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Xapo’s Bitcoin Wallet Adds Support for Segregated Witness

May 27, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, News

Back in August 2017, Segregated Witness (SegWit) was implemented for bitcoin; a protocol that’s aimed at alleviating the problems of scalability and high transaction fees. Now, Xapo has integrated SegWit into its wallets and vaults in a bid to serve its retail clients as well as institutional investors who use...

General Bytes Installs 10 Bitcoin ATMs Across Prague Subway Routes

May 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

The capital city of the Czech Republic, Prague, has become the scene of the latest explosion of bitcoin-related development as General Bytes has installed a network of ten bitcoin ATMs at different points along the city’s subway routes. The map shows the current locations of the ten bitcoin ATMs in...

Major South Korean Crypto Exchanges Bithumb and UPbit Face Backlash and Criticism

May 27, 2018 by Joseph Young at Altcoins, Bitcoin, Business, Finance, News, Regulation

UPbit and Bithumb, two of the biggest cryptocurrency exchanges in South Korea and the global cryptocurrency market, have faced backlash and criticism from the local cryptocurrency market for the scandalous behavior since early May 2018. UPbit Investigation Found No Irregularities On May 13, 2018, BTCManager reported that the official investigation...

South Africa Central Bank: “Cryptocurrencies Don’t Meet Requirements For Money”

May 27, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Finance, News, Regulation

South Africa is the latest country to try and classify cryptocurrencies as it looks to regulate the industry and generate income tax. According to the country's Central Bank, digital currencies such as bitcoin (BTC) are mere “cyber-tokens” that don't meet the criteria to be categorized as money. South African Cryptocurrency...

South African Authorities Investigate $80 million Bitcoin Scam

May 26, 2018 by Cindy Huynh at Altcoins, Bitcoin, Finance, News

On May 25, 2018, South African authorities announced further information of an ongoing investigation of a cryptocurrency scam that has cost investors one billion rands ($80 million). False Claims and Investor Pitfalls According to Reuters, South African police mentioned that the investigation involved BTC Global, a cryptocurrency trading company. The...

Poland’s Cryptocurrency Tax Law Crashes as Investors Resist Draconian Regulation

May 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

While most stake “hodlers” in the cryptocurrency ecosystem agree that there is a need for amenable regulation of the cryptosphere, Polish digital currency investors have refused to abide by the PPC law, due to its draconian nature. Now the Polish authorities have agreed to temporarily suspend the “Civil Law Transactions...

German Stock Exchange Ponders Offering Bitcoin Trading to Clients

May 26, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Ethereum, Finance, News, Regulation

Even with the reign of the bear market, it seems more and more financial institutions are seriously looking to join the bitcoin train. On May 24, 2018, Frankfurt-based Deutsche Borse AG has hinted it's weighing the possibility of offering clients bitcoin and other crypto-related products. Fighting the Bitcoin Bug According...

Major Natural Gas Company in the Czech Republic Adopts Bitcoin Payments

May 26, 2018 by Rahul Nambiampurath at Bitcoin, Business, Finance, News

The Czech Republic’s largest natural gas company Prazska Plynarenska announced that it would soon begin accepting payments in bitcoin. Clients will have the choice to pay their monthly dues in cryptocurrency as well as fiat currency. From local media reports, it seems as if the company is attempting to modernize...

Psychology of a Successful Cryptocurrency Investor

Research States Cryptocurrency Prices Driven Solely by Investor Sentiment

May 26, 2018 by contributor at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News

Everyone who knows anything about cryptocurrencies knows one thing for sure; its value is highly volatile. This infamous reason is one of the biggest qualms toward why masses are hesitant of investing. Mood Swings Lead to Value Swings What many try to understand but fail is the reason behind the...

Malta Blockchain Summit Bringing ‘Founding Father’ of Blockchain to Blockchain Island

May 25, 2018 by Guest Post at Press Releases

Malta has recently gained a reputation as the ‘Blockchain Island,’ as the major cryptocurrency exchanges are inbound for relocation. The Malta Blockchain Summit has now raised the bar by inviting one of the ‘Founding Fathers’ of blockchain, W. Scott Stornetta Ph.D., to the November show, expected to become one of...

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