Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. In case you missed it, a new self-proclaimed Satoshi Nakamoto came out of the woodwork last...Read More
Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager,...Read More
Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), introduced strict reporting requirements for crypto transactions. Police search Grupo Bitcoin Banco with alleged excessive force The Military...Read More
By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report:...Read More
According to a recent report, support for Ethereum-based (ETH) ERC-20 standard compliant tokens is now available on Waves’ decentralised exchange (DEX). The exchange which recently launched a new gateway with Vostok and Ergo tokens support made it known on the 22nd of August that Waves‘ built-in DEX now supports ERC-20 tokens. Also, the team at...Read More
The Thai Securities and Exchange Commission (SEC) has issued a warning to the general public regarding a fraudulent firm which is depicting itself as a legal cryptocurrency trading firms operating overseas. The Thai securities regulator has become aware of a new crypto fraud which lures investors to operate with firms outside the country. Also, the...Read More
Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times.Now, multiple analysts are...Read More
Bitcoin has quite evidently dominated the ecosystem since the time of its origin. Bitcoin’s dominance and popularity in the financial world have quite often resulted in the community debating about altcoins. Several times strong correlations between the two have been witnessed. However, in a recent discussion by CNBC, early Bitcoin investor Charlie Shrem was asked if...Read More
Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as...Read More
By CCN Markets: Let’s face it, VR is dank. The only significant barrier for most gamers is the cost. Cost doesn’t so much mean the $400 entry-level price tag for Oculus VR gaming, but rather the average $800-$1,000 minimum for a VR-capable gaming desktop. If you want a laptop, expect to pay substantially more. If...Read More
Over the years many people have speculated on what the price of 1 BTC could be if the world switched to Bitcoin. If a large amount of global wealth moves into Bitcoin, the price would skyrocket. Here are some cocktail napkin calculations performed by community members, trying to figure out how far past the moon...Read More
As Bitcoin bulls have failed to maintain the momentum seen from April to late-June, fear has started to grip the cryptocurrency market.Related Reading: Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further UpsideAnalysts are starting to suspect that BTC has further downside, despite the fact that it has already collapsed 35% from its year-to-date...Read More
Bitcoin Press Release: VEX Capital and Technology LTD, has developed a peer to peer telecommunications payments company named VEX Telecom, has developed the first cryptocurrency SIM card wallet. The SIM card enables VEX customers to send cryptocurrency transactions via SMS to any phone number around the world, and also all the phone call fees can...Read More
Bitcoin Press Release: Vex Block, the Maltese based cutting-edge blockchain platform developed for the blockchain enthusiasts, is steadily emerging in the blockchain industry and with a purpose to become the market-dominant soon. Vex Block participated this year at Blockchain Futurist 2019 in Canada. “The blockchain industry has experienced up and down over the last 2...Read More
Cryptocurrencies aren’t just a niche investment category anymore. In the latter half of 2019, digital assets have managed to sit beside stocks, bonds, commodities, and other investment instruments as an important part of a holistic investment portfolio. Interestingly, digital assets are coming out on top. A resurgent awareness of cryptocurrencies has pushed their prices back...Read More
Crypto advocates have long asserted that anonymity is one of the most promising elements of distributed ledger technology. This issue is becoming far more significant as governments and regulators are now beginning to give serious examination to the blockchain space. What some see as one of the greatest strengths of cryptocurrency others consider both a...Read More
A lot of cryptocurrency and blockchain projects try to remain relevant. EOS has been an interesting case in this regard. It receives a lot of flack for allegedly being too decentralized. Recent statistics show there are plenty of block producers to go around. The following entities have all produced the most blocks on this network...Read More
Grudges can go a long way in the cryptocurrency world. This is particularly apparent where altcoins are concerned. In the case of ZCash, a new tool has been released. It is allegedly capable of performing a DoS attack against this network. Although the code is not publicly available, it won’t take long until someone decides...Read More
By CCN Markets: A shellshocked stock market is bracing for impact on Monday as the White House and Beijing exchange rhetoric for actions amid a rapidly-escalating trade war. Dow futures point to a vicious decline when the opening bell rings tomorrow morning. Dow Futures Plummet 350 Points Futures tracking all of the US stock market’s...Read More
Overstock was one of the first major companies that expressed extreme interest in utilizing and adopting crypto – an interest that stemmed primarily from its previous CEO’s openness to the technology.Now that the company’s previous CEO – Patrick Byrne – has resigned due to controversy surrounding comments he made about his involvement in a multitude...Read More
In this week’s Hodler’s Digest, Binance takes on Facebook, and eye-watering new statistics suggest Bitcoin’s dominance is not what we first thoughtRead More
<div innerhtml=" With the equity markets roiling of late, Bitcoin’s been surprisingly quiet. But the cryptocurrency looks ripe for a breakout soon – one that could vault it toward the all-time highs – or sending it tumbling down to long-term support. Since late June, Bitcoin’s meandered between the recent peak around $13,850 and recent low around $9,150...Read More
Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These...Read More
Bitcoin’s raison d’etre has often been questioned as some consider it a peer-to-peer currency while others look at it as a store of value. The list did not end there as the community now debates if Bitcoin is currently a “safe haven” or a hedge. Bitcoin’s role as a hedge against the potential financial crisis...Read More
Thai financial watchdog, the Securities and Exchange Commission (SEC), recently warned the public about a new form of investing scam, in which a bogus entity, masquerading as a regulated legal digital currency trading firm solicits traders into investing with it. This, according to a report by the Bangkok Post, August 25, 2019. Crypto Criminals As...Read More
The U.S. Treasury Department is stepping up its focus on illegal cryptocurrency-related activities. Recently, Treasury announced that its financial intelligence and enforcement agencies are collecting and analyzing Bitcoin addresses. These addresses are associated with several “Chinese kingpins” allegedly involved in “fueling America’s deadly opioid crisis.” OFAC Adds BTC Addresses to the Specially Designated Nationals list...Read More
Over the last 5 day of trading, the market of IOTA/USD pair has exhibited a strong bullish outlook on a 4hr time frame. The bulls seemed to have been dominating the momentum as the volatility is getting higher. The upside move shifted the price action from a critical support level of $0.23423 to $0.25647. Additionally, a struggle to...Read More
Canon caved in. Up until a year ago, every Canon-oriented post was accompanied by a slew of comments demanding a good mirrorless from Canon. And finally, Canon caved in. Not to the comments on this blog, I guess, but to the unavoidable progress, and the demand from the masses. Canon released the EOS-R line. So...Read More
Bitcoin has undoubtedly had a stellar 2019 so far. Year to date, the cryptocurrency has gained some 200%, rallying from around $3,500 to $10,000.Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTCWhile this market’s whales have undoubtedly benefited from this performance, data suggests that a good majority of BTC users are...Read More
