Has Ethereum Bottomed Out? Report From Major Trading Firm Says So

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According to Genesis Global Trading, a major cryptocurrency investment firm that targets institutional investors, short interest towards Ethereum (ETH) has declined substantially in the third quarter of 2018. Since March, the firm loaned out $553 million in digital assets including Bitcoin and Ethereum to hedge funds and alternative investment companies. Around 60 percent of the…

$50 Million Bitcoin Mining Farm Opens in Armenia

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A new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia Establish…

Cryptocurrency Jobs Increase by 300 Percent, Ethereum Incubator ConsenSys Labs Lists Most Vacancies

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Despite the cryptocurrency market slowdown and regulatory uncertainty in 2018, cryptocurrency- and blockchain- related job and roles have increased significantly, indicating clear interest and considerable demand in the sector. Bitcoin Jobs Rising As per data collated by job portal Glassdoor, traditional companies have ramped up hiring for blockchain and blockchain associated jobs. The company researched…

SpankChain Smart Contract Compromised, Hackers Take $38,000 in Ethereum (ETH)

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Blockchain-based adult entertainment protocol SpankChain revealed the theft of 165.8 ether (ETH), worth $38,000 at the time. The move occurred after hackers exploited a smart contract bug on the protocol, according to an official release on Oct.9. SPANK is “Spanked” As stated, the hack took place on Oct.6 when the SpankChain team was investigating multiple…

The Dapp Revolution: Rebuilding Society Through Decentralization

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This article about the Dapp Revolution was written by Heidi Yu. Heidi is a serial entrepreneur, influencer, marketing evangelist, and AI enthusiast. Heidi founded Boosto.io, a decentralized app store that returns power to creators and makers.  If you can dream it, a decentralized application can do it. According to a report from UK market intelligence firm Juniper Research,…

New York’s $30 Million Housing Development Up for Grabs on Ethereum

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When it comes to Wall Street, most would envisage the crypto securities market as a distant, but a multi-trillion-dollar blip on the horizon. And yet, for all the ruminations of regulators, the Big Apple’s real estate market has taken its another step onto the bandwagon of tokenization. A luxury condo development is set to find…

Startup Raises $2.5M From Binance to Help Australia’s Airports to Accept Crypto

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Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2.5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports. At selected airports including Brisbane, the capital of Queensland, cryptocurrency users will now be able to utilize major digital assets like…

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

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Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches…

0x Project (ZRX) Announces Completion of Mainnet Testing, Launch of Ver 2.0

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Will Warren, the co-founder of the 0x Project, announced Monday via Medium that the next iteration of the 0x protocol is now live. 0x protocol v2.0 is live!https://t.co/ZNroZY31FM — 0x (@0xProject) September 24, 2018 A Year in the Making Warren claims the team at 0x has worked hard over the course of the past year developing the…

Brazil’s Biggest Brokerage Goes Big on Bitcoin

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Grupo XP, Brazil’s largest independent brokerage and owner of XP Investimentos SA, is launching an exchange in the upcoming months that will facilitate Bitcoin and Ethereum trading. According to Bloomberg, the new crypto exchange dubbed XDEX will have around 40 employees. With a mission to “to help Brazilians invest better, offering the ideal solutions for…