Friday, September 17

Month: June 2020

Bitcoin Offshoots: Bitcoin Cash, Bitcoin Gold and Bitcoin Private
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Bitcoin Offshoots: Bitcoin Cash, Bitcoin Gold and Bitcoin Private

As the original cryptocurrency, Bitcoin was the inspiration for hundreds of others, including little brother Litecoin and Ethereum. But some of these blockchains—including Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond—are direct forks of Bitcoin and share most of their DNA with the leading cryptocurrency. In total, there are over 40 bitcoin offshoots resulting from people deciding to fork the Bitcoin blockchain to create their own cryptocurrency. Here are three of the most popular: Bitcoin Cash Fork date: 1st August 2017 Bitcoin Cash—also known as Bcash—is the most famous fork of Bitcoin. This cryptocurrency born in August 2017 was the result of ideological differences between those who thought of bitcoin as more of a store of value, like digital gold, and those who m...
Token Economy Social Restaurant Discovery Service SynchroLife Closes $2.6 million Fundraising Round Bringing Total Raised to $3.7 million
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Token Economy Social Restaurant Discovery Service SynchroLife Closes $2.6 million Fundraising Round Bringing Total Raised to $3.7 million

Disclaimer: This is a press release and it is to be taken at face value. www.crypto-news.net is only a mediator is sharing information supplied by the company or companies mentioned in the press release. Use this information at your own risk. JUNE 2, 2020 – (Tokyo, Japan) GINKAN Inc., which manages SynchroLife, the restaurant discovery social media platform where diners can earn cryptocurrency (1) for posting restaurant reviews and as cashback when dining at participating restaurants, has announced it closed a $2.6 million USD Series A funding round led by MTG Ventures, Inc. (Head Office: Nagoya, Aichi; Representative Director and President: Go Fujita). This brings GINKAN’s total raised to $3.7 million USD. Round Participants (Order non-related) MTG Ventures, Inc., gift...
Tezos can settle ICO related lawsuit for $25 million in cash
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Tezos can settle ICO related lawsuit for $25 million in cash

Editor’s note: An oversight was made in regards to the value of the settlement proposed in this case. The article was fixed to showcase the factual truth. If you have been close to, or participated in the Tezos ICO, you are already aware of the significant amount of disputes and lawsuits that have followed in the wake of the $232 million worth of BTC and ETH raised during the project’s fundraiser. Today, new information emerged in regards to the court proceedings related to Tezos’ ICO class action lawsuit, where they are being held accountable for violating federal securities laws by offering and selling Tezos tokens without a registration statement with the SEC. The SEC has proposed a $25 million settlement in cash, which if accepted will be considered to resolve all c...
AdsDax achieves 1372 cryptocurrency transactions per second on Hedera Hashgraph with Zee Entertainment Enterprises, Sets new industry record
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AdsDax achieves 1372 cryptocurrency transactions per second on Hedera Hashgraph with Zee Entertainment Enterprises, Sets new industry record

Photo by Aaron Sebastian on Unsplash Disclaimer: This post is a press release provided by Wachsman, a blockchain PR agency on behalf of their clients and is not representative of any views, beliefs, and values held by www.crypto-news.net. The content below is to be understood at face-value as provided by the PR agency. AdsDax, Hedera Hashgraph and Zee Entertainment Enterprises join forces to showcase a live, enterprise use-case for Distributed Ledger and Blockchain technologies Swansea, UK —08 June — AdsDax, a decentralized advertising platform and marketplace to create, buy, verify, and sell advertising, has achieved over 1,300 cryptocurrency transactions per second (TPS) on Hedera Hashgraph’s enterprise grade distributed ledger. The announcement comes after AdsDax expa...
Bitcoin miners are facing a “The Purge”-like event
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Bitcoin miners are facing a “The Purge”-like event

With the Bitcoin halving behind us, we are now starting to see the first effects of the reduced mining rewards on Bitcoin miners. According to Glassnode, a blockchain data and intelligence provider miners have stopped selling their generated Bitcoin. In fact, miner outflow is at it’s lowest level ever. Disclaimer: This article is not financial advice. The views represented by the author are his own and crypto-news.net is not responsible for any losses (or gains) as a result of the information shared in this article. Chart showing the sale of Bitcoin from miners compared to historical average. Source: Glassnode This is pretty good news for the rest of the Bitcoin community. Weak hands in both trading and mining are setup to get eliminated. Miners that are struggling to k...
Facebook rebrands Calibra to Novi as the digital wallet for Libra cryptocurrency
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Facebook rebrands Calibra to Novi as the digital wallet for Libra cryptocurrency

Facebook decided to rebrand and rename the initial Calibra cryptocurrency wallet as the now new Novi cryptocurrency wallet. According to Facebook, the name Novi was inspired by the Latin words “novus” for “new” and “via” for “way.” according to the press release issued by the company on May 26th, 2020. Libra, as of the date of publishing is not yet available for public use, but according to the information, Novi will be the first (and perhaps only) wallet that will be used with the Libra cryptocurrency.   The wallet is presented as an easy-to-use integration that will be compatible with all of Facebook’s products, i.e. Messenger, Whatsapp, and a proprietary Novi application. It is expected that sending and receiving money through the Novi wallet will be free of charge, ...
Tezos can settle ICO related lawsuit for $250 million in cash
news

Tezos can settle ICO related lawsuit for $250 million in cash

If you have been close to, or participated in the Tezos ICO, you are already aware of the significant amount of disputes and lawsuits that have followed in the wake of the $232 million worth of BTC and ETH raised during the project’s fundraiser. Today, new information emerged in regards to the court proceedings related to Tezos’ ICO class action lawsuit, where they are being held accountable for violating federal securities laws by offering and selling Tezos tokens without a registration statement with the SEC. The SEC has proposed a $250 million settlement in cash, which if accepted will be considered to resolve all claims from investors and cover all lawyer fees, according to a press release by the United States District Court o...