BLOCKCHAIN

Eos Developer Block.one Announces Blockchain-Based Social Media Platform Voice

[ad_1] Eos (EOS) parent company Block.one has announced a blockchain-based social media platform called Voice, according to a press release shared with Cointelegraph on June 1.The firm claims that the platform will use the Eos blockchain to provide transparency on how it operates, without hidden algorithms or content-pushing mechanisms of which the user is unaware.In the press release, the CEO of Block.one, Brendan Blumer, compared Voice with traditional social media
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Unauthorized Bitcoin Broker From Nevada to Spend 2 Years in Prison

[ad_1] According to a recent report, a man from Nevada, Morgan Rockcoons who is also known as Morgan Rockwell has been charged with wire fraud and the operation of an illegal Bitcoin exchange for using LocalBitcoins and has been sentenced to twenty-one months in prison along with the forfeiture of $80,600 in illegal profits by U.S. District Judge Anthony J. Battaglia. Morgan Rockcoons Sold Lands that he Doesn’t Own in
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Mixing Service Bitcoin Blender Quits After Bestmixer Takedown

[ad_1] On May 27, cryptocurrency supporters learned that the anonymous BTC mixer Bitcoin Blender would be shutting down. The news follows the recent closure of Bestmixer.io after it was seized by global law enforcement. Also read: Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time Bitcoin Blender Bows Out Another popular bitcoin mixing platform is closing its doors, but unlike Bestmixer.io, Bitcoin Blender is doing so
BLOCKCHAIN

‘This Tech Can Solve the Trust Crisis’

[ad_1] Head of Blockchain and Distributed Ledger Technology at the World Economic Forum (WEF), Sheila Warren, claims that blockchain could be a solution to the worsening trust crisis globally. Warren made her comments during an interview with Cointelegraph on May 31.During the interview, Warren claimed that public trust towards governments, banks, media and institutions, namely in the U.S., is “rapidly eroding.” She then noted that she thinks that blockchain, if
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This IEO Crypto Token is Up 800% After Binance DEX Launch

[ad_1] Crypto figures were urging caution June 1 after the first token to trade on both Binance and Binance DEX saw suspiciously high trade volume. Harmony Outperforms BNB Crypto Token Harmony (ONE), which constitutes Binance’s latest initial exchange offering (IEO), saw over $600 million in volume in the 24 hours to press time, according to data from CoinMarketCap. The token is the first to debut on both Binance’s regular platform
Business

Bitcoin Price Approaches $8,600 as Top Cryptos See Slight Gains

[ad_1] Saturday, June 1 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin (BTC) approaches the $8,600 mark.Market visualization courtesy of Coin360Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 6%.Bitcoin 7-day price chart. Source: CoinMarketCapRecently released research from United States-based
Business

US, Japan Top Sources of Traffic to Crypto Exchanges Globally: Study

[ad_1] The United States is the top source of traffic to cryptocurrency exchanges globally, Cointelegraph Japan reported on June 1.The research was released by crypto news outlet The Block on May 31. The study shows that 24.5% of the total traffic directed to crypto exchanges originates in the U.S. Japan came in second, with 10% of the total traffic, while South Korea got about 6.5% and Indonesia about 4.5%.Still, as
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Coinbase Exchage President and COO— Asiff Hirji, is Set to Resign

[ad_1] Based on a recent report, president of San Francisco based crypto exchange, Coinbase — Asiff Hirji, who also serves as the Chief operating officer at the exchange is set to resign from the company after working for almost two years since he joined in December 2017. This will make him the second key executive of the exchange to leave the firm this year. Coinbase CEO Confirms the Exit Co-founder
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Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time

[ad_1] Following the sentencing of Thomas White, the founder of the Silk Road 2 (SR2) marketplace during the first week of April, another SR2 administrator may evade prosecution. According to reports, SR2 admin Blake Benthall cooperated with global law enforcement and may only face fines for avoiding taxes. The news of the two SR2 admins’ sentences further aggrieved Ross Ulbricht’s family who believe there’s a disparity between their son’s double
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Tether Launches Stablecoin on EOS Blockchain

[ad_1] Tether has announced that it will be issuing its USDT stablecoin on the EOS blockchain in partnership with Block.one Tether Adds EOS to Ethereum and TRON Launch In a press statement issued on its website, Tether announced that EOS is the next blockchain to host the USDT stablecoin following similar launches on Ethereum and TRON. An excerpt from the post reads: Following the widespread success of Tether across Omni