Wednesday, August 12Your Daily Bitcoin & Altcoin News Portal

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PR: Aeron Blockchain Flight Safety Startup Announces Agreement to List Aeron ARN Token on HitBTC – Bitcoin News

PR: Aeron Blockchain Flight Safety Startup Announces Agreement to List Aeron ARN Token on HitBTC – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: Aeron Blockchain Flight Safety Startup Announces Agreement to List Aeron ARN Token on HitBTC - 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. Aeron, the blockchain startup focused on flight safety, announces the agreement to list Aeron’s ARN token on HitBTC, one of the largest global bitcoin trading platforms. Deposits and withdrawals of the ARN token on HitBTC will be enabled in November 2017 with ARN/BTC and ARN/ETH trading pairs. Aeron is a software comp
Microsoft CEO Issues Blockchain Challenge to Interbank Messaging Service Swift

Microsoft CEO Issues Blockchain Challenge to Interbank Messaging Service Swift

BITCOIN
Please share if you find this article interesting. Microsoft CEO Issues Blockchain Challenge to Interbank Messaging Service Swift Technology firm Microsoft chief executive officer (CEO) Satya Nadella has issued a challenge to the interbank messaging service Swift to develop ‘useful’ applications of Blockchain technology. Nadella issued the challenge during the last day of the three-day Sibos 2017 annual financial conference, which was hosted by Swift. [embedded content] When asked onstage by Swift CEO Gottfried Leibbrandt on his opinion whether Blockchain technology lives up to its lofty reputation, Nadella said: "There's real tangible progress that can be made. But, I think it's in your hands that it has to be converted into things that are very useful." Other highlights of
Wild Case of Religion, Bitcoin, Hacking, Ends in Prison Sentences – Bitcoin News

Wild Case of Religion, Bitcoin, Hacking, Ends in Prison Sentences – Bitcoin News

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Please share if you find this article interesting. Wild Case of Religion, Bitcoin, Hacking, Ends in Prison Sentences - Bitcoin News Featured Criminal hacking is nothing new, but this case has it all: religion, bitcoin, and ransomware. It’s hard to turn away. Unfortunately real people and their lives were impacted, along with the early reputation of the world’s most popular cryptocurrency. Also read: Unlicensed Bitcoin Exchange Coin.mx Operator Sentenced to Five and a Half Years in Prison Praise the Lord, Pass the Code It’s a criminal enterprise stretching across as many different borders as it does strange elements. From Israel to Russia, Florida and New Jersey, U.S. v. Murgio 15-cr-00769 is part familiar tale of greed and covering tracks mixed with the very latest in cyber-
Why MIT Implemented Bitcoin Blockchain to Distribute Diplomas Instead of Permissioned Ledgers

Why MIT Implemented Bitcoin Blockchain to Distribute Diplomas Instead of Permissioned Ledgers

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Why MIT Implemented Bitcoin Blockchain to Distribute Diplomas Instead of Permissioned Ledgers Massachusetts Institute of Technology (MIT) has started to issue diplomas through its Blockcerts platform, a Bitcoin Blockchain-based application which provides a tamper-resistant and immutable ledger for the distribution of academic credentials. Blockcerts, which was first introduced in 2016, was developed by Learning Machine in collaboration with the MIT Registrar’s Office, with the vision of creating an open infrastructure wherein graduates can receive diplomas that are easily accessible and verifiable. The Blockcerts development team explained: “Blockcerts provides a decentralized credentialing system. The Bitcoin Blockchain acts as the provider of trust, and credentials are tamper-res
Bitcoin Hard Forks Mean Tax Complications, IRS Offers Little Help – Bitcoin News

Bitcoin Hard Forks Mean Tax Complications, IRS Offers Little Help – Bitcoin News

BITCOIN
Bitcoin Hard Forks Mean Tax Complications, IRS Offers Little Help - Bitcoin News Regulation With three hard forks in less than twelve months a real possibility, many bitcoiners are wondering about their implications. Often left out of the debate are tax consequences. The Internal Revenue Service (IRS) hasn’t offered much clarity since its announcements in 2014, and even those were of little help. Also read: IRS May Consider Bitcoin Cash Fork Taxable Income This Year Unwanted and Free? They’ll Tax it! Seemingly having more to do with deductions in tax reporting, Haverly v. U.S., 513 F.2d 224 (7th Cir. 1975) involved an elementary school principal’s reception of unsolicited textbooks. He donated them to the school’s library, and then claimed charitable deduction. The court held e
Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans – Bitcoin News

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans – Bitcoin News

BITCOIN
Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans - Bitcoin News Markets and Prices Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard Fork Plans Bitcoin Gold Hard Fork The Bitcoin Gold hard fork of the Bitcoin blockchain is expected to take place at block 491,407, which will likely occur on October 25. A new cryptocurrency, bitcoin gold, is expected to emerge from the fork. Over the past few days, major Japanese bitcoin
Saudi Arabia’s IDB Plans Blockchain Financial Project

Saudi Arabia’s IDB Plans Blockchain Financial Project

BITCOIN
Saudi Arabia’s IDB Plans Blockchain Financial Project Institutional-level adoption cases for Blockchain technology are cropping up everywhere. The most recent announcement comes from Saudi Arabia, where the Islamic Development Bank will use Blockchain-based financial platforms to reach out to Muslim customers. The Islamic Research and Training Institute is seeking to create platforms that are sharia-compliant via partnerships with Ateon and Belgium-based SettleMint. According to the announcement: “Involvement of the IDB, a multilateral development institution, could also encourage other fintech firms to incorporate Islamic finance to tap markets across the Middle East, Asia and Africa. Islamic finance follows religious principles such as a ban on gambling and outright speculation,
Bitcoin Cash Community Preps for a Hard Fork Slated for November 13 – Bitcoin News

Bitcoin Cash Community Preps for a Hard Fork Slated for November 13 – Bitcoin News

BITCOIN
Bitcoin Cash Community Preps for a Hard Fork Slated for November 13 - Bitcoin News Technology Over the past few weeks, the discussion regarding fixing the Difficulty Adjustment Algorithm for the Bitcoin Cash network has been a very hot topic. Now according to sources, the protocol’s developers are in the midst of planning a hard fork slated for November 13, 2017. Also Read: Satoshi Nakamoto Should Be on Forbes’ Rich List Several Proposals Developed, Coded, and Tested According to Juan Garavaglia of the organization Bitprim.org, bitcoin cash (BCC) developers are currently planning a “smooth hard fork” for November 13. News.Bitcoin.com spoke with Garavaglia briefly about the subject, and he says that developers Amaury Séchet, Tom Harding, and Neil Booth have submitted proposals.
Dilbert Comic Strips Lampoon Blockchain and Initial Coin Offerings

Dilbert Comic Strips Lampoon Blockchain and Initial Coin Offerings

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
With the enterprise business world moving closer to launching blockchain-based products and services, it's no surprise that the popular comic Dilbert would tackle the subject. In the past week, comic artist Scott Adams has put out two strips related to blockchain, including one wherein the eponymous Dilbert floats the idea of launching an initial coin offering (ICO). After Dilbert lays out the basic gist of the use case – through which funds are raised via the sale of cryptographic tokens issued on a blockchain – his boss gets lost in the minutiae of the model. A day later, the comic strip featured another segment related to blockchain, this time referring to the marketing hurdles of explaining what is still a niche technology application. The topic of cryptocurrency itself has been rai
PR: Quicker, Safer, Cheaper: What Exactly Does Universa Blockchain Present? – Bitcoin News

PR: Quicker, Safer, Cheaper: What Exactly Does Universa Blockchain Present? – Bitcoin News

BITCOIN
PR: Quicker, Safer, Cheaper: What Exactly Does Universa Blockchain Present? - 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. Universa Blockchain introduces an innovative technology, the technical details of which need to be explained, like mostly when it comes to brilliant ideas. Sergey Chernov, the technical director of Universa, answers the questions about Universa Blockchain. Q-Sergey, how is the high speed of Universa Blockchain possible?A-First of all, it is possible because the architecture of Universa is sp...