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Calls Intensify for Indian Government to Regulate Cryptocurrency
29.7.2019
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government...
Crypto Is Part of Free Speech, and Free Speech Is Everything
29.7.2019
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing...
Large Regulated Token Sales Indicate ICOs May Be Coming Back
28.7.2019
Initial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding...
Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms
28.7.2019
Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty...
Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
28.7.2019
When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services...
Five of the Most Important Use Cases for Cryptocurrency
28.7.2019
Crypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the original designation of cryptocurrency. While the primary function of crypto assets such as ETH and BTC is a matter of some debate, what’s...
Btc.top CEO Highlights the Benefits and ‘Golden Mean’ of Bitcoin Cash
27.7.2019
On July 23, the CEO of Btc.top, Jiang Zhuoer, debated Nchain’s chief scientist Craig Wright in regard to the civil war between BCH and BSV that took place in November. Amid the debate hosted by Bitkan, Zhuoer highlighted the top three advantages tied to the Bitcoin Cash ecosystem. During...
10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS
27.7.2019
On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August....
SLP Developers Publish Specs for a Unique Type of Non-Fungible Tokens
26.7.2019
The Simple Ledger Protocol (SLP) has become a popular project within the Bitcoin Cash ecosystem because it gives anyone the ability to issue and transfer tokens in a permissionless fashion. Since the project was announced last year, there’s been a myriad of tokens created on the BCH chain....
Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
26.7.2019
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...
How Government Agencies Make Criminals of Crypto Traders
26.7.2019
A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face...
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
Amid Severe Price Fluctuations, Pantera Capital CEO Says Bitcoin Will Cross $350,000 in a Couple of Years
25.7.2019
After recovering from a six-month-long losing spree earlier in February this year, Bitcoin has again started to show dreadful signs of fluctuations, which could scare away investors, especially those who witnessed the turmoil of 2018. However, Pantera Capital CEO Dan Morehead thinks otherwise...
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies
25.7.2019
CoinLoan is among the first to offer loans secured by Bitcoin Cash
As we mentioned in our previous updates, new assets are about to join CoinLoan’s list of cryptocurrencies soon. CoinLoan keeps its promises, and today, we pride ourselves on adding a new collateral currency to the CoinLoan platform...
Is Bitcoin Money? Revisiting Mises’ Regression Theorem
25.7.2019
Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money...
Le Roux Biographer: Cartel Boss Is the Most Credible Satoshi Yet
25.7.2019
Paul Le Roux is a criminal kingpin turned criminal informant whose misdeeds have filled a book. The author of that tome is investigative journalist Evan Ratliff, whose rip-roaring tale has recently received a postscript: Le Roux may also be Bitcoin creator Satoshi Nakamoto. This week on the Humans...
Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit
24.7.2019
A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only...
PR: bitHolla Releases Open Exchange Kit HollaExShell
24.7.2019
bitHolla, the company that builds customized cryptocurrency trading software is announcing the launch of its new product HollaExShell, an open exchange software package, giving anyone the ability to launch a full fledged crypto exchange from a command-line interface. HollaEx packages provided...