Notorious Domain XBT.com Goes up for Sale at 200 BTC

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XBT.com, one of the web’s most desirable domain names, is up for sale. Its current owners, XBT Holding SA, are seeking 200 BTC – or about $2.9 million – for the site. The domain is coveted partially because XBT is the abbreviation that many institutional trading platforms use for bitcoin, and also on account of … Read more

Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions

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Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party … Read more

Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

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This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). Also read: No, Mainstream … Read more

Japan’s Most Popular Chat App In Talks to Integrate Cryptocurrencies

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Japan’s most popular chat app, with 168 million active monthly users, Line, could soon integrate cryptocurrencies. The company is reportedly in talks with a number of companies to integrate cryptocurrencies into its mobile payment service, Line Pay. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Line Could Soon … Read more

What Is AppCoins?

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AppCoins (APPC) has held its ICO and is up nearly 300% since being added to Binance last Friday. But that’s not what interests me the most about this small market cap asset. Beyond the Big Boys If using bitcoin is one way of saying “f*** you” to the banks who until now have largely controlled … Read more

US Marshals Plan to Auction $52M Worth of Seized Bitcoins

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The U.S. Marshals announced on January 11 that the agency has plans to have another online bitcoin auction on January 22. The six-hour auction will see the sale of 3,813 bitcoins ($50Mn USD) seized from various criminal cases. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Six-Hour Online Bitcoin Auction … Read more

Australian Taxation Office Wants to Curb Bitcoin-Related Tax Evasion

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People may have been using cryptocurrencies to evade taxes all over the world. Whether or not anyone will ever uncover evidence of people doing so remains subject to speculation. In Australia, the Australian Taxation Office wants to find out how people are using cryptocurrencies. A new task force has been created to investigate any reports … Read more