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Hit On Net Neutrality Could Be Blow To Bitcoin

FCC head Ajit Pai has managed to deal a major blow to free and neutral Internet usage by repealing the so-called Net Neutrality laws. Effectively, this allows broadband companies the power to potentially reshape Americans’ online experiences.Effectively, the likes of AT&T and Comcast now have the ability to block certain websites to their customers or even charge more for usage of them. Now,

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Venezuela to Regulate Bitcoin Mining

According to local sources, the government of Venezuela is scheduled to launch an online registry for Bitcoin miners by Dec. 22. All Bitcoin miners in the country will be required to sign up. The registry is the first step in the development of a full legal framework to tax and regulate cryptocurrency mining in the country.Proponents of the decision argue that it will protect cryptocurrency miners

DIMPAY ICO – Don’t Miss Your Chance to Invest in DIMPAY before the Exchange Listing!

The DIM Ecosystem has expanded further with the launch of DIMPAY, an instant, borderless and decentralized payment system based on NEM blockchain technology. DIMPAY aims to facilitate cashless transactions for consumers and merchants, along with providing a potential financial solution for the 2 billion individuals worldwide without access to bank accounts.DIMPAY is specifically developed to facil

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Alexander Vinnik of BTC-e Loses Extradition Battle

The supposed ring leader of an international cyber crime scheme has lost his appeal against his extradition to the US. Alexander Vinnik of the now defunct BTC-e exchange is wanted on 21 counts of money laundering and other offences in the United States. Some of the illegal funds go right back to the infamous Mt. Gox compromise scandal in 2013. The other charges relate to drug trafficking

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EU Commission Prepares Draft Tax Legislation on Digital Economy: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com.Priced at $16,000 per coin, three Bitcoins are now worth more than the Netherla

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Deutsche Bank: Bitcoin Crash Among 2018 Financial Worries

The economy globally has continued its strong uptick throughout 2017, partially spurred on by very low interest rates and massive investment into various markets. However, according to Deutsche Bank Chief International Economist Torsten Slok, the major risks for the global economy in 2018 include a crash of Bitcoin.Slok sees huge potential for volatility in the price of the cryptocurrency, as do o

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Governments Using Crypto as a Reason to Spy on Us

Since its inception in 2009, Bitcoin pioneered the way for cryptocurrencies and has boomed into mainstream consciousness in 2017. Blockchain technology promises liberation from centralized banking, but its anonymous nature also puts it in the sights of government and security agencies.A prime example is the now defunct Silk Road, which was an online marketplace that allowed users to buy and sell e

10 of the Biggest Lies Told About Bitcoin

Featured As British Prime Minister Benjamin Disraeli once averred, there are three kinds of lies: lies, damned lies, and statistics. Bitcoin is frequently on the receiving end of them all, whether it’s exaggerated statistics about energy consumption or damned lies conflating it with terrorism. We’ve rounded up 10 of the most pervasive mistruths a

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USPTO Awards Patent to Bank of America’s Cryptocurrency Exchange System

The US Patent and Trademark Office (USPTO) has awarded a patent to the proposed digital currency exchange system filed by the country’s second-biggest bank, Bank of America. The system will allow the conversion of one virtual currency into another automatically, with the exchange rate to be determined based on external data feeds.Under the patent application, the proposed system would gather dat

Peer-to-Peer Bitcoiner Gets Year in Prison for Being Unlicensed

Regulation “Detroit Man Sentenced to a Year and a Day for Operating an Unlicensed Bitcoin Business”, boasts Department of Justice U.S. Attorney’s Office, District of Maine, in a press release dated December 4. An action involving many different agencies and bureaus over two states resulted in the arrest, plea, and jailing of Sal Mansy for not r

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