News

Now, Illinois is Looking at Tax Payments in Bitcoin

Illinois has joined a growing number of US states looking to pave the way to allow cryptocurrencies as payment for taxes. House Bill 5335, aka the Revenue Cryptocurrency Bill, is being sponsored by Rep. Michael Zalewski, a Democrat. It’s an amendment to the current Department of Revenue Law of the Civil Administrative Code of Illinois, […]

PayPal Files Patent for Off-Chain Payments to Speed up Cryptocurrency Processing

According to a recent patent filing, Paypal Inc. is developing a new protocol that will make crypto transactions faster — great news for Bitcoin and other digital currencies. Published last week, the patent details a new system that would transfer private keys outside of the blockchain to speed up transactions. Such off-chain solutions have been hailed by the likes […]

Bitcoin Price Sideways: The Price of Freedom

  With the current market movement (or lack of it) it’s important to understand the forces behind it and, at least to some extent, find reasons for the current stillness. Why is the price moving sideways? –disclaimer: my opinion is not financial advisement. Investing in cryptocurrencies has huge risks associated so read as much as […]

$25 Million: US Marshals to Auction 2,170 BTC Later This Month

The US Marshals Service (USMS) has announced that it will auction off nearly $25 million worth of Bitcoin in less than two weeks. On Monday, the agency issued a statement revealing that it will hold a sealed bid auction to dispose of 2,170 BTC — worth $23.6 million at the present Bitcoin exchange rate — […]

Cryptocurrency News Round-Up From Russia: Highlights

This is the first in a series of weekly news highlights about blockchain technology and cryptocurrency in Russia. Last week’s headlines included an endorsement of blockchain technology from President Putin, tax exemptions for cryptocurrencies and a legal decision that prevented the seizure of cryptocurrency assets in a bankruptcy case. Putin Endorses Technological Development in Russia […]

Samourai Bitcoin Wallet Review: A Software Wallet that’s Focused on Privacy

The post Samourai Bitcoin Wallet Review: A Software Wallet that’s Focused on Privacy appeared first on 99 Bitcoins. Looking for a good Bitcoin wallet for your phone? I was too, before my recent overseas trip to 99Bitcoins’ headquarters. (Each of us works from a different country.) I needed a secure, reliable wallet—ideally one with an […]