A small tool to view real-world ActivityPub objects as JSON! Enter a URL
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"content": "- Crypto News - <br /><br />Crypto on the way to gain adoption, i think it will go up until the end of the year.<br /><br />84% of companies are dabbling in blockchain, new survey says<br />The hype around blockchain is growing with the vast majority of companies saying they are \"actively involved\" in the technology, according to a PwC survey published Monday.<br />“Everyone is talking about blockchain, and no one wants to be left behind,” the survey says.<br />Respondents mentioned trust, regulatory uncertainty and compliance as roadblocks to widespread blockchain adoption.<br />Kate Rooney\t| <a class=\"u-url mention\" href=\"https://www.minds.com/Kr00ney\" target=\"_blank\">@Kr00ney</a><br />Published 7:03 PM ET Mon, 27 Aug 2018<br />CNBC.com<br /><br />In a new report published by PwC on Monday, 84 percent of executives surveyed said their companies are \"actively involved\" with the technology.<br /><br />\"Everyone is talking about blockchain, and no one wants to be left behind,\" according to PwC's 2018 Global Blockchain Survey, which included 600 executives from 15 territories.<br /><br />Blockchain is the technology that underlies cryptocurrencies like bitcoin. It records transactions on a public, distributed ledger and gets rid of the need for a third party in most cases. The technology is touted as faster and more secure by advocates and is being tested for everything from health records to the legal marijuana industry.<br /><br />Among the PwC respondents, who were business executives with technology responsibilities, 45 percent said \"trust\" could be the key roadblock in blockchain's widespread adoption.<br /><br />\"In reality, companies confront trust issues at nearly every turn,\" PwC said. \"As with any emerging technology, challenges and doubts exist around blockchain's reliability, speed, security and scalability.\"<br /><br />While high profile investors like Warren Buffett and Jamie Dimon have been publicly wary of investing in cryptocurrency, they're far more bullish on its underlying tech.<br /><br />Companies including Amazon, Microsoft and Facebook are exploring use cases for the technology. Facebook announced in May it is going through a reorganization that will include a new blockchain effort. IBM, Accenture, Deloitte, JP Morgan, and HSBC are among the other corporate names with similar initiatives.<br /><br />Still, respondents mentioned regulatory uncertainty, \"ability to bring the network together,\" compliance concerns, and intellectual property concerns as key obstacles for blockchain adoption.<br /><br />Blockchain's potential has been compared to the internet but so has its hype. In some well-publicized cases, even adding the word \"blockchain\" to a public company's name can send its shares skyrocketing in a single day.<br /><br />Despite the growing interest, other research from Cowen estimated it will take 5.9 years for blockchain to gain widespread adoption.",
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"content": "- Crypto News - \n\nCrypto on the way to gain adoption, i think it will go up until the end of the year.\n\n84% of companies are dabbling in blockchain, new survey says\nThe hype around blockchain is growing with the vast majority of companies saying they are \"actively involved\" in the technology, according to a PwC survey published Monday.\n“Everyone is talking about blockchain, and no one wants to be left behind,” the survey says.\nRespondents mentioned trust, regulatory uncertainty and compliance as roadblocks to widespread blockchain adoption.\nKate Rooney\t| @Kr00ney\nPublished 7:03 PM ET Mon, 27 Aug 2018\nCNBC.com\n\nIn a new report published by PwC on Monday, 84 percent of executives surveyed said their companies are \"actively involved\" with the technology.\n\n\"Everyone is talking about blockchain, and no one wants to be left behind,\" according to PwC's 2018 Global Blockchain Survey, which included 600 executives from 15 territories.\n\nBlockchain is the technology that underlies cryptocurrencies like bitcoin. It records transactions on a public, distributed ledger and gets rid of the need for a third party in most cases. The technology is touted as faster and more secure by advocates and is being tested for everything from health records to the legal marijuana industry.\n\nAmong the PwC respondents, who were business executives with technology responsibilities, 45 percent said \"trust\" could be the key roadblock in blockchain's widespread adoption.\n\n\"In reality, companies confront trust issues at nearly every turn,\" PwC said. \"As with any emerging technology, challenges and doubts exist around blockchain's reliability, speed, security and scalability.\"\n\nWhile high profile investors like Warren Buffett and Jamie Dimon have been publicly wary of investing in cryptocurrency, they're far more bullish on its underlying tech.\n\nCompanies including Amazon, Microsoft and Facebook are exploring use cases for the technology. Facebook announced in May it is going through a reorganization that will include a new blockchain effort. IBM, Accenture, Deloitte, JP Morgan, and HSBC are among the other corporate names with similar initiatives.\n\nStill, respondents mentioned regulatory uncertainty, \"ability to bring the network together,\" compliance concerns, and intellectual property concerns as key obstacles for blockchain adoption.\n\nBlockchain's potential has been compared to the internet but so has its hype. In some well-publicized cases, even adding the word \"blockchain\" to a public company's name can send its shares skyrocketing in a single day.\n\nDespite the growing interest, other research from Cowen estimated it will take 5.9 years for blockchain to gain widespread adoption.",
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"content": "- Crypto News - Hodler’s Digest, May 7-13: From Facebook To NYSE, Mainstream Thinks Of Adoption<br /><br />Top Stories This Week<br />Owner Of New York Stock Exchange Mulls Over Addition Of Crypto Trading<br /><br />The New York Times reported this week that the NYSE might be giving its customers the option to buy and hold Bitcoin, an assertion backed up by documents, emails, and anonymous sources that confirm these future crypto traders contracts.<br /><br />Improvement Code Casper For Ethereum Network Released<br /><br />A new version of Casper, a code upgrade for the Ethereum network that aims to improve the economic consensus protocol, was released this week on Github. The Casper code combines Proof-of-Work (PoW) with Proof-of-Stake (PoS), with the eventual goal for Ethereum to switch entirely to PoS.<br /><br />Facebook Considers Blockchain Tech For Messaging App, Explores Cryptocurrency<br /><br />The head of Facebook’s Messenger app — David Marcus, who is also on the board at crypto exchange and wallet Coinbase — announced this week that he is setting up a small working group for looking into blockchain use across Facebook. Media outlets also reported that Facebook is allegedly “very serious” about plans to launch its own cryptocurrency.<br /><br />Iranians Use Crypto To Move $2.5 Bln Out Of Country<br /><br />Iranians are increasingly turning to Bitcoin (BTC) and other cryptocurrencies in the wake of the US exit from a multilateral nuclear accord with the country this week. The news has plunged the country into economic turmoil, resulting in a surge of interest towards crypto.<br /><br />Federal Reserve Bank Of San Fran Attributes BTC Decline To Futures Release<br /><br />The Federal Reserve Bank of San Francisco wrote in an economic letter this week that Bitcoin’s decline from December’s high of $20,000 to February’s low of below $7,000 can be attributed to the natural process following the introduction of a futures marke — and both the CME and the CBOE launched Bitcoin futures last December.<br /><br /><br /><br />Best Quotes<br /><br /><br />“Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it, or would you say that’s immoral? You wouldn’t trade them, would you? It’s too awful a concept. Well, to me Bitcoin is almost as bad,” — Charlie Munger, Berkshire Hathaway VP<br /><br /><br /><br />“I feel like I’m in two different universes, I need a passport to go between the Bitcoin world and my regular world,” — Chamath Palihapitiya, founder and CEO of VC firm Social Capital<br /><br /><br />Laws And Taxes<br />Colorado Passes Blockchain Bill For Records, Cyber Security<br /><br />The Colorado Senate passed a bill this week that requires government offices and regulatory agencies to consider blockchain use for the protection of confidential records, citing the technology’s use in preventing criminal or unauthorized exploitation and theft.<br /><br />China Government Body Considers Blockchain Standards Release In 2019<br /><br />The director of the Blockchain Research Office at China’s IT Ministry said this week that a working group had already begun research on producing nationwide blockchain standards, with the goal to release the standards by the end of 2019.<br /><br />European Crypto Exchanges Call For Regulation...Of Themselves<br /><br />A UK crypto trading platform and an Austrian crypto exchange have asked for more clear crypto regulation in order to “know where we stand.” According to the two crypto companies, the current AML/KYC regulation leaves them uncertain as to how their businesses fit into the existing regulatory landscape.<br /><br />Crypto Revenue Subject To Taxes In Azerbaijan<br /><br />Azerbaijan’s Taxes Ministry announced this week that crypto-to-fiat transactions will be subject to taxation, as any amount gained by selling should be recorded as income. A local news source says that the Azerbaijani crypto market saw an uptick in popularity from May-December 2017, falling in line with last fall’s global crypto craze.<br /><br />Ukrainian Legislative Body Considers Recognizing Crypto As Financial Instrument<br /><br />The head of Ukraine’s National Securities and Stock Market Commission said this week that the growth of the crypto industry has made it necessary to legally recognize cryptocurrencies and adapt financial regulations: “the point of no return is the past.”<br /><br /><br />Adoption<br />West Virginia Elections Close As First Gov’t Run Blockchain Vote In US History<br /><br />Two counties in West Virginia allowed citizens this week of a certain category — members of the military and those that were eligible for absentee voting — to vote using a mobile blockchain-based platform developed by Voatz.<br /><br />World’s Second Largest Software Firm Enters Blockchain Sphere<br /><br />Software company Oracle will be releasing a platform-as-service product this month and decentralized ledger-based applications next month, working with both a Chilean bank and the Nigerian government in their expansion into blockchain.<br /><br />Australian Blockchain Companies Repurpose Old Real Estate For BTC Mining<br /><br />An unused coal plant in Australia is being turned into a Bitcoin mining operation as per a partnership between two Australian blockchain companies. The proposed mining station would occupy two hectares (almost 5 acres!) of land.<br /><br />More Australia News--Gov’t Considers Blockchain For Trade Supply Chains<br /><br />Australia’s government is looking into using blockchain for the country’s trade supply chain, which would improve the methods of validation and analysis of trade data, said a spokesperson for Australia's Department of Home Affairs (DHA).<br /><br />Telecom Companies Work With Blockchain Startup On Proof Of Concept<br /><br />A collaboration between two major telecom companies and a blockchain startup has successfully tested inter-carrier settlement of services with blockchain. The tests will now be extended to other members of the ITW Global Leaders’ Forum<br /><br />Diamond Mining Giant Tracks Diamonds From Mine To Retailer With Blockchain<br /><br />De Beers has announced it has successfully tracked 100 high-value diamonds from the mine to the store using blockchain tech, as part of their commitment to only deal in conflict-free diamonds.<br /><br /><br />Mergers And Acquisitions<br />Bloomberg Partners With Crypto Merchant Bank For Crypto Price Index<br /><br />Bloomberg has announced the release of the Bloomberg Galaxy Crypto Index (BGCI), created in collaboration with former Wall Street exec Mike Novogratz’s crypto merchant bank, Galaxy Digital Management. For the start, ten coins from the “most liquid” part of the crypto market will be listed, including BTC, ETH, XRP, and others.<br /><br /><br />Gainers and losers<br /><br /><br />The crypto markets saw a slight dip this week — most likely correlated to the news of the police investigation of South Korean exchange Upbit — bringing Bitcoin below $9,000 and Ethereum below $700. At week’s end, total market cap is around $397 bln.<br /><br />Top three altcoin gainers of the week:<br /><br />Kin (36.52%)<br />Ontology (13.11%)<br />Skyecoin (12.84%)<br />Top three altcoin losers of the week:<br /><br />WaykiChain (-7.93%)<br />Cryptonex (-4.56%)<br />Mithril (-4.43%)<br />For more info on crypto prices, make sure to read Cointelegraph’s market analysis.<br /><br /><br />FUD Of The Week<br />Bill Gates Slams Bitcoin, Again<br /><br />Microsoft founder and billionaire Bill Gates again spoke negatively this week of Bitcoin, calling it a “greater fool” investment and he would “would short it if there was an easy way to do it.” Good news, Bill, there is an easy way to do it, and Tyler Winklevoss was kind enough to tweet you direct instructions as to how.<br /><br /><br />Tyler Winklevoss<br />✔<br /><a class=\"u-url mention\" href=\"https://www.minds.com/tylerwinklevoss\" target=\"_blank\">@tylerwinklevoss</a><br /> Dear <a class=\"u-url mention\" href=\"https://www.minds.com/BillGates\" target=\"_blank\">@BillGates</a> there is an easy way to short bitcoin. You can short <a href=\"https://www.minds.com/search?f=top&t=all&q=XBT\" title=\"#XBT\" class=\"u-url hashtag\" target=\"_blank\">#XBT</a>, the <a class=\"u-url mention\" href=\"https://www.minds.com/CBOE\" target=\"_blank\">@CBOE</a> Bitcoin (USD) Futures contract, and put your money where your mouth is! cc <a class=\"u-url mention\" href=\"https://www.minds.com/CNBC\" target=\"_blank\">@CNBC</a> <a class=\"u-url mention\" href=\"https://www.minds.com/WarrenBuffett\" target=\"_blank\">@WarrenBuffett</a> <a href=\"https://www.cnbc.com/2018/05/07/bill-gates-i-would-short-bitcoin-if-i-could.html\" target=\"_blank\">https://www.cnbc.com/2018/05/07/bill-gates-i-would-short-bitcoin-if-i-could.html</a> …<br /><br />7:44 PM - May 7, 2018<br /><br />Bill Gates: I would short bitcoin if I could<br />Microsoft co-founder Bill Gates said Monday he would bet against bitcoin if he could.<br /><br />cnbc.com<br />9,262<br />3,881 people are talking about this<br />Twitter Ads info and privacy<br />Bank Of America Tells Its Customers, Again, They Can’t Buy Crypto With Credit Cards<br /><br />Bank of America’s chief technology officer called Bitcoin “troubling” this week due to its lack of transparency — a deliberate characteristic of the cryptocurrency, which was designed in the wake of the 2008 financial crisis — and reaffirmed the decision not to let customers by crypto with BoA credit cards.<br /><br />South Korean Crypto Exchange Investigated By Police For Alleged Fraud<br /><br />Crypto exchange Upbit is reportedly being investigated by local police in South Korea, who believe the exchange faked its balance sheets and deceived investors. Ten investigators will conduct an audit of the exchange’s crypto holdings.<br /><br />Coinhive ‘Cryptojacking’ Code Found On More Than 300 Websites<br /><br />Coinhive mining code — a non-maliciously built but often maliciously used code for mining the altcoin Monero — has been found on over 300 government and university websites globally, according to a recent cyber security report. The sites affected are mainly hosted on Amazon with domains in the US, but the common denominator across all those affected is use of the Drupal content management system.<br /><br /><br />Prediction Of The Week<br />Fundstrat Research Uses Bitcoin Mining Costs To Predict BTC Hitting $36K By 2019<br /><br />Fundstrat’s Tom Lee has predicted that Bitcoin will hit $36,000 by the end of 2019 due to a projection based on predicted growth of the mining industry. Previously, Lee had predicted $25,000 by 2020, then $91,000 by March 2020, and most recently $25,000 by the end of 2018 — none of these heights mutually exclusive.<br /><br /><br />Best Features<br />How to Run a Blockchain on a Deserted Island with Pen and Paper<br /><br />Founder at Orbs.com tells you all you need to know if you’re trapped on a desert island with the characters from hit TV show Lost and desperately need to operate a blockchain by hand.<br /><br />How We Make Decisions At Coinbase<br /><br />If you’ve ever wondered how to make any kind of decision in the absolutely fairest way possible with every possible scenario thought out until the very end — related or unrelated to cryptocurrency and blockchain — wonder no longer!<br /><br />Cyber Gold: Understand Cryptocurrency With ClickHole’s Guide To Bitcoin<br /><br />Simple and efficient explanatory infographic on the basics of bitcoin for crypto newbies.",
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"content": "- Crypto News - Hodler’s Digest, May 7-13: From Facebook To NYSE, Mainstream Thinks Of Adoption\n\nTop Stories This Week\nOwner Of New York Stock Exchange Mulls Over Addition Of Crypto Trading\n\nThe New York Times reported this week that the NYSE might be giving its customers the option to buy and hold Bitcoin, an assertion backed up by documents, emails, and anonymous sources that confirm these future crypto traders contracts.\n\nImprovement Code Casper For Ethereum Network Released\n\nA new version of Casper, a code upgrade for the Ethereum network that aims to improve the economic consensus protocol, was released this week on Github. The Casper code combines Proof-of-Work (PoW) with Proof-of-Stake (PoS), with the eventual goal for Ethereum to switch entirely to PoS.\n\nFacebook Considers Blockchain Tech For Messaging App, Explores Cryptocurrency\n\nThe head of Facebook’s Messenger app — David Marcus, who is also on the board at crypto exchange and wallet Coinbase — announced this week that he is setting up a small working group for looking into blockchain use across Facebook. Media outlets also reported that Facebook is allegedly “very serious” about plans to launch its own cryptocurrency.\n\nIranians Use Crypto To Move $2.5 Bln Out Of Country\n\nIranians are increasingly turning to Bitcoin (BTC) and other cryptocurrencies in the wake of the US exit from a multilateral nuclear accord with the country this week. The news has plunged the country into economic turmoil, resulting in a surge of interest towards crypto.\n\nFederal Reserve Bank Of San Fran Attributes BTC Decline To Futures Release\n\nThe Federal Reserve Bank of San Francisco wrote in an economic letter this week that Bitcoin’s decline from December’s high of $20,000 to February’s low of below $7,000 can be attributed to the natural process following the introduction of a futures marke — and both the CME and the CBOE launched Bitcoin futures last December.\n\n\n\nBest Quotes\n\n\n“Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it, or would you say that’s immoral? You wouldn’t trade them, would you? It’s too awful a concept. Well, to me Bitcoin is almost as bad,” — Charlie Munger, Berkshire Hathaway VP\n\n\n\n“I feel like I’m in two different universes, I need a passport to go between the Bitcoin world and my regular world,” — Chamath Palihapitiya, founder and CEO of VC firm Social Capital\n\n\nLaws And Taxes\nColorado Passes Blockchain Bill For Records, Cyber Security\n\nThe Colorado Senate passed a bill this week that requires government offices and regulatory agencies to consider blockchain use for the protection of confidential records, citing the technology’s use in preventing criminal or unauthorized exploitation and theft.\n\nChina Government Body Considers Blockchain Standards Release In 2019\n\nThe director of the Blockchain Research Office at China’s IT Ministry said this week that a working group had already begun research on producing nationwide blockchain standards, with the goal to release the standards by the end of 2019.\n\nEuropean Crypto Exchanges Call For Regulation...Of Themselves\n\nA UK crypto trading platform and an Austrian crypto exchange have asked for more clear crypto regulation in order to “know where we stand.” According to the two crypto companies, the current AML/KYC regulation leaves them uncertain as to how their businesses fit into the existing regulatory landscape.\n\nCrypto Revenue Subject To Taxes In Azerbaijan\n\nAzerbaijan’s Taxes Ministry announced this week that crypto-to-fiat transactions will be subject to taxation, as any amount gained by selling should be recorded as income. A local news source says that the Azerbaijani crypto market saw an uptick in popularity from May-December 2017, falling in line with last fall’s global crypto craze.\n\nUkrainian Legislative Body Considers Recognizing Crypto As Financial Instrument\n\nThe head of Ukraine’s National Securities and Stock Market Commission said this week that the growth of the crypto industry has made it necessary to legally recognize cryptocurrencies and adapt financial regulations: “the point of no return is the past.”\n\n\nAdoption\nWest Virginia Elections Close As First Gov’t Run Blockchain Vote In US History\n\nTwo counties in West Virginia allowed citizens this week of a certain category — members of the military and those that were eligible for absentee voting — to vote using a mobile blockchain-based platform developed by Voatz.\n\nWorld’s Second Largest Software Firm Enters Blockchain Sphere\n\nSoftware company Oracle will be releasing a platform-as-service product this month and decentralized ledger-based applications next month, working with both a Chilean bank and the Nigerian government in their expansion into blockchain.\n\nAustralian Blockchain Companies Repurpose Old Real Estate For BTC Mining\n\nAn unused coal plant in Australia is being turned into a Bitcoin mining operation as per a partnership between two Australian blockchain companies. The proposed mining station would occupy two hectares (almost 5 acres!) of land.\n\nMore Australia News--Gov’t Considers Blockchain For Trade Supply Chains\n\nAustralia’s government is looking into using blockchain for the country’s trade supply chain, which would improve the methods of validation and analysis of trade data, said a spokesperson for Australia's Department of Home Affairs (DHA).\n\nTelecom Companies Work With Blockchain Startup On Proof Of Concept\n\nA collaboration between two major telecom companies and a blockchain startup has successfully tested inter-carrier settlement of services with blockchain. The tests will now be extended to other members of the ITW Global Leaders’ Forum\n\nDiamond Mining Giant Tracks Diamonds From Mine To Retailer With Blockchain\n\nDe Beers has announced it has successfully tracked 100 high-value diamonds from the mine to the store using blockchain tech, as part of their commitment to only deal in conflict-free diamonds.\n\n\nMergers And Acquisitions\nBloomberg Partners With Crypto Merchant Bank For Crypto Price Index\n\nBloomberg has announced the release of the Bloomberg Galaxy Crypto Index (BGCI), created in collaboration with former Wall Street exec Mike Novogratz’s crypto merchant bank, Galaxy Digital Management. For the start, ten coins from the “most liquid” part of the crypto market will be listed, including BTC, ETH, XRP, and others.\n\n\nGainers and losers\n\n\nThe crypto markets saw a slight dip this week — most likely correlated to the news of the police investigation of South Korean exchange Upbit — bringing Bitcoin below $9,000 and Ethereum below $700. At week’s end, total market cap is around $397 bln.\n\nTop three altcoin gainers of the week:\n\nKin (36.52%)\nOntology (13.11%)\nSkyecoin (12.84%)\nTop three altcoin losers of the week:\n\nWaykiChain (-7.93%)\nCryptonex (-4.56%)\nMithril (-4.43%)\nFor more info on crypto prices, make sure to read Cointelegraph’s market analysis.\n\n\nFUD Of The Week\nBill Gates Slams Bitcoin, Again\n\nMicrosoft founder and billionaire Bill Gates again spoke negatively this week of Bitcoin, calling it a “greater fool” investment and he would “would short it if there was an easy way to do it.” Good news, Bill, there is an easy way to do it, and Tyler Winklevoss was kind enough to tweet you direct instructions as to how.\n\n\nTyler Winklevoss\n✔\n@tylerwinklevoss\n Dear @BillGates there is an easy way to short bitcoin. You can short #XBT, the @CBOE Bitcoin (USD) Futures contract, and put your money where your mouth is! cc @CNBC @WarrenBuffett https://www.cnbc.com/2018/05/07/bill-gates-i-would-short-bitcoin-if-i-could.html …\n\n7:44 PM - May 7, 2018\n\nBill Gates: I would short bitcoin if I could\nMicrosoft co-founder Bill Gates said Monday he would bet against bitcoin if he could.\n\ncnbc.com\n9,262\n3,881 people are talking about this\nTwitter Ads info and privacy\nBank Of America Tells Its Customers, Again, They Can’t Buy Crypto With Credit Cards\n\nBank of America’s chief technology officer called Bitcoin “troubling” this week due to its lack of transparency — a deliberate characteristic of the cryptocurrency, which was designed in the wake of the 2008 financial crisis — and reaffirmed the decision not to let customers by crypto with BoA credit cards.\n\nSouth Korean Crypto Exchange Investigated By Police For Alleged Fraud\n\nCrypto exchange Upbit is reportedly being investigated by local police in South Korea, who believe the exchange faked its balance sheets and deceived investors. Ten investigators will conduct an audit of the exchange’s crypto holdings.\n\nCoinhive ‘Cryptojacking’ Code Found On More Than 300 Websites\n\nCoinhive mining code — a non-maliciously built but often maliciously used code for mining the altcoin Monero — has been found on over 300 government and university websites globally, according to a recent cyber security report. The sites affected are mainly hosted on Amazon with domains in the US, but the common denominator across all those affected is use of the Drupal content management system.\n\n\nPrediction Of The Week\nFundstrat Research Uses Bitcoin Mining Costs To Predict BTC Hitting $36K By 2019\n\nFundstrat’s Tom Lee has predicted that Bitcoin will hit $36,000 by the end of 2019 due to a projection based on predicted growth of the mining industry. Previously, Lee had predicted $25,000 by 2020, then $91,000 by March 2020, and most recently $25,000 by the end of 2018 — none of these heights mutually exclusive.\n\n\nBest Features\nHow to Run a Blockchain on a Deserted Island with Pen and Paper\n\nFounder at Orbs.com tells you all you need to know if you’re trapped on a desert island with the characters from hit TV show Lost and desperately need to operate a blockchain by hand.\n\nHow We Make Decisions At Coinbase\n\nIf you’ve ever wondered how to make any kind of decision in the absolutely fairest way possible with every possible scenario thought out until the very end — related or unrelated to cryptocurrency and blockchain — wonder no longer!\n\nCyber Gold: Understand Cryptocurrency With ClickHole’s Guide To Bitcoin\n\nSimple and efficient explanatory infographic on the basics of bitcoin for crypto newbies.",
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"content": "- Crypto News - U.S. Mutual Fund VP Says Blockchain Will Help ‘Drive This Next Industrial Revolution’<br /><br />Steve Chiavarone, a VP at financial services company Federated Investors, made bullish comments on blockchain technology as an “economic growth driver” in an interview on CNBC Friday, May 11.<br /><br />Responding to whether blockchain will be a driver of economic growth, Chiavarone noted the potential for automatization and increased efficiency blockchain offers, saying:<br /><br />“When you think about it from an enterprise perspective, it has the ability to replace reconciliation, which is expensive and requires back-office and time and paperwork with more instantaneous verification [...] that will allow cost to be cut and that savings [sic] to be passed along.”<br /><br />Chiavarone ranked blockchain in the top five “key technologies” that will “drive this next industrial revolution,” along with with automation, robotics, AI and the Internet of things (IoT).<br /><br />When asked how investors can “play” the potential of blockchain, Chiavarone points to companies like Nvidia and Intel that “enable blockchain verification”, evidently referring to the production of computer chips used in mining. <br /><br />He also notes how big banks like Bank of America have started taking interest in blockchain and “are investing heavily.” In addition, he stated that “any company with a supply chain can benefit from this [blockchain].”<br /><br />Chiavarone is a Vice President and Portfolio Manager at Federated Investors, which reportedly manages $392.2 billion in assets.<br /><br />On May 8, two United States House Subcommittees met to discuss the potential benefits of implementing blockchain technology in supply chain management. The hearing concluded that the tech could be used in a variety of areas, from US Customs and Border Protection to cyber-security, despite its current lack of industry-wide standards.",
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"content": "- Crypto News - U.S. Mutual Fund VP Says Blockchain Will Help ‘Drive This Next Industrial Revolution’\n\nSteve Chiavarone, a VP at financial services company Federated Investors, made bullish comments on blockchain technology as an “economic growth driver” in an interview on CNBC Friday, May 11.\n\nResponding to whether blockchain will be a driver of economic growth, Chiavarone noted the potential for automatization and increased efficiency blockchain offers, saying:\n\n“When you think about it from an enterprise perspective, it has the ability to replace reconciliation, which is expensive and requires back-office and time and paperwork with more instantaneous verification [...] that will allow cost to be cut and that savings [sic] to be passed along.”\n\nChiavarone ranked blockchain in the top five “key technologies” that will “drive this next industrial revolution,” along with with automation, robotics, AI and the Internet of things (IoT).\n\nWhen asked how investors can “play” the potential of blockchain, Chiavarone points to companies like Nvidia and Intel that “enable blockchain verification”, evidently referring to the production of computer chips used in mining. \n\nHe also notes how big banks like Bank of America have started taking interest in blockchain and “are investing heavily.” In addition, he stated that “any company with a supply chain can benefit from this [blockchain].”\n\nChiavarone is a Vice President and Portfolio Manager at Federated Investors, which reportedly manages $392.2 billion in assets.\n\nOn May 8, two United States House Subcommittees met to discuss the potential benefits of implementing blockchain technology in supply chain management. The hearing concluded that the tech could be used in a variety of areas, from US Customs and Border Protection to cyber-security, despite its current lack of industry-wide standards.",
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"content": "Seems like we gonna have a bull run :)<br /><br />Stop loss 8950 usd",
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"content": "Seems like we gonna have a bull run :)\n\nStop loss 8950 usd",
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"content": "- Crypto News - NYSE's Plans For 'Physical Delivery' Of Bitcoin Pave Way For Major Crypto Adoption, Analysts Say<br /><br />Analysts Dominic Chu and Robert Kelly weighed in on recent reports that the New York Stock Exchange (NYSE) plans to offer Bitcoin (BTC) swap contracts, on CNBC Tuesday, May 8. Both Chu and Kelly argued that the fact that these contracts would be settled with the delivery of BTC itself is an important factor in Bitcoin’s mainstream adoption.<br /><br />Both commentators were unanimous in considering that the plans of NYSE’s parent company Intercontinental Exchange (ICE) - news of which comes from “multiple reports citing sources familiar,” if true, could be of momentous consequence for the future of crypto.<br /><br />Whereas the futures contracts currently being offered on CME and CBOE are ultimately settled in fiat, Kelly emphasized that ICE’s suggestion that crypto swap contracts will be settled in BTC is a significant milestone that could herald major Wall Street crypto adoption. Kelly explained:<br /><br />“[The] physical delivery of Bitcoin…means that ICE has a custody solution. That has been the big hurdle. How do you hold onto these assets? These are generally bearer instruments…and so you have to have a third-party custody person. That’s the big deal, they have come up with a custody solution for institutional holders.”<br /><br />Cold storage custodian solutions are currently offered by small operators, and ICE has not confirmed whether it plans to build an in-house cold storage solution or to outsource it. Indeed, ICE has so far declined to comment on the reports at all.<br /><br />Kelly said that if ICE can offer a custodian solution that is SEC-qualified and fits with the SEC’s compliance requirements, this would “open the floodgates” to institutional capital, resulting in some “big price moves” in the crypto markets.<br /><br />A custody solution would also open the door for pensions and endowments, he said, leading him to conclude that cryptocurrencies now “look to be becoming an emergent asset class…most obviously at the expense of gold.”<br /><br />Kelly noted that the markets have been slow to respond, suggesting that many are underestimating the significance of the news.<br /><br />ICE’s plans come just days after investment banking giant Goldman Sachs announced it will be opening a crypto trading desk “within weeks,” as well as recently hiring a cryptocurrency trader as vice president of their digital asset markets. This week, BTC stopped short of breaking the $10,000 resistance, trading around $9,200 to press time.",
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"content": "- Crypto News - NYSE's Plans For 'Physical Delivery' Of Bitcoin Pave Way For Major Crypto Adoption, Analysts Say\n\nAnalysts Dominic Chu and Robert Kelly weighed in on recent reports that the New York Stock Exchange (NYSE) plans to offer Bitcoin (BTC) swap contracts, on CNBC Tuesday, May 8. Both Chu and Kelly argued that the fact that these contracts would be settled with the delivery of BTC itself is an important factor in Bitcoin’s mainstream adoption.\n\nBoth commentators were unanimous in considering that the plans of NYSE’s parent company Intercontinental Exchange (ICE) - news of which comes from “multiple reports citing sources familiar,” if true, could be of momentous consequence for the future of crypto.\n\nWhereas the futures contracts currently being offered on CME and CBOE are ultimately settled in fiat, Kelly emphasized that ICE’s suggestion that crypto swap contracts will be settled in BTC is a significant milestone that could herald major Wall Street crypto adoption. Kelly explained:\n\n“[The] physical delivery of Bitcoin…means that ICE has a custody solution. That has been the big hurdle. How do you hold onto these assets? These are generally bearer instruments…and so you have to have a third-party custody person. That’s the big deal, they have come up with a custody solution for institutional holders.”\n\nCold storage custodian solutions are currently offered by small operators, and ICE has not confirmed whether it plans to build an in-house cold storage solution or to outsource it. Indeed, ICE has so far declined to comment on the reports at all.\n\nKelly said that if ICE can offer a custodian solution that is SEC-qualified and fits with the SEC’s compliance requirements, this would “open the floodgates” to institutional capital, resulting in some “big price moves” in the crypto markets.\n\nA custody solution would also open the door for pensions and endowments, he said, leading him to conclude that cryptocurrencies now “look to be becoming an emergent asset class…most obviously at the expense of gold.”\n\nKelly noted that the markets have been slow to respond, suggesting that many are underestimating the significance of the news.\n\nICE’s plans come just days after investment banking giant Goldman Sachs announced it will be opening a crypto trading desk “within weeks,” as well as recently hiring a cryptocurrency trader as vice president of their digital asset markets. This week, BTC stopped short of breaking the $10,000 resistance, trading around $9,200 to press time.",
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"content": "- Crypto News - Global Telecoms Firms Successfully Test Blockchain System For Inter-Carrier Settlement<br /><br />Major international telecommunications companies Colt Technology Services and PCCW Global have collaborated with a blockchain startup to progress with a blockchain proof of concept (PoC). The joint initiative would automate inter-carrier settlement of services across the telecoms industry, UK media outlet Finextra reported May 8.<br /><br />Initially, the PoC was tested using historical data, but progress has now been made with a successful trial of ingesting live data feeds into the blockchain, enabling traffic to be automatically verified and settled between carriers.<br /><br />So far, the PoC has been focused on bilateral testing between Colt Technology Services and PCCW Global, the international arm of HKT, Hong Kong’s leading telecoms service provider.<br /><br />It will now be extended to other members of the ITW Global Leaders’ Forum (GLF), a network of the world’s largest telecoms wholesale carriers. BT, HGC Global Communications, Telefonica and Telstra have all joined the pilot study. Andrew Kwok, CEO of HGC, said that the “momentous” initiative could reshape business practices across the global telecoms industry.<br /><br />Last month, Chinese telecoms giant Huawei revealed its latest Hyperledger-fuelled blockchain cloud service, and Korean telecoms operator SK Telecom announced two new blockchain tech platforms, one for digital asset management, and one to support the ICO investment ecosystem.",
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"content": "- Crypto News - Global Telecoms Firms Successfully Test Blockchain System For Inter-Carrier Settlement\n\nMajor international telecommunications companies Colt Technology Services and PCCW Global have collaborated with a blockchain startup to progress with a blockchain proof of concept (PoC). The joint initiative would automate inter-carrier settlement of services across the telecoms industry, UK media outlet Finextra reported May 8.\n\nInitially, the PoC was tested using historical data, but progress has now been made with a successful trial of ingesting live data feeds into the blockchain, enabling traffic to be automatically verified and settled between carriers.\n\nSo far, the PoC has been focused on bilateral testing between Colt Technology Services and PCCW Global, the international arm of HKT, Hong Kong’s leading telecoms service provider.\n\nIt will now be extended to other members of the ITW Global Leaders’ Forum (GLF), a network of the world’s largest telecoms wholesale carriers. BT, HGC Global Communications, Telefonica and Telstra have all joined the pilot study. Andrew Kwok, CEO of HGC, said that the “momentous” initiative could reshape business practices across the global telecoms industry.\n\nLast month, Chinese telecoms giant Huawei revealed its latest Hyperledger-fuelled blockchain cloud service, and Korean telecoms operator SK Telecom announced two new blockchain tech platforms, one for digital asset management, and one to support the ICO investment ecosystem.",
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"content": "- Crypto News - ‘Disciple’ Of Buffett, Palihapitiya Bullish On BTC Despite His Mentor’s Grumblings<br /><br />Chamath Palihapitiya, a self-professed “disciple” of investors Warren Buffett and Charlie Munger - has said that the two crypto skeptics are “all wrong” about Bitcoin (BTC), CNBC reports Wednesday, May 9.<br /><br />At the beginning of this month, Buffett called Bitcoin “rat poison squared,” and Munger said that investing in crypto was akin to “trading freshly harvested baby brains.” Earlier this year, Buffett had said that Bitcoin did not fit the requirements to be a currency.<br /><br />In today’s interview with CNBC, the founder and CEO of VC firm Social Capital Palihapitiya spoke about the investing advice given to him by Buffet - ”you define a circle of competence and you stay within in,” noting that “technology is not in his circle of competence.”<br /><br />In regards to Munger, Palihapitiya said that “I think it’s really unfair to not understand something, and then to disparage it,” adding that:<br /><br />“I think they’re all exceptional at what they do.”<br /><br />VC investor Palihapitiya - who has been in the Bitcoin market since 2012 - noted that the crypto markets then and now differ drastically, partly due to the long term HODLers’ view of Bitcoin as a “hedge to the existing financial structure”:<br /><br />“I feel like i’m in two different universe, I need a passport to go between the Bitcoin world and my regular world.”<br /><br />Palihapitiya’s portfolio is made up 99 percent non-risk and 1 percent risk holdings, with Bitcoin considered like gold as an asset class but placed in that 1 percent “risk off bucket” due to its lack of correlation with the traditional financial market:<br /><br />“It’s really important not to forget what happened [in the 2008 economic crash]. Why would it not make sense to have a non-correlated hedge? This is about buying insurance.”<br /><br />Cointelegraph published an Expert Take earlier this week about why Buffett and Wall Street should embrace both Bitcoin and blockchain technology in order not to fall behind.<br /><br />Some on Wall Street have already made moves towards the crypto sphere, as Goldman Sachs announced last week that they would be offering Bitcoin contracts in the future, and the owner of the New York Stock Exchange reportedly showed an interest in letting customers buy and hold BTC.",
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"published": "2018-05-09T13:50:43+00:00",
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"content": "- Crypto News - ‘Disciple’ Of Buffett, Palihapitiya Bullish On BTC Despite His Mentor’s Grumblings\n\nChamath Palihapitiya, a self-professed “disciple” of investors Warren Buffett and Charlie Munger - has said that the two crypto skeptics are “all wrong” about Bitcoin (BTC), CNBC reports Wednesday, May 9.\n\nAt the beginning of this month, Buffett called Bitcoin “rat poison squared,” and Munger said that investing in crypto was akin to “trading freshly harvested baby brains.” Earlier this year, Buffett had said that Bitcoin did not fit the requirements to be a currency.\n\nIn today’s interview with CNBC, the founder and CEO of VC firm Social Capital Palihapitiya spoke about the investing advice given to him by Buffet - ”you define a circle of competence and you stay within in,” noting that “technology is not in his circle of competence.”\n\nIn regards to Munger, Palihapitiya said that “I think it’s really unfair to not understand something, and then to disparage it,” adding that:\n\n“I think they’re all exceptional at what they do.”\n\nVC investor Palihapitiya - who has been in the Bitcoin market since 2012 - noted that the crypto markets then and now differ drastically, partly due to the long term HODLers’ view of Bitcoin as a “hedge to the existing financial structure”:\n\n“I feel like i’m in two different universe, I need a passport to go between the Bitcoin world and my regular world.”\n\nPalihapitiya’s portfolio is made up 99 percent non-risk and 1 percent risk holdings, with Bitcoin considered like gold as an asset class but placed in that 1 percent “risk off bucket” due to its lack of correlation with the traditional financial market:\n\n“It’s really important not to forget what happened [in the 2008 economic crash]. Why would it not make sense to have a non-correlated hedge? This is about buying insurance.”\n\nCointelegraph published an Expert Take earlier this week about why Buffett and Wall Street should embrace both Bitcoin and blockchain technology in order not to fall behind.\n\nSome on Wall Street have already made moves towards the crypto sphere, as Goldman Sachs announced last week that they would be offering Bitcoin contracts in the future, and the owner of the New York Stock Exchange reportedly showed an interest in letting customers buy and hold BTC.",
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"content": "- Crypto News - Bloomberg: 7% Of Bitcoin Supply Held In Cold Storage Vaults By One Company<br /><br />Bitcoin storage provider Xapo now holds about 7% of the world’s total Bitcoin supply in its vaults, “roughly” amounting to $10 bln, Bloomberg reports May 9 quoting unnamed sources.<br /><br />According to two clients, the wallet and cold storage provider currently looks after an estimated $10 bln in the cryptocurrency.<br /><br />A further source “close to” the vaults, which now encompass five continents, called the figure an “accurate approximation.”<br /><br />Xapo has only been on the market since 2014, making headlines when it converted a Swiss bunker to a Bitcoin storage facility late last year. Prior to that, the startup had struggled to achieve validity during a move to the country from the US which proved troublesome with regulators.<br /><br />Conversely, cryptocurrency funds now praise the storage concept, despite the arguable lack of complete control and more centralized setup it represents when compared to individual cold storage options such as hardware wallets.<br /><br />“Everyone who isn’t keeping keys themselves is keeping them with Xapo,” UK-based investment platform CoinShares’ CEO Ryan Radloff told Bloomberg. “You couldn’t pay me to keep it with a bank.”<br /><br />This overwhelming demand for cold storage of bitcoins places the company’s “deposits” above those of 98% of the US’ 5,670 banks, according to Bloomberg.",
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"content": "- Crypto News - Bloomberg: 7% Of Bitcoin Supply Held In Cold Storage Vaults By One Company\n\nBitcoin storage provider Xapo now holds about 7% of the world’s total Bitcoin supply in its vaults, “roughly” amounting to $10 bln, Bloomberg reports May 9 quoting unnamed sources.\n\nAccording to two clients, the wallet and cold storage provider currently looks after an estimated $10 bln in the cryptocurrency.\n\nA further source “close to” the vaults, which now encompass five continents, called the figure an “accurate approximation.”\n\nXapo has only been on the market since 2014, making headlines when it converted a Swiss bunker to a Bitcoin storage facility late last year. Prior to that, the startup had struggled to achieve validity during a move to the country from the US which proved troublesome with regulators.\n\nConversely, cryptocurrency funds now praise the storage concept, despite the arguable lack of complete control and more centralized setup it represents when compared to individual cold storage options such as hardware wallets.\n\n“Everyone who isn’t keeping keys themselves is keeping them with Xapo,” UK-based investment platform CoinShares’ CEO Ryan Radloff told Bloomberg. “You couldn’t pay me to keep it with a bank.”\n\nThis overwhelming demand for cold storage of bitcoins places the company’s “deposits” above those of 98% of the US’ 5,670 banks, according to Bloomberg.",
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"content": "- Crypto News - First Version of Ethereum’s Casper Update Has Been Released<br /><br />A new version of the code of Casper, a planned improvement to the Ethereum network’s economic consensus protocol, has been released by developers May 8.<br /><br />On Tuesday, Danny Ryan, the developer of Casper the Friendly Finality Gadget (FFG), posted a Casper v0.1 \"First Release\" of the code on GitHub, admitting that \"v0.1.0 marks us more clearly tagging releases to help clients and external auditors more easily track the contract and changes.\"<br /><br />He further gave feedback to a Reddit post regarding the upgrade, saying:<br /><br />\"More than just the research team is using the contract now -- auditors, client devs, etc -- so we wanted to start issuing clearer versioning and changelogs to help everyone stay organized.\"<br /><br />Casper FFG was first published in October 2017, aiming to solve “open questions of economic finality through validator deposits and crypto-economic incentives.” In late April, the Ethereum Improvement Proposal (EIP) #1011: Hybrid Casper FFG was introduced, with the purpose of creating a hybrid system of consensus that seeks to push the network away from issues associated with cryptocurrency mining.<br /><br />The Hybrid Casper FFG will reportedly combine Proof-of-Work with Proof-of-Stake (PoS) consensus, with the goal of eventually transitioning to PoS. According to the EIP, one of the specifications of the update reduces the block reward for miners to 0.6 ETH from the current 3 ETH.",
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"published": "2018-05-09T13:48:56+00:00",
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"content": "- Crypto News - First Version of Ethereum’s Casper Update Has Been Released\n\nA new version of the code of Casper, a planned improvement to the Ethereum network’s economic consensus protocol, has been released by developers May 8.\n\nOn Tuesday, Danny Ryan, the developer of Casper the Friendly Finality Gadget (FFG), posted a Casper v0.1 \"First Release\" of the code on GitHub, admitting that \"v0.1.0 marks us more clearly tagging releases to help clients and external auditors more easily track the contract and changes.\"\n\nHe further gave feedback to a Reddit post regarding the upgrade, saying:\n\n\"More than just the research team is using the contract now -- auditors, client devs, etc -- so we wanted to start issuing clearer versioning and changelogs to help everyone stay organized.\"\n\nCasper FFG was first published in October 2017, aiming to solve “open questions of economic finality through validator deposits and crypto-economic incentives.” In late April, the Ethereum Improvement Proposal (EIP) #1011: Hybrid Casper FFG was introduced, with the purpose of creating a hybrid system of consensus that seeks to push the network away from issues associated with cryptocurrency mining.\n\nThe Hybrid Casper FFG will reportedly combine Proof-of-Work with Proof-of-Stake (PoS) consensus, with the goal of eventually transitioning to PoS. According to the EIP, one of the specifications of the update reduces the block reward for miners to 0.6 ETH from the current 3 ETH.",
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"content": "- Crypto News - Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could<br /><br />Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.”<br /><br />In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself.<br /><br />“As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said.<br /><br />“I agree I would short it if there was an easy way to do it.”<br /><br />The timing of Gates’ cautionary words is curious. In the year institutional investors can short Bitcoin using futures contracts, investment banking giant Goldman Sachs last week appeared to confirm it would not only join in on that arena, but seek to offer clients more direct exposure to Bitcoin specifically.<br /><br />As Cointelegraph reported quoting an executive in charge of the plans, Goldman now considers cryptocurrency “not a fraud,” and while it is a “heightened risk,” it is not “something it doesn’t understand.”<br /><br />For the Microsoft mogul, however, the assets would appear too risky for long-term commitments, either as a client or institution.<br /><br />“Bitcoin and ICOs, I believe completely [they're some] of the crazier, speculative things,” he added.<br /><br />Gates’ most recent comments echo those made on Saturday by Berkshire Hathaway’s Warren Buffett and Charlie Munger, with the latter going as far as to compare Bitcoin investment to “trading turds”:<br /><br />\"Someone else is trading turds and you decide I can't be left out.\"",
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"published": "2018-05-07T18:18:23+00:00",
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"content": "- Crypto News - Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could\n\nMicrosoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.”\n\nIn comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself.\n\n“As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said.\n\n“I agree I would short it if there was an easy way to do it.”\n\nThe timing of Gates’ cautionary words is curious. In the year institutional investors can short Bitcoin using futures contracts, investment banking giant Goldman Sachs last week appeared to confirm it would not only join in on that arena, but seek to offer clients more direct exposure to Bitcoin specifically.\n\nAs Cointelegraph reported quoting an executive in charge of the plans, Goldman now considers cryptocurrency “not a fraud,” and while it is a “heightened risk,” it is not “something it doesn’t understand.”\n\nFor the Microsoft mogul, however, the assets would appear too risky for long-term commitments, either as a client or institution.\n\n“Bitcoin and ICOs, I believe completely [they're some] of the crazier, speculative things,” he added.\n\nGates’ most recent comments echo those made on Saturday by Berkshire Hathaway’s Warren Buffett and Charlie Munger, with the latter going as far as to compare Bitcoin investment to “trading turds”:\n\n\"Someone else is trading turds and you decide I can't be left out.\"",
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"content": "- Crypto News - Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin-Bashing Warren Buffett<br /><br />Today’s edition of Bitcoin in Brief focuses on a clash between the old guard of the global economy, fearing new innovations they can’t understand, and the young entrepreneurs using them to change the world. We will also show how sometimes well-meaning regulations can backfire and hurt the lawmakers’ own goals.<br /><br />Dinosaur Attack<br />Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin Bashing Warren BuffettThey say that “if you’re not catching flak you’re not over the target,” so bitcoin must be getting closer to hitting Wall Street because it has gotten a lot of flak recently. Leading the charge was 87-year-old billionaire and legendary investor, Warren Buffett. After previously saying that investing in bitcoin is nothing more than gambling, Buffett has again came out strongly against cryptocurrency at Berkshire Hathaway’s annual meeting on Saturday, May 5th.<br /><br />“They’re non-productive assets. It essentially will not deliver anything other than supposed scarcity. What does it produce itself? Anytime you buy non-productive assets, you are counting on someone later on buying a non-productive asset. It does come to a bad ending; cryptocurrencies will come to a bad ending. If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth,” he said, concluding that bitcoin is “probably rat poison squared.” And Buffett’s long-time right-hand-man, Charlie Munger, added that trading in cryptocurrencies is “just dementia”.<br /><br />Musk Strikes Back<br />Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin Bashing Warren BuffettBesides bashing bitcoin, Buffett has also taken a swipe at fellow billionaire Elon Musk.<br /><br />During the latest Tesla quarterly earnings call, Musk explained he doesn’t believe in “moats,” a term often espoused by the Oracle of Omaha. He said: “I think moats are lame. They are like nice in a sort of quaint, vestigial way. If your only defense against invading armies is a moat, you will not last long. What matters is the pace of innovation, that is the fundamental determinant of competitiveness.”<br /><br />Buffett didn’t like that statement and on Saturday responded by warning that Musk should stay away from his moated ventures. “I don’t think he’d want to take us on in candy,” he said, referring to Berkshire-owned See’s Candies – Buffett’s often cited example of a business with a deep moat around it. The real-life inspiration for Iron Man saw Buffett’s warning as a challenge and soon announced on Twitter he is starting a new candy company to take on Berkshire’s moat, and just to spike the ball he is going to call it “Cryptocandy”.<br /><br /><br />Elon Musk<br />✔<br /><a class=\"u-url mention\" href=\"https://www.minds.com/elonmusk\" target=\"_blank\">@elonmusk</a><br />Replying to <a class=\"u-url mention\" href=\"https://www.minds.com/elonmusk\" target=\"_blank\">@elonmusk</a><br />Cryptocandy<br /><br />12:09 AM - May 6, 2018<br />53.1K<br />10.1K people are talking about this<br />Twitter Ads info and privacy<br />Memo Goes Open Source<br />The creator of Memo, an on-chain social network built on Bitcoin Cash, has announced it is getting open sourced. The developer explained the move by stating that: “Most people think that because memo is on the blockchain, it’s inherently uncensorable. Being on the blockchain does not make memo uncensorable. What will make memo uncensorable is when there are many different implementations…What really makes a social network uncensorable is for it to be decentralized. This makes the power over the network distributed between the service providers, meaning they’d have to collude to censor information…To encourage others to head in the right direction, I’ve decided to open source the entire Memo.cash codebase. My hope is that people will fork and create their own implementations, giving it the decentralization it needs to be uncensorable.”<br /><br />Huobi Labs’ $1 Billion Industry Fund<br />Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin Bashing Warren BuffettHuobi Labs has recently announced they signed a strategic cooperation agreement with Tianya Community to jointly build a “Global Cultural and Creative Blockchain Lab” in Hainan, China. Huobi China headquarters will be moved to the island, where it promises to collaborate with global industry companies and the world’s top universities to build a 40,000 square meters blockchain incubator and initiate a billion-dollar global blockchain industry fund.<br /><br />The development of the Hainan Special Economic Zone is a national-level strategy set by the Chinese President, Xi Jiping, and the company painted the move as part of that effort. “As a patriotic Chinese company, Huobi China will actively follow-up with the national-level strategy. In the future, Huobi will use Huobi Group’s technology, resources, talents, and capital advantages in the global blockchain industry to contribute to the development of Hainan Special Economic Zone and explore the construction of an international free trade port.”<br /><br />EU Regulations Kill Cointouch P2P Exchange<br />Cointouch was a website that helped users find friends of friends that trade cryptocurrency using their social network connections loaded from Facebook and Google, allowing exchange-like functionality with peer-to-peer trading. It was recently shut down after four years in operation due to a new EU dictate called the General Data Protection Regulation (GDPR), which is meant to bring a new set of “digital rights” for EU citizens and guard them from predatory data companies like Cambridge Analytica.<br /><br />Developer Chris Beach explained: “GDPR threatens website owners with fines of 4% of turnover or €20 million (whichever is higher) if they do not jump through a number of ambiguously-defined hoops…I concluded that I cannot justify running a free service while taking on a legal risk. So, perversely, this new EU law hurts small website like mine, but helps reinforce the dominance of Facebook, Google and Twitter, who are able to prepare and defend themselves using established legal teams and cash reserves, and who now face less competition from startups. The EU Cookie Law, EU VAT regulation, and now the EU GDPR are all examples of poorly-implemented laws that add complexity and unintended side-effects for businesses within the EU.”<br /><br />Who will be proven right in the long term, Musk or Buffett? Share your thoughts in the comments section below. ",
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"content": "- Crypto News - Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin-Bashing Warren Buffett\n\nToday’s edition of Bitcoin in Brief focuses on a clash between the old guard of the global economy, fearing new innovations they can’t understand, and the young entrepreneurs using them to change the world. We will also show how sometimes well-meaning regulations can backfire and hurt the lawmakers’ own goals.\n\nDinosaur Attack\nBitcoin in Brief Monday: Elon Musk Takes on Bitcoin Bashing Warren BuffettThey say that “if you’re not catching flak you’re not over the target,” so bitcoin must be getting closer to hitting Wall Street because it has gotten a lot of flak recently. Leading the charge was 87-year-old billionaire and legendary investor, Warren Buffett. After previously saying that investing in bitcoin is nothing more than gambling, Buffett has again came out strongly against cryptocurrency at Berkshire Hathaway’s annual meeting on Saturday, May 5th.\n\n“They’re non-productive assets. It essentially will not deliver anything other than supposed scarcity. What does it produce itself? Anytime you buy non-productive assets, you are counting on someone later on buying a non-productive asset. It does come to a bad ending; cryptocurrencies will come to a bad ending. If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth,” he said, concluding that bitcoin is “probably rat poison squared.” And Buffett’s long-time right-hand-man, Charlie Munger, added that trading in cryptocurrencies is “just dementia”.\n\nMusk Strikes Back\nBitcoin in Brief Monday: Elon Musk Takes on Bitcoin Bashing Warren BuffettBesides bashing bitcoin, Buffett has also taken a swipe at fellow billionaire Elon Musk.\n\nDuring the latest Tesla quarterly earnings call, Musk explained he doesn’t believe in “moats,” a term often espoused by the Oracle of Omaha. He said: “I think moats are lame. They are like nice in a sort of quaint, vestigial way. If your only defense against invading armies is a moat, you will not last long. What matters is the pace of innovation, that is the fundamental determinant of competitiveness.”\n\nBuffett didn’t like that statement and on Saturday responded by warning that Musk should stay away from his moated ventures. “I don’t think he’d want to take us on in candy,” he said, referring to Berkshire-owned See’s Candies – Buffett’s often cited example of a business with a deep moat around it. The real-life inspiration for Iron Man saw Buffett’s warning as a challenge and soon announced on Twitter he is starting a new candy company to take on Berkshire’s moat, and just to spike the ball he is going to call it “Cryptocandy”.\n\n\nElon Musk\n✔\n@elonmusk\nReplying to @elonmusk\nCryptocandy\n\n12:09 AM - May 6, 2018\n53.1K\n10.1K people are talking about this\nTwitter Ads info and privacy\nMemo Goes Open Source\nThe creator of Memo, an on-chain social network built on Bitcoin Cash, has announced it is getting open sourced. The developer explained the move by stating that: “Most people think that because memo is on the blockchain, it’s inherently uncensorable. Being on the blockchain does not make memo uncensorable. What will make memo uncensorable is when there are many different implementations…What really makes a social network uncensorable is for it to be decentralized. This makes the power over the network distributed between the service providers, meaning they’d have to collude to censor information…To encourage others to head in the right direction, I’ve decided to open source the entire Memo.cash codebase. My hope is that people will fork and create their own implementations, giving it the decentralization it needs to be uncensorable.”\n\nHuobi Labs’ $1 Billion Industry Fund\nBitcoin in Brief Monday: Elon Musk Takes on Bitcoin Bashing Warren BuffettHuobi Labs has recently announced they signed a strategic cooperation agreement with Tianya Community to jointly build a “Global Cultural and Creative Blockchain Lab” in Hainan, China. Huobi China headquarters will be moved to the island, where it promises to collaborate with global industry companies and the world’s top universities to build a 40,000 square meters blockchain incubator and initiate a billion-dollar global blockchain industry fund.\n\nThe development of the Hainan Special Economic Zone is a national-level strategy set by the Chinese President, Xi Jiping, and the company painted the move as part of that effort. “As a patriotic Chinese company, Huobi China will actively follow-up with the national-level strategy. In the future, Huobi will use Huobi Group’s technology, resources, talents, and capital advantages in the global blockchain industry to contribute to the development of Hainan Special Economic Zone and explore the construction of an international free trade port.”\n\nEU Regulations Kill Cointouch P2P Exchange\nCointouch was a website that helped users find friends of friends that trade cryptocurrency using their social network connections loaded from Facebook and Google, allowing exchange-like functionality with peer-to-peer trading. It was recently shut down after four years in operation due to a new EU dictate called the General Data Protection Regulation (GDPR), which is meant to bring a new set of “digital rights” for EU citizens and guard them from predatory data companies like Cambridge Analytica.\n\nDeveloper Chris Beach explained: “GDPR threatens website owners with fines of 4% of turnover or €20 million (whichever is higher) if they do not jump through a number of ambiguously-defined hoops…I concluded that I cannot justify running a free service while taking on a legal risk. So, perversely, this new EU law hurts small website like mine, but helps reinforce the dominance of Facebook, Google and Twitter, who are able to prepare and defend themselves using established legal teams and cash reserves, and who now face less competition from startups. The EU Cookie Law, EU VAT regulation, and now the EU GDPR are all examples of poorly-implemented laws that add complexity and unintended side-effects for businesses within the EU.”\n\nWho will be proven right in the long term, Musk or Buffett? Share your thoughts in the comments section below. ",
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"content": "- Crypto News - South Korean Top Regulator Considers Easing Cryptocurrency Regulations<br /><br />The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector.<br /><br />New FSS Chief to Relax Crypto Regulations<br />South Korean Top Regulator Confirms Easing of Cryptocurrency RegulationsThe South Korean Financial Supervisory Service (FSS) will have a new governor as of this Tuesday. The country’s President Moon Jae-in has approved the nomination of Yoon Suk-heun to lead the government agency overseeing cryptocurrency regulations after the former FSS head Kim Ki-sik stepped down from the post.<br /><br />Yoon’s nomination was submitted by the Financial Services Commission (FSC), which the FSS falls under. He will officially start his work as FSS chief on May 8, the Korea Times reported, elaborating:<br /><br />Governor Yoon Suk-heun said the country’s top financial regulator will consider relaxing cryptocurrency regulations.<br /><br />He has previously “hinted at a possible adjustment of regulations that have been applied to the cryptocurrency market,” the news outlet noted, adding that Yoon is known as an “activist and reformist.”<br /><br />Yoon’s Approach to Crypto<br />Yoon told reporters that “regarding cryptocurrencies, there are some positive aspects,” emphasizing that “there are a lot of issues that need to be addressed and reviewed. We can figure them out but gradually.”<br /><br />South Korean Top Regulator Confirms Easing of Cryptocurrency Regulations<br />Yoon Suk-heun.<br />Clarifying the roles of the FSS and the FSC, he explained that “The FSS will collaborate with the FSC when an inspection on policies and financial institutions has different configurations associated with different scopes. FSC inspects policies, while the FSS examines and supervises financial institutions but with the oversight of the FSC.”<br /><br />At an industry event on January 31, he expressed his understanding of the government’s position on cryptocurrencies, given their high volatility. However, he was quoted affirming that “the government is saying cryptocurrencies are neither currency nor financial assets…[that] is hard to understand,” adding:<br /><br />What I think is that exchanges are to function to meet the needs of investors and market participants, broadly…to help them keep trading and making transactions. Any forceful ban against them would hurt the nature of the market.<br /><br />Yoon also pointed out that “Regulation is good. However, it would be more than just good when it is used to help new businesses grow. Imposing taxes on crypto exchanges and investors needs to be considered, if necessary.”<br /><br />An official of the largest cryptocurrency exchange in South Korea, Upbit, commented on Yoon’s new role, stating that “What the new FSS chief should think about is how the regulators should provide remedies to help crypto trading and blockchain technology get better.”<br /><br />Do you think South Korea will ease cryptocurrency regulations? Let us know in the comments section below.",
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"content": "- Crypto News - South Korean Top Regulator Considers Easing Cryptocurrency Regulations\n\nThe main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations to help businesses grow in this sector.\n\nNew FSS Chief to Relax Crypto Regulations\nSouth Korean Top Regulator Confirms Easing of Cryptocurrency RegulationsThe South Korean Financial Supervisory Service (FSS) will have a new governor as of this Tuesday. The country’s President Moon Jae-in has approved the nomination of Yoon Suk-heun to lead the government agency overseeing cryptocurrency regulations after the former FSS head Kim Ki-sik stepped down from the post.\n\nYoon’s nomination was submitted by the Financial Services Commission (FSC), which the FSS falls under. He will officially start his work as FSS chief on May 8, the Korea Times reported, elaborating:\n\nGovernor Yoon Suk-heun said the country’s top financial regulator will consider relaxing cryptocurrency regulations.\n\nHe has previously “hinted at a possible adjustment of regulations that have been applied to the cryptocurrency market,” the news outlet noted, adding that Yoon is known as an “activist and reformist.”\n\nYoon’s Approach to Crypto\nYoon told reporters that “regarding cryptocurrencies, there are some positive aspects,” emphasizing that “there are a lot of issues that need to be addressed and reviewed. We can figure them out but gradually.”\n\nSouth Korean Top Regulator Confirms Easing of Cryptocurrency Regulations\nYoon Suk-heun.\nClarifying the roles of the FSS and the FSC, he explained that “The FSS will collaborate with the FSC when an inspection on policies and financial institutions has different configurations associated with different scopes. FSC inspects policies, while the FSS examines and supervises financial institutions but with the oversight of the FSC.”\n\nAt an industry event on January 31, he expressed his understanding of the government’s position on cryptocurrencies, given their high volatility. However, he was quoted affirming that “the government is saying cryptocurrencies are neither currency nor financial assets…[that] is hard to understand,” adding:\n\nWhat I think is that exchanges are to function to meet the needs of investors and market participants, broadly…to help them keep trading and making transactions. Any forceful ban against them would hurt the nature of the market.\n\nYoon also pointed out that “Regulation is good. However, it would be more than just good when it is used to help new businesses grow. Imposing taxes on crypto exchanges and investors needs to be considered, if necessary.”\n\nAn official of the largest cryptocurrency exchange in South Korea, Upbit, commented on Yoon’s new role, stating that “What the new FSS chief should think about is how the regulators should provide remedies to help crypto trading and blockchain technology get better.”\n\nDo you think South Korea will ease cryptocurrency regulations? Let us know in the comments section below.",
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"content": "- Crypto News - Bitcoin ABC Developers Address a Vulnerability Found<br /><br />On April 26, 2018, the Bitcoin ABC development team were notified of a critical issue that applies to Bitcoin Cash miners who were utilizing the Bitcoin-ABC 0.17.0 client. After analyzing the vulnerability ABC developers created a patch and distributed the new ABC client 0.17.1 and released the software to BCH mining pools. <br /><br />Bitcoin ABC Developers Address a Vulnerability Found in the Client Version 0.17.0<br />Just recently the Bitcoin ABC development team were notified of a vulnerability in the ABC 0.17.0 client by an unknown person(s). According to developers, the flaw could have caused an unintended split in the Bitcoin Cash network. Reports detail that an attacker could construct a malicious transaction that would be accepted by Bitcoin-ABC 0.17.0 miners. However, the block would be rejected by the rest of the compatible versions of Bitcoin Cash-compatible mining applications like the Bitcoin Unlimited client.<br /><br />“BUCash and versions of Bitcoin-ABC prior to 0.17.0 could be split from the majority Bitcoin Cash blockchain — Only Bitcoin ABC and BUCash nodes were included in the analysis of this vulnerability,” the development team details.<br /><br />After some testing and analysis of the vulnerability, the Bitcoin ABC development team crafted a patch for the issue immediately. “Bitcoin ABC 0.17.1 fixes this problem,” explains the ABC teams incident report and the new software was forwarded to verified BCH miners. The Lead Developer of the Bitcoin.com’s Mining Pool, Shaun Chong, explained that after the vulnerability report was released the ABC development team was very quick to assess and fix the problem. <br /><br />“Bitcoin ABC dealt with the situation professionally and responsibly — They were quick to patch the bug and distribute it privately to miners, hence reducing the risk of a chain split”, Shaun Chong said.<br /><br />Bitcoin.com Pool mines blocks with Bitcoin Unlimited, and encourages the development of multiple Bitcoin Cash full node implementations, to keep the Bitcoin cash network resistant to bugs from a single implementation. – Shaung Chong, Bitcoin.com Pool.<br /><br />All BCH 0.17.0 Clients Need to Upgrade ASAP<br />The Bitcoin ABC programmers are asking all 0.17.0 users to upgrade to the latest 0.17.1 client as soon as possible. The team reveals that it will be taking “several actions” in the future to prevent events like this from occurring again and mitigate response times even faster. “Bitcoin ABC is in discussions with industry participants to establish a formal bug bounty system,” the team emphasizes.<br /><br />ABC developers say they would like to thank the anonymous person(s) who responsibly disclosed the issue to the development team. The report provided was “clear and professional” according to the developers. “We also want to thank the miners for their cooperation, understanding and for the fast and professional way in which they took action to protect the Bitcoin Cash network and its users,” the Bitcoin ABC developers conclude.",
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"content": "- Crypto News - Bitcoin ABC Developers Address a Vulnerability Found\n\nOn April 26, 2018, the Bitcoin ABC development team were notified of a critical issue that applies to Bitcoin Cash miners who were utilizing the Bitcoin-ABC 0.17.0 client. After analyzing the vulnerability ABC developers created a patch and distributed the new ABC client 0.17.1 and released the software to BCH mining pools. \n\nBitcoin ABC Developers Address a Vulnerability Found in the Client Version 0.17.0\nJust recently the Bitcoin ABC development team were notified of a vulnerability in the ABC 0.17.0 client by an unknown person(s). According to developers, the flaw could have caused an unintended split in the Bitcoin Cash network. Reports detail that an attacker could construct a malicious transaction that would be accepted by Bitcoin-ABC 0.17.0 miners. However, the block would be rejected by the rest of the compatible versions of Bitcoin Cash-compatible mining applications like the Bitcoin Unlimited client.\n\n“BUCash and versions of Bitcoin-ABC prior to 0.17.0 could be split from the majority Bitcoin Cash blockchain — Only Bitcoin ABC and BUCash nodes were included in the analysis of this vulnerability,” the development team details.\n\nAfter some testing and analysis of the vulnerability, the Bitcoin ABC development team crafted a patch for the issue immediately. “Bitcoin ABC 0.17.1 fixes this problem,” explains the ABC teams incident report and the new software was forwarded to verified BCH miners. The Lead Developer of the Bitcoin.com’s Mining Pool, Shaun Chong, explained that after the vulnerability report was released the ABC development team was very quick to assess and fix the problem. \n\n“Bitcoin ABC dealt with the situation professionally and responsibly — They were quick to patch the bug and distribute it privately to miners, hence reducing the risk of a chain split”, Shaun Chong said.\n\nBitcoin.com Pool mines blocks with Bitcoin Unlimited, and encourages the development of multiple Bitcoin Cash full node implementations, to keep the Bitcoin cash network resistant to bugs from a single implementation. – Shaung Chong, Bitcoin.com Pool.\n\nAll BCH 0.17.0 Clients Need to Upgrade ASAP\nThe Bitcoin ABC programmers are asking all 0.17.0 users to upgrade to the latest 0.17.1 client as soon as possible. The team reveals that it will be taking “several actions” in the future to prevent events like this from occurring again and mitigate response times even faster. “Bitcoin ABC is in discussions with industry participants to establish a formal bug bounty system,” the team emphasizes.\n\nABC developers say they would like to thank the anonymous person(s) who responsibly disclosed the issue to the development team. The report provided was “clear and professional” according to the developers. “We also want to thank the miners for their cooperation, understanding and for the fast and professional way in which they took action to protect the Bitcoin Cash network and its users,” the Bitcoin ABC developers conclude.",
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