Earlier this week, a press representative for Craig Wright issued a press release claiming the US Copyright Office was the first government agency to recognize him as Satoshi Nakamoto. Now the Copyright Office has released its own statement, making it clear it did no such thing.
After securing $4 million in funding, Unstoppable Domains plans to allow individuals to register a domain extension that can then be stored in a cryptocurrency wallet, making it resistant to seizures or take-down requests.
During a Bloomberg TV interview, Nate Geraci, president of independent investment adviser ETF Store, stated the majority of millennial investors want to invest funds in a bitcoin ETF, if only the US Securities and Exchange Commission would let them.
Bitcoin (BTC) is not a currency in the strict sense of the word and therefore falls into the category of a digital asset according to a recent sentence by the Central District Court in Lod,... The post Bitcoin (BTC) is a Taxable Asset, Not a Currency; Israeli Court Says appeared first on Ethereum World News.
- Thursday, 23 May 2019 15:07
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Oracle Times: Pay360 Adopts PumaBay Crypto Payment System To Create A Convergence Point Of Tradition And Innovation While Leveraging Crypto Adoption
This year, it seems that the crypto solutions are penetrating more and more into various traditional payment solutions and services. A lot of experts have explained that the goal of crypto solutions is not to kill banks, financial institutions, and other payment service providers, but to work together with them and develop more innovative solutions. … Continue reading "Pay360 Adopts PumaBay Crypto Payment System To Create A Convergence Point Of Tradition And Innovation While Leveraging Crypto Adoption " The post Pay360 Adopts PumaBay Crypto Payment System To Create A Convergence Point Of Tradition And Innovation While Leveraging Crypto Adoption appeared first on Oracle Times.
Following the acquisition of a BitLicense in January this year, Robinhood has officially rolled out zero-fee crypto trading in New York
Japan is reportedly cracking down hard on crypto exchanges with poor Know Your Customer (KYC) procedures. This move by the Japanese regulator is in response [...] The post Japan Tightens Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection appeared first on Coingape.
Craig Wright, the employee of the blockchain company nChain, may obtain copyright on the documentation (Whitepaper) of Bitcoin (BTC) cryptocurrency and the source code of the network software. The Copyright Office has received lots of questions about certain Bitcoin registrations, see our response: https://t.co/C0dBuzec4X — US Copyright Office (@CopyrightOffice) 22 мая 2019 г. Wright filed an application with the United States Copyright Office asking it to register him as the creator of two developments published under the pseudonym, Satoshi Nakamoto: peer-to-peer electronic payment system (Bitcoin, Whitepaper concept description); BTC cryptocurrency client version 0.1. On May 22, the United States Copyright Office issued a press release announcing that Wright’s application could be approved. According to representatives of the agency, they do not check the veracity of information about the author in the process of registration of rights, if the product was released under a pseudonym. This requires only verbal confirmation of the applicant, in this case, Craig Wright. Wright told officials that he developed and published the Whitepaper Bitcoin and software under the assumed name Satoshi Nakamoto. The office will not check Craig’s words, however, his authorship may be challenged in court. If it turns out that Wright had misled civil servants, he would be penalized. Read more on the topic: Crypto Story: Who Really Is Satoshi Nakamoto? British businessman Peter McCormack has repeatedly stated that Wright is not real Satoshi. RE: Craig Wright. Sorry for the confusion. I have spoken with two of the top legal firms in the world this morning. I will instruct one within a week. Let’s go get this motherfucker! — Dr. Peter McCormack (@PeterMcCormack) 22 мая 2019 г. Craig decided to file a lawsuit against McCormack, he demands to penalize an entrepreneur and force him to apologize for lying during an open court hearing. By May 24, Peter can settle the dispute on his own, however, the British is determined to fight pseudo-Nakamoto to the end and therefore will go to court. Craig Wright has been proving for over a year that he created Bitcoin. Despite his efforts, many members of the crypto community still do not take his statements seriously. There is an objective reason for this: the BTC documentation was published in 2008, Satoshi Nakamoto carefully concealed his real identity, why did he decide to emerge from the shadows 10 years later? Some people believe that Wright wants to earn money and strengthen the position of Bitcoin SV (BSV) virtual currency, which he strongly supports since its release. We want to remind you: Is the Original Satoshi Nakamoto a Drug Dealer and Money Launderer? Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/
Ethereum (ETH) is currently trading around $235 as price declined significantly in the last 24 hours all the way from the top of the descending triangle seen on the 4H chart for ETH/USD. This decline seems to have made the bulls worried even though normally they are more interested in buying the dip. Retail bulls did buy the dip when the price made its first red candle to the downside. It left a long wick down but was soon followed by subsequent red candles that pushed the price deep into red. As of now, the price remains inside a descending triangle and it is unlikely to break below this triangle without a move to the upside first. That being said, this is certainly not the time to be looking for long positions on ETH/USD. The trend has changed to the downside and the price will crash hard once it breaks below this triangle. Those that are not convinced that the bear market is not over yet might still want to realize that ETH/USD has to come down to the bottom of the ascending channel even if it is to begin its next rally from there. In order to do that, it will first have to break below the descending triangle. Considering the manner in which the price has dropped and that we could see the RSI approach oversold levels short term, it would be reasonable to assume that a move to the upside is in the offing. This move may not be very strong and could be more of sluggish sideways movement for a while till the price is ready to fall below the triangle. The bulls might put up a final fight before the bears can assume full control. The trend seems to be on the side of the bears this time and they are likely to capitalize on that. Ethereum (ETH)’s prospects of a successful rally against Bitcoin (BTC) have been fading away more than before. The price is now trading within a descending triangle that is very likely to be broken to the downside. The 4H chart for ETH/BTC shows that the price is struggling to break past the 50 day moving average. Although we could see a short term rally to the top of the descending triangle, it has become quite clear that a crash is around the corner. Once ETH/BTC breaks this support, it will have nothing in its way to stop it from declining all the way down to its yearly low or even lower. The future prospects of Ethereum (ETH) from an investment standpoint remain bleak on multiple fronts. There are a plethora of new blockchain projects that are quickly catching up to do what Ethereum (ETH) does in better ways. Furthermore, investors are still not happy about the way decision making works on the Ethereum blockchain. We might see short term interest in the cryptocurrency as it is still the second largest coin by market cap but long term it is very likely to lose its spot as the second largest coin by market cap.