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SHA-256 Mining Hashrate Climbs Significantly in One Year

bitcoin.com | 08-19-2018

Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not […]The post SHA-256 Mining Hashrate Climbs Significantly in One Year appeared first on Bitcoin News.

Categories: Mining|BTC|Trading|Market
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India Bitconnect Head Arrested

bitcoin.com | 08-19-2018

Alleged India Bitconnect head, Divyesh Darji, was arrested this week at a airport in Delhi as he arrived from Dubai. He and conspirators are accused of bilking millions of dollars (Rs 88,000 crore) from Indian investors seeking to find financial refuge during the government’s demonetization campaign. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots […]The post India Bitconnect Head Arrested appeared first on Bitcoin News.

Categories: BTC|Business
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44% of American Executives Think “Blockchain Is Overhyped”, Deloitte Survey Finds

bitcoin.com | 08-19-2018

New indicators point to corporate executives starting to wisen up to the notion that so-called blockchain technology is some kind of cure-all drug for their industries that they can just extract from Bitcoin and drop the cryptocurrency behind. The latest example of this is a recent survey by Deloitte, showing that 44% of American executives […]The post 44% of American Executives Think “Blockchain Is Overhyped”, Deloitte Survey Finds appeared first on Bitcoin News.

Categories: BTC|Blockchain|Technology
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South African Tax Authority Going After Crypto Traders

bitcoin.com | 08-19-2018

The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation. Also read: […]The post South African Tax Authority Going After Crypto Traders appeared first on Bitcoin News.

Categories: Regulation|BTC|Trading|Business
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Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework

bitcoin.com | 08-19-2018

A Mexico-based “prolific bitcoin dealer” has been indicted and held without bond in the US on a number of international money laundering charges. He used Bitfinex for his exchange needs after Coinbase closed his account. His “activities ‘blew a giant hole’ through the legal framework of U.S. anti-money laundering laws,” the Department of Justice wrote. […]The post Prolific Bitcoin Dealer ‘Blew a Giant Hole’ Through US Legal Framework appeared first on Bitcoin News.

Categories: BTC|Regulation|Exchange|Asia
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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto

bitcoin.com | 08-19-2018

In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts […]The post The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto appeared first on Bitcoin News.

Categories: Altcoin|Exchange|BTC|Market
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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

bitcoin.com | 08-19-2018

In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM […]The post Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet appeared first on Bitcoin News.

Categories: BTC|Asia|Exchange|ICO
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Venezuelans to Be Paid at Least Half a Petro a Month

bitcoin.com | 08-19-2018

Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin.    […]The post Venezuelans to Be Paid at Least Half a Petro a Month appeared first on Bitcoin News.

Categories: Regulation|BTC|Fiat|Commodity
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Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance

bitcoin.com | 08-19-2018

Cryptocurrency prices have seen some recovery after our last markets update four days ago when a large majority of digital assets lost quite a bit of value. Since then, and more so over the last 48 hours, the entire crypto-economy capitalization ($216B) has gained roughly $20B. The action yesterday was more bullish as most of […]The post Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance appeared first on Bitcoin News.

Categories: Market|BTC|Trading|ETH|XRP
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Testing the Newly Transformed Non-Custodial Coinbase Wallet

bitcoin.com | 08-18-2018

A while back, the San Francisco-based exchange Coinbase announced the launch of an ethereum-based wallet called Toshi. The application was a private and secure messaging platform tethered to a non-custodial ETH wallet. Now Coinbase has decided to revamp the application and Toshi will become the ‘Coinbase Wallet’ which will not only offer ETH and it’s […]The post Testing the Newly Transformed Non-Custodial Coinbase Wallet appeared first on Bitcoin News.

Categories: ETH|BTC|LTC|Exchange|ICO
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Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures

bitcoin.com | 08-18-2018

The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 Exchanges Inspected South Korea’s government has announced the result […]The post Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures appeared first on Bitcoin News.

Categories: BTC|Asia
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She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career

bitcoin.com | 08-18-2018

She(256) is a clever name for a novel scheme. The female-focused mentorship program is designed to support women entering the cryptocurrency space. In doing so, the program will enable students to benefit from the guidance of a crypto OG – a seasoned professional whose business and technical experience should prove invaluable. The She(256) initiative has […]The post She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career appeared first on Bitcoin News.

Categories: BTC|Blockchain|Trading|Business
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Wendy McElroy: The Jiu-Jitsu of Crypto – Personal Freedom vs Social Change

bitcoin.com | 08-18-2018

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 7 The Jiu-Jitsu of Crypto: Personal Freedom vs Social Change. It is often assumed that power derives from violence and can be controlled only by greater violence. Actually, power derives from sources in the society which may be restricted […]The post Wendy McElroy: The Jiu-Jitsu of Crypto – Personal Freedom vs Social Change appeared first on Bitcoin News.

Categories: BTC
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The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That

bitcoin.com | 08-18-2018

Scammers are threatening to reveal cheating husbands to their wives and asking for bitcoin ransom – check the details in this edition of The Daily. A porn streaming website now rewards its users with tokens, and hair sprays are sold for BTC and BCH. Also, find out what Brits think about blockchain and learn about […]The post The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That appeared first on Bitcoin News.

Categories: BTC|Blockchain|ICO
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Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

bitcoin.com | 08-18-2018

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering […]The post Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos appeared first on Bitcoin News.

Categories: BTC|Exchange
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PR: Contentos Launches Public Content Chain

bitcoin.com | 08-18-2018

Contentos (COS) hosted its ‘Mastering your creativity with COS’ event at Andaz Hotel in Tokyo as part of a global tour. The event attracted major industry executives, including LiveMe CEO Yuki, Ontology founder Li Jun, Danhua Capital partner Selina, COS cofounder Mick, Blockshine CEO Daniel Zhang, Coinbase chief investment officer Ling, DAD Japan head Leslie Wu, PhotoGrid head of products Angela, and Cheez head of operations Wang Xinyuang. The conference also attracted dozens of blockchain enthusiasts from all across Japan, including local university students, blockchain developers, and blockchain entrepreneurs, to learn and better understand how COS is designing its future ecology.The post PR: Contentos Launches Public Content Chain appeared first on Bitcoin News.

Categories: Blockchain|Asia|BTC|Sponsored
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Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims

bitcoin.com | 08-18-2018

Of the top 100 cryptocurrencies listed by market capitalization, only 36 are actually what the authors term “working products” in a study recently published online. Newer ecosystem website, Invest in Blockchain, commissioned the study. It’s sure to be debated, and hotly, as to which coins made the cut to 36, but the authors attempt to […]The post Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims appeared first on Bitcoin News.

Categories: BTC|ETH|LTC|XMR|ZEC
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US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency

bitcoin.com | 08-18-2018

A US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance […]The post US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency appeared first on Bitcoin News.

Categories: BTC|Asia|Regulation
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November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement

bitcoin.com | 08-18-2018

Blockchain development firm Nchain has announced the company’s plans to launch a new Bitcoin Cash full node client called ‘Bitcoin SV.’ Lead developer Daniel Connolly has published the specifications for re-enabling old opcodes for the November 2018 BCH upgrade. So far the unpublished codebase has seen vocal support from the mining pool Coingeek, but right […]The post November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement appeared first on Bitcoin News.

Categories: BTC|Mining|Blockchain
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Developing an ICO Project in Russia Can Cost as Little as $1,500

bitcoin.com | 08-17-2018

The average cost to develop an ICO project in Russia is hovering around $18,000 USD but the price can go down to as little as $1,500, according to a study that explores the market for such services. The hourly rate for a blockchain developer is averaging a little over $44, the authors found after surveying […]The post Developing an ICO Project in Russia Can Cost as Little as $1,500 appeared first on Bitcoin News.

Categories: ICO|Blockchain|BTC|Market|Trading
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Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

bitcoin.com | 08-17-2018

Kryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly […]The post Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint appeared first on Bitcoin News.

Categories: Mining|BTC|Sponsored
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How a Tokyo FOMO Family Invested in Bitcoin and Lost

bitcoin.com | 08-17-2018

There’s an issue, in Japan, with certain high income families being unable to save money. Here’s the story of a Japanese household of four, living in the Tokyo Bay area, in a high-end tower apartment, repaying multiple loans and having unnecessary spending. Every month the household was using up their entire revenue and they couldn’t […]The post How a Tokyo FOMO Family Invested in Bitcoin and Lost appeared first on Bitcoin News.

Categories: BTC|Asia|Business
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Mining Round-Up: Nvidia Shares Drop, College Students Mine on Campus

bitcoin.com | 08-17-2018

In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students […]The post Mining Round-Up: Nvidia Shares Drop, College Students Mine on Campus appeared first on Bitcoin News.

Categories: Mining|BTC|Trading|Business
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P2P Markets Report: Record-Breaking Volume Across VEB, ARS, and PHP Markets

bitcoin.com | 08-17-2018

The peer-to-peer BTC markets of numerous emerging markets have witnessed significant action this past week, with the Localbitcoins markets of Venezuela, Argentina, and the Philippines posting record weekly fiat trade volume. The P2P markets of Tanzania and the Dominican Republic also saw notable surges in trading activity. Also Read: Huobi Launches Partner Exchanges in Russia, Philippines, […]The post P2P Markets Report: Record-Breaking Volume Across VEB, ARS, and PHP Markets appeared first on Bitcoin News.

Categories: Market|BTC|Trading|Fiat
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UK Exchange Launches First FCA-Regulated Bitcoin Cash Futures Contracts

bitcoin.com | 08-17-2018

The UK-based cryptocurrency futures exchange, Crypto Facilities, has announced the launch of the first Bitcoin Cash – Dollar (BCH/USD) futures. Crypto Facilities is regulated by the U.K. Financial Conduct Authority (FCA) and the new BCH futures products will join the firm’s other crypto-based contracts at 4 pm UK time on Friday, August 17th. Also read: Handcash […]The post UK Exchange Launches First FCA-Regulated Bitcoin Cash Futures Contracts appeared first on Bitcoin News.

Categories: BTC|Exchange|Fiat
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Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

bitcoin.com | 08-17-2018

In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to […]The post Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners appeared first on Bitcoin News.

Categories: BTC|Fiat
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The Daily: Binance Launches in Liechtenstein, ZB.com Opens Office in Malta

bitcoin.com | 08-17-2018

Crypto exchange Binance is launching a fiat-to-crypto trading platform in Liechtenstein and you can find the details about the joint venture with LCX in The Daily. We’ve also got reports about ZB.com opening a new office in Malta, Coinsilium investing in crypto trading platform Bundle, and the rebranding of the Toshi crypto wallet as Coinbase […]The post The Daily: Binance Launches in Liechtenstein, ZB.com Opens Office in Malta appeared first on Bitcoin News.

Categories: Exchange|BTC|Trading|ETH|LTC
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PR: Token Creation Now Available on Bitcoin Cash via BITBOX – Bitmain Wormhole Partnership

bitcoin.com | 08-17-2018

Bitcoin.com launches a powerful developer framework for token creation on the Bitcoin Cash blockchain, adding a significant rival to Ethereum, just days after Bitmain announced their Wormhole protocol.Developed by Bitmain, Wormhole--an Omni Layer fork--represents the latest step in enabling crowdsales, tokenization, ICO creation, and permissionless smart contracts, all on Bitcoin Cash (BCH) and without altering BCH consensus rules.The post PR: Token Creation Now Available on Bitcoin Cash via BITBOX – Bitmain Wormhole Partnership appeared first on Bitcoin News.

Categories: BTC|ICO|ETH|Blockchain|Sponsored
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Altcoin Purge Begins: Okex Delists 28 Token Pairs

bitcoin.com | 08-17-2018

As part of what some observers are calling a purge of alternative coins during the cryptocurrency bear market, Hong Kong-based exchange Okex announced they would be delisting and hiding certain token pairs, more than two dozen in total. It comes at time when the exchange is dealing with its own internal problems in a year, […]The post Altcoin Purge Begins: Okex Delists 28 Token Pairs appeared first on Bitcoin News.

Categories: ICO|Exchange|Altcoin|BTC|Market
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Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada

bitcoin.com | 08-17-2018

Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs. Also read: Yahoo! Japan Confirms Entrance Into […]The post Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada appeared first on Bitcoin News.

Categories: Asia|BTC|USDT|Exchange|Market
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Bitcoin Stickers Attract Unwanted Attention from Authorities

bitcoin.com | 08-17-2018

Bitcoin, while becoming more widely known and a little better understood among the general public, is still considered suspicious among rank and file security folk such as customs and airport agents. Security expert Matt Mitchell warns enthusiasts might want to cover up when it comes to stickers and other social advertisements announcing their crypto love. […]The post Bitcoin Stickers Attract Unwanted Attention from Authorities appeared first on Bitcoin News.

Categories: BTC
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Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings

bitcoin.com | 08-17-2018

Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based […]The post Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings appeared first on Bitcoin News.

Categories: BTC|Asia|Regulation|Exchange|Market
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Handcash Launches Pop — A New BCH Point-of-Sale Companion Application

bitcoin.com | 08-17-2018

This week the developers of the NFC-enabled Bitcoin Cash (BCH) wallet, Handcash, have announced the launch of a new companion application called ‘Handcash Pop.’ The Pop platform provides Handcash users with a point-of-sale (PoS) platform that is tethered to their wallet’s handle so merchants can easily make payment requests for bitcoin cash. Also read: Bitangels Co-Founder […]The post Handcash Launches Pop — A New BCH Point-of-Sale Companion Application appeared first on Bitcoin News.

Categories: BTC
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Michelle Mone’s ICO Ends in Disarray as Equi Capital Fiasco Turns Ugly

bitcoin.com | 08-16-2018

Equi Capital’s ICO has ended in acrimony, with bounty hunters claiming to have been offered a pittance of what they were promised. The project is led by Baroness Michelle Mone, who describes herself as “one of the United Kingdom’s most celebrated entrepreneurs”. The fallout sheds light on the plight of low income workers who toil […]The post Michelle Mone’s ICO Ends in Disarray as Equi Capital Fiasco Turns Ugly appeared first on Bitcoin News.

Categories: ICO|BTC
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Pantera Capital Already Raises Over $70 Million for Its Third Crypto Fund

bitcoin.com | 08-16-2018

Pantera Capital, one of the largest US-based institutional holders of cryptocurrencies, has already raised more than $70 million for its third crypto fund. And the first investment by Pantera Venture Fund III went to Intercontinental Exchange’s Bakkt. Also Read: The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID $175 Million Crypto […]The post Pantera Capital Already Raises Over $70 Million for Its Third Crypto Fund appeared first on Bitcoin News.

Categories: BTC|ICO
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Regulations Roundup: This Fall May Bring More Crypto-Friendly Jurisdictions

bitcoin.com | 08-16-2018

August is not the best period for important decisions but it seems a good time to sketch plans for the second active half of the year. Authorities in several countries have shared their intentions regarding the regulation and oversight of the crypto space. The club of crypto-friendly jurisdictions may accept new members this fall. Others […]The post Regulations Roundup: This Fall May Bring More Crypto-Friendly Jurisdictions appeared first on Bitcoin News.

Categories: Regulation|BTC|ICO
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PR: Vaultbank Partners with Kingdom Trust for Qualified Custodial Services for Crypto Assets

bitcoin.com | 08-16-2018

Vaultbank has partnered with Kingdom Trust to provide a qualified custodial solution for digital assets. Vaultbank has built a digital asset platform allowing for the tokenization of real assets and financial instruments. The Kingdom Trust-Vaultbank partnership allows our customers to have institutional grade custody and reporting.The post PR: Vaultbank Partners with Kingdom Trust for Qualified Custodial Services for Crypto Assets appeared first on Bitcoin News.

Categories: BTC|Asia|Sponsored
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Nchain Plans to Launch a BCH Full Node Client Called ‘Bitcoin SV’

bitcoin.com | 08-16-2018

On Thursday, August 16 the blockchain research and development firm Nchain has officially announced a new Bitcoin Cash (BCH) full node implementation is in the works called Bitcoin SV (Satoshi’s Vision). Nchain says the full node client was developed at the request of the mining pool Coingeek and other BCH miners who support Satoshi’s “original […]The post Nchain Plans to Launch a BCH Full Node Client Called ‘Bitcoin SV’ appeared first on Bitcoin News.

Categories: BTC|Mining|Blockchain
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‘Crypto’ Thriller Starring Kurt Russell in Post-Production – Producers Share Details

bitcoin.com | 08-16-2018

Crypto, an upcoming cryptocurrency-themed movie starring Kurt Russell and Alexis Bledel, is currently in post-production. The producers share their thoughts, confirming that the “overall message of the movie is positive” despite it being a thriller centered on crime and corruption. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ‘Crypto’ Thriller Coming Soon The upcoming […]The post ‘Crypto’ Thriller Starring Kurt Russell in Post-Production – Producers Share Details appeared first on Bitcoin News.

Categories: BTC|Asia
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Bitcoin Not Dead, Again: Washington Post Gets Schooled

bitcoin.com | 08-16-2018

Castle Island Ventures partner and cofounder of Coinmetrics.io, Nic Carter, has had quite enough. Made crazy by mainstream media misunderstanding, ignorance, and downright falsehoods regarding cryptocurrencies, he took to Medium, making the case for why Bitcoin is not dead, again. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots “Bitcoin is Still a Total Disaster” […]The post Bitcoin Not Dead, Again: Washington Post Gets Schooled appeared first on Bitcoin News.

Categories: BTC|Mining
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The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID

bitcoin.com | 08-16-2018

In today’s edition of Bitcoin in Brief we cover stories about John McAfee refusing to acknowledge his “unhackable” wallet has been hacked after tinkerers were able to install Doom on the device, Coinbase wanting to become a verified identity service, and more. Also Read: Bitwise Launches Three New Cryptocurrency Market Index Funds McAfee Refuses to […]The post The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID appeared first on Bitcoin News.

Categories: BTC|Market
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Amateur Crypto Investors Caused the Burst, Japanese Expert Says

bitcoin.com | 08-16-2018

Strengthening regulations will increase crypto investors’ protection, and the amateur speculation bubble will end, says Masayuki Tashiro, representative director of Fiscalo Digital Asset Group and market analyst, who handles a crypto business in Japan. The real value of cryptocurrency will be questioned after we leave the bubble, the expert says. Also read: Japanese Association Seeks Authority […]The post Amateur Crypto Investors Caused the Burst, Japanese Expert Says appeared first on Bitcoin News.

Categories: Business|BTC|Asia|Market
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PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion

bitcoin.com | 08-16-2018

On 16th August 2018, Bibox, a leading AI-enhanced digital asset trading platform, announced its acquisition of Chain Capital that owns Swiss VQF license. VQF itself is the largest cross-industry Self-Regulatory Organization (SRO) with the longest history that meets the standards established by the Financial Services Standards Association (FINMA). All the members of VQF also need to meet the most serious requirements in order to get a membership. Moreover, their membership means that all their operations are carried out in strict compliance with the Anti-Money Laundering Act in Switzerland. This acquisition enables Bibox to conduct digital currency business in Europe going forward.The post PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion appeared first on Bitcoin News.

Categories: Asia|BTC|Trading|Business|Sponsored
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Thai SEC: Only Seven Crypto Firms Authorized to Legally Operate in Thailand

bitcoin.com | 08-16-2018

The Thai Securities and Exchange Commission (SEC) has announced the names of seven cryptocurrency firms that have been authorized to legally operate in the country. Five of them are crypto exchanges; two are cryptocurrency dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Seven Crypto Firms Authorized The Thai SEC has announced the names […]The post Thai SEC: Only Seven Crypto Firms Authorized to Legally Operate in Thailand appeared first on Bitcoin News.

Categories: Regulation|BTC|Exchange|Asia|ICO
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Bitangels Co-Founder Sues AT&T for $224 Million Over Cryptocurrency Hack

bitcoin.com | 08-16-2018

The cryptocurrency investor Michael Terpin is suing the large telecom firm AT&T because his mobile phone was compromised by hackers who stole $24M USD worth of digital assets. Terpin says he was hacked twice in less than a year and employees at AT&T participated in a SIM swap fraud. Also read: Fivebucks.com: Meet the Freelancer’s Marketplace […]The post Bitangels Co-Founder Sues AT&T for $224 Million Over Cryptocurrency Hack appeared first on Bitcoin News.

Categories: BTC|Business
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Five Benefits to a Bear Market

bitcoin.com | 08-16-2018

We’ve been in a slump for a while now, and by the looks of it will remain in one for a good while longer. How long, how low, and how slow the recovery is anyone’s guess. If you’re reading these words, you’re still here, and thus it’s safe to assume you’re in this for the […]The post Five Benefits to a Bear Market appeared first on Bitcoin News.

Categories: Trading|Market|BTC
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Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip

bitcoin.com | 08-16-2018

On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies. […]The post Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip appeared first on Bitcoin News.

Categories: Mining|BTC|Blockchain|Altcoin
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Fivebucks.com: Meet the Freelancer’s Marketplace Powered by Bitcoin Cash

bitcoin.com | 08-15-2018

Three days ago a new freelancer’s marketplace was launched called Fivebucks.com, a platform that allows people to purchase and sell services for only $5. The new website has seen an influx of listings since it launched and all the payments, both inbound and outbound, utilize the peer-to-peer cryptocurrency bitcoin cash. Also read: Report: 15,000 Twitter […]The post Fivebucks.com: Meet the Freelancer’s Marketplace Powered by Bitcoin Cash appeared first on Bitcoin News.

Categories: BTC
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Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals

bitcoin.com | 08-15-2018

Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.    Also read: New Player to […]The post Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals appeared first on Bitcoin News.

Categories: XMR|Mining|BTC|Market|Trading
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Crowd Source or Complete Tasks With Bitcoin.com’s Bounty Hunter Portal

bitcoin.com | 08-15-2018

Ever since the Bitcoin network was launched the online world of digital bounty hunting began to prosper significantly, allowing individuals the ability to scour the web for jobs that pay in cryptocurrency. Just recently Bitcoin.com revamped its portal, Bitcoin Bounty Hunter, a service that allows anyone to anonymously crowd source bounties to complete tasks. Armchair […]The post Crowd Source or Complete Tasks With Bitcoin.com’s Bounty Hunter Portal appeared first on Bitcoin News.

Categories: BTC