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...

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...

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...

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...

Ethereum Constantinople hard fork release date set for January 2019

Last month, an initial test of Ethereum's Constantinople hard fork uncovered some consensus issues during its testnet deployment. For this reason, the hard fork which was earlier scheduled for this month will apparently launch on the 16th of January 2018. The new release date was announced on Friday, November 9th during...

Bitbox crypto exchange soon to list Gemini Dollar (GUSD)

The Gemini Dollar (GUSD) will soon be listed on Bitbox, an encrypted crypto exchange platform, according to an official announcement form Gemini, a digital asset exchange. Gemini launched GUSD on September 10th, and the new currency is the world's first regulated stablecoin that finally makes US dollars available on the blockchain. One...

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...

IBM Thailand advertises blockchain and AI, plans to create local sales hub

According to a report from The Bangkok Post, IBM's Thai branch will promote blockchain and artificial intelligence with the goal of making Thailand a regional sales hub. The tech giant will collaborate with Bank of Thailand to promote the blockchain. According to a recent survey conducted by IDC-IBM, it seems...

Circle Invest app rolls out “Collections” for easier crypto investment

Circle Invest, the crypto investing app officially announced yesterday, Oct. 4, they rolled out three more collections of cryptocurrency assets. The app's successful 'Buy the market' feature had all listed assets grouped in a single place so people can purchase them with a single tap. The update brings three more...

Monero fees drop by 97% after ‘Bulletproofs’ upgrade

Last Thursday Monero's blockchain went through the system-wide upgrade known as "Beryllium Bullet". The update to v.0.13.00 slightly altered the consensus mechanism of the blockchain to ensure the network's ASIC resistance following the sudden appearance of CryptoNight ASICs that nearly eliminated GPU-focused Monero miners while also causing concerns for a...

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