Mining to be regulated – Kremlin
After hearing the stark statements against bitcoin and other cryptocurrencies by Vladmir Putin, one might think that Russia will never accept bitcoin. It is believed that the country will impose regulations against cryptocurrencies and exchanges. However, a positive development has been made in Russia with regards to cryptocurrency.
Credit craze sweeps America to invest in bitcoin
American consumers have been resorting to increasingly dangerous methods to be able to invest in Bitcoin, including taking out mortgages, equity loans, and using credit cards.
Bittrex under fire following data leaks and withheld fund accusations
The cryptocurrency exchange platform Bittrex has been subject to increasing scrutiny following several accusations ranging from pump and dump scams to withholding user funds.
More to come for cryptocurrency futures contracts, says CBOE CEO
Following the successful launch of their bitcoin futures contract, CBOE executive Ed Tilly, recently hinted that the platform could soon introduce additional cryptocurrency-related services and products.
UBS announces live Ethereum compliance service
One of the world’s largest banks announced that they will be using the Ethereum network to simplify its compliance system.
Bitcoin Futures encourage new growth for the cryptocurrency
Bitcoin has entered the Wall Street world with a fanfare and has since CBOE’s Futures launch grown with 16% in the last 24 hours.
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.
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.
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 Gold, a commodity that is valued and traded on a global scale.
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.
