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Your Daily Bitcoin News

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NEWS TAILORED FOR YOU
October 27, 2017 | $5,846.78

Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries

Following the crackdown by the Chinese government last month, bitcoin exchanges in China are looking to continue their businesses in cryptocurrency-friendly countries. Nineteen chinese companies are reportedly applying for a license to operate in Japan, while others are considering Singapore, Hong Kong, and South Korea.

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National Bank of Kazakhstan Proposes to Restrict the Exchange and Mining of Cryptocurrencies

The central bank of Kazakhstan has submitted proposals to its government to restrict some cryptocurrency-related activities. However, the bank's chairman admitted that he does not fully understand what cryptocurrency is. Experts also weighed in on the feasibility of banning crypto mining in the country.

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AMD Share Price Drops Amid Expectations Mining Hardware Demand Will "Level Off"

Advanced Micro Devices (AMD) has announced an estimated gross profit margin of 35% percent for the fourth-quarter of 2017. Although the announcement has revealed a lower profit forecast than anticipated by some analysts, AMD's share price has seen gains of more than 80 percent over the course of the last 12 months.

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Segwit2x Developer Says November Hard Fork is Full Steam Ahead

The Segwit2x working group has been quiet lately, but now it seems the development wheels are turning once again. On Wednesday, October 25 the lead developer of the Segwit2x (BTC1) working group, Jeff Garzik, addressed the public with a status update. According to Garzik, everything is "still full steam ahead for Segwit2x upgrade" scheduled for mid-November.

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A Look at Bitcoin Replay Attacks and Self-Managed UTXO Protection

Over the past few weeks, bitcoin proponents have been quarreling online about the lack of replay attack protection for the pending Segwit2x fork scheduled for this November. As time draws closer, a lot of bitcoiners are planning on sitting tight to ride out the storm. However, there are also individuals searching for replay-protected exchanges, wallet providers, and alternative techniques to protect themselves.

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