Paying Employees With Bitcoin – Is This Good?

First and foremost, it’s important to understand that Bitcoin doesn’t have a consistent, set value; its value is entirely based on global exchange rates, and dependent on the way it is sold online. Bitcoin is a virtual currency that is used for certain online transactions, but it is the online trade market that has made Bitcoin become very valuable. The […]

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What is SegWit2x and how could it affect Bitcoin?

A majority of miners have started showing their preference for SegWit2x, a version of Segregated Witness that’s deviating from what Core developers envision to be the solution to bitcoin’s scaling issue. But what is it and what’s leading bitcoin to it? Recent events have led to increased demand for a solution to bitcoin’s scaling issue. With bitcoin blocks getting filled […]

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Indian exchange Unocoin adds Ethereum, XRP, Litecoin and more to its trading platform

Indian trading platform Unocoin recently evolved to an exchange platform like its other Indian counterpart Zebpay. Unocoin had already opened the exchange format for certain customers a week ago. They added Ethereum, XRP Ripple, Bitcoin Cash, Litecoin and Bitcoin Gold to their trading platform. Although certain traders had access to it before, Unocoin rolled it out to most its customers just […]

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Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit $40,000, 90% Of Altcoins Will Fail

The executive director of the Bitcoin Foundation Llew Claasen predicted that the price of Bitcoin will hit $40,000 by the end of 2018, while 90% of all other cryptocurrency projects will fail, Business Insider reported Feb. 15. As Claasen stated at the Startup Grind conference which took place Feb. 12-14, this failure will be caused by investors taking too much […]

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Russia: Ministry of Communications Requires ICO Issuers To Have $1.7 Mln Nominal Capital

Russia’s Ministry of Communications and Mass Media (Minkomsvyaz) has published a document establishing the licensing rules for ICO projects, Forklog news outlet reported Monday, Feb. 12. Some of the key requirements presented to digital token issuers require nominal capital of about 100 mln rubles – approximately equal to $1.7 mln – and a license for the development, production, and issuance […]

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Second Layer Developments Promise Major Changes For Bitcoin

The tremendous media attention focused on Bitcoin primarily concerns its soaring value and adoption rate, but perhaps of much greater significance are developments that promise to dramatically alter its capabilities and use. Segregated Witness (SegWit) creates the ability for functions to take place outside of Bitcoin’s main chain. These so-called second layer capabilities will enable faster, much cheaper transactions. Developers […]

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