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Bank of America’s Job Posting Hints It Hired a Dedicated Ripple Specialist

America’s second largest banking institution searches for a “treasury product manager” specifically working with Ripple’s technology. The United States’ second largest bank appears to have hired a specialist for an implementation of blockchain-based payment network Ripple. Bank seeks Ripple team lead According to a job description on professional social network LinkedIn, as of Oct. 10,…
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B2C2 Launches New Gold Derivative Priced and Settled in Bitcoin

OTC trading platform B2C2 launches what it calls the first product for gold trading using Bitcoin for pricing and settlement. Over-the-counter (OTC) trading platform B2C2 has created what it calls the first product for gold trading using Bitcoin (BTC) for pricing and settlement. Macro players eye new BTC gold product Speaking to industry news outlet…
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Picking out Positives from the (Perplexing) New Crypto Tax Guidelines

The Internal Revenue Service (IRS), America’s top tax authority, has issued a new set of guidelines on cryptocurrency taxation. And although many are bemoaning the new rules for a lack of clarity among other matters, there are a few silver linings to be found in the IRS’ press release, a new crypto FAQ page and…
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Programming Languages Used in Blockchain, Explained

Programming languages are crucial for blockchain — for usability, security and durability. And what does Ride run on? Ride has been specifically designed for Waves — a leased proof-of-stake protocol. Waves says its aim is to build an environment in which developers can program in chunks — all with a view to ensuring that the…
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Bulls Push Bitcoin Price to a 2-Week High, is $9,700 Next?

On Oct. 9 Bitcoin price rallied 5% to notch a 2-week high at $8,715. Traders now must push BTC above the 200-daily moving average and set a higher high above $9,780. On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The…
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US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power

The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies. The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining. According to the indictment initially filed on…
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Libra under Fire from US Politicians, But Bank of England Offers Hope

Mark Zuckerberg. Source: a video screenshot, Youtube, Guardian News Regulators on both sides of the Atlantic are taking very different approaches to Facebook’s Libra project – with American politicians hoping to strong-arm the social network and Libra partners, while British central bank officials have laid out a roadmap for the forthcoming token. America’s House Financial…
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Ethereum Looks For 1 Million Devs While Ether Price Surpasses USD 190

Joseph Lubin. Source: Twitter, @ethereumJoseph With the fifth annual Ethereum conference, Devcon, about to finish tomorrow, a new challenge has been issued: get 1 million developers to build on Ethereum in a year. Devcon is an annual conference held by the Ethereum Foundation for developers, researchers, engineers and others to gather and discuss their thoughts…
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Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs

Jihan Wu, co-founder of leading ASIC miner producer Bitmain, announced two new series 17 Bitcoin mining machines. Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9. Bitmain: higher efficiency and hashrate Bitmain co-founder Jihan Wu announced the S17+ and…
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Bitcoin Price Rallies to Touch $8,600 While Altcoins Follow

Bitcoin has rallied to touch $8,600, while major altcoins follow in its wake; Chainlink is seeing daily gains of almost 14%. Wednesday, Oct. 9 — Bitcoin (BTC) continues its rebound, jumping $400 in a few hours, while altcoins rally in sync with BTC. Cryptocurrency market daily overview. Source: Coin360 The world’s most popular crypto coin…
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