News In 50 Words - Saturday, 03 Feb

in #news6 years ago (edited)

Last 24 Hour News

If you have missed the latest news from the Crypto World or don't have much time to read all the long articles, don't worry.
Read them here where every news is explained in 50 words.

Apple co-founder Steve Wozniak bought bitcoin at $700—and cashed out when the price shot up

Wozniak Tried to buy bitcoin when it was at $70 but due to the requirement of a special type of bank account to buy bitcoin, he couldn't. He then jumped in when it was at $700 and sold out when it shot up as he didn't want to put himself in the hassle of numbers and checking price now and then.

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Canadian Regulators Approve Country's First Blockchain ETF

The Ontario Securities Commission has approved Canada's first blockchain exchange-traded fund (ETF), which is set to launch on the Toronto Stock Exchange next week. First blockchain ETFs to trade in the U.S. launched on Nasdaq and NYSE Arca last month.

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Disrupting Social Networks with a Social Network that Pays and Lets You Enjoy It

CinemaWell.com is a site which implements the blockchain solution to encourage the budding filmmakers to make films and upload them on their site while at the same time they provide users the ability to watch videos.They are rewarding in the form of ApplauseCash (APLC) tokens.

Article Link


India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, Media Panics

India’s Finance Minister, Arun Jaitley, has confirmed that the country’s government will not recognize cryptocurrencies as legal tender, adding that authorities will seek to ramp up efforts to “eliminate” the use of virtual currencies in illicit transactions.

Article Link


Qtum Launches ‘First Ever’ Blockchain Node Into Space

Qtum, a Blockchain project focused on Decentralized Applications (DApps), announced on Twitter Friday, Feb. 2, that the “first ever space-based Blockchain node,” made by Qtum, has been launched on a Chinese satellite.

Article Link


Bitcoin Mining Comes To New York As Lawmakers Approve Power Allocation

Cloud mining service Coinmint has won approval to take over an abandoned smelter for Bitcoin mining operations on Tuesday, Jan. 30.The operation should involve a $165 mln investment in infrastructure from Coinmint and the creation of 150 jobs for the population of nearest town Massena and the surrounding area.

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We were discussing here mining and look now how bad profit has become now

Hi @suf1an
i really appreciate your work and your way of summing up the news.

Here a little funny gift i made for you.
Hope you enjoy it ^^

Webp.net-gifmaker.gif

made by @red-panther

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This post has received gratitude of 1.37 % from @appreciator thanks to: @suf1an.

This post has received a 6.09 % upvote from @boomerang thanks to: @suf1an

259% upvoted Thanks!!

It's good news for Canada's first blockchain exchange-traded fund (ETF). 259% upvoted Thanks!

I missed the news over the weekend! Thanks for this.

Man. I am from Pakistan too. :) Hope you are enjoying on steemit. I am a newbie.

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Hey, It is nice to see that you are also from pakistan.

Yes, these bots are legal and you can use them to get your content upvoted. It depends what percentage of return they or worth of vote they give you.Yes you can make money and lose money too, it depends on different factors like how much did they vote and what is the price of steem and SBD when you are getting paid for your post from steemit.I only use them to get attention and to remain in the hot section of that tag so I could get more visibility.

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