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Russian security services ordered Telegram to hand over access to encrypted user messages, but the messaging application (app) refused. Founder Pavel Durov didn’t bother to send lawyers to Moscow’s Tagansky court, and the court dutifully ruled against his company, taking less than 20 minutes in decreeing an immediate ban. Also read: CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case Russian Court Bans Telegram Dmitri S. Peskov, Kremlin spokesperson, stressed, “There is a certain legislation that demands certain data to be passed to certain…

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Russian security services ordered Telegram to hand over access to encrypted user messages, but the messaging application (app) refused. Founder Pavel Durov didn’t bother to send lawyers to Moscow’s Tagansky court, and the court dutifully ruled against his company, taking less than 20 minutes in decreeing an immediate ban. Also read: CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case Russian Court Bans Telegram Dmitri S. Peskov, Kremlin spokesperson, stressed, “There is a certain legislation that demands certain data to be passed to certain…

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Wagers really don’t settle matters, but they are a lot of fun and force advocates to have some skin in the game. In the ongoing debate about scaling, network fees, congestion and mempools, the Lightning Network is Bitcoin Core’s answer. Some in the ecosystem have doubted its efficacy. A bet was placed. If a payment failed, as opponents assured it would, the Core advocate would have to wear a bitcoin cash (BCH) t-shirt. If it succeeded, the BCH advocate would wear a Blockstream t-shirt from their Lightning store.  Also read: Coinsecure…

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A growing number of governments can’t resists the temptation to get their hands on some of the bitcoins their citizens are making. Several states, however, think that leaving some breathing space for crypto users and entrepreneurs is a better idea in the long run. Crypto-friendly tax regimes can still be found around the world. Also read: Tax Paying Americans Owe $25 Billion in Cryptocurrency Tax Exemptions Offered Here: Germany, Europe’s economic locomotive, has been quite careful with crypto taxation. Last month the Federal Ministry of Finance issued a notice which…

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Roger Ver, founder of Bitcoin.com, alongside COO Mate Tokey join the advisory board of MoneyToken. The newly formed partnership attempts to bring the ICO’s benefits to the powerful BCH community. MoneyToken is a blockchain-based financial services platform which has been founded by reputable UK and US FinTech Experts with years of working experience at Prudential Financial, Goldman Sachs, Citibank, Ernst & Young, and Bloomberg. It announced its official presale launch back on March 22nd and up until the moment of press it has already raised more than $3.6 million. MoneyToken…

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Yahoo! Japan Corp announced on Friday its intentions to purchase a minority stake in BitARG Exchange Tokyo. The deal builds on the increasing mainstream acceptance of cryptocurrencies in the country on behalf of business in the face of some of the most prominent Japanese companies. Getting Involved in the Crypto Field As reported by Reuters, Yahoo! Japan Corp is set to buy a minority stake in a Tokyo-based, FSA-approved crypto exchange. The hope of Japan’s number #2 most popular and visited website is to completely dismiss concerns associated with security as…

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Stablecoins aren’t exciting. They don’t pump, moon, or 10x. And yet they have the potential to make traders more money than any other cryptocurrency. These stabilized tokens – usually pegged to the US dollar – scarcely move in price, and yet they’re pivotal in anchoring the crypto markets. Here’s everything you should know about the new class of stablecoins. Also read: Bitmex Research: We Doubt Ethereum’s Ability to Reduce Reliance on PoW The Price of Stability Tether, the best known stablecoin, is often the second most traded crypto asset after bitcoin.…

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The Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Prime Minister’s Directive The Vietnamese Prime Minister Nguyễn Xuân Phúc has signed a directive to strengthen “the management of activities related to bitcoin and other virtual currencies,” Viet Nam News reported, elaborating: To limit the risks and…

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In a recent cryptocurrency trend, miners have been trying to find ways to maintain profitable mining operations. One such method is to move their operations to countries with lower electricity costs, such as Norway and Sweden.  Mining is the essential action required for blockchains to stay secure and decentralized. As a miner, you need computing power and copious amounts of electricity, which doesn’t come cheap. Some analysts estimate that the energy cost to mine a singular Bitcoin can range from $531 (Venezuela) all the way up to $26,170 (South Korea). So…

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Bitcoin’s ubiquity is almost sealed, as more and more entertainment shows weave the world’s most popular cryptocurrency into plotlines. A current example is CBS’s NCIS Los Angeles, starring LL Cool J and Chris O’Donnell, where the digital asset plays a leading role. $10 million of it are stolen from a mining farm, and agents are dispatched. The episode, “Outside the Lines,” will air Sunday, 22nd April, 9pm (ET/PT).   Also read: Coinsecure India Down After $3 Million in Bitcoin Missing LL Cool J Sets Out to Find $10 Million Worth of…

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