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A U.S. federal judge has ruled that My Big Coin is a virtual currency meeting the definition of a commodity, which falls within the jurisdiction of the Commodity Futures Trading Commission (CFTC). This allows the regulator to pursue fraud charges involving the cryptocurrency. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Judge … Read more
At press time, the father of cryptocurrency remains in the $6,600 range. This is good news for all those who choose to see the glass as half full. Bitcoin hasn’t necessarily travelled anywhere in the last 24 hours, but any day is positive granted the currency doesn’t drop. However, a new report is saying that … Read more
One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, … Read more
India’s central bank has reportedly denied setting up a unit to research cryptocurrency, blockchain and artificial intelligence as the media reported last month. This unit was supposed to research, draft rules, and supervise new emerging technologies. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals RBI Denies Setting Up Crypto Research Unit There … Read more
At press time, the father of cryptocurrency is back up at $6,600. This is $100 higher than where it stood yesterday and about $300 higher than where it was at the beginning of the week. Thus far, the currency seems on the rise again, and many are wondering if the bears are losing their footing. … Read more
Superrich International Exchange, a popular foreign currency exchange chain in Thailand, has reportedly revealed a plan to begin offering travelers cryptocurrency exchange service in addition to 32 fiat currencies. The company has 49 locations in Thailand, one in Cambodia, one in Britain, and is also in talks with regulators to start operations in Laos. Also … Read more
Looking at a snapshot of the top cryptocurrency markets by market capitalization from the 25th of September 2016 shows that whilst the three largest markets remain the same, only two other cryptocurrencies still retain their top ten ranking today. Also Read: Bitmain Bids for Public Listing on the Hong Kong Stock Exchange Top 3 Markets by … Read more
Telegram and other social messaging apps play an increasing role of importance in the cryptocurrency ecosystem. Various new services are being built to bridge the gap between crypto and these services. ParJar is an interesting platform in this regard. The following reasons make the platform stand out, assuming the team can maintain a stable ecosystem. … Read more
Being able to spend Bitcoin and other cryptos on real-life goods and services remains very difficult, even in 2018. Thankfully, companies such as BitRefill make this process a lot easier. Even though their current list of supported diners is fairly small, it includes some of the US’s biggest brands. All vouchers can be purchased with Bitcoin, Dogecoin, … Read more
On September 24, the director of research at Tierion and the bitcoin developer Paul Sztorc announced the launch of the first Drivechain release. The Drivechain protocol is an alternative to the sidechain concept because it enables multiple blockchain compatibility but the system utilizes the same 21 million bitcoins. Also read: Speculators and Investors Hodl, Venezuelans … Read more
