Wrapped Bitcoin Is Coming to Ethereum

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Bitcoin core is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will see BTC become WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based bitcoin to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem … Read more

Belgium Adds 21 Websites to List of Fraudulent Cryptocurrency Trading Platforms

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Belgium’s Financial Services and Markets Authority has updated the list of websites it says are cryptocurrency trading platforms showing signs of fraud. Twenty-one websites have been added to the existing list, bringing the total to 99 blacklisted sites. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 New Suspect Sites The Belgian Financial Services … Read more

Okex Cryptocurrency Exchange to Delist 42 Trading Pairs

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Hong Kong-based cryptocurrency exchange Okex will delist 42 trading pairs on Oct. 31 for failing to meet its listing requirements. Tokens such as iconomi, read and prochain, all paired with BTC, have been cited as having “weak liquidity and trading volume.” Okex said the move will create “a robust trading environment.” Also Read: Visa CEO Plays … Read more

Potential Dusting Attack can Disrupt Bitcoin Users’ “Privacy”

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The Bitcoin network appears to be under attack once again. No malicious miners are colluding to take over the network, albeit a new flood of transactions might cause some concerns. Samourai Wallet dubs this as a “dusting attack”, which can have troublesome consequences for those masking their tracks through extra privacy features and services. The … Read more

Weaponized Money: Thoughts on the Creation and Control of Bitcoin

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Some tin-foil hat conspiracy theorists believe government devised and built bitcoin as weaponized money to enslave the people. They think Big Brother made the technology to subjugate everyone, and that politicians are somehow benefiting from the technology. In an odd twist of logic, these people believe bitcoin represents a state-sponsored tool for control. Also read: Regulations … Read more

Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M

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In recent news regarding cryptocurrency exchanges, a member of the British Parliament has quit his role with a cryptocurrency exchange just four days after joining the company, analysts have estimated the daily volume of the over-the-counter (OTC) cryptocurrency markets to be $250 million, and Poloniex’s new terms of use have banned residents of Germany, China, Pakistan, … Read more

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