Tag Archives: Bitcoin

Crackdown on Bitcoin Hits Businesses in Bali

Regulation Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat (more…)

Cornell Professor Claims Ethereum is More Distributed and Decentralized Than Bitcoin

According to a study led by Cornell professor Emin Gun Sirer, Cornell research professor Robbert van Renesse, and LinkedIn researcher Adem Efe Gencer, Ethereum’s nodes are better distributed than bitcoin, and thus the network is more decentralized than bitcoin. The paper entitled “Decentralization in Bitcoin and Ethereum” analyzed nodes in the (more…)

Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin

Featured This week News.Bitcoin.com carried the breaking story alleging employees of giant Northern European bank Nordea were being forbidden by company policy from owning or trading cryptocurrency. Since publication, a bank employee, who wishes to remain anonymous, forwarded evidence the large institution is indeed going ahead with such plans. Also read: (more…)

Ethereum Pioneer and Early Contributor Says ETH Could Triple in 2018

Ether, the cryptocurrency native to the Ethereum network, could triple in value in 2018 as businesses in various industries are beginning to recognize the potential of Ethereum. The surge in the number of projects being built on the platform, coupled with increasing public interest in the cryptocurrency market, could push (more…)

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano: Price Analysis, Jan. 12

The South Korean government has confirmed that it has no plans to ban cryptocurrency trading in the short-term. This is a major relief to the markets, which were reeling under selling pressure. Warren Buffet’s warning that the cryptocurrencies will have a “bad ending” also did not have any noticeable effect on the (more…)

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei (more…)

Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion

News Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference (more…)