Category: Crypto

Why Tokenized Projects Are Building on Bitcoin

Bitcoin is something you hodl. Ethereum is something you build on. At least that has long been the official narrative, with projects favoring dedicated smart contract networks over Bitcoin for spinning out dapps and second layer solutions. Like all crypto...

/ November 19, 2019

Researcher Breaks Mimblewimble, Deanonymizing 96% of Grin Transactions

The Mimblewimble privacy technology used by cryptocurrencies such as Beam and Grin is broken. That’s the claim of researcher Ivan Bogatyy who has published a report documenting his findings. In it, he reveals how he was able to deanonymize 96%...

/ November 18, 2019

IRS Dispels Crypto Tax Confusion

The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software...

/ November 17, 2019

Bitcoin Cash Community Funds Eatbch Trip to Ghana

This week members of the Bitcoin Cash (BCH) community donated funds to Eatbch South Sudan volunteer Thiong Deng so he could spread the word about the benefits of BCH at the Young African Leaders Summit. According to Deng, his journey...

/ November 16, 2019

The Crypto Companies Reinventing the Wallet

You wouldn’t think there was much to improve about cryptocurrency wallets. Save for a few UX improvements here and there, what’s to reinvent? A surprising amount, it turns out. This year has seen a resurgence in wallet investment and innovation,...

/ November 15, 2019

Instant Crypto Exchange Changelly Secures Access to SLP Tokens

Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also...

/ November 14, 2019

Developer Demos Smart Card That Produces Bitcoin Cash Signatures

Software engineer Tobias Ruck has revealed a project he’s been working on that allows a smart card to produce valid BCH signatures. Ruck tweeted about his experiment to the crypto community and Bitcoin Cash proponents showed their excitement about the...

/ November 13, 2019

Spend 10 Cryptocurrencies With These Debit Cards

Debit cards linked to crypto wallets have been a useful payment tool for users who want to be able to spend their cryptocurrencies almost anywhere. Offerings in the segment have been changing over time due to various reasons including regulatory...

/ November 12, 2019

Generation QE: How Central Banks Create Money From Thin Air

This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the...

/ November 11, 2019

Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner

India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his...

/ November 10, 2019

Crypto-Based Commerce Spikes 65% in 7 Months

Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that...

/ November 9, 2019

Crypto-Friendly Silvergate Bank IPO Debuts on NYSE

The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including...

/ November 8, 2019

Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges

Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate...

/ November 7, 2019

Canadian Regulator Seizes Troubled Crypto Exchange

The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action...

/ November 6, 2019

China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin

Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain, and smart contracts. The app is designed to teach “Xi...

/ November 5, 2019

Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight

A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut,...

/ November 4, 2019

Another Chinese Lender Bailed Out After Bank Run

Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan...

/ November 3, 2019

Trusted Friends Can Become Crypto Custodians With the Vault12 Platform

A firm called Vault12 launched its new passkey security solution for cryptocurrency assets. Vault12 is an application that allows people to enlist their trusted friends and family members to help safeguard their assets. According to the project’s creators, the new...

/ November 2, 2019

ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’

Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act...

/ November 1, 2019

The Xi Effect – Chinese Government to Fund Blockchain Projects

Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. Of course,...

/ October 31, 2019