Posted Date: April 26, 2018
The following opinion piece was written by Jonald Fyookball. The bitcoin cash (BCH) community understands key principles: Bitcoin should be a peer to peer Electronic Cash system; most users can use SPV wallets instead of running their own node; “second layer” scaling solutions are often unnecessary and problematic. While important, and it places the BCH […] The post How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1 appeared first on Bitcoin News.

Posted Date: April 26, 2018
According to the infamous licensed brothel in Nevada, the Moonlite Bunny Ranch, a sex worker named Lana West was paid for her intimate favors with a few thousand dollars in bitcoin. Since then the Bunny Ranch has announced accepting the digital currency for sexual services. Also read: Five Reasons Why Bitcoin Cash is About to Win […] The post The Notorious Bunny Ranch Brothel Now Accepts Bitcoin appeared first on Bitcoin News.

Posted Date: April 26, 2018
A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back, and will seek civil liabilities and damages from users who do not voluntarily return the coins. […] The post System Error at Korean Crypto Exchange Gave Users Free Coins appeared first on Bitcoin News.

Posted Date: April 26, 2018
On April 25 digital assets are seeing volatile price declines today across cryptocurrency markets worldwide. Over the past 24-hours, the entire cryptocurrency market capitalization has lost more than $30Bn since our last markets update. Bitcoin Core (BTC) market prices are averaging $8,920 right now after tumbling to the $8,700 territories earlier today. Bitcoin (BCH) market […] The post Markets Update: Bears Return to Crypto Markets for Some Action appeared first on Bitcoin News.

Posted Date: April 26, 2018
Aramco Ltd. is a private company based out of the United Kingdom and Saudi Arabia. Aramco Coin has created the ARM token in order to allow people to invest in a cryptocurrency that has some intrinsic value and also to allow people to easily trade on the live price of Brent crude oil. Aramcocoin.io is a digitized interest in equivalent reserve barrels of crude oil and is free from the external risk of governmental intervention affecting the valuation of fiat currencies or the extreme volatility faced by digital currencies due to rapidly changing supply and demand dynamics. Aramcocoin.io offers all of the advantages historically associated with blockchain enabled digital currencies while providing a fully verifiable and audited asset reserve to ensure its value, stability and security as a leading medium of exchange. The post PR: Aramcocoin Launches Crypto Commodity Coin appeared first on Bitcoin News.

Posted Date: April 26, 2018
The bitcoin exchange industry is widely considered to be in a process of transition, with big players stepping in and acquisitions leading to greater consolidation. As such it is not surprising to hear that Bitstamp is on the shelf, although a rumored buyer now denies it.   Also Read: Bitcoin in Brief Wednesday: Crypto Leakers, […] The post $350 Million Bitstamp Acquisition Negotiations Denied by Nexon CEO appeared first on Bitcoin News.

Posted Date: April 25, 2018
In what is being referred to as a “groundbreaking lawsuit”, United Kingdom financial guru Martin Lewis is taking aim at Facebook’s lack of vigilance with regard to fake accounts. Mr. Lewis claims his likeness and reputation were used in multiple fraudulent instances, peddling mostly investment advice for assets such as bitcoin. Also read: James Bond-Like […] The post Facebook to Be Sued for Defamation Related to Scammy Bitcoin Ads appeared first on Bitcoin News.

Posted Date: April 25, 2018
A leading cryptocurrency exchange in India, Zebpay, has introduced crypto-to-crypto trading on its platform. The launch closely follows the Reserve Bank of India banning banks from servicing crypto exchanges. Meanwhile, Zebpay celebrated its 3 millionth app download. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Crypto-to-Crypto Trading Indian cryptocurrency exchange […] The post Indian Exchange Zebpay Launches Crypto-to-Crypto Trading appeared first on Bitcoin News.

Posted Date: April 25, 2018
The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in charge of leading the efforts has clarified the differences between the new and old self-regulatory rules for its 23 exchange members. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Promoting Safe […] The post New Self-Regulatory Rules for Crypto Exchanges in South Korea Clarified appeared first on Bitcoin News.

Posted Date: April 25, 2018
Today’s collection of Bitcoin in Brief stories from across the cryptosphere showcases how bitcoin is an unstoppable force. Even if one centralized avenue can be pressured by some governments, others will soon pop up to replace it in the decentralized global ecosystem.   Also Read: 20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon Wikileaks […] The post Bitcoin in Brief Wednesday: Crypto Leakers, Hackers and Rappers appeared first on Bitcoin News.