#Bitcoin

Bitcoin Price Dips Below $10,000 on Regulatory Fears, Rumors of Binance Hack

March 7, 2018 by Jamie Holmes at Altcoins, Bitcoin, Commentary, Finance, News

The price of bitcoin has broken below $10,000 for the first time since February 26 on a statement from the SEC regarding cryptocurrency exchanges. The SEC statement, released on March 7, reads, “If a platform offers trading of digital assets that are securities and operates as an "exchange," as defined...

$25 Million Worth of Bitcoin to Be Auctioned Off by US Marshals

March 7, 2018 by Andrew O Malley at Bitcoin, Finance, News, Regulation

There is a sale planned for March 19, 2018, in which the United States Marshals are aiming to auction almost $25 million in bitcoin (BTC). The sell-off would be a significant portion of their crypto stockpile accumulated in recent times. Expensive Seat at the Table: Auction Specifics They announced their...

Pawn Shops in Ukraine Set to Start Accepting Cryptocurrencies as Loan Security

March 7, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Finance, News

Networks of pawnshops in Ukraine are tired of standing on the sidelines watching crypto take over the world. These money lenders have decided to join the blockchain money spaceship to the moon. Crypto Collateral Loan offices in Ukraine are creating a unique lending service targeted at crypto holders. Borrowers will...

Why Security Has Become a Major Talking Point for Blockchains

March 7, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, Ethereum, News, Tech

2017 was the year in which cryptocurrencies took off on a global scale. People across the globe began investing in them, and the increasing demand led bitcoin to an all-time high of $19,666 in December 2017. However, even though digital currencies may appear on the surface to be enjoying their...

South African Investors Swindled Out of More Than $50 Million Through Bitcoin Scam

March 6, 2018 by Andrew O Malley at Bitcoin, Finance, News

While the popularity of cryptocurrencies is ever increasing and more and more people are getting involved in the investment side of digital currencies, there are still a lot of pitfalls in the sector that need to be avoided. Whenever there is an industry where significant sums of money are flooding...

JPMorgan Chase: Bitcoin Gradually Disrupting the Banking Industry

March 6, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Tech

Bitcoin, the world's flagship blockchain-based digital money have come under constant criticisms by many in the corporate world, with some calling it a ‘fraud' invested in by ‘stupid' people. However, the king of cryptocurrencies has stood its grounds over the years and now, large banks like JPMorgan whose CEO is...

Brazilian Pastor Stages Own Kidnapping in an Attempt to Get 3 Bitcoin from Family Members

March 6, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, News

The crypto craze has proved yet again it’s a respecter of no man, as a Christian cleric has faked his kidnap, demanding a three bitcoin ransom from his family. Unfortunately for the greedy pastor, his family couldn’t just end their HODL to fund his release. Spiritual Bitcoin As per Gospel...

Bitcoin Exchange Bittrex to Cut Off US-Embargoed Countries

March 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Regulation

Under a new set of terms of service set to launch in a few days, cryptocurrency owners from North Korea, Iran, Crimea, Syria, and Cuba will no longer be able to trade through Bittrex, currently one of the world’s leading cryptocurrency exchanges. The Seattle-based company first announced its new terms...

South Korean Cryptocurrency Exchange Hacked By North Korea

Leading Expert Believes North Korea Could Have Accumulated Over $200 Million from Bitcoin

March 6, 2018 by Andrew O Malley at Altcoins, Bitcoin, Business, Finance, News, Tech

North Korea has constantly been in the news for all of the wrong reasons in recent years. Whether it is related to missile testing or defectors, they have been receiving a lot of negative attention from the press. As a result of their wrongdoings, there have been wide-ranging sanctions placed...

Binance is now the Largest Cryptocurrency Exchange and Faster Ever 'Unicorn'

Binance Revenue Jumped From $7.5 Million To $200 Million in Just One Quarter

March 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Regulation, Tech

The CEO of one of the most successful cryptocurrency exchanges in the world has published a smattering of this thoughts on LinkedIn. Entitled the “Benefits of Crypto Part 1 - to Countries,” Changpeng Zhao’s article outlines some of the hugely empowering and positive aspects of virtual coins and exchanges. Cryptocurrencies...

Bitcoin for International Trade: Ukrainian Shipping Company is the Latest Adopter

Bitcoin ‘Big Whale’ Bill Miller Undeterred by Recent Cryptocurrency Bearish Run

March 6, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, News, Tech

Bitcoin critics believe nothing good will ever come out of crypto, labeling virtual currencies an outright bubble. However, bitcoiners and crypto enthusiasts are entirely undeterred by the criticisms of people in the outside world or even the massive bloodbath that pushed the price of bitcoin down to $6,000. Bubbles are...

Two Futurists Believe Cryptocurrencies Will Replace National Currencies in 2030

March 5, 2018 by Andrew O Malley at Altcoins, Bitcoin, Commentary, News, Tech

Ever since bitcoin first came to the fore nearly a decade ago, futurists have been fascinated as to what the future may look like if cryptocurrencies are adopted on a mass scale. Convincing a New Generation of Investor For the general public, they may not have much of a grasp...

The “Big Bitcoin Heist” On Ice

March 5, 2018 by Michael Scott at Bitcoin, Mining, News, Tech

In what has been coined the “big bitcoin heist,” 600 computers used for bitcoin mining have been stolen from data centers across Iceland. Authorities in that sparsely populated island nation on the Arctic Circle say that it’s the largest series of robberies ever to hit Iceland. Police there believe that...

With the New Casa Bitcoin Cold Storage Wallet Hackers Stand no Chance

March 5, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Tech

Cryptocurrencies have all the security functionalities of blockchain technology, making them the safest way to send money yet. However, where the problem lies is with the methods of storing these blockchain-based currencies. In recent times, there have been countless cases of hacks and crypto thefts due to the carelessness of crypto...

Bitcoin Billionaires Winklevoss: Ethereum Like ‘Oil’ and Litecoin a ‘Test Network’

March 5, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Commentary, News, Tech

Speaking at an event hosted by the Museum of American Finance in New York on February 27, 2018, bitcoin billionaire Tyler Winklevoss along with his twin brother, Cameron, said that he supports the long-standing and popular argument in the industry that the leading cryptocurrency is a form of digital gold....

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