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South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking
The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »
2018-7-24 23:00 | |
Bitcoin Futures Average Daily Volume Grows 93 Percent In Q2
CME Group has released data indicating that the Average Daily Volume (ADV) of bitcoin futures contracts grew 93 percent in the second quarter of 2018. In a July 20,2018, tweet on its Twitter account, the derivatives trading giant also revealed that over the same period, the rate of open interest (OI) in bitcoin futures expanded by 58 percent. дальше »
2018-7-23 01:00 | |
Bitcoin “Could replace Gold,” States Cryptocurrency Analyst
After weeks and months of stagnation, bitcoin prices have finally rallied and settled over $7,000. Cryptocurrency enthusiasts are confident that the digital currency will not fall sharply and financial analysts have also opined the same. дальше »
2018-7-22 15:00 | |
Billionaire Hedge Fund Manager Has One Percent of his Net Worth in Bitcoin
Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1. 68 billion, has invested $16. 8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and invested quite a lot of capital in the market. дальше »
2018-7-22 09:39 | |
Surrey Police Seize Bitcoin Worth $1.64 Million
Police authorities accidentally discovered $1. 64 million worth of cryptocurrencies belonging to a local gangster in Surrey. The Surrey Police have become the first authority in the UK to seize and retain bitcoin in an investigation. дальше »
2018-7-22 05:00 | |
Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments
In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »
2018-7-22 03:00 | |
Ethereum Average Transaction Fee Surpassed Bitcoin, But its Inaccurate to Compare
On July 16, 2018, the average transaction fee of ether, the native cryptocurrency of Ethereum, surpassed that of bitcoin. But, it may be premature to conclude that ether is lagging behind bitcoin in scalability. дальше »
2018-7-22 23:02 | |
Cryptocurrencies: Digital Tulips or The Future of Fintech
Steve Bannon, in a conversation with CNBC, recently stated that he not only owns Bitcoin but refers to cryptocurrencies as “the future. ” Meanwhile, hedge fund billionaire Ken Griffin of Citadel Investment Group indicated his reticence to purchase cryptocurrencies. дальше »
2018-7-21 15:00 | |
Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman
While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »
2018-7-21 13:00 | |
Have Institutional Investors Lost the Chance to Make Lambo Money in Crypto?
Bitcoin went on a serious bull run in 2017 and rose over 1,900 percent by the end of the year. Despite that, Wall Street remained largely skeptical on the subject of digital currencies throughout the past year. дальше »
2018-7-21 01:00 | |
Bitmain Looks to Expand their Development Center in Israel; Opens Shop in San Jose, California
Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports. дальше »
2018-7-21 22:00 | |
Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims
In a somewhat surprising twist, Amit Bhardwaj, the man behind the notorious Bitcoin Ponzi scheme, has pledged to pay back his victims in Indian rupees (INR) according to report on July 18, 2018. The Schemer’s Path Towards Prison Bhardwaj caught the attention of police and global media houses in April 2018, when the police arrested him for setting up an. дальше »
2018-7-20 19:00 | |
Smarts Contracts Are Coming to Bitcoin Cash, Here’s all you Need to Know
The Bitcoin Cash team partnered with Bitmain to enable Smart Contract technology over the bitcoin cash blockchain using a Tokenization protocol called Wormhole. Bitcoin Cash’s Smart Contract Push According to Yours. дальше »
2018-7-20 15:00 | |
Barry Silbert’s Grayscale Investments Cryptocurrency Fund Sees Green despite Bitcoin Price Slump
While bitcoin and other cryptocurrencies have experienced a significant drop in price since the beginning of the year, the story is entirely different for Barry Silbert’s Grayscale Fund as the firm has seen quite exponential growth so far, due to massive investor interest in its crypto-linked investment offerings. дальше »
2018-7-19 20:00 | |
Line-Backed Cryptocurrency Exchange BitBox Goes Live
Messaging app Line officially launched its cryptocurrency exchange – BitBox in Singapore. BitBox is a crypto-to-crypto trading platform that currently supports 30 cryptocurrencies including, Bitcoin, Ethereum, Litecoin and Bitcoin Cash. дальше »
2018-7-19 15:00 | |
Senate Candidate Austin Petersen Is Bitcoin’s Best line of Defense in Congress
With Missouri’s GOP primary electoral process less than a month from now, Austin Peterson continues his support for cryptocurrencies and seems to be using it as a political weapon. A Candidate Who Understands Crypto Peterson, who ran for president in 2016 as a Libertarian, has long been a Bitcoin advocate. дальше »
2018-7-19 09:00 | |
Why Did BWC Organizers Cancel Mcafee’s In-Person Speech?
The notorious and controversial cryptocurrency figure John McAfee has once again made headlines. Bitcoin bull McAfee was scheduled to deliver a live speech at Blockchain World Conference (BWC), however owing to “a number of credible death threats against McAfee,” organizers were compelled to cancel the in-person speech. дальше »
2018-7-19 03:00 | |
Canadian Fund Hodls Mostly Cash rather than Bitcoin
Rivemont Investments’ Rivemont Crypto Fund only had nine percent of its assets in bitcoin as of July 13, 2018, with the rest, a whopping 91 percent, in Canadian dollars. For the record, the Rivemont Crypto Fund’s assets amount to C$3 million ($2. дальше »
2018-7-19 01:00 | |
SEC Stops Kodak-Branded “KashMiner” Bitcoin Mining Scheme
The U. S. Security and Exchange Commission (SEC) has put a stop to a Kodak-branded cryptocurrency mining scheme including a Kodak KashMiner device, the company confirmed on July 16, 2018. The KashMiner “Scam” Spotlite USA, the company behind the product, first put the bitcoin mining computer named Kodak KashMiner on display at the Kodak booth at the Consumer Electronics Show (CES). дальше »
2018-7-19 20:00 | |
PoWx’s Optical Proof of Work May Solve two of Bitcoin’s Biggest Problems
With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love. дальше »
2018-7-18 19:00 | |
Bitcoin Payments Processor BitPay Granted BitLicense
After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business. U. S. -based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS) approval in three years. дальше »
2018-7-18 14:00 | |
CBOE Files Application with SEC for Bitcoin ETF License
Chicago Board Options Exchange (CBOE) Global Markets, one of the world’s largest futures exchanges, has filed for a bitcoin ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). дальше »
2018-7-18 07:49 | |
World’s Largest Asset Management Firm $6.3 Trillion Blackrock Set to Join Bitcoin Bandwagon
Slowly but steadily, Bitcoin’s journey to mainstream finance keeps gaining momentum, as more and more critics are beginning to catch the cryptocurrency fever. Next in line, BlackRock, a global asset management company with $6. дальше »
2018-7-18 02:00 | |
Cryptocurrency Remittance App Enables Instant Bitcoin Purchase With Credit Cards
Abra, the widely utilized cryptocurrency-based remittance platform, has integrated a functionality that enables its users to purchase bitcoin instantly with both credit and debit cards. Abra’s Cryptocurrency Push On Abra, similar to traditional remittance networks like Western Union and Moneygram, it is possible for users to send cryptocurrencies such as bitcoin and ether to individuals across the world via Abra. дальше »
2018-7-17 19:00 | |
Crypto Markets Rally as Bitcoin Moves Above $6,600 Mark: Week in Review July 16
After a week of positive developments and rallying crypto prices, the market closed at $6,600 mark. The main bitcoin-negative news this week was the announcement by U. S. Department of Justice that Russian intelligence offers, who allegedly tampered with the 2016 U. дальше »
2018-7-17 17:00 | |
Robinhood Announces Dogecoin Adoption in the Wake of both Bitcoin Cash and Litecoin
On July 17, 2018, Robinhood announced it’s support for Dogecoin (DOGE) on it’s fee-free trading platform. The adoption of Jackson Palmer’s ironic cryptocurrency marks a growing bullish trend on the part of the American cryptocurrency firm. дальше »
2018-7-17 15:00 | |
Indian Bitcoin Extortion Case Continues
Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him and his partner Paladiya, and extorted over Rs 9 crore. дальше »
2018-7-17 10:00 | |
Antonopoulos: Crypto Success Is not Measured by Price, but by Adoption
Prominent Bitcoin and security expert, Andreas Antonopoulos, recently said in a talk presented at the University College Dublin in Ireland, that the success of crypto and blockchain can not be measured by price but must be measured by adoption. дальше »
2018-7-17 07:00 | |
Shitcoin.com Owner Andreas Brekken Controls 49 Percent of Bitcoin Lightning Node Network
Andreas Brekken, the CEO of Shitcoin. com, controls 49 percent of the Bitcoin Lightning Network, according to reports. Speculation and concerns have resulted among users. Lightning Network’s Immense Growth The Bitcoin Lightning Network began its operations six months ago and had since seen stable growth in the number of active nodes and capacity. дальше »
2018-7-17 01:00 | |
VanEck and SolidX File for Physically Traded Bitcoin “Solid” ETF
New York-based investment management firm, VanEck has partnered with SolidX blockchain and Fintech company, as part of a strategic move to launch a Bitcoin-backed ETF. A Tall Ambition? According to an ETF Strategy report,VanEck asset management company in conjunction with SolidX blockchain and Fintech firm have drafted a joint SEC filing for a physically-backed bitcoin ETF that will be insured. дальше »
2018-7-17 23:00 | |
Cryptocurrency’s People-Oriented Nature Beats Traditional Monetary System
At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty. дальше »
2018-7-16 22:30 | |
Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring
On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province. дальше »
2018-7-15 14:30 | |
Cheapair.com Announces BTCPayServer as its Solution to Bitcoin Payment Processing Problem
On July 13, 2018, American travel agency Cheapair. com has announced that it will no longer use a third party to process bitcoin payments from customers, following its much-publicized problems after Coinbase discontinued its support for the platform. дальше »
2018-7-15 12:30 | |
Russian Intelligence Officers Face Criminal Charges after Using Bitcoin to Infiltrate Hillary Clinton’s Election
On July 13, 2018, an 11-count federal indictment was filed against twelve Russian military intelligence officers allegedly infiltrating Hillary Clinton’s presidential campaign in 2016. The accused used cryptocurrencies to finance their operations and avoid the strict financial scrutiny that accompanies fiat operations. дальше »
2018-7-14 21:30 | |
Not Just a Computer Program: Bitcoin and the Blockchain Meant To Be Clever Solutions for the Global Financial Crisis
Journalist, Paul Vigna, discussed the ideals behind Bitcoin and the blockchain, potential applications for the technology, and what the future may hold for cryptocurrency. A Life Changing Conference This week, Barry Ritholtz invited the well-known journalist, Paul Vigna, to be a guest on his popular show, “Masters in Business. дальше »
2018-7-13 04:00 | |
Waning Popularity of Coinbase Indicates Falling Interest in Cryptocurrencies
Data collated from Google Trends and PlayStore indicates the waning popularity of several cryptocurrency services including wallets and exchanges. In this regard, San Francisco-based Coinbase has seemingly taken the biggest hit according to reports on July 10, 2018. дальше »
2018-7-13 02:00 | |
Dr. Doom: Bitcoin Will Be Worth $100 in Ten Years Time
Even with the recent bitcoin price slump, crypto doomsday predictors such as Nouriel Roubini and his colleagues are determined to make sure the entire digital currency markets never moon again. In the latest development, more renowned economists have argued that governments’ harsh regulatory policies on cryptos would make bitcoin and other cryptocurrencies worthless soon. дальше »
2018-7-13 21:00 | |
Bitcoin Mining Made Accessible with BitMOR
According to Argus Leader, a local South Dakota news site, BitMOR is a new cryptocurrency mining company that sells mining equipment and service to locals interested in mining cryptocurrencies. BitMOR is considered one of the first cryptocurrency mining businesses located in South Dakota. дальше »
2018-7-13 18:00 | |
Imperial College: Cryptocurrencies like Bitcoin Can Upend the Nature of Financial Systems
A report by the prestigious university Imperial College London has said that cryptocurrencies like bitcoin and ether have already fulfilled one of three primary criteria of money and the former has the potential to upend the nature of financial systems. дальше »
2018-7-12 12:00 | |
Chinese Yuan’s Usage in Bitcoin Transactions Falls Dramatically After Regulatory Crackdown
A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy. дальше »
2018-7-12 11:00 | |
Bitcoin Is About To Get A New Home, It’s Called Bitcointopia, But We Prefer Bit Vegas
Imagine if Bitcoin got its own Disney World. A magical land built upon imagination and in this instance, blockchain technology. Well, according to BTCManager, we’re about to see a project of this nature spring up within a 3,000 acre plot in Elko County, Nevada, USA. дальше »
2018-7-11 17:30 | |
Moonshot Coins in July 2018: VeChain, Zilliqa, Kucoin Shares, and Wanchain
While Bitcoin and altcoins are currently floating in a sea of red, this has become too common in the past six months. However, corrections are expected as this market always been volatile and more and more countries and industries are beginning to adopt, use, and evolve by using blockchain technology. дальше »
2018-7-12 13:24 | |
The United States of Bitcoin Could Soon be a Reality
A land parcel of 3,000 acres in Elko County, Nevada could soon be called the ‘United States of Bitcoin’. Located between the city of Elko and the city of Wells, Bitcointopia will be the capital city of the proposed region and will use bitcoin as its official currency. дальше »
2018-7-12 06:00 | |
Lightning Network capacity increases by 10 Bitcoins, Maximum Capacity Now at 50 Bitcoin
The Lightning Network has long been touted as a potential solution to the bitcoin scalability debate. It was widely believed that once the network went live, the number of transactions in the mempool would decrease by a significant amount. дальше »
2018-7-12 22:00 | |