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Japanese Exchange Bitpoint Launches Trading Platform in Panama

December 13th, 2018

On Wednesday, Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, Ethereum, bitcoin core, litecoin, and ripple. Also read: BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol Bitpoint Japan Expands to Latin America…

Google Trends Reveals One of the Top Questions of 2018 — ‘What Is Bitcoin?’

December 13th, 2018

Google has just published its annual Year in Search query statistics for 2018 and the biggest question of last year was “What is Bitcoin?” According to Google Trends, searches for the term “Bitcoin” have declined rapidly since 2017, but web users querying its definition led internet searches last year. Also read: Indian Supreme Court Moves…

Davinci Jeremie Shares His Prediction After Stellar Track Record of Bitcoin Calls

December 13th, 2018

Davinci Jeremie, Chilean software developer and little known Bitcoin guru, who has a stellar track record of Bitcoin calls is back. Only As Good As Your Last Call If you’re sick of so-called experts, confidently calling the bottom of the bear market, only for the following week to wipe another [insert obscene amount of money…

Report: Lightning Network Still Way off Being Ready for Commercial Use

December 13th, 2018

The Lightning Network (LN) is a second-layer protocol that was long promised as a solution to BTC’s scalability problem. However, the off-chain system is still very far from being able to support actual commence according to a new review by business management technology company Scipio ERP. Also Read: The Daily: CEX.io Enforces KYC, Okex Updates…

CFTC Wants to Know More About Ethereum: Are ETH Futures on the Horizon?

December 13th, 2018

The United States Commodity Futures Trading Commission (CFTC) wants to know more about other cryptocurrencies apart from Bitcoin, starting with Ethereum. The Commission has issued an official Request for Input (RFI) on the matter. Request for Input: Ethereum In a press release published on Tuesday (December 11, 2018), the Commission expressed its desire to become…

Allianz Global Investors CEO Calls for Cryptocurrencies to Be Outlawed

December 12th, 2018

The head of one of Europe’s largest asset managers, Allianz Global, has called for global regulators to “outlaw” crypto assets. The outburst from CEO Andreas Utermann came during a panel discussion in London. Also read:Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering Cryptocurrencies Have “Wiped out People’s Savings” Allianz Global Investors chief Andreas…

Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

December 12th, 2018

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software…

BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol

December 12th, 2018

Over the last couple of weeks, the Bitcoin Cash (BCH) community has been talking fervently about zero-confirmation transactions and a new pre-consensus mechanism called Avalanche. On Monday, Openbazaar developer Chris Pacia published a comprehensive description of the pre-consensus protocol that could theoretically bolster secure zero-confirmation BCH transactions. Also read: ;Onegold Customers Can Now Purchase Digital…

Coinbase Slammed For Venezuela ZCash Airdrop Being an ‘Advertising Strategy’

December 12th, 2018

US cryptocurrency exchange Coinbase has received intense criticism for giving Venezuelan families a grand total of $1 per day – in altcoin ZCash, which it added to its books days previously. Scroogebase? In a blog post December 11, executives claimed that the initiative dubbed the “12 Days of Coinbase,” was meant to “empower those who…

Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card

December 12th, 2018

Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with news.Bitcoin.com about this new service which will soon add support for additional countries and cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for…