According to a statement earlier today, Jan. 28, Roger Ver’s Bitcoin.com is backing down from the 12.5% mining tax on Bitcoin Cash they proposed along with other major BCH mining pools owing to the community’s overwhelming negative response to the proposal. Bitcoin.com’s position Last week, Bitcoin Cash (BCH) personalities proposed a 12.5% tax on mining rewards that would ostensibly go to funding network development. Now Bitcoin.com has rejected the proposed mining tax unless serious alterations are made: "As it stands now, Bitcoin.com will not go through with supporting any plan unless there is more agreement in the ecosystem such that …

Leading Bitcoin Cash (BCH) personalities, including Bitmain CEO Jihan Wu and Bitcoin.com CEO Roger Ver, proposed on Jan. 22 an “infrastructure funding plan” that would see miners donate 12.5 percent of all block rewards to a Hong Kong entity. Many in the community turned harsh critics of the proposal. The fund would be used to promote Bitcoin Cash development, which the miners argue is a “far better solution” than having independent “corporate donors,” such as the Blockstream company for Bitcoin (BTC). The initial funding would be activated in May 2020 and run for six months. The expected revenue, based on …

Bitcoin.com, the Bitcoin (BTC)-related firm backed by crypto evangelist Roger Ver, is planning to launch its $200 million Bitcoin Cash (BCH) investment fund. Ver has announced the news speaking at a Bitcoin Cash meetup in London on Nov. 19, as he tweeted on Nov. 20. The event was hosted by major global crypto wallet Blockchain.com. The new Bitcoin Cash Ecosystem Fund will focus on payment solutions and non-custodial financial services for Bitcoin Cash, a cryptocurrency that emerged from a hard fork of Bitcoin in August 2017. The new fund will be investing in payment gateways and wallet acquirers According to …

Bitcoin Cash's Roger Ver took to Facebook to announce that he is giving away Bitcoin Cash (BCH) to further spread the adoption of the fourth-largest cryptocurrency by market capitalization. Bitcoin Cash price to increase by almost 100,000 percent? On Nov. 4, the Bitcoin Cash proponent and former CEO of Bitcoin.com, Roger Ver, said that he will send $5 worth of BCH to all of his Facebook friends, which “could easily become worth $5,000 some day” — an increase of 99,900%. If people are not already part of Ver’s network of Facebook friends, Ver will still send them $1 in BCH, …

Those who have followed the Bitcoin saga from the very beginning know that it’s a mistake in 2019 to only pay attention to the so-called “grandfather cryptocurrency,” as that would mean ignoring Bitcoin’s many relatives (and competitors) that share the same DNA. Bitcoin Cash (BCH), when it comes down to brass tacks, is similar to Bitcoin in most ways, but with one large distinction — it's bigger block size of 32 megabytes. This is a result of BCH innovator Roger Ver’s idea that scaling should be possible on-chain, without third-party accelerators like the Lightning Network. This project’s proposed solution to …

On Aug. 19, the standoff between Bitcoin Cash (BCH) and Bitcoin (BTC) took a new twist, as one of the industry’s most controversial Twitter accounts — with nearly a million followers — changed its views overnight. The account in question, @Bitcoin, has had a history of promoting Bitcoin Cash. Arguably the crypto industry’s biggest turnaround, @Bitcoin not only deleted old tweets about BCH but also changed links on its profile from Bitcoin.com (a pro-BCH site) to Bitcoin.org (a pro-BTC site). To date, it is not clear who owns the @Bitcoin Twitter account. However, for many years, the account has been …

Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week. Recent funding and goal Asia-focused newspaper South China Morning Post (SCMP) reported the news on Aug. 26. According to the report, CoinFlex received funding from Bitcoin Cash (BCH) advocate and Bitcoin.com CEO Roger Ver, as well as Polychain Capital, NGC Ventures and Divergence Digital Currency. Polychain Capital and Digital Currency Group joined CoinFlex’s investment consortium back in March. CoinFlex is now reportedly looking to increase business from Asian retail investors. A safe haven from price manipulation? Per SCMP, CoinFlex describes itself as …

Bitcoin’s (BTC) best-known names are currently playing a guessing game after one of the industry’s most controversial Twitter accounts changed its views overnight. @Bitcoin switches from Bitcoin.com to Bitcoin.org Multiple users, including Reddit’s r/Bitcoin Subreddit moderator, BashCo, are supplying theories to explain the behaviour of the @Bitcoin account. @Bitcoin has almost one million followers, yet its name has formed a misnomer for years. Instead of promoting Bitcoin, the account has long maligned it in favor of altcoin Bitcoin Cash (BCH) after allegedly falling into the hands of major proponent, Roger Ver. As of press time Aug. 20, @Bitcoin redirects to …

Bitcoin.com has appointed Stefan Rust as the company’s new chief executive officer as Roger Ver leaves the post, according to an announcement published on Aug. 2. Rust will continue working on the development of the company’s new products and services that promote peer-to-peer electronic cash. Commenting on the appointment, Rust said: “I’m hugely excited to take on the role of CEO working alongside Roger. Together we can now turbocharge the awesome team and great brand that is Bitcoin.com. [...] We will play an integral part in making money work for everybody as society undergoes such an enormous and pivotal change. …

A Justice of the High Court of England and Wales has dismissed a libel lawsuit against Bitcoin Cash (BCH) proponent and Bitcoin.com CEO Roger Ver. Justice Matthew Nicklin of the Queen’s Bench Division threw out the case earlier this week, according to a decision published on July 31. Back in May, Craig Wright — an Australian computer scientist who claims he is Satoshi Nakamoto, the creator of Bitcoin — served Ver with a libel suit in London. Wright accused Ver of calling him a fraud and a liar, among other things. Justice Nicklin wrote: “The Claimant has not satisfied me …

This article has been updated on June 22 to correct that the company started by the Winklevoss twins is called Gemini Trust LLC rather than Gemini Capital, that it does not have a Bitlicense but instead is regulated by the NYFDS, and that it is not affiliated with Genesis Global. Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers. The irony of a book about the Winklevoss twins’ journey into cryptocurrency — which stresses over and over again how …

Australian computer scientist Craig Wright has served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London bitcoin cash meetup according to a report by Decrypt on May 2. According to the report, Ver called Wright “a fraud and a liar” in a YouTube video — which has since been stricken for violating YouTube community guidelines — that prompted Wright’s libel suit. Ver commented to Decrypt that he will be fighting the lawsuit. Wright has served legal suits to other figures in the crypto sector, who have denied that he is the mysterious inventor of bitcoin, Satoshi Nakamoto. …