Bitcoin Cash Developers Debate an Idea Called Pre-Consensus

Bitcoin News

2018. Jul. 21. 14:00

Bitcoin Cash Developers Debate an Idea Called Pre-Consensus

This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper on the social media platform Yours.org about a protocol technique called ‘pre-consensus.’ According to Séchet, and other BCH developers like Bitcoin Unlimited’s Peter Rizun, pre-consensus could improve block propagation time, benefit zero-confirmation reliability and help delegate decisions tethered to consensus conditions. […]

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The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

Bitcoin News

2018. Jul. 21. 11:05

The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. Also read: Minsk […]

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China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

CoinDesk

2018. Jul. 21. 09:30

China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad Bitcoin is flowing out of China, into California mansions – and changing global real estate patterns.

Crypto Trading 101: Bull and Bear Flags (And What They Mean for Price)

CoinDesk

2018. Jul. 21. 08:30

Crypto Trading 101: Bull and Bear Flags (And What They Mean for Price) When it comes to making big money in trading, the trend is your friend. But spotting the trend early is challenging. That's where flags can help.

Big-Name Insurers Stepping Up Their Crypto Game

Bitcoin News

2018. Jul. 21. 06:05

Big-Name Insurers Stepping Up Their Crypto Game

A growing number of big-name insurers are getting into the crypto space. They are exploring new product options in this area and meeting with cryptocurrency custodians and trading platforms about coverage. However, exclusions can add up fast for crypto businesses and premiums can be more than five times that of a normal business. Also read: Yahoo! […]

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Ethereum, Coinbase, Robinhood Led by Under 40 Year Olds Killing It

Bitcoin News

2018. Jul. 21. 04:02

Ethereum, Coinbase, Robinhood Led by Under 40 Year Olds Killing It

Fortune magazine’s annual 40 Under 40 is out, recently published in print and online, highlighting leaders under forty years of age. This year, the cryptosphere is well represented by Ethereum’s Vitalik Buterin, Coinbase’s Brian Armstrong, and Robinhood’s Vlad Tenev. Wielding billions and billions in valuations, their average age is just a tender 30 years old. […]

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Crypto Exchange Coinbase Forms Political Action Committee

CoinDesk

2018. Jul. 21. 03:35

Crypto Exchange Coinbase Forms Political Action Committee Coinbase formed a Political Action Committee, though it is unclear which candidates it plans to support at this time.

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

Bitcoin News

2018. Jul. 21. 01:10

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses […]

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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

Bitcoin News

2018. Jul. 20. 23:10

Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. The body includes representatives of the National Bank, the Finance Ministry and other government agencies. Also read: Minsk Mulls Rules for […]

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Who's In Control of Tezos? That Answer Is About to Change

CoinDesk

2018. Jul. 20. 22:04

Who's In Control of Tezos? That Answer Is About to Change Get ready for a frenzy of community baking.

Malta Says Crypto Rules Aren't Yet In Force

CoinDesk

2018. Jul. 20. 21:00

Malta Says Crypto Rules Aren't Yet In Force The latest crypto laws passed on the island of Malta haven't quite taken effect just yet.

Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned

Bitcoin News

2018. Jul. 20. 20:32

Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned

According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. The proposal was introduced by the country’s Ministry of Industry and Trade (MoIT) after the SBV announced that cryptocurrency […]

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Huobi Launches Service to Build Crypto Exchanges in the Cloud

CoinDesk

2018. Jul. 20. 19:00

Huobi Launches Service to Build Crypto Exchanges in the Cloud Crypto exchange Huobi is now offering a business arm to help customers build their own digital asset exchanges.

CoinMarketCap Announces Changes to Counter Fake Volume Concerns

CoinDesk

2018. Jul. 20. 18:00

CoinMarketCap Announces Changes to Counter Fake Volume Concerns CoinMarketCap explained the difficulties in offering volume data on Thursday, but added it would incorporate new features to reduce this.

$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls

CoinDesk

2018. Jul. 20. 17:00

$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls A break could be imminent as bitcoin has been consolidating for three days. But while the charts say bullish, plenty of resistance awaits.

India's Supreme Court Pushes Crypto Banking Ban Hearing to September

CoinDesk

2018. Jul. 20. 16:30

India's Supreme Court Pushes Crypto Banking Ban Hearing to September A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September.

Samsung Stores in the Baltic States Now Accept Cryptocurrencies

Bitcoin News

2018. Jul. 20. 16:20

Samsung Stores in the Baltic States Now Accept Cryptocurrencies

On Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Through a partnership with the payment processing firm Coppay, customers shopping at the Samsung stores in Tallinn, Riga, Vilnius, and Kaunas will be able to pay with BTC, ETH, DASH, NEM, STEEM, XRP, and LTC. Also […]

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South Korea's Finance Watchdog Is Forming a Crypto Division

CoinDesk

2018. Jul. 20. 15:30

South Korea's Finance Watchdog Is Forming a Crypto Division South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.

TSMC Says Crypto Mining Demand Will Fall in Q3

CoinDesk

2018. Jul. 20. 14:38

TSMC Says Crypto Mining Demand Will Fall in Q3 Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool.

Indian Supreme Court Heard Crypto Petitions Today – RBI Ban Stays

Bitcoin News

2018. Jul. 20. 14:15

Indian Supreme Court Heard Crypto Petitions Today – RBI Ban Stays

India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme […]

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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays

Bitcoin News

2018. Jul. 20. 14:15

Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays

India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme […]

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Indian Supreme Court Heard Crypto Petitions Today But RBI Ban Stays

Bitcoin News

2018. Jul. 20. 14:10

Indian Supreme Court Heard Crypto Petitions Today But RBI Ban Stays

India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme […]

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BitFunder Operator 'Close to' Plea Bargain in SEC Fraud Case

CoinDesk

2018. Jul. 20. 13:30

BitFunder Operator 'Close to' Plea Bargain in SEC Fraud Case The operator of defunct bitcoin investment platform BitFunder is negotiating a plea deal over criminal charges laid against him by the SEC.

Bitcoin's Biggest Startups Are Backing a New Effort to Keep Fees Low

CoinDesk

2018. Jul. 20. 12:00

Bitcoin's Biggest Startups Are Backing a New Effort to Keep Fees Low A project called Bitcoin OpTech is launching to ensure companies like Coinbase and Square know the best technologies out there to reduce user fees.

The Daily: Minsk Mulls Rules for Exchanges, Qiwi Awards Employees with Tokens

Bitcoin News

2018. Jul. 20. 11:55

The Daily: Minsk Mulls Rules for Exchanges, Qiwi Awards Employees with Tokens

In today’s Bitcoin in Brief, Belarus, which legalized crypto activities this spring, is now turning its attention to adopting standards for companies operating crypto exchanges and issuing tokens. We’ve covered the decision of the Russian payment provider Qiwi to motivate its employees with tokens. The Daily also features crypto news from China and Canada. Also […]

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Police Force Confiscates 295 Bitcoins from Criminal in UK First

CoinDesk

2018. Jul. 20. 11:00

Police Force Confiscates 295 Bitcoins from Criminal in UK First A British county police force has become the first in the country to have successfully seized and sold bitcoins obtained in a criminal case.

Coinmarketcap Responds to Accusations of Aiding Wash Trading

Bitcoin News

2018. Jul. 20. 09:50

Coinmarketcap Responds to Accusations of Aiding Wash Trading

Coinmarketcap (CMC), the web’s most popular cryptocurrency tracker website, has responded to accusations that it is implicit in supporting wash trading. This week, a platform called Crypto Exchange Ranks published detailed allegations of how CMC incentivizes exchanges to report fake volume. In a new blog post, Coinmarketcap has detailed its determination to support “transparency and […]

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Financial Exchange Thinks Blockchain Can Keep Online Auctions Fair

CoinDesk

2018. Jul. 20. 09:30

Financial Exchange Thinks Blockchain Can Keep Online Auctions Fair A state-backed financial asset exchange in China has proposed a way of building a secure blockchain-based system for online bidding.

Financial Exchange Patent Explores Tamper-Proof Blockchain Bidding

CoinDesk

2018. Jul. 20. 09:30

Financial Exchange Patent Explores Tamper-Proof Blockchain Bidding A state-backed financial asset exchange in China is exploring how to build a secure blockchain-based system for online auctions.

PR: Cozystay Implements Blockchain Technology in the Vacation Rental Sharing Economy

Bitcoin News

2018. Jul. 20. 09:30

PR: Cozystay Implements Blockchain Technology in the Vacation Rental Sharing Economy

Vancouver, BC, Canada - Cozystay Holdings Inc. (Cozystay™) is excited to announce its partnership with Singapore-based Share Everything Lab Pte. Ltd. (SEL) to bring blockchain technology to the vacation-rental sharing economy. SEL is developing a protocol that will decentralize and revolutionize the sharing economy industry. Cozystay, a vacation rental platform that has been operating since 2015, will be the first adopter of SEL’s blockchain-based trust protocols, which will solve critical problems that have plagued the vacation-rental sharing economy so far. Cozystay now has 60,000 users, 200,000 listings worldwide and offices in Vancouver, Canada and Beijing, China. Cozystay has completed $4M USD in seed funding.

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The 'Dark DAO' Threat: Vote Vulnerability Could Undermine Crypto Elections

CoinDesk

2018. Jul. 20. 08:00

The 'Dark DAO' Threat: Vote Vulnerability Could Undermine Crypto Elections According to researchers at Cornell, blockchains utilizing on-chain voting – such as EOS and Tezos – are vulnerable to certain vote buying attacks.

Bitcoin Skeptic Peter Schiff to Joe Rogan: BTC Will Plummet, Voorhees Debate Rigged

Bitcoin News

2018. Jul. 20. 06:45

Bitcoin Skeptic Peter Schiff to Joe Rogan: BTC Will Plummet, Voorhees Debate Rigged

At the hour and twenty four minute mark, slightly more than half way in their time together, famed bitcoin (BTC) skeptic Peter Schiff brought the conversation back to his favorite foil: cryptocurrencies are bunk. It was Mr. Schiff’s third appearance on The Joe Rogan Experience podcast, and he took the opportunity to blast the world’s […]

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UK Begins Research on Law Reform for Use of Blockchain Smart Contracts

CoinDesk

2018. Jul. 20. 06:00

UK Begins Research on Law Reform for Use of Blockchain Smart Contracts The U.K. Law Commission has launched research looking at reforms that would clarify the use of blockchain-based smart contracts under British law.

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts

CoinDesk

2018. Jul. 20. 02:00

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts Nippon Telegraph and Telephone is looking to invent a new contract agreements system based on blockchain technology.

Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

CoinDesk

2018. Jul. 20. 00:00

Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

Barclays, 300 Year-Old UK Legacy Bank, Files Crypto Patents

Bitcoin News

2018. Jul. 19. 23:55

Barclays, 300 Year-Old UK Legacy Bank, Files Crypto Patents

The UK’s Barclays, arguably the most powerful international corporate bank in the world, filed two crypto-related patents this week. The 300 year-old legacy bank gobbled up exclusivity over cryptocurrency transfers and distributed ledger data storage. There appears to be a trend for companies, both in and out of the ecosystem, aiming to lock up the […]

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You Can't Ban Math: Crypto Unites to Call Out Congressman

CoinDesk

2018. Jul. 19. 21:30

You Can't Ban Math: Crypto Unites to Call Out Congressman In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.

You Can't Ban Math: Crypto Unites to Call Out Clueless Congressman

CoinDesk

2018. Jul. 19. 21:30

You Can't Ban Math: Crypto Unites to Call Out Clueless Congressman In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.

Congressman's Call for Crypto Ban Sparks Social Uproar

CoinDesk

2018. Jul. 19. 21:30

Congressman's Call for Crypto Ban Sparks Social Uproar In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.

BCH Roundup: Markets Spike While the Community Debates Token Protocols

Bitcoin News

2018. Jul. 19. 21:20

BCH Roundup: Markets Spike While the Community Debates Token Protocols

There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months. […]

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Barclays Seeks Twin Blockchain Patents for Banking Services

CoinDesk

2018. Jul. 19. 20:45

Barclays Seeks Twin Blockchain Patents for Banking Services Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

It Took Just A Day for Tron's Founder to Win His Own Blockchain's Election

CoinDesk

2018. Jul. 19. 19:37

It Took Just A Day for Tron's Founder to Win His Own Blockchain's Election After announcing his candidacy just one day ago, Tron founder Justin Sun has already been elected to run a node in the network.

Study Shows Many ICO Protocols Fail to Match White Paper Promises

Bitcoin News

2018. Jul. 19. 19:04

Study Shows Many ICO Protocols Fail to Match White Paper Promises

On July 19, a group of interdisciplinary researchers from the University of Pennsylvania, with guidance from the esteemed Penn Law professor David Hoffman, published an in-depth study of initial coin offerings (ICOs) that promise innovative concepts like autonomous governance and operate by the belief that ‘code is law’. However, most of the ICOs the group […]

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Malta Stock Exchange Inks Deals to Build Security Token Exchanges

CoinDesk

2018. Jul. 19. 18:00

Malta Stock Exchange Inks Deals to Build Security Token Exchanges A new arm of the Malta Stock Exchange is partnering with Neufund to launch a stock exchange for tokenized securities and crypto assets.

PR: SoPay – Blockchain Payment Platform Lists on Three Major Exchanges to Create Digital Assets “Alipay”

Bitcoin News

2018. Jul. 19. 17:30

PR: SoPay – Blockchain Payment Platform Lists on Three Major Exchanges to Create Digital Assets “Alipay”

SoPay has announced its arrival in three exchanges (CoinEx, Gate.io and BCEX) with an emphatic announcement of the trading contest that will feature 30 million SOP tokens.

SoPay is a new blockchain payment platform that brings a disruptive experience in the money market. Also, it has innovative operating models that it wants to leverage to make the digital asset trading environment more convenient.

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Ross Ulbricht Joins Twitter

Bitcoin News

2018. Jul. 19. 17:05

Ross Ulbricht Joins Twitter

Silk Road founder Ross Ulbricht, serving life in prison without parole, has joined Twitter. While denied direct internet access from behind bars, he is now able to communicate with the Twittersphere, in a fashion, with the aid of hand-written notes posted to a Twitter account in his name. It is hoped the account will keep […]

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Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch

CoinDesk

2018. Jul. 19. 17:00

Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch The team behind the Raiden, which creates payment channels to help ethereum scale, has launched the final testnet before the tech goes live.

Report: Blockchain Spending to Hit Nearly $12 Billion By 2022

CoinDesk

2018. Jul. 19. 16:10

Report: Blockchain Spending to Hit Nearly $12 Billion By 2022 Spending on blockchain solutions is forecasted to increase annually at a growth rate of close to 75 percent through 2022, according to a new report.

Japanese Minister Denies Ties to Unregistered Crypto Exchange Under Investigation

Bitcoin News

2018. Jul. 19. 16:05

Japanese Minister Denies Ties to Unregistered Crypto Exchange Under Investigation

Seiko Noda, Japan’s Minister for Internal Affairs & Communications, and Minister in charge of Women’s Empowerment, was questioned by the Japanese press on Thursday over her involvement with an unregistered cryptocurrency exchange, which was allegedly violating the Japanese fund settlement law. Also read: Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare […]

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Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency

CoinDesk

2018. Jul. 19. 15:05

Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency Steve Bannon, former chief strategist to President Donald Trump, confirmed Wednesday that he is working on a cryptocurrency of his own.

US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain

CoinDesk

2018. Jul. 19. 14:20

US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.

Malta Stock Exchange to Develop Two New Platforms for Security Tokens

Bitcoin News

2018. Jul. 19. 13:55

Malta Stock Exchange to Develop Two New Platforms for Security Tokens

The Malta Stock Exchange has separately announced today that MSX, the innovation, digital and fintech arm of the group, will be developing two new platforms for listing and trading security tokens. Neufund is developed in partnership with Binance, and OKMSX in collaboration with Okex. Also Read: No Insider Trading, Market Manipulation and Misleading Ads – […]

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Ethereum's Most Heated Tech Debate Is Proving It's Far From Over

CoinDesk

2018. Jul. 19. 13:00

Ethereum's Most Heated Tech Debate Is Proving It's Far From Over A resurgence of debate surrounding fund recovery on the ethereum network shows the topic is still as divisive as ever.

Vietnam Inches Closer to Suspending Imports of Cryptocurrency Miners

CoinDesk

2018. Jul. 19. 12:00

Vietnam Inches Closer to Suspending Imports of Cryptocurrency Miners The country's central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.

Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering

Bitcoin News

2018. Jul. 19. 11:05

Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering

The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies […]

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Bitcoin Price Prepares to Test $8K After Bull Breather

CoinDesk

2018. Jul. 19. 11:00

Bitcoin Price Prepares to Test $8K After Bull Breather Bitcoin's price pullback is seen yielding a more sustainable rally to $8,000, according to technical studies.

PR: trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk

Bitcoin News

2018. Jul. 19. 09:30

PR: trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk

Wednesday Lugano, Switzerland – trade.io, a leading cryptocurrency exchange and innovator of the industry’s leading liquidity pool, today announced that David Hannigan has joined the company as its Chief Dealer. David brings almost 30 years of trading and risk management experience, most notably his position as Senior VP at National Australia Bank, to his new role.

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All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting

CoinDesk

2018. Jul. 19. 09:30

All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports.

The Daily: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1

Bitcoin News

2018. Jul. 19. 09:05

The Daily: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1

In today’s edition of Bitcoin in Brief we cover an American anti cryptocurrency politician who is financially backed by a credit card firm, a positive change of leadership at Goldman Sachs, Grayscale's performance during first half of 2018 and much more.

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Stablecoins Will Do More Than Just Reduce Crypto Price Volatility

CoinDesk

2018. Jul. 19. 08:00

Stablecoins Will Do More Than Just Reduce Crypto Price Volatility Stablecoins will play an important role bridging traditional markets with the programmable financial tools enabled by crypto, argues Abra's CEO.

Government-Backed Blockchain Trade Platform Launches in Singapore

CoinDesk

2018. Jul. 19. 06:00

Government-Backed Blockchain Trade Platform Launches in Singapore A digital services firm owned by a Singapore government agency and a major port operator has launched a blockchain platform for cross-border trade.

No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash

Bitcoin News

2018. Jul. 19. 05:30

No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash

Two more types of BCH tokenization projects have been announced on July 18, giving the BCH community a wider variety of different ideas that can bring forth the concept of representative tokens into reality on the Bitcoin Cash network. Also read: Powerful Cryptocurrency Firms on the Road Towards Becoming Banks Bitcoin Cash Community Greeted by […]

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These Digital Monsters Live on Ethereum, But They'll Fight on Zilliqa

CoinDesk

2018. Jul. 19. 04:30

These Digital Monsters Live on Ethereum, But They'll Fight on Zilliqa A popular decentralized game couldn't take ethereum's slow, costly transactions. But it's not leaving the chain behind entirely.

$20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out

CoinDesk

2018. Jul. 19. 03:27

$20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out A week after going live, the crypto-powered prediction market platform Augur is proving that it really works in the wild.

Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims

Bitcoin News

2018. Jul. 19. 02:30

Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims

The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments. Zebpay, one of India’s largest crypto exchanges, has also been called in to help with […]

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Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000

CoinDesk

2018. Jul. 19. 02:00

Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000 Billionaire investor and fund manager Marc Lasry said the price of bitcoin has the potential to reach $40,000.

Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened

Bitcoin News

2018. Jul. 19. 01:12

Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened

Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. This strategy has proved fruitless, however, as developed western countries, and international organizations, have not been able to come up with a unified approach towards regulating the crypto […]

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Pop Icon Peter Gabriel Has Invested in a Blockchain Startup

CoinDesk

2018. Jul. 19. 00:00

Pop Icon Peter Gabriel Has Invested in a Blockchain Startup Legendary musician and former Genesis lead singer Peter Gabriel has invested in blockchain startup Provenance.

How Coinmarketcap Incentivizes Exchanges to Report Fake Volume

Bitcoin News

2018. Jul. 18. 23:30

How Coinmarketcap Incentivizes Exchanges to Report Fake Volume

Bitforex, a cryptocurrency exchange that scarcely scraped the top 100 by trading volume until recently, has been accused of generating false trades on a mammoth scale. Crypto Exchange Ranks, which pulls in open source data from exchange APIs, has published a report in which it accuses Bitforex of creating fake volume and Coinmarketcap (CMC) of […]

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Bitcoin Trading Volume Is Up 100% From Its Recent Low

CoinDesk

2018. Jul. 18. 22:05

Bitcoin Trading Volume Is Up 100% From Its Recent Low Bulls are back with a vengeance as shown by a 100 percent increase in trading volume from just four days ago.

US Congressman Calls for Ban on Crypto Buying and Mining

CoinDesk

2018. Jul. 18. 21:35

US Congressman Calls for Ban on Crypto Buying and Mining A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.

China Round-Up: Bitcoin ‘Unicorn’ Valuations, Number of DLT Companies Explodes

Bitcoin News

2018. Jul. 18. 21:30

China Round-Up: Bitcoin ‘Unicorn’ Valuations, Number of DLT Companies Explodes

In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018. […]

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China Round-Up: Bitmain, Canaan and Ebang Receive ‘Unicorn’ Valuations, Number of DLT Companies Explodes

Bitcoin News

2018. Jul. 18. 21:30

China Round-Up: Bitmain, Canaan and Ebang Receive ‘Unicorn’ Valuations, Number of DLT Companies Explodes

In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018. […]

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Mastercard Patents a Method to Manage Cryptocurrency “Fractional Reserves”

Bitcoin News

2018. Jul. 18. 19:30

Mastercard Patents a Method to Manage Cryptocurrency “Fractional Reserves”

Mastercard has patented a method to manage cryptocurrency “fractional reserves”. The big idea behind it seems to be that users will be able to pay with fiat on credit cards partly backed by crypto assets using a centralized system offering faster transaction conformation speeds. Also Read: IBM Backs the Development of Latest New Stablecoin, Stronghold […]

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Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

CoinDesk

2018. Jul. 18. 19:20

Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

Bitcoin News

2018. Jul. 18. 17:30

Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were suddenly commanding billion dollar valuations. Meanwhile, cryptocurrency exchanges, brokerage services, and over-the-counter market makers have started to look into purchasing shares of banks and even becoming the banks themselves. […]

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CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules

CoinDesk

2018. Jul. 18. 17:26

CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

Markets Update: Cryptocurrency Valuations Gain Billions in One Day

Bitcoin News

2018. Jul. 18. 16:40

Markets Update: Cryptocurrency Valuations Gain Billions in One Day

Two days ago, cryptocurrency bulls were attempting to break strong resistance and managed to push digital asset values to much higher price regions. The price of bitcoin core (BTC) was averaging $6,740 per BTC during the early morning trading sessions on July 17, then the digital currency spiked to $7,300 a few hours later. Then […]

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Mining Malware Now a Bigger Threat than Ransomware, Says Report

CoinDesk

2018. Jul. 18. 16:15

Mining Malware Now a Bigger Threat than Ransomware, Says Report Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm.

Ethereum Client Removes Graphical Interface in Major Upgrade

CoinDesk

2018. Jul. 18. 15:15

Ethereum Client Removes Graphical Interface in Major Upgrade Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).

Ethereum Client Parity Drops Wallet Tech in Major Upgrade

CoinDesk

2018. Jul. 18. 15:15

Ethereum Client Parity Drops Wallet Tech in Major Upgrade Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).

Baidu's Blockchain Photo App Launches With Its Own Token

CoinDesk

2018. Jul. 18. 14:00

Baidu's Blockchain Photo App Launches With Its Own Token Chinese internet search giant Baidu has created a proprietary token to power its new blockchain-based photo validating and sharing service. 

Robin Hood Movie and Robinhood App Hold $50k Crypto Scavenger Hunt at Comic-Con

Bitcoin News

2018. Jul. 18. 13:45

Robin Hood Movie and Robinhood App Hold $50k Crypto Scavenger Hunt at Comic-Con

Lionsgate studio and Robinhood app have teamed up to give away $50,000 in a crypto scavenger hunt at the San Diego Comic-Con this week. This is to promote the studio’s upcoming Robin Hood movie. Attendees will search for coins, redeemable for $50, $500, $1,000, and $5,000, which can then be invested in cryptocurrencies during the […]

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South Korea Plans Tax Perks for Blockchain Startups

CoinDesk

2018. Jul. 18. 13:00

South Korea Plans Tax Perks for Blockchain Startups South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.

Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked

CoinDesk

2018. Jul. 18. 12:00

Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.

The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules

Bitcoin News

2018. Jul. 18. 11:25

The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules

The United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has adopted new requirements for ICO projects to better protect participating investors, Malta now has a two-way bitcoin […]

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Bitcoin Price Risks Pullback Before Testing $8K Again

CoinDesk

2018. Jul. 18. 11:00

Bitcoin Price Risks Pullback Before Testing $8K Again Bitcoin could witness a minor technical correction before rising to the $8,000 mark.

Bitcoin Mining Firms Make Unicorn List for First Time

CoinDesk

2018. Jul. 18. 09:30

Bitcoin Mining Firms Make Unicorn List for First Time For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.

Bitcoin Mining Firms Make Chinese Unicorns List for First Time

CoinDesk

2018. Jul. 18. 09:30

Bitcoin Mining Firms Make Chinese Unicorns List for First Time For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.

IBM Backs the Development of Latest New Stablecoin, Stronghold USD

Bitcoin News

2018. Jul. 18. 09:21

IBM Backs the Development of Latest New Stablecoin, Stronghold USD

It seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed one-to-one by fiat US dollars held at the company’s partner bank, Prime Trust. Also Read: […]

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Fiat Currencies Are About to Become Essential to Public Blockchains

CoinDesk

2018. Jul. 18. 08:00

Fiat Currencies Are About to Become Essential to Public Blockchains If we want blockchains to deliver upon their promise, we must be able to transact using traditional fiat currencies, EY's blockchain lead writes.

Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers

Bitcoin News

2018. Jul. 18. 07:15

Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers

With the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves. And where there is a need, companies always pop up to tap the demand with various solutions. The latest example of this comes […]

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Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round

CoinDesk

2018. Jul. 18. 06:00

Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round Blockchain startup Nervos Network just raised $28 million from Sequoia China and Polychain, as well as several token funds and traditional VCs.

Democracy of Two: NEO and the Crypto 'Election' That Wasn't

CoinDesk

2018. Jul. 18. 04:00

Democracy of Two: NEO and the Crypto 'Election' That Wasn't Early results from elections on the neo blockchain suggest the world's 12th largest cryptocurrency may be struggling to deliver on promised claims.

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC

Bitcoin News

2018. Jul. 18. 03:53

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC

Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read: Post-Flood Reflections Reveal Insights Into […]

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3 Signs Bitcoin's Move Above $7K Might Just Hold

CoinDesk

2018. Jul. 18. 02:56

3 Signs Bitcoin's Move Above $7K Might Just Hold Bitcoin is on the rebound entering Wednesday, and three trading indicators suggest the charts are changing in the crypto asset's favor.

Kodak-Branded Bitcoin Mining Scheme Collapses

Bitcoin News

2018. Jul. 18. 00:51

Kodak-Branded Bitcoin Mining Scheme Collapses

The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms […]

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Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

Bitcoin News

2018. Jul. 17. 22:30

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for […]

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Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market

CoinDesk

2018. Jul. 17. 22:00

Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market Civic secures a high-quality URL from a longstanding internet company, raising the profile of the whole blockchain industry.

What to Expect When Congress Talks Crypto (Twice) Tomorrow

CoinDesk

2018. Jul. 17. 21:30

What to Expect When Congress Talks Crypto (Twice) Tomorrow Two Congressional committee hearings will examine whether crypto is the future of money, as well as what sort of regulation the space may need.