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Founder of Brazil’s Largest Bitcoin Exchange Dead at 24

December 29, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Commentary, Exchange, News

Gustavo Schiavon, one of the founders of Brazil's largest cryptocurrency exchange, Foxbit, died in a car accident involving several vehicles in São Paulo, Brazil, local news outlet Globo reported on December 25, 2018. Young Brazilian Crypto Entrepreneur Dies in a Car Accident Tragedy has struck Brazil as the country's crypto...

190 Firms Interested in Launching Operations in the Japanese Cryptocurrency Market

December 29, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Business, Exchange, Finance, News, Platform

Japan's Financial Services Agency (FSA) has reportedly revealed that 190 firms have shown an interest in becoming operators in the Japanese cryptocurrency market, which makes it a slight increment from the number of companies that had expressed their intention earlier in August, according to a report by Finance Magnates on...

3 Bitcoin Improvement Proposals That Aim to Increase Privacy for Bitcoin Users

Crypto Privacy Part 1: Bitcoin, Tumblers, and Privacy in the Digital Age

December 28, 2018 by Liam J Kelly at Altcoins, Bitcoin, Crime, Finance, News, Platform, Tech

As private enterprises gather around the tracking possibilities of pseudo-anonymous Bitcoin, the crypto community is becoming all too aware of the necessity of privacy applications. Such a need has generated bushels of altcoins each hoping to outdo the last. Much graver implications than a booming market cap, however, are at...

Samourai Wallet Introduces Coin Tracking Service Ricochet

December 28, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Development, News, wallet

Samourai wallet has introduced a new privacy feature that prevents coin tracking services from freezing users' funds and blocking their accounts, looking to tap into the market of those looking for complete privacy, the company explained in their blog post back in January 2017. The Problem with Bitcoin Blacklists Ever...

Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Former Mt. Gox CEO Maintains Innocence in Tokyo Trial Closing Arguments

December 28, 2018 by Priyeshu Garg at Bitcoin, Exchange, Finance, News, Regulation

Mark Karpelès, the former head of the collapsed cryptocurrency exchange Mt. Gox, apologized for losses that bankrupted the company but insisted that he was innocent of charges of embezzlement during the closing arguments of his Tokyo trial, the South China Morning Post reported on December 27, 2018. Karpelès Maintains Innocence...

A Year in Cryptocurrency and Blockchain: Q1 2018

December 28, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Business, Crime, Ethereum, News, Platform, Tech

It is perhaps no secret that the cryptocurrency market failed to meet the expectations of most investors this year. While 2017 was widely regarded to be the year cryptocurrencies and ICOs reached mainstream popularity, 2018 has been impactful in a much more subdued manner. For instance, institutional interest and adoption...

Japanese IT Giant GMO Quits Selling Crypto Mining Equipment after Market Slump

December 28, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Development, Finance, Mining, News

Per a report published on December 25, 2018, Japanese internet giant GMO has decided to call off their business of manufacturing and selling cryptocurrency mining machines. Market Slump to Blame for Declining Profits According to the report, GMO’s in-house mining business profitability took a major beating due to the declining cryptocurrency...

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

Bitcoin, Ether, and XRP Weekly Market Update: December 27, 2018

December 27, 2018 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, News, Price Analysis

Total crypto market cap rose to $127 billion since our last report a week ago as ether and bitcoin cash were the biggest gainers during that period overshadowing the modest price increase for bitcoin, XRP, and EOS. BTC-USD Bitcoin marked its 6th consecutive day of gains on December 20 and...

Sports Betting Legalization May See Resurgence of Cryptocurrencies in India

Bitcoin Could Soon Become Legal in India

December 27, 2018 by Priyeshu Garg at Adoption, Bitcoin, Commentary, Finance, News, Regulation

Owning and using Bitcoin could soon become allowed in India, as the second interdisciplinary committee appointed to vote on the legality of cryptocurrencies is in favor of legalizing it, the New Indian Express reported on December 26, 2018. India's Harsh Stance on Crypto Despite the number of crypto and blockchain...

Mining One Bitcoin a Month Would Require Harvesting Body Heat from 44,000 People

December 26, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Finance, News, Platform, Tech

In a bid to raise awareness about the crypto industry's energy consumption, the Institute of Human Obsolescence, a Dutch organization focused on data ownership, explored the energy usage of Bitcoin and found that 44,000 would need to provide their body energy for a month in order to mine a single...

In Turkey, Even the Volatile Bitcoin Looks Pretty Good Compared to the Lira

December 26, 2018 by Priyeshu Garg at Bitcoin, Business, Ethereum, Finance, News, Platform, Tech

Trading volumes on Turkish cryptocurrency exchanges increased by 37 percent since October 2018, which shows that Bitcoin's popularity isn't affected by the recent drops in the country's year-long inflation, Slate reported on December 10, 2018. Inflation Pushes People Towards Cryptocurrencies In a turn of events that surprised economists and analysts...

Crypto Artist Sells Smallest and Cheapest Work of Art Ever Through c-Lightning

December 26, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

An artist by the name of "crypto graffiti" has sold the smallest artwork in history in a "micro auction" to promote the c-Lightning micropayments system, the artist announced in a Reddit post on December 20, 2018. Smallest and Cheapest Work of Art in History Sold for Bitcoin Outside of the...

Crypto Rout Extends to Institutional Investors as Bitcoin Plans Put on Hold

December 25, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, Investment, News

Institutional investors and developers in the Bitcoin space are increasingly looking to the exit after 2017’s crypto-mania is coming to a halt in terms of price. Once lauded to usher in the next wave of crypto products, financial heavyweights are stalling efforts to build infrastructure around the pioneer cryptocurrency, reported...

Bitcoin Bounces above $4,000 as Santa Rally Brings Relief to Markets: BTCManager’s Week in Review

December 24, 2018 by Alex Lielacher at Adoption, Altcoins, Bitcoin, Blockchain, Development, Exchange, News

The price of bitcoin rallied by over 20 percent to close the week above the $4,000 thanks to a “Santa Rally ahead of Christmas. After weeks of red markets, this rally provided some relief to crypto investors as the market seems undecided on whether it wants to find a new...

cryptocurrencies sheet with a securities black book

Congress Members Seek to Exclude Cryptocurrencies from the Definition of a Security

December 24, 2018 by contributor at Bitcoin, Blockchain, Business, Ethereum, Investment, News, Platform, Tech

Regulatory clarity on the legal status of cryptocurrencies may arrive sooner than expected after two members of the U.S. Congress proposed a bill to exempt digital tokens from the definition of traditional securities, reported CNBC on December 20, 2018. Crypto not a Security The proposed bill excludes digital currencies from...

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