On 1st September, local publications including Vedomosti Business Daily reported that the Russian government had officially opened its first criminal case involving bitcoin. Three businessmen were arrested for illegally trading 500 million rubles’ worth of bitcoin, worth just over $9 million. According to Forbes, more than 300 bank cards and sim cards were used by […]
This post Russia’s First Bitcoin Criminal Case: Illegal Trading of 500 Million Rubles first appeared on Coinjournal.
Through the execution of forks and protocol changes, Bitcoin, Ethereum, Ethereum Classic and Litecoin have been highly successful in improving their underlying infrastructures in terms of privacy, security and scalability. Most recently, the Bitcoin Core development team’s transaction malleability fix and scaling solution Segregated Witness (SegWit) was officially integrated into the bitcoin network to provide […]
This post Coinbase Co-Founder: Lack of Incentives May Become a Major Issue For Bitcoin & Ethereum first appeared on Coinjournal.
Bitcoin fees are rapidly decreasing due to the integration of the Segregated Witness (SegWit) by leading wallet providers. According to the blockchain analysis platform OXT, less than 10 percent of current bitcoin transactions are SegWit-enabled. Which means, only a small portion of users are experiencing lower fees and reduction in transaction size. But, despite the gradual […]
The Bitcoin, Ethereum and Blockchain Super Conference is taking place in Dallas, Texas, February 2018. With bitcoin hitting all time highs daily, the conference offers an opportunity to bring more people on board with the financial revolution.
The post A look into the Bitcoin, Ethereum and Blockchain Super Conference appeared first on Crypto Insider – Bitcoin and Blockchain News.
Bitcoin is in a bubble. That’s according to some. Billionaire investor Mark Cuban, BBC’s technology correspondent Rory Cellan-Jones and best-selling author and currency expert Jim Rickards are just a few names that spring to mind who are claiming this. Yet, even if this is the case, surely that’s not necessarily a bad thing and may […]
This post Are Investment Bubbles in the Crypto Space a Good Thing? first appeared on Coinjournal.
The Republic of Estonia, the first country in the European Union (EU) to introduce the concept of e-residency, a government-issued digital identity which allows entrepreneurs around the world to establish businesses virtually, is considering the formation of a sovereign wealth fund raised through bitcoin. Fundamentally, bitcoin represents decentralization, freedom, and privacy, and such attributes of […]
This post Estonian Government Considering Raising Bitcoin For its Sovereign Wealth Fund first appeared on Coinjournal.
The “paradox of plenty,” natural resources are both a gift and a curse to emerging economies. Rather than providing a flourishing economy, often the result is quite the opposite. Here’s how these countries are implementing blockchain and technological innovations to overcome the natural resource curse.
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According to research released in late 2015, U.K.-based Magister Advisors, a financial institution which focuses on facilitating mergers and acquisitions in the technology sector, explained that bitcoin could become the sixth largest reserve currency by 2030. Bitcoin has experienced exponential growth since 2009 based on many indicators including user base, trading volume, price, market cap and […]
This post Can Bitcoin Become a Major Reserve Currency by 2030? first appeared on Coinjournal.
Blockchain technology has taken off in Japan’s finance, business and governmental sectors.
The post Major domestic conglomerates match Japan’s blockchain drive appeared first on Crypto Insider – Bitcoin and Blockchain News.
As Indian authorities consider a framework for digital currency regulations, the nation is witnessing a rise in the number of cyberattacks with extortionists demanding ransoms in bitcoin. In May, world organisations were targeted by a cyberattack known as WannaCry where hackers were demanding ransom payments in bitcoin. Of those companies faced with the virus were […]
This post India Continues to Ponder Bitcoin Regulations as Cybercrime Soars first appeared on Coinjournal.