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Indecisive Government Causes Bitcoin to Land in India's Supreme Court

When governments dither over policy decisions, courts often have to step in to provide guidance. A petition seeking the government to act on Bitcoin has landed in India's Supreme CourtPublic Interest LitigationA PIL (Public Interest Litigation) petition has been filed before the Indian Supreme Court, seeking it to issue directions to regulate the flow of Bitcoin and ensure that it is made accounta

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2x or No 2x, That Was the Question

SegWit2x was supposed to be a SegWit derivative that doubled the amount of data a block could hold from 1MB to 2MB. The SegWit2x plan came into being at the 2017 Consensus conference in New York. At this event, 58 Bitcoin-related companies signed an agreement proposed by the Digital Currency Group - the company behind $GBTC. This agreement proposed that SegWit be activated as soon as possible, and

This is How Hedge Funds Use Artificial Intelligence

Should you let an AI algorithm make a $100 mln call on your behalf? That’s a concept that several hedge funds have been tackling for a few years. As artificial intelligence continues to prove its efficiency in an increasing number of fields, many investment firms, nascent and old, are starting to engage in its use to make trade decisions—and they’re willing to bet huge amounts of their custo

Signaling Growing Bitcoin Acceptance, Colombia Gets Second Cryptocurrency Conference

Emerging Markets Colombia is poised to economically breakout in coming years due to its blessings of climate and natural resources, a vibrant working-age population, newly arrived at peace, and an embrace of bitcoin. Cryptocurrency conferences, training workshops, are sprouting all over the country in preparation.  Also read: Colombia

Two More Bitcoin Startups Reveal Hard Fork Contingency Plans

News This week two more bitcoin-based businesses announced their company’s stance towards the upcoming 2MB hard fork this November. The fork will be implemented by the Segwit2x (BTC1) working group roughly around Saturday, November 18, 2017. The two firms Xapo and Surbtc explained to their customers how they would handle the consensus change that

BLOCKCHAIN PIONEERS IN TRADE FINANCE LAUNCH TOKEN PRE-SALE TO OPEN GLOBAL TRADE FOR SMALL ENTERPRISES

ModulTrade, one of the first blockchain projects in the trade finance sector, comes to market with a new digital trade concept, to allow small businesses from around the world to trade efficiently, securely, and with ease. A smart-contract based eco-system, ModulTrade will provide micro, small and medium enterprises (MSME’s) a comprehensive range of services, minimise traditional charges and sup

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Vitalik Buterin Explains Flaws in ICOs and Scaling Issues in Ethereum

During an interview with Korea JoongAng Daily and JoongAng Ilbo, two largest news publications in South Korea, Ethereum co-founder Vitalik Buterin discussed the potential of his creation, merits and flaws of initial coin offerings (ICOs) and his personal thoughts on whether cryptocurrencies such as Bitcoin will be able to replace fiat currencies.ICOs: merits and flawsSince the beginning of 2017, I

P2P Bitcoin Trading Slows in China, Booms in Hong Kong and South America

Markets and Prices In recent weeks, Chinese P2P bitcoin trading has seen a significant reduction in trading volume. Transversely, Hong Kong and many South American nations have seen a spike in P2P trade, with Brazil, Venezuela, Colombia, Chile, and Peru witnessing new volume highs in recent weeks.Also Read: ICO Regulatory Round-Up: UK, Mala

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Blockchain Tokenization Will Turn the World Into Massive Stock Market: CNBC

Blockchain technology is going to radically change the way we think of investment and finance in the coming years, says Balaji Srinivasan in an interview with CNBC.The founder of 21.co, the peer-to-peer startup for hours worked, says that in the coming years everything will be tokenized, creating a world where value is held and distributed via peer-to-peer networks rather than centralized hubs.“

Surbtc Launches Ethereum and Bitcoin Trading in Peru

Emerging Markets Latin American cryptocurrency exchange, Surbtc has launched ethereum and bitcoin trading joining Bitinka in catering for the Peruvian cryptocurrency markets. Surbtc now provides cryptocurrency exchange services to the virtual currency markets of Chile, Colombia, and Peru.Also Read: Bitinka Announces Expansion of Bitcoin-Ba

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