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Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere … Read more
The South Korean government has reportedly de facto banned all government officials from holding and trading cryptocurrencies. Even if their crypto activities are not related to their jobs, public officials can still be subject to disciplinary actions. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Public Officials De Facto Banned from Crypto South … Read more
In the past week, three of the most popular cryptocurrency exchanges have cut bitcoin withdrawal fees by up to half. While the average price of sending bitcoin has been falling for weeks, these savings had yet to be passed on to exchange customers. Now Binance, Bitfinex, and Kraken have all reduced their fees amidst a … Read more
In times of economic uncertainty, bitcoin flourishes. In times of high fees, litecoin prospers. And in times of Coinbase rumors, ripple shines. Today was one such day. In a repeat of December, January, and every other month, XRP has been linked with Coinbase, the altcoin rose rapidly in value on March 5…only to sink once … Read more
On March 2-4 the international pro-liberty nonprofit, Students For Liberty, hosted a three-day conference called Liberty Con, an event that aims to “to educate, develop, and empower the next generation of leaders of liberty.” In addition to the many ideas that promote freedom attendees got a taste of cryptocurrency from the Bitcoin.com booth alongside a … Read more
A recent patent filing reveals that Paypal might be considering expanding its exposure to the cryptocurrency ecosystem with a new system for speedy transactions. We shouldn’t however expect a Paypal Lightning Network or anything close to that any time soon. There is currently a global race to file patents for everything crypto or “blockchain” related … Read more
Bitcoin was born on the internet but destined to end up in court. Where there’s money, there’s a trail of gold-diggers, scammers, and slighted plaintiffs, and as bitcoin has risen in value, so have the court cases. With lawsuits, threats of litigation, subpoenas, and regulators sending gavels slamming in courtrooms across the land, this week’s … Read more
Genesis blocks hold a symbolism that’s almost spiritual. They represent the birth of a new cryptocurrency, and when that currency flourishes, its foundation stone – the maiden block to have been mined – is referenced reverentially. Ethereum’s first address is a memorable one: 0x followed by 40 zeroes. It’s also a dangerous one that has … Read more
Canada seems to have become the hottest destination for bitcoin miners from all over the world thanks to a combination of cheap renewable hydroelectric energy and hospitable cold weather. One miner, Bitfarms, is set to raise a small fortune to solidify its position in the region and better face the heated competition. Also Read: Goldmoney … Read more
A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded … Read more