Bitcoin Ownership Hits 9% In UK, YouGov Survey Reveals

Over 90 percent of UK residents have now heard of Bitcoin and up to 9 percent of some demographics own it, an upbeat new survey revealed November 7. 21 Percent See Bitcoin Being As Common As Fiat The findings by market research agency YouGov paint a surprisingly positive picture of consumer attitudes towards the largest cryptocurrency, coming despite a year-long bear market and associated media criticism. While the largest section of the respondents described their knowledge of Bitcoin as “not very” good, over one-fifth foresee its usage becoming as common…

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Minecraft-Like Platform Craft.cash Brings a 3D World to Bitcoin Cash

On Oct. 8, a new application was introduced to the Bitcoin Cash (BCH) community called Craft.cash, a BCH-powered onchain platform that’s similar to the popular block building game Minecraft. According to the development team called Blockparty, the Craft.cash game allows anyone to encode colorful voxel data into the three-dimensional world using op-return outputs stemming from BCH transactions. Also read: Latest Release of Badger Wallet Supports SLP and Wormhole Tokens Craft.cash: An Artistic Voxel Block World Stored Within the Bitcoin Cash Blockchain There’s a new voxel-playground available for Bitcoin Cash users called…

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Korean Lawyers Lobby Government to Pass Several Cryptocurrency Laws

The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lawyers Press Government for Crypto Laws The Korean Bar Association on Thursday lobbied the government “to quickly establish a legal framework to help develop the blockchain-based virtual currency industry and protect investors,” Reuters reported. “It…

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Latest Release of Badger Wallet Supports SLP and Wormhole Tokens

On Wednesday, Nov. 7, the developers of the Badger Wallet announced the team had released Badger version 0.0.7, the first bitcoin cash wallet that supports sending and receiving both Wormhole and Simple Ledger Protocol tokens. Additionally, the wallet’s latest release includes a decentralized application programming interface (API), alongside Cash-ID authentication abilities. Also read: Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels Badger Wallet Now Supports Multiple Token Protocols During the first week of October, a group of Bitcoin Cash (BCH) developers from the organizations Spendbch, Bitbox, 21st Century…

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Bakkt Launch Next Month May Not End Bear Market

Intercontinental Exchange’s “regulated ecosystem” for Bakkt should launch December 12, but “lingering concerns” remain, industry figures warn this week. ‘Lingering Concerns’ Over Long-Term Plans In a series of tweets, securities lawyer and regular social media commentator Jake Chervinsky summarized the gaps in public knowledge about Bakkt, which is still awaiting regulatory permission to begin operations. “In the minds of many, Bakkt’s launch has become a full-fledged narrative for when & how the bear market will end,” he wrote. “[…] Hype aside, some people have lingering concerns about Bakkt.” 0/ @Bakkt plans…

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PR: Volentix Introduces a Digital Assets Ecosystem DAE

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. The Volentix digital assets ecosystem is composed of four core applications. VENUE is a dynamic community platform that recruits and aligns members of the VOLENTIX community to support distribution of the native VOLENTIX digital asset VTX. VERTO is built as a multi-currency wallet to facilitate…

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EtherDelta Founder Charged with Operating ‘Unregistered Securities Exchange’

The Securities and Exchange Commission (SEC) pressed formal charges against Zachary Coburn, the founder of cryptocurrency trading platform EtherDelta, for not registering his company as a national securities exchange.   Required to Register According to an official press release, the SEC has taken action against the founder of digital token trading platform EtherDelta, Zachary Coburn. According to the Commission’s order, EtherDelta constitutes an online platform for secondary market trading of ERC20 tokens — most of which are usually issued through an initial coin offering (ICO). Furthermore, the SEC has found…

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Etherdelta Founder Fined $400K for Operating Unregistered Securities Exchange

The U.S. Securities and Exchange Commission has published details of a cease and desist order it has taken against Zachary Coburn, the operator of Etherdelta. The decentralized ER20 token exchange was the leading Ethereum DEX during its peak, executing more than 3.6 million orders. According to the SEC, many of those orders were for unregistered security tokens. Also read: Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels Zachary Coburn Settles With SEC Zachary Coburn Zachary Coburn is almost $400,000 out of pocket after settling with the SEC for…

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Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3

Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. Square Finally Sees Profits Hotly following the news that Square had leapfrogged the market cap of  Twitter, the company released it’s Q3 2018 Results. The first ever quarterly profit of $20 million compares with a $6 million loss last quarter, and a $16 million loss in Q3 last year. Quarterly earnings were at 13 cents per share, against Wall Street predictions of 11…

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Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange

Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. Also Read: French Lawmakers to Lower Cryptocurrency Tax by 6 Percent A Globalized Cryptocurrency Exchange “Cryptogem Global is a … bitcoin trading platform where people around the globe can exchange their local currencies and e-money to bitcoin,” Melissa Mwale, co-founder and chief executive officer of Cryptogem Global, told news.Bitcoin.com. Mwale said the idea is to…

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