Gibraltar Stock Exchange adds Bitcoin ETI

BitcoinETI, an asset-backed Exchange Traded Instrument that exclusively invested in bitcoin will be included in the Gibraltar Stock Exchange under the ticker BTCETI. In an announcement today, the Gibraltar Stock Exchange (GSX) has revealed its addition of BitcoinETI, a bitcoin-centric Exchange Traded Instrument (ETI). The stock exchange states that the asset-backed ETI’s inclusion will be […]

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As Mining Expands, Will Electricity Consumption Constrain Bitcoin?

Since the modern economy has gone digital, it has come to require more electricity. Peter Kelly-Detwiler, co-founder of NorthBridge Energy Partners, LLC, a consulting firm that helps companies connect assets to power grids, examined the impact that expanding cryptocurrency is having on energy consumption in a recent Forbes article. He raises the possibility power supply could […]

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Miners to Attack Ethereum Classic after Polonix’s Listing

Chandler Guo, a well-known and respected figure in the Chinese digital currency community stated that he, assisted by other miners, will 51% attack Ethereum Classic as soon as possible. View post on imgur.com Speaking to CCN, Chandler stated that they would isolate any block so that transactions cannot be confirmed which was necessary because of […]

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Ethereum Hard Fork: Untested Code Put Investors at Risk

The Ethereum hard fork, executed to prevent future hacks like the DAO fiasco, marks the first Ethereum bailout, according to Frances Coppola, a finance, banking and economics journalist, writing in Forbes. The Ethereum community needed the hard fork to prevent future hacks because the code wasn’t properly tested to begin with, disproving the claim of […]

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Beyond The Hype: What Blockchain Really Bring To Payments

Banks have not prepared to retain control of customers and merchant payment interfaces in the face of blockchain or distributed ledger, according to managing consultant firm Bain & Company white paper. Such technology removes intermediaries, simplifies counterparty connections and records data in a tamper-proof manner. It also promises faster speed, more transparency and efficiency for […]

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HackETHon to Bring Data Analytics to Smart Contracts

Thomson Reuters, a multinational media and information corporation which employs 60,000 worldwide with a yearly revenue of more than $12 billion, is sponsoring a three day HackETHon to be held from the 9th to the 11th of September 2016. The event is focused on Ethereum based smart contracts with challenges and prizes for data-driven smart […]

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Bitcoin Price Decline Pauses Before Drop

Bitcoin price decline takes a break. The market is struggling to buy price higher in a correction, thereby, heralding the next wave of decline. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 14h00 UTC Bitstamp 1-Hour Candle […]

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The Ethereum Hardfork Advances Blockchain Governance and Technology

The fundamental assumption of any blockchain, whether public or private, is that 51% of actors are honest. For this assumption to hold, there must be decentralization (a sufficiently large number of individual/entity actors to such extent that exercising direct influence on 51% of actors is unfeasible) in four key aspects: developers, miners/stakers, exchanges/businesses, and media […]

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Bitcoin Price Decline 100% Confirmed

Bitcoin price decline intensifies. Many participants are expressing anger at the prospect. However, remember that you share this market with bitcoin price whales – some of them orcas feeding on your buy positions, right now. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. […]

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