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Cryptocurrency Boom Leaves new Investors with Six-Figure Debt
With the total market capitalization of cryptocurrencies reaching beyond $800 billion at the start of 2018, it’s no wonder that thousands of people have thrown almost their entire life savings into bitcoin and other cryptocurrencies. дальше »
2018-8-21 22:00 | |
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Research Attempts to Unravel Claims of Satoshi Nakamoto Owning a Million Bitcoin
On August 20, 2018, Bitcoin Mercantile Exchange (BitMEX) published research on a quintessential question bounced around since Bitcoin’s introduction in 2009: Does Satoshi Nakamoto own a million bitcoins? A Million or not a Million BitMEX based its study on Sergio Demian Lerner’s 2013 analysis, where the developer uncovered mined Bitcoin blocks can be traced back to their miner, proving the. дальше »
2018-8-21 20:00 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Bitcoin Finds Footing at Current Levels Amid a Quiet Newsflow Week: Week in Review August 20
After two consecutive bear market weeks, the price of bitcoin closed the week effectively unchanged around the $6,400 mark. In a volatile seven days, bitcoin (BTC) traded in a range between $6,000 and $6,600 but managed to maintain last week’s price level as the week closed. дальше »
2018-8-21 10:00 | |
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Coinbase Files Patent to Boost Security For Cryptocurrency Wallets
Coinbase has filed a patent concerning a new technology designed to increase the security of cryptocurrency wallets. Coinbase’s patent was filed on August 14, 2018, and has been submitted to the United States Patent and Trademark Office (USPTO). дальше »
2018-8-21 08:00 | |
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U.S. Federal Court Accepts Cryptocurrency for Bail of Hacker
According to an Engadget report on August 19, 2018, a United States Federal Court has ordered Martin Marsich -the hacker who allegedly broke into the internal computer network of a Redwood City video game firm, Electronic Arts (EA) – to pay for his bail with $750,000 worth of bitcoin or other cryptocurrencies. дальше »
2018-8-21 04:00 | |
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Brains behind $2.4 Billion Bitcoin Ponzi Scheme Arrested in Delhi
The man behind the Asian branch of the $2. 4 billion cryptocurrency scam operation Bitconnect has been arrested by police officers on August 18, 2018, from the Gujarat Criminal Investigation Department at Delhi Airport on his return to India. дальше »
2018-8-21 00:00 | |
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Crypto is a Good Store of Value as it Lacks Correlation With Financial Markets
Over the past 72 hours, the crypto market and major digital assets including bitcoin have recorded substantial gains against the U. S. dollar, with tokens rising by more than 50 percent, as financial markets struggled. дальше »
2018-8-20 12:00 | |
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Crypto Mining Apps Continue to List on Google PlayStore Despite July 2018 Ban
In July 2018, Google Play had announced that cryptocurrency mining apps would not be permitted on its browser or any platform supported by the company. However, Google’s Play Store continues to list applications that enable mining of cryptos such as bitcoin and others. дальше »
2018-8-20 22:00 | |
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Bitcoin and Other Cryptocurrency Fraud on the Rise in Britain
According to the Financial Conduct Authority (FCA), a British watchdog, cryptocurrency fraud is on the rise in Britain according to Reuters report on August 17, 2018. The fraudsters lure their victims with promises of instant wealth through their “investment packages. дальше »
2018-8-19 02:00 | |
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Ripple’s CTO Invented a Distributed Computer System in the 80s Before Satoshi’s Bitcoin
David Schwartz, Ripple’s chief technology officer, had conjured a similar concept to Nakamoto’s Bitcoin blockchain 30 years ago, known as a “multilevel distributed computer system,” reported The Next Web on August 17, 2018. дальше »
2018-8-19 22:00 | |
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Exchange Traded Notes Allow Investors with Dollars into the Market
In late August 2018, American investors will be able to purchase a Bitcoin exchange-traded-note which seeks to allow some of the more timid investors an opportunity to own the digital currency. The product is called Bitcoin Tracker One, and it is now listed in U. дальше »
2018-8-18 18:00 | |
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U.S. Research Team Attempts to Solve Bitcoin’s Scalability Crisis
A research team from Northwestern University, in Illinois, U. S. A. , believes they have unraveled one of Bitcoin’s long-standing nemesis: The problem of scalability. As reported by MarketWatch on August 15, 2018, the scholars put out details of their innovative solution. дальше »
2018-8-18 12:00 | |
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Coinbase CEO Warns that Cryptocurrency Mass Adoption is a Long Way Off
In Mid August Brian Armstrong, CEO the world’s largest cryptocurrency exchange, Coinbase warned that mass adoption of cryptocurrencies is going to take much longer than expected. This is a possible harbinger of slowing growth in market capitalization in Bit coin. дальше »
2018-8-17 18:00 | |
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Winklevoss Brothers Continue Being Positive for Mainstream Crypto Adoption
The Winklevoss brothers seem to be unfazed by the recent rejection of their proposed Bitcoin ETF by the US Securities and Exchange Commission (SEC), as they continue to make inroads in the cryptosphere. дальше »
2018-8-16 12:00 | |
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Saudi Arabia Declares Bitcoin Trading Is an Illegal Activity
Saudi Arabia’s financial watchdog, the Standing Committee for awareness on dealing in unauthorized securities has stated categorically on August 12, 2018, that cryptocurrency trading is illegal in the kingdom of Saudi Arabia. дальше »
2018-8-15 14:00 | |
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Bitcoin and Ether Lose Ground and Tim Draper Keeps the Faith
In August 2018, Bitcoin and a large batch of other cryptocurrencies experienced a massive sell-off, and the market is showing few signs of turning around any time soon. This week, Bitcoin dropped as much as 6. дальше »
2018-8-15 08:00 | |
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Mining Giant Bitmain Faces “Exit Scam” Allegations ahead of IPO
Bitmain, the Chinese mining conglomerate, is raising eyebrows ahead of its IPO in August 2018 after critics pointed out the firm is holding vast amounts of Bitcoin Cash (BCH). The company’s founder, Jihan Wu, is a popular proponent of the controversial Bitcoin hard fork. дальше »
2018-8-14 22:00 | |
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Cryptocurrency Funds on the Rise in 2018
According to Cryptofundresearch, cryptocurrency funds have been increasing since cryptocurrencies gained significant popularity in 2017. With Bitcoin’s rising prices and increased general awareness of the cryptocurrency industry, over 100 cryptocurrency funds emerged in 2017 alone. дальше »
2018-8-14 14:00 | |
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Bitcoin Prices Surge in Turkey After Lira Plummets 20 Percent
On August 13, 2018, cryptocurrency trading surged in Turkey due to the recent plummet in the price of the Lira. As the Turkish government looks to restore investor confidence in the Lira, Koinum, the country’s largest crypto-exchange, announced a 63 percent increase in the trading volume of Bitcoin. дальше »
2018-8-13 20:00 | |
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BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon
Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon: BTCManager’s Week in Review August 13 The price of bitcoin dropped by almost ten percent week-on-week, continuing last week’s decline, suggesting that we may not have seen the bottom of this year’s bear market yet. дальше »
2018-8-13 18:00 | |
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Thailand: Police Crush Bitcoin Scam Worth Over $30 Million, Local Celebrities Involved
The Crime Suppression Division (CSD) of the Thai police have clamped down on a group of fraudsters who orchestrated a Bitcoin scam scheme that succeeded in swindling Aarmi Otava Saarimaa, a 22-year old Finnish national, of over 5,000 bitcoins, as first reported by the Bangkok Post on August 13, 2018. дальше »
2018-8-13 16:00 | |
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Incentives: Tokens, Privileges, Rewards, and Penalties in Cryptoeconomics
Cryptoeconomics refers to the use of cryptography in order to create economic systems. This fairly new branch of economics came into existence following Satoshi Nakamoto’s creation of Bitcoin in 2009. дальше »
2018-8-13 07:45 | |
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Bitmain Goes After Canaan With Crypto Mining Wifi Routers
Bitmain Technologies, the world’s largest manufacturer of bitcoin mining rigs has launched a new range of dual function crypto mining equipment for dashcoin and siacoin as it seeks to retain the initiative in an ongoing battle for market share with other makers. дальше »
2018-8-12 06:00 | |
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Bitcoin Firm Paxos to Offer Post-Trade Confirmation Service for Gold Industry
On August 9, 2018, Paxos, the parent company of crypto exchange itBit, announced the launch of the Paxos Confirmation Service, a tool designed to streamline the post-trade confirmation process for the precious metals market. дальше »
2018-8-10 19:30 | |
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Shapeshift Acquires Bitfract to Simplify Cryptocurrency Portfolio Diversification
In an attempt to quicken and simplify the process of buying of cryptocurrencies, Shapeshift AG, the Swiss trading platform, announced its acquisition of Austin-based cryptocurrency converter company, Bitfract on August 7, 2018. дальше »
2018-8-10 18:30 | |
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The SEC Stalls, Bitcoin Drops, but Dan Morehead Stays Optimistic
The Securities and Exchange Commission (SEC) delayed its decision that would allow bitcoin to be considered an exchange-traded fund (ETF) which prompted Dan Morehead of the hedge fund Pantera CEO to state that investors are overreacting to the news of a delay on August 8, 2018. дальше »
2018-8-10 16:30 | |
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To Decentralize or not: What Can Bitcoin Learn from Napster and BitTorrent?
Over the past decade, the term “decentralization” has gone from relative obscurity to immense popularity. New technological endeavors, especially those that claim to have anything to do with blockchain technology, usually advertise decentralization as a critical selling point. дальше »
2018-8-10 12:30 | |
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How Traditional Banks Are Looking to Enter the Crypto Space
On August 8, 2018, JPMorgan’s Jamie Dimon stated that more banks are considering building businesses to work with the digital currency ecosystem, seeing the emerging space of cryptocurrencies as a blind spot for major financial institutions. дальше »
2018-8-10 02:00 | |
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Aussie Companies To Create Two-Way Bitcoin ATMs
Australia-based companies DigitalX Ltd. and Stargroup Ltd. recently partnered to create a two-way ATMs for cryptocurrency enthusiasts to buy and sell Bitcoin direct from ATMs. While the agreement covers the entire international network of Stargroup ATMs, both companies are keen to begin the two-way ATM rollout in Australia. дальше »
2018-8-10 20:00 | |
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Arizona State University Join Forces with Dash to Publish Blockchain Scalability Research
While cryptocurrency enthusiasts strongly believe that digital currencies are one of the best creations of man since the beginning of time, critics of the burgeoning sector have not ceased condemning bitcoin and the altcoins for their serious scalability issues. дальше »
2018-8-9 14:00 | |
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Iranian Hackers Develop Ransomware to Secure Bitcoin Amidst Looming U.S. Sanctions
Iranian hackers are currently responsible for a series of ransomware attacks. These attacks tend to render a computer system unusable until a certain number of bitcoins are paid, As reported by the Wall Street Journal on August 7, 2018. дальше »
2018-8-9 11:26 | |
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US SEC Delays Decision Concerning Bitcoin ETF Until September 30
The US Securities Exchange Commission (SEC) released an official document on August 7, 2018, which outlined their decision to defer the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30. дальше »
2018-8-9 06:00 | |
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“Rich Dad Poor Dad” Author Likes Bitcoin, Predicts Fiat Crisis
According to News. com. au, Robert Kiyosaki, the author of the famous best-seller ‘Rich Dad, Poor Dad,’ is warning the public that the next economic crash to come will be catastrophic and damaging to the economy. дальше »
2018-8-8 08:00 | |
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Washington D.C and Members of Congress Are Becoming more Accepting of the Cryptocurrency Industry
Cryptocurrency tokens like Bitcoin, Bitcoin Cash, and Ethereum are currently gaining greater acceptance in Washington D. C. as Bob Goodlatte, the chair of the House Judiciary Committee, currently holds between $17,000 and $80,000 in cryptocurrencies. дальше »
2018-8-8 06:00 | |
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UBS: Bitcoin is far from Replacing the Dollar
Swiss investment bank, UBS, has recently stated that Bitcoin cannot be considered money or a viable asset yet. Furthermore, it is believed that in order for Bitcoin to replace the US currency for global dominance, it will have to reach around $213,000. дальше »
2018-8-8 04:00 | |
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UBS: Bitcoin Is far from Replacing the Dollar
Swiss investment bank, UBS, has recently stated that Bitcoin cannot be considered money or a viable asset yet. Furthermore, it is believed that in order for Bitcoin to replace the US currency for global dominance, it will have to reach around $213,000. дальше »
2018-8-8 04:00 | |
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Bitcoin Donations Surge for Neo-Nazi Groups ahead of Unite the Right
Last year an alt-right group aligning with neo-nazi ideologies gathered in Emancipation Park in Charlottesville, Virginia. The conflict between the protesters and counter-protesters resulted in the death of Heather Heyer as well as igniting a long-simmering fight between right and left in the United States. дальше »
2018-8-7 20:00 | |
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Bitcoin Drops Down Below $7,000 despite Crypto-Positive Headlines: Week in Review August 6, 2018
Despite bitcoin-positive news coming from Wall Street, the price of bitcoin dropped by fifteen percent week-on-week, to close around the $7,000 mark on Sunday. Asset management giant Northern Trust announced that it would move into the cryptoasset custody business to provide custodial services to digital asset investors. дальше »
2018-8-7 18:00 | |
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Bitcoin Cash Gives Away Free Crypto on “Bitcoin Independence Day:” Raises Questions
Bitcoin Cash turned one on August 1, 2018, and to celebrate the occasion BTC. com tweeted that the crypto token is handing out free bitcoin cash to participants who successfully scan the QR code on flyers put up in more than 15 cities around the world. дальше »
2018-8-7 10:00 | |
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There’s More to Cryptoassets than just Cryptocurrency
Since the creation and release of Bitcoin by Satoshi Nakamoto nearly a decade ago, quite many blockchain developers have been inspired by the success of the pioneer cryptoasset and have gone ahead to create several cryptoassets that fall under categories such as utility cryptoassets, security cryptoassets, and others we shall shed more light on shortly. дальше »
2018-8-6 14:00 | |
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Samourai Bitcoin Wallet Releases Update: Continues to Offer the best Experience on Android
Interest in cryptocurrencies and digital tokens has scaled new heights this year. Larger number of users completing payment transfers using digital currencies translates into a higher demand for cryptocurrency related services such as wallets and digital exchanges. дальше »
2018-8-6 11:00 | |
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The Anatomy of a Successful BItcoin Ransomware Attack and How to Prevent Becoming a Victim
In early 2016, reports of a particularly crippling ransomware attack began to surface. While many of the victims were based in the U. S. , the attacks were also witnessed in other parts of the world. дальше »
2018-8-6 03:00 | |
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What Do Keynesian Economists Have to Say about Bitcoin?
While there are many schools of thought within the economic field of study, arguably none has had a more significant effect on the modern financial system than the Keynesian school. The Keynesian school of thought is based on, and derives its name from, the economic principles outlined by John Maynard Keynes. дальше »
2018-8-5 23:00 | |
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Here’s Why Cryptocurrencies Will Never Replace Traditional Equities
There is no doubt that cryptocurrencies have given astronomical returns to early investors. People that invested in bitcoin in its early years, around 2011 or 2012, and are now sitting on a profit higher than 3000 prevent. дальше »
2018-8-4 21:00 | |
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ICE Announces Bitcoin Venture with Starbucks and Microsoft
Intercontinental Exchange, one of the world’s largest exchanges has teamed up with Starbucks to integrate bitcoin into global commerce. ICE has created a new company “Bakkt” to pursue this new initiative according to an announcement on August 3, 2018. дальше »
2018-8-4 20:00 | |
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Bitcoin and Ethereum To be Accepted In Cannabis Company’s IPO
Far from its introductory issue of just 10,000 copies, High Times, “the original voice in cannabis” is expanding, and it’s inviting cryptocurrency along for the ride. The New York-based company is offering shares of its stock for just $11 per share, with a minimum investment of $99, as stated on their website as of August 2, 2018. дальше »
2018-8-4 16:00 | |
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Indian Bank Set to Adopt Ripple for Cross-Border Payments
While India remains a no-go area for bitcoin and other cryptocurrencies, Ripple Labs, the developer of XRP, is busy making inroads into the Asian nation, as per a report on August 2, 2018. Ripples Everywhere According to an FXStreet, the State Bank of India (SBI), the country’s institutional banking authority, is set to start facilitating instantaneous cross-border payment solutions with Ripple. дальше »
2018-8-4 14:00 | |
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