Posted Date: June 20, 2018
DECOIN’s 2nd pre-sale stage, featuring a 39% bonus, ends Friday, June 22nd.. A Community-Driven Development Solution DECOIN, a revenue-sharing exchange and trading platform, has a simple, albeit ingenious solution to the problems hampering cryptocurrency exchanges. They use proof-of-stake (PoS) as a means of validating DECOIN wallet transactions and sharing the value created by the exchange. Instead of requiring a MasterNode, users with a minimum amount of DECOIN are entitled to a proportionate return on their investment. The post PR: After a Sold-Out 1st Pre-Sale Stage, DECOIN Finishes Development of Blockchain Environment appeared first on Bitcoin News.

Posted Date: June 20, 2018
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News.

Posted Date: June 20, 2018
Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31.5 million USD) worth of cryptocurrencies vanished. Just a few hours later, the announcement was taken down, along with promises of compensation. At press time, it appears Twitter announcements of the heist […] The post Major Korean Crypto Exchange: $31 Million Vanishes appeared first on Bitcoin News.

Posted Date: June 20, 2018
US Senate candidate Austin Petersen revealed his campaign received, and promptly returned, a giant amount of bitcoin this week, as the donation ran afoul of financing laws. Leading candidate for the Libertarian Party’s national chair, Joshua Smith, has made cryptocurrency a key part of his platform heading into the convention. Candidate for congress, coder Brian […] The post Bitcoin More Influential in US Politics Than Ever appeared first on Bitcoin News.

Posted Date: June 20, 2018
Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. The company behind the Turkish token stopped distributing dividends earlier in June. […] The post Turcoin Ponzi Scheme Exposed, Founders Flee with Millions appeared first on Bitcoin News.

Posted Date: June 20, 2018
This week the Bitcoin Cash (BCH) community had found that two trademark filings for the phrase ‘Bitcoin Cash’ were registered with the United States Patent and Trademark Office (USPTO) over the past year. One trademark filing was registered with the USPTO on May 18, 2018, but the individual who registered it is an accused con-artist […] The post “I Am the Real Satoshi” Claims Hawaiian Man After Filing Bitcoin Cash Trademark appeared first on Bitcoin News.

Posted Date: June 20, 2018
There’s been a lot of controversy over the past few weeks stemming from the anonymous Twitter handle and co-owner of Bitcoin.org, ‘Cobra Bitcoin.’ The well-known BTC community member has been at the forefront of contentious subjects for many years now, and this week Cobra is claiming that one man has control of more than 51 […] The post The Anonymous Bitcoin.org Owner Accuses BTC Mining Pools of Centralization appeared first on Bitcoin News.

Posted Date: June 20, 2018
Cryptocurrency, a technology based upon principles of transparency, accountability, and censorship-resistance, is facing further censorship. Blogging service Medium joins a long list of platforms to have clamped down on crypto content together with Facebook, Google, and Mailchimp. As a service that’s meant to support free speech, Medium’s crackdown is all the more mystifying. Also read: Freedom […] The post Medium Is the Latest Platform to Start Censoring Crypto Companies appeared first on Bitcoin News.

Posted Date: June 19, 2018
South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto […] The post Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies appeared first on Bitcoin News.

Posted Date: June 19, 2018
On June 18 the non-profit organization the Freedom of the Press Foundation announced people can now donate five different cryptocurrencies to the organization that supports free speech, whistleblowers and the freedom of the press. The foundation details cryptocurrency donations in BCH, LTC, ZEC, ETH, and BTC will help fund the various projects that promote freedom […] The post Freedom of the Press Foundation Now Accepts Five Cryptocurrencies appeared first on Bitcoin News.