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Bitcoin Cash Leads the Charge With 31% Price Increase

Written by:
Guest
Published on:
Jun/03/2018

After a series of dips in quick succession, bitcoin cash (BCH) has rebounded sharply over the past six days. The latest downtrend saw prices bottom near $884, which coincided with the broader market’s recent swing low near $303 billion.

Prices have since recovered more than 31% to $1,161.29, which includes a 7% rally on Sunday.  Read More Here

MORE CRYPTOCURRENCY NEWS

Taiwanese Miner Shot by Gangsters After Failing to Deliver on Returns - The bitcoin miner, identified only as Mr. Wu, was shot by two members of the criminal organization ‘Freshwater Gang’. Though shot seven times, the victim did manage to survive.

The Freshwater Gang has invested approximated $50 million TWD (nearly 1.677 million USD into Mr. Wu’s mining operation, and had been expecting quick returns. Mr. Wu was unable to meet the expected initial payment of $10 million TWD (approximately $340,000 USD).  Read More

Cryptocurrency Hackers Are Stealing from EOS's $4 Billion ICO Using This Sneaky Scam - Scammers have breached an internal system of the company behind the record-setting EOS ICO—and succeeded in tricking the cryptocurrency’s investors out of as much as millions of dollars’ worth of their new money.

But while Block.one has sold almost all of its one billion EOS coins to investors, a significant portion of them—along with the cryptocurrency Ethereum often used to purchase EOS—are ending up in the hands of hackers.  Read More Here

- Aaron Goldstein, Gambling911.com

Business/Financial News

Bitcoin Notches Record High, Day After U.S. ETF Debut

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Bitcoin climbed to a record high on Wednesday, and the first U.S. bitcoin futures-based exchange-traded fund (ETF) built on gains after a solid debut on Tuesday.

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U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

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Fake New: How an Elaborate Hoax in the Crypto Space Led to Death Threats

Fake News: How an Elaborate Hoax in the Crypto Space Led to Death Threats

We can probably speak on behalf of CoinGeek when we say, near and dear to our hearts was today's panel on Media Influence: How News Reporting Affects the Digital Asset Market.  Like Gambling911.com, CoinGeek we know strives to report fair and balanced news.  But not every story out there in the digital assets space proves to be factual. 

Bitcoin SV as Turing Complete System

Bitcoin SV as Turing Complete System

There is a controversy that's been emerging in the cryptocurrency community that claims Bitcoin cannot be used as a turing complete system.  In computability theory, a system of data-manipulation rules is said to be Turing-complete or computationally universal if it can be used to simulate any Turing machine, meaning the ability to recognize or decide other data-manipulation rule sets.

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