Search
South African Payment Gateway Drops BTC Over Fees and Network Congestion
13.7.2019
On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...
Binance Adds Margin as Exchange Competition Heats Up
13.7.2019
This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year, in a bid...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
12.7.2019
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...
Crypto Prediction Market and Derivatives Platform Veil Is Closing
12.7.2019
Veil launched six months ago with an Auger protocol to make decentralized predictions on real world events
CEO of BitFunder Exchange Gets 14 Months in Prison for Fraud, Obstruction
12.7.2019
The operator of BitFunder and WeExchange will serve 14 months in prison after defrauding investors and misrepresenting a hack
‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders
12.7.2019
P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically...
IRS Confirms It Trained Staff on Finding Crypto Wallets
12.7.2019
The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings.
Mark Cuban ‘Not a Big Fan’ of Facebook’s Libra
12.7.2019
The Shark Tank co-host things Facebook's Libra is a "big mistake."
Another Crypto Company Wants to Offer Bitcoin Derivatives in the US
12.7.2019
Institutional digital assets platform TrueDigital Holdings has announced plans to offer bitcoin derivatives for U.S. investors – if the CFTC approves
Win 2019 Rugby World Cup Tickets When You Play at Games.Bitcoin.com
12.7.2019
Are you a cryptocurrency user and rugby fan who’s always dreamed of going to the World Cup? Here’s your chance to win tickets to the 2019 Rugby World Cup in Japan, including flights and accommodation, in an exclusive competition at Games.Bitcoin.com. Also Read: Bitcoin Cash ETP Lists...
Binance Destroys $26 Million Worth of Its Team’s BNB Tokens
12.7.2019
Binance says it has completed the eight quarterly "burn" of Binance coin tokens – all from its team's allocation
Crypto Broker Prasos Wins EU Payment Institution License
12.7.2019
The Finland-based crypto firm says it can expand its fiat payment offerings after being granted the license
What Are Dollars Used for, President Trump? – The Gun Money Known as USD
12.7.2019
Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in...
Pullback Over? Bitcoin Bounces $600 From Historically Strong Price Support
12.7.2019
Bitcoin has bounced up from historically strong price support, raising the prospects of a renewed push toward recent highs above $13,000
Facebook Is Seeking an Economics Researcher for Its Calibra Wallet
12.7.2019
Facebook is continuing to grow the team for its Libra cryptocurrency project with the hiring of a new economics researcher
The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’
12.7.2019
The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s...
The Miami Dolphins Now Have an ‘Official Crypto’ – And It’s Litecoin
12.7.2019
The American football team has teamed up with the Litecoin Foundation to accept cryptocurrency payments
How Bitcoin Might Help the World’s Oppressed Sidestep Censorship – in Space
12.7.2019
An advocacy group is testing out the idea that the combination of bitcoin and orbital communication can help fight news censorship