Polish cryptocurrency market welcomes best practices adopted by the government on March 29. Companies in the industry hope it will help Poland get back to being one of the Top-5 markets in the world. The prospects seem even better than bright. It is always easier to develop an industry when the government supports it. And Polish authorities have definitely decided to promote the digitalization of the country’s financial markets. They even support programs such as “ Paperless, cashless Poland”, which is led by the Ministries of Economic Development, Digital Affairs, and Health, dedicated to supporting the development of cryptocurrency market. There are 13 Streams within the program, dedicated to eServices, eID, eHealth and blockchain/DLT. The full article: https://coinidol.com/cryptocurrency-best-practices-meet-best-response-in-poland/ |
|
|
|
Bitfinex has announced that it has finally redeemed 100% of all issued and outstanding BFX tokens. Bitfinex has announced that it has redeemed all of the BFX tokens issued after the crippling hack last summer that removed almost 120.000 Bitcoins from customer’s wallets. In August 2016, the Hong Kong based exchange was hit by a massive hack, stripping customer’s accounts of 119,756 Bitcoins, or around 70 million dollars. The attack on the leading Bitcoin exchange shook the whole market, with Bitcoin prices dropping within hours. The exchange decided to distribute losses among all users, with a general loss percentage of 36%. BFX tokens were created after the hack, with an obligation to return the 36% of lost funds to all customers. The full article: https://coinidol.com/cryptocurrency-best-practices-meet-best-response-in-poland/ |
|
|
|
Proof, a Korean financial technology company run by American and European expats, has launched property investment opportunities whereby users can buy small stakes of ownership for less than $3. While $3 won’t buy much of a property, Proof registers ownership records on thousands of computers via blockchain technology, giving buyers “proof” of ownership backed by legal agreements and property liens to protect investments. Blockchain technology is revolutionizing the banking industry, from decentralised, digital currencies like Bitcoin to new, cryptographically secure investment platforms like Proof. You can read the full article here: https://coinidol.com/blockchain-platform-proof-made-property-investment-cheap/ |
|
|
|
The micronation, located between Serbia and Croatia, will be celebrating its second anniversary next week. Zlatko Sucic, Liberland’s Commercial Attache to Serbia told to a correspondent from Coinidol.com about the country’s own form of cryptocurrency, called Merit and the way to get citizenship of the state. Special correspondent of Coinidol.com, World Blockchain News Outlet met Zlatko Sucic at the first Bitcoin community meetup in Belgrade on the April 6, 2017. The full article here: https://coinidol.com/pay-taxes-to-earn-merits-cryptocurrency/ |
|
|
|
The Japanese market is looking forward to Bitcoin legalization as it promises numerous benefits for companies. The bill came into force on April 1st. And that is not an April’s Fool joke! Most market players believe these new rules will cause a significant boost to the Japanese economy as new regulations will make it easier for their customers to know what is legal, and what is not. From the Biggest Collapse to the Biggest Triumph Everybody knows Japan entered the cryptocurrency market with the biggest fail in the History of Bitcoin. There was hardly a news outlet that didn’t cover the high-profile collapse of Mt. Gox in 2014, which caused many governments to treat Bitcoin as highly suspicious. Such an epic fail would scare anyone off. Full article : https://coinidol.com/japanese-market-anticipating-benefit-from-bitcoin-legalization/ |
|
|
|
Bitfinex has announced that it has redeemed all of the BFX tokens issued after the crippling hack last summer that removed almost 120.000 Bitcoins from customer’s wallets. In August 2016, the Hong Kong based exchange was hit by a massive hack, stripping customer’s accounts of 119,756 Bitcoins, or around 70 million dollars. The attack on the leading Bitcoin exchange shook the whole market, with Bitcoin prices dropping within hours. The exchange decided to distribute losses among all users, with a general loss percentage of 36%. BFX tokens were created after the hack, with an obligation to return the 36% of lost funds to all customers. The full article here: https://coinidol.com/bitfinex-reimburses-hacked-customers-in-full/ |
|
|
|
The world cryptocurrency news outlet Coinidol.com interviewed the Managing Director, Charley Cooper, of R3, a financial innovation firm which assists financial institutions to embrace new technologies. R3 leads a consortium partnership with over 80 of the world’s leading financial institutions and regulators. As the widely accepted and growing cryptocurrency and blockchain technology movement embraced by the public is developing at a quick pace, financial institutions are at risk of being left behind. This is where R3 assists and offers guidance. They work collaboratively to design and deliver advanced distributed ledger technologies to the global financial markets, but it is not blockchain technology. However, it is inspired by the popular technology. Full article here: https://coinidol.com/blockchain-inspires-r3-to-improve-financial-industry/ |
|
|
|
A recent report from Google states that the possibility of getting infected with Android ransomware is close to zero. Even though some ransomware software may demand the paying of a ransom with a digital currency, such as Bitcoin, according to data from Google researchers, the odds of getting struck by lightning twice in your lifetime is higher than getting a ransomware Android app. Full article: https://coinidol.com/google-about-android-ransomware-apps/ |
|
|
|
DocSensus, a development from Deloitte, was presented at the BlockchainUA Conference held in Kyiv on March 17. DocSensus is a register of corporate documentation based on the Emercoin blockchain. This system is able to radically change existing document flow and protect any documents from unauthorized changes, false representations, or losses. Unlike many other existing solutions in the field of document flow and legal data storage, the reliability of this system is ensured by blockchain technology. You can read the full article here: https://coinidol.com/deloitte-new-system-on-emercoin-blockchain/ |
|
|
|
|
Today is the final day of the voting.
|
|
|
|
|
Video is available again.
|
|
|
|
Bitcoin exchanges, miners, and cryptocurrency-payment processors, operating in the United States are required to comply with federal Anti-Money Laundering (AML) laws. That means a cryptocurrency user can be prosecuted for violating a number of federal laws. Anybody who converts BTC to USD and sends the money to or from the United States must comply with all AML laws and regulations. Such laws and regulations are imposed by the U.S. Treasury Department affiliate, FinCEN. The Financial Crimes Enforcement Network is in charge of enforcing the policies and regulations, which serve as a security measure for conducting any financial activity within the U.S. borders. You can read a big full article here: https://coinidol.com/bitcoin-exchanges-must-comply-with-us-laws/ |
|
|
|
Roger Ver accepts a challenge. A Reddit user suggested to exchange 100,000 Bitcoin Unlimited tokens for bitcoins at one-to-one rate. The community attention was attracted with the suggested price, which differs from the market price more than twice. Roger Ver, one of the most successful bitcoin investors, in one of his recent posts at BitcoinTalk expressed his interest in this deal and noted again that Bitcoin Unlimited tokens are underestimated and soon to be equal in price to bitcoin. You can read and watch more news here: https://coinidol.com/koles-coin-news-digest-mar-28/ |
|
|
|
A Chinese Congresswoman’s suggestion that the Central bank of China regulate Bitcoin trading pushed CoinIdol.com to talk about the problem of Bitcoin AML with experts in different countries around the world.It is known as Bitcoin Anti-Money Laundering (AML), a technique used to stop people converting illegally obtained funds, to appear as though they have been earned legally. AML mechanisms can be either legal or technical in nature. AML techniques have been applied to Bitcoin exchanges. Does the world of Bitcoin exchanges need new regulation? Should national central banks regulate this field? On March 9th, Wu Xiaolin, former deputy governor of the People’s Bank Of China and a congresswoman for National People’s Congress told a reporter that the Central Bank should be responsible for Bitcoin trading platforms. Is this the right attitude to Bitcoin? You can read the full article here: https://coinidol.com/chinese-congresswoman-about-bitcoin-anti-money-laundering/ |
|
|
|
Bitcoin mining in an unusual way. Internet user nicknamed gbg created a mining system called RetroMainer. It's based on the prefix Nintendo Entertainment System 1985 release and a single-board computer Raspberry Pi. If the operation was successful, the console shows a green screen, if not - red. The author admits that due to the low power of the device, it's almost impossible to make money on it. The Nintendo System has been used for modern tasks not for the first time. In 2016, designer Rachel Vale finalized the old 8-bit video set-top box so that the console could be used to view tweets. You can read and watch more news here: https://coinidol.com/koles-coin-news-digest-mar-22/ |
|
|
|
Crypto community to chose which charity Coinidol.com sends $1,000 of scammers’ money. Coinidol is asking the crypto community to suggest which charity organization should get the donation of $1,000 in Bitcoin. Yesterday, March 20th, the public trial of Jawad Yaqub was closed and community has decided to send the scammers’ money to charity. Now, we need to define the recipient organization of this transaction. CoinIdol will search for the right non-profit organisation to send these funds to. That's not an easy task, because there are a lot of non-transparent organisations, that claim they are doing charity. That's why we ask community activists and members of the jury, who have voted before to vote for the right organisation to get the money. You can read the full article and vote here: https://coinidol.com/charity-organization-coinidol-to-send-scammers-money/ |
|
|
|
Ethereum’s former CEO, Charles Hoskinson and Bitcoin Jesus, Roger Ver, about CoinIdol’s fight with scammersTwo of the honorary jury members in the public trial of scammers, Charles Hoskinson, former CEO of Ethereum, and Roger Ver, Bitcoin Jesus, owner of the domain name Bitcoin.com and the Chairman of Cryptocurrency Advisory Board for MGT Capital Investments, abstained from voting. But they gave their opinion on the initiative of Coinidol.com. You can read the full article here: https://coinidol.com/charles-hoskinson-roger-ver-about-coinidol-fight-with-scam/ |
|
|
|
CoinIdol has finished the public trial of scammer Jawad Yaqub. The decision of the trial jury and the crypto community activists: to send the money to charity. The open vote started on the March 7th, 2017 with the article “CoinIdol to Hold Public Trial of Scammers Who Stole $10 mln in Bitcoin” and the question “Can we force scammers who have stolen up to $10 mln in Bitcoin to pay $1,000 to charity?” You can read the full article here: https://coinidol.com/results-of-coinidol-trial-scammers-will-pay-1000-to-charity/ |
|
|
|
CoinIdol has finished the public trial of scammer Jawad Yaqub. The decision of the trial jury and the crypto community activists: to send the money to charity. The open vote started on the March 7th, 2017 with the article “CoinIdol to Hold Public Trial of Scammers Who Stole $10 mln in Bitcoin” and the question “Can we force scammers who have stolen up to $10 mln in Bitcoin to pay $1,000 to charity?” You can read the full article here: https://coinidol.com/results-of-coinidol-trial-scammers-will-pay-1000-to-charity/ |
|
|
|
|
Show Posts
