A new, Toronto-based crypto exchange will allow users to trade in bitcoin, ether and litecoin (with potential expanded offerings in the near future) for no fees. The exchange, Newton, is partnered with DV Trading, a regulated proprietary trading firm with over a decade of experience trading stocks, bonds, derivatives and, more recently, cryptocurrency for institutional…
The 2008 financial meltdown and an unprecedented level of government corruption has led to the weakening of trust in traditional institutions. This is a crisis of Western liberal democracy, a particular style of governance that was developed in the U.S. and was exported around the world. Bitcoin emerged as a response to this global crisis…
In a show of open-source solidarity, the trustless Bitcoin payment processor BTCPay Server is launching a crowdfunding campaign for the privacy-preserving Tor browser, a fundraise which, its benefactor hopes, will demonstrate the impact of bitcoin-based fundraising and the community’s support for open-source initiatives. BTCPay Server began as a project to offer people a self-hosted, feeless…
Bitcoin Magazine‘s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. Regulation Canadian Government Releases Final AML Regulations for Crypto Businesses The government of Canada introduced its final AML regulations on July 10, 2019. The new regulations will impact exchanges, digital platforms, custodial wallets, ICOs, utility and…
Spanish law enforcement officials claim that there are issues with European anti money laundering (AML) regulations after finding that bitcoin ATMs are being used by criminal organizations, according to Bloomberg. The AML regulations, which were released in July 2018, are set to be executed next year by the European Commission. However, Europol and Spain’s Civil…
Summary: Although the bitcoin price saw a strong pullback, it is still maintaining a bullish market bias with its higher lows, higher highs and respect of weekly support. We are currently in the process of testing out just how strong the weekly support is and, if we can manage to hold support and absorb the…
Bitcoin’s Lightning Network — the overlay protocol for fast and cheap transactions — consists of payment channels. These payment channels today rely on a somewhat complex fallback mechanism to keep everyone honest and require some level of alertness from its users. This could soon be simplified. A small group of Bitcoin and Lightning developers is…
Japanese exchange Bitpoint has fallen victim to a hack to the tune of $32 million worth (3.5 billion yen) of cryptocurrency. In a Japanese notice posted on its website, the exchange said it was suspending all activities as a result. The hackers stole a variety of crypto assets, including XRP and bitcoin, from the firm’s…
Iran could allow bitcoin mining again, but it looks like miners will have to start paying full price for their energy. State-financed news source PressTV this week reported that the governor of the Central Bank of Iran (CBI), Abdol Nasser Hemmati, announced that the Iranian government is moving to authorize bitcoin mining. Following turbulent weeks…
Remember the ubiquitous public pay phones? Not so long ago, you could find them at every street corner and they allowed anybody to either make inexpensive calls or receive important messages in desperate situations. They were private in the sense that they required no identification, they offered a neutral degree of safety by virtue of…