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With Deplatforming on the Rise, Onchain Social Media App Memo Shows Promise

[ad_1] Last year the Bitcoin Cash (BCH) community welcomed a BCH-based social media network called Memo.cash. Since then Memo has gathered a lot of traction with hundreds of profiles and thousands of onchain updates and conversations posted to the BCH chain. Also read: Crypto-Friendly Statesman Takes Over Swiss Presidency Memo’s Uncensorable Posts Continue to Grow In April last year, news.Bitcoin.com reported on the social media platform Memo.cash, a decentralized app powered by
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Colorado Introduces Bill With Securities Law Exemptions for Cryptocurrencies

[ad_1] The U.S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill. Meanwhile, the state’s securities commissioner has already taken action against 20 initial coin offerings. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Colorado Digital Token Act Lawmakers in Colorado introduced the “Colorado Digital Token Act”
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Ledger Releases New Wallet With More Memory, App for Mobile Management

[ad_1] Ledger just dropped news of its latest hardware wallet, and it comes with an app for managing the wallet’s funds remotely. The company will reveal the new Ledger Nano X at this year’s CES conference in Las Vegas, Nevada. Calling its new wallet “Ledger’s new signature product,” the team indicated in a demonstration and interview with Bitcoin Magazine that the Nano X stays true to the simple design of
BLOCKCHAIN

US Feds Raid Tech Hub for Unauthorized Crypto Trading: Report

[ad_1] United States federal agencies reportedly raided the office of a Michigan-based science and tech center last month during a crypto-related investigation, local news outlet Wood-TV reported Jan. 5.As Wood-TV reported, Chris Boden, the founder of The Geek Group, made a live public statement on YouTube Saturday night, which has evidently since been deleted. Boden reportedly claimed the office of his tech-oriented, non-profit organization had been raided by members of
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McKinsey & Company: Blockchain Technology Isn’t Living Up to the Hype

[ad_1] McKinsey & Company, the leading consulting firm, says blockchain technology is failing to transition past its pioneering stage. The company notes, however, that payments may not be the best use-case for a complex technology like blockchain. Houston, We Don’t Have Lift Off Major consulting company McKinsey & Company has published an article on the current issues faced by blockchain technology as a whole. The firm argues that all through 2017
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Venezuela Wants to Use Petro to Finance Large Housing Program

[ad_1] Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.” Also read: Crypto-Friendly Statesman Takes Over Swiss Presidency Minister Urges Construction Companies to Accept Petro The Venezuelan Ministry of Housing is
Business

Law Enforcement Inquiries Sent to Kraken Nearly Tripled in 2018

[ad_1] Cryptocurrency exchange Kraken has received nearly three times more law enforcement inquiries in 2018 than in 2017, the exhange reported in a tweet Jan. 5.According to data displayed in the weet, in 2018 the exchange received 475 law enforcement inquiries from global government agencies, while in 2017 there had been only 160. Still, 2017 numbers were already considerably higher than the previous year, when there were only 71 inquires.Annual
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Bitcoin and Trading Psychology

[ad_1] Every time you place a new Bitcoin trade, you’re being motivated by powerful internal belief systems. When you press the buy or sell button, it speaks volumes about your desires and intrinsic estimation of self-worth. When you hear bullish (bearish) news, your internal financial and self-esteem conditioning can even overreact, causing you to trade too aggressively or timidly. A basic understanding of bitcoin trading psychology can help keep your
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ProgPoW: Ethereum developers achieve “cautious” consensus on blocking ASICs

[ad_1] During the Core Devs meeting held on Friday, the Ethereum core team decided to push ahead with the implementation of ProgPoW (Programmatic Proof of Work), which would block specialized mining hardware or ASICs. Lead developer Hudson Jameson noted that developers will continue to follow the implementation of the algorithm unless a major problem is discovered during the test. However, no binding timeframe has yet been agreed, as core developers
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McKinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

[ad_1] During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype. Also Read: Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5M Billions Wasted on Blockchain Pilots McKinsey & Company, the American management consulting firm, has released