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Giga Watt Partnership Boosts Crowd-Gaming Ecosystem
Located in the State of Washington northeast of Grand Coulee Dam, the nations largest producer of hydroelectric power, Giga Watt is continuing its steady ascent into one of the top crypto mining operations in the world.Recently, Giga Watt announced a partnership with the decentralized cloud gaming platform, Playkey. The partnership will employ Giga Watts powerful computing infrastructure to expand Playkeys cloud gaming ecosystem.The Playkey model uses both individual miners, including gamersSource: http://cryptscout.com/news-portal/?id=20&ref=2012&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Guest Post Understanding the Limits and Potential of Blockchain Technology
The promise of blockchain technology is coming to the forefront and capturing the imaginations of investors, entrepreneurs and innovators alike. But what many people do not know is how perilous the blockchain journey ahead still is. We live in a world of smoke and mirrors enterprise investors must do their due diligence in navigating these choppy waters making the right investments in the right blockchain technologies to unlock that promised potential. To make the correct investments, we neeSource: http://cryptscout.com/news-portal/?id=20&ref=2011&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
NO2X Next Weeks Hard Fork Has Been Suspended Due to a Lack of Consensus
There will almost certainly be no Bitcoin hard fork next week the main organizers behind the SegWit2x project have suspended their efforts.In an email to the SegWit2x mailing list, one of the main organizers behind the project, BitGo CEO Mike Belshe, explained that the proposed hard fork has not been able to gain sufficient consensus to proceedAlthough we strongly believe in the need for a larger blocksize, there is something we believe is even more important keeping the community together. USource: http://cryptscout.com/news-portal/?id=20&ref=2010&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
What's going on with Ethereum $280m in cryptocurrency 'lost' amid security scare
Approximately $280m worth of the cryptocurrency Ethereum has been frozen in time and potentially lost forever after a critical bug was accidentally triggered.Source: http://cryptscout.com/news-portal/?id=17&ref=491&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Scaling Bitcoin 2017 Science Is Central in Stanford and the Politics Ignored
Stanford University hosted the fourth edition of the Scaling Bitcoin conference over the weekend of November 45 Scaling Bitcoin 2017 Scaling the Edge.The annual conference, sometimes referred to as a workshop, has in its short history grown into somewhat of an institute within the Bitcoin space. It aims to be the main stage for Bitcoins technical and academic communities, with little room for commercial interests and perhaps even less for the scaling drama that has grown to be the norm onlinSource: http://cryptscout.com/news-portal/?id=20&ref=2009&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis Bitcoins All-Time High Tests a Historic Reversal Point
For months on end, BTC-USD had a strong bullish rally that has been well confined between both a linear ascending channel and on a macro scale a parabolic curveFigure 1 BTC-USD, 1-Day Candles, Linear and Parabolic TrendlinesAfter a very strong, bullish rally, bitcoin managed to settle on a new all-time high in the $7,500s. This price peak bounced right off the upper linear ascending trendline shown in Figure 1. Historically, every time bitcoin has touched the upper ascending trendline, the maSource: http://cryptscout.com/news-portal/?id=20&ref=2008&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
BTC Inc. and Genesis Mining Launch Genesis Engineering and See Opportunity in Eurasia
BTC Inc., parent group of BTC Studios, BTC Labs and BTC Media, and Genesis Mining, a cloud mining service provider, recently announced a partnership to launch Genesis Engineering, a Hong Kongbased joint venture focused on promoting and developing the cryptocurrency mining industry worldwide, with a special focus on emerging and underserved markets.We see opportunities in terms of excess capacity worldwide in such regions as the Americas and Eurasia, said David Bailey, CEO of BTC Media. CenterSource: http://cryptscout.com/news-portal/?id=20&ref=2007&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
The Rublix Vision for Crypto Investing
With the exponential growth of cryptocurrency businesses, investing can be complex. This complexity has no doubt hindered mass adoption and prompted the need for trusted user-friendly tools to attract more traditional investors.Specializing in blockchain and smart contract technology, the Canadian technology company Rublix is building a network that could make - not just cryptocurrency trading - but any trading less complex. They are launching the Rublix platform so that investors across theSource: http://cryptscout.com/news-portal/?id=20&ref=2006&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Qchains Forward Advancement Amid the Changing World of ICOs
nnnnnnnnnAlongside Bitcoins meteoric rise in global interest andnprice has been a frenzy of activity aroundinitial coinnofferings ICO.According to the online coin offering trackerCoinschedule,nin 2017 alone there have been nearly 250 ICOs collectively raising over $3nbillion. This heightened interest combined with the potential for lucrativenreturns has prompted fears in some investment circles that we are facing anbubble. Indeed, the bubble seems to have already popped to some extent, withnfSource: http://cryptscout.com/news-portal/?id=20&ref=2005&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Survey Polls American Awareness of Cryptocurrencies and ICOs
In October 2017, LendEDU, a marketplace for financing loans, credit cards and other financial products, polled 1,000 Americans asking a series of questions related to Ethereum, Ripple and initial coin offerings ICOs. They did this to gain insight into the average Americans perception of cryptocurrency. The poll was conducted by online polling company OnePoll, which acted as a third party and was able to provide an age and gender breakdown of respondents. The poll was answered by 1,000 AmericaSource: http://cryptscout.com/news-portal/?id=20&ref=2004&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
NextBlock CEO Alex Tapscott Cancels Plans to Go Public and Will Return Money to Investors
Alex Tapscott, CEO of NextBlock Global, a venture capital company investing in blockchain technologies, announced in a press release yesterday that he is canceling their plans to go public through a reverse takeover RTO of Nobelium Tech Corp., a company listed on the Toronto Stock Exchange TSX. Tapscott said the young company had stumbled in falsely listing some crypto and blockchain experts as members of the firms advisory board. He is currently talking to NextBlock investors to work out howSource: http://cryptscout.com/news-portal/?id=20&ref=2003&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Introducing a Programming Language so Simple, It Fits on a T-shirt
Blockstream is introducing Simplicity, a new programming language for blockchain-based smart contracts, intended for inclusion in Blockstreams sidechains and eventually in Bitcoin. The new language was presented by its creator, Russell O'Connor, Infrastructure Tech Developer at Blockstream, at the ACM SIGSAC Workshop on Programming Languages and Analysis for Security PLAS 2017.Simplicity is a blockchain programming language that is so simple, it fits on a t-shirt, O'Connor told BitcSource: http://cryptscout.com/news-portal/?id=20&ref=2002&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Is Amazon preparing for its own cryptocurrency Company registers 3 new crypto-related domain names
Amazon has registered three different domain names, all of them related to blockchain and cryptocurrency.Source: http://cryptscout.com/news-portal/?id=17&ref=490&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis Bitcoins Parabolic Envelope Could Push to $8000s
Bitcoin has had a quite a year thus far, to say the least. A 10x return since the beginning of the year has put bitcoin on a parabolic growth path that is testing the limits of this 2-year long bull marketFigure 1 BTC-USD, 3-Day Candles, Parabolic Growth EnvelopeThe gains have been incredible for those trading bitcoin for the last couple years, and it appears that this parabolic envelope is coming to a close. In order for this bull market to remain viable, it will need to keep up on a very agSource: http://cryptscout.com/news-portal/?id=20&ref=2001&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Funding the Blockchain Future of the Digital Media Industry
BTC Media, the largest media group in the blockchain and cryptocurrency space, announced the launch of BTC Labs, a venture studio focusing on launching and incubating blockchain applications for the digital media industry on September 25, 2017.BTC Labs, in turn, introduced Storyboard Ventures, a venture financing arm of the organization, seeded with $2 million to fund forward-thinking and promising media projects. According to BTC Media, Storyboard Ventures will be vigorously searching for thSource: http://cryptscout.com/news-portal/?id=20&ref=2000&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Confideals Crusade to Harness the Power of Smart Contracts
nnnnnnnnnIn his book Down The Rabbit Hole Discover The Power of Blockchain, author Tim Leanhighlights the evolution of smart contracts and their use ensuing from thenblockchain. nnThe term smart contract was first coined by ancomputer scientist Nick Szabo, Lea writes. In his 1996 article in thenmagazine Extrophy, he broadly described a smart contract as thenability to bring refined legal practices of contract law to the e-commercenprotocols between strangers and the internet. nnIn their mostSource: http://cryptscout.com/news-portal/?id=20&ref=1999&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
CryptoShuffler malware Hackers stole over $150,000 from numerous popular cryptocurrency wallets
The malware has been around since last year and has been targeting popular cryptocurrencies including Bitcoin, ZCash, Ethereum, Monero and others.Source: http://cryptscout.com/news-portal/?id=17&ref=489&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Op Ed Three Legal Pitfalls to Avoid in Blockchain Smart Contracts
Increasing improvements to blockchain technology which allows for the transfer of ownership without the use of a centralized third party such as a bank has resulted in the mass availability of blockchain smart contracts. A smart contract is a prewritten software program that automatically performs each party's obligation in an if-then format, while taking advantage of blockchain's decentralized verification system. Uber-secure cryptocurrencies, such as bitcoin, use the same type oSource: http://cryptscout.com/news-portal/?id=20&ref=1998&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
An improved mobile experience
Source: http://cryptscout.com/news-portal/?id=4&ref=224&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Setting Bitcoins Price Mechanism CME Group to Launch BTC Futures
On the anniversary of the publication of Satoshi Nakamotos Bitcoin white paper, the price of Bitcoin reached a new all-time high, following the news that CME Group, one of the worlds largest derivatives exchanges, will launch a Bitcoin futures product on November 14, 2017.Futures or derivatives in general are understood by their relationship to risk. They are investment products that can be bought and sold in the future based on being pinned to a fixed price through a contractual agreement. BSource: http://cryptscout.com/news-portal/?id=20&ref=1997&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
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