Miners Are Leaving Money on the Table to Mine Bitcoin Cash: This Could Explain Why

The Bitcoin Cash (Bcash or BCH) mining saga continues. Last week, Bitcoin Magazine reported how — assuming all miners would act in their short-term self-interest — Bcash could potentially have its blockchain freeze in its tracks. Then, last weekend, the Bcash mining saga further developed, as some miners periodically triggered an emergency difficulty adjustment, leading ...

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Banking on Bitcoin Available on Netflix: A Good Intro to Bitcoin in Need of a Sequel

The independent film Banking on Bitcoin, covering Bitcoin’s roots, its possible futures and its underlying technology, is now on Netflix. “Bitcoin is the most disruptive invention since the internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism,” reads the Netflix news release. “The film shows the players who are defining how this technology will shape ...

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Israel Securities Authority to Form Committee to Oversee and Regulate ICOs

In July, the U.S. Securities and Exchange Commission (SEC) moved in on the “Wild West” world of ICOs, which has sent the blockchain world reeling. Now, the Israel Securities Authority (ISA) has announced its own plans to form a panel to regulate Initial Coin Offerings (ICOs). This week, the ISA announced that its chairman, Prof. Shmuel Hauser, has put together ...

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Op Ed: Planning an ICO in Canada? Here are 10 Regulatory Points to Ponder

Canada’s securities regulators are paying attention to ICOs. Last week they released a guidance document that explains their approach to token sales/ICOs/ITOs/crowdsales, officially titled “CSA Staff Notice 46-307: Cryptocurrency Offerings.” Here is what this notice means and what it doesn’t mean. In the press release that accompanied the Staff Notice, Louis Morisset, the chair of the Canadian Securities Administrators (CSA) ...

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Blockchain in Trucking Alliance Seeks to Revolutionize the Transport Industry

The Blockchain in Trucking Alliance (BiTA) announced its launch on August 16, 2017. According to the alliance, their goal is to utilize blockchain tech in the trucking industry — an industry that “has a reputation of being behind the curve on technology.” “We formed the Blockchain in Trucking Alliance to develop common standards around blockchain applications in the trucking industry, ...

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Miners Are Milking Bcash’s Difficulty Adjustments (and Why This Is a Problem)

Bitcoin Cash (Bcash or BCH) has been more profitable to mine than Bitcoin (BTC) on multiple occasions over the past week or two. This is creating a new dynamic within Bitcoin’s ecosystem — one which is not really beneficial for either coin. In Bitcoin Magazine‘s previous article on this topic, we explained why Bcash mining should normally not affect Bitcoin ...

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Ether Price Analysis: Bullish Momentum Seems to Be Waning

Early in the summer, the entire crypto market took a sustained, downward move that left ETH-USD dropping in value by approximately 60 percent. At the start of the bear market, the price of ether was $360 and ultimately found lows bottoming out in the $130s. As of today, ETH-USD market price is in the mid $330s, and the volume shows ...

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The Next Doctor You Consult Could Be a Robot: Healthcare Meets AI and the Blockchain

Startup company doc.ai has been working with university researchers to create a platform on the blockchain where patients can discuss their medical data with an advanced artificial intelligence “doctor.” On August 24, doc.ai announced that their advanced natural language processing technology platform, based on the blockchain, would timestamp datasets and decentralize artificial intelligence. The startup stated that the platform was ...

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Central Bank of Papua New Guinea Adopts Blockchain Technology

The number of countries with banks experimenting with blockchain technology is growing rapidly. The Pacific island nation of Papua New Guinea (PNG), north of Australia, has joined the movement with its own central Bank of Papua New Guinea running blockchain trials. Central Bank Governor Loi Bakani, known as a champion of new technologies as a way to enable financial inclusion, ...

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