Please share if you find this article interesting. Wendy McElroy: Crypto - Civil Law Versus Common Law - Bitcoin News News The Satoshi Revolution: A Revolution of Rising ExpectationsSection 3: DecentralizationChapter 8, Part 1.Crypto: Civil Law Versus Common Law 2018 is the year in which cryptocurrency will be regulated. The questions are by whom and how? The two traditional answers have been civil law or common law. But there is a third alternative. Namely, preventive self-regulation, which can also be called simple decency. This is not a matter of law enforcement but of personal responsibility for your own behavior. It means being the adult in a room of children who are acting out. Regulation is coming because crypto is being defined as much by its abuses as by the benefit...
Please share if you find this article interesting. Zimbabwe’s Central Bank Bans Financial Institutions From All Crypto Dealings Zimbabwe’s central bank has recently banned dometic financial institutions from dealing with cryptocurrencies, local media outlet NewsDay reports today, May 12. According to the report, the Reserve Bank of Zimbabwe’s (RBZ) director and registrar of banking institutions Norman Mataruka issued a circular Friday ordering all financial institutions to terminate servicing cryptocurrency exchanges within 60 days and begin to liquidate existing crypto-related accounts. Financial institutions have been ordered to “ensure that they do not use, trade, hold and/or transact in any way in virtual currencies,” a move which applies to both businesses and individuals.
Please share if you find this article interesting. Bitcoin in Brief Saturday: “Social” Coins, Crypto Vending, Blockchain Mileage - Bitcoin News The Daily Reports suggest that Facebook may develop its own crypto. The plan is worth a mention, especially on the backdrop of the crypto ban imposed by the social media network. In Saturday’s Bitcoin in Brief, we also cover Telegram’s advance towards implementing its payment system using the Gram token. Some blockchain stories with beers and beamers complete today’s round-up. Also read: Bitcoin in Brief Friday: China Mulls Blockchain Standard, Zcash Fights Chinese ASICs Facebook Mulls Own Token, Reports Say Facebook is reportedly considering creating its own cryptocurrency. Sources familiar with the matter told the financial news ou
Please share if you find this article interesting. 5,000 Developers in India Ready to Work on Crypto Projects - Bitcoin News Technology According to a recent study, 5,000 Indian software developers currently have the skill sets to work on cryptocurrency and blockchain projects. 10,000 more developers can be easily trained but an additional 30,000 would require extensive training. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 5,000 Developers Qualified A recent study by HR company Belong shows that, out of an estimated two million software developers in India, about 0.25% of them have the skills to work on cryptocurrency and blockchain projects, the Times of India reported this week. The study was conducted on two million software developers over the last ye
Please share if you find this article interesting. Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K - Bitcoin News Markets and Prices Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins onto a fragile market struggling to recover. Also read: Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining Farms Gox Trustee to Flood Market with Over 8,000 Bitcoin The Tweets were unusually sure over the last three weeks
Please share if you find this article interesting. (Despite the Hard Fork and Historic Block Size increase, Bitcoin Cash is Spineless and dropping Like a Stone) Bitcoin Cash (BCH) Technical Analysis: May 12, 2018 Undoubtedly, the crypto market is fighting from an on-slaughter. Bears are baying for blood! Despite their May 15 hard fork, Bitcoin Cash isn’t finding any reprieve and so far it is down 20 percent week over week. In the last 24 hours alone, price erosion exceeds 15 percent. It might be a correction yes, but at the moment it a beautiful Picasso showing how Bitcoin Cash sellers are marauding, staking any attempts of bull pressure.From the NewsRoger Ver, the Crypto evangelist many Bitcoin Core supporters love to hate Unless a miracle happen, Bitcoin Cash shall end up with
Please share if you find this article interesting. How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 3 - Bitcoin News News 2 mins ago | By OP-ED - | 365 The following opinion piece was written by Jonald Fyookball. In parts 1 and 2 of How Bitcoin Cash …, we uncovered the important principles of community education and clarity. Now it is time to turn our attention to one of the most obvious things that went wrong in BTC — the centralization of protocol development. Also read: How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 2 How Bitcoin Cash Can Avoid Centralization Decentralization comes in many forms: decentralization of nodes, mining pools, wealth, and so on. One thing that was overlooked for a long time in Bitcoin BTC was that wh
Please share if you find this article interesting. SEC Commissioner Cautiously “Open” to Regulatory Sandbox for ICOs Regulation United States Securities and Exchange Commission (SEC) Commissioner, Hester Peirce, delivered a speech before the Medici Conference earlier this month discussing many issues pertinent to ICOs. Mrs. Peirce indicated that the SEC is open to discussion of developing a regulatory sandbox for ICOs, however, expressed a number of concerns surrounding the legislative model. The commissioner also warned of the potentially stifling effect of applying “blanket” classifications to the emerging field of cryptocurrencies. Also Read: Robinhood App Valued at $5.6 Billion – Now Available in 10 US States SEC Commissioner Welcomes Discussion of Regulatory Sandboxes C
Please share if you find this article interesting. Nvidia Reports $289 Million Revenue from the Crypto Sector in Q1 - Bitcoin News Mining Graphics card manufacturer Nvidia has announced its revenues for the first quarter, mentioning separately the amount generated from sales to the crypto market. The total includes $289 million related to GPUs for cryptocurrency mining, according to a corporate report. Demand from crypto miners was stronger than expected, the company noted. Also read: New Player Asrock Said to Enter the GPU Mining Market Crypto Miners Bought a Lot of GPUs, Nvidia CEO Reporting its financial results from a strong first quarter, Nvidia Corp. has revealed, in a separate box, the amount it generated from sales to the crypto sector – $289 million. According to
Please share if you find this article interesting. Irish University Study Calls For Government Action To Promote Blockchain In The Country The authors of a study at the National University of Ireland (NUI) Galway on the adoption of blockchain in Ireland, called on the government to promote the technology more broadly in the country, The Irish Times reported May 11. The study proposes recommendations to increase blockchain awareness and adoption, that can reportedly have a positive impact on economic growth and establish a basis for how the government and Irish organizations carry out business. Dr. Trevor Clohessy at NUI Galway, who led the research, called for government action to promote blockchain in Ireland through the development of a national initiative: “...Beyond business