BitCoin Update


IBM launches a cheaper platform for start-ups to build blockchain projects

IBM launches a cheaper platform for start-ups to build blockchain projects

has unveiled a new blockchain product that lets start-ups and developers build their own distributed ledger projects. The service is a cheaper alternative to Big Blue's current enterprise plan for firms looking to develop blockchain applications.
‘Diet Bitcoin’: Brother of Drug Kingpin Pablo Escobar Launches Bizarre ICO, Claims He Met Satoshi

‘Diet Bitcoin’: Brother of Drug Kingpin Pablo Escobar Launches Bizarre ICO, Claims He Met Satoshi

The brother of deceased Colombian drug kingpin Pablo Escobar has created his own cryptocurrency. It’s called Dietbitcoin (DXX), and it’s perhaps even more bizarre than you would imagine. Roberto Escobar, who served more than 11 years in a maximum security prison for his role as an accountant for the Medellin cartel, is launching the coin through Escobar Inc., a private investment company.
THE NSA WORKED TO “TRACK DOWN” BITCOIN USERS, SNOWDEN DOCUMENTS REVEAL

THE NSA WORKED TO “TRACK DOWN” BITCOIN USERS, SNOWDEN DOCUMENTS REVEAL

INTERNET PARANOIACS DRAWN to bitcoin have long indulged fantasies of American spies subverting the booming, controversial digital currency. Increasingly popular among get-rich-quick speculators, bitcoin started out as a high-minded project to make financial transactions public and mathematically verifiable — while also offering discretion.
Trump Prohibits U.S. Purchases of Venezuelan Cryptocurrency

Trump Prohibits U.S. Purchases of Venezuelan Cryptocurrency

President Donald Trump banned U.S. purchases of a cryptocurrency the Venezuelan government is rolling out, as part of a campaign to pressure the government of President Nicolas Maduro. Trump issued an order on Monday prohibiting U.S. citizens from engaging in transactions using the oil-backed currency, called the Petro.
Ether plunges after SEC says “dozens” of ICO investigations underway

Ether plunges after SEC says “dozens” of ICO investigations underway

The price of ether, the cryptocurrency of the Ethereum network, has fallen below $500 for the first time this year. The decline comes days after a senior official from the Securities and Exchange Commission acknowledged that the agency had "dozens" of open investigations into initial coin offerings. The price of ether has fallen 19 percent in the last 24 hours, from $580 to $470.
Animated Bitcoin iMessage stickers are the latest sign you should sell

Animated Bitcoin iMessage stickers are the latest sign you should sell

Investing in bitcoin is complicated, and experts and amateurs alike agree it can be difficult to know when to buy and when to sell.  But sometimes, once in a blue moon, the signs are so unambiguous that they are impossible to ignore. Cryptomoji Animated Stickers for iMessage are one of those signs — and it's screaming "sell" pretty damn loudly. 
Bitcoin exchange reaches deal with Barclays for UK transactions

Bitcoin exchange reaches deal with Barclays for UK transactions

LONDON (Reuters) - One of the biggest bitcoin exchanges has struck a rare deal which will allow it to open a bank account with Britain’s Barclays (BARC.L), making it easier for UK customers of the exchange to buy and sell cryptocurrencies, the UK boss of the exchange said on Wednesday.
Google to Ban ICO and Crypto Ads Starting In June

Google to Ban ICO and Crypto Ads Starting In June

Search giant Google has said it will change its financial product policy in June this year, a move that will see advertisements related to cryptocurrency effectively banned. In a blog post published Tuesday, the firm indicated that it will change its existing financial product restriction list in June this year, blacklisting ad content "including but not limited to initial coin offerings (ICO), ....
Investors bullish on bitcoin now that the 'Tokyo Whale' has stopped selling

Investors bullish on bitcoin now that the 'Tokyo Whale' has stopped selling

News that an influential bitcoin holder is taking a break from selling has added to a bullish case for the digital currency. A trustee of defunct Tokyo bitcoin exchange Mt. Gox sold more than 35,000 bitcoin, worth about $400 million at the time, to pay off creditors, according to details of the sale published by a company trustee last week.
John Oliver and Keegan-Michael Key Remind Investors to Be Careful with Bitcoin

John Oliver and Keegan-Michael Key Remind Investors to Be Careful with Bitcoin

Despite the fact that “discussions of new technology tend to age badly,” John Oliver focused Sunday night’s episode of Last Week Tonight discussing just that. “Technology, the thing that will make television so high def that I will no longer be allowed to appear on it,” he said.


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