What Article 13 Means for the Cryptocurrency Industry

First they came for our privacy. Then our data. Finally they took our memes. If the more hyperbolic headlines are to be believed, the EU’s ratification of the controversial Article 13 copyright law will have repercussions for purveyors of highly shareable online content. The reality is less draconian. Nevertheless, Article 13, coupled with last year’s GDPR laws, has ramifications for all tech companies, blockchain projects included. Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Article 13 Passes But Memes Earn a Reprieve The European Union’s…

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These Cryptocurrency Data Sites Aim to Be More Accurate Than Coinmarketcap

The true size of the cryptocurrency market may be as little as 5 percent of its officially reported total. Coinmarketcap (CMC), the leading market data website, has been accused of unquestioningly publishing crypto exchange figures, despite compelling evidence of manipulation by many trading venues including a glut of Asian platforms. Now, a number of market data websites have ramped up pressure on exchanges to provide accurate figures. Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry Fake It Till You Make It Due to its dominance,…

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Hong Kong Wants STO Investing To Be Reserved for the Super Rich

The Hong Kong Securities and Futures Commission (SFC) will no longer let its citizens invest in STOs–unless they have at least $1 million. STOs for ‘Professional Investors’ Only in Hong Kong In what they call a move to protect investors, Hong Kong’s financial watchdog clarified its position on STOs yesterday. The Hong Kong Securities and Futures Commission (SFC) reminded investors that digital assets are still highly risky. This means they should be in the realm of ‘professional investors’ only. To be clear, it doesn’t matter if savvy investors have made…

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Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch

Last month the Veriblock testnet represented more than 30 percent of BTC’s network transactions but the project took a hiatus before launching the protocol’s mainnet. When the project stopped, the BTC network’s mempool dropped, transactions per day were cut in half, and fees slightly dipped. However, since the mainnet launch of the Veriblock blockchain, the mempool is once again getting ‘spammed’ and average transaction fees have increased over the last few days. Also read: Indian Supreme Court Set to Hear Crypto Case on March 29 Veriblock’s Mainnet Captures 18% of…

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Bitcoin On-Chain Daily Transactions Spike to 15-Month High

The 15-month long bear market isn’t affecting Bitcoin adoption and usage, new data shows, as on-chain transactions have hit their highest since early January 2018. Bitcoin Usage Has Been Climbing for 15 Months Bitcoin network usage continues to rise contrary to the drop in bitcoin price since its historic run-up to nearly $20,000. The latest data from Blockchain shows the latest spike to nearly 400,000 confirmed on-chain transactions in a period of 24 hours. This is the highest network activity since BTC price was well above $10,000 USD in early…

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Community-Run Directory Surpasses 1000 BCH-Accepting Merchants

The number of merchants accepting bitcoin cash (BCH) is growing. According to a community-curated website, there are over 1,000 BCH-accepting merchants, grouped into over 40 categories. The site also separately lists organizations that accept BCH donations. Also read: Indian Supreme Court Set to Hear Crypto Case on March 29 Directory of 1061 Merchants Accept Bitcoin Cash is a community-curated directory of merchants that accept BCH. It currently lists 1,061 merchants as accepting bitcoin cash for products and services and 61 organizations as accepting BCH donations. The main directory has 1,039…

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Mark Karpeles Will Appeal Mt. Gox Conviction

Mark Karpelès, the former CEO of the defunct Mt. Gox Bitcoin exchange says he will appeal his conviction on electronic data manipulation charges. Meanwhile, prosecutors on the case have announced their decision not to appeal Karpelès’ acquittal on embezzlement charges. Karpelès is also a Victim of the Mt. Gox Hack According to the Associated Press (AP), Karpelès’ lawyer, Nobuyasu Ogata believes his client’s actions during the Mt. Gox saga were tailored towards minimizing the risk exposure of the platform’s users. Ogata’s comments come in the wake of the decision of…

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Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry

The sight of new job ads being published regularly, at a time when some businesses have been downsizing to cope with the crypto winter, is a positive sign. The importance of job boards connecting companies with professionals is growing, with Cryptojobs one such platform. Also read: Coingapp Allows You to Exploit Arbitrage Opportunities Between Exchanges 1,300 Ads on a Crypto Job Board Cryptojobs (crypto.jobs) is among the leading platforms specializing in posting new openings for those who wish to begin or continue their career in the cryptocurrency and blockchain industry.…

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First Canadian Municipality Starts Accepting Bitcoin For Property Taxes

The town of Innisfil, Ontario will be the first municipality in Canada to accept bitcoin in payment for property taxes. The pilot scheme will be in partnership with Toronto-based Coinberry, who simultaneously announced a new easy-to-use cryptocurrency payment solution. ‘Tax Payments in BTC’ Trend Reaches Canada Accepting bitcoin for payment of taxes is becoming a thing south of Canada’s border. After a mad scramble a year ago to be America’s crypto-tax pioneer, a Florida county eventually won through to become the first US locality to accept tax payments in bitcoin. By the…

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Bitcoin Price Breaks Key Resistance To Hit 3-Month High

 Bitcoin price surged March 29 to deliver its biggest gains against the US dollar since Christmas Eve. Bitcoin Celebrates 3-Month Highs Data from cryptocurrency exchange Bitstamp, which traditionally delivers a slightly more conservative price tracker than some major platforms, confirmed Bitcoin hit $4073 Friday. This, statistics suggest, is the pair’s highest since December 24, and represents daily growth of 1.6 percent. As Bitcoinist reported, BTC/USD had struggled to hold on to support around $4000 this week, with analysts warning downside could be imminent should the pair fail to close out…

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