Category: Crypto

Coder Proposes Alternative to Bitcoin’s ‘Notoriously Unreliable’ Testnet

Introduced Wednesday, a new proposal called Signet offers a fresh alternative to bitcoin’s test network. The software plays a crucial role for developers, serving as a place where they can test their apps, to make sure they work reasonably well...

/ July 18, 2019

Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex...

/ July 17, 2019

Waves Founder Sells Blockchain Startup to Russian Financial Consultant

A startup founded by the Waves platform team, Vostok, has been sold to one of the project’s earliest investors. According to a report by Gazeta.ru, Waves CEO Alexander Ivanov “sold his stake” in the data management and smart city oriented...

/ July 17, 2019

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will...

/ July 16, 2019

Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering

Say hello to the IFO. The cryptocurrency futures exchange CoinFLEX, backed by Polychain Capital and investor Roger Ver, will launch its first initial futures offering (IFO) this week. “This is the first time we’ve made a futures market for a...

/ July 16, 2019

Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions

Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using...

/ July 15, 2019

PR: Cred and Bitcoin.com Join Forces to Boost Crypto Lending

By John YearwoodCred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and...

/ July 15, 2019

What Trump’s Bitcoin Tweet Changes

Let’s be clear: It was not the substance of Donald Trump’s tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that this US President would declare himself “not a fan” of...

/ July 15, 2019

PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Abu Dhabi-based crypto...

/ July 14, 2019

South African Payment Gateway Drops BTC Over Fees and Network Congestion

On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it...

/ July 13, 2019

Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status

Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales...

/ July 13, 2019

Crypto Prediction Market and Derivatives Platform Veil Is Closing

Veil, the crypto-focused prediction market and derivatives platform, is closing its doors. Launched in January, the Veil web interface allowed users to place bets on Augur prediction markets, offering an instant settlement API to pay out on clear outcomes. The...

/ July 12, 2019

CEO of BitFunder Exchange Gets 14 Months in Prison for Fraud, Obstruction

Jon Montrol, the operator of defunct bitcoin-denominated trading platform BitFunder and WeExchange deposit service, was sentenced for securities fraud and obstruction of justice, according to a statement from the Southern District of New York. Montrol, of Saginaw, Texas, also known...

/ July 12, 2019

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

Donald J. Trump tweeted Thursday that he is “not a fan” of cryptocurrencies, saying they were “not money” and referencing their price volatility relative to the dollar in his first public comments on crypto since becoming president of the United States....

/ July 12, 2019

Expert Witness in Satoshi Case Claims Dr Wright’s Documents Were Doctored

The Kleiman v. Wright case continues this week and a slew of new evidence has been submitted to the Southern District of Florida courthouse. A supplemental affidavit stemming from the Kleiman estate’s expert witness, Dr. Matthew Edman, indicates that documents...

/ July 11, 2019

PR: Crypto Exchange Bithoven.com Enables Margin Trading

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bithoven.com a progressive...

/ July 11, 2019

Bitcoin Dips $1k In 1 Hour As Markets Take A Hit

The cryptocurrency markets fell sharply on July 10 after bitcoin (BTC) suffered another $1000 sell-off, denying a bullish breakout that looked primed to test its recent 2019 highs. At 14:00 UTC On July 10, BTC shed $962 from its price...

/ July 11, 2019

A History of Violent Intervention: John McAfee Offers to Help Cuba Resist US Sanctions With Crypto

Former antivirus software guru and 2020 Libertarian presidential “hopeful” John McAfee is a controversial figure, polarizing opinion in politics and culture, and taking a bold stand against the U.S. federal government. Most recently this has involved offering to help the...

/ July 10, 2019

Singapore’s Stock Exchange Backs New Ethereum Security Token Platform

A new trading platform for security tokens has launched with backing from Singapore Exchange (SGX), the country’s public stock market, and technical support from ethereum startup ConsenSys. The 1X platform has gone live Wednesday with its first listing of an...

/ July 10, 2019

IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users

A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through...

/ July 9, 2019