#Bitcoin

Telegram founder and CEO, Pavel Durov, has announced that he recently started issuing bitcoin grants to individuals and companies that ran socks5 proxies and VPNs, and that he plans to donate millions of dollars this year alone in order to fund such technologies which circumvent government bans on his Telegram messaging service.

The Russian government has prepared a memo on the law “On digital financial assets” that states the “exchange of cryptocurrencies for fiat money to the amount of 600,000 rubles (around $10,000) and more has to be subject to mandatory currency control,” Russian publication Izvestiya reports.

India virtually banned cryptocurrencies like bitcoin with the Reserve Bank of India barring regulated entities from providing services to any individual or business dealing in digital currencies.

While dramatic price swings of bitcoin and other cryptocurrencies are rattling the nerves of investors, a Moscow-based company has launched a hotline to help ease their anxiety over crypto market fluctuations.

Oleksandr Ivanov (aka cryptofan) is a crypto analyst, data scientist, and PhD candidate at University of Groningen. In his short research he applies the critical analysis of recent accusations that Tether supply has been manipulated in order to use pump-and-dump scheme on the price of Bitcoin.

Bitcoin is one of the hottest buzzwords right now. No matter where you look online somebody is talking about it. And being at record high-level prices, that makes a lot of sense! Although still a highly volatile market, cryptocurrencies are rapidly gaining in popularity.

Sweden-based bitcoin startup Bitrefill focused on topping up mobile phone accounts and selling gift cards has garnered some attention from the community in the recent months after implementing some innovative solutions.

November 25-26 Latvia’s capital of Riga hosted its first international bitcoin conference Baltic Honeybadger 2017.

Major Russian businessmen are interested in cryptocurrencies, while one tenth of the Forbes list invest in this new kind of financial tool.

Chess grandmaster and former world chess champion Garry Kasparov has told Proteste Investe that he isn’t surprised about bitcoin’s high popularity, however, believes it is “fake money issued by governments in high amounts.”

SegWit2x, a Bitcoin hardfork expected to become effective this November, is among the most talked-about and somewhat disputable matters in the community. ForkLog talked with Dr. Adam Back, the CEO of Blockstream and one of the world’s leading Bitcoin developers, to find out what’s that dangerous about it, and how to prepare yourself for that.

German Sterligov, an eccentric Russian entrepreneur, has launched a cryptocurrency exchange named CryptoSterlingClub Alice.