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UK treasury wants to regulate bitcoin
These new regulations may make the process of buying and owning bitcoin less anonymous for the ordinary UK citizen. However, all is not gloomy, as such a regulation may eventually lead to a greater acceptance of cryptocurrency in governments and other federal institutions.
December 8, 2017
SEC’s cyber unit acts - blocks PlexCorps’ ICO
The newly created cyber unit of US Security and Exchange Commission (SEC) has found its first suspect. PlexCorps’, a crypo related company hosted their ICO this August in which they promised 13-fold profits to their investors. Through this scheme, the PlexCorps ICO was able to gather more than $15 million...
December 8, 2017
IOTA partners with Microsoft and Samsung - surges 90% in 24 hours
Last week, IOTA announced that it will be partnering with Microsoft and Samsung to sell data. IOTA CEO, David Sonstebo, stated that data is “the new oil” and the currency aims to become the next generation blockchain.
December 7, 2017
Bitcoin breaches $14,000!!!
Bitcoin's value reached $14,000. This accomplishment is unbelievable to some as the digital currency was valued at less than a $1,000 per token a year ago. Bitcoin has seen a meteoric rise in the past 12 months and is showing no signs of stopping.
December 7, 2017
Flash crash results in losses on Bitfinex
On November 29th, around 6:30 PM, a ‘flash crash’ hit the cryptocurrencies NEO, OMG, and ETP. The crash lasted a brief 15 minutes, with the tokens losing and regained 90% of their value within the 15 minutes time frame.
December 6, 2017
Amazon holding back from blockchain
Blockchain is taking over the market and is extensively being used and researched in the technology world. It was initially developed for the digital currency, Bitcoin; it is now being used by the tech industry for numerous other purposes. Blockchain owes its success to two features: transparency and...
December 6, 2017
Bitcoin in trouble?
We all heard what JP Morgan had to say about bitcoin, and it was not pretty. However, as we may have also observed, bitcoin has gone through a meteoric rise in the past few months. This has led its critics to retract their statements and invest in the cryptocurrency.
December 6, 2017
Cboe to launch bitcoin futures before CME Group
The exchange platform, Cboe, announced that they will launch Bitcoin futures by December 10.
December 6, 2017
CryptoKitties pose serious threat to Ethereum network
Cryptocurrency’s first ever fad, crypto kitties, have taken over the Ethereum network, posing some serious threats to its scalability and network capabilities.
December 6, 2017
New wallet flaw can expose users to hacking
According to a Pastebin user, a critical flaw in several wallet apps could expose users’ private keys which could compromise their security.
December 5, 2017
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