Monthly Archives: November 2018

BTC-e Operator Alexander Vinnik to Go on Hunger Strike, Lawyer Says

Alexander Vinnik, the suspected operator of the infamous BTC-e exchange, plans to start a hunger strike on Monday, days before his next court hearing. The Russian, who has been accused by U.S. authorities of laundering billions of dollars through the now-defunct crypto trading platform, fears he is not going to receive a fair trial.   Also read: BTC-e Successor Wex Loses .nz Domain Complaints About Rights Violations Vinnik, who has been detained in a Greek jail since his arrest in Thessaloniki last summer, is protesting prison conditions […]

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Ohio ‘Appears’ to Be First US State to Accept Bitcoin for Taxes, WSJ Report

The U.S. state of Ohio “appears to be” the first state to accept Bitcoin as a valid payment for taxes. The U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) as tax payment, the Wall Street Journal (WSJ) reports today, Nov. 25. As the WSJ writes, the move initially applies only to businesses, with plans to extend the offering to individual taxpayers in future. Starting this week, Ohio-based businesses will be able register to pay all of their taxes in the […]

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Blockchain Could ‘Speed up the Economy,’ Says Nigerian Presidential Candidate

The presidential candidate of Nigeria’s leading opposition party promises to regulate cryptocurrency if he wins the elections in February. The presidential candidate of Nigeria’s leading opposition party has promised to support blockchain and cryptocurrency, local news outlet the DailyPost article reported Nov. 24. The Nigerian news outlet reportedly analyzed the Peoples Democratic Party (PDP) candidate Atiku Abubakar’s “Get Nigeria Working Again” policy that he reportedly promised to enact if he is elected president February 16, 2019. DailyPost reports that in the document, the politician declared that “he […]

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Snowden: “Large Population” Believes in Bitcoin as Means of Exchange

In a recent interview, former Central Intelligence Agency (CIA) employee and National Security Agency (NSA) subcontractor turned whistleblower, Edward Snowden, argued that the price and value of bitcoin is an expression of the “large population” that believes in its “usefulness” as a means of exchange. Also Read: UK Regulators Plan “Comprehensive Response” to Illicit Crypto Use Edward Snowden Discusses Intrinsic Value of Bitcoin Famed whistleblower, Edward Snowden, recently spoke in favor of bitcoin’s capacity to function as a money during an interview with McSweeney’s. Snowden describes distributed ledger […]

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Bitcoin Slips Below $4,000, EOS Overtakes Bitcoin Cash as Markets Plunge

Crypto markets are facing another massive sell-off, Bitcoin trades below $4,000, down almost 40 percent since mid-November. Sunday, Nov. 25: crypto markets have suffered another crash yesterday and continuing into today, with all top 20 cryptocurrencies by market cap deeply in the red, and Bitcoin (BTC) trading below $4,000. crypto markets are seeing a massive decline of at least 10-15 percent. Stellar (XLM) has suffered the most, down over 20 percent, and trading at $0.14 at press time, according to CoinMarketCap. Market visualization from Coin360 Yesterday, Nov. […]

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Hodler’s Digest, Nov. 19–25: SIX Launches Multi-Crypto ETP, BCH’s Hard Fork Remains Contentious

KPMG releases a report that remains bullish on cryptocurrencies, while Bakkt announces a target launch date for the end of January. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week KPMG Report Notes That Crypto Is a Big Deal, But Needs Institutional Investment Netherlands-based “Big Four” auditor KPMG released […]

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Silk Road Fake Murder Mystery May Be Solved

Rather than round up a series of stories from the deep web, this week we’re focusing on just the one. The tale, concerning Silk Road’s most enduring mystery, is so labyrinthine it warrants recounting in full. Also read: 5 Opsec Errors That Caused Cryptocurrency Users to Lose Everything ‘Redandwhite’ Indicted in Black and White Ross Ulbricht Silk Road is a saga that just won’t end. Every few months, a new prosecution or a trove of freshly discovered clues adds further intrigue to the deep web’s most notorious […]

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Galaxy Digital’s Mike Novogratz: Cryptocurrency Markets Will ‘Flip Next Year’

Mike Novogratz, founder of crypto bank Galaxy Digital, expects the prices of cryptocurrencies to “start moving again next year.” Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23. During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital –  a company that he hopes will become “the Goldman Sachs of crypto” – adding that “it sucks to build a business in a […]

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Markets Update: Cryptocurrencies Continue to Suffer From Deep Losses

It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past seven days. Prices this low have not been seen since the spring of 2017 and at the moment the entire economy of all 2000+ coins has a market valuation of about $128 billion. Also read: Content Creators Can Earn BCH Using the Honest Cash Platform Over $60B Lost During the Last 7 Days A lot of cryptocurrency enthusiasts have been […]

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Will AI-based Agents on Blockchain Replace User Interfaces?

sponsored A Japanese startup is developing the “world’s first” virtual human agent on blockchain. Does your mopping robot or your food processor have names? Do you ascribe a character to them? Unless you’re a robot yourself, you probably do. The entire history of engineering has been about making the most human-like machines possible. We humans are hardwired to process social interactions, so we subconsciously expect machines to be at least somewhat human. We can adapt to dashboards, handles and buttons, but what we really want is an […]

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