Monthly Archives: September 2018

Lightning Ramp and Casa Join Hands to Develop the Casa Lightning Node

The team behind Lightning Ramp, a system that provides customers with faster bitcoin payments, has joined forces with Casa, a “be-your-own-bank” product that provides users with a multi-signature, multi-hardware device and multi-location wallet designed, to offer top-notch security against attacks and theft. Together, both ventures are working to create the Casa Lightning Node, a platform designed to solve many problems associated with Lightning Ramp. Debuting in February 2018, the Lightning Ramp was built to help exchanges connect with the Lightning Network, thereby giving millions of customers access […]

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Lightning Is Made at the #LightningHackday Series in Berlin

As the birthplace of the Chaos Computer Club, the hometown of the mother of all hackerspaces, and what many of the world’s leading privacy activists consider to be a bit of a safe haven, Berlin may be the the strongest center in the world for hacker culture. Maybe that’s what makes the German capital a fertile breeding ground for the ongoing series of Lightning Hackdays (stylized as #LightningHackday). Introduced earlier this year, the series continues to grow, with the third event taking place last weekend. “The first […]

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Swiss Blockchain Company Gains Regulator Approval, Seeks Banking License in 2019

A Swiss blockchain firm has won approval as a financial intermediary from the country’s regulators, and aims to get a banking license in early 2019. Swiss blockchain startup Smart Valor has won approval from the country’s regulators to operate in the local financial market, Reuters reported September 5. Smart Valor will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). The VQF is authorized by FINMA to check anti-money laundering (AML) compliance. Status as […]

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Bitcoin ATM Maker Develops Payment Solution for Cannabis Dispensaries

The legal US cannabis industry growing strong where local authorities have stepped out of its way. However, in combination with banks and credit card companies refusing to provide services to many businesses, restrictions have created a perfect opportunity for alternative systems to prove themselves. Themed altcoins, specialized ICO projects, and other types of crypto ventures, have tried to fill this niche. The latest one is a Bitcoin ATM maker with a payment solution for dispensaries. Also Read: The Daily: Bitcoin Art Merges Canvas and Augmented Reality, Bitmain […]

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Spondoolies Tech is Back With SPx36, a 540 GHS X11 ASIC Miner

Those of you that have been into the world of crypto for longer than two years probably remember the Israeli Bitcoin mining hardware manufacturer Spondoolies-Tech that has shut down its operation back in early 2016, well, the company seems to be back with the same team and a new ASIC miner. This time however Spondoolies Tech is not going for the Bitcoin ASIC market, instead they have announced a very powerful and pretty expensive X11 ASIC miner. Spondoolies Tech SPx36 is a new deice that supposedly can […]

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IBM Introduces ‘World Wire’ Payment System on Stellar Network

IBM has launched a blockchain-based payment system called Blockchain World Wire. According to IBM, the new payment network uses digital currency on Stellar’s blockchain to “clear and settle cross-border payments” in near real time. The Stellar network is a distributed, blockchain-based ledger that facilitates cross-asset transfers of value. Like Ripple, Stellar can handle exchanges between fiat-based currencies and digital assets. Using this protocol, IBM wants to make it possible for financial institutions to move money quickly and reliably, while cutting off intermediaries and complexities associated with traditional […]

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Why Bitcoin Gold Got Delisted From Bittrex

The Bittrex exchange will delist BTG by Sept. 14. Crypto exchange Bittrex is set to delist Bitcoin Gold (BTG), a hard fork of Bitcoin (BTC), by Sept.14, after details of an $18 million hack of the BTG network in May emerged this week. How unexpected was this announcement coming from the exchange, and what are the chances for BTG now that it has found itself in the midst of yet another scandal? “One CPU one vote” ideology: How Bitcoin Gold was created Bitcoin Gold (BTG) is a […]

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Goldman Sachs Puts Plans for a Crypto Trading Desk on Backburner

Goldman Sachs is struggling to find a way to trade bitcoin. The financial services giant has scratched its plans to open a desk for trading cryptocurrencies, at least for the near term, according to a Business Insider report on September 5, 2018. Cryptocurrency markets seemed to respond negatively to the news. Bitcoin dropped roughly 5 percent, falling below $7,000. The rest of the top five cryptocurrencies by market cap toppled by more than 12 percent. Rumors of Goldman setting up a crypto trading desk to make markets […]

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Winklevoss Twins’ Company Files New Patent for Securely Storing Digital Assets

Winklevoss IP, a company owned by twins Cameron and Tyler Winklevoss, has filed a new patent for digital assets security transactions. Cameron and Tyler Winklevoss’ company has filed a new patent for “securely storing digital assets,” the U.S. Patent and Trademark Office (USPTO) revealed Tuesday, September 4. The Winklevoss IP, LLC patent, entitled “Systems and methods for storing digital math-based assets using a secure portal,” includes a new method that allows for the division of a digital asset account “into a plurality of private key segments,” providing […]

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European Parliament Members, Blockchain Experts Meet to Discuss ICO Regulation

During an EU event, Aeternity’s Julio Alejandro claims that there is “no way to legislate” ICOs besides banning crypto exchanges. Members of the European Parliament along with blockchain experts met Tuesday, September 4, to discuss possible regulations for Initial Coin Offerings (ICO). At the recent EU event entitled “Regulating ICOs — Is the Crowdfunding Proposal what we were looking for?” the attendees examined the potential complications currently arising in the ICO industry. Ashley Fox, a British Member of the European Parliament, pinpointed three main issues to consider […]

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