Month: March 2019

Supercharge Your BCH Workflow With Bitcoin.com’s SLP and Badger SDKs

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Last summer, Bitcoin.com launched a developer suite so Bitcoin Cash (BCH) programmers could have access to a slew of resources, tools, and software development kits (SDK). At the time, the web portal contained three key tools for blockchain programmers: the Bitbox SDK, REST, and the GUI platform. Now, Developer.Bitcoin.com hosts two more SDKs so developers can build applications with Badger Wallet and the Simple Ledger Protocol (SLP). Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Build Killer Apps With Bitcoin.com’s Developer Platform Bitcoin.com believes that…

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Algeria Embroiled in Political and Economic Unrest – Time to Lift Bitcoin Ban?

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Algeria, one of North Africa’s largest producers of oil and gas, is currently going through serious political and economic turmoil.  Amid the current unrest, it’s perhaps high-time for the country to reconsider its position on Bitcoin as it has proven itself as a viable alternative during times of upheaval.  Algeria: Arab Spring 2.0? Algeria, officially the People’s Democratic Republic of Algeria, is going through major political and economic turmoil. The country is the largest in Africa and it’s also amongst the biggest producers of oil and gas in the world.…

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Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

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On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take advantage of the wet season in China. Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Antminer 17 Series Available for Purchase on April 9 Bitcoin miners will be interested in…

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From Bears to Bulls: Financial Advisors Change Opinions About Bitcoin After Crash Course

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Financial advisors only need to be educated on Bitcoin (BTC) to turn from skeptics to believers.  Ric Edelman staged a Blockchain and Cryptoasset Pre-Event with Barron’s Top Independent Advisor Summit ten days ago. The event offered financial advisors Continuing Education Credits and was sponsored by major blockchain and cryptocurrency players Kingdom Trust, Bitwise Investments, Blockforce Capital, Fidelity Digital Assets, Grayscale Investments, Orion Advisor Services, Pantera Capital, State Street Global Advisors, and Van Eck. It was presented by The Advisor Blockchain and Crpyoassets Council. At the event, no less than 155…

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New Crypto-Friendly Banking and Payment Services Launch in the UK and Russia

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Two companies from different parts of Europe have recently announced new products that cater to the financial needs of businesses in the crypto industry. The services range from opening bank accounts to providing payment processing solutions. Developers say they will give crypto companies the peace of mind they need to focus on their core activities without having to worry about banking. Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry British Company to Open Bank Accounts for Crypto Businesses Coinacquiring, a London-based consulting firm, has announced…

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Book Flights and Hotels With BCH and 6 Other Coins at Bitcoin.Travel

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The number of travel websites accepting cryptocurrencies has been growing with the popularity of digital coins. One well-established platform, Bitcoin.travel, now supports payments in seven cryptos, including bitcoin cash (BCH). Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry Travel Anywhere, Pay in Crypto Bitcoin.travel works with businesses from the travel industry willing to accept decentralized digital currencies for their services. On the platform, which is available in dozens of languages, users can search for flights, hotels and rentals offered by numerous partners around the world.…

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Formula One Launching Blockchain Game ‘F1 Delta Time’

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Formula One, the Fédération Internationale de l’Automobile’s highest class of single-seater auto racing allowed, will see its owners, Liberty Media, launch a blockchain-based game in an effort to bring in a younger, more tech-oriented subset of fans.  The game will come from Hong Kong-based gaming firm Animoca Brands and will be titled F1 Delta Time. Non-Fungible Fun Time F1 Delta Time will make use of non-fungible tokens (NFTs) as collectible elements. NFTs are a specific type of blockchain-based token that is verifiably unique and owned entirely by owner, who has…

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Bithumb Hacked Again? – Hackers Reportedly Steal $15 Million in EOS

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Bithumb temporarily suspended deposit and withdrawal services on its platform. The South Korean cryptocurrency exchange appears to be the latest victim of another hack with $15 million worth of EOS allegedly stolen by cybercriminals. Bithumb Admits Suspicious Activity In a notice published on the company’s website on Saturday (March 30, 2019), Bithumb apologized to its users for inconveniences suffered on account of its decision to temporarily suspend deposit and withdrawals services on the platform. According to the statement, the move was a precautionary step following the detection of unusual cryptocurrency…

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How India’s Election Could Impact Crypto Regulation

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India’s impending general election could affect the government’s process of regulating the crypto industry. A local lawyer has explained to news.Bitcoin.com how the election can impact regulations. According to the Indian Election Commission’s code of conduct rules, no new law can be passed during the election. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Election Could Delay Crypto Regulation India’s general election is approaching with the voting due to take place in seven phases between April 11 and May 19. The results will be announced on May…

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Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

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Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Visualizing the Lightning Network from a Different Perspective This week, Bitcoin Unlimited’s Peter Rizun wrote a critique concerning the often controversial Lightning Network…

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