Category: Uncategorized

Ethereum co-founder Vitalik Buterin questioned the authenticity of the Rothschild banking empire after rumors emerged of its plans to enter the cryptocurrency market. ‘Old-money-type High Society People’ In various posts in the /r/ethereum subreddit on May 26, Buterin focused on the potential impact of the Rothschilds’ IMMO project, adopting a critical perspective about their presence as a market force. “Are ‘the Rothschilds’ even well-coordinated enough to be worth caring about as a group these days?” he queried on Reddit. […] If old-money-type high society people want to make their own…

Read More

Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the Bank of England that Bitcoin is the financial system of the future. Also Read: This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living in His Car The Future of Finance Niall Ferguson is a noted historian, commentator, and the author of fifteen books including The Ascent of Money and The House of Rothschild. On Tuesday he has given a seminar…

Read More

Andreas Antonopoulos told conference members that “Bitcoin is the future and Blockchain is bullshit” days before the now-infamous Consensus 2018, it has emerged. Antonopoulos Champions Essential ‘Weirdness’ Speaking at the Polish Bitcoin Congress in Warsaw May 12, Antonopoulos, who has been a well-known Bitcoin advocate and educator since 2013, argued that Bitcoin’s “weirdness” and decentralization’s ability to “offend” were key to its success. “…The reason Bitcoin is interesting is because it’s not controlled, because it can’t be censored, because it’s open, because a lot of the people involved are very,…

Read More

Multiple reports and public filings have shown a UK-based firm called ‘A.B.C. IPHoldings South West’ has successfully acquired a trademark for the name ‘Bitcoin’. According to a merchant on Etsy, IP-Holdings sent a cease and desist order because they were selling Bitcoin-themed t-shirts. Also read: There’s a Bitcoin Themed Card Game On Kickstarter Called ‘Bitcon’ UK Company Successfully Copyrights the Name ‘Bitcoin’ This week cryptocurrency enthusiasts found out the name ‘Bitcoin’ had been trademarked using the Intellectual Property Office (IPO) in the UK on December 22, 2017. The news came as…

Read More

This week we learned that Deutsche Börse “Deep at Work” on Bitcoin and John McAfee predicted bulls’ billions will soon be pumped by institutional investors, despite the current cool market. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. And the most commented on story of the week talked about a guy living is his car while working two jobs just to invest in crypto. Also Read: US Justice Department Investigates Price Manipulation in Bitcoin Market New EU Rules Kill Another Crypto Venture You…

Read More

This week, a number of companies listed on the Tokyo Stock Exchange revealed their plans to enter the crypto exchange business. They include one of the most popular budget-managing app operators, an entertainment conglomerate, one of the largest music labels, and a medical corporation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Money Forward Budget-managing app operator Money Forward Inc (TYO: 3994) made two crypto-related announcements this week. Launched in 2012, the company “has grown rapidly to become one of the hottest financial technology startups, with its namesake application…

Read More

Stablecoins — particularly those backed by fiat currencies like the US dollar — are a hot topic in today’s cryptocurrency industry. Bitcoinist recently caught up with Rafael Cosman, CTO and Co-Founder of TrustToken, to talk about the company’s new USD-pegged stablecoin, it’s relationship to other stablecoins like Tether, and the price spike following TrueUSD’s listing on Binance. Here’s what he had to say.  Bitcoinist: TrustToken is a platform to create asset-backed tokens, such as gold to gold tokens or dollar to dollar tokens. How exactly does this process work? RC: The TrustToken Platform…

Read More

The Japanese tax authority has for the first time revealed the number of high-income taxpayers who declared cryptocurrency profits in the year 2017. Out of the total number of taxpayers with miscellaneous income of 100 million yen or more, excluding public pension, 60% of them reported income from crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Declaring Crypto Income The Japanese National Tax Agency announced on Friday the number of people with 100 million yen (~US$914,000) or more miscellaneous income that includes income from cryptocurrency transactions, according…

Read More

Despite the steady decline in Bitcoin prices, the network hashrate continues to increase astronomically. Why are miners contributing more computing power to mine a cryptocurrency that has struggled over the past five months? Market analyst, Naeem Aslam believes the trend implies an upcoming price increase. Bitcoin Fundamentals and Market Indices at Odds with Each Other From an economic perspective, it makes no sense for miners to spend more money mining Bitcoins when the price continues to struggle. A recent report by Morgan Stanley revealed that $8,600 is the breakeven price…

Read More

There’s a new Point-of-Sale (PoS) service the Bitcoin Cash community has been talking about called, Bchpls.io, an app that enables any brick n’ mortar merchant to accept BCH with just two devices by providing a customer screen, and a cashier view. Bchpls is currently in open beta which means the public can test the software at their own discretion, so news.Bitcoin.com decided to test the program’s feature services. Also read: Chinese Exchange Launching Southeast Asian Crypto Trading Hub Giving the New PoS System Bchpls.io a Test Run This week we decided…

Read More