Category: N-Featured
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Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations
On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations. Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins…
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Two BCH Devs Leave Bitcoin Unlimited as Network Upgrade Approaches
[youtube https://www.youtube.com/watch?v=0GKhPiTB9E4&w=560&h=349] On March 15, the Bitcoin Cash (BCH) network is set to upgrade, with plans to add two specific elements to the chain: the Segwit recovery exception and enabling Schnorr signatures. With just six weeks left, programmers have been discussing the fork regularly during BCH developer meetings. Meanwhile, two BCH developers have announced their…
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Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins
There are 2,121 digital currencies tracked on market websites with a net valuation of around $140 billion. Statistics for the end of Q1 2019 show mineable digital assets to be the most valuable cryptocurrencies on the market today, with the top eight mineable coins representing 68 percent of the entire cryptoconomy. Also read: Bitcoin and…
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Bitcoin Account Accuses Twitter of Shadow Banning to Restrict Its Reach
On March 23, the Twitter handle @Bitcoin became mired in controversy after BTC supporters complained about the account and attempted to get the profile shut down. The operator of the Bitcoin Twitter profile has also accused the social media platform of manipulating matters by placing restrictions on the account and limiting its overall traffic. Also…
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The Fed’s Low Interest Rates and QE Have Created a Dependent Generation
On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U.S. economy for nearly a decade and spawned a generation of socialists. Also read: Bitcoin and the Agora: Every…
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Bitcoin and the Agora: Every Transaction Outside the Nexus of State Control Is a Victory
The cryptoconomy means many things to many people. For example, since the inception of Bitcoin in 2009, some individuals have used digital currencies as a form of agorism otherwise known as counter-economics. These people believe that using bitcoin as a tool to avoid state harassment is one of the technology’s key features with the potential…
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Craig ‘Satoshi’ Wright Claims to Have Filed 666 Blockchain Patents
The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property. Also Read: Jeff…
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A Privacy-Focused Bitcoin Cash P2P Exchange Is Coming to Bitcoin.com
Bitcoin.com is always been on a quest to promote Bitcoin adoption. Our educational resources, forums, newsdesk, and other services reflect that mission on a daily basis. Now our web portal is introducing a feature called Local Bitcoin Cash, a service that facilitates the peer-to-peer trading of local currency for bitcoin cash (BCH). The new service…
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This Short Animation Might Make You Think Twice About Taxes
A Bitcoin Cash (BCH) supporter recently noted that the biggest hindrance to cryptocurrency adoption is tax laws and reporting taxes on digital currency usage. After reading the commentary, Bitcoin.com CEO Roger Ver shared a four-minute video about the subject of taxes in order to spark questions in the minds of people who might not understand…
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It’s 2019 and IBM Is Still Trying to Find a Use Case for Blockchain
IBM claims that six banks will issue stablecoins using its World Wire protocol which is based on the Stellar network. According to the tech giant, three banks have publicly committed to the initiative, and the remainder will reveal themselves soon. The announcement joins the resurgence of blockchain razzmatazz this year that feels eerily similar to…