Significant Trade Volume Triggers Localbitcoins KYC Requirement

According to a recent thread on Reddit, Localbitcoins traders allegedly have to verify their identity if they are trading “significant” volume using the peer-to-peer platform. Also Read: Meet Memo: An On-Chain Social Network Built on Bitcoin Cash Localbitcoins ‘Error’ Involves Know-Your-Customer Verification Bitcoin users are frantically searching other exchanges today that don’t require Know-Your-Customer (KYC) verification. … Read more

Due Diligence Report on RChain Highlights Shady Past of Key Partnership Members

RChain has proven to be a very interesting project in the world of blockchain technology. Unfortunately, it seems the RChain Cooperative aspect of this project is running into some potential issues. One of the team’s members reached out to us to tell his side of the story, which paints a worrisome future for the RChain … Read more

Using Ethereum Blockchain Technology to Build Smarter Spacecraft

The use cases for blockchain technology are waiting to be discovered. While some people would love to see the Ethereum price go to the moon, its underpinning technology may get there first, by the look of things. The Resilient Networking and Computing Paradigm project is using blockchain and smart contracts to create a new breed of spacecraft. … Read more

Bitcoin Price Watch: Currency Jumps Back to $8,100

At press time, bitcoin has recovered to $8,100 after trading between $7,900 and $8,000 24 hours ago. One of the primary reasons for yesterday’s $400 drop may be Kraken’s recent announcement that it was pulling out of Japan. The San Francisco-based cryptocurrency exchange previously entered the country’s digital currency arena to assist Mt. Gox, the … Read more

Opera Adds a Built-In Ad Blocker to Thwart Cryptojacking Attempts

Fans of Bitcoin and similar currencies should know all about cryptojacking by now. This particularly worrisome trend has been growing in popularity for quite some time now, and it seems things will not improve in this regard. Thankfully, there’s now a somewhat easy way to determine whether or not one has fallen victim to cryptojacking. Make Sure … Read more

ETHLend Seeks European License to Issue Fiat-Based P2P Loans

It is evident there is a bright future ahead for companies looking to mix lending with cryptocurrency. So far, few of these efforts have been particularly successful, but there are always exceptions. In the case of ETHLend, the company is looking to expand into the fiat currency industry. It’s a remarkable development, as we hardly ever see a … Read more

Venezuela’s Petro Crypto Awarded the Satoshi Nakamoto Prize

Controversial may be the best word to describe Venezuela’s national cryptocurrency’s journey so far. The Petro was launched in late February by the South American country, and according to its whitepaper, every Petro token represents a barrel of crude oil in the oil-rich nation. The Petro has now received the Satoshi Nakamoto Prize in recognition of … Read more

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