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Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...
Cash Runs Dry at ATMs as Protests Escalate in Chile
26.10.2019
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs....
Bitcoin.com Joins the Coinex Chain Pre-Election Node Process
26.10.2019
Trading platform Coinex recently announced the creation of a public decentralized exchange (dex) blockchain that leverages the consensus protocols Tendermint and the Cosmos SDK. This month, up until the mainnet launch, Coinex is in the midst of its pre-election process with new node participants...
Mistakes Crypto Owners and Traders Should Avoid
26.10.2019
There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should...
Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
Lyn Ulbricht Speaks Out Against Unfair Silk Road Sentencing, Facebook and Government Hypocrisy
25.10.2019
U.S. representative Ann Wagner noted at a recent hearing that child pornographic material has been reported on Facebook more than any other site. Lyn Ulbricht, mother of currently imprisoned Silk Road founder Ross Ulbricht, spoke out in a video livestream Wednesday against her son’s unfair...
Market Update: Crypto Prices Spike Significantly In a Matter of Minutes
25.10.2019
Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
State Bank of India Chief Argues Crypto Regulation Is a Must
25.10.2019
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...
The Demand for Permissionless Freedom Is Just Getting Started
25.10.2019
Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens...
Lebanese Protestors Gather at Central Bank as Financial Lockout Continues
25.10.2019
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials...
As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?
25.10.2019
The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which...
Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates
24.10.2019
Preparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. At...
Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes
24.10.2019
On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...
ImageKit.io: Image Optimization That Plugs Into Your Infrastructure
24.10.2019
Images are the most efficient means to showcase a product or service on a website. They make up for most of the visual content on our website.
But, the more images a webpage has, the more bandwidth it consumes, affecting the page load speed - a raging factor having a significant impact on not just...
Lightning Network User Confused By Protocol: Lost 30,000 USD
24.10.2019
The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...
PlayDApp Will Unlock the True Potential of Gaming
24.10.2019
The blockchain will unlock gaming’s true value
Asia's largest blockchain festival 'KBW 2019' main conference 'D. FINE'
Kevin Chu "Gamers are already ready to use blockchain technology"
Sung-Won Choi PlayDapp Head of Strategy "Share items in different games with blockchain”
The post PlayDApp Will...
3 Major Signs That Precede the Fall of World Reserve Currencies
24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...
Germany’s Financial Crisis Invokes 5-Year Rent Freeze
24.10.2019
All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just...