NEWS

DApps in Decline As Crypto Markets Extend Losses

You hear it all the time — “decentralized apps (DApps) are the future of the internet and blockchain.” But according to a recently reported statistics, DApps have been slow to garner interest from the average crypto user, like you or I. Decentralized App User Count Plummets 56% Since January’s Highs D...

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  • 8BTC
  • 2018-08-21 17:55:25

P2P Crypto Loan Is Secretly Thriving in China

Startups and P2P lenders are reportedly turning to provide crypto-loan service in the recent sluggish economy. Investors who are urgent for cash could borrow 50%-70% of the total bitcoin value. The past few months saw a spate of P2P platform collapses in China because of tightened regulation and a liquidity crunch, whi...

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Hardly Anyone is Using Bitcoin Cash as 67 Wallets Control 56% of Supply

Bitcoin Cash just celebrated its first birthday at the beginning of August. However, recent reports of low commercial use coupled with an 85% drop in market cap from its all-time high are putting a damper on the party. The Real Bitcoin?  It has been just over one year now since Bitcoin Cash 00 forked from the Bitcoin...

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‘Bitcoin Jesus’ Roger Ver Still Struggling to Bring Bitcoin Cash Forward

Roger Ver, the digital currency enthusiast known as ‘Bitcoin Jesus’ is still struggling to win converts to his preferred coin Bitcoin Cash (BCH), this evident as blockchain analytics firm Chainalysis claims that BCH is barely being used in commerce. Bitcoin Cash Continues to Struggle Chainalysis came to its...

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Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

An energy firm that is publicly traded in Hong Kong and chaired by a Chinese billionaire is planning to rebrand itself as a blockchain company despite having lost millions investing in cryptocurrencies. Called Global Energy Resources International Group, the firm filed a proposal with the Hong Kong Stock Exchange on M...

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U.S. Cannabis Conference and Expo Comes to Miami

The 2018 U.S. Cannabis Conference and Expo will be hosting its first conference in Miami later this week. The conference promises to provide an opportunity for members of the legal cannabis industry to network together and educate themselves about important developments in this fast-paced and ever-changing industry. Al...

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  • 8BTC
  • 2018-08-21 16:36:58

Ant Financial Has Issued 600,000 Blockchain Medical Bills

Alibaba’s payment arm, Ant Financial, joins forces with information security solutions company Aisino Corporation in experimenting blockchain solution in the area of electronic medical bills. And roughly 600,000 blockchain e-bills have been printed and issued to patients over the past two weeks, according to Sina.com. ...

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Bitconnect Exchange Kingpin Who ‘Lured Investors’ Arrested in India

Murkier details of the Bitconnect cryptocurrency scam have emerged as police have arrested the head of the defunct cryptocurrency exchange. [Note: This is a guest article submitted by Bhushan Akolkar] Bitconnect — A Pyramid Scheme of Scams Last Saturday, August 18, Indian authorities arrested Divyesh Darji, the Asian ...

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$24 Million Thai Bitcoin Scam Involves Renowned Investor and TV Actor

Renowned stock exchange investor Prasit Srisuwan claimed to be a damaged party in the case of a $24 million bitcoin scam that victimized Finnish national Aarni Otava Saarimaa. Srisuwan recommended Saarimaa to invest in DNA 2002 Plc shares, a bitcoin-related business, for its high-growth potential. He brokered the deal,...

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  • 8BTC
  • 2018-08-21 15:15:31

Chinese Watchdog Says “Blockchain +AI” Solutions Faces Four Challenges, Still at PoC Stage

The National Committee of Experts on the Internet Financial Security Technology (IFCERT), a Chinese government-backed industry organization, released a report on Monday, analyzing the advantages of the ongoing efforts to combine artificial intelligence and blockchain, as well as the risks. IFCERT points out that AI an...

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