Coinbase Aims to Obtain Banking Licenses

Coinbase, the largest U.S. Bitcoin exchange, has initiated exploratory conversations with financial regulators regarding banking licenses. Coinbase and Ivy Koin Meet with U.S. Regulators About Banking Licenses Coinbase is now intent on learning how to obtain banking licenses. The Wall Street Journal reports that, according to undisclosed sources, the exchange held conversations with officials from the U.S Office of the Controller of the Currency in early 2018. According to the report: Coinbase Inc. and another cryptocurrency firm talked to U.S. regulators about the possibility of obtaining banking licenses, a move that…

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MMA Fighter Mei Yamaguchi Comes Out Swinging for Bitcoin.com

On May 18, 2018, the One Championship fighter, female mixed martial artist (MMA) Mei Yamaguchi sponsored by Bitcoin.com, faced the Atomweight World Champion Angela Lee in a re-match bout called ‘Unstoppable Dreams.’ Also read: US State Issues Emergency Cease and Desist Orders to Two Crypto Investment Firms Japanese MMA Veteran Mei Yamaguchi Enters the Ring Sporting Bitcoin.com Gear This Friday the Bitcoin.com sponsored Japanese veteran MMA fighter Mei Yamaguchi to meet her adversary Angela Lee again, in the the mixed martial artist female championship bout of the year at the One…

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Analyst: EOS ‘A Groundbreaking Event, the Likes of Which This Industry Has Yet to See’

EOS, a cryptocurrency token and blockchain that claims to operate as a smart contract platform for the deployment of decentralized applications (DApps), continues to perform well in short-term bearish market conditions – and market analysts think this may be just the beginning.  ‘A Groundbreaking Event’ After skyrocketing for weeks, the now-fifth largest cryptocurrency by market capitalization experienced a much-needed (and expected) pullback. Yesterday, however, the cryptocurrency once again saw an 11 percent spike in valuation — more noteworthy given the generally bearish trading patterns taking place this past week. As noted by…

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Japan Banking Giant Mitsubishi Goes Crypto With Own Coin

Mitsubishi UFJ Financial Group, Inc, one of the top five banks in the world, announced its intention of testing a proprietary cryptocurrency by 2019. The idea is to roll out its coin initially to a relative handful of customers, hoping they’ll participate in finding inevitable bugs as they make typical retail purchases. For Japan, it’s yet another indication the country’s business culture is betting on a crypto future. Also read: Alec Baldwin’s Lambo Movie Backed by Crypto Tech Japan Banking Behemoth to Test Proprietary Coin Mitsubishi UFJ Financial Group, Inc.…

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Coingeek Conference 2018: Bitcoin Cash Innovation Shines in Hong Kong

On May 18, 2018, the blockchain firm Coingeek hosted its inaugural Coingeek Conference held this year in Hong Kong. The event was filled with movers and shakers from the Bitcoin Cash (BCH) ecosystem, alongside hundreds of BCH supporters looking to change the way the world’s money works. Also Read: 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins Coingeek Conference 2018: Spreading the Word of Bitcoin Cash Adoption in Hong Kong Coingeek wrapped up its Bitcoin Cash-focused conference that aimed at spreading the message of the many benefits BCH has…

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Bitcoin Mining Isn’t As Energy-Consumptive As Researchers Claim

Earlier this week, a study published by Dutch researcher Alex de Vries concluded that Bitcoin mining uses almost as much electricity as the entire Republic of Ireland — but should we really be concerned?  ‘Picked out of Thin Air’ Bitcoin mining is undoubtedly an energy-intensive process, as anyone who’s ever mined the most valuable cryptocurrency by market capitalization from home knows — but it might not be as concerning as many experts would lead you to believe. Jonathan Koomey, a Standford lecturer who correctly illustrated how concerns over the early internet’s energy…

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PR: Myidm Launches Post Quantum Computer Security

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. Encryption is one of the most important methods for providing data security. Encryption is widely used on the internet to protect user information being sent between a browser and a server, including passwords, payment information and other personal information that should be considered private. However,…

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Philippines: UnionBank Mines Bitcoin In Conference ‘Experiment’

The seventh-largest bank in the Philippines by assets ran Bitcoin miners at a conference this week, signaling bullish sentiment from the local finance industry. Philippines Bank ‘Exploring How Bitcoin Works’ Through Mining Images uploaded to social media from the BusinessWorld Economic Forum 2018 by Satoshi Citadel Industries cofounder Miguel Cuneta show UnionBank CEO Edwin Bautista running four GPU miners at the bank’s booth. According to Cuneta, who was also present at the conference, UnionBank set up a “small mining rig to experiment and explore how it works.” “They want to…

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Five Petitions Pile Up Against India’s Crypto Crackdown – High Courts Ordered to Ignore

Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency Cease and Desist Orders to Two Crypto Investment Firms Latest Writ Petition Against RBI Order Five petitions have been filed with Indian courts against RBI’s order banning financial institutions under its control from dealing with cryptocurrencies…

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Bitcoin Jobs and Jobseekers Rise and Fall With Price, Research Shows

Jobseekers looking for their big break with Bitcoin could have faced disappointment as offers exploded and crashed in line with prices. Price Highs = Employment Highs According to new research from “augmented writing” startup Textio, job offers relating to Blockchain and cryptocurrency rise and fall entirely depending on how valuable Bitcoin is in USD terms. Researchers analyzed job advertisements containing various terms, including Bitcoin, altcoin, cryptocurrency, crypto, cryptographic hash, decentralized autonomous organization (DAO) and decentralized currency. Between May 2017 and February 2018, offers peaked in the third week of December,…

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