Category: Uncategorized

During the Satoshi’s Vision Conference in Tokyo, news.Bitcoin.com spoke with the CEO of Bitkan, Fang Yu, about the recent regulatory actions against cryptocurrency exchanges in China alongside her company’s new venture a vertical paid market called the Bitkan ‘K Site.’ The project will attempt to establish a decentralized media outlet that offers incentives to content creators, readers, and the sharing economy. Fang Yu explains that the K Site will also provide a native token called ‘KAN,’ a micro-blog, videos, articles, Q&A forums, and more. Also read: Massachusetts Censures Five ICO Crypto…

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A movie about an ex-computer hacker and some stolen bitcoin is set to become the first feature film released on a blockchain. Meanwhile, some are suggesting that this could signal a potential end to piracy within the industry. Hackers? Stolen bitcoin? Don’t get too excited. Aside from the bitcoin, the basic premise of the film seems like fairly standard rom-com material. An ex-hacker is posing as a postman to steal mail. He opens a letter from a young war-widow, which steals his heart, and yadda yadda yadda. An FBI agent looking…

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A new automated teller machine now offers Georgians a fast and easy way to buy and sell bitcoin and litecoin. Support for bitcoin cash has been promised, and other cryptos will also be added in the future. The ATM has been set up at a burger restaurant in the heart of the Georgian capital Tbilisi. Also read: Crypto Business Is Now Legal in Belarus Bitcoins and Burgers Cryptocurrencies in Georgia have been gaining popularity in recent years. The country has become a regional leader in the adoption of bitcoin and…

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A Bitcoin investor has waited less than 200 days to double their money during any period since 2011, new data reports. Double, Not Quits, In Under 200 Days Uploading a chart showing how often investors gained 50% and 100% on their investment into BTC, a social media cryptocurrency commentator calculated a median value of 189 days for funds to increase twofold. The figures make interesting reading as both Bitcoin and altcoin prices continue to fall towards $6500 March 30, having extended losses which began back in December. While some sources,…

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The Seoul-based cryptocurrency exchange Youbit has seen its insurance claim denied by a South Korean insurance company following a high-profile cyber attack in December. Rejected! Youbit was hacked twice in 2017. The first cyber attack on the little-known exchange took place in April and saw 4000 BTC covertly liberated from Youbit’s stores. The exchange never fully recovered before it was hacked again in December, losing an estimated 17 percent of its total assets. Youbit is operated by Yapian Corp. According to The Wall Street Journal, the operators filed a claim with…

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Cryptocurrencies are all over the news these days, but we also hear a lot about the underlying technology: blockchain. Regulators and traditional financial gatekeepers are some of the first to speak critically of bitcoin, yet highly of blockchain, but why is that? Why are businesses interested in the technology driving the majority of cryptocurrencies? We hear about blockchain in the news all the time, but not everyone in the crypto world can point to some specific examples of the technology’s adoption and a viable use-case. Now, we can. At the…

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Popular email automation company, Mailchimp, has become the latest company to ban promotional materials pertaining to initial coin offerings and cryptocurrencies. The ban is formally acknowledged in the company’s new terms of service, which was updated on March 29. Also Read: Two Turkish Imams Fired for Allegedly Investing in Bitcoin Mailchimp Prohibits Emails Promoting Cryptocurrencies Leading email automation services provider, Mailchimp, recently updated its terms of service – revealing that the company has chosen to crack down on the promotion of initial coin offerings and virtual currencies through its services. Cryptocurrencies…

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Newegg, North America’s leading technology-focused e-retailer, announced on Wednesday that the company is affording customers in Canada the option of paying for products with Bitcoin — citing increased mainstream awareness of the digital currency. ‘The Time Is Right’ Shoppers in Canada using popular e-retailer Newegg may now pay for purchases with Bitcoin. The addition of Canadian Bitcoin payments is long overdue, as payments in the dominant digital currency have been accepted from customers in the United States since August 2014. Notes the company’s CEO, Danny Lee: In 2014 Newegg was…

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The US state of West Virginia has become the first state to test a blockchain-based mobile app for voting. This project will initially only be available to out-of-state military personnel. The benefits of blockchain technology have been widely publicized, especially after cryptocurrencies started stealing the headlines last year. Core characteristics such as immutable records, security, and efficiency means that it can be integrated into a wide variety of industries, such as supply chain management and even voting. In fact, the latter is exactly what the US state of West Virginia…

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Five cryptocurrency exchanges in Japan are closing after their operators reportedly withdrew their applications with the Japanese financial regulator to operate crypto exchanges. They are in the process of returning clients’ cash and crypto holdings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Five Exchanges Cease Operations Five cryptocurrency exchange operators in Japan have withdrawn their applications with the Japanese Financial Services Agency (FSA) to register their crypto exchanges, Nikkei reported on Thursday, adding that “More are expected to follow, as the FSA has given several exchanges…

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