Immediately after #Canada announces has legalized recreational #marijuana, Vancouver-based DMG #Blockchain Solutions Inc. announces they plan on using a blockchain based system to monitor and track #cannabis in multiple ways 🇨🇦 #canadacannabis
#Bitcoins are mined in units called “#blocks”. As of today, the reward for completing a block is 12.5 bitcoin. However, the electricity costs end up being so substantial that many #miners barely break even. 🤷♂️ #cryptocommunity
Roughly $450 billion of remittances flow to developing countries every year.
Payments take ages to settle and fees make up 1-12% due to a lack of competition.
Well now you have competition
Be prepared to get disrupted
Bitcoin isn't going away
#BitBox, the #cryptocurrency#exchange launched by Japanese messenger service #LINE, has announced its listing of their own #coin that will be trading against all major #crypto assets. The LINK #token (#LN) will be exclusive to BitBox 🈂️
#Fidelity Investments has launched a #cryptocurrency#trading platform. Entitled, Fidelity #Digital Asset Services, the new company will offer trading and custody services to hedge funds, family offices, and other market participants 🏦
#Tron recently announced a partnership with an “IT giant”. Many believe the mystery partner to be #Baidu, the #google of #China, though it is still unconfirmed 🇨🇳 TRX
The American Association of Retired Persons #magazine defines #bitcoin as “a bunch of computer code that a bunch of criminals, idealists and speculators agree is worth ‘real’ #money... ” and #twitter reacts. #Crypto#CryptocurrencyNews
The IMF is worried about what the rapid growth of #bitcoin and other #digital assets will do to the international financial system. World banks have been adjusting to the rise of bitcoin while financial regulators attempt to get a handle on the #blockchain phenomenon. #cryptonews
#Tron founder, @justinsuntron, announces new update will make #TRX#coin faster than #Ethereum and more cost efficient than #EOS. The #token has seen an 8% surge in price since the #news broke but has since receded a few points.
Recently, Lithuanian authorities gathered to discuss the threats and potential benefits of #ICO’s to the country’s #economy. The country has pledged to create a formalized regulatory environment for #cryptocurrencies and related products 🇱🇹
This is due mostly to the fact that #Ripple has no miners and fees are paid to miners as an incentive for using their computing power to help process transactions 🖥 #Mining#Bitcoin#Ethereum#cryptoconcept
#Ethereum & #Litecoin could be looking at a major boost in price after TD Ameritrade announces they will be investing in new #crypto exchange, ErisX. TDs 11 million customers can already trade #bitcoin#futures, and the bank hopes to open up more crypto products in the future 🏦