Author: BlockchainJournal

appeared in the Verkhovna Rada of Ukraine In the Verkhovna Rada, an inter-factional group Blockchain4Ukraine has been created. It included 50 deputies who want to make Ukraine a world technology leader. According to Konstantin Yarmolenko, member of the board of the Bitcoin Foundation Ukraine, several days have passed since the idea was born until the announcement of the creation of the association. About the first steps of Blockchain4Ukraine It is planned to introduce a bill to parliament on the introduction of blockchain in all state registers of Ukraine. In a distributed registry, all transactions and data will be hashed and…

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September 23, at 03:00 Moscow time, ICE Futures US, one of the world's largest commodity markets, launched Bakkt futures trading, the first delivered bitcoin futures on a fully regulated trading platform. The platform is the first of its kind to receive US regulatory approval. The Bakkt platform promises to provide institutional investors with a secure, well-controlled Bitcoin trading place (BTC) . With Bakkt futures, funds or brokerage companies will be able to send their payments under the guarantee that their bitcoins will be delivered through the same ICE clearing center, which processes contracts concluded by world oil giants. Their bitcoins…

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Facebook’s stablecoin Libra will be provided with five national currencies, according to the German publication Der Spiegel . In response to a request from the representative of the Left party, Fabio de Masi, the company provided detailed information on Libra reserves. The currency basket will consist of 50% of US dollars, 18% of the euro, 14% of the Japanese yen, 11% of British pounds and 7% of Singapore dollars. The head of the blockchain division of Facebook, David Marcus, confirmed on Friday that despite active opposition to regulators, the company still expects to launch Libra in 2020. “Until this time,…

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Amid growing interest in cryptocurrencies, the CME Group decided to launch Bitcoin futures options in early 2020. The option gives the buyer the right to purchase or sell the asset at a predetermined value at a particular time in the future. It is noteworthy that the seller of the option cannot refuse the obligations stipulated by the contract. The seller can compensate for possible risks with a fee that is transferred to him from the buyer upon execution of the agreement. Ti McCourt, representative of the CME Group, noted that due to the increase in customer demand for crypto products,…

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The Federal Tax Service and the court sided with the Russian company, which offered customers the opportunity to pay for its services with cryptocurrencies. The background to this decision is as follows: in June 2017, the Moscow restaurant Valenok, located in the fifth house on Tsvetnoy Boulevard, began accepting payment with bitcoins . The institution belongs to the famous Russian restaurateur Arkady Novikov, and judging by the reviews, it pleases customers with traditional Russian cuisine and relatively low prices. Representatives of the institution explained to the media how it works : “Payment is received in the restaurant’s virtual wallet. At…

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In the new version of the Bitcoin Core client (0.19.0), they proposed to get rid of the BIP70 scheme and implement the default generation. Soon: Bitcoin Core 0.19.0 – Good things from r / Bitcoin BIP70 is a payment protocol that assigns a wallet URL instead of a simple address. This URL responds to the Get request, after which the merchant server sends the address and payment amount. BIP70 introduces a requirement for […]

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Almost all representatives of the mining industry in China gathered at a conference in Chengdu, Sichuan. This event has already been called a single point of failure. Almost all Chinese miners are now in Chengdu for a mega mining conference, literally. ??? gov can simply grab them all without effort … Tbh I would recommend such event not to be too […]

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Bitcoin is a very new technology, even though the concept underlying it has been around for several decades. The problem of double spending has been solved, and this means that you can use an electronic certificate to control your money account and be sure that while you control it, no one else can spend this certificate. This is an unprecedented paradigm shift, the consequences of which have not yet been fully understood and for which no tools have yet been created to fully utilize all the advantages of this new idea. When it comes to developing a business built on…

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The Chicago Mercantile Exchange (CME Group) this Friday officially confirmed the plan to launch options based on existing bitcoin futures . As the company explains, the decision to launch bitcoin options was dictated by "a growing interest in cryptocurrencies and the demand of customers for tools to control access to bitcoin ." The launch of the tool will take place in early 2020. Unlike futures, where both parties are required to fulfill the terms of the contract, the option gives its buyer the right, but not the obligation, to buy or sell the asset at a predetermined price at a…

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