Bitcoin

Street Artist Hides $1,000 in BTC Inside a Mural Depicting Paris Protests

January 7th, 2019

Over the last eight weeks, the world has watched the yellow vest protests in France as the grassroots political movement has fought for economic justice. On Sunday, the well-known street artist Pascal Boyart (Pboy) revealed a mural that contains a solvable puzzle with 0.28 BTC inside. The artist explained that the puzzle cannot be solved…

Ledger Unveils Bluetooth-Enabled Hardware Wallet

January 7th, 2019

Hardware wallet manufacturer Ledger has unveiled its newest cryptocurrency wallet. The Ledger Nano X is Bluetooth-enabled and can hold up to 100 different cryptocurrencies at a time. A mobile app is also being launched for both iOS and Android to pair the device to smartphones. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for…

The Daily: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London

January 7th, 2019

In today’s edition of The Daily we cover reports that Robinhood is working under the radar to hire staff in London for an expansion into the U.K., an auction of seized cryptocurrency in Northern Ireland, and comments from the founder of Fortnite developer Epic Games about rumored cryptocurrency partnerships. Also Read: Mckinsey: Despite Billions of…

Colorado Introduces Bill With Securities Law Exemptions for Cryptocurrencies

January 7th, 2019

The U.S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill. Meanwhile, the state’s securities commissioner has already taken action against 20 initial coin offerings. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…

Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

January 6th, 2019

One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain networks and the median average each day has not surpassed a U.S. penny in 10 months. Also read: Four…

Coinbase and Its Troubling History of Customer Account Closures

January 6th, 2019

Coinbase is hailed as a paragon of the cryptocurrency industry, its CEO’s every utterance amplified and its every coin listing over-analyzed. Lauded for introducing millions of people to cryptocurrency, Coinbase is regarded as a net good for the crypto space. But there’s a less savory side to the San Francisco exchange that’s seen prominent customers…

Thousands of Banned Binance Customers Remain Cut off by the Exchange

January 6th, 2019

Binance, the world’s second-largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U.S. economic sanctions, in line with its controversial revised terms of use. However, the ban affects entire populations in countries such as Zimbabwe, where U.S. restrictions are supposed to specifically target individuals and companies. Also read: Bitcoin…

Analysis: Understanding the SEC’s Stance on Crypto

January 5th, 2019

Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect….

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

January 5th, 2019

In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong…

Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities

January 5th, 2019

The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.”…