Cryptocurrency News With URL like 71republic.com

The Yellow Vests Are The New Face Of Bitcoin
Protestors across France have turned their sights on the banks. Spencer Kellogg on January 11, 2019 By Spencer Kellogg | Spencer_Kellogg Paris is still burning. While the American public (by way of the American media) has largely been kept in the dark about the intense protests that have engulfed France and other parts of continental Europe, the severity of the situation continues to escalate. This week, the Yellow Vests called for French citizens to withdraw money from their banks. This action would essentially create a run on the financial system of France and potentially starve the Euro. Officials are calling this their worst nightmare?. In anticipation of the event, some French banks have resorted to limiting bank withdrawals to 150 while others are not allowing customers to access their accounts at all.

The Dark Overlord Hacker Group Leaks 9/11 Files for Bitcoin
Hacker group The Dark Overlord released many documents related to the September 11th attacks. Hacking group The Dark Overlord (who was removed from twitter) had announced that they had files relating to the September 11th terrorist attack that would burn down the deep state?. The group demanded ransom money in Bitcoin, or else they would release unclosed information about the attacks. The law firm that was hacked allegedly paid the group a fair amount of money, however, after they contacted law enforcement, The Dark Overlord became agitated. The group has now switched from ransom to crowdfunding via the cryptocurrency Bitcoin.

Cryptojacking Targets Strangers' PC's to Mine Cryptocurrency
As more services are moved online and our use of the internet increases, so does the risk of a new type of dangerous cyberattack: Cryptojacking. Indri Schaelicke on January 2, 2019 As technology continues to advance, our lives are becoming more and more comfortable. Technology allows us to spend less time and energy doing basic tasks by automating them. Perhaps the most revolutionary invention of all time is the Internet, with many services being brought into the digital realm. It is now possible to buy products online from halfway around the world and do all of our banking from web-based apps and websites, tasks that a few decades ago might have taken hours to complete in the real world. Being able to do these tasks efficiently allows us to increase our productivity as we direct our scarce resources towards other ends. However, as more services are moved online and our use of the internet increases, so does the risk of cyberattacks and fraud. A new type of dangerous cyberattack is on the rise: Cryptojacking.

How Decentralizing Business Through Blockchain Technology Will Help Worker Rights and Health
We need something that avoids the problem of having a commander with limited knowledge and potentially other advantages. The proper method is decentralizing authority. Mason Mohon on December 21, 2018 Business is bad or at least that's the contemporary cultural outlook. To the disdain of the Randian acolytes, society really hates businessmen. They are seen as gross, mean, and evil cheaters that act for nothing but profit. They would see the world burn for the fattening of their checkbooks. This seems to primarily be the product of the modern film and television industry. The mantra it's just business has infected our entertainment and shows no signs of going away.

Bush May Be Dead, But Crypto Isn't
The mainstream hasn't hesitated to bury crypto six feet under with our former president and move on. Mason Mohon on December 12, 2018 The news is in, and crypto is apparently dead. Again. After reaching a peak of nearly $20k in December of 2017, Bitcoin has been on a steady decline, ready to end 2018 at a far lower point than it began it with. With Bitcoin has gone every other major cryptocurrency. They are all on a steady decline, and those that invested at the all-time-high are most definitely on some kind of suicide watch. Some drank crypto kool-aid. The storm of ICO's that were probably scams caused a lot of people to lose a lot of money. Never forget BitConnect.

TronBet App Is Exploding on Tron's Mainnet
TronBet is a new gaming platform running on the Tron decentralized internet and it's gaining users every day. Spencer Kellogg on December 6, 2018 On June 1st, 2018, Tron cryptocurrency launched their mainnet platform.  Capitalizing on a meteoric rise in interest and technological advancements surrounding the Chinese-based crypto, founder Justin Sun and his team of developers have created a decentralized infrastructure that is growing in size and scope every day. Enter: TronBet. TronBet is a gambling DApp (decentralized application) that launched in early Q3 of 2018. In its short lifespan, it has seen incredible gains in users and total bets. On its release day, the site netted over 10,000 plays and had seen over 1 billion TRX wagered within the first two weeks of service. Users connect their Tron wallet to the platform and wager bets on two simple games that payout TRX immediately on winning combinations. Interested gamers can try the casino-like site out here entirely at their own risk.

You Can Pay Taxes with Bitcoin in Ohio
A new law in Ohio will allow businesses to pay corporate taxes with Bitcoin, and soon will open the same option up to individuals. Mason Mohon on November 26, 2018 Bitcoin has had a rough couple of weeks, but the state of Ohio may have some good news for the cryptocurrency community. According to a report from the Wall Street Journal, taxes in Ohio can now be paid using Bitcoin. Currently, this option only applies to businesses within the state, but the state government has expressed plans to open the option to individual taxpayers soon. Ohio-based businesses will be able to pay the taxes through the Bitcoin payment service BitPay.

A Petition to free Silk Road operator Ross Ulbricht has reached 100k signatures
The Change.org petition for President Trump to pardon Ross Ulbricht, creator of The Silk Road, has now passed 100k signatures. Indri Schaelicke on November 14, 2018 A petition on Change.org calling for the release and pardoning of Mr. Ross Ulbricht, famed alleged operator of the dark-web site Silk Road has reached 100,000 signatures. Who is Ross Ulbricht, and why are so many calling for his release Police arrested Ross Ulbricht at San Francisco Public Library on October 1st, 2013. At the time of arrest, he was using his laptop to work on the site. A grand jury found him guilty on May 29th, 2015. Ulbricht was charged with money laundering, computer hacking, conspiracy to traffic narcotics, and procuring murder.

Bitcoin Floor Falls, Bottoms at $5600 USD
Popular cryptocurrencies Bitcoin and Ethereum, among others, have lost considerable value as of noon EST on Wednesday. Shortly before noon on Wednesday, Bitcoin took a major downturn. After remaining (relatively) stable in the low to mid $6000 USD range for several months, the cryptocurrency plummeted to a mere $5600. This represents roughly a 10% drop in value instantly. In its history, Bitcoin has shown greater jumps in both directions. However, this breach following a period of stability is relatively unprecedented. Wednesday's price marks the lowest Bitcoin exchange in over 12 months, dating back before the surge to nearly $20,000 USD in December of 2017.

Petition to Free Ross Ulbricht Reaches 100k Signatures
The Change.org petition for President Trump to pardon Ross Ulbricht, creator of The Silk Road, has now passed 100k signatures. Indri Schaelicke on November 14, 2018 A petition on Change.org calling for the release and pardoning of Mr. Ross Ulbricht, famed alleged operator of the dark-web site Silk Road has reached 100,000 signatures. Who is Ross Ulbricht, and why are so many calling for his release Police arrested Ross Ulbricht at San Francisco Public Library on October 1st, 2013. At the time of arrest, he was using his laptop to work on the site. A grand jury found him guilty on May 29th, 2015. Ulbricht was charged with money laundering, computer hacking, conspiracy to traffic narcotics, and procuring murder.

Max Borders Talks Politics, Blockchain, and Decentralization
Max Borders is the author of Social Singularity and the Executive Director of Social Evolution. 71 Republic's Mason Mohon sat down with him to discuss how subversive innovation will solve the issues of today. Mason Mohon on November 10, 2018 Max Borders is the author of Social Singularity and the Executive Director of Social Evolution. 71 Republic's Mason Mohon sat down with him to discuss how subversive innovation will solve the issues of today. Through his organization, Borders hopes to free humanity using something called subversive innovation: a form of entrepreneurship that does not ask the States permission. He is also a firm advocate of futurism and a supporter of The Seasteading Institute.

Petition to Free Ross Ulbricht Reaches 43,000 Signatures
A Change.org petition calling for a Presidential pardon for Ross Ulbricht, the convicted operator of the dark web marketplace Silk Road, has gained over 43,000 signatures. Indri Schaelicke on July 29, 2018 By Indri Schaelicke | United States A petition to grant clemency to Ross Ulbricht has reached over 43,000 Signatures on Change.org. Reaching the petition's goal of 50,000 signatures could be a key step towards a pardon from Trump himself. But just who is Ross Ulbricht, and what is his story Ross Ulbricht is a 34 year old Austin, Texas native. Also known as Dread Pirate Roberts, he is currently serving a double life sentence for non-violent crimes relating to his owning and operating of a dark web marketplace known as the Silk Road. The website offered users anonymity by using the software Tor and making transactions in Bitcoin. Many used it for drug purchases and other illicit activities. Its anonymous nature allowed users to evade law enforcement.

Bitcoin Is Not Dead · 71 Republic
Spencer Kellogg on July 13, 2018 By Spencer Kellogg | @TheNewTreasury Contrary to popular belief: Bitcoin is not dead. It's just sleeping a bit. And perhaps it deserves some rest given the parabolic and insatiable rise in valuation and adoption it has seen in its less than 10-year existence. Think about that: 10 years. In the history of money, 10 years isn't even the blink of an eye. We are still in those early drunken stages of undisciplined poking about in which everyone is set to knock around the darkened room of questions until we find a door that leads us to the next confounding labyrinth. In truth, we haven't even seen what this thing is capable of yet.

Japan Goes All In On Crypto
The island nation is preparing for the future of finance. Spencer Kellogg on April 12, 2018 Spencer Kellogg | @TheNewTreasury Japan, a country known for its progressive financial vision, has reported an unprecedented 3.5 million active cryptocurrency participants on the island. According to data released by the Financial Services Agency (FSA) more than 80% of traders are between the ages of 24-40. With a population well versed in the mechanics of blockchain technology and new regulations aimed at on-ramping the sector, the next generation of Japanese leaders possess an unbelievable opportunity to establish the major hub of global crypto finance.

Winklevoss Twins: 2018 Looks To Be Another Year Of Bitcoin
Bitcoin has the potential to grow 40 times its current value. That would be around $340,000. Nick Hamilton on February 10, 2018 By Nick Hamilton | United States As many of you know, Bitcoin doesn't just go for some pocket change. However, according to Cameron Winklevoss, who is a cryptocurrency billionaire, Bitcoin has the potential to grow 40 times its current value. That would be around $340,000. In an interview with CNBC, Winklevoss said the following: Taking bitcoin in isolation we believe bitcoin disrupts gold. We think it's a better gold if you look at the properties of money. And what makes gold gold Scarcity. Bitcoin is actually fixed in supply so it's better than scarce it's more portable, its fungible, it's more durable. It sort of equals a better gold across the board. So, if you look at a $100 billion market cap today, now last week it might have been more like 200, so it's actually a buying opportunity, we think that there's a potential appreciation of 30 to 40 times, because you look at the gold market today, it's a $7-trillion market. And so a lot of people are starting to see that, they recognize the store of value properties. So, we think regardless of the price moves in the last few weeks, it's still a very under-appreciated asset.

CFTC Chairmen Chris Giancarlo Is A Top Dad & He Loves Bitcoin
On The Advice Of His Teenage Children, Giancarlo Pitches Crypto Spencer Kellogg on February 7, 2018 By Spencer Kellogg | United States In a positive turn for the reeling crypto market that has seen a plunge in value recently, CFTC Chairman and Trump appointee Chris Giancarlo advocated for the vision and free movement of emerging and volatile cryptocurrency markets. His words were delivered to the Senate Banking Committee on Tuesday amidst panic regarding the volatility of prices and the unregulated nature of the market. Both Giancarlo and leading members of the SEC confirmed that they will not pursue further regulation of already operating cryptocurrency exchanges easing the fear of speculators and businesses alike after weeks of bad news.

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