In a budget speech before the Indian parliament, finance minister Arun Jaitley expressed a hostile stance toward the use of cryptocurrency as legal tender. Jaitley stated that the government does not consider crypto legal tender, and would take action to end its use as a method of payment. Jaitley’s comments come as Bitcoin and other…
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Play2Live (P2L), the first full-blown blockchain-based streaming platform for gamers and esports fans, will host the world’s first esport tournament with crypto prize pool. The tournament will take place in the capital of Belarus, Minsk, and will be broadcasted by P2L worldwide in seven languages: English, Russian, Chinese, Korean, Spanish, Portuguese, and German.
The tournament in…
Merklized Abstract Syntax Tree (MAST) is a BIP (Bitcoin Improvement Proposal) that will enable Bitcoin to facilitate incredibly complex smart contracts, by extrapolating the power of Merkle trees and adding onto the current P2SH (Pay to Script Hash) capabilities of Bitcoin.
This is what a P2SH transaction would look like if visualized.
Combining the best of both worlds…
Recent months have seen substantial increases in altcoin adoption and market cap, and as of late Ripple has emerged as a solid challenger to Bitcoin’s hegemony in the crypto space. Led by a team of experts from across the business and tech worlds, it has seen growth that is unprecedented among cryptocurrencies. As crypto and…
On March 28, Tel Aviv will host Blockchain & Bitcoin Conference Israel, a large conference dedicated to blockchain, cryptocurrencies and ICO. Speakers will discuss the future of the crypto industry, and blockchain companies will present their new developments.
Why Israel?
Blockchain community said that Israel is the startup nation. The country started to develop blockchain in 2015,…
In this article, we will discuss the cryptocurrency mining industry and the frustration it causes for gamers around the world, as well as how the top two GPU companies Nvidia and AMD are handling the issue.
Cryptocurrency mining causes gamers to twaddle in frustration
Cryptocurrency mining has left the video gaming industry without the tools of…
Moscow, Russian Federation, January 29th, 2018
Revain releases version 0.4
The first release of the 2018 is here. Today Revain is announcing next step in the development of its blockchain-based review platform. The company just released version 0.4 of its flagship Dashboard service. After several iterations aimed to test some core functions, Revain is finally adding first…
Last week the SEC raided the offices and homes of the officers of cryptocurrency startup AriseBank. AriseBank was in the middle of its ICO for its coin AriseCoin (ACO) and the SEC is arguing that the company was improperly selling a security.
All of AriseBank’s assets and hardware have been seized. CEO Jared Rice gave a…
As cryptocurrencies are soaring in value, so is the number of investors entering crypto markets. Not wanting to miss out on this unique opportunity, millions of investors are pouring into crypto-markets, so that they can get a piece of the action.
Popular crypto-exchange, Binance, which executes almost $10 billion in trades each day, recently revealed that…
A few days ago, a national news outlet CNBC released an article claiming that Bitcoin is not a currency, sourcing this opinion from a digital currency entrepreneur, Balaji Srinivasan the CEO of Earn.com, a crypto project that we've discussed here on Crypto-News.net a couple of months ago.
Bitcoin has grown up to the point where it…
