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BITCOIN PRICE: 11,504.02     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: exchange

BCC Price Drops 90 Percent as Bitconnect Shuts Down Exchange Platform

Category: Altcoins, Business, Commentary, News, Regulation

BCC Price Drops 90 Percent as Bitconnect Shuts Down Exchange Platform

The controversial cryptocurrency, Bitconnect, has once again landed in the spotlight for the wrong things. According to the company’s website, it has officially announced to shut its lending and exchange service following warnings from US State regulators.   Identifying Malicious Intent Due to the announcement, the Bitconnect (BCC) price in USD plunged over 90 percent according to Coin Market Cap…

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UK Firm Suspends Stock Following a 1,500 Percent Rise Following Crypto Rumors

Category: Business, Finance, News, Regulation

UK Firm Suspends Stock Following a 1,500 Percent Rise Following Crypto Rumors

Since the recent surge in the price of Bitcoin and other cryptocurrencies, large corporations and startups have formed a habit of using the cryptocurrency or blockchain buzz words to boost their share prices in the stock market. AIQ Ltd. happens to be one such company, but the firm has surprisingly called for a temporary suspension of its stocks from the…

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New Report Indicates Bitcoin’s Beginnings were Inspired by Bots

Category: Bitcoin, Finance, News

New Report Indicates Bitcoin’s Beginnings were Inspired by Bots

Independent researchers have found that the initial price spike that took Bitcoin from $150 to $1,000 in 2013 was not caused by legitimate trades, but by bots. Market Response In a research paper entitled “Price Manipulation in the Bitcoin Ecosystem” compiled by Jt Hamrick, Tali Oberman, Tyler Moore and Neil Gandal, it was revealed that Bitcoin’s beginnings were primarily influenced…

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Bitcoin Candy Hard Fork Mined

Category: Altcoins, Mining, News

Bitcoin Candy Hard Fork Mined

When Bitcoin Cash broke away from Bitcoin through a hard fork back on August 1, 2017, many bitcoin exchanges, enthusiasts and cryptocurrency analysts were of the opinion that the new fork would amount to nothing. But to the surprise of many in the crypto space, Bitcoin Cash stood its ground, and several exchanges even began listing the coin. Just a…

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FISCO To Launch First Japanese Cryptocurrency Fund

Category: Bitcoin, Business, Commentary, News

FISCO To Launch First Japanese Cryptocurrency Fund

FISCO, a Japanese financial information provider, is looking to launch the first cryptocurrency fund in Japan, starting with a size of 300 million yen ($2.66 million) which will invest in bitcoin as well as other cryptocurrencies as early as January 2018. Diversifying Interests The information provider already covers equity, foreign exchange, bond, and commodity markets so this would be the…

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Ethereum co-founder Withdraws 30,000 ETH to Bitstamp

Category: Commentary, Ethereum, News

Ethereum co-founder Withdraws 30,000 ETH to Bitstamp

 Reports have emerged that the co-founder of Ethereum, Vitalik Buterin, transferred 30,000 ether (ETH) to Bitstamp sometime in the middle of December 2017, sparking uncertainty and doubt in the cryptocurrency market. Mass Withdrawal Sparks Concerns Indeed, if Buterin’s known public Ethereum addresses were to be inspected, three transactions can be found, each indicating precisely 10,000 ETH. According to data obtained…

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Managing Director Of EXMO Cryptocurrency Exchange Kidnapped In Kiev

Category: Bitcoin, News

Managing Director Of EXMO Cryptocurrency Exchange Kidnapped In Kiev

In the past, kidnappers abducted their victims for cash ransoms or to leverage power in their favor. Recently, with the proliferation of digital cash, these bandits are adding a new reward to their list of bounties; cryptocurrencies. Crypto-Investor Abducted Pavel Lerner, a Russian crypto investor, programmer and business mogul was abducted in Kiev, Ukraine on December 26, 2017. According to…

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Chinese Businessman Buys 27 percent Stake in US-owned Cryptocurrency Exchange

Category: Blockchain, Business, Commentary, News

Chinese Businessman Buys 27 percent Stake in US-owned Cryptocurrency Exchange

The mere mention of the term ‘blockchain’ has a magical effect on the stock prices of companies who have integrated the technology into their operations. For example, Longfin Corp shares went from trading at just above $5 per share to over $142 after it announced it had acquired blockchain firm Ziddu.com. Bruno Wu Joins Cryptomania To The Moon Similarly, the…

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South Korean Cryptocurrency Exchange Hacked By North Korea

Category: Altcoins, Bitcoin, Ethereum, Finance, News

South Korean Cryptocurrency Exchange Hacked By North Korea

The leading intelligence agency in South Korea has information that led them to believe North Korean hackers were responsible for attacking an exchange based in the South of the region. Bithumb Hack Officials have estimated that over $7 million worth of cryptocurrency was stolen in this attack, with some people even claiming that this figure is as high as $82.7…

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Surf Air: The Next Airline to Accept Payment in Bitcoin and Ethereum

Category: Bitcoin, Business, Ethereum, News

Surf Air: The Next Airline to Accept Payment in Bitcoin and Ethereum

Surf Air, a California based airline company, announced on December 5, 2017, that it would be accepting payments in bitcoin and ether, two of the most popular cryptocurrencies. The airline has become popular because of its monthly “all you can fly” membership in addition to its air charter services. Two Disruptive Forces According to the company’s Chief Executive Officer, Simon…

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