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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
Samsung at Last Adds Bitcoin Functionality to Its Blockchain Phones
14.8.2019
Samsung has added bitcoin functionality to its blockchain-enabled smartphones six months after launch
Samsung Adds Bitcoin to its Crypto Wallet, Available on Note 10 Also
14.8.2019
Samsung Galaxy Note 10. Source: a video screenshot, Youtube, Samsung
The biggest smartphone maker Samsung has added Bitcoin support to its forthcoming Blockchain Keystore Software Development Kit (SDK) and confirmed that its cryptocurrency wallet is supported on its newest flagship phablet, Galaxy...
Bitcoin Drops to USD 10.5K, Ether, XRP Remain Steady, BCH Rallies
14.8.2019
Bitcoin once again saw losses this week after having sold off on both Monday and Tuesday, as traders rushed to take profits after the rally seen earlier this month.
At pixel time (05:20 UTC), bitcoin (BTC) trades at c. USD 10,576 and is down by 7% in the past 24 hours and by 9% in the past week....
Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?
14.8.2019
There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang. Yang, known as the Bitcoin-friendly choice for 2020, has a reputation for innovation with his unique stance on Universal Basic Income, emphatic...
EU Members Adopt Tougher Crypto Rules Than AML Directive Requires
13.8.2019
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...
Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
13.8.2019
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...
Final Decisions on Two BTC ETFs in October May Not Be Final After All
13.8.2019
It seems that the crypto industry's struggle to finally have a Bitcoin ETF (exchange-traded fund) approved by the U.S. Securities and Exchange Commission (SEC) may not end with final decisions on two ETFs in October even if they are negative.
The SEC confirmed yesterday that it once again delayed...
PR: Decentralized Recurring Crypto Payments System Launched by Monarch Blockchain
13.8.2019
Monarch, the decentralized wallet and suite of crypto services, has launched the first decentralized recurring payments system Until now, there’s been no way to automatically pay merchants in crypto on a recurring basis due to the limits of blockchain-based transactions. To solve this, Monarch...
Bitcoin and Altcoins at Risk of Further Declines
13.8.2019
Recently, there was a minor upside correction in bitcoin price above USD 11,400. However, BTC/USD struggled to continue above the USD 11,500 resistance. The current price action indicates a negative bias and it seems like BTC might continue to weaken in the near term. Similarly, there were bearish...
Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes
13.8.2019
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other...
Argentinians Pay Crypto Premium, Venezuelan Lottery to Give BTC Prizes
13.8.2019
Bitcoin is booming in South America as national fiats flounder – with Argentinians paying a premium for cryptocurrencies and the Venezuelan national lottery handing out cryptocurrency prizes.
Enthusiasm for cryptocurrencies is spiking in Argentina in the wake of election primary results on Sunday...
Twitter Crypto Scammers Continue to Fly Under the Company’s Radar
12.8.2019
Over the last two years, cryptocurrency scamming on social media has been prevalent. In January 2019, it was reported that crypto impersonation scams on Twitter raked in millions in cryptocurrencies from people pretending to be well known blockchain personalities. Now a new form of deception can...
How Bridging Blockchains Unlocks Value and Unites Crypto Tribes
12.8.2019
Interoperability is a multisyllabic word for a multi-faceted problem. How do you get blockchains to communicate with one another? Until recently, there’s been no easy way to achieve this, leaving assets isolated and smart contract-powered dapps siloed on their respective protocols. Before...
Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government
12.8.2019
Negative interest rates have been making big headlines lately, as several countries and big banks are now experimenting with the unorthodox monetary policy. While typically viewed as a last-ditch effort to shock some life back into struggling economies, these policies are getting a shiny new spin...
PR: Remco – Powerful Distributed Token Generating Platform
12.8.2019
remittancetoken.io – Token-Generating Platform for Money Transfer currently trading on Digifinex has announced it's sponsoring blockchain Finance Lagos conference event in Africa's largest market, Nigeria. Offering free flight ticket and accommodation to the qualified speakers.
The post PR: Remco...
Bitcoin and Altcoins Target Fresh Monthly Lows
12.8.2019
This past week, bitcoin price traded to a new monthly high close to USD 12,320 before starting a major downside correction. BTC/USD broke the key USD 11,800 and USD 11,500 support levels. It tested the USD 11,200 support area and is currently (08:00 UTC) correcting higher. However, upsides...
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop
11.8.2019
A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing. Also Read: Exploring the SLP Token Universe Built on...
BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress
10.8.2019
The last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses....