Author: coins

Researcher Breaks Mimblewimble, Deanonymizing 96% of Grin Transactions

Researcher Breaks Mimblewimble, Deanonymizing 96% of all Grin TransactionsThe Mimblewimble privacy technology used by cryptocurrencies such as Beam and Grin is broken. That’s the claim of researcher Ivan Bogatyy who has published a report documenting his findings. In it, he reveals how he was able to deanonymize 96% of all Grin transactions just by running a node at a cost of around $60. […]

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Nexinter – Profit Sharing Crypto Exchange

Nexinter - Profit Sharing Crypto ExchangeToday, Nexinter, the digital fiat-crypto and custodian exchange, has announced that it will be the profit sharing digital exchange in the world. 75% of the Nexinter’s profits from any operation or revenue stream on the platform will be returned to the community in a reward system.

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Coinex Chain Launches Two Tokens Anchored to BTC and BCH

Coinex Chain Launches Two Tokens Anchored to BTC and BCHOn November 15, the digital currency trading platform Coinex announced the launch of two Coinex Chain tokens that are anchored to BTC and BCH. The two collateralized coins will be used for trading on the Coinex Dex and will be traded in the name of the original assets respectively. Also read: Bitcoin.com Joins the Coinex […]

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With Christmas Approaching, Here Are Some Travel Sites Accepting Crypto

With Christmas Approaching, Here Are Some Travel Sites Accepting CryptoTraveling for the Christmas holidays is something anyone would enjoy. Dealing with travel arrangements, however, can be a headache. For crypto enthusiasts, being able to pay for airplane tickets, hotel bookings and car rentals with cryptocurrency is a relief, because it’s convenient and it’s safe. Numerous travel sites accept digital coins these days. Also read: […]

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Crisis Fears Rise as Global Debt Hits a Record $250 Trillion

Economic Crisis Fears Rise as Global Debt Hits a Record $250 TrillionThe world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system. Despite this, the central bankers who are causing […]

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Governments Viewing Crypto as a Threat Will Be Left Behind

Governments Viewing Crypto as a Threat Will Be Left BehindIn recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative espoused by U.S. officials that cryptocurrencies […]

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IRS Dispels Crypto Tax Confusion

IRS Dispels Crypto Tax ConfusionThe U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help them. Also read: Tax Guide: What Crypto Owners Should Know Pre-2018 Like-Kind Exchanges […]

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Market Update: Crypto Prices Improve After 3-Week Downtrend

Market Update: Crypto Prices Improve After 3-Week DowntrendDigital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Also Read: The Bank of Google Wants Your Spending Data Crypto Markets Lose 20% Since the […]

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Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well

Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well in AlbertaA nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S. and Canada, helping producers to save […]

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Bitcoin Traders Are Finding Creative Ways to Avoid KYC

Bitcoin Traders Are Finding Creative Ways to Avoid KYCCryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted nightmare of KYC, privacy-conscious traders have few platforms to which they can […]

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Bitcoin Cash Community Funds Eatbch Trip to Ghana

Bitcoin Cash Community Funds Eatbch Representative's Trip to GhanaThis week members of the Bitcoin Cash (BCH) community donated funds to Eatbch South Sudan volunteer Thiong Deng so he could spread the word about the benefits of BCH at the Young African Leaders Summit. According to Deng, his journey to Uganda and Ghana has been fully funded which includes flight, hotel, visa costs, and […]

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The Bank of Google Wants Your Spending Data

The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and the move is simply an acquisition of more customer data. […]

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Global Trend Against Cash Intensifies as China Joins the Squeeze

Global Trend Against Cash Intensifies as China Joins the SqueezeFor various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over their monetary policies, more and more governments are now working to […]

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Royal Bank of Canada Patents Point to Crypto Exchange Launch

The largest bank in Canada by market capitalization, Royal Bank of Canada (RBC), is reportedly opening a cryptocurrency exchange. Patents have been discovered that reveal some of the technology the RBC may implement, which could be used to bring digital currency trading to the bank’s 16 million clients. Also read: Bankers Start to Recognize Bitcoin’s […]

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The Crypto Companies Reinventing the Wallet

The Crypto Companies Reinventing the WalletYou wouldn’t think there was much to improve about cryptocurrency wallets. Save for a few UX improvements here and there, what’s to reinvent? A surprising amount, it turns out. This year has seen a resurgence in wallet investment and innovation, with VCs throwing funds at startups intent on reinventing the humble wallet. Also read: Bitcoin.com […]

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International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’

International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’The 2019 National Proceeds of Crime Conference (NPOCC) held in Brisbane, Australia from November 13-15 addressed “Globalisation and Digitisation of the Criminal Economy,” and featured 200+ delegates hearing from representatives of organizations such as the Australian Federal Police, Singapore and New Zealand police, United States Department of Justice, and the Australian Criminal Intelligence Commission. The […]

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Bitcoin Cash Upgrade Complete: 2 New Protocol Changes Added

Bitcoin Cash Upgrade Complete: 2 New Protocol Changes AddedThe Bitcoin Cash network has successfully upgraded the latest ruleset changes to the protocol. The BCH blockchain now features the enforcement of minimal pushdata in script which will make a majority of BCH network transactions non-malleable. Moreover, as an extension to last May’s Schnorr upgrade, the opcode OP_Checkmultisig(verify) will now feature Schnorr signature support. Also […]

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Indian Government Delays Introducing Cryptocurrency Bill

Indian Government Delays Introducing Cryptocurrency BillThe Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament. This gives the community a sigh of relief as many have been campaigning […]

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Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike

Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax HikeJapan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide effective “cash back” of up to […]

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Germany Barely Avoids Recession, Economy Remains Stagnated

Germany Barely Avoids Recession, Economy Remains StagnatedThe German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read: Germany’s Financial Crisis Invokes 5-Year Rent Freeze Dodging Recession by a […]

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Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners

Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a new price model for mining operations and prices per kilowatt-hour (kWh) will fluctuate during certain […]

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Instant Crypto Exchange Changelly Secures Access to SLP Tokens

Instant Crypto Exchange Changelly Secures Better Access to SLP TokensInstant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange Changelly to Use Rates […]

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Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts

On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital currency verge. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in […]

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Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal

US State of Ohio Crypto Program Hits a Snag, Attorney General Finds It IllegalThe Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states. Also read: US State of […]

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