#Bitcoin

Bitcoin, Ether, and XRP Weekly Market Update: January 3, 2019

January 3, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Exchange, News, Price Analysis

The total crypto market cap added $3 billion during last week, but it is still down with approximately $485 billion since the same time a year ago. Ethereum is leading the recovery after jumping 17 percent and returning to the second spot as the most valuable cryptocurrencies. BTC-USD Bitcoin moved...

India: RBI Stalls its Plans to Launch Central Bank Digital Currency

January 3, 2019 by Aisshwarya Tiwari at Bitcoin, Finance, News, Regulation

According to a report from Business Line, published on January 1, 2019, the Reserve Bank of India (RBI) has stalled its plan to launch a national digital currency. Too Early for Central Bank Digital Currency The cryptocurrency ecosystem in India has been plagued with confusion and indecisiveness, and the latest...

HitBTC Freezes Customer Accounts before Proof of Keys Event

January 3, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Exchange, News

Digital currency exchange HitBTC has reportedly been freezing account withdrawals on January 1, 2019, just ahead of the launch of the much anticipated annual Proof of Keys event, the exchange's users have complained on Reddit. John McAfee’s Warning about HitBTC Comes to Light HitBTC, a popular cryptocurrency exchange, has been...

Cloaked Figure Working in Front of Multiple Green Screens

Hackers Threaten to Leak Confidential 9/11 Documents Unless Paid in Bitcoin

January 2, 2019 by Aisshwarya Tiwari at Bitcoin, Crime, News

Cybercriminal group “The Dark Overlord” has threatened to publicly release confidential files related to the 9/11 attacks if their ransom demands are not met, reports Motherboard on January 1, 2019. 9/11 Secrets up for Sale The hacker group tweeted on December 31, 2018, about their successful breach of the confidential database of...

Bakkt Raises $182.5 in Funding Round; Might Be Delayed beyond January 24, 2019

January 2, 2019 by Aisshwarya Tiwari at Bitcoin, Exchange, Finance, Investment, News

According to a Medium post published by Bakkt CEO Kelly Loeffler on December 31, 2018, the much-anticipated Bitcoin contracts trading platform has successfully raised $182.5 million during its first round of funding. Heavyweights Back Digital Assets Platform Bakkt’s first fundraising round saw participation from companies like the Boston Consulting Group, CMT...

Japanese Bitcoin with Japanese flag standing proud

Where Are They Now?: Japan, The Birthplace of Cryptocurrency Exchange Regulations

January 2, 2019 by Eddie Mitchell at Altcoins, Bitcoin, Blockchain, Business, Crime, Cryptocyclopedia, Exchange, Finance, Regulation

Unlike many regions of the world that are slowly beginning to tap the potential of cryptocurrencies and blockchain technology, some nations like Japan have been embroiled in crypto-mania from the very beginning. Japan is one of the frontrunners of blockchain adoption being home to numerous blockchain projects, startups, and cryptocurrency...

A Year in Cryptocurrency and Blockchain: Q3 2018

January 1, 2019 by Rahul Nambiampurath at Adoption, Altcoins, Bitcoin, Business, Commentary, Cryptocyclopedia, Development, Ethereum, Finance, Regulation

The third quarter of 2018 made it abundantly clear that regulators in the United States were simply not willing to approve a bitcoin-based exchange-traded product anytime soon. In the same timeframe, dwindling interest in large-scale mining operations caught hardware manufacturers off-guard. Meanwhile, decentralized cryptocurrency exchanges (DEX) grew in popularity, with...

Mining Sickle Struck through with Electricity

Taiwan: Man Arrested for Stealing Electricity Worth $3 Million to Mine Crypto

January 1, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Crime, Mining, News

According to a report by Yahoo Taiwan, published on December 26, 2018, a Taiwanese man has been arrested by the local police for allegedly stealing electricity worth over $3 million to mine cryptocurrencies. $14.5 Million in Mined Cryptocurrencies The suspect, a man with the surname Yang, has been accused of stealing...

Hand Pulling a Book of 2018 out of a Library Shelf

A Year in Cryptocurrency and Blockchain: Q4 2018

December 31, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Development

The final quarter of 2018 has proven to be a volatile period for the cryptocurrency and blockchain industries, with numerous new partnerships, controversies, and developments unfolding. Disappointingly, however, the cryptocurrency market dropped significantly towards the end of November. Notably, the crash took place after the market moved sideways for an...

Economic Rationality and the Bitcoin Network

December 31, 2018 by Alex Lielacher at Bitcoin, Cryptocyclopedia

The Bitcoin network has now been functioning for a decade. In that time, human beings have actively interacted with the system, participating as miners, running nodes, and making transactions. In addition to securing the network and increasing decentralization by contributing computing power, human beings have also played a significant role...

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