Tether Briefly Enters Top Four Cryptocurrencies, EOS Spikes by 21%

Tether Briefly Enters Top Four Cryptocurrencies, EOS Spikes by 21%

For a short time yesterday, the Tether stablecoin (USDT) hit 4th place by market capitalization in the cryptocurrency charts. Today Bitcoin (BTC) and other altcoins are showing green. EOS is back in 4th place with a sudden 21% hike, and Stellar (XLM) is now in 5th place with a near 9% price increase. At one… Continue reading Tether Briefly Enters Top Four Cryptocurrencies, EOS Spikes by 21%

It Wasn’t a Bitcoin Millionaire Who Gave $12M in Cash Away in Hong Kong

It Wasn’t a Bitcoin Millionaire Who Gave $12M in Cash Away in Hong Kong

On Sunday, major mainstream media outlets reported that a crypto millionaire sprayed more than $12 million worth of cash in one of Hong Kong’s poorer neighborhoods. Speaking to CCN, Leonhard Weese, the president of the Bitcoin Association of Hong Kong, confirmed that Wong Ching Kit, a 24-year-old man who was arrested almost immediately after causing… Continue reading It Wasn’t a Bitcoin Millionaire Who Gave $12M in Cash Away in Hong Kong

Italian regulators launch crackdown on silly cryptocurrency scams

Italian regulators launch crackdown on silly cryptocurrency scams

Italian authorities have moved to protect local investors by temporarily banning the sale of two particularly dodgy cryptocurrency investments within the country for 90 days. In a special bulletin, the Commissione Nazionale per la Società e la Borsa (CONSOB) revealed a string of websites and Facebook pages it has restricted from selling potentially fake cryptocurrency projects,… Continue reading Italian regulators launch crackdown on silly cryptocurrency scams

The Ledger: Waiting for Apple’s Blockchain, the Crypto Czar and More Basis Fallout

The Ledger: Waiting for Apple’s Blockchain, the Crypto Czar and More Basis Fallout

It’s the fall of 2020, and the latest version of Apple’s mobile operating system contains a bold new feature: blockchain tokens that consumers can use to purchase news articles. Meanwhile, the company has worked behind the scenes with news outlets like Fortune and the New York Times to ensure they can accept the Apple tokens… Continue reading The Ledger: Waiting for Apple’s Blockchain, the Crypto Czar and More Basis Fallout

Bitpay CEO Stephen Pair Believes Mass Crypto Adoption is 5 Years Away

Bitpay CEO Stephen Pair Believes Mass Crypto Adoption is 5 Years Away

Bitpay CEO Stephan Pair has gone on record to say that he believes that mass crypto adoption is only 3 to 5 years away. He talked about the possibility of wider adoption when recently chatting to the American news network CNBC. One year ago when Bitcoin prices scaled the heights of $20,000, crypto adoption seemed… Continue reading Bitpay CEO Stephen Pair Believes Mass Crypto Adoption is 5 Years Away

Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages

Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages

A state-run energy company in Abkhazia is calling for the regulation of cryptocurrency mining activities to avoid the partially recognized republic being plunged into darkness this winter. According to Eurasianet, the cryptocurrency mining farms in Abkhazia, which are mostly located in abandoned Soviet factories, are guzzling a significant amount of electricity. As a result, it… Continue reading Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages

Hong Kong: Bitcoin ‘millionaire’ throws money from rooftop, gets arrested

Hong Kong: Bitcoin ‘millionaire’ throws money from rooftop, gets arrested

A supposed Chinese cryptocurrency millionaire has been arrested after throwing stacks of HK $100 ($12) bills from the rooftop of a building in one of Hong Kong’s poorest districts. Self-styled Bitcoin BTC millionaire Wong Ching-Kit announced the bizarre stunt via Facebook. In the post, he declared money would soon be “falling from the sky.” Sure enough, Wong… Continue reading Hong Kong: Bitcoin ‘millionaire’ throws money from rooftop, gets arrested

How Venezuela’s Economic Meltdown Has Hit Pensioners Where It Hurts the Most

How Venezuela’s Economic Meltdown Has Hit Pensioners Where It Hurts the Most

Venezuela’s government has begun making pension payments in its cryptocurrency, the Petro, instead of the sovereign bolivar, according to a report from Caracas Chronicles. Retirees initially received Christmas bonus payments via the government Carnet de la Patria system this month in bolivars, but the amounts were quickly withdrawn and then resent in Petros. The Patria… Continue reading How Venezuela’s Economic Meltdown Has Hit Pensioners Where It Hurts the Most

Bear Market Forces Ethereum Startup to Trim 25% of Its Employees

Bear Market Forces Ethereum Startup to Trim 25% of Its Employees

A blockchain startup that raised operational funds in Ethereum has come in the middle of what is known as the “crypto winter.” Status, as the project is called, recently announced that it has laid off 25% of its workforce citing economic scarcity. In a recently published blog post, the startup blamed this year’s extended bearish… Continue reading Bear Market Forces Ethereum Startup to Trim 25% of Its Employees

Japanese Regulators Publish New Cryptocurrency Regulation Draft                                                                                                                                          y Regulation Draft

Japanese Regulators Publish New Cryptocurrency Regulation Draft y Regulation Draft

Late last week, the Financial Services Agency (FSA), the top financial regulator in Japan, published a draft report which outlined the new framework for addressing cryptocurrencies and Initial Con Offerings (ICOs) in the country. The report was released following with the 11th study group meeting of the agency, and it contained a cumulation of recommendations from… Continue reading Japanese Regulators Publish New Cryptocurrency Regulation Draft y Regulation Draft

Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018

Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018

Did you know there have been 13 million cryptojacking incidents in 2018? Russian cyber-security firm Kaspersky Lab has released data that cryptojacking cases have gone through the roof rising 400% this year alone. Crypto-crime has been one of the most publicized issues in the financial world this year as the popularity of digital currencies has… Continue reading Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018

Hong Kong Regulators Set to Tighten Cryptocurrency Laws

Hong Kong Regulators Set to Tighten Cryptocurrency Laws

Asia is currently one of the most regulated continents on the planet in terms of cryptocurrency laws. Hong Kong is the latest Asian nation that is set to tighten crypto laws on traders and exchanges. The Hong Kong Securities and Exchanges Commission (SFC) is looking to tighten the current cryptocurrency laws as concerns over crypto-crime… Continue reading Hong Kong Regulators Set to Tighten Cryptocurrency Laws

De bitcoin, 365 dagen en -17.000 dollar later: ‘De echte storm komt nog’

De bitcoin, 365 dagen en -17.000 dollar later: ‘De echte storm komt nog’

RTLZ 17 december 2018 06:18 Aangepast: 3 uur 56 minuten geleden Beeld © Getty Precies een jaar geleden tikte de bitcoin 20.000 dollar aan. Het was het hoogtepunt van een wekenlange cryptohype. Maar zo veel als de bitcoin begin 2018 waard was, zo laag lijkt de koers van de munt het jaar te eindigen. RTL… Continue reading De bitcoin, 365 dagen en -17.000 dollar later: ‘De echte storm komt nog’

Crypto Market Defends $100 Billion But Traders Generally Not Optimistic

Crypto Market Defends $100 Billion But Traders Generally Not Optimistic

On December 15, the crypto market was at risk of dropping below the $100 billion mark in total valuation for the first time since Aug 1, 2017. Since then, the market has slightly recovered as its valuation increased from $100 billion to $104 billion. But, many traders and cryptocurrency technical analysts remain cautious toward the… Continue reading Crypto Market Defends $100 Billion But Traders Generally Not Optimistic

Crypto Winter? Winklevoss Twins Say They’re ‘Totally at Home’

Crypto Winter? Winklevoss Twins Say They’re ‘Totally at Home’

Cameron and Tyler Winklevoss, early bitcoin investors and founders of the Gemini crypto exchange, don’t seem to be deterred by the current market slump. In fact, speaking to Bloomberg recently, Tyler Winklevoss said, “We’re totally at home in winter.” The twins confirmed they are pushing ahead with their firm’s plans, including a new mobile application,… Continue reading Crypto Winter? Winklevoss Twins Say They’re ‘Totally at Home’

Coinbase Exec. Unpacks the Company’s About-Face on Crypto Listings

Coinbase Exec. Unpacks the Company’s About-Face on Crypto Listings

Coinbase Vice President Dan Romero has given reasons behind the platform’s recent announcement that it is exploring support for dozens of new cryptocurrency assets, arguably in contrast to its long-cautious approach to supporting individual crypto tokens. Speaking recently to Linda Shin on an episode of the Unchained podcast, he delved into the factors that predicated… Continue reading Coinbase Exec. Unpacks the Company’s About-Face on Crypto Listings

Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token

Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token

The Hydro Foundation has announced its decision to fork the 0x (ZRX) protocol. In a statement signed by CEO Tian Li, who is also the CEO of Ethereum DEX platform DDEX, the company revealed that even though 0x has contributed greatly to the growth of DDEX into one of the largest decentralized exchange (DEX) platforms on Ethereum,… Continue reading Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token

Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto

Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto

Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $20,000 in BTC in exchange for the terrorists to “give… Continue reading Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto

Brazilian Football Club Atletico Mineiro Launch Crypto Token for Fans

Brazilian Football Club Atletico Mineiro Launch Crypto Token for Fans

The latest football team to embrace cryptocurrency is the Brazilian football club Atletico Mineiro, who are amidst launching a crypto token for fans called ‘Galo Coins’. The relationship between the crypto industry and football is at an all-time-high as sports and crypto are a match made in heaven. As crypto looks to gain wider traction… Continue reading Brazilian Football Club Atletico Mineiro Launch Crypto Token for Fans

Crypto Hedge Fund: No One Took us up on $1 Million Stock Market Bet

Crypto Hedge Fund: No One Took us up on $1 Million Stock Market Bet

Morgan Creek founder Anthony Pompliano has claimed that his company’s $1 million bet on stocks outperforming crypto over the next ten years has had no takers since it was put up more than a week ago. On December 9, CCN reported that Morgan Creek instituted a $1 million “Buffet 2.0” wager inviting investors and money… Continue reading Crypto Hedge Fund: No One Took us up on $1 Million Stock Market Bet

French Financial Watchdog Blacklists More Cryptocurrency Websites

French Financial Watchdog Blacklists More Cryptocurrency Websites

The French financial watchdog, the Financial Markets Regulator (AMF), has blacklisted four more cryptocurrency websites in their ongoing mission to stamp out unauthorized crypto firms. As news of riots in France batter the world news, the AMF is also using strong-arm tactics to keep then nation’s crypto sector honest and in-check with their latest move.… Continue reading French Financial Watchdog Blacklists More Cryptocurrency Websites