BCH-Based Openswap Client Will Feature Trustless Atomic Swaps

On Friday, Dec. 14, Bitcoin Cash developer Mark Lundeberg announced his new project Openswap, a fork of the Electron Cash client that features atomic swap functionality. Lundeberg’s been working on the Openswap software for months and the tool can perform swaps between bitcoin cash (BCH) and BTC in a trustless fashion. Also read: Markets Update: Bears Continue to Drag Cryptocurrency Prices Down In-Wallet Atomic Swaps and Onchain Negotiations Mark Lundeberg has revealed a new project he’s been working on and has published the software’s open source framework. According to the developer,…

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Switzerland to Relax Laws to Accommodate Blockchain and Cryptocurrency Startups

The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy. Also read: How Bitcoin Companies can Legally Operate in Switzerland A Swiss Innovation Paradise According to the report, the Swiss Federal Council’s main focus is on “ensuring the integrity and reputation of Switzerland as a financial center” and on better positioning the country to “exploit the opportunities offered by digitalization.” The government’s…

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Monitor Bitcoin Cash Development With the Coin Dance Tracking Page

Cryptocurrency data website Coin Dance revealed on Friday the team’s revamped Bitcoin Cash protocol development tracking page. Interested proponents can get a comprehensive look at all the completed BCH developments, proposals, ideas that are being discussed, and concepts that are currently under development. Also read: Markets Update: Bears Continue to Drag Cryptocurrency Prices Down The Coin Dance Bitcoin Cash Protocol Development Tracking Page The analytical website Coin Dance has added a lot more detail to the site’s development section. The Bitcoin Cash protocol development tracking page expands upon a list…

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Cambridge University Study: Speculation of the Death of Bitcoin ‘Greatly Exaggerated’

Following news that verified crypto-user numbers doubled in the first three-quarters of 2018, the study by Cambridge University also concluded that the death of Bitcoin amid an 85% drop in price has been ‘greatly exaggerated’ by the media.  Cambridge University: Bitcoin Mining Diversifying Aside from the influx of new users, the report titled 2nd Global Cryptoasset Benchmarking Study reveals several other key findings from the analysis, notably: Diversification has increased, with a rise in cross-segment expansion, meaning 57% of companies now offer integrated services to customers. Multi-coin support has also increased, from 47% of service…

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Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018

Linkedin has published its 2018 “Emerging Jobs Report” for the United States, in which it names “Blockchain Developer” as the most rapidly emerging employment position of the past year. According to the report, the position saw growth of 33x on Linkedin’s platform during 2018. Also Read: Pantera Capital Braces for SEC Action Against 25 Percent of ICO Investments ‘Blockchain Developer’ Tops Linkedin Emerging Jobs Report The position of Blockchain Developer has topped Linkedin’s 2018 emerging jobs report, producing an astonishing 33x in growth according to the social media company. Blockchain Developer…

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Will Coinbase Hit Its 2018 Target of $1.3 Billion in Revenue?

The current crypto bear market is dragging on, with billions in cryptocurrency wealth wiped out in 2018. The trading volume of six year-old Coinbase has hit a yearly low. Despite the crypto winter, the company is continuing to raise funds and has reached an impressive valuation of $8 billion. But is this figure justified and will Coinbase meet the $1.3 billion in revenue it’s projected for 2018? Also read: Coinbase Opens the Door to More than 30 Cryptocurrencies Six-Year-Old Startup in an Uncertain Industry In 2017, Coinbase generated $923 million in…

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3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded expectations and even demonstrated an important decoupling from BTC. Cryptocurrencies PAL, WAVES, and TRX Decouple Even during the bear market, there were major events in many cryptocurrency projects. PAL, TRON, and WAVES all had major developments…

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Wendy McElroy: From Drugs to Gold and Prostitution, the Blockchain Minimizes Violence

The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 9 From Drugs to Gold and Prostitution, the Blockchain Minimizes Violence The most obvious objection to relying on self-defense…and restitution to prevent and rectify rights violations, is that these measures will be inadequate to deter criminals…Most people fail to appreciate the fundamental obstacles placed in the path of crime prevention by the perverse logic of public property, public law enforcement, and public imprisonment. Step one: start with public streets, sidewalks, and parks…

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The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Defines Cryptocurrency as Property

The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property.” Finally, according to a recent report, stablecoins have seen significant growth over the past few months. Also read: Crashing Crypto Trader Shares Advice, Bitcoin Bandit Extradited Japanese Regulator Renames Cryptocurrencies Japan’s Financial Services Agency (FSA) has decided to call all cryptocurrencies “crypto assets,” the country’s leading daily Yomiuri…

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President Trump Appoints Bitcoin Proponent as White House Chief of Staff

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology.  Mulvaney: New Acting Chief of Staff Mick Mulvaney, who’s currently the director of the US Office of Management and Budget (OMB), has been named Acting White House Chief of Staff and will reportedly assume the position at the end of the year.  He will be succeeding the post from John F. Kelly. “I…

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