PR: Contentos Launches Public Content Chain

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Contentos (COS) hosted its ‘Mastering your creativity with COS’ event at Andaz Hotel in Tokyo as part of a global tour. The event attracted major industry executives, including LiveMe CEO Yuki, Ontology founder Li Jun, Danhua Capital partner Selina, COS cofounder Mick, Blockshine CEO Daniel…

Read More

Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings

Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Over 270 Court Cases Related To Cryptocurrency Chinese courts have been challenged to resolve hundreds of crypto-related disputes whose number has increased significantly with the drop in cryptocurrency…

Read More

Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip

On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies. Also read: Bitcoin Cash Acceptance Grows — Dish Network and Flow Partner With Bitpay Coingeek Partners With Squire Mining to Deploy Next-Generation ASIC Hardware News.Bitcoin.com recently reported on Squire Mining Limited (CSE: SQR) securing $25,500,000 CAD…

Read More

Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar

President Maduro’s Venezuela is preparing to effectively adopt next week two official units of account – the nation’s crypto, El Petro, and the new petro-pegged bolivar that will replace the inflated national fiat. New salary and pricing mechanisms will be implemented as well, the country’s leftist leader promised.   Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Venezuela Introduces Crypto-Pegged Bolivar on Monday Starting from August 20, Venezuela will have two official units of account – the state-issued, oil-backed cryptocurrency, the petro, and the new petro-pegged,…

Read More

Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the company’s recent “socialized clawback”. Also Read: Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact Chinese Court Backs Exchange in Dispute Over 5 BTC Accidentally Credited to Trader A Chinese court has rejected an appeal…

Read More

An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend

Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency trade volume than most of the leading nation-state issued fiat currencies like the USD and JPY. Moreover, the past year or so more ‘stablecoins’ have been entering the crypto-economy, and some individuals think stablecoins are necessary elements for the future of this technology. Also Read: Wormhole Mainnet and Developers’ Guide…

Read More

On-Chain BCH Used in a Submarine Swap for Off-Chain BTC

This week an individual revealed he had completed the first trustless swap by trading on-chain bitcoin cash (BCH) for off-chain bitcoin core (BTC) using Alex Bosworth’s submarine swap protocol. Also read: Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent On-Chain Bitcoin Cash Submarine Swapped for Off-Chain BTC The decentralized cryptocurrency bitcoin cash (BCH) was traded over the Lightning Network this week for off-chain bitcoin core (BTC). According to an individual on Reddit named u/Darkdeepths, he says he’s been fortunate to see Bosworth’s submarine swap testing and decided to test…

Read More

The Opposition Towards Bitcoin ABC’s Proposed Upgrade Changes

On August 8, the Bitcoin ABC development team published an announcement regarding the November hard fork changes with plans to finish the latest codebase by August 15. The proposal falls in line with the ABC developer’s upgrade timeline and contains about five different changes that will soon be ready for testing. Also read: Bitcoin Cash Acceptance Grows — Dish Network and Flow Partner With Bitpay Bitcoin ABC Publishes Plans and Consensus Changes for the Upcoming BCH November Upgrade The Bitcoin Cash community has plans to upgrade the network once again with…

Read More

Electron Cash Wallet Now Available for Basic Feature Phones

This past February news.Bitcoin.com reported on the firm Coingeek announcing funding the Electron Cash programming team. Since then, the bitcoin cash (BCH) centric wallet Electron Cash has seen a bunch of development with Coinshuffle integration, and a new iOS version of the wallet. Now another version of the Electron Cash wallet has launched which can run on basic feature phones (Nokia-style) adding more versatility to the BCH ecosystem. Also read: Coingeek Announces Funding the Electron Cash Development Team Electron Cash Can Now be Installed on Nokia Style Feature Phones Last February…

Read More

Many Swiss Bankers and Financial Regulators Quit to Join the Crypto Space

A lot of people in Switzerland have left the traditional financial sector to work in the crypto space, in which the banking nation is now developing a niche market. The Swiss banks don’t show enthusiasm officially, but they massively have interests in dealing with Bitcoin, insiders say. Also read: Switzerland’s Main Stock Exchange Dives Deep Into Crypto From Crypto Valley to Crypto Nation At this year’s G20 finance ministers’ meeting in Buenos Aires, the Swiss Federal Councillor and Finance Minister underlined Switzerland’s position on cryptocurrencies, saying that digital assets offer a…

Read More