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“Cryptolympics”: Speed Skater Gets Paid in Cryptocurrency at the Pyeongchang Winter Olympics

February 12, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Entertainment, News

Cryptocurrency is gradually ruling the world. Canadian speed skater Ted-Jan Bloemen has caught the crypto bug. The sportsman accepted a cryptocurrency payment for a sponsorship deal with a social network and a virtual reality firm at the ongoing Winter Olympics. onG.Social sponsors Winter Olympian Of all the participants at the...

BitGrail Reports Loss of Millions of XRB: Trading Suspended Until Further Notice

February 12, 2018 by Rahul Nambiampurath at Altcoins, Business, Finance, News

Reports are emerging indicating that one of the biggest Nano (XRB) exchanges in the past, BitGrail, has now shut its doors following a loss of millions of dollars worth of the cryptocurrency. The company’s official website is now only home to the notice informing users of the situation and the...

A Guide to Trading Cryptocurrency Part 6: Moving Averages

February 12, 2018 by Jamie Holmes at Trading Strategies

Read Part 5 of BTCManager's series, 'A Guide to Trading Cryptocurrency,' here. In Part 6, we look at an indicator that is straightforward and is a key metric many of the top financial analysts use in trading a range of assets. In this guide, we introduce a trading technique that...

Week 2: Moonshot (TNC) for the week of February 5, 2018

Moonshot Week 3: Dragonchain (DRGN), The Brainchild of Disney

February 11, 2018 by JaketheCryptoKing at Moonshot

To read the second part of our Moonshot series, which focuses on Trinity Network Credit, click here. Each week BTCManager and the JaketheCryptoKing are going to explore a new moonshot opportunity. With markets as low as they are currently many coins in the coming months will yield significant returns because...

Cryptocurrency Exchanges in Hong Kong Mandated to Delist “Securities” Tokens

February 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Commentary, News, Regulation

In line with the ongoing regulations of the crypto space in Hong Kong, the Securities and Futures Commission has ordered about seven virtual currency exchanges to delete some tokens listed on their platforms since they fall under the securities category. The Securities and Futures Commission (SFC) in line with its...

Cryptocurrency Market should Form a Self-Regulatory Body, says CFTC Commissioner

February 11, 2018 by Priyeshu Garg at Bitcoin, Commentary, News, Regulation

While government machineries are busy crafting an official policy on cryptocurrencies, the industry should step forward and form a self-regulatory body. That was one key takeaway from the conversations at Yahoo Finance’s cryptocurrency event in New York on February 7. The participants also agreed on the point that whether or...

IRS: Cryptocurrency is a Property & Swaps are Taxable

Japan Announces Cryptocurrency tax at 15 to 55 Percent

February 10, 2018 by Matthew North at Altcoins, Bitcoin, Finance, News

Cryptocurrency investors in Japan will be taxed 15 to 55 percent of their cryptocurrency profits this year. Japan’s National Tax Agency classified these profits as “miscellaneous income” on December 1, 2017. The National Tax Agency in Japan has finally caught up to cryptocurrency traders within its borders, raising fears that...

Decentralized Initial Coin Offerings are Actually Becoming Centralized

February 9, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Finance, News, Regulation, Tech

Blockchain technology and cryptocurrencies were designed to disrupt the business process, creating a new order built on the principle of decentralization. Mainstream business history is consistent with the gradual move towards total centralization and the aggregation of business power by an elite minority. The pioneers of blockchain and the crypto...

Millenial Invests Life Savings into Bitcoin and Cryptocurrencies, Now Millionaire Angel Investor

February 8, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Interviews, News, Tech

In 2018, a young man who invested about $34,000 into bitcoin and altcoins has now earned several millions of dollars in profit. He abandoned his white collar job in October 2017 and now travels the world as a startup advisor and angel investor. Advani's Journey to the Moon According to...

Facebook Investigates Bitcoin Advertisements Dodging Platform’s Ban on Cryptocurrency Ads

February 8, 2018 by Akshay Makadiya at Altcoins, Bitcoin, Business, News, Regulation

The social media giant is investigating bitcoin advertisements that have been bypassing the recent ban on crypto ads on the platform. Last week, it banned all publicity that promoted financial products like Initial Coin Offerings (ICOs) and digital currencies. According to experts, the ban was not employed with perfection, as...

Texas Authorities Sling out Cease and Desist Order to DavorCoin

February 5, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, News, Regulation

Texas regulatory authorities have issued a cease and desist order to another scam crypto investment scheme just a few weeks after sending BitConnect packing. Authorities are Busy in Texas Barely a few weeks after issuing a similar order to the BitConnect, the Texas State Securities Board on February 2 released...

Litecoin Payment Processor and Payment Card Provider Litepay Launches February 2018

Litecoin Payment Processor and Card Provider Litepay Launches February 2018

February 5, 2018 by Robert DeVoe at Altcoins, Business, Finance, News

In the aftermath of bitcoin transaction fees reaching dizzying all-time heights, litecoin has arisen as a popular alternative for payments and peer-to-peer transactions. A new service called Litepay is getting ready to launch sometime this month. The service will allow businesses to receive litecoin payments, and may even offer litecoin-powered...

Monero Cryptocurrency Miner Leverages NSA Exploit

February 5, 2018 by Liam J Kelly at Altcoins, News, Tech

In a growing development, attackers have leveraged an exploit found in almost all generations of Microsoft Windows. EternalBlue is a security vulnerability that allowed WannaCry to run rampant in over 150 different countries and took down parts of the National Health Service (NHS), as well as Petya/NonPetya (a strain of...

Week 2: Moonshot (TNC) for the Week of Feb. 5, 2018

February 4, 2018 by JaketheCryptoKing at Moonshot

To read the first part of our Moonshot series, which focuses on DeepBrain Chain, click here. NEO DevCon was hosted over January 30-31 in San Francisco. Last week’s moonshot DBC was a sponsor and had a presentation while this week’s, TNC, has a scalability solution for NEO. Scalability becomes one...

Big, Environmentally Friendly Cryptocurrency Mine Set to Land in Iceland

February 4, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Commentary, Mining, News

A cryptocurrency mining rig that runs on clean energy is coming to Iceland. This miner will have all the strengths of the regular bitcoin and other cryptocurrency mining rigs but would share none of their ecosystem-damaging weaknesses. The Need for a Cool Miner These days mining bitcoin and other altcoins...

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