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BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC
20.2.2020
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...
Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years
20.2.2020
Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...
Virgin Galactic Stock Is Skyrocketing, Will Take Bitcoin to Shoot You Into Space
20.2.2020
Virgin Galactic is one of the leading ventures in the emerging private space race alongside companies such as Spacex. However, it is being compared now mostly to another Elon Musk creation – Tesla. This is because Virgin Galactic stock is skyrocketing as traders rush in to bet on...
Add Background Colors to SVGs Using the “rect” Element
20.2.2020
The advantages of using SVGs in web development are well known. SVGs are small in size, can be made quite accessible, are scalable while maintaining their quality, and can be animated. Still, there is a learning curve. Things, like the syntax of SVG, can be a little tricky and having to hand-alter...
8 Tips for Getting the Most out of Crypto Telegram
20.2.2020
For news, gossip, FUD, FOMO, charts, bots, and project updates, crypto Telegram is where it’s at. The beating heart of the crypto community resides in Pavel Durov’s encrypted messenger application. Accessing Telegram is easy, but optimizing your experience to get the most out of...
Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam
20.2.2020
With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other...
Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
20.2.2020
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator...
Swiss Savers View Cryptocurrencies as Option, Now That Bank Accounts Don’t Save Them From Inflation
20.2.2020
Cryptocurrencies are gradually becoming a viable alternative for savers in Switzerland, according to a new poll. The Alpine nation’s crypto-friendly business climate and increasing regulatory clarity makes them a relatively easy addition to investors’ portfolios. Many Swiss people...
Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum
19.2.2020
During the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also...
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
How to Mine Bitcoin in 2020
19.2.2020
Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need...
Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
19.2.2020
A report published February 7 and authored in part by Blockstream researcher Christian Decker found that the BTC Lightning Network is “evolving towards an increasingly centralised architecture.” Proponents of LN say this is not a problem, and even critics of the network point to...
Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations
19.2.2020
The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees...
‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus
18.2.2020
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number...
Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter
18.2.2020
On February 15, a user on the read.cash blog site announced the development of a new Bitcoin Cash fundraising project called Flipstarter.cash. The developers behind the platform highlighted the recent questions people have been asking about voluntary funding of the Bitcoin Cash commons....
Currency.com Accused of Exploiting KYC to Withhold Customer Funds
18.2.2020
Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden...
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up
18.2.2020
Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in...
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...
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
18.2.2020
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which...