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Spanish Regulators Mandate Cryptocurrency Holders to Formally Identify Themselves

October 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

The Spanish government has reportedly approved a draft law that will make it mandatory for digital asset holders with over €50,000 ($57,000) in their cryptocurrency wallets to identify themselves and announce their exact holdings. This new rule is targeted at curbing cryptocurrency tax evasion, according to a Finance Magnates report...

Bitcoin, Scams, and Everything in between: In Conversation with Peter Todd

October 26, 2018 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Commentary, Cryptocyclopedia, Ethereum, Finance, Interviews

Peter Todd has been one of the most vocal developers in the Bitcoin space and for good reason. The 33-year-old Canadian software engineer has been fiddling with the pioneer cryptocurrency for some time now, and when perusing his blog, much of this work has also shaped much of the crypto...

AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets

October 26, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Mining, News, Platform, Tech

According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018. Financial Figures in the Report Per the report, AMD’s revenue for Q3 of 2018 rose...

Sony Develops Contactless Cryptocurrency Hardware Wallet

October 26, 2018 by Nigel Dollentas at Altcoins, Bitcoin, News, Tech, wallet

Sony Computer Science Laboratories, an arm of Sony Corporation, announced October 23, 2018, in a press release the development of a contactless IC card with the purpose of being used as a cryptocurrency hardware wallet. Securing Cryptocurrency As cryptocurrency becomes a more popular option for wealth accumulation and storing of...

Shark Tank’s Kevin O’Leary Invests Six Figures into Cryptocurrency App Bundil

October 26, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Platform, Tech

Shark Tank' Kevin O'Leary has invested $100,000 into Bundil, a mobile app that lets people turn their spare change into cryptocurrencies, CNBC reported on October 23, 2018. Bundil Makes a Deal with Kevin O’Leary Bitcoin and cryptocurrencies are slowly finding their way into mainstream media, with the latest episode of...

China’s First Blockchain Security Testing Center is Coming to Changsha

October 26, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Finance, News, Platform, Tech

China is ready to establish its first blockchain security testing center - courtesy of an agreement signed between The National Computer Network Emergency Coordination Center and the economic development zone of Changsha, China News Service reported on October 24, 2018. Security Testing Center to Be Launched in Changsha As per...

Japan’s Financial Regulator Discussing Caps on Crypto Margin Trading

October 26, 2018 by Priyeshu Garg at Altcoins, Business, Investment, News, Regulation

Japan's Financial Services Agency (FSA) is planning to put a cap on the leverage available for crypto margin trading to curb speculation and risk, Nikkei Asian Review reported on October 25, 2018. Caps on Cryptocurrency Margin Trades Weighed in Japan Japan's financial watchdog is reportedly planning to put a cap...

Tether Burns More than 500 Million USDT

October 26, 2018 by Cindy Huynh at Altcoins, Business, Finance, News

Tether, the company that issues the world’s largest stablecoin USDT, announced via Twitter that they redeemed 500 million USDT tokens from the Tether treasury wallet. According to the press release published on October 24, 2018, Tether will leave the remaining 466 million USDT in the wallet to prepare for future...

Earn Cryptocurrencies by Upvoting Content; Social Media Tokens on the Rise

October 25, 2018 by Nuno Menezes at Altcoins, Blockchain, News, Platform, Tech

PlusOneCoin (PLUS1) is a new cryptocurrency that can incentivize users to access and share content while also offering a new way for publishers and content providers to monetize their services, reported Techcrunch on October 24, 2018. Proof of Upvote PLUS1 essentially enables users to up-vote content on two financial sites, ADVFN...

NEO Mainnet Gets Much Awaited Updates, Votes in KPN as a Consensus Node

October 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, News

The NEO “MainNet” has seen two significant updates in a single week, launching a new consensus node and update 2.9.0, the company announced in a Medium post published on October 22, 2018. NEO MainNet Upgraded to 2.9.0 (Source: Medium) The last few weeks of October have seen a slew of...

Bitcoin, Ether, XRP Weekly Market Update: October 25, 2018

October 25, 2018 by Georgi Hristov at Altcoins, Bitcoin, Business, Exchange, News, Price Analysis, Regulation

BTC dropped $120 of its value and closed the trading day on October 18 at $6,615. The loss constituted its most significant one-day drop since October 11. BTC-USD On the same day, observers saw the Chicago Mercantile Exchange (CME) reporting significant growth in BTC Futures trading in Q3. The exchange...

Parity Founder Demonstrates Ease of Creating a DLT System, Launches a Blockchain Within Minutes

October 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Business, Ethereum, News, Platform

While distributed ledger technology (DLT) undoubtedly has the potentials to revolutionize nearly all sectors of the global economy, many startups still find it an arduous task creating and deploying their blockchain networks. However, the founder of Parity Technologies, Gavin Wood has turned the game on its head by launching a blockchain...

XRP-Backed Crypto Loans Now Offered by Nexo

October 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, Investment, News, Platform, Tech

Cryptocurrency loans startup Nexo has announced that effective immediately, XRP is being added to the platform as a collateral option following the result of a community poll which indicated that more and more users are now holding XRP. In the announcement on its official blog on October 18, 2018, Nexo...

HTC’s First Blockchain Phone Can Only Be Purchased With Cryptocurrencies

October 25, 2018 by Pratik Makadiya at Altcoins, Blockchain, Ethereum, News, Platform, Tech

Over the past few years, HTC has been failing to gain traction among smartphone customers due to the rise in competition from the likes of Apple, Google, Samsung, and OnePlus. To win back its market position, the company has turned towards blockchain technology and is about to launch the first...

Binance to Launch a Crypto Exchange in Singapore After Landing Vertex Investment

October 25, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, News, Platform, Tech

Binance, a blockchain company that runs one of the largest cryptocurrency exchanges in the world, has announced an investment from Vertex Ventures to open a crypto-to-fiat exchange in Singapore, Bloomberg reported on October 23, 2018. Vertex Invests in Binance to Expand in Singapore Vertex Ventures, the venture capital arm of...

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