Cryptocurrency News With URL like blockmanity.com

@Bitcoin Twitter account under the threat of being banned by BTC supporters
@Bitcoin Twitter account is in the limelight these days due to a controversy over its account being banned from Twitter. The Bitcoin network forked in 2017 to create a separate chain Bitcoin Cash (BCH) intended to solve the high fees problem through onchain scaling, Since then the @Bitcoin account decided to support BCH. The account tweets about BCH and condemns the BTC network. This evident shift in the twitter account's support for BCH has enraged some individuals who have reported the account to Twitter administration. Jack Dorsey, the CEO of Twitter has often been tagged by the haters in their tweets to ban the account.

JP Morgan partners with 200 banks to build a massive banking network on Ethereum fork
The largest bank in the US (also one of the largest in the world), JP Morgan, plans to create a massive banking network. The network will be running on a permissioned Ethereum fork called Quorum. The network is called Interbank Information Network (IIN). IIN was launched as a pilot in 2017. According to JP Morgan, IIN is the firm's first scalable, peer-to-peer network powered by blockchain technology. JP Morgan plans to reduce the challenges of Interbank information sharing, including Cross border payments. The more banks that join the network, the more dramatic the reduction in payment delays, said John Hunter, Head of Global Clearing for Treasury Services, in a press release by JP Morgan. As the network scales, our clients payments will be processed faster with less operational expense.

Decentralized e-Commerce Platform Ubecoin Announces Token Generation Event
7th April, 2019, Perth, Australia: Ubecoin is a blockchain based trading platform located in Gibraltar that brings benefits of decentralization to merchants from around the world. With traditional trading markets full of intermediaries, unnecessary paperwork and risings costs, companies are being forced to reevaluate their trading businesses. In this light, Ubecoin gives power back to the merchants. Ubecoin leverages blockchain technology and eliminates clutter and other aspects of a traditional trading market that reduces efficiency and speed. The platform offers benefits such as: The Ubecoin platform has a gaming and entertainment element, meaning the platform is not just about trading. With online gaming estimated to reach USD 817,100,000,000 by 2022, many gamers are frustrated that their ingame earnings are not of value in the real world. Ubecoin changes this.

Winklevoss Twins say that Regulators are more Comfortable with Zcash but who cares?
The Winklevoss brothers who are the founders of the US-based Gemini exchange said in a recent podcast interview that the US regulators are more comfortable with Zcash (ZEC) than Monero (XMR). In a recent episode of the Unchained podcast with Laura Shin the Winklevoss twins discussed various issues ranging from the Bitcoin ETF approval to criticisms on their advertisement campaign. One of the important topics that they discussed in the interview was the process they follow for listing various Crypto assets on their platform. Gemini currently lists Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and notably ZCash (ZEC). In many ways, Gemini has been more conservative than Coinbase in listing tokens on their platform. Although they have not publicly stated their listing procedure, they give some insights on why they decided to list ZCash and not Monero both of which are privacy based coins.

Interim President of Venezuela Juan Guaidó Talked about Bitcoin in 2014, Called Petro a Scam
Thousands of people have taken to the streets in a massive protest against the authoritarian regime of Nicolas Maduro in Venezuela, the young Juan Guaidó who is the national assembly speaker proclaimed himself as the interim President of Venezuela in the streets of Caracas. The Trump administration officially recognized Juan Guaidó as the President of Venezuela, other countries like Canada, UK, EU, Colombia, Argentina, Brazil, Peru, etc have also shown support to Guaidó. But countries like Russia, Iran, Cuba, and Mexico are still in favor of Maduro who made fun of 35-year-old Guaidó. Due to corruption and socialist policies of the Maduro regime, the Venezuelan economy is in the ruins. The country's currency Bolivar has inflated 13 Million Percent as estimated by the IMF. To combat the problem Maduro launched a Cryptocurrency called Petro which is supposed to be backed by the country's oil reserves. Launched in February last year the Petro is nowhere to be seen in Venezuela according to reports from Reuters.

BitFury announces tools to drive Bitcoin Lightning adoption
BitFury, one of the largest blockchain development and servicing firm in the world, has announced a suite of new tools for merchants and developers to push lightning network adoption. Most of the tools are currently in development, but a few them have already been released. Some of them include an open source lightning wallet, developer tools to develop payment processing app and a public lightning network known as Peach?. The product bundle is designed to make using the lightning network easier for vendors and consumers to use, Bitfury said in an article by Coindesk. Lightning Peach has already received their first client, cryptocurrency exchange BTCBIT. BitFury is helping the exchange set up a Lightning-enabled cryptocurrency trading.

Mixed Martial Artist Ben Askren Gives a Shoutout to Litecoin (LTC)
With Litecoin Foundation partnering with Ultimate Fighting Championship (UFC), former Olympic Wrestler Ben Askren who will make his UFC debut promoted his upcoming match with Robbie Lawler for UFC 235 and went on to praise Litecoin as the cryptocurrency partner on Twitter. Pumped for @LTCFoundation to sponsor me for UFC 235! Pumped for @LTCFoundation to sponsor me for UFC 235! @SatoshiLite @johnkim77 #ltcwestcoast #ltceastcoast pic.twitter.com/oV0bzey2XA Ben Askren (@Benaskren) January 15, 2019 What's up Litecoin community. I just wanted to thank you for the sponsorship for UFC 235. I'm especially honored to represent you guys, because you are a cause and something I believe in. Obviously I hold a lot of Litecoin myself. I think it's especially great when not just that I get a sponsorship, but when I get one that I believe in and that I think can help make a better future. And I think that all of you guys see that vision as well.

Bitcoin (BTC) Onchain Transactions up 50% in Six Months
The price of Bitcoin (BTC) took a significant hit in 2018 as speculators started leaving the market after the 2017 mania. The price is a poor indicator of the fundamentals of the network as it is driven by a lot of speculation on Cryptocurrency exchanges, but the number of onchain transactions is a better indicator as it signifies the wealth transferred on the main bitcoin network instead of buying and selling on exchanges. The data from Blockchain.com clearly illustrates the increase in the number of onchain transactions on the Bitcoin network in the past six months. For example, on 22nd July last year, the number of daily transactions were around 167k which is a lot less compared to 300k transactions on January 15th. Even on high throughput days, the daily transaction amount was shy of 250k compared to the low transaction days in December which easily touched 250k.

Binance Announces the Launch of new EUR/GBP Fiat Exchange based out of Jersey
The largest Crypto exchange in the world Binance is expanding into the European markets by launching a new Cryptocurrency exchange with EUR/GBP fiat pairs based out of Jersey. The Malta-based exchange giant announced on Wednesday that customers will be able to trade Bitcoin (BTC) and Ethereum (ETH) with Euro and British Pound (GBP) fiat pairs via its new exchange Binance.je. Binance is excited to announce that Binance's EUR/GBP Fiat Exchange, Binance.je, is now online, with trading in BTC/GBP, ETH/GBP, BTC/EUR and ETH/EUR trading pairs now open. Changpeng Zhao, CEO of Binance tweeted: AND worked hard in the background for all this time!#BUIDL baby #BUIDL https://t.co/YyOx36Oi3G

BitMEX is Reportedly Shutting Down US and Canadian Accounts
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Bakkt Announces Acquisition of assets from a century old Futures Commission Broker
CEO of Bakkt Kelly Loeffler announced in a medium post the acquisition of certain assets of futures commission broker Rosenthal Collins Group, an independent futures commission merchant with over 100 years of experience offering services like clearing, trade execution, risk management, introducing broker services, etc. Bakkt recently raised its first round of funding of $183 Million from 12 partners including Microsoft Ventures, Pantera Capital, Boston Consulting group, M12, Hong Kong Billionaire Li-Ka Shing led Horizons Ventures and others. Bakkt expects to close the transaction by February, RCG will be playing an important role in risk management and treasury operations while also contributing to regulatory, AML/KYC and customer service operations.

Twitch Streamer Receives 20 Bitcoins (BTC) in Donations While Playing Runescape
A video gamer and Twitch streamer called Sick_Nerd received a whopping $73000 worth of Bitcoin in donations when he was playing the game Runescape. Sick_Nerd was live streaming on January 11th as usual when all of a sudden he received 20 Bitcoins in donations. When he converted it into the Dollar amount it was worth approximately $73,000 which at first he thought was a prank of some sort. However later he realized that when a donation is made in Bitcoin it is hard to fake it, unlike PayPal donations which are known to be fake sometimes on Twitch. Thank you to my mysteriously benefactor whoever you are, genuinely a life changing amount of money that I or nobody deserves but look what happened. Crazy

Bitcoin Mining Giant Bitmain closes another overseas office
Troubles are not over for the mining giant, Bitmain. From laying off employees to a failed IPO, Bitmain seems to be getting into more and more trouble. The latest news suggests that Bitmain will be shutting down its second overseas office Bitmain Amsterdam. Bitmain had revealed the latest development to Coindesk. The shutting down of the Amsterdam office is part of the company's ongoing restructuring. Although the Amsterdam office hasn't shut down yet, officials from Bitmain have confirmed the shutting down the office. As we build a long-term, sustainable and scalable business, we are making adjustments to our staff and operations. This includes the decision to close our Amsterdam and Israel offices, says a company Spokesperson to Coindesk.

Over 4,000 cryptocurrency ATMs worldwide, Bitcoin and Litecoin lead the ATM race
The number of cryptocurrency ATMs has increased. There are now more than 4,000+ ATMs worldwide, and 1-2 cryptocurrency ATMs are being opened daily. As of Jan 14th, 2019, there are 4177 cryptocurrency ATMs installed currently. According to Coinatmradar, Bitcoin and Litecoin lead the ATM race. 99.0% ATMs support Bitcoin, while Litecoin comes in at second, supported by 60% of the ATMs. Ethereum comes in at number 3rd, followed by Bitcoin Cash and DASH. Growth of Cryptocurrency ATM. Source: Coinatmradar In terms of the country with the most number of cryptocurrency ATM, the United States is leading the race with 2,485 ATMs followed by Canada with 699 ATMs. In the European region, Austria has the most number of cryptocurrency ATMs with 266 ATMs followed by UK (211 ATMs) and Spain (81 ATMs). In Asia region, Hong Kong is leading the race with 32 Bitcoin ATMs followed by Japan with 11 ATMs.

Ethereum Will Surpass Bitcoin says NEO Co-Founder
In an interview with CCN, Erik goes on to say that he believes Ethereum will surpass Bitcoin when asked about the Bitcoin Cash fork. He also said that Ethereum would face fierce competition from other smart contract platforms like NEO. In my opinion, Ethereum will sooner or later exceed Bitcoin and get the first position. But Ethereum will also face very fierce competition from other projects such as NEO. Erik who is also the core developer of NEO hates when NEO is called the Chinese Ethereum. Even though Ethereum is a great project he says the two Blockchains are very different. The labeling is a hype. We never introduced NEO this way, and I'm personally against this labeling.

Tulsi Gabbard Bought Litecoin (LTC) at the Peak in 2017
US Congresswoman and Presidential Candidate Tulsi Gabbard had bought Litecoin and Ethereum at the height of the bull market as per her federal disclosure report. As per the report, she bought $1,001 to $15,000 of Ethereum and Litecoin in December 2017. Bitcoin around that time was at its highest at $19,500. It's still unclear how much amount she holds but she must've lost most of her investments with the ongoing bear market. Even US Congressman and Republican Bob Goodlatte held $17,000 to $80,000 worth of Bitcoin, Bitcoin cash and Ethereum in 2018. His son, Bobby Goodlatte Jr., is also an angel investor in Coinbase.

Blockchain Developer Salaries are on the Rise According to Survey
According to a recent report from Janco Associates, annual salaries of Blockchain developers have increased by more than $4000 in the past six months. The median annual salary for a Blockchain developer is now $132,000 and can go up to $176,000 for experienced developers Victor Janulaitis, CEO of Janco Associates told Computer World: Salaries are up across the board for all blockchain roles that we have surveyed'CIOs do not want to lose the talent they have on board. As a result, they have increased compensation for those positions,. Linkedin placed Blockchain developer as the number one emerging job in December last year, Job recruitment firm Hired estimates the salary for Blockchain engineers ranging from $150k to $175k in comparison to an average of $137k for software engineers.

Bitcoin Mining Gaining Traction in Mongolia, 1000 New Miners set to Launch in 2019
Mongolia has emerged as the new destination for bitcoin-miners with its cheap electricity and cold weather. Over 1000 new miners are said to move to the East Asian country in 2019. Even with the bear market, Tokyo based crypto-wallet Ginco has set its mining facilities in Ulaanbaatar, the Mongolian capital. Electricity costs in Mongolia are said to be three times cheaper than Japan and even cheaper than China. Yuma Furubayashi, CEO of Ginco, told Nikkie Asian Review: The business environment is increasingly harsh, but we can still produce a profit. With China's crackdown on cryptocurrencies, miners are looking for alternatives and Mongolia appears to be a clear choice with Canada and Russia up for contention. Even Bitmain, the Chinese giant which has traditionally held a monopoly over the market, has had to axe its employees to survive this bear market.

60 Million Litecoin (LTC) out of the 84 Million Supply Has Been Mined
The Litecoin network has reached a new milestone of minting 60 Million coins into the circulating supply. As of January 12th on the Block #1560000, the 60th Million LTC has been successfully mined. According to the data from LitecoinBlockHalf around 71.5% of the total supply of LTC which is 84 Million has already been mined. Blockmanity recently reported about the US-based exchange Coinbase holding around 25% of the total circulating supply of Litecoin. The Block reward in Litecoin is set to be reduced in half from 25 LTC to 12.5 LTC this August. The Block rewards cuts in half after every 840,000 Blocks, it will take place in August after 75% of the total supply is mined or after 3 Million more coins are mined.

Pablo Escobar's Brother Launches an ICO for a Stablecoin to Fund Trump Impeachment
Pablo Escobar's brother Roberto Escobar is launching a new cryptocurrency pegged to the US Dollar after his GoFundMe campaign that was set to raise $50 million to impeach Donald Trump was blocked. The campaign labeled ByeByeTrump even managed to raise over $10 million before being censored. A screenshot showing the campaign reaching the $10 million mark with a message highlighting that the campaign was being reviewed by GoFundMe admins. The stablecoin named ESCOBAR will be pegged to the US dollar and its ICO run by Escobar Inc. ESCOBAR will be an ERC 20 token launched on the Ethereum Blockchain. to ensure that no single entity censors or stops the campaign.

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