Incent has been used to settle a $1,400 bill with a local restaurant – the token’s very own Bitcoin Pizza moment! Every year, on 22 May, the crypto community marks Bitcoin Pizza Day. Back in 2010 Laszlo Hanyecz, a developer and early adopter, paid 10,000 BTC, worth $50 at the […]
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Bitcoin Price Watch: Is the Recent Drop Part of a Bigger Picture?
At press time, bitcoin is retaining its $6,100 price from yesterday. The currency fell to this position from $6,700 after Japan’s Financial Services Agency (FSA) sent notifications to more than five digital currency exchanges saying that they must heighten their security measures against money laundering after noticing weaknesses in their […]
Litecoin Founder Remains Optimistic Despite Recent Bithumb Hack
Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto […]
Media Lab Project Enigma Partners with Intel on Privacy Research
American multinational technology company Intel has partnered with Enigma on research and development of privacy in computational technologies. Announcing the partnership in a blog post, Enigma said that it was excited to work with Intel as it seeks to advance its protocol and privacy technologies for public blockchains. The partnership […]
US Congresspeople Who Own Cryptos Will Have to Identify Themselves
The time to take a stand on cryptos for US House members has come. Those who have bashed cryptos in public but have secretly been investing in them will now be outed, thanks to a new memo issued by the House Ethics Committee. The committee announced that it had decided […]
EOS Constitution Violated
Seemingly every single day, there is some new drama related to the recently-launched EOS blockchain. The record-setting US$4 billion ICO has made its way into the limelight once more with a recent move by blockchain producers (BPs) to freeze seven user accounts. The EOS blockchain is perhaps the most confusing […]
What Is 21e8?
If you’ve spent much time on crypto Twitter within the past couple of days, you may have seen some discussion and even hysteria regarding a recently-mined block. Block #528249’s six leading characters were “21e800”, a phrase that has grabbed the attention of conspiracists and curious individuals throughout the cryptocurrency space. […]
SEC Continues to Receive Numerous Complaints Involving Coinbase
Coinbase is one of the largest cryptocurrency trading platforms to date. It is accessible in many countries and is quickly expanding its presence. Even so, the SEC has received a growing number of complaints regarding this company, which is rather worrisome. Mounting Complaints About Coinbase While many people put their faith […]
Crypto Facilities Launches Litecoin-Dollar Futures Contracts
It was only a matter of time before new futures contracts involving different cryptocurrencies came to market. Contrary to what most people expected, it appears Litecoin futures are of great interest to Crypto Facilities. It is an interesting concept which will bring more attention to one of the older alternative […]
OPSkins Confirms Steam Account Closure Won’t Disrupt its Business
Fans of the OPSkins platform were recently subjected to a bit of a rude awakening. With Steam threatening to remove this service from the platform and shutting down the associated Valve accounts, a very harsh tone was set. The OPSkins team has issued an official explanation as to what is […]
Decentralized Video Platform BitTube Adds Its First Licensed TV Channel
Decentralizing online video platforms will be both challenging and exciting. Although it will not be easy to do, it would appear BitTube has begun making some big inroads in this regard. The platform recently welcomed its first officially licensed TV channel. A Major Step Forward for BitTube Most people who […]
Experts Claim Most Smaller Chinese Crypto Exchanges Will Shut Down Soon
China lost its dominant position in the cryptocurrency markets quite some time ago. That is the direct result of the People’s Bank of China preventing users from trading cryptocurrencies with the Chinese yuan. According to experts, it seems a lot of the smaller crypto exchanges in the country will soon […]
Markets Rattled as Bitcoin Falls Below $6,100
Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline. The ruling by the court today marks Bitcoin […]
Cboe Says ICO Market Will Come After Investors, and It’s Not Looking Good
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
Law Firm Hired by Bitfinex Confirms Tether Reserves
There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. However, a June 20 report suggests the […]
Bitcoin Price Watch: Currency Sinks to New Low
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. […]
TRON Making Moves as Its Independence Day Draws Closer
TRON has been making headlines as its Independence Day draws closer, and its value has been benefiting greatly. The startup, which aims to develop a decentralized internet, launched its mainnet on May 31, which caused genuine excitement in the crypto community. The launch of the mainnet will see ERC20 token holders […]
Nasdaq Successfully Trials Blockchain-Based Margin and Collateral Solution
Nasdaq has successfully completed a proof of concept to increase the efficiency of the use of securities when used to cover margin calls using distributed ledger technology. The initiative was carried out in partnership with three other stakeholders, the stock exchange announced in a press release on June 19. The […]