🗞 Daily Crypto News, November, 4th💰

in #cryptocurrency • 5 years ago

  • Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert ;
  • Why Blockchains Struggle to Gain Traction in Enterprises ;
  • Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance ;
  • IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations ;
  • 'Decentralized Exchange' IDEX Blocks NY Orders, May Not Be Decentralized] ;
  • 📑 Daily Crypto Calendar, November, 4th💰
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert

Consumer protection lawyer Jeffrey Berns is the owner and CEO of Blockchains LLC, a company that bought more than 67,000 acres of land in northern Nevada for $170 million earlier this year. On Thursday, he revealed plans to build a crypto city in the desert, claiming to have invested $300 million to make it a reality.

The company has also signed a Memorandum of Understanding with Nevada’s electricity public utility, NV Energy, agreeing to work together on energy projects powered by blockchain technology.

🗞 Why Blockchains Struggle to Gain Traction in Enterprises

The Y2K program (does anyone remember that?) came about because software developers assumed, in the early days of computing, that newer, better enterprise systems would come along very soon and that their efficient two-digit date systems would be replaced long before the year 2000 came along.

There were very few CIOs in those days, and many of them would have carefully explained to those efficient software developers that if something isn't broken, don't fix it, which often followed the corporate view on IT issues.

🗞 Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance

Bitcoin Cash, the fourth top cryptocurrency by market capitalization, has grown sharply from $473 at the beginning of the day to as high as $573 as of press time, which is the highest trading point of the cryptocurrency over the past month. Trading around $420 for the most part of the week, Bitcoin Cash started this upward trend on Nov. 2.

🗞 IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations

Major global tech giant IBM has applied for another blockchain patent, this time aiming to deter augmented reality (AR) game players from intruding on undesirable locations. The tech firm’s latest patent document was released by the U.S. Patent and Trademark Office (USPTO) on Thursday, Nov. 1.

In the patent, IBM, also known as Big Blue, describes a blockchain-based method and system of interactions between a AR-running mobile device and locational database in order to set and maintain safe boundaries between AR objects and real-world physical locations. According to the document, a distributed ledger is set to continuously maintain a growing list of data records protected from forgery and alterations.

🗞 'Decentralized Exchange' IDEX Blocks NY Orders, May Not Be Decentralized

Yesterday, November 1, 2018, IDEX released a Medium post declaring its new approach to regulations, called "pragmatic decentralization." Calling decentralization a "platitude," it says it's just one tool it's using to create an exchange that is transparent and auditable and can be operated by the businesses and consumers who use it.

The company has already blocked IP addresses in New York, North Korea, and Iran. Washington state will be added to that list, as will Cuba, Syria, and Crimea. The company will also be "implementing KYC/AML policies in order to comply with sanctions and money laundering laws."

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📑 Daily Crypto Calendar, November, 4th💰

  • carVertical (CV)

"This week, the top 7,777 BitMart traders (trading any currency on BitMart exchange) will be sent 1555 cV tokens..."

  • Vexanium (VEX)

This event held in Jakarta Convention Center on Sunday, 4th November 2018. Vexaniums CEO will have his own session at 17:20–17:50.

  • Eroscoin (ERO)

EROSCOIN merchant platform launches.

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

The break of the resistance line has been quickly done and we are already under 0.80$. We can see it is very hard for the market to stay upper of that line. The bears are always there, not far to try to sell STEEM or create a drop to buy it cheap.

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5 years ago in #cryptocurrency by
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     5 years ago 

    This post has received a 6.25% upvote from @kennybrown!



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    [-]
     5 years ago 

    howdy sir vlemon! yes sir I saw that article about the man who wants to build a city in the desert the other day, hey they did it with Vegas. What a visionary though, I think he'll do it.

    [-]
     5 years ago 

    Why not right? It could be a « Burning Man » of CryptoCommunity.

    Posted using Partiko iOS

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      [-]
       5 years ago 

      Hi @vlemon!

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      Your UA account score is currently 4.728 which ranks you at #1464 across all Steem accounts.
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