#Bitcoin

BitFlyer Hit With “Business Improvement Order,” Suspends The Creation of New Accounts

June 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, News

Japan’s largest cryptocurrency exchange, BitFlyer, has placed a moratorium on the creation of new accounts following intervention from the country’s principal financial services regulator, the FSA. The restriction was put in place after the FSA placed a ‘Business Improvement Order’ on the exchange on June 22, 2018. BitFlyer received the order alongside...

Ethereum’s Billionaire Co-Founder Bullish on the Chinese Cryptocurrency Sector, Lists Qtum and VeChain

June 25, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Commentary, Ethereum, News

Cryptocurrency billionaire Anthony Di Iorio, co-founder of Ethereum and early investor in Bitcoin, is turning towards the Chinese cryptocurrency market in hopes of repeating his investment success. VeChain and Qtum on Billionaire's List In an interview with Bloomberg on June 22, 2018, Di Iorio expressed his thoughts on the cryptocurrency...

Chinese Police Raid Illegal Bitcoin Miner’s Home, Seize 200 Computers

June 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Crime, Mining, News

A private residence in Anhui Province, Eastern China has become the scene of yet another incident of electricity theft in an illegal cryptocurrency mining operation, with a police raid revealing an illicit setup of 200 computers mining bitcoin and ethereum. The story, which was reported in Chinese media is yet...

Winklevoss Twins Win Yet Another Crypto Trading Patent

June 24, 2018 by Priyeshu Garg at Bitcoin, Business, News, Tech

Famous cryptocurrency duo Tyler and Cameron Winklevoss have successfully registered yet another patent related to crypto investment with the US Patent and Trademark Office. The new patent, which was announced on the USPTO website on June 21, 2018, is related to the creation of exchange-traded products linked to digital assets....

Bitcoin’s Bad Year May Not Turn Around Anytime Soon

June 24, 2018 by Crypto Advocate at Bitcoin, Finance, News

Cryptocurrency and blockchain technology continue to spread across the world, yet somehow, the most well-known cryptocurrency has been plummeting all year. Bitcoin (BTC) is currently the world’s biggest cryptocurrency with a market cap at time of writing of $105.5 billion. Since reaching its highest value of nearly $20,000 in December...

Crypto Facilities Eyes Litecoin (LTC) Derivatives Launch

June 23, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, News, Tech

Since the first bitcoin futures contracts were launched in December 2017, when the price of bitcoin saw an all-time high of $20K, more firms have joined the bitcoin derivatives bandwagon. In the latest development, a UK-based regulated trading platform that created the first Ethereum futures contracts is set to launch...

Korean Crypto Exchange Loses $31 Million To Hackers

Korean Cryptocurrency Exchange Loses $31 Million to Hackers

June 23, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Business, News, Tech

The hack of Korean cryptocurrency exchange Bithumb on June 20, 2018, has once again raised concerns over the security practices of cryptocurrency exchanges. Here, the attackers made away with digital coins worth an estimated $31 million. While that figure does not eclipse the infamous Mt Gox hack of 2014, it...

Investors Should Sleep with One Eye Open as a Reckoning is Coming for ICOs.

June 23, 2018 by Crypto Advocate at Altcoins, Bitcoin, Blockchain, Commentary, News, Regulation, Tech

Initial coin offerings (ICOs) have been a useful tool as they have led to an explosion of start-up companies all around the world as these companies can raise billions of dollars through this fundraising method. However, according to the president and CEO of BATS Global Markets (Cboe), Chris Concannon, the...

UBS Group CEO believes blockchain is key to boosting efficiency

UBS CEO Believes Blockchain is The Solution to Banking Woes

June 23, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Business, Commentary, News, Tech

Sergio Ermotti, the Chief Executive Officer of Swiss investment bank UBS, believes that blockchain may be the answer to the banking industry’s woes. UBS Chief Discusses Blockchain When asked about blockchain technology in an interview with Finder on June 19, 2018, Emotti replied affirmatively. “It's almost a must. The freeing...

Tether’s Transparency Update Report Raises More Questions Than it Provides

June 23, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

In an exciting turn of events, the people at Tether seem to have finally done what they have not been able to do since dissolving their relationship with their auditor six months ago - produce an independent report on their currency reserves. While still not an actual audit, the report...

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