#Bitcoin

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Russia Approves First Draft on Cryptocurrency Legislature

May 25, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Ethereum, Finance, News, Regulation

Shunning blockchain and smart-contracts for years, financial institutions are finally waking up to the potential that decentralized technologies hold, with a flurry of government and corporate companies making moves in the sector. Cryptocurrencies are “Property of Value” According to an official report by Russia’s lower house of parliament, the first...

Overstock’s tZERO and BOX Digital Eye First Security Token Exchange

May 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

On May 22, 2018, Overstock subsidiary tZERO teamed up with BOX Digital Markets to launch the industry’s first security token exchange. The two have entered into a letter of Intent to form an exchange for the listing of publicly traded security tokens. BOX Digital and tZERO Joint Venture tZERO has...

OpenNode Brings Lightning Network to Everyday Bitcoin Transactions

May 25, 2018 by contributor at Bitcoin, Business, News, Tech

The only thing missing in the digital currency space was a payment processor that was powered by the acclaimed Lightning Network. To this effect, the introduction of OpenNode satisfies that need and being the first of it’s kind, and it indeed looks like a promising innovation. OpenNode’s Features A platform...

DoJ Probe to Examine Bitcoin Exchanges For Alleged Price Manipulation

May 25, 2018 by contributor at Bitcoin, Finance, News, Regulation

The U.S. Department of Justice (DoJ) has been keeping an eye on the alluring volatility of the price of bitcoin, with reports emerging of a launch of criminal probe for price manipulation on exchanges. Bloomberg reported May 24, 2018, the DoJ is not amused by bitcoin’s price swings, and is...

Argentinian Bitcoin Updates: Banking, Democracy, and a Wine-Backed Cryptocurrency

May 24, 2018 by Liam J Kelly at Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

In April 2018, the capital city of Argentina celebrated “Bitcoin Day,” an event comprised of around 500 attendees who were curious about the ever-increasing demand for information on bitcoin. Now, an Argentinian Bank is continuing the celebration after announcing on May 22, 2018, that its customers can use the pioneer...

The State of Cryptocurrency Adoption by Online Merchants

May 24, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

Online payments have always been identified as a real area for disruption by cryptocurrencies. The emergence of digital currencies supported by trusted blockchain technology, offering fast and low-cost transactions have all the makings of an online merchant favorite. It makes sense for a predominantly internet-enabled commerce market to be facilitated...

CNBC Hit with Controversy over Fast Money Segment Covering Bitcoin Cash

May 24, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, News

CNBC Fast Money aired a segment with crypto investor Brian Kelly promoting Bitcoin Cash (BCH) on the channel, even stating that it is “the must-own digital currency” of the moment. According to Kelly, the altcoin's worth will skyrocket thanks to the development fund being reportedly set up by bitcoin cash...

What is Bitcoin Batching?

May 24, 2018 by Cindy Huynh at Bitcoin, Blockchain, Cryptocyclopedia, Tech

Batching is a method used to place as many transactions as possible into the limited block space available on Bitcoin's blockchain. Batching is important because combining multiple outputs and payments into a single operation is space and cost efficient. What is Batching? Batching multiple transactions into one transaction, therefore, creates cheaper...

India May Levy 18 Percent Tax on Cryptocurrency Activities; Making it Practically Legal

May 24, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Regulation

Even though the legal acceptance of cryptocurrencies in India is not crystal clear yet, people with direct knowledge of the issue has stated that India is well on its way to levy Goods and Services Tax (GST) on any activity related to digital assets. The Statement According to a report,...

Mitsubishi Financial Announces Blockchain Based Payment Settlement Network

May 24, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG) announced an agreement with America based Akamai Technologies on May 21, 2018, to develop a new payment network platform based on blockchain technology. The announcement was made via a press release by Mitsubishi. Payment Network Platform on the Blockchain The two companies...

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