Category: Bitcoin.com

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Bitcoin.com Update: Dev Fund Proposal ‘Will Not Go Through’ Without More Agreement – Bitcoin News

Bitcoin.com

The BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement in the Bitcoin Cash community, Bitcoin.com has announced via a read.cash post uploaded today. Also Read: Heated Debate Read More

Swiss Bank Julius Baer Offers New Digital Asset Services With Licensed Crypto Bank SEBA – Bitcoin News

Bitcoin.com

Switzerland, a nation that’s been quite positive towards crypto business, is facilitating the integration between its traditional financial sector and the blockchain industry. With greater regulatory clarity and stability coming, established banks are plucking up the courage to offer digital Read More

Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan – Bitcoin News

Bitcoin.com

Last Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cash (BCH) development over the course of six months. Over the last five days, the funding plan has been the most dominant conversation within Read More

Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks – Bitcoin News

Bitcoin.com

Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains Read More

Spill Your Sats: US Tax Advisor Tells Crypto Customers to Self-Report on Taxes, Even If Imperfectly – Bitcoin News

Bitcoin.com

Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like Read More

More Than 77 Crypto Projects Claim to Be Backed by Physical Gold – Bitcoin News

Bitcoin.com

The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether Read More

Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends – Bitcoin News

Bitcoin.com

The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered Read More

Everybody’s Staking But Who’s Using Proof of Stake Blockchains? – Bitcoin News

Bitcoin.com

The primary use case for staking blockchains is staking. That is their raison d’être, and thousands of cryptocurrency holders have utilized this provision to increase their holdings by earning staking rewards. As the total amount of staked tokens trends towards Read More

BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal – Bitcoin News

Bitcoin.com

Since Btc.top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12.5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, Read More

Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges – Bitcoin News

Bitcoin.com

On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves Read More

The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors – Bitcoin News

Bitcoin.com

In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in Read More

Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin – Bitcoin News

Bitcoin.com

Switzerland’s principal stock exchange, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded products listed. The latest addition, the 21shares Short Bitcoin, allows investors to profit from falling prices of the digital currency. Other listed crypto products include those that track Read More

Bitpay Users Can Now Purchase Crypto With Fiat In-App – Bitcoin News

Bitcoin.com

On January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the Read More

Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France – Bitcoin News

Bitcoin.com

Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the Read More

How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion – Bitcoin News

Bitcoin.com

Bitcoin Cash developers recently released the alpha software for Cashfusion, a privacy-preserving feature added to the Electron Cash wallet. During the last week, crypto proponents and developers have been testing the protocol regularly in order to find issues and provide Read More

Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal – Bitcoin News

Bitcoin.com

U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at Read More