Smartbtc Sees the Need for Centralized Python-Based Smart Contracts

Smartbtc Sees the Need for Centralized Python-Based Smart ContractsJust recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was met, Smartbtc’s Python contract executed on February 19. Also […]

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Venezuela Named Cheapest Country to Mine Crypto as El Petro is Launched

As president, Nicolas Maduro rolls out the El Petro ICO, Venezuela is named the cheapest country in the world to mine Bitcoin. But is it also the most expensive place to live? The manual for the first 82.4 million units of the Venezuelan cryptocurrency, El Petro was made available for download in multiple languages yesterday to … Continue reading Venezuela Named Cheapest Country to Mine Crypto as El Petro is Launched

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Italy Completes Consultations on Registration of Crypto Companies

Italy Completes Consultations on Registration of Crypto CompaniesPublic consultations on a new regulatory regime for crypto companies in Italy are now closed. Interested parties were invited by the Ministry of Economy and Finance to share suggestions and comments on a draft decree introducing registration and reporting requirements in the sector. The new set of rules will come into force within 3 months […]

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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Now AvailableVenezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private […]

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Bitcoin Price Technical Analysis for 02/21/2018 – Waiting for More Buyers

Bitcoin Price Key Highlights Bitcoin price sold off from its rising wedge support previously highlighted, signaling that a downtrend may be in order. However, price is still testing support at the rising trend line connecting the lows since the start of the month. Technical indicators are also suggesting that bullish momentum could return. Bitcoin price … Continue reading Bitcoin Price Technical Analysis for 02/21/2018 – Waiting for More Buyers

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ICOs Have Raised $2 Billion This Year – Mostly from Private Sales

ICOs Have Raised $2 Billion This Year – Mostly from Private SalesDespite the quality of this year’s initial crowd offerings being patchy at best, investors’ appetite for them remains unsated. $2 billion has been raised already, placing 2018 on course to comfortably surpass 2017’s total of $5.7 billion. But with the structure of these sales now geared increasingly towards private investors, the public have been left […]

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What SegWit Means for Bitcoin, Bitfinex, Lightning Network

SegWit Adoption SegWit adoption has been steadily rising since its release in August 2017, albeit not as quickly as some would like. The problem is that it has to happen piece by piece, with each wallet, exchange, or other service provider rolling out the compatible address itself. Because each organization has both its own type of process … Continue reading What SegWit Means for Bitcoin, Bitfinex, Lightning Network

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SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

SBI Doesn't Ban Credit Card Crypto Purchases Despite Issuing WarningSBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards. Also Read: Indians Look to Buy Bitcoin […]

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Australian University Launches Nation’s First Blockchain Course

Recognising its importance as a revolutionary technology, an Australian university has today announced the country’s first course on blockchain technology. It’s being hosted by Melbourne’s RMIT University and is scheduled to start in mid-March. Blockchain Skills in High Demand The eight-week short-course aims to address the current vacuum of young talent familiar with blockchain technology. … Continue reading Australian University Launches Nation’s First Blockchain Course

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Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?”

Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?”One of the most intriguing things about the cryptocurrency space is the diverse, eclectic, and often eccentric characters it attracts. Everyone from Wall Street brokers to cypherpunks and from industrialists to anarchists can be found staking their claim in the fledgling crypto economy and saying their piece. In a recent interview, venture capitalist Tim Draper […]

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