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New Reality Docu-Series About Bitcoin to Explore Regulation

New Reality Docu-Series About Bitcoin to Explore RegulationIgnition Creative have announced that they will be producing a “reality docu-series” exploring bitcoin regulation in partnership with Blockchain Entertainment. The series, titled Capital Makeover: Bitcoin Brigade, is set to feature former lobbyist, Jack Abramoff, who was recently imprisoned for fraud, tax evasion, and corruption charges. Also Read: The Evolution of Cryptocurrency Visuals, Memes, and Bitcoin […]

The post New Reality Docu-Series About Bitcoin to Explore Regulation appeared first on Bitcoin News.

New Reality Docu-Series About Bitcoin to Explore Regulation

Ignition Creative have announced that they will be producing a “reality docu-series” exploring bitcoin regulation in partnership with Blockchain Entertainment. The series, titled Capital Makeover: Bitcoin Brigade, is set to feature former lobbyist, Jack Abramoff, who was recently imprisoned for fraud, tax evasion, and corruption charges.

Also Read: The Evolution of Cryptocurrency Visuals, Memes, and Bitcoin Street Art 

The Series Will be Following a Team Of “Currency Nerds”

Jack Abramoff to Star in New Reality Docu-Series About Bitcoin

Ignition Creative and Blockchain Entertainment are set to produce a “reality docu-series” exploring bitcoin regulation. Ignition Creative is a television and motion picture production and marketing firm that has produced media for several major film and television studios. The series will be created in partnership with Blockchain Entertainment – a recently formed television and film production company dedicated to the topics of virtual currency and blockchain technology.

The press release for Bitcoin Brigade describes the series as following the creator alternative cryptocurrency AML Bitcoin, Marcus Andrade, and his team of “currency nerds” in their “crusade to prevent Congress from unintentionally destroying the digital currency industry”.

The series will feature Jack Abramoff, a former lobbyist who recently spent 43 months incarcerated for mail fraud, conspiracy to bribe public officials, and tax evasion between 2006 and 2010. Abramoff will be coaching Andrade and company in the techniques and landscape of American political lobbying.

“We Want This Series to Really Get Under the Hood of One of the Most Relevant Industrial Changes Happening Today” – Martin Kistler, CEO of Ignition Creative

Ignition Creative and Blockchain Entertainment to Develop Reality Docu-Series About Bitcoin

CEO of Ignition Creative, Martin Kistler, has expressed his company’s “fascinat[ion with]… the story of cryptocurrency and how it could change the consumer world as we know it. We want this series to really get under the hood of one of the most relevant industrial changes happening today”. President of Blockchain Entertain, Andrew Williamson, has stated that “digital currencies, such as Bitcoin, have been exploding in the past year, with much of the world looking on in wonder. However, the digital currency world itself is in a panic over recent and likely future moves by the United States Congress to halt the exponential growth of bitcoin. We wanted to delve into that conflict in a way that would be unique and riveting”.

Former lobbyist, Jack Abramoff, has expressed his initial surprise in having been approached regarding the series. When Marcus approached me, I didn’t know a bitcoin from a sirloin. But, after learning about this vital new technology, I quickly realized that his mission was essential if our nation is to continue to lead the world in innovation and finance – and so I pledged to do whatever I could to help – short of lobbying Congress myself.”

Do you think that Ignition Creative and Blockchain Entertainment’s ‘reality docu-series’ will expose new audiences to bitcoin and cryptocurrency? Share your thoughts in the comments section below!


Images courtesy of Shutterstock, Ignition Creative, and Blockchain Entertainment


Show the world how cutting-edge you are with a bitcoin T-shirt, hoodie, bag, key-ring, even a Trezor hardware wallet. Shipping all over the world, quality merchandise and, of course, a payment system that makes people say “wow!”

The post New Reality Docu-Series About Bitcoin to Explore Regulation appeared first on Bitcoin News.

Hackers post stolen HBO ‘Game of Thrones’ scripts online, demand bitcoin ransom – Washington Post


Washington Post

Hackers post stolen HBO ‘Game of Thrones’ scripts online, demand bitcoin ransom
Washington Post
A hacker or hackers going by the name “Mr. Smith” dumped a trove of stolen HBO files online Monday and demanded a ransom from the network while threatening to release more of the files they claim to have obtained in a security breach last week. The
Hackers Demand Millions in Bitcoin for Stolen HBO FilesNew York Times
Hackers Blackmail HBO for Bitcoin as They Threaten to Release Hit Series Game of ThronesCryptoCoinsNews
HBO Hackers Demand at Least $6 Million Ransom in BitcoinTheWrap
Hollywood Reporter –WIRED –The Guardian
all 289 news articles »

Washington Post

Hackers post stolen HBO 'Game of Thrones' scripts online, demand bitcoin ransom
Washington Post
A hacker or hackers going by the name “Mr. Smith” dumped a trove of stolen HBO files online Monday and demanded a ransom from the network while threatening to release more of the files they claim to have obtained in a security breach last week. The ...
Hackers Demand Millions in Bitcoin for Stolen HBO FilesNew York Times
Hackers Blackmail HBO for Bitcoin as They Threaten to Release Hit Series Game of ThronesCryptoCoinsNews
HBO Hackers Demand at Least $6 Million Ransom in BitcoinTheWrap
Hollywood Reporter -WIRED -The Guardian
all 289 news articles »

What Venture Capitalists See In Bitcoin, Ethereum, Litecoin, And Other Digital Currencies – Forbes


Forbes

What Venture Capitalists See In Bitcoin, Ethereum, Litecoin, And Other Digital Currencies
Forbes
Once, cryptocurrencies like Bitcoin, Ethereum, and Litecoin were popular among digital currency collectors—usually young technology savvy investors—enchanted with the promise these currencies offer to solve the ills of a global economy. Like the …
Bitcoin extends record climb, as digital currencies on the riseMarketWatch
Bitcoin Is Now Bigger Than These 4 CompaniesInvestopedia
going beyond Bitcoin wallets: these apps give you better control over your cryptocurrency-based financesTNW
HuffPost –City A.M. –Livemint
all 25 news articles »

Forbes

What Venture Capitalists See In Bitcoin, Ethereum, Litecoin, And Other Digital Currencies
Forbes
Once, cryptocurrencies like Bitcoin, Ethereum, and Litecoin were popular among digital currency collectors—usually young technology savvy investors—enchanted with the promise these currencies offer to solve the ills of a global economy. Like the ...
Bitcoin extends record climb, as digital currencies on the riseMarketWatch
Bitcoin Is Now Bigger Than These 4 CompaniesInvestopedia
going beyond Bitcoin wallets: these apps give you better control over your cryptocurrency-based financesTNW
HuffPost -City A.M. -Livemint
all 25 news articles »

[video] What are Altcoins and ICOs – Bitcoin Whiteboard Tuesday

The post [video] What are Altcoins and ICOs – Bitcoin Whiteboard Tuesday appeared first on 99 Bitcoins.

Today’s topic is altcoins and ICOs. In this episode, we’re going to go over some of the different cryptocurrencies out there and explain what are ICOs. So let’s get started!   Altcoins, or alts in short, are cryptocurrencies that are not Bitcoin. The word altcoin is an abbreviation of alternative coins. So Litecoin, Ripple, Dash […]

The post What are Altcoins and ICOs – Bitcoin Whiteboard Tuesday appeared first on 99 Bitcoins.

Today’s topic is altcoins and ICOs. In this episode, we’re going to go over some of the different cryptocurrencies out there and explain what are ICOs. So let’s get started!   Altcoins, or alts in short, are cryptocurrencies that are not Bitcoin. The word altcoin is an abbreviation of alternative coins. So Litecoin, Ripple, Dash […]

Bitcoin Price Hits $3440, CNBC’s Kelly Explains Why it’s Just the Beginning of a Rally

Bitcoin price surpassed the $3,440 mark on August 8, sustaining its upward momentum established by the imminence of the Bitcoin Core development team’s scaling solution and transaction malleability fix Segregated Witness (SegWit) activation. SegWit, a solution which experts including Blockstack co-founder Ryan Shea had previously described as a Swiss Army Knife of a solution due to the wide range of bitcon’s existing problems it solves upon activation, is set to be integrated to bitcoin’s codebase in the upcoming days. Upon the activation of SegWit, bitcoin blocks and transactions are expected to be optimized by 75 percent and significantly decrease the

Bitcoin price surpassed the $3,440 mark on August 8, sustaining its upward momentum established by the imminence of the Bitcoin Core development team’s scaling solution and transaction malleability fix Segregated Witness (SegWit) activation.

SegWit, a solution which experts including Blockstack co-founder Ryan Shea had previously described as a Swiss Army Knife of a solution due to the wide range of bitcon’s existing problems it solves upon activation, is set to be integrated to bitcoin’s codebase in the upcoming days. Upon the activation of SegWit, bitcoin blocks and transactions are expected to be optimized by 75 percent and significantly decrease the size of bitcoin blocks in general.

Perhaps more importantly, SegWit tightens security measures of hardware bitcoin wallets such as Trezor and the bitcoin network in general by eliminating transaction malleability, which has become a major security issue for Bitcoin Cash (BCH), the newly forked cryptocurrency of the original bitcoin network.

The vast majority of analysts have attributed the recent rally of bitcoin to the imminence of SegWit and the market’s high anticipation towards Segwit activation. However, according to mainstream media analysts including Max Keiser at RT and Brian Kelly at CNBC, bitcoin’s rally has just begun as there are many more driving factors that are affecting the price of bitcoin.

On CNBC’s fast money, Kelly explained that there are three major driving factors of the recent momentum of bitcoin price apart from SegWit and they are:

  1. Increase in demand and adoption from institutional investors
  2. Completion of BCH fork
  3. No uncertainty regarding bitcoin’s short-term future

Kelly emphasized that the market, investors and traders have gained significant confidence in bitcoin and its ability to scale as the BCH fork had minimal impact on the bitcoin network and now, with SegWit activation in sight, there really is no uncertainty in bitcoin’s short-term future.

Increase in demand towards bitcoin from institutional investors has also been key, as casual investors and traders gained confidence from the optimism of investment firms like Fidelity, which manages trillions of dollars in assets. More to that, some of the largest markets in the world including the Chicago Board Options Exchange (CBOE), the largest options exchange in the US, have also announced the integration of bitcoin.

Earlier this week, CBOE entered into a strategic partnership with Gemini, the fourth largest bitcoin exchange in the US, to offer institutional investors and large-scale traders a method to invest in bitcoin.

In consideration of the abovementioned factors and developments in the bitcoin and finance industries, analysts remain certain that the rally of bitcoin is just beginning. Max Keiser emphasized:

“Bitcoin set to cruise through $5,000. Government money printing monopolies are being replaced.”

Crypto Users to Invest in Real Estate Through REAL Platform

real platformREAL, a real-estate crowdfunding company, announced the launch of its Token Sale, that will allow users to invest in real estate using their cryptocurrency. The Real Estate Asset Ledger (REAL) team aims to disrupt the world of real estate by applying blockchain technology to an industry that is historically inefficient and illiquid. REAL uses Ethereum smart-contract governance to provide the best ecosystem for real estate investment. They aim to eliminate intermediaries, improve transparency and liquidity, lower barriers to entry, and alleviate tax issues associated with cross-border transactions. REAL aims to generate rental income and value appreciation through worldwide real estate

real platform

REAL, a real-estate crowdfunding company, announced the launch of its Token Sale, that will allow users to invest in real estate using their cryptocurrency.

The Real Estate Asset Ledger (REAL) team aims to disrupt the world of real estate by applying blockchain technology to an industry that is historically inefficient and illiquid. REAL uses Ethereum smart-contract governance to provide the best ecosystem for real estate investment.

They aim to eliminate intermediaries, improve transparency and liquidity, lower barriers to entry, and alleviate tax issues associated with cross-border transactions. REAL aims to generate rental income and value appreciation through worldwide real estate investment. By bringing together property owners and potential investors, the REAL platform will reduce friction in the real estate investment process.

Any amount of money can be contributed towards a real estate property. Anyone can exchange REAL tokens for economic rights to some piece of property (these economic rights are referred to as REAL Property Participation — RPP). Profits are paid back in Ether, and users can even trade/sell rights to those investments (RPPs) on the platform. Both a website and mobile application will be the home to view and invest in any property made available by the REAL team.

It is important to note that the REAL platform will take a 10% fee of all profits. If a property earns 1,000 Ether in rental income, the REAL platform will take 10% as commission for finding and hosting the property on their website.

Token Distribution Information

REAL tokens (Real Estate Asset Ledger) are ERC-20 tokens and will be distributed through a smart contract. The crowdsale address will be published by the REAL team. They will be distributed within seven days of the end of the crowdsale.

Pre-Sale Period

The pre-sale will begin on August 24, 2017 and last for 24 hours. It is only available for those looking to contribute more than 100 Ether.

There is a hard cap of 100,000 Ether during the pre-sale period.

Crowdsale Period

August 31, 2017 at 7 p.m. (UTC) through August 14, 2017 at 7 p.m. (UTC).

If the soft cap of 200,000 Ether is reached, the crowdsale will close within 36 hours of the soft cap being reached. There is a hard cap of 400,000 Ether and a total token supply of 100,000,000 REAL across the presale and crowdsale.

Team

The current team has invested $350,000 into this project thus far. All together, the team have sold various startups.

Enrique Dubois, Co-Founder & CEO

Serial entrepreneur and Business Angel with over 15 years of experience. He has founded and sold for profit multiple online companies. He also co-founded a development company and a blog network. He is an advisor and judge for several estate-run startup programs like Startup Chile and Startup Peru.

Bernardo Hernández, Co-Founder & Director

Bernardo is a serial entrepreneur and venture capitalist. He cofounded Idealista and has held senior marketing and product positions at Google. In May 2013, he joined Yahoo as the Head of Flickr, which he ran until May 2015. In May 2011, he was appointed to the Jury of the Prince of Asturias Awards for Science and Technology. He has a master’s degree in finance from Boston College and holds the Chartered Financial Analyst (CFA) designation.

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.

Ethereum Based Startup “Indorse” Seeks to Disrupt Reputation and Personal Branding Online

indorse logoIndorse, a new social platform built on Ethereum, backed by blockchain business accelerator Coinsilium, is changing the landscape of social networking for professionals. Through a disruptive approach of peer-to-peer validation of people’s professional reputation and branding, Indorse is offering what other platforms are unable to provide to users – ownership of data and true social collateral which attests to the validity of their accomplishments. Already having met the Pre-Sale limit of 17,000 ETH within a matter of days, Indorse will commence their full-fledged token-sale on August 8th, 2017. Indorse is led by a team of experienced blockchain entrepreneurs, engineers, consultants

indorse logo

Indorse, a new social platform built on Ethereum, backed by blockchain business accelerator Coinsilium, is changing the landscape of social networking for professionals. Through a disruptive approach of peer-to-peer validation of people’s professional reputation and branding, Indorse is offering what other platforms are unable to provide to users – ownership of data and true social collateral which attests to the validity of their accomplishments.

Already having met the Pre-Sale limit of 17,000 ETH within a matter of days, Indorse will commence their full-fledged token-sale on August 8th, 2017.

Indorse is led by a team of experienced blockchain entrepreneurs, engineers, consultants and fintech experts who believe that the existing model of how people interact with online social networks is deeply unfair towards the end user and flawed in how information is accurately portrayed.

COO Dipesh Sukhani comes among the ranks of experienced Big 4 consulting veterans bringing financial and tax auditing experiencing to the table – a particularly valuable asset in the world of blockchain startups holding token sales.

“Networks such as LinkedIn (and of similar service offerings) have never been able to pass the litmus test of accurate sharing of information [leave aside letting its users also benefit from the growth].  One cannot simply rely on the information put-up; every single claim has to be tested separately, which means time costs!  As an ex-Big4 consultant, I was always on a hunt for my clients to write me testimonials, so as to add that extra edge to my credentials.  We at Indorse make that step the first stepping stone, ie, community based endorsement.”

Unlike traditional social media platforms such as LinkedIn, the Ethereum-based Indorse network aims to empower users with their data and reputation management, allowing anyone to profit from sharing their skills, activities and accomplishments on the platform.

Indorse was among the first blockchain startups to utilise the Ethereum Name Service (ENS) to help combat phishing and fraud scams which have plagued some other high profile token sales in past months. This service enables an easily identifiable and much more secure set of human-readable characters to be used as Ethereum token addresses.

As a reaction to fraud and spam have plagued many popular social networking and professional career websites, the Indorse team has taken a fresh approach to personal and professional branding enabled by smart contract functionality on the Ethereum blockchain.

Users can share information about themselves and they stake their funds, or IND tokens. In the event a person in their Indorse network is able to verify the claims made are true, both parties are rewarded. If either party makes a false claim, they are penalized, thus incentivizing true representations of one’s self on the network. Users are able to leverage this branded and verified identity of themselves on other networks as well – thus creating a usable asset for anyone in the community.   

Compared to other blockchains, Ethereum provides the compute engine capability and transparency needed for a decentralized economy to succeed and incentivize its own growth. The platform will be integrated with a number of decentralised applications (DApps) such as: Inter Planetary File System (IPFS), uPort identity system, Attores Certificate Issuance Platform, Truffle, Spectrum and Status.

“Indorse will allow users to profit from sharing their skills and activities on the platform via reward tokens. We envision a serverless, decentralized future, where the users will build their profiles and profit from their reputation. This future will need a decentralized platform where others can judge the quality of a person’s profile not just by where they have gone to school, but what they have actually done in their professional and personal lives.”

The Indorse white paper is available for download on the website and any questions you have for the founders and team of Indorse can be directly asked on their Slack channel.

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.

Bitcoin Cash Price Technical Analysis – BCH/USD False Break

Key Points Bitcoin cash price recently surged above the $400 level against the US Dollar, but quickly reversed gains. There was a break below a bullish trend line with support at $330 on the hourly chart of BCH/USD (data feed from Kraken). The price may move higher once again, but faces many resistances such as … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD False Break

The post Bitcoin Cash Price Technical Analysis – BCH/USD False Break appeared first on NEWSBTC.

Key Points Bitcoin cash price recently surged above the $400 level against the US Dollar, but quickly reversed gains. There was a break below a bullish trend line with support at $330 on the hourly chart of BCH/USD (data feed from Kraken). The price may move higher once again, but faces many resistances such as … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD False Break

The post Bitcoin Cash Price Technical Analysis – BCH/USD False Break appeared first on NEWSBTC.

Bitcoin Price Technical Analysis for 08/08/2017 – Bearish Divergence Spotted

Bitcoin price is testing the resistance at the top of its ascending channel and might be due for a drop before resuming the rally.

The post Bitcoin Price Technical Analysis for 08/08/2017 – Bearish Divergence Spotted appeared first on NEWSBTC.

Bitcoin price is testing the resistance at the top of its ascending channel and might be due for a drop before resuming the rally.

The post Bitcoin Price Technical Analysis for 08/08/2017 – Bearish Divergence Spotted appeared first on NEWSBTC.

Hackers Demand Millions in Bitcoin for Stolen HBO Files – New York Times


New York Times

Hackers Demand Millions in Bitcoin for Stolen HBO Files
New York Times
Nikolaj Coster-Waldau as Jaime Lannister in an episode of “Game of Thrones,” which was targeted in a recent hack of HBO. Credit Macall B. Polay/HBO, via Associated Press. Hackers using the name “Mr. Smith” posted a fresh cache on Monday of stolen …

and more »


New York Times

Hackers Demand Millions in Bitcoin for Stolen HBO Files
New York Times
Nikolaj Coster-Waldau as Jaime Lannister in an episode of “Game of Thrones,” which was targeted in a recent hack of HBO. Credit Macall B. Polay/HBO, via Associated Press. Hackers using the name “Mr. Smith” posted a fresh cache on Monday of stolen ...

and more »

MobileGo Price Technical Analysis for 08/08/2017 – Another Mixed Day

MobileGo advanced against ethereum but tumbled against bitcoin, as the latter zoomed up to new record highs versus the dollar earlier this week.

The post MobileGo Price Technical Analysis for 08/08/2017 – Another Mixed Day appeared first on NEWSBTC.

MobileGo advanced against ethereum but tumbled against bitcoin, as the latter zoomed up to new record highs versus the dollar earlier this week.

The post MobileGo Price Technical Analysis for 08/08/2017 – Another Mixed Day appeared first on NEWSBTC.

Who is Spoofy, and How is He Manipulating Bitcoin’s Price?

TheMerkle Spoofy Market ManipulationMost cryptocurrency enthusiasts will agree that people manipulate the Bitcoin market. Even though Bitcoin should be all about a free market, the rich and wealthy -known as whales- are in a position to muck around with the price as they see fit. There are rumors circulating about an entity called “Spoofy”, who is -or are- manipulating the price of Bitcoin. Bitfinex and Tether got tangled in this story somehow as well. Meet Spoofy, the Whale of all Bitcoin Whales Anyone who has kept an eye on cryptocurrency price charts will notice there is a fair bit of volatility. In some cases, these

TheMerkle Spoofy Market Manipulation

Most cryptocurrency enthusiasts will agree that people manipulate the Bitcoin market. Even though Bitcoin should be all about a free market, the rich and wealthy -known as whales- are in a position to muck around with the price as they see fit. There are rumors circulating about an entity called “Spoofy”, who is -or are- manipulating the price of Bitcoin. Bitfinex and Tether got tangled in this story somehow as well.

Meet Spoofy, the Whale of all Bitcoin Whales

Anyone who has kept an eye on cryptocurrency price charts will notice there is a fair bit of volatility. In some cases, these price swings can be explained due to some major news breaking. Other times, these market movements are seemingly entirely random, which is a bit more difficult to explain. It now appears the entity known as “Spoofy” may be responsible for these market movements on a regular basis. This entity seems to favor the Bitfinex exchange.

Bitfinex ran into a fair bit of issues over the past 18 months. First of all, they got hacked and lost a few dozen millions worth of customer funds. To counter that issue, the company issued IOU tokens and reduced user balances to make up for the missing money. These tokens were eventually redeemed not too long ago. One peculiar aspect about that process was how the company successfully redeemed over 90% of all outstanding IOU balances simultaneously. No one knows where the money came from, but a lot of users shrugged it off and moved on.

A few months ago, Bitfinex was one of many exchanges caught up on banking issues. Their Taiwanese banking partner could not process USD transfers due to insufficient KYC and AML measures. Those issues have been resolved as well without as much as an official explanation by the company. Both of these issues were resolved quickly but without any proof of how they were addressed. This is not all that uncommon, but it is may have been a prelude to something bigger going on behind the scenes.

Spoofy is a trader -or group of users- who mainly operate on Bitfinex. They place large bids for Bitcoin, which are used to manipulate the price. In most cases, this has the desired effect. If the price goes beyond their initial target, they immediately put up sell orders for $2 million or more to push the price down again. Sounds like market manipulation. The reason this group is known as “Spoofy” is because they often place orders which are never intended to execute in the first place.

The manipulation is done through a technique called “spoofing.” This is where traders place buy or sell orders with no intention of actually executing them. Such tactics could be used to manipulate traders and the market in general. If the price is falling, and traders see a 1000 BTC support buy order, the price will most likely bounce up in reaction. This works the other way as well, if the price is rising and users see a 1000 BTC sell order the price will most likely retract.

This is exactly how a mystery trader or a group of traders have been placing orders on Bitfinex. Bitcrypto’ed provides the below video as evidence, what you are looking for is large orders (900-5000 BTC) being placed and never executed.

A perfect example of one such order is at 39 seconds, where you can clearly see a 909 BTC order that is sitting there only for manipulation. If you keep watching, when the price rises and 909 BTC order disappears and a ~700 BTC order appears at a slightly higher price, aiming to push the price higher.

You may think that this is a fair way of trading because at the end of the day, Bitcoin markets are full of manipulation and deception. However, “spoofing” was made illegal in the United States under the Dodd-Frank Wall Street Reform and Consumer Protection Act passed in July 21, 2010. As a result, it is Bitfinex’s responsibility to sanction the traders responsible for the manipulation.

There is further evidence that this group of traders is also manipulating the market on GDAX but with much smaller orders. By the look of things, if the orderbook on Bitfinex keeps flashing multi million dollar buy and sell offers for a few seconds at a time, the exchange may see some scrutiny from regulatory entities. After all, there is no reason why a user would need to play with thousands of BTC for any other purpose than market manipulation.

Sending false signals to traders -either to push the price up or down- is not uncommon in the financial sector. In most cases, people -or trading bots- will gladly execute on those signals but they may regret doing so pretty quickly. Placing asks or bids for your own bitcoins is apparently illegal in the United States. With most exchanges not being regulated too tightly, issues like these are still tolerated. You would need a lot of money to pull this off on the Bitfinex exchange.

According to the original Medium post outlining the existence of Spoofy, the trading group has up to $60 million on the exchange. Why anyone would keep that amount of money in an exchange is beyond belief, though. Most people would not trust Bitfinex -or other exchanges- with more than $5,000 worth of fiat currency or Bitcoin. This information is based on the findings of one user who has been analyzing Bitcoin price charts on Bitfinex. That being said, there does appear to be some kind of market manipulation afoot.

It also appears the Bitcoin Cash distribution provided more evidence to verify the existence of Spoofy. Bitfinex acknowledged some entities were manipulating the Bitcoin price during the fork, which is why those traders did not receive their BCH tokens. Someone traded around 24,000 BTC in shorts at that time. It also appears this manipulator is active in other markets, including Ethereum Classic and Ethereum. This is a very interesting case, and it is well worth checking out all of the evidence posted on Medium.

Rivetz Partners with Parity Technologies to Improve Security on the Blockchain

rivetz logoRICHMOND, Mass., Aug. 7, 2017. Rivetz Intl. today announced an advisory agreement with Parity Technologies Ltd (formerly known as Ethcore), the blockchain core technology company and creator of the Parity Ethereum software, to improve cyber security on the blockchain. Parity Technologies will guide Rivetz on the integration of cyber security controls into blockchain networks and smart contracts. The companies’ agreement signals a commitment to developing increased security standards within blockchain transactions, building a broader sense of confidence in blockchain networks and services. “We look forward to working with Gavin Wood and his team at Parity Technologies to improve security and consumer

rivetz logo

RICHMOND, Mass., Aug. 7, 2017. Rivetz Intl. today announced an advisory agreement with Parity Technologies Ltd (formerly known as Ethcore), the blockchain core technology company and creator of the Parity Ethereum software, to improve cyber security on the blockchain. Parity Technologies will guide Rivetz on the integration of cyber security controls into blockchain networks and smart contracts. The companies’ agreement signals a commitment to developing increased security standards within blockchain transactions, building a broader sense of confidence in blockchain networks and services.

“We look forward to working with Gavin Wood and his team at Parity Technologies to improve security and consumer confidence in blockchain technology,” said Steven Sprague, founder of Rivetz. “Parity Technologies will ensure that Rivetz architecture can be efficiently and securely integrated with modern blockchain and smart contract technology.”

“The Rivetz platform combines trusted computing with blockchain technology to offer provable cyber security controls for blockchain,” said Dr. Gavin Wood, founder of Parity Technologies and lead developer of the acclaimed Parity Ethereum client. “Every exchange and wallet would benefit from the utility of a provable hardware-based multi-sig or multi-factor authentication and secure display of transaction details for transaction instructions.”

Rivetz will provide peer-to-peer transactions with provable cyber controls that become a permanent part of the blockchain record, providing cryptographic proof that measured protections were in place before a transaction can execute. Rivetz is built on TEE technology that has already been delivered on over one billion devices containing ARM-compatible processors. 

More details along with a technical white paper are available at: www.rivetzintl.com.

About  Parity Technologies Ltd 

For more information on Parity Technology Ltd please visit https://parity.io/

About Rivetz International 

For more information, visit www.rivetzintl.com

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.

The Bitcoin Cash Fork Was a Dangerous Trick – Fortune


Fortune

The Bitcoin Cash Fork Was a Dangerous Trick
Fortune
The newly created Bitcoin Cash (BCH) is a rushed spinoff of Bitcoin (BTC), a clonecoin of which there have been many in Bitcoin’s past. Because the name is confusing, many have taken to calling it “Bcash” to avoid buyer confusion. There have been
Bitcoin tops $3400 as investor confidence boosts it to record highCNBC
Bitcoin Wrestles With Spoofy the TraderBloomberg
Bitcoin soars to record high valueBBC News
Business Insider –CoinDesk –Express.co.uk –The Coinbase Blog
all 134 news articles »

Fortune

The Bitcoin Cash Fork Was a Dangerous Trick
Fortune
The newly created Bitcoin Cash (BCH) is a rushed spinoff of Bitcoin (BTC), a clonecoin of which there have been many in Bitcoin's past. Because the name is confusing, many have taken to calling it “Bcash” to avoid buyer confusion. There have been ...
Bitcoin tops $3400 as investor confidence boosts it to record highCNBC
Bitcoin Wrestles With Spoofy the TraderBloomberg
Bitcoin soars to record high valueBBC News
Business Insider -CoinDesk -Express.co.uk -The Coinbase Blog
all 134 news articles »