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Your Weekly Bitcoin News

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Your Weekly Bitcoin News

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October 15, 2017 | $5,498.16

Bitcoin Anarchist Amir Taaki Leaves England Boyish, Returns From Syria Hardened

Famed bitcoin gadfly and early adopter, cryptoanarchist Amir Taaki, ghosted for long enough to generate theories galore. Resurfacing, it turns out he was in a tucked-away part of northern Syria. He speaks with news.Bitcoin.com about his transformation as a result. 

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Julian Assange Thanks U.S. Government for 50,000% Gains on Wikileaks' Bitcoin Holdings

The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange's tweet indicates that Wikileaks' bitcoin holdings have seen gains of over 50,000%.

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One Woman Surviving Solely on Bitcoin Attempts a Trek from Toronto to Las Vegas

With the world's most popular cryptocurrency approaching 6000 USD in price, and its market capitalization surpassing that of one hundred and fifty year old legacy banks such as Goldman Sachs, it does appear bitcoin has won hearts as an asset class and speculative investment. But if mainstream media accounts are to be believed, it's mainly a bunch of crazy geeks hoarding tulips.

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PNC Bank Threatens to Close Customer's Account for Buying Bitcoin

The PNC bank recently threatened one of their customers for purchasing bitcoin. The bank wanted to shut down the customer's account. This has been a story floating around the internet the last few days. The victim was Elitoohey. He elaborated on the situation in a Reddit post, saying the bank started by asking him questions about recent bitcoin purchases. 

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Meet the New Bitcoin Cash P2P Exchange Localbitcoincash.org

On October 14 a new bitcoin cash exchange was launched called, Localbitcoincash.org, a platform that enables people to trade the decentralized currency in a peer-to-peer fashion.

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Russian Regulators Think They Found a Way to Identify, Tax, and License Crypto Miners

Russia's regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia's President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners.

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Research Shows Half a Billion People Are Mining Cryptocurrencies Without Knowing It

The company behind the ad blocking program Adguard has analyzed the most popular 100,000 websites for cryptocurrency mining scripts. They found that over 500 million people have been mining cryptocurrencies and "they have no idea it is happening." Each website running the script earns an estimated $43,000 within the three-week period studied.

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SPV Wallet Bread Lets Users Decide During the Segwit2x Hard Fork

This week the popular bitcoin wallet app for iOS and Android, Bread, announced its contingency plans towards the Segwit2x fork scheduled for this November. Bread says the Segwit2x fork is more complicated due to the lack of built-in replay protection, but its number one priority is keeping customers funds safe and giving users a choice.

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Lightning Network Desktop App Now Available for Testing

Lightning Network developers released a testnet desktop application today for Lnd. According to the blog post, this will unleash a blitz of testing on the network. The developers actively want technical users to immediately begin experimenting with the application. They provided an official download link from their Github site. 

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Developer Amaury Séchet Discusses the Values of Bitcoin ABC Development

Over the past two months, the Bitcoin Cash network has been trucking along and currently holds the fourth largest cryptocurrency market capitalization. Recently news.Bitcoin.com covered the project's current Emergency Difficulty Adjustment (EDA) and the discussions concerning the future of the network's difficulty change. This week we spoke with the lead developer of the Bitcoin ABC client, Amaury Séchet, and discussed his vision of the Bitcoin Cash protocol and thoughts on the EDA solution.

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Big Name Investors Voicing Bitcoin Optimism Are Louder Than Negative Colleagues

Bitcoin's price is on a tear in 2017, and it's hard not to notice the decentralized currency's spectacular run this year. As the value climbed to new heights this October, surpassing $5800 per BTC across global exchanges, many well-known investors have stated this month that they believe bitcoin's future will be very bright from here on out.

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Cryptocurrencies Expected to Cause "Massive Disruptions" – IMF Managing Director

The managing director of the International Monetary Fund (IMF), Christine Lagarde has again addressed the topic of bitcoin and cryptocurrency. At a recent IMF event, Lagarde told reporters that virtual currencies will comprise the catalyst for "massive disruptions" within the financial markets and fintech industries.

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Zenapay Latest PoS Bitcoin Solution to Enter Projected $50 Billion Cannabis Market

US cash-intensive cannabis businesses (420s) are looking for ways to meet customer demand while struggling under federal prohibition. Cryptocurrencies are increasing in popularity with 420s, and now Zenapay is entering the market with its own bitcoin solution.

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Judge's Decision to Delay Bitlicense Hearing Considered a 'Positive Step'

Last April news.Bitcoin.com reported on Theo Chino, the lone bitcoin entrepreneur that's been fighting the Bitlicense in court for two years. This week during Chino's case hearing, Judge Carmen Victoria St. George, decided to delay the Bitlicense trial until January 11, 2018, so she can review records used by the previous judge.

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UK's Tickmill Adds Bitcoin to its Forex Platform

United Kingdom dominance in the European financial technology sector continues with over-the-counter (OTC) exchange Tickmill trading in bitcoin.

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The Texas Bitcoin Conference is Coming Back to Austin

This month on October 28-29, 2017 the Texas Bitcoin Conference is coming to the Canyon View Event Center in Austin, Texas. The two-day event aims to showcase the transformative blockchain and cryptocurrency revolution taking place worldwide.

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