On September 7, for the first time, the Swedish capital will host a large conference dedicated to blockchain technology and cryptocurrency – Blockchain & Bitcoin Conference Stockholm.
![]() Managing a cryptocurrency mine is a complex and time-consuming endeavor. To ensure profitability, a delicate balance of performance, stability, and energy consumption must be maintained—a task which requires careful optimization of dozens of operating parameters. Thanks to easyMINE, however, the entire process may soon be completely automatic. ![]() Often described as the "ringleader" of a controversial plan to fork the bitcoin blockchain, mining pool ViaBTC is speaking out against the idea that it's the driving force behind a bitcoin alternative called Bitcoin Cash. A fork of bitcoin that would create a new network with new rules, Bitcoin Cash is notable in its rejection of code changes favored by other developers to boost the network's transaction capacity. ![]() CoinDirect.io, an open source platform disintermediating the gambling industry, will use the blockchain technologies of Bitcoin, Ethereum, and Bitshares to offer transparent and decentralized solution for a heavily regulated market. CoinDirect aims to help existing casino networks save millions, as their solution offers complete transparency, reducing compliance costs and the need for regular auditing. Other main advantages of the platform include instant transactions, direct money transfers from player to player, no risk of frozen funds by the casino and very low gambling fees. ![]() Kraken has issued a warning to margin traders in its official Bitcoin Cash statement, saying they should prepare for “extreme volatility.” Joining the list of exchanges set to interact with the BCC fork and credit user accounts with equal amounts of BTC and BCC, Kraken nonetheless advised considerable caution during the forking process itself. “[...M]argin traders should plan for the possibility of extreme volatility and unfavorable forced liquidations surrounding the fork,” it wrote yesterday. ![]() W3C: A Payment Gateway and Merchant Settlement Services for Instant, Secured Global Payments Abstract W3C is a cryptography-based digital coin and payment gateway introduced to the market in 2017 to serve as a fully functional currency and alternative to cash and brick-and-mortar banking payment system. W3C expects to gain significant international market share through a retail e-commerce delivery platform, coin trading and bulk remittance activity. ![]() John McAfee has made a bold state regarding bitcoin, claiming that each unit will be worth $500,000 in three years time. As a cybersecurity and software pioneer, McAfee is a name known inside and outside of the digital currency space. Last year the former programmer for NASA stated that he got involved with the digital currency because it will eventually become ‘the standard for the world.’ Now, though, in what may have been a marketing tactic designed to grab the community’s attention, McAfee took to social media to predict what he thinks bitcoin’s worth will be in three years time. ![]() An Indian state government and payments giant Mastercard are among 34 new additions to the Enterprise Ethereum Alliance (EEA), which now sees over 150 members – making it the world’s largest blockchain consortium. Founded by an initial 30 members in February 2016, the Enterprise Ethereum Alliance (EEA) is a working group of companies, organizations and Ethereum development startups aiming to leverage open-source Ethereum technology for enterprise blockchain solutions. Bitcoin is on the road to increasing its capacity – but it's not there yet. Despite the claim bitcoin has been upgraded to support Segregated Witness-style transactions, there are more steps that need to occur before its distributed network can process additional data. In fact, due to the complexities of keeping bitcoin's distributed network in unison, the change might not take hold until late August.
![]() Musiconomi, a blockchain-based ecosystem for the music industry, is holding a crowdsale on July 28 to August 28 to raise $18 million. It uses smart contracts to distribute compensation to artists each time a song is played. A total of 100 million tokens, called MCIs, will be distributed in the crowdsale, which will have a minimum threshold of $6 million. The token will grant users access to different tools within the platform. Musiconomi marks the second startup to pass through Cofound.it’s crowdsale incubation program and will leverage its Priority Pass mechanism as a part of the sale. ![]() Indian IT and services industry trade association NASSCOM has set up a special interest group for blockchain technology in the country’s capital, Delhi. The new special interest group, named Blockchain SIG, will both educate and inform the public about blockchain innovation, while working on different use cases for the technology in both finance and non-financial industries, according to the Economic Times. ![]() The London Stock Exchange Group (LSEG) recently partnered with IBM to build a blockchain solution to digitally issue private securities of small and medium-sized enterprises (SMEs) in Europe. The new platform’s goal is to help simplify tracking and managing shareholder information by storing it all on a distributed ledger, effectively opening up new opportunities for trading and investing. The blockchain-based platform is currently being built and tested by the LSEG’s Italian exchange operator, Borsa Italiana. It will allow SMEs in Europe to replace spreadsheets and paper-based records, in which each party often has its own version of the information, for easily accessible information that can’t be altered on the blockchain. This will, in turn, allow companies to provide more transparency and ownership. ![]() Bitcoin continued its rebound today, gaining 7.6 percentage points in the last 24 hours, heading for its June highs, having seemingly overcome fears about the impending August 1 hard fork. The $2,595.37 price earlier today gave bitcoin a $42 billion market capitalization. Today’s bitcoin gain brings a hefty recovery to Sunday’s recent low point at $1,931. Bitcoin’s market cap has gained 30% since Sunday’s $31.77 billion figure. The market cap was close to $50 billion in mid-June when the price was near $3,000. A "critical" vulnerability in Parity Wallet's variant of the standard multi-sig contract has resulted in 153,000 ETH, equivalent to approximately $31 million, being stolen from several projects, including Edgeless Casino, Aeternity, and Swarm City.
Invest.com’s prediction market product Stox will launch a token sale using Bancor’s smart token protocol, TechCrunch reports. The funds raised will be used to develop the Stox open source, Ethereum-based prediction market platform, and increase the Stox marketing and sales groups.
Although Wall Street pundits and big bank proofs-of-concept often steal the bulk of the attention, they're not the only global groups with an interest in blockchain technology. In fact, behind the scenes, the world's largest and most influential non-profits and multilateral organizations are turning to blockchain solutions as a way to improve social and economic outcomes in the developing world.
![]() Today’s bitcoin gain brings a hefty recovery to Sunday’s recent low point at $1,931. Bitcoin’s market cap has gained 30% since Sunday’s $31.77 billion figure. The market cap was close to $50 billion in mid-June when the price was near $3,000. Bitcoin is leading a crypto market rebound, as most cryptos are on an upward trend. Billion-dollar cryptos Ethereum, Ripple and Ethereum Classic were exceptions, posting losses under 1 percentage point. After a daunting weekend in which the value of cryptocurrencies cratered to levels not seen in months, 48 of the top 50 tokens are posting press-time gains.
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