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IronX Cryptocurrency Exchange Obtains Regulatory Approval in Crypto-Friendly Estonia

September 19, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

IronX, a cryptocurrency exchange established in June 2018 by the IronFX Group and EmurgoHK, the founders of the Cardano (ADA) distributed ledger technology (DLT) project, has received the approval of the Estonian Financial Intelligence Unit (FIU), to conduct business in the region as a fully regulated cryptocurrency trading venue. The...

More Than Half of all Circulating Bitcoin Parked in Whale Wallets

September 19, 2018 by Priyeshu Garg at Bitcoin, Commentary, Exchange, Finance, Mining, News, wallet

Over 55 percent of bitcoins currently sit in wallets that have never made an outgoing transaction and have balances upwards of 200 coins, Diar reported on September 17, 2018. Whale-Sized Wallets Dominate the Market Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in...

Statue of Liverty with a Bitcoin Torch illuminating New York

NY AG Underwood’s Report Identifies High Risk of Market Manipulation in Cryptocurrency Industry

September 19, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

In an exhaustive 32-page report published by the New York Attorney General’s office, dated September 18, 2018, found that cryptocurrency exchanges appear to lack basic consumer protection mechanisms and do next to nothing to prevent market manipulation. The "Virtual Markets Integrity Report” went on to claim that as many as...

Crypto Mom Hester Pierce Hugged by crypto

“Crypto Mom” Reminds SEC to be Friendlier with the Crypto Industry

September 19, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, Finance, Investment, News, Regulation

SEC Commissioner Hester Peirce, also affectionately known in the crypto community as “Crypto Mom,” has once again stepped forward urging the government and regulatory bodies to embrace digital assets. Crypto’s Regulatory Love Story She argued that the ongoing technological revolution in the realm of financial services is rich in potential...

This Company Is Using Bitcoin to Help Others Pay for Ransomware Attacks

September 18, 2018 by Priyeshu Garg at Bitcoin, Business, Commentary, Crime, News

A company based in Norwalk, Connecticut is helping small businesses deal with ransomware attacks by negotiating with cybercriminals to reduce ransom amounts and paying them in bitcoin, a Forbes report from September 17, 2018, showed. When "Never Pay" Is not an Option While ransomware attacks have become a new normal...

Reddit User Exposes his Crypto Astroturfing Operation

September 18, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, News, Platform

The shadowy world of spam marketing and sock puppeting on behalf of cryptocurrency and blockchain projects has hit the headlines for its impact on Twitter users. The ubiquitous “crypto giveaway” scam has targeted everyone from Roger Ver to Pope Francis. Less known is how this complex shilling operation functions on...

The 21-Day Bitcoin Challenge: Can you Survive on Nothing but Cryptocurrencies in China?

September 18, 2018 by Priyeshu Garg at Bitcoin, Business, News, Regulation

A Chinese Bitcoin enthusiast is currently filming her attempt to survive 21 days by living on nothing but bitcoin. A recent documentary shows her trying to retrieve food, housing, and necessities all through cryptocurrency transactions done on her phone. The cryptographic adventure is airing on iQiyi, China’s Netflix equivalent, TechCrunch...

Bitcoin Stabilizes above Important $6,000 Resistance as Bulls Manage to Fight Off Bears: Week in Review September 17

September 18, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

The price of bitcoin closed the week three percent higher, around the $6,500 mark, as bulls managed to regain the upper hand to allow bitcoin to remain above its most recent $6,000 resistance. In the past seven days, blockchain media was filled with stories of regulators cracking down on fraudulent...

Zero Commision Stock Trading Platform Robinhood to Debut Crypto Trading

Robinhood Is Making a Fortune from Its Millenial Mob of Crypto Traders

September 18, 2018 by Liam J Kelly at Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, News, Platform

Robinhood has been making waves since it launched its zero-fee crypto trading platform in 2013. The adoption of different altcoins, regulatory approval in a handful of American states, and a fast-growing user base have all pointed to a potential unicorn in the space. Despite all these positive signals, however, a...

XBT Provider Launches Another Crypto Basket

September 18, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Regulation

Stockholm-based XBT Provider AB, the company that created the first exchange-traded bitcoin trackers, now wants to offer a whole basket of digital currencies to bet on, Bloomberg reported on September 16, 2018. XTB Fills up Basket The company that created the first exchange-traded bitcoin trackers now wants to offer a...

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