Monthly Archives: July 2018

A Look at the Long and Annoying Process of Claiming Bitcoin Forks

Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the time to claim. Over the past three weeks, news.Bitcoin.com started the process of collecting as many forks as we can, just to see if the processes are easy or how hard it […]

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Indian Police Seek to Sell Crypto and Bypass RBI Ban

Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. The RBI ban is now in effect and a growing number of crypto exchanges have already announced they will no longer allow withdrawals from cryptocurrencies into rupees. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Permits Police to Liquidate Cryptocurrencies In connection with a bitcoin scam, the Pune police’s “cybercrime cell […]

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Crypto Markets Hold Weekly Gains Amidst Little Action

With crypto markets seeing little action over the past 24 hours, all major coins have nevertheless managed to keep their weekly gains. Saturday, July 7: there is little action on the crypto markets today, with most coins either up or down by small percentages over the last 24 hours, according to Coinmarketcap. The total market capitalization is up by a little under $1 billion since the same time yesterday. Market visualization from Coin360 Bitcoin (BTC) is hovering around $6,635 as of press time. While it is experiencing […]

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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”

In recent regulatory news, U.K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U.K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report calling cryptocurrency a “fallacy.” Also Read: China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks U.K. Minister Calls for Creation of “Chief Blockchain Officer” Tory MP, Eddie Hughes, has distributed […]

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Crypto Trading Platform Releases an Arbitrage Trading Soft for Beginners

sponsored A new platform aims to democratize arbitrage trading for inexperienced users and make them capable to compete to day traders. Having launched in November 2017, Arbitao, a London-based startup, has introduced its platform for arbitrage trading — the term comes from professional trading and refers to buying and selling the same asset and making profits on differing prices. The platform is already available for experienced users, as well as for novice traders with smaller budgets. Wide coverage The company representatives say that the platform has been […]

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Facebook Director of Engineering Moves to Same Position at Company’s Blockchain Team

Facebook’s Evan Cheng has now become Director of Engineering at the social media giant’s blockchain team. Evan Cheng, Facebook’s Director of Engineering of three years, has now moved to the same position at the company’s recently established blockchain team, TechCrunch reported Friday, July 6. The software engineer has updated his LinkedIn profile to reflect the newly acquired position, and the change has also been confirmed to TechCrunch by Facebook. Prior to this, Cheng was heading Programming Languages and Runtimes at Facebook for about three years. Before joining […]

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US Presidential Candidate Would Pardon Snowden, Ulbricht on First Day

Former Vice Chair of the national Libertarian Party in the United States, Arvin Vohra, announced his candidacy for President. Among keys to his platform is his stated position: “On the first day of my presidency. I will pardon those in prison who have neither harmed anyone nor stolen anything. I will start with @Snowden and @RossUlbricht,” he recently tweeted. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation US Presidential Candidate Urges Pardons of Edward Snowden and Ross Ulbricht Education entrepreneur and principled libertarian […]

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Wendy McElroy: The Free Market Can Provide Law

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 3 The Free Market Can Provide Law Crypto is the Wild West, and there ought to be a law. I agree. But agreement is the beginning of a vigorous dispute. It comes down to the question of “what is law?” Crypto may seem to be its own law and legal sanction. Those who use the blockchain consent; the protocol enforces its own consensus by virtue of participation. It is an elegant […]

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Ethereum’s Vitalik Buterin Blasts Centralized Crypto Exchanges: ‘I Hope They Burn in Hell’

Ethereum co-founder argues that “better” decentralized exchanges will satisfy the “blockchain values” of “openness and transparency.” Co-founder of Ethereum (ETH) Vitalik Buterin criticized centralized exchanges, saying that he hopes they will “burn in hell,” in an interview with a TechCrunch journalist Jon Evans, July 6. Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the  crypto community should be able to take away the “stupid King making power” from centralized crypto exchanges. “I definitely personally hope centralized exchanges burn in hell […]

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The Daily: Bitcoin Enters Indian Politics, Blockchain Obsession Grows

On the backdrop of recent developments concerning the status and the future of cryptocurrencies in India, Bitcoin has been dragged into a political scandal between the country’s two major parties. We’ve covered the story in today’s Bitcoin in Brief. Also in the daily, check the details around some BCH-related projects and services, as well as the latest incarnations of the blockchain technology.  Also read: Bittrex Invades Europe and Blockchain Gets Raunchy Bitcoin in a Blame Game With all the emotion surrounding the fate and future of cryptocurrency […]

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