#Bitcoin

Café that Shuns Cash and Welcomes Bitcoin Opens in Singapore

January 4, 2018 by Julia Travers at Bitcoin, Business, News

On December 21, 2017, cryptocurrency firm and mining company Ducatus opened the doors of the new cashless, cryptocurrency-accepting Ducatus Café in Singapore, where, according to their Facebook page, “Cafe life meshes with the Crypto life.” Ducatus said its café is the first of its kind in Singapore and unique in...

Bitcoin Still Too Small in India to be Regulated

January 4, 2018 by Rahul Nambiampurath at Bitcoin, Commentary, News, Regulation

Cryptocurrency exchanges in India are bullish on the adoption of bitcoin and other digital currencies in the country. But many don’t believe the market is large enough for the Reserve Bank of India (RBI) or the Ministry of Finance to intervene and regulate yet. Companies belonging to the ecosystem also...

Bitcoin man sitting in the desert on throne with staff and Arabian crown

The Grand Mufti of Egypt Debates Bitcoin’s Legitimacy

January 3, 2018 by Liam J Kelly at Bitcoin, Commentary, News

In a recent announcement the Grand Mufti of Egypt, Sheikh Shawki Allam, suggested he would be in favor of a ban on cryptocurrency trading. In referring to Sharia law, the moderate Sunni leader cited its capacity to fund terrorist activity and lack of formal backing as reasons for his endorsement....

First State Advisory on Bitcoin: Warns Against it

January 3, 2018 by Priyeshu Garg at Bitcoin, Commentary, News, Regulation

The state of Massachusetts is quite possibly the first to issue a formal investor advisory on bitcoin. In this case, the local government advises against the cryptocurrency. Tread Carefully with Crypto Investing According to William Galvin, Secretary of the Commonwealth, the digital currency is entirely speculative and should be avoided...

RaiBlocks Offers an Efficient Solution to Bitcoin's Transaction Woes

A Beginner’s Guide to Newcomer RaiBlock

January 2, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, News, Tech

Since the release of bitcoin in 2009 and by extension, the cryptocurrency ecosystem, have both come a long way. Tossing aside the inevitable discussion about bitcoin’s, which reached astronomical highs in 2017, the past year was also a significant one regarding feature additions and quality of life improvements for the...

Why Asia-Pacific Countries Are Preparing To Tighten The Noose On Cryptocurrencies

January 2, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Commentary, News, Regulation

Over the past few weeks, many have heard prominent analysts and corporate bosses predicting a rather gloomy future for cryptocurrencies. Most of them have openly expressed their reservations against the so-called bitcoin “bubble” which caused unprecedented growth in the virtual currency’s dollar-valuation in 2017. Spillover into Traditional Markets Despite all...

A road splitting at a bitpay sign. It has a fork in it implying that bitpay is separating ways.

Bitpay Moves from Supporting Bitcoin Cash, then Back to Bitcoin in 24 Hours

December 31, 2017 by Nuno Menezes at Bitcoin, Business, Commentary, News, Tech

The digital currency industry has had a difficult time parting itself from hundreds of scams and financial plots which earned the industry a bad name. Almost every month, we hear about a new attack or hoax in the cryptocurrency ecosystem. Change of Heart In yet another scandalous move, BitPay was...

Bitcoin and Ethereum to Face Serious Competition From Lighter Blockchains

December 31, 2017 by Robert DeVoe at Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

In an article that appeared in Forbes, the author goes over several reasons why he feels that less popular or newer blockchain projects could one day unseat the duopoly that the top two players hold today. His argument largely boils down to issues of scalability, confirmation times, and transaction fees....

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...

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