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Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling
28.8.2019
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story...
Bitcoin and Altcoins Trading Near Make-or-Break Levels
28.8.2019
This week, bitcoin price started a slow and steady decline from the USD 10,500 resistance area. BTC/USD is currently (08:00 UTC) trading below the USD 10,250 and USD 10,200 support levels. The current price action suggests high chances of more downsides in the coming sessions. Similarly, most major...
Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed
28.8.2019
It’s been said that those who protest the loudest are often the ones who are guilty, and when it comes to government and their pet corporations, things are no different. No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses —...
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
The Faketoshi BTC 550K Saga - Where Do We Go From Here?
27.8.2019
Craig Wright. Source: a video screenshot, Youtube, Crypto Finder
With the ruling coming in on August 26th in the case of Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), also known as 'Faketoshi', one may think that this episode in the Cryptosphere...
Court Instructs Craig Wright to Distribute Billions to Plaintiffs
27.8.2019
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time...
90% of Clients Use Crypto for Speculation Only: CEO of Major Wallet
27.8.2019
It’s not a secret that crypto still has a way to go before its use for everyday transactions will catch up with speculative demand. However, one outspoken crypto executive sheds a bit more light on the current status of crypto. At least, at the company he manages.
In a recent interview with CNBC...
Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony
27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million.
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...
The Changing Face of Cryptocurrency Trading in 2019
27.8.2019
The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey...
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...
PR: SMART VALOR Lists Bitcoin Cash & Offers Users 10% Cash Back in Crypto
26.8.2019
The first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens.Why does this matter and what’s in it for buyers?
The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully...
Bitcoin and Altcoins In Downtrend Despite Recent Bounce
26.8.2019
This past week, there were mostly bearish moves in bitcoin price below the USD 10,500 and USD 10,200 levels. BTC/USD even revisited the USD 9,750 support area and it recently started an upside correction. The price surged above USD 10,200 and USD 10,300, but the main resistance near the USD 10,500...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language
26.8.2019
Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing...
Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science
25.8.2019
The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable...
Bitcoin History Part 16: The First Mt. Gox Hack
25.8.2019
No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust...
Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator
25.8.2019
On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin...
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...