Five Wellingtonians Arrested for Running a Bitcoin-Related Drug Business

Every time someone gets arrested for drugs, it is safe to assume Bitcoin plays some role. When five Wellington residents were arrested this week, a fair amount of Bitcoin and other cryptocurrencies were confiscated. Cracking down on illegal drug sales and imports is direly needed, though. Another Bitcoin-related Drug Arrest People who have been involved in the … Read more

The Bitcoin Misery Index: Finding An Entry Way With Sadness

This week the Wall Street analyst and Fundstrat executive, Tom Lee, has revealed a new index that helps cryptocurrency investors know the right time to buy BTC. The indicator is called the ‘Bitcoin Misery Index’ that calculates multiple market factors. Also read: Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US? The ‘Bitcoin … Read more

Credit Card Aims to Pay Users 1% Crypto Back Rewards

A new type of credit card aims to pay users cryptocurrency rewards rather than the typical ‘cash back’ incentives offered by traditional cards. The San Francisco based startup Blockrize aims to provide its customers with a 1% ‘crypto back’ rewards paid out in BTC or ETH. Also read: Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” … Read more

Singlepoint Launches Bitcoin Payment Solution for Cannabis Industry

Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Singlepoint’s Bitcoin Solution Publicly-traded … Read more

Coincheck to Start Compensating Hack Victims and Resume Operations Next Week

Hacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 … Read more

Wirex Launching Bitcoin Debit Cards in Europe

New crypto debit cards, with multiple currency accounts in GBP, EUR, USD, and BTC are offered by Wirex in Europe. The first plastic Visa cards were issued on Thursday, according to media reports. The new cards were made available for UK users on March 8. The service should be offered to customers in other EU … Read more

4 Common Misconceptions Regarding Cryptocurrency

The phenomenon known as cryptocurrency has attracted a lot of attention. Plenty of people are looking for up-to-date information regarding this new form of money. Unfortunately, this leads to a lot of misconceptions surrounding Bitcoin and altcoins. Let’s dispel a few of the more common ones. 4. Governments can Control Cryptocurrency Even though some governments may want … Read more

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