Bitcoin

Why Some Crypto Companies Consider KYC and AML Compliance Unnecessary

January 14th, 2019

When it comes to cryptocurrency regulation, there is a lack of consensus on how to protect investors. Criminal activity such as fraud, hacks, and theft is prevalent, not only in the crypto realm but in the traditional financial world too. Some exchanges have deemed know your customer (KYC) and anti-money laundering (AML) compliance as unnecessary,…

How to Generate a Bitcoin Address With Your Own Name

January 14th, 2019

You don’t have to be vain to want a vanity address. A bitcoin vanity address is the crypto equivalent of a personalized license plate, with a portion of its 26-35 alphanumeric characters closely mirroring the name of the wallet’s owner. For fundraising, collecting tips or soliciting donations, having a bitcoin address that’s synonymous with its…

The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC

January 14th, 2019

In this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using…

Bitmain Pauses Texas Mining Operations, County Officials Report

January 14th, 2019

According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly…

Cryptocurrency Conferences Continue to Thrive Despite Industry Downturn

January 14th, 2019

Over the last year, cryptocurrency prices have dropped significantly and mainstream attention has been waning in recent months. However, according to recent data, the digital currency and blockchain conference circuit did not see a steady decline during the last six months of 2018. Digital Currency and Blockchain Focused Conferences Are Still Trending Cryptocurrency and blockchain…

Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records

January 13th, 2019

The Latin American peer-to-peer (P2P) cryptocurrency markets have a seen a significant spike heading into 2019, with the Colombian, Peruvian, and Venezuelan Localbitcoins markets posting record volume when measuring in both fiat and BTC. The Argentinian, Dominican, and Mexican markets also posted record volume for P2P trade in recent weeks. Latin American P2P Markets Witness…

No, IBM’s Quantum Computer Won’t Break Bitcoin

January 13th, 2019

IBM recently unveiled its Q System One at the Consumer Electronics Show (CES) 2019, with the company describing the quantum computer as being developed for “commercial use.” Despite numerous media outlets again decrying the imminent death of Bitcoin, IBM’s quantum system is not the game-changer that many are heralding it to be. IBM Unveils Quantum…

9 Cryptocurrency Firms Sue Washington State Utility Over 50 Percent Rate Hike

January 13th, 2019

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. Lawsuit Filed Grant County public utility district (Grant…

Newspaper Ad Seeks Donations for Bitcoin Baby’s College Fund

January 13th, 2019

Despite being just one week old, Izabella Bowles carries great expectations upon her tiny shoulders. The baby, born on Jan. 6, will go to college when she’s older if parents Wioletta and Peter can help it. What’s more, her future tuition fees will be paid for using what many believe to be the future of…

“What Bear Market?” says VC Investor Max Keiser, Reports “10-100x” Increase on Crypto Investment

January 13th, 2019

Bitcoin is currently struggling at $3,660 after falling over 10 percent this week. However, VC investor, Max Keiser is not at all affected by the market as his investments in crypto ventures are up between 10-100x. Meanwhile, the research paper by the Federal Reserve Bank of St. Louis notes the huge supply of altcoins are…