Month: December 2017

Israeli Regulator Investigating Public “Bitcoin” Company for False Claims

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Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do too far just to have some … Read more

How a 2014 Bitcoin Project Will Pay an Alaskan Schoolgirl’s College

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In 2014, a schoolgirl decided to do her class project on bitcoin. As part of her presentation, she distributed 30 paper wallets containing BTC to her classmates. Three years later and half of her peers still have their wallets, with some planning to use the windfall to help pay for college. The girl at the … Read more

Russia Unveils Proposed Regulation Putting Limits on ICOs and Investors

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The Russian finance ministry has unveiled its proposals for the regulation of initial coin offerings (ICOs) in the upcoming bill to be submitted this week. They include the maximum amount an ICO can raise as well as an investment limit for unqualified investors. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and … Read more

Russian Reports say Crypto Entrepreneur Pavel Lerner Kidnapped in Kiev

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Russian programmer and cryptocurrency investor Pavel Lerner has been kidnapped in Kiev, according to Ukrainian and Russian media reports. He is the managing director of Exmo, a major UK-based exchange popular with Russians for accepting ruble payments. Lerner is also well known in Ukraine where he has startups dealing with mining operations and blockchain technology … Read more

Survey Says 31% of South Korean Workers Are Cryptocurrency Investors

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Survey data shows that about three out of every 10 South Korean workers have invested in cryptocurrency in some shape or form.  Also Read: Former FDIC Chair Sheila Bair on Bitcoin: “Value — Like Beauty — Is in the Eye of Beholder” 31.3% Invested in Virtual Currencies On Wednesday, online job portal Saramin surveyed 941 salaried … Read more

Bitpay Starts Implementing Bitcoin Payment Protocol Invoices Decreasing Wallet Support

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This week the cryptocurrency payment processor Bitpay implemented the BIP70 Payment Protocol into their debit card bitcoin-to-dollar-load invoices. According to the company, the feature will prevent common payment errors and offer better security against man-in-the-middle attacks. Also Read: Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees Using the Payment Protocol to Prevent … Read more