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Coinme to Expand Bitcoin Kiosk Service to More than 2,000 Locations

April 25, 2019 by Aisshwarya Tiwari at Bitcoin, Business, News

U.S.-based supermarket kiosk chain Coinstar, in partnership with blockchain startup Coinme, announced on April 24, 2019, that it is expanding the footprint of its bitcoin-buying service across 19 states and 2,000 locations in the country. Bitcoin Fever Continues to Surge Through the U.S. Coinme, a venture-backed fintech startup that is...

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These Finance Veterans Want to Pave the Way for a Legitimate Crypto Asset Class

April 25, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Finance, News

According to a Bloomberg report published April 25, 2019, Singapore-based Liquidity Offset Network, the world’s first clearinghouse for crypto derivatives could launch as early as July 2019 should it get the green-light from the Singapore Monetary Authority (SMA.) Ushering in the Era of a New Asset Class Towards the end of...

Lightning Labs Releases Lightning Network Client for Bitcoin Network

April 25, 2019 by Tokoni Uti at Adoption, Bitcoin, Development, News

Lightning Labs has hit a new milestone as it was announced on April 23, 2019, that they have released the first alpha version of the Lightning Network client for the main Bitcoin network. The Road to Bitcoin As anyone who's been active on Twitter over the last few months, one...

Bitcoin, Ether, and XRP Weekly Market Update December 23, 2019

Bitcoin, Ether, and XRP Weekly Market Update: April 25, 2019

April 25, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News Digest, Price Analysis, Ripple

The total crypto market cap lost $2.8 billion of value for the seven-day period and now stands at $177 billion. The top ten currencies are all in red for the same time frame with the only exception being bitcoin. The worst performers include Cardano (ADA) and EOS, with 11.9 and...

Texan Dark Web Drug Dealers who Sold Steroids to Professional Athletes Plead Guilty

April 25, 2019 by Alex Lielacher at Bitcoin, Crime, News

Two Texan men have pled guilty at the Manhattan Supreme Court to selling illegal steroids and other drugs on the dark web, reportedly netting $2.8 million during their five-year-long operation. Drug Dealers Plead Guilty Callaway Crain and Mark Sanchez, both 35, ran an illegal operation from 2013 to 2018 during...

Bitfury Join Forces with Final Frontier to Launch Bitcoin Mining Fund

April 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, Investment, Mining, News

Bitfury, one of the leading infrastructure providers for the Bitcoin blockchain, has collaborated with Final Frontier, a Swiss-based artificial intelligence (AI) and blockchain investment firm, to launch a regulated Bitcoin mining fund, according to a Reuters report on April 24, 2019. Exposing Institutional Investors to Bitcoin Mining Per sources close...

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BlockFi Reduces Minimum Bitcoin Deposit Required to Earn Monthly Interest

April 24, 2019 by Aisshwarya Tiwari at Bitcoin, Business, Finance, News

According to an article by Forbes published April 23, 2019, crypto lending startup BlockFi has slashed its minimum bitcoin deposit required to earn monthly interest from one BTC to 0.5 BTC. The startup has also announced that it will expand its business to India. BlockFi Slashes Required Amount of Bitcoin...

Bitcoin Crash Cost SoftBank Founder Masayoshi Son $130 million

April 24, 2019 by Tokoni Uti at Bitcoin, Business, Investment, News

It seems Masayoshi Son was one of the many who were affected by the 2018 crypto price slump as it was reported on April 23, 2019, that he lost $130 million after selling off his bitcoin after the crash. Count Your Losses While the latest crypto market slump affected the...

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Blockstream Trials First Trust-Minimized P2P Bitcoin Derivatives

April 24, 2019 by Alex Lielacher at Bitcoin, Blockchain, Finance, News

Blockchain technology company Blockstream has revealed that it was able to successfully complete a trust-minimized forward-contract transaction on the Bitcoin blockchain. The transaction occurred on April 16 between Blockstream and Crypto Garage. The official research paper was published on April 19, 2019. An Intro to Crypto Garage Crypto Garage is...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin and Ether Market Update: April 24, 2019

April 24, 2019 by Georgi Hristov at Bitcoin, Cryptocurrency Market Outlook, Ethereum, News Digest, Price Analysis

The total crypto market cap increased by $5.7 billion to $182.3 since April 22, 2019. The top ten currencies are all in the red for the 24-hour period with Cardano (ADA) and Litecoin (LTC) being the worst performers at 4.5 percent and four percent losses respectively. At the time of...

Bitcoin Sim Swap Thief Nets 10-Year Jail Term

April 23, 2019 by Osato Avan-Nomayo at Bitcoin, Crime, Cybersecurity, News

Joel Ortiz, the principal suspect in a Bitcoin theft case, has been sentenced to years in prison according to a release from the office of the District Attorney of Santa Clara County, April 22, 2019. The 21-year old former Boston student stole cryptocurrency over $7.5 million from 40 victims via...

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Defunct Exchange Gatecoin Highlights the Need for Regulations for Legal Ownership of Crypto Assets

April 22, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Exchange, News, Regulation

The fate of users of the now-defunct cryptocurrency exchange Gatecoin lies in the doldrums due to the lack of clear regulations which could fixate the legal ownership of crypto assets. This according to a report by South China Morning Post, published April 22, 2019. Lack of Regulations Hampering Crypto Growth...

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Bitcoin Continues to Climb on the Back of Positive Momentum: BTCManager’s Week in Review April 22, 2019

April 22, 2019 by Alex Lielacher at Bitcoin, News, News Digest

The price of bitcoin has increased by over four percent week-on-week to $5,333 per coin as investors are starting to buy bitcoin again now that the ‘crypto winter’ is considered over and the sentiment is turning bullish. The Big Stories The biggest news of the week in 'all things bitcoin'...

Market Update and Ripple XRP Price Analysis: April 22, 2019

April 22, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Price Analysis, Ripple

The total crypto market cap lost $4.20 billion of its value since Friday, April 22, and now stands at $176.8. Top ten cryptocurrencies registered are all in red for the 24-hour period with Cardano (ADA) and Litecoin (LTC) being the worst performers with 5.2 and 6.4 percent of losses respectively....

United States: FinCEN says Crypto Exchanges must Share Customer info by June 2020

FinCEN Penalize Bitcoin Exchanger for Unlawful Practices

April 19, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, Exchange, News, Regulation

The United States Financial Crimes Enforcement Network (FinCEN) has ordered Eric Powers, the operator of a peer-to-peer Bitcoin exchange, to pay a fine of $35,000 for willfully violating the Bank Secrecy Act’s (BSA) registration for failing to register as a money services business, according to a press release on April...

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