Monthly Archives: November 2019

Aragon Opposes Change to Ethereum’s Mining Algorithm Before 2.0 Version

The Aragon community voted against Ethereum changing its proof-of-work mining algorithm before the release of Ethereum 2.0. The Aragon community has officially proclaimed itself against ProgPOW. ProgPOW is a proposed protocol change to the Ehereum network that would close the efficiency gap available to application-specific integrated circuits.  In a tweet on Nov. 2, the official account of the Aragon project posted voting results, showing that a proposal to block changes to Ethereum’s mining algorithm had passed. ProgPOW would change the Ethereum network’s proof-of-work mining algorithm before the […]

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Britain’s Tax Authority Updates Crypto Guidelines

Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities and private individuals. Also read: Bad Loans at Big British Banks Jump Over 50% in a Year Taxable Activities Listed Multiple tax tools now exist to help crypto users and businesses from the industry with tax reporting. But in a field as fluid as the crypto […]

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Video Review: Coldcard Mk3

In the video above, Bitcoin Magazine reviewed Coinkite’s Coldcard Mk3 bitcoin hardware wallet, evaluating it with a handful of important criteria, including coin control, UTXO selection, Lightning support and more. Appearance and Feel As the second version of Coinkite’s hardware wallet, the Mk3 feels almost identical to the earlier model. It features the same full-sized numeric keypad that you would find on a calculator, which, when applied to a bitcoin wallet, feels very convenient in contrast to clicking the same two buttons to confirm actions (often found […]

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Bitbuy and Cred Open Canadian Bitcoin Lending Platform

Bitbuy, a Canadian cryptocurrency trading platform, has teamed up with the cryptocurrency lender Cred to offer Canadians up to 10 percent annual interest on their bitcoin holdings. The offering has been launched on a subdomain of Cred’s website. According to a press release issued by the partners on November 4, 2019, a fully developed integration of the offering will be launched in early 2020. The release also noted that interest will be paid every three months and that initial terms will be six months long. In addition […]

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Roger Ver Apparently Thinks Bitcoin Cash Value Could Increase 100,000%

Roger Ver said in a recent Facebook post that $5 worth of Bitcoin Cash could someday easily be worth $5,000. Bitcoin Cash’s Roger Ver took to Facebook to announce that he is giving away Bitcoin Cash (BCH) to further spread the adoption of the fourth-largest cryptocurrency by market capitalization. Bitcoin Cash price to increase by almost 100,000 percent? On Nov. 4, the Bitcoin Cash proponent and former CEO of Bitcoin.com, Roger Ver, said that he will send $5 worth of BCH to all of his Facebook friends, […]

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Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank

Huawei has signed a strategic cooperation agreement with the digital currency research unit of the People’s Bank of China. Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy governor Fan Yifei attended the signing of a fintech research cooperation agreement between Huawei and PBoC’s Digital Currency Research Institute at Huawei’s headquarters in Shenzhen. The announcement did not mention details regarding […]

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New Official Register in San Marino Recognizes and Regulates Blockchain Firms

The Republic of San Marino adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. Companies can apply for blockchain certification online The project was initiated by San Marino’s fully state-owned tech innovation company, the Institute for Innovation of the Republic of San Marino, Cointelegraph Italia reports Oct. 22. According to local public service broadcaster San Marino RTV, companies in […]

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Kadena Mainnet Goes Live, New $20M Token Sale Starts Tomorrow

Kadena launched its mainnet alongside its Kadena token wallet, and is planning its third token sale for Nov. 5–Nov. 22. The Kadena network, which is led by JPMorgan blockchain veterans, has gone live on Monday, with the firm announcing a new $20 million token sale. Kadena mainnet launch unlocks mining Kadena coins According to an announcement on Nov. 4, Kadena has launched its mainnet Chainweb alongside the Kadena token wallet Chainweaver. The firm is also planning to carry out its third token sale from Nov. 5–Nov. 22. […]

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Bitcoin Price: Big Move Brewing as $9.5K Becomes Next Key Battleground

Bulls are leading Bitcoin’s weekly price action and this suggests a big move is imminent. Bitcoin price (BTC) closed the week at $9,207, down 3.66%. Despite a surprisingly low volatility weekend, the bulls helped keep Bitcoin price above $9,000 for 10 days and at the time of writing the price continues to consolidate. So far Monday has brought a move higher to retest $9,300, representing a 1% gain. EOS (EOS) and Ether (ETH) have had notable gains on the day with EOS trading over $3.50 and Ethereum […]

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Central Bank Blockchains and Corporate Ledgers Are Still Vaporware

There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some odd reason mainstream pundits believe government-endorsed blockchains will destroy legacy cryptocurrencies. Also Read: Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement ‘The Future of Digital Money Being Shaped by National Governments’ Is a Lie It sure seems like 2015 again, as the mainstream media continues to […]

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