Swiss Regulator Gives Clear Guidelines for Launching ICOs (bitcoinmagazine.com)

On February 16, 2018, the Swiss Financial Market Supervisory Authority FINMA put the world on notice by being the first major economy to set out clear guidelines on initial coin offerings (ICOs). In an announcement, the Swiss regulator addressed plans to apply financial market legislation to different tokens as well as lay out how ICO organizers can get proper input from FINMA when planning or launching their…

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Vermont Lawyer Warns of Legal Complications Ahead for Cryptocurrency Miners (bitcoinmagazine.com)

Are miners — the nodes on a blockchain that process transactions — partners in a company? And, if they are deemed partners, and a cryptocurrency project collapses leaving coin holders holding the bag, what legal construct is in place to protect miners from lawsuits? One Vermont lawyer sees a “nightmare” unfolding.Stepping back a few steps, last month, several news sites ran stories about proposed legislation (…

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Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges (bitcoinmagazine.com)

Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities without a license.In an announcement today, Hong Kong’s Securities and Futures Commission (SFC) said it has sent letters to seven Hong Kong exchanges and firms attempting to fundraise through initial coin offerings (ICOs), warning them about the…

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Po.et’s “Frost” Launches Blockchain-Based Solutions for Bloggers, Content Creators (bitcoinmagazine.com)

If you are one of the 81 million people who use WordPress to publish content, you’ll soon be able to automatically timestamp your works within the WordPress content management system using the new Po.et plugin.February 8, 2018 marked the launch of Frost, an open API and set of developer tools from Po.et that will enable content publishers and developers to more easily…

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Bitcoin Price Analysis: Bitcoin Bulls Find Respite Along Major Support Lines (bitcoinmagazine.com)

Over the last week, bitcoin has seen an aggressive markdown from the $ 12,000s to the $ 6,000s — a 50% move in 7 days. Right now, a battle between the bulls and the bears is under way as the market is trying to decide if today’s rally is a temporary bottom or a decisive end to the aggressive bitcoin bear market:Figure 1: BTC-USD, 1-Day Candles, Macro TrendTo date, the market has broken number lines of support including the daily 200 EMA. The daily 200 EMA has been a strong support for the last…

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Bitcoin Transaction Fees Are Pretty Low Right Now: Here's Why (bitcoinmagazine.com)

The relatively high transaction fees on the Bitcoin network were a major topic of conversation last year, but these fees have been plummeting so far in 2018. According to data from CoinMetrics, bitcoin miners are now collecting less than a third of the value they were collecting in fees at one point in December 2017.So what’s causing…

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Bitcoin Price Analysis: Possible Bear Pennant Suggests End to Market Consolidation (bitcoinmagazine.com)

Looking back at bitcoin’s parabolic curve, we can see notable lines of support and resistance throughout its market cycle. Two highly reliable sources of support and resistance are the set of 50/200 EMAs and the Fibonacci Retracement set from the beginning of the bull market to the top of our current all-time high:Figure 1: BTC-USD, 1-Day Candles, Macro TrendOver the last couple days, bitcoin has attempted to break the overhead resistance surrounding the 38% retracement values and the 50 EMA…

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South Korea Allows Cryptocurrency Trading for Real-Name Registered Accounts (bitcoinmagazine.com)

Six Korean banks will begin allowing the simultaneous opening of accounts, deposits and withdrawals, as well as transfers of funds between these accounts and exchanges, beginning on January 30, 2018, but with some new restrictions.South Korea’s government continues its efforts to rein in the trading of virtual…

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Two New Services Could Help Investors Rate Cryptocurrencies (bitcoinmagazine.com)

Increasing interest in cryptocurrencies has led to an influx of new investors. Unlike traditional markets, there are few tools that can help people make informed decisions, a situation that has already begun to claim victims in a particularly volatile environment.In separate announcements, Weiss Ratings

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BlackWallet Hacked: Warns Stellar Community Not to Log In to Site (bitcoinmagazine.com)

On January 13, an unknown hacker(s) hijacked the DNS server for BlackWallet.co, a web-based wallet for the Stellar Lumens cryptocurrency, and redirected it to their own server.Security researcher Kevin Beaumont, who analyzed the code, said, “The DNS hijack of Blackwallet injected code, if you had over 20 Lumens it pushes…

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