Latest Business News

Was Tether used to prop up BTC? US wants to know
Business 21 November 2018

Was Tether used to prop up BTC? US wants to know

The U.S. Department of Justice (DOJ) has cast fresh doubt on whether BTC was ever worth as much as its market price, after identifying irregularities that suggest market manipulation.

india-introduce-crypto-regulations-december
Business 21 November 2018

India could introduce crypto regulations in December

A report by Quartz released yesterday asserts that India’s finance ministry had given a task group the responsibility of creating regulatory norms and policies for crypto trading, as well as for blockchain technology.

Kraken's crackin' up
Business 21 November 2018

Kraken’s crackin’ up

The exchange, which is backed by Bitcoin.com’s Roger Ver, called out BCHSV after the network upgrade, accusing it of not being a viable option, as it had no known replay protection and no support from major block explorers.

Support for Bitcoin SV growing
Business 20 November 2018

Support for Bitcoin SV growing

Firms in the blockchain and cryptocurrency space have come out in support of Bitcoin SV, in light of the recent Bitcoin Cash hard fork.

Remitano, major exchanges opt for ‘responsible’ route in Bitcoin BCH hash war
Business 19 November 2018

Remitano, major exchanges opt for ‘responsible’ route in Bitcoin BCH hash war

Unlike other platforms that have prematurely given the BCH ticker to ABC after it took a temporary early lead, thanks to an artificial burst from “rented” hash power subsidized by Roger Ver’s Bitcoin.com and from Bitmain Technologies, Remitano opted for the “responsible” route—that of the Bitcoin way.

New crypto payments platform coming to Australia
Business 19 November 2018

New crypto payments platform coming to Australia

Ivy and HiveEx.com have teamed up to offer IvyPay, which will allow crypto owners to use their holdings to pay bills or to transfer funds directly to their bank accounts.

Huobi wants to be a crypto one-stop-shop in Russia
Business 19 November 2018

Huobi wants to be a crypto one-stop shop in Russia

Huobi opened its new office in Moscow, complete with 30 staff members, about a week ago. It is the first major crypto exchange to have a physical presence in Russia, complete with a Russian-speaking call center.

US SEC takes position against developers of smart contracts
Business 19 November 2018

US SEC takes position against smart contracts developers

Nick Szabo, who was originally behind smart contracts, has started to question if they make sense and even Ethereum’s Vitalik Buterin is someone turned off to them. Now, it appears that the SEC has begun monitoring smart contracts and its creators.

Crypto market daily report – November 16, 2018
Business 16 November 2018

Crypto market daily report – November 16, 2018

The cryptocurrency markets continued on their inexorable freefall over the past 24 hours with almost all major currencies showing a considerable decline across the board.

Ohio lawmaker eyes bill allowing ICOs to ‘sidestep’ securities laws
Business 16 November 2018

Ohio lawmaker eyes bill allowing ICOs to ‘sidestep’ securities laws

Rep. Warren Davidson, of the 8th district of the state of Ohio, is reportedly weighing up a prospective bill which would treat ICOs as a type of product, rather than a form of security, thereby reducing the influence and oversight of the Securities and Exchange Commission (SEC).

NYDIG Execution picks up New York’s BitLicense
Business 16 November 2018

NYDIG Execution picks up New York’s BitLicense

The New York State Department of Financial Services (DFS) has approved New York Digital Investment Group (NYDIG) Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license.