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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’
18.2.2020
As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds...
BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation
17.2.2020
Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about...
Lazy Object Initialization
17.2.2020
The Firefox DevTools underlying code, which is written with JavaScript and HTML, is a complex application. Due to the complexity and amount of work going on, the DevTools team has done everything they can to load as little as possible. Furthermore the team has a system of lazily importing...
Cryptocurrency Is Agorism in Action
17.2.2020
The book “New Libertarian Manifesto” (NLM) by libertarian-anarchist Samuel E. Konkin III (SEK3) launched a movement that has grown amazingly over the last few decades: Agorism. This is the movement of peaceful revolution through counter-economics. Counter-economics is “the study...
Binance CEO Says Crypto Exchange Has Applied for a Singapore License
17.2.2020
The world's top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore
Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies
17.2.2020
Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for...
84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
16.2.2020
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response
16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...
India’s Election Commission Developing Blockchain System for Voting
16.2.2020
The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. Furthermore,...
China Is Scrubbing Cash Notes to Stop Virus Spreading so Its Government Paper Money Wont Kill You
16.2.2020
Research has shown that government paper money is a hotbed for bacteria and that, at least in the U.S., most bank notes in circulation are tainted by cocaine. Now you can also worry about a new threat possibly sticking to your fingers when you handle a bill – a deadly virus coming out...
Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
16.2.2020
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also...
BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
15.2.2020
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s...
Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business
15.2.2020
Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due...
Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission
15.2.2020
The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s underlying database. Wright’s recent...
IOTA Network Still Down: How the Next Bitcoin Killer Screeched to a Halt
14.2.2020
On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1.6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found...
Pirate Chain Coin Now Available for Trading on Bitcoin.com Exchange, Joins New Alliance
14.2.2020
Pirate Chain (ARRR) is a privacy-focused cryptocurrency with non-optional, private-only addresses and transactions. This coin has is now available for trading to users of Bitcoin.com Exchange, soon after the team behind it joined the Blockchain Privacy, Security & Adoption Alliance. Also Read:...
Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies
14.2.2020
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital...
Why JavaScript is Eating HTML
13.2.2020
Web development is always changing. One trend in particular has become very popular lately, and it fundamentally goes against the conventional wisdom about how a web page should be made. It is exciting for some but frustrating for others, and the reasons for both are difficult to explain.
A...
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...