Category: Uncategorized

On April 4, 2018, the notorious former CEO of the now defunct bitcoin exchange Mt Gox started an Ask-Me-Anything (AMA) post on the Reddit forum /r/bitcoin. Mark Karpeles (AKA Magical Tux) explained that he’s willing to answer questions concerning the controversial bankruptcy process that’s taking place in Japan within the Tokyo court system. Karpeles writes that he doesn’t want the remaining funds to be distributed to the Mt Gox company at all, but unfortunately due to bankruptcy laws in Japan, the exchange and its owners may end up with a…

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At the bitcoin cash-focused Tokyo event, Satoshi’s Vision Conference, many movers and shakers and cryptocurrency luminaries got together with Bitcoin.com’s product manager Mike Malley to discuss on-chain scaling and spreading BCH adoption worldwide. During this particular video, Malley chats with Amaury Séchet (Deadalnix) the lead developer of Bitcoin ABC, and the man who revealed the August 1, 2017, hard fork to the world. Also Read: Testing Cryptocurrency Atomic Swaps With Barterdex Instant Confirmations and the Never Ending Scaling Debate In this Bitcoin.com broadcast our host, Mike Malley, talks about the future…

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The first quarter of 2018 is on record as the worst in bitcoin’s price history. Just shy of 115 billion USD in market capitalization has been erased. Nearly half of its price from the start of this year is gone. For those relatively new to the ecosystem, it might seem like the time to panic or at least cash out what’s left of their initial investments. As a recent visualization study by financial information aggregators howmuch.net shows, the world’s most popular cryptocurrency just might make a comeback.   Also read: Trezor…

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South Korea’s financial watchdog today ordered a dozen cryptocurrency exchanges to update their adhesion contracts, which the agency claims causes problems for users in withdrawals, and generally puts the businesses way ahead of consumers on all levels. Also read: Trezor to Implement Bitcoin Cash Addresses South Korea Orders Exchanges to Revise Adhesion Contracts The Republic of Korea Fair Trade Commission (KFTC), the country’s regulatory authority for economic competition, “ordered 12 cryptocurrency exchanges to revise their adhesion contracts, which largely fail to provide adequate protection for consumers,” according to Yonhap. Consumer protection…

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Stablecoins, cryptocurrencies pegged to external values outside of the cryptocurrency market, have been all the talk lately, especially in the recent market pullback. Tether, the biggest stablecoin pegged to the US dollar, has recently come under fire due to a lack of transparency. Let’s face it, the cryptocurrency market, in general, is far from stable. Over the past 6 months, the market cap of the cryptocurrency space has been a gut-churning rollercoaster ride from one hundred to eight hundred billion dollars and everywhere in between. Compared to traditional markets, the…

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Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm. Also read: Taiwan Looks to Regulate Bitcoin Under Anti-Money Laundering Laws ICO Listing Exchanges Charging Huge Fees Infrastructure providers of crypto listings have realised that there’s money to be made when it comes to creating paths to liquidity. To list an ICO on a known crypto exchange can cost anywhere between $1 – $3 million. The application and entry fee on…

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The 24 year old developer live-tweeted about a debate between Samson Mow and Roger Ver on Bitcoin and Bitcoin Cash. He also shared some of his own thoughts on BTC vs BCH, scaling, and the development of the two networks. Live-Tweeting the Debate Currently, the Deconomy conference is happening in South Korea, hosting speakers such as Vitalik Buterin, CEO of Bitcoin.com Roger Ver, Craig S Wright, CSO of BlockStream Samson Mow, and author of the Lightning Network whitepaper Joseph Poon. The stage welcomed Jeff Paik, Roger Ver, and Samson Mow,…

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Over the past few months of 2018 flying under the radar, there’s  a new charity aimed at feeding Venezuelan citizens and their children — a group called ‘eat BCH.’ The group has been getting a lot of bitcoin cash (BCH) donations towards feeding the hungry from within the country’s troubled economy. The donations are proving how perfect a peer-to-peer electronic cash system can be for those in need. Also read: Markets Update: Cryptocurrency Prices See Some Slight Recovery ‘Eat BCH’ Feeding Venezuelans With Bitcoin Cash The Venezuelan economy has been suffering…

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Amid the turmoil of the past few months in the cryptocurrency space, advocates and developers have been speaking out. Bitcoin developer and entrepreneur Jimmy Song adds his voice, with an explanation of why Bitcoin is exceptional, and how investors can assess its long-term value. Using Medium as his platform and referring to the recent roller coaster of cryptocurrency investing as both thrilling and painful, where investors can lose sight of what they are investing in, Song asks: How is one coin to be distinguished from another? And more importantly, how is…

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The violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight Recovery At Least 9 Cryptocurrency Hedge Funds Have Already Shut This Year Reports are indicating that cryptocurrency hedge funds have experienced a significant reduction in demand for exposure – with many funds posting losses for…

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