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It has been a rather remarkable few years for cryptocurrencies. With the launch of ICO tokens, the industry has taken an important, albeit worrisome step. Despite the global crackdown on initial coin offerings, it seems the industry is still in a good place. With over $23 billion having been raised to date, it is evident there is … Read more
In the past few weeks, there has been a lot of talk of existing cryptocurrencies potentially being labeled securities. Two currencies are of particular concern in this regard, as that status could easily apply to both XRP and Ethereum. It now seems a lawsuit has been filed against Ripple for violating securities laws in issuing XRP … Read more
RBI’s ban on crypto-related banking services has been challenged again. Maharashtra-based Flintstone Technologies has turned to the High Court in Delhi to seek withdrawal of the April 6 circular issued by the Reserve Bank of India, calling it “arbitrary, unfair and unconstitutional.” The company points out that the central bank has not provided any reasons … Read more
Peer-to-peer trading of cryptocurrencies has become a lot more popular over the past few months. While centralized exchanges are still the dominant market leaders, OTC trading platforms such as LocalBitcoins and Paxful are gaining popularity. Unfortunately, the success story doesn’t extend to all OTC trading platforms, as CoinTouch was forced to shut down due to new … Read more
Bitmain is clearly intent on introducing a lot more ASIC miners in quick succession. Their latest unit is the Antminer Z9 mini, which is primarily designed to mine cryptocurrencies relying on the Equihash algorithm. Although none of those currencies are even remotely popular, it seems there may still be some interest in this mining unit. The … Read more
In a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
Cryptocurrency users may have noticed that there has been an influx of Twitter account hacks in the past week or so. One of the affected accounts was that of Vertcoin, although it was quickly recovered. It now seems a network of bots was behind these hacks. Twitter has confirmed that those bots successfully stole various identities over the course of three … Read more
There has been an ongoing “war” between Visa, Mastercard, and the cryptocurrency industry. With both major card issuers clamping down on Bitcoin-related debit cards over the past few months, it has become somewhat more difficult to spend cryptocurrency. Mastercard is now blaming the cryptocurrency industry for its reduced Q1 growth. Mastercard vs. Cryptocurrency The past year has been … Read more
Today has seen the price of BTC rally to test $10,000 USD amid the bullish response to the increasing institutional presence in the cryptocurrency markets. In other trading news, fee-free exchange Cobinhood has announced the introduction of trading pairs for the ninth largest cryptocurrency by market capitalization, IOTA. In international news, Russian cryptocurrency Youtuber Pavel … Read more
Even though most altcoins are stealing the thunder in the cryptocurrency world right now, no one will overlook the Bitcoin price either. The way things look right now, it appears to be a matter of time until the value per BTC surpasses the $10,000 mark. If that trend can effectively materialize and result in stable … Read more
