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Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced


Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...

BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC


On February 19, a group of well known software developers announced the launch of a new Bitcoin Cash full node with the Infrastructure Funding Plan (IFP) removed from the codebase. The news was announced on the read.cash platform by the developer Freetrader who told the public that strong demand...

IOTA Closed for 6th Day, MIOTA up 4% on Remediation Plan


The IOTA (MIOTA) mainnet is closed for the sixth day now, while MIOTA is up almost 4% on the shared remediation plan. As reported, IOTA first advised people to keep their Trinity wallets closed on February 17, while they investigate the reports of stolen funds, even turning off the Coordinator,...

IDShield Firm Unveils Service Enhancement Plan to Monitor Financial Accounts


Based in North America, IDShield, the leading legal service products provider, has announced the news about the launch of a service enhancement focused on the protection of the members from illicit, unauthorized electronic fund transfers from their employer-sponsored 401K, retirement, and health...

BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash


This week news.Bitcoin.com spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the BCH Latam initiative aims to generate greater financial inclusion through...

Rewards-to-Crypto Plan May See Billions of USD Converted Into Bitcoin


If the Cryptoverse is lucky, a new app could see billions of American rewards points converted into cryptocurrencies, such as bitcoin (BTC). “The legacy payments infrastructure is ripe for disintermediation,” Jeff Sprecher, founder and CEO of Bakkt operator Intercontinental Exchange (ICE) told...

Don't Get Too Excited About Crypto Mom's ICO Plan, Lawyer Warns


Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions An audacious proposal from the American Securities and Exchanges Commission (SEC)’s so-called “crypto mom” Hester Peirce to end the nation’s initial coin offering (ICO) impasse could come to naught, warns a crypto...

Jiang Zhuoer Restructures Development Funding Proposal for Bitcoin Cash


On January 31, Btc.top founder Jiang Zhuoer addressed the Bitcoin Cash (BCH) community again after his initial proposal last Wednesday was met with mixed responses. Zhuoer changed a number of specifics within the proposed Infrastructure Funding Plan for Bitcoin Cash and hopes the community will...

Close to $6k in Bitcoin Cash Tips Paid to Read.cash Authors Last Week


The read.cash blog has been a resource for the Bitcoin Cash (BCH) community for a while now but ever since the recent miner funded development proposal, the blogging site has gathered significant traction. For instance, the front page of read.cash shows that during the last week, more than $5,730...

Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan


Last Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cash (BCH) development over the course of six months. Over the last five days, the funding plan has been the most dominant conversation within the BCH ecosystem, as supporters debate the merits...

Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards


A group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com...

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