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Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, […]
The post Coincheck Drops Anonymous Monero, Dash, Zcash appeared first on Bitcoin News.
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Cryptocurrency is notorious for its volatility, but what if there were a way to remove this constant problem? While a cryptocurrency like Bitcoin is fungible, portable, durable, tradable, and valuable, it lacks a stable value. Mom and pop stores and large firms alike have been wary of accepting Bitcoin payments because price fluctuations aren’t a gamble they want to factor into running day to day business. Some say stablecoins are the solution for cryptocurrency volatility, while others are skeptical of claims of controlling the will of a market. Are stablecoins the key to a stable digital currency or just a short-term investment trend that’s likely toPowered by WPeMatico
Criticism aimed at authorities and the new legislation on “digital financial assets” is mounting in Russia. Local officials have rebuked lawmakers in the capital over slow progress, warning that the country will have to catch up with others. Experts from the crypto sector have expressed concerns about many unresolved issues in the proposed legal framework. […]
The post Russian Authorities Criticized over Proposed Crypto Regulation appeared first on Bitcoin News.
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Germany’s financial regulator has clarified its position on initial coin offerings. Bafin admitted it was receiving many inquiries about the status of tokens and cryptocurrencies distributed to investors through ICOs. The federal agency advised interested parties to refer to regulations applicable to traditional financial instruments and comply with current requirements. A new survey found out […]
The post Bafin Clarifies Stance on ICOs as More Germans Ask About Tokens appeared first on Bitcoin News.
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Video games industry is making a name for itself in the global market. According to ESA, in 2017 profit was more than $36 billion in US alone and $116 billion worldwide. The other booming part of economy nowadays is cryptocurrencies’ mining. The idea of combining two was developed by Game Machine project, which already has a working product and conducting Token Sale.
The post PR: Game Machine – Exciting Time to Be an Investor in Gaming Industry appeared first on Bitcoin News.
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Close to $400 million USD raised from initial coin offerings have been lost or stolen, a new research has found. The embezzled funds constitute more than 10% of what had been collected for the projects covered by the study. Meeting fundraising goals is getting harder for companies conducting new ICOs. Also read: Hackers Steal $400k […]
The post New Research: 10% of Funds Raised in ICOs Lost or Stolen appeared first on Bitcoin News.
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More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. […]
The post More than Half of Russians Know About Bitcoin Now appeared first on Bitcoin News.
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Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however – 68% believe that most people will […]
The post Survey: Indians See Brighter Crypto Future than Americans appeared first on Bitcoin News.
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The market cap of cryptocurrencies, the world’s fastest growing asset class, has surpassed $677 billion. And bitcoin itself has surged past the payment processing company Paypal and the fast food company McDonald’s. Still, it looks tiny compared to other global markets. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland The site The […]
The post A Visual Comparison Between Bitcoin and Other Markets appeared first on Bitcoin News.
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Members of the Indian crypto community have received offers to set up mining facilities after reports of potentially negative developments for miners in China. According to local media, businesses are already exploring such opportunities as India has some of the lowest electricity rates. Upcoming regulation, however, may put some hurdles on the track. Also read: […]
The post Mining Operations Offered to India After Mixed Signals from Beijing appeared first on Bitcoin News.
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