2019-9-2 14:05 |
Bitcoin price increases overnight as Argentina imposes capital controls, allowing only $10,000 to be bought per month
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When a government decides to restrict what people can do with their own money, there is usually some backlash. Argentina is doing exactly that to prevent capital flight as the local currency crashes.
2019-9-2 13:00 | |
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The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone.
2019-9-2 00:07 | |
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Cryptocurrency derivatives giant BitMEX now controls 0. 15% of all the bitcoins in circulation, new data from the company reveals. BitMEX Expands Fund By 50% Since January Compiled by industry media outlet The Block, a chart of BitMEX’s Insurance Fund shows its stock has reached 31,300 BTC as of August 25.
2019-8-26 15:00 | |
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According to Jeremy Allaire, the price increases in Bitcoin since the beginning of the year were driven by more than just Chinese investors seeking to avoid capital controls. The Circle CEO claims that a belief in this narrative from investors outside of China is likely to behind the rise too.
2019-8-20 01:00 | |
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According to Jeremy Allaire, the price increases in Bitcoin since the beginning of the year were driven by more than just Chinese investors seeking to avoid capital controls. The Circle CEO claims that a belief in this narrative from investors outside of China is likely to behind the rise too.
2019-8-20 01:00 | |
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Most of the assets enjoyed a lucrative period from April to June but the controversial Bitcoin SV faced a few “hiccups” along the way. Bitcoin SV went through a tumultuous journey this year, with the coin being delisted by major exchanges like Binance and Kraken, which led to its drop in rankings as well.
2019-8-19 15:59 | |
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Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack.
2019-8-19 11:02 | |
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Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack.
2019-8-20 11:02 | |
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The grey market flow of cheap Chinese goods into the Russian market has established a real-world use case for Tether. Millions of dollars worth of USDT are being used every day to sidestep strict capital controls for remittances back to China.
2019-7-30 16:00 | |
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The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the crypto industry.
2019-7-30 13:00 | |
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Anyone involved or invested in the crypto industry or market has a desire to see Bitcoin succeed. Even those who prefer one of the thousands of altcoins over Bitcoin, do tend to understand that bitcoin adoption means overall crypto adoption, and the sentiment around the first-ever cryptocurrency typically controls the entire ebb and flow of.
2019-7-26 04:01 | |
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Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies, Bloomberg reports. The majority of funds lost (approximately $23 million) belonged to customers, while the rest were owned by the exchange.
2019-7-12 14:30 | |
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China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance towards Bitcoin, and cryptocurrency in general, has been hostile—and understandably so.
2019-7-9 03:12 | |
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Max Keiser has delivered a swift putdown of a US regulator head after he warned national TV cryptocurrencies such as Bitcoin are prone to manipulation. SEC Rejects Treating BTC Like Stocks Speaking to CNBC, Jay Clayton, chairman of the Securities and Exchange Commission (SEC), said that fiat markets had controls over malpractice which decentralized alternatives lack.
2019-6-7 11:00 | |
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A former Chinese central bank advisor was denied transferring $20,000 abroad to pay for a vacation. Could increasing capital controls in China be driving Bitcoin price? Chinese Capital Outflow Controls Are ‘Extreme’ Yu Yongding is a former advisor to the People’s Bank of China.
2019-5-31 14:00 | |
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By CCN: If you thought bitcoin’s recovery to $8,000 was impressive, take a look at these charts below. While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local currencies.
2019-5-20 16:13 | |
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Security tokens are coming to Bitcoin, courtesy of Blockstream. The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its Liquid sidechain, is ready to go live.
2019-5-16 19:14 | |
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China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar According to the latest report by South China Morning Post, Chinese banks have increased their scrutiny of foreign currency withdrawals.
2019-5-8 20:34 | |
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Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
2019-5-3 17:40 | |
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By CCN. com: According to blockchain data and CCN/Hacked reporter Greg Thomson, an anonymous miner who embeds the words “Satoshi Nakamoto” into all of the blocks they mine currently controls more than 40% of Bitcoin Cash’s hashrate.
2019-4-30 20:34 | |
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Over the past week, a mysterious miner calling himself ‘Satoshi Nakamoto’ has been mining on a great scale. His target is Bitcoin Cash. The name of the Bitcoin founder seems to be loved by bad.
2019-4-30 10:28 | |
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The introduction of digital currencies such as Bitcoin created a rush of people to proclaim that a revolution was in the offing. That we, the people, would be set free from the shackles of central bankers and retail banks, and be in complete control of our money.
2019-4-29 23:32 | |
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Bitcoin (BTC) stable above $5,200 Resolving NY OAG and iFinex differences would be bullish for BTC The company behind iFinex should quickly resolve their dispute with the New York Office of the AG before fines negatively affect BitFinex and Tether.
2019-4-27 18:00 | |
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The integrity of Bitcoin Satoshi Vision (BitcoinSV) remains in question, as one group of cryptocurrency miners approaches control of the network‘s hash rate. Calvin Ayre’s CoinGeek has become BitcoinSV’s primary mining pool.
2019-4-26 17:56 | |
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Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with.
2019-4-19 18:33 | |
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Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).
2019-4-12 22:03 | |
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By all standards, Ethereum is an improvement of Bitcoin. It remains an open source ledger infused with decentralized controls supporting general computing as well as digital economic activities. underpinning Ethereum capabilities is the ability to.
2019-3-7 12:04 | |
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The idea behind Bitcoin was to have a cryptocurrency that government or any authorities can’t interfere with, but the government controls the internet. Thinking about the possibility of sending Bitcoin while offline, according to a Medium post published February 14, 2019, a crypto enthusiast successfully sent Bitcoin via high-frequency shortwave radio, opening a new worldRead MoreRead More.
2019-2-17 02:00 | |
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Cryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space. Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.
2019-2-15 18:11 | |
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Venezuela continues to reach new heights in terms of weekly Bitcoin trading volume. Meanwhile, the country’s government has issued new regulations that impose fees on Bitcoin remittance. 2,545 BTC: New Weekly Bitcoin Trading Record According to data from Coin Dance, Venezuelans traded 2,454 BTC via Localbitcoins (the P2P trading platform) for the week ending February 9, 2018.
2019-2-12 08:00 | |
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The coming weekend will prove crucial for a fair few cryptocurrencies. All eyes will be on Bitcoin first and foremost, as that market controls everything else. Further down the rankings, Electroneum is also on a good run right now.
2019-2-2 23:57 | |
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Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth going back to basics, to better understand […] The post Back to Basics: What Is Money? appeared first on Bitcoin News.
2019-1-29 23:00 | |
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One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them.
2019-1-26 23:50 | |
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Nicehash owns about 70% of DASH mining network according to a Reddit user (Jan 10), and the news is already causing a wave of concerns within the community Investigation It looks like someone currently controls over 51% of DASHs hashrate over Nicehash mining pools; a recent Reddit post accusing Nicehash of being a threat to Proof of Work (PoW) cryptocurrencies.
2019-1-11 15:22 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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Bitcoin is the world’s first decentralized cryptocurrency which initially reared its shiny head into digital markets now way back in 2009. While regular currencies have a centralized authority which controls and prints them, Bitcoin was imagined as a community controlled currency that won’t have a single entity looming over it.
2019-1-2 18:22 | |
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On Saturday, December 15, Jameson Lopp posted a lengthy post on Medium, which argued that no one controls Bitcoin. The direction Lopp took in explaining what many consider “the presence of control” was by explaining the overall operations of Bitcoin Core along with the Bitcoin Protocol. Bitcoin Core As A Focal Point Lopp first started […]
2018-12-17 07:49 | |
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No one controls the focal point for Bitcoin development, said Jameson Lopp in his latest blogpost. The Bitcoin veteran, who has been a crucial part of crypto developments since the beginning, opened recently about how developers run the world’s biggest decentralized financial network without fragiling it.
2018-12-16 13:57 | |
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The changing fortunes of cryptocurrencies has been the subject of much talk. The discussion invariably veers towards Bitcoin [BTC]. Although there is no doubt that the fortunes of the entire blockchain is commanded by the direction BTC takes in the market; after all, it controls over 55 percent share in terms of total capitalization. However, […]
2018-12-16 01:47 | |
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Bitcoin Press Release: The Membrana Blockchain Platform is intended to bring investors and traders together for concluding mutually beneficial blockchain-protected contracts for the trust management of cryptocurrency assets December 11th, 2018, Saint Petersburg – Membrana provides investors and traders with a transparent, decentralized and secure system, which controls the process of concluding and executing a […] The post Membrana.
2018-12-11 13:11 | |
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In life, they say that you can only rely on death and taxes. While this may be true, I’d like to propose a third: that China will always be the Bitcoin mining capital of the world. In fact, it controls up to 80% of the world’s total hash rate, is responsible for manufacturing the vast majority […] The post Bitcoin Mining in China appeared first on ZyCrypto.
2018-12-9 22:34 | |
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Matthias Steinig, a German programmer, has developed a new mechanism that allows e-bikes to be rented in exchange for payments on the bitcoin Lightning Network. A prototype built using a modified bicycle is already fully functional and has been demonstrated in a video posted on Twitter.
2018-12-8 00:00 | |
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Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows. Grayscale Has 1% of Bitcoin Circulating Supply While 2018 continues to be a challenging year for cryptocurrencies, some big-money players are taking advantage of lower prices to increase their virtual currency holdings.
2018-12-5 19:00 | |
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The Gibraltar Blockchain Exchange (GBX) has been granted a license from the Gibraltar Financial Services Commission (GFSC) required to operate a regulated blockchain exchange.
2018-11-23 23:44 | |
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Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
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Today, November 14, 2018, the New York State Department of Financial Services (DFS) announced that it has approved the application of NYDIG Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license.
2018-11-15 01:22 | |
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Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service.
2018-11-2 21:42 | |
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Deciphering the patterns behind the movement of cryptocurrency can be as brain-raking as advanced calculus for both new and existing cryptocurrency investors. Demand and supply may be seen as the major factor that generally controls the world of economics and finance, but the fact that cryptocurrency is still in its early stage of development, despite […] The post Can Ethereum Ever Wield Enough Momentum to Surpass Bitcoin? appeared first on ZyCrypto.
2018-10-25 17:22 | |
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Will the future see crypto-wars between US-backed Ripple and China-dominated Bitcoin? This is not a rhetoric question or pulp fiction. For there is a growing concern in the United States that China has a stranglehold on the world’s biggest crypto – Bitcoin.
2018-10-16 18:27 | |
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