Monthly Archives: May 2018

CFTC Chairman On Crypto Regulation: ‘I Don’t See It Being Resolved Anytime Soon’

CFTC chairman says there won’t be comprehensive legislation toward Bitcoin and other cryptocurrencies at a federal level any time soon. The US Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo said he doesn’t see comprehensive crypto legislation coming from the federal level in the near future, CNBC reports April 30. In an interview on Monday, Giancarlo pointed out that the statutes by which the CFTC is operating were written in 1935. He said that embracing a modern innovation like Bitcoin within terms invented decades ago will take […]

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Mobile Pay Service Square Shares Fall After Stock Commentator Slams Bitcoin Strategy

San Francisco-based payment service Square shares dropped after Citron Research called its Bitcoin strategy “nonsense” in a tweet Monday afternoon. Shares of financial services and mobile payment company Square dropped Monday after a critical tweet by short-seller Andrew Left’s Citron Research, CNBC reported April 30. Citron claimed excitement for Square’s Bitcoin (BTC) trading solution was exaggerated. Citron called Square a “collection of yawn businesses” in a tweet Monday afternoon, adding that the payment operator’s “SQ-Cash to BTC trading has been insignificant”. Immediately afterwards, Square’s stock dropped 3.8 […]

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European Commission To Fight Fake News With Power Of Blockchain

The European Commission has included blockchain to the basic tools and technologies that will be used in its upcoming framework to prevent disinformation online. The European Commission (EC) has recently named blockchain technology to be part of its framework to combat the spread of false information online, TechCrunch reports Monday, April 30.   The EC has identified blockchain as a critical part of what it will call the Code of Practice on Disinformation, which it intends to introduce by summer 2018. According to a recently published press release […]

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Saudi Arabian Communications Ministry Hosts ‘Blockchain Bootcamp’ With ConsenSys

Saudi Arabia and ConsenSys hosted a smart contract and DApp-focused blockchain ‘bootcamp’ last week. The government of Saudi Arabia completed a “blockchain bootcamp” last week, the Ministry of Communications and Information Technology (MCIT) announced in a press release April 29. The session was focused on building Ethereum smart contracts and decentralized applications (DApps). The three-day event, which concluded April 26, was held in conjunction with blockchain software technology company ConsenSys, which is currently involved in multiple projects in the Middle East. According to the press release following […]

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University College London Cuts Ties With IOTA, Cites ‘Support For Open Security Research’

University College London’s Centre for Blockchain Technologies has dissolved its ties with the IOTA Foundation, affirming its commitment to “open security research.” The Centre for Blockchain Technologies (CBT) at University College London (UCL) has posted an announcement on its website that it has dissolved its ties with the IOTA Foundation, TNW reported April 28. The note emphasizes CBT’s commitment to “open security research,” and reads in full as follows: “UCL Centre for Blockchain Technologies is no longer associated with the IOTA Foundation. In relation to recent news […]

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, TRON, EOS: Price Analysis, April 30

Technical analysis on top 9 cryptocurrencies. 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. The crypto markets have bottomed out, and analysts are predicting a strong rally from the current levels to the end of the year. While Fundstrat’s Tom Lee believes Bitcoin will trade at $25,000 by […]

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Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov

Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to regulate cryptocurrencies. Also read: Russians Owe 13% Tax on Their Crypto Incomes Taxis Taking Bitcoin Cash Taxi drivers in Rostov on Don are obviously among those Russians who don’t want to wait for […]

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Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities

India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time. The exchange claims that while investigations are underway, permissions are needed from the authorities to start the claims process which it has not yet received. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Repayment Delayed Indian exchange Coinsecure has updated users regarding the disbursement of funds due to stolen bitcoins. The exchange previously confirmed that 438.31859715 BTC were stolen on April 8, worth approximately Rs 20 crore or US$3,067,220. […]

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Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance

While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy.   Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million Binance Brings Jobs, Education and Investment The Premier of Bermuda, Edward David Burt, announced on Friday his government’s new partnership with cryptocurrency exchange Binance. Under the signed agreement, the company […]

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Bitcoin Private Pump And Dump? Or Real Growth?

discussing bitcoin private and its rapid price increase. is just more pumps? or real? todays links What Is Bitcoin Private? Bitcoin Private Price Pump Will run out of Steam Pretty Quickly Historical Bitcoin Private Hard Fork Snapshot Announcement from BitcoinPrivate Sign up with coinbase. buy or sell 100 dollars in crypto currency and get 10 dollars of bitcoin for free with this link to coinbase. https://www.coinbase.com/join/59ab37900671d100b3c25cc5 Want to donate to the channel? Donate Litecoin and send me an email saying how much you sent and I’ll try […]

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