News From The Crypto Currencies Scene

2017-07-18 06:01
Ethereum Climbs Back Slowly After The Weekend Crash
Ethereum seems to be coming back in the game with the prices stabilizing over the weekend, ever since the crash. The currency was trading at as low as $140 an ether after slipping down more than 25%. The currency is trying to take back its position and is currently operating at $166.…
2017-07-17 07:07
From The All Time High Cryptocurrency Market Sinks By About 50%
The total value of the digital currencies has further declined in the last 48 hours by more than $10 billion. The market has come crashing down ever since it reached its all-time high of $115 billion in mid-June to dropping down to 46.9%, coming down at $61bn.…
2017-07-16 09:49
Rumors Of Egyptian Banks Handling Bitcoin Dismissed By Egyptian Regulators
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.…
2017-07-15 06:28
Ether Prices Slides Down Below 190 During Wider Cryptocurrency Market Decline
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.…
2017-07-14 04:18
South Korea Legalizes International Fund Transfer Using Bitcoin
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.…
2017-07-13 07:48
Project Ubu A South African Payment System Unveiled
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.…
2017-07-12 07:27
IOTA Dives Deep Down With Over 26% Decline In Value
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%.…
2017-07-11 05:51
Ethereum Cryptocurrency Falls Further Trading Below 200
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. …
2017-07-10 07:48
Bitnovo Announces Launch Of 4000 New Location
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.…
2017-07-09 11:34
Bitcoin And Other Digital Currencies Help Venezuelans Survive Government Failures
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. …
2017-07-08 10:08
Princeton University Researcher Receives 450 000 Grant From National Science Foundation
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.…
2017-07-07 07:47
Bithumb To Compensate Customers Affected By The Hacking Attack
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.…
2017-07-06 07:29
Ryan Kennedy Former Dogecoin Exchange Founder
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.…
2017-07-05 08:59
Colombia Plans To Introduce Tax On Bitcoin Users
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.…
2017-07-04 08:57
Bills To Legalize Cryptocurrencies Likely To Be Introduced In South Korea
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.…
2017-07-03 07:21
University Of Sydney Develops A New Blockchain Technology
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.…
2017-07-02 10:37
Scam Claim against Bitcoin and Office Space Investment Schemes
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.…
2017-07-01 05:27
Amid Death Penalty Panic Chinese Cryptocurrency Exchanges Issue ICO Warnings
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.…
2017-06-30 08:40
Japan s bitFlyer To Offer Insurance To Its Retailers
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.…
2017-06-29 05:59
TenX raises 80 Million In ICO Starta Accelerator Follows The Same
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.…

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