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Corporations Need Bitcoin. They Just Don’t Know It Yet
23.12.2019
Bitcoin could be the basis for a new corporate operating system, writes Iterative Capital managing partner Chris Dannen
Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
23.12.2019
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover...
Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
23.12.2019
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory...
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...
Only 375 Days Left for McAfee’s $1M Bitcoin Price Wager
23.12.2019
As the end of 2019 approaches, it means there will be one year left for John McAfee’s infamous wager that said the price per bitcoin would “reach $1,000,000 before the end of 2020.” If the forecast doesn’t come to fruition, he said that he would eat his family jewels...
These Myth-Busting Articles Dispel Common Bitcoin Myths
22.12.2019
Recently, a few Bitcoin Cash (BCH) proponents have been writing a series of myth-busting articles that describe Bitcoin technicals generally thought to be true but which are not. The articles posted on the read.cash blog have reviewed topics like 10-minute confirmation times, SPV wallets,...
Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia
22.12.2019
Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...
Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought
22.12.2019
According to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues...
Meet Snowglobe: An Avalanche-Based Pre-Consensus Protocol for BCH
22.12.2019
On December 20, BCHD and Openbazaar developer Tyler Smith published first draft specifications for a protocol he calls “Snowglobe.” Smith’s Github repository says that Snowglobe is a propagation protocol for nodes using Nakamoto Consensus and it uses an Avalanche-based consensus...
Poloniex Restores Unverified Accounts With Unlimited Trading
22.12.2019
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...
Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020
22.12.2019
12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual...
Craig Wright Attempts to ‘Reveal the Origin’ of Satoshi Nakamoto’s Name
21.12.2019
The Kleiman v. Wright lawsuit continues following the plaintiff’s request to Judge Reinhart asking him to overrule Craig Wright’s recent objections. Wright’s council has responded in a joint discovery memorandum asking for access to data tied to David Kleiman’s 15 computers....
Fomo3D Team Launch New Dapp That’s ‘Not Just a Game’
21.12.2019
Team Just, the brain trust behind viral hit Fomo3D, are back with an eagerly anticipated new dapp, this time on Tron. Just.game has been dubbed “a showcase of how blockchain technology can be used to create an autonomous company that constantly generates revenue and distributes it to anyone...
Judge Rules Snowden Must Give Book Proceeds to US Government
21.12.2019
A U.S. district judge has ruled that former intelligence contractor Edward Snowden must turn over the proceeds of his new book to the U.S. government. According to the ruling, Snowden failed to obtain clearance for the materials and information used in his book. The same judge previously ruled...
P2P Crypto Trading App Allows You to Protect Your Privacy
21.12.2019
Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine...
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...
$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories
21.12.2019
During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
The Many Facts Pointing to Ian Grigg Being Satoshi
20.12.2019
Financial cryptographer. Cypherpunk. Inventor of Ricardian contracts and early utilizer of triple-entry accounting systems, which would later be exemplified in Bitcoin. Ian Grigg may have claimed that Satoshi was a team effort and is now dead, only living on in bitcoiners everywhere, but some seem...