#Bitcoin

Bitcoin Developers Unhappy as Microsoft Acquires GitHub

June 5, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, Finance, News

American software giant Microsoft has finalized a deal to acquire GitHub, a code hosting platform, for $7.5 billion in company stock. The official announcement was made June 4, 2018, almost an entire week after rumors surrounding the acquisition spread like wildfire. Since GitHub hosts the underlying code of a wide...

IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCs

IMF Releases Report on Cryptocurrencies: Highly Regards the Technology’s Benefits and Use Cases

June 5, 2018 by contributor at Altcoins, Bitcoin, Commentary, Ethereum, News

The global financial crisis, the most recent being the 2008 crisis and the humongous bailout packages for top financial institutions and even the entire economies like Greece, definitely raised some eyebrows over central banks’ monopoly on the issuance of currency. With this in mind, the June 2018 edition of International...

New York-based Law Firm Develops Crypto Litigation Tracker

New York Authorities Submit Proposal to Form Digital Currency Task Force

June 5, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

The Bitcoin flag is firmly setting deep roots around the world, with authorities making swift moves to regulate the burgeoning digital assets sector. In a development on May 30, 2018, the New York State Assembly proposed launching a digital currency task force to evaluate the cryptocurrency and blockchain sector. Integrate...

CFTC Chairman to Senators on Bitcoin: “We owe it to this new generation to respect their interest”

SEC Appoints Cryptocurrency Advisor to Spearhead Development and Regulations

June 5, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

On the heels of New York state legislation proposing a digital currency task force, the U.S. Securities and Exchange Commission (SEC) went one step ahead and appointed a cryptocurrency advisor on June 4, 2018. SEC’s Blockchain Push As per the official announcement, Valerie A. Szczepanik will now spearhead the SEC’s...

The Australian Beach Town Where You Can Pay for Your Holiday in Bitcoin

June 4, 2018 by Cindy Huynh at Bitcoin, Business, News

Agnes Water-1770, a town in central Queensland, Australia is currently “Australia’s first digital currency-friendly” tourist town. They currently have over 30 businesses that accept cryptocurrencies as an alternative form of payment. The goal is to attract more international tourists who prefer to pay for goods and services with digital currencies...

Ticketfly Hack Saga Continues: Status of Bitcoin Ransom Remains Unknown

June 4, 2018 by Priyeshu Garg at Bitcoin, Business, News, Tech

Nearly four days after being forced offline by a hacker demanding a ransom payment in bitcoin, the Ticketfly website is partially back in operation. The event ticketing and management platform announced this on their official website on June 2, 2018. Source: Ticketfly Possibility Of Compromised Client Information Starting on the...

Pedro Moreno-Sanchez Speaks About CoinShuffle and the Future of Bitcoin

June 4, 2018 by Rahul Nambiampurath at Bitcoin, News, Tech

Many researchers, scholars, and developers are trying to find the most optimal solution to hide the identity of users on the blockchain. Three researchers, Tim Ruffing, Pedro Moreno-Sanchez and Aniket Kate, published a paper titled ‘CoinShuffle: Practical Decentralized Coin Mixing for Bitcoin’ in September 2014. Since then, they have also...

Meet the Unknown Bank That Is Funding Major Cryptocurrency Exchanges

June 4, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Regulation

The somewhat hyped Consensus 2018, witnessed a deep interest in a San Diego-based small community money-lender Silvergate Bank. It has been hailed as a lifeline for cryptocurrency exchanges and enterprises which have been shown the exit by Wall Street banks. The Lifeline for the Crypto Industry According to a report...

China at Risk of Losing out on Bitcoin Revolution, Says State-owned Newspaper

June 4, 2018 by contributor at Altcoins, Bitcoin, Blockchain, News, Regulation, Tech

Around the world, cryptocurrencies are fast threading along a relatively positive path towards acceptance, as governments and regulators are testing, deploying, and evaluating the integration of blockchain and cryptocurrency into their existing economic systems. Country’s Redundant Crypto Laws As per as a report by state-owned Global Times, considerate Chinese cryptocurrency...

Singaporean Entrepreneur Acquires FX Trade Financial and Cryptocurrency Exchange

June 4, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Regulation

BitTrade For $50 Million Eric Cheng has completed a 100 percent stake acquisition of FX Trade Financial and its affiliate company BitTrade. The Singapore based entrepreneur shelled out S$67 million ($50 Million) for the acquisition, making him the first foreign investor with a 100 percent stake in a Japanese cryptocurrency...

Buying Groceries With Cryptocurrencies Becomes a Reality

June 4, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Ethereum, News

In an attempt to bring cryptocurrencies into the mainstream, a crypto enthusiast entrepreneur (or a team) have come up with an innovative idea to blend two passions; virtual currencies and nutrition, by enabling grocery shopping using cryptocurrencies, known as CoinGrocer. The ardent anonymous team launched a beta version of an...

Positive Bitcoin Use Case Otherwise Not Possible

June 4, 2018 by Guest Post at Bitcoin, Commentary, News, Tech

BTCManager has been following Mathbot for a while now, and we are reposting this Medium entry by Anders Kargaard to raise awareness of Mathbot, which is using bitcoin in a unique way to promote education. We are used to hearing stories about established men from the legacy system telling us...

Ripple CEO: Altcoins to Soon Decouple from Bitcoin’s Price Gyrations

June 3, 2018 by contributor at Altcoins, Bitcoin, Commentary, News

The cryptocurrency sector attracts a lot of mainstream media attention due to monumental investment returns, with much of the price movements attributed to bitcoin. But, the CEO of Ripple, Brad Garlinghouse, believes that this phenomenon could soon end, and cryptocurrencies may decouple from bitcoin’s price action before the end of...

Countdown to BCI Summit in New York City

June 3, 2018 by Liam J Kelly at Altcoins, Bitcoin, Ethereum, News

The arrival of institutional investment into the crypto space has signaled a number of maturity benchmarks for the likes of Bitcoin, Ethereum, and Ripple. As such, it seems like everyone and their mothers are trying to get a grip on this emerging financial asset. As mainstream is turning towards digital...

Cryptocurrency Investors Say Bitcoin Screaming a Buy from Technical Charts

June 3, 2018 by contributor at Bitcoin, Commentary, Finance, News

Despite the ever-plunging prices of cryptocurrencies since their mammoth rise in December 2017, Pantera Capital’s Dan Morehead maintains a favorable view, and believes that bitcoin should be bought “while still cheap.” Actual Belief or Selfish Benefits? While the San Francisco-based investment firm deals only in cryptocurrencies, Morehead lent insight into...

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