Please share if you find this article interesting. Hodler’s Digest, September 23-30: Walmart Embraces Blockchain, Google Does 180 On Crypto-Ad Ban Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Google Reverses Crypto Ad Ban, Allows Crypto Exchanges In Japan, US To Advertise The U.S. tech giant Google is set to update its ad policy in October, re-allowing registered cryptocurrency exchanges located in the U.S. and Japan to advertise. According to the official announcement, starting in October, Google will allow registered cryptocurrency exc
Please share if you find this article interesting. Bitcoin Price Makes Second Straight Monthly Loss in September Bitcoin (BTC) is reporting losses for a second straight month, but there are hints of a bullish breakout ahead in the fourth quarter. At press time, the leading cryptocurrency is trading at $6,570 – down 6.30 percent from September's opening price of $7,014. BTC also registered a 10-percent decline in August, according to CoinDesk's Bitcoin Price Index (BPI). However, despite the back-to-back monthly losses, the cryptocurrency is flashing a 2 percent gain for the third quarter. Further, the quarterly gain could have been much bigger had the US Securities and Exchange Commission (SEC) not rejected a notable application for a bitcoin exchange-traded fund (ETF). July: BTC
Please share if you find this article interesting. Japan: Self-Regulatory Group of Crypto Exchanges Set to Tighten Rules on Online Digital Asset Storage The self-regulatory Japan Virtual Currency Exchange Association (JVCEA) plans to stricten its customer asset management measures. The Japan Times outlet reported this news Sunday, September 30, citing “informed sources.” JVCEA is a self-regulatory group of some of the largest licensed exchange operators in Japan, established in April of this year. Now, the organization is reportedly planning to tighten its rules by establishing a limit on the amount of digital currencies that can be managed online by any exchange. According to The Japan Times’ sources, the limit will likely be set at around 10 to 20 percent of customer deposits.
Please share if you find this article interesting. Launching a Website on the Bitcoin Cash Network Is Now a Reality - Bitcoin News Technology & Security On September 29, Bitcoin Cash enthusiast Donald Mulders wrote an interesting post on the social media network Yours.org. The post detailed that he was attempting to host a website on the Bitcoin Cash (BCH) chain using the Bitdb 2.0 application. Following the write-up, and with a little help from the BCH developer Unwriter and a tool called Cryptograffitiweb, Mulders’ on-chain hosted website ‘Bitcoin Cash Hoarder’ can now be seen on any browser. Also read: Markets Update: Digital Asset Consolidation and Accumulation Continues Hosting a Simple HTML Website on Bitcoin Cash Donald Mulders. Over the last few months, there have be
Please share if you find this article interesting. The Daily: Blockchain.com Launches OTC Trading Desk, Shapeshift Relaunches Coincap - Bitcoin News The Daily Wallet provider Blockchain.com has created an OTC trading desk as part of its efforts to cater to institutional investors. Also in The Daily this Sunday, Shapeshift launches the redesigned Coincap tracker, Kraken lists Cardano and Qtum, and Compound offers its users the option to short cryptocurrencies. Also read: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins Blockchain.com Launches OTC Trading Desk for Institutional Investors Blockchain.com, the popular cryptocurrency wallet provider, has launched an over the counter (OTC) trading desk as part of its plans to attract institutional investors. The company alre...
Please share if you find this article interesting. Disgruntled ICO Investors Threaten to Bring in the Crypto Lawyers - Bitcoin News Crowdfunding The great ICO rush of 2017 and early 2018 is over. The euphoria, the unironic cries of “When Binance?”, and the 10x returns are now a thing of the past. Epic gains and moon missions have been replaced by acrimony, recriminations and, increasingly lawsuits, both real and threatened. Also read: BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring Crypto Lawyer Season Is in Full Swing Crypto lawyers have been the big winners from this year’s failed ICOs One of the big selling points with initial coin offerings (ICOs) has been their inclusiveness. Almost anyone can participate. This has made for a more egal
Please share if you find this article interesting. Proposed Crypto Mining Moratorium Rejected by County in Montana - Bitcoin News Mining Montana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was first presented at a public hearing in June but was postponed for three months. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Proposed Crypto Moratorium Rejected Missoula County’s board of commissioners held a public hearing Thursday to decide whether to accept or reject the proposal for a one-year emergency moratorium on new or expanded cryptocurrency operations. Crypto mining could be limited in the county “under temporary emergency interim zoning,” the Missoul
Please share if you find this article interesting. BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring - Bitcoin News News Two research firms released compelling data on the state of Bitcoin Core (BTC). Chainalysis revealed 36% of BTC in circulation is lost, likely lost, or unmined. The percentage of BTC held by speculators is 22%, while investors accounted for a steady 30%. The United States government, and especially its Internal Revenue Service (IRS), reportedly account for 20% of spending ($5.7 million out a collective total of $28.8 million) for monitoring on-chain transactions through firms like Chainalysis, according to researchers at Diar. Also read: US Regulator Moves to Sanction Plexcoin’s Lacroix and Paradis-Royer BTC Investors and S
Please share if you find this article interesting. Crypto Behind Bars: Arrests Making Headlines Across the Globe Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses at the click of a mouse, and their obfuscation behind the multiple strings of numbers and letters of wallet addresses can create a dizzying — if not impenetrable — cryptographic maze for authorities to navigate. But the criminals themselves present a more concrete target, and as they interface with everything from crafty code to unwieldy hardware to ‘traditional’ firearms, there has been some success in 2018 in nabbing some of the year’s darkest — and most imaginative — offenders. From soap actors
Please share if you find this article interesting. New Pos by Pundix Allows Nigerians to Make Payments in Bitcoin Emerging Markets Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches Iban For Spanish and French Users, Doubles Account Limits Payments Go Crypto With ‘a First for Africa’, in Nigeria, by Pundix A Nigerian importer and distributor of agriculture products has installed a point of sale payment system that is underpinned by cryptocurrency such as