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Money Transmitter License Not Required for Crypto Businesses in Pennsylvania
On Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a money transmission license for cryptocurrency operations is not required. дальше »
2019-1-24 21:28 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Romanian Authorities Now Require Bitcoin Traders to Pay a Ten Percent Tax on Earnings
The Romanian tax authority has amended the country’s tax laws to make it mandatory for cryptocurrency traders to pay a ten percent income tax if they generate more than 600 Romanian ron annually from their trading operations, according to a local newspaper, Ziarul Financiar on January 22, 2019. Romanian Hodlers Now Required To Pay Ten Percent […] дальше »
2019-1-23 06:44 | |
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Best Bitcoin Gold Wallets – Top solutions for storing your BTG coins
Bitcoin Gold (BTG) is a hard fork on Bitcoin blockchain. The idea behind the fork was to change the proof-of-work algorithm from the SHA256 algorithm, originally selected by Satoshi Nakamoto, to Equihash. дальше »
2019-1-17 14:11 | |
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Bitcoin [BTC] Stuck Below $3,700 Again, A Little More Patience Required But Still Looking Positive
Monday saw Bitcoin climb from around $3,580 to soar above $3,700. Despite this impressive performance, the coin dropped this position the next day. Frustratingly, the crypto leader has been stuck in between the $3,640 and $3,680 position since. дальше »
2019-1-17 13:36 | |
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An introduction to Bitcoin and cryptocurrency mining pools
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. When Satoshi Nakamoto published the Bitcoin whitepaper, the concept of mining was pretty simple. дальше »
2019-1-16 14:02 | |
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European Banking Regulators Call for Unity in Crypto Regulations
Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent. дальше »
2019-1-16 01:54 | |
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Malaysia Starts Regulating Cryptocurrencies Today
Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. дальше »
2019-1-15 08:08 | |
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Thai SEC grants four and denies two cryptocurrency licenses
The Thai securities and exchange commission (SEC) has granted operating licenses to four applications from businesses wanting to operate digital asset and cryptocurrency-based businesses. The four applicants granted a licence are: Bitcoin Exchange Co. дальше »
2019-1-9 16:51 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
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. дальше »
2019-1-3 07:14 | |
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Hackers Threaten to release Classified documents on 9/11 attacks If Not Paid Demanded Ransom in Bitcoin
An adversarial threat group known as The Dark Overlord has threatened to release sensitive documents that reveal the truth about the 9/11 incident unless those who are potentially affected pay them an unspecified ransom in Bitcoin. дальше »
2019-1-2 15:56 | |
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Hardware Hacking: How To Secure Your Trezor Wallet With Passphrase
A group called wallet. fail gave a presentation on how to hack cryptocurrency hardware wallets at the 35th Chaos Communication Congress. While all attack vectors required physical access, worryingly, the group demonstrated scraping the seed and PIN from Trezor RAM. дальше »
2018-12-29 02:00 | |
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BitDials Review – The World’s First Bitcoin Boutique For Luxury Watches and Jewelry
One of the first steps required for cryptocurrencies to gain mainstream adoption is for merchants to begin offering their clients the freedom to use these alternative payment methods. BitDials is the world’s first crypto-only luxury boutique where customers can purchase premium designer watches and jewelry with their favorite cryptocurrencies. дальше »
2018-12-21 17:14 | |
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Bloomberg Vouches for Tether’s Dollar-Backing
Bloomberg has claimed to have witnessed bank statements evidencing that Tether does indeed possess the dollars required to back the USDT tokens that are in circulation. Despite the bold claim, nearly all documentation cited in the report is dated from the year 2017. дальше »
2018-12-21 01:00 | |
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Syncing Data Between Bitcoin Nodes Is About to Get Easier
Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node. дальше »
2018-12-18 18:48 | |
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Bloomberg, Coinsource Report Indicates Bitcoin ATMs Are Money Laundering Vehicles
Bloomberg recently released a comprehensive report about how bitcoin ATMs are being used for the purpose of money laundering activities. In this report, it highlights just how easy it is to buy bitcoin without even presenting the required means of identification as mandated by the law. In fact, the report indicted many of these bitcoin […] дальше »
2018-12-17 11:28 | |
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The World’s First ERC-20 and Bitcoin Atomic Swap Has Taken Place
At the December 7, 2018, TenX Summit, a group of developers showcased an industry first: an atomic swap between a non-native asset, TenX’s PAY token, and a native asset, bitcoin. дальше »
2018-12-13 21:50 | |
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The Lightning Network's First ERC-20 to Bitcoin Atomic Swap Has Taken Place
At the December 7, 2018, TenX Summit, a group of developers showcased an industry first: an atomic swap on the Lightning Network between a non-native asset, TenX’s PAY token, and a native asset, bitcoin. дальше »
2018-12-13 21:50 | |
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Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering
The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central bank, under draft legislation designed to prevent crypto assets such as BTC from being used […] The post Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering appeared first on Bitcoin News. дальше »
2018-12-12 18:15 | |
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What is Scrypt?
Scrypt is a hash function that was first used by the cryptocurrency, Litecoin (LTC), as an alternative to the more well-known SHA-256 hash function. Scrypt and SHA-256 are used as mining algorithms within the Litecoin and Bitcoin (BTC) protocols respectively. дальше »
2018-12-8 09:00 | |
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WTO Report: Blockchain Technology Could Add $3 Trillion to International Trade by 2030
A report published by the World Trade Organization (WTO), on November 27, 2018, claims that blockchain technology could potentially add $3 trillion to international trade and finance by 2030. However, it also mentioned that blockchain should not be considered a panacea, and a careful cost versus benefit estimate is required during its application. дальше »
2018-11-29 18:00 | |
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Huobi Is Rolling Out Futures Trading on a New Platform
At this year’s CryptoFrontiers Conference in New York City, digital currency exchange Huobi announced that it will begin offering derivatives contract trading. The service will be available via Huobi’s Derivative Market (Huobi DM) to customers of select countries and will allow them to open both short and long positions for a handful of coins. дальше »
2018-11-29 01:33 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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Gibraltar's Regulator Grants Full License to the Gibraltar Blockchain Exchange
The Gibraltar Blockchain Exchange (GBX) has been granted a license from the Gibraltar Financial Services Commission (GFSC) required to operate a regulated blockchain exchange. дальше »
2018-11-23 23:44 | |
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Bakkt Delays Platform Launch; Announces January as Tentative Roll Out Date
Bakkt, an upcoming crypto retail payment system and futures platform, is delaying its launch to better ensure the platform’s success at release. On November 20, 2018, the CEO of Bakkt released an update on Medium, outlining the future business plans for the company, describing some of the progress in implementing new features and declaring that the company’s initial launch is being postponed until January 24, 2019. дальше »
2018-11-21 02:24 | |
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Columbia University and IBM Announce Two Accelerator Programs To Assist Blockchain Innovation
Columbia University and IBM recently launched two accelerator programs designed to help build and grow blockchain startups. According to IBM’s press release published on November 19, 2018, the accelerator programs will provide blockchain founders the ability to access critical resources and expertise required to develop their blockchain network. дальше »
2018-11-20 14:00 | |
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ICO Issuers Settle Registration Charges With SEC
The U. S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation. дальше »
2018-11-17 00:07 | |
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Japan wants to regulate cryptocurrency wallet services
Despite granting the industry self-regulatory status, it seems Japanese regulators are still keen to keep an eye on things. The Japanese Financial Services Agency (FSA) recently announced that it is devising a regulatory framework for cryptocurrency wallet services, Bitcoin News reports. дальше »
2018-11-16 12:50 | |
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Marshall Islands’ President and Plans for National Cryptocurrency Narrowly Survive Vote-of-no-Confidence
The plans to develop a national cryptocurrency are still intact after Hilda Heine, the president of the Republic of Marshall Island survived a crucial vote-of-no-confidence on Nov. 12th. The vote was split at 16-16, one vote short of the minimum number required to force Heine to resign as the head of state. дальше »
2018-11-15 16:29 | |
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New York Department of Financial Services Issues 14th BitLicense
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. дальше »
2018-11-15 01:22 | |
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Thailand Uses Blockchain-Supported Electronic Voting System in Primaries
Thailand's Democrat Party has become the first political party to use blockchain technology to elect its leaders in a primary election, which was held from November 1–9, 2018. дальше »
2018-11-14 01:06 | |
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Bitcoin Price Analysis: BTC/USD Trends of November 12–November 18, 2018
CoinSpeaker Bitcoin Price Analysis: BTC/USD Trends of November 12–November 18, 2018 The bulls will be required to gain enough momentum in order to break out from the upper trend line of the symmetrical triangle before noticeable volatility in the Bitcoin market. дальше »
2018-11-12 15:36 | |
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Amazon and ConsenSys-Built Kaleido Launches Full-Stack Marketplace
Blockchain software-as-a-service (SAS) project Kaleido has launched a marketplace to provide its users with a “full-stack enterprise platform. ”Their “Blockchain Business Cloud” now features a “new marketplace [of] trusted tools and services from Kaleido, AWS, and members of the new partnership program, all offered as plug-and-play. дальше »
2018-11-10 22:06 | |
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Abu Dhabi Securities Exchange Plans Infrastructure Required For Crypto Assets
The Abu Dhabi Securities Exchange (ADX) recently issued a thought paper detailing the infrastructure required for crypto assets, distributed ledger environments, and financial markets. According to a post published by the ADX on November 6, 2018, the paper serves as a reliable reference to help financial institutions transition from conventional assets to crypto assets. дальше »
2018-11-8 16:00 | |
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Maritus Regulators to Equip Crypto Businesses with Custodial Licenses
Due to the inadequacies of the previously laid down guidelines for its blockchain and cryptocurrency industry, the Financial Services Commission (FSC), Mauritius’ financial watchdog, has drafted new regulations to cover its DLT ecosystem and crypto-based businesses are now required to obtain a custodial license for cryptoassets, reported Finance Magnates on November 6, 2018. дальше »
2018-11-8 06:00 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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CryptoPoints: Easy Way To Buy Bitcoin, Ethereum, LTC And BCH
What Is CryptoPoints? Crypto Points is a simple way to purchase Bitcoin, Ethereum, Bitcoin Cash or Litecoin at the best prices in the market. Initially, to purchase cryptocurrencies, users were required to undergo the long registration processes and complex verification procedures on exchanges and it took too long to receive the cryptocurrency. However, on Crypto Points […] дальше »
2018-11-6 14:39 | |
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The Intersection of Crypto and Political Funding
A new report has revealed the perception the American public has towards digital currencies, especially in the context of politics and political party funding. The report was prepared by Clovr and is called “Crypto and Politics: Voters Perceptions of Cryptocurrency and Politics. дальше »
2018-11-6 10:00 | |
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Tokyo travelers can now rent a limousine with Bitcoin
Tokyo has taken another step towards cryptocurrency “mass adoption,” and will be giving high-rollers another place to spend their hodlings. The Hinomaru Limousine company claims it will be giving passengers the opportunity to pay for their travel – between the Japanese capital and the city’s two major airports – in digital currencies, Bloomberg reports. дальше »
2018-11-5 14:20 | |
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Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage
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. дальше »
2018-11-2 21:42 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. дальше »
2018-10-31 17:17 | |
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Nasscom Urges Indian Startups to Shy away from Cryptocurrency
Debjani Ghosh, the president of the National Association of Software and Services Companies (NASSCOM), a nonprofit body focused on handling India’s information technology sector, has said that bitcoin and other digital assets are illegal in India. дальше »
2018-10-27 05:00 | |
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Korean Crypto Exchange Earns Key Government Cybersecurity Certification
South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems. дальше »
2018-10-30 23:51 | |
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Institutional Investors Opt for Bitcoin’s OTC Market Instead of Standard Exchanges
Bitcoin’s over-the-counter (OTC) market, is growing in popularity with institutional investors as they look for ways to trade large amounts of Bitcoin. According to a Forbes article published on October 23, 2018, institutional investors can only undergo OTC trades since standard cryptocurrency exchanges lack the required infrastructure and liquidity necessary to execute their large orders. дальше »
2018-10-25 20:29 | |
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