Monthly Archives: December 2018

Bakkt Completes First Round of Funding With $182.5 Million

Finance Intercontinental Exchange’s upcoming cryptocurrency trading platform, Bakkt, has raised $182.5 million from a dozen investors. The funds will help develop an institutional-grade regulated crypto exchange, clearing and warehousing services for physical delivery and storage. The company now expects to provide an updated timeline on launching bitcoin daily futures contracts in early 2019. Also Read: […]

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Chatter Report: Troutner Proposes Algorithmic Stablecoin on BCH, Sztorc Believes Austrian Economics Unnecessary

News In today’s roundup of crypto chatter, Chris Troutner and Andreas Brekken play around with the idea of building an algorithmic stablecoin on BCH. Vin Armani debates with Painted Frog on Bitcoin’s similarities to Visa. Also, Paul Sztorc thinks that understanding Austrian economics is not that important to comprehend Bitcoin.   Also read: Developer Paul Sztorc Launches the […]

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Israeli Exchange to Launch Crypto Payments API Service for Local Businesses

Services There is a new option on the way for Israeli companies that wish to accept orders from cryptocurrency users while they keep managing their books in fiat. A local bitcoin exchange, Bits of Gold, is launching an API service for regulated crypto payments. Also Read: Billions Living Under Authoritarian Regimes Need Bitcoin Says Human […]

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Russian Bitcoin Mining Granny Bullish on Industry Future as Commercial Producers are Doubtful

Mining A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer […]

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Italian Government Selects 30 Representatives to Develop DLT and Crypto Policy

Regulation Italy’s Ministry of Economic Development recently published a list of the 30 individuals that the Italian government has tasked with developing the country’s regulatory strategy with regards to distributed ledger technology (DLT) and cryptocurrencies. Among the individuals are alumni of the United Nations, the European Parliament, the European Commission, and the Italian Chamber of […]

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Japanese Regulator Publishes Proposed Rules for Cryptocurrency Service Providers

Regulation Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Final Report of Proposed […]

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These Developers Claim They Can Crack Any Hardware Wallet

Security On Dec. 27 at the 35th Annual Chaos Communication Congress (35C3) event, three individuals from a startup called Wallet Fail allegedly hacked the most popular hardware wallets and revealed their secrets on stage. According to Trezor, however, the hackers at 35C3 did not follow the standard responsible disclosure protocol and Ledger Wallet developers claim […]

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Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit

News On Dec. 27, court documents from the case against the Nchain chief scientist, Craig Wright, explained a large portion of his recent dismissal motions were found “not warranted” and were denied. Wright is being sued for 1.1 million BTC in a legal case in Florida that alleges he manipulated David Kleiman’s family. Also Read: Many […]

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Hackers steal data on 1,000 North Korean defectors in South | World news

The personal information of nearly 1,000 North Koreans who defected to South Korea has been leaked after unknown hackers gained access to a resettlement agency’s database, the South Korean unification ministry said on Friday. The ministry said it discovered last week the names, birth dates and addresses of 997 defectors had been stolen through a […]

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Jordan Peterson Now Accepts Bitcoin and Working on a Patreon Competitor

Canadian psychologist Jordan Peterson has made $800 in five days after choosing to begin accepting Bitcoin (BTC) donations for his work. Jordan Peterson Gets 63 BTC Donations So Far An analysis of Peterson’s public Bitcoin address reveals an accrued balance of 0.213 BTC since it became active December 22. Peterson, the author of the best-seller […]

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