Bookmarking Crypto Insights
The blockchain surveillance company Chainalysis has announced it has raised $16 million USD in a Series A funding round from the firm Benchmark. Chainalysis also reveals it will be stretching its monitoring software efforts towards the bitcoin cash network and hopes by the year-end the platform will cover ten different public blockchains. Also read: Russians … Read more
Optimism is all about perspective. Q1 of 2018 breaks the worst Bitcoin records, but only eight months ago BTC was worth less than half of where it is today #ANALYSIS Go to Source Powered by WPeMatico
South Korea is one of the places where cryptocurrency is booming. Even so, there are still a few risks associated with the people providing access to this new form of money. Users of the CoinNest exchange should be quite concerned right now, as the company’s CEO was arrested on suspicion of embezzlement and fraud. CoinNest CEO Runs … Read more
Billionaire octogenarian George Soros is reportedly taking an interest in cryptocurrency trading. If true, the move would be a remarkable turnaround for the business magnate, who’s previously been scathing of bitcoin, calling it a bubble and a tool of dictators. Also read: George Soros: Bitcoin is Propped Up by Dictators Soros Eyes an Entry into … Read more
The Reserve Bank of India (RBI), the nation’s central bank, has directed all regulated entities including banks not to provide services to businesses dealing in cryptocurrencies such as bitcoin. RBI is doing so to protect consumer interest and to slow money laundering, the bank’s press release stressed. RBI also announced formation of an official study … Read more
Ever since Bitmain unveiled its CryptoNight ASIC miner, there has been a growing effort to make this hardware impossible to use. Known as the Fairmining initiative, more and more currencies are deliberately changing their algorithms to prevent Bitmain’s ASIC from making much of an impact. Sumokoin is the latest currency to make the much-needed switch in this … Read more
Monex’s Matsumoto reveals big plans for Coincheck at press conference. #NEWS Go to Source Powered by WPeMatico
After a series of on-site inspections in the wake of the Coincheck hack, Japanese financial regulator has suspended activities at two crypto exchanges, again. #NEWS Go to Source Powered by WPeMatico
Cryptocurrency mining has attracted a lot of attention over the years. For a lot of people, it is still a profitable business venture, even though one has to have access to cheap electricity first and foremost. Officials in Washington’s Chelan County are cracking down on unauthorized Bitcoin mining activity in the area. Unauthorized Bitcoin Mining is a Problem … Read more
Three months since the peak of bitcoin’s meteoric multi-year bull trend, many analysts are predicting a bearish outlook for the BTC markets. Prominent Chinese trader, Zhao Dong, has described bitcoin as exhibiting four-year market cycles that resemble the seasons in a year, forecasting that the “winter” of cryptocurrency will set-in during 2019. Harvard professor, Kenneth … Read more
