After NASDAQ, will Blockchain Drive the Next Stock Market Revolution?

Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain for the stock market, according to a statement released last week. Settling Stocks with Blockchain Last week, Paxos obtained the no-action relief letter from the SEC. It confirms that the regulator doesn’t mind the startup’s blockchain trial. Paxos intends to build a blockchain-based infrastructure to settle and clear stock trades more rapidly and cheaper. The pilot project will operate with stocks…

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How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago

On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The 11th Anniversary of the Bitcoin Whitepaper 11 years ago today, at 2:10 p.m. Eastern Standard, Satoshi Nakamoto published the Bitcoin whitepaper to the Cryptography Mailing List. The service used was a pipermail message service hosted on metzdowd.com run by…

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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in the pan. That being the case, a look at bull runs of times past and what this could mean for the market today is in order. Also Read: After Breaking New Records Bakkt Announces Crypto Consumer…

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Crypto Banking Expands With Positive Interest Rates and New Services

Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to corporate and private clients. However, businesses and savers don’t have to put up with losing money as the expanding banking services in the crypto space come with much better conditions, including positive interest rates. Also…

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Emergent Coding, Adoption Incentives and Practical Use – Bitcoin Cash City, Day 2

The Bitcoin Cash City conference in North Queensland has just wrapped up, and participants are now unwinding after two consecutive days of presentations, product demos, free gifts, and plenty of food. Tomorrow, September 6, there will be a special workshop for developers, and then the conference proper will end and it’s on to next year’s plans. Day two presented attendees with a smorgasbord of info: tax advice, practical business solutions, onboarding tips, introductions to emergent coding and more. Also Read: 5 Key Concepts from Day One at Bitcoin Cash City…

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Bitcoin Price $5,000 Support is Now Critical as Bull-Run Fizzles

Bitcoin price fell off its peak close to $5500 to head towards older $5000 support April 11 after a late fresh surge abruptly ran out of steam. $5500 A Push Too Far Data from cryptocurrency exchange Bitstamp, which provides Bitcoin price data often slightly more conservative than other platforms, shows BTC/USD 00 has dropped below $5200 at press time Thursday. Bitcoin, which experienced a sudden rally of around $1300 last week, has broadly held on to its new gains. Despite news China was intending to outlaw mining, this week saw…

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Xthinner Protocol Tested on BCH Mainnet Shows 99% Block Compression

On April 8, BCH developer Jonathan Toomim revealed how far he’s come with the Xthinner block compression protocol. Toomim tested the platform between two Bitcoin ABC full nodes on the BCH main network and a 363 kB block was compressed down to 1,660 bytes, or 99.54% compression. Also read: Uyen T Nguyen: The Powerful Young Woman Behind the Alleged ‘Satoshi Affair’ Xthinner Compression and CTOR in Action The Bitcoin Cash (BCH) community is all about scaling and increasing the block size, but very adding large blocks is just one part…

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Japan Approves 2 New Crypto Exchanges – 140 More Interested

Japan’s top financial regulator has shared with news.Bitcoin.com some stats pertaining to cryptocurrency exchange registrations. Out of 23 new applications the regulator has received, two have been approved so far. In addition, there are over 140 more companies interested in entering the market. Also read: Indian Supreme Court Set to Hear Crypto Case on March 29 Over 140 Companies Interested, 2 Approved so Far The Japanese Financial Services Agency (FSA) approved the applications for two new cryptocurrency exchanges this week — one from Rakuten Wallet Co. Ltd. and the other…

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Bitcoin Mining Faster with Less Energy Says Ex Samsung Senior VP

New ASIC 8nm Bitcoin Mining Machine By NPG

Former Samsung Computer Division Executive Vice President says new ASIC based Bitcoin mining machines will achieve highest hashing power at lowest energy consumption rate. NPG (NextPowerGen Co.Ltd) CEO Houn Soo Kim and his team of top engineers from Samsung Electronics have built high-end servers for Intel, EMC and Sun Microsystems. Now, with full-time employees of 12, NPG is looking to be a major contender in the Bitcoin mining industry. Bitmain, the dominant player in the industry, may be losing its grip as other companies are gaining market share. CoinDesk reported that in…

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Developer Launches Mturk Alternative ‘Taskopus’ Powered by Bitcoin Cash

On March 11, the creators of the Freelanceforcoins platform announced the launch of a new crowdsourcing market called Taskopus. The standalone application is similar to Amazon’s Mechanical Turk marketplace but anyone can participate, payouts are near instantaneous and bitcoin cash (BCH) is used for settlement due to the chain’s low network fees. Also read: Ledger Reveals Physical Exploits Against Trezor Hardware Wallets Meet Taskopus, the Mturk Alternative News.Bitcoin.com recently reported on the newly created Freelanceforcoins. This Monday the lead developer of the platform announced a new alternative to Amazon’s Mechanical…

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