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Increasing need for Bitcoin and Blockchain Skills

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Increasing need for Bitcoin and Blockchain Skills The amount of interest and attention that the crypto industry is gaining is nothing short of astronomical! With Bitcoin trading close to the $7000 mark,it’s not hard to see why. The currency has grown by more than 500%, with that trend not seeming to decline anytime soon. It’s no surprise then that big corporations are hurrying to jump on the Bitcoin bandwagon. CME,the world’s largest futures exchange, has recently announced that they will be launching a Bitcoin features product by the end of this year,followed closely by a similar announcement from Cboe,who also plan to launch in the last quarter of 2017.This will allow for easy investment through Bitcoin ETFs, which will most likely be backed by these futures. Blockchain technology is also high up on everyone’s wish list. Even though it is used to process transactions for cryptocurrencies, it can do so much more. Blockchain advocates have said that the technology could increase the...
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Fighting Wall Street fraud with Bitcoin and Blockchain

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Fighting Wall Street fraud with Bitcoin and Blockchain Blockchain technology and Bitcoinare core components of the crypto industry. Using blockchain as its foundation, Bitcoin is a lucrative investment option, trading at just under $7000making it the most popular, and expensive, virtual currency. The efficiency and decentralized nature of blockchain technology has the power to completely revolutionize the world’s financial structure. Its main aim, and what it is currently doing, is taking financial power from governments and single entities and giving it to individuals. It’s a bold move, and one that still needs to find a way to be implemented in our everyday lives. The former MD at Morgan Stanley and the current president of Symbiont, Caitlin Long, chatted to Reason’s Nick Gillespie about the two biggest players in the crypto industry. Symbiont is in the process of delivering blockchain technology to Wall Street. See an excerpt of this interview below. Gillespie: Well, let's ...
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Leading Bitcoin Hardware Wallet Trezor Will Support SegWit2x (B2X)

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Leading Bitcoin Hardware Wallet Trezor Will Support SegWit2x (B2X) Trezor , the most widely utilized Bitcoin hardware wallet within the cryptocurrency sector, has released an official statement regarding the SegWit2x hard fork scheduled to be executed on November 16. Upon the SegWit2x hard fork later this month, the Trezor development will add support for the SegWit2x coin, which will be listed as “B2X,” similar to most major Bitcoin exchanges such as Bitfinex, Coinbase, and Bittrex. Users, investors, and traders who hold Bitcoin prior to the SegWit2x hard fork will be credited with an equal amount of B2X at a 1:1 ratio. But, the Trezor development team emphasized that the SegWit2x developers have not implemented replay protection and do not intend to in the future, which would render the crediting and withdrawing process of B2X complex. Developers of Trezor stated: “The TREZOR device supports both BTC and B2X. For both, new and legacy addresses will be supported. However, as SegW...
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Satoshi Labs Just Launched The Trezor Model T

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Satoshi Labs Just Launched The Trezor Model T As decentralization becomes takes a hold of the financial space, the benefits of third party-less financial transactions are being realized. No fees, no intermediary, all that sort of thing. Of course, with any shift like this, there are certain downsides associated with the shift. In this instance, the primary downside is the necessity to keep on top of your own capital security. While banks will hold cash in vaults and insurance companies make sure you can at least get a portion of your capital back if it goes missing, the same isn’t true of Bitcoin. If you lose your private keys, that's it. The industry standard storage device in this sector right now is a device called Trezor . A Trezor device is a hardware wallet that allows for offline storage of Bitcoin and other cryptocurrencies, and it has developed a strong following in the sector. The latest news on this front is that Satoshi Labs, the company behind the Trezor , has fin...
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Bitcoin: From Most Popular Cryptocurrency To Legitimate Financial Asset

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Bitcoin: From Most Popular Cryptocurrency To Legitimate Financial Asset Since its humble beginnings, a lot has been discussed about the future of Bitcoin and whether it in fact does have a future. A lot of corporations don’t think so. Jamie Dimon, CEO of JPMorgan Chase, has previously referred to the currency as a “fraud” and until recently, CME, the world’s largest futures exchange, stated that the company would not be working with Bitcoin any time soon. We know it’s here to stay, and we know that it was the catalyst for the creation and implementation of hundreds of other popular virtual currencies. We also know that it’s expensive. Trading at almost $7000 per coin makes it high on everyone’s wish list, but low on everyone’s affordability list. In addition, market volatility and unpredictability make would-be investors as bit hesitant to hedge their bets. Until now. CME, in a seemingly immediate change of heart, announced on Tuesday that they are planning to introduce Bitcoin fut...
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Nick Szabo Developed a Method of Sending Bitcoin Transactions Over Radio

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Nick Szabo Developed a Method of Sending Bitcoin Transactions Over Radio At the Scaling Bitcoin Conference held at Stanford University, Bitcoin pioneer Nick Szabo and former Stanford engineer Elaine Ou introduced a working method of securely sending Bitcoin transactions over radio signals. Earlier this week, Jameson Lopp, the lead engineer at BitGo and prominent Bitcoin developer, revealed that the presentation of Szabo entailed their successful tests of sending Bitcoin transactions using weak signal HF radio, by operating a Bitcoin SPV client. View image on Twitter View image on Twitter Jameson Lopp ✔@lopp "Our tests show that it is feasible to operate a Bitcoin SPV client using weak signal HF radio." - @eiaine @ScalingBitcoin 6:19 AM - Nov 6, 2017 12 12 Replies 106 106 Retweets 271 271 likes Twitter Ads info and privacy Similar to the Bitcoin satellite transaction broadcasting technology developed by Blockstream, the settlement of Bitcoin transactions through HF ra...
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This Company Just Gained 35% On Bitcoin Adoption

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This Company Just Gained 35% On Bitcoin Adoption Shifting towards adoption can be a great thing for a company that operates in a country where adoption is on the up whatever industry you are in but when that industry involves finance it can be even more so. That's what Canadian company Mogo Finance Technology Inc. just discovered. In an interview with Bloomberg, the company revealed the how and why surrounding its decision to leverage the technical capabilities of a cryptocurrency and blockchain system to enhance its operations. For anyone not familiar with Mogo, the company is an online lending agency that offers things like personal loans, prepaid Visa cards and mortgages through mobile apps or computer. The company announced that it has recently hired a Bitcoin industry executive, Wayne Chen, who worked on the development and implementation of the N Trust platform, to fill the role of Senior Product Manager at the agency. Here's what CFO Greg Feller had to say on the de...
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