Monday, 26 February 2018

Northern Ireland Property Developer To Accept Bitcoin

Hagan Homes, among Northern Ireland's biggest residential property developers, will now be accepting Bitcoin (BTC) as a payment method, the Belfast Telegraph reported Feb. 22.
Jamesy Hagan, the managing director of Hagan Homes, said there's both an increasing international fascination with working, living, and purchasing Northern Ireland, in addition to a “significant growth in the usage of Bitcoin worldwide:”

Saturday, 24 February 2018

Bank of America Calls Bitcoin a Threat to Its Business as Coin Pushes Back Above ₦3,600,000 ($10,000)

Cryptocurrency enthusiasts are reacting to news that Bank of America Corp. (NYSE: BAC) now sees the digital currency space as a threat to its business.

In its annual 10-K filing, released yesterday, the nation's largest bank by deposits listed cryptocurrencies as a risk factor. The bank said crypto could affect its profitability and revenue levels in the future.

Friday, 23 February 2018

Las Vegas resident dragged to court for selling bitcoins on

A Las Vegas resident may be the first in the state to get arrested on charges of money laundering using bitcoin.

Morgan Rockcoons, 30, was detained at his home on Feb. 9 on charges of money laundering and operating an unlicensed money transmitting business for selling bitcoin to an undercover officer. Rockcoons will be arraigned Thursday in San Diego, California.

Rockcoons allegedly accepted $14,500 from the undercover officer in exchange for $9,200 worth of bitcoin.

Turkey, Iran follow Venezuela’s Petro footsteps, Set To launch State-Backed Cryptocurrencies

The governments of Turkey and Iran are  considering developing their very own government-backed digital currencies, following on the heels of the Feb. 20 pre-sale of Venezuela's national oil-backed Petro coin. Feb. 21,  following the Petro's launch, Iran's Ministry of Information and Communications Technology (ICT) tweeted that Iran's Post Bank is focusing on releasing a cryptocurrency:

Friday, 16 February 2018

Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit ₦14.6 Mln ($40,000,) 90% Of Altcoins Will Fail

The executive director of the Bitcoin Foundation Llew Claasen predicted that the buying price of Bitcoin will hit $40,000 by the conclusion of 2018, while 90% of other cryptocurrency projects will fail, Business Insider reported Feb. 15.

As Claasen stated at the Startup Grind conference which took place Feb. 12-14, this failure will undoubtedly be due to investors taking an excessive amount of risk buying cryptocurrency projects which later prove to be scams.

Wednesday, 14 February 2018

What is a DAICO?

What is a DAICO?

1. It’s an improvement on the ICO fundraising model that incorporates certain aspects of DAO’s.

 The idea was suggested by Vitalik Buterin in January 2018 and is aimed at making ICO’s more secure by involving investors in the initial project development process.

It will further enable token holders to vote for the refund of the contributed funds if they are not happy with the progress being made by developers.

Tuesday, 6 February 2018

What is Venezuela’s Petro? It’s socialism to bitcoin’s rescue

by Ramin Mazaheri
The simplest way to answer that question is: The Petro is a bond sale for foreign investors, with the proceeds going to pay the infrastructure costs required to implement the first-ever mass national adoption of crypto-currency.
Now that is a government taking on “good debt”, unlike the West’s banker bailouts….

Monday, 5 February 2018

How to Boycott China's central Government Ban on BTC/Altcoins or ICOs' Website

In September 2017, China banned both ICOs and cryptocurrency exchanges. Some of these businesses responding by relocating off the mainland to Hong Kong. Now, Sina reports, Chinese government plans to mitigate that by banning domestic and foreign “virtual currency exchange websites.”
Meanwhile, the South China Morning Post news site reported that after the terms, in Chinese, “bitcoin,” “cryptocurrency,” and “ICO” were searched on Chinese search-engine Baidu and microblog Weibo, no paid sponsored content came out alongside the expected organic results.

Friday, 2 February 2018

Highly Regulated, Gov. Issued Cryptos to Challenge Bitcoin in 2018?

Calls for cryptocurrency regulation were a resounding theme at the World Economic Forum in Davos last week. The world's most prominent financial institutions remain wary of going all in on cryptocurrencies, amid fears of future regulation leading the marketplace to tank.

Pressure Drives Crypto Markets Down Almost 20% (Fact Or ‘FUD’?)

All of the top 50 cryptocurrencies fell by as much as 18.05 percent in the 24 hours to press time, Thursday, Feb.1, as fresh volatility in Bitcoin undermines previous sideways growth.
Cross-exchange data from CoinMarketCap shows the broad copycat effect of Bitcoin’s drop on altcoin markets. Only six altcoins in the top 50 had made 24-hour gains at press time, with these nonetheless trending downwards.