Latest Crypto Currencies News
Rumors Of Egyptian Banks Handling Bitcoin Dismissed By Egyptian RegulatorsJul 16, 2017
The central bank of Egypt dismissed the rumors that banks were allowed in the country to handle cryptocurrencies like Bitcoin. The rumors first appeared on a social media website. The Central Bank acted quickly by alerting deputy governor Gamal Negm, who denied them.
Ether Prices Slides Down Below $190 During Wider Cryptocurrency Market DeclineJul 15, 2017
Amid a significant drop in cryptocurrency markets, Ether prices fell below $190 on Friday. According to CoinDesk data, the currency dipped around 13% from the time it opened the day at $210.81 to about as low as $183.
South Korea Legalizes International Fund Transfer Using BitcoinJul 14, 2017
South Korea has recently passed a law that legalizes international money transfers using Bitcoin from 18th of July. Though a small thing for Bitcoin, it sure will challenge the traditional banking methods and companies with the likes of Western Union, PayPal, etc.
Project Ubu, A South African Payment System UnveiledJul 13, 2017
Project Ubu (Universal Basic Unit), a cryptocurrency payment system was introduced in South Africa by a group of businesspeople that aims to get many users. It also seeks to further give its participants an equivalent of five US dollars a day in cryptocurrency.
IOTA Dives Deep Down With Over 26% Decline In ValueJul 12, 2017
After the drops in the value of cryptocurrencies like Bitcoin and Ether, IOTA, a cryptocurrency designed for the Internet of Things (IoT) declined over 26%.
Ethereum Cryptocurrency Falls Further, Trading Below $200Jul 11, 2017
Ethereum market is sinking and its second day that the fall has continued, with the cryptocurrency value coming down 15% in early trade on Tuesday.
Bitnovo Announces Launch Of 4000 New LocationJul 10, 2017
Bitnovo, Spanish Bitcoin payment platform, has decided to add 4000 new locations throughout the Spain that would allow the customers to purchase Bitcoin using cash in Spain.
Bitcoin And Other Digital Currencies Help Venezuelans Survive Government FailuresJul 9, 2017
Venezuelans are currently surviving the government failures due to digital currencies like bitcoin and dash. There is a series of problems arising due to which even the food is becoming barely affordable.
Princeton University Researcher Receives $450,000 Grant From National Science FoundationJul 8, 2017
A researcher from Princeton University received a federal funding of more than $400,000 to study mechanism incentives and their applications to cryptocurrencies like Bitcoin.
Bithumb To Compensate Customers Affected By The Hacking AttackJul 7, 2017
Customers, whose accounts were compromised during the attack on the South Korea’s leading cryptocurrency exchange platforms’ data system, would be compensated by the exchange.
Ryan Kennedy, Former Dogecoin Exchange FounderJul 6, 2017
The founder of the now-defunct Dogecoin exchange service Moolah, Ryan Kennedy, has been charged with fraud and money laundering by the UK police. Kennedy appeared in court today, under the name Alex Green, created Moolah.
Colombia Plans To Introduce Tax On Bitcoin UsersJul 5, 2017
Digital currencies including Bitcoin were banned in Colombia and the only valid currency allowed is the peso and the country’s central bank, Banco de la República is the only authority entitled to issue the money in Colombia.
Bills To Legalize Cryptocurrencies Likely To Be Introduced In South KoreaJul 4, 2017
Lawmakers in South Korea are in a process to present bills that would change the legal status of cryptocurrencies in the country. Democratic Party Rep. Park Yong-jin will introduce three bills in a bid to form regulatory frameworks for digital currencies.
University Of Sydney Develops A New Blockchain TechnologyJul 3, 2017
A new blockchain technology is being developed by the researchers at the University of Sydney (USYD). Based on the name of Australia’s one of the deadliest snakes, Red Belly Blockchain is believed to have a potential that would revolutionise the global economy.
Scam Claim against Bitcoin and Office Space Investment SchemesJul 2, 2017
Securities and Exchange Commission has made a claim against the undercover founder of Bitcoin platform and a chain of co-working spaces. This charge says Renwick Haddow has created two trendy companies and misled investors. The founder, a U.K. citizen living in New York, has made a broker-dealer without registering the firm under the federal securities laws.
Amid Death Penalty Panic, Chinese Cryptocurrency Exchanges Issue ICO WarningsJul 1, 2017
Illegal ICOs have become an issue for China and the participants can now even face death. The ICO phenomenon could have severe consequences for oblivious Chinese investors.
Japan’s bitFlyer To Offer Insurance To Its RetailersJun 30, 2017
In the first of its kind, the Japenese Bitcoin exchange bitFlyer has decided to partner with Mitsui Sumitomo Insurance to provide merchants for failed transactions involving the virtual currency, a way to receive compensation.
TenX raises $80 Million In ICO, Starta Accelerator Follows The SameJun 29, 2017
TenX, a blockchain based startup from Singapore raised US$80 million from a token sale that was held last week. Another US-based startup is on a lookout to raise US$5 million through ICO, Suggesting of the popularity and acceptance in the Initial Coin Offerings (ICO) in Singapore.
Cryptocurrency Market Back On Track!Jun 29, 2017
After a not so very good time for the cryptocurrency market where almost every cryptocurrency lost its value this week, it looks like the market is coming back to life. Some of the currencies are crawling back to the double-digit value. Though the market has not completely recovered, it looks like its recovering for now.
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