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Review: HTC Exodus 1s, the Full Bitcoin Node Smartphone

When it launched during The Lightning Conference in October 2019, HTC’s Exodus 1s smartphone took on the ambitious mission of endowing Bitcoiners with a device that delivers the security of a hardware wallet and the privacy and sovereignty of a full Bitcoin node.  At a retail price of 219 euro (approximately $245), plus shipping tax, the device is more affordable than a Casa Node and twice as expensive as a Ledger Nano X hardware wallet. Weighing less than 6 ounces and sporting a shiny 5.7-inch screen, the HTC Exodus 1s…

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Blockchain Dispute Resolution Firm to List On London Stock Exchange

A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange. Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean Armstrong said that the company was excited at the prospect of the listing and “look[s] forward to providing investors with the opportunity to share in this groundbreaking project.” Insurance protocol for smart contracts and blockchain transactions The company describes its…

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Bitcoin Price Already Up 25% in 2020 After Hitting $9,000

Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records.  Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait Data from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight. At press time, a slight retracement had sent the pair slightly lower to $8,900, with 24-hour returns still at 3% and weekly performance stronger at almost 16%. Bitcoin holders are currently sitting on monthly gains totaling…

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VC Giant Grayscale Investments Reports Record-Breaking Year

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments.  By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, possibly signaling a larger market trend.  71 percent of the year’s inflow sprung from institutional investors. Managing director Michael Sonnenshein told Cointelegraph:  “We saw record-breaking investment into Grayscale’s family of products, illustrating continued demand from…

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Huobi Joins Blockchain Turkey Platform to Boost Local Ecosystem

Major crypto exchange Huobi becomes a member of the Blockchain Turkey Platform to cooperate with local players on blockchain efforts. Five months after officially entering the Turkish market, Huobi joined the Blockchain Turkey Platform as a “Platinum” member, the global crypto exchange announced on Jan. 15, according to a press release shared with Cointelegraph Turkey. Founded by the Turkish Informatics Foundation in 2018, the Blockchain Turkey Platform (BCTR) is an independent, non-profit organization that aims to create a healthy blockchain ecosystem in Turkey. The platform has members from banking and…

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The Kindest Cut: Why the 2020 Bitcoin Halvening Is the Most Important Yet

In May of 2020, bitcoin will see its next halving: the reduction of the reward for successfully mining a block. The Nakamoto white paper specifies that every 210,000 blocks, the reward for successfully mining a block is cut by half. But while these occur roughly every four years (with the estimated reward dropping to one Satoshi on or around the year 2140), the Bitcoin Halvening of 2020 is particularly momentous. At present, the reward for mining a block is 12.5 BTC; in May, the reward for successfully adding a block…

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Dead Coins and Wallets: The Treasures of Atlantis or Zombie Uprising?

Amid the constantly growing cryptocurrency market, the number of irreversible coins in increasing affecting the whole industry development. The initial coin offering crypto buzz hit all-time high popularity in 2017 when there were 875 projects, a significant jump from 29 in the previous year. 2018 picked up on the trend, introducing a further 1,253 projects. To date, there have been a staggering 5,683 ICO projects with 2,318 of them being cryptocurrencies. Of the total projects, 4,932 are based on the Ethereum platform. However, only a few of these projects have…

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Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M

The Winklevoss’ Gemini Exchange has launched an insurance company to cover up to $200 million for Gemini Custody — reportedly the largest amount for any crypto custody service in the world. Head of risk at Gemini Yusuf Hussain shared the news with Cointelegraph on Jan. 16. The captive insurance company is called Nakamoto, Ltd. and will secure Gemini’s custody business for up to $200 million.  Aiding Nakamoto, Ltd.’s launch were major traditional insurance brokers Aon and Marsh. Gemini’s custodial clients will also reportedly be able to purchase additional insurance from…

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Bitcoin Price Rally to $9K in Danger as a Double Top Pattern Appears

Over the last few hours, Bitcoin price (BTC) swiftly dropped 3% from $8,863 to $8,557 and for the third time in 24 hours bulls were forced to defend the $8,600 support level, which has currently been bought into on each dip.  The pullback came after the digital asset struggled to rise above $9,000, twice testing $8,863 over the past day, which could be interpreted as a take profit signal for traders.  Cryptocurrency market weekly overview. Source: Coin360 BTC USD daily chart. Source: TradingView At the time of publishing, the price…

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More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts. Instagram says deceptive advertisements have no place on its platform and plans to continue improving its detection protocols for such content. Social platforms have been known to censor crypto-related content, instituting blanket bans on crypto ads on several occasions. However, Facebook has recently relaxed this policy amid the roll-out of its own digital currency project. The social media…

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