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6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen. дальше »

2018-6-24 23:00


Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License

According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly. дальше »

2018-6-23 14:23


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Bahamas Centrak Bank set to unveil cryptocurrency pilot project

The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency, Jamaica Observer reported June 22. Speaking at the Bahamas Blockchain and Cryptocurrency Conference earlier this week, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the development of a fully digital дальше »

2018-6-23 05:52


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Congressman Tom Emmer praised the SEC for clarifying that Ether is not a security

Congressman Tom Emmer has praised the U.S. Securities and Exchange Commission (SEC) for clarifying that ethereum’s native cryptocurrency, ether, is not a security. As previously reported, the SEC’s director of Corporation Finance, William Hinman, told the audience at the Yahoo! All Markets Summit: Crypto conference last week that “current offers and sales of ether are дальше »

2018-6-23 22:16


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Economic Research Institute: Bitcoin is Less Volatile Than Other Cryptos, Sign of Maturity

American Institute For Economic Research (AIER), an independent 501 economic research institute that does not represent any fund or special interests, has reported that Bitcoin, the most dominant cryptocurrency in the global market, has significantly and consistently been less volatile than other digital assets since 2013. дальше »

2018-6-22 10:27


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Akon Launches Akoin to Be ‘Savior of Africa’

US singer-songwriter Akon has become the latest celebrity to launch a cryptocurrency — as he proclaims his belief the underlying technology “could be the savior of Africa. ” Akoin ‘Will Be Center Of Transactional Life’ Originally reported by Page Six, Akon — who is originally from Senegal — revealed at this year’s Cannes Lions International Festival of Creativity that he wants to use Akoin as part of a giant 2000-acre development called Akon Crypto City. дальше »

2018-6-21 07:00


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Bbva Bank Ceo Calls Blockchain ‘Immature’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish дальше »

2018-6-20 05:34


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Chainbet Protocol Adds Trustless Multiplayer Bets, Auctions, and Dice Rolls

Just recently news. Bitcoin. com reported on the Chainbet protocol created by the developer Jonald Fyookball, designed to add trustless betting features to the Bitcoin Cash network. Following the launch of this concept, the Openbazaar developer Chris Pacia messed around with the idea and completed the first on-chain atomic bet. дальше »

2018-6-19 04:10


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South Indian State of Kerala Uses Blockchian Technology in Food Supply and Distribution

The government of the South Indian state of Kerala will use blockchain for food supply and distribution, local news outlet Business Standard reported June 17. Chairman of K-DISC, KM Abraham, told Business Standard that each component of the supply network would have a separate ID number, through which its source, production, quality, and distribution could дальше »

2018-6-19 23:19


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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Russia’s Largest Banks are building Bitcoin and Crypto Portfolios

Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Sberbank, the main state-owned bank responsible for processing government employee paychecks, and Alfa Bank, the largest private bank in the nation, plan to enter crypto trading with the help of the AddCapital investment fund, the National Settlement дальше »

2018-6-18 10:31