Month: December 2018

News On Jan. 3, 2019, cryptocurrency proponents the world over will commemorate Bitcoin’s 10th anniversary. While some will raise a glass to Satoshi’s decade-old accomplishment, others may choose to mark the occasion by acquiring a piece of memorabilia. Predictably, there is no shortage of companies lining up to hawk commemorative bitcoin baubles. Also read: Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone Bitcoin Is Nearly 10 Again Bitcoin is so special it gets two birthdays a year. The first of these falls on Read more …

The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28. According to the article, a new version of the Anti Money Laundering (AML) and Terrorist Financing Prevention Act came into force this week in Estonia, conforming legislation to the EU’s so-called “Fourth Money Laundering Prevention Directive.” The regulation introduced this week reportedly introduces “virtual currency exchange service providers” and “virtual currency payment Read more …

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Well, here’s something we didn’t expect this early in the century. Ohio’s state government is now accepting Bitcoin and Bitcoin Cash via its payment portal, serviced by BitPay. As CCN reported: “Ohio will become the first state in the US to officially accept tax payments in bitcoin, according to a Wall Street Journal report. Beginning this week, businesses who Read more …

Saturday, Dec. 1 — Crypto markets have seen a substantial influx on the first day of this winter month, with all top 20 coins by market cap firmly in the green, according to CoinMarketCap. Market visualization from Coin360 Following multiple plunges below the $4,000 threshold yesterday, Nov. 30, Bitcoin (BTC) has managed to finally hold $4,000 support today. The major cryptocurrency is now trading at $4,202, up 4.5 percent over the past 24 hours to press time. Bitcoin is down Read more …

News The Satoshi Revolution: A Revolution of Rising ExpectationsSection 5: Saving the World Through AnarchismChapter 11, Part 7Crypto Justice: Don’t Smash the State, Bypass the State. The 19th century individualist-anarchist Benjamin Tucker referred to anarchism as “society by contract.” The contracts could express any exchange, from leases to prostitution, from insurance policies to drug deals. The contracts would not be legal or illegal, only consensual. Just as crypto bypasses central banking and decentralizes economic control down to the individual, smart contracts Read more …

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. In the past 24 hours, the cryptocurrency market added $7 billion to its valuation as Bitcoin and Ethereum rebounded by around five percent. Bitcoin (BTC) successfully defended a relatively weak support level at $4,000 with strength and Ethereum (ETH) prevented a further drop below the $110 level. However, based on the level of the momentum of major cryptocurrencies throughout Read more …

On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chose over working with cryptocurrencies, per se. So what are those new projects and are they going to change the crypto industry? QLDB: Cryptographic, but centralized database As per Amazon’s website, QLDB is a ledger database designed Read more …

The CEO of cybersecurity firm Cuvepia declared that his company detected over 30 attacks on crypto-bearing individuals probably carried out by North Korean hackers, English-language media site South China Morning Post reports Nov. 29. Kwon Seok-Chul, the CEO of the aforementioned South Korean cybersecurity company, said that the new targets of the suspected North Korean cyberattacks “are just simple wallet users investing in cryptocurrency.” He then added that many cases probably haven’t been detected, and that there may have been Read more …

The Daily In this edition of The Daily, we look at the latest regulatory development in Europe – Belarus High Technologies Park has adopted new regulations for cryptocurrency companies. We also cover Galaxy Digital’s report into its third quarter financial results and an alert issued in Texas about a new scam promising refunds to Bitconnect investors.   Also read: Kucoin Enables Credit Card Payments, Coinbase Pro Adds Zcash Belarus Expands Crypto Regulatory Framework Belarus, which legalized business activities related to Read more …

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Vitalik Buterin was at Devcon4 recently and gave an interview to Quartz in which he said a few things about Ethereum in general. For one, he feels that a “world computer” is still a valid way to describe the Ethereum project – “a shared computing environment that anybody can build and run stuff on is still a totally legitimate Read more …