#bitcoin

A roundtable on Bitcoin’s legal status in Ukraine was held on May 19 in the country’s capital of Kyiv.

German Gref, head of Russia’s biggest state-owned bank Sberbank, said that penalizing Bitcoin in Russia will result in blockchain development’s halting and regress of the country in general.

California officials stated the state would not regulate digital currencies under existing regulations, Bloomberg reported.

Bitcoin exchange rate’s unexpected retreat against the background of skyrocketing Ether, big news from cryptocurrency exchanges, and Vitalik Buterin’s long-awaited visit to Russia — all in ForkLog’s weekly overview.

As ForkLog reported earlier, last week Kyiv hosted Bitcoin Lightning Meetup featuring the Lightning Network team speaking about what their system may give to the cryptocurrency world.

Bruce Fenton, CEO at Bitcoin Foundation, attempted to shed some sunlight on myths around Bitcoin in an interview with RT. He stated that most problems associated with the system are a consequence of poor knowledge of cryptocurrency in general. Speaking about notorious exodus of Mike Hearn, and addressing his statements of bitcoin’s demise, Fenton said: “I […]

Bitcoin and related issues, positive and not-so-positive news from exchanges and platforms, new investment in the industry, and possible contradiction in the midst of interbank umbrella — all in ForkLog’s traditional weekly overview.

On May 12, Ukraine’s capital of Kyiv hosted Bitcoin Lightning Meetup, where the Lightning Network’s team presented their protocol’s advantages and spoke about its possible impact on bitcoin and global economy. In this article the basic implications will be explained.