Day: August 25, 2019

Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language

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Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager, and a recurring payments contract. Also read: Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator BCH Developers Are Innovating With Cashscript Bitcoin Cash (BCH) development is in full swing and over the last…

After Switzerland Visit, Crypto Concerns Remain for US Regulators

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Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These included the State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority. As announced earlier this month, the representatives aimed to clarify how various Swiss authorities…

Crypto-Obsessed AI Gets Drunk, Claims Ripple Surged to $9

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By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report: Ripple Rallied 3,400% & You Probably Didn’t Notice It Did you know the ripple price briefly flirted with $10 last week? Neither did I.| Source: Investing.com via Archive.org According to a now-deleted article from Investing.com…

Brave Expands Crypto Tipping to Reddit and Vimeo After Twitter

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Blockchain-based internet browser Brave has continued expanding its crypto tipping option by integrating it into Reddit and Vimeo. Reddit and Vimeo follow Twitter Announced on Twitter on Aug. 21, a new version of Brave Browser enables users to tip on ad-free video platform Vimeo and social news site Reddit, using Brave’s native Basic Attention Token (BAT). BAT tipping option on Reddit. Source: Twitter BAT is up about 4.6% over the past 7 days at press time, trading at $0.192, according to CoinMarketCap. The tipping feature on Reddit and Vimeo comes…

Crypto News From Brazil: Week in Review

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Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), introduced strict reporting requirements for crypto transactions.  Police search Grupo Bitcoin Banco with alleged excessive force The Military Police of Paraná served a warrant and subsequently searched the offices of crypto trading and investment platform Grupo Bitcoin Banco (GBB) in downtown Curitiba. Police sought to seize 25 bitcoins (BTC) following a complaint filed…

Electron Cash Wallet Gets ‘Mecenas’ Recurring Payments Plugin for BCH

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Electron Cash Wallet Gets ‘Mecenas’ Recurring Payments Plugin for BCH August 25, 2019 by Jeff Fawkes The Electron Cash BCH wallet now has a new easy to use plugin called Mecenas. Mecenas means “Patron” and it allows BCH users to make payments that execute automatically at set times. Also read: Do You Support ‘Privacy Coins’? If so, Which One? Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Mecenas Allows Users to Execute Recurring Payments What’s Mecenas used for? It is to set up an automated system for recurring…

Bitcoin Bombshell, Libra Rivals, Twitter Spats: Hodler’s Digest, Aug. 19–25

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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Binance reveals “Venus” — its own project to rival Facebook’s Libra With Facebook tangled up in regulatory tape and putting Libra on ice, others are seizing the chance to leapfrog the social network and launch their own stablecoins. Walmart’s at it, the People’s Bank of…

Thai SEC Warns Public About New Crypto Scam Operating Overseas

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Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas. Investor losses are not known The Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where investors are lured into operating with companies outside the country, local English-language news outlet Bangkok Post reports on Aug. 25. The regulator has become aware of several fraudulent companies involved in the case, including the alleged scam entity named FX Trading Corporation, which is not authorized to trade in digital currencies, the…

Internal Revenue Service Sends New Round of Letters to Crypto Holders

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Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports. Using the information provided by third-party systems — such as crypto exchanges and payment systems — the IRS has been able to determine the amounts traders owe and included the amounts in dollars in the notices. Individuals who have received these notices are required to pay within 30 days, starting on the delivery date…

Top-5 Crypto Performers: ETC, IOTA, ADA, TRX, XLM

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Some of the top performers of the past seven days are showing signs of a turnaround. Is it a good time to buy? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Facebook’s Libra continues to face resistance as central banks, regulators and governments have not been…