Tag: bitcoin

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China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

China has passed the first-ever law specifically aimed at regulating cryptography and password management taking effect on Jan. 1, 2020. The Standing Committee of the 13th National People’s Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV.  Per…
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The Future of Cryptocurrency Adoption in Germany

Germany is one of the world’s leading economic powers. However, it isn’t quite one of the world’s leading cryptocurrency nations, with countries such as Switzerland, Malta, Japan, Singapore, Luxembourg and Liechtenstein having already introduced more progressive legislation related to crypto and blockchain technology. Still, Germany has witnessed relatively encouraging  Read more »Pay/Trade/Buy Bitcoin with Credit…
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Redditor Claims Miner Controls 50% BCH Hash Rate, Asks to De-List BCH

A Redditor spotted a Bitcoin Cash miner that apparently now controls more than 50% of its hash rate and asks to de-list BCH. An unknown Bitcoin Cash (BCH) miner was apparently in control of more than 50% of the token’s hash rate for 24 hours. The miner seemed to mine 73 blocks from 10 am…
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Poll: 60% Tell Vitalik Buterin ‘No’ to Ethereum Reversing Transactions

A survey by co-founder Vitalik Buterin drew more ire than feedback, with Twitter users berating him for even suggesting devs could intervene in smart contracts. Ethereum co-founder Vitalik Buterin has sparked controversy among cryptocurrency users after suggesting developers could reverse transactions.  Buterin’s community feedback falls flat In a Twitter survey on Oct. 26, Buterin quizzed…
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How Blockchain Can Help Doctors Take Better Care of You

Blockchain can help physicians better coordinate health care, letting them put patients back in the center of care. The current health care system — from its arduous processes to its lack of coherency — prevents doctors from providing patients with the best care and negatively impacts the care they already deliver. Medical professionals are burdened…
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How Can Blockchain Disrupt Supply Chains in the Fashion Industry?

The immutability of blockchain technology prevents fraud and improves traditional supply chains in the fashion industry. When receiving new shirts you’d bought online, or bought some jeans from one of the fashion stores on your street, the question that may have come to mind then was, how did these items get to be in my…
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Bitfinex Calls Itself ‘Victim of a Fraud’ in Response to Recent Arrest

Bitfinex argued that any allegation that Crypto Capital laundered any illicit funds upon request of Bitfinex is “categorically false.” Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange. Bitfinex will continue to recover lost funds Following the arrest…
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Tether Catching Up With BTC and ETH in Payments, Bloomberg Reports

Stablecoin Tether (USDT) has gained popularity as a payment method, catching up with Bitcoin and Ether according to a Bloomberg report. Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH). As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered…
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Bitcoin Price Skyrockets $500 in Minutes as Bakkt BTC Contracts Hit Highs

Bitcoin surged $500 in just five minutes today after experiencing a sharp drop on Oct. 23, from $7,950 to $7,450 and sitting at the position for two consecutive days. Bitcoin (BTC) surged $500 in just five minutes today after experiencing a sharp drop on Oct. 23, from $7,950 to $7,450 and sitting at the position…
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Wrapped Crypto Tokens, Explained

Zcash is wrapping their token on the Ethereum blockchain, and enthusiasts of both solutions will want to know the nuances to take advantage. What kinds of wrapped tokens are there? Because Ethereum is the biggest DeFi ecosystem, wrapped tokens are often those hosted on other blockchains but are also stablecoins that are pegged to the…
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