Monthly Archives: May 2018

Bitcoin in Brief Monday: Belgium Expands List of Fraudulent Crypto Platforms, Plot to Kill Vinnik Uncovered in Greece

In Monday’s Bitcoin in Brief, Belgium’s financial watchdog, which earlier this year published a warning about potentially fraudulent platforms promising fast and easy profits to crypto investors, has just expanded its blacklist. In Russia, reports have surfaced of a plot to assassinate Alexander Vinnik in Greece, where he fights an extradition request from US authorities accusing him of laundering billions of dollars, including funds from the hacked Mt. Gox. Elsewhere, Australia allocates budget for blockchain research, and Dubai-based exchange Bitoasis suspends dirham withdrawals. Also read: This Week […]

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Scandinavian Start-Up To Track World’s Shipping Containers Through Blockchain

sponsored A start-up says a real-time inventory of the world’s 27 mln shipping containers could save industry $5.7 bln a year and cut CO2 emissions. A start-up led by seasoned professionals in the shipping industry is creating a Blockchain-driven platform which, for the first time, will provide a real-time registry of the world’s 27 million containers. Blockshipping says its solution – which is called the Global Shared Container Platform (GSCP for short) – has what it takes to address staggering inefficiencies in the marketplace, bringing significant savings […]

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Thailand Commences Cryptocurrency Regulations Today

The decree to regulate cryptocurrencies and initial coin offerings in Thailand goes into effect on Monday. The government has also revised the country’s tax code to add crypto taxation. Sellers of digital tokens will face a fine or even jail time if they fail to register with the regulator within 90 days. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Law In Effect The Thai government’s decree to regulate cryptocurrencies and initial coin offerings (ICOs) goes into effect on Monday. The Digital Asset Management Act […]

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Research Paper Finds Transaction Patterns Can Degrade Zcash Privacy

Just recently researchers from the University College London published a paper about the patterns found in “shielded” and “unshielded” Zcash transactions. The study explains when users switch between these types of addresses anonymity is degraded. The team concludes that while Zcash transactions can be private, it’s also possible to diminish privacy if certain usage patterns are chosen by the Zcash user. Also Read: Israel Tax Authority Hunts for Bitcoin Traders on Social Media   Researchers from London Publish a Paper That Reveals It is Possible to Shrink the […]

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Six of the Best Telegram Cryptocurrency Bots

They say the real riches you make in bitcoin are the friends you make along the way. And on platforms such as the crypto-friendly Telegram, it’s true that you can meet avatars who become acquaintances who become best mates. But the most useful accounts you’ll interact with on Telegram are arguably those devoid of humanity together. That’s because the best accounts are those operated by bots. Also read: Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period There’s a Crypto Bot for Every Occasion Chatbots are […]

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New Crypto Exchanges Open in Korea, Thailand, Vietnam, and the Philippines

The number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto exchange roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space South Korea’s Coinbit South Korean game developer Axia Soft Co. Ltd. has recently launched a crypto exchange called Coinbit. For its grand opening, the exchange is offering zero commission trades until the end of May. Coinbit says 50 cryptocurrencies will be listed initially and more than 100 coins will be listed […]

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Pakistanis Find Ways to Trade Bitcoin Rendering Ban Ineffective

The crypto ban in Pakistan is proving to be not as effective as expected. If anything, the State Bank has barred commercial banks and financial firms from dealing in cryptocurrency which, of course, makes life harder for local exchanges. Individual traders, however, are finding alternative ways to acquire or sell cryptocurrencies, defying the warnings and the prohibitions.      Also read: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now Central Bank Can’t Ban Cryptocurrency in Pakistan Pakistan’s experience with cryptocurrencies offers another example of how […]

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Siacoin Developer: ASICS Are “Money Printing Machines” for Manufacturers

ASIC miners are hugely profitable machines – provided you’re the manufacturer. That’s the view of Siacoin lead developer David Vorick, who’s published his thoughts on the monopoly enjoyed by manufacturers such as Bitmain and Halong Mining. In “The State of Cryptocurrency Mining”, Vorick also accuses manufacturers of using the machines themselves, before passing them on to the public once they’re no longer profitable. Also read: Cryptocurrency Projects Aiming to be ‘ASIC Resistant’ Have Little Success The Absolute State of Cryptocurrency Mining Siacoin’s David Vorick knows more than most […]

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