Crypto-philanthropy: the boom of charity funds

Crypto-philanthropy: the boom of charity funds

FBI has 130 crypto cases, Sacramento Kings mine ETH, Node Capital launches a US branch with 200,000 ETH, Huobi suspend services for Japan, Dan Larimer proposes new EOS constitution, Coinbase CEO creates GiveCrypto charity

Ethereum

ETH
Price
272.72 USD -8.76%
0.03118000 BTC 2.16%
Volume, 24h
2,405,210,584 USD
0.00%
Marketcap
28,549,930,014 USD
10%
Emission

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Poll: Majority Of Respondents Would Rather Buy ICON (ICX) Than Ethereum For Long Term Investment

The 2018 bear market has ravaged Bitcoin and altcoins alike. While Bitcoin has made significant recovery from its 2018 low of $3,200, most altcoins are still battling to find their footing. A Twitter poll involving 4 altcoins shows that users are more willing to buy ICX than other three alts including Ethereum. The poll had 1,842 respondents answer the question “if you have to choose ONLY one alt for the long term, with the highest chance to get back the ATH.” Out of the number, 49% indicated optimism that ICX is most likely to get back to its all-time high while the remaining 3 had 51% of the votes to share.  Not very surprisingly, ETH had the second-highest vote of 31% who would go for it in the hope of getting back to its all-time high and making some profits from it. The next was NEO with 14% of the votes while Ontology (ONT) came last with 6% of the votes, with the least chance of ever seeing its all-time high price again. The poll also gave room for those whose favorite coins were not listed to mention them in their comments. Guess what? ICX was still mentioned roughly 99% of the time, which raises the question of why ICX? Well, ICX is the native token of one of the largest blockchain projects in the world, ICON. It’s working towards bringing blockchain application to the real world in all areas including banking, healthcare, and education. It also provides scalability for both public and private blockchains as well as enabling interoperability between chains. There are several other projects with similar goals but ICX seems to have found a place in the hearts of crypto users worldwide. Its price performance is still subpar as it has lost over 8% in the last 24 hours, ICX supporters, however, believe it’s soon going to reach its all-time high once again. Some experts question the possibility of another alt season but with this level of support, who knows what may happen in the future? The post Poll: Majority Of Respondents Would Rather Buy ICON (ICX) Than Ethereum For Long Term Investment appeared first on ZyCrypto.
ZyCrypto

Iran Recognizes Cryptocurrency Mining as a Proper Industry

Iran Gives Cryptocurrency Mining a Nod In a move easily juxtaposed with US policies on cryptocurrency, the government of Iran has officially recognized cryptocurrency mining as an independent industry. A move on July 21st by the Iranian Chamber of Commerce, Industries, Mines, and Agriculture ratified an economic commission approving crypto mining as a legitimate industry. The committee also passed a previous proposal to apply export rates for electricity used by domestic miners. Similarly, Deputy Minister of Electricity and Energy Homayun Haeri stated that government ministers would later vote on an approved electricity rate for mining farms. Later deliberations on government regulations will be held in a cabinet meeting, as announced by the Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati. Despite the recent legitimacy procured by the Iranian mining community, the sea to legal cryptocurrency mining in Iran has been far from smooth sailing. A statement made by the Iranian Energy Ministry in late June announced that mining processes increased national electricity consumption by seven percent over the summer. This is due to the nation’s relatively low electricity rates, making mining attractive and profitable to cryptocurrency enthusiasts. The ministry consequently proposed for electricity export rates to be applied to miners, a bid echoed by the Iranian government on Sunday. Following the lead of the Energy Ministry, the Iranian Power Generation and Distribution Company (known locally as TAVANIR) had previously announced that using electricity for mining purposes is illegal and household of commercial users found to be mining cryptocurrency would be cut off from the national grid. In addition to the previous protests from Iranian energy executives, earlier statements made by Iranian officials included a recommendation by the CBI to bar cryptocurrency for domestic payments in January 2019, marking the future of cryptocurrency as a payment method in Iran uncertain. Despite this, the recent backpedal on mining by the CBI seems to be foreshadowing a victory for cryptocurrency in Iran, with Iranian enthusiasts hopeful for the future. Title Image Courtesy of Aleksi Raisa The post Iran Recognizes Cryptocurrency Mining as a Proper Industry appeared first on Ethereum World News.
Ethereum World News

DigiByte’s latest hash algorithm, Odocrypt, claims to improve mining experience

There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for mainstream adoption in the near future. A majority of the miners are deterred from mining […] The post DigiByte’s latest hash algorithm, Odocrypt, claims to improve mining experience appeared first on AMBCrypto.
AMBCrypto

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