Friday, January 18, 2019

Tencent Acquisition / Constantinople / SAP / Fortnite

Subscribe | View in browser

$BTC (12:44 p.m. EST): $3,653.50 (-0.08%) // 90-day high: $6,860.85 // 90-day low: $3,286.14 / / More

$BCH ABC (12:44 p.m. EST): $128.31 (-1.61%) // 90-day high: $632.22// 90-day low: $80.95 // More

$ETH (12:45 p.m. EST): $121.25 (-1.22%) // 90-day high: $229.12 // 90-day low: $85.11 // More

$LTC (12:45 p.m. EST): $31.31 (0.08%) // 90-day high: $54.64 // 90-day low: $22.09 // More

$XRP (12:45 p.m. EST): $0.32 (-1.06%) // 90-day high: $0.53 // 90-day low: $0.28 // More

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

Facebook gray   Twitter gray   Email gray   Permalink gray

1. Chinese tech conglomerate Tencent may soon own two major cryptocurrency exchanges. The company has begun to pursue the purchase of NXC Corp., a South Korea-based holding company that owns Bitstamp and Korbit. Bitstamp is recognized as the world's oldest bitcoin exchange and ranks in the top 50 worldwide with a monthly volume of more than $1.8 billion. Korbit holds a solid presence in South Korea, trading about $350 million per month in volume. A purchase of NXC, which owns a wide range of companies including a gaming empire, could cost Tencent more than $7 billion experts estimate. –CCN

Tencent looking to make exchange acquisition
Facebook gray   Twitter gray   Email gray   Permalink gray

2. There is speculation that the Constantinople hard work will now take place in the next two to six weeks. Due to the hard fork was delayed earlier this week after the discovery of a security bug, developers will meet next week to determine the exact block for the upgrade. There was some talk that the upgrade could come as early as this Monday, but Afro Schoedon, one of the project's developers, said on Twitter it would take much more time to properly fix the bug. –AMB CRYPTO

Constantinople fork could happen in two to six weeks
Facebook gray   Twitter gray   Email gray   Permalink gray
Ad

Intelligence is creating stronger connections.

Today's world generates 2.5 quintillion bytes of data every day. Sifting through that much available information is hard. Micron is helping analyze that data to create stronger connections between AI, organizations, and most importantly, people.​​ Learn More.

3. SAP launched a blockchain that will help drug wholesalers to authenticate pharmaceutical packing returned from hospitals and pharmacies. The company plans to expand the use of the blockchain to include a broader range of pharmaceutical supply chain processes in the future. The healthcare industry has lagged slightly behind financial services and shipping in blockchain deployment. However, the security and ability to increase efficiency and reduce costs has begun to push healthcare organizations more toward blockchain. –COMPUTER WORLD

Facebook gray   Twitter gray   Email gray   Permalink gray

4. Bitcoin has fallen out of favor with money launderers in exchange for … Fortnite V-bucks. Yes, new research suggests that cryptocurrencies have become used less and less for money laundering schemes. That goes against the long-held narrative that bitcoin was used for criminal activities. As bitcoin transactions get watched more closely, launderers have begun using Fortnite's in-game currency to move funds through a complicated, yet seemingly innocuous, process. –NEWS BTC

Money launders turning to Fortnite V-bucks
Facebook gray   Twitter gray   Email gray   Permalink gray
Ad

Meet monday.com - The #1 project management tool for teams! 


This tool simplifies the way teams work: You can manage, plan and track projects in one collaborative space.
monday.com is a super flexible tool. It's fun to work with and easy to use.

Start your free trial now!

5. The number of bitcoin nodes has rebounded in recent months to more than 10,000 reachable nodes. –BITCOINIST

6. Another fake XRP coin, known as XRP Plus, has appeared on social media. –CRYPTO VEST

7. Authorities have arrested the leaders of a cryptocurrency scam that stole more than $51 million in Taiwan. –THE NEXT WEB

8. Crypto exchange Binance has seen a recent increase of registrations in Europe. –NEWS BTC

9. Bitcoin has recently sold for lower prices in Korea than the rest of the world. –CRYPTO BRIEFING

10. A writer explains how blockchain will help improve the securities market. –FORBES

Facebook gray   Twitter gray   Email gray   Permalink gray

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).

Facebook gray   Twitter gray   Email gray   Permalink gray
Copyright © 2019 Inside.com, All rights reserved.

Our mailing address is:
Inside.com
767 Bryant St. #203
San Francisco, CA 94107



Did someone forward this email to you? Head over to inside.com to get your very own free subscription!

You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.