Category: N-Featured
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The Daily: SEC Ramps Up Enforcement, 60% of Smart Contracts Are Dormant
In Saturday’s edition of The Daily, we take a look at the SEC’s annual report, which reveals where cryptocurrencies sit on their radar. We also consider the fate of dormant smart contracts, 60% of which have never seen use according to a new report. All that plus the reaction to Coinbase’s latest token listing, which…
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New Bitcoin Cash Stress Test Sees 700,000 Transactions in One Day
On Thursday, Nov. 1, a group of Bitcoin Cash (BCH) proponents who call themselves the Professional Stress Test Team, performed a network stress test on the BCH chain. During the course of the day, the BCH network saw over 733,000 transactions and a 14MB block that cleared 73,000 transactions in one fell swoop. Also read: Anypay…
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The Daily: Coinbase Launches Investment Fund, Cointext Enters New Markets
In this edition of The Daily, we look at Coinbase’s decision to create a new investment vehicle for institutions in partnership with asset manager Wilshire Phoenix. We also cover the expansion of bitcoin cash SMS wallet service Cointext into four new markets. Also, New Zealand’s financial regulator has issued a warning against a platform offering…
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Digital Asset ATM Provider Coinsource Acquires Bitlicense
Coinsource announced on Thursday that it has become the first digital asset ATM provider to be granted a Bitlicense in the state of New York. The company joins 12 other organizations that have already received the license for virtual currency businesses from the New York Department of Financial Services (NYDFS). Also read: Anypay Provides BCH Invoices That…
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Africa Dominates Trade Volume on P2P Bitcoin Exchange Paxful
Paxful Inc., a peer-to-peer bitcoin exchange, is seeing significant growth in Africa. The U.S.-based company said Africans now accounted for the largest number of people buying and selling cryptocurrency on its platform, with average monthly transactions totaling $64.5 million. Also Read: Brazilian Banks Ordered to Reopen Cryptocurrency Exchange’s Frozen Accounts Millennials Drive Cryptocurrency Adoption in Africa…
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Ledger Wallet Plans to Pause Bitcoin Cash Services on November 15
Ledger, the popular hardware wallet manufacturer based out of France, has recently revealed the company’s contingency plans for the upcoming Bitcoin Cash (BCH) hard fork scheduled for Nov. 15. On Tuesday, Oct. 30, Ledger explained to its customer base that the organization will be pausing bitcoin cash services on Nov. 15 and the company plans…
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Anypay Provides Bitcoin Cash Invoices That Can Be Paid by Sending a Text Message
On Oct. 29, a Bitcoin Cash proponent used the Cointext wallet to purchase a croissant by text message at La Maison Navarre, a bakery in Portsmouth, New Hampshire. The shop uses the free Anypay point-of-sale application, which connects to the Cointext system to allow people to make purchases by SMS. Also read: Ukraine Plans to Fully…
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Morgan Stanley Is Still Struggling to Understand Bitcoin
Like many late arrivals to cryptocurrency, Morgan Stanley doesn’t quite know what to make of bitcoin. The investment bank understands money, unless that money is peer-to-peer digital cash, in which case it struggles. Its latest report into the cryptocurrency ecosystem reveals its shifting stance on bitcoin. Also read: Bitcoin.com Store Now Offers Hundreds of Top-Branded Gift…
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Bitcoin History Part 1: In the Beginning
With today marking the tenth anniversary of the Bitcoin whitepaper, the web is predictably thick with op-eds, retrospectives and thought pieces. While Oct. 31, 2008 is hailed as a pivotal moment in monetary history, at the time, few noticed the publication of the Bitcoin whitepaper to a cryptography mailing list. Like all revolutions, this one…
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Brazilian Banks Ordered to Reopen Cryptocurrency Exchange’s Frozen Accounts
A Brazilian court has ordered the reopening of cryptocurrency exchange Bitcoin Max’s bank accounts, which were closed without explanation by Banco do Brasil and Banco Santander in September. The two banks have reportedly reactivated the accounts to avoid paying fines. Also Read: Kenya’s Bithub Africa Mines Bitcoin Using Solar Power Threat of Fine Forces Banco Do Brasil…