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Biggest tech companies entering Cryptocurrency: BTC to the moon?

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World's biggest tech companies are entering into the cryptocurrency and blockchain space. Let's look at some of them and see how it would affect bitcoin.

Some of the world’s biggest technology companies are entering into the cryptocurrency and blockchain space. Let’s look at some of them and see how it would affect bitcoin and the overall cryptocurrency and blockchain industry:

Twitter:

Twitter CEO Jack Dorsey was on the Joe Rogan podcast this week talking about bitcoin as the money of the internet. What interesting about Jack Dorsey this week is that he admitted that he owns cryptocurrencies specifically bitcoin. This is not surprising considering that his cash app lets you send digital payments back and forth to people and lets you buy bitcoin so to see him only owning bitcoin is no real surprise. What’s more interesting is that Jack Dorsey took part in the lightning network torch relay which is something going around crypto twitter at the moment. Basically, people are sending bitcoin payments from one person to the next person adding a little more bitcoin on each time using the lightning network. He received that payment and send that payment ahead using the lightning network to Elizabeth Stark of lightning labs. To see this whole thing coming together like this is really encouraging. It’s really exciting to see the CEO of such a large tech company not only being a personal holder of bitcoin but also being very enthusiastic about the technology.

 

Facebook:

Facebook has acquired a company called ChainSpace which is a London based distributed ledger technology company. Facebook has been for a very long time expanding their overall approach to blockchain and Facebook has a lot of ways in which the blockchain technology could be very amazing for the company. Thinking about all the potential to improve privacy, security, monetization etc. The bottom line of Facebook could really be improved by blockchain technology. Estimates tell that they are around 60 people employed at Facebook specifically looking at blockchain technology. There was a piece of recent news about Facebook-owned Whatsapp will be releasing the Whatsapp coin. This is a very limited release to start with the only use case for people sending payments back and forth in India but it might expand over time to other countries as well if the initial trials go well. Acquiring ChainSpace is just the next step to that process for Facebook. Also interestingly there is a project called PledgeCamp and one of their key advisors is Randi Zuckerberg. There is although no announcement of any integration of Facebook with PledgeCamp but it does show that the people behind Facebook are looking at Blockchain startups and blockchain technology.

 

Google:

Google said this week that they are releasing a search engine tool that lets you search the eight top blockchains. They are also looking at how to bring all that data together, look at the metadata of it, understand what the best use cases are by looking at how actually the people are using blockchain today. It’s quite interesting to see Google spending a lot of time and effort focusing on that one area. Google also can increase their bottom line exponentially by using blockchain technology.

 

Telegram:

Telegram is finally getting to the point of launching their token. Telegram has prolonged suffered from a whole variety of different issues including scam accounts and all these different things but Telegram is taking this to the next step by launching their cryptocurrency. The in-app token will allow you to exchange value within the platform which would be really exciting to see.

 

Baidu:

Baidu, the Chinese internet giant is launching ZuperChain in the near future. Interesting to see that these Chinese tech giants are going forward with blockchain despite the government not liking cryptocurrency but they are not necessarily anti-blockchain.

Looking at all these giant companies getting into cryptocurrency and blockchain really exciting but all these giant companies bring a lot of their own set of troubles. Only a couple of weeks ago everyone was criticizing Jack Dorsey about censorship on Twitter. So we have to realize the limitations of these platforms. Twitter has the power to de-platform people and in certain cases, they do have to de-platform people and that’s the reality of Twitter. We cannot forget about the things that these big tech companies are doing just because they are now doing some positive things too. Facebook is the king of de-platforming and there is no indication that Facebook will magically start using bitcoin. So there is a double edge sword looking at these giant tech companies coming into the cryptocurrency and blockchain space because if there is a Facebook dollar would probably be very censorship pro. But regardless of the baggage that these giant tech companies bring along, the reality is that for a lot of people their first cryptocurrency experience may be because of one of these giant companies. So to see this happening is overall positive for the cryptocurrency economy.

 

What are your thoughts on these tech giants entering into the cryptocurrency and blockchain space? Tell us in the comments section below.

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#Bitcoin

Craig Wright Exposed by WikiLeaks

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WikiLeaks posted on twitter about Craig Wright, the self-proclaimed Satoshi Nakamoto, disclosing his fake and altered blog post from 2008.

WikiLeaks posted on twitter about Craig Wright, the self-proclaimed Satoshi Nakamoto, disclosing his fake and altered blog post from 2008. According to WikiLeaks, the post was forged by Craig Wright to claim that he is the inventor of bitcoin and has been working on cryptocurrencies since 2008.

WikiLeaks is an international non-profit organization that publishes secret information, news leaks, and classified media provided by anonymous sources. WikiLeaks was one of the first organizations to start accepting bitcoin after the American government had forced Mastercard and Visa to carry out transactions for the organization. According to WikiLeaks founder, Julian Assange, Wikileaks made 50,000% return on bitcoin that it has invested in 2010.

Tweet by WikiLeaks:

Craig Wright was exposed in a tweet by WikiLeaks yesterday which shows that the blog post which Craig Wright used to prove his identity as Satoshi Nakamoto, the creator of bitcoin is a forged blog post. WikiLeaks also stated that Craig Wright is a serial forger of documents and has been repeatedly caught.

Craig Wright Responds:

Craig Wright responded to the tweet by WikiLeaks stating WikiLeaks is a fake news site. He said that organizations such as WikiLeaks have freedom of speech. He also stated that a pseudo leak site such as WikiLeaks should not even exist.

Craig-Wright-SS

Craig-Wright-SS

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12 Best Cryptocurrency & Blockchain Domain Names on BrandThugs.com

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Brandthugs.com consists of a list of cryptocurrency & blockchain brand domain names which are literally amazing. We discuss the top 12 domain names.

Brandable domain names play an important role in the success of any online business. It depicts the overall summary and mission of your business. Also, most of the desired brand names are very costly to buy. Hence, it is very difficult to choose a perfect domain name for your business that satisfies the need and mission of the business as well as is easy to afford. Various websites are available which provides these brand names. However, some have some non-innovative names while some have premium name with a very high cost.

If you are looking for innovative and sensing brand names for your crypto business and that too at an affordable price, then Brandthugs.com is the perfect place for you.

 

In this article, we will present you the Top 12 domain names you will love to have from BrandThugs.com:

 

CoinFarming.com: If you are in search of an attractive domain name for your business that deals with crypto and bitcoin then CoinFarming.com seems suitable for you. It has a dot com extension which would help it to raise the rank the webpage. The domain name itself seems relevant to crypto space. It could be for any organization for crypto news, crypto mining website or even a cryptocurrency wallet.

 

BiggBang.com: It is an excellent brand name for various kind of businesses. It not only can endorse your crypto business rather can be used in other business domains like TV series, News site, Science theories, Dating site, Music and video player etc. Also, dot com would help in ranking in search engine optimization and global ranking of the webpage. You can even use it for a restaurant app or business consultant.

 

 

Blockxhain.com: This domain name is nothing less than a premier one due to its resemblance with blockchain. If you are planning to search for an excellent domain name for your business which may be a crypto wallet or based on blockchain technology or a crypto exchange, you must go with blockxhain.com. Apart from the main domain, dot com is also beneficial in the search engine. You can also use it for cryptocurrency block explorer service, blockchain dating app etc.

 

 

DiscussCrypto.com: As this domain name already seems to ‘discuss’ the ‘crypto’, you can use this domain name for a website that deals with the crypto latest news. You can also use this handpicked bran domain name if your business is a discussion forum or a chat box related to crypto and bitcoin. Also, it can be used for a crypto blogging site.

 

 

BuySellCryptos.com: This domain name is perfect for you if you are looking for an attractive domain for a business that deals with buying and selling of crypto coins.  buysellcryptos.com can also be used for a crypto exchange, crypto merchant provider, crypto blogging website. The name itself gives the prediction that the mission is to provide transaction of cryptocurrencies and bitcoins. If you use this domain name, it would surely hold a large number of visitors.

 

 

CryptoCasino.mobi: If you are planning to have a domain name for your business that provides gambling/betting or games related to the crypto space, then brandthugs provides you with this amazing domain name. You can attract a lot of audience with this domain name. The domain name is absolutely professional and easy to memorize. Also, you can use this for a crypto exchange or a crypto wallet.

 

 

CoinRides.com: This is another excellent domain name provided by brandthugs.com for crypto lovers. If you are searching an efficient brand name for your travel agency that accepts bitcoins, this one is best for you. You can also use this domain for the business like taxi service, publicity agency, tour and travel site or ride-sharing service. Also, it comes at an affordable price of around $2995.

 

 

BarcodePayment.com: The name itself describes that it could be related to barcodes, scanning, and payments. If your startup aims to provide a platform for payments using barcodes, then you must go with this domain name. You can also use this domain name for the areas like crypt wallet, payment gateway, bitcoin payment processor etc. Also, the dot com extension can help your webpage to improve your global webpage ranking.

 

 

BTCjunky.com: This one is one of the cool domain names a person can find on any website. This is a perfect, user-attractive and professional domain name for the business that involves bitcoin and cryptocurrency in any means. This hand-picked domain name can be used for the business like bitcoin wallet, bitcoin payment, and exchange, crypto news and blogging site etc. You can also use this domain name for crypto events and venture capitalist.

 

 

FinFortune.com: This one is again a professional brand name related to any business. You can use this domain name. You can use this domain name for fields related to big money technology. If you are having the business like an investment firm, consultant, accelerator or wealth advisory firm, you must go with this handpicked domain name finfortune.com from brandthugs.com.

 

 

DDpayments.com: This domain name consists of ‘dd’ which may be considered as demand draft and ‘payments’. This domain name is a straightforward one with business connotations. You can use this professional brand name from brandthugs.com for the business like payroll service, payment processing platform, employment firm, business tool etc. The dot com extension reduces the tension for webpage ranking to some extent.

 

 

AlienMiners.com: If you are wondering to buy an innovative brand name for your business that deals with mining of crypto coins and bitcoin, you can go with this splendid domain name available on brandthugs.com This domain name can be used for business such as cryptocurrency mining company, bitcoin mining pool, blockchain game, database services provider etc. Also, the price available for this domain name on the brandthugs.com is affordable.

 

 

 

A domain name is the first impression of your business. Also, selection of band name also matters for search engine optimization. So, you must always choose an innovative, meaningful, easy to remember, a professional, less-confusing domain name for your upcoming business. Brandthugs.com consists of a list of such handpicked brand domain names which are literally amazing. In this article, we discussed the top 12 domain names you will love to have from BrandThugs.com.

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10 Dramatic Stories of People Who Lost Their Bitcoin Private Keys

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There have been a lot of cases in the past where people have lost a very huge amount via losing their bitcoin private keys. Here are the top 10 stories.

Bitcoin and cryptocurrencies have been a huge medium for investments in the last few years. The prominent reason is the high value of bitcoin and other cryptocurrencies. Who one would not buy some bucks having the value of one unit equal to some thousands of US Dollars?. Since the money involved is pretty high, these valuable investments also need to be secured and maintain privacy.

Losing an important credential in any field may cause a huge loss of property and crypto space is much vulnerable in case you lose your private keys. There have been a lot of cases in the past where people have lost a very huge amount via losing their bitcoin private keys. In this article, we will see the list of 10 dramatic stories of people who lost their bitcoin private keys:

 

1. A person, named James Howells lost his bitcoin private keys and it cost him a loss of around $79 million! Howells had around 7500 bitcoins in 2009 and had stored the private keys of the bitcoins in a hard disk. Four years later, he had two similar hard disks in a drawer out of which one was empty and corrupted while the other one was containing the bitcoin credentials. Unfortunately, in the sake of throwing the corrupted disk, he threw away the disk that contained the bitcoin private keys! This silly mistake cost him around $79 million. IT was so unfortunate for Howells.

 

2. A person lost 30 bitcoins due to a keylogger program. He was unaware that a keylogger program has somehow entered in his laptop without his knowledge. A keylogger is a fraud program which mainly aims to track the credentials of your system. As usual, one day he was looking for the private keys and the value he has in his pockets in form of bitcoins. Another day, he found that all of his coins were already sold and that too without his knowledge. First of all, he thought, he was entering the wrong credential but finally end up finding a keylogger program in the system when scanned by a system scanner software. He lost around $300000!

 

3. Syl Turner is a software engineer in Atlanta. In 2010, he bought two bitcoins and saved the private keys in his computer. He recalls, at that time, bitcoin was not so valuable so he didn’t care about the keys. A few years later, he bought a new laptop and threw his old computer in his attic. In 2017, when he heard about the value of bitcoin, he recalled that he also had mined two. He went to his attic and checked for the old computer. The computer was not working now and all the data was erased. And unfortunately, he lost around $35000.

 

4. A person in Switzerland had saved his bitcoin private keys in a USB drive which he bought in 2009. In 2016, he transferred the file containing these private keys to his personal computer as the USB was on the brink of breaking. He thought he would buy another new USB and would save the files. However, before he could buy a new one and the software of the personal computer crashed and now, he had no back up of those private keys. The lost keys had the value of around $40000.

 

5. As per Michael Yang, his friend along with his business partners bought around 500 bitcoins. For sake of trust, his friend had half of the bitcoin private keys while his partners had the rest half private keys. Unfortunately, all of a sudden the business partner of Yang’s friend passed away and so around $9.5 million he lost as his friend and the family of the partner failed to retrieve the half of the private keys. This was so heartbreaking for Yang’s friend.

 

6. Forgetting your bag in a public place always cost you, but not up to the extent that John lost with the bag containing the USB of bitcoin private keys. John, a college student had bought 10 bitcoins in 2012 and was provided a USB containing the private keys of the coin. In 2017, while shifting from one place to other, he forgot the bag containing USB somewhere in the way. And this mistake cost him around $100000!

 

7. Alex mined around 1000 bitcoins in 2009 and stored the private keys in a USB drive so that if anything happens to his computer, he would still have a backup. After a few months due to some technical error, he wiped all the data of his computer by assuming he still had the backup for bitcoins. When he heard about the value of bitcoin in 2017, he was dreaming to be a millionaire. He inserted his USB drive in the laptop but unfortunately, the drive became corrupted and eventually died. He couldn’t believe he lost millions of dollars in a few seconds!

 

8. Amily, of Ukraine, mistakenly deleted the only backup file containing the bitcoin private keys. She had saved the files of keys of about 10 bitcoins in one folder and also had some other folders in the same directory in his system. She first opened the folder containing keys and she realized that there are some folders that she didn’t require them. So, she entered Shift+Delete. As the folder containing the keys was also selected and Amily was not aware of that, the file got permanently deleted from the system and hence lost around $120000!

 

9. A man in Japan lost around $50000 in form of bitcoin and he couldn’t blame anyone except his pet dog! He mined around 50 bitcoins in 2010 and stored the private keys in a USB. He had a pet dog. In 2016, while shifting the apartment, USB slipped from his hand and suddenly, the pet thought it to be some playing stuff and chewed it. He couldn’t believe that he just lost a significant amount of money. Seven years later, in November 2017, if he would have wanted to sell those coins to redeem money, the value would have been around $50000.

 

10. In 2016, NSW in Australia was hit by the flood. A man who had saved his bitcoin private keys in a hard disk lost around $50000 in this flood. He has kept the hard disk in a drawer and was on holidays with his family. The flood hit his town and before he could save the disk, his house was merged with flood water. The flood water entered inside the disk and made the disk corrupted and of no use. When he came back, all the details were wiped from the hard disk as it was of no use then.

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