In the People's Republic of China, financial regulators have shown keen interest in blockchain projects despite having a contentious relationship with digital currencies. The use of Bitcoin and other tokens in China is not exactly prohibited, but it is considerably restricted. With regard to blockchain technology, however, the…
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Digital Currency "Cold Storage" Wallet Case Heats Up in Canada
On February 19, the Supreme Court of Nova Scotia announced in a filing that it had ordered a pair of Canadian law firms to represent the customers of the embattled digital currency exchange QuadrigaCX. Justice Michael Wood indicated that firms of Cox & Palmer and Miller Thomson would represent a…
Blockstream Makes a Big Announcement About a Project of Theirs
On February 18, blockchain technology firm Blockstream announced that they have released a test code that potentially could be part of a Bitcoin blockchain upgrade. The code is called MuSig and it implements a Schnorr-based multi-signature scheme. A little more than a year ago, a small group of Bitcoin developers…
What's The Recent News On Sharjah's Blockchain Portal Permit?
A waste permit portal that is blockchain-enabled will be launched soon in Sharjah, which is in the United Arab Emirates. Their national news agency, Emirates News Agency, reported this on February 17, 2019. The blockchain waste permit portal will be a joint development through the United Arab Emirates environmental, recycling…
Analyst Predicts Up to 50% Increase in Values of Cryptocurrencies
Brian Kelly, who is a CNBC contributor, the CEO and founder of a cryptocurrency investment company named BKCM LLC, and the author of "The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World," recently talked about the current and future state of the Bitcoin and…
The Rise and Fall of Bit Coin: Price Predictions
On February 11th, Zhu Fa made a prediction that Bitcoin (BTC) prices could reach over 5 million yuan, or $738,000 U.S. dollars according to 8BTC, a cryptocurrency news outlet. Mr. Fa is the co-founder of a Chinese-based cryptocurrency mining pool. Zhu notes that it feels like a bear…