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Creating a new account on EOS is now easier after 15 block producers approved a protocol change making it cheaper and providing free RAM.

Pornhub has become the first company to pay users for watching adult content. In a recent turn of events, the firm paid SH1m for watching a million porn videos on their platform over the years. The milestone was reached months ago, but the statistics only came to light this week.

Pornhub Continues to Grow and Evolve

It is evident the internet has made it a lot easier for consumers to access specific types of content. Whether it is regular news, video content, or even porn, it can all be accessed online without too much friction. Especially the adult content industry benefits a lot from these developments. Its overall user base has grown exponentially, and content consumption across devices continues to rise every single year.

Pornhub has been one of the more successful companies in this regard. Its network of different adult content websites has seen tremendous growth, and consumers continue to explore more content as time progresses. Additionally, the company has shown a keen interest in various cryptocurrencies, which further confirms things will continue to improve and change as more time progresses.

Moreover, one of Pornhub users has reached a major milestone. Although very few people will ever reach this limit, one user successfully watched a million videos on the platform itself. The milestone was reached three months ago, which further shows how unusual it is to effectively reach such a vast number of videos watched. The adult content industry offers many different categories, and there is definitely no shortage of video content to enjoy whenever possible.

In exchange for succeeding in watching 1 million Pornhub videos, the user received a payment of $10,000 and a lifetime supply of Kleenex tissues and Vaseline. For someone who is seemingly addicted to Pornhub videos on this level, having those “supplies” handy is not an unnecessary luxury by any means. He also received a round of applause from the Pornhub staff, although it is debateable if this is a milestone one should be too proud of.

As a company, Pornhub is already looking toward the future. It is expected the next person to break the one-million-video mark will receive $100,000, although no official plans have been confirmed in this regard. Being paid to consume adult content on a regular basis is enough reward in its own right, although it is not something that will make users rich overnight by any means.

It will be interesting to see if other adult content service providers will begin rewarding users for surpassing such key milestones as well. After all, these companies thrive because of their user base, and offering some sort of incentive to keep consuming video content may not be a bad addition. Pornhub is once again raising the bar for its competitors in a rather interesting manner.

The post Pornhub User Receives $10,000 For Watching 1 Million Porn Videos appeared first on NullTX.

Key Points

• Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar.
• There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair is likely to face heavy selling interest near the $6,600 and $6,620 resistance levels.

Bitcoin price recovered above the $6,420 level against the US Dollar. However, BTC/USD buyers are likely to struggle near the $6,620 resistance zone.

Bitcoin Price Analysis

Yesterday, we saw a monster decline from well above the $7,000 level in bitcoin price against the US Dollar. The BTC/USD pair traded close to the $6,240 level and formed a low at $6,249. Later, the price started an upward move and corrected above the $6,300 and $6,420 levels. There was also a break above the 23.6% Fib retracement level of the last key drop from the $6,990 high to $6,249 low.

However, the price is currently facing resistance near the $6,530 level. More importantly, there is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair. On the upside, there is a strong resistance forming near the $6,600-6,620 zone. It represents the 50% Fib retracement level of the last key drop from the $6,990 high to $6,249 low. Additionally, there is a connecting bearish trend line in place with resistance near $6,615. Therefore, the $6,600-6,620 resistance area clearly holds a lot of significance.

Looking at the chart, bitcoin could correct further, but it may possibly struggle to break $6,620. If it moves down and breaks the bearish flag support at $6,390, there might be more losses. In this case, the price may well break the $6,249 low to test the $6,100 support zone in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for BTC/USD is likely to move back in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI is currently just near the 50 level.

Major Support Level – $6,390

Major Resistance Level – $6,620

The post Bitcoin Price Watch: BTC/USD Buyers Could Struggle Near $6,620 appeared first on NewsBTC.

Yesterday, news broke that U.S.-based $90 billion multinational investment bank and financial services company powerhouse, Goldman Sachs, was ditching plans to eventually open up a Bitcoin trading desk as was initially reported. However, while speaking at the ongoing TechCrunch Disrupt 2018 conference, Goldman Sachs chief financial officer Marty Chavez called the claim “fake news”.

No, Goldman Sachs Isn’t Ditching Plans for a Crypto Trading Desk

At the TechCrunch’s TCDisrupt conference focused on “disruption from below,” the Goldman Sachs executive reportedly cleared the air regarding what he calls “fake news.”

Chavez’s comments were first shared by CNBC San Francisco Bureau Chief Sally Shin via Twitter.

“I think one of the wonderful things about us is that we get written about a lot. I never thought I would hear myself use this term but I really have to describe that news as Fake news,” Chavez said.

Cryptocurrency prices plummeted yesterday after news circulated that Goldman Sachs was postponing short-term plans to launch a cryptocurrency trading desk. Rumors that Goldman Sachs was preparing such a trading desk first surfaced as far back as October 2017.

Goldman has also been said to be considering offering a cryptocurrency custody service for investors in the near future.

Fear, Uncertainty, and Doubt (FUD) Due to False Reports

The cryptocurrency community responds by panic selling in the face of news reports considered to be “FUD,” which explains Bitcoin’s nearly 20% drop in 24 hours in the wake of yesterday’s news.

Prominent Twitter user IAmNomad who operates the “bot powered bitcoin market reports” account WhaleCalls called the Goldman Sachs trading desk delay news just that: “FUD.”

IAmNomad claims he spoke to a “friend at Goldman” who said he “doesn’t know what they are talking about,” in reference to the report originating from Business Insider, citing sources close to the matter.

Goldman CFO on Disruption From Below

Chavez spoke at the TechCrunch Disrupt 2018 conference about how customer interest determines which new disruptive technology becomes widely adopted by the mainstream – a conversation very appropriate in relation to cryptocurrencies like Bitcoin and its underlying blockchain technology.

The Goldman executive pointed to how mainframe computer manufacturers had assumed their clients would only want mainframe computers, but eventually clients began demanding mini-computers, then moved onto PCs, and now technology has moved to mobile devices.

Chavez explains that when businesses only cater to their current niche, they can miss out on emerging technologies. The same sort of situation is playing out with Goldman Sachs and cryptocurrencies. Traditional investment firms have long avoided getting into the cryptocurrency space until the market matured further and regulations were in place. However, given increased demand from institutional investors interested in investing in cryptocurrencies, Goldman Sachs and other big Wall Street banks may have no choice but to embrace the new financial technology.

The post Goldman Sachs Not Ditching Bitcoin Trading Desk, But Market Doesn’t Recover appeared first on NewsBTC.

Key Highlights

• ETH price found support near the $209 level and later corrected higher against the US Dollar.
• There was a break above a short-term bearish trend line with resistance at $226 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair is likely to extend the current correction towards the $238 and $240 resistances.

Ethereum price is slowly correcting higher against the US Dollar and bitcoin. ETH/USD could correct further higher towards the $240 resistance in the near term.

Ethereum Price Correction

Recently, there was a sharp decline in ETH price from the $288 swing high against the US Dollar. The ETH/USD pair declined below $250, 100 hourly simple moving average and $225. It traded as low as $209 and later, it started an upside correction and traded above the $215 level. There was a push above the 23.6% Fib retracement level of the last decline from the $283 swing high to $209 low.

Moreover, there was a break above a short-term bearish trend line with resistance at $226 on the hourly chart of ETH/USD. The price tested the $230 resistance where sellers emerged. It seems like the price could dip a few points towards the $220 level. On the downside, there is a connecting bullish trend line in place with support at $221. A break below the trend line could ignite fresh bearish moves towards $209 and $205 in the near term. On the other hand, if the price moves higher, it could test the $235 and $240 resistances. Above these, the 50% Fib retracement level of the last decline from the $283 swing high to $209 low is at 248.

Looking at the chart, ETH price is currently correcting higher towards $235-240. However, recoveries are likely to face many hurdles and it won’t be easy for buyers to push the price above $240 or $248.

Hourly MACD – The MACD is slowly moving in the bullish zone.

Hourly RSI – The RSI is currently above the 45 level.

Major Support Level – $220

Major Resistance Level – $240

The post Ethereum Price Analysis: ETH/USD Could Correct Towards $240 appeared first on NewsBTC.

Key Points

• Bitcoin cash price started consolidating losses after trading as low as $485 against the US Dollar.
• There is a short-term ascending channel forming with resistance at $530 on the hourly chart of the BCH/USD pair (data feed from Kraken).
• The pair needs to surpass the $530 and $535 level to correct towards the $550 and $555 resistances.

Bitcoin cash price is holding the $500 support against the US Dollar. BCH/USD may trade above the $535 resistance to test the $555 resistance in the near term.

Bitcoin Cash Price Correction

Yesterday, we saw a sharp downside move in bitcoin cash price from well above the $600 level against the US Dollar. The BCH/USD pair even broke the $550 support and traded below $500 and the 100 hourly simple moving average. It traded as low as $485 and later started an upside correction. It slowly moved above the $500 level and the $505 resistance.

Recently, buyers were able to push the price above the $520 level. Moreover, there was a break above the 23.6% Fib retracement level of the last slide from the $533 swing high to $485 low. However, there are many resistances on the upside near the $530 and $535 levels. There is also a short-term ascending channel forming with resistance at $530 on the hourly chart of the BCH/USD pair. If there is a break above the channel resistance, the price could break the $535 resistance. Above $535, the next major hurdle is near the $550-555 zone. The 50% Fib retracement level of the last slide from the $533 swing high to $485 low is also at $559.

Looking at the chart, BCH price may correct higher in the short term, but upsides are likely to be capped by $535 or 555.

Looking at the technical indicators:

Hourly MACD – The MACD for BCH/USD is slightly placed in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is currently above the 50 level.

Major Support Level – $500

Major Resistance Level – $530

The post Bitcoin Cash Price Analysis: BCH/USD Consolidating Losses Above $500 appeared first on NewsBTC.

ConsenSys and online educational platform Coursera have teamed up to launch a blockchain technology training course

A recent American survey reveals that half of millennials are interested in using digital currencies, while 79 percent of respondents know of at least one cryptocurrency

Goldman Sachs CFO Martin Chavez said that recent reports of the firm’s crypto trading desk plans are “fake news”

A blockchain-based e-commerce ecosystem says billions of social media users “represent a form of idle labor.” Here’s how it plans to change that #SPONSORED

Tallinn, Estonia 29th August, 2018 – Leading online crypto casino, Bitcasino.io, has again improved its customer experience with the integration of an industry-first Telegram social media login and cryptocurrency SOC coin.

Bitcasino’s Telegram social media login offers players a quick and seamless sign-in process, opening its offering to more than 200 million monthly active Telegram users in the process. A testament to Bitcasino’s mantra of fun, efficiency, and fairness, the feature was introduced on site within just a few days of Telegram announcing the ability to add the login function.

The addition comes after iGaming pioneers and Bitcasino operator Coingaming Group unveiled a unique and streamlined Telegram betting bot. The bot, which has already proved popular among players on Bitcasino’s partner website Sportsbet.io, allowing players to place bets directly through the popular instant messaging service.

Renowned for its customer-centric innovation, Bitcasino also announced that SOC coin, the dedicated cryptocurrency of popular football app All Football, will now be accepted.

The All Football app provides the very latest news and statistics from the world of football to an impressive global audience of over five million international users on its English-language version alone.

Tauri Tiitsaar, Head of Casino at Bitcasino.io stated;

“We’re delighted that we have been able to deliver two exclusive features in such a short time-frame for our players. Not only does this double integration show our commitment to our players, it will also allow millions more to access our full range of casino content, which includes an ever-increasing range of slot and table games.”

Following Bitcasino’s recent Ethereum integration, players can now choose whether to deposit, wager and withdraw using Bitcoin, Ethereum or SOC Coin.

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator.

Bitcasino has an expansive, quality casino product featuring more than 1,400 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

Visit the Website: https://bitcasino.io/
Follow on Facebook: www.facebook.com/bitcasino.io/
Medium: medium.com/coingaming
LinkedIn: www.linkedin.com/company/coingaming/

Media Contact

Name: David Bartram
Email: [email protected]
Location: Square in the Air Communications

Bitcasino is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Bitcasino token sale is closed to US participants and participants of all countries in which ICOs are illegal.

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The post PR: Tapping into Telegram: Bitcasino launches industry-first log in and SOC coin integration appeared first on BitcoinNews.com.

The lawyer for the alleged BTC-e exchange operator, Alexander Vinnik, claims that the Greek supreme court has decided to extradite him back to his motherland. If true, this would be a significant blow to US authorities’ attempts to get their hands on Vinnik and extract information from him about Russian hackers.

Also Read: The Daily: Luxury Car Dealership Accepts Bitcoin, Basketballers to Earn Crypto

BTC-e Operator Sent Back to Russia?

The Supreme Court of Greece has approved the extradition of Alexander Vinnik to Russia at its Tuesday session as he requested, his lawyer Ilias Spirliadis told the Russian news agency TASS. “The court’s ruling will be officially made public on September 14. However, as follows from what the judge said at the session, the decision on Vinnik’s extradition to Russia has been made,” Defense Attorney Spirliadis reportedly said.

American authorities accuse Vinnik of running a $4 billion money laundering operation as the head of BTC-e, as well as masterminding multiple crimes since 2011, including drug trafficking and computer hacking. Russia objects to Vinnik’s extradition to the US on the grounds that it violates international law, and demands he be sent back to face charges there for supposedly stealing 600,000 rubles (about $10,500).

An International Power Struggle

This case has put the Greek supreme court in the center of an international power struggle between the US and Russia who both demand the extradition of the suspected BTC-e operator. And in June of this year France also requested he will be turned over to its control. “I do not recognize these fake charges. Russia will sort everything out to determine whether or not I am guilty, while France and the US will not be able to do so, as there is no justice there,” Vinnik reportedly said.

As we reported yesterday, a new explanation has recently popped up as to why the US and Russia are each fighting so hard to ensure that Vinnik will be handed them and not the other. Crypto cybersecurity firm Elliptic claims that BTC-e handled some funds linked to ‘Fancy Bear’ – a Russian military intelligence unit that US investigators accuse of hacking Democrats’ emails ahead of the 2016 presidential elections. With much of the American media and political establishment in panic about “Russian meddling” ever since the election of Donald Trump, it is no doubt they will make it a priority to be able to interrogate anyone suspected to have any collaborating information.

Should Vinnik be extradited to Russia or the US? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi Pulse, another original and free service from Bitcoin.com.

The post Alleged BTC-e Operator’s Lawyer Says Greek Court Decided on Extradition to Russia appeared first on Bitcoin News.