Posted Date: November 9, 2017
Mike Belshe has published a blog post indicating that the planned Segwit2x hard fork will not be taking place. The markets have responded dramatically, with the price quickly setting a new all-time high of approximately $7900 USD. Also Read: Silk Road Secret Service Agent Sentenced for Laundering Money While Prosecuting Ross Ulbricht It Has Been Revealed […] The post Breaking News: Segwit2x Fork Cancelled appeared first on Bitcoin News.

Posted Date: November 9, 2017
A Secret Service agent, key in prosecuting Ross Ulbricht during the infamous Silk Road case, was himself sentenced to prison 7 November 2017 for money laundering crimes while investigating Mr. Ulbricht.  Also read: Ross Ulbricht’s 144,336 Bitcoins Silk Road Agent Sentenced, Again, to Prison Time Senior Business Editor at Ars Technica, Cyrus Farivar “was the sole […] The post Silk Road Secret Service Agent Sentenced for Laundering Money While Prosecuting Ross Ulbricht appeared first on Bitcoin News.

Posted Date: November 8, 2017
In a conference call updating investors and media on its third quarter (Q3) earnings, Cboe Global Markets, which owns the Chicago Board Options Exchange (CBOE) and BATS Global Markets, said it’s bullish on cryptocurrencies. It said other exchanges, such as its “competitor across town,” are also believers in cryptos.     Also read: Bank of America Bullish on […] The post Chicago Options Exchange Getting the Bitcoin Bug: “We Believe” says President appeared first on Bitcoin News.

Posted Date: November 8, 2017
The respective financial regulators for Sweden and New Zealand have recently issued statements addressing initial coin offerings (ICOs).  Also Read: Sweden Latest Government to Auction Bitcoins, Turns Tidy Profit Sweden’s Financial Supervisory Authority [FSA] Has Issued a Statement Warning of the Risks Associated With ICOs Sweden’s financial regulator has issued a statement outlining a number of […] The post Financial Regulators of New Zealand and Sweden Issues Statements Regarding ICOs appeared first on Bitcoin News.

Posted Date: November 8, 2017
The entertainment platform MDK, represented by popular communities on Vkontakte, Telegram, Twitter, YouTube, and Instagram, will be conducting the first phase of its ICO November 7–28, 2017. MDK will be creating a new mobile app and its own blockchain project that would allow its followers to create posts and help with moderation, receiving MDK tokens as compensation. In all the company plans to raise $1 million. The post PR: MDK: the Largest European Community on the Vkontakte Social Network Launching ICO appeared first on Bitcoin News.

Posted Date: November 8, 2017
S Ganesh Kumar, Executive Director at the Reserve Bank of India, answering audience questions during a conference, continued the government’s official hostility toward the world’s most popular cryptocurrency. He signalled India’s unwillingness to formally allow bitcoin use in the country, but did reserve judgement on blockchain technology. Also read: As India’s Government Wars Against Cash, […] The post India Central Banker Doubles-Down on Suppressing Bitcoin appeared first on Bitcoin News.

Posted Date: November 8, 2017
The Chicago Mercantile Exchange & Chicago Board of Trade otherwise known as CME Group announced its bitcoin futures specs this week. Alongside this, the Chairman Emeritus of CME Group, Leo Melamed, told press bitcoin is set to become a new asset class. Also Read: Bitspark Receives Investment From Fortune 500 Company CME Group Reveals Specs for […] The post The World’s Largest FX Exchange Hopes to Tame Bitcoin Volatility appeared first on Bitcoin News.

Posted Date: November 8, 2017
This past weekend at the Scaling Bitcoin 2017 conference at Stanford University, two individuals discussed a new method of providing the Bitcoin network with more censorship resistance by utilizing weak signal radio communications. Stanford University’s Elaine Ou, and the computer scientist, Nick Szabo, introduced a project they are testing which secures consensus proofs with weak […] The post Bitcoin and Weak Frequency Signals: Bypassing Network Censorship With Radio appeared first on Bitcoin News.

Posted Date: November 8, 2017
Hong Kong-based remittance platform Bitspark has announced that it has received investment as part of a partnership with Reinsurance Group of America, Inc (RGAx). RGAx is one of the world’s largest life reinsurance companies, and is on the Fortune 500 list. The two companies will work to provide insurance services underserved markets. Also Read: Remittance Startup […] The post Bitspark Receives Investment From Fortune 500 Company appeared first on Bitcoin News.

Posted Date: November 8, 2017
This week two well-known bitcoin hardware wallet manufacturers, Satoshi Labs (Trezor) and Ledger Wallet, revealed their contingency plans for the pending Segwit2x fork that may take place in nine days. Both companies explain they will support both chains and tethered tokens if there is a split and provide a tool for the splitting process. Also […] The post Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans appeared first on Bitcoin News.