Cheers, Tim: Bitcoin’s Stellar 2016 Means New Year’s Toasts For All
At the end of Bitcoin’s rags-to-riches year, it’s hard to think of a bigger industry winner than Tim Draper – the ‘Warren Buffett’ of Bitcoin. An $18 Million HODL. The venture capitalist, who purchased just shy of 32,000BTC at two US government auctions in 2014, is now sitting on a Bitcoin fortune of around $31 million. Compare that to the wholesale price he paid at the time – even during an uptick to $650, the haul ‘only’ cost Draper $18 million. Bitcoin’s current (almost) unprecedented highs have taken the investor’s net worth well north of $1 billion, leaving other Bitcoin celebrities....
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The concept of using digital currencies as a means of tipping has entered a new phase with Cheers, a bitcoin-powered service that could create additional revenue streams for performing artists. Cheers pairs a mobile platform that enables bitcoin tips to be sent to musicians with a social network structure that allows users to share information, send messages to friends and search for new artists to support. The company's co-founder Justin Womersley told CoinDesk that he believes Cheers could reinvigorate an industry that has seen falling revenues for performing artists. Cheers, he says,....
Stellar Foundation to give away lumen crypto-tokens to all bitcoin holders in the coming months. It is good news for those bitcoin users with a streak of altruism in their blood. Stellar Foundation is giving away a significant number of lumen, the crypto-tokens used by Stellar protocol to bitcoin users. According to the latest announcement from the Stellar Foundation, 19 percent of the total lumens initially created will be distributed among bitcoin users, starting July 4, 2016. By giving away 19 billion lumens to the Bitcoin community, Stellar hopes to involve the bitcoin community....
The Stellar Development Foundation (SDF) will enable an automated market maker (AMM) functionality via Protocol 18. The implementation will take place with a network upgrade, but a specific date is yet to be revealed. In an official post, the SDF claims that the new functionality will help improved market liquidity. The Stellar Network has been […]
Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD coin (USDC), a popular stablecoin, to simplify and accelerate the process of sending remittances. This also means that Moneygram will act as a fiat on and off-ramp service for USD coin users.
Moneygram to Use Crypto for Remittances
Moneygram, a Dallas, Texas-based payments and remittances company, has announced a partnership with the Stellar Development....
Coming up on May 19th, 2016, the Blockchain & Bitcoin Conference Prague will be held in the Central European location of the Czech Republic. Previous conferences and others held in 2016 take place in locations such as Moscow and St. Petersberg Russia and Kiev, Ukraine. Besides the biggest cryptocurrency and blockchain trends coming up in 2016, the conference will cover security, investment climate, legislative regulation and innovations in gambling with Bitcoin. Last year’s event focused on many questions surrounding the state of Bitcoin and how it would affect businesses needs as....