Liberty Con 2018 Brings Freedom And Bitcoin To Washington DC

On March 2-4 the international pro-liberty nonprofit, Students For Liberty, hosted a three-day conference called Liberty Con, an event that aims to “to educate, develop, and empower the next generation of leaders of liberty. ” In addition to the many ideas that promote freedom attendees got a taste of cryptocurrency from the Bitcoin. com booth alongside a 45-minute debate about the legitimacy of bitcoin between Bitcoin. com’s communications ambassador and the well-known precious metals advocate and economist Peter Schiff.

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Ripple Soars Then Plunges Off Coinbase Rumors – Again

Ripple fans seem to be stuck in their very own Groundhog Day, a recurring nightmare in which XRP only pumps when the Coinbase listing rumor is trotted out.If the groundhog sees his shadow, there’ll be no ripple listing for six more weeks. When Coinbase?In a repeat of December, January, and every other month, XRP has been linked with Coinbase, the altcoin rose rapidly in value on March 5…only to sink once the U. S. exchange debunked those rumors.A Coinbase listing was coming, the word on the web went, and ripple was as good as confirmed.Spreading rumors of a Coinbase listing – all it takes is a photoshopped API purporting to show the ticker – has become one of the easiest pumps to perpetrate.

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Russian Supreme Court To Decide The Fate Of Bitcoin Sites

The decision states that the Russian ruble is the official currency in the country and that issuing other currencies and surrogates is illegal. The Bitcoininfo. ru case was initiated by the local district prosecutor.Lawyers from the Roskomsvoboda project and the Center for Digital Rights law firm have appealed the blocking of Bitcoininfo. ru, issued by a local court in Saint Petersburg in 2016.The Center for Digital Rights lawyers say the review of the case in the Supreme Court is important not only for crypto-related sites, but also for the whole internet-based industry in Russia.Another local court, in Oktyabrsky District, banned more than 40 websites offering information about cryptocurrencies and exchange services in Russia.The decision to restrict access to Bitcoininfo. ru was taken by the Vyborgsky District Court in Russia’s Northern Capital.The Supreme Court of Russia has taken upon itself the responsibility to decide a case that may become a precedent for the crypto sector.Do you think the Supreme Court of Russia is going to rule in favor of restoring access to bitcoin-related websites?According to Roskomsvoboda, access to several dozen domains containing the word “bitcoin” has been restricted by court decisions or by the Federal Tax Service.The publication of information about the “electronic currency” bitcoin, “a virtual means of payment and accumulation”, violates the provisions of the law “On the Central Bank of the Russian Federation”, the court’s decision read.Experts say the decision of the highest judicial authority is likely to become a precedent for the whole crypto sector in Russia.According to the judges, the website had been violating the rights and legitimate interests of persons who had access to illegal information, and therefore was subject to restriction.This is the first cassation appeal against the blocking of bitcoin-related source to be reviewed by the Supreme Court, Sarkis Darbinyan, leading lawyer of “Roskomsvoboda” told RBC.The highest judicial authority in the country has accepted an appeal against the blocking of a popular Russian analytical portal – Bitcoininfo. ru.The Supreme Court in Moscow has subpoenaed Russia’s regulatory agency Roskomnadzor as a third party in the case.Its decision will affect dozens of crypto websites with restricted access, including foreign platforms like Localbitcoins. com.

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Cryptocurrency Exchanges Slash Withdrawal Fees

Now Binance, Bitfinex, and Kraken have all reduced their fees amidst a backdrop of increased Segwit adoption and transaction batching.Due to the high number of bitcoin transactions exchanges send, often simultaneously, batching has the potential to provide even greater cost reductions than Segwit.There are two reasons being attributed to the reduction in exchange fees and subsequent savings for their users: Segwit and transaction batching.Bittrex, for example, currently charges 0. 001 BTC ($11. 50) for withdrawals, and Coinbase has yet to lower its fees, although a workaround allows customers to transfer their crypto to GDAX for free and withdraw from there without charge.In the past week, three of the most popular cryptocurrency exchanges have cut bitcoin withdrawal fees by up to half.Bitfinex, meanwhile, has slashed a third off its fees, which now stand at 0. 0004 BTC, with the exchange citing Segwit as the reason behind the saving.And with cryptocurrency exchanges setting their own fees, the recent cost savings haven’t filtered through to users.

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PR: Electroneum Launches Groundbreaking Mobile Miner

In order to kick-start the use of Electroneum across the developing world, the cryptocurrency has partnered with global mobile operators and payments companies to allow users to pay for their airtime, data and VAS (value added services) using Electroneum.After a successful week exhibiting at Mobile World Congress in Barcelona, Electroneum has launched its groundbreaking mobile miner, which will open the world of cryptocurrency up to billions of smartphone owners around the world.Electroneum’s mobile miner allows anyone with a smartphone to earn a few US$ worth of cryptocurrency every month by mining Electroneum.The Electroneum project’s core aim is to achieve global mass adoption of cryptocurrency, and one of its main mechanisms to do this is the long awaited mobile miner.

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This Week In Bitcoin: Courtroom Drama

As the value of crypto assets continues to escalate, it’s inevitable that there will be more cases of this nature, and indeed of every conceivable nature: if it’s not early adopters suing the living daylights out of one another, it’s federal agents indicting bitcoin sellers for the “crime” of operating an unlicensed money transmitting business.Kleiman’s heirs were unaware of their family member’s bitcoin efforts and potential bounty, “Craig perpetrated a scheme against Dave’s estate to seize Dave’s bitcoins and his rights to certain intellectual property associated with the Bitcoin technology”.

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BTC Transaction Volume Reaches Two-Year Low

The reduction in transaction volume coincides with a significant drop in the number of bitcoins traded globally on Localbitcoins. Coin. dance data indicates that the total number of bitcoins traded on Localbitcoins has twice fallen below 6,000 in the last ten weeks, during the weeks of the 30th of December 2017, and the 24th of February 2018 respectively.The number of confirmed daily bitcoin transactions has dropped substantially in recent weeks, with blockchain. info data indicating that the seven-day average falling from an all-time high of nearly 350,000 on the 16th of December 2017 to reach lows of between 150,000 – 155,000 during February 2018.

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Kaliningrad Offers Tax Breaks To Attract Bitcoiners

Last month Russian Deputy Energy Minister Vyacheslav Kravchenko advised crypto companies to build mining farms on the Kola Peninsula in Murmansk Oblast, where they can find a surplus of power generating capacity.Crypto regulations have not been adopted in Russia yet, but a string of words and deeds suggests that Moscow may take full advantage of the “phenomenon” in order to uphold national interests.Crypto miners willing to set up their facilities in the westernmost Russian region have been offered preferential treatment in the Special Economic Zone there.Ideas and proposals to attract businesses and human capital in areas of strategic importance across the vast country have been circulated by officials on local and federal levels.

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Paypal Files Patent For Expedited Cryptocurrency Transaction System

It gives as an example waiting for ten minutes or more for a bitcoin conformation, which they indicate hurts the user experience, putting it at a disadvantage over seemingly instant choices such as fiat credit card payments. “In many transaction situations, a 10 minute wait time will be too long for payers and/or payees, and those payers and/or payees will instead choose to perform the transaction using traditional payment methods rather than virtual currency.The system described by the patent application is meant to work by creating secondary wallets that each include a respective secondary wallet private key, and a transaction is performed using the primary wallet private key to transfer different predefined amounts to each of the secondary wallets.

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