After The Rise of its Controversial ”Digital USD” Tether Releases EURTs

After Creating a Digital USD Tether Limited Creates EURTsTether, creator of a USDT token claimed to be backed by the U.S. dollar, has been a hot topic of conversation lately to say the least. The company has been very successful so far issuing tokens to individuals and exchanges, but many skeptics are worried the digital currency is not backed by real fiat. Skeptics […]

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Crypto Card Issuers Seek Solutions in the Wake of a European Ban

Crypto Card Issuers Seek Solutions in the Wake of a European BanIntervention by Visa spelled an end to European crypto debit cards for the majority of customers on Thursday. Around a dozen crypto companies were affected by the shutdown, which instantly wiped out their services across Europe. Issuers such as Bitwala, Tenx, Bitpay, and Xapo were left high and dry after a Visa subsidiary stopped processing […]

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Cryptocurrency Hedge Fund Headed by Ex-Goldman Sachs VP Raises $140 Million

Cryptocurrency Hedge Fund Headed by Ex-Goldman Sachs VP Raises $140 MillionIt looks as if Silicon Valley and Wall Street are coming together just to see who can shower cryptocurrency ventures with more money. Also Read: Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500 Blocktower Capital Crypto Hedge Fund Blocktower Capital is a cryptocurrency hedge fund headed by former Goldman Sachs vice president Matthew […]

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China Introduces New Rules for Bitcoin Mining Operations

TheMerkle China Bitcoin MiningMost people are well aware of how the majority of Bitcoin mining takes place in China. Not only is this a centralization problem, it also means China is still dictating the Bitcoin landscape to a certain extent. Last week, news broke that the Chinese government was cracking down on Bitcoin mining. It seems a portion of that information was vastly overstated, even though mining business operators were asked to exit the industry in an orderly fashion. The Future of Bitcoin Mining in China It was only a matter of time before the Chinese government turned its attention to other parts of the cryptocurrency industry which

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Chinese Authorities Ask Local Miners to Submit Monthly Status Reports

Chinese Authorities Ask Local Miners to Submit Monthly Status ReportsXinjiang Province regulators have issued an official document informing local bitcoin miners to submit status reports on a specific schedule. Also Read: Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge     An Orderly Exit Bitcoin mining companies were told to write a status report before Jan. 5, according to a government notice signed by a Xinjiang […]

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Ledger Announces Nano S Shipments Are Delayed Until March 19

With so many new people entering the world of cryptocurrencies, it is only normal that there will be issues encountered along the way. Not only do we see exchanges struggle to keep their infrastructures up and running, but Ledger is also experiencing delays. More specifically, the company has seen such a huge demand for its Nano S hardware wallet, new shipments have been delayed until March 19. This is a blessing and a curse at the same time, although it will cause a fair amount of friction in the community. Ledger’s Popularity can be a Burden On the one hand, it is good

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