No, IBM’s Quantum Computer Won’t Break Bitcoin

Featured IBM recently unveiled its Q System One at the Consumer Electronics Show (CES) 2019, with the company describing the quantum computer as being developed for “commercial use.” Despite numerous media outlets again decrying the imminent death of Bitcoin, IBM’s quantum system is not the game-changer that many are heralding it to be. Also Read: Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives IBM Unveils Quantum Computing System IBM’s commercial launch of its new quantum computing system has fueled reports claiming that the technology may spell doom for bitcoin and…

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9 Cryptocurrency Firms Sue Washington State Utility Over 50 Percent Rate Hike

A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Lawsuit Filed Grant County public utility district (Grant PUD) in Washington state has revealed that nine cryptocurrency firms have filed a lawsuit against it and its commissioners relating to the increased…

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Controversial TenX Responds to Outrage, Crypto Community Not Happy

[ad_1] A crypto startup that raised close to $80 million in a 2017’s ICO funding has come in the midst of a controversy. Singapore-based crypto-wallet TenX is facing accusations of insider trading after its co-founder and now-former CEO Julian Hosp allegedly dumped $2.2 million worth of PAY tokens. An internal management scuffle reportedly led to Hosp resigning from all his positions in TenX. In what could have been an emotional response, Hosp allegedly exchanged all his PAY tokens for other assets and sent the entire balance to his Bittrex deposit…

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Will AirSwarp Moon to $5? – Should You Invest in AirSwap? – AST AirSwap CryptoCurrency News

Will AirSwap AST Moon to $5 in Q1 2018? Should you invest in AST AirSwap CryptoCurrency? Make Money Mining Bitcoin Here: https://hashflare.io/r/774D78A6 Great Crypto Products: Get the Best Crypto Wallet Ledger Nano S: https://www.ledgerwallet.com/r/d0ea Online Crypto Wallet: http://cryptopay.me/join/04dc8786 Start Trading CryptoCurrency: Coinbase (BTC ETH LTC BCH): https://www.coinbase.com/join/5a1e15a67c77270157a476e1 Binance (ALTCOINS): https://www.binance.com/?ref=11785856 Cryptopia: https://www.cryptopia.co.nz/Register?referrer=aviatorgaming If you’d like to donate some XRP to support us! Deposit Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh Destination Tag: 107556119 Follow Our Instagram: https://goo.gl/AuKUDn Follow Our Twitter: https://goo.gl/TZf4YS All ICO reviews are paid reviews. All opinions are our own. Do your own…

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The Daily: NYC to Launch Blockchain Center, Wyoming Advances Industry-Friendly Bills

In today’s edition of The Daily, we feature a couple of stories that show how, despite the current downturn in the cryptocurrency markets, different locations in the U.S. are competing to attract the industry. We also cover a new bitcoin investment trust application with the SEC and a rebranding of a crypto exchange. Also Read: Bitwise Asset Management Files With SEC for New Bitcoin ETF NYC to Launch Blockchain Center The New York City Economic Development Corporation has announced it has selected FuturePerfect Labs and Global Blockchain Business Council Future…

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Cryptocurrency Still a Gray Area in Malaysia After Government Deems It ‘Neither Legal nor Illegal’

Malaysia’s government still hasn’t made up its mind on what to do with cryptocurrencies. The country’s finance minister last year warned companies not to issue new tokens, while waiting on the central bank to give clear advice. But Malaysia’s Federal Territories Minister this week said that the government is undecided on whether cryptocurrencies are legal or not.  Also read: Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit A Legal Gray Area Khalid Abdul Samad, Malaysia’s Federal Territories Minister, has said using cryptocurrency is “neither legal nor illegal.” The government…

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Tim Draper Paid $18 Million For His First Bitcoin Batch, What’s it Worth Now?

[ad_1] If someone was to ask about fervent crypto investors, who would come to mind? For most Bitcoin enthusiasts and investors, Mike Novogratz, the Winklevoss Twins, and Tim Draper would be the first mentioned. And for good reason too, as the aforementioned four have invested copious amounts of time, money, and mental capacity into the nascent blockchain world. Tim Draper, often clad in a grey suit, white dress shirt, and purple Bitcoin logo-studded tie, recently divulged his hero origin story, if you will, taking to Coindesk. Related Reading: Tim Draper Keeps $250,000…

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Sideshift App Demonstrates a Trade Between Lightning Network BTC and Tether

Back in October news.Bitcoin.com reported on the influx of development tied to Drivechain, a project initiated by software developer Paul Sztorc. At the time we also covered the project’s extension applications coded by the programmer Andreas Brekken. One of those applications Brekken conceived allowed any Drivenet coins to be swapped between any blockchain protocol. On Friday, an application called Sideshift.ai was used to demonstrate a bitcoin core (BTC) to tether (USDT) swap using the Lightning Network. Also Read: A Look at Some of the ‘Next Generation’ Bitcoin Mining Rigs Available Today…

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