Jazzle Games hopes to help its members strike it lucky with their platform, which allows members to invest in the construction of casinos and receive a part of the subsequent profits. Gambling is a multi-billion-dollar industry which continues to grow as more and more people find their excitement, and sometimes wealth, through casinos. Even though online… View Article
Archives for February 16, 2018
Cryptocurrency investments, blockchain trends and industry development vectors will be discussed at Blockchain & Bitcoin Conference Thailand
On March 6, Bangkok will host a large-scale international conference on blockchain, cryptocurrency and ICO – Blockchain & Bitcoin Conference Thailand. The event will be held at the five-star hotel Pullman Bangkok Grande Sukhumvit.
Leading experts of the cryptocurrency sector from Thailand, as well as international experts from other countries will speak at the conference. Names and topics of the seven speakers are already known.
Joseph Tsou is the managing director at BlockEx. He has extensive experience in financial services and he is also a fintech expert. The topic of his presentation is “Basic concepts of blockchain technology and a review of the cryptocurrency sector: trading, investments and ICO.”
Vladislav Sapozhnikov is a co-founder and CEO of a decentralized cryptocurrency exchange Deex.Exchange. This expert in digital assets will talk about why decentralized ecosystems that use BitShares platform are the future of blockchain technology.
The investor and CEO of the DAV Foundation, Noam Copel, dedicates his presentation to everyone who is interested in effective investments and ICO. His report “How to evaluate a token” covers many aspects – from the classification of tokens themselves to the history of the DAO foundation.
Cal Evans is a lawyer and consultant on cryptocurrency agreements at Gresham International. As one of the few experts on international law regarding cryptocurrency, in his report he will cover legal aspect of blockchain projects.
Keith Lim will talk about trends in the blockchain industry and current state of the cryptocurrency market. The expert manages the insurance service Hearti, which is based on blockchain and artificial intelligence.
Head of the SyncFab MFG Token Sale project Jeremy Goodwin is a high-tech enthusiast. He is interested in such innovations as additive and advanced manufacturing, artificial intelligence, cryptography and decentralization. The topic of his speech will be known later, as well as the topic of the report of another speaker – Dr. Jason Corbett – managing partner at the Silk Legal law firm.
Subscribe to the project news not to miss the announcements of new speakers and participants of the exhibition area! Registration to the conference is already open.
The post 7 speakers of Blockchain & Bitcoin Conference Thailand appeared first on NewsBTC.
A Speedier, More Decentralized, More Energy-efficient Consensus Algorithm on the Rise As cryptocurrency moves into the center of public spotlight amidst volatile growth, much attention has been dedicated to its mammoth energy consumption from mainstream critics. A report from Morgan Stanley claims that in 2018, mining Bitcoin will consume as much energy as the entire… View Article
The Asian holiday weekend is upon us and markets are looking good. Most digital assets are in the green and Bitcoin is holding steady at over $10k again. Altcoins are once again being pulled up by their big brother and, as expected, one is standing out from the crowd.
According to Coinmarketcap NEO is the only altcoin trading in double digit gains during this morning’s Asian session. Up to $140 from $121 this time yesterday, Neo is having a solid run and it 13% higher. All other cryptocurrencies are marginally up on yesterday’s levels. Neo has been one of the few altcoins that has shown a lot of resilience during the big dip on February 6. It dropped to a low of $67 and has since made gains of over 100% over the past ten days. Neo’s all-time high came in mid-January when it reached $195.
Often referred to as the Chinese Ethereum, Neo has made steady progress over the past three months. It does not have the wild fluctuations that other altcoins experience and is one of the more stable cryptocurrencies. Neo is a platform, similar to Ethereum, which enables developers to build decentralized applications on. It is being used for a number ICOs and new projects in the region.
The community is very active and developer conferences are held often across the world. The launch of a new decentralized NEO and GAS powered exchange called Neon is likely to boost prices further however the project is still in pre-ICO stage. As with most cryptos, Neo is traded predominantly in South Korea which has over 30% of the global volume. Market capacity currently sits at $8.9 billion and Neo is ranked at number 7. Over $264 million has been traded in the past 24 hours.
Other altcoins enjoying solid gains during the Asian session are Monero, Litecoin, OmiseGO and Verge.
More on Neo can be found here: https://neo.org/
FOMO Moments is a section that takes a daily look at the top 25 altcoins during the Asian trading session and analyses the best performing one, looking for trends and fundamentals.
The post Asian Altcoin Trading Roundup: Top Cryptocurrency is Neo appeared first on NewsBTC.
(ASEAN – February 15th, 2018) Dragon Inc., which is on track to drastically transform the high-stakes and the junket gambling marketplace through its blockchain-based solution, launched its Public Token Sale today. The sale is set to run for 30 days from February 15th until March 15th, 2018, or until the allotted 83 million tokens are… View Article
US daytime television chat show queen, Ellen DeGeneres, featured bitcoin in a recent segment, wondering aloud about its fundamental mysteries with her enthused audience. And while it was a funny look at the cryptocurrency, she managed to expose an often missed demographic to cryptocurrency: baby goat loving moms. Also read: Citibank India Bans Bitcoin Ellen DeGeneres… View Article
The post Visa: We’re Not to Blame for Coinbase Overcharges appeared first on CCN Credit card processing giant Visa is pushing back against allegations that it is to blame for unauthorized charges reported by a growing number of Coinbase customers in recent days. Earlier this month, Coinbase users began reporting that they had been overcharged… View Article
Credit card processing giant Visa is pushing back against allegations that it is to blame for unauthorized charges reported by a growing number of Coinbase customers in recent days. Earlier this month, Coinbase users began reporting that they had been overcharged — sometimes by as much as 50 times their original purchase — for transactions
Cryptocurrency mining is more competitive than ever. With enormous rig constructions consuming more energy than many of the nations of the world dominating the once cottage industry, cutting every possible cost is vital. For this reason, miners like cool climates where electricity is cheap. Endless rows of components brute forcing numerical combinations to release cryptocurrency is warm work and extraction units cost money to buy and run. For these reasons, miners have previously favoured the likes of China and Iceland. However, facing increased regulatory pressure in some territories whilst having no clue what they can and can’t do in others, it makes sense for them to spread their operations as far and wide and possible. Enter Canada.
Canada, like many so-called First World nations, used to have a lot of heavy industry. However, in the globalised world we now live in, much of this has relocated to parts of the planet more favourable to businesses (or with populations more easily exploitable). Towns like Powerview-Pine Falls in rural Canada used to be home to paper mills and built entire economies around now-defunct industries. When businesses like Tembec Inc. left in 2009, they took with them their capital but left behind an infrastructure tailored to heavy industry.
Almost a decade later, digital currencies could be about to breathe life back into such communities. Several of the planet’s undisclosed cryptocurrency miners have reached out to the town in the past month with plans to take advantage of both the town’s cheap hydro electrical resources, as well as the cool climate. Mayor of Powerview-Pine Falls, Bev Dubé, spoke with optimism about the developments in her town to the Financial Post:
“That’s why this is so exciting, it’s something truly new… I’ve been here 40 years, through all the loss of industry and I can’t help but think, you know, is this another world-changing technology coming in? And if we could have any part of it … well, it’s exciting to think they’re coming to us.”
However, being so innovative, the town also have their reservations about the nature of the industry that could be heading their way.
Head of China research at Bloomberg New Energy Finance (BNEF), Sophie Lu, explained to the Financial Post the experience of small Chinese towns that had previously housed textiles mills and since welcomed crypto miners. Despite the cheap, abundant electricity they provide, the relationship was fairly one-sided. The mine employed only around 50 people and any profits generated were immediately taken out of the area. She continued:
“About six months ago they began to realise their local economy wasn’t getting anything from this.”
It’s for this reason that Canadian hydroelectricity companies are claiming that they expect the miners themselves to foot the bill for any infrastructure upgrades or changes that need making. They’re also not entirely sold on the idea yet so are keeping their options open.
This is largely because another industry is vying for cheap and plentiful power sources in the area. Data centres, which can employ many thousands of local people, are an alternative to welcoming cryptocurrency miners. It’s widely expected that this will be more beneficial to the population than the more self-interested crypto miners. Jonathan Côté, a spokesperson for Hydro Quebec, put it simply:
“This is something we have thought about and it’s one of the reasons we were so focused on data centres, not bitcoin mines from the get go… If we had to choose between an Amazon data centre and bitcoin we would definitely choose Amazon.”
However, the mayor of Powerview-Pine Falls is still confident that the town could benefit from the crypto mining industry despite the lack of jobs it might provide:
“We’re excited, but we want to be careful and get the best deal possible. Maybe this doesn’t come into the community and create jobs, but there could be a land purchase or lease or maybe some publicity. If they show interest in our community, others could too.”
The post Could the Small Industrial Towns of Canada Provide the Ideal Home for Crypto Miners? appeared first on NewsBTC.
A young cryptocurrency trader has made history as the first to be charged with criminal fraud for allegedly stealing $2 million USD in bitcoin and litecoin from the Chicago trading house he worked for. Also see: Gong Xi Fa Cai! Bitcoin Tops $10k Again as Chinese Year of the Dog Begins Subscribe to the Bitsonline YouTube channel for… View Article