Peter Thiel’s VC Fund Invests Millions Into Bitcoin, Market Reacts
Peter Thiel’s venture capital fund bought millions of dollars worth of BTC, WSJ reports. #NEWS Go to Source Powered by WPeMatico
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Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot
Investor Peter Thiel has reportedly made an all-in, rather giant, bet on bitcoin. Mainstream financial press is reporting his venture capital fund purchased and held the digital asset through last year’s thousand percent-plus gains, making the decentralized currency one of his firm’s most valuable investments. Also read: Jimmy Song Uses Andreas Antonopoulos Model, Open Sources … Read more
Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical
Russia’s president Vladimir Putin has reportedly commissioned work to create a cryptocurrency as a tool to circumvent international sanctions. His economic adviser explained that “no mining is possible” for the cryptoruble. Meanwhile, the country’s central bank and finance ministry have expressed skepticism about this “cryptocurrency.” Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details … Read more
Gibraltar Launches Regulation to Protect Value and Reputation
A mechanism tailored to protect customers of cryptocurrency businesses in Gibraltar, and its own reputation, went into effect on January 1. The regulation targets blockchain technology – companies storing and transmitting value must now be licensed by the Financial Services Commission (GFSC). Also read: Malta Bitcoin Schizophrenia: Government and Banks Send Mixed Signals Gibraltar – … Read more
South Korea Expected to End Anonymous Crypto Trading by January 20
The South Korean government has been working on a system to enforce real-name identity verification on cryptocurrency traders. This system is expected to be implemented around January 20, thus ending the current practice which allows for anonymous crypto trading. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Real-Name System … Read more
Bitcoin Adoption in Africa Hinders EAC Plans for a Unified Currency
Due to a declining economy and eroding national currencies, the East African Community (EAC), an intergovernmental central bank organization composed of six countries in eastern Africa have plans to adopt a unified currency. However, the growing popularity of bitcoin and other digital currencies are hindering the East African central bank’s abilities to establish a harmonized … Read more
Jimmy Song Uses Andreas Antonopoulos Model, Open Sources Forthcoming Book
Jimmy Song, well-known bitcoin core developer, has embarked on writing a book for technical publisher O’Reilly. Programming Bitcoin is different with respect to not only the subject matter but also the way it is being constructed. Using the successful model outlined by world renowned educator Andreas Antonopoulos, he will expose each chapter to the ecosystem, … Read more
Markets Update: Cryptocurrencies See Big Gains After New Year’s Day
The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days. Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges. However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 percent during … Read more
PR: The Segwit 2x Fork Has Been Successfully Launched on December 28th
On December 28th, one of the main hard forks took place in Bitcoin history, Segwit2X, which revealed acute problems in the work of crypto-exchanges, wallets, and decentralization in general. Why ordinary users are left with less and less choice and how to solve this problem? The post PR: The Segwit 2x Fork Has Been Successfully … Read more
Russian Bishop Condemns Cryptocurrencies
A Russia bishop has hit out at the valuation of cryptocurrencies and the US dollar. #OPINION Go to Source Powered by WPeMatico