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Major Japanese Department Store Chain Marui Accepts Bitcoin – Bitcoin News (press release)


Bitcoin News (press release)

Major Japanese Department Store Chain Marui Accepts Bitcoin
Bitcoin News (press release)
Japanese Department Store Chain Marui Accepts Bitcoin Marui is a popular chain of Japanese department stores that “features high end fashion brands and designers as well as boutiques,” according to the Japan National Tourism Organization (JNTO).

and more »


Bitcoin News (press release)

Major Japanese Department Store Chain Marui Accepts Bitcoin
Bitcoin News (press release)
Japanese Department Store Chain Marui Accepts Bitcoin Marui is a popular chain of Japanese department stores that “features high end fashion brands and designers as well as boutiques,” according to the Japan National Tourism Organization (JNTO).

and more »

Bitcoin Price Weekly Analysis – BTC/USD Eyes $3500

Key Points Bitcoin price overcame all odds of the Hard Fork and moved to a new high of $3328 against the US Dollar. There is a monster bullish trend line with support at $2800 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently moving lower, but remains well supported … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Eyes $3500

The post Bitcoin Price Weekly Analysis – BTC/USD Eyes $3500 appeared first on NEWSBTC.

Key Points Bitcoin price overcame all odds of the Hard Fork and moved to a new high of $3328 against the US Dollar. There is a monster bullish trend line with support at $2800 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently moving lower, but remains well supported … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Eyes $3500

The post Bitcoin Price Weekly Analysis – BTC/USD Eyes $3500 appeared first on NEWSBTC.

Ethereum Price Weekly Analysis – ETH/USD Resumes Trend

Key Highlights ETH price week after gaining bids this past week moved higher and broke the $237 resistance against the US Dollar. There was a break above a major bearish trend line at $226 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair recently traded as high as $263.22 and any dips … Continue reading Ethereum Price Weekly Analysis – ETH/USD Resumes Trend

The post Ethereum Price Weekly Analysis – ETH/USD Resumes Trend appeared first on NEWSBTC.

Key Highlights ETH price week after gaining bids this past week moved higher and broke the $237 resistance against the US Dollar. There was a break above a major bearish trend line at $226 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair recently traded as high as $263.22 and any dips … Continue reading Ethereum Price Weekly Analysis – ETH/USD Resumes Trend

The post Ethereum Price Weekly Analysis – ETH/USD Resumes Trend appeared first on NEWSBTC.

Bitcoin cash and the ‘civil war’ that is disrupting digital currency – South China Morning Post


South China Morning Post

Bitcoin cash and the ‘civil war’ that is disrupting digital currency
South China Morning Post
On Tuesday night, bitcoin cash, an alternative to blockchain technology-based bitcoin, made its debut. The split derived from a three-year “civil war” in the polarised bitcoin world over the technical direction in which the de-centralised
Bitcoin cash is crashingBusiness Insider
Bitcoin Market Cap Crosses $50 Billion Mark As BTC Price SurgesCoinTelegraph
Why Bitcoin Cash is a ‘House of Cards’CryptoCoinsNews
The Merkle –Mirror.co.uk
all 35 news articles »

South China Morning Post

Bitcoin cash and the 'civil war' that is disrupting digital currency
South China Morning Post
On Tuesday night, bitcoin cash, an alternative to blockchain technology-based bitcoin, made its debut. The split derived from a three-year “civil war” in the polarised bitcoin world over the technical direction in which the de-centralised ...
Bitcoin cash is crashingBusiness Insider
Bitcoin Market Cap Crosses $50 Billion Mark As BTC Price SurgesCoinTelegraph
Why Bitcoin Cash is a 'House of Cards'CryptoCoinsNews
The Merkle -Mirror.co.uk
all 35 news articles »

$150 Million – Crypto Asset Fund Offers Tokenized Securities ICO

kairos token logoRocky mountain Ayre Inc (OTC PINK: RMTN) in collaboration with Ocubicle Inc became the first companies in the crypto space to release a quantum deep learning Artificial Intelligence system that manages crypto assets funds.  Kairos (KRX) is the first of its kind crypto asset management fund that is completely driven by Artificial Intelligence. It is an exchange Traded Fund ( ETF) that is managed with Artificial intelligence from end to end. The objective of Kairos is to make more informed investments decisions and take better calculated risk while investing in the volatile crypto markets. This is achieved by the use of a

kairos token logo

Rocky mountain Ayre Inc (OTC PINK: RMTN) in collaboration with Ocubicle Inc became the first companies in the crypto space to release a quantum deep learning Artificial Intelligence system that manages crypto assets funds.

 Kairos (KRX) is the first of its kind crypto asset management fund that is completely driven by Artificial Intelligence. It is an exchange Traded Fund ( ETF) that is managed with Artificial intelligence from end to end. The objective of Kairos is to make more informed investments decisions and take better calculated risk while investing in the volatile crypto markets. This is achieved by the use of a very sophisticated A.I system also called Kairos. It is predictive by nature, and analyzes mass data sets with incredible speed and accuracy. The Kairos A.I manages the Kairos Fund by optimizing and harnessing the vast investment potentials available in the crypto markets. This Artificial Intelligence investment system had been in development for about 3 years and has tested the crypto market for the last 18months. 

Artificial intelligence is a relatively new technology in the crypto markets. Most market investors are still unseasoned and invest mostly based on guesses, sentiments or speculations; Kairos puts an end to such.   The crypto market is a promising one that has grown from a market capitalization of $12.4 bIllion to over $106.6 billion in the last 12 months. 

The Kairos team comprising of Ocubicle Inc and Rocky Mountain Ayre Inc are initially offering 15 million Kairos tokens at $10 per token with the aim of raising $150 million from investors who are interested in investing in the fast growing crypto market by taking advantage of the first of its kind crypto asset fund that is completely driven and managed using artificial intelligence / Machine learning. The kairos tokens were built on the ethereum blockchain following the ERC20 smart contract standards.

The ICO ( Initial Coin Offering ) holds for 30 days, from July 27th 2017 to August 27th 2017, accepting investments in Bitcoins, Ethereum and Litecoin. https://kairostokens.com

Investors resident in the United States can only participate after certifying that they are accredited investors, this is to comply with the United States Security and Exchange Commission rule 506C of regulation D. Also inline with the United States Security and Exchange Commission Reg S exemption, foreign investors can participate but do not need to be accredited investor, however they need to confirm that they are not US citizens or residents and were not in the US at the time of the offering.

Funds generated from the Kairos crowdsale will be added to the fund used by Kairos A.I. for the sole purpose of expanding its investments into crypto assets with the goal of making profit for its investors. Kairos return on investment is split into two parts.  One part is spread across the Kairos tokens in circulation, this directly impacts the NET Asset Value ( NAV) of investor held Kairos tokens. The other half of the return on investment is paid out as dividends to investors every quarter. Dividends are paid in Bitcoin or Ethereum 

 Kairos: The crypto asset fund with many “firsts”;

  • Kairos is the first crypto asset management fund to be completely driven by Artificial Intelligence 
  • They are the first crypto asset management fund supported by a public company (Rocky Mountain Ayre Inc, OTC PINK: RMTN)
  • Kairos is the first crypto Exchange Traded Fund (ETF) that offers to directly buy-back its tokens at the prevailing Net Asset Value(NAV) from interested investors. 

The ongoing initial coin offering (ICO) is expected to attract lots of attention and make waves in the emerging crypto economy. Early participation bonuses are offered to investors who join the party early.  https://kairostokens.com

The Project White paper:  https://kairostokens.com/assets/pdf/whitepaper.pdf 

Disclaimer: This is a sponsored press release and does not necessarily reflect the opinions of any The Merkle employees. This is not investment or trading advice, always do your own independent research.

Major Japanese Department Store Chain Marui Accepts Bitcoin

Japanese Department Store Chain Marui Accepts BitcoinA large Japanese department store chain, Marui, has partnered with bitcoin exchange Bitflyer to accept bitcoin payments starting on August 7. Marui has become the first major department store chain in Japan to accept bitcoin. Also read: Rollout of 260,000+ Bitcoin-Accepting Stores in Japan Begins Marui for ‘Young, Stylish Audience’ Marui is a popular chain of […]

The post Major Japanese Department Store Chain Marui Accepts Bitcoin appeared first on Bitcoin News.

Japanese Department Store Chain Marui Accepts Bitcoin

A large Japanese department store chain, Marui, has partnered with bitcoin exchange Bitflyer to accept bitcoin payments starting on August 7. Marui has become the first major department store chain in Japan to accept bitcoin.

Also read: Rollout of 260,000+ Bitcoin-Accepting Stores in Japan Begins

Marui for ‘Young, Stylish Audience’

Japanese Department Store Chain Marui Accepts BitcoinMarui is a popular chain of Japanese department stores that “features high end fashion brands and designers as well as boutiques,” according to the Japan National Tourism Organization (JNTO). The stores are among the top seven shopping attractions featured on the JNTO website.

The Culture Trip describes Marui as “a major department store chain with stores in Tokyo and other large Japanese cities. Their iconic logo looks like ‘0101’, and is read ‘Marui’ in Japanese.” The chain targets “a young, stylish audience between the ages of 20-35,” the publication detailed.

The chain’s owner, Marui Group, was founded in 1931 and incorporated in 1937. The group currently has 31 stores across Japan.

Marui Shinjuku Annex Accepts Bitcoin

Major Japanese Department Store Marui Accepts Bitcoin
Shinjuku Marui Annex

On Friday, Marui Group announced that it has partnered with Bitflyer, Japan’s largest bitcoin exchange by volume and merchant services provider, to start a trial to accept bitcoin payments.

Initially, the group will only test this payment method at one of its locations, with the possibility of expanding it to more stores in the future. The Shinjuku Marui Annex will accept bitcoin between August 7 and October 31. This trial run is similar to what Bic Camera did in April.

Shinjuku is a major commercial and administrative centre in Tokyo, home to the world’s busiest train station as well as the Tokyo Metropolitan Government Building.

Only Bitflyer’s wallets, available on iOS and Android, can be used at Shinjuku Marui Annex initially. Customers scan the QR code on the store’s tablet at the point of sale with their smartphone camera. Transactions are settled in “a few seconds,” Bitflyer said.

To commemorate the event, Bitflyer is also conducting a drawing to give away 3,000 yen to 10 customers who spend more than 3,000 yen in bitcoin.

Major Japanese Department Store Marui Accepts Bitcoin

Japanese Merchant Adoption Continues to Grow

Major Japanese Department Store Marui Accepts Bitcoin
Scanning QR code for payment

Since the Japanese government started recognizing bitcoin as a method of payment in April, a growing number of stores have started accepting bitcoin. Recently, Bitflyer has helped Bic Camera roll out the bitcoin payment option to all of its stores nationwide plus some Sofmap and Kojima stores as well.

Meanwhile, Coincheck has also been growing its list of merchants accepting bitcoin. More than 260,000 stores are expected to start accepting bitcoin this year using Coincheck’s payment service. This week, some merchants temporarily halted accepting bitcoin due to the August 1 hard fork which split the Bitcoin network.

What do you think of Marui accepting bitcoin? Let us know in the comments section below.


Images courtesy of Shutterstock, Marui, Bitflyer, Wikimedia


Need to calculate your bitcoin holdings? Check our tools section.

The post Major Japanese Department Store Chain Marui Accepts Bitcoin appeared first on Bitcoin News.

Fun Bitcoin Statistic: BTC Was Worth US$1 for Every day it Existed so far

This is a very exciting day for Bitcoin users all over the world, that much is evident. Some users have come across one exciting statistic most people wouldn’t have noticed. More specifically, the Bitcoin price earlier today represented a significant value. At that time, Bitcoin was worth US$1 for every day it existed. Bitcoin exists … Continue reading Fun Bitcoin Statistic: BTC Was Worth US$1 for Every day it Existed so far

The post Fun Bitcoin Statistic: BTC Was Worth US$1 for Every day it Existed so far appeared first on NEWSBTC.

This is a very exciting day for Bitcoin users all over the world, that much is evident. Some users have come across one exciting statistic most people wouldn’t have noticed. More specifically, the Bitcoin price earlier today represented a significant value. At that time, Bitcoin was worth US$1 for every day it existed. Bitcoin exists … Continue reading Fun Bitcoin Statistic: BTC Was Worth US$1 for Every day it Existed so far

The post Fun Bitcoin Statistic: BTC Was Worth US$1 for Every day it Existed so far appeared first on NEWSBTC.

The Most Interesting Rideshare Startup in the World Plans to Launch in Fresno

It has been exactly one month since we announced to the world our goal and how we plan to get people to use cryptocurrency to pay for rides. We have attracted the attention of drivers and blockchain enthusiasts worldwide and are finding out that we are pretty interesting. We have gained a decentralized following from … Continue reading The Most Interesting Rideshare Startup in the World Plans to Launch in Fresno

The post The Most Interesting Rideshare Startup in the World Plans to Launch in Fresno appeared first on NEWSBTC.

It has been exactly one month since we announced to the world our goal and how we plan to get people to use cryptocurrency to pay for rides. We have attracted the attention of drivers and blockchain enthusiasts worldwide and are finding out that we are pretty interesting. We have gained a decentralized following from … Continue reading The Most Interesting Rideshare Startup in the World Plans to Launch in Fresno

The post The Most Interesting Rideshare Startup in the World Plans to Launch in Fresno appeared first on NEWSBTC.

Reddit User Riles up Bitcoin Cash Community With US$900,000 Purchase Hoax

We have seen some wild claims in the world of Bitcoin to date. It now appears the Bitcoin Cash industry may see similar claims. One Reddit user claims he will invest US$900,000 in BCH over the next 24 hours. Reports such as these need to be taken with a grain of salt Especially when considering … Continue reading Reddit User Riles up Bitcoin Cash Community With US$900,000 Purchase Hoax

The post Reddit User Riles up Bitcoin Cash Community With US$900,000 Purchase Hoax appeared first on NEWSBTC.

We have seen some wild claims in the world of Bitcoin to date. It now appears the Bitcoin Cash industry may see similar claims. One Reddit user claims he will invest US$900,000 in BCH over the next 24 hours. Reports such as these need to be taken with a grain of salt Especially when considering … Continue reading Reddit User Riles up Bitcoin Cash Community With US$900,000 Purchase Hoax

The post Reddit User Riles up Bitcoin Cash Community With US$900,000 Purchase Hoax appeared first on NEWSBTC.

Bitcoin User Loses US$50,000 as Wallet and Backups Get Destroyed in Fire

TheMerkle Bitcoin Hard Drive FireSafely storing your bitcoins or other cryptocurrencies is a lot more difficult than you might assume. Keeping funds in a wallet of which only you control the private key is just one step along the way. Users also should make a proper wallet backup and keep it safe from harm. One Reddit user recently lost his hard drive wallet as well as both backups due to a fire. A lot can be learned from this unfortunate story. Fire Destroys Cryptocurrency Holdings With Ease The entire Reddit story is quite interesting, if heartbreaking. The user in question claims that an SSD on which a Bitcoin wallet

TheMerkle Bitcoin Hard Drive Fire

Safely storing your bitcoins or other cryptocurrencies is a lot more difficult than you might assume. Keeping funds in a wallet of which only you control the private key is just one step along the way. Users also should make a proper wallet backup and keep it safe from harm. One Reddit user recently lost his hard drive wallet as well as both backups due to a fire. A lot can be learned from this unfortunate story.

Fire Destroys Cryptocurrency Holdings With Ease

The entire Reddit story is quite interesting, if heartbreaking. The user in question claims that an SSD on which a Bitcoin wallet had been stored caught fire. It appears the SSD itself was not where the fire originated; rather, another computer part was at fault. The images shared across social media involve a burnt regular hard disk drive as well. It seems a freak accident caused the computer to catch on fire, which may happen a lot more often than most people think.

As it happened, the user had backed up the wallet and made offline copies of the information needed to restore it. The recovery seed was written on a piece of paper –not necessarily the best idea, but still commendable — as well as stored on a USB drive. Both backup solutions were stored in close proximity to the hard drive containing the Bitcoin wallet address, which was the worst decision to make.

Indeed, both backup solutions were lost in the fire. That is the price some people ultimately pay for convenience despite going through the process of making wallet backups. When people back up their Bitcoin wallets, they should always keep at least one offline copy in a location that is not even close to their computer or laptop. Especially if that solution is paper-based, investing in fire-proof material to keep it safe is certainly worth considering. The same applies to USB drives, as fire can destroy those with relative ease as well.

Should such an unfortunate incident take place and wipe out all of one’s backups in the process, recovering files or the Bitcoin funds can be quite challenging. In fact, recovering data from a hard drive destroyed by fire is anything but easy. Assuming one can find a person or company willing to go through the trouble, the price one pays for such a service may actually be higher than the total Bitcoin account balance. In this case, the user lost around 17 BTC, worth about US$50,000.

Companies that specialize in hard disk data recovery do exist, though. Users are effectively handing over a drive storing valuable Bitcoin information to a third party which may or may not be able to recover it. Even if they can, there is no reason to assume they would not empty the wallet themselves. While very few companies would actually do that, it creates a trust issue for Bitcoin users. Recovering the data yourself is pretty much out of the question, leaving users with few other options.

It is commendable to see people taking the concept of creating a wallet backup seriously these days. The methods they use to achieve that goal may leave a lot to be desired, though. A paper-based solution or anything that is prone to external tampering should always be avoided. Keeping this information in the same location as the wallet itself is centralization in its own way. Keeping cryptocurrency wallet backups in a safe and secure location is a hassle, but as this incident shows, it is an absolute necessity.

NYU Finance Professor Describes Bitcoin’s Successes and Remaining Obstacles – CoinTelegraph


CoinTelegraph

NYU Finance Professor Describes Bitcoin’s Successes and Remaining Obstacles
CoinTelegraph
Aswath Damodaran, professor of finance at New York University, recently weighed in on Bitcoin and the digital currency market in a recent post and video. He makes no pretense of being as technologically savvy as some, but his experience and knowledge


CoinTelegraph

NYU Finance Professor Describes Bitcoin's Successes and Remaining Obstacles
CoinTelegraph
Aswath Damodaran, professor of finance at New York University, recently weighed in on Bitcoin and the digital currency market in a recent post and video. He makes no pretense of being as technologically savvy as some, but his experience and knowledge ...

Segwit2x and the Tale of Three Bitcoins – Bitcoin News (press release)

Segwit2x and the Tale of Three Bitcoins
Bitcoin News (press release)
As the entire community has been laser-focused on the recent hard fork and Bitcoin network split, many people have forgotten about the Segwit2x plan. Miners who participated in the ‘New York Agreement’ (NYA) have kept their promise and Segregated …

and more »


Segwit2x and the Tale of Three Bitcoins
Bitcoin News (press release)
As the entire community has been laser-focused on the recent hard fork and Bitcoin network split, many people have forgotten about the Segwit2x plan. Miners who participated in the 'New York Agreement' (NYA) have kept their promise and Segregated ...

and more »

Cerber Ransomware Aims to Steal Bitcoin Wallet Information

TheMerkle Cerber Ransomware Bitcoin WalletsExisting ransomware strains often see their fair share of updates along the way. Some developers would rather keep their existing creations alive rather than develop a new project from scratch. Cerber is currently one of the best-known types of ransomware and is more than capable of causing havoc. It now appears that its updated version can steal Bitcoin wallet data as well as passwords stored in the browser. Cerber Updates Cause More Problems for Computer Users As if ransomware itself was not annoying enough to deal with, the Cerber developers have decided to take things to a whole new level. Their malware can now collect

TheMerkle Cerber Ransomware Bitcoin Wallets

Existing ransomware strains often see their fair share of updates along the way. Some developers would rather keep their existing creations alive rather than develop a new project from scratch. Cerber is currently one of the best-known types of ransomware and is more than capable of causing havoc. It now appears that its updated version can steal Bitcoin wallet data as well as passwords stored in the browser.

Cerber Updates Cause More Problems for Computer Users

As if ransomware itself was not annoying enough to deal with, the Cerber developers have decided to take things to a whole new level. Their malware can now collect and steal data from infected computers alongside its traditional file encryption features. A further investigation unveiled how Cerber is after browser passwords and Bitcoin wallet data, a very strange tactic indeed. Emptying a victim’s Bitcoin wallet and still demanding a BTC payment for the ransomware would seem to be mutually exclusive.

The fact that ransomware is capable of stealing information from the computer files it encrypts is not surprising. These malware tools successfully check the contents of all files, and keeping a copy of anything relevant makes a lot of sense. However, it is rather uncommon to see this type of malware going after passwords stored in browsers. Cerber can obtain passwords from Internet Explorer, Google Chrome, and Mozilla Firefox alike. A lot of people will not be too pleased with this development.

Furthermore, the new Cerber update ensures that the ransomware will search for data files related to three major Bitcoin wallet applications. This includes data stored by the Bitcoin Core wallet, as well as Multibit and Electrum. Anyone using any of these three wallets on their computer may want to ensure they have a copy of their wallet information at all times. It may be safer to move coins to hardware wallets altogether, as they remain impervious to ransomware attacks for the time being.

Not all of the files of interest to Cerber store passwords for the associated Bitcoin wallets. In fact, Electrum has not used an electrum.dat file to store wallet information since 2013. It appears Cerber has made a halfhearted attempt to take advantage of novice Bitcoin users who may be running much older installations of Bitcoin wallet software. It is also certainly possible that the ransomware developers simply copied these features from another tool looking to steal Bitcoin wallet data.

Most ransomware developers are constantly looking for new ways to steal even more money. Since the majority of victims will never pay the ransom demand in the first place, stealing login credentials and Bitcoin wallet information may be a viable option — assuming the code implemented actually makes sense.

Cerber is not the first malware to make use of infostealer features. This trend dates back all the way to April of 2015, and multiple versions of popular ransomware have tried to obtain information over the years. CryptXXX was the first to implement Bitcoin wallet stealing features, although it is still unknown whether or not those efforts were successful in the end. This development provides just another example of why Bitcoin users should be well aware of the risks out there and take the necessary precautions. Hardware wallets are a secure storage option which may be worth exploring.

Neutrino Is an Italian Bitcoin Blockchain Analytics Service Provider – The Merkle

The MerkleNeutrino Is an Italian Bitcoin Blockchain Analytics Service ProviderThe MerkleThere are a few different companies specializing in Bitcoin blockchain analysis. Every single one of those entities seeks to provide law enforcement agencies and ot…


The Merkle

Neutrino Is an Italian Bitcoin Blockchain Analytics Service Provider
The Merkle
There are a few different companies specializing in Bitcoin blockchain analysis. Every single one of those entities seeks to provide law enforcement agencies and other parties with actionable insights on the Bitcoin network. One of these companies is ...

and more »