More Than 70 Projects and Applications Built Around Bitcoin Cash

Over the last two years, the Bitcoin Cash (BCH) network’s protocol and third-party infrastructure have grown in robust fashion. There are now more than 70 projects and applications built on and around the BCH chain. The following is an in-depth guide on how to benefit from the growing number of BCH-based projects and tools available today. Also read: Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator Progressive Development and Statistics Just recently Bitcoin.com published a BCH resource page comprised of a vast number of tools and services available…

Read More

Bitcoin Magazine’s Week in Review: Bitcoin in Focus

This week saw another twist in the Craig Wright saga, LocalBitcoins move away from anonymous trading with its new KYC/AML requirements, Shopify welcome the Lightning Network and Chainalysis assert that not as many bitcoin as some people think are connected to illicit services. Craig Wright Suffers Loss Craig Wright, one of the most infamous names in crypto, has been embroiled in a high-profile legal case for the last 30 months with the estate of his deceased business partner David Kleiman.  In the wake of several court filings, things took a…

Read More

Dr. Maxim Orlovsky on Storm and Bitcoin L2/L3 File Storage

On August 16, 2019, Dr. Maxim Orlovsky presented the Storm concept to the world: A decentralized file storage protocol that’s built on top of the Lightning Network and makes use of specific financial incentives.  After revealing the project’s GitHub repository and starting an interesting conversation on Reddit, Orlovsky has quickly turned to Bitcoin developers for advice and constructive criticism: More specifically, his proposal was included in the bitcoin-dev mailing list on August 19, 2019, and reputed users like ZmnSCPxj and Stefan Richter have already provided their feedback. Given the intriguing…

Read More

Crypto News From Brazil and Portugal: Aug. 24-31 in Review

Major expansion of payment systems in Brazil and no taxes on BTC transactions in Portugal in news of the week from Cointelegraph Brasil. This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds.  Brazil’s central bank adopts IMF guidelines Brazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will be…

Read More

US Air Force Steps Up Blockchain Use: What Else Is the Pentagon Up To?

New blockchain-based initiatives from the US Air Force have Cointelegraph looking at prospects for the technology throughout US defense agencies. This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force.  New utility in USAF Judging by these developments, the U.S. Air Force is looking seriously at new tech to shore up supply chains and rearrange data. Simba Chain has reportedly been tasked with prototyping a blockchain approach for the registration and tracking…

Read More

Bitcoin Price: 4 Key Similarities to Previous Bull Market Corrections

Bitcoin price fell below $10K once again. But historical data is showing several similarities to previous corrections within larger bull market cycles. While Bakkt clients will be able to deposit their funds into the Bakkt Warehouse next week on Sept. 6, Bitcoin price is trending downwards after falling below $10,000 in the run-up to the event.  So is this already priced in or the market cycles are just repeating themselves? Let’s take a look at some key similarities to previous bull market cycles.  Similarities I & II: 100-week MA &…

Read More

Why Does Amazon Want to Hire Blockchain Experts for Its Ads Division?

The digital advertising ecosystem suffers from outdated infrastructure — the rise of smart contracts and tokenization could resolve industry pain points. Earlier this month, Amazon announced plans to hire blockchain experts for its advertising division. But how can the use of blockchain technology possibly resolve the pain points in the advertising industry? For the crypto industry, which is worth more than $240 billion, you’d think standard business tools like a shared database would be de rigueur in the digital advertising industry — but you’d be wrong. In reality, the industry…

Read More

Can PACs Popularize Cryptocurrency Donations in US Politics?

Can PAC give crypto a push? BitPAC — conceivably the only active crypto-centric political action committee — announced its plans to hold an ICO… Earlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering (ICO). The committee will reportedly issue a utility token called Politicoin, which will then be used to support its candidates running for public office. So, can PACs become a gateway for cryptocurrency-based contributions in United States politics while select states and high-profile…

Read More

Price Analysis 31/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, ADA

Bitcoin is at a strong support level. If it fails to bounce quickly, it is likely to turn negative. Let’s analyze the charts. This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from the hurdles that Facebook’s Libra project currently faces.  The total market capitalization of cryptocurrencies has dipped below $250 billion. Since mid-July, crypto markets have rebounded from close to this level on many occasions. Mike Novogratz…

Read More

Report: Telegram to Launch TON Blockchain Public Testing on Sept. 1

Unconfirmed: Pavel Durov plans to launch Telegram Open Network’s blockchain public testing on Sept. 1, according to one of the investors. Telegram Open Network’s (TON) blockchain public testing will launch on Sept. 1, according to one of the investors. On Aug. 28, Russian news outlet Vedomosti quoted an anonymous TON investor claiming to have learned this information from the development team, and the head of one of the companies that participated in the testing so far. According to the outlet’s sources, TON’s node software and all relevant documentation would be…

Read More