Posted Date: September 20, 2018
Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to […] The post Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen appeared first on Bitcoin News.

Posted Date: September 20, 2018
Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of the decentralized electronic cash. They have many options to get involved in cryptocurrency, regardless […] The post Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading appeared first on Bitcoin News.

Posted Date: September 20, 2018
Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees. The credit card giants have now conceded defeat and agreed to settle the price-fixing case for a whopping $6.2 billion. Also read: Raising the Dead: […] The post Credit Card Cartels Landed With $6.2 Billion Bill appeared first on Bitcoin News.

Posted Date: September 20, 2018
Some of Brazil’s biggest banks have come under investigation for alleged monopolistic tendencies in the trade of bitcoin and other cryptocurrencies. The Administrative Council for Economic Defense, a transparency and competition body, accuses the financial institutions shutting down accounts of brokers trading cryptocurrency without merit. Also read: Zimbabwe’s Golix Battles To Grow Volume After Breaking Into […] The post Brazil’s Biggest Banks Under Investigation For Monopoly In Cryptocurrency Trade appeared first on Bitcoin News.

Posted Date: September 20, 2018
On Wednesday, September 19, a team of developers launched a platform called the Open Savings Initiative. The application allows any Bitcoin Cash (BCH) and Bitcoin Core (BTC) user to save funds in a time-locked address that cannot be spent until a specific date and time has passed. Also read: Critical Bug Found in Bitcoin Core Invokes […] The post New App Allows Users to Create a Custodian-Free Bitcoin Trust appeared first on Bitcoin News.

Posted Date: September 20, 2018
Major South Korean cryptocurrency exchange Upbit will reportedly begin operations in Singapore next month. The new exchange will offer Singapore dollar trading as well as crypto-to-crypto pairs in three markets offered by Bittrex, Upbit’s US-based partner. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Upbit Expands to Singapore Dunamu Inc., the operator […] The post Major Korean Crypto Exchange Upbit Opens in Singapore Next Month appeared first on Bitcoin News.

Posted Date: September 20, 2018
Since the inception of cryptocurrency, some critics have dubbed it “just another fiat money.” This has been the wail of anti-crypto combatants. They have succumbed to grasping at straws in order to manufacture any rebuttal against the thing they loathe. It doesn’t matter how valid the argument is so long as it satisfies their desire […] The post Raising the Dead: Is Bitcoin Cash Fiat Currency? appeared first on Bitcoin News.

Posted Date: September 20, 2018
Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to crash. According to the developer’s Optech […] The post Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument appeared first on Bitcoin News.

Posted Date: September 19, 2018
A group of artists hailing from across the globe will congregate in France to showcase an exhibition celebrating the upcoming tenth anniversary of Bitcoin. The art will be available for purchase using several different cryptocurrencies. Also Read: 8 Surprising Findings from New York’s Virtual Markets Integrity Initiative International Artists Congregate in France to Celebrate Upcoming Tenth […] The post Art Exhibition in France to Celebrate Bitcoin’s Tenth Birthday appeared first on Bitcoin News.

Posted Date: September 19, 2018
A lot of cryptocurrency traders are sick of hearing about “manipulation”. They just want to buy and sell bitcoin in peace, without Twitter accounts such as Bitfinexed banging on about unnatural market movements. It was thus with some dismay that New York’s Virtual Markets Integrity Initiative was greeted. The report, which dropped yesterday, predictably contains […] The post 8 Surprising Findings from New York’s Virtual Markets Integrity Initiative appeared first on Bitcoin News.