New York Report Points to Improvement Areas for Crypto Exchanges
The New York Attorney General’s office published a report this week that investigates the practices of cryptocurrency exchanges in the state. It was undertaken on the basis of protecting and informing residents, with evidence conclusively pointing to areas that exchanges need to improve in order to ”ensure the fairness, integrity, and security of their exchanges”. The ten […]
BitcoinNews.com Daily Podcast, 20th September 2018
Listen to the 20 September 2018 BitcoinNews.com Daily Podcast below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1388085/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-8-20%2F4699183-44100-2-a22334890a2d8.mp3″] On this edition of the BitcoinNews.com Daily Podcast, we discuss the new Proof of Life technique which sent a completely off-grid crypto transaction with a solar panel and shortwave radio. Hear about how New York University is offering the first crypto and blockchain […]
Crypto Pioneer David Chaum Builds Super Fast Blockchain Platform
Crypto guru and pioneer David Chaum is launching his own platform which he is promising will be able to process thousands of transactions a second. The new platform named Elixxir will not only outpace Bitcoin, said Chaum at the Consensus conference in Singapore last week, but will allow digital cash to be traded at a […]
Hong Kong Firm Launches Stablecoin, Defying China Ban
A Hong Kong-based blockchain investment firm is planning to launch a new stablecoin backed by the Japanese yen. The company, Grandshores Technology Group, will launch the funding round in late 2018 or early 2019. Despite the optimism of the group’s founding partner Yongii Yao, there is concern among possible investors due to China’s continued scathing […]
Europol: It’s Cash that Funds Terrorism
A 72-page long report recently published by Europol has clarified that it is conventional banking which is the primary source of terrorist funding such as the recent attacks on European cities. The report explains that such outrages are financed through cash as it is a tried and tested form of funding. Finding an alternative source, […]
Developer Claims First Off-Grid Crypto Transaction with Proof of Life
Crypto developer Daniel Jones claims to have performed the first completely off-grid cryptocurrency transaction using a solar panel for energy, shortwave radio to send the signal, and a portable hard drive. Jones calls this new method Proof of Life, and it could have beneficial applications during disasters when internet and electricity grids go down. It […]
New York University Launches First Crypto Major Program in US
New York University has become the first college in the United States to offer a cryptocurrency and blockchain major. This is a milestone for Bitcoin, crypto, and blockchain, especially considering this technology was non-existent only ten years ago. The crypto and blockchain major will be offered by the Stern School of Business. Adjunct Professor Andrew […]
International Bank Wire Fees 65,000% Costlier Than Bitcoin
International bank wire fees are 65,000% costlier than a Bitcoin transaction, according to MyBankTracker, which averaged the fees of 18 banks in the United States. Domestic wire transfers within the United States are 42,000% costlier than a Bitcoin transaction. As of this writing on 19 September 2018, Bitcoin’s transaction fee averages to USD 0.10, which is […]
Switzerland, Israel Share Blockchain Regulatory Experiences
Switzerland and Israel have agreed to share their experiences in regulating the blockchain industry as part of a deal that will open up access to Swiss banks in Israel. Negotiating terms During a trip to the middle eastern country, Switzerland’s Minister of Finance Ueli Maurer and State Secretary for International Financial Matters Joerg Gasser discussed terms […]
Bitcoin Core 0.16.3 Includes Double Spend Critical Bug Fix
The newest version of the primary Bitcoin wallet software, Bitcoin Core 0.16.3, has been released as of 18 September 2018. This new version eliminates a critical double spend bug that had the potential to crash all Bitcoin Core versions that have the bug. Bitcoin Core is the wallet software used to run 94% of Bitcoin’s […]
