Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #291 (2019-02-11)

in #blockchain5 years ago

How This ‘Crypto Wikipedia’ is Using GIS Mapping Data to Verify Crowdsourced Contributions: P. H. Madore


Everipedia, the crypto community’s answer to Wikipedia (which has all the articles Wikipedia had at the time of the fork in 2017), will be using geospatial blockchain technology provided by XYO to verify the validity of point-of-interest information on the de…

Bitcoin Cash Developer Amaury Sechet Claims He’s Satoshi Nakamoto, Was He Really Being Serious?: P. H. Madore


The Bitcoin community will be rolling its eyes right about now. Bitcoin Cash developer Amaury Sechet, the self-described “benevolent dictator” of the Bitcoin ABC (primary) implementation of BCH, has claimed he is Satoshi Nakamoto. I am Satoshi Nakamoto. There…

Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox: Joseph Young


Ever since the security breach of Coincheck in January 2018, formerly the largest crypto exchange in Japan, local authorities have imposed a stricter process in granting licenses to trading platforms that support Bitcoin and other cryptocurrencies. Recently C…

Excuse Me Gov. Northam, But What the Hell is Going on in Northern Virginia?: Wes Messamore


The Commonwealth of Virginia is engulfed in scandal, and it’s even more bizarre because it’s so many different scandals all concentrated at the same point. The date rape accusations against Virginia Lt. Governor Justin Fairfax top off a week and a half of Vir…

Simply ‘Logical’ for Every Big Macro Fund to Hold 1% in Bitcoin: Billionaire Investor: Joseph Young


In the last 48 hours, the Bitcoin price recovered beyond the crucial $3,500 support level and avoided a further drop below $3,000. The valuation of the cryptocurrency market increased from $110 billion to $120 billion, by just over $10 billion. Following the …

Mt. Gox to Live Again, Bitcoin Is ‘Honestly Useless,’ and Jack Dorsey Likes Lightning Network: This Week in Crypto: P. H. Madore


Please comment at the end about your favorite stories of the week. While our coverage has expanded well beyond cryptocurrency news, we’d love to know which crypto subjects our readership prefers get the most attention. Mt. Gox to Rise Again CCN broke the news…

Social Proof-of-Work: Asia Reserve Currency Coin and Its Fight Against Corruption: P. H. Madore


A Southeast Asian stablecoin project aims to neuter corruption. It places an incentive on public reporting of problems. The International Blockchain Monetary Reserve calls the Asia Reserve Currency Coin (ARCC) a “macroeconomic stablecoin.” While it has a seem…

California Engineer Loses $422,000 in Life Savings after Using QuadrigaCX; Is Help Coming?: Yashu Gola


A California-based engineer lost the entirety of his life savings after using QuadrigaCX’s cryptocurrency exchange for remittance. Tong Zou, 30, said in an interview to Bloomberg that he had opened a withdrawal request at QuadrigaCX in October 2018. According…

Facebook is so Dominant it Earned $5 Billion in China in 2018 – a Country Where It’s Banned: Melanie Kramer


In what can only be further evidence of the global reach of Facebook, reports show that the social media platform earned $5 billion in revenue from China. Yet Facebook has been prohibited in China since 2009. Facebook’s Fifth Largest Market, Surprisingly, is …

Binance CEO: ‘We’re Still at the Beginning of the Beginning’ of Bitcoin Revolution: Samantha Chang


Bitcoin billionaire Changpeng Zhao has an encouraging message for crypto fans who fear they missed the boat on the cryptocurrency bandwagon: The bitcoin revolution is still “at the beginning of the beginning,” so you haven’t missed anything yet. Zhao ― the fo…

Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report: Alan Wass


India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital asset…

Canada’s Regulators Might Help Crypto Exchange QuadrigaCX’s Victims After All: Melanie Kramer


Provincial securities regulators in British Columbia, Canada, won’t be investigating the QuadrigaCX scandal. However, new developments could see Canada’s largest securities body, the Ontario Securities Commission (OSC), begin an investigation. On Friday, acco…

Free Money for Everyone Sounds Great, But Finland Proves Basic Income is a Bust: Tedra DeSue


Universal basic income experiments and other plans that seek to distribute free money seem wonderful considering so many people struggle to make ends meet because of their limited incomes. In the U.S., many legislators have called for federal and or/state gov…

Is Billionaire Michael Bloomberg Really the Democrats’ Best Chance to Beat Trump in 2020?: Wes Messamore


Steven Rattner, a major Democratic donor, told Yahoo! Finance in a recent interview for the website’s “Influencers with Andy Serwer” podcast that he thinks billionaire former New York City Mayor Michael Bloomberg could “absolutely” defeat Donald Trump in the …

Why Low Mortgage Rates Could Help Power the Next Bitcoin Bull Run: P. H. Madore


The Wall Street Journal reports that banks will recast mortgage loans. Thanks to Federal Reserve policy changes, it’s currently cheaper for banks to get loans than it has been for a while. The other effect of a reduced LIBOR rate seems to be lower mortgage ra…

Elizabeth Warren Schemes to Take Down Trump in the 2020 Presidential Election, Does She Even Stand a Chance?: Sam Bourgi


After much speculation, Senator Elizabeth Warren officially launched her 2020 presidential campaign on Saturday, where she vowed to challenge the super wealthy and fellow Democrats who served as their power brokers. The decision to run marks a significant dep…

Why This Unholy Trinity of State-Run Crypto Projects Could Poison Donald Trump’s Stance on Bitcoin: Josiah Wilmoth


For a man as verbose as US President Donald Trump, the former real estate developer and reality television star has had little to say about bitcoin. However, there are a growing number of reasons to expect that when Trump finally does address the subject of c…

Cryptocurrency is ‘Honestly Useless’: Harvard Cryptographer: David Hundeyin


Cryptocurrency is useless to anyone other than nefarious groups or individuals trying to move money without being noticed by the government. This is apparently the cutting-edge opinion of Harvard University cryptographer and technology researcher Bruce Schnei…

This Magazine Ranked Ethereum the 2nd-Best Blockchain Protocol. Bitcoin Didn’t Make the List: P. H. Madore


The latest issue of Rising Blockchain magazine lists the top 10 blockchain protocols, in their opinion. The list doesn’t include Bitcoin. The 10 chains/protocols listed are those the editors believe “bring the change to the world in 2019 faster than other pro…

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