This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Crypto is notoriously a “tough neighbourhood,” as even evergreen Bitcoin bull Tom Lee has put it. After a week in which double-digit losses wreaked havoc on many high-profile cryptos, and Bitcoin (BTC) momentarily fell through the $6,000 support, pitiless bearish sentiment has been circling, with some accusing the top coin of being “exhibit A” in a “permanently impaired or even game‐over” market. While Bitcoin may have posted 2018 lows, Ethereum (ETH) also plummeted to …
Bitcoin.com CEO Roger Ver has hinted his publication may launch an ICO as he unveiled a new tool allowing developers to issue tokens on the Bitcoin Cash blockchain in a Bitcoin.com video August 11. Together with one of Bitcoin.com’s lead developers Corbin Fraser, Ver hinted in the video at that the advent of the Wormhole Cash protocol, which allows for token creation on Bitcoin Cash, would afford new possibilities. “For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future,” Fraser had said, to which Ver responded: “They’re probably coming to Bitcoin.com, too. We’ve …
Ever since the "decentralised borderless voluntary nation” Bitnation was founded in July 2014, a slowly growing raft of startups and organisations have been attempting to seize cryptocurrencies as an opportunity to build entirely new nations from the ground up. Whether it be the landlocked Liberland or the seaborne Floating Island Project, they've taken cryptocurrencies and blockchains as the basis for a new way of organising how people live, interact and work. And even if they've approached the same fundamental task from varying angles, they all regard the decentralisation of crypto as a potential liberator from the top-down control of central …
Bitcoin.com’s CEO Roger Ver and COO Mate Tokay have become advisors to a fintech startup MoneyToken, as reported in MoneyToken’s announcement. The partnership between MoneyToken and Bitcoin.com may bring new benefits to the Bitcoin Cash (BCH) community, as BCH will be available as accepted collateral on the MoneyToken lending platform, says the joint press release. According to Bitcoin.com, Roger Ver is also an advocate of Bitcoin Cash and one of the key influencers in the crypto community because of his early investments - since 2011 - in crypto-related startups including Ripple, Blockchain.info, Bitpay and Kraken. Ver’s company, MemoryDealers, became the …
A Bitcoin Cash (BCH) upgrade that will both increase block size from 8MB to 32MB and add or reactivate Bitcoin script operation codes (Op codes) has been activated today, May 15. The hard fork used the Median Time Past (MTP) for initiation, going live on next block after the MTP timestamp of 1526400000 at 16:14 UTC. Bitcoin ABC, a Bitcoin Cash full node implementation, posted on April 1 that the Bitcoin ABC 0.17.1 full node upgrade testnet was available, noting that all BCH full nodes needed to upgrade and that major exchanges and wallets were being notified. BitcoinCash.org also wrote …
They say that revenge is a dish best served cold - in this case, perhaps with a side of Bitcoin? While Mark Zuckerberg’s stake in Facebook has made him one of the richest men in the world, his rivals, the Winklevoss twins, found another way to become billionaires. The twins sued Zuckerberg in 2011 and received a $65 mln payout. While that number was paltry in comparison to the company’s worth, it was enough to take the twins’ net worth past the billion dollar mark. According to The Telegraph the twins invested $11 mln of the payout in Bitcoin in …
The New York State Department of Financial Services (NYDFS) yesterday released the third and final revisions to its BitLicense legislation. The updates are aimed at improving functionality within the industry and making sure businesses are compliant without stifling innovation. Two previous versions of the regulations received much criticism and the third is no different. Here are some Bitcoin community reactions to the updated NY BitLicense: Jesse Powell, co-founder and CEO, Kraken: “The heavy compliance costs on digital currency exchanges will make it much more difficult to operate a profitable exchange in the state. Many fear it will stifle innovation in …
Ripple Labs sold “magical Internet money” to convicted felon Roger Ver without sending a Suspicious Activity Report (SAR) to the U.S. state. And Ver may not have been the only client with whom the company maintained a private relationship. Ripple Labs will now pay a US$700,000 fine in accordance with the U.S. Bank Secrecy Act. Ver, who spent 10 months in prison for selling exploding objects without proper authorization, is also known as “Bitcoin Jesus.” His opinion is widely respected among users of magical Internet money, and he publicly professes a belief that all human interactions ought to be voluntary. …
Jon Matonis and Roger Ver on the solutions Bitcoin offers to the gaming industry, Bitreserve’s Halsey Minor announces new customer, and ‘decentralized gaming’ with Credits. On February 3, the ICE Totally Gaming Conference 2015, dubbed “the largest and most comprehensive trade event in gaming,” dedicated a whole day of seminars on “Bitcoin and Cryptocurrencies” - a noteworthy move in itself considering that there was just one panel at last year’s event. The venue was full despite being tucked away in a separate 100-seat seminar room. Among those in attendance were the former Executive Director of the Bitcoin Foundation, Jon Matonis, …
On December 9, investment writer Martin Tiller wrote for NASDAQ that the biggest danger to Bitcoin comes from libertarians who will “hurt the very cause that they are championing.” He argued in the article, entitled “The Biggest Dangers to Bitcoin Come from Proponents, Not Opponents,” that those who speak out against Bitcoin aren’t the ones who hurt it. We all know the “tired objections” about “bad actors” who “latch onto” Bitcoin, he says. If the digital currency fails, it will be due to those who support it: “What is probably the greatest danger to the future of Bitcoin, and maybe …
Thanks to Bitcoin, the world of economies and transactions are undergoing a revolution never seen before. And it is precisely at the Virtual Expo 2015 that Bitcoin brings together, for the first time in recent history, the most important players of the social, industrial and economic movement that is already a reality in many countries around the world. Additionally, Cointelegraph is proud to announce that it will be the official media sponsor of this truly global and decentralized event. Lucano, co-founder of Bitcoin World explains: "This expo embodies the virtual, global and public philosophy of cryptocurrency. It is time that …
Roger Ver is an early adopter of Bitcoin and a peace advocate who puts his satoshis where his mouth is. A few years ago he fled the state in America to live in Japan, after spending ten months in a California prison for selling pest control products without state permission papers. In a natural alliance, he’s doubled his original donation match pledge of US$10,000 to Antiwar.com to US$20,000. The donation drive is active now and will wrap on December 14. Angela Keaton is the director of operations at Antiwar.com, which has been accepting Bitcoin donations since 2012. She shared details …