Bitcoin.org Content Now Available in 25+ Languages

Bitcoin is Spreading Over the the past year, as part of Bitcoin.org’s ongoing content translation initiative to help spread information about Bitcoin all around the world, many people have helped extend and update the site into their own native languages. Thanks to community donations and a sponsorship from Paxful, translators throughout 2018 received bitcoin bonuses in appreciation for the time and efforts that they had spent volunteering. Bitcoin.org content is available in 25+ languages including: Arabic Bulgarian Danish Dutch English Farsi French German Greek Hindi Hungarian Indonesian Italian Japanese Korean…

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Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments

The central bank of Lithuania has updated its position on cryptocurrencies and tokens issued through initial coin offerings. The regulator has revised the definition of these assets specifying the conditions under which financial institutions can operate with digital money and accept crypto payments. Also read: Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account The Term ‘Virtual Assets’ Replaces ‘Virtual Currency’ The governing board of Bank of Lithuania, the institution responsible for the Baltic nation’s monetary policy and financial markets, has recently released an updated version of its position…

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Meet Memopay, the Bitcoin Cash Advertising Model That ‘Pays for Attention’

There’s a different kind of advertising taking place on the Bitcoin Cash (BCH) network, using an application called Memopay. The ad campaign platform employs a novel approach to advertise someone’s website, product or service by sending a small fraction of BCH to thousands of public addresses with an encoded OP_return message. Also read: BCH Devs Lock in Code for the Chain’s Next Upgrade: Schnorr and Segwit Recovery Memopay: Onchain Advertising The internet has completely transformed the advertising business into a whole new medium and programmable money is also going to create…

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Introducing: 2019 State of Stablecoins Report

At Blockchain, we’re committed to doing more than making it easy to speculate on crypto assets. We’re here to build a better financial system that allows billions across the globe to access an open, fair and accessible future while retaining financial sovereignty. We believe stablecoins play an important role in delivering on that vision, by enabling the use of crypto for day to day economic transactions without the fear of price volatility, and could act as a tipping point into wider crypto adoption. Last year, our first major research report…

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Bitgo Obtains $100M Insurance Policy to Cover Crypto Assets

Cryptocurrency wallet service provider Bitgo has secured a $100 million policy through Lloyd’s insurance to cover crypto assets that are completely under the company’s control, such as those held in its business wallet and custody offerings. The policy covers issues like insider theft by employees, loss or damage of private keys and hacks. Also read: Survey Ranks South Africa Top for Cryptocurrency Ownership  Insurance to Cover Hacks, Theft and Loss of Keys According to a statement released on Feb. 19, Bitgo, which provides custodial services for more than $2 billion in digital…

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Analyst: Investing in Ethereum Could Be More Profitable Than Bitcoin

Investing in Ethereum at its bottom could yield more returns than investing in Bitcoin, said Don Alt. The famous cryptocurrency analyst, who has 82.7k following on Twitter, claimed that his investment paid off when he bought Ether at $121. While he didn’t specify the nature of his trade, he said his investment could return ten times more profit than bitcoin while still costing 1/3rd of the leading digital currency. “I’ve heard Etherum will one day be the global computer that [executes] smart [contracts], tweeted Don Alt. “So I rebought me a…

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Survey: Nearly Half of Millennial Traders Have More Faith in Crypto Than Stock Market

Nearly half of millennial traders have more faith in cryptocurrency exchanges than they do in traditional ones. They are also enthusiastic about the prospect of traditional financial institutions offering crypto assets. That’s according to a new survey which shows a “generational shift” where millennials “place their faith in the power of technology and open networks.”  Also read: Drug Dealer Fights to Prevent Canadian Police From Forfeiting his BTC The Beginning of a Generational Shift The survey by U.S.-based investment platform Etoro interviewed 1,000 online traders. It found that 43 percent of millennial online…

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Market Cap: A Flawed Ranking System for Valuing Crypto

Market cap is often used as a metric of importance in the crypto industry. Communities will react jubilantly as their preferred coin moves up the rankings. People will often invest in the top X coins based solely on their market cap as they think it is representative of a diversified portfolio. However, is market cap the right metric to focus on? Also read: Coinbase Acquires Cryptocurrency Surveillance Company Neutrino In this post I will explore the fallacy of market capitalization. I will look at the methods with which market cap is…

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Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship

A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed.    Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 Explaining Peer-to-Peer Electronic Cash to Bankers Banco de España, Spain’s central bank and supervisor of the Spanish banking system, recently published a report aiming to explain how Bitcoin works. The…

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