Israel Diamond Exchange to Launch Diamonds-backed Cryptocurrency

The world’s largest diamond exchange hopes cryptocurrency can turn diamonds into a viable financial instrument. The Israel Diamond Exchange (IDE) has announced it signed an agreement with CARATS.IO to launch a digital currency backed by diamonds named CDC (CARATS.IO Diamond Currency). The developers explain that the new cryptocurrency will be based solely on investments in…

Bitcoin Blockchain Data is Now Beamed from Space via Blockstream Satellite

“Today’s launch of Blockstream Satellite gives even more people on the planet the choice to participate in Bitcoin.” San Francisco based blockchain and financial cryptography specialist Blockstream has just announced the availability of Blockstream Satellite, a new service that broadcasts real-time Bitcoin blockchain data from space. Learn how to buy Bitcoin and Ethereum safely with…

SegWit (Segregated Witness)- Bitcoin

SegWit (Segregated Witness)- Bitcoin DEFINITION of ‘SegWit (Segregated Witness)’ SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. When certain parts of a transaction are removed, this frees up space or capacity to add more transactions to the chain. Segregate means to…

Bancor Crowdsale Raises Over $140 Million in Less Than Three Hours

The Bancor fundraiser received 396,619 ETH worth over $142 million at an Ethereum price of $360. The Bancor Protocol’s fundraiser raised 396,619 ETH today, worth over $142 million at an Ethereum price of $360. This was done despite massive malicious cyber attacks on Bancor’s network, website and application – which forced the team to extend…

4 Reasons Why Bitcoin Is Not In A Bubble

Is bitcoin’s price in a bubble? Those who say so believe people are buying the cryptocurrency is for speculative purposes versus its original purpose – for transactions. Get exclusive analysis of bitcoin and learn from our trading tutorials. Join Hacked.com for just $39 now. Nathan Martin, writing in Economic Edge, believes most are buying bitcoin…

We Plan To Open 5,000 Bitcoin ATMs in Europe in 2017: Bitlish

Bitcoin ATM provider Bitlish was the first to open a bonafide BTM in Russia, but it is its expansion plans that are likely to get the market talking. Despite the growing presence of BTMs in Europe, usage is still limited. Not inconsiderable fees, as well as a lack of general consumer understanding, mean that online…

Crypto Massacre: Why Bitcoin, Altcoin Prices Suddenly Declined..

Bitcoin and major altcoins have recently experienced some significant volatility. While some players in the industry believe that the initial surge in price is as a result of value proposition and reasonable adoption of the entities, others have insisted that the surge is fueled by speculators who only want to recycle the capital to make…

Ethereum’s Market Cap Reaches $8 Billion, as Prices Jump Near $90

After some amazing gains you’d think ethereum would take a break, but someone pressed on the gas pedal today, making it jump $10 in around three hours, up from around $75-$80 to almost $90, giving it a market cap of more than $8 billion. That’s $1 billion more than just yesterday, but where is all…

Introducing Ethereum Development – Part 4 – Smarter Smart Contract

On Alice’s continuing mission to monetise her blog through Ether donations, she realises that her previous solution could be improved by making it more generic and flexible. She decides to create a Dapp to produce an embeddable button generated from a smart contract with an administrative UI. Taking this approach, she can build a solution…