Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners

During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant stress from the situation. Also read: Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests Coronavirus Continues to Delay Mining Rig Shipments The coronavirus outbreak has been a trending topic worldwide, as…

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Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services

Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of the project and also initiated a small fundraiser for internet setup which has already surpassed its goal as of Tuesday. BCH House Ghana was inspired by the already operational BCH House Venezuela. Also Read: Grassroots Bitcoin Cash House Movement Expands to Ghana Cash…

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In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and plastic cards to reduce the costs of the national financial system. Also read: Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Out of Business Pix to Transfer Money Between Users Within Seconds Brazil’s new…

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Ireland Seizes Bitcoin Stash Worth $56M in Criminal Forfeiture Ruling

Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest single-value asset seizure by the CAB since 1996. Also read: US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks **This article has been updated at 3:28 p.m. ET. An earlier version of this article stated that the 6,000 BTC had to be held for…

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BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC

On February 19, a group of well known software developers announced the launch of a new Bitcoin Cash full node with the Infrastructure Funding Plan (IFP) removed from the codebase. The news was announced on the read.cash platform by the developer Freetrader who told the public that strong demand from businesses, miners, mining pools, and developers invoked the team to create a “minimally-altered client based on Bitcoin ABC.” Also Read: BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation Developers Announce a Bitcoin ABC Node Is in…

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Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years

Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest single-value asset seizure by the CAB since 1996. A new era could be upon us where governments holding large quantities of bitcoin will be the norm. Also read: US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks Ireland’s Criminal Assets Bureau Seizes 6,000 BTC…

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Virgin Galactic Stock Is Skyrocketing, Will Take Bitcoin to Shoot You Into Space

Virgin Galactic is one of the leading ventures in the emerging private space race alongside companies such as Spacex. However, it is being compared now mostly to another Elon Musk creation – Tesla. This is because Virgin Galactic stock is skyrocketing as traders rush in to bet on the futuristic promise of space tourism. Its founder, the famous entrepreneur Richard Branson, announced that the company already accepted bitcoin for space flight tickets back in 2013. Also Read: NASA to Launch Bitcoin to the Moon? Space Agency Seeks Crypto Experience Virgin…

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8 Tips for Getting the Most out of Crypto Telegram

For news, gossip, FUD, FOMO, charts, bots, and project updates, crypto Telegram is where it’s at. The beating heart of the crypto community resides in Pavel Durov’s encrypted messenger application. Accessing Telegram is easy, but optimizing your experience to get the most out of the platform calls for a few do’s and don’ts. Here are eight tips to get you started. Also read: 10 of the Best Telegram Crypto Channels Do Telegram the Right Way Like the other CT (crypto Twitter), crypto Telegram encapsulates the best and worst elements of…

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Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam

With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin Bitcoin Superstar vs Bitcoin Era – Same Template, Different Names Bitcoin Superstar and Bitcoin Era are currently two of the most popular bitcoin investment schemes,…

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Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors

Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody services to institutional investors. Also read: 40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law New Regulation Attractive to Institutional Investors Boerse Stuttgart announced on Tuesday that its crypto custody arm…

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