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James Voss

James Voss is a full time writer in CryptoLighty. He holds post graduate degree in computer science and has around one year experience in writing about cryptocurrencies. His technical knowledge and passion for crypto led him to our reporting team. He also interested in analyzing cryptos by technical aspects like different charts.

January 16, 2019 James Voss No Comments

Bitcoin Consumes High Energy

The unhackable Bitcoin’s energy consumption is equivalent to 1.5 per cent of the electricity consumed in the United States! According to Digiconomist, a cryptocurrency analytical website, each Bitcoin transaction consumes 250kWh; this is enough power to light up our homes for nine days! Arvind Narayanan, a computer science professor at Princeton said about one per […]

New Zealand Exchange Crytopia

January 16, 2019 James Voss No Comments

New Zealand exchange Crytopia falls victim to the security breach

New Zealand cryptocurrency exchange Cryptopia has shut down their internet presence, as it is dealing with the consequences of major hacking attack on Tuesday 15th of January. The exchange has confirmed through a tweet that someone broke their security system and they have suffered a considerable loss. Although the platform has not yet provided any […]

Blockchain

January 15, 2019 James Voss No Comments

Israeli cargo shipping firm utilizing blockchain platform

Largest cargo shipping company of Israel, Zim has open blockchain based billing platform for all its customers for loading the ship with cargo for trades. The shipping company was taking a trial of blockchain based eB/Ls platform for about a year and has got success in it. The company representative said that the blockchain could […]

Bulgaria

January 15, 2019 Paul Thornton No Comments

Bulgarian Crypto Traders Under the Scanner

The Bulgarian National Revenue Agency (NRA) will be keeping close watch on cryptocurrency trading platforms to make sure that they are complying with the law in terms of tax and social security legislation. The agency suspects investors of owing unpaid taxes. According to an official statement, the NRA will take over details of all token […]

Malaysian Government Gives Digital Assets and Ico Legal Recognition

January 15, 2019 Paul Thornton No Comments

Malaysian Government Gives Digital Assets and ICO Legal Recognition

After months of contemplation, Malaysia has finally legalized cryptocurrency. As of today (January 15, 2019), digital assets and ICO tokens will receive legal recognition by the Malaysian Government. The Finance Minister Lim Guan Eng said cryptocurrencies including ICOs and digital tokens would be classified as securities by the Capital Markets and Service Order 2019. It […]

Crypto Wallet in Luxury Timepieces

January 15, 2019 Paul Thornton No Comments

Crypto Wallet in Luxury Timepieces

Cryptocurrency has ventured into the luxury timepieces market, with the world famous A. Favre & Fils to craft an inbuilt crypto cold-storage wallet. In its official website, the Swiss watchmaker announced that they will be offering a ‘state-of-the-art proprietary security solution’. It will be based on blockchain technology. Laurent Favre, the company’s chief executive officer […]

Tim Draper

January 15, 2019 Paul Thornton No Comments

Tim Draper 70 Times Richer After Investing in Bitcoin

Tim Draper, a billionaire venture-capital investor, is now 70 times richer with $89.1 million after investing $18.96 million in Bitcoin five years ago. Draper had purchased 30,000 BTC, paying $632 per Bitcoin, from the US authorities in a auction in 2014. In 2018, in an interview with The Street, Draper had said cryptocurrency is going […]

January 15, 2019 Paul Thornton No Comments

Thailand Ministry of Finance provides Digital Asset Trading Authorization to Four Firms

The Thai Ministry of Finance has provided digital asset Trading Authorization to four crypto-based firms, as per a report released by the nation’s Securities and Exchange Commission (SEC) on the 8th of Jan. As per the declaration, the authorizations supposedly have been granted by the finance ministry “as per the suggestion of the SEC Panel.” […]

University of Bahrain to Issue Digital Certificates

January 14, 2019 James Voss No Comments

University of Bahrain to issue digital certificates through the blockchain

University of Bahrain to issue digital certificates through the blockchain University of Bahrain or UOB is going to be the first in the world to issue Diplomas by using the blockchain technology. The University has been reported to partner with a startup Learning Machine. The company is known to issue official records through Blockchain with […]

Bitcoin Price Looks South

January 14, 2019 James Voss No Comments

Bitcoin Price Looks South After Witnessing Losses

On Thursday this week, Bitcoin witnessed the most significant drop for in the seven weeks when it took the bullish trend even lower hitting $3,627. This broke the expectation of investors that the bitcoin would break the bullish trend and make a leap towards $4,100. Bitcoin is the world’s largest crypto by market value. Bitcoin’s […]

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