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Forget Powerball and Mega Millions. This Bitcoin Lottery Has Better Odds – Fortune


Fortune

Forget Powerball and Mega Millions. This Bitcoin Lottery Has Better Odds
Fortune
With both Powerball’s and Mega Millions’ jackpots sitting at more than $300 million, the rival lotteries could be in for a historic holiday weekend. But another kind of sweepstakes has been sweeping the nation (and the globe) in recent months

and more »


Fortune

Forget Powerball and Mega Millions. This Bitcoin Lottery Has Better Odds
Fortune
With both Powerball's and Mega Millions' jackpots sitting at more than $300 million, the rival lotteries could be in for a historic holiday weekend. But another kind of sweepstakes has been sweeping the nation (and the globe) in recent months ...

and more »

Exmo Bitcoin exchange manager kidnapped in Kiev – BBC News – BBC News


BBC News


BBC News

Kabul, Roy Moore, Bitcoin: Your Friday Briefing – New York Times


New York Times

Kabul, Roy Moore, Bitcoin: Your Friday Briefing
New York Times
There’s a catch: To be eligible, foreign firms must invest in industries encouraged by Beijing. • The price of Bitcoin tumbled after South Korea announced that it would no longer let people buy or sell virtual currencies anonymously. • Let the hunt for

and more »


New York Times

Kabul, Roy Moore, Bitcoin: Your Friday Briefing
New York Times
There's a catch: To be eligible, foreign firms must invest in industries encouraged by Beijing. • The price of Bitcoin tumbled after South Korea announced that it would no longer let people buy or sell virtual currencies anonymously. • Let the hunt for ...

and more »

Bitcoin Among Year’s Top Searches, Google Data Says – CoinDesk


CoinDesk

Bitcoin Among Year’s Top Searches, Google Data Says
CoinDesk
According to recently released data from Google, bitcoin may be on top. As detailed in the search giant’s “Year in Search 2017,” an overview of what was trending in 2017, bitcoin ranked second under the “Global News” category, a distinction that
‘How to buy bitcoin‘: The 10 top tasks people Googled in 2017CNBC

all 3 news articles »


CoinDesk

Bitcoin Among Year's Top Searches, Google Data Says
CoinDesk
According to recently released data from Google, bitcoin may be on top. As detailed in the search giant's "Year in Search 2017," an overview of what was trending in 2017, bitcoin ranked second under the "Global News" category, a distinction that ...
'How to buy bitcoin': The 10 top tasks people Googled in 2017CNBC

all 3 news articles »

Bitcoin Among Year’s Top Searches, Google Data Says

New data from Google suggests internet users searched for information on bitcoin at a rate that outpaced some of the top news stories this year.

New data from Google suggests internet users searched for information on bitcoin at a rate that outpaced some of the top news stories this year.

What makes bitcoin an implausible currency – Sacramento Bee


Sacramento Bee

What makes bitcoin an implausible currency
Sacramento Bee
Is bitcoin money, or a payment system? Mounds, or Almond Joy? Great taste, or less filling? If bitcoin is good at both those jobs, then it’s probably got a bright future. If it’s good at neither of them – well, farewell, bitcoin, we hardly knew ye. So

and more »


Sacramento Bee

What makes bitcoin an implausible currency
Sacramento Bee
Is bitcoin money, or a payment system? Mounds, or Almond Joy? Great taste, or less filling? If bitcoin is good at both those jobs, then it's probably got a bright future. If it's good at neither of them – well, farewell, bitcoin, we hardly knew ye. So ...

and more »

Singapore Court Dismisses Dispute Over $43 Million in Bitcoin – CoinDesk

CoinDeskSingapore Court Dismisses Dispute Over $43 Million in BitcoinCoinDeskThe Singapore International Commercial Court ruled today to dismiss a lawsuit where the plaintiff attempted to reclaim 3,092 bitcoin from a cryptocurrency exchange, document s…


CoinDesk

Singapore Court Dismisses Dispute Over $43 Million in Bitcoin
CoinDesk
The Singapore International Commercial Court ruled today to dismiss a lawsuit where the plaintiff attempted to reclaim 3,092 bitcoin from a cryptocurrency exchange, document shows. The case, first filed in April this year by the U.K.-based market maker ...

Billionaire Tilman Fertitta: Bitcoin’s here to stay, but a lot of people won’t buy in until it’s insured – CNBC


CNBC

Billionaire Tilman Fertitta: Bitcoin’s here to stay, but a lot of people won’t buy in until it’s insured
CNBC
For billionaire restaurateur Tilman Fertitta, the rise of cryptocurrencies like bitcoin has striking similarities to the dot-com bubble of the late 1990s. “I think it’s here to stay,” the founder and CEO of Landry’s told CNBC’s “Power Lunch” on

and more »


CNBC

Billionaire Tilman Fertitta: Bitcoin's here to stay, but a lot of people won't buy in until it's insured
CNBC
For billionaire restaurateur Tilman Fertitta, the rise of cryptocurrencies like bitcoin has striking similarities to the dot-com bubble of the late 1990s. "I think it's here to stay," the founder and CEO of Landry's told CNBC's "Power Lunch" on ...

and more »

Bitcoin and Why White Supremacists Love It, Explained – The Root

The RootBitcoin and Why White Supremacists Love It, ExplainedThe RootBitcoin has been around for quite a few years, just like Sza. Computer-savvy people used cryptocurrency to buy drugs, prostitutes and Sza albums over the internet. But like bitcoin, S…


The Root

Bitcoin and Why White Supremacists Love It, Explained
The Root
Bitcoin has been around for quite a few years, just like Sza. Computer-savvy people used cryptocurrency to buy drugs, prostitutes and Sza albums over the internet. But like bitcoin, Sza only became a superstar when mainstream white people “discovered ...

Op Ed: The Blockchain Education Network $100,000 Challenge

Blockchain technology, as an overarching industry, has developed leaps and bounds from its geeky, white, cypher-punk roots of yore. (“Yore” being 2015, as it was only a couple years ago that I was a total outlier for simply being a moderate liberal….

Op Ed: The Blockchain Education Challenge

Blockchain technology, as an overarching industry, has developed leaps and bounds from its geeky, white, cypher-punk roots of yore. (“Yore” being 2015, as it was only a couple years ago that I was a total outlier for simply being a moderate liberal.)

When I first entered this space, in earnest, at the end of 2013, I realized that the lack of diversity in “Bitcoin” (as this industry was referred) was entirely untenable if we wanted a true crypto-economy to emerge.

What good, I asked myself, is decentralized money, if only a handful of predominately young-to-middle aged male, Western libertarians used it? Maybe good for dark market e-commerce, but that was about it. At least, that was my thesis when I helped found the Blockchain Education Network, BEN, (then dubbed the “College Cryptocurrency Network” or CCN) at the start of 2014.

What began as a hodgepodge of “Bitcoin clubs” at a few universities in the United States, within months transformed into a global educational initiative at over one hundred high schools and universities in 20+ countries, on every habitable continent. Different clubs had different focuses beyond just education, from academic research and political advocacy, to entrepreneurship and trading. By the end of the 2014 spring semester, however, we had students from Cambridge (who gave out $100 in BTC to every single undergrad at MIT) to Sierra Leone (where we attempted to help curb the Ebola outbreak with bitcoin remittances).

It was a wild ride, and, at a point when much of the world forgot about Bitcoin and nobody was focused on education, we brought young people into the industry in droves and gave them the tools to succeed… and BEN continues to do so, to this day.

(Disclaimer: I stepped down as executive director a couple of years ago but remain chairman of the board.)

Students who have been a part of BEN have been on the founding teams of Augur (Joey Krug and I met through the nonprofit), Bolt, Coinlist, IOTA, QTUM, and many more. Our members have gone on to work in politics, advocacy and education, and for just about every major blockchain company. BEN hackathons have spawned countless startups and brilliant new ideas. Free tickets we have provided to conferences and events have inspired hundreds of young people to enter this industry full time.

As the founder of this organization, however, I have failed to serve it nearly as much as it has served me. After dropping out of school and founding Augur, I was too inexperienced an entrepreneur to balance my responsibilities at this nonprofit and my new startup. It has only been with the incredible work of the students and others who have selflessly volunteered their time to this organization that BEN has been allowed to continue flourishing — I take zero responsibility for its continued success. I would name names but there are too many amazing individuals to count — many of whom I have never even interacted with — as we designed the organization in the same decentralized fashion as Bitcoin.

Without diminishing the extraordinary contributions of everyone who has been involved, the two executive directors who succeeded me, Dean Masley and then Jinglan Wang, must be mentioned. They took on a thankless job with zero salary and helped keep this organization thriving on a shoestring budget. Their commitment reverberated across the nonprofit.

Moving forward, however, as this technology matures, so must the organizations that foster its adoption. Despite the remarkable work of the Blockchain Education Network’s volunteers, the fact of the matter is that we need some paid staff to help organize students, events, conferences and media.

For an organization that has done so much, it’s fairly mind-blowing how little press it has received (my fault again). The organization needs resources to pay for administrative tools, conferences, resource development and curation, as well as student lodging and transportation to events. We want to make sure any young person, regardless of their socioeconomic background, has an opportunity to gain exposure to this revolutionary industry. Nobody should be left behind as this technology accelerates.

Thus, I have made a $10,000.00 (USD, in ETH) donation to the Blockchain Education Network.

Furthermore, I will match all other donations made over the next four days (through December 31, 2017), up to $100,000.00.

The Blockchain Education Network is a federally tax-exempt 501(c)(3) organization and is the best way to offset some of your mega crypto-gains this year! In true crypto fashion, give less to the government and more to the industry.

The nonprofit accepts donations in dollars and crypto. Just send me your proof of donation on Twitter (@Disruptepreneur) or, preferably, email ([email protected]), and I will match your contribution on the 31st. (I am currently in East Asia, so will be able to compensate for virtually all time zones.)

Donation addresses may be found here

Here is my initial $10k (ETH) donation:

JeremyDonation

If you’re a student or academic looking to get involved — go to www.blockchainedu.org and join our Slack! If you’re a company or organization and would like to partner with BEN — please do not hesitate to contact me about sponsorship opportunities for 2018. I can be reached at [email protected].

When I first started BEN, I coined the term #GenerationBlockchain. As this industry matures, and more and more young people begin to think about opportunities in this space, it’s incredibly important that we foster a community that enables them to connect with liked-minded students. We have the potential to create a generation of youth who think about blockchains as intuitively as Generation Z approaches email or social media.

I believe this is how we lay the foundation for a true crypto-economy.

PS. I am actively seeking some fresh faces on our board of directors — so any super-high caliber references would be greatly appreciated.

This is a guest post by Jeremy Gardner. Views expressed are his own and do not necessarily reflect those of BTC Media Inc or Bitcoin Magazine, nor does this article represent an endorsement.

The post Op Ed: The Blockchain Education Network $100,000 Challenge appeared first on Bitcoin Magazine.

‘How to buy bitcoin’: The 10 top tasks people Googled in 2017 – CNBC


CNBC

‘How to buy bitcoin‘: The 10 top tasks people Googled in 2017
CNBC
Google recently released its list of the year’s top trending topics and it may come as little surprise that “how to buy bitcoin” was one of the tasks people searched for most in 2017. In recent months, cryptocurrencies like bitcoin, ethereum and


CNBC

'How to buy bitcoin': The 10 top tasks people Googled in 2017
CNBC
Google recently released its list of the year's top trending topics and it may come as little surprise that "how to buy bitcoin" was one of the tasks people searched for most in 2017. In recent months, cryptocurrencies like bitcoin, ethereum and ...

EXMO Exchange CEO Kidnapped in Kiev, Ukraine

The CEO of EXMO, an exchange based in the UK, has been kidnapped in the Ukraine. According to a report in the Telegraph, Pavel Lerner was taken from outside his office in a district of Kiev called Obolon. The abduction took place on December 26. Reports from local media claim Lerner was dragged into a … Continue reading EXMO Exchange CEO Kidnapped in Kiev, Ukraine

The post EXMO Exchange CEO Kidnapped in Kiev, Ukraine appeared first on NEWSBTC.

The CEO of EXMO, an exchange based in the UK, has been kidnapped in the Ukraine. According to a report in the Telegraph, Pavel Lerner was taken from outside his office in a district of Kiev called Obolon.

The abduction took place on December 26. Reports from local media claim Lerner was dragged into a black Mercedes-Benz as he was leaving work. Exactly who is behind the incident is currently unknown. All the perpetrators concealed their identities using balaclavas.

Curiously, after the news broke about Lerner’s kidnapping, the EXMO exchange experienced a DDOS attack. This temporarily affected trading. However, normal service has since resumed.

Despite the gravity of the incidents affecting the company, a statement from them to RT claimed that the kidnapping would not affect the operation of the exchange and that users needn’t fear the loss of funds from their accounts. It read:

“We are doing everything possible to speed up the search of Pavel Lerner… Any information regarding his whereabouts is very much appreciated. Despite the situation, the exchange is working as usual. We also want to stress that nature of Pavel’s job at EXMO doesn’t assume access either to storages or any personal data of users. All users funds are absolutely safe.”

The kidnapping is the latest in a spate of criminal acts against cryptocurrency exchanges. They’ve become lucrative targets with the prices of digital assets ever-increasing throughout 2017. Being cryptographically-secured, and decentralised, cryptocurrencies themselves, when stored correctly, don’t present many opportunities for cybercriminals. However, vast stores of digital assets, such as those kept by exchanges, provide a suitable honeypot to direct criminal operations toward. This year, several exchanges and centralised cryptocurrency services have had their security comprised.

YouBit fell to cybercriminals twice in 2017 causing them to declare bankruptcy, and Slovenia-based cloud mining firm NiceHash were also victims of similar attacks. Meanwhile, various ICOs have been targeted by cybercriminals, as well as the Ethereum wallet platform Parity. The trend looks set to continue into 2018 as interest in cryptocurrencies increases.

Such examples are causing companies that are new to the space to consider security more than ever. Unnamed sources associated with Goldman Sachs (rumoured to be in the process of opening a trading desk by mid-2018) have acknowledged the importance of keeping their platforms safe from the threat of cyber attacks. The security of client funds represents one of the largest obstacles for them and ensuring they are airtight before they launch is likely behind the delayed the launch of the Goldman trading desk until June of next year.

 

Image: Shutterstock

 

The post EXMO Exchange CEO Kidnapped in Kiev, Ukraine appeared first on NEWSBTC.

Devery.io: Open Source Protocol for Verification on the Ethereum Network

One of the key functions of the blockchain is the ability to mark data permanently. This immutability has primarily been used to record currency transactional data, but this ability can theoretically be extended to permanently record other secondary information. It is this ability that holds promise for the blockchain to be an all-encompassing solution for verification of various assets. Disclosure: This is a Sponsored Article Devery.io is building a protocol layer above Ethereum to enable third party developers to easily build product verification services on the Ethereum blockchain through APIs. Further, the Devery Protocol connects provenance systems into one central

One of the key functions of the blockchain is the ability to mark data permanently. This immutability has primarily been used to record currency transactional data, but this ability can theoretically be extended to permanently record other secondary information. It is this ability that holds promise for the blockchain to be an all-encompassing solution for verification of various assets.

Disclosure: This is a Sponsored Article

Devery.io is building a protocol layer above Ethereum to enable third party developers to easily build product verification services on the Ethereum blockchain through APIs. Further, the Devery Protocol connects provenance systems into one central hub. The current provenance landscape is fragmented, and Devery aims to unify them into one central look-up for consumers.

There are various real world use cases that would benefit from this solution. Specifically, governments and private corporations today run registries of assets such as properties, vehicles, commodities and even individual identities. These registries enable verification of authenticity and ownership of these assets. This not just ensures provenance but also allows cases of ownership contention and theft to be solved.

However, scaling these solutions to smaller items have thus far been impractical, both due to cost and the challenges associated with the mass adoption of a single standard. Today, every product sold has a barcode associated to its product range. This generally works well but as is not specific to individual products, presents a challenge to brands producing products that need to be identified and tracked to the granularity of individual products. The are various workarounds to this – for example, all mobile phones have a unique code called IMEI that serves as an identifier.

The challenge however has been to developing an open standard that is cheap and effective for a range of industries, from phones, to electronics to cosmetics, shoes, clothes and even produce. A blockchain solution holds promise of reducing the cost of such registries tenfold, and enabling a single source of verification for all products produced worldwide.

It is this magnitude-order reduction in cost that creates the ability to have registries of products that can be used to track ownership and perform verification of individual products whether it is a luxury watch or just a small pen. Just like how the barcode process sped up the retail chain for product tracking (albeit only at a product-range level), a cost-effective blockchain-based solution heralds the promise to be able to do the same to a level individual products.

Various teams have now taken on the challenge in implementing the blockchain solution to specific use-cases (such as the pharmaceutical industry). Each of these teams are developing proprietary solutions that work in their targeted fields. The challenge to mass adoption however is the ability for anyone to adopt this technology to build a solution that works for them. This then, is the core challenge that the Devery team set out to solve. Importantly, enabling more solutions that will utilize the blockchain means making it easy, almost invisible for developers who may not be comfortable with the blockchain. An abstraction layer if you must.

Devery’s product verification protocol will enable any developer to access marking functions of the blockchain via api calls. The protocol will be fueled by the EVE tokens. This will pay for the cost of markings as well as be a source of funding for the maintenance of these applications.

Devery’s goal is developing the protocol to enable anyone to provide verification services. This allows a market for different verifiers that specialize in particular industries, as opposed to one verifier that controls the marking process. There are several that have chosen to use a proprietary model. These projects have patented chips and/or require their particular teams to facilitate the tracking process. Devery protocol users do not require permission to utilize the protocol. Anyone can build a verification application on our protocol and earn fees doing so. This allows applications to be tailored for the special needs of particular industries as opposed to a one size fits all approach.

Visit https://devery.io for more information.