Monthly Archives: December 2018

BTI Claims Only Two of Top 25 Crypto Exchanges Accurately Report Volume

Exchanges The Blockchain Transparency Institute (BTI) has published its December 2018 “Exchange Volumes Report,” claiming that only two of the top 25 cryptocurrency exchanges by reported volume on Coinmarketcap pairings accurately report their trade volume. The report also asserts that wash-trading is estimated to comprise 99 percent of the purported volume for 12 of the top 25 cryptocurrency pairings by reported volume. Also Read: Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space BTI Claims Binance and Bitfinex Accurately Report Volume According to the BTI’s […]

Read More

Free Speech Social Network Gab Starts Accepting BTC

News Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,” Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Gab Begins Accepting BTC Social network platform Gab announced on Thursday that its integration of Btcpay Server has been completed. Its […]

Read More

Bitcoin Bull Thomas Lee Claims Market Is Wrong and BTC Should Be Much Higher

News Bitcoin bull Thomas Lee continues to be confident in BTC, insisting that its current price is wrong and should actually be closer to the $15,000 mark. Along with a number of other bulls, Lee has made several overly hopeful predictions this year.  Also read: Markets Update: Bears Continue to Drag Cryptocurrency Prices Down Fair Value Is Higher Than Current Price Thomas Lee, the head of research at Fundstrat Global Advisors, is a major BTC bull. Due to the number of active wallet addresses, usage per account, […]

Read More

Cryptocurrency Enthusiasts Can Pay $10 Million for a 12-Night Stay in Space

News The Orion Span project has plans to launch a space station that will be used as a luxury hotel. Its Aurora space station is set to launch in early 2022 and a 12-night stay on the craft will set you back $9.5 million. The space hotel says it has sold out its first six months of reservations and the project is accepting cryptocurrencies that include bitcoin cash (BCH) for 12-night packages. Also read: Tipping App Gitcash Returns With Plans to ‘Make It Rain’ BCH on Github $9.5 Million […]

Read More

Bahrain’s Central Bank Issues Draft Crypto Regulations

Economy & Regulation The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.   Also read: New Bitcoin ATM Tracker Site Launches in Russia Addressing Market Demand The regulations have been released for consultation and the bank has set Dec. 31 as the deadline for providing feedback. […]

Read More

SEC Chair “Optimistic” DLT and Crypto Will Drive Investment Opportunities

Regulation Speaking as part of a testimony to the United States Senate Committee on Banking, Housing, and Urban Development, the chairman of the U.S. Securities and Exchange Commission Jay Clayton expressed optimism that the distributed ledger technology (DLT) sector will “facilitate capital formation.” Clayton also discussed the enforcement actions taken by the SEC in regulating initial coin offerings (ICOs). Also Read: New Bitcoin ATM Tracker Site Launches in Russia  SEC Chair Believes Crypto and DLT Will Generate Capital Formation Jay Clayton stated that he is “optimistic” that the […]

Read More

Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Exchanges Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients.  Also read: Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement Exchange Enters Into Voluntary Administration The administration means that investors cannot deposit or withdraw funds until further notice. It’s not clear how much worth of bitcoin the exchange was […]

Read More

Markets Update: Bears Continue to Drag Cryptocurrency Prices Down

Market Updates Digital asset prices have been dipping in value again after a few days of price consolidation. At the moment, the entire cryptocurrency economy is awfully close to dropping under the psychological $100 billion market valuation. Furthermore, since our last markets update cryptocurrency global trade volumes are weaker than usual, with only $11.5 billion worth of assets traded over the last 24 hours. Also read: Password Manager App Dashlane Mocks Cryptocurrency Owners More Price Dips and Lower Trade Volumes Crypto-market prices are sliding again as the top […]

Read More

These Two Analogies Will Help You Explain Bitcoin to Anyone

Featured Explaining Bitcoin to someone who knows nothing about Bitcoin isn’t easy. In fact it’s fiendishly tricky. Describing concepts such as blockchain, decentralized networks, and permissionless ledgers to beginners is as tough as describing the color orange to a blind person or the taste of an orange to someone who’s never peeled one. Two new Bitcoin analogies surfaced this week, however, that should make that task easier. Also read: Password Manager App Dashlane Mocks Cryptocurrency Owners How to Explain Bitcoin to Anyone Complete the following sentence: “Bitcoin is […]

Read More

New Bitcoin ATM Tracker Site Launches in Russia

News A new website showing a map of cryptocurrency teller machines and other points of sale has been launched in Russia. The platform currently provides information about bitcoin ATM locations in the city of Moscow but its developers plan to expand its coverage globally. Also read: French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners Cryptocoinmap Has Some Useful Features Cryptocoinmap.ru is quite similar in design to the popular bitcoin ATM tracker website Coinatmradar. At this early stage, there’s still a lot of room for improvement but […]

Read More
1 2 3 14