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Bitcoin Cash is the real Bitcoin, Says US Govt Standards Agency NIST
“Technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain,” according to a draft report on blockchain technology by the National Institute of Standards and Technology (NIST) The controversial statement appeared in a draft document titled “NISTIR 8202 – Blockchain Technology Overview” It attempts to set a clear definition of what blockchain technology […]
The Lightning Network goes on BTC Mainnet
The Lightning Network is a proposed scaling solution that may help cure the bitcoin core protocol’s transaction congestion and rising fees. The idea is to enable off-chain transactions and micropayments through a peer-to-peer network of bidirectional payment channels. Over the past six months there’s been a lot of testing using test-BTC. But lately, there’s been […]
Bitcoin continues to take over Japan
Yamada Denki, one of the largest consumer electronics retailer chains in Japan with hundreds of stores and some $10 billion in revenue, said they are to start accepting bitcoin payments. In collaboration with bitFlyer, Japan’s biggest crypto exchange, they are to initially accept bitcoin payments in two of their stores (pictured) in Shinjuku, a neighborhood […]
IS cryptoworld going mainstream?
IS cryptoworld going mainstream? A race might be on as merchants try to gain a competitive advantage through far lower fees and by opening themselves to a new half a trillion global crypto market. Starbucks opened the firing shot, with its chairman, Howard Schultz, making it clear the world is going the crypto way. He said: […]
Why the Chinese Crypto trading Ban is Ineffective
When the Chinese government banned crypto-currency exchanges in September of last year the effect was fairly large, but also very short lived. So how did the Chinese crypto-enthusiasts get around the trading ban? Why is Chinese Crypto trading Ban ineffective? In the aftermath of the Chinese crypto-trading ban, the largest Chinese crypto-currency exchanges underwent minor […]
Is Bear turning Bull?
Last month, most of the bitcoin futures contracts were bearish as traders forecasted a downtrend in value of Bitcoin. However, according to recent data, current futures are mostly betting ‘long’ on bitcoin’s price — predicting that BTC’s value will be rising shortly. Bull and bear The introduction of Bitcoin linked futures contracts brought a lot […]
Japanese cryptocurrency exchange Coincheck was hacked
One of the largest Japanese cryptocurrency exchange – Coincheck, was the victim of a massive hack resulting in a loss of 523 mln NEM coins, worth approximately $534 mln. The coins were stolen through several unauthorized transactions from a hot wallet at 3:00 am local time on Friday, Jan. 26. Following the hack, the Coincheck exchange has […]
Cryptocurrency trading without fees launched by robinhood investing app
Cryptocurrency trading without fees Watch out crypto exchanges as popular stock trading app ‘Robinhood‘ is coming to steal your space in the crypto world. It has absolutely streamlined, no-commission approach. On Thursday, Robinhood announced that by February next month, it will allow its customers to buy Bitcoin and Ethereum without any added transaction fees. However, […]
IS China finnally ready to accept cryptocurrency?
Cryptocurrencies and Initial Coin Offerings (ICOs) have been hardly punished in China with regulations. But apparently, new regulations prepared for 2018 would end the ban over ICOs. China’s People’s University Law School vice president Yang Dong released the information. Will Chinese ban of ICOs end in 2018? The Southeast Asia Blockchain Summit was important for the cryptocurrency […]
First platform for celebrities and their fans on Blockchain
TokenStar is a decentralized platform which was built on the Blockchain, its purpose is to connect celebrities with their fans and advertisers. Celebrities can now introduce million of new users to the crypto industry to further drive the adoption of technology. 15 celebrities are already using this platform, like football champions Lothar Matthäus and Gianluca Zambrotta, Hollywood photographer […]
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