Starbucks will not accept Bitcoin

No coffee for Bitcoin, Starbucks says

On August 3, Starbucks, Microsoft, and Intercontinental Exchange announced a new cryptocurrency venture known as Bakkt. Bakkt is a global ecosystem for digital assets designed to allow individuals, as well as institutions to buy, sell, and spend digital assets on a unified network. Nevertheless, the media was quick to jump...

World’s first digital currency ‘cold storage’ to launch in Dubai

Regal RA DMCC, one of the biggest gold investment and trading firms in Dubai, will be the first company in the Middle East to get its license to trade cryptocurrencies. The company stated that it will also launch the world's first 'cold storage' vault which will allow investors to...

G20 countries commit to regulating cryptocurrencies according to FATF standards

All G20 countries have signed a joint declaration in Buenos Aires in which they promise to adhere to the Financial Action Task Force (FATF) standards for regulating and combating the use of cryptocurrencies for financing terrorism and money laundering. According to a Saudi Gazette...

CryptoTaxMap.org launched, shows cryptocurrency taxation worldwide

Cryptocurrency's recent increase in popularity has also placed it on the radar of worldwide governments when it comes to paying taxes. It's true, we're far from having stable crypto regulations but the effort of refining them is only growing. CryptoTaxMap.org is a new interactive map that aims to remove them...

World’s first crypto ETP launched in Switzerland

The SIX Swiss Exchange, Switzerland's main stock exchange will list the world's first multi-crypto based exchange-traded product (ETP) this week, according to a report from the Financial Times. The Amun Crypto Exchange Traded Product (ETCP) is the world's first of its kind and half of its assets will be invested...

Korean lawmaker committed to end the ICO ban

Last September, the Korean government decided to ban ICOs, choosing to view them as a form of fraud, gambling, or speculation. Safe to say, local blockchain startups were not thrilled of the decision and Korean lawmakers from the opposition party are decided to make the legalization of ICOs possible. The...

Carrefour European supermarket giant joins IBM Food Trust blockchain project

Yesterday, October 8, IBM launched IBM Food Trust, a food-tracking blockchain project in collaboration with European hypermarket chain Carrefour. While the project includes numerous small and medium-sized businesses (SMEs) in the food industry, Carrefour's participation will likely draw in more enterprises. Currently, the European supermarket giant has over 12,000 stores in...

Lenovo applies for a blockchain verification patent

On 15 February, the U.S. Patent and Trademark Office (USPTO) published an official application by the Chineese technology company Lenovo. The new patent describes a new verification and validation system using the blockchain technology. The filled patent shows the usage of a "security blockchain" to verify the validity of physical documents...

Indian official recommends a ban on ‘private crypto’ prior to Supreme Court Decision

According to a report published by the Indian Government Press Center on Oct. 31, Shri Subhash Chandra Garg, India's secretary of Economic Affairs has suggested the country's Ministry of Finance to force a ban on "private cryptocurrencies". A meeting regarding India's current economic and financial situation held by the Financial...

Binance to launch its own blockchain soon

Binance CEO, Changpeng Zhao recently revealed that the cryptocurrency exchange will launch its own public blockchain in "a couple of months or so". Zhao made the announcement during the Forbes Asia Forum: Decrypting Blockchain and it seems like the company's public blockchain is called...

Bittrex crypto exchange adds Ethereum Classic and Ripple (XRP) trading pairs

Yesterday, Bittrex crypto exchange and wallet service officially announced their plans to launch U.S. dollar trading pairs for two new cryptocurrencies. According to the announcement, the exchange will launch U.S. dollar markets for Ethereum Classic (ETC) and Ripple (XRP). The two new trading pairs will be added to the existing...

Bitmain’s AntPool activates questionable AsicBoost hack for faster Bitcoin mining

AntPool, Bitmain's mining pool is suspected of activating a questionable method of increasing Bitcoin mining efficiency, known as AsicBoost. The "hack" is expected to increase mining efficiency as much as 20% and the controversy stems from the fact numerous developers consider it to be damaging to the Bitcoin network. As...

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