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Coder Proposes Alternative to Bitcoin’s ‘Notoriously Unreliable’ Testnet
18.7.2019
Introduced Wednesday, a new proposal called Signet offers a fresh alternative to bitcoin's test network
Bitcoin and Voluntaryism – Where Libertarian Philosophy Meets Crypto
18.7.2019
For the uninitiated, voluntaryism is a philosophy based on consent. In the simplest terms it says: “If it’s not voluntary, it’s not moral.” This basic statement is often countered with “Yes, but not everyone agrees on that, some people use violence to get what they...
Ignore Crypto Twitter – Life as a Nocoiner Isn’t That Bad
18.7.2019
Crypto Twitter (CT) is filled with half-witted commentary and price predictions by so-called luminaries, maximalists, and influencers. As the price of BTC has dropped to four figures, the usual tweets from CT thought leaders has insisted that this is the last chance to buy bitcoin for under...
States Rush to Collect Abandoned Crypto
17.7.2019
A bill has been proposed in the New York State Assembly, which would liquidate unclaimed cryptocurrency after the digital assets have been abandoned and transfer them to a state office. However, such legislation comes with many unresolved issues and unanswered questions.
An industry group,...
Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows
17.7.2019
The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have...
SEC Begins Green-Lighting Token Offerings
17.7.2019
The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims. Also read:...
PR: Liechtenstein Financial Market Authority Approves Tokenized Real Estate Investment Product
17.7.2019
CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as well
For the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG...
Bitcoin and Altcoins Signaling Bearish Continuation
17.7.2019
Yesterday, we discussed the importance of the USD 11,000 resistance. BTC/USD made an attempt to continue higher, but the bulls failed to gain momentum. As a result, bitcoin price started a fresh decline and broke a few important supports near the USD 10,200 and USD 10,000 level. The price declined...
How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy
17.7.2019
On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual...
Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
17.7.2019
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency...
How to Create and Airdrop Your Own Token to Your Friends
16.7.2019
Roughly a year ago, the Simple Ledger Protocol (SLP) debuted on the Bitcoin Cash (BCH) network, giving anyone the ability to mint, store, receive, and send SLP tokens. Since then there’s been a ton of tokens created on the BCH network as the simplicity of the system outpaces tokens built...
Bitcoin Dives Under USD 10,000, Crypto Market Down 10%
16.7.2019
The most popular cryptocurrency, bitcoin, dropped by almost USD 1,000 on Tuesday, breaking the USD 10,000 level and almost reaching USD 9,600, while the whole market capitalization dropped by more than 10%.
At pixel time (17:49 UTC), bitcoin trades at c. USD 9,641, and is down by almost 9% in...
Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide
16.7.2019
Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates,...
PR: Bitcoin.com Wallet Joins Blockchain Consortium FIO
16.7.2019
Bitcoin.com wallet, the official wallet of Bitcoin.com, has joined the Foundation for Interwallet Operability (FIO) in a move that will assist the wave of new users who are expected to join cryptocurrency markets as a result of June’s recent coin and token price increase.
The post PR: Bitcoin.com...
Bitcoin and Altcoins Recovery Could Accelerate if BTC Breaks USD 11K
16.7.2019
There was a significant decline in bitcoin and altcoins in the past three days. BTC/USD even tested the USD 9,800 level and recently formed a support base near USD 10,000. As a result, the price started an upside correction and broke the USD 10,400 and USD 10,600 resistance levels. Similarly, there...
Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
16.7.2019
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. Also read:...
Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions
15.7.2019
Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer...
Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics
15.7.2019
The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light...
Can Donald Trump Ban Bitcoin and Cryptocurrencies?
15.7.2019
Source: Twitter, @realDonaldTrump
The President of the United States, Donald Trump, can theoretically go after Bitcoin and cryptocurrencies but in reality, such a ban is highly unlikely, according to a recent discussion in the cryptoland.
The discussion was sparked by the Trump’s tweetstorm where...
PR: Cred and Bitcoin.com Join Forces to Boost Crypto Lending
15.7.2019
By John Yearwood Cred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and Cred allows Bitcoin.com...