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Source: Bitcoin News

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Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops.
Since the Covid-19 outbreak, contactless payments… Read full article
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John Perry Barlow: A Declaration of the Independence of Cyberspace
Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome… Read full article
6h ago
ION
Bitcoin News
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The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks,… Read full article
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Despite Covid-19 Negativity, Crypto Prediction Markets Say Trump Wins the 2020 Election
According to a number of crypto prediction markets and futures, Trump will still win the election in 123 days, but his chances have lessened a great deal. No matter who wins, however, the large sums of money flowing into these… Read full article
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Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm.
Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6… Read full article
1d ago
Bitcoin News
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Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation.
At press time, Compound statistics show there’s $523 million… Read full article
1d ago
Dai
Bitcoin News
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UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold
The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from… Read full article
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Crypto Use-Cases in Africa on the Rise, According to Luno
Twitter and Square CEO, Jack Dorsey recently said “Africa will define the future (especially the Bitcoin one!)” But was he right?
Crypto in Africa on the Rise

Sad to be leaving the continent…for now. Africa will define the future (especially… Read full article
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Russian Court: Bitcoin Theft Not a Crime
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the… Read full article
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Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) by selling company shares. Since… Read full article
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Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply
A recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the… Read full article
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‘Running Drivenet:’ Bitcoin Proponent Discusses the Benefits of Drivechain Versus Lightning Network
During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a… Read full article
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Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29.6 million from $27 million a year ago.
For the year, operating income fell 6% to $19.9 million from $21.2 million the year before. Localbitcoins did not… Read full article
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$11 Trillion Offshore Assets Uncovered After 100 Countries Share Information on 84 Million Bank Accounts
Governments in nearly 100 countries have been sharing offshore bank account information in an effort to crack down on tax evasion. Their “Automatic exchange of information” has led to uncovering 10 trillion euros ($11 trillion) in offshore assets in 84… Read full article
2d ago
ION
Bitcoin News
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A ‘Significant Increase’: UK Regulator Says 2.6 Million Residents Have Bought Cryptocurrencies
The UK’s top financial regulator has conducted a survey and found a “significant increase” in the number of crypto owners and awareness of cryptocurrencies. The regulator estimates that 2.6 million people in the country have bought cryptocurrencies, most of which… Read full article
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Alt-Right Activist Stefan Molyneux Banned from Youtube, Raises $100K in Crypto Donations
The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux, received more than $100,000 in cryptocurrency donations after he was banned from Youtube on June 29, 2020.
Stefan Molyneux is well known for his Youtube videos, podcasts, and books. His… Read full article
3d ago
Bitcoin News
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Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion.
Tether… Read full article
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Crypto Glossary
PoW
Proof Of Work. Before any transaction is recorded in the blockchain, consen…
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Proof Of Stake is another consensus mechanism that cryptocurrencies can rel…
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A scaling solution for blockchains. Typically, every node in a blockchain n…
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