Monero Is Getting Its Own Version of LocalBitcoins

Monero Is Getting Its Own Version of LocalBitcoins

A team of monero enthusiasts based in Hong Kong have launched an alternative version of LocalBitcoins.com. Called LocalMonero.co, the website will connect buyers and sellers of the cryptocurrency based on country of residence. Users can meet and exchange monero for cash, or buy it online from a local seller. Created in 2013, monero is a privacy-centric cryptocurrency […]

Hard Forks Galore: Bitcoin Cash Debates Ambitious Tech Roadmap

Hard Forks Galore: Bitcoin Cash Debates Ambitious Tech Roadmap

Bitcoin cash’s developer team is shedding new light on how it might manage the world’s third most valuable cryptocurrency network. Details, not only about its development roadmap, but also the ideas of its development team, have so far been sparse since the new blockchain forked off bitcoin on August 1. Yet given the sudden, controversial manner […]

WhopperCoin: Burger King Russia Launches Blockchain Loyalty Program

WhopperCoin: Burger King Russia Launches Blockchain Loyalty Program

Burger King restaurants in Russia are set to begin offering a cryptocurrency-based loyalty program. According to a blog post on Burger King Russia’s website, the “WhopperCoin” initiative will see customers receive one blockchain-based token for each ruble they spend in-store. Once 1,700 WhopperCoins have been accrued, according to the blog, they can be redeemed for a free […]

China’s Central Bank Visits US on Blockchain Research Trip

China’s Central Bank Visits US on Blockchain Research Trip

Representatives from China’s central bank and several research organizations visited San Francisco last week to find out more about blockchain technology and related financial regulation in the U.S. The trip saw Yao Qian, director of the People’s Bank of China’s Digital Currency Research Institute, as well as delegates from fintech research bodies such as Shanghai New Financial Research Institute […]

Bitcoin Meets Zcash: Developers Test Tool for Trustless Trades

Bitcoin Meets Zcash: Developers Test Tool for Trustless Trades

An in-progress blockchain project could one day help users trade bitcoin for zcash without a trusted third party. Created by zcash developers Jay Graber and Ariel Gabizon, ZBXCAT is a new command-line tool that developers can use to exchange the two cryptocurrencies. With today’s bitcoin exchanges having a history of being vulnerable to hacks (leading to millions of dollars […]

Russian Regulator: Bitcoin Should Be Limited to ‘Qualified Investors’

Russian Regulator: Bitcoin Should Be Limited to ‘Qualified Investors’

Russia’s deputy finance minister, Alexei Moiseev, has spoken out on how he believes cryptocurrencies should be regulated in the country. According to reports issued by RT yesterday, Moiseev suggested in a televised interview that bitcoin should not be classified as a currency, but rather as a property or asset. Moiseev further stated that bitcoin was a high risk “financial […]

Reports: China’s Regulators Consider Suspending All ICOs

Reports: China’s Regulators Consider Suspending All ICOs

Regulators in China are discussing a plan to possibly suspend all initial coin offerings (ICOs) within the country, reports say. According to Tencent Finance, regulators proposed an action plan in a meeting on August 18 hosted by the financial market department of the People’s Bank of China (PBoC), the country’s central bank. Officials from China’s insurance, […]

Russia’s Vnesheconombank Unveils New Blockchain Research Centre

Russia’s Vnesheconombank Unveils New Blockchain Research Centre

Vnesheconombank (VEB), the Russian state-owned development bank, and several government ministries have unveiled a new research centre focused on blockchain and other technologies. Headquartered at the National University of Science and Technology in Moscow, the centre will form part of a broader digital initiative being undertaken within the Russia government at the behest of Russian president […]

Bitcoin Short: ETF Firm Rex Eyes Downside Potential With Fund Filing

Bitcoin Short: ETF Firm Rex Eyes Downside Potential With Fund Filing

A new bitcoin investment fund launched last week in the US is part of a wider strategy that includes a planned effort to offer institutional investors a way to short the market. Last week, CoinDesk reported that REX ETF, an investment firm based in Connecticut, had launched a fund that plans to invest primarily in bitcoin futures […]