Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins reached a settlement with Charlie Shrem on April 16, 2019, declaring that their case against him has been dismissed with prejudice and will not be reopened.The twins, who founded the Gemini cryptocurrency exchange, originally sued Shrem, the founder of early bitcoin company BitInstant, in November 2018, alleging that Shrem stole 5,000 bitcoin ...

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Cartoon: Distorting Mirrors

To many on the outside, the blockchain industry and speculative crypto markets are one and the same, which often leads to misunderstandings. For the two entities that regulate the market, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), the result is that they tend to either look at the whole industry as an "unregulated ...

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Microsoft Azure Now Supports RSK Smart Contracts

RIF Labs has announced the integration of its public blockchain, RSK Smart Contracts, on Microsoft's Azure Marketplace. The RSK Smart Contract Network is an open-source platform that seeks to extend the functionality of Bitcoin using smart contracts and the Azure Marketplace is an app store for Microsoft’s cloud computing service.Prior to the integration, RIF Labs customers had to deploy local ...

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Kraken Delists Bitcoin SV Following Online Poll from Over 70,000 Users

U.S.-based cryptocurrency exchange Kraken has delisted Bitcoin SV (BSV), per an official announcement on its blog.In the announcement, the exchange noted that the digital asset had exhibited behavior opposite to its standards and those of the wider crypto community.“Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and ...

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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.A number of provincial governments are offering lower rates to attract bitcoin miners and Labrador’s government is considering energy incentives to attract what it says are “outstanding requests for service” ...

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International Bitcoiners Pitch In on Notre-Dame Restoration Effort

The Bitcoin community has been contributing to a crowdfunding campaign to restore the famous Notre-Dame de Paris, which suffered a catastrophic fire on April 15, 2019.During an ongoing renovation effort, the nearly 900-year-old cathedral experienced a colossal blaze due to what is currently believed to be a construction accident. The fire caused significant damage to the church, causing, amongst other ...

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Gemini Exchange Announces Full Adoption of the SegWit Protocol

Per an official announcement, the cryptocurrency exchange Gemini Trust has confirmed full integration of Segregated Witness (SegWit) addresses to its wallet infrastructure. Gemini hopes its users will benefit from improved processing times and lower bitcoin withdrawal fees.“We believe SegWit will become the standard, and in doing so, will create extensive benefits for all participants on the Bitcoin network,” Brian KimJohnson, ...

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South Korean Police Confiscate Server Allegedly Linked to Bithumb Hack

Last month, the South Korean exchange Bithumb lost about $13 million worth of cryptocurrency to hackers. While it initially appeared unlikely that the funds would ever be recovered, a recent police raid conducted in South Korea is giving hope that some of the money may be returned.Per reports from a local news outlet, the Cyber ​​Investigation Department of South Korea’s ...

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Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway.In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be ...

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