Tag: Bitcoin Cash

IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies | Regulation Bitcoin News

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Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about Read More

A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity | Mining Bitcoin News

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A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late Read More

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab | Bitcoin News

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On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be Read More

Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position | Finance Bitcoin News

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Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded Read More

TNABC Miami’s Eighth Annual Conference Goes Virtual, Event Underscores Technology’s Important Role | Promoted Bitcoin News

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On January 28-29, 2021, The North American Bitcoin Conference (TNABC) is preparing to kick off its eighth exhibition with another cryptocurrency and blockchain-focused event. The event organizers have lined up more speakers than ever, as this year’s TNABC is going Read More

Venezuelan President Maduro Promises 2021 Will Be the Year to Boost Usage of Petro | Altcoins Bitcoin News

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The Venezuelan president, Nicolás Maduro, has claimed that 2021 will be the year of the state-backed petro (PTR) token. He also promised to boost a “100% national digital economy” agenda through a “complete digitalization process.” 77% of Trade Transactions in Read More

$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees | Bitcoin News

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During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion Read More

Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos | Economics Bitcoin News

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Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high Read More

Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill | Featured Bitcoin News

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A man has accidentally thrown away a hard drive containing 7,500 bitcoins. He is now offering his city 25% of the value of the bitcoins stored in the hard drive for permission to search the city’s landfill site. His bitcoins Read More

CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency | News Bitcoin News

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A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Read More

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues | Exchanges Bitcoin News

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Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to Read More

Nigerian Youth Propels the Country to the Top of Google Bitcoin Search Rankings | Emerging Markets Bitcoin News

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Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data. The data shows that the West African country has a search score Read More

Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’ | Exchanges Bitcoin News

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Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented Read More

Goldman Sachs Sees Bitcoin Market Becoming More Mature | Markets and Prices Bitcoin News

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Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the Read More

Popular Youtuber Ali Spagnola ‘Accidentally Got Bitcoin Rich,’ Decides to ‘Pay It Forward’ | News Bitcoin News

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On Wednesday, the popular musician and Youtuber, Alicia Dawn “Ali” Spagnola, made a new video and tweeted about how she got “accidentally bitcoin rich,” after taking a request for her project called Free Paintings. After getting a bitcoin in 2013 Read More

Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple | Markets and Prices Bitcoin News

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Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the Read More

ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’ | Regulation Bitcoin News

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The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work Read More

US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman | Regulation Bitcoin News

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The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from Read More

Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High | Mining Bitcoin News

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The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an Read More

T-Systems and Validation Capital Partner With Flow Blockchain | Press release Bitcoin News

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PRESS RELEASE. January 13, 2021 – T-Systems MMS, a subsidiary of the largest telecommunications provider in Europe, Deutsche Telekom, announces today a partnership with Flow blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot. T-Systems’ flagship Read More