News From The Crypto Currencies Scene

2017-02-24 03:43
West Virginia Includes Bitcoin in Money Laundering Bill
A new bill aimed at criminalizing money laundering offences has been introduced in the West Virginia House. The focus of the new piece of legislation is on laundering criminal proceeds through financial transactions, and it explicitly includes cryptocurrency in the scope of the monetary instruments covered by the proposal.…
2017-02-23 02:45
OroCoin Launched on Cryptocurrency Exchanges
A unique type of cryptocurrency, OroCoin, has been introduced on the market and is already traded on C-Cex.com, Nova Exchange, Cryptopia and other prominent digital currency exchanges.…
2017-02-22 03:13
Swiss Canton Planning to Introduce Local Digital Currency
A regional cryptocurrency stands chances of being put into circulation in Ticino, the southernmost canton of Switzerland. The digital currency named ticinocoin has been developed by IT scientists Claudio Rossini and Michele Fiscalini. Tribune de Geneve has reported that the cryptocurrency project has successfully gone through its pilot stage.…
2017-02-21 02:27
Cryptocurrency BitBay Offers Top Security and Advanced Wallet Features
Cryptocurrency software BitBay which provides a smart contracting interface with decentralized markets is once again in the limelight. The program is free and has a high level of security as it executes direct buyer-seller transactions while doing away with centralized services. This is exactly the kind of protection most users of services like eBay Classifieds, Craigslist and Hoobly are looking for.…
2017-02-20 04:21
Bitcoin Unlimited Surpasses SegWit Might Face Fork Soon
Bitcoin Unlimited blocks mined by clients have hit a record of 28.5% of the network total, thus passing SegWit adoption for the second time this month.…
2017-02-19 07:44
BlockchainOS Tackles Ethereum Issues Through Crowdfunding Campaign
Korean cryptocurrency company BlockchainOS will hold a BOScoin ICO (Initial Coin Offering) between April 17 – May 31, 2017.…
2017-02-18 02:37
Cryptocurrency Exchange BTCChina Prolongs Withdrawal Restrictions Until Mid March
More repercussions stemming from PBOC’s strict warnings to cryptocurrency exchanges in China are alreadyevident as BTCChina has extended its bitcoin withdrawal delay to March 15.…
2017-02-17 11:12
KPMG and Microsoft Address Blockchain Technology Development
KPMG International and Microsoft Corp. are joining forces to set up “Blockchain Nodes” that will foster the development of a start-up ecosystem for blockchain technology. The joint project also aims at solving clients’ issues as far as the application of the innovative technology is concerned.…
2017-02-16 03:45
Bank of Uganda Cautions Against Investment in Cryptocurrency
The national Bank of Uganda has circulated a statement warning citizens against investing in digital currency. The reaction of the financial institution has come about following an aggressive media campaign by One Coin to attract customers. The videos published by the bitcoin platform show various images of people boasting huge amounts of money in international currencies…
2017-02-15 05:08
Chinese Cryptocurrency Exchange BitKan Imposes Restrictions Based on PBOC Guidelines
Chinese bitcoin exchanges are required to adopt more rigorous AML standards following recent directives from the PBOC. As a result, BitKan, a Shenzhen digital currency marketplace, has temporarily suspended new registrations until they align their AML rules with the new regulation.…
2017-02-14 03:59
Seoul to Host Cryptocurrency Conference This Month
A conference named “Cryptocurrency 2017: From Reward Points to Cryptocurrency” is to be held on Feb 20 at the Korea Technology Center (Teheran-ro) in Seoul. It is jointly organized by EconoTimes and THEblockchain.…
2017-02-13 05:04
Cryptocurrency Exchange BitNZ Closes Down Due to Withdrawn Banking Service
BitNZ, a former leading Bitcoin exchange in New Zealand, has announced its upcoming closure. The shutdown comes following denial on the part of banks to continue servicing the platform. …
2017-02-12 05:51
World s First Bitcoin Bank Opens in Austria
A physical Bitcoin bank has opened in Vienna, Austria. Berliner blockchain start-up Bit Trust Services is behind the Bitcoin-Bank, according to a report in Austrian English-language news website “The Local”.…
2017-02-11 04:21
Byteball to Deliver Second Round of Digital Currency Distribution
Cryptocurrency platform Byteball has announced its second round of token (byte) release which will take place on Feb 17 at 0:33 (UTC).…
2017-02-10 04:42
Accenture Improves Blockchain Security
Accenture Plc has come up with a blockchain security enhancement system that is expected to make cryptocurrency adoption quicker.…
2017-02-09 02:38
China s Central Bank to Summon Bitcoin Exchanges
Confidential sources have reported that a private meeting is to be held Wednesday between China’s central bank and several domestic cryptocurrency exchanges. It is expected that the move will result in stricter control over digital currency trading.…
2017-02-08 04:14
Cryptocurrency Exchange Bitsane Introduces AdvCash DASH and ICN
Bitcoin exchange platform Bitsane, which operates from Ireland, has expanded the variety of cryptocurrency it supports by adding the AdvCash e-wallet service along with the DASH and Iconomi (ICN) blockchain assets…
2017-02-07 02:37
SurBitcoin Freezes Services Following Crackdown on Bitcoin Mining in Venezuela
Major Venezuelan cryptocurrency exchange SurBitcoin has announced temporary suspension of its activity after its bank account was closed by the state’s largest bank. The reason for the intervention has not been disclosed but it is rumoured that the authorities’ recent tight stance towards bitcoin mining businesses might be to blame.…
2017-02-06 02:38
Another Record Increase in Bitcoin Mining Difficulty
Bitcoin mining difficulty has hit a record-high with an increase of 7.43% registered on Feb 5. This comes following an unprecedented rise in the hashrate.…
2017-02-05 03:58
Caution Advised by Indian Central Bank As Regards Use of Cryptocurrency
A cautionary statement by the Reserve Bank of India (RBI) published Feb 1 alerts anyone dealing with cryptocurrency to the potential “financial, operational, legal, customer protection and security related” risks stemming from such transactions.…

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