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

Banking/Finance Toronto-Dominion Bank Restricts Crypto Purchase Using Credit Cards

Toronto-Dominion Bank Restricts Crypto Purchase Using Credit Cards

The financial institution, Toronto-Dominion Bank (TD Bank) has stopped its customer from using credit cards to make cryptocurrency purchase. In a recent post, Toronto-Dominion Bank is not allowing its customers to make crypto purchase through credit cards. However, it conducts a review and valuation of the “evolving market” and is in line with enhancing policy …

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Blockchain California Bill to Recognize Blockchain Records

California Bill to Recognize Blockchain Records

California joins other states with the same bills or laws including Arizona, Vermont, and Florida. Arizona State has measures recognizing legality of crypto for tax purposes Blockchain records, smart contracts, and digital signatures will soon become legal forms of record. This may happen if a new bill before California State Assembly becomes law. These records …

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Bitcoin Upcoming Forks Are Likely to Generate Interest in Cryptocurrencies

Upcoming Forks Are Likely to Generate Interest in Cryptocurrencies

Forks for significant or popular coins are hard to resist for holders and crypto enthusiasts. For one because their prices go up shortly after the fork riding on original coin popularity. Secondly, holders of original coin get free baby coins after a fork Five forks that coming in the next 90 days will generate more …

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Blockchain Blockchain Technology Can Improve Gun Control

Blockchain Technology Can Improve Gun Control

A blockchain-based electronic gun safe associates with the gun owner’s personal information. Change of ownership happens in a similar way a transaction occurs on blockchain including verification. Thomas Heston, who is a public health professor at Washington State University, last year the idea of tracking of firearms using a blockchain-based databased. This is another indication …

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ICO Tezos Foundation appoints two new members to its board

Tezos Foundation appoints two new members to its board

The replacement of members is not the first since infighting in the startup since last year after ICO.  The Founders stepped down as a member in support for Tezos foundation. Tezos has new members on its Tezos Foundation board. Ryan Jesperson and Michel Mauny will replace Johann Gevers and Diego Olivier Fernandez Pons who stepped …

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News Philippine Bill to Impose Penalties for Crimes Involving Cryptocurrencies

Philippine Bill to Impose Penalties for Crimes Involving Cryptocurrencies

The Philippine country has no official regulation for cryptocurrencies and relies on advisories from SEC and BSP. SEC said some cryptocurrencies fall under securities categorization. A bill before the 17th Congress is seeking to increase penalties to criminality involving cryptocurrency. Congress received the law on February 14. If it becomes law, the penalty will be one …

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Exchange Largest Homebuilders in Northern Ireland Is Now Accepting Bitcoin Payment

Largest Homebuilders in Northern Ireland Is Now Accepting Bitcoin Payment

For the very first time, the most massive homebuilders firm in Northern Ireland is ready to accept the cryptocurrency Bitcoin. The firm is known as Ballyclare-based Hagan Homes.  The payment system that allows a peer to peer transactions has emerged worldwide. Now one of the largest homebuilders in Northern Ireland is accepting Bitcoin. Considerably, it …

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Bitcoin Bitcoin’s Transaction Fee Has Been a Crisis for Bitcoin Network- Ends up now

Bitcoin’s Transaction Fee Has Been a Crisis for Bitcoin Network- Ends up now

The transaction fees are falling partly because of continuing adoption of SegWit, and fewer people trading Bitcoins. However, it remains to be seen if the price will continue remaining low Bitcoin community may be having the best day ever following the reduction of transaction fees. The price is falling since mid-January. It is now less …

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Bitcoin Bitcoin is unreliable for transactions now given its volatility, says PayPal CFO

Bitcoin is unreliable for transactions now given its volatility, says PayPal CFO

John Rainey says one of the challenges in digitizing payment is that 95 percent of payments are in cash form. Cryptocurrency is not likely to replace cash in near future PayPal CFO John Rainey says cryptocurrency and Bitcoin are very likely to become popular as a payment method because it has real merits to it. …

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Mining Tesla Amazon Cloud Account Hijacked to Mine Cryptocurrency

Tesla Amazon Cloud Account Hijacked to Mine Cryptocurrency

RedLock, a cybersecurity firm, says 58 percent of businesses expose their cloud services to the public. Eight percent of these are victims of a cryptojacking attack. In which Tesla’ Amazon cloud account was hijacked. Tesla, the company which is pioneering electric cars, was targeted in the cryptojacking attack. Hackers hijacked an administrative console of Tesla’s …

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Bitcoin Venezuela Launches Its Oil-Backed Cryptocurrency Petrocoin to Save Economic Crisis

Venezuela Launches Its Oil-Backed Cryptocurrency Petrocoin to Save Economic Crisis

The country is heavily dependent on crude oil. Launching the cryptocurrency is an effort to ease effects of August 2017 sanctions CRYPTO REVOLUTION IN VENEZUELA Petrocoin, Venezuela’s new oil-backed digital currency could be the only hope to pull the country out of economic crisis. According to estimate, 1 Petro coin is worth $60 with about …

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Exchange Police Hunting Bitcoin Traders in Bangladesh

Police Hunting Bitcoin Traders in Bangladesh

The country’s security organs held meetings about the issue and arrested some Bitcoin traders. The authorities notified banks to be vigilant   Bitcoin trading is illegal in Bangladesh, but the cryptocurrency trading is still rampant. Many freelancers, cricketers, celebrities and international travelers are dealing in Bitcoin. This is according to the Bangladesh Financial Intelligence Unit (BFIU). …

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Exchange Bitfinex Exchange Adopts SegWit Upgrade Following Coinbase Announcement

Bitfinex Exchange Adopts SegWit Upgrade Following Coinbase Announcement

One of the most significant cryptocurrency exchanges, Bitfinex added support for SegWit upgrade. According to the Bitfinex, the implementation of SegWit benefits its user from lower BTC withdrawal fees and faster the transaction process time. Bitfinex supports SegWit The Hong Kong based cryptocurrency exchange, Bitfinex has announced on Twitter to support SegWit. The adoption aims …

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ICO Hollywood actor Steven Seagal is Become the BRAND AMBASSADOR OF BITCOIIN2GEN

Hollywood actor Steven Seagal is Become the BRAND AMBASSADOR OF BITCOIIN2GEN

Hollywood action film star Steven Seagal has become the brand ambassador of the Bitcoiin2Gen. Today, Segal announced his engrossment with ‘Bitcoiin’, a token made on the Ethereum and has nothing to do with Bitcoin. Behind Bitcoiin ICO Steven Seagal is a man of miscellaneous character whose spiritual trust and mortality are woven into every aspect …

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Blockchain RMIT Australian University offers “Developing Blockchain Strategy” blockchain course

RMIT Australian University offers “Developing Blockchain Strategy” blockchain course

In an emerging crypto industry, Blockchain is the technology which is behind cryptocurrencies. To bridge up the skills gap, the Australian University, RMIT is offering course on Blockchain for eight weeks.  Australians to obtain Blockchain course – RMIT announced An Australian University, RMIT has launched Australia’s first university Blockchain course. It is an eight-week short …

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News Ranking officer in charge of Seoul crypto regulation found dead

Ranking officer in charge of Seoul crypto regulation found dead

An official in charge of devising measures against cryptocurrency speculation was found dead in Seoul this Sunday. The likely cause of death is heart attack according to media reports. Additionally, police are already investigating the cause of death of the officer attached to Office for Government Policy Coordination. He was in his 50s. Colleagues say …

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Bitcoin An Unknown Individual Bought 96,000 Bitcoins When Price Was Slump

An Unknown Individual Bought 96,000 Bitcoins When Price Was Slump

The unknown individual brought bitcoin which was worth more than one billions, i.e., 96000 bitcoins during the recent crash. An unknown individual bought 96,000 Bitcoins during the recent crash. This is according to a Tweet by Andy Hoffman, who is a crypto consultant. Hoffman announced on Twitter that the purchase price was $8,000 per Bitcoin. …

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Bitcoin Mark Carney, Boe Chief Says “Bitcoin Failed as Currency”

Mark Carney, Boe Chief Says “Bitcoin Failed as Currency”

Bank of England- BoE is not in a row to embrace cryptocurrencies. Mark Carney, BoE’s chief said that bitcoin failed as a currency by standards. It’s neither a store of value nor its value is unstable to make a purchase.  BoE is no rush to Grip on Bitcoin Seeing the highest flexibility in a price …

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Bitcoin Satoshi Labs Introduces New Trezor Bridge as Communication Tool

Satoshi Labs Introduces New Trezor Bridge as Communication Tool

Presenting The New TREZOR Bridge SatoshiLabs, creator of the most secure cryptocurrency hardware wallet, Trezor has released an announcement on releasing new Trezor Bridge. It is a further communication tool that streamlines connection between your TREZOR and your internet browser. Trezor Bridge with more modern code Trezor is the big hardware Bitcoin wallet released in …

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Bitcoin Gambling Tycoon to Build a $100m Bitcoin-Funded Antiguan Resort

Gambling Tycoon to Build a $100m Bitcoin-Funded Antiguan Resort

Calvin Ayre, Bitcoin multi-millionaire, and gambling build a five-star resort of $100 million on Antigua’s Valley Church beach. The whole project will fund from cryptocurrencies. Gambling and Bitcoin multi-millionaire Calvin Ayre is building a $100m five-star resort on Antigua’s Valley Church beach. Funding for this project will come entirely from cryptocurrencies, he says. Additionally, work …

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News CFTC instructing to duck pump-and-dump schemes

CFTC instructing to duck pump-and-dump schemes

The U.S derivatives regulator (Commodities Future Trading Commission) issued a warning against potential investors on Thursday regarding cryptocurrency “pumps-and-dumps” scams. The main intention of such schemes is to force investors by inflating the price of digital tokens through bogus information. Commodities Future Trading Commission to protect Investors against pump-and-dump schemes Some of the pump and dumps …

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Bitcoin Australian Boost Juice is giving each bitcoin for four weeks

Australian Boost Juice is giving each bitcoin for four weeks

The Australian juice company Boost is giving away four Bitcoins, once a week, for consecutive four weeks to those who buy juice and enter a code in the Boost app in Android and iOS version. How to Win Bitcoin on Australian Boost Are you in Australia? Well!! You could just enter Boost Juice’s competition and …

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News US Government to Emphasize on Cryptocurrency Risks Before Bitcoin Regulations

US Government to Emphasize on Cryptocurrency Risks Before Bitcoin Regulations

Rob Joyce, White House cybersecurity coordinator and special assistant to the president told US government is nowhere close to Bitcoin regulations. At Munich Security Conference in Germany, he highlights on the better understand the cryptocurrency risks and benefits before undertaking regulatory rules. Speaking with CNBC on Friday, Rob Joyce, special assistant to the president and …

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News Switzerland’s Finance Regulator to look some ICO as securities

Switzerland’s Finance Regulator to look some ICO as securities

Swiss Finance Regulator will treat some tokens from Initial Coin Offerings as securities. The announcement came amid in surge of inquiries to regulate ICOs launching in Switzerland. Regulator’s guidelines explain how ICOs will be regulated in future. The announcement comes in the wake of ICO spike and the inquiries to regulate crowdfunding in Switzerland. The post reads; “The guidelines define …

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Banking/Finance Bank of America has more number of patents filed

Bank of America has more number of patents filed

Bank of America is the company that has a number of patents than any other. It is in many bitcoiners’ view that is opposite of everything decentralized currency. According to Bitcoin patent report, Bank of America (BofA) has filed 45 numbers of a patent. However, 50 percent or 910 patents in cryptocurrencies come from China. …

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Exchange Visa and Worldpay Confirms Coinbase Wasn’t at Fault for Overcharging

Visa and Worldpay Confirms Coinbase Wasn’t at Fault for Overcharging

The cryptocurrency exchange, Coinbase has been accidentally overcharging customers. The customers started pouring complains that they have been charging double, triple and overcharging too. Bitcoin price hit above $10,000 for the first time in a month since a crash from last month. However, Coinbase customers started complaining of double-charging and sometimes triple-charging or overcharging several …

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Exchange U.S. Luge Olympians Request Bitcoin to Fund Gold Medal Dreams

U.S. Luge Olympians Request Bitcoin to Fund Gold Medal Dreams

USA Luge, the team representing United States at the 2018 Winter Olympics in PyeongChang, is now accepting Bitcoin donations. USA Luge, the team, representing the United States at the 2018 Winter Olympics in PyeongChang. It is accepting Bitcoin donations to support their training and travel to Winter Olympics games. The team received $6,200 worth of …

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Bitcoin Fidelity Charitable Received $69 Million Worth of Crypto Donations Last Year

Fidelity Charitable Received $69 Million Worth of Crypto Donations Last Year

Last year through Fidelity Charitable, donors contributed approximately $70 million in Bitcoin and other cryptocurrencies to their preferred causes. Fidelity Charitable received about $4.5 billion worth of donations last year. This represents an 83% year-over-year increase in new donors according to their latest report. Part of the contribution was $69 million given in the form …

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Bitcoin Divorcing Couple Fighting for Control of $830k Worth of Bitcoins

Divorcing Couple Fighting for Control of $830k Worth of Bitcoins

Divorce is never fun. Since there are very few cases to date that unhappy couples have squabbled over altcoins. A divorcing couple is fighting for control of Bitcoins worth a total of $830,000. It is not the only case that Royds Withy King is addressing about cryptocurrency. The two are “seeking the disclosure and a …

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News Saudi Bank to Use Ripple’s Xcurrent for Cross-Border Payments

Saudi Bank to Use Ripple’s Xcurrent for Cross-Border Payments

Saudi central bank will be the first of its kind in the region to use Ripple blockchain. Ripple announced the bank will use the xCurrent network to facilitate cross-border payments. xCurrent will instantly settle payments sent in and out of the Kingdom of Arabia. This will add greater transparency and lower costs according to the …

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News Spanish Party to Lure Blockchain Firms by Considering Tax Incentives

Spanish Party to Lure Blockchain Firms by Considering Tax Incentives

People’s Party is planning on a regulation that will allow the party to use tax breaks to attract investors in the blockchain technology. The law is in preparation stages. They are planning to have it ready this year, said Teodoro Garcia Egea, the lawmaker who is preparing the bill. He said the new move is …

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News Cryptocurrency Industry in Japan is launching a self-regulating body

Cryptocurrency Industry in Japan is launching a self-regulating body

Two cryptocurrency industries in Japan are aiming to form a self-regulating body. By April, the Japan Blockchain Association and the Japan Cryptocurrency Business Association could unite. To overcome the theft of $530 million of digital money, it aims to better safeguard the investors. Two cryptocurrency industry groups are forming a self-regulating body According to sources, the …

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Mining Cryptocurrency hype “Hinders Search for Alien Life”

Cryptocurrency hype “Hinders Search for Alien Life”

GPUs the high-powered computer chips are used in space examination. The GPUs collects large amount of data when looking for aliens. It is also used for Bitcoin Mining Researchers at Search for Extraterrestrial Intelligence (Seti) are finding it hard to get the hardware they need to expand operations at two observatories. Reason? Cryptocurrency mining operation …

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Bitcoin Bitcoin Is Noxious Poison, Says Warren Buffett’s Deputy Charlie Munger

Bitcoin Is Noxious Poison, Says Warren Buffett’s Deputy Charlie Munger

The ‘noxious poison’ says the Billionaire vice-chair of Warren Buffett’s investment firm Berkshire Hathway. He said he would consider the bitcoin craze to be “totally asinine.” Charlie Munger, the Warren Buffett’s long-trusted deputy says Bitcoin is “craze as totally asinine.” He said this in Los Angeles during a Berkshire Hathaway annual meeting. One of the …

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Mining Iceland to Use More Electricity for Bitcoin Mining Than Powering Homes

Iceland to Use More Electricity for Bitcoin Mining Than Powering Homes

Iceland is now a haven for cryptocurrency mining and this year; the activity will likely to use more electricity than powering of homes. Bitcoin mining is thriving in Iceland as it might consume more electricity for Bitcoin mining than it uses to power every home. Many crypto mining companies are planning to establish operations in …

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Exchange Litecoin Surge Nearly 30 Percent Following Traders Bet on Litecoin Cash

Litecoin Surge Nearly 30 Percent Following Traders Bet on Litecoin Cash

LitePay CEO said that on Feb 26th will have access to LitePay merchant payment processing across 41 countries. Coinbase announced that it has launched a new service that lets merchants to accepts payments in Bitcoin, bitcoin cash, Ethereum and Litecoin.   Litecoin will have LitePay merchant payment processing feature from Feb. 26. The feature will …

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Exchange Citibank India Restrict Bitcoin Purchase via Credit and Debit Cards

Citibank India Restrict Bitcoin Purchase via Credit and Debit Cards

From the start of 2018, every week, we come across the ban imposing buzz. Now the Citibank India also joined the lead of the UK and US banking group for restricting Bitcoin purchases via credit and debit cards. CitiBank India Bans Bitcoin Purchase Today morning, CitiBank India sent an email informing its cardholders about restricting …

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Mining Cryptocurrency Mining Is Just Easy While Reading the News

Cryptocurrency Mining Is Just Easy While Reading the News

The salon is cryptocurrency mining through a web browser of readers refuses to off their adblocker. The liberal web magazine with readers’ choice: they can turn off their adblockers Salon readers who use ad-blockers can now surrender spare computing power to allow for mining Monero cryptocurrencies. The returns will go to Salon. The company is …

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Exchange Coincheck users withdraw $373 million after company resumes the withdrawal service

Coincheck users withdraw $373 million after company resumes the withdrawal service

Conicheck users withdrew a total of $373 million on Tuesday after resuming of the service. This is since the startup reported a $533 million cybertheft end of last month. Coincheck suspended services after this hack. The startup gave details of the hack to the Financial Services Agency. For instance, customers will get some support from …

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Bitcoin Starbucks and Dunkin’ Discussed Bitcoin in Their Analyst Days

Starbucks and Dunkin’ Discussed Bitcoin in Their Analyst Days

Starbucks and Dunkin’ were among the rare non-financial companies to reference the cryptocurrency in their analyst conference calls. Factset data for last month says 24 companies referenced cryptocurrency in their analyst conference calls. The list includes the obvious financial enterprises such as Cboe Global markets which launched Bitcoin futures previous month. The file also contains …

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Bitcoin Want to Add New Skills to Survive in Future Freelancing? Try Bitcoin

Want to Add New Skills to Survive in Future Freelancing? Try Bitcoin

Bitcoin is now the fastest growing and has topped in the list of freelance skills in demand Bitcoin is now the fastest-growing demanded freelance skills you should hunt for to survive in future freelancing markets. It is now the top among the skills freelancers are looking for. This is in an attempt to prepare for …

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Exchange LitePay a New Litecoin Payment App to Be Launch Within 2 Weeks

LitePay a New Litecoin Payment App to Be Launch Within 2 Weeks

Litecoin is launching its new payment app, called LitePay roughly within two weeks. The new app will allow the fast Litecoin (LTC) based transactions. On Tuesday Morning, LitPay Inc. has tweeted saying that it would be launching the app on Monday 26th February. The new payment app is best suitable on a desktop as well …

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Mining Porn Websites Are Now Most Illegal Cryptocurrency Mining Source

Porn Websites Are Now Most Illegal Cryptocurrency Mining Source

A new study exposes that cryptocurrency miners are facing towards porn websites to exploit users’ computing power when they are online. Porn websites form 49 percent of the 241 top ranking websites with illegal cryptocurrency mining software. This is according to a  report by 360 Netlab Chinese security firm. The websites contain a malicious code …

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Mining Advertising Screens Also Hacked to Mine Cryptocurrency

Advertising Screens Also Hacked to Mine Cryptocurrency

Recently, in London hackers took over computer systems and began mining cryptocurrency. As they were little aware of that, the system was responsible for running digital advertising screen. Cryptocurrency enthusiasm is getting weird. Someone noticed a giant outdoor screen in London as mining cryptocurrency.  The screen is usually used for running ads was seen running …

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Bitcoin Jp Morgan Publishes Detailed 71-Page Bitcoin Bible Beside Calling It a Bubble

Jp Morgan Publishes Detailed 71-Page Bitcoin Bible Beside Calling It a Bubble

JPMorgan Chase (JPM) CEO Jamie Dimon has been in the public limelight for the controversies on Bitcoin and cryptocurrencies. Since from calling cryptocurrency a bubble and fraud to saying blockchain is real, he seems now publishing “Bitcoin Bible for investors”.  Bitcoin Bible – 71-page document Now the bank published a 71-page document about cryptocurrencies and Bitcoin …

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News Class Action Lawsuit Filed Against Bitconnect in a Federal Court

Class Action Lawsuit Filed Against Bitconnect in a Federal Court

A law firm is suing BitConnect on behalf of former customers for Ponzi operations and fraud. The lawsuit was filed last month in the United States District Court for the Southern District of Florida. BitConnect closed crypto exchange and lending platform last month following cease orders from two state security regulators. The company said the …

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Ethereum Dublin’s Crypto Cafe Offer Coffee and Cake with Litecoin and Ethereum

Dublin’s Crypto Cafe Offer Coffee and Cake with Litecoin and Ethereum

At a new cafe on Aungier Street, Dublin, you can pay Cryptocurrency for coffee and cake. Investors can now let go their euro and make payments from their crypto wallet through phones; explicitly Ethereum and Litecoin. Nash Basel, the owner of new crypto cafe set up on Dublin’s Aungier Street at January end has investment in …

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Exchange Bitlicense Comes to South Korea as Cryptocurrency Exchange Approval System

Bitlicense Comes to South Korea as Cryptocurrency Exchange Approval System

South Korea is following the footstep of NewYork state Department of Financial Services (NYSDFS) by considering BitLicense as cryptocurrency Exchange approval system. South Korea announcing Cryptocurrency Exchange approval system New York employs BitLincese, means that it allows cryptocurrency trading only when they have a license. Similarly, the South Korean Government is introducing cryptocurrency exchange approval …

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Exchange Bitfinex Is Announcing EOSfinex to Build On-Chain Exchange

Bitfinex Is Announcing EOSfinex to Build On-Chain Exchange

One of the largest cryptocurrency exchange, Bitfinex has officially announced EOSfinex. It would be built on EOS.io technology that would brand it first high-performance decentralized exchange. EOSfinex – ON-CHAIN EXCHANGE Following the partnership of Bitfinex and EOS.io, traders can now experience scalable and speedy trading service. Indeed, the deal would build the first decentralized exchange by merging …

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Bitcoin Crypto Community in California Could Get a Friendly Representative in Congress

Crypto Community in California Could Get a Friendly Representative in Congress

The political world has failed to captivate bitcoin’s meteoric rise in the financial world. For the most part, Washington remains ignorant of cryptocurrencies and blockchain technology. Soon it might change by Brain Forde running for Congress in California. The cryptocurrency community is rallying behind Brian Forde, who wants to represent California’s 45th congressional district in …

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Blockchain Microsoft announced Decentralized Digital Identities and Blockchain

Microsoft announced Decentralized Digital Identities and Blockchain

The tech giant, Microsoft announced to Blockchain-Based Decentralized Identification System Microsoft supports Decentralized Identities (DIDs) via the Microsoft Authenticator app. This initiation will solve identification challenges, enhance personal privacy, security, and control Decentralized Digital Identities (DIDs) In the Recent post, Director of Program Management, Microsoft Identity División announced Microsoft’s opinion on underlying distributed ledger technologies …

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Exchange Italian Cryptocurrency Exchange Bitgrail Lost $170 Worth of NanoTokens

Italian Cryptocurrency Exchange Bitgrail Lost $170 Worth of NanoTokens

Following the recent hack of CoinCheck, another cryptocurrency exchange, BitGrail on Friday claims that roughly $170million worth of its Nano tokens has been lost but other developers say it may not be hacked but disappears. $170million worth of Nano tokens are missing BitGrail, an Italian based cryptocurrency whose token “Nano” was formerly known RaiBlocks reports …

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Mining Government websites infected by Cryptocurrency mining malware

Government websites infected by Cryptocurrency mining malware

More than 4000 sites including those of UK, US, and Australian Government were infected with cryptocurrency mining malware. The sites were affected for several hours on Sunday containing a secret code that mines cryptocurrencies through web browsers. Cryptojacking malware According to the “The Register report”, these sites were affected by the malicious use of CoinHive …

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Bitcoin Hong Kong Investors Preferring Safer Bitcoin Futures over Bitcoins

Hong Kong Investors Preferring Safer Bitcoin Futures over Bitcoins

In the emerging crypto markets, the Hong Kong investors are turning to the US market for trading bitcoin futures. However, they believe that trading on Hong Kong’s unregulated cryptocurrency exchanges is safest. Hong Kong investors are turning to Bitcoin future because they are safer than the unregulated Bitcoins in the cryptocurrency markets. This includes Bitcoin …

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News UAE Exchange Joins RippleNet for Instant Cross-Border Payments

UAE Exchange Joins RippleNet for Instant Cross-Border Payments

The official announcement reveals UAE exchange reveals a partnership with San Francisco-based Ripple to enable real-time cross-border payment solutions. UAE exchange to process global payment solution with RippleNet Following the partnership, UAE Exchange, a leading global money transfer, would become the largest payment solution provider in the Middle East to use Ripple’s blockchain technology. Through the partnership, UAE …

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News New Jersey Watchdog Slapped Bitstrade for Unregistered Securities Offering

New Jersey Watchdog Slapped Bitstrade for Unregistered Securities Offering

New Jersey’s Attorney General has officially announced the ceased order at Bitstrade on account of offering unregistered securities fraudulently. Another Ponzi Scheme Is Exposed Off Following Bitconnect’s Ponzi scheme, yet another Bitcoin company is offering fraudulent securities. According to New Jersey regulator, Bitrstrade which is an online cryptocurrency-related investment firm was violating the New Jersey’s …

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Exchange Coinbase Launched “Coinbase Commerce Button” for Merchants like PayPal Plugin

Coinbase Launched “Coinbase Commerce Button” for Merchants like PayPal Plugin

Coinbase, one of the largest cryptocurrency exchange has launched “Coinbase Commerce button” for merchants. By integrating this new service on websites, merchants will have direct access to crypto payments from Coinbase merchants which was otherwise completed only after creating an account on Coinbase. When it comes to online payment, PayPal and Credit card are the …

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Exchange Hong Kong Regulators Puts Restrictions on Crypto Exchanges

Hong Kong Regulators Puts Restrictions on Crypto Exchanges

The Hong Kong regulator, Securities and Futures Commission (SFC) would crack down on cryptocurrency exchanges that operate illegally. The official announcement of Securities and Futures Commission (SFC) of Hong Kong states it would crack down on cryptocurrency exchanges. The notice was a point to seven cryptocurrency exchanges, stating it should not trade securities without license or …

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Mining Cryptocurrency Mining Causes a Fire Incident in Russia

Cryptocurrency Mining Causes a Fire Incident in Russia

According to the reports, cryptocurrency mining suspected fire and destroyed eight top floor flats and flooded as more number of firefighters tackled the flames. A residential building in Artem near Vladivostok in the Primorsky region, Russia went into flames as a result of massive power surge which caused overheating of circuits as the resident was …

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Banking/Finance UK Banking Group Barclays Confirms Crypto Purchase with Credit Cards

UK Banking Group Barclays Confirms Crypto Purchase with Credit Cards

The UK banking group Barclays confirms that its customers will be allowed to purchase cryptocurrencies using credit cards meanwhile Virgin Money banned. Barclays bank has not blocked the purchase of cryptocurrencies with credit cards as is the case with other large banks in the U.S that have stopped the purchases. It is also contrary to …

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Bitcoin John McAfee crypto survey on Twitter shows surprising result

John McAfee crypto survey on Twitter shows surprising result

Social media plays a vital role in the cryptocurrency. Blockchain firms use many platforms to communicate with their clients and investors and make announcements. The social media attract colorful characters, John McAfee, the self-appointed crypto overlord. Poll of Cryptocurrency Community John McAfee, who sometimes back posted controversial daily recommendations of altcoins to trade before shifting …

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Bitcoin Cameron Winklevoss Predicts Bitcoin Will Be Worth 40 Times Its Current Value One Day

Cameron Winklevoss Predicts Bitcoin Will Be Worth 40 Times Its Current Value One Day

One-half of the famous twins, Cameron Winklevoss said that Bitcoin will hit over $5 trillion i.e. 40 times more its current value. On Wednesday, the Facebook power-scrabblers who made a fortune with Bitcoin’s ups and down, are now hoping that Bitcoin will be doubled in its value in coming days. A Better Gold Across the …

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ICO Berkeley City Council Plans to Launch Initial Coin Offering to Fund Affordable Housing

Berkeley City Council Plans to Launch Initial Coin Offering to Fund Affordable Housing

Berkeley, California to explore the launch of ICO funding for affordable housing and support services for the city’s growing homeless population. The city of Berkeley could be the first in the U.S. to hold an ICO to fund its operations and reduce reliance on federal funding. The city is contemplating on selling tokens backed by …

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Bitcoin Mailbox of China’s Central Bank Was Hacked to Send Fake Email About Bitcoin Crackdown

Mailbox of China’s Central Bank Was Hacked to Send Fake Email About Bitcoin Crackdown

Fake news has been distributed to US media organizations claiming that the HKMA and PBOC are collectively introducing new regulations to crackdown on Bitcoin trading. Recent claim about Bitcoin crackdown in China, which was contained in an email sent from China central bank, is not true. An official from the bank declares that the email …

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Bitcoin Coinbase to Implement Bitcoin SegWit in the Coming Few Weeks

Coinbase to Implement Bitcoin SegWit in the Coming Few Weeks

Coinbase is offering an update on Bitcoin SegWit to their customers within few weeks. It is to improve the transaction capacity of the Bitcoin network. Implementation of Final Testing Coinbase has begun the final testing phase for Bitcoin SegWit and will introduce support for it in the next few weeks in a bid to lower …

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News Japan’s DMM Bitcoin exchange installs a traditional billboard to advertise services

Japan’s DMM Bitcoin exchange installs a traditional billboard to advertise services

DMM Bitcoin exchange has recently installed a traditional billboard in Japan, featuring a Japanese celebrity coated in gold. Crypto Exchange Advertising goes big in Japan Japan is setting a high range of trend by the latest ad for the DMM bitcoin exchange with the celebrity cost in gold. And while digital ads are still an …

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News BitMEX sees various disputes between the founders of Ripple

BitMEX sees various disputes between the founders of Ripple

Ripple’s distributed consensus mechanism does not serve a clear purpose. This is because rippled nodes are set by default to hand full control over updating ledger to the website server. This is a conclusion by Bitmex Research in their current analysis of the Ripple network. BitMEX to explore the technology behind Ripple The team reached …

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Bitcoin Bitcoin wallet Bread is initiating Bitcoin purchases via credit cards

Bitcoin wallet Bread is initiating Bitcoin purchases via credit cards

Bread, which is a Bitcoin wallet, will let customers purchase Bitcoin through credit cards and have the Bitcoins deposited into their Bread wallet following their partner integration with Simplex. Zug, Switzerland-based bitcoin wallet startup Bread declares its plans to accept Bitcoin purchases on credit cards. The new features will allow high limits and near-instant delivery …

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News Canada’s binary task force wants Google to ban binary options and cryptocurrency Ads

Canada’s binary task force wants Google to ban binary options and cryptocurrency Ads

Chairman of Canada’s Binary Options, Jason Roy has said that they were pleased with the recent move by Facebook to ban cryptocurrency and ICO ads and is urging Google to follow suit. ——————————————————- Regulator calls on Google to follow Facebook’s Footsteps to ban Binary option, ICO and Cryptocurrency Ads Their main concerns according to the chairman …

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Blockchain Digital certification of education degrees will be India’s first blockchain project

Digital certification of education degrees will be India’s first blockchain project

India will issue digital certificates of education degrees in batches commencing from 2019. The project is currently being tried under the aegis of Niti Aayog, which is a government think tank. It will be executed with Indian Institute of Technology, Bombay, and colleges under the Delhi University. Tamper-proof degree certificates would be the Indian government’s …

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Banking/Finance Versabank, Tiny Canadian Bank to Launch a Vault for Cryptocurrencies

Versabank, Tiny Canadian Bank to Launch a Vault for Cryptocurrencies

This can be said has an optimism time going on in the crypto community. The tiny Canadian bank is developing a vault for cryptocurrencies. Ontario-based VersaBank Inc is planning to have a digital vault for cryptocurrencies ready by this coming June to serve global customers. It is Canada’s smallest bank led by a tech-savy CEO …

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Blockchain Singapore Airlines, KrisFlyer to launch blockchain wallet

Singapore Airlines, KrisFlyer to launch blockchain wallet

According to an official press release, the SIA Group’s KrisFlyer frequent-flyer programme is aiming to launch world’s first blockchain based airline loyalty digital wallet. The digital wallet app will involve only merchants and partners and expects to go live in about six months. SIA’s launch of KrisFlyer into digital wallet Following the hype of blockchain …

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Exchange China to Block All Crypto-Related Websites Using the Great Firewall

China to Block All Crypto-Related Websites Using the Great Firewall

The Chinese government aims to block all websites related to cryptocurrency trading and Initial Coin Offerings (ICOs) within the country . The Great Firewall of China prevents anyone in the country from reaching foreign exchange sites. China to restrict crypto and ICOs related websites As stated above, the Chinese government has, reportedly, removed ads relating …

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Exchange VISA and Mastercard Make Bitcoin Purchases Harder

VISA and Mastercard Make Bitcoin Purchases Harder

VISA and MasterCard have made it more difficult for users to purchase Bitcoin and other cryptocurrencies. Both multinational financial services corporation decided to reclassify the process of buying cryptocurrencies. VISA and MasterCard to stamp out Bitcoin purchases Recently, Bitcoin investors started to examine the additional fees on their statements.  It turns out that, VISA and …

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Blockchain Blockchain Can Revolutionize the World, Says South Korea Finance Minister

Blockchain Can Revolutionize the World, Says South Korea Finance Minister

Kim Dong-Yeon, the South Korean finance minister has voiced his positive opinions for the blockchain technology and its potentials applications. South Korea’s Finance Minister Kim Dong-yeon spoke positively about the potential for Blockchain while he was on trip to China last Friday. He said that “Blockchain technology can disrupt and revolutionize the world.” Yeon highlights …

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Blockchain China’s Baidu to Debut Cryptodoggis Amidst Cryptokitties Mobile App

China’s Baidu to Debut Cryptodoggis Amidst Cryptokitties Mobile App

After the launch of CryptoKitties, China’s search giant, Baidu is moving ahead with CryptoDogs. Unlike Ethereum for CryptoKitties, CryptoDogs is integrating with Achain. China is set to breed CryptoDogs instead of CryptoKitties. According to technode, Baidu’s new project CryptoDogs is still in beta version. However, it is similar to CryptoKitty, an online Pokemon-like game to …

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Banking/Finance UK Banking Giant Lloyds Bank Ban Bitcoin Purchases on Credit Cards

UK Banking Giant Lloyds Bank Ban Bitcoin Purchases on Credit Cards

The incessant drop off of Bitcoin price has led UK banking giant Lloyds Bank to restrict its clients from purchasing Bitcoins via their credit cards. This Banking group fears cryptocurrency’s fluctuating value could leave it with huge debt. Ban Pressures are Mounting on Lloyd’s credit card customers As the ban announcement rolled out on Monday, Bitcoin …

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Bitcoin Bitcoin Futures commercial at the Super Bowl ads sparks huge debate

Bitcoin Futures commercial at the Super Bowl ads sparks huge debate

Super Bowl ads is mainly popular for its interesting commercial and half time shows. Recently, its wondering as by TD Ameritrade talking about Bitcoin futures. An advertisement of TD Ameritrade bank’s involvement in Bitcoin futures took many by surprise. Why because it was unexpected and secondly, to some, cryptocurrency is something negative. TD Ameritrade started …

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Blockchain Canada approves first blockchain Exchange-Traded Fund (ETF)

Canada approves first blockchain Exchange-Traded Fund (ETF)

The Ontario Securities Commission has approved Canada’s first blockchain exchange-traded fund. Harvest Portfolios, an independent Canadian investment management company, filed the preliminary paperwork for its Blockchain Technologies. Harvest Portfolios will start offering investors to trade in blockchain technologies. This is after its approval by the Ontario Securities Commission. The fund has a management fee of …

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Ethereum UNICEF launches a project to raise funds for kids through crypto mining

UNICEF launches a project to raise funds for kids through crypto mining

In order to raise funds for victims in war-torn Syria, UNICEF is now implementing solidarity on the blockchain. As to help the humanitarian fund mine cryptocurrency for the Syrian children. UNICEF Project UNICEF is calling everyone with powerful graphics cards on their computers to join in a fund raising project to mine Ethereum cryptocurrency in …

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Bitcoin JPMorgan and BofA halt Bitcoin purchases on credit cards

JPMorgan and BofA halt Bitcoin purchases on credit cards

Bank of America (BofA) and JPMorgan have started to declined credit transactions with known exchanges. Thus, the banks have restricted crypto purchase using credit cards. JPMorgan Chase and Bank of America have banned purchase of Bitcoins using credit cards due to risks associated with the cryptocurrency. This came even as Bitcoin price hit the lowest …

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Exchange Nischal Shetty, Crowdfire Co-Founder Plans to Launch Cryptocurrency Exchange in India

Nischal Shetty, Crowdfire Co-Founder Plans to Launch Cryptocurrency Exchange in India

According to an official blog of Nischal Shetty, founder of a social management application called Crowdfire is launching a cryptocurrency exchange in India. The exchange is named as WazirX which will come into existence in March, said statement. WazirX will be built as India’s most trusted bitcoin and cryptocurrency exchange The hype of Bitcoin and …

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News National Bank of Abu Dhabi Partners with Ripple for Cross-border payment solutions

National Bank of Abu Dhabi Partners with Ripple for Cross-border payment solutions

Ripple’s official blog on Friday announces that the National Bank of Abu Dhabi (NBAD) will be the first Middle East Bank to partner with Ripple for Cross-border payment solutions. By integrating Ripple technology, NBAD customers can experience a secure, efficient and immediate international intra-bank payments instantly. According to Ramana Kumar, Managing Director and product manager …

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Mining Former MSE property in Butte to become a Bitcoin mining facility

Former MSE property in Butte to become a Bitcoin mining facility

A 53-acre MSE facility that served as a MSE Technologies campus will now be used for mining Bitcoin starting March this year. The property was bought in early January by CryptoWatt, formerly known as BitPower, LLC. It is expecting to employ about 50 people in Butte once it starts running. The facility will also serve as …

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Exchange National Bank of Abu Dhabi partners with ripple for cross-border payments

National Bank of Abu Dhabi partners with ripple for cross-border payments

The National Bank of Abu Dhabi (NBAD) has entered into partnership Ripple. The partnership will facilitate cross-border payments in real time, secure and simple way. The move will help reduce the resources required by customers to send payments. Customers will have end-to-end visibility of transaction and be able to perform instant transfers to beneficiaries without …

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Bitcoin Global shipping giant UPS accepts Bitcoin via locker service

Global shipping giant UPS accepts Bitcoin via locker service

UPS has filed a patent with the US patent and Trademark Office (USPTO) for an item-exchange locker service. The patent was released on Thursday by USPTO. The patent describes a system of lockers. Traders will leave the item on the locker and a buyer can pick at will. Parties can rent the locker, for instance. …

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Mining Samsung is developing ASIC chips for cryptocurrency mining

Samsung is developing ASIC chips for cryptocurrency mining

Samsung has confirmed involvement in manufacturing cryptocurrency mining. However, the company told TechCrunch that it will not be disclosing its customers. The confirmation follows allegations that the company was manufacturing the chips in partnership with unnamed Chinese dealer. It means the company will rival with Taiwanese giant TSMC. TSMC manufactures ASIC  chips for China’s Bitmain …

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News Ukraine cyber police support cryptocurrency legalization

Ukraine cyber police support cryptocurrency legalization

Ukraine cyber police say they support the idea of legalizing cryptocurrencies despite the fact that their existence and circulation depends on the foundations of financial pyramid.    Legal Favors at Cryptocurrency Cyber Police Department head Serhiy Demediuk said in a Facebook post that the department also supports the mining of cryptocurrencies. However, the head alluded …

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Bitcoin Italy Economy minister: Central banks have considered issuing cryptocurrencies

Italy Economy minister: Central banks have considered issuing cryptocurrencies

Italian Economy Minister The Pier Carlo Padoan said on Wednesday that some central banks have considered issue of cryptocurrencies. The aim is to prevent bubbles evolving in the market. Padoan said at Enel Milan: “Some central banks are looking into, and have even considered issuing, cryptocurrencies, to avoid bubbles that explode and do damage sooner …

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Bitcoin We support Bitcoin says CEO and Co-founder of Twitter and Square

We support Bitcoin says CEO and Co-founder of Twitter and Square

Co-founder and CEO of Twitter and Square, Jack Dorsey tweeted recently saying that he supports Bitcoin. He tweeted that “cryptocurrency is a long-term path towards greater financial access for all.” “Instant buying (and selling, if you don’t want to hold) of Bitcoin is now available to most Cash App customers. We support Bitcoin because we …

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Exchange Bitcoin premiums decline to near end in South Korea markets

Bitcoin premiums decline to near end in South Korea markets

Foreign exchange and anti-money laundering rules in South Korea are making it harder for traders in Bitcoin deals. This is according to a complain launched earlier last month by Kimchi Premium. KimChi are the traders who have studied the price gap. Now, the price of Bitcoin in the country declined so fast. It it was …

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Exchange Veteran BlackRock investors to launch a crypto hedge fund

Veteran BlackRock investors to launch a crypto hedge fund

Two veteran investors of BlackRock have left the asset manager to invest in a cryptocurrency hedge fund. Michael Wong and Adam Grimsley will join Oxford Maths PhD Nic Niedermowe in a new hedge fund called Prime Factor Capital. The three hope to achieve a £10 million of assets under management. However, this amount is small …

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Bitcoin Puzzle painting that hid 5 Bitcoins may have been cracked

Puzzle painting that hid 5 Bitcoins may have been cracked

“The Legend of Satoshi Nakamoto” is a series of Bitcoin puzzle created to credit the creator of Bitcoin. One those puzzles is a painting and is the third in the series. It was created by a person known as by @coin_artist on Twitter. The painting contained the private key to a wallet containing 4.87 Bitcoins. …

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Mining Blockchain Mining Ltd aiming to list its stock on Nasdaq

Blockchain Mining Ltd aiming to list its stock on Nasdaq

Blockchain Mining Ltd is planning to list its stock on the Nasdaq and the Toronto Stock Exchange by July after if Israel bans companies involved in trading cryptocurrencies in Tel Aviv exchange. Companies that invest in, mine or own cryptocurrencies might be delisting from the Tel Aviv exchange if a rule proposed by the Israel …

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Exchange Bafin orders crypto exchange GmbH to cease operations as a financial brokerage

Bafin orders crypto exchange GmbH to cease operations as a financial brokerage

Federal Financial Supervisory Authority BaFin has ordered crypto exchange GmbH to stop operating as a financial brokerage. This is because it does not have regulatory authority to run a financial commission business. The firm has been selling Bitcoins to customers and then transferring the gains to their accounts in Euros within 30 minutes. However, some …

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Ethereum OMERS pension giant creates a Ethereum-focused company

OMERS pension giant creates a Ethereum-focused company

OMERS is set to become the first pension fund in Canada to invest in the country’s technology sector since the 2008-09 recession. The company is planning to raise $50-million for an Ethereum-focused cryptocurrency business called Ethereum Capital. The company said that it believes Ethereum will be one of the foundational building blocks in the blockchain …

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Bitcoin IRS’s guidelines on Cryptocurrencies and taxation

IRS’s guidelines on Cryptocurrencies and taxation

It has long been suspected that government around the world will be targeting cryptocurrencies for taxation — despite the challenges that move presents. For instance, the current nature of Bitcoin and cryptocurrency dealings doesn’t make it friendly for any government to tax. Reporting is difficult, and there are issues such as anonymous trading, for instance. …

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Exchange SBI crypto exchange to use Ripple’s XRP as its official digital currency

SBI crypto exchange to use Ripple’s XRP as its official digital currency

SBI Holdings has announced that its digital asset exchange SBI Virtual Currencies (SBI VC) will use XRP cryptocurrency as the only digital asset. The exchange launched on January 30. It provides exchanges for both institutional and individual digital asset buyers in Japan. The exchange will also use the xRapid ecosystem to facilitate cross-border payments between …

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Exchange South Korea now has new cryptocurrency trading rules

South Korea now has new cryptocurrency trading rules

Barely three months of announcing they would end anonymous crypto trading, South Korea now has new rules on cryptocurrency trading. They took effect yesterday according to a Financial Services Commission official speaking to CNBC. However, Bithumb said the new regulations did not affect trading. An official told CNBC that “nothing has changed regarding coin transaction” …

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Exchange U.S. regulators to investigate a major crypto exchange Bitfinex and Tether

U.S. regulators to investigate a major crypto exchange Bitfinex and Tether

U.S. Commodity Futures Trading Commission is investigating Bitfinex and Tether according to an official who refuses to be named. This is after claims surfaces that all the Tether cryptocurrency assets were not backing up by dollar reserves. The companies told Bloomberg on Tuesday that they could not give details of the requests they routinely receive …

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Bitcoin Hong Kong holds a campaign to educate public on the ICOs and Crypto investments

Hong Kong holds a campaign to educate public on the ICOs and Crypto investments

Hong Kong’s financial regulator yesterday launched a campaign to make people aware of risks involved in crypto and ICO investments. The aim is to help the public assess risks before making investments or making transactions, according to Joseph Chan, the undersecretary of the government’s Financial Services and the Treasury Bureau (FSTB). The program was launched …

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Exchange Philippines to regulate cryptocurrencies with new rules

Philippines to regulate cryptocurrencies with new rules

The Philippines’ Securities and Exchange Commission said on Monday that it is developing new rules on cryptocurrency trading in the country. The approach is to prevent fraudulent ICO activities and protect the investors. The rules will be ready by the end of this year according to Emilio Aquino, SEC commissioner in charge of enforcement and …

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Exchange Oldest Chinese Bitcoin Exchange BTCC to focus on the international market

Oldest Chinese Bitcoin Exchange BTCC to focus on the international market

BTCC, the oldest Chinese bitcoin exchange is now aiming to make cryptocurrencies accessible globally. This news comes after Hong Kong-based blockchain investment fund acquired BTCC. The move also comes after BTCC closed operations in China due to new regulations against cryptocurrencies. According to BTCC’s press release, the company will now focus on three significant markets …

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Blockchain Blockchain and Biometrics test in air travel by Canadian government

Blockchain and Biometrics test in air travel by Canadian government

The Canadian government unveils the trial test for the application of Blockchain and Biometric for the launch of Traveller Digital Identity. Since, it was represented at recent meetings at the World Economic Forum (WEF) in Davos, Switzerland. The Traveller Digital Identity is aiming to explore the security and the effortless flow of the people across …

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Bitcoin Canada is not planning any specific rules on cryptocurrencies

Canada is not planning any specific rules on cryptocurrencies

Canada is not planning to change the existing tax rules to deal with cryptocurrencies and does not have any plans to overhaul cryptocurrency industry. This is according to the country’s Finance Minister Bill Morneau speaking on the sidelines of the World Economic Forum in Davos. He said Bitcoin’s tax treatment is not unique in any …

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ICO Prodeum, ICO scam leaves after pulling down its website and social media

Prodeum, ICO scam leaves after pulling down its website and social media

You could invest in anything today through an ICO depending on where your interest is. For the love of bananas and vegetables, you could have exchanged Ethereum for Prodeum coins hoping these guys would “revolutionize the fruit and vegetable industry”. However, Prodeum is no more, and it turns out they were deceiving people into this …

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Blockchain Status invests in Vector to create a blockchain-based messaging app

Status invests in Vector to create a blockchain-based messaging app

Status has announced a $5 million investment in New Vector the company behind Matrix.org to create industry’s largest decentralized messaging platforms. Status is developing an open-source messaging platform and mobile browser for decentralized applications (dapps). It is based on Ethereum blockchain. The platform will be reinstalling on Finney (made by Sirin Labs), world’s first blockchain …

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Bitcoin Bitcoin apps are about price speculation

Bitcoin apps are about price speculation

Although more people are interested in Bitcoin now than ever before, most of them are interested in it as a speculative or trading asset instead of using it for purchases and payments. For instance, Google Trends reveal that most people are now interest in holding cryptocurrencies for sale at a profit in future. Additionally, very …

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Blockchain Howard Schultz Starbucks former CEO chose Blockchain tech over Bitcoin

Howard Schultz Starbucks former CEO chose Blockchain tech over Bitcoin

Starbucks former CEO, Howard Schultz brought up cryptocurrency in a company’s a post-earnings conference call on Thursday. And he says that although one or more widely accepted digital currencies are coming in the next few year. Bitcoin will not be one of them saying.”I don’t believe that bitcoin is going to be a currency today …

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Mining Singapore shopping mall puts Bitcoin mining equipment on its shelf

Singapore shopping mall puts Bitcoin mining equipment on its shelf

Bitcoin mining equipment is now available to buy from Singapore shopping Mall. It is an exciting development as more retail computer hardware shops are entering this booming market. The hardware is pre-assemble at the mall for sale. According to region’s report, around five computer stores are now selling cryptocurrency mining rigs in the Singapore’s Sim …

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Exchange DataTrek says cryptocurrencies have a long way to go in terms of hack attacks

DataTrek says cryptocurrencies have a long way to go in terms of hack attacks

Japanese cryptocurrency exchange Coincheck lost $534.8 million (58 billion yen) worth of NEM coins to hackers last Friday. To that effect, DataTrek Research has said the attack shows cryptocurrencies are still prone to hacks. The company said the coins, which was on a “hot” (online) wallet, were diverting to another account. They said they would …

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Blockchain CBT in London concludes pilot program to use blockchain in CV verification

CBT in London concludes pilot program to use blockchain in CV verification

The Center for Blockchain Technologies in University College London has concluded a pilot program that enabled 2016 and 2017 MSc graduates to register degree details on the blockchain. It is a pilot program meant to show how blockchain can prevent academic fraud. In the United States, for instance, fake PhDs issues every year than real …

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Bitcoin First Weiss’ cryptocurrency rating is an unwelcome surprise for Bitcoin supporters

First Weiss’ cryptocurrency rating is an unwelcome surprise for Bitcoin supporters

Controversy emerged after the publishing of the first Weiss’ Cryptocurrency Ratings in which Bitcoin was given a Fair (C+) far below many of the cryptocurrencies. In comparison, Ethereum scored a B, Steem B-. Other cryptocurrencies such as EOS, Cardano, NEO scored better than Bitcoin. Weiss released a rating of 74 coins that represent over 80 …

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Exchange More lawyers to opt for accepting payments in cryptocurrencies

More lawyers to opt for accepting payments in cryptocurrencies

A well-known industry site Law.com says more and more lawyers are opting to receive payment in cryptocurrencies to land the growing number of businesses in the cryptocurrency markets. Some practitioners are accepting payments even if it goes against their natural propensities toward risk aversion, to show clients that they are investing in what they are …

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Bitcoin Bitcoin search on Google can show its price graph

Bitcoin search on Google can show its price graph

Looking into what people are searching for Google and growth of wallet or wallet growth trends can tell a lot about Bitcoin price trend. In early when someone was searching for XRP trends on the Google Trend page with an XRP tag, they found out that there an increase in the number of searches made …

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Blockchain Einstein exchange partners with Ubiq to facilitate private blockchain data records

Einstein exchange partners with Ubiq to facilitate private blockchain data records

Shareholders of Einstein Capital Partners Ltd will have their records stored and managed on the blockchain. However,  following a partnership between the company and Ubiq blockchain company. The project will help to merge traditional finance and record management on Einstein with emerging blockchain technology. It will allow the company to track shareholder information and later …

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Bitcoin Brisbane Airport partners with TravelbyBit to accept cryptocurrency payments

Brisbane Airport partners with TravelbyBit to accept cryptocurrency payments

As the crypto market emerges, Brisbane Airport (BNE) to launch cryptocurrency payment through the partnership with TravelbyBit. According to a local media report, Brisbane team is working with domestic and international business firms to ensure crypto friendly terminal which will be featuring restaurants, stores, and cafes that accepts Dash, Ether, and Bitcoin. Brisbane to support …

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Mining Hackers tapping Youtube Ads to mine cryptourrency illegally

Hackers tapping Youtube Ads to mine cryptourrency illegally

Attackers are using YouTube ads to illegally mine cryptocurrencies on users’ CPUs according to reports and complain that came up this week. This was confirmed by researchers from Trend Micro, an antivirus provider. The researchers said attackers are abusing Google’s DoubleClick ad platform to display ads to YouTube visitors in countries such as Japan, France, …

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Bitcoin Four factors under which cryptocurrency would crash

Four factors under which cryptocurrency would crash

Four factors, namely poor regulation in significant crypto markets, a crash of crypto exchanges, continued use of credit cards to buy crypto. And also problems with Tether cryptocurrency would interplay to cause a possible cryptocurrency crash. This is according to Julian Hosp the co-founder of TenX, a company that provides debit cards that people can …

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Blockchain Blockchain ETFs attract $240 million in a single week

Blockchain ETFs attract $240 million in a single week

Assets of two new blockchain exchange-traded funds (ETFs) increased from $240 million a week to $164.9 million on Wednesday. Since signifying that more people are getting attracted to these kinds of cryptocurrency investments. The increase comes after several weeks of poor performance of Bitcoin’s price and cryptocurrency sell-off of about two weeks or so. Earlier …

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Blockchain Serpro wants to use blockchain to end corruption in Brazil

Serpro wants to use blockchain to end corruption in Brazil

Brazil’s national data processing company Serpro wants public and private organizations to use blockchain to do business and reduce cases of corruption in all sectors of the economy. Although the current project from Serpro lets people without bank accounts buy government bonds for the first time, the company hopes that the technology will also spread …

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Bitcoin RESEARCH – Market sentiment direct the price of Bitcoin

RESEARCH – Market sentiment direct the price of Bitcoin

A great inflow of spectators and investors has flooded the bitcoin “business”. This is due to the price explosion in the past month. December 8th of the past year witnessed the market capitalization of BTC soar above that of VISA INC at more than USD300billion. Nakomoto, the original creator of BTC defined the of Block …

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Blockchain Trading Technologies International Inc teamed up with Coinbase

Trading Technologies International Inc teamed up with Coinbase

Large trading firms will be able to access both Bitcoin markets and Bitcoin futures from March this year following a partnership between Coinbase and Trading Technologies International.  Partnership between Trading Technologies International Inc & Coinbase The deal will let the institutional investors access Bitcoin spot prices and Bitcoin futures on the same screen. This means they …

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News U.S. CFTC charges My Big Coin Pay operators on fraud and ponzi claims

U.S. CFTC charges My Big Coin Pay operators on fraud and ponzi claims

The United States Commodity Futures Trading Commission has filed charges against Randall Crater and Mark Gillespie for allegedly causing people to invest in My Big Coin Pay and for misappropriating more than $5 million from the funds. US CFTC charges My Big Coin Pay operators In the meantime, the U.S. District Court for the District …

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News Ripple sold $91.6 million worth of XRP in Q4 2017

Ripple sold $91.6 million worth of XRP in Q4 2017

Ripple has sold 91.6 million worth of XRP as the price increased by 887 percent in the last quarter of last year. At the same time, the company earned $180 million last year from XRP sales. The yearly increase in price was 29,631 percent. Its market value shot from $8 billion in the third quarter …

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Bitcoin Apple co-founder Steve Wozniak has sold all his Bitcoins

Apple co-founder Steve Wozniak has sold all his Bitcoins

Apple co-founder Steve Wozniak has sold all his Bitcoins because he does not want to be one of the people who just watch the number. He said this in Nordic Business Forum in Stockholm, Sweden. The goal is not to calculate Bitcoin numbers all the time Having bought the coin in June when it was …

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Blockchain Bank of America says it has tons of blockchain patents

Bank of America says it has tons of blockchain patents

Bank of America has more patent applications than any other firm according to its CEO Brian Moynihan. The CEO says the bank believes in the idea of distributed ledgers, smart contracts and other related ideas about blockchain, but this is not a new idea. “The question of an anonymous currency, that’s a policy question that …

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Ethereum Ethereum yellow paper is now updated

Ethereum yellow paper is now updated

Ethereum Yellow Paper, which is a reference paper for Ethereum developers when coding for the platform, has been updated. It is the formal definition of the Ethereum protocol. This comes after over a year when it was last updated. Many developers have been relying on “community consensus” to ensure that things are functioning correctly. This …

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Bitcoin Research – One person likely drove Bitcoin from $150 to $1,000

Research – One person likely drove Bitcoin from $150 to $1,000

“Price Manipulation in the Bitcoin Ecosystem” a paper written by Researchers Neil Gandal, JT Hamrick, Tyler Moore, and Tali Oberma. Entitled and appearing in the recent issue of the Journal of Monetary Economics, the paper describes to what degree the Bitcoin ecosystem is controlled by bad actors. Mt. Gox – PRICE MANIPULATION The analysis was …

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Bitcoin Samourai Wallet presents Pony Direct app for censorship resistance

Samourai Wallet presents Pony Direct app for censorship resistance

Samourai wallet, the inventors of Bitcoin privacy wallet, has declared a new proprietary app namely Pony Direct. It is a cryptocurrency payment method where Bitcoins can be sent through SMS. It is claiming to be an approach to avoid censorship though still unclear if it is secure for use. Many apps that work over mobile …

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Exchange South Korean government enforcing its new crypto trading accounts system

South Korean government enforcing its new crypto trading accounts system

The South Korean government announced that six major banks would start providing crypto trading services, account creation and account operation from Jan 30th. This will happen under the government’s new system that aims at sharing or storing data about cryptocurrency trades, users, and accounts. The new system will ensure that “only real-name bank accounts and …

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Exchange Japanese Bitcoin exchange Bitflyer now in Europe

Japanese Bitcoin exchange Bitflyer now in Europe

Japanese bitcoin exchange, Bitflyer is now legally operational in the European Union region. However, this is after it was granted Payment Institution (PI) license to run services in the area. This makes it the first Japanese exchange to regulate in Japan, the US, and Europe. The sixth largest crypto exchange is legally operating in European …

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Bitcoin Nasdaq to launch bitcoin futures that are different from rivals, CEO says

Nasdaq to launch bitcoin futures that are different from rivals, CEO says

NASDAQ, an American stock exchange market and the second-largest exchange in the world by market capitalization, is planning to offer bitcoin futures using a different approach from what its competitors have followed. This was confirmed by the President and CEO NASDAQ, Adena Friedman, following an earlier report that Nasdaq is looking into bitcoin futures but did not …

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Bitcoin Bitcoin forks could welcome 50 more forks this year

Bitcoin forks could welcome 50 more forks this year

According to Lex Sokolin, a director of fintech company Autonomous Research, Bitcoin forks could increase up to 50 this year from 19 forks last year. Forks are different protocols from the main chain, which try to improve the original string by adding more features or a few more tweaks. It is an alternative to raising …

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Exchange Nordea to restrict employees from trading Bitcoin

Nordea to restrict employees from trading Bitcoin

Employees of Nordea bank will no longer trade Bitcoins or any other cryptocurrency as of February 28 following a decision by the bank as regulators because of the high risks involved. The reason is that the bank and its employees are not protecting from the risks involved in investing in cryptocurrencies. “Unlike trading of securities …

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Bitcoin Online criminals dropping Bitcoin for other cryptocurrencies

Online criminals dropping Bitcoin for other cryptocurrencies

The inefficiencies of Bitcoin protocols are making it lose one of its oldest type of customers: online criminals. This is due to its taking too long to process transactions, high transaction fees and volatility in prices says a report released by legal firm Chainalysis. Also, these customers are leaving to more private cryptocurrencies that offer …

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Banking/Finance Cryptocurrency Culture still strong In Cambodia, Despite Distrust From National Bank

Cryptocurrency Culture still strong In Cambodia, Despite Distrust From National Bank

When bitcoin hit $1,000, In Mean realized he made a mistake not backing up his coin. The Cambodian developer mined but lost a lot of bitcoin not long after it was released in 2009. Today In Mean is working on a his own coin. He aims to educate the timing population of Cambodians trooping to …

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Mining Buyers of Obelisk miners angered by Bitmain decision to release Siacoin miner

Buyers of Obelisk miners angered by Bitmain decision to release Siacoin miner

Bitmain’s plan to sell a new ASIC miner for Siacoin did not go well with many people who had already ordered Obelisk mining units Obelisk SC1. The new AntMiner A3 is an 815 GH/s miner that would support same hashing algorithm in Siacoin blockchain (blake2b). The ship date is June 2018, but the company has …

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ICO Ernst and Young says around $400 million lost from ICO funds

Ernst and Young says around $400 million lost from ICO funds

According to the accounting firm Ernst and Young (EY), around $3.7 billion was raised through ICO funds up to date, but hackers have stolen over 10 percent. Thus, roughly about $400 million has been lost. Ernst & Young said that hackers targeted ICOs because they allow raising millions of dollars within less time. They investigated …

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News IMF wants regulators to coordinate globally on cryptocurrencies

IMF wants regulators to coordinate globally on cryptocurrencies

International Monetary Fund (IMF) says there is a need for regulators to coordinate on cryptocurrencies globally because there is increasing risks of surging crypto prices. IMF cites risks including the use of cryptocurrencies in money laundering, financing of terrorist activities and tax evasion and fraud. This is in addition to losses caused to investors. These …

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Bitcoin New York Stock Exchange owner is ready to launch Bitcoin service

New York Stock Exchange owner is ready to launch Bitcoin service

Bitcoin is still considering seriously on Wall Street. Owner of New York Stock Exchange, Intercontinental Exchange, will launch a cryptocurrency data feed that pulls data from 15 crypto exchanges. Thus, to help hedge fund clients, banks, and trading firms hedge on cryptocurrencies. The solution, Cryptocurrency Data Feed, is assembles in partnership with a blockchain company …

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Bitcoin How Nigerians Beat Bitcoin Scams

How Nigerians Beat Bitcoin Scams

The fall of 2016 was a sad period for Nigerians, over 3 million people lost their life savings to MMM. Though the government threatened to shut down all bank accounts associated with a scheme, participants still continued with bitcoin until MMM crashed. Despite this sad occurrence, many participants were convinced that Bitcoin was the future. …

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Exchange South Korea now targeting Bitcoin exchanges with huge tax bills

South Korea now targeting Bitcoin exchanges with huge tax bills

The government of South Korea is set to implement substantial tax bills on its Bitcoin Exchanges. This is its recent attempts to rein in the booming and volatile cryptocurrency sector. According to Yonhap reports on Monday citing the Ministry of Strategy and Finance official, South Korean Bitcoin exchanges will need to pay 22% corporate and …

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Bitcoin U.S. rating agency Weiss set to issue grades on Cryptocurrencies

U.S. rating agency Weiss set to issue grades on Cryptocurrencies

Weiss, the American rating agency which is also known as an independent financial rating agency, is now ready to keep up with the latest technology. Recently, the company has announced that they are going to issues letter grades on Cryptocurrencies. It will be the first of its kind for any rating agency based out of …

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Bitcoin Battle-Testing Lightning: 26 Schools Start Contest to Secure Bitcoin’s Layer 2

Battle-Testing Lightning: 26 Schools Start Contest to Secure Bitcoin’s Layer 2

Lightning Network, an innovation by Lightning Labs is the main hope for professedly bitcoin’s scaling issues. However it is currently facing some delays as only a handful of developers are working to make it a reality. Recently, a group of 26 universities known as the Bsafe.network launched a contest with an undisclosed prize to entice …

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News Ledger Nano S hardware raises $75 million in second round of funding

Ledger Nano S hardware raises $75 million in second round of funding

Ledger, a company that manufactures Ledger Nano S hardware or cold crypto wallet. It has raised $75 million in the second round of funding to ramp up production and solve back-order issues. It is the most significant Series B regarding amount raised by a crypto startup when you exclude ICOs. The round was oversubscribes according …

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Exchange Tether increases amount of USDT in circulation amidst fears of USD backing reserves

Tether increases amount of USDT in circulation amidst fears of USD backing reserves

Tether cryptocurrency whose token is USDT, tethers every USDT for one dollar of a reserve. And preferably in a 1:1 ratio of USDT to USD. Suspicion is growing because it has printed a total of $700 mln USD worth of USDT in January so far. Some are claiming that with this high amount of money …

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Blockchain Florida and Nebraska legally recognize two blockchain bills

Florida and Nebraska legally recognize two blockchain bills

Florida and Nebraska states have both received bills that could see regularization of use of blockchain ledgers and smart contracts. The bill in Florida was introduced to by James Grant and Jackie Toledo by on January 9. Nebraska Legislature received the bill senator Carol Blood on January 3. The two bills further reflect the desire …

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Blockchain Vermont legislator proposes a bill that attracts blockchain businesses and an e-residency program

Vermont legislator proposes a bill that attracts blockchain businesses and an e-residency program

State Sen. Alison Clarkson has introduced a bill that will allow the creation of limited liability businesses involved in blockchain and cryptocurrencies in Vermont. The new companies will be taxed by the state in any coin they make, and at a low rate of $0.01. The bill also proposes a study that could see the …

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News India’s top bank suspend accounts of major bitcoin exchanges

India’s top bank suspend accounts of major bitcoin exchanges

Recently, the top banks of India have suspended accounts of major Bitcoin exchanges. Thus, suspecting of dubious transactions. Banks including Axis Bank, HDFC Bank, State Bank of India and Yes Bank have suspended accounts of top ten cryptocurrency exchanges. Such as Unocoin, BtcxIndia, Zebpay, CoinSecure among users. Reportedly, these banks have for additional collateral with …

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Blockchain Sweatcoins lets you earn crypto as you work out

Sweatcoins lets you earn crypto as you work out

There are many gym and professional home workout machines today, or field workout and exercising plans. Even those using mobile applications to track data in order to optimize workouts. Although many render the benefits of helping users lose weight and build muscles, most do not offer the option to earn extra coin from the workout …

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Blockchain Colorado Senate bill proposes use of Blockchain for data security

Colorado Senate bill proposes use of Blockchain for data security

Colorado could start using blockchain to secure private data from cyber attack if a new bill recently introduced is passed. Senate Bill 086 commence on Jan 16 and will eliminate paperwork and offer strict security to Colorado agencies’ data. Additionally, a blockchain system would also solve data collection and retention issues currently in the order. …

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Bitcoin Proton suspends Malaysia-based dealership for accepting Bitcoin payments

Proton suspends Malaysia-based dealership for accepting Bitcoin payments

Proton, which is one of the most popular auto companies, has suspended one of its dealerships in Seri Kembangan, Malaysia for accepting payment in Bitcoins. It seems Proton had never agreed with Anjur Kayangan Auto before it started accepting payments in Bitcoins with the former saying they do not recognize cryptocurrencies as a payment medium. …

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News CFTC files lawsuit against cryptocurrency investment schemes

CFTC files lawsuit against cryptocurrency investment schemes

The CFTC (Commodity Futures Trading Commission), US commodity files lawsuit against allegedly fraudulent cryptocurrency investment schemes. Both suits were filed on Thursday in US federal court in New York. Since these are the latest move from the country’s derivatives regulator in getting close over scrutiny activities into cryptocurrency. The joint statement published on the lawsuit …

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Ethereum Vitalik Buterin, Ethereum’s co-founder has left Fenbushi Capital

Vitalik Buterin, Ethereum’s co-founder has left Fenbushi Capital

The co-founder of Ethereum, Vitalik Buterin has left China-based VC firm Fenbushi Capital on Monday. Although he is listed as a general partner on the firm’s website, he told TechCrunch that he is no longer involved full-time but will retain his role as advisor. Buterin, who has previously threatened to leave cryptocurrency space. If all …

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Exchange Largest bank of Japan MUFG to launch its own cryptocurrency exchange

Largest bank of Japan MUFG to launch its own cryptocurrency exchange

Japan is indulging more in Bitcoin trading. The most significant bank in the country, MUFG is now planning to launch its cryptocurrency exchange before the end of this year to offer pegged cryptocurrency and bitcoin segregated accounts for clients. The bank is also reports to be working on its cryptocurrency that will be trading on …

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Ethereum Hackers gone after Stellar Lumen cryptocurrency and steals $400,000

Hackers gone after Stellar Lumen cryptocurrency and steals $400,000

BlackWallet app host server was hijacked Saturday and amount worth $400,000 of Stellar Lumen cryptocurrency stolen from users’ accounts. Although BlackWallet tried to warn users about the attack via forums, many sustain to log in and therefore lost money. Further, the site claims that the stolen Lumens were forward to Bittrex and converts into another …

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ICO Telegram intends to raise $1.2billion in TON ICO

Telegram intends to raise $1.2billion in TON ICO

The world’s fastest messaging app, Telegram is entering the realm of ICO. A portion of Telegram ICO funds shall be spending on salaries, offices, and consultants. Business Insider reported that this cloud-based instant messaging service plans to raise around $1.2billion in a blockbuster ICO. However, the app put in sound social media engagement to companies …

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Bitcoin Cryptocurrency markets boost revenues for Taiwan Semiconductor Manufacturing Co

Cryptocurrency markets boost revenues for Taiwan Semiconductor Manufacturing Co

World’s largest manufacturer of microchips, Taiwan Semiconductor Manufacturing Co. stands to benefit from the growth of cryptocurrencies such as Bitcoin this year. Increased crypto mining activities mean increased demand for microchips from manufacturers such as Nvidia and AMD. TSMC makes semiconductor chips for these two whose raw processing power is demanded to mint new coins …

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News Cryptocurrencies sell-off: causes massive price drops

Cryptocurrencies sell-off: causes massive price drops

It’s a low day in the market. All the top 20 cryptocurrencies suffered massive drops in prices in the last seven days according to data from CoinMarketCap. Although the prices rose moderately in the last 24 hours for most of the cryptocurrencies. However weekly trends reveal massive drops, except for two NEO and EOS. NEO, …

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Exchange South Koreans voting against crypto ban, demands minister resignation

South Koreans voting against crypto ban, demands minister resignation

More than 100,000 South Koreans want the government to reverse a proposal to restrict cryptocurrency trading in the country. And more than 30,000 want the Finance minister fired for market manipulation. The government is planning to regulate cryptocurrencies, but its moves are seen by many. Thus, trying to calm frantic demand for cryptocurrencies in South …

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Bitcoin France could regulate cryptocurrencies to fight tax evasion and terrorism

France could regulate cryptocurrencies to fight tax evasion and terrorism

Finance minister, France Bruno Le Maire has voiced concerns that cryptocurrencies such as Bitcoin are being used for hiding drug trafficking and terrorism. He also says the cryptocurrency is by a risk of speculation which he does not like. Thus has moved to order central bank chief to come up with a regulation. However, to …

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Bitcoin I can imagine a world in which Bitcoin becomes a global standard of value, says Xapo CEO

I can imagine a world in which Bitcoin becomes a global standard of value, says Xapo CEO

Bitcoin and cryptocurrencies are a wonderful experimentation and if that experimentation succeeds, it will be worth one million dollars. So says Xapo CEO and Paypal board member Wences Casares. He says there is a 50 percent chance for that experiment to succeed. If it happens, the world is going to be different. There is just …

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Ethereum Will NEO be resilient amidst market crash?

Will NEO be resilient amidst market crash?

NEO price rose by 25 percent on January 15 to a high of $180 but has since dropped to $126.6 according to CoinMarketCap as at the time of writing. While the run could be due to speculative market trends, it could also be due to the advantages NEO presents to crypto users. However, the rise …

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Exchange Bitconnect exchange will close down after regulatory warnings

Bitconnect exchange will close down after regulatory warnings

Bitconnect will close down its crypto lending and exchange platform in five days is owing to regulators’ warnings. BitConnect.co website will operate for wallet service, news, and educational purposes. However, it will continue supporting BitConnect coin, which will be on a list outside exchanges to offer trading options. At the same time, BitConnect X will …

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News SWIFT and Central Securities Depositories sign MOU for distributed ledger technology

SWIFT and Central Securities Depositories sign MOU for distributed ledger technology

SWIFT and seven Central Securities Depositories have signed an MOU to show how distributed ledger technology would be used in voting and proxy-voting and other applications. It will also show how ISO 20022 can support distributed ledger technology. Most importantly, it will help develop standards, which is the most pressing challenge for emerging technologies such …

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Ethereum Ethereum processes nearly half of all blockchain transactions, higher than 6 blockchain networks combined

Ethereum processes nearly half of all blockchain transactions, higher than 6 blockchain networks combined

Ethereum processed 49.3 percent of all blockchain-based transactions in the last 24 hours. Thus, more than does Bitcoin, Bitcoin Cash, Litecoin, Dash, BTG, and ETC blockchains combined. This translates to about $29 billion worth of transactions in the last 24 hours.   But this is a drop when you compare to the 52.3 percent it …

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Mining Just 20 percent of total Bitcoins available for mining

Just 20 percent of total Bitcoins available for mining

The 16.8 millionth bitcoin was mined last weekend, leaving the network with just 20 percent of available Bitcoins up for mining from the total planned mining resources of 21 million coins. There has been increased interested in cryptocurrencies in the recent past, without excluding mining operations. Many people see it as a lucrative way of …

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Exchange Coinbase is working on batching transactions and SegWit- CEO

Coinbase is working on batching transactions and SegWit- CEO

The global cryptocurrency market’s most significant brokerage and wallet platform, Coinbase valued at $1.6mln in last week. But it is now criticized for the absence of SegWit (Segregated Witness) and batching transaction. Lacking in Batching transaction and SegWit The lead engineer and architect at multi-signature blockchain security service provider BitGo, Jameson Lopp stated: “Low hanging fruit: …

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News XRP price likely to climb up further

XRP price likely to climb up further

XRP, a currency for Ripple platform, has recently been in the news for massive price gains. The firm is entering into a partnership with Moneygram to see the latter testing the currency on its transaction network. On January 14, Ripple also went into partnership with DMM.com for the latter to launch a feature that allows …

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Ethereum Decentralized RPG Ethercraft launches on Ethereum

Decentralized RPG Ethercraft launches on Ethereum

Etherecraft, an RPG multiplayer game includes a gaming marketplace. It has launched on Ethereum according to an announcement by developers on January 14. Decentralized RPG running on Ethereum The game rolled out with giving out 60 unique items to players, many of them free of charge. These items are redeemable through the MetaMask client which …

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Exchange Malaysian Tax Offcials freezes Luno Exchange Bank account

Malaysian Tax Offcials freezes Luno Exchange Bank account

Since the inception of Bitcoin, people are riding on a wave of Blockchain technology trends which has paved the ways for regulations and restrictions by authoritative. Tax investigation by Inland Revenue Board (IRB) Luno bank account has been suspended by Inland Revenue Board (IRB), pending a tax investigation on its users. Also, a report from Edge …

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News Ravi Menon Singapore MAS chief hopes on cryptocurrency future tech

Ravi Menon Singapore MAS chief hopes on cryptocurrency future tech

The managing director of the Monetary Authority of Singapore(MAS),Ravi Menon spoke on cryptocurrency future tech. Mr.Menon on Monday said that he hopes the technologies on cryptocurrencies likely blockchain will not be underpinned by virtual crash. Moreover, the Singapore is now stand as a hub for fintech but it takes “extend caution” while purchasing cryptocurrencies. Ravi …

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ICO India investors falling scam victims due to lure of profits

India investors falling scam victims due to lure of profits

Thousands of Indians are being attracted into investing in cryptocurrencies because of the high profits, only for some to fall into scamster’s traps. These kinds of scams and Ponzi schemes started in India after ICOs became a trend in mid-2016. According to Kislay Chaudhary, who is a cybersecurity consultant in the country. However, they became …

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Bitcoin Bitcoin price levels down after setbacks to respond to regulations

Bitcoin price levels down after setbacks to respond to regulations

Bitcoin prices are not as shaky as they were during the last three months of last year, swinging between a minimum of $13,000 and maximum of $17,000 levels. Bitcoin started the year at the $13,000 level and the highest it hit this year was a $17,000 level on January 5. It hasn’t yet dropped below …

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Exchange Kraken cryptocurrency exchange back online after unexpected delays

Kraken cryptocurrency exchange back online after unexpected delays

Kraken cryptocurrency exchange finally returned online Sunday 11.30 UTC after causing an uproar among users in a downtime that lasted more than 2 days. Users will now do unleveraged trading for free until the end of the month. Kraken had said this would happen after coming back. The service resumed and went on normally although …

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Exchange Metropolitan Bank Halts International Cryptocurrency Wire Transfers

Metropolitan Bank Halts International Cryptocurrency Wire Transfers

New York base Metropolitan Bank Holding Corp has ceased all cryptocurrency-related international wire transfers, effective immediately.    A customer of Metropolitan Bank reported to Fortune that he was notified of bank’s ceasing action for all international crypto-related wire transfers on an immediate basis. He addressed bank is inept of verifying the compliance of international wire …

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Bitcoin Hancock hospital computer system hacked, attackers asks Bitcoin ransom

Hancock hospital computer system hacked, attackers asks Bitcoin ransom

An unknown party hacked computer systems for Indiana-based Hancock Regional Hospital and halted operations demanding ransom payment in Bitcoins. Cryptocurrency demand catches attacker’s eye The attackers tried to shut operations and locked the system’s network. He demanded payment for a digital key to unlock the system. They did not specify the amount to be given in …

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News Anonymous Bitcoin philanthropist donate $8M to research MDMA

Anonymous Bitcoin philanthropist donate $8M to research MDMA

An unnamed donor will match donations worth $4m (£2.9m) in a project targeted at testing the health benefits of using MDMA in mental health. Cryptocurrency Donations Although there have been increased donations in cryptocurrencies in the recent past, this is probably the largest philanthropic cryptocurrency donation ever. The donor will convert Bitcoin into cash and …

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News Counterparty fork to move to Bitcoin Cash network

Counterparty fork to move to Bitcoin Cash network

The original Counterparty, which is a peer-to-peer platform launched in 2014, is splitting and the new fork will be hosted by Bitcoin Cash network. The fork will create a new protocol by burning coins (thorugh sending to an unspendable address). And it will have its own currency called XCPC that can be used to pay …

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News Bitcoin miners in China considering moving operations to Canada

Bitcoin miners in China considering moving operations to Canada

China has not been easy on cryptocurrencies since last year and moved on to ban ICOs in September. That led to exchanges and cryptocurrency trading platforms stopping to register new users from the country and indeed close down. China holds major Bitcoin mining operations Before crackdowns, China accounted for more than two-thirds of world’s Bitcoin …

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News US Treasury to prevent use of Bitcoin for illegal activity

US Treasury to prevent use of Bitcoin for illegal activity

Treasurer of US Treasury Steven Mnuchin said on Friday that Treasury will work with 20 nations for Bitcoin eradication.  He wants to eliminate Bitcoin from being used “to do bad things.” Moreover, Mnuchin said they are with the group to ensure Bitcoin wallets do not become the Swiss numbered bank account. (The bank is equivalent …

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News Kraken delays coming back up online citing a bug

Kraken delays coming back up online citing a bug

Kraken, one of the biggest crypto exchanges based on San Francisco-based went offline on 9 p.m. Wednesday for maintenance but failed to return back up online after two hours as scheduled. The news came up that they would be offline for two hours. That changed to four hours, 8, 15, 26, 29 and further additions. …

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Bitcoin KFC Canada accepts Bitcoin payment for Bitcoin Bucket

KFC Canada accepts Bitcoin payment for Bitcoin Bucket

KFC Canada is accepting Bitcoin payment which eventually numbered as 0.0011204BTC as equal to $20 CAD and additional $5 for shipping. The menu will run “Bitcoin Bucket” for a limited period and available only for online orders. You can order this Bitcoin bucket of 10 chicken tenders, waffle fries, gravy, a side and two dips …

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Bitcoin Reason Why Kodak’s Bitcoin Scheme Is a Scam

Reason Why Kodak’s Bitcoin Scheme Is a Scam

During CES 2018, Kodak has plans to introduce its own cryptocurrency (KodakCoin) and establish a Bitcoin Mining Scheme (KashMiner) with the intention to share lucrative income with its customers. Introducing the cryptocurrency isn’t a terrible idea. It implements blockchain technology to solve the authentic topics. However, establishing KashMiner is the clear indication of a scam. …

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News Bitcoin ETF Disrupted by SEC Liquidity

Bitcoin ETF Disrupted by SEC Liquidity

The U.S. Securities & Exchanges Commission have prohibited a series of Bitcoin exchange-traded funds and two cryptocurrency mutual funds on January 8, 2018. The regulator’s anxieties comprise the safety of bounding traded ETFs to potentially illiquid assets & whether funds can be exactly esteemed when the prices of virtual coins are soared, said people with …

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News First cryptocurrency pop group formed in Japan

First cryptocurrency pop group formed in Japan

Japanese entertainment company Cinderella Academy has formed the first cryptocurrency pop group called Kasotsuka Shojo. The group comprise of eight members, each of which represents a different cryptocurrency. The group is holding the first cryptopop concert today Friday in Tokyo.  World now has a Cryptocurrency pop group The name translates to Virtual Currency Girls and …

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News Moneygram to work with Ripple in a pilot program test

Moneygram to work with Ripple in a pilot program test

MoneyGram, will be testing the use of Ripple’s XRP currency on its payment network. The  following Thursday signing of an agreement between the two. At the same time, MoneyGram shares yesterday shot highest in 10 months — from 10 percent to $13.39 at 9:37 a.m. in New York — following the announcement. On the other …

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News North American Bitcoin Conference ceases to accept Bitcoin payments

North American Bitcoin Conference ceases to accept Bitcoin payments

Bitcoin’s congestion issues, slow, costly & laborious transactions are making it difficult to serve merchants’ needs, when being used as a payment method. Latest announcement comes from organizers of the North American Bitcoin Conference an annual conference that brings together cryptocurrency enthusiasts from all over the world. Affecting this year’s conference only, the conference has …

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News Digital currencies could succeed in developing countries, says Goldman Sachs

Digital currencies could succeed in developing countries, says Goldman Sachs

Bitcoin and other cryptocurrencies could offer good alternatives to fiat in areas where fiat is inadequately supplied & there are problems of inflation with supply mismanagement of fiat. An example of these areas is sub-Sahara African countries. Bitcoin as Money However, Cryptocurrencies may not be as successful in areas like United States where the U.S. …

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Mining Dutch researchers mining cryptocurrencies with body heat

Dutch researchers mining cryptocurrencies with body heat

The research team from the Institute of Human Obsolescence led by Manuel Beltrán is experimenting mining of cryptocurrencies using body energy & heat.   Cryptocurrencies mining The research team from the Institute of Human Obsolescence has designed a body suit that harvests body heat & converts it into suitable energy source, and that source is …

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News JP Morgan Chase chairman regrets saying “Bitcoin is a fraud”

JP Morgan Chase chairman regrets saying “Bitcoin is a fraud”

JP Morgan Chase chairman & CEO Jamie Dimon says he regrets making comments in September that Bitcoin was  “worse than tulip bulbs” and that cryptocurrency was a fraud. In an interview with Fox Business, Dimon clarified that blockchain is real and that “you can have cryptodollars in yen and stuff like that.” Further, while there …

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Blockchain Comcast Ventures is speculating on blockchain technologies

Comcast Ventures is speculating on blockchain technologies

Gil Beyda, Managing director of Comcast Ventures. The investment arm of the world’s largest media & telecom companies said, “In 2018 we’re doubling down on blockchain”. Beyda insists, for the venture capital arm of Comcast, an investment in blockchain is not opportunistic. he said, “In order to understand clearly, if the value of Bitcoin were …

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News Australian Tax Office Enforces Tax On Cryptocurrency

Australian Tax Office Enforces Tax On Cryptocurrency

The government of Australia is focusing on crypto traders as it forms a taskforce to ensure tax compliance. By establishing taskforce the government can easily monitor cryptocurrency transactions, as per to the report of the Australian Financial Review. Australia is the latest country to initiate working on cryptocurrency trading for the goal of the tax. The …

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News Tronvoted for endorsement from China

Tronvoted for endorsement from China

Tron Labs announced on its official Medium page that a sibling social media company known as Peiwo APP which is the main associate of Tron Union- received official recognition from the government of China. What is Tron? It is a blockchain-based ecosystem for digital content. Users of the coin Tronix can easily publish, store, and …

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News SEC Expelled Trading of UBI Blockchain Shares

SEC Expelled Trading of UBI Blockchain Shares

The U.S. Securities and Exchange Commission (SEC) published a statement announcing the eviction of trading of Hong Kong-based UBI Blockchain’s stock. The SEC is decided to suspend the trading due to questions about its recent public fillings along with market activity around the company’s stock. The agency clarified: “The Commission temporarily suspended trading in the …

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News Novagratz to start a crypto merchant bank

Novagratz to start a crypto merchant bank

Former Goldman Sachs Group Inc. banker Mike Novogratz plans to start a merchant bank dedicated to cryptocurrencies and blockchain. He plans to acquire Vancouver-based First Coin Capital Corp and rename the new combined entity to Galaxy Digital LP bank and list it through a reverse takeover of inactive Bradmer Pharmaceuticals Inc which is listed on …

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News Litecoin to test Bitcoin fee estimation features

Litecoin to test Bitcoin fee estimation features

Charlie Lee has proposed a fee estimation soft fork upgrade to let miners signal the minimum fee accepted in a block header and make it easier for users to estimate fees. He said on twitter the process will help the market to dynamically find the right fee rate without developers having to dictate the minimum …

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Bitcoin Factors that could influence Bitcoin success and prices in 2018

Factors that could influence Bitcoin success and prices in 2018

2017 was in no doubt a Bitcoin year. The cryptocurrency stole the show from others, even in the mainstream, rising from under $5,000 to more than $19,000. No sooner did it start to report successes than many other factors begun to come into play and which could determine its price in 2018. But it has …

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News Governments could regulate Bitcoin out of existence, says Economics professor

Governments could regulate Bitcoin out of existence, says Economics professor

Economics professor at Havard Kenneth S. Rogoff, who is also a crypto expert, says governments could regulate Bitcoin out of existence. While there would be nothing to be concerned about with cryptocurrency micro payments, governments would be worried about large-scale anonymous payments & want to identify involved users. He says, for instance, these kind of …

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Bitcoin Microsoft halts Bitcoin transactions

Microsoft halts Bitcoin transactions

Microsoft users will no longer be able to buy products from the company using Bitcoin as payment method, joining other major operators such as Visa & Steam in the contagious kind of decision. Steam also had came to same conclusion Microsoft say the decision for stopping support is due to Bitcoin’s volatility same as Steem’s …

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Blockchain WWF implements blockchain technology to advance tuna industry

WWF implements blockchain technology to advance tuna industry

It was energy industry in Estonia, getting involved with blockchain business and now it is WWF that is moving ahead with blockchain technology to revolutionize seafood industry. Blockchain technology to advance tuna industry Established in 1961, WWF is an international non-governmental organization proposing towards the environment preservation. However, it is the first of its kind …

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Blockchain New LocalBitcoins wallet addresses now compatible with Segwit

New LocalBitcoins wallet addresses now compatible with Segwit

LocalBitcoins, a service that allows users to search for and connect with local sellers of Bitcoins, is now offering Segwit compatible wallet address. To activate this feature, users will only need to send one last non-segwit transaction to their current receiving address. The system will generate a new address when the latest user’s address receives …

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News Brazil could turn to Ethereum blockchain to collect petition signatures

Brazil could turn to Ethereum blockchain to collect petition signatures

The constitution requires that the Brazilian Congress must hear any petition that gets 1 percent of signatures from the electorates. But that constitutional promise has caused political crisis related to the electoral process. Failure to fulfill this promise had been due to lack of a platform that can securely collect and verify the signatures and …

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News Visa suspends pre-paid crypto cards

Visa suspends pre-paid crypto cards

Prepaid Visa card users will no longer be able to use the cards for cryptocurrency transaction after Visa suspended the service starting January 5. This is another embarrassing move by a major financial institution. With the cards, users could fund their accounts using BTC or ETH. They can withdraw it in regular currencies such as …

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Blockchain Elering and WePower partnership will bring energy tokenization

Elering and WePower partnership will bring energy tokenization

The era of tokenization is booming rapidly across several industries. One of the blockchain based green energy platform, WePower is teaming up with Estonian national transmission operator, Elering. The partnership announces the pilot project, aims at stimulating large-scale energy data on the blockchain technology in Estonia. Energy tokenization However, this project is first of its …

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Banking/Finance Group Nduom urges one percent of Ghana’s reserve in Bitcoin

Group Nduom urges one percent of Ghana’s reserve in Bitcoin

Group Nduom Vice President has urged Bank of Ghana to place one percent of its reserves in Bitcoin to diversify investment. Kyle Torpey said everything is a gamble Responding to claims that Bitcoin is a gamble, he said “everything is a gamble”. One would not do anything if he or she was occupied with thoughts …

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News Bitconnect gets cease order from Texas State Securities Board

Bitconnect gets cease order from Texas State Securities Board

BitConnect handed a cease order from Texas State Securities Board (TSSB) on January 5, stating to close down operations in 30 days. TSSB orders Bitconnect stop operation The cease and desist letter orders BitConnect to stop selling its Bitconnect Coin assets in Texas until when it registers with Securities Commissioner or given exemptions to register. It …

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Bitcoin Bitcoin mining projections in 2018

Bitcoin mining projections in 2018

Modeling of Bitcoin mining return projections requires one to consider two factors; namely growth of global hashrate and price of the cryptocurrency with respect to the base currency. Before doing that, let’s ascertain how many miners the market see in 2018? Bitmain’s control Bitmain, a Chinese privately owned multi national semiconductor company controls 70 percent …

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News Facebook CEO Zuckerberg to study cryptocurrencies

Facebook CEO Zuckerberg to study cryptocurrencies

cryptocurrencies and decentralizing technologies can be used as a part of overcoming Facebook challenges in 2018. Facebook CEO Zuckerberg said in a Facebook post one of the most interesting questions in technology was centralization versus decentralization and although many people came to technology with believe it would decentralize power, that hope is lost.   Rise …

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News Ride a bicycle and earn oCoin cryptocurrency from oBike

Ride a bicycle and earn oCoin cryptocurrency from oBike

Ride, Earn and stay fit with oBike’s service. The firm is launching oCoin cryptocurrency for bikers. You will earn oCoin as long as you ride a bike. Also, you can purchase online content from the app linked to Tron’s platform like Peiwo and live-streaming app Uplive. oBike partnered with Tronix On December 26, 2017, oBike has …

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Ethereum Ethereum reaches $1000 milestone

Ethereum reaches $1000 milestone

Ethereum has crossed $1,000 for the first time in history on Thursday 10:05 a.m.  It is now trading at $1,065 according to Coinmarketcap. The cryptocurrency’s market capitalization attained a new high of above $100 billion today. Scalability and development The development comes after announcement of two new subsidy programs. However, these programs would reward people supporting …

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Bitcoin Japan is now the new heart of Bitcoin

Japan is now the new heart of Bitcoin

Japan played a key role in the excellence of Bitcoin last year despite the setback the cryptocurrency suffered including hard forks, hacks & scams. Japan’s Financial Services Agency (FSA) also did not disappoint unlike regulators in most other countries. It analyzed the cryptocurrency issues and came up with fair rules. These rules to regulate virtual …

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Bitcoin FanDuel offering Bitcoin prizes to players

FanDuel offering Bitcoin prizes to players

Fans can now win Bitcoins when playing fantasy football following the launch of two contests by FanDuel. Bitcoin Bowl Free Play One of those contests is the The Bitcoin Bowl Free Play to be held on the Week 1 of the NFL Playoffs. One person will get a chance to win one Bitcoin. The second …

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News Stellar is new hottest cryptocurrency of 2018

Stellar is new hottest cryptocurrency of 2018

In the last week, Stellar cryptocurrency rose from 3.7 billion to more than 15.9 billion in market cap. This puts it in the 7th position among all other cryptocurrencies according to CoinMarketCap data. The price has also moved from $0.000014 to more than $0.8 in the same period. Stellar rose by more than 65 percent …

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Ethereum Vitalik Buterin announces subsidy programs for those committing to solve scalability issue

Vitalik Buterin announces subsidy programs for those committing to solve scalability issue

Ethereum Foundation is inviting developers, companies, and universities to apply for subsidies. Also rewards for committing their resources to expanding Ethereum ecosystem. According to a blog post by Vitalik Buterin, those who commit their resources to sharding. And thus the second layer protocols can get subsidies between $50,000 and $1 million. The two initiatives are …

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Exchange South Korea accounts to end anonymous crypto trading by Jan 20

South Korea accounts to end anonymous crypto trading by Jan 20

South Korea could implement a system for real-name identity verification in crypto trading by Jan 20. Also efficiently end anonymous cryptocurrency trading. Yonhap reported, “The South Korean government has been developing a system that is likely to start banning the use of anonymous accounts in cryptocurrency transactions from around Jan. 20”. Currently, many South Koreans …

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Bitcoin Expert says Bitcoin’s gender divide indicates a bad sign

Expert says Bitcoin’s gender divide indicates a bad sign

Bitcoin’s a club of boys, and that could be a problem according to Duncan Stewart, research director of Deloitte Canada’s technology division. More than one surveys reveal that women are underrepresenting in the world of cryptocurrencies. The fact that men dominate cryptocurrency world is itself a bubble. “There are studies out there that suggest men …

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Blockchain Chanticleer Holdings announces a reward program based on blockchain

Chanticleer Holdings announces a reward program based on blockchain

Chanticleer Holdings, a restaurant, saw its stock increase in price by 50 percent on Tuesday. Since after announcing that it is moving towards rewards programs based on the blockchain. The program, which is being done in partnership with Mobivity Holdings Corp. The makers of the award-winning platform for intelligent and personalized marketing in the real …

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Bitcoin Singapore’s first cashless Ducatus cafe lets you buy coffee with Bitcoin

Singapore’s first cashless Ducatus cafe lets you buy coffee with Bitcoin

Ducatus Cafe, which is owned by a cryptocurrency mining company Ducatus Global, is the first of its kind in the country’s CBD. It lets you pay coffee not just by credit card and Nets, but also with its own Ducatus coin and Bitcoins. The cafe, which launched in December last year, soon will bebe accepting …

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Exchange Binance is fastest profitable startup to achieve unicorn status in history

Binance is fastest profitable startup to achieve unicorn status in history

Binance is now probably the fastest profitable startup to achieve unicorn status in history with a valuation of close to $2 billion. They made it in less than six months. A unicorn is a private company with a valuation of over $1 billion. Although most people outside of the cryptocurrency scenes have never heard about …

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Exchange Beijing-based crypto exchange Huobi moving to Japan

Beijing-based crypto exchange Huobi moving to Japan

Huobi, which was at one time the largest Bitcoin trading platform in China. It is now moving to Japan from the first quarter of this year 2018. The exchange announced a deal with Japanese financial institution SBI Group, which will see it move to the country. It is partnering with SBI to launch two virtual …

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Blockchain Fintech startup launches physical Bitcoin products

Fintech startup launches physical Bitcoin products

Bitcoin is going into mainstream in a rapidly growing crypto economy. Canada-based Fintech Select Ltd last month launched a physical representation of Bitcoin and SelectCoin cards. Selectcoin cryptocurrency is a blockchain based POS platform. It allows users to buy Bitcoins from retail locations. Moreover, the company provides pre-paid programs, cryptocurrency technologies, and mobile banking solutions. …

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Bitcoin Packers Party House at Lambeau Field is up for sale and owner wants payment in Bitcoin

Packers Party House at Lambeau Field is up for sale and owner wants payment in Bitcoin

Former Facebook executive Chris Murphy who is owner of Packers Party House near the Lambeau Field is offering the house for sale and wants payment in Bitcoins or Ethereum. Murphy paid $285,000 for the house in 2011 and is now selling if for nearly four times the price. Preferably $1mln worth of Bitcoins. The property …

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Blockchain Simon Yu: from a broke undergrad to StormX blockchain boss

Simon Yu: from a broke undergrad to StormX blockchain boss

Chief executive of StormX blockchain venture Simon Yu, also known as Yu Byung-hoon in Korea, has made millions from his company he founded together with software developer Calvin Hsieh. The cryptocurrency, which raised $32 million in a December ICO, is a blockchain payment platform that supports employers of freelancers. About 10,000 investors came from around …

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Bitcoin John McAfee blackmailed Verge cryptocurrency ahead launch of Wraith

John McAfee blackmailed Verge cryptocurrency ahead launch of Wraith

Leaked texts now suggest that John McAfee, the head of McAfee antivirus blackmailed the rising cryptocurrency Verge ahead launching of their new privacy protocol called Wraith. According to the texts, he asked for money to promote and pump the coin. While McAfee claims on Twitter that his phone was hacked and posts in support of …

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Bitcoin Why South Korea is worried of Bitcoin trend

Why South Korea is worried of Bitcoin trend

South Korea has been leading in Bitcoin fields with close to 20 percent of shares but has recently been in the news trying to regulate Bitcoin and in fact fighting Bitcoin trend. On Thursday, the government said through the Ministry of Justice that it is considering shutting down all cryptocurrency exchanges in the country. The …

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Mining NiceHash substitutes CEO after hackers steals $63mln

NiceHash substitutes CEO after hackers steals $63mln

2017 will be an unforgettable year for Bitcoin. The year has grabbed the entire mainstream market and spelled a shower upon many investors. However, several digital currency platforms have witnessed many illicit activities spiraling into millions of dollars through hacks and scams. Reportedly, on 6th dec,2017, the Slovenian cryptocurrency mining startup NiceHash lost $63mln. As …

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Bitcoin A good start to the New year- Bitcoin price hovering below $14000

A good start to the New year- Bitcoin price hovering below $14000

It is the excellent start to the New Year 2018 as the bitcoin price hovering below $14000 mark. At the press time, it was trading at $13,833.40 on CoinmarketCap. Remarkably, 2017 was the high for Bitcoin in spite of some volatility. Since, the beginning of the year, it had jumped 14 times of &1000. As …

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ICO ICOs raised $4 billion in 2017; what’s there for 2018

ICOs raised $4 billion in 2017; what’s there for 2018

The era of cryptocurrency has shown the significant growth in 2017 which has raised crypto startups and ultimately ICO trends. ICOs raised $4 billion in 2017 Despite the number of regulations and ban from countries including China, ICO funding process counts for $4 Billion in last year. Consequently, countless startups have been emerged by relating …

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Exchange Exmo Finance boss paid $1 million worth Bitcoins ranson to secure release after kidnap

Exmo Finance boss paid $1 million worth Bitcoins ranson to secure release after kidnap

Financial Times yesterday reported unverified news that Exmo exchange manager Pavel Lerner who was kidnapped by an armed gang this week, paid a ransom of $1 million equivalent of Bitcoins to secure his release. The news report was according to Anton Gerashchenko, who is an adviser to the Ukrainian interior minister. It said that Kiev …

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Exchange Zclassic up by 2,145 percent in seven days

Zclassic up by 2,145 percent in seven days

The zclassic price rose by more than 2,000 percent in the last week and caused an uproar in the markets. The coin is now trading at $82.02, representing a fall of 19 percent in the last 24 hours. Until the time of writing this article (Saturday). The market capitalization stands at 148 billion with more …

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News Officially Ripple crosses $52 bln and overtakes Bitcoin Cash

Officially Ripple crosses $52 bln and overtakes Bitcoin Cash

Ripple’s token XRP has overtaken Bitcoin Cash to become the second largest cryptocurrency regarding market capitalization. It now has a market capitalization of $101 billion according to CoinMarketCap. The main reason for Ripple surge in value is that the whole crypto market is experiencing a massive correction. Several cryptocurrencies have declined in value recently. For …

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Bitcoin Will Bitcoin’s Lightning Network high transaction fees of altcoins

Will Bitcoin’s Lightning Network high transaction fees of altcoins

Lightning Network technology could solve two of the most daunting challenges on the Bitcoin network, namely delayed transactions and transaction fees which have reached over $30 in the last few months. This could disrupt altcoins that market themselves as helping users to lower transaction fees. For instance, Litecoin transaction fees are about $0.39, Bitcoin Cash’s …

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Bitcoin 2018 will be a turning point for Bitcoin, says Roger McNamee

2018 will be a turning point for Bitcoin, says Roger McNamee

Several Bitcoin experts have strong opinions on Bitcoin with a few quite hesitant on the phases of cryptocurrency. Most are more likely to highlight the volatility and major drops in prices over the year. But, Roger McNamee, an early Facebook investor and Elevation Partners co-founder, thinks that 2018 will be a decisive year for Bitcoin. …

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News Billionaire restaurateur says ‘I think Bitcoin it’s here to stay’

Billionaire restaurateur says ‘I think Bitcoin it’s here to stay’

Billionaire restaurateur, Tilman Fertitta compares the rise of Bitcoin trend to the dot-com boom of the late 1990s. CEO and Founder of Landry’s told CNBC’s on Thursday, “I think it’s here to stay. It’s no different than anything new. Everybody forgets that if you put ‘.com’ at the end of your name just 20 years …

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News Supreme Court to determine fate of Ross Ulbricht

Supreme Court to determine fate of Ross Ulbricht

Ross Ulbricht or “Free Ross,” has submitted a writ of certiorari to the Supreme Court to have his case reviewed. The submission is seeking to overturn a decision by the Second Circuit Court of Appeals to uphold his conviction and sentence.

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Ethereum Crypto investors need to grow up and stop flaunting, says Ethereum founder

Crypto investors need to grow up and stop flaunting, says Ethereum founder

Ethereum founder Vitalik Buterin says cryptocurrency investors who are flaunting their crypto wealth online are missing the point of how the technology can change the society. He said on Twitter that it is immature for them to behave this way. Thus, the community should move away from the shows. “If all that we accomplish is …

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Exchange Meet Bisq, a censorship-resistance fiat-crypto exchange

Meet Bisq, a censorship-resistance fiat-crypto exchange

There are compelling reasons to believe that centralized exchanges will continue to master Bitcoin marketplaces for some time given their current popularity. However, it is apparent that they will in future face stiffer competition from decentralized competitors like Bisq. Hacks, flash crashes, government censorship and privacy and security lawsuits against crypto firms are uncommon nowadays. …

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ICO John McAfee’s Twitter account hacked and hacker recommends “coin of the day”

John McAfee’s Twitter account hacked and hacker recommends “coin of the day”

John McAfee’s Twitter account was hacked yesterday and the hacker posted recommendations of the ‘coin of the day’ leading to pumps and dumps of the said coins. McAfee later tweeted complaining of the hack and the tweet that recommended Siacoin and then NXT, PTOY, BAT and XRP saying Twitter had been informed of the hack. …

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Ethereum Barry Silbert cashes on Ethereum Classic price rise

Barry Silbert cashes on Ethereum Classic price rise

Former Wall Street investment banker who invests in distress assets bought Ethereum Classic at the price of $0.50 per coin seventeenth months ago and the currency is now trading at more than $30. Ethereum Classic has even seen highs of as much as $47 previously, meaning it increased in price more than Bitcoin. Silbert is …

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Bitcoin Mitsubishi UFJ Trust launch a service to protect crypto holders

Mitsubishi UFJ Trust launch a service to protect crypto holders

Japan based Nikkei Asian Review, online publication reports, Japanese Mitsubishi UFJ Trust and Banking is now providing a service that protects crypto holders. In case, the exchanges they use shuts down or being hacked. The giant bank will be holding records from cryptocurrency exchanges of customers who opt-in for the scheme. If at all the …

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News Finance Ministry of Russia draft law on cryptocurrencies regulation

Finance Ministry of Russia draft law on cryptocurrencies regulation

Recently, Russia takes a step forward with its plans on cryptocurrencies regulation  and ICOs. Thus, to provide an accurate framework for trading in the industry. According to Antony Siluanov, Finance Minister said in Econo Times, “The Ministry of Finance has prepared a draft law, currently under consideration, which will determine the procedure for issuing, taxing, buying and …

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News Bitcoin would trade between $6500 to $22000 in 2018, says Nick Colas

Bitcoin would trade between $6500 to $22000 in 2018, says Nick Colas

Nick Colas who has been in cryptocurrency sphere for four years has analyzed that bitcoin in 2018 would trade between $6500 to $22000. However, the Bitcoin was trading at the volume of $15500 at the time of announcement on December 27. The first wall street analyst Nick Colas says that the top digital currency would …

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News South Korea imposing the new regulations on cryptocurrency trading

South Korea imposing the new regulations on cryptocurrency trading

South Korea’s government said on Thursday that it will execute more measures to operate cryptocurrency trading. The government declares that, “The government had warned several times that virtual coins cannot play a role as actual currency and could result in high losses due to excessive volatility”. But, the government has not given accurate examples. Instead, …

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Bitcoin Bitcoin price drop shouldn’t lure investors in, says strategist

Bitcoin price drop shouldn’t lure investors in, says strategist

Investors should not be lured to buy Bitcoin simply because the price has dropped according to a foreign exchange strategist Boris Schlossberg. He says they should not fall victims to force hope and volatility is expected to run for several weeks. He said this even as prices slumped to $10,400 Friday. But resumed to an …

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Banking/Finance Swissquote has launched an exchange tradeable certificate

Swissquote has launched an exchange tradeable certificate

Swiss online bank launches Bitcoin certificate to solve volatility equation for investors Active Bitcoin Certificate Online Swiss bank Swissquote has launched an exchange tradeable certificate named Active Bitcoin Certificate. The certificate will reduce investors’ exposure to volatility by moving holding between Bitcoin and U.S. dollar through a proprietary machine-learning algorithm. The algorithm will analyze patterns, …

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News Is Bitcoin back, hitting $15k onTuesday?

Is Bitcoin back, hitting $15k onTuesday?

From past 10 days when Bitcoin dropped from $19k to below $10k, People have been checking the value of bitcoin more than any other updates on their iPhones. The dripping value of world’s biggest cryptocurrency wasn’t good welcome for Christmas. But sluggishly Bitcoin is back into recovering mode after the Christmas. It rose more than …

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News ISA Chairman Shmuel Hauser proposes regulation to cryptocurrency firms

ISA Chairman Shmuel Hauser proposes regulation to cryptocurrency firms

Cryptocurrencies based Companies will be ban from trading on Tel Aviv Stock Exchange (TASE). Shamuel Hauser, the ISA (Israel Securities Authority) chairman will be proposing a prior notice to the ISA board next week. The proposal would contain regulations for bitcoin/cryptocurrency based firms. If we have a company that their main business is digital currencies …

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News Julian Hosp says bitcoin’s rapid rise isn’t over yet

Julian Hosp says bitcoin’s rapid rise isn’t over yet

Julian Hosp predict Bitcoin could hit $60000 in coming year but another crash is on way.  He assumes very healthy price of digital currency but ending up the talk saying crypto winter is coming right now. In this regard, Hosp who is the co-founder & president of TenX has stated I think we’re going to …

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News Bitpay re-enabled minimum BitPay invoice amount to $100

Bitpay re-enabled minimum BitPay invoice amount to $100

On December 22, Bitpay had announced an emergency update about merchant’s invoice and has immediately re-enabled it on December 24. According to the official Bitpay blog, the website was seeing high volume of transactions which has eventually led to soaring miner fees. It stated that Bitcoin miner fees was above $30 per transaction and the …

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Bitcoin Danish hockey player becomes first athlete to get paid in Bitcoin

Danish hockey player becomes first athlete to get paid in Bitcoin

Niklas Nikolajsen, CEO at Bitcoin Suisse, signed a three-year sponsorship agreement with the club. Bitcoin Suisse is a crypto financial broker, asset manager, and service provider based in Zug, Switzerland. It disclosed the partnership with the top league ice hockey team of Denmark. The famous player of Rungsted, Nikolaj Rosenthal (26-year-old) is agreed to receive …

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News Coinbase bitcoin exchange has temporarily disabled the trading

Coinbase bitcoin exchange has temporarily disabled the trading

Coinbase is one of the leading currency exchanges headquartered in San Francisco, California is back in action after trading was disabled for more than two hours. Coinbase stated on its website Buys and sells have been re-enabled, we are monitoring for stability Bitcoin Sets Record Bitcoin has set a record of $19,800 on Sunday and …

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News Charlie Lee founder of Litecoin sells all his assets in cryptocurrency

Charlie Lee founder of Litecoin sells all his assets in cryptocurrency

Litecoin Founder Charlie Lee announced his decision to sell and donate LiteCoin on Reddit to avoid conflicts of interests that come with his influence as founder. He is not quitting Litecoin though but he has massive influence in the cryptocurrency space. Further he stated “Whenever I tweet about Litecoin price or even just good or bad news.  …

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Banking/Finance Goldman Sachs to set up cryptocurrency trading desk

Goldman Sachs to set up cryptocurrency trading desk

Goldman Sachs bank is trying to determine how it will maintain custody of the digital assets in readiness to set up a cryptocurrency trading desk by end of June 218. The intention is to make markets in digital currencies such as Bitcoin. According to Bloomberg report, which cites three people with knowledge of the strategy. …

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Bitcoin Ron William warns Bitcoin price fall could affect other markets

Ron William warns Bitcoin price fall could affect other markets

According to Ron William who is the founder and principle market strategist at RW Market Advisory warns Bitcoin price fall  could negatively affect other markets. He said this as Bitcoin price tumbled below $13,000 Friday shedding $3000 in less than half a day, although it recovered to $14,000 later on. “Price is extremely irrational. And now it …

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News Crypto traders offended as Bitcoin India users’ accounts blocked

Crypto traders offended as Bitcoin India users’ accounts blocked

Users of wallet service Bitcoin India are in shock after their accounts were locked. Since more than a month now, with the platform saying it was looking into the problem. Many of the accounts that had fiat and crypto balances worth Rs 50 lakh are showing zero balance now. The action has affected traders willing …

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News Ripple price surpasses an historic high record value

Ripple price surpasses an historic high record value

The new and world’s fourth-biggest cryptocurrency, Ripple has passed a dollar for the first time in its history. According to CoinMarketCap, Ripple’s XRP token has achieved an all-time high of $1.09 USD, at the press time. However, it equates the enormous rise of 1783% in value from the beginning of the year. Remarkably, around $43billion …

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News Bitcoin is more like dancing up and down

Bitcoin is more like dancing up and down

Bitcoin’s dancing but not in an enjoyable way after slumping from a record high price of $20,089 Sunday 12.19 UTC. And closed at 19,000 level on Monday then danced between 17,000 and 16,000 levels on Wednesday and Thursday fell to the 15,000 level. It went at the $13,300 level today and is now trading at …

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Exchange EtherDelta suspends service following hack alleges

EtherDelta suspends service following hack alleges

Crypto world is reporting hacks every other day and EtherDelta, a popular exchange has been compromised leading to its suspending of services. However, its website is still down as at the time of writing. However, the company announced today on Twitter that it is in the “last step of bringing the service back” and would …

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Exchange Japan’s DMM unveils details of upcoming cryptocurrency exchange

Japan’s DMM unveils details of upcoming cryptocurrency exchange

An operator of DMM.com DMM Group has released details of the cryptocurrency exchange that will be launching a cryptocurrency exchange on January 11 and has given more details on the same. The new exchange: DMM Bitcoin and will offer 7 cryptocurrencies, 14 trading pairs, and margin trading. Therefore, account opening will start on January 11. …

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Blockchain Stateless Rohingya citizens to get blockchain based digital IDs

Stateless Rohingya citizens to get blockchain based digital IDs

1000 citizens of Rohingya who fled Myanmar will next year get digital IDs on blockchain in a pilot project. Thus to help them receive banking and education services. The Rohingya Project will enable them to become members of the diaspora in Malaysia, Bangladesh, and Saudi Arabia. “They are disenfranchised,” Kyri Andreou, co-founder of the  Project, …

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Bitcoin 1000 BTC bounty by world’s first Bitcoin lottery

1000 BTC bounty by world’s first Bitcoin lottery

Lottoland, one of the Ireland’s best-known lottery operators which has been allowing punters to bet in lotteries in America’s Powerball and Europe’s Mega Millions, is launching own Bitcoin lottery. The daily draw is held Monday to Sunday at 8.30 p.m. It attracts more than 1,000 BTC jackpot. To win the $18 million bonanza, players have …

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Bitcoin Kuwait’s Ministry of Finance refuses to acknowledge Bitcoin

Kuwait’s Ministry of Finance refuses to acknowledge Bitcoin

Kuwait’s ministry of finance and central bank have declined to recognize Bitcoin and banned financial institutions from trading cryptocurrencies. The central bank prohibits dealings including acceptance of the use of cryptocurrencies for payment or opening portfolios as well as mediation between the parties. Arab Times cites sources that said the encrypted electronic currency is not …

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Bitcoin Cash Insider trading claims Coinbase investigating Bitcoin Cash

Insider trading claims Coinbase investigating Bitcoin Cash

Coinbase CEO Brian Armstrong has confirmed the company is investigating claims that insider staff took advantage of insider information about Tuesday’s launch of Bitcoin Cash on the exchange and gained from the development. Bitcoin Cash price hit a high of $8, 500 on Coinbase and its GDAX service for professional investors after launch. This price …

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Bitcoin Ivy platform to bring smart contracts to Bitcoin

Ivy platform to bring smart contracts to Bitcoin

Bitcoin is a step closer to getting smart contracts, thanks to the new Ivy platform. It is an open-source compiler developed by Chain.com. The code is in use to custom write smart contracts into Segwit-compatible addresses. These addresses can support different conditions including signature checks, hash commitments, and timelocks. This could extend the range of function …

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Exchange India to issue notices to high networking individuals trading virtual currency

India to issue notices to high networking individuals trading virtual currency

India’s Income Tax department is planning to issue notices high networking individuals (HNI) trading cryptocurrencies in the country. The notices will seek their relevant financial details and establish tax demand, a senior official privy to the operation told PTI. After conducting surveys at exchanges last week, the agency found that 20 lakh entities registered on …

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Bitcoin Bitcoin could become niche product, says top economist

Bitcoin could become niche product, says top economist

The chief economist for Dutch banking giant ING says Bitcoin will be limited to a cryptocurrency for “tech nerds, people obsessed about their privacy, [and] people afraid of (hyper) inflation of traditional currencies,” among others. He says some of the features people say are strengths such as lack of a central intermediary will keep it …

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Ethereum Four cryptocurrencies to trade on Euro Bank Swissquote

Four cryptocurrencies to trade on Euro Bank Swissquote

Customers of Swiss banking group Swissquote can now trade Ethereum, Bitcoin Cash, Litecoin, and Ripple against EUR and USD trading pairs. Thus, following addition to the online trading platform on Monday. The move is due to the fact that cryptocurrencies were increasing in popularity. However, the four were confirms on consumer demand and liquidity. The aim …

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Exchange Youbit South Korean cryptocurrency exchange to close after second hack

Youbit South Korean cryptocurrency exchange to close after second hack

South Korean cryptocurrency exchange Youbit announced on December 19 that it will shut down following a second hack in the past year. Boom in cryptocurrencies also means hackers are looking for every chance. And they took off with 17 percent of the exchange’s assets in the second raid. The South Korea’s Internet and Security Agency …

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Bitcoin Major Japanese auto dealer starts to accept Bitcoin payments

Major Japanese auto dealer starts to accept Bitcoin payments

Car buyers in Japan can now buy pay in Bitcoin following a partnership between a major car dealership Idom Inc and Japan’s largest cryptocurrency exchange Bitflyer. Formerly known as Gulliver International Co. Ltd and operating in Japan since 1994. The company is starting with 26 dealerships and will add Bitcoin payments to 550 additional locations. …

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News Bitcoin price falls again after highest mark $19k

Bitcoin price falls again after highest mark $19k

Bitcoin price crossed $18,000 and then went past $19,500 on December 16 on many cryptocurrency exchanges. Bitcoin was trading at just below $14700 at the same time last week. Although it touched a high of above $20,000 on December 17 12:29 UTC according to data from CoinMarketCap. Bitcoin price is yet to hold at that …

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Exchange ZeroLink anonymizer tool creator called for participants in the final test

ZeroLink anonymizer tool creator called for participants in the final test

Although it is possible to use Chaumian CoinJoin and HiddenWallet to eliminate network level tracking of transactions and network analysis, examining of transaction chains and other transaction metadata in Bitcoin transactions. Thus, it is possible for attackers to recognize some patterns in these transactions. ZeroLink is a tool created by Chief Redditor of TumbleBit, a …

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Bitcoin Twin billionaire Bitcoin investors dare JPMorgan CEO to short Bitcoins

Twin billionaire Bitcoin investors dare JPMorgan CEO to short Bitcoins

Twin billionaire Bitcoin investors Tyler and Cameron Winklevoss have dared JPMorgan CEO Jamie Dimon to short Bitcoins. Hence in the futures market if he still believes it is a fraud or bubble. Cameron said, “We’ve been working really hard to give Jamie Dimon an opportunity to short bitcoin, and anybody who says that you know, it’s …

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Blockchain Boeing patent proposes blockchain-based anti-spoofing GPS system

Boeing patent proposes blockchain-based anti-spoofing GPS system

Boeing has filed a patent suggesting how blockchain technology can help protect in-flight GPS receivers against spoofing. Filed on Thursday last week to the U.S. Patent and Trademark Office, the anti-spoofing GPS system would act as an onboard backup to the primary system. It also would be using if the primary system becomes unavailable or …

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Bitcoin CME Group finally debuts Bitcoin futures products on Sunday

CME Group finally debuts Bitcoin futures products on Sunday

Chicago Mercantile Exchange (CME Group) finally debuted its Bitcoin derivatives products yesterday Sunday 17, causing a stir in the trading scenes and boosting trading volumes. CME’s products are larger in size than CBOE’s with one contract being 5 Bitcoins. The futures opened at $20,650, rose slightly and then fell to $18,760 about four hours about …

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Bitcoin Signal app founder truly wants to fix cryptocurrency

Signal app founder truly wants to fix cryptocurrency

Even as Bitcoin price soared to beyond an high of $20,000 Sunday according to CoinMarketCap data, traders and dealers face a common impediment to using the coin: high priced transactions. For instance, the cost of a single transaction is $19.99 according to Bitcoinfees.info website. That is punitive for mass adoption of Bitcoin and to small …

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Bitcoin The US commodity regulator deems how cryptocurrency has been “delivered”

The US commodity regulator deems how cryptocurrency has been “delivered”

The US Commodity Futures Trading Commission (CFTC) has published a proposal containing its interpretation. Besides, the view of its authority over cryptocurrency-related retail commodity transactions. According to their interpretation of the existing Commodity Exchange Act, contracts of sale that result in “actual delivery”. It’s within 28 days from the transaction date are exempt by Commodity …

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Blockchain French Government to allow trading unlisted securities on the blockchain

French Government to allow trading unlisted securities on the blockchain

Banking institutions and fintech companies in France can now use blockchain platforms to trade unlisted securities. Instantly following adoption of new rules targeted at improving Paris’ image as a center for financial innovation. This is according to a statement by the Finance Minister Bruno Le Maire. With the new laws, there would be no need …

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News Verge will have a bright future – says expert Qadir AK

Verge will have a bright future – says expert Qadir AK

There could be many reasons behind exponential growth of Bitcoin and overall cryptocurrency market but it is surprising to see what factors determine vergecoin to reach $0.073635 with price growth of 257.71%. Users who indulge in decentralized community are basically probing out the anonymity-centric crytocurrencies; This coin can be feasible in this regard. Should you …

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Bitcoin Cash Bitpay to process payments on multiple blockchains starting with Bitcoin Cash

Bitpay to process payments on multiple blockchains starting with Bitcoin Cash

Bitpay has announced its processing payments will be on more blockchain to meet growing demand. As an initiation, it will support payment with Bitcoin Cash(BCH). It means that it will allow merchant invoices and debit card loads to be paid in Bitcoin Cash. Bitpay invoices will default to Bitcoin Cash from early 2018. Although customers …

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News Ripple, Zcash, Vergecoin price have grown after expert’s prediction

Ripple, Zcash, Vergecoin price have grown after expert’s prediction

I guess, there is nothing that has excited people as much as cryptocurrency evolution in 2017. Let’s talk about some leading cryptocurrencies that has risen with latest craze in the cryptocurrency world. Bitcoin and Ethereum is certainly on the top since inception but there are few more cryptocurrencies that seem worthy if capitalizing now. According …

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Bitcoin Bitcoin is world’s 15th most valued liquid currency

Bitcoin is world’s 15th most valued liquid currency

Bitcoin market cap is now above $300 billion, becoming the world’s 15th most valuable liquid currency. Since measured by the M1 narrow money supply. At that position, Bitcoin is more valuable than circulating currencies of both Hong Kong and India and a few billion dollars behind that of Saudi Arabia. At 10th position, Canada’s M1 …

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Bitcoin Cboe Bitcoin futures record win in the first week, surges 8%

Cboe Bitcoin futures record win in the first week, surges 8%

CBOE Bitcoin futures demand rose by 17.1% in the very first week of trading. Thus, recorded over 1000 contracts by Friday morning. CBOE Bitcoin futures, which trades under the ticker XBT and expires in January, had a smooth first week of trading. CBOE said earlier on that the futures went on as planned on the …

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Bitcoin Bitcoin futures to get some boost with launch CME Group products

Bitcoin futures to get some boost with launch CME Group products

Trading Bitcoin futures is about to get some more boost as CME Group products launch Sunday and TD Ameritrade’s on Monday. The two will come after launching of the products by CBOE last Saturday and are expected to boost retail participation and liquidity. They will certainly increase production volumes and dollar value of trading. The …

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Bitcoin Tezos Foundation board member quits amidst lawsuits and tensions

Tezos Foundation board member quits amidst lawsuits and tensions

Tezos Foundation Board Member Guido Schmitz-Krummacher has left the foundation owing to mounting pressure and tensions from legal suits related to control of the project’s ultimate direction and development of initial goals. Well known in swiss circles as a straight shooter, Krummacher quit because “he was frustrated by the infighting, which was consuming a lot …

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Bitcoin GMO Internet Group wants to pay employees’ salaries in Bitcoin

GMO Internet Group wants to pay employees’ salaries in Bitcoin

Recently, the multi-billion-dollar Japanese company will start paying its employees salaries in Bitcoin. Tokyo-based GMO Internet Group that operates web related businesses includes finance, online advertising and internet. Recently, the company announced the new payment option will be launching in February 2018. Initially, this new payment option will be on avail to employees of GMO …

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News Ripple-XRP leaps into third place after Bitcoin and Litecoin

Ripple-XRP leaps into third place after Bitcoin and Litecoin

Bitcoin… So long Litecoin. Now there is yet another cryptocurrency is on its way raising. Ripple, was designed for banks and global money transfer. Recently, it has hit huge all-time high value in these past three days. According to CoinMarketCap, giving its market value of $3 1.6 billion, XRP surges 89% on Thursday. Particularly, those …

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Ethereum Ethereum completes first full implements of Casper

Ethereum completes first full implements of Casper

Ethereum has completed the first implementation of Casper, a consensus that uses Proof of Stake. This is according to an announcement made yesterday on Reddit and a YouTube video explaining the update. The update said a “preliminary Casper Testnet is on its way,” meaning they are close to performing specific tests on the consensus. The …

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Ethereum Ethereum breaks the high new record of $700

Ethereum breaks the high new record of $700

Ethereum reached a record of $700 Wednesday in a less than 24-hour run after breaking another milestone of $600 Tuesday afternoon. The price reached a high of $753 Thursday and $747 Wednesday but is now $738 on CoinMarketCap at the time of this writing. The new price means the turnover now exceeds $5.2 billion and …

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Ethereum Reasons behind skyrocketing price of Ethereum

Reasons behind skyrocketing price of Ethereum

According to CoinmarketCap, the Ethereum price has increased by more than 16% within the last 24hrs. The cryptocurrency reached a high of $747 Wednesday before going back to $657 same day. And then shooting to 753 and then back below $740 at the time of this writing. The new price puts the cryptocurrency market cap …

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Exchange India income tax department conducts inspection on Bitcoin exchanges

India income tax department conducts inspection on Bitcoin exchanges

India income tax department conducted, for the first time Wednesday, surveys on Bitcoin exchanges for alleged tax evasion. According to Press Trust of India (PTI), teams from the Income Tax Department visited nine bitcoin exchanges under the command of the Bengaluru investigation wing.  Those visited include Delhi, Bengaluru, Hyderabad, Kochi, and Gurugram. It was conducted …

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Blockchain Blockchain tech could improves citizen identity, says Reform think tank

Blockchain tech could improves citizen identity, says Reform think tank

Reform think tank says in its latest report that government needs to use Blockchain tech as a new approach for citizen identity assurance in the public sector. The company says that the tech could improve security, efficiency and put the citizen at the center of identity management. They say the government’s existing identity assurance platform …

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ICO SEC chairman urges ‘risky caution’ with cryptocurrencies

SEC chairman urges ‘risky caution’ with cryptocurrencies

Securities and Exchange Commission chairman Jay Clayton say that investors should be aware that returns from ICO investments are lower than anticipated. Besides, other risks such as the possibility of tokens being stolen. Speaking in a statement, he said the markets are prone to great manipulation amidst low regulation and investor protection. He also told …

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News South Korean government summons an emergency meeting

South Korean government summons an emergency meeting

South Korean Government has called for an emergency meeting targeted at discussing trading of cryptocurrencies. And regulatory or other measures to be introduced in the market. This is according to a central bank official on Wednesday. While the official did not give further details, the meeting shows the frenzy over cryptocurrencies in the country. The …

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Bitcoin Objection to Bitcoin futures ‘uncalled for’, says CBOE chairman

Objection to Bitcoin futures ‘uncalled for’, says CBOE chairman

CBOE Chairman Edward Tilly says the objections raised by the Futures Industry Association against CBOE’s launching of Bitcoin futures as “uncalled for”. Besides, doesn’t reflect the reality of the regulatory process. He was responding to the Futures Industry Association’s objections to CBOE futures. Thus, in a letter written to Commodity Futures Trading Commission (CFTC) that gave …

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Bitcoin Bitcoin Jesus -Roger Ver concerns about Bitcoin’s future

Bitcoin Jesus -Roger Ver concerns about Bitcoin’s future

Rogers Ver, who was nicknamed “Bitcoin Jesus” for his advocate of Bitcoin BTC before splitting with Bitcoin Cash says Bitcoin BTC is not as usable as it. He says Bitcoin can rise and go one that way for decades but developers behind the project have destroyed its use as money. Ver says he is concerned …

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Bitcoin First day of CBOE Bitcoin futures trading went largely allover

First day of CBOE Bitcoin futures trading went largely allover

The first day of CBOE Bitcoin futures trading went according to plan with the price of Bitcoin. Though going past $17,000 for the first time Monday according to CoinmarketCap. The debut pushed prices high by as much as 26 percent. The initial volume also exceeded the expectations of dealers. Cboe’s Chairman Ed Tilly said in …

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Bitcoin South Korea simplifies on possible ban of all crypto transactions

South Korea simplifies on possible ban of all crypto transactions

Financial Services Commission (FSC) Chairman Choi Jong-Ku said on Monday that it was considering measures to restrict cryptocurrency transactions to some extent which includes “an all-out ban.” The will target minimizing the side effects of Bitcoin transactions and reduce speculative investment.  However, the Ministry of Justice was reviewing measures of regulating the currency. “We are …

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Bitcoin Ohio student earns from teaching people how to invest in cryptocurrencies

Ohio student earns from teaching people how to invest in cryptocurrencies

Eddy Zillan, 18 and year-old high school senior in Cleveland, is founder of Canadian-based Cryptocurrency Financial.  Thus, that teaches people how to invest in cryptocurrencies and has earned more than $500,000 from that. He told CBC in November that he got $12,000 from his mitzvah bar and from his earnings as a tennis instructor and …

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Bitcoin CBOE launches Bitcoin futures; site crashes immediately

CBOE launches Bitcoin futures; site crashes immediately

CBOE Bitcoin futures debuted Saturday December 10, with trading starting at 5 p.m. central and crashing of their website moments later “due to heavy traffic” according to a yesterday tweet by the company. “Due to heavy traffic on our website, visitors to cboe.com may find that it is performing slower than usual and may at …

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Bitcoin Bankers and Trades will receive Bitcoin as Bonus: Wall Street

Bankers and Trades will receive Bitcoin as Bonus: Wall Street

Wall Street insiders are claiming that its employees, traders and bankers could start receiving Bitcoins as bonuses. In addition to the big year-end payouts of hard cash and deferred stock awards. Many companies are already considering adding Bitcoin bonus to their year-end stock and cash awards. These include banks and brokerages. Many risk-loving investors and …

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Blockchain Cryptokitties sales hits all time high record $12million

Cryptokitties sales hits all time high record $12million

Sales on CryptoKitties decentralized marketplace, an Ethereum-based digital kitten collectibles game, have reached more than $12 million. Hence, it is proving that decentralized marketplaces can be a huge success. The Tamagotchi-like game is develop on Ethereum blockchain, with each digital kitten on sale representing a unique crypto asset. Besides, its ownership integrated onto the immutable …

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Blockchain Why Blockchain stock listings are ready to appear in Canada

Why Blockchain stock listings are ready to appear in Canada

The Canadian stock exchanges are set to welcome at least 50 firms related to blockchain and cryptocurrencies. The market is junior in nature and more comfortable with risks than other parts of the world. According to CEO of GMP Capital Inc Harris Fricker in an interview with Bloomberg. The market system was more inclined towards …

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Bitcoin Singapore is well set for first Bitcoin dispute trial

Singapore is well set for first Bitcoin dispute trial

The first legal dispute with leading cryptocurrency- Bitcoin is on the way to trial at SICC (Singapore International Commercial Court). According to the Strait Times stated that reportedly B2C2 have sued the Quoine Bitcoin exchange in May for the issue of illegal trading. Recently, the judgment was passed by Simon Thorley, SICC International judge that …

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Bitcoin One thousand people own 40% of Bitcoin market: Bitcoin whales

One thousand people own 40% of Bitcoin market: Bitcoin whales

Bitcoin whales can send prices plummeting by selling even a portion of their holdings. Many traders worry about moves by these whales for various reasons. For instance, on November 12, someone moved 25,000 bitcoins, worth about $159 million to an online exchange, prompting some people to think he wanted to sell the currency. About 40 …

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Bitcoin Bitcoin will be a ‘multi trillion-dollar asset,’ says Cameron Winklevoss

Bitcoin will be a ‘multi trillion-dollar asset,’ says Cameron Winklevoss

Cameron Winklevoss, one half of the twins who have become world’s first Bitcoin billionaires says surge in Bitcoin will continue. The two invested in Bitcoin when it was just $120 and now they have over $1 billion worth of Bitcoins. Cameron and Tyler Winklevoss were paid $65 million after winning a lawsuit against Facebook founder …

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News NEM price surges; proceed with caution

NEM price surges; proceed with caution

NEM cryptocurrency surged to an all-time high of jumping to as high as $0.359 at the peak of the rally yesterday and went to the 10th spot on the list with market cap. The surge was one percent higher than its previous high in August. The coin has gone further higher trading at $0.524624 on …

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Blockchain Australian Securities Exchange is first to accept world’s first Blockchain technology

Australian Securities Exchange is first to accept world’s first Blockchain technology

Australian Security Exchange (ASX) is set to become the first exchange in the world to adopt blockchain technology in processing equity transactions to replace the current CHESS (Clearing House Electronic Subregister System). This is after Friday, December 8 announcement from the company that it will implement the new system at the end of March next …

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News Bitcoin price breaks through $16,000 high mark

Bitcoin price breaks through $16,000 high mark

Bitcoin price crossed the $15,000 mark on Thursday after it rose by more than $2,000 in just than 12 hours.At the press time, bitcoin was trading at $16,004.50 on CoinMarketcap. After crossing the $16,000 line Friday shortly after 10.00 UTC. Meanwhile, Bitcoin was heading to $20,000 in South Korean markets on Bithumb and Coinone as …

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Bitcoin Goldman Sachs to trade Bitcoin futures for clients

Goldman Sachs to trade Bitcoin futures for clients

Goldman Sachs, the global finance market’s second largest investment bank behind JPMorgan. Since it will debut Bitcoin futures in the coming weeks after major exchanges list the products. The company said trades made by Goldman Sachs on behalf of its clients would be processed on a case-by-case basis. This is according to a source familiar …

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Mining NiceHash founders apologize after hack of worth Rs500 crore

NiceHash founders apologize after hack of worth Rs500 crore

Slovenia-based NiceHash founders Marko Kobal and Sasa Coh appeared on a six-minute Facebook live stream to apologize for the attack that saw users lose 4,700 bitcoins, saying someone wanted to bring them down. Kobal said the hackers are from outside of Europe relies on the attack computer IP identity. They said that hackers gained access …

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Bitcoin Wall street banks opposing Bitcoin futures products

Wall street banks opposing Bitcoin futures products

Just a few days prior to the introduction of CBOE Bitcoin futures products this Sunday 12, Wall Street banks are up in arms against the products citing fears that the market may fail to cope with the cryptocurrency’s volatile price swings. Futures Industry Association on Thursday wrote an open letter Commodity Futures Trading Commission in …

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Bitcoin South Korean Government prohibits Bitcoin Futures trading

South Korean Government prohibits Bitcoin Futures trading

South Korean regulators have banned Bitcoin future trading and other derivatives related to Bitcoin according to The Korea Herald. The South Korean Financial Services Commission sent the order through the Korea Financial Investment Association (KOFIA) this week. It prompted eBest Investment & Securities and Shinhan Financial to cancel their seminars previously scheduled for December 14 …

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Bitcoin Andreas Antonopoulos gets BTC “goodwill donations” after spat with Roger Ver

Andreas Antonopoulos gets BTC “goodwill donations” after spat with Roger Ver

Crypto community on Twitter, Facebook and Reddit responded by expressing support and sending 7 BTC “goodwill donations” to Bitcoin community’s resident scholar and lecturer, Andreas Antonopoulos after a Twitter exchange with Roger Ver. Roger Ver tweeted about Andreas Antonopoulos’ professed lack of BTC riches. “Andreas is one of the most eloquent speakers on the topic …

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Bitcoin The shipping company Ukrainian tactics to accept Bitcoin payment

The shipping company Ukrainian tactics to accept Bitcoin payment

Reportedly, Varamar Ltd, the Ukrainian based shipping company aiming to accept Bitcoin payment. Since to avoid sanctions applied on several countries wherein firms want to tie up with shippers. However, the use of bitcoin, the company will lessen the enormous amount of paperwork. Besides, the lower fees for all the parties included in transactions. According …

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Blockchain Backcasting on blockchain: how big would Bitcoin blockchain need to scale up in order to dominate global transactions?

Backcasting on blockchain: how big would Bitcoin blockchain need to scale up in order to dominate global transactions?

Non-cash global transactions amount to about 522 billion and are increasing in a big way, growing by 9.1% between 2015 and 2016 alone. For Bitcoin blockchain to dominate that enormous number of transactions in the future, it will need to scale massively. But just by how much? The number of transactions corresponds to 9,722,220 transactions …

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Mining Digital wallet NiceHash hacked around $60mln stolen

Digital wallet NiceHash hacked around $60mln stolen

NiceHash mining market was hacked yesterday and the unknown amount of coins stolen according to a company announcement posted on social media and now on its website. Although the company has not reported the number of coins stolen, users have to circulate a wallet address suggesting that 4,736.42 BTC worth more than $62 million was …

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News Bitcoin crosses $14000 and getting closer to $15000

Bitcoin crosses $14000 and getting closer to $15000

Bitcoin price passed a new $14,000 landmark yesterday before 6 p.m ET for the first time in a less than 24 hour run from $12,000. The coin is also heading towards the $15,000 mark. Since it is trading at $14,752.40 at CoinMarketCap at the time of this writing. It appears that the coin’s trend to …

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Bitcoin More Bitcoin forks coming from this December

More Bitcoin forks coming from this December

Bitcoin rose from below $6,000 to more than $13,000 today in less than one month and a half but is expecting more forks. At least three this month and more to come in 2018. We already talked about Bitcoin God, coming this December 25, but the latest announcement includes plans to launch Super Bitcoin on …

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Bitcoin Bitcoin God will be forked on Christmas Day

Bitcoin God will be forked on Christmas Day

Bitcoin forks will most likely become more common and is not even clear whether some are genuine projects or scams out to steal coins from people. ‘Bitcoin God’ will reportedly be forked on December 25 by a well-known Chinese cryptocurrency investor Chandler Guo who announced the plan yesterday. The rumor — or may be a …

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Mining BitFury to set up largest mining data centers in North America

BitFury to set up largest mining data centers in North America

Vancouver-based Hut 8 Mining Corp North is working in collaboration with Bitfury, on America’s largest bitcoin mining data centers before 2018. Hut 8 could acquire the data centers from Bitfury and is reportedly offering 13.2 million shares via GMP Securities LP, which have been valued at U.S. $26 million. The to-be-acquiring 22 data centers will …

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Exchange Tokyo’s exchange sets initial step towards Bitcoin Futures

Tokyo’s exchange sets initial step towards Bitcoin Futures

Pioneering financial exchanges in Japan are facing reality towards the launch bitcoin futures after CME, CBOE and Nasdaq announcements. The Tokyo Financial Exchange is planning to launch the products on its market. Once the Financial Instruments and Exchange Act recognizes them as financial products. It will be the first product of its nature in Japan. …

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Bitcoin Bulgaria’s Varna University of Management to offer Bitcoin scholarships

Bulgaria’s Varna University of Management to offer Bitcoin scholarships

Bulgaria-based Varna University of Management, an international business school, has announced that ten candidates who applied for Software Engineering bachelor’s program undertake the studies starting Fall 2018 semester. The value is 1000 EUR per semester and the students can choose whether to receive it in Euro currency. Else, equivalent of Bitcoins scholarships will be issues …

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News Bitcoin hits $12000 driven by Bitcoin Futures Contract launch

Bitcoin hits $12000 driven by Bitcoin Futures Contract launch

Bitcoin surpasses again all-time high new record of $12000 today i.e. 6th Dec,2017. According to the CoinmarketCap, the market capitalization is around $200. At press time the value was trading at $12,585.60. Moreover, in the last 24hrs of time period, it surges 4.66% besides 20% last week. Thus, the total market today that it commands …

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Bitcoin CBOE to launch Bitcoin futures trading on Sunday

CBOE to launch Bitcoin futures trading on Sunday

Chicago-based Cboe Futures Exchange (CFE) will list Bitcoin futures contracts for trading this Sunday December 10 for trading starting 5 p.m. CT under the ticker symbol “XBT.” The company will also waive trading fees for the products for December. It said that developing a regulated derivatives market was the next logical. Besides crucial step towards …

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Bitcoin The Winklevoss twins are now popularized as world’s first Bitcoin Billionaires

The Winklevoss twins are now popularized as world’s first Bitcoin Billionaires

As Bitcoin, the leading cryptocurrency surpasses the high mark of $11000 for the first time. According to the Telegraph, Tyler and Cameron Winklevoss twins, who were well known for indicting Mark Zuckerberg, the founder of Facebook in 2008. Thus, they were claiming that he had stolen the social network idea from them. Thus, they received …

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ICO Israel Securities Authority will be easygoing to ICOs

Israel Securities Authority will be easygoing to ICOs

Israel Securities Authority (IAS) has said through its chairman Prof. Shmuel Hauser that Bitcoin was a bubble but at the same time asks Israeli authorities to take a friendly regulatory approach to ICOs. The news comes after his September statement that the commission was worried about cryptocurrencies’ bubbles. Although they regarded blockchain as a legit …

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ICO Israeli binary options ex-operatives could turn to cryptocurrencies industry

Israeli binary options ex-operatives could turn to cryptocurrencies industry

Knesset passed a law on October this year to outlaw binary options following many fraudulent activities in the 10 years of the industry in the country and many people who were left jobless could look for opportunities in the cryptocurrencies industry. Binary options were a huge deal in the country with Ramat Gan alone attracting …

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News Treasury ministry plans strong regulations of Bitcoin

Treasury ministry plans strong regulations of Bitcoin

United Kingdom Treasury wants to crack down on Bitcoin since there are growing concerns of its use in money laundering and dodging taxation and will implement a regulation that requires cryptocurrencies to disclose their identities and report suspicious activity. The new law is expected next year. The treasury committee is not convincing that the regulatory …

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Bitcoin Bank Indonesia central bank plans to prohibit Bitcoin in 2018

Bank Indonesia central bank plans to prohibit Bitcoin in 2018

Reportedly, Agus Martowardojo, the governor of country’ central bank, Bank Indonesia (BI) is implementing regulation to sweep ban on Bitcoin trading. According to Pikiran Rakyat, local publication, during the central’s bank annual meeting last week, central bank made revelation. Thus, claiming that mutilate regulation was obligatory to maintain the fiat currency. He explains, “We [will] …

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Blockchain New Bitcoin Improvement submits Drivechain technology proposal

New Bitcoin Improvement submits Drivechain technology proposal

Bloq software developer and Hivemind chief scientist, Paul Sztorc has submitted a Drivechain technology proposal or the so called Bitcoin Improvement Proposals (BIP)  that enables side chains. With the new technology, which can fork into blockchain network. Since it can enable various blockchain networks to connect by adding several sidechains and mining features. Sidechains function …

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Bitcoin Millennials chose Bitcoin over Traditional banking

Millennials chose Bitcoin over Traditional banking

According to a recent survey by Coinspectator.com, around 65 percent of millennials are investing in one of the prominent digital currency – Bitcoin claiming their funds are safer there than banks, and in order to earn more in crypto trading. Compared to older counterparts, it is much easier for younger generation to grasp the new …

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Exchange Japanese FSA approves four new cryptocurrency exchanges

Japanese FSA approves four new cryptocurrency exchanges

Japanese Financial Services Agency has approved four more cryptocurrency exchanges to operate in Japan in addition to the 11 approved in September. The new exchanges approved are Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd, FTT Corporation, and Xtheta Corporation according to the agency’s website. The approval follows the fund settlement law, …

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Bitcoin Bitcoin Diamond improves on Bitcoin transactions

Bitcoin Diamond improves on Bitcoin transactions

Hard forks on blockchain are not uncommon…not even on the oldest Bitcoin project. Bitcoin Diamond BCD is finally born as from November 24, and on block 495866, as a result of dissatisfaction of two miners who were not happy with the problems of Bitcoin BTC. There will be 210 million BCD in total with 170 …

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Blockchain IOTA hates Blockchain as Ethereum displeasures tangle

IOTA hates Blockchain as Ethereum displeasures tangle

IOTA is claimed to be the future Internet of Things on the blockchain, designed for fee-less micro-transactions for IoT. On IOTA, a transaction made validates two previous transactions hence speeding up network as more people participate. It is claiming to use Quantum Computer resistance cryptography for tomorrow’s hack-proof systems. It does not employ blockchain but …

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Bitcoin Bitcoin is just like financial equivalent of Brexit

Bitcoin is just like financial equivalent of Brexit

Delusions about rising of Bitcoin are undependable and unreliable because no one knows whether the price will rise or fall or whether Bitcoin will even disappear, so thinks Allister Heath of Telegraph. He says the claim to know future prices of Bitcoin is baseless and finally ends up disappointing those who “jump off the ship …

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Bitcoin 2018 is likely to see McDonald’s accepting Bitcoin

2018 is likely to see McDonald’s accepting Bitcoin

No doubt, Bitcoin has an immense year throughout. Besides, though we had ups and downs, critics but more we had great growth. Bitcoin’s rapid growth is leading to more number of adoptions of cryptocurrencies and Blockchain technology. Since most of the huge companies have started using Bitcoin. Recently, the source stated that Bitcoin is now …

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Bitcoin Yapese -Rai of Yap and its similarity with cryptocurrencies

Yapese -Rai of Yap and its similarity with cryptocurrencies

The Yapese, who lived on a tiny island in the Western Pacific located between Guam and Philippines called Yap, used the Rai of Yap as their currency dating 1,500 years ago. It has some similarity with Bitcoin and altcoins of today. Understanding them can help further understanding of cryptocurrencies. While many communities chose to use …

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Exchange Bitcoin prices rises as CME to launch Bitcoin Futures on DEC 18

Bitcoin prices rises as CME to launch Bitcoin Futures on DEC 18

Commodity Futures Trading Commission (CFTC) on Friday, said it will allow CME Group and CBOE to list their Bitcoin futures and CME announced the futures will be available for trading from Dec 18th. Cantor Fitzgerald also got the node from CFTC. Nasdaq Inc also plans to launch bitcoin futures contract in 2018. CME Chairman and …

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News Bitcoin is here to Stay – Crushing other cryptocurrencies

Bitcoin is here to Stay – Crushing other cryptocurrencies

A Long ago, people used to consider Bitcoin as a joke. But amongst all major digital currency, the prominent cryptocurrency has had a remarkable growth this year. At present, it is worth billions as an entity. Bitcoin had a roller-coaster ride attaining over seven times more value amidst wide global acceptance and outlook of heavy …

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News Leading Expert’s Positive Opinions on Bitcoin

Leading Expert’s Positive Opinions on Bitcoin

Bitcoin price is not too far away from the highest peak yet of $11,000 because it is trading at $9,700 according to CoinMarketCap. It appreciated by $3,000 attracting both positive and negative views alike and it could be bad or good depending on whose view you take. Below are some opinions from experts about Bitcoins: …

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Bitcoin 90 percent of mobile-based cryptocurrency apps are insecure

90 percent of mobile-based cryptocurrency apps are insecure

A web security firm has found out in an analysis that 90 percent of mobile apps used in cryptocurrency dealings are insecure and have vulnerabilities that could give hackers leeway. High-Tech Bridge—a Switzerland-based web security company says 90 percent of cryptocurrency apps on Google Play, including very popular ones with more than 500,000 installations, have …

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Exchange Nasdaq aims to launch Bitcoin futures in the first half of 2018

Nasdaq aims to launch Bitcoin futures in the first half of 2018

Bitcoin, the most prominent cryptocurrency has recently topped with the all-time new high record of $10,000. According to CoinMarketCap Thursday 30th Nov, the bitcoin was trading $10,428.60. Nasdaq is joining CME, CBOE and other companies hoping to help investors trade Bitcoin futures, by launching a Bitcoin futures contracts in the second quarter of 2018 according …

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Bitcoin Professor Joseph Stigliz says Bitcoin must be ‘prohibited’

Professor Joseph Stigliz says Bitcoin must be ‘prohibited’

Joseph Stiglitz, who was a former chief economist and now a professor at Columbia University wants a Bitcoin ban. Reportedly, he says that Bitcoin market is deriving most of its potential from circumventing government agencies and lack of oversight. He says the many fluctuations in Bitcoin market affects investors and thus it must be prohibited …

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Bitcoin Jack Bogle says ‘avoid bitcoin like a plague’

Jack Bogle says ‘avoid bitcoin like a plague’

Bitcoin is a hot topic at the moment after breaking a record of $10,000. This year it has had an incredible growth. Vangurad Group founder Jack Bogle now warns investors to keep their fund away from the Bitcoin industry. Himself a legendary investor, Bogle founded Vanguard Group Inc at 88 years of age and is …

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Exchange Libra launches ‘Crypto Office’ enterprise tax software’

Libra launches ‘Crypto Office’ enterprise tax software’

Libra, cryptocurrency tax compliance and accounting agency, launched an auditing application called Crypto Office targeted at help enterprises with tax compliance and automation of large business processes. It helps “automate and optimize back and middle office processes and reporting, while improving operational and financial analysis and control” according to the company. It can be used …

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Exchange South Korean and Japanese markets already record high bitcoin prices

South Korean and Japanese markets already record high bitcoin prices

Bitcoin was already trading at above $10,000 in South Korea before other markets witnessed the milestone. A quick check at the three leading South Korean markets yesterday. It showed that the coin traded for as much as over $13,000 at Coinone, over $13,000 at Korbit and over $12,000 at Bithumb as other markets welcomed news …

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News South Korea finalizing regulation for crypto exchanges

South Korea finalizing regulation for crypto exchanges

South Korea is working on a law to regulate cryptocurrencies to curtail the risks surrounding its use such as lack of customer protection and money laundering, says the country’s Financial Services Commission. If implemented, the proposal will categorize cryptocurrency exchanges such as Bithumb, Coinone, and Korbit as “unauthorized fundraising” but will allow them to run …

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Exchange BitFlyer the Japanese Bitcoin exchange enters US market

BitFlyer the Japanese Bitcoin exchange enters US market

Japanese Bitcoin exchange, bitFlyer has officially launched in the United States. It includes approval from regulatory of New York’s state department of Financial Services. Since, it has been granted a BitLicense to operate in NY. Announced on Nov 28, 2017, the approaches follow a closed beta in which 2000 exchanges are working. However, it was …

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Blockchain BnkToTheFuture to launch a platform to help investors’ trade crypto equity

BnkToTheFuture to launch a platform to help investors’ trade crypto equity

BnkToTheFuture online investment platform announced it will launch, by the end of this year, a blockchain ledger-based platform that will allow investors to trade equities in cryptocurrencies. Investors will be able to buy and sell equity tokens through a technology built on top of Ethereum blockchain. BnkToTheFuture will issue a token next year to let …

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News Why there is a rapid surge in Bitcoin value from $9000 to $10000

Why there is a rapid surge in Bitcoin value from $9000 to $10000

Bitcoin is now worth $10,000 starting Tuesday morning, trading close to $10,030 per coin as of 10:00 a.m. Eastern. It had its best seven days ever so far last week jumping from $8,000 to $9,000 Sunday then coming up to this point. “So far” because we do not know what could happen next. Many hoped …

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News Bitcoin crushes the historic record of crossing $10000

Bitcoin crushes the historic record of crossing $10000

Bitcoin is now officially trading at above $10,000 in many mainstream exchanges after missing the mark whole day yesterday amidst huge speculation. According to CoinMarketCap, on Monday, missing after reaching a high of $9,9731.51, at 09:00 UTC on November 27. But it started trading for U.S. $10k yesterday in several Korean crypto exchanges. Its journey …

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News Bitcoin market has loose regulations: Japanese cryptocurrency researcher

Bitcoin market has loose regulations: Japanese cryptocurrency researcher

Japan- largest Bitcoin market in the world in terms of trade volumes but has loose regulations for the business and investors according to Koji Higashi, the co-founder of IndieSquare and Japanese cryptocurrency researcher. He also says there is loose customer protection by government, which has given much freedom to cryptocurrency exchanges. Japan has a legal …

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Bitcoin Is Elon Musk the real originator of Bitcoin?

Is Elon Musk the real originator of Bitcoin?

From the time when Bitcoin initiated to enhance its popularity, users have wondered about the person or maybe group behind it. Since we all only aware of the nickname Satoshi Nakamoto but no one know the real identity. Is Elon Mask the real originator of Bitcoin? Musk proclaims in response to a digital currency sites’ …

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Bitcoin Michael Novogratz says easily Bitcoin could hit $40000 by 2018

Michael Novogratz says easily Bitcoin could hit $40000 by 2018

On Monday, Michael Novogratz, former hedge fund manager says that bitcoin will be four times multiples in next few months. On Monday, Michael Novogratz said to CNBC’s, “Bitcoin could be at $40,000 at the end of 2018. It easily could, Fast Money. Ethereum, which I think just touched $500 or is getting close, could be …

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Exchange South Korea’s Goto Mall adds Bitcoin payments to 620 stores

South Korea’s Goto Mall adds Bitcoin payments to 620 stores

About 620 stores in South Korea’s Goto Mall, the largest underground mall, will start accepting Bitcoin payments from mid-December after the mall partnered with local cryptocurrency exchange HTS Coin to facilitate payments. A local publication called Kyeonggi reported that the mall tested with Bitcoin payments where shop owners accepted Bitcoin directly. However, this did not …

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News Bitcoin hits $10,000 in Korean exchanges

Bitcoin hits $10,000 in Korean exchanges

If you have been following Bitcoin price in September was $4,950 and in October it hits the best price of $6447. So, this month’s appreciation is by over $3,500 as it crossed the $9,500. However, it is yet to reach $10, 000 on CoinMarketCap and other markets. At the time of press, it is already …

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Bitcoin Cryptocurrency futures contracts seems to be a troublesome for Bitcoin

Cryptocurrency futures contracts seems to be a troublesome for Bitcoin

Cryptocurrency futures contracts are likely to spell trouble for Bitcoin and altcoins. However, they are likely to keep the cryptocurrencies from reaching their true purported market value. Since it happens in the precious metals markets, says Ian Bezek, an associate analyst for Value Investor’s Edge who previously worked for Kerrisdale, a New York activist hedge …

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Blockchain Seoul government deals with Samsung SDA for Blockchain project

Seoul government deals with Samsung SDA for Blockchain project

The south Korea’s capital, Seoul government chooses Samsung SDS for Blockchain project. Since, it is to apply blockchain technology for whole administration to improve citizen convenience and transparency. Samsung SDS  has won the deal with the Seoul Government aiming to help its “information strategy” plan. Thus, making use of Blockchain to support administration. Likewise, public …

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Blockchain Meeting highlights benefits and challenges of blockchain technology in Africa

Meeting highlights benefits and challenges of blockchain technology in Africa

A meeting held to discuss interests of blockchain technology in Africa ended in Ethiopia on Friday. Along with many participants from different countries hearing how the technology could help less developed regions.  And also the challenges in its application. The technology, they heard, has breakthrough potential but they would need huge investments and solving of …

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Blockchain Libra blockchain startup raises $7.8 million- Series A

Libra blockchain startup raises $7.8 million- Series A

The firm announced today, the Series A funding in which the Blockchain startup Libra raises $7.8 million. The economic assets got from the unnamed family office in Europe. By circular contribution the seed-stage VC firm Liberty City Ventures, Lee Linden an early stage investor and XBTO a crypto market maker formerly functioned for Facebook. Further, …

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Blockchain Blockchain facilitates smart marriages and divorces

Blockchain facilitates smart marriages and divorces

Blockchain still allows people to do a wedding in style and register them in smart contracts long after David Mondrus and Joyce Bayo’s marriage on October 5, 2014, in a private Bitcoin conference at Disney World in Orlando, Florida. The couple scanning and confirming the QR code and their marriage was written, legally on the Bitcoin …

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Bitcoin North Korea students taught Bitcoin crash course

North Korea students taught Bitcoin crash course

Founder of Bitcoin startup Chainside, Federico Tenga from Italy traveled to Pyongyang in November to teach elite students about Bitcoin and related blockchain technology . At the only foreign funded North Korea’s Pyongyang University of Science and Technology. This happened after he contacted the school to talk about Bitcoin at a finance conference organized there. …

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Bitcoin Bitcoin passes $9000 for the first time

Bitcoin passes $9000 for the first time

Bitcoin – the top cryptocurrency has finally reached $9000. World’s top cryptocurrency is now trading at rapid pace, passing over $9000 in a weekend. With the recent prediction of experts Mike Novogratz and Jose Canseco, that Bitcoin will reach $10000,  less than 24 hours, the price has suddenly surged to $9000. At the time of …

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Mining Why Sweden is leading crypto mining revolution?

Why Sweden is leading crypto mining revolution?

Sweden now controls a good share of Bitcoin mining market and many people already have a high-level of knowledge about cryptocurrencies and there is a high-level of digital competence in the Fintech space, says Claire Ingram Bogusz, a researcher at Stockholm School of Economics specialising in bitcoin and other cryptocurrencies. Digital competence in the Fintech …

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Exchange Russian will never legalize virtual currencies

Russian will never legalize virtual currencies

Russian Communications and Mass Media minister Nikolay Nikiforov claimed last week that the government will never legalize the virtual currencies as a means of payment. The statement comes one month after his ministry submitted a proposal of regulating cryptocurrencies or the new cryptocurrency regulation bill in the country, so the country is trending the path …

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Exchange South Korea won’t be supervising Bitcoin exchanges

South Korea won’t be supervising Bitcoin exchanges

South Korean financial regulator and watchdog Financial Supervisory Service (FSS) has no intentions to regulate Bitcoin exchanges for now according to a Thursday announcement by the department’s chief. Korea Times reported that he said cryptocurrency is not a “legitimate currency” so does not fall within regulation and supervision. He said the government sees them as …

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Bitcoin Cash Bitcoin Cash lead dev says Bitcoin has split into two

Bitcoin Cash lead dev says Bitcoin has split into two

Bitcoin Cash lead developer, Deadal Nix, says Bitcoin is dead from August after splitting into two. He says there is now Bitcoin Cash and Bitcoin Core/Legacy. The tweet was a response to Alphonse Pace tweet claiming Bitcoin was being labeled Bitcoin Legacy in an attempt to scam Bitcoin users. He says Bitcoin Cash can’t become …

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Banking/Finance Koreans Shinhan Bank to declare crypto wallet service

Koreans Shinhan Bank to declare crypto wallet service

The Korea’s second-largest financial institutions, Shinhan bank declares that its process of building cryptocurrency wallets. Since it allows customers to store their digital assets securely. Noticeable, the project will be soon being ready to launch as Shinhan bank began working on the service. Since it wants to provide a deposit for Bitcoin and other cryptocurrencies. …

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Exchange Swissquote Bank is to release bitcoin exchange trade

Swissquote Bank is to release bitcoin exchange trade

An online banking service, Swissquote Bank has declared bitcoin exchanges traded certificate. Thus, it attempts to curb volatility of cryptocurrency. The Switzerland’s online trading names are offering the first actively managed bitcoin certificate. Since Funds will be shifted between the digital currency and cash based on an algorithm. Hence, the trading will place on the …

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Bitcoin Russian billionaires are all set to invest in digital currency

Russian billionaires are all set to invest in digital currency

Through, Blackmoon Crypto, the European fund, Russian billionaires Roman Abramovich, Aleksandr Frolov and Aleksandr Abramov setting an eye on prominent cryptocurrency bitcoin. The European fund is the tokenization platform for real world and crypto investments. Thus, a subsidiary of Blockmoon Financial aims to establish and sustain the framework for tokenized funds globally. According to the …

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ICO Confido goes off after getting $374000 as ICO startup backed

Confido goes off after getting $374000 as ICO startup backed

Confido, which raised $374,000 from investors in an ICO and reached $10 million in market cap last week, has disappeared from Sunday this week. The company’s ICO ran from Nov 6 to 8 on TokenLot. TokenLot now says in a statement about Confido, that the lines of communications between them and Confido are also now …

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Bitcoin Bitcoin Gold scam worth of $3.3 million in Illegal activities

Bitcoin Gold scam worth of $3.3 million in Illegal activities

Bitcoin users seeking to own shares in the new Bitcoin Gold lost a total of $3.3 million through mybtgwallet.com scam after submitting their private keys or recovery seeds to operators of the scam website. The operators of the website asked for the private keys or recovery seeds claiming they will use them to generate bitcoin …

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Ethereum The first official Zug ID registration available on Ethereum Blockchain

The first official Zug ID registration available on Ethereum Blockchain

The Ethereum blockchain over a user-centric data and self-sovereign identity uPort is now available to citizens of Zug, Switzerland. Citizens are already using the Zug ID registration on the Ethereum blockchain according to Medium blog, which highlights some steps on how to access the services. This will be an interesting use-case of the uPort application. …

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Banking/Finance Malaysia’s Bank Negara estimates cryptocurrency exchanges

Malaysia’s Bank Negara estimates cryptocurrency exchanges

Malaysia’s Bank Negara announced Wednesday that it is working on a regulatory framework over the use of cryptocurrencies in the country. The regulation will come in place by end of the year under Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act. Though no exact date exists for the implementation. The framework will help …

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Bitcoin Michael Novogratz: Bitcoin protestor too outdated to get crypto world

Michael Novogratz: Bitcoin protestor too outdated to get crypto world

Some of the investors and experts who share their perspective over incredible rally in Bitcoin’s valuation say they still do not understand the actually situation and others name it a scam or bubble. According to Michael Novogratz, a billionaire investor, protesting against Bitcoin is an attitude that might just be due to the fact most …

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Banking/Finance Tobam French asset manager launches Europe’s first Bitcoin mutual fund

Tobam French asset manager launches Europe’s first Bitcoin mutual fund

Tobam, the French asset manager yesterday launched Europe’s first bitcoin fund to grab investors interest in Bitcoin cryptocurrency whose price moved from $1000 to now more than $8300 this year. The launch is some evidence that cryptocurrencies continue to get mainstream attention. It is also ahead of CME’s plans to launch bitcoin futures before end …

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Banking/Finance Singapore’s Central Bank Proposed Payment Services Bill

Singapore’s Central Bank Proposed Payment Services Bill

Monetary Authority of Singapore (MAS), the country’s central bank, introduced the second consultation on its offered payment regulatory framework, known as the Payment Services Bill (the “Bill”). The payment Services Bill will streamline the regulation of all payment services underneath a single legislation. Particularly, the introduced bill is also dragging virtual currency service like Bitcoin, …

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Exchange Gatecoin Hongkong crypto exchanges resume banking transactions

Gatecoin Hongkong crypto exchanges resume banking transactions

In September, Gatecoin crypto exchange has suffered a banking blackout. So recently, Hong Kong crypto exchange confirms its plans with new partners to resume HKD and USD banking transactions. Thus, for 2 months due to “abrupt” back accounts, Gatecoin suspended HKD and USD transfers were held up in Hong Kong. Thomas Gluksmann, Gatecoin marketing chief …

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Bitcoin Russia is all set to build crypto mining city in Siberia

Russia is all set to build crypto mining city in Siberia

Russia may soon build a city in Siberia with mining resources to help people earn income via mining. The Bitcoin City will be in Siberia or the Far East and not far from a large hydroelectric power station in the area. The business hub could, in future, become a tourist attraction. And attract oversees investors, …

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Banking/Finance JPMorgan could allow clients to trade CME’s bitcoin futures

JPMorgan could allow clients to trade CME’s bitcoin futures

JPMorgan Chase is considering whether to allow its clients to trade CME’s new bitcoin futures product through its futures-brokerage unit, said a Wall Street Journal report on Tuesday November 21. The source said JPMorgan was investigating whether there is demand among its customers for the proposed CME bitcoin contract. The controversy and the interest It …

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Bitcoin Cash Bitstamp Announced Trading Of Bitcoin Cash

Bitstamp Announced Trading Of Bitcoin Cash

Bitstamp is a one of the Europe’s biggest Bitcoin marketplace enabling the users globally to buy and sell Bitcoins. It has recently announced to start its trading on Bitcoin Cash, a hard fork of Bitcoin occurred on August 1, 2017. Bitstamp CEO Nejc Kodric said “We get requests from our users who want to trade …

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News $30 million worth Tether tokens hacked

$30 million worth Tether tokens hacked

An attacker has reportedly hacked Tether, a dollar-pegged cryptocurrency that is commonly used in the market exchange, and stolen $30 million worth of tokens. Tether reported this on the website yesterday, claiming that the amount, exactly $30,950,010 USDT, had been stolen on November 19 and terming it as a critical announcement. The attacker stole the …

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Banking/Finance India’s largest bank to launch blockchain projects next month

India’s largest bank to launch blockchain projects next month

The State Bank of India, the largest bank in India with $460 billion of assets, announced Monday November 20 that it will launch two blockchain production-ready beta solutions next month. It is yet another indication that banks are welcoming blockchain tech. It intends as a solution to some of the problems experienced in the financial …

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Bitcoin CME Group to launch bitcoin futures contract by end of this year

CME Group to launch bitcoin futures contract by end of this year

CME Group, the world’s largest derivatives marketplace, has officially announced Tuesday, that its Bitcoin Futures Contract will be starting on December 10. Still, the regulatory review of the contract is pending, but a recent update from CME Group said that, “Effective Sunday 10 December 2017 for trade date Monday 11 December 2017, and pending all …

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Banking/Finance The rapid rise of bitcoin doesn’t mean spell end for banking

The rapid rise of bitcoin doesn’t mean spell end for banking

First, the rise and greater acceptance of cryptocurrencies do not lean only on the idea of facilitating transactions without a middle party for trust. Indeed, that’s would be a very narrow view of what cryptocurrencies can accomplish today. There are several issues like security and privacy issues, there is the issue of lowering transaction cost …

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News The constructive reasons why Bitcoin price has jumped $8000

The constructive reasons why Bitcoin price has jumped $8000

Bitcoin price reached an all-time high past the $8,000 mark to $8,040 on Friday and $8,101.91 on Monday on Bitfinex cryptocurrency market. Since it comes as a buildup of events since the huge sell-off on Sunday, Nov 12. Therefore, the price fell to around $5,500. The said dip in price resulting from the calling off of a …

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News Bitcoin price predictions for 2018

Bitcoin price predictions for 2018

Bitcoin might have had its bad side in the year from the splits. The infighting of this led to the formation of Bitcoin Cash to blockage by China government to limitations on its network and to competition from other cryptocurrencies, but it has been adamant to maintain an upward trend in price, recording the highest …

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Bitcoin A Pac-Man old-school arcade initiates using Bitcoin

A Pac-Man old-school arcade initiates using Bitcoin

An old-school arcade in the capital of New Zealand which is Blenheim completed with Pac-Man. Along with teddy bear claw machines and pinball initiating using Bitcoin. In Blenheim, the Arcadia is speculating and justifies by a twin row of arcade machines peeping and flashing vividly. Recently, it has commenced one crucial detail that you can …

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Bitcoin Bitcoin Black Friday Deals for the Cryptocurrency

Bitcoin Black Friday Deals for the Cryptocurrency

Bitcoin Black Friday! After the thanksgiving, Bitcoiners will start their shopping in earnest. It is competing for shopping dollars by offering exclusive discounts to cryptocurrency users. Recently, hardware manufacturers including Ledger, OpenDime, and Trezor have officially announced various exclusive deals they will offer on Bitcoin Black Friday. CEO at Ledger, Eric Larcheveque told Bitcoin Magazine, …

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News All time new high records: Bitcoin price reaches $8000

All time new high records: Bitcoin price reaches $8000

On Sunday trading, the bitcoin price had touched the mark of $8000. Just a few days back, the price has been trading within the range of $6000 to $7000. Nonetheless, again the price was back to its pre-dip level. Ultimately, it is now reached all new high of $8000. Recently, Business Insider reports that Sheba …

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Exchange Luno planning to add Ethereum exchange support

Luno planning to add Ethereum exchange support

Luno, which added Ethereum wallet support early this November after seeing an increase in “renewed interest in Ethereum” on its platform is planning to add Ethereum exchange to allow people to trade Ether. Currently, people use the instant-buy option to send, receive, buy, sell and store. Hence, it cannot trade Eth on its Exchange. Therefore, …

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Bitcoin Bitcoin is an improbable store of value: Bill Gurley and VC expert

Bitcoin is an improbable store of value: Bill Gurley and VC expert

The investor Bill Gurley and VC expert (Venture Capitalist) believes Bitcoin is an incredible store of value. In CNBC interview, making it clear he believes that a strong future for Bitcoin is more in destabilized economy. Bill Gurley states that he’s positivity on Bitcoin’s future in which other currencies are not in an option. However, …

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