Organized Crime Goes Digital With the Blockchain-Based ‘Mafia Wars’ Game

Over the last couple of years, blockchain-based gaming has become more popular with collectible games like “Spells of Genesis.” One peer-to-peer game, “Mafia Wars,” is a blockchain-themed tournament based on well-known organized crime families from the 1920s. Also read: Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process The Five Families of New York A Counterparty-based game called “Mafia Wars” launched this past summer that allows online gamers the ability to become crime bosses from one of five families. The game is similar to other blockchain-based collectible card tournaments…

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November Crypto Review: One Third of Cryptocurrency Market Wiped Out

Biggest losers in crypto for the month; Ethereum, Bitcoin Cash, EOS, Cardano, only XRP and NEM lost less than 20%. November has without a doubt been the worst month of the year for crypto markets. It marks the ninth month this year that markets have fallen and the sharpest single month decline for around four years. Over $70 billion, or one third of the market, was wiped out in November plunging all altcoins to their lowest levels for well over a year. Bitcoin had its worst month for seven years…

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The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill

In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U.S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. Also Read: G20 Leaders Declare Commitment to Regulate Crypto Assets Asus Teams Up With Mining Startup Asus has announced a new strategic partnership with Quantumcloud, a startup that wants gamers to use their idle graphics cards to mine…

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Bitcoin History Part 2: The Bitcoin Symbol

Featured In the second installment of our series on key moments from Bitcoin’s history, we look at the circumstances that led to the selection of the distinctive ₿ symbol and corresponding logo. As internet records show, the initial Bitcoin logo was one of the few nontechnical aspects of Bitcoin in which Satoshi Nakamoto had a say. Also read: Bitcoin History Part 1: In the Beginning From Baht to Bitcoin When Satoshi published his whitepaper a decade ago, and then mined the genesis block a little over two months later, there…

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Crypto Market Will Bounce Back, Claims Billionaire Tim Draper

As the period of uncertainty for the crypto space continues, not everyone seems to be equally as scared for the future of digital currencies. Despite the recent Bitcoin sell-off, billionaire and major crypto investor, Tim Draper, seems to believe that a period of recovery is about to start soon. While even the near future of Bitcoin and other digital currencies cannot be predicted with accuracy, Draper believes that Bitcoin value is going to keep getting higher, especially in the next several years. In fact, he even stated that cryptocurrencies will…

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Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double

Venezuela’s President Nicolas Maduro has announced that the price of the petro, his country’s national “cryptocurrency,” has been increased from 3,600 sovereign bolivars to 9,000. While the wallet for the petro is still unavailable, the Venezuelan government continues to sell the digital currency and issue certificates of purchase to buyers. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Price Hike for Petro Maduro announced on state television on Thursday the price increase of the petro, Venezuela’s so-called national “cryptocurrency,” effective on Friday. The announcement was made…

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Bitcoin Cash Price Analysis: BCH/USD Under Pressure Below $180

Key Points Bitcoin cash price failed to trade above $175-180 and declined sharply against the US Dollar. There are two key bearish trend lines formed with resistance near $175 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near the $165 support and it could tumble towards $150 in the near term. Bitcoin cash price struggled to hold gains above $180 against the US Dollar. BCH/USD is under pressure and it looks set to clear the $160 and $150 support levels. Bitcoin…

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