Smartbtc Sees the Need for Centralized Python-Based Smart Contracts

Smartbtc Sees the Need for Centralized Python-Based Smart Contracts

Technology Just recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was met, Smartbtc’s Python contract executed on February 19. […]

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South Korea Regulator Seeks Cryptocurrency ‘Normalization’ in Dramatic U-Turn

South Korea Regulator Seeks Cryptocurrency ‘Normalization’ in Dramatic U-Turn

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. In a complete turnaround, South Korea’s financial regulator and watchdog has bullishly called for the development and ‘normalization’ of cryptocurrencies in the country. A month after widespread whispers of a possible ban on cryptocurrency trading in South Korea, local adopters, investors and […]

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Italy Completes Consultations on Registration of Crypto Companies

Italy Completes Consultations on Registration of Crypto Companies

Regulation Public consultations on a new regulatory regime for crypto companies in Italy are now closed. Interested parties were invited by the Ministry of Economy and Finance to share suggestions and comments on a draft decree introducing registration and reporting requirements in the sector. The new set of rules will come into force within 3 […]

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California Millennial Assembly-Member Pushes Bill to Recognize Blockchain

California Millennial Assembly-Member Pushes Bill to Recognize Blockchain

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The bill on electronic records would advance blockchain use for smart contracts and electronic signatures in the state.  Assembly-member Ian Calderon (D-Calif.), the maiden millennial elected to the state’s legislature at 27 years old (he’s now in his early 30s), launched California Assembly Bill […]

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PayPal executive says there is a 'very high probability' of …

PayPal Chief Financial Officer John Rainey spoke positively about the use of Bitcoin (BTC) as a future popular option for payments during an interview with The Wall Street Journal (WSJ) published on Monday, February 19. In a section of the interview titled “The cryptofactor,” Rainey said PayPal was one of the first companies to accept […]

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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Now Available

Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Featured Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The […]

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A Bitcoin miner caused interference in the wireless network of ...

A Bitcoin miner caused interference in the wireless network of …

The mining of cryptocurrencies continues to show its scope. A New York resident had to shut down his Bitcoin miner by order of the Federal Communications Commission of the United States (FCC) after discovering that it had caused interference in the towers of the T-Mobile's wireless network. After receiving a complaint from T-Mobile last November […]

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ICOs Have Raised $2 Billion This Year – Mostly from Private Sales

ICOs Have Raised $2 Billion This Year – Mostly from Private Sales

Crowdfunding Despite the quality of this year’s initial crowd offerings being patchy at best, investors’ appetite for them remains unsated. $2 billion has been raised already, placing 2018 on course to comfortably surpass 2017’s total of $5.7 billion. But with the structure of these sales now geared increasingly towards private investors, the public have been […]

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Bitcoin exceeds the threshold of US $ 11,000 and adds four days of ...

Bitcoin exceeds the threshold of US $ 11,000 and adds four days of …

By Bloomberg The largest cryptocurrency was up 11% at US $ 11,200 at 11:51 a.m. In New York. That took its advance to 57% from February 6, when it started to rebound from a 200-day moving average, according to prices compiled by Bloomberg. Bitcoin outperformed its closest rivals, Ripple, Ethereum and Litecoin, which advanced less […]

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Bitcoin exceeds US $ 11,400 and is located at mid-high ...

Bitcoin exceeds US $ 11,400 and is located at mid-high …

PULSE                      02/20/2018 An important advance registers the bitcoin during the first operations of the morning leaving behind the stagnation that lived at the beginning of the year. After 10 o'clock in the morning, the cryptocurrency rose 3.22% compared to the close of yesterday , trading at US $ 11,437, its highest value since mid-January. […]

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SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

Finance SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards. Also Read: Indians Look to Buy […]

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Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?”

Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?”

News One of the most intriguing things about the cryptocurrency space is the diverse, eclectic, and often eccentric characters it attracts. Everyone from Wall Street brokers to cypherpunks and from industrialists to anarchists can be found staking their claim in the fledgling crypto economy and saying their piece. In a recent interview, venture capitalist Tim […]

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US Federal Authorities Arrest Man for Selling 9.99 Bitcoin

US Federal Authorities Arrest Man for Selling 9.99 Bitcoin

Regulation If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case. Also Read: Cryptocurrency Regulator Found Dead at His Home in […]

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SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges. In its announcement, Bitfinex stated, “The SegWit implementation means Bitfinex users can benefit from lower BTC withdrawal fees (approximately 15 percent) and improved processing […]

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'Bitcoin', the fashionable name for pets

'Bitcoin', the fashionable name for pets

Chloe Bryan, web culture reporter at the Mashable website, stalked different social media accounts for canines with strange or unusual names. Among the most controversial names is Bitcoin, that's right, just like the famous cryptocurrency. For some reason, some people have researched the look and personality of their pets and have thought: “This dog should […]

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South Korean Regulator Supports

South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions

Regulation The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Supporting ‘Normal’ Crypto Transactions The director […]

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Lithuania’s Central Bank Investigates 100 Million Euro Bankera ICO

Lithuania’s Central Bank Investigates 100 Million Euro Bankera ICO

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Lithuania’s central bank has launched an investigation into a domestic initial coin offering (ICO), which it says has violated the country’s securities laws. According to a statement dated Feb. 15, the Lietuvos Bankas has opened a probe into blockchain financial services startup […]

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SegWit gets its big debut since the latest version of Bitcoin …

The new core version of the Bitcoin Core client, released for public release on February 15, includes full Segregated Witness ('SegWit') support for the first time, among a number of other updates. The description of Bitcoin Core 0.16.0 on Github promises “new features, various bug fixes and performance improvements” whose SegWit support is the featured […]

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