#Bitcoin

Octupus (Kraken) Holding Cryptocurrencies in its Tentacles

Kraken Becomes First Crypto Exchange to Offer both Spot and Futures Trading after Crypto Facilities Acquisition

February 5, 2019 by Alex Lielacher at Bitcoin, Business, Exchange, Finance, Investment, News

San Francisco-based digital asset exchange Kraken announced that it has acquired cryptocurrency futures broker Crypto Facilities and is reportedly on its way to completing a $100 million fundraising round. Futures Are Coming to Kraken According to a company press release, Kraken has purchased London-based cryptocurrency trading firm and index provider, Crypto...

Bitcoin Push Rupee Cliff Fall Red Orange

India: Regulatory Bodies Fear Cryptocurrency’s Impact on Rupee

February 4, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, News, Regulation

According to a Quartz report published February 4, 2019, the Indian government is skeptical regarding the possible implications of cryptocurrencies on the Indian Rupee, fearing that digital currencies might destabilize the national currency. Regulatory Panel Hesitant of Cryptocurrencies The Indian government has long had a strict stance towards cryptocurrencies, often...

New York SIM Swapper Indicted After Stealing $10,000 in Cryptocurrency

February 4, 2019 by Tokoni Uti at Bitcoin, Crime, News

New York law enforcement is cracking down on SIM swapping as a Manhattan District Attorney hands out an indictment to a 20-year old, this according to an official press release, Feb 1, 2019. Swapping Struggles Many who use cryptocurrency are familiar with the term ‘SIM Swapping’ and know to be...

CBOE and VanEck Re-apply for Crypto ETF

February 2, 2019 by Tokoni Uti at Bitcoin, Business, Commentary, Development, Finance, News, Regulation

After previously withdrawing their application due to the government shutdown, CBOE and VanEck have re-applied for a crypto ETF from the SEC on January 31, 2019. One More Try There has been a long and drawn out battle to secure a cryptocurrency ETF from the SEC. Firm after firm has...

Bitcoin ATM with New York Landscape as a Background

Cottonwood Vending Receives Bitlicense in New York

February 2, 2019 by Tokoni Uti at Adoption, Bitcoin, Business, News, Regulation

Cottonwood, a Bitcoin ATM operator, has confirmed in a January 31, 2019 tweet that they have received a virtual currency license from the state of New York. A License to Sell Cottonwood Vending LLC has gotten 2019 off to a productive start, announcing on January 31, 3019, that they have...

Bison in the Background of a Hand Holding a Smart Phone

Germany’s Second-Largest Exchange, Boerse Stuttgart, Launches Crypto Trading App BISON

February 2, 2019 by Alex Lielacher at Adoption, Altcoins, Bitcoin, Business, Exchange, Finance, News

Germany's second-largest stock exchange, Boerse Stuttgart, announced the launch of its new crypto trading app, called BISON, which aims to offer "simple, fast and secure trading in cryptocurrencies." Germans Can now Trade Crypto Using BISON The newly launched BISON app enables investors to trade and securely store digital assets for free using their...

Bitfury and Commons Foundation Set to Launch Bitcoin Transaction Processing Center in Paraguay

February 1, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Blockchain, Business, Development, Mining, News

Bitfury, a highly-reputed firm dedicated to securing the Bitcoin blockchain, is collaborating with Commons Foundation, a Seoul-based organization focused on creating and implementing cultural, economic, and social peer-to-peer models. The duo will launch a Bitcoin transaction processing center in Paraguay, as part of the latter’s “Golden Goose” initiative aimed at...

Nurse Accused of Selling Drugs on Silk Road and other Darknet Marketplaces for Bitcoin

February 1, 2019 by Alex Lielacher at Bitcoin, Blockchain, Business, Crime

A nurse in California has been arrested on suspicion of illegally selling opiates on the dark web on marketplaces such as Silk Road, AlphaBay, and Pandora in exchange for bitcoin since 2013. She was arrested last week and could face distribution and conspiracy charges. Running a Successful Illegal Pharmacy on the...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin and Ether Market Update: February 1, 2019

February 1, 2019 by Georgi Hristov at Altcoins, Bitcoin, Blockchain, Business, Cryptocurrency Market Outlook, Ethereum, Finance, News, Price Analysis

The total crypto market cap is down with $1 billion since January 30, 2019, and now sits at $112.5 billion. Bitcoin is still hovering around $3,400, while the price of ether remains unchanged. BTC/USD On January 30, bitcoin saw its first day of gains since January 26 when it last...

Wikimedia Donation Jar Phone Orange Bitcoin Green

Wikimedia Now Accepts Bitcoin Cash

February 1, 2019 by Tokoni Uti at Adoption, Bitcoin, Business, News

Wikimedia and BitPay have entered into partnership that will see Wikimedia accept Bitcoin Cash donations, as per a January 29, 2019 announcement. Crypto-Donations An official BitPay press release has detailed that Wikimedia, the non-profit organization behind Wikipedia, has teamed up with the cryptocurrency Payment professor. As a result of this...

Fidelity Bitcoin Jar Treasure Chest Investments

Fidelity Investments to Start Offering Bitcoin Custodial Services in March 2019

January 31, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Finance, News

Fidelity Investments, a Boston-based multinational financial services corporation, has revealed it would launch own bitcoin custodial service for institutional investors and cryptocurrency big whales in March this year, according to a Bloomberg report on January 29, 2019. Fidelity Still Betting on Bitcoin As reported by BTCManager earlier in October...

Man in Suit Holding Certificate with "Approved" Stamp

Gemini Becomes World’s First Crypto Exchange to Complete a SOC 2 Review

January 31, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News

Gemini, a U.S.-based regulated cryptocurrency exchange and custodian, has announced the completion of its Service Organization Control (SOC) 2 Type 1 examination conducted by Big Four auditor, Deloitte & Touche LLP. The examination makes it the first cryptocurrency trading platform and digital assets custodian in the world to demonstrate the...

Computer Screen with a Number of Drugs and Bitcoins

U.S. Congress Passes Bill to Investigate Crypto’s Role In Sex Trafficking

January 31, 2019 by Tokoni Uti at Altcoins, Bitcoin, News, Regulation

On January 28, 2019, U.S. Congress passed a bill to commission an investigation into the role played by cryptocurrency and online markets in global sex trafficking. Following the Trail On January 28, 2019, the Fight Illicit Networks and Detect (FIND) Trafficking Act of 2019 (H.R. 502) was passed by the...

The Underbelly of Crypto Universe: Terrorist Group Seeks Donations in Bitcoin

January 31, 2019 by Priyeshu Garg at Bitcoin, News, Regulation

On January 29, 2019, Izz ad-Din al-Qassam, the armed wing of the Hamas group announced that they are now accepting donations in bitcoin. This move comes after the organization’s financial isolation due to banking bans. The U.S. and Europe already designate Hamas as a terrorist group. Cash-Strapped Due to Banking...

Nvidia Blames China and Drying Crypto Mining Business for Disappointing Q4 2018 Results

January 30, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Finance, Mining, News, Regulation

According to a report by VentureBeat published on January 28, 2019, U.S. GPU manufacturing company Nvidia’s stock fell by more than 15 percent on Monday over fears of the company’s poor performance in the crypto mining industry. The company has revised its Q4 2018 revenue estimate, which now sits at...

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