According to a DEA agent, far more Bitcoin is being used for speculation than to facilitate crimes. That said, the number of Bitcoin used in various criminal acts is still rising. DEA Use Blockchain Analysis to Identify Those Using Bitcoin for Illegal Purposes It used to be the case that most Bitcoin being transacted was […]
It’s been a tough week for most cryptocurrency investors, as the groundbreaking news that the world’s largest stock exchange operator is launching a bitcoin market failed to translate into bullish price movement. For ethereum classic supporters, however, the week could not have gone much better. Coinbase Pro Begins Taking Ethereum Classic Deposits Over the past […]
The worst does not appear to be over for the bitcoin price, as the flagship cryptocurrency on Tuesday slipped below $6,800, a mark that many analysts had pegged as a critical support level for BTC’s short-term prospects. Bitcoin had spent the majority of the day trading above the $7,000 mark. However, as CCN reported, the […]
Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies. The bank recently published an article […]
American troops serving overseas will be able to cast their votes in West Virginia through a mobile voting platform based on blockchain technology in the federal elections in November 2018. The mobile voting platform, Voatz, will use facial recognition software to match each user’s “selfie-style video of their face” to their government-issued ID, according to […]
The U.S. SEC has delayed a decision on a proposed bitcoin ETF, pushing its final determination ahead by more than a month.
A member of the Ukraine Central Election Commission is investigating the use of blockchain technology in elections with a local NEM Foundation group.
SEC officials huddled with stakeholders last week on a proposed bitcoin ETF.
Coinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. Working With Regulators In a […]
The post Bitcoin News Summary – August 6, 2018 appeared first on 99 Bitcoins. Español Русский Here’s what happened this week in Bitcoin in 99 seconds. The unexpected price drop in Bitcoin last week likely resulted from a failed margin call on a massive position on Hong Kong’s OKEx exchange. A highly-leveraged position, representing about […]