Month: January 2020

There’s been a lot of buzz in the space recently about the importance of user experience. Kim Dotcom’s proclamation that “Mass utility is going to lead to mass adoption,” speaks to this. Peter Schiff’s bitcoin wallet fiasco, CZ’s claim that centralized exchanges are safer than private wallets, and promises of a still undependable Lightning Network as salvation all point to the same. As cashless payment systems proliferate around the globe, one thing becomes crystal clear: crypto doesn’t need a killer app – it is the killer app. Crypto needs better…

Read More

On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software that can “identify and cluster crypto asset transactions.” Also read: Britain’s Tax Authority Updates Crypto Guidelines HMRC Wants a Blockchain Analysis Tool and Is Willing to Pay $100,000 Governments worldwide have been cracking down on cryptocurrency holders in order to make sure they…

Read More

The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in the entities it regulates, such as banks, from risks associated with trading cryptocurrencies. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia RBI Did Not Ban Crypto During a supreme court hearing last week, the counsel…

Read More

Consistently among the top digital assets in the world by market cap, Bitcoin Cash is accepted by most crypto service providers and the list just keeps growing. The latest platform to add BCH support is the popular crypto wallet with over 10 million downloads, Imtoken. Also Read: Bitcoin.com Partners With Mecon Cash, Enabling Withdrawal at ATMs Across South Korea Imtoken Now Offers a Bitcoin Cash Wallet The company operating the digital asset management tool Imtoken has announced today it has added bitcoin cash support to its multi-chain crypto wallet app…

Read More

A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia New ‘Centre of Excellence in Blockchain Technology’ India’s Ministry of Electronics & Information Technology (Meity) announced the inauguration of a Centre of Excellence in Blockchain Technology in Bengaluru by Shri Ravi Shankar Prasad on Saturday. Prasad is the Union Minister…

Read More

The number of stores that accept cryptocurrencies such as BTC and BCH is growing. But while such stores will accept bitcoin alongside existing fiat payments, a handful operate in reverse. These online shops are bitcoin only and they’ve no intention of accepting fiat currency – ever. Also read: How Is Bitcoin Cash Different From Bitcoin Core? Your Filthy Fiat’s No Good Here In a world where everyone used bitcoin, shopping would be much more private. There’d be no risk of card fraud, no credit scores, payment blacklisting, or geo-restrictions. We…

Read More

Bitcoin.com is releasing the open source SLP Indexer Server for validating Simple Ledger Protocol tokens as part of its commitment to the development of the token ecosystem. The tool is designed to make SLP token transactions perform as fast as BCH and empower developers to create even greater projects on the Bitcoin Cash network. Also Read: How to Create Custom SLP Tokens With the Bitcoin.com Mint Bitcoin.com Introduces SLP Indexer to Developers Bitcoin.com SLP Indexer is a tool that can validate an unconfirmed SLP transaction in around 1 ms. The…

Read More

On January 17, the BCH developer known as Acidsploit announced the launch of the highly anticipated Cashfusion alpha. Interested parties can reach out to the Cashfusion developers via the team’s Telegram group to become an alpha tester. The news of the launch excited the BCH community a great deal, as it means a significant privacy tool is coming to the Bitcoin Cash environment. Also read: How to Create Custom SLP Tokens With the Bitcoin.com Mint Bitcoin Cash Is Becoming More Fungible During the last few months, there’s been a lot…

Read More

The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that there are several different cryptos which bear the name “Bitcoin.” Convoluted as this all may seem, the differences are pretty easy to understand. This article seeks to explain in simple terms the difference between two of the most popular cryptocurrencies: Bitcoin Cash (BCH) and Bitcoin Core (BTC). Also Read: An In-Depth Look at the Multi-Currency Cold…

Read More

There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia Powswap Where Miners and Holders Can Speculate On Hashrate Software developer Jeremy Rubin recently announced the launch of a new project he developed called Powswap. It lets people speculate on hashrate to offer “mining derivatives with no…

Read More