Bitmain IPO / Ripple / Trade Volumes / Reveel

Subscribe | View in browser $BTC (1:22 p.m. EST): $6,516.56 (-0.47%) // 90-day high: $8,245.16 // 90-day low: $5,889.64/ / More… $BCH (1:22 p.m. EST): $556.64 (6.89%) // 90-day high: $872.84// 90-day low: $420.58 // More… $ETH (1:23 p.m. EST): $218.22 (-0.97%) // 90-day high: $531.53 // 90-day low: $171.58 // More… $LTC (1:23 p.m. EST): $62.78 (6.47%) // 90-day high: $107.31 // 90-day low: $49.35 // More… $XRP (1:23 p.m. EST): $0.52 (-1.77%) // 90-day high: $0.57 // 90-day low: $0.22 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Bitmain released financial statements for the first time on Wednesday, confirming its intention to go public. The statements, which were the result of a KPMG audit, showed the company made $742.7 million in profit during the first half year, a nine-fold increase from a year earlier. Revenue was up tenfold during the same period to $2.8 billion. Bitmain also holds a substantial amount of bitcoin cash, a revelation that many believe contributed to the coin's more than 20 percent price increase on Wednesday. –CNBC       2. Ripple XRP temporarily passed ethereum as the second largest cryptocurrency yesterday. XRP, which has seen dramatic price swings and dips this week, was up more than 20 percent on Wednesday. While ethereum saw a jump yesterday alongside other altcoins, the coin is down more than 20 percent this month. –COIN TELEGRAPH       Cryptocurrency trading made human: One platform. All your exchange accounts. Sign Up Free Today  Manage your digital assets across exchanges and with a holistic, real-time portfolio dashboard AND advanced trading features built right in. A powerful tool for both active traders and long term investors, Quadency was built with speed, reliability, and your security in mind.        3. There is growing speculation that some cryptocurrency exchanges may be manipulating, or even lying about, their trade volumes. That outcry has increased in recent weeks as once-unknown exchanges continue to promote overwhelming success in the midst of market slowdowns and uncertainty. The exchange BitForex has one that critics have watched – it was once a smaller exchange living in obscurity but now boasts days with transactions that exceed $5 billion. BitForex Vice President Garret Jin said the surge is because of a transaction mining system, but some are skeptical. –BITCOINIST       4. Reveel wants to create a blockchain-based "Google glass for everything." The startup is using decentralized artificial intelligence and image recognition on the blockchain that it believes could help recognize images of all kinds. For example, the company wants to try to disrupt the shopping industry. A person using the platform could see a person wearing an item and instantly get the information needed to purchase that same garment. –FORBES       [Developers] Chainkit helps you add blockchain to your app in 5 minutes. With Chainkit's new API, you don't need to be a blockchain expert to Register() and Verify() data, events, or processes in your applications. Inside readers get early access before they go live on Product Hunt.  Get Early Access        5. Infinito Wallet has released a new update that now supports Cardano. –BITCOINIST 6. Bitcoin bull Mike Novogratz explains why bitcoin is poised to grow again. –CNN 7. Angus Champion de Crespigny, an identity infrastructure consultant, shares why he lost faith in private blockchains. –COINDESK 8. The Austrian government will use blockchain to issue $1.35 billion in bonds. –COIN TELEGRAPH 9. AT&T has unveiled a number of new blockchain services. –MOBILE WORLD LIVE 10. Investors believe XRP is better than bitcoin – or traditional money – for transfers. –CRYPTO SLATE       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).       Dozens of analysts covering news on 2,000 coins in 24/7 realtime. Over 80,000 staff-written headlines. CryptocurrencyNewsfeed.com

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