Smart Contracts / Bitmain / Television / CryptoKitties

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (1:25 p.m. EST): $7,127.99 (2.25%) // 90-day high: $8,362.59 // 90-day low: $5,755.25/ / More… $BCH (1:25 p.m. EST): $707.61 (2.28%) // 90-day high: $1,663.91// 90-day low: $608.37 // More… $ETH (1:25 p.m. EST): $410.07 (0.79%) // 90-day high: $790.72 // 90-day low: $365.43 // More… $LTC (1:26 p.m. EST): $74.51 (1.21%) // 90-day high: $162.87 // 90-day low: $73.12 // More… $XRP (1:26 p.m. EST): $0.41 (-2.74%) // 90-day high: $0.86 // 90-day low: $0.41 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. There is a new application that makes it easy for non-coders to write smart contracts. Named Fondu, the app helps entrepreneurs launch their ICO without the need to code smart contract, or pay someone to do it for them. Users simply answer questions about the type of ICO they want to launch, and the required code is automatically generated. The files users need to launch the ICO are also made available for download. –THE NEXT WEB       Blockchain Beyond Bitcoin What if the intense media focus on bitcoin and other digital currencies is missing the big story of business blockchain? Real Vision's Ash Bennington investigates, interviewing blockchain specialists from IBM and KPMG, the founders of cutting-edge blockchain startups, and independent experts in the space. Watch the full video on Real Vision by signing up for a FREE 14-day trial today. For an ad-free experience, upgrade to Inside Premium       2. Bitmain will open a new blockchain data center near Austin, Texas. The facility will be in Rockdale, which has a population of just more than 5,000. According to the company, it will invest roughly $500 million in the project, including programs to educate and train potential employees in the workings of blockchain. The facility — slated to be operational in two years — will bring about 400 jobs to the city. –NEWS BTC       3. A Chinese firm has created a television that mines cryptocurrency while in use. Canaan Creative, a Beijing-based firm, created a television that will be equipped with a processing capability of 2.8 trillion hashes per second. The television, which has yet to be released to the public, would be powered by artificial intelligence with voice control capabilities. The device also features a real-time calculation of bitcoin mining profitability. -CRYPTOVEST       4. The transaction volume of CryptoKitties has plummeted to about a tenth of its all-time high, but CEO Roham Gharegozlou is not worried. "What we've been trying to do is keep out the speculators," Gharegozlou says. "People are crazy about the cats. People get cat tattoos, they make their own wood carvings and sell them on Reddit … We want to focus on that community, and the few people that are actually playing, rather than speculating." -FORTUNE       5. An Okcoin user has sued the exchange, claiming he did not receive his free allocation of bitcoin cash in August of 2017. The trader, known as Feng Bin, was unable to claim 38 BCH (worth about $26,000) when Okcoin added support following bitcoin's hard fork last year. By the time he had contacted customer support and investigated what appeared to be a technical issue, the exchange refused to award the funds. The exchange claims that a deadline for all customers to claim the coins had passed. -BITCOINIST       6. Ohio has passed a law that legally recognizes data stored and transacted on the blockchain. The bill states that "a record or contract that is secured through blockchain technology is considered to be in an electronic form and to be an electronic record." The bill also gives legal standing to signatures secured through the blockchain. Language, though, to recognize smart contracts was omitted from the final bill. -COINDESK       7. Rep. Bob Goodlatte (R-Virginia), and Chair of the House Judiciary Committee, owns between $17,000 and $80,000 in cryptocurrency. The holdings were made public as part of his annual financial disclosure. -FORBES 8. The space industry continues to expand its use of blockchain. This article looks at some of the big space players and how they are leveraging the technology. –COIN TELEGRAPH 9. Blockchain may be secure, but not the software around it. This article looks at some of the security issues surrounding blockchain and its supporting technology. –CSO ONLINE 10. Bitcoin derivates trading provider LedgerX saw record volume last month. The company said it cleared $50 million in derivatives in July alone. -COINDESK       From the Forums The hard life of a GPU. Bitcoin cash creator banned from bitcoin cash slack. How to invest in bitcoin.       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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