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Managing Director Of EXMO Cryptocurrency Exchange Kidnapped In Kiev

December 31, 2017 by Ogwu Osaemezu Emmanuel at Bitcoin, News

In the past, kidnappers abducted their victims for cash ransoms or to leverage power in their favor. Recently, with the proliferation of digital cash, these bandits are adding a new reward to their list of bounties; cryptocurrencies. Crypto-Investor Abducted Pavel Lerner, a Russian crypto investor, programmer and business mogul was...

Hedge Fund Manager: Near Impossible to Short Bitcoin Bubble

Tilman Fertitta: Bitcoin Here to Stay, Similar to the Dot-Com Bubble

December 30, 2017 by Akshay Makadiya at Bitcoin, Business, Commentary, News

Tilman Fertitta, American billionaire businessman and television personality, explains that Bitcoin is no different than the dot-com bubble of the late 1990’s. “It’s no different than anything new. Everybody forgets that if you put ‘.com’ at the end of your name just 20 years ago, your stock ran up.” Fertitta...

A bitcoin man holding a Vietnamese flag walking through a grass field.

Many Vietnamese Businesses Still Accepting Bitcoin Payments Despite Government Warning

December 30, 2017 by Priyeshu Garg at Bitcoin, Business, News, Regulation

The Vietnamese government seems to be struggling to enforce its crackdown on bitcoin transactions and activity. According to reports, many business establishments including restaurants and cafes are still accepting the digital currency for payments despite government warnings. Active Bitcoin ATMs Expectedly, the government is not taking kindly to these reports...

Israeli Authorities Set to Ban Cryptocurrency-Related Firms From Listing On the Stock Exchange

Israeli Authorities Set to Ban Cryptocurrency-Related Firms From Stock Exchange

December 30, 2017 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Commentary, Finance, News, Regulation

While some claim that cryptocurrencies have been one of the most significant creations of man in the 21st century, some governments and financial institutions see digital cash as a considerable threat that could make them obsolete if not adequately handled. In a slew of events, Israel has revealed itself as...

Bitcoin Miners Rejoice As NiceHash Returns With The Promise To Restore Stolen Wallets

December 29, 2017 by Priyeshu Garg at Altcoins, Bitcoin, Mining, News

It was nothing short of a nightmarish situation for many NiceHash users when the Slovenia-based bitcoin mining pool’s website mysteriously disappeared on December 6, 2017. Not too long after, the company revealed that it was facing a cyber attack. Massive Mining Loot NiceHash confirmed that it had lost nearly 4,450...

Israel Government Considering National Cryptocurrency

December 29, 2017 by Andrew Weilbacher at Bitcoin, Blockchain, Business, Commentary, News, Regulation

Following in the strides of Russia and Dubai, Israel is thinking of offering a federal cryptographic money - a computerized shekel - which would correspond to the physical currency. Interest in National Cryptocurrency, not Bitcoin If the national bank gives the venture the green light, the Israeli government is prepared...

Asian Countries That Have Contributed To The Growth Of Bitcoin So Far

December 29, 2017 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, News, Regulation

It is no longer news that bitcoin is the world's most valuable and most expensive cryptocurrency, neither is it news that the Bitcoin market capitalization is over $270 billion. Moreover, its market cap has established itself far above some blue-chip firms like Visa, Mastercard, Walt Disney, IBM, McDonald's and many...

WikiLeaks Founder Urges Cryptocurrency Donations After US Financial Blockade

December 29, 2017 by Rahul Nambiampurath at Bitcoin, Commentary, Finance, News, Regulation, Tech

In a series of tweets on December 17, 2017, the founder of WikiLeaks, Julian Assange, alleged the United States government of breaching citizens' First Amendment rights. He also accused the government of politically-induced financial censorship after it began obstructing US-based individuals from donating to the organization. Thus, in light of...

Bitcoin Mining in 2018: Is the Juice Worth the Squeeze?

December 28, 2017 by Priyeshu Garg at Altcoins, Bitcoin, Business, Commentary, Mining, News

2017 has been ablaze with investors and opportunists making money from bitcoin in every way imaginable. While some buy to hold and some trade between cryptocurrencies, others are still mining new coins. Bitcoin Mining Profitability – USD/Day per THash/s Although mining is considered highly lucrative by those who know how...

Winklevoss Brothers Unwaveringly Bullish on Bitcoin

December 28, 2017 by Priyeshu Garg at Bitcoin, Business, Commentary, Finance, News

The Winklevoss twins are celebrities in the overlapping worlds of finance, investing and cryptocurrency. Having bought $11 million worth of bitcoin when it was still relatively unknown, the pair made headlines in the first week of December 2017, when they became the some of the first investors to be made...

“Member’s Only” Bitfinex Accused of Foul Play

December 27, 2017 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News

The largest bitcoin exchange in the world, Bitfinex, has put itself in an awkward position after suddenly and inexplicably changing its new-members policy to invite-only. According to the exchange, this move was made with the intention of increasing web traffic to the site, yet it appears to have generated quite...

Central Bank of the Philippines Plans to Regulate Bitcoin

December 27, 2017 by Priyeshu Garg at Bitcoin, Business, News, Regulation

Bankgo Central ng Pilipinas (BSP) is looking to regulate bitcoin and other digital assets in the Philippines. Seeking Guidance in an Unregulated World According to Chuchi Fonacier, Deputy Governor, the bank plans to impose new regulations for cryptocurrencies. The Philippine official wants specifically to work with exchanges and businesses whose...

Cryptocurrency Crimes continue to Run Rampant, Expected to Increase in 2018

December 27, 2017 by Rahul Nambiampurath at Altcoins, Bitcoin, Commentary, News

Bitcoin’s recent all-time high price of $19,666 and the success of smaller digital assets in 2017 has made the owners of cryptocurrencies a rather large target for hackers and fraudsters looking to make a quick buck. Thus, with the year coming to a close, it looks increasingly likely that 2018...

Australian Company Set To Launch A National Cryptocurrency Exchange

December 24, 2017 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

The constant volatility and Bitcoin price fluctuations have not deterred many investors from joining the “Bitcoin spacecraft to the moon.” Instead, with each passing day, new businesses are springing up in the cryptocurrency ecosystem. Startups and new firms who previously were nowhere near the Blockchain path are now re-engineering their...

Bitcoin Maximalist Claims Manipulation in Recent SBI Backing Venture

December 22, 2017 by Liam J Kelly at Bitcoin, Commentary, News

In yet another jousting session, Twitter user WhalePanda outlined the potential ways in which the Bitcoin Cash team may have taken advantage of Japanese technology provider SBI BITS Co., Ltd., and nChain, a British blockchain research group. The original announcement on December 6, 2017, stated that the two would be...

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