A man has plead guilty to stealing electricity from the Chinese state to power his Bitcoin mining operation. Xu Xinghu will be forced to serve a three and a half year prison sentence and pay around a $14,500 fine for his crime. Dwindling Profit Margins Cause Bitcoin Miners to Steal Power According to reports in […]
ESMA intends to report on how it may regulate ICOs by the end of 2018, chair Steven Maijoor told a European Parliament committee.
Binance, the largest cryptocurrency exchange by trading volume, said that it will make new cryptocurrency listing fees transparent and donate 100 percent of those fees to charity. The exchange made the announcement today, October 8, 2018, in a blog post where it stated that a listing fee would now be more appropriately called a “donation.” […]
The U.K.’s communications regulator, Ofcom, received £700,000 to study potentially using blockchain in managing the nation’s 1 billion phone numbers.
Oasis Labs is launching an incubator program for startups focused on privacy applications of blockchain, and some big investors are on board.
The post Bitcoin News Summary – October 8, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. China’s longest-running technology magazine, Beijing Sci-Tech Report, will accept Bitcoin payments for annual subscriptions. Starting in 2019, readers will can pay 0.01 BTC to receive the publication. Some crypto industry […]
Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand […]
BlackBerry Limited has now come up with a blockchain solution for secure data sharing among healthcare providers in order to improve patient outcomes. The company is using its network operation center (NOC) to power a blockchain digital ledger that aims to create a secure global system for storing and sharing patient medical data, a release […]
Bitcoin’s volatility rates have hit a 17-month low, due to a combination of a slow news cycle and low trading volume, leading some investors to believe that the lack of volatility could signal a maturing market. Despite this, debate remains as to whether or not a stable Bitcoin is a positive sign for its future. […]
Since early September, the price of Bitcoin has gradually increased from $6,100 to $6,550, testing the $6,800 resistance level on two occasions. Bitcoin experienced four dips in its price in the past 30 days and every consecutive drop in the price of the asset stabilized in a higher region than its previous decline in value. […]