Tag Archives: Block

London Block Exchange launches prepaid cryptocurrency debit card

London Block Exchange founder Ben Dives with the ‘Dragoncard.’ London Block Exchange New startup London Block Exchange is launching a prepaid card linked to an app that will let people spend and hold cryptocurrencies. The startup has raised £2 million from private investors and is headed by an 18-year Credit Suisse veteran. A London-startup headed […]

London Block Exchange launches prepaid cryptocurrency debit card

London Block Exchange founder Ben Dives with the ‘Dragoncard.’ London Block Exchange New startup London Block Exchange is launching a prepaid card linked to an app that will let people spend and hold cryptocurrencies. The startup has raised £2 million from private investors and is headed by an 18-year Credit Suisse veteran. A London-startup headed […]

Bitcoin Block Size Increase in Mid-Term is Possible

On Nov. 13 Blockstream CEO and HashCash inventor Adam Back, who remains as one of the few individuals cited in the original Bitcoin whitepaper released by Satoshi Nakamoto, explained Bitcoin block size increase in the mid-term is a possibility that has not been ruled out. In response to a statement provided by Jihan Wu, the […]

Graphene Block Propagation Technology Claims to be 10X More Efficient

Technology This week at the Scaling Bitcoin Conference 2017, at Stanford University in California, bitcoin proponents heard about a new block propagation technology that claims to be 10X more efficient than compact blocks. The protocol called “Graphene” is a new method of reducing bandwidth to propagate blocks to full nodes by utilizing […]

Gigablock Testnet Researchers Mine the World’s First 1GB Block

Technology This week Bitcoin Unlimited (BU) chief scientist Peter Rizun revealed the first 1GB block was mined on a Gigablock testnet on October 13. The event marks a milestone for the big block project backed by the University of British Colombia, Nchain, and the Bitcoin Unlimited (BU) development team. Also read: Meet the […]

ABCDe Launches One Coin, Freelancers’ Crypto Tokens, Russia To Block Exchange Websites, And More

Bitcoin is unstoppable. This week its price surged to $5800. Billionaire and Wall Street giant Mike Novogratz estimates that the price will hit $10,000 in next few months. With over 17 Mn Bitcoins mined so far, leading cryptocurrency Bitcoin-wealth has grown to $88 Bn worldwide, and is beyond the powers of regulators and governments. As […]

Russia moves to block cryptocurrency exchanges

Russian President Vladimir Putin. Thomson Reuters Russians looking forward to incorporating cryptocurrencies like Bitcoin into their lives awoke to less-than-stellar news Tuesday morning, as Russia now intends to block cryptocurrency exchanges and the websites that offer them. As reported by Reuters, Central Bank First Deputy Governor Sergei Shvetsov called cryptocurrencies “dubious” during a conference in […]

Russia Plans to Block Cryptocurrency Exchanges

The value of Bitcoin is skyrocketing against all odds, but the digital currency keeps running into serious regulatory hurdles erected by skeptical governments. In September, cryptocurrency exchanges in China, where digital money is bought and sold for cash, stopped serving customers in the country to comply with government directives. Now, Russia is planning to follow […]

Russia to Block Access to Cryptocurrency Exchange Websites

Featured The first deputy Governor of Russia’s Central Bank, Sergei Shvetsov, is reported to have stated that Russia will move to institute a nationwide ban on access to cryptocurrency exchange websites. Also Read: Russia’s Central Bank Instructs Clearinghouse Not to Settle Cryptocurrency Contracts The Bank of Russia and the Prosecutor General’s Office Are Expected […]

Russia to block access to cryptocurrency exchanges’ websites – report • The Register

Russia has announced a ban on the websites of cryptocurrency exchanges. Russian Central Bank First Deputy Governor Sergei Shvetsov said today that the country would block access to websites offering “dubious” crypto-coinage, Reuters reports. China banned initial coin offering cryptocurrency fundraising schemes last month. There are also rumours that it is banning exchanges. Although financial […]

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