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Multi-signature, or multisig, is a wallet configuration that requires at least two keys to authorize a transaction. Commonly used by cryptocurrency exchanges to ensure funds can’t be moved by a rogue employee, multisig also has applications for end-users. If you’re seeking to enhance the security of your noncustodial bitcoin wallet, multi-signature might be the answer. … Read more
The popular website Chess.com used to accept bitcoin, but like many other well-known merchants it dropped the BTC payment option. Now after some discussion with an avid Bitcoin Cash (BCH) proponent, the website is accepting BCH for payments for its diamond, platinum and gold memberships. Also Read: Report: Business Owner’s Seething Critique of the Lightning … Read more
Over the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains … Read more
The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Also read: Indian Supreme Court Gives Government 4 Weeks … Read more
A business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the offchain … Read more
The Thai Securities and Exchange Commission (SEC) has announced a list of four approved cryptocurrencies for use as base trading pairs in the country. The regulator reportedly took into account factors such as sufficient market liquidity and a well-designed decentralized system. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval 4 Cryptocurrencies … Read more
On Feb. 27, KYC-free cryptocurrency exchange Hodl Hodl announced a new service called Predictions, which will soon be added to the peer-to-peer trading platform. Hodl Hodl believes prediction markets are useful financial instruments within the crypto ecosystem that offer an incentive for those forecasting the specific outcome of an event. Also read: What Does the … Read more
There’s a new freelancing platform called Freelance for Coins that provides users with the ability to publish offers and bids for cryptocurrencies. In order to help facilitate deals between users, the service not only allows people to publish their bids and offers, but also provides them with a messenger for chatting. It also enables crypto … Read more
The Financial Action Task Force has finalized its requirements for the supervision and monitoring of cryptocurrency service providers. The inter-governmental body has reportedly urged all of its 35 member countries to regulate crypto exchanges in the same manner they regulate commercial banks. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval Regulating … Read more
Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. Putin’s latest order resembles one he made regarding crypto regulation last year. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin … Read more