Chinese Giant Baidu Joins Corporations in Cryptocurrency Crackdown

After WeChat and Tencent distanced themselves from cryptocurrency-related activities and businesses last week, the Chinese search engine Baidu stated it would actively work to eradicate cryptocurrency footprints from Chinese internet forums. Ban It All! According to China Times , Baidu stated it would ban forum topics and heavily censor comments about cryptocurrencies on both its… Continue reading Chinese Giant Baidu Joins Corporations in Cryptocurrency Crackdown

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Crypto-Backed Lending Platform Blockfi Approved to Operate in California

Back in July, news.Bitcoin.com reported on the cryptocurrency-backed USD lending platform, Blockfi, which raised $52.5m from investors in an investment round led by Michael Novogratz’s Galaxy Digital. On Monday, Blockfi announced the firm is now servicing residents from California and the latest expansion leads to the crypto-lending service being available in 44 states. Also Read: Novogratz’… Continue reading Crypto-Backed Lending Platform Blockfi Approved to Operate in California

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Coinbase Hits 500 Employee Mark, Shrimpy Adds Portfolio ‘Rebalancing’ to Coinbase Pro

On the heels of declaring Coinbase a “cryptocurrency company” instead of a tech/finance firm, Natalie McGrath, head of people and operations, revealed that the startup reached 500 employees, Aug. 24. Coinbase Hits 500 Employee Mark In a tweet, McGrath stated the company has hired more than 500 employees, indicating the fast growth of the self-stylized… Continue reading Coinbase Hits 500 Employee Mark, Shrimpy Adds Portfolio ‘Rebalancing’ to Coinbase Pro

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DOJ Special Agent Empathizes With Bitcoin Adoption in Venezuela

In an interview conducted earlier this month at the Chainxchange blockchain convention, Lilia Infante, a special agent with the U.S. Department of Justice (DOJ) who pioneered the DOJ’s first Cyber Investigative Task Force looking at the use of cryptocurrencies in criminal investigations, recently discussed her views regarding the adoption of virtual currencies. Mrs. Infante expressed… Continue reading DOJ Special Agent Empathizes With Bitcoin Adoption in Venezuela

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EXCLUSIVE: 3D Gun Proponent Cody Wilson Defiant, Offers Firearm Blueprints for Sale

In an exclusive interview with Matt Aaron of the Bitcoin.com Podcast Network, Cody Wilson of Defense Distributed explains how he planned all along to defy US lawmakers. The same US District judge who last month prevented Mr. Wilson and his company from publishing 3D firearm blueprints online for free download has issued a more permanent… Continue reading EXCLUSIVE: 3D Gun Proponent Cody Wilson Defiant, Offers Firearm Blueprints for Sale

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Report: Israel May Adopt Cryptocurrencies to Prevent Tax Evasion

Despite Bitcoin’s plummet to $6,600 (at time of writing), world governments and emerging economies remain invested in the idea of a blockchain-powered ecosystem supplemented with a decentralized currency framework. Crypto-Shekel? While countries like China, India and the U.S. are limiting the cryptocurrency sector, smaller countries like Singapore, Venezuela, Colombia and Malta are creating optimal regulations… Continue reading Report: Israel May Adopt Cryptocurrencies to Prevent Tax Evasion

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Bitcoin Cash Upgrade Debate: One CPU Equals One Vote

If you are a Bitcoin Cash (BCH) proponent you’ve definitely been hearing a lot about the upcoming hard fork scheduled for November 15. Most people have been discussing the conflict between the Bitcoin ABC developers and Nchain’s recently announced Bitcoin SV project. This week Nchain’s Steve Shadders shared a post concerning the Bitcoin SV client… Continue reading Bitcoin Cash Upgrade Debate: One CPU Equals One Vote

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Iran Expected to Lift Cryptocurrency Ban in September

The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. Also Read: Thailand Updates… Continue reading Iran Expected to Lift Cryptocurrency Ban in September

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OmiseGO Announces Release of OMG Network Repo and Tesuji Plasma Progress

Ethereum-based payment platform OmiseGO  announced a major step forward in the quest for DLT scalability, releasing an early alpha of a Plasma-based scaling solution that may potentially increase the transaction capacity of the OMG network. Announced via a Medium post, the GitHub repository published by the OmiseGO team provides an insight into OmiseGO’s Tesuji milestone.… Continue reading OmiseGO Announces Release of OMG Network Repo and Tesuji Plasma Progress

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