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BITCOIN PRICE: 11,500.00     HIGH: 11,823.56     LOW: 9,222.00

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Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

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Tag: altcoin news

South Korean Cryptocurrency Trading Ban Rumours Put Pressure on Price of Bitcoin: BTCManager’s Week in Review Jan 15

Category: Altcoins, Business, Commentary, News

South Korean Cryptocurrency Trading Ban Rumours Put Pressure on Price of Bitcoin: BTCManager’s Week in Review Jan 15

In the past week, headlines circulated suggesting that South Korea, one of the largest bitcoin markets in the world, would impose a ban on cryptocurrency trading. These headlines rattled bitcoin holders, which led to a bitcoin price drop of almost 20 percent from $16,500 to $13,750. Despite the fact that these claims were refuted rather quickly, the price of bitcoin…

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Here’s Why ZClassic has Surged to Record Highs

Category: Altcoins, Blockchain, News

Here’s Why ZClassic has Surged to Record Highs

ZClassic, a fork of Zcash, experienced a sudden flow of volume during the final week of 2017, bringing its value from around $2 to over $100 at the time of writing. The cryptocurrency was released on November 6, 2016, removing the 20 percent of the founder’s reward linked to Zcash. What is ZClassic? ZClassic, along with Zencash, are both forks…

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Bitcoin Price Softens at Year End on Regulatory Uncertainty: Week in Review Jan 1

Category: News Digest

Bitcoin Price Softens at Year End on Regulatory Uncertainty: Week in Review Jan 1

The price of bitcoin traded in the $13,000 to $17,000 range throughout the week beginning December 25. Rumors that South Korea was about to ban bitcoin prevented the digital currency from continuing its rally from earlier in the week. These rumors were quickly debunked. The South Korean government merely stated that digital currency investors can no longer trade anonymously and…

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Kaspersky Discovers Trojan Causing Phones to Overheat by Mining Cryptocurrency

Category: Altcoins, News, Tech

Kaspersky Discovers Trojan Causing Phones to Overheat by Mining Cryptocurrency

On December 18, 2017, Kaspersky Lab announced the discovery of a previously undetected trojan named “Loapi” through a blog post on its website. At face value, this malware may seem like just another in the long list of many others that have also been discovered to exist within the Android ecosystem over the past few years. The malware in question,…

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Digimine Bot Uses Facebook Messenger to Install Monero Miner

Category: Altcoins, News, Tech

Digimine Bot Uses Facebook Messenger to Install Monero Miner

Trend Micro released a report on December 21, 2017, describing a new type of malware which spreads through Facebook Messenger, infects the Google Chrome browser, and installs and autoruns a Monero miner on victims’ Windows OS computers. The malware effectively capitalizes on the centralization of closed source social networking, web browsing, and operating systems amongst mainstream desktop users. Stealth mining…

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Game Machine ICO to Reinvigorate Gaming Sector with Gamefuel Token

Category: ICO News

Game Machine ICO to Reinvigorate Gaming Sector with Gamefuel Token

In basing their platform on smart contracts and leveraging gamers’ computing power, Game Machine hopes to make smoother the transition between the myriad agents in the gaming sector. From investors to players, and even advertisers, the Gamefuel cryptocurrency will help stimulate an already difficult-to-access industry. Gaming Industry Difficulties The primary difficulty for developers in the gaming sector is finding funding…

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New Kids on the Block: Bitcoin Makes Room for Ripple, Ethereum and Litecoin at Bloomberg Terminal

Category: Altcoins, Ethereum, Finance, News

New Kids on the Block: Bitcoin Makes Room for Ripple, Ethereum and Litecoin at Bloomberg Terminal

Three new cryptocurrencies have been added to the Bloomberg terminal, and bitcoin is no longer the star of the show. As of December 18, 2017, the price of bitcoin is $18,925, an amount that leads new investors to believe they’ve missed the bus. As a result, a large number of people have shifted their attention to different cryptocurrencies, also known…

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Malaysia to Increase Transparency of Cryptocurrency Exchangers through Obligated Reporting

Category: Altcoins, Bitcoin, News, Regulation

Malaysia to Increase Transparency of Cryptocurrency Exchangers through Obligated Reporting

Cryptocurrency affiliated businesses in Malaysia are expected to be more compliant and transparent, following a statement released by the Bank recently. The Bank clarifies that they do not regulate digital currencies, nor condone them, and continue to urge the public to do their research as they are solely responsible for their actions when it comes to trading or purchasing digital…

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Blockchain Platform Waves To Form New Self-Regulatory Body For Blockchain and ICO Industry

Category: Blockchain, Commentary, News, Regulation

Blockchain Platform Waves To Form New Self-Regulatory Body For Blockchain and ICO Industry

A new self-regulatory body will soon set standards for the blockchain and ICO industry. Founded by blockchain platform Waves, the new outfit aims to provide an array of services in areas such as legal, tax and accounting, business due diligence, and KYC for emerging companies in the domain. The organization is being set up as an association, and its members…

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How the End of Net Neutrality Could Affect Cryptocurrencies

Category: Altcoins, Bitcoin, News, Regulation, Tech

How the End of Net Neutrality Could Affect Cryptocurrencies

The Federal Communication Commission (FCC) is preparing for a vote on December 14 where it may repeal net neutrality regulations put in place during the Obama era. The FCC is “the federal agency responsible for implementing and enforcing America’s communications law and regulations.” The U.S. government agency is overseen by Congress in its dealings. The announcement was made on November…

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