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Bitcoin News Summary – November 5, 2018

The post Bitcoin News Summary – November 5, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds.  Former US congressman and famous Libertarian, Ron Paul, advocated for the abolition of all taxation on cryptocurrencies. Paul said such a move may prevent recession. He also supported President Trump’s […]

Middle East Hub? Ripple to Set up an Office in Dubai by Year-End

Ripple has announced that it will be setting up an office in Dubai, United Arab Emirates before the close of 2018. Speaking during this year’s Global Islamic Economic Summit that was held in Dubai, Ripple’s global infrastructure innovation head, Dilip Rao, indicated that the focus of the fintech firm would be on cross-border payments. In […]

SEC Report: Reducing Cryptocurrency Scams Among Their Top Priorities

In the U.S. Securities and Exchange Commission’s (SEC) latest annual report, the regulatory authority explained that reducing the number of cryptocurrency-related scams is currently among their top priorities. The report specifically cites initial coin offerings (ICOs) as one such sector of the industry that they are focusing on. The report comes amidst an exponential increase in crypto-related […]

Crypto 101: Beginner’s Guide to Cross-Chain Atomic Swaps

Atomic swaps mean the ability to exchange digital assets across different blockchain networks without the involvement of central parties. This has piqued the interest of the crypto-community since early 2017. Atomic swaps are inherently different from decentralized cryptocurrency exchanges because they represent a novel cryptographic protocol. Here two parties seamlessly and securely exchange bitcoin or other digital […]

Brazil Tax Authority Orders Crypto Exchanges to Provide Monthly Reports

Brazil’s tax regulator, the Department of Federal Revenue, is requiring local cryptocurrency exchanges to report their operations on a monthly basis in order to verify tax compliance and improve the country’s fight against money laundering and corruption. Brazillian Cryptocurrency Exchanges to Report Monthly Trading Data to Authorities Citing the examples of Australia and South Korea, […]

This Electric Bike Runs on Lightning Network Bitcoin Micropayments

Matthias Steinig, a German developer whose focus seems to be on the development of Lightning Network-enabled technologies to serve consumers, has created two projects to date which are notable and Lightning-related. The first is an e-commerce solution which supports Lightning transactions in the traditional web store format. A demonstration of it is live here. The […]

Binance Announce Support of Upcoming Bitcoin Cash Hard Fork

Binance, one of the biggest cryptocurrency exchanges on the planet, has announced full support of the upcoming Bitcoin Cash hard fork scheduled for November 15. More Companies Announce Bitcoin Cash Hard Fork Policies Just days after Ledger, one of the largest hardware wallet providers globally, announced their own policy on the upcoming Bitcoin Cash hard […]