News From The Crypto Currencies Scene

2017-01-26 03:33
Russia Takes a More Lenient Stand on Bitcoin Use
In an interview for TASS news agency, Russian Deputy Finance Minister Alexei Moiseyev stated that currently Bitcoin does not pose an immediate threat to national economic security.…
2017-01-25 02:58
Chronobank Taps into Wallet Provider Lykke s Potential to Promote Token Trading
A recent announcement reveals that Chronobank is joining forces with the Swiss cryptocurrency trading platform Lykke to list the Labor Hour (LH) tokens on its exchange.…
2017-01-24 02:54
Leading firm predicts 2017 to be ground breaking for Blockchain
However, as per the author of a leading online technology magazine, 2017 will be a ground-breaking year for Blockchain. Claiming a success rate of 75% in their previous prediction, this author has claimed that 2017 will see a drastic fall in the number of fintech companies.…
2017-01-23 04:52
Cold Hard Digital Currency
IN A $500 MILLION DOLLAR move, Grayscale Investments LLC., has filed to list its Bitcoin ETF securities on the New York Stock Exchange (NYSE), according to the Securities and Exchange Commission. …
2016-12-26 13:14
Bitcoin Breaks The 900 Mark
Bitcoin has reached its highest mark since February 2014. Some users believe the uptrend to continue and possibly even surpass an all time high of $1100.…
2016-10-28 17:00
Zcash New Cryptocurrency Introduced
Zcash, a new cryptocurrency was introduced yesterday on the digital currency market.…
2016-10-26 17:44
Bitcoin Reaches New High Since Bitfinex Hack
Bitcoin has reached its peak since the Bitfinex hack incident happened around three months ago where approximately $72 million in bitcoin got stolen and let the bitcoin price crash end of July 2016.…
2016-10-19 15:11
Russia Testing Its Own Cryptobased Technology
Russia is known to be one of the most opposing countries towards cryptocurrencies but they seemed to have opened up to the idea of it as long as it is within their control.…
2016-10-12 06:45
Bitcoin's price is back on the upswing
Bitcoin's price deluged on 11th October during a sharp change in market confidence, at least that is how analysts call it.…
2016-10-10 08:05
The FBI is investigating a 1 3 million Bitcoin looting
An unnamed Bitfinex user alleged that funds were stolen from their account. The FBI is investigating the report. According to a report filed on 14th September, Cambridge resident stated that they lost $1,3 million in Bitcoin tied to the hack and subsequent $70 million theft from Bitfinex.…
2016-08-05 12:26
Another hack another crash Bitcoin makes a 12 percent nosedive
The price of one bitcoin has decreased by 12 percent, after it was annouced that the Hong Kong exchange Bitfinex was hacked. Over 120,000 bitcoins with a total value of more than $60 million was looted.…
2016-08-01 09:33
Bitcoin price drops 30 as miners meet bitcoin core developers
Yesterday, on July 31st, between 02:00 and 02:30 UTC, the price of one Bitcoin dropped from around $654 to $638 and hasn't recovered yet.…
2016-07-11 07:39
Bitcoin now a valid currency for cars
Initially bitcoin seemed like a hype for the elite, but the skepticism around the digital currency slowly begins to fade. More and more places accept the bitcoin as valid currency, even in places where you wouldn't expect it (yet). Since this month you can pay for your passport in Switzerland for example. The currency has also been introduced in the Netherlands to the car market.…
2016-07-11 06:08
Bitcoin mining less rewarding supply halved
The mining of bitcoins just got a lot harder this weekend: the reward for miners was halved yesterday. Where there were previously 25 bitcoins (approximately $16,000) to be mined every 10 minutes, there has now to be fought over 12.5. This measure automatically kicks in every four years as part of an attempt to curb inflation that would come from both a growing number of miners and ever-faster computers.…
2016-06-25 08:55
Bitcoin above 650 again after Brexit
The value of the Bitcoin has risen sharply as a reaction on Brexit, the “British exit” of the European Union. The course of one bitcoin is at this moment $678 and change.…
2016-06-23 13:39
53 million worth of digital currencies stolen from investment fund
The trust in cryptocurrencies has had a big punch after a hacker was able to abstract $53 million from the investment fund The DAO. DAO is short for 'decentralized autonomous organization'. Multiple experts wrote that the hack was possible thanks to a mistake in the code. The platform uses the digital coin ether, which is seen as the possible successor of bitcoin.…
2016-06-21 08:47
Self proclaimed founder of bitcoin attempts to patent bitcoin
It is still highly doubted whether or not Australian Craig Wright is the real founder of the bitcoin. Wright couldn't care less about what people believe or not. Earlier this year he claimed to be the founder of the bitcoin and right now he is attempting to patent his 'invention'.…
2016-06-15 14:00
WB21 first digital bank to accept deposits in bitcoin
Digital bank WB21 is the first of its kind to enable bitcoin deposits. Customers looking to transfer and deposit funds into their checking accounts from now on can do so in bitcoin.…
2016-06-13 17:19
Bitcoin competitor Ethereum rose 1 700 percent in value this year
The march of Ethereum seems unstoppable. The cryptocoin rose 1,700 percent in value this year and is, after the bitcoin, the most valuable digital currency in the world.…
2016-06-13 15:46
Marketable value Bitcoin transcends 10 billion
The total value of the digital currency bitcoin transcended past the $10 billion mark. The value of the currency saw a big rise last weekend.…

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