Posted Date: January 15, 2019
Since the creation and subsequent takedown of the darknet marketplace the Silk Road, the hidden market ecosystem has exploded with inventive solutions that promote private voluntary exchanges. According to recently published darknet market (DNM) research, the cat and mouse game continues with vendors inventing new ways to bolster online black market activities. In the last […] The post Dropgangs and Dead Drops: Report Highlights Evolving Darknet Market Opsec appeared first on Bitcoin News.

Posted Date: January 15, 2019
Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes. Information about foreign citizens and entities will be shared with other countries.    Also […] The post Denmark’s Tax Agency to Collect Information About Bitcoin Traders appeared first on Bitcoin News.

Posted Date: January 15, 2019
Canada’s electoral body has started consultations on how political parties should handle cryptocurrency donations ahead of general elections slated for October. Political parties have requested guidance from Elections Canada (EC) on accepting contributions and conducting other transactions in bitcoin. EC has now released a draft note that broadly takes the position that cryptocurrency donations are […] The post Canadian Electoral Agency Clarifies Cryptocurrency Donations for Political Use appeared first on Bitcoin News.

Posted Date: January 15, 2019
On Sunday, Bitcoin Cash (BCH) developer Jonathan Toomim unveiled a project he’s been working on called Xthinner, a new block propagation protocol that leverages the benefits of lexicographic transaction ordering (LTOR). According to Toomim’s data, Xthinner can compress blocks by 99.6 percent and performs roughly 4x to 6x more efficiently than block propagation concepts like […] The post BCH Developer Unveils Xthinner Scaling Protocol – Claims to Compress Blocks by 99% appeared first on Bitcoin News.

Posted Date: January 15, 2019
The Marshall Islands’ plan to issue a sovereign cryptocurrency, dubbed ‘the Sovereign’ (SOV), appears to be progressing, with the Oceanic nation announcing that it will work alongside Steve Tendon, a former adviser to the Maltese Office of the Prime Minister regarding blockchain policy, in developing the virtual currency. Also Read: Latin American P2P Bitcoin Markets Defy […] The post Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency appeared first on Bitcoin News.

Posted Date: January 15, 2019
When it comes to cryptocurrency regulation, there is a lack of consensus on how to protect investors. Criminal activity such as fraud, hacks and theft is prevalent, not only in the crypto realm, but in the traditional financial world too.  Some exchanges have deemed know your customer (KYC) and anti-money laundering (AML) compliance as unnecessary, […] The post Why Some Crypto Companies Consider KYC and AML Compliance Unnecessary appeared first on Bitcoin News.

Posted Date: January 14, 2019
You don’t have to be vain to want a vanity address. A bitcoin vanity address is the crypto equivalent of a personalized license plate, with a portion of its 26-35 alphanumeric characters closely mirroring the name of the wallet’s owner. For fundraising, collecting tips or soliciting donations, having a bitcoin address that’s synonymous with its […] The post How to Generate a Bitcoin Vanity Address appeared first on Bitcoin News.

Posted Date: January 14, 2019
In this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using […] The post The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC appeared first on Bitcoin News.

Posted Date: January 14, 2019
In the midst of a severe economic depression and the devaluation of the Venezuelan bolívar, bitcoin cash (BCH) supporters have been teaching people about the benefits of using permissionless cryptocurrencies throughout the country. The BCH meetup in Venezuela has swelled to 349 registered participants and group coordinator Lizbeth Alviarez has recently detailed that dedicated members […] The post Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption appeared first on Bitcoin News.

Posted Date: January 14, 2019
According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused. […] The post Bitmain Pauses Texas Mining Operations, County Officials Report appeared first on Bitcoin News.