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The Sordid Tale of Woe Behind the WEX Exchange

The WEX cryptocurrency exchange has suspended withdrawals since July 2018. The exchange continues to operate and offer unbelievably high prices to attract new customers. Getting funds out is where the problems begin. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts WEX: Why …

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Despite Evidence to the Contrary, Joseph Lubin Claims Ethereum Adoption Growing

Joseph Lubin, co-founder of Ethereum and founder of ConsenSys claims Ethereum adoption is growing rapidly. Is he looking at the same metrics as everyone else? Also see: How Thailand Is Staying Ahead by Regulating ICOs and Blockchain Investments Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Ethereum Adoption Boom? A Bit Too …

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American Firm Brings Lawsuit Against Bitcoin.com, Bitmain Over Hash War

An American blockchain technology company has filed a lawsuit against Bitcoin.com, Bitmain, Kraken Exchange, and others, alleging they illegally manipulated the Bitcoin Cash network during the recent November hard fork. It appears that the hash war, which observers attributed Bitcoin ABC winning, may not be over yet. Also see: Why Binance Chose Africa to Launch its …

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Falling on Deaf Ears? Wall Street Kneels at the Altar of the SEC

A number of executives from Wall Street took to the SEC on November 30th to present the regulator with a 63-page proposal arguing for the approval of bitcoin ETFs. SEC Chairman Jay Clayton’s remarks at the Consensus Invest Conference in New York indicate their appeal may have fallen of deaf ears. Also see: Why Binance Chose …

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Bitcoin Car Talk Returns, Crashes, Burns, Carries on… as Usual

COMEDY: Bitcoin Car Talk is back! The new season promises to contain all the insightful interviews, spectacular wrecks, guffaws, and befuddled participants its fans have come to expect. In this latest episode you’ll see host Mikeinspace demonstrate his detailed knowledge of Disney movies, crack a joke about Rubik’s Cubes that people in the 80s could …

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As r/Bitcoin Hits One Million Users, State Street Claims ‘No Urgency’ for Crypto Custody

The Reddit subreddit r/Bitcoin has hit the one million user milestone, some eight years after it began. Despite the surging interest in bitcoin among the wider community, investment management giant State Street claims there is “no urgency” to develop secure crypto storage services for its clients. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions …

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How Thailand Is Staying Ahead by Regulating ICOs and Blockchain Investments

We’ve heard talk about how countries like Thailand could become a haven for blockchain development and token-based investing — with the right regulation. But how true is this, and what’s really being done? Bitsonline spoke to Bhume Bhumiratana, technology consultant to the Securities and Exchange Commission Thailand, at Beyond Blocks Summit Bangkok to find out …

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BTC Mining Difficulty Drops by Most Since 2011

Bitcoin’s (BTC) mining difficulty dropped by 15 percent on December 3rd, the biggest retreat since 2011. It’s a result of the diminishing amount of hash power of the network. With the price of BTC having crashed in the last two weeks, some are questioning whether the original cryptocurrency can survive. Also read: New Wyoming Blockchain …

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Why Binance Chose Africa to Launch its First Fiat Exchange: Wei Zhou

“Our goal is to have at least two fiat exchanges on each continent,” says Binance CFO Wei Zhou. It’s a new direction for the mostly crypto-only exchange, which launched its first fiat exchange in Uganda and plans to move into markets like Europe soon. Zhou explains in this video interview at Beyond Blocks Summit Bangkok …

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Indian State to Launch Blockchain-Based IP Marketplace in Bengaluru

The Indian state of Karnataka, home to the country’s own Silicon Valley, is contemplating establishing a blockchain-based Intellectual Property (IP) marketplace based in Bengaluru (Bangalore)–a platform where innovators can patent ideas and then trade them to investors. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders …

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