Cryptocurrency-cryptoworldnews Bitcoin 

Reserve Bank of India Quietly Opens Cryptocurrency Research Unit

Reserve Bank of India Quietly Opens Cryptocurrency Research Unit, The unit has been operational for a month and already sees an as-of-yet unnamed general manager leading it, according to the report citing two sources aware of developments at the central bank. The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI). Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through…

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Cryptocurrency News-cryptoworldnews Bitcoin 

Cryptocurrency News: What Is Security Tokens in 2018?

Cryptocurrency News: One of the major topics of discussion in cryptocurrency at the moment is around the emergence of security tokens. Security tokens are backed by real assets such as an equity, shares of a limited partnership company, or commodities.   This was around Winter 2017 – 2018. The same time when the Securities and Exchange Commission (SEC) in the USA began focusing their attention on this new and previously unregulated form of cash. Before many other national, government authorities worldwide decided to follow suit. The opening of crypto-futures arguably…

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Researcher Tells Congress: Bitcoin Poses Danger to U.S. Elections

Bitcoin Poses Danger to U.S. Elections, Reported to Scott dueweke, a cybersecurity professional and therefore the president of the identity and payments association (idpay), virtual currencies are the proper tool to be used by state actors and foreign parties seeking to influence the political method within U.S. Dueweke, who is that the director of an identity & secure transactions at the dark tower, was testifying before Senate judiciary committee in a very hearing that was led by Senator Lindsey Graham, a Republican senator from South Carolina. For a major a…

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Bitcoin 

Zero-Fee Transactions Process has Agree By Second-Largest Bitcoin Cash Mining Pool!!

The CryptoWorld News is here with another Bitcoin news of “Two more bitcoin cash mining pools have proclaimed they’re going to support the “miner’s choice” initiative, that urges miners to get rid of the dirt limit and start to process a group variety of zero-fee transactions.” Coingeek that in conjunction with n chain devised the set up on the proclaimed that mining pools viabtc and bitcoin.Com have united to hitch the initiative. It has been unable to severally verify the news, as neither had printed associate announcement or well-versed our…

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Cryptocurrency 

Beginner’s Guide To Investing in Cryptocurrency such as Bitcoin

Beginner’s Guide To Investing in Cryptocurrency, Trading in cryptocurrencies and awareness of the cryptocurrency market remains to be more widespread in mainstream media, with numbers that continue to rise on a daily basis. In the past few months, the cryptocurrency market has grown swiftly from $11 billion USD to the huge heights of $795 billion USD. With around 1,400 cryptocurrencies currently available and more ICOs being made every day, the market is proving more difficult than originally anticipated, especially for traders. The purpose of our platform and our experts is…

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Cryptocurrency 

331 Japanese Cryptocurrency Investors Made at Least $1 Million in Profit Last Year: Tax Agency

Mainstream media outlets in South Korea and Japan JoongAng and Nikkei have reported that the National Tax Agency (NTA) of Japan is fully aware that 331 investors in the Japanese cryptocurrency sector recorded a profit of $1 million through trading, generating more than $331 million in total. Chasing Cryptocurrency Taxes By the end of 2017, NTA reported that 21.98 million in Japan declared taxes to the government, generating more than 41.4 billion yen. The NTA revealed that the amount of taxes it garnered last year increased by more than 3…

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Bitcoin 

How a Cryptocurrency Investor Lost $60 Million in Bitcoin and Never Got it Back

James Howells, a 32-year-old IT specialist who recently switched to a full-time cryptocurrency investor, told New York Post that he had lost more than $60 million in bitcoin in 2009 and was never able to retrieve it 7,500 BTC In 2009, the debut year of BTC during which the price of BTC was below $1 and when the hash power of bitcoin was extremely low due to the lack of individuals mining the cryptocurrency, Howells mined more than 7,500 bitcoin in a week using basic GPU mining equipment. In 2013,…

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Bitcoin 

Bitcoin Wallet Xapo Implements Scaling Solution SegWit

Ted Rogers, the president at Xapo, a widely utilized cryptocurrency wallet and vault, has revealed that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core development team. SegWit Adoption and Importance of Xapo Earlier this month, Tom Metcalf at Bloomberg reported that Xapo’s cold wallet stored in its underground bunkers in Switzerland oversees more than $10 billion worth of bitcoin, an amount that is larger than 5,670 banks in the US. Xapo manages more deposits than 98 percent of the banks in the US….

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Bitcoin 

DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz

Billionaire investor and former hedge fund manager Mike Novogratz said that he is optimistic that the US Department of Justice’s (DOJ) recently-launched probe into allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market. Speaking in an interview with Bloomberg, Novogratz — the founder of $250 million cryptocurrency merchant bank Galaxy Digital — said that this increased oversight will help weed out bad actors from the nascent ecosystem. “Weeding out the bad actors is a good thing, not a bad thing for the health of…

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Bitcoin 

Newsflash: Bears Push Bitcoin Price Back Below $8,000 as Market Sheds $18 Billion

The bitcoin price fell back below the $8,000 level on Tuesday after the flagship cryptocurrency failed to receive a Bitcoin Pizza Day bump. Bitcoin had briefly peaked above $8,600 on Monday, giving investors a false hope that it would make a run back toward $9,000. Unfortunately, this rally proved unsustainable, and the bitcoin price entered Tuesday morning trading near $8,400 and continued to decline throughout the day. Shortly before 22:40 UTC, the bitcoin price slipped below $8,000, and it ultimately dipped as low as $7,943 before recovering back to a…

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