Blockchain & Crypto Archives - Page 295 of 298

Cannabis Coin rises over 1000% in October as altcoin set to become redeemable for 1 gram

October 19, 2014

Cannabis Coin (CANN) has skyrocketed by over 1000% this month as 1 CANN is set to become “officially” redeemable for 1 gram of cannabis, starting tomorrow at the “Yes We CANN” event at Phoenix’s Herbal Wellne...

Russia Bitcoin ban draft outlines repercussions, stiffer penalties for officials and companies

October 5, 2014

Russia’s Ministry of Finance has released a draft bill that would prohibit all dealings in Bitcoin. The ban includes: – The “creation” (mining) and distribution of digital currencies. Individuals face a fine...

Bangladesh bans Bitcoin, violators face up to 12 years jail time

September 16, 2014

Bangladesh’s central bank has reportedly banned the use of Bitcoin, saying: “Bitcoin is not a legal tender of any country. Any transaction through Bitcoin or any other crypto currency is a punishable offen...

Russia To Ban Bitcoin Again

September 14, 2014

RT News reports that Russia plans on again banning Bitcoin and cryptocurrencies. Referring to Bitcoin, Deputy Finance Minister Aleksey Moiseev told journalists, “People can play with their chips, and they ca...

Spain’s Banking Giant Santander Runs Challenge To Devise Bitcoin Strategy For Banks

August 28, 2014

The open innovation platform Yegii is running a challenge to “analyze the impact of Bitcoin on banks and devise a strategic course of action” on behalf of Banco Santander. The banking group is the Eurozone’s...

All 70,000 citizens of Dominica to receive bitcoin in “Bit Drop”

August 28, 2014

All 70,000 inhabitants on the Caribbean island of Dominica will reportedly receive bitcoins as part of a “Bit Drop”. They are to receive their bitcoin via SMS. The initiative is being organized by a consortiu...

Cannabis Road Hacked, $100,000 Worth Of BTC Stolen, May Shut Down

August 26, 2014

Deepdotweb reports that Cannabis Road has “officially been robbed of around $100,000 USD” in bitcoins (200 BTC), emptying its wallet. Cannabis Road is an online darknet marketplace dedicated to Cannabis, the...

Bitcoin Brands Sponsors Max Holloway for UFC Fight Night

August 19, 2014

Bitcoin Brands Inc. has announced that it has entered into a sponsorship agreement with UFC (Ultimate Fighting Championship) fighter Max Holloway. His next fight will be at UFC Fight Night at Tulsa, Oklahoma ...

BitLicenses Proposed in NY, What They Are And Reaction

July 17, 2014

Among US jurisdictions, New York has been one of the most involved in analyzing digital currencies, their risks, benefits, and potential means to regulate them. Spearheading the initiative has been a vibrant...

Bitcoin Vault Service Elliptic Secures $2 million in Funding

July 16, 2014

UK-based Bitcoin Vault Service Elliptic has secured $2 million in seed funding from Octopus Investments. Elliptic launched its highly secure “deep cold storage” solution in January. The solution caters to in...