January 12, 2018

Bitcoin Cash Price Technical Analysis – BCH/USD Trims Recent Gains

Bitcoin Cash Price Technical Analysis – BCH/USD Trims Recent Gains Key Points Bitcoin cash price after trading as high as $2948 started a new downside wave against the US Dollar. There was a break below a short-term bullish trend line with support at $2560 on the hourly chart of BCH/USD (data feed from Kraken). The… The post Bitcoin Cash Price Technical Analysis – BCH/USD Trims Recent Gains appeared first on Altcoin Today.
January 12, 2018

Bitcoin Price Watch; Here’s What’s On Tonight

Bitcoin Price Watch; Here’s What’s On Tonight We are about to close out on another day of trading in the bitcoin price and action today has been something of a wild ride. Price started the day looking as though it was set to weaken throughout the majority of the European session and, as the early… The post Bitcoin Price Watch; Here’s What’s On Tonight appeared first on Altcoin Today.
January 12, 2018

KFC Canada Is Accepting Bitcoin for Fried Chicken

Fried chicken chain KFC Canada is accepting bitcoin for a limited time for a so-called “Bitcoin Bucket.”
January 12, 2018

Etherbanking – Changing Your Mind on Banking

Etherbanking launched in August 2017 as the world’s first automated banking application with E-Smartcontract technology with an aim to “change your mind on banking.” Etherbanking has already emerged as a successful cryptocurrency lender, with the team garnering over 100,000 members in their first 3 months of operation. Their ICO launches on the 10th of January 2018, where they shall be issuing 5 million EBC tokens, each with a starting price of $10. Etherbanking’s Vision Etherbanking envisions a bank with no branches, staff, or offices. Think of the way Uber works as a company without owning any cabs, or Airbnb without owning property. Etherbanking is keen to create a financially efficient system that benefits from the Ethereum blockchain, eliminating unnecessary costs that exist in traditional finance. One of the unique features of the blockchain is that it removes the need for […]
January 12, 2018

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland

For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton of Zug. Also Read: Australian Taxation Office Creates Task Force to Go After Bitcoin Traders Bitmain Switzerland Zug, Switzerland Bitmain Technologies Ltd., the Beijing-headquartered bitcoin mining machines (ASIC chips) producer, has established a new branch in Zug, Switzerland. The Chinese company explained it chose the Zug location because Switzerland was “one of the most progressive countries”, “with good legal stability” and a skilled workforce. Bitmain says it will employ more employees in Zug in the future and will “actively communicate with self-regulatory organizations (SROs) and […]
January 12, 2018

Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation

Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation Companies all over the world are suddenly looking to get involved with blockchain and cryptocurrency. This is an unexpected yet rather worrisome trend to contend with. When giants such as Kodak are suddenly planning to organize an ICO for their own cryptocurrency and set up a mining… The post Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation appeared first on Altcoin Today.
January 12, 2018

US Representative Submits Bill To Establish FinTech Taskforce

A bill submitted to the US House of Representatives would require a taskforce on financial technology to be created.
January 12, 2018

U.S. State Regulators Hit BitConnect With Second Cease-And-Desist

U.S. State Regulators Hit BitConnect With Second Cease-And-Desist BitConnect’s planned initial coin offering (ICO) has attracted another cease-and-desist letter from U.S. state regulators, marking the second time this month. In a release dated Jan. 9, the regulators from the North Carolina Securities Division outlined the temporary cease-and-desist, stating that BitConnect hadn’t registered to deal or sell… The post U.S. State Regulators Hit BitConnect With Second Cease-And-Desist appeared first on Altcoin Today.
January 12, 2018

Notorious Domain XBT.com Goes up for Sale at 200 BTC

XBT.com, one of the web’s most desirable domain names, is up for sale. Its current owners, XBT Holding SA, are seeking 200 BTC – or about $2.9 million – for the site. The domain is coveted partially because XBT is the abbreviation that many institutional trading platforms use for bitcoin, and also on account of the site’s notoriety, having been linked to the hacking of the US Democratic Party. Also read: Hive to Place Its $100Mn USD Bitcoin Mining Operations in Northern Sweden Buy XBT with BTC It’s not often a three-letter dot com domain goes up for sale, but when it does, it’s guaranteed to command a premium price tag. XBT.com is of particular interest to bitcoiners, given that the letters XBT are synonymous with bitcoin in some circles. This connection accounts for why the web hosting company in charge […]
January 12, 2018

Bitcoin is More Than Just an Investment Option for Iran

Iran’s citizens are straining under the weight of aggressive financial sanctions as result of its nuclear initiatives. Cryptocurrencies like Bitcoin provide a circumvention solution. Even though Bitcoin continues its somewhat volatile price jumps, it is still a desirable asset for investors around the world. Since its phenomenal growth last year, people are buying and holding until it reaches even greater heights. Bitcoin Is Not Just Something to Hodl Onto According to The Hill, however, for the citizens of Iran, it is more than just a store of value. Hadi Nemati, a cryptocurrency researcher in Iran working at Blockchain Match, explained: Visa, Mastercard and everything in the outside world is working well, but in Iran, because of the embargo, we don’t have access to these tools. He added: In most of the world, Bitcoin is more of a store of value, […]
January 12, 2018

Ripple Hate: Is Ripple a Wolf in Sheep’s Clothing?

Since Ripple’s recent boom, it has polarized the community with its centralized nature and its serving of the much-despised banking sector. #ANALYSIS
January 12, 2018

Ukraine Forms Cryptocurrency Oversight Working Group

Ukraine’s national defense chief called for legislation regulating cryptocurrencies at a recent meeting on cybersecurity.
January 11, 2018

Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions

Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party exchanges, and signed messages from the BTC and ETH addresses the customer intends to use. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Bitstamp Wants to Really Know Its Customers Cryptocurrency exchanges are obligated to closely adhere to the law in their jurisdiction. Government agencies are inherently suspicious of bitcoin, and regulators won’t hesitate to shut down exchanges that are found to have facilitated money laundering or conducted inadequate KYC procedures. But in their quest to be seen as […]
January 11, 2018

Bitcoin-Only Charity Pledges Up To $4 Million for PTSD Research

A Bitcoin-only charity called Pineapple Fund seeks Bitcoin donations to a non-profit researching MDMA therapies for PTSD sufferers. #NEWS
January 11, 2018

SegWit Wallet Support is Coming to Bitcoin Core

A new pull request will likely see SegWit included in the forthcoming Bitcoin Core version 0.16 release, easing Core node access to the technology. ‘It’s Happening’ Activity from Core’s Github repository confirms the pull request by Core developer Pieter Wuille, which comes as industry and community pressure builds on Bitcoin entities to upgrade systems to handle SegWit. According to a previous release schedule, 0.16.0 is due to complete by May 1, and could now count a block size resolution milestone among its improvements for the Bitcoin network. “Prepare for liftoff as the real BTC solves it with 1MB base block data, jaws will drop,” one example of the excited social media responses to the news reads. Merged PR from sipa: SegWit wallet support https://t.co/J6lwf8uo9O — Bitcoin Merges (@BitcoinMerges) January 11, 2018 Curator Jonas Schnelli accompanied the news with a selection […]
January 11, 2018

Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). Also read: No, Mainstream Media, That Country Did Not Ban Bitcoin. Again. ‘Big Discounts’: Some Overstock Customers Pay for Items Priced in BTC With BCH According to the company Krebs on Security and the security firm Bancsec, Overstock’s marketplace had a serious glitch allowing people to pay for products priced in BTC in BCH. On January 5 a Krebs researcher chose to purchase three outdoor solar lamps from Overstock which added up to $78.27. At the time Overstock’s invoices told the researcher to pay 0.00475574 bitcoins to a specific […]
January 11, 2018

Florida, Nebraska Bills Would Open Door To Legally Binding EDCCs

Bills introduced to state legislatures in Florida and Nebraska would allow for EDCCs, or smart contracts, to be legally enforceable. They would also define qualifying blockchain-mediated digital signatures as legitimate in the eyes of the law.
January 11, 2018

SEC, CFTC To Testify On Cryptocurrency Before Senate Banking Committee

In February, the Senate Banking Committee will hold a hearing on cryptocurrency. The meeting will reportedly feature testimony from the leaders of the CFTC and the SEC, agencies that have cautiously defined the parameters of cryptocurrency regulation.
January 11, 2018

Arizona Lawmakers Want to Let People Pay Taxes in Bitcoin

A new bill submitted to the Arizona Senate would, if approved, allow people to pay their state tax liabilities using bitcoin or other cryptocurrencies.
January 11, 2018

Japan’s Most Popular Chat App In Talks to Integrate Cryptocurrencies

Japan’s most popular chat app, with 168 million active monthly users, Line, could soon integrate cryptocurrencies. The company is reportedly in talks with a number of companies to integrate cryptocurrencies into its mobile payment service, Line Pay. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Line Could Soon Integrate Cryptocurrencies The operator of Japan’s most popular messaging app, Line Corp, is reportedly working to integrate cryptocurrencies into its platform. According to people familiar with the matter, the Tokyo-based company “is in discussions with multiple companies on using cryptocurrencies for payment services including Line Pay,” adding that: The broader goal is to create products that keep users within Line’s ecosystem and keep them coming back to the app, increasing ‘stickiness.’ Line Pay is the mobile payments service used in the chat app. Launched in […]
January 11, 2018

What Is AppCoins?

AppCoins (APPC) has held its ICO and is up nearly 300% since being added to Binance last Friday. But that’s not what interests me the most about this small market cap asset. Beyond the Big Boys If using bitcoin is one way of saying “f*** you” to the banks who until now have largely controlled our money, AppCoins is equivalent to saying “hell no” to Apple and Google, whose respective app stores sadly dominate the mobile landscape. AppCoins was created by Aptoide, an existing player in the mobile app industry. Its alternative marketplace runs on the Android OS and boasts 200 million users worldwide. The team’s goal is to disrupt the current app store duopoly and bring more transparency & efficiency to this space. It plans to do so by marrying blockchain technology and smart contracts with app stores (not […]
January 11, 2018

India’s Bitcoin Exchange Koinex Suffers From Bank Blocking Crypto Accounts

India’s Bitcoin Exchange Koinex Suffers From Bank Blocking Crypto Accounts India continues its shaky experiment with money’s future as its domestic population is wild about cryptocurrency. Its government and regulators are less than thrilled, though. The banking system is siding with minders, causing friction between account holders and crypto exchanges. Everyone is pointing to a… The post India’s Bitcoin Exchange Koinex Suffers From Bank Blocking Crypto Accounts appeared first on Altcoin Today.
January 11, 2018

US Marshals Plan to Auction $52M Worth of Seized Bitcoins

The U.S. Marshals announced on January 11 that the agency has plans to have another online bitcoin auction on January 22. The six-hour auction will see the sale of 3,813 bitcoins ($50Mn USD) seized from various criminal cases. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Six-Hour Online Bitcoin Auction The U.S. government is selling bitcoins again, and this time it’s a fairly sizeable USD sale that the agency hopes to finish in a six-hour timeframe. The U.S. Marshals (USMS) explain in a recent press release that the sale will be a “sealed bid auction” for approximately 3,813 bitcoins. Participants looking to buy these particular bitcoins have to initiate a deposit of $200,000 USD. “These bitcoins were forfeited in various federal criminal, civil and administrative cases,” explains the USMS announcement. This sealed bid auction for […]
January 11, 2018

BitFury Group De-Anonymizes Over 15% of the Bitcoin Network With New Blockchain Analysis Tool

The ability to analyze and link Bitcoin transactions is something many governments and regulators hope to do more of moving forward. A lot of officials still think Bitcoin is anonymous, even though that is far from the case. BitFury Group recently demonstrated their latest analysis tool by de-anonymizing several million Bitcoin transactions. It’s an interesting turn of events, even though Bitcoin was never designed to be used in an anonymous capacity whatsoever. Another Notch in BitFury Group’s Belt Not too long ago, we touched upon the fact that BitFury Group has been making progress in the area of analyzing Bitcoin transactions. Given the company’s position in the world of transaction validation, it is in a prime position to dominate the other end of the spectrum as well. After all, Bitcoin is often associated with criminal activity, even though it lacks all of the necessary traits required in order to succeed in […]
January 11, 2018

Proposed Ban On Cryptocurrency Trading, Exchanges In South Korea

Investors and exchanges in South Korea were bracing themselves for what may amount to a government-issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the global community rocking on its heels.
January 11, 2018

Australian Taxation Office Wants to Curb Bitcoin-Related Tax Evasion

People may have been using cryptocurrencies to evade taxes all over the world. Whether or not anyone will ever uncover evidence of people doing so remains subject to speculation. In Australia, the Australian Taxation Office wants to find out how people are using cryptocurrencies. A new task force has been created to investigate any reports of potential tax evasion using Bitcoin and similar currencies. In a way, this move is positive for the future of cryptocurrency. ATO Wants to Address Cryptocurrency-related Tax Evasion We may never know whether or not anyone has ever used Bitcoin or other cryptocurrencies to launder money. Even though public blockchains are anything but anonymous these days, a lot of governments have neglected to embrace cryptocurrency as a form of money. In doing so, they inadvertently allowed this medium to thrive without regulation or oversight. It […]
January 11, 2018

Hive to Place Its $100M USD Bitcoin Mining Operations in Northern Sweden

This week the Canadian firm, Hive Blockchain, announced it would be starting a $100Mn USD mining operation in Sweden. Hive’s CEO says the mining center will “ten times bigger” than the company’s Iceland mining centers. Also Read: Markets Update: Cryptos Look for Relief After South Korea FUD Causes Losses Hive Blockchain Is Starting a Mining Operation in Sweden Hive Blockchain is a company that was created by Harry Pokrandt and Olivier Roussy Newton in 2013. The firm is dedicated to mining operations and developing the blockchain industry in a partnership between Genesis Mining and Fiore Group. According to regional publications in Sweden, Pokrandt explains the company raised approximately $115Mn for mining operations in Boden this past May. During that time Hive was also listed on the Toronto Stock Exchange, and interest in the company grew exponentially. Genesis mining will also be […]
January 11, 2018

PRE-ICO SOON – Betrium Launches Presale, Worldwide Bookmaker and Betting Exchange

Jan 22, 2018, Amsterdam, Betrium launches Pre-ICO soon with 25% discount on the first day. Betrium is the worldwide bookmaker and betting exchange offering zero fees, innovative Volatility Stabilization System for professional traders, API for developers and event organizers platform. Betrium is going change the wealthy industry of $1 trillion annually. Pre-ICO Launches Soon, 25% Discount on the First Day The project is an official sponsor of the legendary TNABC conference, which will take a place in Miami on 17-19th, where Betrium’s CEO Max Suvorov will speak. Earlier, Sam Taheri, professional GT and NASCAR pilot, became an advisor and sports representative of Betrium. Profit Share for BTRM Token Holders: 50% Website: https://betrium.co Industry problems 1. Worldwide Support No global support. No global money deposits and withdrawals. Only local and the world’s most popular events. 2. Volatility of cryptocurrencies. Usually, professional […]
January 11, 2018

How Blockchain is Banking the Unbanked

Over two billion people in the world still do not have a bank account. How could Blockchain integrate unbanked people into the global economy? #BLOCKCHAIN
January 11, 2018

Bitfury and First Block Capital invest in Emercoin

The Bitfury Group and First Block Capital today announced they have invested in Emercoin and will support the provider of blockchain solutions and services for customers around the world. The decision to support and… Bitfury and First Block Capital invest in Emercoin was published on CryptoNinjas.
January 11, 2018

Kodak Wants Its Own Cryptocurrency and Bitcoin Mining Operation

Companies all over the world are suddenly looking to get involved with blockchain and cryptocurrency. This is an unexpected yet rather worrisome trend to contend with. When giants such as Kodak are suddenly planning to organize an ICO for their own cryptocurrency and set up a mining operation, you know the bubble is very real. Whether any of these ventures will be even remotely successful in the long run remains to be determined. The company’s goals are very ambitious, to say the very least. What is Kodak up to These Days? It seems a lifetime ago that people last heard anything significant about Kodak. Although the corporation had been successful throughout the decades, it almost went bankrupt in 2013. Ever since, it seems Kodak has been making far fewer headlines. That is not entirely surprising, but it’s good to know the company is still […]
January 11, 2018

U.S. State Regulators Hit BitConnect With Second Cease-And-Desist

North Carolina became the second state to halt BitConnect’s ICO after issuing a temporary cease-and-desist.
January 11, 2018

The Highs and Lows of Cryptocurrency Investing

Playing the stock market has always had an air of exclusivity about it which cryptocurrency investment has not had, but there are still issues plaguing it. #SMART INVESTMENT
January 11, 2018

Unocoin begins integration of SegWit enabled BTC wallets

Indian bitcoin exchange Unocoin has announced that SegWit rollout is now rolling for BTC deposit addresses for all the verified clients starting from tomorrow January 12th at 12:00 PM local time. All accounts created… Unocoin begins integration of SegWit enabled BTC wallets was published on CryptoNinjas.
January 11, 2018

Ripple Announces Partnership With MoneyGram To Speed Fiat Settlements

Ripple Announces Partnership With MoneyGram To Speed Fiat Settlements Blockchain-based payments gateway Ripple announced a new partnership with payment service MoneyGram today, Jan. 11. In a blog post today, Ripple confirmed that MoneyGram would integrate Ripple’s XRP altcoin into its payment system. The integration, according to Ripple, “allows MoneyGram to solve the age-old liquidity issue most financial institutions face.” Ripple CEO… The post Ripple Announces Partnership With MoneyGram To Speed Fiat Settlements appeared first on Altcoin Today.
January 11, 2018

Ripple Just Silenced Its Critics With MoneyGram Partnership

Ripple just announced a major new partnership with MoneyGram that will see the latter pilot xRapid and XRP. When leading cryptocurrency price aggregation site CoinMarketCap removed South Korean exchanges from its price calculations earlier this week, the prices of many of the major assets in the sector took a hit. None more so, however, than Ripple (XRP). Ripple went for around $3.65 apiece back on January 6 but dipped to well below two dollars midsession on Wednesday as markets responded to the seeming correction (which was, in reality, driven by the CoinMarketCap move as opposed to a shift in sentiment). Today, however, Ripple is very much back in favor. Why? Because the company just announced that it has struck a deal with money transfer behemoth MoneyGram, a deal that will see the latter use XRP in its payment flows. A Pilot […]
January 11, 2018

Microsoft’s Website Reinstates Bitcoin Payment Functionality

It didn’t take Microsoft all that long to fully reinstate its Bitcoin payment option. A few days ago, the company announced it no longer considered BTC to be an active payment instrument. Customers could still fund their accounts with Bitcoin, but that was the only option available to them. In a new turn of events, the company has restored full Bitcoin payment functionality. This was thanks to some help from BitPay, the company processing BTC payments on behalf of the technology giant. Microsoft Embraces Bitcoin Once Again Earlier this week, we reported on how Microsoft had suddenly halted most of its Bitcoin payment functionality. Given the currency’s slow confirmation times and high network fees, that decision was not entirely unexpected. Bitcoin is not in the best of places right now, as it is marred by technical issues which are very difficult to overcome. Until […]
January 11, 2018

Bitstamp Announces Operational Changes to Handle Influx of New Users

Bitstamp Announces Operational Changes to Handle Influx of New Users Various cryptocurrency exchanges have seen their fair shares of issues over the past few months. When it comes to scaling infrastructure, a lot of new challenges have arisen due to an influx of new users. Bitstamp, one of the bigger cryptocurrency exchanges out there, plans… The post Bitstamp Announces Operational Changes to Handle Influx of New Users appeared first on Altcoin Today.
January 11, 2018

Ripple Announces Partnership With MoneyGram To Speed Fiat Settlements

A partnership between Ripple and MoneyGram aims to increase the efficiency of the fiat payment platform’s settlements #BRIEF
January 11, 2018

MoneyGram to pilot Ripple (XRP) in payments

Ripple today announced a new partnership with MoneyGram, one of the world’s largest money transfer companies. As part of the agreement, MoneyGram will pilot XRP in their payment flows and also explore integration into… MoneyGram to pilot Ripple (XRP) in payments was published on CryptoNinjas.
January 11, 2018

Kibbo Lotto to Repay Investor Faith with $13 Mln Distribution Plan

Kibbo Lotto, an international decentralized Lotto powered by Blockchain and Ethereum smart contracts, is repaying the faith to their investors by launching a $13 mln distribution plan. Over 4500 partners had already received distribution money and it’s still on. Disclosure: This is a Sponsored Article While still in full development, Kibbo states that they are in a position where they make this payment to investors and not jeopardize the continued process. It comes because of the personal consideration of the team from the Kibo’s marketing fund. Distributed funds Kibo are looking to be first in ICOs to distribute funds to their partners, including Kibo Platform owners, with their plan to distribute $13 mln between holders of tokens and platforms. Kivo will be making it worthwhile too as they plan to distribute in an amount of investments in US dollars at […]
January 11, 2018

Goldman Sachs Admits Bitcoin is Real Money, Cites Use Cases in Developing World

Goldman Sachs Admits Bitcoin is Real Money, Cites Use Cases in Developing World White shoe investment bank Goldman Sachs has admitted that Bitcoin and other digital currencies could succeed as real money in developing economies. Goldman strategists wrote in a recent report: “In recent decades the U.S. dollar has served its purpose relatively well. [But] in… The post Goldman Sachs Admits Bitcoin is Real Money, Cites Use Cases in Developing World appeared first on Altcoin Today.
January 11, 2018

How To Buy Monero ( XMR ) With USD From Changelly

Monero (XMR) is an open-source cryptocurrency (accessible to all) that is mainly focused on privacy and decentralization. Monero is a private, secure, and untraceable cryptocurrency. With Monero, you are your… Continue reading “How To Buy Monero ( XMR ) With USD From Changelly” The post How To Buy Monero ( XMR ) With USD From Changelly appeared first on .
January 11, 2018

Bitcoin Cash Price Makes a Push for $3,000

Bitcoin Cash Price Makes a Push for $3,000 In the world of cryptocurrency, there is no such thing as a boring day. Right now, the Bitcoin Cash price is of great interest to a lot of people, which shouldn’t come as much of a surprise. Despite an earlier rise to US$3,000, the Bitcoin Cash price… The post Bitcoin Cash Price Makes a Push for $3,000 appeared first on Altcoin Today.
January 11, 2018

ICOBox and KELTA Team Up to Introduce a New Generation of Crypto Processing Technology

ICOBox and KELTA Team Up to Introduce a New Generation of Crypto Processing Technology   Established crypto farm and data center, KELTA, has just signed on with ICOBox, the premier provider of SaaS solutions for conducting ICOs. ICOBox will provide technical, legal and marketing services for KELTA as the company prepares to launch its ICO.… The post ICOBox and KELTA Team Up to Introduce a New Generation of Crypto Processing Technology appeared first on Altcoin Today.
January 11, 2018

No, Mainstream Media, That Country Did Not Ban Bitcoin. Again.

Headlines roared late last night in the western hemisphere, morning in the east, as mainstream media outlets breathlessly ran with an initial report from a legacy wire service: the Republic of South Korea is to ban cryptocurrency. The truth is more subtle, and it’s fast becoming an object lesson in fear, uncertainty, and doubt (FUD). Veterans and those new to bitcoin and crypto have clear choices as to reliable media coverage, and the South Korean “ban” is a perfect example. Also read: Mainstream Media Libel of Bitcoin South Korea isn’t Banning Crypto, Again “There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” Minister of Justice, Park Sang-ki, was quoted, according to Reuters. Except, maybe not. The attribution actually reads: “Park told a news conference, according to the […]
January 11, 2018

Bitstamp Announces Operational Changes to Handle Influx of New Users

Various cryptocurrency exchanges have seen their fair shares of issues over the past few months. When it comes to scaling infrastructure, a lot of new challenges have arisen due to an influx of new users. Bitstamp, one of the bigger cryptocurrency exchanges out there, plans to introduce some much-needed upgrades. Not only will the site add more staff, but several operational changes will take place as well. Bitstamp Wants to Remain Ahead of the Curve Like most other cryptocurrency exchanges, Bitstamp has seen spectacular growth throughout late 2017 and early 2018. It almost seems as if the whole world only now realizes cryptocurrencies are a real thing. While opinions on this new form of money may still be somewhat divided, it is evident there is genuine interest in buying, selling, and trading Bitcoin, Ethereum, XRP, and other assets. However, companies will need […]
January 11, 2018

White Paper Published for Blockchain Privacy Tech Zk-starks

The highly-anticipated white paper for zk-starks, which does away with the so-called trusted setup made famous by zcash, is out.
January 11, 2018

Defying Wider Market Downtrend, Bitcoin Cash Eyes $3K

Bitcoin cash looks set for a gravity-defying move, with chart analysis suggesting gains to above $3,000 may be in order.
January 11, 2018

Russian Ministry of Labor: No Tax on Bitcoin for Government Officials

Russian civil servants will not need to declare cryptocurrency gains in this year’s income tax report, the government has suggested. Russia Still Lacks Legal Framework For Tax Analyzing the yearly recommendations for income tax declaration from the country’s Ministry of Labor and Social Protection, sources claim that government workers’ profits from cryptocurrency can be left out altogether. The annual reporting period for 2017 comes at a time when Russia is still developing hard-and-fast legislation for Bitcoin and altcoin usage, which it is due to finalize in June. The lack of “legal specifications” is the principal reason for the government’s choice not to get involved in tax calculations this period, local news outlets claim. As Bitcoinist previously reported, the package of laws currently being developed demonstrates a need to address current knowledge gaps about cryptocurrency present at both legal and legislative levels. […]
January 11, 2018

Decentralized Exchange DEEX to Start Token Sale on January 10, 2018

DEEX, a decentralized financial ecosystem based on the BitShares 2.0 platform, just started their token sale campaign on January 10. This exchange offers functionalities comparable to the centralized exchanges without… Continue reading “Decentralized Exchange DEEX to Start Token Sale on January 10, 2018” The post Decentralized Exchange DEEX to Start Token Sale on January 10, 2018 appeared first on .
January 11, 2018

US Marshals Service to Auction Off $54 Million in Bitcoin

US Marshals Service to Auction Off $54 Million in Bitcoin The U.S. Marshals Service has announced that it will auction off more than 3,800 bitcoins later this month. The auction will take place on Jan. 22, according to a representative from the service. The event marks the first time since 2016 that the U.S. Marshals… The post US Marshals Service to Auction Off $54 Million in Bitcoin appeared first on Altcoin Today.
January 11, 2018

MonneyGram Announced Partnership with Ripple

Ripple may have encounter the end of a price correction. MoneyGramm Inc, the money transfer company based in the United States, announced that it is working with Ripple (XRP) testing… Continue reading “MonneyGram Announced Partnership with Ripple” The post MonneyGram Announced Partnership with Ripple appeared first on .
January 11, 2018

Tokenizing User Data on Social Media with Blockchain

Twenty years ago, marketing and advertising were a sole industry that relied on a print type of content, banner ads and conventional TV commercials to market their products and services. At the time, the process worked because there were no viable competitors to disrupt the system. The Internet and the rise of social media changed an industry, persuading companies to relocate to the online realm to remain afloat. Disclosure: This is a Sponsored Article However, consumers have started doubting that using social media is safe. In fact, Facebook has been recently accused of storing user images illegally. Consumers don’t feel safe knowing that every time somebody tags them in a post, Facebook knows who they are. In 2017, the social media giant paid a $1.4 mln fine for violating consumer privacy. This makes people wonder just safe the Internet really […]
January 11, 2018

Bitcoin Conference Stops Accepting Bitcoin For Tickets, Blames ‘Network Congestion’

The North American Bitcoin Conference stopped accepting BTC for tickets due to “network congestion” #BRIEF
January 11, 2018

MoneyGram Adopts Ripple’s XRP in Open-Ended Pilot for International Money Transfers

MoneyGram Adopts Ripple’s XRP in Open-Ended Pilot for International Money Transfers International money transfer service MoneyGram has announced that it will adopt Ripple’s XRP token into its payments system in a bid to increase the speed and reduce the cost of cross-border payments. Ripple and MoneyGram — the world’s second-largest provider of money transfers — made the announcement on Thursday, explaining that the two companies would partner to launch the open-ended pilot program to increase the efficiency of the Dallas-based company’s internal processes. “The payments problem doesn’t just affect banks, it also affects companies like MoneyGram, which help people get money to the ones they care about,” said Brad Garlinghouse, chief executive officer of Ripple. “By using a digital asset like XRP that settles in three seconds or less, our clients can move money as quickly as information.” MoneyGram will integrate XRP […]
January 11, 2018

Venezuela Will Pre-Mine Its Cryptocurrency Petro and Launch in 6 Weeks

One day after Venezuela’s oil-backed cryptocurrency was declared illegal, the government of president Nicolas Maduro announced plans to pre-mine the petro. The new currency is expected to launch in six weeks. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Petro Mining Restricted to Government The Venezuelan Superintendent of Cryptocurrencies and Related Activities, Carlos Vargas, announced during a Venezolana de Televisión broadcast on Wednesday, as reported by El Universal: The petro will not be minable but [will be] pre-mined, that is, the complete emission will be under the control of the country. In addition, it will be assigned with a procedure similar to that of an auction. Carlos Vargas. “In a period of a month and a half, the sale of the petro cryptocurrency will take place” and people will be able to create […]
January 11, 2018

The Useless Ethereum Token Crowdsale Netted $300K

A few months ago, an individual announced he was creating the Useless Ethereum Token. As the name suggests, this new asset serves no real purpose, will not necessarily appreciate in value, and shouldn’t even be listed across exchanges. Despite the lack of appeal to investors, the Useless Ethereum Token’s creator raised over US$300,000 through his initial coin offering. It is evident a lot of people didn’t pay attention to what this project was about. The Useless Ethereum Token Becomes a Success Although no one really expected anything to come of the Useless Ethereum Token, it did confirm that the entire initial coin offering industry is in a very bad place. Anything that is labeled an ICO, blockchain, or cryptocurrency will attract a lot of attention at some point. In some cases, projects might even raise several thousands of dollars even though […]
January 11, 2018

BTC.com wallet improves Bitcoin transaction fee choices

BTC.com, the popular bitcoin wallet application from Bitmain Technologies announced today it has released updated options for Bitcoin network fee transactions in order to give users more liberty to choose the preferred fee that… BTC.com wallet improves Bitcoin transaction fee choices was published on CryptoNinjas.
January 11, 2018

Quality Reviews Make ICO Investment a Breeze

Combining Blockchain immutability and power of artificial intelligence Revain have released the v0.3 of their ICO review platform. #SPONSORED
January 11, 2018

Transparency in Every Bet, Smart Contracts and Blockchain to Revolutionize Online Gambling

What draws our attention in the crypto world is the diversity of Blockchain technological capabilities. One of them is online betting. If you are an eSport enthusiast and active appreciator of Blockchain technology, this article is putting the two together in the most contemporary way of eSport gambling.  According to Entrepreneur (2017), eSports betting is a form of online gambling facilitated by electronic systems – video games. Human-computer interfaces mediate those systems. Newzoo – provider of market intelligence covering the global games, eSports and mobile markets– estimates global gaming market growth to $143.5 bln by 2020 from the current $116 bln. The market volume of online gambling is expected to reach $59.79 bln in 2020. This is a massive turnover of cash! Along with the growth of the gaming industry, eSports gambling will also accelerate outperforming the traditional betting. Disclosure: This is a […]
January 11, 2018

The Mystery of the ”Lost” Bulgarian Bitcoins Sparks Questions Again

Missing, stolen, lost or buried…these are all adjectives attracting attention when attached to the noun “cash”, physical or digital. Comments and shares on social media have revived curiosity and sparked questions about one particular monetary mystery – what happened with the 200,000 bitcoins Bulgaria seized from gangsters? As with any urban legend, a mix of facts, claims and conspiracy theories drives imaginations wild.   Also read: This Bulgarian Business School Offers Bitcoin Scholarships In The Beginning Was the Word The Southeast European Law Enforcement Center (SELEC) published a press release titled “More than 200,000 Bitcoins in Value of 500 Million USD Seized by Bulgarian Authorities”, back in May last year. Supported by SELEC, Bulgarians had successfully conducted a joint investigation in the field of cybercrime. The operation, codenamed “PRATKA/VIRUS” (Shipment/Virus), had targeted a criminal attempt to evade taxes and duties by hacking […]
January 11, 2018

India’s Bitcoin Exchange Koinex Suffers From Bank Blocking Crypto Accounts

India continues its shaky experiment with money’s future as its domestic population is wild about cryptocurrency. Its government and regulators are less than thrilled, though. The banking system is siding with minders, causing friction between account holders and crypto exchanges. Everyone is pointing to a lack of clarity in the law as origin for the confusion. Meanwhile, average Indian traders suffer. Also read: Bitcoin Turns 9 Years Old Exchanges in India Stuck Popular crypto exchange in India, Koinex, posted an update titled, The Truth Behind the Unexpected Delay. In an usually emotional explanation, the company understood “many of our users have faced difficulties with INR withdrawals on Koinex.” INR is the abbreviation for its national currency, ₹ Indian rupee. “A tussle between our payment service partner and their bank has caused an indefinite delay in the settlement of a large […]
January 11, 2018

North American Bitcoin Conference Team Temporarily Drops Bitcoin Payments

Attending Bitcoin conferences can be quite expensive these days. In most cases, attendees will not spend ‘real money” on a […] The post North American Bitcoin Conference Team Temporarily Drops Bitcoin Payments appeared first on Bitcoin Network, News, Charts, Guides & Analysis.
January 11, 2018

Coinbase Merchant Error Causes Major Exploit on Overstock

Recently, it was made public that retail giant Overstock.com had fallen victim to a huge exploit involving Coinbase’s merchant API. This is another issue on top of many others that customers and businesses have made apparent affecting the leading Bitcoin exchange. On January 5, independent researchers discovered a massive exploit in Overstock’s cryptocurrency payment gateway, which is offered through Coinbase’s merchant functionality. This exploit allowed Overstock customers to purchase items with Bitcoin Cash (BCH) instead of Bitcoin, which effectively resulted in an almost 85% discount. The even greater issue that emerged was the ability to return purchases made with the discounted BCH and receive Bitcoin in return. Malicious users could pay for an order in Bitcoin Cash and be refunded an equal amount of Bitcoin. This exploit emerged when Coinbase first implemented Bitcoin Cash support on December 19, and existed for almost three […]
January 11, 2018

China Clamps Down On Cryptocurrency Miners

Cryptocurrency miners in China might start looking elsewhere as local authorities begin to direct all such operations within the country to shut down.
January 11, 2018

Korean Official: Cryptocurrency Exchange Ban ‘Not Finalized’

South Korea’s Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone.
January 11, 2018

Shopin Partners with iExec to Bring Data Democratization to Retail Industry

Shopin Partners with iExec to Bring Data Democratization to Retail Industry   Key Milestone Enables Shopin to Securely Scale Its Platform for Mass Consumer Adoption Without the Constraints of the Ethereum Blockchain   NEW YORK, NY — JAN. 8, 2018  — Shopin, the first universal shopper profile that delivers the most personal shopping experience on retailers’ websites… The post Shopin Partners with iExec to Bring Data Democratization to Retail Industry appeared first on Altcoin Today.
January 11, 2018

Using Blockchain to Combat The Opioid Epidemic – Meet BlockMedX

The opioid epidemic has caused quite the stir recently. Due to a large number of reports, surveys and studies on the epidemic, the staggering numbers are being presented… Using Blockchain to Combat The Opioid Epidemic – Meet BlockMedX was published on CryptoNinjas.
January 11, 2018

Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes Losses

There’s been a lot of uncertainty stemming from the mainstream media’s portrayal of South Korea’s digital asset economy, and rumors of a trading ‘ban’ has triggered some significant cryptocurrency market volatility. The price of bitcoin took a tumble downwards yesterday evening to the $12,775 USD zone around 11 pm EDT, after it came close to grasping the $14,900 range. At the moment, BTC/USD prices are trying to stay above the $14K area and attempting to recover from yesterday’s market wounds. Also Read: SEC Suspends Trading in Blockchain Firm With No Revenues and No Product After More South Korean Rumors, BTC Markets Head Southbound After Coming Close to $15K on January 10 This week South Korea brings the FUD to cryptocurrency markets. Over the past week, cryptocurrency investors have been fixated on South Korea and the government’s recent exchange ‘crackdown.’ Much […]