Posted Date: September 3, 2018
Just recently we reported on new information concerning the hunt for Satoshi Nakamoto. Following a summary of suspects, we ended the report with the first part of an interview with a man who believes he was a member of the Satoshi Nakamoto group. Unfortunately, Phil Wilson, the man who says he was an original Satoshi […] The post New Satoshi Challenger Tells All — But Is He Legit? appeared first on Bitcoin News.

Posted Date: September 2, 2018
The petro has stirred up a lot of debate among the cryptocurrency community, with some people who believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions, while others see it as a scam by a corrupt government that already inflicted economic calamities, such as hyperinflation, against […] The post Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It Up appeared first on Bitcoin News.

Posted Date: September 2, 2018
The commissioners of a public utility district in central Washington State have unanimously approved a rate hike for cryptocurrency miners. The utility serves over 46,000 customers throughout the county. The cost increase starts at 15 percent beginning next year, 35 percent the following year, and 50 percent thereafter. Also read: 160 Crypto Exchanges Seek to Enter Japanese […] The post 50 Percent Energy Rate Hike for Crypto Miners Approved in Central Washington State appeared first on Bitcoin News.

Posted Date: September 2, 2018
The number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year. […] The post The Daily: Asian Crypto Jobs on the Rise, Colombia to Cut Taxes for Crypto Firms appeared first on Bitcoin News.

Posted Date: September 2, 2018
A South Korean lawmaker has reportedly proposed designating a regulation-free special cryptocurrency zone aimed at initial coin offerings. It has been about a year since token sales were banned in the country but the government has yet to introduce any guidelines for them. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Proposal […] The post South Korean Lawmaker Proposes Special Crypto Zone for ICOs appeared first on Bitcoin News.

Posted Date: September 2, 2018
Bitcoin Cash’s (BCH) troll slayer Derek Magill is back at it, and this time he’s facing down a pretty fierce opponent. Saifedean Ammous’s The Bitcoin Standard is hardcore maximalist argumentation for the supremacy of bitcoin core (BTC) as a cryptocurrency and world settlement commodity. While good people can differ on Mr. Ammous’s views, the BCH […] The post The Bitcoin Standard: BCH Troll Slayer Faces BTC’s Angriest Man appeared first on Bitcoin News.

Posted Date: September 2, 2018
On September 1, 2018, the Bitcoin Cash (BCH) network was put to the test as BCH proponents flooded the mempool with millions of transactions over the last day. According to statistics during the last 24-hours, BCH miners have processed over 2 million transactions so far and the Stress Test Day is still not over. Also […] The post Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-Hours appeared first on Bitcoin News.

Posted Date: September 2, 2018
Law enforcement officials in Russia have seized 22 BATMs installed at stores and restaurants in 9 different cities. The confiscation has been carried out on orders from the Prosecutor’s Office and the Central Bank, local media reported. The operation of crypto teller machines in the country is currently unregulated.   Also read: Kiev’s Bessarabsky Market […] The post Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities appeared first on Bitcoin News.

Posted Date: September 2, 2018
Mitsubishi UFJ Financial Group, one of the world’s largest financial groups, has been experimenting with using its own cryptocurrency, the Mufg coin, for payments at a convenience store for employees. This week, a local publication reported on the progress of the experiment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Payments at Convenient Store Mitsubishi […] The post Japan’s Largest Bank Experiments Using Own Crypto at Convenience Store appeared first on Bitcoin News.

Posted Date: September 2, 2018
The Golix bitcoin ATM took on obvious importance when it was first introduced in the Zimbabwean capital Harare, early April. In a country without a currency of its own, where conventional automated teller machines (ATMs) have become useless due to a severe cash crisis, the bitcoin machine was seen as the new gateway to faster […] The post As Zimbabweans Struggle For Cash, Even The Country’s Only Bitcoin ATM Has Run Dry appeared first on Bitcoin News.