Tim Draper: Blockchain and AI “bigger than the internet” – August 23

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $10,429

Bitcoin and Ethereum are both up around 3% over the last 24 hours, while XRP is up just 2%. Among the top-20, most altcoins are up a couple of percent, barring Binance Coin and LEO Token, neither of which have moved today.

Top Stories for August 23, 2019 πŸ”₯

πŸ‘‰ Tim Draper: Blockchain and AI “bigger than the internet”

Tim Draper is a well-known, billionaire venture capitalist. He’s also a big believer in blockchain, and has high hopes not only for Bitcoin’s price, but also for other applications of the underlying technology.

In a recent interview, Draper said that blockchain — together with deep-learning and other artificial intelligence developments — are bigger than the internet, adding that they will affect industries 10 to 100 times bigger than those the internet did.

πŸ‘‰ New cryptocurrency scam circulating on Reddit

The web is full of cryptocurrency scams. There are phishing sites ready to grab your exchange login details, fraudulent investment opportunities left right and center, and malicious applications that will change pasted cryptocurrency addresses.

A new cryptocurrency scam is circulating on Reddit, in which users are invited to partake in a seemingly legitimate private sale. Investors in on the scam send vast amounts of cryptocurrency — totalling more than $2 million — giving the victim the impression it might be a genuine investment opportunity. However, any tokens received are worthless and have no use.

πŸ‘‰ PundiX will bring crypto registers to 40+ Venezuelan retail stores

PundiX is a cryptocurrency adoption project whose main focus is its cryptocurrency-friendly Point of Sale (POS) device. Based out of Singapore, the project has already distributed its “XPOS” devices to 30 countries.

Now,Β  PundiX will be bringing its cryptocurrency POS solution to Venezuela, where exactly 49 retail outlets will be using the device!