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Cryptocurrency Exchange KuCoin Puts Underperforming Altcoins in Timeout Before Delisting

May 8, 2018 by Samantha Chang at Altcoins, Bitcoin, Finance, News, Regulation

Hong Kong-based cryptocurrency exchange KuCoin is putting underperforming altcoins on notice before delisting them. The move lets customers know the tokens have become too illiquid or their trading volumes have dropped below acceptable levels for continued listing on the exchange. Bolsters Transparency The action appears to be an effort to...

Evaluating Bitcoin and Digital Assets: Who Do You Trust?

May 8, 2018 by Liam J Kelly at Altcoins, Bitcoin, Commentary, Finance, News

$Analyzing conflicting responses as to the direction of bitcoin’s price is perhaps the strongest argument for simply HODLing. The massive price swings, emerging technical analysis, and lack of complementary expertise make the valuation process sometimes excruciating. And yet, now more than ever, we’re seeing financial heavyweights hiring analysts in the...

TrafficJunky Follows Pornhub Move to Accept Privacy-Centric Cryptocurrency Verge as Payment Option

May 8, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, News, Tech

Online advertising platform TrafficJunky announced that it would begin accepting Verge as a payment option from May 7, 2018. The announcement comes close on the heels of a similar move by adult entertainment giant Pornhub some weeks earlier. TrafficJunky is an online advertising network that websites can utilize to gain...

Bitcoin Miners Drag Israeli Union Bank to Court for Denial of Banking Service

May 8, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, Mining, News, Regulation

Despite the somewhat unfriendly nature of the Israeli crypto space, digital currency-related firms have refused to leave the state to more welcoming regions. Now, the sixth largest bank in Israel has been sued by a local cryptocurrency mining firm, Israminers Ltd for denial of banking service. Let the Courts Decide...

Lawmaker Introduce Four Blockchain Bills To New York State Assembly

Forget Silicon Valley: New York City Is Becoming the Face of Blockchain Development

May 8, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Tech

Inside buildings whose exterior walls are adorned with the ubiquitous graffiti murals urban America, a new kind of culture is emerging in Brooklyn, New York. From repurposed warehouses to other abandoned industrial buildings, crypto and blockchain entrepreneurs are setting up shop to establish their startups. As blockchain technology is beginning...

President Nicolas Maduro Set to Create Youth Bank Funded by Petro Cryptocurrency

May 8, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Finance, Mining, News, Regulation

The Petro flame seems to be burning ever brighter despite the condemnations and criticisms that the Venezuelan national cryptocurrency has faced both locally and internationally since its arrival in February 2018. On May 3, 2018, the nation’s president has revealed that Venezuela is on the verge of establishing a youth...

Japan’s TFX Takes Cue From OBOE; To Offer Bitcoin Futures In Early 2018

Japan’s FSA Sets New Crypto Regulatory Paradigm

May 8, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, Finance, News, Regulation

The Financial Services Agency (FSA) has announced a new regulatory paradigm that will govern its oversight of the cryptocurrency exchange platforms in the country. Local media sources report that the FSA is strengthening its statutory mandate in a bid to prevent the reoccurrence of another high-profile cryptocurrency exchange hack. A...

New Cryptocurrency Regulations to Benefit the South Korean People (Q1 2018)

A Big Relief? Korea to Relax Stringent Cryptocurrency Regulations

May 7, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News, Regulation

On May 6, 2018, the new pro-reform Governor of South Korea’s Financial Supervisory Service (FSS), Yoon Suk-heun has said that agency is considering relaxing some of the more stringent crypto regulations in the country. Adequate Regulations: A Panacea to the Crypto Market Suk-heun made this known in the aftermath of...

After Months Ethereum Records 1 Million Transactions per Day

May 7, 2018 by Pratik Makadiya at Altcoins, Blockchain, Ethereum, News

The number of transactions with the world's second largest cryptocurrency Ethereum has once again crossed the one million per day threshold. The event reminds many of a similar scenario that happened in December 2017. While it is indeed excellent news, some reports suspect much wastage of Ethereum gas. Binance Responsible...

Cardano Founder Signs Deal With Ethiopia to Explore Blockchain and AgriTech

May 7, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, News, Tech

Announced on May 3, IOHK has signed a memorandum of understanding (MOU) with Ethiopian government to onboard local developers to leverage Cardano’s blockchain platform and develop the AgriTech sector. Ethiopia is Fertile Land for Blockchain Tech The world’s most populous landlocked country Ethiopia has jumped on the blockchain bandwagon to...

South Korean Crypto Exchanges Earned $648 Million in 2017 that is Taxable

South Korea’s Central Bank May Soon Issue a Native Cryptocurrency

May 7, 2018 by contributor at Altcoins, Blockchain, Finance, News, Regulation

South Korea, arguably amongst the world’s most crypto-friendly nations, may soon see a central-bank issued cryptocurrency based on a May 3, 2018, report. South Korea Aiming to Become a Cashless Society According to The Korea Times, The Bank of Korea (BoK) is conducting a study in the field of digital...

Charity Raises $14 Million in Bitcoin, Ether, Ripple Donations to Fight Homelessness

May 7, 2018 by Samantha Chang at Altcoins, Bitcoin, Ethereum, News

A San Francisco charity that accepts cryptocurrencies raised $14 million in donations, including bitcoin, ether, and ripple, to benefit the homeless in yet another sign that mainstream adoption of virtual currencies is on the rise. Crypto Superstars Attended Gala Many top Silicon Valley tech moguls and financiers attended the May...

CFTC Chairman to Senators on Bitcoin: “We owe it to this new generation to respect their interest”

Two U.S Giant Financial Regulatory Watchdogs Join Forces to Fight Crypto-Related Fraud

May 7, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Officials of the United States Securities and Exchange Commission (SEC) and that of the Commodity Futures Trading Commission (CFTC) have pledged to collaborate more in the fight against bad actors in the U.S cryptocurrency, blockchain ecosystem and the nation’s finance sector. The Need for Collaboration Unlike most nations that have...

Norwegian Court Rules Against Bitcoin Exchange Bitmynt AS

May 7, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, Finance, News, Regulation

A Norwegian bitcoin exchange Bitmynt AS has lost a lawsuit that was filed in 2017 against Nordea Bank AB. The lawsuit was filed by Bitmynt AS founder Sturle Sunde shortly after the bank suspended its account citing nefarious use in April 2018. The Verdict Judge Elisabeth Jordan Ramstad of Oslo...

Authority man findin a cryptocurrency mining machine

Chelan County Introduces Security Measures after Mining Ban Sparks Agitation

May 7, 2018 by contributor at Altcoins, Bitcoin, Mining, News, Regulation

The cryptocurrency world has been peaceful for the most part, with isolated cases of aggression observed only during instances of an exit-scam or downright fraud. However, in Washington State’s Chelan County, locals and cryptocurrency miners are in the midst of agitated clashes following a mining ban, causing local police to...

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