Jack Ma remains skeptical of Bitcoin and other cryptocurrencies and believes that they could be a bubble. Having taken that stand for quite some time now, Ma still thinks cryptos haven’t proven themselves to be better alternatives to fiat currencies so far. However, he is a blockchain proponent and believes […]
News
Crypto news
Reserve Bank of Australia Has Some Interesting Views on Bitcoin
Australia is quickly positioning itself as a very interesting location for cryptocurrency and blockchain development. Although the overall climate appears relatively positive, it remains to be seen how things will play out. The Reserve Bank of Australia is still not convinced that Bitcoin and its cohorts are here to stay […]
$17 Million Worth Of Bitcoin Seized From A Dark Web Drug Ring
Bitcoin has been associated with criminal activities for a long time now and while the crypto community has refuted such claims, an increasing number of instances involving the use of Bitcoin in crime suggest otherwise. The latest is the indictment of two men from Maryland by the US Department of […]
Japan Introduces Additional Crypto Regulation to Crack Down on Money Laundering
Japan is a very different country when it comes to cryptocurrency activity. With its open-minded approach and legitimization of Bitcoin, an interesting situation has been created. It now seems officials will subject crypto investors to credit evaluations. Another Positive Regulatory Development In Japan, cryptocurrency regulation has become rather interesting to […]
New EU Directive Further Erodes Cryptocurrency Anonymity
A lot of people still assume all cryptocurrencies are anonymous. That is not the case, though, and it seems that situation will only become more apparent moving forward. EU regulators are actively cracking down on any and all anonymity associated with cryptocurrency, which could have all kinds of consequences. Another […]
Pigzbe Wants to Make Cryptocurrency More Appealing to Children
Making cryptocurrency more appealing to the masses is one of the more interesting social experiments to keep an eye on. So far, no real progress has been made other than for speculative purposes. Pigzbe may be introducing a major change in this regard, as its cryptocurrency wallet is primarily designed […]
Cryptocurrency Exchange Insurance Policies Remain Difficult to Come By
Running a cryptocurrency exchange may seem easy on paper. In the real world, it is very difficult. Dealing with new users, ensuring operations remain normal, and even obtaining insurance are just some of the struggles these companies go through. Insuring a Cryptocurrency Exchange There is a good reason why any […]
ING Experts Present a Bullish Outlook for Cryptocurrency Adoption
It is evident the year 2018 has not been kind to Bitcoin and other cryptocurrencies. With the prices still in the dirt compared to late 2017, interest in these assets should be waning. According to some experts, that is anything but the case. In fact, ING believes interest in Bitcoin […]
Another Cryptocurrency Hedge Fund Attracts VC Funding
Even though the current market momentum might not warrant any excitement, cryptocurrency hedge funds are still quite popular. Union Square Ventures has recently made a strategic investment in Multicoin Capital. This relatively new crypto hedge fund has attracted a lot of attention of late. The Appeal of Multicoin Capital As […]
Monero Price: Green Territory Where Others Remain in the Shallow Red
With the day almost coming to a close, it would appear there may be some positive short-term momentum for all cryptocurrencies. A few coins have gone in the green, whereas the others have recovered from the most recent setback. The Monero price continues to impress, as it has gained another […]
2018 Thiel Fellows Include Four Blockchain Startup Founders
Every year, 20 individuals get the prestigious opportunity to have their dreams supported by the Thiel Foundation, a nonprofit organization founded by PayPal co-founder and renowned entrepreneur Peter Thiel. The winners are recognized for their courage to pursue their dreams and receive $100,000 for their companies. They also get mentorship from […]
200 Computers Used to Mine Cryptos Seized by Chinese Police
Crypto mining has been grabbing headlines in recent weeks, whether it’s the proposed moratorium in Missouri or the hiked power prices in Quebec. Most recently, a crypto miner who attempted to ‘steal’ power for his mining operations was arrested and his equipment confiscated. As reported by local media, the culprit […]
Bitcoin Price Watch: Currency Drops Another $200
At press time, the father of cryptocurrencies is hovering just over $6,000, marking a $200 drop from yesterday’s main trading position. The currency has been very up-and-down over the past few days, falling to $6,100, then spiking to $6,300 before incurring its present losses. It is unclear when – or […]
Tron Independent Group to Oversee the Initiation of the Mainnet
After months of anticipation, the TRON mainnet was initiated at 10 a.m. on June 25, a process that was completed by the Tron Independent Group (TIG). This is a community consensus-based group that was tasked with the smooth transition and which was entrusted with handling 342 million TRX tokens held by […]
Bitcoin Cash Price: Negative Pressure Seeks to Push Value Below $700
The current cryptocurrency market situation looks no better than it did late last night. In fact, the current market conditions are even worse than they were less than 24 hours ago. All currencies remain in the red, and it remains to be determined if the Bitcoin Cash price can remain […]
Coinbase Should Add XRP to Its Platform: Ripple CEO
Coinbase and Ripple have been at it for quite some time now. The two San Francisco-based companies have long been linked, with rumors of the exchange listing the token surfacing every so often. These rumors always create an excitement in the XRP community and the crypto universe in general, which […]
Contradictory Reports Emerge on Crypto Taxation in South Korea
One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to […]
TRON Price: Onslaught Drives Price Below $0.4 in Quick Succession
The expected bearish pressure is hitting all cryptocurrency markets once again. Bitcoin is on the verge of dropping below $6,100 again, and all other currencies are taking a similar approach. It would appear the TRON price has taken a major beating again, even though it seems the worst may be […]