Bitcoin Magician

Japan’s Popular Line Chat App to Launch Cryptocurrency Exchange Japan’s popular chat app, Line, has announced that they have filed to launch a cryptocurrency exchange within the app. While some countries are clamping down on cryptocurrency and exchanges, Japan has opened their doors. This had led to a marked rise in crypto-related businesses seeking to do business within the country. Of course, there are home-grown businesses looking to hop on board the crypto train as well. The latest to do so is Line, the popular chat app, who has filed an application to open up an cryptocurrency exchange within the app. Leveraging the Numbers This is a pretty interesting move, and one that could do quite well. Line is extremely popular, boasting 200 million active monthly users. The chat app already has a mobile payment service within the app, called Line Pay, that has 40 million users. Overall, Line Pay had a total transaction volume of roughly $4 billion in 2017. Line is leveraging their num...

Facebook Banning ICO Ads a Good Thing for Crypto Anyone that has spent any time on ‘the social network’ will be well aware that 80% of what you see there is digital dross. Facebook is renowned for disseminating clickbait, scams, fraudulent adverts, and malware. Finally, the company has made some moves to clean up its act where ICOs and cryptocurrency advertising is concerned. Both Facebook and Google have recently been caught getting paid for adverts to fraudulent websites. Just last week it was discovered that Google’s DoubleClick ad platform was propagating mining malware via YouTube. The ad revenue buck is the bottom line for these two monopolies it seems. Curbing Crypto Ads This week it was reported on CNBC that Facebook has announced that it would be banning all ads for ICOs and crypto in what it deems “financial products and services frequently associated with misleading or deceptive promotional practices.” The social media giant has yet to take action in banning con art...

Facebook Bans Cryptocurrency, ICO Ads Because Of ‘Deceptive Promotional Practices’ Social media platform Facebook has announced that it bans ads that use “deceptive promotional practices,” which apparently includes ICOs and cryptocurrencies. Facebook has updated its advertising policy, announcing in a blog post Tuesday, Jan. 30 that it prohibits ads that use “misleading or deceptive promotional practices,” which, according to the social media platform, includes ads of cryptocurrencies and Initial Coin Offerings (ICOs). The announcement claims that there are “many companies” that use Facebook’s platform to advertise financial products, such as binary options, cryptocurrencies and ICOs, but do so “[not operating] in good faith”. Because of that, the blog post continues, Facebook is going to make it “harder for scammers to profit” from a presence on the social platform by banning all such ads. The announcement also encourages the users to help police the community by reporting con...

Lydian Becomes First ICO to Accepts Bytecoin as Payment Method During Its Public Crowdsale Bytecoin (BCN) is the first cryptocurrency based on the CryptoNote technology, launched in July 2012, and is currently estimated to be valued at $1.2 billion on Coinmarketcap.com at the time of its release. BCN has partnered with Lydian to allow users to participate in the company’s public ICO that begins today. This is the first time the crypto community can use ByteCoin to purchase tokens on an ICO. “We are very excited about partnering with Lydian and letting our community participate in their ICO using ByteCoin,” said Jenny Goldberg from ByteCoin. Lydian, which has launched its public ICO today, is developing its own Whisper Network Protocol, the fastest blockless directed acyclic ledger that accomplishes scalability, security, and true decentralization as it achieves consensus at record speeds.   Lydian is a subsidiary of the DaVinci Marketing Cloud, a company that works with Fortu...

Bitfinex, Tether Get Subpoenas From US Regulators Bitcoin has reacted sharply to news Bitfinex and Tether received subpoenas from US regulators last week. Update: Nathaniel Popper, a reporter from New York Times, has claimed in a tweet that the subpoenas were delivered on Dec. 6 and not last week, according to ‘source familiar with the matter.’ Major cryptocurrency exchange Bitfinex and token issuer Tether have received subpoenas from US regulators as questions continue to arise about the latter’s ‘true’ value. As Bloomberg reports Tuesday, Jan. 30 quoting sources who opted to remain anonymous, Tether’s notional USD peg has come under increasing suspicion, with authorities “routinely” querying its legal providence. “We routinely receive legal process from law enforcement agents and regulators conducting investigations,” the publication quotes emailed statements from Bitfinex and Tether sent this week. “It is our policy not to comment on any such requests.” Controversy has sw...

eCharge Takes the Hard Work out of Charging Your Electric Vehicle As the popularity of both electric vehicles and cryptocurrencies is only set to increase, eCharge has a plan to stay ahead of the race. “The horse is here to stay but the automobile is only a novelty, a fad.” This is probably one of the most infamous quotes in technology, proudly declared by the President of the Michigan Savings Bank in 1903, who at the time was attempting to dissuade investor interest in Henry Ford’s automobile venture. There are many other well-known quotes made by sometimes well-known people about the future and what it holds. However, with the massive strides in technology happening every day, perceived fantastical ideas are more and more frequently becoming a reality, as is the case with electric vehicles (EV). The Continued Rise of Electric Vehicles As a viable alternative to traditional vehicles, EV owners can save on fuel and also decrease the vehicle’s carbon footprint in the global fight aga...

Project Districts Emerges as the Perfect Investment Alternative in the Fluctuating Crypto Market Project Districts, the first ever synergistic manipulation of the Blockchain and Virtual Reality, is rapidly coming up as a viable investment opportunity in the crypto economy that has experienced massive fluctuations in the recent times. Leveraging the infinite capabilities of a P2P based blockchain ecosystem, it looks to overcome all limitations that have restricted the growth of 3D/virtual and augmented reality so far. January 24, 2018 –  Project Districts , a crypto-startup founded by Blockchain Technology LLC, is making quick inroads as a promising investment option for the cryptocurrency enthusiasts and investors. Built around the cutting-edge blockchain and Virtual Reality technologies, it delivers a system with all necessary tools to convert noble ideas into functional solutions by overcoming the traditional barriers to innovation. The year 2017 was no less than a roller coast...