Australian Bitcoin Trader Sues Banks for Systematic Discrimination – Featured Bitcoin News

An Australian bitcoin trader has filed a lawsuit against two of the country’s biggest commercial banks, accusing them of systematic discrimination when they closed his accounts on short notice. Allan Flynn is demanding compensation of AU$250,000 ($193,000) from ANZ and Westpac banks for closing his accounts immediately after they had been opened, the Australian Financial […]

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Coinbase to acquire leading blockchain infrastructure platform, Bison Trails

The acquisition will enable Bison Trails to accelerate its mission to provide easy-to-use blockchain infrastructure that strengthens the entire crypto ecosystem. Bison Trails will serve as a foundational element within Coinbase’s ecosystem suite of products, powering all participants in the cryptoeconomy. Crypto has come a long way since Satoshi’s whitepaper. At Coinbase we believe we […]

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Staking Explained – SpectroCoin Blog

To keep their networks secure, blockchains reward people with cryptocurrency. There are various consensus mechanisms enabled to validate transactions on the blockchain. For example, Bitcoin uses a Proof of Work mining algorithm, while NEM has introduced a Proof of Importance system.  One additional alternative used by cryptocurrencies, such as Dash, Polkadot, Neo and Cardano, is […]

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Money is a technology that exists on a continuum of soundness. Sound money is hard money — money that holds value and stores your life’s work. The more sound, the more likely it will survive and thrive. It is survival of the fittest, or rather soundest. Bitcoin wins this race. : Bitcoin

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A […]

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Yellen Calls Terrorist Financing Using Crypto a ‘Concern’

Cryptocurrencies are “a particular concern” when it comes to terrorist financing, potential Treasury Secretary Janet Yellen said Tuesday. Speaking at a Senate Finance Committee hearing on her anticipated nomination after President-elect Joe Biden takes office tomorrow, Yellen said the U.S. should be aware of emerging tools for terrorist financing. “The technologies to accomplish this change […]

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