In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate […]
Crypto
Apple Bans All Cryptocurrency Mining Applications from Its App Store
A very worrisome trend has begun taking shape as far as iPhones are concerned. Various consumers have begun using these devices to mine cryptocurrencies. Not only is this unprofitable, it will also destroy one’s hardware. As such, Apple has banned cryptocurrency mining applications from its App Store altogether. A Smart […]
Wells Fargo Bans Bitcoin Purchases with Credit Cards
Various banks around the world prevent their customers from buying Bitcoin and other cryptocurrencies. This is especially true when it comes to credit card transactions. It now seems Wells Fargo is the latest institution to impose this unwelcome rule on its customers. Wells Fargo Makes Itself Even Less Popular These […]
Coinbase Will Integrate Ethereum Classic Across All of Its Platforms
Coinbase remains one of the world’s most popular cryptocurrency exchanges. It is a go-to trading platform for a lot of consumers and investors. As such, the company needs to expand its presence and support additional currencies. It seems Ethereum Classic will be added to this platform in the near future. […]
Hacked Coinrail Exchange Is Under Investigation for Money Laundering
It was to be expected that the recent Coinrail exchange hack would not go by unnoticed. Although its impact on the cryptocurrency market has been minimal, the South Korean authorities want to thoroughly investigate the incident. As such, the Coinrail offices have been “taken over” by the Korea Internet & Security […]
Ethereum Price: Dip Below $485 Spells Worrisome Short-term Outlook
After another massive setback for all cryptocurrency markets, it will be interesting to see how Bitcoin and the altcoins evolve in the future. The Ethereum price is taking a massive beating as of right now, as it has dropped below $485 once again. This is not the trend cryptocurrency users […]
Three Bronx Bikers Arrested for Involvement in Cryptocurrency-Related Kidnapping
Crime and cryptocurrency almost seem to hand-in-hand these days. Not a month goes by without some criminal activity involving Bitcoin or other cryptocurrencies. One Bronx biker gang has three men arrested for their involvement in a $2 million cryptocurrency kidnapping and robbery incident. The Bronx Biker Gang-Cryptocurrency Angle While one […]
Getting Into Cryptocurrency on a Budget
One of the best aspects of cryptocurrency is that it is incredibly divisible and almost wholly permissionless (though exchanges can require things like KYC/AML which may deny some access to the under- and unbanked). This means that crypto is generally more accessible to many more people than the legacy financial […]
China State TV: Blockchain Will Be 10 Times More Valuable Than the Internet
China is suddenly bullish on blockchain technology. It has overloaded the cryptocurrency industry with praise over the past few months. The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA […]
Bitcoin Price Watch: Currency Hasn’t Moved in 48 Hours
At press time, bitcoin is still standing at the $7,600 mark. For the last two days, bitcoin hasn’t moved, and has been trapped in the red over news of a Coinrail hack and subpoenas issued by the Commodity Futures Trading Commission (CFTC) regarding bitcoin futures trading data. But is all […]
Former Macau Triad Boss Launching Cryptocurrency
Various entities, users, and companies commonly seek to introduce their own cryptocurrencies. It’s quite challenging to do so successfully, as not all currencies are created equal. Wan Kuok-toi, a former Macau triad boss, is looking to launch his own cryptocurrency and associated blockchain ecosystem. It’s a remarkable development, albeit one […]
Bitcoin.org Removes All BitPay and Coinbase References
It seems the ongoing debate between Bitcoin and Bitcoin Cash has reached a new level of silliness. Although both sides have had a few valid arguments, there are also a lot of incidents which seemingly make little sense. It now appears Bitcoin.org has intentionally removed two companies which recently enabled […]
Russian Government Website Was Affected by a Malicious Cryptocurrency Mining Script
There have been a lot of incidents involving cryptocurrency mining. This has become especially apparent where malicious mining scripts on various websites are concerned. It seems one official website in Russia has fallen victim to a malicious mining attack which ran for ten full days. Another Cryptocurrency Mining Incident It […]
Devolver Digital Makes a Point With Lootbox Coin “Currency”
The pattern of projects issuing their own tokens and currencies willy-nilly has attracted a fair amount of criticism. A lot of ICO projects don’t need their own currencies, or even their own blockchains. Even so, there have been a few projects poking fun at this concept. Devolver Digital, a well-known […]
Tezos Foundation Announces Investor KYC and AML Procedure One Year After Raising Money
Even though it appears the Tezos team has successfully addressed most of the problems holding the project back, more controversy looms on the horizon. More specifically, the team has made it clear they will perform thorough KYC and AML checks for all investors. It’s a remarkable decision, considering that those […]
The Growing List of Bitcoin Forks Which Never Made It
There has been a growing influx of hard forks and airdrops pertaining to Bitcoin, although Bitcoin is still Bitcoin and remains the world’s leading cryptocurrency. In fact, there are so many different iterations of Bitcoin, it is impossible to keep track of them all. Most people will have never heard […]
Bitcoin Price: $6,800 Seems to Hold Despite More Imminent Bearish Pressure
The uneasy situation affecting all cryptocurrency markets will remain in place for some time to come. Despite some minor gains for most currencies, it seems there is still plenty of negative pressure. As such, the question becomes whether or not the Bitcoin price will remain above $6,800 today. So far, […]
XRP Price: Small Recovery Despite Dwindling Trading Volume
It would appear another major price reversal looms on the horizon for all major cryptocurrencies. After a very rough period over the past few days, most of the markets are on the road to recovery. The XRP price is leading the charge among top 10 currencies with a solid 2.54% […]