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Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks are not as frequent as they think and Simon Dixon breaks down his three problems with the … Read more
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. But their assertions are often inaccurate, particularly when it comes to determining the legality of cryptocurrency. Also read: Jamaica Stock Exchange Plans to … Read more
JP Morgan has continued to bash bitcoin and cryptocurrencies, saying the value of them is still unproven and that it will be at least another three to five years before blockchain technology makes a difference to the banking sector. Also read: Jamaica Stock Exchange Plans to List Security Tokens ‘A Dystopian Scenario’ America’s largest bank has … Read more
Over the last few months, there’s been a lot of discussion about the company Ripple Labs and the digital token XRP. A recently published report on the market valuation of XRP, authored by the cryptocurrency data startup Messari, has caused quite a stir among the community. After Messari’s founder Ryan Selkis shared an article concerning … Read more
In Friday’s installment of The Daily, we round up the latest debate over whether market cap should be used to rank cryptocurrencies. Members of the Ripple community are up in arms over new data that suggests their token’s market cap should be billions of dollars lower than currently stated. We also detail the latest update … Read more
The Jamaica Stock Exchange (JSE) is to list security tokens as tradable assets after completing a 60-day live trading pilot with Canadian blockchain company Blockstation. The JSE joins a growing list of stock exchanges in parts of the world that have started to offer similar services, including trade of common cryptocurrencies like bitcoin core. Also … Read more
On Jan. 22, blockchain infrastructure firm Bitfury announced during the World Economic Forum in Davos that Satoshi Nakamoto’s Bitcoin whitepaper has been translated into Arabic and Hindi for the first time. The translations of the paper “Bitcoin: A Peer-to-Peer Electronic Cash System” can now be read by the millions of people around the world who … Read more
The current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new fund reportedly in the works is designed to help such struggling firms with much-needed finance until the situation improves and they return to profitability. Also Read: … Read more
According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto … Read more
Britain’s financial regulator is seeking to clarify which cryptocurrency activities need to be officially authorized. The regulator is specifically cautioning that it may ban the sale of crypto derivatives such as CFDs later this year. It’s also clarified that cryptocurrencies and utility tokens are not securities. Also Read: Blockchain.com Launches New Educational Resource With BCH … Read more