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Mt Gox has published an announcement that its civil rehabilitation and bankruptcy trustee, Nobuaki Kobayashi, has liquidated 25,331 BCH and 24,658 BTC. The trustee is now working on “the preparation of a rehabilitation plan” to repay monetary claims against the defunct exchange. Also Read: Bitcoin Enters the Scrabble Lexicon Mt Gox Publishes Update on Bankruptcy Proceedings The … Read more
What can we say except that bitcoin is once again down for the count? The currency has fallen by roughly $300 in the last 24 hours and is now trading for just over $6,300. Perhaps it was asking a bit too much that investors get their hopes up regarding the future. After all, it appears … Read more
Intercontinental Exchange’s Bakkt platform will begin its operations with physical Bitcoin futures, the company has said on social media Go to Source Powered by WPeMatico
Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets. In Nigeria, Sure Remit is helping make cash transfers cheaper and in Zimbabwe, TV subscriptions, … Read more
Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. Zaif has also signed agreements with two companies for their help with repaying customers and improving its security system. Also … Read more
A study has detected stability in the amounts of bitcoin held for both speculation and investment during the last several months through August. Also in The Daily, Opera launches its much-vaunted desktop browser with built-in crypto wallet, a new service offers Venezuelans SMS-controlled platform for cryptocurrency remittances, and website-building platform Wix integrates coin payments for … Read more
The China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between … Read more
Secured loans in the digital lending space are witnessing a lot of innovations. But thinking of cryptocurrencies as collateral forms for these loans is still a big question, one full of regulatory and practical concerns. Also read: Japanese Corporation Begins Offering Loans Secured by Cryptocurrency Loans Secured Against Bitcoins If there is anything that has … Read more
A recent study from Chainalysis shows that the amount of BTC held for speculation and investment was stable over the summer Go to Source Powered by WPeMatico
As sector fundamentals continue to improve, which digital currencies are signaling a change in trend? Let’s find out Go to Source Powered by WPeMatico