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A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space British Police Seized BTC … Read more
So, the father of crypto has dropped a bit. At press time, bitcoin is down by roughly $100 and is now at $7,400. This is not a big deal, however, and granted bitcoin can stay above the $7,000 line, enthusiasts and traders likely have nothing to worry about. Indeed, the currency has come a long … Read more
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions.” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Argument … Read more
Banks have shown a keen interest in Bitcoin technology over the years. Various patents have been filed by these financial institutions to explore new potential business use cases. JPMorgan was recently awarded a patent which could allow the bank to issue blockchain-based virtual depository receipts. JPMorgan Chase and Blockchain With so many banks exploring opportunities … Read more
The chances of Amazon ever accepting cryptocurrency payments directly are slim to none. It is evident the world’s leading e-commerce giant wants nothing to do with Bitcoin or any of the altcoins, regardless of how popular they may become. BitRefill has come up with an intermediary solution in this regard through its new Amazon voucher … Read more
Cryptocurrency wallet service providers are always looking for ways to evolve and grow. MyEtherWallet is going in an interesting direction by adding the ability to buy Ethereum with a credit card. This new feature is made possible thanks to its new partnership with Simplex. Another Step Forward for MyEtherWallet There are quite a few wallet … Read more
The Ethereum blockchain offers a lot of potential for innovation and new business models. Various projects and companies are actively building applications on top of this network. Despite some of its glaring limitations, Fuel Games is confident that Ethereum is the best option for its blockchain-based trading card game. Fuel Games Keeps the Confidence Over the … Read more
Cryptocurrency malware is a thriving business among online criminals. Hundreds of threats still exist, and this trend will not be slowing down anytime soon. Even so, it seems the era of cryptocurrency mining malware is nearing an end, primarily due to low cryptocurrency prices. The Future of Cryptocurrency Malware Over the years, the concept of … Read more
Various financial firms maintain active cryptocurrency portfolios these days. Grayscale Investments is one of the more well-known companies in this regard. The company has published its first digital asset investment report, which offers rather interesting insights. Approximately $250 million was raised during the first half of 2018. Grayscale Investments Continues to Truck Along Few people … Read more
Stablecoins are the newest frontier in the crypto industry, and IBM is the latest company that wants to challenge Tether for market share. The computing giant is exploring the possibility of issuing a new stablecoin that will be pegged to the US dollar in a bid to provide an alternative to crypto volatility. IBM has … Read more