This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida

A notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and […]

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Shrimp, Frogs, and Drugs Are Clogging the Ethereum Blockchain

Move over Cryptokitties. The ethereum network has a new batch of games to blame for rising gas fees. Over the past week, the viral success of dapps such as Ether Shrimp Farm, Ether Cartel, and Pepe Farm has congested the ethereum blockchain, questioning its readiness for enterprise adoption. Also read: Cryptocurrency is Property in Russia, Justice […]

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BlockShow Europe 2018 Blasts a Massive Update, Days Prior to the Event

A week before the event, BlockShow Europe 2018 reveals some big news. BlockShow Europe 2018 is fast approaching – time has come for some for some big news from the organizing team. Today, roughly a week before the event, we want to shed some light on what is waiting for more than 3000 attendees in […]

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China Ranks Cryptos: Bitcoin (BTC) Dismal 13 of 28

People’s Republic of China (PRC) 中华人民共和国 was one of the first governments to ban bitcoin, cryptocurrency. Now, the PRC is the first country to come out with official government crypto rankings. Its China Center for Information Industry Development (CCID) used three filters through which coins would be judged: innovation, technology, application. Rather surprisingly to some […]

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Cryptocurrency is Property in Russia, Justice Minister Confirms

The Russian Ministry of Justice has taken side in what looks like a lively debate about the status of cryptocurrencies that are still unregulated in the country. A bankruptcy case involving a modest amount of bitcoin has sparked discussions in Russian legal circles. Some say a crypto is nothing more than “a set of characters.” […]

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Image: Shyft signs MoU with the government of Bermuda, Joseph Weinberg, chairman of Shyft, and David Burt, Bermuda Premier, via Twitter

Shyft, a blockchain KYC/AML and identity startup, has signed a memorandum of understanding (MoU) with the government of Bermuda led by the Premier of Bermuda, E. David Burt, JP, MP, in which the startup has pledged to invest up to US$10 million over the next three years into the local economy. The deal also involves […]

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U.S.: Colorado Proposes Accepting Cryptocurrency for Political Campaigns

Following the FEC and a number of states, Colorado is considering allowing political campaigns to accept cryptocurrencies. Political candidates in Colorado could soon accept Bitcoin or other digital currencies for their campaigns, according to reports by the Denver Post on May 17. Secretary of State Wayne Williams made the proposal for allowing donations of cryptocurrencies […]

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