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LocalBitcoins Stops Cash Trades, Personal Offers on Platform

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Multiple users have reported that crypto trading platform LocalBitcoins has stopped allowing customers to make in-person trades of crypto assets for cash in an anonymous fashion. Reddit user u/GrayLifes first posted about this development on June 1, 2019, claiming that cash ads were removed from the platform without warning. A wide range of other users concurred, stating that all “local ads are hidden or deleted for the entire site,” without any option to search for possible traders nearby. “All my local trade ads are missing,” user u/scottemick claimed. “How can it even be called local bitcoins anymore?” One of the largest peer-to-peer crypto exchanges in the world, LocalBitcoins has encountered a wide array of legal difficulties in the past several months. … [Read More...]

The FBI Wants QuadrigaCX Victims to Share Their Experiences, Posts Questionnaire

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The U.S. Federal Bureau of Investigation (FBI) has questions in its ongoing investigation into the mysterious $190 million collapse of Canadian crypto exchange QuadrigaCX, so it’s turning to previous customers of the exchange for answers. Yesterday, the agency posted a questionnaire on its website requesting responses from QuadrigaCX victims. In cooperation with various departments of the U.S. government, the FBI opened a probe into QuadrigaCX in March amidst swirling legal troubles. “… responses are voluntary but would be useful in the federal investigation and to identify you as a potential victim,” the questionnaire reads. “Based on the responses provided, you may be contacted by the FBI and asked to provide additional information.” These troubles came after QuadrigaCX announced its insolvency in January 2019, after … [Read More...]

Bitcoin News Summary – July 1, 2019

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The post Bitcoin News Summary – July 1, 2019 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. ?????????? A video surfaced this week of an Iranian Bitcoin mining operation running inside a mosque, buildings which receive free electricity in the country. It was reported that $260k worth of Bitcoin has been mined inside 100 different Iranian mosques. Meanwhile, the government is shutting [Read More...]

Bitcoin News Summary – July 8, 2019

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The post Bitcoin News Summary – July 8, 2019 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. ??????????? eToroX, the specialized blockchain division of social trading platform eToro, has announced the launch of the first five of 120 ERC-20 tokens. ERC-20 is a technical standard that sets rules for tokens launched on the Ethereum or related blockchains. The new tokens include two [Read More...]

BitPay Partners With New York Stem Cell Foundation

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BitPay, a Bitcoin payment processor used by over sixty-thousand businesses and organizations, has partnered with the New York Stem Cell Foundation (NYSCF) to increase the reach of donations. The NYSCF is a non-profit organization using stem cell research to accelerate cures and medicine testing. ALS, diabetes, cancer, spinal cord injury, Parkinson’s, and Alzheimer’s are among the major diseases the NYSCF is working to create cures for. The non-profit recently unveiled the NYSCF Global Stem Cell Array™, a means to generate stem cells from patient cells. International donations free from international regulations and bureaucracy are a major benefit for non-profits accepting Bitcoin. BitPay Business Development Director Rory Desmond said on the subject, “We’re excited to see how [NYSCF] will use this … [Read More...]

Will bitcoin be a good investment in 2016?

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Bitcoin has witnessed an exponential growth in recent months and has started gaining attention among the media and government authorities. Several multinational corporations and financial institutions have started embracing bitcoin as a legitimate payment system. Bitcoin is the most popular digital currency holding around 80% of the market share and its market cap is worth more than $10 billion currently. Bitcoin offers faster transactions with anonymity and reduced costs, making it an attractive choice for online traders. Some of the key reasons to consider Bitcoin as a good investment for 2016 are listed below, Increased Acceptance: Bitcoin is gaining popularity as more and more investors have started showing interest in this borderless digital currency. Based on certain financial reports, there has been around 44 percent increase in the number … [Read More...]

TNC Group’s Official Event Launch Unveiled Buyaladdin Shopping Mall

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TNC IT Solutions Group (TNC) is a global blockchain development firm based in Dubai, UAE. With the vision of uniting the cryptocurrency world, TNC has formally introduced the company’s major objectives, business strategies, and synergized ecosystem during the official event launch yesterday, July 16, at the Rockefeller Center in New York. The opening keynote for … Continue reading TNC Group’s Official Event Launch Unveiled Buyaladdin Shopping Mall The post TNC Group’s Official Event Launch Unveiled Buyaladdin Shopping Mall appeared first on CoinSpectator Blog. [Read More...]

New partnership will allow Bitstamp’s customers to deposit and withdraw funds denominated in GBP

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Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts. Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, … Continue reading New partnership will allow Bitstamp’s customers to deposit and withdraw funds denominated in GBP The post New partnership will allow Bitstamp’s customers to deposit and withdraw funds denominated in GBP appeared first on CoinSpectator Blog. [Read More...]

Bytom Host Successful 2019 Global Dev Conference in San Francisco

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Bitcoin Press Release: Bytom public blockchain has successfully held its 2019 Developer Conference in San Francisco, giving away $30,000 to the competitions first prize winner.  30 August, San Francisco – The 2019 Bytom DevCon was successfully held in Fort Mason, San Francisco, on August 24th. More than 50 teams from the US, Russia, India, Belgium, Brazil, Nigeria and China registered for 2019 dev challenge and six winning teams did demo show at the conference. Paypaw team from Canada, which developed a BTM micropayment system, won the first prize and received $30,000 equivalent in BTM tokens. This is Bytom’s second DevCon, the first was held in China last year. 2019 Bytom DevCon invited many speakers in the blockchain industry including Darin Kotalik, Director of ETC Labs; Naveed Ihsanullah, Head of Engineering at Algorand; Nick … [Read More...]

Terra and Mining Token Luna Listed on KuCoin Cryptocurrency Exchange

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August 30th, 2019, Singapore— Stablecoin Terra SDT (SDT) and mining token Luna (LUNA) listed on BTC and USDT markets. Terra, the project building the next-generation payment system on the blockchain, announces today that its stablecoin Terra SDT (SDT) and mining token Luna (LUNA) will both list on global cryptocurrency exchange KuCoin. Deposits will open on August 28, 8:00 am UTC, and trading will start at 10:00 am UTC with trading pairs LUNA/BTC, LUNA/USDT, and SDT/USDT. Terra is a blockchain payments network that is powered by two tokens: Terra and Luna. At its core lies the algorithmic stablecoin Terra, which refers to a family of cryptocurrencies that are each pegged to the world’s major currencies. Terra’s flagship currency, Terra SDT, is pegged to the IMF’s SDR and serves … [Read More...]

Bitcoin News Summary – July 15, 2019

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The post Bitcoin News Summary – July 15, 2019 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. ???????????? The Fold mobile app, which allowed discounted Starbucks purchases for Bitcoin is now back with Lightning Network support. Fold now allows for almost-feeless purchases at Amazon, Starbucks, Uber, Home Depot, Target, and more.  Bitcoin got its first mention by a sitting US president. Trump [Read More...]

Bitcoin News Summary – July 23, 2019

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The post Bitcoin News Summary – July 23, 2019 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. ????????????? Major US bank, Wells Fargo, will no longer allow its customers to purchase Bitcoin with their own funds. Specifically, the bank responded to a customer complaint on Twitter that ‘they do not allow transactions involving cryptocurrency.’ Last year, Wells Fargo banned the purchase of [Read More...]

Bitcoin payments to be accepted by PwC Luxembourg

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One of the world’s largest audit and tax management advisory companies PwC Luxembourg has confirmed that it will start accepting Bitcoin payments from Oct 01. At a time when industry experts are engaged in heated debates over arguable Bitcoin adoption rate, several big corporations are taking the plunge and committing themselves to explore endless opportunities […] [Read More...]

ADK, EnvisionX announce first successful blockchain campaign with Unilever Japan

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Leading Japanese advertising agency ADK and UK-based adtech vendor EnvisionX have announced their first successful blockchain campaign with Unilever Japan. According to a press release CoinReport received from Jargon PR, EnvisionX’s communications agency, the PoC was conducted using EnvisionX’… The post ADK, EnvisionX announce first successful blockchain campaign with Unilever Japan appeared first on CoinReport. [Read More...]