services frequently associated with misleading or deceptive promotional practices.” The social media giant has yet to take action in banning con art...

Facebook Bans Cryptocurrency, ICO Ads Because Of ‘Deceptive Promotional Practices’ Social media platform Facebook has announced that it bans ads that use “deceptive promotional practices,” which apparently includes ICOs and cryptocurrencies. Facebook has updated its advertising policy, announcing in a blog post Tuesday, Jan. 30 that it prohibits ads that use “misleading or deceptive promotional practices,” which, according to the social media platform, includes ads of cryptocurrencies and Initial Coin Offerings (ICOs). The announcement claims that there are “many companies” that use Facebook’s platform to advertise financial products, such as binary options, cryptocurrencies and ICOs, but do so “[not operating] in good faith”. Because of that, the blog post continues, Facebook is going to make it “harder for scammers to profit” from a presence on the social platform by banning all such ads. The announcement also encourages the users to help police the community by reporting con...

Lydian Becomes First ICO to Accepts Bytecoin as Payment Method During Its Public Crowdsale Bytecoin (BCN) is the first cryptocurrency based on the CryptoNote technology, launched in July 2012, and is currently estimated to be valued at $1.2 billion on Coinmarketcap.com at the time of its release. BCN has partnered with Lydian to allow users to participate in the company’s public ICO that begins today. This is the first time the crypto community can use ByteCoin to purchase tokens on an ICO. “We are very excited about partnering with Lydian and letting our community participate in their ICO using ByteCoin,” said Jenny Goldberg from ByteCoin. Lydian, which has launched its public ICO today, is developing its own Whisper Network Protocol, the fastest blockless directed acyclic ledger that accomplishes scalability, security, and true decentralization as it achieves consensus at record speeds.   Lydian is a subsidiary of the DaVinci Marketing Cloud, a company that works with Fortu...

Bitfinex, Tether Get Subpoenas From US Regulators Bitcoin has reacted sharply to news Bitfinex and Tether received subpoenas from US regulators last week. Update: Nathaniel Popper, a reporter from New York Times, has claimed in a tweet that the subpoenas were delivered on Dec. 6 and not last week, according to ‘source familiar with the matter.’ Major cryptocurrency exchange Bitfinex and token issuer Tether have received subpoenas from US regulators as questions continue to arise about the latter’s ‘true’ value. As Bloomberg reports Tuesday, Jan. 30 quoting sources who opted to remain anonymous, Tether’s notional USD peg has come under increasing suspicion, with authorities “routinely” querying its legal providence. “We routinely receive legal process from law enforcement agents and regulators conducting investigations,” the publication quotes emailed statements from Bitfinex and Tether sent this week. “It is our policy not to comment on any such requests.” Controversy has sw...

eCharge Takes the Hard Work out of Charging Your Electric Vehicle As the popularity of both electric vehicles and cryptocurrencies is only set to increase, eCharge has a plan to stay ahead of the race. “The horse is here to stay but the automobile is only a novelty, a fad.” This is probably one of the most infamous quotes in technology, proudly declared by the President of the Michigan Savings Bank in 1903, who at the time was attempting to dissuade investor interest in Henry Ford’s automobile venture. There are many other well-known quotes made by sometimes well-known people about the future and what it holds. However, with the massive strides in technology happening every day, perceived fantastical ideas are more and more frequently becoming a reality, as is the case with electric vehicles (EV). The Continued Rise of Electric Vehicles As a viable alternative to traditional vehicles, EV owners can save on fuel and also decrease the vehicle’s carbon footprint in the global fight aga...