Small Bitcoin Fee: Only 10 Cents for $194 Million on the Bitcoin Network

According to sources, on October 16th, a Bitcoin user managed to transfer 29,999 BTC with a transaction fee of only $0.10. This amount of Bitcoin equates to $194 million, and a transaction of this magnitude would usually incur bank fees in the tens of thousands of dollars. With such a small Bitcoin fee for such a large transaction, will we see widespread adoption for big over-sea payments?

Small Bitcoin Fee

Bitcoin transactions are a funny one. Often, complaints roll in by the dozen about the cost of transaction fees because to clear a transaction on such ...

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Ethereum (ETH): Ethereum Foundation Hands Out Over $3 Million in Awards

The Ethereum (ETH) Foundation has just announced its fourth set of grants given out to 20 individuals and groups working on the Ethereum blockchain.

[Blog] Ethereum Foundation Grants Update – Wave IV #ethereum #grants https://t.co/Xw39mmIX93 pic.twitter.com/gu0csjFlNk

— Ethereum (@ethereum) October 15, 2018

Ethereum (ETH) Grants

According to the official press release, the total amount of the fourth round of awards was just over $3 million USD.

>> TRON (TRX) ‘Partnership’ with Baidu has Nothing to Do with Blockchain

In the announcement, the Ethereum Foundation expresses its ...

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Top Coins Today: Tezos and DigixDAO Lead the Pack

According to coinmarketcap.com, there are two top coins today.

In the top 100, leading the pack and standing out for their double-digit gains are Tezos and DigixDAO.

In 24 hours, both coins have increased almost 17%. So what’s going on with these two?

Top Coins: Tezos and DigixDAO

This morning, Tezos began listing on European exchange Kraken. The news has seen the coin increase nearly 17% in the 24-hour period.

That is some gain.

The 18th largest coin by market cap, Tezos (XTZ), began trading at 11:00 ET. ...

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TRON (TRX) ‘Partnership’ with Baidu has Nothing to do with Blockchain

The TRON (TRX) and Baidu ‘partnership’ all started with a tweet.

Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name 😊#TRON #TRX $TRX

— Justin Sun (@justinsuntron) October 12, 2018

TRON’s founder, Justin Sun, is notorious for vague ‘pump’ tweets and this one was no different. TRON’s ICO ended at the beginning of Sept 2017, and that’s when the “wait for our next big partnership that’s coming soon” marketing tactic began. In the beginning, it was effective. Sun would post a tweet of ...

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World Crypto Con: Get Ready for WCC with Us!

Welcome to World Crypto Con!

World Crypto Con, or WCC, is an opportunity for industry leaders to share their exciting new crypto and blockchain projects to the world.

People who have an in-depth understanding of blockchain and cryptocurrencies, as well as those who are clueless, can learn something at WCC.

Welcome to a new way to look at cryptocurrency.

World Crypto Con will be running from October 31st to November 2nd in wild Las Vegas, Nevada, at the Aria Hotel and Casino. With over 75 keynote speakers and more than ...

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Four New Stablecoins on OKEx—Find Out What They Are Here!

Starting today, there will be new stablecoins on OKEx!

The third biggest crypto exchange by market cap announced that it is adding four US dollar-backed stablecoins to its platform.

Four New Stablecoins on OKEx

Let’s catch up. Stablecoins are cryptocurrencies that are backed on a one-for-one basis with a fiat currency. For example: if a stablecoin is backed by the US dollar, then every one stablecoin can be traded equally for one US dollar. So, as their namesake suggests, stablecoins provide just that—stability. Stablecoins are ideal for investors who worry about price volatility in ...

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Bitcoin Price: BTC Skyrockets Nearly 10% and Pulls Rest of the Crypto Market Back into the Green

This morning, Bitcoin (BTC) rose almost 10% in less than an hour. After the Bitcoin price jump, investors began dumping money into the other digital assets, causing the market to widely shift green.

Bitcoin Price Movement

Last week, Bitcoin had its first major sell-off in months, but this morning it rose nearly $600 in less than an hour. Late last week, it looked as if Bitcoin was going to drop just below the $6,000 mark, but it’s now comfortably trading over $6,500.

According to CoinMarketCap, Bitcoin (BTC) is trading at $6,655.71 a coin, up ...

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Spacebit to Bring Blockchain to the Global Space Economic Forum

Noordwijk, Netherlands – October 2018.

The Global Space Economic Forum 2018 (GSEF) organized and run by European Space Agency (ESA) will include keynotes from Spacebit founder Pavlo Tanasyuk, who will talk about the applications of blockchain technology for space missions and explore the ideas behind space asset tokenization The full agenda can be accessed here. The conference will take place at the European Space Research and Technology Centre (ESTEC) in Noordwijk, the largest ESA center. ESTEC is a prime destination for top management in the space industry, stemming from ESA’s efforts to make Noordwijk a center ...

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Bithumb Sells $350 Million Stake in Its Cryptocurrency Exchange

Bithumb, one of the largest cryptocurrency exchanges in South Korea by its daily trade volume, has sold more than 38 percent of its ownership to a blockchain consortium in Singapore, Coindesk Korea reported this morning. The stake was sold for 400 billion won, or $350 million USD.

Stake Sold

Bithumb signed the deal on October 11th with BK Global Consortium. BK Global Consortium is a blockchain investment firm that was formed by BK Global, a plastic surgery medical group in Singapore.

BTC Holdings Company currently owns 76 percent of Bithumb’s equity and has agreed ...

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Ripple (XRP) Climbing After Crypto Market Correction

Ripple (XRP) is making a dashing comeback this morning after the crypto market lost over $20 billion in value this week. Many of the other cryptocurrencies in the top 20 were seeing double-digit losses yesterday, as investors began dumping their digital assets. Now it seems most are making a comeback and XRP is leading the way.

Ripple (XRP) Comeback

Ripple concluded its annual Swell conference last week. The company put together a two-day conference that was held in San Francisco.

#SwellbyRipple is a wrap for 2018! Thanks to all those who joined us in ...

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Another Fraudulent ICO Shut Down By The SEC—Here We Go Again!

Wow. It is a solemn day for cryptocurrencies everywhere! According to CoinMarketCap, the market is experiencing a big crash with most coins seeing double-digit losses. I wish I could be bringing a lighter tone to this grey picture, but another fraudulent ICO has been shut down by the SEC earlier today.

Is such market volatility going to spell the end for cryptocurrency? Between vast and sudden sell-offs and another fraudulent ICO, you begin to understand why so many bears populate this sector. What’s going on?

Another Fraudulent ICO

Earlier today, the US Securities and ...

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Cryptocurrency Sell-Off: Bitcoin (BTC) Plummets and Market Follows Suit

The cryptocurrency market took a huge hit nearly 12 hours ago when Bitcoin (BTC) abruptly dropped over $200 in value within minutes. After BTC dropped, a widespread cryptocurrency sell-off took place and hasn’t slowed down since.

Cryptocurrency Sell-Off

According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,264.43 a coin, down -4.63%. Most of the cryptocurrency market has followed Bitcoin’s spiral, and most coins in the top 15 cryptocurrencies by their total market cap are seeing double-digit percentage losses.

Ethereum (ETH) is currently trading at $201.10 a coin, down -11.07% in 24 hours, and ...

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A Crypto PayPal? UTRUST Will Make Crypto Online Transactions the Everyday Norm

A Swedish company wants to make crypto online transactions as simple and as safe as using PayPal. But can such a feat be accomplished in such a volatile marketplace?

Crypto Online Transactions

The cryptocurrency market is still considered to be in its infancy, and many skeptics believe that, as a currency, it is hard to spend it day-to-day.

Proof of this issue is that only 2% of online retailers accept crypto despite the increase in adoption for traders and businesses alike.

Fear remains surrounding the volatile nature of a crypto’s price.

...

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Coinbase Japan: Exec Says Crypto Crackdown in Country is a Good Thing

Major US cryptocurrency exchange Coinbase said Japan’s tighter regulations towards cryptocurrency would give it an advantage, signaling the company’s confidence in securing the regulatory approval for Coinbase Japan.

Japan has been long considered a crypto friendly country, compared to its neighbor China. The country has had a large pool of retail investors interested in blockchain technology and crypto and light-touch government policies. Due to high-profile hacks, Japan has decided to increase its regulatory oversight over the cryptocurrency industry.

Coinbase Japan

Mike Lempres, Chief Policy Officer at Coinbase, told the NIKKEI Asian Review that his ...

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Ripple (XRP) and TRON (TRX) Prices Slide Despite Major Progress

The cryptocurrency market is trading in the red again today. Bitcoin (BTC) has just dipped below the $6,600 mark and Ethereum (ETH) is trading just above $225. Both Ripple (XRP) and TRON (TRX) are sliding down today, despite both announcing major news regarding their projects recently.

Let’s take a closer look at Ripple and TRON and their latest project advancements.

Ripple (XRP)

Ripple concluded its Swell 2018 conference last week in San Francisco.

#SwellbyRipple is a wrap for 2018! Thanks to all those who joined us in SF, and for those who ...

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Bitcoingambling.io Adds Support for Ethereum, Litecoin, Monero, & Other Cryptos

Bitcoingambling.io, a site that caters to those in the cryptocurrency gaming niche, has officially added support for additional currencies.

Sometimes called altcoins or alternative currencies, these coins can provide benefits to the user over using Bitcoin such as faster transaction times or even anonymous spending, as with Monero. The site, founded in 2014, was originally focused on providing resources for individuals looking to gamble online using Bitcoin. However, a lot has changed since then in the world of cryptocurrency, and there are now many other popular cryptocurrencies which both cryptocurrency enthusiasts and even casual users are ...

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Journalism Outlets Love Crypto and Blockchain—Look at Forbes Magazine

Multiple journalism outlets have started to incorporate cryptocurrency and blockchain into their business models, which isn’t surprising; we knew this was coming. Back in July, Forbes magazine included crypto players in its ’40 under 40′ list. Last week, Time Magazine put a blockchain startup on its list of 50 innovative businesses. And this week, we have seen the market introduced to a Forbes Civil partnership.

A Forbes Civil Partnership: What Does This Mean?

On Tuesday, October 9th, the co-founder of Civil, a blockchain platform, confirmed that Forbes will be working with the blockchain-based platform to publish ...

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