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Mark Zuckerberg, founder, chairman, and CEO of social media platform Facebook, has posted his annual challenge. It’s often a look back at major events, taking stock of the year, and appraising what’s ahead. This year, he ended his note with a pointed call to “take power from centralized systems” by employing uses for “encryption and … Read more
When people discuss cryptocurrencies, there are a few key factors which should always be taken into account. Judging currencies on the basis of their market caps alone is no longer a viable option, even though it is still the most popular indicator. There are other factors to take into account in order to get the complete … Read more
The Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm, reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be … Read more
The Ho Chi Minh City Customs Department has revealed the number of known mining rigs imported into Vietnam in 2017. Over 7,000 rigs were brought into the country, mostly from China, with over 5,000 entering since November. While Vietnam is clamping down on the use of bitcoin as a means of payment, mining rigs are … Read more
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption. Also read: … Read more
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
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
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
The South Korean government has for the first time obtained data of the total amount of fiat deposits made at cryptocurrency exchanges. At the end of last year, the amount of deposits was 64 times higher than in the previous year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Koreans … Read more
The Bank of England might have “its own Bitcoin-style digital currency” this year already, according to the country’s legacy media. The more than three hundred year old bank set up a research unit back in 2015 to investigate linking a state-backed crypto to sterling, and there appears to be a breakthrough. Also read: EU Central … Read more