#Bitcoin

U.S. Federal Court Accepts Cryptocurrency for Bail of Hacker

August 21, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Finance, News, Regulation

According to an Engadget report on August 19, 2018, a United States Federal Court has ordered Martin Marsich -the hacker who allegedly broke into the internal computer network of a Redwood City video game firm, Electronic Arts (EA) - to pay for his bail with $750,000 worth of bitcoin or other...

FINRA Releases Alert on Cryptocurrencies and ICOs

August 21, 2018 by Cindy Huynh at Altcoins, Bitcoin, ICO/IEO, News, Regulation

According to the Financial Industry Regulatory Authority (FINRA), Initial Coin Offerings (ICOs) and cryptocurrencies are investments that have significantly higher risks than conventional assets like stocks and bonds. FINRA noted that cryptocurrencies hold significant uncertainty and may even be fraudulent. While all forms investments come with a certain level of...

Is Bettergram Really Better? A Deep Dive into Telegram’s Crypto-Specific “Hard Fork”

August 20, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, Cryptocyclopedia, Platform, Tech

While Reddit and BitcoinTalk have historically been the two major platforms for cryptocurrency-related discussion, that has changed almost entirely in the past few years. Chat applications such as Slack and Discord are increasing in popularity due to their ease of use and wide availability. Of all the platforms, however, Telegram...

Cointree and Gobbill Partner to Let Aussies Pay Their Bills with Cryptocurrency

August 20, 2018 by Cindy Huynh at Adoption, Bitcoin, Finance, News

Two local Fintech startups in Australia are now making it possible for local Aussies to pay any bill in cryptocurrencies. Gobbill, an automated billing platform and Cointree, a cryptocurrency exchange, have partnered to allow Australians to pay in cryptocurrencies regardless of whether the company accepts the medium of exchange. $100...

CME Proposes Limits To Temper Bitcoin's Volatility

Crypto is a Good Store of Value as it Lacks Correlation With Financial Markets

August 20, 2018 by Joseph Young at Altcoins, Bitcoin, Business, Finance, News

Over the past 72 hours, the crypto market and major digital assets including bitcoin have recorded substantial gains against the U.S. dollar, with tokens rising by more than 50 percent, as financial markets struggled. Lack of Correlation with Financial Markets Since 2012, the crypto market has experienced a pattern of...

House Always Wins: Cryptocurrency Exchange Revenues May Double This Year

August 20, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Exchange, Investment, News

The report titled ‘Crypto Trading--The Next Big Thing is Here’ from Sanford C. Bernstein & Co. shows that crypto exchanges have the potential to more than double their revenues as much $4 billion in 2018. Crypto Trading Revenue Growth In 2017, buying and selling of cryptocurrencies generated revenue to the...

Crypto Mining Apps Continue to List on Google PlayStore Despite July 2018 Ban

August 19, 2018 by Pratik Makadiya at Bitcoin, Mining, News, wallet

In July 2018, Google Play had announced that cryptocurrency mining apps would not be permitted on its browser or any platform supported by the company. However, Google's Play Store continues to list applications that enable mining of cryptos such as bitcoin and others. Mining Apps Are Still Revolving in Playstore...

Cloud Mining Platform Genesis Wants “Unprofitable” Miners to Upgrade Their Contracts to Avoid Termination

August 19, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Mining, News, Regulation, Tech

The bearish trend that has been affecting the global crypto market for a while now seems to have finally taken its toll on Genesis Mining, one of the world’s leading cloud mining providers. The company published a blog post on Aug 16, 2018, implying that it is left with no...

Nvidia Says its Crypto Businesses is Never Coming Back, Officially Out

August 19, 2018 by Joseph Young at Altcoins, Bitcoin, Business, Mining, News

In a second-quarter earnings call, Nvidia CEO Colette Kress has said that the revenues from its cryptocurrency venture have declined to a point in which the chip manufacturing conglomerate will now have to back out from the crypto sector. $100 Million to $18 Million In early 2018, Nvidia expected its...

Binance Form Alliance with LCX to Launch Binance LCX Crypto-to-Fiat Exchange

August 19, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Investment, News, Regulation

Binance, the world's largest cryptoassets exchange by 24-hour trading volume, has announced the launch of a fiat-to-crypto exchange in the heart of Europe. It will offer trading between the Swiss Franc (CHF) and Euro (EUR) against a handful of established digital assets, as per an August 16, 2018, press release....

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