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 […]
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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 […]
What Is Taxbit?
Filing taxes pertaining to Bitcoin and other cryptocurrencies remains a very big problem for a lot of people. While some interesting tools exist, the process needs to be made easier and more straightforward. Taxbit can be a very helpful tool in this regard, although it may not be for everyone. […]
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 […]
Sixth-Largest Crypto Exchange Bithumb Hacked, $30 Million Lost
The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns. This isn’t the first time that […]
Genesis Mining Relaunches Bitcoin Mining Contracts
Genesis Mining is the leading cloud mining provider in the cryptocurrency world, and they’re once again issuing Bitcoin mining contracts for miners who don’t have the time, expertise, or wherewithal to get their shovel dirty in the crypto sphere. Mid last week they’ve announced the relaunch of their popular Bitcoin […]
‘Next Generation’ Crypto ATMs Set to Hit Europe This Year
Trilliant aiming to have 500 next generation cryptocurrency ATMs in operation by 2019 to cater to the growing need of consumers who wish to purchase cryptocurrency tokens. Disclosure: This is a Sponsored Article The increasingly prevalent cryptocurrency ecosystem has historically been devoid of one integral transactional facility – the ability […]
Hydro-Quebec Increases Electricity Prices by 300% for Bitcoin Miners
Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As such, the rates will be increased by up to 300%, which might […]
Japan’s FSA Will Take Action Against bitFlyer and Other Registered Exchanges
It has become apparent that the Japanese Financial Services Agency is closely monitoring all domestic cryptocurrency exchanges. Any wrongdoings will be pointed out quickly and the issues will need to be addressed accordingly. Various registered operations will face administrative sanctions later this week. The Japanese FSA Takes Harsh Action Ever […]