Friday, November 22Your Daily Bitcoin & Altcoin News Portal
US Marshals Service To Sell Nearly $25 Mln Worth Of Seized Bitcoin At Auction

US Marshals Service To Sell Nearly $25 Mln Worth Of Seized Bitcoin At Auction

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Please share if you find this article interesting. US Marshals Service To Sell Nearly $25 Mln Worth Of Seized Bitcoin At Auction The US Marshals Service has announced that it will be auctioning off approximately 2,170 Bitcoins seized in the course of various federal criminal, civil, and administrative cases, a press release stated March 5. The auction will take place on March 19, 2018 from 8 a.m. to 2 p.m. EDT. Bidders who wish to participate must fulfill the registration requirements by noon EDT March 14, complete with a $200,000 deposit. The bitcoins will be offered in 14 different blocks: two blocks of 500 BTC, 11 blocks of 100 BTC, and one block of approximately 70 BTC. Winning bidders will be notified privately the same day as the auction. The range of cases from which the b...
Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate – Bitcoin News

Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate – Bitcoin News

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Please share if you find this article interesting. Korea’s Mandatory Crypto Real-Name System Neglected - 19% Conversion Rate - Bitcoin News Regulation South Korea’s real-name system for cryptocurrency trading has been enforced for over a month, but most accounts have not been converted to the new system. Banks are still not converting accounts for most crypto exchanges and the government will not force them or investors to use the new system. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten After 1 Month – 19% Conversion Rate One month after the implementation of the government-mandated real-name system, the conversion rate of virtual accounts from the old system to the real-name system in South Korea is only 19%, No Cut News daily newspaper reported. “
Ripple CEO Talks Liquidity And Regulation: Ultimately Governments Aren’t Going Away

Ripple CEO Talks Liquidity And Regulation: Ultimately Governments Aren’t Going Away

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Please share if you find this article interesting. Ripple CEO Talks Liquidity And Regulation: Ultimately Governments Aren’t Going Away Brad Garlinghouse, CEO of Ripple — a US-based payment network and protocol company — spoke with Cointelegraph at the Blockchain Connect conference in San Francisco earlier this year about what problems Ripple can solve in the global marketplace, and the company’s approach to government regulation and traditional finance. Garlinghouse, a Harvard Business School graduate, previously worked at various positions at Yahoo!, including Senior Vice President, and AOL, where he was President of Consumer Applications. Garlinghouse has also served on the board of Ancestry.com, Tonic Health, and Animoto. Ripple, whose native currency is XRP, has partnered wit
Ripple Soars Then Plunges off Coinbase Rumors – Again – Bitcoin News

Ripple Soars Then Plunges off Coinbase Rumors – Again – Bitcoin News

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Please share if you find this article interesting. Ripple Soars Then Plunges off Coinbase Rumors – Again - Bitcoin News Altcoins In times of economic uncertainty, bitcoin flourishes. In times of high fees, litecoin prospers. And in times of Coinbase rumors, ripple shines. Today was one such day. In a repeat of December, January, and every other month, XRP has been linked with Coinbase, the altcoin rose rapidly in value on March 5…only to sink once the U.S. exchange debunked those rumors. Also read: BTC Transaction Volume Reaches Two-Year Low Ripple Does a Ripple In the movie Groundhog Day, weatherman Phil Connors, played by Bill Murray, is forced to relive the same day over and over until he finally learns to get his affairs in order. Ripple fans seem to be stuck in their ve
Liberty Con 2018 Brings Freedom and Bitcoin to Washington DC – Bitcoin News

Liberty Con 2018 Brings Freedom and Bitcoin to Washington DC – Bitcoin News

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Please share if you find this article interesting. Liberty Con 2018 Brings Freedom and Bitcoin to Washington DC - Bitcoin News Promoted On March 2-4 the international pro-liberty nonprofit, Students For Liberty, hosted a three-day conference called Liberty Con, an event that aims to “to educate, develop, and empower the next generation of leaders of liberty.” In addition to the many ideas that promote freedom attendees got a taste of cryptocurrency from the Bitcoin.com booth alongside a 45-minute debate about the legitimacy of bitcoin between Bitcoin.com’s communications ambassador and the well-known precious metals advocate and economist Peter Schiff. Also read: Markets Update: Crypto Markets Continue to Spike Higher Libertycon Attendees Learn About the Free Market Benefits
Auto Giant Behind Mercedes-Benz Launches Crypto Coin To Reward Eco-Friendly Driving

Auto Giant Behind Mercedes-Benz Launches Crypto Coin To Reward Eco-Friendly Driving

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Please share if you find this article interesting. Auto Giant Behind Mercedes-Benz Launches Crypto Coin To Reward Eco-Friendly Driving Germany-headquartered car manufacturing giant Daimler AG, famous for its Mercedes-Benz and Smart brands, presented its own Blockchain-based digital currency MobiCoin at the Mobile World Congress 2018 in Barcelona, Cointelegraph auf Deutsch reported on March 5.   The project, which started in February 2018, was created to reward drivers for environmentally-friendly driving habits, i.e. smooth and safe driving at low speeds. The project will be in its testing phase for the next three months, during which 500 drivers who follow eco-friendly driving practices will be rewarded with MobiCoins. According to Cointelegraph auf Deutsch, data from the vehicl
GE Transportation Joins Global Blockchain Trade Association

GE Transportation Joins Global Blockchain Trade Association

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Please share if you find this article interesting. GE Transportation Joins Global Blockchain Trade Association GE Transportation, a global supplier of railroad, mining, marine, drilling, and energy generation equipment, announced that it joined the Blockchain in Transport Alliance (BiTA) in a press release published March 1. The trade association consists of more than 230 participants including UPS, FedEx, Penske Logistics, and Warren Buffet’s BNSF Railway, with a collective revenue exceeding $1 trillion, according to the GE Transportation blog post. According to their website, BiTA formed in 2017 to implement and develop Blockchain technology in the transport and logistics industries. Craig Fuller, Managing Director of BiTA noted that GE Transportation has always been “on the fo
Inspired By Venezuelan Petro, Cambodia May Issue A National Cryptocurrency

Inspired By Venezuelan Petro, Cambodia May Issue A National Cryptocurrency

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Please share if you find this article interesting. Inspired By Venezuelan Petro, Cambodia May Issue A National Cryptocurrency Following last month’s launch of the Venezuelan government-backed Petro coin, Cambodia is considering launching its own crypto project named Entapay, a press release for the Association of Southeast Asian Nations (ASEAN) Blockchain Summit reported March 2. The Blockchain Summit, which will be held in Phnom Penh on March 7, describes Entapay as a project based on the “quantum entanglement” of security and encryption, writing that it will use Blockchain technologies to create a fast and secure user experience. According to the press release, Entapay is “expected to become the connection between integration payment of encrypted currency and the real world”:
Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees

Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees

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Please share if you find this article interesting. Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees Bitcoin’s sideways price action has led to the lowest number of confirmed transactions per day since March 2016, according to Blockchain.info. Data shows BTC transactions falling in line with downward trends in price since the all-time highs of December 2017. The number of transactions reached a two-year low on Feb. 26 with only 180,000 confirmed transactions, while Sunday, March 4 saw just 195,500. The slump comes at a time when Bitcoin struggles to regain the sky-high USD value it achieved late last year, when it reached $20,000 on some major exchanges. Despite the release of support for Segregated Witness (SegWit) technology by Bitcoin Core and exchanges C
What is Tinkering in Bitcoin Core’s Toolbox?

What is Tinkering in Bitcoin Core’s Toolbox?

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Please share if you find this article interesting. What is Tinkering in Bitcoin Core’s Toolbox? Even though SegWit was released on August 1, 2017, it is only in the last few weeks where there has been a genuine uptick and adoption of the scaling upgrade. To this end, Bitcoin Core v0.16.0 was released announcing full support for SegWit. As SegWit gets adopted by more exchanges, and more transactions start to be happen with SegWit addresses, those who have contributed to Bitcoin’s development in the past are already getting excited about the next few upgrades in the pipeline. Of course, many will be thinking that the Lightning Network is what will really be hitting the headlines in the next few months as it gains more traction. Some Bitcoin Developers and contributing developers, a