Bitcoin 

Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’

Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive. Wu to staff: do not talk to Micree Ketuan Zhan In a translation of an email from Oct. 29 quoted by crypto news outlet CoinDesk, Bitmain co-founder Jihan Wu said that fellow co-founder Micree Ketuan Zhan had left the company. “Bitmain’s co-founder, chairman, legal representative and executive director Jihan Wu has decided to dismiss all roles of Ketuan Zhan, effective immediately,” it reportedly read.…

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Bitcoin 

Bitcoin Below $8K Is a Buy Zone, Says Crypto Hedge Fund Co-Founder

Joel Birch, the founder of crypto hedge fund and market research firm Lunar, said that he sees Bitcoin (BTC) at under $8,000 as a buying opportunity during an interview with Forbes published on Oct. 23. Buying bottom and selling top does not work Birch also explained that he does not believe in trying to time buying at bottoms and selling at the tops to be a good strategy. Instead, he is of the idea that “averaging in and averaging out is the best strategy.” This is a strategy in which…

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Ethereum 

Glassnode Co-Founder Says On-Chain Data Can Spot Bitcoin’s Tops and Bottoms

Blockchains produce huge amounts of data and it seemed that only data scientists and blockchain research firms like Chainalysis and CipherTrace were making use of it. Recently, crypto investors like Willy Woo and Philip Swift have begun to incorporate on-chain data into their rigorous Bitcoin analyses and the results have been astounding.  Despite these efforts, on-chain data remains something of an enigma amongst crypto investors. To clear up the confusion, Cointelegraph decided to sit down with Rafael Schultze-Kraft, the co-founder of on-chain market intelligence platform Glassnode.  Cointelegraph: Let’s start with…

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Bitcoin 

Bitcoin Is a Truth Machine, Says Gold Bullion International Co-Founder

Gold Bullion International co-founder Dan Tapiero analyzed Bitcoin’s (BTC) value as a truth machine. Tapero made his regards during an interview with business news outlet AlphaWeek published on Sept. 10. He said: “What it is is an invention, and I think it should be referred to as an invention rather than all the other things. It’s a, you know, what it really is […] It’s a truth machine. […] It’s a way to eradicate all fraud or lying by human beings.” Bitcoin is a reward for network maintenance He also…

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Bitcoin 

Co-founder of LinkedIn Presents Crypto Rap Video: Hamilton vs. Satoshi

Reid Hoffman, co-founder of LinkedIn, decided to let Alexander Hamilton, one of the founding fathers of the United States, face-off against Bitcoin (BTC) creator Satoshi Nakamoto in an epic crypto-rap-battle video. Cryptocurrency debate between actor-rappers playing Hamilton and Satoshi On Sept. 5, Hoffman released a new hip-hop rap battle video which shows Alexander Hamilton, the founder of the United States financial system and central bank, fighting in rap-battle-style for the merits of centralized currencies against the mysterious Bitcoin creator Satoshi Nakamoto. Hoffman said that he was inspired by watching the…

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Bitcoin 

Square Crypto Hires Blockstream Co-Founder, Open Source Bitcoin Dev

Square Crypto, the cryptocurrency-focused branch of mobile payment company Square, has hired Blockstream co-founder and Bitcoin (BTC) developer Matt Corallo. Square Crypto announced the news in an official Twitter post on Aug. 20. Matt Corallo also commented on the announcement, saying: “So excited to be joining the @sqcrypto team over the coming weeks. Experimenting with different models to accelerate Bitcoin OSS is awesome!” As indicated in his Twitter post, Corallo is a Bitcoin Open Source Developer who previously worked at Bitcoin development company Chaincode Labs. Per his LinkedIn profile, Corallo…

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Ethereum 

BitMEX Co-Founder Pledges to Donate Personal Fortune to Combat Global Challenges

The co-founder of crypto derivatives exchange BitMEX, Ben Delo, has joined over 200 other billionaires by pledging to donate the majority of his wealth to charitable causes. The Giving Pledge, founded by Bill and Melinda Gates along with Warren Buffet, is an initiative for the super-rich to commit more than half their wealth to charitable causes. In December of last year, Coinbase CEO Brian Armstrong became the first crypto entrepreneur to sign the pledge. BitMEX’s Delo, who is 35, wrote in his pledge in April that he will use his…

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Ethereum 

Wiki’s Co-Founder Larry Sanger on Internet, Blockchain and Knowledge

Intellectual of the innovative industry, innovator of the concept of intellectuality, experimentator with technologies and educator by dedication, before co-founding Wikipedia in 2001, Larry Sanger studied and taught philosophy, being interested especially in epistemology — i.e., the science of knowledge.  It was in college that he started thinking of the internet as a potential way of decentralizing knowledge. His early project in this regard was a web forum for discussions between tutors and students, who could thus communicate outside the usual academic environment. Sanger explained: “The thing that drives me…

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Cryptocurrency 

Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment

The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry news outlet FinanceFeeds reported on July 12. The proceedings against Montroll began last year. In July 2018, Montroll pleaded guilty to obstruction of justice, admitting that he provided false balance statements to the United States Securities and Exchange Commission in an investigation of the fake 6,000 BTC BitFunder hack in 2013. The proceedings against Montroll ended on July 11,…

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Ethereum 

Ethereum Co-Founder Mihai Alisie Concerned Over Libra Centralization

Ethereum’s co-founder Mihai Alisie is extremely concerned that Facebook is attempting to hoodwink regulators into approving a centralized “cryptocurrency,” according to a report by Bloomberg on July 11. In an interview with Bloomberg, Alisie stressed that Facebook is attempting to get regulator approval for its yet-to-be-released virtual currency Libra by claiming that it will not be centrally controlled by Facebook, or other business giants, five years down the line. Alisie reportedly said that Facebook intends “to mislead the regulators who have learned in the last few years that blockchain is…

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