BitcoinNews: #1 In Blockchain News

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I'm abit blurred about bitcoin ETN, so CXBTF is the bitcoin ETN? And the price is USD30+ at https://www.bloomberg.com/quote/CXBTF:US  

[BitcoinMoschiach]

I'm abit blurred about bitcoin ETN, so CXBTF is the bitcoin ETN? And the price is USD30+ at https://www.bloomberg.com/quote/CXBTF:US  

Yes that's it. Each share is 0.005 Bitcoin. Thanks for the link 

[BitcoinMoschiach]

ICOs and Blockchain Island Hub Discussed at South Korea’s National Assembly

The National Assembly of South Korea held a session recently where committees and political parties discussed the future of the blockchain industry, initial coin offerings (ICOs) and the fascinating Jeju Island proposal for a blockchain hub.

Read the full article at https://bitcoinnews.com/icos-and-blockchain-island-hub-discussed-at-south-koreas-national-assembly/

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Shorts on Bitfinex Near Record Highs, Could Trigger Short Squeeze

Short sell positions on Bitfinex, the biggest USD to Bitcoin exchange in the world, are nearing record highs. As of 21 August 2018, there were 39,524 shorts on Bitfinex, just below the record of 40,719 shorts on 12 April. This could lead to a short squeeze and a rapid rise in Bitcoin’s price, which is what happened on 12 April when Bitcoin’s price rose USD 1,000.

Read the full article at https://bitcoinnews.com/shorts-on-bitfinex-near-record-highs-could-trigger-short-squeeze/

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Tether Maintains Stable Price via Arbitrage

Tether (USDT) is a leading stable coin, with a total circulation of 2.826 billion USDT, each being worth roughly USD 1, as of this writing on 22 August 2018. The number of USDT in circulation has skyrocketed by billions of USD in the past year and continues to rise, as it’s become a good alternative to USD on exchanges where USD is not available.

Read the full article at https://bitcoinnews.com/tether-maintains-stable-price-via-arbitrage/

[BitcoinMoschiach]

SEC Rejects Multiple Bitcoin ETFs

The US Securities and Exchange Commission (SEC) has rejected at least eight proposals for Bitcoin exchange-traded funds (ETFs). The decision was made yesterday on 22 August.
Two rejections were from applications filed by ProShares that would have tracked Bitcoin futures contracts — a decision made a day earlier from a 23 August deadline. However, the SEC also rejected six other proposals, decisions for which could have been postponed: one from GraniteShares and five leveraged and inverse ETFs filed by Direxion.

Read the full article at https://bitcoinnews.com/sec-rejects-multiple-bitcoin-etfs/

[BitcoinMoschiach]

China Cracks Down on Crypto News Sites as ICOs Feel the Heat

Chinese authorities have recently turned their attention to news sites and those reporting information on current news about cryptocurrencies.

Read the full article at https://bitcoinnews.com/china-cracks-down-on-crypto-news-sites-as-icos-feel-the-heat/

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Inside Venezuela: No Trust in Government, Rejecting Petro and Feeding 2,000 Daily

In a Bitcoin News exclusive, Bitcoin Venezuela founder Randy Brito reveals a wealth of ideas about how cryptocurrency can be used to combat the effects of extreme hyperinflation in Venezuela right now. He takes us on an insightful journey on the ground in the South American nation, uncovering deep skepticism from Venezuelans of both the Petro crypto token and an uncorrupted future for local cryptocurrency exchanges.

Read the full article at https://bitcoinnews.com/inside-venezuela-no-trust-in-government-rejecting-petro-and-feeding-2000-daily/

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Liechtenstein Union Bank AG to Launch Fiat Backed Crypto

A bank in tiny Liechtenstein has announced its own security tokens and fiat backed cryptocurrency.
Liechtenstein Union Bank AG is to issue Union Bank Payment Coin (UBPC) and suggests that it is planning to become “full-service blockchain investment bank”.

Read the full article at https://bitcoinnews.com/liechtenstein-union-bank-ag-to-launch-fiat-backed-crypto/

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Mining and Blockchain Energy Take Center Stage at Senate Talks

A recent discussion at the US Senate Committee on Energy and Natural Resources raised the burning issue of crypto mining once again, suggesting that lawmakers are keen to find a legislative balance.

Read the full article at https://bitcoinnews.com/mining-and-blockchain-energy-take-center-stage-at-senate-talks/

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World Bank Raises $73 Million From First Blockchain Bond

The World Bank has printed a public blockchain bond, its first significant foray into blockchain technology.
The humanitarian global bank has raised USD 73 million for the two-year bond, called “bondi”, in typically Australian style, through its funding arm, the International Bank for Reconstruction and Development. The target was originally between USD 50 million and USD 100 million aimed at supporting a range of sustainability projects in developing countries around the globe.

Read the full article at https://bitcoinnews.com/world-bank-raises-73-million-from-first-blockchain-bond/

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Japan’s FSA: Finding Balance Key as Transactions Overheat

Japan’s regulator, the Financial Services Agency (FSA), has suggested that there needs to be a balance between consumer protection and technological innovation as the blockchain industry expands.
The government body’s top regulator Toshihide Endo has suggested that the industry needs to grow under “appropriate regulation” and as such won’t need government intervention to further enforce curbs on how exchanges operate within the country.

Read the full article at https://bitcoinnews.com/japans-fsa-finding-balance-key-as-transactions-overheat/

[BitcoinMoschiach]

SEC Stays Decision on Direxion Bitcoin ETFs Pending Further Review

The US Securities and Exchange Commission (SEC) has stayed the decision on the five Bitcoin ETFs from Direxion pending further review from higher-ups in the SEC.
The SEC rejected nine Bitcoin exchange-traded funds (ETFs) at once on 22 August 2018, including the five from Direxion, two from Proshares and two from GraniteShares. This is the first time a Bitcoin ETF decision has been stayed after a rejection and could be an indication that the SEC might approve the Direxion Bitcoin ETFs, which would be huge news for the crypto space.

Read the full article at https://bitcoinnews.com/sec-stays-decision-on-direxion-bitcoin-etfs-pending-further-review/

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North Korean Lazarus Group Hacks Crypto Exchange

Alleged North Korean hackers known as the Lazarus Group have hacked a crypto exchange, in what is now being called Operation Applejeus by Kaspersky Lab, who has done an in-depth study on this hacking. Lazarus Group has a long history of attacks on South Korea, banks and crypto exchange since 2007.

Read the full article at https://bitcoinnews.com/north-korean-lazarus-group-hacks-crypto-exchange/

[BitcoinMoschiach]

Bitcoin News Radio Show, 22nd August 2018

Follow the show at https://anchor.fm/bitcoinnewscom


On this edition of the Bitcoin News daily radio show, we start with a discussion about recent Bitcoin market activity. Hear about China’s crypto rankings which list EOS as #1 instead of Bitcoin. Learn about the rejection of nine Bitcoin ETFs in one day by the SEC. We discuss the new exchange alliance VCA Working Group, and a large Bitcoin for cash deal that went sour.

Follow the Bitcoin News Radio Show on Anchor, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Read https://bitcoinnews.com/bitcoin-news-radio-show-22nd-august-2018/

Video https://www.youtube.com/watch?v=JWOkRuttthk

[BitcoinMoschiach]

Bitcoin News Radio Show, 23rd August 2018

Follow the show at https://anchor.fm/bitcoinnewscom

On this edition of the Bitcoin News daily radio show, we start with a discussion on how the SEC rejected nine Bitcoin ETFs, but has stayed the decision on five until further review. We also discuss how BitMEX is buying one of the most expensive offices in the world. Hear about how China is eradicating crypto trading sites. Learn about an exclusive article on Bitcoin News about the hyperinflation and Petro situation in Venezuela.

Follow the Bitcoin News Radio Show on Anchor, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Video https://www.youtube.com/watch?v=fcqR6mXBsk8

Read https://bitcoinnews.com/

[BitcoinMoschiach]

Bitcoin News Radio Show, 24th August 2018

Follow the show at https://anchor.fm/bitcoinnewscom

On this edition of the BitcoinNews.com daily radio show we discuss how a small rally is underway since the SEC is still considering 5 Bitcoin ETFs that were rejected. Learn about Bittrex’s partnership with Rialto to begin offering crypto securities trading. Hear about the North Korean Lazarus Group who hacked a crypto exchange with sophisticated software, and a bomb threat at a crypto mining farm over generating noise as loud as a blender in the surrounding area. Be amazed at 7 nm chips, the next evolution of crypto mining, and a Casascius physical coin made of a troy ounce of pure gold and containing 1,000 Bitcoins.

Follow the Bitcoin News Radio Show on Anchor, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, and Breaker. We broadcast a new episode every day, covering the most important topics in the crypto, Bitcoin, and blockchain world!

Read https://bitcoinnews.com/

Video https://www.youtube.com/watch?v=kSO8b6Yj1WU

[BitcoinMoschiach]

Norwegian Authorities Seek Mining Farm Closure After Bomb Threat over Noise

A large cryptocurrency mining farm operated by Kryptovault north of Oslo, Norway, faces the possibility of shutting down after receiving a bomb threat due to the noise disturbance generated from its operations.

Read the full article at https://bitcoinnews.com/norwegian-authorities-seek-mining-farm-closure-after-bomb-threat-over-noise/

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BitMEX New Offices Among Most Expensive in the World

The Bitcoin Mercantile Exchange (BitMEX), a top crypto derivatives exchange, is leasing some of the most expensive office space in the world. It is moving into the Cheung Kong Center in Hong Kong, which costs HKD 225 per square foot, or USD 29 per square foot per month. The space BitMEX has leased is on the 45th floor and is 20,000 square feet, so this comes out to USD 580,000 per month and nearly USD 6.9 million per year.

Read the full article at https://bitcoinnews.com/bitmex-new-offices-among-most-expensive-in-the-world/

[BitcoinMoschiach]

China Restrict Crypto Trading Websites

The Chinese government is on a campaign to clamp down on cryptocurrency trading and initial coin offerings (ICOs) in their country. In total, 124 offshore crypto exchange websites that offer services to Chinese citizens are being blocked across China. Considering there are only 206 crypto exchanges listed on CoinMarketCap, this might be all of the crypto exchanges in the world that haven’t already taken steps to ban Chinese citizens from their platforms.

Read the full article at https://bitcoinnews.com/china-restrict-crypto-trading-websites/