Monthly Archives: March 2020

Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium

A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell for a 10-20% premium compared to coins sold on the open market. Even though the subject of ‘clean’ and ‘tainted’ bitcoins is debatable, the following editorial is a look at why virgin bitcoins might be sought after and why institutional investors and even criminals want to acquire […]

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India Ban Overturned, BTC Owners Warned They’ll Lose Everything, Hodler’s Digest, Mar. 2–8

A controversial crypto ban overturned in India, the new Bank of England governor slams Bitcoin, and Jack Dorsey gets backing as Twitter CEO. Coming every Sunday, Hodler’s Digest will help you 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 India’s Supreme Court overturns controversial ban on banks servicing crypto firms There’s a lot to chew concerning movements in […]

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Central Bank Officials: DLT Can Improve the Global Financial System

At MIT Bitcoin Expo 2020, monetary experts debate what form a central bank digital currency may take. On March 7, three monetary and cryptocurrency experts discussed the challenges and prospects of central bank-issued digital currencies at the Massachusetts Institute of Technology (MIT) Bitcoin Expo 2020. The panelists acknowledged that distributed ledger technologies (DLT) could improve the existing global monetary system, however, argued that significant challenges persist regarding the privacy, interoperability, and scalability of blockchains. IMF official: central banks must not rush to adopt DLT Sonja Davidovic, an […]

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CryptoKitties’ Dieter Shirley on Breaking Ethereum and NFTs

Cointelegraph spoke to CryptoKitties co-creator Dieter Shirley to get his thoughts on breaking Ethereum, non-fungible tokens, and the Flow blockchain. On March 5, Dapper Labs, the team behind the popular blockchain game CryptoKitties, launched ‘Flow Playground’ — an interactive platform allowing developers to experiment with creating non-fungible tokens (NFTs) and smart contracts on the company’s forthcoming Flow blockchain. Cointelegraph spoke to Dapper Labs co-founder and CryptoKitties co-creator Dieter Shirley on the launch of Flow Playground, the lessons he learned from breaking Ethereum with CryptoKitties, and his advice […]

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Countries That First Outlawed Crypto but Then Embraced It

Top jurisdictions that have outlawed Bitcoin and cryptocurrencies are now starting to rethink their stance. As time progresses, the revolution of peer-to-peer digital currencies picks up speed. Now, countries like India and Iran, which previously had a harsh legal stance on cryptocurrencies, are warming up to the idea of adopting them. In India, for instance, the Supreme Court has struck down a blanket ban that was placed on banks dealing with crypto-related businesses back in April 2018.  In Iran — while the country’s central bank had issued […]

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Diversity and Inclusion Major Themes at Hyperledger Global Forum 2020

Hyperledger Global Forum 2020 shows why diverse inclusion is important for blockchain events, highlighting women and minority speakers. Hyperledger Global Forum 2020 took place March 3-6 in Phoenix, Arizona, bringing together hundreds of attendees from the Hyperledger community. While enterprise blockchains, open-source projects, and other subject matters were discussed, diversity and inclusion served as the underlying theme of the conference. Fortune 500 consulting firm, Accenture, sponsored a diversity happy hour on the opening night of Hyperledger Forum. This event served to raise awareness for inclusion in the […]

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Crex24 Exchange Accused of Hiding Hack From Customers

A small Estonian crypto exchange has come under fire for suspending 61 altcoin pairings and freezing customer funds without explanation. Users are accusing Estonian cryptocurrency exchange, Crex24, of hiding the scale of a hack from its users after suspending trade for several altcoin pairings.  Crex24’s members claim that the exchange has not given an explanation for its suspension of more than sixty altcoins. The exchange has also frozen withdrawal and deposit services for many of the platform’s coins. Despite the apparent disruption to services and calls for […]

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Who Is Satoshi Nakamoto? An Introduction to Bitcoin’s Mysterious Founder

The true identity of the creator of Bitcoin is one of the biggest mysteries in the modern world. Over the years many theories have popped up about who Satoshi Nakamoto really is, including a time traveler, a space alien, a rogue artificial intelligence or a front for groups such as the NSA, CIA and Yakuza. This article will present only the known facts about him and the more likely candidates who people suspect may be be the elusive figure. Also Read: 10 People Who Might Be Satoshi […]

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Proving That Tether Manipulated Bitcoin 2017 Bull Run Won’t Be Easy

USDT remains the largest stablecoin by far and is listed on all the major exchanges and wallets. Sogani: “Any [court] decision will impact the industry directly.â€� The iFinex–Tether market manipulation lawsuit continues. Last week, Judge Katherine Failla of the Southern District of New York selected Roche Cyrulnik Freedman as interim lead plaintiff counsel, and four civil actions were consolidated into a single class action: Leibowitz v. iFinex Inc.  In the complaints, iFinex’s subsidiary, Bitfinex, and related stablecoin Tether (USDT) are charged with manipulating the Bitcoin market in […]

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Bitcoin Slides Another 10% But Don’t Break Out the $4K Charts Just Yet

Bitcoin price is taking a tumble below $8,200 amidst an impending record mining difficulty increase, which may provide some bullish respite for the BTC market. Bitcoin (BTC) bears are at it again, driving the price down nearly another 10% on March 8 during the weekend when volume is at its thinnest.  So is the pre-halving rally over already? Or is it just about to get started? Daily crypto market performance. Source: Coin360.com The 4-hour outlook  BTC USD 4-hour chart. Source: TradingView Bitcoin broke out of a worrying […]

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