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Hodler’s Digest, August 5-12: You Can’t Actually Buy A Frappucino With Bitcoin, But You Can Ship More Things On Blockchain

The US DEA actually encourages people to keep using cryptocurrencies, and the WSJ releases a report exposing a variety of “pump and dump” schemes.

9 min
Bucket full of crypto for watching porn? Tube8 & VIT partnership is offering you so

Movies empty your popcorn bucket and pockets. But what Tube8 is trying to do, will fill your empty popcorn buckets with cryptocurrencies. Tube8, a top streaming and downloading pornographic website, has tokenized its platform and announced reward in the form of cryptocurrency for its content viewers. Users will be rewarded for streaming and interacting with videos on the Tube8 platform.

Tube8 and VIT to reward with crypto

This has been made possible after the subsidiary of Pornhub struck a partnership with Vice Industry Token (VIT), an adult entertainment cryptocurrency and blockchain, which is revolutionizing the way you enjoy adult entertainment. Adult entertainment already bears the reputation of being an initial adopter of blockchain technology and with the partnership might possibly be one of the most noteworthy breakthrough of blockchain into the mainstream. Robin Turner, a Tube8 spokesperson sees the partnership as a “paradigm shift” in the adult entertainment industry, has reportedly said that the two companies have aimed to expand their user bases and enhance the engagements with “their respective products”. “For as long as I can remember, getting paid to watch porn was always a pipedream; one that was always dreamed about, but never fully realized. Now however, with the introduction of VIT, we are marking a paradigm shift in how people consume adult entertainment. As opposed to having to fork over money to consume content, which some sites require, our users will get paid to consume our free content. The more they interact with our videos, the more money they earn.” Users will be able to avail this facility by the end of the current year. Explaining how the blockchain of VIT works, Turner said that the blockchain is based on Graphene and has the capability to handle the required number of transactions without accepting any fee, “unlike Ethereum”. Fully decentralized VIT, employs a Delegated Proof-of-Stake (DPoS). “It is the only true working fork of Steem in existence,” he added.   Image via Shutterstock Join our Telegram group

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11 min
Chinese Police Arrest Hackers Behind $87 Million Cryptocurrency Theft

Chinese police have reportedly arrested three suspected hacked alleged to have stolen bitcoins and other cryptocurrencies worth $87 million.

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17 min
Bitcoin and Ethereum: A Look At The Week Ahead

It was a pretty uneventful weekend for crypto traders. While we saw a decent bounce off the lows for Bitcoin, Ethereum and alts, many crypto traders are still on the sidelines trying to make sense of what the heck happened. Stories of moon, lambo and riches have instead turned to depression, anxiety, and fear. As a …

27 min
Cardano Price Analysis: ADA/USD Remains Supported Above $0.090

Cardano price is following a bullish path against the US Dollar and Bitcoin. ADA/USD is likely to move past $0.1000 and $0.1100 for more gains in the near term.

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28 min
BTC
A Group of Criminals Have Stolen $ 87 M Worth of Bitcoin and Altcoins

Chinese authorities arrested a group of cybercriminals who stole Bitcoin and altcoins worth $ 87 million.

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36 min
Police Arrest Hackers Suspected of Stealing $87 Million in Crypto

Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million.

coindesk.com
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37 min
Highlights of the AMA with Brendan Eich, CEO of Brave & Basic Attention Token

HBrendan Eich, CEO of Brave & Basic Attention Token had an AMA with the BAT community on August 18, 2018. Here are the highlights of the Q&A.

42 min
BTC
Crypto Roundup – 18 August 2018

Nine coins from the top 10 coins by 24-hour volume posted positive changes, ranging from 0.6% to 16%. Crypto exchange Huobi announces five partnerships to further its expansion efforts. Coinbase files patent to make direct Bitcoin payments more secure for customers.

46 min
$87 million cryptocurrency theft in China: Highly-skilled hacker trio arrested

Chinese police have arrested three persons for allegedly stealing bitcoins and other cryptocurrencies worth $87 million, Chinese news agency Xinhua reported on Saturday. The three individuals are caught on August 15 in Hunan, Changchun provinces, and Beijing respectively, after a months-long probe. See also: Monero [XMR] experiences steep decline in hashrate; community delighted The report says a victim, who goes by the name Zhang, approached police in the northwestern city Xi’an after he allegedly lost crypto assets worth $14.5 million. He gave a complaint in March. The police investigated the matter with the help of many internet firms. They learned that a person Zhou (surname) hacked Zhang’s personal computer and stole his crypto assets. The investigating officers later identified Zhou’s partners, apparently highly-skilled hackers, the report stated. The trio had been accused of breaking into the networks of corporations and individuals and getting away with 600 million yuan ($87 million) as per estimates. Earlier, 20 persons were arrested in Dalian city of China for allegedly using crypto mining malware to infect over a million computers. They reportedly earned over $2 million in a span of two years.

$300 mn Bitcoin scam: Indian cops nab two more in ponzi scheme case

The crime branch police have arrested two more involved in the ponzi Bitcoin scheme that duped thousands of cryptocurrency investors. The duo is said to be close aides of Amit Bhardwaj, the kingpin of the multi-million Bitcoin [BTC] scam. They are accused of marketing the schemes to lure gullible consumers. Pune police arrested Amit Bhardwaj on April 5 from the Delhi airport. He is believed to be the mastermind behind scamming thousands of Indians. He allegedly made a fortune of $300 million (approximately 2,000 crore INR). “The duo were involved in marketing the scheme. They had lured hundreds of people and then disappear. We are investigating the case and are also finding out the number of people that have been duped,” a police official said. Image via Shutterstock Join our Telegram group

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53 min
Cryptocurrency Market Update: Tezos Jumps on Coinone Listing

FOMO Moments Markets inch up slowly; Tezos, VeChain, and Ontology getting a good start to the week. Crypto markets have been pretty inactive over the Crypto markets have been pretty inactive over the weekend. This is good news as there has not been another drop and total capitalization has actually increased a little and is now just over $215 billion.

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54 min
EOS
EOS Alliance Launched to “Empower EOS For All”

A global group of EOS blockchain community members and Block Producers unveiled EOS Alliance, a new coordinating group aimed at further unlocking the full potential of EOS by providing a platform for collaborative, transparent decision-making and information-sharing within the EOS community. The formation of EOS Alliance has been endorsed by most of the influential stakeholders in the EOS community including over 30 EOS block producers. EOS Alliance Launches With The Mandate to “Empower EOS For All” – Medium: Steemit: #blockchain $eos #cryptocurrency @EOS_io @BrendanBlumer @bytemaster7 @brockpierce — EOS Alliance (@eosalliance1) 17 August 2018 According to the official press release, EOS Alliance will: Facilitate multi-language conversations (initially in English, Korean and Chinese) and education around key ecosystem issues, debates and developments. Refrain, in accordance with its bylaws (now being drafted), from gaining any

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54 min
How Blockchain Can Increase Accessibility to Stem Cell Therapy

We are living in a high-tech age where space travel, virtual reality, robots, and artificial intelligence are no longer confined to the realm of science

1 h
EOS
EOS Announces Non-Profit Governance Group, Board Includes R&B Singer Akon

EOS, the blockchain network that raised $4 billion in startup funding, has launched a new, non-profit initiative called the ‘EOS Alliance’, with the apparent purpose of making the system more transparent, according to an official blog post published in Medium. The EOS Alliance will “Empower EOS For All”. Its founding board members include Galia Benartzi, …

1 h
BTC
Three Cryptos Including VeChain Surge More Than 60% in Just One Week

While Bitcoin has drifted between $6,000 and $6,500 over the past week, three coins have surged above and beyond the pack. VeChain (VET) VeChain soared 64% in the last seven days, according to the latest market data on WorldCoinIndex. The coin rose as more and more exchanges, including Singapore-based Huobi, completed VeChain’s token transfer, migrating …

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Cardano
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