News archive

"No-Deal Brexit Huge Positive for UK Cryptocurrency" - How Brexit C…

British lawmakers have voted to postpone a crucial Brexit vote and forced Prime Minister Boris Johnson to ask the EU for an extension. News.Bitcoin.com talked to the CEO of a local crypto exchange to find out the effects a no-deal Brexit could have on the crypto industry.

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It’s Not Time to Write Libra’s Crypto Obituary Just Yet

To paraphrase Mark Twain, rumors of the nation-state’s demise are greatly exaggerated.

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With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?

In a matter of hours, the 18 millionth bitcoin will have been mined and the world’s first cryptocurrency will draw one step closer to its hard-coded cap of 21 million coins.

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Tourists in Popular Japanese Region Could Soon Use a Local Cryptocu…

Mitsubishi Research Institute (MRI) and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan’s Mie Prefecture.

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Venezuelan Migrants Are Using Bitcoin for Remittances, But There’s…

In 2018, Deimer González packed his college diploma, clothes and a mobile wallet with 1.5 BTC in savings and left Venezuela. What unfolded throughout 2019 offers a microcosm for Venezuelan bitcoin users around the world.

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Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest bank in the U.S., has quietly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

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Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mini…

One company is driving its business plan straight into the “bitcoin wastes too much energy” argument and has raised $30 million to do so.

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Facebook-Led Libra Forms Governing Council After Big-Name Departures

GENEVA — Twenty-one organizations have signed the Libra Association charter, days after a slew of high-profile defections from the cryptocurrency project started by Facebook.

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Zcash Will Get a Gateway Into Ethereum’s DeFi Ecosystem

When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability.

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The IRS Will Now Ask if You Own Crypto in the Most Widely Used US T…

The Internal Revenue Service (IRS) has updated the main form individual U.S. taxpayers use to report their income to include a question about cryptocurrencies.

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tZERO-Backed Startup Seeks SEC Approval to Launch Security Token Ma…

A firm part-owned by Overstock’s tZERO is seeking regulatory approval to launch one of the first markets for publicly traded, registered security tokens.

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Bitcoin Cash Settles More Value Than ETH in Dollars Moved

Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good portion of people are choosing to move funds onchain with the Bitcoin Cash network.

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Crypto and Real Estate Were Built for One Another

Whether buying, selling or tokenizing real estate, the property market and blockchain are deeply intertwined. As the purchase of property has become possible with bitcoin, so has the wider potential of blockchain technology to transform the industry.

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Binance Now Accepting Fiat Through Alipay, WeChat

Binance is now accepting fiat through Alipay and WeChat, opening up the exchange to peer-to-peer (P2P) crypto transactions from China. The move follows a September announcement concerning the exchange’s intention to add over-the-counter (OTC) trade options for an additional fiat on-ramp.

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‘Scam’ or Iteration? At Devcon, Ethereum Diehards Still Believe in 2.0

The Takeaway:

  • Ethereum’s creators acknowledge the blockchain wasn’t built to scale as a mainstream transaction platform.
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DTCC Pushes Back Blockchain Project to Avoid Brexit Complications

The Depository Trust & Clearing Corporation (DTCC) has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of complications created by Brexit. 

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PayPal Withdraws From Facebook-Led Libra Crypto Project

PayPal has withdrawn from the Libra Association, the company announced Friday.

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WATCH: Dash CEO Looks Forward to Stability and Adoption

Dash, one of the top-20 cryptos by market cap, has picked up momentum over the past month with five new exchange listings.

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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash

Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit.

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Bitmain to Launch the World Digital Mining Map This October

During the World Digital Mining Summit (WDMS) – which will take place in Frankfurt on 8-10 October – Bitmain will launch the first platform to connect mining hardware owners with mining farm owners via the World Digital Mining Map (WDMM).

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Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into…

Ripple’s Xpring is launching a platform it says makes it possible for developers to integrate fiat and cryptocurrency payments into any application.

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How G20 Central Bank Digital Currencies Are Progressing

Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will be introduced.

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EOS Maker Block.One Settles With SEC Over Unregistered Securities Sale

EOS maker Block.One must pay $24 million in penalties for conducting an unregistered securities sale, the U.S. Securities and Exchange Commission (SEC) announced Monday evening.

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Ethereum’s Istanbul Upgrade Arrives Early, Causes Testnet Split

Ethereum test network Ropsten has forked into two separate chains following the activation of system-wide upgrade Istanbul.

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Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth…

IOV Labs, the parent company of Bitcoin smart contract platform RSK, has announced the acquisition of Taringa. As a result, the Hispanic social media network’s 30 million users and 1,000+ active communities will be exposed to dapps, tokenization and P2P trading. Crypto companies acquiring traditional businesses, before introducing tokenized features, is now a growing trend.

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Asian Institutions Are Finally Warming to Crypto Hedge Funds

The Takeaway:

  • Asian institutional investors, mostly high-net-worth individuals and family offices, are increasingly showing interest in digital assets, with some having allocated part of their portfolios to crypto hedge funds.
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NBA Says Basketball Player Can’t Tokenize His Contract After All

Spencer Dinwiddie took a shot at tokenization, but the National Basketball Association blocked him.

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Why Ethereum Briefly Overtook Bitcoin in Daily Transaction Fees

Ethereum transaction fees are back on the rise and gaining parity with bitcoin transaction fees.

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Appetite for Bitcoin Futures Is Growing

After all the fanfare, fevered anticipation, and breathless media coverage, Bakkt’s launch of bitcoin futures on Monday was a damp squib. Despite the rollout of physically delivered BTC futures going without a hitch, volumes were low, while the less said about bitcoin’s price in the aftermath, the better.

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Inside a Siberian Crypto Mining Complex

In Siberia, cheap hydropower, cold climate, and abandoned Soviet industrial infrastructure has made the region of Irkutsk an attractive spot for urban explorers and, more importantly, crypto miners.

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