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There’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 … Read more
Recently, 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 … Read more
Yesterday, the cryptocurrency market was swimming in a sea of red. From the top 10 contenders to the lower market cap rising stars, assets were down across the board. Of course, there were a few outliers, including Bitcoin’s age-old rival: Ethereum. Ethereum Stands Strong Amid Turbulence Ethereum has been looking bullish going into the New Year. … Read more
A bitcoin investor sued the Huobi exchange to recover 400,000 yuan he lost while trading. Also Read: Thailand’s Regulators Allow Bitcoin Futures Trading Too Much Pressure Trading Bitcoin Wang Tieliang filed a lawsuit against Huobi and its two partners in Beijing to invalidate his bitcoin trades on the exchange. According to Wang, he deposited 1.4 million yuan … Read more
First, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin … Read more
White shoe investment bank Goldman Sachs has had outsized influence on Wall Street and in government for years. The influential company now says Bitcoin and other digital currencies are real money. #BREAKING NEWS Go to Source Powered by WPeMatico
Blockexplorer.com has announced that it will henceforth refer to Bitcoin Cash as Bitcoin only and the “Blockstream fork of bitcoin” as Bitcoin Legacy. Also Read: Michael Novogratz $400 Million Bet: Form Giant Crypto Merchant Bank An Evolutionary Dead End Blockexplorer.com, which provides detailed information about bitcoin blocks, addresses, and transactions, will be supporting Bitcoin Cash over … Read more
The South Korean regulators have started investigating two major cryptocurrency exchanges. The country’s National Tax Service has conducted an on-site investigation of Bithumb and Coinone. In addition, Coinone is also being investigated by the Korean police for allegedly offering illegal gambling services to investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate … Read more
While some people still feel hesitant to accept cryptocurrencies, we see an increasing trend in the real estate markets. Over the last few months the number of sales of houses and land properties conducted in bitcoin have risen considerably. Also Read: Fantasy Market Porn Coin CEO Ghosts, ICO Folds, Investors Lose A New Way of Transferring … Read more
During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated … Read more