Latest Crypto Currencies News
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.
OneCoin Under Heat From Another Three CountriesJun 28, 2017
OneCoin Ponzi Scheme is under the radar of another three countries. Vietnam, Norway and Belize are currently investigating the infamous Ponzi scheme that is still in full effect despite facing heat from the law enforcement agencies.
Asus Launches New Graphics Cards Aimed At Cryptocurrency Mining MarketJun 28, 2017
Asus, Taiwan-based hardware manufacturer has announced the release of new graphics cards that are aimed at cryptocurrency mining market.
Major Cryptocurrencies See A Fall After A Massive SelloutJun 27, 2017
The cryptocurrency market has seen severe fluctuations for about two weeks now. In the latest updates of the events, the cryptocurrencies on Monday saw a massive fall off that was led by Bitcoin and Ethereum due to some profit taking.
eSports’ Skincoin Token To Be Launched To Buy And Sell Skins For Popular GamesJun 24, 2017
Millions of gamers, to buy and sell skins for popular games like Counter-Strike: Global Offensive, Dota 2 or Team Fortress 2 would be able to use a single token called Skincoin, which is being developed by eSports industry’s team of developers.
Flash Crash Drags Ethereum From $317 To $0.10Jun 23, 2017
Ether price on Wednesday came crashing down in what is called “flash crash” from an initial $317.81 to $224.48 to as low as $0.10 eventually.
Russia Rushes To Intensify GPU Shortage As Cryptocurrency Mining Offers Almost Double The Average WageJun 22, 2017
With a massive increase in the demand for graphics cards following the cryptocurrency mining mania, the European consumers and especially Russian consumers are facing graphics card shortages.
Dash Prices Surge To Reach $200 MarkJun 21, 2017
After its last $100 record high in March this year, the price of Dash currency is trading over $200 for the first time ever.
Ripple Protocol Is the Choice For The National Bank Of Abu DhabiJun 20, 2017
The largest barriers to cryptocurrencies to enter the broader financial world are long transaction settlement times and unstable fees.
Travellers To The US Would Need To Declare Bitcoin At The BorderJun 19, 2017
Senator Chuck Grassley introduced a new Congressional bill. If this bill is passed, it would likely affect the cryptocurrency investors around the globe.
Litecoin Market Capitalisation Drove Over $2 Billion, Following Large Speculative Inflows From China and KoreaJun 18, 2017
Friday evening saw Litecoin (LTC) become the world’s 4th most valuable cryptocurrency. It was possible only after Litecoin’s market capitalisation drove above $2 billion mark, following large speculative inflows from China and Korea.
Catalyst, Cryptocurrency Investment Trading Platform Launched By MIT GraduatesJun 16, 2017
A trading platform solely dedicated to the cryptocurrencies has been created by a group of MIT graduates. The traders are allowed complete control over their data and make a profit while preserving anonymity is one of the unique characteristics of this platform, also that they can incorporate any variable they have into the algorithm.
Coinbase Crashes Following Bitcoin and Ethereum CrashJun 16, 2017
The Thursday turned out to be bloodshed for Bitcoin and Ethereum prices since they slashed as much as 25%. The tragedy hit harder when Coinbase, leading cryptocurrency exchange went completely offline by 9:35 a.m., which made it impossible for investors to trade for much of the selloff.
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