Latest Crypto Currencies News
Fake Ether App rises to #3 on Apple’s App Store, taken offDec 12, 2017
An app pretending to be MyEtherWallet, a free service for storing digital currencies, soared to the top of the iOS App Store before being taken down. The threat has come following a great week for Bitcoin and other crypto currencies wherein the crypto currency market witnessed an increase by more than 20 percent while the price Bitcoin broke $17,000 barrier for the first time.
Bitcoin makes firm debut on Wall StreetDec 11, 2017
Bitcoin entered the world of mainstream finance on Sunday, December 10, 2017, with the Chicago Board Options Exchange (CBOE) Global Markets’ launch of Bitcoin future contracts. In the debut session on CBOE’s exchange, the crypto currency surged as much as 25 percent.
Bitcoins worth millions stolen from mining siteDec 8, 2017
A Bitcoin mining company in Slovenia, NiceHash, has reported a heist of tens of millions of dollars. The incident has happened just days before the virtual currency starts trading on major U.S. exchanges.
Bitcoin shakes bubble caution; hits $17000Dec 8, 2017
Bitcoin has carried on its unstoppable rally to pierce through $17000 amid speculations of the nearing bubble bust. According to the latest available data on coinmarketcap.com, the BTC/USD pair is trading at $17,096.80.
Intercontinental Exchange holds back on crypto-futuresDec 7, 2017
After having put a lot of thought into the idea of futures contracts on crypto currencies such as Bitcoin, Intercontinental Exchange (ICE) has held back the move. According to the chief executive of ICE Jeff Sprecher, the opaque nature of the underlying markets has made them stay put.
Crypto Market Nears $400 BillionDec 7, 2017
The value of Bitcoin has experienced a surged on the back of a strong trading session at night on Tuesday, having risen by 10 percent to top $14,000 for the first time
RBI raises another alarm over Crypto CurrenciesDec 6, 2017
The Reserve Bank of India (RBI) has issued a public warning on the use of crypto currencies for the second time this year. India's central banking institution warned adopters (“users, holders and traders”) of virtual currencies (VCs) such as Bitcoin, regarding “potential economic, legal, financial, operational, customer protection and security related risks.” The first caution had come earlier in February this year.
Bitcoin consolidates, break above $12000Dec 6, 2017
Bitcoin has reached a fresh record high, breaking $12k on Tuesday and strengthening its gains. No clear catalyst was identified to have led to today's upsurge, although the positive impact of CBOE offering bitcoin futures might have carried over.
Venezuela President unveils oil-backed crypto currency ‘petro'Dec 5, 2017
Venezuelan President Nicolas Maduro has turned to the world of crypto currencies, announcing the launch of virtual currency “petro” backed by oil reserves.
UK, EU mull over Crypto CrackdownDec 5, 2017
The UK and EU countries mull over a crackdown on the crypto market with the aim to bring digital currency in line with anti-money laundering and counter-terrorism financial legislation. The UK government is reportedly negotiating amendments to the anti-money-laundering directive.
Bitcoin hits record high; experts foresee $45k by 2018 endDec 4, 2017
Bitcoin has touched a new high. On December 3, the Bitcoin value achieved a new all-time high at $11,874. Earlier on Saturday, Bitcoin picked up steam to cross $11,000 barrier for the second time this week.
Bitcoin isn’t a currency: Bank of France GovernorDec 2, 2017
The governor of the Bank of France, Francois Villeroy de Galhau, has called Bitcoin is a speculative asset. Villeroy also warned those pondering over investing in Bitcoin, stating that those who do, do so entirely at their ‘own risk.’
Crypto currency is illegal in India: FM JaitleyDec 2, 2017
Crypto currency has been deemed illegal in India. The Finance Minister of India, Arun Jaitley, has said that India does not recognise crypto currency as a legal tender.
After Bitcoin’s $10k, Ethereum makes history crossing $500Dec 2, 2017
Now, Ethereum has done it! The second largest crypto currency by market size, Ethereum (ETH) has crossed $500 milestone for the first time. The data from cross-exchange resource Coinmarketcap shows ETH is currently trading at around $440, after registering a new high to reach $522 before falling.
Nasdaq mulling plan for Bitcoin futuresDec 2, 2017
The Nasdaq exchange, the second-largest stock exchange in the world, may begin to offer Bitcoin futures next year. Bitcoin futures are an in-demand option, driving a number of exchanges to consider the possibility.
90% Crypto Mobile Apps “Not Secure”Nov 29, 2017
A recent research has found the vast majority of mobile crypto currency wallet apps employ poor security. The San Francisco based security firm High-Tech Bridge analyzed more than 2,000 crypto mobile apps on Google Play.
Bitcoin crosses the colossal $10,000 milestoneNov 29, 2017
Bitcoin has crossed the colossal $10,000 milestone. The world’s leading crypto currency, with a market cap of $160 billion, has been on an incredible run this week. At the moment, Bitcoin is trading at $10064.00. (Source: CoinMarketCap)
Crypto Market becomes $300 Billion StrongNov 28, 2017
This has been a remarkable week for digital currency. After a record-setting Bitcoin price rally, the total cryptocurrency market cap has achieved a new milestone – crossing the $300 billion threshold for the first time.
Korea’s Second Largest Bank Working on Bitcoin WalletNov 27, 2017
Shinhan Bank, the second largest bank in South Korea, is reportedly working on its bitcoin “vault and wallet services.” In a first for the banking industry, Shinhan would become the first major bank to offer Bitcoin storage services direct. The bitcoin vault and wallet platform is expected by mid-2018.
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