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News

Latest News on Cryptocurrency, Bitcoin, Blockchain, Events, Startups and decentralized market

Exchange Former CEO of OKEx Chris Lee Joins Huobi Group as Vice President

Former CEO of OKEx Chris Lee Joins Huobi Group as Vice President

Huobi is a cryptocurrency exchange which is planning to launch a new market index for its customers. The former OKEx CEO Chris Lee has joined cryptocurrency exchange Huobi as a Vice president of global development. On Monday, Huobi announced that Lee can help to prompt the Singapore-based firm’s international strategy and to expand into more markets. …

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Exchange Reserve Bank of Zimbabwe (RBZ) Hits by Crypto Exchange Golix Lawsuit

Reserve Bank of Zimbabwe (RBZ) Hits by Crypto Exchange Golix Lawsuit

The Reserve Bank of Zimbabwe (RBZ) issued guidelines for a circular which enshrines the details of cryptocurrency activities. The RBZ asserts that domestic digital currency operations have sixty days to move forward with its idea of currency. The cryptocurrency exchange Golix in a plan to drag RBZ for court as RBZ have banned cryptocurrency in Zimbabwe. Golix …

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Blockchain Walmart, a Multinational Retail Company Filed Patent for a Blockchain-Based Marketplace

Walmart, a Multinational Retail Company Filed Patent for a Blockchain-Based Marketplace

Walmart filed patent for a blockchain-based marketplace. Bestowing to US Patent and Trademark Office USPTO patent filing, it is trading with purchased products. The firm is in a plan to extend its digital services for retail shoppers. Walmart Food Company Walmart is an American multinational retail corporation. It operates a chain of supermarkets, discounts department …

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Banking/Finance Argentinian Bank to Use Bitcoin for Cross Border Payments

Argentinian Bank to Use Bitcoin for Cross Border Payments

The Bank in Argentina is the first bank in the world to allow customers to use bitcoin for cross border payments. It has also revealed its partnership with Bitex, a blockchain-based financial services based in Latin America.   According to the Facebook post, the Bitex, the Latin America exchange startup initiated in 2014 joined with …

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News CFTC Gives Specific Guidance for Exchange and Clearinghouse to List Crypto Derivatives

CFTC Gives Specific Guidance for Exchange and Clearinghouse to List Crypto Derivatives

CFTC, the US top ranking derivative regulator has released a guidance on exchanges and clearinghouses to list their virtual currencies. According to the advisory statement published on May 21, 2018, aiming at providing clarity for exchange and clearing houses. According to the CFTC press release issued on Monday, May 21st, 2018, US Commodity Futures Trading …

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Exchange Mitsubishi UFJ is planning to begin its own cryptocurrency named MUFG Coin

Mitsubishi UFJ is planning to begin its own cryptocurrency named MUFG Coin

Japan’s largest bank MUFG is the world’s first major financial institution to deploy its cryptocurrency. Bank of Tokyo- Mitsubishi UFJ is planning to began its cryptocurrency in the year 2019 for the development of nation. The news was published by the Japenese publication and confirms towards a exhaustive process which involves a total of 100,000 …

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Exchange LMAX Exchange Group Planning to Release First Physical Cryptocurrency Exchange

LMAX Exchange Group Planning to Release First Physical Cryptocurrency Exchange

LMAX Exchange Group manages a leading FCA regulated trading venue and became one of the leading liquidity providers to FX brokers worldwide. They announced to launch the first physical cryptocurrency exchange. It is serving institutional clients from a long time. LMAX’s strategy LMAX is approaching a different strategy to focus on the liquid established cryptocurrencies. …

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News Ontario Securities Warns Five Unlicensed Crypto Companies of Russia

Ontario Securities Warns Five Unlicensed Crypto Companies of Russia

The Ontario Securities have circulated a warning against five unlicensed crypto companies. The firm involved in schemes are boosting investors to trade or invest in cryptocurrencies. The regulator begun gathering information about the platform which receive complaints on it. Ontario Securities Commission Ontario Securities claims as follows “Bctcreal, Bitserial, Hypercube Ventures LP, Cabincoin OU and …

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News TSSB Joins Us-Canada Task Force to Investigate Fraudulent Crypto Investments

TSSB Joins Us-Canada Task Force to Investigate Fraudulent Crypto Investments

Texas State Securities Board, (TSSB) has joined more than 40 US state and Canadian regulators to investigate fraudulent crypto investment products. The enforcement action: Operation Cryptosweep On May 1st, the NASAA (North American Securities Administrators Association) have launched the ‘Operation Cryptosweep’, the enforcement action. However, it includes entire US states and securities agencies in Canada …

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Bitcoin Cash Discussion on Funding Development of BCH Miners Block Reward

Discussion on Funding Development of BCH Miners Block Reward

After the Coingreek Conference in Hong Kong, the BCH miners group came together to discuss about the new proposal on 19 May. Thus, discuss was on funding development of BCH and professional programmers who work on the mainstream. Discussion was between Mining Pools, BCH Industry Executives and Developers After the Coingreek Conference at Calvin Ayre’s …

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Exchange Bitfinex World’s Largest Cryptocurrency Requests Customers to Submit Tax Ids

Bitfinex World’s Largest Cryptocurrency Requests Customers to Submit Tax Ids

The world’s largest cryptocurrency and Bitcoin exchange Bitfinex asked its users to submit tax IDs and social security numbers. The identities are used by government agencies of the country and ensure safety to its customers. Basically, Bitfinex is a popular cryptocurrency exchange which is registered in the British Virgin Islands. This place is called as …

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Bitcoin Jack MaBullies Blockchain Technology and Says Bitcoin Is a Bubble

Jack MaBullies Blockchain Technology and Says Bitcoin Is a Bubble

The founder of Alibaba, Jack Ma asserts that he is bullish about the blockchain technology says Bitcoin is a bubble. Ma is a Government Chairman and founder of Chinese giant tech Alibaba. The firm is operating blockchain for a quite a few years and Alibaba began investing in the blockchain at the peak moment of …

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News Justice Minister of Russia Says Cryptocurrency Is a Property

Justice Minister of Russia Says Cryptocurrency Is a Property

In a recent debate on live status about digital currencies, Justice Minister of Russia support cryptocurrency that is still not regulated in the country. He says, Cryptocurrency is a property. Alexander Konovalov, Russian Minister of Justice said that Cryptocurrencies are under legal category of other property. Since, there is still a pending in State Duma’s …

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News Genesis Mining Trolled Warren Buffet’s Comments Through Billboards on Highways

Genesis Mining Trolled Warren Buffet’s Comments Through Billboards on Highways

Genesis Mining Bitcoin Advocacy Campaign has posted Billboards outside of Warren Buffett’s office. A cryptocurrency mining firm claims to troll billionaire investor Warren Buffett with these billboards near its office in Omaha. Bankers Against Bitcoin The company arranged an organization “Bankers Against Bitcoin”. It demonstrates in Consensus Blockchain Conference held at 2018 in New York.  The …

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Banking/Finance Norges Bank, Norway’s Central Bank might develop its own Cryptocurrency

Norges Bank, Norway’s Central Bank might develop its own Cryptocurrency

The Norges Bank, Norway’s Central Bank and financial institution is stepping towards developing its own cryptocurrency in future. On 18th may, the work paper reported that its cryptocurrency ensures a confident and secured monetary system. According to the Norges Bank’s work paper, the central bank of Norway might develop its own cryptocurrency called by CBDC …

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Exchange Coincheck, Japanese Crypto Exchange Planning to Provide Services in America

Coincheck, Japanese Crypto Exchange Planning to Provide Services in America

The Japanese Crypto trading platform CoinCheck found new owners that hacked this year. It is planning to provide services on the US Market. The exchange is accepting to comeback after losing an unprecedented $500 million of cryptocoins to the hackers. Bestowing to Monex’s Chief executive, he asserts that Online brokerage got troubled in the firm. …

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Bitcoin Colorado to Allow Crypto Donations for Political Candidates

Colorado to Allow Crypto Donations for Political Candidates

The Federal Election Commission (FEC) and western US state of Colorado has planned rules to allow political candidates to accept crypto donations. So as to raise cryptocurrencies funds for contributing in Bitcoin campaigns. The state of Colorado is well known for examining new laws and strategies like allowing effective cannabis all over the state. Recently, …

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News World’s First Floating Island with Government Plans Off-Shore Housing

World’s First Floating Island with Government Plans Off-Shore Housing

The Floating Island Project plans to devise off-shore housing which utilizes its own currency. It is operated outside the government regulations. The Project is a main program that partners with Government of French Polynesia. A long-term vision for the project has hundreds of new countries which float on the ocean.  Mezza-Garcia Mezza is a investigator …

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Bitcoin Fred Wilson Responses to Warren Buffet’s Comment on Bitcoin

Fred Wilson Responses to Warren Buffet’s Comment on Bitcoin

On Wednesday, Fred Wilson, legendary venture capitalist has expressed an open response to Warren Buffet’s claim. Buffet stated that Bitcoin is similar to rat poison squared. As price of digital currencies are amassing to the token, it is operating on the system to flow cash from the various networks. Wilson asserted his talk at a …

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News Switzerland to launch state-backed cryptocurrency ‘e-franc’

Switzerland to launch state-backed cryptocurrency ‘e-franc’

The Federal Council of Switzerland government has requested legislators commission a study on the benefits and risks of its new state-backed cryptocurrency: ‘e-franc’. According to reports by Reuters, the Federal Council of Government in Switzerland has moved a step ahead requesting the study on risks and benefits involved in e-franc, state backed cryptocurrency. The council …

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News South Korean Regulators to Legalize Cryptocurrencies and ICOs

South Korean Regulators to Legalize Cryptocurrencies and ICOs

The South Korean regulators and officials plans to endorse its approach towards cryptocurrencies policies. Basically, it is coming up with new rules to regulate cryptocurrency in every aspect of business. These guiding regulations of cryptocurrencies are termed as “financial assets”. Korea’s top financial regulators A contingent agreement is a burden for Korea’s top financial regulators …

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Blockchain IBM to Use Stellar for Its First Crypto-Token on a Public Blockchain

IBM to Use Stellar for Its First Crypto-Token on a Public Blockchain

IBM will issue Verde tokens on the Stellar blockchain. The company is creating a marketplace to facilitate buying and selling of tokenized carbon credits on the public permission Stellar blockchain.   International Business Machines Corporation is issuing a token on its public blockchain Stellar, and that will be the Verde tokens. The tokens, which were developed …

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Bitcoin Jack Dorsey Confirms Bullish Nature of Crypto as Global Payment

Jack Dorsey Confirms Bullish Nature of Crypto as Global Payment

Jack Dorsey is optimistic that cryptocurrency could become a legal medium of exchange for the Internet, both coming out of digital optimism. He said the difficulty of using Bitcoin will wane down as more people start using it.     Jack Dorsey, the CEO of Twitter and Square Inc., says cryptocurrencies will have more role in …

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News Rules and Regulations of Cryptocurrenices Are Oppressing Its Trade

Rules and Regulations of Cryptocurrenices Are Oppressing Its Trade

Fed is intending the potentiality for regulators that can necessarily corrode one of the most popular requirements of cryptocurrency. Amidst, panel discussion government officials of United States have expressed their concern for the regulations which affects the progress of Bitcoin and other cryptocurrencies. Few rules and regulations with respect to Bitcoin are perceived and exploited. …

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Exchange Worldcore’s Crypto Exchange Is Completely Ready to Release in the Market

Worldcore’s Crypto Exchange Is Completely Ready to Release in the Market

Worldcore, European digital payment has revealed that the development is been completed for the trading cryptocurrency. The platform is ready to release live and perform all basic functionalities like registration, orders, execution, deposit and withdrawal of various cryptocurrencies. Worldcore’s journey Currently, Worldcore is anticipating for accurate terms and conditions for the exchange from its legal …

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News Crypto Patent for Amazon’s Real Time Crypto Transaction Got Approved

Crypto Patent for Amazon’s Real Time Crypto Transaction Got Approved

Amazon’s real-time crypto transaction data patent is approved and has a unique marketplace for people and organizations to provide streaming data feeds. The Crypto patent is recommended for a marketplace where individuals and organization can provide streaming data feeds for sale. “In the filing incident, Amazon says that some possible usages for streaming data marketplace …

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Bitcoin Dutch High School Students Are Trained with Cryptocurrency Calculations

Dutch High School Students Are Trained with Cryptocurrency Calculations

Cryptocurrency calculations’ training is given to Dutch High School Students. The High School students are canning Satoshis and Bitcents to a benchmark. The digital currencies have many adherents but have changed for Dutch high school students. Bitcoin’s Description In the year 2018, the VWO examination, an admission test which high school students requires to take …

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Blockchain Blockchain Adoptions Are Still with Its Own Challenges

Blockchain Adoptions Are Still with Its Own Challenges

A research by Gartner indicated that 293 CIOs of different companies are in the short-term planning of implementing the technology. Many of these are experiencing difficult challenges including the need to overhaul current systems, lack of blockchain skills, regulation, and the fact that new skills are needed. Gartner, which is a research and advisory firm …

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Mining Two Chinese Bitcoin Mining Rig Manufacturers to Launch World’s Largest Bitcoin IPOs

Two Chinese Bitcoin Mining Rig Manufacturers to Launch World’s Largest Bitcoin IPOs

Canaan Creative and Zhejiang Ebang Communication are seeking $1 billion each for an undertaking that will see them launch the largest IPOs in the world. The valuation of Canaan IPO is not yet set due to lack of companies to compare with and the fluctuating crypto prices.      Canaan Creative and Zhejiang Ebang Communication are set …

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Exchange Coinbase Wants to Bring on More Institutional Investors

Coinbase Wants to Bring on More Institutional Investors

Coinbase announced a new line of products this Tuesday to accelerate efforts to attract institutional investors. It said that it hopes the new line of product will unlock $10 billion of institutional investor money sitting on the sideline.    Coinbase, a U.S. based cryptocurrency exchange, is hoping that more institutional investors will port on, after …

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Exchange San Francisco Based Crypto Exchange Kraken May Register with SEC

San Francisco Based Crypto Exchange Kraken May Register with SEC

The digital currency exchange Kraken has refused to adhere for the investigation from New York’s top lawyer. It implies to be warnings from the regulators. Kraken is a San Francisco based crypto exchange founded in the year 2011. The Chief Executive Office Jesse Powell says that Kraken is registered with U.S Securities and Exchange Commission …

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Exchange This New App Can Show Bitcoin Transactions Without Internet

This New App Can Show Bitcoin Transactions Without Internet

Now you can deal with your bitcoin transactions offline. Yes! You got it right. Samourai Bitcoin wallet and goTenna, decentralized communications startup is launching an app which is active without internet connection. The goTenna, NewYork based startup was found in 2012 by Jorge Perdomo and Daniela. The startup is pairing up with Samourai Wallet to …

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Blockchain Wyoming, Us Island Intents to Became a Capital of America’s Cryptocurrency

Wyoming, Us Island Intents to Became a Capital of America’s Cryptocurrency

In the Month of March, the Republican Governor Matt Mead authorizes a statute which makes limited obligation corporation law affable to Blockchain firms. Wyoming is 1,000 miles from Silicon Valley and is distance from Wealthy East Coast investors.  The Bronco state is hindering its caravan to the adventure of digital currencies. It bids to revive …

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News Thailand Is Planning to Form New Cryptocurrencies Rules: Sec Says

Thailand Is Planning to Form New Cryptocurrencies Rules: Sec Says

The Government of Thailand has notarized a new digital currency law. It is necessary for investors to pay 15% capital gains tax on their income. As per daily news journal which says Bangkok Post “shared profits or any merits borrowed from the holding of digital token or gaining the transfer of cryptocurrency or digital tokens” …

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Exchange Dubai- Based Crypto Exchange BitOasis Bans Trading of UAE Dirham

Dubai- Based Crypto Exchange BitOasis Bans Trading of UAE Dirham

BitOasis, a Dubai-based exchange has banned UAE Dirham/BTC trading. The exchange will no longer process deposits or withdraw in Dirhams from May 15. A notice was sent to BitOasis users which claims that from Tuesday, dirham couldn’t be withdrawn from the exchange. It leaves users to move with balance or top it up with more …

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Exchange Nasdaq Infrastructure Powered New Cryptocurrency Exchange

Nasdaq Infrastructure Powered New Cryptocurrency Exchange

The new exchange will operate on a model similar to Robinhood where customers can pay monthly fee or subscription fees to access trading tools. There will no commission fees on transactions. Using NASDAQ will help assure customers of safety, trust and security they are looking for.    A new cryptocurrency exchange called DX Exchange will …

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News Moldova to Present Its First Cryptocurrency Exchange and Token

Moldova to Present Its First Cryptocurrency Exchange and Token

Moldova is young in cryptocurrency and has a few locally made crypto projects including Zozo coin and Drachmae’s own DTMI token. The new crypto exchanges will offer trading pairs with eight fiat currencies.   Moldova, a former Soviet republic, now has a new cryptocurrency exchange and token made locally after the local crypto community made …

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Blockchain Former President of UBS China Karen Chen Became CEO at Higgs Crypto Firm

Former President of UBS China Karen Chen Became CEO at Higgs Crypto Firm

The former president of UBS China Ltd., Karen Chen has joined the cryptocurrency firm named Higgs Blockchain Technology PTE, LTD as Chief Executive Officer. According to the statement, Karen Chen, whose Chinese name is Chen Qing, in December moved to Higgs Block Technology. The Blockchain company founded in August and located at Singapore. However, among …

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Exchange BitGo announced a new collection of vigilant services for crypto assets

BitGo announced a new collection of vigilant services for crypto assets

On Sunday, BitGo a Palo Alto based startup firm has announced a new collection of vigilant services. It is aiming at institutional investors to keep an eye on the fluctuating prices of market. The Big Wall Street firms come with new options for depositing bitcoin. BitGo’s services The product released is structured on BitGo’s step …

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Blockchain NewYork Organizes Blockchain Week to Outset Blockchain Firms in the City

NewYork Organizes Blockchain Week to Outset Blockchain Firms in the City

The world’s famous cryptocurrency is lowering its price more than 50 percent from its high record. This hasn’t discouraged people from investing in cryptocurrencies. Many lawyers and financial experts are moving down in a conference was at New York as Blockchain Week. Conference on Blockchain Blockchain Week project is titled after decentralized computer ledger technology …

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Blockchain 51 Percent Attack in Silicon Valley Movie Is Real but Doesn’t Work like That

51 Percent Attack in Silicon Valley Movie Is Real but Doesn’t Work like That

The 51 percent attack is featured in the finale episode of the Silicon Valley Hollywood movie. While it features a real threat where miners can attack the network by hijacking a more than 50 percent of the network, it is exaggerated.    The “Fifty-One Percent” is the name of the Silicon Valley movie season finale …

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Banking/Finance HSBC Deals with World’s First Trade Finance Transaction Using Blockchain Tech

HSBC Deals with World’s First Trade Finance Transaction Using Blockchain Tech

On Monday, May 14, 2018, the HSBC Holdings Plc has performed world’s first trade finance transaction using Blockchain Technology. It said that the indication of technology is feasible for trading finance. Along with ING Bank NV, HSBC have successfully completed the transaction for food and agricultural group Cargill. However, it was based on Blockchain technology …

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Exchange South Korea, Thailand, Vietnam and Philippines to Launch New Crypto Exchanges

South Korea, Thailand, Vietnam and Philippines to Launch New Crypto Exchanges

South Korea, Thailand, Vietnam and the Philippines will see launching of more cryptocurrency exchanges which is an indication that cryptocurrency markets continue to expand. The four exchanges are offering discounts on transaction fees in the first month of trading.   Four new cryptocurrencies have launched in South Korea, Thailand, Vietnam and the Philippines even as …

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Exchange Pakistanis Find Alternative Ways to Trade Bitcoin Citing Ban on Crypto

Pakistanis Find Alternative Ways to Trade Bitcoin Citing Ban on Crypto

Pakistanis are using alternatives to trade cryptocurrencies even after the State Bank of Pakistan banned banks and financial institutions from dealing in cryptocurrencies. The trade volumes are also returning to normal.    Pakistanis are finding new ways of trading cryptocurrencies even after the State Bank banned commercial banks and financial firms from dealing in cryptocurrencies. …

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Blockchain Commonwealth Bank CFO Rob Jesudason Quits to Join EOS Crypto

Commonwealth Bank CFO Rob Jesudason Quits to Join EOS Crypto

The former Commonwealth Bank CFO Rob Jesudason is joining Block One as chief operating officer and will assume role after his notice period.    Commonwealth Bank CFO Rob Jesudason is now group president and chief operating officer of Block.one that sells EOS token and published the blockchain software called EOSIO. Block.one released the announcement an …

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Ban Reserve Bank of Zimbabwe bans crypto trading

Reserve Bank of Zimbabwe bans crypto trading

Reserve Bank of Zimbabwe (RBZ) said it has not licensed any person or company to deal, trade, buy, sell or invest in cryptocurrencies. Hence those trading would do so at their own risks. Financial institutions are required to stop crypto trading and transactions following an order by the Reserve Bank of Zimbabwe (RBZ). RBZ registrar of …

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Blockchain IBM Blockchain and Global Citizen announces Blockchain Contest for Humanitarian Aid

IBM Blockchain and Global Citizen announces Blockchain Contest for Humanitarian Aid

IBM is partnering with Global Citizens to have coders help rethink the way donor funds are tracked and accounted for. Participants in the contest will win VIP tickets to Global Citizen festival and meet with IBM and industry leaders on how the solution can be actualized.    The contest duped Challenge Accepted, takes place between …

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ICO SEC Commissioner Pierce says Regulators should evaluate ICO facts before classifying as securities

SEC Commissioner Pierce says Regulators should evaluate ICO facts before classifying as securities

SEC Commissioner Hester M. Pierce says regulators are open to the innovation in a sandbox that needs to not necessarily be government-sponsored. She notes there is a need for open communication and developing understanding in order to come up with regulation that tackles issues that are beyond compliance. Open Approach to Regulate ICO and Cryptocurrency …

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Banking/Finance Germany Bank Bitbond to Provide Loans in Bitcoin and Other Cryptocurrency

Germany Bank Bitbond to Provide Loans in Bitcoin and Other Cryptocurrency

Radoslav Albrecht of German established an online bank, Bitbond. It provides clients to transfer loans to any part of world utilizing Bitcoin. Bitbond utilizes digital currency like Bitcoin to circumvent the international transfer system. It lends finance all over the world and the service is fast at an affordable price. Bitbond Bank’s services Albrecht’s services are …

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Bitcoin $55 Millions Worth Pineapple Fund Make Its Final Donation

$55 Millions Worth Pineapple Fund Make Its Final Donation

The unknown benefactor began a website and started receiving an application from various non-profit organizations. The aim was to contribute 5057 BTC. At present, the philanthropist announced to gather a total of 5104 BTC  from 60 different charities. Pineapple foundation Last December, a Redditor choose to give the majority of their Bitcoin to several charities …

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News Chinese Government to Publish Monthly Report on Cryptocurrencies and Blockchain Projects

Chinese Government to Publish Monthly Report on Cryptocurrencies and Blockchain Projects

The Chinese Government disclosed to promulgate a monthly “independent analysis” of cryptocurrencies and Blockchain projects at a Beijing Conference held on May 11. The conference is organized to deliberate the global blockchain technology innovation activity. It mainly focuses to expand Blockchain technology. Challenges faced by blockchain technology Prof Chen Zhong says the present blockchain technology …

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News Tipping Point Gala Raises $14 Million to Break Poverty in San Francisco Bay

Tipping Point Gala Raises $14 Million to Break Poverty in San Francisco Bay

The donation gala not only attracted cryptocurrency donations but also leaders of Coinbase, Ripple and Pantera Capital. News.Bitcoin.com is also accepting Bitcoin Cash donations to help children and citizens in Venezuela.      Tipping Point has raised over $14 million in donations including cryptocurrency donations, to help break the poverty cycle in the San Francisco Bay Area. …

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Bitcoin Robinhood Crypto Raises $363 Million; To Rival Coinbase

Robinhood Crypto Raises $363 Million; To Rival Coinbase

Robinhood’s strategy is likely to make them more popular. The company does not charge commissions on Bitcoin trades although it currently supports only Bitcoin and Ethereum. It plans to add more coins soon. Robinhood is now valued at $5.6 billion after a successful funding round D that saw it raise $363 million. At that valuation, …

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Bitcoin Cash Bitcoin(dot)Com to Sponsor One Championship Female Mixed Martial Artist Mei Yamaguchi

Bitcoin(dot)Com to Sponsor One Championship Female Mixed Martial Artist Mei Yamaguchi

Bitcoin.com is sponsoring Mei Yamaguchi who meets Atomweight World Champion Angela Lee in a fight on May 18. Yamaguchi, who has participated in 27 professional fights also met Lee in a fight last year.   Unstoppable Dreams is the name of the next One female MMA Championship match pitting Atomweight World Champion Angela Lee against …

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Ethereum CryptoFacilities is launching the first ever Ethereum futures

CryptoFacilities is launching the first ever Ethereum futures

CryptoFacilities says digital assets are coming of age, with Bitcoin going through the process in the last one year, and Ethereum will follow this year. Chicago-based Akuna Capital will provide liquidity for the Ethereum futures   UK-based CryptoFacilities, the company behind bitcoin futures launched in 2015 and XRP futures in 2016, is launching Ethereum futures. …

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Exchange Korean Authorities Raids Upbit Cryptocurrency Exchange

Korean Authorities Raids Upbit Cryptocurrency Exchange

World’s largest cryptocurrency exchange Upbit, is raided by South Korean prosecutors. Bestowing to a prosecutor from the Seoul Southern District Prosecutors’ office, on Thursday and Friday the government has searched the exchange’s office. According to Korea Economic Daily, Upbit is under investigation by prosecutors. Upbit exchange, the largest exchange and fourth-positioned crypto exchange of Korea and world is …

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Blockchain Telegram Unveils New Telegram Passport System Based on Blockchain Tech

Telegram Unveils New Telegram Passport System Based on Blockchain Tech

Telegram, the popular messaging platform is reportedly testing user verification service on its future blockchain based TON. The service is named as Telegram Passport which is used to store users’ IDs, bank statements and utility bills on TON. According to Russian media reports, a close test of a new services has been conducted by developers …

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Bitcoin Huawei Technologies Co’s to Provide Easy Access of Bitcoin for Chinese Users

Huawei Technologies Co’s to Provide Easy Access of Bitcoin for Chinese Users

The customers of Huawei Technologies Co’s cellphones are at a point to feature Bitcoin wallets on their products. The plan shall be executed on Friday for the first time. BTC.com wallet is the first cryptocurrency app. Shenzhen-based Huawei is offering BTC.com Huawei’s plan As Huawei is the biggest cellular phone seller, it is going to …

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News Crypto Hedge Funds Gained More Than 80 Percent in April

Crypto Hedge Funds Gained More Than 80 Percent in April

Hedge funds had a good month in April, probably riding on increasing altcoin value. The two Bitcoin futures contracts also had a good month in April. Meanwhile, Winklevoss twins got an exchanged-traded-products using cryptocurrencies including bitcoin, Ripple and Ether, among others.    April was a record month for hedge funds. Eurekahedge, a research and data providing …

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Ethereum Ethereum’s Founder Vitalik Buterin Responds to Critics: ‘Insane’ , ‘Plutocratic’ Governance

Ethereum’s Founder Vitalik Buterin Responds to Critics: ‘Insane’ , ‘Plutocratic’ Governance

Buterin responded by saying that the meeting was organized without his permission or knowledge and that he did not attend. The meeting was not secret and not any rules were decided. Vitalik also claimed that he would use zCash if he was “doing anything seriously privacy-demanding.” An accusation by the Catallaxy co-founder and Satoshi Portal …

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Bitcoin Japan’s Internet Giant GMO Has Mined 900 Bitcoins and 537 Bitcoin Cash.

Japan’s Internet Giant GMO Has Mined 900 Bitcoins and 537 Bitcoin Cash.

GMO Internet is a multi-billion listed Japanese Internet and Technology Composite. Previously, it reveals its plan to launch its new cloud mining service in August. Currently, the mining activity of Japan’s internet giant GMO is issuing nearly 900 bitcoins and 537 bitcoin cash. Hash rate doubled Japanese composite GMO Internet launched its cryptocurrency mining business …

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News Japanese Exchange Bitflyer Aiming to Tap More Talent from Wall Street

Japanese Exchange Bitflyer Aiming to Tap More Talent from Wall Street

Bitflyer wants to add about 300 employees by end of this year. The company is eyeing bankers and experts from Wall Street to fill various positions even as it seeks to expand to other countries this year. Bitflyer is eying traders and bankers from Wall Street as employees as it seeks to add 300 employees …

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Bitcoin Bitcoin Lightning Payments to Be Abstracted Steadily

Bitcoin Lightning Payments to Be Abstracted Steadily

Bitcoin lightning network is surely revolutionary. However, the innovation is not yet user-ready since there are many pending solutions and features still under development. Lighting network is a method where transactions are made on off-chain channels and therefore users on the receiving end can receive the payments or cryptocurrencies without having to wait for mining …

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Blockchain Facebook Reportedly Working on a Blockchain Team

Facebook Reportedly Working on a Blockchain Team

Facebook has initiated a blockchain team to be headed by head of Facebook Messenger. The team also comprises of several Instagram executives. Facebook is reportedly working on an internal blockchain team to be headed by the former head of the company’s popular Facebook Messenger app David Marcus. Onboard the team will also be several Instagram …

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Bitcoin Mike Novogratz, Bloomberg LP to partner with Bloomberg Galaxy Crypto Index (BGCI)

Mike Novogratz, Bloomberg LP to partner with Bloomberg Galaxy Crypto Index (BGCI)

Bloomberg LP and Billionaire, Mike Novogratz announced to partner with Bloomberg Galaxy Crypto Index (BGCI). It is tracking cumulative performance of large cap digital currencies. It is one of Bitcoin’s biggest bulls to ink a deal and create a cryptocurrency price index. Global product Manger of Bloomberg indices says “the launch of the Bloomberg Galaxy …

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Blockchain Bovill Launches Global Crypto Offerings and Blockchain Tech

Bovill Launches Global Crypto Offerings and Blockchain Tech

Bovill, which provides consultancy services in various countries around the world, is adding a service to offer blockchain and crypto consultancy including about developing KYC and AML guidelines, registering ICOs, and use of blockchain tech in auditing money laundering.   London headquartered consultancy Bovill has launched consultancy services for blockchain and cryptocurrency offering. The firm …

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Bitcoin Former NFL Ricky Williams Says Astrological Research Suggests Him to Invest in Cryptocurrencies

Former NFL Ricky Williams Says Astrological Research Suggests Him to Invest in Cryptocurrencies

Ricky Williams, Former NFL (National Football League) comes with a traditional ambition. It surprises people that his financial advice is heretical. Williams has spent a lump of his post-football life researching from the field of medicine to astrology. Basically, he says that looking at the present scenario and future of digital currency he takes a …

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Bitcoin Fundstrat Analyst Tom Lee Says Bitcoin Will Reach over $15000 Next Week

Fundstrat Analyst Tom Lee Says Bitcoin Will Reach over $15000 Next Week

According to the Fundstrat researchers which is led by Tom Lee, says that Bitcoin is all set to hit high by next week. At present Bitcoin seems to be on a better part of 2018 after struggle of three-week. Since, it has now reached to the $9000 mark and steadily reaching the $10,000 mark. After …

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Bitcoin Tyler Winklevoss Says Bill Gates to Put Your Money Where Your Mouth Is

Tyler Winklevoss Says Bill Gates to Put Your Money Where Your Mouth Is

The Winklevoss twins said Bill Gates to put your money where your mouth is. The statement is in response to Gates comments on shorting Bitcoin. In an interview with CNBC’s squawk on Monday, Bill Gates, the Microsoft founder said that if there was an easy way he would short Bitcoin. “As an asset class, you’re …

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Bitcoin Iran to Purchase Cryptocurrencies Worth More Than $2.5 Billion

Iran to Purchase Cryptocurrencies Worth More Than $2.5 Billion

The Iranians have sent more than $2.5 billion out of the country to purchase cryptocurrency. This statement by chairman of the economic community comes with the country’s central bank regulatory measures for local banks to stop dealing with cryptocurrencies including Bitcoin. Mohammad Reza, Chairman of the Economic Commission of the Parliament of Iran, said “Based …

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Exchange Parent Company of NYSE, Intercontinental Exchange Planning an Online Trading Platform

Parent Company of NYSE, Intercontinental Exchange Planning an Online Trading Platform

Intercontinental Exchange, the parent company of NYSE desires to move ahead. Bestowing to the New York Times, the founder of NYSE is building an online trading platform. NYSE NYSE allows institutional investors to purchase and hold bitcoin. It plans to provide a contract which allows customers to expertise on Bitcoin. It backs and stamps the …

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Bitcoin Former President of Goldman Sachs Predicts a Global Cryptocurrency Other Than Bitcoin

Former President of Goldman Sachs Predicts a Global Cryptocurrency Other Than Bitcoin

On Tuesday Gary Cohn, Former president of Goldman Sachs says he thinks the world will get a global digital currency, but it is not going to be bitcoin. Bitcoin mining process Bitcoin is structured through an energy-intensive mining process. It requires specialized computer hardware. The cryptocurrency is the first application of blockchain technology. It eradicates …

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Bitcoin Michael Owen to Release His Cryptocurrency:- OWN for Kids

Michael Owen to Release His Cryptocurrency:- OWN for Kids

Micheal Owen, Former England ace is releasing his cryptocurrency for kids to pay their footie training sessions. Owen is rolling out his personal Bitcoin-style currency named “OWN” to aid kids to pay £7.50 for the same.  On Thursday, the ex-Liverpool striker has revealed the currency at a Blockchain summit held in Dubai. He also faced …

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Exchange Chinese Alleges Crypto Exchange for violating rules

Chinese Alleges Crypto Exchange for violating rules

As per reports, China testifies that the investors are losing money after purchasing contracts on many cryptocurrency exchanges. The exchanges are controlled to circumvent by the government’s restrictions. OKCoin Exchange CNR (China National Radio), is extending an account from a Mr.Li,  who purchases and sells Bitcoin on OKCoin. This exchange moves out from China after …

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Bitcoin Bitcoin Are Crazier, Speculative Things Says Bill Gates

Bitcoin Are Crazier, Speculative Things Says Bill Gates

Bill Gates, Microsoft founder comments about bitcoin on May 7th. He said that Bitcoin and other cryptocurrencies are “kind of a pure greater fool theory type of investment”. Bill Gates said on CNBC’s “Squawk Box”, “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of …

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Exchange Bitcoin Vietnam Co Is Penalized by Vietnam Government for Violating Rules.

Bitcoin Vietnam Co Is Penalized by Vietnam Government for Violating Rules.

The Oldest cryptocurrency exchange Bitcoin Vietnam Co. has got its domain name bitcoin.vn and is seized by Vietnamese Government. The ministry of Information and communication have concluded to fine the company 40 million VND for illegal social networking and setting up an illegal site. Bitcoin Vietnam Bitcoin Vietnam is a Ho Chi Minh City-based cryptocurrency …

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Bitcoin Warren Buffett and Bill Gates on a Discussion Panel as Bitcoin Prices Drop down to $10,000

Warren Buffett and Bill Gates on a Discussion Panel as Bitcoin Prices Drop down to $10,000

The prices of Bitcoin have dropped on Monday which is followed by a criticism from few investments in the world’s best known wealthy people. According to few sources, the cryptocurrency has hit a low of $9,188.66 on Monday after climbing above $9,900 over the weekend. Bitcoin is recovering 40 percent from the lows around $6,700 …

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ICO Quoine, a Japanese Cryptocurrency Exchange to Launch ICO

Quoine, a Japanese Cryptocurrency Exchange to Launch ICO

QUOINE, a Japanese cryptocurrency exchange has disclosed the release of its Initial Coin Offering platform. This new platform is an all-in-one ICO execution service. It is an end-to-end solution which goals at aiding blockchain project to conduct ICO’s in a flexible, secure, transparent and scalable manner which is the best method of KYC and AML. …

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Mining PUD Utility Boosts Staff Security After Confrontations Crypto Miners

PUD Utility Boosts Staff Security After Confrontations Crypto Miners

Chelan County PUD is taking additional security measures to deal with possible future escalations of situations involving crypto mining groups and its staff due to disconnection of power, Bitcoin moratorium and denial of high-density load service to applicants. Chelan County Public Utility District is providing bulletproof panels and security cameras at the PUD headquartered. As …

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Bitcoin Coinmarketcap Removes Bitcoin(dot)Com from Listing as a Secondary Website for BTC

Coinmarketcap Removes Bitcoin(dot)Com from Listing as a Secondary Website for BTC

CoinMarketCap did not give reasons for removal of the website but it is believed to result from recent controversies between Bitcoin Cash and BTC community. The latter argues Roger Ver is misleading people to buy BCH instead of BTC. CoinMarketCap has removed Bitcoin.com as a secondary website for Bitcoin (BTC) on its website listing for …

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Mining Union Bank of Israel Hits with a Lawsuit by Bitcoin Mining Company

Union Bank of Israel Hits with a Lawsuit by Bitcoin Mining Company

Recently, again there was a call from Israeli courts system to stop banks from halting crypto business. The Union bank refuses to operate an account to a mining firm. The sixth largest bank, Union Bank of Israel has been hit with lawsuit by a bitcoin mining company. Israminers Ltd, accused for decision to stop accepting …

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News Confusion over Cryptocurrency Tax System in the World.

Confusion over Cryptocurrency Tax System in the World.

The tax policies from governments around the world are jumbled. Few rules are regulations of cryptocurrency users are confusing. Currently, France altered its classification of crypto into a moveable property. The tax rates for many cryptocurrencies is been decreased from as high as 45% to 19%. Earlier, cryptocurrency gains were treated as “industrial and commercial …

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Blockchain American Job-Matching Site Job.Com Using Blockchain Technology to Provide Jobs

American Job-Matching Site Job.Com Using Blockchain Technology to Provide Jobs

American job-matching site takes comeback as an Asian-based global operation. It taps blockchain technology as an effort to be a supreme power in the industry. Job.com is conquered by an English investment company co-led by the entrepreneur and recruitment expert Arran Stewart. The team is getting ready to mold the namesake site as the firm …

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News Singapore’s Digital Asset Smart Banknote Producers to Launch Bitcoin Banknotes

Singapore’s Digital Asset Smart Banknote Producers to Launch Bitcoin Banknotes

The digital asset smart banknote producers have released bitcoin banknotes at a store in Singapore. Presently, the currency notes are available in denominations of 0.01 and 0.05 BTC. According to cryptovalley Zug’s website, the headquarters in Switzerland’s cryptovalley Zug and Hong Kong, Tangem is having offices in Singapore, Moscow, and China. The plan is to …

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Banking/Finance Bank of Korea (BOK) announced cryptocurrency guidelines & CBDC

Bank of Korea (BOK) announced cryptocurrency guidelines & CBDC

The Bank of Korea (BOK) has recently expressed that it has started studying cryptocurrencies. In an official statement on Wednesday, it also notes the planning of issuing CBDC (Central Bank Digital Currency) within few months.   Korea Times reported on Wednesday that it is set to reveal its guidelines regarding cryptocurrencies and also the plans …

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Exchange Coinbase Expects Double Transaction Capacity in the Coming Months

Coinbase Expects Double Transaction Capacity in the Coming Months

Coinbase witnessed transaction surge of 1000 percent from the third quarter of last year and expecting a double growth in the activity in the coming months. It has hired double number of staff and revised code and has improved website up time in preparation. Coinbase has been one of the preferred exchanges for buying Bitcoin and …

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Mining Samsung Profits Increases Demand for Bitcoin Mining Chips

Samsung Profits Increases Demand for Bitcoin Mining Chips

Profits for the South Korea Samsung Electronics are up by nearly 60 percent due to increase in demand for cryptocurrency mining chips. The company said they expect the growth to continue in the second quarter of the year.   South Korean Samsung Electronics operating profits for the first quarter of 2018 surged by nearly 60 …

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Bitcoin Pro-Bitcoin Community Cancels Lawsuit Plans Against Bitcoin(dot)Com

Pro-Bitcoin Community Cancels Lawsuit Plans Against Bitcoin(dot)Com

Pro-Bitcoin Core community said it does not have enough funds to proceed with the lawsuit against Bitcoin.com website. It accused the website of blurring the difference between Bitcoin Cash and Bitcoin and misleading users to buy Bitcoin Cash. The pro-Bitcoin community that was planning to a lawsuit against Bitcoin.com run by Bitcoin Cash proponent Roger …

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News Cryptocurrency Ripple Hits with Class Action Lawsuit

Cryptocurrency Ripple Hits with Class Action Lawsuit

The Taylor-Copeland law firm has filed a class action lawsuit against Ripple on May 3rd. The official complaint of lawsuit targeted Ripple, XRP II, Brad Garlinghouse Ripple CEO. Thus, claiming that company debased laws by offering unregistered securities. On 3rd May, the fintech startup, Ripple Labs Inc., which holds as world’s 3rd largest cryptocurrency was …

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News J.P Morgan Applies for Patent to Facilitate Payments Using Blockchain

J.P Morgan Applies for Patent to Facilitate Payments Using Blockchain

J.P Morgan has filed an application to obtain a patent and feature payment in the banks utilizing the blockchain technology. Basically, the patent complied in the month of October. The application was made public by U.S Patent and Trademark Office on Thursday. It plans a process which is necessary to utilize distributed ledger technology such …

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News London Based Exchange; Cointouch Shuts down over Concern Related to GDPR

London Based Exchange; Cointouch Shuts down over Concern Related to GDPR

CoinTouch, a P2P Peer-to-peer cryptocurrency exchange has closed its virtual currency exchange. The exchange is concerned with the matter related to the European Union’s new General data protection Regulation (GDPR).   What is Cointouch Cointouch is London based exchange and commenced in the year 2014. Basically, the exchange dint charges any service fee. The founder …

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Exchange Coinbase, an US Crypto Exchange Planning to Enhance Crypto Trading

Coinbase, an US Crypto Exchange Planning to Enhance Crypto Trading

Coinbase, U.S market hub for cryptocurrencies is preparing to increase trading volume. Eric Schneiderman New York Attorney General is inspecting Coinbase. The firm announced some key company data. Coinbase claims to double the size of its full-time engineering staff and is modernizing much on the platform’s code. Further, Coinbase states “These efforts and others have …

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Exchange Kucoin Exchange Comes with a Plan to Trade Underperforming Tokens

Kucoin Exchange Comes with a Plan to Trade Underperforming Tokens

Kucoin exchange has planned a new method for trading the underperforming tokens. These tokens are considered as useless but this process gives them a special treatment area. The token is upgraded or a permanently eradicated. Kucoin aids the tokens which develop a low trading volume and are excepted a placement in special treatment. The tokens …

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Blockchain Indonesia to Use Blockchain Technology in Fixing Data Challenges

Indonesia to Use Blockchain Technology in Fixing Data Challenges

Indonesia is likely to implement blockchain to better its political and electoral processes, management and banking in the coming future.   The Indonesia public and private sectors aim to use blockchain to overcome data management challenges such as lack of expertise and resources and the need to keep accurate records. Blockchain can help the country to …

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News Portugal Parliament Is Set to Discuss New Crypto Payment Regulations

Portugal Parliament Is Set to Discuss New Crypto Payment Regulations

With the intention to adopt a new legal framework for crypto payment service, Portugal parliament is set to discuss crypto payment regulations on Thursday. Portugal parliament is on the discussion to sanction cryptocurrencies and ICOs – particularly, regulators are keeping the close eye on cryptocurrency payments and how well to regulate. Government’s rules According to …

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Exchange KodakCoin ICO Suspects LBank(dot)io for Fraudulent Behavior

KodakCoin ICO Suspects LBank(dot)io for Fraudulent Behavior

The representative of KodakCoin suspects Hong Kong based crypto exchange Lbank.io for creating a fake ICO section page of KodakCoin website. The KodakCoin ICO organizer accused LBank.io, the Hong Kong crypto exchange in “fraudulent behavior”. The page stated that on May 4th, Friday KodakCoin token starts at 12.00 UTC and ends on May 11 at …

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Exchange UAE to Welcome First Celebrity Tokens Crypto Exchange

UAE to Welcome First Celebrity Tokens Crypto Exchange

The GCOX crypto exchange will allow celebrities to create, list and trade their personal crypto tokens on its Acclaim blockchain. The project already has celebrities as early private investors including boxing superstar Manny Pacquiao, former England footballer Michael Owen. GCOX, will be the first crypto exchange designed for celebrities in mind, in UAE. This follows …

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Blockchain Bank of Korea to Launch Blockchain Based Cash-Free Society Pilot Project

Bank of Korea to Launch Blockchain Based Cash-Free Society Pilot Project

The Bank of Korea is studying possibility of a cashless economy in the country. It will also possibly be using blockchain to lessen costs of printing and distributing physical money. The Bank of Korea has announced Cash-Free Society pilot project as part of the “2017 Payment Report”. It says that they have been working with …

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Blockchain African Nation to Explore Blockchain Technology in Agriculture.

African Nation to Explore Blockchain Technology in Agriculture.

African nation Ethiopia is exploring its interest in blockchain-powered solutions. The nation has signed a memorandum of understanding with apprenticing cryptocurrency startup, Cardano. It utilizes blockchain technology in the industry of local agriculture.  Charles Hoskinson Charles Hoskinson, Lead, and former Ethereum Co-Founder disclosed on Twitter that the initiatives will target training developers how to utilize …

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Blockchain Berkeley City to Issue City Bonds on Blockchain in a Pilot Program

Berkeley City to Issue City Bonds on Blockchain in a Pilot Program

Berkeley is also considering, since February, to have a municipal token as a way of assisting funding for its projects. It says the project will proceed if the political process allows it. The city of Berkeley, California will be moving forward with a pilot program to sell municipal bonds on blockchain. The city council unanimously …

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Bitcoin Reddit Platform Intends to Get Back Bitcoin Payments

Reddit Platform Intends to Get Back Bitcoin Payments

Yes, you got it right, Chris Slowe, Reddit CTO shares the company is planning to bring Bitcoin payment including LTC, ETH and BTC. He said that in an Recent interview with Cheddar on May,02. Previously, in late March 2017, the popular social network platform Reddit had stopped accepting Bitcoin Payment for Gold Membership. The company …

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News Crypto Card Bans Results Mastercard Q1 Volume to Drop

Crypto Card Bans Results Mastercard Q1 Volume to Drop

The bank was among several others that restricted purchase of cryptocurrencies with credit cards. It says the decision led to a drop in their cross-border payment volume in the first quarter of 2017. A drop in crypto wallet funding has caused Mastercard cross-border payments volume to go down by 2 percent in the first quarter …

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Banking/Finance 4000 New Crypto-Compatible ATMs to Open in Argentina

4000 New Crypto-Compatible ATMs to Open in Argentina

Crypto ATMs are increasing around the world and 75 percent of them are located in the Americas. Argentina regulatory changes about ATMs will encourage establishment of crypto ATMs. Argentina is joining the crypto craze by adding 4,000 new crypto-compatible ATMs across the country. This comes even as a decision by the Central Bank of the …

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Mining Telegram Gained $1.7 Billion in a Private Coin and No Longer Plans a Public Sale of Tokens

Telegram Gained $1.7 Billion in a Private Coin and No Longer Plans a Public Sale of Tokens

Telegram, the well-known, messaging app has gained a lot of profit from the small group of private investors. This is led Telegram to call for a sale of cryptocurrency to a wider investing public. According to some source, Telegram Group Inc has fetched around $1.7 billion by trading newly created cryptocurrency to a fewer than …

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Exchange Crypto Trading EOS Surpasses Ethereum in Trade Volume

Crypto Trading EOS Surpasses Ethereum in Trade Volume

EOS has gained by a total of more than 35 percent compared to last Wednesday. It reached a peak of $22.79 on April 29. Its mainnet is coming in June. EOS traded around $3 billion in volume in the past 24 hours, surpassing Ethereum, which managed a volume of only $2.4 billion during the same …

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Blockchain Dubai Launches Blockchain Business Registry Project

Dubai Launches Blockchain Business Registry Project

Dubai is using blockchain as one of the technologies to help it achieve a smart city. The project builds on the 2020 Blockchain Strategy launched in 2016. It will help make doing business in Dubai easier, streamline business operations as well as facilitate foreign direct investments.     Dubai and IBM have partnered to launch the Dubai …

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Mining Facebook Messenger Hits with Crypto Mining Malware

Facebook Messenger Hits with Crypto Mining Malware

FacexWorm attempted to steal credentials of users’ Google accounts and crypto trading platforms. It tried to exploit users through a combination of methods including through Chrome extension and Facebook messenger. Google has since removed the Chrome extension. Facebook messenger was hit by yet another more sophisticated crypto mining malware that spread through Chrome extension, which …

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Exchange Goldman Sachs Is Planning to Began Cryptocurrency Trading Desk

Goldman Sachs Is Planning to Began Cryptocurrency Trading Desk

Goldman Sachs is in the process to promote cryptocurrency trading desk. The bank is preparing to begin a new cryptocurrency market on Wall Street. It is planning to start small and provide a limited number of derivatives. Firms supporting Goldman Sachs’s idea According to a few resources, it will trade Bitcoin futures in a principal, …

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News CryptoUK Self-Regulating Body Calls on MPs to Regulate Crypto Sphere

CryptoUK Self-Regulating Body Calls on MPs to Regulate Crypto Sphere

CryptoUK says the Treasury Select Committee that is looking into possible impacts of cryptocurrencies and possible regulation should grant permission for FCA to regulate the markets. Further, it says regulation should dwell around licensing of platforms such as exchanges and enforcing new rules in areas of anti-money laundering rules, checks on investors, and operational standards …

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ICO SEC Commissioner Expressed Cautions Regarding ICOs

SEC Commissioner Expressed Cautions Regarding ICOs

SEC says the priority for now is to protect customers who “are getting hurt in this market.” It says that it will be looking at aligning crypto investments with securities law, which does not mean a total ban or more regulation. The U.S. Securities and Exchange Commission is reiterating that it does not wish to …

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Exchange Japanese Giant GMO to Release New UK Crypto Trading App

Japanese Giant GMO to Release New UK Crypto Trading App

Z.com trade is an international brand of Japanese forex giant GMO. GMO Internet continues its roadmap and partnered through a subsidiary in the UK. Recently, it announced to launch a new FX and cryptocurrency mobile trading application in partnership with the finatext UK called “Pipster”. The app is accepted to launch for Andriod and iOS …

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News London-Based Fintech Startup Planning to Launch a Debit Card.

London-Based Fintech Startup Planning to Launch a Debit Card.

Revolut, London-based fintech startup is launching a debit card. It provides users 1% cash back in cryptocurrencies. The news was reported by Business Insider and published after Revolut became a so-called unicorn. A unicorn is tech giant that privately held startup and is valued at more than $1 billion. Nikolay Storonsky, Revolut’s chief executive stated …

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News Vertcoin’s Offical Twitter Account Hacked and Assures to Provide Bitcoin Giveaway

Vertcoin’s Offical Twitter Account Hacked and Assures to Provide Bitcoin Giveaway

Vertcoin is a P2P cryptocurrency and software project. Earlier, this morning the official Twitter account Vertcoin conceded it is on an attempt to haul out a Bitcoin (BTC) Scam. On May 1, the twitter account of Vertcoin posted a disclosure that a cryptocurrency prognostic in celebration of vertcoin’s success. The tweet promised to transfer 10 …

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Exchange Croatia Opens New Bitcoin Store to Buy Cryptocurrencies for Old Cash

Croatia Opens New Bitcoin Store to Buy Cryptocurrencies for Old Cash

One of the local cryptocurrency exchanges in Croatia is now allowing customers to buy cryptocurrencies using fiat, over the counter with new “Bitcoin store”. The exchange says it hopes to expand in other cities and region depending on demand.   A regular physical store “Bitcoin.store” in the Croatia City of Split is selling Bitcoin, Ether …

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Mining UNICEF Australia to use cryptocurrency Mining to help children in Bangladesh

UNICEF Australia to use cryptocurrency Mining to help children in Bangladesh

UNICEF is requesting you to give up between 20-80 percent of your computer processing power to help mine more cryptocurrency. The proceeds are converted into real-world money and then used to buy life-saving supplies for the needy and help children in Bangladesh. UNICEF Australia is asking you to offer some of your computer power to …

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Bitcoin education FTC’s New Workshop Informs Public About Crypto Scams

FTC’s New Workshop Informs Public About Crypto Scams

FTC will hold a Cryptocurrency Workshop on June 25. Various industry players will come together to discuss how scammers are exploiting cryptocurrency industry avenues to scam people. The event is free for public and will broadcast live on their website. Decrypting Cryptocurrency Scams US Federal Trade Commission wants you to learn more about scams by …

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News Square shares go down moments after Citron Research slammed Bitcoin strategy

Square shares go down moments after Citron Research slammed Bitcoin strategy

Square shares dropped by 3.8 percent to $45.76 per share and then recovered to close at 0.48 percent lower than its start-of-day value. The tweet claimed Wall Street was drunk of Bitcoin   Citron Research’s tweet on Monday that Square was a “collection of yawn businesses” and that the strategy was “insignificant,” caused Square shares …

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News Dubai cryptocurrency firm allowed to use Alibabacoin name

Dubai cryptocurrency firm allowed to use Alibabacoin name

A U.S. District Judge said that the likely damage Alibaba suffered might have occurred in China where the company is based. Alibabacoin said they did not intend to take advantage of the Alibaba name. The ruling means Alibabacoin can still use the name. Alibabacoin name for Dubai cryptocurrency Foundation A judge in U.S. rejected an …

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Exchange Oki Matsumoto CEO of Monex States That Cryptocurrencies Can Explore like Other Crypto Assets

Oki Matsumoto CEO of Monex States That Cryptocurrencies Can Explore like Other Crypto Assets

CEO of Japanese Online Broker Monex Group and Wall Street veteran asserts that new crypto asset class would take off like derivative that featured 38 years ago. CEO of Monex, Oki Matsumoto says “Regulators really hated derivatives in 1980 but just soon after that they really embraced them,” “What’s happening in the crypto world today …

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Mining Sergey Bin, Founder of Google Spots Outcome of Crypto Mining

Sergey Bin, Founder of Google Spots Outcome of Crypto Mining

Google Co-founder Sergey Brin in a statement says that there in upcoming urge for the powerful computers. It is utilized to mine ether and other cryptocurrencies have contributed to a boom in computing. Brin writes that various factors have led to wave in computing power. It has seen a search giant Google’s own processors increase …

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Bitcoin Aaron Lammer, Bitcoin Podcaster Trolled the Person Who Hacked His Website.

Aaron Lammer, Bitcoin Podcaster Trolled the Person Who Hacked His Website.

The Co-host of the Longform journalism podcast and cryptocurrency show Coin talker Aaron Lammer dint notice at the first time when his website was hacked. A follower tilted him off saying that aaronlammer.com is been replaced by a notice. Instead of paying the ransom, Lammer tapped on a link which said: “Contact us”. This lead …

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Exchange BTCxChange- Romania’s first Bitcoin exchange to close its services

BTCxChange- Romania’s first Bitcoin exchange to close its services

Romania’s oldest crypto exchange, BTCxChange declared that it is closing all its services today i.e., May 1st, 2018.  BTCxChange is the first ever crypto exchange in Roman to trade Bitcoin in an easy and fastest way. The Notice dates on April 22 on its official website from the exchange team, informing all customers to withdraw …

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News Goldman Sachs Circle Adds Zcash to Its Cryptocurrency Investment App

Goldman Sachs Circle Adds Zcash to Its Cryptocurrency Investment App

Goldman Sachs-backed fintech startup, Circle announced on Monday, 30th April that it is now supporting ZCash to list offerings for its investment app. Circle supports privacy-focused cryptocurrency Zcash Circle Invest, an online payment app, and a crypto wallet announce on its official blog post that it will be enabling Zcash to its platform. It was first …

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News Cryptocurrency Market Reaches an Eight-Week High as Rally Goes on

Cryptocurrency Market Reaches an Eight-Week High as Rally Goes on

The total cryptocurrency market value is now above $400 billion. In the last few weeks, more people bought in as the value went down. However, all the top three cryptocurrencies managed an under one percent increase in prices over the last week. However, confirming that other less popular cryptocurrencies are gaining popularity. The total market …

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Exchange Venezuela Government Registered 16 Crypto Exchanges to List Petro Cryptocurrency

Venezuela Government Registered 16 Crypto Exchanges to List Petro Cryptocurrency

Following the crackdown happened this week, Nicolas Maduro, Venezuela president has registered 16 new crypto exchanges. In general, it is now aiming at a new approach of the government at cryptocurrency exchanges, According to Correo del Orinoco, Venezuelan newspaper, the president of Venezuela, Nicolas Maduro has “authorized the certification of 16 crypto exchanges”. Maduro made …

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Exchange Japan SBI Holdings’ New Cryptocurrency Exchange to begin in Summer

Japan SBI Holdings’ New Cryptocurrency Exchange to begin in Summer

Japanese Financial Giant, SBI Holdings announces its new plan to start cryptocurrency exchange – However, the launch dates are yet to release but the group’s CEO Yoshitaka Kitao sees new potentials of Exchange.   He expects SBI’s new exchange to “be number one in the blink of an eye.” According to Japan media outlet, the exchange would list …

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Mining Australia puts green signal to set 20MW Solar Farm to Power Crypto Mining

Australia puts green signal to set 20MW Solar Farm to Power Crypto Mining

Australia is a way up to set up 20 MW Solar Farm, intends to power crypto mining and data center in Collie, Western Australia. Since the major market players and businesses in Australia are focusing on potentials of cryptocurrency and its high net worth, Hadouken Pty Ltd, owned by Australian Ben Tan. Mr. Tan is …

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Exchange Binance to Set Its New Global Compliance Center in Bermuda

Binance to Set Its New Global Compliance Center in Bermuda

The largest cryptocurrency exchange, Binance had unveiled his plans to open a new global compliance center in Bermuda within few month. According to Premier David Burt announcement Bermuda has signed a Memorandum of Understanding with Binance. At a joint press conference on Friday, Changpeng Zhao met the representatives of the Bermuda Government including Premier David …

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News Litecoin Founder Charlie Lee Talks About Selling His Own Cryptocurrency LTC

Litecoin Founder Charlie Lee Talks About Selling His Own Cryptocurrency LTC

Charlie Lee, Litecoin founder, recently in an interview spoke lot about selling his complete stake of his own cryptocurrency. He spoke for long in a YouTube interview with Julian Hosp, the co-founder of TenX today at earlier. The founder of Litecoin, the 9th largest cryptocurrency, spoke lot in a YouTube interview concerning LTC and crypto …

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Exchange Germany to Begin Its First Cryptocurrency Exchange

Germany to Begin Its First Cryptocurrency Exchange

As cryptocurrencies are growing, there are several investors willing to invest in cryptocurrencies. Germany began their first cryptocurrency exchanges which allow investors to feature their bets on the market.It is difficult to regulate exchange which allows investors to operate without any problems. Germany’s cryptocurrency exchange Germany is initiating its first crypto exchange for whales. The …

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News US States Issued Cease and Desist Order to Power Mining Pool

US States Issued Cease and Desist Order to Power Mining Pool

As the Bitcoin and cryptocurrency are gaining greater market exposure, regulators are keeping their eyes close to companies involving illegal activity and Ponzi scheme. Last week, the U.S state of North Caroline issued desist order to Power Mining Pool (PMP), a cryptocurrency mining pool that promises to offer daily profits. Securities Division found that the …

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News France Cut Downs Cryptocurrency Tax Rate from 45% to Flat 19%

France Cut Downs Cryptocurrency Tax Rate from 45% to Flat 19%

France has applied cryptocurrency income tax rate on capital gains. It is motivating citizens to invest and take some profits in the market. The French Council of State has settled to alter the classification of cryptocurrency capital gains. According to a French online publication, it lowers the tax rate from as high as 45% to …

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Blockchain Singapore to Fasten the Blockchain Payment Patents Process

Singapore to Fasten the Blockchain Payment Patents Process

With the intention to support the growth of Singapore Fintech market rapidly, the IPOS is providing expedited patent application to grant process for Fintech inventions. According to a Office statement, the new Fintech Fast Track initiative to provides expedited patent application to grant process for Fintech inventions. However, the initiative process is expected to grant …

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Exchange Chilean Banks to Re-Open Cryptocurrency Exchange Accounts

Chilean Banks to Re-Open Cryptocurrency Exchange Accounts

Few days back, Chilean central bank has shut down accounts of top cryptocurrency exchange without any intuitions. The Buda, Chilean cryptocurrency exchange had persuaded a court to order the re-opening its accounts temporarily. According to Bloomberg, Chile’s anti-monopoly court has ordered Itau Corpbanca and Banco del Estado de Chile. The country’s central bank to re …

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Exchange Tron Featured in Zebpay India’s Leading Crypto Exchange Platform.

Tron Featured in Zebpay India’s Leading Crypto Exchange Platform.

Zebpay, one of leading exchange platform of India has announced to list Tron on their platform. Zebpay has announced the list of new coin yesterday on Twitter. They disclosed this news through a riddle that was created a lot of buzz in the Indian crypto-market. Many of Indian Crypto enthusiasts were awaiting Tron in the …

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Bitcoin Among 17 Million Bitcoins in Existence, Only 4 Million Left to Mine.

Among 17 Million Bitcoins in Existence, Only 4 Million Left to Mine.

Earlier there was around 80 percent of the bitcoin which have been created. According to the report from Blockchain.info, the 17th millionth bitcoin is mined on Thursday. It is more than a year for the number of coins been topped 16 million. As per anonymous creator of Bitcoin, Satoshi Nakamoto, the only 21 million bitcoins …

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Exchange Bezop, Cryptocurrency Platform Backed by John Mcafee Leaks Personal Information.

Bezop, Cryptocurrency Platform Backed by John Mcafee Leaks Personal Information.

Bestowing to the report from Kromtech Security, the investors who invested money and time in John MCAfee preached cryptocurrency Bezop have become victims of data theft. The Startup firm supposedly left personal information of more than 25,000 investors on a publicly accessible MongoDB database. The Database includes links to scanned passports, driving license and all …

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Exchange Binance Founder Is Sued by VC Group Sequoia Capital in Hong Kong

Binance Founder Is Sued by VC Group Sequoia Capital in Hong Kong

According to reports, the founder of Binance is being sued by VC group Sequoia over allegations that he signed an exclusivity agreement with IDG Capital. Zhao Changpeng, the Founder Binance cryptocurrency exchange is being sued by Sequoia Capital, a VC firm headquartered in Menlo Park, California. According to the report of Hong Kong court filings …

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Exchange 20 percent of financial firms eyeing cryptocurrency trading soon, says survey

20 percent of financial firms eyeing cryptocurrency trading soon, says survey

The high figure of financial firms interested in cryptocurrency trading in the nearest future signifies the possibility of entry of more institutional money in cryptocurrency markets. Moreover, 70 percent of firms showing this interest will trade cryptocurrencies in the next three to six months.   One in five financial firms are considering trading in the …

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Exchange Japan’s Licensed Crypto Exchanges Launch Self-Regulatory Body

Japan’s Licensed Crypto Exchanges Launch Self-Regulatory Body

16 cryptocurrency exchanges in Japan are joining hands to help come up with guidelines that will restore customer confidence. This include guidelines for ICOs and trading. 16 licensed Japanese cryptocurrency exchanges have launched a self-regulatory body that seeks to restore confidence in the market after the $530 million Coincheck theft in January. The ‘Japanese Cryptocurrency …

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Bitcoin Tech Giant Cisco Applies Patent for Bitcoin Mining

Tech Giant Cisco Applies Patent for Bitcoin Mining

On Tuesday, Cisco Network tech giant won a patent which was applied to the bitcoin mining process. According to U.S Patent and Trademark Office, the firm submitted the patent application early in September 2015. The patent was mainly for a crowd-sourced cloud computing system. The patent blueprints on how computer owners will be able to …

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Bitcoin Crypto Update: Bitcoin Value Continues to Gain High

Crypto Update: Bitcoin Value Continues to Gain High

Bitcoin gained 20 percent last week and then a months-high on Tuesday, although the price is below half of its December high of $20,000. A new resistance price of $12,000 is predicted.   Bitcoin gained around 20 percent in the last week and was trading above $9,400. This is its highest level in months of …

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News Kamrath, Co-Founder of Rubicon Markets to Begin New Cryptocurrency Firm in New York

Kamrath, Co-Founder of Rubicon Markets to Begin New Cryptocurrency Firm in New York

The former Global head of foreign exchange at Jefferies Group LLC is beginning his new cryptocurrency firm in New York. After leaving the bank in March, the firm is to commence from this month. Ray Kamrath is the co-founder of Rubicon Markets Inc with Chief Executive Officer Andrew Lawrence and Chief Technology Officer Charlie Walden. …

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News North Caroline State Regulators Suspended Another Crypto-Exchange

North Caroline State Regulators Suspended Another Crypto-Exchange

State regulators have permanently suspended a foreign cryptocurrency trading from organizing its “scheme” in North Carolina. This for the second time, State regulators have shut down cryptocurrency trade. It is called Power Mining Pool previously and subjected to a temporary cease and desist order. The order was enhanced to permanently on April 19. North Caroline’s …

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Exchange Crypto Exchange are relocating to Malta for Legally Trading Cryptocurrencies

Crypto Exchange are relocating to Malta for Legally Trading Cryptocurrencies

The cryptocurrency exchanges have found the new port in an island of Mediterranean Sea. Many cryptocurrencies have started trading in Malta. It is eminent for exploring the blockchain space. This land is well-known for its contribution towards cryptocurrency business and investors. Malta Island Earlier, Malta has Binance a cryptocurrency exchange which hires more than 200 …

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Exchange CEO of Nasdaq Says that it is Planning to Become Cryptocurrency Exchange

CEO of Nasdaq Says that it is Planning to Become Cryptocurrency Exchange

Bestowing to CEO of Nasdaq, the company is planning to become a platform for trading cryptocurrencies like Bitcoin. Adena Friedman asserts to CNBC’s that “Certainly Nasdaq would consider becoming a crypto exchange over time.” She adds that “If we do look at it and say ‘it’s time, people are ready for a more regulated market,’ …

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News South Korea Has Clarified New Self-Regulatory Rules for Crypto Exchanges

South Korea Has Clarified New Self-Regulatory Rules for Crypto Exchanges

Cryptocurrency rules in South Korea is often a topic of concern – According to the recent report, South Korean cryptocurrency exchanges are announcing new self- regulatory rules and will have self-inspection as well. To regulate self-trading effectively, industry group charge address 23 cryptocurrency exchange and clarified the difference between new and old self-regulatory rules. As …

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Exchange Around 38 Global Merchants Accepted Coinbase’s Shiftcard

Around 38 Global Merchants Accepted Coinbase’s Shiftcard

The latest announcements, Coinbase’s ShiftCard, the first US Bitcoin debit linked to any wallet in a user’s Coinbase account. It is can be used to spend coins online and offline over 38 million merchants globally. Charlie Lee, the founder of largest cryptocurrency, Litecoin has signed a partnership deal with ShiftCard in 2015. Recently, he has …

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Ethereum Largest Ethereum-purse MyEtherWallet DNS Server was hacked

Largest Ethereum-purse MyEtherWallet DNS Server was hacked

MyEtherWallet, largest Ethereum-purse had a hack attack in early hours of Tuesday. According to the source, hackers tried to steal around $150,000 in crypto coin from users’. To do this, hackers used an old and effective technique known as BGP hacking to reconfigure DNS Server and redirected the site to a phishing page. On Tuesday …

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News Mobilecoin Joins Binance Exchange and Raises $30m for Mobile Payment

Mobilecoin Joins Binance Exchange and Raises $30m for Mobile Payment

On Tuesday, MobileCoin announces to join Binance labs, the major blockchain incubator Binance exchange. It is leading a $30 million round denominated in bitcoin and ether for commencing new cryptocurrency. MobileCoin will fetch “Priority consideration” for listing on Binance as a part of the relationship. Moxie Marlinspike’s review The cryptocurrency projects are evinced a dozen …

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Bitcoin Bill Harris CEO of PayPal says Bitcoin is a scam

Bill Harris CEO of PayPal says Bitcoin is a scam

As per reports, Bill Harris, CEO of PayPal and former Intuit CEO asserts that Bitcoin is a “colossal pump-and-dump scheme, the demerits of Bitcoin is not seen by the universe.” The main section of Harris’s post is directed at three key components of Bitcoin debate. The three areas are means of payment, store of value …

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News Elio Motors to Release Its Own Cryptocurrency Called Eliocoin

Elio Motors to Release Its Own Cryptocurrency Called Eliocoin

Elio Motors, a troubled automotive startup is starting its own cryptocurrency. The Cryptocurrency is initiated in order to fund the production of its three-wheeled vehicle. The firm is launching ElioCoin. It is offering to investors which aids from financial firm Jones Trading. Overstock.com an online retailer is on the process to become an investor to …

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Exchange South Korean Gaming Company to Purchase Bitstamp

South Korean Gaming Company to Purchase Bitstamp

The world’s oldest bitcoin exchange Bitstamp is for sale. As per reports, South Korean’s gaming company claims to finalize the deal to purchase the exchange. According to few people, the price is estimated at $350 million. Bitstamp is the oldest bitcoin exchange and is the licensed exchange in Europe. The deal is kept confidential and …

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News Taiwan to Enforce Cryptocurrency Regulations by November This Year

Taiwan to Enforce Cryptocurrency Regulations by November This Year

In order to prevent money laundering, Taiwan plans to enforce cryptocurrency regulation, effective from November this year. Chiu Tai-san, Justice minister of Taiwan said legal framework will be ready prior to the Asia Pacific on Money laundering in November. He said this on Friday at anti-money laundering event. According to Central News Agency, Tai-san was …

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Exchange Cboe Exchange Wants Minimum Prices on Bitcoin Futures

Cboe Exchange Wants Minimum Prices on Bitcoin Futures

Cboe aims to make changes in bitcoin futures contract price from $10 to $5. The approach comes in a wake of CBOE’s crypto product inaugural. On April 17th, a new letter was published to a CFTC (Commodity Futures Trading Commission). Matthew McFarland, managing director at CBOE Future Exchange announced a proposed rules amendment. Thus, it …

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Banking/Finance Mitsubishi UFJ Financial Group Tests Cryptocurrency in an Unmanned Convenience Store

Mitsubishi UFJ Financial Group Tests Cryptocurrency in an Unmanned Convenience Store

Mitsubishi UFJ Financial Group is testing usage of cryptocurrency in the payment of goods and services in its store. It is also piloting another program that could see customers pay bills in MUFG coin. Mitsubishi UFJ Financial Group has announced a major breakthrough in using the AMZN.O authentication protocol with cryptocurrency payments. The system allows …

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News Martin Lewis Files a Lawsuit Against Facebook for Using His Identity to Promote Crypto Ads.

Martin Lewis Files a Lawsuit Against Facebook for Using His Identity to Promote Crypto Ads.

A well-known financial journalist and founder of consumer finance site MoneySavingExpert.com filed an indictment against Facebook today. The suit is filed in UK’s High Court alleging for defaming the tech giant. Lewis blames the Facebook advertised more than 50 cryptocurrency ads which basely used his identity to endorse cryptocurrency trading scams. Martin Lewis says as follows …

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Bitcoin Venture Capitalist Tim Draper Says That Bitcoin Is Going to be Bigger

Venture Capitalist Tim Draper Says That Bitcoin Is Going to be Bigger

 Tim Draper, a Venture Capitalist, says bitcoin is to stay and it could be bigger than the internet.  When interrogated about a debate how the digital currency compared to his early investments in Tesla, Hotmail, and Skype, a Venture Capitalist, Draper state that Bitcoin will be “bigger than all of those combined”. Draper is the …

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Ban Central Bank of Iran (CBI) Prohibits Country’s Banks from Crypto Dealings

Central Bank of Iran (CBI) Prohibits Country’s Banks from Crypto Dealings

In order to break the cryptocurrency crisis, the Central Bank of Iran (CBI) has prohibited country’s banks from crypto dealings. Thus, concerning over money-laundering, IRNA, the state news agency reported on Sunday.   The IRNA (Islamic Republic News Agency) reported on Sunday, for both money laundering as well as fighting capital flight, the CBI has …

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Ban Telegram Founder, Paval Durov Calls Paper Airplane Protest

Telegram Founder, Paval Durov Calls Paper Airplane Protest

In the wake of the official ban by Russian Court, a messaging App Telegram began to resist. Telegram founder and CEO, Palov Durov calls for fresh protest over Russian ban by throwing Paper Airplane Neither about the terrorism nor malicious activity, Telegram was banned due to the heaviest raising funds, i.e $2billion from its ICO in …

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News Texas State Security Board Probes 32 Illicit Cryptocurrency Offerings

Texas State Security Board Probes 32 Illicit Cryptocurrency Offerings

An interesting state, Texas always been keen on cryptocurrency offerings and tends it have its own. Now, a recently published report based on four-week investigation founds crypto frauds in which 32 illegal cryptocurrency offerings were revealed. Texas is high with Crypto Fraud Texas State Securities Board issued a report that necessarily paint a negative scenery …

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Exchange Largest Cryptocurrency Binance Will Not Introduce Dollar Trading

Largest Cryptocurrency Binance Will Not Introduce Dollar Trading

Binance has denied reports that it will introduce dollar trading on its exchange. Recent reports saying it would, and which caused an increase in prices for Monero and EOS, are fake news.   In recent articles on social media like twitter citing that the largest cryptocurrency exchange, Binance would soon introduce USD transactions. Meanwhile, there …

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Ban Russian court overturns the decision to ban Bitcoininfo.ru portal

Russian court overturns the decision to ban Bitcoininfo.ru portal

Russian Supreme Court termed illegal decision to ban Bitcoininfo.ru portal, a cryptocurrencies news and information site. The case returns to a lower court for review.    The Supreme Court of the Russian Federation has overturned the decision by the Russian authorities to take down Bitcoininfo.ru portal. This comes about two years since July 2016 when the …

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Exchange Cryptocurrency Exchange Kraken will not comply with New York inquiry

Cryptocurrency Exchange Kraken will not comply with New York inquiry

Kraken co-founder and CEO Jesse Powell has said the Kraken cryptocurrency exchange will not comply with inquiry and information requested by the New York attorney general. He said on Twitter that the “resource diversion” for the production of the information requested is massive and that will “completely blow up” their roadmap. No Answer to NewYork …

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Exchange Coinbase dangled their account claims Wikileaks Online store

Coinbase dangled their account claims Wikileaks Online store

Coinbase, a San Franciso-based cryptocurrency exchange is apparently closed an account opened by indicting site Wikileaks for its online store. Wikileaks stores cities the violating terms and Services. The Wikileaks Shop is a Whistleblower site merchandise outlet. It sells shirts, phone cases, coffee mugs, posters and other branded regalia. Wikileak’s claim The users can purchase the …

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News Canadian Authorities to impose the tax on Cryptocurrencies

Canadian Authorities to impose the tax on Cryptocurrencies

Canadian tax obligations don’t exempt people who made money utilizing digital currencies. The taxes are implied on Canadian for income gain through virtual currencies. As cryptocurrency like Bitcoin and Ethereum made users to gain currencies. The word crypto comes from the Greek word for hidden. If User thinks to hide his virtual currency during taxing, …

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News Venture Capital Working Group Approaches Sec for Crypto Regulations

Venture Capital Working Group Approaches Sec for Crypto Regulations

Venture Capital Working Group met on March 28 and is asking the U.S. SEC to consider a safe harbor where some cryptocurrencies are considering a safe from securities regulations given their structure and manner of formation. Venture Capital Working Group, which is a group of investors and lawyers, has asked the U.S. Security Exchange Commissions …

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News Basic Stable Cryptocurrency Raises $133 Million

Basic Stable Cryptocurrency Raises $133 Million

Stable Cryptocurrency will have a token called Stable, which targets at reducing volatility by making the price of the token stable at a single dollar. This would make it more suitable for merchant and payment services for instance, though bad for speculation. Stable Cryptocurrency has raised $133 million from private funding round from different contributors …

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Bitcoin Bitcoin Flashing a Rare Buy Signal, Says Hedge Fund Manager Dan Morehead

Bitcoin Flashing a Rare Buy Signal, Says Hedge Fund Manager Dan Morehead

Pantera boss says it might be that right time you bought some Bitcoins. Given that the cryptocurrency has been growing fast, it is unlikely to drop below its 200-day moving average. Bitcoin and cryptocurrencies have seen the worst since the start of the year so far. The cryptocurrency has lost 40 percent of its value …

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Bitcoin Twitter’s Identity Crisis Costing Users More Than Bitcoin

Twitter’s Identity Crisis Costing Users More Than Bitcoin

Twitter accounts belonging to various companies and personalities in the cryptocurrency industry were recently hacked or impersonified, and scammers, in some cases, stole money from their targets. It could introduce tools based on layered trust and give more power to users to control their accounts and what they share. Twitter users, at least in the …

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Exchange Boxer Champion Floyd Mayweather charged with fraud by SEC

Boxer Champion Floyd Mayweather charged with fraud by SEC

The U.S Securities and Exchange Commission charged boxer Champion Floyd Mayweather with fraudulent activity. The company Creta raised $32 million through a fundraising mechanism known as an Initial Coin Offering or ICO. Initial Coin Offering is a process in which company issues a new digital coin in exchange for money. The coin is either traded or …

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Banking/Finance Manny Pacquiao a Philippines boxer to release his own cryptocurrency

Manny Pacquiao a Philippines boxer to release his own cryptocurrency

The imminent Boxer of Philippines Manny Pacquiao to release his own cryptocurrency. Manny is all set to follow the footsteps of his comrade Floyd Mayweather to launch his cryptocurrency. Floyd Mayweather is a boxer who earns Rs 11 crore per second in a boxing match. Manny is expounding to regulate the virtual currency market. GCOX’s …

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Blockchain Chinese based firm Xunlei has launched its proprietary Blockchain platform called ThunderChain

Chinese based firm Xunlei has launched its proprietary Blockchain platform called ThunderChain

The NASDAQ listed cloud network provider and Chinese based firm Xunlei is launching proprietary blockchain platform. On Friday, during a press event in Beijing, the firm declares the opening of blockchain platform. It is named as “ThunderChain”, Basically, it is designed to enable developers for constructing decentralization applications. ThunderChain is a new and advancing blockchain product which …

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News European Parliament is on stricter regulations on Crypto exchange

European Parliament is on stricter regulations on Crypto exchange

Now, crypto exchanges and wallet provider must introduce customers including verification. The producer has been undertaken by European Parliament in favor of strict regulations on Crypto exchange. Since the new approach come with the EU Anti-Money Laundering Directive’s latest update. The new approach under Closer Regulation On Thursday, the agreement with the European Council of …

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Bitcoin Entrepreneur Sam Ling to Give Warren Buffet a Run for His Cryptocurrency

Entrepreneur Sam Ling to Give Warren Buffet a Run for His Cryptocurrency

Sam Ling says he is following Buffets advice to ‘focus on what he is doing and be successful’. He is launching 26 cryptocurrency indexes but there will be domestic and international competition after many other companies launched their index funds.   Chinese entrepreneur Sam Ling, who together with his partner spent $2.35 million bidding on …

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Bitcoin Most U.S. States Adopting Regulations Cryptocurrencies and Blockchain

Most U.S. States Adopting Regulations Cryptocurrencies and Blockchain

Arizona, Wyoming, and Tennessee are leading with bills or laws that recognize cryptocurrencies legally or facilitate payment of taxes in cryptocurrencies. Many other states are working on regulations that are friendly to cryptocurrencies. About 20 states in the United States now have a regulation relating to cryptocurrencies since 2014. Many others are aware regarding cryptocurrencies …

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Blockchain Crypto and Blockchain Tech Can Help Facebook Recover from Massive Data Scandal

Crypto and Blockchain Tech Can Help Facebook Recover from Massive Data Scandal

Rachel Wolfson, a contributor at Forbes says Facebook might want to start looking at the prospects of implementing blockchain and cryptocurrency right away given that the #DeleteFacebook hashtag continues to gain traction – it appeared more than 10,000 times within a two-hour period on Twitter after the data scandal involving Cambridge Analytica.    Cambridge Analytica …

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Exchange Karpeles, Ex- CEO of Mt. Cox began new hiring in Crypto industry

Karpeles, Ex- CEO of Mt. Cox began new hiring in Crypto industry

The CEO of Bitcoin exchange Mt.Gox, Mark Karpeles was under bankrupt in 2014. He had a hard time finding work for last four years. In February 2014, he announced that he has lost Mt.Gox’s 8, 50,000 Bitcoin and became the biggest villain of cryptocurrency world. Karpeles ended finding 200,000 of Mt.Gox Bitcoins and authorities believe …

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Exchange Kraken, a San-Francisco based crypto exchange will not comply with New York’s inquiry.

Kraken, a San-Francisco based crypto exchange will not comply with New York’s inquiry.

 Kraken Co-founder and CEO Jesse Powell Tweeted on  Wednesday saying that, “The resource diversion for this production is massive. Thus going to completely blow up our roadmap”. Further, he added that “Then I realized we made the wise decision to get the hell out of New York years ago and that can dodge this bullet”. …

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News Philippines Senator Demands Harsher Penalties for Crypto Crimes

Philippines Senator Demands Harsher Penalties for Crypto Crimes

Philippines opposition minister has proposed a harsher penalty where crime involving cryptocurrency is punishable with one degree of higher than the traditional RPC. Philippines opposition senator wants a harsher penalty imposed against those committing cryptocurrency crimes. He proposed, to that effect, the Senate Bill 1694, filed last month and wants fellow legislators to expedite passage …

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ICO Former IBM Salesman Loses $2 Million After Hacker Hijacked His Accounts

Former IBM Salesman Loses $2 Million After Hacker Hijacked His Accounts

Hackers appear to be targeting YouTubers exposing details about their trades such as usernames and addresses and the tools they use. Balina, Saddington and Bosak lost cryptocurrencies by way of their accounts being hacked. They say they have learned their lessons to not expose their trades and the tools they use, on YouTube through vlogs …

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Exchange Amazon Wins a Patent for a Marketplace Data Streaming Solution

Amazon Wins a Patent for a Marketplace Data Streaming Solution

The patent proposes a solution that allows companies to stream data to marketplaces and to customers. It also proposes a marketplace where data sellers and buyers can transact for data in real time. These data streams can be combined with other data to make more sense. Amazon has won a patent for a system that …

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ICO Cambridge Analytica Planned to Raise Money Through Own Cryptocurrency

Cambridge Analytica Planned to Raise Money Through Own Cryptocurrency

Cambridge Analytica is the company behind recent Facebook’s massive data leak scandal. It is now planning to issues its own cryptocurrency and aiming to raise funds through ICOs. It is also tried to promote Dragon Coin associated with a Macau gangster. The company tried a variety of technologies including blockchain.   The Own Cryptocurrency: Cambridge …

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Blockchain First EU Blockchain Hackathon to Help in Fighting Fake Products

First EU Blockchain Hackathon to Help in Fighting Fake Products

The hackathon will bring together teams, companies, and authorities in order to collaborate to fight counterfeit and fake products and services. The teams will compete in three challenges and the winner will bag €100,000 The European Union of Intellectual Property (EUIPO) is, through the European Observatory on Infringements of Intellectual Property Rights, organizing the first-ever …

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Exchange Huobi, a Cryptocurrency exchange to open its office in London

Huobi, a Cryptocurrency exchange to open its office in London

Huobi, a Cryptocurrency exchange is set to launch its office in London. As per a report, Huobi’s senior Chern Chung, business development manager for Europe says that London is preferred location for expanding the business into the Western countries. Further, he added that “Our Statistics show that London is the most active trading scene across …

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Exchange New York on an urge to inspect Crypto exchanges, Experts Note

New York on an urge to inspect Crypto exchanges, Experts Note

On Tuesday, Eric Scheiderman Attorney General New York disclosed that he is inspecting at least 13 cryptocurrency exchanges which include well-known exchange called Coinbase. He added that “Too often consumers don’t have basic facts they need to assess the fairness, integrity, and security of these trading platforms”. Further Scheiderman says he hopes to make exchanges …

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Blockchain Mastercard to Use Blockchain Tech to Safeguard Identity Data

Mastercard to Use Blockchain Tech to Safeguard Identity Data

Mastercard applied for a system that helps improve system accuracy when recording data on the blockchain, by blocking fake data. The system helps improve verification and avoid possible fabrication of personal identity data.   Mastercard applied for a patent with the U.S. Patent and Trademark Office (USPTO) last Thursday, for a technology to help safeguard …

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ICO South Korea Is Likely Focusing on Overseas Listings for Local Trading

South Korea Is Likely Focusing on Overseas Listings for Local Trading

South Korea banned ICOs in the local market in September last year to follow China’s footsteps. Companies are finding another route in the overseas but it presents its own challenges: it is costlier. After South Korea prohibited ICOs in its local jurisdiction last year, then prohibited anonymous crypto trading January this year, ICO projects are …

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Bitcoin Bitcoin May Use NFC-Based Payments in Future

Bitcoin May Use NFC-Based Payments in Future

Cota, a Bitcoin developer proposes a payment method where users will make payments via NFC by connecting their smartphones to the device being paid, basically by hooking to the Bitcoin’s upcoming lightning network. It will use the lightning feature, which could be the greatest breakthrough in payments in the Bitcoin protocol thus far. So, to …

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ICO Bermuda Planning to Embrace ICOs and Crypto Regulations

Bermuda Planning to Embrace ICOs and Crypto Regulations

Bermuda is already attracting more cryptocurrency related businesses that want to come into the country. The friendly regulation will act as a catalyst. Companies will have required adhering to anti-money laundering and terrorist financing regulations. Bermuda, a British overseas territory in the North Atlantic Ocean, is considering a bill proposal that could allow the country …

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Blockchain Austin City Hopes Blockchain Helps to End Homelessness

Austin City Hopes Blockchain Helps to End Homelessness

Austin is developing a blockchain technology system for registry of refugees in the city. This will help improve service delivery. The country sees more than 7000 people living on the streets according to last year data by ECHO.   Austin city in Texas wants to use blockchain in protecting the identity of the homeless in …

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News Barclay UK’s second largest bank to begin cryptocurrency trading desk

Barclay UK’s second largest bank to begin cryptocurrency trading desk

As per reports, Barclays Plc, the second largest bank of U.K is begun to audit client interest in setting up a virtual currency trading firm. Barclays is holding high-level discussions about starting a dedicated cryptocurrency counter. According to few sources these discussions are in a primary state. The bank is trying to predict the anticipation …

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News IMF forecasts on economic conditions of nations after 2020

IMF forecasts on economic conditions of nations after 2020

 The international monetary fund envisioned the economy of a world that has boomed since 2011. This might continue for upcoming two years and soon the economic conditions may fall down. On Tuesday, the firm gave a forecast of the year 2018 on the global growth of an economy. The estimated growth is 3.9 percent in …

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News Brazil Crypto Exchanges Launch Rival Cryptocurrency Organization

Brazil Crypto Exchanges Launch Rival Cryptocurrency Organization

Brazil regulators are working on a regulation on cryptocurrencies but there are tensions between banks and brokers — some banks have previously refused to open accounts with brokers because of risks. Additionally, the regulators have warned that local investment funds cannot invest in cryptocurrencies. Bitcointrade, Mercado Bitcoin, Foxbit crypto exchanges recently created the Associação Brasileira …

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News Ripple Wants Regulators to Foray Cryptocurrencies Balance

Ripple Wants Regulators to Foray Cryptocurrencies Balance

Ripple’s head of regulatory called on U.K. to relook into delays of announcing cryptocurrency regulation saying that predictable regulation can help promote to markets by attracting new entrants, especially institutional investors. Financial Conduct Authority said it will study cryptocurrency regulation situation and publish recommendations in the third quarter of the year.   Ripple’s head of …

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News Brian Kelly Predicts Bitcoin Price Will Increase $25,000 by the Year End

Brian Kelly Predicts Bitcoin Price Will Increase $25,000 by the Year End

The Bitcoin price is heading towards the green for the weekend. Several, bitcoin investors and experts like Thomas Lee and Tim Draper have been predicting on price. Now, yet another investor has joined suit – predicting high on Bitcoin. A new high: Bitcoin hits $25,000 The CEO and Founder of digital assets investment fund BKCM …

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Exchange Chilean Crypto Exchanges Appeal Against Decision by Banks

Chilean Crypto Exchanges Appeal Against Decision by Banks

The exchanges are appealing against the decision saying it might kill cryptocurrency trading in the country. The market regulator says cryptocurrencies do not fit as “securities” while the central bank says they cannot be considered “currencies.”   Buda, Orionx, and Cryptomkt cryptocurrency exchanges, which are based in Chile, are seeking to have the decision by …

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Blockchain Samsung Is Now Using Blockchain Technology for Shipments Tracking

Samsung Is Now Using Blockchain Technology for Shipments Tracking

Nowadays the technologies are more into providing quick shipments of phones and chips. Samsung is now using blockchain technology to keep a track of its huge global shipments as well as to reduce its shipping cost by 20 percent. The Samsung Group is the first ever global manufacturers to utilize distributed ledgers in its operations. …

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Exchange Coinbase buys a Bitcoin startup firm named Earn.com.

Coinbase buys a Bitcoin startup firm named Earn.com.

 Coinbase purchases a Bitcoin firm named Earn.com. It is a trade which allows users to get paid in digital currency if users respond to the emails and complete tasks. Balaji Srinivasan, co-founder, and Chief Executive Officer was a general partner at Andreessen Horowitz. Currently, he will be joining as a Chief Technology Officer at Coinbase, …

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Exchange Coinbase Acquires Cipher Ethereum Mobile Browser

Coinbase Acquires Cipher Ethereum Mobile Browser

Coinbase is acquiring Cipher browser app in order to improve on the Toshi project, which is its own browser app for Ethereum. The app lets users to browser financial apps and communicates with each other. Coinbase announced on Friday that it has acquired mobile Ethereum Cipher browser. Further, the company will merge many of its …

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News Russian Court Bans Telegram, Founder’s Insolent

Russian Court Bans Telegram, Founder’s Insolent

The telegram has appealed against the decision to ban access in Russia and says it will do everything possible to ensure the services are accessible again in the country. The court said the ban will continue until Telegram complies with a directive to turn over keys to decrypt user messages.    Moscow’s Tagansky court ordered …

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News Ripple and Santander to Create Blockchain-Based Foreign Payment App

Ripple and Santander to Create Blockchain-Based Foreign Payment App

Ripple is also partnering with multiple banks and groups including over 60 banking and financial institutions in Japan and South Korea. This could make Ripple systems implemented into more than several banking systems to support global cross payments in future.   Ripple and Santander will roll out an app that will see the Spanish based …

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Exchange Criptohub to Launch Crypto and Financial Exchange in Brazil

Criptohub to Launch Crypto and Financial Exchange in Brazil

CriptoHub wants to ease the burden of trading Bitcoin and other cryptocurrencies in Brazil given the that the current exchange options are poor and that there are difficult transaction processes. CriptoHub wants to satisfy the higher demand among Bitcoin buyers in Brazil. It will have more than 20 tradable cryptocurrency assets and fiat pairs and …

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Exchange BitARG and Yahoo Japan to initiate their business plans in 2019

BitARG and Yahoo Japan to initiate their business plans in 2019

Yahoo Japan is planning to purchase a minority stake of 40% in a Tokyo based cryptocurrency exchange called BitARG. This is a remarkable journey of traditional companies to enter into digital currencies. Currently, Yahoo is #4 popular sites in Japan and 40th largest auction online site in the world. Yahoo Japan is featuring to endorse …

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Bitcoin Pen Manufacturer Ancora1919 Offering Bitcoin and Ethereum Fountain Pens

Pen Manufacturer Ancora1919 Offering Bitcoin and Ethereum Fountain Pens

The company is already in the process of delivering Bitcoin pens from last month. Both the luxury Ethereum and Bitcoin pens are limited in numbers. There are discounts for pre-production stages or pre-orders.   Ancora1919, an Italian luxury pen-manufacturer for 100 years now, will now accept pre-production orders for a limited edition Ethereum pens. It …

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News Cryptocurrency Not yet a Risk, Says Mark Carney, BoE’s Governor

Cryptocurrency Not yet a Risk, Says Mark Carney, BoE’s Governor

Cryptocurrencies bring a huge privilege but also a huge responsibility. G20 might finally call for a regulation for cryptocurrencies although regulation is already in place in a number of countries. A report on the same is due this year.   Bank of England’s governor, Mark Carney, echoed his earlier statement that cryptocurrencies are not a …

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Exchange Germany’s Largest Stock Exchange Borse Stuttgart to Release Crypto Trading App

Germany’s Largest Stock Exchange Borse Stuttgart to Release Crypto Trading App

On Friday, 14th Apr, one of Germany’s largest stock exchange announced that they will release a crypto trading app. The subsidiary of Borse Stuttgart, Sowa labs unveils that app will avail for use in September. New Crypto Trading App: Bison According to Borse Stuttgart, the new crypto trading app will be known as Bison. Initially, …

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News Bitcoin Price Could Sore Higher in the Next 24 Hours

Bitcoin Price Could Sore Higher in the Next 24 Hours

Bitcoin price rose by $400 in two hours, the highest intraday rise since February 6. The cryptocurrency could rise further although the speed has slowed. Bitcoin price has been soaring in the last 24 hours and is likely to continue with this trend. It moved out of its $6k levels on Thursday by trading over …

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Bitcoin JP Morgan Sued for Overcharging Cryptocurrency Purchases

JP Morgan Sued for Overcharging Cryptocurrency Purchases

JP Morgan Chase is facing an allegation of violating the US Truth and Lending Act on “unfair credit billing and credit card practices.” It failed to inform customers in writing about the extra charges or changes in terms. A lawsuit has been filed against JPMorgan Chase & Co for charging higher fees on cryptocurrency purchases. …

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Exchange Yahoo Japan to purchase minor stakes in Tokyo-based cryptocurrency exchange

Yahoo Japan to purchase minor stakes in Tokyo-based cryptocurrency exchange

Yahoo Japan has fetched 40 percent of a Tokyo-based cryptocurrency exchange that is set to release in upcoming days. The investment has made its BitARG exchange through a Yahoo Japan subsidiary which provides a company with the minority stake. It is a BitARG parent company CMD laboratory that manages 60 percent ownership of the exchange. …

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Blockchain Payment Giant Mastercard Is Hiring 175 Blockchain Specialists

Payment Giant Mastercard Is Hiring 175 Blockchain Specialists

MasterCard, the payment giant is aiming to hire 175 new employees as technology developers. On placement, employees will be based in Ireland to perform a role of blockchain specialists, Data scientists, software engineer, cloud infrastructure and security experts. Mastercard which had halt cryptocurrency purchases via credit card in early 2017 is calling crypto enthusiast to …

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Exchange PumaPay to Develop a System for Current Merchant Payment Systems

PumaPay to Develop a System for Current Merchant Payment Systems

A PumaPay platform will use PullContracts to facilitate payment of merchants by customers. It will compete with big players in the payment industry including Mastercard and Visa by making merchant transaction less costly.   PumaPay is developing an open-source “PullPayment Protocol” that can allow merchants to pull funds off of a customer’s account with their …

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Exchange OKEx Technology Is Getting Bigger by Expanding to Malta

OKEx Technology Is Getting Bigger by Expanding to Malta

The tiny island, Malta nation is now taking a pace for the major cryptocurrency exchanges, OKEX Technology. Apparently, Japan-based, OKEX Technology Co is now heading towards Malta to expand its operations. OKEx is one of the pioneering cryptocurrency exchange that provides users with a robust crypto trading platform. At present, the exchange offers token-to-token and …

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Exchange Winklevoss Twins Won a Crypto Patent to Secure Digital Transactions

Winklevoss Twins Won a Crypto Patent to Secure Digital Transactions

The patent describes a system to secure cloud-based blockchain networks. Such systems could be demanded more in future as computer systems continue to move to distributed computing architectures such as cloud computing. Founders of Gemini cryptocurrency exchange Cameroon and Tyler Winklevoss have won a patent for a system that improves the security of digital transactions. …

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Bitcoin Japanese GMO Group Announces Plans to Launch a Bitcoin Payroll

Japanese GMO Group Announces Plans to Launch a Bitcoin Payroll

GMO Group employees will start receiving a minimum of 10,000 Yen and a maximum of 100,000 Yen, although that is the starting point. The move could attract employees willing to take advantage of cryptocurrency prices but volatility might be a great concern for many. Other companies may follow suit if the move is successful. Japanese-based …

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Blockchain Perth-Based DigitalX Ltd Launches Cryptocurrency Investment Fund

Perth-Based DigitalX Ltd Launches Cryptocurrency Investment Fund

DigitalX is also partnering with media company Multiplier to launch websites for disseminating news and information about cryptocurrencies. It joins other companies such as BitCar and Mint that are already running crypto projects.    DigitalX Ltd, a blockchain technology company based in Perth has launched an investment fund for cryptocurrencies and website that provide news …

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News Venezuela’s Government to accept Digital currency within 120 days.

Venezuela’s Government to accept Digital currency within 120 days.

Petro, Venezuela’s oil-endorsed digital currency should become a legal tender for all transactions that includes government institutions to financial firms to all other companies. The time allotted to this venture is 120 days as per the declaration was given by the Government’s Official Gazette. Bestowing to gazette of April 9, the government is going to …

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Exchange Canadian Barter Platform Bunz Launches Own Cryptocurrency BTZ

Canadian Barter Platform Bunz Launches Own Cryptocurrency BTZ

The company hopes that the cryptocurrency will help recreate the network of retailers. It will be the first Canadian crypto to launch to an already established community or members. The group started in 2013 and has a community of more than 200,000 members. Bunz, an online trading and barter platform based in Canada, is launching …

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Bitcoin Caribbean Tourism Organization Introduces Cryptocurrency Payment Process

Caribbean Tourism Organization Introduces Cryptocurrency Payment Process

The Caribbean region is embracing cryptocurrencies as a way of dealing with issues such as de-risking when banks pull out of the region in response to calls against money laundering by U.S. Cryptocurrencies could also help the unbanked in the region. The Caribbean Tourism Organization is partnering with a local company CTO to use cryptocurrencies in …

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News Alibaba’s Taobao Lists Cryptocurrency-Related Products as Prohibited

Alibaba’s Taobao Lists Cryptocurrency-Related Products as Prohibited

The move is understandable given the pressure by government on businesses regarding cryptocurrencies. It is unclear if Alibaba will follow suit though it recently launched a cryptocurrency mining platform.   Customers and users of Taobao, an internet shopping site owned by Alibaba, will from April 17, no longer be able to provide products and services …

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Bitcoin Europol Suspects a Major Bitcoin Money Laundering Network

Europol Suspects a Major Bitcoin Money Laundering Network

The operation by Spanish security forces included support from Finland and the US Homeland Security involved search on many computers, money counters, and bags. The team also acquired information about suspects’ accounts from a crypto exchanged based in Finland. European Union Agency for Law Enforcement Cooperation (Europol) says it napped 11 people and identified 137 …

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Exchange Coinbase Seeking a License with SEC to Become a Brokerage Firm

Coinbase Seeking a License with SEC to Become a Brokerage Firm

Coinbase is also seeking to add more cryptocurrencies for withdrawal, on all of its platforms. It said it will add more crypto assets as soon as there is regulatory clarity about cryptocurrencies. San Francisco-based Coinbase is seeking to license with the US Security Exchange Commission to become a brokerage firm and electronic trading venue. This …

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Bitcoin Twitter Temporarily Suspends @Bitcoin Sparking Wild Conspiracy Theories

Twitter Temporarily Suspends @Bitcoin Sparking Wild Conspiracy Theories

The account was restored on Monday after two users took over the account briefly. There are different conspiracy theories pointing to the reasons why it was banned, including a claim that it was Bitcoin Core community-fighting Bitcoin Cash. There was an uproar after the @Bitcoin Twitter account was shut down over the weekend. A user …

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Bitcoin An Apartment in New York on sale for $45 mln cryptocurrency

An Apartment in New York on sale for $45 mln cryptocurrency

As per Wall Street Journal reports on April 11, New York’s Upper East six-storey building is on sale for $30 mln in fiat currency or $45mln in the digital currency. Claudio Guazzoni de Zanett a Blockchain seed and angel investor of Cryptocurrency stated that he will welcome Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP) for …

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Exchange South Korea Investigate 3 Banks over Cryptocurrency Exchange Compliance

South Korea Investigate 3 Banks over Cryptocurrency Exchange Compliance

The inspection targets at checking whether the three are adhering to KYC and AML requirements in the new regulations for trading cryptocurrencies. The country banned anonymous trading for cryptocurrency traders and is enforcing that regulation. The Financial Services Commission (FSC) will inspect Nonghyup Bank, Kookmin Bank and Hana Bank between April 19 and April 25 …

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Blockchain China’s Blockchain Industrial Park Partially Funded by Government

China’s Blockchain Industrial Park Partially Funded by Government

Third of the funds for the Blockchain Industrial Park comes from the government. The park will support innovations in blockchain in the country. China is building a Hangzhou Blockchain Industrial Park worth of 10 bln yuan (around $1.6 bln) investment according to an announcement during the opening ceremony of the park yesterday. The Xiongan Global Blockchain …

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Exchange Gemini Cryptocurrency Exchange Unveils Gemini Block Trading for Large Quantities of Crypto

Gemini Cryptocurrency Exchange Unveils Gemini Block Trading for Large Quantities of Crypto

Gemini Block Trading will allow large customers such as hedge funds to trade large amounts without affecting the prices immediately. The minimum quantity is 10 BTC and 100 ETH. Gemini cryptocurrency exchange has announced the launching of the Gemini Block Trading to serve those intending to sell and buy large quantities of digital assets outside …

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Bitcoin Bitcoin Tumbles as Tax Filing Deadline Looms

Bitcoin Tumbles as Tax Filing Deadline Looms

Bitcoin has lost by more than 52 percent in price this year alone without considering the high of $20,000 in December last year. Other cryptocurrencies are also following this trend with no signs of improvement in the short run.      Bitcoin fell to $6,646.07 as of 3:49 p.m. ET Monday moments after a slight price …

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Bitcoin Police Officer Charged in $1.3 Million Bitcoin Extortion Scheme

Police Officer Charged in $1.3 Million Bitcoin Extortion Scheme

The police officers kidnapped a businessman, took them to a farmhouse where they forced them to transfer Bitcoins. Allegedly, they received more money in order to release the three businessmen. A special task force was formed to investigate the matter. 10 police officers in the Indian state of Gujarat are facing allegations of kidnapping a …

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News Marketers Discovering New Ways to Bypass Social Media on Crypto Ads Ban

Marketers Discovering New Ways to Bypass Social Media on Crypto Ads Ban

Some marketers still view the ban as one that won’t have an effect on their operations since they rely on other platforms for advertising or have already a strong social presence. Some people feel that these companies are beginning to feel the threat of decentralized tech. Facebook, Google, and Twitter (with an exception for verified …

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News Britain’s Financial Conduct Authority (FCA) to Publish a Review of Cryptocurrencies

Britain’s Financial Conduct Authority (FCA) to Publish a Review of Cryptocurrencies

Financial Conduct Authority will, together with others as part of a task force, develop thinking and publish a discussion paper in the third quarter about the way to go in regulating cryptocurrencies. Companies are already starting to think about self-regulation even as the regulator warns that they must observe the regulation handbook.    Financial Conduct …

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Bitcoin South African Revenue Service (SARS) Warns Cryptocurrencies Taxpayers

South African Revenue Service (SARS) Warns Cryptocurrencies Taxpayers

SARS is working on how taxes will apply to cryptocurrencies targeting such areas as cryptocurrency mining, trades on cryptocurrency exchanges, and the purchase of goods and services using digital money. It previously said it was working with global regulators on the matter.   The South African Revenue Service (SARS) is warning taxpayers that they could …

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Bitcoin Top Business Schools to Expand Bitcoin Classes and MBA Courses

Top Business Schools to Expand Bitcoin Classes and MBA Courses

Bitcoin classes and MBA are now being offered in more top business schools as a result of increasing demand from students. This demand is partly fueled by last year’s price spikes that made many people know cryptocurrencies and blockchain, and the fact that more companies are looking for people with skills in blockchain tech and …

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Bitcoin Bitcoin Lightning Visualizers Aren’t What They Are Thought to Be

Bitcoin Lightning Visualizers Aren’t What They Are Thought to Be

Bitcoin lightning network visualizers help depict how the network is growing. Many people use them to tell the story of the growing network, but they do not depict the true picture of the growth and they may not be viable projects in the long term. Data visualizations are a favorite tool for Bitcoin users and …

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Exchange Japan Crypto Exchanges Facing Lack of Software Engineers

Japan Crypto Exchanges Facing Lack of Software Engineers

Companies are willing to pay higher salaries for anyone who can do more than just basic skills. The shortage is high and is exposing exchanges to hacking threats. Many companies in the cryptocurrencies market in Japan are in search of cybersecurity experts and specialists in the blockchain. This comes even as they faced the threat …

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Blockchain Power Team and Wellsite to Partner in Middle East Crudecoin Blockchain Deal

Power Team and Wellsite to Partner in Middle East Crudecoin Blockchain Deal

The new deal will see Power Team use Wellsite technologies to serve their customers better and efficiently including by reducing transaction costs. Co-founder of Power Team also joins the advisory team for the Crudecoin project. Power Team will use Wellsite’s distributed blockchain technologies to offer new ways to energy companies. And also to manage their …

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Exchange Bitfinex Crypto Exchange Introduces 12 More Altcoins for Trading

Bitfinex Crypto Exchange Introduces 12 More Altcoins for Trading

Bitfinex joins Coinbase which announced the listing of more tokens including Bitcoin forks and other cryptocurrencies in future. Gemini also announced they will be adding more tokens on their platform. Bitfinex crypto exchange is adding some more 12 new ERC-20 tokens for trading on its platform according to their announcement on April 7. Customers will, …

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News Brazilian Startup Allvor to Launch a New Project onto Ripple Network

Brazilian Startup Allvor to Launch a New Project onto Ripple Network

Allvor will be the second to try launching token on Ripple network after last year’s attempt by John Holmquist. The startup said projects can take advantage of the situation at Ripple, namely a huge network and a large amount of XRPs being not utilized. Allvor to launch a new project onto Ripple Allvor is cryptocurrency …

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Exchange Billionaire George Soros Heading Towards Cryptocurrency Trading

Billionaire George Soros Heading Towards Cryptocurrency Trading

Soros is famous for betting against the pound in 1992 and has also said Britain may reverse Brexit as a result of economic slowdown. The move to bet in cryptocurrencies comes at a time when traditional money managers are staying away from cryptocurrencies.   Billionaire George Soros is planning to enter cryptocurrency trading after a …

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News State Securities Board of Texas issued an emergency cease for ban selling unlicensed securities

State Securities Board of Texas issued an emergency cease for ban selling unlicensed securities

On April 5, the State Securities Board of Texas have issued an Emergency Cease and Desist letter to the Millionaire Mentor University, Mark J. Moncher, and another connected player to ban selling unlicensed securities and defrauding investors in an allegedly fraudulent complex cryptocurrency trading and medical marijuana investment scheme. Estrada Trucking of Capital Cash and …

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Blockchain Blockchain Automation Changing the Crypto Payment Space

Blockchain Automation Changing the Crypto Payment Space

Blockchain and cryptocurrencies present an opportunity for companies to reduce costs of operations and cross-border payments. However, since only a few merchants and people are actually using crypto for payments, there is need to do more to popularize the tech for instance through integration with POS platforms.    Automation has been changing the way companies …

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Exchange Coinbase to Support Withdrawal of Bitcoin Forks

Coinbase to Support Withdrawal of Bitcoin Forks

Coinbase subsidiaries will support withdrawals for forks, mostly at the time the fork occurs. The company said it made the announcement to both internally and to the public as consistent with their process for adding new assets.   The U.S. based Bitcoin exchange Coinbase is adding features to let users withdraw Bitcoin forks according to …

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Exchange Chilean State Bank Siege the Accounts of Three Cryptocurrency Exchanges

Chilean State Bank Siege the Accounts of Three Cryptocurrency Exchanges

Banco del Estado de Chile (Banco Estado), the only public bank supporting cryptocurrency, has decided to freeze accounts of the Chilean cryptocurrency exchanges Buda, Orionx, and CryptoMKT. According to the El Mercurio, a local news outlet stated that the only bank in the South American nation of Chile that works with cryptocurrency exchanges has made …

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ICO Japan Is Planning To Legalize Initial Coin Offerings

Japan Is Planning To Legalize Initial Coin Offerings

Japan is moving ahead to legalize initial coin offerings while other countries like the US and China are restricting the fundraising technique to save their investors from the existing risks. Japan has a well-known standing as a global home for cutting-edge tech and innovation. It was the only important economy to present legitimacy on digital …

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Exchange Zebpay Cryptocurrency Exchange Halves Intraday Half the Trade Fees

Zebpay Cryptocurrency Exchange Halves Intraday Half the Trade Fees

Zebpay is the leading and largest cryptocurrency exchange in India with over 3 million users. Users can trade various cryptocurrencies by first buying with local cryptocurrency through a registered bank account.   India’s largest crypto exchange Zebpay has reduced to a half the fees for intraday transactions. Those buying and selling Bitcoins through the exchange …

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Exchange Coinnest Crypto Exchange Boss Arrested for Fraud and Embezzlement

Coinnest Crypto Exchange Boss Arrested for Fraud and Embezzlement

Regulators continue to raid crypto exchanges from early January this year after passing regulations to improve transparency. It raided three others last month on the same suspicion. CEO Kim Ik-hwan and a senior executive of South Korea crypto exchange Coinnest have been in detention for fraud and embezzlement. The investigators suspect that the two transferred …

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Bitcoin Cash Hardware Wallet Trezor to Support Cashaddr for Bitcoin Cash

Hardware Wallet Trezor to Support Cashaddr for Bitcoin Cash

Cashaddr is now supported on Bitpay, Coinbase, and Trezor. It is a format for addresses to make Bitcoin Cash addresses distinct from addresses of other cryptocurrencies.    Trezor will add on support for Casaddr, a BTC address format that is meant to differentiate between Bitcoin Cash and Bitcoin Core addresses. It will be good news …

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Blockchain IBM joins Sovrin foundation to build decentralized identity system.

IBM joins Sovrin foundation to build decentralized identity system.

International Business Machines Corporation is associated with a private, non-profit organization named Sovrin Foundation. It is exploring to build a global decentralized identity system that is based on Blockchain technology. Different Reviews: Phil Windley, Chairperson of Sovrin Foundation asserted that “The blue-chip U.S computing firm will join the non-profit as a “founding steward” that dedicates …

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Mining ASRock the Motherboard Maker Confirms to Sell GPU Miners

ASRock the Motherboard Maker Confirms to Sell GPU Miners

ASRock four GPU versions of the RX570 series are for mining operations only. They will provide users with advanced features such as improved processing and cooling for better performance. The company will also introduce a fifth line specifically for gamers.   ASRock has confirmed plans to sell GPU miners through its Phantom Gaming Series unveiled …

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Exchange Study Says That 40 Percent of People Receives Salaries in Cryptocurrencies

Study Says That 40 Percent of People Receives Salaries in Cryptocurrencies

The company found out that 4 percent are already ready to receive payment in cryptocurrencies. 44 percent thought it was great to receive payment in crypto. Clients of rising People, can, from last year, pay employees in cryptocurrencies.   A research by Midex reveals that 40 percent of people are ready to accept salaries in …

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Ethereum Breadwallet Is Adding Support for Ethereum with an Airdrop

Breadwallet Is Adding Support for Ethereum with an Airdrop

Breadwallet will, therefore, support three cryptocurrencies, Bitcoin, Bitcoin Cash and Ethereum. Token holders will get airdrop as the company celebrates successes of 2017. With SegWit support, the app lets people send crypto securely.   Bread will start supporting Ethereum starting this week according to the company update. The company will also offer airdrop for those …

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Blockchain Foxconn Planning for a Crypto-Friendly Blockchain Phone

Foxconn Planning for a Crypto-Friendly Blockchain Phone

Foxconn joins other companies working on blockchain phones such as BitVault and Zippie. It hopes to ship the first 25 K units this October and a few million units this year and then partner with mobile operators.    World’s largest manufacturer of electronics for hire Foxconn Technology Group is planning to manufacture a blockchain phone …

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Exchange Monex Group Inc Confirms Interest In Hacked Coincheck Exchange

Monex Group Inc Confirms Interest In Hacked Coincheck Exchange

Japan’s third-largest online broker Monex Group Inc, a leading online trading company based in Tokyo has confirmed to take over Coincheck, the cryptocurrency exchange hacked in the month of January 2018. Recently, Monex Group made a statement that it was seeking to acquire the Coincheck cryptocurrency exchange. The exchange was the victim of a hack …

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News Reserve Bank of India embargoes the trade of cryptocurrencies

Reserve Bank of India embargoes the trade of cryptocurrencies

Reserve Bank of India banned digital currencies like Bitcoin, Ethereum from offering services to any individual or business dealt with cryptocurrencies. The central bank has provided three months to the regulated entities like banks and finance firms to unravel their entities related to cryptocurrencies as stated by RBI Governor BP Kanungo in a Media Conference. …

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Bitcoin Former CEO of Mt. Gox: “I Don’t Want This Billion Dollars”

Former CEO of Mt. Gox: “I Don’t Want This Billion Dollars”

The former chief executive of Bitcoin exchange Mt. Gox publicly declared that he is impassive to get profits from the bankruptcy proceedings. In an Ask Me Anything (AMA) on Reddit, Mark Karpeles surprised the cryptocurrency community by stating he doesn’t the funds he would receive from the company’s bankruptcy. Four years ago, former CEO of …

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News Abu Dhabi’s ADS Securities Trading Firm Adds BCH, XRP and LTC

Abu Dhabi’s ADS Securities Trading Firm Adds BCH, XRP and LTC

ADS Securities, Abu Dhabi based trading firm is widening their list by adding top three cryptocurrencies. The company has announced that traders using propriety OREX platform are now able to trade five cryptocurrencies: adding BTC and ETH which were since last year.  Now Trade with BCH, XRP, and LTC The reports stated, ADS Securities announced …

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Exchange New Lawsuit Filed Against Hacked Coincheck Crypto Exchange

New Lawsuit Filed Against Hacked Coincheck Crypto Exchange

New lawsuit around 82 million yen ($771,000) has been filed against Japanese cryptocurrency exchange Coincheck, who recently underwent a $530 million USD loss of the cryptocurrency NEM. Coincheck is the remarkable cryptocurrency exchange headquartered in Tokyo, Japan. In the month of January 2018, Coincheck became the victim of the largest heist in the history of …

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News Mayor Park Won-soon of Seoul Intends To Launch S-Coin

Mayor Park Won-soon of Seoul Intends To Launch S-Coin

Mayor Park Won-soon says that Seoul, the capital of South Korea is developing its own cryptocurrency, tentatively named as S-Coin, which would be used in the city-funded welfare program. Hankyoreh, the news outlet reported on March 30 that the mayor of Seoul, Park Won-soon has confirmed his purpose to launch South Korean capital’s own cryptocurrency …

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Exchange WavesGo Platform Allows to Launch Your Own Crypto Project

WavesGo Platform Allows to Launch Your Own Crypto Project

Like NXT, Waves Platform let you launch your own digital currency project and allow teams to trade the coins on the DEX. The platforms eliminate the hurdles and technical difficulties of launching cryptocurrency projects making the process faster for individuals and teams.    Waves, an already existing secure and multifunctional wallet, recently added WavesGo gateway …

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Bitcoin Bitcoin steeps down to $7,000 and professed major fall down in cryptocurrencies prices.

Bitcoin steeps down to $7,000 and professed major fall down in cryptocurrencies prices.

As a trade war is going on between US and China, it is affecting prices of Bitcoin. The cryptocurrencies are in great agony due to the uncertainty of the prices. The bitcoin has come below $7,000 for the first time after a brief period of two months.  After February 6, for the first time on …

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Banking/Finance Canada’s Largest TD Bank Considers Public Blockchain for Tracking Assets

Canada’s Largest TD Bank Considers Public Blockchain for Tracking Assets

The system not only records point-of-sale computer transactions but also details about the transaction. It will help in the performance of near real-time transactions by eliminating the need to wait for block confirmations through miners. TD Bank published a patent application last week detailing a public distributed ledger system for point-of-sale computer track transactions that …

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Exchange Monex Planning to Take over Coincheck Crypto Exchange

Monex Planning to Take over Coincheck Crypto Exchange

Monex Group Inc, Japanese online brokerage firm will enter cryptocurrency services in Japan. Nikkei reported that the company shared the news with major investors and regulators already. Japanese online brokerage firm Monex Group Inc is considering to buy Coincheck Inc according to a Tuesday announcement by Nikkei. The announcement by Nikkei did not close the …

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ICO SEC arrested a racket of cryptocurrency scheme, endorsed by celebrities

SEC arrested a racket of cryptocurrency scheme, endorsed by celebrities

The co-founders of Centra Tech Inc. Sohrab Sharma and Robert Farkas were incarcerated with the charges of fraud after purportedly duping investors through Initial Coin Offering. On Monday, Securities and Exchange Commission disclosed fraud charges against founders of Centra Tech.  Sharma and Farkas are claimed to offer unregistered investments in the company through the sale of CTR virtual tokens. Thus, which are similar to Bitcoin, Ethereum and digital coins. SEC asserts that Sharma and Farkas were a part …

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News Morrison Cohen LLP Launches a Crypto Litigation Tracker

Morrison Cohen LLP Launches a Crypto Litigation Tracker

The litigation tracker helps track details of litigation, fines and court judgments and determinations relating to cryptocurrencies. It could help investors willing to assess the flagged companies before making decisions. Morrison Cohen, which is a litigation form, has launched the ‘MoCo Cryptocurrency Litigation Tracker’ that helps track litigations, regulatory actions, and pronouncements regarding cryptocurrencies, initial …

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Blockchain Line messaging app with Blockchain Subsidiary to launch in South Korea

Line messaging app with Blockchain Subsidiary to launch in South Korea

Line app is planning to use the new subsidiary to research on the possibility of integrating cryptocurrency and blockchain into its messaging application. It may then launch a token economy on its mobile platform Line Plus. Telegram and Kakao are also working on integrating blockchain applications.     Japan-based social messaging platform Line announced Monday that …

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ICO John McAfee Charges $105,000 for Cryptocurrency Promotions

John McAfee Charges $105,000 for Cryptocurrency Promotions

Founder of the software company McAfee, John McAfee is now promoting cryptocurrency for $105,000 per tweet to his 810,000 direct followers. Some of the countries like Venezuela developing their own cryptocurrency. Other countries like China stand against the use of cryptocurrency. Recently, the top giants like Google, Twitter, and Facebook have banned the crypto-related advertisement. …

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News Singapore’s IMDA Introduces Blockchain Challenge to Boost Innovation

Singapore’s IMDA Introduces Blockchain Challenge to Boost Innovation

Singapore’s Infocomm Media Development Authority (IMDA) introduced its very first Blockchain challenge to improve modernization and acceptance of blockchain technology beyond fintech. The rapid development and spread of Blockchain technology have been significantly transforming the crypto world. Blockchain technology is a form of distributed ledger technology could fundamentally change the financial sector, making it more …

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Mining Yet Another Ban Imposed by Google on Crypto Mining Extensions from Chrome Store

Yet Another Ban Imposed by Google on Crypto Mining Extensions from Chrome Store

After Facebook, Twitter and Google, yet other crackdowns on malicious crypto mining extensions on its Chrome store by Google. In the very short notice, the step has initiated to illicit cryptocurrency mining. So far, Chrome store permitted cryptocurrency mining in extensions only when it is of a single purpose. And also, the user must the …

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News MailChimp Prohibits Services to Promote Cryptocurrencies and ICOs

MailChimp Prohibits Services to Promote Cryptocurrencies and ICOs

MailChimp also banned promoting of multi-level marketing and “make money online” businesses or others that have higher-than-average abuse. It joins Google, LinkedIn, Twitter, and Snapchat on a ban on ICO and crypto-related ads, and the country-wide bans in China and South Korea.   MailChimp has updated, this week, their policy on promoting cryptocurrencies and ICOs …

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Blockchain US Healthcare Firm Unitedhealth Group Discloses Its Blockchain Strategy

US Healthcare Firm Unitedhealth Group Discloses Its Blockchain Strategy

As Confirmed on April 2, US healthcare organization named UnitedHealth Group is collaborating to utilize blockchain and fetch the accurate records. According to Government, this is the new venture and Conglomerate’s Optum subsidiary will endeavour with various other industry players. It addresses US doctor directories and claims that 50% of data is incorrect. Further, it …

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Bitcoin Thai Finance Minister Announce the Verdict on Cryptocurrency Tax

Thai Finance Minister Announce the Verdict on Cryptocurrency Tax

Thai Finance Minister Apisak Tantivorawong takes Thailand one step closer to enacting taxes on cryptocurrencies. Investors are expecting to face a 7 percent value-added tax (VAT) for all trade in addition to a 15 percent tax on capital gains. Nikkei Asian Review, a local news outlet reported that the most awaited cryptocurrency tax structure in …

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Bitcoin Kazakhstan’s Central Bank Bans the Use of Cryptocurrencies

Kazakhstan’s Central Bank Bans the Use of Cryptocurrencies

National Bank of Kazakhstan plans to ban every digital currency operation in the country. Another country is planning to ban the use of cryptocurrencies in its province. In recent times, National Bank of Kazakhstan has introduced a Blockchain-based mobile securities trading application for the users to become more attentive in the capital markets. Unfortunately, the …

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Exchange Beijing-Based Huobi Crypto Exchange Officially Launched in South Korea

Beijing-Based Huobi Crypto Exchange Officially Launched in South Korea

A Beijing-born Huobi crypto exchange has officially launched in South Korea. The platform supports the trading of 100 altcoins and 208 markets. It is also setting up an investor protection fund to pay damages that are not investor error. Huobi is a cryptocurrency trading platform and exchange based in Beijing, China. The trading platform was …

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Bitcoin Bitcoin Trader Convicted of Money Laundering in Arizona

Bitcoin Trader Convicted of Money Laundering in Arizona

The Bitcoin trader is awaiting sentencing in June after conviction with five counts of money laundering before a jury. He exchanged a total of $165,000 through an online exchange.     Thomas Mario Costanzo, also known as ‘Morpheus Titania,’ was found guilty this week of five counts of money laundering by a Phoenix federal jury. Costanzo …

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Blockchain Riot Blockchain Acquires a Miami-Based Futures Brokerage

Riot Blockchain Acquires a Miami-Based Futures Brokerage

Riot Blockchain company did not announce any release date and said it is investigating the launch. The acquiring of Logical Brokerage may help improve publicity of the company.   Riot Blockchain company has acquired 92.5 percent of Miami-based Logical Brokerage Corp and is contemplating launching a digital currency exchange and a futures brokerage within the …

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Blockchain Ford to Use Crypto and Blockchain Tech for Inter-Vehicle Communication

Ford to Use Crypto and Blockchain Tech for Inter-Vehicle Communication

Ford’s blockchain solution will see cards and vehicles communicate with each other and facilitate alleviation of traffic congestion. Other companies into vehicle technology that uses blockchain include Volkswagen and Porsche and BMW.    Ford Global Technologies, LLC has been issued a patent for a vehicle-to-vehicle cooperation system that could spell out the digital future of vehicles …

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Banking/Finance PKO Bank Polski Adopts Blockchain Document Storage System

PKO Bank Polski Adopts Blockchain Document Storage System

PKO Bank Polski will adopt the technology to cut down the costs and to ensure clients can access the documents securely. In addition to having the documents stored immutably and permanently on the blockchain. PKO Bank Polski is partnering with Confirm for a storage and verification system. It is based on the distributed ledger to …

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News Price Analysis: Bitcoin, Ethereum, Ripple and Bitcoin Cash

Price Analysis: Bitcoin, Ethereum, Ripple and Bitcoin Cash

Cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Ripple are notoriously volatile, meaning that their value can extremely fluctuate at any time. Closely analysis of these currencies during last week shows massive decline and the market fails to sustain the soaring volume. The value of cryptocurrencies continues to sink from a major upward trend this week. All …

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ICO Telegram Raised $1.7 Billion in Its Second Initial Coin Offering

Telegram Raised $1.7 Billion in Its Second Initial Coin Offering

Telegram wants to build a system with a cryptocurrency called Gram. It will have faster transaction speeds than Ethereum and Bitcoin and possibly be competing with Visa and Mastercard.   Telegram Group Inc. has raised $1.7 billion according to a regulatory filing, to see it build its own cryptocurrency. The company raised $850 million in …

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Banking/Finance Danske Bank the Biggest Bank in Denmark Bans Crypto Trades

Danske Bank the Biggest Bank in Denmark Bans Crypto Trades

Danske Bank will, however, allow customers to purchase cryptocurrencies with a credit card. The bank is taking the move due to risks imminent in the business including lack of backing by a central authority and volatility.   Danske Bank, one of the largest banks in the Nordic region, will now not allow customers to use …

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Exchange Reddit Halts Bitcoin Payments After Coinbase Commerce Bugs

Reddit Halts Bitcoin Payments After Coinbase Commerce Bugs

Reddit says it is taking the move due to upcoming changes at Coinbase and the bug that is affecting some users. It will consider a demand for Bitcoin payments before deciding whether to re-enable the feature. Reddit, which has been accepting Bitcoin payments, has halted Bitcoin payments for its Gold membership due to issues affecting …

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Bitcoin Thomas Lee Tells Investors to HODL on During Bitcoin Slumps

Thomas Lee Tells Investors to HODL on During Bitcoin Slumps

Lee has been predicting prices for Bitcoin since it was below $3000. He said it will reach $25,000 by the end of this year and $55,000 by 2022. He says holding is more reasonable for those who missed the 10 best days at the start of this year. Tom Lee, the former strategist at JPMorgan …

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Exchange Bitfinex Weighing on Decision to Move to Switzerland

Bitfinex Weighing on Decision to Move to Switzerland

Zug hosts a number of well-known crypto projects including Xapo, ShapeShift and Ethereum foundation and management. Bitfinex, which is currently located in the British Virgin Islands is considering also London as an alternative but Switzerland is top on the list. Bitfinex is planning to move its base from Hong Kong to Zug, Switzerland. The agency …

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Banking/Finance Bank of Montreal Stopping Customers To Buy Cryptocurrencies

Bank of Montreal Stopping Customers To Buy Cryptocurrencies

The Bank of Montreal has initiated blocking transaction of cryptocurrency on its credit and debit cards, as per the bank employee who posted the document on Reddit. The Bank of Montreal, a Canadian multinational banking, and financial service corporation, operating as BMO Financial Group banned its customers for participating in cryptocurrency transactions. A Reddit user …

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Exchange Two More Japanese Cryptocurrency Exchanges to Shutter Their Businesses

Two More Japanese Cryptocurrency Exchanges to Shutter Their Businesses

Two other Japanese cryptocurrency exchanges are closing their doors after their operators allegedly withdrew their applications with the country’s Financial Service Agency. Hence, they are in the process of reverting client’s cash and crypto holdings. Tokyo Gateway and Mr. Exchange is closing down their operations As the regulations are severe in Japan, two additional cryptocurrency …

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Exchange Bitfinex is Adding New Additional Trading Pairs And Fiat Currencies

Bitfinex is Adding New Additional Trading Pairs And Fiat Currencies

Bitfinex, the largest cryptocurrency exchange is introducing additional trading pairs. It is adding two fiat currencies to its platform – the Japanese Yen and British Pound. It has also enabled deposits and withdrawals in both JPY and GBP Also, the trading platform is planning to change location from Hong Kong to Zug, Switzerland. Following the …

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Blockchain Blockchain Associations Filed Lawsuit Against Google, Twitter, Facebook, and Yandex

Blockchain Associations Filed Lawsuit Against Google, Twitter, Facebook, and Yandex

Eurasian Association of Blockchain is planning to act against social media and tech giant company for placing a ban on crypto-related advertisements. The Blockchain Association affirms that some of the shareholders of these media platforms are associated with cryptocurrency investment. Local news outlet TASS reported on March 27 that some of Blockchain and Digital currencies …

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Bitcoin Bitcoin Price Plunge After Twitter Ban Cryptocurrency Ads

Bitcoin Price Plunge After Twitter Ban Cryptocurrency Ads

The first decentralized digital currency, Bitcoin has hovered value of around the $7,500 mark today. The value of Bitcoin downfalls when the popular social media network Twitter enforced its prohibition on cryptocurrency advertisements. The Bitcoin price dropped below after reports circulated that social media platform Twitter Inc will ban the advertisement of cryptocurrency. At the …

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Exchange Bithumb to Bring Cryptocurrency Merchants in South Korea

Bithumb to Bring Cryptocurrency Merchants in South Korea

Bithumb and Korea Pay expect to have 800,000 merchants into its platform by end of the year. The company is also planning for international expansion. Bithumb will roll out services to 8,000 brick and mortar outlets by the end of 2018 according to their latest announcement on March 26. The exchange will partner with digital …

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News BTC and ETH Drops as Cryptocurrency Market Hits $300 Billion

BTC and ETH Drops as Cryptocurrency Market Hits $300 Billion

The low volume on major exchanges BTC and ETH signifies that it may take a few more weeks for the markets to recover. It is normal for any asset market to experience a slump after a major correction and that would last for some time.   The cryptocurrency market has been moving up and down …

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Blockchain Vietnam to Arise as One of the Strongest Blockchain Innovation Hubs

Vietnam to Arise as One of the Strongest Blockchain Innovation Hubs

The country, Vietnam boasts of a strong skill base and tech innovations and this may help blockchain startups. The government has plans to train and provide resources for tech startups. The country recorded growth in blockchain projects over the last year.   Vietnam has recorded rapid GDP growth and recorded massive improvements in overall health …

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Exchange Chilean Cryptocurrency Exchanges Call for Regulatory Association

Chilean Cryptocurrency Exchanges Call for Regulatory Association

Chile government once financially supported a Bitcoin exchange called SURBTC to facilitate donations into the country after the 2015 earthquake. The two exchanges are asking the regulator to come clear on the issue of the use of banks by those holding and trading cryptocurrencies. BUDA and CRYPTOMKT cryptocurrency exchanges are asking the government to clarify …

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Exchange Coinbase to Add Support for ERC20 Tokens

Coinbase to Add Support for ERC20 Tokens

The ERC20 standard has become popular in the recent past for teams to quickly build interoperable contracts/assets. Coinbase will add tokens after listing on GDAX and after evaluating them on metrics such as liquidity and stability.   Coinbase, which currently supports Bitcoin BTC, will add ERC20 compliant tokens in the coming months according to a …

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Bitcoin Gold Castings of Nelson Mandela’s Hands at Ten Million Dollars’ Worth of Bitcoins

Gold Castings of Nelson Mandela’s Hands at Ten Million Dollars’ Worth of Bitcoins

The Gold castings were produced by Harmony Gold Mining Co. in 2002 and are one of the pieces that came up under Mandela name after anti-apartheid. The company has paid a deposit of $50,000 and will pay the rest in installments. An Ontario-based cryptocurrency company Arbitrade bought the gold castings of Nelson Mandela hands at …

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Exchange Huobi Chinese Exchange Soon to Launch in the U.S.

Huobi Chinese Exchange Soon to Launch in the U.S.

The company is already registered with U.S. regulator database and has registered an office in the country. It is, however, entering a hotly contested market with Coinbase launching services for other cryptocurrencies.   Huobi, a Chinese crypto exchange will soon be operating in the U.S. according to their latest announcements. The company is already registered …

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Exchange South Korea’s Largest Firms Are Now More into Crypto Projects

South Korea’s Largest Firms Are Now More into Crypto Projects

South Korea internet, telecommunications, and gaming giants have invested heavily in leading crypto exchanges in the country. This is through funding Korbit, Bithumb, and Upbit.   The leading corporations in South Korea in the areas of insurance, telecommunications, gaming, and Internet are entering cryptocurrency markets through funding up-and-coming exchanges. More specifically, they are funding Korbit, Bithumb, …

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Blockchain South Korea Could Be the First Crypto-Powered Nation

South Korea Could Be the First Crypto-Powered Nation

South Korea is not only attracting international crypto projects but also the county’s ecosystem is enhancing rapidly. S. Korea is the best instance, with all factors that could play well for any country to become the first one that runs on crypto. South Korea could become the first nation that runs on cryptocurrency: with the widespread …

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Exchange Zebpay Advice People on Crypto Investment with a Long-Term View

Zebpay Advice People on Crypto Investment with a Long-Term View

Zebpay head says people should also understand risks given the volatility in the markets and also consider starting to invest in small portions. Additionally, he says cryptocurrencies should be good news to India given that the country has largest inward remittance market at over $70 billion per year.   Zebpay Head of Exchange, Nischint Sanghavi is …

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News It’s Confirmed- Twitter Will Ban Cryptocurrency Ads

It’s Confirmed- Twitter Will Ban Cryptocurrency Ads

Twitter is banning cryptocurrency-related ads on Tuesday, following the Reddit move in 2016 and joining advertising giants Google and Facebook to protect the investor from media hype of potential fraud or large investor losses.   Twitter, a social networking website and a huge cryptocurrency advertisement platform states that it will step ahead for a global …

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Bitcoin La-Based Cryptic Artworks Hide a Bitcoin Fortune Asks You to Decode

La-Based Cryptic Artworks Hide a Bitcoin Fortune Asks You to Decode

Andy Bauch wants to help you to artistically visualize and understand the rather abstract concept of cryptocurrencies, all without a need for computer science studies. His artwork hides Bitcoins and you can buy and crack the code to reveal the address and win the money in the wallets.   If you are an art fanatic …

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Exchange Zimbabwe’s Golix Crypto Exchange Intends for a National Digital Revolution

Zimbabwe’s Golix Crypto Exchange Intends for a National Digital Revolution

Golix is already offering citizens the opportunity to enter into global cryptocurrency markets. Amidst tough economic times in the country with extensive inflation in the last decade. The crypto exchange is planning to expand in other parts of Africa.    Golix is the only indigenous cryptocurrency exchange operating in Zimbabwe and is set to open …

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Mining Quebec Blogger Slams Government to Detach on Cryptocurrency Mining

Quebec Blogger Slams Government to Detach on Cryptocurrency Mining

Harsh sentiments reveal that the decision to not require crypto mining firms with cheap energy are politically motivated. Moreover, they say it is not in line with what the previous governments were seeking to accomplish and defy past plans by the energy firm. Quebec Premier recently announced that anyone who intends to move cryptocurrency mining operations …

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News Malta Welcomes Largest Cryptocurrency Exchange Binance to Its Blockchain Island

Malta Welcomes Largest Cryptocurrency Exchange Binance to Its Blockchain Island

The world’s largest cryptocurrency exchange Binance is opening a base in one of the world’s smallest island states. Joseph Muscat, a Maltese politician re-elected as Prime Minister on the 3rd of June 2017 embraces the cryptocurrency exchange, Binance. Other colleagues’ groups along with Prime Minister welcomes Binance and desire for Malta to known as the …

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News US Securities and Exchanges Commission to Review Cryptocurrency Hedge Funds

US Securities and Exchanges Commission to Review Cryptocurrency Hedge Funds

According to the report from the Wall Street Journal, the US Securities and Exchanges Commission (SEC) is allegedly preparing to investigate nearly 100 cryptocurrency-based hedge funds.  The US Securities and Exchange Commission (SEC) will inspect dozens of cryptocurrency hedge funds. In order to prevent people from their risky trading policies and higher fees vs. traditional …

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Exchange Toronto Stock Exchange to Launch Crypto Brokerage Services

Toronto Stock Exchange to Launch Crypto Brokerage Services

The stock exchange crypto brokerage services will involve provision of data benchmarks and indices based on information from various cryptocurrencies, to investors. The move is meant to institutionalize cryptocurrencies.   TMX Group’s subsidiary Shorcan Digital Currency Network is partnering with PayCase Financial to launch a brokerage service that will provide data and investment advice to investors regarding cryptocurrencies. Through the platform, investors will access data relating to the ongoing status …

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Exchange Yahoo Japan to Establish a New Cryptocurrency Exchange- BitARG

Yahoo Japan to Establish a New Cryptocurrency Exchange- BitARG

The Yahoo Japan, company will buy shares in a local exchange at a cost of 2 billion Yen. The cryptocurrency exchange will launch this April and success expected after one year. Yahoo Japan will, reportedly, start a new cryptocurrency exchange tying up with BitARG — an exchange platform — in Japan. The platform will be an exchange for people to buy and sell Bitcoins. According to official sources, Yahoo Japan will acquire 40 percent of BitARG exchange as well as will launch the fully-fledged exchange in April …

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Banking/Finance JPMorgan Chase & Co Gets Backlash over Oil Sands Financing

JPMorgan Chase & Co Gets Backlash over Oil Sands Financing

Stakeholders resolved in December to have the bank explain the policy about financing oil-sands. Thus, the loss might incur and whether the move is consistent with the 2015 Paris Climate accord. Some stakeholders want JPMorgan Chase & Co. to disclose the risks involved in its lending and financing of oil-sands producers and pipeline companies. One …

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News Perth Angels to offer a masterclass for willing investors

Perth Angels to offer a masterclass for willing investors

Although the value of cryptocurrencies and number of crypto and blockchain projects increasing, not many people understand them. Perth Angels, through the masterclass, will help more people understand the technology.     Perth Angels to partner with Digital Capital Management The Perth Angels is an early-stage private investment network, is partnering with a digital currency firm …

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Blockchain Child Pornography Links Detected In Bitcoin’s System

Child Pornography Links Detected In Bitcoin’s System

German researchers detected about 1,600 files of non-financial data and other unpleasant content within a system of Blockchain, including links to child pornography. Experts are still discussing how cryptocurrency or underlying blockchain technology stands with their promises for applications in different sectors. RWTH Aachen University’s researchers determine blockchain behind child pornography Recently, RWTH Aachen University’s researchers presented …

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Mining Norway Impressed by Bitfury’s Decision to Open Bitcoin Mining Center

Norway Impressed by Bitfury’s Decision to Open Bitcoin Mining Center

Minister of Trade and Industry said it is an opportunity to create jobs and grow economy. Moreover, the country, which has favorable climate and tax code for crypto mining operations. It wants to encourage opening of more data centers. BitFury announced Tuesday the plans to expand its mining operations into Norway, and the government welcomes …

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Blockchain China’s Shenzhen Stock Exchange Is Investigating Partnership with Blockchain

China’s Shenzhen Stock Exchange Is Investigating Partnership with Blockchain

SZSE is suspicious that some companies are raising untrue claims of partnering with companies or launching blockchain-related projects, with an intention of driving up share prices. SZSE is investigating another company in relation to blockchain claims.    China‘s Shenzhen Stock Exchange (SZSE) has requested Lifesense to explain an announcement they made on Monday that they …

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News OECD Calls for International Collab on Cryptocurrency and Blockchain Taxation

OECD Calls for International Collab on Cryptocurrency and Blockchain Taxation

OECD statement are part of its larger initiatives to help countries fight tax evasion. It says cryptocurrencies need checking to not undo the progresses made in fighting tax evasion, globally. Organization for Economic Cooperation and Development (OECD) says governments need to do some more work to harness opportunities presented by blockchain technology and cryptocurrencies. Meanwhile …

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Exchange Coinbase Talking to Possess Bitcoin Startup Earn.Com

Coinbase Talking to Possess Bitcoin Startup Earn.Com

Coinbase, the cryptocurrency trading platform is intending to purchase Earn.com, online money making platform, formerly called as 21.co. Introduction to the Famous Crypto Actors: Coinbase & Earn.Com Coinbase Launched in the year 2012, Coinbase is one of the notable and most reliable cryptocurrency exchanges. Currently, it serves over 10 million customers, spanning across 32 countries including the …

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Exchange South Korea’s Largest Exchange Upbit Launches New Cryptocurrency Index (UBCI)

South Korea’s Largest Exchange Upbit Launches New Cryptocurrency Index (UBCI)

Upbit, South Korea’s second largest and world’s fifth-biggest cryptocurrency exchange is planning to launch new cryptocurrency index called UBCI (Upbit Crypto Index) Business Expansion using new Upbit Crypto Index A report by Business Korea was noted that the company operating Upbit, Dunamu. The primary aim is to provide this cryptocurrency index in order to make …

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News U.K. launches cryptocurrency task force

U.K. launches cryptocurrency task force

The regulations will help boost collaboration between fintech companies and banks as well as with the government to remove barriers that help them grow domestically and internationally. The initiatives will help manage risks of use of cryptocurrencies and harness any benefits U.K. will launch a cryptocurrency task force and other fintech initiatives according to a …

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News Will Cryptocurrency Ban Disrupt Legit Crypto Businesses?

Will Cryptocurrency Ban Disrupt Legit Crypto Businesses?

Prohibition on cryptocurrency can be considered as the great move by the Google, Facebook, and Twitter. This may tackle scammers using cryptocurrency ads to promote their illicit online systems. In fact, a ban on cryptocurrency ads will have no longer effect on legitimate crypto businesses. Recently, the two giant online advertising platforms Google and Facebook …

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Bitcoin US Treasury Department Will Add Crypto Addresses to Sanctions List

US Treasury Department Will Add Crypto Addresses to Sanctions List

The US Treasury Department issued procedure on how Office of Foreign Assets Control (OFAC) could include cryptocurrency address to the sanction list of the country. The US Department of the Treasury has declared it might sanction cryptocurrency addresses in cases where officials find them connected with blacklisted individuals. Department mentioned in the guidelines saying that …

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Bitcoin Twitter CEO Sees Bitcoin the World’s Single Future Currency Within Decade

Twitter CEO Sees Bitcoin the World’s Single Future Currency Within Decade

In an interview with British newspaper The Times of London, CEO of Twitter and payment service Square, Jack Dorsey said that he envisions Bitcoin as the world’s single future currency within 10 years. Jack Dorsey has commented on his strong conviction in the upcoming potential of Bitcoin. Bitcoin, a leading cryptocurrency will overtake the US …

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Bitcoin Cryptojacking Rates up by 85 Times More in Q4 2017: Symantec Report

Cryptojacking Rates up by 85 Times More in Q4 2017: Symantec Report

Cryptojacking became popular last year as Bitcoin prices skyrocketed. Symantec blocked various attempts last year and said the operation results in heating of batteries and slowing down devices in addition to increasing bills   A new report released by Symantec says that hijacking of computers for purposes of unauthorized mining of cryptocurrencies increased by 8500 …

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Bitcoin Reddit’s r/cryptocurrency Subreddit Is Prohibiting Memes and Shilling

Reddit’s r/cryptocurrency Subreddit Is Prohibiting Memes and Shilling

Reddit moderators updated recent policy by creating new subreddit called r/cryptocurrencymemes. It is in use for the memes and shilling sort of content. Reddit is the online and most powerful destination to discuss regarding cryptocurrency and the emerging blockchain technology. A huge number of users subscribe to heaps of subreddits where industry experts, optimistic investors, …

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Mining City of Medicine Hat to Supply Hut 8 Mining Corp

City of Medicine Hat to Supply Hut 8 Mining Corp

Medicine Hat says it will use the opportunity to diversify economy. Hut 8, which say it will start construction right away, will employ 42 people in the new mining facility. Hut 8 Mining Corp, which has been expanding its cryptocurrency mining operations in Canada, entered a deal that will see it receive 42 megawatts of …

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Forks Internal Revenue Service (IRS) to Guide on Hard-Forked Cryptocurrencies Gains

Internal Revenue Service (IRS) to Guide on Hard-Forked Cryptocurrencies Gains

The Internal Revenue Service (IRS) released guidelines in 2014 stating that it would treat cryptocurrencies as assets. Since then, there has been a lot of discussions about the same. The new guidelines would mean capital gain taxes also apply to hard-forked cryptocurrencies.    The Internal Revenue Service (IRS) guidelines issued in 2014 about how to …

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News Snowden’s 2013 Leak Exposed NSA’s Bitcoin Monitoring Tricks

Snowden’s 2013 Leak Exposed NSA’s Bitcoin Monitoring Tricks

That NSA would launch the program overseas to track targets is “pernicious” according to a professor. Not only such extensive moves violate privacy but also reveal the extent to which some government-backed institutions and individuals with vested interests can go.   Some of the programs in the web and crypto world that promise users huge …

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Bitcoin Bitcoin Rises After Financial Stability Board Sent Letter to G-20 Officials

Bitcoin Rises After Financial Stability Board Sent Letter to G-20 Officials

Financial Stability Board told G-20 in a letter that cryptocurrencies do not pose any threat to global financial systems at least for now. This is because their combining market value is less than 1 percent of the global GDP. The Financial Stability Board, which a global regulation watchdog for G-20 economies, said in a letter …

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News The New Project Fragments Raises $3 Million for a Fixed Price Stablecoin

The New Project Fragments Raises $3 Million for a Fixed Price Stablecoin

The first token will be pegged on the U.S. dollar. The company says it hopes the token can be a stabilization service for utility tokens and become a stablecoin.   The search for a more stable coin that can trade in and out of government-backed currencies while still maintaining its “taste” as a cryptocurrency is …

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News MasterCard Supports Only Government Backed Cryptocurrencies

MasterCard Supports Only Government Backed Cryptocurrencies

Regulation lies at the centre of cryptocurrency —- while government of various countries ban ICOs, social and search giant also commenced following the ban the foot. But the leading financial services organisation, Mastercard is supporting cryptocurrencies as long as they are backed by Government Mastercard to deal with National digital currency – Rest other currencies …

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Bitcoin UK Declares Cryptocurrency Research Efforts for Potential Cryptocurrency Risks

UK Declares Cryptocurrency Research Efforts for Potential Cryptocurrency Risks

On Monday, junior finance minister of Britain, John Glen announced that the UK government and regulators will introduce new research aimed to flesh out the potential risks from cryptocurrencies like Bitcoin. Cryptocurrency Menaces The national regulators have warned investors and traders on the danger surrounding of a crypto market. Cryptocurrencies have been unregulated, illiquid, and …

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Mining Why Its Nvidia over Intel Processors in Cryptocurrency Mining?

Why Its Nvidia over Intel Processors in Cryptocurrency Mining?

Both companies assume very different approaches in making processors and CPU and GPU cards. Nvidia’s GPUs, though more expensive, are very popular with cryptocurrency miners, practically for the benefits they deliver in terms of profits. Nvidia and Intel both adopt different approaches in the making of processors. Nvidia says to incorporate thousands of cores in …

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Blockchain American Startup to Reward Users for Demonstrating Expertise

American Startup to Reward Users for Demonstrating Expertise

Knowledge.io, the platform calculates rewards based on the user’s knowledge and expertise of topics. The algorithm will help match users’ knowledge on topics to products and services, thus helping to optimize ad targeting by marketers and advertisers. Ohio-based Knowledge.io is an advertising platform where publishers can host content on any topic and advertisers and marketers …

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News US President Donald Trump Bans Venezuelan’s Petro Cryptocurrency for American Citizens

US President Donald Trump Bans Venezuelan’s Petro Cryptocurrency for American Citizens

On Monday, President of America, Donald Trump sanctioned an executive order to prohibit the purchase of Petro, Venezuela’s new national cryptocurrency by the American citizen or by anyone inside a US province. The Trump administration has banned the usage of the Venezuelan cryptocurrency. Previously, President Donald Trump said to be preparing to sign an executive …

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News US Federal Trade Commission Files Lawsuits on Crypto Invest Scheme Promoters

US Federal Trade Commission Files Lawsuits on Crypto Invest Scheme Promoters

Federal Trade Commission registered a complaint against two company viz. My7Network and Bitcoin Funding Team. A lawsuit was filed because they have allegedly defrauded nearly 30,000 people globally. According to the lawsuit, the operators were promoting cryptocurrency scams on social media platforms including Twitter and Youtube. Global Cryptocurrency Regulation Regulators worldwide are grappling with ways …

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Exchange Former U.S. Congressional Intern Is Helping Venezuela’s Petro Crypto Quest

Former U.S. Congressional Intern Is Helping Venezuela’s Petro Crypto Quest

Gabriel Jimenez is working with the government in a move he sees as helpful to Venezuela’s current problems. Investors have already committed to buy more than $5 billion worth of Petro cryptocurrency. U.S. is fearing that other countries facing sanctions could follow Venezuela route.   One of the persons behind the Social Us, a company …

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Mining Why Bitcoin mining is so popular in Iceland?

Why Bitcoin mining is so popular in Iceland?

Iceland and Sweden are natural choices when it comes to cryptocurrency mining operations. Their inexpensive electricity and cold climate make mining friendlier naturally. Bitcoin mining is popular in Iceland for two reasons; first, it is very cold and second it has vast amount of renewable energy and therefore lots of cheap electricity. The country, which …

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News After Facebook and Google, It’s Now Twitter Aiming to Prohibit Cryptocurrency Ads

After Facebook and Google, It’s Now Twitter Aiming to Prohibit Cryptocurrency Ads

Yes!!! You got it right, very soon Twitter is going to join Facebook and Google in breaking down on cryptocurrency ads. The ban will be against ads on ICOs, cryptocurrency and wallets. It could also include banning cryptocurrency exchange but with several exceptions. Twitter has reached on Sky’s news report on Monday that the step …

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News Ripple CEO Says Lawyers Are The “Real Winners” In Cryptocurrency Space

Ripple CEO Says Lawyers Are The “Real Winners” In Cryptocurrency Space

The CEO of the Ripple, Brad Garlinghouse has claimed that lawyers are the actual winners in the cryptocurrency space. Brad Garlinghouse, CEO of the Ripple stated that the winners in the flourishing practice of Initial Coin Offerings will exist from the legal community. Initial coin offerings or ICOs are managed by the different startups in …

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Banking/Finance BMO Restricts Credit Card Purchases with Cryptocurrencies

BMO Restricts Credit Card Purchases with Cryptocurrencies

BMO joins other banks that have banned credit card crypto purchases citing high risks and volatility. The bank is, however, among other banks working with IBM for a blockchain-based trade platform to improve security and speed of transactions. The Bank of Montreal (BMO) customers will no longer purchase digital currencies using BMO Mastercard credit cards. …

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Blockchain NITI Aayog is working on a national blockchain project

NITI Aayog is working on a national blockchain project

NITI Aayog will first identify areas where the blockchain technology will be implemented. And then a national strategy on the use of blockchain will be developed. It is consulting with various ministries on the same NITI Aayog to plan Blockchain Technology Strategy India’s national premier think tank NITI Aayog is looking to implementing blockchain in …

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Exchange Circle launches crypto exchange in US, to expand in Asia

Circle launches crypto exchange in US, to expand in Asia

Circle is making great strides to expand after acquiring Poloniex exchange and is moving to the U.S through a new app “Circle Invest”. The app will let users trade a variety of crypto assets.   Circle Invest – Crypto App for Investors The circle has launched a new crypto exchange app called Circle Invest, moments …

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Exchange Startup Backed by Goldman Sachs Circle Is Hiring to Explore Globally

Startup Backed by Goldman Sachs Circle Is Hiring to Explore Globally

The startup recently acquired Poloniex crypto exchange and plans to expand its services globally, starting with Asia. The Circle is optimistic on cryptocurrency and says it wants to add more market options for traders. Circle Internet Financial Ltd., a mobile-payments firm which recently announced that it has acquired Poloniex cryptocurrency exchange. It is planning to …

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Ethereum Loom Network Allows Deployment of Ethereum Apps on Ethereum Network

Loom Network Allows Deployment of Ethereum Apps on Ethereum Network

Loom Network is the first production-ready platform that could increase the capacity of Ethereum network and leapfrog ongoing efforts such as Raiden Network and Plasma. However, the security drawback is because it is centralized.   Loom Network has released what could be a production-ready solution to Ethereum’s current scaling problems. It allows the deployment of scalable …

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Bitcoin Grayscale launches four new cryptocurrency-related investment funds

Grayscale launches four new cryptocurrency-related investment funds

Grayscale’s new funds will allow people to invest in price movements for the various popular cryptocurrencies. It includes Bitcoin Cash, Ether, Litecoin and Ripple’s XRP, in addition to Bitcoin. The company also runs the Digital Large Cap Fund that allows investment for a combined basket of cryptocurrencies. Grayscale is adding four new cryptocurrency investment funds …

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Blockchain Huobi to Partner with Digitalx100 in Raising Crypto Startups

Huobi to Partner with Digitalx100 in Raising Crypto Startups

The blockchain startups to grow bigger and faster. The move follows cancellation of a partnership between Huobi and SBI Holdings to launch cryptocurrency exchanges in Japan.   Huobi Labs, the incubator arm of Huobi, has entered into a partnership with Washington D.C.-based blockchain to help blockchain companies around the world and accelerate their development. Founder of …

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Bitcoin Coinfloor to Launch Physically Settled Bitcoin Futures Next Month

Coinfloor to Launch Physically Settled Bitcoin Futures Next Month

With the new futures contracts, the traders will deliver the underlying Bitcoins after settlement. The contract differs from the cash-settled futures contracts from CBOE and CME Group and other players. Coinfloor will launch a futures exchange and the first physically delivered Bitcoin futures contracts next month. The physically delivered contracts will help liquidity providers to …

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News New York to Collect Tax for Cryptocurrency Mining

New York to Collect Tax for Cryptocurrency Mining

New York making a hard stance on cryptocurrency for saving high electricity bills produced from cryptocurrency mining operations. The state is ill-fame for its stiff attitude on cryptocurrency ever since the introduction of Bitlicence. Recently, though it struck a big indenture with a Bitcoin mining company called Coinmint who had made $165 million. A change …

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Exchange South Korean Prosecutors Raided 3 Cryptocurrency Exchanges

South Korean Prosecutors Raided 3 Cryptocurrency Exchanges

South Korean prosecutors raided three cryptocurrency exchanges suspecting misappropriation of user funds. According to the local news reports, South Korean prosecutors are considering three cryptocurrency exchanges in doubt of purchasing Bitcoin with money they stole from customer’s accounts. Exchange staff and executives are suspects of diverting money from the account of users to their personal …

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Blockchain Beer maker Anheuser-Busch company takes blockchain for shipping

Beer maker Anheuser-Busch company takes blockchain for shipping

The consortium of companies joined among others Maersk and Japanese shipping firm Mitsui OSK Lines working with IBM for blockchain solutions. The results of the test of the piloting show that the technology can cut down costs and improve supply chain visibility.     Shipping companies have been experimenting on blockchain and the latest entry is …

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News Google to Crackdown Crypto-Related Ads in the Coming Months

Google to Crackdown Crypto-Related Ads in the Coming Months

Google follows steps by Facebook which banned ads from cryptocurrency-related operations including ICOs and binary options. Its ban takes effect this coming June. Google is next after Facebook to crack down on crypto-related ads according to their latest announcements. It says in its annual “trust and safety” ads report that many companies advertising binary options, …

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ICO John Mcafee Is Now Offering Advice to a Cryptocurrency Startup

John Mcafee Is Now Offering Advice to a Cryptocurrency Startup

John McAfee is advising CryptoSecure, which is working on a blockchain-based hack-proof solution. Key Capital, the company leading development at the blockchain startup, had its shares shoot by 400 percent after the announcement.   John McAfee of the McAfee antivirus is back again in the crypto arenas, this time advising a cryptocurrency startup called CryptoSecure …

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Exchange Electronic Frontier Foundation (EFF) Adds Bitcoin Cash as a Payment Option

Electronic Frontier Foundation (EFF) Adds Bitcoin Cash as a Payment Option

Electronic Frontier Foundation joins many other companies that added Bitcoin Cash as a payment option. Microsoft, Tor and Overstock.com also accept Bitcoin and Bitcoin Cash payments. Electronic Frontier Foundation (EFF) is the latest of the many organizations to list Bitcoin Cash as a payment option. The company has been accepting Bitcoin, Credit Card and PayPal …

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Banking/Finance Chief of Taiwan’s central bank restraints over cryptocurrencies

Chief of Taiwan’s central bank restraints over cryptocurrencies

Yang Chin-long, the new governor of Taiwan’s central bank said speculation has taken over from cryptocurrencies’ original role as a payments tool.  Earlier, Yang Chin-long while still as a deputy chief of Taiwan’s central bank stated that the banks are commencing the estimations of the advantages and trials of virtual currencies backed by several central banks. …

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Exchange Coinbase Deals with Barclays Bank Account and UK’s Money License

Coinbase Deals with Barclays Bank Account and UK’s Money License

One of the largest cryptocurrency exchange, Coinbase has two updates to share, firstly, the UK’s Financial Conduct Authority (FCA) has granted an e- money license. Another update is that Coinbase is the first ever crypto exchange to support quick payment scheme in UK. The FCA’s license will allows Coinbase to issues e-money and provide quick …

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News Philippines Lawmaker Intensifies Penalty for Crypto Crimes

Philippines Lawmaker Intensifies Penalty for Crypto Crimes

Philippine Senator Leila de Lima geared up to introduce the tougher penalties for taking part in cryptocurrency related crimes. An opposition Senator in the Philippines, Leila de Lima issued a bill to impose stringent penalties for involving in virtual currencies like Bitcoin. According to Senate Bill (SB) No. 1694 released in a March 13 press …

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Bitcoin A Paycheck Could Be In Cryptocurrency For Employees Shortly

A Paycheck Could Be In Cryptocurrency For Employees Shortly

A large number of companies are stepping ahead to paycheck their employees with cryptocurrency. Hence, the concept might be alluring to some organizations. But, there are numerous adversities for the extensive adoption of such prospects. Employees who add their income on digital apps and work on their schedule can dwell in a dynamic way than …

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Mining Monero Mining Calendar App Disappears from Apple App Store

Monero Mining Calendar App Disappears from Apple App Store

A famous calendar app for the Mac has disappeared from the Apple’s App Store for the mining cryptocurrency without the permission of users. Calendar 2, Apple’s free Mac application Calendar has vanished from the App store after addition of an option that enables users to mine cryptocurrency, to crack premium features. A story by Ars …

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Bitcoin Every day counts $9 million Cryptocurrency Scam

Every day counts $9 million Cryptocurrency Scam

Most of the funds or about 22 percent was lost through fraud in the first two months of this year. If the trend continues, cryptocurrency projects would lose more than $3 billion by the end of this year. Bitcoin.com website has found out in their recent investigation that fraudsters stole $1.36 billion worth of cryptocurrencies …

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News Winklevoss Twins Takes on Cryptocurrency Self-Regulation

Winklevoss Twins Takes on Cryptocurrency Self-Regulation

The Virtual Commodity Association will have regulations about information sharing, cybersecurity and fiscal responsibility. Members will have to comply to these regulations to remain members. The two brothers see it as the next step in the maturation of crypto markets Winklevoss twins have proposed to create Virtual Commodity Association, a self-regulating organization that would police …

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Banking/Finance European Central Bank Says Bitcoin May Not a Future of a Cashless Society

European Central Bank Says Bitcoin May Not a Future of a Cashless Society

The two revive the debate about possibility of central bank backed cryptocurrencies. On a note, they can improve on the challenges of centralized banking systems as exposed by Bitcoin and other cryptocurrencies. Bank for International Settlements (BIS) also said central bank backed are a possibility but could drain banks’ digital resources in times of financial …

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Exchange Square Applies for a Bitlicense to Extend Bitcoin Trading to New York

Square Applies for a Bitlicense to Extend Bitcoin Trading to New York

Square started testing Bitcoin trading features last year and rolled out for more customers in December. It excluded four states with strict regulations. However, users in Wyoming can also trade on the app following passage of regulations that favor crypto services. Digital payments company Square confirmed on Twitter on Tuesday that they want a license …

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Bitcoin Thomas Reuters debuts Bitcoin Sentiment System for crypto investors

Thomas Reuters debuts Bitcoin Sentiment System for crypto investors

Thomas Reuters Corp with partnering Marketpsych Data LLC, launches a new version of its Marketpsych Indices (TRMI). It helps to scan over 400 cryptocurrencies website to detain market views and themes. Also, the sentiment data feed paves the way to analyse bitcoin market sentiment. The information and mass media firm, Thomas Reuters can be a …

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Exchange Reis & Irvy Inc Commenced to Accept Cryptocurrency Payments

Reis & Irvy Inc Commenced to Accept Cryptocurrency Payments

Customers of Coinbase will be able to pay for the products by scanning code on the Coinbase wallet. The company will accept payment in a variety of cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Reis & Irvy Inc will be the first to accept cryptocurrency in exchange for a range of frozen yogurt and …

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Exchange Binance Crypto Exchange Is Offering US $250,000 Bounty for Hackers’ Tip-Offs

Binance Crypto Exchange Is Offering US $250,000 Bounty for Hackers’ Tip-Offs

Binance has also created a kitty for future bounties and calls on other platforms to do so saying that this will prevent hacking activity. The exchange suffered hacking threats to its trading bots last week although it says all funds are safe.   Binance is offering a US$250,000 bounty to anyone with information leading to …

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Bitcoin South Korea’s Millennials Are Holding up More in Bitcoin Investments

South Korea’s Millennials Are Holding up More in Bitcoin Investments

More millennials are dealing with Bitcoin and cryptocurrencies in South Korea than in the United States. 70 percent of those surveyed in all age groups say they are using it as an investment. Older people are investing more money in cryptocurrencies in terms of total value. Korea Financial Investors Protection Foundation has reported that one …

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Mining City of Plattsburgh Proposes a Moratorium on Cryptocurrency Mining Farms

City of Plattsburgh Proposes a Moratorium on Cryptocurrency Mining Farms

The moratorium will affect large mining farms using more than 250-kilowatt hours and exclude hobbyists. The city is set to welcome many mining farms due to lower electricity rates but this would put pressure on utility forcing it to but more costly power in the market. The city of Plattsburgh is proposing an 18-month moratorium …

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Ethereum Vitalik Buterin Unveils Plasma Scaling for Ethereum

Vitalik Buterin Unveils Plasma Scaling for Ethereum

Users will not need to download entire plasma history hence the amount of data to be downloaded less. This will increase computational potential. It can also help protect exchanges against massive hacking Ethereum unveiled a scaling solution for Plasma, targeted at improving the computational potential of its blockchain. Founder of Ethereum Vitalik Buterin revealed the …

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ICO Venezuelan President: Petro Cryptocurrency Earned $5 Billion During Pre-Sale

Venezuelan President: Petro Cryptocurrency Earned $5 Billion During Pre-Sale

The president of Venezuela, Nicolas Maduro said Petro cryptocurrency had raised $5 billion during Pre-ICO. He also noted that this cryptocurrency had strengthened the country’s international reserves. The Petro, the world’s first national cryptocurrency developed by the government of Venezuela made available in pre-sale through an ICO. Formerly, Venezuelan president Nicolas Maduro said that it …

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Bitcoin Blockrize Chose Cryptocurrency Rewards over Typical ‘Cash Back’

Blockrize Chose Cryptocurrency Rewards over Typical ‘Cash Back’

Blockrize, San Francisco based startup intends to reward its customers with the cryptocurrency of their choice for purchase.  The CEO of Blockrize credit card, Thomas Harrison will provide fee-free cryptocurrency to the value of 1% rewards for each purchase made in the form of Bitcoin (BTC) and Ethereum (ETH). This will be added to the …

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Bitcoin Is 2018 Will Be the Year of Cryptocurrency Enforcement?

Is 2018 Will Be the Year of Cryptocurrency Enforcement?

It is expected that 2018 will be the year of blockchain technology. Meantime, there will be some growing barriers for the startups because of the cryptocurrency enforcement.  In the year 2017, we have been observed considerable speculation about cryptocurrencies. Along with other virtual currencies, Bitcoin almost reached the top with the price of $19,000. However, …

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Bitcoin Barcelona-Based Shoe-Maker Sees Hope in Cryptocurrency

Barcelona-Based Shoe-Maker Sees Hope in Cryptocurrency

Tiago Maximo who owns Urban Shepherd boots wants to try accepting Bitcoin payments for his sales in addition to expanding the business online. Tiago Maximo who runs the Urban Shepherd boots business says his profits are minimal given the high charges by banks and credit card terminals when doing transactions. The company makes traditional Portuguese …

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Mining New space heater from Quarnot mines cryptocurrency to pay for itself

New space heater from Quarnot mines cryptocurrency to pay for itself

The Quarnot C1 costs a lot but it is innovative and usable in home environments. It does not pack a hard drive or OS but is controlled via phone to mine cryptocurrencies. A recently launched Quarnot’s QC1 heater not only helps keep your house warm and more livable during winter months but could also pay …

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Forks Monero V will be forked on April 30 with mining features

Monero V will be forked on April 30 with mining features

Monero V will be forked out of Monero and will have mining features. The date was postponed due to a number of issues including problems with storing the coins locally. Also, the problems with software updates and need for more time to check privacy issues.   Monero V, a fork of Monero is on way! …

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Blockchain IBM Has at Least 63 Blockchain Clients Including Walmart, Visa, HSBC, and Nestle

IBM Has at Least 63 Blockchain Clients Including Walmart, Visa, HSBC, and Nestle

25 customers operate in the global trade, 14 in food tracking and 14 in global payments. Companies can use their permission blocks to have just part of the information viewable in public domain. Walmart, Visa, HSBC, and Nestle are some of the IBM’s 63 blockchain clients according to their update to investors on Thursday. Together …

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Exchange Winklevoss Twins: Gemini Exchange to add in Bitcoin Cash and Litecoin

Winklevoss Twins: Gemini Exchange to add in Bitcoin Cash and Litecoin

Gemini’s addition of Bitcoin Cash and Litecoin might mean their Bitcoin futures partner CBOE will also move on with expansion. The Winklevoss said they are pleased with the latest move by SEC to require crypto exchange platforms to register with SEC. Crypto trading platform Gemini Exchange, Winklevoss twins, the owners will add Bitcoin Cash and …

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News Regulators Are Looking at Cryptocurrencies More Favorably but Cautiously

Regulators Are Looking at Cryptocurrencies More Favorably but Cautiously

SEC and CFTC gave a presentation to a congress committee where they called for a need to have coordinated efforts in coming with viable regulation. Both alluded to the need for a regulation to curb misuse of the innovation. Regulators in the U.S. have repeatedly alluded to the need for appropriate regulation on ICOs, cryptocurrencies …

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Bitcoin World’s Ultra Rich Are Increasingly Investing in Cryptocurrencies

World’s Ultra Rich Are Increasingly Investing in Cryptocurrencies

The worlds ultra-rich invest their wealth into the cryptocurrency marketplace, although indistinct of term cryptocurrency says Wealth Report survey by Knight Frank.  According to the latest annual Wealth Report survey by Knight Frank, around 21 percent of the wealth consultants and private financiers said their clients intensified investment in cryptocurrency in 2017. This is an …

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Mining AFP Officers Probed Two IT Employees for Illegally Mining Cryptocurrencies

AFP Officers Probed Two IT Employees for Illegally Mining Cryptocurrencies

Australian Federal Police held two IT staff from the Australian Bureau of Meteorology for allegedly mining cryptocurrencies using the organization’s robust computers. According to the report, Australian Federal Police questioned two Bureau of Meteorology employees for using bureau’s computers to mine cryptocurrencies. AFP officers produced a warrant at the bureau’s Collins Street headquarters in Melbourne …

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Ethereum New Jersey Issued Cease-And-Desist Order to Steven Seagal

New Jersey Issued Cease-And-Desist Order to Steven Seagal

State of New Jersey Bureau of Securities has released a cease-and-desist order to an ICO endorsed by film actor Steven Seagal.  A few days ago, Steven Seagal, American actor, and martial arts expert praised a potentially imprecise cryptocurrency startup called Bitcoiin. Bitcoiin is an Ethereum based token that is not associated with Bitcoin but promotes …

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Mining 400k Windows PCs Targeted to Install Crypto Mining Malware

400k Windows PCs Targeted to Install Crypto Mining Malware

The malware tried to replace legitimate Windows platform processes on users’ machines by injecting or infecting them with illegal code. It could then return them to masquerade as legitimate processes while mining cryptocurrency. Microsoft says most of the attacks took place in Russia.  A massive Dofoil Trojan attack this week targeted to install crypto mining …

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ICO SEC CEO Jay Clayton Ensures They Adhere with Securities Laws

SEC CEO Jay Clayton Ensures They Adhere with Securities Laws

SEC believes cryptocurrencies are here to stay and wants to open dialogue with leaders in the space regarding regulation. Chairman Jay Clayton has asked ICOs and crypto companies to comply with a law saying they are watching them Many ICOs and cryptocurrencies so far held or being held can be categorized as securities according to …

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Mining Brazil Regulators Suspends Hashbrasil Mining Company

Brazil Regulators Suspends Hashbrasil Mining Company

HashBrasil announced a suspension of their activities on March 1 following the threats. Regulators in Brazil have said cryptocurrencies are not a financial asset and direct investment and therefore disallows. HashBrasil, a local bitcoin mining investment now stands suspended by the Securities and Exchange Commission of Brazil (CVM) because of offering securities to the public …

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Bitcoin Twitter Attempting to Halt Cryptocurrency Scams Amidst Little Polices

Twitter Attempting to Halt Cryptocurrency Scams Amidst Little Polices

Cryptocurrency scams are still popular on Twitter. Scammers are now stealing from people by pretending to be famous companies and individuals in the crypto space. Jack Dorsey has said Twitter is fixing the problem Cryptocurrency scams with verified Twitter accounts are still commonplace. For instance, Buzzfeed highlighted a case targeting The latest twist relates to …

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ICO Estate of Wu-Tang Clan Rapper Ol’ Dirty Bastard to Launch Cryptocurrency

Estate of Wu-Tang Clan Rapper Ol’ Dirty Bastard to Launch Cryptocurrency

Wu-Tang Clan is taking a second shot on cryptocurrencies after last year’s launch of Cream Capital. However, which did not manage an ICO finally. The crypto will support rapper son’s album launch and be using to buy merchandise and access events  The estate of the late Wu-Tang Clan rapper Ol’ Dirty Bastard is teaming up …

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Exchange Binance CEO Changpeng Zhao: ‘All Funds Are Safe’

Binance CEO Changpeng Zhao: ‘All Funds Are Safe’

Binance CEO Changpeng Zhao announced the irregular trades have been determined and will be reversed. He also addressed users to secure their accounts against future phishing attacks. On Wednesday, Binance, the renowned cryptocurrency exchanges in the world by volume has been hacked. Binance users complained about Reddit and Twitter by stating their altcoins had been …

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Banking/Finance Ripple Powered Mobile App Can Provide On-Demand Payments in Japan

Ripple Powered Mobile App Can Provide On-Demand Payments in Japan

Japan Bank Consortium to release Ripple powered mobile app for on-demand domestic payments in Japan. It will be launched by 67 banks and seeks to remove friction in the current domestic payment markets in Japan. It will also facilitate cross-border payments and make them cheaper, faster and more secure The Japan Bank Consortium will use …

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Mining 725 Percent More Domains Now Running Crypto Mining Scripts

725 Percent More Domains Now Running Crypto Mining Scripts

Crypto mining activity over the web scripts doubled last year compared to 2016. It also increased in December and January. More companies in the entrepreneur or business environment are on target. Cyren Security Lab has found a 725% increase in the number of domains running crypto mining scripts in one or more of their pages …

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Bitcoin North Korea Uses Cryptocurrency Operations to Us Sanctions: Priscilla Moriuchi

North Korea Uses Cryptocurrency Operations to Us Sanctions: Priscilla Moriuchi

Former agent Moriuchi says they know from defector testimony that the country has crypto operations in various countries. She says they do not see the sale of North Korea’s Bitcoin mining operations Priscilla Moriuchi, a former top National Security Agency official, says U.S.’s sanctions on physical products from North Korea. It won’t stop the country’s …

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Exchange Paypal Files Patent for Expedited Cryptocurrency Transaction System

Paypal Files Patent for Expedited Cryptocurrency Transaction System

The system is meant to eliminate latency or delay in confirming cryptocurrency transactions.  PayPal has filed a patent for a system related to Bitcoin and which targets at expediating virtual currency transactions and improving anonymity. The “expedited cryptocurrency transaction system” filed with the US Patent and Trademark Office. It describes a system that creates primary …

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Exchange BTCXIndia and ETHEXIndia stopovers cryptocurrency trading

BTCXIndia and ETHEXIndia stopovers cryptocurrency trading

The two stopped accepting deposits as early as January 1 and asked clients to withdraw funds by March. BTCXIndia will now focus on blockchain consultancy services hoping the government will learn the benefits of blockchain and adopt viable regulations BTCXIndia and ETHEXIndia cryptocurrency exchanges have both suspended cryptocurrency trading on their platforms starting this Monday …

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Blockchain Walmart Wants to Use Blockchain Technology for Smarter Shipping

Walmart Wants to Use Blockchain Technology for Smarter Shipping

Walmart to use the “smart package” innovation will work with other innovations such as “autonomous vehicles” and drones. It improves on package security and package tracking. Walmart wants to use blockchain to make shipping of packages smarter by way of better tracking. The company details an original package that uses blockchain to record information about …

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Banking/Finance Singapore-based KaratBank creates a cryptocurrency bound to physical gold

Singapore-based KaratBank creates a cryptocurrency bound to physical gold

KaratBank crypto is reportedly pegged on the value of the gold from CashGold, but suspicions of scam are surfacing. For instance, the company was ban in Canada in 2014. It is currently holding a pre-ICO. KaratBank has launched KaratBank Coins (KBC), crypto pegged on gold. The company is a sister company of Germany-based KaratBars International …

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Blockchain Porsche is first to integrate blockchain technology in cars

Porsche is first to integrate blockchain technology in cars

Porsche blockchain project might offer insights on how blockchain will be used for autonomous cars in the future. Volkswagen and IOTA are also working together on a blockchain project. The blockchain is also being apply to the improving supply chains by various companies SUV manufacturer Porsche, which is also a division of Volkswagen became the …

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News Mexico’s Lower House of Congress Aims Crypto Regulations via Fintech Bill

Mexico’s Lower House of Congress Aims Crypto Regulations via Fintech Bill

Mexico wants to regulate cryptocurrencies through a bill that is now set for the final signing by the president to become law. The regulation gives central bank sweeping powers to decide which cryptocurrency trades in the exchanges.  Mexico is now part of the few countries that have so far put into place new legislation meant …

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