Viabtc CEO Proposes BCH Organization to Establish Standards

On August 31 the CEO of the firm Viabtc, Haipo Yang, published a blog post proposing the establishment of a standardization organization like the World Wide Web’s W3C consortium. Haipo Yang wants to start a similar group called the Bitcoin Cash Standard Organization (BCSO) in order to create standards and achieve better transparency when it comes to BCH consensus proposals. Also read: How to Monitor the BCH Stress Test and Get Involved Viabtc’s Haipo Yang Proposes to Initiate a Standardization Group Called the Bitcoin Cash Standard Organization Viabtc CEO Haipo Yang.…

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Ethereum Price and Usage Disappoint Despite ETH Futures Rumors

CBOE could launch Ethereum (ETH) futures by the end of 2018 if US regulators approve its product, anonymous sources told Business Insider August 30. ‘Getting Comfortable’ CBOE, which launched pioneering Bitcoin futures in December last year, is currently waiting while the Commodity Futures Trading Commission (CFTC) to “get comfortable with the product before its official launch,” the publication reported citing “people familiar with the matter.” The news comes amid a continued downturn in ETH’s fortunes, with Ethereum price 00 battling lows not seen for almost a year. Should the rumored futures…

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Kiev’s Bessarabsky Market Accepts Cryptocurrencies for Groceries

Bessarabsky market, a landmark of Ukraine’s capital, is introducing crypto payments. Fruits and vegetables are already sold for a number of cryptocurrencies including bitcoin cash (BCH). The initiative to offer the alternative payment option aims to show how simple it is to use cryptocurrency in everyday life.   Also read: New Bill Clarifies Crypto Taxation in Poland BCH and BTC Accepted for Fruits and Vegetables Kiev’s historic Bessarabsky market, an indoor marketplace located in the center of the capital city, is accepting cryptocurrencies, the public communal company that operates it…

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August 2018 Volume Rankings Report: ETC and Dash Top Ten

During August, the monthly volume posted by the majority of leading cryptocurrency markets continued to decline. Despite such, the ETC and Dash markets again defied the trend to post an increase in trade volume, with XRP also bucking the downward trend this month. Also Read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Top 5 Most Traded Cryptocurrency Markets Posts Month-Over-Month Decline in Volume Trade volume for BTC pairings declined by 5.34% during August – falling from $131 billion USD last month to $124 billion during the last thirty…

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Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency

Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts. The situation mirrors the case across much of Venezuela amidst a slew of financial troubles. Reuters’ Brian Ellsworth noted the following: It turns out that Venezuela’s Petro is hard to spot almost anywhere. Over a period of…

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A Complete A-Z of Stablecoins

Stablecoins have proliferated this year, so much so that it’s been hard to keep track of them all. In a bid to remedy that, news.Bitcoin.com has compiled a list of all stablecoins that are currently tradable – plus several others that are on their way. This is the ultimate A-Z of stablecoins. For now, at least. Also read: An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend B is for Basis Basis, formerly known as Basecoin, is the hottest new stablecoin in town. It’s attracted investment from all the usual…

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‘Totalitarian’ – Antonopoulos Slams India’s Identity-Based Digital Currency Plans

Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy. “Centralized digital cash, backed by centralized identity, in a country that has demonstrated dangerous authoritarianism when it comes to currency,” he summarized. (1.3 billion) people…

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Wormhole Developers Address Rumors Concerning Protocol Security

On August 1 news.Bitcoin.com reported on the Wormhole project and the BCH burned to create Wormhole Cash (WHC) tokens. Since then there’s been a lot happening in the BCH environment, and Wormhole developers have felt the need to address the public with a statement concerning rumors spreading regarding the security of the protocol. The Wormhole creators “welcome any constructive suggestions,” but “find no real evidence” to the recent rumors. Also read: How to Monitor the BCH Stress Test and Get Involved Wormhole Developers Address Circulating Concerns and Rumors Over the last few weeks…

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The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of Downloads

Cboe is getting closer to launching ether futures and we’ve covered the report in The Daily. Also, Brave has reported 10 million downloads of the Android version of its privacy-oriented browser, the Russian telecom regulator says it would unban Telegram if the messenger follows court orders, and IOTA Foundation has released its Trinity desktop wallet app in beta. Also read: Huobi Nears Backdoor Listing, Musk Still Loves Scambots Report: Cboe to Launch Ether Futures in 2018 The US-based exchange behind the first bitcoin (BTC) futures, Cboe Global Markets, is now…

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160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

Japan’s top financial regulator has revealed exclusively to news.Bitcoin.com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Three Quasi-Operators Are Left Cryptocurrency exchanges in Japan are licensed by the country’s top financial regulator, the Financial Services Agency (FSA). The FSA has licensed 16 crypto exchanges so far. In addition, it has allowed 16 more companies, including Coincheck,…

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