Category: Uncategorized

Cryptocurrencies are gradually becoming a viable payment option across a range of markets and jurisdictions. If there is a tool that significantly expands the usability of digital coins in a world still dominated by traditional payment systems, it’s the crypto debit card. A growing number of reliable platforms offer the fintech product to bitcoin enthusiasts. Also read: Crypto Cards Are Legal in Russia, According to the Finance Ministry Established Crypto Card Providers in the U.S. Bitpay, which processed over $1 billion in payments during a bearish 2018, offers users in all…

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A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Lawsuit Filed Grant County public utility district (Grant PUD) in Washington state has revealed that nine cryptocurrency firms have filed a lawsuit against it and its commissioners relating to the increased…

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To kickstart the weekend, we’ve curated a handful of short but compelling stories from across the crypto sphere. First up, we’ll revisit the fallout from Wallet Fail’s demonstration of hardware wallet cracking. We’ll then move on to a Patreon alternative that’s powered by cryptocurrency and a viral tweetstorm about everything that’s allegedly wrong with Ethereum. Also read: Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection More Hardware Wallet Manufacturers Respond to Hacking Claims As we reported yesterday, a team known as Wallet Fail have captured attention after demonstrating how…

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A South Korean lawmaker has reportedly introduced a bill to promote cryptocurrency trading and the development of crypto exchanges. In addition to requirements such as capital, manpower, and internal systems, the bill proposes establishing a committee to promote and support crypto trading. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Promoting Crypto Trading Korean lawmaker Kim Sun-dong, a member of the National Assembly’s Political Committee, announced last week that he has initiated the Digital Asset Trading Promotion Act, local media reported. Seoul Finance elaborated: ‘The Digital Asset…

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Three days ago the crypto-economy suffered deep losses, with digital asset prices at their lowest across the board since September 2017. But on Wednesday the digital asset ecosystem started showing a slight recovery, as the entire market capitalization of all 2000+ coins gained $14 billion. Also Read: Free Keene Activists Launch Tip-Card Creator Called Cryptotip.org Cryptocurrency Markets Show Slight Recovery Cryptocurrency markets are doing much better today than they were three days ago, when we published our last markets update. For instance, most of the top 10 digital currencies are up between 12-18%…

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South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure.  Upbit Becomes First ISMS Licensed Exchange Upbit, South Korea’s largest cryptocurrency exchange by volume, has become the first to obtain an ISMS license. In December 2017, KISA decided that all internet and data related companies generating more than $100 million in revenue would require an ISMS license. KISA assesses these firms based on over one-hundred criteria, to ensure they have strong internal management systems and security protocols. Following Upbit’s approval, the agency…

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This week provides another opportunity for a cryptocurrency HODL vs. FODL analysis. With Black Friday having just passed this is the perfect opportunity to do some shopping. Cryptocurrency Winter is Here BTC 00 having fallen more than 30% in the prior week has brought many cryptocurrencies lower with it. However, with a lower BTC comes cheaper cryptocurrencies. This week two cryptocurrencies are highlighted as HODLs: DOCK and VET. With DOCK likely to have the most significant gains of those on this list in the short term. Unfortunately, Bitcoin Gold is…

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Google trends Bitcoin interest hit its highest since April this week as BTC price has taken a beating in the past week. Google Trends ‘Bitcoin’ Interest Hits April Bull-Run Levels You know what they say: any publicity is good publicity. The latest data from Google Trends confirms the uptick in curiosity about Bitcoin after BTC/USD 00 dropped 30 percent under circumstances commentators have yet to fully understand. The proportion of searches for ‘Bitcoin’ is higher now than during any weekly period since April 8, at which time its price began…

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As volatility returns to cryptocurrency markets, with serious losses over the past week or so, digital asset exchanges and other fintech platforms have again turned their attention to crypto derivatives. Instruments such as bitcoin futures contracts can help traders hedge against risks and even profit from falling prices.  Also read: Isle of Man Updates Registration Rules for Cryptocurrency Businesses Huobi Launches Crypto Derivatives Market Singapore-based digital asset exchange Huobi has announced the beta launch of its cryptocurrency derivatives trading platform. Huobi Derivative Market (Huobi DM) allows users to profit from…

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A sudden influx of nodes on Bitcoin’s Lightning Network (LN) has seen capacity increase to new all-time highs as the scaling solution is now handling over $2 million in BTC. Lightning’s Transformative Month Data from monitoring resource 1ML.com reveals the past week have seen overall capacity shoot up almost 300 percent to 438 BTC. An analysis of top capacity nodes on the Bitcoin mainnet LN implementation shows multiple new entries from the same provider, most of which dwarf the capacity of the network’s previous largest node, ‘fairly cheap,’ which provided…

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