Category: Crypto News

Chinese government has made it clear that it wants to block access to all portals and websites that are relegated to bitcoin, cryptocurrencies and ICOs that are located OUTSIDE China. This report came from Financial News, which is a publication managed by PBOC which said that in order to prevent financial risks, China will be stepping up its efforts to remove offshore / onshore platform related to cryptocurrency trading. Baidu, which is China’s Google, has stopped showing any ads related to cryptocurrencies.

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Groestlcoin (GRS) is an excellent cryptocurrency coin to mine. Using this Groestlcoin (GRS) mining calculator, we were able to 0.8-0.9GRS in 24 hours using the Nvidia GeForce GTX 1060 6GB GPU. This tutorial is for those who are not able to get official Groestlcoin Easy miner to work. This tutorial will help you to start mining by just editing the batch file. Just make sure your Anti Virus is off as they can lead to false alerts.

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Bitmate Author Donations is a plugin for WordPress websites and its developer has added support for Zcash cryptocurrency in latest v2 version of the software. Zcash is one of the most popular privacy oriented cryptocurrencies and that lets you send or receive money without revealing anything. One really amazing thing about this plugin is fact it can run without Javascript on the front end and even on self hosted QR code generation. This means there is no reliance on the front-end services. Bitmate Author Donations also has support for other cryptocurrencies.

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Remember the IGNIS airdrop that happened back in December 2017 to the NXT holders? There is another airdrop coming but for IGNIS holders. LELE coin is an unofficial clone of the IGNIS blockchain and the team of LELE has not done any communication with the IGNIS team. The snapshot date is 28^th February 2018 and airdrop will be distributed between 1^st-3^rd March. The ratio is 10 IGNIS:1 LELE.

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February 6th – Bytecoin, which is known as the fully-anonymous cryptocurrency which first implemented the CryptoNote protocol, is publishing a major software update. This update has proven to solve Bytecoin’s most essential technical issues as well as improve both the stability of the system and its reliability.

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Bank of America has just made an announcement that it will be banning bitcoin and other cryptocurrency purchases issued by their bank. BOA says that there is big risk linked with the cryptocurrency purchases. There is big possibility of fraud as well. People are criticizing their decision on social media. They say if one can get a cash advance inside Las Vegas-casino, then banning users from buying cryptocurrency makes no sense.

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Stellar Lumens has been added to fast-expanding catalog of tradable cryptocurrencies on CEX.io. You can trade Stellar Lumens in these pairs – XLM/USD, XLM/EUR and XLM/BTC. Both deposits and withdrawals of Stellar Lumens are possible. Right now, Stellar Lumens is the second cheapest cryptocurrency on CEX.io which should attract a lot of first time traders onboard.

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Nav Coin developers have churned out Valence, which is a platform that will allow ourselves and other developers to build apps that leverage blockchain to share and store decentralized data. Valence will help you build blockchain applications in different kind of fields including Mathematics, Math, Economics, Cryptography and Computer Science to build even the most basic of applications.

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Finance Minister of India, Arun Jaitley mentioned in its budget speech today that Bitcoin and other cryptocurrencies (Ripple, Litecoin, Ethereum etc) are not a legal tender. He added that the government will be taking all steps to eliminate the use of crypto assets. Mr Jaitley said that people who are indulging in such transactions are doing it at their own risk. The government is examining the matter and committee under chairmanship of secretary, department of economic affairs is working over issues concerned with the cryptocurrencies.

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The fast growing cryptocurrency exchange, KuCoin has added USDT pairs for Litecoin, Ethereum Classic, TEL and OCN. USDT stands for US Dollar Tether. Tether is 1 to 1 with USD and since it is an Alt coin you do not have to pay capital gains yet since technically you did not trade an asset into US currency. Having a USDT pair allows the user to keep everything in terms of United States dollars. Some do not like keeping their trading capital in Bitcoin. They do not see trading against BTC as the goal and think that think that since everything in real life is fully tied up to the fiat system, it is better to trade against USDT.

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