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Latest Bitcoin News / ⚡Bitcoin and Ethereum's Energy Consumption⚡
« Last post by administrator on February 20, 2020, 09:51:29 PM »
The full report for free >

With this high barrier to enter the market, it puts a lot of centralization on these mining pools. Most people will simply buy bitcoin and sell when it increases to make passive money, instead of running a miner.

What are your thoughts on the energy consumption ecosystem right now?

The leading cryptocurrency exchange in the United States, Coinbase, has been approved as the very first “pure-play” crypto-related company to become a Visa principal member. Supposedly, this would allow the exchange to further improve its customer experience.

I know Coinbase is a centralized crypto wallet provider and bla bla but here are some facts to consider:
1. Coinbase is the first ever crypto company to manage such approval.
2. Visa manages a market cap worth $466 billion
3. Visa is the largest payment settlement provider in the world based on volume

Do you think it is a great step towards mass adoption? Will it be a positive or a negative?

News ref:
Latest Bitcoin News / How to Quote a Post in Bitcointalk Posts.
« Last post by administrator on February 20, 2020, 03:29:48 PM »
How to Quote a Post in Bitcointalk  Posts. Can Anyone Explain in Detail?
This article really took my attention and I couldn't find it here
Seems that the US Department of Justice have stated their opining regarding the mixing of coins. Does this make all the bitcoin mixers illegal?
What is the future of such services from now on?
US DOJ Calls Bitcoin Mixing ‘a Crime’ in Arrest of Software Developer
a quote from the article:
In a statement Thursday, Justice Department Assistant Attorney General Brian Benczkowski made the department’s views on bitcoin mixers clear. “This indictment underscores that seeking to obscure virtual currency transactions in this way is a crime,” he said.

The Helix case file:
Hi all,

Blockchair's Bitcoin explorer is now also available on the Tor network! Visit http://blockchairt5d4pj.onion for Onion v2 or http://blkchairbknpn73cfjhevhla7rkp4ed5gg2knctvv7it4lioy22defid.onion for Onion v3 using the Tor browser.

Works without JS and third-party trackers!

Latest Bitcoin News / Bitcoin Halving 2020 prediction!
« Last post by administrator on February 20, 2020, 01:12:12 PM »
What is the scenario that you think is more likely to come true? Do you guys believe BTC will fly to the moon? Personally I don't discard this possibility!
Latest Bitcoin News / Looking for crypto holders to complete a paid interview
« Last post by administrator on February 20, 2020, 01:12:09 PM »
Hi all,

I am doing a research in crypto holders‘ preference on various DeFi products. No one wants to waste their time on an interview, so I will pay you for sharing your valuable insights with me. Each person who completes the interview will receive 10DAI.

What to experct?
- The interview will be completed online through video chat.
- The interview taks around 30 minutes.
- You will be asked to share your comments on certain DeFi products and crypto topics.
- I'm looking for 30 people in total from three different persona.

If you are interested, please sign up here.
Latest Bitcoin News / ukonSystems: a project to claim your crypto referral reward
« Last post by administrator on February 20, 2020, 10:03:38 AM »
A new opportunity to get involved into the crypto world with most potential reward from a reliable crypto referral reward system The ukonSystems:

How it works:
Participants of our program will receive two rewards accounts. One “USD Value Account” and one “úkonToken Account”. We have acquired licencing rights to use an exclusive arbitrage trading system currently accessible only to accredited high net worth individuals. We will be leveraging the power of the Artificial Intelligence Trading Bot for the company to earn funds to expand our market reach, re-invest in research and development, and to acquire customers for our ecosystem. For customer acquisition, we have adopted a referral marketing strategy offering incentives and daily rewards.

Join now

Latest Bitcoin News / Brief: IRS adjusts crypto tax policies in the US
« Last post by administrator on February 20, 2020, 07:56:33 AM »

IRS adjusts crypto tax policies in the US, Binance starts unscheduled maintenance and more

IRS adjusts crypto tax reporting mechanisms in the US, Celsius announces partnership with Simplex, US sheriffs auction 4,041 BTC and more news today.

IRS wants US residents to file taxes for their cryptos
Image Pixabay

The US Internal Revenue Service (IRS ) scheduled a meeting with representatives of cryptocurrency operating companies, with the intention of establishing clear criteria applicable to the taxpayer who invests in these assets.

According to information published by the Bloomberg news agency , the IRS in the US is making significant efforts to include cryptocurrency holders in annual tax returns, with the aim of avoiding gaps that people seeking can take advantage of. bypass tax payment.

To this end, the IRS will hold a summit on March 3 in Washington DC , where they will address these issues and seek to establish applicable criteria for taxpayers who have cryptocurrencies. Originally, people residing in the country can make the respective report on form 1040, but this year's tax return will be the first to include aspects specifically associated with the possession of digital currencies.

Authorities in Ireland seize USD $ 56 million in BTC from drug traffickers
The Office of Criminal Assets of Ireland (CAB) reported that it seized a total of USD $ 56 million in Bitcoin funds from a drug dealer who intended to sell them through an exchange.

According to local reports, Clifton Collins, 49, tried to sell his bitcoins on a platform based in Ireland, so when detecting the large quantities available for marketing, the company notified the authorities who requested to keep the funds in custody to avoid commercialization and extraction.

Apparently these BTCs in Collins' possession were obtained at an early stage, so they multiplied their value over the years. According to the authorities, this seizure is part of a much larger process, which totals about USD $ 67 million related to the sale of drugs and illegal substances in the country.

Celsius Network enables the direct purchase of BTC, ETH, LTC, and other cryptos

Celsius Network, the platform for commercial operations with cryptocurrencies, announced yesterday that interested people will be able to buy Bitcoin, Ether, Litecoin and other cryptocurrencies with their credit/debit cards thanks to an alliance with the payment processing company Simplex.

According to a statement released by the company, Celsius will use the service onramp of Simplex to accept payments with debit and credit cards, for which they charge a fee of 3.5% on account of the operation, which represents a reduction 50% compared to other similar services.

In addition to the aforementioned, users can buy Ripple (XRP), ZCash (ZEC), Bitcoin Cash (BCH) and DASH under this mechanism.

Binance starts unscheduled maintenance

The crypto exchange with the largest volume of operations worldwide, Binance, announced this morning that it starts unscheduled maintenance , an announcement that generated a lot of discontent and uncertainty among community members.

According to information published in the official account of the exchange on Twitter, Binance began maintenance work shortly before 7:00 am (New York time). Users expressed their discomfort with the measure precisely for not announcing these in advance, which would have allowed them to take forecasts for the case.

Maintenance work entails the temporary suspension of operations such as deposits, withdrawals, execution of commercial orders and other properties . However, to address community concerns, Binance CEO Changpeng Zhao reported through his Twitter account that they are actively working to solve this situation and that the funds are safe, but did not report when it will work again with total normal.

However, the commercialization of BTC funds was criticized and pointed out by ecosystem analysts, who say it would have been more sensible to save these funds and market them later, since many analyzes project that the digital currency could multiply its value Current in the coming months.
Latest Bitcoin News / Ripple partnership with bkash? Is it legal?
« Last post by administrator on February 20, 2020, 07:56:30 AM »
Bkash is a payment gateway of one of the reputed bank of Bangladesh, the BRAC bank. Recently they had a partnership with Ripple.
What I have understood, BRAC bank will use Ripple (?) to transfer remittances. If so, aren't they going to use XRP coin? Please confirm, I am a bit confused in this.

If so, I mean if they use XRP in Bangladesh, why not Bitcoin?

Edit- The article refers to partnership with Bank Asia, not BRAC Bank. I can't find link of the BRAC Bank partnership for now.
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