The Latest Bitcoin News

August, 2018

  • 30 August

    Deloitte: 84% of Tech and Telecom Executives Believe Blockchain Will Reach Mainstream Adoption

    A recent survey conducted by Deloitte found that 40%of executives from the telecom, media and technology industries plan to invest millions in blockchain technology in the next year. Published 8/28/18, the survey gives insight into how the technology can be applied to these industries. The researchers interviewed more than 1000 executives from seven countries, and nearly 200 from the above …

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  • 28 August

    Hydroelectric Mining in New York Right Around the Corner

    Taking advantage of the low cost renewable energy offered by water, Dpw holdings plans to turn a hydroelectric dam in Valatie Falls, which sits ten miles south of New York state’s capital of Albany, into a dedicated mining operation.   As reported by, the dam will be equipped with the proprietary Superminer Anteater, which feature 10nm ASIC bitcoin mining …

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  • 27 August

    Chinese Search Giant Baidu Censoring Crypto Discussions

    The Chinese search engine known as the ‘Chinese Google’ is reportedly blocking cryptocurrency related content on its platform. China Times reported that Baidu is outright restricting crypto related discussion on Baidu Tieba, their Reddit-like platform. “Currently, the company has toughened its scrutiny over digital currency and will not allow sub-forums under this theme, based on relevant rules and regulations,” according …

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  • 24 August

    SEC Set to Review Bitcoin ETF Rejections

    This story is based off of a Coindesk report. As previously reported, the SEC rejected the proposal for nine Bitcoin ETFs on Wednesday. According to the rejection letters, the SEC will be reviewing the orders, although they have not given a timeframe as to when the reviews will be finished. SEC secretary Brent Fields wrote in a letter to the …

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  • 23 August

    SEC Rejects Nine Bitcoin ETFs

    The Securities and Exchange Commision has rejected the proposals for Bitcoin ETFs from ProShares, Direxion, and GraniteShares. The three orders, published 8/22/18, came prior to the deadlines set by the SEC’s public-facing approval process. In all of the rejections, the SEC used the same reasoning for the dismissal of Bitcoin ETFs, namely “…the Commission is disapproving this proposed rule change …

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  • 22 August

    Another ETF Ruling Expected Tomorrow

    The rules that govern the Securities and Exchange Commission (SEC) deemed Thursday, August 23rd the day an official ruling for a ProShares application must be made based on the time it was submitted. This is not the first ETF ruling to come out of the SEC. All previous applications have been denied by the federal agency. ProShares, who filed an …

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  • 21 August

    Premier League Teams Sign Advertising Deal – Paid in Bitcoin

    eToro, a trading platform based in the United Kingdom signed an advertising deal with seven Premier League soccer teams, the parties revealed August 21. This deal marks the first time that any of these clubs have been paid in Bitcoin, or any other cryptocurrency. The clubs involved in the deal include: Tottenham Hotspur, Brighton & Hove Albion, Crystal Palace, Cardiff …

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  • 20 August

    Antonopoulos Against Bitcoin ETFs

    While many are still working to establish the first U.S. approved bitcoin ETF, prominent blockchain and cryptocurrency expert Andreas M. Antonopoulos has recently come out against the idea.   In his popular “Bitcoin Q&A” youtube video blog, Antonopoulos questioned how good an idea an ETF could be for decentralized blockchain systems. An ETF is a custodial service that can offer …

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  • 17 August

    Paying Bail in Bitcoin

    Martin Marshic, the man charged with hacking video game company Electronic Arts, has been ordered by a federal court to pay his bail in cryptocurrency. Judge Jacqueline Corley out of San Fransisco set bail at $750,000 in bitcoin or any other kind of cryptocurrency. The Daily Post, which reports out of Palo Alto, spoke to US Assistant District Attorney Abraham …

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  • 16 August

    HBUS – Huobi’s US-Based Strategic Partner Opens Trading

    Huobi just recently opened trading on its newly created US based ‘strategic partner’ HBUS. HBUS is live for trading, supporting 22 cryptocurrencies. As HBUS awaits the all-clear from regulators, trading on HBUS is not currently open to residents of Alabama, Connecticut, Georgia, Louisiana, New York, North Carolina, Hawaii, Vermont, and Washington. The Singapore – based platform has been expanding its …

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  • 15 August

    Square’s Cash App  Offers Bitcoin Trading in All 50 U.S. States

    Square’s Cash App users in all 50 United States now have the ability to buy and sell bitcoin on their platform. The company announced the final roll out in an August 13th tweet. The process of offering bitcoin on the Cash App began January 31, 2018 when users in all states other than New York, Georgia, Hawaii, and Wyoming had …

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  • 14 August

    Hong Kong Universities Partner on $20 Million Blockchain Research Grant

    The Hong Kong University of Science and Technology Business School recently received a $20 million grant to “improve the security capabilities of electronic payment systems”, reported China News. The University is partnered with three other schools to realize this application of blockchain technology: The University of Hong Kong, The Chinese University of Hong Kong and The City University of Hong …

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  • 13 August

    Ripple Hires Facebook Payments Exec for Business Development Role

    Ripple, the San Francisco-based startup announced that they hired Kahina Van Dyke, who worked as Facebook’s global director of financial services and payments partnerships from 2016 to June of this year. In the hiring announcement, posted to Ripple’s blog, Van Dyke discussed the points around cross-border payments, saying “Now we need a new global technology solution for international payments that …

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  • 10 August

    Bitcoin Lightning network Pilot Launched for 100 Merchants by CoinGate

    Crypto payment service CoinGate Launched a pilot program for one hundred merchants in a test program for the company’s Bitcoin Lightning Network variant. Lightning Network is a second layer scaling solution for the Bitcoin network, that keeps a majority of transactions off-chain. CTO of CoinGate, Rytis Bieliauskas said that their pilot program allows them to be the first ones to …

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  • 9 August

    Ledger Attracts Tech Giant Investors After Record Setting Year in 2017

    Ledger, the creators of the insanely popular Ledger hardware wallet are are preparing for another round of funding, this time in an effort to attract institutional investors. Ledger’s President, Pascal Gauthier revealed that, while their Series B funding raised in January of this year was aimed to attract Venture capitalists who can advise on their business, their newest round intends …

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