Day: February 17, 2020

Craig Wright Doubles Down on Satoshi Claim, Says Bitcoin Core Infringes His ‘Database Rights’

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The Australian entrepreneur who claims to be the inventor of bitcoin has suggested he might take legal action against the cryptocurrency’s developer team over claimed infringement of his intellectual property. In a blog post published last Thursday, Craig Wright said while forks of bitcoin would be allowed under the open-source MIT license under which bitcoin was released, copying the database would not. “As the sole creator of Bitcoin, I own full rights to the Bitcoin registry. People can fork my software and make alternative versions. But, they have no rights…

Craig Wright Doubles Down on Satoshi Claim, Says Bitcoin Core Infringes His ‘Database Rights’

boss

The Australian entrepreneur who claims to be the inventor of bitcoin has suggested he might take legal action against the cryptocurrency’s developer team over claimed infringement of his intellectual property. In a blog post published last Thursday, Craig Wright said while forks of bitcoin would be allowed under the open-source MIT license under which bitcoin was released, copying the database would not. “As the sole creator of Bitcoin, I own full rights to the Bitcoin registry. People can fork my software and make alternative versions. But, they have no rights…

Binance Cloud to Allow Users to Launch a Crypto Exchange Within 5 Days

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Binance’s newly released Binance Cloud platform might be somewhat different from what the crypto industry expects the new feature to be. After Binance founder and CEO Changpeng Zhao (CZ) first hinted at the introduction of Binance Cloud on Feb. 8, the new service has been officially released on Feb. 17, targeting users willing to set up crypto exchanges, according to a blog post by Binance. All-in-one infrastructure for launching a crypto exchange According to the announcement, Binance Cloud will serve as an all-in-one infrastructure platform for customers and partners to…

John Oliver’s Childish Trump Tantrum Was More Hilarious Than Any of His Jokes

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John Oliver’s show, Last Week Tonight, returned after a three-month hiatus. The British-born comic immediately started trashing President Trump and his children. His blind hypocrisy was far funnier than any of his actual comedy skits. It seems John Oliver is back. After three months away, the British “comic” had a few things he wanted to get off his chest — notably the acquittal of U.S. President Donald Trump. Oliver usually makes for car crash television, and his big return did not disappoint. John Oliver is a World-Class Panderer Before we…

50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires

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Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other celebrities from Hollywood and the music industry have used digital assets to help bolster their marketing efforts. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin 50 Cent: ‘All Money Is Money’ In 2018, cryptocurrency…

3 Ways Coronavirus May Have Affected Bitcoin

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Is there a correlation between bitcoins price action and the coronavirus spread?  Virus-infected yuan placed in quarantine—Bitcoin fixes this.  Bitcoin mining takes a dive following China’s coronavirus clampdown. As coronavirus continues to spread mass panic around the globe, its impact on bitcoin is becoming more evident. Here are three critical repercussions for BTC amid the outbreak. As the Coronavirus Spreads, Bitcoin Continues to Break Out Bitcoin is proving its worth as a macro hedge against global uncertainty. Year-to-date, BTC has achieved a 35% boost and managed to hit a yearly…

Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’

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The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday. The CBR announced it had successfully piloted a platform that allows users to tokenize assets, including equities and currencies, and issue them to investors. Ivan Zimin, director of the CBR’s financial technology department, said in the release that the bank had now proposed using the platform as a framework in the country’s upcoming cryptocurrency law, which will act as…

Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’

boss

The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday. The CBR announced it had successfully piloted a platform that allows users to tokenize assets, including equities and currencies, and issue them to investors. Ivan Zimin, director of the CBR’s financial technology department, said in the release that the bank had now proposed using the platform as a framework in the country’s upcoming cryptocurrency law, which will act as…

Bitcoin Price Rally Over? Key $9.4K Support Zone Holds for Now

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Bitcoin (BTC) price was unable to hold the psychological barrier of $10,000 and couldn’t break through the resistance of $10,400. This rejection caused a corrective move to $9,450, leaving a $400 CME gap behind. Following Bitcoin’s severe correction, many altcoins also retraced more than 10% over the weekend.  But does this mean the bullish momentum is over?  Crypto market daily performance. Source: Coin360 Rejection at $10.4K triggers a 10% selloff BTC USDT 1-day chart. Source: TradingView The price of Bitcoin couldn’t break through the resistance of $10,400 and therefore retraced…

PS5 and Xbox Series X Specs Leak Reveals Boringly Similar Horsepower

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New leak reportedly lays bare full PS5 and Xbox Series X Specifications. The two consoles allegedly differ very little in terms of raw performance. The leak is unconfirmed and, as such, we recommend approaching it with caution. The specifications of the PlayStation 5 and Xbox Series X won’t diverge all that much according to the latest leak. This time it comes straight for a post on 4Chan. We’ll be the first to admit that this isn’t the most reputable source by any stretch of the imagination. Consequently, take this will…