Cryptocurrency Now Rated on Wall Street, OneCoin Raided – Best of the Week

Catch up on last week’s top stories.

http://blog.webhits.io/cryptocurrency-now-rated-on-wall-street-onecoin-raided-best-of-the-week/
Everything Else, #PS4Live

Roger Federer wins Australian Open and 20th major after beating Marin Cilic

Roger Federer beat Marin Cilic in five sets to win the Australian Open and his record extending 20th grand slam title.

http://blog.webhits.io/roger-federer-wins-australian-open-and-20th-major-after-beating-marin-cilic/
Everything Else, #PS4Live

Cryptocurrency Now Rated on Wall Street, OneCoin Raided – Best of the Week

Catch up on last week’s top stories.

from WebHits.io Blog http://blog.webhits.io/cryptocurrency-now-rated-on-wall-street-onecoin-raided-best-of-the-week/

Roger Federer wins Australian Open and 20th major after beating Marin Cilic

Roger Federer beat Marin Cilic in five sets to win the Australian Open and his record extending 20th grand slam title.

from WebHits.io Blog http://blog.webhits.io/roger-federer-wins-australian-open-and-20th-major-after-beating-marin-cilic/

New Project to Fight Deficit of Smart Contract Developers

The modern problem in the Blockchain industry seems to be the shortage of specialists. Thus there is room for a new niche- this time it’s for smart contract generation platforms. #SPONSORED

http://blog.webhits.io/new-project-to-fight-deficit-of-smart-contract-developers/
Everything Else, #PS4Live

Jay-Z on mending his marriage to Beyoncé: We chose to "break that cycle"

Hip-hop star Jay-Z talked candidly Saturday about his determination to save his marriage with singer Beyoncé, telling CNN’s Van Jones that the couple had chosen to “fight for our love.”

http://blog.webhits.io/jay-z-on-mending-his-marriage-to-beyonce-we-chose-to-break-that-cycle/
Everything Else, #PS4Live

NIST Releases Blockchain Report for Businesses Beginners

The U.S. National Institute of Standards and Technology has issued a blockchain report aimed to assist businesses considering adopting the technology.

http://blog.webhits.io/nist-releases-blockchain-report-for-businesses-beginners/
Everything Else, #PS4Live

Tim Enneking Joins MedCredits Advisory Board

Bitcoin Press Release: Tim Enneking, Managing Director of Crypto Asset Management, joins MedCredits as a member of its Advisory Board to build the future of blockchain healthcare.

Mr. Enneking managed the world’s first Bitcoin fund in 2013, and is a leading voice in the blockchain sector with frequent contributions in Forbes, Bloomberg, Investopedia, CoinDesk and appearances on CNBC.

“I’ve gone back and forth with the MedCredits team since early 2017,” says Mr. Enneking. “This team knows blockchain. The founders have been in the blockchain and altcoin space for years now. With MedCredits, they have a very simple and practical vision. Decentralize telemedicine to give patients worldwide access to affordable medical care. With a 16-member team, including five US medical doctors, they have the know-how to make this happen.”

Mr. Enneking will lend his expertise in asset management, networking, financing and business development to MedCredits.

“Mr. Enneking will be a great asset to our team,” says James Todaro, MD and CEO of MedCredits. “People often don’t realize how many moving parts there are to launching an ICO and properly building a network. Tim will help with that. If he doesn’t know something, he will know the right people to make the process run smoothly.”

MedCredits has already completed development of the Alpha release of its first decentralized telemedicine app, Hippocrates, which runs on IPFS and the Ethereum blockchain.

The Presale for the MEDX token launches in March 2018. For more information, please visit https://medcredits.io.

About MedCredits

MedCredits is the first decentralized healthcare platform connecting patients and doctors worldwide for medical services. By decentralizing medicine, MedCredits creates a free-market system providing more affordable and efficient healthcare than currently available. The first software release ‘Hippocrates’ is a user-friendly app released in December 2017 on the MedCredits platform connecting patients with skin ailments to dermatologists for fast diagnoses at a fraction of the cost.

Get the latest in Asian Bitcoin news here at Coin News Asia.

For more information on press releases, please do contact us at info@coinnewsasia.com or use our contact form.

The post Tim Enneking Joins MedCredits Advisory Board appeared first on Coin News Asia.

http://blog.webhits.io/tim-enneking-joins-medcredits-advisory-board/
Everything Else, Bitcoin

Mainstream media says “Bitcoin is not a currency”

A few days ago, a national news outlet CNBC released an article claiming that Bitcoin is not a currency, sourcing this opinion from a digital currency entrepreneur, Balaji Srinivasan the CEO of Earn.com, a crypto project that we’ve discussed here on Crypto-News.net a couple of months ago.

Bitcoin has grown up to the point where it is no longer viable to use it to make payments. The network is too slow, the transaction fees are too large, and it works less and less as a currency, but rather like an investment vehicle.

Bitcoin has grown far too large, and it becomes apparent every day that it no longer serves as a currency. While there are some implementations at work, such as MAST, and a working model of Schnorr’s Signature, there is no clear line of development as to how Bitcoin will overcome the transactional bottlenecks, and high transaction fees.

Instead, we predict that the ecosystem will look toward other cryptocurrencies to fill in the various missing roles that we expect from money. Status, EOS, Ethereum, Electroneum, as well as others are more suitable for making fast and easy transactions, for a relatively cheap price, compared to Bitcoin right now.

Bitcoin is the backbone of the decentralized world, and it is here to stay and grow, but other developments are ready to catch up to the giant. Developments have started to be deployed on top of it, such as the Lightning network, which will use Bitcoin as a platform. There are other Bitcoin dependent blockchains, such as CounterParty, whose blockchain is intertwined in the Bitcoin blockchain.

In a video in CNBC’s article, Balaji Srinivasan says:

“Bitcoin has a lock on the digital gold application, for which longevity is very important. Bitcoin’s market cap in the long term continues to rise, but its market share, as a percentage of total coin market capitalization, will continue to fall.”

Later on, he added that “Bitcoin is potentially the best store of value available in the world”, but as other currencies grow Bitcoin is going to get less and less percentage of the total market cap. That is a really good thing, as it means that the market itself is growing and expanding, which is pretty much good for everybody involved.

Conclusion

The journalist that wrote the article for CNBC phrases it very nicely in her tweet promoting the writing:

The real value of #Bitcoin: despite the name, the digital coins are best used as an investment, not as a form of payment. https://t.co/ZUlOxbnFIZ @CNBC

— Kellie Autumn Ell 가을 (@KellieAutumnEll) January 25, 2018

http://platform.twitter.com/widgets.js

And I happen to agree with her!

As you read above, Bitcoin has become very unsustainable as a payment system for small amounts, and unless it is deposited on an exchange, the fees associated with moving it from one wallet to another are just too much if you are looking to spend $100, and can end up costing upwards of $25.

Although to be fair, the fees have gone down a little bit since the implementation of the Lightning Network, but I assume it has more to do with the relative stability of the Bitcoin price, rather than the usage and utility from the network.

For large amounts, Bitcoin is still the number one cryptocurrency, because of its stability (as a service), security, and relatively low transaction fees. This isn’t contradictory, as making larger payments with Bitcoin costs relatively the same as making small payments, depending on the inputs and outputs necessary to facilitate the transactions.

Source

Featured image via BigStock.

http://blog.webhits.io/mainstream-media-says-bitcoin-is-not-a-currency/
Freelance, #PS4Live

HQ to trivia winners: No more minimum balance for cashing out

Winning HQ Trivia is hard. Actually obtaining that money was even harder, until this week. 

SEE ALSO: HQ trivia trick changes your app color to rainbow

Prior to Friday, HQ’s required users to have at least $20 in the bank before they could withdraw the amount. Users also had only 90 days to cash out, according to HQ’s terms of service, as Vox revealed this week. 

That means winners like Mashable managing editor Annie Colbert, who won twice (with help) but only in small amounts, were unable to actually take home the cash.

But HQ apparently heard our concerns. The company removed the minimum balance of $20 so winners can cash out immediately.  Read more…

More about Apps And Software, Web Culture, Hq Trivia, Scott Rogowsky, and Tech

http://blog.webhits.io/hq-to-trivia-winners-no-more-minimum-balance-for-cashing-out/
Freelance, $1000/month

Why Jay-Z and Kendrick Lamar's Grammy battle for Album of the Year is worth watching

In many ways, you could think of this year’s Grammy Awards as a huge market correction.

This time last year was, after all, when Adele took the crown for Album of the Year over Beyoncé’s triumphant and critically acclaimed Lemonade, much to the chagrin of the entire internet. It reignited a tired debate about representation and the Grammys, scrutinizing the awards for how it had long failed to incorporate diversity and artists of color.

SEE ALSO: Our 10 favorite albums of 2017

This year, however, feels a bit different. There two favorites among the five vying for the Grammys top category, Album of the Year: Jay-Z, for his piercing and revealing autobiographical work on 4:44, and Kendrick Lamar and his work on DAMN, a furious record that’s as much a 14-track story as a masterclass display of lyrical dexterity. Read more…

More about Entertainment, Beyonce, Grammys, Kendrick Lamar, and Adele

http://blog.webhits.io/why-jay-z-and-kendrick-lamars-grammy-battle-for-album-of-the-year-is-worth-watching/
Everything Else, #PS4Live

Take a refresher course in physics because you definitely weren't paying attention in high school

Heads up: All products featured here are selected by Mashable’s commerce team and meet our rigorous standards for awesomeness. If you buy something, Mashable may earn an affiliate commission.

When you were a kid, being forced to learn things was the worst. You coasted through school doing the least amount of work possible and filled your free time with mindless garbage. But when you became an adult, you suddenly realized that you don’t know half of what you thought you did. Fortunately, it’s never too late to become a learned person, and a great place to start is by taking a course in physics. (Yes physics. Stick with us here.) Read more…

More about Physics, Mashable Shopping, Shopping Stackcommerce, Shopping Solo, and Shopping Onlinelearning

http://blog.webhits.io/take-a-refresher-course-in-physics-because-you-definitely-werent-paying-attention-in-high-school/
Everything Else, #PS4Live

Why America's economy is so healthy

President Trump took sole credit for the U.S. economy’s gains under his watch. However, a major pick up in global growth helped buoy, U.S. profits, stocks and jobs.

http://blog.webhits.io/why-americas-economy-is-so-healthy/
Make Money, #PS4Live

If you're frustrated with Bitcoin, it's time to learn how to invest in some other cryptocurrencies

Heads up: All products featured here are selected by Mashable’s commerce team and meet our rigorous standards for awesomeness. If you buy something, Mashable may earn an affiliate commission.

If you were an early investor in Bitcoin, you may remember that the now volatile cryptocurrency was once comparable to the honeymoon phase of a fun, new relationship. You watched your earnings increase on the daily, read constant pro-Bitcoin headlines, and felt smart for investing. However, it now feels like you’re in one of those unpredictable roller coaster relationships, where breaking up occurs every other week.  Read more…

More about Bitcoin, Ripple, Ethereum, Cryptocurrency, and Litecoin

http://blog.webhits.io/if-youre-frustrated-with-bitcoin-its-time-to-learn-how-to-invest-in-some-other-cryptocurrencies/
Make Money, #PS4Live

New Project to Fight Deficit of Smart Contract Developers

The modern problem in the Blockchain industry seems to be the shortage of specialists. Thus there is room for a new niche- this time it’s for smart contract generation platforms. #SPONSORED

from WebHits.io Blog http://blog.webhits.io/new-project-to-fight-deficit-of-smart-contract-developers/

Jay-Z on mending his marriage to Beyoncé: We chose to "break that cycle"

Hip-hop star Jay-Z talked candidly Saturday about his determination to save his marriage with singer Beyoncé, telling CNN’s Van Jones that the couple had chosen to “fight for our love.”

from WebHits.io Blog http://blog.webhits.io/jay-z-on-mending-his-marriage-to-beyonce-we-chose-to-break-that-cycle/

NIST Releases Blockchain Report for Businesses Beginners

The U.S. National Institute of Standards and Technology has issued a blockchain report aimed to assist businesses considering adopting the technology.

from WebHits.io Blog http://blog.webhits.io/nist-releases-blockchain-report-for-businesses-beginners/

Tim Enneking Joins MedCredits Advisory Board

Bitcoin Press Release: Tim Enneking, Managing Director of Crypto Asset Management, joins MedCredits as a member of its Advisory Board to build the future of blockchain healthcare.

Mr. Enneking managed the world’s first Bitcoin fund in 2013, and is a leading voice in the blockchain sector with frequent contributions in Forbes, Bloomberg, Investopedia, CoinDesk and appearances on CNBC.

“I’ve gone back and forth with the MedCredits team since early 2017,” says Mr. Enneking. “This team knows blockchain. The founders have been in the blockchain and altcoin space for years now. With MedCredits, they have a very simple and practical vision. Decentralize telemedicine to give patients worldwide access to affordable medical care. With a 16-member team, including five US medical doctors, they have the know-how to make this happen.”

Mr. Enneking will lend his expertise in asset management, networking, financing and business development to MedCredits.

“Mr. Enneking will be a great asset to our team,” says James Todaro, MD and CEO of MedCredits. “People often don’t realize how many moving parts there are to launching an ICO and properly building a network. Tim will help with that. If he doesn’t know something, he will know the right people to make the process run smoothly.”

MedCredits has already completed development of the Alpha release of its first decentralized telemedicine app, Hippocrates, which runs on IPFS and the Ethereum blockchain.

The Presale for the MEDX token launches in March 2018. For more information, please visit https://medcredits.io.

About MedCredits

MedCredits is the first decentralized healthcare platform connecting patients and doctors worldwide for medical services. By decentralizing medicine, MedCredits creates a free-market system providing more affordable and efficient healthcare than currently available. The first software release ‘Hippocrates’ is a user-friendly app released in December 2017 on the MedCredits platform connecting patients with skin ailments to dermatologists for fast diagnoses at a fraction of the cost.

Get the latest in Asian Bitcoin news here at Coin News Asia.

For more information on press releases, please do contact us at info@coinnewsasia.com or use our contact form.

The post Tim Enneking Joins MedCredits Advisory Board appeared first on Coin News Asia.

from WebHits.io Blog http://blog.webhits.io/tim-enneking-joins-medcredits-advisory-board/

Mainstream media says “Bitcoin is not a currency”

A few days ago, a national news outlet CNBC released an article claiming that Bitcoin is not a currency, sourcing this opinion from a digital currency entrepreneur, Balaji Srinivasan the CEO of Earn.com, a crypto project that we’ve discussed here on Crypto-News.net a couple of months ago.

Bitcoin has grown up to the point where it is no longer viable to use it to make payments. The network is too slow, the transaction fees are too large, and it works less and less as a currency, but rather like an investment vehicle.

Bitcoin has grown far too large, and it becomes apparent every day that it no longer serves as a currency. While there are some implementations at work, such as MAST, and a working model of Schnorr’s Signature, there is no clear line of development as to how Bitcoin will overcome the transactional bottlenecks, and high transaction fees.

Instead, we predict that the ecosystem will look toward other cryptocurrencies to fill in the various missing roles that we expect from money. Status, EOS, Ethereum, Electroneum, as well as others are more suitable for making fast and easy transactions, for a relatively cheap price, compared to Bitcoin right now.

Bitcoin is the backbone of the decentralized world, and it is here to stay and grow, but other developments are ready to catch up to the giant. Developments have started to be deployed on top of it, such as the Lightning network, which will use Bitcoin as a platform. There are other Bitcoin dependent blockchains, such as CounterParty, whose blockchain is intertwined in the Bitcoin blockchain.

In a video in CNBC’s article, Balaji Srinivasan says:

“Bitcoin has a lock on the digital gold application, for which longevity is very important. Bitcoin’s market cap in the long term continues to rise, but its market share, as a percentage of total coin market capitalization, will continue to fall.”

Later on, he added that “Bitcoin is potentially the best store of value available in the world”, but as other currencies grow Bitcoin is going to get less and less percentage of the total market cap. That is a really good thing, as it means that the market itself is growing and expanding, which is pretty much good for everybody involved.

Conclusion

The journalist that wrote the article for CNBC phrases it very nicely in her tweet promoting the writing:

The real value of #Bitcoin: despite the name, the digital coins are best used as an investment, not as a form of payment. https://t.co/ZUlOxbnFIZ @CNBC

— Kellie Autumn Ell 가을 (@KellieAutumnEll) January 25, 2018

http://platform.twitter.com/widgets.js

And I happen to agree with her!

As you read above, Bitcoin has become very unsustainable as a payment system for small amounts, and unless it is deposited on an exchange, the fees associated with moving it from one wallet to another are just too much if you are looking to spend $100, and can end up costing upwards of $25.

Although to be fair, the fees have gone down a little bit since the implementation of the Lightning Network, but I assume it has more to do with the relative stability of the Bitcoin price, rather than the usage and utility from the network.

For large amounts, Bitcoin is still the number one cryptocurrency, because of its stability (as a service), security, and relatively low transaction fees. This isn’t contradictory, as making larger payments with Bitcoin costs relatively the same as making small payments, depending on the inputs and outputs necessary to facilitate the transactions.

Source

Featured image via BigStock.

from WebHits.io Blog http://blog.webhits.io/mainstream-media-says-bitcoin-is-not-a-currency/

HQ to trivia winners: No more minimum balance for cashing out

Winning HQ Trivia is hard. Actually obtaining that money was even harder, until this week. 

SEE ALSO: HQ trivia trick changes your app color to rainbow

Prior to Friday, HQ’s required users to have at least $20 in the bank before they could withdraw the amount. Users also had only 90 days to cash out, according to HQ’s terms of service, as Vox revealed this week. 

That means winners like Mashable managing editor Annie Colbert, who won twice (with help) but only in small amounts, were unable to actually take home the cash.

But HQ apparently heard our concerns. The company removed the minimum balance of $20 so winners can cash out immediately.  Read more…

More about Apps And Software, Web Culture, Hq Trivia, Scott Rogowsky, and Tech

from WebHits.io Blog http://blog.webhits.io/hq-to-trivia-winners-no-more-minimum-balance-for-cashing-out/

Why Jay-Z and Kendrick Lamar's Grammy battle for Album of the Year is worth watching

In many ways, you could think of this year’s Grammy Awards as a huge market correction.

This time last year was, after all, when Adele took the crown for Album of the Year over Beyoncé’s triumphant and critically acclaimed Lemonade, much to the chagrin of the entire internet. It reignited a tired debate about representation and the Grammys, scrutinizing the awards for how it had long failed to incorporate diversity and artists of color.

SEE ALSO: Our 10 favorite albums of 2017

This year, however, feels a bit different. There two favorites among the five vying for the Grammys top category, Album of the Year: Jay-Z, for his piercing and revealing autobiographical work on 4:44, and Kendrick Lamar and his work on DAMN, a furious record that’s as much a 14-track story as a masterclass display of lyrical dexterity. Read more…

More about Entertainment, Beyonce, Grammys, Kendrick Lamar, and Adele

from WebHits.io Blog http://blog.webhits.io/why-jay-z-and-kendrick-lamars-grammy-battle-for-album-of-the-year-is-worth-watching/

Take a refresher course in physics because you definitely weren't paying attention in high school

Heads up: All products featured here are selected by Mashable’s commerce team and meet our rigorous standards for awesomeness. If you buy something, Mashable may earn an affiliate commission.

When you were a kid, being forced to learn things was the worst. You coasted through school doing the least amount of work possible and filled your free time with mindless garbage. But when you became an adult, you suddenly realized that you don’t know half of what you thought you did. Fortunately, it’s never too late to become a learned person, and a great place to start is by taking a course in physics. (Yes physics. Stick with us here.) Read more…

More about Physics, Mashable Shopping, Shopping Stackcommerce, Shopping Solo, and Shopping Onlinelearning

from WebHits.io Blog http://blog.webhits.io/take-a-refresher-course-in-physics-because-you-definitely-werent-paying-attention-in-high-school/

Why America's economy is so healthy

President Trump took sole credit for the U.S. economy’s gains under his watch. However, a major pick up in global growth helped buoy, U.S. profits, stocks and jobs.

from WebHits.io Blog http://blog.webhits.io/why-americas-economy-is-so-healthy/

If you're frustrated with Bitcoin, it's time to learn how to invest in some other cryptocurrencies

Heads up: All products featured here are selected by Mashable’s commerce team and meet our rigorous standards for awesomeness. If you buy something, Mashable may earn an affiliate commission.

If you were an early investor in Bitcoin, you may remember that the now volatile cryptocurrency was once comparable to the honeymoon phase of a fun, new relationship. You watched your earnings increase on the daily, read constant pro-Bitcoin headlines, and felt smart for investing. However, it now feels like you’re in one of those unpredictable roller coaster relationships, where breaking up occurs every other week.  Read more…

More about Bitcoin, Ripple, Ethereum, Cryptocurrency, and Litecoin

from WebHits.io Blog http://blog.webhits.io/if-youre-frustrated-with-bitcoin-its-time-to-learn-how-to-invest-in-some-other-cryptocurrencies/

Coinbase Secures Former Twitter VP, Tina Bhatnagar

She joins Coinbase as its VP of Operations and Technology

from WebHits.io Blog http://blog.webhits.io/coinbase-secures-former-twitter-vp-tina-bhatnagar/

Conservatives push Ryan for vote on hardline immigration bill

As Senate moderates pushed their leader to make a commitment to have a bipartisan immigration vote, House conservatives on Tuesday were pushing their leadership to tack to the right on the issue.

from WebHits.io Blog http://blog.webhits.io/conservatives-push-ryan-for-vote-on-hardline-immigration-bill/