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Showing posts from September, 2018

Walmart is now selling bitcoins for $1 ??

Walmart   is now selling bitcoin for $1. But in a new spin on the volatile and ever-changing world of cryptocurrency, this digital currency is made of chocolate. Frankford bitcoins , are 1.42 ounces of milk chocolate wrapped in gold-colored foil made by Frankford Candy. They’re reminiscent of the regular old foil-wrapped milk chocolate coins of yesteryear. But of course, entirely different because they’re called bitcoin. Bitcoin   is a digital decentralized currency that’s created and then held electronically. Frankford just added the milk chocolate. View image on Twitter Frankford Candy @frankfordcandy Lots of Milk Chocolate + Bitcoins = Pure happiness. 12:49 AM - Sep 7, 2018 20 See Frankford Candy's other Tweets Twitter Ads info and privacy Frankford Candy, which has been in business since 1947, is hardly the first company to see opportunity in the rise of cryptocurrencies. Who can forget Long Island Iced Tea Cor

Canadian Bitcoin Fund Receives Status as Mutual Fund Trust

Canada’s “first” and “only” regulated Bitcoin (BTC) fund First Block Capital Inc. has obtained mutual fund trust status, allowing investors to put their fund units in self-directed registered accounts, according to a press release published September 10. First Block Capital Inc. (First Block) announced that investors in its flagship product the FBC Bitcoin Trust — available for accredited investors only — can now put their holdings in such accounts as a Registered Retirement Savings Plan (RRSP) and a Tax-Free Savings Account (TFSA). Essentially this will allow accredited investors to deposit their fund units into accounts which provide substantial tax benefits for retirement and savings purposes. There are several types of accredited investors in Canada which include but are not limited to: an individual registered as an adviser or dealer by securities regulators; a person who beneficially owns financial assets in the amount that exceeds $1,000,000 before taxes; or a person wh

The Securities and Exchange Commission announced the temporary suspension of trading in the securities Bitcoin Tracker One (“CXBTF”) and Ether Tracker One

The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF), two investment products that track cryptocurrencies. The two exchange-traded notes (ETNs) are issued by Swedish company XBT Provider AB, a subsidiary of U.K.-based Coinshares Holdings. The two products have been listed on the Nasdaq Stockholm exchange since 2015 and  entered the U.S. market  last month under the ticker CXBTF, enabling domestic investors to access and invest in the crypto ETNs in an over-the-counter (OTC) market with their U.S. dollars. SEC_News ✔ @SEC_News The Securities and Exchange Commission announced the temporary suspension of trading in the securities Bitcoin Track

Bitcoin Adoption Is Getting A Massive Lightning Network Boost --- Payment Gateways

  Replica bitcoins are seen in this photo illustration on November 4, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images) Bitcoin adoption is about to take another step forward with the Lightning Network today getting a boost from payment processing startup CoinGate — which is adding all 4,000 of its merchants to the off-chain system. Those CoinGate merchants which will be able to accept payments via the Lightning Network include  Swiss watch manufacturers Chronoswiss and Louis Chevrolet, gaming store Mmoga.com, hosting service Bitlaunch, and adult websites Livejasmin and  Manyvids. The Lightning Network , first proposed by Thaddeus Dryja and Joseph Poon  in a 2015 white paper , creates a layer on top of the bitcoin blockchain, where transactions can be passed back and forth before being added to the underlying blockchain. This should mean transaction speed is greatly increased while costs are significantly reduced. When sending a Lightning payment, two parties de