Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Japan's DMM Bitcoin Exchange Opens for Business With 7 CryptocurrenciesJapanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading DMM’s Crypto Exchange Launched […]

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Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

Overstock Glitch Gave Customers 'Discounts' With Bitcoin CashThis week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). Also read: No, Mainstream […]

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Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes Losses

Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes LossesThere’s been a lot of uncertainty stemming from the mainstream media’s portrayal of South Korea’s digital asset economy, and rumors of a trading ‘ban’ has triggered some significant cryptocurrency market volatility. The price of bitcoin took a tumble downwards yesterday evening to the $12,775 USD zone around 11 pm EDT, after it came close to […]

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Coinbase Merchant Error Causes Major Exploit on Overstock

overstock logoRecently, it was made public that retail giant Overstock.com had fallen victim to a huge exploit involving Coinbase’s merchant API. This is another issue on top of many others that customers and businesses have made apparent affecting the leading Bitcoin exchange. On January 5, independent researchers discovered a massive exploit in Overstock’s cryptocurrency payment gateway, which is offered through Coinbase’s merchant functionality. This exploit allowed Overstock customers to purchase items with Bitcoin Cash (BCH) instead of Bitcoin, which effectively resulted in an almost 85% discount. The even greater issue that emerged was the ability to return purchases made with the discounted BCH and

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Calvin Ayre Launching Bitcoin Cash Mining Operations

Calvin Ayre Launching Bitcoin Cash Mining OperationsOnline gambling entrepreneur and billionaire Calvin Ayre has announced his next business venture to be cryptocurrency mining operations. According to Ayre the mining facility will dedicate its hashpower to the bitcoin cash blockchain only. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Mining Facility Dedicated to Bitcoin Cash Only The […]

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Japan’s Fisco Launching Cryptocurrency Fund – Derivatives Products to Follow

Japan's Fisco Launching Cryptocurrency Fund - Derivatives Products to FollowFollowing the issuance of its bitcoin bond, Japanese investment research group Fisco Corporation is now launching a cryptocurrency fund. The company is also planning to offer derivative products as well as several other crypto-related services. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Fisco Launching Crypto Fund Tokyo-based […]

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Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion

TNABC Miami Event Stops Accepting Bitcoin Due to Fees and CongestionNext week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and […]

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GDAX on Its Botched Bitcoin Cash Launch; “Heavy Buy Demand Resulted in Insufficient Liquidity”

GDAX on Its Botched Bitcoin Cash Launch; "Heavy Buy Demand Resulted in Insufficient Liquidity"On January 9, Adam White, the general manager of the GDAX exchange, a subsidiary of Coinbase, gave his “retrospective” on the recent and controversial bitcoin cash (BCH) launch on the platform. White details that despite the company’s best efforts things didn’t go as planned, and the executive gives a transparent timeline of events. Also read: […]

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Aerospace Engineer Uses Bitcoin Cash to Buy $415,000 Home in Seattle

Aerospace Engineer Uses Bitcoin Cash to Buy $415,000 Home in SeattleThe mainstream adoption of cryptocurrency is continuing on pace in all different business sectors and in many economies across the world. The latest example of this featured in the press is the recent acquisition of a home using bitcoin cash. Also Read: Bitcoin Cash Used to Pay for Music Records, Gift Cards, Plastic Surgery The […]

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