Category: N-Featured
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Texas Representative Wants to Ban the Anonymous Use of Cryptocurrency
A Republican member of the Texas House of Representatives, Phil Stephenson, has just introduced a bill that would require residents of the state to identify themselves if they wish to use cryptocurrencies. H.B. No. 4371 details that individuals who send and receive digital currencies must be known. Although, if the user happens to use a…
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Bitcoin Cash Fans Start ‘Torch Passing’ Ceremony With a Non-Divisible Token
Bitcoin Cash (BCH) supporters have been passing around a different kind of ‘LN Trust Chain’ across forums and social media. The social experiment for passing digital value has taken a different path to the Lightning Torch because people can share the non-divisible SLP Torch onchain for fractions of a penny. Also read: How to Use…
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How to Use Bitcoin When the Apocalypse Hits
When the world collapses and society splinters into factions fighting for the scraps, you’ll want to keep your friends close and your crypto closer. Whatever the cause of the fallout, economic disaster is certain. Fiat currency will be the first to falter, leaving gold, bitcoin and barter as the only surviving means of exchange. Here’s…
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China’s Wenzhou Residents Bolster the Idea of a ‘Blockchain Village’
According to regional reports from China, a village located within the Wenzhou, Zhejiang region called Yuedong has been gathering attention due to its receptiveness toward cryptocurrencies and blockchain technology. In consonance with social media posts on Weibo, roughly 60 percent of the residents in Yuedong know about cryptocurrencies and many of the villagers have invested…
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In the Daily: Colorado Digital Token Act, ITI Funds Crypto Index, Fortress Blockchain
In this edition of The Daily we cover new legislation that could make Colorado more attractive to digital businesses and token issuers, the launch of a new cryptocurrency index fund, and the latest miner to succumb to crypto winter. Also Read: UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency Colorado Digital Token Act The…
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Market Maker Sues Lawyer Over $4 Million BTC Transaction Gone Awry
Market making and over-the-counter trading firm GSR Markets is taking legal action against lawyer Diana McDonald, who is accused of pocketing $2 million from a $4 million BTC transaction in which she acted as an escrow. Also Read: In the Daily: Bitcoin Begging, NEM Foundation Fights to Survive, Huobi Prime GSR Markets Sues Lawyer Over…
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Two Australian Crypto Exchange Licenses Suspended Following Arrest
Two Australian cryptocurrency exchanges have been suspended by the Australian Transaction Reports and Analysis Centre (Austrac) following raids conducted by the Australian Federal Police in Melbourne. The raids resulted in the arrest of a 27-year-old who has been described as a “key member” of both exchanges. Also Read: P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela…
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Nakamoto Game Brings Transparent Blockchain Lottery to Bitcoin Cash
There’s a new bitcoin cash lottery that uses the BCH blockchain as an oracle to provide true provable fairness in the game. Participants toss BCH into a pot and if the last few digits of the user’s transaction ID matches the target block’s hash they win the jackpot. Also read: UN Panel: North Korea Hacked…
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In the Daily: Bitcoin Begging, NEM Foundation Fights to Survive, Huobi Prime
In the first weekend edition of The Daily, we examine the biting effects of crypto winter, which might have frozen out ETH scambots, but hasn’t prevented the penurious from panhandling for crypto by more direct means. We also look at the latest restructuring of the NEM Foundation, which has faced the full force of the…
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Fidelity’s Cryptocurrency Arm Starts Offering Institutional Investor Services
Fidelity Investments’ new cryptocurrency arm is now up and running. The unit, Fidelity Digital Assets, began operations earlier this quarter but didn’t make any noise about it. It has already started offering trade execution and crypto custody services to institutional investors such as hedge funds and private wealth management firms. Also read: UN Panel: North…