Inshorts

January 13,
2018
Thousands of Users are Asking Coinbase to Implement SegWit

Bitcoin users urge the world's leading Coinbase platform to accelerate the process of implementing the Segregated Witness (SegWit) protocol which minimizes commissions and allows you to place more transactions within a block. With that in mind, a corresponding petition has been launched on the site Change.org. By now, it has already been signed by 6,000 people. According to Coinbase, for the introduction of SegWit the company is going to recruit additional development staff to its offices in San Francisco, New York and London and expand its support staff.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company.




January 11,
2018
Satoshi Nakamoto is an Estonian Scientist

Satoshi Nakamoto is, in fact, an Estonian scientist. This opinion was expressed by a lawyer from Los Angeles, Justin Sobaje. His exploring and analysis led to the conclusion that an unknown bitcoin author named Satoshi Nakamoto is a senior research associate at the Institute of Cryptography at the University of Tartu, Estonia. The scientist himself denies this message and asks not to mention his name in the press, stressing that the bitcoin author was not a cryptographer. According to the legend, Nakamoto is a Japanese. The author is sought among cryptographers and programmers in Europe and the United States. It has been heard nothing about the bitcoin creator since 2011.


Ups and Downs of Ripple Value Size

Having risen by a third in six days, Ripple's cryptocurrency has lost more than thirty percent over the weekend according to CoinMarketCap. On Monday, a popular analytical resource has excluded the indices of South Korea exchanges. Ripple has become one of the most affected cryptocurrency, as more than half of the trading volume falls just on South Korean exchanges. Last week, Ripple showed a sharp jump, not reaching a few cents to four dollars per token, making the creators multibillionaires. The wealth of Chris Larsen, co-founder of Ripple, was hypothetically of almost fifty-six billion dollars ($ 55.8 billion) at the peak of growth. On the 9th of January, Ripple takes the third place on capitalization in the list of CoinMarketCap.


Crypto Taxes. Who Will Pay Them?

Europe is working out a scheme of crypto taxes - the European Central Bank thought about the identification of participants in transactions with the cryptocurrency. To do this, it is necessary to regulate transactions and impose taxes on them, said the governor of ECB, Ewald Nowotny. In his opinion, the users of cryptocurrencies should also pay value-added tax. Otherwise, there is a possibility that the absence of restrictions on cryptocurrency will lead to money laundering. Earlier Nowotny argued that crypto-currencies do not threaten the world financial system. The ECB head, Mario Draghi, said that there is no authority to regulate cryptocurrencies.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company.






January 7,
2018
Gibraltar Strengthens Cryptocurrency Control

The Government of Gibraltar had responded to the strengthening of the role of blockchain technology in the economy. Starting January 1, the norms which oblige companies to protect the rights and interests of consumers, inform clients about possible risks, as well as about actions in crisis situations have entered into force. In addition, these companies are required to have an appropriate license from the Financial Services Commission (GFSC). The new rules apply to any type of commercial use of blockchain technology as a means of storing and transferring a value. The cryptocurrency exchanges also fall under these rules. The authorities believe that legal innovation will contribute to technological innovation.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company.






January 5,
2018
South Koreans Rely More on Crypto-Exchanges

The confidence of South Koreans in the cryptocurrency is ten times higher than trust in fiat money. The South Korea Financial Supervision Service (FSS) has published data on deposits placed on crypto exchanges in 2017. At the end of the year, South Koreans placed deposits on crypto-exchanges 64 times more than a year ago. At the same time, two times more money was passed through state banks than through commercial banks. The legislator, member of the House of Representatives Park Yong-jin believes that the probability of difficulties with the exchange is high because of speculation. Therefore, according to the parliamentarian, it is necessary to strengthen public administration and oversee the stock exchanges.

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company.


January 4,
2018
Venture Fund Focuses on Bitcoin

The purchase of bitcoins by the venture Founders Fund, founded by Peter Thiel, increases the cost of technology companies. The fund is actively investing in the technology sector while assessing the risks and opportunities of high incomes. The fund is actively investing in the technology sector while assessing the risks and opportunities of high incomes. The bitcoins acquired by the fund already reach hundreds of millions of dollars, although the initial investment was intended to be $15-20 million. The purchase of cryptocurrency began in mid-2017. Founders Fund already has under its control more than $ 3 billion invested earlier in such well-known brands as Facebook, Airbnb, and Lyft.


Investing in Blockchain-Gadgets

$ 150 million for the first day of ICO work was collected by the project Sirin Labs. The project is engaged in the creation of IT-products with the use of blockchain technology under the trademark Finney. The task of innovative products Sirin Labs is making the use and storage of cryptocurrency more mobile, affordable and safe. Co-founder of Sirin Labs, Moshe Hogeg said: "The support that we have received within the ICO’s framework provides evidence of the increased interest in secure devices with advanced functions of trade and storage of cryptocurrency."

Disclaimer. These videos are brought to you by CoinIdol.com in partnership with Koles Coin News Channel. This information is provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company.






January 3,
2018
Bitocean will Open Crypto-Exchange in Japan

The application for the opening of another crypto-exchange in Japan was approved by the Financial Services Agency of Japan (FSA). The license was received by Bitocean Corporation. It became the sixteenth organization licensed to carry out digital exchange transactions. As the number of crypto-exchanges in Japan grows, many of them enter new markets to increase their liquidity, extending their sphere of influence. Unlike some other, Bitocean Corporation plans to trade only with Bitcoin.


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