Blockchains Are Not About Privacy: Honest.cash Founder

CCN spoke with Adrian Barwicki, a blockchain developer and IT consultant who moved to Germany from Poland for college years ago and never left. Barwicki and a few others work on Honest.cash part-time. Honest.cash is a project that allows people to earn Bitcoin Cash for contributing good content as well as curating it. The concept isn’t new – it’s based on the Yours.org platform, which moved to Bitcoin SV last November. Barwicki says he’d never used Yours.org personally but learned from Twitter that its presence on the Bitcoin Cash blockchain…

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Cryptocurrency-Backed Loan Service SALT Lending Expands Network to 35 States

Cryptocurrency-collateralized loan provider SALT Lending has announced that it is now operational in 35 U.S. states after receiving regulatory approval to expand its network to 20 new localities. The Colorado-based firm is perhaps the best known of several companies that allow borrowers to stake their bitcoin and other cryptocurrency assets as collateral when applying for The post Cryptocurrency-Backed Loan Service SALT Lending Expands Network to 35 States appeared first on CCN

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Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites

Expedia, the online travel agency that has been one of the largest merchants to accept bitcoin since 2014, has quietly stopped accepting the cryptocurrency, forcing users to seek alternative travel services. Marketexclusive.com reported on July 2 that an Expedia spokesperson confirmed the company would not accept bitcoin for hotel or flight bookings and that it The post Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites appeared first on CCN

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Coinbase Custody Officially Launches for Institutional Investors

Today Coinbase announced that it has officially opened up Coinbase Custody for institutional investors. The announcement, written by Sam McIngvale, product lead at Coinbase Custody, stated that Coinbase Custody accepted its first deposit last week before its official launch today. McIngvale states, Over the coming weeks, we’ll continue on-boarding a set of world-class clients that includes The post Coinbase Custody Officially Launches for Institutional Investors appeared first on CCN

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Breaking New Ground: South Africa Gets Its First Bitcoin Atm

South Africa, whose citizens are increasingly interested in investing and trading in cryptocurrencies, is to have its first functional bitcoin Automated Teller Machine (ATM), following up on Zimbabwe and Djibouti. The country has the most sophisticated financial services sector in Africa and has been the front-runner in cryptocurrency taxation on the continent. This is in The post Breaking New Ground: South Africa Gets Its First Bitcoin Atm appeared first on CCN

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Coinbase Suspends WikiLeaks Shop for Terms of Service Violation

In one fell swoop, US-based cryptocurrency trading platform Coinbase has blocked WikiLeaks Shop from transacting on the exchange. As a result, Coinbase “can no longer process brokerage orders via their banking relationship,” according to a letter sent to WikiLeaks that was published in Gateway Pundit. According to WikiLeaks on Twitter, the move was sudden and Coinbase The post Coinbase Suspends WikiLeaks Shop for Terms of Service Violation appeared first on CCN

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Pineapple Fund’s $5 Million Bitcoin Donation Boosts Medicine Foundation

The post Pineapple Fund’s $5 Million Bitcoin Donation Boosts Medicine Foundation appeared first on CCN Cryptocurrency philanthropy is spreading. The Pineapple Fund, whose founders remain anonymous, has given $5 million worth of bitcoin to the Agoura Hills, Calif.-based Open Medicine Foundation (OMF) over two separate donations. The funds, which were deposited into the nonprofit’s BitPay account and which are reportedly being converted to US dollars, are being directed toward “accelerating much-needed … Continued The post Pineapple Fund’s $5 Million Bitcoin Donation Boosts Medicine Foundation appeared first on CCN

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