Recent Posts

Bitcoin Cash Hits $1.5K Amid Short-Term Bull Reversal

Bitcoin cash has rallied more than 96 percent from recent lows, but still remains trapped in a bearish pattern, the technical charts indicate. As of writing, bitcoin cash (BCH) is trading at $1,500, as per data source Coinmarketcap. The world’s fourth-largest cryptocurrency by market capitalization has appreciated by 11 percent …

Read More »

Silent No More: Ethereum Users Spurn Recovery Code

The ethereum community has broken its silence over a move to better facilitate the return of funds lost on the platform. In wake of the departure of ethereum developer Yoichi Hirai, who resigned from his role supervising the software’s changes Thursday, community members have stormed Github in resounding rejection of …

Read More »

SEC Suspends 3 Companies Claiming Crypto Connection

The U.S. Securities and Exchange Commission said Friday that it has temporarily suspended the trading of three companies as it looks into statements they made regarding the purchase of cryptocurrency and blockchain-related assets. The regulator announced that the trade of securities for the companies – Cherubim Investments, Inc., PDX Partners, …

Read More »

$10K Again for Bitcoin, But Other Cryptos Outperform

The crypto markets continued to mount a recovery this week, brushing aside fears of a possible lull ahead of the Chinese New Year holiday. At the close of the seven-day session, the total value of all cryptocurrencies is being reported at $471 billion by data source CoinMarketCap, up 22.65 percent …

Read More »

Swiss Finance Regulator to Treat Some ICO Tokens As Securities

Switzerland’s finance regulator has published new guidelines that indicate it will treat some tokens sold during initial coin offerings as securities. In a press release published today, the Financial Market Supervisory Authority (FINMA) said there has been a sharp rise in the number of ICOs launching in Switzerland, resulting spike …

Read More »

Prosecutors Accuse Chicago Trader of $2 Million Crypto Theft

A trader at a Chicago firm has been charged with fraud after he allegedly misappropriated $2 million worth of bitcoin and litecoin and lied about it to his employers. According to the U.S. Attorney’s Office of the Northern District of Illinois, the trader, Joseph Kim, was yesterday charged with wire …

Read More »

Crypto Regulation? Not Anytime Soon, Says White House Official

A White House official said Friday that legislation around cryptocurrencies is unlikely to materialize anytime soon. Speaking with CNBC at the Munich Security Conference, White House cybersecurity coordinator and special assistant to the president Rob Royce offered the dour assessment amidst a recent flurry of discussion on cryptocurrency regulation, which …

Read More »

No, ‘Litecoin Cash’ Isn’t Bitcoin Cash All Over Again

“Be careful out there!” So tweeted litecoin creator Charlie Lee in response to the launch of litecoin cash, a cryptocurrency that’s expected to spin off from his project, the fifth largest cryptocurrency by total value, next weekend, taking its code and transaction history with it. Always outspoken, Lee went on …

Read More »

As Bitcoin Soars, So Do Coinbase Customer Complaints

It was around midnight, January 31, when K. received an email from Coinbase containing a 1099 tax form. That was strange enough – K. certainly didn’t expect a cryptocurrency exchange to be a conduit for government documents. Then K. looked at how much Coinbase said he owed money on: $2.4 …

Read More »

Crypto Asset Lending Startup BlockFi Raises $1.55 Million

New York-based startup BlockFi, which provides loans to crypto-asset owners using their bitcoin and ether holdings as collateral, has secured $1.55 million in a just-closed funding round. The company, which received backing from ConsenSys Ventures, SoFi and Kenetic Capital among others, wants to “bridge the gap” between capital markets and …

Read More »

Ethereum Developer Resigns as Code Editor Citing Legal Concerns

Ethereum developer Yoichi Hirai has resigned as one of the platform’s code editors, citing concerns that a contentious proposal may be in violation of penal law. Named EIP 867, the proposal defines a method to better facilitate the return of lost funds on the platform. Speaking on GitHub, the developer …

Read More »

MIT Professor Raises $4 Million to Build a Better Blockchain

The developers of the Algorand blockchain protocol have raised $4 million in seed funding. The funding support came from venture capital firms Pillar and Union Square Ventures, the startup behind the protocol announced today. Algorand constitutes a digital currency and transaction platform, with its underlying protocol co-authored by MIT professor …

Read More »

Surging Litecoin Is Leading the Crypto Price Recovery

The crypto market recovery is looking stronger by the day, and litecoin is leading the way. As of writing, the total market capitalization of all cryptocurrencies stands at $466 billion – its highest level since Feb. 2, and a 68 percent rise from the low of $276 billion seen on …

Read More »

Philippines Banks to Use Visa’s Blockchain Payments Platform

Five banks in the Philippines are reportedly grouping up to use Visa’s blockchain-based payment platform. As part of a new arrangement, the Union Bank of the Philippines (UnionBank) will assist four unnamed rural banks that are seeking to boost the efficiency of their payments processes by building a local platform …

Read More »

CFTC Joins SEC In Warning Against Crypto Pump-and-Dumps

The Commodity Futures Trading Commission (CFTC) on Thursday issued a warning about cryptocurrency pump-and-dump schemes. The release, published Thursday, marks the latest investor warning from the U.S. commodities and derivatives regulator. Earlier this month, the agency put out an advisory that urged caution around investing in cryptocurrency retirement accounts. Other …

Read More »

European Authorities Seek Arrests in Bitcoin Scam Investigation

Interpol is seeking suspects on behalf of Austrian authorities who are investigating an alleged bitcoin scam that affected as many as 10,000 investors within the country and abroad, resulting in what could be tens of millions of dollars in losses. According to Bloomberg, the investigation that is underway is focused …

Read More »

Bitcoin Price Tops $10K Across Major Exchanges

Bitcoin’s price is back above $10,000 for the first time since December of last year, shortly after it had charted a course to record highs near $20,000. Since the Feb. 6 low around $6,116 (as per CoinMarketCap) – a correction that saw bitcoin lose 69.5 percent of its value from …

Read More »
error: Bài viết được bảo vệ!