Cryptocurrencies Market Overview - August 16, 2017

Welcome to my Cryptocurrencies Markets Overview for Wednesday, August 16, 2017.

Today in the news:

  • Blockstream is using satellites to beam Bitcoin down to earth
  • Three Ukrainian lawmakers declare Bitcoin holdings worth $47 million
  • China's biggest blockchain gains its first DApp as AdEx joins NEO

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Latest Crypto News - August 16, 2017

Announcing Blockstream Satellite

Blockstream Satellite is the world’s first service that broadcasts real-time Bitcoin transactions and blocks from a group of satellites in space. With the service, everyone will have free access to the Bitcoin network, in any corner of the world, including the estimated four billion people not currently connected to the Internet, due to lack of availability or affordability.
Read more: blockstream.com

Other sources:

Three Ukrainian Lawmakers Declare Bitcoin Holdings Worth $47 Million

Three Ukrainian lawmakers have declared their bitcoin holdings as part of the country’s new electronics declaration system aimed at preventing corruption. The three hold altogether 11,644 bitcoins, worth approximately $47 million.
Read more: bitcoin.com

David Sacks: Cryptocurrency fulfills the 'original vision' we tried to build at PayPal

David Sacks was PayPal's COO back in its early days, and says cryptocurrency is now fulfilling that company's original vision of creating a "database of money."
Read more: cnbc.com

Legendary Bitcoin Trader “masterluc” Predicts $15,000 Bitcoin This Year

Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
Read more: cointelegraph.com

China's Biggest Blockchain Gains its First DApp as AdEx Joins NEO

AdEx, a Blockchain-based ad exchange announced it is teaming up with the NEO Smart Contracts System. NEO, which is often dubbed the “Chinese Ethereum” bills itself as the Blockchain for the new “smart economy” and has recently been on a tear up the rankings by market cap and trading volume.
Read more: cointelegraph.com

Swiss Bank to Sell Ether and Bitcoin Cash to Customers

A private Swiss bank is expanding a digital asset management service it launched earlier this summer to include new cryptocurrencies.
Read more: coindesk.com

Companies are buying bitcoin to pay off hackers, says top cybersecurity CEO

The HBO hack is just one recent example of how cyberattackers are now targeting corporations, and CyberArk chief Udi Mokady said that bitcoin is often used to pay them off.
Read more: cnbc.com


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