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Jamie Dimon is betting big on the technology behind ‘fraud’ bitcoin – CNBC


CNBC

Jamie Dimon is betting big on the technology behind ‘fraud’ bitcoin
CNBC
The largest U.S. bank is investing in the blockchain technology behind bitcoin, despite its CEO calling the digital currency a “fraud.” In September, JPMorgan Chase Chairman and CEO Jamie Dimon said bitcoin is a “fraud” that “won’t end well.” Dimon
Bitcoin: Jamie Dimon Breaks Vow of SilenceBarron’s
What If You Could Have Bitcoin Without The Problems Of A Blockchain? IOTA May Be The Solution.Forbes
Bitcoin Booms in Evolving MarketsCoinTelegraph
Bloomberg –Bitcoin News (press release) –newsBTC –The Independent
all 65 news articles »

CNBC

Jamie Dimon is betting big on the technology behind 'fraud' bitcoin
CNBC
The largest U.S. bank is investing in the blockchain technology behind bitcoin, despite its CEO calling the digital currency a "fraud." In September, JPMorgan Chase Chairman and CEO Jamie Dimon said bitcoin is a "fraud" that "won't end well." Dimon ...
Bitcoin: Jamie Dimon Breaks Vow of SilenceBarron's
What If You Could Have Bitcoin Without The Problems Of A Blockchain? IOTA May Be The Solution.Forbes
Bitcoin Booms in Evolving MarketsCoinTelegraph
Bloomberg -Bitcoin News (press release) -newsBTC -The Independent
all 65 news articles »

4NEW – Initial Coin Offering Announcement

The world’s first eco-friendly, tangible, Waste to Energy, blockchain solution. State of Affairs One Bitcoin transaction consumes as much energy as 7.55 homes in the United States for 1 day, compared to one Ethereum transaction that consumes as much en…

The world’s first eco-friendly, tangible, Waste to Energy, blockchain solution. State of Affairs One Bitcoin transaction consumes as much energy as 7.55 homes in the United States for 1 day, compared to one Ethereum transaction that consumes as much energy as 1.34 homes in the United States for 1 day as of this article. In … Continue reading 4NEW – Initial Coin Offering Announcement

The post 4NEW – Initial Coin Offering Announcement appeared first on NEWSBTC.

Bank of America Report: Bitcoin’s True Value ‘Impossible to Assess’ – CoinDesk


CoinDesk

Bank of America Report: Bitcoin’s True Value ‘Impossible to Assess’
CoinDesk
the analysts tackle bitcoin as well as other cryptocurrencies such as ethereum and XRP. The note both covers the basics of the market and dives more specifically into the growing galaxy of open blockchain networks in operation today. Notably, the


CoinDesk

Bank of America Report: Bitcoin's True Value 'Impossible to Assess'
CoinDesk
the analysts tackle bitcoin as well as other cryptocurrencies such as ethereum and XRP. The note both covers the basics of the market and dives more specifically into the growing galaxy of open blockchain networks in operation today. Notably, the ...

ICO Ban in Japan – a ‘Definite Possibility’

Many believe that Japan is leading the way in Asia when it comes to cryptocurrency, especially since China removed themselves from the race. However, Japan is not really that ICO friendly, says cofounder of IndieSquare. Find out more.

Many believe that Japan is leading the way in Asia when it comes to cryptocurrency, especially since China removed themselves from the race. However, Japan is not really that ICO friendly, says cofounder of IndieSquare. Find out more.

Real Estate on the Blockchain: More Sellers Want Crypto

This week, there have been some interesting developments within the crypto/property space. Firstly, Magnum Real Estate Group president, Ben Shaoul spoke to CNBC about his latest project. He’s currently developing several condominiums on the Lower…

This week, there have been some interesting developments within the crypto/property space. Firstly, Magnum Real Estate Group president, Ben Shaoul spoke to CNBC about his latest project. He’s currently developing several condominiums on the Lower East Side of Manhattan. Each will hit the market for between $700,000 and $1.5 million for which he’s willing to accept payment in Bitcoin. … Continue reading Real Estate on the Blockchain: More Sellers Want Crypto

The post Real Estate on the Blockchain: More Sellers Want Crypto appeared first on NEWSBTC.

The Bitcoin Gold Hard Fork Explained (Coming October 25) – 99 Bitcoins (blog)


99 Bitcoins (blog)

The Bitcoin Gold Hard Fork Explained (Coming October 25)
99 Bitcoins (blog)
Bitcoin Gold (BTG/Bgold) is an upcoming hard fork of the Bitcoin blockchain that’s scheduled to occur on October 25. Bgold has nothing to do with the yellow metal, so it shouldn’t be confused with BitGold, the gold investment and payments firm. Bgold
Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2xCryptoCoinsNews
Bitcoin SegWit2x Hard Fork Benefits Not Visible: Bruce FentonCoinTelegraph

all 11 news articles »


99 Bitcoins (blog)

The Bitcoin Gold Hard Fork Explained (Coming October 25)
99 Bitcoins (blog)
Bitcoin Gold (BTG/Bgold) is an upcoming hard fork of the Bitcoin blockchain that's scheduled to occur on October 25. Bgold has nothing to do with the yellow metal, so it shouldn't be confused with BitGold, the gold investment and payments firm. Bgold ...
Bitcoin Wallet Blockchain: 'Buy Some Ether' to Make Transactions After SegWit2xCryptoCoinsNews
Bitcoin SegWit2x Hard Fork Benefits Not Visible: Bruce FentonCoinTelegraph

all 11 news articles »

How Can Smart Contracts Create Win-Win Strategies For ICO Investors.

 “Winners don’t do different things; they do things differently” That’s how intelligent investors thrive in this new economic age. And, surprisingly, the recipe for success remains the same, even when it comes to cryptocurrencies. Additionally, in this…

 “Winners don’t do different things; they do things differently” That’s how intelligent investors thrive in this new economic age. And, surprisingly, the recipe for success remains the same, even when it comes to cryptocurrencies. Additionally, in this context apart from investment acumen, being an early bird too plays a vital role in generating handsome corpus … Continue reading How Can Smart Contracts Create Win-Win Strategies For ICO Investors.

The post How Can Smart Contracts Create Win-Win Strategies For ICO Investors. appeared first on NEWSBTC.

CRYPTO20 Set For ICO After Successful $5M Pre-Sale

The minimum fund cap was reached within hours of the pre-sale launch on 7 October 2017. CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to mainstream investors. It is an index fund that holds and autonomously rebalances a data scien…

The minimum fund cap was reached within hours of the pre-sale launch on 7 October 2017. CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to mainstream investors. It is an index fund that holds and autonomously rebalances a data science proven portfolio of the top 20 cryptocurrencies. Actively managed funds have consistently failed to beat … Continue reading CRYPTO20 Set For ICO After Successful $5M Pre-Sale

The post CRYPTO20 Set For ICO After Successful $5M Pre-Sale appeared first on NEWSBTC.

Jimmy Song: Cryptocurrencies Like Bitcoin Demonstrate Real Value of Developers

Jimmy Song, a prominent Bitcoin developer and the principal architect behind Paxos, has recently stated that cryptocurrencies like Bitcoin demonstrate the real value of developers and developer activity. Earlier this year, Ivey Business School professo…

Jimmy Song, a prominent Bitcoin developer and the principal architect behind Paxos, has recently stated that cryptocurrencies like Bitcoin demonstrate the real value of developers and developer activity. Earlier this year, Ivey Business School professor JP Vergne revealed in a study that the best indicator and predictor of the exchange rate of cryptocurrencies is the … Continue reading Jimmy Song: Cryptocurrencies Like Bitcoin Demonstrate Real Value of Developers

The post Jimmy Song: Cryptocurrencies Like Bitcoin Demonstrate Real Value of Developers appeared first on NEWSBTC.

How Investors Can Earn Money in the $2 Billion eSports Market

world of battlesThe international industry of eSports ranks among the world’s most rapid growing and highly profitable markets. Many of the business sharks and heavyweight investors such as Tencent, Amazon, Alibaba, USM Holdings, Warren Buffett, have already come up with investments into eSports in their attempt not to miss the developing market. The average annual growth rate amounts to 37%. It is expected that the eSports market will come ever closer to $2 bln in 2018. Disclosure: This is a Sponsored Article A team of experienced developers who have already participated in successful projects such as GNOME, OpenVZ, FreeBSD, is creating the

world of battles

The international industry of eSports ranks among the world’s most rapid growing and highly profitable markets. Many of the business sharks and heavyweight investors such as Tencent, Amazon, Alibaba, USM Holdings, Warren Buffett, have already come up with investments into eSports in their attempt not to miss the developing market. The average annual growth rate amounts to 37%. It is expected that the eSports market will come ever closer to $2 bln in 2018.

Disclosure: This is a Sponsored Article

A team of experienced developers who have already participated in successful projects such as GNOME, OpenVZ, FreeBSD, is creating the first decentralized eSports platform that complies with the worldwide standards of the eSports federations, WESA and IeSF. In cooperation with the Twich and Civic companies, and also with active cooperation of the world’s best eSports teams from the Top-10 rating, they are ready to become the leading platform in the $2 billion industry of eSports.

The existing platforms involve serious problems for the players. There are frequent downtimes and errors on the servers. The resolution of game disputes sometimes depend on persons who are in collusion with the opponent. Most companies are under total control of their owners, and the users’ deposits are often confiscated or fall into hackers’ hands. The World of Battles decentralized gaming platform solves all the existing problems: eliminates network downtimes, checks the results of the games resolving disputes automatically, and safeguards the users’ money. These innovations significantly enhance the quality of eSports. They will make game playing completely automated, more secure, and much more pleasant.
World of Battles presents a platform where everyone has an opportunity to show their skills fairly and to build a career as a professional gamer.

The World of Battles breakthrough platform created on the basis of Ethereum’s smart contracts gives everyone an opportunity to compete in popular online games such as Hearthstone, League of Legends, Dota 2, CounterStrike: GO, StarCraft 2.

The World of Battles platform is already functioning, and the project’s team, having attracted $3.7 million, is launching their own ICO for the further development.

“We can see that all the eSports platforms are at the very start now, and they are no competitors for us, as we have approached the finishing line with a practically ready product that we had worked at for more than a year and a half“, MakotoTakahashi says (the publication name to be inserted here).

The World of Battles’ ICO for selling WoB tokens opens on October 17. The application is based on blockchain and Ethereum’s smart contracts. Alpha testing of the World of Battles took place in February 2017. The public release of the World of Battles’ beta version will go out in December 2017, more than 450,000 players have already completed their registrations.

World of Battles is starting an active cooperation with the largest international eSports federations, WESA and IeSF, in the forthcoming world championships, and also intends to become the main partner of the 2022 Asian Games.

 

  • Basing on the opinions of the industry’s lead analysts, the project’s founder Makoto Takahashi expects the World of Battles’ income from holding contests and advertising in 2018 to be no less than $83 million (see the Table).

 

 

Game Number of players per day Potential income
League of Legends 29,000,000 $56,550,000
Hearthstone 11,000,000 $21,450,000
Dota II 1,300,000 $2,535,000
CS:GO 800,000 $1,560,000
StarCraft 2 550,000 $1,072,500
Total 42,650,000 $83,167,500


World of Battles, the first decentralized eSports platform where the entire process is absolutely transparent and inaccessible for third-party interference, makes it possible to protect the players interests and to determine the winner based solely on their personal skills. Automatic winner determination and award distribution, start of direct broadcasting to Twitch in one click.

“We have taken the strategic decision on exclusive cooperation with the leading stream video company, Twich. This step will allow for reaching the maximum eSports audience throughout the world”, Makoto Takahashi says.

The main forthcoming events

Conducting of the ICO — starts on October 17, 2017
Public beta testing (more than 450,000 players have registered) — December 2017
The official release of the platform — 22/02/2018
Holding an international tournament with $500,000 prize pool — March 2018

The World of Battles company oriented at becoming the leader in the growing international market of eSports that is reaching the $2 billion mark, will cooperate with Civic to ensure that their users are provided with a reliable and decentralized technology of identity verification complying with all the laws and requirements in force in the world.

We are on the threshold of the future in eSports

World of Battles is the most anticipated eSports platform of 2017. The absence of competition, the open cooperation with Twich, Civic, the WESA and IeSF international federations, and also the support from the world’s eSports stars, will turn around the most fast-developing industry in the nearest time. Listing on the largest exchanges (HitBTC, Poloniex, Bittrex, Binance) within 30 days after the end date of the ICO is guaranteed. Due to the great number of requests for participation in the ICO, the World of Battles team is planning to sell all the tokens within the first hour with maximum bonus for the investors.

China Braces for Additional Online Censorship Regulation

Themerkle China Internet censorshipMost people are well aware that China isn’t known for its freedom of speech. In fact, the country is home to the Great Firewall of China, which is renowned for online censorship and restricting access to certain services. It seems the Chinese government is fortifying this firewall once again, which is not surprising. The 19th National Congress of the Chinese Communist Party is almost upon us. More Chinese Internet Restrictions are put in Place It is neither the first nor the last time we will see China enforce strict censorship upon internet users. Ever since China got connected to the World Wide

Themerkle China Internet censorship

Most people are well aware that China isn’t known for its freedom of speech. In fact, the country is home to the Great Firewall of China, which is renowned for online censorship and restricting access to certain services. It seems the Chinese government is fortifying this firewall once again, which is not surprising. The 19th National Congress of the Chinese Communist Party is almost upon us.

More Chinese Internet Restrictions are put in Place

It is neither the first nor the last time we will see China enforce strict censorship upon internet users. Ever since China got connected to the World Wide Web, the government has actively tried to prevent people from spreading too much information about the country. Moreover, rules have been put in place to ensure people can’t access specific content or services. In most cases, these restrictions are easily bypassed by using a VPN.

That is no longer possible either, as the government is cracking down on VPN service providers and users alike. It is evident there is a growing fear among officials that the internet may paint a worrisome picture of the country and its inner workings. Especially now that the 19th National Congress of the Chinese Communist Party is preparing to kick off next week, countermeasures need to be taken.

More specifically, sources claim President Xi Jinping will not hesitate to enforce certain new rules. The goal is to increase his influence and control over the Party itself and how the internet is used within the country. With censorship having reached new all-time highs already, it is troublesome to think about what the Chinese government may attempt to do next in this regard. Indeed, online expression is being scrutinized more than any other form of internet activity right now.

On the other end of the spectrum, we have seen privacy advocates fight the good fight and seek to oppose governmental restrictions. So far, the uphill battle has not gone all that well, although things are slowly heading in a better direction. For every small victory the privacy advocates chalk up, there are a handful of even stricter countermeasures to contend with. Censorship is never the answer, but neither is communism.

It is expected online group chats, for instance, will need to contend with even more censorship-driven methods in the future. Any administrator of such a group now has to police their friends’ conversations under the current laws. It is unclear how even more severe laws could be introduced in this regard, but rest assured the Chinese government will have a few cards to play.

All of this goes to show the Chinese government is interested in meddling with people’s daily lives first and foremost. It’s a rather strange approach, considering the government has plenty of other issues on its plate to tackle in the coming months and years. Then again, one has to acknowledge the countermeasures being taken are a sign of sophistication one wouldn’t necessarily expect from this government. It will be interesting to see how things play out in the coming days and weeks.

Investor Says a Bitcoin Fund May Be Just a Year Away – Bloomberg


Bloomberg

Investor Says a Bitcoin Fund May Be Just a Year Away
Bloomberg
Wood’s actively managed ARK Innovation ETF is the first U.S. exchange-traded fund to have indirect exposure to the cryptocurrency, which it gets through the Bitcoin Investment Trust. The trust invests exclusively in bitcoin and derives its value solely
Money Transfers Will Be Free Thanks to Bitcoin: Top Tech InvestorCoinTelegraph

all 3 news articles »


Bloomberg

Investor Says a Bitcoin Fund May Be Just a Year Away
Bloomberg
Wood's actively managed ARK Innovation ETF is the first U.S. exchange-traded fund to have indirect exposure to the cryptocurrency, which it gets through the Bitcoin Investment Trust. The trust invests exclusively in bitcoin and derives its value solely ...
Money Transfers Will Be Free Thanks to Bitcoin: Top Tech InvestorCoinTelegraph

all 3 news articles »