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News From The Crypto Currencies Scene

2017-09-21 22:08

Despite China going hard on cryptocurrencies, other countries have shown a far pleasant response to the digital assets. Tan Sri Muhammad Ibrahim, Malaysia’s Bank Negara governor, in a recent statement, said that developing Financial Institutions would indicate that Malaysia may be considering embracing Bitcoin.…

2017-09-21 11:57

Swiss Financial Authority Cracks Down On Fraudulent Crypto Scheme

Switzerland's Financial Market Supervisory Authority (FINMA), has reportedly shut down three companies for allegedly running a cryptocurrency scam on September 19. …

2017-09-20 07:23

Mexico To Regulate Bitcoin And Other Cryptocurrencies

Mexico is soon rolling out its new legislation to regulate its fast-paced financial technology sector, which includes firms that use cryptocurrencies like Bitcoin. …

2017-09-19 07:49

Malta Takes A Step Forward To Embrace Blockchain Technology, Introduces Taskforce To Advice On Implementations

Malta, a small island nation is making a lot of news for varied reasons, for hosting Bitcoin meetup and then planning to legalise cryptocurrency wholesale.…

2017-09-18 18:42

Bank Of Namibia Sticks With Old Laws To Reject Bitcoin Exchanges

Bank of Namibia, Central Bank of Namibia, have declared that digital currency exchanges have stood no position in the country under its law which is decades old. The bank has also advised the merchants in the country to not to accept payments for goods and services in bitcoins or any other cryptocurrencies.…

2017-09-18 07:35

As Traders Leave China, Japan Becomes The Largest Bitcoin Market

Japan is currently ruling the Bitcoin exchange market with 50.75 percent market share of the global Bitcoin Exchange market. According to the analysts, the rise in trading volumes at the Japanese Bitcoin exchange is due to the Bitcoin traders exiting China.…

2017-09-17 15:06

The Pirate Bay Reportedly Uses Cryptominers To Earn Revenue

Recent reports claim the popular torrent site The Pirate Bay torrent is using a cryptocurrency miner. The website has reportedly had a JavaScript code which uses your processor to mine digital currency, Monero. As per claims by TorrentFreak, Pirate Bay tested the feature to earn revenue for some 24 hours.…

2017-09-16 10:27

UK Man Faces Eight Separate Charges Of Fraud And Accused Of Stealing £1 Million Worth Of Bitcoin

Ryan Kennedy, a 30-year-old Bath resident, England, denied eight separate charges of fraudulent activities that involved the use of Bitcoin. As per the reports, Kennedy was brought to the Bristol crown court on September 11.…

2017-09-14 04:49

Kin Tokens Out For Sale, But Not For Canadian Investors

Canadian messaging platform, Kik rolled out its ICO in a bid to raise $74 m, with the investors from its homeland missing out on it. The sale for 512 billion Kin tokens started on Wednesday. Due to the regulatory failures investors from major markets for Kik; Canada along with the US, were unable to participate in the ICO sale.…

2017-09-13 07:41

Bitcoin Prices Slips Under $4,000 Mark In Wake Of Rumoured Regulatory Scrutiny

The Bitcoin prices have slipped back below $4,000 in the fear rumoured regulatory scrutiny. The prices of the digital asset fell below $4,000 at around 3:15 UTC today, to reach a record low not observed since September 10.…

2017-09-12 08:26

Cryptocurrencies is the future, says Anton Siluanov

Russian Finance Minister Anton Siluanov said his department will regulate the use of cryptocurrencies in the country by the end of 2017.…

2017-09-11 17:47

Ethereum Records A New Record With Half A Million Transactions Within 24 Hours

The Ethereum network recorded more than half a million transactions in less than 24 hours. Ethereum has quietly made its way to up in and is growing with the number of users increasing with much attention focused on Bitcoin and the Chinese ICO ban.…

2017-09-09 17:22

South Korea On A Move To Bring Stringent Cryptocurrency Laws

South Korea is planning to introduce stricter regulation and monitoring of all the virtual currencies. The country held a special meeting of digital currency task force, which is composed of the Central Bank, financial regulators and cryptocurrency companies, in early September 2017.…

2017-09-08 07:56

Bitcoin Cash Prices Go Up, Crosses $700 Mark

The prices of Bitcoin Cash pushed high, crossing $700 mark on Thursday. The currency was trading for as high as $718 per coin on Thursday morning, up by almost 8%. The digital token has since come down, trading at around $695.…

2017-09-07 09:48

Three Men Arrested By Russian Authorities For Illegal Bitcoin Trading

The Russian authorities recently arrested three men in Russia for their alleged involvement in the illegal sales of digital currency Bitcoin in the past few years. The authorities are further investigating the men for such high volume of trades without acquiring a license and not paying taxes on their earnings.…

2017-09-06 09:26

Australia To Get 2,900 Two-way Bitcoin ATMs

The partnership between two native fin-tech firms will get Australia 500 two-way Bitcoin ATMs.…

2017-09-05 07:16

Bitcoin Prices Plunge As The Overall Crypto Market Loses Billions

Bitcoin prices plunged to below $4,400, two days after recording a historic high of over $5,000 on September 2.…

2017-09-04 10:26

Ukraine Set To Decide Legality Of Cryptocurrencies In Three Weeks

A meeting carried out in late August 2017 to discuss the legal status of the digital currencies in the country by the Cabinet of Ministers on the Financial Stability Board in Ukraine. The ministers agreed to decide on the issue in three weeks.…

2017-09-02 12:50

Litecoin Prices Rise, Experiences Its Highest Ever Trading Volume

It has been an exceptional week for Litecoin as the value of the currency has gone up, as much as $90 per coin. The rise in prices of altcoins comes when the major cryptocoin, Bitcoin is racing and setting its all-time new high, towards $5,000. …

2017-09-01 05:27

Bitcoin Records A New High, Despite Hard Fork On Its Way

The Bitcoin prices briefly surpassed the $4800 mark for the first time yesterday, recording an all-time new high. As per the Bitcoin Price Index (BPI) of CoinDesk, the prices went up as much as $4,802.40 before falling to the previous record marks in the digital coin trading.…