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Cryptocurrency Payments Processor BitPay Adds Support for Ether

Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether. Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH).Per a press release published on Sept. 16, companies that use BitPay for payment processing are...

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Los Angeles Mayor’s Office Hosts Blockchain Startup Competition

Two offices of Los Angeles’ municipal government have partnered with Goren Holm Ventures to host a blockchain startup contest dubbed Block Tank. The Los Angeles Mayor’s Office of Budget & Innovation and the city’s Information Technology Agency (ITALA) have partnered with Goren Holm Ventures (GHV) to host a blockchain startup...

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Share of SegWit-Spending Bitcoin Transactions Now Over 50%

The percentage of Segregated Witness-spending Bitcoin transactions has reached an all-time high of 50.5%. The percentage of Segregated Witness (SegWit)-spending Bitcoin (BTC) transactions has reached 50.5%, or an all-time high, according to transactionfee.info statistics.SegWit solution to Bitcoin transactions SegWit is a proposed update to the Bitcoin Core, which is designed to...

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Libra Does Not Threaten Sovereignty of Nations, Says Calibra CEO

CEO of Calibra, Facebook’s digital wallet for its Libra, says the notion that Libra threatens the global financial system must be debunked. CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system.Not new money but...

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Gartner: Blockchain Will Transform Most Industries in 10 Years

Blockchain will be transformative for most industries within 10 years, according to information technology service management giant Gartner. Information technology service management giant Gartner foresees blockchain becoming transformative for most industries within 10 years.Gartner made its remarks in the press release accompanying its 2019 Hype Cycle for Blockchain research, published...

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Bitcoin Price Drops $200 in Minutes as $10.2K Support Shows Cracks

Concern over Saudi Arabia drone strikes have sent oil volatility higher than Bitcoin’s, but analysts believe that will change. Bitcoin (BTC) price suddenly dropped by roughly $200 in minutes on Sept. 16 as commentators nevertheless revealed broad belief that upwards growth is imminent. Market visualization. Source: Coin360Bitcoin price should eye $10,700...

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Could Crypto Be Compliant With Sharia Law? Experts Answer

Experts in Islamic finance take on the question: Is Bitcoin Halal or Haram according to Sharia law? The rise in popularity of Bitcoin (BTC) and other cryptocurrencies has led to the discussion among Islamic scholars about digital currency’s compliance with Islamic canonical law. Islamic law — known as Sharia — is...

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Liechtenstein Approves DLT Public Offering with Porsche-Backed Firm

Neufund received clearance from the Liechtenstein regulator to host public offerings with a min investment of 10 euro. German crypto investment startup Neufund launches its blockchain-enabled public offering platform featuring a Porsche-backed firm as the first issuer.10 euro minimum investment Within the first offering on Sept. 16, Neufund’s platform will be...

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Bitcoin Ban Means Massive Brain Drain for India, Crypto Industry Warns

India is seeing the first signs of an anticipated brain drain as the government considers stark legislation that would criminalize domestic cryptocurrency investments. India is seeing the first signs of an anticipated brain drain, as the government mulls stark legislation that would criminalize domestic cryptocurrency investments.A Sept. 16 Economic Times...

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$250K Bitcoin Price Prediction Is Now ‘Conservative,’ Says Tim Draper

Venture capital billionaire Tim Draper says that Bitcoin’s lack of simplicity is the main impediment to mass adoption. Major Bitcoin (BTC) bull Tim Draper now thinks that his own prediction that BTC price will hit $250,000 by 2022 may be understating the power of Bitcoin.BTC price to grow with adoptionIn...

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