Month: January 2019

Reverse Merger Could Take Bithumb Crypto Exchange Public in the U.S.

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Singapore-based holding firm Blockchain Exchange Alliance, which has a controlling stake in major crypto exchange Bithumb, is looking to list in the United States by acquiring a publicly traded company in the country, CNBC reports on Jan. 22. According to CNBC, a publicly-traded holding company called Blockchain Industries announced that it had a binding letter […]

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Bitcoin’s Liquid Sidechain Welcomes Japanese Yen Stablecoin

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Blockstream has announced Crypto Garage, a joint venture with Digital Garage and Tokyo Tanshi, to serve the Japanese Bitcoin market. The partnership will soon launch the Liquid sidechain based SETTLENET suite, the first application of which will be a yen-pegged stablecoin. SETTLENET on Bitcoin’s Liquid Sidechain The SETTLENET suite aims to provide Japanese exchanges and OTC trading desks with enhanced liquidity, speed […]

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Living on Bitcoin Day 5: An In-Store Buy At Last (Spoiler: It’s Pot-Related)

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This is the fifth instalment of reporter Colin Harper’s “Living on Bitcoin” experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 and on Day 4. I woke up in a millionaire’s bed today, something I never thought I’d say because I ain’t […]

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Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements

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Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. It focused on double-spend attacks within cryptocurrency blockchains, as well […]

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Bitcoin Price Watch: BTC At Continued Risk of Weakness

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Bitcoin price remained in a bearish zone below the $3,580 and $3,600 resistance levels against the US Dollar. There is a major bearish trend line in place with resistance near $3,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading inside an expanding triangle with resistance near […]

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