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Chinese Crackdown leaves a void – filled by scammers
Scammers filled the vacuum that was formed after the crackdown by Chinese authorities of Bitcoin and Ethereum exchanges. More than 107 fake, ponzi-cryptocurrencies have formed in China. These cryptocurrencies, widely known as altcoins, promise investors with high percentage of guaranteed returns.
December 12, 2017
Bitcoin investors take to Twitter following CBOE bitcoin futures crash
Despite the fact that CBOE’s Bitcoin Futures crashed an hour after launching, Twitter was abuzz with excitement regarding Bitcoin’s latest move in the financial mainstream.
December 12, 2017
Bitcoin unable to handle the number of transactions
Problems related to transactions are not new for the Bitcoin network. A fix for the problem is still not in sight and many are complaining that Bitcoin is deviating from its original purpose, which was to become a globalized yet decentralized currency. Some have suggested that it is becoming more like...
December 11, 2017
Lionel Messi becomes brand ambassador for Sirin Labs
The popular football player, Lionel Messi, will be endorsing blockchain-based tech devices manufactured by Sirin Labs, bringing blockchain to the mainstream even more.
December 11, 2017
Russia to ban cryptocurrency exchange platforms
The Russian Central Bank has confirmed that all cryptocurrency exchange platforms will cease operations in 2018.
December 11, 2017
Craigslist now accepts cryptocurrency
Want to sell your old sofa for cryptocurrency? Now you can do so with the help of Craigslist, which has added a new button on their posting details section. This button will indicate whether the seller is okay with accepting the cryptocurrency as a payment.
December 11, 2017
Indonesia bans fintech firms from cryptocurrency transactions
The country’s central bank announced that they will prevent fintech firms from using cryptocurrency-based transactions on their platforms.
December 11, 2017
Bitcoin God… a sign from God?
There have been reports of numerous forks on the Bitcoin network in the recent months. These forks have been called Bitcoin Lightning, Diamond, Rubies, and an array of other names. Bitcoin God will the latest addition to the array of Bitcoin offshoots and will start trading by the symbol of “God” on...
December 9, 2017
Amazon incorporates Corda on its platform
The Corda Distributed Ledger platform was launched on AWS marketplace by R3, a startup consortium consisting of more than 70 companies and financial institutions from all over the world. Corda is the first distributed ledger technology (DLT) solution available on AWS.
December 9, 2017
Will digital currency take over fiat currency?
he acceptance of bitcoin and other altcoins as valid forms of payment are becoming more common. At the Sohn Conference in London, the co-founder of the Sohn Conference Foundation, Evan Sohn, told CNBC that the time is not far when digital currency will replace traditional banknotes.
December 9, 2017
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