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Coinme Streamlines Transactions Through Bitcoin ATMs and Kiosks
6.1.2020
Cryptocurrencies have come a long way since their inception in the industrial domain in 2008 during the time of recession. When Bitcoin was launched in the market, there were high speculations that the currency would not be able to survive for long in the industry and the era of cryptocurrencies...
Bitcoin Network SegWit Adoption Hits 66% After BitMEX Embraces Upgrade
5.1.2020
After BitMEX adoption, SegWit now accounts for around two-thirds of Bitcoin transactions, data suggests
Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data
3.1.2020
Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind...
Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud
3.1.2020
When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back...
Government Confirms Crypto Profits Not Taxable in South Korea
2.1.2020
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend...
Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
1.1.2020
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called...
South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...
IOTA Fixes Issue After Freezing Mainnet Transactions for 24 Hours
30.12.2019
IOTA has fixed a mainnet incident that caused its users to be unable to confirm transactions for a period of 24 hours
As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted
27.12.2019
Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw...
Someone Say Bear Market? Bitcoin Sets 3 Huge New Records in 2019
27.12.2019
Bitcoin’s new technical achievements show more than ever that price is not everything
Tokyo Wants 50% of Transactions to Be Made in its Stablecoin by 2025
27.12.2019
Tokyo’s new stablecoin could be one of the world’s most ambitious yet – after city authorities revealed plans to ensure that 50% of all payments made in the capital are made using the token by 2025.
Per Nikkei, the city is banking on the fact that it already has a large range of infrastructure...
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Confirmed: BitPay Experienced 3-Hour Bitcoin Payment Outage
24.12.2019
BitPay Support confirmed that BitPay had a 3-hour outage of Bitcoin payments on Dec. 22
Thomson Reuters Launches Crypto Tax Tool
23.12.2019
Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. Also Read:...
Meet Snowglobe: An Avalanche-Based Pre-Consensus Protocol for BCH
22.12.2019
On December 20, BCHD and Openbazaar developer Tyler Smith published first draft specifications for a protocol he calls “Snowglobe.” Smith’s Github repository says that Snowglobe is a propagation protocol for nodes using Nakamoto Consensus and it uses an Avalanche-based consensus...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video
20.12.2019
On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately...
EY Releases New Version of Zero-Knowledge Proof Blockchain to Public Domain
19.12.2019
EY released a new iteration of its zero-knowledge proof blockchain tech to the public domain
EY Open-Sources Tech It Says Slashes Cost of Private Ethereum Transactions
19.12.2019
Lowering the costs of private transactions in this way makes the public ethereum blockchain more competitive with private chains, EY says
Video Shows How Easy It Is to Double Spend BTC Using RBF
18.12.2019
On December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called...