Ukrainian Central Banker: Bitcoin Is ‘Definitely Not a Currency’

Ukraine does not recognize bitcoin as a currency or as a medium of exchange, an official at the country’s central bank has said. “We can say that this is definitely not a currency, because there is no central issuer. And we cannot recognize this as a means of payment,” said Oleg Churiy, deputy head of the National Bank of Ukraine, according to a report Friday by the Ukrainian website Financial Club, as translated by Google. Echoing recent comments by senior Read more …

UTRUST Announces ICO in October After Raising $3.5 Mil in Pre-sale

The pre-ICO of UTRUST has just ended, raining more than $3.5 million from early private investors. UTRUST, a blockchain payments platform, had also announced its early supporter reward for those who have registered on UTRUST website before September 20, 2017. The company presents the world’s first Bitcoin and cryptocurrency payment platform having consumer protections. The Early Supporter Reward by UTRUST has been announced as a token of gratitude to platform’s supporters. Existing UTRUST’s registered users or those who have registered Read more …

Senate candidate accepts donations in bitcoin and gives away AR-15 rifles

September 25, 2017 3:36 PM WASHINGTON Austin Petersen is running for U.S. Senate in Missouri as the “opt out” candidate: He firmly believes Americans should be able to forgo any government service or program they don’t want, whether it’s Social Security or Obamacare. So naturally, Petersen is giving supporters a chance to “opt out” of using cash or credit cards to make donations to his campaign. Instead they can donate using the virtual currency bitcoin. “You get a choice,” Petersen Read more …

Nigerian Central Bank Director: Cryptocurrency Wave ‘Cannot Be Stopped’

The Central Bank of Nigeria is said to be taking a closer look at blockchains and cryptocurrencies. According to a report in The Guardian this week, Musa Jimoh, a deputy director at the country’s central bank, recently spoke at a cryptocurrency-focused conference in Lagos, Nigeria’s largest city. There, Jimoh indicated that the Central Bank of Nigeria is preparing a white paper on the subject. Perhaps most notable, however, was how Jimoh framed the reason for the study, noting the central Read more …

CarbonX and ConsenSys Put P2P Carbon Credit Trading on the Blockchain

Carbon credits trading (also known as “cap and trade”) as a means to help mitigate the effects of global climate change has long been advocated by environmentalists fighting one of the most intransigent environmental challenges of the 21st century. Now ConsenSys and CarbonX Personal Carbon Trading Inc. have stepped up to enable the first-ever peer-to-peer carbon credit trading platform, built on the Ethereum blockchain. CarbonX Personal Carbon Trading Inc. is principally a Tapscott family enterprise, with CEO and founder William Read more …

His Plans to Start a New Libertarian Country

Imagine a country where you could live free without a central government telling you who to be, what to do and how to act. Roger Ver does, and he is inviting people to join him on a ground level in plans for creating a libertarian utopia. The early Bitcoin investor and voluntaryist (someone who advocates nonviolent strategies to achieve a free society) took the stage last week at Nexus Conference, a three-day event in Aspen hosted by the cryptocurrency platform Read more …

Miner Argument Continues Over Ethereum’s Byzantium Economics

A dispute between some ethereum developers and miners is continuing to simmer over the specifics of a coming upgrade designed to improve the network’s functionality. The discussion, which has been underway since at least July, currently concerns an ethereum improvement protocol, EIP 649, intended to reduce the time it takes to “mine” a transaction block, a process for which miners are rewarded with the creation of new ether, the platform’s native cryptocurrency. Key to the dispute is that, after the migration, Read more …

STRIM Crowdsale Set to Go Live on October 5, 2017.

STRIM, the P2P on-demand sensor data mining and video streaming platform has recently revealed the date for its upcoming crowdsale, scheduled for October 5, 2017. STRIM platform is an innovative, decentralized platform, which enables P2P sensor data collection and video streaming by means of IoT devices. The company will offer its tokens for sale in its upcoming crowdsale campaign where users will be able to buy STR tokens against ETH payments. How STRIM Works? STRIM, developed on Ethereum blockchain, intends Read more …

Japanese Bitcoin Exchanges To Go Under ‘Full Surveillance’ Starting October

After Chinese regulatory authorities cracked down on Bitcoin trading in the country, Japan’s Financial Services Agency has announced that they will begin to closely monitor cryptocurrency exchanges. Consequences Of China’s Ban China’s decision to ban ICOs and Bitcoin Exchanges earlier this month resulted in the migration of many traders to Japanese and South Korean markets. This made Japan the world’s largest Bitcoin exchange market and proved the old adage ‘with great power comes great responsibility’ true. It makes sense for Read more …

DIGI – A Blockchain startup set to revolutionize the multi-billion dollar digital market

London based startup DIGI is an upcoming blockchain service for digital goods and services who are aiming to disrupt this multi-billion dollar industry. Their focus is on building the worlds largest platform for these services. Market research pegs the digital market at over $500 billion, which is more than four times the current cryptocurrency market. The increasing number of tablets, smartphones and Internet users has resulted in a high demand for digital content. There are presently more than 3.5 billion Read more …

Neo ICO Token Wins Traders as China Worries Fade

The neo-US dollar (NEO/USD) exchange rate is showing signs of renewed life today. As a China-based project, neo (formerly antshares) perhaps bore most of the brunt of the decision by the country’s regulators to ban initial coin offerings (ICOs), falling nearly 40% over the day’s trading on September 4. However, neo appears to now be recovering, posting a strong 10% gain today amid a dull market. A general purpose blockchain designed to run smart contracts, and available in languages C#, Java and Go, the neo token topped out at $58.50 in mid-August and fell Read more …

Bitcoin Software Wars: The Case Against Replay Attack Protection

Technology The month of September is wrapping up, and the planned November Segwit2x (BTC1) hard fork is steadily approaching. According to the BTC1 roadmap, a block between 1MB and 2MB in size will be generated by miners raising the block size limit at block height 494,784. Over the past few months, Core developers and supporters have been vehemently against the block size increase but are also upset that the Segwit2x working group will not add replay attack Read more …