Roy Niderhoffer, president of RG Nierderhoffer Capital Management New York hedge fund, strongly believes in the future of Bitcoin that he is ready to accept cryptocurrency for a manhattan mansion worth almost $ 16 million, which he recently put up for sale. This writes Bloomberg . The six-story building of the 19th century in a prestigious area on Riverside Drive with a total area of about 5,200 sq. M is sold for $ 15.9 million. And although it can be purchased for Fiat, Roy Niderhoffer does not hide that he would prefer to get Bitcoins. “I really believe in Bitcoin.…
Author: BlockchainJournal
British auditing and consulting giant Ernst & Young (EY) published a report on the current status of the most significant 141 of the 372 ICO-projects of the last year, which accounted for 87% of investments attracted in this field. The findings of the auditors suggest that the so-called “class of 2017” now “doesn’t inspire much confidence.” Over the year, the price of tokens 86% of projects fell below their price since they were listed, while 30% lost a significant part of their value, and the 10 most successful ICO projects of the last year showed a positive trend. The working…
The developer of the Lightning Network from Berlin, Matias Steinig, has developed a system that allows electric bikes to be brought into operation with the help of micro-payment technology Lightning Network. The solution is at the stage of a proof-of concept, but already fully functional, including the payment system. In potential, it may be useful for companies engaged in the rental of urban electric jets. Matthias Steinig noted that while he is sharing only the program code, the description of the installation will be posted later. The programm code for the lightning-bike is online: https://t.co/8sUn1ca1Xu For now only the code…
The international payment system Neteller announced that now its users have the opportunity to instantly buy and sell cryptocurrency. NETELLER – including #Bitcoin , #BitcoinCash , #Ethereum and #Litecoin . Find out more today: https://t.co/ysYL349shV $ BTC $ ETH $ ETC $ LTC $ BCH pic.twitter.com/roP1QSF3eD – NETELLER (@NETELLER) October 19, 2018 The Neteller report says that at this stage, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) operations are available to users. In the future we plan to add other digital assets. At the initial stage, the option of buying and selling cryptocurrency is available to residents…
Co-founder and head of Civic, a company developing a blockchain- based identification solution, Winnie Lingham (Vinny Lingham) believes that the price of bitcoin will reach 100,000 and this will lead to a new bubble cycle on the cryptorney market. At the Chain Reaction blockchain event in Johannesburg (South Africa), Lingham said he believes in the long-term prospects of a cryptocurrency market, but sees the likelihood of another bubble on it, which investors will be greedy for. “Do I think we will have another bubble? Probably because people just don’t learn. One day Bitcoin broke through $ 20 thousand, it will…
Average transaction fees in the main network Monero decreased by more than 90% – from $ 0.60 to $ 0.02. This was made possible through the implementation of the Bulletproofs protocol. Average fee has plummeted from 60 cents to 2 cents https://t.co/V6Nwejuo6L pic.twitter.com/d6d8qYB8WU – CoinMetrics.io (@coinmetrics) October 20, 2018 At the same time, the average transaction size fell by more than 80% – from 18.5 KB to 3 KB. Bulletproofs update: 3kb versus a pre-fork average of 18.5kb https://t.co/V6Nwejuo6L pic.twitter.com/lvGOlQcidZ – CoinMetrics.io (@coinmetrics) October 20, 2018 Recall earlier in the Monero network held hardfork. Subscribe to BlockchainJournal on YouTube !…
Litecoin Core client developers announced that commissions in the main network of “digital silver” will decrease 10 times after the release of version 0.17. Litecoin Fees to lower 10x in next Core Release. @thrasher_au @LitecoinProject #Litecoin https://t.co/AAkBdzZkMr – Litecoin.Com (@LitecoinDotCom) October 19, 2018 So, at the moment the commission is 0.001 LTC per Kb ($ 0.05). After updating the protocol, the indicators should reach 0.0001 LTC per KB ($ 0.005), thereby returning to the 2015 levels. At the same time, Adrian Gallagher, the leading developer of Litecoin Core, said that the bear market will be completed within 3-6 months. As…
The Intergovernmental Organization for the Creation of World Standards for Combating Money Laundering said that by June of next year the first rules would be established by which countries should exercise control over cryptocurrencies , reports Reuters . The Paris Group for the Prevention of Money Laundering (FATF) reported that jurisdictions around the world must license and regulate the exchanges that work with cryptocurrency wallets . These measures will counteract the laundering of digital money, the financing of terrorism or other financial crimes. Companies that provide financial services for the release of new cryptocurrencies – ICO should also be subject…
Ernst & Young, a member of the Big Four auditors, has published a report on the price dynamics of tokens issued as part of ICO. It turned out that 86% of such coins are traded below the price when listing, and 30% have lost any value at all. At the same time, only 10 of the estimated 372 demonstrate reverse dynamics. At the same time, charges of 110 out of 372 projects accounted for about 87% of the total investment in ICO, and only 25 have a working product or at least a prototype. It is noteworthy that, according to…
Sberbank of Russia reported that, together with the National Settlement Depository (NSD), it is ready after adopting the laws “ On digital financial assets ” and “On attracting investments using investment platforms” to conduct an ICO for its clients. This conclusion was made on the basis of their test ICO in the “sandbox” of the Bank of Russia. “Participation in the sandbox of the Bank of Russia made it possible to get an assessment of bank experts and departments, as well as form a working roadmap for creating legal conditions for the provision of services, evaluate the features of working…