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Coinbase Commerce API Makes Peer-to-Peer Shopping Possible

April 5, 2018 by Kieran Smith at Altcoins, Bitcoin, Business, Finance, News

Coinbase announced the launch of the Coinbase Commerce API on April 3, which makes it easier for merchants to accept cryptocurrencies as part of their existing e-commerce solution. The API (Application Programming Interface) enables the merchant to automatically generate the option of paying with cryptocurrency and use the infrastructure provided...

Taiwan Banking Chief Wants Anti-money Laundering Laws Enacted for Bitcoin

April 4, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, News, Regulation

The Governor of the Central Bank of Taiwan, Yang Chin-long, has called for anti-money laundering (AML) laws to be put in place for bitcoin transactions. The regulatory move comes as the country is in the process of developing a legislative framework that will create an enabling environment for the crypto...

South Korean Bitcoin Frenzy Continues as Government Formulates New Regulations

South Korean Exchanges Believe Regulations Are Required for Cryptocurrencies

April 4, 2018 by contributor at Altcoins, Bitcoin, Finance, News, Regulation

Speaking at the Deconomy Conference 2018 on April 3 and 4, the heads of various South Korean cryptocurrency exchanges came together to discuss the rise of the "cryptoeconomy" in the country, and how they see it moving further keeping regarding regulations and other concerns. Crypto Market Amidst A Huge Correction...

BitPesa CEO: We Are Demonstrating Industrial Use Cases for Bitcoin Everyday

BitPesa CEO: We Are Demonstrating Use Cases for Bitcoin Everyday

April 4, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Commentary, Finance, News, Tech

Bitcoin and indeed the entire blockchain technology industry is seen as being a male-dominated field. In fact, the general narrative that describes the demographic distribution of the industry is one in which it is populated by Caucasian males between the ages of 18 to 40. BitPesa Since 2013 This gender...

Hullcoin: Can Local Currency Help Stimulate Hull’s Economy?

April 4, 2018 by George Agbugba at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Volunteers and community workers may soon be able to get rewarded for doing "socially-useful tasks” thanks to a blockchain technology that rewards individuals effort with Hullcoins, of which can be exchanged for discounts at local retailers. Social Good and Local Currencies The idea, which had its inception in 2014, is...

Kazakhstan Considers Prohibiting Cryptocurrencies

April 4, 2018 by Cindy Huynh at Altcoins, Bitcoin, Commentary, News, Regulation

The National Bank of Kazakhstan may ban all activities related to cryptocurrencies which include cryptocurrency mining and exchanges. Kazakhstan’s Central Bank is taking a more conservative approach toward cryptocurrencies as an attempt to prevent citizens from converting Kazakh’s fiat currency into virtual currencies. According to Sputnik news, Daniyar Akishev, Kazakhstan’s...

He’s A Fraud!: Ethereum’s Buterin Calls Out ‘Fake Satoshi’ At Deconomy

April 4, 2018 by contributor at Bitcoin, Commentary, Ethereum, News, Tech

In a bold move, Ethereum co-founder Vitalik Buterin took to Twitter to post fallacies found in the panelist discussions, at the Deconomy 2018 conference on April 3. The 24-year-old publicly called out Craig Wright, a controversial bitcoin figure, and asked the panel “Why is this fraud allowed to speak at...

Arizona-based Bitcoin Trader Charged With Money Laundering

April 4, 2018 by Cindy Huynh at Bitcoin, Finance, News, Regulation

Arizona-based bitcoin trader Thomas Mario Costanzo, also known as “Morpheus Titana” on Twitter, was recently convicted with five counts of money laundering by a federal jury in Phoenix on March 28, 2018. According to a Justice Department announcement, US federal agents initiated an investigation on Thomas Mario Costanzo, in 2014...

From Russia With Bitcoin: Kaliningrad Hotels Welcome Bitcoin Payments for 2018 FIFA World Cup

April 3, 2018 by Priyeshu Garg at Bitcoin, Business, Finance, News

In what is undoubtedly another testament to the growing popularity of bitcoin, many of hotels in Kaliningrad, Russia have declared that they will accept bitcoin payments from guests who stay at their hotel during the summer showpiece event in Russia. Kaliningrad is one of the 11 Russian host cities for...

After Championing the Blockchain Revolution, IBM is now Preaching Cryptocurrencies to Central Banks

April 3, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Finance, News

In the corporate world, everybody loves blockchain technology, but most don't talk about bitcoin and other cryptocurrencies. Some have called the nascent digital assets under various names such as bubbles, Ponzi schemes, fraud, and many other crazy names. However, it seems all that will change soon as tech giants, IBM...

CME Proposes Limits To Temper Bitcoin's Volatility

Asian Crypto Arbitrage Market Declines Amidst Market Saturation, but Profits Still Persists

April 3, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News

From September 2017 all the way up to the first two months of 2018, the Asian bitcoin arbitrage market was booming. With China banning ICOs and online trading platforms and South Korea initially taking a hard stance on crypto, the market had no choice but to go underground. As a...

Cryptocurrency Hedge Funds Reportedly Increasing and Could Triple in 2018

Crypto Market Slump Hitting Bitcoin and Altcoin Billionaires Real Hard

April 3, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News

Since 2009 when Satoshi Nakamoto created Bitcoin, the price of the world's flagship blockchain money has been rising and falling. However, in 2017, the price of bitcoin raced to nearly $20,000, boosting the value of some altcoins along the line and ultimately creating a whole lot of new millionaires and...

Cryptocurrency Hedge Funds Lose Their Shine

April 3, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Finance, News

So far 2018 has seen the shuttering of at least nine cryptocurrency hedge funds, with analysts pointing to a sector revenue downturn of some 23 percent to date. Global director of fintech strategy at Autonomous Research LLP, Lex Sokolin, said that as much as ten percent of the cryptocurrency funds...

Seoul Mayor Says City is Ready to Embrace Blockchain Innovations

April 3, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News

The relationship between South Korea and cryptocurrency hasn’t exactly been a smooth one. Between the Chinese ICO ban and the ‘bitcoin winter’ of 2017, the crypto market flourished in South Korea. With China being inhospitable to cryptos, many stakeholders in the Asia Pacific region flocked to South Korea. Then regulators...

Bitcoin Foundation Co-founder: No Such Thing as Bitcoin Bubble

April 3, 2018 by contributor at Bitcoin, Commentary, Finance, News, Regulation

Jon Matonis, co-founder of Bitcoin Foundation, has dismissed the negative investor sentiment that the crypto market is a bubble about to pop. Instead, Matonis stated that the fixed income bonds and equity markets around the world which are being inflated artificially by central banks, thus working as an unofficial syndicate....

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