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Bitcoin’s transaction fees have recently hit a low they hadn’t seen in over three years, as according to BitInfoCharts the median transaction fee on the flagship cryptocurrency’s network is just $ 0.029. As pointed out by cryptocurrency community researcher Kevin Rooke on Twitter, the Bitcoin network hadn’t had fees this low since October 2015, when it
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The founder of dark web marketplace Silk Road, Ross Ulbricht, has written Bitcoin Cash proponent, Roger Ver, seeking his help in getting clemency for the double life sentence he is currently serving at the United States Penitentiary Florence High in Colorado. In his letter to Ver, Ulbricht pointed out that he had run out of
The post Silk Road Founder Ross Ulbricht Writes Roger Ver Seeking Help in Getting a Presidential Pardon appeared first on CCN
The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court.
Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners
Huobi, which is currently the third largest digital asset trading platform by daily volume, opened its office in Russia on Nov. 12. The branch provides 24-hour online support and has a Russian-language call center. The Huobi Russia online exchange officially launched on Dec. 6.
Bitcoin can help 4 billion people around the world living in authoritarian countries, according to a new essay from Human Rights Foundation Chief Strategy Officer Alex Gladstein. And there are few countries as receptive to cryptocurrencies as Venezuela. In fact, take a look at information from Localbitcoins, and you’ll see citizens of this impoverished Latin
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In the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the specifics of the growing digital economy and propose solutions.
Also read: CEO of Romanian Exchange Coinflux Arrested on US Warrant
During a round table discussion on these issues, the Russian Lawyers Association and an educational organization called Blockchain Lawyers have agreed to establish a specialized commission that will address the legal challenges in the crypto industry. It will also work with companies in other related sectors such as blockchain development, artificial intelligence, quantum technologies and the internet of things.
Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald Trump recently threatening a government shutdown if congressional Democrats fail to deliver funding for the
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Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions.
Also read: Vietnam at Crossroads on Cryptocurrency Regulations
The document has been signed by the Russian Association of Cryptoindustry and Blockchain (RACIB) and Iran Blockchain Labs (IBL), an innovation hub tasked with the implementation of digital technologies in the economy of the Islamic Republic. The research and advisory center has been established by the Sharif University of Technology and with the participation of the Central Bank of Iran.
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Square, the merchant payment service provider which thrives on its mobile card readers and applications, has posted its third-quarter shareholder report, and it includes $ 43 million in bitcoin revenue. Slim Margins on Bitcoin Overall, they’ve made 51 percent more than they did last year up to this point, and revenue is 68 percent better than
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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. A Singapore start-up is creating value for celebrities and their fans by letting them interact directly through the start-up’s platform. A big part of the project consists of
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An Iranian general has strongly hinted that the country could soon turn to cryptocurrencies as a way to evade international financial sanctions. Brigadier General Gholam Reza Jalali, head of Iran’s Civil Defense Organization, on Monday spoke about the ‘great opportunities’ presented by cryptocurrencies in the latest indication that Tehran is developing a state cryptocurrency. As
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Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot of electricity but does the planet suffer from deficit? Here’s a look at an interesting aspect of nuclear power generation – it turns out the wasted capacity of just several reactors is enough to satisfy the needs of the whole network. Besides, when fully loaded they are actually more efficient and safer.
Also read: Mainstream Media Claims Bitcoin Burns More Energy Than Ireland – Does It?
One of the biggest names in financial services wants to help institutional investors add bitcoin and other cryptocurrency assets to their multi-billion dollar portfolios. Citing proven institutional demand for cryptocurrency products, Fidelity Investments, the fifth-largest asset manager in the world with 27 million clients and $ 7.2 trillion in customer assets, has announced that it will
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Stellar have finally launched a complete version of StellarX, in what looks to be the first ever, totally free trading platform, a platform that the StellarX team believe has the capacity to become the world’s most popular place to trade. It’s good news for Stellar, bolstering the reputation of the company and even better news for XLM, simply because good news always has a good impact on the markets, right?
You might wonder why Stellar are claiming that StellarX is the world’s first, truly free trading platform?
Continue reading StellarX Launches To Help XLM Take Over The World at Crypto Daily™.
Some traders are afraid of Bitcoin price predictions and technical analyses — and for a good reason. Over time, Bitcoin has proven to be volatile if given the right conditions. One man claims he can predict this coin’s flux, and uses bacteria to illustrate the process.
While you can’t really think this in terms of black or white, it seems obvious that only a certain category of crypto enthusiasts venture to accurately forecast the price of Bitcoin (BTC) 00 and other cryptocurrencies. Besides, there’s no “better” or “worse” way of doing it: experience and vast market knowledge are valuable, as are cold stats. What matters more is the person who does it and the logic underpinning their decision.
Chinese billionaire and co-CEO of technology company Ideanomics Bruno Wu believes the blockchain could be the solution that helps African countries trade their minerals and natural resources efficiently and profitably. Wu made the comment while speaking to entrepreneurs and investors at the Africa House Collective event, held in New York recently. Wu’s company Ideanomics, formerly
The post Blockchain Could Help Africa’s Commodity Market, Claims Chinese Billionaire appeared first on CCN
The government of Austria, like almost every other on the planet, is sinking deeper into debt. The country is planning to raise 1.15 billion euros in an auction next Tuesday.
In an effort to reduce costs and increase efficiency, the bonds will be issued and authenticated using the Ethereum blockchain.
Austrian finance minister Hartwig Löger said the following in a statement:
For us, blockchain technology is an important part of economic policy. With the establishment of the Fintech Council in the Ministry of Finance, we are developing strategies so that Austria can profit from these developments as much as possible.
Alejandro Beltrán of Colombia’s largest cryptocurrency exchange, Buda.com, effectively shuttered by banks in the country refusing to do business with it, has written an open letter to the nation’s new president in the hope of winning a reversal. Iván Duque Márquez was elected last month, and has been quoted as embracing new financial technology.
Also read: 3D Gun File Company Reorganizes After Cody Wilson Resigns
The United Nations have announced that they are developing a new initiative which uses blockchain technology to help further their support for developing nations. The announcement came at the 73rd annual UN General Assembly, hosted in New York.
Named the United Nations Development Programme (UNDP) the initiative aims to use blockchain technologies to help improve the lives of people living in developing nations across the world. According to The Next Web, Haoliang Xu, the Assistant Secretary General at the United Nations said:
“We believe that blockchain is a technology that can have a huge impact in the developing world in numerous ways.
