Ross Ulbricht Clemency Petition Gathers 250,000 Signatures

On Friday, the Clemency for Ross Ulbricht petition hosted on Change.org surpassed 250,000 signatures. The solicitation for signatures started in July 2018 and gathered roughly 6,200 signatures during the first three days. Now with a quarter of a million signatures asking U.S. President Donald Trump to commute Ulbricht’s sentence, the message clearly shows how people have continued to fight for his freedom and hope one day Ross will be a free man. Also read: Film Reveals Never-Before-Seen Information About the Silk Road Case A Petition for Ross Ulbricht’s Clemency Ross…

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Report: ‘Blockchain Is A Rapidly Maturing Technology in China’

According to a report by Forkast Insights, the research arm of Asia-based Forkast, blockchain is a rapidly maturing technology in China, “far beyond the experimental stage.” Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China. On Dec. 5, Forkast Insights presented its first report on how blockchain is being applied by the Chinese government and companies across the country. According to the report, blockchain technology is rapidly maturing and has a slew of “real-world, practical use cases that…

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Ukraine Passes Law on Money Laundering With Crypto Policy Based on FATF

The Ukrainian government approves the final version of a money laundering law that will handle virtual assets and virtual asset service providers per FATF guidelines. The Ukranian government has approved the final version of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines. On Dec. 6, the Rada, Ukraine’s legislative body, published a final version of the law that considers virtual assets to be a store of wealth, while also recognizing its potential use in financial crimes, such as money laundering,…

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Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies are working to expand the niche and U.S.-based EZ Blockchain shared details about their progress. Also read: Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well When Markets Are Far Oil production has certain byproducts, one of which is natural gas. When drilling sites…

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Brazil’s Tax Authority Fines Those Who Fail to Declare Bitcoin and Crypto

Brazil’s tax authority has implemented a new tax code that fines taxpayers who fail to declare their Bitcoin and crypto transactions. Brazil’s tax agency, the Department of Federal Revenue (RFB), published a new tax code that specifies fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions. On Dec. 6, Cointelegraph Brasil reported that the new crypto tax code is a further follow-up to provisions made by the RFB in August that require Brazilian citizens to report all transactions involving cryptocurrencies, in accordance with rules established by…

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Blockchain and 3D Printing Are Reinventing Aerospace Supply Chains

Blockchain takes to the skies as aerospace companies begin to make use of blockchain and 3D printing to streamline their supply chains. Blockchain, like many other emerging technologies, is enthusiastically touted as a solution to many of the world’s problems. Perhaps because of its relation to cryptocurrency or the narrative prophecies that surround them both, blockchain draws both criticism and praise from a staggering array of sectors. However, with the big blockchain push from Chinese President Xi Jinping along with many tech, finance and industry giants piloting blockchain implementation, the…

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Bitcoin Cash 2019: Year in Review

2019 is coming to an end and the Bitcoin Cash (BCH) ecosystem has matured a great deal. BCH has successfully upgraded twice this year, adding Schnorr signatures capabilities and most transactions on the BCH network are now non-malleable. Moreover, BCH has seen increased adoption this year, an SLP token explosion, a slew of helpful third-party applications, and has become a privacy contender with Cashshuffle and Cashfusion on the way. Also read: Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles This Year’s Bitcoin Cash Growth As the new year approaches,…

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Blockchain Startup SpaceChain Sends Wallet Tech to International Space Station

Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station. Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station (ISS). As part of the CRS-19 commercial resupply service mission, a SpaceX Falcon 9 rocket is delivering SpaceChain’s hardware wallet technology to the ISS, according to a Dec. 6 press release. The move purportedly marks the first tech demonstration of blockchain hardware on the ISS and the third blockchain payload by SpaceChain over the past two years. Acceleration of space-as-a-service…

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Price Analysis 06/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low. In its “Imagine 2030” report, Deutsche Bank strategist Jim Reid forecast that by 2030, digital currencies could replace cash. Reid said that in order for mainstream integration to occur, digital currencies will have to convince regulators that they are safe for investors and find solutions for issues such as cyber attacks, electricity consumption and digital war. Cryptocurrency adoption by a large traditional financial institution could also…

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For “My Cause My Cleats” Design, Russell Okung Sports BTCPay Server

Russell Okung is no bitcoin tenderfoot. The Los Angeles Chargers left tackle hosted his own Bitcoin event in September 2019 after he made a public splash onto the scene with his “Pay me in Bitcoin” tweet during the off-season. Now, for his December 8, 2019, matchup against the Jaguars, bitcoin will be with him every step of the way — literally. The two-time Pro Bowler and bitcoin hodler recently tweeted a cleat design that reps the open-source BTCPay Server, a decentralized payment portal that was built as an alternative to…

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