Altandbit news feed

in cryptocurrency •  4 months ago

Vitalik Vs. Apple: App Store Is Restrictive & Nobody Is Complaining

Vitalik Buterin, co-founder of the Ethereum platform, is quite active on Twitter and absolutely does not hold back when there is something that needs to be said. This time, Apple’s app store was on the receiving end of his criticism: he thinks that it is strange that they get so much power and almost nobody complains.

A Plan to Send Millions in Bitcoin to Venezuela Is Moving Ahead

Developer Jonathan Wheeler is at an impasse of sorts. The former bank employee turned developer doesn't want to say too much about his newest project, an effort he believes could soon help people living under one of the world's most oppressive monetary regimes. That's because he needs others to help him with his mission – getting bitcoin in the hands of Venezuelan citizens by way of a massive mobile airdrop.

Sacramento Kings will mine cryptocurrency to support good causes

The Sacramento Kings have a history of experimenting with cutting-edge tech, and now they're using it to better their community. The basketball team plans to mine Ethereum in an arena-based data center as part of a new MiningForGood initative. The cryptocurrency they'll generate will help Sacramento-based causes, starting with the Build Black Coalition helping local black residents with technology education and workforce development. It's reportedly the first team anywhere to mine digital money.

Bitcoin Price Defends $6K as Traders Go Long

Bitcoin's (BTC) price charts remain biased to the bears, but market positioning on a major exchange suggests a sustained break below $6,000 may remain elusive in short-term.

FBI Has 130 Cryptocurrency-Related Investigations, Agent Says

The Federal Bureau of Investigation has 130 cases tied to cryptocurrencies, according to an agent speaking at a digital-asset industry conference in New York.
The cases “threat tagged” to virtual currencies encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks, according to Kyle Armstrong, a supervisory special agent.

Industrial Giant GE Eyes Blockchain in Fight Against 3D-Printing Fakes

Industrial conglomerate General Electric (GE) wants to use a blockchain to verify 3D-printed parts in its supply chain, according to a recently-published patent filing.

Bithumb Claims to Have Retrieved $14 Million in Hacked Crypts

South Korean cryptocurrency exchange Bithumb says it has almost halved the losses arising from a recent hack.

Messaging Giant Line to Launch Crypto Exchange in July

Line, the company behind a popular chat app in Japan, announced Thursday that will open a cryptocurrency exchange in July.

Financial overlords are spreading cryptocurrency misinformation disguised as ‘research’

As blockchain tech continues to find growing popularity, a large number of mainstream financial institutions are jumping in to provide their insights and opinions. But despite years of experience in the world of finance, it seems that many of these institutions are still struggling to understand the pros and cons of cryptocurrencies.

20% of UK Millenials Prefer Bitcoin Over Real Estate - Survey

20% of the surveyed UK millennials, a group of the population aged between 21 and 35, would rather invest in Bitcoin than in real estate, the UK-based build-to-rent developer Get Living said in its report "Millenial Living in 2018".

Indian Women More Bullish On Crypto than Men, Invest Twice As Much

Despite being a minority among crypto investors, just like anywhere else, women in India actually spend on cryptocurrency twice more than men do. A newly released survey also found that the majority of Indian crypto users live in big cities like Delhi, Mumbai, and Bangalore. The study comes out while Indians expect new regulations within weeks.

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