BTC Manager

January, 2018

  • 21 January

    Alibaba Refutes Speculation of Cryptocurrency Mining through its Cloud Platform

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    Alibaba, the largest e-commerce merchant in the world, was speculated to have taken its first step toward embracing digital currencies by introducing a cryptocurrency mining platform, which was swiftly refuted by the company. A tweet by cnLedger, a Chinese crypto news account, reveals Alibaba’s potential plans to support P2P nodes ...

  • 21 January

    Malaysian Auto Manufacturer Suspends Dealership Over Bitcoin Promotion

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    The Malaysian based auto manufacturer Proton Holdings, ousted the dealership branch in Seri Kembangan, a town in Selangor district, for accepting cryptocurrencies as payment. The Selangor-based dealer took its own decision to receive payments in bitcoin which was not consented by the auto manufacturer. Bitcoin Not Accepted Here The issue ...

  • 21 January

    Top Banks Suspend Accounts of Major Bitcoin Exchanges in India

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    Large players in the banking sector have suspended a few accounts of the major bitcoin exchanges in India on an intuition of doubtful transactions. ET noted the banks including the top lenders like State Bank of India, ICICI, Axis bank, HDFC bank and Yes bank. They have suspended few bank ...

  • 21 January

    Russian Couple Robbed of $100,000 Worth of Bitcoin in Thailand

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    A young Russian couple on holiday was robbed of approximately $100,000 worth of bitcoin in their condo unit at The Lago Naiharn Beach in Phuket, Thailand on the night of January 15, 2018. The robbery was reported on January 17, 2018, to Lt. Chanat Hongsuttichaikun of the Chalong Police. A ...

  • 21 January

    Visa CEO rejects notion of Bitcoin as Currency and Payment Mechanism

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    In an interview recorded at the National Retail Federation conference on January 16, 2018, the Chief Executive Officer (CEO) of Visa, Alfred Kelly, publicly confirmed that the company had been actively distancing itself from supporting cryptocurrencies. Speaking in New York City, Kelly said that “I don’t view it as payment ...

  • 21 January

    OKCoin Eyes South Korea For Growth

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    OKCoin, once China’s principal digital currency exchange, is broadening its horizons with a strategic decision to expand its territory to South Korea. The move closely shadows that of its largest competitor, Huobi, who announced a similar migration in December 2017 following China’s comprehensive cryptocurrency ban three months prior. Entertainment Partnership ...

  • 21 January

    Colorado Looks to Adopt Blockchain Technology to Improve Data Security

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    A new bill in the state of Colorado is being introduced to the local Senate that proposes utilizing blockchain technology to help keep private data secure from the likes of cyber-attacks. Analog to Blockchain Legislators initially introduced the bill on January 16, 2018, and it suggests that if they implemented ...

  • 21 January

    Telegram Launches the Biggest ICO Ever 

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    Telegram, an encrypted messaging app is launching an ICO that is expected to be one of the biggest ever. The company’s founder Pavel Durov wants to develop a payment platform using a multi-blockchain architecture that aims to compete with Visa Inc. and Mastercard Inc. Features, Proposals, and a Massive ICO ...

  • 21 January

    Less Than One Percent of Bitcoin Transactions Used for Illicit Activities Says New Study

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    UK-based blockchain intelligence firm Elliptic partnered with a program within the Foundation for Defense of Democracies known as the Center on Sanctions and Illicit Finance (CSIF) to study data on the Bitcoin blockchain in an effort to determine the quantity of illicit funds that make their way into the bitcoin ...

  • 21 January

    Stellar Lumens Has all it takes To Be a Top Cryptocurrency

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    In our ever busy world of Bitcoin and countless Altcoins, it’s increasingly hard by the day to identify the best up and coming cryptocurrencies from an array of pump-and-dump schemes. Stellar is an altcoin with high potentials, and there’s seemingly nothing stopping it from reaching the moon in 2018. Stellar ...