JP Morgan Chase Hit With Million Dollar Class Action Crypto Lawsuit

The largest bank in the United States, JP Morgan Chase, found itself the subject of a federal class action lawsuit this week. The complaint alleges that after hindering customers from buying cryptocurrencies, the bank charged enthusiasts extra fees and higher interest rates. Also read: Bitgrail’s $170M Hack Continues to Provide Drama JP Morgan Chase Subject of … Read more

PR: Gamble.io Weighs in on Another High – Flying Gambling Operator

12th of April – The leading Bitcoin & crypto gambling site Gamble.io has completed its review on Cloudbet. Cloudbet is known as one of the top destinations for Bitcoin-based sports betting. The review revealed that Cloudbet’s solid reputation is no fluke. The company’s sportsbook department has done a great job covering almost every sport under … Read more

Research Paper Declares Bitcoin Compliant With Shariah Law

Bitcoin and cryptocurrencies are intriguing because they are very different from the traditional financial systems we use today. One particular subject people have pondered is whether or not bitcoin complies with the religious law that forms a part of Islamic tradition — otherwise known as Shariah Law. This week a microfinance firm based in Indonesia, Blossom Finance, … Read more

Philippines Regulator Issues Warning to Cloud Mining Participants

This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.” Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Securities and Exchange … Read more

Bitcoin in Brief Thursday: Crypto Winter Is Almost Over

Could this year’s crypto winter be nearing an end? That’s the opinion of some experts, and while bullish predictions are easy to come by, there are signs that a thaw could be underway. In today’s Bitcoin in Brief, we examine the market forecast for the weeks ahead. Also read: Bitcoin in Brief Wednesday: Buy the Rumor, … Read more

The Number of Cryptocurrency Exchanges Has Exploded

In bitcoin’s earliest days, you could count the number of cryptocurrency exchanges on two hands: Mt Gox, Bitstamp, Btc-e, Vircurex and a handful of others, as well as P2P exchange Localbitcoins. Today, the landscape has changed dramatically. There are now over 500 exchanges to choose from – and that number is growing with every passing … Read more