US: GOP Senator Says Facebook Plans for Libra Coin Should Be Given a Chance

GOP Sen. Pat Toomey strayed from the Trump administration’s critical views on Facebook’s plan for the new Libra cryptocurrency, telling CNBC on Tuesday the digital coin should be given a chance. The Pennsylvania Republican said Libra is an “exciting innovation” that aims to solve the volatility that hurts other digital currencies, but he still has questions for the social media giant before its 2020 launch. image via Shutterstock

US: President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States. image via Shutterstock

Global: Spend Bitcoin At Amazon, Uber And Starbucks Using Fold’s BTC Lightning Network App

A payment platform called Fold has announced today that it will use the Bitcoin Lightning Protocol in order to enable its clients to buy goods from several stores such as Amazon, Starbucks, Whole Foods, Southwest Airlines and Home Depot. The cryptocurrency can also be used in services such as Uber. It was also revealed that the company is currently focused on letting the users be more free with their BTC by not needing to pass any Know Your Customer (KYC) procedures. This is partly because all the payments will be done via the LN, not directly on wallets that belong to the company. image via Shutterstock

Global: Previous Bitmain Leader, Jihan Wu, Opens New Crypto Deal Matrixport to Offer OTC Trading and Lending

It has been recently revealed that the Co-Founder of mining products and services provider, Bitmain Technologies’ Ltd., Wu Jihan has garnered a team of former employees to establish a crypto services platform reports Bloomberg. This new endeavor will be called, Matrixport, a service which has been described as being, “fully-committed to launch more regulatory-compliant blockchain financial services.” Matrixport will allegedly support trading at competitive prices and will ensure that traders have access to the lowest possible interest rates. image via Shutterstock

Global: Bitcoin Almost Wipes Out Its Mega Gain Just as Swiftly as It Came

Bitcoin’s rise was meteoric this week -- and its decline has been just as swift. It’s easy come, easy go in the crypto world, where a frenzy over Bitcoin pushed its price to nearly $14,000 on Wednesday, its highest level since January 2018. The largest digital asset then reversed course in a matter of minutes after a prominent cryptocurrency exchange reported an outage. The retreat accelerated Thursday and put the coin’s price back to nearly the same level as just five days ago. image via Shutterstock

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Blockchain Connect Conference

More Attention Should be Given to Blockchain Academics for the Uprising of Blockchain, Says Blockchain Connect Conference   Dec. 2nd, 2019, San Francisco - Blockchain Connect Conference, a futuristic blockchain-technology based conference, research destination, and collaborative event hosted by SV Insight, will officially take place on Jan 11, 2019, at Marriott Marquis in San Francisco, California. Emphasizing on academic in the blockchain space, this conference will gather the most authoritative blockchain professors around the world, the public chain projects with the most advanced technology, and technical experts, to discuss about the most cutting-edge blockchain academic research, problems, and solutions. By including keynote speeches and panels covering topics from research to application, the conference will explore the next big opportunity in the blockchain industry. The conference will be divided into two tracks: an academic track and a business track. The academic track will focus on academic discussions, mainly led by professors, scholars, and blockchain core developers, who will...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

New Voice

New Voice

Introduction: Coconut is a universal payment platform that allows customers to use any cryptocurrency to purchase goods and services. Coconut team is composed by a group of students from Harvard University and MIT, which won the award for best new nascent blockchain project at the MIT Bitcoin Expo 2018. BlockPulse 360 has the chance to conduct an interview with this promising project and team at Harvard University.

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Insights

Interview

Republic Is Creating An Equal Investment Opportunity for the Public

Republic is an investment crowdfunding platform that facilitates startup financing by main street investors including cryptocurrency investment. BlockPulse360 has the pleasure to sit down with its CEO Kendrick Nguyen at Harvard Business School to discuss the initiative of Republic in the crypto space. https://youtu.be/Qu24pzaqyO4

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

Crypto Market

Global: EOS Sets New Record for Most Cryptocurrency Actions in one Day, crosses Tron, Bitcoin and Ethereum

EOS, the sixth largest cryptocurrency on CoinMarketCap, reported significant growth over the past few days, proving to be a strong competitor for Binance Coin , Litecoin , and Bitcoin Cash . Apart from the performance in the market, EOS also set a new record for the most cryptocurrency actions processed in one single day. image via Shutterstock

South Korea: Crypto Exchanges in South Korea Scrambling to Survive as Bear Market Hits Hard

According to a local publication Blockinpress, crypto exchanges in South Korea are struggling to adjust to changing market conditions and the 14-month-long correction. Since January 2018, the global crypto exchange market has seen a rapid decline in volume. With the exception of Bitcoin and Ethereum, the majority of both major digital assets and tokens have seen a 50 to 90 percent decline in daily volume. image via Shutterstock

China: Rankings of Cryptocurrency Put Bitcoin Higher, EOS Still on Top

The Chinese Center for Information Industry Development (CCID), an organization working under China’s Ministry of Industry and Information Technology, posted rankings on Monday that reveal new aspects of its analysis of blockchain technology implementations by various cryptocurrencies. After months of low rankings, Bitcoin finally reaches the top 10, jumping over six other coins since the last analysis was published. image via Shutterstock

Global: Binance Ceo Says Excessive Printing Of Fiat Will Lead To Cryptocurrency Market Surge

The core reason for the rise of the decentralized currency world was the need for financial freedom. The ability to control one’s money was at the center of the emergence of cryptocurrency. This principle was voiced, coupled with a bold prediction, by the Chief Executive Officer of Binance, CZ. Changpeng Zhao, or CZ as he is popularly known in the crypto-world, stated that due to the nature of fiat currency creation at the will of the government, cryptocurrency will, one day, surge one thousand times against sovereign currency. His tweet failed to specify if this difference would be in value or the number of users. image via Shutterstock

Regulation

Global: Here’s how Blockchains Could be Ruined by Personal Data

You might not have heard of “privacy poisoning” but it is stated to become a big problem for public blockchains (a.k.a permissionless blockchains) in coming years. This article will explain what you need to know about privacy poisoning. To understand why it’s as scary as it sounds, we’ll need to start with some background. image via Shutterstock

France: IBM Plans to Hire 1,800 People in France for Blockchain and AI

IBM  CEO Virginia Rometty is currently having lunch with French President Emmanuel Macron in Paris. And Rometty talked with Le Monde and announced some new investments in France as part of the Tech for Good Summit organized by Macron. The company plans to hire 1,800 new people in France over the next couple of years. While this isn’t really groundbreaking as IBM has 380,000 employeesaround the world, it’s interesting to see the focus of these hires. image via flickr

France: PSG Partner With Cryptocurrency Firm Socios

Move over CFD brokers, cryptocurrency firms are making headway in the sports sponsorship market. This Tuesday, Paris Saint-Germain (PSG), a French football team, announced that it had formed a “multi-year strategic partnership” with Socios. The deal will see Socios becoming PSG’s “official branded cryptocurrency partner.” Neither side stated what sort of money was involved in the deal. image via Flickr

China: China Clamps Down on Cryptocurrency Speculation, But Not Blockchain Development

Chinese authorities have stepped up their pressure on domestic cryptocurrency activity in the last few weeks. While Beijing supports the development of the underlying blockchain technology, it is still trying to limit speculation in digital currencies roughly one year since banning their sales in "initial coin offerings." Blockchain technology creates a secure, basically permanent record of transactions between two parties, eliminating the need for a third-party intermediary such as a bank. image via Shutterstock

TECHNOLOGY

China: China Has the Most Blockchain Patents, Despite Banning Cryptocurrency

Patents have always been controversial in the cryptocurrency and blockchain space because most projects are established on the premise of decentralization and open source code. It’s for this very reason that the notion of intellectual property (IP) is incredibly contentious. We wanted to get a better idea about the amount of cryptocurrency and blockchain-related patents filed and published across the globe to identify key trends and gather information on the most active entities in the space. image via Shutterstock

US:Intel Patent Could Make Bitcoin Mining More Efficient

Swathes of cryptocurrency mining establishments are going out of businessat the moment, mostly because of high energy prices and the rising difficulty of mining, which adds up to an unprofitable system. The reward of mining isn’t worth the effort. But Intel thinks it can fight high energy consumption with its new patent. The chip maker successfully filed a patent this week for a processor that claims to offer high-performance Bitcoin mining, in an energy-efficient package. image via Shutterstock

US: Square Hiring Engineers to Work for Everyone, Not for Square

Jack Dorsey, CEO of Square Inc., has announced plans to hire several cryptocurrency engineers and a designer to work on Square’s new project aimed at developing an open source financial system that would benefit the entire cryptospace, reports Fortune.  In a bid to promote broader adoption of Bitcoin (BTC), ether (ETH) and other digital assets, crypto-friendly Square Inc. has announced plans to launch Square Crypto, a decentralized, open source project that would focus on creating solutions for the advancement of the entire crypto community. image via Shutterstock

Japan: Blockchain Is Expected to Solve the Problem of Comic Piracy

The cartoonist Matsumoto expected that the blockchain technology could be used to solve the problem of comic piracy. Recently, the free comic book website "Manga Village" was closed, which aroused public discussion. In response to this, Matsumoto called for the use of blockchain technology, with which data could be transferred without residue and trade could be finished without a central administrator. It is hoped that blockchain will cut off the vicious circle of comic piracy. (Japanese) image via Shutterstock