Image Image Image Image Image Image Image Image Image Image Image Image

| May 23, 2018

Scroll to top


Tuesday Archives -

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics

May 22, 2018 |

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics

Before all the Lambo memes, shady no-product ICOs, and get-rich-quick schemes invaded the scene, Bitcoin was meant to disrupt the current economic system. Today’s edition of Bitcoin in Brief showcases how that promise is starting to materialize in different fields, including the future of elections and geopolitics.

Also Read: Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

Iran and Russia Consider Bitcoin to Skirt Sanctions

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global PoliticsIranian and Russian lawmakers are jointly examining the idea of using cryptocurrency to bypass international and American sanctions. Mohammad-Reza Pourebrahimi, who chairs the Iranian Parliamentary Commission for Economic Affairs, raised the idea during a recent meeting in Moscow with Dmitry Mezentsev, the Chair of the Federation Council Committee on Economic Policy. He explained that the Russians “share our opinion. We said that if we manage to move this work forward, then we will be the first countries that use digital currencies in the exchange of goods.”

Iran’s government-owned media Press TV reports that the country’s leadership “specifically started to look at bitcoin as an alternative monetary means to be used in trade after it became clear that European companies were failing to trade with Iran over fears that they would fall afoul of US primary sanctions.”  It should be noted that the Iranian government is trying to stop its citizens from having access to global markets it seeks for itself, banning banks from dealing with crypto and even traditional foreign currency exchange shops. Still, Iranian citizens have reportedly sent more than $ 2.5 billion out of the country to purchase cryptocurrencies with.

US Politician Raises $ 100k From Crypto Community

Congressional candidate Brian Forde has celebrated on Monday in San Francisco his campaign raising $ 100,000 in cryptocurrency donations. A former head of MIT’s Digital Currency Initiative and Obama’s Senior Technology Advisor, he is considered to be a vocal supporter of cryptocurrency. Meanwhile his main Democratic opponent, a former SEC enforcement attorney, has attacked Forde for his work in cryptocurrency, referring to his donors in an ad as “bitcoin speculators that oppose cracking down on drug deals and human trafficking.”

This contested race is shaping up to be a major example of cryptocurrency impact on electoral politics in America. It is also nice to see that the matter is now getting bipartisan support in the US. As we recently reported, on the other side of the country and the opposite side of the aisle, a Trump-supporting Republican and a bitcoin enthusiast is running to be the next New York Attorney General.

Liberation Through Radical Decentralization

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global PoliticsVitalik Buterin has co-written a short manifesto of sorts with the young political economist Glen Weyl, unapologetically titled “Liberation Through Radical Decentralization.” In it they explain how the cryptocurrency ecosystem is suited for developing and testing new models for governance, voting and more, in a way that can fundamentally change how both democracy and capitalism work.

They remind us that: “Bitcoin and other cryptocurrencies in particular emerged directly as a reaction to the perceived excesses of the traditional financial system, with ‘The Times 03/Jan/2009 Chancellor on brink of second bailout for banks’ carved indelibly into Bitcoin’s genesis block. That said, the decentralized technologies behind cryptocurrencies have potential applications far beyond finance.”

Real Products, Real Adoption

With all the recent news about so many ICOs being outright scams or just failures, it’s good to remember that there are actual projects in the cryptocurrency space that are delivering real services to real users. Two recent examples are Brave and Steemit, coincidentally two different attempts to change how online content monetisation works.

The Brave browser recently passed 5 million downloads for the Android operating system and now boasts over 2.3 million monthly active users and over 14,000 verified publishers. And recently the one millionth account was created on the Steem blockchain, which now sees around 60,000 unique accounts transacting each day, and over 250,000 unique daily visitors for the site.

What do you think about today’s news updates and what they mean for the future? Share your thoughts in the comments section below. 

Images courtesy of Shutterstock.

Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

The post Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics appeared first on Bitcoin News.

Bitcoin News

Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading

May 15, 2018 |

Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading

The slow but steady growth in the limited trading options available to American investors on regulated exchanges is the main focus of today’s edition of Bitcoin in Brief. Additionally covered are a surprise resignation, another ransomware attack, and much more.

Also Read: Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add?

NYDFS Approves Expanded Crypto Portfolio

New York State Department of Financial Services Superintendent Maria T. Vullo has announced on Monday that Gemini Trust Company LLC has been authorized to offer the custody services and trading of Zcash, Litecoin and Bitcoin Cash on its exchange based in NYC. She said: “This action continues New York’s longstanding commitment to innovation and leadership in the global marketplace. With smart and thorough regulatory oversight, the development and long-term growth of the industry will remain thriving.”

The addition of Zcash especially seems to have taken the market by surprise, leading to its price jumping over 40% in the last twenty-four hours. Back in March, the founders of the trading venue revealed that adding new cryptocurrency options are high on the company’s agenda this year, with BCH and LTC at the top of the list. Tyler Winklevoss, CEO of Gemini, commented on Monday: “We are proud to be the first licensed exchange in the world to offer Zcash trading and custody services and look forward to providing customers with a safe, secure, and regulated place to buy, sell, and store Zcash, an incredible new form of digital cash.”

Surprise CEO Resignation

Okex Rolls Back Futures Contracts After Liquidations Leave Traders ReelingChris Lee, Chief Executive Officer at Chinese-run cryptocurrency exchange Okex, has reportedly left his position with the Hong Kong based company. Lee cited personal reasons for his departure, seeking to “start a new life,” the exchange stated on Monday. According to his spokeswoman, Lee added it had been the “greatest pleasure and an honor” to work at Okex and that he will return to the blockchain community after a short break to spend time with his family. The surprising move raised some speculations online as for the reasons.

$ 1 Million Bitcoin Heist Foiled

According to media reports from the state of Georgia, the Forsyth County Sheriff’s Office found that five young men had conspired to break into a local home and steal nearly $ 1 million in bitcoin. Their robbery investigation has reportedly been ongoing since January, following a drug bust. The five young men, Justin Ellison, Trivette Adams, Matthew Schwartz, Jacob South, and Michael McDermont, have been charged with residential strong arm robbery and are being held in a detention center without bond.

Australian Sexual Health Provider Held for Ransom

Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin TradingFamily Planning New South Wales, one of Australia’s largest reproductive and sexual health service providers, has sent out an email to its clients on Monday notifying them that it reported a cyber attack on its website to Australian Federal Police.

“I want to stress to people that this has absolutely nothing to do with, and has no impact on our clinical medical records, they’ve always been secure,” the organization’s chief executive Ann Brassil said at a press conference on Monday. “There’s no evidence that this cyberattack was on Family Planning NSW itself;…and it appears it was an attack for ransom, so it was financial. The ransom said we are shutting down your website and you pay us $ 15,000 in Bitcoin for us to release the website, and it had a clock ticking down.”

Polish Propaganda

Polish financial authorities have again been found to spend taxpayers’ money on a smear campaign on social media against investing in cryptocurrencies. Poland’s Financial Supervision Authority (KNF) has issued a new tender order to plan and conduct a campaign aimed at “building awareness” among the public for the risks associated with investing in cryptocurrencies, pyramid schemes and forex activities unsupervised by the KNF.

Earlier this year it was reveled that the Central Bank of Poland and KNF had paid over 90,000 PLN (złoty) to, among others, a Polish Youtube content network which represents many popular young local content creators to produce anti-crypto videos.

What do you think about today’s news updates? Share your thoughts in the comments section below. 

Images courtesy of Shutterstock.

Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

The post Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading appeared first on Bitcoin News.

Bitcoin News

Upgrade Time: Bitcoin Cash 32MB Fork Activates Tuesday

May 11, 2018 |

Upgrade Time: Bitcoin Cash 32MB Fork Activates Tuesday

In less than a week on May 15, the Bitcoin Cash (BCH) network will be upgrading the base block size from 8MB to 32MB, as well as re-enabling and adding some OP_Codes to the codebase. With just days left there are a few things BCH holders and full node operators should know before the upgrade takes place this coming Tuesday.

Also read: Japan’s GMO Has Mined Over 900 Bitcoins – Hashrate Doubled Last Month

Just a Few Days Left Until the May 15th Bitcoin Cash Upgrade

The Bitcoin Cash network is about to perform the largest block size increase ever as the upgrade will expand the block size by 4X on May 15, 2018. The development team has also added ‘Satoshi OP_Codes,’ and the fork will also increase the protocol’s default data-carrier-size to 220 bytes. Unless you run a BCH full node implementation there is not much a common user needs to do, except refrain from transacting during the upgrade.

Upgrade Time: Bitcoin Cash 32MB Fork Activates Tuesday

The Hard Fork Activation Will Use the Median Time Past Method

The BCH fork on May 15 will be similar to the fork activations that took place on August 1, and the DAA fork that took place this past November. This means the activation will take place on May 15, but there won’t be specific block height, because the upgrade will activate based on ‘Median Time Past’ (MTP). The initiation of the hard fork will begin on Tuesday, May 15 at 12:00:00 UTC, 2018, but the upgrade will not be implemented until the MTP timestamp and the processing of 11 blocks equal to or greater than 1,526,400,000 takes place. Following this period after the next block, the 32MB upgrade will be live on the BCH network.

Full Node Clients and Miners Must Update Software

Full node operators need to upgrade their Bitcoin Cash clients as soon as possible, before the fork begins. ABC users can download the latest Bitcoin ABC 0.17.1 version here, and those operating other full nodes like Bitcoin Unlimited, or XT should upgrade to the client that supports the 32MB increase. At the moment looking at data for the most dominant BCH client, Bitcoin ABC, it shows a great majority of nodes have already upgraded to the latest 0.17.1 ABC version. Full node operators and miners are required to upgrade their software in order to participate during and after the network change.

Ordinary Users Should Refrain from Transacting With BCH During the Upgrade and Patiently Wait for the Fork to Complete

Upgrade Time: Bitcoin Cash 32MB Fork Activates Tuesday
It is best not to transact with BCH during the May 15th Bitcoin Cash upgrade.

Ordinary users don’t have to do much of anything, except keep up to date with current events concerning the fork, and its best not to transact during the activation period as well. This means if you don’t have to send money on May 15, then wait until the fork is complete before transacting with BCH. It’s always a good measure to look out for any updates provided by your exchange or wallet provider to make sure the platform you use is ready to accept the network changes. If your BCH service provider does not give any fork updates, it’s probably safe to assume that the exchange or wallet provider is ready for the upgrade. So on May 15 if your money is on an exchange or held within a non-custodial wallet all you really have to do is patiently wait until the fork is finished.

Last November’s Successful Hard Fork Shows There Shouldn’t be Any Complications

The May 15th Bitcoin Cash fork that will change the protocol’s base block size to 32 MB, while adding some other interesting features will be quite a milestone for the BCH community. The last fork that took place this November was successful, and the new Difficulty Adjustment Algorithm (DAA) has worked flawlessly ever since. The 32MB increase will be much larger than the already sizable 8MB blocks, and the upgrade will likely be a historic day for public blockchain consensus upgrades.

What do you think about the fork taking place on May 15 that will increase the base block size to 32 MB? Let us know what you think about this subject in the comments below.

Images via Shutterstock, and Pixabay.

Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

The post Upgrade Time: Bitcoin Cash 32MB Fork Activates Tuesday appeared first on Bitcoin News.

Bitcoin News

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas on Blockchain Tech

May 8, 2018 |

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas - on Blockchain

The prospect of transferring an entire national payment system to blockchain technology deserves attention and we are covering the story in today’s Bitcoin in Brief. Reports that Russia may transform its version of SWIFT as early as next year coincided with the news that the US banking giant JP Morgan has applied for a blockchain patent for inter-bank payments. Projects to secure documents, diplomas, and even tickets using blockchain technologies are also part of Tuesday’s round-up.

Also read: Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin-Bashing Warren Buffett

Russian Version of SWIFT to Be Transferred to Blockchain in 2019

Russia may put its money transferring system on a blockchain as early as next year, according to local media reports. Authorities in Moscow are planning to convert the Financial Communications Transfer System (SPFS), Russia’s equivalent to SWIFT, to a blockchain system, sources close to the Russian central bank told Izvestia.

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas - on BlockchainSPFS was developed as a backup alternative following discussions in the West on proposals to withdraw SWIFT from Russia as part of the sanctions imposed after the annexation on Crimea. The system was implemented in 2014, when Centrobank also developed its own version of bank cards called Mir. At the time, several Russian banks were denied services by US-based Visa and Mastercard. Mir cards were first issued in 2015. Last year their number reached 19 million.

Almost 600 banks currently use the Russian national payments system, which now covers countries in the European Economic Area (EEA). Its transaction costs are lower than those of SWIFT, which makes it attractive to foreign financial services providers. The move of SPFS to blockchain technology would be a major development in both the banking sector and the blockchain industry.

American Giant Eyes Blockchain for Inter-Bank Transfers

As it turns out, blockchain tech is attractive not only to sanctioned Russian banks. American investment banking giant JP Morgan Chase has applied for a patent to facilitate inter-bank payments using the technology underpinning cryptocurrencies like bitcoin. The application was submitted in October last year but the news surfaced last week. The patent is essentially a variation on blockchain technology, as reported. It outlines a system that would use distributed ledger technology to keep track of payments between financial institutions.

Motivating its application, the New York-based financial company points out that the number of messages between banks and clearing houses involved in cross-border bank wires often results in delays and restricted availability of funds. According to JP Morgan, the blockchain would eliminate high costs and provide a system for accurate transaction logging. It would also allow them to process payments in real time and audit the transfers in a verifiable way. The patent application comes as a surprise, given that JP Morgan CEO Jamie Dimon has a record of downplaying the importance of crypto technologies, calling bitcoin a “fraud” and vowing to fire anyone from his team if they traded bitcoin.

Startup Recording Diplomas on Blockchain Raises $ 3 million

Learning Machine Technologies, a software company working with governments, businesses, and educational systems to develop official blockchain records, has raised $ 3 million dollars. The seed round was led by PTB Ventures, a venture capital firm investing in the emerging digital identity ecosystem, and included strategic investments from Omidyar Network and Learn Capital.

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas - on BlockchainLearning Machine’s software facilitates the issuing of blockchain-based credentials called “Blockcerts”. The concept has been developed in partnership with the Media Lab of the Massachusetts Institute of Technology. According to the partners, the Blockcerts standard can be used to record digital diplomas on blockchain. Blockcerts can be issued to any public or private blockchain, including those of bitcoin and ethereum, and do not require proprietary software to view or verify.

The Blockcerts standard is open source and allows for full security audits. It is a community extension hosted by international technical standards organization IMS Global. “Learning Machine counts governments, multinational corporations and leading educational institutions as customers of its enterprise issuing system,” said CEO Chris Jagers, quoted by PRnewswire. In his words, the platform makes issuing Blockcerts seamless for institutions and provides them “a bird’s-eye view of their credentialing operation”. The software also helps policymaking, workforce development and alumni relations with detailed analytics.

Blockchain Certificate to Replace Five Documents in “Digital Kazakhstan”

At least five documents issued by authorities in Kazakhstan are to be replaced with blockchain-based certificates. A newly developed application called Azamat is capable of issuing electronic versions of driver’s licenses, vehicle registrations and inspection certificates, insurance policies, and proof of identity documents. Azamat also allows access to the recorded information through a QR scan.

The project is part of the state-sponsored efforts to digitize many services offered by government institutions and also the economy of the Central Asian country. The “Digital Kazakhstan” program was announced by Astana towards the end of last year. Authorities are preparing amendments to the current legislation that would allow the “complete replacement of paper documents” with digital copies.

Adele Tickets on the Blockchain?

Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas - on BlockchainThe secondary market for tickets in Great Britain costs billions of dollars each year. A last-minute decision to attend an Adele concert could mean spending up to $ 12,000 on the black market, according to The Guardian. Aventus is a company that hopes to solve the problem with the illegal resales using blockchain technologies. Its platform will be tested with the sale of 10,000 tickets for a variety of events in Europe and the US.

Aventus has teamed up with another blockchain platform, Blocside, to try its concept during the 2018 FIFA World Cup in Russia this summer. It also hopes to offer its services to Premier League football clubs in the United Kingdom. Its team claims that the blockchain technology ensures the data on the tickets remains unaltered and protected from forgery. Ticket fraud is a profitable illicit business in the UK, with an annual turnover estimated at $ 1.3 billion.

Do you think the implementation of distributed ledger technologies and the use of the blockchains of leading cryptocurrencies in other sectors will increase? Tell is in the comments section below. 

Images courtesy of Shutterstock.

Bitcoin News is growing fast. To reach our global audience, send us a news tip or submit a press release. Let’s work together to help inform the citizens of Earth (and beyond) about this new, important and amazing information network that is Bitcoin.

The post Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas on Blockchain Tech appeared first on Bitcoin News.

Bitcoin News


President tweets he will make announcement about whether US will pull out on Tuesday

May 7, 2018 |

President Donald Trump will announce his decision on whether the US will pull out of the Iran nuclear accord at 2 p.m. ET on Tuesday, he wrote in a tweet. – RSS Channel – World

Bitcoin in Brief Tuesday: IOTA Ditched, Bitcoin Taking Over Popular Culture

May 1, 2018 |

Bitcoin in Brief Tuesday: Cryptocurrency Taking Over Popular Culture

From hit TV shows to viral ads, the bitcoin revolution is inspiring the creative minds who shape modern pop culture. Two recent examples come from HBO’s Silicon Valley and the Oscar Mayer meat company which created its own “bacon-backed cryptocurrency”. These stories and more are in today’s edition of Bitcoin in Brief.

Also Read: Binance to Invest $ 15 Million in Bermuda as Crypto Regulations Advance


Bitcoin in Brief Tuesday: IOTA Ditched, Bitcoin Taking Over Popular CultureOscar Mayer, the meat brand owned by the world’s fifth-largest food and beverage conglomerate Kraft Heinz (NASDAQ: KHC), has announced it launched the “first-ever cryptocurrency backed by bacon.” Fans are invited to “mine” Bacoin by participating in a promotion and pump the value by shilling for it on social media. The company is known for its ads targeting kids, and this publicity stunt showcases how marketers are turning to cryptocurrency hype to tap into a younger demographic.

Oscar Mayer is the gold standard of bacon because of our dedication to hand-selecting the best cuts and then naturally sugar curing and naturally hardwood smoking our bacon,” said Matt Riezman, brand manager for Oscar Mayer. “Add to that our proven expertise in the bacon-tech space, Bacoin is poised to deliciously revolutionize the cryptocurrency market.”

Silicon Valley to Reality

HBO’s comedy series Silicon Valley, which parodies startup culture, has recently featured bitcoin as part of an episode. A charterer of the show created a price alert that blasts out the death metal song “You Suffer” by Napalm Death when the exchange rate fluctuates. And, of course, someone has now quickly turned that gag into a reality, as The Verge reports.


The blockchain research center at UCL (University College London) has announced it cut all its ties with the IOTA Foundation, the group behind the 11th most valuable cryptocurrency in the world by market cap (MIOTA). The rational for the move was the IOTA team’s repeated threats against critics that reviewed its technology. The Financial Times covered the topic last week, and the bad press must have proven too much for UCL.

The academic institution’s website now reads: “UCL Centre for Blockchain Technologies is no longer associated with the IOTA Foundation. In relation to recent news report, we reaffirm our support for open security research, as a prerequisite for understanding the assurances provided by any blockchain technology. It is inappropriate for security researchers to be subject to threats of legal action for disclosing their results.”

Wikimédia France to Accept Crypto Donations

Wikimédia France, the French branch of the global internet movement, has recently announced it will soon begin accepting donations in cryptocurrencies through a partnership with the Request Network Foundation.

“Blockchain technology has been a hot topic of late, and its adoption is exponential. Its decentralized nature, coupled with its security and transparency, makes it possible for unprecedented applications for NGOs, particularly in the management of donations, both on the part of the donor and the recipient. Thanks to the blockchain, Wikimedia France becomes one of the first organizations that will soon allow its donors to support projects with any digital currency.”

What other developments in the cryptoshpere caught your attention today? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.

The post Bitcoin in Brief Tuesday: IOTA Ditched, Bitcoin Taking Over Popular Culture appeared first on Bitcoin News.

Bitcoin News

Bitcoin in Brief Tuesday: The Tax Man Effect

April 17, 2018 |

Bitcoin in Brief Tuesday: The Tax Man Cometh

Bitcoin in Brief continues with the second day this week of mostly FOMO news. The biggest economy in the world faces the tax man today, as the United States and its crypto enthusiasts must atone for the sin of last year’s gains. Economists and market bulls are insisting that this fact caused dramatic sell offs, leading to haircuts across the board. Bulls believe, after today, prices ought to soar.

Also read: Bitcoin in Brief Monday: A Panther’s Moonshot Bet

Tom Lee on Crypto Tax

Once again, we get another chance to test the predictions of a much cited financial professional. We’re once again focusing on crypto’s favorite guru, Tom Lee of Fundstrat.

Bitcoin in Brief Tuesday: The Tax Man Cometh

He was seen recently on Fast Money, making his case for why the ecosystem should prepare itself for the potential of incoming cash tsunamis, as this year’s US tax deadline is upon us today. It is estimated americans owe the tax man as much as $ 25 billion. The panel doesn’t just accept Mr. Lee’s prognostications, and instead makes him work a little to better flesh out why he continues to say what he does. If you’re a bitcoin core proponent, these five minutes will be comforting.

They Pay You

Assuming after-tax price spikes, you’re going to need a hot wallet to store your bitcoin cash. After you’re done installing the Wallet, check out the I Pay You idea. Gift cards are gaining in popularity among enthusiasts, for a variety of reasons, and this wallet seeks to capitalize and grow that trend.

Supporting both bitcoin core and bitcoin cash, the company claims average minimum fees of 3 cents, the ability to send payments through Twitter and email, your own bitcoin address, same day turnaround, with the intriguing notion of buying gift cards for them (they’ll pay you). “Sell bitcoin and bitcoin cash at any time and receive USD funds in your bank account. We support all banks and credit unions in the USA via ACH transfer,” the company website promises.


You ever come across a cry for help, and instantly you find yourself almost humming? Prominent initial coin offering investor (and some say, shill), Ian Balina, claims to have been hacked for a loss of something like $ 2 million USD. Hmmmmmm. I’ll just leave this here.

Bitcoin in Brief Tuesday: The Tax Man Cometh

Bitcoin Fetus

It had to happen, right? A tweet explained, “After months of private Alpha, we are pleased to announce the official release of the public Beta version of the project previously [known] as ‘Bitcoin Fetus.’ Codename: ‘Bitcoin Baby.’ Notable changes: autonomous breathing, more modular design.” They’re not kidding.

Bitcoin in Brief Tuesday: The Tax Man Cometh
Bitcoin Fetus has a mined genesis block.

Spring Cleaning

And what would Spring be without a good cleaning! The following briefs don’t really follow a theme, but are worthy of mention: Jeffrey Tucker convinces popular podcaster to accept crypto; the New York TimesNathaniel Popper is having none of the hype surrounding Coinbase’s latest acquisition; Bitcoin Core continues to receive good-natured ribbing; when it comes to bitcoin cash, Satoshi Dice is killing it; crypto enthusiasts are jockeying to show adoption all over the world; and hopeful signs appear in Venezuela as Localbitcoins continues its charge. We’ll see you again, here, tomorrow.    

Bitcoin in Brief Tuesday: The Tax Man Cometh

Would you use a wallet like I Pay You? Let us know in the comments section below.

Images courtesy of Shutterstock. Special thanks to Marcel Chuo, Kai Sedgwick for sourcing.

Need to calculate your bitcoin holdings? Check our tools section.

The post Bitcoin in Brief Tuesday: The Tax Man Effect appeared first on Bitcoin News.

Bitcoin News

Deputy Was Shot in Head 23 Years Ago. He Died Tuesday

February 8, 2018 |

A former Los Angeles County sheriff’s deputy died Tuesday, 23 years after he was shot in the head, permanently lodging a bullet in his brain, the Los Angeles Times report. In December 1994, 29-year-old deputy Steven Belanger pulled over a driver he recognized as an assault suspect. He was interviewing…

Liberia to choose between soccer star, VP in Tuesday runoff

December 25, 2017 |

Liberians head to the polls Tuesday for a runoff election between a former international soccer star and the vice president to replace Africa’s first female head of state.
FOX News

FBI’s McCabe ‘has an Ohr problem,’ will not testify on Tuesday, source says

December 12, 2017 |

Deputy FBI Director Andrew McCabe, who was reportedly scheduled to testify behind closed doors on Tuesday in front of the House Intelligence Committee, is now not expected to show up, a source told Fox News.
FOX News