Cryptocurrency markets have had a rough week over the last seven days as many digital assets lost quite a bit of value that most coins had gained two weeks prior. Currently, markets are seemingly consolidating and have remained somewhat stable over the last 24-hours. At the moment Bitcoin Core (BTC) values have been hovering around … Read more
The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 3 The Centralization of Crypto and the Banality of Evil First we must realize that all actions are performed by individuals… If we scrutinize the meaning of the various actions performed by individuals we must necessarily learn everything about the actions … Read more
The Japanese tax authority has for the first time revealed the number of high-income taxpayers who declared cryptocurrency profits in the year 2017. Out of the total number of taxpayers with miscellaneous income of 100 million yen or more, excluding public pension, 60% of them reported income from crypto transactions. Also read: Yahoo! Japan Confirms Entrance … Read more
This week, a number of companies listed on the Tokyo Stock Exchange revealed their plans to enter the crypto exchange business for the first time. They include one of the most popular budget-managing app operators, an entertainment conglomerate, one of the largest music labels, and a medical corporation. These corporations join other public companies that previously … Read more
An initiative to erect a monument of Satoshi Nakamoto in Ukraine’s capital is gaining momentum and support. The idea is to place the statue right where the red Karelian stone figure of Lenin used to stand, before it was taken down almost five years ago. The project is said to be part of a global … Read more
Lead scientists behind privacy tech zk-starks have started a business providing the solution to blockchains in exchange for tokens.
While there is tremendous promise for the tech, blockchain must evolve substantially to meet the unique demands of the internet of things.
The Monetary Authority of Singapore (MAS) has warned eight unnamed digital token exchanges against engaging in the unauthorized trading of securities or futures contracts without permission. The MAS has also warned an initial coin offering (ICO) issuer to stop offering digital coins in Singapore. Also read: UNOPS and IOTA Sign MOU for Services Agreement Join the Bitsonline … Read more
A new report claims that cryptocurrency exchange Bitfinex found a new bank in Puerto Rico last year and relied on a Panamanian financial institution to provide liquidity for fiat currency transfers. The news partially opens the lid on Bitfinex’s financial dealings, which have historically been opaque. Also read: So DOJ Is Investigating the Crypto Space – What … Read more
Verge, Monacoin, Bitcoin Gold, and several other altcoins have been sucessfully 51 percent attacked over the last few months. The episodes have lead to massive inflation worth millions on the more successful chains. Many are framing these crypto attacks with proof-of-work at fault, claiming that the trustless validation technology is flawed because larger networks make … Read more