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Canada’s banking insurer owns about 58% of Canadian citizenship for investment purposes

Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. According to the survey results, Canadians have mainly used the major cryptocurrency for investment purposes in 2017, rather than for transactions, which previously had been cited as the main reason for дальше »

2018-7-24 09:14


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Bidfender founder appointed by the judges for the fraudulent charges

The operator of now defunct Bitcoin (BTC) stock exchange BitFunder has pleaded guilty to federal charges of obstruction of justice and securities fraud, Reuters reports July 23. According to prosecutors, 37-year old Jon Montroll, also known as Ukyo, also pleaded guilty to obstruction of justice, admitting that he provided false balance statements to the U.S. дальше »

2018-7-24 09:09


China To Say Goodbye To ‘Illegal’ Bitcoin Miners by September

An autonomous region in China is set to hunt and close down all “illegal” mining operations before the end of August according to a report by a local news source. A senior official from Xinjiang’s Economic and Information Commission (EIC) confirmed that the agency has issued a notice to local utility companies in Xinjiang Uyghur […] The post China To Say Goodbye To ‘Illegal’ Bitcoin Miners by September appeared first on ZyCrypto. дальше »

2018-7-24 07:37


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Russia Researching Blockchain Technology for Military Applications; Development Grows in Local Businesses

Russia is currently looking into blockchain technology in the hope that its development could be applied in the military. Blockchain technology offers a wealth of benefits in the finance department, but the Russian army is hoping it could aid them in a variety of ways, especially in cases of cybercrime. дальше »

2018-7-22 13:29


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Indian Authorities Turn to Blockchain Technology to Eliminate Corruption

Indian authorities are planning on utilizing blockchain technology to combat cases of corruption and property fraud. Amaravati city farmers and local landowners are worried that corruption is in play in the state’s land-pooling process as some have yet to receive compensation from the government for their bartered assets. дальше »

2018-7-21 14:59


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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »

2018-7-21 13:00


Chongqing Financial Asset Exchange (CQFAE) Looks to Blockchain For Fair Auctions

Blockchain Can Keep Online Auctions Fair According To Financial Exchange Everyone knows that China does not love cryptocurrencies, but the blockchain technology stands on its own and even if you are like China and you do not see Bitcoin in a positive light, there is still a use case for blockchain tech. Recently, a financial […] дальше »

2018-7-21 01:44


$230 million worth short positions liquidated in 15 minutes – says BitMEX CEO

On 19th July, during an interview with CNBC, the CEO of BitMEX, Arthur Hayes stated that there was a liquidation of approximately $230 million worth short positions. According to Hayes, the liquidation happened 15 minutes after Bitcoin [BTC]’s price pumped from $6800 to $7250 witnessing approximately $450 rise. He further adds that since BitMex is […] дальше »

2018-7-20 21:25


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Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims

In a somewhat surprising twist, Amit Bhardwaj, the man behind the notorious Bitcoin Ponzi scheme, has pledged to pay back his victims in Indian rupees (INR) according to report on July 18, 2018. The Schemer’s Path Towards Prison Bhardwaj caught the attention of police and global media houses in April 2018, when the police arrested him for setting up an. дальше »

2018-7-20 19:00


XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns

Ripple XRP’s centralized protocol could have far more implications on the token performance both now and in the long run according to Elvis Investment CEO, Anatoly Castella. A central protocol means that XRP was created all at once by the parent company – Ripple Labs Inc – with a majority of the cryptocurrency held by […] The post XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns appeared first on ZyCrypto. дальше »

2018-7-19 19:35