Wednesday , 22 November 2017

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Cryptocurrencies will not be legalized in Russia

Russia’s regulatory position regarding cryptocurrencies has changed significantly in recent years, with the country frequently oscillating between prohibitive and permissive leanings. In recent months, the Russian state has increasingly spoken in favor of bitcoin mining, expressing its desire to overtake China’s dominance in the global mining industry. Regarding trading, the deputy finance minister has recently reaffirmed that “people can be …

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Tether claims $31 million of USD Token were stolen by hacker

According to a post on its website, Tether has experienced a substantial hacking event, with a loss of over $30 mln from the Tether Treasury account. The loss was discovered when the tokens were sent to an unauthorized Bitcoin address. According to the post, Tether is taking all possible action to prevent further disruption, saying: “Yesterday, we discovered that funds …

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Hundreds of Bitcoin Cash are stuck in Segwit addresses

When bitcoin forked leading to the creation of bitcoin cash, woeful tales of funds sent to the wrong chain abounded. Hundreds of thousands of dollars worth of BCH is languishing in segwit addresses. The funds were mistakenly sent there by users who have no easy way of differentiating segwit and non-segwit addresses. Retrieving the funds is difficult, but not entirely …

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Bitcoin wallet Blockchain will add support for Bitcoin Cash

Bitcoin wallet service Blockchain revealed plans for bitcoin cash and SegWit support. The company says that it will add full support for bitcoin cash across all its platforms by the end of Q1 2018. It is also working on integrating SegWit support in its wallet products. Blockchain made the announcement in a blog post, explaining that it believes bitcoin cash …

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Ethereum plans to launch first Casper testnet

During a core developer meeting today, ethereum founder Vitalik Buterin said that not only is Casper ready to be tested, but that it could provide a security boost when testing code across clients. It’s a prospect that could come as a relief to developers, particularly those working on projects that must interface with the network’s varied client offerings. This is …

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Visa has rolled out the first B2B payments service

First announced last year, Visa plans to use the platform to ease cross-border payments by facilitating direct payments between institutions, cutting out the middleman the industry currently relies on. The platform – developed with the assistance of blockchain startup Chain – is also designed to ensure secure, yet transparent payments between enterprises. Already working with Visa on the project are …

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Segwit2x nodes stall running abandoned Bitcoin code

While SegWit2x had been “called off” by its leading advocates last week, but as many as 150 nodes still running its code have stopped accepting transaction blocks, leaving the door open that the fork could proceed anyway. Data from Bitnodes shows that 95 nodes are currently running 2x software and are stuck at block number 494,782. CoinDance, another network data …

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YouTubers can earn Brave’s Browser Tokens

Today was released the version 0.19.x, the ad-blocking browser built by Mozilla co-founder and Javascript creator Brendan Eich, which now allows automatic and anonymous cryptocurrency donations to individuals on YouTube, an expansion of its service which before now was limited to domain-level projects. With Brave’s update, however, views of YouTube videos no longer count toward Google’s page views. Instead, the …

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Ethereum’s price crosses $330

Ethereum gained the upper hand against the dollar Tuesday, rising to its highest level in a month as prices overcame a series of technical hurdles. Ether rose sharply in early-week trade, as the bulls overcame a difficult trading range en route to new monthly highs. ETH/USD broke above a series of technical hurdles, including $315 and $325, to reach its …

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Chinese mining crackdown

The cryptocurrency space has grown accustomed to the words “Chinese crackdown” being appended to one another. This year they’ve already been applied to ICOs and exchanges within the country, and it is no secret that the government isn’t enamored with mining either. According to Beijing’s Caijing magazine, Sichuan Electric Power Company had issued a statement deeming Bitcoin mining illegal in …

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