Monday, July 22Your Daily Bitcoin & Altcoin News Portal
Venezuela to Use the Petro to Buy Auto Parts from Russia – Bitcoin News

Venezuela to Use the Petro to Buy Auto Parts from Russia – Bitcoin News

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Please share if you find this article interesting. Venezuela to Use the Petro to Buy Auto Parts from Russia - Bitcoin News Featured Venezuelan government intends to purchase Russian auto parts with its state-issued cryptocurrency. Ministers from both countries have discussed the use of the petro in bilateral transactions during a high-level meeting in Caracas. Possible Russian crypto investments are also on the agenda. Also read: Venezuelans to Buy Homes and Property with State Cryptocurrency Caracas to Build Kamaz with Kits Paid in Crypto Officials from Venezuela and Russia have agreed to expand the economic cooperation between the two countries. The bilateral intergovernmental commission met over the weekend in Venezuela’s capital. Talks covered different aspects of the “s
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Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency

Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency

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Please share if you find this article interesting. Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency The secretary of Iran’s High Council of Cyberspace (HCC) has publicly supported the potential ban of Telegram within the country, citing the chat app’s recent Initial Coin Offering (ICO) as potentially “undermin[ing] the national currency of Iran,” local news outlet Al-Monitor reported yesterday, April 3. According to Al-Monitor, the discussion about banning Telegram originally stemmed from both a desire to support local apps, as well as national security concerns due to the fear that the app could be used in future protests, as it was most likely used in the Dec. 2017 Iranian demonstrations. Hassan Firouzabadi, the secretary of the HCC – a p
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PR: Blockchain Games Operator True Flip Enters the Slot Market with Chain’s Code – Bitcoin News

PR: Blockchain Games Operator True Flip Enters the Slot Market with Chain’s Code – Bitcoin News

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Please share if you find this article interesting. PR: Blockchain Games Operator True Flip Enters the Slot Market with Chain’s Code - 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. True Flip, the blockchain fair games operator, has developed and launched its first slot game. Chain’s Code is available now at cc.trueflip.io with bets starting at 0.000020 BTC and up to 5 BTC as the Superprize. Costa Rica Chain’s Code features a single-line slot machine with a centralized play button for speed, ease of use and subs
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S. Korean Regulator Orders 12 Crypto Exchanges To Make Contracts More Consumer-Friendly

S. Korean Regulator Orders 12 Crypto Exchanges To Make Contracts More Consumer-Friendly

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Please share if you find this article interesting. S. Korean Regulator Orders 12 Crypto Exchanges To Make Contracts More Consumer-Friendly The South Korean Fair Trade Commission (FTC) informed 12 cryptocurrency exchanges that they must change their adhesion contracts – contracts created by an entity where the terms and conditions are non-negotiable to the customer – due to their current lack of customer protection, local news outlet Yonhap News reports today, April 4. The FTC reported that the contracts in their current form don’t allow users to withdraw their deposits, limit user services, and put the financial burden on users when they end their membership with the crypto exchange. South Korea, which is reportedly the world’s largest market for cryptocurrencies after the US and
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“I don’t want this” says Mt Gox CEO Mark Karpeles in Surprise ‘Ask-Me-Anything’ – Bitcoin News

“I don’t want this” says Mt Gox CEO Mark Karpeles in Surprise ‘Ask-Me-Anything’ – Bitcoin News

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Please share if you find this article interesting. "I don't want this" says Mt Gox CEO Mark Karpeles in Surprise 'Ask-Me-Anything' - Bitcoin News News On April 4, 2018, the notorious former CEO of the now defunct bitcoin exchange Mt Gox started an Ask-Me-Anything (AMA) post on the Reddit forum /r/bitcoin. Mark Karpeles (AKA Magical Tux) explained that he’s willing to answer questions concerning the controversial bankruptcy process that’s taking place in Japan within the Tokyo court system. Karpeles writes that he doesn’t want the remaining funds to be distributed to the Mt Gox company at all, but unfortunately due to bankruptcy laws in Japan, the exchange and its owners may end up with a large portion of the money. Also read: Trezor to Implement Bitcoin Cash Addresses Mark K
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Mt. Gox Ex-CEO Karpeles Says He ‘Doesn’t Want’ Leftover $1 Bln Post-Liquidation Funds

Mt. Gox Ex-CEO Karpeles Says He ‘Doesn’t Want’ Leftover $1 Bln Post-Liquidation Funds

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Please share if you find this article interesting. Mt. Gox Ex-CEO Karpeles Says He ‘Doesn’t Want’ Leftover $1 Bln Post-Liquidation Funds Defunct Bitcoin exchange Mt. Gox’s ex-CEO claimed in a statement April 4 that he “doesn’t want” the 160,000 BTC ($1.12 bln) that will be left after the exchange repays its creditors. As part of a Reddit Ask Me Anything (AMA) session Wednesday, Mark Karpeles said that he found the billion dollar windfall, which will come about as a result of Japanese bankruptcy procedures, to be “distasteful”. “The way bankruptcy law works [in Japan] is that if there are any assets remaining after the creditors have been paid in full, then those assets are distributed to shareholders as part of the liquidation,” he explained in introductory comments. “That's the
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Alibaba Sues Dubai ICO Over ‘Intentionally Misleading’ Use Of Its Brand

Alibaba Sues Dubai ICO Over ‘Intentionally Misleading’ Use Of Its Brand

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Please share if you find this article interesting. Alibaba Sues Dubai ICO Over ‘Intentionally Misleading’ Use Of Its Brand Chinese e-commerce giant Alibaba has sued the Dubai-based Alibabacoin Foundation for copyright infringement after the latter’s ICO initially raised $3.5 mln, Reuters reported April 2. According to court filings from the US District Court in Manhattan seen by the publication, Alibabacoin engaged in “prominent, repeated, and intentionally misleading” behavior using the company’s name. There is no relationship between Alibaba and the Alibabacoin Foundation, Alibaba clarified, reiterating that it is “not interested in moving into the cryptocurrency space.” In addition, speculation and misinformation resulting from the ICO in the media went unanswered by the Aliba
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ABC Developer Amaury Séchet on the Future of Bitcoin Cash – Bitcoin News

ABC Developer Amaury Séchet on the Future of Bitcoin Cash – Bitcoin News

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Please share if you find this article interesting. ABC Developer Amaury Séchet on the Future of Bitcoin Cash - Bitcoin News Interview At the bitcoin cash-focused Tokyo event, Satoshi’s Vision Conference, many movers and shakers and cryptocurrency luminaries got together with Bitcoin.com’s product manager Mike Malley to discuss on-chain scaling and spreading BCH adoption worldwide. During this particular video, Malley chats with Amaury Séchet (Deadalnix) the lead developer of Bitcoin ABC, and the man who revealed the August 1, 2017, hard fork to the world. Also Read: Testing Cryptocurrency Atomic Swaps With Barterdex Instant Confirmations and the Never Ending Scaling Debate In this Bitcoin.com broadcast our host, Mike Malley, talks about the future of bitcoin cash development
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Bitcoin’s Latest ”Crash” Is Nothing New – Bitcoin News

Bitcoin’s Latest ”Crash” Is Nothing New – Bitcoin News

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Please share if you find this article interesting. Bitcoin’s Latest ”Crash” Is Nothing New - Bitcoin News Markets and Prices The first quarter of 2018 is on record as the worst in bitcoin’s price history. Just shy of 115 billion USD in market capitalization has been erased. Nearly half of its price from the start of this year is gone. For those relatively new to the ecosystem, it might seem like the time to panic or at least cash out what’s left of their initial investments. As a recent visualization study by financial information aggregators howmuch.net shows, the world’s most popular cryptocurrency just might make a comeback.   Also read: Trezor to Implement Bitcoin Cash Addresses Bitcoin’s Recent Crash Is Familiar Territory for Veterans Howmuch.net recently published a vi
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Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth

Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth

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Please share if you find this article interesting. Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth The end of the first quarter of 2018 saw not only poor performances in the crypto market – which lost around 50 percent of total market cap – but also a poor second quarter start for the traditional markets, with the S&P 500 Index’s slump of 2.2 percent Monday, April 2 marking the lowest April start numbers since before the 1929 Great Depression, according to data from Bloomberg. The crypto markets poor performance during the first quarter can arguably be attributed to increasing regulation of the crypto-related sphere, while the traditional markets weak start to the second quarter has more direct political actions causing the decline. Founder of i