Bitcoin (BTC) hit a new low on Monday( 5th February 2018) dropping below $7,000 since the mid of November 2017.
The latest cryptocurrency market dip has possibly been caused by the recent news from China that all foreign cryptocurrency exchanges are to be banned by the People’s Bank of China ... Views: 821
Blockchain start-up ATBCoin was struck by a class-action lawsuit, which makes it the most recent in a series of projects to be sued by shareholders after Initial coin offering (ICOs).
ATBCoin Hit with Class-Action Lawsuit
Filed on 21st December 2017 at the Southern District of New York, ... Views: 653
Bitcoin has moved yet another step towards mainstream investment with the beginning of trading on the huge Chicago Mercantile Exchange financial futures marketplace.
On Sunday (17th December 2017), the worth of the digital currency reached $20,000 before drifting below $19,000.
Last week, ... Views: 726
Emil Oldenburg, co-founder and chief technology officer in Bitcoin.com, has sold-out his Bitcoin and changed to Bitcoin Cash since he’s doubtful about its potential, according to a Swedish site.
Oldenburg stated Bitcoin is currently the riskiest investment an individual can make.
He ... Views: 925
On Tuesday (20th February 2018), cryptocurrency exchange Coinbase and Bitfinex has declared the implementation of P2SH Segregated Witness (SegWit). According to the companies’ tweet, the consumer will experience better transaction processing times and lower fees across the Bitcoin ... Views: 757
Coinbase has won a partial victory in their ongoing legal battle with the IRS concerning the disclosure of personal consumer information. In accordance with Coinbase, the authorities formerly sought documents on over 500,000 users in their attempts to catch tax cheats. After months of legal ... Views: 516
In an interview with CNBC, Coinbase president Asiff Hirji provided some veiled clues about what is coming to the cryptocurrency market in the near future. In addition, he gave insights about current happenings.
Hirji didn’t reveal much in the way of particulars but did comment on numerous ... Views: 633
The world of cryptocurrency trading is extremely risky, but it wasn’t supposed to be like this. Some of the Coinbase account holders have lost their money on Thursday (15th February 2018), as they look into their bank statements to find out that the exchange has withdrawn unnecessary funds from ... Views: 790
Cryptocurrency exchange Coinbase has been hit by a lawsuit action over alleged insider trading. According to the legal documents dated last Thursday, the case has been filed by Jeffery Berk, represents a cluster of investors that placed trading orders on Coinbase or its order book trading ... Views: 699
The rising popularity of Bitcoin along with other cryptocurrencies in India has resulted in multiple exchanges working in India. The most recent market to be established is Coinome, which will be backed by BillDesk, among India’s top payment services firms.
BillDesk, A Household Name
In ... Views: 909
Cointed is Europe’s biggest Bitcoin ATM provider at present working with chip-maker NVIDIA to advertise green mining actions for virtual currencies.
With the meteoric growth in the popularity in addition to the purchase price of Bitcoin, there’s been an increasing involvement of miners from ... Views: 650
One of the essential Advantages of Blockchain Technologies is that the available options in the ways that consumers can maintain control over their resources and earnings across in their own fields of endeavor.
The entire technological system, anywhere Blockchain is applied, whether ... Views: 606
India will soon have its own set of rules for Bitcoin and other cryptocurrencies. The responsibilities of various authorities have been confirmed, a high-ranking official disclosed. Significant institutions are currently finalizing a comprehensive government guideline on cryptocurrencies. ... Views: 803
Crypto-Trading is the act of buying and selling cryptocurrencies through a trading platform. The term “crypto” is the short version of cryptography which is the arrangement of methods like secret writing, especially code and cipher systems which is sometimes used to decentralize systems for ... Views: 823
Cryptocurrency has hit the headlines for its remarkable spike and hurtles in a way early investors of bitcoin might never have expected. But in the middle of all this, many get caught up in the middle of bizarre terminologies and crypto jargons (from hot wallet to ICOs) only known by those ... Views: 1194
Bitfinex, the world’s biggest bitcoin exchange using a $657 million per day trading volume, has pledged to pursue legal actions against critics.
In a Statement provided to Coindesk, their in-house counselor Stuart Hoegner revealed the company’s decision to cooperate with law firm Steptoe & ... Views: 640
For the first time ever as two of the biggest cryptocurrencies eyed significant milestones and the market for digital coins broke $300 billion.
According to data from CoinMarketCap.com, the market capitalization for all cryptocurrencies is currently at approximately $300.5bn. Of that amount, ... Views: 676
When it comes to storing cryptocurrencies, the concept of a wallet can be a bit scary for the newcomers.
Crypto wallets are just like leather wallets which some of us still use in our real life for carrying cash and credit cards. A crypto wallet is a lot smarter and has all the benefits of ... Views: 795
BitPado
Dubai continues to embrace blockchain technology through the latest addition to its available exchanges called BitPado. According to Arabian Business, the exchange is founded by Omar Kassim, who made his mark in the e-commerce world with his online market called as JadoPado. The ... Views: 740
The Enforcement Directorate (ED) on Tuesday summoned Bollywood actor Shilpa Shetty’s husband Raj Kundra at their Mumbai office in connection with an alleged bitcoin scam.
Kundra was allegedly summoned by ED for his suspected links with fraudster Amit Bhardwaj. There is still no official ... Views: 830
The arguments on the Identity of Satoshi Nakamoto claims to be a never-ending one. Following a former SpaceX intern blogged that Elon Musk is probably Satoshi, Musk explained that he is actually not the founder of Bitcoin.
Rumour mills start rolling
People have speculated about Satoshi’s ... Views: 831
Blockchain for logistics is the hottest talk of the town, with multinational companies approaching for pilot programs and undertaking initiatives to expand power in the marketplace. American shipping giant FedEx, being a global leader in logistics and as a company known for its zeal to innovate ... Views: 814
The public donations arm of United State mutual fund giant Fidelity Investments; Fidelity Charitable has declared customers will now able to utilize Bitcoin to encourage charities through its donor-advised funds.
In 2017 Fidelity Charitable, has witnessed contributions in Bitcoin swell to $22 ... Views: 659
Even as Bitcoin taps recent high fuelling investor’s interest, on 5th Dec 2017 the Reserve Bank warned the public of the hazards of Investing In Bitcoins or any other digital currencies.
Last week It can be noted that the value of a single Bitcoin, which is not synchronized by any financial ... Views: 767
Reuters reported The French government has given the official nod for trading unlisted securities using Blockchain technology.
According to the article, the government has adopted new guidelines which will make it possible for banks and fintech companies to set up Blockchain Trading platforms ... Views: 627
A Bitcoin Gold Wallet scam at present managed to net over $3.2 million after taking benefit of bitcoin consumers looking to maintain their BTG tokens. A URL into the deceptive Bitcoin Gold Wallet was, prior to the scam came to light, placed on bitcoin gold site, but was immediately removed once ... Views: 745
Autorité des marchés financiers (AMF) which is France’s independent regulatory body gave statements on Thursday (22nd February 2018) on initial coin offerings (ICOs) the vision of Bitcoin derivatives. Both point towards the upcoming guidelines for crypto in France, including everything from ... Views: 696
Jan. 13 marked an important landmark for Bitcoin when 16.8 million bitcoins (BTC), or 80 percent of the entire Bitcoin supply, were mined. This means only 4.2 million bitcoins, or 20 percent, are left to mine until Bitcoin’s 21 million supply cap is reached.
Bitcoin includes the 21 million ... Views: 696
One of Wall Street’s biggest companies is growing more familiar with crypto-currencies.
Rumours have been swirling for some time, Goldman Sachs Group Inc. is establishing a trading desk to create markets in virtual currencies like Bitcoin, according to people who knows about this plan. The ... Views: 698
Crypto now enters the fast food world as KFC Canada took the step forward & launches the Bitcoin Bucket, a meal for $20 value of the virtual currency.
There are some brands that have become amazingly Iconic in recent years. One such brand is Kentucky Fried Chicken or KFC in short. KFC has ... Views: 906
Thousands of websites, including those belonging to NHS services, the Student Loans Company and several English councils, have been infected by malware that forces visitors’ computers to mine cryptocurrency while using the site.
Various media outlets reported on Monday (12th February 2018), ... Views: 696
Bitcoin’s software is open source, which means that the code is free and available for all to view and utilize. However, for those wishing to participate in the Bitcoin network as a miner, node operator, or wallet administrator, updating and maintaining current versions of the Bitcoin software ... Views: 866
American electric automotive manufacturer Tesla has allegedly fallen victim to a cryptocurrency mining malware attack. On Tuesday (20th February 2018), cyber security software company RedLock reported that hackers had exploited an insecure Kubernetes console, which they use to access & siphon ... Views: 673
On Tuesday (30th Jan 2018), Facebook declared that it will start banning all ads that promotes crypto-currency, including Bitcoin and ICO’s. This “intentionally broad” ban is an attempt to cut short advertisers that the social network claims “are not currently functioning in good faith.”
The ... Views: 887
Secret cryptocurrency mining is shaping up to be the new foundation of cybercrime. Criminals hack servers, mobile devices, and personal computers to get the advantage of the infected hosts’ CPU or GPU to create virtual coins without victims’ alertness. Even botnets consist of various machines ... Views: 782
An ICO is a fundraising method that trades cryptocurrencies which have an instant liquid value for future crypto-coins. Typically, a fraction of the tokens is sold out to ICO participants and a proportion is kept for the company’s requirements like private investors, etc. An Initial Coin ... Views: 811
When people first started cryptocurrency mining, they could do it from their standard home PC. As time has progressed and the mining industry has moved on, this landscape has changed. While you can still use a reasonably normal home computer for mining currencies like Bitcoin, the bang in the ... Views: 834
The Income Tax Department of the Indian government has allegedly dived in nine Bitcoin exchanges to appear into suspected tax evasion.
According to a report from the Press Trust of India (PTI), the country’s major news agency, several investigative teams from the Income Tax department in ... Views: 689
Last week many reports stated that the Government of India has banned the complete cryptocurrency marketplace & the cryptocurrency dealings. During the interaction with media India’s three major cryptocurrency exchanges stated that the cryptocurrency ban is nothing more than FUD.
In an ... Views: 768
Zebpay, one of India’s most leading Bitcoin exchange platform recently declared that they have added trading functionality for the seventh largest crypto-currency through existing marketplace capitalization. In a blog post, the company stated that the virtual currency is one of the various other ... Views: 830
The most influential public administrator from the world’s leading democratic country has bullishly labeled ‘disruptive’ blockchain tech to bring seismic transformation to Indian culture.
On Monday (19th February 2018) during the inaugural speech at NASSCOM Summit in Hyderabad (WCIT), Indian ... Views: 648
Waves Platform is an open-source Blockchain platform, on 11th Dec 2017 announced the creation of a self-regulatory body, an industry-led initiative to control and form the responsible development of for ICO standards and blockchain industry
An announcement was made on 11th Dec 2017 and ... Views: 888
Economists have long said that instability of cryptocurrencies checks all the boxes of a market bubble. Investors make decisions based on Bitcoin value and they repeatedly make predictions about what’s going to happen in the future.
Bitcoin is the first, and the leading, decentralized ... Views: 1042
The Japanese financial regulator has approved one more Cryptocurrency exchange, making it the 16th exchange to be licensed. As competition intensifies, some g local exchanges are branching abroad in search of more volume and liquidity. Meanwhile, more merchants are embracing ... Views: 655
Japanese consumer electronics trader Yamada Denki has collaborated with the country’s major crypto-currency exchange Bitflyer to tryout Bitcoin payments. Initially, Bitcoin will be accepted in its Tokyo based Labi stores, but the company decided to roll out the virtual currency payment ... Views: 709
On 12th December, Japanese internet giant GMO disclosed that it will soon permit staff to receive their salary in bitcoins.
The bitcoin payroll system will permit the company’s set-up of more than 4,000 employees to accept part of their salary in bitcoin in a move aimed to encourage the ... Views: 553
Jeffrey Kleintop, Charles Schwab’s chief investment strategist, told Business Insider that if there’s a Bitcoin bubble, it’s not like the dot-com and housing bubbles. If Bitcoin costs fall, it won’t be for exactly the very same reasons as other bubbles because Bitcoin isn’t yet inserted in the ... Views: 639
The Stellar value Jumped by over 70 % following Kik Messenger announced that it would transfer its Kin token to the stellar blockchain.
Kik Messenger raised almost $100 Million through one of the year’s most high-profile initial coin offerings (ICOs). The organization, whose popular messaging ... Views: 744
Cryptocurrency exchange KuCoin has declared that it will repay investors who used its platform to spend in the Confido initial coin offering (ICO) and are the victims of the Confido ICO Scam.The Confido development team announced that the project has been put on hold after raising $347,000 in an ... Views: 703
Together with Bitcoins increasing in value on a gigantic scale, the sector is opening up newer avenues to devote exactly the same. It has given rise to a massive vacancy for crypto specialists who understand all of the knitty gritties of virtual token architecture. Job postings on popular job ... Views: 592