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Ethereum Co-Founder Tips These Cryptocurrencies to Be The Next Big Thing
A new report out by Asia Times discusses how Anthony Di Iorio, the co-founder of Ethereum see’s a big future in two blockchain projects from China, projects that the Canadian billionaire is feeling very bullish towards indeed. дальше »
2018-6-23 23:00 | |
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Law Firm Hired by Bitfinex Confirms Tether Reserves
There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. дальше »
2018-6-22 22:00 | |
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Bank for International Settlements: Cryptocurrencies Beyond the Hype
The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute. дальше »
2018-6-22 21:43 | |
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One in Three High Net Worth Individuals are Interested in Holding Cryptocurrency
The latest World Wealth Report 2017 released by Capgemini, a multi-billion dollar French professional services company, revealed that 29%, nearly one in three, high net-worth individuals are interested in holding cryptocurrency in the long-term. дальше »
2018-6-23 19:00 | |
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BREAKING: Mt. Gox Creditors Will Be Reimbursed In Crypto, Markets Crash In Response
The Tokyo District Court has published a document which rules that creditors involved in the Mt. Gox hack in 2014, that saw a loss of $472 Million will be reimbursed in cryptocurrency. See the full report for yourself here-https://www. дальше »
2018-6-22 17:00 | |
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Experts: Many Small Cryptocurrency Exchanges To Go Out Of Business Soon
Experts and analyst in the crypto industry have predicted a widespread shutdown of small exchange platforms because of their inability to attract investors. A report released by 8BTC.com, a blockchain news platform operating in China, indicated that the first 14 major crypto exchanges take up about 73% of the total value of transactions made in […] The post Experts: Many Small Cryptocurrency Exchanges To Go Out Of Business Soon appeared first on ZyCrypto. дальше »
2018-6-22 14:13 | |
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Bitcoin Traders in Ireland Accuse Banks of ‘Cryptocurrency Profiling’
It is not a happy time for Bitcoin brokers in Ireland. Reports indicate that Irish banks are denying financial services to cryptocurrency traders. As a result, many are forced to either shutter their operations or open accounts with foreign banks. дальше »
2018-6-21 23:00 | |
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Bank of Korea Denies Plans for Launching a Cryptocurrency
The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex. дальше »
2018-6-21 20:02 | |
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A Critical Review: The BIS’ Analysis on Crypto as Money.
Cryptocurrency is a poor substitute for fiat money, claims the Bank of International Settlements in a chapter of its annual report, released on June 17. The sender is the message Before delving into the substance of the claim, a brief review of where it comes from is instrumental. The Bank of International Settlements is an дальше »
2018-6-21 16:38 | |
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Report on Tether’s US Dollar-pegged Tokens Provokes Doubts Within Crypto Community
To get rid of allegations over Tether not having the funds to back their tokens, Freeh Sporkin & Sullivan LLP, a law firm, released a report which confirmed Tether's bank deposits and assured investors that its cryptocurrency is backed by USD. дальше »
2018-6-22 13:42 | |
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World Wealth Report 2018: Young Millionaires Interested in Investing in Cryptocurrencies
Only around half of millionaires are in tune with their wealth managers and the very rich are increasingly interested in cryptocurrency investments
дальше »2018-6-21 00:43 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation
A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U. S. dollar, holds enough U. S. dollar reserves to back all of its coins in circulation. дальше »
2018-6-20 22:00 | |
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Tether Cryptocurrency Fully Backed By US Dollars, Says Report
Tether Limited has released a long-awaited third party report which may dispel the worst fears about the cryptocurrency market. The report, issued by Freeh Sporkin & Sullivan, LLP, found that the Tether token is fully backed by US dollars. дальше »
2018-6-20 17:19 | |
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Tether Review Claims Crypto Asset Fully Backed – But There's a Catch
Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats. дальше »
2018-6-20 16:00 | |
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Bithumb stocks $31 Million Hack: What We Know (And Don’t Know)
On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. According to a follow-up report from CoinDesk Korea, Bithumb conducted a security enhancement checkup on June 16, just days before the confirmed hack. дальше »
2018-6-20 15:34 | |
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Why Australia Wants Some Of Your Bitcoin Gains
Australia is moving towards requesting all cryptocurrency exchanges to report to the Australia Taxation Office, in order for them to collect Capital Gains Tax on all cryptocurrency gains, which essentially means that they will be classified as assets. дальше »
2018-6-20 12:00 | |
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Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News. дальше »
2018-6-20 11:20 | |
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The Rich are Getting Richer, But Still Don’t Get Cryptocurrency
The Capgemini World Wealth Report 2018 has revealed the rich are getting richer — and want better advice from their wealth managers on cryptocurrency investments. According to the report published June 19, 2018, high net worth individuals (HNWIs), with at least $1 million to invest outside of their main property investments, aren’t getting enough information about cryptocurrency investing from their wealth managers. дальше »
2018-6-20 11:00 | |
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BIS Crypto Report Undermines Itself. Not Cryptocurrency.
Over the past few days, media outlets have taken it in turns to report on a recent assessment published by the Bank of International Settlements (BIS) on Sunday. Titled as “Cryptocurrencies: looking beyond the hype” and running to 24-pages, the BIS report argues that cryptocurrency would make a poor substitute for fiat currency, highlighting problems with instability; a […] The post BIS Crypto Report Undermines Itself. Not Cryptocurrency. appeared first on Crypto Briefing. дальше »
2018-6-20 18:39 | |
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Laundering Fears-Major Crypto Exchanges Face Action Over Money
Japan’s financial watchdog is reportedly planning to force improvements at a number of licensed cryptocurrency exchanges over perceived issues with internal systems, including anti-money laundering (AML) measures. дальше »
2018-6-19 16:14 | |
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Got Bitcoin Mate? Because Australia Wants a Piece of Your Profits
After moving to request all cryptocurrency exchanges to report to the country’s watchdog agency, the Australia Taxation Office (ATO) will be collecting Capital Gains Tax (CGT) on cryptocurrency gains, essentially classifying them as assets. дальше »
2018-6-19 13:00 | |
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Internet Cafes Hacked to Mine $800,000 Worth in Siacoin Cryptocurrency
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a piece of malware that can specifically mine the siacoin cryptocurrency on an affected device. They then marketed it to computer maintenance firms who дальше »
2018-6-19 12:33 | |
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Internet cables have earned me $ 8,000
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a malware that can specifically mine the siacoin cryptocurrency in an affected device. дальше »
2018-6-19 10:56 | |
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Why Bitcoin [BTC] will not break the Internet with its bandwidth needs
OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”. дальше »
2018-6-19 10:01 | |
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BIS Report – Cryptocurrency is an elusive promise
The Annual Economic Report of the Bank of International Settlements [BIS] is titled “Cryptocurrencies: Looking beyond the hype”. The report is an analysis of the problems that cryptocurrencies promise to solve but actually fall short on. дальше »
2018-6-19 04:01 | |
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Report: Japan’s Crypto Exchange Body to Release Rules
Japan’s Virtual Currency Exchange Association (JVCEA) will reportedly be releasing new voluntary rules next week, Cointelegraph Japan reports today, June 18. The official announcement of the regulatory guidelines, set for June 27th, will reportedly include a ban on insider trading, penalizing cryptocurrency exchange employees if they engage in “inappropriate” trading due to their firsthand knowledge. дальше »
2018-6-19 01:32 | |
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Bitcoin Could Break The Internet
This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective. дальше »
2018-6-18 13:30 | |
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Staffs Of Fraudulent Crypto Exchanges Arrested For Illicit Activities In Ukraine
Four individuals have been arrested by the Ukrainian cyberpolice who have of recent been involved operating illegal cryptocurrency exchange platforms. A report showed these young men had managed six platforms, closing each after they had raised a substantial amount of money from the unsuspecting members of the public. дальше »
2018-6-18 13:24 | |
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16 arrested in Monero Japan on the Crytojacking case
Japanese prosecutors from 10 prefectures have arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking, local news outlet The Asahi Shimbun reports June 15. Cryptojacking is the practice of using unsuspecting users’ processing power in order to mine cryptocurrency for the attacker. According to the report by Asahi Shimbun, the arrested дальше »
2018-6-17 03:07 | |
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New Russian Draft Laws Erases Crypto Related Terms
A report from Kommersant, a local Russian outlet reveals that Anatoly Aksakov, the head of Russia’s State Duma Financial Market Committee explained that crucial changes will be made in the Country’s draft laws which is meant to regulate Cryptocurrency in Russia. дальше »
2018-6-16 11:45 | |
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Ripple XRP Unlikely To See $1.00 By Year End
Following on from yesterday’s reports regarding the Finder cryptocurrency price predictions, today we are turning to the research team’s projections of Ripple XRP’s performance through the rest of this month, leading up to the end of the year. дальше »
2018-6-15 07:00 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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Litecoin Won’t Even Reach $200.00 By 2019
In continuing our analysis of the Cryptocurrency Predictions for June 2018 report by Finder, we turn to the team’s predictions for Litecoin. We have recently reported that by Finders calculations, Bitcoin will only just breach $14,000. дальше »
2018-6-14 09:00 | |
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Bitcoin’s Bull Run ew Report Blames Tethe
Markets and Prices Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. Long-time tether critic Bitfinexed has been alleging as much for months, and successfully persuaded a portion of the cryptocurrency community that tether-led market manipulation was rampant. The author of дальше »
2018-6-14 03:15 | |
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Has Bitcoin Become Centralised?
Decentralisation is one of the promises of cryptocurrency that makes it shine. Decentralisation is the premise through which Bitcoin was established and through which the majority of cryptocurrencies exist within. дальше »
2018-6-13 13:00 | |
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Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident. дальше »
2018-6-13 03:40 | |
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BitTorrent Sells to TRON Cryptocurrency Founder Justin Sun
Last month we were the first to report that Justin Sun, the entrepreneur behind the popular cryptocurrency TRON, was in the process of acquiring BitTorrent Inc. The San-Francisco based file-sharing company confirmed the interest from Sun but noted that the acquisition was not yet 100% finalized. This position appears to have shifted in the weeks […] дальше »
2018-6-13 03:12 | |
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Blockchain Will Be 10 Times More Valuable Than the Internet China State Tv
The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA China Central Television, a state TV channel controlled by the government, released an hour-long report covering blockchain technology and cryptocurrency, featuring various topics including blockchain дальше »
2018-6-13 00:47 | |
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NEO: Market Report, by eToro
Summary NEO, frequently nicknamed within the cryptocurrency community as The One,Ethereum ‘‘killer’’ or Chinese Ethereum, is a blockchain platform that implements digital assets, dApps and smart contracts, and tries to solve some scalability and regulatory issues of its competitors. дальше »
2018-6-12 16:06 | |
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Canadian Exchanges to Report Transactions Over $10k per Proposed Regulations
Canadian bitcoin investors and cryptocurrency traders are going to be subjected to an increased level of market surveillance soon if the government has its way. Once the proposed regulations are implemented, every transaction above $10,000 CAD will have to be reported. дальше »
2018-6-12 23:20 | |
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Cryptocurrency Regulation In Israel Is Really Hotting Up
A new report by The Times of Israel is indicating some of the latest moves made by Israeli authorities to move closer towards cryptocurrency regulation. According to the report, many major companies within Israel are wanting to invest in and start working with cryptocurrencies and therefore the authorities are seeing a new urgency to establish regulations to ensure the cryptocurrency industry can flourish. дальше »
2018-6-11 13:45 | |
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CFTC Subpoenas Leading Exchanges for Trading Data
According to anonymous sources cited by The Wall Street Journal, The United States Commodity Futures Trading Commission (CFTC) is coordinating with the U. S. Justice Department in conducting investigations into price manipulation in the spot BTC markets. дальше »
2018-6-11 22:40 | |
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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO
Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value. дальше »
2018-6-11 01:34 | |
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