Business 4 weeks ago

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. BTC settled at around $5,600, a new yearly low with ...

Business 4 weeks ago

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. BTC plummeted by over 10% to the $5,700 level—a new low for 2018 ...

Business 1 month ago

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 ...

Business 1 month ago

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. However, coins such as Stellar, Cardano and ZCash were in positive territory, undoubtedly due ...

Business 1 month ago

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. BTC dropped below the $6,500 mark ...

Business 1 month ago

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. On Tuesday, a ...

Business 1 month ago

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 on Wednesday. ...

Business 1 month ago

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 ...

Business 1 month ago

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. Bitcoin BCH remained around the $560 level after having gained an astonishing 20% ...

Business 1 month ago

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 ...

Business 1 month ago

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 ...

Business 3 months ago

Crypto market daily report – September 14, 2018

Thursday saw a strong recovery in the crypto markets as almost all currencies showed strong gains with BTC easily topping the $6,500 level and even flirted with the $6,600 mark on Friday at press time. ...

Business 3 months ago

US states want Indian police to seize assets of BitConnect promoters

The vultures have started circling around the promoters of BitConnect scheme as 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 ...

Business 3 months ago

Crypto market daily report – September 13, 2018

The cryptocurrency markets has been showing some signs of recovery with most of the Top Ten cryptocurrencies demonstrating slight gains over the past 24 hours. BTC was up by around 2% to the $6,400 level ...

Business 3 months ago

ICO regulation plan gets green light in United Arab Emirates

Arab countries have started looking for new options to make cryptocurrency and blockchain usage part and parcel of their financial ecosystem. In fact, the UAE’s Securities and Commodities Authority (SCA) has approved a plan to ...

Business 3 months ago

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. BTC was the most stable ...

Business 3 months ago

Binance enters security token fray with new Maltese exchange

After a slight hiatus, the blockchain and cryptocurrency sector is back on track in Malta with yet another interesting announcement. On Tuesday, cryptocurrency exchange Binance announced that it has entered into a partnership with the ...

Business 3 months ago

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. Last Friday, ...

Business 3 months ago

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. BTC reached the $6350 mark on low turnover, but further selling pressure could mean ...

Business 3 months ago

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. According to a Business ...

Business 3 months ago

Lawmaker seeks crucial set of regulations to open EU to ICOs

Initial coin offerings (ICOs) and cryptocurrencies remain on the agenda—at the moment—with the European Parliament actively discussing this issue. Last week, a European lawmaker argued in favour of crafting a crucial set of regulations to ...

Business 3 months ago

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. BTC dropped to just ...

Business 3 months ago

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. BTC remained mired at the $6,500 level, a full 12% off its weekly high of ...

Business 3 months ago

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), Reuters reported. ...

Business 3 months ago

Have crypto to spare? Malta’s Valletta Palazzo is up for sale

“Blockchain Island” Malta continues to steal the headlines for innovative projects in the fintech space, with the most recent offering being a huge palazzo in the heart of Valletta now up for grabs with a ...

Business 3 months ago

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 ...

Business 3 months ago

Beware of fraud: Belgium raises red flag on 78 ‘unlawful’ crypto platforms

In a renewed crackdown on crypto and blockchain fraud, the Belgian government has published a list of cryptocurrency platforms that it said exhibited signs of fraud. The list, posted by Belgium's Financial Services and Markets ...

Business 3 months ago

British baroness caught with pants down as ICO flops

Yet another ICO scam has hit the airwaves of late, and this time it involves an English lingerie baroness who goes by the outlandish title of Lady Mone of Mayfair or Baroness Michelle Mone. Her ...

Business 3 months ago

Crypto market daily report – September 5, 2018

The cryptocurrency markets continued their slow increase on Wednesday morning, with BTC approaching the $7,400 mark on the back of continual rumours that a bull run is imminent. At press time, BTC was trading at ...

Business 3 months ago

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 initial coin offering (ICO) involving a phantom shipwreck with a supposed tranche of billions of dollars' ...

Business 3 months ago

BTC Gold delisted over lack of 51% attack compensation

The end of the line looms close for BTC Gold (BTG), after one of the largest cryptocurrency exchanges has decided to delist the alt coin over its failure to pay the platform allowing it to ...

Business 3 months ago

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. Palladium was launched with much fanfare in July with Maltese Prime Minister Joseph Muscat also making a ...

Business 3 months ago

Crypto market daily report – September 4, 2018

The cryptocurrency markets remained relatively static on Tuesday morning at press time as most of the top coins remained where they were as far as price was concerned. BTC seemed to stabilize at the $7,250-$7,300 ...

Business 3 months ago

Rakuten joins Japan’s crypto fray with $2.3M exchange buy

In a surprise announcement, ecommerce giant Rakuten said that it had decided to acquire a cryptocurrency exchange in Japan to continue diversifying its interests and thus also entering the crypto space. The exchange is called ...

Business 3 months ago

Police crack down on crypto ATMs across Russia

Cryptocurrency and blockchain technology have been making steady advancements into the mainstream market in many countries around the world, but apparently, this was not the case in Russia. According to local media reports, Russian police ...

Business 3 months ago

Crypto market daily report – September 3, 2018

The cryptocurrency markets continued their impressive recovery on Monday with most coins showing positive increases after a positive weekend following many months of bearish activity. BTC held above the $7200 level after having even superseded ...

Business 4 months ago

Crypto market daily report – August 31, 2018

The cryptocurrency markets continued their slight recovery on Friday morning with BTC back over the $7,000 mark at press time. News that the price of the cryptocurrency could top the $65,000 mark over the next ...

Tech 4 months ago

Crypto and blockchain experts, Hong Kong wants you

It is not only Malta that is actively promoting itself as the "Blockchain Island," with Hong Kong now also joining the fray to attract top digital talent to the island. The government of this special ...

Business 4 months ago

Russia goes after crypto wallets of criminal suspects

It's about to be harder of criminal suspects in Russia to keep hold of their cryptocurrency holdings. According to reports, Rosfinmonitoring, a government agency responsible for monitoring and preventing financial crimes in Russia, is planning ...

Business 4 months ago

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, although others fell by larger margins—losing most of the gains made earlier in the ...

Business 4 months ago

Venezuela’s Nicolas Maduro insists banks must accept Petro coin

The situation continues to be a dire one on the economic front for Venezuela as the Latin American country sinks into recession and complete insolvency. The latest development is embattled Venezuelan President Nicolas Maduro ordering ...

Business 4 months ago

Colorado puts a stop to 3 unregistered ICOs in the state

The cryptocurrency space in the U.S. state of Colorado continued to muddle up, this time with another development in the field of allegedly fraudulent initial coin offerings (ICOs). On Wednesday, Colorado Securities Commissioner Gerald Rome ...

Business 4 months ago

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. BTC remained above the $7,000 level, with a price ...

Business 4 months ago

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. This was reported by the China Times, which indicated that the online search giant has ...

Tech 4 months ago

Despite little knowledge, North Korea testing crypto mining waters: report

The secretive and highly totalitarian country of North Korea is going for its slice of the cryptocurrency mining pie. A report by South Korea's state-run Korea Development Bank (KDB) suggested that North Korea has been ...

Business 4 months ago

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. BTC rose by 3% to breach the $6,900 mark, where it seemed to have settled ...

Business 4 months ago

North Korea prepares to hold crypto conference in October

Pyongyang is reportedly gearing up to host a blockchain conference, where it will show off North Korea's "cutting-edge crypto and blockchain technologies." Called "Korean International Blockchain Conference," the inaugural blockchain conference is hosted by the ...

Business 4 months ago

Mt. Gox creditors may finally get (some) of their money back

As the Mt. Gox saga fades into distant memory to some members of the cryptocurrency community, it appears that some of the defunct crypto exchange's creditors may be getting some of their money back after ...

Business 4 months ago

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. BTC settled at the $6,700 mark with very ...

Business 4 months ago

Wirex secures e-money license in the UK

Wirex Ltd., a provider of cryptocurrency debit cards in Europe, has finally been granted an e-money license by the Financial Conduct Authority (FCA). The financial watchdog regulates no less than 56,000 companies and over 125,000 ...

Business 4 months ago

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. This development carries some clout ...

Business 4 months ago

Crypto market daily report – August 24, 2018

The cryptocurrency market remained stable on Thursday evening and Friday morning with BTC settling above the $6500 mark on increased turnover. The market appeared to have shrugged off the jitters regarding the ETF refusal decisions ...

Business 4 months ago

Japan’s FSA vows support for crypto industry—if properly regulated

Japan is one of the countries where cryptocurrency and blockchain have a head start in terms of adoption, although the growth has stalled of late. As usual in the industry, this year has been a ...

Tech 4 months ago

Russia ‘largest’ crypto mining farm equipped with 3,000 machines: report

Russia continues to stake its claim as being one of the most advanced countries with regards to crypto and blockchain with the opening of what it says is the country's largest crypto mining farm in ...

Business 4 months ago

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. BTC careened down by well ...

Tech 4 months ago

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. On ...

Business 4 months ago

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. According to reports, lawmakers ...

Business 4 months ago

Crypto market daily report – August 22, 2018

The cryptocurrency market continued to show some signs of life on Wednesday morning with BTC increasing by around 5% to top the $6,700 mark. This is undoubtedly a reaction to the announcement that an ETF ...

Tech 4 months ago

Contrary to popular FUD, crypto mining is not a threat to environment

Although there are often stories in the news about how detrimental mining for cryptocurrencies like Bitcoin is to the environment, it appears that this may not really be the case. A report by Dr. Katrina ...

Business 4 months ago

Crypto exchanges join Winklevoss brothers in self-regulatory group

With regulation constantly on the lips of anyone who has something to do with cryptocurrency, a group of crypto exchanges have decided to band together to form a self-regulating organization called the Virtual Commodity Association ...

Business 4 months ago

Crypto market daily report – August 21, 2018​

The cryptocurrency market appeared to be in a state of flux with most coins experiencing sharp downturns. BTC remained in the $6,350-$6,450 level, playing around these price levels at one point even dropping below the ...

Business 4 months ago

11 South Korea crypto exchanges complete ‘short term’ security measures: gov’t

In June, the government of South Korea began inspecting the 21 cryptocurrency exchanges operating in the country. The review, which went on until July, was conducted by the Korea Internet and Security Agency (KISA) in ...

Business 4 months ago

21-year-old ‘prolific Bitcoin dealer’ indicted on money laundering charges

The number of persons who are getting caught up in all sorts of cryptocurrency-related scams and frauds continues to increase almost by the day. The latest arrest happened in the United States, where an alleged ...

Business 4 months ago

Chief of BitConnect’s Asia operations arrested at Delhi airport

The BitConnect saga continues, this time with reports that the alleged Asia chief of cryptocurrency sector’s most elusive and sensational scam has been arrested at the Delhi airport in India. Divyesh Darji, reportedly the head ...

Business 4 months ago

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. BTC’s price varied from the $6,300 to the $6,500 mark, continuing to build on this ...

Business 4 months ago

Binance brings crypto-to-fiat exchange service to Liechtenstein market

Binance, which claims to be the world’s largest cryptocurrency exchange by daily trading volume, has advanced further into the space with an announcement that it is setting up a crypto-to-fiat exchange in the tiny but ...

Business 4 months ago

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. In the patent filing published last Aug. 14, Coinbase explained its plans for ...

Business 4 months ago

Crypto market daily report – August 17, 2018

The cryptocurrency market retained a certain element of stability on Friday morning as most of the Top 10 currencies registered minor increases with some even outperforming others by considerable margins. BTC was up by around ...

Business 4 months ago

Stakeholders not happy with Malta’s Virtual Financial Assets Rulebook

The regulatory momentum in Malta is in full swing, as the self-described “Blockchain Island” looks to lead the cryptocurrency and blockchain space. The Malta Financial Services Authority (MFSA) has now published a Virtual Financial Assets ...

Business 4 months ago

Crypto market daily report – August 16, 2018

The cryptocurrency market continued its positive momentum on Wednesday evening and Thursday morning as most of the coins held on to the double-digit gains achieved over the past 24 hours. The star performer undoubtedly was ...

Business 4 months ago

US securities regulator shuts down yet another fraudulent ICO

It seems that not a week—or even a day for that matter—can pass without the news that some fraudulent initial coin offering (ICO) has hit the market in one way or another. The latest report ...

Business 4 months ago

Netherlands Antilles exploring digital currency option

It looks like small island states are all the rage for new payment options such as cryptocurrencies, with the latest island nation looking into this option being the Netherlands Antilles. The Centrale Bank van Cuaracao ...

Business 4 months ago

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.’ ZB.com will set up its operations in Europe with the launch ...

Business 4 months ago

Crypto market daily report – August 15, 2018

The cryptocurrency market registered a muted recovery on Wednesday morning at press time as most major currencies posted slight gains after the steep losses registered over the past days, which saw several coins drop to ...

Business 4 months ago

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 ...

Business 4 months ago

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. The lawsuit also named Ripple’s CEO, Brad Garlinghouse, as a defendant, but everything ...

Business 4 months ago

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. These are prices that have not been ...

Tech 4 months ago

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. Marcus had been on the board of Coinbase since December 2017, and, with the company now ...

Business 4 months ago

BitConnect vanishing soon from the face of crypto world

What was deemed as one of the biggest scams in the history of cryptocurrency will shortly be no more. The much maligned BitConnect (BCC)coin, which had soared to an all-time high of well over $400 ...

Business 4 months ago

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. This is due to the island’s current regulatory framework, ...

Business 4 months ago

Crypto market daily report – August 13, 2018

The cryptocurrency market demonstrated a muted recovery over the weekend after having fallen to the lowest levels since September 2017 in some cases. BTC flirted with the $6,000 level on Saturday before rising to $6,400 ...

Business 4 months ago

Bill seeks to tax Ukraine residents 5% on crypto profits

Although the cryptocurrency market is in a disastrous state at the moment with most currencies at historic lows, the Ukranian government still sees it fit to impose a 5% tax on all cryptocurrency profits from ...

Business 4 months ago

Crypto market daily report – August 10, 2018

The cryptocurrency markets continued to retain a tepid stance over the past 24 hours with most currencies registering slight increases, although some continued to decline marginally. BTC was up by around 3% over a 24-hour ...

Business 4 months ago

US judge lets Tim Draper off in Tezos lawsuit—for now

Tim Draper, the venture capitalist who regularly makes outlandish predictions regarding BTC price’s recovery to the $20,000 levels (they are almost always spectacularly off the mark), has been let off the hook with regards to ...

Business 4 months ago

Singapore’s AlphaBit exchange setting up office in Malta

Blockchain island Malta continues to be the destination of choice for cryptocurrency and blockchain companies with another recent announcement grabbing the media’ attention. AlphaBit CryptoCurrency (ABCC) Exchange, currently based in Singapore, recently announced that it ...

Business 4 months ago

Crypto market daily report – August 9, 2018

The cryptocurrency market appeared to be stabilizing on Thursday after a vicious selloff that saw the vast majority of the top coins sink with double-digit losses. BTC continued descending, even touching the $6,100 level before ...

Business 4 months ago

Coinbase raises daily buy and sell limits to $25,000

Although the cryptocurrency market has taken a consistent hammering of late, it appears that the largest U.S.-based crypto exchange is not fazed by these recent developments. In a Tuesday announcement that was initially published on ...

Business 4 months ago

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. This is ...

Business 4 months ago

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 Insider recently reported that two of Barclays employees, Chris Tyrer and Matthieu Jobbe Duval, had listed ...

Business 4 months ago

SEC overstepped bounds in rejecting crypto ETF, official says

The U.S. Securities and Exchange Commission (SEC) has overstepped its bounds when it rejected a proposed rule change for a BTC exchange traded fund (ETF), according to SEC Commissioner Hester Peirce. In an interview with ...

Business 4 months ago

Crypto market daily report – August 8, 2018

The cryptocurrency markets crashed badly with all major and minor coins suffering double digit drops on Wednesday as the U.S. Securities and Exchange Commission (SEC) once again delayed its decision on a Bitcoin ETF to ...

Business 4 months ago

Crypto market daily report – August 7, 2018

The cryptocurrency market continued its slump on Tuesday with the exception of Ethereum Classic, which continued to rise inexorably post its announcement that it would be traded on Coinbase. In fact, the Ether spinoff was ...

Business 4 months ago

No, Starbucks is not accepting Bitcoin for coffee purchases

In response to recent misleading reports from mainstream media, coffee retailer Starbucks clarified that it would not be accepting cryptocurrencies as payment for coffee and croissants purchases. At least, not yet. Last week, the International ...

Tech 4 months ago

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 ...

Business 4 months ago

Crypto market daily report – August 6, 2018

The cryptocurrency market posted a slight recovery on Monday with most of the major coins demonstrating slight increases. BTC was once again over the $7,000 mark having reached the $7,100 level at one point, but ...

Business 4 months ago

German stock exchange gears up for crypto, ICO tokens trading

Boerse 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. Boerse Stuttgart is ...

Business 4 months ago

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. On Thursday, lawyers representing some Mt. Gox creditors published an ...

Business 4 months ago

Neufund, BitBay set up Malta’s first crypto-to-fiat exchange

“Blockchain island” Malta remains at the centre of the crypto space with yet another announcement that promises to provide a solution allowing cryptocurrency exchanges to provide fiat withdrawal solutions. This time, Berlin-based Neufund and Polish ...

Business 4 months ago

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 ...

Business 4 months ago

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. According to the ...

Business 4 months ago

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. BTC continued its slide down to the psychologically significant $7,000 level when ...

Business 4 months ago

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, the Korea JoongAng Daily reported. According to investigators, Shinil claimed to have found a Russian armored ...

Business 4 months ago

Crypto market daily report – August 2, 2018

The cryptocurrency market was in slightly static mode on Thursday morning with not much movement in the Top 10, although there were some positive movements overall. BTC appeared to have recovered from its slump where ...

Business 5 months ago

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. This week, the Malta Financial ...

Business 5 months ago

Crypto market daily report – August 1, 2018

After a mixed start to the week, the cryptocurrency market took a substantial nosedive on Wednesday morning. BTC suffered a considerable 8% drop and was trading at around $7,480 at press time. This was indicative ...

Business 5 months ago

South Korea may soon strip tax perks from crypto exchanges

Cryptocurrency exchanges in South Korea are poised to lose the tax benefits granted to smaller companies, if the government has its way. On Monday, the South Korean government proposed a revision to the country's existing ...

Business 5 months ago

Thai movie theater chain starts accepting Bitcoin BCH payments

Major Cineplex, considered to be the largest movie theater chain in Thailand, is now allowing its patrons to pay for their movie tickets and popcorn with cryptocurrencies like Bitcoin Cash (BCH). The cryptocurrency payments in ...

Business 5 months ago

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 ...

Tech 5 months ago

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. The ...

Business 5 months ago

Gambling coin Withcoin hit with $12M class action suit

Withcoin, a cryptocurrency designed for casinos, has been accused of propagating lies. The virtual currency, which has been listed on the HitBTC exchange since May, used a promotional video that allegedly showed misleading information, according ...

Business 5 months ago

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. According to a press ...

Business 5 months ago

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. Reports in ...

Business 5 months ago

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.  Technology will be used to “empower vulnerable communities and enchance transparency in charitable work”. ...

Business 5 months ago

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, in particular Stellar Lumens which was up by at least 15% over the ...

Business 5 months ago

Japanese crypto exchanges propose self-regulatory organization – limits margin trading

The cryptocurrency exchanges in Japan have formed a self-regulatory organization and this is now proposing to set a limit on how much investors can actually borrow when they are margin trading. It was suggested by ...

Business 5 months ago

No insider trading: Coinbase wraps up Bitcoin Cash probe

Coinbase, considered as the largest cryptocurrency exchange in the United States, has reportedly concluded an inquiry into the alleged improper Bitcoin Cash (BCH) trading, according to Fortune. The inquiry was launched last December after it ...

Business 5 months ago

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 (SCI), ...

Business 5 months ago

Crypto market daily report – July 25, 2018

The cryptocurrency market continued to show positive movements on Tuesday evening and Wednesday morning with most of the coins maintaining their recent increases and others building upon their upward movement. BTC was up by around ...

Business 5 months ago

6 crypto exchanges comply with Japan regulator’s business improvement order

Japan is home to 16 government-approved cryptocurrency exchanges, six of which have recently submitted their business improvement plans to the country’s top financial regulator, the Financial Services Agency (FSA). Last June 22, the FSA issued ...

Business 5 months ago

US securities regulator delays decision on 5 ETFs

The ETF situation with BTC has become a little more confused on Tuesday afternoon after it was revealed that the U.S. Securities and Exchange Commission has delayed its decision on whether to approve five BTC-related ...

Business 5 months ago

Crypto market daily report – July 24, 2018

The cryptocurrency market continued its recent trend of the past few days with most of the Top 10 cryptocurrencies experiencing slow declines whilst BTC continued rising. In fact, as at around 9 a.m. CEST, price ...

Business 5 months ago

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. On July 4, the Maltese Parliament unanimously passed ...

Business 5 months ago

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, Reuters reported. Recently, two Swiss banks reportedly shut their ...

Business 5 months ago

Crypto market daily report – July 23, 2018

The cryptocurrency markets continued its revival over the weekend and on Monday morning, although there was a different path as far as SegWit BTC and other virtual currencies were concerned. BTC was up by around ...

Business 5 months ago

Japanese minister in hot water over alleged crypto exchange link

The weather is heating up for Japan's government in the cryptocurrency sphere, following reports that one of its foremost ministers has been caught in a seemingly uncomfortable situation. Seiko Noda, the minister for Internal Affairs ...

Business 5 months ago

OKEx, Malta Stock Exchange team up for crypto security trading

OKEx, considered to be the largest cryptocurrency exchange by trading volume, has partnered with the Malta Stock Exchange (MSE) to create a trading platform for security tokens. This is the second development in a day, ...

Business 5 months ago

Crypto market daily report – July 20, 2018

The cryptocurrency market was stable on Thursday evening before experiencing a dip when the Asian markets opened, although not all currencies were down by similar margins. BTC held relatively steadily and continued to trade between ...

Business 5 months ago

Russia tightens regulation for cryptocurrency miners, investors

The cryptocurrency sector is about to get regulated in Russia, according to Russian news outlet Izvestiya. In fact, it appears that crypto miners and investors will soon be regulated under the Internal Revenue Code, which ...

Tech 5 months ago

Ransomware on the decline as cryptojacking gains popularity: report

The crypto space continues to be haven for cyber criminals who are finding it a fertile area to conduct their nefarious activities. In fact, according to a report by Skybox Security, illicit cryptocurrency mining, or ...

Business 5 months ago

Change.org screensaver mines cryptocurrency for charity

Efforts to converge cryptocurrency mining with charity work continued, this time with a concept introduced by social petition platform Change.org. The website has teamed up with marketing agency Traceylocke Brazil for a screensaver that mines ...

Business 5 months ago

Crypto market daily report – July 18, 2018

The cryptocurrency market was in recovery mode as of Wednesday morning, with all the major coins posting considerable increases mostly in the double digits. Bitcoin Cash shot up by around 10% to reach the $870 ...

Tech 5 months ago

Kodak-branded crypto mining scheme collapses

There has been yet another casualty in the cryptocurrency space where cryptocurrency mining is concerned, BBC reported. In January, a crypto mining computer that called itself Kodak Kashminer turned up on display on Kodak’s official ...

Business 5 months ago

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. SegWit BTC was up by around 5% on ...

Business 5 months ago

South Korea’s Bithumb exchange eyes Japan, Thailand expansion

Bithumb, a cryptocurrency exchange based in South Korea, is reportedly looking to expand into the Japanese and Thai markets. According to reports, the crypto exchange is already working to obtain regulatory approvals from Thailand's Securities ...

Business 5 months ago

Crypto market daily report – July 16, 2018

The cryptocurrency markets demonstrated considerable staying power over the weekend and maintained those gains on Monday as most of the Top 10 cryptocurrencies showed good increases after last week’s slump. Bitcoin Cash recovered very well ...

Business 5 months ago

Over 80% ICO projects in 2017 are ‘identified scams,’ Statis study finds

The cryptocurrency space has grown astoundingly since its early beginnings in 2013, according to a report by advisory firm Statis Group, which analysed the situation in the field over the last five years. However, the ...

Business 5 months ago

Binance to invest in Malta’s decentralized Founders Bank

Malta continues to steal the headlines where the crypto space is concerned, this time with the development of the first decentralized bank on the self-described “blockchain island.” The collaboration between Binance and Neufund will see ...

Business 5 months ago

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%. SegWit BTC was up by around 2% from a low of $6,100 ...

Business 5 months ago

Donald Trump targets cyber frauds with newly-created crypto task force

Not content with going around the world berating world leaders and causing havoc at home with his controversial decisions on immigration, U.S. President Donald Trump has now turned his attention to the cryptocurrency sector, exploring ...

Business 5 months ago

Crypto market daily report – July 12, 2018

The cryptocurrency markets could be in for another slide on Thursday as most of the major currencies continued registering declines. SegWit BTC hovered around the $6,300-$6,350 mark on Wednesday but then took a tumble on ...

Business 5 months ago

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 what it referred to as the first initial convertible coin offering (ICCO) by a local blockchain company called Palladium. ...

Business 5 months ago

Europe’s first crypto unicorn? Ledger sells 1M crypto wallets in 2017

The number of physical cryptocurrency wallets that Ledger sold in 2017 has exceeded the 1 million mark, the Paris-based crypto wallet company told Forbes. This means that the company posted a profit of around $25 ...

Business 5 months ago

Crypto exchange Huobi expands on US soil with HBUS

Chinese cryptocurrency exchange Huobi is experiencing something of a renaissance of late and it now intends to spread its wings in the United States. HBUS, a virtual currency marketplace and the U.S. strategic partner of ...

Business 5 months ago

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%. SegWit BTC led the way with a considerable ...

Business 5 months ago

Cryptos poised to be mainstream payment in 10 years, study finds

An interesting study, published as a joint effort by Imperial College and exchange trading platform eToro, has pointed out that cryptocurrencies such as Bitcoin Cash (BCH) could become mainstream within the next decade as well ...

Business 5 months ago

Crypto market daily report – July 10, 2018

The cryptocurrency markets experienced a rapid downturn on Monday evening and Tuesday morning, where practically all the gains made over the past few days were erased in a matter of hours. Although SegWit BTC dropped ...

Business 5 months ago

‘Negligent’ YouTube named defendant in Bitconnect lawsuit

Video streaming site YouTube has found itself entangled in the Bitconnect scam fray, after a class-action lawsuit filed by aggrieved investors cited the platform for allegedly allowing users to be exposed to the scam's promotional ...

Business 5 months ago

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. After having reached the $6,800 level on Sunday, SegWit BTC retreated to ...

Business 5 months ago

Thai SEC publishes new regulations covering cryptocurrency

Thailand’s financial markets regulator Securities and Exchange Commission (SEC) has finally announced its regulatory framework for initial coin offerings (ICOs). This means that cryptocurrency investors in Thailand will have some clarity over what is allowed ...

Business 5 months ago

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. BTC fell to ...

Business 5 months ago

3 crypto, blockchain bills sail through Maltese Parliament

Malta continues to stake its claim to being the "blockchain island" in the crypto space. On Wednesday, the Maltese Parliament unanimously passed three blockchain and cryptocurrency-related bills into law via a third reading. These bills ...

Business 5 months ago

Crypto market daily report – July 5, 2018

The cryptocurrency markets continued to perform positively over the past 24 hours with almost all the major currencies maintaining the gains of the past day. SegWit BTC coin was trading between $6,650 and $6,700 at ...

Business 5 months ago

Xiaomi disavows ICO linked to its name

Chinese smartphone maker Xiaomi has indicated that it has absolutely no connection nor has it authorised an initial coin offering (ICO) scheme selling a token apparently pegged to the phone maker’s stock price. This is ...

Business 5 months ago

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. SegWit BTC coin was trading at around $6,550 at press time, a 2% decrease ...

Business 5 months ago

2 accused of illegal sale of blockchain stocks pony up over $1.14M

The fallout from the meteoric rise of cryptocurrencies continued on Monday, when two Nevada men agreed to settle a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) accusing them of illegal sale in ...

Business 5 months ago

Crypto market daily report – July 3, 2018

The cryptocurrency markets began a strong rise on Monday afternoon with almost all currencies in the top 10 showing double-digit gains. SegWit BTC was considerably up when compared to the weekend period when it reached ...

Business 6 months ago

Double-spend bug, ‘wash’ trading: More controversies hound Tether

Red flags have been raised yet again concerning 'stablecoin' Tether (USDT). This time, analysts have issued warnings against a potential double-spend bug as well as a possible case of price manipulation. Last week, Chinese blockchain-centric ...

Business 6 months ago

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. SegWit BTC coin led the charge with an 8% increase overall, settling at around the ...

Business 6 months ago

South Korea’s Bithumb reduces crypto hack losses to $17M

As the negative news from the cryptocurrency markets turned into a flood, there was some positive information gleaned from the recent Bithumb hack that left some crumbs of comfort. The South Korean crypto exchange revealed ...

Business 6 months ago

Crypto market daily report – June 29, 2018

The slow but constant decline in the cryptocurrency markets continued on Thursday evening and Friday morning as BTC dipped below the $6,000 mark for the second time in a week. In fact, at press time, ...

Business 6 months ago

US lawmakers tighten screws vs crypto use for illegal activities

Federal lawmakers are putting the Comptroller General of the United States to work on a number of laws and regulations that will end the rampant drug and sex trafficking business, which have been punting on ...

Tech 6 months ago

PBoC seeks patent for digital wallet for tracking crypto transactions

It appears that China is not really so hostile to cryptocurrencies as long as it has control over them. The People's Bank of China (PBoC) has reportedly filed a new patent, via its Digital Currency ...

Business 6 months ago

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. BTC was stuck at around the $6,100 level with slight momentum, ...

Business 6 months ago

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. BTC was down to around $6,100 at press time and looked ready ...

Tech 6 months ago

Technical errors, security scare hound Nano wallet launch

Shadow of technical glitches and security scares continues to hang over Nano, the cryptocurrency that promises fast and fee-less transactions—and the latest launch of its wallet was certainly no exception. The latest problem is that ...

Tech 6 months ago

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). This is quite an innovative step for such a company since there have been a lot of restrictions ...

Business 6 months ago

Crypto market daily report – June 26, 2018

The cryptocurrency markets had a good run on Monday afternoon, when most of the major coins were on the rise with several of them registering double-digit increases over the slump of last weekend. BTC was ...

Business 6 months ago

Secret Service seeks Congress help in anonymous crypto crackdown

It appears that the U.S. Secret Service is not too happy with the operation of anonymous cryptocurrencies such as Monero and Zcash. There has been some indication that the department wants to start cracking down ...

Business 6 months ago

Tokyo court rules Mt. Gox creditors may recover funds

A closure is within reach in the Mt. Gox situation, after the Tokyo District Court announced that the assets belonging to creditors of the now defunct cryptocurrency exchange will finally be distributed back to their ...

Business 6 months ago

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 and even reached the $5,700 level at ...

Business 6 months ago

Binance to assist Malta Stock Exchange in blockchain startup program

Cryptocurrency exchange giant Binance has confirmed that it will be supporting the Malta Stock Exchange (MSE) in a crypto and blockchain accelerator program targeting fintech and crypto startups. In a tweet, the MSE announced that ...

Business 6 months ago

‘Unbanked’ Irish crypto companies lament problems with lenders

The situation for Irish cryptocurrency companies does not appear to be too rosy for the moment with several reporting that they either had to halt trading altogether or have been forced to open foreign bank ...

Business 6 months ago

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. BTC dropped by more than $200 on Friday ...

Tech 6 months ago

Siacon mining falls victim to massive malware hack in China

The cryptocurrency space continues to be affected by scams, hacks and outright frauds as it struggles to recover from the huge loss in confidence caused by the massive drop in prices over the past months. ...

Business 6 months ago

Crypto Fund AG receives Swiss license to distribute funds

The familiarisation of investment in cryptocurrencies continued to grow apace this week with an interesting development in Switzerland. Crypto Fund AG, a fund based in the ‘blockchain city’ of Zug in Switzerland, announced that it ...

Business 6 months ago

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, with BTC settling at around the $6,650 mark. The figure of $6,800 had also been reached ...

Business 6 months ago

Dutch financial authority raises doubt over legality of crypto investments

Cryptocurrency investors are faced with another quandary after the Netherlands Authority for Financial Markets (AFM) expressed “serious doubts” over whether entities that are dealing in cryptocurrencies actually conform to licensing laws. In a letter to ...

Business 6 months ago

Italian gov’t confiscates Bitgrail’s crypto assets

The much-maligned 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. The cryptocurrency ecosystem is ...

Business 6 months ago

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, although there was an upward movement for Ethereum Classic, which traded at $15 at one point ...

Business 6 months ago

5 ICO projects may soon launch in Thailand, regulator says

Initial coin offerings (ICOs), or at least some of them, will soon be "ready" to raise funds in Thailand. The country's financial regulator, the Securities and Exchange Commission (SEC), is poised to approve five ICO ...

Business 6 months ago

Bitcoin Cash, 3 others join crypto exchange ItBit’s arsenal

The New York State Department of Financial Services (NYDFS) has given cryptocurrency exchange ItBit the green light to add a host of new cryptocurrencies to its product offerings. With the approval, the previously BTC-only ItBit ...

Business 6 months ago

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. BTC continued to recover from its drop to $6,100 ...

Business 6 months ago

Don’t expect Western Union to add crypto option anytime soon​

U.S. financial services giant Western Union will not be adding a cryptocurrency transfer option to its arsenal anytime soon. This was confirmed by CEO Hikmet Ersek at a recent event in New York, Market Watch ...

Business 6 months ago

Crypto exchange Binance signs MoU for Jersey move

It's all systems go for Binance's move to Jersey, Channel Islands. The cryptocurrency exchange recently signed a memorandum of understanding with the Jersey government, in which it indicated its plans to start a GBP-to-crypto trading ...

Business 6 months ago

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 the levels reached last week. BTC, which dropped perilously close to the ...

Business 6 months ago

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, according to Reuters, quoting a Japanese official who was familiar with the matter. At present, cryptocurrency exchanges ...

Business 6 months ago

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. The bad news regarding the attacks on several ...

Business 6 months ago

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. On Monday, the San Francisco-based bank—considered to be the third largest in ...

Tech 6 months ago

nTezos forks ahead of Tezos launch

After an incredible saga of botched press announcements, half-truths and what not, the much-vaunted cryptocurrency project Tezos—which hasn't even launched yet—is set to fork. The Tezos project is quite a sensational dark story for those ...

Business 6 months ago

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. BTC was up to around ...

Tech 6 months ago

Apple revises App Store rules, bans crypto mining apps​

Apple’s legendary App store is a commercial giant which provides well in excess of 783,000 gaming applications as well as 2.3 million non-gaming apps. Recently, the App Store changed its guidelines with regard to cryptocurrency ...

Business 6 months ago

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 (ICOs) in a series of regulations recently announced by the country's Securities and Exchange Commission (SEC). These ...

Business 6 months ago

Crypto market daily report – June 11, 2018

Sunday has been a terrible day for the cryptocurrency markets and Monday does not look to be much better as every currency in the Top 10 by market cap (as well as the top 100) ...

Business 6 months ago

Margin trading lands South Korea’s Coinone in hot water

Authorities in South Korea are reportedly preparing to charge cryptocurrency exchange Coinone over its margin trading services, which investigators said is used by the platform to provide illegal gambling services. South Korea’s CyberCrime Investigation Police ...

Business 6 months ago

US regulator junks FOIA request for Bitfinex, Tether subpoenas: report

An important development has taken place in the crypto space after reports surfaced that the U.S. Commodity Futures Trading Commission (CFTC) rejected a Freedom of Information Act (FOIA) request for the subpoenas that were allegedly ...

Business 6 months ago

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. BTC was trading at around ...

Editorial 6 months ago

‘Rapidly growing’ Bitcoin Cash likely to go up 10x from current prices

As the debate continued on whether you should go for BTC or Bitcoin Cash, an interesting article by Dominic Frisby in MoneyWeek debated the differences between the two cryptocurrencies but generally went for Bitcoin Cash ...

Business 6 months ago

Crypto market daily report – June 7, 2018

The cryptocurrency markets are in a state of flux, although there have been some positive movements of late with BTC moving up to the $7,700 level after having dropped to the $7,400 level on Wednesday ...

Business 6 months ago

Bitfinex back online after yet another cyber attack

The cryptocurrency markets continued to experience attacks and scams in the past days and weeks with the latest victim being Hong Kong-based exchange Bitfinex. Bitfinex has been the target of another distributed denial of service ...

Business 6 months ago

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. The announcement was made by the Trade Ministry’s Futures Exchange ...

Business 6 months ago

SEC announces new cryptocurrency chief

With the continuing and ever-growing interest in the crypto space, the U.S. Securities and Exchange Commission (SEC) is certainly not resting on its laurels and has recently announced a “crypto chief” who will be overseeing ...

Business 6 months ago

Crypto market daily report – June 6, 2018

The cryptocurrency markets appeared to show some resilience in the past 24 hours with almost all the top currencies showing considerable increases or else holding on to the gains established over the past days. BTC ...

Business 6 months ago

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. In fact, the tiny nation, nestled between Italy ...

Business 6 months ago

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. Legacy Bitcoin dropped slightly below the $7500 mark and it dragged down down other coins too ...

Business 6 months ago

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. The Gibraltar Blockchain Exchange (GBX) has managed ...

Business 6 months ago

Crypto markets stable over weekend, Bitcoin BCH up 20%

The cryptocurrency markets continued with their recovery over the weekend with most of the major coins showing considerable increases across the board. The star performer however was Bitcoin Cash which saw a 20% rise over ...

Business 7 months ago

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. BTC remained static, hovering ...

Business 7 months ago

Singapore crypto exchange Huobi sets foot in Brazil

Beijing-born cryptocurrency exchange Huobi is making its way to South America, according to reports. Local news outlet Portal do Bitcoin reported that the exchange, now based in Singapore, has been marketing its platform in Brazil, ...

Tech 7 months ago

Austrian regulator bans unlicensed crypto mining company

The Austrian Financial Market Authority (FMA) has come down strongly on Vienna-based cloud cryptocurrency mining company INVIA GmbH, which has been allegedly conducting unauthorized operations. On Tuesday, the financial regulator ordered INVIA GmbH to cease ...

Business 7 months ago

Polish crypto exchange BitBay announces move to Malta

The Maltese cryptocurrency space got another considerable boost of late when it was announced that BitBay, the largest crypto exchange in Poland, has decided to move its operations to the Mediterranean island. This move, although ...

Business 7 months ago

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. BTC traded at around $7500 on Wednesday morning with strong support at that level, ...

Business 7 months ago

Bank of England considering cryptocurrency of its own: report

Many traditional banking systems remain dead set against the concept of cryptocurrencies, but not the Bank of England. Despite pouring cold water on the suggestion that central banks could adopt cryptocurrencies for consumer use, it ...

Tech 7 months ago

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. Several Chinese cryptocurrency companies are up in arms after the Bo’Ao Blockchain Forum for Asia hired an ...

Business 7 months ago

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. BTC fluctuated between the $7,300 and $7,100 level in ...

Business 7 months ago

Poloniex ID update leads to frozen accounts, legacy customers claim

Customers of cryptocurrency exchange Poloniex have been complaining of frozen accounts. 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 ...

Business 7 months ago

Bithumb bans crypto trading in 11 countries, including North Korea

One of South Korea’s largest 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. These ...

Business 7 months ago

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. BTC led the pack with a 5% decline and was trading at ...

Business 7 months ago

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. The company, which offers merchant processing with payable invoices and accounting services, is the brainchild of ...

Business 7 months ago

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. One of them is the crypto debit card, which allows you to use your crypto ...

Business 7 months ago

Cryptocurrency markets show positive gains

The cryptocurrency market is on recovery mode on Thursday and Friday morning as all major currencies were finally in the green after having sustained heavy losses in the first half of the week. BTC had ...

Business 7 months ago

India eyes 18% tax on cryptocurrency trading: report

The situation for cryptocurrency traders and investors has become slightly less rosy in India, following reports that these digital assets could soon be classed as intangible assets. According to a Bloomberg Quint report, an 18% ...

Business 7 months ago

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. A week ago, the Court of Florence upheld a preliminary order barring the exchange from resuming any ...

Business 7 months ago

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. Leading the way was BTC, which dropped to $7,500 before rebounding slightly to around $7,700 ...

Business 7 months ago

CFTC issues guidelines for cryptocurrency derivatives listing

The U.S. Commodity Futures Trading Commission (CFTC) has published an intriguing advisory for clearing houses and exchanges about assessing as well as listing cryptocurrency derivatives products. The CFTC, through its Division of Market Oversight (DMO) ...

Business 7 months ago

Owning cryptos could compromise US contractors’ security clearances: report

Investors or individuals who own cryptocurrencies 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 ...

Business 7 months ago

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. All the bad news surrounding South Korean exchanges, ...

Business 7 months ago

Pioneer exchange trading fund liquidates BTC holdings

One of the earliest exchange-traded funds, which had invested substantially in cryptocurrencies like BTC several years ago, has divested a substantial part of its BTC holdings, citing regulatory as well as tax concerns, CNBC reported. ...

Business 7 months ago

Canada cracks down on unlicensed cryptocurrency companies

The Canadian government, specifically the Ontario Securities Commission (OSC), has decided to crack down on five companies promoting investments and trading in cryptocurrencies sans license. The crackdown on the crypto companies started after the regulator ...

Business 7 months ago

Cryptocurrency markets resume decline

The cryptocurrency markets failed to hold on to the small gains that were established over late Sunday and early Monday and fell further over Tuesday morning with all main coins registering substantial decreases. Leading the ...

Business 7 months ago

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, quoting sources familiar with the matter. Meetings ...

Business 7 months ago

Tether issues another $250M worth of new USDT tokens

Cryptocurrency is never far from controversy and now we have the latest news that stable coin Tether, which trades at around 1:1 with the U.S. dollar, has just printed a quarter of a billion USDT ...

Business 7 months ago

Bitcoin Cash up 12% as crypto markets look for recovery

After a relatively quiet weekend where most cryptocurrencies remained at the low levels registered over the past week, there was a slight rebound on Sunday with most coins registering gains that were confirmed on Monday ...

Business 7 months ago

Genesis Global secures elusive New York BitLicense

The future appears bright for one of the largest cryptocurrency brokerage trading firms, Genesis Global Trading, after it becomes the latest firm to receive a BitLicense from the New York Department of Financial Services (DFS). ...

Business 7 months ago

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. BTC continued dropping and was below the $8,000 mark at press ...

Business 7 months ago

Will a new generation of crypto exchanges move us past Mt. Gox?

There is a rapidly growing interest in the cryptocurrency market, but there are still problems with exchanges—and that’s not just putting money in. Although most top cryptocurrency exchanges boast of a seamless customer experience, the ...

Business 7 months ago

Thailand exempts crypto investors from 7% VAT ‘to reduce tax burden’

More good news is on the horizon for cryptocurrency investors in Thailand. The country’s Revenue Department announced that it would be waiving the 7% value-added tax (VAT) for all individual cryptocurrency investors. When the royal ...

Business 7 months ago

US regulator creates fake ICO to teach investors a lesson

Duping investors in the United States is about to become a whole lot more difficult—or at least, that’s the plan—after the U.S. Securities and Exchange Commission (SEC) has come out with an ingenious way to ...

Business 7 months ago

Bitcoin Cash regains footing as crypto market snaps out of doldrums

The crypto market began a slight recovery on Thursday after Wednesday’s doldrums, when several currencies lost considerably on their values. BTC appeared to be well supported at the $8,350-$8,400 level as more buyers come into ...

Business 7 months ago

Telegram sues Florida company over ‘gram’ name

Popular encrypted message service Telegram has filed a lawsuit against a company in Florida, which intended to launch its own cryptocurrency with the word ‘gram’ in it. In the suit, filed last week in the ...

Business 7 months ago

More regulation coming to EU for cryptocurrencies

With cryptocurrencies under the spotlight on a consistent basis and several countries imposing bans or restrictions on trading, the situation is just about to get a little bit harder for traders and investors in the European ...

Business 7 months ago

Cryptocurrency market loses gains; BTC down to $8,300 again

The seesaw experience in the cryptocurrency market continued to hold sway on Wednesday morning as all major cryptocurrencies experienced heavy losses yet again after recording some notable gains in the early part of the week. ...

Business 7 months ago

Traders find ways around Pakistan ban to buy, sell cryptos: reports

The ban on cryptocurrency-related activities in Pakistan has been reportedly rendered ineffective by traders who have found alternate ways to buy or sell virtual currencies. Although the State Bank of Pakistan (SBP) has banned commercial ...

Tech 7 months ago

HSBC finalizes landmark trade finance transaction on blockchain

Despite their general hostility towards cryptocurrency industry, a growing number of banks have started embracing its underlying technology—the blockchain. On Monday, financial services giant HSBC announced that for the first time in history, a trade ...

Business 7 months ago

Cryptocurrency markets continue muted recovery

The cryptocurrency markets continued their relatively low-key recovery on Tuesday with almost all major currencies posting considerable gains over the weekend slump. BTC broke out of the low $8,300 mark to reach the $8,700 point ...

Business 7 months ago

Japan’s GMO adds Bitcoin Cash, 3 more cryptos to loan program

Japanese cryptocurrency exchange GMO is continually adding more currencies to its loan program, which allows its customers to loan cryptocurrencies to the company. Originally the program was launched just for BTC, but now GMO has ...

Business 7 months ago

German online bank ditches SWIFT for cryptocurrency

As the cryptocurrency market continues to grow, banks are ever more so wary of the digital currency although things might be changing in Germany. In fact, Germany's Bitbond, an online bank founded in 2013 by ...

Business 7 months ago

Crypto markets begin week on a downtrend after weekend resurgence

After a slight resurgence over the weekend when most cryptocurrencies advanced by considerable margins to pare off last week's heavy losses, the cryptocurrency market is back on the slump on Monday. BTC, once again, tested ...

Tech 7 months ago

‘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. The bill would have benefited innovation in the state, which has ...

Business 7 months ago

Israel taxman goes after cryptocurrency traders

The Israeli tax authorities are not to be taken for granted. Lately, agents of the Israel Tax Authority are reportedly actively seeking out those traders who are engaging in cryptocurrency business, in a bid to ...

Business 7 months ago

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. BTC was the ...

Business 7 months ago

Winklevoss twins move ahead with crypto ETP exchange patent

Tyler and Cameron Winklevoss, considered to be among the popular personalities in the cryptocurrency circuit, have moved to consolidate their position in the crypto space. The U.S. Patent and Trademark Office (USPTO) has awarded a ...

Business 7 months ago

Crypto exchange Bitmora looking to launch in Malta instead of US

With regulation tightening and several cryptocurrency operations coming under the spotlight, the United States is not too friendly a place for the launch of new exchanges at the moment. In fact, Bitmora, a new cryptocurrency ...

Business 7 months ago

Bitcoin Cash leads crypto market recovery

The crypto currency markets demonstrated a slight recovery on Thursday morning with prices up across the board. The chief leader amongst the top currencies was Bitcoin Cash (BCH), which saw its price rise considerably from ...

Business 7 months ago

Texas crypto investment scheme hit with cease order over fraud claims

Yet another cryptocurrency investment scheme has been stopped in the United States. This week, the Texas State Security Board (TSSB) has issued a cease and desist order to Forex EA and Bitcoin Investment LLC, which ...

Business 7 months ago

NY Stock Exchange trains sights on cryptocurrency trading platform

As the cryptocurrency market begins to enter the acceptance stage, it appears that even the New York Stock Exchange has taken the bait. According to reports in The New York Times, the world’s largest stock ...

Business 7 months ago

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. The news of U.S.’s withdrawal ...

Business 7 months ago

‘Friendlier’ Canada attracts Miami-based crypto startup CBlocks

Fed up with regulatory uncertainty over cryptocurrencies in the United States, Miami-based company CBlocks has announced that it will be moving to Canada in the near future. In an interview with Business Insider, Cblocks explained ...

Business 7 months ago

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. In an economic letter from the Federal Reserve Bank of ...

Business 7 months ago

Bitcoin Cash continues to be crypto market’s prime mover

The cryptocurrency market continued to be relatively stable on Monday with most top currencies recovering slightly from Sunday night’s losses. BTC maintained the $9,300 mark after having dropped from a high of $9,900 over the ...

Tech 7 months ago

JPMorgan patent punts on blockchain for ‘network payments’

Despite what CEO Jamie Dimon might say about cryptocurrencies, U.S. banking giant JPMorgan Chase is already moving towards blockchain—the technology that powers  the digital coins. Back in September, Dimon made headlines when he threatened to ...

Business 7 months ago

Ripple Labs hit with securities class-action suit

With the price of the currency slightly below par of late, Ripple appears to be facing more woes as it faces a class action lawsuit in a California court. The XRP token has had a ...

Business 7 months ago

Bitcoin Cash stays on course amid crypto market retracement

The cryptocurrency market was down around 5% on Monday largely due to a retracement in all the major coins after a bullish weekend in which most major currencies reached quarterly highs. The main leader amongst ...

Tech 7 months ago

Viber poised to follow Telegram’s footsteps out of Russia

After Russia banned the popular encrypted messaging services app 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—a ...

Business 7 months ago

BitGrail exchange re-opens, only to shut down 3 hours later

Cryptocurrency exchange 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. On May 2, the Italy-based ...

Business 7 months ago

Crypto market continues strong recovery—Bitcoin Cash rises further

The cryptocurrency market continued in its strong recovery mode on Friday, with all major crypto currencies rising considerably and reaching new monthly highs at regular intervals. In fact, the whole cryptocurrency market is now worth ...

Business 8 months ago

Telegram calls off public ICO

The popular messaging app 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. The funding will be used to ...

Business 8 months ago

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, The New York Times reported. The bank will reportedly use ...

Business 8 months ago

Bitcoin Cash jumps 10% as crypto market sees positive spike

The cryptocurrency market had a generally positive Wednesday with most currencies in the green, but the biggest mover by far was Bitcoin Cash (BCH), which jumped considerably to almost $1,500 over the past 24 hours ...

Business 8 months ago

Iran presses for development of local cryptocurrency

As darkness looms over the future of its nuclear deal with the United States, it appears that Iranian government is still going ahead with a major project that will pave for the country’s own cryptocurrency ...

Business 8 months ago

Vertcoin joins growing list of hijacked Twitter crypto accounts

It appears that the cryptocurrency market continues to be compromised by scammers and fraudsters at every turn with the latest victim being Vertcoin. At around 20:00 UTC on Tuesday, the @Vertcoin account tweeted that its ...

Business 8 months ago

Coinbase value more than quadruples to staggering $8B: report

As the cryptocurrency mania continues to take hold, it appears that the owners of the exchanges that carry out the daily trades are laughing all the way to the bank. Case in point is San ...

Business 8 months ago

Bitcoin Cash recovers as crypto market trades sideways

The cryptocurrency market continued to trade sideways on Wednesday after dropping slightly in the past 48 hours. After a day of trading below the $9,000 mark, BTC regained the $9,100 mark on Wednesday morning although ...

Business 8 months ago

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. This was revealed in a patent application filed last Thursday with ...

Business 8 months ago

Markets slump again as BTC drops below $9,000

After a relatively quiet morning in which only EOS experienced steep losses, the cryptocurrency markets experienced a considerable downturn on Monday evening and Tuesday morning. All major currencies were down with BTC experiencing another drop ...

Business 8 months ago

India’s Koinex rolls out zero-fee, crypto-to-crypto trading pairs

As the cryptocurrency world continues to expand at a rapid pace, it is now the turn of Indian cryptocurrency exchange Koinex to introduce cryptocurrency trading pairs. Last week, Koinex announced that it would be introducing ...

Tech 8 months ago

Alcohol company Madison Group pours $60M into crypto miner Diginex

The cryptocurrency and blockchain space appears to be getting crowded of late with several multinational companies and other large entities looking to pounce on what is proving to be a considerable investment opportunity, even amid ...

Business 8 months ago

Bitcoin Cash holds on to gains, sets sights on $1,500

The cryptocurrency market had a rather muted performance over the weekend, with most of the major coins staying at their price levels achieved over last week although there were some notable exceptions. BTC has been ...

Business 8 months ago

Europe’s new tech ‘unicorn’ Revolut adds support for Bitcoin Cash, Ripple

London-based alternative banking app Revolut’s plans to move forward in the cryptocurrency got a major boost, after the European company announced that it has secured a major injection of capital. With the new funding, Revolut ...

Tech 8 months ago

Strong demand for crypto mining chips boosts Samsung Q1 profit

South Korean electronics giant Samsung has gone big in the cryptocurrency market focusing on mining, where it appeared rich pickings were to be had. On Thursday, the electronics company reported an impressive first quarter 2018 performance ...

Business 8 months ago

Bitcoin Cash pushes for $1,400 as crypto market continues muted recovery

The cryptocurrency market continued a steady recovery, with almost all currencies rising slightly in the past 24 hours. Stellar headlined the march forward, increasing by as much as 10% overnight. BTC also finally shrugged off ...

Business 8 months ago

Mayhem at South Korean exchange—free crypto coins given out in error

The reputation of cryptocurrency exchanges continued to take a beating of late. The latest development occurred in South Korea, where coins were reportedly given out for free due to a system glitch. New exchange Cashierest ...

Business 8 months ago

Philippines’ special economic zone opens doors to crypto operators

Blockchain and cryptocurrency companies, the Philippines welcomes you with open arms. And tax breaks. On Wednesday, Reuters reported that the Philippine government is opening the special economic zone to allow cryptocurrency and blockchain operators “to ...

Business 8 months ago

Bitcoin Cash maintains $1,300 level amid mid-week market slump

The cryptocurrency market continued its mid-week slump, which started early on Wednesday morning after BTC dropped from a monthly high of $9,800 to below the $9,000 mark in just a few hours. That big crash ...

Business 8 months ago

Binance leads $30M funding round for privacy-centric MobileCoin

The biggest cryptocurrency exchange by volume, Binance, has ventured into the virtual messaging service world by leading a funding round for the new cryptocurrency, MobileCoin. The Hong Kong based exchange, which has plans to move ...

Business 8 months ago

BaFin-approved German hybrid fund combines crypto, real estate

As the cryptocurrency space continues to grow and expand, the latest venture by a German firm has been to invest in what it called a hybrid cryptocurrency and real estate fund. Munich-based BITREAL Capital GmBH ...

Business 8 months ago

Half of Russian ICO funds go to pyramid schemes: report

The initial coin offering (ICO) market continues to take a beating with news surfacing about scams and heists almost on a daily basis. The latest revelation comes from Russia, whose Russian Association of Cryptocurrencies and ...

Business 8 months ago

Bitcoin Cash holds on to its gains as crypto market recovery stalls

The cryptocurrency market experienced a slight correction on Wednesday morning from the dizzying highs experienced earlier in the week. BTC traded around $9,800 on Tuesday night, but eventually dropped to the $9,200 mark before recovering ...

Business 8 months ago

Financial analyst drags Facebook to court over scam crypto ads

Amid the bad press and the fallout from the Cambridge Analytica data theft, a new development will see social media giant Facebook under renewed pressure. Martin Lewis, founder of consumer help site MoneySavingExpert.com, announced that ...

Business 8 months ago

Bitcoin Cash jumps 120% in April to breach $1,500

The cryptocurrency market rallied on, with all major cryptocurrencies rising considerably and reaching new monthly highs at regular intervals on Tuesday. In fact, the whole cryptocurrency market is now worth well over $400 billion and ...

Business 8 months ago

Third man in Mayweather-backed $32M ICO faces fraud charges

In a further debacle for the initial coin offering (ICO) sector, the U.S. Securities and Exchange Commission has announced additional fraud charges stemming from its investigation into Centra Tech’s $32 million token crowdsale. One of ...

Business 8 months ago

Tech firm Xunlei comes under fire over ‘disguised’ ICO

Beleaguered technology company Xunlei has become the subject of several class action lawsuits from investors who have bought the company’s digital token, LinkToken. As with all too many initial coin offerings (ICOs), Xunlei is accused ...

Business 8 months ago

Bitcoin Cash outperforms the crypto market with over 20% growth

The cryptocurrency market maintained its solid gains over the weekend although there was a slight retrenchment in some coins, with BTC coin still failing to surpass the $9,000 mark and settling between the $8,800 and ...

Business 8 months ago

Tezos co-founder hit with ban, $2,000 fine from FINRA

Arthur Breitman, the controversial co-founder of Tezos tech project, is once again in the headlines following reports that he was fined by the Financial Industry Regulatory Authority (FINRA) to the tune of $20,000. This occurred ...

Business 8 months ago

Crypto market recovery continues as Bitcoin Cash tests $1,000 mark

The cryptocurrency market continued its solid recovery on Thursday, with several currencies posting strong recoveries with a few notable exceptions where the price rose exponentially to new monthly highs. Bitcoin Cash continued to perform exceptionally ...

Business 8 months ago

What’s the truth? German startup claims $50M ICO scam a PR stunt

The world of initial coin offerings (ICOs) continued to take a beating of late, and the emergence of a new scheme involving a missing $50 million planted another nail into the coffin of this highly ...

Business 8 months ago

Bitcoin Cash closes in on $900 as crypto market roars ahead

All major cryptocurrencies had an excellent day on Thursday against the U.S. dollar, with almost every single one of the top 10 coins seeing double digit rises. Leading the pack was Bitcoin Cash which roared ...

Business 8 months ago

Malta continues to forge ahead in blockchain sphere

The small country in the EU that punches above its weight is Malta, and it's not looking back especially where the blockchain industry is concerned. After the announcements that Binance and OKEx will eventually be ...

Business 8 months ago

Cambridge Analytica eyed ICO before all hell broke loose: report

Digital data harvesting firm Cambridge Analytica has been in the news recently for all negative reasons you can imagine. What with it being used to harvest tens of millions of personal accounts data from Facebook ...

Business 8 months ago

Bitcoin Cash jumps to $830 as BTC takes a nosedive

After a relatively positive Tuesday when most cryptocurrencies posted strong gains, SegWit-Coin BTC (also referred to as Bitcoin legacy or Core) took a considerable tumble in the late evening with the price dropping from around ...

Business 8 months ago

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. The terms of the acquisition were not ...

Business 8 months ago

Bitcoin Cash holds $780 level amid largely staid crypto market

The cryptocurrency market was largely staid on Monday with most virtual currencies keeping their previous levels after the slight drops on Sunday evening. SegWit-Coin BTC (also referred to as Bitcoin legacy or Core) was again ...

Business 8 months ago

Bitcoin Cash touches $790 mark as crypto market continues recovery

The cryptocurrency market continued a slight recovery over the weekend, with SegWit-Coin BTC (also referred to as Bitcoin legacy or Core) climbing to around $8,500 on Sunday—only to fall back slightly to around the $8,000 ...

Business 8 months ago

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 (also referred to as Bitcoin Legacy or Core) ...

Business 8 months ago

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, which has proudly declared itself to be the ...

Business 8 months ago

Lawsuit accuses JPMorgan of charging high fees for crypto purchases

It seems like Jamie Dimon and company are fine with making huge amounts of interest off the cryptocurrency market in private, while bashing digital currencies like Bitcoin in public. The situation, however, just got a ...

Business 8 months ago

Cryptocurrency markets on the up as Bitcoin Cash moves forward

The cryptocurrency market experienced a slight uptick on Wednesday with most of the major coins well into the green. Segwit-Coin BTC (otherwise known as Bitcoin Legacy or Core) remained stuck in a tight trading range, ...

Tech 8 months ago

Ledger investigates wallet’s sudden lack of Bitcoin Cash support

The Ledger team has resolved the reported sudden lack of Bitcoin Cash support on its wallet. On Wednesday, a Ledger spokesperson confirmed to CoinGeek that "this issue has now been resolved." "Recent updates to Bitcoin ...

Business 8 months ago

Bitcoin Cash regains foothold amid largely neutral crypto market

The cryptocurrency market remained largely neutral on Tuesday with SegWit-Coin BTC (also referred to as Bitcoin Legacy or Core) trading between an extremely tight range of around $100, oscillating between $6720 and $6850 with some ...

Business 8 months ago

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. The Petro has had a stormy life so far. Except for Russia, the ...

Business 8 months ago

Markets face short-lived revival as crypto prices drop again

The so called revival in April has certainly not taken off yet. After a relatively positive Monday morning where all major cryptocurrencies were on the rise including SegWit-Coin BTC, the rest of the day was ...

Business 8 months ago

‘Worried’ State Bank of Pakistan warns against shady crypto dealings

As the cryptocurrency world continues to negotiate bad news and problems with scams and phishing, the latest revelation that the State Bank of Pakistan (SBP) had reportedly banned the use of cryptocurrencies has turned out ...

Business 8 months ago

Bitcoin Cash regains its mojo as crypto markets begins recovery

After a torrid week where the cryptocurrency market reached new lows with SegWit-Coin BTC (also known as Bitcoin Legacy or Core) dropping below $6,500, it appeared that the past few days have shown some indication ...

Business 8 months ago

Expect more price falls as tax deadline looms for US crypto owners

As if the situation was not bad enough for cryptocurrency owners with prices plummeting as much as 80% from their all-time highs in some cases, further pressure on prices looms in the form of the ...

Business 8 months ago

SEC considers listing more Bitcoin ETFs on NYSE Arca

More Bitcoin exchange-traded funds (ETFs) are reportedly closer to being listed on NYSE Arca, the first all-electronic exchange in the United States. According to documents made public by the U.S. Securities and Exchange Commission, two ...

Business 8 months ago

Ripple’s XRP scrambles to get listed on Gemini, Coinbase: report

As the cryptocurrency market continues to take a hit with values plummeting by around 80% of their worth since January, Ripple's XRP coin is struggling to get listed on two major exchanges in the United ...

Business 8 months ago

John McAfee will tweet about your crypto project—for $105,000

After promising to eat his private parts live on TV if the price of legacy Bitcoin (BTC) doesn’t reach $1 million (something which appears to be pure fantasy at the moment), John McAfee has now ...

Business 8 months ago

Russia eyes Venezuela’s Petro token for ‘international transactions’

Venezuela’s much vaunted cryptocurrency, Petro, has (finally) found a supporter—Russia. On Wednesday, reports surfaced that Russia might be taking up the coin in the not too distant future for “international transactions.” According to sources, a ...

Business 8 months ago

Bitcoin Cash price rises 10% as crypto market continues muted recovery

The cryptocurrency market continued on a slightly muted recovery on Tuesday, with legacy Bitcoin (BTC) price moving from around $7,300-$7,500, which was a rather tight trading range and it appeared that the largest cryptocurrency by ...

Business 9 months ago

Monex Group eyes majority stake in Tokyo-based Coincheck

Some good news is on the horizon for Coincheck investors who were resigned to the fact that they had lost all their money after the Tokyo-based exchange had been hacked in January. According to Nikkei ...

Business 9 months ago

After severe slump, cryptocurrency market commences recovery

After almost two weeks of a severe slump in the cryptocurrency markets where values dropped to all-time lows for 2018, there appeared to have been a slight recovery on Monday evening and Tuesday morning as ...

Business 9 months ago

MailChimp bans cryptocurrency, ICO promos on its network

Popular mass mailing platform MailChimp is the latest to jump aboard the bandwagon of companies banning cryptocurrency and initial coin offering (ICO) related promotions. This latest news is another shot to the whole cryptocurrency sphere ...

Business 9 months ago

Cryptocurrency slump continues as BTC reaches new low

There seems to be no end to the bear market in the cryptocurrency space as values of the top coins continued declining, with legacy Bitcoin (BTC) reaching a new low of $6,400 on Sunday before ...

Business 9 months ago

Cryptocurrency groups fight back against advertising bans

A number of cryptocurrency associations and companies from countries including South Korea, Russia and China have apparently decided to file a class action lawsuit against internet advertising companies and social platforms that have decided to ...

Business 9 months ago

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. The mastermind behind this heist was allegedly an ...

Business 9 months ago

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. In fact the regulatory authorities in Tennessee ...

Business 9 months ago

Cryptocurrency market back on decline as bears hit back

After a week that saw legacy Bitcoin (BTC) hit the $9,000 mark, the cryptocurrency market experienced a slow decline over the weekend with every currency again in the red and some also dropping to lows ...

Business 9 months ago

Freedom for crypto? China opens payments market to foreigners

There appears to be a seismic shift with regards to foreign investment in China since the mainland government, via the People’s Bank of China (PBOC), has suddenly decided to open up the Chinese market to ...

Business 9 months ago

Cryptocurrency exchange Binance sets its sights on Malta

Binance, the world’s largest cryptocurrency exchange by traded value, is planning to open an office in Malta, founder Zhao Changpeng confirmed in an interview with Bloomberg from Hong Kong. The exchange, founded in Hong Kong ...

Business 9 months ago

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 on Thursday ...

Business 9 months ago

US to start adding cryptocurrency addresses to SDN List

Just after U.S. President Donald Trump issued an executive order banning cryptocurrencies issued by the Venezuelan government, it appears that the U.S. Treasury has tightened the screws further on all cryptocurrency owners. This week, the ...

Business 9 months ago

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. Dorsey was speaking ...

Business 9 months ago

Bitcoin Cash up 20% as cryptocurrency market makes steady recovery

The cryptocurrency market continued a steady and quite impressive recovery on Tuesday, adding a further $40 billion to its market cap as all currencies in the Top 10 recorded strong gains. This time, however, it ...

Business 9 months ago

US bans Venezuela’s petro token, imposes further sanctions

With an economy in tatters and revolt just over the horizon, 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 ...

Business 9 months ago

Cryptocurrency market commences recovery; BTC back at $8,500 level

The cryptocurrency market managed a slight recovery on Monday followed by the considerable boost seen on Sunday evening, when around $30 billion was added to the total market cap in the past 24 hours. Legacy ...

Business 9 months ago

Financial Stability Board turns down calls for further cryptocurrency regulation

After a hugely turbulent week where almost all top 10 cryptocurrencies by market cap lost around 30% of their value, a slight fillip that could have excellent ramifications for a recovery occurred in the late ...

Business 9 months ago

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. Legacy Bitcoin (BTC) fell to a monthly low of $7,200 ...

Business 9 months ago

UK crypto exchange Coinfloor to launch Bitcoin futures in April

One of the top European exchanges based in the United Kingdom is planning to offer Bitcoin-based futures contracts starting next month. Announcing the development in a tweet, UK-based cryptocurrency exchange Coinfloor said that it will ...

Business 9 months ago

French financial authorities crack down on crypto trading sites

As the European market continues to grapple with the ever rising crypto world and the corresponding markets, the Authorite de Marches Financieres (AMF) in France has come up with a list of websites that offer ...

Business 9 months ago

Congressional hearing on cryptocurrency raises more questions than answers

The cryptocurrency space was the topic of a congressional hearing on March 14 where amongst topics discussed, there where potential capital formation, initial coin offerings (ICOs) and cryptocurrencies. This was the first hearing on this ...

Business 9 months ago

No end in sight: Crypto market continues downward spiral

The cryptocurrency markets continue on a steady decline, and some coins 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 ...

Business 9 months ago

Google joins Facebook in banning cryptocurrency ads

As if the situation was not bad enough for cryptocurrencies with problems regarding scams, excessive regulation and a wholesale crash in prices, more bad news proliferated on Tuesday. This came in the stark announcement by ...

Business 9 months ago

Stuck in a rut: Cryptocurrencies hover around $350M market cap mark

It seems that the cryptocurrency market has become stuck in a rut with very little movement either way as legacy Bitcoin (BTC) continues to hover around the $9,000-$9,300 mark with occasional drops below the $9,000 ...

Business 9 months ago

Coinbase introduces tax tool for cryptocurrency earnings

The largest cryptocurrency exchange in the United States, Coinbase has introduced a tool wherein one can calculate tax due in relation to Internal Revenue Service (IRS) guidelines regarding virtual currency earnings. Coinbase has also provided ...

Business 9 months ago

Cryptocurrency market takes another hit, goes into reverse

After a promising start to Monday morning when most cryptocurrencies were on the increase and with legacy Bitcoin (BTC) close to touching the $10,000 mark, the afternoon saw another crash in values once again and ...

Business 9 months ago

Large chunk of trading volumes on crypto exchanges are fake, study claims

As if the situation regarding online scams, fake ICOs and continuous threats of harsh regulation are not enough, the cryptocurrency market woke up to another story recently—that of fabricating trades. In a hugely interesting study ...

Business 9 months ago

Poised for rebound? Cryptocurrencies show slight increase

After a few days of doldrums with the cryptocurrency market cap slumping to below the $350 billion mark, it could be that the digital coin market is on the road to a revival with legacy ...

Business 9 months ago

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 and users in the world’s most populous country. And yet, despite all its previous ...

Business 9 months ago

Steve Bannon lauds cryptocurrencies as a populist force

Never one to take things lightly, the former aide to U.S. President Donald Trump and right wing firebrand Steve Bannon is propelling himself to the fore where cryptocurrencies are concerned. He has been touring Switzerland ...

Business 9 months ago

Japan’s financial watchdog suspends 2 cryptocurrency exchanges

The world and operating environment for cryptocurrency exchanges is a torrid one and there are always problems cropping up if one needs to operate in such a risky environment. Japan is a country that seemingly ...

Business 9 months ago

BTC drops below $10,000 again as cryptocurrency markets continue slide

The cryptocurrency market endured another torrid day on Wednesday, when all major coins had quite steep corrections with some dropping as much as 20%. Yet again it was Ethereum Classic which led the decline when ...

Business 9 months ago

Russia prepares to legalize cryptocurrency by July

With the cryptocurrency market taking the world by storm albeit with a slight drop of late due to a decrease in prices since January 2018, it was only a matter of time before Russia would ...

Business 9 months ago

Cryptocurrency markets on the slide, major correction in the offing

After a relatively positive three days from Saturday to Monday when cryptocurrency markets had seen a major recovery and legacy Bitcoin (BTC) was toying with the $12,000 mark, Tuesday proved to be another disaster for ...

Business 9 months ago

Reversal in cryptocurrency markets as Coinbase rumours sink Ripple

The recovery in the last three days in cryptocurrency markets was short lived and, once again, the gains made in the days before were wiped out in a matter of hours on Monday afternoon and ...

Business 9 months ago

LinkedIn’s Emilie Choi joins Coinbase

As the cryptocurrency market continues to grow and create opportunities, companies are looking to consolidate a strategy through mergers and acquisitions to take advantage of the explosive growth in the technology underpinning blockchain. Coinbase, which ...

Business 9 months ago

$1T Wellington Management looks into cryptocurrency investments

As the cryptocurrency revolution continues to take hold, there’s a new kid on the block looking at the potential $1 trillion industry. Boston-based money manager Wellington Management Company seems to be the next investor who ...

Business 9 months ago

Cryptocurrency market on the road to recovery

After several days of sideways trading and small declines, the cryptocurrency market appears to be on the rise and the road to recovery as several of the main coins showed considerable advances against the dollar ...

Business 10 months ago

Cryptocurrency kills people in ‘fairly direct way,’ Bill Gates says

Microsoft founder and one of the world’s richest men Bill Gates is no stranger to controversial statements, and this latest one takes some beating. This week, Gates made headlines after claiming that cryptocurrency is actually ...

Business 10 months ago

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. The latest company to be slapped with a cease and desist order in the ...

Business 10 months ago

Cryptocurrency market trades sideways, BTC maintains $10,500 level

The cryptocurrency market continued trading sideways on Tuesday with most of the currencies registering minimal decreases and any gains made were swiftly eroded throughout the day. Legacy Bitcoin (BTC) continued building on the levels it ...

Business 10 months ago

The USI Tech conundrum—is it a pyramid scam or not?

Cryptocurrencies have taken a bit of a bad name due to their volatility but there is another factor in the equation—the propensity to the creation of pyramid and Ponzi schemes. One of the schemes that ...

Business 10 months ago

Recovery in cryptocurrencies: BTC value back over $10,000

Cryptocurrencies staged a remarkable recovery on Monday with many of coins making considerable advances although some were still posting quite modest increases. Legacy Bitcoin (BTC) was perhaps the best performer where it gained over 10% ...

Business 10 months ago

ICO review: Are token crowdsales a scam?

All the news about cryptocurrencies seems to be dominated by what are termed as Initial Coin Offerings (ICOs), which have all sorts of fancy and, at times, ludicrous names. One has to be careful not ...

Business 10 months ago

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. Legacy Bitcoin (BTC) continued the slow decline that began on Wednesday and was trading at ...

Business 10 months ago

The next big headache for investors? Taxes on your cryptocurrency

With the Bitcoin and cryptocurrency craze affecting millions of people who are looking to get rich as quick as possible, one of the questions that is seemingly looming large on the horizon is what taxes ...

Business 10 months ago

Cryptocurrency market endures another correction

The whole cryptocurrency market endured another heavy correction on Thursday with legacy Bitcoin’s (BTC) price dipping to well below the $10,000 mark. Although there was no indicator to this heavy drop, it seems that the ...

Business 10 months ago

Appetite for ICOs shows no signs of waning

With the jargon of cryptocurrencies continually expanding, the word ICO—or Initial Coin Offering—looms large on the investor’s radar of late. In fact, well over $1.5 billion have been raised in ICOs for January 2018 making ...

Business 10 months ago

Crypto market endures another heavy correction

After a few days of positive movement on the crypto markets, Wednesday was another dismal day for investors as all major currencies slumped erasing most of the gains made during the past week. The chief ...

Business 10 months ago

Venezuela’s petro raises over $750M in first hours of pre-sale

With the country teetering on the brink of economic collapse, Venezuela had to come up with something to diversify its potential. The country has been in the news in the past months due to huge ...

Business 10 months ago

Crypto markets suffer correction; ETC, LTC among biggest losers

The cryptocurrency 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%. After days of a bull run which propelled ...

Business 10 months ago

Spain mulling ideas for blockchain, crypto companies’ tax breaks

European Union countries are looking favorably on blockchain and crypto currencies in an attempt to shore up their economy. After Malta announced that it was looking to provide a safe legal environment for the operation ...

Business 10 months ago

Cryptocurrency market quite tepid, but still growing

The cryptocurrency market continued on its slow road to recovery on Monday and early Tuesday with prices climbing steadily although some currencies remained slightly stagnant. The chief performer among the main top 10 cryptocurrencies was ...

Tech 10 months ago

Malta looking to be the first to regulate blockchain tech

The government of Malta has launched a policy document which seeks to set up the Malta Digital Innovation Authority alongside other legislation to provide legal certainty in the sphere of blockchain technology and, by extension, ...

Business 10 months ago

Slow recovery in crypto markets continues

As was to be expected, the weekend brought mixed results for the cryptocurrency markets with many trading sideways although there was a general improvement all around barring one or two exceptions. Legacy Bitcoin (BTC) exceeded ...

Business 10 months ago

Roaring ahead: Bitcoin Cash up by almost 12%, inches closer to $1,500

While other cryptocurrencies floundered, Bitcoin Cash continued to make a bull run with a 12% increase over the past 24 hours, indicating another push towards the $1,500 mark. Although this is still significantly below the ...

Business 10 months ago

Bitcoin Cash recording steady gains—rising consistently and flirting with $1,400 mark

The impressive recovery in the cryptocurrency market continued apace on Wednesday and the early hours of Thursday as most major coins were all heavily in the green. The currency that was looking extremely positive and ...

Business 10 months ago

Japan’s crypto investors wary of the taxman

With the recovery in cryptocurrencies now seeming to be well on the way, some investors are turning their heads to another potential problem—the taxman. In Japan that’s a particular issue since all cryptocurrency investments are ...

Business 10 months ago

Cryptocurrencies continue to recover as Bitcoin Cash builds on 25% growth

The cryptocurrency market continued its slow recovery on Wednesday with several coins moving ahead. Bitcoin Cash appears to be stabilizing at around the $1,300 mark before what appears to be a big push upwards as ...