Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly
Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust […]
The post Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly appeared first on Bitcoin News.
The Iranian Government Is Preparing to Launch Its Own Cryptocurrency
The government of Iran is preparing to launch its own cryptocurrency, according to state-controlled media reports. The intended purpose of the new Iranian govcoin is to help the country skirt the international financial sanctions meant to cut its access to the global economy. Also Read: The Daily: Skrill Launches Crypto Trade, Luxury Market Reaches $100M […]
The post The Iranian Government Is Preparing to Launch Its Own Cryptocurrency appeared first on Bitcoin News.
Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada
In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […]
The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News.
Dispute Erupts Over the Ownership of Bitcoin.org
Bitcoin.org, the first bitcoin website ever created, is at the center of a new dispute. Since being established by Satoshi Nakamoto and Martti Malmi, long before the world had ever heard of bitcoin, the site has changed hands and roles a number of times, whilst still serving as a primer on bitcoin core. Now, moves […]
U.S. Regulations Round-Up: CFTC Can’t Keep Pace with Crypto, Libertarian Candidate Accepts Bitcoin Donations
In recent regulatory news, the CFTC chairman has warned that the regulator is falling behind its international counterparts with regards to virtual currency and blockchain regulations; a U.S. Congressional bill is advocating the incorporation of cryptocurrencies into the regulatory mandate of FinCEN; and a candidate of the Wisconsin Libertarian Party is accepting donations in the […]
Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee […]
The post Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending appeared first on Bitcoin News.
Bitcoin Unlimited Merges Graphene Block Propagation Technology
Over the past week, Bitcoin Cash (BCH) proponents have been discussing ideas like pre-consensus and faster block times. Now, on July 25, the Bitcoin Unlimited (BU) development team has announced merging a block propagation concept called ‘Graphene’ into the BU client. Graphene is a technology that is a fraction of the size of current methods […]
The post Bitcoin Unlimited Merges Graphene Block Propagation Technology appeared first on Bitcoin News.
Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says
A new Venezuelan fiat currency, ‘anchored’ to the nation’s crypto, the Petro, is expected to start circulating in the second half of August. The news was announced by president Maduro himself, along with other measures intended to improve the economic situation in the country. The ‘Sovereign Bolivar’ will have less zeros than the inflated ‘Strong […]
The post Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says appeared first on Bitcoin News.
PR: 1+1>2 – Justin Sun Acquired BitTorrent
Few people know about the two failed attempts made by BitTorrent, former P2P leader, to transform itself into a media company after its decline from the height of BT download. Obviously, though once a technological game-changer, BitTorrent is no longer a favorite of the Internet industry. Its rebirth backed by Tron drew a period to its past decade of adversity. Now in a new jack of the classical Internet, Tron is also turning a new page.
A week before Tron's mainnet launch, the news that Justin Sun and his blockchain startup acquired the developer of BitTorrent, a decentralized P2P protocol, for USD$140 million drifted across the Pacific. For a long time, BitTorrent has been looking for a buyer. It finally made the decision to join Tron, a star project in the rising tide of blockchain technology.
Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation
The BTC markets have gained approximately 30% in two weeks, with prices currently sitting at $8,300 USD after roughly 48 hours of consolidation above $8,000. After producing gains against the dollar, many other leading cryptocurrency markets have continued to produce inverse correlation when measured against BTC. Also Read: Japanese Crypto Exchanges Working on Lowering Margin Trading […]
The post Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation appeared first on Bitcoin News.