finally appeared in Venezuela According to a service that tracks the emergence of crypto terminals around the globe, Venezuelan residents gained access to the first Bitcoin-ATM. The terminal appeared 4 days ago in a small city located in the southwest of Venezuela. The device was installed at a Viajes e Inversiones HC outlet; the Latin American company Panda BTM was involved in organizing the implementation of the device. The terminal supports Bitcoin, Bitcoin Cash, DASH, as well as the national currency of Venezuela and the Colombian peso. Earlier in Venezuela, attempts have been made to install Bitcoin terminals. In winter,…
Author: BlockchainJournal
The P2P exchange for the sale and purchase of Bitcoin Hodl Hodl will open the source code. This will allow everyone to create their own P2P trading platform. This was stated by CTO Roman Snitko during the Baltic Honeybadger conference. Reasons for the decision: projects are closed and the code is lost; Developing an exchange from scratch is a very expensive task; everyone has the right to manage the exchange; Hodl code Hodl tested on […]
The European Union may receive "its own state digital currency" if the initiative of the Minister of Finance of France Bruno Le Mer is supported. About the proposal voiced by him at a meeting of the EU Economy and Finance Ministers in Helsinki, TASS writes. According to Le Mayor, EU member states need to explore opportunities for “lowering the cost and increasing the speed of international transactions” both in the bloc and beyond. “Therefore, I submitted [for discussion of the Eurogroup] a proposal to create a state digital currency, it will also be considered at the next IMF meeting in…
In early August, Prime Minister Medvedev instructed lawmakers to deal with the long-suffering cryptocurrency law before November 1st. The adoption by the Duma of the bill will mean the beginning of regulation and the assignment of “coins” official status. Until the law is passed, there are several probabilities regarding this status. Each of the possible scenarios will in a certain way affect the market, miners, traders, investors and the crypto community as a whole. In this post, I try to understand how the new bill will affect the cryptocurrency market and miners of Russia, I will make several forecasts in…
Square's Cash App payment crypto application is testing a new feature that will allow users to buy and sell shares. Bloomberg announced on the eve that the startup team, which is based in San Francisco, is testing a new feature that, after the release, will allow users of the Cash App to trade stocks for free. Square has not yet decided on the exact launch date for the new feature. Recall that at the end of June, the Cash App made it possible to create Bitcoin deposits. Matt Oddel, co-founder of the Final Message startup, noted then that the new…
Roskomnadzor provided telecom operators with equipment to block Telegram and other resources prohibited in the Russian Federation. It is being tested on real users from Tyumen, Reuters reports citing informed sources. This allegedly refers to the hardware and software complex of the Russian manufacturer RDP.ru, which, according to media reports, has shown the best efficiency in the laboratory. Installation of equipment, writes Reuters, is possible thanks to the law on […]
French Finance Minister Bruno Le Mayor said that transactions in cryptocurrency (in cryptocurrency / cryptocurrency pairs) will be exempt from taxes. France will tax the income from investments in cryptocurrencies only when they are converted into “traditional” currencies. Le Mayor said : “We believe that at a time when revenue is converted into traditional money, it’s the right time to calculate tax.” He added that the value added tax in the country will be accrued only if the crypto asset is used to purchase a product or service. In July, French authorities began licensing companies representing the cryptocurrency industry. Publication…
The German parliament and the federal government will block the development of the digital currency Libra and other "private stablecoins" in Germany, Spiegel reports with reference to parliamentarian Thomas Heilmann. #Facebook und die Schweizer # Libra-Stiftung wollen ihre eigene Kryptowährung auf den Markt bringen. Nun stemmt sich die Bundesregierung dagegen. https://t.co/yJx3eSJveq – SPIEGEL ONLINE (@SPIEGELONLINE) September 13, 2019 Large Coalition of CDU / CSU […]
According to analysts at MarketsandMarkets, by 2024, the blockchain device market will increase from $ 218 million in 2019 to $ 1.285 billion in 20124. The main factors of market growth will be an increase in the prevalence of blockchain technology in industries such as retail and supply chain management, as well as high venture capital financing, increased cryptocurrency market capitalization, and ICOs. It is assumed that over the next few years, smartphones, crypto-wallets, as well as PoS devices using blockchain technology will be actively distributed. First of all, large companies will focus on developing such solutions – Ledger (France),…
The launch of the first batch of ASIC for mining Ethereum (ETH) is being prepared. It is known that the cryptocurrency of Vitalik Buterin is based on Ethash, the well-known Proof-of-Work (PoW) algorithm that is used in many other coins. This algorithm uses two standard cryptographic algorithms SHA-3 and Keccak. On the one hand, this gives resistance to mining with the help of ASIC, on the other hand, it reduces the time of verification and execution. Resistance to ASIC is guaranteed by an algorithm using a pseudo-random data set initialized in accordance with a variable block chain. This data set…