The Raven’s Dispatch – Bitcoin Mining Crash and Burn – 11 January 2019

The Ruthless Bitcoin Mining Industry

And here we thought 2019 was going to bring us riches and glory. It’s OK, nobody is blaming you for sipping on the hopium, it’s only 11 days into the new year. Plenty of time to recover, get things straight and keep on that resolution list (LOL).

But mining looks like it’s taken a turn for the worse. Remember the days when being a Bitcoin miner was about solidarity? About taking it to the man, the system? About being an outsider trying to find a new, better, and more open way to share assets? Ya fuck that. In this world it’s all about the benjamins….errr yuan….errr euro…errrr Bitcoin. Anywho bitcoin mining is now a cutthroat business that is crashing and burning.

So the new year has brought us some sideways movement, which I think we can all agree is welcome. Whatever you call it, it sure as hell beats 2018. Fuck 2018.

Top 5 Crypto

Throughout the first week of the year, most of the coins in the top twenty category according to market capitalization saw green on price analysis charts as investor confidence continued improving in the post fork period.

For a more detailed analysis check out Dennis’s weekly cryptocurrency analysis here.

WHAT’S NEW AT CRYPTO IS COMING

So much content, where to start. Oh I know:

Crypto 2019 – What to Expect – There’s no denying it – 2018 was a rough year for crypto in many respects. Despite the incredible leaps forward made in the technology, much of the mainstream media coverage focused on the price action of Bitcoin only, detailing the dramatic crash from an ATH of around $20,000 to under $4,000 today.

Crash and Burn: The Ruthless Bitcoin Mining Industry – Put it this way – the Bitcoin mining is not for the faint of heart.

Western Union open to Cryptocurrency adoption – two years ago this news would have excited me. I’m so jaded. Global cash transfer giant Western Union has revealed that it is evaluating options for the integration of blockchain technology and Cryptocurrency services to its platform.

Alipay partners with Malaysian bank to enable cross border Blockchain transactions – Alipay is  abig deal in Asia, right? Right?

How Decentralized is Bitcoin Core? – Bitcoin, Bitcoin Core, whatever. When it comes to talking Bitcoin forks, people tend to get heated. It’s a controversial subject in the cryptocurrency space

Are People Still Flocking to Blockchain Jobs – Even amid the so-called “crypto winter”  blockchain has seen rapid growth as an industry, viewed as exciting and innovative by many onlookers.

South African Finance minister announces push for cryptocurrency regulation – South Africa hopped onto the push for a regulated space for cryptocurrency in her economy.

Abkhazia cuts off power supply to 15 crypto-mining farms – We posted a while back how crypto mining was overwhelming Abkhazia’s electrical network. Well, eff those miners.

Will Bakkt Pump Bitcoin? – Lots has been said about BAKKT, but will it really have a positive effect? Bakkt, the futures market for Bitcoin being rolled out by New York Stock Exchange owner ICE, is close to approval from the US government and could change the cryptocurrency landscape in a major way.

BitMex to take over Exchanger cementing grip on the Crypto-industry – Madison Group Holdings, a Japanese wine-manufacturing giant, has teamed up with BitMex, a Japanese cryptocurrency exchanger to acquire majority shareholding in BitOcean- a leading crypto assets exchanger in Japan.

Zilliqa Denies Facebook Rumors – The cryptocurrency community has been quite enthusiastic about a particular piece of news, as it appears as though Facebook might be developing its own cryptocurrency.

InfoSys Exec Believes In Blockchain – Recently, in an interview, the Senior Vice President (SVP) at Infosys, a world-renowned IT company, praised blockchain, and spoke about how 2019 will be a great year for blockchain adoption.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

The Raven’s Dispatch – Elon Musk hackers strike again – Dec 4, 2018

No Elon is not giving away Bitcoin, but he is getting high

Elon Musk high

“psssst hey man, Elon musk here. You want some free bitcoin..No? How bout some Ethereum, I got the good stuff..none of that ETC crap. All you gotta do is send is send me BTC and I’ll send you back more”…….

You gotta hand it to hackers, they are creative. According to reports, hackers involved in the Elon Musk crypto scam have made a comeback. This time, however, they are using spoof version of popular websites. This is a well planned and executed attack so be sure you are on the look out. And if Donald Trump reaches out to you offering Bitcoin, cordially tell him to eff off.

The overall cryptocurrency market only lightly power bombed us dropping from $131bln to $125bln representing a single digit drop of 5% in the past week. Look at what we’ve come to my friends, finding relief in single digit drops. /sigh

Livecoinwatch
Livecoinwatch.com

For a more detailed price analysis check out our weekly piece Cryptocurrency markets weekly analysis.

WHAT’S NEW AT CRYPTO IS COMING

When to Buy Bitcoin: A Guide to Stacking Satoshis – When it comes to investing in Bitcoin, there are a couple of popular strategies to follow. In the end, you may find that a combination works best for you.

Leading Indian Business School Uses Blockchain For Certificates – A leading Indian business school has issued over 1,000 certificates to students using blockchain technology. The certificates are live on the Ethereum blockchain, for authentication for prospective employers or other organizations.

Elon Musk Hackers Are Back With A Different Scam Strategy – Hackers are using spoof version of popular websites to show pop up ads that are claiming to give free Bitcoin and Ethereum.

Ohio Loves Bitcoin And Blockchain – Startup invests millions into blockchain – Ohio startup accelerators seek to attract blockchain companies by offering millions in funds, hoping that it will revitalize neighborhoods that need it the most.

Interview With Cryptocurrency Analyst Murad Mahmudov – To get a unique, expert insight into the current state of the cryptocurrency space, CryptoIsComing spoke to Princeton graduate Murad Mahmudov, a cryptocurrency analyst, economist, and angel investor working in crypto.

ICO Venture, Evion, shut down by Swiss Court – The cantonal court of Zug Switzerland has shut down cryptocurrency mining firm Envion AG for an allegedly floating an unauthorized Initial Coin Offering (ICO).

Andreessen Horowitz-backed Harbor Launches Tokenized Securities Platform With $20M Sale – Recently, Harbor, a blockchain startup focused on tokenizing securities, such as real estate, fine art or private equity, launched its initial offering – the sale of a $20 million students dorm near the University of South Carolina.

Hardware Wallet Review: Trezor Model T vs Nano Ledger S – You really can’t be too careful when it comes to storing cryptocurrencies. One of the main ideas behind the crypto movement is individual financial freedom and responsibility. Of course, freedom and responsibility are a two-way street, aren’t they?

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

Bitcoin is down more than 80% from last year’s high, nearing its worst-ever bear market – O’ Rly? The last time we had a crypto winter like this? 2010.

Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say – Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite the cryptocurrency’s dramatic plunge over the past year.

Behind Coinbase’s quiet roll-out of OTC crypto trading this month – Bet ya didn’t see that coming. Me neither.

Crypto Exchange Giant Binance Creates Combined Stablecoin Market – Binance, which is the top exchange by volume – doing nearly twice the 24-hour volume of its nearest competitor at time of writing – has announced that it is creating a new unified stablecoin market.

SEC Fines Floyd Mayweather And DJ Khaled For Illegally Promoting A Fraudulent ICO – The SEC has fined two celebrities for failing to disclose payments they received for promoting initial coin offerings (ICOs).

American Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining – U.S. technology giant Intel has filed a new patent for “energy-efficient high-performance Bitcoin mining,” according to a U.S. Patent and Trademark Office (USPTO) filing published Nov. 27.

r/Bitcoin reaches 1 million subscribers on Reddit – Now if only we could get 5,000 newsletter subscribers…mmmmmmm

rBitcoin 1mil

Homeland Security Wants to Track Your Privacy Coins – The effing feds. Am i rite? The U.S. Department of Homeland Security wants to know whether there is a way to track privacy coins that could be used for criminal activity.

Binance’s future plan: Binance Chain that hosts millions token creation – Binance’s CEO, Chang Peng Zhao, or more familiar as CZ revealed his company future plans to support the development of blockchain technology.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

The Raven’s Dispatch – 27 Nov 2018 – Buy when there’s blood in the streets

Even if the blood is your own

Shining Blood Cryptocurrency market

Wise advice, Baron Rothschild. It’s too bad the vast majority of us spent our remaining fiat buying the f*%king dip in February, April, June, August, and so on. If you are not tapped out and have patiently waited as this bear market dragged everyone else down, well done. You are in a prime position to reap the rewards of what could be an epic change in trend. Either way the worse off things are in the crypto market, the greater the opportunity for profits.

The overall cryptocurrency market continues to drop kick everyone in the face dropping from $147bln to $122bln representing a another double digit drop of 17% in the past week. Serenity Now!

Top 4 crypto marketcap

Bitcoin (BTC/USD): Bitcoin, almighty influencer of other cryptos, was down by 36% throughout the week. This being the worst weekly in five years for the leading cryptocurrencies with regards to market capitalization.

This loss is the worst weekly loss since the second week of April 2013. It also dropped a further 10% on Sunday. The coin opened trading at $5553 and closed at $3520, translating into a 36% loss. Analysts predict that the digital coin may be headed for its worst loss since 2013 where prices nose-dived from $165 to $91, representing a 44% loss.

Ethereum (ETH/USD): Like Bitcoin, Ethereum took a severe dip, with prices pushing downwards. The $100 level was constantly tested although it was not breached. Prices hit a high of $ 177.18 and low of $110.83. Volatility, nothing to see here. Move along, move along.

Ripple (XRP/USD): The altcoin solidified its grip as the top rated crypto after Bitcoin. This was due to Ethereum’s woes. The pair hit a high of $0.5101 and a low of $0.3673 as its stellar performance continued despite taking a loss as was with the case with most other alt coins.

More at our Weekly Cryptocurrency markets analysis here.

WHAT’S NEW AT CRYPTO IS COMING

VanEck Subsidiary MVIS Launches Bitcoin OTC Spot Index – In a Nov. 20th press release, Frankfurt-based MV Index Solutions announced the launch of its new Bitcoin index, MVBTCO. The company hopes to bring crypto trading to the next level by providing the first index based on US price feeds.

Hacker arrested for stealing crypto-assets worth $1 Million in ‘SIM Swapping’ scam – Nicholas Truglia, a 21 year old man, has been arrested after he was identified as the hacker behind multiple ‘SIM Swapping’ hackings. SIM swapping is a mode of hacking in which the hacker takes over a phone number by duping wireless carriers, then uses that information to access and drain cryptocurrency accounts.

Three Bulgarians arrested over crypto theft worth $ 5 Million – Gendarmerie forces, a policing wing of the Bulgarian judiciary, have arrested three suspects alleged to have been involved in stealing $5 million in cryptocurrency. They are alleged to have hacked into digital coin wallets through ‘sim swapping.’

How USI Tech Pulled off One of the Largest Crypto Scams – A ponzi scheme in Crypto….SURPRISE! Not. USI Tech (United Software Intelligence Technology) is a company that claimed to develop the world’s first automated trading platform for Bitcoin (BTC). After some time, the public began to increasingly suspect that USI Tech was really a Ponzi scheme.

Fake “One-To-One” Trezor Wallet Copies Flood the Market – On Nov. 19th, Satoshi Labs, the company behind the hardware cryptocurrency wallet Trezor, published their insight into new illegal activities involving the theft of cryptocurrencies from unsuspecting victims using a Trezor. TL;DR: Buy your Trezor from official outlets.

Blockchain is Outpacing The Internet – One important milestone we think should be common knowledge is that blockchain tech is actually outpacing the internet in terms of the speed of its development – here’s why that’s important. Want to know more? Click on!

North Korea Announces International Cryptocurrency Conference – Come to N. Korea for the crypto, stay for torture and labour camps. Where do I sign up?

Initiative Q – The Next Bitconnect? – If you’re a social media user, you’ve probably come across Initiative Q by now. The well-marketed pseudo-cryptocurrency has taken social media by storm and shared by millions people around the world with promises of a financial revolution and, better yet, free money. ” Hey hey Heeeeeeeeeeeeeeeey!”, anyone?

Adult Entertainment and its love affair with cryptocurrency – Porn loves crypto, and we love porn back.

3 Thai siblings deny Bitcoin-related money laundering scheme – Actor Jiratpisit ‘Boom’ Jaravijit, 27, and two of his siblings pleaded ‘not guilty’ to charges of money laundering at the Criminal Court in Bangkok. The actor, his brother and sister are embroiled in a money laundering scheme in which they are alleged to have swindled a 21 year-old Finnish investor off 797 Million baht ($27 Million) in Bitcoin.

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions – The firm filed for Chapter 11 bankruptcy at a court in the Eastern District of Washington on Monday.

Cryptojacking Malware on Make-A-Wish Foundation Website – Hackers have infected the website of global non-profit organization the Make-A-Wish Foundation with cryptojacking malware, according to a report by cybersecurity firm Trustwave.

ICE Postpones Bakkt’s Bitcoin Futures Launch To January 2019 – The operator of the New York Stock Exchange (NYSE) is delaying the launch of its bitcoin futures platform until January, 2019.

Wall Street’s crypto bull Tom Lee slashes year-end bitcoin price forecast nearly in half – Tom Lee, co-founder of Fundstrat Global Advisors, lowered his year-end target to $15,000 from $25,000 — still well above where the cryptocurrency was trading on Friday.

Bitcoin-Rigging Criminal Probe Focused on Tie to Tether – As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether — a popular but controversial digital token.

Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say – Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite the cryptocurrency’s dramatic plunge over the past year.

600K Bitcoin Miners Shut Down in Last 2 Weeks, F2Pool Founder Estimates – Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, according to the third-largest mining pool.

BitMEX Report: Twelve $50+ Million ICOs Haven’t Released Tokens (Yet) – Stiiiiill waiting on them tokens…..Still waiting..

Accounting Firm Attests Circle stablecoin is Backed 1:1 by USD – Wow a truly stable and transparent stablecoin? Tether could learn a thing or two.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

The Raven’s Dispatch – Nov 20, 2018 – Bitcoin and Crypto on the ropes

Bitcoin on the ropes, fighting spirit broken?!

Anyone telling you how AWESOME 2018 is can go straight the f*#k back to whatever hole they crawled out of. 2018 has been the pits. But the amazing thing about being down is that we normally get up. And we all know BTC is the champ, and we know the champ ALWAYS has gas left in the tank. If humanity could survive the Spanish Flu epidemic of the 20th century, so too can Bitcoin survive this mild yet annoying 2018.

We are back from a brief hiatus and are totally ready to get you back into the crypto mix with news, price analysis and interesting articles from around the internet! (Read: I took a vacation and frankly preferred not to interact with the insane crypto posse <3).

The overall cryptocurrency market keeps punching us in the gut dropping from $211bln to $153bln representing a vertigo inducing 27% drop in the past seven days. The Bitcoin Cash shenanigans did not help.

livecoinwatch Top5 Nov 20
WTF RIPPLE

BITCOIN (BTC/USD): The strongest digital coin by market cap veered off from stability following the BCH fork meltdown which saw it lose 10%, breaking the $6000 support level. Throughout the week, the coin hit a high of $6434.21 and the low point of $5358.38.

Ripple (XRP/USD) overtook ETH in market capitalization: XRP moved to second place as Ethereum took a beating. On the top, this week the prices of XRP were at USD 0.525536 and towards the bottom, it quoted USD 0.430398. Ether prices took a beating and lost its long-standing second place to XRP.

Bitcoin Cash (BCH/USD): The crypto everyone loves to hate. On November 14 BCH  split in two; BCH ABC and BCH SV. The fork led to a break of the recent stability, with most cryptos taking a 10% drop.

For a more detailed analysis check out our Weekly Cryptocurrency markets analysis here.

WHAT’S NEW AT CRYPTO IS COMING

Kriptomat Exchange ReviewKriptomat is a crypto-trading and e-wallet service officially licensed to operate within the EU. The exchange now offers 17 crypto-to-fiat pairs and also support over 20 languages. Need help in Spanish? No pasa nada. Don’t know how to deposit cash? N ie ma problemu. Enjoying a stroll along the Hungarian part of the Danube? Megkaptuk. Kriptomat has you covered.

The cryptocurrencies currently on offer are Bitcoin, Ethereum, Litecoin, Augur, Gnosis, 0x, OmiseGO, Enjin, Status, SunContract, Metal, Civic, Request Network, FunFair, PropyDash, Litecoin and Loopring. And guess what, all of these currencies can be traded against the Euro. Check out our full review of Kriptomat.io here. Sponsored.

Weekly Cryptocurrency markets analysis: November 11 to November 18 – Our weekly price analysis of crypto. This week was characterized by fundamental news of: The Bitcoin Cash Fork disagreement which brought the markets down and Ripple overtaking Ethereum to become the second top digital coin by market capitalization.

Japanese Insurer acquires 10% stake in African-based Bitcoin firm Bitpesa – Japanese based Sompo Holdings Inc. has partnered with Bitcoin remittance firm Bitpesa in a 570 Million Yen ($5 Million) deal. The partnership is aimed at increasing crypto-related fiat remittances between the U.K. and Kenya.

New York City Department of Financial services issues 14th BitLicense – What did I tell you about institutional investment. Foundations are being layed. The application had been filed by a subsidiary of NYDIG LLC- NYDIG Execution LLC. The latter company has been granted licensing for the operation of a virtual currency and money transmission service.

Voting With Blockchain – Pros and Cons – A lot has been said about using the blockchain to solve the worlds problem, but can it truly help when it comes to voting? Conor takes a closer look at the pros and cons of Voting With Blockchain.

The VanEck Bitcoin ETF – One day, Crypto is Coming, one day we will get an ETF! We’ve discussed the possibility of a Bitcoin ETF in the past and the doors such a tool could open (and close) for the crypto space. VanEck is an investment management firm headquartered in New York and founded in the mid-fifties. Will they be the first Bitcoin ETF?

Greece Supreme Court accused of blatant violation of accused’s rights – All Alexander Vinnik wanted to do was sell you crypto. Now he is the subject of an extradition battle between a few countries.

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

Headmaster Fired for Stealing School’s Electricity to Mine Crypto – Sneaky bastard. Can’t blame him though, can we? I mean being in the education sector is guaranteed to drive you into poverty.

A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours – The year 2018 was the year of crypto……Said no one ever.

First Russian grain cargo traded using blockchain – The first physical trade of a wheat cargo in the Black Sea using blockchain technology was recorded on Monday in the latest step towards broader adoption of the digital ledger in agricultural trade.

Bloodbath Continues as Crypto Markets Collapse 33% in a Week Losing $70 Billion – Oh come on man!

[PSA] Non-genuine Trezor One devices spotted – Trezor has issued a warning of one-to-one copies of Trezor appearing on the market. This is clearly a fake. Don’t buy devices from unapproved resellers. Check for differences in packaging. Avoid steeply discounted Trezor wallets.

OKEx Pushes Back Against Manipulation Claims – OKEx will not let you smear it’s good name! Things are getting testy and OKEx is strarting to pushback. SAUCY!

Iran Close to Shifting Rial to Digital Currency Due to Sanctions – Iran is about to launch its Rial digital currency, which is being developed by the Informatics Services Corporation. According to the agency’s CEO, Seyyed Abotaleb Najafi, the coin will support Iran’s fiat.

Microsoft Releases Cloud-Based Azure Blockchain Development Kit – American software corporation Microsoft has released a serverless blockchain-powered Azure development kit, according to an announcement published Nov. 15.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

The Raven’s Dispatch – Aug 30, 2018 – Binance LCX, a Game Changer

Game Changer: Binance and LCX Crypto Exchange Joint Venture

Nobody puts Baby in the corner. Since it’s inception in 2017 Binance has dominated the crypto exchange world. Binance reached the highest volume of any exchange just six months after launch and valued at almost $2 billion within the same time frame. Crazy growth.

And the story doesn’t end with massive volume, it continues with Binance expanding with international initiatives in Bermuda, East Africa (Uganda), Malta and now Lichtenstein. The successful joint venture of Binance and Liechtenstein Cryptoassets Exchange (LCX) heralds the launch of a fiat-to-crypto exchange: Binance LCX. This, ladies and gents, is a game changer. For in depth understanding of the venture check out our latest piece here.

The overall cryptocurrency market has shown strong signs this past week growing from $216bln to $232bln representing a 7% increase. If you are on Crypto Twitter then then you may attribute this to crypto twitter personality Romano recently eating a$$. Or it could just be that the bears have lost steam (I prefer the former explanation). Could the bear market be coming to a close? Along with bitcoin the top 5 (and top 100) also surged as evident from belows screencap from Livecoinwatch.

Live Coin Watch

Bitcoin (BTC): Never a dull moment in the crypto market. If you wan’t peace, head over to the stock markets. We be riding a ragin’ bull here. Week to week we experienced a very nice bump in price returning to $7,000 and settling on $7,065 as of this post. This represents 5.7% growth. We’ve been in this bear market for 8 months, are we seeing a turnaround?

Ethereum (ETH): Showed more sideways movement compared to Bitcoin but positive nontheless. ETH has taken a beating since July so any news that is positive is good news. ETH currently sits at $281 as of this post experiencing a slight increase of 3% week to week.

Neon Exchange (NEX): NEX, also known as Neon Exchange, is a platform for payment services and decentralized crypto trade. NEX aims to combine the performance of centralized exchanges with the trust and security features of decentralized exchanges.

What makes NEX different from other DEXs? Crypto enthusiasts are all looking forward to a day when one can have cross-chain transactions. Imagine sending bitcoin tokens to an Ethereum wallet. Well, NEX is bringing that reality closer by allowing trades between Ethereum networks and tokens based on the NEO platform. It’s apromising project which recently announced their Public ICO.

If you are interested in to learn more about NEX check out our what is guide here for more details.

WHAT’S NEW AT CRYPTO IS COMING

What is Ethereum’s Casper update? – Casper is Ethereum’s chosen Proof of Stake protocol, headed up by team leader Vlad Zamfir. The protocol implements a process the dev team claims can punish malicious elements.

Singapore teams up with Deloitte and NASDAQ to develop blockchain technology – In a remarkable development the Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) has announced that they will launch a collaborative effort to develop a hi-tech Delivery versus Payment (DvP) platform.

What Will Bakkt Do For Crypto? – The Intercontinental Exchange, operator of the world’s largest stock exchange, launched Bakkt, a global cryptocurrency platform allowing private and institutional investors alike to buy, sell, store, and spend digital assets like Bitcoin. The crypto market cap is about to explode. Yippee ki-yay.

What Is Bitcoin Second Layer Rootstock (RSK)? – Rootstock is an open-source smart contracts platform that allows seamless DAPP development and more miner rewards through merge-mining. At the foundation, RSK will be a scalability solution to Bitcoin.

Crypto Transactions in Russia Might Have to Be Reported Very Soon – A government official has proposed a law which would force Russians to report any crypto transactions above $9,000. The parliament has now to decide how to proceed next.

UBS Bullish on Blockchain, Bearish on Bitcoin – Don’t tell that to the bulls trying to turn around the market. CEO of Swiss investment banking giant UBS, Sergio Ermotti, came out with a bold claim recently. He said that blockchain was “almost a must” for business.

Samsung SDS launches blockchain-powered banking certification platform – Samsung SDS, a subsidiary of South Korea’s largest IT company, has announced that it has created a banking certification platform called ‘BankSign’ based on blockchain technology.

Hong Kong immigration policy to attract Distributed Ledger Technology talent – The latest immigration policy is a testament to Hong Kongs efforts to attract distributed ledger technologies (read: Blockchain) expertise to their market.

Cryptocurrency Demand Remains High in the Malaysian Markets – Asia and the Pacific are well on their way to accepting crypto (no matter how hard China tries to shut it down). The Malaysian cryptocurrency markets remain strong despite the massive decline in price throughout the year.

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

A Programmer Ate Ass to Save Cryptocurrency – Cryptocurrency prices are down, so a developer met up with cryptocurrency enthusiasts and adult film performers Brenna Sparks and Bobbi Dylan to eat some ass and save the market.

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Now Tradable On Yahoo Finance – Cryptocurrency adoption has gotten a new dimension now that Yahoo Finance has integrated the buying and selling of Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform.

SEC Taking Second Look at Nine Bitcoin ETFs that were Denied Wednesday – One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. That pain you feel in your neck, don’t worry it’s only whiplash.

‘Bitcoin should not EXIST!’ Wolf of Wall Street baffled by price rise – warns of ‘scam’ – Classic example of the Pot calling the Kettle black. The Wolf of Wall Street Jordan Belfort hit out at the cryptocurrency and said investors are “brainwashed”.

China’s Search Giant Baidu to Censor Crypto Discussion – The great crypto firewall of China is real. Baidu has recently started censoring cryptocurrency-related discussions on its online forums. The search giant’s move is in line with China’s crackdown on cryptocurrencies.

Coinbase UK CEO Explains Why a Lack of Regulation is the Biggest Problem Facing Cryptocurrency – Zeeshan Feroz, CEO of Coinbase UK, spoke with CCN recently about the recent developments in the cryptocurrency exchange industry and the space as a whole.

Ethereum (ETH) Wale Moves 20,000 ETH Tokens Worth $5.5 Million to Bitfinex – An anonymous individual considered to be one of the very first Ethereum investors has moved approximately 20,000 ETH coins to Bitfinex.

Tom Lee Remains Firm on His $20K BTC Target, VC Anthony Pompliano Predicts Downfall – Bears vs Bulls…FIGHT! Popular crypto analysts Tom Lee and Anthony Pompliano share contradictory views on when Bitcoin is headed next. Take a look at what they have to say.

India’s Central Bank Sets up a Blockchain Unit – The new department will work to strengthen the knowledge of the Reserve Bank of India on new and emerging financial technologies.

Gossip Mag Claims Bill Cosby is Using Bitcoin to Hide His Fortune [He’s Probably Not] – An online gossip magazine claims to have insider information that disgraced actor Bill Cosby is using bitcoin to try to conceal what remains of his fortune from his creditors.

Four out of five executives surveyed by PwC report blockchain initiatives underway – 84% of executives surveyed by PwC report blockchain initiatives underway – 15% fully live. The new research from PwC surveyed 600 executives in 15 countries and territories, on their development of blockchain and views on its potential.

New Data From CFTC Shows Bearish Bitcoin Futures Are on the Decline – Bearish positions for non-commercial contracts of Bitcoin (BTC) futures are on the decline, according to the latest Commitments of Traders (COT) report released by the U.S. Commodity Futures Trading Commission (CFTC) August 24.

Ripple CTO: XRP More Decentralized Than Bitcoin (BTC) And Ethereum (ETH) – Oy vey. “Bitcoin and Ethereum are currently viewed as the gold standard for decentralization…Since these blockchains are considered decentralized, then by design, the XRP Ledger is also — if not more so — decentralized than both Bitcoin and Ethereum.”

World Bank launches world-first blockchain bond – The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices.

Thanks for joining us this week. If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

Follow us on twitter @cryptoiscomin

Like us on Facebook

Visit our crypto swag store on Teespring

Crypto Meme