Monday, September 24Your Daily Bitcoin & Altcoin News Portal
Dubai: Gold Trading Company Launches ‘World’s First’ Cold Storage Vault For Crypto

Dubai: Gold Trading Company Launches ‘World’s First’ Cold Storage Vault For Crypto

BITCOIN
Please share if you find this article interesting. Dubai: Gold Trading Company Launches ‘World’s First’ Cold Storage Vault For Crypto The Dubai Multi Commodities Center (DMCC) has given a gold trading company in Dubai the first cryptocurrency trading license in the Middle East, and the company has responded by launching the “world’s first” cold storage vault for crypto, according to a press release on the DMCC’s site. Regal RA DMCC, the company that received the crypto license, is a subsidiary of Regal Assets, which is a gold investment company. Ksenia Kiseleva, manager of the Dubai Regal Assets office, said that Regal RA is planning to apply for crypto licenses in other countries as well, and is currently developing an online trading platform for all crypto-commodities. Kiseleva
HashFlare
How a New Blockchain-Based Project is Trying to Build the New Internet

How a New Blockchain-Based Project is Trying to Build the New Internet

BITCOIN
Please share if you find this article interesting. How a New Blockchain-Based Project is Trying to Build the New Internet As Bitcoin led the way as the mainstream cryptocurrency after its inception in 2009, many ‘altcoins’ were founded on the basis of its success. They all claim to be superior in some way to the defacto most popular option. In this instance, Skycoin has taken it further and built a whole multi-layered project around their currency; claiming, in fact, to have ‘built the new Internet.’ “The world deserved a better cryptocurrency” The team says that in 2012 they decided the world ‘deserved a better cryptocurrency,’ and using Satoshi’s ‘original vision’ for Bitcoin (decentralized over thousands of computers), built a crypto with enhanced speed and security. Skycoin w
HashFlare
Litecoin Price Surges On News Of LTC-Fiat Payment Service And ‘Scam’ Hard Fork

Litecoin Price Surges On News Of LTC-Fiat Payment Service And ‘Scam’ Hard Fork

BITCOIN
Please share if you find this article interesting. Litecoin Price Surges On News Of LTC-Fiat Payment Service And ‘Scam’ Hard Fork Litecoin (LTC) outperformed all major cryptocurrency assets Wednesday, Feb. 14, jumping over 30 percent against the US dollar on combined LTC payment service and hard fork news. Having announced its intention to create a merchant solution for Litecoin similar to BitPay for Bitcoin in late 2017, a company called LitePay announced Monday, Feb. 12, that it would release the service on Feb. 26. “We started because the people asked (BitPay) to accept LTC. They wouldn’t, so we took the challenge,” the project explained in their tweet Monday. We started because the people asked @Bitpay to accept LTC. They wouldn’t, so we took the challenge. Infrastructure fo
HashFlare
Fork Confusion Propels Litecoin to 1-Month High Above $200

Fork Confusion Propels Litecoin to 1-Month High Above $200

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Fork Confusion Propels Litecoin to 1-Month High Above $200 Litecoin (LTC) is putting on a show today amid news a group of developers may seek to fork its blockchain, the fifth-largest by total value. The cryptocurrency was last seen changing hands at $216, a one-month high, according to data service CoinMarketCap. Overall, LTC has appreciated by 33 percent in the last 24 hours, up over 100 percent from the Feb. 6 low of $106.94. Further, with the move, litecoin's market capitalization has jumped above $10 billion for the first time since Jan. 29. Still, the reasons for the move may give investors pause. LTC appears to be edging higher due to news of an upcoming fork called "Litecoin Cash," which is promising new tokens to existin
HashFlare
Ripple Partners With Saudi Arabian Monetary Authority To Offer Pilot Program For Banks

Ripple Partners With Saudi Arabian Monetary Authority To Offer Pilot Program For Banks

BITCOIN
Please share if you find this article interesting. Ripple Partners With Saudi Arabian Monetary Authority To Offer Pilot Program For Banks Ripple has announced an agreement today, Feb. 14, with the Saudi Arabian Monetary Authority (SAMA) to provide support for Ripple’s cross-border payments technology to banks in the Kingdom of Saudi Arabia (KSA). SAMA and Ripple have created a pilot program to provide support to KSA banks to use xCurrent, Ripple’s enterprise software solution that enables banks to instantly settle cross-border payments with end-to-end tracking. The first of its kind to be launched by a central bank, the pilot program will allow participating KSA banks to use xCurrent for cross-border payment payments. SAMA will support KSA banks with a regulatory sandbox, program
HashFlare
Korean Government Answers Petition Against Unfair Cryptocurrency Regulations – Bitcoin News

Korean Government Answers Petition Against Unfair Cryptocurrency Regulations – Bitcoin News

BITCOIN
Please share if you find this article interesting. Korean Government Answers Petition Against Unfair Cryptocurrency Regulations - Bitcoin News Featured The South Korean government has officially responded to the popular petition, with over 20,000 signers, against unfair cryptocurrency regulations. The regulators defended their crypto measures and outlined additional regulatory plans. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Popular Petition Answered South Korea has answered the petition entitled “Has the government ever dreamed a happy dream for the people?” Filed on December 28, the one-month petition asks the government to avoid excessive regulations for cryptocurrencies in the country and “not make unfair regulations on virtual cu
HashFlare
Canadian Stock Exchange Launches ‘Fully-Regulated’ Token Funding Platform, ‘Unlike’ ICOs

Canadian Stock Exchange Launches ‘Fully-Regulated’ Token Funding Platform, ‘Unlike’ ICOs

BITCOIN
Please share if you find this article interesting. Canadian Stock Exchange Launches ‘Fully-Regulated’ Token Funding Platform, ‘Unlike’ ICOs The Canadian Securities Exchange (CSE) announced yesterday, Feb.13, that they will soon launch a securities clearing and settlement platform based on the Ethereum (ETH) Blockchain that lets companies raise capital with security tokens. According to the CSE announcement, companies using the Blockchain-based platform can issue Security Token Offerings (STO) to investors as a means to raise capital. Those issuing tokens via the CSE platform will “be subject to full regulation by applicable securities commissions”. The CSE positions their STOs to companies as an alternative to running an Initial Coin Offering (ICO), which the exchange misleadingl
HashFlare
Bitcoin Mining Costs More Electricity Than Houses, But it’s a Non-Issue

Bitcoin Mining Costs More Electricity Than Houses, But it’s a Non-Issue

BITCOIN
Please share if you find this article interesting. Bitcoin Mining Costs More Electricity Than Houses, But it’s a Non-Issue Analysts are concerned that Bitcoin and cryptocurrency mining centers are spending too much electricity, and that the process of verifying cryptocurrency transactions could worsen the global environment. Justification of mining in Bitcoin and cryptocurrencies In December 2017, several analysts criticized the electricity consumption of Bitcoin and cryptocurrency mining centers, calling the mining process an “environmental disaster.” Earlier Cointelegraph reported that cryptocurrency mining will likely exceed electricity consumption of households in 2018. Smari McCarthy of Iceland's Pirate Party stated that excessive consumption for Bitcoin mining is not practi
HashFlare
Bitcoin Sees Bull Reversal Ahead of Chinese New Year

Bitcoin Sees Bull Reversal Ahead of Chinese New Year

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Sees Bull Reversal Ahead of Chinese New Year Bitcoin looks set to test the $10,000 mark soon, as per technical analysis, although some investors fear the Lunar New Year may play spoilsport. Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends to drop in the run-up to the event. Boosting such fears this year is bitcoin's (BTC) recent inability to move above $9,000 in a convincing manner. Since Feb. 10, the cryptocurrency has been restricted to a narrow range of $8,000 to $9,000, shows CoinDesk's Bitcoin Price Index (BPI). Still, historical data indicates the probability of bitcoin reporting gains this month ...
HashFlare
S. Korea Responds To Public Petition: No Crypto Trading Ban, But Gov’t ‘Still Divided’

S. Korea Responds To Public Petition: No Crypto Trading Ban, But Gov’t ‘Still Divided’

BITCOIN
Please share if you find this article interesting. S. Korea Responds To Public Petition: No Crypto Trading Ban, But Gov’t ‘Still Divided’ South Korea’s government said its regulatory course on cryptocurrencies is aiming to “prevent any illegal acts or uncertainties” in fresh comments Wednesday, Feb. 14. Quoted by various media outlets, the country’s minister of the office for government policy coordination Hong Nam-ki released a statement in response to last month’s public petition against harsh regulation or an outright ban on cryptocurrency trading. The petition, posted on the site of the South Korean presidential office, has to date gathered over 200,000 signatures. The government is obliged to respond to a petition that gathers over 200,000 within 30 days. “The government’s b