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Another Plus for Ripple, Al Ahli Bank of Kuwait (ABK) Join RippleNet
Al Ahli Bank of Kuwait (ABK) is the latest bank to integrate Ripple’s technology and join the ever expanding Ripple Net, The Arabian Business reports. The bank, announced hours ago that it shall in days ahead use Ripple’s solution to improve customer experiences as they transfer their funds in and out of Kuwait. дальше »
2019-2-14 20:31 | |
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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash
For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. дальше »
2019-2-15 20:28 | |
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Kraken Advances U.K. Expansion With the Acquisition of Futures Platform
U. S. -based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities. дальше »
2019-2-5 21:04 | |
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SBI Acknowledges Ripple’s Cross Border Abilities in Latest Financial Reports
Japanese Financial firm SBI’s newest financial report includes a section titled “Business Area Separation of Ripple and R3. ” In this section, the financial giant recognizes the impact Ripple can potentially make in the field of international transactions. дальше »
2019-2-1 19:27 | |
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Chainalysis: Darknet Market Activity Nearly Doubled Throughout 2018
Darknet markets are going as strong as ever, if Chainalysis data is to be believed. In its latest Crypto Crime Report, published earlier this week, blockchain analytics firm Chainalysis reports that darknet market activity has nearly doubled throughout 2018. дальше »
2019-2-1 00:35 | |
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Novogratz’s Galaxy Digital Seeks $250M to Fund Crypto-Collateralized Loans
Reports indicate that Galaxy Digital is looking to raise $250 million to fund loans to cryptocurrency companies. Cryptocurrency Bank Set for Fundraising Round According to Business Insider, the cryptocurrency bank wants to offer cryptocurrency-collateralized US dollar loans to companies operating in the industry. дальше »
2019-1-28 15:00 | |
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Another billion dollar year for BitPay as B2B world opens up
BitPay, the world’s biggest bitcoin payment processor, reports over $1 billion in transactions as the business to business sector shows growth in bitcoin payments – despite the bear market. дальше »
2019-1-27 15:00 | |
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Australian Bitcoin ATM Firm Auscoin Performs a 360 Degree Profit Flip Weekly Making $360,000 Per Despite Crypto’s Winter
At a time when the price of bitcoin and other crypto assets are experiencing a massive crash, Auscoin, an Australian Bitcoin ATM operator has reportedly revealed that the cryptocurrency price slump of last year didn't affect its business, as it generated a weekly turnover of AUD 500,000 ($360, 000 USD), according to reports on January […] дальше »
2019-1-21 17:10 | |
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Bitpay Reports Processing Over $1 Billion Transactions in 2018
Popular cryptocurrency payment processor Bitpay has released figures showing that the company maintained strong performance during 2018, despite the downturn in the market. For example, while other ventures had to downsize recently, Bitpay’s staff increased by 78 percent from the previous year. дальше »
2019-1-17 12:55 | |
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Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. дальше »
2019-1-15 00:45 | |
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South Korean government gives tax break to blockchain trailblazers
The South Korean government is giving the blockchain industry a tax break in a bid to help foster innovation in decentralized technologies. The Ministry of Strategy and Finance has announced that blockchain will be included in its amendments to 2018 tax law, which sees companies receive benefits for innovating with certain technologies, reports The News Asia. дальше »
2019-1-10 17:26 | |
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Romanian Coinflux Crypto Exchange Founder to Be Sent to US for Crime, Fraud and Money Laundering
International law is tricky and so is an international business, in between the gray areas lies pertinent questions about knowledge and responsibility. Something that the founder of the Romanian crypto exchange Coinflux, Nistor Vlad Calin, is learning about. дальше »
2019-1-6 21:05 | |
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RBI Stalls Creation of Indian Cryptocurrency
According to multiple news reports doing the rounds in India, the Indian Central Bank; the Reserve Bank of India, has stalled its plans of releasing its own cryptocurrency. The most recent report claiming the same was on Business Line on 1st of January. дальше »
2019-1-3 12:22 | |
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Reports Say Reserve Bank of India (RBI) is Postponing Plans for a National Cryptocurrency
According to the Indian news outlet the Hindu Business Line, the Reserve Bank of India (RBI) is pausing its plans to create a national cryptocurrency. Back in 2018, the central bank of India announced that it was analyzing the possibility of launching a central bank digital currency (CBDC). At that time, the bank created a […] дальше »
2019-1-2 17:44 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin
According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315. 5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations. дальше »
2018-12-26 17:27 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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‘You Will Be Kicked Out’ – China Officially Bans Security Token Offerings (STO)
The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies. дальше »
2018-12-10 15:00 | |
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Crypto Market Crash forces Bitmain to shutdown its Israeli Development Center
Bitmain, the world’s largest manufacturer of hardware for digital currency mining using ASIC technology has decided to close its development center in Israel, according to reports by Globe, a local business news outlet. дальше »
2018-12-10 13:42 | |
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South Africa: Crypto Exchange Platform VALR Launched in Partnership with Bittrex
Farzam Ehsani, former blockchain lead at Rand Merchant Bank (RMB), has launched his new business initiative named VALR, reports Tech Central, on December 6, 2018. Based in South Africa, VALR is a digital asset trading platform which has been launched in partnership with crypto exchange trading platform Bittrex. дальше »
2018-12-8 14:00 | |
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Australia: Perth Sees its First Blockchain Center
Western Australia’s capital city, Perth saw its first blockchain center open on December 3, 2018, reports the Sydney Morning Herald, December 4, 2018. The blockchain center will allow startups to share resources and ideas with like-minded business personnel and entrepreneurs. дальше »
2018-12-6 18:00 | |
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Bitcoin scammers steal identity of television host in New Zealand
A television host in New Zealand has denounced Bitcoin scammers for impersonating him to fraudulently market a dodgy cryptocurrency business. In a sharp message, breakfast host Daniel Faitaua made it perfectly clear: he has never owned any Bitcoin, and any websites stating otherwise are absolutely false, local media reports. дальше »
2018-12-5 15:30 | |
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Ohio tech funds to pump over $100M into blockchain startups
Ohio is set to make another play in the blockchain and cryptocurrency game as tech accelerator funds look to pump millions of dollars into blockchain startups in the state. One such fund, JumpStart, is looking to invest $100 million into early-stage startups that are developing blockchain-based technologies. дальше »
2018-12-3 17:50 | |
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Report: Cryptocurrency Related Lawsuits Skyrocketed in 2018; Up by 300 Percent
In contrast with the bear market we have watched throughout the year it seems that cryptocurrency-related lawsuits have skyrocketed as far up to 300 percent, reports Dior, November 19, 2018. Crypto Lawsuits Go North While bitcoin continues to go south, the business for digital currency focused lawyers looks to have a bright future ahead. дальше »
2018-11-23 16:00 | |
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Cryptocurrency-related lawsuits are mooning, up 300% from last year
Here’s an extraordinary fact about the 2018 bear market: business for Bitcoin-lawyers is booming. Forty-five lawsuits involving cryptocurrency were filed in the first half of this year, reports blockchain research unit Diar. дальше »
2018-11-20 14:11 | |
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Isle of Man’s Financial Regulator IOMFSA Updates Crypto Business Registration Policy
The Isle of Man’s financial watchdog the Isle of Man Financial Services Authority (IOMFSA) has revised its registration policy with regard to businesses operating in the cryptocurrency industry, reports Mondaq, November 13, 2018. дальше »
2018-11-15 02:00 | |
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Encrybit ICO
- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders. дальше »
2018-11-14 19:41 | |
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8 arrested for running $68M cryptocurrency Ponzi scheme in Japan
Japan has another cryptocurrency scam to recover from as police have arrested a group suspected of running a cryptocurrency pyramid scheme. Today, Tokyo police arrested eight men thought to be connected to a Ponzi scheme that collected over $68 million in cryptocurrency from around 6,000 people, local news the Asahi Shimbun reports. дальше »
2018-11-14 19:02 | |
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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden
Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. дальше »
2018-11-14 13:15 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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Huobi Pool reports strong growth in Q3
CryptoNinjas Huobi Pool, Huobi Group’s mining pool business, recently released its third-quarter earnings report showing an operating profit of USD 825,744. The Q3 results follow a Q2 operating profit... Huobi Pool reports strong growth in Q3 дальше »
2018-11-5 18:13 | |
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Bitcoin ‘terrorists’ threaten Amsterdam coffeeshops with bullets, grenades
Cyberterrorists have demanded hundreds of thousands of dollars worth of Bitcoin from multiple Amsterdam coffeeshops, threatening them with live hand grenades and firearms if they don’t pay up, reports NLTimes. дальше »
2018-11-2 15:16 | |
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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. дальше »
2018-10-31 17:17 | |
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Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter
Coincheck reported a pre-tax loss of 588 million yen (US $5. 3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. дальше »
2018-10-30 03:55 | |
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Cryptocurrency is Illegal in India, Confirms NASSCOM President
The president of the National Association of Software and Services Companies (NASSCOM) Debjani Ghosh has publicly announced to Indian citizens that cryptocurrency is illegal, reports local news outlet The Hindu. дальше »
2018-10-29 02:21 | |
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Crypterium to Allow Its Users to Shop on eBay, Refill PayPal and Bank Accounts With Cryptocurrencies
In recent months, reports have emerged stating that PayPal, the leading online payments provider may be making a move in favor of cryptocurrencies. This has been echoed by PayPal’s previous business companion eBay. дальше »
2018-10-22 21:06 | |
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The 7 deadly sins of email security
Email is one of the most fundamental forms of business communication today. Not many of us can imagine our lives without it. But with one in every 100 emails disguising a hacking attempt, what can we do to better protect ourselves against those nefarious bandits wanting to get to our sensitive data? Considering that more than 205 billion emails are sent daily across the Internet, one would be forgiven for thinking, with apologies to Mark Twain, that reports of its demise are greatly exaggerated. дальше »
2018-10-21 15:30 | |
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Former Trump Aide and Goldman Sachs Exec Gary Cohn Joins Blockchain Startup
Gary Cohn, a former chief economic aide to President Trump and president of Goldman Sachs, will join the blockchain startup Spring Labs as an advisor, Bloomberg reports. More: Gary Cohn is joining blockchain startup Spring Labs as an adviser https://t. дальше »
2018-10-14 01:59 | |
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Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
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Civil ICO’s Eleventh Hour: A Gloomy Outlook Founder Reports
In a Medium article published October 10, 2018, Civil Founder Matthew Iles discusses the current state of the Civil Token Sale in The Civil Token Sale’s Eleventh Hour. ICO Not Performing As Expected The Civil project looks to be the answer that journalism desperately needs in a digital age. дальше »
2018-10-13 03:00 | |
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Coinbase Shuts Down Institutional Index Fund While Retail Activity Down 80 Percent
Cryptocurrency services provider Coinbase shut down its index fund service aimed at institutions this week, after reports suggesting a shift-of-focus to its retail users. Another report indicated the business has lost over 80 percent of its clientele in 2018, which validates its move from institutions towards retail. дальше »
2018-10-13 00:30 | |
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Coinbase Has Just Added ZRX, Its First ERC-20 Token
Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro (formerly GDAX), the exchange’s professional trading platform, on October 11, 2018. дальше »
2018-10-13 23:50 | |
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Crypto Investors Expect Too Much From Cryptocurrencies, Says Apple Co-founder
According to reports on Arabian business, Crypto Enthusiast and Co-founder of Apple, Steve Wozniak, at the Mastercard’s “Connecting Tomorrow” event in Barcelona, stated that the slow growth of the crypto industry could be likened to the early days of the internet. дальше »
2018-10-2 19:33 | |
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