The Implications of Bitcoin’s Blockchain Growth
Bitcoin is based on a blockchain, which is a string of blocks, where each block includes numerous transactions. The total size of the blockchain is inexorably growing, and this has implications for the future of running Bitcoin nodes. Currently, the Bitcoin blockchain is 178.8 GB in size as of this writing on 14 August 2018, a size so large that it is difficult to download and a significant obstacle towards running a full Bitcoin node.
Read the full article at https://bitcoinnews.com/the-implications-of-bitcoins-blockchain-growth/
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Price Poor Metric to Judge Bitcoin, Says CoinShares
Digital asset management company CoinShare’s chief strategist Meltem Demirors featured on CNBC’s Fast Money on Monday, where she discussed the problematic nature of judging Bitcoin on price alone.
Read the full article at https://bitcoinnews.com/price-poor-metric-to-judge-bitcoin-says-coinshares/
Digital asset management company CoinShare’s chief strategist Meltem Demirors featured on CNBC’s Fast Money on Monday, where she discussed the problematic nature of judging Bitcoin on price alone.
Read the full article at https://bitcoinnews.com/price-poor-metric-to-judge-bitcoin-says-coinshares/
China Releases Blockchain Guidebook for Bureaucrats
The Communist Party of China (CPC) has published a blockchain guidebook that observes the technology’s key features scientifically, the origins and future applications, as well as approaching challenges.
Read the full article at https://bitcoinnews.com/china-releases-blockchain-guidebook-for-bureaucrats/
The Communist Party of China (CPC) has published a blockchain guidebook that observes the technology’s key features scientifically, the origins and future applications, as well as approaching challenges.
Read the full article at https://bitcoinnews.com/china-releases-blockchain-guidebook-for-bureaucrats/
Bitcoin Is Better Than Gold
With the increasingly frequent comparisons of Bitcoin to gold, both as a store of value and a means of transferring value as a form of payment, traditional investors are now weighing in on the advantages of the world’s most popular cryptocurrency.
Is Bitcoin superior to gold for use as a currency?
Read the full article at https://bitcoinnews.com/bitcoin-is-better-than-gold/
With the increasingly frequent comparisons of Bitcoin to gold, both as a store of value and a means of transferring value as a form of payment, traditional investors are now weighing in on the advantages of the world’s most popular cryptocurrency.
Is Bitcoin superior to gold for use as a currency?
Read the full article at https://bitcoinnews.com/bitcoin-is-better-than-gold/
Spanish Political Coalition Calls for Regulatory Body to Explore Crypto
Spanish coalition party Unidos Podemos is proposing a body to oversee the implementation of blockchain technology and crypto regulation in the country.
Read the full article at https://bitcoinnews.com/spanish-political-coalition-calls-for-regulatory-body-to-explore-crypto/
Spanish coalition party Unidos Podemos is proposing a body to oversee the implementation of blockchain technology and crypto regulation in the country.
Read the full article at https://bitcoinnews.com/spanish-political-coalition-calls-for-regulatory-body-to-explore-crypto/
Square Cash on Track to Become Coinbase Competitor
Square Cash appears to have what it takes to become a serious competitor to Coinbase, with Bitcoin buying and selling service now available across the entire United States for the first time.
Read the full article at https://bitcoinnews.com/square-cash-on-track-to-become-coinbase-competitor/
Square Cash appears to have what it takes to become a serious competitor to Coinbase, with Bitcoin buying and selling service now available across the entire United States for the first time.
Read the full article at https://bitcoinnews.com/square-cash-on-track-to-become-coinbase-competitor/
Academia in China Receive Millions for Blockchain, E-Payment, AI Research
More funding is being pumped into the blockchain infrastructure in China as four universities are receiving a grant for an interdisciplinary research effort to examine artificial intelligence (AI), enhancing the security of electronic payment systems and blockchain technology applications.
Read the full article at https://bitcoinnews.com/academia-in-china-receive-millions-for-blockchain-e-payment-ai-research/
More funding is being pumped into the blockchain infrastructure in China as four universities are receiving a grant for an interdisciplinary research effort to examine artificial intelligence (AI), enhancing the security of electronic payment systems and blockchain technology applications.
Read the full article at https://bitcoinnews.com/academia-in-china-receive-millions-for-blockchain-e-payment-ai-research/
Ethereum Declining Rapidly Relative to Bitcoin
After enjoying a year of popularity for its smart contract functionality, Ethereum has seen a rapid general decline relative to Bitcoin, with a dominance percentage hovering at 14% and dropping, while Bitcoin’s is at 54% and rising.
Read the full article at https://bitcoinnews.com/ethereum-declining-rapidly-relative-to-bitcoin/
After enjoying a year of popularity for its smart contract functionality, Ethereum has seen a rapid general decline relative to Bitcoin, with a dominance percentage hovering at 14% and dropping, while Bitcoin’s is at 54% and rising.
Read the full article at https://bitcoinnews.com/ethereum-declining-rapidly-relative-to-bitcoin/
10-Year Token Payment Delay Show Rare Developer Commitment
Beijing-based startup Nebulas has made the decision to postpone the initial coin offering (ICO) team’s token payments. They added an additional seven years to prove their determination for the company’s success, in a rare case of altruism for the lambasted industry.
Read the full article at https://bitcoinnews.com/10-year-token-payment-delay-show-rare-developer-commitment/
Beijing-based startup Nebulas has made the decision to postpone the initial coin offering (ICO) team’s token payments. They added an additional seven years to prove their determination for the company’s success, in a rare case of altruism for the lambasted industry.
Read the full article at https://bitcoinnews.com/10-year-token-payment-delay-show-rare-developer-commitment/
China’s IT Ministry Focuses on Blockchain for Data Security
The Chinese Ministry of Industry and Information Technology (MIIT) has listed a blockchain research laboratory in its list of key labs for the year, published by the government department on Monday.
Read the full article at https://bitcoinnews.com/chinas-it-ministry-focuses-on-blockchain-for-data-security/
The Chinese Ministry of Industry and Information Technology (MIIT) has listed a blockchain research laboratory in its list of key labs for the year, published by the government department on Monday.
Read the full article at https://bitcoinnews.com/chinas-it-ministry-focuses-on-blockchain-for-data-security/
BitcoinNews.com 8/6/2018 Daily Radio Show
This edition of the BitcoinNews.com daily radio show starts with a Bitcoin market update, followed by a story about a study which found that the USD is dominant in the global Bitcoin markets, the ex-CTO of Qiwi used 100,000 payment terminals to mine 500,000 Bitcoins which are now worth USD 4 billion, and a story about a Bitcoin Dealer called Morpheus Titania who ended up in prison for 41 months after police entrapped him, serving as a warning for all other Bitcoin dealers who operate without licenses.
Follow the show at https://anchor.fm/dashboard/episode/e1vg7n
Video https://www.youtube.com/watch?v=KIFSnLu0LfA
This edition of the BitcoinNews.com daily radio show starts with a Bitcoin market update, followed by a story about a study which found that the USD is dominant in the global Bitcoin markets, the ex-CTO of Qiwi used 100,000 payment terminals to mine 500,000 Bitcoins which are now worth USD 4 billion, and a story about a Bitcoin Dealer called Morpheus Titania who ended up in prison for 41 months after police entrapped him, serving as a warning for all other Bitcoin dealers who operate without licenses.
Follow the show at https://anchor.fm/dashboard/episode/e1vg7n
Video https://www.youtube.com/watch?v=KIFSnLu0LfA
Crypto Hedge Funds Face Tax Uncertainty
With US government scrutiny focusing in on cryptocurrencies, hedge funds face tense uncertainty due to the unclear tax regulations regarding digital currency assets.
Read the full article at https://bitcoinnews.com/crypto-hedge-funds-face-tax-uncertainty/
With US government scrutiny focusing in on cryptocurrencies, hedge funds face tense uncertainty due to the unclear tax regulations regarding digital currency assets.
Read the full article at https://bitcoinnews.com/crypto-hedge-funds-face-tax-uncertainty/
Saudi Arabia Declares Bitcoin Illegal
Saudi Arabia has banned virtual currency, including Bitcoin and all other cryptocurrencies. This is the decision of the standing committee for awareness on dealing in unauthorized securities activities in the foreign exchange market, which was formed by the Capital Market Authority, Ministry of Interior Membership, Ministry of Media, Ministry of Commerce and Investment, and the Saudi Arabian Monetary Authority (SAMA).
Read the full article at https://bitcoinnews.com/saudi-arabia-declares-bitcoin-illegal/
Saudi Arabia has banned virtual currency, including Bitcoin and all other cryptocurrencies. This is the decision of the standing committee for awareness on dealing in unauthorized securities activities in the foreign exchange market, which was formed by the Capital Market Authority, Ministry of Interior Membership, Ministry of Media, Ministry of Commerce and Investment, and the Saudi Arabian Monetary Authority (SAMA).
Read the full article at https://bitcoinnews.com/saudi-arabia-declares-bitcoin-illegal/
Facebook Puts Down Stellar Partnership Rumors
Amid the blockchain and cryptocurrency rumors surrounding social media giant Facebook, the company has now denied being in talks with cryptocurrency firm Stellar.
Read the full article at https://bitcoinnews.com/facebook-puts-down-stellar-partnership-rumors/
Amid the blockchain and cryptocurrency rumors surrounding social media giant Facebook, the company has now denied being in talks with cryptocurrency firm Stellar.
Read the full article at https://bitcoinnews.com/facebook-puts-down-stellar-partnership-rumors/
Two Microsoft Patents Pending to Tighten Blockchain Security via TEE
Microsoft has applied for two new patents which would give the computer giant the potential to utilize trusted execution environments (TEEs) in its blockchain network.
Read the full article at https://bitcoinnews.com/two-microsoft-patents-pending-to-tighten-blockchain-security-via-tee/
Microsoft has applied for two new patents which would give the computer giant the potential to utilize trusted execution environments (TEEs) in its blockchain network.
Read the full article at https://bitcoinnews.com/two-microsoft-patents-pending-to-tighten-blockchain-security-via-tee/
India may Implement Crypto Token Specifically for Financial Transactions
The finance ministry of India is taking an interesting approach to digital tokens despite having a ban on cryptocurrencies; a new committee is examining the possibility of setting up a legitimized crypto token payment system.
Read the full article at https://bitcoinnews.com/india-may-implement-crypto-token-specifically-for-financial-transactions/
The finance ministry of India is taking an interesting approach to digital tokens despite having a ban on cryptocurrencies; a new committee is examining the possibility of setting up a legitimized crypto token payment system.
Read the full article at https://bitcoinnews.com/india-may-implement-crypto-token-specifically-for-financial-transactions/
Could Wall Street Banks Become Crypto Custody Specialists?
Wall Street banks are slowly beginning to consider crypto custody as another mainstream service.
This, despite the occasional dig at crypto from the big players on Wall Street such as Goldman Sachs recent “cryptocurrency mania” comment last week citing it as one of the top risks for the market, even though the very same bank is dipping into Bitcoin derivatives on behalf of its fund manager clients.
Read the full article at https://bitcoinnews.com/could-wall-street-banks-become-crypto-custody-specialists/
Wall Street banks are slowly beginning to consider crypto custody as another mainstream service.
This, despite the occasional dig at crypto from the big players on Wall Street such as Goldman Sachs recent “cryptocurrency mania” comment last week citing it as one of the top risks for the market, even though the very same bank is dipping into Bitcoin derivatives on behalf of its fund manager clients.
Read the full article at https://bitcoinnews.com/could-wall-street-banks-become-crypto-custody-specialists/
World Bank and Commonwealth Bank Team up with Blockchain
The World Bank and The Commonwealth Bank of Australia have combined to create an Ethereum-based Australian dollar blockchain bond.
The bond project has a target of between USD 50 million and USD 100 million for sustainability projects. The World Bank issues between USD 5060 billion a year for project funding around the world.
Read the full article at https://bitcoinnews.com/world-bank-and-commonwealth-bank-team-up-with-blockchain/
The World Bank and The Commonwealth Bank of Australia have combined to create an Ethereum-based Australian dollar blockchain bond.
The bond project has a target of between USD 50 million and USD 100 million for sustainability projects. The World Bank issues between USD 5060 billion a year for project funding around the world.
Read the full article at https://bitcoinnews.com/world-bank-and-commonwealth-bank-team-up-with-blockchain/
Nations That Desire State-Backed Crypto Should Just Use Bitcoin
Iran has recently been making headlines regarding the development of an state-backed cryptocurrency. This is due to crippling United States sanctions that are progressively tightening since the Iran Nuclear Deal was thrown out by the Trump administration, which has caused hyper-inflation of the local fiat currency rial (IRR). Further, the US is stopping Iran from buying and selling foreign currencies, precious metals, and commodities. Iran now has a team developing an Iranian state-backed cryptocurrency from scratch, which raises the question, why go through the trouble of developing a state-backed cryptocurrency instead of just using Bitcoin?
Read the full article at https://bitcoinnews.com/nations-that-desire-state-backed-crypto-should-just-use-bitcoin/
Iran has recently been making headlines regarding the development of an state-backed cryptocurrency. This is due to crippling United States sanctions that are progressively tightening since the Iran Nuclear Deal was thrown out by the Trump administration, which has caused hyper-inflation of the local fiat currency rial (IRR). Further, the US is stopping Iran from buying and selling foreign currencies, precious metals, and commodities. Iran now has a team developing an Iranian state-backed cryptocurrency from scratch, which raises the question, why go through the trouble of developing a state-backed cryptocurrency instead of just using Bitcoin?
Read the full article at https://bitcoinnews.com/nations-that-desire-state-backed-crypto-should-just-use-bitcoin/
A report released by litigation consultancy firm Cornerstone Research indicates that initial coin offerings (ICOs) account for under 2% of securities class action lawsuits – just 12 of 750 cases.
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