Please share if you find this article interesting. Bitcoin Price Lingers Below $6k As Post-Fork Altcoin Rally Expected Bitcoin prices were back below $6,000 Monday amid talk of an imminent altcoin rally to shelve protracted losses. Bitcoin’s honeymoon above the latest significant barrier remained chequered over the weekend as momentum appeared to cool. After recrossing $6,000 several times, rates on the majority of exchanges were settling around $5,800 at press time with some volatility. The move downwards has so far failed to breathe new life in altcoin markets, which have seen little by way of recovery or more in recent weeks. As Bitcoin climbed from $5,000, investors broadly opted to continue stockpiling the virtual currency ahead of the two hard forks due Tuesday and Nov. 18
Please share if you find this article interesting. What’s In A Name? Craig Wright Fail Reveals he is NOT Satoshi Nakamoto Self-proclaimed Bitcoin creator Craig Wright has appeared to confirm he is not Satoshi Nakamoto. Wright, who has vehemently defended himself against criticism to maintain he is the elusive personality, failed to recognize his own name on a list of Bitcoin ‘influential people.’ The debacle played out on Twitter late last week as CoinDesk called for participants in a survey of Blockchain industry figures. Civic CEO Vinny Lingham’s forecast the survey could be “controversial” came true sooner than expected. While Satoshi Nakamoto was present on the list, Wright himself was not, leading him nonetheless to publicly ask why his ‘real’ name was absent. CoinDesk respo
Please share if you find this article interesting. Tim Draper: There Was Nothing Secretive About Our Purchase of Tezos On Oct. 22, Cointelegraph published our contributor Nick Ayton’s opinion piece called “What Lessons Can Be Learnt From Tezos ICO Debacle.” The piece asked questions regarding the situation with the Tezos’s ICO, the companies, foundations and persons that participated in it. It has recently been reported that a San Diego legal firm is considering filing a class action lawsuit on behalf of some US investors against the company Dynamic Ledger Solutions, Inc. that, as the law firm suggests, is holding the rights to the Tezos network. Our aim is serving the crypto community, for which the question of raising money for Blockchain projects is vital. That’s why we cons
Please share if you find this article interesting. Russia Promises Regulation Will Not Kill ICOs - Bitcoin News Regulation Russia’s First Deputy Prime Minister Igor Shuvalov promised not to let initial coin offerings (ICOs) in Russia “die” because of regulations last week. Despite bills being prepared to regulate them, President Vladimir Putin has said that ICOs hold “tremendous potential” and should not be obstructed. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Defending ICOs First Deputy Prime Minister Igor Shuvalov. Russia’s First Deputy Prime Minister Igor Shuvalov spoke at a youth forum in Sochi last week. One of the forum participants asked him, “I have a big request for you, please do not let our ICOs die as a result of regu
Please share if you find this article interesting. PR: E-Chat Pre-ICO: First Decentralized Messenger with Capabilities of a Multi-Currency Crypto-Wallet - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. A Hong Kong start-up, developing a decentralized multi task e-Chat messenger, announced the start of pre-ICO! The e-Chat team announced the release of a revolutionary product on the ICO, which will undoubtedly interest both large investors and ordinary users. The product developed by the e-Chat team combines such...
Please share if you find this article interesting. Should We Fix Malleability in Bitcoin and Bitcoin Cash? If so, how? And when? - Bitcoin News Op-Ed 1 min ago | By OP-ED - | 2 | Written by Jonald Fyookball. If you’re a Bitcoiner or crypto-enthusiast, you’ve probably heard this “malleability” issue being discussed and wondered what it’s all about. Maybe you’ve probably heard a bunch of conflicting ideas and opinions about it too. Let’s break it all down. What’s Malleability? There’s different types of malleability, but to make a long story short, if you create a Bitcoin transaction, someone else (such as a miner or exchange) can modify the transaction ID (txid) before it gets put into a block. What’s a transaction id? Well, think of it as like a “receipt number” for yo
Please share if you find this article interesting. Plus500 Purportedly Subject to Litigation Over Allegations Of "Rigging" CFD Markets News Online trading platform Plus500 is reported to have become the subject of legal action, owing to accusations that the company has been “rigging” its contracts for difference (CFD) markets. Plus500 offer contracts for CFDs for shares, commodities, forex, and over half a dozen cryptocurrencies. Also Read: With Bitcoin’s Price Above $6000 USD, Satoshi Nakamoto Should Be on Forbes’ Rich List Plus500 Is Accused of Intentionally Delaying the Execution of Trade Requests Luca Salerno, a representative of Giambrone, the European law firm that is currently preparing the class action lawsuit, discussed the class action against Plus500 with the Aust
Please share if you find this article interesting. When Governments Get Intrusive, Bitcoin Provides Way Out Governments across the world are using technology and banks to keep an eye on their citizens. Decentralized currencies like Bitcoin may be the only way out for people who want to maintain their privacy. Europe and MiFid The European Union's Market in Financial Instruments Directives (MiFiD) are set to be implemented from January 2018. Customers who transact in securities will now have to provide their passport numbers to every platform they register on. Exchanges are transitioning to MiFiD-ready platforms and have started collection of data. If you do not provide your passport number and other personal data, exchanges may block your transactions. As far as Know-Your-Custome...
Please share if you find this article interesting. Bittrex Issues Official Statement About Bitcoin Gold, Warns Users Bittrex, the US-based Bitcoin and altcoin exchange has announced its official position on Bitcoin Gold. The exchange, widely regarded as a substantial player in the marketplace, had previously hesitated issuing a formal statement. However, with the hard fork just a short time away, Bittrex has finally clarified its position on the coming fork. Per the statement, Bittrex will perform a ‘wallet snapshot’ at the time of the hard fork, which will occur at block 491,407. At that time, each BTC will receive an equivalent BTG. According to the statement: “If you have a Bitcoin (BTC) balance on Bittrex during the BTG snapshot block 491,407 occurring approximately on Octob
Please share if you find this article interesting. Bitcoin Service Providers Continue to Reveal Plans for Bitcoin Gold - Bitcoin News News This week bitcoin proponents have been talking about the bitcoin gold fork scheduled for October 25. With just a few days away, bitcoin exchanges and service providers have been detailing their contingency plans on how to best deal with the upcoming distribution of split tokens. Also Read: Bitcoin Cash Community Preps Hard Fork Slated for November 13 Coinbase Reveals Plans for Bitcoin Gold Bitcoin enthusiasts have been discussing the bitcoin gold fork a lot this week across social media and cryptocurrency forums. Now many bitcoin-based service providers are coming out of the woodwork to explain their company’s stance towards this fork and