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Posts published in “Bitcoin Businesses”

Gov’t Shutdown Freezes SEC Activity, But Bitcoin ETF Date Unaffected

The US Securities and Exchange Commission (SEC) has frozen all pending administrative proceedings due to the government shutdown. According to a legal expert, however, the Commission is not allowed, by law, to delay the decision on VanEck/SolidX Bitcoin ETF past its current deadline.  No More…

Bitcoin Mining Getting More Decentralized As Bitmain Loses Dominance

Bitcoin mining has become so decentralized that six transaction confirmations now provide “complete protection” against double spending. Data: Mining Monopolies Dwindling That was the conclusion drawn among social media commentators analyzing the latest statistics about the Bitcoin mining industry, which as of January 16 showed…

Thousands of US Grocery Stores to Sell Bitcoin At Coinstar Kiosks

A U.S. Bitcoin ATM company has teamed up with international coin counter Coinstar to offer Bitcoin purchasing facilities in “thousands” of new locations. More Bitcoin For Cash Washington-based Coinme, which has operated Bitcoin ATMs since 2014, confirmed the deal via a press release January 17.…

Goldman Sachs-Backed Startup Unveils Cold Storage Cryptocurrency Trading

Palo Alto-based blockchain security company BitGo has developed a platform which will enable traders to buy and sell cryptocurrencies without having to take it out of cold-storage.  A Focus on Security Days after the cryptocurrency exchange Cryptopia got hacked, Palo Alto-based security company, BitGo, announced…

US W-2 Employees Can Now Get Paid in Bitcoin

Cryptocurrency payroll and HR company Bitwage has announced a rollout of new payment tools for businesses executives claim “closes the loop” in Bitcoin salaries for W-2 employees in the US. Paxful Completes Successful Trial Through a partnership with Texas-based HR firm Simply Efficient HR, Bitwage…

ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds

ICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also…

Mongolia Will See At Least 1000 New Bitcoin Miners In 2019

Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see…

Japan and Korea Officially Approve Their Biggest Crypto Exchanges

South Korea’s Internet & Security Agency (KISA) has granted an important certification to the country’s leading cryptocurrency exchange Bithumb. Meanwhile, in Japan, Coincheck, the country’s largest exchange, is now registered with the Financial Services Agency.  Bithumb Granted ISMS Certification Cryptocurrency exchange Bithumb has managed to obtain…

Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’…