() () () () () () () () () () () () () () () () () () () ()

Archive for January 2018

Ranging Reactions to Facebook Cryptocurrency Ad Ban

15031

Facebook users will no longer be bombarded by cryptocurrency, initial coin offering and Bitcoin adverts on the social media platform. The company has instituted an all-out ban on cryptocurrency, ICO or Bitcoin adverts – citing “financial products and services frequently associated with misleading or deceptive promotional practices.” Unfortunately, legitimate financial service providers will also be…

Read More

South Korean Court Rules Bitcoin Has Economic Value – Bitcoin News

South Korean Court Rules Bitcoin Has Economic Value

Featured A South Korean court has ruled that bitcoin has an economic value for the first time. This overturned an earlier court ruling which did not recognize the digital currency. The case involves the confiscation of 191 bitcoins. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin’s Status Re-Examined…

Read More

The New Normal: Whose Economy Is Stronger?

The New Normal: Whose Economy Is Stronger?

5 min read  Forex markets continue their tug-of-war as new data perpetuates a new paradigm in which trader’s gamble on whose economy is stronger. Unlike past years, even up until very recently, markets were driven by whose economy was weaker, whose economy was getting the most QE and which central banks were the most dovish.…

Read More

Bitcoin Tax Payments Bill Advances in Arizona – CoinDesk

Bitcoin Tax Payments Bill Advances in Arizona - CoinDesk

Lawmakers in Arizona have advanced a proposal that would allow residents in the state to pay their taxes in bitcoin. CoinDesk reported earlier this month that a proposed law before the Arizona legislature would, if approved, let taxpayers make their payments in bitcoin or other cryptocurrencies. The bill was submitted on Jan. 9. “The Department…

Read More

South Korea Finance Minister Confirms ‘No Ban’ On Cryptocurrency

15020

South Korea Finance Minister Kim Dong-yeon has reaffirmed that the government will not ban or otherwise “suppress” cryptocurrency in the country, according to a statement reported by Reuters today, Jan. 31. In the latest update to the country’s ongoing regulatory overhaul of cryptocurrency exchange, Kim firmly distanced Seoul from previous comments about a potential outright…

Read More

Crypto Exchange Bittrex Outlines Token Listing Criteria – CoinDesk

Crypto Exchange Bittrex Outlines Token Listing Criteria - CoinDesk

Seattle-based cryptocurrency exchange Bittrex has today made public its criteria for listing and delisting tokens. Bittrex chief executive Bill Shihara had already provided some details of the exchange’s decision-making process during a panel at CES 2018, saying the company looks at whether a token is innovative, the team that developed it and its compliance with…

Read More

Blockchain Platform to Offer Effective Identity Management and Enhance KYC Procedures

15016

Blockchain technology has enabled the possibility of data control and proper identity management by their real owners. It is this technology that Persona, a start-up, has employed in order to ensure that users achieve hassle-free identity management, signing-on for all websites through its single channel. Hosting individual data using the Persona platform could offer individual…

Read More

Crypto Analysis: Tron Lost 13.5% in Last 24 Hours

Crypto Analysis: Tron Lost 13.5% in Last 24 Hours

6 min read  The cryptocurrency market is enduring another pullback. Lately, the dominance of the bears has become a major obstacle. The total market cap of cryptocurrency market has now dropped to $509 billion, a poor number when compared to its apex value at above $800 billion last month. DASH When introduced in 2014, DASH,…

Read More

Samsung Is Now Building Bitcoin Mining Chips, Report Says – CoinDesk

Samsung Is Now Building Bitcoin Mining Chips, Report Says - CoinDesk

Samsung has started mass producing application-specific integrated circuit (ASIC) mining chips in partnership with an unidentified Chinese mining company. The news was reported by South Korean news outlet The Bell yesterday, citing unnamed Samsung officials as its source. Samsung was slated to start mass producing the ASICs this month, for distribution by the Chinese firm,…

Read More