Urban, Author at 2100NEWS

UrbanDecember 3, 2018

The cryptocurrency market has lost more than $12 billion from its valuation in the past 24 hours, as the Bitcoin price fell under the $4,000 mark. Major cryptocurrencies including Stellar (XLM) and Bitcoin Cash (BCH) lost around 6 percent in value on average, demonstrating a lack of momentum and trading activity. Bloodbath On December 2, CCN reported that if the price of the […]

UrbanDecember 3, 2018

The G20 Countries have signed a joint declaration in Buenos Aires, where it promises to regulate cryptocurrencies and combat its use for money laundering and the financing of terrorism in line with the Financial Action Task Force (FATF) standards, per a Saudi Gazette report. Section 25 of the declaration signed by the forum reads: “We will […]

UrbanDecember 2, 2018

Tech giant Asus is now making it possible for gamers to use the excess processing power of their graphics cards to earn some profit from crypto mining. In an announcement made on Thursday, the Taiwan-based tech company stated that it has entered into a partnership with a mining app provider known as Quantumcloud. Under this partnership, Asus […]

UrbanDecember 2, 2018

Dr. Craig S. Wright has a mission in mind for Bitcoin SV (BSV) to process terabyte-sized blocks. It’s a “2 year target” according to a tweet he published yesterday. Dr Craig S Wright ✔@ProfFaustus 2 year target. 2-4 Million TPS peak 500k sustained Terranode Bitcoin 395 7:20 PM – Nov 29, 2018 Twitter Ads info […]

UrbanDecember 2, 2018

Sirin Labs, the blockchain startup funded by nearly $158 million in initial coin offering (ICO) proceeds, has released its much-anticipated “blockchain smartphone,” the FINNEY. The firm unveiled the device on Thursday at a release party in Barcelona, which featured presentations from several Sirin executives along with an appearance by football legend and Sirin brand ambassador Lionel Messi. […]

UrbanDecember 1, 2018

Vitalik Buterin was at Devcon4 recently and gave an interview to Quartz in which he said a few things about Ethereum in general. For one, he feels that a “world computer” is still a valid way to describe the Ethereum project – “a shared computing environment that anybody can build and run stuff on is still a totally […]

UrbanDecember 1, 2018

Bitcoin is not far from a critical loss of investor confidence that will lead to the market hemorrhaging vast amounts of value as nervous investors dump their holdings. This is the opinion of Chris Beauchamp, an analyst at the online trading platform IG. Speaking to the Financial Times, Beauchamp stated that the crypto market leader is heading […]

UrbanDecember 1, 2018

SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs). According to CNBC, at the Consensus Invest Conference in New York City recently, Clayton said: What investors expect is that trading in the commodity that underlies that ETF makes sense and […]

UrbanNovember 30, 2018

A blockchain-based trading platform that could assist oil majors and trading firms to drastically reduce costs is now operational. Known as Vakt, the platform which was created last year by a consortium consisting of Anglo-Dutch oil giant Shell and British Petroleum (BP), went live on Wednesday, according to Reuters. Other members of the consortium include global commodity […]

UrbanNovember 30, 2018

A Pakistani-American woman who bought bitcoin and other cryptocurrencies using fraudulently obtained credit cards before wiring the funds to ISIS has pled guilty to charges of offering financial support to a terrorist organization. According to court filings, Zoobia Shahnaz made a couple of wire transactions last year to fronts for the Islamic terror outfit ISIS in China, […]

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Author: Urban

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