Recent Posts

Pages:  1 2 3 ... 10
1
Crypto / Re: Crypto News
« Last post by Amandeep on June 22, 2018, 12:54:42 PM »
Under New Rules Quebec Crypto Miners Will Be Required to Bid for Electricity Provincial utility Hydro-Quebec has proposed new rules, under which blockchain companies will be required to bid for electricity and quantify the jobs and investment they expect to generate per megawatt, Hydro-Quebec announced in a press release June 21. The new regime seeks to allocate up to 500…...

Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies.  Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies. In the wake of ...

Just when signs of a recovery were looking positive crypto markets have dumped again dropping another $10 billion in a matter of hours. Buying pressure could not be sustained and the bears once again dominate crypto land.

Historically venture capitalists do not own cryptocurrencies. They hold equity and invest in privately and publicly held companies but, with the potential of cryptocurrency and blockchain based technology companies to create unprecedented returns VC firms are exploring ways to restructure legally and financially to tap into that future revenue stream.

Ukraine: Four Arrested for Running Fake Crypto Exchanges Ukrainian police have arrested a group of four men suspected of running six fake cryptocurrency exchanges, Bleeping Computer reported June 21. Four men between ages 20 and 26 allegedly launched at least six digital currency exchanges, where they deceived users, subsequently stealing money from them.

Tron, a top ten cryptocurrency, will embark on a token migration from ethereum to its new mainnet on Thursday.

Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies.

South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.

Ethereum Accelerator to Offer Crypto Coders Resources and 'Reality Check'

Beijing-based app developer Cheetah Mobile is releasing an app that lets investors monitor cryptocurrency portfolios over multiple platforms.
2
Crypto / Re: Crypto News
« Last post by Amandeep on June 20, 2018, 02:33:38 PM »
The Capgemini World Wealth Report 2018 has revealed the rich are getting richer — and want better advice from their wealth managers on cryptocurrency investments.  According to the report published June 19, 2018, high net worth individuals (HNWIs), with at least $1 million to invest outside of their main property investments, aren’t getting enough information about cryptocurrency investing from their wealth managers.

When Brian Armstrong founded Coinbase in 2012 Bitcoin was worth around $10 and existed in relative obscurity. Those who had heard about this digital money or even the word cryptocurrency probably did so through a news brief about the dark web. Those who were trading in it already were a very select few. Coinbase CEO Tweets......

BitTorrent Has ‘No Plans to Change’ After $120 Million Tron Acquisition Peer-to-peer file sharing service BitTorrent seemingly pushed back against claims it would begin using cryptocurrencies after being acquired by the Tron Foundation.

Tron Bought BitTorrent And Crypto Won’t Stop Talking About It The founder of a little-known cryptocurrency is making big waves. First leaked last week, more details emerged Tuesday on how Justin Sun, the founder of a controversial cryptocurrency project called Tron (with a market capitalization of more than $3 billion), is acquiring the file-sharing service BitTorrent…...

Blockchain startup Circle released its cryptocurrency listing criteria for its trading and investment platforms on Tuesday.

Buying, selling, trading and settlement of cryptocurrencies is now illegal without a license, according to a statement from Cambodian authorities.

Major Crypto Exchanges Face Action Over Money-Laundering Fears

A group of hackers have allegedly colluded with computer maintenance firms in China to place malware on internet cafe computers to mine cryptos.

3
Crypto / Re: Crypto News
« Last post by Amandeep on June 18, 2018, 12:07:18 PM »
Cryptocurrency Market Update: Binance Coin (BNB) Bucking the Trend

The struggles of cryptocurrency hedge funds in 2018 seem to have no end in sight. With half of the year almost gone, these crypto-focused hedge funds continue to perform poorly. Declining Revenues Amid Price Dip According to the Financial Times, cryptocurrency hedge funds are down by 35 percent so far in 2018.

A professional investor, who has worked at BlackRock, explained the main reasons why institutional investors are watching the crypto market but not yet getting involved. Speaking in London Tech Week he said that regulatory uncertainty, volatility and lack of education are the main obstacles. Where is the Smart Money? Adam Grimsley, co founder of Prime......

Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. However, the country’s school children will see a “rigorous” new mathematics curriculum and financial literacy education. In a recent interview, a Department for Education (DfE) spokesperson did not voice any objection to cryptocurrency but equally did not ...

Hoard: Accessible and Affordable Crypto Banking for All

Two of Russia's largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.

The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.

4
Crypto / Re: Crypto News
« Last post by Amandeep on June 16, 2018, 01:16:25 PM »
Italian Authorities Seize Bitcoin From BitGrail Wallets Following Court Order Italian cryptocurrency exchange BitGrail has announced that bitcoins (BTC) stored in the firm’s wallets have been seized by Italian authorities, according to official announcement published June 15.

UK Company Launches Crypto Mining Electric Bicycle 50cycles, a specialist electric bicycle manufacturer, has revealed what it has described as the world’s first range of cryptocurrency mining e-bikes. Toba, the new series of crypto mining bikes, are estimated to generate approximately £20 (approximately $26.5 USD) worth of ‘Loyalcoin’ per 1,000 miles ridden.

Bank of International Settlements to Publish New Crypto Research The Bank of International Settlements (BIS) is dedicating two chapters of its forthcoming annual economic report to cryptocurrencies.

Want to get into cryptocurrency? Here’s what you need to know before you invest.  Know Yourself A lot of people are investing in cryptocurrency and it’s becoming increasingly clear that it’s not just a passing fad. It’s also clear that it’s potentially very lucrative — though not without risks. So, before you invest in cryptocurrency, it’s a good idea to have a goal in mind and know how much you can afford to lose.

One of America's most beloved Hollywood actors will be starring in a movie about cryptocurrencies.

The doors may be open for Cboe to launch an ether futures product, following a recent comment from the SEC that the cryptocurrency is not a security.

Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

The crypto industry is buzzing about NFTs, non-fungible tokens, because it's clear CryptoKitties and its clones just might make the tech mainstream.

ItBit says it has received approval in New York state to expand its trading and custody services to include four more cryptocurrencies.
5
Crypto / Re: Crypto News
« Last post by Amandeep on June 14, 2018, 12:33:45 PM »
Ripple: Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13.

Crypto Tracking Site CoinMarketCap Gets an Update One of the most popular websites for cryptocurrency price data announced a series of changes on Wednesday. CoinMarketCap said that it has beefed up its coin watchlist feature as well as updated its mobile-focused search function “to make it easier to access.”

The Financial Action Task Force (FATF) – a multi-national agency tasked with combating global financial criminal activity, will discuss developing and introducing legally binding rules for governing cryptocurrency exchanges later this month.

The case against embattled cryptocurrency startup My Big Coin is being watched closely by industry insiders, as it will help determine whether or not the U.S. Commodity Futures Trading Commission has the authority to combat potential fraud associated with the coin and others.  Jurisdiction of U.S. Regulators In line with increased attempts this year by......

Tuesday 12 June 2018, Lugano Switzerland, trade.io announces that its highly anticipated crypto to crypto online exchange is approaching launch, with thanks to its valued community members. The Beta version, which was released in May 2018 is currently being stress tested by over 200 community members, comprising of crypto fans, technical testers, blockchain developers and token investors. 

You can now track up to 250 of your favourite cryptocurrencies on coinmarketcap.com for free.

Former Telegram Employee to Launch Crypto Token Platform

A major shopping center in Slovenia is widening a cryptocurrency payments pilot across 24 businesses.

6
Bitcoin / Re: Daily updates
« Last post by Amandeep on June 14, 2018, 11:16:28 AM »
7
Crypto / Re: Crypto News
« Last post by Amandeep on June 13, 2018, 11:13:09 AM »
FOMO Moments The bears have full control and crypto markets are sliding further again today. With almost $20 billion shaved off in 24 hours things are looking grim in crypto land. Bitcoin is falling dangerously close to $6,000 and altcoins are getting punished as usual. BTC has declined a further 4.3% on the day to......

Getting Into Cryptocurrency on a Budget One of the best aspects of cryptocurrency is that it is incredibly divisible and almost wholly permissionless (though exchanges can require things like KYC/AML which may deny some access to the under- and unbanked).

It seems that every time a new technology emerges, so too do ne’er-do-wells seeking to exploit that technology for their own gain. Cryptocurrencies are no exception. Bitcoin’s meteoric rise last December led to a whole slew of hacks and scams being perpetrated around the world. Of late, India has been experiencing its own crypto crime wave that shows no signs of abating anytime soon.

Switzerland is one of the more crypto-friendly nations on the planet. However, the country voted down the Sovereign Money Initiative that sought to limit banks from creating money electronically.

First shopping center in Slovenia started accepting cryptocurrencies.

The House of Financial Services Committee is introducing a bill that would launch an investigation into how cryptocurrencies enable sex trafficking.

The RBI has responded to a query about why it moved to block banks from dealing with crypto businesses earlier this year.

In a recent update, Apple expanded their initial guidelines on cryptocurrencies to include policies on wallets, mining, exchanges, ICOs, and more.

The Financial Action Task Force reportedly aims to develop compulsory rules for the world's cryptocurrency exchanges.

The U.K.'s Financial Conduct Authority has written to bank CEOs over the risks of "facilitating financial crimes which are enabled by cryptoassets."


8
Crypto / Re: Crypto News
« Last post by Amandeep on June 10, 2018, 12:44:43 PM »
The Express reported that figures from Chainalysis, a well-known cryptocurrency analysis firm, show that over one-third of all Bitcoin is in only 1,600 wallets. 1,600 Wallets Hold Over 1/3 of All Bitcoin This issue has been no secret in the cryptocurrency community, with small investors in the space continually dubbing these wallets as ‘whales.’ The aforementioned 1,600......

One altcoin that has seen tremendous interest over the last few weeks is EOS. However, not all is golden as Weiss Cryptocurrency Ratings said that, while they love the coin, they hate its centralization. Interest in EOS has reached fever pitch. The coin’s developer, Block.One, raised $4 billion through the sale of the cryptocurrency

Fidelity’s recently revealed crypto fund is seeking a new fund manager after two key members have left to start their own crypto-focused venture capital firm. Fidelty’s Crypto Fund The crypto fund at Fidelity, the fund manager and 401(k) provider that manages $2.5 trillion in assets, is ‘small and exploratory,’ and, as of now, inactive, according.....

Many onlookers on the cryptocurrency industry have noticed that the sector has historically been compromised mostly of male figures. However, research from the London Block Exchange (LBE), a popular U.K.-based exchange, implies that this is changing quickly. Female Cryptocurrency Investment: 6% to 13% in Six Months Research done by the aforementioned has indicated that the......

India is a rather popular region when it comes to Bitcoin and other cryptocurrencies. As is the case with any popular financial tool, criminals flock to this industry as well. The situation is slowly getting out of hand in this country as crypto crime is clearly on the rise. India’s Cryptocurrency Crime Spree There are......

9
Crypto / Re: Crypto News
« Last post by Amandeep on June 09, 2018, 10:46:42 AM »
FOMO Moments Current performing altcoins are Decred, Verge, Digibyte and Mixin. Crypto markets are predictably sideways again as we enter the weekend. The bounces are getting smaller indicating that a breakout could be imminent. Bitcoin has made no movements in the past 24 hours and remains at $7,670. Likewise with Ethereum which is hovering around......

Last year, it seemed like everyone was preoccupied with the popularity of cryptocurrencies. Most people could neither believe that they were so valuable and they were overwhelmed by the sheer breadth of the industry. For nearly twelve months, crypto retained the world’s attention, and they gave it quite a show.

BitOasis Reinstates AED Deposits and Withdrawals After Undisclosed Bank Issue A lot of positive things are taking place in the cryptocurrency world right now. While most countries are cracking down on cryptocurrency trading in one way or another, the UAE is preparing to embrace Bitcoin and other currencies once again.

Quebec Halts Crypto Mining Approvals Pending New Restrictions Quebec has issued a moratorium on new cryptocurrency mining operations in a bid to give officials time to develop new restrictions and potentially increase energy costs, Reuters reported Thursday. The Canadian province long known for its cheap hydroelectric power has formally stopped approving new projects in order to create…...

Indian cryptocurrency users are more at risk of being scammed than ever before. Hackers and cyber criminals are targeting the less security aware with increasingly elaborate schemes. Cryptocurrency Security is the Responsibility of the Users Themselves A report in Quartz states that the number of Indian cryptocurrency-related crimes is rising quickly.

South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.

The Chinese search giant is this week launching a blockchain game aimed to educate people about possibilities of crypto technology.

Quebec has halted approvals for new cryptocurrency mining operations while it draws up new rules and may raise energy costs.

New York Department of Financial Services superintendent Maria Vullo defended regulators' actions in the crypto space during a panel discussion.
10
Crypto / Re: Crypto News
« Last post by Amandeep on June 08, 2018, 12:16:19 PM »
Thailand’s Central Bank Eyes Creating Its Own Digital Currency for Interbank Settlements The Bank of Thailand (BoT) is considering issuing its own cryptocurrency, the bank’s governor revealed in a speech June 5. In his keynote on Thai economic development at Nomura Investment Forum Asia (NIFA) in Singapore, BoT governor Veerathai Santiprabhob spoke of a new project in which the central bank and…...

Japan Blasts Crypto Exchange Execs in First-Ever License Rejection Japan has issued its first official rejection of a cryptocurrency exchange application.

Plenty of people remain skeptical about cryptocurrency’s future. PayTabs’ CEO, Abdulaziz Al Jouf, is not one of those people.  ‘It is out of their control’ The cryptocurrency market is notoriously volatile and still remains largely unregulated — but that doesn’t mean it should be dismissed as a failed project. According to the CEO of the Saudi-based payment processing and fraud prevention company PayTabs, Abdulaziz Al Jouf, “cryptocurrency is here to stay.”

The crypto-installment arrangements start-up is pre-introducing its purpose in-offers gadget, in the desire that the country’s national bank will inevitably unwind its restriction on bitcoin installment exchanges. Pundi X, a start-up that is hoping to assemble a disconnected digital currency deals, has started sending its installment point-of-sale (POS) gadgets in Indonesia, wagering that the national bank will repudiate their present [...]...

The global appeal of cryptocurrency hasn’t diminished much throughout 2018. Despite falling prices, Bitcoin and altcoins remain incredibly popular. Unfortunately, that popularity also attracts attention from criminals. With around $1.1 billion worth of cryptocurrency being stolen since January 1st, there is still plenty to worry about.

Former NBA star Dennis Rodman is in talks with cryptocurrency startup PotCoin to have the latter sponsor a trip to the U.S.-North Korea summit.

Japan's financial regulator has formally issued its first denial to a business registration application filed by cryptocurrency exchange FSHO.

A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.

Cryptocurrencies 'Are Not Going Away' Says CFTC Official

The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator…

Binance coin, the token launched by the world's largest cryptocurrency exchange, has hit an all-time high against bitcoin.

Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report.

The Financial Service Agency is reportedly planning to deny a registration application filed by a crypto exchange over KYC failings.
Pages:  1 2 3 ... 10