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The World Celebrates the 8th Anniversary of the First Bitcoin Transaction: Buying Two Pizzas

The crypto-community celebrates the 8th anniversary of the first commercial transaction in which Bitcoin was used as a real-world currency to pay for an item. Two Pizzas for 10,000 Bitcoins On 17 May 2010, computer programmer Laszlo Hanyecz posted on the Internet a request to buy a pizza paying with bitcoins. A few days later, Hanyecz was successful. He bought two pizzas for 10,000 bitcoins from Jeremy Sturdivant, whose username was “jercos.” On May 22,

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Verge (XVG) Hacked Again, 35 Million XVG Tokens Reportedly Generated by Hacker

It appears Verge has suffered another hack, barely one month after the previous attack. According to reports filtering in on online crypto forums, the attackers seem to be using pretty much the same tactics at the last time. Hacker Used Modified Version of the Previous Attack Vector According to Bitcointalk user “Ocminer,” the attacker used a modified version of last month’s attack vector to spoof the blockchain. Instead of one algorithm, the hacker used two

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Satoshi Nakamoto is Female: Women in the Cryptocurrency Industry

Is ‘Satoshi Nakamoto’, the mysterious, anonymous creator of Bitcoin the original cryptocurrency, actually a woman? In 2008 Nakamoto authored the white paper describing the most famous crypto, from which all other cryptos have spawned. In a community and industry dominated by men, the statement “Satoshi is a female” – a theory promoted by New York Congresswoman Carolyn Maloney at the Women on the Block event in Brooklyn on May 13 – is extremely provocative. To

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OPEN Announces Partnership with Kucoin

The success of OPEN’s private sale (to the tune of $250M+) was exciting, but they are aware that many members of the OPEN community were unable to participate and it was important for them to provide the community an opportunity to support OPEN as soon as possible. OPEN, with the support of their community and the backing of top-tier partners (Danhua/DHVC, Draper Dragon, Sora, and NEO), is proud to announce a new partnership with KuCoin!

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Argentina: Bank Ditches SWIFT For Bitcoin In World Payments First

A bank in Argentina could soon become the first in the world to begin using Bitcoin for customers’ international remittances. Service Highlights ‘No Intermediaries’ The initiative, which Banco Masventas (BMV) launched May 22nd, is the result of a partnership with local blockchain financial services startup Bitex. Once payments begin being sent, BMV will likely become the world’s first banking institution to actively leverage Bitcoin as an international payments standard. The move is a conspicuous move

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Operation Cryptosweep: Cryptocurrency Scammers Beware

A joint force, comprised of regulatory bodies from the U.S. and Canada, has announced that they will be facing cryptocurrency scams head-on and will investigate companies which do not practice the best principles. Coming Together to Form ‘Operation Cryptosweep’ The Texas State Securities Board has just announced that they have joined a joint American and Canadian force to help combat fraudulent cryptocurrency-related operations. The TSB will be one of the force’s 40 organizations, which originate from

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4 Reasons for Bitcoin’s Price Volatility

It goes without saying that the Bitcoin price index has been on a rollercoaster ride, especially in Q4 2017 and Q1 2018. Why such extreme volatility? Here are four possible culprits contributing to the wild price swings. At this time last year, Bitcoin was trading at a price slightly higher than $2,000, according to CoinMarketCap. By the end of 2017, it had reached its all-time high (ATH) of around $20,000 and a market cap of

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How to Successfully Use Telegram to Build a Strong Crypto Community

Recently, there has been a lot of interest and growth in the cryptocurrency industry. Institutional and retail investors are becoming more invested and involved in the blockchain and crypto space. In 2017, The number of blockchain wallets increased by 85%, Bitcoin’s prices increased by 1300%, and big money became interested in the emerging asset class of cryptocurrencies. There are millions of crypto investors worldwide… and their communication platform of choice is Telegram. Why Telegram? Telegram

The post How to Successfully Use Telegram to Build a Strong Crypto Community appeared first on Bitcoinist.com.

Book Your Flight with Ripple (XRP) and Litecoin (LTC)

American-based aviation company TapJets will move to assess the potential for adding XRP and LTC to its fleet of payment options while dropping Verge (XVG) after a 3-day Twitter poll. TapJets provides quick private jet bookings and also accepts Bitcoin.  Back on May 15th TapJets, an American-based aviation company, launched a Twitter poll, asking the crypto community which virtual currency should be added as means of payment to their platform. Our #cryptocurrency friends asked for

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Blockchain on the Rise in 2018 Despite Crypto Price Decline

2017 was a stellar year for crypto prices and ICO earnings. The astronomic climb in bitcoin prices and the millions of dollars raised by numerous ICO projects stole most of the headlines. In 2018, crypto prices have taken a hammering but blockchain, the underlying technology appears to be flourishing. Major Corporations Embrace Blockchain Only a few notable figures in the finance world dismiss both bitcoin and blockchain. Many identify with blockchain technology even if they

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