Cryptocurrency news – October 11
Dowbit.com is an international information service about cryptocurrencies.
1. Russia about to cut access to all cryptocurrency exchanges
2. Bitcoin enthusiast sells everything to buy more Bitcoins
3. Ukraine is working on a law prohibiting the use of cryptocurrencies
4. Fujitsu and 3 largest banks are developing a money transfer system
1. According to the latest RBC news, Russian Central Bank in cooperation with the general prosecutor is working on shutting down access to all cryptocurrency exchanges operating in Russia. Shvetsov added that Russian Central Bank has its opinion on cryptocurrencies – those financial instruments don’t allow regulatory bodies to successfully secure participants’ assets. He also added that digital currencies have no legal definition. More: https://dowbit.com/russia-about-to-cut-access-to-all-cryptocurrency-exchanges/
2. We’re all passionate about Bitcoins and cryptocurrencies. We love them, we love the concept and we love being in the same community. However, the question is how deep is your love for Bitcoins? Probably not as deep as this one guy who sold everything to accumulate Bitcoins. And his wife is okay with that. More: https://dowbit.com/bitcoin-enthusiast-sells-everything-to-buy-more-bitcoins/
3. On 6 October 2017, the Ukrainian Parliament (Verkhovna Rada) received a proposal of a law to regulate cryptocurrency-related issues (mentions had already appeared before). The Act authorises the Central Bank of Ukraine to regulate cryptocurrencies. While the cryptocurrencies are subject to the tax law of the country, the Act waives any warranties and consumer protection by the Government of Ukraine. More: https://dowbit.com/ukraine-is-working-on-a-law-prohibiting-the-use-of-cryptocurrencies/
4. Fujitsu, a technology tycoon and three major banks have announced plans to pilot a peer-to-peer money transfer system based on blockchain technology. They will test the blockchain platform on a cloud transferring funds between individuals, but also between mobile applications to increase the usability of the system. More: https://dowbit.com/fujitsu-and-3-largest-banks-are-developing-a-money-transfer-system/
See you tomorrow!
Topic: DowBit - Daily Press News - page 2. (Read 3299 times)
Cryptocurrency news – October 9
Dowbit.com is an international information service about cryptocurrencies.
1. What will France’s approach to the ICO be?
2. First atomic swap between Ethereum and Bitcoin
3. Will IMF cryptocurrency replace bitcoin?
4. Bitflyer’s Bitcoin prepaid card
1. According to the national regulator of the financial markets, France is seeking to draw up rules covering fund collections through the ICO. Speaking last week in Challenges‘ business magazine, Robert Ophele, President of AMF (Autorite des marches financiers), said that his agency was seeking to formalize the Blockchain technology regulations, citing the growing interest in this technology in France. More: https://dowbit.com/what-will-frances-approach-to-the-ico-be/
2. The decentralized cryptocurrency exchange, Altcoin Exchange informed that on 7th of October their team successfully conducted the first atomic swap between Ethereum and Bitcoin. According to the startup, it is their first step towards the creation of a trustless exchange process. More: https://dowbit.com/atomic-swap-between-ethereum-and-bitcoin/
3. International Monetary Fund is strongly committed to creating their own cryptocurrency. According to the Wall Street Journal, IMF cryptocurrency is a response to Bitcoin, which aims to centralize the cryptocurrencies and replace the dollar as a reserve currency. More: https://dowbit.com/will-imf-cryptocurrency-replace-bitcoin/
4. Bitflyer, the largest Japanese Bitcoin exchange in terms of volume, has released its own prepaid Visa card. The cards will be able to be funded in BTC through the exchange itself or other Bitcoin wallets. Bitflyer’s Bitcoin prepaid card will be denominated in Japanese yen and its users will have to take into account relatively low deposit limits. However, this is yet another step towards global cryptocurrency adoption. More: https://dowbit.com/bitcoin-prepaid-card-biflyer/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. What will France’s approach to the ICO be?
2. First atomic swap between Ethereum and Bitcoin
3. Will IMF cryptocurrency replace bitcoin?
4. Bitflyer’s Bitcoin prepaid card
1. According to the national regulator of the financial markets, France is seeking to draw up rules covering fund collections through the ICO. Speaking last week in Challenges‘ business magazine, Robert Ophele, President of AMF (Autorite des marches financiers), said that his agency was seeking to formalize the Blockchain technology regulations, citing the growing interest in this technology in France. More: https://dowbit.com/what-will-frances-approach-to-the-ico-be/
2. The decentralized cryptocurrency exchange, Altcoin Exchange informed that on 7th of October their team successfully conducted the first atomic swap between Ethereum and Bitcoin. According to the startup, it is their first step towards the creation of a trustless exchange process. More: https://dowbit.com/atomic-swap-between-ethereum-and-bitcoin/
3. International Monetary Fund is strongly committed to creating their own cryptocurrency. According to the Wall Street Journal, IMF cryptocurrency is a response to Bitcoin, which aims to centralize the cryptocurrencies and replace the dollar as a reserve currency. More: https://dowbit.com/will-imf-cryptocurrency-replace-bitcoin/
4. Bitflyer, the largest Japanese Bitcoin exchange in terms of volume, has released its own prepaid Visa card. The cards will be able to be funded in BTC through the exchange itself or other Bitcoin wallets. Bitflyer’s Bitcoin prepaid card will be denominated in Japanese yen and its users will have to take into account relatively low deposit limits. However, this is yet another step towards global cryptocurrency adoption. More: https://dowbit.com/bitcoin-prepaid-card-biflyer/
See you tomorrow!
Cryptocurrency news – October 5
Dowbit.com is an international information service about cryptocurrencies.
1. Over 10 000 people want BTC and LTC payments in Amazon
2. Extradition of Alexander Vinnik – justice or a dangerous precedent?
3. Two government employees fired for mining Bitcoins at work
4. Will the new banking cryptocurrency replace Bitcoin?
1. Even though cryptocurrency payments are currently significantly limited, number of their advocates is increasing every day. Petition for Amazon to introduce payments using Bitcoin and Litecoin was signed by 10 000 people already! More: https://dowbit.com/over-10-000-people-want-btc-and-ltc-payments-in-amazon/
2. Alexandr Vinnik’s troubles continue – yesterday the court agreed to his extradition to the United States. Vinnik was arrested in July in Greece and accused of laundering 4 billion dollars through the BTC-e exchange. According to Russian lawyers, he should not be brought to court in the USA because BTC-e is not an American company and does not operate in the country. However, this case goes deeper than that – there are connections between the exchange and accounts involved in stealing money from Mt. Gox. More: https://dowbit.com/extradition-of-alexander-vinnik/
3. You have to be really careful when you do stuff unrelated to your work on the computer provided by employer. Last month, two IT specialists working in the government of Crimea were fired. The reason was peculiar: they were mining Bitcoins at work using government computers. More: https://dowbit.com/two-government-employees-fired-for-mining-bitcoins-at-work/
4. Six global banks have worked together to introduce a new form of virtual currency called “utility settlement coin” (USC). The team includes Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, Japanese Mitsubishi UFJ (MUFJ) and State Street. More: https://dowbit.com/will-the-new-banking-cryptocurrency-replace-bitcoin/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Over 10 000 people want BTC and LTC payments in Amazon
2. Extradition of Alexander Vinnik – justice or a dangerous precedent?
3. Two government employees fired for mining Bitcoins at work
4. Will the new banking cryptocurrency replace Bitcoin?
1. Even though cryptocurrency payments are currently significantly limited, number of their advocates is increasing every day. Petition for Amazon to introduce payments using Bitcoin and Litecoin was signed by 10 000 people already! More: https://dowbit.com/over-10-000-people-want-btc-and-ltc-payments-in-amazon/
2. Alexandr Vinnik’s troubles continue – yesterday the court agreed to his extradition to the United States. Vinnik was arrested in July in Greece and accused of laundering 4 billion dollars through the BTC-e exchange. According to Russian lawyers, he should not be brought to court in the USA because BTC-e is not an American company and does not operate in the country. However, this case goes deeper than that – there are connections between the exchange and accounts involved in stealing money from Mt. Gox. More: https://dowbit.com/extradition-of-alexander-vinnik/
3. You have to be really careful when you do stuff unrelated to your work on the computer provided by employer. Last month, two IT specialists working in the government of Crimea were fired. The reason was peculiar: they were mining Bitcoins at work using government computers. More: https://dowbit.com/two-government-employees-fired-for-mining-bitcoins-at-work/
4. Six global banks have worked together to introduce a new form of virtual currency called “utility settlement coin” (USC). The team includes Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, Japanese Mitsubishi UFJ (MUFJ) and State Street. More: https://dowbit.com/will-the-new-banking-cryptocurrency-replace-bitcoin/
See you tomorrow!
Cryptocurrency news – October 4
Dowbit.com is an international information service about cryptocurrencies.
1. BitBay Boxing Night Gala – Polish exchange to sponsor boxing event
2. Charlie Lee warns investors, Litecoin can lose up to 90%?
3. Bitcoin ATMs increasingly popular
4. Morgan Stanley CEO less skeptical towards Bitcoin
1. The biggest polish cryptocurrency exchange BitBay started to focus all efforts on marketing. Not only they have created the new version of their platform, BitBay 3.0 but also have decided to reach a bigger audience and sponsor BitBay Boxing Night Gala. More: https://dowbit.com/bitbay-boxing-night-gala-polish-exchange-to-sponsor-boxing-event/
2. All investors are always warned that the investments involve risks. The phrase that you should not invest more than you can afford to lose is being repeated like a mantra. However, when the creator of Litecoin, Charlie Lee warns investors that his cryptocurrency may lose up to 90% of value next year, the situation may be worrying. More: https://dowbit.com/charlie-lee-warns-investors/
3. Currently, there are 1592 Bitcoin ATMs (also called BTMs) in 59 countries. The undoubted leader is the United States, which has almost 1000 Bitcoin ATMs. Canada and the United Kingdom take 2nd and 3rd place with 255 and 85 BTMs respectively. More: https://dowbit.com/bitcoin-atms-increasingly-popular/
4. More and more people are convinced to Bitcoin as a means of investing money. Of course, this number is dependent on multiple factors. In particular, such factor is the opinion of market influencers, e.g. banks CEOs. And recently the opinion of CEOs and investors is varying a lot. Fortunately, Morgan Stanley CEO through his opinion may trigger a positive market reaction. More: https://dowbit.com/morgan-stanley-ceo-less-skeptical-towards-bitcoin/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. BitBay Boxing Night Gala – Polish exchange to sponsor boxing event
2. Charlie Lee warns investors, Litecoin can lose up to 90%?
3. Bitcoin ATMs increasingly popular
4. Morgan Stanley CEO less skeptical towards Bitcoin
1. The biggest polish cryptocurrency exchange BitBay started to focus all efforts on marketing. Not only they have created the new version of their platform, BitBay 3.0 but also have decided to reach a bigger audience and sponsor BitBay Boxing Night Gala. More: https://dowbit.com/bitbay-boxing-night-gala-polish-exchange-to-sponsor-boxing-event/
2. All investors are always warned that the investments involve risks. The phrase that you should not invest more than you can afford to lose is being repeated like a mantra. However, when the creator of Litecoin, Charlie Lee warns investors that his cryptocurrency may lose up to 90% of value next year, the situation may be worrying. More: https://dowbit.com/charlie-lee-warns-investors/
3. Currently, there are 1592 Bitcoin ATMs (also called BTMs) in 59 countries. The undoubted leader is the United States, which has almost 1000 Bitcoin ATMs. Canada and the United Kingdom take 2nd and 3rd place with 255 and 85 BTMs respectively. More: https://dowbit.com/bitcoin-atms-increasingly-popular/
4. More and more people are convinced to Bitcoin as a means of investing money. Of course, this number is dependent on multiple factors. In particular, such factor is the opinion of market influencers, e.g. banks CEOs. And recently the opinion of CEOs and investors is varying a lot. Fortunately, Morgan Stanley CEO through his opinion may trigger a positive market reaction. More: https://dowbit.com/morgan-stanley-ceo-less-skeptical-towards-bitcoin/
See you tomorrow!
Good crypto blog with current topics, albeit they are published before you do, but at least getting them all in one place. Appreciate your research and hope you will keep up the good work and wishing your website every success, including getting listed in Google News 
Cryptocurrency news – October 3
Dowbit.com is an international information service about cryptocurrencies.
1. Cryptocurrency mining scripts on popular websites
2. Goldman Sachs plans to introduce a cryptocurrency operations
3. Bitcoin ATMs increasingly popular
1. An increasing number of websites is using cryptocurrency mining scripts to make money on their users. When you visit their service, the CPU is under maximum load from Javascript, which uses the computing power of your computer to mine Monero. How do I protect myself from unwanted power consumption and equipment wear? Will this trend affect the cryptocurrency market? More: https://dowbit.com/cryptocurrency-mining-scripts/
2. Goldman Sachs, one of the world’s largest investment banks, is exploring the possibility of introducing a new trading operations based on cryptocurrencies. This is a response to what the spokesperson described as “client interest in digital currencies”. The Wall Street Journal explains that the study is ongoing and may not yield any results. More: https://dowbit.com/goldman-sachs-plans-to-introduce-a-cryptocurrency-operations/
3. Currently, there are 1592 Bitcoin ATMs (also called BTMs) in 59 countries. The undoubted leader is the United States, which has almost 1000 Bitcoin ATMs. Canada and the United Kingdom take 2nd and 3rd place with 255 and 85 BTMs respectively. More: https://dowbit.com/bitcoin-atms-increasingly-popular/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Cryptocurrency mining scripts on popular websites
2. Goldman Sachs plans to introduce a cryptocurrency operations
3. Bitcoin ATMs increasingly popular
1. An increasing number of websites is using cryptocurrency mining scripts to make money on their users. When you visit their service, the CPU is under maximum load from Javascript, which uses the computing power of your computer to mine Monero. How do I protect myself from unwanted power consumption and equipment wear? Will this trend affect the cryptocurrency market? More: https://dowbit.com/cryptocurrency-mining-scripts/
2. Goldman Sachs, one of the world’s largest investment banks, is exploring the possibility of introducing a new trading operations based on cryptocurrencies. This is a response to what the spokesperson described as “client interest in digital currencies”. The Wall Street Journal explains that the study is ongoing and may not yield any results. More: https://dowbit.com/goldman-sachs-plans-to-introduce-a-cryptocurrency-operations/
3. Currently, there are 1592 Bitcoin ATMs (also called BTMs) in 59 countries. The undoubted leader is the United States, which has almost 1000 Bitcoin ATMs. Canada and the United Kingdom take 2nd and 3rd place with 255 and 85 BTMs respectively. More: https://dowbit.com/bitcoin-atms-increasingly-popular/
See you tomorrow!
Cryptocurrency news – October 2
Dowbit.com is an international information service about cryptocurrencies.
1. Gang robbing people buying Bitcoins was caught in New Delhi
2. Notes from Wicked Crypto Meetup
3. SEC filed charges against 2 ICOs
4. Bahrain is optimistic about Bitcoin
1. A group of six people was arrested in New Delhi, India for robbing people. The group argued that they were buying bitcoins for real money. Thieves used to contact interested party through phone calls and Facebook messages and convinced the buyers to deal in cash for buying the Bitcoin. Once, they convinced the buyer and called them to the designated place, the other gang members would come into action and would then rob the victim. More: http://dowbit.com/gang-robbing-people-buying-bitcoins-was-caught-in-new-delhi/
2. Last Monday, Warsaw held the second Wicked Crypto Meetup. The main topic of the meetup was different aspects of blockchain technology – what is it, its uses and its future. The meeting took a form of the discussion panel with Lon Wong, president of the NEM Foundation (we had a chance of interviewing him after the Meetup) and Enrique Melero, previous COO at HSBC Private Bank and blockchain advocate. More: http://dowbit.com/notes-from-wicked-crypto-meetup-its-all-about-blockchain/
3. The American Securities and Exchange Commission, SEC, has filed charges against 2 ICOs – Real Estate Coin and Diamond Reserve Club. This is yet another movement of the agency against the offers of new tokens. However, all signs indicate that the regulator’s objections are well justified. Maksim Zaslavskiy, who is behind both ICOs, was accused of selling unregistered securities. More: http://dowbit.com/sec-filed-charges-against-2-icos/
4. It actually seems that Bahrain is optimistic about Bitcoin, cryptocurrencies and blockchain – seeing such government stance shows that they understand that the entire financial industry is being disrupted. It is the midst of a new technology and being rampant by the blockchain technology, which will unlock a whole new era for personal transactions. We might actually see Bahrain becoming a leader in adopting cryptocurrencies seeing that it is open to experiments, cooperation and discussions. More: http://dowbit.com/bahrain-is-optimistic-about-bitcoin/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Gang robbing people buying Bitcoins was caught in New Delhi
2. Notes from Wicked Crypto Meetup
3. SEC filed charges against 2 ICOs
4. Bahrain is optimistic about Bitcoin
1. A group of six people was arrested in New Delhi, India for robbing people. The group argued that they were buying bitcoins for real money. Thieves used to contact interested party through phone calls and Facebook messages and convinced the buyers to deal in cash for buying the Bitcoin. Once, they convinced the buyer and called them to the designated place, the other gang members would come into action and would then rob the victim. More: http://dowbit.com/gang-robbing-people-buying-bitcoins-was-caught-in-new-delhi/
2. Last Monday, Warsaw held the second Wicked Crypto Meetup. The main topic of the meetup was different aspects of blockchain technology – what is it, its uses and its future. The meeting took a form of the discussion panel with Lon Wong, president of the NEM Foundation (we had a chance of interviewing him after the Meetup) and Enrique Melero, previous COO at HSBC Private Bank and blockchain advocate. More: http://dowbit.com/notes-from-wicked-crypto-meetup-its-all-about-blockchain/
3. The American Securities and Exchange Commission, SEC, has filed charges against 2 ICOs – Real Estate Coin and Diamond Reserve Club. This is yet another movement of the agency against the offers of new tokens. However, all signs indicate that the regulator’s objections are well justified. Maksim Zaslavskiy, who is behind both ICOs, was accused of selling unregistered securities. More: http://dowbit.com/sec-filed-charges-against-2-icos/
4. It actually seems that Bahrain is optimistic about Bitcoin, cryptocurrencies and blockchain – seeing such government stance shows that they understand that the entire financial industry is being disrupted. It is the midst of a new technology and being rampant by the blockchain technology, which will unlock a whole new era for personal transactions. We might actually see Bahrain becoming a leader in adopting cryptocurrencies seeing that it is open to experiments, cooperation and discussions. More: http://dowbit.com/bahrain-is-optimistic-about-bitcoin/
See you tomorrow!
Cryptocurrency news – September 28
Dowbit.com is an international information service about cryptocurrencies.
1. Catapult by the end of the year – interview with NEM.io foundation president
2. Macau bans financing cryptocurrency companies
3. NXC takes over the Korean Korbit Exchange
4. ‘Wolf of Wall Street’ follows JPMorgan CEO Bitcoin criticism
1. NEM is currently the 7th biggest cryptocurrency by market capitalization. Project based on proof-of-importance allows not only to transfer funds but also building your own applications. Endeavour which has been in development for almost 2.5 years, is very close to publishing its long-awaited update – CATAPULT. More: http://dowbit.com/catapult-should-be-released-before-the-end-of-the-year-interview-with-lon-wong-president-of-nem-io-foundation/
2. The Monetary Authority of Macau (AMCM) has issued a statement prohibiting local financial institutions from providing services to companies issuing virtual currencies and tokens. These institutions will not be allowed to take part in projects or to finance entities dealing with cryptocurrencies. It is another step of China against money laundering and capital outflow from the country. More: http://dowbit.com/macau-bans-financing-cryptocurrency/
3. The NXC media giant bought the second largest Korean cryptocurrency exchange. Korbit was sold for a substantial amount of 80 million dollars. The official Korbit acquisition signals a turning point in the corporation’s approach to the cryptocurrency exchange sector. Until now, corporations have been looking for an opportunity to earn money by investing in various projects rather than taking them over. More: http://dowbit.com/nxc-takes-over-the-korean-korbit-exchange/
4. Quite recently we’ve heard JPMorgan’s Jamie Dimon strong criticism of Bitcoin, calling the whole scheme a fraud. Even though the criticism has met with a backlash from investors and the public, it seems that his opinion also provoked other members of the Wall Street financial club. This time, Jordan Belfort, the famous ‘Wolf of Wall Street’ follows JPMorgan CEO Bitcoin criticism. More: http://dowbit.com/wolf-of-wall-street-follows-jpmorgan-ceo-bitcoin-criticism/
See you tomorrow!
Dowbit.com is an international information service about cryptocurrencies.
1. Catapult by the end of the year – interview with NEM.io foundation president
2. Macau bans financing cryptocurrency companies
3. NXC takes over the Korean Korbit Exchange
4. ‘Wolf of Wall Street’ follows JPMorgan CEO Bitcoin criticism
1. NEM is currently the 7th biggest cryptocurrency by market capitalization. Project based on proof-of-importance allows not only to transfer funds but also building your own applications. Endeavour which has been in development for almost 2.5 years, is very close to publishing its long-awaited update – CATAPULT. More: http://dowbit.com/catapult-should-be-released-before-the-end-of-the-year-interview-with-lon-wong-president-of-nem-io-foundation/
2. The Monetary Authority of Macau (AMCM) has issued a statement prohibiting local financial institutions from providing services to companies issuing virtual currencies and tokens. These institutions will not be allowed to take part in projects or to finance entities dealing with cryptocurrencies. It is another step of China against money laundering and capital outflow from the country. More: http://dowbit.com/macau-bans-financing-cryptocurrency/
3. The NXC media giant bought the second largest Korean cryptocurrency exchange. Korbit was sold for a substantial amount of 80 million dollars. The official Korbit acquisition signals a turning point in the corporation’s approach to the cryptocurrency exchange sector. Until now, corporations have been looking for an opportunity to earn money by investing in various projects rather than taking them over. More: http://dowbit.com/nxc-takes-over-the-korean-korbit-exchange/
4. Quite recently we’ve heard JPMorgan’s Jamie Dimon strong criticism of Bitcoin, calling the whole scheme a fraud. Even though the criticism has met with a backlash from investors and the public, it seems that his opinion also provoked other members of the Wall Street financial club. This time, Jordan Belfort, the famous ‘Wolf of Wall Street’ follows JPMorgan CEO Bitcoin criticism. More: http://dowbit.com/wolf-of-wall-street-follows-jpmorgan-ceo-bitcoin-criticism/
See you tomorrow!
Cryptocurrency news – September 27
1. Localbitcoins compensates its users for their bitcoin cash with bitcoins
2. Japan is considering the release of J-Coin
3. ICOs choose Hong Kong?
Dowbit.com is an international information service about cryptocurrencies.
1. After Bitcoin’s hard fork on 1 August, many people still do not have access to their BCH funds. Individual services, portfolios or exchanges plan to gradually make their resources available to users. However, some services may go a different route – Localbitcoins compensates its users bitcoins in exchange for their bitcoin cash. More: http://dowbit.com/localbitcoins-compensates-users-bitcoins/
2. Banks in Japan are considering creating their own digital currency called J-Coin. The main function of J-Coina is to eliminate cash as a mean of payment. The implementation of the cryptocurrency is planned to take place in before the Tokyo Olympic Games in 2020. The whole project is supported by the financial supervisory authorities and aims to improve the financial system in Japan. More: http://dowbit.com/japan-is-considering-the-release-of-j-coin/
3. The Chinese haven’t been easy on cryptocurrencies recently. The hardline stance was slightly shocking for many, especially since Bitcoin has received a blow. However, one part of China retained from using drastic measures against cryptocurrencies. The small island state of Hong Kong. Because ICOs were hurt mostly, they needed a new safe haven. Due to that, ICOs choose Hong Kong. More: http://dowbit.com/icos-choose-hong-kong/
See you tomorrow!
Cryptocurrency news – September 26
1. Bitcoin as national currency?
2. SEC creates Cyber Unit in effort to regulate ICOs
3. National Bank of Ukraine is working on cryptocurrency regulation
4. Raiden Network – the future of payments?
Dowbit.com is an international information service about cryptocurrencies.
1. Can we actually consider Bitcoin as national currency? Can we imagine that one day whole economic system of a country will be based on cryptocurrency and blockchain architecture? In theory, that would be perfect. Accounts would be balanced, financial predictions could become more accurate. And even imagine that whole voting system is based on the blockchain. More: http://dowbit.com/bitcoin-as-national-currency-not-so-fast/
2. US Securities and Exchange Commission (SEC) has announced that special Cyber Unit will be created. The unit will be responsible for overseeing matters related to cryptocurrencies. This is yet another movement of the Commission regarding regulation of ICO and cryptocurrencies. Quite recently they have announced that TheDAO project tokens were in fact securities falling under respective laws More: http://dowbit.com/sec-creates-cyber-unit-regulate-icos/
3. National Bank of Ukraine (NBU) is working intensively on regulating cryptocurrency market and its positioning among existing law framework. NBU’s press release shows course taken by legislative organs to regulate Bitcoin and generally the whole market of digital currencies. More: http://dowbit.com/national-bank-of-ukraine/
4. Developers of Raiden Network – one of the most anticipated scaling solutions for Ethereum – have released an early version. The new version of the product was dubbed µRaiden (pronounced “micro Raiden”). It will allow micropayments between users through a network of nodes. Furthermore, the solution is ERC-20 standard compatible, meaning it will work together with the tokens that have been recently issued on top of ethereum. More: http://dowbit.com/raiden-network/
See you tomorrow!
1. Bitcoin as national currency?
2. SEC creates Cyber Unit in effort to regulate ICOs
3. National Bank of Ukraine is working on cryptocurrency regulation
4. Raiden Network – the future of payments?
Dowbit.com is an international information service about cryptocurrencies.
1. Can we actually consider Bitcoin as national currency? Can we imagine that one day whole economic system of a country will be based on cryptocurrency and blockchain architecture? In theory, that would be perfect. Accounts would be balanced, financial predictions could become more accurate. And even imagine that whole voting system is based on the blockchain. More: http://dowbit.com/bitcoin-as-national-currency-not-so-fast/
2. US Securities and Exchange Commission (SEC) has announced that special Cyber Unit will be created. The unit will be responsible for overseeing matters related to cryptocurrencies. This is yet another movement of the Commission regarding regulation of ICO and cryptocurrencies. Quite recently they have announced that TheDAO project tokens were in fact securities falling under respective laws More: http://dowbit.com/sec-creates-cyber-unit-regulate-icos/
3. National Bank of Ukraine (NBU) is working intensively on regulating cryptocurrency market and its positioning among existing law framework. NBU’s press release shows course taken by legislative organs to regulate Bitcoin and generally the whole market of digital currencies. More: http://dowbit.com/national-bank-of-ukraine/
4. Developers of Raiden Network – one of the most anticipated scaling solutions for Ethereum – have released an early version. The new version of the product was dubbed µRaiden (pronounced “micro Raiden”). It will allow micropayments between users through a network of nodes. Furthermore, the solution is ERC-20 standard compatible, meaning it will work together with the tokens that have been recently issued on top of ethereum. More: http://dowbit.com/raiden-network/
See you tomorrow!
Very impressive! The site looks great and contains some solid content. Keep it up!
Cryptocurrency news – September 25
1. Investor defends Bitcoin from JPMorgan CEO
2. Further bans on the cryptocurrency exchanges in China
3. Gibraltar the perfect place for cryptocurrency funds?
4. CFTC filed charges against Gelfman Blueprint – Bitcoin
1. Earlier in September at a banking conference, CEO of JPMorgan Jamie Dimon critiqued Bitcoin. His claims included that government will work on taking down decentralized cryptocurrencies, as the whole cryptocurrency scheme is a fraud. Yet still, investor defends Bitcoin by showing fallacies in Dimon’s reasoning. More: http://dowbit.com/investor-defends-bitcoin-from-jpmorgan-ceo/
2. According to Chinese public television CCTV, 17 exchanges and platforms will stop offering the possibility of cryptocurrency exchange in Shanghai. In their public statements, the companies have announced that they will not engage in ICO-related activities and have proposed their exit plans. Further bans on the cryptocurrency exchanges in China apply both to those that have already announced their closure, and to many of the platforms whose status was uncertain. More: http://dowbit.com/further-bans-cryptocurrency-exchanges-in-china/
3. Regulators around the world are beginning to realize how much money they have changed owners during ICO fundraising. Observing the growing number of ICOs, Gibraltar’s Financial Services Commission has issued statements declaring that it is necessary to introduce a regulatory framework for companies that use Blockchain technology to store or transfer value. It is expected that these regulations will be implemented by January 2018. More: http://dowbit.com/gibraltar-the-perfect-place-for-cryptocurrency-funds/
4. The Commodity Futures Trading Commission (CFTC) has filed its first ever charges against a corporation investing in Bitcoin. Gelfman Blueprint, owned by Nicholas Gelfman from Brooklyn, New York, was accused of making false statements about the investment in Bitcoin. Investors tempted by the opportunity to earn a good income were willingly entrusting their money to the company. More: http://dowbit.com/cftc-filed-charges-against-gelfman-blueprint-bitcoin/
See you tomorrow!
1. Investor defends Bitcoin from JPMorgan CEO
2. Further bans on the cryptocurrency exchanges in China
3. Gibraltar the perfect place for cryptocurrency funds?
4. CFTC filed charges against Gelfman Blueprint – Bitcoin
1. Earlier in September at a banking conference, CEO of JPMorgan Jamie Dimon critiqued Bitcoin. His claims included that government will work on taking down decentralized cryptocurrencies, as the whole cryptocurrency scheme is a fraud. Yet still, investor defends Bitcoin by showing fallacies in Dimon’s reasoning. More: http://dowbit.com/investor-defends-bitcoin-from-jpmorgan-ceo/
2. According to Chinese public television CCTV, 17 exchanges and platforms will stop offering the possibility of cryptocurrency exchange in Shanghai. In their public statements, the companies have announced that they will not engage in ICO-related activities and have proposed their exit plans. Further bans on the cryptocurrency exchanges in China apply both to those that have already announced their closure, and to many of the platforms whose status was uncertain. More: http://dowbit.com/further-bans-cryptocurrency-exchanges-in-china/
3. Regulators around the world are beginning to realize how much money they have changed owners during ICO fundraising. Observing the growing number of ICOs, Gibraltar’s Financial Services Commission has issued statements declaring that it is necessary to introduce a regulatory framework for companies that use Blockchain technology to store or transfer value. It is expected that these regulations will be implemented by January 2018. More: http://dowbit.com/gibraltar-the-perfect-place-for-cryptocurrency-funds/
4. The Commodity Futures Trading Commission (CFTC) has filed its first ever charges against a corporation investing in Bitcoin. Gelfman Blueprint, owned by Nicholas Gelfman from Brooklyn, New York, was accused of making false statements about the investment in Bitcoin. Investors tempted by the opportunity to earn a good income were willingly entrusting their money to the company. More: http://dowbit.com/cftc-filed-charges-against-gelfman-blueprint-bitcoin/
See you tomorrow!
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Cryptocurrency news – September 21
1. Byzantium – the first part of the Ethereum hardfork
2. Bitcoin can’t be stopped!
3. Malaysia opens up to cryptocurrencies
1. The first part of the planned Ethereum hardfork called Byzantium debuted in the Ropsten test network. This is part of a wider project called Metropolis, which is intended to improve the operation of the whole network and introduce the expected novelties. Vitalik Buterin, the creator of Ethereum, informed about the novelties on his twitter. More: http://dowbit.com/byzantium-ethereum-hardfork/
2. Bitcoin has recently received two powerful blows from China. Many people already predicted the end of Bitcoin and in panic started selling off their cryptocurrencies. The price of BTC fell briefly to $3000, then it fired violently up and has remained roughly stable around $4000 for several days. As you can see Bitcoin is not so easy to kill. Users of digital currencies find ways to handle the Chinese ban. More: http://dowbit.com/bitcoin-cant-be-stopped/
3. As China has blocked cryptocurrencies, other countries have started to increasingly open up to Bitcoin and other virtual currencies. A recent statement by Tan Sri Muhammad Ibrahim, Deputy Minister of Malaysian Bank Negar, at the Global Symposium on Financial Institutions Development, shows that Malaysia can become a Bitcoin-open country. More: http://dowbit.com/malaysia-opens-up-cryptocurrencies/
See you tomorrow!
1. Byzantium – the first part of the Ethereum hardfork
2. Bitcoin can’t be stopped!
3. Malaysia opens up to cryptocurrencies
1. The first part of the planned Ethereum hardfork called Byzantium debuted in the Ropsten test network. This is part of a wider project called Metropolis, which is intended to improve the operation of the whole network and introduce the expected novelties. Vitalik Buterin, the creator of Ethereum, informed about the novelties on his twitter. More: http://dowbit.com/byzantium-ethereum-hardfork/
2. Bitcoin has recently received two powerful blows from China. Many people already predicted the end of Bitcoin and in panic started selling off their cryptocurrencies. The price of BTC fell briefly to $3000, then it fired violently up and has remained roughly stable around $4000 for several days. As you can see Bitcoin is not so easy to kill. Users of digital currencies find ways to handle the Chinese ban. More: http://dowbit.com/bitcoin-cant-be-stopped/
3. As China has blocked cryptocurrencies, other countries have started to increasingly open up to Bitcoin and other virtual currencies. A recent statement by Tan Sri Muhammad Ibrahim, Deputy Minister of Malaysian Bank Negar, at the Global Symposium on Financial Institutions Development, shows that Malaysia can become a Bitcoin-open country. More: http://dowbit.com/malaysia-opens-up-cryptocurrencies/
See you tomorrow!
Cryptocurrency news – September 20
1. Anonymous domain name registration with BTC
2. Ethereum to replace Visa?
3. Investors still interested in ICOs
4. Switzerland shuts down 3 companies illegally trading E-coin
5. BlockEx and RiskSpan are joining Wall Street Blockchain Alliance
1. Recently, the founder of the infamous torrent service, Pirate Bay, has launched the “Njalla”, an anonymous domain name registration service. Njalla is supposed to be focused on privacy and be a response to increased interest in acquiring domains without providing personal data. You will be able to pay for anonymous domain name registration with BTC. More: http://dowbit.com/anonymous-domain-name-registration-with-btc/
2. Vitalik Buterin, speaking at TechCrunch Disrupt 2017, said that the platform has an opportunity to change a lot in terms of data and security. His comments made clear suggestions that Ethereum would reach a trading power comparable to Visa within two years. Ethereum’s creator also points out that blockchain technology is likely to provide platforms for games and other data-intensive applications in the future, where security is a key element. More: http://dowbit.com/ethereum-to-replace-visa/
3. Startups are increasingly choosing to raise funds with ICOs (Initial Coin Offerings). The main reasons for making such a decision are probably the low cost of raising such capital and the minimal cost that must be incurred in order to start the crowdsale. Regardless of whether it is a well-established organization or a group of university graduates with innovative ideas and low initial capital, ICO offers both the opportunity to raise capital. More: http://dowbit.com/investors-still-interested-in-icos/
4. The Swiss financial market regulator has ordered the closure of 3 companies associated with alleged fraud. The Swiss Financial Market Supervisory Authority (FINMA) announced on September 10 that it has shut down Quid Pro Quo Association, Digital Trading AG and Marcelo Group AG in relation to the sale of the “E-Coin” Currency. The companies operated without appropriate authorization and were liquidated by FINMA. More: http://dowbit.com/switzerland-shuts-down-3-companies-illegally-trading-e-coin/
5. The Wall Street Blockchain Alliance (WSBA), a leading non-profit organization in this industry has announced that BlockEX and RiskSpan became new members of their team. BlockEx is a digital virtual assets platform, created to deal with product life-span. It permits the creation, issuance, operation and trade of financial virtual assets created using the blockchain technology. Their customers are mainly corporations, financial or government institutions, and retailers. More: http://dowbit.com/blockex-and-riskspan-are-joining-wall-street-blockchain-alliance/
See you tomorrow!
1. Anonymous domain name registration with BTC
2. Ethereum to replace Visa?
3. Investors still interested in ICOs
4. Switzerland shuts down 3 companies illegally trading E-coin
5. BlockEx and RiskSpan are joining Wall Street Blockchain Alliance
1. Recently, the founder of the infamous torrent service, Pirate Bay, has launched the “Njalla”, an anonymous domain name registration service. Njalla is supposed to be focused on privacy and be a response to increased interest in acquiring domains without providing personal data. You will be able to pay for anonymous domain name registration with BTC. More: http://dowbit.com/anonymous-domain-name-registration-with-btc/
2. Vitalik Buterin, speaking at TechCrunch Disrupt 2017, said that the platform has an opportunity to change a lot in terms of data and security. His comments made clear suggestions that Ethereum would reach a trading power comparable to Visa within two years. Ethereum’s creator also points out that blockchain technology is likely to provide platforms for games and other data-intensive applications in the future, where security is a key element. More: http://dowbit.com/ethereum-to-replace-visa/
3. Startups are increasingly choosing to raise funds with ICOs (Initial Coin Offerings). The main reasons for making such a decision are probably the low cost of raising such capital and the minimal cost that must be incurred in order to start the crowdsale. Regardless of whether it is a well-established organization or a group of university graduates with innovative ideas and low initial capital, ICO offers both the opportunity to raise capital. More: http://dowbit.com/investors-still-interested-in-icos/
4. The Swiss financial market regulator has ordered the closure of 3 companies associated with alleged fraud. The Swiss Financial Market Supervisory Authority (FINMA) announced on September 10 that it has shut down Quid Pro Quo Association, Digital Trading AG and Marcelo Group AG in relation to the sale of the “E-Coin” Currency. The companies operated without appropriate authorization and were liquidated by FINMA. More: http://dowbit.com/switzerland-shuts-down-3-companies-illegally-trading-e-coin/
5. The Wall Street Blockchain Alliance (WSBA), a leading non-profit organization in this industry has announced that BlockEX and RiskSpan became new members of their team. BlockEx is a digital virtual assets platform, created to deal with product life-span. It permits the creation, issuance, operation and trade of financial virtual assets created using the blockchain technology. Their customers are mainly corporations, financial or government institutions, and retailers. More: http://dowbit.com/blockex-and-riskspan-are-joining-wall-street-blockchain-alliance/
See you tomorrow!
Cryptocurrency news – September 19
1. 7 reasons for Bitcoin exchanges ban in China
2. Bitcoin can rescue Catalonia
3. Australia reduces double taxation on cryptocurrencies
4. Malta is setting up a Task Force for Blockchain
1. Professor Yang Dong, lecturer at Renmin University of China, in an interview for public television CCTV presented the reasons for Bitcoin exchanges ban in China. Professor Warmus spoke earlier at workshops attended by representatives of the People’s Bank of China and the Chinese securities supervisory commission.
More: http://dowbit.com/7-reasons-bitcoin-exchanges-ban-in-china/
2. In Catalonia, a referendum is scheduled for October 1 on the separation of the region from Spain. Jullian Assange, the founder of Wikileaks, immediately supported the referendum with a reference to Bitcoin, through twitter. Post Assange may have suggested that those who want financial freedom without the ability to interact with the authorities could find an answer in Bitcoin and other cryptocurrencies.
More: http://dowbit.com/bitcoin-can-rescue-catalonia/
3. Recently, the Australian government has introduced regulations to remove double taxation of cryptocurrencies. The reform initially set out in the Turnbull budget has been approved. On September 14th, a double taxation abolishing law was officially introduced. At present, consumers using virtual currencies can pay tax on goods and services twice: once when they buy virtual currencies and once again when they buy various goods and services. More: http://dowbit.com/australia-reduces-double-taxation-on-cryptocurrencies/
4. On 15th of September 2017, the Maltese Government announced the establishment of a Task Force for Blockchain, which will review the current situation and issue recommendations in order to establish a Technology Development Plan for Blockchain. In April 2017, the Cabinet of Ministers approved the elaboration of a national strategy for the development of Blockchain technology.
More: http://dowbit.com/malta-is-setting-up-a-task-force-for-blockchain-technology/
You can find more information at http://dowbit.com/
See you tomorrow!
1. 7 reasons for Bitcoin exchanges ban in China
2. Bitcoin can rescue Catalonia
3. Australia reduces double taxation on cryptocurrencies
4. Malta is setting up a Task Force for Blockchain
1. Professor Yang Dong, lecturer at Renmin University of China, in an interview for public television CCTV presented the reasons for Bitcoin exchanges ban in China. Professor Warmus spoke earlier at workshops attended by representatives of the People’s Bank of China and the Chinese securities supervisory commission.
More: http://dowbit.com/7-reasons-bitcoin-exchanges-ban-in-china/
2. In Catalonia, a referendum is scheduled for October 1 on the separation of the region from Spain. Jullian Assange, the founder of Wikileaks, immediately supported the referendum with a reference to Bitcoin, through twitter. Post Assange may have suggested that those who want financial freedom without the ability to interact with the authorities could find an answer in Bitcoin and other cryptocurrencies.
More: http://dowbit.com/bitcoin-can-rescue-catalonia/
3. Recently, the Australian government has introduced regulations to remove double taxation of cryptocurrencies. The reform initially set out in the Turnbull budget has been approved. On September 14th, a double taxation abolishing law was officially introduced. At present, consumers using virtual currencies can pay tax on goods and services twice: once when they buy virtual currencies and once again when they buy various goods and services. More: http://dowbit.com/australia-reduces-double-taxation-on-cryptocurrencies/
4. On 15th of September 2017, the Maltese Government announced the establishment of a Task Force for Blockchain, which will review the current situation and issue recommendations in order to establish a Technology Development Plan for Blockchain. In April 2017, the Cabinet of Ministers approved the elaboration of a national strategy for the development of Blockchain technology.
More: http://dowbit.com/malta-is-setting-up-a-task-force-for-blockchain-technology/
You can find more information at http://dowbit.com/
See you tomorrow!
Cryptocurrency news – September 18
1. Universities in Russia create courses about cryptocurrencies
2. Dubai warns against ICOs
3. Exchange BTC-e reopens under the name WEX.nz
4. Deribit Exchange Problems
5. More attempts to bring E-Commerce to unbanked sector
1. More and more universities in Russia are introducing additional courses to existing curriculums. The financial faculties were enriched with cryptocurrency, Bitcoin and blockchain technology classes. This is the first time such courses have been offered by universities. This was caused by the growing demand among students of financial faculties.
More: http://dowbit.com/universities-in-russia-create-courses-about-cryptocurrencies/
2. The Dubai Financial Services Authority (DFSA) has issued a warning to investors against ICOs. According to DFSA, certain types of public offers, including ICOs, should be considered as high-risk investments. This narrative is in line with the trend previously set by China, Singapore, Canada, Malaysia and the USA, among others, who have also taken steps against ICO.
More: http://dowbit.com/dubai-warns-against-icos/
3. The Russian Cryptocurrency Exchange BTC-e, which was recently closed by the FBI, has officially reopened on the new WEX domain. The company posted an official statement on its website in which it thanked its users for their patience. The statement also indicates that the new platform has already been launched and accounts with balances have been transferred.
More: http://dowbit.com/cryptocurrency-exchange-btc-e-reopens-its-operations-under-the-name-wex-nz/
4. On Friday, around 14 o’ clock, Deribit the cryptocurrency exchange had problems with the liquidation algorithm, which resulted in unfair losses for some clients’ accounts. In order to solve the problem, the stock exchange had to temporarily suspend trade on its platform. The total loss for the exchange is approximately 60 BTC, or roughly $235,000 at the time a message is posted. As Deribit assures, all the funds accumulated in user accounts are secure and the exchange takes all the loss.
More: http://dowbit.com/deribit-exchange-problems/
5. Moving the electronic commerce to the public sector seems to be getting easier due to the rising amount of points where cryptocurrency payments are an option. This trend is especially noticeable in the United States, where even now many consumers take advantage of digital currency payments. Speed and simplicity of such transactions guarantee an entirely new experience for cryptocurrency users.
More: http://dowbit.com/more-attempts-to-bring-e-commerce-to-unbanked-sector/
You can find more information at http://dowbit.com/
See you tomorrow!
1. Universities in Russia create courses about cryptocurrencies
2. Dubai warns against ICOs
3. Exchange BTC-e reopens under the name WEX.nz
4. Deribit Exchange Problems
5. More attempts to bring E-Commerce to unbanked sector
1. More and more universities in Russia are introducing additional courses to existing curriculums. The financial faculties were enriched with cryptocurrency, Bitcoin and blockchain technology classes. This is the first time such courses have been offered by universities. This was caused by the growing demand among students of financial faculties.
More: http://dowbit.com/universities-in-russia-create-courses-about-cryptocurrencies/
2. The Dubai Financial Services Authority (DFSA) has issued a warning to investors against ICOs. According to DFSA, certain types of public offers, including ICOs, should be considered as high-risk investments. This narrative is in line with the trend previously set by China, Singapore, Canada, Malaysia and the USA, among others, who have also taken steps against ICO.
More: http://dowbit.com/dubai-warns-against-icos/
3. The Russian Cryptocurrency Exchange BTC-e, which was recently closed by the FBI, has officially reopened on the new WEX domain. The company posted an official statement on its website in which it thanked its users for their patience. The statement also indicates that the new platform has already been launched and accounts with balances have been transferred.
More: http://dowbit.com/cryptocurrency-exchange-btc-e-reopens-its-operations-under-the-name-wex-nz/
4. On Friday, around 14 o’ clock, Deribit the cryptocurrency exchange had problems with the liquidation algorithm, which resulted in unfair losses for some clients’ accounts. In order to solve the problem, the stock exchange had to temporarily suspend trade on its platform. The total loss for the exchange is approximately 60 BTC, or roughly $235,000 at the time a message is posted. As Deribit assures, all the funds accumulated in user accounts are secure and the exchange takes all the loss.
More: http://dowbit.com/deribit-exchange-problems/
5. Moving the electronic commerce to the public sector seems to be getting easier due to the rising amount of points where cryptocurrency payments are an option. This trend is especially noticeable in the United States, where even now many consumers take advantage of digital currency payments. Speed and simplicity of such transactions guarantee an entirely new experience for cryptocurrency users.
More: http://dowbit.com/more-attempts-to-bring-e-commerce-to-unbanked-sector/
You can find more information at http://dowbit.com/
See you tomorrow!
Cryptocurrency news – September 15
1. ViaBTC will close operations on September 30th
2. Fujitsu and JBA are testing blockchain in banking
3. How to avoid scam ICOs – part 2
1. After yesterday’s announcement of BTCC, today ViaBTC announced that they will be closing all their operations in Mainland China on 30th of September. ViaBTC, BTCChina and Binance are not the only exchanges affected. OKCoin has just announced that it will delist BTC and LTC futures. More: More: http://dowbit.com/viabtc-will-close-operations-on-30th-of-september/
2. Fujitsu, the biggest Japanese hardware, and IT services company is undertaking a partnership with the Japanese Banking Association (JBA). The purpose of that cooperation testing the viability of conducting financial services on the blockchain platform. Alongside with the new project, Fujitsu will provide a blockchain platform, built on the open source codebase Hyperledger Fabric.
More: http://dowbit.com/fujitsu-together-with-jba-are-testing-blockchain-in-banking-systems/
3. Sometimes the desperate efforts of the founders to legitimize the scam project lead to almost comical results. DeClouds proposed to buy precious metals with the funds attracted through ICO. They claimed to have a partnership with UBS Bank, where these metals would be stored. When doubts arose, in an effort to prove the partnership, the scammer used photoshopped pictures of its founder giving a presentation to bank employees.
More: http://dowbit.com/how-to-avoid-scam-ico-2/
You can find more information at http://dowbit.com/
See you on Monday!
1. ViaBTC will close operations on September 30th
2. Fujitsu and JBA are testing blockchain in banking
3. How to avoid scam ICOs – part 2
1. After yesterday’s announcement of BTCC, today ViaBTC announced that they will be closing all their operations in Mainland China on 30th of September. ViaBTC, BTCChina and Binance are not the only exchanges affected. OKCoin has just announced that it will delist BTC and LTC futures. More: More: http://dowbit.com/viabtc-will-close-operations-on-30th-of-september/
2. Fujitsu, the biggest Japanese hardware, and IT services company is undertaking a partnership with the Japanese Banking Association (JBA). The purpose of that cooperation testing the viability of conducting financial services on the blockchain platform. Alongside with the new project, Fujitsu will provide a blockchain platform, built on the open source codebase Hyperledger Fabric.
More: http://dowbit.com/fujitsu-together-with-jba-are-testing-blockchain-in-banking-systems/
3. Sometimes the desperate efforts of the founders to legitimize the scam project lead to almost comical results. DeClouds proposed to buy precious metals with the funds attracted through ICO. They claimed to have a partnership with UBS Bank, where these metals would be stored. When doubts arose, in an effort to prove the partnership, the scammer used photoshopped pictures of its founder giving a presentation to bank employees.
More: http://dowbit.com/how-to-avoid-scam-ico-2/
You can find more information at http://dowbit.com/
See you on Monday!
Cryptocurrency news – September 14
1. BTCChina exchange will stop all trading
2. John McAfee responded to Jamie Dymon’s arguments
3. India will have its own cryptocurrency
4. British FCA advises cation with regard to ICOs
1. One of the most popular Chinese exchanges – BTCChina Exchange announced that it will stop all trading on September 30. The decision was caused by latest Chinese regulations which also banned ICOs. BTCC is also not the first exchange affected by recent regulatory actions – Binance announced earlier that it will drop out of China.
More: http://dowbit.com/btcchina-exchange-will-stop-all-trading/
2. John McAfee, a controversial millionaire and creator of one of the most popular anti-virus systems, decided to respond to JPMorgan’s president calling Bitcoin a fraud. John states that Bitcoin is consistently growing and being used to an increasing extent, giving it real value. It is perfectly normal that sometimes the price rises and sometimes it decreases. This applies to virtually all new technologies. “It is certainly not a fraud”adds McAfee.
More: http://dowbit.com/john-mcafee-responded-to-jamie-dymons-arguments/
3. The Central Bank of India is considering a cryptocurrency as an alternative to the Indian Rupee. The executive director, Sudarshan Sen, voiced his fears of unregulated cryptocurrencies, like Bitcoin during the India FinTech Day conference. Even though Sen hinted at the possible blockchainization of the rupee, there are no official statements from the RBI confirming this information, as a long term strategy.
More: http://dowbit.com/india-will-have-its-own-cryptocurrency/
4. British Financial Conduct Authority (FCA) released new guidelines regarding ICOs, urging to be aware of the dangers. In one of the more reserved statements about the phenomenon of rising investments, FCA restrained themselves from any suggestions that certain systems might have legal issues. Avoiding collective laws regarding tokens, FCA follows the principle of U.S. Securities and Exchange Commission (SEC), which aims to consider every ICO scheme separately.
More: http://dowbit.com/british-fca-advises-caution-with-regard-to-icos/
You can find more information at http://dowbit.com/
See you tomorrow!
1. BTCChina exchange will stop all trading
2. John McAfee responded to Jamie Dymon’s arguments
3. India will have its own cryptocurrency
4. British FCA advises cation with regard to ICOs
1. One of the most popular Chinese exchanges – BTCChina Exchange announced that it will stop all trading on September 30. The decision was caused by latest Chinese regulations which also banned ICOs. BTCC is also not the first exchange affected by recent regulatory actions – Binance announced earlier that it will drop out of China.
More: http://dowbit.com/btcchina-exchange-will-stop-all-trading/
2. John McAfee, a controversial millionaire and creator of one of the most popular anti-virus systems, decided to respond to JPMorgan’s president calling Bitcoin a fraud. John states that Bitcoin is consistently growing and being used to an increasing extent, giving it real value. It is perfectly normal that sometimes the price rises and sometimes it decreases. This applies to virtually all new technologies. “It is certainly not a fraud”adds McAfee.
More: http://dowbit.com/john-mcafee-responded-to-jamie-dymons-arguments/
3. The Central Bank of India is considering a cryptocurrency as an alternative to the Indian Rupee. The executive director, Sudarshan Sen, voiced his fears of unregulated cryptocurrencies, like Bitcoin during the India FinTech Day conference. Even though Sen hinted at the possible blockchainization of the rupee, there are no official statements from the RBI confirming this information, as a long term strategy.
More: http://dowbit.com/india-will-have-its-own-cryptocurrency/
4. British Financial Conduct Authority (FCA) released new guidelines regarding ICOs, urging to be aware of the dangers. In one of the more reserved statements about the phenomenon of rising investments, FCA restrained themselves from any suggestions that certain systems might have legal issues. Avoiding collective laws regarding tokens, FCA follows the principle of U.S. Securities and Exchange Commission (SEC), which aims to consider every ICO scheme separately.
More: http://dowbit.com/british-fca-advises-caution-with-regard-to-icos/
You can find more information at http://dowbit.com/
See you tomorrow!
Cryptocurrency news – September 13
1. North Korea responsible for attacks on exchanges?
2. JPMorgan CEO says Bitcoin is a fraud
3. Rootstock launch this year
4. Bitfinex – problems with hundreds of login notifications
1. North Korea has been mentioned more than once as a potential source of large hacker attacks. Cybercriminals are supposed to operate there with the consent or even state support. According to a FireEye report, recent phishing attacks on the South Korean cryptocurrency exchanges may come from North Korea.
More: http://dowbit.com/north-korea-responsible-attacks/
2. Jamie Dimon, President of JPMorgan Chase, at a conference organized by CNBC on Tuesday, said that Bitcoin, as well as the entire cryptocurrency market, is one big fraud. According to Dimon, this is only a matter of time when governments are going to start regulating cryptocurrencies. Governments are primarily money creators. Bitcoin is currently treated only as a technological innovation.
More: http://dowbit.com/jpmorgan-ceo-says-bitcoin-is-a-fraud/
3. Last Monday, a special edition of Warsaw Block was held by Coinfirm. Ruben Altman (COO of Rootstock) has introduced the Rootstock project (RSK) and its plans for the future. Rootstock is a platform for building and enforcing smart contracts. At first glance, the idea is close to Ethereum, but RSK operates on Bitcoin’s blockchain.
More: http://dowbit.com/rootstock-launch-this-year-says-coo/
4. It would seem that Bitfinex exchange users are experiencing an interesting bug. Reports suggest hundreds of login notifications flooding their emails. So far, Bitfinex hasn’t addressed this issue.
More: http://dowbit.com/bitfinex-problems/
You can find more information at http://dowbit.com/
See you tomorrow!
1. North Korea responsible for attacks on exchanges?
2. JPMorgan CEO says Bitcoin is a fraud
3. Rootstock launch this year
4. Bitfinex – problems with hundreds of login notifications
1. North Korea has been mentioned more than once as a potential source of large hacker attacks. Cybercriminals are supposed to operate there with the consent or even state support. According to a FireEye report, recent phishing attacks on the South Korean cryptocurrency exchanges may come from North Korea.
More: http://dowbit.com/north-korea-responsible-attacks/
2. Jamie Dimon, President of JPMorgan Chase, at a conference organized by CNBC on Tuesday, said that Bitcoin, as well as the entire cryptocurrency market, is one big fraud. According to Dimon, this is only a matter of time when governments are going to start regulating cryptocurrencies. Governments are primarily money creators. Bitcoin is currently treated only as a technological innovation.
More: http://dowbit.com/jpmorgan-ceo-says-bitcoin-is-a-fraud/
3. Last Monday, a special edition of Warsaw Block was held by Coinfirm. Ruben Altman (COO of Rootstock) has introduced the Rootstock project (RSK) and its plans for the future. Rootstock is a platform for building and enforcing smart contracts. At first glance, the idea is close to Ethereum, but RSK operates on Bitcoin’s blockchain.
More: http://dowbit.com/rootstock-launch-this-year-says-coo/
4. It would seem that Bitfinex exchange users are experiencing an interesting bug. Reports suggest hundreds of login notifications flooding their emails. So far, Bitfinex hasn’t addressed this issue.
More: http://dowbit.com/bitfinex-problems/
You can find more information at http://dowbit.com/
See you tomorrow!
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