Month: August 2018

N.Y. Judge Rules in Favor of CFTC, Permanently Bans Crypto Startup

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A New York judge has issued a court order permanently banning a New York-based crypto promoter whose firm was accused of defrauding investors and failing to deliver on its promises. In his ruling, Judge Jack Weinstein stated that the crypto firm, CabbageTech Corp., had defrauded investors using false statements, and ordered its operator, Patrick McDonnell, … Read more

Iran Expected to Lift Cryptocurrency Ban in September

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The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. Also Read: Thailand Updates … Read more

Bitcoin Price Watch: A Spiking Price Could Mean Bitcoin Ends the Year on a High Note

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At press time, the father of cryptocurrency is back up to $6,700. This is about $100 higher than where it was yesterday, and about $300 higher than where it’s stood all week. Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission (SEC) had rejected nine separate … Read more

Top 4 Strategic VeChain Partnerships to Take Note of

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There are a lot of cryptocurrencies which are attempting to make a mainstream impact these days. Doing so is much easier said than done, even under the current circumstances. VeChain, a cryptocurrency which hasn’t gone unnoticed by any means, has secured several new partnerships with relative ease. The following companies are listed in alphabetical order. … Read more

Reserve Bank of India Forms Unit on Cryptocurrencies, Blockchain, AI

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The central bank of India has reportedly formed a special unit tasked to track emerging technologies such as those related to cryptocurrencies. Its members will be expected to research, draft rules, and, in the future, supervise the development of digital assets, blockchain and artificial intelligence applications.  Also read: Report: North Korea to Hold a Crypto … Read more

Top 4 Cryptocurrency PoS Solutions in 2018

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Getting consumers and retailers to deal with cryptocurrency payments has been a very big challenge. This is primarily because there are not many cryptocurrency-oriented point-of-sale payment solutions out there. The following companies – listed alphabetically – are trying to change that, but there is still a long way to go. 4. BitcoinPay One has to … Read more

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