Tag: dowbit

We’re hiring in Tokyo – become an editor at DowBit

Here at DowBit, we believe that Cryptocurrency is the future. Not only for the financial sector, but also for the global economy. Our mission is to publish quality content and to raise awareness for cryptocurrency by delivering stories from the world of virtual currency in a no-nonsense tone. Beginners and hardened pros alike depend on us for the latest crypto news. Who we’re looking for: Ambitious self-starter based in Tokyo with excellent writing skills and an interest in cryptocurrency markets. Duties: – translating content from English to Japanese – posting content on diverse platforms – writing articles and news...

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Co-founder of Bitcoin.com trades all of his Bitcoins for Bitcoin Cash

Emil Oldenburg, the Swedish co-founder of one of the largest cryptocurrency websites, Bitcoin.com, revealed that he sold all his Bitcoins. As he said in an interview for the Swedish Breakit, he now holds his capital in Bitcoin Cash. Oldenburg believes that Bitcoin as it stands today is ‘useless on the web’. The investment in Bitcoin at this point in time is, in my opinion, one of the more risky investments that can be made. This is a very high risk investment. Actually, I sold all my Bitcoin and moved to Bitcoin Cash. Slow and expensive transactions Oldenbur has lived...

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Lightning Bitcoin: new fork with DPoS consensus and CPU mining

Recently we have witnessed a great deal of Bitcoin clones. Forks have produced Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond – some have grown into serious coins, while others add little value to the community. It’s time to welcome another Bitcoin clone to the pack! Lightning Bitcoin (LBTC) will be released around block 499,999 – set to occur around December 23. The things that make LBTC interesting is the new delegated proof of stake (DPoS) consensus mechanism and CPU mining. Additionally, LBTC devs claim it will have smart contract support, decentralized app development and a fair distribution model. Not...

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“Big 4” Accounting firm PwC starts accepting Bitcoin

Bitcoin has recovered from its 20% correction last week and is growing towards new ATH. Good news will undoubtedly accelerate this growth. Accounting giant PricewaterhouseCoopers (PwC) has started accepting Bitcoin as payment for its services in the Hong Kong office. PwC chairman Raymund Chao notes that the decision to accept Bitcoin is dictated by the firm’s move to embrace new technologies: “It is also an indication that Bitcoin and other established cryptocurrencies have now developed into more broadly accepted forms of settlement.” PwC embracing new technologies PwC has been involved with blockchain technology and the crypto market since 2014....

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NASDAQ will implement futures contracts on Bitcoin.

Bitcoin broke the $10,000 barrier at the beginning of the week, and today information about the introduction of virtual gold futures contracts on NASDAQ circulated around the world. Bitcoin for NASDAQ The New York Stock Exchange has presented a plan to launch futures contracts on Bitcoin next year, as we can read on Bloomberg. NASDAQ will become the third exchange, after CBOE and CME, to enter the cryptocurrency market. The earliest Bitcoin-related products can be expected in the second quarter of 2018. Trading will take place on the NFX platform, which was established in 2015. Although CME Group has...

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