Bitcoin Cash Developers Debate an Idea Called Pre-Consensus

This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper on the social media platform Yours.org about a protocol technique called ‘pre-consensus.’ According to Séchet, and other BCH developers like Bitcoin Unlimited’s Peter Rizun, pre-consensus could improve block propagation time, benefit zero-confirmation reliability and help delegate decisions tethered to consensus conditions. Also Read: Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned Bitcoin ABC’s Amaury Séchet Publishes a Paper Called ‘On Markets and Pre-Consensus’ Amaury Séchet This week, Amaury Séchet, the Bitcoin ABC client’s lead developer announced on…

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Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom

After being denied a post-conviction relief extension in February 2018, Ross Ulbricht’s family and legal team filed a Petition of Certiorari with the U.S. Supreme Court based on constitutional violations in the investigation and at sentencing. The petition was supported by 21 organizations, however, the Court denied Ulbricht’s petition on June 28. The fight to free Ross Ulbricht, 33, is now reinforced with a new petition created on Change.org, 3 days ago by FreeRoss.org. There are currently 6,242+ signatures and the petition aims at reaching 7,500. Also read: Ross Ulbricht Continues…

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Mueller’s Indictment Could Increase Regulatory Bitcoin Oversight

Bitcoin may face increased regulatory scrutiny following recent events. Special counsel Robert Mueller indicted 12 Russian officials of using cryptocurrency and large-scale hacking to interfere with the 2016 U.S. presidential elections. The U.S. Department of Justice (DOJ) indicted 12 officials from the Main Intelligence Directorate of the General Staff (GRU), Russia’s intelligence agency, who have reportedly used bitcoin to interfere in the 2016 U.S. presidential election. Bitcoin Under the Radar Mueller’s indictment places the emphasis on the usage of Bitcoin as means for money-laundering and other illicit activities: The use…

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London School of Economics Launches “Cryptocurrency Investment and Disruption” Course

The London School of Economics, one of the leading academic institutions for higher learning in the world, is the latest university to offer a course on cryptocurrency. For just £1,800, and about sixty hours of learning, you too can be a certified crypto academic. Also Read: The Pirate Bay Is Again Using Users’ CPUs to Mine Crypto Certificate Crypto Course The London School of Economics and Political Science (LSE) has launched a new online certificate course titled “Cryptocurrency Investment and Disruption” headed by Dr Carsten Sørensen, Associate Professor of Information…

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Future of Mass Cryptocurrency Adoption is User Experience

More retail investors are looking to get into cryptocurrency, but the learning curve is steep. From exchanges, wallets, portfolio and risk management tools, it’s not easy for new investors to grasp and get started. When crypto first became a big thing, perhaps when Ethereum hit the scene, investors believing in the future of cryptocurrency and blockchain technology were willing to overcome the difficulties in order participate in its growth, but these far from streamlined applications could easily prevent widespread adoption. Alisdair Faulkner, chief products officer at security technology firm ThreatMetrix,…

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Crypto Custody Poses Barrier to Institutional Investment

Cryptocurrency analysts are increasingly arguing that the lack of custody services provided by leading players from within the finance industry pose a significant barrier to institutional investors seeking exposure to the cryptocurrency markets. Also Read: Policy Easing, New Crypto Classification in South Korea Lack of Crypto Custody Services Comprises Serious Issue for Institutional Investors A number of finance professionals have argued that a lack of cryptocurrency services being offered by institutional custodians poses a significant barrier to widespread institutional investment in the virtual currency sector. Blake Estes of Alston & Bird…

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Bitcoin Graffiti: How the Economic Revolution Has Painted the Streets

As bitcoin and the idea of decentralized technologies continue to disrupt the economy there’s been a new wave of artists that use the cryptocurrency’s symbolism in many different ways. Some of these creators are fairly unknown and use graffiti to describe the revolutionary aspects of bitcoin in the rebellious form of street art.     Also read: Privacy-Centric ‘Bob Wallet’ Adds Bitcoin Cash Support Over the past few years bitcoin and cryptocurrencies have become popular and last year the technology entered a new phase of attention as a good number of…

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Stop Looking for the Next Bitcoin

Did you hear about the next bitcoin? There’s this little-known cryptocurrency that experts are tipping to be bigger than bitcoin. This is your chance to get in on the ground floor and join the next great wealth creation event. You might have missed bitcoin and ethereum, but you haven’t missed the boat, because the next bitcoin is right here. But quick! You’ll need to get in fast before the masses find out. Also read: Kumamoto Electric Company and OZ Mining Corporation to Start Mining in Southern Japan X is the New…

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IOTA Smart City Project Granted €20 Million in EU Funding

The +CityxChange consortium, which includes the IOTA Foundation, has won a bid to lead a new smart city lighthouse project under an EU research and innovation program. A total of €30 million euros worth of backing has been committed, the majority from the EU, for seven EU cities to experiment with smart positive energy innovations. A total of 25 enterprises and organizations, including distributed ledger technology innovator IOTA, form the +CityxChange consortium. The group, which will be led by the Norwegian University of Science and Technology (NTNU) in the project,…

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Indian Police Seek to Sell Crypto and Bypass RBI Ban

Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. The RBI ban is now in effect and a growing number of crypto exchanges have already announced they will no longer allow withdrawals from cryptocurrencies into rupees. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Permits Police to Liquidate Cryptocurrencies In connection with a bitcoin scam, the Pune police’s “cybercrime cell has arrested 10…

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