Posted Date: March 7, 2018
Québec, Canada has recently been thought to be a bitcoin mining boom town, as more data centers set up there to take advantage of relatively cold climes and low cost electricity. Not everyone is happy about it, especially the local government who fail to see why decentralized, invisible, magic internet money is worth anything at […] The post Québec Premier: We’re Not Really Interested in Bitcoin Mining appeared first on Bitcoin News.

Posted Date: March 7, 2018
Grayscale Investments has announced the launch of four new single-asset cryptocurrency investment trusts for bitcoin cash, ether, litecoin, and ripple. The company already manages three other single-asset crypto trusts for bitcoin, ethereum classic, and zcash, in addition to a recently-launched crypto large-cap fund. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Grayscale’s […] The post Grayscale Launches Crypto Investment Trusts for BCH, ETH, XRP, and LTC appeared first on Bitcoin News.

Posted Date: March 7, 2018
The Russian Ministry of Finance is drafting a law to criminalize the use of cryptocurrencies as money substitutes. The Bank of Russia and the finance ministry have previously opposed the use of cryptocurrency in this way, citing that only rubles can be used for payments of goods and services in Russia. Also read: Indians Look to […] The post Russia Drafts Law to Criminalize the Use of Cryptocurrencies as Money appeared first on Bitcoin News.

Posted Date: March 7, 2018
Important announcement from the MoneyToken team to all Private Sale contributors To provide assurance and protect Private Sale contributors from the falling market, the MoneyToken team announced that the token balance of all Private Sale participants will be reassessed at the end of the Token Sale, against the value of ether and other crypto assets at that point. If the value of ether has risen, MoneyToken will reassess the number of IMTs issued to you as a contributor and increase the number of IMTs you will receive in proportion to this rise. MoneyToken will not make such a correction if the value of ETH has fallen.   The post PR: MoneyToken Implemented Falling Market Protection Service appeared first on Bitcoin News.

Posted Date: March 7, 2018
This week the Japanese financial services management group SBI Holdings has announced that it has acquired 40 percent of the Taiwanese digital currency hardware wallet startup Coolbitx. Over the past few months, SBI has been entrenched within the virtual currency industry as the bank plans to incorporate multiple types of cryptocurrency business models.    Also […] The post Japan’s SBI Holdings Claims 40% Stake in Hardware Wallet Company appeared first on Bitcoin News.

Posted Date: March 6, 2018
Earlier this week the creators of cashaddress.github.io announced the stable release of ‘Vanitygen Cash,’ a vanity-themed BCH address maker. Vanitygen Cash is a fork of the original Vanitygen protocol originally designed for BTC but here it has been created for the Bitcoin Cash network. Also read: Highly Organized Crime Blamed for $2mil Bitcoin Mining Burglaries Vanity […] The post How to Create Custom Bitcoin Cash Addresses With Vanitygen appeared first on Bitcoin News.

Posted Date: March 6, 2018
A South Korean travel website with over 50,000 hotels and other types of accommodation facilities will begin accepting 12 cryptocurrencies, thanks to a partnership between its operator and Bithumb, a major cryptocurrency exchange in Korea. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pay for 50,000+ Hotels with Crypto One of South Korea’s […] The post South Korean Travel Site with Over 50,000 Hotels to Accept 12 Cryptocurrencies appeared first on Bitcoin News.

Posted Date: March 6, 2018
Essentia One, the world’s first data management framework based in Amsterdam, is paving the way in blockchain technology to solve complex border control issues with their talks with the Dutch Government. “Where some people see problems, we see challenges, which then motivates us to develop a solution” says Matteo, Essentia co-founder and Chairman of The Internet of Blockchain Foundation. The post PR: Essentia.One in Talks with the Netherlands Government for Blockchain Solutions to Border Control appeared first on Bitcoin News.

Posted Date: March 6, 2018
HFT giant Virtu has been the target of an apparent clone scam, using its likeness to attract possible investors. The company is threatening legal action and has already approached the authorities about the matter. The promotional matrial for the “coin” in question, Virt, is so bizarre it almost looks like a parody of the current […] The post High-Frequency Trading Firm Virtu Threatens Legal Action Against Virtcoin appeared first on Bitcoin News.

Posted Date: March 6, 2018
A new initial coin offering (ICO) called Miroskii hopes to build a ‘decentralized bank’ by utilizing blockchain technology. Looking at the white paper and the website, it appears to have solid ideas and even a nice looking team behind the project. However, looking a bit closer at the team shows the ICO’s ‘graphic designer’ just […] The post ‘Decentralized Bank’ ICO Miroskii’s Entire Team Is Phoney appeared first on Bitcoin News.