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The cryptocurrency ecosystem was sent abuzz this week as the US Securities and Exchange Commission (SEC) published a report of two new applications for bitcoin exchange traded funds (ETFs) to be listed on the New York Stock Exchange (NYSE) Arca. Will the crypto gods finally answer some enthusiasts’ prayers for mainstream adoption? Also read: Help Wanted! … Read more
In a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms … Read more
Bitcoin in Brief is your daily roundup of the stories that matter from the cryptosphere. Drama; in-fighting; hacks; humor; it’s all here. In today’s edition, Vitalik Buterin gets catty, Coinbase meets “coinbase”, and Tim Draper has an audacious suggestion for India. Also read: Help Wanted! Japan Needs Crypto Engineers Coinbase and “coinbase” Are Not the Same … Read more
For only the second time in its history, an attempt at tokenizing Ripple’s XRP ledger through an initial coin offering (ICO) is being seriously offered by a group not formally associated with the company. It’s an interesting juxtaposition for a project widely believed to be actively separating itself from the messiness of the cryptocurrency world. … Read more
When you’re absorbed in the bubble of the cryptocurrency world, it’s sometimes hard to remember there are plenty of people who still haven’t heard of Bitcoin, let alone Monero, Ethereum, and Ripple. While experts in the industry are busy debating the use of blockchains to expedite payments and eradicate fraud (among a myriad of other … Read more
Jose Santana Torres’ first Bitcoin payment for taxi services was sort of an accident. His clients, Logan Ryan Golema and Lauren Slade, paid him an extra $135 for a $15 fare in Bitcoin. Jose’s story is about more than just accepting crypto, however. He is part of an emerging crypto economy on the island following … Read more
The half billion dollar Coincheck exchange hack is still working its way through the ecosystem, carrying implications of all sorts. Rarely mentioned is how, at least in part, the exchange’s problems were due to a lack of crypto engineers in Japan. A dearth of engineering know-how is a perfect recipe for security gaps to be … Read more
The Reserve Bank of India (RBI), the nation’s central bank, has directed all regulated entities including banks not to provide services to businesses dealing in cryptocurrencies such as bitcoin. RBI is doing so to protect consumer interest and to slow money laundering, the bank’s press release stressed. RBI also announced formation of an official study … Read more
Derrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an … Read more
Welcome to the Friday edition of Bitcoin in Brief. The fourth instalment of this new feature from news.Bitcoin.com is the most eclectic yet, encompassing everything from Satoshi Nakamoto’s faux birthday to juicy snippets from the Tezos lawsuit. According to court documents, the project’s co-founder, Kathleen Breitman is a “one woman band”. Also read: Bitcoin in Brief … Read more
