Monthly Archives: March 2018

Effects of Mt. Gox Trustee’s $400 Mln Sale on Bitcoin Market

An economic analysis of the effects the Mt. Gox bankruptcy trustee’s decision to sell $400 million of Bitcoin on online exchanges has had on the Bitcoin market. On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two public exchanges. Some critics believe Kobayashi’s sales put so many […]

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Washington Post Adds Support for Brave Browser, Basic Attention Token

The Brave browser and its Basic Attention Token (BAT) just added another verified mainstream publisher to its list of partners. According to original posts on Reddit, the Washington Post recently integrated with Brave to accept contributions in BAT on its website. As such, the Post’s readers can now donate BAT to the publication via the Brave platform. Users trumpeted the news as a major adoption milestone and with good reason. Owned by Amazon, the Washington Post is one of the largest media outlets in the United States, […]

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Decentralized Video Surveillance Company Promises to Detect Threats Ahead of Crimes

sponsored The company claims their surveillance technology will be able to understand a situation that is unfolding, by combining face and object detection. A new platform aims to make surveillance cameras ‘smart’, using enhanced facial recognition, object detection and real-time video analysis. In the US alone, the video surveillance market is projected to be valued at $75.64 bln by 2022. In reality, these cameras cannot prevent crime from taking place in real-time, and this could be about to change, states Faceter, the company behind the platform. ‘First […]

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Major South Korean Exchange Bithumb Partners With BitPay To Corner ‘$200 Bln’ Market

BitPay and Bithumb have partnered to enter the lucrative international remittance market, BitPay’s CCO has said. South Korea’s largest cryptocurrency exchange Bithumb has partnered with BitPay to compete in the international remittance market, an executive announced March 13. Speaking to CNBC about the deal, BitPay chief commercial officer Sonny Singh said businesses would now be able to convert invoices to Bitcoin and use BitPay to settle them faster and more cheaply than via conventional bank-based remittance channels. “Cross-border payments between Korea and the West will be a […]

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Op Ed: FinCEN Policy Positions Offer Murky Guidance for ICOs

The Financial Crimes Enforcement Network (FinCEN) appears to be taking steps to eliminate some of the ambiguity surrounding the status of ICOs as money services businesses (MSBs). On March 6, 2018, FinCEN released a letter it sent in February to U.S. Senator Ron Wyden (the “Wyden Letter”). The letter stakes out a policy position that could be seen as somewhat inconsistent with prior FinCEN guidance and could foreshadow potential avenues of enforcement. ICOs would be wise to monitor FinCEN’s public statements and, if they haven’t already, should […]

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Philippines: Senator Proposes Stricter Penalties For Crimes Involving Crypto

Philippine Senator Leila de Lima proposed imposing stricter penalties for crimes involving crypto. Philippine Senator Leila de Lima has filed a bill to impose stricter penalties for cryptocurrency-related crimes, due to the complexity of the investigation process, according to a press release from the Philippine Senate published Tuesday, March 13. According to Senate Bill (SB) No. 1694, all crimes described by the Revised Penal Code (RPC) would incur a penalty one degree higher than usual if the crime involved the use of “virtual currency”. De Lima further […]

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Square Cash Adds BTC Buy/Sell Option For Wyoming Customers, ‘Working On’ New York

Square Cash App has given users in Wyoming the option to buy and sell BTC, hinting at adding New York users in the future The Square Cash App, a mobile app formerly for sending just fiat currency that added a Bitcoin (BTC) sending option in late January 2018, has made BTC buying and selling available for Wyoming users. The app is working on adding the option for New York residents as well, currently in the process of applying for the state’s BitLicense. Customers in the states of Wyoming, […]

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Coinbase Granted E-Money License by UK’s Financial Conduct Authority

Coinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the UK from which it can further penetrate the European bitcoin market.   Also Read: Coinbase Launches Cryptocurrency Trading Tax Calculator FCA E-Money License San Francisco-based cryptocurrency exchange Coinbase has announced it has been granted an e-money license […]

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PR: Blockchain Nation Miami – Conference That Matters

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. At Crypto World Journal we believe that blockchain technology is a force that will help shape the future. That is why our mission as a company is to “Build a Better Blockchain Community”. As part of our commitment to building a better […]

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Finding Utility Over Security: The Difference Between ICO Coins

ICOs’ move towards security tokens puts them in the regulatory firing line, but it can often be avoided Startup fundraising, in the traditional VC methodology, was flipped on its head in 2017 when a boom in ICO creation saw hundreds of companies forming on the Blockchain with its attached digital currency being born in the form of an investable token. However, this crowdfunding platform which exploded at a rapid rate has finally been hauled in by regulators and authorities who have noticed a few worrying trends. Bodies […]

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