PlusOneCoin made a cryptocurrency for upvotes

A team of developers have made something called PlusOneCoin, a clever cryptocurrency that essentially allows owners to upvote content on two financial sites, ADVFN and Investorshub. The idea — to reward people for accessing content and, more importantly, interacting with it — is something many services like Steemit have tried and failed to pull off. […]

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Sudden price drop shows largest ‘stablecoin,’ Tether, isn’t so stable after all

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I mean, it’s right there in the name.

The largest so-called stablecoin by market cap, Tether (USDT), is supposedly pegged to the U.S. dollar and always worth $1. However, if there’s one thing we know for sure about the world of cryptocurrency, it’s that things don’t always go according to plan — a fact emphasized by Tether’s sudden plunge in value over the last 24 hours. 

The stablecoin briefly traded below $.87 on the exchange Bittrex before climbing back up to the still-abysmal price of $.915 at the time of this writing. 

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View More Sudden price drop shows largest ‘stablecoin,’ Tether, isn’t so stable after all

Google mocks cryptocurrency as ‘not real’ in Call Screen ad

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Google thinks your crypto is a joke.  

The search and advertising giant released a new tool on Tuesday known as Call Screen, which helps Pixel owners screen unwanted calls. In a seemingly out of place move, the company used the product’s announcement as an opportunity to dunk on cryptocurrency. 

To promote the feature, Google released a short video starring The Daily Show’s Dulcé Sloan and Ronny Chieng. Meant to demo Call Screen in action, the minute-long ad depicts the two comedians — dressed as Google employees — screening calls from a scammer and the power company.  Read more…

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China is capable of destabilizing or destroying Bitcoin, new research suggests

In 2008, Bitcoin was envisioned by its pseudonymous founder Satoshi Nakamoto as a trustless, decentralized peer-to-peer electronic cash system. 
Ten years and numerous crazy price jumps later, Bitcoin appears to have withstood the test of time. …

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Russian government hackers mined bitcoin to fund attacks on FIFA, anti-doping agencies

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People are definitely spending bitcoin, just maybe not the kind of people proponents of cryptocurrency adoption had in mind. 

A lengthy indictment from the Justice Department dropped today, accusing seven Russian intelligence officers of conspiring to hack anti-doping agencies around the world in retaliation for their efforts to expose Russian athletic doping. And, at least according to the US officials, the GRU hacking group mined bitcoin to fund its efforts. 

“The pool of bitcoin generated from the GRU’s mining activity was used, for example, to pay a United States-based company to register the [phishing] domain wada-arna.org through a payment processing company located in the United States,” reads the indictment. “The conspirators used the same funding structure—and in some cases, the very same pool of funds—to purchase key accounts, servers, and domains used in their anti-doping related hacking activity.” Read more…

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How a Ugandan prince and a crypto startup are planning an African revolution

Crypto and blockchain enthusiasts have been railing for years against the centralized world of banks, but many have been doing so from the privileged vantage point of developed countries. But what if blockchain technology turned out to be most revolutionary in emerging economies?

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Bitmain IPO concerns: the crypto giant recorded a big loss in Q2 2018

Bitmain’s IPO is the big news in the crypto world this week. The company just filed its IPO prospectus and the numbers are impressive, particularly the year-on-year growth between the first six months of 2018 and a year prior, which saw a near-10x jump in revenue and 7x growth in profit. Nevertheless, that aggregated six-month number may be […]

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Crypto mining giant Bitmain reveals heady growth as it files for IPO

After months of speculation, Bitmain — the world’s largest provider of crypto miners — has opened the inner details of its business after it submitted its IPO prospectus with the Stock Exchange of Hong Kong. And some of the growth numbers are insane. The document doesn’t specify how much five-year-old Bitmain is aiming to raise from […]

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It looks like Coinbase is preparing to add a lot more cryptocurrencies

Coinbase aspires to be the New York Stock Exchange of crypto, and it is taking a small — but not insignificant – step to offering a lot more cryptocurrencies after it revamped the process of listing new digital assets. The exchange currently only supports just five cryptocurrencies — Ethereum, Bitcoin, Bitcoin Cash, Ethereum Classic and […]

View More It looks like Coinbase is preparing to add a lot more cryptocurrencies

It looks like Coinbase is preparing to add a lot more cryptocurrencies

Coinbase aspires to be the New York Stock Exchange of crypto, and it is taking a small — but not insignificant – step to offering a lot more cryptocurrencies after it revamped the process of listing new digital assets. The exchange currently only supports just five cryptocurrencies — Ethereum, Bitcoin, Bitcoin Cash, Ethereum Classic and […]

View More It looks like Coinbase is preparing to add a lot more cryptocurrencies

Now any idiot can apply to list their altcoin on Coinbase

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Bring on the altcoin spring.

Cryptocurrency exchange Coinbase teased an opening of the shitcoin floodgates today with an announcement that it will allow issuers of obscure altcoins, tokens, and even digital collectables like CryptoKitties to officially apply to be listed on its exchange. 

At present, Coinbase only lists a few cryptocurrencies — bitcoin, bitcoin cash, ether, ethereum classic, and litecoin — that are for the most part generally considered to be not a scam. According to a company blog post, that is all about to change. 

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