#Bitcoin

”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town

September 6, 2018 by Priyeshu Garg at Adoption, Bitcoin, Business, Mining, News, Regulation

The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of...

Finnish Bitcoin Scam Victim Withdraws Case against Thai Fraudsters

September 6, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, News, Regulation

Aarni Otava Saarimaa, a 22-year old Finnish national who fell victim to a bitcoin scam scheme organized by Thai fraudsters in June last year, has reached a “satisfactory” agreement with the criminals and has requested a withdrawal of the case, as first reported by Bangkok Post on September 4, 2018....

Bitcoin, Ether, and XRP Weekly Market Update

September 6, 2018 by Georgi Hristov at Altcoins, Bitcoin, Commentary, Ethereum, Finance, News, Price Analysis

Bitcoin closed the day with a red candle on August 29, 2018, just above the $7,000 mark. The biggest cryptocurrency could not recover and dropped to $6,800 during the intraday trading session on August 30, before going back up to the $7,000 zone. BTC-USD The news that Yahoo Finance would...

Bitcoin Transactions Get a Charge from the Lightning Network

September 6, 2018 by Eric Czuleger at Adoption, Bitcoin, Blockchain, Development, Finance, News

On September 5, 2018, the Lightning Network launched hoping to give Bitcoin adoption another charge. Lightning Network collaborated with payment processing startup CoinGate which is adding 4,000 merchants to the off-chain system CoinGate merchants can accept payments from the Lightning Network which include high-end watch brands like Chronoswiss, and Louis...

Australia’s Great Keppel Island to Be Revamped Through $300 Million Crypto Funding

September 6, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Finance, Investment, News

Per a report by The Sydney Morning Herald, on September 4, 2018, the Great Keppel Island in Queensland, Australia, is set to get “tokenized” to revamp the island’s economy which has seen better days in the past. Crypto Paradise Down Under Leisure islands and cryptocurrencies seem to meet at every...

Goldman Sachs Abandons Plans to Launch a Cryptocurrency Trading Desk

September 6, 2018 by Nuno Menezes at Bitcoin, Business, Development, Finance, Investment, News

According to Business Insider on September 5, 2018, Goldman Sachs is no longer opening a bitcoin trading platform and instead is planning on launching a key business to streamline and drive investment from Wall Street onto Crypto. Goldman Sachs Backtracks Fearing a regulatory crackdown on crypto, Goldman Sachs set aside its...

Deutsche Börse Stays Ahead of the Crypto Curve with Blockchain-Exclusive Research Group

September 6, 2018 by Liam J Kelly at Bitcoin, Blockchain, Exchange, Finance, Investment, News

On September 3, 2018, reports emerged that the Frankfurt-based Deutsche Börse has assembled a 24 person team to explore the potential behind blockchain technology. The move comes in a long line of similar announcements and cements the financial heavyweight’s embrace of novel technology. Leaning In: The Future of Finance Before...

Indian Cryptocurrency Exchange to Process all “Stuck” INR Balances despite Central Bank Ban

September 6, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Exchange, Finance, News, Regulation

Zebpay, an Indian cryptocurrency exchange , announced to all customers on September 4, 2018, outlining its intentions to return all INR balances to customer bank accounts, regardless of the country’s strict directive against doing so. Bold Steps As stated in the mail, Zebpay noted the lack of financial avenues has led...

ShapeShift Cryptocurrency Exchange Launches Membership Program, Set to Start Collecting Users’ Personal Data

September 6, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

ShapeShift, a global digital assets exchange headquartered in Switzerland has announced the launch of its membership program that would soon make it mandatory for users to submit their basic personal information, as stated in the firm's news release on September 4, 2018. A Total Paradigm Shift According to a ShapeShift...

Phillipines Considers Exchange Guidelines Ahead of Unveiling ICO Laws

September 6, 2018 by contributor at Altcoins, Bitcoin, Exchange, Finance, News, Regulation

Following the footsteps of regional developments in South East Asia, the Philippines Security and Exchange Commission could soon pass relevant laws for the operation of cryptocurrency exchanges in the country, Manila Times reported September 3, 2018. Philippines’ Crypto Push Amidst growing interest in cryptocurrency and related businesses, the SEC observed...

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