Monthly Archives: September 2018

China’s Oldest Science and Tech Publication Accepts BTC for Subscriptions

News On Sunday China’s oldest tech media publication, Beijing Sci-Tech Report (BSTR) also known as ‘Technology life,’ has announced the business is accepting bitcoin core (BTC) for the magazine’s 2019 subscriptions. Also read: Launching a Website on the Bitcoin Cash Network Is Now a Reality  The Publication Beijing Sci-Tech Report Now Accepts BTC for 2019 Subscriptions   The Beijing Sci-Tech Report (BSTR) is one of the oldest science and technology publications in China. The media organization prints editorials stemming from its ‘Technology Life‘ team of authors, and it […]

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A Review of the New Stellarx Decentralized Exchange

Exchanges This week, Stellar launched its long-awaited decentralized exchange. Stellarx offers trading of a range of assets including cryptocurrencies from multiple blockchains, using stellar lumens (XLM) as the base currency. The exchange differs significantly from existing decentralized offerings, which are limited to tokens pertaining to a single blockchain – usually Ethereum. With Stellarx, however, users can trade BCH, BTC, USD, ETH and much more, but there’s a catch: non-native assets are represented as ‘tethers’. Also read: Launching a Website on the Bitcoin Cash Network Is Now a Reality […]

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Launching a Website on the Bitcoin Cash Network Is Now a Reality

Technology & Security On September 29, Bitcoin Cash enthusiast Donald Mulders wrote an interesting post on the social media network Yours.org. The post detailed that he was attempting to host a website on the Bitcoin Cash (BCH) chain using the Bitdb 2.0 application. Following the write-up, and with a little help from the BCH developer Unwriter and a tool called Cryptograffitiweb, Mulders’ on-chain hosted website ‘Bitcoin Cash Hoarder’ can now be seen on any browser. Also read: Markets Update: Digital Asset Consolidation and Accumulation Continues Hosting a Simple […]

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The Daily: Blockchain.com Launches OTC Trading Desk, Shapeshift Relaunches Coincap

The Daily Wallet provider Blockchain.com has created an OTC trading desk as part of its efforts to cater to institutional investors. Also in The Daily this Sunday, Shapeshift launches the redesigned Coincap tracker, Kraken lists Cardano and Qtum, and Compound offers its users the option to short cryptocurrencies. Also read: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins Blockchain.com Launches OTC Trading Desk for Institutional Investors Blockchain.com, the popular cryptocurrency wallet provider, has launched an over the counter (OTC) trading desk as part of its plans to attract […]

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Disgruntled ICO Investors Threaten to Bring in the Crypto Lawyers

Crowdfunding The great ICO rush of 2017 and early 2018 is over. The euphoria, the unironic cries of “When Binance?”, and the 10x returns are now a thing of the past. Epic gains and moon missions have been replaced by acrimony, recriminations and, increasingly lawsuits, both real and threatened. Also read: BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring Crypto Lawyer Season Is in Full Swing Crypto lawyers have been the big winners from this year’s failed ICOs One of the big selling […]

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Proposed Crypto Mining Moratorium Rejected by County in Montana

Mining Montana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was first presented at a public hearing in June but was postponed for three months. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Proposed Crypto Moratorium Rejected Missoula County’s board of commissioners held a public hearing Thursday to decide whether to accept or reject the proposal for a one-year emergency moratorium on new or expanded cryptocurrency operations. Crypto mining could be limited in the […]

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BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring

News Two research firms released compelling data on the state of Bitcoin Core (BTC). Chainalysis revealed 36% of BTC in circulation is lost, likely lost, or unmined. The percentage of BTC held by speculators is 22%, while investors accounted for a steady 30%. The United States government, and especially its Internal Revenue Service (IRS), reportedly account for 20% of spending ($5.7 million out a collective total of $28.8 million) for monitoring on-chain transactions through firms like Chainalysis, according to researchers at Diar. Also read: US Regulator Moves […]

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New Pos by Pundix Allows Nigerians to Make Payments in Bitcoin

Emerging Markets Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches Iban For Spanish and French Users, Doubles Account Limits Payments Go Crypto With ‘a First for Africa’, in Nigeria, by Pundix A Nigerian importer and distributor of agriculture products has […]

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SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker

Regulation Three U.S. agencies have taken action against international bitcoin-funded securities dealer 1pool Ltd., aka 1Broker. The Securities and Exchange Commission (SEC) says 1Broker violated federal securities laws. The Commodity Futures Trading Commission (CFTC) says it violated the Commodity Exchange Act. Meanwhile, the company says it is working on letting customers withdraw their funds. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals SEC’s Action The SEC announced Thursday that it has filed charges against Marshall Islands-registered 1pool Ltd., aka 1Broker, and its Austria-based CEO, […]

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New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’

Altcoins Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital currency with the same value as the national fiat. Also read: European Regulator Renews Restrictions on Crypto-Based Derivatives   Pound-Pegged Stablecoin on the Horizon in the UK The last couple weeks saw […]

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