Abu Dhabi Global Market Launches Crypto Regulatory Framework

The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi […]

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Local Media: Floods in China Heavily Damage Major Crypto Mining Operation

Floods in Sichuan province, caused by 2 days of heavy rains, have reportedly resulted in the destruction of “tens of thousands” of cryptocurrency mining devices. Recent floods in the Sichuan province of China have reportedly resulted in heavy damage to a major cryptocurrency mining operation in the area. The news was published on a local […]

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TechCrunch: Over 1000 Crypto Projects Are Considered ‘Dead’ Now

There are over 1,000 “dead” crypto projects as of June 30, TechCrunch reports citing two websites that track dysfunctional ICOs. More than a thousand of crypto projects are “already dead” as of June 30, 2018, according to a recent TechCrunch report. The news outlet has based its claim on data from two websites: Coinopsy and […]

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Spanish Ruling Party Proposes to Use Blockchain in Country’s Administration

A group of 133 deputies from Partido Popular have proposed to use blockchain in the country’s public administration. 133 deputies from the Spanish ruling party, Partido Popular, have proposed a bill to use blockchain in the public administration of Spain, CriptoNoticias reports Saturday, June 30. The bill was introduced to the Spanish Congress on June […]

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Expedia Drops Bitcoin Payments, Official Confirms

Travel booking platform Expedia has stopped accepting bitcoin (BTC). A company representative confirmed the policy change, while stating that various payment options are being continuously evaluated without elaborating on the details. Expedia has been supporting bitcoin payments since 2014.  Also read: Russian Railways Eyes Crypto for Tickets, Blockchain for Cargo Expedia Confirms Suspension of BTC […]

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Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation

Over the past few weeks, the cryptocurrency Bitcoin Cash (BCH) has seen a lot of new infrastructure support, applications, and protocol innovation. While everyone has been watching the bearish markets across the digital currency economy, in general, there’s a lot of action happening within the BCH ecosystem that supersedes its current price speculation. Also read: Crypto […]

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Volume Rankings Report for June 2018: Trading Activity Drops Across Crypto Markets

Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day Trade Volume Declines Across […]

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Recently Found Double Spending Vulnerability Is Not Tether’s Own, SlowMist Confirms

SlowMist has confirmed that Tether’s double-spending vulnerability was not caused by its blockchain, but rather by some crypto exchanges’ poor practices. China-based cybersecurity firm SlowMist has confirmed that a recent double-spending vulnerability it found in Tether (USDT) is not inherent to the cryptocurrency itself. Instead, it is enabled by some crypto exchanges’ databases not strictly […]

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Wendy McElroy: Crypto and the Structure of Class Warfare

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 2 Crypto, and the Structure of Class Warfare The wall separating state and society is crumbling. Or, rather, the state is taking a jackhammer to it in an aggressive attempt to control every aspect of productive and cooperative life…The […]

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Arbitration on a Governed Blockchain: EOS’ Crisis of Dispute Resolution

As EOS finds itself in trouble again, big changes in platform governance might be on the way. Another week, another squabble involving the beleaguered EOS blockchain. The platform that has recently sustained a round of criticism for its lack of decentralization and its underwhelming technical robustness is now going through a governance crisis. The problem […]

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Blockchain’s Impact on Food and Farming, Explained

Blockchain could make it easier to discover the journey that agricultural products take, reduce the frequency and severity of food safety scares, and transform the industry. Is it possible to track where food comes from? Several companies have launched services allowing shoppers to see a product’s journey from farm to fork, but they often depend […]

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ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities

Three stories dominate this week’s initial coin offering (ICO) round up: It appears many ICO projects are reaching out to social media influencers in an effort to thwart advertising bans across leading platforms. A study published by the China Banking Regulatory Commission (CBRC) suggested that the country develop a licenced-based regulatory apparatus that permits cryptocurrency […]

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Union Square Ventures to Invest in Crypto and Blockchain Long-Term Without Dedicated Fund

New York-based Union Square Ventures is planning to invest in crypto and blockchain in the long-term, but won’t start a separate fund. Union Square Ventures (USV), a private equity and venture capital firm, has plans to invest in blockchain and cryptocurrencies over the course of the next 10 years, CNBC reports June 29. Those plans, […]

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Austrian Financial Authority Calls for Tighter Regulation of ICOs and Cryptocurrencies

Austria’s Financial Market Authority has introduced proposals for the strict regulation of cryptocurrencies and ICOs. Board directors of the Austrian Financial Market Authority (FMA), Klaus Kumpfmüller and Helmut Ettl, have have offered proposals for stricter regulations on cryptocurrencies and initial coin offerings (ICOs), Cointelegraph auf Deutsch reports today, June 29. According to an article published […]

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Report: 2018 Token Sales Almost Double Last Year’s Results

Initial Coin Offerings in the first half of 2018 have attracted nearly double the amount of funds raised last year, a new report reveals. Researchers point out, however, that the majority of ICOs have largely failed, with only a third of the projects closed successfully. According to the study, the US remains the major destination […]

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Banks and Regulators Complete KYC App Test on R3 Blockchain Platform

39 different financial firms and regulators from around the globe have completed a KYC trial on the Corda blockchain platform from R3 39 financial firms partnered with blockchain consortium R3 completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog June 28. R3’s KYC project involved […]

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Indian Exchange Zebpay Boosts Trading Support for 19 Cryptos Ahead of RBI Ban

Leading Indian cryptocurrency exchange Zebpay has added new cryptocurrencies to its crypto-to-crypto trading platform. The exchange now supports 19 cryptocurrencies and over 35 trading pairs, as it prepares for the banking ban by the country’s central bank to go into effect next week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 19 Cryptocurrencies, 35+ […]

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Mastercard Latest Crypto Patent: Anonymous Third Party Transactions

This week marks another set of patents granted Mastercard, which is part of a many years attempt by the payments behemoth to employ technology underpinning most cryptocurrencies. The latest turn involves anonymous distributed ledger transactions via a third party processor. Also read: Bitlicense Should be Smashed, Candidate for New York Governor Urges Mastercard Granted Still […]

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Basketball Team Sacramento Kings Mine Ethereum to Fund Tech Education Scholarships

The Sacramento Kings will be installing ETH mining machines in an indoor basketball stadium in order to donate the proceeds to scholarships. The Sacramento Kings basketball team has teamed up with a crypto mining hardware firm to install mining machines in an indoor arena, with the crypto earnings funding a scholarship program, local news outlet […]

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Bitcoin Cash Support is Now Live on Purse.io

This week the well-known Purse.io, a firm that allows people to purchase items on Amazon and save 15 percent or more, has announced that Bitcoin Cash (BCH) support is now live. Furthermore, due to a partnership with the Bitcoin Cash Fund, the company is offering $10 cash back to Purse shoppers who shop and earn […]

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Microsoft Partners With Two Asian Firms on Blockchain Platform for Enterprises

Microsoft Taiwan teamed up with two other companies to provide a platform for enterprise blockchain development in the Asia-Pacific region. The Taiwanese subsidiary of tech giant Microsoft has partnered with tech investment company China Binary Sale Technology and High Cloud to create a platform for enterprise blockchain development, according to a press release from Microsoft […]

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Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely

Yukio Noguchi, a famous economist in Japan and an advisor to Waseda University’s Business and Finance Research Center argues we can’t expect Bitcoin’s prices to rapidly surge again. In his books and in recent articles, Noguchi makes his case eloquently. He wrote a recent article in Diamond Weekly clarifying his position but has been making […]

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NBA Team Mines Ethereum

The Sacramento Kings are now mining Ethereum, the team announced on Wednesday. They are the first sports team entering the crypto space, and in doing so are introducing crypto to sports fans and offering a local group that supports black communities to buy and sell ether. Also read: Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’ Tech-Savvy […]

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Blockchain.com Introduces Institutional Investment Platform

Formerly known as Blockchain.info, Blockchain.com has recently launched an institutional investment platform. UK-based crypto data supplier and cryptocurrency wallet Blockchain.com has recently launched a comprehensive institutional platform Blockchain Principal Strategies (BPS), according to a blog post today, June 28. Blockchain.com claims the new platform will provide secure and “unparalleled” access to markets, services, and research […]

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Coinbase to Open New Office in Portland, Oregon

U.S. crypto exchange and wallet services provider Coinbase will open offices in Portland, Oregon, ostensibly adding 100 jobs to the local economy in the first year. Leading U.S. cryptocurrency exchange and wallet provider Coinbase announced today, June 28, that they are opening a new office on the west coast of the United States in Portland, […]

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Study: Few Ontarians Hold Crypto, Shaky Understanding of Fundamentals, Regulations

A new study from the Ontario Securities Commission found that five percent of the province’s residents hold crypto, but lack fundamental knowledge. Five percent of Ontarians own some form of “cryptoasset” according to a June 28 study from Canadian provincial financial regulator the Ontario Securities Commission. The study also found that while awareness of cryptocurrencies […]

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Blockchain Ecosystem to Give Unbanked Access to Financial Services in Developing Countries

sponsored A new ecosystem is creating “fair and easy access” to modern financial services for millions of unbanked people in the Philippines and other developing countries. A new blockchain-based ecosystem is vowing to help 490 million unbanked and underbanked people across Southeast Asia access modern financial services. According to TraXion, only 54 percent of adults […]

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Coinbase CEO Brain Armstrong Launches Charitable Cryptocurrency Fund

Cryptocurrency investors have amassed a lot of money in a short amount of time, and now it is time to give back. That is the philosophy which inspired Brian Armstrong, Coinbase CEO to launch a new charitable fund, TNW reports. Armstrong announced the initiative GiveCrypto in a blog post on Wednesday. I just published “Introducing […]

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FBI Currently Investigating 130 Crypto-Related Cases

The Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FBI’s 130 Crypto-Related Cases The […]

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Associations Challenging Crypto Ads Ban to Proceed with Lawsuit

Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing such restrictions. The claimants want to proceed with filing the lawsuit, despite the policy update. Also […]

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Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’

On June 27 the CEO and co-founder of Coinbase, Brian Armstrong, announced the launch of a new cryptocurrency powered charity called Givecrypto.org. Armstrong says he’s always believed in the power of cryptocurrency funded philanthropy and explains the new nonprofit is all about empowering, educating, and elevating global communities.   Also read: Cryptocurrency Firm Circle Sees Institutional […]

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Stellar (XLM) & Monero (XMR) Update – Partnerships & Struggles

Stellar (XLM) & Monero (XMR) – The cryptocurrency market has yet to fully recover after the drop it took this past weekend. News broke on Friday that Japan will be tightening its cryptocurrency regulations and panic selling occurred dropping the entire market to a 2018 year-low of just over $235 billion. Currently, Bitcoin (BTC) is […]

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From Coincheck to Bithumb: 2018’s Largest Security Breaches So Far

No one’s safe in the crypto world. On June 19, Bithumb, South Korea’s number one crypto exchange, was hacked. The attackers stole cryptocurrencies worth $30 million, making it one of the largest heists of the year so far. While the exchange has already promised to compensate its users, the damage has been done: yet again, […]

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Apple’s Steve Wozniak Calls Blockchain a ‘Bubble,’ Thinks Bitcoin Is Still ‘Just Amazing’

Apple co-founder Steve Wozniak thinks blockchain is a bubble, but Bitcoin is still “just amazing.” Apple co-founder Steve Wozniak believes that blockchain is a bubble similar to that of the dotcom era, but that it could have potential in the future, CNBC reported yesterday, June 26. During the NEX technology conference in New York, Wozniak […]

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Malta Approves Three Blockchain, Crypto Bills in Second Parliamentary Reading

Malta: Parliament approves three blockchain, crypto bills in their second reading and the Malta Digital Innovation Authority appoints their first CEO. Malta approved three distributed ledger technology and crypto-related bills in their second reading in Parliament yesterday, June 26, according to legislative records from the plenary session. The approved bills include the Innovative Technology Arrangements […]

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US Prosecutors Seize $17 Mln in BTC, Seek 4,000 BTC More for Dark Web Dealings

U.S. prosecutors have seized around $17 mln in BTC and other cryptocurrencies from both men, and are also seeking to forfeit the value of a further 4,000 BTC. U.S. law enforcement has seized $17 mln in Bitcoin (BTC) and other cryptocurrencies, and is seeking to seize about $24 mln more, from two Maryland, USA men, […]

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Facebook Unbans Cryptocurrency Ads

Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted. Also read: Yahoo! Japan Confirms Entrance Into […]

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PR: International Award Winning Singer Joins Experty.io

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 looks like singers and celebrities are getting into the […]

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Nigeria Finds Bitcoin is a Way to Hedge Against its Naira

The scrappy citizens of Lagos, Nigeria are traders and can-do survivors almost by nature. Their government, however, has mismanaged the nation’s money to such a degree that it’s prone to wild devaluation swings. And while an argument could be made bitcoin too is volatile, it actually isn’t comparatively. With access to peer-to-peer exchanges such as […]

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Alibaba’s Cryptic Relationship With Bitcoin and Blockchain

Alibaba has shown enough interest in blockchain and cryptocurrency but is still keeping its hands directly clean. Since Bitcoin’s uses started to be thrashed out in forums and around dinner tables alike, there was always the belief that it would be a perfect thing for the likes of Amazon to accept. Digital cash for a […]

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Facebook is Reversing Its Cryptocurrency Ads Ban

Facebook is reversing its ban on cryptocurrency advertisements and will now allow some preapproved advertisers to promote crypto businesses and services. Facebook banned all crypto ads on the service back in January, around the height of the bitcoin price surge, to prevent people from promoting “financial products and services frequently associated with misleading or deceptive […]

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ING Bank Survey Reveals Interest In Crypto Will Double In Near Future

ING Bank has published a survey on how cryptocurrencies are perceived across Europe, Australia and the USA, where interest in crypto is expected to double in the future Research company Ipsos on behalf of ING Bank B.V. has conducted a study on how cryptocurrencies are perceived across Europe, Australia and the U.S., which reveals that […]

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Are You Ready for What Happens If Satoshi’s Coins Move?

There’s nothing remarkable about a bitcoin transaction; it happens hundreds of thousands of times a day. But there’s one set of addresses whose contents are watched with hawk eyes. Should so much as a satoshi move from one of those wallets, it will spark global headlines and make the markets go loco. That’s because those […]

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Six Japanese Crypto Exchanges Respond to Regulator’s Improvement Orders

Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Two executives have also resigned from their positions as vice presidents of the recently formed crypto exchange association. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Japan’s top financial regulator, the Financial Services Agency (FSA), […]

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Bitcoin in Brief Tuesday: New Patents, Research Centers and a $300M Fund

While short term investors and speculators might not be in the best of shape right now, the long term development of the ecosystem is still advancing on pace. Companies and institutions are continuing to invest time and money for furthering cryptocurrency research as can be seen by the stories featured in today’s edition of Bitcoin […]

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What World Leaders Think About Crypto, and How They Want Decentralization to Bolster Centralised Power

10 world leaders quoted on Bitcoin, and what their views mean for the future of cryptocurrency. Given the apparent sensitivity of cryptocurrency markets to regulatory and political developments, it stands to reason that the world’s leaders —  and what they think about crypto — will be vitally important in determining the direction the cryptocurrency market […]

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Gramatik Lays Down Funky Crypto, Netflix Sucks

Electronic music futurist, Gramatik, released a groundbreaking song and accompanying video, highlighting the development of money. With all the trash in popular culture when it comes to cryptocurrency (drugs, terrorism, etc.), his ‘Future Crypto’ is a welcome respite. Speaking of trash, Netflix greenlights Vox’s horrible episode five in its first season of ‘Explained,’ where it […]

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PR: Vestchain Starts Airdrop

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. Nowadays there are many challenges inherent to the existing blockchains. […]

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Japan Wants to Scrap Its Progressive Crypto Tax Rate

Cryptocurrency traders in Japan currently can be taxed as high as 55% on their profits. However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Aso Wants to Change Crypto Taxation The Japanese […]

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A Character Called Bitpico Thinks He Can Stress-Test the BCH Network

This Sunday news.Bitcoin.com reported on a community-driven Bitcoin Cash network stress test taking place this September. However, allegedly another stress test is in the works with malicious intent, according to a lesser known developer named Bitpico. The anonymous person claims the attack has already started, and emphasizes his blitz of spam will amplify over time. […]

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Controversial Tether Releases $250 Mln in USDT, Twitter Awaits Bitcoin Price Jump

Tether has issued 250 million new allegedly USD-backed tokens, following recent research into its possible use for Bitcoin price manipulation. Stablecoin Tether (USDT), which is allegedly backed 1:1 by the US dollar, has issued 250 million more tokens today, June 25, according to data from Omni Explorer. At the end of March, Tether had released […]

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Major European Regulator, Banks Collaborate on Blockchain Warrant-Issuance System

Eight European gov’t and private financial institutions are collaborating on a blockchain system for recording the issuance of financial warrants. Eight major European financial entities have announced they will work together on a blockchain tech project for recording the issuance of financial warrants, Spanish news outlet el Economista reports today, June 25. Spanish securities regulator […]

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Leading Chinese Bitcoin Miner Manufacturer Files for IPO in Hong Kong

One of China’s largest Bitcoin mining hardware makers, Ebang Communication, has filed an application for an IPO with the Hong Kong Stock Exchange today. Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, […]

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Here Are Some More Things That Really Don’t Need Blockchain

Every week, the news.Bitcoin.com inbox, and that of every other crypto newsdesk, fills up with press releases festooned with gratuitous use of the word ‘blockchain’. We’re not against blockchain technology – all of our favorite cryptocurrencies are reliant on it – but we’re vehemently against things being given blockchain that have no right to that […]

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Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill

In today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their […]

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Pairings of 6 Cryptocurrencies Comprises 69% of Total Crypto Volume

Analysis conducted by Diar has indicated that only a minority of cryptocurrencies represent the vast majority of trading volume in the virtual currency markets – with only 0.36% of tradable cryptocurrencies found to have comprised 69% of the total trade volume of the entire cryptocurrency markets. Also Read: The Poor Flip, the Rich Hodl, Startup Finds […]

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PR: Tron Celebrates Its Independence from Ethereum

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. “June 25th marks the day of TRON’s independence from Ethereum.” […]

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Exclusive. Erik Voorhees: There Were No Winners in the Bitcoin Block Size Debate

Recalling some of the last year’s events, Erik Voorhees says the community is already deeply split and, unfortunately, there were no winners in the stand-off between the Bitcoin Core and Bitcoin Cash proponents. 2017 can be rightly considered one of the most controversial years in the short history of Bitcoin. Before multiple forks that span off […]

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Bitcoin and Mnemonics: The Art of the Secret Phrase

As more new people adopt cryptocurrencies, lots of newbies are creating mnemonic recovery phrases in order to make sure their digital assets are kept secure. It is very important to understand how your private keys are stored just in case there is an issue with your wallet client or device that holds your funds. Not […]

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China’s New Crypto Rankings – EOS First, Ethereum Second, Bitcoin Drops to 17th

The ranking of cryptocurrency projects by the Chinese government has been revised with two new crypto projects added. EOS tops the overall list of 30 crypto projects; Ethereum fell to second place while Bitcoin dropped to 17th place. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space China Now Ranks 30 Crypto Projects China’s Center […]

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So Hard to Say Goodbye: Blockchain.Info Goes Dot Com

One of the oldest, most respected sites in the cryptosphere, Blockchain.info (Info), is moving domains. For many ecosystem veterans, Info was where it all started. First wallets. First block exploration. First real interaction with cryptocurrency. Recently, the group announced its move and plans for the future. It’s also a change signaling maturation of the space. […]

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Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin

2018 might not be the best year for crypto investors so far, but a lot of wealth is still in the hands of long-term holders. The latest example of this comes from Silicon Valley where some people are using bitcoin to buy millions worth of expensive timepieces, diamonds and other luxury items. Also Read: This […]

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Markets Update: Triple Bottom Confirmed, but Where Will It Lead?

Cryptocurrency bears are still clawing away at digital asset prices on Sunday, June 24 as most of the digital currency market values are down between 3-12 percent over the last 24-hours. The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions. […]

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Can Bitcoin Cash Live Up to Its Hype? Real World Stress Test Is Coming

Bitcoin cash (BCH) is being called out, essentially asked if its blockchain and algorithmic infrastructure can hang while bombarded with millions of transactions thrown its way. It’s an effort by enthusiasts to demonstrate BCH resilience in the face of massive adoption and usage, and they’re inviting even haters to participate. Also read: Supremes Uphold Cell […]

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CNBC’s Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin

Bitcoin analyst Brian Kelly points out three major reasons why the current bear market is not a reason to hold a funeral for the cryptocurrency. The current bear market is not a funeral for Bitcoin (BTC) “whatsoever,” CEO of BKCM LLC investment firm Brian Kelly said on CNBC’s Fast Money segment June 22. We tried […]

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Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister

Interview with Adrian Hasler, head of the Liechtenstein’s government about new blockchain regulations, crypto banking and ICOs. Adrian Hasler, the Prime Minister of Liechtenstein, is certain that blockchain technology will have an impact on a variety of areas and is preparing a new blockchain law to provide essential requirements in order to establish a regulatory […]

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Since Twitter Won’t Stop Crypto Scammers, These Services Will

One of the most maddening things about lookalike Twitter scammers has been Twitter’s unwillingness to do anything about them. It’s not a complex problem to solve, and yet for months the micro-blogging service has prevaricated while the gullible public has given their ether away to flagrant scammers. A couple of third party services have now […]

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This Week in Bitcoin: McAfee Backs Off, Crypto World Cup and the Mystery of 21e8

In this week’s daily Bitcoin in Brief editions we reported about McAfee’s decision to stop shilling ICOs, crypto businesses’ involvement in the 2018 FIFA World Cup and much more. We also explored, in this week’s most commented-on article, a secret mathematical code that tantalizes the imagination of many bitcoiners. Also Read: Exchanges, Payment and Wallet Firms […]

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No License Needed to Mine Cryptocurrencies in Ukraine

Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of […]

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Bitcoin Funded Silk Road Performance Earns a Residency at Trafalgar Studios

Last December news.Bitcoin.com reported on the theatrical version of people using the deep web in a play called the “Silk Road: How to Buy Drugs Online.” Since then the play got rave reviews after appearing at the world-famous Edinburgh Fringe and the Vault festival. Now due to the show’s popularity, the performance is hosting the […]

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Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

Cardano co-founder tweets that Wall Street could infuse “tens of trillions dollars” into the crypto space. Charles Hoskinson, co-founder of altcoin Cardano (ADA), tweeted June 20 that the entry of Wall Street into the crypto sector will bring in “tens of trillions of dollars:” What’s often missed by the cryptocurrency is going to die broken […]

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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news. In Switzerland, the Bank of International Settlements is spreading some misinformation about digital currencies and blockchains; meanwhile, attorney Pamela Morgan is in the U.S. […]

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US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Undermining US Laws Deputy […]

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EOS Block Producers Reportedly ‘Ordered’ to Freeze 27 Accounts, ‘Reasoning’ to Follow

EOS Core Arbitration Forum allegedly orders the freezing of 27 accounts with the “logic and reasoning” for the order to be posted later. EOS block producers (BPs) have reportedly received an emergency order to refuse to process transactions for 27 accounts, according to a tweet posted yesterday, June 22. The authorities in EOS just instructed […]

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Wendy McElroy: Crypto as Class Warfare

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 1 Crypto as Class Warfare “Antagonism between the classes will be removed. I do not envisage a dead and artificial level among the people. There will be a variety among them as there is among the leaves of a […]

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Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned

A board director at the Swiss National Bank believes that there is now less interest in issuing a CBDC, but added that it could still have “big” implications. Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business […]

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The Daily: Analysts Predict Bitcoin Will Rebound, Enthusiasm for State Coins Lost

In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. Another senior Swiss central banker has noted the diminishing enthusiasm of governments to mint digital coins. Venezuela gives an […]

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PR: Propy to Hold Real Estate Auction on Blockchain

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. Global property store with a decentralized registry Propy in collaboration […]

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Do Banks Even Want to Go Blockchain?

An immutable ledger sounds nice, but what about the margins, banks’ bread and butter? On June 18, Carlos Torres, CEO of Spanish bank BBVA, declared that blockchain is “not mature” and faces major challenges. During the past month, blockchain’s effectiveness and maturity were also questioned by players as big as the Bank of Canada (BoC), […]

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2018 EU Blockathon Challenge kicks off in Brussels, June 22, 2018

On Friday, 11 teams joined the 2018 EU Blockathon Challenge in Brussels for 48 hours of coding and co-creation. The hackathon, an initiative by the European Commission (EC) and the European Union Intellectual Property Office (EUIPO), seeks to build the next level anti-counterfeiting infrastructure for the European Union (EU) powered by blockchain technology. The 11 […]

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US and South Korea to Strengthen Joint Cooperation on Fourth Industrial Revolution

The US and Korean officials have resolved to strengthen their cooperation in advancing the Fourth Industrial Revolution. The US State Department and South Korea’s Ministry of Science and Technology (MSIT) have resolved to strengthen the two countries’ cooperation in advancing the Fourth Industrial Revolution, at a press conference held in Seoul today, June 22. The […]

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Nano Android Wallet Users Advised to Move Funds Due to Security Flaw

Developers at Nano have issued a sudden warning to users who generated wallet seeds using its new Android app. Users of cryptocurrency Nano who downloaded a new Android app must create a new wallet and move their funds after the discovery of a security vulnerability, according to a June 21 tweet Nano. Developers made an […]

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Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation

The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018. Mt. Gox was forced into criminal bankruptcy after more than $473 million in bitcoin was […]

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Mt. Gox Crypto Exchange Begins Civil Rehabilitation Proceedings, Ends Bitcoin Sell-Offs

Mt. Gox will not sell any more Bitcoin to repay creditors after swapping bankruptcy proceedings for civil rehabilitation. Defunct Bitcoin exchange Mt. Gox has formally entered civil rehabilitation proceedings, officials announced June 22. A statement and accompanying documentation confirm the move, which will see attorney Nobuaki Kobayashi act as civil rehabilitation trustee. Kobayashi was responsible […]

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Only a Third of the Richest Informed on Bitcoin

Despite seeing their investment return above 20% in 2017 for two consecutive years, the richest people in the world say they are not fully satisfied with their asset managers and want to learn more about crypto. Also read: At Least $20 Billion in Crypto Investment Awaits Custody Streamlining, Approval Only a Third of the Richest Were […]

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3 Key Errors in the BIS Report on Bitcoin

The Bank for International Settlements (BIS) released a report on cryptocurrencies over the weekend as a part of their 2018 Annual Economic Report. The intention of the report was to look “beyond the hype” and figure out if there are any real-world economic problems that can be solved by cryptocurrencies or blockchain technology. In their […]

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Bitcoin in Brief: Plagiary, Numerology, and Nano Does a No-No

From the serious to the ridiculous, today’s edition of Bitcoin in Brief has got it all, and by “all” read “a varied selection of crypto-related topics numbering no less than four and no more than six.” That doesn’t sound nearly as alluring though, does it? All it is then. Take a deep breath and let’s […]

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Bobby Lee, ‘BTC Maximalist’: Bitcoin’s Value Is in the Eye of the Beholder

Co-founder of BTCC — formerly the largest Chinese crypto exchange — Bobby Lee shares his thoughts on the uncertain future of crypto in China. This interview has been edited and condensed. Recently at BlockShow Europe 2018, Cointelegraph got the chance to speak to Bobby Lee — co-founder of Chinese crypto exchange BTCC and a board […]

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Stanford Univ. Launches Blockchain Research Center, Supported by Ethereum Foundation

Vitalik Buterin and the Ethereum Foundation, among others, are supporting a new blockchain research initiative launched by Stanford computer scientists. Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation, Stanford Engineering’s website posted yesterday, June 20. The university reportedly established the center in order to examine how blockchain technology […]

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A Hands On Review of the New Card-Shaped Hardware Device Coolwallet S

This week news.Bitcoin.com received the new Coolwallet S — the cryptocurrency hardware wallet shaped like a credit card. As we previously reported, the interesting digital asset storage card started shipping last month so we decided to give the wallet a hands on review. Also read: North Carolina Banking Bill Passes — Adds Virtual Currency License Requirements […]

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AI Startup CloudSight Announces Support for Bitcoin Lightning Network Payments

CloudSight, a Los Angeles-based technology startup that specializes in image captioning and understanding, will use the Bitcoin Lightning Network for microtransactions to gather and share visual knowledge and allow artificial intelligence (AI) systems to learn from and communicate with each other, the company said on Thursday. By supporting Bitcoin Lightning, CloudSight said it will be […]

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Interview: Blockchain Valley Ventures Founder Discusses Crypto in Switzerland, ICO Regulation and More

Known historically as a hub for international banking and finance, Switzerland has become one of the friendliest countries in the world to blockchain and cryptocurrency enthusiasts and startups. Its Zug region has been dubbed “Crypto Valley” for the number of cryptocurrency businesses based there and in January 2017, the Crypto Valley Association was established to […]

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Robinhood Reportedly Considering Formal Banking Services

Unnamed sources suggest popular free crypto and stock trading application (app), Robinhood, is negotiating with US regulators about prospects for it becoming a bank, complete with traditional services such as savings accounts. It’s still early going, and very preliminary, but such an arrangement could well be the future of banking. Also read: Bitcoin More Influential […]

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Analysts Concerned About Crypto Mining Impact on AMD Share Price

While the AMD stock price has climbed partly in thanks to the crypto mining boom, analysts warn that a cool down in crypto mining could mean this year’s gains will not last. While Advanced Micro Devices Inc.’s (AMD) shares have seen substantial growth in the past month due to a cryptocurrency mining boom, two analysts […]

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Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Korean Government’s Solution Following recent reports of multiple security breaches at cryptocurrency exchanges, […]

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Bithumb Hack Does Not Change Bitcoin Fundamentals, Says Litecoin Founder Charlie Lee

Litecoin founder Charlie Lee says that the recent Bithumb hack cannot affect Bitcoin’s fundamentals the same way a bank robbery should not affect the price of gold. The recent hack of leading crypto exchange Bithumb “doesn’t really change the fundamentals of Bitcoin” Litecoin (LTC) founder Charlie Lee stated in an interview with CNBC June 20. […]

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Toronto Stock Exchange to Trade New Blockchain ETF

The Toronto Stock Exchange will trade a new blockchain ETF, and will focus mostly on hardware and services in the blockchain business. The Toronto Stock Exchange (TSX) will list a new blockchain exchange traded fund (ETF) starting Thursday, Bloomberg reported June 20. The Horizons Blockchain Technology and Hardware Index ETF fund will join other ETFs […]

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Uruguay to Develop Crypto Regulations, Focusing on Innovation

The Uruguayan chamber of fintech is forming a committee that will develop the country’s crypto regulation framework. The Uruguayan chamber of fintech has announced the creation of a special committee for the development of crypto regulation framework, BNamericas reported Tuesday, June 19. The committee will reportedly promote innovation in order to help strengthen and develop […]

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Goldman Sachs CEO: ‘Too Arrogant’ to Think Crypto Won’t Work Out Because It’s ‘Unfamiliar’

Goldman Sachs CEO has reiterated his optimism about Bitcoin adoption, comparing it to the early days of fiat paper money. Goldman Sachs CEO Lloyd Blankfein reiterated his positive stance on cryptocurrencies in an interview with Bloomberg at the Economic Club of New York, June 19. When asked about the chances of crypto to become a […]

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Nasdaq Blockchain Pilot Handles Margin Calls and Collateral Delivery ‘Within Minutes’

Stock exchange operator Nasdaq has successfully tested a blockchain-based Proof-of-Concept. Stock exchange operator Nasdaq has successfully tested a blockchain-based Proof-of-Concept (PoC) that provides an efficient 24/7 securities collateral solution, according to a press release published Tuesday, June 19. The new blockchain platform has been jointly developed by Nasdaq, ABN AMRO Clearing, EuroCCP and Euroclear, and […]

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Korean Ministry Launches Probe Into Causes of Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology has launched an investigation into the theft of $30 mln from the crypto exchange Bithumb. The South Korean Ministry of Science and Technology (MIC) has launched an investigation into the theft of $30 mln from the world’s sixth largest crypto exchange Bithumb, Yonhap News reports Wednesday, June […]

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Radar Relay homepage

Radar Relay, a peer-to-peer decentralized trading platform for Ethereum-based tokens, has emerged from its beta phase. The newly-launched Version 1 comes with improvements to its automated trading tools through the development of an updated application programming interface (API) and a new software development kit (SDK), the startup announced on Tuesday. Built on the 0x Protocol, […]

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Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also scammers have been trying to take advantage of the emotions surrounding the […]

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