The largest crypto and blockchain conference in the U.S., Crypto Invest Summit, has announced a partnership with the Litecoin Foundation. Charlie Lee, creator of Litecoin, will lead the section of the Builders' track that is dedicated to Bitcoin, Litecoin, and the Lightning Network. Other sessions include the Women in Crypto Track, Security Token & Digital Asset Track, … [Read more...] about Litecoin Foundation and Crypto Invest Summit Partner to Educate Cryptocurrency and Blockchain Investors, Builders and Developers
Bitcoin Miners Have Taken a Hit, but There’s Still Some Positive News to Be Found
It’s fair to say that the past few months have been pretty hard on bitcoin miners, with the leading cryptocurrency seeing its market cap fall below the USD 100 million threshold for the first time in over a year. Times are tough for miners, with the recent drop below USD 4,000 rendering many operations unprofitable, which has seen around 100,000 individual miners close up shop … [Read more...] about Bitcoin Miners Have Taken a Hit, but There’s Still Some Positive News to Be Found
OKEx Launches Perpetual Swap, Perfecting Its Derivatives Product Suites
SEOUL, South Korea, Dec. 3, 2018 /PRNewswire/ -- OKEx, a Malta-based world-leading digital asset exchange, today announced to launch a brand-new derivative product, Perpetual Swap, taking a big step forward to completing its crypto-based financial product suites. With the new addition, users of OKEx can now perform perpetual swap, futures contract, and spot trading with margin … [Read more...] about OKEx Launches Perpetual Swap, Perfecting Its Derivatives Product Suites
Bulgarian Prosecutors Present Case for Crypto Regulation
Law enforcement in Bulgaria has scored another win in the case for mainstreaming cryptocurrency. On the heels of government action across the globe, a team of three in Bulgaria has been arrested for schemes resulting in the illegal attainment of over $3 million worth of cryptocurrencies. Prosecutors have been tracking the team since June, according to a NextWeb article. Police … [Read more...] about Bulgarian Prosecutors Present Case for Crypto Regulation
Manila Residents Paid ETH for Cleaning Polluted Beaches Using Bounties Network
Residents of Manila, the capital city of the Philippines, will be paid in ETH for cleaning up a heavily polluted beach in the area. The payment is enabled through a decentralized application (dApp) known as Bounties Network on the Ethereum Blockchain, which also serves as a freelance platform for the completion of various tasks. Bounties Network and ConsenSys Impact Bounties … [Read more...] about Manila Residents Paid ETH for Cleaning Polluted Beaches Using Bounties Network
Bitcoin Wallet Addresses Sanctioned by US Treasury for First Time
The US Treasury's Office of Foreign Assets Control (OFAC) has officially sanctioned two bitcoin wallet addresses for the first time, warning that repercussions could ensue for those associated with the accounts. The addresses have been published online as have the names of the Iranian individuals, Ali Khorashadizadeh and Mohammad Ghorbaniyan. With current prices, the two … [Read more...] about Bitcoin Wallet Addresses Sanctioned by US Treasury for First Time
BitPay Payment Processor Partners With Established Canadian Jewelry Retailer
Bitcoin is soon to be accepted by Birks Group, a leading jewelry retailer in Canada established in 1879. The move also marks the first point of sale in Canada for BitPay, the largest bitcoin payment processor that is fast becoming the default choice for state departments and corporations. However, the company has narrowly avoided a hack that could have been devastating to its … [Read more...] about BitPay Payment Processor Partners With Established Canadian Jewelry Retailer
California Judge Refutes SEC Attempts to Claim Blockvest Token as Security
In an important ruling, a South California district court has ruled that the SEC has no power to classify the Blockvest ICO token (BLV) as a security. Judge Gonzalo Curiel ruled that the SEC case did not satisfy the Howey Test, which is the legally established methodology to determine whether or not an asset constitutes a security. According to the judge, the SEC was also … [Read more...] about California Judge Refutes SEC Attempts to Claim Blockvest Token as Security
BitPay Narrowly Avoids Mass Javascript Related Theft of User Funds
BitPay, one of the worlds most popular bitcoin payment processors, has issued a warning to users with regard to a Javascript related security vulnerability. The Node.js library potentially steals users private keys on certain versions of the Copay and BitPay applications. BitPay has advised customers using certain versions of Copay to move funds to different wallets as soon as … [Read more...] about BitPay Narrowly Avoids Mass Javascript Related Theft of User Funds
SEC Chairman Jay Clayton – No Bitcoin ETFs, Assume Your ICO is a Security
SEC chairman Jay Clayton has delivered some negative news for the crypto market during the Consensus Invest summit in New York. While many hopes are (mistakenly) pinned on the approval of the eagerly anticipated bitcoin ETF, Clayton has affirmed that approval is not coming any time soon, unless measures were put in place to limit exchange manipulation -“The prices retail … [Read more...] about SEC Chairman Jay Clayton – No Bitcoin ETFs, Assume Your ICO is a Security
Messari Registry Opens to Distribute Standardized Industry Information
According to a November 27th press release, Messari has opened a disclosures registry in conjunction with 12 initial partners. The purpose of the registry is to become a single source of truth in the crypto industry, which lacks any credible source for blockchain data. Messari promoting transparent data Messari has control of this project and 12 initial partners will be … [Read more...] about Messari Registry Opens to Distribute Standardized Industry Information
Anthony Pompliano of Morgan Creek – Firm Will Happily Acquire Steeply Discounted Bitcoin
Speaking with CNBC, Morgan Creek founder Anthony Pompliano shared huge optimism with regard to the BTC market. With the widespread market collapse, BTC is down about 80% from all-time highs reached in December 2017. Confidence in the market is currently very low and people who bought early last year are reported to be selling their BTC. According to Pompliano, this is a poor … [Read more...] about Anthony Pompliano of Morgan Creek – Firm Will Happily Acquire Steeply Discounted Bitcoin
Bitcoin SV Overtakes Tether to Claim 7th Spot in Crypto Market Cap
Bitcoin SV has been listed on coinmarketcap.com and has taken seventh place, currently valued at USD 111. Bitcoin SV is a fork of the BCH blockchain, which is itself a fork of the bitcoin blockchain. Bitcoin SV is backed by Craig Wright of nChain as well as Calvin Ayre of Coingeek. The mysterious rise of bitcoin SV In less than two hours of the listing, bitcoin SV rose … [Read more...] about Bitcoin SV Overtakes Tether to Claim 7th Spot in Crypto Market Cap
Edward Snowden Bearish on Bitcoin, Bullish on Cryptocurrencies
US whistleblower Edward Snowden has shared his thoughts on cryptocurrencies in an interview with the American Civil Liberties Union (ACLU). Unlike bitcoin maximalists and hyperbitcoinization proponents, Snowden believes that bitcoin is not going to become the one world currency, but that the current interest in BTC will transfer over to other cryptocurrencies. Edward Snowden - … [Read more...] about Edward Snowden Bearish on Bitcoin, Bullish on Cryptocurrencies
Singapore Investment Arm Focusing on AI and DLT
According to an internal memo obtained by Bloomberg, Temasek Holdings Pte is creating new groups for the purposes of investigating the benefits of artificial intelligence (AI) and distributed ledger technology (DLT). Temasek Holdings Pte is the primary Singapore investment vehicle and is currently creating what is known as “experimental pods” to observe the disruption potential … [Read more...] about Singapore Investment Arm Focusing on AI and DLT
Ohio First US State to Accept BTC Payments for Taxes
Beginning on the 26th of November, Ohio will become the first US State to accept BTC payments for taxes, using the Bitpay payment processor. BTC payments will be acceptable for more than 25 kinds of business taxes. It will also mean that the US will become one of the first governments in the world to accept BTC payments, despite the nation being behind in many other aspects of … [Read more...] about Ohio First US State to Accept BTC Payments for Taxes
Overstock.com to Focus Entirely on DLT, Shares Surge 26%
Overstock.com, a 19-year-old internet company, is selling its retail arm and focusing entirely on DLT. No potential buyers have yet been announced, and the retail arm is to be sold in February 2019. The company was the first major online store to accept BTC for goods in 2014. Overstock.com share price surges 26% The share price of Overstock.com rose 26% when the news reached … [Read more...] about Overstock.com to Focus Entirely on DLT, Shares Surge 26%
North Europe’s Largest Conference Moontec Set to Welcome Top Enterprise Blockchain Projects
The Moontec conference is set to welcome speakers from companies including Maersk, IBM, and Revolut to Tallinn, Estonia on 26 November for a two-day event that will emphasize the development of workable blockchain solutions for business.Such a forward-thinking information society as Estonia provides the ideal setting for blockchain projects as it works to attract the … [Read more...] about North Europe’s Largest Conference Moontec Set to Welcome Top Enterprise Blockchain Projects
Blockchain Identity Management Trialed on Swiss Federal Railways
Swiss Federal Railways has successfully trialed a proof of concept for a blockchain identity verification system. The blockchain identity product was developed by Linum Labs, relying on a protocol (uPort) jointly created by ConsenSys. The credential management tests took place this year from May to November. The uPort mechanism is an Ethereum-based identity management … [Read more...] about Blockchain Identity Management Trialed on Swiss Federal Railways
Strange Behaviour in the BTC Market – Adoption Goes up, Price Goes Down
It appears that people are asking themselves the wrong question about the BTC market crash and the wider crypto collapse. Why was it stable is a much more relevant question than why it crashed. After all, volatility is the hallmark of cryptocurrency and what sets it apart from many other assets. A lack of predictability is often a sign of a pure free market. What is the real … [Read more...] about Strange Behaviour in the BTC Market – Adoption Goes up, Price Goes Down