May 31, 2018
Japan’s GMO Internet Inc. announces Bitcoin in-game rewards app to launch in August
May 31, 2018
TRON has launched a beta version of its independent public blockchain, beginning the altcoin’s transition away from the Ethereum network
May 31, 2018
Despite the growing interest in cryptocurrency, not all ventures should be trusted by default. In the United Kingdom, an active investigation into two dozen cryptocurrency firms has been launched by the Financial Conduct Authority. Although this doesn’t mean any of these firms have done something illegal, it will be interesting to see what the investigation turns up. The FCA is on the prowl The cryptocurrency industry is undergoing some big changes. For their part, the UK’s Financial Conduct Authority is looking for ways to crack down on illicit activity in the cryptocurrency industry. Cracking down on companies running illegitimate businesses is of the utmost importance. At present, the FCA is launching no less than two dozen investigations involving cryptocurrency firms. Additionally, seven whistle-blower reports were investigated in 2018. All of those reports pertain to Bitcoin and other cryptocurrencies, although the exact nature of the investigations is rather […]
May 31, 2018
By Murad Mahmudov and Adam Taché. Foreword This is a follow-up to The Many Faces of Bitcoin, which discussed four schools of thought of Bitcoin. This article will analyze these perspectives by discussing trade-offs, philosophical divides within the community, and expected behaviors of the proposed systems. Index Bitcoin as Money Roles of Full Nodes & Miners in Bitcoin & Bitcoin Cash Addressing “Satoshi’s Original Vision” Role of SPV Segregated Witness Bitcoin Maximalism Upper-Layer Systems and Alt-Coins Bitcoin As Money Bitcoin presents us with an opportunity to reinvent gold, or even rethink money for the digital future. A number of economists have suggested that it may be more appropriate to evaluate items based on their degree of moneyness. According to this thinking, it isn’t that something either is or is not money; on the contrary, many items can play a monetary role and some items can play this […]
May 31, 2018
Kathryn Haun, board member of Coinbase and HackerOne, claims that regulation should not “outpace understanding”
May 31, 2018
If there’s a sacred line the crypto community insists shouldn’t be crossed, it’s Thou Shalt Never Cooperate with Government Prohibitions. Apple Inc., the world’s most valuable company, appears to have ventured into such territory, according to Telegram’s founder Pavel Durov. He claims the maker of iPhone, iPad, and other iconic hardware, is purposefully restricting Telegram’s program updates on Apple’s latest operating system rollout in an effort to appease Russian authorities. Also read: Philippines’ Crypto Wallet Reaches 5 Million Users, Adds More Coins Apple Inc. Sides with Russia Against Telegram “Apple has been preventing Telegram from updating its iOS apps globally ever since the Russian authorities ordered Apple to remove Telegram from the App Store,” Telegram’s Pavel Durov wrote on his quarter million member Durov’s Channel. “Russia banned Telegram on its territory in April because we refused to provide decryption […]
May 31, 2018
May 31, 2018
Poland’s financial authority invites crypto exchange BitBay to collaborate on regulation just as exchange is forced to leave the country
May 31, 2018
High-ranking government officials continue to speak out on the possibility of central bank digital currencies.
May 31, 2018
Wall Street has always been an exciting place for anyone with financial aspirations. A lot of major firms make up the Wall Street as we know it today, but things have been changing fairly rapidly. Growing interest in cryptocurrency is motivating a lot of people to quit the world’s financial hub in favor of completely different pastures. Wall Street is a Temporary Stop For as long as most people can remember, Wall Street has been considered the pinnacle of the financial sector. A lot of people have high expectations of any firm and individual active in this industry, although it seems things are quickly changing in this regard. That can only be considered a good thing, especially when considering that there are other innovative markets out there. Although Wall Street has made many people a lot of money over the past few years, it […]
May 31, 2018
Crypto markets will eventually “correct” and wash out all players that don’t solve a real problem, says Ripple CEO Brad Garlinghouse
May 31, 2018
BitBay is moving to Malta as Polish banks refuse to continue doing business with the exchange.
May 31, 2018
German stock exchange Deutsche Börse plans to spend $315 mln on new tech, including blockchain and AI, as part of its 2020 roadmap
May 31, 2018
The future is looking rather bright for Ripple and XRP. Dozens of financial institutions have taken a keen interest in this project and all of its technology. One firm, Currencies Direct, recently completed an international transaction over the xRapid platform. This is another validation of the XRP asset in the financial sector. xRapid Continues to Gain Recognition It is evident the financial sector has high hopes for blockchain technology and digital assets. Developing proper solutions in this regard is not all that easy. It seems a lot of corporations and banks are looking at Ripple’s xRapid solution. This particular project offers a new liquidity solution when it comes to international payments due to its competitive FX rates and nearly instant transactions. So far, xRapid has garnered a lot of attention in Asia. Even so, a lot of banks and financial […]
May 31, 2018
Bittrex has finally introduced fiat currency support. The US exchange, which was established in 2013, subsisted with tether as its USD surrogate until recently, before adding another stablecoin, TrueUSD, a couple of months ago. Around the same time, its CEO Bill Shihara revealed that the platform would be adding USD pairs and today they went live for corporate clients. Also read: Weiss Ratings Publishes Complete List of 93 Cryptocurrency Ratings More Fiat, Less Tether Bittrex, along with exchanges such as Binance and Upbit, has been gradually weaning itself away from tether, which for a long time was the only dollar-based hedge available. It has been speculated that the desire to list other stablecoins, and to eventually pivot to USD, was partially born out of a desire to be less reliant on the notoriously opaque tether. Whatever the reasoning, Bittrex has now […]
May 31, 2018
Bitcoin is now trading for roughly $200 more than where it stood yesterday, reaching the $7,500 mark in less than 24 hours. Prior, bitcoin had been trading for this amount during the late evening of Tuesday, May 29, only to fall to $7,400 and then $7,300 the following day. While it’s not worth breaking out the champagne just yet, investors are breathing a sigh of relief now that the market is showing small signs of recovery. Bitcoin has been under serious pressure over the last few days, with new resistance developed at the $7,600 level. One source predicted that the currency could have easily reached a low of approximately $7,040 before any bullish signs showed their heads, but now it appears those signs are emerging sooner than anticipated. One reason for the alleged spike could be the upcoming Russia World […]
May 31, 2018
Following a pilot program in West Virginia, the Brookings Institution has released an article encouraging states to expand the use of blockchain technology in elections.
May 31, 2018
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. Following the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, on its lending platform and decentralized exchange. “USD-C is compliant and easy-to-cash-in alternative to Tether, and we expect a lot of requests from traditional and crypto business to add it as an option to our platform, I think that need was just in the air” Alex Rass, co-founder of MoneyToken MoneyToken is a worldwide blockchain-based financial services ecosystem, which provides […]
May 31, 2018
The Unbundled Startup was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 31, 2018
What the Heck Are Tokenised Securities? was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 31, 2018
Cryptocurrency mining can be a very lucrative business under the right circumstances. However, there are also a lot of concerns regarding this particular business model, as some governments don’t take kindly to the idea of mining Bitcoin or altcoins at this stage. In Austria, one major mining operation was shut down earlier this week. INVIA GmbH and Cryptocurrency Mining Over the past year and a half, there has been a sharp increase in the number of companies experimenting with cryptocurrency mining. Given the price surge of Bitcoin and most altcoins throughout the second half of 2017, that is anything but surprising. So many people want to be part of this particular ecosystem, and mining cryptocurrencies still sounds pretty exciting. Even so, there are certain conditions which have to be met prior to setting up a cryptocurrency mining operation. Individuals or companies […]
May 31, 2018
Utilizing Cryptography Libraries to Derive Ethereum Addresses from Private Keys was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 31, 2018
The 7 ICO Myths was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 31, 2018
Princeton students had a preference for a course on Bitcoin and cryptocurrency last year, according to Mary Meeker’s new Internet Trends report
May 31, 2018
Scalability remains one of the biggest problems in the world of cryptocurrency and blockchain technology. Overcoming it successfully will warrant a very unique approach. For Ethereum, a major development is on the horizon. The first alpha of the Trinity client for Ethereum heralds a new era for this ecosystem. Trinity can be a Game Changer A few months ago, the cryptocurrency and blockchain community was introduced to a concept known as Trinity. It is a project which provides additional scaling solutions to specific projects. At first, it was only supposed to support the NEO network, which was considered a rather interesting choice. Given the centralized nature of NEO, however, extra scaling is more than welcome for this project in its current form. A few weeks later, news broke that Trinity would support Ethereum and Zilliqa as well. Improving on-chain scaling for blockchains and […]
May 31, 2018
Last January news.Bitcoin.com reported on the Brisbane Airport in Australia preparing to accept cryptocurrencies. Now today all the merchants and airport terminals accept various digital assets such as bitcoin core, dash, ethereum, and steem making it one of the friendliest cryptocurrency airports in the world. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Merchants at Brisbane International Airport Now Accept Various Cryptocurrencies Individuals traveling to Brisbane or the South East Queensland area in Australia can now spend various cryptocurrencies at the Brisbane International Airport. The airport is the third busiest airstrip in the country and every merchant there now accepts digital currencies. The cryptocurrency acceptance is due to Brisbane Airport Corporations’ (BAC) partnership with the Australian payment provider Travelbybit. On May 29, the Youtube channel, Nugget’s News Australia, visited the Brisbane airport when the new system was implemented. The host […]
May 31, 2018
Earlier this week, German mainstream media outlet Der Tagesspiegel reported that local authorities had raided the apartment of a criminal group and confiscated more than $14 million in Bitcoin and other cryptocurrencies including Bitcoin Gold, Bitcoin Cash, and Ether. Waited Out Hard Forks German law enforcement arrested members of a criminal group and raided their residences around June 2017. Almost immediately after their arrest, the criminals agreed to forfeit their private keys and access to their cryptocurrency wallets, surrendering 1,312 Bitcoin and 220 Ether. The German government commenced a sale of the stolen cryptocurrencies in November and sold the criminal group’s holdings throughout November and December. Because 1,312 Bitcoins were confiscated before July and October, the government was able to benefit from the Bitcoin Cash hard fork in July and the Bitcoin Gold hard fork in October, obtaining 1,312 Bitcoin Gold and 1,312 Bitcoin Cash in […]
May 31, 2018
If you think a lot of talk about blockchains is garbage, it’s only fitting to let you know that some of it is. Yet another use for blockchain technology has been revealed, and that’s to help us clean up our act. Literally. The superstar technology that’s putting food on the tables of the poorest households is also ensuring efficient waste disposal. Or at least, it soon could be. Every year, humans produce more than 2 billion tons of waste, and most of it ends up sitting around in landfills, or infiltrating the earth and polluting the oceans. Waste disposal is a serious problem, and it’s also an underexploited opportunity. While most countries attempt to dispose of their waste by covering giant holes in the ground or burning off non-toxic materials, we’re damaging the environment and leaving money on the […]
May 31, 2018
The recent downward spiral of cryptocurrency prices has done little to bring down the excitement around the industry in Germany, with 29% of the population viewing investing in cryptos as an interesting investment opportunity. A report by Deutsche Postbank has revealed that interest in crypto investing is especially high among younger citizens, with one in two Germans between 18 and 34 expressing interest in investing in digital currencies. The study was conducted between late February and early March on the heels of sharp price declines, further proving that Germans remain unfazed by the unpredictable and volatile nature of the industry. Independence From Established Financial Systems Men and women answered differently when asked what aspect of cryptocurrencies interested them most. However, independence from established financial systems was found to be popular across the board. Women polled higher in that regard, with 60% citing it as […]
May 31, 2018
Blockchain-based Islamic banking pioneer Hada DBank is working to appeal to the 1.3 billion customers of Islamic banking around the world particularly common in the Middle East, East Asia and North African regions. The bank offers transparency, crowdfunding, interest-free solutions centered on investment and equitable distribution of resources among token holders in accordance with the principles of Islamic Banking. Disclosure: This is a Sponsored Article The Blockchain bank has successfully completed the first major milestone of landing a corporate client in the shape of Uberstate. As part of the deal Uberstate will become Hada DBank’s first corporate client and will purchase $1 million worth of HADA tokens. Both the startups will look to support each other to make a sustainable crypto-economy possible. UberState UberState is a revolutionary platform for real estate investment and development by providing an opportunity for fractional […]
May 31, 2018
US independent rating agency, Weiss Ratings, has published its complete list of 93 cryptocurrency ratings. The company has upgraded its BTC rating to B-. The list shows 14 coins with B ratings including ETH, IOTA, NEO, XRP, STEEM, TRX, and XLM. Fifty-four of the rated cryptocurrencies carry C ratings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Complete List of 93 Crypto Ratings On Tuesday, May 29, Weiss Ratings made public its complete list of 93 cryptocurrencies rated by the company. The American independent rating agency, founded in 1971, has been rating approximately 55,000 institutions and investments such as stocks, ETFs, mutual funds, insurance companies, banks, credit unions, and cryptocurrencies. Compiled on Friday, the list shows an overall rating of B- for BTC and C- for BCH. It can be obtained by signing up with an email address on […]
May 31, 2018
Since the inception of cryptocurrency, a core value among enthusiasts and evangelists in the space has been a necessity for merchant adoption. Now, nine years since the creation of Bitcoin, some merchant integration has been seen, but the technology as a whole has yet to provide a seamless method for widespread adoption among consumers and producers alike. However, the SONDER project could potentially be the key component, the link that unites blockchain with merchants throughout the world. Disclosure: This is a Sponsored Article Conceived in the Summer of 2017, SONDER represents an evolution in e-commerce initiatives in the blockchain sphere. Currently, a number of roadblocks: high fees, slow transactions, and a lack of transparency, has previously inhibited merchants from adopting blockchain market platforms. SONDER is a custom blockchain platform that addresses each of these issues through an ecosystem that is […]
May 31, 2018
Hong Kong official says central bank digital currency not needed right now due to the superiority of existing infrastructure
May 31, 2018
RChain — Multi-Threading Blockchain — Visa alike Scalability was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
May 31, 2018
As cryptocurrencies are becoming more mainstream, so are political donations in crypto
May 31, 2018
In today’s edition of Bitcoin in Brief we feature news from all over the world. These stories include a new multi-GPU mining motherboard from Taiwan’s Asu; a Singaporean businessman acquiring a Japanese exchange; some ripple-loving alleged Russian hackers shaking down Canadian banks; and a Colombian soccer star launching his own coin. Also Read: Austrian Financial Market Authority Stops ‘Active Managed Mining’ Operation H370 Mining Master Asus (TWSE: 2357), the Taiwanese computer hardware manufacturer, has announced a new motherboard that increases density with support for up to 20 graphics cards, designed specifically for crypto miners. The H370 Mining Master greatly replaces its predecessor’s x1 slots with banks of vertical PCIe-over-USB ports that let riser cables plug directly into the motherboard. The company explains that: “Mining is a numbers game; it’s only worthwhile if the value of the cryptocurrency you generate exceeds the […]