Monday, August 26Your Daily Bitcoin & Altcoin News Portal
Developer Amaury Séchet Discusses the Values of Bitcoin ABC Development – Bitcoin News

Developer Amaury Séchet Discusses the Values of Bitcoin ABC Development – Bitcoin News

BITCOIN
Developer Amaury Séchet Discusses the Values of Bitcoin ABC Development - Bitcoin News Interview Over the past two months, the Bitcoin Cash network has been trucking along and currently holds the fourth largest cryptocurrency market capitalization. Recently news.Bitcoin.com covered the project’s current Emergency Difficulty Adjustment (EDA) and the discussions concerning the future of the network’s difficulty change. This week we spoke with the lead developer of the Bitcoin ABC client, Amaury Séchet, and discussed his vision of the Bitcoin Cash protocol and thoughts on the EDA solution. Also read: Remittance Startup Bitspark Drops Bitcoin Over Network Fees Bitcoin ABC Development: ‘Upholding Values and Achieving the Mission’ At the time of writing the Bitcoin Cash (BCH) network
CryptoGirl
PBOC Director of Digital Currency Research Institute Advocates State-Issued Cryptocurrency

PBOC Director of Digital Currency Research Institute Advocates State-Issued Cryptocurrency

BITCOIN
PBOC Director of Digital Currency Research Institute Advocates State-Issued Cryptocurrency Regulation The Director of The People’s Bank of China’s (PBOC) Digital Currency Research Institute, Yao Qian, has announced his determination that the issuance of a state-owned digital currency is necessary in order to “fundamentally guarantee the market position of… [China’s] currency”, as reported by Chinese media outlet, Yicai. Also Read: Virtual Currencies Expected to Be Regulated in China on October 1st The Director of China’s Digital Currency Research Institute Has Spoken in Favor of Issuing a State-Backed Virtual Currency Speaking at a meeting hosted by the International Telecommunication Union on October 12, Qian emphasized the potential benefits that China could reap through iss
CryptoGirl
Big Name Investors Voicing Bitcoin Optimism Are Louder Than Negative Colleagues – Bitcoin News

Big Name Investors Voicing Bitcoin Optimism Are Louder Than Negative Colleagues – Bitcoin News

BITCOIN
Big Name Investors Voicing Bitcoin Optimism Are Louder Than Negative Colleagues - Bitcoin News Finance Bitcoin’s price is on a tear in 2017, and it’s hard not to notice the decentralized currency’s spectacular run this year. As the value climbed to new heights this October, surpassing $5800 per BTC across global exchanges, many well-known investors have stated this month that they believe bitcoin’s future will be very bright from here on out. Also read: Judge’s Decision to Delay Bitlicense Hearing Considered a ‘Positive Step’ Despite the Words of Jamie Dimon, Big Name Investors Believe Bitcoin Has a Bright Future Big name investors and billionaires are talking about bitcoin a lot these days. However, the JP Morgan CEO, Jamie Dimon, has decided to stop talking about bitcoin, for
CryptoGirl
Jamie Dimon Breaks One-Day Silence to Call Bitcoin Investors Stupid

Jamie Dimon Breaks One-Day Silence to Call Bitcoin Investors Stupid

BITCOIN
Jamie Dimon Breaks One-Day Silence to Call Bitcoin Investors Stupid Jamie Dimon is finding it difficult to ignore Bitcoin. A day after stating that he would not talk about Bitcoin, he breaks his silence to emphasize that stupid bitcoin investors will pay the price. The Greater Fool Theory The central theme of Jamie Dimon’s renewed attack on Bitcoin is that it is a bubble, where the underlying asset has no value. So although certain people will profit because they manage to sell their Bitcoin to late investors (the 'greater' fools), the end result will definitely be a crash. The oft-repeated comparison with the Tulip Mania was made to support his point. I don't personally understand the value of something which has no actual value.... A lot of the buyers out there are jazzing up eve
CryptoGirl
Exchanges Implement Low-Cost Voting to Determine Which ICO Tokens to List

Exchanges Implement Low-Cost Voting to Determine Which ICO Tokens to List

BITCOIN
Exchanges Implement Low-Cost Voting to Determine Which ICO Tokens to List The post-ICO success of many tokens is dependent on whether, and how quickly, they can be added to exchanges. Tokens that previously traded only on informal over-the-counter markets can see big surges in price when listed on an exchange. Therefore, there is a great deal of pressure on the founders of ICO-funded projects to list their tokens on digital currency exchanges so as to increase the tokens’ value and provide investors with a potential exit. Yet there are a number of complexities in the process. There are far too many tokens seeking to be listed, and there’s no way that any exchange can keep up with every new ICO. Exchanges must be somewhat selective in order to keep from being overwhelmed. They often
CryptoGirl
Nordic Law Firm Now Accepts Bitcoin Payments – Bitcoin News

Nordic Law Firm Now Accepts Bitcoin Payments – Bitcoin News

BITCOIN
Nordic Law Firm Now Accepts Bitcoin Payments - Bitcoin News Services A Finland-based law firm, Nordic Law, made an announcement Thursday they would begin accepting bitcoin payments for legal services rendered. Specializing in business and law, the firm recognized their clients’ needs for leveraging alternative forms of payment.  Also read: Remittance Startup Bitspark Drops Bitcoin Over Network Fees The company blog explains: “We have received several inquiries from foreign clients regarding payments in form of bitcoins and whether we accept such payments. We have also for a long time assisted various domestic entities active within the virtual currency markets. We have especially assisted in legal questions pertaining to tax issues. In that regard, we have had an opportunity to
CryptoGirl
Blockchain Could Reduce Waste, Save US State Department Billions

Blockchain Could Reduce Waste, Save US State Department Billions

BITCOIN
Blockchain Could Reduce Waste, Save US State Department Billions US Deputy Secretary of State John Sullivan is encouraging the Department and its partners in the private sector to seriously study the possible integration of Blockchain technology into the agency’s operations. He proposed that the technology should be used to advance the agency’s diplomacy and development objectives. Sullivan gave his speech before members of other government agencies, private sector, and non-governmental organizations at the [email protected] forum in Washington, D.C. on Oct. 10. He even suggested that the technology could become part of the major department overhaul being proposed by Secretary of State Rex Tillerson. This restructuring aims to save up to $10 bln over five years. "This forum has impl
CryptoGirl
Cryptocurrencies Expected to Cause “Massive Disruption” – IMF Managing Director

Cryptocurrencies Expected to Cause “Massive Disruption” – IMF Managing Director

BITCOIN
Cryptocurrencies Expected to Cause "Massive Disruption" - IMF Managing Director News The managing director of the International Monetary Fund (IMF), Christine Lagarde has again addressed the topic of bitcoin and cryptocurrency. At a recent IMF event, Lagarde told reporters that virtual currencies will comprise the catalyst for “massive disruptions” within the financial markets and fintech industries. Also Read: IMF Chief Lagarde Tells Central Bankers: “Not Wise to Dismiss Virtual Currencies” The IMF Has Been Paying Close Attention to Bitcoin and Cryptocurrencies Speaking at the IMF Annual Meetings in Washington D.C., Lagarde warned financial institutions that “we are about to see massive disruptions” as a result of cryptocurrency and distributed ledger technologies. The IMF he
CryptoGirl
Zenapay Latest PoS Bitcoin Solution to Enter Projected $50 Billion Cannabis Market – Bitcoin News

Zenapay Latest PoS Bitcoin Solution to Enter Projected $50 Billion Cannabis Market – Bitcoin News

BITCOIN
Zenapay Latest PoS Bitcoin Solution to Enter Projected $50 Billion Cannabis Market - Bitcoin News Services US cash-intensive cannabis businesses (420s) are looking for ways to meet customer demand while struggling under federal prohibition. Cryptocurrencies are increasing in popularity with 420s, and now Zenapay is entering the market with its own bitcoin solution. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Cannabis Cash The US states comprising its contiguous west, if outliers include Alaska and Nevada, is home to fifty-two million people. That is an enormous market. They also happen to be the bulk of states that have legalized cannabis for personal use, medicinal use, and sale. Tension arises between all such states and the federal governmen
CryptoGirl
BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support

BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support

BITCOIN
BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support Mexican Bitcoin exchange BitMEX has said it will not support SegWit2x “even if the SegWit2x chain has the majority hashrate.” In comments markedly different to this week’s other notice from Xapo on the forthcoming hard fork, BitMEX confirmed it would not deal in rival Bitcoin chains under any circumstances. This, it says, is because SegWit2x “does not include two-way transaction replay protection, enabled by default.” “Therefore BitMEX will not be able to support SegWit2x,” the announcement states. “As such, BitMEX will not support the distribution of B2X, nor will BitMEX be liable for any B2X sent to us.” The exchange requests customers looking to receive 2x coins to withdraw their Bitcoin holdings from their accoun