cryptocurrencyrevolution

Reserve Bank of Zimbabwe Sued for Banning Cryptocurrency ⋆ Tech Talk Nigel Gambanga · May 24, 2018 · 3:00 am The Reserve Bank of Zimbabwe (RBZ) is facing a lawsuit from a cryptocurrency exchange in the African country following the RBZ’s recent order to all registered financial institutions to stop all forms of cryptocurrency trading. The Legality of Cryptocurrency in Zimbabwe Brought into Question According to news reports, Golix, the largest cryptocurrency exchange in Zimbabwe, submitted a High Court challenge stating that the RBZ does not have any authority to declare cryptocurrencies illegal. Golix is arguing that only the country’s legislative body, the parliament, has the authority to formulate laws that ban virtual currencies. It is also arguing that the RBZ did not give adequate time for notice and a right of response when it issued its ban. The legality of cryptocurrencies in Zimbabwe has always been a grey area and, in the past, the central bank has warned citizens to deal in cryptocurrencies at their own risk, while pointing out that all virtual currencies were not recognized as legal tender in the country. Despite this stance from the regulator, no laws or regulations have been passed to enforce activities in the space. Cryptocurrency related businesses in Zimbabwe like exchanges have been registered as companies but had been operating without any licensing framework specific to virtual currencies. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike … https://beat.10ztalk.com/2018/05/24/reserve-bank-of-zimbabwe-sued-for-banning-cryptocurrency/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinIndependentNewsAndBlog+%28Cryptocurrency+decentral+market%29

Sound advice from young Joseph! _______________________________________________________ Double tap if you agree withJoseph Young and tag your Crypto friends below! 🤗👇 _______________________________________________________ Follow @cryptocowb0ys for your daily #cryptocurrencynews posts! _______________________________________________________ ❤️Like, Comment & Share! _______________________________________________________ 🔔 Be sure to turn on post notifications so you don't miss a thing 👆 - And don't forget to tag your #crypto photos with #CryptoCowboys

India to Levy GST on Crypto Now? ⋆ Tech Talk According to Bloomberg Quint, India may be considering the possibility of levying GST on cryptocurrency trading. This is a proposal that is being forwarded despite there being no clear-cut statement from the government, confirming their stance on the legality of the market.…The Government of India is very conflicted about the cryptocurrency market because of the obvious risks that it poses to economies and investors in general. The country, unanimously, has made no decision on whether or not to legalise or ban the use of it, but only a month ago, at the beginning of April, The Reserve Bank of India issued a circular demanding all businesses registered with them to wind down cryptocurrency related activities. This came as a large shock to the Indian crypto community because they feel that this is the first step towards a full-fledged ban. The announcement sent shock waves through the community and many people represented their views in forms of petitions and discussions. Recently, many news reports have come forward saying that cryptocurrency exchanges in the country have taken to legally appeal the circular released by the RBI. There are in current logs, two court cases that deal with this particular circular issue, one filed at the Delhi High Court and the other with the Supreme Court of India. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://beat.10ztalk.com/2018/05/24/india-to-levy-gst-on-crypto-now/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinIndependentNewsAndBlog+%28Cryptocurrency+decentral+market%29

Bermuda Continues to Open Its Arms to Crypto Space ⋆ Tech Talk Bermuda Continues to Open Its Arms to Crypto Space May 24, 2018 by Nick Marinoff Cryptocurrency brokerage agency Omega One is opening an office in Bermuda. Executives will work with both insurers and the island’s government officials to hold and secure digital currency investments on behalf of its customers. A Small Island with Big Ambition Bermuda has worked hard over the last few months to develop itself as the next big cryptocurrency haven. The island recently hired Gabriel Abed – the founder of Barbados-based financial technology firm Bitt and the British Virgin Islands-based Digital Asset Fund – to work as a digital currency consultant to legislators, while regulators have drafted a bill that would formally introduce initial coin offering (ICO) rules to the island’s traders. Bermuda has also attracted a long list of additional cryptocurrency names and businesses including Binance, the world’s largest cryptocurrency exchange. At present, it is becoming one of the most popular atmospheres for crypto users due in part to its established legal and technical infrastructure, as well as its growing insurance industry, which makes it particularly attractive to institutional investors. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://beat.10ztalk.com/2018/05/24/bermuda-continues-to-open-its-arms-to-crypto-space/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinIndependentNewsAndBlog+%28Cryptocurrency+decentral+market%29

Impleum Announce their Open Source Blockchain Platform ⋆ Tech Talk May 24, 2018 at 10:05 // PR Impleum is a powerful and scalable path to develop decentralized applications (DApps). DApps use the decentralised capabilities of blockchain technology and a layer of powerful service nodes to route information. Upcoming DApps Quizi.io – webservice Quizi is a powerful marketing tool. It is a service of convenient and informative quizzes and polls, the results of which are saved in the blockchain. They stay reliable and unchangeable forever. Discover answers to the most provocative question or pass the test and get reward in cryptocurrency. Settle the old dispute. Express your opinion and share it with your friends. OldStyleRacing – mobile game Old Style Racing is a classic time killer for iPhone and iPad. It was designed as a retro cars racing game. The game control is all about double tapping. Showing top results in this game is a tremendous challenge. The gist of the game comes down to maneuvering a car between barriers on the road and collecting coins. Coins can be exchanged for IMP. First you need to go to the account and withdraw your coins on your Impleum wallet. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://beat.10ztalk.com/2018/05/24/impleum-announce-their-open-source-blockchain-platform/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BitcoinIndependentNewsAndBlog+%28Cryptocurrency+decentral+market%29

Bitcoin price analysis: BTC/USD trapped in bearish trend; McAfee urges to keep calm and HODL on #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-analysis-btc-usd-trapped-in-bearish-trend-mcafee-urges-to-keep-calm-and-hodl-on-201805230723

FRESCO Announces the World's First Blockchain Art Award - FRESCO Art Award The World's First Blockchain Art Award FRESCO Art award breaks off from the traditionally centralized approach, where the selection is based on established reputation, market acceptance, or the decisive opinion of an individual. Top 5 artists will be selected for the FRESCO Art Award. The artist has freedom on the artistic medium he or she chooses. The artwork theme will be "Blockchain". Award Open Selection Phase (05/22/2018 11 P.M. UTC — 08/22/2018 11 P.M. UTC): #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike . https://www.prnewswire.com/news-releases/fresco-announces-the-worlds-first-blockchain-art-award---fresco-art-award-300653790.html

IBM Leads 'Call for Code' to Use Cloud, Data, AI, Blockchain for Natural Disaster Relief $30 million, 5-year IBM investment unites developers to solve pressing social issues; benefits UN Human Rights... During a keynote address at the VivaTech Conference in Paris, IBM Chairman, President and CEO Ginni Rometty called on the technology industry to help build a better future, committing IBM technology and $30 million USD over five years in the annual Call for Code Global Initiative. Its goal is to unite the world's developers and tap into data and AI, blockchain, cloud and IoT technologies to address social challenges. "At IBM, we harness the power of technologies like AI, blockchain, IoT and cloud to address some of the biggest opportunities and challenges in business," said Bob Lord, IBM chief digital officer. "Now, with Call for Code, we are calling on all developers to join us and use these same leading edge technologies to help people, their communities and society." Through Call for Code, IBM and David Clark Cause are joining forces with the United Nations Human Rights Office and its human rights-based approach to humanitarian action, which focuses on securing the participation of affected groups in preparedness, response and recovery efforts, and bringing attention to the most excluded and marginalized populations. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://www.prnewswire.com/news-releases/ibm-leads-call-for-code-to-use-cloud-data-ai-blockchain-for-natural-disaster-relief-300654256.html

Bitcoin Mining Is More Popular -- And More Destructive -- Than Ever Bitcoin mining is leading to new forms of cyberattacks. About 17 million of 21 million bitcoins have already been mined. As more bitcoins are mined, the system increases the difficulty of the cryptographic hashes that must be solved. Bitcoin also cuts the number of coins awarded to a miner in half every 2.1 million blocks. In July 2016, the reward was halved from 25 coins to 12.5. In May 2020, it will drop to 6.25 coins. With fewer bitcoins left and fewer coins awarded for mining, the primary way to boost profits is to lower operating costs. Namely, the power consumption of running and cooling massive banks of servers. Even with a potential payoff of $100,000 per block added, those costs are not insignificant. In the U.S., depending on electricity rates, the cost to mine a single bitcoin ranges from $3,200 in Louisiana to nearly $10,000 in Hawaii. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://www.forbes.com/sites/forbestechcouncil/2018/05/24/bitcoin-mining-is-more-popular-and-more-destructive-than-ever/

Ripple Price Analysis: XRP/USD Primed for Declines - Ethereum World News Ripple price broke a major range support at $0.6550 and declined against the US Dollar. XRP/USD is now positioned well below $0.6000 with a lot of bearish signs. https://ethereumworldnews.com/ripple-price-analysis-xrp-usd-primed-for-declines/ #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike

Verge (XVG) Team Working On Software Patch and New Wallet - Ethereum World News No software program or project is ever 100% secure. Even the best of the best cryptocurrency projects have bug bounty programs where they encourage the software community to attempt to find security vulnerabilities in their code in a bid to make them more secure. No software program or project is ever 100% secure. Even the best of the best cryptocurrency projects have bug bounty programs where they encourage the software community to attempt to find security vulnerabilities in their code in a bid to make them more secure. And when one such vulnerability is found, the creators usually offer a patch to the software as the Verge (XVG) team is doing, and also give a reward to whomever found the vulnerability in the code Backpedaling a bit on the hack and projects that have bug bounty programs, we find that both Ripple (XRP) and Dash (DASH) have bug bounty programs. Both projects appreciate the finding of bugs that include exploits, vulnerabilities and information about ongoing attacks against each of their software. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike . https://ethereumworldnews.com/verge-xvg-team-working-on-software-patch-and-new-wallet/

What Is LocalCoinSwap? There have been some unique takes on the concept of exchanges and trading platforms. THE IDEA BEHIND LOCALCOINSWAP Building a community-owned peer-to-peer exchange is not all that easy. Doing so will require a proper infrastructure and sufficient funding. Right now, the funding aspect is being handled through an initial coin offering. The infrastructure, on the other hand, still needs to be built out. With a main focus on distributing profits back to token holders, LocalCoinSwap has a lot of merit. HOW DOES IT WORK? There are a few key aspects of LocalCoinSwap to take into account. It is designed to let traders purchase any cryptocurrency directly by signing up for an account. Unlike other trading platforms, there is no verification requirement in place, although the exact details remain to be determined. It is a project designed to facilitate trustless transactions, with LocalCoinSwap holding one’s cryptocurrency in escrow until their transaction is completed. Perhaps the most appealing aspect of LocalCoinSwap is that it will seemingly support any cryptocurrency and any conceivable payment method. This sounds like a more advanced version of LocalBitcoins and ShapeShift, although it remains to be seen how this will pan out exactly. Having more payment options without extra verification steps can only be considered a positive development. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://themerkle.com/what-is-localcoinswap/

Fear Never Made Anyone Rich.... Invest now and get paid... DM to earn.. 💰

Banishing The Bear: New Analysis Pinpoints Return To Bitcoin Bull Market FROM SELLING TO STOCKING UP In a selection of charts uploaded to social media May 23rd, the group, known on Twitter as “The Crypto Fam,” determined BTC/USD was coming to the end of a three-cycle bearish phase which began in mid-December 2017. According to the findings, institutional investors were “clearly stocking up” on Bitcoin prior to the all-time highs seen at the time. They then began selling in waves, resulting in three peak-and-trough cycles, each less severe than the last. The Crypto Fam writes: The bear market has consisted of 3 major drives down, represented by black arrows in the chart below. We are currently in the midst of the 3rd drive down, awaiting a bottom. http://bitcoinist.com/banishing-bear-new-analysis-pinpoints-return-bitcoin-bull-market/?utm_source=dlvr.it&utm_medium=twitter #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike

IBM to Launch Blockchain Projects in France IBM has announced that it will be creating 1,800 jobs in France for its emerging-tech initiatives, including distributed ledger technology development. The American multinational technology company has recently shown off a salt-grain computer designed to spread blockchain to the masses. IBM to Add 1,800 Jobs In France for Tech Initiatives, Including Blockchain The International Business Machine (IBM), a New York based technology giant who is leading the blockchain revolution, is setting up a number of tech-development projects in France, in coordination with the French government headed by President Emmanuel Macron. The company expects to add 1,800 jobs in the next two years for the development of artificial intelligence (AI), blockchain, cloud computing and Internet of Things (IoT), among other emerging technologies. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://www.newsbtc.com/2018/05/24/ibm-to-launch-blockchain-projects-in-france/

Another Report Links Bitfinex to Puerto Rico’s Noble Bank The whispers that cryptocurrency exchange giant Bitfinex has found a banking partner in the Caribbean are growing louder. This is not the first time that Noble has been fingered as Bitfinex’s banking partner. As CCN reported, BitMEX Research released a report in March suggesting that Noble was likely providing banking services to Bitfinex and Tether — a cryptocurrency startup that issues a USD-pegged token that trades under the ticker symbol USDT. Tether is closely associated with Bitfinex, even sharing a management team, though the companies have not publicly discussed the precise nature of their relationship. Tether, moreover, has never released a full third-party audit verifying that its tokens are fully-backed by USD, even as its market cap has swelled to $2.5 billion. The BitMEX report noted that aggregate financial data indicated that Puerto Rico-based financial institutions had experienced a surge in cash deposits last year that correlated with both the rapid increase in newly-issued tethers and the growth of the cryptocurrency market as a whole. According to Bloomberg, an anonymous source with “direct knowledge” of the matter said that Noble was “almost entirely responsible” for that increase, which saw cash deposits rise to $3.3 billion in Dec. 2017 from $191 million just one year prior. Bitfinex’s difficulty finding a long-term banking partner has been thoroughly documented, and the firm is said to have bounced around institutions using a string of third-party accounts following the decision by Wells Fargo to close the exchange operator’s accounts. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://www.ccn.com/another-report-links-bitfinex-to-puerto-ricos-noble-bank/?utm_source=dlvr.it&utm_medium=twitter

Thai Cryptocurrency Experts Engage the Government Regarding Taxation Guidelines Cryptocurrency regulation has always been a rather controversial topic. It is, by default, nearly impossible to effectively regulate an industry which is decentralized and has no central entity. THE FUTURE OF BITCOIN REGULATION IN THAILAND Asian countries have taken somewhat controversial approaches to regulating Bitcoin and other cryptocurrencies in the past few months. China has taken the far more aggressive stance by banning all CNY-based trading. Japan legitimized Bitcoin as a payment method last year, which allowed the world’s leading cryptocurrency to gain more mainstream traction. Which way Thailand will go in this regard remains to be determined. The country’s regulators will sit down with cryptocurrency and blockchain experts this week and determine how best to handle things moving forward. There will also be an open dialogue regarding the government’s tax laws, which have a few companies on edge as of right now. More specifically, there are growing fears of a high level of taxation on cryptocurrency transactions. That would not be uncommon in Asia, as some countries charge taxes of up to 30% on trading activity these days. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike https://themerkle.com/thai-cryptocurrency-experts-engage-the-government-regarding-taxation-guidelines/