Posted Date: November 28, 2018
A large commercial bank in Nigeria has threatened to shut down an undisclosed number of cryptocurrency-related accounts without explanation. Lagos-based Union Bank claims that any decision to do so would be in line with the Central Bank of Nigeria’s (CBN) past warnings about cryptocurrency trading. Also read: Malaysian MP “Concerned About Threat” From Cryptocurrencies to Government […] The post Nigeria’s Union Bank Threatens to Shut Down Cryptocurrency-Related Accounts appeared first on Bitcoin News.

Posted Date: November 28, 2018
Last October, the developers of the Bitcoin Cash-powered Bitcoin Files project launched the first iteration of its censorship-resistant file sharing software. At the time, the platform allowed users to upload files of 5kb or less to the blockchain. Now, the latest Bitcoin Files release supports the decentralized Inter-Planetary File System (IPFS), allows users to upload […] The post BCH-Powered Bitcoin Files Project Adds IPFS Support appeared first on Bitcoin News.

Posted Date: November 28, 2018
Tether is back in business. Its stablecoin platform, which has lain dormant since last year, is to reopen for fiat deposits and tether (USDT) redemption. The move, described by Tether as a “new vision,” ought to return its stablecoin to the parameters it was originally designed to meet. With a minimum fiat deposit of $100,000, […] The post Tether Reopens Fiat-USDT Redemption Platform appeared first on Bitcoin News.

Posted Date: November 28, 2018
In recent crypto exchange news, Coincheck has successfully reinstated deposits and trading services for all cryptocurrencies that were live on the exchange before it was hacked in January. Bhex, an exchange founded by Huobi’s former chief technology officer, has announced that it will start operations at the end of the month, while 1,452.6 BTC was […] The post Exchange News: Coincheck Resumes All Trading, Bitmex Insurance Fund Grows appeared first on Bitcoin News.

Posted Date: November 28, 2018
Paraguay’s vice president has declared support for the “Golden Goose” project, which will see South Korea’s Blockchain Technology Foundation build five mining centers on state land. The foundation also plans to conduct what it describes as an “initial exchange offering” to facilitate investor participation in the project. Also Read: Sweden Expects to Attract Norwegian Bitcoin Miners […] The post Paraguay to Provide Land for ‘Golden Goose’ Mining Project appeared first on Bitcoin News.

Posted Date: November 27, 2018
A developer has injected a piece of malicious code into the software used by the popular Copay and Bitpay wallets. The safety of the Bitcoin.com wallet was not compromised and the Bitpay app was not vulnerable to the attack, but Copay users need to take precautionary actions. Also Read: Chinese Startup Gets Crypto Custodial Services […] The post Copay and Bitpay Wallet Apps Were Infected With Malicious Code appeared first on Bitcoin News.

Posted Date: November 27, 2018
This story about a rejected government offer was written by Tomas Forgac, friend of Bitcoin.com, early Bitcoin investor and entrepreneur, now focusing on Bitcoin Cash adoption and growth.  *** An unnamed pro-crypto government recently gave Bitcoin.com an unsolicited offer to finance the expansion of operations. While we are grateful for the trust given to us and […] The post Why We Rejected an Offer from Government to Help Expand Our Company appeared first on Bitcoin News.

Posted Date: November 27, 2018
In this edition of The Daily, we detail the reduced role that tether is playing at the world’s leading cryptocurrency exchange and the progress being made in adding bitcoin futures to the world’s second largest stock exchange. We also round up the latest progress being made in the security token space. Also read: Petition to Free […] The post The Daily: Binance Moves Away From Tether, Nasdaq Moves Closer to BTC Futures appeared first on Bitcoin News.

Posted Date: November 27, 2018
A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be very […] The post Russian Miners Sell Their Equipment Amid Market Plunge appeared first on Bitcoin News.

Posted Date: November 27, 2018
Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. Also read: Law Firm: South Africa’s Draft Law Could […] The post Malaysian MP ”Concerned About Threat” from Cryptocurrencies to Government Money appeared first on Bitcoin News.