Your Daily Bitcoin News - Coin Update

Your Daily Bitcoin News

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Your Daily Bitcoin News

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October 9, 2017 | $4,595.01
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Car Sharing Firm Gets $10 Million, Adds Bitcoin Payments

The India-based, Y-Combinator-backed car sharing firm, Drivezy, just raised Rs 65 crore ($10 million). The company has used the funds partly to begin accepting bitcoin payments on their platform. In all, the company has raised a total of $16.5 million (Rs 107 crore) from a variety of different sources. An equity investment totaling $5 million has been made by Japanese and American firms.  

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Malaysia's Central Bank to Decide on Crypto Regulation at Year's End

Malaysia central bank Governor is taking bitcoin cues from China. His glib statements are attracting widespread regional attention, as Southeast Asia's 4th largest economy attempts to reconcile notorious financial conservatism with radical financial change.

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Altcoin Exchange Performs First Atomic Swap Between Bitcoin and Ethereum

On October 7, 2017, the decentralized cryptocurrency trading platform Altcoin Exchange announced the team performed the first atomic swap between the Ethereum and Bitcoin blockchains. The exchange says this is the startup's first step towards creating a trustless exchange process.

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Alleged Dream Market Kingpin Arrested at World Beard and Mustache Championships

A 38-year-old Frenchman suspected of selling drugs via the dark web has been arrested at Atlanta international airport after arriving in the United States to attend the World Beard and Moustache Championships, according to a recently released court document. Gal Vallerius AKA 'Magnificent Redbeard', is accused of working as an administrator and vendor on Dream Market – an anonymous free market facilitating the sale of narcotics via the deep web.

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Music Streaming Service Arena Pays Royalties in Bitcoin to Eliminate Industry Black Box

Arena Music attempts to right the fallen music industry. As a loss leader streaming service pointing users to artist merchandise, it is also taking the radical step of paying royalties in bitcoin. 

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Bitcoin ATMs On the Rise in Russia

The number of bitcoin ATMs is on the rise in Russia. Ten of them were recently installed in five districts of Novosibirsk by a local startup. Last week, a different company announced their plans to install a hundred cryptocurrency ATMs in Moscow hotels and airport terminals starting this month. Meanwhile, the regulators have said that they will not legalize cryptocurrencies anytime soon.

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Liberty in North Korea: Bitcoin.com, /r/GoldAndBlack Team Up for Worthy Cause

Reddit online community members join forces to assist in the placement of North Korea's Hermit Kingdom refugees. 

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