Dubai Goes Blockchain to Become Fintech Hub for The East

Having discovered and bought Bitcoin in the early 2010s, I initially had a hard time convincing my peers in the Middle East about the benefits of the underlying technology. Even harder was finding a way to buy Bitcoin if you lived in a region where people at the time were predominantly underbanked and dealt almost strictly with cash transactions. Any discussion with those who worked in the financial industry ended up with hyperbolic accusations of Bitcoin being a currency for Read more …

ICO Site Suspends Services Amid Reports of Regulator Scrutiny

A platform for investing in initial coin offerings (ICO)s in China has suspended its services as government officials reportedly begin scrutinizing the funding model more closely. ICOINFO, in a notice posted to its website, cited “a shifting regulatory environment” in its decision to freeze its platform. Users can contribute funds to the token sales that are listed. Two completed sales on the site show that ICOINFO accepts bitcoin, ethereum and eos. The notice reads: “Because of a shifting regulatory environment, and Read more …

An Inside Look at Kim Dotcom’s Upcoming Bitcache and K.im Platform

Last week news.Bitcoin.com reported on Kim Dotcom’s teaser video of the highly anticipated Bitcache application. We got early access to the K.im platform this week and decided to test the Bitcache demo – a new application that lets content creators earn bitcoin through microtransactions. Also read: Bitcoin Is Becoming a Popular Investment for Middle-Class Americans Testing Bitcache and the Demo Version of K.im Kim Dotcom has been teasing his fans and bitcoiners about his new Bitcache application for quite some time, Read more …

PR: Five Advantages of Universa Blockchain over Bitcoin and Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Five Advantages of Universa Blockchain over Bitcoin and Ethereum Universa, a blockchain cryptoprotocol of the new generation, which is much faster and cheaper compared to Ethereum and Bitcoin, launched its pre-ICO on August, 28, 2017. The Read more …

Moscow Exchange: No Plans to Launch Bitcoin Trading

Recent comments from a senior Russian official sparked reports this week that Moscow’s premiere stock exchange is about to start trading bitcoin – but it’s not true, the exchange’s operator has said. A representative for Moscow Exchange told CoinDesk that reports about the firm being on the cusp of launching cryptocurrency trading are inaccurate. They were prompted by comments by Alexey Moiseev, Russia’s deputy finance minister, who earlier this week opined that cryptocurrency trading in the country should be limited to certain investors who participate Read more …

How Overstock deals with volatile bitcoin prices

Bitcoin has always had a long history of volatility and is currently on a big upswing. For much of January, the cryptocurrency sat at under $1,000. Now, a single bitcoin is worth more than $4,610. This volatility may be great for bitcoin investors, but the growth has hindered bitcoin’s effectiveness as a currency, as people are reluctant to spend or transact during a surge. For many, at the moment, bitcoin is largely a hedging tool or an investment. For companies Read more …

‘Misunderstanding’: Vitalik Buterin to Create New Entity for Russian Bank Deal

  New information is coming to light about the relationship between Russian state-owned development bank Vnesheconombank (VEB) and ethereum founder Vitalik Buterin. First reported as a partnership that would find the state-owned bank collaborating directly with the Ethereum Foundation, the non-profit for which Buterin serves as council, the VEB has confirmed it will be retracting public statements to that effect. According to Buterin and the VEB, a deal has actually been struck with a new entity, Ethereum Russia, which is Read more …

‘Game of Skill’: US Markets Tech Provider Launches Bitcoin Betting Game

A new “game of skill” centered around bitcoin’s price changes is going live. Launched by Chicago-based Level Trading Field, Bitcoin Market Predictor now allows users to place bets on the future price movements of bitcoin, adding to a growing list of mechanisms U.S. investors can use to speculate on bitcoin’s price – whether it’s going up or down. While most of the mechanisms to short bitcoin, at least in the US, are aimed at institutional investors, Bitcoin Market Predictor is notably targeted towards Read more …

Strict Regulations Drive Shapeshift and Keepkey out of Washington State

Digital asset exchange Shapeshift and its recently acquired hardware wallet maker Keepkey have announced that they are exiting the U.S. state of Washington. This is due to the state imposing strict regulatory requirements based on “Senate Bill 5031.” Also read: Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee Shapeshift & Keepkey Flee Washington State Shapeshift announced this week that it is leaving the State of Washington, due to requirements of the new law known as Senate Bill 5031. The state’s Read more …

How to Identify a Scam in the Crypto World

Scams are nothing new to this world, people who dream of making a quick bank by deceiving others has been going on for decades. Multi level Marketing schemes are a thing of past, ICO scams are where these guys are making their money these days. What is an ICO and how is it related to CryptoCurrency? An Initial Coin Offering or simply ICO is the sale of a token, and in exchange, you have to pay either in fiat or Read more …

European Union Eyes Helping Refugees with Blockchain

The European Union is joining the United Nations in using the Ethereum Blockchain to provide transparent help to refugees. Details of the latest meeting of the European Parliament this week show its dedicated distributed ledger (DLT) taskforce set up earlier this year has already spent half its €850,000 ($1 mln) budget. Dubbed the ‘Horizontal Task Force on Distributed Ledger Technology,’ a use case defined in the EU’s latest documentation relates to refugee aid in addition to DLT research. “One specific Read more …

BlockShow Asia by Cointelegraph: Revealing Blockchain Sensations

BlockShow Asia 2017 powered by Cointelegraph is one of the largest platforms showcasing Blockchain solutions, bringing the hottest startups, ICOs, and unconventional sensations. It aims to demonstrate multiple new solutions for implementation and enhancement of the Blockchain and is designed to provide an exclusive look into exciting projects and ICOs, an inspiration to get into the Blockchain world. The team’s aspiration is to exhibit the industry’s most groundbreaking solutions and bring businesses together with the Blockchain. What is BlockShow Asia? Read more …