Monthly Archives: March 2018

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 8

A market overview with top 9 cryptocurrencies movement analysis. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. News continues to pound the cryptocurrency markets stifling attempts to a recovery. The news of the Binance exchange being hacked and the SEC has requested trading platforms dealing with digital assets […]

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Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks Redundant

Bitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they are in power as it threatens their position. Once out of power they are freer to appreciate the freedom a decentralized economy may bring, as exemplified by someone who was once one of the most powerful men in Washington, Steve Bannon, now hailing cryptocurrencies as the key to national […]

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Bill To Allow To Pay Taxes In Bitcoin Passes Arizona House Committee

An Arizona bill that would allow cryptocurrencies for state tax payments passed House committee, continues in legislative process. The Ways and Means Committee of the Arizona House of Representatives passed SB1091, a tax bill that would allow state residents to pay their tax bills with cryptocurrencies, legislative records show March 7. The bill’s advancement through committee signifies the first of three readings required of each bill by Arizona law. Support for the bill by Republican legislators raises the likelihood of it passing the House, which is ruled […]

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UK Medical Group Partners With Blockchain Platform For Medical Records For Pilot Program

Medicalchain, a Blockchain-based platform for recording patients’ medical records, has announced a pilot program with UK practice The Groves Medical Group. Medicalchain, a platform designed for recording patients’ medical records on Blockchain, has announced a partnership with the London-based Groves Medical Group for a pilot program giving patients access to telemedicine and the ability to pay in crypto, Medicalchain’s Medium post reported March 6. According to the Medium post, this partnership makes The Groves the first UK medical practice to use Blockchain and accept crypto payments for […]

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Japan Toughens Oversight, Penalizes Cryptocurrency Exchanges

In its most sweeping crackdown yet, a Japanese regulator has penalized seven cryptocurrency exchanges, requiring two to halt operations for one month. Japan’s Financial Services Agency (FSA) announced today, March 8, 2018, that it came down on the exchanges due to their failure to provide proper internal-control systems. All of the exchanges were ordered to step up efforts to improve security and prevent money laundering. Business suspension orders were issued for FSHO and Bit Station, effective today. The FSA said FSHO was not properly monitoring trades and […]

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Halong Mining DragonMint B52 Blake2b ASIC Miner for Siacoin (SC)

Just after the announcement of their new DragonMint B29 Blake256 ASIC Miner for Decred (DCR), Halong Mining has also started taking orders for a new DragonMint B52 Blake2b ASIC Miner for Siacoin (SC) or other Blake2b POW coins. The hashrate of the new ASIC miner is cited as 3.83 THS for Siacoin mining at 1380 Watt of power usage, so a serious device in terms of hasrate compared to other alternative options from Bitmain A3 (already available) and Obelisk SC1 (upcoming). Where the Halong Mining DragonMint B52 […]

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Overstock Ups Investment in Bitt, Furthering Digital Currency Issuance by Central Banks

Today, Overstock’s Medici Ventures doubled down on its investment in the realm of digital currency for central banks. The additional $3 million dollar investment in  Caribbean blockchain-based digital payment provider Bitt.com signals a reaffirmation of Overstock and Medici’s belief in the ability of digital currencies to become the de facto means of payment transactions. Medici Ventures originally invested $4 million in the Barbados-based fintech company in 2016. At the time of the initial investment, Overstock CEO, Patrick Byrne, stated, “Bitt has a vision for the Caribbean of […]

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Japan Punishes Seven Cryptocurrency Exchanges, Suspending Two

The Japanese financial regulator has punished seven cryptocurrency exchanges in the country, suspending the operation of two of them. “The agency fears another Coincheck-style hack,” it stated after recent inspections of all crypto exchanges in Japan revealed inadequate measures for customer protection. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies FSA Punishes Seven Exchanges The Japanese Financial Services Agency (FSA) announced on Thursday that it had “punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer […]

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Ripple’s New Global Head of Banking Talks About RippleNet, PSD2 and the Future of Payment

Cointelegraph spoke with Marjan Delatinne, global head of banking at Ripple, about her experience, banking, and the future of global payment. Since January 2018 Ripple has a new global head of banking. Marjan Delatinne joined the company in 2017 after having spent ten years at SWIFT as business director commercializing different banking solutions including Global Payments Innovation (GPI). Part of the Women in Fintech Power list 2017, Delatinne has shown great ability in developing business strategies for innovative initiatives during her career. Cointelegraph had an opportunity to […]

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New Player Asrock Said to Enter the GPU Mining Market

Another major hardware producer may venture into the GPU market very soon. Motherboard manufacturer Asrock is reportedly going to offer new products for cryptocurrency mining in April. Currently, the company enjoys strong demand from crypto miners for its motherboards. Mining equipment shipments boosted its sales in 2017. Also read: GPU Producers Fear Drop in Demand from Crypto Miners Asrock May Offer Miners an Alternative Hardware manufacturer Asrock is reportedly planning to enter the video cards market as soon as next month. The company may introduce its own […]

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