Friday, November 16, 2018

Hard Fork Complete / Tokens / Coinmine / Power Ledger

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$BTC (1:14 p.m. EST): $5,598.39 (0.32%) // 90-day high: $7,382.19 // 90-day low: $5,251.12 / / More

$BCH ABC (1:14 p.m. EST): $409.23 (-1.78%) // 90-day high: $703.41// 90-day low: $401.35 // More

$ETH (1:15 p.m. EST): $177.11 (-0.64%) // 90-day high: $365.71 // 90-day low: $171.58 // More

$LTC (1:15 p.m. EST): $42.84 (-0.81%) // 90-day high: $74.80 // 90-day low: $42.84 // More

$XRP (1:15 p.m. EST): $0.46 (0.44%) // 90-day high: $0.61 // 90-day low: $0.26 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

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1. The bitcoin cash hard fork took place yesterday at 18:02 UTC. The fork split bitcoin cash into two chains. There is the original version of bitcoin cash known as Bitcoin ABC. This is the protocol that has been used since bitcoin cash was created last year and whose proponents argue that the basic structure is "sound" and "does not need any radical change." The second chain, Bitcoin SV, looks to restore retired code from the original bitcoin protocol and increase block size from 32 MB to 128 MB. –FORBES

Bitcoin cash hard fork takes place
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2. A number of major cryptocurrency exchanges have already added support for both new bitcoin cash tokens. Binance has already issued bitcoin cash owners their new tokens. It awarded 1 BCH ABC and 1 BCH SV token for each bitcoin cash token users had at 4:40 p.m. (UTC) on November 15. Bitfinex and Poloniex have also said they have made the shift to the new cryptocurrencies. –COINDESK

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3. Coinbase Ventures has invested in Coinmine, a startup that wants to make it easier for non-technical people to mine cryptocurrency. The Coinmine One, a mining device that consumes less energy than a Playstation, went on sale Wednesday. Coinbase Ventures, along with others, have put about $2 million into the San Francisco-based company. –BITCOIN.COM

Coinbase Ventures invests in Coinmine
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4. Power Ledger, an Australian startup that recently won Richard Branson's Extreme Tech Challenge, plans to start selling fractions of renewable energy plants. The company will use the blockchain to sell portions of a commercial solar farm and a grid-connected battery project. The firm will use cryptocurrency tokens to act as shares, and is believed to be the world's first regulated crypto energy offering. –FAST COMPANY

Company launches tokens for renewable energy
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5. Banning cryptocurrencies in India may be near impossible. –QUARTZ

6. Wired looks at a few companies that can store a person's DNA information in the blockchain. –WIRED

7. It may take bitcoin weeks – if not months – to rebound from this latest crash. –COIN TELEGRAPH

8. BitMEX CEO Arthur Hayes believes bitcoin could fall as low as $2,000. –NEWS BTC

9. One crypto analyst wants to buy the dip. –MARKET WATCH

10. The Next Web names five blockchain developers make a real difference: Vitalik Buterin, Gavin Andresen, Erik Voorhees, Elizabeth Stark, and Riccardo Spagni. –THE NEXT WEB

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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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