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Despite Inflation Crisis, Most Filipinos Reject Bitcoin. Here’s Why
The Philippines is experiencing an inflation crisis. Yet virtually its entire population of 106 million people are unaware of and reject the notion that Bitcoin (BTC) and cryptocurrencies give them a payment solution and store of value. дальше »
2018-9-24 17:30 | |
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Bitcoin Is Replacing Bolivar As Venezuelan Economy Crashes
Whoever Satoshi Nakamoto is, he/she might be deserving of the Nobel Prize in economics for inventing Bitcoin (BTC), the nascent digital coin that is currently rescuing crypto-adopting Venezuelans from the abyss. дальше »
2018-9-22 00:00 | |
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ConsenSys Initiative Empowers Students to Use Blockchain for Social Good
ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor. дальше »
2018-9-20 01:55 | |
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Alibaba Founder Jack Ma Says Blockchain Will Have to Go Green
Alibaba founder and billionaire Jack Ma is one of technology’s most influential personalities. Speaking at the World Artificial Intelligence Conference in China on Monday, Sept. 17, Ma talked about using blockchain and other advanced technologies to lead society in a greener direction. дальше »
2018-9-20 20:39 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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A Case for Bitcoin (BTC): The USD is Not Backed By Gold or Silver and Has an Unlimited Supply
The fact of the matter is that many of us know more about Bitcoin (BTC) and the rest of our favorite digital assets, than we know about our local fiat currencies. We simply found our local currency being used and went along with the story that it was how the world operated. дальше »
2018-9-16 17:38 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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Huobi Enters Japanese Market With BitTrade Acquisition
Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market. дальше »
2018-9-14 22:25 | |
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Morgan Stanley Eyes Bitcoin Swap Contracts Tied to Futures Prices
Morgan Stanley is joining Wall Street’s race toward an institutional-friendly bitcoin derivative. According to anonymous sources reporting to Bloomberg, the financial institution is devising price return swaps tied to bitcoin. дальше »
2018-9-14 22:07 | |
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Cash to Crypto Trade Blooming in Moscow, Reports Say
Buying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. дальше »
2018-9-13 02:10 | |
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Bittrex Launches Its International Division to Manage Businesses Outside the U.S.
While the crypto market is going through a bearish phase, some cryptocurrency exchanges are finding time to expand their business. Coinbase has recently expanded into institutional investments, better support for altcoins and local currency support in non-US territories. дальше »
2018-9-12 15:59 | |
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Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets
The Bank of Korea has warned that significant price differences between South Korean exchanges and those abroad, or the “Kimchi Premium,” may emerge in the coming years. Kimchi May Strike Back According to local outlet No Cut News, South Korea’s central bank cautioned officials of another “Kimchi Premium”-like situation if regulations and crypto trading frameworks […] The post Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets appeared first on CryptoSlate. дальше »
2018-9-12 07:00 | |
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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. дальше »
2018-9-12 23:42 | |
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Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News. дальше »
2018-9-11 10:35 | |
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Bitcoin Is Extremely Useful In These Problematic Countries
In many countries, there are emerging monetary crises as local currencies lose value. Local governments or central banks are unwilling or unable to solve inflation, and that’s a key chapter in the story of Bitcoin. дальше »
2018-9-10 20:00 | |
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Cryptocurrency is actually terrible for battling inflation, data shows
Cryptocurrency is often floated as a failsafe for floundering economies. When faced with economic instability, blockchain evangelists are often quick to prescribe Bitcoin (or some other altcoin) as a means of alleviating hyperinflation by being more stable than the local currency. дальше »
2018-9-11 19:40 | |
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Projects for Two Mining Pools Under Development in Russia
The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization. дальше »
2018-9-9 03:10 | |
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The Next ‘Venezuela’? Bitcoin Up Over $8,400 in Iran Amid Hyperinflation
Bitcoin price has risen dramatically in Iran following the government’s decision to grant legal recognition to the country’s cryptocurrency mining industry. Bitcoin Premium Comes to Iran While Bitcoin suffered an almost $1,000 drop in the rest of the world, the top-ranked cryptocurrency was reaching new heights in Iran. дальше »
2018-9-7 21:00 | |
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Local Bitcoin Price Hits Record-High of $24,000 in Iran
With public adoption on the rise, international cryptocurrency regulations continue to develop. On Sept. 4, Iran legitimized cryptocurrency mining as an industry–propelling local Bitcoin prices to new, record highs. дальше »
2018-9-7 16:00 | |
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Washington State Utility Increases Power Rates for Bitcoin Mining
Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 15:00 | |
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Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. дальше »
2018-9-7 03:10 | |
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Uzbekistan Legitimizes Cryptocurrency Activity In New Decree
The President of Uzbekistan, Shavkat Mirziyoyev, recently signed a decree that permits the existence of cryptocurrency exchanges and other activity surrounding the industry, according to local media. дальше »
2018-9-7 22:19 | |
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Uzbekistan Legalizes Crypto Exchanges and Trading
A new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws. дальше »
2018-9-7 17:35 | |
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Electricity Rates Increase in Grant County in Washington for Bitcoin Miners
Grant County, a town located in the US state of Washington, currently hosts a number of cryptocurrency mining operators. These operators migrated to the area because of cheaper electricity costs from the hydroelectric plant in the local region. дальше »
2018-9-6 16:04 | |
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Bitcoin ATM Maker Develops Payment Solution for Cannabis Dispensaries
The legal US cannabis industry growing strong where local authorities have stepped out of its way. However, in combination with banks and credit card companies refusing to provide services to many businesses, restrictions have created a perfect opportunity for alternative systems to prove themselves. дальше »
2018-9-6 00:05 | |
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Queensland is Quickly Becoming the Cryptocurrency Capital of Australia
Queensland, the second-largest state in Australia, has given a sizable grant to a local digital currency startup called TravelbyBit in order to facilitate Bitcoin and other cryptocurrency payments at retail outlets and resorts in the area, Gizmodo reports. дальше »
2018-9-6 23:08 | |
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Thailand’s Anti Money Laundering Office Set to Create Own Cryptocurrency Wallet for Confiscating Ill-Gotten Cryptoassets
In a bid to fight crypto-linked money laundering activities by bad actors in Thailand, the nation’s Anti-Money Laundering Office (AMLO) has said it would create a cryptocurrency wallet to enable it to seize digital currencies from cyberpunks convicted of DLT-based virtual currency-related crimes, as first reported by local news source, The Nation on September 3, 2018. дальше »
2018-9-5 23:00 | |
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22 Bitcoin ATMs Seized by Russian Authorities
Russian police officers have seized 22 Bitcoin automated teller machines (ATMs) which were installed in shopping malls, stores and restaurants across 9 towns. According to local media reports, the seizure order was given by the Central Bank of Russia (CBR) through the office of the Prosecutor General. Primary reasons for the seizure are not clear, […] дальше »
2018-9-5 18:00 | |
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Confiscation of Bitcoin ATMs in Russia Leads to Outcry from Local Operator
A Russian cryptocurrency company is fighting back against Russian authorities who, according to the company, illegally seized twenty-two Bitcoin ATMs operating throughout the country. Details of the Seizure BBFpro, a Russian company that services Bitcoin ATMs in Russia, is not experiencing the best of times, as Russian authorities have seized twenty-two of its ATMs. дальше »
2018-9-5 23:47 | |
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Walmart Begins Selling Bitcoin Candy Coins
Arkansas-headquartered retail giant Walmart, among one of the largest retail chains in the United States and the world, has started selling Bitcoins on their retail shelves. However, these Bitcoins are made of chocolate and coated in a gold foil wrapper. дальше »
2018-9-5 22:45 | |
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Bitcoin Is Outperforming More FIATs Than Ever Before
In a world of falling FIAT currency, broken sovereign currency and economic downfalls, we are seeing major cryptocurrencies like Bitcoin stand up to pressures and hold their own against broken financial systems. дальше »
2018-9-4 13:00 | |
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Japan National Police To Employ A Cryptocurrency Tracking System
Japan’s National Police Agency (NPA) intends to introduce tracking software for cryptocurrency transactions as it strives to curb the use of cryptos in illegal transactions, a local media outlet recently reported. дальше »
2018-9-4 15:00 | |
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California Passes Bill Defining Blockchain and Crypto Terms
A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News. дальше »
2018-9-3 14:05 | |
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Russian Police Seize 22 Bitcoin ATMs in Countrywide Crackdown
Could the abrupt and unannounced seizure of 22 Bitcoin ATMs spread across nine Russian cities signal the start of a wider crackdown on crypto-commerce? Illegal Search and Seizure of Bitcoin ATMs? Up until Friday, August 31, BBFpro was contentedly operating a modest Bitcoin ATM service throughout Russia. дальше »
2018-9-3 21:00 | |
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Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities
Law enforcement officials in Russia have seized 22 BATMs installed at stores and restaurants in 9 different cities. The confiscation has been carried out on orders from the Prosecutor’s Office and the Central Bank, local media reported. дальше »
2018-9-2 04:50 | |
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Japan’s Largest Bank Experiments Using Own Crypto at Convenience Store
Mitsubishi UFJ Financial Group, one of the world’s largest financial groups, has been experimenting with using its own cryptocurrency, the Mufg coin, for payments at a convenience store for employees. дальше »
2018-9-2 02:50 | |
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Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges
In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States […] The post Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges appeared first on Bitcoin News. дальше »
2018-9-1 20:05 | |
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Japan’s National Police Installing Crypto Transaction Tracking System
The Japanese National Police Agency is reportedly installing a system to track the flow of crypto transactions in order to aid investigations of cryptocurrency-related cybercrime. The system is expected to be limited to major cryptocurrencies, according to local media. дальше »
2018-9-1 09:45 | |
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Bitcoin Scam: Fraudsters Buy 26 BTC Using Counterfeit Euro Bills in the Netherlands
In the Netherlands, an individual has fallen victim to another Bitcoin scam using counterfeit currency notes. This case comes less than a fortnight after another similar high-profile occurred in South Korea involving a group of Serbian fraudsters and a South Korean businessman. дальше »
2018-9-1 21:32 | |
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Korean Province to Replace Local Currencies With Crypto
An eastern South Korean province plans to issue its own cryptocurrency to replace the local currencies of its nine cities, according to local media. An exchange will be established for the new crypto. дальше »
2018-8-31 04:50 | |
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Brazilian Cryptocurrency Investment Platform Hacked, Personal Data of 264 Investors Leaked
Cyberpunks have broken into the system of Brazil’s controversial bitcoin investment platform, Atlas Quantum. If the report by local news source Portal do Bitcoin on August 26, 2018, is anything to go by, the hacker was unable to steal digital assets of investors but succeeded in leaking sensitive information of 264K users, including their email addresses, phone numbers and the amount...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-8-29 19:00 | |
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Hackers sell data of 130 million Chinese hotel guests on the dark web for 8 Bitcoin
It seems that China’s crackdown on cryptocurrencies doesn’t extend to the infamous dark web. A hacker is selling the personal data of over 130 million individuals for 8 BTC ($56,776 at press time) on a Chinese dark web forum, technology publication Bleeping Computer reports. дальше »
2018-8-29 15:05 | |
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Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
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Nicehash Returns 60% of Coins Stolen in the Hack
Nicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. дальше »
2018-8-28 06:15 | |
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