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Showing posts from March, 2019

Interesting-Paying Crypto Accounts Are This Year’s Leading Trend

2019 has witnessed a Cambrian explosion of crypto interest schemes. Previously, the only way to make a passive income on your cryptocurrency was through hodling and hoping it would rise in dollar terms, or to operate a masternode for a dubious altcoin. Today’s investors have it a whole lot easier thanks to a string of new savings programs that promise annual interest simply for locking up digital assets. Also read: This Photo Gallery App Is a BCH Light Wallet in Disguise Crypto Companies Are Borrowing From the Fiat Banking Toolbox Last week, Nexo became the latest crypto company to introduce interest to its customers, with the provision of up to 6.5 percent annually on stablecoins DAI, PAX, USDC, USDT, and TUSD. Interest will be compounded daily and funds will be protected by custodial insurance. Unlike most of the crypto interest schemes to have emerged this year, Nexo enables its clients to withdraw any amount of cryptocurrency at any time. As such, their crypto account essenti
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New BCH Apps and a Special Giveaway in This Week’s Video Update From Bitcoin.com

In addition to learning about the latest developments in the world of Bitcoin Cash, you can take part in a special giveaway in this week’s video news update from Bitcoin.com. Streamed live and hosted by Roger Ver, the weekly show is shared on Bitcoin.com’s Youtube channel every Sunday. Also Read: How to Print Your Own Bitcoin Cash Paper Wallet Watch Bitcoin.com’s Weekly News Update This week’s show features a special giveaway enabling viewers to win prizes such as hardware wallets, cool BCH t-shirts and other swag. To participate all you have to do is subscribe to the Bitcoin.com Youtube channel and leave a comment on the video regarding which Bitcoin Cash news item you are most excited about. 10 winners will be randomly selected by Wednesday and their names will be announced on next week’s show. Among the topics discussed this week are the launch of the Cashshuffle coin mixing protocol on Electron Cash, a new Simple Ledger Protocol (SLP) explorer that lets users browse tokens
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Cryptonaut Is an Easy to Use Portfolio Management App

Closely following market movements and price fluctuations is something every trader and investor in the crypto space must do in order to take advantage of opportunities and avoid losses. Cryptonaut is a portfolio management app that allows you to track your holdings in multiple cryptocurrencies. Also read: New Crypto-Friendly Banking and Payment Services Launch in the UK and Russia Application Tracks Thousands of Coins and Tokens The Cryptonaut mobile app, available for both Android and iOS devices, has gathered positive reviews thanks to its intuitive interface and smooth performance. It lets you add virtually any coin or token you can think of and track the value of your crypto holdings in a number of fiat currencies, including major ones such as the U.S. dollar, the euro, and the British pound, but also Indian rupee, Russian ruble, and Turkish lira among others. Price charts for different time periods – hour, day, week, month, and year – can be displayed in BTC and ETH as well.
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Indian Supreme Court Takes Too Long on Crypto Case – Another Exchange Shuts Down

The inaction of India’s supreme court to end the prolonged banking restriction has forced another cryptocurrency exchange to shut down. The exchange has given its users 30 days to withdraw funds at increased fees, prompting several other exchanges to offer to refund these fees for customers switching to them. Also read: Indian Supreme Court Set to Hear Crypto Case on March 29 Coindelta Shuts Down Indian crypto exchange Coindelta announced its service termination on Saturday. The exchange wrote, “we will no longer be able to provide exchange services for cryptocurrencies,” elaborating: The curb on the bank accounts by RBI has made us handicapped in order to provide seamless deposit and withdrawal services. There has not been any significant progress in the supreme court case which makes it difficult to predict when we will see the regulation. The central bank, the Reserve Bank of India (RBI), issued a circular in April last year banning banks from providing services to crypto bu
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The Darknet’s Largest Marketplace Is Closing – But a Replacement Is on Its Way

After more than five years of business, Dream is preparing to close its doors. The darknet marketplace (DNM) will shut up shop within a month, before relaunching under a new name and onion domain. The move has caused jitters within the darknet community, with buyers seeking reassurances that the site hasn’t been compromised by law enforcement. Also read: 6 Popular Darknet Marketplaces That Accept Cryptocurrency Dream Moves House to Evade the DDoSers In the post-Silk Road era, Dream has came to be known as the darknet’s most reliable marketplace, both in terms of uptime and vendor reputation. It appeared to be impervious from law enforcement and from hackers seeking to extort money from the marketplace. In the last few weeks, however, Dream has suffered from intermittent service, with a determined DDoSer knocking the site offline. In a post shared on Reddit-like darknet forum Dread, Dream admins explained they were being extorted for $400K by the DDoSer, who has persisted with his a
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Supercharge Your BCH Workflow With Bitcoin.com’s SLP and Badger SDKs

Last summer, Bitcoin.com launched a developer suite so Bitcoin Cash (BCH) programmers could have access to a slew of resources, tools, and software development kits (SDK). At the time, the web portal contained three key tools for blockchain programmers: the Bitbox SDK, REST, and the GUI platform. Now, Developer.Bitcoin.com hosts two more SDKs so developers can build applications with Badger Wallet and the Simple Ledger Protocol (SLP). Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Build Killer Apps With Bitcoin.com’s Developer Platform Bitcoin.com believes that BCH has the potential to change the world and provide people with economic freedom. On account of this conviction, our web portal provides resources, tools, and other helpful services so individuals and groups can dive right into this innovative industry that’s transforming our world. After providing a wide variety of resources for retail investors and newbies, last July we launched
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Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take advantage of the wet season in China. Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Antminer 17 Series Available for Purchase on April 9 Bitcoin miners will be interested in the latest rigs that will be sold in the near future by the industry’s leading manufacturers. On Friday, Bitmain announced a sale date so the public can purchase devices from the Antminer 17 series which include the Antminer S17 Pro, Antminer S17, and the Antminer T17. The rigs will be sold globally on April 9, and come packed with Bitmain’s newly improved second generation 7nm ASIC BM1397 mining chips. During the announcement, Bitmain’s pr
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New Crypto-Friendly Banking and Payment Services Launch in the UK and Russia

Two companies from different parts of Europe have recently announced new products that cater to the financial needs of businesses in the crypto industry. The services range from opening bank accounts to providing payment processing solutions. Developers say they will give crypto companies the peace of mind they need to focus on their core activities without having to worry about banking. Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry British Company to Open Bank Accounts for Crypto Businesses Coinacquiring, a London-based consulting firm, has announced it now offers help in opening “crypto-friendly bank accounts” for companies in the sector. The corporate banking assistance will expand its portfolio, which already includes another sought after service, fiat-to-crypto payment processing provided to merchants accepting digital currencies. The bank accounts will be available in multiple fiat currencies including British pound, euro, U.S. doll
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Book Flights and Hotels With BCH and 6 Other Coins at Bitcoin.Travel

The number of travel websites accepting cryptocurrencies has been growing with the popularity of digital coins. One well-established platform, Bitcoin.travel, now supports payments in seven cryptos, including bitcoin cash (BCH). Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry Travel Anywhere, Pay in Crypto Bitcoin.travel works with businesses from the travel industry willing to accept decentralized digital currencies for their services. On the platform, which is available in dozens of languages, users can search for flights, hotels and rentals offered by numerous partners around the world. Starting originally with BTC payments, the travel site has expanded the number of supported cryptocurrencies to seven. Currently, it can also process incoming transactions in bitcoin cash (BCH), ethereum (ETH), ethereum classic (ETC), litecoin (LTC), dash and dogecoin. Travelers can book a desired destination, accommodation or other service using their
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How India’s Election Could Impact Crypto Regulation

India’s impending general election could affect the government’s process of regulating the crypto industry. A local lawyer has explained to news.Bitcoin.com how the election can impact regulations. According to the Indian Election Commission’s code of conduct rules, no new law can be passed during the election. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Election Could Delay Crypto Regulation India’s general election is approaching with the voting due to take place in seven phases between April 11 and May 19. The results will be announced on May 23. Explaining how the election could have an impact on crypto regulation in India, Varun Sethi, founder of Blockchain Lawyer, told news.Bitcoin.com Saturday: During election time in India, ‘aachar sanhita’ or code of conduct applies. Thereby no new law can be passed. Thereby we do not expect government to officially announce any regulation regarding cryptos or others. Sumit Gupta, CEO of local crypto
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What Article 13 Means for the Cryptocurrency Industry

First they came for our privacy. Then our data. Finally they took our memes. If the more hyperbolic headlines are to be believed, the EU’s ratification of the controversial Article 13 copyright law will have repercussions for purveyors of highly shareable online content. The reality is less draconian. Nevertheless, Article 13, coupled with last year’s GDPR laws, has ramifications for all tech companies, blockchain projects included. Also read: Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Article 13 Passes But Memes Earn a Reprieve The European Union’s General Data Protection Regulation (GDPR) law, described as “the most important change in data privacy regulation in 20 years,” received a mixed reaction upon its introduction last year. Within the cryptocurrency industry, the fallout was limited to a handful of projects that bowed out rather than accede to the incoming regulations. As hybrid blockchain company LTO Network noted , GDPR posed “an even
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Community-Run Directory Surpasses 1000 BCH-Accepting Merchants

The number of merchants accepting bitcoin cash (BCH) is growing. According to a community-curated website, there are over 1,000 BCH-accepting merchants, grouped into over 40 categories. The site also separately lists organizations that accept BCH donations. Also read: Indian Supreme Court Set to Hear Crypto Case on March 29 Directory of 1061 Merchants Accept Bitcoin Cash is a community-curated directory of merchants that accept BCH. It currently lists 1,061 merchants as accepting bitcoin cash for products and services and 61 organizations as accepting BCH donations. The main directory has 1,039 BCH-accepting merchants, divided into 41 categories such as accommodation, art & design, banking, cloud computing, communication, crowdfunding, crypto exchanges, developer, domains, education, entertainment, food, gambling, gaming, IoT, legal, mining, payments, and security. Organizations that accept crypto donations and merchants offering adult products or services are listed separa
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