Bitcoin

Bitcoin Rally Stalls But Bull Revival Isn't Yet Ruled Out

Bitcoin Rally Stalls But Bull Revival Isn't Yet Ruled Out Bitcoin’s failure to find acceptance above the $11,000 mark this week has neutralized the immediate bullish outlook. However, the rally from Feb. 6 lows could resume if prices break above $11,250, the technical charts indicate. As of writing, CoinDesk’s Bitcoin Price Index (BPI) is seen…

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Bitcoin Lightning Fraud? Laolu Is Building a 'Watchtower' to Fight It

Bitcoin Lightning Fraud? Laolu Is Building a 'Watchtower' to Fight It A woman peers out from a watchtower. Below her hundreds of people are walking the streets of a bustling marketplace. She has one power: If a vendor tries to cheat a buyer or vice versa, she pushes a button, instantly notifying the innocent party.…

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The Legal Risk to ICOs That No One's Talking About

The Legal Risk to ICOs That No One's Talking About Jared Marx is an attorney at the Washington, D.C. law firm Harris, Wiltshire & Grannis. He represents companies and individuals in civil and criminal proceedings.  With the rise and rise of initial coin offerings (ICOs), much attention has been paid to how the U.S. Securities…

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Venezuela's Cryptocurrency Is Here, But Who's Involved Isn't Clear

Venezuela's Cryptocurrency Is Here, But Who's Involved Isn't Clear There’s a flurry of information coming out of Venezuela this week about its new national cryptocurrency, the petro, though a full picture of the project has yet to emerge. Indeed, despite the press conferences and Twitter campaigns, one of the notable questions to emerge about the…

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US Government Arrests Bitcoin Stock Exchange Founder

US Government Arrests Bitcoin Stock Exchange Founder The owner of BitFunder, a long-defunct, bitcoin-denominated stock exchange, has been arrested by the U.S. government. The charges against Jon Montroll, also known as “Ukyo,” were unveiled today by the U.S. Justice Department following an investigation that involved the Federal Bureau of Investigation (FBI) and the Securities and…

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Lawmakers Renew Calls for US to Lead on Crypto Innovation

Lawmakers Renew Calls for US to Lead on Crypto Innovation “Cryptocurrency networks are much more than alternatives to the dollar or payment mechanisms.” That was the message delivered to the heads of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Wednesday by three lawmakers and members of the Congressional Blockchain Caucus…

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What Venezuelans Are Saying About Their New National Cryptocurrency

What Venezuelans Are Saying About Their New National Cryptocurrency Social media has been abuzz since Tuesday’s initial sale of the forthcoming Venezuelan government-backed cryptocurrency, the petro, though reviews are so far mixed. So far, Venezuelan president Nicolas Maduro has claimed that the country had collected a whopping $735 million during the first day of its presale…

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Crypto Nodes Are One Step Closer to Legal Protection in Arizona

Crypto Nodes Are One Step Closer to Legal Protection in Arizona Proposed protections for cryptocurrency node operators are moving ahead in Arizona’s legislature, public records show. House Bill 2602, which was filed on Feb. 6 by Representative Jeff Weninger (R.-17), passed the Arizona House of Representatives on Feb. 20 with 55 votes out of a…

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Ripple Papers Promise New Start for $40 Billion XRP Cryptocurrency

Ripple Papers Promise New Start for $40 Billion XRP Cryptocurrency The startup that oversees development of the world’s third most-valuable cryptocurrency, XRP, is moving to upgrade the underlying technology on which it operates. Announced Wednesday, San Francisco-based startup Ripple is releasing two new white papers for peer review – one describing XRP‘s consensus algorithm in a…

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A Token to Regulate All Tokens? Messari to Raise ICO in 2018

A Token to Regulate All Tokens? Messari to Raise ICO in 2018 Some envision an apocalyptic battle between cryptocurrencies and regulators, others foresee blockchain innovations becoming too powerful to be tamed. But Ryan Selkis, widely known by his Twitter moniker TwoBitIdiot, isn’t devoted to either one of these futures. The founder of Messari, a nascent crypto…

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