Your Daily Bitcoin News - Coin Update

Your Daily Bitcoin News

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Your Daily Bitcoin News

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October 20, 2017 | $5,655.39

UK Police Force Investigate the Defunct Mintpal Exchange and Owner

According to various reports, users of the now-defunct cryptocurrency exchange Mintpal have received an email from the UK's Avon and Somerset Economic Crime Team. The team's detective constable, Charlotte Suter, has stated the police force is currently investigating the trading platform's demise.

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Sweden Latest Government to Auction Bitcoins, Turns Tidy Profit

Asset forfeiture goes digital, as governments around the globe attempt to profit from the world's most popular cryptocurrency's soaring value. Sweden joins its ranks, auctioning off bitcoin at a sizeable margin.

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Bitcoin Surging Means New Storage Fears as Users Take Extreme Measures

Bitcoin millionaires are now a thing, and so are thousandaires. It's been a good, good year for users of the world's most popular cryptocurrency. With sums exceeding expectations by a lot, problems arise. Keeping it all on a smartphone no longer seems reasonable. Exchanges prove insolvent. And so storage has become an obsession, leading to interesting extremes and hardware innovations. 

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Coinmall Hopes to Build an Ebay for Digital Goods Powered by Cryptocurrency

This week we looked at a new cryptocurrency-based marketplace called, Coinmall.io, a platform that allows users to purchase digital goods with bitcoin and litecoin. Further, news.Bitcoin.com discussed the marketplace platform with its founder, Yousef Abdulhassan, who explains the project recently launched its alpha version this month.

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Star Jets International Now Accepts Bitcoin Payments

Star Jets International LLC now accepts bitcoin payments for private jet flights. The company is a wholly owned subsidiary of Advanced Defense Technologies, Inc. Customers who use Star Jets get to leverage all the advantages of using a corporate jet, according to an Econotimes article. 

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A Look at Five Different Cryptocurrency Hardware Wallets and Prices

As bitcoin and alternative digital currencies grow more valuable, the demand for hardware wallets has grown significantly. Currently, there are a lot more options than when the first bitcoin hardware wallets came out and a lot more features. Here's a look at some of the most popular cryptocurrency physical storage devices out on the market today.

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Gold Versus Bitcoin, Goldman Sachs Prefers Metal to Crypto

Bitcoin's creator patterned his digital commodity money after history's most famous analog store of value for currencies, gold. Debate rages as to whether bitcoin will overtake gold's place. 

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Calvin Ayre Declares Bitcoin Cash "The Only Bitcoin"

In a statement addressing the upcoming the bitcoin (BTC) fork that is scheduled for mid-November, Calvin Ayre has stated it's belief that Bitcoin Cash [Bitcoin (BCC)] is "the only bitcoin."

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Bitcoin Cash Developers Propose New Address Format

This week the lead Bitcoin ABC developer, Amaury Séchet, proposed to add a Bech32 address format to the Bitcoin Cash (BCC) network. Currently, the BCC community has been discussing modifying the bitcoin cash address format, alongside preparing to fix the protocol's Emergency Difficulty Adjustment (EDA).

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