Blockchain startup Ripio has raised $37 million in an initial coin offering (ICO). Originally known as BitPagos, the company (which rebranded early this year) had previously raised $31 million during a presale, which included backing from FBG Capital and Blocktower Capital, among others. Investors from 25 countries participated in the two rounds, contributing a total of 121,300 ETH, according to […]
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A strategist at Deutsche Bank has written a paper discussing the start of the end of the fiat currency system. Could this be an opportunity for digital currencies to replace it? Deutsche Bank strategist Jim Reid has written that the dominance of the fiat system ‘is inherently unstable and prone to high inflation.’ He adds that the […]
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The price of bitcoin has slid below $7,000 just a day after climbing above the $7,600 level. The turnaround represents a more than $400 decline amid today’s trading, according to data from the CoinDesk Bitcoin Price Index (BPI). As previously reported, prices jumped to an all-new high yesterday before starting to pull back as Monday’s […]
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Guarda, the team of blockchain professionals, recently introduced their new wallet to the market. The wallet is known for its hyper-security of the private key which is not transferred from the application in any way and is safely stored inside the Android key storage. Guarda added a new feature in their mobile application — the […]
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There have been a lot of discussions as to what Bitcoin and other cryptocurrencies may be able to achieve in the long run. This new form of money has a lot of potential, although that doesn’t mean it will replace fiat currency anytime soon. The latter category may not be around forever, though. Deutsche Bank’s Jim Reid, […]
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Bitcoinist.net · November 6, 2017 · 3:30 pm San Francisco, November 7, 2017 – Quantstamp and Experty announce their partnership to provide smart contract auditing consultations. [Note: This is a press release.] Today, Quantstamp and Experty announced their partnership to solve one of the biggest problems currently facing the blockchain industry. Many blockchain companies are […]
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Technology This week at the Scaling Bitcoin Conference 2017, at Stanford University in California, bitcoin proponents heard about a new block propagation technology that claims to be 10X more efficient than compact blocks. The protocol called “Graphene” is a new method of reducing bandwidth to propagate blocks to full nodes by utilizing bloom filters and […]
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In the Wake of a Successful IPO on the Frankfurt Stock Exchange, The NAGA Group AG Announces Upcoming NAGA Coin (NGC) Token Sale November 6, 2017 GMT | Guest User The NAGA Group AG is a German FinTech company listed on the Frankfurt Stock Exchange with over 150 employees. Today, they officially announced their Token […]
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Key Highlights Ripple price is back in the range above the $0.1960 support zone against the US Dollar. There is a bearish trend line forming with resistance at $0.1990 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might soon break $0.2000 to trade towards $0.2050 or even $0.2100. Ripple […]
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BTC/USD Bitcoin pulled back a bit during the day after initially trying to rally on Friday, as $7500 has offered a bit too much in the way of resistance. That makes sense though, because quite frankly we have gotten a bit overextended. At this point, I’m more than willing to wait for a pullback towards […]
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