Centralized

Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win (bitcoin.worldnewsoffice.com) 10/23/2019 - 3:39pm
People will quickly realize that libra, a digital U.S. dollar or any other centralized digital currency will not improve their finances or well-being.The post Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win appeared first on Bitcoin Magazine.
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How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency (news.bitcoin.com) 10/23/2019 - 2:04pm
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture, many centralized payment processors have learned to...
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Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win (bitcoinmagazine.com) 10/23/2019 - 1:57pm
As Mark Zuckerberg testifies in Congress today, October 23, 2019, about Libra, the prevailing question is no longer if digital assets will go mainstream, but how they will do so and who will control them when they do. In one corner is the U.S. government. Inspired by and fearing China’s progress in launching a digital yuan, the Federal Reserve is...
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Decred’s Politeia: Lessons Learned From A Year Of Decentralized Governance (cryptobriefing.com) 10/23/2019 - 12:35pm
With its tandem on and off-chain governance system, the Decred community has enjoyed a productive year of uniquely decentralized decision-making. After the submission of more than 50 proposals, resulting in 25 approvals, with the casting of nearly half a million votes, members of the Decred community have learned a lot about reaching consensus on...
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Flash Crash Sends Bitcoin Price Below Key Moving Average (newsbtc.com) 10/23/2019 - 11:01am
Ouch. Over the past few hours, Bitcoin has finally seen some volatility play out after a multi-week lull, plunging below $7,500 after holding in the low-$8,000s for days on end. Per previous reports from NewsBTC , this move largely caught traders off guard, with there being a massive long liquidation event of over $200 million on BitMEX amid this...
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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise (news.bitcoin.com) 10/23/2019 - 10:45am
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling out acts of god and unforeseen circumstance, the...
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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise (e-cryptonews.com) 10/23/2019 - 10:45am
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling out acts of god and unforeseen circumstance, the...
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Celsius Network Now Supports Tether At 12% Interest (cryptobriefing.com) 10/23/2019 - 9:57am
Celsius Network will begin supporting Tether (USDT) , the largest stablecoin in the market, in its interest-earning wallet. That will enable users to leverage their holdings in order to receive a passive income. Announced today, the news means that USDT will become the twentieth coin supported by Celsius Network. Users will be able to earn...
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The Leading Crypto Data and Trading Service Adds Decentralized Trading Data (finance.yahoo.com) 10/23/2019 - 1:11am
Kraken's Cryptowatch and Totle Partner to Unite Centralized and Decentralized Cryptocurrency Markets DETROIT, Oct. 22, 2019 /PRNewswire/ -- To date, cryptocurrency exchanges and decentralized ...
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Centrality (CENNZ) Goes Through Boom-And-Bust Cycle (cryptovest.com) 10/23/2019 - 12:02am
CENNZ trades exclusively on HitBTC, with no price discovery on other markets, allowing for a centralized short-term pump. More than 98% of CENNZ activity is against Bitcoin (BTC).
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FinCEN Chief: Cryptocurrency Firms Aren’t Above the Law (blockonomi.com) 10/22/2019 - 11:23am
Like it or not, cryptocurrency firms have long operated in a legal gray zone. For most of Bitcoin’s ten-year lifespan, exchange platforms and other services providers didn’t implement Know Your Customer (KYC) and Anti Money Laundering (AML) procedures. But this is changing. And quick. Bitcoin & Crypto In FinCEN Director’s Scopes Speaking to an...
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The Biggest Challenge of the Consumer Web — and How Crypto is Poised to Solve It (blog.coinbase.com) 10/22/2019 - 11:12am
The Biggest Challenge of the Consumer Web — and How Crypto is Poised to Solve It Introducing Around the Block, a new blog from Coinbase that aims to provide context on the constantly evolving cryptocurrency landscape through explanations of new protocols, key ecosystem developments, and more. By Justin Mart and the Coinbase Ventures team Coinbase’...
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Bitmain in Texas, Binance Ruble, Bitcoin.com Nabs O3 Labs (coinspice.io) 10/22/2019 - 10:44am
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. FinCEN pushes AML for cryptocurrencies. Bitcoin.com acquires development startup O3 Labs. Facebook Libra could take another path to launch. Binance will debut fiat-to-crypto trading with the ruble. Bitmain launches 50MW mining farm in Texas, and Bitfinex files a discovery...
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What Would Happen To Bitcoin If The World Had To Go Into Recession? (themerkle.com) 10/22/2019 - 3:45am
Things are pretty rough for the global financial markets at the moment. So much so that economists are speculating that we’re about to go into a recession. Recession affects all of us, but for those that hold Bitcoin or other cryptocurrencies, things might feel a little more uncertain. Why? Well, we haven’t really seen a global recession since the...
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Blockstream CEO Adam Back: How Bitcoin Sidechains Could Destroy Altcoins (newsbtc.com) 10/22/2019 - 12:41am
Early cryptocurrency developer and British cryptography expert Adam Back has been speaking at the Transylvania Crypto Conference about Bitcoin sidechains. The basic premise is that this additional functionality could render many of the altcoins simply unnecessary. Bitcoin Sidechains The Future It has been five years today since the original...
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Blockstream CEO Adam Back: How Bitcoin Sidechains Could Destroy Altcoins (e-cryptonews.com) 10/22/2019 - 12:41am
Early cryptocurrency developer and British cryptography expert Adam Back has been speaking at the Transylvania Crypto Conference about Bitcoin sidechains. The basic premise is that this additional functionality could render many of the altcoins simply unnecessary.Bitcoin Sidechains The FutureIt has been five years today since the original...
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How Would Bitcoin Fare in a ‘Growth Recession?’ (beincrypto.com) 10/21/2019 - 6:09pm
It is being predicted that the chance of a global recession is now as high as it was in July 2007 — just before the 2008 housing crisis sparked a massive downturn in the economy. However, even if it is an ‘ Everything Bubble ‘ approaching, it will probably be a Growth Recession that follows. This may be good news for Bitcoin. A Growth Recession is...
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Facebook’s 2020 Election Plan Is What George Orwell Warned Us About (ccn.com) 10/21/2019 - 6:00pm
Is Facebook becoming the paragon of what George Orwell feared, a centralized authority over what’s true and what isn’t? In the last year, journalists at Bloomberg, Forbes, and The Guardian have all leveled that charge. (A Bloomberg article actually supports it.) With its 2020 election policy, “Helping to Protect the 2020 Elections,” Facebook might...
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Uniting Centralized and Decentralized Cryptocurrency Markets with Cryptowatch and Totle (cryptonewmedia.press) 10/21/2019 - 2:05pm
Crypto New Media Press To date, cryptocurrency exchanges and decentralized financial markets have grown alongside each other with little overlap. That’s about to change. Now, through a partnership with Cryptowatch and Totle, you can use Kraken’s Cryptowatch platform to access rich decentralized exchange data via Totle in the same place you trade...
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BTC, BSV, BCH Update, HOT and NEW See Gains, Oct. 21 (bitrates.com) 10/21/2019 - 10:46am
BTC BTC Price Index Bitcoin is currently trading above $8,200 as selling pressure has continued for the last weeks. The move is still contained by the 50-61.8% Fibonacci levels, so we are still looking at a correction of the move that began in December 2018. The price action is still heavy and the market dynamics are the same. The only hope of...
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From 6,000 BC to 21,000,000 BTC, Part II: The era of coins (blog.trezor.io) 10/21/2019 - 10:22am
In the first article of the Trezor series From 6,000BC to 21,000,000 BTC , we went through the ancient history of money. The part of history where our ancestors appreciated money because of its inherent value, not because of trust in the issuer of the currency.Early ancient coins only rarely carried any face value, and their value was represented...
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BitDEX: A decentralized exchange for perpetual swaps (theblockcrypto.com) 10/21/2019 - 7:20am
Universal Market Access (UMA) is a platform for financial product innovation on the Ethereum. The project is comprised of two intersectional products: a synthetic token issuance platform and an oracle mechanism. Recently, the UMA team published a paper, BitDEX: Building a Decentralized BitMEX using Priceless Financial Contracts , outlining a...
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ILCoin Resolves Scalability, Security Issues Of Blockchain Data Storage (cryptonewmedia.press) 10/21/2019 - 6:46am
Crypto New Media Press The dawn of blockchain has given way to a field of possible adaptations for the technology. One of the leading possibilities for the distributed ledger network is on-chain data storage. ILCoin Trumps the Scalability Hurdle Because of the decentralized nature of blockchain — having no centralized entity controlling access to...
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ILCoin Resolves Scalability, Security Issues Of Blockchain Data Storage (btcmanager.com) 10/21/2019 - 6:40am
The dawn of blockchain has given way to a field of possible adaptations for the technology. One of the leading possibilities for the distributed ledger network is on-chain data storage. ILCoin Trumps the Scalability Hurdle Because of the decentralized nature of blockchain — having no centralized entity controlling access to the files — blockchain...
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Bitmain Texas Bitcoin Farm Combats China Mining Monopoly (bitcoinist.com) 10/21/2019 - 5:00am
Bitcoin mining giant Bitmain has unveiled a new US facility which could become the biggest mining operation in the world. The newly proposed 33,000 acre farm is a positive step in reducing China’s bitcoin mining dominance. Bitmain: Texas Farm Can Hit 300 Megawatts In a press release on October 21, executives confirmed its latest Bitcoin mining...
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McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat (news.bitcoin.com) 10/21/2019 - 3:15am
In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where users won’t need to exchange their cryptocurrencies for fiat. Crypto...
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Why Cryptocurrency is in The Spotlight For More Central Banks (newsbtc.com) 10/21/2019 - 1:30am
For most of its short life Bitcoin has been a plaything for computer geeks and largely ignored by banks and governments. That all changed in late 2017 when an epic rally sent prices soaring to new peaks. Since then central banks have been paying closer attention to cryptocurrency, especially in recent months as Facebook threatens to usurp their...
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Why Cryptocurrency is in The Spotlight For More Central Banks (e-cryptonews.com) 10/21/2019 - 1:30am
For most of its short life Bitcoin has been a plaything for computer geeks and largely ignored by banks and governments. That all changed in late 2017 when an epic rally sent prices soaring to new peaks. Since then central banks have been paying closer attention to cryptocurrency, especially in recent months as Facebook threatens to usurp their...
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Decred X / Part II -Deck of Cards – BlackBearXVII (cryptonewmedia.press) 10/20/2019 - 7:40pm
Crypto New Media Press “Money, we all make it. But before we see it, they take it.” — Marvin Gay Concentrated power brings about misaligned control. Misaligned control eventually morphs into coersive might. Coersive might eventually reveals its head as conquest and robbery. And thus it is, how centralized power plays out. Even with the narrative...
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Letters From Venezuela: Another Crypto Lifeline Closed as Bittrex Suspends Services (coinspice.io) 10/20/2019 - 11:35am
TL;DR: Letters from Venezuela is an exclusive CoinSpice series, an inside look from a reporter on the ground, documenting the South American nation’s last stand among sanctions, political unrest, international condemnation and concern, economic collapse, and the specter of cryptocurrency possibly demonstrating its main use case. In this...
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Bitcoin v/s Altcoins: The Forever Debate (blog.zebpay.com) 10/20/2019 - 12:31am
The last time Bitcoin reached a high peak this year was in the last half of June. It rose above $13,800 and instantaneously the focus moved to altcoin prices. Would the altcoins follow Bitcoin and finally come to a boom phase? Would the much awaited “Alt Season” (which is when altcoins outperform Bitcoin for a sustained period of time) finally...
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Model That Predicted Bitcoin Price Drop to $8,000: Bears Are Done (newsbtc.com) 10/19/2019 - 5:30pm
The Bitcoin (BTC) bear trend that brought the cryptocurrency from $14,000 to $7,700 is over… according to a price model anyway. In early-August, a cryptocurrency investment boutique unveiled a price prediction model that used Facebook’s Prophet machine learning software in Python. BurgerCrypto, as the upstart is called, revealed in their model...
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Facebook’s Libra Should Be ‘Prevented’ Says German Lawmaker (beincrypto.com) 10/19/2019 - 10:20am
Facebook’s Libra stablecoin, designed to facilitate international finance without the strains of government interference, has come under increasing pressure. This Friday, German Finance Minister Olaf Scholz added fuel to the fire, saying that Libra should be ‘prevented .’ The statements were made before the International Monetary Fund (IMF) and...
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Bitcoin ‘Greatest Gift’ to Mankind, Says Former Google Africa CEO (cryptosyringe.com) 10/19/2019 - 3:24am
Stafford Masie, general manager of WeWork South Africa and former chief of Google Africa, believes bitcoin, more than any other technology, has the ability to permanently change the world for the good. Speaking at the SingularityU South Africa Summit this week, Masie said that bitcoin’s ability to provide an exchange of value without the need of a...
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HTC's Exodus 1s can run a full Bitcoin node for under $250 (engadget.com) 10/19/2019 - 1:50am
The highlight feature of the device is that it can function as a full node. This means the phone is able to validate and transmit Bitcoin transactions independent of a centralized third-party. In this ...
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Op Ed: Stablecoins Report Illustrates That G7 Leaders Don’t Understand Bitcoin (bitcoinmagazine.com) 10/18/2019 - 1:20pm
A G7 working group focused on the potential effects of stablecoins on the global economy has released a new report . In it, the working group indicates that bitcoin has failed to act as a reliable store of value or medium of exchange for its users. The report focuses heavily on the potential implications of widely used stablecoins, which are...
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Op Ed: Stablecoins Report Illustrates That G7 Leaders Don’t Understand Bitcoin (e-cryptonews.com) 10/18/2019 - 1:20pm
A G7 working group focused on the potential effects of stablecoins on the global economy has released a new report. In it, the working group indicates that bitcoin has failed to act as a reliable store of value or medium of exchange for its users. The report focuses heavily on the potential implications of widely used stablecoins, which are...
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Bitcoin Currency Reached 40% of Average Fiat Currency Lifespan (thecoinrise.com) 10/18/2019 - 12:51pm
Bitcoin Currency may only be ten years old, but it is about to match half the lifespan of the average fiat currency — while actually increasing in value. Average fiat dies in 27 years, and Bitcoin Currency? As Bitcoin currency statistician and commentator Willy Woo noted on Oct. 18, the largest cryptocurrency has been around 40% as long as the...
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Libra Has Lost A Quarter Of It’s Partners: And That Might Not Matter At All (blockonomi.com) 10/18/2019 - 12:07pm
Libra – the cryptocurrency project Facebook that aims to compete with PayPal and other payment processors was facing a terrible blow when nearly 1/4 of their partners decided to drop out from the project citing a number of concerns. But in a recent statement to Yahoo finance, Libra leader David Marcus reaffirmed that the project was “absolutely...
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Report from the 2nd Southeast Asia Cryptocurrencies Working Group Meeting (blog.cex.io) 10/18/2019 - 10:39am
The 2nd Southeast Asia Cryptocurrencies Working Group Meeting hosted by the United Nations Office on Drugs and Crime was held in Singapore. The event was a success as it brought together all key industry actors spanning, government regulators from 13 countries, law enforcement from several countries, 6 globally recognized exchanges, and countless...
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Open Gardens – Provably Neutral (cryptonewmedia.press) 10/18/2019 - 10:35am
Crypto New Media Press Originally published in The Defiant (9/27). The Internet is filled with Walled Gardens — closed ecosystems controlled by centralized operators who extract as much value as possible. History has shown us that as platforms grow, Walled Gardens become increasingly parasitic to their own users and 3rd parties. Chris Dixon...
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Mike Novogratz: Bitcoin Price Could Fall as Low as $6,500 (blockonomi.com) 10/18/2019 - 8:49am
Bitcoin (BTC) hasn’t been doing all too hot as of late. The cryptocurrency is down by some 45% from its year-to-date peak of $14,000, sentiment has begun to flip widely bearish once again, and investors have begun to brace for Crypto Winter 2: Electric Boogaloo, so to speak. While the bearish price pressure has paused for now, with Bitcoin...
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What Centralized Exchanges Tell Us About Crypto Investors (cryptonewmedia.press) 10/18/2019 - 7:29am
Crypto New Media Press When comes to trading, centralized exchange rule the crypto market. Based on some of the work we have done at IntoTheBlock, we believe around 40% of the daily volume in major cryptocurrencies is processed through centralized exchanges. Sadly, centralized exchanges are also one of the most difficult components to analyze in...
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Bitcoin India 101: 1 Bitcoin to INR, Bitcoin Price in India and more (chaintimes.com) 10/18/2019 - 1:14am
Over the years, the world has seen progress in the way things work, the technology we use, the rules and regulations as well as the infrastructure around us has changed. The world is moving towards modernization, and India is among the leading countries in this growth . Over the years, we have noticed certain changes in India, let it be the...
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Centralized Entitlement vs. Decentralized Gratitude 10/17/2019 - 4:58pm

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Cyber Security Firm Discovers Monero Mining Malware in a European Airport (coinfo) 10/17/2019 - 4:36pm
Cybersecurity firm, Cyberbit discovered a cryptocurrency mining infection, “xmrig Monero miner,” which was installed at more than 50% workstations of an international airport in Europe. Cyberbit researchers found the malware while running the firm’s Endpoint Detection and Response (EDR), advanced behavioral detection, and threat hunting program at...
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CoinMarketCap Launches Interest Rate Comparison for Cryptoasset Lending Platforms (cryptobriefing.com) 10/17/2019 - 10:43am
CoinMarketCap has launched a new product, ranking crypto-asset lending platforms according to the interest rates on offer. The product, called Interest by CoinMarketCap, works in a similar way to the existing ranking service, but in this case ranks crypto assets, 33 in total, by the interest rates borrowers and lenders either pay or earn...
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