Thursday, November 2, 2017

CryptoCurrency News: Finance Bigwig Mohamed El-Erian Says Bitcoin Is a Commodity

Allianz Chief Economic Advisor Mohamed El-Erian says bitcoin's price volatility makes it seem more like a commodity than a currency.

via CoinDesk

CryptoCurrency News: Shifting and Changing: Ethereum's Casper Code Takes Shape

Ethereum's leading effort to reimagine how nodes in a blockchain systems come to agreement is slowly but surely advancing. At least, that was the message that was front and center at Devcon3, the open-source project's annual technology conference, on Wednesday. The topic of casper – ethereum's much-anticipated version of proof-of-stake consensus – was present during a number of […]

via CoinDesk


Attention Björk fans!



The pioneering artist has revealed more details about her upcoming album Utopia, due out on 24 November via One Little Indian.

Upon its release, the album will be made available to purchase using Bitcoin, Audiocoin, Litecoin and Dashcoin. Teaming up with British blockchain startup Blockpool for the cryptocurrency process, CEO Kevin Bacon said in an interview with Music Ally, “People have done things with crypto and artists before, but this is the first time a global artist has done anything like this. While it will be interesting to see how the crypto community responds to this, Utopia is also a gateway for people to go into crypto for the first time. Björk is the best artist in the world we could imagine doing this.”

“This really isn’t a marketing strategy with Björk. This is a decision to be a leader. In fact, it’s just the obvious thing to do for her. If I wasn’t involved in this project, I’d expect Björk to be a leader in this area, and for her team to be doing creative things with crypto. So we’re not going to give her a menu of creative ideas,” he added.

Blockpool's cryptocurrency checkout plugin is being added to Björk Store. So once users checkout out of the Bjork store, they are invited to claim rewards (in this case Audiocoins) at MyBlockpool, the hub of Blockpool's blockchain integration technology. In this first iteration, users can select rewards from brands, create wallets for Blockpool (BPL) coins along with Bitcoin, Litecoin, Audiocoin and Dash. They can move coins around, engage with the geolocation app to earn mobile rewards and engage with crypto in an easy to use none technical way.

More about the album:

Spanning 14 tracks, five of the album’s songs have been co-written by Arca, and one will include a writing credit for Australian composer Sarah Hopkins.

Having previously worked on Vulnicura, Arca has co-produced the new album, save for one track co-produced by Halcyon Veil label boss Rabit.

The album has been edited and structured by Björk using ProTools, and a 12-piece Icelandic female flute orchestra was formed for the forthcoming release.

More about Blockpool:

Blockpool (BPL) is a B2B blockchain framework enabling businesses to have a controlled and secure network on which to build applications. The master BPL chain helps secure sidechains using Delegated Proof of Stake. The complementary blockchain integration technology helps businesses extract a multitude of extra features from the blockchain including smart marketing initiatives and smoother integration with legacy systems.

  Source: Crack Magazine and Blockpool.io

CryptoCurrency News: Smarter Bug Bounties? Hydra Codes Creative Solution for Ethereum Theft

A new smart contracts project uses the technology in a novel way that aims to stop illicit actors from stealing ethereum funds.

via CoinDesk

[FOREX NEWS] Jay Powell officially nominated to Fed Chair by Trump

Jerome (Jay) Powell has been nominated by President Donald Trump as Fed Chair and will replace current Fed Chair Janet Yellen in February 2018. The official announcement came after a reality show style nomination process. This was fully priced in and there is no real reaction in the US dollar. Around five candidates were considered, [...]

The post Jay Powell officially nominated to Fed Chair by Trump appeared first on Forex Crunch.

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CryptoCurrency News: Ethereum Storage Network Swarm Enters Next Test Phase

Ethereum's decentralized storage branch, Swarm, announced its third proof-of-concept to test the privacy and scalability of the project.

via CoinDesk

CryptoCurrency News: Credit Suisse CEO: Bitcoin the 'Very Definition of a Bubble'

Credit Suisse CEO Tidjane Thiam has said that bitcoin is in a bubble, and interest in the cryptocurrency will soon wane.

via CoinDesk

[FOREX NEWS] Catalonia: Almost all ousted ministers sent to jail

The crisis is far from over. Ex-vice president Oriol Junqueras and almost all his colleagues were sent to prison without a bail option. Ousted Catalan president Carles Puigdemont and other ex-ministers are in Belgium and did not appear before the courts in Madrid. Santi Vila, who resigned one day before the declaration of independence and [...]

The post Catalonia: Almost all ousted ministers sent to jail appeared first on Forex Crunch.

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CryptoCurrency News: Coinbase's GDAX Exchange Sets Out Criteria for Token Listings

Coinbase's digital asset exchange GDAX has released details of how it will consider future tokens for listing on its platform.

via CoinDesk

CryptoCurrency News: Short-Term Top? Bitcoin Price Seeks Direction on Choppy Charts

With extreme volatility evident in bitcoin's price this morning, what lies ahead for the cryptocurrency? Analysis suggests caution is advised.

via CoinDesk

CryptoCurrency News: Ethereum Wallet Status Pledges $1 Million for New Bug Bounty Program

Ethereum mobile wallet startup Status announced a hardware wallet and bug bounty program during the Devcon3 conference today.

via CoinDesk

CryptoCurrency News: Bitcoin Payroll Startup Bitwage Adds 18 New Currencies

Bitcoin payroll startup Bitwage has announced support for an additional 18 fiat currencies, including the Russian ruble and the Singapore dollar.

via CoinDesk

[FOREX NEWS] BOE set to raise rates – live coverage

The Bank of England is set to raise interest rates for the first time since 2007, moving from 0.25% to 0.50%, undoing the post-Brexit rate cut of August 2016. The big question is: will they continue hiking in 2018? Or is it only a one-off? GBP/USD advanced nicely early in the week and in our [...]

The post BOE set to raise rates – live coverage appeared first on Forex Crunch.

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CryptoCurrency News: Nasdaq Exec: Blockchain Progress Slow Amid Real-World Roadblocks

Far from big leaps, modernizing the financial system with blockchain will take small steps, according to an executive from Nasdaq Clearing.

via CoinDesk

CryptoCurrency News: Free Market Forks? Bitcoin Startups Love the Idea But Brace for Reality

Bitcoin startups that were once sold on Segwit2x are preparing for a split, signaling that the market should decide how the hard fork plays out.

via CoinDesk

[FOREX NEWS] UK construction PMI jumps to 50.8 – GBP/USD recovers

Markit’s construction managers’ purchasing index for October was expected to remain unchanged at 48.1 points, below the 50-point threshold that separates expansion from contraction. Yesterday’s manufacturing PMI beat expectations with 56.3. The most important release is for the services sector, which will be out tomorrow. Nevertheless, there is a bigger event on the docket today. GBP/USD [...]

The post UK construction PMI jumps to 50.8 – GBP/USD recovers appeared first on Forex Crunch.

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CryptoCurrency News: Ex-Credit Suisse Exec to Launch ICO for Luxury Good Platform

A former executive for Credit Suisse is preparing to launch an initial coin offering (ICO) for a new ethereum-based startup.

via CoinDesk

CryptoCurrency News: Bitcoin Gains Continue with Record High Just Shy of $7,000

Another day, another record... Bitcoin prices have continued to climb overnight reaching a fresh all-time high of $6,994.

via CoinDesk

[FOREX NEWS] AUD/USD rises in range on positive trade balance, building approvals

The Australian dollar suffered from a poor inflation read and dropped to the lowest in three months. Yet from this abyss at 0.7620, the pair bounced from the line of support and topped 0.77. The high so far has been 0.7726. The Australian dollar has been propelled higher by better data. Australia reported a trade [...]

The post AUD/USD rises in range on positive trade balance, building approvals appeared first on Forex Crunch.

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