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Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

Finance While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday.Also read: Indians Look to Buy Bitcoin Overseas as Regulations TightenTD Bank Halts Crypto Credit Card

Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

News This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht Denied Post-Conviction Relief ExtensionBitcoin.org Owner ‘Cobra’ Says Bitcoin Mining

Bank of America Acknowledges the Threat Posed by Cryptocurrency

Economy & Regulation For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, Bank of America

What to Expect When You Order a Hardware Wallet

Hardware Over the past few months, well known hardware wallet manufacturers have been swamped with sales during and after the holiday season. Hardware wallet deliveries have been backed up and some people have had to wait weeks to get direct shipping from source manufacturers. Much of the demand has stemmed from the typical holiday season, but also b

Austria Wants to Regulate Bitcoin like Gold and Derivatives

Featured Austria Finance Minister Hartwig Löger is urging both his country and the broader European Union to treat cryptocurrencies such as bitcoin in a regulatory fashion as they do now with regard to gold and derivatives. Also read: How To Regain Control From Nanny ZuckAustria Floats Ideas About Bitcoin Regulation“The cryptocurrencies are i

Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs

Technology & Security Over 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk fro

Maduro Asks Venezuela’s Banks to Mine and Use Cryptocurrency – Unions Outraged

Featured Venezuela’s president Nicolas Maduro has authorized all savings banks in the country to mine and use the recently launched national cryptocurrency, the petro. Union leaders are outraged by the suggestion, calling the petro a scam, accusing Maduro of abusing his power, and declaring the idea unconstitutional.Also read: Indians Look to

An Ethereum Classic Fork Snapshot Is Coming Next Week

Altcoins Next week the ethereum classic (ETC) community is expecting to receive coins from a ‘snapshot’ fork called ‘callisto’ (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000 and ETC holders will receive a 1:1 ratio of CLO coins.Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Medi

France Cracks Down on Bitcoin Derivatives

Featured Autorité des marchés financiers (AMF), the independent regulatory body governing France’s stock market, issued two statements today, one on initial coin offerings (ICOs) and another on the prospect of bitcoin derivatives. Both point to more oversight to come for crypto in France, including everything from formal authorizations to a ban o

California Bill Aims to Recognize Blockchain Records

News The state of California has introduced a new bill that aims to recognize blockchain transactions, digital signatures, and smart contracts as a legal form of record. Assemblyman Ian Calderon introduced Assembly Bill 2658 on February 20 in order to re-define laws that apply to electronic records that take place within the state.  Also read:&n

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