How Bitcoin Futures Products Affected Cryptocurrency Markets in 2018

It has been a year since the start of Cboe’s XBT futures contracts and CME Group’s bitcoin derivatives products launched last December. With super bearish prices these past few months, a lot has changed since the cryptocurrency economy touched all-time highs on spot markets. Meanwhile, bitcoin futures contracts have been growing and some skeptics still […]

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UK MP Wants to To Introduce Bitcoin Tax Payments

UK Member of Parliament, Eddie Hughes, has called for local authorities to take a lead, and accept Bitcoin payments. The Conservative politician also believes that a lack of reliable information is holding back wider adoption. The UK Should Take the Lead MP Hughes’ comments, reported in the Express newspaper, follow the recent announcement that Ohio now […]

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Blockchain Phone: Will Samsung Enter the Ring? Trademarks Say Yes!

The excitement of late in blockchain has centered around a particular blockchain phone. A first of its kind, this phone has crypto nerds alike beaming with joy; the idea of decentralized apps running on your phone is exciting, and that’s before we consider all the crypto possibilities. Blockchain Phone It started with Sirin Labs, whose pioneering […]

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British Lawmaker Proposes Tax and Utility Bill Payments in Bitcoin

U.K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay council tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative legislator for the Walsall North constituency said the move would place the country at the forefront of digital currency adoption in Europe. Also read: Gibraltar Exchange Obtains Insurance […]

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Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet. Speculators have formulated different hypotheses since the monstrous sum was moved. Was it a […]

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Crypto Holiday Guide: Gifts for Every Bitcoiner on Your Shopping List

The holiday season is here. And even if crypto prices are on the coal heap, you can still have fun spreading some holiday bitcoin cheer. For the bitcoiners in your life, this could mean a crypto-related gift as a token of solidarity. After all, what better way to commiserate with fellow HODLers than decking their […]

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State Farm is Now Testing Blockchain Technology for Auto Insurance Claims

US automotive and life insurance group State Farm is now testing blockchain technology to potentially speed up auto claims. The company announced the new pilot for its blockchain-based subrogation platform on its website yesterday. State Farm Testing Blockchain Technology According to the company’s website, the company processes just over 38,000 claims per day and has 519,000 accounts […]

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New Platforms Track Major Stablecoin Markets

The birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these fiat-pegged digital assets. Dedicated platforms are now aggregating statistical data about stablecoin markets for the benefit of traders. Also read: Chat Bot Advises Crypto Startups and Investors The Stablecoin War Is Heating Up The last […]

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The Next Quantum Leap in Financial Trading – [BTC Media Sponsor]

A common narrative in today’s financial world is that crypto holders are often unable to execute trades without paying large amounts of commissions and fees. Traditional markets are loaded with retail brokerages that bet against their clients with artificially adjusted prices, spreads and unrealistic fees. Enter Quantfury, an emerging enterprise that’s on an ambitious quest […]

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Only Bitcoin Gets to Be a ‘Legal Pyramid Scheme’ Like Gold, Says Mike Novogratz

Bitcoin proponent and former Wall Street hedge fund manager Mike Novogratz remains optimistic despite the prolonged 2018 bear market. The investor holds that Bitcoin will become “digital gold” – a store of value in the same sense gold is.  ‘Now I’m The Ugly Face of Crypto’ Having made a series of accurate calls in the […]

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Report: BTC Gets a Health Check in ‘The State of Bitcoin’

Delphi Digital has taken a deep dive into bitcoin core in its first “The State of Bitcoin” report. The 59-page document from the digital asset investment company leaves no stone unturned, covering everything from BTC payments to coin distribution and rolling returns compared to stocks and gold. The report brings together a plethora of interesting […]

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Crypto-Focused VCs Invest $30 Million in Digital Banking App

Good Money, a digital banking startup, has announced it’s raised $30 million in Series A funding. The round was led by Galaxy Digital with investments from Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, Blockchange Ventures, Cross Culture Ventures, Troy Carter, Mitch Kapor, Peter Diamandis, Blake Mycoskie, Justin Rosenstein and others. Also Read: Law Professor: […]

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‘We’ll Be Right Back!’ – Signs Point to Exit Scam For Cryptocurrency Platform Cubits

Users are venting frustration at UK-based cryptocurrency wallet and exchange Cubits after the service went offline following alleged payment delays. Cubits Website Disappears Overnight Cubits, the trading name of Dooga, a company formed in London in 2014, became involved in a legal battle over allegations it was hacked earlier this year, a court ruling in […]

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The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain Talent

In Tuesday’s edition of The Daily we cover stories about an electronic gift card program that Coinbase is extending to the U.S. market, new job offerings from Facebook that hint at the company’s blockchain plans, and an investment in the field from Unicef. Also Read: US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation Coinbase […]

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Bitcoin ETF Approval Chances Down to 10%, Says Legal Expert

Following last week’s delay of the SEC to decide on whether to approve or not the proposed, commodity-backed bitcoin ETF proposal of VanEck and SolidX, legal expert Jake Chervinsky now says that there is a 10 percent chance of its approval.  ‘I Think the ETF is in Trouble’ Jake Chervinsky, a legal expert who correctly […]

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Japanese Lawmaker Proposes 4 Tax Cuts for Cryptocurrency Users and Traders

A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation. Also read: Indian Supreme […]

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‘Proof Of Keys’ Wants You to Get Your Bitcoin Off Exchanges on January 3

Cryptocurrency investor and entrepreneur Trace Mayer plans to use the anniversary of the Bitcoin genesis block to make holders reclaim their private keys. Mayer To Bitcoin HODLers: Reclaim Sovereignty In a video introduction to the plan, which he dubbed ‘Proof of Keys,’ Mayer appealed to the Bitcoin community to remove all funds not under their […]

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Ukrainian Village Distributes Dividends From Crypto Investment

Despite the market slump, the head of а village council in Ukraine has managed to earn profit from a cryptocurrency investment he made on behalf of the residents of the Elizavetovka, Dnipropetrovsk region. Earlier this year, Maxim Golosnoy bought a small amount of cryptocurrency using his own savings and has recently distributed dividends to the […]

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Sentiment Analysis Service Predicoin Launches for Cryptocurrency Traders

Keeping abreast of cryptocurrencies means frequently browsing and interpreting vast amounts of content from various online sources. As the crypto markets expands and matures, information overload becomes a problem. Astute traders are increasingly seeking crypto-specific tools that can distill the noisy input data into quality insights. Predicoin is one such potential solution. Also read: Meet […]

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Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans

A cryptocurrency “airdrop” fundraiser has been launched to help Venezuelans. People are donating funds via a number of different coins to the citizens of the crisis-stricken South American nation — many of whom are refugees. Also read: Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value Donate Coins to People in Need Launched by Airtm, a […]

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Steady Rise in Small Businesses Accepting Bitcoin Payments in Kenya

Kenyan health services provider Health Land Spa has started taking BTC and other cryptocurrencies as a means of payment with a view to increasing accountability and averting losses. Across East Africa, cryptocurrency acceptance is on the rise, with at least two restaurants in Uganda and Kenya selling food for virtual currencies. Also read: Wirex Introduces Iban […]

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PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’

Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in describing STOs, accusing security token offerings of comprising “illegal financial activity.” Also Read: Federal Agents Told This […]

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Opinion: Stock Up On Canned Food (And Bitcoin)…World Wide Winter is Coming!

Whilst we are battening down hatches, and wrapping ourselves up for protection against the present crypto-winter, remember one thing. All is far from perfect in fiat-land around the globe… and Bitcoin is currently quite the bargain as the stock market is looking shaky once again.  First Stop – France Macron’s recent tax-hikes have seen Paris […]

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Bitcoin Price Analysis: BTC At Risk Of More Losses Below $3,300

Key Points Bitcoin price topped near the $3,645 level and later declined against the US Dollar. There is a major bullish trend line formed with support at $3,355 on the hourly chart of the BTC/USD pair (data feed from Coinbase). The price is likely to extend the current decline below the $3,350 and $3,300 levels. […]

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US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation

Carol Goforth is a professor at the University of Arkansas School of Law. She recently published a paper about the consequences of having cryptocurrency regulations fall under a number of conflicting laws, defined by various U.S. authorities, all at the same time. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Confusing, Prohibitive […]

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Gibraltar Exchange Obtains Insurance for Crypto Assets as Cyber Attacks Soar

With cyberattacks on the rise, Gibraltar Blockchain Exchange (GBX) has announced an insurance policy to cover its digital assets in partnership with Gibraltar-based Callaghan Insurance. Cryptocurrencies held in both the hot and cold wallets of the trading platform will be insured. Also read: Report: Swiss City of Zug Named Fastest Growing Tech Hub in Europe Cyber […]

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Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk […]

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‘Unusually Large Miner Selling’ May Have Crashed BTC Price, Not Fundamentals

BTC price crash may have been sparked by an ‘unusual’ uptick in miners selling to finance the BCH hash war, according to BitMEX Research. Meanwhile, other metrics reveal that the recent price decline is disproportional with BTC market fundamentals.  BTC Price Crash and Bitcoin Cash Hash War Bitcoin 00 has lost around 45 percent of […]

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Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’

The entire crypto-economy has been meandering just above $109 billion after the last two weeks of market dumps. Volume has been light this week as digital asset enthusiasts and traders are now pondering the crypto market’s next big move. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Market Surfers Wait for the […]

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SFOX Posits Factors Behind November Crypto Volatility in Recent Report

n nn nn SFOX, an institutional crypto trading platform, recently released a comprehensive, data-packed analysis on the possible causes of the volatility in the cryptocurrency space over the month of November.The report, which SFOX released on their website, covers a large amount of raw data, looking at factors such as price fluctuation on a day-to-day […]

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Bitmain Follows Industry Trend, Shutters Operations in Israel

n nn nn Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development R&ampD center in Ra’anana, Israel, according to reports from local news outlet Globes.The R&ampD center, which produced Bitmain’s first Israeli mining pool ConnectBTC, was launched in 2016 to explore meaningful use cases of blockchain technology, as […]

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Major Brands Are Now Using Blockchain Tech for Customer Loyalty

Customer loyalty is one of the cornerstones for every successful business, which is why it is no surprise that many businesses offer club memberships, frequent customer rewards and many other loyalty program incentives to their customers. However, the massive multitude of clubs and programs can be frustrating for customers to navigate, as they try to […]

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Bitmain Shuts Down Research and Development Center in Israel

The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Bitmaintech Israel Closes Down According to reports from Israel, Bitmain’s research […]

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Crypto News: EOS Surges and Ripple Exec Says He isn’t Phased by Bull Market

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market. EOS Surges as Other Coins Fall EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a […]

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Venezuela and Argentina Are Buying the Dip, New Data Shows

If you look at the latest activity on Localbitcoins, there has been a large spike in recent days from both Argentina and Venezuela buying bitcoins. Both these troubled Latin American countries have displayed a steady increase in buying cryptocurrency due to rising inflation and troubled economies. But is the sudden uptick evidence of the two […]

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Bitmain Follows Industry Trend, Shutters Operations in Israel

Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra’anana, Israel, according to reports from local news outlet Globes. The R&D center, which produced Bitmain’s first Israeli mining pool ConnectBTC, was launched in 2016 to explore meaningful use cases of blockchain technology, as well as […]

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SFOX Posits Factors Behind November Crypto Volatility in Recent Report

SFOX, an institutional crypto trading platform, recently released a comprehensive, data-packed analysis on the possible causes of the volatility in the cryptocurrency space over the month of November. The report, which SFOX released on their website, covers a large amount of raw data, looking at factors such as price fluctuation on a day-to-day basis and […]

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Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings

Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency earnings. The Israeli tax regulator has opened hundreds of tax accounts and sent letters of notice to Israeli citizens suspected of failing to disclose earnings derived from cryptocurrency-relate activities. Also Read: $1 Million BTC Options Position Set to Expire […]

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GG World Lottery Secures Funds for Expansion from its Public Sale

With a proven and working platform already in place, GG World Lottery has not only been able to secure funds for its marketing department but also has funds in place to enter the African market. Through its first public sale, GG World has secured $5.5 million for its next phase. The public sale kicked off […]

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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil.” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities […]

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The Daily: Virtual Land Auction Goes Live, How the Crypto Crash Affects Miners

From mining virtual currencies to purchasing virtual land, Monday’s episode of The Daily spans very different regions of the cryptosphere. We begin with an examination of how the latest bitcoin crash has affected miners, and then follow up with a look at the second Decentraland virtual land auction, which commences at 10 a.m. EST today. […]

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KuCoin Crypto Exchange Proudly Announcing the Listing DAI Stablecoin and Maker (MKR)

KuCoin blockchain asset today is proudly announcing the listing of another Stablecoin, DAI, and the ERC-20 token, Maker (MKR). Deposits on both are now available utilizing KuCoin website and to their iOS and Android applications. DAI’s supported pairs are BTC/DAI, ETH/DAI, USDT/DAI, and MKR/DAI. And for MKR with possible pairs like MKR/BTC, MKR/ETH, and MKR/DAI. […]

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Transfer Your Tokens With ADAMANT Messenger or Use ADAMANT 2FA

Different types of cooperation often give growing companies a large share of support and overall sustainability on the market—this can be seen from experience of already existing technological history, as well as from simple observations of actions and outcomes on the classic trading market for nearly a hundred years. Crypto market is a rather new […]

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Trace Mayer Draws Support for Proof of Keys — Celebrating Genesis Block Day

Trace Mayer is calling for all bitcoiners to participate in a “Proof of Keys” celebration on Genesis Block day. “Not your keys; not your bitcoin,” he emphasized, urging bitcoiners to declare monetary sovereignty by withdrawing all of their bitcoins held with trusted third parties to software for which they control the private keys. Also read: Indian […]

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‘You Will Be Kicked Out’ – China Officially Bans Security Token Offerings (STO)

The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies.  China: STO is ‘Illegal Financial Activity’ In continuation of its crackdown on digital currencies, China’s central bank has officially halted security token offerings, South China Morning Post reports. Speaking at […]

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Wirex Introduces Iban for All European Crypto Card Accounts

Cryptocurrency debit card provider Wirex has introduced Iban support for all EUR accounts in the past few weeks. Users in the European Economic Area (EEA) are now able to fund their accounts by bank transfer and receive euro payments. They can also have their salary deposited directly into their Wirex account.   Also read: Australian […]

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PR: Postar – Public Chain Transaction Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Recently, Postar, the world’s first public chain eco-transaction platform,has attracted […]

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Bobby Lee Predicts $2.5K Bitcoin Price Bottom As 15-Month Lows Near

The Bitcoin price could “bottom” at $2500 in January 2019, BTCC co-founder Bobby Lee has forecast in his latest prediction which many traders already consider too optimistic. Lee: Bitcoin Price Under $2K ‘Very Surprising’ On the back of an ongoing social media poll involving almost 5000 participants, Lee, who is becoming increasingly known for his […]

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Bitcoin News Summary December 10, 2018

The post Bitcoin News Summary &8211 December 10, 2018 appeared first on 99 Bitcoins.nHeres what happened this week in Bitcoin in 99 seconds. Bitcoin hit a new yearly low just below $3,300. Altcoins fared even worse, with Ethereum falling below $90 and Ripple below 30 cents. The total crypto market cap stands at $108 billion […]

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$1 Million BTC Options Position Set to Expire on Dec. 28

Former portfolio manager at the University of Chicago endowment and current CIO of Blocktower Capital, Ari Paul, was reported to have made the largest-ever speculative play using BTC options during December of 2017. The contracts, which will expire on Dec. 28, 2018, are almost guaranteed to close as a total loss. Also Read: Report: Indian Government […]

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EOS Price Analysis: 10% Rally Runs Into Key Resistance

Key Points EOS price formed a solid support near the $1.55 level and recovered more than 10% against the US Dollar. There was a break above a major bearish trend line with resistance at $1.75 on the hourly chart of the EOS/USDT pair (data feed from Poloniex). The price faced a crucial resistance near the […]

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Chatter Report: Sirer Says Crypto Too ‘Volatile’, Zhao Ponders Next Bull Market ‘Trigger’

In today’s chatter report, Emin Gun Sirer debates with Diego Gutierrez-Zaldivar on cryptocurrencies being a good store of value and Changepeng Zhao crowdsources Twitter for ways to trigger the next crypto bull run. Some, like Richard Heart, believe that bull runs are determined by technical indicators while others argue that fundamental changes need to be […]

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Report: Indian Government Panel Submits Cryptocurrency Recommendations

The Indian government panel appointed to recommend cryptocurrency measures has reportedly submitted its report to the country’s finance minister, suggesting a new legal framework for cryptocurrencies. The actual content of the report has yet to be announced publicly. Industry participants weigh in on speculation about the report’s content. Also read: Indian Supreme Court Moves Crypto Hearing, […]

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Federal Agents Told This Silk Road Moderator to Fake His Own Death

A former administrator from the now-defunct Silk Road marketplace is recounting his story in a tell-all book and movie deal. After being arrested in 2013, darknet moderator Curtis Green was involved in a bizarre conspiracy with corrupt Silk Road investigators and was later told to fake his own death. Also read: Tales From A Dead Man: […]

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Report: Swiss City of Zug Named Fastest Growing Tech Hub in Europe

The city of Zug, home of the Swiss Crypto Valley, has been named the fastest growing technology community in Europe. Zug ranked atop the “State of European Tech” report by London-based global investment firm Atomico last week, on the strength of its year-on-year growth of attendees to tech-related meetup events. Also read: Malaysian Financial Regulators to […]

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Cherry on Top Bitcoin ABC, Bitmain, Ver Target of Suit Following BCH Split

n nn nn As if the drama surrounding the recent Bitcoin Cash split needed a sequel, the vaudevillian sideshow has reached a new stage the legal arena.A suit spearheaded by United American Corporation UnitedCorp, a telecom company with a little-known blockchain subsidiary, BlockNum, is taking legal aim at Bitmain and its cofounder Jihan Wu Bitcoin.com […]

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Cherry on Top: Bitcoin ABC, Bitmain, Ver Target of Suit Following BCH Split

As if the drama surrounding the recent Bitcoin Cash split needed a sequel, the vaudevillian sideshow has reached a new stage: the legal arena. A suit spearheaded by United American Corporation (UnitedCorp), a telecom company with a little-known blockchain subsidiary, BlockNum, is taking legal aim at Bitmain and its cofounder Jihan Wu; Bitcoin.com and its […]

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Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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Text-Enabled BCH Payments Now Available in 35 Countries With Cointext

Cointext has announced that its bitcoin cash wallet service has just launched in the Ukraine and Italy. Cointext is now connected to 35 countries worldwide and the wallet works on any smartphone as well as basic feature phones. Also read: Simple Ledger Developers Publish Monthly Puzzle With Bitcoin Cash Treasure Cointext Connects to the Ukraine and […]

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New Report Updates Cryptocurrency Exchange Ratings

A quarterly ratings report has upgraded the score previously given to seven cryptocurrency exchanges, while downgrading four. It has also added seven new exchanges, rating them on such metrics as trading volume, security, and compliance. In related news, Crypto Exchange Ranks (CER) has begun tracking the hot and cold wallets of exchanges as part of […]

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The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund Coinalpha

U.K.-based startup Trustology, which develops storage solutions for digital assets, has raised $8 million in funding and we’ve got the news in this edition of The Daily. We also look at the SEC’s decision to fine another crypto company for breaching U.S. securities laws and HTC’s decision to have Brave as the default web browser […]

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Bithumb Launches Voting Platform to Screen New Cryptocurrencies

Major South Korean cryptocurrency exchange Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. The platform, Pickthumb, aims to boost transparency and fairness in Bithumb’s listing process. Five coins are currently being evaluated with the current voting round ending in nine days. Also read: Indian Supreme Court […]

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Eight Reasons to Use Cryptocurrency Payments in 2019

This article on cryptocurrency payments was written by Thomas Highwater, who is an avid fan of all things crypto-related. Mr. Highwater teaches high-school level robotics and programming. *** While there is a growing number of fiat based-payment processors with a variety of practical tools and methods of payment, adding cryptocurrency payments into the mix provides […]

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Korean Court Case Alleges Government’s ICO Ban Is Unconstitutional

A constitutional complaint has reportedly been filed in South Korea alleging that the government’s ban on initial coin offerings is unconstitutional. It has been more than a year since token sales were banned in the country but the government has yet to introduce any regulations for them, causing problems for startups. Also read: Indian Supreme Court […]

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Australian Company Issues Loans Backed by Cryptocurrencies

A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times.    Also read: Chat Bot Advises Crypto Startups and Investors Helio […]

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Simple Ledger Developers Publish Monthly Puzzle With Bitcoin Cash Treasure

In late November, the creators of the Simple Ledger Protocol announced the launch of Ledger Treasure, a contest in which contestants must solve a puzzle to win over $100 worth of bitcoin cash (BCH). On Dec. 6, Simple Ledger developer James Cramer revealed the winner of the first puzzle solved by gaining access to the […]

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Report: South Korea to Push for Major Adoption of Cryptocurrencies

South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world.  Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […]

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Malaysian Financial Regulators to Intensify Scrutiny of ICOs, Cryptocurrencies

Malaysia’s securities regulator and central bank are to strengthen their scrutiny of initial coin offerings (ICOs) through new rules meant to eliminate issues of unfair trade practices and alleged risk of money laundering and terrorism financing. The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) said they will also tighten regulation in the trade […]

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BCH App ‘Honest Cash’ Sees Significant Growth and Adds Native Wallet

Social media platform Honest Cash has activated 200 new users and added a few new features, according to its creator Adrian Barwicki. News.Bitcoin.com reported on its initial launch during the last week of November, when the blogging platform started with the first 100 registrants. Also read: ‘Crypto Crisis’ Mining Simulator Lets Players Relive the Last […]

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Wendy McElroy: Avoiding Fraud by Going Crypto-Anarchist

The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 8 Avoiding Fraud By Going Crypto-Anarchist A transfer on the blockchain is a simplistic peer-to-peer contract, which memorializes the terms for those involved and is seen to be valid by the surrounding community through transparency. It is […]

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The Daily: Binance Offers Multiple Accounts, Huobi Plans Institutional Exchange

In this edition of The Daily, cryptocurrency exchange Binance has announced support for multiple accounts and we’ve got all the details. Elsewhere, digital asset exchange Huobi wants to launch a regulated platform for institutional investors under its Gibraltar license. Finally, we cover a warning about an unauthorized crypto brokerage that has been issued by regulators […]

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Bitcoin History Part 3: Turning on the Faucet

With no exchanges, P2P marketplaces, or escrow services in Bitcoin’s earliest days, acquiring coins wasn’t easy. You either mined them or begged someone on the Bitcointalk forum to sell to you OTC. Then, along came a developer called Gavin Andresen who created a faucet that allowed anyone to claim free BTC. Also read: Bitcoin History […]

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Bipartisan Bitcoin Bills to Step up Consumer Protection in the U.S.

Two United States congressmen have introduced two pieces of legislation to help prevent alleged cryptocurrency price manipulation while aiming to position the U.S. at the forefront of innovation within the digital asset industry. Also read: Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx Protection From Price Manipulation The Virtual Currency Consumer […]

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Brazillian Bitcoin Exchange Sends User $35M in Bug-Induced Error

Accidental millionaire Kaique Nunes has a bug to thank after his withdrawal request of 500 reals ($128) erroneously returned a cool 137 million reals ($35.13 million) from Brazilian bitcoin exchange Bitcambio. Nunes was not too eager to part with his overnight millions when Bitcambio started contacting to effect a reversal of the transaction, suspecting an […]

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‘Crypto Crisis’ Mining Simulator Lets Players Relive the Last 10 Years of Bitcoin

In October, an early access game called Crypto Crisis was released on the digital distribution platform Steam. The recently launched title rewinds time to the year 2009 and lets players mine coins on a simulation of the Bitcoin network by utilizing historical data from the last decade. Also read: Indian Supreme Court Moves Crypto Hearing, Community […]

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U.S. SEC Delays Decision on VanEck's Bitcoin ETF Until February 2019

n nn nn The U.S. Securities and Exchange Commission SEC has postponed its decision to approve or disapprove the VanEck/SolidX bitcoin exchange-traded fund ETF. Per an official document published by the agency, the new deadline to review the VanEck proposal has been shifted to February 27, 2019, which the regulator claims would afford it the […]

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TrueUSD Is Now a Base Pair on Binance

n nn nn Malta-based cryptocurrency exchange Binance has added TrustTokens TrueUSD TUSD as a base currency, expanding the stablecoins available trading pairs.Adding to TUSDs original BTC pair, Binance will add the following trading pairs BNB/TUSD, ETH/TUSD, XRP/TUSD, EOS/TUSD and XLM/TUSD. The pairs, however, have not been integrated yet, and representatives from TrustToken told Bitcoin Magazine […]

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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm

n nn nn BitGo has a new CEO for its custody business.The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo’s crypto […]

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World of Ether is Now Live! Game on

The highly anticipated crypto-collectibles dApp, World of Ether (WoE), has officially launched its mainnet! World of Ether is LIVE!! Start exploring at https://t.co/gzqosL76JV pic.twitter.com/cxM9p7ZYyN — World of Ether (@WorldofEther) November 24, 2018 World of Ether World of Ether is a blockchain-based game that is centered around collecting, breeding, fighting, and selling monsters. The developers behind […]

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Bitcoin Address Illuminates Amsterdam’s Lights Festival

Residents of the Herengracht, one of Amsterdam’s most famous canalside streets, have been confronted by a curious combination of illuminated letters and numbers. The large 34-character display has provoked curiosity and more than a little confusion. Part of Amsterdam Light Festival, the gaudy installation is in fact a bitcoin address with a benevolent cause attached. […]

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USDT Volume Up Despite Tether’s Stablecoin Dominance Dropping

The ongoing drama surrounding the opaque operations of Tether throughout 2018 has driven the proliferation of similar pegged currencies, leading to USDT’s dominance over the stablecoin markets waning. Despite this shift, USDT trade volume has risen 100 percent since tether’s dramatic decoupling from its dollar peg in October. Also Read: Buffett Bet 2.0: Asset Manager Wagers […]

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Coinbase Opens the Door to More Than 30 New Cryptocurrencies

Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.” […]

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Cryptocurrency Downturn: A Tough December All Around

The cryptocurrency market is taking a tumble again today, marking another crypto downturn for what has been a tough December. BTC has fallen another 11% in the last 24 hours. It had previously fallen 8% only one week ago today. At the time of writing, the world’s largest coin is selling for $3,287 USD. Cryptocurrency […]

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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm

BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo’s crypto custody arm. […]

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Signature Bank Launches Ethereum-Based Payments Solution for Institutional Clients

The New York-based commercial bank has created a payments solution that is powered by a permissioned version of the Ethereum blockchain. Signature Bank, a New York-based full-service commercial bank, has partnered with trueDigital Holdings, LLC, a New York-based global financial technology firm, to launch a new digital payments platform. The new platform is dubbed “Signet” […]

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After Year-Long Wait New York-Based Exchange Gemini Lists Bitcoin Cash

Cryptocurrency exchange Gemini announced the launch of bitcoin cash (BCH) support and detailed that BCH will be available for trading on the platform this weekend. Bitcoin cash supporters have been waiting for Gemini to list BCH since the fork on Aug. 1, 2017. Beginning Saturday, at 9:30 a.m. EST, customers will be able to deposit […]

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Six EU Nations Sign Agreement to Regulate Distributed Ledger Technology (DLT)

The Government of Malta this week announced the signing of a joint declaration of cooperation on Distributed Ledger Technologies (DLT). They joined a group of six other Southern European countries; France, Italy, Portugal, Spain, Greece, and Cyprus. Transformative Technology The countries released a joint-statement noting a shared view that the digital sphere is an ideal […]

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TrueUSD Is Now a Base Pair on Binance

Malta-based cryptocurrency exchange Binance has added TrustToken’s TrueUSD (TUSD) as a base currency, expanding the stablecoin’s available trading pairs.  Adding to TUSD’s original BTC pair, Binance will add the following trading pairs: BNB/TUSD, ETH/TUSD, XRP/TUSD, EOS/TUSD and XLM/TUSD. The addition of TrueUSD as a quote currency offers more options to traders on the platform, who […]

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U.S. SEC Delays Decision on VanEck's Bitcoin ETF Until February 2019

The U.S. Securities and Exchange Commission (SEC) has postponed its decision to approve or disapprove the VanEck/SolidX bitcoin exchange-traded fund (ETF). Per an official document published by the agency, the new deadline to review the VanEck proposal has been shifted to February 27, 2019, which the regulator claims would afford it the time needed to […]

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Linux Rabbit Attacks IoT Devices to Secretly Mine Monero

The global cryptocurrency mining malware trend isn’t coming to an end anytime soon. A newly discovered malware strain specifically targets Linux and IoT devices. This is a different approach as most of these attacks focus on Windows devices. Researchers are concerned this new mining software will only make cryptojacking an even bigger problem. Known as […]

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SEC to Decide Fate of Vaneck Solidx Bitcoin ETF by Late February

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Vaneck Solidx bitcoin exchange-traded fund (ETF), which will trade on Cboe BZX Exchange. The SEC has received more than 1,600 comments and will make a decision by February next year. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]

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The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets

In this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s […]

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‘Buffett Bet 2.0’ – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the […]

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Cryptocurrency Scams in Singapore Net $78,000 in Just 3 Months

Cryptocurrency scams can be pretty lucrative as a string of them in Singapore has netted $78,000 in just three months. As P.T. Barnum is reported to have said, “There’s a sucker born every minute.” The reality is that many people are quite susceptible to get-rich-quick pitches from unscrupulous actors. A number of cryptocurrency scams in […]

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Markets Update: Leading Cryptos Grind to New Lows for 2018

In the last 24 hours, many leading cryptocurrency markets have broken down to post new lows for 2018. The bloodshed has seen BCH fall below $100 for the first time ever, while the market cap of ETH has fallen below $10 billion for the first time in over a year. The total capitalization of the […]

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Bitmain, Roger Ver, Kraken Sued as Bitcoin Cash Nightmare Continues

Roger Ver, Bitcoin.com, Bitmain, and Kraken are all sued by UnitedCorp over an alleged complot to hijack the Bitcoin Cash network for their own personal gain. United Corp. Sues Bitcoin.com, Bitmain, Kraken If the Bitcoin Cash fork fall-out that made November one of crypto’s most volatile months on record wasn’t bad enough, the nightmare continues. Although, […]

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Bitcoin SV Price Analysis: BSV/USD Enjoying Gains While Rivals Slump

Bitcoin SV is a rose among the thorns as it seems able to withstand major losses in the crypto market to spark and upside break from consolidation. Price was previously stuck inside a descending triangle pattern and the break higher suggests that further rallies are due. However, the price is hitting resistance at the 115.00 […]

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International Cooperation ‘Critical’ to SEC Action Against ICOs

Steven Peikin, co-director of the enforcement division of the U.S. Securities and Exchange Commission (SEC), recently described international cooperation as playing a critical role in facilitating investigations in the initial coin offering (ICO) sector. Also Read: Chinese Miners Short BTC Markets to Hedge Against Falling Prices  ‘Daunting Task’ of Identifying Misconduct Speaking at Harvard Law School, […]

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Bitcoin Price Analysis: BTC/USD Another Key Support Breakdown

Bitcoin is resuming its slide after consolidating close to the top of the descending channel on the 1-hour time frame. Price broke below a short-term falling wedge previously highlighted, as well as the yearly lows to create new ones. Price could be due to test the mid-channel area of interest on the descending channel around […]

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Ways to Track Monero and Zcash Sought by U.S. Government

The U.S. government is seeking development of ways to forensically track privacy-focused cryptos like Monero and Zcash. One of the main traits of cryptocurrency is its supposed anonymity. However, Bitcoin and other major virtual currencies can be easily traced, which has led to the creation of privacy-focused coins like Zcash (ZEC) and Monero (XMR). Such […]

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SEC Final Decision on VanEck Bitcoin ETF Now Set For February

Expectedly, the US Securities and Exchange Commission has once again delayed its decision on the commodity-backed VanEck/SolidX bitcoin ETF proposal. The Commission is left with no room for further delays and the absolute final decision will come on February 27, 2019.  Bitcoin ETF: The Last Delay In July Bitcoinist reported that the SEC’s decision on the commodity-backed […]

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Buffett Bet 2.0: Asset Manager Wagers Cryptocurrency Fund Will Beat S&P 500

Cryptocurrency asset manager Morgan Creek Digital is betting $1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are worthless […]

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Chinese Miners Short BTC Markets to Hedge Against Falling Prices

The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners in China are now short selling bitcoins to hedge against falling digital asset prices. Also Read: Markets Update: Cryptocurrencies Are Still Blood Red Some Chinese Miners Are […]

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Cryptocurrency Still a Minute Portion of Money Laundering Crimes, Says Police in Japan

Law enforcement in Japan says cryptocurrency money laundering constitutes only a minor portion of the total cases of money laundering in the country. This assertion comes even as police authorities say instances of virtual currency-related money laundering are on the rise. Two Percent According to the Japan Times, the country’s National Police Agency (NPA) announced […]

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Report: Troubled Crypto Exchange Wex Finds New Owner

Cryptocurrency exchange Wex, successor of the infamous BTC-e, has a new owner. Dmitry Havchenko, a former Ukrainian entrepreneur turned separatist fighter, has reportedly bought the coin trading platform through a family member. He now wants to restore it and also to track down the lost “Vinnik’s treasure.” Also read: BTC-e Operator Alexander Vinnik to Go […]

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Bithumb Overtook Binance as Largest Spot Exchange by Daily Volumes in November

Cryptocompare, the cryptocurrency market data aggregator, has published its monthly exchange review for November 2018, offering insights about the latest changes in the global market using transaction data from over 70 trading venues. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Key Findings in the Report The authors of the report found that […]

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Extensive Bear Trend Forces ConsenSys to Slightly Pivot its Business Model

The ongoing cryptocurrency market pressure causes many side effects. For Ethereum co-founder Joseph Lubin, tough decisions have to be made. His company, ConsenSys, will undergo a restructuring in the near future. This change will help the firm avoid unnecessary friction from this extended bear market. ConsenSys Feels the Market Pressure Every company involved in cryptocurrency […]

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Crypto Playing Cards: New Cards that Will Help Crypto Adoption

Crypto wants to switch up the financial sector. Why not do so while playing cards!? A Switzerland-based company is now selling Crypto Playing Cards online. Crypto Playing Cards There are no Clubs, Spades, Diamonds, or Hearts in this deck. Rather, the cards are all about cryptocurrency. Players will play their hand with the specially designed crypto […]

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The US Department of Homeland Security Offers $800K for Blockchain-Based Anti-Forgery Software Development

The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation. US Department of Homeland Security and Blockchain The DHS, through its […]

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Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax Filings for 2019

With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one accounting envisages a barrage of loss claims in cryptocurrency and Bitcoin tax filings next year. Record Loss Claims in Cryptocurrency Tax Filings In a press release by NODE40 – a cryptocurrency accounting firm, the company […]

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What Grin and Mimblewimble Mean for the Future of Bitcoin Privacy

In a little over a month, one of the most eagerly anticipated cryptocurrency projects in recent times will launch. There will be no ICO or premine, and, like the transactions themselves, the project team are highly private. Grin, the first network to utilize Mimblewimble cryptography, has wide-ranging implications for privacy that could ultimately shape the […]

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R3 Launches Corda Settler; Selects Ripple’s XRP as Its First Supported Cryptocurrency

R3 – a blockchain solutions developer for businesses – has launched its new Corda Settler application and chosen Ripple’s XRP to be its first supported cryptocurrency. So, What Does the Platform Do? The platform is designed to allow financial obligations raised on the Corda blockchain to be made through virtually any of the world’s global […]

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Binance Showcases Decentralized Exchange Progress in Latest Video

n nn nn Binance just offered its users an in-depth sneak peek of its forthcoming decentralized exchange DEX. Announced in March of 2018, the decentralized exchange will be built on Binances own Binance chain, the soon-to-be base layer for BNB, Binances trading currency that is currently an ERC-20 token.A December 4, 2018, YouTube video posted […]

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Nydia Zhang of the Social Alpha Foundation Using the Blockchain for Good

n nn nn As chairman and co-founder of the Social Alpha Foundation SAF, Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking.Zhang earned her bachelor’s degree in […]

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Previously Inactive Whales Are Moving Large Amounts of BTC

Earlier this week, armchair sleuths began pointing out that large amounts of cryptocurrency from long-dormant addresses have been on the move. For instance, one wallet that’s been inactive since its inception in 2013 moved 66,452 BTC — worth around $245 million — to an unknown address. Hours later, a few more addresses from the top […]

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Where Will Bitcoin Price Go as It Nears November Lows?

The Bitcoin price was hovering near its lowest levels in 14 months December 6 a fresh downturn continued to take its toll on investors. Another Grim Day For Bitcoin Traders Having lost support at $4000 Tuesday, 00 slipped further towards lows set last month around $3500, reaching $3680 before appearing to claim new support at […]

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Nasdaq Confirms Plans to Launch Bitcoin Futures in First Half of 2019

Joseph Christinat, the vice president of Nasdaq’s media team, has confirmed that the exchange will soon launch bitcoin futures. In a recent interview with a newspaper in the U.K., Christinat revealed that the platform plans to start offering bitcoin futures contracts within the first half of 2019. Also Read: Chilean Court Rules in Favor of Closing […]

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Nydia Zhang of the Social Alpha Foundation: Using the Blockchain for Good

As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking. Zhang earned her bachelor’s degree in art history […]

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Tech Expert Predicts Resurgence of Cryptocurrencies in 2019

The economic slowdown will trigger traction for cryptocurrencies again in 2019, believes the co-founder of Thomas Crown Art. Are Cryptos Dead? Cryptocurrencies have had a terrible year so far. After reaching an all-time high of over $800 billion in market capitalization in January 2018, the cryptocurrency market has lost over $700 billion throughout the year. […]

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