Bitcoin

A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain financial times. Also read: Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors $20,000 Worth of Crypto Allowed to Cover Legal Costs Hearing a defamation claim, the New South Wales District Court was recently asked by the defendant to order the plaintiff to put $20,000 AUD (approx. $13,000 USD) into a court-controlled bank account, the Australian Associated Press reported Thursday. The money is supposed to cover some of the defendant’s expected legal costs if the plaintiff loses the case or decides to withdraw it altogether. The court accepted the request allowing a cryptocurrency exchange account owned by the plaintiff to be used as security for the potential...

For the first time in four years, the premier offshore consulting firm Nomad Capitalist is bringing you the world’s #1 offshore conference. From September 16-19, 2020, take in the beauty of Playa del Carmen, Mexico while learning how to create a life of freedom and prosperity on a global scale. Nomad Capitalist Live is four power-packed days designed to show you “what’s working now” and teach you everything from offshore tax strategies to overseas banking and offshore companies, and from second passports and residencies to hot international investments and the Nomad Capitalist lifestyle. Since 2008, Andrew Henderson has been researching and implementing offshore strategies to live, do business, and invest overseas based on his father’s prescient words: “Go where you’re treated best.” He created Nomad Capitalist to help entrepreneurs like himself do the same to keep more of their own money, create wealth faster, and design their life of freedom. For the past four years, Nomad Capitali...

On February 27, a group of developers behind the Bitcoin Cash Node implementation released the first version of the project’s codebase. The new client is essentially a drop-in replacement for Bitcoin ABC 0.21.0, as the code aims to disable the Infrastructure Funding Proposal (IFP). Also Read: BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC Bitcoin Cash Node Unveils Code and Rebrands The Bitcoin Cash ( BCH ) community was introduced to the open source codebase for a new full node project called the Bitcoin Cash Node on Thursday. The node has rebranded from Bitcoin ABC and developers launched a new website as well. News.Bitcoin.com first reported on the project after it was initially announced, as the full node has various well known BCH developers working on the client. “This is the first release of Bitcoin Cash Node as a drop-in replacement for Bitcoin ABC 0.21.0. It is based on Bitcoin ABC 0.21.0, with minimal changes necessary to disable the Infr...

If cryptocurrency is designed to reconstruct the financial world while introducing major improvements in transaction speed, privacy, cost and convenience, debit cards represent a useful bridge between old and new. A preponderance of crypto debit card options now exist that allow cryptocurrency to be exchanged for spendable fiat currency at the touch of a button. Let’s take a look at a baker’s dozen of them. Also read: How to Get Free Bitcoin in 2020 European Crypto Debit Cards Plutus is one of the longest running crypto card services, having pitched up in 2015. The London startup has its own loyalty token (PLU) which is awarded to users every time they use their debit card. Notably, though, it’s a noncustodial platform which lets users retain control of their private keys. Usable in almost 200 countries, the card can be topped up using GBP or EUR, with ETH and PLU the only supported cryptos at the current time. Plutus also doubles as a virtual bank account, which is offered to re...

SetBroker, an innovative Bitcoin-based copy-trading platform, announced today their successful launch. Their platform is powered by ZuluTrade’s technology and Traders ecosystem. Setbroker.com’s unique sales incentive is that it will exclusively use Bitcoin for funding Investors’ trading accounts. The project is expected to transform the cryptocurrency trading market using blockchain and Bitcoin technology combined with a solid system of trading strategies. ZuluTrade, founded in 2007, bridged the trading gap by building an online and mobile Platform that connects Traders who have built good strategies with investors (followers) who can copy those trades in real-time, into their own investment accounts. ZuluTrade provides the largest, truly open-trading ecosystem, operating globally and regulated in the EU, Japan and now in the USA. The innovative Platform offers ZuluTrade’s proprietary technology via B2B collaborations with entrepreneurs who want to become involved with the industry....

Many early adopters who made a fortune from cryptocurrency first got their hands on coins by receiving them for free from bitcoin faucets back in the day. Today there are still a number of ways for you to get bitcoin for free including airdrops, giveaways, bounties, tipping, referral programs and faucets. Also Read: How to Mine Bitcoin in 2020 How to Get Bitcoin Without Reaching for Your Credit Card If you want to start stacking satoshis or test out using digital assets without having to spend any money, there are several options available for you to do so in 2020. This guide will present some of them before reviewing a few bitcoin faucets that are still operational today. One of the best ways to get coins is to earn them from something that you already do. So if you have a website, blog or even just a large following of friends online, you can capitalize on that by joining a referral program that pays in crypto. Bitcoin.com offers such a program for Bitcoin Games, a provably f...

When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses secure multi-party computation. Despite these innovations, many exchanges have been slow to adapt, and are still using outdated tools to control billions of dollars of customer funds. Also read: Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit From Single Key to Multi Key When Mark Karpeles sent 442,000 BTC between Mt. Gox wallets in 2011, purely to show that he could, it demonstrated the dangers of single key custody. Having one individual in charge of thousands of customers’ assets was a recipe for disaster. On that occasion, the transaction passed off without a hitch, but four months later the Gox boss was to lose 2,609 BTC due to a scripting error. The dangers of ...