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Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’

Zimbabwe Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital asset issuers getting “regulatory approval.” The report does not provide any details of requirements that cryptocurrency issuers must meet for their respective tokens to get listed. Furthermore, some in Zimbabwe’s small crypto community are still skeptical about the announcement especially since it is not coming from the regulators. Others say the statement attributed to the ZSE executive exposes the limited…

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Crypto-Fueled Market Openbazaar to Close Shop Unless OB1 Raises Community Funding

On September 25, the creators of the decentralized marketplace, Openbazaar, announced that unless the project can gather community funding, the supporting services like seed nodes and the API wallet will shut down. The firm behind the project, OB1 is also removing the Haven app from the iOS App Store and Google Play on October 1. The open-source decentralized marketplace project Openbazaar started from an idea first conceived at the Bitcoin Hackathon in Toronto in April 2014. The first version of Openbazaar was released on April 4, 2016, and news.Bitcoin.com was one of the first to review the platform the following…

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IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract

The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency transactions. The United States tax agency wants to obtain a solution to trace the digital currency monero (XMR), alongside “Layer 2 network protocol transactions” like the Lightning Network. The IRS will distribute $625,000 to “one or more contractors” in two phases; $500k will be distributed after the first proof-of-concept, then another $125k following a full examination and…

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Crypto Community Got Captivated by 2 Anomalous Ethereum Transactions

Vitalik Buterin, Ethereum co-founder, is currently speaking out about the two transactions (totaling at over $5 million) that spellbound the crypto community, clarifying that they could be a part of an elaborate blackmailing scheme. Ethereum Sees Two Unusual Transactions, Costing $5.0M Earlier this week, it was reported that one wallet spent 10,668 ETH as a charge for a generally small 0.55 ETH transaction – worth about $130, which is based on the current Ethereum price. The massive $2.5M fee lighted speculation via web-based networking media concerning what could have caused it. The one thing that speculators broadly settled upon was…

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