North Korea is reportedly in the early stages of developing its own Bitcoin-like cryptocurrency to avoid international sanctions. A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency. North Korea trying to evade international sanctions On Sept. 18, Vice news reported that the Democratic […]
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American e-commerce giant Overstock is working on the liberalization of its planned digital dividend shares trading. American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As […]
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BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system. Bobby Lee — co-founder and former CEO of China’s first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during […]
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A new lawsuit over memoir sees the threat of Washington confiscating Snowden’s funds, a problem he suggests Bitcoin could fix. Whistleblower Edward Snowden has hinted he might place his wealth in Bitcoin (BTC) to avoid the United States government confiscating the funds. Snowden: Lawsuit is “good for Bitcoin” In a tweet on Sept. 17, Snowden, […]
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The European Space Agency has awarded a €60,000 grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet. The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet. According to an announcement published on Sept. 18, the new grant comes […]
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Performance claims of Hedera’s “third-generation” distributed ledger being called into question, what is the protocol really capable of? Hedera Hashgraph, a decentralized public network targeting enterprises and claims to be capable of processing 10,000 cryptocurrency transactions per second (TPS), has publicly launched its beta mainnet this Monday. Despite the project’s governing council attracting membership from […]
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A smartphone-focused cryptocurrency network created by a group of Stanford graduates has amassed over half a million users. A smartphone-focused cryptocurrency network created by a group of Stanford graduates has amassed over half a million users. The Stanford Daily reported on Sept. 16 that the project — dubbed the Pi Network — has consolidated its […]
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Two threat analysts recently stumbled upon Skidmap, new Linux malware that keeps its cryptocurrency mining operations hidden. Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden. On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they […]
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Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether. Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH). Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept […]
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The percentage of Segregated Witness-spending Bitcoin transactions has reached an all-time high of 50.5%. The percentage of Segregated Witness (SegWit)-spending Bitcoin (BTC) transactions has reached 50.5%, or an all-time high, according to transactionfee.info statistics. SegWit solution to Bitcoin transactions SegWit is a proposed update to the Bitcoin Core, which is designed to reduce processing and […]
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