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Binance Jersey Gets Proprietary GBP-Backed Stablecoin Listed on Its Exchange

20.7.2019
According to latest reports, Binance Jersey has announced the listing of a new stablecoin which is backed by GBP (British Pounds) on its exchange platform on 19th July 2019. The stablecoin is termed as BGBP, short for Binance GBP stablecoin. As per the announcement, Binance GBP has been introduced...

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra

20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...

Could Donald Trump Ban Bitcoin?

20.7.2019
He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation

Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development

20.7.2019
Bitcoin Cash (BCH) platform and protocol development have seen a lot of delivered code and projects over the last two years. The upgrades will help Bitcoin Cash scale to the masses, and many of the added features are protocol developments that are unique to BCH. Also read: Indian Government Breaks...

7 Unorthodox Ways to Mine Bitcoin

20.7.2019
Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest...

Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

19.7.2019
Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read:...

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

19.7.2019
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize...

Bitcoin is Declared as Legal Virtual Property by Chinese Court

19.7.2019
Bitcoin (BTC) has now been declared as a legally recognized virtual property by a Chinese court. As per the Hangzhou Internet Court ruling, Bitcoin has the characteristics to be regarded as a virtual property and thus owning Bitcoin will be legal in China. The court also said that the digital...

Bitcoin and Altcoins Gaining Momentum

19.7.2019
This week was mostly bearish, with strong downward moves in bitcoin and altcoins. Recently, BTC/USD found support near the USD 9,250 level and started a strong recovery. The bulls were able to break a couple of important resistances near the USD 10,000 and USD 10,200 levels. The price tested...

Indian Government Breaks Silence on Crypto Regulation

19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...

Chinese Court Rules that Bitcoin has Legal Value - Report

19.7.2019
An internet court in China has reportedly made a landmark ruling on cryptocurrencies, recognizing Bitcoin as having legal value as property. Per Chinese media outlet BJ News, Hangzhou Internet Court – one of three legal bodies in the country that handle digital and internet-based legal matters...

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