Bitcoin Cash Games Launches $3K Leaderboard Tournament to Celebrate the 3rd BCH Anniversary
To celebrate the third anniversary of Bitcoin Cash, the world-class gaming platform Bitcoin Cash Games is launching a leaderboard tournament worth $3k. On August 1, the Bitcoin Cash community will be celebrating the network’s third anniversary and the project has ... read more.
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to "protect investors." Chinese ... read more.
US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2
The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According ... read more.
Putin Signs Law Giving Cryptocurrency Legal Status in Russia
Russia's bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir ... read more.
India Proposes Amnesty for Citizens Holding Unreported Gold
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to ... read more.
Single Miner Reorgs Ethereum Classic - Devs Report a Chain Split
Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack ... read more.
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals' Problem
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the "Byzantine generals' problem" or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often referred to ... read more.
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
The Beijing Arbitration Commission has published an article clarifying that bitcoin's use as a commodity has never been banned in China. It explains that the Chinese authorities' attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity ... read more.
Alleged Twitter Hack 'Mastermind' Owns $3 Million in Bitcoin, Bail Set at $725K
Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old ... read more.
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of ... read more.
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets ... read more.
Government-Owned Swiss Bank Launching Crypto Trading and Custody Services
Basler Kantonalbank (BKB), Switzerland's eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned commercial ... read more.
