Monday, December 17Your Daily Bitcoin & Altcoin News Portal
Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote

Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote

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Please share if you find this article interesting. Crypto Valley’s Zug to Run Switzerland’s First Blockchain-Based Municipal Vote The Swiss city of Zug will conduct a blockchain-powered trial municipal vote this summer, local media outlet Swissinfo.ch reported June 8. The event, which is scheduled to take place between June 25 and July 1, will reportedly be Switzerland’s first municipal vote using blockchain. According to the report, the upcoming trial vote will implement the city’s digital ID (eID) system that was launched in November 2017. The system will allow citizens to vote via their mobile devices. Apart from voting on minor municipal matters, citizens will also be asked if blockchain-based eID system should be used for referendum votes in the future. Since the upcoming vo
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Colombian Banks Close All Accounts of S. American Crypto Exchange Buda

Colombian Banks Close All Accounts of S. American Crypto Exchange Buda

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Please share if you find this article interesting. Colombian Banks Close All Accounts of S. American Crypto Exchange Buda Colombian banks closed all the accounts of South American crypto exchange Buda.com, local news outlet Diario Bitcoin reported June 8, citing an email the company sent to its clients. According to the email, the move was spontaneous, the banks confirming that the accounts had been closed without providing further explanation. The crypto exchange reported soon after the news that it was experiencing technical difficulties, but would fully resume services June 13.   Buda’s Colombian CEO Alejandro Beltran confirmed the situation to local industry media Cripto247. He also named the three banks that blocked Buda’s accounts: Bancolombia, BBVA and Davivienda. Cripto 2
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South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency – Bitcoin News

South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency – Bitcoin News

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Please share if you find this article interesting. South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency - Bitcoin News Finance The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is contemplating how to best cash out its recently-acquired cryptocurrency. As part of a criminal case, the government has seized 191.32333418 BTC belonging to “Ahn,” the convicted operator of a porn site. The country’s Supreme Court recently judged that cryptocurrency is a property that the gov
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Paid in Bitcoin? Learn How to Survive Off a Crypto-Income – Bitcoin News

Paid in Bitcoin? Learn How to Survive Off a Crypto-Income – Bitcoin News

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Please share if you find this article interesting. Paid in Bitcoin? Learn How to Survive Off a Crypto-Income - Bitcoin News Economics Cryptocurrencies have become very popular, and over the past few years, and due to new applications and infrastructure they’ve become easier to spend compared to the early days. Nowadays, individuals are starting to be paid for their services in cryptocurrencies like bitcoin cash or other digital assets, and living off of cryptocurrencies is the next step towards having a stress free crypto-based income. Also read: Ledger Nano S Review: Can This $65 Device Top Trezor? Living Off a Crypto-Income Today we’re going to talk about people being paid in cryptocurrencies, and how to maintain the same lifestyle you did when you were being paid in fiat
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Wendy McElroy: A Dazzling Explosion of Spontaneous Order – Bitcoin News

Wendy McElroy: A Dazzling Explosion of Spontaneous Order – Bitcoin News

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Please share if you find this article interesting. Wendy McElroy: A Dazzling Explosion of Spontaneous Order - Bitcoin News News The Satoshi Revolution: A Revolution of Rising ExpectationsSection 3: DecentralizationChapter 8, Part 5Crypto: A Dazzling Explosion of Spontaneous Order “Our civilization depends, not only for its origin but also for its preservation, on what can be precisely described only as the extended order of human cooperation, an order more commonly, if somewhat misleadingly, known as Capitalism.” —Friedrich Hayek, The Fatal Conceit Cryptocurrency brings order to the monetary realm. It may seem like chaos because the word “order” is often used as a synonym for “uniformity.” Lines of military march in tandem across a parade field, or an entire industry runs by
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Fifth Largest Cryptocurrency EOS’ Blockchain Set to Launch

Fifth Largest Cryptocurrency EOS’ Blockchain Set to Launch

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Please share if you find this article interesting. Fifth Largest Cryptocurrency EOS’ Blockchain Set to Launch The EOS blockchain is set to launch today, June 9, according to the results of a live-streamed vote that took place yesterday, June 8. Candidates to become the EOS blockchain’s so-called “Block Producers” – the equivalent of miners on the Bitcoin blockchain – voted “Go” in their latest voting session to make the EOS mainnet go live at 1:00pm UTC today. The community has yet to confirm that a successful launch has taken place as of press time. EOS LAUNCH IS A GO! The blockchain will launch at 1300 UTC Saturday. GO EOS!! #eosio #blockchain #cryptocurrency — EOS Go (@go_eos) June 9, 2018 The news comes a week after EOS’ creator, blockchain software developer Block.one, rele
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Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies – Bitcoin News

Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies – Bitcoin News

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Please share if you find this article interesting. Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies - Bitcoin News Regulation The Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Approved Cryptocurrencies The Thai Securities and Exchange Commission (SEC) announced on Friday the details of the country’s cryptocurrency and initial coin offering (ICO) regulations. The measures were approved at the regulator’s June 7 meeting and are expected to go into effect later on this month, according to l
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Bitcoin in Brief Saturday: Switzerland Votes on “Sovereign Money” Referendum, Russian Banker Warns Against Crypto Ban – Bitcoin News

Bitcoin in Brief Saturday: Switzerland Votes on “Sovereign Money” Referendum, Russian Banker Warns Against Crypto Ban – Bitcoin News

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Please share if you find this article interesting. Bitcoin in Brief Saturday: Switzerland Votes on “Sovereign Money” Referendum, Russian Banker Warns Against Crypto Ban - Bitcoin News The Daily Swiss voters will decide this Sunday whether to turn back on fractional-reserve banking and support a “sovereign money” concept for the nation’s finances. Proponents of the initiative prescribe deeper centralization to remedy the shortcomings of the traditional financial system – a vision quite different from the decentralization that came with cryptocurrencies like bitcoin, following the 2008 global financial crisis. In today’s Bitcoin in Brief, we also cover a statement by a prominent Russian banker who warns that tight crypto regulations would hamper the development of blockchain t
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PR: Ontology Launches Ecosystem Accelerator – Ontology Olympus Accelerator (OOA) – Bitcoin News

PR: Ontology Launches Ecosystem Accelerator – Ontology Olympus Accelerator (OOA) – Bitcoin News

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Please share if you find this article interesting. PR: Ontology Launches Ecosystem Accelerator – Ontology Olympus Accelerator (OOA) - 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. Ontology, a new high-performance public multi-chain project and a distributed trust collaboration platform, announced the Ontology Olympus Accelerator (OOA). The program invites technology and product experts across fields to collaborate in entrepreneurship and build new distributed business applications based on Ontology’s next-gene
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China As a Prime Example of “Blockchain Before Bitcoin” Policy

China As a Prime Example of “Blockchain Before Bitcoin” Policy

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Please share if you find this article interesting. China As a Prime Example of “Blockchain Before Bitcoin” Policy Last week, China’s president Xi Jinping took Blockchain-oriented domestic politics to another level: the country’s leader mentioned blockchain as “a part of technological revolution”. The sentiment was then picked up by China’s largest TV broadcaster, as the viewers were told that “the value of blockchain is 10 times that of the internet”. Besides the high praises coming from the top of the state, there’s action, too: in the past few days, Chinese central bank developed a system to issue blockchain-based checks instead of paper ones, while Alibaba-affiliated insurtech firm promoted blockchain use in healthcare industry. Here’s how China got there, and how state-suppor