Apple Pioneer Steve Wozniak Joins Blockchain Fund as Co-Founder

Steve Wozniak, the tech entrepreneur best known as the co-founder of Apple, has joined EQUI Global, a venture capital fund built using blockchain technology, as a co-founder. In a Medium post published by the company, Wozniak said that he will scout for technology companies to find the “tech stars” of the future. He also said that he receives innovative pitches regularly; however, this is the first time, after Apple, that he has agreed to join a company. Wozniak added that he believes technology has the power to modify and improve businesses. EQUI…

$194 Million was Moved Using Bitcoin With $0.1 Fee, Potential of Crypto

On October 16, a Bitcoin user moved 29,999 BTC worth $194 million with a $0.1 fee, a transaction which with banks would cost tens of thousands of dollars. An often pushed narrative against cryptocurrencies like Bitcoin and Ethereum is that it is expensive to clear transactions due to fees sent to miners. However, the $194 million payment on the Bitcoin blockchain demonstrates the potential of consensus currencies to optimize cross-border payments significantly. $1 Million Through a Bank Costs $10,000+ Transferwise is a UK-based multi-billion dollar firm that eliminates hidden fees…

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. To allay…

HTC’s Blockchain Phone ‘Exodus’ Will Launch Next Week: Report

Taiwanese smartphone manufacturer HTC will finally launch its blockchain powered smartphone Exodus in a week. The company shared details of the launch on its Instagram page (now deleted) via a teaser video. As expected, the video didn’t reveal much on the features to be expected from Exodus, but it revealed the suggestive numbers “10.22,” meaning the product would debut on Oct. 22 — next Monday. Exodus is a brainchild of HTC Vive creator Phil Chen, who said the device will target a niche audience and could be priced as high as…

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 this…

Coinbase Now Lets You Buy and Sell Ethereum Token 0x

Barely a week after adding support for the 0x Protocol token (ZRX) on its professional investor platform, crypto exchange Coinbase is enabling full trading for retail investors. The exchange announced Tuesday that coinbase.com, Android and iOS app users would be able to trade, buy, sell or store ZRX, after initially announcing that Coinbase Pro would support the token on October 11. ZRX is the first ERC-20 token to be listed by the exchange. At the time, the exchange said it would list the token on retail platforms at a later…

Bitcoin Price Intraday Analysis: BTC/USD Holds $6,400 Floor

The bitcoin-to-dollar exchange rate is holding above 6400-fiat as it goes towards testing major resistance hurdles to the upside. The pair moved 1.5 percent above its intraday low near 6346-fiat on Coinbase Pro while trading at over 7 percent premium rates on Tether-featuring exchanges. The volume, however, slowed down in contrast to Monday’s wild swings, indicating that serious traders waited for things to return to normalcy. As a result, Tuesday’s bitcoin trading session on non-Tether exchanges remained comparatively calmer. BTC/USD moved marginally throughout the Asian and the European trading hours.…

Russian Accused of Hacking Public Servers to Mine Bitcoin Faces up to Five Years in Prison

A 21-year-old Russian from the Siberian city of Kurgan is facing criminal charges for illegally mining Bitcoins (BTC) via government-owned servers, local news agency Ura.Ru reports Tuesday, October 16, citing the regional office of Russia’s Federal Security Service (FSB). The investigation found that the man hacked public administration servers in three Russian regions. The breach was discovered when the Internal Security Division in the city of Yaroslavl noticed the intruder’s attempt to hack their equipment. The alleged hacker was then charged with deliberate use of software that “neutralizes” a computer’s…

Tether Market Cap Sinks to $2.2 Billion as $250 Million Exits Circulation

The loss of its U.S. dollar peg isn’t the only thing driving down the market cap of tether (USDT), the cryptocurrency market’s largest “stablecoin.” Tether Falls Below Dollar Parity The USD-backed token, which as recently as late August had a circulating valuation of nearly $2.9 billion, is now worth just $2.2 billion, representing a two-month decline of nearly 25 percent. A portion of that decline is a direct result of USDT’s price falling below the $1.00 in assets that are supposedly backing each token. As CCN reported, the USDT/USD peg…

Fifth Largest Crypto Exchange Huobi Lists Four USD-Backed Stablecoins, Following OKEx

Another major crypto exchange Huobi has announced the listing of four stablecoins at once, according to an official statement Tuesday, October 16. Starting Friday, Oct. 19, the fifth largest crypto exchange by trading volume will start accepting deposits of four USD-backed stablecoins – Paxos Standard (PAX), TrueUSD (TUSD), USDCoin (USDC), and Gemini Dollar (GUSD). The Huobi Global team noted that the stablecoins are already available on Huobi Wallet, while the launch time and other details are set to be announced at a later time. Huobi also stated that they will…