Latest Crypto Currencies News
Bitcoin Prices Surge, Reaching A Record High Of Over $3,400Aug 8, 2017
Bitcoin prices have reached a record high above $3,400 on Monday after gaining 5%. The prices began settling at $3,451.86 on Monday, up by almost $600 from $2900 on Friday. The price of the most popular digital currency has gained 18% in August and has nearly tripled this year.
Cryptocurrency Market Reaches An All-Time High At $116.9 BillionAug 8, 2017
The cryptocurrency market has surpassed its previous all-time high of $116.2 billion set on June 12, setting a new record of all-time high by reaching over $116.9 billion. The overall value of the market was up by 30%, gained over the week, rising from below $90 billion on July 31, and striking up 80% higher from its recent low of $80 billion on July 16.
China Announces Use Of Blockchain For Taxation And Invoice GenerationAug 7, 2017
China government has recently announced its plan to include blockchain use for tax collection and to issue electronic invoices. The government revealed the idea to add the blockchain in 'Thirteenth Five-year National Informatization Plan' in 2016.
Ukraine To Have 150 Bitcoin ATMs In 2017Aug 6, 2017
The Founder of Kuna Bitcoin Agency and Kuna Cryptocurrency Exchange, Michael Chobanian, has announced that around 150 Bitcoin automated teller machines would be installed in Ukraine in 2017. The capital city, Kiev alone would have a total of 20-30 ATMs installed by the end of the summer.
Bitcoin Sees Massive Spike, Crosses $3,000 Mark To Set An All-Time HighAug 5, 2017
Bitcoin has hit its all-time high with a value over $3,000 per coin, up by $485 in its value, a month ago. The Bitcoin saw many highs and lows this week with the split of cryptocurrency striking the market on August 1.
WannaCry Hackers Scoop Out $143,000 Worth Bitcoin Made In Ransomware AttackAug 4, 2017
Hackers have scooped out more than $143,000 worth of Bitcoin which was paid as a ransom of $300 by victims for unlocking the device in a WannaCry attack three months ago that affected more than 300,000 computers from over 150 countries.
Bitcoin Market Cap Stable Following The Hard ForkAug 3, 2017
The prices Bitcoin have stabilised at $2,700 after reaching $2,900 on August 1, following the fork. The market cap is maintained at $45.2 billion.
Why South Koreans have gone crazy over Ethereum?Aug 2, 2017
As a trader and adviser on Bitcoin Seoul, Bobby Kim warns his subscribers and followers to stop buying or selling Bitcoins. He frantically posts, “It’s not safe right now. I gotta tell everybody to get out of the market,” on his Twitter account and Navar Band chat rooms about the looming downturn of Bitcoin. Kim says that it becomes increasingly tricky to read the market, when the banks swoop in to buy big on the dip. Surprisingly, the market dropped 10% before rebounding, later that day on July 25.
Bitcoin Fork Hits The Market Giving Rise To Bitcoin CashAug 1, 2017
The Bitcoin miners in a bid to create a new version have Bitcoin forked as on August 1 at 1:20 p.m. BST, creating Bitcoin Cash ( BCC) by splitting the blockchain into two today.
Coinbase Not Supportive of Bitcoin Fork Created Bitcoin Cash (BCC)Aug 1, 2017
World’s largest Bitcoin exchange has cleared its stand on the Bitcoin blockchain split on August 1. Coinbase has declared that it would only support the digital version of the currency, ignoring the newly token created by the split ‘Bitcoin Cash (BCC)’.
Bitcoin Market Hits Above 50% Mark First Side Since MayJul 30, 2017
Bitcoin market has for the first time in two months gone above 50% of the total market capitalisation relative to the rest of the cryptocurrencies.
AMD Doesn’t Count On Cryptocurrency Mining As A Growth DriverJul 29, 2017
The huge rise in demands for graphic cards by cryptocurrency miners has increased the sales for AMD in recent times. AMD has generated revenue of $1.22 billion in the second quarter of 2017 which was up by 19% as compared to the previous year data.
Washington Introduces New Regulation For Cryptocurrency ExchangesJul 28, 2017
The senate bill 5031 has been passed into law and is introduced in the state of Washington of the U.S. setting new regulations for cryptocurrency exchanges.
Alexander Vinnik Arrested For $4 Billion Bitcoin Laundering From BTC-e ExchangeJul 27, 2017
Alexander Vinnik, a Russian national, 38, suspect of being the anonymous mastermind behind one of the world’s oldest crypto-currency exchanges and of laundering around $4 billion was arrested after a tip-off from a small beachside village in northern Greece on a U.S. warrant.
Ether Prices Drip Down To Operate Below $200 MarkJul 26, 2017
Amidst the market fall of the world’s top cryptocurrency, Ether prices slashed down by more than 11%, dripping below $200.
Retailers and Restaurants In Japan May Stop Accepting Bitcoin Payments TemporarilyJul 25, 2017
In Japan starting August 1, 2017, as many as 5000 retail stores and restaurants may stop taking Bitcoin as a form of payment if the Bitcoin payment processors will halt their services.
TenX, Singapore Based Start-up Introduces Cryptocurrency Use In Real World With Its Visa Debit CardJul 24, 2017
A Singapore-based startup TenX is planning to launch a Visa debit card that can be used to make cryptocurrencies work in the real world. The TenX debit card would in an instant convert multiple digital currencies into fiat money like dollars, yen and euros to carry out everyday commerce.
The South African Reserve Bank In Plans To Experiment Digital CurrenciesJul 23, 2017
The South African Reserve Bank (SARB) after observing the take of other countries on digital currency has decided to issue its own digital currency based on blockchain technology as it believes the move would likely benefit the country by speeding up the transaction process and lowering the fees.
With The Rise In Bitcoin Price, Crypto Market Surpasses $90 Billion MarkJul 22, 2017
The rise in the price of Bitcoin has raised the total cryptocurrency market value to pass $90 billion by Thursday evening, value not observed since early July. The sets out the market cap towards the earlier achieved $100 billion marks when it reached an all-time high of $115bn in June.
Hackers Walk Off With $32 Million Worth Of Digital Currency EtherJul 21, 2017
A whopping $32 million worth was made off in cryptocurrency Ether by unknown hackers. The hackers somehow managed to find a vulnerability in Parity Wallet that offers users services to keep crypto currencies. The hackers on discovering the bug managed to take away 153,000 Ether in three separate transactions
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