Cryptocurrency News
Bitcoin and other cryptocurrencies tend to attract a lot of attention. Not all of this attention is positive, and financial experts often condemn Bitcoin for having no real value or future. The following list of individuals is ranked by their “clout” in the world, even though virtually all of these […]
At first glance, you might think of blockchain as being dominated by hotshot entrepreneurs and twenty-something nerds sitting at their computers all day. And you wouldn’t be completely wrong. Yet, there’s plenty more to blockchain than the disruptive tag it’s been labeled with or the stereotypes we hold. Coming up […]
Filecoin intends to launch its decentralized storage mainnet in mid-2019, the company revealed in its Q1 and Q2 update on August 28. The mainnet launch will be preceded by the launch of the first public Filecoin testnet slated for Q4 2018 during which the go-filecoin nodes will be tested vigorously […]
The U.S. Securities and Exchange Commission has rejected applications from three applicants for nine Bitcoin exchange-traded funds (ETFs). The agency disapproved five leveraged and inverse ETFs from Direxion, one from GraniteShares, and another two from ProShares which would have tracked Bitcoin futures contracts. The rejections came only a day ahead […]
A New York judge has issued a court order permanently banning a New York-based crypto promoter whose firm was accused of defrauding investors and failing to deliver on its promises. In his ruling, Judge Jack Weinstein stated that the crypto firm, CabbageTech Corp., had defrauded investors using false statements, and […]
Craig Wright has always been one of the more interesting individuals in the cryptocurrency industry. Despite claiming he is Satoshi Nakamoto, the rest of the world remains unconvinced. A recent debate between him and Vitalik Buterin has only further tarnished Wright’s reputation. Faketoshi Copies Coding Samples It is a bit […]
By now you have heard that the SEC rejected 9 Bitcoin ETFs, and these decisions don’t seem to have affected the market like the last rejection it handed down. So why did the commission deny these ETFs, and why hasn’t the development taken the market into yet another slump? The […]
At press time, the father of cryptocurrency has jumped to $6,700 – the highest it’s been in a while. This is about $200 “taller” than where it stood just 24 hours ago. Many sources claim that the bitcoin market is beginning to show signs of maturing. The latest sign comes […]
Despite the growing popularity of cryptocurrency, some of the industry’s key issues remain in place. Scams and fraudulent projects have become the new normal over the years. Fighting such trends has proven to be very difficult, if not impossible. With the help of Uppward, that situation may come to change fairly […]
At press time, the largest cryptocurrency by market cap is trading in the $6,400 range and is virtually unchanged from yesterday and the day before. $6,400 is obviously a comfortable spot for bitcoin; it has remained here for some time and isn’t showing any signs of moving. Interestingly, bitcoin suffered […]
The security premise of blockchain distributed ledgers is that they constitute a system where everyone verifies everything, similar to how polygraph lie-detector machines operate – replicating the same output in several databases. However, as blockchains and the cryptocurrencies they sustain grow in popularity and adoption picks up, such an arrangement […]
Even though current prices would not necessarily reflect it, the cryptocurrency industry is in a good place. Global interest in Bitcoin and altcoins continues to rise, although there is still a very long way to go before mainstream adoption becomes a thing. Unfortunately, this growing industry also attracts a lot […]
It is an honor to speak to you. I am Chief Executive Officer, Jimmy Watson at Team McAfee. Founder, John McAfee and I apologize for the unexpected intrusion in your otherwise busy day. I thank you for taking the time to carefully read this important message. Luke Jenkins has worked […]
When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based […]
Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, […]
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. As part of its plan to spearhead innovative growth, the government will invest $4.4 billion in eight sectors […]
The US Financial Crimes Enforcement Network receives over 1,500 suspicious activity reports (SARs) related to cryptocurrencies, the agency’s director has revealed. The majority of them come from money service businesses (MSBs), stakeholders in the digital currency industry and other financial institutions. The director also noted that the agency has been […]
One of the bigger mysteries in the cryptocurrency world is the matter of who Satoshi Nakamoto is. The infamous creator of Bitcoin and blockchain, Nakamoto is still an unknown individual or group to the rest of the world. A new campaign on Russia’s Boomstarter aims to collect capital to reveal Nakamoto’s […]