ANALYSIS

Seed CX Subsidiaries Receive Bitlicenses From New York Regulator

[ad_1] New York state financial regulators have issued virtual currency licenses to two subsidiaries of crypto derivatives firm Seed CX: Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC.In a press release published on July 15, Financial Services Superintendent Linda A. Lacewell announced that the New York State Department of Financial Services (DFS) has approved the applications of SCXM and Zero Hash for virtual currency licenses. SCXM operates as
ANALYSIS

South Korea’s Biggest Credit Card Patents Blockchain Payments System

[ad_1] South Korea’s leading credit card firm Shinhan Card has been granted a patent for a blockchain payments system, English-language local media The Korea Times reports on July 15.Per the report, with the newly patented technology the company has established a blockchain-powered credit transaction process allowing for setting spending limits, paying in monthly installments and carrying out payments. The outlet quotes an anonymous Shinhan Card official commenting on the development:“Services
ANALYSIS

Who Is Heath Tarbert, What He Thinks of Crypto?

[ad_1] July 15 will mark the first day in the office for the United States Commodity Futures Trading Commission’s (CFTC) new chairman, Heath Tarbert. As the crypto community is bidding farewell to the regulator’s outgoing head, J. Christopher Giancarlo, his successor’s stance on digital assets remains unknown. Turning to Tarbert’s record as a civil servant and attorney in the financial markets field could shed some light on the direction that
ANALYSIS

Pundi X Integrates Crypto Payments Into Traditional Sales Terminals

[ad_1] Cryptocurrency payments startup Pundi X announced that it has integrated its crypto payments system into a device made by American Point of Sale (POS) systems producer VeriFone in a press release July 12.Per the release, the startup has integrated its XPOS crypto payments module on the X990 Android-based POS terminal by VeriFone, which is reportedly one of the world’s major producers of such devices. The initiative aims to allow
ANALYSIS

Wiki’s Co-Founder Larry Sanger on Internet, Blockchain and Knowledge

[ad_1] Intellectual of the innovative industry, innovator of the concept of intellectuality, experimentator with technologies and educator by dedication, before co-founding Wikipedia in 2001, Larry Sanger studied and taught philosophy, being interested especially in epistemology — i.e., the science of knowledge. It was in college that he started thinking of the internet as a potential way of decentralizing knowledge. His early project in this regard was a web forum for discussions
ANALYSIS

BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report

[ad_1] The effect of block reward halvings for both Bitcoin (BTC) and Litecoin (BTC) mining could be mitigated by merged mining, according to a report by a research arm of major crypto exchange Binance released on July 12.Following Charlie Lee’s prediction that some miners may shut down Litecoin mining after the halving, which is expected to take place on Aug. 5, 2019, Binance Research analyzed the potential of so-called merged
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Billionaire Mark Cuban Says Facebook’s Libra a Big Mistake

[ad_1] Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12.During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. He said:“I’m not a big fan of what they’re doing there. [...] I think it’s a big mistake.”Cuban reportedly explained that he is more concerned about Libra’s global impact than the impact
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Bitcoin Industry Celebrates ‘Achievement Unlocked’ as Trump Pumps Market

[ad_1] Donald Trump saying he is not a fan of Bitcoin (BTC) and cryptocurrency is “yuge” for the industry, commentators were suggesting after new tweets on July 12.In the hours after the United States’ president delivered his lackluster appraisal of crypto, the Bitcoin price stayed stable, only to then begin growing to hit 1% gains Friday. Negative or not, for proponents, the event marked a psychological milestone for Bitcoin, as Trump
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Miami Dolphins to Endorse Litecoin as Team’s Official Cryptocurrency

[ad_1] American professional football team the Miami Dolphins announced that Litecoin (LTC) is now the team’s official cryptocurrency, according to a press release on July 11.The Miami Dolphins and Litecoin have also partnered with Aliant Payments, a crypto merchant services and payment processing firm, to enable crypto payments for the team’s upcoming 50/50 raffle, which reportedly donates half of its revenue to charity.Cryptocurrency users will reportedly be able to buy
ANALYSIS

Bitcoin Startup Brings Lightning Network Payments to Amazon, Whole Foods

[ad_1] United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10.As previously reported, the Bitcoin (BTC) Lightning Network is a second-layer solution to bitcoin’s scalability limitations, opening payment channels between users that keep the majority of transactions off-chain, turning to the underlying blockchain only to record