The cost of Bitcoin cryptocurrency declined markedly at the weekend, just after Donald Trump posted a tweet on his Twitter blog criticizing BTC and the Libra project cryptocurrency. Since Friday, the cost of Bitcoin has fallen by 15%, currently the coin is being traded at around $ 10,300, although before that the rate had dropped to almost $ 10,000. Note that the rate of altcoins also shows a decline. The cost of Ethereum fell by 23%, Litecoin – by 17%. It is noteworthy that initially the Bitcoin rate rose by approximately 6.8% after the tweet from Trump appeared. On Thursday,…
Author: BlockchainJournal
US President Donald Trump, who recently unflatteringly commented on Bitcoin in particular and cryptocurrencies in general, could theoretically prohibit American citizens from interacting with Bitcoin or significantly restrict access to cryptocurrency platforms, said researcher Alex Kruger. 3 / However, as you can’t get points out, the government can target the fiat onramps. (source: https://t.co/xLEJDU38Pq) pic.twitter.com/dHhyBVtGou – Alex […]
US Congress may limit the possibility of issuing cryptocurrencies for IT giants 5 (100%) 1 In anticipation of the next week’s hearings on the proposed Libra digital currency project for Facebook, a bill was introduced in the US, if adopted by which technology giants would not be allowed to create their own assets of this kind. About this writes The Block referring to sources familiar with the situation. According to the publication, the document entitled Keep Big Tech Out Of Finance was submitted by the House Financial Services Committee and prohibits the creation, support or maintenance of digital assets intended…
How people's attitudes to Bitcoin change – 5 stages of cryptocurrency perception 5 (100%) 2 Bitcoin , like the rest of the cryptocurrency market, is more than just an industry. For some, this is a new trend, for others – a challenge to the existing way of the world, for others – what this industry is in essence is: a decentralized market, focused on confidentiality and changing the current financial imbalance. Bitcoin has its supporters, for example, Grayscale Investments CEO Barry Silbert, who recently launched the #DropGold campaign . Within its framework, he tries to convince to use bitcoin instead…
Dash cryptocurrency blockchain is now almost invulnerable to attack 51% 5 (100%) 1 According to the Dash Foundation cryptocurrency general director Ryan Taylor, the project platform is now almost invulnerable to attack 51% . This opinion was expressed by the leader of the developers of cryptocurrency on the air BloxLive TV. During the conversation, Taylor told viewers about the new Chainlocks protocol, which was created to minimize the risks of moving most of the Dash network under the control of one team of miners . Following the release of #Chainlocks … @Dashpay CEO, #DASHPAY ? Click to see the full…
tokens were created and immediately destroyed. On the TRON blockchain, 5 billion Tether tokens (USDT) were created and immediately destroyed. 5 (100%) 1 The issuer of steblcoin Tether stirred up the cryptocurrency community this night, simultaneously releasing 5 billion USDT on the TRON blockchain. The event instantly became overgrown with various theories, since over the years of Tether's existence, the volume of USDT emission reached only 3.9 billion. Confusion, however, turned out to be short-lived – soon Tether destroyed all new tokens, releasing 50 million USDT instead. Paolo Ardoino, technical director of Bitfinex, affiliated with Tether, commented on the situation.…
Signatures Schnorr for bitcoin transactions. How does the Schnorr protocol work in Bitcoin Cash? 5 (100%) 1 Around Bitcoin Cash (BCH) there is a lot of talk about improvement, called “Schnorr Signatures.” We collected all of the most important features and benefits of this protocol in one article and described them in a language understandable to a wide range of people, without complicated terms and omissions, which are dazzled with existing articles on the subject of Shnorr signatures presented in the Russian-speaking segment of the Internet. What is the signature of Schnorr? Schnorr is called an improvement that adds a…
In anticipation of the next week’s hearings on the proposed Libra digital currency project for Facebook, a bill was introduced in the US, if adopted by which technology giants would not be allowed to create their own assets of this kind. About this writes The Block referring to sources familiar with the situation. According to the publication, a document called Keep Big […]
Georgia will not charge VAT transactions on the purchase and sale of cryptocurrency 5 (100%) 1 The Republic of Georgia exempted cryptocurrencies from value added tax (VAT). Recently, the Minister of Finance of Georgia Nodar Khaduri signed a bill aimed at regulating the taxation of enterprises that sell or extract cryptocurrencies . The bill came into force at the end of June; it defines the decentralized currency: “ Cryptocurrencies are digital assets that exchange electronic means and are based on a decentralized network. Their exchange does not require a reliable intermediary, and they are governed by distributed registry technology .…
The US Securities and Exchange Commission (SEC) is studying the structure of the Libra digital currency project and intends to determine whether it has the characteristics of a stock exchange traded fund (ETF). It is reported by The Wall Street Journal, citing sources familiar with the situation. In the event that the Commission recognizes Libra as an ETF, Facebook will be forced to get permission from the department […]