Gerald Fenech
articles by Gerald Fenech
Business 18 April 2019
Crypto market daily report – April 18, 2019
Bitcoin SV (BSV) appeared to be turning the corner after having dropped substantially over the past few days and was up by around 3% to the $56 level.
Business 17 April 2019
Crypto market daily report – April 17, 2019
The cryptocurrency markets remained at a relatively stable level on Wednesday morning at press time although there were some exceptions.
Business 16 April 2019
Crypto market daily report – April 16, 2019
After starting the week on a rather positive note, the cryptocurrency market fell substantially on Tuesday morning with most coins down by considerable margins although there were some exceptions.
Business 15 April 2019
Crypto market daily report – April 15, 2019
The cryptocurrency markets saw a considerable rise on Monday morning at press time as several of the coins registered substantial increases across the board.
Business 12 April 2019
Crypto market daily report – April 12, 2019
The cryptocurrency markets continued to slide on Thursday evening and Friday morning at press time with the vast majority of coins down by considerable margins.
Business 11 April 2019
Crypto market daily report – April 11, 2019
The cryptocurrency markets experienced a considerable retracement in the past 24 hours with all major currencies dropping by the high single digits.
Business 10 April 2019
Crypto market daily report – April 10, 2019
The cryptocurrency markets posted a slight increase over the past 24 hours with Bitcoin Core (BTC) once again regaining the $5,200 level.
Business 9 April 2019
Crypto market daily report – April 9, 2019
The cryptocurrency market experienced some considerable drop over the past 24 hours although the major currencies were relatively stable.
Business 8 April 2019
Crypto market daily report – April 8, 2019
Bitcoin SV was stable at the $84 level, consolidating its gains over the past week when it rose by no less than 25% over the previous week.
Business 5 April 2019
Crypto market daily report – April 5, 2019
Bitcoin SV was down by 7% and was trading at around $84 at press time but with healthy turnover levels, it seems that this currency is poised for a breakout.
Business 4 April 2019
Crypto market daily report – April 4, 2019
The cryptocurrency markets demonstrated a slight decline on Thursday morning with most of the larger market caps showing a small decrease although the pullback was quite healthy.
Business 3 April 2019
Crypto market daily report – April 3, 2019
The cryptocurrency landscape continued to turn green all across the board with all major coins showing spectacular increases. Bitcoin SV was up by an equally impressive 26% to cross the $86 level at press time.
Business 2 April 2019
Crypto market daily report – April 2, 2019
The cryptocurrency markets showed a huge sign of revival as almost all coins smashed previous boundaries with double-digit increases across the board.
Business 29 March 2019
Crypto market daily report – March 29, 2019
The cryptocurrency market continued on a relatively stable footing as most coins remained at their previous levels over a 24-hour period.
Business 28 March 2019
Crypto market daily report – March 28, 2019
The cryptocurrency markets remained relatively stable over the past 24 hours with most coins making slight gains or remaining in their latest price range.
Business 27 March 2019
Crypto market daily report – March 27, 2019
The cryptocurrency markets saw minor gains on Wednesday morning at press time with most of the major coins observing a slight increase.
Business 26 March 2019
Crypto market daily report – March 26, 2019
The bullish momentum that seemed to have taken over the cryptocurrency markets last week appears to have fizzled out over the past 24 hours as almost all major cryptocurrencies posted losses.
Business 25 March 2019
Crypto market daily report – March 25, 2019
The cryptocurrency markets remained stable over the weekend with several of the major coins making only slight movements and largely holding their ground overall.
Business 22 March 2019
Crypto market daily report – March 22, 2019
The cryptocurrency markets appear to be destined to remain stuck for a long period with no real recovery on the horizon.
Business 21 March 2019
Crypto market daily report – March 21, 2019
The cryptocurrency markets remained on a relatively stable footing on Thursday morning at press time, although there were a few notable exceptions.
Business 20 March 2019
Crypto market daily report – March 20, 2019
The cryptocurrency markets entered into their third successive day of stability with some slight upward movement in the Bitcoin Core (BTC) price that pushed it over the $4,000 mark for the first time this month.
Business 19 March 2019
Crypto market daily report – March 19, 2019
The cryptocurrency markets remained in a relatively stable mode on Tuesday with the vast majority of coins registering small declines, although they were rather well supported.
Business 18 March 2019
Crypto market daily report – March 18, 2019
The cryptocurrency markets continued in a stable mode on Monday with most coins registering small declines with some notable exceptions.
Business 15 March 2019
Crypto market daily report – March 15, 2019
The cryptocurrency markets continued in static mode on Friday with very little movement either way, although there were some currencies which exhibited considerable changes overall.
Business 14 March 2019
Crypto market daily report – March 14, 2019
The cryptocurrency markets were mixed in fortunes on Thursday with some coins shooting upwards and others remaining at relatively the same levels or showing slight declines.
Business 13 March 2019
Crypto market daily report – March 13, 2019
The cryptocurrency markets showed a slight recovery on Wednesday with most coins in the green and showing positive movement.
Business 12 March 2019
Crypto market daily report – March 12, 2019
The cryptocurrency markets continued to retrace slightly with most coins reducing in value, although there were some exceptions across the board.
Business 11 March 2019
Crypto market daily report – March 11, 2019
The cryptocurrency markets saw a slight retracement over the past 24 hours although there were some currencies which demonstrated a turnaround against this decline.
Business 8 March 2019
Multi asset trading platform eToro launches in the US
Multi asset trading platform eToro launches in the USMeta: eToro are expanding their crypto trading services to the United States.
Business 8 March 2019
Crypto market daily report – March 8, 2019
Bitcoin SV saw a considerable increase over the past 24 hours and breached the $67 level on the back of a 2% increase to settle at the $67.40 mark.
Business 7 March 2019
DX Exchange launching Digital ETFs trading
The EU-regulated DX Exchange has now broadened its platform of offerings and has launched Digital ETF’s trading for its ever growing audience.
Business 7 March 2019
Crypto market daily report – March 7, 2019
The cryptocurrency markets continued on a stable footing on Thursday at press time with most coins maintaining their previous gains or increasing slightly.
Business 6 March 2019
Malta Digital Exchange moves operations to Malta Stock Exchange
The Malta Digital Exchange has moved in an effort to boost efficiencies and reduce costs.
Business 6 March 2019
Crypto market daily report – March 6, 2019
The cryptocurrency markets continued the bullish trend established on Monday with practically all the major currencies in the green.
Tech 5 March 2019
Ernst & Young announces cryptocurrency accounting software
The new software facilitates accounting as well as tax calculations for cryptocurrency transactions, and is part of a rollout piloted by Ernst & Young all over the world in the blockchain services field.
Business 5 March 2019
Crypto market daily report – March 5, 2019
The cryptocurrency markets remained in static mode across Tuesday with the main actors losing some of their price although there were some notable exceptions.
Business 4 March 2019
Crypto market daily report – March 4, 2019
The cryptocurrency markets began a slight decline on Monday morning at press time with the vast majority of coins demonstrating a drop in price.
Business 1 March 2019
European Securities and Markets Authorities suggests new crypto rules
Steven Maijoor, Chairman of the European Securities and Markets Authority, claimed that crypto assets are there to help investors and not to hinder them.
Business 1 March 2019
Crypto market daily report – March 1, 2019
The cryptocurrency markets made some modest gains on Friday morning as most currencies showed a small increase or remained static.
Business 28 February 2019
Russian commissioner for Human Rights requests extradition of Alexander Vinnik
Tatyana Moskalkova, The Commissioner for Human Rights in the Russian Federation, sent a letter to Michalis Kalogir, the Minister of Justice, Transparency and Human Rights of Greece, requesting to extradite alleged crypto fraudster Alexander Vinnik to Russia.
Business 28 February 2019
SoFi moves into the cryptocurrency exchange game
Looking to please their customers, SoFi has made the plunge and will partner with Coinbase to allow crypto trading.
Business 28 February 2019
Shariah-compliant crypto exchange Rain graduates from Bahrain sandbox
Rain, a Bahrain based cryptocurrency exchange, has graduated to the Central Bank of Bahrain’s Regulatory Sandbox.
Business 28 February 2019
Crypto market daily report – February 28, 2019
The cryptocurrency markets experienced a slight retracement on Thursday after a concerted slide on Wednesday evening, although a recovery remained on the cards.
Business 27 February 2019
Crypto market daily report – February 27, 2019
The cryptocurrency markets remained relatively stable over the past 24 hours with the vast majority of top currencies remaining in the same boat.
Business 26 February 2019
Mercedes Benz looks to blockchain tech for complex supply chains
Mercedes Benz have formed a partnership with Icertis for the joint development and implementation of blockchain technology in their supply chain.
Business 26 February 2019
Crypto market daily report – February 26, 2019
Bitcoin SV (BSV) was the top gainer over a 24-hour period where it was up by 13% to the $69 level, a mark that had not been seen for some time.
Business 25 February 2019
The real STO market outlook appears to be close to dying out
It appears that the Security Token market is suffering even more than the initial coin offering market is.
Business 25 February 2019
Crypto solar mining company goes belly up
CryptoSolar Tech were aiming to build a crypto mining facility in Spain powered by solar energy, but for a variety of reasons, it never pushed through.
Business 25 February 2019
Bank Frick sets up DLT Markets for crypto trading
Bank Frick is looking to be a European market leader with their new DLT Markets AG, a cross country crypto trading platform
Business 25 February 2019
Crypto market daily report – February 25, 2019
The cryptocurrency markets went through their usual cycle over the weekend with almost all major coins seeing double-digit gains over a few hours only for a monumental crash on Sunday.
Business 22 February 2019
Sequoia India leads seed round for Band Protocol
Venture capital firm Sequoia India lead a $3 million seed round for a Thai blockchain startup Band Protocol, who plans to reward content producers with blockchain technology.
Business 22 February 2019
Crypto market daily report – February 22, 2019
The cryptocurrency markets remained in the same waters on Friday with Bitcoin Core (BTC) settling at around the $3,950 mark.
Business 21 February 2019
Crypto market daily report – February 21, 2019
The cryptocurrency markets continued to hold on or even slightly increase their gains on Thursday. Bitcoin SV held on to its price level of $66, although movement was also slight at 1.5%.
Business 20 February 2019
Malta-based exchange XDAT announces new trading pairs
XDAT has announced the listing of 18 trading pairs, offering one of the most frictionless on-ramps for crypto trading.
Business 20 February 2019
Crypto market daily report – February 20, 2019
The cryptocurrency markets retraced slightly over the past 24 hours with most of the major currencies giving up part of the gains achieved over the past few days.
Business 19 February 2019
Blockchain is ‘disproportionately important’ to our conversations
A recent survey by MediaPost shows that blockchain and cryptocurrency still remain at the tip of our tongues, despite the down market.
Business 19 February 2019
IOTA Foundation announces startup fund
IOTA is teaming up with NOVA to support the next generation of blockchain startups.
Business 19 February 2019
Crypto market daily report – February 19, 2019
The cryptocurrency markets continued the bullish trend established on Monday with practically all the major currencies in the green.
Business 18 February 2019
Norwegian city sets up its own cryptocurrency
City Coin is a secure and innovative cryptocurrency based on City Chain, a smart city platform that enables the design, implementation and use of next-generation services for smart cities and their inhabitants.
Business 18 February 2019
Crypto market daily report – February 18, 2019
The cryptocurrency market is in full recovery mode on Monday with the vast majority of all the major coins showing substantial to modest increases.
Business 15 February 2019
Crypto market daily report – February 15, 2019
The cryptocurrency markets appeared to be in positive mood on Friday at press time as the majority of coins were up by a considerable margin while other held on to their previous day’s price levels.
Business 15 February 2019
ICO statistics show a major decline
It looks like the initial coin offering market rush is well and truly over after just over a year and a half of heady investments.
Business 15 February 2019
Nasdaq to launch cryptocurrency liquid index
The NASDAQ Stock Exchange appears to be venturing into the cryptocurrency markets as it announced it will launch a Bitcoin Core and Ethereum Liquid Index effective from February 25.
Business 14 February 2019
SEC askes Reality Shares to withdraw ETF application
The Securities and Exchange Commission has just written to the rather aptly titled Reality Shares Inc. to withdraw its BTC ETF application.
Business 14 February 2019
GMO Group loses JPY1.3B in cryptocurrency mining business
Japanese GMO Group lost quite a bit of money last year in the cryptocurrency business, as Bitcoin Core prices plunged and mining got less profitable.
Business 14 February 2019
Crypto market daily report – February 14, 2019
The markets were once again quite staid over the past 24 hours with very little notable movement apart from a couple of currencies.
Business 16 November 2018
Crypto market daily report – November 16, 2018
The cryptocurrency markets continued on their inexorable freefall over the past 24 hours with almost all major currencies showing a considerable decline across the board.
Business 15 November 2018
Crypto market daily report – November 15, 2018
The cryptocurrency markets experienced a massive crash on Wednesday afternoon with the rout continuing well into the night and on Thursday morning.
Business 12 November 2018
Regulators bring down more ICOs in Colorado
State regulators in Colorado got tough with for more initial coin offerings (ICOs), putting a cease and desist order on them last week. This brings the total number of ICOs rebuked by the state to a dozen.
Business 12 November 2018
Crypto market daily report – November 12, 2018
The cryptocurrency markets continued to look rather subdued on Monday morning with most of the major currencies experiencing a downward trend.
Business 9 November 2018
Crypto market daily report – November 9, 2018
The markets were in a considerably duller mood over the past 24 hours as practically all major currencies gave up some of the gains achieved over the past week.
Business 8 November 2018
Pay for airport taxi rides in Tokyo with Bitcoin BCH
One of Japan’s 16 regulated cryptocurrency exchange has teamed up with Hinomaru Limousine, allowing the airport taxi service to start accepting payments in Bitcoin Cash (BCH), as well as in other cryptos.
Business 7 November 2018
Crypto market daily report – November 7, 2018
The cryptocurrency markets continued to post slight gains on Wednesday morning, with Bitcoin Cash still on an impressive run—surpassing the $600 level on Tuesday evening and settling at around $620 at press time.
Business 6 November 2018
Switzerland clamps down on banks trading in crypto: report
The situation in Switzerland got a whole lot more difficult for cryptocurrency and banking in general, as the Swiss Financial Market Supervisory Authority (FINMA) is getting tough on those banks who want to trade in crypto assets.
Business 6 November 2018
Crypto market daily report – November 6, 2018
The cryptocurrency markets held on to Monday’s strong gains with the top performers, Bitcoin Cash (BCH) and Ripple (XRP) maintaining their momentum.
Business 5 November 2018
SEC enforcement report highlights ICO misconduct in United States
Although there isn’t a clear framework regarding regulation for cryptocurrencies in the United States, the Securities and Exchange Commission (SEC) has placed a considerable emphasis on the space throughout 2018, particularly on initial coin offerings (ICOs).
Business 5 November 2018
Crypto market daily report – November 5, 2018
After a long hiatus where most of the major coins were sleepily lying in wait at record low levels, it seems that the bull has finally awakened and there is no better proof of this than Bitcoin Cash.
Business 14 September 2018
Crypto market daily report – September 14, 2018
Bitcoin Cash rose by well over 10% to the $470 mark on Friday after a week of consistently losing in price and appeared to be poised for further gains during the next 24 hours.
Business 13 September 2018
US states want Indian police to seize assets of BitConnect promoters
Authorities from two U.S. states have asked India’s Criminal Investigation Department (CID) of Gujarat police to seize the assets of the people allegedly behind cryptocurrency sector’s most elusive and sensational scam.
Business 13 September 2018
Crypto market daily report – September 13, 2018
Bitcoin Cash was trading at the $435 level at press time on Thursday, an increase of around 3% after having dropped dangerously close to the $400 level on Wednesday.
Business 12 September 2018
ICO regulation plan gets green light in United Arab Emirates
The UAE’s Securities and Commodities Authority (SCA) has approved a plan to regulate initial coin offerings (ICOs) and recognize them as securities.
Business 12 September 2018
Crypto market daily report – September 12, 2018
The cryptocurrency markets continued to lose momentum on Wednesday as most of the major currencies experienced a considerable downtrend with the drops being from 5 to 7% in most cases.
Business 11 September 2018
Binance enters security token fray with new Maltese exchange
Cryptocurrency exchange Binance announced that it has entered into a partnership with the Malta Stock Exchange (MSE) to launch a new digital exchange specifically for security token trading.
Business 11 September 2018
Riot Blockchain CEO out after $27M pump and dump scheme exposed
John O'Rourke, chief executive officer of Riot Blockchain, has been kicked to the curb following allegations that he was involved in a massive pump and dump scheme that generated an estimated $27 million.
Business 11 September 2018
Crypto market daily report – September 11, 2018
The cryptocurrency markets continued to stabilize after a relatively torrid day on Monday, when most of the coins reached yearly lows.
Business 10 September 2018
Coinbase explores crypto ETF with BlackRock: report
The crypto exchange-traded fund (ETF) sector looks to be getting a new customer as cryptocurrency exchange giant Coinbase is rumoured to be exploring how to launch a fund in this area.
Business 10 September 2018
Lawmaker seeks crucial set of regulations to open EU to ICOs
a European lawmaker argued in favour of crafting a crucial set of regulations to make ICOs more “accessible” within the European Union (EU).
Business 10 September 2018
Crypto market daily report – September 10, 2018
The cryptocurrency markets continued to decline steadily after last week’s crash with most of the currencies dropping to yearly lows, although there was a slight recovery on Sunday and Monday morning.
Business 7 September 2018
Crypto market daily report – September 7, 2018
The cryptocurrency markets registered a slight revival on Friday with most of the major currencies showing a small increase overall. Bitcoin Cash registered a 5% increase to trade at around $520 at press time, but turnover appeared to be weak with selling pressure probably putting the price down further.
Business 6 September 2018
Think tank proposes EU-level regulation of crypto exchanges, ICOs
In an apparent step towards tighter control of the cryptocurrency industry, Brussels-based think tank Bruegel has proposed better European Union (EU)-level regulation for cryptocurrency exchanges and clearer rules on initial coin offerings (ICOs).
Business 6 September 2018
Have crypto to spare? Malta’s Valletta Palazzo is up for sale
A huge palazzo in the heart of Malta’s capital, Valletta, is now up for grabs with a €3 million price tag. The snag, however, is that the property can only be purchased with cryptocurrency.
Business 6 September 2018
Crypto market daily report – September 6, 2018
In what seems to be another case of déjà vu, the cryptocurrency markets wiped out two weeks of positive gains in a matter of a few hours with the value of the entire market dropping by no less than $40 billion.
Business 5 September 2018
Beware of fraud: Belgium raises red flag on 78 ‘unlawful’ crypto platforms
The list, posted by Belgium's Financial Services and Markets Authority (FSMA), includes no less than 78 cryptocurrency platforms—28 of which added only on Tuesday.
Business 5 September 2018
British baroness caught with pants down as ICO flops
Equi Capital, the latest venture of English lingerie baroness who goes by the outlandish title of Lady Mone of Mayfair or Baroness Michelle Mone, has been accused by bounty hunters of short changing them by paying them next to nothing to promote her product.
Business 5 September 2018
Crypto market daily report – September 5, 2018
Bitcoin Cash held up well on the $630 level and was making small pushes upwards towards the $650 level with a possible breakout towards the $700-$800 levels appearing possible in the next 24-48 hours.
Business 4 September 2018
2,600 investors sunk with South Korea’s shipwreck ICO scam: report
A substantial number of investors in South Korea have reportedly lost well over $8 million in an alleged fraudulent ICO involving a phantom shipwreck with a supposed tranche of billions of dollars' worth of gold on board.
Business 4 September 2018
BTC Gold delisted over lack of 51% attack compensation
Bittrex has decided to delist the alt coin after its team failed to pay the sum of 12,732 BTG, worth $265,000 in current trading price, as compensation following the infamous 51% attack in May, in which hackers managed to spirit away over 388,000 BTG.
Business 4 September 2018
Crypto exchange Bittrex buys stake in Malta blockchain firm
Cryptocurrency exchange Bittrex has acquired a 10% stake in Malta-based blockchain company Palladium, the Times of Malta reported.
Business 4 September 2018
Crypto market daily report – September 4, 2018
Bitcoin Cash was relatively stable trading between the $620 and $640 mark on Tuesday morning at press time—it practically remained in the same price levels all day with only minor movements up or down.
Business 3 September 2018
Rakuten joins Japan’s crypto fray with $2.3M exchange buy
ecommerce giant Rakuten said that it had decided to acquire a cryptocurrency exchange in Japan, called Everybody's Bitcoin, to continue diversifying its interests and thus also entering the crypto space.
Business 3 September 2018
Police crack down on crypto ATMs across Russia
Russian police have seized no less than 22 automated teller machines (ATMs) selling cryptocurrency in several cities in Russia last week.
Business 3 September 2018
Crypto market daily report – September 3, 2018
Bitcoin Cash was the star of the show over the past 48 hours, rising by no less than 20% on Sunday to reach the $650 level before dropping back slightly to the $630 level on Monday morning at press time.
Business 31 August 2018
Crypto market daily report – August 31, 2018
Bitcoin Cash recovered some of its losses on Thursday and was close to the $550 mark yet again on Friday morning at press time.
Tech 30 August 2018
Crypto and blockchain experts, Hong Kong wants you
The government of this special administrative region of China is now actively considering promotional and administrative measures to facilitate the immigration of what it is terming as ‘quality people’ from all over the world.
Business 30 August 2018
Russia goes after crypto wallets of criminal suspects
Rosfinmonitoring, a government agency responsible for monitoring and preventing financial crimes in Russia, is planning on expanding its internal systems to take cryptocurrencies into account.
Business 30 August 2018
Crypto market daily report – August 30, 2018
The cryptocurrency market experienced a slight retracement on Thursday morning with most of the Top 10 currencies showing a small decline. Bitcoin Cash settled at just below the $550 mark at press time, a 2% decline from the $570 level it reached on Wednesday.
Business 29 August 2018
Venezuela’s Nicolas Maduro insists banks must accept Petro coin
Venezuelan President Nicolas Maduro has reportedly ordered the country’s banks to accept the state-backed Petro cryptocurrency as a unit of account.
Business 29 August 2018
Colorado puts a stop to 3 unregistered ICOs in the state
Colorado Securities Commissioner Gerald Rome ordered three cryptocurrency firms allegedly promoting unregistered ICOs to show cause.
Business 29 August 2018
Crypto market daily report – August 29, 2018
The cryptocurrency market continued to maintain the gains achieved on Tuesday with the vast majority of the top coins holding on or even increasing their prices. Bitcoin Cash was up by around 2% to trade at the $560 level, spurred by the positive momentum that prevailed across the markets.
Business 28 August 2018
Baidu joins China’s cryptocurrency blockade party
Chinese search giant Baidu has joined the growing list of large companies in China that have been banning cryptocurrency-related content.
Tech 28 August 2018
Despite little knowledge, North Korea testing crypto mining waters: report
A report by South Korea's state-run Korea Development Bank (KDB) suggested that North Korea has been mining cryptocurrencies, albeit on a small scale.
Business 28 August 2018
Crypto market daily report – August 28, 2018
The cryptocurrency market continued its recovery on Tuesday morning with a considerable boost in several of the Top 10 coins. Bitcoin Cash saw a considerable rise which was more pronounced and of around 7% to settle at the $550 level at press time.
Business 27 August 2018
North Korea prepares to hold crypto conference in October
Called "Korean International Blockchain Conference," the inaugural blockchain conference is hosted by the Democratic People's Republic of North Korea (DPRK) in the capital city of Pyongyang, starting Oct. 1.
Business 27 August 2018
Mt. Gox creditors may finally get (some) of their money back
Mt. Gox has opened an online claim filing system allowing creditors to begin registering claims on the funds they had lost after the Tokyo-based crypto exchange filed for bankruptcy in 2014.
Business 27 August 2018
Crypto market daily report – August 27, 2018
The cryptocurrency market began a small rally on Monday with most of the top currencies showing slight gains, while those with smaller market caps registered large gains.
Business 24 August 2018
Wirex secures e-money license in the UK
Wirex Ltd., a provider of cryptocurrency debit cards in Europe, has been granted an e-money license by the Financial Conduct Authority (FCA).
Business 24 August 2018
Germany wants payments system independent from US
Trouble may be brewing for U.S. dollar’s dominance following reports that Germany has called for an independent payment system that is free from the influence of the United States government.
Business 24 August 2018
Crypto market daily report – August 24, 2018
Bitcoin Cash recovered from its slump on Thursday and was once again trading close to the $530 level on Friday at press time—an increase of 3%.
Business 23 August 2018
Japan’s FSA vows support for crypto industry—if properly regulated
Japan’s Financial Services Agency (FSA), which previously had come down like a ton of bricks upon the sector in general, has promised to ensure that the domestic crypto industry will grow "under appropriate regulation."
Tech 23 August 2018
Russia ‘largest’ crypto mining farm equipped with 3,000 machines: report
The facility, built on the site of a former Soviet-fertilizer-producing laboratory, has an energy capacity of around 20mW and is equipped with more than 3,000 machines for crypto mining.
Business 23 August 2018
Crypto market daily report – August 23, 2018
The cryptocurrency market experienced another downturn on Wednesday afternoon and Thursday morning, with most major currencies seeing the gains made on Tuesday vanish within a matter of a few hours.
Tech 22 August 2018
Capitol Hill turns its attention to crypto mining, blockchain tech
Lawmakers in the United States are taking a considerable interest in the cryptocurrency and blockchain space, if the recent discussion on the U.S. Senate Committee on Energy and Natural Resources is of any indication.
Business 22 August 2018
S. Korea lawmakers revisit ICO ban, cryptos and ‘blockchain island’ policy
It seems that Malta is not the only country to come under the tag of the blockchain island of late, with South Korea also entering the fray in a big way.
Business 22 August 2018
Crypto market daily report – August 22, 2018
Bitcoin Cash recovered from a slight dip on Tuesday to rise by 5% on Wednesday and reach the $550 mark—a level that had not been seen since last week and demonstrating that a recovery in this currency was well underway.
Tech 21 August 2018
Contrary to popular FUD, crypto mining is not a threat to environment
Dr. Katrina Kelly-Pitou, a research associate in electrical and computer engineering at the University of Pittsburgh, pointed out that the doom-and-gloom scenario portrayed by those who castigate cryptocurrency for its environmental wastefulness may be off the mark.
Business 21 August 2018
Crypto exchanges join Winklevoss brothers in self-regulatory group
A group of crypto exchanges have decided to band together to form a self-regulating organization called the Virtual Commodity Association (VCA), with the backing of the Winklevoss brothers' Gemini exchange.
Business 21 August 2018
Crypto market daily report – August 21, 2018
The cryptocurrency market appeared to be in a state of flux with most coins experiencing sharp downturns.
Business 20 August 2018
11 South Korea crypto exchanges complete ‘short term’ security measures: gov’t
Of the 21 crypto exchanges, gov’t officials said 11 have completed the short-term measures. Eight exchanges—Upbit, Bithumb, Korbit, Coinnest, Coinlink, Coinone, Coinplug, and Huobi Korea—have also improved their wallet management systems, according to South Korea government.
Business 20 August 2018
21-year-old ‘prolific Bitcoin dealer’ indicted on money laundering charges
Jacob Burrell Campos, 21, was arrested while he was entering the U.S. from Mexico at the Otay Mesa Port of Entry in connection with a 31-count indictment, according to U.S. authorities.
Business 20 August 2018
Chief of BitConnect’s Asia operations arrested at Delhi airport
Divyesh Darji, reportedly the head of BitConnect India, was taken into custody after he arrived from Dubai, according to local media outlets.
Business 20 August 2018
Crypto market daily report – August 20, 2018
The cryptocurrency market continued to register a consistent and stable momentum with several of the top currencies showing consistent increases. Bitcoin Cash showed solid momentum with a 5% increase to the $565 level.
Business 17 August 2018
Binance brings crypto-to-fiat exchange service to Liechtenstein market
Binance announced that it is setting up a crypto-to-fiat exchange in the tiny but super rich municipality of Liechtenstein that is nestled in the Alps. The announcement was made by Binance LCX, a joint venture between Binance and Liechtenstein CryptoAssets Exchange, last August 16.
Business 17 August 2018
Coinbase makes Bitcoin purchases more secure with new patent
U.S. cryptocurrency exchange Coinbase has secured a patent for protecting a method of making Bitcoin purchases much more secure for its customers.
Business 17 August 2018
Crypto market daily report – August 17, 2018
Bitcoin Cash showed a positive movement, rising to the $540 mark at press time on Friday and again increased turnover was demonstrating a healthy upward push.
Business 16 August 2018
Stakeholders not happy with Malta’s Virtual Financial Assets Rulebook
The Malta Financial Services Authority (MFSA) has now published a Virtual Financial Assets (VFA) Rulebook specifically pertaining to the regulation of Issuers of VFAs under the Virtual Financial Assets Act (VFAA).
Business 16 August 2018
Crypto market daily report – August 16, 2018
The cryptocurrency market continued its positive momentum on Thursday morning as most of the coins held on to the double-digit gains achieved over the past 24 hours. Bitcoin Cash had an excellent increase of about 10% on Wednesday, rising to around $530 at one point.
Business 15 August 2018
US securities regulator shuts down yet another fraudulent ICO
David T. Laurance and Tomahawk Exploration LLC attempted to raise money through the sale of blockchain-based digital tokens called “Tomahawkcoins,” according to the U.S. Securities and Exchange Commission. The ICO was allegedly to be used to fund oil exploration and drilling in the state of California.
Business 15 August 2018
Netherlands Antilles exploring digital currency option
The Centrale Bank van Cuaracao en Sint Maarten (CBCS), the central bank for the Netherlands Antillean guilder, is looking at the possibility of creating a digital version of the guilder to facilitate digital payments.
Business 15 August 2018
Crypto exchange ZB.com set to launch in Malta
Yet another cryptocurrency exchange is joining the growing list of blockchain and crypto companies setting up in Malta, which calls itself ‘the Blockchain Island.’
Business 15 August 2018
Crypto market daily report – August 15, 2018
Bitcoin Cash recovered well and was trading at around the $510 level, which means an increase of around 6% over a 24-hour period.
Business 14 August 2018
No 400 BTC charges for new currency listings at Binance, CEO says
After being stung repeatedly by the crypto community on rumours that cryptocurrency exchange Binance is charging up to 400 BTC for listing a new crypto coin on its platform, its CEO Changpeng Zhao has come out to fiercely deny the reports.
Business 14 August 2018
California court rebuffs motion to remand against Ripple
A district court in the United States has junked a motion seeking to remand against Ripple Labs and its subsidiary XRP II.
Business 14 August 2018
Crypto market daily report – August 14, 2018
The cryptocurrency market has taken an alarming push downward in the past few hours, demonstrating total weakness in support levels with almost every coin falling by double-digit levels.
Tech 13 August 2018
David Marcus leaves Coinbase board to lead Facebook’s blockchain strategy
Coinbase received a jolt after David Marcus announced he's stepping down from the San Francisco-based company's board of directors due to a new role which he has undertaken at Facebook.
Business 13 August 2018
BitConnect vanishing soon from the face of crypto world
Cryptocurrency exchange TradeSatoshi announced that it is removing 10 altcoins from its platform effective Sept. 10, 2018. Among the coins to be delisted is BCC, which reportedly still has a market capitalization of over $6.6 million—an incredible feat given that the token is practically worthless now.
Business 13 August 2018
Malta at the top of the list of daily trading on exchanges: report
Malta, the ‘Blockchain Island,’ is currently top of the list of those countries when it comes to cryptocurrency exchange trading volume, a new study has found.
Business 13 August 2018
Crypto market daily report – August 13, 2018
Bitcoin Cash recovered from its hammering where the price sank to the low $500s at one point. It was trading at around the $570 level on Monday at press time, and appeared to be poised for further gains on higher turnover.
Business 10 August 2018
Bill seeks to tax Ukraine residents 5% on crypto profits
The Ukranian government may soon impose a 5% tax on all cryptocurrency profits from mining or sales when these are exchanged to fiat. This is in addition to a mandatory 1.5% tax rate, which Ukranians owe the country since the beginning of a conflict in the East.
Business 10 August 2018
Crypto market daily report – August 10, 2018
After dropping to $570 on Thursday, Bitcoin Cash plotted a good and was up to around the $610 level on Friday morning on Binance. With the cryptocurrency continuously getting accepted across a wide range of merchants, this may prove to start a bull run in the not too distant future.
Business 9 August 2018
US judge lets Tim Draper off in Tezos lawsuit—for now
Venture capitalist Tim Draper has been let off the hook with regards to a class action suit brought by investors of the ill-fated Tezos digital coin.
Business 9 August 2018
Singapore’s AlphaBit exchange setting up office in Malta
AlphaBit CryptoCurrency (ABCC) Exchange, currently based in Singapore, recently announced that it will be setting up an office in Malta.
Business 9 August 2018
Crypto market daily report – August 9, 2018
Bitcoin Cash began a muted recovery, and after dropping to a yearly low in the mid $500s, it moved up by around 10% to the $600 level and also looked poised to make further gains.
Business 8 August 2018
Coinbase raises daily buy and sell limits to $25,000
Coinbase is boosting its daily purchase limits to $25,000 for customers who have completed the site’s identity verification process, as well as allow instant trading following the receipt of bank transfers.
Business 8 August 2018
US securities regulator delays decision on Vaneck Solidx crypto ETF
As expected, there was widespread panic in the markets after the U.S. Securities and Exchange Commission (SEC) decided to extend the time period for taking a decision on the Vaneck Solidx BTC ETF.
Business 8 August 2018
UK’s Barclays denies plans (again) for crypto trading desk
British banking giant Barclays has dismissed reports that plans are in motion for its own crypto trading desk.
Business 8 August 2018
SEC overstepped bounds in rejecting crypto ETF, official says
The U.S. Securities and Exchange Commission has no jurisdiction to look at the underlying asset—in this case, BTC—when considering whether to approve a rule change proposal for an ETF, according to Commissioner Hester Peirce.
Business 8 August 2018
Crypto market daily report – August 8, 2018
The cryptocurrency market crashed badly on Wednesday, with all major and minor coins suffering double digit drops as the U.S. Securities and Exchange Commission (SEC) once again delayed its decision on a Bitcoin ETF to late September.
Business 7 August 2018
Crypto market daily report – August 7, 2018
Bitcoin Cash did not proffer much movement and was trading at around $690 at press time—quite close to its yearly low with spiralling turnover.
Business 6 August 2018
No, Starbucks is not accepting Bitcoin for coffee purchases
Coffee retailer Starbucks clarified that it would not be accepting cryptocurrencies as payment for coffee and croissants purchases. At least, not yet.
Tech 6 August 2018
London-listed crypto miner Argo raises $32M on first trading day
Cryptocurrency mining company Argo Blockchain PLC is now listed on the London Stock Exchange (LSE). And on its first trading day, the company already sold 156.25 million shares at 16 pence each for a total of $32 million, which means Argo now has a baseline valuation of $61 million.
Business 6 August 2018
Crypto market daily report – August 6, 2018
Bitcoin Cash was also on the recovery phase with a 4% increase and registering a price level of around $710.
Business 3 August 2018
German stock exchange gears up for crypto, ICO tokens trading
Börse Stuttgart will set up a new trading venue that allows the exchange of tokens from initial coin offerings (ICOs) it will host, in addition to other established cryptocurrencies, according to reports.
Business 3 August 2018
Mt. Gox creditors prepare for Bitcoin repayments
Following a court’s decision in June, a group of creditors of the defunct Mt. Gox cryptocurrency exchange has started preparing to claim for Bitcoin repayments.
Business 3 August 2018
Neufund, BitBay set up Malta’s first crypto-to-fiat exchange
Berlin-based Neufund and Polish cryptocurrency exchange BitBay have teamed up to set up what they are claiming will be Malta’s first cryptocurrency to fiat exchange.
Business 3 August 2018
Japan’s SBI eyes crypto derivatives platform with US investment
SBI Crypto Investment, a unit of Japanese financial services group SBI Holdings, has acquired a 12 percent stake in a U.S.-based electronic trading platform and operator Clear Markets, which offers over-the counter derivatives electronic trading services in the United States, United Kingdom and Japan.
Business 3 August 2018
Colorado authorities halt ‘Linda Health Coin’ ICO
Securities regulators in the U.S. state of Colorado has issued a cease and desist order halting the initial coin offering (ICO) of Linda Health Coin (LNDA), which they deemed an unregistered security.
Business 3 August 2018
Crypto market daily report – August 3, 2018
The cryptocurrency market continued its decline on early Friday morning as a negative sentiment seemed to prevail over all the Top 10 coins.
Business 2 August 2018
South Korea crypto scam promises investors shipwreck gold
Authorities in South Korea are investigating an alleged cryptocurrency investment scam involving Seoul-based Shinil Group as the key figure.
Business 2 August 2018
Crypto market daily report – August 2, 2018
Bitcoin Cash (BCH) was one of the few Top 10 currencies to show a slight improvement over a 24-hour period. BCH was up by 1% to trade at the $765 level on Binance after it had dropped to below the $740 level on Wednesday.
Business 1 August 2018
Malta regulator wants public input on its virtual financial assets rules
The consultation exercise to implement the three virtual currency and blockchain bills into Maltese legislation continues at a fast pace with further developments going on almost on a weekly basis.
Business 1 August 2018
Crypto market daily report – August 1, 2018
Bitcoin Cash was trading at around the $750 mark—a drop of 6% although there seemed to be interest in the coin as turnover was considerably up.
Business 31 July 2018
South Korea may soon strip tax perks from crypto exchanges
The South Korean government proposed a revision to the country's existing tax law that would remove crypto exchanges from the small and medium enterprise (SME) category.
Business 31 July 2018
Thai movie theater chain starts accepting Bitcoin BCH payments
Major Cineplex has teamed up with Rapidzpay to allow its patrons to pay for their movie tickets and popcorn with cryptocurrencies like Bitcoin Cash.
Business 31 July 2018
Decentralized Founders ‘Bank’ still awaiting Malta license
Founders Bank has been marketing itself as the world’s first decentralized and community-owned bank, yet the Malta Financial Services Authority (MFSA) said it wasn't aware that the company has been publicly—and illegally—calling itself as a "bank."
Tech 30 July 2018
Regulator clears Genesis Mining of crime—a first for South Carolina
Icelandic cryptocurrency mining company Genesis Mining is all set to resume its operations in the United States after the Securities Commissioner of South Carolina dismissed its six-month-old cease and desist order against the operator.
Business 30 July 2018
Gambling coin Withcoin hit with $12M class action suit
Withcoin, a cryptocurrency designed for casinos, has been accused of propagating lies, according to a class action lawsuit filed in Japan.
Business 30 July 2018
KickCoin smart contract loses $7.7M worth of tokens in hack
Another day and another hack in the crypto space with the latest victim being Kickico, which experienced a staggering loss of 70 million KickCoin tokens valued at an estimated $7.7 million.
Business 27 July 2018
Malta crypto and blockchain bills published – consultation exercise underway
The Malta Financial Services Authority is currently involved in a consultation exercise to ensure that all stakeholders are well informed on what the three blockchain and crypto laws that were passed recently, entail.
Business 27 July 2018
Binance creates the Blockchain Charity Foundation together with Malta
Binance has created the Blockchain Charity Foundation and has broken new ground when it teamed up with the Maltese President’s Trust.
Business 26 July 2018
Crypto market daily report – July 26, 2018
The cryptocurrency markets continued their positive trend in the past 24 hours with most of the Top 10 coins showing good gains.
Business 26 July 2018
Japanese crypto exchanges propose self-regulatory organization – limits margin trading
The cryptocurrency exchanges in Japan have formed a self-regulatory organization proposing restriction for all investors which will allow them to borrow for up to four times their deposit.
Business 25 July 2018
No insider trading: Coinbase wraps up Bitcoin Cash probe
A spokesperson for Coinbase confirmed to Fortune that the months-long investigation conducted by two U.S.-based law firms on the alleged insider trading concluded last week, noting that the exchange “determined to take no disciplinary action.”
Business 25 July 2018
Reserve Bank of India coaxes Supreme Court to regulate crypto
Cryptocurrencies like Bitcoin need to be regulated in India as they “encourage illegal transactions.” That was the argument that the Reserve Bank of India (RBI) made last Friday before the Supreme Court of India.
Business 25 July 2018
Crypto market daily report – July 25, 2018
Bitcoin Cash traded up as much as 10% to the $870 mark before easing back slightly to register $850 at press time.
Business 25 July 2018
6 crypto exchanges comply with Japan regulator’s business improvement order
In June, the FSA issued business improvement orders to BITPoint Japan, Bitbank, Bitflyer, BtcBox, Tech Bureau and Quoine. These six companies have confirmed that they have submitted a written improvement plan to the agency last July 23.
Business 25 July 2018
US securities regulator delays decision on 5 ETFs
The U.S. Securities and Exchange Commission has delayed its decision on whether to approve five BTC-related exchange traded funds (ETFs) until September.
Business 24 July 2018
Crypto market daily report – July 24, 2018
Bitcoin Cash was one of the rare exceptions to also see a positive trend in the past 24 hours, when it was up by roughly 5% to trade at $852 at press time on Tuesday.
Business 24 July 2018
Blockchain, crypto hopefuls still waiting to kickstart business in Malta
The laws may have been passed, but the blockchain and cryptocurrency sector in Malta will have to wait a little bit longer before they can start operations.
Business 23 July 2018
Switzerland steps up to halt cryptocurrency firms’ exodus
Stringent regulations and unwelcoming banks are causing Switzerland to lose business in the cryptocurrency sector to its crypto-friendly rivals like Lichtenstein, Gibraltar and the Cayman Islands.
Business 23 July 2018
Crypto market daily report – July 23, 2018
Bitcoin Cash was up by around 5% to trade at the $820 level at press time on Monday with a further push expected.
Business 20 July 2018
Japanese minister in hot water over alleged crypto exchange link
Seiko Noda, the minister for Internal Affairs and Communications, was questioned by members of the Japanese press on Thursday over her alleged involved with an unregistered cryptocurrency exchange.
Business 20 July 2018
OKEx, Malta Stock Exchange team up for crypto security trading
OKMSX will leverage OKEx’s digital asset operations and security expertise and the Malta's Stock Exchange's extensive experience in regulatory compliance and client due diligence.
Business 20 July 2018
Crypto market daily report – July 20, 2018
Bitcoin Cash experienced a slight pull back to below the $800 level and even went as far as the $760 level, but the currency then experienced a mini rally with the price settling at just under the $800 mark on Friday morning.
Business 19 July 2018
Russia tightens regulation for cryptocurrency miners, investors
Crypto miners and investors in Russia will now be regulated under the Internal Revenue Code, according to the chairman of the Russian State Duma Committee on Financial Markets.
Tech 19 July 2018
Ransomware on the decline as cryptojacking gains popularity: report
According to a report by Skybox Security, illicit cryptocurrency mining, or ‘cryptojacking’ as it is more popularly known, has become far more popular with cybercriminals than ransomware.
Business 18 July 2018
Change.org screensaver mines cryptocurrency for charity
The social petition website has teamed up with marketing agency Traceylocke Brazil for a screensaver that mines cryptocurrency while the user's computer is idle.
Business 18 July 2018
Crypto market daily report – July 18, 2018
Bitcoin Cash shot up by around 10% to reach the $870 level, confirming that the latest news of payment gateways and applications which are adopting the coin are having a hugely positive effect on the price.
Tech 17 July 2018
Kodak-branded crypto mining scheme collapses
Under Spotlite's plans, people will pay an up-front fee of $3,400 (£2,500) to rent a Kodak KashMiner. In return, the renters get to keep a portion of any BTC that the crypto miner generated.
Business 17 July 2018
Crypto market daily report – July 17, 2018
The cryptocurrency markets continued their mini rally in the past 24 hours, marking two straight days of gains—an occurrence that has not been seen since early May.
Business 16 July 2018
South Korea’s Bithumb exchange eyes Japan, Thailand expansion
Bithumb, a cryptocurrency exchange based in South Korea, is already working to obtain regulatory approvals from Thailand's Securities and Exchange Commission to set up an exchange in the country, according to reports.
Business 16 July 2018
Crypto market daily report – July 16, 2018
Bitcoin Cash recovered very well from its sub $700 levels and was trading at $721 at press time on Monday after having reached the $730 level on Sunday.
Business 13 July 2018
Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds
In 2017, “over 70% of ICO funding (by $ volume) to-date went to higher quality projects, although over 80% of projects (by # share) were identified as scams,” according to the Statis study.
Business 13 July 2018
Binance to invest in Malta’s decentralized Founders Bank
The collaboration between Binance and Neufund will see the setting up of Founders Bank, which will be focused on providing services to crypto customers, who, in turn, will be the shareholders of the bank through an ICO.
Business 13 July 2018
Crypto market daily report – July 13, 2018
The cryptocurrency markets posted a slight reversal on Thursday evening with most of the major gains showing gains of between 1% and 5%.
Business 12 July 2018
Donald Trump targets cyber frauds with newly-created crypto task force
The U.S. president signed an executive order for the establishment of a task force that will address “market integrity and consumer fraud.”
Business 12 July 2018
Crypto market daily report – July 12, 2018
Bitcoin Cash was stable in a tight trading range of between $680 and $690, but with very low turnover.
Business 11 July 2018
In another first for Malta, ‘blockchain island’ hosts landmark ICCO
Malta continues to set the trend in the cryptocurrency and blockchain space with the launch of the first initial convertible coin offering (ICCO) by a local blockchain company called Palladium.
Business 11 July 2018
Europe’s first crypto unicorn? Ledger sells 1M crypto wallets in 2017
Paris-based crypto wallet company Ledger intends to enter new markets with its President Pascal Gauthier planning to raise more money in 2018 after it raised a staggering $75 million in January.
Business 11 July 2018
Crypto exchange Huobi expands on US soil with HBUS
HBUS, a virtual currency marketplace and the U.S. strategic partner of Huobi, announced it has started accepting new user registrations by U.S. residents.
Business 11 July 2018
Crypto market daily report – July 11, 2018
The cryptocurrency markets continued their steep decline on Tuesday afternoon and Wednesday morning with all major currencies dropping by large margins that varied between 5% and 10%.
Business 10 July 2018
Cryptos poised to be mainstream payment in 10 years, study finds
A study, published by Imperial College and eToro, has pointed out that cryptocurrencies such as Bitcoin Cash (BCH) could become mainstream within the next decade as well as being accepted as a legitimate form of payment.
Business 10 July 2018
Crypto market daily report – July 10, 2018
The cryptocurrency markets experienced a rapid downturn on Tuesday morning, where practically all the gains made over the past few days were erased in a matter of hours.
Business 9 July 2018
‘Negligent’ YouTube named defendant in Bitconnect lawsuit
Google-owned YouTube was charged with negligence in connection with its alleged failure to protect or warn its users that Bitconnect was a scam.
Business 9 July 2018
Crypto market daily report – July 9, 2018
The cryptocurrency markets maintained the slight gains achieved over the weekend, although there was a small retracement on Monday morning at press time.
Business 6 July 2018
Thai SEC publishes new regulations covering cryptocurrency
Thailand’s financial markets regulator Securities and Exchange Commission has finally announced its regulatory framework for initial coin offerings. The laws will come into effect on July 16.
Business 6 July 2018
Crypto market daily report – July 6, 2018
The cryptocurrency markets’ decline continued on Friday morning as selling pressure hit sentiment, with most of the top 10 cryptocurrencies showing losses of between 2% and 7% with some falling even further.
Business 5 July 2018
3 crypto, blockchain bills sail through Maltese Parliament
The Maltese Parliament unanimously passed three blockchain and cryptocurrency-related bills into law via a third reading.
Business 5 July 2018
Crypto market daily report – July 5, 2018
Bitcoin Cash had little movement over the past 24 hours but maintained its position at between the $760 and $770 mark after having increased by around 15% since Monday.
Business 4 July 2018
Xiaomi disavows ICO linked to its name
Blockchain investment firm Blackmoon is offering a token called BMxXMI. The price of this token is pegged to Xiaomi’s stock vale based on a dollar-for-dollar level.
Business 4 July 2018
Crypto market daily report – July 4, 2018
The cryptocurrency markets registered a slightly negative movement downwards on Wednesday, although they continued to maintain the momentum gained last Monday.
Business 3 July 2018
2 accused of illegal sale of blockchain stocks pony up over $1.14M
Two Nevada men agreed to settle a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) accusing them of illegal sale in blockchain-related company stocks.
Business 3 July 2018
Crypto market daily report – July 3, 2018
Bitcoin Cash is showing strong momentum of late and has risen by well over 20% over the past 48 hours, which is encouraging after the sheer drop that it experienced in the past few days.
Business 2 July 2018
Double-spend bug, ‘wash’ trading: More controversies hound Tether
Red flags have been raised yet again concerning 'stablecoin' Tether. This time, analysts have issued warnings against a potential double-spend bug as well as a possible case of price manipulation.
Business 2 July 2018
Crypto market daily report – July 2, 2018
The cryptocurrency markets established a stable regime over the weekend after having jumped by a considerable margin on Friday evening.
Business 29 June 2018
South Korea’s Bithumb reduces crypto hack losses to $17M
The South Korean crypto exchange claimed to have reduced the losses to around KRW19 billion (US$17 million) after it retrieved some of the lost funds from other exchanges.
Business 29 June 2018
Crypto market daily report – June 29, 2018
The slow but constant decline in the cryptocurrency markets continued Friday morning as BTC dipped below the $6,000 mark for the second time in a week.
Business 28 June 2018
US lawmakers tighten screws vs crypto use for illegal activities
HR 6069 will enable U.S. Congress to develop methods regulating the use of cryptocurrencies in an attempt to prevent illegal drug sales as well as sex trafficking in the country.
Tech 28 June 2018
PBoC seeks patent for digital wallet for tracking crypto transactions
The patent, submitted to China's State Intellectual Property Office (SIPO), describes a digital wallet that offers multi-signature security, managing encrypted digital assets with private keys.
Business 28 June 2018
Crypto market daily report – June 28, 2018
The cryptocurrency markets continued to trade sideways over the past 24 hours with most of the major coins showing very little movement either way.
Business 27 June 2018
Crypto market daily report – June 27, 2018
The cryptocurrency markets continued to experience negative sentiment over the past 24 hours, with all of the top 10 coins registering a decrease.
Tech 26 June 2018
Technical errors, security scare hound Nano wallet launch
The launch of the long-awaited Nano wallet caused it to skyrocket to the front pages of app stores. Then, developers found a bug threatening the security of user’s funds.
Tech 26 June 2018
Crypto miner maker Ebang Communication joins IPO frenzy
Another China-based cryptocurrency mining hardware marker has reportedly submitted a prospectus for an initial public offering (IPO).
Business 26 June 2018
Crypto market daily report – June 26, 2018
Bitcoin Cash also recovered well from the general slump and traded at around $745 at press time—an increase of 8%, with a further push to the $800 level not unexpected.
Business 25 June 2018
Secret Service seeks Congress help in anonymous crypto crackdown
The U.S. Secret Service has asked the Congress for assistance in preventing cryptocurrencies such as Monero and Zcash since these have enhanced privacy and anonymity features that can be used for illegal activities like money laundering.
Business 25 June 2018
Tokyo court rules Mt. Gox creditors may recover funds
The Tokyo District Court announced that the assets belonging to creditors of the now defunct Mt. Gox cryptocurrency exchange will finally be distributed back to their rightful owners.
Business 25 June 2018
Crypto market daily report – June 25, 2018
The crypto currency markets began a slight recovery on Monday morning after a disastrous weekend, when BTC dropped below the $6,000 mark for the second time this year.
Business 25 June 2018
Binance to assist Malta Stock Exchange in blockchain startup program
The Malta Stock Exchange (MSX) FinTech Accelerator Programme aims to support and mentor fintech startups and entrepreneurs to become more competitive.
Business 22 June 2018
‘Unbanked’ Irish crypto companies lament problems with lenders
Some startups claim to have been “unbanked” by Irish lenders, meaning that financial institutions have withdrawn banking services.
Business 22 June 2018
Crypto market daily report – June 22, 2018
After experiencing a mini rally over the past few days, Friday saw familiar territory for cryptocurrencies as the vast majority of the top coins experienced steep losses.
Tech 20 June 2018
Siacon mining falls victim to massive malware hack in China
Cyber criminals allegedly collaborated with computer maintenance companies in China to inject computers based at around 100,000 internet cafes with malware to mine Siacon illegally.
Business 20 June 2018
Crypto Fund AG receives Swiss license to distribute funds
Crypto Fund AG, a fund based in the ‘blockchain city’ of Zug in Switzerland, announced that it had received a license from financial market supervisor FINMA to distribute funds.
Business 20 June 2018
Crypto market daily report – June 20, 2018
The cryptocurrency markets continued to recover on Tuesday and Wednesday although there was a slight retracement at press time.
Business 18 June 2018
Dutch financial authority raises doubt over legality of crypto investments
The Netherlands Authority for Financial Markets (AFM) expressed “serious doubts” over whether entities that are dealing in cryptocurrencies actually conform to licensing laws.
Business 18 June 2018
Italian gov’t confiscates Bitgrail’s crypto assets
Investors of Bitgrail have suffered yet another setback, following announcements that the Italian courts have seized the assets of the embattled cryptocurrency exchange as the firm’s bankruptcy proceedings continue.
Business 18 June 2018
Crypto market daily report – June 18, 2018
The cryptocurrency markets remained in the negative over the weekend with all major virtual currencies showing slight downward movements.
Business 15 June 2018
5 ICO projects may soon launch in Thailand, regulator says
The SEC is poised to approve five ICO projects to register for fundraising procedures as soon as the organic law of Thailand's digital asset decree takes effect in late June.
Business 15 June 2018
Bitcoin Cash, 3 others join crypto exchange ItBit’s arsenal
New York financial regulators have given cryptocurrency exchange ItBit the green light to add a host of new cryptocurrencies to its product offerings.
Business 15 June 2018
Crypto market daily report – June 15, 2018
The cryptocurrency markets continued to show slight gains on Thursday and these were taken into Friday, although there was retracement for some currencies on low turnover.
Business 14 June 2018
Don’t expect Western Union to add crypto option anytime soon
CEO Hikmet Ersek said Western Union customers are still overwhelmingly in favor of fiat currency.
Business 14 June 2018
Crypto exchange Binance signs MoU for Jersey move
It's all systems go for Binance's move to Jersey, Channel Islands.
Business 14 June 2018
Crypto market daily report – June 14, 2018
After the bloodbath earlier in the week, the cryptocurrency markets began Thursday with a slight recovery although they're still some ways off from last week's levels.
Business 13 June 2018
Int’l AML watchdog considers tightening rules for crypto exchanges
Intergovernmental organization Financial Action Task Force (FATF) is reportedly preparing to tighten up the rules for cryptocurrency exchanges.
Business 13 June 2018
Crypto market daily report – June 13, 2018
The cryptocurrency markets continued on a slump on late Tuesday and early Wednesday, with BTC slipping below the $6,600 mark to trade at $6,575 at press time.
Business 13 June 2018
Wells Fargo blocks credit card holders from buying cryptocurrency
U.S. banking giant Wells Fargo will no longer allow its customers to purchase cryptocurrencies using its credit card, according to a Fortune report.
Tech 12 June 2018
nTezos forks ahead of Tezos launch
nTezos promised to share Tezos's open source code but without the Know-Your-Customer protocols.
Business 12 June 2018
Crypto market daily report – June 12, 2018
After a torrid 48 hours where the cryptocurrency markets lost around $50 billion in total market cap value, Tuesday morning saw a slight uptick in the prices of several coins.
Tech 11 June 2018
Apple revises App Store rules, bans crypto mining apps
The App Store recently changed its guidelines with regard to cryptocurrency applications that can be downloaded from the marketplace.
Business 11 June 2018
Bitcoin Cash, 6 other cryptos approved for trading, ICOs in Thailand
In an unprecedented development, the Thai government authorized a number of cryptocurrencies as well as initial coin offerings in the country.
Business 11 June 2018
Crypto market daily report – June 11, 2018
BTC set off the downward spiral when it careened down from $7,200 to around $6,600 in a matter of a few hours before recovering slightly to the $6,700 mark on Monday.
Business 8 June 2018
Margin trading lands South Korea’s Coinone in hot water
Authorities in South Korea are preparing to charge cryptocurrency exchange Coinone over its margin trading services, which investigators said is used to provide illegal gambling services.
Business 8 June 2018
US regulator junks FOIA request for Bitfinex, Tether subpoenas: report
The U.S. Commodity Futures Trading Commission reportedly rejected an FOIA request for the subpoenas that were allegedly issued to cryptocurrency exchange Bitfinex and ‘stablecoin’ Tether.
Business 8 June 2018
Crypto market daily report – June 8, 2018
The cryptocurrency markets achieved some level of stability on Friday before the weekend, with most coins showing little or no movement although there was a slight downward trend in general.
Editorial 7 June 2018
‘Rapidly growing’ Bitcoin Cash likely to go up 10x from current prices
Bitcoin Cash, according to MoneyWeek analyst Dominic Frisby, has proved to be far better for payments given its quick processing time as well as its low transaction fees.
Business 7 June 2018
Crypto market daily report – June 7, 2018
Bitcoin Cash maintained its $1,150 level at press time on Thursday with very little movement either way, although that there might be a considerable push forward in the coming days.
Business 7 June 2018
Bitfinex back online after yet another cyber attack
Bitfinex succumbed to another DDoS attack, which happened shortly after the platform was relaunched.
Business 6 June 2018
Indonesia accepts cryptocurrencies as trading commodities
In a move that will propel the country forward in the cryptocurrency space, Indonesia has announced that domestic trading exchanges can accept cryptocurrencies as commodities.
Business 6 June 2018
SEC announces new cryptocurrency chief
Valerie Szczepanik has been appointed to the position of associate director of the Division of Corporation Finance and will also be the senior advisor for Digital assets and Innovation.
Business 6 June 2018
Crypto market daily report – June 6, 2018
Bitcoin Cash has been quite consistent in its recovery period and is almost always the coin which bounces back with the most vigour after suffering losses.
Business 5 June 2018
Slovenia opens first ‘Bitcoin City’
Slovenia, one of the smallest countries in the European Union is certainly not resting on its laurels when it comes to the blockchain and crypto currency space.
Business 5 June 2018
Crypto market daily report – June 5, 2018
After a somewhat positive Monday, the cryptocurrency markets again experienced a decline with all major currencies losing in value.
Business 4 June 2018
Gibraltar launches crypto trading platform for institutional investors
With so much talk about how and when institutional money will finally enter the cryptocurrency markets, Gibraltar appears to have made a considerable step forward in this regard.
Business 4 June 2018
Crypto markets stable over weekend, Bitcoin BCH up 20%
The crypto currency markets continued with their recovery over the weekend with most of the major coins showing considerable increases across the board.
Business 1 June 2018
Bitcoin Cash looks to break barriers as adoption continues
The cryptocurrency market entered Friday on a stable note, with most of the larger digital currencies holding on to the gains made over the past few days barring a few exceptions.
Business 31 May 2018
Singapore crypto exchange Huobi sets foot in Brazil
Beijing-born cryptocurrency exchange Huobi is reportedly marketing its platform in Brazil, while also making attempts to hire staff that will man its new Sao Paolo offices.
Tech 30 May 2018
Austrian regulator bans unlicensed crypto mining company
The Austrian Financial Market Authority ordered INVIA GmbH to cease its crypto mining operations due to suspicion of unauthorised management of an Alternative Investment Fund (AIF).
Business 30 May 2018
Polish crypto exchange BitBay announces move to Malta
Bitbay announced that it is suspending trading activities in Poland due to non-cooperation of banks, and will move its operations to crypto-friendly Malta.
Business 30 May 2018
Crypto markets charge ahead, Bitcoin Cash up 12%
The cryptocurrency market has rebounded from last week's lows with all major currencies posting considerable double-digit gains against the U.S. dollar.
Business 29 May 2018
Bank of England considering cryptocurrency of its own: report
Bank of England Governor Mark Carney said he would still consider issuing a digital currency, although it’s not an immediate concern for the central bank.
Tech 29 May 2018
Mao Zedong stunt ends in furore at blockchain conference in China
A publicity stunt featuring a Mao Zedong lookalike ended badly for organizers of a blockchain conference in China.
Business 29 May 2018
ETH drops by another 10% as crypto market endures decline
Although BTC remained relatively stable over the past 24 hours, all major cryptocurrencies continued to decline with Ethereum leading the way, dropping by another 10% overall.
Business 28 May 2018
Poloniex ID update leads to frozen accounts, legacy customers claim
Complaints have been piling up on Reddit and other social networks that a number of Poloniex’s legacy users have not been able to access their accounts.
Business 28 May 2018
Bithumb bans crypto trading in 11 countries, including North Korea
South Korean cryptocurrency exchange Bithumb has announced it is banning digital assets trading in a number of countries, including North Korea, Iran, Iraq and Sri Lanka, along with seven other locations.
Business 28 May 2018
BTC down by 5% as crypto markets continue slow decline
After a partial recovery on Friday, the cryptocurrency markets continued their slow decline over the weekend with all major currencies showing steep drops.
Business 25 May 2018
Bitcoin Cash moving towards adoption in Colombia with Bitek
The adoption of Bitcoin Cash (BCH) has gotten a lot easier in Colombia, thanks to cryptocurrency payment processor Bitek.co.
Business 25 May 2018
Why crypto debit cards are the way forward for mainstream adoption
As the cryptocurrency space becomes ever more popular, there are several ways and means for these currencies to become mainstream.
Business 25 May 2018
Cryptocurrency markets show positive gains
The cryptocurrency market is on recovery mode as all major currencies were finally in the green after having sustained heavy losses in the first half of the week.
Business 24 May 2018
India eyes 18% tax on cryptocurrency trading: report
An 18% tax is being examined on all cryptocurrency trading by India's Central Board of Indirect Taxes and Customs, according to reports.
Business 24 May 2018
Court orders Italian exchange BitGrail to remain shut
Defunct Italian cryptocurrency exchange BitGrail has shot its bolt and would not be reopening anytime soon—on court orders.
Business 24 May 2018
Crypto market crashes, BTC sinks to $7,500
Cryptocurrency markets had a torrid day on Thursday as every single top tier currency continued to sink by considerable margins.
Business 24 May 2018
CFTC issues guidelines for cryptocurrency derivatives listing
The U.S. Commodity Futures Trading Commission has published an intriguing advisory for clearing houses and exchanges about assessing as well as listing cryptocurrency derivatives products.
Business 23 May 2018
Owning cryptos could compromise US contractors’ security clearances: report
Cryptocurrency investors could be deemed a security risk in the United States, especially if the investor in question holds security clearance or is applying for one to access classified U.S. government information.
Business 23 May 2018
Cryptocurrencies continue to decline; BTC dips below $8,000
The cryptocurrency market continued to decline on Wednesday morning with all major currencies dropping heavily as the price of BTC once again dipped below the $8,000 mark.
Business 22 May 2018
Pioneer exchange trading fund liquidates BTC holdings
Ark Innovation ETF has divested a substantial part of its BTC holdings, citing regulatory as well as tax concerns.
Business 22 May 2018
Canada cracks down on unlicensed cryptocurrency companies
The Ontario Securities Commission has warned the public about BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc.
Business 22 May 2018
Cryptocurrency markets resume decline
The cryptocurrency markets failed to hold on to the small gains that were established over the weekend.
Business 21 May 2018
Coinbase looking to apply for federal banking license: report
Cryptocurrency brokerage firm and exchange Coinbase has been meeting with U.S. regulators to discuss the possibility of acquiring a banking license, according to a Wall Street Journal report.
Business 21 May 2018
Tether issues another $250M worth of new USDT tokens
Tether, which trades at around 1:1 with the U.S. dollar, has just printed a quarter of a billion USDT tokens, according to the Omni Explorer.
Business 21 May 2018
Bitcoin Cash up 12% as crypto markets look for recovery
Bitcoin Cash rose by about 12% over the past two days to come close to the $1,300 level yet again as more investors come into the market and a boost is also being seen in mining for BCH.
Business 18 May 2018
Genesis Global secures elusive New York BitLicense
Genesis Global Trading is the latest firm to receive a BitLicense from the New York Department of Financial Services.
Business 18 May 2018
Crypto market small gains reversed; BTC dips below $8,000
The cryptocurrency markets reversed the small gains made on Thursday and continued descending with all major coins showing declines over the past 24 hours.
Business 18 May 2018
Will a new generation of crypto exchanges move us past Mt. Gox?
The Mt Gox effect is still being felt with trustees dumping thousands of BTC on the market and creating artificial depressions in price—much to the chagrin of the cryptocurrency investment community.
Business 17 May 2018
Thailand exempts crypto investors from 7% VAT ‘to reduce tax burden’
Thailand’s Revenue Department announced that it would be waiving the 7% value-added tax (VAT) for all individual cryptocurrency investors.
Business 17 May 2018
US regulator creates fake ICO to teach investors a lesson
The U.S. Securities and Exchange Commission (SEC) has come out with an ingenious way to guide prospective investors on looking for red flags on ICOs—the HoweyCoins.
Business 17 May 2018
Bitcoin Cash regains footing as crypto market snaps out of doldrums
Bitcoin Cash was in recovery mode on Thursday, regaining the psychologically significant level of $1,300 on Thursday morning and looked to be making a push towards the $1,350 level
Business 16 May 2018
Telegram sues Florida company over ‘gram’ name
Popular encrypted message service Telegram has filed a lawsuit against Florida-based Lantah LLC, which intended to launch its own cryptocurrency with the word ‘gram’ in it.
Business 16 May 2018
More regulation coming to EU for cryptocurrencies
These new rules are intended to drastically reduce anonymity for both users as well as activities, including cryptocurrency-related transactions, in the European Union.
Business 16 May 2018
Cryptocurrency market loses gains; BTC down to $8,300 again
Sentiment for Bitcoin Cash is still bullish with the price around $1,280, and a rebound could be seen very soon as markets recover amid positive sentiment.
Business 15 May 2018
Traders find ways around Pakistan ban to buy, sell cryptos: reports
Although the State Bank of Pakistan has banned commercial banks, financial firms and traders from operating in cryptocurrencies, some are finding ways and means of circumventing this ban.
Tech 15 May 2018
HSBC finalizes landmark trade finance transaction on blockchain
The transaction, which usually takes around a week to complete with paper-based processing, was finalized within a few hours on the blockchain, according to HSBC.
Business 15 May 2018
Cryptocurrency markets continue muted recovery
Bitcoin Cash, trading at around $1,450 at press time, is well poised to continue making gains over the next 24 hours as partnerships and innovations continue to be announced bringing additional exposure to its capabilities.
Business 14 May 2018
Japan’s GMO adds Bitcoin Cash, 3 more cryptos to loan program
Originally the loan program was launched just for BTC, but GMO has gone further and added Bitcoin Cash, Ethereum, Litecoin, and Ripple to the mix.
Business 14 May 2018
German online bank ditches SWIFT for cryptocurrency
Bitbond, an online bank founded in 2013 by Radoslav Albrecht, is making use of cryptocurrency's borderless nature for international loan payments.
Business 14 May 2018
Crypto markets begin week on a downtrend after weekend resurgence
Bitcoin Cash had a good weekend recovering to almost $1,500 on Sunday, but suffered a considerable decline dropping below the $1,400 mark before recovering slightly.
Tech 11 May 2018
‘Epic fail’ blockchain bill derailed at 2018 Colorado Legislative Session
The Colorado legislators decided to sink a bill that would have exempted some cryptocurrencies from being regulated as securities under the Colorado Securities Act.
Business 11 May 2018
Israel taxman goes after cryptocurrency traders
The Israel Tax Authority is reportedly actively seeking out those traders who are engaging in cryptocurrency business, in a bid to demand a fair share of their profits.
Business 11 May 2018
Crypto markets crash, BTC drops to below $9,000
After a relatively quiet day where the major cryptocurrencies had seen good gains and consolidation, a steep drop on Thursday afternoon saw the whole gamut of currencies go down by large margins.
Business 10 May 2018
Winklevoss twins move ahead with crypto ETP exchange patent
The U.S. Patent and Trademark Office has awarded the Winklevoss twins a patent that would allow them to settle exchange-traded products (ETPs) with digital currencies like BTC, Ripple, Ethereum, and Dogecoin.
Business 10 May 2018
Crypto exchange Bitmora looking to launch in Malta instead of US
Bitmora has scaled back its plans and decided to move to Malta, citing regulatory issues and problems with banks in the United States.
Business 10 May 2018
Bitcoin Cash leads crypto market recovery
Bitcoin Cash saw its price rise considerably from below the $1,500 mark to well above the $1,600 mark on Thursday.
Business 9 May 2018
Texas crypto investment scheme hit with cease order over fraud claims
The Texas State Security Board has issued a cease and desist order to Forex EA and Bitcoin Investment LLC, which has been offering unregistered securities whilst also making deceiving statements that mislead gullible investors.
Business 9 May 2018
NY Stock Exchange trains sights on cryptocurrency trading platform
New York Stock Exchange, the world’s largest stock exchange platform, is actively looking into starting a full-fledged cryptocurrency exchange.
Business 9 May 2018
Bad news, FUD pull cryptocurrency market down
A combination of bad news, FUD and a general negative sentiment pulled the cryptocurrency market down yet again on Tuesday, with BTC dropping further to flirt with the $9,000 mark.
Business 8 May 2018
‘Friendlier’ Canada attracts Miami-based crypto startup CBlocks
Fed up with regulatory uncertainty over cryptocurrencies in the United States, Miami-based company CBlocks is moving to Canada in the near future.
Business 8 May 2018
Feds link crypto price fall to creation of Bitcoin futures
The considerable price decline of cryptocurrencies like BTC in late December 2017 to early 2018 may have something to do with Bitcoin futures after all.
Business 8 May 2018
Bitcoin Cash continues to be crypto market’s prime mover
Bitcoin Cash recovered from a drop of below $1,600 to trade at almost $1,700 before dropping back slightly to the mid $1,600's.
Tech 7 May 2018
JPMorgan patent punts on blockchain for ‘network payments’
In a dramatic reversal of outlook on the cryptocurrency and blockchain market, banking giant JPMorgan Chase has—you heard it right—applied for a blockchain patent as far off as last October.
Business 7 May 2018
Ripple Labs hit with securities class-action suit
A San Francisco resident has filed a securities class action lawsuit, claiming that Ripple Labs has violated state and federal securities laws whilst engaging in illegal schemes to raise hundreds of millions of dollars through the sale of unregistered XRP tokens.
Business 7 May 2018
Bitcoin Cash stays on course amid crypto market retracement
Bitcoin Cash jumped considerably to well over $1,800 over the weekend, a 120% from its low in March. It was trading at around $1,650 at press time, still well above all other currencies performance which was rather staid.
Tech 4 May 2018
Viber poised to follow Telegram’s footsteps out of Russia
After Russia banned Telegram, it appears that Viber will be the next one going this way if the government's security services are not able to acquire its encryption keys.
Business 4 May 2018
BitGrail exchange re-opens, only to shut down 3 hours later
BitGrail, which recently made headlines due to February's Nano hack, found itself again a victim of yet another unfortunate incident that dented quite a bit of its credibility.
Business 4 May 2018
Crypto market continues strong recovery—Bitcoin Cash rises further
The real star mover of the day was once again Bitcoin Cash, which breached the psychologically significant $1,500 level to trade at around $1,550 at press time.
Business 3 May 2018
Telegram calls off public ICO
Telegram has decided against holding a public initial coin offering (ICO) after having raised a staggering $1.7 billion in a private pre-sale, reports have confirmed.
Business 3 May 2018
Goldman Sachs gearing up to launch Bitcoin futures
Investment banking giant Goldman Sachs is taking a step into the cryptocurrency space as it looks to launch its own Bitcoin (BTC) futures product soon.
Business 3 May 2018
Bitcoin Cash jumps 10% as crypto market sees positive spike
The cryptocurrency market's biggest mover by far was Bitcoin Cash (BCH), which jumped considerably to almost $1,500 over the past 24 hours before settling at the $1,450-$1,470 mark.
Business 2 May 2018
Iran presses for development of local cryptocurrency
The government of Iran is reportedly going ahead with a major project that will pave for the country’s own cryptocurrency in the not too distant future.
Business 2 May 2018
Vertcoin joins growing list of hijacked Twitter crypto accounts
The cryptocurrency market continues to be compromised by scammers and fraudsters at every turn with the latest victim being Vertcoin.
Business 2 May 2018
Coinbase value more than quadruples to staggering $8B: report
San Francisco-based exchange Coinbase is now reportedly valued at a staggering $8 billion—that’s a jump of over $6 billion from the $1.7 billion valuation it reported less than a year ago.
Business 2 May 2018
Bitcoin Cash recovers as crypto market trades sideways
Bitcoin Cash was recovering well on Wednesday to trade above the $1,300 mark and was well on course to reach the $1,400 mark if a sustained rally takes place over the next few days.
Business 2 May 2018
Mastercard looks to expand blockchain network of its own
The payments conglomerate Mastercard is looking to enter the crypto space in a big way as it adds new nodes to its blockchain network.
Business 1 May 2018
Markets slump again as BTC drops below $9,000
All major currencies were down, with BTC experiencing another drop to below the $9,000 mark after having briefly flirted with $9,500 over the weekend.
Business 30 April 2018
India’s Koinex rolls out zero-fee, crypto-to-crypto trading pairs
Koinex announced that it would be introducing no less than 23 crypto-to-crypto trading pairs with no fees—an added incentive for new cryptocurrency investors who are hoping to enter the market in a big way.
Tech 30 April 2018
Alcohol company Madison Group pours $60M into crypto miner Diginex
Diginex, a multinational crypto-asset investment services firm, has sold 51% of the company’s stake in the cryptocurrency and mining field to another Hong Kong-based firm, Madison Group Holdings.
Business 30 April 2018
Bitcoin Cash holds on to gains, sets sights on $1,500
Bitcoin Cash was trading at around $1,400 at press time and was looking to soar to the $1,500 level again with some upward momentum.
Business 27 April 2018
Europe’s new tech ‘unicorn’ Revolut adds support for Bitcoin Cash, Ripple
London-based Revolut said had raised a Series C investment round of $250 million, putting the company’s total valuation at $1.7 billion. With the new funding, Revolut said it plans to expand into other markets and introduce trading in Bitcoin Cash (BCH) and Ripple (XRP).
Tech 27 April 2018
Strong demand for crypto mining chips boosts Samsung Q1 profit
Electronics giant Samsung reported an impressive first quarter performance for 2018 with revenues and profits in record territory for the fourth straight quarter, thanks to the demand for semiconductors used in cryptocurrency mining.
Business 27 April 2018
Bitcoin Cash pushes for $1,400 as crypto market continues muted recovery
Bitcoin Cash consolidated above the $1,300 mark and was trading at around $1,380 at press time—it was looking to breach that mark and regain traction for a push to the $1,400 mark.
Business 26 April 2018
Mayhem at South Korean exchange—free crypto coins given out in error
Cashierest caused a sensation in South Korea’s crypto space after it was revealed that its users were allowed to withdraw up to five times their coin holdings due to a system glitch.
Business 26 April 2018
Philippines’ special economic zone opens doors to crypto operators
The Philippine government is opening the Cagayan Special Economic Zone to allow cryptocurrency and blockchain operators “to take advantage of tax perks while generating employment.”
Business 26 April 2018
Bitcoin Cash maintains $1,300 level amid mid-week market slump
Bitcoin Cash retreated considerably although it was trading above the $1,300 mark at press time. This is still well over 120% up from its intra month low of around $600.
Business 25 April 2018
Binance leads $30M funding round for privacy-centric MobileCoin
Binance Labs described MobileCoin as ‘a mobile-first, user-friendly cryptocurrency which plays a critical role in mainstream cryptocurrency adoption.'
Business 25 April 2018
BaFin-approved German hybrid fund combines crypto, real estate
BITREAL Capital GmBH has been granted authorization by the German Financial Supervisory Authority (BaFin) to market a hybrid cryptocurrency and real estate fund.
Business 25 April 2018
Half of Russian ICO funds go to pyramid schemes: report
The Russian Association of Cryptocurrencies and Blockchain (RACIB) reported that around half of the ICO funds in the country that were raised in the past year—amounting to $300 million—have gone to pyramid schemes.
Business 25 April 2018
Bitcoin Cash holds on to its gains as crypto market recovery stalls
Bitcoin Cash saw a slight retracement from Tuesday, dropping by around 8% to trade at $1,350 at press time but still held on to most of its gains over the past few days.
Business 24 April 2018
Financial analyst drags Facebook to court over scam crypto ads
Martin Lewis is suing Facebook in the UK High Court for defamation, claiming the social media network published well over 50 fake advertisements that used Lewis's image to promote a fake product or investment scams.
Business 24 April 2018
Bitcoin Cash jumps 120% in April to breach $1,500
Bitcoin Cash breached the psychologically significant $1,500 level--an incredible 120% rise since April 10, when BCH was trading at just over $600.
Business 23 April 2018
Third man in Mayweather-backed $32M ICO faces fraud charges
One of Centra’s co-founders, Raymond Trapani, was charged with violating the anti-fraud and registration provisions of the federal securities laws in connection with the 2017 ICO.
Business 23 April 2018
Tech firm Xunlei comes under fire over ‘disguised’ ICO
Chinese technology company Xunlei has become the subject of several class action lawsuits from investors who have bought the company’s digital token, LinkToken.
Business 23 April 2018
Bitcoin Cash outperforms the crypto market with over 20% growth
Bitcoin Cash saw a humungous increase of well over 20% to add to the 40% over the past week to reach the $1,350 level, an astonishing gain that confirms the strength of interest in the currency as it looks to lead the market.
Business 23 April 2018
Tezos co-founder hit with ban, $2,000 fine from FINRA
Arthur Breitman has been fined by the Financial Industry Regulatory Authority to the tune of $20,000 over a number of false statements he reportedly made regarding his venture whilst he was still an employee of Morgan Stanley.
Business 20 April 2018
Crypto market recovery continues as Bitcoin Cash tests $1,000 mark
Bitcoin Cash continued to perform exceptionally well, shooting up to $960 level and getting ready to test the $1,000 mark anytime soon.
Business 19 April 2018
What’s the truth? German startup claims $50M ICO scam a PR stunt
Yassir Hankir, CEO of German startup Savedroid, resurfaced in a YouTube video claiming that the $50 million exit scam was really a PR stunt to push for "high quality ICO standards."
Business 19 April 2018
Bitcoin Cash closes in on $900 as crypto market roars ahead
Bitcoin Cash roared ahead to $880—a whopping 23% increase over less than 24 hours, and a clear indication that this currency is back to the bull phase as we previously predicted.
Business 18 April 2018
Malta continues to forge ahead in blockchain sphere
Malta's Financial Services Authority has come up with a proposal for a Financial Instrument Test, which should distinguish between what assets that come from initial coin offerings are actually securities.
Business 18 April 2018
Cambridge Analytica eyed ICO before all hell broke loose: report
Cambridge Analytica had already started discussions with a company that advises on how to initiate and set up ICOs, according to reports.
Business 18 April 2018
Bitcoin Cash jumps to $830 as BTC takes a nosedive
Bitcoin Cash posted strong gains during the day, only to jump to $830 level at press time—a positive movement overall.
Business 17 April 2018
Coinbase shopping spree continues with $120M Earn.com buy
San Francisco-based cryptocurrency exchange Coinbase has not been resting on its laurels of late, and has announced the acquisition of Earn.com in a $120 million deal on Tuesday.
Business 17 April 2018
Bitcoin Cash holds $780 level amid largely staid crypto market
There appears to be great interest in Bitcoin Cash at the moment with several payment providers announcing partnerships and it is looking good for another push—perhaps to the $1,000 level in the second half of the month.
Business 16 April 2018
Bitcoin Cash touches $790 mark as crypto market continues recovery
Bitcoin Cash rose substantially to touch the $790 mark at one point before falling back marginally to trade at around at $760 level although the cryptocurrency may also continue to rise if further buying pressure comes into the market.
Business 13 April 2018
Cryptocurrencies see huge revival; BTC price climbs 18%
Thursday could have been the defining point in the end of the three-month bear market for cryptocurrencies as a huge revival pushed the price of SegWit-Coin BTC up of around 18% in just 30 minutes.
Business 13 April 2018
Malta attracts yet another cryptocurrency exchange—OKEx
Hot on the heels of Binance declaring that it is coming to Malta, cryptocurrency exchange OKEx confirmed that it's also setting its sights on the Mediterranean Island.
Business 12 April 2018
Lawsuit accuses JPMorgan of charging high fees for crypto purchases
JPMorgan Chase and Co has been slapped with a lawsuit on the exorbitant interest rates it allegedly charged a client who purchased cryptocurrency in Idaho.
Business 12 April 2018
Cryptocurrency markets on the up as Bitcoin Cash moves forward
Bitcoin Cash experienced considerable upward momentum and was trading at around $675 at press time on the Binance exchange.
Tech 11 April 2018
Ledger investigates wallet’s sudden lack of Bitcoin Cash support
Users complained that they have been unable to access their Bitcoin Cash funds on the Ledger wallet for the past two days due to technical problems.
Business 11 April 2018
Bitcoin Cash regains foothold amid largely neutral crypto market
Bitcoin Cash performed somewhat better, regaining the $650 mark on Wednesday morning and was looking to move forward to begin retesting the $700 mark.
Business 10 April 2018
Venezuela assembly green lights decree on cryptocurrencies
The Venezuelan parliament has enacted sweeping reforms that made the use of the country's oil-backed cryptocurrency, Petro, legal tender—at least in Venezuela.
Business 10 April 2018
Markets face short-lived revival as crypto prices drop again
After a relatively positive Monday morning where all major cryptocurrencies were on the rise including SegWit-Coin BTC, the rest of the day was negative with steep losses covering a wide swath of cryptocurrencies.
Business 9 April 2018
‘Worried’ State Bank of Pakistan warns against shady crypto dealings
The bank cautioned its customers against dealing with cryptocurrencies, particularly shady initial coin offerings (ICOs).
Business 9 April 2018
Bitcoin Cash regains its mojo as crypto markets begins recovery
Bitcoin Cash appeared to be moving forward in the coming days as news of a hard fork in May create interest and demand in the currency.
Business 6 April 2018
Expect more price falls as tax deadline looms for US crypto owners
As if the situation was not bad enough for cryptocurrency owners, further pressure on prices looms in the form of the April 15 tax deadline in the United States.
Business 6 April 2018
SEC considers listing more Bitcoin ETFs on NYSE Arca
More Bitcoin exchange-traded funds are reportedly closer to being listed on NYSE Arca, the first all-electronic exchange in the United States.
Business 5 April 2018
Ripple’s XRP scrambles to get listed on Gemini, Coinbase: report
XRP has been consistently touted as a "crucial link" between banks and the innovative cryptocurrency market, but the coin is reportedly struggling to get listed on two major exchanges in the United States.
Business 4 April 2018
John McAfee will tweet about your crypto project—for $105,000
Computer programmer and entrepreneur John McAfee is going to start charging $105,000 per tweet to promote cryptocurrencies and initial coin offerings (ICOs).
Business 4 April 2018
Russia eyes Venezuela’s Petro token for ‘international transactions’
Venezuela’s much vaunted cryptocurrency, Petro, has (finally) found a supporter—Russia.
Business 4 April 2018
Bitcoin Cash price rises 10% as crypto market continues muted recovery
Bitcoin Cash performed excellently on Tuesday rising by as much as 10% at one point before dropping back slightly to the $680 level, having gone over the $700 level at one point.
Business 3 April 2018
Monex Group eyes majority stake in Tokyo-based Coincheck
The online broker has reportedly offered an amount believing to run into “billions of yen for a majority stake” in the beleaguered cryptocurrency exchange.
Business 3 April 2018
After severe slump, cryptocurrency market commences recovery
Bitcoin Cash posted a strong recovery rising by as much as 8% for a price of around $690 and it appeared to be well on its way to exceed the $700 mark if the rally persists.
Business 2 April 2018
MailChimp bans cryptocurrency, ICO promos on its network
Only emails that promote ICOs or other cryptocurrency trading schemes are banned on the MailChimp network—talking about cryptocurrencies is still allowed.
Business 2 April 2018
Cryptocurrency slump continues as BTC reaches new low
All cryptocurrencies suffered considerable losses over the past few days, with several of the top 10 coins by market cap declining 20% or more.
Business 28 March 2018
Cryptocurrency groups fight back against advertising bans
A number of cryptocurrency associations from South Korea, Russia and China have decided to file a class action lawsuit against internet advertising companies and social platforms that have decided to ban cryptocurrency and ICO advertisements.
Business 28 March 2018
Europol takes down Ukranian gang suspected of using crypto to launder $1.2B
Authorities in Spain have arrested the leader of a cybercrime group behind the Carbanak and Cobalt malware attacks, which targeted over 100 financial institutions around the world.
Business 26 March 2018
Steven Seagal in hot water with US regulators over Bitcoiin
It has the makings of a Steven Seagal action film, but his much publicized and vaunted cryptocurrency called Bitcoiin—yes, with two i's—doesn’t appear to be going anywhere soon.
Business 26 March 2018
Cryptocurrency market back on decline as bears hit back
The cryptocurrency market experienced a slow decline over the weekend with every currency again in the red and some also dropping to lows not seen since early February.
Business 26 March 2018
Freedom for crypto? China opens payments market to foreigners
The People’s Bank of China has decided to open the Chinese market to foreign investors, a development that could also boost the domestic cryptocurrency market.
Business 23 March 2018
Cryptocurrency exchange Binance sets its sights on Malta
The exchange will soon start a “fiat-to-crypto exchange” on the European island nation and is close to securing a deal with local banks that can provide access to deposits and withdrawals.
Business 23 March 2018
BTC price drops 8% as cryptocurency market recovery stalls
After a relatively fine three days of recovery in the cryptocurrency markets when most coins went up by around 20% from their 2018 lows, the markets were once again back in deep red.
Business 22 March 2018
US to start adding cryptocurrency addresses to SDN List
The U.S. Treasury announced that the Office of Foreign Assets Control (OFAC) will begin adding cryptocurrency addresses to the Specially Designated Nationals (SDN) List.
Business 22 March 2018
Twitter CEO expects Bitcoin to be world’s ‘single currency’ in 10 years
With cryptocurencies like Bitcoin a consistent hot topic on everyone’s lips it appears that Twitter CEO Jack Dorsey is confident that it could become the world’s major currency over a ten-year period.
Business 21 March 2018
Bitcoin Cash up 20% as cryptocurrency market makes steady recovery
Bitcoin Cash recorded impressive gains throughout the past 24 hours and is trading at around $1,070 with a push towards the $1,100 level not unexpected.
Business 20 March 2018
US bans Venezuela’s petro token, imposes further sanctions
Things appear to have only gotten worse for Venezuela after U.S. President Donald Trump signed an executive order on Monday, banning all forms of cryptocurrency issued by the country.
Business 20 March 2018
Cryptocurrency market commences recovery; BTC back at $8,500 level
Bitcoin Cash, which is now rapidly gaining traction, is expected to reach the psychologically significant $1,000 level on Tuesday if the bull run continues.
Business 19 March 2018
Financial Stability Board turns down calls for further cryptocurrency regulation
At this point there was no need for further cryptocurrency regulation since the total turnover of these currencies have very little, if any, effect on the current financial markets as they are, according to FSB President Mark Carney.
Business 19 March 2018
Cryptocurrencies end turbulent week with slight recovery
It was yet another turbulent and largely negative weekend for the vast majority of cryptocurrencies as further selling pressures affected prices all over the board.
Business 16 March 2018
UK crypto exchange Coinfloor to launch Bitcoin futures in April
UK-based cryptocurrency exchange Coinfloor said that it will be launching the world’s first “physically delivered” BTC futures contract from April 18.
Business 16 March 2018
French financial authorities crack down on crypto trading sites
The Authorite de Marches Financieres (AMF) in France has come up with a list of websites that offer cryptocurrency services and is advising customers not to engage or trade in these platforms.
Business 15 March 2018
Congressional hearing on cryptocurrency raises more questions than answers
There were differing opinions by congressmen on the usability and security of cryptocurrencies. California Rep. Brad Sherman was very direct and dissing about the industry, which he described as “popular with guys who like to sit in their pajamas.”
Business 15 March 2018
No end in sight: Crypto market continues downward spiral
Some cryptocurrencies are now at their annual lows—similar to the crash experienced in February—with no end in sight to the downturn as bad news continue to affect investor sentiment.
Business 14 March 2018
Google joins Facebook in banning cryptocurrency ads
This restriction also applies to platforms like YouTube as well as other third party advertising sites which the internet giant sells considerable advertising space.
Business 14 March 2018
Stuck in a rut: Cryptocurrencies hover around $350M market cap mark
Bitcoin Cash is holding above the $1,000 mark having dropped below that psychologically significant level several times although there does appear to be some support at that level
Business 13 March 2018
Coinbase introduces tax tool for cryptocurrency earnings
Coinbase has also provided a step-by-step guide to calculate cryptocurrency-related taxes with the tool, simplifying the often cumbersome and laborious procedure.
Business 13 March 2018
Cryptocurrency market takes another hit, goes into reverse
After a promising start to the week, Monday afternoon saw another crash in cryptocurrency values once again and everything slumped by around 5-8%.
Business 12 March 2018
Large chunk of trading volumes on crypto exchanges are fake, study claims
Sylvain Ribes has alleged that no less than 93% of trade volumes on cryptocurrency exchange OKCoin (now known as Okex) are false and fabricated.
Business 12 March 2018
Poised for rebound? Cryptocurrencies show slight increase
Bitcoin Cash recovered well from its slump, pushing above the $1,100 mark at one point before retracing slightly.
Business 9 March 2018
China blocks foreign crypto exchanges’ social media accounts
The cryptocurrency sector in China continues to come under severe pressure as the strength of government regulation bears hard on investors.
Business 9 March 2018
Steve Bannon lauds cryptocurrencies as a populist force
Never one to take things lightly, the former aide to President Trump is propelling himself to the fore where cryptocurrencies are concerned.
Business 8 March 2018
Japan’s financial watchdog suspends 2 cryptocurrency exchanges
The FSA had taken action against seven cryptocurrency exchanges—two of which were ordered to suspend business altogether.
Business 8 March 2018
BTC drops below $10,000 again as cryptocurrency markets continue slide
The cryptocurrency market endured a torrid Wednesday, when all major coins had steep corrections with some dropping as much as 20%.
Business 7 March 2018
Russia prepares to legalize cryptocurrency by July
There are two draft laws that focus on blockchain technology which have been developed and form the basis of the cryptocurrency legislation.
Business 7 March 2018
Cryptocurrency markets on the slide, major correction in the offing
After a relatively positive three days, Tuesday proved to be another disaster for cryptocurrency with prices sliding by well over 10% in some cases.
Business 6 March 2018
Reversal in cryptocurrency markets as Coinbase rumours sink Ripple
The cryptocurrency market recovery was short lived, and the gains made in the days before were wiped out in a matter of hours.
Business 6 March 2018
LinkedIn’s Emilie Choi joins Coinbase
Emilie Choi began working at Coinbase on Monday as the new vice president of corporate and business development.
Business 5 March 2018
$1T Wellington Management looks into cryptocurrency investments
The Boston-based money manager seems to be the next investor who is getting serious about entering the digital coins market, although it’s still early days.
Business 5 March 2018
Cryptocurrency market on the road to recovery
After several days of sideways trading and small declines, the cryptocurrency market showed considerable advances against the dollar.
Business 1 March 2018
Cryptocurrency kills people in ‘fairly direct way,’ Bill Gates says
At a Reddit AMA, the Microsoft founder says cryptocurrency is really bad since it helps people avoid financial transaction traceability.
Business 28 February 2018
Crypto market scam LeadInvest goes blind in Texas
It appears that the fraudsters and scammers who are taking advantage of the cryptocurrency market are on the increase of late.
Business 28 February 2018
Cryptocurrency market trades sideways, BTC maintains $10,500 level
The market continued trading sideways, with most of the currencies registering minimal decreases and any gains made were swiftly eroded throughout the day.
Business 27 February 2018
The USI Tech conundrum—is it a pyramid scam or not?
One of the schemes that has had quite a bad press is the one run by Dubai-based USI Tech, which has already abandoned operations in the U.S. and Canada.
Business 27 February 2018
Recovery in cryptocurrencies: BTC value back over $10,000
Cryptocurrencies staged a remarkable recovery, with many of coins making considerable advances although some were still posting quite modest increases.
Business 26 February 2018
ICO review: Are token crowdsales a scam?
It has always been assumed that a large number of ICOs will fail, be it at the fundraising stage or when it comes to delivering the actual project.
Business 26 February 2018
BTC back below $9,500 as cryptocurrency market continues slow decline
The cryptocurrency market endured another relatively negative weekend with a slow decline across all major coins with some notable exceptions.
Business 23 February 2018
The next big headache for investors? Taxes on your cryptocurrency
Many investors holding cryptocurrencies have seen massive gains, some becoming overnight millionaires. But now comes the less fun part: paying taxes.
Business 23 February 2018
Cryptocurrency market endures another correction
The expiry of BTC futures may have triggered a sell-off thus pushing BTC price down and also affecting other major cryptocurrencies.
Business 22 February 2018
Appetite for ICOs shows no signs of waning
Well over $1.5 billion have been raised in ICOs for January 2018 making this an all-time record after a steady increase in 2017, data showed.
Business 22 February 2018
Crypto market endures another heavy correction
Wednesday was another dismal day for investors as all major currencies slumped, erasing most of the gains made during the past week.
Business 21 February 2018
Venezuela’s petro raises over $750M in first hours of pre-sale
A total of 82.4 million petro tokens are offered for the pre-sale phase, according to the cryptocurrency's white paper.
Business 21 February 2018
Crypto markets suffer correction; ETC, LTC among biggest losers
The markets had a slightly torrid day on Tuesday which got worse in the evening as almost every major cryptocurrency dropped in value by around 8%.
Business 20 February 2018
Spain mulling ideas for blockchain, crypto companies’ tax breaks
It's now Spain's turn to consider providing tax breaks for blockchain companies and by extension, cryptocurrency exchanges.
Business 20 February 2018
Cryptocurrency market quite tepid, but still growing
The market continued on its slow road to recovery early Tuesday with prices climbing steadily although some currencies remained slightly stagnant.
Tech 19 February 2018
Malta looking to be the first to regulate blockchain tech
Blockchain forms part of the wider Distributed Ledger Technology and has so far not been regulated by any institution around the world.
Business 19 February 2018
Slow recovery in crypto markets continues
As was to be expected, the weekend brought mixed results for the cryptocurrency markets with many trading sideways.
Business 16 February 2018
Roaring ahead: Bitcoin Cash up by almost 12%, inches closer to $1,500
Analysts are observing that the $2,000 mark is not so far away for Bitcoin Cash.
Business 15 February 2018
Bitcoin Cash recording steady gains—rising consistently and flirting with $1,400 mark
Bitcoin Cash rose by about 11% and was flirting with the $1,400 level—almost a 100% climb from its low of $800 reached only a few days ago.
Business 15 February 2018
Japan’s crypto investors wary of the taxman
Japan’s cryptocurrency traders are bracing for the oncoming Japanese tax season, which runs from February 16 until March 15.
Business 15 February 2018
Cryptocurrencies continue to recover as Bitcoin Cash builds on 25% growth
Bitcoin Cash is be stabilizing at the $1,300 mark before what appears to be a big push upwards as more volume comes into the market.
