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Bitcoin News Saturday, February 10

Bitcoin News TLDR / Table of Contents

Score: 7181.554470668995
URL: https://www.cnbc.com/2018/02/05/this-european-royal-family-might-invest-in-cryptocurrencies.html
Tweeted At: Mon Feb 05 10:50:03 +0000 2018
Publish Date: 2018-02-05T01:23:23+00:00
Author: David Reid

  • The Crown Prince of Liechtenstein has told CNBC that blockchain and cryptocurrencies like bitcoin could be one way to help his family restore its wealth.
  • “Particularly with this whole new digital economy, it is something to look into more into in the future,” Crown Prince Alois told CNBC on Friday.
  • Liechtenstein is a German-speaking microstate in Central Europe with a population of less than 40,000 people.
  • The principality owes much of its wealth to its traditional status as a tax haven, though it has attempted to rebrand itself as a legitimate financial centre.
  • Bordered by Switzerland to the west and south and Austria to the east and north, the principality is headed by the Prince of Liechtenstein although in practicality, power now lies with his son, Crown Prince Alois.

Tags: Crown Prince Alois, , , ,

Score: 4619.1032376720095
URL: https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html?__source=twitter%7Cmain
Tweeted At: Sat Feb 10 13:36:56 +0000 2018
Publish Date: 2018-02-07T03:47:29+00:00
Author: Arjun Kharpal

  • Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC, following a recent violent sell-off across digital coins.
  • On Wednesday, it was trading above the $7,000 level as the cryptocurrency market stabilized.
  • At its lowest point on Tuesday, the total cryptocurrency market saw over $550 billion wiped off its value.
  • “Increasing regulatory recognition of cryptocurrency exchanges, the entrance of institutional capital and major technology developments will contribute to the market’s rebound and push cryptocurrency prices to all new highs this year,” Thomas Glucksmann, head of APAC business development at cryptocurrency exchange Gatecoin, told CNBC by email on Tuesday.
  • The technology advancements Glucksmann referenced include bitcoin’s so-called Lightning Network, which would boost the very slow transaction speeds using the cryptocurrency.

Tags: recent violent sell-off, total cryptocurrency market, recent cryptocurrency sell-off, cryptocurrency exchange Gatecoin, Nasdaq CEO Adena

Score: 925.4377766599371
URL: https://www.theguardian.com/world/2018/feb/10/russians-arrested-for-mining-bitcoin-at-nuclear-facility?CMP=twt_gu
Tweeted At: Sat Feb 10 11:09:05 +0000 2018
Publish Date: 2018-02-10T01:27:30+00:00
Author: Russia

  • Several employees at Russia’s nuclear centre in the city of Sarov have been detained after making “an attempt to use the work computing facilities for personal ends, including for so-called mining”, a spokeswoman for the centre, Tatiana Zalesskaya, told Interfax news agency.
  • The centre is overseen by Rosatom, the Russian nuclear agency, and works on developing nuclear weapons.
  • Such attempts “at our enterprises will be harshly put down, this activity technically has no future and is punishable as a crime”, the centre’s spokeswoman said.
  • In 2011, the centre switched on a new supercomputer with a capacity of 1 petaflop, which at the time made it the twelfth most powerful in the world, Russian television reported.
  • The centre was the birthplace of the Soviet Union’s first nuclear weapons.

Tags: World news, switch, main content, contribution Subscribe, nuclear facility

Score: 659.9118956138016
URL: http://www.bbc.com/news/technology-42782287
Tweeted At: Sat Feb 10 12:01:04 +0000 2018
Publish Date: 2018-01-22T18:30:45+00:00
Author: BBC News

  • Image copyright – Alstom – – – – – Image caption – – Alstom is to test an automated freight train on a 150km track in the Netherlands – – – – French train engineering giant Alstom is to test automated freight trains in the Netherlands this year.The automated train…
  • “I can’t ever see it where there is no-one sitting at the front of the train at all,” rail journalist Tony Miles told the BBC.
  • “We prefer to have someone there to press an override button – for example, if rogue vehicles crash on to the train tracks, or people jump in front of trains.
  • “Practical concerns – – – – – – – Image copyright – PA – – – – – Image caption – – A DLR train in Beckton, London – – – – Driverless train technology already exists – the Docklands Light Railway (DLR) is fully automated – but Mr Miles…
  • “When you try to redesign the big Victorian railways built 150 years ago, it’s a lot harder as they were never designed to be automated,” Mr Miles said.

Tags: French train engineering, automated train prototype, Driverless train technology, automated freight trains, infrastructure operator ProRail

Score: 518.3711939034713
URL: http://www.telegraph.co.uk/business/2017/12/16/lloyds-taps-20bn-bank-england-funds-boost-profits-not-lending/
Tweeted At: Tue Dec 19 11:27:39 +0000 2017
Publish Date: 2017-12-16T16:21:00+00:00
Author: Iain Withers

  • Britain’s biggest mortgage lender Lloyds has been accused of “immoral” behaviour for using billions of pounds of cheap central bank funding to boost profits rather than increase lending.
  • Lloyds has “maxed out” what it can draw under the Term Funding Scheme (TFS), having borrowed £20bn of the £100bn lent so far.
  • Yet, unlike most rivals, Lloyds has cut back its lending to consumers and businesses, reining in net lending by £5.5bn since the scheme launched in August 2016.
  • The next largest user of the scheme, RBS, has borrowed £14bn but increased net lending by £15.1bn in the same period.
  • Across the scheme, net lending is up £60.4bn, Bank figures show.

Tags: mortgage lender Lloyds, net lending, cheap TFS funds, Term Funding Scheme, central bank funding

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