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Crypto News Digest - 03 Dec '16
Smart contracts startup Symbiont has hired cryptographer Lisa Yin as its new chief security officer......¦
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Coinbase Seeks Patent for Bitcoin Private Key Security System
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Dec 2, 2016 [ ©Coindesk News]
Bitcoin and ether exchange startup Coinbase is seeking a patent for a security system for bitcoin private key......¦
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Russia's Tax Service Confirms Bitcoin Legal Status as Foreign Currency
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Dec 2, 2016 [ ©Bitcoinist News]
A document issued by the Russian Federal Tax Service finally presents the first official position on the status of Bitcoin and cryptocurrencies in Russia, equating them to foreign currency......¦
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Child-Pays-For-Parent: Bitcoin Transactions Now Confirmed in Seconds
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Dec 2, 2016 [ ©Bitcoinist News]
The torment of waiting hours for a Bitcoin transactions to confirm is officially over, thanks to a little-known trick called ‘child-pays-for-parent’ (CPFP)......¦
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Online casinos like Red Flush Online Casino are becoming incredibly popular thanks to the many benefits that online gaming has to offer. The convenience of playing all of your...... ¦
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Mastercard is taking the blockchain phenomenon very seriously. Just a few weeks after revealing its developer-focused blockchain APIs, the firm is moving on patent territory...... ¦
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China Snoops on Transactions as Great Firewall Shifts West
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Dec 2, 2016 [©Bitcoin.com News]
The country's regulator, the State Administration of Foreign Exchange (SAFE) in the past week announced spot inspections of any outgoing transaction of over $5 million. Previously, only transactions of over $50 million in value could be eyed before leaving China......¦
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The second annual EtherCamp hackaton has entered its voting phase. Judges will decide the winners of the $50,000 prize. Spectators can also participate by voting with tokens for which project should win......¦
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Amazon Launches its Financial Services Competency for FinTech Startups
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Dec 2, 2016 [ ©CCN News]
Amazon Web Services (AWS) is ramping up efforts to help FinTech startups by launching its own Financial Services Competency, recognizing technology companies that work in the financial sector, according to a report by Business Insider...... ¦
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Bitcoin Agenda for 2017: Should We Focus on Consumers or Legislation?
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Dec 2, 2016 [ ©CoinTelegraph News]
As we enter into 2017, the question of where the Bitcoin and cryptocurrency community should be focusing their attention is paramount. The year 2016 can be said to be the year of the Blockchain. Several innovations and creations around the Blockchain were unveiled, strengths and weaknesses of a number of systems became exposed as well...... ¦
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UK Bans End-to-End Encryption, Mandates Government Authority Over Encrypted Technologies
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Dec 2, 2016 [ ©CoinTelegraph News]
The United Kingdom has legislated an effective ban on end-to-end encryption, giving the government a mandate to access backdoors in any technology they deem necessary............¦
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