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    News about Bitcoin, ICO, Blockchain Technology, investment, mining

    White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases

    White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases

    The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions.

    YESTERDAY

    UK Pension and Welfare Agency Examining Blockchain and DLT

    UK Pension and Welfare Agency Examining Blockchain and DLT

    The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry.

    13 AUGUST 2019

    Standard Chartered Makes Letter of Credit Transaction Using Blockchain

    Standard Chartered Makes Letter of Credit Transaction Using Blockchain

    London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group.

    7 AUGUST 2019

    Amlo goes high-tech to tackle laundering

    Amlo goes high-tech to tackle laundering

    Pol Maj Gen Preecha Charoensahayanon sees cryptocurrency as a new challenge of the Anti-Money Laundering Office (Amlo) under his leadership.

    5 AUGUST 2019

    MIT’s AI Lab Analyzed 200,000 Bitcoin Transactions. Only 2% Were ‘Illicit’

    MIT’s AI Lab Analyzed 200,000 Bitcoin Transactions. Only 2% Were ‘Illicit’

    Blockchain analytics firm Elliptic collaborated with researchers from the Massachusetts Institute of Technology (MIT) to publish a public dataset of bitcoin transactions associated with illicit activity.

    3 AUGUST 2019

    Brazil Tax Authority Requires Reporting All Bitcoin Transactions Starting Today

    Brazil Tax Authority Requires Reporting All Bitcoin Transactions Starting Today

    Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s tax authority, the Department of Federal Revenue (RFB).

    2 AUGUST 2019

    Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supply

    Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supply

    Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years.

    1 AUGUST 2019

    Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network

    Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network

    The popular wallet service Electrum is soon to add support for bitcoin’s lightning network.

    6 JULY 2019

    Nobel Prize-winning economist Joseph Stiglitz weighs in on Facebook’s Libra

    Nobel Prize-winning economist Joseph Stiglitz weighs in on Facebook’s Libra

    Nobel Prize-winning economist Joseph Stiglitz believes only a fool would trust Facebook with their money.

    4 JULY 2019

    The volume of bitcoin transactions in the darknet may exceed $ 1 billion in 2019

    The volume of bitcoin transactions in the darknet may exceed $ 1 billion in 2019

    In the darknet, Bitcoin is increasingly being used as a means of payment, and 2019 could be a record year for total payments in dollars. This writes Bloomberg , citing data from analytical company Chainalysis.

    3 JULY 2019

    ITI Funds and Bitfury Team Up to Satiate Institutional Appetite for Cryptocurrencies

    ITI Funds and Bitfury Team Up to Satiate Institutional Appetite for Cryptocurrencies

    According to an article published by Institutional Asset Manager, on June 25, 2019, ITI Funds has collaborated with Bitfury Group to implement a process for cryptocurrencies transactions compliant with the KYC and AML procedures applicable to funds and investment management companies. This tool expands further ITI Funds’ crypto services.

    27 JUNE 2019

    Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

    Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

    The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about users' transactions in order to identify tax fraud, Cointelegraph Brazil reported on June 19.

    20 JUNE 2019

    Expert: Bitcoin has restarted the financial world
    Exclusive

    Expert: Bitcoin has restarted the financial world

    Bitcoin was created in order to solve several financial problems. That’s what a crypto-evangelist and blockchain technology advisor Sergey Sevantsyan said in an interview for LetKnow.News.

    19 JUNE 2019

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    Jack Dorsey says now is our chance to build a global currency for the internet

    Jack Dorsey says now is our chance to build a global currency for the internet

    Jack Dorsey is best known for co-founding Twitter, the micro-posting website that now has around 330 million users around the world. In 2009, the computer programmer also co-founded Square, which was originally designed to help small businesses accept credit cards.

    15 JUNE 2019

    100 Bitcoin Users Perform What Might Be Largest ‘CoinJoin’ Transaction Ever

    100 Bitcoin Users Perform What Might Be Largest ‘CoinJoin’ Transaction Ever

    The community behind the privacy-centric bitcoin app Wasabi Wallet recently brought together 100 people to collectively execute a “CoinJoin” transaction on bitcoin in what might be the biggest event of its kind.

    11 JUNE 2019

    Reports Suggest Bots Make A Majority Of The Transaction On DApp

    Reports Suggest Bots Make A Majority Of The Transaction On DApp

    The latest report published by AnChain.AI a blockchain startup, suggest that the majority of blockchain DApps are finding it difficult to strengthen the user base. As per their statistics, almost 75% of transactions on the EOS DApps are automated and are made by bots.

    7 JUNE 2019

    $778 LTC transaction costs user $17,500 in transaction fees

    $778 LTC transaction costs user $17,500 in transaction fees

    It appears someone sending LTC has made a grave error, by sending LTC with a rather abnormally large transaction fee across the blockchain.

    25 MAY 2019

    CNBC’s Brian Kelly Explains Why Bitcoin Is Headed for a New All-Time High

    CNBC’s Brian Kelly Explains Why Bitcoin Is Headed for a New All-Time High

    On Wednesday (April 10), Brian Kelly, the founder and CEO of crypto hedge fund BKCM LLC, said that solid fundamentals are behind the "resurgence" of interest in Bitcoin (BTC), and explained why he believes that the Bitcoin price is headed for a new all-time high.

    22 MAY 2019

    “Satoshi's Treasure”: how to earn $1,000,000

    “Satoshi's Treasure”: how to earn $1,000,000

    Cryptocurrencies are not about only transactions, trading and endless hackings of crypto exchanges. There is a huge community with a great sense of humour and of course money behind the coins. Some participants don’t even mind spending $1 million to arrange a "rat race" and unite like-minded people.

    16 MAY 2019

    Expert: cryptocurrencies are not suitable for micropayments
    Exclusive

    Expert: cryptocurrencies are not suitable for micropayments

    Infrastructure of cryptocurrencies was not developed for a large number of micropayments. That’s what Andrei Sobol, a developer of SatoshiFund told LetKnow.News.

    13 MAY 2019

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