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    Alt coins,  Bitcoin,  Innovators,  Media,  Ripple,  United States

    Must-reads for October 19, 2018: Ripple exec finds a Harbor, Ticketmaster gets Upgraded, and more

    These are the crypto stories you should be following today

    Ripple’s Head of Information Security Leaves for Token Startup (CoinDesk) Sujay Jaladi is leaving Ripple to go to Harbor, “a startup that provides a compliance platform for issuers of private securities housed as tokens on the blockchain. The company’s R-Token standard (the R stands for “regulated”) is compatible with ethereum’s popular ERC-20 token framework, and, according to Harbor’s white paper, can be used to tokenize interests in real estate, limited partnerships, fine art and other assets areas,” writes CoinDesk’s David Floyd.   Ticketmaster Acquires Blockchain Startup in Bid to Combat Ticket Fraud (CCN) Controversial ticket scalper seller Ticketmaster just bought Upgraded, a startup that uses distributed ledger technology to fight…

  • Bitcoin being mined.

    What bitcoin’s biggest hour ever tells us about its future

    December was the gold rush, April is the creation of a market that can function smoothly at at any level

    The price of bitcoin surged over $1,200 in just one hour Thursday morning as more bitcoin changed hands than at any time in its 9-year history. Over $1.2 billion in bitcoin traded over the course of half an hour, beginning at 7 a.m. While analysts can’t find a credible reason why, the real big story of the day is how smoothly the networks handled this huge surge. In April 2017, when bitcoin traded at $1,100, a single transaction cost $0.84. That same transaction in December, when bitcoin edged up to $20,000, may have cost up to $54.90. On Thursday, with a billion-dollar hour on the books, those trades cost less…

  • Bitcoin

    NVIDIA wants cryptocurrency miners to stop buying their products

    The graphics card company pushes back as GPU prices begin to skyrocket

    While bitcoin remains a volatile roller coaster, the value of graphics processing units is climbing steadily. Computer gamers love putting high-powered GPUs into their rigs to render a game’s imagery in super-realistic color and detail. However, this same hardware is highly prized by the cryptocurrency community for its efficacy in mining. The more GPUs that miners have, the quicker their computers solve complicated math problems that unleash new coins into the ecosystem. It stands to reason that miners want a lot of them. Now graphics card manufacturer NVIDIA is pushing back against the crypto-rush for its products. Company spokesman Boris Böhles issued a statement to German tech publication ComputerBase that,…