Thursday, May 31, 2018

Philippines’ Crypto Wallet Reaches 5 Million Users, Adds More Coins

Averaging more than a million onboardings per year, Philippines’ Coins.ph announced it reached a whopping five million users this week for its mobile payments application (app) and hot crypto wallet. Not content with merely adding numbers for their own sake, the company also revealed it would add two new popular coins: bitcoin cash (BCH) and […]

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Bitcoin in Brief Thursday: Asus Creates 20-GPU Mining Motherboard

In today’s edition of Bitcoin in Brief we feature news from all over the world. These stories include a new multi-GPU mining motherboard from Taiwan’s Asu; a Singaporean businessman acquiring a Japanese exchange; some ripple-loving alleged Russian hackers shaking down Canadian banks; and a Colombian soccer star launching his own coin. Also Read: Austrian Financial Market […]

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US: Inventor Of Beats Headphones Applies To SEC For $300 Mln ICO

Monster Products, the company that signed away rights to its Beats headphones, is planning a comeback via a multimillion-dollar ICO. Embattled headphone manufacturer Monster Products Inc. has applied to U.S. regulators to launch a giant $300 mln Initial Coin Offering (ICO), a Securities and Exchange Commission (SEC) filing signed May 25 confirms. Monster, which began […]

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PR: Mesmr – Revolutionary Decentralized Media Platform Announced

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. Los Angeles, CA (May 30, 2018) — mesmr, the blockchain-based […]

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Bitcoin For America: Cryptocurrencies In Campaign Finance

In the wake of the 2018 election cycle, candidates turn to crypto donations to fill their coffers. Last week, Secretary of State of Colorado Wayne Williams proposed a new set of rules for financing political campaigns, which now includes a section on cryptocurrencies. The original edition of the draft introduces the same caps for crypto […]

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Localbitcoincash.org Revamps Website and Adds New P2P Features

A few months ago news.Bitcoin.com reported on the platform Localbitcoincash.org growing popular and adding a few new features. Now the website has revamped its user interface and the website’s developer has added services like a direct crypto-to-crypto exchange and a shopping section where users can post items to sell for Bitcoin Cash. Also read: The Exahash […]

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Wednesday, May 30, 2018

Japan’s Gumi Launches Global Blockchain Investment Fund

Leading mobile game publisher gumi Inc. has announced a new cryptocurrency fund with an initial investment of $30 million, with the goal of investing in early-stage crypto startups. The fund, called Gumi cryptos, offers its portfolio companies a strategic viewpoint into the Japanese market. To date, the fund has made four investments, investing in Basis, […]

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Crypto On the Go: Prague Subway Gets 10 New Bitcoin ATMs

GENERAL BYTES, a Prague-based bitcoin ATM manufacturer, has installed 10 new cryptocurrency ATMs throughout the Prague subway. With this latest move, commuters using the busy Prague Metro can buy and sell virtual currencies on the go. One of the busiest metros in Europe, over 1.2 million people pass through the Prague subway daily. The company […]

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Bitcoin Cash (BCH) & Tron (TRX) – Price Roller Coaster & Project Upgrades

Bitcoin Cash (BCH) & Tron (TRX) – Most of the cryptocurrency market is in the green today, after slowly declining the whole month of May. Source: CoinMarketCap Presently, the total cryptocurrency market cap is just above $331 billion. Most coins have seen high volatility the past two weeks, but let’s take a closer look at […]

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New Report Suggests Average ICO Investor Sees 82% Profit

A new analysis of over 4,000 ICOs has found that crypto tokens generate “abnormal positive returns,” with the average ICO investor seeing 82% returns. Recent analysis of Initial Coin Offerings (ICOs) has found that the average ICO investor sees returns of 82 percent, according to report published by the Boston College Carroll School of Management […]

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Ethereum Classic Upgrades Network Protocol to Ensure Mining Remains Viable

Ethereum Classic claims a successful network upgrade has been implemented at block 5,900,000 to ensure that mining will stay viable in future. Ethereum Classic (ETC) has now successfully implemented a protocol upgrade that will ensure that mining remains viable in future, according to ETC Block Explorer data yesterday, May 29. The fork, dubbed ECIP-1041, has […]

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Company to Open Mining Centers in Unused Buildings Across Swiss Alps to Reduce Energy Costs

sponsored A company is opening mining facilities in unused buildings across the Swiss Alps to make it less energy intensive and more cost effective. A company believes it has found a way to reduce the impact that blockchain-driven businesses and mining for cryptocurrencies have on the environment: open specialist facilities in the Swiss Alps. According […]

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Tuesday, May 29, 2018

Korean Customs Service to Develop Full-Scale Blockchain Customs Platform

The Korean Customs Service (KSC) has signed an MoU with Malltail to develop a blockchain-based customs platform. The Korean Customs Service (KSC) has signed an MoU with the Korean operator of Malltail to develop a blockchain-based customs platform for the e-commerce industry, local media outlet Chosun reports today May 29. Malltail is the leading consumer […]

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S. Korea: Financial Regulator ‘Sympathizes’ With Demands to End Crypto-Blockchain Regulatory Split

South Korean lawmakers should not treat blockchain and cryptocurrency differently for regulatory purposes, a local blockchain researcher has said. A South Korean blockchain researcher has criticized the government’s approach to regulation of the technology at the 2018 Seoul Financial Forum, local media reported May 29. Addressing the head of South Korean regulator the Financial Supervisory […]

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Australia: PwC, Chamber of Commerce, Port of Brisbane Partner for Blockchain Pilot

Australian businesses have partnered with the Port of Brisbane to release a blockchain-based proof of concept for supply chain management. PwC Australia, the Port of Brisbane, and the Australian Chamber of Commerce and Industry have partnered to release a blockchain-based supply chain management proof of concept (PoC), according to PwC’s press release published today, May […]

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South Korea’s National Assembly Officially Proposes Lifting ICO Ban

South Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space National Assembly’s Proposal […]

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Bitcoin in Brief Tuesday: Positive Predictions Meet Negative Prognosis

In times when cryptocurrency markets are experiencing a relatively significant dip, some influential voices continue to sound optimistic. We cover these opinions in today’s edition of Bitcoin in Brief. Of course, positive predictions are almost always balanced by some negative expectations; in this case they are part of a short-term prognosis. Also read: Bitcoin in […]

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PR: DIWtoken.com – Alpha Launch on Testnet Before the End of ICO

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. It has already been three weeks since the launch of […]

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Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA […]

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Founder of Chinese Ride Hailing Company to Launch Blockchain-Based Taxi App

Chen Weixing, the founder of ride hailing company Kuaidi Dache is planning to launch a blockchain-based ride hailing app. Chen Weixing, the founder of Chinese ride hailing company Kuaidi Dache, is planning to launch a blockchain-based ride hailing app, China Money Network reports May 28. Chen is partnering with co-founder of Meituan Yang Jun to […]

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German Prosecutors Sell Seized Crypto for Millions of Euro

German authorities have sold off bitcoin seized in criminal proceedings for €12 mln. Prosecutors in the German federal state of Bavaria have sold seized cryptocurrency worth €12 mln ($13.9 mln), the highest such sale in German legal history, local news Der Tagesspiegel reported May 28. The sale reportedly involved 1312 Bitcoins (BTC), in addition to […]

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Monday, May 28, 2018

1090 DApps And 700 Tokens Launched on Ethereum Network in 2017, Analyst Says

Etherium analytics firm Alethio has revealed that as many as 1,090 DApps and more than 700 tokens were launched on ETH blockchain in 2017. In 2017, 1,090 decentralized applications (DApps) and more than 700 tokens have been deployed on the Ethereum (ETH) network, Finance Magnates reports May 28. According to Christian Crowley, business analyst of […]

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Op Ed: How Atomic Swaps Could Work for Stock Market Trading

Traditional stock market trades can leverage the concept of atomic swaps to facilitate direct stock-to-stock trades without requiring cash positions. Atomic Stocks Overview In traditional stock exchanges, retail investors in public markets are unable to switch from one position to another without first going into cash. For example, an investor looking to trade his or […]

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Chinese Report: Blockchain Projects Go From Boom to Bust in 15 Months

The Chinese government continues its investigation into blockchain projects, with a research spokesman claiming only 8% of them remain active. A Chinese government analysis has concluded the average lifespan of a blockchain project is 1.22 years, sources report May 28. Speaking at the ongoing China International Big Data Industry Expo 2018 in Guizhou, He Baohong […]

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PR: Former Head of Strategy & Operations Consulting at KPMG Joins XinFin 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. Singapore, May 27- S. V. Sukumar, the former Partner and […]

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Draft Law Requires Israeli Firms to Report on Clients’ Crypto Activites

The Israeli Ministry of Finance has published draft prohibiting money laundering regulations with provisions specifically pertaining to virtual currencies. The proposed regulations will also introduce a suite of new reporting requirements for financial service providers, including strict conditions regarding the cryptocurrency activities of clients. Also Read: South Korean Exchange Bithumb Blocks Trading in 11 Countries Israeli […]

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Blockchain Projects Live a Little Over a Year on Average, China Claims

The majority of blockchain projects have a short life span, averaging a little over one year, according to a report by Chinese researchers. Less than a tenth of the examined projects in the study are still active, a local official revealed at a big data expo in the city of Guizhou. Beijing, however, has recently […]

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South Korean Exchange Bithumb Blocks Trading in 11 Countries

South Korea’s largest cryptocurrency exchange Bithumb has announced that it will block trading in 11 countries as part of its revised internal regulations aimed to prevent money laundering using its system. Foreign users will also need to undergo a stricter verification process. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Preventing Money Laundering Bithumb announced […]

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Scottish ‘Crypto Clinic’ Treats Bitcoin Trading Addicts

A Scottish hospital has created a course of residential treatment for those it deems to be ‘crypto addicts,’ in the UK’s first crypto rehabilitation program. A Scottish hospital is treating people who are addicted to trading cryptocurrencies in the UK’s first ever ‘crypto clinic,’ the Evening Standard reported today, May 28. Castle Craig Hospital in […]

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Bitfury, Co-Founder of HIT Foundation Win BlockShow’s Blockchain Industry Leaders Poll

Winners have been announced for Blockshow’s 2018 blockchain industry leaders poll, which was conducted using a blockchain-based voting app called Polys. Blockshow Europe 2018 has announced the winners for its blockchain industry leaders poll, which was conducted using a blockchain-based voting app called Polys. BlockShow’s 2018 poll gave supporters worldwide the opportunity vote for those […]

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Despite Hitting Monthly Price Lows, Bitcoin Network Fundamentals Keep Growing

Crypto markets continue their downward trend with all top ten coins by market cap in the red, Bitcoin trading around $7,200. Monday, May 28: crypto markets are experiencing a significant decline with all top ten cryptocurrencies listed on Coinmarketcap (CMC) in the red. Some altcoins such as Cardano (ADA) and Bitcoin Cash (BCH) are seeing […]

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BlockShow Europe 2018 Kicks Off in Berlin, Join Live Stream

BlockShow 2018 Europe has started in Berlin, bringing together over 3,000 attendees and 150 projects from the international blockchain space. BlockShow Europe 2018 kicked off this morning in Berlin, bringing together over 3,000 attendees and 150 projects from the blockchain space for a major conference that will run over the next two days, May 28-29. […]

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Bitcoin in Brief Monday: Poloniex Responds to Frozen Accounts Complaints

In today’s edition of Bitcoin in Brief we feature stories that show the increased focus regulators have placed on companies operating in the cryptocurrency scene and how it can adversely affect clients. FCA revels it is investigating dozens of ventures, and Poloniex tries to reassure legacy clients that their frozen funds are safe. Also Read: Niall […]

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PR: Cryptocurrency Payment Service Platform Sopay Launches Crowdfunding on the LEEKICO 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. Sydney, Australia – SoPay, a project aiming to develop a […]

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Prague Subway System Now Has Ten New Bitcoin ATMs

One of the largest Bitcoin ATM manufacturers in the world, General Bytes, has recently installed ten new cryptocurrency ATMs throughout the Prague subway in the Czech Republic. Now commuters riding the Prague Metro can purchase digital assets at various locations spread out across the fifth busiest metro system in Europe. Also read: Yahoo! Japan Confirms Entrance […]

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How Lithuania Became a Hub of Cryptocurrency Innovation

On the southeastern shore of the Baltic Sea lies Lithuania, a country of some 2.8 million. Most most people would struggle to place it on a map, and there are 77 European cities larger than its capital Vilnius, which number just 578,000. Despite this, Lithuania has outperformed nations 20 times its size in the token […]

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Sunday, May 27, 2018

Bitcoin Magazine’s Week in Review: Expanding Exchanges and Investors

Cryptocurrencies and exchanges were the focus this week. Coinbase is getting into the decentralized exchange business with its acquisition of Paradex, potentially opening up thousands of ERC-20 tokens to traders, depending on what the SEC ends up doing with regulations. The parent company of the New York Stock Exchange, Intercontinental Exchange, continues work to implement […]

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Hodler’s Digest, May 21-27: Market Slumps, Crypto Investigations Abound, but Adoption Stays Strong

Verge has been hacked, again, the US is investigating spoofing and wash trading in the crypto markets, and more in this week’s Hodler’s Digest. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, […]

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Buy Bitcoin, Sell Your Altcoins, Says Pioneering Wall Street Blockchain Analyst

Bitcoin remains a strong investment and will see at least $10k before year’s end, says blockchain venture capitalist Spencer Bogart. Bitcoin remains a strong buy despite recent losses, blockchain venture capitalist Spencer Bogart told CNBC yesterday, May 26. The cryptocurrency will trade “at least” above $10,000 by the year’s end, he added. Bogart is a […]

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BTCC to Launch New Exchange Platform in June

Chinese crypto company BTCC has announced it will launch an upgraded exchange platform next month. Initially, users will be able to trade BCH, BTC, ETH, LTC, and USD, with other currencies to be added later. BTCC returns with enhanced liquidity, faster deposits and withdrawals, and zero trading fees for the first three months. Also read: […]

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This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living in His Car

This week we learned that Deutsche Börse “Deep at Work” on Bitcoin and John McAfee predicted bulls’ billions will soon be pumped by institutional investors, despite the current cool market. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. And the most commented on story of the week talked […]

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Despite 2018 Bear Trend, Top Ten Crypto Markets of 2017 Gain Average of 170% in 12 Months

In our latest historic snapshot analysis, we look at the performance of the top ten cryptocurrency markets since May 28th, 2017. Despite suffering heavy losses during 2018, the average price gain of the top ten markets has been 170% when compared with prices from 12 months ago, with only one of the then leading markets […]

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GDPR and Blockchain: Is the New EU Data Protection Regulation a Threat or an Incentive?

New European data protection regulation to trigger even more blockchain innovation. The General Data Protection Regulation (GDPR), a sweeping and stringent European Union (EU) wide legal framework for personal data privacy, became effective on May 25. Ready or not, this framework is going to drastically transform the business of any digital venture. The International Association of […]

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Bitgrail Exchange Ordered Down Indefinitely as Italian Court Upholds Halt

Earlier this month, Bitgrail’s principal Franceso Firano attempted to reopen the Italian cryptocurrency exchange after $170 million in losses and during their legal sorting out. An inside job or software hack, that hasn’t had an official determination, and fingers are still pointing between the exchange’s charismatic operator and crypto devs. International heavy law firm Bonelli […]

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There’s a Bitcoin Themed Card Game On Kickstarter Called ‘Bitcon’

There’s a new card game called ‘Bitcon’ that’s been introduced on Kickstarter that allows people to experience the cryptocurrency investment fever for amusement and laughs. The strategy game was created by two cryptocurrency investors who were tired of hearing about people doing unbelievable things like selling their home or using their student loan money to […]

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Saturday, May 26, 2018

331 High-Income Traders Declared Crypto Profits in Japan

The Japanese tax authority has for the first time revealed the number of high-income taxpayers who declared cryptocurrency profits in the year 2017. Out of the total number of taxpayers with miscellaneous income of 100 million yen or more, excluding public pension, 60% of them reported income from crypto transactions. Also read: Yahoo! Japan Confirms Entrance […]

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Bchpls.io Enables Free Bitcoin Cash Point-of-Sale Platform

There’s a new Point-of-Sale (PoS) service the Bitcoin Cash community has been talking about called, Bchpls.io, an app that enables any brick n’ mortar merchant to accept BCH with just two devices by providing a customer screen, and a cashier view. Bchpls is currently in open beta which means the public can test the software […]

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Wendy McElroy: The Centralization of Crypto and the Banality of Evil

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 3 The Centralization of Crypto and the Banality of Evil First we must realize that all actions are performed by individuals… If we scrutinize the meaning of the various actions performed by individuals we must necessarily learn everything about the actions […]

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Markets Update: Bear Market Adds Cryptocurrency Trading Uncertainty

Cryptocurrency markets have had a rough week over the last seven days as many digital assets lost quite a bit of value that most coins had gained two weeks prior. Currently, markets are seemingly consolidating and have remained somewhat stable over the last 24-hours. At the moment Bitcoin Core (BTC) values have been hovering around […]

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Russian Central Bank’s Deputy Governor: Blockchain Tech Still Needs to ‘Mature’

The First Deputy Governor of the Russian Central Bank has said that blockchain technology is not yet “mature” enough to be used on an industrial scale. First Deputy Governor of the Russian Central Bank Olga Skorobogatova has said that blockchain technology is not yet “mature” enough for industrial-scale use, local media outlet Prime reports today, […]

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UK Financial Regulator Opens 24 Investigations Into Crypto Businesses for Compliance

UK financial regulator the FCA has confirmed opening 24 investigations into cryptocurrency businesses. UK authorities have opened 24 investigations into cryptocurrency businesses over financial regulatory compliance, local media outlet CityWire reported May 25. Responding to a freedom of information request, regulator the UK’s Financial Conduct Authority (FCA) also confirmed it had opened seven whistleblower reports […]

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Bitcoin in Brief Saturday: Crypto Hiring and Blockchain Welfare, From Down Under

Instant crypto-denominated salaries and blockchain-based social security payments feature in Saturday’s Bitcoin in Brief. Reports about these promising developments in the labor market and the public sector come from Australia. Also, the Slovak tax authority intends to use blockchain technology for more efficient tax collection.   Also read: Bitcoin in Brief Friday: Luxury Jets, Cheap […]

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SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into […]

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DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision

Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” […]

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Russian Crypto Criminal Admits Money Laundering and Fraud

According to Russian media, the alleged BTC-e mastermind Alexander Vinnik has confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the now-defunct BTC-e cryptocurrency exchange. The information on the application was also confirmed by his lawyer, […]

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Bank of England Governor: Open to the Idea of a Central Bank Digital Currency

Governor of the Bank of England Mark Carney said that he is open to the idea of a central bank digital currency at a conference in Stockholm. The Governor of the Bank of England Mark Carney said at the Riksbank Anniversary conference that he was open-minded about the prospect of a central bank digital currency […]

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Friday, May 25, 2018

Singapore Warns Eight Unauthorized Token Exchanges

The Monetary Authority of Singapore has warned eight digital token exchanges operating in the country over unauthorized securities trading. The regulator also stopped an initial coin offering, prompting its issuer to return all funds received from Singapore-based investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Eight Token Exchanges Warned Singapore’s central bank and financial […]

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Caspian Partners With Bitmex to Offer All-In-One Portfolio Services

On May 23 the cryptocurrency portfolio and risk management platform Caspian Tech announced a partnership with the Seychelles based trading platform the Bitcoin Mercantile Exchange (Bitmex). The move aims to bring Caspian closer to being an all-in-one platform with access to multiple exchanges. Also read: Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered […]

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$1.2 Bln in Crypto Stolen Since 2017, GDPR Will Hinder Cybercrime Enforcement, Report Shows

Law enforcement for cybercrime will be negatively affected by the GDPR, e-crime exec believes, after new report shows $1.2 bln in crypto stolen since 2017. Research from the Anti-Phishing Working Group (APWG) has reported that about $1.2 bln in cryptocurrencies have been stolen since the start of 2017, Reuters reported Thursday, May 24. The $1.2 […]

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Jimmy Wells, Special App, and Startup Oscars: This Year BlockShow Is Gearing Up

Addy Crezee shares secrets and observations about upcoming BlockShow Europe. I first dove heavily into blockchain in 2014 when I joined Cointelegraph. To set the stage, this was right around the time of shadow projects, bitcoin casinos, and the infamous Mt. Gox crash. Almost everyone with a media badge was negative about the budding industry, […]

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German Stock Exchange Eyes Bitcoin and Cryptocurrencies

Frankfurt Stock Exchange parent company, Deutsche Boerse AG, appears to have begun work on technology that will allow them to offer their clients bitcoin and cryptocurrency-related products. In December 2017, regulators in the U.S. greenlit bitcoin futures trading for the CME Group and CBOE Futures Exchange, but since then, no major European exchange has jumped […]

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Celebrity-Themed CryptoKitties Take a ‘Cat Nap’ Amid NDA Lawsuit

The developer behind the CryptoKitties phenomenon has pulled its celebrity products as it faces a legal suit over alleged NDA violation. CryptoKitties developer Axiom Zen said a lawsuit over its celebrity products involving basketball player Steph Curry “falsely accuses” it of theft, VentureBeat reports May 25. In a statement quoted by the publication, Tradestar, a […]

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US’ Fourth Largest Railway Company Joins Blockchain in Transport Alliance

US transport giant Norfolk Southern Corp. is joining the Blockchain in Transport Alliance (BiTA), which has already gathered 250 members since 2017. US transport giant Norfolk Southern Corp. (NSC) revealed it is joining the Blockchain in Transport Alliance (BiTA) in a company announcement yesterday, May 24. The BiTA trade association formed in 2017 to popularize […]

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Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

Bitcoin in Brief today features a couple of announcements adding to the growing number of bitcoin cash adoptions. A luxury cryptocurrency concierge now accepts BCH for the items it offers to the crypto rich – a logical step, according to its founder. An online travel agency is introducing three new coins to its payment options, […]

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Czech Utility Company Introduces Crypto Payments

One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to […]

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Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products […]

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Blockchain Micro-Learning Platform to Help Students Earn as They Learn

sponsored A company says micro-learning, where lessons are under 10 minutes in length, can increase the speed of a student’s development by 300 percent. A new blockchain platform by an established company in the educational sector is going to enable users to earn crypto tokens as they learn – all the while making lessons exciting […]

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Thursday, May 24, 2018

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues […]

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PR: Energi Mine Adds to Ecosystem of Energy Saving Partners with Simply EV Partnership

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. Partnership announced in same week as Energi Mine launches promotion […]

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Russian Duma Adopts Three Crypto Bills on First Reading

Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they […]

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SEC Chairman Applauds ‘Operation Crypto-Sweep’

The chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has issued a statement “applaud[ing]” the efforts of authorities associated with the North American Securities Administrators Association (NASAA) in executing the current “enforcement sweep targeting fraudulent ICOs and crypto-asset investment products.” Also Read: 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes […]

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Darknet Market Rapture Has Been Down for a Week — Users Grow Leery

The website Rapture Market has been down for well over a week for users who frequent the darknet, causing concern that another DNM has committed an exit scam. Currently, the market’s customers and some vendors are freaking out as the online marketplace was gaining in popularity and enjoying solid ratings with decent uptime. However, Rapture […]

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American Express Integrates Blockchain To Its Membership Rewards Program

American Express partners with online merchant Boxed to pilot a blockchain-based rewards program that can more specifically target promotions to customers. Financial services corporation American Express (AmEx) has announced a blockchain application to its Membership Rewards program in partnership with online merchant Boxed, Associated Press reported May 23. AmEx announced that it is integrating blockchain […]

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IBM Announces 1,800 New Jobs in France In Blockchain, AI, and IoT Within Next Two Years

IBM CEO Virginia Rometty has announced a two-year plan to create 1,800 new jobs in France in areas including blockchain, AI, and IoT. IBM CEO Virginia Rometty has announced that in the next two years the company is planning to create 1,800 jobs in France in the fields of Artificial Intelligence (AI), blockchain, and the […]

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Wednesday, May 23, 2018

Markets Update: Stormy Weather Continues to Plague Cryptocurrency Traders

Over the past few days, cryptocurrency markets have been losing steam as many digital assets have lost a good amount of value. Most coins are down anywhere between 3-15 percent over the past 24-hours. Bitcoin Cash (BCH) values have dipped 10 percent over the last day and prices hover around $1,055 today. Bitcoin Core (BTC) […]

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Overstock.com’s t0 to Launch Regulated Security Token Exchange

Overstock.com’s Tzero is planning to launch a regulated exchange for security tokens in collaboration with Box Digital Markets. The companies will seek the approval of the U.S. Securities and Exchange Commission for the new exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Security Token Exchange Overstock.com’s fintech subsidiary t0.com Inc (Tzero) and Box […]

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South Korean Crypto Exchange Korbit Drops XMR, ZEC, DASH, REP, and STEEM

South Korean cryptocurrency exchange Korbit has announced that it will no longer support the trading of five cryptocurrencies: dash, monero, zcash, augur, and steem. This announcement came just days after hacked Japanese exchange Coincheck confirmed the delisting of privacy coins. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Farewell to Five Cryptocurrencies Korbit, one of […]

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Bitcoin in Brief Wednesday: McAfee Predicts Bull Run as Crypto Markets Dip

In today’s Bitcoin in Brief, internet security expert John McAfee expects bulls to come back to the crypto market, despite recent drops in prices across the board. Billions will be pumped by institutional investors, he predicted in a tweet. Meanwhile, a new study has shown that the mood of investors, rather than economic indicators, actually […]

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Former Obama Aide Targeted by Anti-Bitcoin Political Ad for Accepting Crypto Donations

A former Obama advisor and Democratic congressional candidate has come under attack from his rival for accepting BTC donations to his election campaign. Democratic congressional candidate Brian Forde has been targeted by anti-crypto political advertising for accepting Bitcoin (BTC) donations to his campaign, VICE reported Tuesday, May 22. Forde’s rival Dave Min, who is also […]

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Startup Aims to Make Blockchain Mainstream With Brick and Mortar Stores

sponsored A startup plans to bring cryptocurrencies and blockchain to the masses by opening brick-and-mortar stores in global cities where people can open a crypto account, trade digital currencies, and onboard digital financial services. Ubanx, a crypto startup, plans to bring digital currencies to the real world and accelerate their mass adoption by opening brick-and-mortar […]

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PR: Essentia Re-Opens Whitelist for 2000 Additional Applications

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. On Wednesday, May 23rd, 2018 20:00 (SGT), we are planning […]

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Bank in Argentina Launches BTC Settlement Services

A small bank from Argentina, Banco Masventas, announced this week that it’s allowing customers to make settlements using BTC as a payment rail. Argentina Banco Masventas says the firm partnered with the exchange Bitex, and believes the service will reduce costs associated with international transfers. Also Read: Tim Draper Advises Argentina’s President to Invest in Bitcoin […]

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Chilean President Considering Regulation of Cryptocurrencies

The Chilean president, Mario Marcel, has made comment seemingly in favor of developing a regulatory apparatus for virtual currencies. The apparent openness to regulating cryptocurrencies contrasts significantly from the recent banking embargo targeting virtual currency recently witnessed in Chile. Also Read: Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies Chilean President Discusses Benefits of […]

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Verge Struck by Second PoW Attack in as Many Months

Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]

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Tuesday, May 22, 2018

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4

The following opinion piece on Bitcoin Cash was written by Jonald Fyookball We’ve already discussed 3 reasons why the bitcoin project was subverted: lack of education, lack of clarity, and centralized development. Today I will proffer two more: censorship and propaganda were allowed to run rampant; miners didn’t understand their power and responsibility. Last Friday, Coingeek.com held a […]

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Bitcoin Pizza Day 2018: Community Celebrates a Takeout Order Now Worth $82 mln

May 22 marks eight years since a Bitcoin user paid 10,000 BTC for two pizzas, worth just $41 at the time. Bitcoin (BTC) users around the world are celebrating the eighth so-called “Bitcoin Pizza Day” today, May 22. With BTC prices circling $8,200, the price of one of the legendary pizzas purchased on this day […]

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Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One

A new crypto teller machine is now operational in South Africa’s largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the city’s metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country […]

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Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics

Before all the Lambo memes, shady no-product ICOs, and get-rich-quick schemes invaded the scene, Bitcoin was meant to disrupt the current economic system. Today’s edition of Bitcoin in Brief showcases how that promise is starting to materialize in different fields, including the future of elections and geopolitics. Also Read: Bitcoin in Brief Monday: New EU […]

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Exec of $5.1 Trln Investment Firm Makes Tired Comparison of Crypto to Tulips

An executive at Vanguard Investment has made the by now trite comparison of cryptocurrencies to tulips, while also noting his appreciation for blockchain tech. The global chief economist of a major investment firm has criticized cryptocurrencies in an op-ed on investment fund news site ETF.com published yesterday, May 21. Joe Davis, the global chief economist […]

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Nchain Acquires Majority Stake in BCH-Application Handcash

On Monday the blockchain research and development firm, Nchain, announced the acquisition of a majority stake in the Bitcoin Cash-centric startup Handcash. The Handcash platform allows users to send BCH in a contactless manner using near field communication (NFC) technology. Also read: BCH Miners Discuss Funding Development With a Fraction of Block Rewards Nchain Acquires a […]

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Canadian Regulator Warns Investors of Five Cryptocurrency Firms

The Ontario Securities Commission has issued a warning against five unlicensed crypto companies involved in schemes to encourage investors to trade or invest in cryptocurrencies. The regulator started gathering information about these platforms after receiving complaints about them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Warning to Investors The Ontario Securities Commission (OSC) […]

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Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition

Just recently news.Bitcoin.com reported on Ross Ulbricht being denied a post-conviction relief extension this past February. Since then Ulbricht’s new legal team and his family continue to fight for Ross’s freedom with a filed a Petition of Certiorari with the United States Supreme Court. Also read: BCH Miners Discuss Funding Development With a Fraction of Block […]

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Brian Kelly: Bitcoin Cash Could Go Up Following More Use Cases

Crypto investor Brian Kelly gives a bullish outlook on BCH, says BCH fund development could aid the rise of the cryptocurrency’s value. Brian Kelly, the founder and CEO of BKCM LLC, an investment company focused on cryptocurrencies, came out bullish on Bitcoin Cash (BCH) on CNBC May 21. On Saturday, BCH miners reportedly had a […]

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Monday, May 21, 2018

Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash

Authorities in Poland have realized how inapplicable their decision to tax all crypto transactions really is. A high-ranking official from the Finance Ministry said in an interview that his department “accepts the irrational effect” of the tax it wanted to levy on every purchase and sale of cryptocurrency, regardless of their profitability. Other reports suggest […]

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Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

The upcoming implementation of a major regulatory push by the European Union to control how companies can operate on the Internet has killed another venture in the cryptocurrency sphere. This story, astrology-based financial investment, and many more feature in today’s edition of Bitcoin in Brief. Also Read: Marvel, The Simpsons Go Crypto Parity Shuts Down […]

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PR: ECOMI Partners with tokidoki to Transform Characters into Digital Collectables

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. During Consensus Week in New York, Singapore-based blockchain technology company, […]

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Marvel, The Simpsons Go Crypto

Crypto is set for yet another banner year, especially if mainstream portrayals of it are any indication. Marvel Comics’ Hunt for Wolverine – Adamantium Agenda #1 and The Simpsons: Tapped Out video game are both working-in references to cryptocurrency into their respective storylines and quests in attempt to capture some of the excitement regarding money’s […]

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Sunday, May 20, 2018

Armchair Detectives Have Another Bitcoin Puzzle to Solve

After the notorious 5 BTC ‘bitcoin puzzle’ was solved last January after years of people trying to crack it, now another bitcoin puzzle was launched this week on forums and social media. On May 19, 2018, a person posted an image which contains a bitcoin puzzle that rewards the solver 1 BTC. Also read: A […]

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PR: Tutellus launches ICO on the Cryptonomos 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. The sooner our education system is digitally disrupted, the better […]

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Blockchair Feed Reveals Messages Encoded in the BCH, BTC and ETH Blockchains

Blockchain exploration service Blockchair has launched a new analytics tool. Blockchair Feed decodes the messages that are written into the BCH, BTC, and ETH networks. The results can be viewed in a real-time feed comprised of messages that range from the banal to the enigmatic. Also read: A Brief History of Hidden Messages in the […]

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Hacked Crypto Exchange Coincheck Confirms Removal of Four Anonymity-Focused Altcoins

Japanese crypto exchange Coincheck issues official statement on removal of four privacy-oriented cryptocurrencies in June. Recently hacked Japanese crypto exchange Coincheck will end trading for four privacy-oriented cryptocurrencies, Monero (XMR), Zcash (ZEC), Dash (DASH), and Augur (REP), Cointelegraph Japan reported May 18. Following reports from back in March, the exchange has now officially confirmed the removal […]

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Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End

Tom Lee has admitted that his Consensus BTC rally prediction ‘did not happen,’ still expects Bitcoin to reach $25,000 by year end. Co-founder and head of research at Fundstrat Global Advisors, Thomas Lee has admitted that his prediction of a Bitcoin rally after the Consensus conference was wrong. Lee has claimed that the crypto market […]

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