HSBC Executes India’s First Overseas Blockchain Payment for Major Company

The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology. “The Use of Blockchain Offers Significant Potential” Despite the tension surrounding cryptocurrencies in India, HSBC has purportedly carried out the very first overseas financial transaction using blockchain-based technology. The parties […]

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Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans

News There’s only 10 days left until the Bitcoin Cash (BCH) network hard fork scheduled for Nov. 15. At the moment the upgrade has two competing BCH clients with different ruleset changes, so the upcoming fork could cause a chain split. Because of the contention over certain upgrade proposals, a slew of exchanges and wallet […]

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The Ledger: Crypto Consolidation, St. Vitalik, Interest Bites Bitcoin

In today’s cryptocurrency landscape, it’s striking how many companies offer the same services. There are numerous exchanges, multiple wallet providers and, heck, there’s even a glut of crypto media outlets. When times are good—think $20,000 Bitcoin—such plenty isn’t a problem. The pie gets bigger, customers pour in and everyone grabs a piece of the market. […]

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Should Paraguay invest its energy wealth in bitcoin ‘mining’ or fighting poverty? | Global development

Shotgun-toting guards patrol an anonymous warehouse on the outskirts of Ciudad del Este. Perched on the triple border where Paraguay meets Brazil and Argentina, the melting-pot city is often associated with smuggling, cartels and drugs. But inside, a new hot commodity is piling up by the second. Dozens of dismantled CPUs and internet-connected circuits whirr […]

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Bulgarian Officials Caught Accepting Bitcoin Bribes to Issue Passports

A handful of Bulgarian officials were busted accepting Bitcoin bribes for illegally issued passports. Busted! A trio of Bulgarian officials was recently arrested for accepting bribes in Bitcoin (BTC) 00 in exchange for issuing passports to foreign applicants. As reported by local news outlet, Nova, court documents indicate that Petar Haralampiev, the Head of Bulgarian […]

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Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert

News Consumer protection lawyer Jeffrey Berns is the owner and CEO of Blockchains LLC, a company that bought more than 67,000 acres of land in northern Nevada for $170 million earlier this year. On Thursday, he revealed plans to build a crypto city in the desert, claiming to have invested $300 million to make it […]

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Turkish Police Detain 11 Suspects in Bitcoin Theft Case

News The cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash.   Also read: Church Mining Cryptocurrency to Pay Higher Electricity Rates               Hackers Steal $80,000 Worth […]

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Charlie Shrem To ‘Vigorously Defend Himself’ After $32M Winklevoss Lawsuit

Charlie Shrem, the early Bitcoin adopter and advocate who spent a year in prison for alleged facilitation of drugs purchases with Bitcoin, faces a $32 million lawsuit from Tyler and Cameron Winklevoss. Winklevoss Twins: Shrem ‘Stole 5000 BTC’ As the New York Times first reported November 2, Shrem, who previously worked with the billionaire twins […]

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Ebang IPO Challenged by Criminal Probe, Plattsburgh Passes New Mining Guidelines

Regulation In recent regulatory news, a criminal investigation may prevent Ebang from conducting an initial public offering, Plattsburgh has passed new regulations governing commercial mining operations, and Ron Paul has endorsed precious metals and cryptocurrencies as a viable alternative to fiat currency. Also Read: Another Token Project Launches on the Bitcoin Cash Network Criminal Accusations Pose Hurdle […]

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Vitalik Buterin is Not Stepping Away from Ethereum

An article headline in MIT Technology Review heralds Vitalik Buterin saying Ethereum can’t succeed unless he takes a step back. Tone Vays almost wet his pants with glee at Vitalik’s imminent departure, before being put straight by the man himself.  Tone Deaf Vays jumped on the headline to rant about bitcoin not competing with nonsense platforms, […]

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