Bitcoin and cryptocurrency round-up 10 July 2018
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What's happening in cryptocurrency?
Read about crypto problems and solutions, IBM's Australia deal, the unwelcome merits of pumping and dumping, the Bancor hack and Ethereum's price analysis.
1. Cryptocurrency's just a solution that's looking for a problem that's looking for a solution
It's not perfect, and it introduces new problems of its own.
2. Terra Nullius to Nexus Triplicata Australis
Blockchain Australis is coming.
It's coming courtesy of IBM and a very large cheque.
3. Research shows that making more money is more profitable than making less money
Dumping your bags as soon as possible is a great way to minimise risk.
The unnerving part is that it relates to the merits of pumping and dumping ICO purchases.
4. Awkward
Bancor was hacked, so it went down for a while, froze some stolen tokens and contacted centralised exchanges for help.
Ethereum price analysis: Tightrope edition
Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VET, XLM, BTC and NANO.
Disclaimer:
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider,
service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and
involve significant risks – they are highly volatile and sensitive to secondary activity. Performance
is unpredictable and past performance is no guarantee of future performance. Consider your own
circumstances, and obtain your own advice, before relying on this information. You should also verify
the nature of any product or service (including its legal status and relevant regulatory requirements)
and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
Crypto explained
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Latest cryptocurrency news
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- Ethereum price rises sharply despite severe mining disruptions in Kazakhstan
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Picture: Shutterstock
