Posted Date: March 5, 2018
Crypto regulations have not been adopted in Russia yet, but a string of words and deeds suggests that Moscow may take full advantage of the “phenomenon” in order to uphold national interests. Ideas and proposals to attract businesses and human capital in areas of strategic importance across the vast country have been circulated by officials […] The post Kaliningrad Offers Tax Breaks to Attract Bitcoiners appeared first on Bitcoin News.

Posted Date: March 5, 2018
The seven-day average for the number of daily bitcoin transactions has reached a two-year low, recently dropping below 160,000 for the first time since March 2016. The lull in transactions coincides with the weekly volume of bitcoins exchanged through peer-to-peer (P2P) trading volume on Localbitcoins recently dipping below 6,000 for the first time since February […] The post BTC Transaction Volume Reaches Two-Year Low appeared first on Bitcoin News.

Posted Date: March 5, 2018
After a successful week exhibiting at Mobile World Congress in Barcelona, Electroneum has launched its groundbreaking mobile miner, which will open the world of cryptocurrency up to billions of smartphone owners around the world. Currently, cryptocurrency is largely too difficult to obtain and spend for most people, especially in the developing world. The Electroneum project’s core aim is to achieve global mass adoption of cryptocurrency, and one of its main mechanisms to do this is the long awaited mobile miner. The post PR: Electroneum Launches Groundbreaking Mobile Miner appeared first on Bitcoin News.

Posted Date: March 5, 2018
Bitcoin was born on the internet but destined to end up in court. Where there’s money, there’s a trail of gold-diggers, scammers, and slighted plaintiffs, and as bitcoin has risen in value, so have the court cases. With lawsuits, threats of litigation, subpoenas, and regulators sending gavels slamming in courtrooms across the land, this week’s […] The post This Week in Bitcoin: Courtroom Drama appeared first on Bitcoin News.

Posted Date: March 5, 2018
US law agencies can celebrate another success in their tireless crusade to stop ‘unlicensed money transmitting’ in the land of the free. The latest victory is sending a 24-year old crime kingpin to federal prison for making $40,000 from trading bitcoin offline. Also Read: US Federal Authorities Arrest Man for Selling 9.99 Bitcoin One Year […] The post 24-Year-Old Sent to Prison for Selling Bitcoin to Agents Without Asking for ID appeared first on Bitcoin News.

Posted Date: March 5, 2018
Genesis blocks hold a symbolism that’s almost spiritual. They represent the birth of a new cryptocurrency, and when that currency flourishes, its foundation stone – the maiden block to have been mined –  is referenced reverentially. Ethereum’s first address is a memorable one: 0x followed by 40 zeroes. It’s also a dangerous one that has […] The post $500 Million Has Been Mistakenly Sent to Ethereum’s Genesis Address appeared first on Bitcoin News.

Posted Date: March 5, 2018
Canada seems to have become the hottest destination for bitcoin miners from all over the world thanks to a combination of cheap renewable hydroelectric energy and hospitable cold weather. One miner, Bitfarms, is set to raise a small fortune to solidify its position in the region and better face the heated competition. Also Read: Goldmoney […] The post Bitfarms to Raise Up to CAD$50m to Scale Cryptocurrency Mining Operation appeared first on Bitcoin News.

Posted Date: March 5, 2018
Last week, Malaysia’s new Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) policy guidelines specifically addressing cryptocurrencies came into effect. The new regulations compel Malaysian virtual currency exchanges to mandate KYC adherence, including the collection of ID documentation. Also Read: Two Indian Token Marketplaces Suspend Trading Due to Regulatory Pressure New Malaysian AML/CFT Guidelines for Cryptocurrencies […] The post New Malaysian Cryptocurrency Regulation Come Into Effect appeared first on Bitcoin News.

Posted Date: March 5, 2018
A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded […] The post Major Pawnshop Network in Ukraine Launching Cryptocurrency-Secured Loans appeared first on Bitcoin News.

Posted Date: March 5, 2018
Concerns from Russian traders that they may be unable to access Bittrex once the exchange’s new terms of service come into effect this month appear to have been alleviated. Starting March 9th, the exchange will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba from accessing its trading services. Also Read: The […] The post Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba appeared first on Bitcoin News.