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Cryptocurrency News 2/20/2018

<i>Editor’s note: The following column is written as intentional satire and may or may not have deliberate or undeliberate errors.</i><p>Hey everyone, looks like you get two newsletters today, not because the last one was published late but because I’m the most generous, beautiful person to walk this …

Satire

A Cryptocurrency Pioneer Just Issued a Huge Word of Caution for Investors

Vitalik Buterin, the co-founder of Ethereum, has some advice.<p>The wild swings in the value of Bitcoin and other cryptocurrencies lately should …

Cryptocurrency

Bitcoin Price Steady as Bank of England Exec Calls Cryptocurrency a Failure | Investopedia

Bitcoin’s price held steady in the last 24 hours even as the Bank of England’s governor Mark Carney declared the cryptocurrency a failure.<p>According …

Cryptocurrency

Venezuela’s own oil-backed cryptocurrency is available for presale today

Venezuela launched the presale of its own cryptocurrency, the petro, today. There are currently 82 million tokens available, which the government plans to follow with an initial coin offering (ICO) launch in a month. It’s the world’s first sovereign cryptocurrency, built on the Ethereum blockchain …

Cryptocurrency

Interview: When do regulators take an interest in ICOs? - Orange Silicon Valley

Initial coin offerings introduced a new way for startups to attract investors, but in some ways regulators see familiar patterns — and challenges — …

Cryptocurrency

Tesla's Amazon cloud account was hacked and used to mine cryptocurrency

Tesla's Amazon Web Services account was hacked to mine cryptocurrency, Fortune first reported. The hack, which was brought to Tesla's attention by the cybersecurity startup RedLock, also reportedly exposed some of Tesla's proprietary data related to mapping, telemetry, and vehicle servicing.<p>RedLock …

Anthony Levandowski

Maduro: Digital currency puts Venezuela on tech vanguard

CARACAS, Venezuela (AP) — Cash-strapped Venezuela on Tuesday became the first country to launch its own version of bitcoin, a move President Nicolas Maduro celebrated as putting his country on the world's technological forefront.<p>In its first hours on the market, the so-called petro racked in $735 …

Venezuela

3 Ways to Play Cryptocurrencies Without Buying Them

You don't have to buy bitcoins or other cryptocurrencies to profit from their popularity.<p>There's a good chance you've heard about bitcoin and the …

Cryptocurrency

South Korea won't ban cryptocurrency trading after all

South Korea has been flirting with banning cryptocurrency trading for some time now. However, now it appears the country is backtracking. <i>Bloomberg</i> reports that South Korea's regulators have indicated that they will continue to support "normal" trading of the cryptocurrency.<p>In late 2017, South …

Cryptocurrency

Teenage bitcoin millionaire shares secret to investing

Teenage bitcoin millionaire Erik Finman said the secret to making money is sticking to your investment.<p>Continue Reading Below<p>“I remember when bitcoin reached its peak which was its peak for years—it was at $1,300,” he told FOX Business’ Charles Payne on “Varney & Co.” “Everyone got into it … and …

Cryptocurrency

Investing in cryptocurrencies? Understand how to diversify your portfolio

Most investors will tell you about the importance of a well-diversified portfolio and how you should never go all in on any single asset. This is good advice for most of us and makes even more sense in the unregulated cryptocurrency market, where volatility is high and most of the current projects …

Blockchain

Someone Just Bought $400 Million Worth of Bitcoin

The highest roller in Las Vegas has nothing on Bitcoin’s latest investor.<p>An anonymous trader has sunk $400 million—enough to buy New York State’s …

Cryptocurrency

Atari embraces cryptocurrencies and see its stock prices soar

Atari, the company that dominated the early years of the American video game industry, has fallen on hard times. Despite the company’s storied …

Cryptocurrency

The 5 Big Problems With Blockchain Everyone Should Be Aware Of

Blockchain is often touted as a world-changing technology and in many ways, it is. However, it isn’t necessarily the cure-all panacea for the world’s problems that many evangelists would have you believe.<p>Here’s a breakdown of some of the issues with blockchain that anyone thinking of using it …

Blockchain

There's even more evidence that one type of exercise is the closest thing to a miracle drug that we have

Want an all-natural way to lift your mood, improve your memory, and protect your brain against age-related cognitive decline?<p>Get moving.<p>A wealth of recent research, including a new study published this month in the Journal of Alzheimer's Disease, suggests that any type of exercise that raises your …

The Brain

Why I Won't Buy Bitcoin

I follow the cryptocurrency markets closely, and I've bought bitcoin in the past. However, I haven't owned any bitcoin for more than a year, and while I may have missed out on the huge rally in late 2017, I simply can't bring myself to buy $10,000 bitcoin. Here's why I don't think bitcoin makes …

Cryptocurrency

Bitcoin Prices Will Double in 2018: 'Shark Tank' Star Robert Herjavec

Bitcoin prices have been all over the map (per the usual), but don't think another rally isn't in store.<p>Bitcoin surged as high as $10,293.44 in …

Cryptocurrency

Coinbase admits it accidentally overcharged tons of cryptocurrency buyers

Following numerous complaints from concerned users on Reddit, popular cryptocurrency exchange desk Coinbase has confirmed a bug in its system accidentally resulted in charging tons of its users multiple times for the same purchase – some complained being charged 17 times the original purchase.<p>“We …

Cryptocurrency

How a $20 bitcoin buy led to a multiyear hassle

Commentary: My encounter with a bitcoin ATM four years ago turned $20 into a saga of frustration, forgetfulness and jackpots won and lost.<p>Thunk. That's the sound of bitcoin investors bopping their foreheads on their keyboards through early 2018 as the price of the cryptocurrency plummets (currently …

Bitcoin

What if Crying ‘Bull’ On Bitcoin Stops Working?

With the price of bitcoin crossing $10,000 on Thursday, analysts -- even the ones who are just now beginning to cover the cryptocurrency -- are …

Cryptocurrency

Wall Street Has Solved A Big Problem For Bitcoin

Wall Street has solved a big problem for Bitcoin: market volatility, paving the way for the people’s currency to gain broad acceptance among merchants as a medium of exchange.<p>That’s a bullish development for the “people’s currency.”<p>Starbucks and Dunkin Donuts have been talking about Bitcoin lately, …

Cryptocurrency

This company has filed for more Bitcoin patents than any other

It’s no surprise that cryptocurrency patents have risen at an extreme rate since the inception of bitcoin in 2008. In fact, the long-term chart of …

Cryptocurrency

Paying Your Taxes With Bitcoin or Litecoin May Soon Be a Possibility in This State

This state's Senate just passed a bill that would allow residents to pay their state income tax with "recognized" cryptocurrencies.<p>Though the …

Cryptocurrency

Anonymous trader buys $400 million of bitcoin

Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital …

Cryptocurrency

Ethereum founder warns cryptocurrencies 'could drop to near zero at any time'

The founder of Ethereum, the second most valuable cryptocurrency in the world, has warned that cryptocurrencies "could drop to near zero at any time."<p>To those interested in investing, 24-year-old Russian-Canadian programmer and writer Vitalik Buterin also suggested: "Don't put in more money than …

Cryptocurrency

There Is a Pattern to Bitcoin's Price Movement, and It's Happening Again Right Now

The leading cryptocurrency continues to be a roller coaster as it bounces back from a big dip.<p>Investors and well... humans are constantly seeking out patterns to make sense of both markets and life. And while patterns are always subject to change, Bitcoin has established a pretty clear one over its …

Cryptocurrency

In 10 Years We Won't Have Blockchains

Instead, we may have something that does what a blockchain does, only faster, cheaper and scalable. It'll look more like a graph than a linear chain.

Blockchain

How blockchain is streamlining business operations

Jerry Cuomo, IBM Fellow and VP of blockchain technologies, sees blockchain already coming more and more into play as people demand control of their identities. We are constantly being asked to share personal information in return for accessing places, information, or opportunities to buy or sell …

Blockchain

Tax-Free Ways to Transfer Bitcoin and Other Crypto: Expert Take

<i>In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional</i> …

Retirement

Why Blockchain Is the Best Thing That Happened to International Trade

The extensive acceptance of Blockchain in international trade will help in decreasing the friction in the international economy.<p>Atul Khekade, Early Investor and Ecosystem Developer - XinFin<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You're reading Entrepreneur India, an …

Blockchain